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Page 1
           PT Bank Raya Indonesia, Tbk
            Corporate Presentation 1Q26




This document and information contained hereinafter confidential and proprietary to PT Bank Raya Indonesia Tbk and shall not be published or disclosed to
any third party without the express written consent by an authorized representative of PT Bank Raya Indonesia Tbk
Page 2
Outline
 ●   Overview (Boards of Management and Macroeconomy)
 ●   Transformation Journey
 ●   Corporate Strategy and Value Proposition
 ●   Highlight - 1Q26 Financial Performance
 ●   Business Performance Overview & Strategy
 ●   Others




                                                        2
Page 3
Overview
Page 4
                                               Experienced Board of Management
Board of Commissioner




     Muhamad Sidik                        Johanes Kuntjoro                       Retno Wahyuni                       Farid Rahman*                       Tatang Yuliono*
      Heruwibowo                            Adisardjono                            Wijayanti
 President Commissioner               Independent Commissioner             Independent Commissioner             Independent Commissioner                  Commissioner
  Experience in Banking Audit         Experience in Compliance & GCG           Experience in Corporate             Experience in Banking &            Experience in Tax, Trade and
                                                                              Transformation & Strategy                  Investment                           Economics



Board of Director




 Ida Bagus Ketut Subagia                  Rustarti Suri Pertiwi                 Danar Widyantoro                   Kicky Andrie Davetra                  Lukman Hakim
      President Director                    Director of Finance               Director of Compliance,               Director of Business              Director of Digital and
   Experience in Micro Business         Experience in Finance & Investor           ERM and HR                   Experience in Consumer Business,           Operations
                                                    Relation                 Experience in Digital Risk, Data          Branchless Banking          Experience in Banking IT Strategy,
                                                                                 Management, and IT                 Development & Strategy            Development & Operation


                                                                                                                                                                                        4
 *Effective upon OJK fit and proper test approval
Page 5
                                Economic Resilience Amid Global Uncertainty
                                Indonesia demonstrates strong economic resilience amid global uncertainty, supported by solid growth, easing
                                inflation, and accommodative monetary policy

   Household Consumption and Government Spending Underpin Economic Growth During 1Q26
         GDP Growth (% YoY)                                                Indonesia Export-Import (USD Mn)

                                                                                 Mar ’25                  Mar ’26
                                                                                                                               ● Economic growth accelerated to 5.61%
                                                                                                                                 in 1Q26 from 5.11% in FY25, mainly
                                                                                                                      Ekspor     driven    by      stronger   domestic
                                                                                                                                 consumption and seasonal spending
                                                                                                                                 during Ramadan and Eid festivities.
                                                                                                                                 Supporting sectors included Hospitality
                                                                                                                                 and Food Services, which continued to
                  Main Sectoral Contributors to GDP Growth
         GDP Contributor                                                                                                         record double-digit growth momentum.
                         (Top 5 Sector Contributors)
                                                                                                                               ● Indonesia’s exports in Mar’26 softened
                                                                                                                      Impor
                                                                                                                                 to USD22.5 Bn from USD23.2 Bn last
                                                                                                                                 year. Imports rose to USD19.2 Bn, driven
                                                                                                                                 by higher raw material and capital goods
                                                                                                                                 imports, reflecting resilient domestic
                                                                                                                                 industrial activity.
                                                                                                                               ● Inflation in Apr’26 eased to 2.42%
                                                                                                                                 staying within BI’s target range of 2.5%
                                                                                                                                 ± 1%, reflecting contained price pressures
                                                                                                                                 amid softer global commodity prices and
                                                                                                                                 stable domestic demand. BI held its
                                       FY25        1Q26                                                                          benchmark rate steady at 4.75% during
                                                                                                                                 1Q26, followed by a 50 bps increase to
Foreign Reserves Remain Solid Amid Global Uncertainty                     Stable Inflation Supporting Economic Resilience         5.25% in May ’26, reflecting efforts to
                                                                                                                                 reinforce macroeconomic resilience amid
                                  Foreign Reserve (USD Bn)                                       Inflation & BI-7DDR              external pressures while sustaining
                                                                                                                                 domestic economic expansion.
                                                                                                                               ● Indonesia      FX  reserves   stood    at
                                                                                                                                 USD146.2 Bn in Apr ‘26 (-4.1% YoY),
                                                                                                                                 equivalent to 5.8 months of imports.
                                                                                                                                 Indonesia FX reserves above the 3-month
                                                                                                                                 international     adequacy      standard,
                                                                                                                                 indicating manageable resilience and
                                                                                                                                 policy buffer.




 Source: Central Bureau of Statistic, CEIC, and Tradingeconomics (2026)
                                                                                                                                                                             5
Page 6
Transformation
Journey
Page 7
              Bank Raya Journey as BRI Group’s Digital Attacker

2021     Transformation Started
         In November 2021, BRI Agro transformed
         into Bank Raya, adopting a new vision as                               Exploit Business Synergy Opportunities
         BRI Group’s digital attacker while                                     within Ecosystems and Partnerships
         revamping its portfolio and business                          2024 -   Enhance our value propositions through ongoing
         model.
                                                                        2025    improvement      while   optimizing   business
                                                                                opportunities within BRI Group via various
                                                                                channels in the ecosystems and explore new
                                                                                opportunities through partnerships.



