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Page 1
1H26 FINANCIAL UPDATE PRESENTATION PT. Bank Rakyat Indonesia (PERSERO) Tbk.
Page 2
MACRO OUTLOOK &
STRATEGY UPDATE
2
Page 3
Resilient Domestic Demand and Contained Inflation Keep Indonesia's Growth Above 5%,
With Government Programs Providing an Emerging Support
Growth has held above 5%, anchored by resilient household consumption.. ..with 2Q26 consumption broadened as lower-middle income spending recovers..
YoY GDP growth (in %) YoY consumption growth (in %)
6 .8 6
5.61
5.39
5 .8
6.45
5 .8
5.29
7 .0 0 7 .0 0 8 .0 0
4 .8
3 .8
5 .6
5.03 5.04 5.02
6 .0 0
4.18 4.25
6 .0 0
7 .0 0
5.71
2 .8 5 .4
5.01 5 .0 0 5 .0 0
3.52
6 .0 0
2.93
1 .8
-2.17
5 .2 5 .0 0
0 .8 4 .0 0 4 .0 0
5 4 .0 0
-0 .2
3 .0 0 3 .0 0
-1 .2 3 .0 0
4 .8
2 .0 0 2 .0 0
-2 .2
2 .0 0
1 .0 0 1 .0 0
1 .0 0
3.7% 3.2% 3.7% 4.2% 4.0% 1.7% 0.9% -0.9%
1 0 %
- - -
1H25 1H26 1H25 1H26 1H25 1H26
9 0
%
8 0
%
31.9% 31.9% 31.5% 31.1% 31.0% 30.0% 28.3% 29.4%
7 0
%
Food & Beverage Clothing Transportation &
6 0
%
8.2% 8.2% 7.4% 7.3% 7.4% 10.0% 6.7% 7.6% Communication
5 0
%
4 0
%
7 .0 0
5.10
7 .0 0
5.27
8 .0 0
6.77 6.47
55.1% 54.2% 54.0% 54.0% 54.0% 53.6% 54.4% 53.3% 4.32 4.16
7 .0 0
6 .0 0 6 .0 0
3 0
%
6 .0 0
5 .0 0 5 .0 0
2 0
%
5 .0 0
4 .0 0 4 .0 0
4 .0 0
1 0
%
3 .0 0 3 .0 0
3 .0 0
0 % 2 .0 0 2 .0 0
2 .0 0
2020 2021 2022 2023 2024 2025 1Q26 1H26
1 .0 0 1 .0 0
1 .0 0
- - -
1H25 1H26 1H25 1H26 1H25 1H26
Others Net Export Investment Gov’t Spending Household Cons. Furnishing Health & Education Restaurant & Hotel
.. inflation is contained within BI target, while Rupiah has begun to stabilize.. ..MSME business activity moderated, reflecting typical seasonal normalization
Brent Oil USD/IDR Headline Inflation (%) BI Rate
Wh olesale Business Activity Index MA (4) MS ME Business Activity Index MA (4)
18,188
1 9
, 0 0
6 .5
7 .0
0
14.1 14.5
6.00 6.00 11.9
1 4
3 .0
11.3
1 8
.0
9.5 10.4
1 8
, 0 0
122.8 5.75
1 2
6 .0
6 .0
3 .0
16,680 18,022
1 7
, 0 0
8 .0
5 .0
15,399
5 .5
0
5.51 5.75
5.8 5.6
11 6
,0
3 0.0 0
77.8 16,132 90.1 4.4 3.1 2.8
4 .0
2.92
-2 .0
5 .0
1 5
, 0 0
14,263 77.0 -1.3
14,050 74.6
8 3
.0
3 .0
15,573 -12.8
4 .5
0
4.75 2.88
85.9 2.81
1 4
, 0 0 -1 2
. 0
51.8 62 3
.0.0
60.9
1.68 1.87 1.57
4 .0
1 3
, 0 0
1 .0
4 3
.0 -2 2
. 0
3.75 3 .5
0
3.50
0 .0
2 3
.0
-3 2
. 0
-24.5
3 .0
-1 .0 0
3 .0
2020 2021 2022 2023 2024 2025 1H26
2020 2021 2022 2023 2024 2025 Jul-26
typically consumed by the lower-income segment 3
Data source: Bloomberg Terminal, BPS, OCE BRI
Page 4
The Coordinated Fiscal and Monetary Policies Designed to Preserve Stability
While Sustaining Economic Growth
Government Bank Indonesia
Protects purchasing power & sustains growth Preserves stability & support liquidity
Global Uncertainty
Targeted fiscal support Maintained BI rate
Protect purchasing power through stable subsidized Leverage broader policy toolkits to manage
Trade & Geopolitics fuel prices and targeted social programs, while Rupiah stability beyond BI rate.
External demand & supply- maintaining fiscal deficit below 3% of GDP.
chain uncertainty
Accelerate priority spending Optimized SRBI yield
Global Rates Reallocate resources toward priority programs Attract foreign inflows and support Rupiah stability,
and higher-impact spending. while limiting SRBI distribution to maintain
Funding costs & capital flow
domestic deposit liquidity.
volatility
B50 and Downstreaming FX policy adjustments
Commodity Moves B50 implementation supports CPO absorption Broaden hedging swap incentives to foreign
Terms-of-trade and inflation and energy self-sufficiency, while borrowings and FDI.
pressures downstreaming drives domestic investment.
FX and Markets Attract global capital Higher Incentives for Reserve Requirement
Establish a PFII (Indonesia International Support banking-system liquidity and accelerate
IDR and financial market
Financial Center) to support investment and loan growth.
volatility
strengthen Indonesia’s financial ecosystem.
Macro 2026 GDP 2026 Inflation 2026 Deficit 2027 GDP 2026 Inflation 2026 Deficit
Outlook 5.6-6.0% 2.4-2.9% 2.85% 5.8-6.5% 1.5-3.5% 2.40%
4
Page 5
BRI Outgrows the Industry on Loans While Defending Structurally Higher
Margins and Profitability
Industry BRI (Consolidated)
Loan YoY Growth Deposit YoY Growth CASA YoY Growth LDR
14.9% 13.8% 13.6% 21.5%
16.2%
12.2% 18.5% 91.4% 90.8%
13.7% 10.2% 88.5% 88.9%
14.7% 87.2%
12.3% 13.5%
11.0% 84.2%
11.4%
11.2% 88.6%
10.4% 4.5% 5.1% 78.8% 88.3%
12.7% 9.4% 13.2% 85.4% 84.6%
9.0% 12.8% 3.3% 12.7% 10.1%
5.2% 10.4% 9.6% 9.5% 3.7% 6.7% 7.4% 83.8%
7.4% 78.8%
9.2% 3.9% 5.1% 77.1%
7.0%
0.2%
1.6%
0.5%
2.2%
2021 2022 2023 2024 2025 1Q26 1H26 2021 2022 2023 2024 2025 1Q26 1H26 2021 2022 2023 2024 2025 1Q26 1H26 2021 2022 2023 2024 2025 1Q26 1H26
NIM LAR ROA CAR
7.9% 8.0% 7.9% 7.8% 7.9% 7.7% 3.3%
3 .5
%
23.3%
2 9
.0 %
7.5% 3.0% 3.0% 27.7%
2 8
.0 %
26.7%
16.5% 3 .0
%
2.7% 2.8% 2.7% 25.7%
25.9%
2 7
.0 %
25.7%
2 6
.0 %
27.3% 25.1%
12.5% 1.9% 2.8%
19.5%
2 .5
%
2.7% 2.5% 2 5
.0 %
26.6% 23.7%
10.7% 2.5% 2.5% 25.5%
9.6% 9.7% 9.1%
4.5% 4.7% 4.8% 4.6% 4.6% 4.4% 4.3% 14.1% 2.5% 24.6%
2 4
.0 %
2 .0
%
10.9%
2 3
.0 %
1.9% 23.5%
9.3% 8.8% 8.9% 8.5% 1 .5
%
2 2
.0 %
22.9%
2 1
.0 %
21.5%
1 .0
% 2 0
. %
2021 2022 2023 2024 2025 1Q26 1H26 2021 2022 2023 2024 2025 1Q26 1H26 2021 2022 2023 2024 2025 1Q26 1H26 2021 2022 2023 2024 2025 1Q26 1H26
Data source: SPI OJK and media releases 5
Page 6
Continuing Execution of Strategic Transformation Across Funding, Core Engine,
and New Growth Areas
Shift to healthier and sustainable growth
Transform the Funding Franchise Revamp Existing Core, Build New Core
Strengthen Low-Cost Improve Transaction Revamping Micro Accelerating New
Funding Banking Capability Business Core
• Accelerate merchant primary • Retail: Grow EDC and QRIS • Improve underwriting and • Expand Consumer
account acquisition via digital via clusters and enhance collections standards to lift acquisition through payrolls
onboarding BRImo. portfolio quality. and ecosystems, enabled
by loan factory.
