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Page 1
FUTURE
READY
Built on Excellence
PUBLIC EXPOSE
June, 24th 2026 1
Page 2
CONTENTS
• Overview of MAP Group
• Financials 2025 / 2026
• Group Strategy:
2026 & Beyond
• 2025 / 2026 Achievements
• 2025 / 2026 New Stores
• ESG + Sustainability
• Conclusion
2
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WE MONITOR MACROECONOMIC
DEVELOPMENTS CLOSELY.....
(to protect against major adverse conditions)
Indonesia GDP growth (%YoY) INFLATION
Quarter Q1 Q2 Q3 Q4 (%)
2019 5.1 5.1 5.0 5.0 7.0
6.0
2020 3.0 -5.3 -3.5 -2.2
5.0
2021 -0.7 7.1 3.5 5.0
4.0
3.08
2022 5.0 5.4 5.7 5.0
3.0
2023 5.0 5.2 4.9 5.0 2.0
2024 5.11 5.05 4.95 5.02 1.0
2025 4.87 5.12 5.04 5.39 0.0
Nov-23
Nov-24
Nov-25
Mar-23
Mar-24
Mar-25
Mar-26
Jan-23
Jan-24
Jan-25
Jan-26
May-23
May-24
May-25
May-26
Sep-23
Sep-24
Sep-25
Jul-23
Jul-24
Jul-25
2026 5.61 -1.0
GDP growth Projection 2026: 5.0% (Source: IMF)
Source: https://www.bps.go.id/ Source: https://www.bi.go.id/
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OUR DNA:
AT MAP, WE NEVER
STOP PUSHING FOR
NEW BOUNDARIES
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30+ YEARS OF DISCIPLINED GROWTH
4,192
4,023
3,150
2,387
2,320
1,938 1,953
1,779
1,044
720
631
533
No. of 437
474
Stores
150
80
40
2
1990 1995 1997 1999 2001 2002 2005 2007 2009 2011 2013 2015 2017 2019 2021 2023 2025 Q1 2026
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GROUP TODAY (Q1’26)
4,192 175 + 880
Over
Retail Stores
+ 55 online stores
0
World Class Brands
Cities *
+ Presence in 3rd party online stores
7
• Indonesia
Countries
• Philippines 34,018
• Vietnam • Singapore
• Thailand • Malaysia Employees
• Cambodia
* Excluding regional countries
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OUR PASSION:
WE HARNESS
THE POWER OF BRANDS
ONE-OF-ITS-KIND WORLD CLASS PORTFOLIO
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OUR BRAND PORTFOLIO
OVER 175
WORLD CLASS BRANDS
LEADER IN
REGIONAL BRAND MANAGEMENT
FOR ASEAN
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OUR BRANDS
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DEPARTMENT STORES
(& SUPERMARKETS)
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ACTIVE: SPORTS
* *
*
*
* * * *
* *
* * *
*
* Non-exclusive brands
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ACTIVE: LEISURE
*
*
** ***
* Non-exclusive brands
** Thailand only
*** Vietnam & Thailand only
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ACTIVE: KIDS
*
*
*
*
* *
*
* *
*
* * *
*
* Non-exclusive brands
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FASHION
*
**
* Joint Venture Company
** Vietnam only
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BEAUTY
*
*
* Non-Exclusive Brands
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TECH
*
* *
*
* *
* Non-Exclusive Brands
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FOOD & BEVERAGE
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OTHERS
*
out of asia
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RETAIL FOOTPRINT
CATEGORY STORES SPACE (SQM)
Consolidated 4,192 1,267,253
Department Stores 69 338,744
Specialty Stores 3,258 706,865
- Active 2,291 484,264
- Fashion & Beauty 731 198,868
- Digital 236 23,733
F&B 859 213,513
Others 6 8,131
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WE ARE RESILIENT!
