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Page 1
                   ONE TEAM
                   TOGETHER
                    BIGGER BETTER
                       STRONGER




Public Expose
  27 • 06 • 2024
Page 2
   DELIVERING BEST IN CLASS
EXECUTION OF GLOBAL BRANDS IN
 LOCAL RETAIL ACROSS MARKETS




                                2
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  OUR STORY                                  • Initial Public Offering                 Launch in Vietnam
                                             • Acquisition of Astec      2018   2019

                                                                                                                     2023
                                      1991
                                                                                                                        • >1,600 Stores
                                                                                                                        •   Expansion to
                                                                                           Expansion to the
                                                                                                                            Cambodia
 Started operation by opening the first
                                             • 780 Stores                       2020       Philippines and              •   Won “Rise in the
 Sports Station & Golf House Store                                                         Thailand                         Year of Change
                                             • MAA partners with CVC
                                               Capital Partners
                                                                         2015                                               (Retail Category)”
                                                                                                                            from Bisnis

• 50 Stores
                                      1997 • 500 Stores
                                                                                2021   1,195
                                                                                           Stores
                                                                                                                        •
                                                                                                                            Indonesia
                                                                                                                            Won “The Best
                                                                                                                            Customer” Award
• First Royal Sporting House store                                                                                          from KSO Sucofindo
                                             • Payless ShoeSource
                                               store launch              2008          •    Expansion to Singapore      •
                                                                                                                            Surveyor Indonesia
                                                                                                                            PT Map Aktif
                                                                                2022   •
                                                                                            and Malaysia
                                                                                            Opened 13 new stores
                                                                                                                            Adiperkasa Tbk
                                                                                                                            became part of the
                                                                                            in Singapore and 17             FTSE (Financial
                                                                                            new stores in Malaysia          Times Stock
                                                                                                                            Exchange) Index
                                                                                                                        •   The Company has
                                                                                                                            formed a Joint
  Opening of Kidz Station,                                                                                                  Venture with
  Planet Sports, and The              1999                                                                                  Sports Direct
  Athlete’s Foot stores                                     200
                                                            Stores
                                                                         2001                                               Malaysia, Sdn.Bhd
                                                                                                                            to operate Sports
                                                                                                                            Direct stores in
                                                                                                                            Indonesia          3
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OUR BRANDS PORTFOLIO
                            SPORTS
                        *                *




                                *    *




*Non-Exclusive Brands                        4
                                                 4
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OUR BRANDS PORTFOLIO
                           LEISURE




                            KIDS
           *                        *                   *


       *       *   *        *           *       *

                   *                        *       *

   *

                   *   *        *
                                                            *Non-Exclusive Brands   5
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OUR ASEAN GOALS

     Unifying Retail Experience                            Accelerate Regional Branded
01   Options                                          02   Commerce
                                                           Managing & marketing major brands across
     Engaging & satisfy our shoppers with
                                                           populous ASEAN nations with strong GDP
     seamless unification of purchase options
                                                           fundamentals
     across all physical, digital & social channels




     Execute Digital & Technology                          Strategic Acquisitions or
     Change                                                Partnership
03   Build an integrated data driven digital          04   Identify, partner, and drive long term growth
     ecosystem to refine our planning,                     through partnerships and acquisitions
     purchasing, & speed to market across
     ASEAN
                                                                                                           6
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01 UNIFYING RETAIL
        EXPERIENCE OPTIONS

We have devised an
integrated data driven digital
ecosystem between online &
offline stores to service our
shoppers more conveniently
24 hours a day
Our flagship stores are
now available via offline,
online, chat, & marketplace
channels to service
customers nationwide


7
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                ACCELERATE REGIONAL
02              BRANDED COMMERCE
                                                                                                                       *As per March 2024
                                                                                   Exclusive
                          9       Exclusive
                                  Brands                                 14        Brands                                   4       Exclusive
                                                                                                                                    Brands
INDONESIA




                                              PHILIPPINES




                                                                                               SINGAPORE




                                                                                                                                                 CAMBODIA
                                  Online                                           Online                                            Online
                          2       Platforms                               2        Platforms                                3        Platforms



                               37                                                  42
                                                                               Stores
                                                                                                                                    41
                                                                                                                                Stores
                              Stores
                        VIETNAM




                                                                        THAILAND




                                                                                                                         MALAYSIA
  1,392                                                 172                                                26                                               9
       Stores                                           Stores                                         Stores                                           Stores




40+         Exclusive
            Brands                             19           Exclusive
                                                            Brands                             6           Exclusive
                                                                                                           Brands                                  4
                                                                                                                                                            Exclusive
                                                                                                                                                            Brands

            Online                                          Online                                         Online
16          Platforms                           4           Platforms                          3           Platforms
                                                                                                                                                                    8
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         EXECUTE DIGITAL & TECHNOLOGY CHANGE
03       Build an integrated data driven digital ecosystem to refine our planning, purchasing,
         selling, and speed to market across ASEAN.