• Deepen priority clusters • SME & Wholesale: Build • Drive loan officer productivity • Build Corporate and
through CASA while growing One BRI Solution across through better screening and Commercial value chains
low-cost funding and transaction banking and streamlined processes. and grow the gold business
customer stickiness. supply chain. across BRI networks.
Risk Rebranding
Human Capital IT & Digital Distribution Operations
Build world- Embed risk Refresh brand
Build workforce and Improve IT capacity Align branches and Centralize retail credit
class talent pipelines aligned
accountability and and embed data and AI agents with market and processing and
propositions as one
enable earlier portfolio bank serving all
foundations to strategic priorities
interventions
into business decisions ecosystem potential streamline operations
segments
6
Page 7
Executing Across The Key Strategic Initiatives to Build a Stronger and More
Resilient Franchise
Projects Done Ongoing Initiatives
Strengthen Low-Cost Funding & Improve Transaction Banking Capability Revamping Micro Business
Accelerate merchant primary account Sales Volume/Merchant: Micro Growth: Micro CoC: Improve front-end controls through mandatory
acquisition through digital onboarding within Rp 405.8mn (+178bps YoY) 0.68% 4.6% 3.8% on-site visits, granular pre-screening, and
~10 minutes. QoQ (-65bps YoY) Risk Acceptance Criteria.
Deepen priority clusters through CASA, Nominal CASA: CoF:
payments, and cross-sell, growing low-cost 2.4%
Rp1,608tn
funding and customer stickiness. (-69bps YoY) NPL Formation: Net DG to SML: Implement Stop-and-Go mechanism, Risk
(+10.1% YoY)
BRImo’s FBI:
5.9% 4.5% -Rp3.8tn Threshold Trigger-and-Act, and LOS-based
Grow EDC and QRIS through cluster BRILink’s FBI:
(-145bps YoY) (-177.9% YoY) pre-screening to improve credit decisions.
acquisition and BRImo enhancements. Rp2.0tn Rp915.7bn
(+17.8% YoY) (+15.3% YoY)
Leverage Priority Banking and Board-level Funding Micro Micro Collection: Deploy 3,800 Field Collection staff to
Affluent ( >Rp 5Bn) Savings:
relationships to deepen Corporate and
Franchise
Rp 2.1tn accelerate recovery and develop collection
Commercial clients’ ecosystem Rp 70.5tn (+90% YoY) (+40.3% YoY)
scoring to improve effectiveness.
Accelerating New Core Driving Tactical Growth
Payroll Savings Account: Consumer
Acquire high-quality Corporate & & Corporate
Commercial: Commercial: E2E ecosystem financing covers
Commercial payroll customers through Rp82.9tn Gold & 171 private-sector value chains
group synergies. Loan ecosystem Ecosystem’s Deposit
(+10.3% YoY) Business Commercial under EPA and CPA frameworks.
Rp72.2tn Rp30.0tn
Target prime auto-loan customers and tier-1 Auto Loan: Mortgage: (+58.1% YoY) (+127.2% YoY)
mortgage developers. Rp1.3tn Rp69.9tn
(+404.3% YoY) (+12.0% YoY)
Corporate: Corporate: Drive One BRI Solution across
Deepen regional Wealth Management FUM: Fee from Investment:
segments through transaction banking,
Current Account
through tailored privileges. Rp235tn Rp136bn
Qlola Transaction
payroll, and CASA.
(+3.2% YoY) (+49.5% YoY) Rp449.6tn Rp558.4tn
(+8.5% YoY) (+59.5% YoY)
Expand E2E gold bullion services through Net Gold Sales1: Pawn & Gold Installment:
partnerships, CRM-led sales, and B2B Rp2.1tn Rp145tn
corporate growth. (+145% YoY) (+62.3% YoY)
*Data is presented in Bank Only
1 Revenue from gold sold - net
7
Page 8
Retail CASA Continues to Gain Traction, With Overall Movement Reflecting
Seasonality
Deposit Growth (Consolidated) (Rp Tn) Deposit Products Wholesale vs Non-Wholesale* (Rp Tn)
Total Deposit: 6.7% YoY Growth YoY Total Deposits 1H26: Rp1,574.6 Tn Growth YoY
CASA: 10.1% YoY
CASA Non-Wholesale : 13.4% YoY Non-wholesale
CASA Wholesale : 3.1% YoY
1 ,8
0 0
. 0
Demand Deposit Sav ings Time Deposit
934.5 966.8 4.9%
1,580.7 892.5 921.5
838.2 862.9
770.4
1 ,6
0 0
. 0
1,482.1 226.0 -15.8%
9 0 .0
1,466.8
9 0
. %
232.7 268.3
249.0
8 0 .0
223.5 245.9
198.1
7 0 .0
1,358.3 1,365.5 6 0 .0
1,307.9
1 ,4
0 0
. 0
5 0 .0
512.0 0.2% 584.9 616.4 11.2%
522.5 527.7 542.5 554.4
4 0 .0
8 0
. %
YoY 496.2
431.1
3 0 .0
1 ,2
0 0
. 0
1,138.7 511.2 2 0 .0
446.5 116.9 124.5 26.0%
1 0 .0
484.3 76.2 92.2 89.4 101.0 98.8
435.5
-
70.6% 7 0
. %
2021 2022 2023 2024 2025 1H25 1H26
67.3% 67.6%
1 ,0 0
. 0
420.5 66.7%
65.5%
64.3%
63.1%
8 0 .0
11.3% Wholesale
619.1
6 0
. %
587.6
556.5 YoY Demand Deposit Time Deposit