2022       Established the Foundation                                                         Optimize Digital Business
           We executed our revamped business                                                  Opportunities
           model and drove digital innovation                                   2026 -        Exploit   potential  synergies    and
           through the launch of Raya Apps and
           Pinang Dana Talangan, establishing a
                                                                                onwards       explore new business opportunities
           strong digital foundation.                                                         along with innovative digital products
                                                                                              and services.


                Upscale Digital Products
       2023     Development
                Significant improvements and innovations in digital
                products and services were made this year, resulting
                in a strong product proposition, new partnerships,
                and expanded networks in O2O services.


                                                                                                                                  7
Page 8
Corporate Strategy
and Value Proposition
Page 9
       Corporate Strategy Framework
       Expanding digital opportunities through ecosystem synergy and mass market penetration while providing digital
       financial solutions with the broadest O2O access across Indonesia.

                                                                            Mission
                                                                            ●       Optimizing BRI Group synergy and prudent exploration of the
                                                                                    mass market, especially in the micro and small segments.
                                                                            ●       Providing products and services that are relevant to customer
                                                                                    needs (customer centric) end-to-end digital approach.

                             Vision                                         ●       Developing through a Hybrid Network Distribution approach, by
                                                                                    leveraging synergies with the BRI Group offline network and
                A leading digital bank providing digital                            other partners.
               financial solutions with the broadest O2O                     ●       Creating integration between Business & Technology.
                        access across Indonesia
                                                                            ●       Strengthening Governance, Risk and Compliance to establish
                                                                                    Good Corporate Governance.
      Exploit Market Potential                Explore Digital Opportunity

                                                                            Value Proposition


                                                                                        Digital Bank with Strong O2O Networks across Indonesia
  Digital           Digital             Funding &          Value Chain                  With 1.9 million access points across Indonesia, we aim to meet customer needs by
Productive       Consumptive           Transaction          Business            1       offering not only online services but also offline access, ensuring easy and convenient
                                                                                        transactions.

                       Building Brand Value
                                                                                       Continuous Innovations in Providing Comprehensive Cross
                    Hybrid Network Distribution
                                                                                       Segment Digital Products
                                                                                2      Comprehensive digital savings and lending solutions, supported by continuous
       Digital Centric Human Capital Organization Capability                           innovation, designed for seamless transactions across personal and business needs.


                  Resilient Technological Support
                                                                                       Optimize the Role as Digital Attacker through Synergy
        Strong Governance, Risk Management & Compliance
                                                                                       within BRI Group
                                                                                3      Support BRI Group in providing digital products and services to customers, primarily
                                                                                       MSMEs, with smaller, shorter, faster and more accessible options for customers




                                                                                                                                                                                 9
Page 10
                              1     Digital Bank With Strong O2O Networks Across Indonesia
                                    With more than 1.9 million access points across Indonesia, we aim to meet customer needs by offering
                                    not only online services but also offline access, ensuring easy and more convenient transactions.


                       1.9 Mn point of access                                                                                               Cash In - Cash Out (CICO)
                                  across Indonesia                                                                                          Transaction
                                                                                                                                            Cardless transaction through 1.2 Mn BRILink
                                                                                                                                            agents, 25 Bank Raya outlets and
                                                                                                                                            Indomaret across Indonesia
North Sumatera
                                                                            Total of 25 outlets Bank Raya               Networks
• CB Medan
                                                                            ● 23 Community Branch (CB)                                      Payment
                                                                                                            7.377 BRI Offices
                                                                            ● 2 Cash Office                                                  Experience the seamless ease of handling
                                                                                                            ● 454 BRI Branch Offices
 Riau                                                                                                       ● 555 BRI Sub Branch Offices     transactions effortlessly
 • CB Pekanbaru                                                                                             ● 5k BRI Units
 • CB Kasikan                                                                                               ● 490 BRI Cash Offices             Raya Apps Transaction (1Q26)
                                            Palembang
 • CB Ujung Batu                            ● CB Palembang
 • CB Air Molek
 • CB Lubuk Dalam
                                              Lampung
                                              ● CB Lampung                              Makassar
        DKI Jakarta
        • CB Menara Brilian                                                             • CB Makassar
        • CB Warung Jati                                             Bali                                                                                 1.4 Mn
                                                                     • CB Denpasar                                                                     Transaction
                 West Java
                 • CB Bandung
                                         Central Java                East Java
                 • CB Cirebon
                                         • CB Semarang               • CB Sidoarjo
                 • CB Bekasi
                                         • CB Solo                   • CB Surabaya                                       ● 11k ATM
                                         • CB Temanggung             • CB Lamongan                                       ● 9k CRM
                                         • CB Yogyakarta             • CB Malang              1.2 Mn BRILink Agents      ● 618k EDC



