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Page 1
Public Expose 2024


Kamis, 20 Juni 2024




PT DISTRIBUSI VOUCHER NUSANTARA Tbk
AXA Tower Lt. 7, Suite 5, Kuningan City
Jl. Prof. Dr. Satrio Kav. 18, Setiabudi
Jakarta 12940
Ph: (+62)21 30480712                      Getting Ready For The Next
Facs: (+62)21 30480713
Email: corporate@ptdvn.com                      Digital Evolution
Web: www.ptdvn.com
Page 2
DISCLAIMER
The information contained in this document is strictly confidential and has been prepared by PT Distribusi Voucher Nusantara Tbk (“DIVA” or the ”Company”). This document may not be taken away,
reproduced or redistributed, in whole or in part, to any other person without the prior written consent of the Company.
This document is not intended to provide and should not be relied upon for tax, legal or accounting advice, investment recommendations or a credit or other evaluation of an investment in the
Company. Prospective investors should consult their tax, legal, accounting or other advisers. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the
fairness, accuracy, completeness or correctness of the information, or opinions contained herein. None of the Company or their respective advisors or representatives shall have any responsibility or
liability whatsoever (for negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation.
The third party information and statistical data in this presentation have been obtained from sources the Company believes to be reliable but there can be no assurance as to the accuracy or
completeness of the included information. This presentation may not contain all material information concerning the Company and the information set forth in these materials is subject to change
without notice. None of the Company or their respective advisors or representatives is under any obligation to update or keep current the information contained herein. The contents of these
materials have not been verified and audited by the lawyers and auditors. Accordingly, none of the Company, or their respective directors, officers or affiliates makes any representation or warranty,
express or implied, as to the accuracy or completeness of the information in this presentation, and nothing in this presentation is, or should be relied upon as, a promise or representation by any of
them.
Certain statements in this document may constitute "forward-looking statements", including statements regarding the Company's expectations and projections for future operating performance and
business prospects. Such forward-looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which the
Company will operate in the future. Such forward-looking statements speak only as of the date on which they are made. Accordingly, the Company expressly disclaim any obligation to update or
revise any forward-looking statement contained herein to reflect any change in the Company's expectations with regard to new information, future events or other circumstances. The Company does
not make any representation, warranty or prediction that the results anticipated by such forward-looking statements will be achieved, and such forward-looking statements represent, in each case,
only one of many possible scenarios and should not be viewed as the most likely or standard scenario. Accordingly, prospective purchasers should not place undue reliance on any forward-looking
statements.
This document is for information and convenient reference and does not constitute or form part of, and should not be construed as, any offer for sale or subscription of or solicitation or invitation of
any offer to buy or subscribe for any securities of the Company. This presentation and the information contained herein are being furnished to you solely for your information and may not be
reproduced or redistributed to any other person, in whole or in part. In particular, neither the information contained in this presentation nor any copy hereof may be, directly or indirectly, taken or
transmitted into or distributed in any other jurisdiction which prohibits the same except in compliance with applicable securities laws. Any failure to comply with this restriction may constitute a
violation of the applicable securities laws. No money, securities or other consideration is being solicited, and, if sent in response to this presentation or the information contained herein, will not be
accepted.
By reviewing these presentation materials, you acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Company and that you will
conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the business of the Company.




                                                                                                                                                                                                              2
Page 3
EXECUTIVE
SUMMARY




            3
Page 4
HIGHLIGHTS

                            2023                                                    1Q24


                           Macro                                                   Macro

      Indo GDP growth: 5.31% in 2022 vs 5.05% in 2023                     Indo GDP growth: 5.11%



                           Sector                                                  Sector
       MSME NPL ratio: 3.41% in 2022 vs 3.71% in 2023                      MSME NPL ratio: 3.98%
      IDXTECHNO (-14%): 5,162 in 2022 vs 4,436 in 2023                    IDXTECHNO (-19%): 3,580



                         Company                                                 Company

    Revenues (-5%) = Rp11.7tr                               Revenues (+5%) = Rp11.7tr
          • Digital financial service (+98%) = Rp439.4Bio         • Digital financial service (+73%) = Rp129.6Bio
          • Tour & travel (+41%) = Rp127.9Bio                     • Other ecosystem rev. (+4480%) = Rp4.6Bio
    Unrealized loss on investments = Rp1.3tr                Unrealized loss on investments = Rp171.0Bio
    Net loss = Rp1.3tr                                      Net loss = Rp168.2Bio
                                                                                                                    4
4
Page 5
COMPANY
PROFILE




