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Page 1
PT SEPEDA BERSAMA
INDONESIA TBK
Page 2
Agenda


                                   2                            14
01 Company at Brief                    03 Financial Structure

     Business Model and Strategy   6                            18
02                                     04

                                                                 1
Page 3
Company at Brief
Page 4
Shareholding Structure



Andrew Mulyadi               Henry Mulyadi                 Public


         37.5%                       37.5%                     25%




                 PT Sepeda Bersama Indonesia TBK (“SBI”)

                                                                     3
Page 5
   Company’s Major Milestone

The company was founded
                                Working together with 319   Become a publicly traded
 on October 2017 with the
                                 dealers spread across          company in IDX
name PT. Sepeda Bersama
                                       Indonesia
        Indonesia




          2017                   2021                        2022                                2024


                            Became sole agentfor                                           Became Main
                            Genio, largest agent for                                   Distributor for United
                                     United                                                   E-motor

                                                                                                                4
Page 6
Management Team



         Board of
       Commissioners
                       Henry Mulyadi            MuhTito
                                                    NurLoho
                                                        Rahmad
                       President Commissioner   Independent
                                                  IndependantCommissioner
                                                              Commissioner




         Board of
         Directors
                       Andrew Mulyadi           Winston Mulyadi
                                                         Director
                                                                             5
                          President Director
Page 7
Business Model
and Strategy
Page 8
Business Model

                                                                Deliver product




                        Order products
                         from factory                               Order
     Factory                                                                          Dealer


                                  Check for                  Available product gets
                                  availability               delivered to company
          Manufactured products
             delivered to WH
                                                 Warehouse


                                                                                               7
Page 9
SBI at a Glance
SBI is one of the market leaders in the Indonesian bicycle and electric motorcycle industry.

                                                                                  In dealing with Indonesia’s various landscapes, social, and
                                                                                      economical demography, SBI is fully equipped with


                                                                                               as the agent of several brands, such as




             620                                          Spread across

                                                              > 28
            Stores                                    province in Indonesia




                           United Bike is one of the market leader for consumer
          #2               bike in Indonesia                                      25%       of bike user in Indonesia uses United Bike in 2020



 Source: Jakpat. (2020).
                                                                                                                                                 8
Page 10
     How SBI can benefit from industry trends




                                 Global trend in E-bikes and E-moped
                           With global trends shifting to be environmentally conscious, E-bikes and E-scooters have been the fastest growing bicycle
                          sector, with consumers using this for everyday use, such as going to work or visiting shops and markets. With greater focus
                           to e-mobility bicycles and scooters, SBI is closely following global trends. With new products such as United Salvador and
                                                      Genio Orby, SBI is in a great position to capitalize on this market trend.


Source: Zippia. (2022).
                                                                                                                                                        10
Page 11
     SBI is the main distributor for United E-Motor




                          PT Sepeda Bersama Indonesia Tbk has become the main distributor for United E-motor. This partnership allows us
                            to expand the reach for United E-motor cutting-edge electric motorcycles while supporting our shared vision for
                          sustainable and innovative transportation. Together, we are committed to delivering top-tier products and service as
                                                                 we drive the future of electric mobility.




Source: Zippia. (2022).
                                                                                                                                                 11
Page 12
Key Strategies

● To offer a wide range of products and prices, competitive and supported by integrated services from a
  professional team
● To build and maintain relationships with dealers and customers to maintain current market share and
  gain new market share
● To improve product quality by conducting quality control of each product sold. As well as trying to find
  out customer satisfaction through feedback on service to customers
● To understand what is needed and sought by its target market by always understanding the market
  condition
● To continue the expansion of its outlet network in various regions in Indonesia
● To optimize store profitability through store repairs and market segmentation
● To provide competitive price and promotion
● To increase consumer engagement and maintain brand loyalty through CRM


                                                                                                             12
Page 13
Financial Structure
Page 14
REVENUE AND PROFIT
                                REVENUE




                                            430,280




                                                        290,628
                     225,820
         178,524




         2021        2022                   2023      2024 Q3




                               NET PROFIT
         24,678




                     21,166




                                            19,206




                                                        4,744
         2021        2022                   2023      2024 Q3




                                                                  14
Page 15
Statement of Financial Position
                                 CONSOLIDATED FINANCIAL POSITION (IDR MILLION)




                                                                                                                   317,346
                                                              ASSET     LIABILITY   EQUITY




                                                                                     257,215




                                                                                                                               196,559
                                           148,576
         135,768




                                                                                                         128,721
                                                                                               128,494




                                                                                                                                         120,787
                                                              120,104
                   81,591

                            54,176




                                                     28,472




                   2021                              2022                                      2023                          2024 Q3




                                                                                                                                                   15
Page 16
Profitability Performance

                                 MARGINS                                                     ROE AND ROA
                          GROSS PROFIT   NET PROFIT                                                            ROE   ROA
 23%




                                                                         46%
                    15%
              14%




                                           10%




                                                                                      18%




                                                                                            18%




                                                                                                                           15%
                                 9%




                                                                                                         14%
                                                             8%




                                                                                                                                        7%
                                                        4%




                                                                                                                                             4%

                                                                                                                                                    2%
                                                                    2%
                                                                               2021               2022                           2023         2024 Q3

       2021               2022                   2023         2024 Q3




                                                                                                                                                         16
Page 17
                                                        Thank You



DISCLAIMER This material especially made for the benefit and external use where the contents of this material is not allowed to be communicated to other
parties. This material be incomplete without reference to and should always be viewed in conjunction with a verbal explanation of PT Sepeda Bersama
Indonesia Tbk. Neither this material nor its contents are allowed to be used for other purposes without permission of PT Sepeda Bersama Indonesia Tbk

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