RESILIENT PERFORMANCE
AMID GLOBAL VOLATILITY
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FINANCIALS 2025/2026
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CONSOLIDATED INCOME STATEMENT (2024 - Q1 2026)
Consolidated Unaudited Audited
% Growth % Growth
(IDR Billion) Q1 2026 Q1 2025 2025 2024
Net Sales 12,292 9,310 32.0% 43,083 37,836 13.9%
EBIT 1,051 778 35.0% 3,990 3,450 15.6%
% margin 8.6% 8.4% 9.3% 9.1%
EBITDA 1,947 1,557 25.1% 7,327 6,447 13.6%
% margin 15.8% 16.7% 17.0% 17.0%
Net Profit* 762 567 34.5% 2,719 2,147 26.6%
% margin 6.2% 6.1% 6.3% 5.7%
After implementation of PSAK 73
Net income before minority
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NET SALES
CAGR 2021 - 2025 : 23.7%
43,083
37,836
33,319
26,937
18,424
12,292
9,310
2021 A 2022 A 2023 A 2024 A 2025 A Q1 2025 UA Q1 2026 UA
Presented in billion Rupiah
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EBIT
CAGR 2021 - 2025 : 34.4%
3,990
3,596 3,450
3,070
1,222
1,051
778
2021 A 2022 A 2023 A 2024 A 2025 A Q1 2025 UA Q1 2026 UA
Presented in billion Rupiah
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EBITDA
CAGR 2021 - 2025 : 20.8% 7,327
6,212 6,447
5,467
3,438
1,947
1,557
2021 A 2022 A 2023 A 2024 A 2025 A Q1 2025 UA Q1 2026 UA
Presented in billion Rupiah
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NET PROFIT
CAGR 2021 - 2025 : 55.3%
2,719
2,511
2,345
2,147
762
468 567
2021 A 2022 A 2023 A 2024 A 2025 A Q1 2025 UA Q1 2026 UA
Presented in billion Rupiah
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BALANCE SHEET
UNAUDITED AUDITED UNAUDITED AUDITED
LIABILITIES &
ASSETS
As of As of As of EQUITY As of As of As of
31 MAR ’26 31 DEC ’25 31 DEC ’24 31 MAR ’26 31 DEC ’25 31 DEC ’24
CASH & EQUIVALENTS 5,274 5,042 4,040 BANK LOAN 3,474 2,898 2,329
ACCOUNT RECEIVABLES 964 1,157 1,086 BONDS PAYABLE - - 430
INVENTORIES 9,777 9,342 8,290 ACCOUNT PAYABLE 4,198 4,383 4,373
PROPERTY, PLANT,
6,876 6,723 6,194 LEASE LIABILITY 4,999 4,869 5,066
EQUIPMENT
ROU - NET 5,744 5,569 5,556 OTHER LIABILITIES 3,550 3,463 2,876
EQUITY & MINORITY
OTHERS 5,587 4,991 4,359 18,001 17,211 14,451
INTEREST
TOTAL LIABILITIES &
TOTAL ASSETS 34,222 32,824 29,525 34,222 32,824 29,525
EQUITY
After implementation of PSAK 73
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AT MAP,
WE THINK LONG TERM...
Strategy and vision built to compound
- for 2026 and far beyond.
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STRATEGIC PILLA R S 2026 & BEYOND FUTURE READY Built on Excellence
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1. Prudent Expansion
STRATEGIC 2. Strengthen Operational
Excellence & Cost Productivity
PILLARS
3. Digitalization
2026 & BEYOND
4. People & Culture
5. Customer Experience
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1. PRUDENT EXPANSION
VIETNAM Expand Regionally to
extend Market Leadership
THAILAND
1 REGION
CAMBODIA
PHILIPPINES
MALAYSIA
SINGAPORE
7 COUNTRIES
INDONESIA
4,192 STORES
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PRUDENT EXPANSION
MAP STORES IN ASEAN - Q1’26
INDONESIA PHILIPPINES VIETNAM
• 3,667 stores • 263 stores • 47 stores
• 150+ exclusive brands • 23 exclusive brands • 13 exclusive brands
THAILAND MALAYSIA SINGAPORE CAMBODIA
• 49 stores • 127 stores • 27 stores • 12 stores
• 11 exclusive • 9 exclusive • 10 exclusive • 4 exclusive
brands brands brands brands
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2. STRENGTHEN OPERATIONAL
EXCELLENCE & COST PRODUCTIVITY
IMPROVE PROCESS TRIM EXPENSES
Consolidate resources across all Carefully evaluate every cost to
countries of operation for cohesive ensure spending directly benefits
execution the business
BRAND &
STORE RATIONALIZATION OPTIMIZE HEADCOUNT
Maximize brand and store Align workforce with business
profitability through thorough needs (StoreForce); apply
ongoing performance monitoring backend automation for
future-ready efficiencies
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3. DIGITALIZATION
We continue to strengthen our digital capabilities to
improve productivity, operational efficiency, and customer
experience & service excellence across MAP.