          5
Page 6
DIVA Brings Social Mission To Empower Indonesia Economy


                       Commercial Mission                                                                       Social Mission

                          Total Equity (RpBio)                                                            SME Partners (Outlets)
                                     73% CAGR                                                                              30% CAGR

                                                2,148   2,150
                                                                                                                                      54,379   54,608   54,936   54,936




                                        882                     876                                               24,812     25,853
                               824
                        721                                            719
                                                                                                         18,180
                                                                                                13,843
                                                                                       11,500
                                                                              6,504
   8      13     17

  2015   2016   2017   2018   2019     2020     2021    2022    2023   1Q24   2015     2016     2017     2018     2019       2020     2021     2022     2023     1Q24




                       Increasing Wealth of                                           Empowering Indonesian MSMEs to become a
                         The Shareholders                                             powerhouse of the nation’s digital economy.


                                                                                                                                                                          6
Page 7
Testimonials

               Putri Cell, Pancawati Caringin Bogor
               “ … Post Covid-19, we sell telco top-up credits using DIVA Application. There
               are many benefits that we can enjoy, such as a sustained increase in sales,
               many transaction promotions, smooth (apps) connections, as well as active
               updates from DIVA marketing officers regarding the weekly offerings. So, using
               the DIVA Application greatly helps us …”




               Soto Mie Pak Kadir (87 Outlets)
               “… It helps us to maintain our branches, especially for financial checks. In
               addition, operational hour is shorter. Because usually with manual closing, we
               have to visit the branches. Now (with Pawoon) we don't have to, we can just
               recap the data at home. We will use Pawoon for all our branches because it
               makes our calculations easier …. “



                                                                                                7
Page 8
DIVA Offers a Plug-and-play Digital Platform for SMEs


                                                                                          Digital Products

            DIVA provides a universal access point          Payment Enabler                                                 Banking
            aggregating all modes of payment
            while processing digital services

                                                                                      Digitizing Indonesia SMEs
            It enables SMEs to access and
            distribute digital products to drive
            revenue growth
                                                                  DIVA Smart Outlet            Kasirku           Intelligent Messaging

                                                       Big Data Analytics                                                          Principal

            The platform records valuable data
            that can be leveraged to different                              Agents              SMEs         Enterprise
            types of service, such as fulfilment and
                                                                                       Capturing Valuable Data
            B2B financing
                                                                                           End Customer




                                                                                                                                               10
Page 9
Expanding Our Platform From Offline to Online
Using Power of Instant Messaging and Mobile Applications




         Big Data Analytics                                Top Up Balance
         • Costumer Demography                             • Card             • Application
                                                             e-Money            OVO
         • Transaction Analysis                              BRIZZI             Dana
         • Profile Update Capability                         Tapcash            LinkAja
                                                             Flazz              Gopay
                                                WhatsApp


         Monetary                                          Balance checking and update
         Transfer between members, LinkAja                 Via Application (IsiinAja)
         cash withdrawal                                   Vending Machine
                                                           Alfamart , Minimart.




         Bill Payment & Vouchers                           Card Dispenser
         Phone Credits, Electricity Internet               Vending Machine
         Package, Gowes, Movie Ticket, Water,
         Train Tickets, Airline Tickets, etc               Indomaret, Alfamart, Minimart.




                                                                                              11
                                                                                                   11
Page 10
The Ecosystem


                           Digital Products                                          Parkour – Smart Parking System


                      Smart POS System                                                   Dolan – Event Ticketing System



                   FnB Supply Chain                                                            Kasirku – Self Service Terminal



                SGB Distribution Partner                                                     IsiinAja – Multi Card Top-up


                         EV Dealer Partner                                           Payment Gateway


                                           Tour and Travel            Distribution Channel


                                                     Logistic & Drop Points


                                                                                                                                 12
Page 11
Board of Commissioner


                                                        Bambang Irawan
                                                        President Commissioner (Independent)
                                                        •   +20 years of experience in Finance and
                                                            Consulting
                                                        •   CFO of Agec Techno (2006–present).




