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Page 1
PUBLIC
EXPOSE


Presentation by:
Anthony Mc Evoy (President Director)
Jakarta, June 24th, 2026
Page 2
           • Our Story

           • MBA Overview

           • Our Strategies
TABLE OF
           • FY2025/Q12026 Financial Highlights
CONTENTS   • 2025/2026 Marketing
             & Operational Highlights

           • ESG / Sustainability Initiatives


                                                  2
Page 3
                  Launch of



                                                                                                             OUR
                                                  Launch of                        IPO of MBA


 2002                             2008                             2016
 Launch of        2006            Launch of       2013             Partnership      2017
                                                                                                            STORY
                                                                      with
                                                                    General
                                                                    Atlantic
                                                                                                     •   Starbucks won
                                                                                                         "Excellence in Loyal
                                                                                                         Marketing" – Marketing
                                              •    Expanded into                                         Interactive
                                                   10 new cities                                     •   MURI & World Record
                 Acquisition of               •    Surpassed                                             for simultaneous
                                                   700 stores                                            Sumatra coffee tasting
                                                   across                                                across the most Starbucks
 2018                             2021             Indonesia                 2023                        stores in Indonesia
                                                                                                                                      2025
Acquisition of    2019            Launch of        2022              •   Starbucks & Subway
                                                                         received LPPOM MUI
                                                                                                               2024                  Acquisition of

                                                                         Halal Award
                                                                     •   MBA won "Best
                                                                         Consumer Cyclicals
                                                                         Sector" – Certified
                                                                         Securities Analyst Awards                                                    3
Page 4
 MBA OVERVIEW (Q1 2026)
  859 9            PREMIUM
                F&B BRANDS
                              7,286
RETAIL STORES                  EMPLOYEES

                             A MEMBER OF MAP

   58
                LISTED ON
                                  GROUP
                INDONESIA
                  STOCK         STRATEGIC
   CITIES       EXCHANGE     PARTNERSHIP WITH
                             GENERAL ATLANTIC




                                                                   4
                                                Acquired in April 2025
Page 5
        MBA OVERVIEW (Q1 2026)
     NO. OF STORES
STARBUCKS       592 stores
GENKI SUSHI      29 stores
PIZZA MARZANO    23 stores
SUBWAY          112 stores
KRISPY KREME     44 stores
PAUL             24 stores
COLD STONE       15 stores
GODIVA            8 stores
TOAST BOX        12 stores

TOTAL           859 stores
Page 6
OUR STRATEGY
of Growth

 1   PRUDENT EXPANSION



 2   IMPROVED EFFICIENCY



 3   DIGITALIZATION



 4   FOCUS ON CUSTOMER EXPERIENCE


                                    6
Page 7
 Strategic Acquisitions & Partnerships
Identify opportunities and driving category leadership to meet customers’ needs
                  and reaching more consumers in new cities.

Continuous expansion to new territories                                         GEOGRAPHICAL SALES
                                                                            Outside Java,
                                                                               21.9%




                                                                           Java, 17.3%              Jabodetabek,
                                                                                                       60.8%

 Pizza Marzano opened its first store   The first Toast Box store by MAP
           in Yogyakarta
                                                                                            *Data per 1Q26
Page 8
FY2025/Q12026
  FINANCIAL
 HIGHLIGHTS


                8
Page 9
CONSOLIDATED INCOME STATEMENT
                                                                      *
  Consolidated            Unaudited                      Audited
                                           % Growth                       % Growth
 (in Billion Rupiah)   Q1 2026   Q1 2025              2025    2024
Net Sales               806       720       12.0%     3,236   3,228         0.2%


Operating Loss          (63)      (62)       N/A      (137)    (95)         N/A
%margin                 -7.8%     -8.6%               -4.2%   -2.9%
EBITDA                   79        77        2.9%      429     496         -13.5%
%margin                 9.8%     10.7%                13.3%   15.4%
Net Loss                (52)      (53)       N/A      (151)   (146)         N/A
%margin                 -6.4%     -7.4%               -4.7%   -4.5%


                                                                                     9
Page 10
                                  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 & Cash
                             300         376             469   Account Payables         480        528             539
 Equivalents
 Account                                                       Employee Benefit
                             44          54              60                             102         98             90
 Receivables                                                   Obligations
 Inventories                 161         169             136   Lease Liability          491        504             511
 Property, Plant,
                            1,172       1,214        1,327     Other Liabilities        282        290             278
 Equipment
 Right-of-use-assets -
                             653         665             667   Total Equity            1,345      1,397        1,547
 NET

 Others                      370         339             306
                                                               TOTAL LIABILITIES &
 TOTAL ASSETS               2,700       2,817        2,965                             2,700      2,817        2,965
                                                               EQUITY
After implementation of PSAK 73                                                                                          10
Page 11
  2025/2026
MARKETING
      &
OPERATIONAL
 HIGHLIGHTS