544.4
6 0 .0
522.6 527.9
5 0
. %
7 0 .0
607.8 9.6%
497.7 525.6 554.5
491.1
6 0 .0
464.0 467.9
18.3%
4 0 .0
281.3
5 0 .0
359.0 192.3 237.7
233.7 192.9
4 0 .0
4 0
. % 206.7
448.2 414.5 449.6 8.5% 3 0 .0
2 0 .0
349.8 346.1 374.6 215.8
YoY 2 0 .0
3.1%
220.6 275.0 333.3 316.8 326.4
257.3 257.4
143.2
1 0 .0
-
- 3 0
. %
2021 2022 2023 2024 2025 1H25 1H26 2021 2022 2023 2024 2025 1H25 1H26
Demand Deposit Savings Time Deposit CASA
*Data is presented in Bank Only 8
Page 9
Selective Corporate and Commercial Expansion Strengthened Value Chain Relationships
While Micro Remained the Core
Loan Outstanding – by business segment (Rp Tn) Composition – by business segment (%)
1, 800. 0 1, 800. 0
1,645.5
1,521.5
1 0 .0
%
1, 600. 0 1, 600. 0
1,416.6 16.1% 15.3% 15.6%
1,354.6 18.0% 19.7%
22.5%
9 0
. %
410.1 24.9%
2.4%
1, 400. 0 1, 400. 0
1,266.4 342.5 2.7% 2.9%
8 0
. %
2.9% 3.2%
278.8
1,139.1 244.3 15.3% 14.7% 4.0%
1, 200. 0
197.7
72.2 1, 200. 0
17.4% 14.5% 4.4%
1,042.9 61.1
45.7
7 0
. %
14.4%
39.1 13.5%
173.8 36.3 212.2 12.9%
206.1 203.8
196.0 14.7% 15.0%
1, 000. 0 1, 000. 0
168.3
6 0
. %
27.8 186.2 14.4% 15.4% 15.4%
27.8 174.0 236.9 15.0% 14.4%
228.8
5 0
. %
217.5
800. 0 800. 0
181.6 190.0 209.1
167.6 4 0
. %
600. 0
150.4 600. 0
3 0
. %
49.4% 52.3% 51.8% 49.2%
400. 0
714.1
400. 0
44.9% 47.4% 43.4%
656.2 666.2 683.0 670.9
595.9
2 0
. %
514.8
200. 0 200. 0
1 0
. %
- - 0 .0
%
2021 2022 2023 2024 2025 1H25 1H26 2021 2022 2023 2024 2025 1H25 1H26
Micro Consumer SME Commercial Corporate Total
YoY Growth ( % ) 6.4 8.9 4.1 58.1 47.1 16.2
(Rp Tn) 43.2 19.5 8.4 26.6 131.3 228.9
Recently, Bank Raya shifted portion of its Small Segment loans to Micro Segment amounting to Rp1 tn. Additionally, since Jan 2026, We have reclassified KUR Small into Micro
Segment. All figures from 2021 have been adjusted to reflect this re-segmentation.
9
Page 10
Portfolio Growth and Higher NII Translated Into 12.8% YoY PPOP Growth and 17.5%
YoY Net Profit Growth
Asset (Rp Tn) Deposit (Rp Tn) Loan & Financing (Rp Tn)
+11.7% +6.7% +16.2%
2,352 1,581 1,646
2,135 2,106 1,467 1,482 1,521
1,965 1,992 1,358 1,365 1,355 1,417
1,866 1,308 1,266
1,139
2022 2023 2024 2025 1H25 1H26 2022 2023 2024 2025 1H25 1H26 2022 2023 2024 2025 1H25 1H26
Net Interest Income (Rp Tn) PPOP (Rp Tn) Net Profit (Rp Tn)
+9.9% +12.8% +17.5%
150.5 116.4 119.4 60.4 60.3
142.7 57.1
135.2 106.5
124.6 51.4
91.3
80.5 65.7
73.3 58.3 31.2
26.5
2022 2023 2024 2025 1H25 1H26 2022 2023 2024 2025 1H25 1H26 2022 2023 2024 2025 1H25 1H26
Consolidated Number 10
Page 11
Limited NIM Pressure Was Offset by Lower CoF and Improving Asset Quality,
Supporting Higher ROA and ROE
NIM CoF* CoC
-5bps -0.7% -0.3%
8 .2
%
8.0%
7.9% 7.9% 7.8% 7.9% 3.4%
3.2%
8 .0
%
3.0% 3.2% 3.3%
7.8% 7.7% 2.9% 3.1%
7.7% 2.5%
7 .8
%
2.4% 2.5% 2.4%
7 .6
%
1.5%
7 .4
%
7 .2
%
7 .0
%
2022 2023 2024 2025 1Q25 1Q26 1H25 1H26 2022 2023 2024 2025 1H25 1H26 2022 2023 2024 2025 1H25 1H26
LAR ROA ROE
-1.7% +0.2% +2.2%
16.5%
3.3% 19.8%
18.9%
2 1
.0 %
3.0% 3.0% 18.8%
12.5% 2.7% 2.6%
2.7% 1 9
.0 %
17.6% 17.4%
10.7% 10.8% 16.6%
9.6%
1 7
.0 %
9.1%
1 5
.0 %
1 3
.0 %
1 1
.0 %
9 .0
%
7 .0
%
2022 2023 2024 2025 1H25 1H26 2022 2023 2024 2025 1H25 1H26 2022 2023 2024 2025 1H25 1H26
*) CoF is presented in Bank Only
Consolidated Number 11
Page 12
FINANCIAL
PERFORMANCE
12
Page 13
Higher Customer Engagement Across Our Retail Ecosystem is Driving Higher
Transaction Activity and Creating More Opportunities to Capture Floating CASA
Merchant Sales Volume/ Merchant (Rp Mn)
Key Metrics Growth YoY
Value proposition for BRI Merchant +17.8%
557.3 707.8
344.4 405.8
700. 0
600. 0
337.5
# Monthly Active Users (in Mn) # Transactions
500. 0
(in Bn)
1
400. 0
Fast, Free Onboarding 300. 0
200. 0
100. 0
-
2023 2024 2025 1H25 1H26
4. 2 2 All-in-One Payment Device
+15.6% +30.6%
3. 7
Transaction Productive
3 Real Time and Secure Settlement Frequency Merchant
23. 0
3. 2
3.3 (in millions) (in thousands)
22.4
18. 0
19.3 2. 7 4 Smart Tools for Growth
+20.5% +20.1%
13. 0
2.5 370.8 124.9
8. 0 2. 2
307.8 104.0
3. 0
5 Backed by BRI ecosystem
1. 7
( 2. 0)
1H25 1H26 1H25 1H26
1H25 1H26 1H25 1H26
BRILink Agents
Sales Volume/ Store (Rp Mn) # Transactions (in Bn) CASA (Rp Tn) Fee Income (Rp Bn)
+28.6% +16.3%
+53.8% +86.0%
1 6
. 0
9 5
0 .0
915.7
30.7
1 4
. 0
7 0 .0
3 5
.0 9 0 .0
1 2
. 0
6 0 .0
13.4 3 0
.
23.8
583.4
1 0
. 0 5 0 .0
8 5
0 .0
2 5
.0
8 .0 4 0 .0
787.6
8.7
2 0
.
