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Page 1
PUBLIC EXPOSE




                   Presentation by
      Anthony Mc Evoy (President Director)
                Jakarta, June 27th 2024      1
Page 2
           • Our Story

           • MBA Overview

           • Our Strategies
TABLE OF
CONTENTS   • 2023/2024 Financial Highlights

           • 2023/2024 Marketing &
             Operation Highlights

           • ESG / Sustainability Initiatives

                                                2
Page 3
                  Launch of



                                                                                                    OUR
                                                Launch of                      IPO of MBA



 2002                             2008                          2016
 Launch of        2006            Launch of     2013           Partnership      2017
                                                                                                   STORY
                                                                   with
                                                                General
                                                                 Atlantic




                 Acquisition of               Ventured into 10 new cities,
                                               passed a key milestone
                                               of over 700 stores across
 2018                             2021                 Indonesia                                2023
Acquisition of    2019            Launch of           2022                   • Starbucks & Subway obtained LPPOM MUI Halal
                                                                               Award 2023
                                                                             • MBA obtained “The Best Consumer Cyclicals
                                                                               Sector on The Development Board” - Certified
                                                                               Securities Analyst Awards 2023
                                                                                                                              3
Page 4
MBA Overview (Q1 2024)
 843            8   PREMIUM     7,710
RETAIL STORES   F&B BRANDS       EMPLOYEES


                                A MEMBER OF
                 LISTED ON

   59
                                MAP GROUP
                INDONESIA
                   STOCK         STRATEGIC
   CITIES       EXCHANGE      PARTNERSHIP WITH
                              GENERAL ATLANTIC




                                                 4
Page 5
        607 stores    MBA Overview
        104 stores       (Q1 2024)
         35 stores
         3 1 stores
         22 stores
         21 stores
         17 stores
          6 stores
TOTAL   843 stores
                                     5
Page 6
      OUR
STRATEGIES
SCULPTING THE FUTURE


                       6
Page 7
Unifying Retail Experience Options
Seamless experience at all touch points:
         • Stores
         • Mobile App		
         • Drive-thru
         • Delivery Aggregators
         • Third-party marketplace




                                           7
Page 8
       Execute Digital Change
Unlocking value from our existing assets and expanding
   our market through digitization of our ecosystem.




        One Data
                •
       Real-time targeted
         & Personalized
           Promotions
                •
         Insight-driven
            products                                     Leverage MAPCLUB
                •                                        • Enables our customers to accumulate or burn points.
                                                         • Increase the average basket size and optimized
          Digital wallet
                                                           cross-selling across the entire MAP Group network.
                •
                                                                                                                 8
Page 9
 2023/2024
 Financial
Highlights



             9
Page 10
Consolidated Income Statement
                  *     *




   *as restated                 10
Page 11
                                                Net Sales
                                       3,999

                                       16.4%     3,437
                                                                          3,095
                                                 41.4%
                                                         2,431            20.1%
                                                                 2,044
                                                         18.9%
                                                                 -33.9%

                  788



              Q1 2024 UA                 2023    2022    2021     2020    2019

Presented in Billion Rupiah.
Percentage in chart bar indicated % Growth.                                       11
Page 12
                                                    EBIT
                                                 219                        223

                                          171
                                                758.9%                      37.7%
                                       -21.7%
                                                           25
                                                         116.7%

                  (26)
                                                                  -168.3%

                                                                   (153)

               Q1 2024 UA                2023    2022     2021      2020    2019 *
Presented in Billion Rupiah.
Percentage in chart bar indicated % Growth.                                          12
*Prior PSAK 73 / IFRS 16
Page 13
                                                     EBITDA
                                              751    729

                                          3.0%       33.3%
                                                             547

                                                             36.2%            457
                                                                     402
                                                                              29.3%
                                                                     -12.1%
                      125



                 Q1 2024 UA                   2023   2022    2021     2020     2019*
Presented in Billion Rupiah.
Percentage in chart bar indicated % Growth.                                            13
*Prior PSAK 73 / IFRS 16
Page 14
                                        Net INCOME (LOSS)
                                                                            166
                                                135
                                        105
                                                                           49.7%
                                               1106.2%
                                     -22.7%
                                                         91.8%

                 (22)                                    (13)

                                                                 -199.4%


                                                                  (165)
             Q1 2024 UA                 2023    2022     2021     2020      2019*

Presented in Billion Rupiah.
Percentage in chart bar indicated % Growth.                                         14
*Prior PSAK 73 / IFRS 16
Page 15
               BALANCE SHEET
                               *   *




                                       15
*as restated
Page 16
  2023/2024
 MARKETING
      &
OPERATIONAL
 Highlights


              16
Page 17
                               - Major Milestone
                   2023: Opening in New Cities
Megaland,
Pematang Siantar
                     Diponegoro,        Ahmad Yani,
                     Palangka Raya      Padang




                                                      17
Page 18
                - Major Milestone
2023: 20th Reserve Store in Indonesia
    Starbucks Reserve Metropole, Jakarta




                                           18
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                     - Major Milestone
                    2023: First Certified Greener Store
                    - Starbucks developed the Greener Store Standard with WWF
                      and SCS Global Services.
                    - Starbucks Adhyaksa is the only certified Greener Store in 		
                    		 Indonesia.

