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Page 1
PUBLIC EXPOSE
PT DIAN SWASTATIKA SENTOSA TBK
Tuesday, June 25, 2024
Page 2
Agenda
 COMPANY OVERVIEW


 OPERATIONAL REVIEW FY2023


 FINANCIAL REVIEW FY2023


 BUSINESS STRATEGY


 COMPANY SHARE
Page 3
Agenda
 COMPANY OVERVIEW


 OPERATIONAL REVIEW FY2023


 FINANCIAL REVIEW FY2023


 BUSINESS STRATEGY


 COMPANY SHARE
Page 4
Business Lines




 Coal Mining and   Power and Steam     Fertilizer and   Technology
    Trading          Generation      Chemical Trading
Page 5
Corporate Structure (as of December 31, 2023)
                                          PT Dian Swastatika Sentosa Tbk
                                                     (“DSSA”)




                                                         Fertilizer and
   Coal Mining and Trading      Power Generation                                Technology
                                                          Chemical                                 Other Investments
    & Supporting Business     & Supporting Business                              Business
                                                           Trading




           GEMS                DSSE                          RKN                  DSST             SSS          DSSI
                                            EMAS
           Group               Group                        Group                 Group           Group        Group


Coal Mining and Trading                    Technology Business                        Other Investments
GEMS : PT Golden Energy Mines Tbk          DSST : PT DSST Mas Gemilang                SSS    : PT Sinarmas Sukses Sejahtera
                                                                                      DSSI : PT DSSA Mas Infrastruktur

Power and Steam Generation                 Fertilizer and Chemical Trading
DSSE : PT DSSE Energi Mas Utama            RKN     : PT Rolimex Kimia Nusamas
EMAS : PT Energi Mas Anugerah Semesta                                                 No. of subsidiaries     :    90 entities
                                                                                      No. of employees        : 2,368 persons
Page 6
    Boards of the Company
    (AGM Resolution – June 25, 2024)
                                                        Board of Commissioners




  Franky O. Widjaja       Handhianto S. Kentjono         Evita H. Legowo          Robert A. Simanjuntak            F.X. Sutijastoto         Hendrikus Passagi
 President Commissioner         Commissioner          Independent Commissioner     Independent Commissioner     Independent Commissioner   Independent Commissioner



                                                                Board of Directors




Lay Krisnan Cahya         Lokita Prasetya       Hermawan Tarjono         Daniel Cahya             Alex Sutanto            David F. Audy         Mona A. Susanto
 President Director   Vice President Director        Director                Director                Director                 Director                Director
Page 7
Agenda
 COMPANY OVERVIEW


 OPERATIONAL REVIEW FY2023


 FINANCIAL REVIEW FY2023


 BUSINESS STRATEGY


 COMPANY SHARE
Page 8
Coal Mining and
Trading
Page 9
Main Site Locations
          Blok KIM
          Jambi
             Blok BSL
             South Sumatra     TKS
                               Central Kalimantan
                                  BIB
                                  South Kalimantan




             Blok WRL
             South Sumatra
      Blok ASL               Blok SKS & PMS
      South Sumatra          Central Kalimantan
Page 10
Operational Performance
 Production Volume           Sales Volume                  Revenues
       (million MT)               (million MT)            (million USD)
          +12%        56              +11%       57   5.684

  50                         51

                                                                      4.673

                                                               -18%




 FY2022           FY2023   FY2022            FY2023   FY2022          FY2023
Page 11
Power
Generation
Page 12
Power Plant Locations

                   IPP PLTU Sumsel-5***
                   South Sumatra

                                     IPP PLTU Kalteng-1***
                                     Central Kalimantan




                                                     IPP PLTU Kendari-3***
                                                     Southeast Sulawesi

Captive Power Plant*       Captive Power Plant**
      Serang                    Karawang-1
Captive Power Plant*       Captive Power Plant**
     Tangerang                 Karawang-2            Notes:
                                                     *) has been transferred to PT Indah Kiat Pulp & Paper Tbk
                                                     **) has been transferred to PT Pindo Deli Pulp And Paper Mills
                                                     ***) minority investment
Page 13
Fertilizer and
Chemical Trading
Page 14
Operational Performance
                          Sales Volume                                          Revenues
                                                                                (million USD)
    Fertilizer               Chemical                 Pesticide
  (thousand MT)            (thousand MT)            (thousand kL)
                                                                                    +33%    208
                                   +24%    148              +12% 4.950
          +57%    243


                           119                     4.406                  157


  155




 FY2022          FY2023   FY2022          FY2023   FY2022       FY2023   FY2022            FY2023
Page 15
Technology
Page 16
Technology Business
                                         PT DSST Mas Gemilang




Pay TV and Internet
                      Digital Solution          Medical         Data Center   Other Investments
     Services
Page 17
Pay TV and Internet Services

             MyRepublic Indonesia is a provider of fiber optic internet and
           subscription TV services that offers solutions for the internet and
                   entertainment needs of customers in Indonesia.
Page 18
MyRepublic’s Performance
    Subscribers                                 Homepass                                  Revenues
  (thousand people)                      (thousand home-passes)                           (million USD)
                                                           3.358                              +39%        92
                   526                              +93%
          +73%