                                                                                                                                            Cash Withdrawals
                              Other networks                                                                                                Cardless cash withdrawals through BRI’s
                                                             23k Indomaret Outlets                                                          ATM and 23k Indomaret outlets across
                                                                                                                                            Indonesia

           MSME’s Marketing Channels
           Nearly 50% of MSME’s marketing channels
           are from offline shop. Therefore, cash basis                                                                                     Raya Apps is embedded in BRImo
           transactions are still needed in the market.                                                                                   Allows users to easily access Raya accounts
                                                                                                                                                        through BRImo
                                                                                                                                                                                          10
Page 11
                      2      Comprehensive Cross Segment Digital Products
                             Unlock effortless transactions with our innovative products, perfectly tailored for personal, business and
                             community along with digital loans for consumptive and productive segments


               Digital Saving                                                                                            Digital Loans

                                                                                                                           Productive Loans
                           Saku Personal
Ensure users daily financial transactions are carried                                                         Intraday loans for transaction purpose to
out easily and conveniently                                                                                  banking agents and other agents



                                                                                                             Invoice based financing for retails business

                           Saku Bareng
Offers seamless
 Personal       jointmanagement
          financial    accounts for communities                                                                        Supply chain financing for Micro business



                                                                                                                      Channeling loans

                           Uang Saku
Simple and easy transactions for young customers                                                                            Consumptive Loans
  Personal
through    financial management
        limited-feature with parental monitoring



                                                       Bank Raya addresses all customer needs by             Simplified digital payroll based loans
                                                        offering a wide range of comprehensive
                           Saku Bisnis                  digital products across various segments                    Raya PayLater
Provide financial management tools for personal                                                               A multi-purpose loans embedded in QRIS
business owner and MSME business                                                                             transactions for Raya apps active users

                                                                                                                                                            11
Page 12
                    3       Optimize the Role as Digital Attacker through Synergy
                            within BRI Group
                                                         BRI Group Portfolio
                                                                                                              Micro, small & consumptive
                                                           Management
                                                                                                                 Financing BRI Group

                                       Optimizing synergy within BRI Group ecosystem
                   Mass Market         through strategic collaborations that strengthen
                                       Bank    Raya’s   performance     by   expanding
                                       integrated digital solutions for MSMEs across
                                       products and services.


                                                                                             Available to BRILink,
                                      Corporate / HNWI                                       Pegadaian agents,
                                                                                             and BRI Merchants

Digital Attacker
  BRI Group              Medium          Premium

                                                                                          Other Raya’s Synergy within BRI Group
                          Small          Middle Class
                                                                                          Payroll Consumer Loans        Supply Chain Financing




                                  Mass
                                Pegadaian
                          (Micro and Ultra Micro)                                                                       1.9M point of access to
                                                                                                   x         Networks
                                                                                                                        optimize customer needs
                                                                                                                        for easier transactions




                                                                                                                                                  12
Page 13
Highlight - 1Q26
Financial Performance
Page 14
            Balance Sheet - Overview
            Digital loans and savings have become key drivers of balance sheet position, driving assets growth and low-cost
            funding, supported by ample liquidity and capital.

 Total Asset                                      Loans, Digital Loans and Compositions
 (IDR Tn)                                         (IDR Tn)                                           LDR and RIM



                                                      32%      40%        32%       46%




                                                      7.1       7.7       7.3       6.9




                                                      2.3       3.1       2.4       3.1




 Total Deposits, Digital Savings                  Total Capital (IDR Tn), Tier 1 CAR (%)
 (IDR Tn) and CASA                                and CAR (%)
                                                                                            ●   Total assets declined primarily due to write-off initiatives as
CASA     Digital     Total      TPF Non                                                         part of strategy to improve asset quality and strengthen
Ratio    Savings     Deposits   Digital Savings                                                 balance sheet resilience. Despite this adjustment, digital
                                                                                                loans recorded strong growth of 33.1% YoY to IDR3.1 T,
   28%       34%         28%       36%
                                                                                                increasing their contribution to total loans up to 46% in
               9.5                                   44.29%    40.25%    41.04%    41.80%
                                                                                                1Q26.
                                   8.4
   8.1         2.2       8.4                                                                ●   Total deposits grew 0.9% YoY, supported by growing
                                    2.3                                                         customer base of 1.22 million users. Digital savings
                         1.4
   1.3                                                                                          increased significantly by 63.9% YoY to IDR2.3 T, driven
                                                                                                by continued CASA growth, with CASA ratio improving to
                                                                                                36%, equivalent to IDR3.0 T.
   6.8         7.3       7.0        6.1                                                     ●   Liquidity remained well managed, as reflected by LDR of
                                                                                                81.64% and RIM of 84.60%, supported by a strong capital
                                                                                                position with CAR at 41.80%, providing ample capacity to
                                                                                                support future business growth while maintaining
                                                                                                prudent risk management.
                                                                                                                                                                  14
Page 15
                Digital Loans - Overview
                Digital loan growth was driven by three products contributing nearly 98%, reflecting the amplification of business
                opportunities within the BRI Group ecosystem. Higher yield and manageable asset quality remain the focus to
                ensure sustainable growth.