8 0 .0
6 .0 3 0 .0
1 5
.0
4 .0
2 .0
2 0 .0
1 0 .0
313.7 1 0
. 7 5
0 .0
5 .0
- -
7 0 .0
-
1H25 1H26 1H25 1H26 1H25 1H26 1H25 1H26
13
Page 14
BRImo: The Digital Engine Behind Our Growing Ecosystem Customer Franchise
BRImo’s Transaction Value (in Rp tn) &
Incorporating 8 points of customer needs into one application Frequency (in millions)
Serving Indonesia’s financial Trx V alue trailing 4-quarters (YoY 29.1%)
transaction needs since 2019.. Online Onboarding Branchless Financial Superstore Trx Freq. tra iling 4-quarters (YoY 32.1%)
8,009.2
• Debit Card Activation • Virtual Debit & Credit • Post-paid Phone Credit 8,000 .0
7,541.1
• Open Savings Account Purchase 7,076.9
Card 7,500 .0
• Cardless Deposit & • Event Ticket Sales 6,573.7 6,399.0
• Complaint-in-Apps 7,000 .0
6,201.8 6,008.0
Withdrawal Money Feature and Toll-free • Ship Ticket
6,500 .0
5,619.9
• Multi-Currency Card 5,177.3
6,000 .0
Services Sales 5,500 .0
4,842.7
• QR Cross-Border • Travel Flight, 5,000 .0
(Singapore) Groceries, 4,500 .0
• Scheduled loan and Logistics 4,000 .0
payment • Tax Payments Jun'25 Sep'25 FY25 Ma r'26 Jun'26
Fee Income Generated From BRImo (Rp bn)
Investment 2, 200.0
+17.8%
• Mutual Fund
2, 000.0
2,005.9
• Government Bond
1, 800.0
• Gold Savings 1, 600.0
1,702.2
• Gold Investment 1, 400.0
Customer Engagement • Customer Fund Account 1, 200.0
..with total users growing 16.8x • Anti Social-Engineering Call
(RDN) 1, 000.0
1H25 1H26
since Dec 2019 • BRImo Widget Digital Lending
Gold Business Performance on BRImo
• Chat Banking Service
YoY growth (in millions): (Sabrina) • Loan on App Credit Card
Gold Savings’
Trx Frequency Gold Installments’
+16.5%
6 0
.
5 5
.0
Subsidiary Integration Since Dec’24 Trx Frequency
5 0
.
Lifestyle Ecosystem Since Dec’25
49.7 • BRILife Insurance
4 5
.0
• QRIS tap-in/out 10.6x
4 0
.
42.7 • Gold Business Pegadaian
3.4x
3 5
.0
3 0
.
• BRIGHTS (BRI Ventures) • Sport Court Booking
2 5
.0
• Online Pharmacy Purchase 6.58mn (1H26)
1H25 1H26 46.4k (1H26)
• International Money
Transfer
14
Page 15
For Micro Business, We Have Started to See Signs of Inflection With
Improving Loan Quality and Sequential Growth
Micro Loans Disbursement (Bank Only) Micro Cost of Credit (Bank Only)
Kupedes KUR Briguna Historical Quarterly
80.8
9 0
. 0
6 .0 %
77.6 75.8 75.6 5.38%
8 0
. 0
73.5 71.4 4.9
4.3
5 .5
0 %
4.7 5.6 5.6 4.89%
7 0
. 0
3.9 4.64% 4.44%
5 .0 %
6 0
. 0
4.39%
42.2 4.89%
4 .5
0 %
5 0
. 0
41.6 45.0 4.63% 3.79%
47.9 60.3 4.39%
52.4 4.44%
4 .0 %
4 0
. 0
3 0
. 0
3 .5
0 %
3.87%
3 .0 %
3.14%
2 0
. 0
31.0 27.1 25.2 22.1 2 .5
0 %
15.0 15.6
1 0
. 0
- 2 .0 %
1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 1Q25 1H25 9M25 FY25 1Q26 1H26
Net DG Micro (Bank Only) to NPL (in % of average loan) Vintages Analysis Micro Loan (Bank Only) SML DG - 0 MOB to 12 MOB
2023 20242026 2025 2026
0 .4
5 %
1 4
.0 0 %
12.35%
10.60%
0 .4
0 %
7 .0 %
5.93%
1 2
.0 0 %
6 .0 %
5.40%
0 .3
5 %
9.46% 9.28%
1 0
. 0 %
8.35%
4.74% 0 .3
0 %
7.05% 7.53%
5 .0 %
4.48% 8 .0 %
6.66%
5.83% 5.76% 8.06%
0 .2
5 %
4 .0 %
6 .0 %
4.58% 4.71%
2.80% 3.82% 6.37%
0 .2
0 %
3 .0 % 4 .0 % 2.81% 5.45%
2.04% 1.86% 4.57%
1.86%
0 .1
5 %
1.05% 3.57%
0.00% 0.21% 0.51%
2 .0 %
2.76%
2 .0 %
1.03%
0 .1
0 %
0 .0 %
2.04%
1 .0 %
0.00% 0.02% 0.04% 0.10% 0.23% 0.41%
0 .0
5 %
0 .0 % 0 .0 %
2020 2021 2022 2023 2024 2025 1H25 1H26 0MOB 1MOB 2MOB 3MOB 4MOB 5MOB 6MOB 7MOB 8MOB 9MOB 10MOB 11MOB 12MOB
15
Page 16
While Gold Businesses Continued to Deliver Strong Growth, Consumer Lending
Shifted Toward Healthier and More Sustainable Expansion
Consumer Loan Breakdown (Bank Only, Rp Tn) Funding Under Management* (Rp Tn) & Fee Income from WM (Rp Bn)
Payroll Loan Mo rtgage Auto Loan g YoY Fee Income Funding Under Management
% to Total Loan (Bank Only) 700. 0
Total Consumer Loans, Bank Only: 675.8
600. 0
1H26 g QoQ g YoY 500. 0
g QoQ g YoY
224.8 227.8 212.4 233.7 10.0% 400. 0
300. 0
250. 0
362.7 361.9
-0.2%
200. 0
4.87% -0.42% -0.42% +22.3%
200. 0
66.3 67.3 69.9 12.0%
100. 0
162.8
150. 0
62.4 -
250. 0
100. 0
9.5%
240. 0
149.1 151.6 141.0 154.4 242.1
50. 0
10.75% -0.08% -0.08%
230. 0
234.1 235.0 +0.4% +3.2%
1. 4
-
220. 0
227.6
210. 0
1. 2
1. 0
200. 0
0. 8
0. 6
1.3 404.3% 190. 0
0. 4
0.6 0.8 0.09% 0.03% 0.07% 180. 0
0.2
0. 2
- 170. 0
2025 1Q26 1H25 1H26 2025 1Q26 1H25 1H26
Gold Savings OS & Number of Customers Pawn & Gold Installment Loan OS (Rp Tn)
Gold Savings (tonnes) Active Customer (mn) g YoY Pawn Lending (Excl. Gold Installment) Gold Installment g YoY
25. 0
19.9 20.2 +47.4% 145,031 +62.3%
139,701
20. 0
17.1 14,468 12,890 +131.5%
115,142
13.7 14.2 13.7 95,664 11,431
15. 0 89,358 89,358
12.0 80,247
5,567 6,336 5,567
3,922
132,141 +57.7%
10. 0
6.1 125,233
5.7 +59.9% 103,711
3.8 4.1 4.7 3.8 83,791 89,328 83,791
5. 0 3.5 76,325
-
1Q25 1H25 9M25 2025 1Q26 1H25 1H26 1Q25 1H25 3Q25 4Q25 1Q26 1H25 1H26
*We have reclassified our priority customer criteria in 2025, raising the minimum threshold from Rp500mn to Rp1 billion. 16
Page 17
Selective Corporate and Commercial Expansion to Unlock Ecosystem, Funding
and Fee-Based Value
Corporate Qlola
By Sector (1H26) By Type of Use Qlola E2E solutions Qlola 1H26 Performance
Others
Trading, Hotel & Restaurant
Fee Income (Rp Bn)
Agribusiness
10.9% Suppliers +22.3%
18.3% Mining 57.4% 58.1%
10.6%
Trading, 124.5
Hotel & 11.3%
Restaurant 42.6% 41.9% 101.8
17.7% Companies Distributors
Industry Manufacturing
19.3% 1H25 1H26
11.8%
Construction Investment
Electricity, Gas & Water
Working Capital Clients
1H25 1H26
Commercial