                                                                                     66


  304
                                            1.740




 FY2022           FY2023                   FY2022          FY2023                   FY2022           FY2023

          MyRepublic has expanded to more than 45 out of 98 cities in Indonesia, spread across the
                            islands of Java, Sumatra, Kalimantan and Sulawesi.
Page 19
Agenda
 COMPANY OVERVIEW


 OPERATIONAL REVIEW FY2023


 FINANCIAL REVIEW FY2023


 BUSINESS STRATEGY


 COMPANY SHARE
Page 20
Consolidated Revenues (million USD)
7000

                                             5.956
6000

                                                     5.015    The Company recorded a
5000
                                                             decrease in revenue of 16%
                                                               y-o-y in 2023, which was
4000                                                         mainly due to a decrease in
                                                                 income from the coal
                                                             business due to a decrease
3000                                                         in the average selling price
                                     2.165                              of coal.
2000                 1.666
                             1.507

1000


   0

       *) restated
Page 21
Financial Highlight
                              FY2022*          FY2023
                                                             Changes
                             (million USD)   (million USD)
    Gross Profit                2,638           2,072         -21%
    Operating Profit            1,777           1,255         -29%
    Profit Before Tax           1,600            1,181        -26%
    Profit for the Year         1,298            865          -33%


                              FY2022*          FY2023
                                                             Changes
                             (million USD)   (million USD)
    Current Assets              2,264           1,383         -39%
    Noncurrent Assets           4,233           1,680         -60%
    Total Assets                6,497           3,063         -53%
    Current Liabilities         1,667            825          -50%
    Noncurrent Liabilities      1,772            517          -71%
    Total Liabilities           3,439           1,342         -61%
    Total Equity                3,058           1,721         -44%

   *) restated
Page 22
Financial Ratios
                              FY2022     FY2023


Current Ratio                     136%       167%


Liabilities to Equity Ratio       112%       78%


Liabilities to Assets Ratio       53%        44%


Return on Assets                  20%        28%


Return on Equity                  42%        50%


Gross Profit Margin               44%         41%
Page 23
Revenue Distribution
                 FY2022                                 FY2023


                                             0%
     0.0%
    1%                                     1%
   1%                                     2%
  3%                                95%   4%                               93%




        Coal Mining and Trading                Coal Mining and Trading
        Fertilizer and Chemical Trading        Fertilizer and Chemical Trading
        Multimedia                             Multimedia
        Power and Steam Generation             Power and Steam Generation
        Others                                 Others
Page 24
Agenda
 COMPANY OVERVIEW


 OPERATIONAL REVIEW FY2023


 FINANCIAL REVIEW FY2023


 BUSINESS STRATEGY


 COMPANY SHARE
Page 25
Business Strategy
                             Business                       Strategy

                   • Coal Mining and Trading   • Increase coal production volume
                     Business                    to up to 50 MT


                   • Power and Steam           • Develop new and renewable
                     Generation Business         energy businesses (geothermal
                                                 and solar)

   2024
    (estimation)
                   • Fertilizer and Chemical
                     Trading Business
                                               • Increase sales of specialty
                                                 chemical products for various
                                                 industries

                   • Technology Business       • Strengthen our technological
                                                 infrastructure
                                               • Create digital innovations
                                               • Maximize cooperations and
                                                 investments in tech start-ups
Page 26
Power Generation Business
Solar PV Developer & Manufacture                                  Company Structure
                                                                                   Dian Swastatika Sentosa
               Solar PV Developer
                                                                                                       99.99%
Company                                                                            DSSE Energi Mas Utama
               PT Daya Mas Agra Sejahtera
Name                                                                                                   99.99%

                                                                                 Daya Anugerah Sejati Utama

               The Company, through PT Daya            99.99%
                                                                                                       99.99%

Company        Surya Mas Makmur, established a      Daya Surya Mas Makmur        Daya Sukses Makmur Selaras

Description    solar panel development business                                                        49.00%

               under the Dian Solar brand.          Daya Mas Agra Sejahtera         Trina Dian Agra Energi
                                                                                                      75.00%

                                                                                  Trina Mas Agra Indonesia
              Solar PV Manufacture
Company        PT Daya Sukses Makmur Selaras                    Development Progress
Name           (”DSMS”)
                                                   Solar PV Developer (Sentul)   Solar PV Manufacture (Kendal)
               The Company, through DSMS,
               formed a joint venture with Trina
Company        Solar & PLN IP Renewable to
Description    produce 1 GW solar panel cells
               and modules in KEK Kendal,
               Indonesia.
Page 27
Technology Business
                                                                        Company Structure


      Your 360 o Data-Driven Engagement Solutions                     Dian Swastatika Sentosa

Company Name   PT Eka Nusantara Gemilang (1Engage)
                                                                                   99.99%

Website        https://www.1engage.ai/                                  DSST Mas Gemilang

               1Engage is a Business Solution Partner from                         99.99%
               Meta/Facebook to implement an Omni-channel
               Marketing Platform with a focus on Marketing, Data &
               AI aspects:
                                                                      Eka Nusantara Gemilang

