20241203_RAFI_Public Expose_31804004_lamp2.pdf

   b. Dodes the sentiment of declining purchasing power affect revenue and potentially reduce
      FY24 revenue? How does management perceiver this?
   c. What are the estimated revenue and profit for FY24?

   Answers :
   Eko Pujianto – President Director

   a. This will undoubtedly have a significant impact on the broader Indonesian community,
      particularly for businesses, as the 12% VAT will certainly increase the burden on
      customers. In response, SKB Food or the Company has anticipated this by implementing
      innovative and creative strategies. We will adjust our gap accordingly, aiming to mitigate
      any negative impacts. We hope that this government policy will also bring positive
      effects, as it should be viewed from both the perspective of challenges and the need to
      support such initiatives.
   b. The sentiment regarding declining purchasing power is indeed a concern and a
      challenge, especially if there are policies that increase the public's financial burden. This
      will also be a shared challenge for the Company. We acknowledge that a decline in
      purchasing power exists, and in response, we have implemented strategies, including
      expanding our product range. For example, we have supplemented our conventional rice
      products with organic rice and other offerings to broaden our market share, ensuring the
      Company continues to achieve positive outcomes despite government policy changes.
   c. We remain optimistic, and based on our calculations, we expect continued growth in
      performance compared to previous years. Although the growth may not be significant,
      we have projected improvements in both revenue and net profit.


2. Velliq Arsapranata – Pemegang Saham
   Questions :
   What is the revenue target for 2025?

   Answers :
   Aditya Permono – Director of Finance and Business

   Our projected revenue target for 2025 is not set too high, but we will strive for it to exceed
   2024 levels. In 2025, we will focus on optimizing partnerships mentioned in the presentation.
   These partners currently contribute a small portion to our revenue, but we have taken
   strategic steps and developed a new roadmap for 2025. This includes enhancing and
   optimizing both existing and new brands. As franchise optimization increases, it will also
   impact our food supply, with the Company supporting raw materials. We estimate a revenue
   increase of around 10% to 15.5% compared to 2024.

3. Agung – Publik
   Questions:
   Is there a plan for dividend distribution?

    Answers :
    Eko Pujianto – President Director

    Regarding the dividend distribution, we need to explain that SKB Food (RAFI) has already
    distributed dividends for the 2023 fiscal year. For the 2024 fiscal year, we are currently
    calculating with the board of directors to determine if we can distribute dividends again.
    Essentially, when the Company's performance improves, thanks to the support of various
    parties, including shareholders, we certainly want to ensure that the benefits are optimally
    felt by all parties, especially the shareholders who have supported RAFI. So, please pray
    that we can distribute dividends for the 2024 fiscal year, and we hope to be able to do so.

4. Annisa – Bisnis Indonesia
   Questions :
   a. What are SKB Food’s revenue and net profit target for 2025, and what is the expected
      percentage growth?
   b. What are SKB Food’s expansion plans for 2025?
   c. What is the capital expenditure budgeted by SKB Food for 2025? What will it be used
      for, and what are the funding sources?

    Answers :
    Eko Pujianto – President Director
    a. For our target, we have a conservative growth target of around 5-10% in both revenue
       and net profit margin for 2025.
    b. Our strategy for 2025 is optimistic. SKB Food will focus on expanding and increasing
       distribution points to support the Company’s business activities, specifically the food and
       beverage raw material supply chain, starting from Java and then expanding to Sumatra.
       We have planned to add several cold storage warehouses and strengthen our frozen
       distribution chain. This is a potential area that we can maximize to supply fresh food raw
       materials, from upstream to being enjoyed by food services such as restaurants, hotels,
       cafes, SMEs, and other businesses—not only in cities but also in regions throughout
       Indonesia.

    Rizki Rahmat R – Director Risk Management and Compliance
    c. The capital expenditure budgeted for 2025, with the target of increasing sales in 2025,
       will result in a capital expenditure allocation of approximately 5-15%. The funding sources
       will come from net profit and financing sources through banking facilities. Additionally, for
       development, we may build several cold storage units or maximize existing production
       warehouses, such as rice storage in our subsidiary units. Furthermore, for the

       development of restaurant management, we will focus on optimizing our subsidiary, PT
       Lazizaa Rahmat Semesta.

5. Suryawan – Public
   Questions :
   a. How are Mr Velliq and Mrs. Nilamsari?
   b. Is Nava Sari Kreasi a subsidiary of SKB?
   c. What about the plans for the property business segment? What is the progress?

   Answers:
   Eko Pujianto – President Director

   a. Mrs. Nilamsari is doing well, and Mr. Velliq is present here. Previously, Mr. Velliq and
      Mrs. Nilamsari decided to step down from management due to other, larger
      responsibilities.
   b. Nava Sari Kreasi is not a subsidiary of SKB.
   c. SKB currently has no plans to venture into the property business segment. Since we do
      not have such plans, we have explained that SKB, with its various main businesses and
      strategies, is not focusing on property at this stage.

                     ATTENDANCE LIST FOR RAFI 2024 PUBLIC EXPOSE LIVE
No.                     Name                                  Institution
1.     Velliq Arsapranata                  Pemegang Saham
2.     Nur Arief Budiyanto                 Pemegang Saham
3.     Yuni Ayuningsih                     Pemegang Saham
4.     R. Dimas Praditya                   Publik
5.     Kayla Malda                         Publik


      ATTENDANCE LIST FOR 2024 PUBLIC EXPOSE LIVE by Zoom Webinar with 42 Participants

   DOCUMENTATION
PUBLIC EXPOSE LIVE 2024
PT SARI KREASI BOGA TBK