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    PT NFC Indonesia Tbk

    PUBLIC EXPOSE


    Rabu, 19 Juni 2024




    Mangkuluhur City Lantai 19,Jalan Jend. Gatot Subroto
    Kav 1-3, Karet Semanggi, Jakarta Selatan 12930
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     Disclaimer

    The information contained in this document is strictly confidential and has been prepared by PT NFC Indonesia Tbk (“NFCX” 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, the selling shareholder, the International Selling Agents 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, the selling shareholder or the International Selling Agents is under any obligation to update or keep current the information contained herein. The
    contents of these materials have not been verified by the International Selling Agents. Accordingly, none of the International Selling Agents, 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, the selling
    shareholder and the International Selling Agents 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.
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      While a financial status report has not been
    RINGKASAN
      submitted yet, there is an increase in
    EKSEKUTIF
      followers who joined social media contests,
      availing our products as raffle entries.
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    Apa yang menarik?

• Strategi fly-to-quality telah berhasil menghasilkan turnaround yang positif pada kinerja inti Perseroan di 1Q24.

    (Dalam Milyar Rupiah)                                 1Q23           1Q24         % YoY

    Pendapatan                                           2.917,9       1.930,4        33,8%
    Laba Kotor                                             36,6          42,8         17,0%
    GP Margin                                              1,3%          2,2%
    EBITDA                                                 24,1          32,4         34,1%
    Laba Operasional                                         9,9         11,3         13,4%


• Berbagai kolaborasi dengan beberapa perusahaan terkemuka, seperti Bluebird, Gentari dan AMG, telah berhasil
  memperluas penetrasi pasar kami

• Dengan mempertajam bisnis inti kami, hal ini akan menghasilkan dampak positif di semua segmen bisnis
  Perseroan, terutama di segmen energi bersih dan serta periklanan digital berbasis cloud, yang diharapkan akan
  menjadi sumber utama pertumbuhan Perseroan ke depannya.
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                                           • Kegiatan Usaha
     While a financial status report has not   been
    Gambaran                              • Use Case
     submitted yet, there is an increase in
    Umum
     followers who joined social media contests,
    Perusahaan
     availing our products as raffle entries.
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    Perusahaan Digital Consumer Experience
    “Kami menawarkan rangkaian layanan yang lengkap untuk membantu industri ritel dalam
    meningkatkan keterlibatan pelanggan dan daya saing di cakupan ekonomi Indonesia yang
    terus berkembang”



Produk & Layanan Energi Bersih                                                            Agregator Produk Digital
• “Volta” menjadi salah satu motor listrik                                                • Anggota platform berjumlah +240 ribu yang
  terkemuka di Indonesia                                                                    mencakup segmen UKM, ritel modern, dan e-
• +299 stasiun Sistem Ganti Baterai (SGB),                                                  commerce
  melayani +300 ribu transaksi per hari                                                   • Memberikan kebutuhan arus keuangan dasar
• Layanan sewa “Semolis” untuk motor dan
                                                    Produk & Layanan
                                                      Energi Bersih    Agregator Produk     untuk mengembangkan inisiatif di masa
  “Sebalis” untuk baterai dengan +3K DAU                                    Digital         depan

                                                                                          Penjualan Grosir
Konten & Hiburan
                                                                                          • Distribusi FMCG ke UKM
• +1.400 IP karakter superhero Indonesia                                                  • Membantu prinsipal FMCG untuk
• Berkolaborasi dengan Deddy Corbuzier       Konten & Hiburan                               merampingkan lapisan distribusi
  (Youtuber #1 Indonesia dengan +20 juta
  subscriber)                                                                             Iklan Berbasis Cloud Digital
• Sebagai pembeda untuk meningkatkan
  keterikatan pada platform dan hubungan                                                  • Saluran monetisasi baru untuk Brick & Mortar
  partisipan                                                                                modern
• Meningkatkan daya tawar dengan mitra dan                                                • Memberi opsi kepada pengiklan untuk
  brand                                                  BIG DATA                           mempromosikan konten di saluran dalam
                                                                       Iklan Berbasis
• Membuka peluang untuk kolaborasi dan                                  Cloud Digital       ruangan
  merchandizing                                                                           • Memperluas kehadirannya ke Toko Tradisional
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                                                                            ABC STORE
                                                                    Digital Cloud
                                                                 Advertising Screens


           Principles               Digital Product                                     Swap Battery Station
                                    Aggregator Platform




    Digital Wholesale Platform                  Top-up prepaid
                                                E-money cards




