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Page 1
                                                                 Laporan Tahunan
                                                                    Annual Report
                                                                            2023




                                                        The
                               Spirit
                               of                       White
                                           “Clean, Optimistic,
                                                and Powerful”




PT Maybank Indonesia Finance
Berizin dan Diawasi Oleh Otoritas Jasa Keuangan (OJK)
Page 2
    Sanggahan dan Batasan Tanggung Jawab
    Disclaimer and Scope of Responsibilities

    Laporan Tahunan 2023 PT Maybank Indonesia Finance        The 2023 Annual Report of PT Maybank Indonesia
    (yang selanjutnya disebut “Maybank Finance” atau         Finance (hereinafter referred to as “Maybank Finance”
    “Perseroan”) disusun berdasarkan Peraturan Otoritas      or “the Company”) is prepared based on OJK
    Jasa Keuangan No. 29/POJK.04/2016 tentang Laporan        Regulation No. 29/POJK.04/2016 on Annual Report
    Tahunan Emiten atau Perusahaan Publik dengan             of Issuers or Public Companies with content based
    muatan konten berdasarkan Surat Edaran Otoritas          on OJK Circular No. 16/SEOJK.04/2021 on Form and
    Jasa Keuangan No. 16/SEOJK.04/2021 tentang Bentuk        Content of the Annual Report of Issuers or Public
    dan Isi Laporan Tahunan Emiten atau Perusahaan           Companies.
    Publik.

    Laporan ini memuat informasi terkait kinerja finansial   This report contains information on the financial and
    dan non-finansial Perseroan selama periode 1 Januari     non-financial performances of the Company for the
    2023 hingga 31 Desember 2023 yang disertai dengan        period January 1, 2023 to December 31, 2023,
    perbandingan kinerja tahun-tahun sebelumnya. Selain      accompanied by a comparison of performance in
    itu, Laporan Tahunan ini juga menyajikan informasi       previous years. In addition, this Annual Report also
    terkait pandangan ataupun ekspektasi Perseroan di        presents information related to the Company’s view
    tahun selanjutnya yang disusun berdasarkan               or expectations in the following year which are
    pernyataan-pernyataan prospektif dan berbagai            prepared based on prospective statements and various
    asumsi mengenai kondisi mendatang Perseroan serta        assumptions regarding the future conditions of the
    lingkungan bisnis yang terkait sehingga dapat            Company, as well as the related business environment,
    mengakibatkan perkembangan aktual secara material        so that actual developments may differ materially
    berbeda dari yang dilaporkan. Oleh karena itu,           from those reported. Therefore, the Company urges
    Perseroan mengimbau agar pemangku kepentingan            stakeholders to use this information judiciously in
    dapat menggunakan informasi tersebut secara bijak        making decisions.
    dalam pengambilan keputusan.




2        2023 Laporan Tahunan
                     Annual Report
Page 3
                                                                                                   Pendahuluan
                                                                                                      Introduction




Tema dan Cerita Sampul
Theme and Cover Story




                                                                                              20    Laporan
                                                                                              23    Tahunan
                                                                                                    Annual Report




The Spirit of White
“Clean, Optimistic, and Powerful”


Tema The Spirit of White mencerminkan tiga nilai        The theme of The Spirit of White reflects three values
penting, yaitu                                          important, that is

Clean, yang menjadi lambang dari Integritas. Kami       Clean, which is a symbol of Integrity. We prioritize
mengutamakan integritas, bertindak dengan jujur,        integrity, acting honestly, professionally and morally
profesional, dan bermoral dalam semua usaha bisnis      in all business endeavors we undertake. Through
yang dijalankan. Melalui ketaatan terhadap standar      adherence to ethical standards and transparency, we
etika dan transparansi, kami membina kepercayaan        foster trust and credibility within and outside the
dan kredibilitas di dalam dan di luar organisasi atau   organization or company.
perusahaan.

Optimistic, menghadapi setiap tantangan yang ada        Optimistic, facing every challenge with enthusiasm
dengan penuh semangat dan sikap positif. Terus          and a positive attitude. Continue to move forward
melangkah ke depan dengan penuh harapan,                with hope, encouraging enthusiasm and perseverance
menggelorakan semangat dan ketekunan dalam              in the pursuit of excellence and success.
mengejar keunggulan dan kesuksesan.

Powerful, memanfaatkan kekuatan yang dimiliki untuk     Powerful, utilizing the strength you have to overcome
mengatasi hambatan serta menjadi pemenang dalam         obstacles and become a winner in every obstacle and
setiap rintangan dan kompetisi.                         competition.




                                                                                                                 3
Page 4
    Keunggulan Kompetitif
    Competitive Advantage




     1    Bunga Kompetitif                                  2   Proses Kredit yang Cepat dan Fleksibel
          Maybank Finance senantiasa memberikan                 Maybank Finance berupaya untuk menyederhanakan
          layanan terbaik bagi pelanggan dengan bunga           dan mempercepat proses kredit untuk memenuhi
          yang kompetitif.                                      kebutuhan pelanggan sesuai dengan ketentuan
                                                                yang berlaku.

          Competitive Interest Rate                             Fast and Flexible Loan Process
          Maybank Finance always provides the best              Maybank Finance strives to simplify and
          service for customers with competitive interest       accelerate the credit process to meet customer
          rates.                                                needs in accordance with applicable regulations.




4        2023 Laporan Tahunan
                    Annual Report
Page 5
                                                            Pendahuluan
                                                                 Introduction




Pencapaian 2023
Achievement in 2023




           Total Aset                   Total Ekuitas
           Total Assets                  Total Equity



     Rp8,08 triliun       9,85%   Rp3,70 triliun      7,78%
     Rp8.08 trillion      9.85%   Rp3.70 trillion     7.78%




                                        Total Penghasilan
                                   Komprehensif Tahun Berjalan
       Laba Tahun Berjalan             Total Comprehensive
        Income for the Year            Income for the Year




     Rp443,79 Miliar 0,76%        Rp443,10 Miliar 0,52%
     Rp443.79 Billion 0.76%       Rp443.10 Billion 0.52%




                                                                           5
Page 6
     Daftar Isi
     Table of Contents


Pendahuluan
Introduction

2    Sanggahan dan Batasan Tanggung Jawab
     Disclaimer and Scope of Responsibilities
3    Tema dan Cerita Sampul
     Theme and Cover Story
4    Keunggulan Kompetitif
     Competitive Advantage
5    Pencapaian 2023
     Achievement in 2023
6    Daftar Isi
     Table of Contents




Ikhtisar Keuangan
Financial Highlight


12   Ikhtisar Kinerja Keuangan
                                          01    Profil Perusahaan
                                                Company Profile


                                                38 Identitas Perusahaan
                                                                                      03
     Financial Performance Highlights              Corporate Identity
14   Ikhtisar Kinerja Operasional               40 Jejak Langkah
     Operational Performance Highlights            Milestones
15   Ikhtisar Saham                             42 Riwayat Singkat
     Stock Highlights                              Brief History
15   Ikhtisar Obligasi                          43 Visi dan Misi Perusahaan
     Bonds Highlights                              Corporate Vision and Mission
16   Kronologi Pencatatan Obligasi              44 Nilai-Nilai Perusahaan
     Bonds Listing Chronology                      Corporate Values
18   Penghargaan Tahun 2023                     45 Bidang Usaha
     Awards in 2023                                Line of Businesses




                                          02
                                                46 Produk dan Jasa
                                                   Products and Services
                                                47 Wilayah Operasional
Laporan Manajemen                                  Operational Areas
Management Report
                                                48 Struktur Organisasi
                                                   Organizational Structure
22 Laporan Dewan Komisaris                      50 Komposisi Dewan Komisaris
   The Board of Commissioner’s Report              Composition of The Board of Commissioners
28 Laporan Direksi                              51 Profil Dewan Komisaris
   The Board of Director’s Report                  Profile of The Board of Commissioners
                                                54 Komposisi Direksi
                                                   Composition of The Board of Directors
                                                55 Profil Direksi
                                                   Profile of The Board of Directors
                                                58 Profil Dewan Pengawas Syariah
                                                   Profile of The Sharia Supervisory Board
                                                60 Profil Komite Audit
                                                   Profile of The Audit Committee
                                                62 Profil Komite Nominasi dan Remunerasi
                                                   Profile of Nomination and Remuneration Committee
                                                64 Profil Komite Pemantau Risiko
                                                   Profile of Risk Supervisory Committee
                                                66 Profil Organ Pendukung Direksi
                                                   Profile of The Board of Directors’ Supporting Organ




6        2023 Laporan Tahunan
                      Annual Report
Page 7
                                                                                                      Pendahuluan
                                                                                                           Introduction




73 Profil Kepala Audit Internal
   Profile of Head of Internal Audit
74 Profil Sekretaris Perusahaan
   Profile of Corporate Secretary
74 Profil Pejabat Eksekutif
                                                            Analisis dan
                                                            Pembahasan Manajemen
                                                            Management Discussion and Analysis

                                                            114 Tinjauan Perekonomian
                                                                                                      05
   Profile of Executive Officers                                Economic Review
76 Informasi Pemegang Saham                                 115 Tinjauan Industri
   Information on Shareholders                                  Industry Review
78 Pemegang Saham Utama dan Pengendali                      115 Tinjauan Operasional
   Majority and Controlling Shareholders                        Operational Review
79 Struktur Korporasi                                       118 Strategi Pengembangan Usaha
   Corporate Structure                                          Business Development Strategy
79 Informasi Grup Perusahaan                                118 Aspek Pemasaran
   Information on The Company’s Group                           Marketing Aspect
80 Entitas Anak, Perusahaan Asosiasi,                       119 Tinjauan Keuangan
   dan Perusahaan Ventura                                       Financial Review
   Subsidiary, Associated Company, and Joint Venture        128 Struktur Modal
81 Alamat Kantor Cabang dan Kantor Perwakilan                   Capital Structure
   Addresses of Branch Offices and Representative Offices   129 Realisasi Penggunaan Dana Hasil Penawaran Umum
87 Lembaga dan Profesi Penunjang Pasar Modal                    Realization of The Use of Proceeds from Public Offering
   Capital Market Supporting Institutions and Professions   130 Kebijakan dan Pembagian Dividen
88 Akses Informasi Perusahaan                                   Policy and Dividend Distribution
   Access of The Company’s Information                      130 Program Kepemilikan Saham Oleh
89 Informasi pada Website Perusahaan                            Manajemen dan/atau Karyawan
   Information on The Company’s Website                         Management and/or Employees
                                                                Share Ownership Program




                                        04
                                                            130 Investasi Barang Modal
                                                                Investment in Capital Goods
                                                            131 Ikatan Material Terkait
Pendukung Bisnis                                                Investasi Barang Modal Material
Business Support                                                Commitment Related to Investment in Capital Good
                                                            131 Informasi Material Terkait Investasi, Ekspansi,
92 Sumber Daya Manusia                                          Divestasi, Penggabungan/Peleburan Usaha,
    Human Resources                                             Akuisisi, dan Restrukturisasi Utang/Modal
110 Teknologi Informasi                                         Material Information Regarding Investment, Expansion,
    Information Technology                                      Divestment, Merger / Consolidation, Acquisition, and
                                                                Debt / Capital Restructuring
                                                            132 Transaksi dengan Pihak Berelasi dan Transaksi
                                                                yang Mengandung Benturan Kepentingan
                                                                Transactions with Related Parties and
                                                                Transactions Containing Conflict of Interest
                                                            136 Perbandingan Target dan Realisasi 2023
                                                                Comparison Between Target and Realization in 2023
                                                            137 Prospek Usaha 2024
                                                                Business Prospect for 2024
                                                            138 Proyeksi 2024
                                                                Projection for 2024
                                                            139 Perubahan Peraturan Perundang-Undangan yang
                                                                Berpengaruh Signifikan Bagi Perusahaan
                                                                Amendment to Laws and Regulations
                                                                Affecting The Company Significantly
                                                            139 Perubahan Kebijakan Akuntansi
                                                                Changes in Accounting Policy
                                                            139 Informasi Material Setelah
                                                                Tanggal Laporan Keuangan
                                                                Material Information After
                                                                The Date of Financial Statement




                                                                                                                     7
Page 8
Tata Kelola Perusahaan
Good Corporate Governance
                                     06
142 Komitmen Penerapan Tata Kelola Perusahaan            256 Permasalahan Hukum
    Commitment to The Implementation of Good Corporate       Legal Cases
    Governance                                           257 Pengendalian Gratifikasi
148 Struktur Tata Kelola Perusahaan                          Gratuity Control
    Corporate Governance Structure                       257 Sanksi Administratif
149 Pemegang Saham                                           Administrative Sanction
    Shareholders                                         257 Sistem Pelaporan Pelanggaran
150 Rapat Umum Pemegang Saham                                Whistleblowing System
    General Meeting of Shareholders                      259 Rencana Strategis
167 Dewan Komisaris                                          Strategic Plan
    The Board of Commissioners                           260 Transparansi Kondisi Keuangan dan
178 Direksi                                                  Non-Keuangan Lainnya
    The Board of Directors                                   Transparency of Other Financial and Non-Financial
193 Dewan Pengawas Syariah                                   Conditions
    Sharia Supervisory Board




                                                                                                 07
200Kebijakan Remunerasi Dewan Komisaris,
    Direksi, dan Dewan Pengawas Syariah
    Remuneration Policy of The Board of Commissioners,
    Board of Directors, and Sharia Supervisory Board
                                                         Tanggung Jawab
                                                         Sosial Perusahaan
202 Organ Pendukung Dewan Komisaris                      Corporate Social Responsibility
    Supporting Organs of The Board of Commissioners
217 Organ Pendukung Direksi
    Supporting Organs of The Board of Directors          265 Komitmen Tanggung Jawab Lingkungan Hidup
220 Sekretaris Perusahaan                                    Environmental Responsibility Commitment
    Corporate Secretary                                  267 Tanggung Jawab Terhadap Ketenagakerjaan,
223 Unit Audit Internal                                      Kesehatan, dan Keselamatan Kerja
    Internal Audit Unit                                      Responsibility to Employment,
239 Sistem Pengendalian Internal                             Occupational Health, and Safety
    Internal Control System                              269 Tanggung Jawab Terhadap
241 Sistem Manajemen Risiko                                  Pengembangan Sosial dan Kemasyarakatan
    Risk Management System                                   Responsibility to Social and Community Development
248 Akuntan Publik                                       271 Tanggung Jawab Terhadap Debitur
    Public Accountant                                        Responsibility to Customers
250 Pengadaan Barang dan Jasa                            273 Surat Pernyataan Dewan Komisaris dan Direksi
    Procurement of Goods and Services                        tentang Tanggung Jawab atas
251 Kode Etik                                                Laporan Tahunan 2023 PT Maybank Indonesia Finance
    Code Of Conduct                                          Statement of the Board of Commissioners and
252 Penanganan Benturan Kepentingan                          the Board of Directors on the Responsibility for the
    Handling of Conflict of Interest                         2023 Annual Report of PT Maybank Indonesia Finance
253 Fungsi Kepatuhan
    Compliance Function
255 Program Anti Pencucian Uang dan




                                                                                                08
    Pencegahan Pendanaan Terorisme
    Anti-Money Laundering and Terrorism
    Financing Prevention Program
255 Manajemen Anti Fraud
                                                         Laporan Keuangan
                                                         Financial Statement
    Anti-Fraud Management
256 Pemberian Dana Kegiatan Politik
    Provision of Funds for Political Activities




8       2023 Laporan Tahunan
                    Annual Report
Page 9
Pendahuluan
   Introduction




             9
Page 10

          
Page 11
         KILAS
       KINERJA
Performance Highlight
Page 12
     Ikhtisar Kinerja Keuangan
     Financial Performance Highlights
                                                                                              Dalam jutaan rupiah, kecuali dinyatakan lain
                                                                                                 In million rupiah, unless otherwise stated

             Uraian                     2023        2022          2021          2020        2019                  Description

     Laporan Posisi Keuangan
     Statement of Financial Position
     Total Aset                    8.076.958        7.352.992    7.074.604     6.879.938    7.723.610      Total Assets
     Total Liabilitas                   4.377.321   3.920.265    4.082.693     4.270.177    5.476.021      Total Liabilities
     Total Ekuitas                 3.699.637        3.432.727     2.991.911    2.609.760    2.247.589      Total Equity
     Total Liabilitas dan          8.076.958        7.352.992    7.074.604     6.879.938    7.723.610      Total Liabilities and
     Ekuitas                                                                                               Equity
     Laporan Laba Rugi dan Penghasilan Komprehensif Lain
     Statement of Profit or Loss and Other Comprehensive Income
     Pendapatan                     1.099.845       1.036.163     1.031.127     1.159.022    1.181.255     Revenues
     Beban                              528.030      469.778      539.843        687.109     702.997       Expenses
     Laba Sebelum Beban                   571.815    566.385       491.284       471.913     478.258       Income before Final
     Pajak Final dan Pajak                                                                                 Tax and Income Tax
     Penghasilan                                                                                           Expense
     Beban Pajak Final                     (503)        (407)         (731)      (1.885)      (1.857)      Final Tax Expense
     Laba Sebelum Beban                   571.312    565.978      490.553       470.028      476.401       Income before
     Pajak Penghasilan                                                                                     Income Tax Expense
     Beban Pajak                        (127.521)    (125.514)    (109.153)    (107.890)    (122.979)      Income Tax Expense
     Penghasilan
     Laba Tahun Berjalan                 443.791     440.464      381.400        362.138     353.422       Income for the Year
     (Rugi) Laba                           (695)           352           747        950          (615)     Other Comprehensive
     Komprehensif                                                                                          Income (Loss) – Net
     Lainnya – Setelah                                                                                     of Tax
     Pajak
     Total Penghasilan                  443.096      440.816       382.147      363.088      352.808       Total Comprehensive
     Komprehensif Tahun                                                                                    Income for the Year
     Berjalan
     Laba per Saham                       13.710       13.607       11.783         11.187      10.918      Basic Earning per
     Dasar (dalam rupiah                                                                                   Share (in Full rupiah)
     penuh)
     Rasio Keuangan (dalam %)
     Financial Ratio (in %)
     Rasio Profitabilitas
     Profitability Ratio
     Laba Sebelum                          51,94        54,62        47,57        40,55         40,33      Income before
     Beban Pajak                                                                                           Income Tax Expense
     Penghasilan                                                                                           to Revenues
     terhadap
     Pendapatan
     Laba Tahun Berjalan                   40,35        42,51        36,99         31,25        29,92      Income for the Year
     terhadap                                                                                              to Revenues
     Pendapatan
     Return on Equity                      12,62        13,67         13,61        14,76         16,97     Return on Equity
     (ROE)                                                                                                 (ROE)
     Return on Asset                        7,76         8,86         7,98          6,54          6,24     Return on Asset
     (ROA)                                                                                                 (ROA)
     Pendapatan                            13,62        14,09        14,58         16,85        15,29      Revenues to Total
     terhadap Total Aset                                                                                   Assets




12       2023 Laporan Tahunan
                        Annual Report
Page 13
                                                                                                                                             Kilas Kinerja
                                                                                                                                       Performance Highlight




                                                                                                                Dalam jutaan rupiah, kecuali dinyatakan lain
                                                                                                                   In million rupiah, unless otherwise stated

        Uraian                2023                 2022                 2021           2020                    2019                 Description

 Rasio Likuiditas
 Liquidity Ratio
 Rasio Lancar                     39,17                 35,42                50,05        47,05                 393,92        Current Ratio
 Rasio Kas                           6,15                  2,01               5,06             3,04                 11,88 Cash Ratio
 Rasio Solvabilitas (dalam X)
 Solvency Ratio (in X)
 Rasio Liabilitas                 0,54                    0,53                0,58             0,62                 0,71      Ratio Liabilities to
 terhadap Total Aset                                                                                                          Total Assets
 Rasio Liabilitas                    1,18                   1,14              1,36             1,64                 2,44      Ratio Liabilities to
 terhadap Total                                                                                                               Total Equity
 Ekuitas
 Gearing Ratio                       1,14                  1,08               1,36             1,63                2,40 Gearing Ratio



Total Aset                                                                    Total Ekuitas
Total Assets                                       (dalam jutaan rupiah /
                                                        in million rupiah)
                                                                              Total Equity                                             (dalam jutaan rupiah /
                                                                                                                                            in million rupiah)


      7.723.610 6.879.938 7.074.604 7.352.992 8.076.958                              2.247.589 2.609.760          2.991.911    3.432.727 3.699.637




        2019        2020      2021          2022         2023                         2019            2020         2021          2022         2023



Laba Tahun Berjalan                                                           Laba per Saham Dasar
                                                   (dalam jutaan rupiah /                                                              (dalam jutaan rupiah /
Income for the Year                                     in million rupiah)    Basic Earning per Share                                       in million rupiah)


       353.422      362.138   381.400   440.464          443.791                      10.918          11.187       11.783       13.607        13.710




        2019        2020      2021          2022         2023                         2019        2020             2021         2022          2023




                                                                                                                                                                 13
Page 14
     Ikhtisar Kinerja Operasional
     Operational Performance Highlights

             Uraian              2023                 2022                     2021           2020                2019                  Description

     Pembiayaan Kendaraan Roda Empat (dalam unit)
     Four-wheeled Vehicle Financing (in unit)
     Mobil Baru                        39.074               40.205                28.205       23.722              45.263       New Cars
     Mobil Bekas                          514                   342                    437           561                 502    Used Cars
     Total                            39.588              40.547                  28.642      24.283               45.765       Total
     Pembiayaan Kendaraan Roda Empat (dalam miliar rupiah)
     Four-wheeled Vehicle Financing (in billion rupiah)
     Mobil Baru                        12.003                 11.164                  6.926     5.334               9.429       New Cars
     Mobil Bekas                             211                  114                   122          170                  181   Used Cars
     Total                             12.214                11.278                   7.048    5.504                9.610       Total
     Pembiayaan Alat Berat dan Mesin Industri (dalam unit)
     Heavy Equipment and Industrial Machinery Financing (in unit)
     Alat Berat dan                     3.045                 3.829                    676      1.575                    865    Heavy Equipment and
     Mesin Industri                                                                                                             Industrial Machinery
     Pembiayaan Alat Berat dan Mesin Industri (dalam miliar rupiah)
     Heavy Equipment and Industrial Machinery Financing (in billion rupiah)
     Alat Berat dan                       429                   424                    330          208                  280    Heavy Equipment and
     Mesin Industri                                                                                                             Industrial Machinery

     Pembiayaan Mobil Baru                                                             Pembiayaan Mobil Bekas
     New Cars Financing                                      (dalam unit / in unit)    Used Cars Financing                                 (dalam unit / in unit)

             45.263   23.722          28.205       40.205         39.074                       502          561          437        342            514




              2019    2020            2021         2022           2023                        2019         2020          2021      2022         2023

     Pembiayaan Mobil Baru                                                             Pembiayaan Mobil Bekas
                                                            (dalam miliar rupiah /                                                        (dalam miliar rupiah /
     New Cars Financing                                          in billion rupiah)    Used Cars Financing                                     in billion rupiah)


              9.429   5.334           6.926        11.164         12.003                      181          170           122        114           211




              2019    2020            2021         2022           2023                        2019         2020      2021         2022          2023




14       2023 Laporan Tahunan
                      Annual Report
Page 15
                                                                                                                          Kilas Kinerja
                                                                                                                     Performance Highlight




Pembiayaan Alat Berat                                                  Pembiayaan Alat Berat
dan Mesin Industri                                                     dan Mesin Industri
Heavy Equipment and                                                    Heavy Equipment and
                                              (dalam unit / in unit)                                                 (dalam miliar rupiah /
Industrial Machinery Financing                                         Industrial Machinery Financing                     in billion rupiah)


        865       1.575      676      3.829        3.045                      280       208          330       424          429




       2019      2020        2021     2022        2023                        2019      2020         2021     2022        2023



Ikhtisar Saham
Stock Highlights

Hingga akhir tahun 2023, Maybank Finance belum                         Until the end of 2023, Maybank Finance has not
melakukan penawaran kepemilikan saham ke publik.                       offered any shares to the public.



Ikhtisar Obligasi
Bonds Highlights

                             Total Obligasi                                                                  Peringkat Obligasi
                                                                                          Tingkat
                                (jutaan                                                                        Bonds Rating
                                                                        Tanggal Jatuh     Bunga
        Uraian                  Rupiah)        Tanggal Efektif
                                                                           Tempo          Kupon
      Description             Total Bonds       Effective Date
                                                                        Maturity Date   Coupon Rate           2022            2023
                                (million
                                                                                            (%)
                                Rupiah)

Obligasi Berkelanjutan II      350.000           2 April 2019           2 April 2024          9,35          AAA (idn)     AAA (idn)
Maybank Finance Tahap                            April 2, 2019          April 2, 2024
II Tahun 2019 Seri B
Maybank Finance Shelf
Registered Bonds II Phase
II Year 2019 Series B
Obligasi Berkelanjutan III     500.000           23 Juni 2021           23 Juni 2024          6,30          AAA (idn)     AAA (idn)
Maybank Finance Tahap                            June 23, 2021          June 23, 2024
I Tahun 2021
Maybank Finance Shelf
Registered Bonds III
Phase I Year 2021
Obligasi Berkelanjutan III     800.000        30 Maret 2022            30 Maret 2025          5,80          AAA (idn)     AAA (idn)
Maybank Finance Tahap                         March 30, 2022             March 30,
II Tahun 2022                                                              2025
Maybank Finance Shelf
Registered Bonds III
Phase II Year 2022




                                                                                                                                               15
Page 16
     Kronologi Pencatatan Obligasi
     Bonds Listing Chronology

                                       Total Obligasi                                          Tingkat
                                                                            Tanggal Jatuh                   Peringkat
              Uraian                  (jutaan Rupiah)     Tanggal Efektif                    Bunga Kupon
                                                                               Tempo                         Obligasi
            Description                 Total Bonds        Effective Date                    Coupon Rate
                                                                            Maturity Date                  Bonds Rating
                                      (million Rupiah)                                           (%)

     Obligasi I 2012 Seri C              143.000           7 Juni 2012      7 Juni 2016         8,00        AA+ (idn)
     Bonds I 2012 Series C                                 June 7, 2012     June 7, 2016
     Obligasi I 2012 Seri B              381.000           7 Juni 2012       7 Juni 2015        7,90        AA+ (idn)
     Bonds I 2012 Series B                                 June 7, 2012      June 7, 2015
     Obligasi I 2012 Seri A               101.000          7 Juni 2012       7 Juni 2013        6,50        AA+ (idn)
     Bonds I 2012 Series A                                 June 7, 2012      June 7, 2013
     Obligasi II 2013 Seri B             525.000            19 Juni 2013     19 Juni 2018       8,25        AA+ (idn)
     Bonds II 2013 Series B                                June 19, 2013    June 19, 2018
     Obligasi II 2013 Seri A             775.000            19 Juni 2013     19 Juni 2016       7,75        AA+ (idn)
     Bonds II 2013 Series A                                June 19, 2013    June 19, 2016
     Obligasi Berkelanjutan I            300.000           12 November      12 November         10,35       AA+ (idn)
     BII Finance Tahap I Tahun                                 2015             2018
     2015 Seri A                                           November 12,     November 12,
     BII Finance Shelf                                         2015             2018
     Registered Bonds I Phase
     I 2015 Series A
     Obligasi Berkelanjutan I            200.000           12 November      12 November         10,90       AA+ (idn)
     BII Finance Tahap I Tahun                                 2015             2020
     2015 Seri B                                           November 12,     November 12,
     BII Finance Shelf                                         2015             2020
     Registered Bonds I Phase
     I 2015 Series B
     Obligasi Berkelanjutan I            750.000           13 April 2016    13 April 2019       9,10        AA+ (idn)
     Maybank Finance Tahap                                 April 13, 2016   April 13, 2019
     II Tahun 2016 Seri A
     Maybank Finance Shelf
     Registered Bonds I Phase
     II 2016 Series A
     Obligasi Berkelanjutan I            350.000           13 April 2016    13 April 2021       9,35        AA+ (idn)
     Maybank Finance Tahap                                 April 13, 2016   April 13, 2021
     II Tahun 2016 Seri B
     Maybank Finance Shelf
     Registered Bonds I Phase
     II 2016 Series B
     Obligasi Berkelanjutan I            800.000         3 November 2016    3 November          8,30        AA+ (idn)
     Maybank Finance Tahap                               November 3, 2016      2019
     III Tahun 2016 Seri A                                                  November 3,
     Maybank Finance Shelf                                                     2019
     Registered Bonds I Phase
     III 2016 Series A
     Obligasi Berkelanjutan I            300.000         3 November 2016    3 November          8,80        AA+ (idn)
     Maybank Finance Tahap                               November 3, 2016      2021
     III Tahun 2016 Seri B                                                  November 3,
     Maybank Finance Shelf                                                     2021
     Registered Bonds I Phase
     III Year 2016 Series B
     Obligasi Berkelanjutan I            1.150.000         15 November      15 November         7,65        AA+ (idn)
     Maybank Finance Tahap                                     2017             2020
     IV Tahun 2017 Seri A                                  November 15,     November 15,
     Maybank Finance Shelf                                     2017             2020
     Registered Bonds I Phase
     IV Year 2017 Series A




16       2023 Laporan Tahunan
                      Annual Report
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                                                                                                      Kilas Kinerja
                                                                                                 Performance Highlight




                              Total Obligasi                                         Tingkat
                                                                  Tanggal Jatuh                   Peringkat
         Uraian              (jutaan Rupiah)    Tanggal Efektif                    Bunga Kupon
                                                                     Tempo                         Obligasi
       Description             Total Bonds       Effective Date                    Coupon Rate
                                                                  Maturity Date                  Bonds Rating
                             (million Rupiah)                                          (%)

Obligasi Berkelanjutan I         50.000         15 November       15 November         7,90         AA+ (idn)
Maybank Finance Tahap                               2017              2022
IV Tahun 2017 Seri B                            November 15,      November 15,
Maybank Finance Shelf                               2017              2022
Registered Bonds I Phase
IV Year 2017 Series B
Obligasi Berkelanjutan II       400.000          17 Mei 2018       17 Mei 2021        7,75         AA+ (idn)
Maybank Finance Tahap I                          May 17, 2018      May 17, 2021
Tahun 2018 Seri A
Maybank Finance Shelf
Registered Bonds II
Phase I Year 2018 Series
A
Obligasi Berkelanjutan II       100.000          17 Mei 2018       17 Mei 2023        8,00         AAA (idn)
Maybank Finance Tahap I                          May 17, 2018      May 17, 2023
Tahun 2018 Seri B
Maybank Finance Shelf
Registered Bonds II
Phase I Year 2018 Series
B
Obligasi Berkelanjutan II       650.000          2 April 2019      2 April 2022       9,00         AA+ (idn)
Maybank Finance Tahap                            April 2, 2019     April 2, 2022
II Tahun 2019 Seri A
Maybank Finance Shelf
Registered Bonds II
Phase II Year 2019 Series
A
Obligasi Berkelanjutan II       350.000          2 April 2019      2 April 2024       9,35         AAA (idn)
Maybank Finance Tahap                            April 2, 2019     April 2, 2024
II Tahun 2019 Seri B
Maybank Finance Shelf
Registered Bonds II
Phase II Year 2019 Series
B
Obligasi Berkelanjutan III      500.000          23 Juni 2021     23 Juni 2024        6,30         AAA (idn)
Maybank Finance Tahap I                         June 23, 2021     June 23, 2024
Tahun 2021
Maybank Finance Shelf
Registered Bonds III
Phase I Year 2021
Obligasi Berkelanjutan III      800.000         30 Maret 2022     30 Maret 2025       5,80         AAA (idn)
Maybank Finance Tahap                           March 30, 2022    March 30, 2025
II Tahun 2022
Maybank Finance Shelf
Registered Bonds III
Phase II Year 2022

Pemeringkatan obligasi dilakukan oleh PT Fitch Ratings Indonesia.
Bonds rating was performed by PT Fitch Ratings Indonesia.




                                                                                                                   17
Page 18
     Penghargaan Tahun 2023
     Awards in 2023




                                      InfoBank Top                                         InfoBank Top
                      The Inspiration From Successful                             The Inspiration From Successful
                       Leaders in Crisis - Alexander                             Leaders in Crisis - Miki Efendi Lim




           Warta Ekonomi                                    The Iconomics                           Economic Review
  Best Performance Chief Financial              Top Sharia Business Unit in Multifinance   3rd.-The Best Indonesia GCG-2023
Officer 2023 in Efficiency to Generate                         Category                          Category : Multifinance
     Solid Financial Performance                                                                 ( Asset Rp5 T - Rp10 T )




                Economic Review                              Economic Review                          Economic Review
       4th. - The Best Indonesia Enterprise               4th. - The Best Indonesia            The Best Indonesia Finance for
             Risk Management - 2023                             Finance - 2023               “MULTIFINANCE COMPANY” (Asset
                                                                                                      Rp5 T - Rp10 T)




18       2023 Laporan Tahunan
                      Annual Report
Page 19
                                                                                                          Kilas Kinerja
                                                                                                    Performance Highlight




           Warta Ekonomi                         Economic Review                         Economic Review
   The Best HR Management for The          The Best Corporate Secretary &        The Best Indonesia Sales Marketing
 Outstanding Commitment on Providing        Communication Award 2023                        Award 2023
 Competence Based Human Resources
   Management System and Inclusive
         Working Environment




            Warta Ekonomi                              Infobank                            Info Ekonomi
  Indonesia Best CSR Award 2023 with            The Best Performance            Atas Prestasi Membangun Corporate
Oustanding Program in Social Development      Multifinance Company 2023        Brand dan Kinerja Keuangan yang Baik
     and Environmental Conservation            ( Asset Rp5 T - Rp10 T )




              Info Ekonomi                          The Finance                            Warta Ekonomi
            Atas Keberhasilan          The Best Performing Multifinance 2023           Best Digital Finance for
           Dalam Membangun                based on Financial Performance          Instant Credit Application Process
         Digital Corporate Brand                    2020-2022                           (Asset Rp5 T - Rp10 T)




                                                                                                                       19
Page 20

          
Page 21
  LAPORAN
MANAJEMEN
Management Report
Page 22
 Laporan Dewan Komisaris
 The Board of Commissioner’s Report




                                 Deswandhy Agusman
                                        Presiden Komisaris (Independen)
                                      President Commissioner (Independent)




22   2023 Laporan Tahunan
              Annual Report
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                                                                                             Laporan Manajemen
                                                                                                  Management Report




Pemegang saham yang terhormat,                           Dear Shareholders,

Puji syukur kami ucapkan ke hadirat Tuhan Yang Maha      Praise be to God Almighty, for His blessings and
Esa, atas berkat dan karunia yang menyertai, Perseroan   grace, the Company was able to overcome various
mampu melewati beragam tantangan di tahun 2023           challenges in 2023 and deliver its best performance.
dan memberikan kinerja terbaiknya. Atas nama Dewan       On behalf of the Board of Commissioners of PT
Komisaris PT Maybank Indonesia Finance (“Perseroan”),    Maybank Indonesia Finance (the "Company"), allow
perkenankan kami untuk menyampaikan laporan              us to submit our supervisory report for 2023 to ensure
pengawasan untuk tahun 2023 untuk memastikan             that the Company operates in accordance with the
bahwa Perseroan beroperasi sesuai dengan standar         highest standards, complies with applicable regulations,
tertinggi, mematuhi peraturan yang berlaku, dan          and generates maximum value for stakeholders.
menghasilkan nilai yang maksimal bagi para pemangku
kepentingan.

Pandangan Dewan Komisaris atas Kondisi                   Board of Commissioners' View on External
Eksternal                                                Conditions

Dewan Komisaris dengan seksama memperhatikan             The Board of Commissioners is paying close attention
kondisi eksternal yang mempengaruhi operasional          to external conditions that affect the Company's
dan pertumbuhan Perseroan. Tahun 2023 menjadi            operations and growth. The year 2023 will be a
tahun yang menantang dengan adanya berbagai              challenging year with various obstacles that need to
kendala yang perlu dihadapi, namun juga menyajikan       be faced, but also presents opportunities for the
peluang bagi Perseroan untuk berkembang lebih jauh.      Company to grow further.

Salah satu kendala utama yang kami identifikasi          One of the main obstacles we identified is the
adalah persaingan yang semakin ketat dan agresif,        increasingly intense and aggressive competition,
terutama dalam industri pembiayaan kendaraan.            especially in the vehicle financing industry. This
Kondisi ini mengharuskan Perseroan untuk terus           condition requires the Company to continuously
meningkatkan daya saing, inovasi produk, dan             improve its competitiveness, product innovation, and
pelayanan guna mempertahankan dan memperluas             services to maintain and expand market share. In
pangsa pasar. Selain itu, kami juga memperhatikan        addition, we are also concerned about the stability
kondisi kestabilan tingkat inflasi yang menjadi dampak   of the inflation rate as a result of dynamic
dari kondisi makroekonomi yang dinamis. Hal ini          macroeconomic conditions. This requires effective
memerlukan manajemen risiko yang efektif agar            risk management so that the Company can anticipate
Perseroan dapat mengantisipasi dan mengelola             and manage the impact of economic fluctuations
dampak dari fluktuasi ekonomi dengan bijaksana.          wisely.

Pengawasan dalam Perumusan dan Penerapan                 Supervision of Business Strategy Formulation and
Strategi Bisnis                                          Implementation

Dewan Komisaris memastikan bahwa strategi bisnis         The Board of Commissioners ensures that the
perusahaan sesuai dengan visi, misi, dan tujuan jangka   Company's business strategy is in line with its vision,
panjang yang telah ditetapkan. Oleh karena itu, kami     mission and long-term goals. Therefore, we have
telah melaksanakan fungsi pengawasan secara cermat       carried out our supervisory function carefully on the
terhadap perumusan dan penerapan strategi bisnis         formulation and implementation of the Company's
Perseroan.                                               business strategy.

Dewan Komisaris telah aktif terlibat dalam proses        The Board of Commissioners has been actively involved
perumusan strategi bisnis dengan melakukan rapat         in the business strategy formulation process by
bersama Direksi. Melalui rapat-rapat ini, kami           conducting meetings with the Board of Directors.
memberikan masukan, arahan, serta pertimbangan           Through these meetings, we provide valuable input,
yang berharga guna memastikan bahwa strategi yang        direction and consideration to ensure that the proposed




                                                                                                                    23
Page 24
     diusulkan memiliki kesesuaian dengan kondisi pasar       strategy is in line with market conditions and potential
     dan potensi risiko yang mungkin dihadapi.                risks.

     Pada tahun 2023, Dewan Komisaris bersama Direksi         In 2023, the Board of Commissioners and the Board
     telah mengadakan rapat gabungan sebanyak 4 kali          of Directors held 4 joint meetings to discuss various
     guna membahas berbagai aspek strategis Perseroan.        strategic aspects of the Company. These meetings
     Rapat-rapat ini menjadi forum yang efektif untuk         served as an effective forum to discuss, evaluate and
     berdiskusi, mengevaluasi, dan menyepakati langkah-       agree on the strategic steps required to achieve the
     langkah strategis yang diperlukan untuk mencapai         Company's objectives.
     tujuan Perseroan.

     Selain itu, kami juga dibantu oleh Komite Audit,         In addition, we are also assisted by the Audit Committee,
     Komite Nominasi dan Remunerasi, serta Komite             Nomination and Remuneration Committee, and Risk
     Pemantau Risiko. Komite-komite ini memberikan            Monitoring Committee. These committees provide
     rekomendasi yang konstruktif kepada Dewan Komisaris,     constructive recommendations to the Board of
     yang menjadi landasan bagi pengambilan keputusan         Commissioners, which form the basis for decision-
     terkait pengawasan atas pengelolaan Perseroan.           making regarding the supervision of the Company's
                                                              management.

     Penilaian Dewan Komisaris atas Kinerja Direksi           Board of Commissioners' Assessment of the Board
                                                              of Directors' Performance

     Dewan Komisaris telah melakukan evaluasi terhadap        The Board of Commissioners has evaluated the
     kinerja Direksi dengan cermat dan berdasarkan            performance of the Board of Directors carefully and
     berbagai faktor yang relevan. Di tengah tantangan        based on various relevant factors. Amidst the challenges
     yang dihadapi dan peluang bisnis yang ada, kami          faced and business opportunities available, we assess
     menilai bahwa Direksi telah menjalankan tugasnya         that the Board of Directors has performed its duties
     dengan optimal selama tahun 2023.                        optimally during 2023.

     Direksi telah berhasil menjalankan arahan yang           The Board of Directors has successfully carried out
     diberikan oleh Dewan Komisaris, terutama terkait         the directions given by the Board of Commissioners,
     dengan fokus pada target yang ingin dicapai Perseroan    especially with regard to focusing on the targets the
     sambil tetap memperhitungkan risiko dan dampak           Company wants to achieve while still taking into
     bagi Perseroan. Upaya Direksi dalam menjaga              account the risks and impacts for the Company. The
     keseimbangan antara pencapaian target dan mitigasi       Board of Directors' efforts in maintaining a balance
     risiko telah memberikan hasil yang positif.              between target achievement and risk mitigation have
                                                              yielded positive results.

     Pada tahun 2023, Perseroan berhasil mencatatkan          In 2023, the Company managed to record a good
     kinerja yang baik, yang tercermin dari pertumbuhan       performance, which was reflected in significant
     kinerja yang signifikan dan tingkat Non-Performing       performance growth and a low level of Non-Performing
     Loan (NPL) yang cenderung rendah. Prestasi ini           Loan (NPL). This achievement is the result of hard
     adalah hasil dari kerja keras, dedikasi, dan kebijakan   work, dedication, and the right policies implemented
     yang tepat yang dilaksanakan oleh Direksi.               by the Board of Directors.

     Selain itu, kami juga mengapresiasi transparansi,        In addition, we also appreciate the transparency,
     akuntabilitas, dan integritas yang ditunjukkan oleh      accountability and integrity demonstrated by the
     Direksi dalam menjalankan tugasnya. Komunikasi           Board of Directors in carrying out their duties. Good
     yang baik antara Direksi dengan Dewan Komisaris          communication between the Board of Directors and
     juga telah memperkuat kerjasama yang diperlukan          the Board of Commissioners has also strengthened
     untuk mencapai tujuan perusahaan.                        the cooperation necessary to achieve the company's
                                                              goals.




24        2023 Laporan Tahunan
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                                                                                             Laporan Manajemen
                                                                                                   Management Report




Dewan Komisaris ingin menegaskan bahwa kami               The Board of Commissioners would like to emphasize
memiliki kepercayaan penuh terhadap Direksi               that we have full confidence in the Board of Directors.
Perseoran. Kami yakin bahwa Direksi memiliki              We are confident that the Board of Directors has the
kemampuan, kompetensi, dan komitmen yang                  necessary capabilities, competencies and commitment
diperlukan untuk menghadapi berbagai tantangan            to face the challenges and capitalize on the
dan memanfaatkan peluang yang ada guna                    opportunities to improve the Company's performance
meningkatkan kinerja Perseroan di masa yang akan          in the future.
datang.

Pandangan atas Prospek Usaha                              Outlook on Business Prospects

Dewan Komisaris memandang bahwa di tahun yang             The Board of Commissioners is of the view that in
akan datang, persaingan di pasar akan semakin ketat       the coming year, competition in the market will
dan cenderung sangat agresif. Namun, kami percaya         intensify and tend to be very aggressive. However,
bahwa dengan strategi yang tepat, Perseroan dapat         we believe that with the right strategy, the Company
tetap berkembang dan mengambil peluang-peluang            can continue to grow and seize opportunities.
yang ada.

Dewan Komisaris melihat adanya peluang pertumbuhan        The Board of Commissioners sees significant growth
yang signifikan. Industri pembiayaan masih akan           opportunities. The financing industry will still grow
tumbuh lebih tinggi, terutama pada segmen                 higher, especially in the financing segments of new
pembiayaan mobil baru, mobil bekas, alat berat, dan       cars, used cars, heavy equipment, and industrial
mesin industri yang sesuai dengan target segmen           machinery which are in line with the Company's target
perusahaan. Selain itu, kami mengamati adanya             segments. In addition, we observe growth potential
potensi pertumbuhan pada industri kendaraan listrik       in the emerging electric vehicle industry, as well as
yang sedang berkembang, serta peluang pemanfaatan         opportunities to utilize technology to improve the
teknologi untuk meningkatkan efisiensi operasional        efficiency of the company's business operations.
bisnis perusahaan.

Hal ini sejalan dengan rencana bisnis yang disusun        This is in line with the business plan prepared by the
oleh Direksi yang berfokus pada dinamika pertumbuhan      Board of Directors which focuses on the growth
industri otomotif, khususnya pada kendaraan berbasis      dynamics of the automotive industry, particularly in
baterai. Perseroan melihat potensi yang besar dalam       battery-based vehicles. The Company sees great
pengembangan bisnis ini, mengingat tren global            potential in the development of this business, given
menuju mobil listrik dan pergeseran paradigma             the global trend towards electric cars and the paradigm
keberlanjutan dalam industri otomotif.                    shift of sustainability in the automotive industry.

Perseroan berkomitmen untuk mengembangkan                 The Company is committed to developing the business
bisnis secara berkelanjutan, sambil tetap                 in a sustainable manner, while still considering the
mempertimbangkan risiko usaha yang mungkin                business risks that may be faced. The Board of
dihadapi. Dewan Komisaris menyatakan dukungannya          Commissioners expresses its support for the plan
terhadap rencana yang telah disusun oleh Direksi.         that has been prepared by the Board of Directors.
Kami percaya bahwa rencana tersebut menggambarkan         We believe that the plan illustrates a clear vision and
visi yang jelas dan strategi yang kuat untuk menghadapi   a strong strategy to face challenges and capitalize
tantangan dan memanfaatkan peluang yang ada di            on opportunities in the market.
pasar.




                                                                                                                    25
Page 26
     Pandangan atas Penerapan GCG                            Outlook on GCG Implementation

     Dewan Komisaris telah melakukan evaluasi terhadap       The Board of Commissioners has evaluated the
     penerapan Good Corporate Governance (GCG) dalam         implementation of Good Corporate Governance (GCG)
     operasional perusahaan dan menilai bahwa penerapan      in the Company's operations and assessed that the
     GCG telah berjalan dengan baik selama tahun 2023.       implementation of GCG has been running well during
     Kami mengamati bahwa setiap organ di Perseroan          2023. We observed that each organ in the Company
     telah menjalankan tugas dan tanggung jawabnya           has carried out its duties and responsibilities effectively,
     secara efektif, sesuai dengan prinsip-prinsip GCG       in accordance with the established GCG principles.
     yang telah ditetapkan. Hal ini mencakup upaya untuk     This includes efforts to ensure ethical behavior,
     memastikan perilaku beretika, transparansi dalam        transparency in the delivery of information,
     penyampaian informasi, akuntabilitas atas keputusan     accountability for decisions and actions taken, and
     dan tindakan yang diambil, serta komitmen terhadap      commitment to the sustainability of the Company.
     keberlanjutan Perseroan.

     Penerapan pilar-pilar GCG ini telah menjadi landasan    The implementation of these GCG pillars has become
     yang kuat dalam pengambilan keputusan di semua          a strong foundation for decision-making at all levels
     tingkatan Perseroan, memastikan bahwa setiap            of the Company, ensuring that every step taken is
     langkah yang diambil selaras dengan nilai-nilai etika   aligned with ethical values and the long-term interests
     dan kepentingan jangka panjang Perseroan. Meskipun      of the Company. Nonetheless, the Board of
     demikian, Dewan Komisaris tetap memahami bahwa          Commissioners recognizes that there is always room
     selalu ada ruang untuk perbaikan. Oleh karena itu,      for improvement. Therefore, we hope that the
     kami berharap agar penerapan GCG dapat terus            implementation of GCG can be continuously improved
     ditingkatkan di masa mendatang. Langkah-langkah         in the future. Concrete steps need to be taken to
     konkret perlu diambil untuk memastikan bahwa            ensure that GCG principles continue to be a top
     prinsip-prinsip GCG terus menjadi prioritas utama       priority in all aspects of the Company's operations.
     dalam semua aspek operasional Perseroan.