Digital Loan Disbursement           Digital Loans Outstanding             Digital Loan Composition
(IDR Tn)                            (IDR Tn)




                                                                                                                 ●   Bank       Raya      recorded
                                                                                                                     continued momentum in its
                                                                                                                     digital lending business, with
                                                                                                                     disbursement         reaching
                             YoY                                 Yo
                                                                   Y
                                                                                                                     IDR8.1 T, reflecting a 28.9%
                        9%
                     28.                                   .1%
                                                                                                                     YoY. Correspondingly, digital
                                                        33
                                                                                                                     loans outstanding reached
                                                                                                                     IDR3.14 T or grew by 33.1%
                                                                                                                     YoY.
                                                                                                                 ●   As a result, digital loans
                                                                                                                     composition reached to 46%
                                                                                                                     of its total loans portfolio by
                                                                                                                     1Q26, underpinned` primarily
                                                                                                                     by strong contributions from
Digital Loan Yield                  Digital Loan NPL Gross                Digital Loan Products Composition          Pinang      Dana     Talangan,
                                                                                                                     Pinang Flexi, and Pinang
                                                                                                                     Maksima.
                                                                                                                 ●   Digital   lending    segment
                                                                                                                     continue to serve as a key
                                                                                                                     growth engine, supported by
                                                                                                                     a relatively high yield of
                                                                                                                     22.76% and a manageable
                                                                                                                     NPL Gross of 3.2%, reflecting a
                                                                                                                     balance risk-return profile .`
                                                                                               44
                                                                                                    .9




                                                                                                                                                       15
Page 16
                          Income Statement - Overview
                          Digital loans and savings contributed positively to top-line performance, reflecting stronger growth in digital
                          business. Meanwhile, deterioration in asset quality weighed on the bottom line.




Interest Income (IDR Bn)                NII (IDR Bn)                      OPEX (IDR Bn)              Net Profit (IDR Bn)


                                                                                                                               ● Interest income increased
                                                                                                                                 by 7.5% YoY to IDR308 billion.
                                                                                                                                 Meanwhile,     net   interest
                                                                                                                                 income         demonstrated
                                                                                                                                 stronger growth of 19.9%
                                                                                                                                 YoY reaching IDR196 billion,
                           YoY                                      oY                                                           supported by improved
                    7.5%                                   %Y
                                                       19.9                                                                      asset yields driven by the
                                                                                                                                 high-yield digital lending
                                                                                                                                 portfolio    as    well    as
                                                                                                                                 enhanced             funding
                                                                                                                                 efficiency.
                                                                                                                               ● Net profit in 1Q26 showed
                                                                                                                                 improvement compared to
                                                                                                                                 FY25,       although       still
                                                                                                                                 reflecting       a    recovery
Total Loan Yield                        Cost of Fund                      NIM                        BOPO                        trajectory from the prior year
                                                                                                                                 base. This performance was
                                                                                                                                 supported by higher total
                                                                                                                                 loan yield, which increased
                      s                                                                       ps                                 by 86 bps to 12.63%.
                    bp                                                                    91
                                                                                             b
               86                                             -7
                                                                3
                                                                    bp                                                         ● We managed to lower cost
                                                                      s
                                                                                                                                 of funds by 73 bps to 5.07%,
                                                                                                                                 drove 91 bps improvement
                                                                                                                                 in NIM to 5.78% and
                                                                                                                                 reflecting the Bank’s ability
                                                                                                                                 to optimize asset pricing
                                                                                                                                 and funding structure.



                                                                                                                                                             16
Page 17
Business Performance
Overview & Strategy
Page 18
      Life of Bank Raya’s Customer
      Easy way to manage financial transactions for daily life, social and business in one device

                                                                                      Joel
                                                                 Bicycle workshop owner and coffee shop entrepreneur



                                Personal                                                                                    Business
       Joel’s Saku Personal                       Joel’s Saku                                                          Joel’s Line of Business
       for daily life transactions                Bareng

      Saku Bujet :
              Food
              budget
                                                                                                 Coffee Shop              Bicycle Reparation     Registered as BRILink Agents
                  Cycling
                  budget
                                       Joel as treasurer of cycling
                                       community bank account for bike
                                                                                       Joel’s Saku Bisnis                                         Joel’s Digital Loan
                    Transport          members
                    budget
                                                                                                                                                    Intraday Loan for
       Saku Pintar                                Joel’s Uang                          Payroll                                                      BRILink transaction
       for 2025 Bali trip                                                                                                                           from Pinang Dana
                                                  Saku
                                                                                                                                                    Talangan
       Savings in Saku Jaga
                                                 Joel uses Uang Saku to                Cashier Access
                                                                                                                                                    Bike spare part
                                                 help his child manage                                                                              distributor is
       Monthly Donation                          financial transaction                                                                               funded by Pinang
                                                 independently, in a safe                                                                           Maksima
                                                 and controlled way.                   Qris Acquirer
       Invest through
       BRIFINE                                                                                                                                      Joel’s employee
                                                  Joel’s Raya                                                                                       are funded by
                                                                                       Mass Transfer                                                Pinang Flexi
       Digital Debit                              Paylater
       VISA Card
                                                Joel uses Raya                                                                                      Bike spare part
                                                Paylater for buying                    Same Day Fund                                                procurement is
       QRIS CPM                                 bike’s apparels                                                                                     funded by Pinang
                                                                                       Reconciliation                                               Performa
                                                through e-commerce.