              WAREHOUSE




                                    Use Case
               Solusi Komprehensif untuk Meningkatkan Keterlibatan Merchant
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      While a financial status report has not been
    Kinerja Bisnis
      submitted  yet, there is an increase  in
                                        • Kinerja Operasional

      followers who joined social media contests,
                                        • Pencapaian Penting
    Perseroan
      availing our products as raffle entries.
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    Kinerja Operasional

            Populasi Motor Listrik Volta                   Transaksi Penukaran Baterai
                                                              (x000) & Stasiun SGB
                                                                          680                   299               305
                                               18,079                                                 665         300
                                                                          660                                     295
                                                                                                                  290
                                                                          640   282 625
                             9,405                                                                                285
                                         92%                              620               6%                    280
                                                                                                                  275
                                                                          600                                     270
                                                                                   1Q23               1Q24
                                                                                 SGB battery swap volume (000x)
                             1Q23              1Q24                              SGB Stations




                     Layar Iklan                        Member Platform Agregator Produk
                                                                     Digital
                                28,235                                                    257,616




                 24,364                                         239,963




                 1Q23            1Q24                            1Q23                     1Q24
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10                                 Pencapaian Penting


     Collaboration with AMG Group: access to +5,000    Collaboration between Volta – Gojek for driver
      screens across +2,500 buildings to empower      Motorcycle Ownership Program (MOP): potential
                 Advertising businesses                    market of ~3 million ride-hailing drivers
Page 11
11   Pencapaian Penting
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                                                                   Pencapaian Penting




•   Volta terpilih sebagai pemasok resmi untuk motor listrik   •   Kemitraan dengan Bank Mandiri untuk distribusi voucher           •   Kemitraan Volta dengan SiCepat, Shopee Xpress, Paxel, dan
    selama acara G20 2022 di Nusa Dua, Bali (untuk komutasi        tukar baterai kepada 16 juta pengguna Aplikasi Mandiri Livin'.       Kantor Pos Indonesia untuk menggunakan 10.000 kendaraan
    staf selama acara).                                        •   Volta berkolaborasi dengan Kantor Pos Indonesia, (PGN)               listrik Volta sebagai armada kurir dengan penghematan
•   Kemitraan Volta dengan PLN dalam Pengembangan                  perusahaan gas nasional Indonesia, SiCepat, dan MCash                biaya yang terbukti dengan beralih ke EV.
    Bersama Stasiun Tukar Baterai Kendaraan Listrik Umum           untuk penyediaan stasiun tukar Volta di lokasi mitra dan         •   Kemitraan ini juga akan menyediakan penyewaan
    (SPBKLU) untuk penggantian baterai yang lancar dalam           jaringan penjualan.                                                  kendaraan listrik berbasis voucher top-up, serta program
    waktu 5 menit untuk motor listrik.                         •   Pertumbuhan organik untuk ekspansi melalui perusahaan                sewa – milik.
•   Stasiun tukar tersebut terhubung dengan platform layanan       induk
    digital kendaraan listrik (EVDS) PLN yang menampilkan      •   Kemitraan dengan Telkomsel untuk memperkenalkan Volta
    stasiun ganti baterai Volta.                                   melalui promosi digital yang bundling dengan voucher SGB
                                                                   Volta dengan paket data.
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                                                • Pertumbuhan Pendapatan &
       While a financial status report has not    been
     Kinerja
       submitted yet, there is an increase in
                                              EBITDA


     Keuangan
                                            • Laba Rugi
       followers who joined social media contests,
                                            • Posisi Keuangan
       availing our products as raffle entries.
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     Pertumbuhan Pendapatan & EBITDA

     Pendapatan                    8,886
                                           9,837   9,526
     (Rp miliar)           7,597
                   6,154


        2,490                                              2,918   34%   1,930



        2018       2019    2020    2021    2022    2023    1Q23          1Q24




     EBITDA                        85.2            83.3

     (Rp miliar)   66.4
                           70.6            70.9




                                                                         32.4
                                                                   34%
                                                           24.1
        11.6


       2018        2019    2020    2021    2022    2023    1Q23          1Q24
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 Laba Rugi

     (Dalam Milyar Rupiah)                   2022      2023    Chg %     1Q23      1Q24     Chg %