     Perubahan Komposisi Dewan Komisaris                     Changes in the Composition of the Board of
                                                             Commissioners

     Komposisi Dewan Komisaris tidak mengalami               The composition of the Board of Commissioners will
     perubahan di tahun 2023 yaitu dengan komposisi          remain unchanged in 2023 with the following
     sebagai berikut:                                        composition:
     Presiden Komisaris                                      President Commissioner
     (Independen) 		       : Deswandhy Agusman               (Independent)		         : Deswandhy Agusman
     Komisaris 		          : Steffano Ridwan                 Commissioner 		         : Steffano Ridwan




26        2023 Laporan Tahunan
                     Annual Report
Page 27
                                                                                            Laporan Manajemen
                                                                                                 Management Report




Apresiasi                                                 Appreciation

Dewan Komisaris ingin menyampaikan apresiasi yang         The Board of Commissioners would like to express
tulus kepada semua pihak yang telah berperan serta        its sincere appreciation to all parties who have
dalam kesuksesan perusahaan selama tahun 2023.            contributed to the company's success during 2023.
Terima kasih kami ucapkan kepada Direksi, manajemen,      We would like to thank the Board of Directors,
dan seluruh karyawan atas komitmen dan kerja keras        management, and all employees for their commitment
mereka dalam menjalankan tugas dan tanggung               and hard work in carrying out their respective duties
jawab masing-masing. Kami juga mengucapkan terima         and responsibilities. We would also like to thank our
kasih kepada para pemegang saham, pelanggan,              shareholders, customers, business partners, and all
mitra bisnis, dan seluruh pemangku kepentingan            other stakeholders who have given their support and
lainnya yang telah memberikan dukungan dan                trust to the Company. The cooperation, dedication,
kepercayaan mereka kepada Perseroan. Kerjasama,           and contribution of each party are very meaningful
dedikasi, dan kontribusi setiap pihak sangatlah berarti   to the Company's achievements. The Company is
bagi pencapaian Perseroan yang telah diraih. Perseroan    committed to continuously improve its performance
berkomitmen untuk terus meningkatkan kinerja dan          and realize its vision and mission in the future.
mewujudkan visi serta misinya di masa yang akan
datang.




                                      Atas nama Dewan Komisaris,
                                 On behalf of the Board of Commissioners,




                                            Deswandhy Agusman
                                      Presiden Komisaris (Independen)
                                   President Commissioner (Independent)
                                       PT Maybank Indonesia Finance




                                                                                                                  27
Page 28
     Laporan Direksi
     The Board of Director’s Report




                                      Alexander
                                        Presiden Direktur
                                         President Director




28      2023 Laporan Tahunan
                 Annual Report
Page 29
                                                                                                  Laporan Manajemen
                                                                                                        Management Report




Pemegang saham yang terhormat,                              Dear Shareholders,

Puji syukur ke hadirat Tuhan Yang Maha Esa atas             Praise be to God Almighty for His abundance of mercy
limpahan rahmat dan karunia-Nya sehingga Perseroan          and grace so that the Company is able to provide
mampu memberikan kinerja yang optimal di tengah             optimal performance in the midst of challenging
kondisi yang menantang di tahun 2023. Atas nama             conditions in 2023. On behalf of the Board of Directors,
Direksi, perkenankan kami untuk menyampaikan                please allow us to submit the annual report of PT
laporan tahunan PT Maybank Indonesia Finance                Maybank Indonesia Finance (the "Company") for the
("Perseroan") untuk tahun 2023. Laporan ini                 year 2023. This report reflects the Company's journey
mencerminkan perjalanan Perseroan selama satu               over the past year and the various efforts we have
tahun terakhir dan berbagai upaya yang telah kami           made to achieve the strategic objectives that have
lakukan untuk mencapai tujuan strategis yang telah          been set.
ditetapkan.

Kondisi Perekonomian Tahun 2023                             Economic Conditions in 2023

Tahun 2023 menjadi tahun yang menarik dalam                 The year 2023 will be an interesting year in terms of
dinamika perekonomian, baik secara global maupun            economic dynamics, both globally and locally. At the
lokal. Di tingkat global, terjadi perubahan signifikan      global level, there have been significant changes in
dalam tren ekonomi, termasuk pengaruh dari                  economic trends, including the impact of geopolitical
ketegangan geopolitik dan volatilitas pasar keuangan.       tensions and financial market volatility. On the other
Di sisi lain, di tingkat domestik, perekonomian Indonesia   hand, at the domestic level, Indonesia's economy
terus menunjukkan pertumbuhan yang stabil, meskipun         continues to show steady growth, albeit with lingering
dengan tantangan dan ketidakpastian yang masih              challenges and uncertainties.
ada.

Pada tahun 2023, perekonomian Indonesia menghadapi          In 2023, the Indonesian economy faces various
berbagai dinamika yang mempengaruhi aktivitas               dynamics that affect business activities, including in
bisnis, termasuk di sektor keuangan. Persaingan             the financial sector. Competition in the vehicle financing
dalam industri pembiayaan kendaraan semakin ketat           industry is getting tighter and more aggressive, while
dan agresif, sementara stabilitas tingkat inflasi perlu     the stability of the inflation rate needs to be maintained
terus dijaga untuk menjaga keberlangsungan aktivitas        to sustain economic activity.
ekonomi.

Meskipun demikian, kondisi perekonomian yang                Nevertheless, the dynamic economic conditions also
dinamis juga membawa sejumlah peluang bagi                  bring a number of opportunities for the Company.
Perseroan. Pertumbuhan sektor industri pembiayaan           The growth of the financing industry sector is still
masih menunjukkan progres yang baik, terutama               showing good progress, especially with the potential
dengan adanya potensi pertumbuhan pada industri             growth in the electric vehicle industry and the utilization
kendaraan listrik dan pemanfaatan teknologi untuk           of technology to improve operational efficiency.
meningkatkan efisiensi operasional.

Dalam menghadapi kondisi perekonomian yang                  In the face of such dynamic economic conditions, we
dinamis tersebut, kami telah mengambil langkah-             have taken strategic steps to ensure that the Company
langkah strategis untuk memastikan bahwa Perseroan          remains competitive and relevant in the market.
tetap kompetitif dan relevan di pasar. Melalui strategi-    Through appropriate strategies, we strive to optimize
strategi yang tepat, kami berupaya untuk                    the opportunities available while overcoming the
mengoptimalkan peluang yang ada sambil mengatasi            challenges faced.
berbagai tantangan yang dihadapi.




                                                                                                                          29
Page 30
 Strategi Bisnis yang Dijalankan Direksi                     Business Strategy implemented by the Board of
                                                             Directors

 Strategi bisnis yang kami terapkan pada tahun 2023          The business strategy that we implemented in 2023
 telah difokuskan untuk meningkatkan pangsa pasar            has been focused on increasing the Company's market
 dan keunggulan kompetitif Perseroan. Langkah-               share and competitive advantage. The strategic
 langkah strategis tersebut antara lain:                     measures include:
     • Fokus pada pembiayaan mobil baru di segmen               • Focus on new car financing in the upper-middle
        menengah ke atas.                                          segment.
     • Meningkatkan pemasaran pembiayaan                        • Increase marketing of four-wheelers, heavy
        kendaraan roda empat, alat berat, dan mesin                equipment, and industrial machinery financing for
        industri untuk debitur dari PT Bank Maybank                customers of PT Bank Maybank Indonesia Tbk.
        Indonesia Tbk.
     • Menggarap potensi pasar pembiayaan mobil                 •   Explore the market potential of electric car
        listrik.                                                    financing.
     • Meningkatkan kecepatan layanan proses aplikasi           •   Improve the speed of credit application
        kredit.                                                     processing services.
     • Meningkatkan pelayanan kepada konsumen                   •   Improve customer service through service
        melalui program service quality yang bersinergi             quality programs in synergy with PT Bank
        dengan PT Bank Maybank Indonesia Tbk.                       Maybank Indonesia Tbk.
     • Meningkatkan kualitas sumber daya manusia                •   Improve the quality of human resources through
        melalui program training, e-learning, dan                   training, e-learning, and knowledge management
        knowledge management.                                       programs.
     • Mengembangkan sistem teknologi informasi                 •   Continuously develop information technology
        secara berkesinambungan dengan melanjutkan                  systems by continuing the application of digital
        penerapan teknologi digital dalam proses bisnis.            technology in business processes.
     • Mengembangkan secara berkelanjutan untuk                 •   Continuously develop to provide services to
        memberikan layanan kepada konsumen melalui                  consumers through mobile technology-based
        aplikasi berbasis teknologi mobile.                         applications.

 Peran Direksi dalam Perumusan Strategi                      Role of the Board of Directors in Strategy
                                                             Formulation

 Direksi memiliki peran penting dalam merumuskan             The Board of Directors plays an important role in
 strategi bisnis Perseroan. Salah satu langkah yang          formulating the Company's business strategy. One
 kami ambil adalah mengadakan rapat konsolidasi              of the steps we take is to hold consolidation meetings
 dengan Kepala Divisi terkait. Dalam rapat ini, kami         with the relevant Division Heads. In these meetings,
 secara aktif terlibat dalam diskusi untuk merumuskan        we are actively involved in discussions to formulate
 strategi yang akan dilaksanakan. Kolaborasi antara          the strategies to be implemented. Collaboration
 Direksi dan Kepala Divisi merupakan fondasi utama           between the Board of Directors and Division Heads
 dalam menghasilkan strategi yang komprehensif dan           is the main foundation in producing a comprehensive
 efektif.                                                    and effective strategy.

 Proses Penerapan Strategi Bisnis                            Business Strategy Implementation Process

 Kami juga memastikan bahwa progres strategi yang            We also ensure that the progress of the strategies
 telah dirumuskan terus dipantau dan dievaluasi secara       that have been formulated is continuously monitored
 berkala. Untuk itu, kami mengadakan rapat konsolidasi       and evaluated on a regular basis. To this end, we hold
 bulanan yang membahas perkembangan kinerja dari             monthly consolidation meetings that discuss the
 masing-masing unit bisnis. Dalam rapat ini, kami meninjau   performance progress of each business unit. In these
 pencapaian, mengidentifikasi kendala yang dihadapi,         meetings, we review achievements, identify obstacles
 dan mencari solusi untuk memperbaiki kinerja.               faced, and seek solutions to improve performance.




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Pada tahun 2023, Direksi telah melaksanakan 12 kali     In 2023, the Board of Directors held 12 internal meetings
rapat internal sebagai bagian dari proses penerapan     as part of the process of implementing business
strategi bisnis. Rapat-rapat ini menjadi forum yang     strategies. These meetings serve as an effective forum
efektif untuk berdiskusi, memecahkan masalah, dan       to discuss, solve problems, and take the necessary
mengambil langkah-langkah yang diperlukan untuk         steps to achieve the Company's objectives.
mencapai tujuan Perseroan.

Melalui proses ini, Direksi memastikan bahwa strategi   Through this process, the Board of Directors ensures
bisnis yang telah dirumuskan tidak hanya menjadi        that the business strategy that has been formulated
rencana, tetapi juga terimplementasikan dengan baik     is not only a plan, but also well implemented at all
di seluruh tingkatan Perseroan. Pemantauan secara       levels of the Company. Regular and responsive
berkala dan responsif akan membantu kami untuk          monitoring will enable us to identify necessary changes
mengidentifikasi perubahan yang diperlukan dan          and take appropriate actions to ensure the success
mengambil tindakan yang tepat untuk memastikan          of the Company's business strategy.
kesuksesan strategi bisnis Perseroan.

Kinerja Tahun 2023                                      2023 Performance

Tahun 2023 telah menjadi tahun yang cukup baik          The year 2023 has been a good year for the Company,
bagi Perseroan, yang ditandai dengan pencapaian         characterized by the achievement of solid growth
pertumbuhan yang solid dan pemeliharaan tingkat         and the maintenance of a low Non-Performing Loan
Non-Performing Loan (NPL) yang tetap rendah.            (NPL) level. The Company's performance during 2023
Kinerja Perseroan selama tahun 2023 telah               has shown positive results.
menunjukkan hasil yang positif.

Pertumbuhan yang kami capai selama tahun 2023           The growth we achieved during 2023 is a testament
adalah bukti dari komitmen dan kerja keras dari         to the commitment and hard work of the entire team,
seluruh tim, serta strategi yang telah kami terapkan    as well as the strategies we have effectively
secara efektif. Meskipun dihadapkan pada berbagai       implemented. Despite the challenges faced in a
tantangan dalam lingkungan ekonomi yang dinamis,        dynamic economic environment, we managed to
kami berhasil mencatatkan pertumbuhan yang              record significant growth in various aspects of our
signifikan dalam berbagai aspek bisnis kami.            business.

Selain itu, keberhasilan kami dalam menjaga tingkat     In addition, our success in keeping our NPL levels low
NPL tetap rendah merupakan pencapaian yang              is a great achievement. This shows that we have
membanggakan. Hal ini menunjukkan bahwa kami            managed our risks well and maintained a stable
telah berhasil mengelola risiko dengan baik dan         portfolio quality.
mempertahankan kualitas portofolio kami dengan
stabil.

Melalui pencapaian ini, kami meyakini bahwa Perseroan   Through these achievements, we believe that the
telah mampu memperkuat posisinya di pasar dan           Company has been able to strengthen its position in
membangun fondasi yang kokoh untuk pertumbuhan          the market and build a solid foundation for future
di masa yang akan datang. Kami berkomitmen untuk        growth. We are committed to continuously improve
terus meningkatkan kinerja kami dan memberikan          our performance and provide sustainable added value
nilai tambah yang berkelanjutan bagi seluruh pemangku   to all stakeholders.
kepentingan.




                                                                                                                    31
Page 32
     Perbandingan antara Pencapaian dan Target                Comparison between Achievements and Targets

     Sebagian besar pencapaian Perseroan untuk tahun          Most of the Company's achievements for 2023 have
     2023 telah memenuhi atau bahkan melebihi target          met or even exceeded the targets set. From financing
     yang ditetapkan. Mulai dari pertumbuhan portofolio       portfolio growth, risk control, to customer service,
     pembiayaan, pengendalian risiko, hingga pelayanan        we have managed to achieve most of the targets we
     pelanggan, kami telah berhasil mencapai sebagian         have set.
     besar target yang telah kami tetapkan.

     Keberhasilan ini tidak terlepas dari kerja sama tim      This success is inseparable from solid teamwork,
     yang solid, komitmen untuk memberikan yang terbaik,      commitment to give our best, and quick adaptation
     dan adaptasi yang cepat terhadap perubahan               to changes in the business environment. Thanks to
     lingkungan bisnis. Berkat upaya bersama, kami berhasil   our collective efforts, we managed to maintain our
     menjaga momentum pertumbuhan dan mencapai                growth momentum and achieve satisfactory
     tingkat kinerja yang memuaskan. Namun demikian,          performance levels. Nevertheless, we also realize that
     kami juga menyadari bahwa masih ada area di mana         there are still areas where we need to continue making
     kami perlu terus melakukan perbaikan dan peningkatan.    improvements and enhancements. Gap analysis
     Analisis gap antara pencapaian dan target yang           between achievements and targets will identify
     dilakukan akan mampu mengidentifikasi peluang            opportunities to improve our performance in the
     untuk meningkatkan kinerja kami di masa mendatang.       future.

     Kendala yang Dihadapi                                    Challenges Faced

     Tahun 2023 merupakan tahun yang penuh dengan             2023 is a year full of challenges, among which is the
     tantangan, di antaranya adalah persaingan yang           intensified and aggressive competition, especially in
     semakin ketat dan agresif, terutama dalam industri       the vehicle financing industry. Increased competition
     pembiayaan kendaraan. Persaingan yang meningkat          complicates the business landscape and requires us
     memperumit lanskap bisnis dan menuntut kami untuk        to adapt quickly to maintain our position in the market.
     beradaptasi dengan cepat demi mempertahankan
     posisi kami di pasar.

     Untuk mengatasi tantangan ini, kami telah mengambil      To address these challenges, we have taken several
     beberapa langkah strategis. Kami terus meningkatkan      strategic steps. We continue to improve our marketing
     kegiatan pemasaran dan strategi bisnis untuk tetap       activities and business strategies to stay competitive
     bersaing di pasar yang kompetitif. Kami berupaya untuk   in a competitive market. We strive to maintain our
     mempertahankan pangsa pasar dan menarik pelanggan        market share and attract new customers by
     baru dengan memperkuat branding, mengoptimalkan          strengthening our branding, optimizing our distribution
     saluran distribusi, dan menyempurnakan produk dan        channels, and refining our products and services.
     layanan.

     Selain itu, salah satu upaya yang paling signifikan      In addition, one of our most significant efforts is to
     yang kami lakukan adalah peningkatan efisiensi           increase efficiency through the utilization of technology,
     melalui pemanfaatan teknologi, khususnya dengan          particularly with the development of Robotic Process
     pengembangan Robotic Process Automation (RPA)            Automation (RPA) in the Company's business
     dalam operasional bisnis Perseroan. RPA memungkinkan     operations. RPA allows us to automate repetitive and
     kami untuk mengotomatisasi proses-proses yang            time-consuming processes, thereby speeding up
     repetitif dan memakan waktu, sehingga mempercepat        business processes and increasing productivity.
     proses bisnis dan meningkatkan produktivitas.




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Pandangan atas Prospek Usaha                                Outlook on Business Prospects

Kami melihat masa depan dengan optimisme meskipun           We look to the future with optimism although the
Perseroan akan menghadapi persaingan yang semakin           Company will face increasingly competitive and
kompetitif dan agresif di pasar. Semakin banyaknya          aggressive competition in the market. More competitors
pesaing yang bergerak dalam bisnis yang sama                engaged in the same business made us realize the
membuat kami menyadari pentingnya untuk tetap               importance to keep innovating and adapting to stay
berinovasi dan beradaptasi untuk tetap relevan dan          relevant and thrive.
berkembang.

Meskipun demikian, kami yakin bahwa masih ada               Nonetheless, we believe that there are still great
peluang besar bagi Perseroan untuk terus berkembang         opportunities for the Company to continue to grow
dan berhasil di pasar industri pembiayaan, yang menjadi     and succeed in the finance industry market, which is
fokus utama bisnis kami, terus menunjukkan kemajuan         the main focus of our business, continues to show
pertumbuhan yang signifikan. Kami percaya bahwa             significant growth progress. We believe that we have
kami memiliki landasan yang kuat untuk terus tumbuh         a strong foundation to continue to grow with our
dengan berbagai produk dan layanan yang inovatif,           innovative products and services, and extensive
serta jaringan distribusi yang luas.                        distribution network.

Selain itu, kami melihat potensi pertumbuhan yang           In addition, we see significant growth potential in the
signifikan dalam industri kendaraan listrik. Meningkatnya   electric vehicle industry. Increasing awareness of
kesadaran akan keberlanjutan dan lingkungan                 sustainability and the environment has driven the
mendorong permintaan akan kendaraan listrik terus           demand for electric vehicles continue to rise. We are
meningkat. Kami siap untuk memanfaatkan peluang             poised to capitalize on this opportunity by providing
ini dengan menyediakan pembiayaan yang sesuai               financing that suits the market needs.
dengan kebutuhan pasar.

Pemanfaatan teknologi juga akan menjadi kunci untuk         The utilization of technology will also be key to
meningkatkan efisiensi operasional bisnis kami di           improving the operational efficiency of our business
masa depan. Kami berencana untuk terus                      in the future. We plan to continue developing the use
mengembangkan penggunaan Robotic Process                    of Robotic Process Automation (RPA) to improve the
Automation (RPA) untuk meningkatkan efisiensi               efficiency of our business processes. Greater
proses bisnis kami. Otomatisasi yang lebih besar            automation can reduce operational costs and increase
dapat mengurangi biaya operasional dan meningkatkan         productivity, thereby strengthening our position in
produktivitas, sehingga memperkuat posisi kami di           the market.
pasar.

Penerapan GCG                                               GCG Implementation

Perseroan memegang teguh prinsip-prinsip GCG                The Company upholds GCG principles in every aspect
dalam setiap aspek operasionalnya. Kami meyakini            of its operations. We believe that strong GCG
bahwa penerapan GCG yang kuat adalah kunci                  implementation is key to the Company's long-term
kesuksesan jangka panjang perusahaan dan                    success and contributes to sustainable development.
berkontribusi pada pembangunan yang berkelanjutan.          We consistently comply with all applicable regulations,
Kami secara konsisten mematuhi semua peraturan,             laws, and ethical standards in the financial industry.
undang-undang, dan standar etika yang berlaku               We prioritize integrity, transparency and accountability
dalam industri keuangan. Kami mengutamakan                  in all business interactions and decisions.
integritas, transparansi, dan akuntabilitas dalam
semua interaksi dan keputusan bisnis.




                                                                                                                       33
Page 34
 Kami mengutamakan transparansi dalam pelaporan          We prioritize transparency in our financial reporting.
 keuangan perusahaan. Laporan keuangan kami disusun      Our financial statements are carefully and accurately
 dengan cermat dan akurat, serta disajikan secara        prepared, and presented clearly and openly to all
 jelas dan terbuka kepada semua pemangku                 stakeholders. In addition, we have a structured risk
 kepentingan. Selain itu, kami memiliki proses           management process that is integrated in all our
 pengelolaan risiko yang terstruktur dan terintegrasi    business activities. This includes the identification,
 dalam semua aktivitas bisnis kami. Ini termasuk         assessment, control and continuous monitoring of
 identifikasi, penilaian, pengendalian, dan pemantauan   risks.
 risiko secara terus-menerus.

 Kami berkomunikasi secara terbuka dengan semua          We communicate openly with all stakeholders, including
 pemangku kepentingan, termasuk karyawan,                employees, customers, investors and the general
 pelanggan, investor, dan masyarakat umum. Kami          public. We listen to their feedback and take into
 mendengarkan masukan mereka dan memperhatikan           account their needs and interests in decision-making.
 kebutuhan serta kepentingan mereka dalam                We also invest in human capital development by
 pengambilan keputusan. Kami juga berinvestasi dalam     providing training and career development for our
 pengembangan sumber daya manusia dengan                 employees. We ensure that all our employees have
 menyediakan pelatihan dan pengembangan karier           the necessary skills and knowledge to perform their
 bagi karyawan kami. Kami memastikan bahwa semua         duties effectively.
 karyawan kami memiliki keterampilan dan pengetahuan
 yang diperlukan untuk menjalankan tugas mereka
 dengan efektif.

 Melalui penerapan GCG yang konsisten, kami              Through consistent implementation of GCG, we are
 berkomitmen untuk menciptakan nilai jangka panjang      committed to creating long-term value for all our
 bagi seluruh pemangku kepentingan kami, membangun       stakeholders, building community trust, and
 kepercayaan masyarakat, dan memperkuat posisi           strengthening our position as a socially and
 kami sebagai perusahaan yang bertanggung jawab          environmentally responsible company.
 secara sosial dan lingkungan.

 Perubahan Komposisi Direksi                             Changes in the Composition of the Board of
                                                         Directors

 Di tahun 2023, tidak terdapat perubahan komposisi       In 2023, there were no changes in the composition
 Direksi, sehingga komposisi Direksi per 31 Desember     of the Board of Directors, so the composition of the
 2023 adalah sebagai berikut:                            Board of Directors as of December 31, 2023 is as
                                                         follows:
 Presiden Direktur               : Alexander             President Director       : Alexander
 Direktur 		                     : Miki Effendi Lim      Director 		              : Miki Effendi Lim
 Direktur 		                     : Arief Soerendro       Director 		              : Arief Soerendro




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Apresiasi                                                Appreciation

Atas nama Direksi, kami ingin menyampaikan apresiasi     On behalf of the Board of Directors, we would like
yang tulus kepada seluruh karyawan Perseroan atas        to express our sincere appreciation to all employees
dedikasi, kerja keras, dan kontribusi mereka sepanjang   of the Company for their dedication, hard work and
tahun 2023. Keberhasilan dan pencapaian yang kami        contributions throughout 2023. Our successes and
raih tidak mungkin terwujud tanpa kerja sama dan         achievements would not have been possible without
semangat kolaboratif dari setiap individu di dalam       the cooperation and collaborative spirit of every
Perseroan. Kami juga ingin mengucapkan terima            individual within the Company. We would also like to
kasih kepada para pemangku kepentingan, termasuk         thank our stakeholders, including our loyal customers,
pelanggan setia, mitra bisnis, dan investor, atas        business partners and investors, for the support and
dukungan dan kepercayaan yang telah mereka berikan       trust they have placed in us throughout the year.
kepada kami sepanjang tahun. Kerja sama dan              Cooperation and good relationships with all parties
hubungan yang baik dengan semua pihak telah              have strengthened our foundation and encouraged
memperkuat fondasi kami dan mendorong kami               us to continue to grow. We would also like to recognize
untuk terus berkembang. Kami juga ingin mengapresiasi    the Board of Commissioners and its committees for
Dewan Komisaris dan seluruh komite-komite yang           providing valuable guidance and oversight to the
telah memberikan arahan dan pengawasan yang              company. Their contribution in safeguarding GCG
berharga bagi perusahaan. Kontribusi mereka dalam        principles is vital in maintaining the health and integrity
menjaga prinsip-prinsip GCG sangatlah penting dalam      of the company.
menjaga kesehatan dan integritas perusahaan.

Kami berkomitmen untuk terus memberikan yang             We are committed to continue to deliver our best
terbaik dan meraih pertumbuhan yang berkelanjutan.       and achieve sustainable growth. Let us continue to
Mari kita terus bersinergi, bekerja sama, saling         synergize, work together, support each other, and
mendukung, dan menjaga semangat kebersamaan              maintain the spirit of togetherness to achieve the
untuk mencapai visi dan misi Perseroan.                  Company's vision and mission.



                                           Atas nama Direksi,
                                    On behalf of the Board of Directors,




                                               Alexander
                                            Presiden Direktur
                                           President Director
                                      PT Maybank Indonesia Finance




                                                                                                                       35
Page 36

          
Page 37
     PROFIL
PERUSAHAAN
   Company Profile
Page 38
     Identitas Perusahaan
     Corporate Identity




             Nama Perusahaan                PT Maybank Indonesia Finance
             Company Name


             Jenis/Badan Hukum Perusahaan   Perusahaan Terbatas
             Type/Company Legal Entity      Limited Liability Company

             Dasar Hukum Pendirian          Akta No.163 tanggal 13 Februari 1991 yang dibuat di hadapan Notaris
             Legal Basis of Establishment   Richardus Nangkih Sinulingga, S.H., dan telah mendapatkan pengesahan
                                            dari Menteri Kehakiman dan Hak Asasi Manusia Republik Indonesia
                                            berdasarkan Surat Keputusan No.C2-2005.HT.01.01.TH.91 tanggal 5
                                            Juni 1991, serta diumumkan dalam Berita Negara Republik Indonesia
                                            No.78 Tambahan No.4827 tanggal 29 September 1992.
                                            Deed No.163 dated February 13, 1991 made by and before Notary
                                            Mr. Richardus Nangkih Sinulingga, S.H., and was ratified by the
                                            Minister of Law and Human Right of the Republic of Indonesia under
                                            Decree No.C2-2005. HT.01.01.TH.91 dated June 5, 1991, and published
                                            in Official Gazette of the Republic of Indonesia No.78 Supplement
                                            No.4827 dated September 29, 1992.
             Tanggal Pendirian              13 Februari 1991 dengan nama PT BII Finance Center
             Date of Establishment          February 13, 1991 under the name of PT BII Finance Center

             Bidang Usaha                   Pembiayaan investasi, pembiayaan modal kerja, pembiayaan multiguna,
             Line of Business               dan kegiatan pembiayaan lainnya, sebagaimana disetujui oleh
                                            Otoritas Jasa Keuangan. Perseroan juga dapat melakukan kegiatan
                                            pembiayaan berdasarkan prinsip syariah dalam melakukan transaksi
                                            pembiayaan jual beli, pembiayaan investasi, dan pembiayaan jasa.
                                            Investment financing, working capital financing, multi-purpose
                                            financing, and other financing activities as approved by the Financial
                                            Services Authority. The Company may also conduct sharia-based
                                            financing activities in making transactions of sale & purchase financing,
                                            investment financing, and services financing.
             Dasar Hukum Perubahan Nama     Berdasarkan Akta No.105 tentang Berita Acara Rapat Umum
             Legal Basis of Name Change     Pemegang Saham Luar Biasa tanggal 18 November 2015, nama
                                            Perseroan berubah menjadi PT Maybank Indonesia Finance.
                                            Pursuant to Deed No.105 concerning Minutes of Extraordinary General
                                            Meeting of Shareholders dated November 18, 2015, the Company’s
                                            name changed to PT Maybank Indonesia Finance.
             Izin Usaha                     Keputusan Dewan Komisioner Otoritas Jasa Keuangan No. KEP-1/
             Operating Licensed             NB.11/2016 yang menyatakan bahwa telah dilakukan penyesuaian
                                            terhadap izin operasinya berkaitan dengan perubahan nama Perseroan
                                            menjadi PT Maybank Indonesia Finance.
                                            Board of Commissioners of the Financial Service Authority No. KEP-
                                            1/NB.11/2016 which stated that the Company’s operating licensed
                                            has been amended related with the name changed into PT Maybank
                                            Indonesia Finance.




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                                                                                          Profil Perusahaan
                                                                                               Company Profile




Modal Dasar                                          Modal Ditempatkan
Authorised Capital                                   dan Disetor Penuh
Rp60.000.000.000                                     Issued and Fully Paid-in Capital
                                                     Rp32.370.000.000


Kode Obligasi                                        Tanggal Pencatatan Obligasi
Bond Code                                            Bonds Listing Date

BIIF                                                 1 Juni 2012
                                                     June 1, 2012


Komposisi Pemegang Saham                             Jaringan Kantor Layanan
per 31 Desember 2023                                 Services Office Network
Shareholders Composition
as of December 31, 2023
PT Bank Maybank Indonesia Tbk– 99,99%                30 Kantor Cabang / Branch Offices
Koperasi Karyawan Bank Internasional                 11 Kantor Perwakilan / Representative
Indonesia – 0,01%                                       Offices



Jumlah Karyawan
                                                     Alamat Kantor Pusat
per 31 Desember 2023
                                                     Head Office Address
Total Employees
as of December 31, 2023
                                                     Wisma Eka Jiwa
751 karyawan pria / male employees                   Lt. 10 Jl. Mangga Dua Raya, Mangga
158 karyawan wanita / female employees               Dua Selatan, Jakarta, 10730

                                                     Telepon		        : (021) 6230 0088
                                                     Phone
                                                     Faksimili		      : (021) 6230 0099
Daftar Keanggotaan Asosiasi                          Faximile
Association Membership List                          Call Center      : 08041168811
                                                     Call Center
Asosiasi Perusahaan                                  E-mail		         : cs@maybankfinance.co.id
Pembiayaan Indonesia (sebagai anggota)               E-mail
Indonesian Financial                                 Website		        : www.maybankfinance.co.id
Services Association (as member)                     Website



Media Sosial    Instagram     : maybankfinance_id
Social Media    Youtube       : Maybank Finance
                Tiktok        : @maybankfinance_id




                                                                                                           39
Page 40
        Jejak Langkah
        Milestones



                                                                                                               • Pelunasan penuh
                                                                                                                 Obligasi I Seri C dan
                                                                                                                 Obligasi II Seri A
                                                                                                               • Menerbitkan Obligasi
                                                                                                                 Jangka Panjang I
                                                                                • Menerbitkan MTN V              Maybank Finance
                                                                                  dan Obligasi II                Tahap II & III Tahun
                                                                                • Pelunasan penuh MTN            2016
                                                                                  IV                           • Menerbitkan MTN VI
                                                                                • Pelunasan penuh              • Pelunasan penuh
                                                                                  Obligasi I Seri A              MTN V
                                                                                • Meluncurkan tenor 7
                                                                                  tahun                        • Fully settlement of
                                                     • Menerbitkan MTN III
                                                       dan MTN IV               • Issued MTN V and               Bond I Series C and
                                                     • Pelunasan penuh            Bond II                        Bond II Series A
                 Memfokuskan bisnis                    MTN I dan MTN II                                        • Issued Shelf Bond I
                 pada pembiayaan                                                • Fully settlement of
                                                                                  MTN IV                         Maybank Finance
                 mobil baru                          • Issued MTN III and                                        Phase II & III Year
                                                                                • Fully settlement of
                                                       MTN IV                     Bond I Series A                2016
                 Focusing on new car                 • Fully settlement of                                     • Issued MTN VI
                 financing business                                             • Launched 7 years
                                                       MTN I and MTN II           tenure                       • Fully settlement of
                                                                                                                 MTN V




      1991                                  2010                             2012                            2015

                       2005                                   2011                            2013                               2016




                                          Menerbitkan MTN I              • Menerbitkan 		               • Pelunasan penuh
Pendirian Maybank                         dan MTN II                       Obligasi I
Indonesia Finance                                                                                         Obligasi I Seri B
                                                                         • Pelunasan 		                 • Menerbitkan
                                          Issued MTN I                     penuh MTN III                  Obligasi Jangka
The establishment of                      and MTN II
Maybank Indonesia                                                                                         Pendek I BII Finance
                                                                         • Issued Bond I                  Tahap I Tahun 2015
Finance                                                                  • Fully settlement
                                                                           of MTN III                   • Fully settlement of
                                                                                                          Bond I Series B
                                                                                                        • Issued Shelf Bond I
                                                                                                          BII Finance Phase I
                                                                                                          Year 2015




   40         2023 Laporan Tahunan
                          Annual Report
Page 41
                                                                                                          Profil Perusahaan
                                                                                                                 Company Profile




              • Menerbitkan PUB II
                                                                                  • Menerbitkan Obligasi
                Tahap I Tahun 2018,                                                 Berkelanjutan III Maybank
                PUB I Tahap I Seri A                                                Finance Tahap II Tahun
                dan Obligasi II Seri B                                              2022
                yang dilunasi penuh                                               • Pelunasan penuh Obligasi
              • Pelunasan penuh
                Obligasi II Seri B dan                                              Bekelanjutan II Tahap II
                Obligasi Berkelanjutan            Pelunasan penuh                   Seri A dan Obligasi
                I Tahap I Seri A                  Obligasi Berkelanjutan            Berkelanjutan I Tahap IV
              • Issued PUB II Phase I             I Tahap I Seri B dan              Seri B
                Year 2018, PUB I Phase            Obligasi Berkelanjutan          • Issued Shelf Registration
                I Series A and Bond II            I Tahap IV Seri A                 Bond III Maybank Finance
                Series B that were fully                                            Phase II Year 2022
                settled                           Fully settlement of             • Fully settlement of Shelf
              • Fully settlement of
                Shelf Registration Bond           Shelf Registration                Registration Bond II Phase
                II Series B and Shelf             Bond I Phase I Series B           II Series A and Shelf
                Registration Bond II              and Shelf Registration            Registration Bond I Phase
                Series A                          Bonds I Phase IV                  IV Series B
                                                  Series A




     2017                                  2019                             2021                            2023

                      2018                                  2020                            2022



Menerbitkan
Obligasi                      • Menerbitkan Obligasi            • Menerbitkan Obligasi               • Pe l u n a s a n O b l i g a s i
Berkelanjutan I                 Berkelanjutan II Maybank          Berkelanjutan III Maybank            Berkelanjutan II Maybank
Maybank Finance                 Finance Tahap I Tahun             Finance Tahap I Tahun 2021           Finance Tahap I Tahun 2018
Tahap IV Tahun 2017             Keuangan 2019 Seri A            • Pelunasan penuh Obligasi
                              • Pelunasan penuh Obligasi                                               Seri B pada tanggal 17 Mei
Issued Shelf Bond I             Berkelanjutan I Tahap II          Berkelanjutan I Tahap II Seri        2023.
Maybank Finance                 Seri A                            B, Obligasi Berkelanjutan II
Phase IV Year 2017                                                Tahap I Seri B, dan Obligasi       • Fully settlement of Shelf
                              • Issued Shelf Registration         Berkelanjutan I Tahap III Seri
                                Bond II Maybank Finance                                                Registration Bond II Phase
                                Phase I Financial Year            B                                    I Year 2018 Series B on May
                                2019 Series A                                                          17, 2023.
                              • Fully settlement of Shelf       • Issued Shelf Registration
                                Registration Bond I Phase         Bond III Maybank Finance
                                II Series A
                                                                  Phase I Year 2021
                                                                • Fully settlement of Shelf
                                                                  Registration Bond I Phase
                                                                  II Series B, Shelf Registration
                                                                  Bond II Phase I Series B, and
                                                                  Shelf Registration Bond I
                                                                  Phase III Series B




                                                                                                                              41
Page 42
 Riwayat Singkat
 Brief History

 Pada 13 Februari 1991, PT Maybank Indonesia Finance      On February 13, 1991, PT Maybank Indonesia Finance
 didirikan berdasarkan Akta Nomor 163 tertanggal 13       was established based on notarial deed number 163
 Februari 1991 di bawah nama PT BII Finance Center,       dated February 13, 1991 under the name of PT BII
 yang bergerak di bidang usaha multifinance. Perseroan    Finance Center, that engages in multi financing
 telah mendapatkan persetujuan izin usaha dari            business. The Company obtained business license
 Departemen Keuangan Republik Indonesia yang              approval by the Department of Finance of the Republic
 tercantum dalam Surat Keputusan No.888/                  of Indonesia as stipulated in the Decree No. 888/
 KMK.013/1991.                                            KMK.013/1991.

 Perseroan terus mengembangkan bisnis dan                 The Company continues to develop its business and
 memperluas jangkauan pasarnya. Pada tahun 2010,          expand its market reach. In 2010, the Company issued
 Perseroan menerbitkan medium-term notes (MTN I           medium-term notes (MTN I and MTN II) with par
 dan MTN II) dengan nominal masing-masing sebesar         values of Rp75,000,000,000 and Rp150,000,000,000,
 Rp75.000.000.000,- dan Rp150.000.000.000,-               respectively, with interest rates of 9.25% and 8.75%,
 dengan tingkat bunga secara berturut-turut sebesar       respectively.
 9,25% dan 8,75%.

 Pada tahun 2012, Perseroan memperkuat struktur           In 2012, the Company strengthened its capital structure
 permodalan dengan melakukan penawaran obligasi           by launching bonds offering to the public with a par
 kepada masyarakat dengan nilai nominal sebesar           value of Rp625,000,000,000.
 Rp625.000.000.000,-.

 Pada tahun 2015, Perseroan memasuki tonggak              In 2015, the Company entered a new milestone with
 sejarah baru dengan perubahan pemegang saham             the change of the Company's controlling shareholder
 pengendali Perseroan dari PT Bank Internasional          from PT Bank Internasional Indonesia Tbk to PT Bank
 Indonesia Tbk menjadi PT Bank Maybank Indonesia          Maybank Indonesia Tbk. Following the change, the
 Tbk. Mengikuti perubahan tersebut, maka Perseroan        Company changed its name from PT BII Finance
 melakukan perubahan nama dari PT BII Finance             Center to PT Maybank Indonesia Finance.
 Center menjadi PT Maybank Indonesia Finance.

 Transformasi tersebut semakin memperkuat bisnis          The transformation further strengthens the Company's
 Perseroan dengan dukungan jaringan grup Maybank          business with the support of Maybank group's network
 sebagai salah satu lembaga keuangan terkemuka di         as one of the leading financial institutions in Southeast
 Asia Tenggara. Beragam layanan pembiayaan yang           Asia. The diverse financing services offered, including
 ditawarkan, seperti pembiayaan kendaraan roda            four-wheeled vehicle, heavy equipment, industrial
 empat, alat berat, mesin industri, dan kegiatan          machinery, and sharia-based financing, has driven
 pembiayaan dengan prinsip syariah, mendorong             the Company continues to grow rapidly and become
 Perseroan terus berkembang pesat dan menjadi salah       one of the largest finance companies with quality
 satu perusahaan pembiayaan terbesar dengan               excellence as well as fast, flexible and competitive
 keunggulan kualitas dan layanan yang cepat, fleksibel,   services. The Company has also established cooperation
 dan kompetitif. Perseroan juga menjalin kerja sama       with various dealers, showrooms and suppliers
 dengan berbagai rekanan dealer, showroom, dan            throughout Indonesia, enabling to meet the needs
 supplier di seluruh Indonesia, sehingga dapat            of society in a wider sense.
 memenuhi kebutuhan masyarakat secara lebih luas.

 Hingga akhir tahun 2023, Perseroan telah hadir dan       As of the end of 2023, the Company has been present
 melayani konsumen melalui 30 kantor cabang dan           and serving consumers through 30 branch offices
 11 kantor perwakilan yang tersebar di berbagai kota      and 11 representative offices spread across various
 di Indonesia. Ke depannya, Perseroan akan terus          cities in Indonesia. Going forward, the Company will
 menjangkau kota-kota baru serta menambah jaringan        continue to reach new cities and expand its business
 usahanya.                                                network.




42    2023 Laporan Tahunan
                  Annual Report
Page 43
                                                                 Profil Perusahaan
                                                                      Company Profile




Visi dan Misi Perusahaan
Corporate Vision and Mission




     VISI | VISION

   Menjadi perusahaan pembiayaan pemimpin pasar
   berbasis digital di segmen pasar yang dilayani serta
   selalu peduli terhadap kondisi lingkungan hidup dan
   masyarakat.

   To be a digital-based leading finance Company in
   each market segment it serves as well as always care
   to the community & environment.




     MISI | MISSION

   1. Menjalankan bisnis sebagai perpanjangan tangan dari
      PT Bank Maybank Indonesia Tbk (Maybank) dalam
      industri pembiayaan.
   2. Memberikan nilai tambah ekonomi dan sosial yang
      tinggi kepada pemangku kepentingan (Pemegang
      Saham, pelanggan, rekan bisnis, dan karyawan),
      lingkungan, dan masyarakat.
   3. Menjadikan teknologi digital sebagai landasan
      untuk penciptaan produk, percepatan proses, dan
      peningkatan layanan.

   1. Running business as an extension of PT Bank Maybank
      Indonesia Tbk (Maybank) in the financing industry.
   2. Providing high economic and social added value
      to stakeholders (shareholders, customers, business
      partners and employees), environment, and society
   3. Making digital technology as foundations for product
      creation, process acceleration, and service improvement.




                                                                                  43
Page 44
 Nilai-Nilai Perusahaan
 Corporate Values

 “TIGER” merupakan nilai yang diterapkan seluruh   “TIGER” is a group of values applied in all organizations
 organisasi di bawah kepemilikan grup Maybank,     owned by Maybank group, including the Company.
 termasuk Perseroan. Nilai tersebut mengandung     Such values have the following meanings:
 makna sebagai berikut:




                                       TEAMWORK
                                       Kami bekerja sama sebagai satu tim yang didasari
                                       nilai saling menghargai dan kebanggaan.
                                       We work together as a team based on the values
                                       of mutual respect and pride.




                                                        INTEGRITY
                                                        Kami jujur, profesional, dan berlandaskan
                                                        moral dalam semua kegiatan usaha.
                                                        We are honest, professional, and based
                                                        on moral in undertaking all new activities.




                                                                GROWTH
                                                                Kami memiliki keinginan yang kuat untuk
                                                                melakukan peningkatan dan pembaharuan
                                                                secara konsisten.
                                                                We are committed to producing the best
                                                                performance and excellent services.




                                                        EXCELLENCE & EFFICIENCY
                                                        Kami berkomitmen untuk menghasilkan
                                                        kinerja yang terbaik dan layanan yang prima.
                                                        We are committed to producing the best
                                                        performance and excellent services.




                                       RELATIONSHIP BUILDING
                                       Kami secara berkesinambungan membangun hubungan
                                       kerja sama jangka panjang yang saling menguntungkan.
                                       We continuously develop long-term mutually beneficial
                                       partnership.




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                                                                                                               Profil Perusahaan
                                                                                                                        Company Profile




Bidang Usaha
Line of Businesses

Kegiatan usaha Perseroan dilaksanakan dengan                    The Company’s business are conducted by referring
berpedoman pada Peraturan Otoritas Jasa Keuangan                to the Regulations of the Financial Services Authority
No.35/POJK.05/2018 tentang Penyelenggaraan                      No.35/POJK.05/2018 on Business Operation of
Pembiayaan Perusahaan dan Pasal 3 Anggaran Dasar                Financing Companies and Article 3 of the Articles of
Perseroan.                                                      Association.

Ruang lingkup kegiatan usaha Perseroan ditunjukkan              The Company’s scope of business activities is shown
sebagai berikut:                                                in the following table:
                                                                              Kegiatan Usaha yang Dijalankan
      Kegiatan Usaha Berdasarkan Anggaran Dasar                                 Business Activities Engaged
      Business Activities According to the Articles of
                        Association                                     Sudah Dijalankan                    Belum Dijalankan
                                                                          Implemented                      Not Yet Implemented

Pembiayaan Investasi                                                                √
Pembiayaan Investasi adalah pembiayaan barang modal             M e n j a l a n ka n u s a h a s ewa
beserta jasa yang diperlukan untuk aktivitas usaha/investasi,   pembiayaan untuk alat berat,
rehabilitasi, modernisasi, ekspansi atau relokasi tempat        mesin industri dan kendaraan
usaha/ investasi yang diberikan kepada debitur.                 operasional (fleet).

Investment Financing                                            Conducting finance leasing for
The investment financing is financing of capital goods and      heavy equipment, industrial
services needed for business activities/investment,             m a c h i n e r y b u s i n e ss , a n d
rehabilitation, modernization, expansion or relocation of       operational fleets.
business places/investments provided for debtors.
Pembiayaan Modal Kerja                                                          √
Pembiayaan Modal Kerja adalah pembiayaan untuk memenuhi         Menjalankan usaha pembiayaan
kebutuhan pengeluaran yang habis dalam satu siklus aktivitas    fasilitas modal usaha.
usaha debitur

Working Capital Financing
Working Capital Financing is financing to meet expenditure Conducting working capital facility
needs within one cycle of the debtor's business activities. financing business.
Pembiayaan Multiguna                                                            √
Pembiayaan Multiguna adalah pembiayaan barang dan/atau          Menjalankan usaha pembiayaan
jasa yang diperlukan oleh debitur untuk pemakaian/konsumsi      multiguna melalui pembelian
dan bukan untuk keperluan usaha atau aktivitas produktif        dengan cara pembayaran
dalam jangka waktu yang diperjanjikan.                          angsuran (pembiayaan kendaraan
                                                                roda empat) dan pembiayaan
                                                                multiguna fasilitas dana.

Multi-purpose Financing                                         Conducting multi-purpose
The multi-purpose Financing is financing of goods and/or        financing business through
services needed by debtors for usage/consumption, and not       installment purchases (four-
for business needs or productive activities within agreed       wheeled vehicle financing) and
time period.                                                    multi-purpose financing of fund
                                                                facilities.
Pembiayaan lainnya yang mendapatkan persetujuan dari
Otoritas Jasa Keuangan.                                                                                             √

Other financing approved by the Financial Services Authority.
Kegiatan pembiayaan berdasarkan prinsip syariah sesuai                   √
dengan ketentuan yang ditetapkan oleh Kementerian Keuangan Menjalankan usaha pembiayaan
Republik Indonesia, Otoritas Jasa Keuangan, dan Dewan murabahah dan pembiayaan ijarah
Syariah Nasional-Majelis Ulama Indonesia.                  (IMBT).

Sharia-based financing activities pursuant to the regulations Conducting murabahah and ijarah
issued by the Ministry of Finance of the Republic of Indonesia, financing (IMBT) businesses.
the Financial Services Authority, and the Sharia National
Board.




                                                                                                                                    45
Page 46
 Produk dan Jasa
 Products and Services

 Sesuai Anggaran Dasar tersebut, saat ini Perseroan       In accordance with the Articles of Association, currently
 telah memiliki sejumlah produk dan jasa sebagai          the Company has the following products and services:
 berikut:


               Produk dan Jasa                                            Uraian
             Products and Services                                      Description

     Mobil Baru dan Bekas              Produk pembiayaan yang disediakan Perseroan untuk membantu
     New Cars and Used Cars            konsumen dalam kepemilikan kendaraan pendukung kegiatan operasional.
                                       A financing products provided by the Company to help the customers own
                                       the supporting operational vehicles.
     Mobil Baru dan Bekas Syariah      Melalui Unit Usaha Syariah memberikan pelayanan pembiayaan mobil baru
     Sharia New Cars and Used Cars     dan bekas secara syariah dengan akad murabahah untuk mewujudkan
                                       keinginan memiliki mobil impian.
                                       Providing sharia-based new car and used car financing services through
                                       the Sharia Business Unit with a murabahah contract to realize a desire for
                                       having a dream car.
     Fleet                             Produk pembiayaan yang diperuntukan bagi perusahaan-perusahaan
                                       dalam rangka pemenuhan kendaraan operasional atau pembiayaan yang
                                       lebih bertujuan untuk pemenuhan investasi bagi calon konsumen.
                                       A financing product that is intended for companies in the context of
                                       fulfilling the operational vehicles or financing that is designated specifically
                                       to fulfill investment for potential customers.
     Kredit Pemilikan Mobil (KPM)      Program pembiayaan kendaraan yang ditujukan khusus untuk konsumen
                                       PT Bank Maybank Indonesia Tbk.
                                       A vehicle financing program designated specifically for customers of PT
                                       Bank Maybank Indonesia Tbk.
     Car Ownership Program (COP)       Program pembiayaan kepemilikan mobil bagi karyawan perusahaan yang
                                       bekerja sama dengan PT Maybank Indonesia Finance.
                                       Car ownership financing program for employees of Companies that work
                                       with PT Maybank Indonesia Finance.
     Pembiayaan Alat Berat dan Mesin   Program pembiayaan yang disediakan Perseroan untuk membantu
     Industri                          konsumen dalam kepemilikan alat berat dan mesin industri untuk
     Heavy Equipment and Industrial    memudahkan pelaksanaan kegiatan operasional.
     Machinery Financing               A financing program provided by the Company to help the customers own
                                       heavy equipment and industrial machinery to facilitate the conduct of
                                       operational activities.
     Multiguna Fasilitas Dana          Produk pembiayaan konsumtif dengan pemberian agunan guna
     Multipurpose Fund Facility        membantu konsumen untuk mewujudkan masa depan yang lebih baik.
                                       Consumer financing products with collateral to help consumers create a
                                       better future.