Loan & Ecosystem Deposit By Type of Use #Transactions (in millions)
8 0
. 0
Qlola’s Value Proposition +59.5%
7 0
. 0
g YoY
6 0
. 0
Empowers corporates with digital 558.4
5 0
. 0
72.2 27.9% 29.6%
4 0
. 0
3 0
. 0
2 0
. 0
45.7 +58.1% collection solutions
1 0
. 0
Optimizes idle fund utilization through 350.0
-
liquidity management
3 0
. 0
2 5
. 0
72.1% 70.4%
+127.2%
2 0
. 0
1 5
. 0
30.0
13.2 Enables high-volume transactions with
1 0
. 0
5 .0
comprehensive payment solutions
-
1H25 1H26 1H25 1H26
Loan (in Rp tn) Investment
Improves cash flow flexibility and
advances trade finance capabilities 1H25 1H26
Ecosystem Deposit (in Rp tn) Working Capital
All numbers are presented in Bank Only 17
Page 18
Robust Loan Expansions Was Supported by Healthy 10.1% YoY CASA Growth
While Maintaining Funding Mix Management
(Rp Bn)
Items 1H26 1Q26 1H25 g QoQ g YoY 2025 2024 2023
Cash and Cash Equivalent 115,303 100,874 90,797 14.3% 27.0% 63,974 118,663 133,513
Total Earning Assets: 2,185,691 2,101,726 1,972,929 4.0% 10.8% 2,029,077 1,841,405 1,791,006
- Placement with BI & Other Banks 78,092 81,543 123,075 -4.2% -36.5% 63,502 83,457 87,557
- Receivables (Acceptance & Others) 57,751 54,927 72,404 5.1% -20.2% 62,498 51,849 65,024
- Loans & Financing 1,645,533 1,562,451 1,416,619 5.3% 16.2% 1,521,486 1,354,641 1,266,429
- Gov't Bonds & Marketable Securities 395,577 393,830 352,452 0.4% 12.2% 372,757 343,381 364,687
- Other Earning Assets 8,738 8,974 8,378 -2.6% 4.3% 8,835 8,077 7,308
Earning Asset Provision: (87,159) (84,664) (82,631) 2.9% 5.5% (83,660) (82,529) (88,172)
- Loans and Financing Provisions (85,920) (84,250) (81,357) 2.0% 5.6% (83,059) (81,064) (85,502)
- Other Provisions (1,239) (414) (1,274) 199.2% -2.8% (601) (1,465) (2,670)
Fixed & Non-Earning Assets 138,546 131,898 125,277 5.0% 10.6% 125,979 114,647 128,660
Total Assets 2,352,381 2,249,834 2,106,371 4.6% 11.7% 2,135,371 1,992,187 1,965,007
Third Party Funds : 1,580,682 1,555,124 1,482,120 1.6% 6.7% 1,466,844 1,365,450 1,358,329
- CASA 1,068,666 1,058,619 970,946 0.9% 10.1% 1,035,790 918,981 874,070
Current Account 449,566 452,866 414,483 -0.7% 8.5% 448,204 374,554 346,124
Savings Account 619,100 605,752 556,463 2.2% 11.3% 587,586 544,427 527,946
- Time Deposits 512,016 496,506 511,174 3.1% 0.2% 431,054 446,469 484,259
Other Interest-Bearing Liabilities 336,964 250,991 205,823 34.3% 63.7% 216,109 200,597 180,023
Non-Interest-Bearing Liabilities 106,060 98,656 96,356 7.5% 10.1% 121,477 102,825 110,183
Total Liabilities 2,023,706 1,904,772 1,784,299 6.2% 13.4% 1,804,430 1,668,872 1,648,535
Tier 1 Capital 298,949 315,752 290,374 -5.3% 3.0% 301,847 291,317 283,949
Total Equity 328,675 345,062 322,072 -4.7% 2.1% 330,941 323,315 316,472
Total Liabilities & Equity 2,352,381 2,249,834 2,106,371 4.6% 11.7% 2,135,371 1,992,187 1,965,007
*) We restated the 2023, 2024 and 1Q25 balance sheet to reflect the implementation of the new accounting standard for insurance companies as stipulated in PSAK117 (IFRS 17)
18
Page 19
Strong NII Growth and Stable Non-Interest Income Continued to Drive Operating Profit,
While Lower Loan Provision Growth Supported 17.5% YoY Net Profit Growth
(Rp Bn)
Items 2Q26 1Q26 2Q25 g QoQ g YoY 1H26 1H25 g YoY
Interest Income 55,085 52,838 52,506 4.3% 4.9% 107,923 102,376 5.4%
Interest Expense (14,710) (12,683) (15,115) 16.0% -2.7% (27,393) (29,102) -5.9%
Net Interest Income 40,375 40,155 37,390 0.5% 8.0% 80,530 73,275 9.9%
Net Premium Income and Insurance Services 368 280 58 31.3% 531.8% 649 437 48.4%
Other Operating Income (Non-Interest) - incld. Gold 13,036 13,883 13,105 -6.1% -0.5% 26,919 26,667 0.9%
Total Operating Expenses (20,251) (22,135) (22,169) -8.5% -8.7% (42,387) (42,100) 0.7%
Personnel Expenses (9,898) (11,693) (11,057) -15.4% -10.5% (21,590) (21,735) -0.7%
G&A Expenses (8,039) (7,911) (7,593) 1.6% 5.9% (15,951) (14,739) 8.2%
Others Expenses (2,314) (2,531) (3,519) -8.6% -34.2% (4,846) (5,626) -13.9%
Pre-Provision Operating Profit 33,528 32,183 28,384 4.2% 18.1% 65,711 58,278 12.8%
Provision Expenses (13,408) (12,123) (10,998) 10.6% 21.9% (25,532) (23,273) 9.7%
Loan - Provision Exp (11,975) (12,429) (11,548) -3.7% 3.7% (24,404) (23,560) 3.6%
Non-Loan - Provision Exp (1,433) 306 550 -569.1% -360.8% (1,128) 287 -492.7%
Profit From Operations 20,120 20,060 17,386 0.3% 15.7% 40,180 35,005 14.8%
Non-Operating Income (104) (74) (22) 40.5% 370.0% (179) (261) -31.5%
Net Income Before Tax 20,016 19,986 17,363 0.1% 15.3% 40,001 34,744 15.1%
Net Profit 15,549 15,634 12,791 -0.5% 21.6% 31,183 26,533 17.5%
Profit After Tax & Minority Interest (PATMI) 15,373 15,493 12,655 -0.8% 21.5% 30,865 26,277 17.5%
*) We restated the 2024 and 1Q25 income statement to reflect the implementation of the new accounting standard for insurance companies as stipulated in PSAK117 (IFRS 17)
19
Page 20
Lower Funding Costs Help Cushion Yield Pressure, Supporting NIM Stability
Amid Macroeconomics Uncertainty
NIM – Bank Only vs Consolidated Lending Yield, EA Yield, and CoF
1 6
.0 %
9 .0
% 8 .0
%
12.5% 13.1% 13.1% 12.9%
8 .5
%
7.9% 8.0% 7.9% 1 4
.0 %
12.3% 12.2%
7.8% 7.7%
7.5%
7 .5
%
8 .0
%
1 2
.0 %
7 .5
%
7 .0
%
1 0
. %
10.9% 11.0% 10.8% 10.3%
7 .0
%
6.9% 9.6% 9.7%
6.8% 6.8%
8 .0
%
6.8%
6 .5
% 6 .5
%
6.5% 6 .0
%
6.4%
6 .0
%
3.2% 2.9%
2.5%
6 .0
%
5 .5
% 4 .0
%
2.4%
1.7% 1.5%
5 .0
%
2 .0
%
5 .5
%
4 .5
%
0 .0
%
2021 2022 2023 2024 2025 1H26 2021 2022 2023 2024 2025 1H26
4 .0
% 5 .0
%
NIM - Consol. NIM - Bank Only Loan Yield Earning Asset Yield Cost
Costof
of Third
Fund Party Fund
39.5 40.4
4 0
.