                            - Key features of Starbucks Adhyaksa:
                              1. Plant-based food and milk options
                              2. 75% reduction in plastic waste with ceramic
                                 dine-in ware and reusable tumblers
                              3. White roof meeting Solar Reflectance Index (SRI)
                              4. 100% LED lighting
                              5. Energy-saving water filters, refrigerators, and
                                 smart control AC
Adhyaksa, Jakarta             6. Electric Vehicle charging stations
                                                                                     19
Page 20
                               - Major Milestone
             Regional Barista Championship




1st Place in Starbucks Latte Art     2nd Place in Regional
     Barista Championship           Barista Championship
                                                             20
Page 21
                      - REWARDS
Grab Links, Multi Tier Redemption, Mobile Order & Pay




                                                        21
Page 22
                      - MAJOR CAMPAIGN
Coffeemezation 2023   Starbucks Indonesia Anniversary 2023




                                                             22
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- MAJOR CAMPAIGN
BLACKPINK




                   23
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       - MAJOR CAMPAIGN
Drive Thru Program 2024




                          24
Page 25
                   - MAJOR CAMPAIGN
Earth Month: Plant based beverage, Vegan Food and
          Upcycled Merchandise Launch




                                                    25
Page 26
         - PLANNER 2024
Collaboration with DuAnyam




                             26
Page 27
          - PRODUCT INNOVATION
City Collection x Purana 2023




                                 27
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              - PRODUCT INNOVATION
Disney 2023       Daffoart (Autism Illustrator)




                                                  28
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                - PRODUCT INNOVATION
Starbucks Indonesia 22nd Anniversary 2024




                                            29
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 - major milestone
New Store: Discovery Mall - Bali




                                   30
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- PRODUCT INNOVATION
   Captain Fish




                       31
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- PRODUCT INNOVATION
   Subway Series




                       32
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- PRODUCT INNOVATION
   Ramadan Series




                       33
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            - MAJOR MILESTONE
New Store: PAKUWON MALL, SURABAYA




                                    34
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        - PRODUCT INNOVATION
GODIVA Soft Serve Pistachio




                               35
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 - ANNIVERSARY
Celebrating GODIVA 10th Anniversary!




                                       36
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              - MAJOR MILESTONE
New Store Opening in 2023 - CANGGU, BALI




                                           37
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                     - PRODUCT INNOVATIONS
                       New Products Development




        4 New Flavors in May 2024:
Strawberry Cheesecake, Blueberry Lavender,
       Green Tea & Peach Yoghurt.
                                                  38
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                    - PRODUCT INNOVATIONS
Ramadan Ice Cream Cakes                 Ramadan Ice Cream
                                                       Es Kopyor
                                        Kastengel




                                                           Nastar
                       Sweet Symphony

                                            Es Teler


Ramadan Kareem


          Blissful Bites
                                                                    39
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- PRODUCT INNOVATIONS
   New Product Development
      From Japan To You -
      Trip To Hokaido 2023




             From Japan To You -
                Trip To Tokyo 2023
                                     40
Page 41
- PRODUCT INNOVATIONS
   New Product Development
       Ramadan 2024




           From Japan To You -
           Trip To Fukuoka 2024



                                  41
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      - ANNIVERSARY
Celebrate 10th Anniversary with Genki Sushi Greatest Menu




                                                            42
Page 43
          - ANNIVERSARY
Krispy Kreme 17th Anniversary - Collaboration with New Era




                                                             43
Page 44
    - MAJOR MILESTONE
2023 New Store Opening - Lippo Keboen Raya




                                             44
Page 45
          - PRODUCT INNOVATIONS
                 New Product Development

Summer Picnic 2023     Ramadan 2023    KK X Snazzy Boom 2023




                                                               45
Page 46
              - MAJOR MILESTONES
                            2023 New Store Opening




        Central Park                Paskal 23    Bandara Terminal 3

                                                             TSM Bandung




Cipete - 1st Stand Alone Store    Senayan Park                             46
Page 47
              - PRODUCT INNOVATIONS
                        New Product Development




Art of Croissant 2023     PAUL X Tolak Angin 2024   Ramadan 2024
                                                                   47
Page 48
         - MAJOR MILESTONES
Pizza Marzano Classic Express 2023




                                     48
Page 49
      - PRODUCT INNOVATIONS
New Product Development




                          Pizza Marzano X Munik
                          Ramadan 2023
 Pizza Wrap 2023
                                                  49
Page 50
       - PRODUCT INNOVATIONS
Pizza Marzano Latest Menu 2024




                                 50
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      - ANNIVERSARY
Pizza Marzano 17th Anniversary