46       2023 Laporan Tahunan
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Page 47
                                                                                                                                            Profil Perusahaan
                                                                                                                                                       Company Profile




Wilayah Operasional
Operational Areas

                                                                                Kantor Cabang
                                                                                Branch Offices

  Aceh                                 Medan                             Pekanbaru                             Padang                Jakarta Pusat
  Jambi                                Bandar Lampung                    Batam                                 Pangkal Pinang        Jakarta Selatan
  Banjarmasin                          Samarinda                         Jakarta Utara                         Semarang              Bekasi
  Palembang                            Tangerang                         Jakarta Barat                         Denpasar              Tangerang Selatan I
                                                                                                                                     (Bintaro)
  Cibubur                              Depok                             Bogor                                 Manado                Karawang
  Bandung                              Cirebon                           Makassar                              Yogyakarta            Surabaya

                                                                          Kantor Perwakilan
                                                                         Representative Offices

  Duri                                 Cilegon                           Cikarang                              Palangkaraya          Jember
  Lombok                               Gorontalo                         Aceh                                  Solo                  Malang
  Balikpapan




                                       30                                                                                 11
                                       Kantor Cabang                                                                      Kantor Perwakilan
                                       Branch Offices                                                                     Representative Offices



  Aceh                                                                                Balikpapan


                                                                             Banjarmasin     Samarinda
                                                                                                                      Manado
                  Medan        Batam

                                                                                                              Gorontalo
                        Duri




Pekanbaru

                                         Pangkal Pinang
  Padang
       Jambi

   Palembang
                                                 Bekasi
                                                    Karawang
                                                          Cirebon     Palangkaraya
             Bandar Lampung                               Semarang
                                                                      Surabaya
 Cilegon                                                                             Lombok
            Tangerang                                                                              Makassar
        Jakarta Utara
        Jakarta Pusat
      Jakarta Selatan
        Jakarta Barat                    Depok    Bandung
                                         Cibubur
                                                 Yogyakarta         Malang        Denpasar
                                           Bogor
                                                             Solo        Jember                                                       Kantor Perwakilan
      Tangerang Selatan I                      Cikarang                                                                               Representative Offices
               (Bintaro)
                                                                                                                                      Kantor Cabang
                                                                                                                                      Branch Offices




                                                                                                                                                                   47
Page 48
    Struktur Organisasi
    Organizational Structure




                                                                                                                                         Audit Committee



                                                                                                                                          Nomination &
                                                                                                                                      Remuneration Committee


                                                                                                                                           Risk Oversight
                                                                                                                                             Committee




                                                                                                                                         Risk Management
                                                                                                                                            Committee




                            Ika S. Gunawan                   Arthur O. S.          Hendra Satia
  Maman S.                                                                                                                            Sufiana
                           Human Resources                Risk Management            Ditama                                   Finance and Accounting
  Chief Audit              and General Affairs              Dvision Head               Legal                                       Division Head
    Officer                  Division Head                                         Division Head




   Diandra R.
Chief Compliance
   Officer Pjs.




   Arief
 Soerendro
                      Achmad               Ariyadi             Deviansyah          Eby Julies           Zahril                                  Ricky H.        M Junius F.
   Corporate
                                                                Firdaus                                                  Perdana P.
   Secretary
                       Zikry           General Affairs                              Onovia                                                      Accounting       Information &
                                        Operational          Risk Management                        Internal Control       Finance
                   Human Resources                                                   Legal                                                      Department      Communication
                                      Department Head           Department                         Department Head     Department Head
                   Department Head                                              Department Head                                                   Head            Technology
                                                                  Head**)
                                                                                                                                                                 Development
                                                                                                                                                               Department Head




                                                 Risk Management        Credit Analyst              Internal Control
  Tim SMKI
                                                   (Head Office)         Supervisor                    Supervisor
                                                                          (Branch)                      (Branch)




                                                                                                       Internal
                                                                        Credit Analyst               Control Staff
                                                                        Staff (Branch)                (Branch)




    *) Terdapat penunjukkan pejabat pelaksana program penerapan APU-PPT/KYC
    pada jabatan Chief Compliance Officer
    **) Terdapat penunjukan pejabat pelaksana program penerapan Anti Fraud
    pada Risk Management Department Head




48              2023 Laporan Tahunan
                              Annual Report
Page 49
                                                                                                                                                                         Profil Perusahaan
                                                                                                                                                                                   Company Profile




           General meeting of Shareholders




                      Board of
                    Commissioner




                                                                                                                                                                                     Syariah
                                                                                                                                                                                Supervisory Board




                         Alexander
                   President & CEO




                                                                          IT Committee




     Arief Soerendro                                                                                                                    Miki Effendi
     Managing Director                                                                                                                  Managing Director




                          Felik A. Irianto Sundah                      Bonny                                                                                      Anton
                                                                                                           Aryanto               Ricky Hertanu                                                Ahmad Fikri
                               Information &                      Permedi Manoeroe                                                                            Fleet and Heavy
                         Communication Technology,                                                         Marketing                Business                    Equipment &                      Syariah
                                                                 Collection and Remedial                                          Development                                                 Division Head
                           Operations, and Digital                                                       Division Head                                           Machinery
                                                                      Division Head                                               Division Head
                           Business Division Head                                                                                                              Division Head


                                                                                                           Regional Manager                                                                          Finance &
                                                                                                                                                                                                    Accounting
                                                                                                        1. Region A : Tirta S.
                                                      Area Collection Manager       Heri Mujiono        2. Region B : Santoso
                                                     1. Region A : Rolland W.        National           3. Region C : Ferdian
                                                     2. Region B : Ahmad G.          Remedial           4. Region D : Andry
                                                     3. Region C : Fitran M. S         Head
                                                                                                                                                                                                        Risk
                                                     4. Region D 1 : Jackson Y.
                                                     5. Region D 2 : Arfand B.
                                                                                                                                                                                                     Marketing
   Sugiman
                      Siti           Iqbal Bahari
  Information &     Nurjanah                                                                                                 Ahmad F.           Laidy
                                       Digital                                                                                                                Mohammad Reza        Vacant
 Communication                                                                                            Branch             Business          Fleet &                            Machinery
                   Operations         Business                                                                             Development                       Heavy Equipment                          Business
   Technology                                                                                             Manager                           Commercial Car                       Department
                   Department        Department                                                                            Department                        Department Head                        Development
   Operational                                                                                                                               Department                             Head
                     Head             Head Pjs.                                                                               Head              Head
Department Head

                                                                                                                                                                                                     Collection &
                                                                                                                                                                                                      Remedial



                                                                               Remedial Coordinator
                                                                                                                                                                                                     Operations,
                                                                             1. Region AC : Teguh P.                                                                                                 ICT, & Legal
                                                                             2. Region BD : Carlos D.




                   Administration                        Collection                                        Marketing
                   Head (Branch)                         Supervisor                                        Supervisor
                                                          (Branch)                                          (Branch)
                                                                                  Remedial Officer
                                                                                     (Branch)
                      Credit
                  Administration                         Collection                                         Credit &
                  Staff (Branch)                          (Branch)                                         Marketing
                                                                                                        Officer (Branch)




                                                                                                                                                                                                     49
Page 50
 Komposisi Dewan Komisaris
 Composition of The Board of Commissioners




              Deswandhy
               Agusman*                                                        Steffano Ridwan
          Presiden Komisaris                                                   Komisaris
                (Independen)                                                   Commissioner
     President Commissioner
               (Independent)




 Di sepanjang tahun 2023, tidak terdapat perubahan    Throughout 2023, there were no changes in the
 komposisi Dewan Komisaris. Susunan Dewan Komisaris   composition of the Board of Commissioners. The
 per 31 Desember 2023 adalah sebagai berikut:         composition of the Board of Commissioners as of
                                                      December 31, 2023 is as follows:

 Presiden Komisaris (Independen)		              : Deswandhy Agusman*
 President Commissioner (Independent)

 Komisaris					: Steffano Ridwan
 Commissioner

 *merangkap sebagai Komisaris Independen
  concurrently as Independent Commissioner




50    2023 Laporan Tahunan
                   Annual Report
Page 51
                                                                                                          Profil Perusahaan
                                                                                                                Company Profile




Profil Dewan Komisaris
Profile of The Board of Commissioners




                                                                           Deswandhy Agusman
                                                                           Presiden Komisaris (Independen)
                                                                           President Commissioner (Independent)



Warga Negara Indonesia, 63 tahun, berdomisili di Jakarta.       Indonesian citizen, 63 years old, residing in Jakarta.

Dasar Hukum Penunjukkan:                                        Legal Basis of Appointment:
Akta No. 264 tanggal 30 Maret 2023.                             Deed No. 264 dated March 30, 2023.

Riwayat Pendidikan:                                             Educational Background:
   • Sarjana bidang Teknik Sipil dari Institut Teknologi           • Bachelor’s degree in Civil Engineering from Bandung
      Bandung (1985); dan                                             Institute of Technology (1985); and
   • Master Business Administration dari University of             • Master’s of Business Administration from University
      Denver, Colorado, USA (1988).                                   of Denver, Colorado USA (1988).

Pengalaman Kerja:                                               Work Experience :
   • Executive Development Program dan Risk Manager               • Executive Development Program and Risk Manager
      Citibank (1989-1990);                                           of Citibank (1989-1990);
   • Manajer Sindikasi PT Nomura Indonesia (1990-1992);           • Syndication Manager of PT Nomura Indonesia (1990- 1992);
   • Managing Director, Corporate Finance PT Peregrine            • Managing Director, Corporate Finance of PT Peregrine
      Sewu Securities (1992-1998);                                    Sewu Securities (1992-1998);
   • Direktur Jenderal dan Deputi Menteri Kementerian             • Director General and Deputy Minister at Ministry of
      Koperasi dan UKM (1998-2002);                                   Cooperative and SMEs (1998-2002);
   • Komisaris PT Bank Rakyat Indonesia (Persero) Tbk.            • Commissioner of PT Bank Rakyat Indonesia (Persero)
      (1999-2000);                                                    Tbk. (1999-2000);
   • Komisaris Utama PT Permodalan Nasional Madani                • President Commissioner of PT Permodalan Nasional
      (1999-2004);                                                    Madani (1999-2004);
   • Komisaris PT Bank Permata Tbk (2002-2006);                   • Commissioner of PT Bank Permata Tbk (2002-2006);
   • Anggota Komite Kebijakan Keuangan dan Perbankan              • Member of Finance and Banking Policy Committee
      Kementerian BUMN (2010); dan                                    of the Ministry of State-owned Enterprise (2010); and
   • Komisaris PT Bank Tabungan Negara (Persero) Tbk.             • Commissioner of PT Bank Tabungan Negara (Persero)
      (2010-2012).                                                    Tbk. (2010-2012).

Rangkap Jabatan:                                                Concurrent Positions:
Komisaris (terafiliasi) PT Maybank Sekuritas Indonesia (sejak   Commissioner (affiliated) of PT Maybank Sekuritas Indonesia
2015).                                                          (since 2015).

Hubungan Afiliasi:                                              Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,              He does not have any affiliated, financial, management, and
kepengurusan, kekeluargaan dengan anggota Dewan                 family relationship with other members of the Board of
Komisaris lainnya, anggota Direksi, serta Pemegang Saham        Commissioners, members of the Board of Directors, nor
Utama dan Pengendali.                                           with Majority and Controlling Shareholders.




                                                                                                                               51
Page 52
                                                                            Steffano Ridwan
                                                                            Komisaris
                                                                            Commissioner




     Warga Negara Indonesia, 50 tahun, berdomisili di Jakarta.   Indonesian citizen, 50 years old, residing in Jakarta.

     Dasar Hukum Penunjukkan:                                    Legal Basis of Appointment:
     Akta No. 264 tanggal 30 Maret 2023.                         Deed No. 264 dated March 30, 2023.

     Riwayat Pendidikan:                                         Educational Background:
     Oklahoma State University, Stillwater, OK, USA, Bachelor    Oklahoma State University, Stillwater, OK, USA, Bachelor
     of Science, Major in Finance, Minor in Accounting (1994).   of Science, Major in Finance, Minor in Accounting (1994).

     Pengalaman Kerja:                                           Work Experience:
        • AVP Citibank (1996 - 2002);                              • AVP at Citibank (1996 - 2002);
        • SVP Standard Chartered Bank (2003-2007);                 • SVP at Standard Chartered Bank (2003-2007);
        • SVP Bank Danamon (2007 - 2008);                          • SVP at Bank Danamon (2007 - 2008);
        • Direktur Bank DBS (2008-2018); dan                       • Director at Bank DBS (2008-2018); and
        • Board of Management, Head of Business Banking            • Board of Management, Head of Business Banking
           PT Bank BTPN Tbk. (2018-2020).                              at PT Bank BTPN Tbk. (2018-2020).

     Rangkap Jabatan:                                            Concurrent Positions:
     Direktur Community Financial Services (CFS) PT Bank         Director of Community Financial Services (CFS) at PT Bank
     Maybank Indonesia Tbk (2020 – sekarang).                    Maybank Indonesia Tbk (2020 – present).

     Hubungan Afiliasi:                                          Affiliation Relationship:
     Beliau tidak memiliki hubungan afiliasi, keuangan,          He does not have any affiliated, financial, management, and
     kepengurusan, kekeluargaan dengan anggota Dewan             family relationship with other members of the Board of
     Komisaris lainnya, anggota Direksi, serta Pemegang Saham    Commissioners, members of the Board of Directors, nor
     Utama dan Pengendali.                                       with Majority and Controlling Shareholders.




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Page 53
                                        Profil Perusahaan
                                             Company Profile




 Halaman ini sengaja dikosongkan
This page is Intentionally left blank




                                                         53
Page 54
 Komposisi Direksi
 Composition of The Board of Directors




          Arief                                                                                   Miki
     Soerendro                                                                                    Effendi Lim
         Direktur                                                                                 Direktur
         Director                                                                                 Director




                                                                   Alexander
                                                                    Presiden Direktur
                                                                    President Director




 Di sepanjang tahun 2023, tidak terdapat perubahan       Throughout 2023, there were no changes in the
 komposisi Direksi. Susunan Direksi per 31 Desember      composition of the Board of Directors. The composition
 2023 adalah sebagai berikut:                            of the Board of Directors as of December 31, 2023 is
                                                         as follows:

 Presiden Direktur		                : Alexander
 President Director

 Direktur			                        : Miki Effendi Lim
 Director

 Direktur			                        : Arief Soerendro
 Director




54      2023 Laporan Tahunan
                    Annual Report
Page 55
                                                                                                            Profil Perusahaan
                                                                                                                   Company Profile




Profil Direksi
Profile of The Board of Directors




                                                                            Alexander
                                                                            Presiden Direktur
                                                                            President Director



Warga negara Indonesia, 52 tahun, berdomisili di Jakarta.       Indonesian citizen, 52 years old, residing in Jakarta.

Dasar Hukum Penunjukkan:                                        Legal Basis of Appointment:
Akta No.264 tanggal 30 Maret 2023.                              Deed No.264 dated March 30, 2023.

Riwayat Pendidikan:                                             Educational Background:
   • Sarjana jurusan Ekonomi Pemasaran dari Universitas            • Bachelor in Marketing Economy from University of
      Tarumanagara (1994);                                            Tarumanagara (1994);
   • Magister Manajemen Keuangan dari Universitas                  • Master in Financial Management from Tarumanagara
      Tarumanagara (2003); dan                                        University (2003); and
   • Doktor bidang Manajemen Stratejik dari Universitas            • Doctor in Strategic Management from Trisakti
      Trisakti (2017).                                                University (2017).

Pengalaman Kerja:                                               Work Experience:
   • Beberapa posisi di PT Bank Central Dagang sebagai:           • Several positions at PT Bank Central Dagang as the
                                                                      followings:
       a. Management Trainee (1994-1995);                             a. Management Trainee (1994-1995);
       b. Junior Assistant Manager Cabang Mangga Dua                  b. Junior Assistant Manager of Mangga Dua Branch
          (1995-1996);                                                    (1995- 1996);
   •   Beberapa posisi di PT Orix Indonesia Finance sebagai:      • Several positions in PT Orix Indonesia Finance as
                                                                      the following:
       a.   Account Manager Divisi Automobile (1996-1997);            a. Account Manager of Automobile Division (1996-1997);
       b.   Account Manager Divisi Housing Finance (1997);            b. Account Manager of Housing Finance Division (1997);
       c.   Account Manager Cabang Muara Karang (1997- 1998);         c. Account Manager of Muara Karang Branch (1997- 1998);
       d.   Team Leader Collection Kantor Pusat (1998-1999);          d. Team Leader Collection of the Head Office (1998- 1999);
       e.   Senior Account Manager Divisi Corporate Finance           e. Senior Account Manager of Corporate Finance
            (1999- 2000);                                                 Division (1999-2000);
       f.   Senior Account Manager Divisi Equipment (2000);           f. Senior Account Manager of Equipment Division
                                                                          (2000);
       g. Team Leader Divisi Automobile (2000-2001);                  g. Team Leader of Automobile Division (2000-2001);
       h. Manajer Divisi Equipment (2001-2002); dan                   h. Manager of Equipment Division (2001-2002);
                                                                          and
       i. Senior Manager Cabang Jakarta Pusat (2002-                  i. Senior Manager of Central Jakarta Branch (2002-
          2005);                                                          2005);
   •   Beberapa posisi di PT Maybank Indonesia Finance:           • Several positions at PT Maybank Indonesia Finance
                                                                      as the followings:
       a. Marketing General Manager Indonesia West                    a. Marketing General Manager Indonesia West
          Region (2005- 2007); dan                                        Region (2005-2007); and
       b. Risk Director (April-September 2007).                       b. Risk Director (April-September 2007).

Hubungan Afiliasi:                                              Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,              He does not have any affiliated, financial, management, and
kepengurusan, kekeluargaan dengan anggota Direksi lainnya,      family relationship with other members of the Board of
anggota Dewan Komisaris, serta Pemegang Saham Utama             Directors, members of the Board of Commissioners, nor
dan Pengendali.                                                 with Majority and Controlling Shareholders.




                                                                                                                                   55
Page 56
                                                                           Miki Effendi Lim
                                                                           Direktur
                                                                           Director




     Warga negara Indonesia, 47 tahun, berdomisili di Jakarta.   Indonesian citizen, 47 years old, residing in Jakarta.

     Dasar Hukum Penunjukkan:                                    Legal Basis of Appointment:
     Akta No.264 tanggal 30 Maret 2023.                          Deed No.264 dated March 30, 2023.

     Riwayat Pendidikan:                                         Educational Background:
        • Sarjana Ekonomi dari Universitas Kristen Krida            • Bachelor of Economics from University of Kristen
           Wacana (2006); dan                                          Krida Wacana (2006); and
        • Magister Manajemen dari Universitas Kristen Krida         • Master of Management from University of Kristen
           Wacana (2021).                                              Krida Wacana (2021).

     Pengalaman Kerja:                                           Work Experience :
        • Credit Marketing Officer dan Admin Coll PT Oto           • Credit Marketing Officer and Admin Coll of PT Oto
           Multiartha (1997-1999);                                     Multiartha (1997-1999);
        • Supervisor Marketing PT Elbatama Finance (2000-          • Marketing Supervisor of PT Elbatama Finance (2000-
           2003);                                                      2003);
        • Kepala Cabang PT Verena Oto Finance (2003-2006);         • Branch Head of PT Verena Oto Finance (2003-2006);
        • Senior Manager Sales & Operations Area Jakarta           • Senior Manager Sales & Operations of PT U Finance
           PT U Finance Indonesia (2006);                              Indonesia for Jakarta Area (2006);
        • Beberapa posisi di PT Maybank Indonesia Finance          • Several positions at PT Maybank Indonesia Finance
           sebagai:                                                    as the followings:
           a. Manajer Cabang PT Maybank Indonesia Finance              a. Branch Manager of PT Maybank Indonesia Finance
              (2006- 2007);                                                (2006-2007);
           b. Area Manager PT Maybank Indonesia Finance                b. Area Manager of PT Maybank Indonesia Finance
              (2007- 2010); dan                                            (2007-2010); and
           c. Kepala Divisi Marketing PT Maybank Indonesia             c. Head of Marketing Division of PT Maybank
              Finance (2010-2011).                                         Indonesia Finance (2010-2011).

     Hubungan Afiliasi:                                          Affiliation Relationship:
     Beliau tidak memiliki hubungan afiliasi, keuangan,          He does not have any affiliated, financial, management, and
     kepengurusan, kekeluargaan dengan anggota Dewan Direksi     family relationship with other members of the Board of
     lainnya, anggota Dewan Komisaris, serta Pemegang Saham      Directors, members of the Board of Commissioners, nor
     Utama dan Pengendali.                                       with Majority and Controlling Shareholders.




56        2023 Laporan Tahunan
                       Annual Report
Page 57
                                                                                                       Profil Perusahaan
                                                                                                             Company Profile




                                                                       Arief Soerendro
                                                                       Direktur
                                                                       Director




Warga negara Indonesia, 54 tahun, berdomisili di Bekasi.     Indonesian citizen, 54 years old, residing in Bekasi.

Dasar Hukum Penunjukkan:                                     Legal Basis of Appointment:
Akta No.264 tanggal 30 Maret 2023.                           Deed No.264 dated March 30, 2023.

Riwayat Pendidikan:                                          Educational Background:
Sarjana Sosial Politik dari Universitas Jenderal Soedirman   Bachelor of Socio-Political Science from University of
(1993).                                                      Jenderal Soedirman (1993).

Pengalaman Kerja:                                            Work Experience :
   • Sales Executive PT Sinar Bersama Persada (1993-           • Sales Executive of PT Sinar Bersama Persada (1993-
      1994);                                                       1994);
   • Sales Executive PT Depok Motor (1994-1996);               • Sales Executive of PT Depok Motor (1994 - 1996);
   • Beberapa posisi di PT Maybank Indonesia Finance           • Several positions at PT Maybank Indonesia Finance
      sebagai:                                                     as the followings:
      a. Credit Marketing Officer (1996-1998);                     a. Credit Marketing Officer (1996-1998);
      b. Collection Section Head (1998-1999);                      b. Collection Section Head (1998-1999);
      c. Credit Analyst Head (1999-2000);                          c. Credit Analyst Head (1999-2000);
      d. Branch Manager Pjs (2000-2001);                           d. Branch Manager Pjs (2000-2001);
      e. Marketing Head (2001-2005);                               e. Marketing Head (2001-2005);
      f. Branch Manager (2005-2007);                               f. Branch Manager (2005-2007);
      g. Area Manager (2007-2010);                                 g. Area Manager (2007-2010);
      h. Regional Manager (2010-2011); dan                         h. Regional Manager (2010-2011); and
      i. Kepala Divisi Marketing (2011-2017).                      i. Head of Marketing Division (2011-2017).

Hubungan Afiliasi:                                           Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,           He does not have any affiliated, financial, management, and
kepengurusan, kekeluargaan dengan anggota Dewan Direksi      family relationship with other members of the Board of
lainnya, anggota Dewan Komisaris, serta Pemegang Saham       Directors, members of the Board of Commissioners, nor
Utama dan Pengendali.                                        with Majority and Controlling Shareholders.




                                                                                                                           57
Page 58
     Profil Dewan Pengawas Syariah
     Profile of The Sharia Supervisory Board




                                                                            Amirsyah Tambunan
                                                                            Ketua Dewan Pengawas Syariah
                                                                            Chairperson of Sharia Supervisory Board



     Warga Negara Indonesia, 60 tahun, berdomisili di Tangerang   Indonesian citizen, 60 years old, residing in South Tangerang.
     Selatan.

     Dasar Hukum Penunjukkan:                                     Legal Basis of Appointment:
        • Akta No.122 tanggal 29 April 2021.                         • Deed No.122 dated April 29, 2021.

     Riwayat Pendidikan:                                          Educational Background:
        • Sarjana Pendidikan Dakwah dari Institut Agama              • Bachelor of Islamic Missionary Work from Institut
           Islam Negeri Medan (1989);                                   Agama Islam Negeri, Medan (1989);
        • Magister Pemikiran Politik Islam dari Universitas          • Master of Islamic Political System from Universitas
           Islam Negeri Syarif Hidayatullah Jakarta (1997); dan         Islam Negeri Syarif Hidayatullah, Jakarta (1997); and
        • Doktor Pemikiran Politik Islam dari Universitas Islam      • Doctor of Islamic Political System from Universitas
           Negeri Syarif Hidayatullah Jakarta (2007).                   Islam Negeri Syarif Hidayatullah, Jakarta (2007).

     Pengalaman Kerja:                                            Work Experience :
        • Dosen IAIN Sumatera Utara Dpk USU Medan (1997–            • Lecturer, IAIN off North Sumatra, employed in USU,
           2010);                                                       Medan (1997–2010);
        • Tenaga Ahli Dewan Perwakilan Rakyat Republik              • Expert, the House of Representatives of the Republic
           Indonesia (1999-2009);                                       of Indonesia (1999-2009);
        • Ketua Tim Kerja Pembahasan Rancangan Undang–              • Work Team Leader of Law Draft Discussion on Zakat,
           Undang Zakat Ikatan Cendekiawan Muslim Indonesia             Indonesian Muslim Intellectuals’ Association (2009);
           (2009); dan                                                  and
        • Wakil Ketua Tim Sosialisasi dan Advokasi Imunisasi        • Deputy Team Leader of Socialization and Advocacy
           Kementerian Kesehatan Republik Indonesia (2012).             on Immunization, Ministry of Health of the Republic
                                                                        of Indonesia (2012).

     Rangkap Jabatan:                                             Concurrent Positions:
        • Dosen UIN Syarif Hidayatullah Jakarta (sejak 2010);        • Lecturer, UIN of Syarif Hidayatullah, Jakarta (since 2010);
        • Dosen Universitas Muhammadiyah Jakarta                     • Lecturer, University of Muhammadiyah Jakarta
           (sejak 2010);                                                (since 2010);
        • Anggota Dewan Pengawas Syariah (DPS) DSN - MUI             • Member, Sharia Supervisory Board (Certified by
           PT Mega Central Finance (sejak 2012);                        National Sharia Board of MUI) in PT Mega Central
                                                                        Finance (since 2012);
        •    Ketua Dewan Pengawas Syariah Nasional (DPS)             • Chairperson, Sharia Supervisory Board (Certified by
             DSN - MUI Mega Jiwa Syariah (sejak 2016);                  National Sharia Board of MUI) in Mega Jiwa Syariah
                                                                        (since 2016);
        •    Ketua Dewan Pengawas Syariah Nasional (DPS)             • Chairperson, Sharia Supervisory Board (Certified by
             DSN - MUI Reksadana Unit Usaha Syariah Aurora              National Sharia Board of MUI) in Mutual Fund of Sharia
             Syariah (sejak 2018); dan                                  Business Unit in Aurora Syariah (since 2018); and
        •    Ketua Dewan Pengawas Syariah Nasional (DPS)             • Chairperson, Sharia Supervisory Board (Certified by
             DSN - MUI Unit Usaha Syariah DBS Kustodian (sejak          National Sharia Board of MUI) in Sharia Business
             2019).                                                     Unit in DBS Kustodian (since 2019).

     Hubungan Afiliasi:                                           Affiliation Relationship:
     Beliau tidak memiliki hubungan afiliasi, keuangan,           He does not have any affiliated, financial, management, and
     kepengurusan, kekeluargaan dengan anggota Dewan              family relationship with other members of the Sharia
     Pengawas Syariah lainnya, anggota Dewan Komisaris,           Supervisory, members of the Board of Commissioners,
     anggota Direksi, serta Pemegang Saham Utama dan              members of the Board of Directors, nor with Majority and
     Pengendali.                                                  Controlling Shareholders.




58          2023 Laporan Tahunan
                       Annual Report
Page 59
                                                                                                      Profil Perusahaan
                                                                                                            Company Profile




                                                                     Sodikun
                                                                     Anggota Dewan Pengawas Syariah
                                                                     Member of Sharia Supervisory Board



Warga Negara Indonesia, 63 tahun, berdomisili di Jakarta   Indonesian Citizen, 63 years old, residing in Central Jakarta.
Pusat.

Dasar Hukum Penunjukkan:                                   Legal Basis of Appointment:
   • Akta No.122 tanggal 29 April 2021.                       • Deed No.122 dated April 29, 2021.

Riwayat Pendidikan:                                        Educational Background:
   • Sarjana Perbandingan Agama dari Institut Agama           • Bachelor of Comparative Religions, State Islamic
      Islam Negeri Raden Fatah Palembang (1990);                 Institute (IAIN) of Raden Fatah, Palembang (1990);
   • Magister Kebijakan Publik dari Sekolah Tinggi Ilmu       • Master of Public Policy, Social and Political Science
      Sosial dan Politik (2010); dan                             College (2010); and
   • Doktor Komunikasi dari Universitas Sahid Jakarta         • Doctor of Communications, University of Sahid,
      (2012).                                                    Jakarta (2012).

Pengalaman Kerja:                                          Work Experience :
   • Direktur Sekolah Menanamkan Iman Ar Riyadh (SEMI)       • Principal, Faith Building School of Ar Riyadh (SEMI)
      (1980-1983);                                               (1980-1983);
   • Guru Pesantren Ar Riyadh (1980-1983);                   • Teacher, Islamic School of Ar Riyadh (1980-1983);
   • Pimpinan Pesantren Sultan Mahmud Badaruddin             • Principal, Islamic School of Sultan Mahmud Badaruddin
      (1983-1985);                                               (1983-1985);
   • Pimpinan Pesantren Amalul Khoir (1983-1985);            • Principal, Islamic School of Amalul Khoir (1983-1985);
   • Kepala Bagian Kemahasiswaan STIE Sultan Mahmud          • Head, Student Affairs Division, STIE of Sultan Mahmud
      Badaruddin III Palembang (1983-1985);                      Badaruddin III, Palembang (1983-1985);
   • Dosen Stan DI (1998-2004); dan                          • Lecturer, Stan DI (1998-2004); and
   • Ketua DPS Bank Sumsel Babel Syariah (2011-2015).        • Chairperson, Sharia Supervisory Board in Bank
                                                                 Sumsel- Babel Syariah (2011-2015).

Rangkap Jabatan:                                           Concurrent Positions:
   • Ketua Dewan Pengawas Syariah PT Astra Aviva Life;        • Chairperson, Sharia Supervisory Board in PT Astra
                                                                 Aviva Life;
   •   Dosen Universitas Gunadarma (sejak 2022); dan          • Lecturer of Gunadarma University (since 2022); and
   •   Dosen Akademi Komunikasi Media Radio dan TV            • Lecturer of Radio Media and TV Communication
       Jakarta (sejak 2022).                                     Academy Jakarta (since 2022).

Hubungan Afiliasi:                                         Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,         He does not have any affiliated, financial, management, and
kepengurusan, kekeluargaan dengan anggota Dewan            family relationship with other members of the Sharia
Pengawas Syariah lainnya, anggota Dewan Komisaris,         Supervisory, members of the Board of Commissioners,
anggota Direksi, serta Pemegang Saham Utama dan            members of the Board of Directors, nor with Majority and
Pengendali.                                                Controlling Shareholders.




                                                                                                                            59
Page 60
 Profil Komite Audit
 Profile of The Audit Committee

 Deswandhy Agusman
 Ketua Komite Audit
 Chairperson of Audit Committee

 Dasar Hukum Penunjukkan:                                     Legal Basis of Appointment:
 • Resolusi Dewan Komisaris tanggal 04 Maret 2022.            • Board of Commissioners Resolution dated
                                                                 March 4, 2022.

 Profil lengkap Ketua Komite Audit dapat dilihat pada         Full profile of Chairperson of Audit Committee is
 Profil Dewan Komisaris dalam Laporan Tahunan ini.            available in the Board of Commissioners’ Profiles
                                                              section of this Annual Report.




                                                                        Helmi Mahfud, S.Ak
                                                                        Anggota Komite Audit
                                                                        Member of Audit Committee


 Warga Negara Indonesia, 63 tahun, berdomisili di Jakarta.    Indonesian Citizen, 63 years old, residing in Jakarta.

 Dasar Hukum Penunjukkan dan Periode Jabatan:                 Legal Basis of Appointment and Term of Office:
    • Resolusi Dewan Komisaris tanggal 04 Maret 2022.            • Board of Commissioners Resolution dated March 4,
                                                                     2022.

 Riwayat Pendidikan dan Sertifikasi:                          Educational Background and Certification:
    • Universitas Padjadjaran – Jurusan Akuntansi Bandung        • Department of Accounting, the University Padjadjaran
       (1981 -1987);                                                Bandung (1981 -1987);
    • Firmwide Audit School Staff Manila – Filipina (1988);      • Firmwide Audit School Staff Manila - Philippines
       dan                                                          (1988); and
    • Sindikasi Pinjaman Uang Euro – Hong Kong.                  • Euro Money Loan Syndication - Hong Kong.

 Pengalaman Profesional:                                      Professional Experience:
    • Divisi Audit SGV Utomo (Feb 1988 - Mar 1989);              • SGV Utomo’s Audit Division (Feb 1988 - Mar 1989);
    • Asisten Akuntan, Dow Chemical Pacific Ltd.;                • Assistant Accountant, Dow Chemical Pacific Ltd.;
    • Kepala Merchant Banking PT Bank Merincorp (Jun             • Head of Merchant Banking PT Bank Merincorp (Jun
       1990 - Mei 1997);                                             1990 - May 1997);
    • Manajer - Divisi Merchant Banking PT Bank Universal        • Manager - Merchant Banking Division PT Bank
       Tbk. (Mei 1997 - April 2000);                                 Universal Tbk. (May 1997 - April 2000);
    • Manajer Keuangan & Akuntansi PT Refcon Java                • Finance & Accounting Manager PT Refcon Java
       Industry (April 2000 - Maret 2009); dan                       Industry (April 2000 - March 2009); and
    • Komite Audit PT Bukit Asam Tbk (Februari 2011 –            • Audit Committee of PT Bukit Asam Tbk (February
       2015).                                                        2011 - 2015).

 Rangkap Jabatan:                                             Concurrent Position:
 General Manager PT PLTA Situmulya (sejak Maret 2009).        General Manager of PT PLTA Situmulya (since March 2009).

 Hubungan Afiliasi:                                           Affiliation Relationship:
 Beliau tidak memiliki hubungan afiliasi, keuangan,           He does not have any affiliated, financial, management, and
 kepengurusan, kekeluargaan dengan anggota Komite Audit       family relationship with other members of the Audit
 lainnya, anggota Dewan Komisaris, anggota Direksi, serta     Committee, members of the Board of Commissioners,
 Pemegang Saham Utama dan Pengendali.                         members of the Board of Directors, nor with Majority and
                                                              Controlling Shareholders.




60    2023 Laporan Tahunan
                   Annual Report
Page 61
                                                                                                      Profil Perusahaan
                                                                                                            Company Profile




                                                                      Hadi Indraprasta
                                                                      Anggota Komite Audit
                                                                      Member of Audit Committee



Warga Negara Indonesia, 63 tahun, berdomisili di Jakarta.   Indonesian Citizen, 63 years old, residing in Jakarta.

Dasar Hukum Penunjukkan:                                    Legal Basis of Appointment:
   • Resolusi Dewan Komisaris tanggal 04 Maret 2022.           • Board of Commissioners Resolution dated March 4,
                                                                   2022.

Riwayat Pendidikan:                                         Educational Background:
   • Sarjana - Fakultas Manajemen Ekonomi, Universitas         • Bachelor’s Degree – Faculty of Economics Management,
      Padjadjaran Bandung (1987); dan                             University of Padjadjaran, Bandung (1987); and
   • English Program, Woodbury University, Los Angeles,        • English Program, Woodbury University, Los Angeles,
      USA (1980).                                                 USA (1980).

Sertifikasi:                                                Certification:
   • Controller Development Program, Bank Duta (1990);         • Controller Development Program, Bank Duta (1990);
   • Risk Management Certification Level 1, Level 2 and        • Risk Management Certification Level 1, Level 2 and
        Level 4 (Komisaris);                                        Level 4 (Commissioner);
   • Qualified Risk Governance Professional (2022), LPK        • Qualified Risk Governance Professional (2022), LPK
        MKS/QRGP/2022001138; dan                                    MKS/QRGP/2022001138; and
   • Sertifikasi Institusi Komite Audit Indonesia (IKAI).      • Institute of Indonesian Audit Committee (IKAI)
                                                                    Certification.

Pengalaman Kerja:                                           Work Experience :
   • American Express, TRS (1987);                            • American Express, TRS (1987);
   • PT Bank Central Asia (1987-1989);                        • PT Bank Central Asia (1987-1989);
   • PT Bank Duta Tbk. (1989-2000);                           • PT Bank Duta Tbk. (1989-2000);
   • BPPN/IBRA (Badan Penyehatan Perbankan Nasional)          • BPPN/IBRA (Indonesian Bank Restructuring Agency
      (2000-2004);                                                (2000-2004);
   • Anggota Komite Pemantau Risiko PT Bank Danamon           • Risk Monitoring Committee Member of PT Bank
      Indonesia Tbk. (2006-2008);                                 Danamon Indonesia Tbk. (2006-2008);
   • Anggota Komite Audit PT Bank Danamon Indonesia           • Audit Committee Member of PT Bank Danamon
      Tbk. (2004-2008);                                           Indonesia Tbk. (2004-2008);
   • Anggota Komite Audit PT Bank Internasional Indonesia     • Audit Committee Member of PT Bank Internasional
      Tbk. (2008-2012);                                           Indonesia Tbk. (2008-2012);
   • Anggota Komite Audit PT Maybank Indonesia Finance        • Audit Committee Member of PT Maybank Indonesia
      (Desember 2012-2019);                                       Finance (December 2012-2019);
   • Anggota Pengawasan Risiko PT KB Bank Bukopin             • Risk Oversight Committee Member of PT KB Bank
      Tbk. (November 2015-Juni 2018);                             Bukopin Tbk. (November 2015-June 2018);
   • Anggota Komite Audit PT KB Bank Bukopin Tbk.             • Audit Committee Member of PT KB Bank Bukopin
      (Juni 2018-Desember 2021, Juni 2012-November                Tbk. (June 2018-December 2021, June 2012-November
      2015); dan                                                  2015); and
   • Anggota Komite Audit & Pemantau Risiko PT Asuransi       • Audit Committee & Risk Monitoring Committee
      Cigna Indonesia (Desember 2019-Januari 2023).               Member of PT Asuransi Cigna Indonesia (December
                                                                  2019-January 2023).

Rangkap Jabatan:                                            Concurrent Positions:
Anggota Komite Audit dan Komite Pemantau Risiko PT          Member of Audit Committee and Risk Monitoring Committee
Asuransi Cigna Indonesia (sejak 2019).                      of PT Asuransi Cigna Indonesia (since 2019).

Hubungan Afiliasi:                                          Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,          He does not have any affiliated, financial, management, and
kepengurusan, kekeluargaan dengan anggota Komite Audit      family relationship with other members of the Audit
lainnya, anggota Dewan Komisaris, anggota Direksi, serta    Committee, members of the Board of Commissioners,
Pemegang Saham Utama dan Pengendali.                        members of the Board of Directors, nor with Majority and
                                                            Controlling Shareholders.




                                                                                                                          61
Page 62
     Profil Komite Nominasi dan Remunerasi
     Profile of Nomination and Remuneration Committee

     Deswandhy Agusman
     Ketua Komite Nominasi dan Remunerasi
     Chairperson of Nomination and Remuneration Committee



     Dasar Hukum Penunjukkan:                              Legal Basis of Appointment:
       • Resolusi Dewan Komisaris tanggal 31 Agustus          • Board of Commissioners Resolution dated
           2020.                                                 August 31, 2020.

     Profil lengkap Ketua Komite Nominasi dan Remunerasi   Complete profile of the Chairperson of Nomination
     dapat dilihat pada Profil Dewan Komisaris dalam       and Remuneration Committee is available in the Board
     Laporan Tahunan ini.                                  of Commissioners’ Profiles section of this Annual
                                                           Report.

     Steffano Ridwan
     Anggota Komite Nominasi dan Remunerasi
     Member of Nomination and Remuneration Committee

     Dasar Hukum Penunjukkan:                              Legal Basis of Appointment:
       • Resolusi Dewan Komisaris tanggal 31 Agustus          • Board of Commissioners Resolution dated
           2020.                                                 August 31, 2020.

     Profil lengkap Ketua Komite Nominasi dan Remunerasi   Complete profile of the Chairperson of Nomination
     dapat dilihat pada Profil Dewan Komisaris dalam       and Remuneration Committee is available in the Board
     Laporan Tahunan ini.                                  of Commissioners’ Profiles section of this Annual
                                                           Report.




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                                                                                                       Profil Perusahaan
                                                                                                             Company Profile




                                                                    Ika Setiawati Gunawan
                                                                    Anggota Komite Nominasi dan Remunerasi
                                                                    Member of Nomination and Remuneration
                                                                    Committee




Warga Negara Indonesia, 44 tahun, berdomisili di Jakarta.    Indonesian Citizen, 44 years old, residing in Jakarta.

Dasar Hukum Penunjukkan:                                     Legal Basis of Appointment:
   • Resolusi Dewan Komisaris tanggal 31 Agustus 2020.          • Board of Commissioners Resolution dated August
                                                                    31, 2020.

Riwayat Pendidikan:                                          Educational Background:
   • Sarjana Psikologi dari Universitas Tarumanagara            • Bachelor in Psychology from University of
      (2003); dan                                                  Tarumanagara (2003); and
   • Magister Manajemen Pemasaran dari Universitas              • Master of Marketing Management from University
      Kristen Krida Wacana (2022).                                 of Kristen Krida Wacana (2022).

Sertifikasi:                                                 Certification:
   • Sertifikasi Pembiayaan Manajerial dari PT Sertifikasi      • Managerial Financing Certification by PT Sertifikasi
        Profesi Pembiayaan Indonesia (2021); dan                     Profesi Pembiayaan Indonesia (2021); and
   • Sertifikasi Manajemen Sumber Daya Manusia dari             • Human Resources Management Certification from
        Badan Nasional Sertifikasi Profesi (2022).                   Badan Nasional Sertifikasi Profesi (2022).

Pengalaman Kerja:                                            Work Experience:
   • Human Resource Recruitment PT Carrefour Indonesia         • Human Resource Recruitment of PT Carrefour
      (2004-2005);                                                 Indonesia (2004-2005);
   • Human Resource Senior Staff PT BCA Finance                • Human Resource Senior Staff of PT BCA Finance
      (2005-2006);                                                 (2005-2006);
   • Country & Admin PT Trisilco Folec Indonesia (2006-        • Country & Admin of PT Trisilco Folec Indonesia
      2008);                                                       (2006-2008);
   • Human Resource Manager PT IMS Logistik Indonesia          • Human Resource Manager of PT IMS Logistik Indonesia
      (2008-2010); dan                                             (2008-2010); and
   • Senior Human Resources Manager PT Gilang Agung            • Senior Human Resources Manager of PT Gilang
      Persada (2010-2011).                                         Agung Persada (2010-2011).

Rangkap Jabatan:                                             Concurrent Positions:
Human Resource & General Affair Division Head Perseroan      Human Resource & General Affair Division Head of the
(sejak 2011).                                                Company (since 2011).

Hubungan Afiliasi:                                           Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,           She does not have any affiliated, financial, management,
kepengurusan, kekeluargaan dengan anggota Komite             and family relationship with other members of the Nomination
Nominasi dan Remunerasi lainnya, anggota Dewan Komisaris,    and Remuneration Committee, members of the Board of
anggota Direksi, serta Pemegang Saham Utama dan              Commissioners, members of the Board of Directors, nor
Pengendali.                                                  with Majority and Controlling Shareholders.




                                                                                                                            63
Page 64
 Profil Komite Pemantau Risiko
 Profile of Risk Supervisory Committee

 Deswandhy Agusman
 Ketua Komite Pemantau Risiko
 Chairperson of Risk Supervisory Committee

 Dasar Hukum Penunjukan:                                          Legal Basis of Appointment:
   • Resolusi Dewan Komisaris tanggal 07 Maret                       • Board of Commissioners Resolution dated
       2022                                                             March 7, 2022

 Profil lengkap Ketua Komite Pemantau Risiko dapat                Complete profile of the Chairperson of Risk Supervisory
 dilihat pada Profil Dewan Komisaris dalam Laporan                Committee is available in the Board of Commissioners’
 Tahunan ini.                                                     Profiles section of this Annual Report.

 Steffano Ridwan
 Anggota Komite Pemantau Risiko
 Member of Risk Supervisory Committee

 Dasar Hukum Penunjukan:                                          Legal Basis of Appointment:
   • Resolusi Dewan Komisaris tanggal 07 Maret                       • Board of Commissioners Resolution dated
       2022                                                             March 7, 2022

 Profil lengkap Anggota Komite Pemantau Risiko                    Complete profile of the Member of Risk Supervisory
 dapat dilihat pada Profil Dewan Komisaris dalam                  Committee is available in the Board of Commissioners’
 Laporan Tahunan ini.                                             Profiles section of this Annual Report.




                                                                            Herwan Ng
                                                                            Anggota Komite Pemantau Risiko
                                                                            Member of Risk Supervisory Committee



 Warga Negara Indonesia, 51 tahun, berdomisili di Jakarta.        Indonesian Citizen, 51 years old, residing in Jakarta.

 Dasar Hukum Penunjukkan:                                         Legal Basis of Appointment:
    • Resolusi Dewan Komisaris tanggal 07 Maret 2022.                • Board of Commissioners Resolution dated
                                                                         March 7, 2022.

 Riwayat Pendidikan:                                              Educational Background:
    • Sarjana Ekonomi, Universitas Tarumanagara (1995);              • Bachelor of Economics, Tarumanagara University
                                                                        (1995);
     •    Master of Business Administration, Edinburgh Business      • Master of Business Administration, Edinburgh Business
          School, Heriot-Watt University (2010).                        School, Heriot-Watt University (2010).
     •    Diploma in Corporate Governance, Corporate                 • Diploma in Corporate Governance, Corporate
          Government Institute (2023)                                   Government Institute (2023)




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                                                                                                       Profil Perusahaan
                                                                                                             Company Profile




Sertifikasi:                                                Certification:
   • Certified Public Accountant, Indonesia (2004);            • Certified Public Accountant, Indonesia (2004);
   • Certified Internal Auditor, USA (2006);                   • Certified Internal Auditor, USA (2006);
   • Fellow of Certified Management Accountant, Australia      • Fellow of Certified Management Accountant, Australia
        (2007);                                                     (2007);
   • Chartered Accountant, Indonesia (2013);                   • Chartered Accountant, Indonesia (2013);
   • Fellow of Certified Practicing Accountant, Australia      • Fellow of Certified Practicing Accountant, Australia
        (2015);                                                     (2015);
   • Certified Governance Risk Compliance Professional,        • Certified Governance Risk Compliance Professional,
        USA (2021);                                                 USA (2021);
   • Certified Governance Risk Compliance Auditor, USA         • Certified Governance Risk Compliance Auditor, USA
        (2021);                                                     (2021);
   • ASEAN CPA (2021); dan                                     • ASEAN CPA (2021); and
   • Qualified Risk Governance Professional, Indonesia         • Qualified Risk Governance Professional, Indonesia
        (2022).                                                     (2022).

Pengalaman Kerja:                                           Work Experience :
   • Senior Manager, PwC Indonesia dan Belanda (1995-         • Senior Manager, PwC Indonesia and Netherland
      2005);                                                      (1995- 2005);
   • CFO, Rio Tinto Indonesia (2005-2019);                    • CFO, Rio Tinto Indonesia (2005-2019);
   • Anggota Komite Audit, PT Maybank Indonesia               • Member of Audit Committee, PT Maybank Indonesia
      Finance (2015-2021);                                        Finance (2015-2021);
   • Komisaris Independen, PT Hewlett Packard Finance         • Independent Commissioner, PT Hewlett Packard
      Indonesia (2016-2022).                                      Finance Indonesia (2016-2022).

Rangkap Jabatan:                                            Concurrent Positions:
   • Komisaris Independen, PT Asuransi Bina Dana Arta          • Independent Commissioner, PT Asuransi Bina Dana
      Tbk (2023-sekarang);                                        Arta Tbk (2023-present);
   • Anggota Komite Audit dan Pemantau Risiko,                 • Member of Audit and Risk Monitoring Committee,
      PT Caterpillar Finance Indonesia (2021-sekarang);           PT Caterpillar Finance Indonesia (2021-present);
   • Anggota Komite Audit PT Vale Indonesia Tbk                • Audit Committee Member of PT Vale Indonesia Tbk;
      (2019-sekarang);                                            (2019-present);
   • Anggota Komite Audit PT Archi Indonesia Tbk               • Audit Committee Member of PT Archi Indonesia Tbk
      (2021-sekarang);                                            (2021-present);
   • Anggota Komite Audit PT Industri Jamu & Farmasi           • Audit Committee Member of PT Industri Jamu &
      Sido Muncul Tbk (2021-sekarang);                            Farmasi Sido Muncul Tbk (2021-present);
   • Anggota Komite Audit PT Samudera Indonesia Tbk            • Audit Committee Member of PT Samudera Indonesia
      (2021-sekarang);                                            Tbk (2021-present);
   • Anggota Komite Audit PT GoTo Gojek Tokopedia              • Audit Committee Member of PT GoTo Gojek Tokopedia
      Tbk (2021-sekarang);                                        Tbk (2021-present);
   • Anggota Komite Audit PT Hillcon Tbk (2022-sekarang);      • Member of Audit Committee of PT Hillcon Tbk
      dan                                                         (2022-present); and
   • Anggota Komite Audit PT FKS Multi Agro Tbk                • Audit Committee Member of PT FKS Multi Agro Tbk
      (2022-sekarang).                                            (2022-present).