4 0
.
EA to Total Asset and Loan to Total EA
35.1 34.8
3 5
.0
3 5
.0
31.1 94.7% 92.4% 95.0% 93.4% 92.9%
100. 0%
89.3% 91.1%
3 0
.
3 0
. 28.1 90. 0%
73.6% 75.0% 74.3% 75.3%
29.8
80. 0%
70.7%
29.1 65.6% 68.4%
27.8 70. 0%
26.6
2 5.0
2 5
.0
26.1 60. 0%
50. 0%
21.6
2 0.
2 0
.
40. 0%
30. 0%
1 5.0
1 5
.0
20. 0%
10. 0%
11 0
.0
. 0. 0%
2021 2022 2023 2024 2025 1H26
1H26 2021 2022 2023 2024 2025 1Q26 1H26
Quarter NII - Consol (IDR Tn) Quarter NII - Bank Only (IDR Tn) % EA to Total Asset % Loan & Financing to Total EA
* Starting Jan-25, we have been using a new methodology to calculate NIM, based on the monthly average Earning Assets excluding Investment, Derivative Receivables, and Acceptance Receivables that do
not generate interest income. All historical data reflects this change
20
Page 21
Stable Revenue Mix Driven By Rising Fee Income Contribution and Net Gold Trading
Other Operating Income
(Rp Bn)
Items 2Q26 1Q26 2Q25 g QoQ g YoY 1H26 1H25 gYoY
Fees and Commissions 5,510 5,507 5,194 0.1% 6.1% 11,017 10,393 6.0%
Recovery of Written-Off Assets 5,110 4,327 5,213 18.1% -2.0% 9,437 10,184 -7.3%
Treasury Income: 248 1,394 1,312 -82.2% -81.1% 1,641 2,558 -35.8%
Gain on Sale of Securities - Net 431 813 758 -47.0% -43.1% 1,244 1,240 0.3%
Gain on Foreign Exchange - Net (183) 581 571 -131.6% -132.1% 397 1,318 -69.9%
Unrealized Gain on Changes in Fair Value of Securities - - (17) - -100.0% - - -
Others 1,576 1,141 940 38.1% 67.6% 2,717 2,672 1.7%
Total Other Operating Income 12,443 12,369 12,659 0.6% -1.7% 24,812 25,807 -3.9%
Revenue From Gold Sold - Net 593 1,514 445 -60.8% 33.1% 2,106 860 145.0%
Total Other Operating Income Incl. Gold 13,036 13,883 13,105 -6.1% -0.5% 26,919 26,667 0.9%
Operating Expenses
(Rp Bn)
Items 2Q26 1Q26 2Q25 g QoQ g YoY 1H26 1H25 gYoY
Salaries and Employee Benefits 9,898 11,693 11,057 -15.4% -10.5% 21,590 21,735 -0.7%
General and Administrative 8,039 7,911 7,593 1.6% 5.9% 15,951 14,739 8.2%
Others 2,314 2,531 3,496 -8.6% -33.8% 4,846 5,626 -13.9%
Total Operating Expense 20,251 22,135 22,146 -8.5% -8.6% 42,387 42,100 0.7%
*) As of 2025, insurance subsidiaries have adopted IFRS 17, replacing IFRS 4 21
21
Page 22
CIR Remains Within Target Range, Despite Increase in Subsidiaries’ Opex Growth
(Rp Bn)
Items 2Q26 1Q26 2Q25 g QoQ g YoY 1H26 1H25 g YoY
Bank Only - Personnel Expenses 6,196 7,879 7,672 -21.4% -19.2% 14,076 15,287 -7.9%
Bank Only - G&A Expenses 5,498 5,079 5,243 8.3% 4.9% 10,577 10,249 3.2%
Bank Only - Others Expenses 2,744 1,981 3,174 38.5% -13.6% 4,725 5,379 -12.2%
Bank-Only Operating Expense 14,438 14,939 16,090 -3.4% -10.3% 29,377 30,915 -5.0%
Subsidiaries - Personnel Expenses 3,701 3,814 3,385 -2.9% 9.3% 7,515 6,448 16.5%
Subsidiaries - G&A Expenses 2,541 2,833 2,349 -10.3% 8.2% 5,374 4,490 19.7%
Subsidiaries - Others Expenses (429) 550 321 -178.0% -233.6% 121 248 -51.1%
Subsidiaries Operating Expense 5,813 7,196 6,055 -19.2% -4.0% 13,010 11,186 16.3%
Consolidated - Personnel Expenses 9,898 11,693 11,057 -15.4% -10.5% 21,590 21,735 -0.7%
Consolidated - G&A Expenses 8,039 7,911 7,593 1.6% 5.9% 15,951 14,739 8.2%
Consolidated - Others Expenses 2,314 2,531 3,496 -8.6% -33.8% 4,846 5,626 -13.9%
Consolidated Operating Expense 20,251 22,135 22,146 -8.5% -8.6% 42,387 42,100 0.7%
Cost to Income Ratio: Bank Only vs Consolidated* Cost to Asset Ratio: Bank Only vs Consolidated*
5 0
. %
48.6% 47.4%
6. 00%
41.9% 42.5%
41.4%
4 5
.0 %
40.8%
5. 00%
4.15% 3.98% 3.91% 4.12% 4.14% 3.94%
39.2% 3.60%
43.3% 4. 00%
42.0%
4 0
. %
38.9% 37.9%
3. 00%
3.48%
37.7% 37.9% 3.23% 3.36% 3.30%
3.11%
3 5
.0 %
35.5% 2. 00%
2.96% 2.78%
3 0
. %
1. 00%
2 5
.0 %
0. 00%
2021 2022 2023 2024 2025 1Q26 1H26 2021 2022 2023 2024 2025 1Q26 1H26
BRI Consolidated BRI Consolidated
*As of 2025, insurance subsidiaries have adopted IFRS 17, replacing IFRS 4 22
Page 23
Capital Levels Remain Manageable, Offering Flexibility for Growth and Higher
Capital Returns
40. 00% 25. 00%
19.80% 18.90% 18.36% 18.79%
17.63% 17.44% 20. 00%
35. 00%
12.23% 15. 00%
30. 00%
27.27%
10. 00%
27.16% 26.63%
25.54%
5. 00%
25. 00%
26.16% 26.12% 23.52% 22.90%
25.52%
24.53% 21.49% 0. 00%
22.41% 21.82%
20. 00%
20.42% - 5.00%
DPO - 10.00%
DPO
15. 00%
DPO ~92%
DPO 85% DPO DPO
14.7% 85% - 15.00%
2.5% Capital
65% ~80% ~86%
10. 00%
Conservation Buffer
MINIMUM - 20.00%
2.5% Capital Surcharge
REGULATORY
on Systemic Bank
REQUIREMENT 5. 00% - 25.00%
9.7% CAR based on
2021 2022 2023 2024 2025 1Q26 1H26
Risk Profile
Tier 1 CAR Tier 2 CAR Total CAR ROE B/S
Leverage (x) 5.8 6.1 6.2 6.2 6.5 6.5 7.2
Dividend Per-Share (Rp) 96.5 174.3 288.2 319.0 343.4 346.0 -
• As of Jan, ’23, as part of the implementation of Basel 3, the change on RWA of Operational & Credit Risk adds 329bps to BRI total CAR. Starting in January
2024, we implemented the Basel III calculation of RWA market risk 23
• BRI distribute a full-year dividend of Rp346 per share on May 8, 2026 (including an interim dividend of Rp137 per share that has been paid on Jan 15, 2026)
*)In compliance with OJK regulations, our calculation of consolidated financial ratios moved to monthly from quarterly starting in Jan-24. All calculations for 2024 and 2023 are adjusted for monthly data.