         A. MAPCLUB                                             In-store Digital Evolution

          A retail community APP which aggregates all MAP’s     1. Single Mobile Device for Several Functions
          commerce & customer collaboration in one ecosystem.     • Global Stock View and Inventory Control Cycles
                                                                  • Goods Received and Transfer Stock functions
          One Power APP for Branded Shopping and loyalty          • O2O fulfillments (Android App integrated with TITAN)
          programs
                                                                  • Endless Aisle/Chat & Buy
          • All Brands
                                                                2. E-receipt through Email of MAPCLUB app
          • All Sales Channels
                                                                3. Mobile POS in high volume stores for Cue Busting
          • All Retail Categories
          • eMoney & Incentives
                                                                B. Endless Aisle (Save The Sale)
ONLINE                 OFFLINE                                    A process to optimize the Company’s inventories by online access to all stores
                                                                  and DC stocks nationwide. When a size or color is not available, staff can
                                                                  utilize a PDT to fulfill a customer’s requirement from alternate destinations.
                                                                  Product is then dispatched to the customer address.
                          MAPCLUB unifies data from all our
                          sales channels enabling more
                          targeted services to the company's    C. Technology and Digital Operations
                          most frequent shoppers.
                                                                  Our teams continue to exploit all channels of growth whether offline flagship stores,
                                                                  online brand channels, or marketplace shop in shops; and all bonded by our ONE
                                                                  DATA program which gives us a unique perspective on where our diverse base of
MARKET
                       WHATSAPP                                   customers prefer to shop.
 PLACE
                                                                                                                                                   99
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              EXECUTE DIGITAL & TECHNOLOGY CHANGE
03            New merchandise planning tools


                               DELIVERING BUSINESS VALUES AND BENEFITS
                                     Sharpened focus on delivering the                      Expected Business Benefits
                                               future goals
Blue Yonder                                     “Operational effectiveness”
                                                To accelerate business value
                                                         realization


                                                                                           Reducing out-of-    Improving inventory
                                                                                              stock rate      availability at the store
                                                                                                                        level



                                   “Predictive. Proactive        “Accelerate adoption”
Streamlined & Automated            and Agile” mindset to          by using Global best
solution to drive efficiency          drive continued            practices in context of
                                                                                           Increasing store     Improving allocation
and sales growth                        innovation                   brands needs
                                                                                                sales                accuracy

                                                                                                                                  10
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04         STRATEGIC ACQUISITIONS OR
           PARTNERSHIPS

MAA continues to identify new opportunities with global best partners to ensure long term growth
throughout Southeast Asia.

• Partnership: Now operating Foot Locker in 6 countries throughout Southeast Asia

• Partnership: Joint Venture with Sports Direct and Aldo in multiple countries




                                                                                                   11
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 MULTIBRAND STORES
PLANET SPORTS Bintaro Xchange, 15-12-2023       INDONESIA   SPORTS DIRECT Plaza Senayan, 31-01-2024          INDONESIA




SPORTS STATION Summarecon Bandung, 18-01-2024   INDONESIA   ROYAL SPORTING HOUSE PSx Palembang, 16-02-2024    INDONESIA




                                                                                                                          12
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   MONOBRAND STORES

SKECHERS                                 ALDO                                        CONVERSE
Senayan City, 21-07-2024   INDONESIA     The Mall Bengkapi, 19-01-2024    THAILAND   Raffles City, 7-02-2024   SINGAPORE




HOKA                                     CROCS                                       CONVERSE                  MALAYSIA
Greenhills, 14-03-2024     PHILIPPINES   Bintaro Xchange, 26-01-24       INDONESIA   TRX Store, 12-01-24




                                                                                                                           13
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   MONOBRAND STORES

LEGO                                        STEVE MADDEN                               NEW BALANCE
Senayan City, 17-05-2024        INDONESIA   Summarecon Bandung, 18-01-2024 INDONESIA   Galleria Cebu, 27-01-2024     PHILIPPINES




FLIPFLOP                                    REEBOK                                     DR.MARTEN
Grand East Outlet, 05-12-2023   INDONESIA   Kota Kasablanka, 30-08-23   INDONESIA      Bintaro Xchange, 26-01-2024   INDONESIA




                                                                                                                                   14
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FOOTLOCKER

FOOTLOCKER Bintaro XChange, 26 -01-2024   INDONESIA   FOOTLOCKER Mall Bengkapi, 19-01-2024        THAILAND




FOOTLOCKER Margo City, 29 -03-2024        INDONESIA   FOOTLOCKER Summarecon Bandung, 23-02-2024   INDONESIA