                        Sebastian Togelang                                            Artiko Samudro
                        Commissioner                                                  Independent
                                                                                      Commissioner
                        •   A venture capitalist with
                            +20 years of experience                                   •   +20 years of experience
                            in Investment and Tech                                        in telco industry
                            industry                                                  •   VP/Head of Distribution
                        •   Founding partner at                                           Excellence Management
                            Kejora Capital (2013 –                                        (2011-2013) at Smartfren
                            present), Board Member                                        Telecom (2013–2015)
                            at Sicepat Express (2017-
                            present), and Finfleet
                            (2016–present).
                                                                                                                     13
Page 12
Board of Director




            Raymond Loho                        Tati Ramawati                    Stanley Tjiandra
            President Director                  Director                         Director
            •   A seasoned IT expert with       •   +20 years of experience in   •   +20 years of experience in
                +20 years of experience in IT       Marketing and Management         Accounting & Finance,
                and Telco industry                                                   Corporate Restructuring,
                                                                                     M&A, Equity Research,
            •   Director of 1 Inti Dot Com
                                                                                     Strategy and Investments
                (2014-present), Media Karya
                Nusantara (2017-present),
                Kresna Jubileum Indoensia
                (2017-present)



                                                                                                                  14
Page 13
BUSINESS STRATEGY
AND INITIATIVES




                    15
Page 14
Core Strategy




                            Forming strategic
                          alliances to speed up
                           market domination




 Developing complete                              Enriching the
     and deep digital                             infrastructures
           distribution                           with use cases
       infrastructures




                                                                    16
Page 15
Creating an End-to-end Digital Ecosystem That Integrates Our Product
& Services Across the Supply chain: Synergy on Traditional SME Outlets
SME Business
POS + DIVA IIM + Digital Product + Payment + Drop Points + Smart Parking



                      TRADITIONAL STORE

                       Advertising Screen             Digital Product
                                                                        Drop Points



                                            Top Up                                    Package Delivery
                                            e-money




                                                                                                         17
Page 16
Creating an End-to-end Digital Ecosystem That Integrates Our Product
& Services Across the Supply chain: Synergy on Transportation Platform
TRANSPORTASI
POS + Kiosk + Smart Parking + Payment + Ads. Display




                                               COMMUTER LINE
       Parkour                                                 Point of Sale (POS)

                                                  TICKETING
                                 Advertising
                                   Screen




                                                                                     18
Page 17
Creating an End-to-end Digital Ecosystem That Integrates Our Product
& Services Across the Supply chain: Synergy in FnB Outlets
F&B Business
POS + Supply Chain + SGB + Payment + Smart Parking



                                  RESTO
                                                                                  Parkour

Advertising Screen    Advertising Screen




                                                                       Payment Gateway




                                                                                            19
Page 18
Creating an End-to-end Digital Ecosystem That Integrates Our Product
& Services Across the Supply chain: Synergy in Amusement Parks
AMUSEMENT PARK
POS + Smart Parking + Payment + Tour and Travel + IsiinAja




                           AMUSEMENT PARK

                               TICKETING                     Advertising Screen   Advertising Screen


    Parkour




                                                                                                       20
Page 19
Event Highlights 2023

                        10 Januari 2023
                        Increasing the digitization of the procurement of Self Service Vending
                        Machines (VM), through a collaborative collaboration between the DIVA
                        Group and PT Bank Central Asia, Tbk. To help people in making
                        purchase transactions and Top Up BCA Flazz.




                        10 Januari 2023
                        Campaigning for the Use of Environmentally Friendly Transportation
                        (Clean Energy), namely Electric Motorcycles, to the Company’s MSME
                        Partners through the collaboration of the DIVA Group through Pawoon
                        with Bank DKI.




                        20 Januari 2023
                        Improving digitalization and community welfare through the
                        collaboration of the DIVA Group with PT Satya Parahyangan Resort
                        (Lyman Group), to help the community in non cash transactions with
                        end to end solutions for all operational activities at Wahana Wahoo
                        Waterworld Kota Baru Parahyangan, Bandung.
                                                                                                 21
Page 20
Event Highlights 2023

                        11 Maret 2023
                        Providing the digitization of non cash payments through the “DOLAN”
                        platform to improve the welfare of National Education, with the
                        collaboration of the DIVA Group at the National Education Museum with
                        the Indonesian University of Education, Bandung.




                        15 April 2023
                        Increasing the digitization of the procurement of Self Service Vending
                        Machines (VM) to help the public in transacting purchases and Top Up
                        TapCash in the Taman Mini Indonesia Indah (TMII) environment,
                        through the collaboration of the DIVA Group with PT Bank Negara
                        Indonesia, Tbk.