Raya apps makes Joel’s life easier in managing personal financial needs and his own business both simultaneously. From personal budgeting,
 act as treasurer for his bike community, and also managing his business from payment matters up to expanding business from taking loans.
                                                                                                                                                                                18
Page 19
                      Digital Saving: Unlock Effortless Transactions With
                      Innovative Products
                      Perfectly tailored for personal, business and community


                                          Savings                               Loans                                                    Payment                                Investment
            Saku Utama                                                                                                                                         BRIFine DPLK BRI
            Core account for daily banking activities
                                                                 Raya PayLater
                                                                                                            ● Kartu Debit GPN
            (financial transactions, debit card payments &        Features paylater (up to IDR 5 Mn)                                                            Investment and retirement planning
            transfers)                                                                                                                                         features
                                                                                                            ● Virtual Debit Visa
                                                                 Pinang Flexi
            Saku Bujet
            Auto-budgeting                                       Payroll loans for BRI and Bank Raya       ● Online Payment
Personal




            (monthly expenses, food & beverages, bills, and      employees (up to IDR 25 Mn)
                                                                                                                (QRIS CPM, Virtual Account, E-Wallet,
            transportation)
                                                                                                                BPJS Kesehatan, Credit Card, Mobile
            Saku Pintar                                                                                         top-up services, Internet and TV, PLN,
            Automated goal-based savings
                                                                                                                Charity, Multifinance, PDAM)
            Set your target amount and time frame
            Saku Jaga
            Emergency savings solution                        Additional Features
            (competitive yield offering of up to 6%)
                                                                 Rewards, Point and Membership                           Raya Story                                  Financial Menu
            Uang Saku
            Youth savings management (ages 10–16)                Reward points redeemable for gifts                      User cash flow insights, promotions,         Financial analytics
            (Allowance distribution and QRIS transactions)                                                               and monthly earnings summary                across all wallets




            Saku Bareng                                         Total Digital Saving                  Number of Users                  Total Trx Raya apps
Community




            ● Managing community-based
              savings                                           (IDR Tn)                              (Thousands)                      (Thousands)
            ● Collaborative savings and
              payment collection
            ● Transaction monitoring with
              partners                                                                                                                                                                     Pakai
                                                                                                                                                                                           Raya
            Saku Bisnis                                                   oY                              .2%
                                                                                                                Yo
                                                                                                                  Y
                                                                                                                                                 7%
                                                                                                                                                         YoY                               Terus
                                                                        %Y                              20                                    36.
Business




                                                                                                                                                                                           #bankdigitalpilihanmu
                                                                      .9
            Business Account for Raya Partners
                                                                   63
            ● Multiple transfers
            ● Employee payroll payment
            ● Accepts QRIS payment
            ● Business Financial Reporting
                                                                                                                                                                                                         19
Page 20
                   Pinang Dana Talangan : An End-to-End Digital Champion
                   Product Optimizing Synergy within the BRI Group

                                              Acquired BRILink Agents
                                                 and its Potential                                                      &                                 15 minutes
                                                                                                             For                                          loan process
    Supporting BRILink agents and other                           21%
    financial agents in amplifying                                 Potential of                               Continuing our success
    transaction opportunities through                             BRILink Agents                             story, Pinang Dana
    intraday loans that enable faster and                                                                    Talangan has expanded to
    easier access.                                     1.2 Mn                                                provide intraday loans for
                                                       BRILink               4%                              BRI merchants and
                                                       Agents                Acquired                        Pegadaian agents
       k                                                                     BRILink Agents                  recording outstanding
 Brilin ts
      n
 Age ony                                                                                                     loans of Rp2.46 billion and
     im
Test                                                                                                         successfully acquiring 199
                                                                                                             Pegadaian agents.


                                                                                                                                     Net Promoter Score
                                                                                                                                           65.2
        Disbursement                        Outstanding                                       BRILink Agent Acquired
                                                                                                                                           Great
        (IDR Bn)                            (IDR Bn)                                          (Thousand)




                                   oY                                    Y
                                 %Y                                  % Yo
                             33.4                                63.0




                                                                                                                                                                 20
Page 21
                         Pinang Flexi and Pinang Maksima : Strengthen Digital
                         Lending Across Consumer and Productive Financing
                                                                                                                         Pinang Maksima provides retail productive financing
                        is a fully digital, end-to-end consumer lending facility for Bank Raya and BRI                   from >IDR 100 million to IDR 10 billion, supporting
                        payroll customers, while also targeting broader ecosystems.                                      business expansion and operational capacity.