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4. PEOPLE & CULTURE
POWERING THE NEXT 5 YEARS START WITH US
2026
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5. FOCUS ON CUSTOMER EXPERIENCE
Reimagine The Consumer Experience
for The New Prosumer
Hyper-personalized Big data for targeted marketing
Engagement and merchandising
- One power app for branded shopping
All Brands All Sales Channels
14 Million+
Members All Retail Categories eMoney & Incentives
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ONLINE STORES (OMNI-CHANNEL)
ACTIVE FASHION TECH 3rd Party
Marketplaces
Planetsports.asia Converse ID ZARA ID Digimap ID
Sportsstation ID Converse PH ZARA VN Digimap PH SHOPEE
Lineashoes ID Converse SG ZARA CB Digibox VN LAZADA
Footlocker ID Converse MY Pull & Bear.com Digibox CB TOKOPEDIA
Footlocker PH Converse VN Massimo Dutti ID Shark Ninja ZALORA
Footlocker SG Stevemadden ID Massimo Dutti VN BLIBLI
Stradivarius.com
Footlocker MY Fitflop ID DEPT. STORE GRABMART
Zarahome.com HAPPY FRESH
Footlocker VN Fitflop PH
Bershka.com SOGO ID GOFOOD
Footlocker TH Aldo TH
Mango.com GRABFOOD
Kidzstation ID Aldo MY
Lacoste.com SHOPEEFOOD
Reebok.id Aldo SG
Marks&Spencer.com TIKTOK
Crocs.id Aldo ID
Tumi.com
Skechers ID Hoka ID
Sephora ID
BricksActive ID Hoka PH
Flying Tiger ID
Newbalance ID LEGO store ID Abercrombie & Fitch
Newbalance TH Guess ID
Guess MY
Hollisterco.ID
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ONLINE STORES CONTRIBUTION
2023 2024 2025 Q1 25 Q1 26
8.8% 9.2% 9.8% 8.6% 11.3%
4,203 Q1 2026
3,842
2,933
Sales Contribution
11.3%
802 1,395
2023 2024 2025 Q1 2025 Q1 2026
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STRENGTHENING OUR
RETAIL NETWORK:
CONSISTENT LAUNCHES OF
NEW STORES
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NEWLY ACQUIRED BRANDS IN 2025 & 2026
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NEW STORES 2025/2026
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PLAZA INDONESIA
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PONDOK INDAH MALL
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PACIFIC PLACE
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GRAND INDONESIA
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DP MALL, SEMARANG
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SUN PLAZA, MEDAN
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MALL BALI GALERIA
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CCP, SINGAPORE
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BUGIS+, SINGAPORE
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THE GARDENS MALL, MALAYSIA
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AEON MALL, TEBRAU MALAYSIA
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MALL OF ASIA, PHILIPPINES
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MALL OF ASIA, PHILIPPINES
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LIVING WORLD KOTA WISATA
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GRAND METROPOLITAN BEKASI
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EMPORIUM PLUIT
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SUNPLAZA MEDAN
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DUTAMALL PALANGKARAYA
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MEGA, PANAKUKKANG MAKASSAR
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PALEMBANG INDAH ICON
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UBUD BALI
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PALEMBANG INDAH ICON
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PVJ BANDUNG
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BANDUNG ISTANA PLAZA
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TUNJUNGAN PLAZA SURABAYA
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GRAND INDONESIA
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TRINOMA, PHILIPPINES
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POWER PLANT, PHILIPPINES
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ROBINSONS ILOCOS NORTE, PHILIPPINES
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COTABATO CITY, MAGUINDANAO -
PHILIPPINES
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CENTRAL DUSIT PARK, THAILAND
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CENTRAL DUSIT PARK, THAILAND
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AEON NILAI, MALAYSIA
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ALAMANDA, MALAYSIA
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BANDARAYA MELAKA, MALAYSIA
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BALI IMAGINARIA
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ANTASARI PLACE
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MAKASSAR AIRPORT
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TERMINAL 1C SOEKARNO HATTA
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KUTA BEACHWALK, BALI
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KM57
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INDONESIA
TERMINAL 1C SOEKARNO HATTA METLAND CYBER CITY
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GRAND INDONESIA
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OUR OBSESSION:
RELENTLESS
PURSUIT OF
EXCELLENCE
Going for the highest standards + winning awards!!