Hubungan Afiliasi:                                          Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,          He does not have any affiliated, financial, management, and
kepengurusan, kekeluargaan dengan anggota Komite            family relationship with other members of the Risk Supervisory
Pemantau Risiko lainnya, anggota Dewan Komisaris, anggota   Committee, members of the Board of Commissioners,
Direksi, serta Pemegang Saham Utama dan Pengendali.         members of the Board of Directors, nor with Majority and
                                                            Controlling Shareholders.




                                                                                                                             65
Page 66
 Profil Organ Pendukung Direksi
 Profile of The Board of Directors’ Supporting Organ
 PROFIL KOMITE MANAJEMEN RISIKO                       PROFILE OF RISK MANAGEMENT
                                                      COMMITTEE
 Alexander
 Ketua Komite Manajemen Risiko
 Chairperson of Risk Management Committee

 Dasar Hukum Penunjukan:                              Legal Basis of Appointment:
 Pembentukan Komite Manajemen Risiko tanggal 21       Establishment of the Risk Management Committee
 Januari 2016 (2016-sekarang).                        on January 21, 2016 (2016-present).

 Profil lengkap Ketua Komite Manajemen Risiko dapat   Full profile of the Chairperson of Risk Management
 dilihat pada Profil Direksi dalam Laporan Tahunan    Committee is available in the Board of Directors’
 ini.                                                 Profiles section of this Annual Report.

 Arief Soerendro
 Anggota Komite Manajemen Risiko
 Member of Risk Management Committee

 Dasar Hukum Penunjukan:                              Legal Basis of Appointment:
 Pembentukan Komite Manajemen Risiko tanggal 21       Establishment of the Risk Management Committee
 Januari 2016 (2016-sekarang).                        on January 21, 2016 (2016-present).

 Profil lengkap Anggota Komite Manajemen Risiko       Full profile of the Member of Risk Management
 dapat dilihat pada Profil Direksi dalam Laporan      Committee is available in the Board of Directors’
 Tahunan ini.                                         Profiles section of this Annual Report.

 Miki Effendi
 Anggota Komite Manajemen Risiko
 Member of Risk Management Committee

 Dasar Hukum Penunjukan:                              Legal Basis of Appointment:
 Pembentukan Komite Manajemen Risiko tanggal 21       Establishment of the Risk Management Committee
 Januari 2016 (2016-sekarang).                        on January 21, 2016 (2016-present).

 Profil lengkap Anggota Komite Manajemen Risiko       Full profile of the Member of Risk Management
 dapat dilihat pada Profil Direksi dalam Laporan      Committee is available in the Board of Directors’
 Tahunan ini.                                         Profiles section of this Annual Report.




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Page 67
                                                                                                       Profil Perusahaan
                                                                                                             Company Profile




                                                                      Arthur Oktavianus Senduk
                                                                      Anggota Komite Manajemen Risiko
                                                                      Member of Risk Management Committee




Warga Negara Indonesia, 39 tahun, berdomisili di Bekasi.     Indonesian Citizen, 39 years old, residing in Bekasi.

Dasar Hukum Penunjukkan:                                     Legal Basis of Appointment:
Pembentukan Komite Manajemen Risiko tanggal 21 Januari       Establishment of the Risk Management Committee on
2016 (2016-sekarang).                                        January 21, 2016 (2016-present).

Riwayat Pendidikan:                                          Educational Background:
   • Sarjana Hukum dari Universitas Trisakti (2009);            • Bachelor of Law from Trisakti University (2009);
   • Magister bidang Manajemen Strategi dari Universitas        • Master of Strategic Management from State University
      Negeri Jakarta (2021); dan                                   of Jakarta (2021); and
   • Magister Manajemen Pemasaran dari Universitas              • Master of Marketing Management from University
      Kristen Krida Wacana (2022).                                 of Kristen Krida Wacana (2022).

Sertifikasi:                                                 Certification:
   • Sertifikasi Pembiayaan Manajerial dari PT Sertifikasi      • Managerial Financing Certification by PT Sertifikasi
        Profesi Pembiayaan Indonesia (2021); dan                     Profesi Pembiayaan Indonesia (2021); and
   • Sertifikasi Manajemen Risiko - Satu Tingkat Di Bawah       • Risk Management Certification - One Level Below
        Direksi Tahun 2023.                                          Directors by 2023.

Pengalaman Kerja:                                            Work Experience :
   • Koordinator Tim Daun Production                         • Coordinator of Daun Production
      Advertising (2008-2009);                                 Advertising Team (2008-2009);
   • Legal Officer Perseroan (2009-2010);                    • Legal Officer of the Company (2009-2010);
   • Credit Analyst Perseroan (2010-2015); dan               • Credit Analyst of the Company (2010-2015); and
   • Risk Management Department Head Perseroan               • Risk Management Department Head of the Company
      (2015-2016).                                             (2015-2016).

Hubungan Afiliasi:                                           Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,           He does not have any affiliated, financial, management, and
kepengurusan, kekeluargaan dengan anggota Komite             family relationship with other members of the Risk
Manajemen Risiko lainnya, anggota Dewan Komisaris,           Management Committee, members of the Board of
anggota Direksi, serta Pemegang Saham Utama dan              Commissioners, members of the Board of Directors, nor
Pengendali.                                                  with Majority and Controlling Shareholders.




                                                                                                                           67
Page 68
 PROFIL KOMITE PENGARAH                              PROFILE OF INFORMATION
 TEKNOLOGI INFORMASI                                 TECHNOLOGY STEERING COMMITTEE
 (“KOMITE TEKNOLOGI INFORMASI”)                      (“INFORMATION TECHNOLOGY
                                                     COMMITTEE”)


 Arief Soerendro
 Ketua Komite Teknologi Informasi
 Chairperson of Information Technology Committee

 Dasar Hukum Penunjukkan:                            Legal Basis of Appointment:
 Surat Keputusan No. SK.2022.001/PREDI-MIF tentang   Decree Letter No. SK.2022.001/PREDI-MIF concerning
 Pembentukan Komite Pengarah Teknologi Informasi     Establishment of the Information Technology Steering
 tanggal 14 Maret 2022.                              Committee dated March 14, 2022.

 Profil lengkap Ketua Komite Teknologi Informasi     Full profile of the Chairperson of Information
 dapat dilihat pada Profil Direksi dalam Laporan     Technology Committee is available in the Board of
 Tahunan ini.                                        Directors’ Profiles section of this Annual Report.

 Arthur Oktavianus Senduk
 Anggota Komite Teknologi Informasi
 Member of Information Technology Committee

 Dasar Hukum Penunjukan:                             Legal Basis of Appointment:
 Surat Keputusan No. SK.2022.001/PREDI-MIF tentang   Decree Letter No. SK.2022.001/PREDI-MIF concerning
 Pembentukan Komite Pengarah Teknologi Informasi     Establishment of the Information Technology Steering
 tanggal 14 Maret 2022.                              Committee dated March 14, 2022.

 Profil lengkap Anggota Komite Teknologi Informasi   Full profile of the Member of Information Technology
 dapat dilihat pada Profil Komite Manajemen Risiko   Committee is available in the Risk Management
 dalam Laporan Tahunan ini.                          Committee’s Profiles section of this Annual Report.




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Page 69
                                                                                                          Profil Perusahaan
                                                                                                                Company Profile




                                                                        Felik A. Irianto Sundah
                                                                        Anggota Komite Teknologi Informasi
                                                                        Member of Information Technology Committee



Warga Negara Indonesia, 43 tahun, berdomisili di Jakarta.       Indonesian Citizen, 43 years old, residing in Jakarta.

Dasar Hukum Penunjukkan:                                        Legal Basis of Appointment:
Surat Keputusan No. SK.2022.001/PREDI-MIF tentang               Decree Letter No. SK.2022.001/PREDI-MIF concerning
Pembentukan Komite Pengarah Teknologi Informasi tanggal         Establishment of the Information Technology Steering
14 Maret 2022.                                                  Committee dated March 14, 2022.

Riwayat Pendidikan:                                             Educational Background:
   • Sarjana Teknologi Industri dari Universitas Gunadarma         • Bachelor of Industry Technology from Gunadarma
      (2002); dan                                                     University (2002); and
   • Magister Manajemen dari Universitas Kristen Krida             • Master of Management from University of Kristen
      Wacana (2022).                                                  Krida Wacana (2022).

Sertifikasi:                                                    Certification:
Sertifikasi Pembiayaan Manajerial dari PT Sertifikasi Profesi   Managerial Financing Certification by PT Sertifikasi Profesi
Pembiayaan Indonesia (2021).                                    Pembiayaan Indonesia (2021).

Pengalaman Kerja:                                               Work Experience :
   • Web Content/Data Entry Kemana.com (1999);                    • Web Content/Data Entry of Kemana.com (1999);
   • Network Administrator NGO Urban Poor Consortium              • Network Administrator of NGO Urban Poor Consortium
      (2002);                                                         (2002);
   • Information System Development/Analyst PT Austindo           • Information System Development/Analyst of of PT
      Nusantara Jaya Finance (2006-2008);                             Austindo Nusantara Jaya Finance (2006-2008);
   • IT Department Staff PT BII Finance Center (2008-             • IT Department Staff PT BII Finance Center (2008-
      2011); dan                                                      2011); and
   • IT Department Head PT BII Finance Center (2011-              • IT Department Head of PT BII Finance Center (2011-
      2014).                                                          2014).

Hubungan Afiliasi:                                              Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,              He does not have any affiliated, financial, management, and
kepengurusan, kekeluargaan dengan anggota Komite                family relationship with other members of the Information
Teknologi Informasi lainnya, anggota Dewan Komisaris,           Technology Committee, members of the Board of
anggota Direksi, serta Pemegang Saham Utama dan                 Commissioners, members of the Board of Directors, nor
Pengendali.                                                     with Majority and Controlling Shareholders.




                                                                                                                            69
Page 70
                                                                          Aryanto
                                                                          Anggota Komite Teknologi Informasi
                                                                          Member of Information Technology Committee




 Warga Negara Indonesia, 40 tahun, berdomisili di Jakarta.        Indonesian Citizen, 40 years old, residing in Jakarta.

 Dasar Hukum Penunjukkan:                                         Legal Basis of Appointment:
 Surat Keputusan No. SK.2022.001/PREDI-MIF tentang                Decree Letter No. SK.2022.001/PREDI-MIF concerning
 Pembentukan Komite Pengarah Teknologi Informasi tanggal          Establishment of the Information Technology Steering
 14 Maret 2022.                                                   Committee dated March 14, 2022.

 Riwayat Pendidikan:                                              Educational Background:
    • Sarjana Ekonomi dari Universitas Kristen Krida                 • Bachelor of Economy from Universitas Kristen Krida
       Wacana (2005); dan                                               Wacana (2005); and
    • Magister Manajemen Pemasaran dari Universitas                  • Master of Marketing Management from Universitas
       Kristen Krida Wacana (2022).                                     Kristen Krida Wacana (2022).

 Sertifikasi:                                                     Certification:
 Sertifikasi Pembiayaan Manajerial dari PT Sertifikasi Profesi    Managerial Financing Certification by PT Sertifikasi Profesi
 Pembiayaan Indonesia (2022).                                     Pembiayaan Indonesia (2022).

 Pengalaman Kerja:                                                Work Experience :
    • Marketing Staff PD. Sandang Kharisma (2004-2005);             • Marketing Staff of PD. Sandang Kharisma
                                                                        (2004-2005);
     •    Marketing Staff Mega Authograha (2005);                   • Marketing Staff of Mega Authograha (2005);
     •    Junior Credit Marketing Officer PT BII Finance Center     • Junior Credit Marketing Officer of PT BII Finance
          (2006-2007);                                                  Center (2006-2007);
     •    Marketing Supervisor PT BII Finance Center (2007-         • Marketing Supervisor of PT BII Finance Center (2007-
          2008);                                                        2008);
     •    Branch Manager PT BII Finance Center (2008-2012);         • Branch Manager of PT BII Finance Center (2008-
          dan                                                           2012); and
     •    Regional Manager PT BII Finance Center (2012-2017).       • Regional Manager of PT BII Finance Center (2012-
                                                                        2017).

 Hubungan Afiliasi:                                               Affiliation Relationship:
 Beliau tidak memiliki hubungan afiliasi, keuangan,               He does not have any affiliated, financial, management, and
 kepengurusan, kekeluargaan dengan anggota Komite                 family relationship with other members of the Information
 Teknologi Informasi lainnya, anggota Dewan Komisaris,            Technology Committee, members of the Board of
 anggota Direksi, serta Pemegang Saham Utama dan                  Commissioners, members of the Board of Directors, nor
 Pengendali.                                                      with Majority and Controlling Shareholders.




70       2023 Laporan Tahunan
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                                                                                                          Profil Perusahaan
                                                                                                                 Company Profile




                                                                       Sufiana
                                                                       Anggota Komite Teknologi Informasi
                                                                       Member of Information Technology Committee




Warga Negara Indonesia, 49 tahun, berdomisili di Jakarta.       Indonesian Citizen, 49 years old, residing in Jakarta.

Dasar Hukum Penunjukkan:                                        Legal Basis of Appointment:
Surat Keputusan No. SK.2022.001/PREDI-MIF tentang               Decree Letter No. SK.2022.001/PREDI-MIF concerning
Pembentukan Komite Pengarah Teknologi Informasi tanggal         Establishment of the Information Technology Steering
14 Maret 2022.                                                  Committee dated March 14, 2022.

Riwayat Pendidikan:                                             Educational Background:
   • Sarjana Ekonomi dari Universitas Tarumanagara                 • Bachelor of Economy from Tarumanagara (1997).
      (1997).

Sertifikasi:                                                    Certification:
Sertifikasi Pembiayaan Manajerial dari PT Sertifikasi Profesi   Managerial Financing Certification by PT Sertifikasi Profesi
Pembiayaan Indonesia (2021).                                    Pembiayaan Indonesia (2021).

Pengalaman Kerja:                                               Work Experience :
   • Assistant Supervisor Auditor Kantor Akuntan Publik           • Assistant Supervisor Auditor at Public Accountant
      Deloitte Touche Tohmatsu (1997-2002); dan                       Firm Deloitte Touche Tohmatsu (1997-2002); and
   • Kepala Departemen Accounting Perseroan (2002-                • Accounting Department Head of the Company
      2010).                                                          (2002-2010).

Hubungan Afiliasi:                                              Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,              She does not have any affiliated, financial, management,
kepengurusan, kekeluargaan dengan anggota Komite                and family relationship with other members of the Information
Teknologi Informasi lainnya, anggota Dewan Komisaris,           Technology Committee, members of the Board of
anggota Direksi, serta Pemegang Saham Utama dan                 Commissioners, members of the Board of Directors, nor
Pengendali.                                                     with Majority and Controlling Shareholders.




                                                                                                                                71
Page 72
                                                                             Bonny P. Manoeroe
                                                                             Anggota Komite Teknologi Informasi
                                                                             Member of Information Technology Committee



     Warga Negara Indonesia, 54 tahun, berdomisili di Jakarta.       Indonesian Citizen, 54 years old, residing in Jakarta.

     Dasar Hukum Penunjukkan:                                        Legal Basis of Appointment:
     Surat Keputusan No. SK.2022.001/PREDI-MIF tentang               Decree Letter No. SK.2022.001/PREDI-MIF concerning
     Pembentukan Komite Pengarah Teknologi Informasi tanggal         Establishment of the Information Technology Steering
     14 Maret 2022.                                                  Committee dated March 14, 2022.

     Riwayat Pendidikan:                                             Educational Background:
        • Sarjana Peternakan dari Universitas Nusa Cendana              • Bachelor of Livestock from Nusa Cendana University
           (1994).                                                         (1994).

     Sertifikasi:                                                    Certification:
     Sertifikasi Pembiayaan Manajerial dari PT Sertifikasi Profesi   Managerial Financing Certification by PT Sertifikasi Profesi
     Pembiayaan Indonesia (2021).                                    Pembiayaan Indonesia (2021).

     Pengalaman Kerja:                                               Work Experience :
        • Volunteer for Voluntary Service Overseas Delsos,             • Volunteer for Voluntary Service Overseas of Delsos,
           Keuskupan Agung Kupang (1994);                                  Keuskupan Agung Kupang (1994);
        • Program Coordinator Australian Baptist Mission               • Program Coordinator of Australian Baptist Mission
           Service, Kupang (1995-1998);                                    Service, Kupang (1995-1998);
        • Field Coordinator PT PLAN International Indonesia,           • Field Coordinator of PT PLAN International Indonesia,
           based in Kupang Program Unit (1998-2001);                       based in Kupang Program Unit (1998-2001);
        • Freelance Consultant Pusat Pendidikan Lingkungan             • Freelance Consultant of Pusat Pendidikan Lingkungan
           Hidup, Bali (2001);                                             Hidup, Bali (2001);
        • Research and Community Development Manager                   • Research and Community Development Manager of
           Pro Millenio Jakarta (2001-2002);                               Pro Millenio Jakarta (2001-2002);
        • Research Manager PT Putra Nusa Lontar, Jakarta               • Research Manager of PT Putra Nusa Lontar, Jakarta
           (2002-2004);                                                    (2002-2004);
        • Research and Development Manager Lembaga                     • Research and Development Manager of Lembaga
           Bantuan Hukum dan Pemberdayaan Masyarakat                       Bantuan Hukum dan Pemberdayaan Masyarakat
           'Peduli Keadilan', Jakarta (2004-2006);                         'Peduli Keadilan', Jakarta (2004-2006);
        • Legal Consultant PT Binatara Persada-Jakarta (2007-          • Legal Consultant of PT Binatara Persada-Jakarta
           2009);                                                          (2007-2009);
        • Asset Management Section Head PT Verena Multi                • Asset Management Section Head of PT Verena Multi
           Finance (2010-2013);                                            Finance (2010-2013);
        • Area Manager PT First Indo American Leasing (2013-           • Area Manager of PT First Indo American Leasing
           2014); dan                                                      (2013-2014); and
        • Collection - National Remedial Manager PT BII                • Collection - National Remedial Manager of PT BII
           Finance Center (2014-2015).                                     Finance Center (2014-2015).

     Hubungan Afiliasi:                                              Affiliation Relationship:
     Beliau tidak memiliki hubungan afiliasi, keuangan,              He does not have any affiliated, financial, management, and
     kepengurusan, kekeluargaan dengan anggota Komite                family relationship with other members of the Information
     Teknologi Informasi lainnya, anggota Dewan Komisaris,           Technology Committee, members of the Board of
     anggota Direksi, serta Pemegang Saham Utama dan                 Commissioners, members of the Board of Directors, nor
     Pengendali.                                                     with Majority and Controlling Shareholders.




72        2023 Laporan Tahunan
                        Annual Report
Page 73
                                                                                                          Profil Perusahaan
                                                                                                                 Company Profile




Profil Kepala Audit Internal
Profile of Head of Internal Audit




                                                                        Maman Supriyatna
                                                                        Chief Audit Officer
                                                                        Chief Audit Officer



Warga Negara Indonesia, 51 tahun, berdomisili di Bekasi.        Indonesian Citizen, 51 years old, residing in Bekasi.

Dasar Hukum Penunjukkan:                                        Legal Basis of Appointment:
Surat Penunjukkan Pejabat Audit Internal PT Maybank             Letter of Appointment of PT Maybank Indonesia Finance’s
Indonesia Finance tanggal 04 Januari 2021.                      Internal Audit Officer dated January 4, 2021.

Riwayat Pendidikan:                                             Educational Background:
   • Sarjana Ekonomi jurusan Akuntansi dari Universitas            • Bachelor of Economics, majoring in Accounting from
      Persada Indonesia YAI, Jakarta (1995); dan                      University of Persada Indonesia YAI, Jakarta (1995);
                                                                      and
   •   Magister Manajemen dari Universitas Kristen Krida           • Master of Management from University of Kristen
       Wacana (2022).                                                 Krida Wacana (2022).

Sertifikasi:                                                    Certification:
Sertifikasi Pembiayaan Manajerial dari PT Sertifikasi Profesi   Managerial Financing Certification by PT Sertifikasi Profesi
Pembiayaan Indonesia (2021).                                    Pembiayaan Indonesia (2021).

Pengalaman Kerja:                                               Work Experience :
   • Staf Audit Kantor Akuntan Publik Robert Yogi (1996);         • Audit Staff at Public Accountant Firm Robert Yogi (1996);
      Beberapa posisi di Perseroan sebagai:                           Several positions at the Company as the followings:
   • Audit Internal (1996–2002);                                  • Internal Audit (1996-2002);
   • Administration Head Cabang Surabaya (2002–2007);             • Administration Head of Surabaya Branch (2002-
      dan                                                             2007); and
   • Administration Head Cabang Gading Auto Center                • Administration Head of Gading Auto Center (2007-
      (2007–2009).                                                    2009).




                                                                                                                                73
Page 74
     Profil Sekretaris Perusahaan
     Profile of Corporate Secretary

     Arief Soerendro
     Sekretaris Perusahaan
     Corporate Secretary

     Dasar Hukum Penunjukkan:                             Legal Basis of Appointment:
     Surat Keputusan No. SK.2021.001/PREDI-MIF tanggal    Decree No. SK.2021.001/PREDI-MIF dated February
     08 Februari 2021.                                    08, 2021.

     Profil lengkap Sekretaris Perusahaan dapat dilihat   Full profile of the Chairperson of Corporate Secretary
     pada Profil Direksi dalam Laporan Tahunan ini.       available in the Board of Directors’ Profiles section
                                                          of this Annual Report.


     Profil Pejabat Eksekutif
     Profile of Executive Officers




                                                          Warga Negara Indonesia, berusia 41 tahun, dan
                                                          berdomisili di Jakarta. Meraih gelar Sarjana Hukum
                                                          dari Universitas Trisakti pada tahun 2007 dan Magister
                                                          dari Universitas Kristen Krida Wacana pada tahun
                                                          2022. Bergabung dengan Perseroan sejak 2018.



                                                          Indonesian citizen, 41 years old, and residing in Jakarta.
                Hendra Satia Ditama                       He held his Bachelor of Laws from Trisakti University
                Legal Division Head                       in 2007 and Master of Management from Krida Wacana
                Legal Division Head                       Christian University in 2022. Joined the Company
                                                          since 2018.




                                                          Warga Negara Indonesia, berusia 41 tahun, dan
                                                          berdomisili di Jakarta. Meraih gelar Sarjana Sistem
                                                          Informasi dari Universitas Bina Nusantara pada tahun
                                                          2005 dan Magister dari Universitas Kristen Krida
                                                          Wacana pada Tahun 2022. Bergabung dengan
                                                          Perseroan sejak 2007.



                                                          Indonesian citizen, 41 years old, and domiciled in
               Ricky Hertanu                              Jakarta. Obtained a Bachelor's degree in Information
               Business Development Division Head         Systems from Bina Nusantara University in 2005 and
               Business Development Division Head         a Master's degree from Krida Wacana Christian
                                                          University in 2022. Joined the Company in 2007.




74       2023 Laporan Tahunan
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Page 75
                                                                             Profil Perusahaan
                                                                                   Company Profile




                                        Warga Negara Indonesia, berusia 50 tahun, dan
                                        berdomisili di Jakarta. Meraih gelar Sarjana Ekonomi
                                        dari Universitas Andalas pada tahun 1998. Bergabung
                                        dengan Perseroan sejak 2007.

Zahril
Internal Control Unit Department Head   Indonesian citizen, 50 years old, and residing in
Internal Control Unit Department Head   Jakarta. He held a Bachelor of Economics from Andalas
                                        University in 1998. Joined the Company in 2007.




                                        Warga Negara Indonesia, berusia 45 tahun, dan
                                        berdomisili di Jakarta. Meraih gelar Sarjana Akuntansi
                                        dari STIE Musi tahun 1999 dan Magister Manajemen
                                        dari Universitas Trisakti. Bergabung dengan Perseroan
                                        tahun 2010.



Anton                                   Indonesian citizen, 45 years old, and residing in
Fleet and Heavy Equipment &             Jakarta. He held a Bachelor of Accounting from STIE
Machinery Division Head                 Musi in 1999 and a Master’s Degree in Finance from
Fleet and Heavy Equipment &
                                        the University of Trisakti. Joined the Company in
Machinery Division Head
                                        2010.




                                                                                                75
Page 76
     Informasi Pemegang Saham
     Information on Shareholders

     KOMPOSISI PEMEGANG SAHAM                                    COMPOSITION OF SHAREHOLDERS


                                 Jumlah Saham
                                                                               Kepemilikan
      Pemegang Saham            (Lembar Saham)          Nilai Nominal                        Status Kepemilikan
                                                                                Ownership
        Shareholders              Total Shares            Par Value                           Ownership Status
                                                                                  (%)
                               (Number of Shares)

                                                      Per 1 Januari 2023
                                                     As of January 1, 2023
                                              Kepemilikan Mencapai 5% atau Lebih
                                                  Ownership to 5% or Above
     PT Bank Maybank                 32.369.999        32.369.999.000              99,99     Perseroan Terbatas
     Indonesia Tbk                                                                           (Pemegang Saham
                                                                                             Lokal)
                                                                                             Limited Liability
                                                                                             Company (Local
                                                                                             Shareholders)
                                                  Kepemilikan Kurang dari 5%
                                                     Ownership Below 5%
     Koperasi Karyawan                   1                  1.000                   0,01     Koperasi (Pemegang
     Bank Internasional                                                                      Saham Lokal)
     Indonesia                                                                               Cooperative (Local
     Employees                                                                               Shareholders)
     Cooperative of Bank
     Internasional
     Indonesia
     Total                           32.370.000        32.370.000.000              100,00
                                                     Per 31 Desember 2023
                                                    As of December 31, 2023
                                              Kepemilikan Mencapai 5% atau Lebih
                                                  Ownership to 5% or Above
     PT Bank Maybank                 32.369.999        32.369.999.000              99,99     Perseroan Terbatas
     Indonesia Tbk                                                                           (Pemegang Saham
                                                                                             Lokal)
                                                                                             Limited Liability
                                                                                             Company (Local
                                                                                             Shareholders)
                                                  Kepemilikan Kurang dari 5%
                                                     Ownership Below 5%
     Koperasi Karyawan                   1                  1.000                   0,01     Koperasi (Pemegang
     Bank Internasional                                                                      Saham Lokal)
     Indonesia                                                                               Cooperative (Local
     Employees                                                                               Shareholders)
     Cooperative of Bank
     Internasional
     Indonesia
     Total                           32.370.000        32.370.000.000              100,00




76       2023 Laporan Tahunan
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Page 77
                                                                                       Profil Perusahaan
                                                                                                Company Profile




KOMPOSISI PEMEGANG SAHAM                               COMPOSITION OF SHAREHOLDERS BY
BERDASARKAN STATUS KEPEMILIKAN                         OWNERSHIP STATUS


                                                           Jumlah Saham
                                                                                    Kepemilikan
          Uraian              Jumlah Pemegang Saham       (Lembar Saham)
                                                                                     Ownership
        Description              Total Shareholders         Total Shares
                                                                                       (%)
                                                         (Number of Shares)

Kepemilikan Institusi Lokal             2                    32.370.000                100,00
Local Institution Ownership
Kepemilikan Institusi Asing             -                        -                       -
Foreign Institution
Ownership
Kepemilikan Individu Lokal              -                        -                       -
Local Individual Ownership
Kepemilikan Individu Asing              -                        -                       -
Foreign Individual
Ownership
Total                                   2                   32.370.000                100,00


KOMPOSISI KEPEMILIKAN SAHAM                            COMPOSITION OF SHARE OWNERSHIP OF
DEWAN KOMISARIS DAN DIREKSI                            THE BOARD OF COMMISSIONERS AND THE
                                                       BOARD OF DIRECTORS

Hingga akhir tahun 2023, Dewan Komisaris dan Direksi   As of the end of 2023, the incumbent Board of
yang sedang menjabat tidak memiliki saham Perseroan    Commissioners and Board of Directors do not own
baik secara langsung maupun tidak langsung.            the Company’s shares directly and indirectly.




                                                                                                            77
Page 78
     Pemegang Saham Utama dan Pengendali
     Majority and Controlling Shareholders

     Berdasarkan komposisi kepemilikan saham per 31                         Based on the share ownership composition as of
     Desember 2023, Pemegang Saham Utama dan                                December 31, 2023, the Majority and Controlling
     Pengendali Perseroan adalah PT Bank Maybank                            Shareholders was PT Bank Maybank Indonesia Tbk
     Indonesia Tbk yang memiliki saham Perseroan                            that owned 99.99% of the Company’s shares with
     sebanyak 99,99% dengan informasi sebagai berikut:                      the following information:




     Amanah Raya Trustees        Citigroup Nominees               Permodalan                     Kumpulan Wang                       Investor Institusi dan
     Berhad (B/O: Amanah         (Tempatan) Sdn Bhd                Nasional                        Persaraan Di                          Ritel Lainnya
      Saham Bumiputera)            (B/O: Employees                  Berhad                        (Perbadankan)                      Other Institutional and
                                Provident Fund Board)                                                                                   Retail Investors

           30,12%                        12,71%                        6,76%                            5,02%                                45,39%




                                                               Malayan Banking Berhad




                     Sorak Financial              Maybank Offshore
                                                                                      Vital                        Masyarakat <5%
                    Holdings Pte. Ltd.            Corporate Services
                                                                                  Solution Fund                      Public <5%
                                                  (Labuan) Sdn Bhd


                         45,02%                        33,96%                           8,73%                            12,29%




                                                            PT Bank Maybank Indonesia Tbk




                        PT Maybank Indonesia Finance                                            PT Wahana Ottomitra Multiartha Tbk

                                  99,99%                                                                   67,49%




78        2023 Laporan Tahunan
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Page 79
                                                                                                                                              Profil Perusahaan
                                                                                                                                                       Company Profile




Struktur Korporasi
Corporate Structure

Berikut adalah struktur korporasi Perseroan per akhir                        Below is the Company’s corporate structure as of the
tahun 2023.                                                                  end of 2023.


     Amanah Raya Trustees       Citigroup Nominees                 Permodalan                     Kumpulan Wang                       Investor Institusi dan
     Berhad (B/O: Amanah        (Tempatan) Sdn Bhd                  Nasional                        Persaraan Di                          Ritel Lainnya
      Saham Bumiputera)           (B/O: Employees                    Berhad                        (Perbadankan)                      Other Institutional and
                               Provident Fund Board)                                                                                     Retail Investors

           30,12%                        12,71%                         6,76%                            5,02%                                45,39%




                                                                Malayan Banking Berhad




                     Sorak Financial               Maybank Offshore                    Vital                        Masyarakat <5%
                    Holdings Pte. Ltd.             Corporate Services              Solution Fund                      Public <5%
                                                   (Labuan) Sdn Bhd


                         45,02%                          33,96%                          8,73%                            12,29%




                                                             PT Bank Maybank Indonesia Tbk




                        PT Maybank Indonesia Finance                                             PT Wahana Ottomitra Multiartha Tbk

                                 99,99%                                                                     67,49%




                                 Sekuritas Indonesia
                        PT Maybank Sekuritas Indonesia

                                  15,00%




Informasi Grup Perusahaan
Information on The Company’s Group

Malayan Banking Berhad (Grup Maybank) didirikan                              Malayan Banking Berhad (Maybank Group) was
pada 31 Mei 1960 sebagai salah satu perusahaan jasa                          established on May 31, 1960, as one of the biggest
keuangan terbesar di Asia Tenggara yang berkantor                            financial services companies in Southeast Asia having
pusat di Kuala Lumpur, Malaysia. Grup Maybank                                it head office in Kuala Lumpur, Malaysia. The Maybank
memberikan berbagai layanan jasa keuangan, baik                              Group offers various financial services both commercial
konvensional maupun syariah dalam bentuk perbankan                           and sharia in the forms of bank, investment, and
komersial, investasi, dan asuransi.                                          insurance.




                                                                                                                                                                   79
Page 80
 Entitas Anak, Perusahaan Asosiasi, dan
 Perusahaan Ventura
 Subsidiary, Associated Company, and Joint Venture
 Hingga 31 Desember 2023, Perseroan tidak memiliki                 Until the end of December 31, 2023, the Company
 entitas anak, perusahaan asosiasi, dan perusahaan                 did not have any Subsidiary, associated company or
 ventura. Namun, Perseroan memiliki perusahaan                     joint venture. However, the Company has an affiliated
 afiliasi yang dijelaskan sebagai berikut:                         company as explained below:

                                                                   PT Maybank Sekuritas Indonesia
                                                                   Gedung Sentral Senayan III Lt. 22
                                                                   Jl. Asia Afrika No.8
       PERUSAHAAN AFILIASI
                                                                   Gelora Bung Karno, Senayan Jakarta, 10270
       AFFILIATED COMPANY                                          T : (6221) 8066 8500
                                                                   F : (6221) 8066 8501
                                                                   E : cs.indonesia@maybank.com
                                                                   W : www.maybank-ke.co.id


     Dasar Pendirian                        Didirikan dengan nama PT KES Sinar Mas Securities pada 21 Juni 1990. Pada tahun
     Basis of Establishment                 2013, berubah nama menjadi PT Maybank Kim Eng Securities. Kemudian pada 22
                                            Februari 2018 berubah nama kembali menjadi PT Maybank Kim Eng Sekuritas guna
                                            memenuhi peraturan Otoritas Jasa Keuangan dan telah disetujui oleh Menteri
                                            Hukum dan Hak Asasi Manusia Republik Indonesia melalui surat No. AHU-0004147.
                                            AH.01.02. Tahun 2018. Pada tahun 2021, PT Maybank Kim Eng Sekuritas melakukan
                                            penyelarasan nama brand dan entitasnya dengan Maybank sebagai master brand
                                            menjadi PT Maybank Sekuritas Indonesia.
                                            The Company was established in the name of PT KES Sinar Mas Securities on June
                                            21, 1990. In 2013 the name was changed to PT Maybank Kim Eng Securities. Further,
                                            on February 22, 2018 it was changed again to PT Maybank King Eng Sekuritas to
                                            meet the regulations of the Financial Services Authorities, and it has been approved
                                            by the Minister of Law and Human Rights of the Republic of Indonesia through a
                                            letter No. AHU- 0004147.AH.01.02 Year 2018. In 2021, PT Maybank Kim Eng Sekuritas
                                            aligned its brand name and entity with Maybank as the master brand to PT Maybank
                                            Sekuritas Indonesia.
     Tempat Kedudukan                       Jakarta
     Domicile
     Kepemilikan Saham                      15,00%
     Share Ownership
     Total Aset per 31 Desember 2023        Rp3,42 triliun Rupiah / trillion Rupiah
     Total Assets as of December 31, 2023
     Bidang Usaha                           Penjamin emisi dan perantara pedagang efek
     Business Sector                        Underwriter and securities broker
     Status Operasi                         Beroperasi sejak 21 Juni 1990
     Operational Status                     In operation since June 21, 1990
     Susunan Pengurus                       Dewan Komisaris
     Composition of the Management          Presiden Komisaris dan Komisaris Independen: I Nyoman Tjager
                                            Komisaris: Dato’ Abdul Hamid Bin SH Mohamed
                                            Komisaris: Deswandhy Agusman

                                            Direksi
                                            Direktur Utama : Wilianto
                                            Direktur: Azrul Azwar Bin Ab Latif
                                            Direktur: Wiwiek Susanto

                                            Board of Commissioners
                                            President Commissioner and Independent Commissioner: I Nyoman Tjager
                                            Commissioner: Dato ‘Abdul Hamid Bin SH Mohamed
                                            Commissioner: Deswandhy Agusman

                                            Board of Directors
                                            President Director: Wilianto
                                            Director: Azrul Azwar Bin Ab Latif
                                            Director: Wiwiek Susanto




80       2023 Laporan Tahunan
                       Annual Report
Page 81
                                                                                                      Profil Perusahaan
                                                                                                           Company Profile




Alamat Kantor Cabang dan Kantor Perwakilan
Addresses of Branch Offices and Representative Offices

                                                   Kantor Cabang
                                                    Branch Office

                                                  Nomor Izin      Tanggal
      Cabang/HO                                                                 Surat Pindah
                                 Alamat              OJK          Izin OJK                     Kode      Telepon
No.   Branch/Head     Area                                                        Transfer
                                 Address          Number of      Date of OJK                   Code       Phone
         Office                                                                  Certificate
                                                  OJK License      License

Kantor Pusat          HO     Wisma Eka Jiwa,      888/           22 Agustus     S-1067/        A2     021-62300088
Head Office                  10th Floor           KMK.013/1991   1991           MK.10/2010
                             Jalan Mangga         JO KEP-        August 22,
                             Dua Raya Jakarta     237/           1991
                             10730                KM.5/2005
 1.   Jakarta Pusat    A     Wisma Eka Jiwa,      KEP-440/       06 Juni                        A1    021-62300088
                             10th Floor           KM.10/2011     2011
                             Jalan Mangga                        June 6, 2011
                             Dua Raya Jakarta
                             10730
 2.   Batam            C     Komplek              KEP-127/       23 Agustus                     A1    077-451477
                             Pertokoan Citra      NB.111/2017    2017
                             Mas Blok C                          August 23,
                             Nomor 3, Baloi,                     2017
                             Batam
 3.   Aceh             C     Jalan Dr. Mr. H.     KEP-370/       24                             A1    0651-22466
                             Muhammad             NB.111/2018    September
                             Hasan, Kelurahan                    2018
                             Batoh,                              September
                             Kecamatan Lueng                     24, 2018
                             Bata, Banda Aceh
                             23245
 4.   Bandung          B     Jalan Naripan        KEP-106/       05 April       S-4287/        A3     022-20522689
                             No.72, Rt.05/04      KM.5/2006      2006           NB.111/2016
                             Kelurahan Kebon                     April 5,
                             Pisang,                             2006
                             Kecamatan
                             Sumur Bandung,
                             Bandung, Jawa
                             Barat
 5.   Karawang         C     Jalan Arteri         KEP-33/        05 April       S-2511/         A1    0267-8414468,
                             Karawang Barat       NB.111/2016    2006           NB.111/2020           0267-8414471,
                             Ruko                                April 5,                             0267-8414469
                             Dharmawangsa 2                      2006
                             Blok C No. 16,
                             Desa
                             Sukamakmur,
                             Kecamatan
                             Telukjambe
                             Timur, Kabupaten
                             Karawang, Jawa
                             Barat
 6.   Yogyakarta       B     Ruko Ambasador       KEP-287/       10             S1278/         A3     0274-6411607
                             Business Center,     NB.111.2021    November       NB.111/2016
                             Jalan Letjend                       2021,
                             Suprapto Nomor
                                                                 November
                             368 Blok B,
                             Kelurahan                           10, 2021
                             Pringgokusuman,
                             Kecamatan
                             Gedongtengen, Kota
                             Yogyakarta, Daerah
                             Istimewa
                             Yogyakarta, 55272




                                                                                                                       81
Page 82
                                                              Nomor Izin     Tanggal
            Cabang/HO                                                                       Surat Pindah
                                             Alamat              OJK         Izin OJK                      Kode      Telepon
     No.    Branch/Head        Area                                                           Transfer
                                             Address          Number of     Date of OJK                    Code       Phone
               Office                                                                        Certificate
                                                              OJK License     License

     7.     Denpasar             D      Jalan Gatot           KEP-029/      26 Februari     S-4212/        A2     0361-9093858
                                        Subroto Tengah        KM.10/2007    2007            NB.111/2019
                                        No. 279, Ruko No.                   February
                                        8, Denpasar, Bali                   26, 2007
     8.     Jambi                C      Jalan Prof. Dr. M.    KEP-54/       26 Januari      S-5505/        A2     0741-33330
                                        Yamin Rt. 19 No.      KM.10/2012    2012            NB.111/2018
                                        17C, Kelurahan                      January 26,
                                        Payo Lebar                          2012
     9.     Tangerang            A      Ruko Emerald          KEP-363/      21                              A1    021-22215810
            Selatan                     Evenue 2 Blok         NB.111/2018   September
                                        Eb/B 11, Bintaro                    2018
                                        Jaya, Kelurahan                     September
                                        Perigi, Kecamatan                   21, 2018
                                        Pondok Aren,
                                        Kota Tangerang
                                        Selatan Banten
     10.    Bogor                B      Jalan Raya            KEP-177/      26 Agustus                      A1    0251-8335962
                                        Pajajaran No. 20      KM.10/2008    2008
                                        (28 L), Rt. 001                     August 26,
                                        Rw. 005                             2008
                                        Kelurahan
                                        Bantarjati,
                                        Kecamatan Bogor
                                        Utara, Kota Bogor
     11.    Bandar               C      Trans Park            S-1532/       06 April                        A1
            Lampung                     Lampung No.           NB.111/2020   2011
                                        0000026, Jalan                      April 6, 2011
                                        Sultan Agung
                                        Nomor 283,
                                        Kawasan
                                        Transmart, Ruko
                                        Transpark No 61,
                                        Way Halim, Kota
                                        Bandar Lampung
     12.    Banjarmasin          D      Jalan A. Yani         KEP-313/      06 April                        A1    0511-4240270
                                        Kilometer 7600        KM.10/2011    2011
                                        No. 10, Rt.003/                     April 6, 2011
                                        Rw.001, Desa
                                        Kertak Hanyar Ii,
                                        Kecamatan
                                        Kertak Hanyar,
                                        Kabupaten Banjar
     13.    Samarinda            D      Jalan Ir. H. Juanda   KEP-439/      06 Juni         S-2904/        A2     0541-766840
                                        Komplek Ruko          KM.10/2011    2011            NB.111/2014
                                        Plaza Juanda Blok                   June 6, 2011
                                        B 29 Kelurahan
                                        Air Hitam,
                                        Kecamatan
                                        Samarinda Ulu,
                                        Samarinda




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                                                Nomor Izin     Tanggal
      Cabang/HO                                                              Surat Pindah
                                Alamat             OJK         Izin OJK                     Kode      Telepon
No.   Branch/Head   Area                                                       Transfer
                                Address         Number of     Date of OJK                   Code       Phone
         Office                                                               Certificate
                                                OJK License     License

14.   Cirebon        B     Ruko Cirebon         KEP-285/      10             S-5932/        A2     0231-8336094
                           Super Blok Berry     NB.111/2021   November       NB.111/2018
                           Green Nomor 22,                    2021
                           Jalan Dr. Cipto                    November
                           Mangunkusumo                       10, 2021
                           Nomor 26,
                           Kelurahan
                           Pekiringan,
                           Kecamatan
                           Kesambi, Kota
                           Cirebon, Provinsi
                           Jawa Barat, 45131
15.   Manado         D     Ruko Kawasan         KEP-441/      06 Juni                        A1    0431-840155
                           Mega Mas Blok C      KM.10/2011    2011
                           24-29, Jalan Piere                 June 6, 2011
                           Tendean Lingk I,
                           Kelurahan
                           Wenang Selatan,
                           Kecamatan
                           Wenang, Kota
                           Manado
16.   Padang         C     Jalan Ujung          KEP-56/       26 Januari     S-4698/        A3     0751-4481243
                           Gurun Nomor 154,     KM.10/2012    2012           NB.111/2017
                           Kelurahan Ujung                    January 26,
                           Gurun,                             2012
                           Kecamatan
                           Padang Barat,
                           Padang
17.   Pekanbaru      C     Jalan Soekarno       KEP-177/      26 Agustus     S-3441/        A3     0761-39333
                           Hatta Blok B/9       KM.10/2008    2008           NB.111/2020
                           dan B/10,                          August 26,
                           Kelurahan                          2008
                           Sidomulyo, Timur,
                           Kecamatan
                           Marpoyan Damai,
                           Pekanbaru, Riau
18.   Palembang      C     Jalan Letda A        KEP-048/      26 Maret       S-4701/        A3     0711-5626811
                           Rozak Komplek        KM.10/2008    2008           NB.111/2017
                           Ruko Taman                         March 26,
                           Harapan Indah                      2008
                           Blok A.1,
                           Kelurahan Duku,
                           Kecamatan Ilir
                           Timur Ii
                           Palembang
19.   Medan          C     Jalan Tengku         KEP-048/      26 Maret       S-725/         A3     061-6620811
                           Amir Hamzah No.      KM.10/2008    2008           NB.111/2016
                           41 A-B, Kelurahan                  March 26,
                           Sei Agul,                          2008
                           Kecamatan
                           Medan Barat,
                           Medan Sumatera
                           Utara




                                                                                                                    83
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                                                            Nomor Izin     Tanggal
            Cabang/HO                                                                    Surat Pindah
                                             Alamat            OJK         Izin OJK                     Kode      Telepon
     No.    Branch/Head        Area                                                        Transfer
                                             Address        Number of     Date of OJK                   Code       Phone
               Office                                                                     Certificate
                                                            OJK License     License

     20.    Makassar             D      Jalan Veteran       KEP-048/      26 Maret       S-2131/        A2     0411-3619901
                                        Utara nomor 250,    KM.10/2008    2008           NB.111/2022
                                        kelurahan lariang                 March 26,
                                        bangi, kecamatan                  2008
                                        makassar, kota
                                        makassar
     21.    Bekasi               A      Jalan Jend. A.      KEP-177/      26 Agustus     S-455/         A2     021-82425538
                                        Yani Bekasi         KM.10/2008    2008           MK.10/2011
                                        Square No. 68,                    August 26,
                                        Kel. Pekayon                      2008
                                        Jaya, Kec. Bekasi
                                        Selatan, Kota
                                        Bekasi
     22.    Jakarta Utara        A      Plaza Kelapa        KEP-106/      5 April        S-455/         A2     021-45865300
                                        Gading Blok.a No.   KM.5/2006     2006           MK.10/2011
                                        61-62, Jalan                      April 5,
                                        Boulevard Barat,                  2006
                                        Kelurahan Kelapa
                                        Gading Barat,
                                        Kecamatan
                                        Kelapa Gading,
                                        Kotamadya
                                        Jakarta Utara
     23.    Jakarta              A      Jalan Panglima      KEP-106/      5 April        S-141/         A2     021-7230302
            Selatan                     Polim Raya No.      KM.5/2006     2006           MK.10/2011
                                        44, Melawai,                      April 5,
                                        Kebayoran Baru,                   2006
                                        Jakarta Selatan
     24.    Surabaya             D      Jalan Jemur         KEP-106/      5 April        S-2157/        A2
                                        Handayani 36A &     KM.5/2006     2006           NB.111/2020
                                        36B, Kelurahan                    April 5,
                                        Siwalankerto,                     2006
                                        Kecamatan
                                        Wonocolo, Kota
                                        Surabaya
     25.    Semarang             B      Jalan Anjasmoro     KEP-106/      5 April        S-468/         A2     024-7615751
                                        Raya No. 41-A,      KM.5/2006     2006           MK.10/2011
                                        Kelurahan                         April 5,
                                        Karangayu,                        2006
                                        Kecamatan
                                        Semarang Barat,
                                        Semarang
     26.    Bekasi II            A      Perum Citra         KEP-32/       5 April 2016   S-363/         A2     021-29062519
                                        Grand R11/1,        NB.111/2016   April 5,       NB.111/2019
                                        Kelurahan                         2016
                                        Jatisampurna,
                                        Kecamatan
                                        Jatisampurna,
                                        Bekasi, Jawa
                                        Barat




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                                                  Nomor Izin     Tanggal
      Cabang/HO                                                                Surat Pindah
                                  Alamat             OJK         Izin OJK                     Kode      Telepon
No.   Branch/Head     Area                                                       Transfer
                                  Address         Number of     Date of OJK                   Code       Phone
         Office                                                                 Certificate
                                                  OJK License     License

27.   Jakarta Barat    A     Jalan Kampung        KEP-333/      05 Juli 2012                   A1    021-29424670
                             Kedoya Rt.19/        KM.10/2012    July 5, 2012
                             Rw.10, Kelurahan
                             Kedoya Selatan,
                             Kecamatan
                             Kebon Jeruk,
                             Kota Jakarta
                             Barat (Ruko
                             Graha Arteri Mas,
                             Kav 41 Jl Panjang
                             Nomor 68,
                             Jakarta Barat)
28.   Depok            A     Jalan M. Yusuf       KEP-435/      17                             A1    021-29441373
                             Raya Rt/             NB.111/2014   Desember
                             Rw.002/022                         2014
                             Kelurahan                          December
                             Mekarjaya,                         17, 2014
                             Kecamatan
                             Sukmajaya, Kota
                             Depok
29.   Tangerang        A     Jalan Jalur Sutera   KEP-286/      10             S-621/         A2     021-29670142
                             Timur 16a Nomor      NB.111.2021   November       NB.11/2014
                             19-20, Kelurahan                   2021
                             Kunciran,                          November
                             Kecamatan                          10, 2021
                             Pinang, Kota
                             Tangerang,
                             Provinsi Banten,
                             15155
30.   Pangkalpinang    C     Jalan Soekarno       KEP-380/      31 Oktober                     A1    0717-437392
                             Hatta, Kelurahan     NB.111/2018   2018
                             Semabung Raya,                     October 31,
                             Kec. Girimaya,                     2018
                             Kota
                             Pangkalpinang
                                                         SPU
1.    Cikarang         A     Ruko Roxy Blok B     S-1277/       7 Maret                        A1    021-89912131
                             No. 25 Jl. Mh        NB.111/2017   2017
                             Thamrin, Kel.                      March 7,
                             Cibatu, Kel.                       2017
                             Cikarang Selatan,
                             Bekasi
2.    Cilegon          A     Ruko Serang City     S-5321/       23             S-5505/        A2     0254-7914998
                             Blok Ra No. 15       NB.111/2016   Desember       NB.111/2018
                             Drangong, Serang                   2016
                             Barat, Banten                      December
                                                                23, 2016
3.    Lombok           D     Jl. Tumpang Sari,    S-5321/       23                             A1    0370-628155
                             Lingkungan           NB.111/2016   Desember
                             Karang Siluman                     2016
                             Utara, Kelurahan                   December
                             Cakranegara                        23, 2016
                             Timur, Kecamatan
                             Cakranegara,
                             Kota Mataram




                                                                                                                      85
Page 86
                                                              Nomor Izin     Tanggal
            Cabang/HO                                                                     Surat Pindah
                                             Alamat              OJK         Izin OJK                    Kode      Telepon
     No.    Branch/Head        Area                                                         Transfer
                                             Address          Number of     Date of OJK                  Code       Phone
               Office                                                                      Certificate
                                                              OJK License     License

     4.     Gorontalo            D      Gedung Maybank        S-5321/       23                            A1    0435- 827 003
                                        Lantai 3, Jl. Nani    NB.111/2016   Desember
                                        Wartabone No. 32                    2016
                                        B-C, Gorontalo                      December
                                                                            23, 2016
     5.     Jember               D      Jl. Mojopahit No.     S-5321/       23                            A1    0331- 483556
                                        23, Kel.              NB.111/2016   Desember
                                        Sempusari, Kec.                     2016
                                        Kaliwates, Jember                   December
                                                                            23, 2016
     6.     Palangkaraya         D      JL. Yos Sudarso       S-5321/       23            S-1266/         A1    0536-3224287
                                        Kecamatan Jekan       NB.111/2016   Desember      NB.111/2022
                                        Raya Kelurahan                      2016
                                        Menteng Blok No.                    December
                                        01 Kota                             23, 2016
                                        Palangkaraya
     7.     Duri                 C      Jl. Hang Tuah, No.    S-5321/       23                            A1    0765-560670
                                        474-B, Rt/Rw.         NB.111/2016   Desember
                                        002/005,                            2016
                                        Kelurahan Air                       December
                                        Jamban,                             23, 2016
                                        Kecamatan
                                        Mandau,
                                        Kabupaten
                                        Bengkalis, Riau
     8.     Aceh                        Jalan Dr. Mr. H.      S-3335/       16
                                        Muhammad              NB.111/2021   September
                                        Hasan, Kelurahan                    2021
                                        Batoh,                              September
                                        Kecamatan Lueng                     16, 2021
                                        Bata, Banda Aceh
                                        23245
     9.     Malang               D      Jalan Ahmad Yani                                                 A2     0341-358560
                                        B-3, Kelurahan
                                        Purwodadi,
                                        kecamatan
                                        Blimbing, Malang,
                                        Jawa Timur
     10.    Surakarta            B      Jalan Ir. Soekarno,                                              A2     0271-734312
                                        Kelurahan
                                        Madegondo,
                                        Kecamatan
                                        Grogol,
                                        Sukoharjo, Blok
                                        B-23




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                                                  Nomor Izin       Tanggal
       Cabang/HO                                                                   Surat Pindah
                                    Alamat           OJK           Izin OJK                       Kode      Telepon
No.    Branch/Head    Area                                                           Transfer
                                    Address       Number of       Date of OJK                     Code       Phone
          Office                                                                    Certificate
                                                  OJK License       License

 11.   Balikpapan      D     Jalan Jenderal                                                       A2     0542-744279
                             Sudirman
                             Kompleks
                             Pertokoan
                             Balikpapan
                             Permai Blok B No.
                             640 Rt.015,
                             Kelurahan Damai,
                             Kecamatan
                             Balikpapan
                             Selatan,
                             Balikpapan,
                             Kalimantan Timur




Lembaga dan Profesi Penunjang Pasar Modal
Capital Market Supporting Institutions and Professions

Lembaga Profesi                                                                                           Biaya
                           Nama               Alamat        Jasa yang Diberikan       Periode
  Professional                                                                                             Fee
                           Name               Address        Services Provided         Period
   Institution                                                                                            (Rp)

Akuntan Publik      KAP Purwantono,      Indonesia          Audit atas laporan          2023      Rp315.000.000
Public              Sungkoro & Surja     Stock              keuangan. Tidak ada
Accountant                               Exchange           jasa non audit yang
                                         Building           diberikan.
                                         Tower 2 Lt. 7
                                         Jl. Jend.          Audit on financial
                                         Sudirman Kav.      statements. There
                                         52-53 Jakarta,     was no non-audit
                                         12190              services provided.
Lembaga             Fitch Ratings        DBS Tower Lt.      Pemeringkatan               2023      Rp130.000.000
Pemeringkat         Indonesia            24 Jl. Prof. DR.   korporasi dan
Rating Agency                            Satrio Kav. 3-5    obligasi-obligasi
                                         Jakarta, 12940     yang diterbitkan
                                                            Perseroan.
                                                            Ratings of corporate
                                                            and bonds issued by
                                                            the Company.




