20260619_RUNS_Public Expose_32102490_lamp1.pdf

Annual Report Executive
Summary

ANNUAL REPORT EXECUTIVE SUMMARY
. EXECUTIVE SUMMARY & YEAR IN REVIEW
PT Global Sukses Solusi Tbk

Executive Summary & Year in Review

B2B SAAS TRANSITION CORPORATE STRUCTURE

Successfully transitioned business model toward B2B SaaS, driving a Established new strategic entity, Mahuta Global, to enhance cross-

surge in recurring revenue contribution to 5659 in 2025. divisional synergy and operational efficiency.

PRODUCT LAUNCH FINANCIAL OUTLOOK

Launched Al-powered innovations such as Accounting-# with Financial performance faced challenges with a decline in revenue and
RAIN (AI Personal Assistant) to empower SME and Cooperative increased net loss, but strategic groundwork has been laid for

sectors. "Sustainable Growth with Technological Sovereignty".

ANNUAL REPORT EXECUTIVE SUMMARY

MACROECONOMIC & INDUSTRY CONTEXT (| 03
PT Global Sukses Solusi Tbk (@)

Macroeconomic & Industry Context

GLOBAL & DOMESTIC PRESSURES
NN

Operations in 2025 were navigated amidst challenging global economic dynamics and exchange rate volatility.

(AI NATIONAL TECH AGENDA

Aligned closely with the government's agenda to strengthen technological sovereignty and reduce dependency on foreign software vendors.

& COMPETITIVE ADVANTAGE

Successfully leveraged our high Domestic Component Level (TKDN) certification to secure public sector procurements.

ANNUAL REPORT EXECUTIVE SUMMARY
, STRATEGIC INITIATIVES & MILESTONES
PT Global Sukses Solusi Tbk

Strategic Initiatives & Milestones

MAHUTA GLOBAL la STRATEGIC PARTNERSHIPS Da

Formed PT Mahuta Global Teknologi (Jan Engaged with Telkom Group and BPI
2025) to capture new IT markets. Danantara to promote domestic tech.
PRODUCT INNOVATION SUBSCRIPTION SAAS
Launched & integrated Artificial Achieved 569 recurring revenue
Intelligence (RAIN) into Accounting. COVERNMENT PARTNERS contribution to drive sustainability.

& Ministry of Industry
“ (Kemenperin)
8 Ministry of Cooperatives

(Kemenkop)

ANNUAL REPORT EXECUTIVE SUMMARY
PT Global Sukses Solusi Tbk

Financial Performance Overview

FINANCIAL PERFORMANCE OVERVIEW

2024 VS 2025 (IN BILLION RP)

24

16

“1.54

2024
M GrossProfit ME NetLoss MI Revenue

2025

OPERATING REVENUES

GROSS PROFIT

NET LOSS

MANAGEMENT INSIGHT

Rp 17.17B

| from 21.078

Rp 10.92B

| from 15.438

(Rp 7.54B)

1 from -2.15B

Revenue compression and investments in new strategic product lines (AI, SaaS transitions)

contributed to the widened net loss, though recurring revenue stability provides a strong future

baseline.

ANNUAL REPORT EXECUTIVE SUMMARY
PT Global Sukses Solusi Tbk

Financial Position

FINANCIAL POSITION

TOTAL ASSETS

Rp 83.12B

Slight decrease from Rp 89.718

TOTAL LIABILITIES

Rp 24.28B

Slight increase from Rp 23.03B

ASSETS COMPOSITION 2025

48.89

intangible Assets m Other Assets

TOTAL EOUITY

Rp58.85B

Decrease from Rp 6.648

BALANCE SHEET INSIGHT

The balance sheet remains relatively stable, with total assets sufficiently covering liabilities by over 3.4x.

(0) Intangible assets (software development) make up 4196 of total assets (Rp 34-23 Bilion), reflecting our continuous
investment in proprietary technology.

ANNUAL REPORT EXECUTIVE SUMMARY
, LI@UIDITY, SOLVENCY & CASH FLOW
PT Global Sukses Solusi Tbk.

Taguidity, Solvency & Cash Flow

OPERATING CASH FLOW 2025 CASH FLOW MOVEMENTS (IN BILLION RP)

Generated positive net cash from operations of Rp 2.78 Billion (compared to Rp 4.00 Billion in 2024).

CURRENT RATIO

Healthy liguidity position. Current Assets stand at Rp 16.70 Billion against Current Liabilities of Rp 13.30 Imesing |
Billion.

FINANCING & DEBT

Repaid Rp 3.93 Billion in bank loans during the year. Total bank loans decreased to Rp 10.39 Billion.

ANNUAL REPORT EXECUTIVE SUMMARY
PT Global Sukses Solusi Tbk

Corporate Governance & ESG

CORPORATE GOVERNANCE & £

@

Governance

OPERATIONAL EXCELLENCE

0)
MN

Social

SOCIAL IMPACT

Continued investment in empowering the SME and Cooperative sectors to drive

widespread digital inclusion in Indonesia.

9

Environment

ENVIRONMENTAL IMPACT

Assisting customers in reducing their carbon footprint through comprehensive

business process digitalization.

ANNUAL REPORT EXECUTIVE SUMMARY
i FUTURE OUTLOOK & STRATEGIC DIRECTION
PT Global Sukses Solusi Tbk

Future Outlook & Strategic Direction

OUR GOAL FOR 2026

Build a crisis-resilient business model
through technological independence and
national data integration.

Focus o1 MM. FOCUS 02
Accelerate organizational Leverage the solid foundation built
digitalization and expand the B2B in 2025 to enter 2026 with a

SaaS ecosystem across domestic stronger, more sustainable

and regional markets. competitive position.

ANNUAL REPORT EXECUTIVE SUMMARY
BOARD OF COMMISSIONERS' PERSPECTIVE
PT Global Sukses Solusi Tbk

Board of Commissioners' Perspective

STRATEGIC VALUE CREATION

— OPTIMISM FOR THE FUTURE

The Board views the Company's business prospects with strong optimism, driven by robust business The Board is confident that AI innovations (like RAIN) and the expansion of the B2B SaaS ecosystem

fundamentals and the strategic shift to the Subscription-Driven Sustainability model. will serve as the primary catalysts in enhancing the Company's enterprise value.

— COMMITMENT TO GOVERNANCE

Reaffirms the commitment to exercising objective and strategic oversight, ensuring the consistent

implementation of Good Corporate Governance (GCG) to drive value for all stakeholders. BOARD APPRECIATION
The Board extends its highest appreciation to the Board of Directors and all employees for their exceptional

dedication and resilience amidst the challenging global economic dynamics and exchange rate volatility in 2025.