Business Partnerships                                             Outstanding (IDR Bn)                   Product Overview
                                                                                                                                           Outstanding (IDR Bn)
              BRI Group Ecosystem
 Pinang Flexi apps
 embedded in
                                                                                       1.8% YoY
                                                                                                          Productive loans for
 New BRI Group                                                                                            invoice financing
 ecosystems
                                                                                                                                                                       Y
 acquired                                                                                                 Loan Ceiling:                                              Yo
                                                                                                                                                                  6%
                                                                                                                                                               71.
                                                                                                          IDR 100M up to 10B
                                                                                                          Target:
                        Third Parties                                                                     Retail productive segment



                                                                  Disbursement (IDR Bn)
                        Customers Acquired
                        (Thousand)




                                                                                         -16.6
                                                                                              %   YoY
   Net Promoter Score
         68.2
         Great




                                                                                                                                                                           21
Page 22
                       Bank Raya’s Strategy : Ecosystem Exploration and
                       Exploitation to Drive Digital Business Growth
                       The exploitation strategy focuses on optimizing existing products and ecosystems, while the exploration strategy
                       drives business expansion into new markets and ecosystems.




                                                                                     Collaboration with
                                                                                      other partners




                                  Exploration
                                  Eksplorasi :
 2026 -                          Other Agents
                                 Agen Lainnya
onwards
                   Exploitation
               BRI Group ecosystem                                                     Exploration :
                                                          Payroll BRI Group & Raya     Mass Market
                                                           (with wider potential)      Raya Paylater
          BRI Merchants                                                                                                                Exploration new markets
                                                                                                                                      through new partnerships
 2025                                                   Exploitation BRI Group
                                                      ecosystem through BRI and
                                                          Bank Raya Payroll
                                                                                                          Exploitation the existing
                                                                                                                supply chain
                                                                                                                                                          Exploration community
           42K BRILink agent                                                                                                                              through Saku Bareng
               acquired
 2024
                                     Payroll BRI & Raya
                                                                                                                                             Exploration MSME merchants through
                                                                                                                                                Saku Bisnis & QRIS Merchant
                                                                                                   261 clusters acquisitions
                                                                                                   across Indonesia (1Q26)                            Distribution Access :
                                                                                                                                                 O2O Channel : 1.9 Million access
                                                                                        Exploitation the potential of the BRI                (~7.5K BRI and Bank Raya outlets, ~20K
                                                                                                                                              BRI ATM & CRM, 1.2 Mn Agen BRILink,
                                                                                         Group ecosystem through “Saku”
                                                                                                                                                         ~23K Indomaret)              522
                                                                                          and other features in Raya Apps
                                                                                                                                                                                        22
Page 23
 Engaging Marketing Strategies to Boost Customer Loyalty
 and Participation
 Bank Raya employs a multi-faceted approach focused on maximizing rewards and enriching experiences to boost
 customer loyalty and engagement.

Promotion Fest                                                        Loyalty Memberships
                                                                            Loyalty Program Raya
                                                                            The gamification of the banking experience allows
                       Lala Market Fest                                     customers to earn rewards as their balance increasing
                                                                                   Kawan                  Sobat
                       Lala Market Fest offers a dynamic
                                                                                     Free admin                Free admin & transfer,
                       marketplace experience featuring exclusive                                              Cashback QRIS & Top up
                       promotions    and    immersive   customer                                               e-wallet
                       engagement activities, held from 6 March                      Kawan Baik               Bestie
                       2026 to 38 March 2026.                                        Free admin &             Free admin & transfer,
                                                                                     transfer, QRIS           Cashback QRIS, bills, & Top
                                                                                     Cashback                 up e-wallet
                       Sundown Markette Fest
                       Sundown Markette is a Ramadan-themed
                                                                            Raya Points                                    Loyalty Program
                       evening market featuring a diverse range of
                       merchants, attractive promotions, and
                       engaging lifestyle experiences designed to        Reward Points
                       enhance    customer     participation  and        Enhance customers experience by giving reward
                       shopping activity.                                points  for   transactions, referral, upgrade
                                                                         memberships. Every points can be used to
                                                                         redeem the rewards




                                  Periodic Promotions                        Pesta Raya
                                                                                               Lottery Program
                                                                                               Pesta Raya is Bank Raya’s rewards and lottery
                       Exclusive Monthly Promotions                                            program that enables eligible customers to earn
                       Monthly campaigns featuring Raya Poin                                   Raya    Points    through  balance     growth     and
                       redemptions, cashback across multiple                                   transactions on the Raya App. Points can be
                                                                                               redeemed for instant rewards or converted into
                       merchants, and MVP rewards to drive
                                                                                               lottery   entries,   while  supporting      customer
                       engagement and reinforce brand positioning.                             acquisition and retention, deposit growth, CASA

                                                                                                                                                        23
                                                                                               expansion, and increased digital transaction activity.
Page 24
                  Continuous Improvement in Business Enabler
                  Continuous improvements in technology, talent, and risk management to drive sustainable business growth.