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ACHIEVEMENTS
2025/2026
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“ INDONESIA’S
”
TOP 100 BEST COMPANIES
- FORTUNE INDONESIA AWARD 2025 -
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“ BEST COMPANIES TO WORK FOR
IN ASIA - 4 CONSECUTIVE YEARS
”
(2023, 2024, 2025 & 2026)
- HR ASIA -
2026
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EMPLOYER BRANDING & LEARNING &
TALENT ACQUISITION DEVELOPMENT
- HR Excellence - HR Excellence
Awards 2025 - Awards 2025 -
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BEST EMPLOYER BEST SOFT SKILLS
BRANDING
(GOLD)
(SILVER)
- HR Experiences Awards 2025 - - HR Experiences Awards 2025 -
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“ BEST
”
HUMAN CAPITAL
- WARTA EKONOMI 2025 -
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“ ISO/IEC 27001: 2022
CERTIFICATION
INFORMATION SECURITY
MANAGEMENT SYSTEM
”
2026
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“
ASIA PACIFIC
BEST SALES
”
2025
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“ GLOBAL
DISTRIBUTOR
OF THE YEAR
”
2025
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• The Largest Simultaneous Latte Art Class Held Across
the Most Coffee Outlets - MURI Record Award
• Multisensory Marketing program to Gen Z - Marketeers
Youth Choice Award
• NEXT Awards 2025:
• Most Innovative Use of AI in a Campaign (Gold)
• Most Innovative User-Generated Campaign (Gold)
• Most Innovative Retail Marketing Campaign (Silver)
• Most Innovative Customer Engagement Campaign
(Bronze)
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EXCELLENCE IN MARKETING
PERSONALIZATION FOR “MOODBREWSTER”
CAMPAIGN
- MMA - MARKETING
SMARTIES EXCELLENCE
AWARDS AWARDS
2025 - 2025 -
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“ ENDANG SUNARDI
(PIZZA MARZANO CHEF)
WON “PIZZA BATTLE”
”
(GOLD MEDAL)
- THE 7TH LACUISINE COMPETITION 2025 -
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“ HALAL ASSURANCE COMPLIANCE
- LPPOM AWARDS 2025 - ”
2025 RECOGNITION FOR:
• Service Quality
(consistently high customer ratings)
• Food Preparation Standards
• Order Acceptance Rate
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WE ARE FOCUS ON
ESG
‘DO WELL BY DOING GOOD’
Mindset
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SUSTAINABILITY
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MEMBER OF ESG LEADER INDEX
Both MAPI and MAPA are included in
Indonesia Stock Exchange ESG Leaders Index
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PEOPLE – GENDER EQUALITY
Gender Composition per Dec
Gender Composition
2025
per Dec 2025
All Employees
48% 52%
Employ 33,111 people and provides
Female Male Equal Opportunity in all Levels
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EQUAL OPPORTUNITIES
Starbucks Signing Store – MAP Impact – Recruitment of Hearing-impaired
Hearing-impaired employees employees across MAP Operations
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MAP RETAIL ACADEMY
Raising Retail Education Standards
The Company provides many training opportunities to help
our employees grow their skills and careers
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QUALITY TRAINING FOR THE COMMUNITIES
The Company believes that knowledge is to be shared
- MAP Retail Academy provides training to external parties
to strengthen Indonesian Retail Industry
Personal Development Class Business Ethics Class Visit from Singapore
MM Prasetya Mulya LSPR Management University
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PARTNERSHIP
Community Development : MAP Retail Academy Signed MoU with Ministry
of Social Affairs Republic Indonesia
MAP & BINUS: Company Accelerated Education Program
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FIRST PROGRAM OF
• Scholarship program for MAP employees’
children
• Funded + owned by employees
• First batch: 11 employees’ children
accepted into their chosen universities
• Second batch: 8 employees’ children
accepted into their chosen universities
• Includes enrichment programs
by MAP Retail Academy
• Focus on embodying MAP Bright values,
career preparation, and achieving dreams
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RUMAH BELAJAR ANAK BINTANG - RAJAB
• Initiated in 2014, in cooperation