                                 51
Page 52
                AWARDS


Best Consumer
Cyclicals Sector
     on the
 Development
     Board
- CSA Award 2023 -
                         52
Page 53
                   AWARDS


1st Place in Starbucks Latte
Art Barista Championship

  2nd Place in Regional
 Barista Championship

                               53
Page 54
                 AWARDS



Longlife Achievement
  (Food Category)

- LPPOM MUI Halal Award -

                            54
Page 55
                  AWARDS



  Best New Comer
  (Food Category)

- LPPOM MUI Halal Award -

                            55
Page 56
 2023/2024
NEW STORES


             56
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Starbucks IR SOEKARNO, BITUNG - SULAWESI




                                           57
Page 58
Starbucks PEMATANG SIANTAR - SUMATERA UTARA




                                              58
Page 59
Starbucks AHMAD YANI - PADANG




                                59
Page 60
Starbucks GAJAHMADA - MOJOKERTO




                                  60
Page 61
Starbucks BATU - MALANG




                          61
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Starbucks RESERVE PIK LANDSLIDE




                                  62
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Starbucks AHMAD YANI - banjarmasin




                                     63
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Starbucks WOLTER MONGiNSIDI




                              64
Page 65
                   SUBWAY




GAJAH MADA - SEMARANG       IJEN - MALANG
                                            65
Page 66
SUBWAY LIPPO MALL - YOGYAKARTA




                                 66
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SUBWAY ICON bali




                   67
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Godiva PIK AVENUE




                    68
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Godiva PAKUWON MALL - SURABAYA




                                 69
Page 70
SUSTAINABILITY
  INITIATIVES


                 70
Page 71
“Less Plastic Policy”            Plastic reduction initiatives
                                      through “Greener
                                    Nusantara” initiative.
                                 Use of “greener” materials
                                   in all Starbucks stores.




        “   Recycled PET Cups,
              Paper Straws,
                            “
             Wooden Stirrers
                                                                 71
Page 72
Caring for               Collaborating with Planet Water
The Communities        Foundation, we built 16 water towers
                         that provide clean water to the
Where We Do Business       surrounding communities.




                                                              72
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Ethically Sourced Coffee
    99.7%* of Starbucks coffee beans are
   sourced from farmers that implement
Coffee and Farmer Equity (C.A.F.E) practices.




*Source: Starbucks Global Environmental and Social Impact Report Page 19.               73
https://stories.starbucks.com/uploads/2024/02/2023-Starbucks-Global-Impact-Report.pdf
Page 74
Starbucks Farmer
Support Center
in Brastagi
Support the establishment of
   Farmer Support Center
         in Brastagi.
   Helping local farmers to
   implement sustainable
 agriculture practices, which
 increase the quality of their
coffee beans and livelihoods.
                                 74
Page 75
Employment   Creating jobs and income
             for over 7,000 employees,
              as at end of March 2024.




                                         75
Page 76
EQUALITY   Our employees consisted of
           43% Female and 57% Male,
            as at 31st December 2023.




                                        76
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EQUALITY    Opening of the first Starbucks
           “Signing Store” dedicated to the
            hearing-impaired community.




                                              77
Page 78
EDUCATION
Opening of Starbucks community store
in Tanah Abang, Jakarta in 2020, which
   helps provide quality education to
     the surrounding communities.




                                         78
Page 79
PINK OCTOBER CAMPAIGN
   Support breast
 cancer awareness
in collaboration with
       Love Pink
     Foundation.




                          “ Selected products are
                        associated with the Campaign
                                                 “
                         and part of the sales will be
                            donated to Love Pink.


                                                         79
Page 80
BOOK DONATIONS BY KRISPY KREME & STARBUCKS
                            Krispy Kreme’s “Buku untuk Sahabat” project and
                             Starbucks’ participation in “Book for the Future”
                                 collectively donated over 10,000 books.




“   In collaboration with
      ISCO Foundation,
        Sahabat Anak
       Foundation, and
       Taman Bacaan
         Masyarakat     “
     “Lentera Pustaka”.                                                          80
Page 81
CARE FOR ENVIRONMENT
       KRISPY KREME and “Operasi Semut” cleaned
  the CFD area, collecting over 18,000 kg of waste and
distributing doughnuts to walkers and runners (Mar’24).




                                                          81
Page 82
CARE FOR ENVIRONMENT
 COLD STONE teamed up with
Bumi Kita for a beach clean-up
at Legian Beach, Bali (Mar’24).




                                  82
Page 83
Voluntary Works    In 2023, our employees built
with Habitat for     5 temporary shelters and
Humanity              9 sanitation systems for
                   Cianjur earthquake refugees.




                                                  83
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Humanitarian Aid for Gaza
• 17th May 2024:
During Starbucks’ 22nd anniversary, The Starbucks
Foundation and Starbucks Indonesia announce
a joint donation of IDR 5 billion in humanitarian
aid for Gaza.
• The aid was provided to the World Central
Kitchen, which will provide >100 thousand meals
in Gaza.




                                                    84
Page 85
THANK
 YOU

        85

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