                                                                                                                          87
Page 88
 Akses Informasi Perusahaan
 Access of The Company’s Information

 Perseroan menyediakan akses informasi bagi      The Company provides information access for its
 Pemegang Saham dan pemangku kepentingan untuk   Shareholders and stakeholders to obtain more
 mendapatkan informasi lebih lanjut melalui:     information through the following:




                                        Arief Soerendro
                                        Sekretaris Perusahaan
                                        Corporate Secretary




                                        Wisma Eka Jiwa Lt. 10
                                        Jl. Mangga Dua Raya, Mangga Dua Selatan,
                                        Jakarta, 10730




                                        T 			           : (021) 6230 0088
                                        F 			           : (021) 6230 0099
                                        Call Center     : 0804 1168 811
                                        SMS Center      : 0818 0216 8811




                                        Email   : legal@maybankfinance.co.id
                                        Website : www.maybankfinance.co.id




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                                                                                              Company Profile




Informasi pada Website Perusahaan
Information on The Company’s Website




Sesuai dengan Peraturan Otoritas Jasa Keuangan       In accordance with the regulation of the Financial
No.8/POJK.04/2015 tentang Situs Web Emiten atau      Services Authority No.8/POJK.04/2015 on the Website
Perusahaan Publik, Perseroan telah memuat berbagai   of Issuers or Public Companies, the Company has
informasi pada website dalam Bahasa Indonesia.       provided information on its website in Indonesian
Beberapa informasi yang disajikan dalam website      language. Information provided in the Company’s
Perseroan antara lain sebagai berikut:               website is as follows:
   1. Profil;                                            1. Profile;
   2. Hubungan Investor;                                 2. Investor Relations;
   3. Produk;                                            3. Products;
   4. Berita;                                            4. News;
   5. Info Pembiayaan;                                   5. Financing Information;
   6. Karir;                                             6. Career;
   7. Kontak; dan                                        7. Contact; and
   8. Reservasi Online.                                  8. Online Reservation.

Website Perusahaan dapat diakses melalui www.        The Company’s website can be accessed through
maybankfinance.co.id.                                www.maybankfinance.co.id.




                                                                                                          89
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Page 91
PENDUKUNG
    BISNIS
  Business Support
Page 92
     Sumber Daya Manusia
     Human Resources

     Maybank Finance berkomitmen untuk menciptakan        Maybank Finance is committed to promoting a positive
     lingkungan kerja yang positif dan memberikan         work environment and providing opportunities for
     kesempatan untuk pertumbuhan diri dan profesional    personal and professional growth for all employees.
     bagi seluruh karyawan. Perseroan senantiasa          the Company is dedicated to upholding the highest
     menjunjung tinggi standar integritas dan keadilan    standards of integrity and fairness in all aspects of
     dalam semua aspek kegiatan kerja.                    the employee experience.

     Maybank Finance memprioritaskan keberagaman,         Maybank Finance prioritizes diversity, equality, and
     kesetaraan, dan inklusi dalam pengelolaan Sumber     inclusion in managing its human resources. The
     Daya Manusia (SDM) yand dimiliki. Perseroan          Company offers competitive compensation and
     menawarkan skema kompensasi dan tunjangan yang       benefits packages to attract and retain top talent, as
     kompetitif untuk menarik dan mempertahankan          well as ongoing training and development opportunities
     talenta terbaik, serta memberikan kesempatan         to support the career growth of its employees.
     pelatihan dan pengembangan yang berkesinambungan
     untuk mendukung pertumbuhan karir karyawan.

     Perseroan selalu terbuka untuk menangani masalah     The Company is always open to address any employee
     karyawan dan memberikan panduan mengenai             concerns and provide guidance on company policies
     kebijakan dan prosedur perusahaan. Maybank Finance   and procedures. Maybank Finance is proud to be an
     bangga menjadi perusahaan pilihan dan berkomitmen    employer of choice and is dedicated to maintaining
     untuk menciptakan tempat kerja yang membuat          a workplace where all employees feel valued, respected,
     seluruh karyawan merasa dihargai, dihormati, dan     and challenged to achieve their best.
     tertantang untuk mencapai yang terbaik.

     STRUKTUR ORGANISASI SDM                              HUMAN RESOURCES ORGANIZATIONAL
                                                          STRUCTURE

                                         Human Resources and General
                                            Affairs Division Head




                                               Human Resources
                                               Department Head




                 HRIS & Administration                                      Recruitment and
                      Supervisor                                           Training Supervisor




                       HRIS &
                                                            Recruitment Staff                 Training Staff
                  Administration Staff




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PENGEMBANGAN ORGANISASI SDM                                HUMAN RESOURCES ORGANIZATIONAL
                                                           DEVELOPMENT
Perseroan secara berkelanjutan melakukan berbagai          The Company continuously taking various initiatives
inisiatif dalam melakukan pengembangan organisasi          to develop its human resources organization for
SDM guna memastikan tercapainya tujuan perusahaan.         ensuring the achievement of the Company’s goals.
Adapun pengembangan organisasi yang dilakukan              Meanwhile, the organizational development is carried
Perseroan melalui hal-hal berikut:                         out by the Company through the following aspects:

   1. Internship                                              1. Internship
      Program internship merupakan program                       The internship program is a collaboration
      kerjasama Perseroan dengan universitas swasta              program between the Company and private
      di Jakarta. Program ini memberikan kesempatan              universities in Jakarta. This program provides
      bagi mahasiswa untuk memiliki pengalaman                   an opportunity for students to have work
      bekerja di Maybank Finance. Program ini juga               experience at Maybank Finance. This program
      merupakan salah satu program Perseroan                     is also one of the Company's programs to
      untuk mempersiapkan future leader yang                     prepare competent future leaders.
      kompeten.

      Maybank Finance memberikan kesempatan                      Maybank Finance provides opportunities for
      kepada peserta internship untuk menjadi                    internship participants to become employees
      karyawan di Maybank Finance.                               at Maybank Finance.

   2. Merdeka Belajar - Kampus Merdeka (MBKM)                 2. Merdeka Belajar - Kampus Merdeka (MBKM)
      MBKM adalah sebuah terobosan yang dibuat                   MBKM is an innovation created by the Ministry
      oleh Kementerian Pendidikan, Kebudayaa,                    of Education, Culture, Research and Technology
      Riset dan Teknologi dalam mentransformasi                  to transform the higher education system in
      sistem pendidikan tinggi di Indonesia untuk                Indonesia to generate graduates who are more
      menghasilkan lulusan yang lebih kompeten                   competent in both soft skills and hard skills.
      baik dari soft skill maupun hard skill. Salah satu         One of the programs in MBKM is Magang dan
      program dalam MBKM adalah Magang dan                       Studi Independen Bersertifikat (MSIB). Maybank
      Studi Independen Bersertifikat (MSIB). Maybank             Finance participates in this program by providing
      Finance turut berpartisipasi dalam program                 an internship program for students to provide
      tersebut dengan menyediakan program                        work experience and develop soft and hard
      internship bagi mahasiswa untuk memberikan                 skills.
      pengalaman kerja dan pengembangan soft
      skill dan hard skill.

   3. Gamification Learning                                   3. Gamification Learning
      Salah satu bentuk e-learning yang digunakan                One of e-learning forms used by the HR
      oleh bagian SDM dalam meningkatkan kesadaran               department in increasing employee awareness
      karyawan terkait proses bisnis di Perseroan,               related to business processes in the Company,
      melalui metode yang tidak membosankan yaitu                through a method that is not boring, namely
      e-learning yang dilengkapi dengan konsep                   e-learning equipped with a game concept. In
      permainan. Di tahun 2023, Maybank Finance                  2023, Maybank Finance changed the game
      mengubah topik permainan, melakukan                        topic, making improvements to the interface
      peningkatan tampilan yang lebih sederhana dan              that is simpler and easier to use by all employees.
      mudah digunakan oleh semua karyawan. Jenis                 The game type for 2023 is a car simulation
      permainan untuk tahun 2023 adalah permainan                game that goes through obstacles under the
      simulasi mobil yang melewati rintangan dengan              name "City Car".
      nama "City Car".




                                                                                                                       93
Page 94
 STRATEGI PENGEMBANGAN                                      HR DEVELOPMENT STRATEGY IN 2023
 SDM TAHUN 2023
 Dalam rangka membangun budaya inovasi guna                 In order to build a culture of innovation to encourage
 mendorong produktivitas dari kinerja individu, tim,        productivity from individual, team, and organizational
 dan organisasi, serta menindaklanjuti program design       performance, as well as to follow up on the design
 thinking yang sudah berjalan sebelumnya, maka              thinking program that has been running previously,
 Perusahaan mencoba untuk lebih fokus pada kualitas         the Company tries to focus more on the quality of
 inovasi melalui penyelenggaraan kompetisi inovasi          innovation through organizing innovation competitions
 bagi karyawan pada program Innovation Award.               for employees in the Innovation Award program.

 Program Innovation Award adalah program pemberian          The Innovation Award Program is an award program
 award kepada karyawan yang memberikan ide inovasi          for employees who provide innovation ideas to the
 kepada perusahaan, Ide inovasi tersebut harus memiliki     company, the innovation ideas must have Growth,
 nilai Growth, Excellence, dan Efficiency di setiap ide     Excellence, and Efficiency values in each innovation
 inovasinya sejalan dengan nilai-nilai Perusahaan.          idea aligned with the Corporate values.
 Terdapat beberapa tahapan pada Program Innovation          There are several stages in the Innovation Award
 Award diantaranya:                                         Program including:
     1. Tahap Awal : Mengumpulkan ide inovasi untuk            1. Pre Activity Stage: Collect innovation ideas to
        membangun kesadaran dari karyawan dan                      build awareness from employees and problems
        masalah atau isu-isu di pekerjaan sebagai                  or issues at work as material for innovation.
        bahan inovasi.
     2. Tahap Kompetisi : Masing-masing departemen             2. Competition Stage: Each department selects
        memilih dan mengusulkan ide inovasi yang                  and proposes innovation ideas that represent
        mewakili setiap departemennya. Ide inovasi                each department. Innovation ideas from 18
        dari 18 kelompok perwakilan masing-masing                 groups representing each department will be
        departemen akan diuji dan diseleksi pada level            tested and selected at the Division Head level.
        Division Head. Division Head akan memilih ide             The Division Head will select the best innovation
        inovasi terbaik yang selanjutnya akan diuji dan           idea which will then be tested and selected at
        diseleksi pada level Direksi. Selanjutnya Direksi         the Board of Directors level. Furthermore, the
        akan menentukan ide inovasi tebaik yang akan              Board of Directors will determine the best
        diumumkan pada acara Annual Conference                    innovation idea that will be announced at the
        2024. Selanjutnya 13 ide inovasi terbaik dalam            Annual Conference 2024. Furthermore, the 13
        program ini yang akan diimplementasikan,                  best innovation ideas in this program will be
        dengan harapan dapat meningkatkan                         implemented, with the hope of increasing work
        produktivitas dan efisiensi kerja.                        productivity and efficiency.




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                                                                                                  Business Support




PENGELOLAAN SDM                                        HUMAN RESOURCES MANAGEMENT
Pengelolaan SDM yang dilakukan Perseroan berfokus      Human Resources management of the Company
pada 4 (empat) faktor yang ditunjukkan sebagai         focuses on 4 (four) factors as shown below:
berikut:




                                                 01
                                           Recruit Right




                             04                                        02
                           Reward                                   Perform
                            Right                                    Right




                                                 03
                                          Develop Right




Rekrutmen (Recruit/Retain Right)                       Recruitment (Recruit/Retain Right)

Perseroan memberikan kesempatan kerja yang sama        The Company provides equal employment opportunities
kepada setiap orang dan tidak membedakan perlakuan     for everyone and does not treat partially based on
berdasarkan jenis kelamin, suku, ras, ataupun agama.   gender, race, or religion. This is aligns with the
Hal ini menjadi bagian dari komitmen Perseroan untuk   Company's commitment to achieve Sustainable
mencapai Tujuan Pembangunan Berkelanjutan (TPB)        Development Goals (SDG) No. 8 Decent Work and
No. 8 Pekerjaan Layak dan Pertumbuhan Ekonomi          Economic Growth with the aim of promoting inclusive
dengan tujuan meningkatkan pertumbuhan ekonomi         and sustainable economic growth, productive and
yang inklusif dan berkelanjutan, kesempatan kerja      comprehensive employment opportunities, and decent
yang produktif dan menyeluruh, serta pekerjaan yang    work for all genders, ages, persons with disabilities,
layak untuk semua jenis kelamin, usia, penyandang      and equal pay for work of equal value. The process
disabilitas, dan upah yang sama untuk pekerjaan yang   of employees’ recruitment consists of 2 methods,
bernilai sama. Pelaksanaan proses rekrutmen karyawan   namely:
menggunakan 2 metode, yaitu:
   1. Sumber Internal                                     1. Internal Sourcing
        Rekrutmen dengan memberikan kesempatan               Recruitment by providing opportunities for
        kepada karyawan internal yang sesuai dengan          internal employees who meet the company's
        kriteria perusahaan dan memberikan                   criteria and providing opportunities for interns
        kesempatan bagi peserta magang untuk menjadi         to become employees at Maybank Finance.
        karyawan di Maybank Finance.




                                                                                                                95
Page 96
     2. Sumber Eksternal                                    2. External Sourcing
        Rekrutmen dilaksanakan melalui berbagai                The recruitment is conducted through various
        bentuk di antaranya melalui kerja sama dengan          methods including collaboration with universities
        perguruan tinggi (campus hiring) dan job fair.         (campus hiring) and Job Fair. Job opportunities
        Pemasangan iklan lowongan kerja dilakukan              advertisement placement are conducted
        melalui kanal media sosial, media cetak, media         through social media, printed media, electronic
        elektronik, dan juga pemasangan iklan lowongan         media channels and also job opportunity
        kerja di wilayah kantor beroperasi.                    advertisement placement in the operating
                                                               office area.

 Pada tahun 2023, Perseroan telah merekrut sebanyak      In 2023, the Company has recruited 300 new employees
 300 karyawan baru dengan berbagai latar belakang        with various backgrounds of gender, education, and
 jenis kelamin, pendidikan, dan pengalaman untuk         experience to be placed in various positions in the
 ditempatkan di berbagai posisi di kantor-kantor         Company's offices spread across Indonesia with the
 Perseroan yang tersebar di Indonesia dengan tingkat     majority education level is Bachelor.
 pendidikan mayoritas adalah Sarjana.

 Pengelolaan Kinerja (Perform Right)                     Performance Management (Perform Right)

 Perseroan menerapkan sistem penilaian kinerja           The Company implements an employee performance
 karyawan melalui Key Performance Indicators (KPI)       appraisal system through Key Performance Indicators
 yang dievaluasi secara rutin setiap tahunnya. KPI       (KPI) which is evaluated regularly every year. The
 tersebut akan dinilai berdasarkan indikator-indikator   KPIs will be assessed based on indicators that have
 yang telah ditetapkan dan disepakati untuk karyawan     been determined and agreed for employees at the
 di awal tahun. Hasil penilaian tersebut menjadi salah   beginning of the year. The assessment results will
 satu faktor dalam menentukan program pelatihan          become a basis in determining the training and
 dan pengembangan karyawan, penghargaan,                 development programs of employees, rewards,
 remunerasi, serta promosi jabatan.                      remuneration, and job promotion.

 Pengembangan (Develop Right)                            Development (Develop Right)

 Perseroan telah menyediakan serangkaian kegiatan        The Company has provided a range of continuous
 pelatihan dan pengembangan di bidang SDM yang           training and development on Human Resources that
 dilakukan secara berkesinambungan bagi seluruh          done continuously to all employees at various levels
 karyawan dari berbagai tingkatan jabatan guna           of positions in order to improve employees’ knowledge
 meningkatkan kompetensi karyawan sesuai dengan          and skills according to their respective needs. The
 kebutuhannya masing-masing. Berbagai program            Training and Development Program is participated
 pelatihan dan pengembangan tersebut diikuti oleh        by 4,819 participants during 2023.
 4.819 peserta selama tahun 2023.

 Selain itu, Perseroan memiliki program beasiswa         In addition, the Company has a scholarship program
 sebagai bentuk untuk meningkatkan kompetensi            as a form of improving employee competence. This
 karyawan. Program ini sudah berjalan dari tahun         program has been running since 2020 and to date,
 2020 dan sampai saat ini, terdapat 47 karyawan yang     there are 47 employees who have received scholarships
 menerima beasiswa pendidikan Sarjana (S1) dan           for undergraduate (S1) and postgraduate (S2)
 Pasca Sarjana (S2). Dari jumlah tersebut, 39 karyawan   education. Of these, 39 employees who received
 penerima beasiswa sudah lulus dan 8 karyawan masih      scholarships have graduated and 8 employees are
 dalam masa pendidikan.                                  still in the education period.

 Berikut daftar jumlah peserta program pelatihan dan     The following is a list of the number of participants
 pengembangan yang dilaksanakan pada tahun 2023.         in the training and development program to be
                                                         implemented in 2023.




96    2023 Laporan Tahunan
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                                                                                                  Pendukung Bisnis
                                                                                                         Business Support




       Nama Pelatihan /           Jumlah                                                               Biaya
      Seminar / Workshop          Peserta      Tempat            Tanggal        Penyelenggara        Pelatihan
No
       Name of Training /       Number of       Venue              Date           Organizer           Cost of
      Seminar / Workshop        Participants                                                          Training

1    Webinar “Outlook                4          Daring     10 Januari 2023     OJK ( Otoritas       Rp
     Industri Jasa Keuangan                     Online     January 10, 2023    Jasa Keuangan )     -
     di Tahun 2023”


2    Training : Binus               33          Daring     18 Januari 2023     Universitas Bina     Rp
     Knowledge Sharing                          Online     January 18, 2023    Nusantara           -
     Data Science & Big Data
     Analysis

3    KM : Sosialisasi               186         Daring     20 Januari 2023     PT Maybank           Rp
     E-learning Gamification                    Online     January 20, 2023    Indonesia           -
     City Car                                                                  Finance


4    Training Basic Sharia          49          Daring     25 Januari 2023     Muamalat             Rp
     Multifinance                               Online     January 25, 2023    Institute           24,700,000
5    Webinar IT Audit                1          Daring     26 Januari 2023     Dilatih insight      Rp
     Professional                               Online     January 26, 2023                        -
6    Sosialisasi SEOJK 30/           2          Daring     31 Januari 2023     APPI ( Asosiasi      Rp
     SEOJK.05/2022 dan                          Online     January 31, 2023    Perusahaan          -
     SEOJK 31/                                                                 Pembiayaan
     SEOJK.05/2022                                                             Indonesia)
7    Seminar Nasional :              1          Luring     31 Januari 2023     APPI ( Asosiasi     Rp
     Tantangan Pembiayaan                       Offline    January 31, 2023    Perusahaan          3,330,000
     di Tengah Tahun Politik                   (Jakarta)                       Pembiayaan
                                                                               Indonesia)
8    Webinar Implementasi            6          Daring     02 Februari 2023    OJK ( Otoritas       Rp
     Artificial Intelligence                    Online     February 02, 2023   Jasa Keuangan )     -
     (AI) di Industri Jasa
     Keuangan


9    Training Online :               3          Daring     07 Februari 2023    Prospero             Rp
     Perlindungan                               Online     February 07, 2023   Solutions           10,193,878
     Konsumen dan
     Masyarakat di Sektor
     Jasa Keuangan
10   Training Microsoft Excel       20          Daring     08 Februari 2023    Mahaka Institute     Rp
     for Advance and                            Online     February 08, 2023                       24,975,000
     Professional
11   Workshop : Internal &           2          Luring     08-09 Februari      APPI ( Asosiasi     Rp
     External Dispute                           Offline    2023                Perusahaan          8,880,000
     Resolution di Industri                    (Jakarta)   February 08 - 09,   Pembiayaan
     Pembiayaan                                            2023                Indonesia)
12   Webinar Idea Talks              2          Daring     09 Februari 2023    OJK ( Otoritas       Rp
     Volume 3 dengan tema                       Online     February 09, 2023   Jasa Keuangan )     -
     “Scaling Up SMEs
     through Digitalization
     and Social Function”


13   Training Marketing I :         191         Daring     11 Februari 2023    PT Maybank           Rp
     The Marketing Strategy                     Online     February 11, 2023   Indonesia           -
     : The Way to Win The                                                      Finance
     Market




                                                                                                                      97
Page 98
             Nama Pelatihan /           Jumlah                                                                Biaya
            Seminar / Workshop          Peserta       Tempat            Tanggal          Penyelenggara      Pelatihan
     No
             Name of Training /       Number of        Venue              Date             Organizer         Cost of
            Seminar / Workshop        Participants                                                           Training

     14    Webinar : Memperkuat            1           Daring     16 Februari 2023      OJK ( Otoritas     Rp
           Literasi dan Inklusi                        Online     February 16, 2023     Jasa Keuangan )   -
           Keuangan Syariah


     15    Pendidikan Khusus               2           Daring     25 Februari - 11      Universitas        Rp
           Profesi Advokat                             Online     Maret 2023            Pancasila         10,000,000
           ( PKPA )                                               February 25 - March
                                                                  11, 2023
     16    Webinar : Prospek               1           Daring     02 Maret 2023         OJK ( Otoritas     Rp
           Insurtech di Indonesia                      Online     March 02, 2023        Jasa Keuangan )   -
     17    Training Teamwork &            388          Luring     02 Maret 2023         PT Maybank         Rp
           Character Building for                      Offline    March 02, 2023        Indonesia         2,785,311,334
           Employee                                   (Jakarta)                         Finance
     18    Sertifikasi : CERTIFIED         1           Daring     04 Maret - 13 Mei     UKRIDA             Rp
           HUMAN CAPITAL                               Online     2023                  ( Universitas     7,143,763
           PROFESSIONAL                                           March 04 - May 13,    Kristen Krida
           (CHCP)                                                 2023                  Wacana ) &
                                                                                        Pungki Purnadi
                                                                                        Academy
     19    Training Leadership for         13          Luring   03 - 06 Maret 2023      PT Maybank        Rp
           Leader                                      Offline  March 03 - 06, 2023     Indonesia         392,156,154
                                                     (Hongkong)                         Finance
     20    Training Certified              1           Luring     04 - 05 Maret 2023    Pungki Purnadi    Rp
           General Affair                              Offline    March 04 - 05, 2023   Academy           3,000,000
           Professional ( CGAP )                      (Jakarta)
     21    Training Kompetensi             2           Daring     09 - 10 Maret 2023    Indonesia         Rp
           Aspek Legalitas dan                         Online     March 09 - 10, 2023   Competency        5,102,041
           Analisa Kredit Sindikasi                                                     Center (ICC)

     22    Training Marketing II :        156          Daring     04 Maret 2023         PT Maybank
           Produk Syariah                              Online     March 04, 2023        Indonesia
                                                                                        Finance
     23    Training Karyawan Baru          1           Luring     13 - 17 Maret 2023    PT Maybank        Rp
                                                       Offline    March 13 - 17, 2023   Indonesia         4,590,059
                                                     (Makassar)                         Finance
     24    Acara Pembukaan                 3           Daring     16 Maret 2023         PT Bursa Efek      Rp
           Perdagangan dalam                           Online     March 16, 2023        Indonesia (IDX    -
           rangka : IFC and IDX                                                         News)
           ESG Collaboration
           Launch Event and ESG
           Leadership Training


     25    Training Marketing III :       193          Daring     18 Maret 2023         PT Maybank         Rp
           Refreshment Produk                          Online     March 18, 2023        Indonesia         -
           Marketing                                                                    Finance
     26    KM : Menjadi Manusia           103          Daring     24 Maret 2023         PT Maybank         Rp
           yang Proaktif                               Online     March 24, 2023        Indonesia         -
                                                                                        Finance
     27    Training Online :               1           Daring     29 - 30 Maret 2023    PT Johnson        Rp
           Interpersonal                               Online     March 29 - 30, 2023   Indonesia         5,000,000
           Communication Skill &
           Assertiveness




98        2023 Laporan Tahunan
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                                                                                                   Pendukung Bisnis
                                                                                                          Business Support




       Nama Pelatihan /           Jumlah                                                                Biaya
      Seminar / Workshop          Peserta      Tempat            Tanggal          Penyelenggara       Pelatihan
No
       Name of Training /       Number of       Venue              Date             Organizer          Cost of
      Seminar / Workshop        Participants                                                           Training

28   Webinar : Pemanfaatan           5          Daring     30 Maret 2023         OJK ( Otoritas      Rp
     Analisis Big Data dalam                    Online     March 30, 2023        Jasa Keuangan )    -
     Meningkatkan Kinerja
     Industri Jasa Keuangan

29   Sertifikasi Pembiayaan          1          Luring     31 Maret 2023         PT Sertifikasi      Rp
     Komisaris                                  Offline    March 31, 2023        Profesi            7,104,000
                                               (Jakarta)                         Pembiayaan
                                                                                 Indonesia
30   Undangan Knowledge              3          Daring     31 Maret 2023         OJK ( Otoritas      Rp
     Sharing Mengenai                           Online     March 31, 2023        Jasa Keuangan )    -
     Memahami dan
     Mencegah Fraud dan
     Tindak Pidana di Bidang
     Usaha Jasa Pembiayaan
31   Training Online - Dr.          82          Daring     03 April 2023         PT Maybank          Rp
     Rajen                                      Online     April 03, 2023        Indonesia          -
                                                                                 Finance
32   Knowledge Sharing              82          Daring     03 April 2023         PT Maybank          Rp
     Bersama Bp Arthur                          Online     April 03, 2023        Indonesia          -
                                                                                 Finance
33   Training Sertifikasi ISO        15         Daring     04 - 05 April 2023    PT CBQA             Rp
     27001                                      Online     April 04 - 05, 2023   GLOBAL             22,200,000
                                                                                 INDONESIA
34   Training Marketing IV :       206          Daring     08 April 2023         PT Maybank          Rp
     Manajemen Resiko                           Online     April 08, 2023        Indonesia          -
                                                                                 Finance
35   Creative Problem                1          Daring     10 - 11 April 2023    Value Consult      Rp
     Solving                                    Online     April 10 - 11, 2023                      3,644,314
36   Webinar Sosialisasi             1          Daring     11 April 2023         Dewan Standar       Rp
     buletin implementasi                       Online     April 11, 2023        Ikatan Akuntan     -
     DSAK IAI                                                                    Indonesia
                                                                                 (DSAK IAI)
37   Stress Management               2          Daring     12 - 13 April 2023    Value Consult       Rp
                                                Online     April 12 - 13, 2023                      7,142,857
38   Training Online :               1          Daring     13 - 14 April 2023    PT Johnson         Rp
     Maintaining High                           Online     April 13 - 14, 2023   Indonesia          5,000,000
     Performance
39   KM : Penambahan Fitur          170         Daring     17 April 2023         PT Maybank          Rp
     Upgrade Asuransi pada                      Online     April 17, 2023        Indonesia          -
     Menu Aksesku                                                                Finance


40   Training Online :               1          Daring     17 - 18 April 2023    Golden Regency     Rp
     Emotional Freedom                          Online     April 17 - 18, 2023   Consulting         3,607,500
     Technique (EFT)
41   Training Marketing V :         205         Daring     06 Mei 2023           PT Maybank          Rp
     Ilmu Negoisasi, Problem                    Online     May 06, 2023          Indonesia          -
     Solving                                                                     Finance
42   Reinventing Financial           6          Daring     10 Mei 2023           Ingenuous           Rp
     Crime Prevention                           Online     May 10, 2023                             -
     2023- Fraud and
     Compliance Trends and
     Challenges




                                                                                                                       99
Page 100
              Nama Pelatihan /           Jumlah                                                                 Biaya
             Seminar / Workshop          Peserta       Tempat              Tanggal         Penyelenggara      Pelatihan
      No
              Name of Training /       Number of        Venue                Date            Organizer         Cost of
             Seminar / Workshop        Participants                                                            Training

      43    Webinar "Peluang                1           Daring       11 Mei 2023          OJK ( Otoritas     Rp
            Metaverse di Industri                       Online       May 11, 2023         Jasa Keuangan )   -
            Jasa Keuangan"
      44    Award Malayan Banking           5            Luring      12 - 14 Mei 2023     Malayan Banking    Rp
            Berhad                                      Offline      May 12 - 14, 2023    Berhad            17,133,890
                                                      ( Malaysia )
      45    Webinar : Fundamental           1           Daring       16 Mei 2023          OJK ( Otoritas     Rp
            of Wealth Management                        Online       May 16, 2023         Jasa Keuangan )   -


      46    Pelatihan Akuntansi             2           Daring       20 Mei 2023          Unlock             Rp
            Nasional Efektif Teknik                     Online       May 20, 2023                           -
            Untuk Internal Audit


      47    Training Basic                  1           Daring       20 - 21 Mei 2023     ID Networkers      Rp
            Penetration Testing                         Online       May 20 - 21, 2023                      1,530,612
      48    Cohort M25+UP Part 1            6           Luring       23 - 26 Mei 2023     Malayan Banking   Rp
                                                        Offline      May 23 -26, 2023     Berhad            43,659,750
                                                      (Malaysia )
      49    Seminar Nasional                1           Luring       06 Juni 2023         APPI (Asosiasi    Rp
            dengan topik Era Baru                       Offline      June 06, 2023        Perusahaan        3,330,000
            Industri Pembiayaan                        (Jakarta)                          Pembiayaan
                                                                                          Indonesia)

      50    Undangan Peserta Aktif          2           Daring       07 Juni 2023         APPI (Asosiasi     Rp
            Workshop Hasil Kajian                       Online       June 07, 2023        Perusahaan        -
            Penarikan Paksa                                                               Pembiayaan
            Kendaraan Bermotor                                                            Indonesia)
            Akibat Kredit Macet


      51    Training Marketing VI :        221          Daring       10 Juni 2023         PT Maybank         Rp
            Pendekatan ke Dealer                        Online       June 10, 2023        Indonesia         -
                                                                                          Finance
      52    Webinar : Mengenal              1           Daring       22 Juni 2023         OJK ( Otoritas     Rp
            Lebih Jauh Pengaturan                       Online       June 22, 2023        Jasa Keuangan )   -
            UU P2SK Dalam Rangka
            Penguatan Sektor
            Perbankan
      53    Training Marketing VII :       194          Daring       24 Juni 2023         PT Maybank         Rp
            Cara Dealing dengan                         Online       June 24, 2023        Indonesia         -
            Customer dan Sales                                                            Finance


      54    KM : Penggunaan Fitur          159          Daring       04 Juli 2023         PT Maybank         Rp
            Whatsapp Sebagai                            Online       July 04, 2023        Indonesia         -
            Media Informasi                                                               Finance


      55    Training : Peran Audit          2           Luring       12 - 13 Juli 2023    IAIB ( Ikatan     Rp
            Intern Masa Depan                           Offline      July 12 - 13, 2023   Auditor Intern    9,183,673
            Dalam Industri Jasa                        (Jakarta)                          Bank)
            Keuangan
      56    Cohort M25+UP Part 2            3           Luring       24 - 27 Juli 2023    Malayan Banking    Rp
                                                        Offline      July 24 - 27, 2023   Berhad            22,493,500
                                                      (Malaysia )




100        2023 Laporan Tahunan
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                                                                                                   Pendukung Bisnis
                                                                                                          Business Support




       Nama Pelatihan /           Jumlah                                                                Biaya
      Seminar / Workshop          Peserta      Tempat            Tanggal          Penyelenggara       Pelatihan
No
       Name of Training /       Number of       Venue              Date             Organizer          Cost of
      Seminar / Workshop        Participants                                                           Training

57   Webinar Pentingnya              2          Daring     02 - 03 Agustus       TalentSpace.Id     Rp
     Hubungan Industrial                        Online     2023                                     555,000
     Pasca Omnibus Law UU                                  July 02 - 03, 2023
     Cipta Kerja No 6 Tahun
     2023
58   Webinar : Bongkar               4          Daring     05 Agustus 2023       One HRP             Rp
     Habis 3 Topik Paling                       Online     August 05, 2023                          -
     Top Hubungan
     Industrial : PKWTT &
     PKWT, ALIH DAYA, PHK
     dari One CHRP
59   Coaching for The Best           2          Luring     08 Agustus 2023       PT Bank             Rp
     Talent                                     Offline    August 08, 2023       Maybank            -
                                               (Jakarta)                         Indonesia Tbk
60   Training Online :               4          Daring     10 Agustus 2023       PT Bank             Rp
     Manager As Coach                           Online     August 10, 2023       Maybank            -
     2023                                                                        Indonesia Tbk
61   Mini Workshop :                 1          Daring     12 Agustus 2023       Dilatih.insight     Rp
     Certified Internal Audit                   Online     August 12, 2023                          750,000
     Professional
62   CISA Review Course              1          Daring     19 Agustus - 07       Pusat Ilmu          Rp
     Term 2                                     Online     Oktober 2023          Komputer           20,645,791
                                                           August, 19 -          Universitas
                                                           October 07, 2023      Indonesia
63   Workshop dalam                  2          Luring     22 - 25 Agustus       OJK ( Otoritas     Rp
     Kegiatan Training                          Offline    2023                  Jasa Keuangan )    4,657,558
     Keuangan                                  (Jakarta)   August 22 - 25,
     Berkelanjutan Batch 2                                 2023
     Tahun 2023
64   Training Online : Data          3          Daring     24 - 26 Agustus       PT Pandawa         Rp
     Protection Officer                         Online     2023                  Laboratorium       8,999,999
     (DPO)                                                 August 24 -26, 2023   Teknologi
65   Leadership in Changing          1          Daring     24 Agustus 2023       OJK ( Otoritas      Rp
     Atmosphere                                 Online     August 24, 2023       Jasa Keuangan )    -


66   Seminar Pengalihan              2          Luring     25 Agustus 2023       APPI (Asosiasi     Rp
     dan Pengakuan                              Offline    August 25, 2023       Perusahaan         5,550,000
     Sertifikasi Manajemen                     (Jakarta)                         Pembiayaan
     Risiko                                                                      Indonesia)
67   KM : Pembuatan                 140         Daring     25 Agustus 2023       PT Maybank          Rp
     Platform Portal                            Online     August 25, 2023       Indonesia          -
     Pengaduan Konsumen                                                          Finance
     PT Maybank Indonesia
     Finance


68   Webinar : Enhancing             12         Daring     31 Agustus 2023       OJK ( Otoritas      Rp
     Financial Performance                      Online     August 31, 2023       Jasa Keuangan )    -
     Through Analytics Data




                                                                                                                      101
Page 102
              Nama Pelatihan /          Jumlah                                                             Biaya
             Seminar / Workshop         Peserta      Tempat            Tanggal         Penyelenggara     Pelatihan
      No
              Name of Training /      Number of       Venue              Date            Organizer        Cost of
             Seminar / Workshop       Participants                                                        Training

      69    Workshop Pra-Ijtima'           1          Luring     07 September 2023    Dewan Syariah      Rp
            Sanawi (Annual                            Offline    September 07, 2023   Nasional          1,500,000
            Meeting) DPS VIII Tahun                  (Jakarta)                        – Majelis Ulama
            2023 Bidang                                                               Indonesia (DSN
            Pembiayaan, Modal                                                         MUI)
            Ventura, Pergadaian
            dan Inovasi Teknologi
            Sektor Keuangan (ITSK)
            Syariah
      70    Training Metodologi            2          Luring     19 - 20 September    Infobank           Rp
            dan Perhitungan Fund                      Offline    2023                                   15,000,000
            Transfer Pricing (FTP)                   (Jakarta)   September 19 - 20,
            (dilengkapi dengan                                   2023
            perhitungan excel)
      71    KM : Survey Kepuasan          148         Daring     26 September 2023    PT Maybank         Rp
            Debitur                                   Online     September 26, 2023   Indonesia         -
                                                                                      Finance
      72    Training Marketing :          205         Daring     07 Oktober 2023      PT Maybank         Rp
            Manajemen Resiko                          Online     October 07, 2023     Indonesia         -
                                                                                      Finance
      73    Undangan Forum                 2          Offline    12 Oktober 2023      OJK ( Otoritas     Rp
            Penguatan Audit                          (Jakarta)   October 12, 2023     Jasa Keuangan )   -
            Internal Sektor
            Perasuransian,
            Penjaminan, Dana
            Pensiun, Lembaga
            Pembiayaan,
            Perusahaan Modal
            Ventura, dan Lembaga
            Jasa Keuangan Lainnya
      74    Ijtima' Sanawi (Annual         2          Luring     13 - 14 Oktober      Dewan Syariah      Rp
            Meeting) DPS XIX                          Offline    2023                 Nasional          -
            Tahun 2023                               (Jakarta)   October 13 - 14,     – Majelis Ulama
                                                                 2023                 Indonesia (DSN
                                                                                      MUI)
      75    Training Marketing :          232         Daring     14 Oktober 2023      PT Maybank         Rp
            Produk Syariah                            Online     October 14, 2023     Indonesia         -
                                                                                      Finance
      76    Seminar Outlook 2024 :         2          Luring     18 Oktober 2023      Infobank           Rp
            Business Analytics and                    Offline    October 18, 2023                       -
            Artifical Intelligence                   (Jakarta)
            Driving Change in
            Business Banking and
            Finance
      77    CHRO Series 2023               1          Luring     18 Oktober 2023      HRM ASIA           Rp
                                                      Offline    October 18, 2023                       -
                                                     (Jakarta)
      78    Webinar "Managing              1          Daring     19 Oktober 2023      OJK ( Otoritas     Rp
            Environmental, Social                     Online     October 19, 2023     Jasa Keuangan )   -
            and Governance Risk
            and Opportunities "
      79    Konferensi Nasional            1          Luring     19 Oktober 2023      IKAI ( Ikatan     Rp
            Komite Audit 2023                         Offline    October 19, 2023     Komite Audit      3,061,224
                                                     (Jakarta)                        Indonesia )




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                                                                                                 Pendukung Bisnis
                                                                                                        Business Support




       Nama Pelatihan /          Jumlah                                                               Biaya
      Seminar / Workshop         Peserta      Tempat           Tanggal         Penyelenggara        Pelatihan
No
       Name of Training /      Number of       Venue             Date            Organizer           Cost of
      Seminar / Workshop       Participants                                                          Training

80   AI is Shaking Up the           2          Luring     25 Oktober 2023     Linkedin             Rp
     Workplace : The Role of                   Offline    October 25, 2023                        -
     L&D in Shaping the                       (Jakarta)
     AI-driven Workforce"
81   KM : Ide untuk Sistem         154         Daring     25 Oktober 2023     PT Maybank           Rp
     Pencatatan                                Online     October 25, 2023    Indonesia           -
     Pembayaran Secara                                                        Finance
     Otomatis
82   Training Certified             1          Daring     28 Oktober 2023     Dilatih.insight      Rp
     Information Technology                    Online     October 28, 2023                        750,000
     Audit
83   Training Marketing            207         Daring     01 November 2023    PT Maybank           Rp
     Pendekatan ke Dealer                      Online     November 01, 2023   Indonesia           -
                                                                              Finance
84   Undangan Partisipasi           1          Luring     02 November 2023    Sunedu.id            Rp
     dalam Edutech Insight                     Offline    November 02, 2023                       -
     2023                                     (Jakarta)
85   DataOn Humanica’s 13th         2          Luring     02 November 2023    Dataon               Rp
     Annual HR Conference                      Offline    November 02, 2023                       -
     2023                                     (Jakarta)
86   Workshop Design and           30          Luring     07 - 08 November    Pungki Purnadi      Rp
     Implement Productivity                    Offline    2023                Associates          41,025,641
     Analysis based on                        (Jakarta)   November 07 - 08,
     Business Process Model                               2023


87   Champion Inclusion             1          Daring     09 November 2023    Harvard Business     Rp
                                               Online     November 09, 2023   Publishing          -


88   Webinar “How to Drive          1          Daring     09 November 2023    OJK ( Otoritas       Rp
     Corporate Performance                     Online     November 09, 2023   Jasa Keuangan )     -
     through Accounting
     Practices”


89   Training Marketing            217         Daring     09 November 2023    PT Maybank           Rp
     Gambaran kekuatan                         Online     November 09, 2023   Indonesia           -
     pesaing, mengambil                                                       Finance
     pasar kompetitor, cara
     bersaing dengan
     leasing lain di dealer
90   Year End Networking            2          Luring     16 November 2023    Dealls Indonesia     Rp
     Dinner                                    Offline    November 16, 2023                       -
                                              (Jakarta)
91   Workshop BINUS                 2          Luring     29 November 2023    Universitas Bina     Rp
     Professional Connect                      Offline    November 29, 2023   Nusantara           -
     2023: “Embrace                           (Jakarta)
     Innovation to Reskill
     and Upskill for the
     Future”
92   Undangan Dialog Akhir          1          Luring     04 Desember 2023    OJK ( Otoritas       Rp
     Tahun Dewan                               Offline    December 04, 2023   Jasa Keuangan )     -
     Komisioner OJK dan                       (Jakarta)
     Industri Jasa Keuangan
93   Training Marketing Ilmu       160         Daring     06 Desember 2023    PT Maybank           Rp
     negosiasi, problem                        Online     December 06, 2023   Indonesia           -
     solving                                                                  Finance




                                                                                                                    103
Page 104
               Nama Pelatihan /          Jumlah                                                              Biaya
              Seminar / Workshop         Peserta      Tempat           Tanggal         Penyelenggara       Pelatihan
      No
               Name of Training /      Number of       Venue             Date            Organizer          Cost of
              Seminar / Workshop       Participants                                                         Training

      94     Enhancing ESG Through          1          Daring     07 Desember 2023    OJK ( Otoritas      Rp
             Best Practices in                         Online     December 07, 2023   Jasa Keuangan )    -
             Accounting


      95     Volunteer Orang Tua            4          Luring     08 Desember 2023    PT Bank             Rp
             Asuh                                      Offline    December 08, 2023   Maybank            -
                                                      (Jakarta)                       Indonesia Tbk
      96     Undangan Blue Club             1          Luring     12 Desember 2023    UNICEF              Rp
             Brunch 2023 tema                          Offline    December 12, 2023   Indonesia          -
             Inspirasi Dunia Usaha                    (Jakarta)
             yang Ramah Keluarga
      97     Transforming HR : The          1          Luring     14 Desember 2023    WIR Group           Rp
             Impact of AI &                            Offline    December 14, 2023                      -
             Blockchain                               (Jakarta)
      98     Webinar : Mastering            9          Daring     14 Desember 2023    OJK ( Otoritas      Rp
             Yourself : Optimalkan                     Online     December 14, 2023   Jasa Keuangan )    -
             Potensi dan Tingkatkan
             Kinerja di Era Digital
             Confirmation


      99     Training Marketing            217         Daring     14 Desember 2023    PT Maybank          Rp
             Refreshment produk                        Online     December 14, 2023   Indonesia          -
             marketing                                                                Finance
      100    Basic Awareness                1          Daring     21 Desember 2023    GNIK ( Gerakan      Rp
             Tentang Ai Dan                            Online     December 21, 2023   Nasional           -
             Blockchain Serta                                                         Indonesia
             Peluang                                                                  Kompeten )
             Pemanfaatannya Pada
             Human Capital
             Managemenet
      101    KM : Media Kolaborasi         157         Daring     22 Desember 2023    PT Maybank          Rp
             Antara Business                           Online     December, 22 2023   Indonesia          -
             Development                                                              Finance
             Departemen &
             Marketing Departemen
      102    Kegiatan Risk and              1          Luring     30 Desember 2023    OJK ( Otoritas      Rp
             Governance Summit                         Offline    December, 30 2023   Jasa Keuangan )    -
             (RGS) 2023                               (Jakarta)
      103    Workshop Program              44                     Maret - November    PT Mitra Cipta      Rp
             Innovation                                           2023                Talenta            137,640,000
                                                                  March - November
                                                                  2023
      104    Program Innovation            38                     Maret - November    PT Maybank         Rp
             Award                                                2023                Indonesia          38,500,000
                                                                  March - November    Finance
                                                                  2023
      105    Renewal Membership             1          Daring     Desember 2023       The Institute of   Rp
             IIA Indonesia                             Online     December 2023       Internal Auditor   850,000
                                                                                      Indonesia (IIA
                                                                                      Indonesia)
      106    Employee Assessment           13          Daring     Januari - Agustus   PT Bipi Talenta    Rp
                                                       Online     2023                Indonesia          8,556,122
                                                                  January - August
                                                                  2023




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         Nama Pelatihan /           Jumlah                                                                      Biaya
        Seminar / Workshop          Peserta          Tempat            Tanggal         Penyelenggara          Pelatihan
 No
         Name of Training /       Number of           Venue              Date            Organizer             Cost of
        Seminar / Workshop        Participants                                                                 Training

 107   Program Sarjana S1              1             Daring     Desember 2023         Universitas Nusa    Rp
                                                     Online     December 2023         Mandiri             940,000
 108   Sertifikasi Pembiayaan         32             Daring     Januari - Desember    PT Sertifikasi       Rp
       Penagihan dan                                 Online     2023                  Profesi             57,720,000
       Manajerial                                               January - December    Pembiayaan
                                                                2023                  Indonesia
              TOTAL                  4.819                                                                Rp
                                                                                                          3,777,113,660


Remunerasi (Reward Right)                                       Remuneration (Reward Right)

Perseroan melaksanakan pengkajian dan evaluasi                  The Company performs review and evaluation on the
atas kebijakan terkait pemberian kompensasi sebagai             policy related to provision of compensation as an
upaya meningkatkan kesejahteraan karyawan.                      effort to improve the employees’ welfare. This
Kebijakan pemberian kompensasi ini disesuaikan                  compensation policy is made pursuant to applicable
dengan peraturan perundang-undangan yang berlaku                laws and regulations and adjusted with respective
dan disesuaikan dengan fungsi serta peran masing-               function and roles based on performance assessment
masing berdasarkan hasil penilaian kinerja yang telah           result conducted before.
dilakukan sebelumnya.

