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Page 1
PAPARAN PUBLIK
PT Catur Sentosa Adiprana Tbk



Jakarta, 27 Juni 2024

Indonesia’s Largest Building Materials & Home Improvement
Retail and Distribution
Page 2
                       Company Milestones
                                                                                                           FMCG
                                                                                                        Distribution
                                                                                                        established
                                                                 PT Catur Sentosa
                                      PT Kusuma Kemindo         Adiprana Tbk (CSAP)
                                       Sentosa Tbk (KKES)           listed at IDX
                                      listed at IDX in 2022


                                           Chemical
                   PT Catur Sentosa       Distribution
                       Adiprana           established
                     established                                                                                                                • 50 Branches Building
                                                                                                                       Strategic Partner with     Materials Distribution
   Operated                                                                                                                                     • 50 Stores Mitra10
traditionally in                                                                                                                                • 23 Stores Atria
    Jakarta                                                                                                                                     • 57 Branches of FMCG
                                                                                      Home Furnishing                                             Distribution
                                                                                       Modern Retail                                            • 5 Branches of
                                                                                        established                                               Chemicals Distribution
                                                 Building Materials and
                                                  Home Improvement
                                                     Modern Retail
                                                       established
Page 3
                             Shareholding Structure
                                      SCG Retail Holding        NT Asian Discovery            Albizia Asean
   PT Buanatata Adisentosa                                                                                                   Management                         Public
                                           Co. Ltd.                Master Fund              Opportunities Fund
                   32.01%                         30.90%                    13.18%                       10.00%                       6.23%                              7.68%




                                    DISTRIBUTION                                                                                  MODERN RETAIL
                                                      40.80%                   99.00%                                                 99.00%              99.90%
             Building Materials                Chemicals            Consumer Goods                                         Home Furnishings          Building Materials & Home
           (50 Distribution Area)             (5 Branches)        (57 Distribution Area)                  60.00%
                                                                                                                             (23 Stores)              Improvement (50 Stores)
                                          PT Kusuma Kemindo                                                             PT Catur Sentosa Berhasil       PT Catur Mitra Sejati
99.00%   PT Catur Karda Sentosa *                               PT Catur Sentosa Anugerah   PT Catur Berkat Bersama *
                                           Sentosa Tbk (KKES)                                                                    (Atria)                 Sentosa (Mitra10)
90.00%    PT Caturaditya Sentosa                                               99.90%

51.00%   PT Caturadiluhur Sentosa                               PT Catur Sentosa Adiprima
            PT Catur Logamindo
70.00%                                                                                                                                                                      99.90%
                  Sentosa
                                                                                                                                              PT Mitra Hasil Sentosa *
55.00%    PT Catur Hasil Sentosa                                                                                                                                            99.71%
                                                                                                                                               PT Mitra Bali Indah *
51.00%   PT Eleganza Tile Indonesia

                                                                                                                                               * Not Operating
Page 4
               CSAP: Nationwide Operation




50 Building Materials   5 Chemicals Distribution   57 FMCG/Consumer       50 Stores Mitra10     23 Stores Atria Home
Distribution Branches         Branches              Goods Distribution   Building Materials &        Furnishing
                                                        Branches         Home Improvement
Page 5
Board of Commissioners
                                         • Achmad Widjaja - President Commissioner
                                     1

                                         • Paramate Nisagornsern - Commissioner
                                     2

                                         • Kenneth Ng Shih Yek - Commissioner
                                     3

                                         • Justin Seow Han Yong - Commissioner
                                     4
                                         • Justinus Aditya Sidharta - Independent
                                     5     Commissioner

                                         • Henny Ratnasari Dewi - Independent
                                     6     Commissioner

          5   1    4     6   2   3
Page 6
                                   Andy Totong
   Key Management Team
                                                           Antonius Tan
                                     Strategic                 HR
                                          &                  Director
                               Development Director
                                                         >20 years
                              >20 years experience in    experience in HR

Board of Directors
                              Modern Retail




  Budyanto Totong
   Budyanto
  President
     TotongDirector

 CEO / President
      Director
>45 years  of experience in
Distribution & Building
Materials;
 >50 years experience
Founder  of CSAP
 In Building Materials