              11
Page 12
                                - NEW STORES


                                                MAHAKAM BLOK M




SOUTH KUTA MANDALIKA LOMBOK   THE LUC CANGGU BALI            PADEL 10 BSD
                                                                            12
Page 13
             - MAJOR CAMPAIGN
Starbucks Barista Championship 2025


                              ▪ Held for 5 days
                                (12-17 Feb 2025)
                                at Grand Indonesia
                              ▪ Experienced by > 1,400
                                visitors, got more than
                                100K impressions on
                                social media, covered by
                                60 publications with
                                estimated media value
                                > IDR1bio.

                                                           13
Page 14
                - MAJOR CAMPAIGN
More Than Worth: Road to Tokyo 2025/2026

                                  ▪ ONLY STARBUCKS
                                    CAN DO as a global
                                    brand, including fly 3
                                    our loyal customers to
                                    Tokyo, Japan.
                                  ▪ Total SR member
                                    who join RTT: 239K
                                  ▪ Total RTT coupon:
                                    1,8M
                                  ▪ Acquire 23K new SR
                                    member from this
                                    program.

                                                             14
Page 15
     - MAJOR CAMPAIGN
Starbucks Run 2026

                     ▪ > 5,6K runners.
                     ▪ Covered by 43 media
                       publications with est.
                       total media value
                       IDR 600mio
                     ▪ 20M impressions
                       and 7M reach on
                       social media




                                                15
Page 16
       - PRODUCT INNOVATIONS
Food   Beverage   Merchandise




                                16
Page 17
                   - NEW STORES



                                    1st in
                                   Batam




TEROGONG JAKARTA      K-SQUARE BATAM         THE LUC CANGGU BALI
                                                                   17
Page 18
                      - PRODUCT INNOVATIONS
PHILLY CHEESE STEAK     AYAM & SAPI SAMBEL HEJO   FLAVORS OF JAPAN




                                                                     18
Page 19
- VALUE MENU
   Subsavers




               19
Page 20
    - MAJOR COLLABORATION
Subway x Cheetos "Crunchy Cheesy"




                                    20
Page 21
- MAJOR COLLABORATION
Godiva x Pop Mart (Labubu)




                             21
Page 22
                          - MAJOR COLLABORATION
VA N H O U T E N C O L L A B   CERES COLLAB   G E N S H I N I M PA C T C O L L A B




                                                                                     22
Page 23
- NEW STORE
  Summarecon Mall Bekasi 2




                             23
Page 24
  - NEW ACTIVATIONS
New Menu      Holiday Season




                               24
Page 25
               - NEW STORES




TERMINAL 1C SOETTA    KM57    METLAND CIBERCITY




                                                  25
Page 26
            - MAJOR CAMPAIGN
X LOTUS BISCOFF   X HARRY POTTER   X CERES




                                             26
Page 27
          - PRODUCT INNOVATIONS
CHRISTMAS MENU   RAMADAN MENU & HAMPERS   ALL DAY BREAKFAST




                                                              27
Page 28
              - NEW STORES




SEMARANG 23           KUTA BEACHWALK BALI
                                            28
Page 29
- PRODUCT INNOVATIONS
Piccolo Meals




                    29
Page 30
                - NEW STORE
KM 57 JAKARTA   SUMMARECON MALL 2 BEKASI   K-SQUARE BATAM




                                                            30
Page 31
- MAJOR UPDATE
Certified HALAL




                  31
Page 32
                                 AWARDS


        Sustainability
         Certificate
for helping to save approx. 367,305 kg virgin plastic
                 from Jan-Dec 2024

            - Surya Indo Plastic -
                     2025

                                                        32
Page 33
                       AWARDS


  LPPOM Corporate
  Halal Leadership
    Appreciation
- Halal Assurance Compliance Award -
                2025

                                       33
Page 34
                    AWARDS


Kelas Latte Art Secara
Serentak di Gerai Kopi
      Terbanyak
 - Museum Rekor Indonesia (MURI) -
              2025

                                     34
Page 35
                    AWARDS


FORTUNE Indonesia
 Change the World
  - FORTUNE Indonesia Summit -
              2026

                                 35
Page 36
                AWARDS


Most Active
 Merchant
- Indodana Paylater -
        2026

                         36
Page 37
                     AWARDS


  Gold Loyalty
    Award
- Callebaut Belgian Chocolate -
             2025

                                  37
Page 38
                         AWARDS


The Sales Growth
Excellence Award
 for Genki Sushi Kuta Beachwalk Bali

- Genki Global Dining Concepts -
              2026

                                       38
Page 39
SUSTAINABILITY
  INITIATIVES


39
Page 40
"LESS PLASTIC POLICY"             Plastic reduction initiatives
                                      through "Greener
                                     Nusantara" initiative.