Perseroan menggunakan struktur kompensasi 3P                    The Company uses a 3P compensation structure,
yakni Pay for Position, Pay for Person, dan Pay for             namely Pay for Position, Pay for Person, and Pay for
Performance. Pay for Position merupakan penetapan               Performance. Pay for Position is the determination
kompensasi berdasarkan posisi atau jabatannya baik              of compensation based on the position or position
dari sisi tingkat senioritas jabatan maupun job value           both in terms of the seniority level of the position
dari posisinya. Pay for Person menetapkan kompensasi            and the job value of the position. Pay for Person
berdasarkan kedalaman skill, kemampuan atau                     determines compensation based on the depth of skill,
keahlian, dan kompetensi setiap karyawan berasarkan             ability or expertise, and competence of each employee
sistem evaluasi kompetensi karyawan yang objektif.              based on an objective employee competency evaluation
Pay for Performance merupakan pemberian kompensasi              system. Pay for Performance is the provision of
berdasarkan kemampuan untuk mencapai atau                       compensation based on the ability to achieve or
melampaui target yang ditetapkan.                               exceed the targets set.

Komposisi Karyawan Berdasarkan Tingkat Jabatan
Employee Composition by Position Level
                                   2023                                2022                            2021
  Tingkat Jabatan
   Position Level        Jumlah                               Jumlah                        Jumlah
                                              %                                  %                               %
                          Total                                Total                         Total

 Kepala Divisi              10               1,10               9             1,06             9                 1,12
 Head of Division
 Kepala                     58               6,38              55             6,45             54               6,69
 Departemen /
 Cabang
 Head of
 Department /
 Branch Manager
 Supervisor                 143              15,73             137            16,06            131              16,23




                                                                                                                           105
Page 106
                                             2023                     2022                        2021
       Tingkat Jabatan
        Position Level             Jumlah                    Jumlah                    Jumlah
                                                      %                        %                           %
                                    Total                     Total                     Total

      Staf                             698          76,79     652            76,44      613              75,96
      Staff
      Jumlah                           909          100,00    853            100,00     807              100,00
      Total

  Komposisi Karyawan Berdasarkan Tingkat Pendidikan
  Employee Composition by Education Level

          Tingkat                            2023                     2022                        2021
         Pendidikan               Jumlah                     Jumlah                    Jumlah
       Education Level                                %                        %                           %
                                   Total                      Total                     Total

      S2/S3                            45            4,95      42             4.92       17               2,11
      Master’s / Doctoral
      Degree
      S1                               623          68,54     571            66.94      515              67,53
      Bachelor’s Degree
      Diploma                          127          13,97      115           13.48      105               13,01
      SMA                              114          12,54     125            14.65      140              17,35
      Senior High School
      Jumlah                           909          100,00    853            100,00     807              100,00
      Total


  Komposisi Karyawan Berdasarkan Status Kepegawaian
  Employee Composition by Employment Status
           Status                            2023                     2022                        2021
        Kepegawaian
        Employment                Jumlah                     Jumlah                    Jumlah
                                                      %                        %                           %
           Status                  Total                      Total                     Total

      Kontrak                          595          65,46     534             62,60     486              60,22
      Contract
      Tetap                            314          34,54      319            37,40      321              39,78
      Permanent
      Jumlah                           909          100,00    853            100,00      807             100,00
      Total

  Komposisi Karyawan Berdasarkan Usia
  Employee Composition by Age
                                             2023                     2022                        2021
               Usia
               Age                 Jumlah                    Jumlah                     Jumlah
                                                      %                         %                           %
                                    Total                     Total                      Total

      > 55 tahun                        -            0,00        -             0,00           -           0,00
      years old
      45-55 tahun                      60            6,60       50             5,86       42               5,20
      years old
      35-44 tahun                      202           22,22     212             24,85     216              26,77
      years old




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                                  2023                              2022                             2021
          Usia
          Age           Jumlah                          Jumlah                           Jumlah
                                              %                                    %                            %
                         Total                           Total                            Total

 25-34 tahun                503              55,34          475              55,69        438                54,28
 years old
 17-24 tahun                144              15,84          116               13,60           111             13,75
 years old
 Jumlah                     909          100,00             853              100,00       807                100,00
 Total

Komposisi Karyawan Berdasarkan Jenis Kelamin
Employee Composition by Gender
                              2023                                2022                              2021
 Jenis Kelamin
    Gender          Jumlah                           Jumlah                            Jumlah
                                         %                                  %                                 %
                     Total                            Total                             Total

 Pria                 751            82,62            698                  81,83        671                 83,15
 Male
 Wanita               158            17,38            155                  18,17        136                 16,85
 Female
 Jumlah              909             100,00           853                100,00         807                 100,00
 Total


Pengembangan Karir                                       Career Development

Untuk meningkatkan kinerja karyawan dan                  To improve employee performance and implement
melaksanakan kaderisasi kepemimpinan, Perseroan          leadership regeneration, the Company provides career
memberikan program pengembangan karir bagi               development programs for competent employees.
karyawan yang kompeten. Setiap karyawan memiliki         Every employee has the same opportunity in terms
kesempatan yang sama dalam hal pengembangan              of career development, and the Company applies a
karir, dan Perseroan menerapkan proses yang selektif     selective process in order to achieve the goal of
agar dapat mencapai tujuan untuk membangun SDM           building quality human resources.
yang berkualitas.

Pada tahun 2023, Perseroan telah melaksanakan            In 2023, the Company carried out the career
pengembangan karir kepada 60 karyawan dengan             development to 60 employees in various positions
berbagai posisi

Tingkat Perputaran Karyawan (Turnover)                   Employees Turnover

Sepanjang tahun 2023, tingkat perputaran karyawan        Throughout 2023, the Company's employee turnover
Perseroan 7,97%, dibandingkan dengan tingkat             rate was 7.97%, compared to employee turnover rate
perputaran karyawan di industri yang sama yakni          in the same industry of 16.63% (source: Willis Towers
sebesar 16,63% (sumber: Willis Towers Watson Salary      Watson Salary Survey Indonesia 2023).
Survey Indonesia 2023).

Kebijakan Anti Diskriminasi                              Anti-Discrimination Policy

Perseroan senantiasa menjunjung tinggi asa kesetaraan    The Company always upholds the principle of equality
serta menerapkan kebijakan anti diskriminasi bagi        and adopts the anti discrimination policy, applies to
setiap karyawan sesuai dengan prinsip-prinsip tata       every employee in accordance with the principles of
kelola perusahaan yang baik. Penerapan prinsip           good corporate governance. The implementation of




                                                                                                                        107
Page 108
  tersebut berlandaskan pada ketentuan Undang-             these principles is based on the Law No. 21 of 1999
  Undang No. 21 tahun 1999 tentang Pengesahan              concerning Ratification of the ILO Convention on
  Konvensi ILO mengenai Diskriminasi dalam Pekerjaan       Discrimination in Employment and Occupation and
  dan Jabatan serta Undang-Undang No. 13 tahun 2003        the Law No. 13 of 2003 concerning Manpower. The
  tentang Ketenagakerjaan. Penerapan kebijakan anti-       implementation of anti-discrimination policy provides
  diskriminasi ini menjadi dasar Perseroan berinteraksi    the basis for the Company to interact with its employees
  dengan karyawan dalam rangka menciptakan                 in creating harmonious industrial relations.
  hubungan industrial yang harmonis.

  Strategi Pengembangan SDM 2024                           Human Resources Development in 2024

      1. Gamification Learning                                1. Gamification Learning
         Maybank Finance terus melakukan evaluasi                Maybank Finance continues to evaluate and
         dan inovasi atas pengaplikasian gamification            innovate on the application of gamification
         yang rencananya di tahun 2024 akan                      which is planned in 2024 to add game topics
         menambahkan topik permainan dimana                      where previously only with cars then added
         sebelumnya hanya dengan mobil maka                      with heavy equipment and machinery.
         ditambahkan dengan alat berat dan mesin.

      2. Internship                                           2. Internship
         Program ini merupakan upaya dalam mendukung             This program is an effort to support the
         program kampus merdeka yang bertujuan                   independent campus program which aims to
         untuk meningkatkan kompetensi lulusan, baik             improve the competence of graduates, both
         soft skills maupun hard skills, agar lebih siap         soft skills and hard skills, to be more prepared
         dan relevan dengan kebutuhan zaman, dan                 and relevant to the needs of the times, and
         menyiapkan lulusan sebagai pemimpin masa                prepare graduates as future leaders of the
         depan bangsa yang unggul dan berkepribadian.            nation who are superior and have personality.

         Program ini merupakan kerjasama antara                  This program is a collaboration between
         Maybank Finance dengan beberapa Universitas             Maybank Finance and several universities in
         di Jadetabek, di mana program ini dipusatkan            Jadetabek, where this program is centered on
         pada Divisi Marketing dan Divisi Fleet, Heavy           the Marketing Division and Fleet, Heavy
         Equipment & Machinery.                                  Equipment & Machinery Division.

         Tahun 2023 terdapat 25 mahasiswa/i yang                 In 2023 there were 25 students who participated
         mengikuti program internship dan pada tahun             in the internship program and in 2024, Maybank
         2024, Maybank Finance membuka kesempatan                Finance opened opportunities for 30 students
         bagi 30 mahasiswa/i untuk mengikuti program             to take part in the internship program.
         internship.

      3. Recruitment Online                                   3. Online Recruitment
         Pada tahun 2024, Maybank Finance berupaya               In 2024, Maybank Finance seeks to improve
         meningkatkan efisiensi dan efektivitas dalam            efficiency and effectiveness in the recruitment
         proses rekrutmen dengan mengembangkan                   process by developing Robotic Process
         Robotic Process Automation (RPA) atas tahapan           Automation (RPA) for recruitment stages that
         rekrutmen yang masih dilakukan secara manual.           are still carried out manually.

      4. Innovation Award II                                  4. Innovation Award II
         Dalam rangka menjaga budaya inovasi dan                 In order to maintain a culture of innovation
         memperbaiki proses kerja berkelanjutan,                 and improve sustainable work processes, the
         Perseroan melanjutkan program inovasi kedua.            Company continued its second innovation
                                                                 program.




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5. Beasiswa Karyawan                                  5. Employee Scholarship
   Pada tahun 2024, Maybank Finance akan                 In 2024, Maybank Finance will open scholarship
   membuka kesempatan beasiswa bagi karyawan.            opportunities for employees.
   Pemberian beasiswa ini diharapkan dapat               The scholarship is expected to encourage the
   mendorong peningkatkan kinerja dan                    improvement of employee performance and
   produktivitias karyawan baik secara individu          productivity both individually and in teams,
   maupun tim, sehingga dapat memberikan                 thus contributing to sustainable performance
   kontribusi terhadap pertumbuhan kinerja secara        growth for the Company.
   berkelanjutan kepada Perseroan.

6. Kamus Kompetensi Maybank Finance                   6. Maybank Finance Competency Dictionary
   Dalam melakukan identifikasi kompetensi               In identifying employee competencies, Maybank
   karyawan, Maybank Finance menggunakan                 Finance uses an internal competency dictionary
   kamus kompetensi internal yang digabungkan            combined with the HR competency dictionary
   dengan kamus kompetensi SDM Perusahaan                for Financing Companies from OJK. The results
   Pembiayaan dari OJK. Hasil dari identifikasi ini      of this identification are used to develop/
   digunakan untuk mengembangkan/ memberikan             provide training for competency gaps, as one
   training terhadap kesenjangan kompetensi              of the requirements in promoting employees.
   yang dimiliki, sebagai salah satu persyaratan
   dalam melakukan promosi karyawan.

   Sejalan dengan tujuan cetak biru OJK, salah           In line with OJK's blueprint objectives, one of
   satunya dengan menciptakan standar                    which is to create an equivalent competency
   kompetensi yang setara di tingkat multifinance        standard at the multifinance level can maintain
   dapat menjaga kualitas karyawan Maybank               the quality of Maybank Finance employees in
   Finance sesuai dengan kompetensi yang ada,            accordance with existing competencies, and
   dan berdaya saing global dalam rangka                 be globally competitive in order to improve
   meningkatkan kinerja sektor jasa keuangan.            the performance of the financial services sector.




                                                                                                           109
Page 110
    Teknologi Informasi
    Information Technology

    Dalam beberapa tahun terakhir, Maybank Finance                                            In recent years, Maybank Finance has made significant
    telah membuat langkah signifikan dalam meningkatkan                                       strides in improving its information technology (IT)
    infrastruktur teknologi informasi (TI) untuk melayani                                     infrastructure to better serve its customers and
    debitur dengan lebih baik dan meningkatkan proses                                         improve its internal process. The implementation of
    internal. Implementasi sistem digital yang canggih                                        advanced digital systems has streamlined various
    telah merampingkan berbagai proses dan                                                    processes and enhanced the overall customer
    meningkatkan pengalaman debitur secara keseluruhan                                        experience as well as the internal operations.
    serta operasional internal. Selain itu, integrasi langkah-                                Additionally, the integration of cutting-edge security
    langkah keamanan yang mutakhir telah meningkatkan                                         measures has bolstered data protection and privacy,
    perlindungan data dan privasi, menanamkan                                                 instilling greater confidence among customers. These
    kepercayaan yang lebih besar di antara para debitur.                                      advancements have positioned Maybank Finance as
    Berbagai kemajuan tersebut telah menempatkan                                              a leader in leveraging technology to meet evolving
    Maybank Finance sebagai pemimpin dalam                                                    customer needs and expectations. Moving forward,
    memanfaatkan teknologi untuk memenuhi kebutuhan                                           continued investment in IT infrastructure will be crucial
    dan harapan debitur yang terus berkembang. Ke                                             in sustaining this momentum and driving further
    depannya, investasi berkelanjutan dalam infrastruktur                                     innovation in the Company.
    TI akan sangat penting dalam mempertahankan
    momentum ini dan mendorong inovasi lebih lanjut
    di Perseroan.


    STRUKTUR ORGANISASI PENGELOLA TI                                                          IT MANAGEMENT ORGANIZATION
                                                                                              STRUCTURE

                                                                     Information & Communication Technology,
                                                                     Operation & Digital Business - Division Head




                                                                                 Information &
                Digital Business Dept. Head                                Communication Technology                                 Information & Communication
                                                                            Development Dept. Head                                Technology Operational Dept. Head




   Digital Business                         Digital Business                                                ICT                           ICT                        ICT
 Operation - Supervisor                  Developer - Supervisor                                    Operational - Supervisor   Infrastructure - Supervisor   Security - Supervisor




    Digital Business                          Digital Business                                                                            ICT
                                                                                                   ICT Operational - Staff       Infrastructure - Staff      ICT Security - Staff
    Operation - Staff                         Developer - Staff



                                                                                                            ICT
 Digital Marketing - Staff
                                                                                                    Administration - Staff




                                                 ICT Development -                                    ICT Development -
                                                 Mobile Supervisor                                   Back End Supervisor




                                                 ICT Development -                                    ICT Development -
                                                    Mobile Staff                                        Back End Staff




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Pengembangan Sistem TI 2023                           IT System Development in 2023

Sebagai wujud yang dilakukan dari hasil pelaksanaan   As a manifestation of the implementation of the 2023
strategi Pengembangan TI tahun 2023 adalah:           IT Development strategy, are:
    1. Pengembangan Mobile Marketing;                    1. Mobile Marketing Development;
    2. Pengembangan Mobile Collection;                   2. Mobile Collection Development;
    3. Pengembangan Mobile Approval;                     3. Mobile Approval Development;
    4. Pengembangan System Mobile Customer;              4. Mobile Customer System Development;
    5. Pengembangan Sistem Online Recruitment;           5. Development of Online Recruitment System;
    6. Pengembangan Project Mobile Operation;            6. Development of Project Mobile Operation;
    7. Otomatisasi proses dengan penerapan RPA           7. Process automation with the implementation
        (Robotics Process Automation);                       of RPA (Robotics Process Automation);
    8. Customer Digital Onboarding;                      8. Customer Digital Onboarding;
    9. Penerapan tambahan perangkat dan software         9. Implementation of additional network security
        keamanan jaringan;                                   devices and software;
    10. Pengembangan Website Maybank Finance; dan        10. Maybank Finance Website Development; and
    11. Pengembangan Aplikasi Employee Mobile.           11. Employee Mobile Application Development.

Rencana Pengembangan TI 2024                          IT Development Strategy in 2024

Adapun strategi yang akan dilakukan untuk rencana     The strategies to be carried out for the information
pengembangan teknologi informasi di tahun 2024        technology development plan in 2024 are:
adalah:
   1. Pengembangan fitur baru pada aplikasi              1. Development of new features in the MyAccess
      MyAkses, di antaranya :                               application, including:
      • Pendaftaran Autodebet                               • Autodebet Registration
      • Pembukaan Saving Account Maybank                    • Maybank Saving Account Opening
      • Upgrade Asuransi                                    • Insurance Upgrade
      • Informasi Asuransi Debitur                          • Customer Insurance Information
   2. Penggunaan Machine Learning dan Big Data;          2. Use of Machine Learning and Big Data;
   3. Pengembangan Digital Onboarding;                   3. Development of Digital Onboarding;
   4. Integrasi sistem rekrutmen dengan HRIS;            4. Recruitment system integration with HRIS;
   5. Pengembangan penggunaan RPA (Robotic               5. Development of the use of RPA (Robotic Process
      Process Automation) untuk mempercepat                 Automation) to accelerate operational processes;
      proses operasional; dan                               and
   6. Modernisasi perangkat keamanan jaringan            6. Modernization of network, communication and
      komunikasi dan server.                                server security devices.




                                                                                                               111
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          ANALISIS DAN
PEMBAHASAN MANAJEMEN
    Management Discussion and Analysis
Page 114
  Tinjauan Perekonomian
  Economic Review

  Kondisi perekonomian global masih diliputi              Global economic conditions remain uncertain until
  ketidakpastian sampai dengan akhir tahun 2023.          the end of 2023. These global risks and uncertainties
  Risiko dan ketidakpastian global ini dipicu dinamika    are triggered by the dynamics of developed countries
  negara-negara maju yang berdampak ke global.            that have a global impact. The United States is still
  Amerika Serikat masih dihadapkan pada inflasi yang      faced with above-target inflation, high interest rates,
  berada di atas target, tingginya suku bunga,            increased fiscal pressure, and erosion of excess savings
  peningkatan tekanan fiskal, dan tergerusnya excess      that overshadow the economic downturn. Meanwhile,
  saving yang membayangi pelemahan ekonomi.               other developed countries, namely China, are still
  Sementara itu, negara maju lainnya, yakni Tiongkok      faced with a weakening post-Covid-19 economy and
  masih dihadapkan dengan pelemahan ekonomi pasca         Europe whose economic conditions are weakening
  Covid-19 dan Eropa yang kondisi ekonominya melemah      with an increasing fiscal deficit accompanied by high
  dengan defisit fiskal yang meningkat diiringi oleh      core inflation. In addition, geopolitical conditions also
  core inflation yang masih tinggi. Selain itu, kondisi   show higher risks such as the war in Ukraine and the
  geopolitik juga menunjukkan resiko yang makin tinggi    Middle East, especially Palestine, which has not shown
  seperti perang di Ukraina maupun Timur Tengah           signs of ending, causing downside risks to the
  terutama Palestina yang belum menunjukkan tanda-        prospects for global economic growth. World economic
  tanda berakhir menimbulkan downside risk terhadap       growth in 2023 was revised downward by the IMF to
  prospek pertumbuhan ekonomi global. Pertumbuhan         only 3% and by the World Bank to only 2.1% with
  ekonomi dunia tahun 2023 direvisi turun oleh IMF        inflation also predicted to reach a level of 5.8%, higher
  menjadi hanya 3% dan oleh Bank Dunia hanya 2,1%         than the period before the pandemic.
  dengan inflasi juga diprediksi mencapai level 5,8%,
  lebih tinggi dibandingkan periode sebelum pandemi.

  Di tengah tantangan global tersebut, perekonomian       Amidst these global challenges, the Indonesian
  Indonesia tumbuh sebesar 5,05% (yoy). Daya tahan        economy grew by 5.05% (yoy). The resilience of the
  ekonomi Indonesia ditunjukkan oleh kemampuannya         Indonesian economy was demonstrated by its ability
  untuk mempertahankan tingkat pertumbuhan yang           to maintain a growth rate that exceeded government
  melebihi ekspektasi pemerintah, terutama jika           expectations, especially when compared to other
  dibandingkan dengan negara-negara lain. Hal ini         countries. This was driven by economic growth from
  didorong oleh pertumbuhan ekonomi dari sisi             the expenditure side as well as economic growth
  pengeluaran dan juga pertumbuhan ekonomi dari           from the production side. The main contributors to
  sisi produksi. Kontributor utama pertumbuhan ekonomi    economic growth from the expenditure side include
  dari sisi pengeluaran, antara lain peningkatan          increased domestic demand, especially increased
  permintaan domestik, terutama peningkatan konsumsi      consumption ahead of the general election, and
  menjelang pemilihan umum, dan investasi, khususnya      investment, especially infrastructure investment due
  investasi infrastruktur karena berlanjutnya proyek-     to the continuation of national strategic projects
  proyek strategis nasional (PSN), termasuk               (PSN), including the construction of the new capital
  pembangunan ibu kota baru (IKN). Konsumsi               city (IKN). Public consumption, Non-Profit Institutions
  masyarakat, Lembaga Non-Profit yang Melayani            Serving Households (LNPRT), and government
  Rumah Tangga (LNPRT), dan konsumsi pemerintah           consumption grew by 4.82%, 9.83%, and 2.95%
  tumbuh masing-masing sebesar 4,82%, 9,83%, dan          respectively in 2023.
  2,95% di tahun 2023.




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                                                                                                 Analisis dan
                                                                                      Pembahasan Manajemen
                                                                                   Management Discussion and Analysis




Tinjauan Industri
Industry Review

Pelonggaran aturan kesehatan masyarakat untuk            The easing of public health regulations for outdoor
melakukan kegiatan luar ruangan memiliki dampak          activities has had a positive impact on the Indonesian
yang cukup positif untuk perekonomian Indonesia.         economy. As the economy recovers, the level of public
Dengan pulihnya perekonomian masyarakat, tingkat         spending also increases. This has led to an increase
pembelanjaan masyarakat juga ikut meningkat. Hal         in financing performance in 2023. Moreover, the
tersebut mendorong peningkatan kinerja pembiayaan        increasing trend of electric vehicle sales has led to
di tahun 2023. Terlebih lagi, tren penjualan kendaraan   an increase in electric vehicle loans. Sales of electric
listrik yang terus meningkat sehingga mendorong          vehicles in Indonesia during January-October 2023
peningkatan pada kredit kendaraan listrik. Penjualan     experienced a surge of up to 322% (yoy) compared
mobil listrik di Indonesia sepanjang Januari-Oktober     to the same period last year and were still dominated
2023 mengalami lonjakan hingga 322% (yoy) dibanding      by hybrid types. Based on GAIKINDO data, electric
periode yang tahun lalu dan masih didominasi oleh        vehicles sales reached 17.06 thousand units during
jenis hybrid. Berdasarkan data GAIKINDO, penjualan       the January - December 2023 period, higher by 65.2%
mobil listrik mencapai 17,06 ribu unit selama periode    (yoy) compared to the same period in 2022 with
Januari - Desember 2023, lebih tinggi 65,2% (yoy)        10.33 thousand units.
dibandingkan periode yang sama di tahun 2022
dengan 10,33 ribu unit.

Otoritas Jasa Keuangan (OJK) mencatat kinerja piutang    The Financial Services Authority (OJK) noted that
pembiayaan atau multifinance pada Desember 2023          the performance of financing receivables or multifinance
mengalami pertumbuhan sebesar 13,23% (yoy) menjadi       in December 2023 experienced a growth of 13.23%
Rp470,86 triliun. Pertumbuhan piutang pembiayaan         (yoy) to Rp470.86 trillion. The growth in financing
tersebut didukung oleh pembiayaan modal kerja dan        receivables was supported by working capital and
investasi dengan pertumbuhan masing-masing menjadi       investment financing with growth of 15.10% (yoy) and
15,10% (yoy) dan 13,85% (yoy).                           13.85% (yoy).

Profil risiko perusahaan pembiayaan juga masih           The risk profile of finance companies is also still
terjaga dengan rasio Non-Performing Financing (NPF)      maintained with a net Non-Performing Financing
net sebesar 0,64%, sedangkan NPF Gross mencapai          (NPF) ratio of 0.64%, while Gross NPF reached 2.44%
2,44% pada Desember 2023. Gearing ratio perusahaan       in December 2023. The gearing ratio of finance
pembiayaan tercatat mencapai 2,26 kali pada              companies was recorded at 2.26 times in December
Desember 2023 di mana angka tersebut masih jauh          2023, which is still far below the maximum limit set
di bawah batas maksimum yang ditetapkan regulator,       by the regulator of 10 times.
yakni 10 kali.



Tinjauan Operasional
Operational Review

Maybank Finance memiliki kegiatan bisnis utama           The main business activity in which Maybank Finance
yang bergerak pada pembiayaan mobil baru dan             engages is new and used car financing. In addition,
bekas. Selain itu, Perseroan juga bergerak pada          the Company also provides financing for heavy
pembiayaan alat-alat berat dan mesin industri. Guna      equipment and industrial machines. To support its
mendukung kegiatan usahanya, Perseroan didukung          business activities, the Company is supported by
oleh dealer-dealer, showroom dan supplier yang           dealers, showrooms and suppliers throughout Indonesia
tersebar di seluruh Indonesia sehingga mampu             so as to provide a more comprehensive coverage of
memberikan cakupan produk pembiayaan yang lebih          financing products for all customers.
komprehensif bagi seluruh debitur.




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  TINJAUAN OPERASIONAL PER SEGMEN                             OPERATIONAL REVIEW PER OPERATING
  OPERASI                                                     SEGMENT

  Pembiayaan Kendaraan Roda Empat                             Four Wheel Vehicle Financing

  Kapasitas                                                   Capacity
  Total kapasitas pembiayaan kendaraan roda empat             The Company’s total four-wheeled vehicle financing
  Perseroan menurun -2,37%, dari 40.547 unit di tahun         capacity decreased by -2.37%, from 40,547 units in
  2022 menjadi 39.588 unit di tahun 2023.                     2022 tox 39,588 units in 2023.

                                                                        (dalam unit, kecuali dinyatakan lain / in units, unless stated otherwise)

                                                                                                             Pertumbuhan
                      Uraian                                                                                    Growth
                                           2023                       2022
                    Description
                                                                                                         Rp                           %

      Mobil Baru                               39.074                          40.205                             (1.131)               -2,81%
      New Car
      Mobil Bekas                                   514                             342                               172              50,29%
      Used Car
      Total                                    39.588                          40.547                             (959)                 -2,37%



  Penyaluran Pembiayaan                                       Disbursement
  Pada tahun 2023, total pembiayaan roda empat                In 2023, the Company’s total four-wheel financing
  Perseroan tercatat naik 8,30% dari Rp11.27 triliun di       was recorded to increase by 8.30% from Rp11.27
  tahun 2022 menjadi Rp12,21 triliun. Peningkatan             trillion in 2022 to Rp12.21 trillion. The increase/decrease
  tersebut didorong oleh pemulihan kondisi ekonomi            was driven by economic recovery after the Covid-19
  pasca pandemic Covid-19.                                    pandemic.

                                                       (dalam miliar rupiah, kecuali dinyatakan lain / in billion rupiah, unless stated otherwise)

                                                                                                             Pertumbuhan
                      Uraian                                                                                    Growth
                                           2023                       2022
                    Description
                                                                                                         Rp                           %

      Mobil Baru                               12.003                             11.164                            840                   7,52%
      New Car
      Mobil Bekas                                    211                             114                               97              84,54%
      Used Car
      Total                                       12.214                         11.278                              936                8,30%



  Pembiayaan Alat Berat dan Mesin Industri                    Heavy Equipment and Industrial Financing

  Kapasitas                                                   Capacity
  Hingga akhir tahun 2023, kapasitas alat berat dan           Until the end of 2023, the capacity of heavy equipment
  mesin industri yang dibiayai Perseroan tercatat             and industrial machines financed by the Company
  menurun 20,48% dari 3.829 unit di tahun 2022 menjadi        decreased by 20.48% from 3,829 units in 2022 to
  3.045 unit di tahun 2023.                                   3,045 units in 2023.




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                                                                                                        Management Discussion and Analysis




                                                                         (dalam unit, kecuali dinyatakan lain / in units, unless stated otherwise)

                                                                                                              Pertumbuhan
               Uraian                                                                                            Growth
                                          2023                          2022
             Description
                                                                                                          Rp                           %

Alat Berat dan Mesin Industri                       3.045                         3.829                            (784)              -20,48%
Heavy Equipment and Industrial
Machineries



Segmen Operasi                                                 Operating Segments
Perseroan mengelola 30 kantor cabang dan 11 kantor             The Company manages 30 branch offices and 11
perwakilan yang tersebar dalam beberapa wilayah                representative offices spread across several regions
di Indonesia. Perseroan membagi segmen usaha                   in Indonesia. The Company divides its geographic
geografis menjadi beberapa wilayah operasi yang                business segment into several operating areas
terdiri dari Kalimantan, Sulawesi, Sumatera, Jawa              consisting of Kalimantan, Sulawesi, Sumatra, Java
Non-Jabodetabek, dan Jabodetabek.                              Non-Jabodetabek, and Jabodetabek.

                                                        (dalam miliar rupiah, kecuali dinyatakan lain / in billion rupiah, unless stated otherwise)

                                                                             Jawa Non
     Uraian                                                                Jabodetabek
                    Kalimantan       Sulawesi         Sumatera                                          Jabodetabek                   Total
   Description                                                              Java Non-
                                                                           Jabodetabek

                                                            2023
Pembiayaan                 24.095       29.650              213.876                     195.102                   430.304              893.027
Konsumen
Consumer
Financing
Sewa                        1.908          317               15.035                       3.072                    142.466              162.798
Pembiayaan
Finance Lease
Sewa Ijarah –                    -              -                   -                            -                       383                 383
Neto
Ijarah Lease –
Net
Pendapatan                       -              -                   1                           2                       2.511              2.514
Bunga
Interest Income
Pendapatan                   778           746                4.991                       6.375                      28.233                41.123
Lain-lain
Other Income
Total                      26.781       30.713              233.903                    204.551                     603.897          1.099.845
Pendapatan
Total Revenue
                                                            2022
Pembiayaan                 28.271       30.773              206.125                    214.267                     384.071             863.507
Konsumen
Consumer
Financing
Sewa                       2.006           382                6.722                       3.769                      99.140              112.019
Pembiayaan
Finance Lease




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                                                                 (dalam miliar rupiah, kecuali dinyatakan lain / in billion rupiah, unless stated otherwise)

                                                                                      Jawa Non
          Uraian                                                                    Jabodetabek
                            Kalimantan           Sulawesi       Sumatera                                         Jabodetabek                   Total
        Description                                                                  Java Non-
                                                                                    Jabodetabek

      Sewa Ijarah –                          -              -                -                            -                        163                 163
      Neto
      Ijarah Lease
      – Net
      Pendapatan                             -              -                -                           3                     2.034               2.037
      Bunga
      Interest Income
      Pendapatan                         2.556       3.882            6.846                       12.809                     32.344               58.437
      Lain-lain
      Other Income
      Total                             32.833      35.037         219.693                     230.848                       517.752           1.036.163
      Pendapatan
      Total Revenue




  Strategi Pengembangan Usaha
  Business Development Strategy

  Pada tahun 2023, Perseroan melakukan berbagai                         In 2023, the Company carried out various business
  inisiatif dan strategi pengembangan usaha yang                        initiatives and strategies in an effective manner in
  efektif dalam rangka merespon kebutuhan debitur,                      order to respond to customer needs, by:
  melalui:
      1. Memperkuat posisi di segmen menengah ke                             1. Strengthen position in the upper-middle
         atas untuk pembiayaan mobil baru dengan                                segment for new car financing by being more
         lebih agresif di mobil listrik dan hybrid yang                         aggressive in electric and hybrid cars whose
         pemasarannya diperkirakan akan terus                                   marketing is expected to continue to increase.
         meningkat.
      2. Meningkatkan kualitas sumber daya manusia                           2. Improve the quality of human resources through
         melalui program training, e-learning, dan                              training, e-learning, and knowledge management
         knowledge management.                                                  programs.
      3. Meningkatkan penjualan dengan menggunakan                           3. Increase sales by using references from PT Bank
         referensi dari cabang-cabang PT Bank Maybank                           Maybank Indonesia Tbk branches.
         Indonesia Tbk.
      4. Meningkatkan kualitas dan kecepatan pelayanan                       4. Improve the quality and speed of service to
         kepada debitur.                                                        debtors.




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Aspek Pemasaran
Marketing Aspect

STRATEGI PEMASARAN                                      MARKETING STRATEGIES
Perseroan juga melaksanakan berbagai program            The Company also carries out various marketing
pemasaran sebagai strategi untuk meningkatkan           programs as a strategy to increase sales. Marketing
penjualan. Program pemasaran yang dilakukan selama      programs carried out during 2023 include:
tahun 2023 meliputi:
   1. Memperluas jaringan kerjasama dengan dealer            1. Expanding cooperation network with automotive
      otomotif untuk pembiayaan mobil baru dan                  dealers for new and used car financing;
      bekas;
   2. Memberikan penawaran Multiguna Fasilitas               2. Providing refinancing offers for Maybank Finance
      Dana untuk retensi konsumen Maybank                       consumer retention.
      Finance.



Tinjauan Keuangan
Financial Review

LAPORAN POSISI KEUANGAN                                 STATEMENT OF FINANCIAL POSITION
Aset                                                    Assets

                                                 (dalam miliar rupiah, kecuali dinyatakan lain / in billion rupiah, unless stated otherwise)

                                                                                                       Pertumbuhan
             Uraian                                                                                       Growth
                                      2023                      2022
           Description
                                                                                                Rupiah                          %

Aset Keuangan
Financial Assets
Kas dan Setara Kas                       166.420                         44.359                          122.061                275,17%
Cash and Cash Equivalents
Piutang Sewa Pembiayaan - Neto          1.666.010                    1.052.998                           613.012                 58,22%
Finance Lease Receivables–Net


Piutang Pembiayaan Konsumen-            5.988.601                   6.002.684                           (14.083)                (0,23%)
Neto Consumer Financing
Receivables–Net
Piutang Lain-lain                            9.007                         8.828                               179                  2,03%
Other Receivables
Aset Lain-Lain                               5.773                         3.803                            1.970                51,80%
Other Assets
Aset Diperoleh untuk Ijarah                  2.739                          4.015                         (1.276)              (31,78%)
Assets Acquired for Ijarah
Investasi dalam Saham                    159.504                        159.504                                   -               0,00%
Investment in Shares
Total Aset Keuangan                    7.998.054                       7.276.191                         721.863                    9,92%
Financial Assets




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                                                          (dalam miliar rupiah, kecuali dinyatakan lain / in billion rupiah, unless stated otherwise)

                                                                                                                Pertumbuhan
                   Uraian                                                                                          Growth
                                              2023                       2022
                 Description
                                                                                                         Rupiah                          %

      Aset Non Keuangan
      Non-Financial Assets
      Aset Pajak Tangguhan-Neto                      19.316                        16.632                           2.684                  16,14%
      Deferred Tax Assets–Net
      Beban Dibayar di Muka dan Uang                 8.214                          8.733                            (519)               (5,94%)
      Muka
      Prepaid Expenses and Advance
      Payment
      Aset Tetap dan Aset Hak Guna                   51.374                        51.436                             (62)                (0,12%)
      Neto
      Fixed Asset and Right of Use
      Assets-Net
      Total Aset Non-Keuangan                     78.904                           76.801                            2.103                   2,74%
      Total Non-Financial Assets
      Total Aset                               8.076.958                      7.352.992                          723.966                     9,85%
      Total Assets


  Pada tahun 2023, Total Aset Perseroan meningkat                In 2023, the Company’s Total Assets increased by
  sebesar 9,85% atau setara Rp723,97 miliar dari Rp7,35          9.85% or Rp723.97 billion from Rp7.35 trillion in 2022
  triliun di tahun 2022 menjadi Rp8,08 triliun. Peningkatan      to Rp8.08 trillion. The increase in total assets was
  total aset ini utamanya disebabkan oleh peningkatan            mainly due to the increasing in finance lease receivables
  piutang sewa pembiayaan sebesar Rp613,01 miliar.               of Rp613.01 billion.

  Aset Keuangan                                                  Financial Assets

  Hingga akhir tahun 2023, aset keuangan Perseroan               Until the end of 2023, the Company’s financial assets
  meningkat sebesar 9,92% atau setara Rp721,86 miliar            increased by 9.92% or Rp721.86 billion from Rp7.27
  dari Rp7,27 triliun di tahun 2022 menjadi Rp8,00               trillion in 2022 to Rp8.00 trillion. This increase was
  triliun. Peningkatan ini terutama disebabkan oleh              mainly due to a significant increase in finance lease
  peningkatan signifikan pada piutang sewa pembiayaan.           receivables.

  Aset Non-Keuangan                                              Non-Financial Assets

  Aset non-keuangan Perseroan pada tahun 2023                    The Company’s non-financial assets in 2023 increased
  meningkat sebesar 2,74% atau setara Rp2,10 miliar              by 2.74% or Rp2.10 billion from Rp76.80 billion in
  dari Rp76,80 miliar di tahun 2022 menjadi Rp78,90              2022 to Rp78.90 billion. This increase mostly
  miliar. Peningkatan ini terjadi terutama dikontribusi          contributed by increasing of deferred tax asset of
  oleh peningkatan aset pajak tangguhan sebesar                  Rp2.68 billion.
  Rp2,68 miliar.




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Liabilitas                                                      Liabilities

                                                         (dalam miliar rupiah, kecuali dinyatakan lain / in billion rupiah, unless stated otherwise)

                                                                                                         Pertumbuhan
               Uraian                                                                                       Growth
                                         2023                   2022
             Description
                                                                                            Rupiah                                %

 Liabilitas Keuangan Financial
 Liabilities
 Utang Bank                               2.393.055                1.797.223                         595.832                              33,15%
 Bank Loans
 Utang Dealer                                120.912                  145.127                        (24.215)                          (16,69%)
 Payables to Dealer
 Utang Lain-Lain                                95.181               108.747                         (13.566)                          (12,47%)
 Other Payables
 Beban Akrual                                 51.462                 40.483                            10.979                             27,12%
 Accrued Expenses
 Utang Obligasi-Neto                       1.648.624              1.746.606                         (97.982)                             (5,61%)
 Bonds Payables-Net
 Total Liabilitas Keuangan                4.309.234               3.838.186                          471.048                              12,27%
 Total Financial Liabilities
 Liabilitas Non-Keuangan
 Non-Financial Liabilities
 Utang Pajak                                  43.810                  60.418                        (16.608)                          (27,49%)
 Tax Payables
 Liabilitas Imbalan Kerja                     24.277                   21.661                            2.616                           12,08%
 Liability For Employee Benefits
 Total Liabilitas Non-Keuangan               68.087                   82.079                         (13.992)                          (17,05%)
 Total Non-Financial Liabilities
 Total Liabilitas                          4.377.321             3.920.265                           457.056                              11,66%
 Total Liabilities


Total liabilitas Perseroan pada tahun 2023 meningkat            The Company’s total liabilities in 2023 increased by
sebesar 11,66% atau setara Rp457,06 miliar dari Rp3,92          11.66% or Rp457.06 billion from Rp3.92 trillion in 2022
triliun di tahun 2022 menjadi Rp4,38 triliun. Peningkatan       to Rp4.38 trillion. The increase in the total liabilities
total liabilitas ini terjadi karena peningkatan utang           occurred due to increase in bank loans of Rp595.83
bank sebesar Rp595,83 miliar.                                   billion.

Liabilitas Keuangan                                             Financial Liabilities

Total liabilitas keuangan Perseroan pada tahun 2023             The Company’s total financial liabilities in 2023
meningkat sebesar 12,27% atau setara Rp471,05 miliar            increased by 12.27% or Rp471.05 billion from Rp3.84
dari Rp3,84 triliun di tahun 2022 menjadi Rp4,31                trillion in 2022 to Rp4.31 trillion. This increase was
triliun. Peningkatan ini utamanya disebabkan oleh               mainly due to the increase in bank loans.
peningkatan utang bank.

Liabilitas Non-Keuangan                                         Non-Financial Liabilities

Sementara liabilitas non-keuangan Perseroan pada                Meanwhile the Company’s non-financial liabilities in
tahun 2023 menurun 17,05% atau setara Rp13,99 miliar            2023 decreased by 17.05% or Rp13.99 billion from
dari Rp82,07 miliar di tahun 2022 menjadi Rp65,09               Rp82.07 billion in 2022 to Rp65.09 billion. The decrease
miliar. Penurunan liabilitas non-keuangan ini utamanya          in non-financial liabilities was mainly due to a decrease
disebabkan oleh penurunan pada utang pajak sebesar              in tax payables of Rp16.61 billion.
Rp16,61 miliar.


                                                                                                                                                       121
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  Ekuitas                                                      Equity

                                                        (dalam miliar rupiah, kecuali dinyatakan lain / in billion rupiah, unless stated otherwise)

                                                                                                       Pertumbuhan
                   Uraian                                                                                 Growth
                                           2023               2022
                 Description
                                                                                           Rupiah                                %

      Ekuitas
      Equity
      Modal Saham                             32.370               32.370                                      -                         0,00%
      Capital Stock
      Kerugian Aktuarial atas Liabilitas           51                   746                             (695)                         (93,16%)
      Imbalan Kerja Setelah Pajak
      Tangguhan
      Actuarial Losses on Liability for
      Employee Benefits Net of
      Deferred Tax
      Saldo Laba                            3.667.216           3.399.611                            267.605                              7,87%
      Retained Earning
      Total Ekuitas                        3.699.637           3.432.727                             266.910                              7,78%
      Total Equities



  Ekuitas Perseroan pada tahun 2023 meningkat sebesar          The Company’s equity in 2023 increased by 7.78% or
  7,78% atau setara Rp266,91 miliar dari Rp3,43 triliun        Rp266.91 billion from Rp3.43 trillion in 2022 to Rp3.70
  di tahun 2022 menjadi Rp3,70 triliun. Peningkatan            trillion. This increase in equity occurred due to the
  ekuitas ini terjadi karena meningkatnya laba Perseroan       increase in the Company’s net income in 2023.
  pada tahun 2023.

  Laporan Laba Rugi dan Penghasilan                            Statement of Profit or Loss and Other
  Komprehensif Lain                                            Comprehensive Income

                                                        (dalam miliar rupiah, kecuali dinyatakan lain / in billion rupiah, unless stated otherwise)

                                                                                                                   Pertumbuhan
                              Uraian                                                                                  Growth
                                                            2023                     2022
                            Description
                                                                                                            Rupiah                      %

      Pendapatan
      Revenues
      Pendapatan Pembiayaan Konsumen                           893.027                  863.507                    29.520                 3,42%
      Consumer Financing Income
      Pendapatan Sewa Pembiayaan                                162.798                   112.019                  50.779               45,33%
      Finance Lease Income
      Pendapatan Sewa Ijarah-Neto                                    383                       163                     220             134,97%
      Income from Ijarah Rent – Net
      Pendapatan Bunga                                             2.514                   2.037                       477              23,42%
      Interest Income
      Pendapatan Lain-Lain                                        41.123                  58.437                   (17.314)          (29,63%)
      Other Incomes
      Total Pendapatan                                       1.099.845                 1.036.163                   63.682                 6,15%
      Total Revenues




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                                                                                                                 Analisis dan
                                                                                                      Pembahasan Manajemen
                                                                                                  Management Discussion and Analysis




                                                  (dalam miliar rupiah, kecuali dinyatakan lain / in billion rupiah, unless stated otherwise)

                                                                                                            Pertumbuhan
                      Uraian                                                                                   Growth
                                                       2023                    2022
                    Description
                                                                                                      Rupiah                      %

Beban
Expenses
Beban Pendanaan                                          225.237                    197.315                  27.922                14,15%
Financing Expenses
Beban Tenaga Kerja                                       144.028                   134.061                     9.967                7,43%
Employee Expenses
Beban Pemasaran                                            16.336                   16.203                        133              0,82%
Marketing Expenses
Beban Kerugian Penurunan Nilai                             75.055                   67.525                     7.530                11,15%
Impairment Losses Expenses
Beban Penyusutan Aset Tetap                                  6.887                   6.599                       288                4,36%
Depreciation Expenses of Fixed Assets
Beban Amortisasi Aset Hak Guna                              3.049                    2.900                        149               5,14%
Amortization of Right-of-Used Expenses
Beban Provisi dan Komisi                                     3.261                   3.099                        162               5,23%
Provision and Commission Expenses
Kerugian (Keuntungan) Transaksi Mata Uang Asing                 134                  (906)                     1.040           (114,79%)
Loss (Gain) from Foreign Currency Transaction
Beban Lain-Lain                                           54.043                   42.982                      11.061             25,73%
Other Expenses
Total Beban                                             528.030                   469.778                    58.252               12,40%
Total Expenses
Laba Sebelum Beban Pajak Final dan Pajak                   571.815                566.385                     5.430                0,96%
Penghasilan
Income before Final Tax and Income Tax
Beban Pajak Final                                           (503)                    (407)                      (96)              23,59%
Final Tax Expense
Laba Sebelum Beban Pajak Penghasilan                       571.312                565.978                      5.334               0,94%
Income before Income Tax Expense
Beban Pajak Penghasilan                                 (127.521)                (125.514)                  (2.007)                 1,60%
Income Tax Expense
Laba Tahun Berjalan                                      443.791                 440.464                       3.327               0,76%
Income for the Year
(Rugi) Laba Komprehensif Lainnya-Setelah Pajak              (695)                       352                  (1.047)         (297,44%)
Other Comprehensive (Loss) Income – Net of Tax
Total Penghasilan Komprehensif Tahun Berjalan           443.096                   440.816                      2.280                0,52%
Total Comprehensive Income for the Year
Laba per Saham Dasar (dalam Rupiah Penuh)                   13.710                  13.607                        103              0,76%
Basic Earnings per Share (Fully in Rupiah)

Pendapatan                                               Revenues

Perseroan berhasil membukukan pendapatan pada            In 2023, the Company managed to post revenues of
tahun 2023 sebesar Rp1,10 triliun, tumbuh 6,15% atau     Rp1.10 trillion, grew by 6,15% or Rp63.68 billion from
setara Rp63,68 miliar dari Rp1,04 triliun pada tahun     Rp1.04 trillion in 2022. This was mainly due to the
2022. Hal ini terutama disebabkan oleh peningkatan       increase in finance lease income of Rp50,779 billion.
pendapatan sewa pembiayaan sebesar Rp50.779
miliar.