     Revenues                              9.836,6   9.526,1    (3,2)   2.917,9   1.930,4   (33,8)
     Gross Profit                           124,7     136,8      9,7      36,6      42,8     17,0
     EBITDA                                  70,9      83,3     17,4      24,1      32,4     34,1
     Operating Income (Loss)                 26,0      18,5    (29,0)       9,9     11,3     13,4
        Financial Expenses                   11,4        8,5   (25,8)       1,9       1,1   (44,0)
        Interest Income                        5,4       6,6    23,2        1,6       1,5    (5,4)
        Gain (Loss) On Other Investments       7,3   (483,0)   N.M.         3,3    (73,3)   N.M.
        Earnings From Associates               2,0     (0,3)   N.M.         0,0       0,2   975,0
        Others - Net                           1,9     (4,1)   N.M.         1,3     (3,0)   N.M.
     Pre-tax Profit                          31,1    (470,8)   N.M.       14,2     (64,5)   N.M.
     Net Income (Loss)                       23,5    (277,2)   N.M.         3,0    (38,4)   N.M.
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Posisi Keuangan
 Aset

          (Dalam Milyar Rupiah)                    2022      2023    Chg %     1Q24     Chg %

          Cash & Near Cash                        753,6     365,9    (51,4)    293,9    (19,7)
          Trade Receivables                       176,4     152,6    (13,5)    223,9     46,7
          Inventories                             285,6     250,0    (12,5)    218,1    (12,7)
          Advances & Prepaid Exp                  135,3     159,8     18,1     156,6     (2,0)
          Due From Related Parties                 28,4      48,2     69,4      50,1      3,9
          Other Current Assets                     61,3      63,9      4,2      54,0    (15,5)
          Total Current Assets                   1.440,6   1.040,3   (27,8)    996,5     (4,2)
          Fixed Assets & Intangible Asset- Net    249,2     297,3     19,3     281,7     (5,2)
          LT Investments                          102,0     169,1     65,8     165,5     (2,1)
          Deferred Tax Assets                        6,2     10,6     70,7      12,3     16,2
          Other Non Current Assets                 61,9      60,6     (2,1)     60,5     (0,1)
          Total Non Current Assets                419,3     537,6     28,2     520,1     (3,3)
          Total Assets                           1.860,0   1.577,9   (15,2)   1.516,6    (3,9)
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 Posisi Keuangan
 Liabilitas dan Ekuitas

               (Dalam Milyar Rupiah)                 2022    2023    Chg %    1Q24    Chg %
               Short Term Bank Loans                  15,9    21,1     32,3    21,1      0,1
               Trade Payables                        135,7   242,2     78,5   270,6     11,7
               Deposit From Customers                128,7    56,3   (56,2)    50,7   (10,0)
               Due To Related Party                   32,0    68,6   114,5     65,6    (4,3)
               Accrued Expenses                        3,4     6,7     99,6     5,6   (17,5)
               Financing Payables CPLTD                1,0     0,8   (27,2)     0,6   (18,0)
               Other Current Liabilities             135,4   137,0      1,2   125,3    (8,5)
               Total Current Liabilities             452,1   532,7     17,8   539,5      1,3
               Liabilities For Employee Benefits       4,2     5,9     40,6     6,3      7,9
               Bank Loans                             23,3     7,3   (68,7)     3,3   (54,9)
               Financing Payables                      0,6     0,4   (25,2)     0,4   (12,1)
               Convertible Notes                         -   136,9    N.M.    140,8      2,8
               Other Non Current Liabilities           6,3     2,6   (58,3)     2,3   (12,5)
               Total Non Current Liabilities          34,4   153,1   345,6    153,1      0,0
               Total Liabilities                     486,4   685,8     41,0   692,6      1,0
               Equity - Controlling Parties          620,6   345,7   (44,3)   306,2   (11,4)
               Equity - Noncontrolling Parties       752,9   546,3   (27,4)   517,8    (5,2)
               Total Equity                        1.373,5   892,0   (35,1)   824,0    (7,6)
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       While a financial status report has not been
     Strategi     Bisnis
       submitted yet, there is an increase in
     2024
       followers who joined social media contests,
       availing our products as raffle entries.
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     Strategi Pertumbuhan




        Expand Digital Cloud Advertising      Upgrade and Diversify service
         Platform Services to Entry Level      assortment (Smart Retail AI
       Segment (i.e. SMEs & Modern Retail          Powered Feature )
                     Stores)




         Build strategic collaborations     Aggressively expand clean energy
             utilizing SME Network           infrastructure especially battery
                                              swap stations and dealerships
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     Selected Key Pipeline & Future Event


        MoU signing (est. June 2024)   Volta enterprise pipeline :
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     Terima Kasih
        PT NFC INDONESIA TBK

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