with Karang Taruna Jawa Barat
(West Java Youth Organization)
• RAJAB is a character building
education program for
underprivileged children
• Currently RAJAB operates in
7 villages across West Java
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RAJAB WASTE REDUCTION
Through Rumah Belajar Anak Bintang (RAJAB), our community development
program, we also encourage sustainable lifestyle from the early age
ECOBRICS
The reinforced plastic bottles/ecobricks are
Used mineral bottles are hardened by compacting hard then tied together
to recycle plastic packaging (sachet, candy wraps, etc)
inside the bottle
Small stool chair
is made from 23
used plastic
bottle and
Tied ecobricks are approx. 5.75kg
then covered with plastic waste
fabrics
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RAJAB WASTE REDUCTION
PLANTING THE EARTH SOIL BIOPORE CREATION
We teach the next generation that planting is fun and Aside teaching the students about composting, this
important activity will also stimulate soil organism to create
biopores, which increase soil ability to absorb water
PLANT VASE FROM USED FABRICS
REUSE/RECYCLING OF USED PAPER
RAJAB Panyocokan RAJAB Sukawening
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WASTE REDUCTION
No Single-use Plastic Shopping Bags Take Back Program
Greener
Nusantara
Program
- Plastic
reduction
in F&B Stores
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COACHING CLINICS
MAP conducts Coaching Clinics to encourage kids to pursue
a healthy and active lifestyle
Running Coaching Clinic Swimming Coaching Clinic
Badminton Coaching Clinic Basketball Coaching Clinic
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DONATION AND VOLUNTARY PROGRAMS
MAP conducts various donations and voluntary programs
to support communities
Sogo School of Happiness – In collaboration with
Benih Baik, renovate SD Negeri 1 Pagerwangi in
Lembang, West Bandung Regency.
Sports Station Berbagi - visited Raharja
Mandiri Social Institution, which nurture
children with special needs Voluntary Work with Habitat for Humanity –
Disaster Aid Donations Improving community home condition
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ENERGY AND EMISSION REDUCTION
Utilization of Solar Panel in Starbucks stores
Planting of Avocado Trees
to rehabilitate the environment & protect
SANDWICH the coastline
VEGGIE
Plant Based Menu
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CLEAN WATER SUPPLY
Built 19th Water tower that 4 Unit Clean Water Filtration System
can be used by SDN Citereup 02 and SDN Puspanegara (Aquablock) Donated to Disaster
03 elementary schools in Bogor Regency impacted area in Sumatera
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SUPPORTING INDONESIAN BRANDS
DEPARTMENT STORES MAP ACTIVE
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SUPPORTING LOCAL ARTISTS
IMAGINARIA OPENING KREASI BERKISAH
The Company partnered with local artist during the In collaboration with Institut Teknologi Bandung
opening of the largest Apple Premium Partner Store in Faculty of Art and Design (FSRD ITB), selected
Southeast Asia called Imaginaria by Digimap. students and products are refined and showcased
in Alun-alun Indonesia from 11 Nov to 2 Dec 2025,
allowing them to reach the market.
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PARTNERSHIP WITH LOCAL FARMERS
Donation of Coffee Tree Seeds to Indonesia Sumatera Coffee is Sold in
Starbucks Farmer Support Center Over 80 Countries through Starbucks
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MAP: MANUFACTURING FOR THE WORLD
PT OUT OF ASIA
Main Factory/Warehouse:
• Location: Bantul (Jogjakarta)
• Employ over 3,000 artisans in 4 islands
(Bali + Java + Lombok + Sumatra)
• Export to over 20 countries worldwide
Some of our clients:
Plus many more!
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CONCLUSION:
OUR BEST IS
YET TO COME
THE SUPER POTENTIAL OF ASEAN
IS ONLY BEGINNING TO UNLOCK
700+ MILLION OPPORTUNITY
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THANK YOU
122
Names mentioned 4 people and organisations named in the text · linked when the evidence is strong
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org
Indonesia Stock Exchange
p.102
unresolved
org
PT OUT OF ASIA Main Factory
p.120
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