                                                                                                                                                123
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  Beban                                                         Expenses

  Beban Perseroan meningkat sebesar 12,40% atau                 The Company’s expenses increased by 12.40% or
  setara Rp58,25 miliar pada tahun 2023 dari Rp469,78           Rp58.25 billion in 2023, from Rp469.78 billion in 2022
  miliar di tahun 2022 menjadi Rp528,03 miliar. Hal ini         to Rp528.03 billion. This was mainly due to the increase
  utamanya terjadi karena peningkatan pada beban                in financing expenses, employee expenses, impairment
  pendanaan, beban tenaga kerja, beban kerugian                 losses expenses, and other expenses.
  penurunan nilai, dan beban lain-lain.

  Laba Sebelum Pajak Penghasilan                                Income Before Income Tax Expense

  Laba sebelum pajak penghasilan Perseroan pada                 Income Before Income Tax Expense of the Company
  tahun 2023 meningkat 0,96% atau setara Rp5,43                 in 2023 increased by 0.96% or Rp5.43 billion from
  miliar dari Rp566,39 miliar di tahun 2022 menjadi             Rp566.39 billion in 2022 to Rp571.82 billion.
  Rp571,82 miliar.

  Laba Tahun Berjalan                                           Income for The Year

  Laba Tahun Berjalan Perseroan tercatat naik sebesar           Income for the year was recorded to have increased
  0,76% atau setara Rp3,33 miliar pada tahun 2023               by 0.76% or Rp3.33 billion in 2023 from Rp440.47
  dari Rp440,47 miliar di tahun 2022 menjadi Rp443,79           billion in 2022 to Rp443.79 billion.
  miliar.

  Laba Per Saham Dasar                                          Basic Earnings Per Share

  Seiring dengan naiknya laba tahun berjalan, maka              Along with the increase in profit for the year, the
  laba per saham dasar Perseroan juga meningkat,                basic earnings per share of the Company also increased
  yakni sebesar 0,76% atau setara Rp103 dari Rp13.607           by 0.76% or Rp103 from Rp13,607 to Rp13,710.
  menjadi Rp13.710.

  LAPORAN ARUS KAS                                              STATEMENT OF CASH FLOWS
                                                         (dalam miliar rupiah, kecuali dinyatakan lain / in billion rupiah, unless stated otherwise)

                                                                                                           Pertumbuhan
                   Uraian                                                                                     Growth
                                          2023                    2022
                 Description
                                                                                                Rupiah                              %

      Arus Kas dari Aktivitas Operasi      (198.379)                   246.036                        (444.415)                      (180,63%)
      Cash Flow from Operating
      Activities
      Arus Kas dari Aktivitas Investasi          1.272                      9.372                         (8.100)                     (86,43%)
      Cash Flow from Investing
      Activities
      Arus Kas dari Aktivitas               319.646                  (302.752)                          622.398                     (205,58%)
      Pendanaan
      Cash Flow from Financing
      Activities




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                                                                                                  Analisis dan
                                                                                       Pembahasan Manajemen
                                                                                    Management Discussion and Analysis




Arus Kas dari Aktivitas Operasi                          Cash Flows from Operating Activities

Pada tahun 2023, meskipun penerimaan kas dari            In 2023, although cash receipts from consumer
pembiayaan konsumen, sewa pembiayaan, dan sewa           financing, finance leases, and ijarah leases increased,
ijarah meningkat, namun Perseroan mencatatkan            the Company recorded a greater increase in cash
peningkatan yang lebih besar pada pembayaran kas         payments in 2023 such as cash payments for consumer
di tahun 2023 seperti pembayaran kas untuk transaksi     financing and finance lease transactions, cash payments
pembiayaan konsumen dan sewa pembiayaan,                 to dealers, interest payments, payment of general
pembayaran kas untuk dealer, pembayaran bunga,           and administrative expenses, and payment of corporate
pembayaran beban umum dan administrasi, serta            income tax this resulted in a decrease in net cash
pembayaran pajak penghasilan badan sehingga terjadi      provided by operating activities by 180.63% or
penurunan kas neto yang diperoleh dari aktivitas         Rp444.42 billion from Rp246.03 billion in 2022 to
operasi sebesar 180,63% atau setara Rp444,42 miliar      negative Rp198.38 billion.
dari Rp246,03 miliar di tahun 2022 menjadi negatif
Rp198,38 miliar.

Arus Kas dari Aktivitas Investasi                        Cash Flows from Investing Activities

Pada tahun 2023, arus kas untuk aktivitas investasi      In 2023, the cash flow for investing activities decreased
mengalami penurunan sebesar 86,43% atau setara           by 86.43% or Rp8.10 billion from Rp9.37 billion in
Rp8,10 miliar dari Rp9,37 miliar di tahun 2022 menjadi   2022 to Rp1.27 billion. The decrease of cash flow for
Rp1,27 miliar. Penurunan arus kas untuk aktivitas        investing activities was influenced by the increase in
investasi utamanya dipengaruhi oleh peningkatan          acquisition of fixed assets and decrease in proceeds
pembelian aset tetap dan penurunan penerimaan            from sales of fixed assets and dividend.
dari penjualan aset tetap dan dividen.

Arus Kas dari Aktivitas Pendanaan                        Cash Flows from Financing Activities

Pada tahun 2023, Perseroan mencatatkan peningkatan       In 2023, the Company recorded an increase in proceeds
penerimaan utang bank yang lebih besar dibandingkan      from bank loans that was greater than the increase
peningkatan pembayaran utang bank dan dividen            in repayment of bank loans and cash dividends, so
kas sehingga kas neto diperoleh dari aktivitas           that net cash provided by financing activities increased
pendanaan meningkat menjadi Rp319,65 miliar dari         to Rp319.65 billion from negative Rp302.75 billion in
negatif Rp302,75 miliar di tahun 2022.                   2022.

RASIO KEUANGAN                                           FINANCIAL RATIOS
Rasio Profitabilitas                                     Profitability Ratio

                                                                                                       (dalam %/ in %)

                                                                                                  Pertumbuhan
                            Uraian                                                                   Growth
                                                                   2023           2022
                          Description
                                                                                                        %

 Laba Sebelum Beban Pajak Penghasilan terhadap Pendapatan              51,94          54,62                   (2,68)
 Income before Income Tax Expense to Revenues
 Laba Tahun Berjalan terhadap Pendapatan                              40,35           42,51                   (2,16)
 Income for the Year to Revenues
 Return on Equity (ROE)                                                12,62           13,67                  (1,05)
 Return on Equity (ROE)
 Return on Asset (ROA)                                                  7,76           8,86                    (1,10)
 Return on Assets (ROA)




                                                                                                                         125
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                                                                                                                  (dalam %/ in %)

                                                                                                             Pertumbuhan
                                          Uraian                                                                Growth
                                                                               2023           2022
                                        Description
                                                                                                                   %

      Pendapatan terhadap Total Aset                                               13,62          14,09                 (0,47)
      Revenues to Total Assets
      Net Interest Margin (NIM)                                                     8,91            7,57                   1,34
      Net Interest Margin (NIM)
      Beban Operasional-Pendapatan Operasional (BOPO)                              56,60          55,67                    0,93
      Operating Expenses - Operating Income (BOPO)


  Rasio profitabilitas adalah rasio yang digunakan untuk             Profitability ratio is a ratio used to measure the ability
  mengukur kemampuan suatu perusahaan dalam                          of a company to utilize assets and control company
  memanfaatkan aset dan mengendalikan biaya                          costs to generate profits.
  perusahaan untuk menghasilkan keuntungan.

  Rasio laba sebelum beban pajak penghasilan terhadap                The ratio of income before income tax to the Company’s
  pendapatan Perseroan pada tahun 2023 menurun                       income in 2023 decreased compared to the previous
  dibandingkan tahun sebelumnya, dari 54,62% menjadi                 year, from 54.62% to 51.94% as well as the ratio of
  51,94%, demikian juga Rasio laba tahun berjalan                    income for the year to revenues has decreased.
  terhadap pendapatan mengalami penurunan.

  Rasio ROE menurun dibandingkan tahun sebelumnya,                   The ROE ratio decreased compared to the previous
  dari 13,67% pada tahun 2022 menjadi 12,62% di tahun                year, from 13.67% in 2022 to 12.62% in 2023.
  2023.

  Rasio pendapatan terhadap total aset mengalami                     The ratio of revenues to total asset has decreased
  penurunan dibandingkan tahun sebelumnya, dari                      compared to the previous year, from 14.09% to 13.62%.
  14,09% menjadi 13,62%.

  Rasio net interest margin (NIM), mengalami peningkatan             The ratio of net interest margin (NIM), increased
  dibandingkan tahun sebelumnya, dari 7,57% menjadi                  compared to the previous year, from 7.57% to 8.91%.
  8,91%

  Rasio beban operasional-pendapatan operasional                     The ratio of operating expenses to operating income
  (BOPO) mengalami kenaikan dibandingkan tahun                       (BOPO) experienced a increased compared to 2022,
  2022, dari 55,67% menjadi 56,60%.                                  from 55.67% to 56.60%.

  Rasio Likuiditas                                                   Liquidity Ratio

                                                                                                                  (dalam %/ in %)

                                                                                                Pertumbuhan
                     Uraian                                                                        Growth
                                                      2023           2022
                   Description
                                                                                                       %

      Rasio Lancar                                           39,17        35,42                                            3,75
      Current Ratio
      Rasio Kas                                               6,15          2,01                                           4,14
      Cash Ratio




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                                                                                                          Analisis dan
                                                                                               Pembahasan Manajemen
                                                                                            Management Discussion and Analysis




Rasio Likuiditas adalah rasio keuangan yang digunakan            Liquidity Ratios are the financial ratios that are used
untuk membantu mengantisipasi kondisi kas dan                    to help anticipate the condition of the Company’s
aset perusahaan di masa depan. Untuk menghitung                  cash and assets in the future. To calculate the liquidity
rasio likuiditas, Perseroan menggunakan rasio lancar             ratio, the Company uses the current ratio and the
dan rasio kas.                                                   cash ratio.

Pada tahun 2023, rasio lancar Perseroan mencapai                 In 2023, the current ratio of the Company reached
39,17%, meningkat dibandingkan tahun sebelumnya,                 39.17%, increased compared to the previous year,
yakni sebesar 35,42%. Rasio kas tercatat sebesar                 which was 35.42%. The cash ratio was recorded at
mencapai 6,15%, meningkat dibandingkan tahun 2022                6.15%, increasing compared to 2022 which was 2.01%.
yakni sebesar 2,01%.

Rasio Solvabilitas                                               Solvency Ratio

                                                                                                           (dalam kali/ in times)

                                                                                               Pertumbuhan
                Uraian                                                                            Growth
                                              2023                    2022
              Description
                                                                                                       %

 Rasio Liabilitas terhadap Total Aset                    0,54                  0,53                                        1,89
 Liabilities to Total Assets Ratio
 Rasio Liabilitas terhadap Total Ekuitas                  1,18                  1,14                                       3,51
 Liabilities to Total Equity Ratio

Pada tahun 2023, rasio liabilitas terhadap total aset            In 2023, the ratio of liabilities to total assets reached
mencapai 0,54 kali, meningkat dibandingkan pada                  0.54 times, increasing compared to 2022 which was
tahun 2022 yakni sebesar 0,53 kali. Rasio liabilitas             0.53 times. The ratio of liabilities to total equity of
terhadap total ekuitas Perseroan pada tahun 2023                 the Company in 2023 was recorded at 1.18 times,
tercatat mencapai 1,18 kali, meningkat dibandingkan              increasing compared to 2022 which was 1.14 times.
pada tahun 2022 yakni sebesar 1,14 kali.

Peningkatan pada angka rasio solvabilitas ini                    The increase in the solvency ratio reflects the increase
mencerminkan peningkatan tingkat hutang                          in the Company’s debt level.
Perseroan.

                                                                                                                (dalam %/ in %)

                                                                                            Pertumbuhan
              Uraian                                                                           Growth
                                           2023                  2022
            Description
                                                                                                   %

 Non Performing Financing (NPF)                   0,40                  0,21                                               0,19

Pada tahun 2023, NPF Perseroan berada di tingkat                 In 2023, the Company’s NPF was at the level of 0.40%,
0,40%, meningkat dibandingkan pada tahun 2022                    increasing compared to 2022 which was 0.21%. The
sebesar 0,21%. Tingkat kolektibilitas piutang di bawah           collectability level that below 1% shows that the
1% menunjukkan bahwa Perseroan dapat mengelola                   Company was able to manage its trade receivables
piutang usaha dengan baik.                                       well.




                                                                                                                                    127
Page 128
  Struktur Modal
  Capital Structure

  KEBIJAKAN MANAJEMEN ATAS                                    MANAGEMENT POLICY ON CAPITAL
  STRUKTUR MODAL                                              STRUCTURE
  Dalam mengelola permodalan, Perseroan melakukan             In managing capital, the Company conducts analysis
  analisis secara bulanan dengan mengacu pada                 on a monthly basis with reference to the Financial
  Peraturan Otoritas Jasa Keuangan No.35/POJK.05/2018         Services Authority Regulation No.35 / POJK.05 /
  tanggal 27 Desember 2018 tentang Penyelenggaraan            2018 dated December 27, 2018 concerning Financing
  Usaha Perusahaan Pembiayaan yang di antaranya               Company Business Conduct, which among other
  mengatur ketentuan sebagai berikut:                         things regulates the following conditions:

        1. Ekuitas minimum sebesar 50,00% dari modal             1. Minimum equity of 50.00% of the paid-up
           disetor; dan                                             capital; and
        2. Jumlah pinjaman yang dimiliki Perusahaan              2. The amount of borrowing by the Company
           dibandingkan modal sendiri dan utang                     compared to own capital and subordinated
           subordinasi dikurangi penyertaan (gearing                debt minus investment (gearing ratio) is set
           ratio) ditetapkan paling tinggi 10 kali, baik            at a maximum of 10 times, for both foreign and
           untuk pinjaman luar negeri maupun dalam                  domestic borrowing.
           negeri.

  Struktur Modal Perseroan                                    Capital Structure

                                                                                           (dalam miliaran rupiah/ in billion rupiah)

                                                                                           Pertumbuhan
                   Uraian                                                                     Growth
                                            2023              2022
                 Description
                                                                                  Rupiah                             %

      Pinjaman                                   4.042             3.544                        499                       14,08%
      Loans
      Modal                                      3.700             3.433                        267                         7,78%
      Capital
      Investasi dalam Saham                        160               160                            -                      0,00%
      Investment in Shares
      Gearing ratio (X)                            1,14              1,08                     0,06                          5,56%


  Nilai gearing ratio Perseroan pada tahun 2023 adalah        The Company’s gearing ratio in 2023 was 1.14 times.
  1,14 kali. Hal ini telah sesuai dengan Peraturan Otoritas   This is in accordance with the Financial Services
  Jasa Keuangan dimana nilai gearing ratio tidak boleh        Authority Regulation stating that the gearing ratio
  lebih dari 10 kali.                                         shall not be more than 10 times.

  Dasar Pemilihan Kebijakan Manajemen atas                    Legal Basis for The Management’s Policy on Capital
  Struktur Modal                                              Structure

  Peraturan Otoritas Jasa Keuangan No.35/POJK.05/2018         Financial Services Authority Regulation No.35 /
  tanggal 27 Desember 2018 tentang Penyelenggaraan            POJK.05 /2018 dated December 27, 2018 concerning
  Usaha Perusahaan Pembiayaan, Perseroan wajib                Financing Company Business Conduct, the Company
  memenuhi rasio permodalan paling sedikit sebesar            is required to meet a capital ratio of at least 10%. This
  10%. Rasio permodalan ini merupakan perbandingan            capital ratio is the ratio between adjusted capital and
  antara modal disesuaikan terhadap aset yang                 adjusted assets.
  disesuaikan.




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                                                                                                    Analisis dan
                                                                                         Pembahasan Manajemen
                                                                                      Management Discussion and Analysis




Rasio permodalan Perseroan pada tahun 2023 dan            The capital ratio of the Company in 2023 and 2022
2022 tercatat masing-masing sebesar 65,78% dan            was recorded at 65.78% and 64.06%, respectively.
64,06%.



Realisasi Penggunaan Dana Hasil Penawaran Umum
Realization of The Use of Proceeds from Public Offering

Berdasarkan Peraturan Otoritas Jasa Keuangan              Based on the Financial Services Authority Regulation
No.30/POJK.04/2015 tanggal 16 Desember 2015               No.30/POJK.04/2015 dated December 16, 2015
tentang Laporan Realisasi Penggunaan Dana Hasil           concerning the Report on the Realization of the Use
Penawaran Umum, Perseroan telah melaporkan                of Proceeds from the Public Offering, the Company
realisasi penggunaan dana hasil Penawaran Umum            has reported the realization of the use of the proceeds
Obligasi Berkelanjutan III Tahap II Tahun 2022.           from the Public Offering of Shelf Registration Bond
                                                          III Phase II Year 2022.

Rincian penggunaan dana hasil penawaran umum              Details of the use of proceeds from the Company’s
Perseroan ditunjukkan sebagai berikut:                    public offering are shown below:

                                                                                      (dalam miliaran rupiah/ in billion rupiah)

                              Nilai Realisasi Hasil Penawaran Umum                      Realisasi
                                                                         Rencana
                               Realization Value of Public Offering                   Penggunaan
                                                                      Penggunaan
                                              Proceeds                                 Dana untuk             Sisa Dana
                                                                       Dana untuk
                                                                                       Modal Kerja               Hasil
     Jenis                                                             Modal Kerja
                  Tanggal     Total Hasil       Biaya                                 Pembiayaan              Penawaran
  Penawaran                                                            Pembiayaan
                   Efektif    Penawaran      Penawaran      Hasil                     Realization of            Umum
    Umum                                                               Planned Use
                  Effective     Umum           Umum        Bersih                         Using               Remaining
 Type of Public                                                        of Proceeds
                    Date      Total Public     Cost of       Net                      Proceeds for              Public
    Offering                                                          for Financing
                               Offering        Public     Proceeds                      Financing              Offering
                                                                         Working
                               Proceeds       Offering      (Rp)                        Working                Proceeds
                                                                          Capital
                                 (Rp)           (Rp)                                     Capital
                                                                           (Rp)
                                                                                           (Rp)

Obligasi          30 Maret       800.000          2.231     797.769        797.927             797.769                       0
Berkelanjutan     2022
III Maybank
Finance Tahap     March 30,
II Tahun 2022     2022
dengan
Tingkat Bunga
Tetap
Shelf
Registration
Bond III
Maybank
Finance Phase
II Year 2022 at
a Fixed
Interest Rate




                                                                                                                                   129
Page 130
  Kebijakan dan Pembagian Dividen
  Policy and Dividend Distribution

  Pembagian dividen diputuskan berdasarkan kebijakan      Dividend distribution is decided based on the policies
  dalam Anggaran Dasar Perseroan, serta melalui           in the Company’s Articles of Association, and through
  persetujuan Pemegang Saham pada saat Rapat Umum         the approval of the Shareholders at the General
  Pemegang Saham (RUPS). Pembayaran dividen               Meeting of Shareholders (GMS). Dividend payments
  dilakukan dengan mempertimbangkan hal-hal berikut:      are made by considering the following matters:
      1. Kewajaran atas pembayaran dividen;                   1. Fairness of dividend payments;
      2. Memperhatikan kepentingan Perseroan;                 2. The interests of the Company;
      3. Laba ditahan hasil usaha dan keuangan yang           3. Retained earnings from positive operating and
         positif;                                                financial results;
      4. Kondisi likuiditas;                                  4. Liquidity conditions;
      5. Prospek usaha di masa depan (termasuk belanja        5. Future business prospects (including capital
         modal dan akuisisi); Kebutuhan kas;                     expenditures and acquisitions); Cash
                                                                 requirements;
      6. Kesempatan bisnis; dan                               6. Business opportunities; and
      7. Faktor lain yang dianggap relevan.                   7. Other factors that are considered relevant.

  Dalam Rapat Umum Pemegang Saham Tahunan yang            In the Annual General Meeting of Shareholders held
  diselenggarakan pada tanggal 30 Maret 2023,             on March 30, 2023, the Company determined the
  Perseroan menetapkan pembagian dividen tunai            distribution of cash dividends for the 2022 financial
  untuk tahun buku 2022 sebesar Rp176.185.830.000         year of Rp176,185,830,000 or 40% of the Company's
  atau 40% dari laba bersih Perseroan kepada para         net profit to shareholders.
  pemegang saham.



  Program Kepemilikan Saham Oleh
  Manajemen dan/atau Karyawan
  Management and/or Employees Share Ownership Program

  Sejak berdirinya Perseroan sampai saat ini, Perseroan   Since the Company’s establishment until now, the
  belum melaksanakan program kepemilikan saham            Company has not implemented an Employee Share
  bagi karyawan (Employee Share Ownership Plan/           Ownership Plan (ESOP) or Management Share
  ESOP) maupun bagi manajemen (Management Share           Ownership Plan (MSOP) program.
  Ownership Plan/ MSOP).



  Investasi Barang Modal
  Investment in Capital Goods

  Investasi barang modal bertujuan untuk mendukung        Investment in capital goods aims to support the
  kelancaran kegiatan operasional Perseroan. Investasi    Company’s smooth operation of the. Investments in
  barang modal yang dilakukan Perseroan selama 2          capital goods made by the Company during the last
  tahun terakhir ditunjukkan sebagai berikut:             2 years are shown as follows:




130    2023 Laporan Tahunan
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Page 131
                                                                                                    Analisis dan
                                                                                         Pembahasan Manajemen
                                                                                     Management Discussion and Analysis




                                                                                       (dalam jutaan rupiah/ in million rupiah)

                                                                                       Pertumbuhan
              Uraian                                                                      Growth
                                        2023              2022
            Description
                                                                              Rupiah                           %

 Kepemilikan Langsung Direct
 Ownership
 Bangunan                                          -                 -                         -                             -
 Building
 Prasarana Gedung                                 3                53                     (50)                   (94,34%)
 Building Infrastructure
 Peralatan Kantor                                318              363                     (45)                     (12,40%)
 Office Equipment
 Komputer dan Elektronik                       3.978              763                    3.215                     421,36%
 Computers and Electronics
 Inventaris Kantor                               57                48                         9                      18,75%
 Office Inventory
 Kendaraan Bermotor                            2.215             1.767                    448                       25,35%
 Motor vehicle
 Total                                         6.571           2.994                    3.577                       119,47%
 Total



Ikatan Material Terkait
Investasi Barang Modal Material
Commitment Related to Investment in Capital Good

Hingga akhir tahun 2023, Perseroan tidak memiliki         Until the end of 2023, the Company did not have any
ikatan material terkait investasi barang modal. Seluruh   material commitment related to capital goods
aktivitas investasi barang modal dalam bentuk             investment. All activities of capital goods investment
bangunan, peralatan kantor, komputer dan elektronik,      in the form of buildings, office facilities, office
inventaris kantor, serta kendaraan bermotor,              equipment, computer and electronic devices, office
menggunakan anggaran yang telah dialokasikan oleh         inventory, and motor vehicles used a budget allocated
Perseroan.                                                by the Company.



Informasi Material Terkait Investasi, Ekspansi,
Divestasi, Penggabungan/Peleburan Usaha,
Akuisisi, dan Restrukturisasi Utang/Modal
Material Information Regarding Investment, Expansion, Divestment,
Merger / Consolidation, Acquisition, and Debt / Capital Restructuring
Perusahaan tidak melakukan kegiatan investasi,            In 2023, the company did not carry out any activity
divestasi, penggabungan/peleburan usaha, akuisisi,        in investment, divestment, business merger/
atau restrukturisasi utang yang material selama tahun     consolidation, acquisition or material debt restructuring.
2023.




                                                                                                                                  131
Page 132
  Transaksi dengan Pihak Berelasi dan Transaksi
  yang Mengandung Benturan Kepentingan
  Transactions with Related Parties and
  Transactions Containing Conflict of Interest
  TRANSAKSI DENGAN PIHAK BERELASI                                      TRANSACTIONS WITH RELATED PARTIES

  Pada tahun 2023, Perseroan melakukan transaksi                       In 2023, the Company entered into transactions with
  dengan pihak berelasi. Seluruh transaksi yang dilakukan              related parties. All transactions carried out were in
  telah sesuai dengan prosedur yang memadai dan                        accordance with adequate procedures and carried
  dilaksanakan sesuai dengan praktik bisnis yang berlaku               out in accordance with generally accepted business
  umum dengan memenuhi prinsip transaksi yang wajar                    practices by complying with the arm’s-length principle.
  (arm's-length principle). Seluruh transaksi dengan                   All transactions with related parties will be reported
  pihak berelasi akan dilaporkan Direksi kepada Dewan                  by the Board of Directors to the Board of Commissioners
  Komisaris sehingga fungsi pengawasan juga diterapkan.                so that the supervisory function is also implemented.

  Perseroan melakukan transaksi dengan pihak berelasi                  The Company enters into transactions with various
  dengan berbagai pihak berelasi di bawah pengendalian                 related parties under the same control. The nature
  yang sama. Adapun sifat hubungan dan sifat transaksi                 of the relationship and the nature of the transaction
  dijelaskan sebagai berikut.                                          are described as follows.


                                                                                                          Frekuensi Transaksi
           Pihak Berelasi                   Sifat dari Hubungan                Sifat dari Transaksi
                                                                                                             Frequency of
           Related Parties                  Nature of Relations               Nature of Transaction
                                                                                                              Transaction

      PT Bank Maybank                 Pemegang Saham Mayoritas             Rekening giro dan             Berkelanjutan
      Indonesia Tbk                   Perseroan                            deposito berjangka, sewa      Continuous
                                      The majority shareholder of the      ruangan kantor, perjanjian
                                      Company                              pembiayaan bersama,
                                                                           piutang sewa pembiayaan,
                                                                           utang obligasi, utang bank,
                                                                           utang lain-lain, beban
                                                                           akrual, pendapatan bunga,
                                                                           dan beban pendanaan.
                                                                           Current accounts and time
                                                                           deposits, office space
                                                                           rental, joint financing
                                                                           agreement, finance lease
                                                                           receivables, bond payable,
                                                                           bank loans, other payable,
                                                                           accrued expenses, interest
                                                                           income, and financing cost.
      Malayan Banking Berhad          Pemegang Saham Utama PT              Utang obligasi                Berkelanjutan
                                      Bank Maybank Indonesia Tbk           Bond Payable                  Continuous
                                      The ultimate shareholder of PT
                                      Bank Maybank Indonesia Tbk
      PT Wahana Ottomitra             Hubungan Entitas Sepengendali        Fasilitas pembiayaan          Berkelanjutan
      Multiartha Tbk                  dengan Perseroan                     konsumen-kendaraan            Continuous
                                      Under common control with the        Consumer financing
                                      Company                              facilities-vehicles
      PT Maybank Sekuritas            Hubungan Entitas Sepengendali        Perseroan melakukan           Berkelanjutan
      Indonesia (sebelumnya PT        dengan Perseroan                     investasi dalam saham PT      Continuous
      Maybank Kim Eng                 Under common control with the        Maybank Sekuritas
      Sekuritas)                      Company                              Indonesia
                                                                           The Company invested in
                                                                           shares of PT Maybank
                                                                           Sekuritas Indonesia




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                                                                                                           Analisis dan
                                                                                                Pembahasan Manajemen
                                                                                          Management Discussion and Analysis




                                                                                                     Frekuensi Transaksi
     Pihak Berelasi                Sifat dari Hubungan                 Sifat dari Transaksi
                                                                                                        Frequency of
     Related Parties               Nature of Relations                Nature of Transaction
                                                                                                         Transaction

PT Asuransi Etiqa            Hubungan Entitas Sepengendali         Premi asuransi kerugian         Berkelanjutan
Internasional Indonesia      dengan Perseroan                      debitur dan utang obligasi      Continuous
                             Under common control with the         Debtor’s loss insurance
                             Company                               premium and bonds
                                                                   payable
Dewan Komisaris dan          Manajemen Kunci                       Perseroan menyediakan           Berkelanjutan
Direksi                      Key Management                        imbalan dan manfaat             Continuous
Board of Commissioner                                              berupa gaji dan
and Board of Director                                              kesejahteraan, serta
                                                                   imbalan kerja
                                                                   The Company provides
                                                                   salary and benefits in the
                                                                   form of salary and
                                                                   allowance, and
                                                                   employment benefit


Transaksi dengan Pihak Berelasi                             Transactions with Related Parties

                                                                                            (dalam jutaan rupiah/ in million rupiah)

                                                                                                 Pertumbuhan
                 Uraian                                                                             Growth
                                                  2023                2022
               Description
                                                                                       Rupiah                        %

                                                       Aset
                                                      Assets
                                               Kas dan Setara Kas
                                            Cash and Cash Equivalents
PT Bank Maybank Indonesia Tbk                        147.372             33.740            113.632                        336,79
Persentase terhadap Total Aset (%)                       1,82                0,46
Percentage to Total Assets (%)
                                      Piutang Pembiayaan Konsumen – Neto
                                      Consumer Financing Receivables – Net
PT Wahana Ottomitra Multiartha Tbk                    13.839              11.890                1.949                       16,39
Persentase terhadap Total Aset (%)                       0,17                0,16
Percentage to Total Assets (%)
                                               Investasi dalam Saham
                                                 Investment in Shares
PT Maybank Sekuritas Indonesia                      159.504             159.504                     -                             -
Persentase terhadap Total Aset (%)                       1,97                2,17
Percentage to Total Assets (%)
                                                     Liabilitas
                                                     Liabilities
                                                  Utang Obligasi
                                                  Bonds Payables
Malayan Banking Berhad (Maybank)                      71.424              73.327           (1.903)                         (2,60)
PT Bank Maybank Indonesia Tbk                         27.976              27.918                  58                          0,21
PT Asuransi Etiqa Internasional Indonesia                   -              2.499           (2.499)                     (100,00)
Persentase terhadap Total Liabilitas (%)                 2,27                2,65
Percentage to Total Liabilities (%)




                                                                                                                                       133
Page 134
                                                                                         (dalam jutaan rupiah/ in million rupiah)

                                                                                               Pertumbuhan
                       Uraian                                                                     Growth
                                                      2023              2022
                     Description
                                                                                      Rupiah                      %

                                                        Utang Bank
                                                        Bank Loans
      PT Bank Maybank Indonesia Tbk                        36.111         66.667        (30.556)                      (45,83)
      Persentase terhadap Total Liabilitas (%)               0,82              1,70
      Percentage to Total Liabilities (%)
                                                      Utang Lain-Lain
                                                      Other Payables
      PT Bank Maybank Indonesia Tbk                           88                171         (83)                      (48,54)
      PT Asuransi Etiqa Internasional Indonesia           11.894              8.875        3.019                        34,02
      Persentase terhadap Total Liabilitas (%)               0,27              0,23
      Percentage to Total Liabilities (%)
                                                       Beban Akrual
                                                     Accrued Expenses
                                                    Bunga Utang Obligasi
                                                  Interest on Bonds Payable
      Malayan Banking Berhad (Maybank)                        27                 8               19                    237,50
      PT Bank Maybank Indonesia Tbk                           39                 71            (32)                   (45,07)
      PT Asuransi Etiqa Internasional Indonesia                 -               24          (24)                       (0,00)
                                                     Bunga Utang Bank
                                                     Debt Interest Bank
      PT Bank Maybank Indonesia Tbk                           172                 -             172                   100,00
      Persentase terhadap Total Liabilitas (%)            0,005               0,003
      Percentage to Total Liabilities (%)
                                                        Pendapatan
                                                         Revenues
                                             Pendapatan Pembiayaan Konsumen
                                                Consumer Financing Income
      PT Wahana Ottomitra Multiartha Tbk                     1.611            1.027            584                       56,85
      Persentase terhadap Total Pendapatan (%)               0,15              0,10
      Percentage to Total Revenues (%)
                                                     Pendapatan Bunga
                                                      Interest Income
      PT Bank Maybank Indonesia Tbk                        1.805              1.425            380                       26,67
      PT Bank Maybank Indonesia Tbk
      Persentase terhadap Total Pendapatan (%)               0,16              0,14
      Percentage to Total Revenues (%)
                                                    Pendapatan Dividen
                                                     Dividend Income
      PT Maybank Sekuritas Indonesia                       11.010         16.500         (5.490)                      (33,27)
      Persentase terhadap Total Pendapatan (%)               1,00              1,59
      Percentage to Total Revenues (%)




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                                                                                                     Analisis dan
                                                                                          Pembahasan Manajemen
                                                                                       Management Discussion and Analysis




                                                                                        (dalam jutaan rupiah/ in million rupiah)

                                                                                             Pertumbuhan
                 Uraian                                                                         Growth
                                                   2023             2022
               Description
                                                                                    Rupiah                       %

                                                       Beban
                                                      Expenses
                                            Imbalan Kerja Jangka Pendek
                                            Short-Term Employee Benefits
Dewan Komisaris dan Direksi                            11.923            9.735            2.188                         22,48
Boards of Commissioners and Directors
Persentase terhadap Total Beban (%)                       2,26             2,07
Percentage to Total Expenses (%)
                                                  Beban Pendanaan
                                                 Financing Expenses
                                              Beban Bunga – Utang Bank
                                            Interest Expense – Bank Loans
PT Bank Maybank Indonesia Tbk                          2.983            4.904            (1.921)                      (38,17)
Persentase terhadap Total Beban (%)                       0,56              1,04
Percentage to Total Expenses (%)
                                               Beban Bunga Obligasi
                                               Bonds Interest Expense
Malayan Banking Berhad                                 3.739             5.259          (1.520)                      (28,90)
PT Bank Maybank Indonesia Tbk                          1.465            2.005            (540)                       (26,93)
PT Asuransi Etiqa Internasional Indonesia                    -              179           (179)                    (100,00)
Persentase terhadap Total Beban (%)                       0,99              1,58
Percentage to Total Expenses (%)



Perseroan juga melaksanakan kerja sama pembiayaan            The Company also carries out a financing partnership
dengan PT Bank Maybank Indonesia Tbk yang diakui             with PT Bank Maybank Indonesia Tbk whose obligations
kewajibannya sebagai bagian dari utang lain-lain             are recognized as part of other debts in the Statement
pada Laporan Posisi Keuangan.                                of Financial Position.

TRANSAKSI YANG MENGANDUNG                                    TRANSACTIONS CONTAINING CONFLICT OF
BENTURAN KEPENTINGAN                                         INTEREST
Sepanjang tahun 2023, Perseroan tidak melakukan              Throughout 2023, the Company did not conduct any
transaksi yang mengandung benturan kepentingan.              transaction containing conflict of interest. The Company
Perseroan melakukan transaksi dengan pihak berelasi          conducted transactions with related parties; however
namun seluruh transaksi yang dilakukan Perseroan             all transactions made by the Company did not cause
tidak menimbulkan benturan kepentingan, baik dengan          any conflict of interest, either with related parties or
pihak berelasi maupun pihak ketiga.                          with third parties.




                                                                                                                                   135
Page 136
  Perbandingan Target dan Realisasi 2023
  Comparison Between Target and Realization in 2023

                                                                                             (dalam jutaan rupiah/ in million rupiah)

                                                                                                               Pencapaian
                        Uraian                   Target Rencana Bisnis 2023        Realisasi 2023
                                                                                                               Achievement
                      Description                Business Plan Target in 2023    Realization in 2023
                                                                                                                   (%)

                                                       Kinerja Keuangan
                                                     Financial Performance
      Total Aset                                                        7.642                   8.077                      105,69
      Total Assets
      Total Liabilitas                                                 3.946                    4.377                       110,92
      Total Liabilities
      Total Ekuitas                                                    3.696                    3.700                        100,11
      Total Equity
      Pendapatan                                                         1.138                    1.100                      91,09
      Revenue
      Beban                                                              576                       528                       91,74
      Expenses
      Laba Sebelum Beban Pajak Penghasilan                               562                       572                      101,78
      Income before Income Tax Expense
      Beban Pajak Penghasilan                                             136                      503                       94,12
      Income Tax Expense
      Laba Tahun Berjalan                                                426                      444                      104,23
      Income of Current Year
      Total Penghasilan Komprehensif Tahun                               427                       443                      103,75
      Berjalan
      Total Comprehensive Income for the
      Year
      Piutang Sewa Pembiayaan - Neto                                    1.063                    1.666                      156,73
      Finance Lease Receivables - Net
      Piutang Pembiayaan Konsumen - Neto                               6.245                    5.989                       95,90
      Consumer Financing Receivables - Net
                                                   Rasio Keuangan (dalam %)
                                                     Financial Ratios (in %)
      Return on Equity (ROE)                                             12,12                   12,62                          0,5
      Return on Asset (ROA)                                              7,52                     7,76                        0,24
      Net Interest Margin (NIM)                                          6,59                      8,91                        2,32
      Beban Operasional - Pendapatan                                    59,81                   56,60                        (3,21)
      Operasional (BOPO)
      Operating Expenses - Operating
      Income (BOPO)
      Rasio Permodalan                                                 60,76                    65,78                         5,02
      Capital Ratio
      Rasio Liabilitas terhadap Total Aset (x)                           0,52                     0,54                        0,03
      Liabilities to Total Assets Ratio (x)
      Gearing Ratio (x)                                                 0,98                        1,14                       0,16



  Secara umum, kinerja Perseroan di tahun 2023 telah              Overall, the Company’s performance in 2023 has met
  memenuhi target yang telah ditetapkan pada kinerja              the targets set in financial performance. Fulfillment
  keuangan. Pemenuhan target dapat dilihat dari                   of targets can be seen from the achievement of total
  pencapaian total aset, total ekuitas, laba tahun                assets, total equity, income of the current year, ROE,
  berjalan, ROE, ROA, NIM, efisiensi biaya yang tercermin         ROA, NIM, cost efficiency that reflected in BOPO,
  pada BOPO, dan rasio permodalan.                                and capital ratio.




136        2023 Laporan Tahunan
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                                                                                                   Analisis dan
                                                                                        Pembahasan Manajemen
                                                                                     Management Discussion and Analysis




Prospek Usaha 2024
Business Prospect for 2024

Perekonomian dunia di tahun 2024 diperkirakan              The world economy in 2024 is expected to continue
masih terus dibayangi berbagai kondisi ketidakpastian      to be overshadowed by various global uncertainty
global mulai dari risiko pertumbuhan ekonomi Tiongkok      conditions ranging from the risk of weakening economic
dan Amerika Serikat yang melemah, geopolitik perang        growth in China and the United States, the geopolitics
Ukraina-Rusia dan konflik Palestina-Israel, fragmentasi    of the Ukraine-Russia war and the Palestinian-Israeli
ekonomi (antitesis dari integrasi ekonomi), volatilitas    conflict, economic fragmentation (the antithesis of
harga komoditas, ancaman perubahan iklim, kontraksi        economic integration), commodity price volatility,
PMI manufaktur global, serta meningkatnya harga            the threat of climate change, contraction of the global
minyak dunia. Berdasarkan laporan World Economic           manufacturing PMI, and rising world oil prices. Based
Outlook (WEO) yang diterbitkan IMF pada 10 Oktober         on the World Economic Outlook (WEO) report
2023, pertumbuhan ekonomi global di tahun 2024             published by the IMF on October 10, 2023, global
akan mencapai sebesar 2,9% turun 0,1% dari proyeksi        economic growth in 2024 will reach 2.9%, down 0.1%
pertumbuhan ekonomi global tahun 2023 yang                 from the projected global economic growth in 2023
mencapai sebesar 3%. Kondisi global tersebut, tentu        which reached 3%. These global conditions can certainly
dapat memberikan dampak yang signifikan pada               have a significant impact on the Indonesian economy
perekonomian Indonesia sehingga pemerintah,                so that the government, regulators, industry players
regulator, pelaku industri dan pemangku kepentingan        and other stakeholders need to prepare anticipatory
lainnya perlu menyiapkan langkah antisipatif.              steps.

Berdasarkan proyeksi dari beberapa lembaga, sebagian       Based on projections from several institutions, most
besar memprediksikan bahwa pertumbuhan ekonomi             predict that Indonesia’s economic growth in 2024
Indonesia tahun 2024 masih tetap stabil di kisaran         will remain stable at around 5%, higher than the
5%, lebih tinggi dari proyeksi pertumbuhan ekonomi         projected global economic growth above which
global di atas yang mencapai sebesar 2,9%. Beberapa        reached 2.9%. Some institutions that have projected
lembaga yang telah memproyeksikan besaran                  the amount of Indonesia’s economic growth in 2024
pertumbuhan perekonomian Indonesia tahun 2024              include the World Bank at 4.9%, ADB and IMF at 5.0%
antara lain Bank Dunia sebesar 4,9%, ADB dan IMF           and OECD at 5.2% [5]. The Government of Indonesia
sebesar 5,0% serta OECD sebesar 5,2%[5]. Adapun            has set a target for Indonesia’s economic growth in
Pemerintah Indonesia telah menetapkan target               2024 of 5.2%. In addition to preparing anticipatory
pertumbuhan ekonomi Indonesia tahun 2024 sebesar           measures for external conditions, namely global
5,2%. Selain menyiapkan langkah antisipatif atas kondisi   uncertainty, to achieve the economic growth target,
eksternal yaitu ketidakpastian global untuk mencapai       the government must also be aware of domestic
target pertumbuhan ekoonomi tersebut, pemerintah           challenges. These challenges include an increase in
juga harus mewaspadai tantangan dari domestik.             domestic interest rates, national food security, a
Tantangan tersebut antara lain kenaikan suku bunga         weakening rupiah exchange rate, and domestic political
dalam negeri, ketahanan pangan nasional, pelemahan         conditions ahead of the 2024 elections.
nilai tukar rupiah, dan kondisi politik dalam negeri
menjelang pelaksanaan Pemilu tahun 2024.

Proyeksi perekonomian Indonesia yang masih stabil          The projection of Indonesia’s economy remaining
di angka 5% pada 2024 tersebut akan menjadi sentimen       stable at 5% in 2024 will be a positive sentiment for
positif bagi industri pembiayaan. Terlebih lagi,           the financing industry. Moreover, the electric vehicle
ekosistem kendaraan listrik menjadi pasar yang sangat      ecosystem is a very large and potential market for
besar dan potensial untuk berkembang Indonesia.            Indonesia to develop. The nickel reserves that can be
Cadangan nikel yang dapat dikembangkan membuat             developed make the industrialization of electric
industrialisasi kendaraan listrik tidak hanya berpotensi   vehicles not only have great potential on the
besar di sisi hilir, melainkan juga di hulu. Asosiasi      downstream side, but also on the upstream. The
Perusahaan Pembiayaan Indonesia (APPI) memproyeksi         Indonesian Financial Services Association (APPI)
bisnis pembiayaan multifinance bisa tumbuh 10-11%          projects that the multifinance financing business
pada 2024, meski penurunan daya beli masyarakat            could grow by 10-11% by 2024, although the decline
masih harus diwaspadai.                                    in people’s purchasing power must still be watched
                                                           out for.




                                                                                                                      137
Page 138
  Proyeksi 2024
  Projection for 2024

                                                                                        (dalam jutaan rupiah/ in million rupiah)

                        Uraian                       Realisasi 2023               Proyeksi Rencana Bisnis 2024
                      Description                  Realization in 2023            Projected Business Plan in 2024

                                                   Kinerja Keuangan
                                                 Financial Performance
      Total Aset                                                         8.077                                          8.295
      Total Assets
      Total Liabilitas                                                   4.377                                         4.345
      Total Liabilities
      Total Ekuitas                                                      3.700                                         3.950
      Total Equity
      Pendapatan                                                         1.100                                           1.372
      Revenue
      Beban                                                               528                                             784
      Expenses
      Laba Sebelum Beban Pajak Penghasilan                                572                                             588
      Income before Income Tax Expense
      Beban Pajak Penghasilan                                             503                                              144
      Income Tax Expense
      Laba Tahun Berjalan                                                 444                                             444
      Income for the Year
      Total Penghasilan Komprehensif Tahun                                443                                             444
      Berjalan
      Total Comprehensive Income for the
      Year
      Piutang Sewa Pembiayaan - Neto                                     1.666                                           1.773
      Finance Lease Receivables – Net
      Piutang Pembiayaan Konsumen - Neto                                 5.989                                          5.957
      Consumer Financing Receivables – Net
                                                   Rasio Keuangan
                                                    Financial Ratio
      Return on Equity (ROE)                                             12,62                                           11,23
      Return on Asset (ROA)                                               7,76                                           7,09
      Net Interest Margin (NIM)                                           8,91                                            9,57
      Beban Operasional - Pendapatan                                     56,60                                         59,06
      Operasional (BOPO)
      Operating Expenses – Operating
      Income (BOPO)
      Rasio Permodalan                                                   65,78                                         62,42
      Capital Ratio
      Rasio Liabilitas terhadap Total Aset (x)                            0,54                                           0,52
      Liabilities to Total Assets Ratio (x)
      Gearing Ratio (x)                                                    1,14                                           1,05




138        2023 Laporan Tahunan
                          Annual Report
Page 139
                                                                                                 Analisis dan
                                                                                      Pembahasan Manajemen
                                                                                   Management Discussion and Analysis




Perubahan Peraturan Perundang-undangan
yang Berpengaruh Signifikan bagi Perusahaan
Amendment to Laws and Regulations
Affecting The Company Significantly

Sepanjang 2023, tidak terdapat perubahan peraturan      There is no amendment to laws and regulations with
perundang-undangan yang berpengaruh signifikan          significant affecting the Company significantly in
terhadap Perseroan.                                     2023.



Perubahan Kebijakan Akuntansi
Changes in Accounting Policy

Berikut perubahan kebijakan akuntansi yang efektif      Following is the changes to accounting policies that
berlaku sejak tanggal 1 Januari 2023 dan relevan        were effective from January 1, 2023 and are relevant
dengan Perseroan:                                       to the Company:

   •   Amandemen PSAK No. 1: Penyajian Laporan             •   Amendment to SFAS No. 1: Presentation of
       Keuangan tentang Pengungkapan Kebijakan                 Financial Statements on Disclosure of
       Akuntansi.                                              Accounting Policies.
   •   Amandemen PSAK No. 25: Kebijakan Akuntansi,         •   Amendment to SFAS No. 25: Accounting
       Perubahan Estimasi Akuntansi, dan Kesalahan             Policies, Changes in Accounting Estimates,
       terkait Definisi Estimasi Akuntansi.                    and Errors related to the Definition of Accounting
                                                               Estimates.
   •   Amandemen PSAK No. 46: Pajak Penghasilan            •   Amendment to SFAS No. 46: Income Taxes on
       tentang Pajak Tangguhan terkait Aset dan                Deferred Tax related to Assets and Liabilities
       Liabilitas yang Timbul dari Transaksi Tunggal.          Arising from a Single Transaction.
   •   Amandemen PSAK No. 16: Aset Tetap – Hasil           •   Amendment to SFAS No. 16: Fixed Assets -
       Sebelum Penggunaan yang Diintensifkan.                  Proceeds Before Intended Use.



Informasi Material Setelah
Tanggal Laporan Keuangan
Material Information After The Date of Financial Statement

Tidak terdapat peristiwa material yang terjadi di       There are no material events that occurred after the
Perseroan setelah tanggal Laporan Keuangan.             date of the Financial Statements.




                                                                                                                    139
Page 140

          
Page 141
   TATA KELOLA
   PERUSAHAAN
Good Corporate Governance
Page 142
  Maybank Finance memiliki komitmen penuh untuk         Maybank Finance is fully committed to implementing
  menerapkan prinsip Tata Kelola Perusahaan yang        Good Corporate Governance (GCG) principles in
  Baik (Good Corporate Governance/GCG) agar mampu       order to maintain the trust of stakeholders, achieve
  menjaga kepercayaan para pemangku kepentingan,        superior performance, and grow sustainably.
  mencapai kinerja yang unggul, dan tumbuh secara
  berkelanjutan.

  GCG bagi Perseroan bukan hanya sebagai bentuk         GCG for the Company is not only a form of compliance
  kepatuhan terhadap peraturan perundang-undangan       with laws and regulations, but also has become a
  semata, tetapi juga telah menjadi budaya kerja dan    work culture and code of conduct in carrying out
  pedoman perilaku dalam menjalankan kegiatan rutin     routine business activities. The Company always
  dalam berbisnis. Perseroan senantiasa mengikuti       follows the development of the best GCG practices
  perkembangan praktik GCG terbaik yang relevan dan     that are relevant and in accordance with the needs
  sesuai dengan kebutuhan Perseroan untuk mendorong     of the Company to achieve its vision and mission.
  pencapaian visi dan misinya.



  Komitmen Penerapan Tata Kelola Perusahaan
  Commitment to The Implementation of Good Corporate Governance

  Perseroan senantiasa menerapkan prinsip-prinsip       The Company continuously implementing GCG
  GCG dan secara konsisten mengedepankan etika,         principles and consistently prioritizing ethics, also
  serta integritas dalam pengelolaan Perseroan dengan   integrity in managing the Company with the aim of
  tujuan untuk mendorong peningkatan kinerja,           encouraging performance improvement, providing
  memberikan jaminan pemenuhan hak-hak pemangku         guarantees for the fulfilment of the rights of
  kepentingan, dan meningkatkan kepatuhan terhadap      stakeholders, and increasing compliance with laws
  peraturan perundang-undangan. Penerapan GCG           and regulations. The consistent implementation of
  yang konsisten dan berkelanjutan diharapkan dapat     GCG is expected to improve company performance
  meningkatkan kinerja perusahaan, serta memberikan     and provide added value for stakeholders.
  nilai tambah bagi pemangku kepentingan.