                                Warit Jintanawan           Surjati Tanril
                               Operating Director              CFO
                               >30 years experience in   >20 years experience in
                                 Building Materials      Accounting & Corporate
                                                                Finance
Page 7
CSAP Consolidated – Q1-2024 Financial Highlights
 S A L E S (In IDR Billion)                                       GROSS PROFIT (In IDR Billion)
5.000                            5.2%                             1.000                                                 20,00%
                                                                                                8.3%
4.000                                                                 800          16,21%                  16,68%
               4.067                              4.279                                                                 15,00%
3.000                                                                 600            659                    714
                                                                                                                        10,00%
2.000                                                                 400
1.000                                                                 200                                               5,00%

      0                                                                 0                                               0,00%
            Q1/23 ACTUAL                      Q1/24 ACTUAL                      Q1/23 ACTUAL            Q1/24 ACTUAL

EBITDA (In IDR Billion)                                           NET PROFIT (In IDR Billion)
250                            -2%                       7,00%
                                                                 70                                                     1,60%
                                                         6,00%                       1,59%      -17%                    1,40%
200                                                              60
              236      5,81%               232     5,42% 5,00%                                                          1,20%
                                                                 50             65
150                                                      4,00%                                             54     1,26% 1,00%
                                                                 40
                                                         3,00%                                                          0,80%
100                                                              30
                                                                                                                        0,60%
                                                         2,00%   20                                                     0,40%
 50
                                                         1,00%   10                                                     0,20%
  0                                                      0,00%    0                                                     0,00%
          Q1/23 ACTUAL                  Q1/24 ACTUAL                        Q1/23 ACTUAL               Q1/24 ACTUAL



                                                                                                                                 7
Page 8
CSAP Consolidated – SALES and EBITDA Contribution
                                         4,279 billion
                                                              Sales Q1/2024
                          Sales by BU
4.500
                                                 106
4.000          101
                                                1.063                         CSA - FMCG
3.500          974                                          CSA - BM             25%
3.000                                                         35%

2.500
           1.506                                1.508
2.000
                                                             MITRA 10         2%
1.500                                                          37%
1.000
           1.487                                1.602
 500

   0
        Q1/23 ACTUAL                         Q1/24 ACTUAL

    MITRA 10         CSA - BM   CSA - FMCG     OTHERS


                                                                                           8
Page 9
www.mitra10.com   9
Page 10
Mitra10 – Customer Needs and Market Opportunities
                             Customer Needs                                     Market Opportunities
                                    Simple                                       Indonesia has the largest
                                                                                 population in ASEAN, 270 million
                                                                                 people

                                                                                 60% of Indonesian population are in
                                                                                 productive age
 Location near    Fast in & Out   Trusted brand   Guaranteed     Convenient
 housing area    For cash & carry                  low price                     New capital city is being developed in
                                                                                 East Kalimantan
                                   Complex
                                                                                 New president’s strategy to build new
                                                                                 house to fulfill gap for people at 3
                                                                                 million houses/year

Complete range         Deliver fast and      Comfortable       Good product      Shopping behavior shifting towards
  of products           large quantity        look & feel      display design    modern retail (current below 20%)




                                                                                                                          10
Page 11
                Mitra10 : The Business Journey
  Over 25 years, Mitra10 has grown to 50 stores, and is ready to accelerate growth to 100 stores nationwide for the next
  6 years. Mitra10 grows sustainably to be present in all major islands in Indonesia.

                                                                       1st milestone                 2nd milestone


  Mitra10                   Mitra10                                       Mitra10                         Mitra10
                                                                          June
Established              2023                                           2024                            2030
 In 1997                                                                                                  To be
                        48 Stores                                         To be
                        Nationwide
                                                                          50                            100
                                                                                                         stores
                                                                         stores                        Nationwide
                                                                       Nationwide
      Mitra10 has grown

      business      11X                               CAGR (Compound Annual Growth Rate)
         from 2009
                                                              from 2009 to 2023
                                                                        > 19%
Page 12
Mitra10: The Largest Modern Retail for Building & Home
         Improvement in Indonesia

         No. Of Store             50 Stores
         Selling Area             180.000 SQM

         Warehouse Area           100.000 SQM
         6 Distribution Centers   100.000 SQM


         Our Employee        ~ 5.000

         Our Suppliers       ~ 750
         Total SKUs          ~ 65.000

         Monthly Traffic     ~ 1.000.000
Page 13
                                Mitra10: Our 50 Stores Network

                                                                           Kalimantan (2)
                                                                           -   Banjarmasin
                                                                           -   Balikpapan                        Sulawesi (1)
                                                                                                                 - Makassar