23
23
Page 24
ULTRA MICRO &
MICRO BUSINESS
24
Page 25
Selective Micro Portfolio Approach Strengthens Customer Relationships, While
Pegadaian Benefits From Rising Gold Prices
Loan Composition - Outstanding (Rp Tn) # Borrowers (in Mn)
BRI Micro Pegadaian PNM 6.4% YoY BRI Micro Pegadaian PNM -3.3% YoY
37.2 36.1
712.9 35.5 34.7 35.0
665.4 681.8 670.0 33.8
611.2 51.4 1.6% 31.2
595.9 50.0 50.3 50.6
514.8 42.6 47.1 85.4 126.0 101.5 155.1 52.8% 14.0 15.2 14.5 -8.1%
13.2 13.5 12.4
59.1 67.6 11.2
34.5
52.4
7.0 7.7 8.3 8.9 8.4 7.5%
6.6 9.0
530.0 -2.2%
494.2 496.6 505.4 517.9 506.4
427.9
13.4 14.6 14.3 13.3 12.6 13.0 12.4 -5.2%
2021 2022 2023 2024 2025 1H25 1H26 2021 2022 2023 2024 2025 1H25 1H26
Key Ratios
BRI Pegadaian PNM
Description
9M21 2021 2022 2023 2024 2025 1H26 9M21 2021 2022 2023 2024 2025 1H26 9M21 2021 2022 2023 2024 2025 1H26
CoIBL 2.1% 2.1% 1.9% 2.9% 3.6% 3.3% 2.8% 6.2% 6.0% 4.9% 5.9% 6.3% 6.3% 6.2% 8.7% 8.6% 7.6% 6.8% 6.6% 7.4% 6.3%
Credit Cost 3.8% 3.4% 2.5% 2.4% 3.2% 3.4% 3.2% 1.7% 1.4% 0.9% -0.3% 0.9% 1.4% 1.5% 1.3% 2.0% 5.7% 5.7% 7.7% 6.1% 3.6%
CIR 42.1% 43.3% 42.0% 37.7% 37.9% 38.9% 35.5% 63.0% 62.8% 63.7% 59.4% 53.0% 51.6% 42.6% 76.7% 74.6% 67.7% 63.4% 59.7% 69.7% 75.7%
PNM’s financing outstanding include financing disbursed to LKMS (Syariah Micro Financing Institution) and venture capital 25
Page 26
Micro Business Recovery Built on Improved Underwriting and More Optimized
Loan Officer’s Capacity
Micro Loan Outstanding (Rp Tn) # Borrowers (in Mn) # Borrowers per Loan Officer
541.6 530.0 517.9 14.6
6 0 .0 5 7
5 .0 1 6
.0 1 5
.0
494.2 505.4 506.4 14.3
13.4 0.6 13.3 537
0.5 13.0 528
5 5
0
64.3 12.6
1 4
.0 1 3
.0
427.9 59.7 59.0 0.7 0.5 12.4
0.4
5 0 .0 4 7
5 .0
68.9 59.8 59.6 2.8 0.4
1 2
.0
0.4 1 1
.0
488 490 490
2.7 4.7 5 0
4 0 .0
74.9
3 7
5 .0
4.5 3.9 4.3 3.4 463 459
129.2 212.3 200.2 175.6 192.8 153.5 1 0
. 9 .0
4 5
0
131.8
3 0 .0 2 7
5 .0 8 .0 7 .0
11.1
6 .0 5 .0
4 0
10.0
2 0 .0 1 7
5 .0
9.1 8.4 8.2 8.3 8.6
296.1 264.9 270.0 270.0 266.1 293.4 4 .0 3 .0
1 0 .0 221.2 7 5
.0
3 5
0
2 .0 1 .0
0 .0 -2 5
. 0 3 0
0 .0 -1 .0
2021 2022 2023 2024 2025 1H25 1H26 2021 2022 2023 2024 2025 1H25 1H26 2021 2022 2023 2024 2025 1H25 1H26
KUR Kupedes Briguna KUR Kupedes Briguna
Growth YoY Growth YoY Loan OS per Loan Officer (in Bn)
2 5
.0
Product 2021 2022 2023 2024 2025 1H25 1H26 Product 2021 2022 2023 2024 2025 1H25 1H26 20.0 19.5 19.5 18.8
2 0
.
18.2 18.6
15.7
KUR* 49.4% 33.8% -10.5% 5.2% 0.0% -0.3% 10.2% KUR 31.1% 11.4% -18.6% -7.9% -1.4% -0.2% 3.7% 1 5
.0
Kupedes -8.9% -1.9% 64.3% -5.7% -12.3% -9.2% -20.4% Kupedes -20.3% 3.8% 64.7% -3.9% -12.4% -6.8% -22.0% 1 0
.
Briguna -6.3% -8.0% -6.7% -7.1% 0.1% -3.6% 1.0% Briguna -13.0% -10.7% -12.6% -13.2% -7.1% -10.5% -5.9% 5 .0
Total 14.8% 15.5% 9.6% -1.1% -4.6% -4.2% -2.2% Total 13.2% 8.7% -2.1% -6.7% -5.3% -2.9% -5.2% -
2021 2022 2023 2024 2025 1H25 1H26
*) Include Housing Loan Program (Demand Side) Rp6.14 tn as of 1Q26
*) KUR Small has been reclassed to Micro Segment since Jan’25 26
Page 27
LOAN QUALITY
27
Page 28
Consistent Improvement in NPL and SML, Reflecting Early Result From
Underwriting Transformation, Especially in Micro Segment
Non-Performing Loan – by Segment Special Mention – by Segment
Segment 1H26 1H25 2025 2024 2023 2022 Segment 1H26 1H25 2025 2024 2023 2022
Micro 4.11% 3.77% 3.80% 2.79% 2.40% 1.64% Micro 5.09% 6.57% 5.43% 6.02% 5.53% 3.83%
Consumer 2.46% 2.25% 2.35% 1.97% 1.97% 1.83% Consumer 2.80% 2.66% 2.70% 2.39% 2.84% 2.76%
SME 5.18% 5.42% 5.53% 4.91% 5.66% 5.23% SME 5.43% 6.58% 5.00% 4.95% 5.57% 4.74%
Commercial 4.37% 2.54% 4.29% 2.50% 2.56% 2.26% Commercial 1.32% 2.92% 1.19% 1.90% 2.52% 2.55%
Corporate 1.15% 1.61% 1.70% 2.60% 3.86% 4.68% Corporate 2.00% 3.43% 2.16% 3.72% 4.67% 4.32%
Bank Only - NPL% 3.15% 3.23% 3.29% 2.93% 3.12% 2.82% Bank Only - SML% 3.68% 5.06% 3.86% 4.63% 4.87% 3.87%
Subsidiaries - NPL% 1.13% 1.39% 1.33% 1.36% 1.20% 1.24% Subsidiaries - SML% 3.98% 5.47% 3.52% 6.00% 4.84% 3.90%
Consolidated - NPL % 2.90% 3.04% 3.07% 2.78% 2.95% 2.67% Consolidated - SML % 3.74% 5.15% 3.84% 4.82% 4.90% 3.90%
Since Jan 2025, We have reclassified KUR Small into Micro Segment. All figures from 2021 have been adjusted to reflect this re-segmentation.