Enhance Technology, Information,                                               Ensure Smooth and Responsible Operations
  and Cybersecurity Measures
                                                             Cloud Contact Center                                      Accelerate Operation Automation
                                                             Contact Center utilizes infrastructure,                   Empowering developer to solve their own challenges
     Big Data Technology                                     reducing configuration time to under 1 day                 and add more value to company
     Comprehensive big data to support business
     decision effectively                                    Robotic Processing Automation                             IT for Customer Securities
                                                             Enhance business processes to boost                       Enhance customer security by implementing ISO 27001
     Single Core Banking - RayaNet                           productivity through the use of automation                for an Information Security Management System (ISMS)
     Strengthens the bank’s independence, agility, and
     long-term strategic advantage.
                                                            Collection Voice Bot                                     Sapa RAYA
                                                            A streamlined collection method that uses a
     Cloud Infrastructure                                                                                            Enhance customer satisfaction by responding to requests
                                                            voice bot to enhance productivity
     Gives business more flexibility without heavy
                                                                                                                     in under 2 minutes and resolving cases within 1 day
     investment in physical infrastructure                  Good Governance in Operations
                                                            Implemented ISO 9001 (QMS & AML), ISO 20000-1 (IT Service Management), ISO 37001 (Anti-Bribery), and ISO/IEC
    Enhancement of IT Governance                            27001:2013 (Information Security).
    Effective governance through comprehensive
    assessments of IT maturity, cybersecurity risk, and
    SOE security profiles
                                                          Enhance Talents’ Capabilities                      Sustainable Risk Management Improvement
     IT Policy
     Comprehensive policy for strong IT management          Updating IT Knowledge & Skills                            Machine Learning for Credit Scoring
                                                            Enhancing and updating technological                      Enhance credit risk scoring using machine learning for a
    Personal Data Protection                                knowledge through regular IT e-learning                   smoother loan process
    Implement robust data protection measures to
    ensure the security of customer information
                                                                                                                      Fraud Detection System
                                                            Strong Digital Talents                                    Early Warning System using machine learning & statistics
                                                            Periodic training to improve digital
    Cybersecurity                                                                                                     Limit Monitoring
                                                            capabilities
    Ensure customers security by implementing
                                                                                                                      Effective monitoring through automation to ensure
    comprehensive cybersecurity measures
                                                            Risk and Compliance Culture                               accurate customer risk profiling
    Agile Tech-Business Team                                Strengthening risk, compliance of procedure               Integrated Risk Management
    Remote collaboration between tech and business,         and policy awareness                                      Implementation of iCOFR, Risk Library and Data Privacy
    ie: RayaWorkSpace, RayaTech
                                                                                                                      Protection
                                                                                                                                                                                 24
Page 25
Others
Page 26
                                          Environment, Social, and Governance (ESG)
                                          Continuously building a sustainable business, especially in digital, while creating positive impacts on Environment,
                                          Social, and Governance.



                                                                 Across ESG pillars, 11 initiative groupings comprising 33 programs were implemented



                Green Banking                                                                             Human Capital                                                   Product Governance
                                                                                                                                                                          ● Pinang Dana Talangan expanded through
                Achieving sustainable growth through Green                                                 ● Achieved all key certifications (BSMR, SPPUR,
                                                                                                                                                                            partners.
                                                                                                             Audit, and General Banking).
                Portfolio in FY25 :
                                                                                                                                                                          ● Pinang Performa Merchant Financing in limited
                                                                                                           ● Internal education (e-learning ESG, sharing                    pilot.
                                                                                                             knowledge, and others.
                                                                                                                                                                          ● QRIS acquiring via Raya Open API at final stage.


              ● Digital lending reached IDR 3.20 Tn                          Total MSME loans
              ● Digital savings at IDR 2.30 Tn.                                (outstanding)
                                                                                                          Human Right                                                     Corporate Governance
              ● Owning IDR 103 Bn in Green Bonds                                IDR 3.20 Tn
                                                      Sustainable land use                                                                                                ● RMI increased by 0.02 to 3.76 (prior: 3.74 last
Environment




                                                                                                          Female employees make up 42.55% of the




                                                                                                                                                             Governance
                                                         and resources                                                                                                      year).
                                                           IDR 1.59 Tn                                    workforce.
                                                                                                                                                                          ● Bank Raya’s CGPI is steady at 85.05




                                                                                                Social
                                    Addressing Scope
                                                                                                         Financial Inclusion                                              Business Ethics
                                    Greenhouse Gas
                                                                                                         ● CSAT (Customer Satisfaction Score) scored 4.66,                ● ISO 37001 will be implemented in 2H26.
                                    Carbon emissions were reported on
                                                                                                           exceeding the 4.20 target.                                     ● ISO 9001 will be implemented in 2H26.
                                    Sustainability Report and Responsible
                                    Lending / Financing Disclosure                                       ● Inspiraya program promoted public literacy 9
                                                                                                           times (1Q26). Inspiraya was held three times in
                                                                                                           Mar ‘26.
                                                                                                                                                                          Information System &
                                                                                                                                                                          Cybersecurity
                                                                                                                                                                          ● Security scorecard reached 92, exceeding the
                                        Operational Efficiency                                                                                                               target of 91.
                                         ● Energy usage decreased by 3.12% YoY.                               Corporate Social Responsibility                             ● Ketahanan dan Keamanan Siber (KKS)
                                         ● Paper consumption decreased by                                     Mangrove planting achieved 100% success,                      guidelines were issued in Feb ‘26.
                                           0.30% YoY.                                                         carbon uptake expected in May ‘26.
                                                                                                                                                                          ● PII dashboards migrated to Superset, Rayasim
                                                                                                                                                                            dashboards fully accessible.