                        22 Agustus 2023
                        Presenting non cash payment transaction services through cooperation
                        between DIVA Group (PT Multidaya Dinamika) with Mulia Group, to
                        launch the “PARKOUR” application which has an integrated system of
                        AI-based hardware and software in parking management using
                        Electronic Money Cards in eight Building locations owned by the Mulia
                        Ceramics Group.
                                                                                                 22
Page 21
Event Highlights 2023




                        01 September 2023
                        Presenting the digitalization of the Electronic Money Card Top Up
                        service, through the collaboration of the DIVA Group (PT Multidaya
                        Dinamika) with LRT Jabodetabek, to help the public in making non cash
                        payment transactions at the counters of the Jabodetabek LRT
                        operational station.


                        06 November 2023
                        Improving Digital Financial Literacy and Utilization of Entrepreneurial
                        Technology in the form of collaboration between DIVA Group, through
                        Pawoon, together with PT Bank Rakyat Indonesia Tbk. In order to help
                        the community, especially MSME players in the sale of BRI QRIS
                        online-based Point Of Sales (POS) machines intended for BRILink
                        agents.




                                                                                                  23
Page 22
FINANCIALS




             24
Page 23
Financial Highlights 2023
(Expressed in Billion Rupiah, Unless Otherwise Stated)



Profit & Loss                                              2022       2023     % YoY
Revenues                                                 4,868.4     3,853.4   (20.8)
Gross Profit                                               109.4       103.8    (5.2)
EBITDA                                                      29.1        25.3   (13.0)
Operating Income                                            12.3         9.7   (21.2)
Net Income*                                                  4.2   (1,277.7)     N.M

Financial Position                                          2022       2023    % YoY
Asset                                                    2,338.0    1,013.4    (56.7)
Liabilities                                                188.3      137,0    (27.2)
Equity                                                   2,149.7      876.4    (59.2)

Revenues                                                    2022       2023    % YoY
Digital Products & Services                              4,555.8    3,276.3    (28.1)
Tour & Travel                                               90.9      127.9      40.7
Digital Financial Services                                 221.6      439.4      98.3
Other Ecosystem Generated Revenue                            1.0        9.8    849.6
Total Revenues                                           4,868.4    3,853.4    (20.8)
                                                                                        25
Page 24
Financial Highlights 1Q24
(Expressed in Billion Rupiah, Unless Otherwise Stated)


                      Profit & Loss                       1Q23      1Q24      % YoY
Revenues                                                  958.0    1,001.7       4.6
Gross Profit                                               39.6       29.5    (25.3)
EBITDA                                                     22.0       10.9    (50.5)
Operating Income                                           18.1        6.7    (63.2)
Net Income*                                                 4.5    (168.2)      N.M

Financial Position                                         1Q23     1Q24      % YTD
Asset                                                    1,013.4    902.1     (11.0)
Liabilities                                                137.0    177.0       29.2
Equity                                                     876.4    719.3     (17.9)

Revenues                                                  1Q23       1Q24      % YoY
Digital Products & Services                               844.6      839.0     (15.6)
Tour & Travel                                              38.4       28.3   1,253.9
Digital Financial Services                                 74.9      129.6       84.6
Other Ecosystem Generated Revenue                           4.6        0.1   4,482.2
Total Revenues                                            958.0    1,001.6        4.6
                                                                                        26
Page 25
MACRO
OUTLOOK



          27
Page 26
      Global Economy Growth                                                  Indonesia Economy Growth

Global GDP growth decelerated, from to 3.1% in 2022, to 2.6% in          This global economic slowdown has a considerable impact on
2023 and an estimated 2.4% in 2024F.                                     almost all developing countries, including Indonesia. Indonesia’s
                                                                         GDP growth has decelerated, from to 5.3% in 2022, 5.1% in 2023
                                                                         and 1Q24.

                           Global GDP Growth                                             Indonesia Economy Growth
             2.4%


                                  2.6%
                                                       3.1%                       5.3%


                                                                                                           5.1%                        5.1%




             2022                 2023                2024F                       2022                      2023                      1Q24

      source: World Bank for EAST ASIA AND THE PACIFIC ECONOMIC UPDATE                   source: Badan Pusat Statistik (Statictics Indonesia)
                                   APRIL 2024
                                                                                                                                                28
Page 27
USD/Rp Exchange Rate Trend
Kurs [Rp]




                                                                                                             Rp15.839/USD
                                                                               Rp15.604/USD


                                  Rp15.629/USD




                                                                Rp15.130/USD
                                                                                              Rp15.509/USD