28
Page 29
Legacy Loans Are Mostly Resolved and Kupedes Disbursed in 2025 is Showing
Better Vintage
2023 Kupedes Disbursement (as of June 2026, Rp Bn) Kupedes Disbursement Trend (Rp Tn)
250,000
201,577 171,660 2023 2024 2025 2026
200,000
201.6
150,000
7 0
.
59.3
100,000
6 0
.
126.0
50.3 105.4
7,101 46.7 45.3
22,816
5 0
.
50,000
4 0
.
37.9 30.6
-
28.8 30.8 31.0
Disbursement Paid-Off Write-Off Remaining OS 3 0
.
28.4 27.1 25.2
22.1
Kupedes Remaining SML NPL Total 2 0
.
15.0 15.6
2023 Batch OS Restructured* 1 0
.
(Rp Bn) 22,816 4,550 3,511 6,945 0 .0
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q
2024 Kupedes Disbursement (as of June 2026, Rp Bn) Kupedes Vintages Trend (Avg DG to SML 6MOB)
125,987 86,000
140,000
2023 2024 2025 2026
120,000
100,000 6.3%
5.0%
80,000
60,000
3,237 36,750
3.4%
6.9% 6.9%
8 .0
%
40,000
5.9%
7 .0
%
20,000
5.5% 5.6% 5.7%
5.0%
6 .0
%
0 4.7%
Disbursement Paid-Off Write-Off Remaining OS 3.9%
5 .0
%
4 .0
%
3.3% 3.1%
2.4%
Kupedes Remaining SML NPL Total
3 .0
%
OS Restructured*
2 .0
%
2024 Batch 1 .0
%
n.a. n.a.
(Rp Bn) 36,750 5,481 6,323 6,594 0 .0
%
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q
*Total Restructured Loan includes Current Restructured, SML, and NPL 29
Page 30
Prudent Provisioning Levels Support Adequate Coverage of NPL and LAR Against
Potential Loan Delinquencies
NPL & NPL Coverage LAR & LAR Coverage
3 0 .0 %
272.20%
LAR % LAR Coverage
247.70%
7 0
. 0
%
229.09%
2 5
0 .0 %
55.94% 56.81% 55.75% 57.08%
215.01% 6 0
. 0
% 54.14%
1 0
. 0
%
49.40%
5 0
. 0
%
2 0 .0 %
8.61% 178.06% 179.45% 180.25% 36.14%
8.17%
9 .0 %
4 0
. 0
%
8 .0 %
3 0
. 0
%
1 5
0 .0 %
6.75%
7 .0 %
2 0
. 0
%
5.98% 23.09%
6 .0 % 5.46% 5.39% 5.22%
1 0
. 0
%
18.06%
1 0 .0 %
12.47% 10.70% 9.61% 9.67% 9.15%
Average LLR 2010 – 2019
5 .0 %
0 .0 %
4.10%
3.30%
4 .0 %
3.09%
5 0
. 0
%
3.07% 3.01% 240.8
2.95%
1 6
0 .0
3 .0 %
2.78% 2.90%
205.8
3 .0 %
1 4
0 .0
2 .0 %
1 2
0 .0
0 .0 %
2 .5
0 %
93.1 157.9 151.1 150.5
87.8 85.5 85.9 145.0 146.2
83.1 84.3
11 0.0 .0%
81.1 2 .0 %
168.1 112.4
8 0
.
0 .0 %
1 .5
0 %
58.5 42.0 41.1 39.2 41.3
6 0
.
1 .0 %
65.3 58.4 65.0 61.5
4 0
.
55.8 62.1
40.5
37.6 37.3 37.7 46.6 46.9 47.7 0 .5
0 %
32.3
2 0
.
32.3 37.6 37.3 37.7 46.6 46.9 47.7
- 0 .0 %
2021 2022 2023 2024 2025 1Q26 1H26 2021 2022 2023 2024 2025 1Q26 1H26
Provision (IDR Tn) NPL (IDR Tn) NPL % LLR NPL Coverage NPL SML Restruct. - Current Coll.
*Since 2021, LAR and LAR Coverage are presented in consolidated number
30
Page 31
Lower CoC Reflects Gradual Improvements in Asset Quality
Write Off & Recovery Credit Cost
8 0
. 5 .0 %
3.58%
7 0
. 4 .0 %
3.23% 3.35%
61.0% 3.20%
6 3
.0 3.08%
60. 0%
55.9% 6 0
.
2.69% 2.55%
3 .0 %
51.1% 2.37%
1.87% 2.09%
1.89%
5 3
.0
47.1% 46.0% 50. 0%
1.40%
5 0
. 2 .0 %
43.9% 1.32%
0.98% 47.6
4 3
.0
45.4 45.5
38.6% 4 0
.
43.0 1 .0 %
40. 0%
3 3
.0
35.7 36.6
3 0
. 0 .0 %
28.7
30. 0%
27.5 27.9
2 3
.0
25.4 26.6
24.4
21.0 21.5
2 0
. -1 .0 0
%
20.6
17.8 16.8
20. 0%
17.6
1 3
.0
15.3 15.0
12.6 11.9 12.4
11.2
1 0
. -2 .0 0
%
9.1 9.4
10. 0%
8.1
4.3
3 .0
- -3 .0 0
%
2021 2022 2023 2024 2025 1Q26 1H26 2021 2022 2023 2024 2025 1Q26 1H26
-7 .0 0. 0%
Provision Exp. - Loan (Rp Tn) Provision Exp. - Net - Loan (Rp Tn)
Write-Off (Rp Tn) Recovery Income (Rp Tn) Recovery Rate CoC % Coc Net %
*In compliance with OJK regulations, our calculation of consolidated financial ratios moved to monthly from quarterly starting in Jan-24. All calculations for 2024 and 2023 are adjusted for monthly data. 31
Page 32
BRI GROUP GUIDANCE
& KEY TAKEAWAYS
32
Page 33
BRI Group Guidance
2026 Guidance 1H26 Note FY26 New Guidance
Loan Growth
7% - 9% 16.16% Exceed 8% - 10%
(YoY)
NIM 7.4% – 7.8% 7.70% Inline Remain
Credit Cost 2.9% - 3.2% 3.08% Inline Remain
CIR 41% - 43% 39.21% Exceed Remain
33
Page 34
Key Takeaways From Our 1H26 Results
Transformation has reinforced BRI’s resilience amid uncertainty
Core Funding Performance
Inflection Signs Emerging More Stable, More Efficient Consistent & Discipline
1.
1 Better Risk Selection 1.
1 Optimized Funding Mix 1. Resilient Margin
2.
2 Consistent Asset 2.
2 Digital Channels 2.
2 Diversified Growth
Quality Improvement Traction and Earnings
3.
3 Micro Recovery 3.
3 Strong Retail Funding 3.
3 Strong capital
Momentum Momentum position
34
Page 35
Thank You PT BANK RAKYAT INDONESIA (Persero) Tbk. Investor Relations 7th floor BRI II Building Jl. Jenderal Sudirman No. 44-46 Jakarta 10210 Indonesia Phone : 62 21 5752009, 5751979 Website : www.ir-bri.com Email : ir@bri.co.id
Names mentioned 4 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Bank Indonesia
p.4
unresolved
org
Bank Indonesia Protects
p.4
unresolved
org
Bank REQUIREMENT
p.23
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