Sumatera & Riau (8)
- Batam
- Medan
- Jakabaring, Palembang
- Tanjung Api-Api, Palembang
- Rajabasa, Lampung
- Antasari, Lampung
- Pekanbaru
- Jambi

Jakarta & Banten (16)
- Gading Serpong               - Qbig, BSD
- Mauk, Tangerang              - Bintaro
- Daan Mogot                   - Pesanggrahan
- Percetakan Negara            - Fatmawati
- Pamulang                     - Bitung
- Pantai Indah Kapuk           - Serang
- Kota Harapan Indah           - Bintaro Jaya
- Pondok Bambu
- Shila Sawangan (Depok)


                               West Java (11)               Central Java (4)          East Java (5)            Bali & West Nusa Tenggara (3)
                               - Cinere     - Tasikmalaya   - Yogyakarta              - Ahmad Yani, Surabaya   - Gatot Subroto
                               - Bogor      - Cirebon                                                          - By-Pass
                                                            - Solo Baru               - Kedungdoro, Surabaya
                               - Depok      - Jatimakmur                                                       - Mataram, Lombok
                                                            - Semarang                - Wiyung, Surabaya
                               - Cibinong - Karawang        - Tegal                   - Sidoarjo
                               - Cibubur    - Cikarang                                - Malang
                               - Kalimalang
Page 14
Mitra10: Store Appearance




                            14
Page 15
Mitra10: Store Appearance
Page 16
Mitra10: Store Appearance




                            16
Page 17
Building Materials
   Distribution

                     17
Page 18
Building Materials : Distribution Network




                                            50 Branches
Page 19
       Building Materials – Q1-2024 Financial Highlights


          Region:                                                  Categories:

                                   Greater Jakarta
          7,8%
                   14,8%           Sumatera
   7,5%
                                                             30%
                                   West Java
6,3%
                                   Central Java
                           20,3%
                                   East Java
19,3%                                                                                   63%
                                   Bali & Lombok             6%
                     7,9%          Kalimantan
           16,2%
                                   Sulawesi
                                                     Tiles         Bath & Kitchen   Others




                                                                                              19
Page 20
MITRA – 2021 IN HOUSE FINANCIAL HIGHLIGHTS




      FMCG Distribution

                                             20
Page 21
          Distribution of FMCG : Revenue Contribution & Structure

            Contribution                                      Sales By Category
                                                       Baby
                                             Diapers    5%              Paper
Non P&G                                        8%                       Tissue
  78%
                                                                         28%
                                         Others
                                          12%




                            P&G
                            22%               Food                    P&G
                                              25%                     22%
            P&G   Non P&G
Page 22
Thank you




            22

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Names mentioned 34 people and organisations named in the text · linked when the evidence is strong

linked org Catur Sentosa Adiprana Tbk p.1 ×2
linked org PT Catur Sentosa p.2 ×6
linked org SCG Retail Holding p.3
linked person Achmad Widjaja p.5
linked person Kenneth Ng Shih Yek p.5
linked person Justinus Aditya Sidharta p.5
linked person Henny Ratnasari Dewi p.5
linked person Andy Totong p.6
linked person Antonius Tan p.6
linked person Budyanto Totong p.6
linked person Warit Jintanawan p.6
linked person Surjati Tanril p.6
linked org Pantai Indah Kapuk p.13
possible org PT Buanatata Adisentosa p.3
possible person Ahmad Yani p.13
possible person Gatot Subroto p.13
unresolved org PT Kusuma Kemindo p.2 ×2
unresolved org Adiprana Tbk p.2
unresolved org Sentosa Tbk p.2 ×2
unresolved org Public Co. Ltd. p.3
unresolved org PT Catur Sentosa Berhasil p.3
unresolved org PT Catur Mitra Sejati p.3
unresolved org PT Catur Karda Sentosa p.3
unresolved org PT Catur Sentosa Anugerah p.3
unresolved org PT Catur Berkat Bersama p.3
unresolved org PT Caturaditya Sentosa p.3
unresolved org PT Caturadiluhur Sentosa p.3
unresolved org PT Catur Sentosa Adiprima p.3
unresolved org PT Catur Logamindo p.3
unresolved org PT Mitra Hasil Sentosa p.3
unresolved org PT Catur Hasil Sentosa p.3
unresolved org PT Mitra Bali Indah p.3
unresolved org PT Eleganza Tile Indonesia p.3
unresolved person CFO · Director p.6

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