            Rp14.940/USD




                                                 Rp14.355/USD


                  2022

               source: Bank of Indonesia                                                                                    29
Page 28
Non Performing Loan (NPL) Ratio of Indonesia's MSME Sector


                                                       3.98%




                               3.71%
                                                                    According to the Indonesian Banking Statistics published by the
                                                                 Financial Services Authority (“OJK”), the MSME non-performing loan
                                                                 (NPL) ratio has increased, from 3.41% at the end of 2022 to 3.71% at
         3.41%                                                                     the end of 2023 and 3.98% in 1Q24




         2022                   2023                   1Q24

              source: Indonesian Banking Statistics data
         published by the Financial Services Authority (“OJK”)


                                                                                                                                        30
Page 29
 The Digital Economy in Indonesia Continues to Expand
 More Robustly Than the Traditional Economy


  e-Conomy SEA                                           Vietnam
  covers 6 countries                                     99M
  In Southeast Asia                                                    Digital Economy GMV ($B)
                                                         Thailand
                                                         72M                   CAGR

                                                                                                      15%
                                                         Philippines
                                                         117M

                                                         Malaysia
                                                                             20%          8%
                                                         34M

  605M
                                                                                                        109
                                                         Singapore
                                                         6M                                    82
                                                                        63         76
  Total Population                                       Indonesia
  Across the Countries                                   278M           2021       2022        2023     2025

                                                                        In USD [Billion]




source: Google, Temasek, Bain & Company 2023 Report ; World Bank                                               31
Page 30
Stock Performance Analysis




                             3.544,11




                             103
                                        32
 Source: Tradingview.com
Page 31
ANNUAL GENERAL MEETING (AGM)
AND EXTRAORDINARY GENERAL MEETING (EGM)




2024
                                          33
Page 32
Agenda




                AGM                                     EGM

     Approval and Ratification of the
                                               Changes in the composition of BOC &
     Company's Annual Report for the
                                               BOD.
     financial year ended December 31, 2023.

                                               Approval for share participation and
     Approval of the usage of IPO proceeds     investment in various companies by the
                                               Company and its subsidiaries


     Appointment of a Public
     Accountant/Accounting Firm


     Determination of honorarium, salaries
     and other allowances for BOD and BOC




                                                                                        34
Page 33
             Agenda



                      Before                                                         After

Commissioner                                              Commissioner
President Commissioner         : MARTIN SUHARLIE          President Commissioner         : BAMBANG IRAWAN
Commissioner                   : SURYANDY JAHJA           Commissioner                   : SEBASTIAN TOGELANG
Commissioner                   : SEBASTIAN TOGELANG       Independent Commissioner       : ARTIKO SAMUDRO
Independent Commissioner       : BAMBANG IRAWAN
Independent Commissioner       : ARTIKO SAMUDRO


Director                                                  Director
President Director             : RAYMOND LOHO             President Director             : RAYMOND LOHO
Director                       : TATI RAHMAWATI           Director                       : TATI RAHMAWATI
Director                       : STANLEY TJIANDRA         Director                       : STANLEY TJIANDRA
Director                       : DIAN KURNIADI SUHARDJO




                                                                                                                35
Page 34
THANK YOU
  PT DISTRIBUSI VOUCHER NUSANTARA Tbk
    AXA Tower Lt. 7, Suite 5, Kuningan City
      Jl. Prof. Dr. Satrio Kav. 18, Setiabudi
                   Jakarta 12940
              Ph: (+62)21 30480712
             Facs: (+62)21 30480713
          Email: corporate@ptdvn.com
              Web: www.ptdvn.com

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linked person Bambang Irawan p.11 ×3
linked person Sebastian Togelang p.11 ×3
linked person Artiko Samudro p.11 ×3
linked person Raymond Loho p.12 ×3
linked person Tati Ramawati p.12
linked org Karya Nusantara p.12
linked org PT Bank Central Asia p.19
linked person MARTIN SUHARLIE p.33
possible person Prof. Dr. Satrio p.1 ×2
possible — Sicepat Express p.11
possible person Stanley Tjiandra p.12 ×3
possible org Bank Rakyat Indonesia Tbk. p.21 ×2
possible person SURYANDY JAHJA p.33
unresolved person Kadir p.7
unresolved person Telecom · Member p.11
unresolved org Bank DKI. p.19
unresolved org PT Satya Parahyangan Resort p.19
unresolved org PT Multidaya Dinamika p.20 ×2
unresolved org Pusat Statistik p.26
unresolved org Financial Services Authority p.28 ×2

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