                                                                                                                                                                                                                              26
Page 27
Awards
Bank Raya has earned significant recognition across various categories, receiving multiple prestigious awards




                    Best Stock Awards 2025       Top 100 Digital Banks 2025      Indonesia Digital Innovation       The 2nd Best Digital Bank 2025
                         Investor Trust                 The Banker                      Awards 2025                           Infobank
                          February ’25                   March ’25                    Warta Ekonomi                          March ’25
                                                                                         March ’25




                7th Anniversary Indonesia Best     BUMN Entrepreneur          The Best Investor Trust Awards 2025      Digital Innovation Awards 2025
                      CSR Awards 2025             Marketing Award 2025                   Investor Trust                             iNews
                        The Iconomics                  Markplus                             May’25                                 May ’25
                           May ’25                       May ’25


                                                                                                                                                        27
Page 28
    Awards
    Bank Raya has earned significant recognition across various categories, receiving multiple prestigious awards




   The 2nd Best Digital Bank In      SPEx2 Awards 2025       Solopos Best Brand and Innovation    Investortrust BUMN Awards
Excellence Mobile Opening Account         Kontan                       Awards 2025                           2025
            Infobank                     June ’25                         Solopos                        Investor Trust
             June ’25                                                     July ’25                          July ’25




                  IICD Awards 2025               Kata Data Green Safe Award                  Corporate Secretary Awards
                         IICD                            Kata Data                                      SWA
                    September ’25                      September ’25                               September ’25




                                                                                                                              28
Page 29
Awards
Bank Raya has earned significant recognition across various categories, receiving multiple prestigious awards




         Indonesia Best CX-EX                     IDX Channel Anugerah                    Anugerah Inspiratif         Investor Daily ESG Appreciation
            Strategy 2025                         Inovasi Indonesia 2025                  Liputan6.com 2025                    Investor Daily
                 SWA                                   IDX Channel                             Liputan6                        November ’25
             October ’25                                October ’25                           October ’25




                        Indonesia Good Corporate Governance           Grab Ads Trailblazer Awards               Disway Awards 2025
                                    Award 2025                                   Grab                                Disway
                                        SWA                                 November ’25                           December ’25
                                   November ’25



                                                                                                                                                        29
Page 30
Awards
Bank Raya has earned significant recognition across various categories, receiving multiple prestigious awards




                                                                     Most Trusted Financial
                            Indonesia Popular Digital
                                                                      Brands Awards 2026
                              Product Awards 2026
                                                                         Investor Trust
                                   Iconomics
                                                                           March ’25
                                  February ’26




                                                                                                               30
Page 31
              Thank You

             PT Bank Raya Indonesia Tbk is licensed and supervised by Financial Services Authority and
             is a participant of Deposit Insurance Corporation



             PT Bank Raya Indonesia, Tbk
             Menara BRILian
             Jl Jend. Gatot Subroto No. 177A
             South Jakarta 12870
             Phone. (021) 5093.1300 Fax. (021) 5093.1494
             investor.relation@bankraya.co.id

This document and information contained hereinafter confidential and proprietary to PT Bank Raya Indonesia Tbk and shall not be published or disclosed to
any third party without the express written consent by an authorized representative of PT Bank Raya Indonesia Tbk

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Names mentioned 21 people and organisations named in the text · linked when the evidence is strong

linked org Bank Raya Indonesia Tbk p.1 ×10
linked person Muhamad Sidik p.4
linked person Johanes Kuntjoro p.4
linked person Retno Wahyuni p.4
linked person Farid Rahman p.4
linked person Tatang Yuliono p.4
linked person Ida Bagus Ketut Subagia p.4
linked person Rustarti Suri Pertiwi p.4
linked person Danar Widyantoro p.4
linked person Kicky Andrie Davetra p.4
linked person Lukman Hakim p.4
possible person Gatot Subroto p.31
unresolved org Bank Raya Journey p.7
unresolved org Bank Raya’s Customer Easy p.18
unresolved org Bank Raya’s Strategy p.22
unresolved org Bank Raya Payroll Exploitation p.22
unresolved org Bank Raya’s p.23
unresolved org Bank Raya’s CGPI p.26
unresolved org Bank In p.28
unresolved org Financial Services Authority p.31
unresolved org Deposit Insurance Corporation p.31

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