               1. Customer Data Platform
               Combine data, personalize experiences, and create
Services
               impactful customer journeys on the channels they               Clients
               use most

               2. Marketing Services
               Create bold ideas, revolutionary perspectives, and
               impactful results

               3. Professional Services
               Build customized end-to-end solutions on WhatsApp
Page 28
 Technology Business                                  Company Structure
              Data Center
                                                    Dian Swastatika Sentosa
Company        PT SMPlus Digital Investama
Name           (“SMPlus”)
                                                                  99.99%
               SMPlus owns data centers
               located in Tangerang, Bogor,
               Cirebon,   Semarang,    Solo,          DSST Mas Gemilang
               Jember,    Malang,    Jambi,
               Padang,     Aceh,     Batam,                       99.99%
               Banjarmasin, Makassar, and
               Manado.
                                                    SMPlus Digital Investama
Company
               SMPlus also plans to enter into a
Description                                                       99.99%
               partnership with LG CNS Co., Ltd,
               focuses on data center and
               cloud computing businesses.             SMPlus Sentra Data
               This aims to expand the
               presence of other IT services in
               Indonesia, including services for                  99.99%
               the smart city and financial
               sectors.                            SMPlus Sentra Data Persada
Page 29
Agenda
 COMPANY OVERVIEW


 OPERATIONAL REVIEW FY2023


 FINANCIAL REVIEW FY2023


 BUSINESS STRATEGY


 COMPANY SHARE
Page 30
Company Share
                • The Company's share price increased from
                  Rp77,000 per share at the beginning of
                  2024 to Rp240,000 per share as of June 21,
                  2024, or equivalent to a 311.7% increase.

                • The Company submitted a stock split
                  request to IDX on May 17, 2024, and plans to
                  hold an EGM to obtain shareholder
                  approval on June 25, 2024 to carry out the
                  stock split.

                • The trading volume of the Company's
                  shares increased, from 100,800 shares in
                  the 1st quarter of 2024, to 1,358,400 shares
                  in the period of 1 April – 21 June 2024.
Page 31
Analysis on the Causes of Increase in the
Company's Share Price
1.   Share market prices can be influenced by market mechanisms which tend to react to various information and complex market
     developments and therefore the Company cannot identify or know specifically the exact cause of the significant increase in the
     Company's share price.

2.   Several corporate actions that might influence the increase in share prices:
      a. Buyback of 154,105,327 Company Shares
      • The availability of fewer shares increases the relative value of each available share;
      • Reduced number of shareholders willing to carry out sales transactions, due to 19.99% of the Company's shares have been bought
        back; and
      • Share buyback provides a signal to the market that the Company's management believes in the Company's long-term prospects,
        thereby increasing investor confidence and encouraging buying interest, which leads to further increases in share prices.

      b. Stock Split Plan
      • The Company's share price will become more affordable for investors.
      • The stock split will increase the number of shares outstanding.
      • Trading of the Company's shares will become more liquid, and the Company's shares will be more attractive to investors.

      c. Issuance of Shelf Registration Bonds and Sukuk
      • The Company issued bonds with a very positive rating idAA from Pefindo

3.   Shares trading volume is increasing and is expected to continue to increase after the stock split takes place.
Page 32
Thank You
PT DIAN SWASTATIKA SENTOSA TBK
Tuesday, June 25, 2024

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Names mentioned 29 people and organisations named in the text · linked when the evidence is strong

linked org DIAN SWASTATIKA SENTOSA TBK p.1 ×11
linked org Golden Energy Mines Tbk p.5 ×2
linked org PT DSST Mas Gemilang p.5 ×4
linked org Sinarmas Sukses Sejahtera p.5
linked person Handhianto S. Kentjono p.6
linked org Sukses Makmur p.26 ×2
linked org SMPlus Sentra Data Persada p.28
possible person Robert A. Simanjuntak p.6
possible person Lokita Prasetya p.6
possible person Alex Sutanto p.6
unresolved org PT Sinarmas Sukses Sejahtera DSSI p.5
unresolved org PT DSSA Mas Infrastruktur Power p.5
unresolved org PT DSSE Energi Mas Utama p.5
unresolved org PT Rolimex Kimia Nusamas EMAS p.5
unresolved org PT Energi Mas Anugerah Semesta p.5
unresolved person H. Legowo p.6
unresolved person Vice · President Director p.6 ×2
unresolved org PT Indah Kiat Pulp p.12
unresolved org Paper Tbk p.12
unresolved org PT DSST Mas Gemilang Pay TV p.16
unresolved org PT Daya Mas Agra Sejahtera Name p.26
unresolved org PT Daya Sukses Makmur Selaras p.26
unresolved — Solar PV Developer (Sentul) p.26
unresolved org PT Eka Nusantara Gemilang (1Engage) · Company Name p.27
unresolved org PT Eka Nusantara Gemilang p.27
unresolved org PT SMPlus Digital Investama Name p.28
unresolved org LG CNS Co., Ltd p.28
unresolved — cloud computing businesses. p.28

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