                                  Use of "greener" materials
                                   in all Starbucks stores.




         “Recycled PET Cups,
            Paper Straws,     “
            Wooden Stirrers                                       40
Page 41
CARING FOR                Collaborating with Planet
                        Water Foundation, we built
THE COMMUNITIES          the19th water towers that
WHERE WE DO BUSINESS       provide clean water to
                       the surrounding communities.​




                                                       41
Page 42
CARING FOR             Collaborating with Starbucks
                           Foundation and Planet
THE COMMUNITIES          Water Foundation, 4 water
                       filtration units (Aquablock)
WHERE WE DO BUSINESS      were donated to disaster
                        impacted area in Sumatera​.




                                                      42
Page 43
DISASTER RELIEF &      One of the first responder to Bali and
                    Sumatra Flood Disaster, Starbucks donated
COMMUNITY             more than US$50K through Save the
RECOVERY              Children and Planet Water Foundation.




                                                                43
Page 44
ETHICALLY SOURCED COFFEE
99.75%* of Starbucks coffee beans are sourced
   from farmers that implement Coffee and
      Farmer Equity (C.A.F.E) practices.




*Source: Starbucks Global Environmental and Social Impact Report Page 37.                  44
Https/about.starbucks.com/uploads/2025/05/Starbucks-Fiscal-2024-Global-Impact-Report.pdf
Page 45
STARBUCKS FARMER
SUPPORT CENTER IN
BRASTAGI
  Support the establishment
   of Farmer Support Center
           in Brastagi.
     Helping local farmers
  to implement sustainable
      agriculture practices,
 which increase the quality of
    their coffee beans and
           livelihoods.
                                 45
Page 46
EMPLOYMENT   Creating jobs and income for over 7,000
              employees, as at end of March 2026.




                                                       46
Page 47
EQUALITY     Our employees consisted of
           43.5% Female and 56.5% Male,
             as at 31st December 2025.




                                          47
Page 48
EQUALITY      Operate the first Starbucks
             "Signing Store" in Indonesia,
           dedicated to the hearing-impaired
                      community.




                                               48
Page 49
VOLUNTARY ACTIVITY
                                The Company encourage our employees
                                   to actively participates in our NGO
                                            partner activities.




   Voluntary Activity with
   Habitat for Humanity




                                      Voluntary Activity with           Voluntary Activity with
                             Indonesian Street Children Organization   Yayasan Sahabat Anak
                                                                                                  49
Page 50
STARBUCKS CREATIVE       Benefits 15 schools
                         with more than 6,000
YOUTH ENTREPRENEURSHIP      students across
PROGRAM                        Indonesia.




                                                50
Page 51
BOOK DONATIONS BY STARBUCKS
   Donate 10K books to Save the Children Aceh & Jakarta through
            STARBUCKS BOOKS FOR THE FUTURE




                                                                  51
Page 52
PARTNERSHIP WITH THE INDONESIAN
DEAF WELFARE MOVEMENT (GERKATIN)
  Supported by the Starbucks Foundation, we conducted a workshop and
      created a digital dictionary for Mental Health Sign Language.




                                                                       52
Page 53
CELEBRATE KRISPY KREME's
19th ANNIVERSARY Sharing happiness with Fire House 33
                           Bekasi and Vita Dulcedo Orphanage




                                                               53
Page 54
SOCIAL IMPACT FOR THE NEXT GENERATION
 MBA supports Jambore Sahabat Anak 2025 by Indonesia Street Children
                  Organization (ISCO) Foundation.




                                                                       54
Page 55
COOPERATION WITH THE GOVERNMENT
 KRING Program - MSME Class: Growing and                  TEKAD (Tani, Ekspor, Kopi, Ajar dan Dana)
                Upscaling                                                Program




 In collaboration with the Jakarta Provincial Office of   In collaboration with the Indonesian Ministry of
 Industry, Trade, Cooperatives, Small and Medium          Agriculture, This program aims to support
 Enterprises    (PPKUKM)      and    the    Indonesian    Indonesian coffee farmers in increasing their
 Technology Innovation Foundation (INOTEK), This          yields, incomes, and the long-term sustainability of
 program aims to strengthen the skills and                coffee plantations.
 competitiveness of micro and small business owners
 in Jakarta.                                                                                                     55
Page 56
THANK
 YOU

        56

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linked org Grand Indonesia p.13
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possible — General Atlantic p.3 ×2
unresolved org Strategic Acquisitions & Partners p.7
unresolved org Yayasan Sahabat Anak p.49
unresolved org Ministry of Industry p.55

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