                                                                                                              15
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FINANCIAL
HIGHLIGHT


            16
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FINANCIAL HIGHLIGHTS

                      Q1      Q1                 FY        FY
    in IDR Billion                   % Growth
                     2024    2023*              2023     2022*
   Net Sales         3,693   2,724     35.6%    13,559   9,801
   Gross Profit      1,768   1,340     32.0%    6,597    4,690
    % Margin         47.9%   49.2%              48.7%    47.9%
   EBIT               405     367      10.3%    2,033    1,574
    % Margin         11.0%   13.5%              15.0%    16.1%
   EBITDA             707     549      28.8%    2,963    2,253
    % Margin         19.2%   20.2%              21.9%    23.0%
   Net Profit         283     262      8.0%     1,384    1,174
    % Margin         7.7%    9.6%               10.2%    12.0%
                                                          *As Restated
                                                                         17
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NET SALES & GROWTH ( IDR bn, % )


                    1Q24     2023     2022   2021    2020     2019
    % GROWTH YoY    35.6%    38.3%   62.2%   26.4%   -36.0%   19.6%

                            13,559
                            13.559
      NET SALES

                                     9,801
                                     9.801

                                                              7,473
                                                              7.473
                                             6,042
                                             6.042
                                                     4,781
                                                     4.781
                   3,693
                   3.693




                   1Q24      2023    2022    2021     2020     2019



                                                                      18
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ONLINE PLATFORM
                     ACTIVE                  3rd Party Marketplace
Planet Sports.asia      Newbalance ID    SHOPEE
Sportstation.ID         Converse ID      LAZADA
Lineashoes.com          Converse PH      TOKOPEDIA
Footlocker ID           Converse SG      ZALORA
Footlocker PH           Converse MY
Footlocker SG           Converse VN      WHATSAPP CHAT AND BUY
Footlocker MY           Stevemadden ID
Footlocker VN           Fitflop ID                   MAP CLUB
Footlocker TH           Fitflop PH
Kidz Station            ALDO TH
                                                          SUMMARY
Reebok ID               ALDO MY
                                         Online Platforms       :    30
Crocs ID                ALDO SG          3rd Party Platforms    :    4
Skechers ID             ALDO ID
BricksActive.ID         HOKA ID
Hoka PH                                                                   19
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ONLINE CONTRIBUTION

                                          DIGITAL SALES PERFORMANCE
             CHANNEL                      1Q24        1Q23   2023    2022   2021
                           CONTRIBUTION
            BREAKDOWN
                                          10.0%      9.1%    9.1%    8.9%   13.6%

                                                             1,234
                                                             1.234

                                                                      876    825
                                                  48.2%

                                          369
                                                      249



 49.9%             50.1 %                 1Q24       1Q23    2023    2022   2021
Own Sites          3rd Party
                   Marketplace


                                                                                    20
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INVENTORY LEVEL (Days, %)



   AGING INVENTORY    1Q24   2023   2022   2021      2020

                      22%    21%    18%    45%       38%

    INVENTORY DAYS
                                                     255
                                             237

                      174     182    177




                     1Q24    2023   2022   2021    2020


                                                            21
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BALANCE SHEET (IDR bn)


                          As of      As of      As of                                      As of      As of      As of
          ASSETS       31 MAR ’24 31 DEC ’23 31 DEC ’22*    LIABILITIES & EQUITY        31 MAR ’24 31 DEC ’23 31 DEC ’22*
                          (UA)        (A)        (A)                                       (UA)        (A)        (A)

 CASH & EQUIVALENTS       673       1,099       1,342      BANK LOAN                       927        731          99

 ACCOUNT RECEIVABLES      636        610         446       ACCOUNT PAYABLE                1,574      1,498        994

                                                           EMPLOYEE BENEFIT
 INVENTORIES             5,065      4,315       2,733                                      177        172         144
                                                           OBLIGATIONS
 PROPERTY, PLANT,
                         1,983      1,814        880       LEASE LIABILITY                1,789      1,736       1,180
 EQUIPMENT

 ROU - NET               2,035      1,947       1,259      OTHER LIABILITIES               867        789         536

                                                           EQUITY & MINORITY
 OTHERS                  1,105      1,019        766                                      6,163      5,878       4,473
                                                           INTEREST

 TOTAL ASSETS           11,497      10,804      7,426      TOTAL LIABILITIES & EQUITY    11,497      10,804      7,426

                                                                                                                *As Restated
                                                                                                                               22
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BIGGER
A company who global brands trust to
execute with upmost consistency
throughout the region



BETTER
A company of strength constantly moving
forward, finding new ways to win, well positioned
for sustainable growth



STRONGER
Increasing our portfolio as more best in class,
global brands, desire us to be their valued
custodian
                                                    23
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THANK
 YOU



        24

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