  Maybank Finance sudah menerapkan GCG secara           Maybank Finance implements GCG in an integrated
  terintegrasi dengan Bank Maybank sebagai induk        manner with Bank Maybank as the parent company
  perusahaan dan oleh karenanya melakukan pelaporan     and therefore regularly reports GCG to Bank Maybank.
  GCG secara berkala kepada Bank Maybank.

  DASAR HUKUM PENERAPAN GCG                             LEGAL BASIS FOR
                                                        THE IMPLEMENTATION OF GCG
  Penerapan GCG di lingkungan Perseroan berpedoman      The application of CGC in the Company’s environment
  pada ketentuan-ketentuan berikut:                     is guided by the following provisions:
     1. Undang-Undang Republik Indonesia No.40              1. The Law of the Republic of Indonesia No.40
        tahun 2007 tentang Perseroan Terbatas;                 year 2007 on Limited Liability Companies;
     2. Peraturan Otoritas Jasa Keuangan No.33/             2. Financial Services Authority Regulation No.33/
        POJK.04/2014 tentang Direksi dan Dewan                 POJK.04/2014 on the Board of Directors and
        Komisaris Emiten atau Perusahaan Publik;               Commissioners of Issuer or Public Company;
     3. Peraturan Otoritas Jasa Keuangan No.35/             3. Financial Services Authority Regulation No.35/
        POJK.04/2014 tentang Sekretaris Perusahaan             POJK.04/2014 on Corporate Secretary of Issuer
        Emiten atau Perusahaan Publik;                         or Public Company;




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                                                                                  Good Corporate Governance




4. Peraturan Otoritas Jasa Keuangan No.31/           4. Financial Services Authority Regulation No.31/
    POJK.04/2015 tentang Keterbukaan atas               POJK.04/2015 on Transparency of Information
    Informasi atau Fakta Material oleh Emiten atau      or Material Facts by Issuer or Public Company;
    Perusahaan Publik;
5. Peraturan Otoritas Jasa Keuangan No.29/           5. Financial Services Authority Regulation No.29/
    POJK.04/2016 tentang Laporan Tahunan Emiten          POJK.04/2016 on the Annual Report of Issuer
    atau Perusahaan Publik;                              or Public Company;
6. Peraturan Otoritas Jasa Keuangan No.35/           6. Financial Services Authority Regulation No.35/
    POJK.05/2018 tentang Penyelenggaraan Usaha           POJK.05/2018 on the Implementation of the
    Perusahaan Pembiayaan;                               Financing Companies Business;
7. Peraturan Otoritas Jasa Keuangan No.10/           7. Financial Services Authority Regulation No.10/
    POJK.05/2019 tentang Penyelenggaraan Usaha           POJK.05/2019 on Administration of Sharia
    Perusahaan Pembiayaan Syariah dan Unit               Financing Company Business and Sharia
    Usaha Syariah Perusahaan Pembiayaan;                 Business Units of Financing Companies;
8. Peraturan Otoritas Jasa Keuangan No. 47/          8. Financial Services Authority Regulation No.
    POJK.05/2020 tentang Perizinan Usaha dan             47/POJK.05/2020 concerning Business
    Kelembagaan Perusahaan Pembiayaan dan                Licensing and Institutional Financing Companies
    Perusahaan Pembiayaan Syariah;                       and Sharia Financing Companies;
9. Peraturan Otoritas Jasa Keuangan No. 29/          9. Financial Services Authority Regulation No.
    POJK.05/2020 tentang Perubahan Atas                  29/POJK.05/2020 concerning Amendments
    Peraturan Otoritas Jasa Keuangan Nomor 30/           to the Financial Services Authority Regulation
    POJK.05/2014 tentang Tata Kelola Perusahaan          Number 30/POJK.05/2014 concerning Good
    Yang Baik Bagi Perusahaan Pembiayaan;                Corporate Governance;
10. Surat Edaran Otoritas Jasa Keuangan No.16/       10. Circular of Financial Services Authority No.16/
    SEOJK.04/2021 tentang Bentuk dan Isi Laporan         SEOJK.04/2021 on the Form and Content of
    Emiten atau Perusahaan Publik;                       the Report of Issuer or Public Company;
11. Anggaran Dasar Perseroan; dan                    11. The Company’s Article of Association; and
12. Pedoman Tata Kelola Perusahaan yang baik         12. The Company’s Guideline for Good Corporate
    Perseroan.                                           Governance.




                                                                                                          143
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  PENERAPAN PRINSIP GCG                                               IMPLEMENTATION OF GCG PRINCIPLES

  Komitmen Perseroan dalam melaksanakan GCG                           The Company's commitment to GCG is reflected in
  tercermin dari setiap pelaksanaan kegiatan usaha                    every implementation of business activities based on
  yang dilandasi dengan prinsip- prinsip GCG yang                     GCG principles which have changed from 5 (five)
  telah berubah dari 5 (lima) prinsip yaitu Transparansi,             principles of Transparency, Accountability,
  Akuntabilitas, Responsibilitas, Independensi, dan                   Responsibility, Independence and Fairness (TARIF) .
  Kewajaran (TARIF). Komitmen Perseroan dalam                         The Company's commitment in implementing each
  menerapkan masing-masing prinsip GCG dijabarkan                     GCG principle is described as follows:
  sebagai berikut:


              Prinsip GCG                                               Komitmen Perseroan
             GCG Principles                                          The Company’s Commitment

      Perilaku Beretika                Perseroan senantiasa mengedepankan kejujuran, memperlakukan semua pihak dengan
      Ethical Behaviour                hormat (respect), memenuhi komitmen, membangun, serta menjaga nilai-nilai moral,
                                       dan kepercayaan secara konsisten dalam melaksanakan kegiatannya. Selain itu, Perseroan
                                       juga memperhatikan kepentingan pemegang saham dan pemangku kepentingan
                                       lainnya berdasarkan asas kewajaran dan kesetaraan (fairness), serta dikelola secara
                                       independen sehingga masing-masing organ Perseroan tidak saling mendominasi dan
                                       tidak dapat diintervensi oleh pihak lain.
                                       The Company always prioritizes honesty, treats all parties with respect, fulfills commitments,
                                       builds and maintains moral values, and trust consistently in carrying out its activities.
                                       The Company pays attention to the interests of shareholders and other stakeholders
                                       based on the principles of fairness and equality and is managed independently so that
                                       each organ of the Company does not dominate each other and cannot be intervened
                                       by other parties.
      Transparansi                     Memberikan informasi secara transparan kepada Pemegang Saham dan seluruh
      Transparency                     pemangku kepentingan terkait kinerja dan kegiatan usaha perusahaan. Perseroan
                                       menerapkan keterbukaan informasi dalam proses pengambilan keputusan dan
                                       pengungkapan informasi yang dianggap penting dan relevan.
                                       Provide information transparently to Shareholders dan all stakeholders regarding the
                                       performance and business activities of company. The Company implements transparency
                                       of information in the decision making process and disclosure of important and relevant
                                       information.
      Akuntabilitas                    Menetapkan kejelasan fungsi, struktur, sistem, dan pertanggungjawaban masing-masing
      Accountability                   organ dalam Perseroan sehingga pengelolaan Perseroan dapat terlaksana secara efektif
                                       dan efisien.
                                       Establish clarity in the function, structure, system, and responsibility of each organ in
                                       the Company, so that the management of the Company can be carried out effectively
                                       and efficiently.
      Keberlanjutan                    Perseroan mematuhi peraturan perundang-undangan serta berkomitmen melaksanakan
      Sustainability                   tanggung jawab terhadap masyarakat dan lingkungan agar berkontribusi pada
                                       pembangunan berkelanjutan melalui kerja sama dengan semua pemangku kepentingan
                                       terkait untuk meningkatkan kehidupan mereka dengan cara yang selaras dengan
                                       kepentingan bisnis dan agenda pembangunan berkelanjutan.
                                       The Company complies with laws and regulations and is committed to carrying out its
                                       responsibilities towards society and the environment in order to contribute to sustainable
                                       development by working with all relevant stakeholders to improve their lives in a way
                                       that is aligned with business interests and the sustainable development agenda.




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                                                                                                  Good Corporate Governance




PENILAIAN PENERAPAN GCG                                         ASSESSMENT OF GCG IMPLEMENTATION

Perseroan secara berkala melakukan evaluasi terhadap            The Company periodically evaluates the implementation
penerapan GCG untuk memperoleh penilaian objektif               of GCG to obtain an objective assessment of the
mengenai penerapan GCG di Perseroan. Penilaian                  implementation of GCG in the Company. GCG
GCG di Perseroan dilakukan oleh internal Perseroan              assessment in the Company is carried out by the
menggunakan metode penilaian sendiri.                           Company internally using the self-assessment method.


                                                                             Pencapaian Tahun 2023
                                                                  Bobot       Achievement in 2023
                  Aspek Penilaian GCG                                                 (%)                   Predikat
                                                                  Weight
                 GCG Assessment Aspect                                                                      Predicate
                                                                   (%)        Skor       Pencapaian
                                                                              Score      Achievement

Pelaksanaan tugas dan tanggung jawab Direksi dan Dewan            30,00       26,50         88,33         Sangat Baik
Komisaris                                                                                                 Very Good
Implementation of the duties and responsibilities of the
Board of Directors and the Board of Commissioners
Kelengkapan dan pelaksanaan tugas Komite Audit atau                5,00       4,80          96,00         Sangat Baik
fungsi yang membantu Dewan Komisaris                                                                      Very Good
Completeness and implementation of the duties of the Audit
Committee or functions that assist the Board of Commissioners
Penerapan fungsi kepatuhan, auditor internal, dan auditor          7,50        6,75         90,00         Sangat Baik
eksternal                                                                                                 Very Good
Implementation of compliance functions, internal auditors,
and external auditors
Penerapan manajemen risiko dan sistem pengendalian                 10,00       9,55          9,55         Sangat Baik
internal                                                                                                  Very Good
Implementation of risk management and internal control
system
Penerapan kebijakan remunerasi dan fasilitas lain                  2,50        2,29         91,60         Sangat Baik
Implementation of remuneration policies and other facilities                                              Very Good
Transparansi kondisi keuangan dan non-keuangan perusahaan          15,00      13,30         88,66         Sangat Baik
Transparency of the company's financial and non-financial                                                 Very Good
conditions
Rencana jangka panjang serta rencana kerja dan anggaran            7,50        7,50         100,00        Sangat Baik
tahunan                                                                                                   Very Good
Long term plan and annual work plan and budget
Pengungkapan kepemilikan saham                                     5,00       5,00          100,00        Sangat Baik
Share ownership disclosure                                                                                Very Good
Hubungan keuangan dan hubungan keluarga bagi Direksi               2,50        2,50         100,00        Sangat Baik
Financial and family relationships for the Board of Directors                                             Very Good
Hubungan keuangan dan hubungan keluarga bagi Dewan                 2,50        2,50         100,00        Sangat Baik
Komisaris                                                                                                 Very Good
Financial and family relationships for the Board of
Commissioners
Pengungkapan hal-hal penting lainnya                               12,50      12,05        96,400         Sangat Baik
Other important disclosures                                                                               Very Good
 Nilai Peringkat Komposit                                                               92,74
 Composite Rating Value
 Predikat                                                                             Sangat Baik
 Predicate                                                                             Very Good




                                                                                                                          145
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                                                                               Pencapaian Tahun 2023
                                                                      Bobot     Achievement in 2023
            Aspek Penilaian GCG (Unit Usaha Syariah)                                    (%)              Predikat
                                                                      Weight
           GCG Assessment Aspect (Sharia Business Unit)                                                  Predicate
                                                                       (%)     Skor       Pencapaian
                                                                               Score      Achievement

      Pelaksanaan tugas dan tanggung jawab Direksi, Dewan             37,50    32,50          86,66     Sangat Baik
      Komisaris, dan Dewan Pengawas Syariah                                                             Very Good
      Implementation of the duties and responsibilities of the
      Board of Directors, Board of Commissioners and Sharia
      Supervisory Board
      Kelengkapan dan pelaksanaan tugas Komite Audit atau              5,00    4,70               94    Sangat Baik
      fungsi yang membantu Dewan Komisaris dalam memantau                                               Very Good
      dan memastikan efektivitas sistem pengendalian internal
      Completeness and implementation of the duties of the Audit
      Committee or functions that assist the Board of Commissioners
      in monitoring and ensuring the effectiveness of the internal
      control system
      Penerapan fungsi kepatuhan, auditor internal, dan auditor        5,00    4,50               90    Sangat Baik
      eksternal                                                                                         Very Good
      Implementation of compliance functions, internal auditors,
      and external auditors
      Penerapan manajemen risiko dan sistem pengendalian              10,00    9,55           95,5      Sangat Baik
      internal                                                                                          Very Good
      Implementation of risk management and internal control
      system
      Penerapan kebijakan remunerasi dan fasilitas lain                2,50    2,29           91,60     Sangat Baik
      Implementation of remuneration policies and other facilities                                      Very Good
      Transparansi kondisi keuangan dan non-keuangan perusahaan       15,00    13,05              87    Sangat Baik
      Transparency of the company's financial and non-financial                                         Very Good
      conditions
      Rencana jangka panjang serta rencana kerja dan anggaran          7,50    7,50               100   Sangat Baik
      tahunan                                                                                           Very Good
      Long term plan and annual work plan and budget
      Pengungkapan kepemilikan saham anggota Direksi dan               2,50    2,50               100   Sangat Baik
      Dewan Komisaris yang mencapai 50% (lima puluh persen)                                             Very Good
      atau lebih
      Disclosure of share ownership of members of the Board of
      Directors and Board of Commissioners reaching 50% (fifty
      percent) or more
      Hubungan keuangan dan hubungan keluarga bagi Direksi             2,50    2,50               100   Sangat Baik
      Financial and family relationships for the Board of Directors                                     Very Good
      Hubungan keuangan dan hubungan keluarga bagi Dewan               2,50    2,50               100   Sangat Baik
      Komisaris                                                                                         Very Good
      Financial and family relationships for the Board of
      Commissioners
      Pengungkapan hal-hal penting lainnya kepada OJK                 10,00    9,63           96,3      Sangat Baik
      Disclosure of other important matters to OJK                                                      Very Good
      Nilai Peringkat Komposit                                                            91,22
      Composite Rating Value
      Predikat                                                                         Sangat Baik
      Predicate                                                                         Very Good




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KRITERIA YANG DIGUNAKAN DALAM                         CRITERIA USED IN THE GCG ASSESSMENT
PENILAIAN PENERAPAN GCG

Kriteria penilaian penerapan GCG yang disusun oleh,   The criteria for assessing the implementation of GCG
Perseroan mengacu pada Surat Edaran Otoritas Jasa     is prepared by the Company by referring to the
Keuangan No.15/ SEOJK.05/2016 tentang Laporan         Financial Services Authority Circular Letter No.15/
Penerapan Tata Kelola Perusahaan yang Baik bagi       SEOJK.05/2016 concerning the Report on the
Perusahaan Pembiayaan.                                Implementation of Good Corporate Governance for
                                                      Financing Companies.

Adapun kriteria yang digunakan dalam penilaian,       The criteria used in the assessment are:
yaitu:
   1. Pelaksanaan tugas dan tanggung jawab Direksi       1. Implementation of the duties and responsibilities
       dan Dewan Komisaris;                                 of the Board of Directors and the Board of
                                                            Commissioners;
   2. Kelengkapan dan pelaksanaan tugas Komite           2. Completeness and implementation of the Audit
       Audit atau fungsi yang membantu Dewan                Committee’s duties or functions that assist the
       Komisaris;                                           Board of Commissioners;
   3. Penerapan fungsi kepatuhan, auditor internal,      3. Implementation of the compliance function,
       dan auditor eksternal;                               internal auditor, and external auditor;
   4. Penerapan manajemen risiko dan sistem              4. Implementation of risk management and internal
       pengendalian internal;                               control systems;
   5. Penerapan kebijakan remunerasi dan fasilitas       5. Implementation of remuneration policies and
       lain;                                                other facilities;
   6. Transparansi kondisi keuangan dan non-             6. Transparency of the company’s financial and
       keuangan perusahaan;                                 non-financial conditions;
   7. Rencana jangka panjang serta rencana kerja         7. Long-term and annual work plan and budget;
       dan anggaran tahunan;
   8. Pengungkapan kepemilikan saham;                    8. Disclosure of shareholding;
   9. Hubungan keuangan dan hubungan keluarga            9. Financial and family relations for the Board
       bagi Direksi;                                         Directors;
   10. Hubungan keuangan dan hubungan keluarga           10. Financial and family relations for the Board of
       bagi Dewan Komisaris; dan                             Commissioners; and
   11. Pengungkapan hal-hal penting lainnya.             11. Disclosure of other important matters.




                                                                                                              147
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  Struktur Tata Kelola Perusahaan
  Corporate Governance Structure

  Guna mencapai keberhasilan pelaksanaan GCG,              In order to achieve the successful implementation of
  organ-organ penting dalam struktur GCG memiliki          GCG, the important organs in the GCG structure have
  peran tersendiri secara independen sesuai dengan         their own roles independently in accordance with the
  ketentuan dan regulasi yang berlaku.                     applicable rules and regulations.

  Struktur GCG Perseroan ditampilkan dalam bagan           The Company’s GCG structure is shown in the following
  sebagai berikut:                                         chart:




                                           Rapat Umum Pemegang Saham
                                           General Meeting of Shareholders




                                                   Dewan Komisaris                          Direksi
                                                Board of Commissioners                 Board of Directors


      Dewan Pengawas Syariah
      Sharia Supervisory Board




                              Komite Nominasi          Komite                                     Komite Pengarah
                                                                         Komite Manajemen
  Komite Audit                dan Remunerasi      Pemantau Risiko                                Teknologi Informasi
                                                                                Risiko
                              Nomination and
                                                  Risk Supervisory                                   Information
 Audit Committee               Remuneration                               Risk Management
                                                     Committee                                   Technology Steering
                                Committee                                    Committee
                                                                                                     Committee




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Pemegang Saham
Shareholders

Pemegang saham adalah entitas yang memiliki saham    Shareholder is an entity that holds an equity stake in
di sebuah perusahaan, sehingga menjadi pemilik       a given company, thus become the owner of company
perusahaan dan pemegang posisi tertinggi dalam       and hold the highest position in decision making.
pengambilan keputusan.

Sesuai peraturan di Indonesia, yang dapat menjadi    According to Indonesian regulations, those who can
pemegang saham di sebuah perusahaan adalah:          become shareholders in a company are:
   • Perorangan;                                        • An individual;
   • Badan Hukum; atau                                  • A legal entity; or
   • Yayasan/koperasi.                                  • A foundation/cooperative.

Pemegang saham tidak bertanggung jawab secara        Shareholders are not personally liable for any of the
pribadi atas segala perkara hukum perusahaan.        company’s legal relationships. Shareholders are also
Pemegang saham juga tidak bertanggung jawab atas     not liable for the company’s losses that exceed the
kerugian perusahaan yang melebihi nilai saham yang   value of the shares they own.
dimilikinya.

HAK DAN TANGGUNG JAWAB                               THE RIGHTS AND RESPONSIBILITIES OF
PEMEGANG SAHAM                                       SHAREHOLDERS
Para pemegang saham memiliki hak untuk memberikan    Shareholders have the right to vote on certain matters
suara pada hal-hal tertentu yang berkaitan dengan    with regard to the company and to be elected to a
perusahaan dan juga berhak untuk dipilih menjadi     seat on the Board of Directors.
anggota Direksi.

Hak pemegang saham antara lain:                      The rights of the shareholders, among others:
  1. Menghadiri RUPS;                                   1. Attending the GMS;
  2. Mengusulkan mata acara RUPS sesuai ketentuan       2. Proposing agenda for GMS, in accordance to
     yang berlaku;                                          prevailing regulations;
  3. Menerima rilis materi RUPS sebelum RUPS            3. Receiving the release of GMS materials before
     dimulai;                                               the GMS starts;
  4. Mendapatkan kesempatan untuk mengajukan            4. Receiving the opportunity to raise questions
     pertanyaan dan/atau memberikan pendapat                and/or express opinions on each GMS agenda;
     atas setiap mata acara RUPS;
  5. Dapatkan perlakuan yang sama;                      5. Receiving equal treatment;
  6. Memberikan suara dalam RUPS;                       6. Voting at the GMS;
  7. Mengusulkan calon anggota Dewan Komisaris          7. Nominating candidates for the Board of
     dan/atau Direksi;                                      Commissioners and/or the Board of Directors;
  8. Mengusulkan pengangkatan anggota Direksi           8. Proposing the appointment of member of the
     untuk menggantikan anggota Direksi yang                Board of Directors to replace members of the
     diberhentikan atau karena ada posisi kosong            Board that are dismissed or vacant opportunity
     pada Direksi, atau untuk meningkatkan jumlah           in the position of Board of Directors; or to
     anggota Direksi;                                       increase the number of members of the Board
                                                            of Directors;
   9. Memberhentikan anggota Dewan Komisaris            9. Dismissing members of the Board of
       sebelum masa jabatan berakhir;                       Commissioners at any time before ending term;
   10. Setiap saat, mengangkat anggota Dewan            10. At all times, appoint a member of the Board of
       Komisaris untuk menggantikan anggota yang            Commissioners to replace members of the Board
       diberhentikan, atau karena adanya lowongan           of Commissioners who are dismissed, or based
       posisi Dewan Komisaris, atau untuk menambah          on vacant opportunity in the Board of
       jumlah anggota Dewan Komisaris yang ada;             Commissioners, or to increase the number of
                                                            existing members of the Board of Commissioners;




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      11. Menerima pembayaran dividen sesuai prosedur        11. Receiving dividend payments in accordance
          dan ketentuan yang berlaku;                            with applicable procedures and conditions;
      12. Menjalankan hak dan/atau kewenangan lain           12. Executing other rights and/or authorities
          sesuai Anggaran Dasar dan peraturan                    pursuant to the Articles of Association and
          perundang-undangan yang berlaku, termasuk              applicable laws and regulations, including the
          hak untuk ikut serta dalam hal pemberian izin          right to participate in case of authorizing the
          penambahan modal, perubahan Anggaran                   increase of capital, amend the Company’s
          Dasar Perseroan, dan pengalihan seluruh atau           Articles of Association, and transfer all or part
          sebagian kekayaan yang menyebabkan                     of assets that cause the sale of the company.
          penjualan perusahaan.

  Pemegang Saham juga memiliki tanggung jawab lain,       They also have other responsibilities, which include:
  di antaranya adalah:
      1. Membahas dan memutuskan wewenang yang               1. Discussing and deciding the powers to be
         akan diberikan kepada Direksi Perusahaan,              bestowed upon the Company’s Board of
         termasuk mengangkat dan memberhentikan                 Directors, including appointing and removing
         mereka dari jabatannya;                                them from office;
      2. Memutuskan remunerasi yang diterima oleh            2. Deciding on how much the Board of Directors
         Direksi;                                               receive for their salary;
      3. Mengambil keputusan atas hal-hal yang tidak         3. Making decisions on instances the Board of
         memiliki kekuasaan Direksi, termasuk membuat           Directors have no power over, including making
         perubahan pada konstitusi perusahaan; dan              changes to the company’s constitution; and
      4. Memeriksa dan membuat persetujuan atas              4. Checking and making approvals of the financial
         laporan keuangan perusahaan.                           statements of the company.



  Rapat Umum Pemegang Saham
  General Meeting of Shareholders

  Rapat Umum Pemegang Saham (RUPS) merupakan              The General Meeting of Shareholders (GMS) is the
  organ tertinggi di dalam struktur GCG dan menjadi       highest organ in the GCG structure and serves as the
  wadah utama bagi para Pemegang Saham untuk              main forum for Shareholders to make resolutions.
  mengambil keputusan.

  RUPS memiliki wewenang yang tidak didelegasikan,        The GMS has the authority that is not delegated, both
  baik kepada Dewan Komisaris maupun kepada Direksi,      towards the Board of Commissioners and the Board
  dalam batas yang ditentukan dalam Undang-Undang         of Directors, within the limits specified in the Law
  dan/atau Anggaran Dasar. Wewenang tersebut di           and/or the Articles of Association. This authority
  antaranya:                                              includes:
     1. Mengangkat dan memberhentikan Dewan                   1. Appoint and dismiss the Board of Commissioners
         Komisaris dan Direksi;                                  and Board of Directors;
     2. Mengevaluasi kinerja Dewan Komisaris dan              2. Evaluate the performance of the Board of
         Direksi;                                                Commissioners and Board of Directors;
     3. Menyetujui perubahan Anggaran Dasar;                  3. Approve changes to the Articles of Association;
     4. Menyetujui Laporan Tahunan;                           4. Approve the Annual Report;
     5. Menetapkan alokasi penggunaan laba; dan               5. Determine the allocation of profit; and
     6. Menunjuk akuntan publik.                              6. Appoint a public accountant.

  Berdasarkan Anggaran Dasar Perseroan dan Undang-        According to Articles of Association of the Company
  Undang No. 40 tahun 2007 tentang Perseroan              and Law No. 40 of 2007 on Limited Liability Companies,




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Terbatas, RUPS terdiri dari RUPS Tahunan yang wajib          the GMS consists of Annual GMS that can be convened
diselenggarakan paling lambat 6 (enam) bulan sejak           no later than 6 (six) months after the end of the fiscal
berakhirnya tahun buku dan RUPS Luar Biasa yang              year and Extraordinary GMS that can be convened
dapat dilaksanakan sewaktu-waktu berdasarkan                 at any time as needed and/or according to the
kebutuhan dan/atau kepentingan perusahaan.                   Company’s interest.

PELAKSANAAN RUPS TAHUN 2023                                  IMPLEMENTATION OF GMS IN 2023

Perseroan telah menyelenggarakan 1 (satu) kali RUPS          The Company held 1 (one) Annual GMS and 1 (one)
Tahunan dan 1 (satu) kali melaksanakan RUPS Luar             Extraordinary GMS in 2023. The implementation of
Biasa di tahun 2023. Pelaksanaan RUPS tahun 2023             the 2023 GMS can be described as follows.
diuraikan sebagai berikut.

RUPS Tahunan 2023                                            Annual GMS 2023
RUPS Tahunan 2023 adalah RUPS untuk tahun buku               The Annual GMS 2023 is GMS for the financial year
2022 yang diselenggarakan pada tanggal 30 Maret              of 2022 that was held on March 30, 2023. The meeting
2023. Adapun agenda rapat adalah sebagai berikut:            agenda is as follows:
  1. Persetujuan laporan keuangan Perseroan untuk                1. Approval of the Company's financial statements
      tahun buku yang berakhir pada tanggal 31-12-                  for the financial year ended on 31-12-2022
      2022 (tiga puluh satu Desember dua ribu dua                   (thirty-one December two thousand twenty-
      puluh dua);                                                   two);
  2. Persetujuan penggunaan laba bersih Perseroan                2. Approval of the use of the Company's net profit
      untuk Tahun Buku yang berakhir pada tanggal                   for the financial year ended on 31-12-2022
      31-12-2022 (tiga puluh satu Desember dua ribu                 (thirty-one December two thousand twenty-
      dua puluh dua); dan                                           two); and
  3. Memutuskan hal-hal lain yang dianggap perlu                 3. Deciding other matters deemed necessary in
      dalam Perseroan.                                              the Company.

Berikut adalah keputusan dan realisasi RUPS Tahunan          Below are the resolutions and realization of the Annual
tahun 2023:                                                  GMS 2023:


                                         Keputusan                                                Realisasi
     No.
                                         Resolutions                                             Realization

1.         a. Menerima, menyetujui, dan mengesahkan Laporan Keuangan untuk            Telah dilaksanakan seluruhnya
              tahun buku yang berakhir pada tanggal 31-12-2022 (tiga puluh satu       dimana Pemegang Saham
              Desember dua ribu dua puluh dua) yang telah diaudit oleh Kantor         menerima, menyetujui dan
              Akuntan Publik “Purwantono, Sungkoro & Surja” (member of Ernst &        mengesahkan laporan keuangan
              Young) dengan pendapat “Wajar Tanpa Modifikasi” sebagaimana             untuk tahun buku yang berakhir
              tercantum dalam laporannya tertanggal 16-2-2023 (enam belas Februari    pada tanggal 31 Desember 2022
              dua ribu dua puluh tiga).                                               yang telah diaudit oleh Kantor
                                                                                      Akuntan Publik “Purwantono,
              Receive, approve, and ratify the Financial Statements for the financial Sungkoro & Surja” (member of
              year ending 31-12-2022 (thirty-first of December two thousand and Ernst & Young).
              twenty-two) which have been audited by the Public Accounting Firm
              "Purwantono, Sungkoro & Surja" (member of Ernst & Young ) with a It has been fully implemented
              “Fair without Modification” opinion as stated in his report dated 16-2- where the Shareholders accept,
              2023 (sixteenth of February two thousand and twenty three).             approve and ratify the financial
                                                                                      statements for the financial year
                                                                                      ending December 31, 2022 which
                                                                                      have been audited by the Public
                                                                                      Accounting Firm "Purwantono,
                                                                                      Sungkoro & Surja" (member of
                                                                                      Ernst & Young).




                                                                                                                          151
Page 152
                                          Keputusan                                                Realisasi
      No.
                                          Resolutions                                             Realization

            b. Mengesahkan laporan tugas pengawasan Dewan Komisaris dan Dewan Telah dilaksanakan seluruhnya
               Pengawas Syariah Perseroan untuk Tahun Buku yang berakhir pada dimana Pemegang Saham
               31-12-2022 (tiga puluh satu Desember dua ribu dua puluh dua).             menyetujui mengesahkan laporan
                                                                                         tugas pengawasan Dewan
               Ratify the report on the supervisory duties of the Board of Commissioners Komisaris dan Dewan Pengawas
               and the Sharia Supervisory Board of the Company for the Fiscal Year Syariah Perseroan untuk tahun
               ending 31-12-2022 (thirty-first December two thousand and twenty- buku yang berakhir pada tanggal
               two).                                                                     31 Desember 2022.

                                                                                       It has been fully implemented
                                                                                       where the Shareholders agreed
                                                                                       to ratify the report on the
                                                                                       supervisory duties of the
                                                                                       Company's          Board        of
                                                                                       Commissioners and Sharia
                                                                                       Supervisory Board for the financial
                                                                                       year ending December 31, 2022.
            c. Memberikan pelunasan dan pembebasan tanggung jawab (“acquit et        Telah dilaksanakan seluruhnya
               de charge”) kepada seluruh Dewan Komisaris dan Direksi Perseroan      di mana Pemegang Saham
               yang menjabat pada Tahun Buku 2022 (dua ribu dua puluh dua)           memberikan pelunasan dan
               mengenai tindakan pengawasan dan kepengurusan yang telah dilaksanakan pembebasan tanggung jawab
               selama tahun buku 2022 (dua ribu dua puluh dua).                      (“acquit et de charge”) kepada
                                                                                     Direksi dan Dewan Komisaris
               Provide release and discharge (“acquit et de charge”) to all Board of Perseroan yang menjabat pada
               Commissioners and Directors of the Company who served in the 2022 tahun buku 2022.
               financial year (two thousand and twenty two) financial year regarding
               supervisory and management actions that have been carried out during It has been fully implemented
               the 2022 financial year (two thousand and two twenty one).            where the Shareholders provide
                                                                                     release and discharge (“acquit
                                                                                     et de charge”) to the Board of
                                                                                     Directors and Board of
                                                                                     Commissioners of the Company
                                                                                     who serve in the 2022 financial
                                                                                     year.




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                                           Keputusan                                                    Realisasi
     No.
                                           Resolutions                                                 Realization

2.         Melakukan pembagian keuntungan atau dividen dari total laba bersih yang          Distribusi pembagian dividen dari
           dimiliki Perseroan untuk tahun buku 31-12-2022 (tiga puluh satu Desember         total laba bersih yang dimiliki
           dua ribu dua puluh dua) kepada para pemegang saham maksimal sebesar              Perseroan untuk tahun buku 2022
           40% (empat puluh persen) atau senilai Rp176.185.863.647,- (seratus tujuh         sebesar Rp176.185.863.647,- telah
           puluh enam miliar seratus delapan puluh lima juta delapan ratus enam             dilaksanakan seluruhnya dan sisa
           puluh tiga ribu enam ratus empat puluh tujuh Rupiah), dengan perincian           laba bersih setelah dikurangi
           pembagian:                                                                       dengan pembagian dividen
           a. Dibagikan kepada PT Bank Maybank Indonesia Tbk selaku pemilik                 kepada para pemegang saham,
              32.369.999 (tiga puluh dua juta tiga ratus enam puluh sembilan ribu           yaitu sebesar Rp264.278.829.119,-
              sembilan ratus sembilan puluh sembilan) lembar saham dari total saham         digunakan sebagai laba ditahan
              Perseroan yaitu 32.370.000 (tiga puluh dua juta tiga ratus tujuh puluh        Perseroan.
              ribu) lembar, dengan total dividen yang dibagikan sebesar
              Rp176.185.825.000,- (seratus tujuh puluh enam miliar seratus delapan
              puluh lima juta delapan ratus dua puluh lima ribu rupiah); dan
           b. Dibagikan kepada Koperasi Karyawan Bank Internasional Indonesia
              selaku pemilik 1 (satu) lembar saham dari total saham Perseroan yaitu
              32.370.000 (tiga puluh dua juta tiga ratus tujuh puluh ribu) lembar,
              dengan total dividen yang dibagikan sebesar Rp5.000,- (lima ribu
              rupiah).

           Distribusi pembagian dividen oleh Perseroan akan dilaksanakan selambat-
           lambatnya pada tanggal 12-4-2023 (dua belas April dua ribu dua puluh
           tiga).

           Terhadap sisa laba bersih Perseroan tahun buku 31-12-2022 (tiga puluh
           satu Desember dua ribu dua puluh dua) setelah dikurangi dengan pembagian
           dividen kepada para pemegang saham, yaitu sebesar Rp264.278.829.119,-
           (dua ratus enam puluh empat miliar dua ratus tujuh puluh delapan juta
           delapan ratus dua puluh sembilan ribu seratus sembilan belas rupiah), maka
           seluruh sisa laba Perseroan tahun buku 31-12-2022 (tiga puluh satu Desember
           dua ribu dua puluh dua) tersebut digunakan sebagai laba ditahan Perseroan.
           Distribute profits or dividends from the total net profit of the Company for     The distribution of dividends from
           the financial year 31-12-2022 (thirty-one December two thousand twenty-          the Company's total net profit
           two) to shareholders at a maximum of 40% (forty percent) or Rp176,185,863,647,   for the financial year 2022 of
           - (one hundred seventy-six billion one hundred eighty-five million eight         Rp176,185,863,647 has been fully
           hundred sixty-three thousand six hundred forty-seven Rupiah), with details       implemented and the remaining
           of distribution:                                                                 net profit after deducting the
           a. Distributed to PT Bank Maybank Indonesia, Tbk as the owner of 32,369,999      distribution of dividends to
               (thirty two million three hundred sixty nine thousand nine hundred           shareholders amounting to
               ninety nine) shares of the Company's total shares of 32,370,000 (thirty-     Rp264,278,829,119 is used as
               two million three hundred seventy thousand) shares, with total dividends     retained earnings of the Company.
               distributed amounting to Rp176,185,825,000, - (one hundred seventy-six
               billion one hundred eighty-five million eight hundred twenty-five
               thousand rupiah); and
           b. Distributed to the Bank Internasional Indonesia Employees Cooperative
               as the owner of 1 (one) share of the Company's total shares of 32,370,000
               (thirty-two million three hundred seventy thousand) shares, with total
               dividends distributed of Rp5,000 (five thousand rupiah).

           The distribution of dividends by the Company will be carried out no later
           than 12-4-2023 (twelve April two thousand twenty-three).

           Regarding the remaining net profit of the Company for the financial year
           31-12-2022 (thirty-one December two thousand twenty-two) after deducting
           the dividend distribution to the shareholders amounting to Rp264,278,829,119,
           - (two hundred sixty-four billion two hundred seventy-eight million eight
           hundred twenty-nine thousand one hundred nineteen rupiah), all of the
           remaining profit of the Company for the financial year 31-12-2022 (thirty-
           one December two thousand twenty-two) is used as retained earnings of
           the Company.
3.         Keputusan tersebut berlaku sejak ditutupnya Rapat ini.                           Telah dilaksanakan seluruhnya.
           The resolution is effective as of the closing of this Meeting.                   Fully implemented.




                                                                                                                                 153
Page 154
  RUPS Luar Biasa 2023                                               Extraordinary GMS 2023
  RUPS Luar Biasa diselenggarakan pada tanggal 30                    The Extraordinary GMS was held on March 30, 2023.
  Maret 2023. Adapun agenda rapat adalah sebagai                     The meeting agenda is as follows:
  berikut:                                                              1. Determination of honorarium and/or other
     1. Penetapan honorarium dan/atau tunjangan                            benefits for Board of Commissioners for the
        lainnya bagi Dewan Komisaris untuk tahun                           financial year 2023 (two thousand twenty
        buku 2023 (dua ribu dua puluh tiga);                               three);
     2. Pelimpahan wewenang kepada Dewan Komisaris                      2. Delegation of authority to the Board of
        untuk menetapkan:                                                  Commissioners to determine:
        a. Gaji dan tunjangan lainnya bagi anggota                         a. Salary and other benefits for members of
            Direksi untuk tahun buku 2023 (dua ribu                            the Board of Directors for the financial year
            dua puluh tiga); dan                                               2023 (two thousand twenty-three); and
        b. Honorarium dan/atau tunjangan lainnya                           b. Honorarium and/or other benefits for
            bagi anggota Dewan Pengawas Syariah                                members of the Sharia Supervisory Board
            untuk tahun buku 2023 (dua ribu dua puluh                          for the financial year 2023 (two thousand
            tiga).                                                             twenty-three).
     3. Penunjukan Akuntan Publik dan Kantor Akuntan                    3. Appointment of a Public Accountant and Public
        Publik yang akan mengaudit laporan keuangan                        Accounting Firm to audit the Company's
        Perseroan tahun buku 2023 (dua ribu dua                            financial statements for the financial year 2023
        puluh tiga) dan penetapan honorarium maupun                        (two thousand twenty-three) and determination
        persyaratan lainnya yang berkenaan dengan                          of honorarium and other requirements related
        penunjukan tersebut;                                               to the appointment; and of the appointment;
     4. Persetujuan pemberhentian dan pengangkatan                      4. Approval of the dismissal and reappointment
        kembali Direksi dan Dewan Komisaris Perseroan;                     of the Board of Directors and the Board of
                                                                           Commissioners. of the Company;
           5. Memutuskan hal-hal yang dianggap perlu dalam              5. Deciding matters deemed necessary in the
              Perseroan.                                                   Company.

  Berikut keputusan dan realisasi RUPS Luar Biasa                    Below are the resolutions and realization of the
  tahun 2023:                                                        Extraordinary GMS 2023:


                                        Keputusan                                                  Realisasi
       No.
                                        Resolutions                                               Realization

      1.      Menyetujui pelimpahan wewenang kepada Presiden Komisaris             Telah dilaksanakan seluruhnya dimana
              untuk menetapkan honorarium dan/atau tunjangan lainnya bagi          Pemegang Saham menyetujui pelimpahan
              anggota Dewan Komisaris untuk tahun buku 2023 (dua ribu dua          wewenang kepada Presiden Komisaris untuk
              puluh tiga); dengan memperhatikan usul dan rekomendasi dari          menetapkan honorarium dan/atau tunjangan
              Komite Nominasi dan Remunerasi Perseroan. Besarnya honorarium        lainnya bagi anggota Dewan Komisaris untuk
              dan/atau tunjangan lainnya bagi anggota Dewan Komisaris              tahun buku 2023.
              dimaksud akan dicantumkan dalam laporan tahunan Perseroan
              tahun buku 2023 (dua ribu dua puluh tiga).
                                                                                   Has been fully implemented where the
              Approved the delegation of authority to the President Commissioner   Shareholders approved the delegation of
              to determine honorarium and/or other benefits for members of         authority to the President Commissioner to
              the Board of Commissioners for the financial year 2023 (two          determine honorarium and/or other benefits
              thousand twenty-three); taking into account the proposals and        for members of the Board of Commissioners
              recommendations of the Company's Nomination and Remuneration         for the fiscal year 2023.
              Committee. The amount of honorarium and/or other benefits
              for members of the Board of Commissioners will be included in
              the Company's annual report for the financial year 2023 (two
              thousand twenty-three).




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                               Keputusan                                                Realisasi
No.
                               Resolutions                                             Realization

2.    a. Menyetujui pelimpahan wewenang kepada Dewan Komisaris a. Telah dilaksanakan seluruhnya di mana
         untuk menetapkan besar gaji dan/atau tunjangan lainnya         Pemegang Saham menyetujui pelimpahan
         bagi anggota Direksi untuk tahun buku 2023 (dua ribu dua       wewenang kepada Presiden Komisaris
         puluh tiga); dengan memperhatikan usul dan rekomendasi         untuk menetapkan honorarium dan/atau
         dari Komite Nominasi dan Remunerasi Perseroan. Besarnya        tunjangan lainnya bagi anggota Direksi
         gaji dan tunjangan lainnya bagi anggota Direksi dimaksud       untuk tahun buku 2023.
         akan dicantumkan dalam laporan tahunan Perseroan tahun
         buku 2023 (dua ribu dua puluh tiga); dan                    b. Telah dilaksanakan seluruhnya di mana
      b. Menyetujui pelimpahan wewenang kepada Dewan Komisaris          Pemegang Saham menyetujui pelimpahan
         untuk menetapkan besar gaji dan/atau tunjangan lainnya         wewenang kepada Presiden Komisaris
         bagi anggota Dewan Pengawas Syariah untuk tahun buku           untuk menetapkan honorarium dan/atau
         2023 (dua ribu dua puluh tiga); dengan memperhatikan usul      tunjangan lainnya bagi anggota Dewan
         dan rekomendasi dari Komite Nominasi dan Remunerasi            Pengawas Syariah untuk tahun buku 2023.
         Perseroan. Besarnya gaji dan tunjangan lainnya bagi anggota
         Dewan Pengawas Syariah dimaksud akan dicantumkan dalam
         laporan tahunan Perseroan tahun buku 2023 (dua ribu dua
         puluh tiga).
      a. Approved the delegation of authority to the Board of a. Has been fully implemented where the
         Commissioners to determine the amount of salary and/or          Shareholders approved the delegation of
         other benefits for members of the Board of Directors for the    authority to the President Commissioner
         financial year 2023 (two thousand twenty-three); taking into    to determine honorarium and/or other
         account the proposals and recommendations of the Company's      benefits for members of the Board of
         Nomination and Remuneration Committee. The amount of            Directors for the fiscal year 2023.
         salary and other benefits for members of the Board of Directors
         will be included in the Company's annual report for the
         financial year 2023 (two thousand twenty-three); and
      b. Approved the delegation of authority to the Board of b. Has been fully implemented where the
         Commissioners to determine the amount of salary and/or          Shareholders approved the delegation of
         other benefits for members of the Sharia Supervisory Board      authority to the President Commissioner
         for the financial year 2023 (two thousand twenty-three);        to determine honorarium and/or other
         taking into account the proposals and recommendations of        benefits for members of the Sharia
         the Nomination and Remuneration Committee of the Company.       Supervisory Board for the fiscal year 2023.
         The amount of salary and other benefits for members of the
         Sharia Supervisory Board will be included in the Company's
         annual report for the financial year 2023 (two thousand
         twenty-three).
3.    a. Menyetujui untuk menunjuk Kantor Akuntan Publik “Purwantono, a. Telah dilaksanakan seluruhnya di mana
         Sungkoro & Surja” (member of Ernst & Young) sebagai Kantor      Pemegang Saham menunjuk saudara Kantor
         Akuntan Publik untuk mengaudit laporan keuangan Perseroan       Akuntan Publik “Purwantono, Sungkoro &
         tahun buku 2023 (dua ribu dua puluh tiga).                      Surja” (member of Ernst & Young) sebagai
      b. Menyetujui pelimpahan wewenang kepada Dewan Komisaris           Akuntan Publik dan Kantor Akuntan Publik
         Perseroan untuk menetapkan besarnya honorarium sehubungan       untuk mengaudit laporan keuangan tahun
         dengan Kantor Akuntan Publik tersebut dengan syarat-syarat      buku 2023.
         yang dianggap baik.                                          b. Telah dilaksanakan seluruhnya di mana
      c. Memberikan kuasa kepada Dewan Komisaris dan Direksi             Pemegang Saham menyetujui pelimpahan
         Perseroan untuk melakukan segala sesuatu berkenaan dengan       wewenang kepada Dewan Komisaris
         penunjukan Akuntan Publik dan/atau Kantor Akuntan Publik,       Perseroan untuk menetapkan besaran
         termasuk menunjuk penggantinya, dalam hal Kantor Akuntan        honorarium sehubungan dengan penunjukan
         Publik “Purwantono, Sungkoro & Surja” karena sebab apa          Kantor Akuntan Publik tersebut.
         pun tidak dapat menyelesaikan audit Laporan Keuangan c. Telah dilaksanakan seluruhnya di mana
         Perseroan tahun buku 2023 (dua ribu dua puluh tiga).            Pemegang Saham memberikan kuasa
                                                                         kepada Dewan Komisaris dan Direksi
                                                                         Perseroan untuk melakukan segala sesuatu
                                                                         berkenaan dengan penunjukan Kantor
                                                                         Akuntan Publik, termasuk menunjuk
                                                                         Akuntan Publik dan/atau Kantor Akuntan
                                                                         Publik Pengganti, dalam hal Kantor Akuntan
                                                                         Publik “Purwantono, Sungkoro & Surja”
                                                                         karena sebab apa pun tidak dapat
                                                                         menyelesaikan audit laporan keuangan
                                                                         untuk tahun buku 2023.




                                                                                                                       155
Page 156
                                       Keputusan                                                 Realisasi
      No.
                                       Resolutions                                              Realization

             a. Approved to appoint Public Accounting Firm "Purwantono, a. It has been fully implemented where the
                Sungkoro & Surja" (member of Ernst & Young) as the Public         Shareholders appointed Public Accounting
                Accounting Firm to audit the Company's financial statements       Firm "Purwantono, Sungkoro & Surja"
                for the fiscal year 2023 (two thousand twenty-three).             (member of Ernst & Young) as Public
             b. Approved the delegation of authority to the Company's Board       Accountants and the Public Accounting
                of Commissioners to determine the amount of honorarium            Firm to audit the financial statements for
                in connection with the Public Accounting Firm with conditions     the 2023 financial year.
                that are considered good.                                      b. It has been fully implemented where the
             c. To authorize the Board of Commissioners and the Board of          Shareholders agreed to delegation of
                Directors of the Company to do everything related to the          authority to the Company's Board of
                appointment of the Public Accountant and/or Public Accounting     Commissioners to determine the amount
                Firm, including appointing a replacement, in the event that       of honorarium in connection with the
                the Public Accounting Firm "Purwantono, Sungkoro & Surja"         appointment of the Public Accounting
                for any reason cannot complete the audit of the Company's         Firm.
                Financial Statements for the financial year 2023 (two thousand c. It has been fully implemented where the
                twenty-three).                                                    Shareholders give power of attorney to
                                                                                  the Board of Commissioners and Directors
                                                                                  of the Company to do everything related
                                                                                  to the appointment of a Public Accounting
                                                                                  Firm, including appointing a Public
                                                                                  Accountant and/or Substitute Public
                                                                                  Accounting Firm, in the case of the Public
                                                                                  Accounting Firm "Purwantono, Sungkoro
                                                                                  & Surja" because for any reason unable to
                                                                                  complete the audit of financial statements
                                                                                  for the 2023 financial year.
      4.     a. Memberhentikan dengan hormat seluruh anggota Direksi a. T e l a h d i l a k s a n a ka n s e p e n u h n ya
                dan Dewan Komisaris Perseroan sehubungan dengan telah         pemberhentian dengan hormat seluruh
                berakhirnya masa jabatan mereka dengan disertai ucapan        anggota Direksi dan Dewan Komisaris
                terima kasih yang sebesar-besarnya atas sumbangan pemikiran,  Perseroan sehubungan dengan telah
                kerja keras, dan jasa-jasanya untuk kemajuan Perseroan;       berakhirnya masa jabatan mereka;
             b. Menyetujui untuk mengangkat kembali Direksi dan Dewan
                Komisaris Perseroan yang akan efektif menjabat setelah b. T e l a h d i l a k s a n a ka n s e p e n u h n ya
                disetujuinya oleh Rapat ini dengan perincian sebagai berikut: pengangkatan kembali Direksi dan Dewan
                Susunan Direksi Perseroan:                                    Komisaris Perseroan yang efektif menjabat
                - Presiden Direktur : Tuan ALEXANDER;                         setelah Rapat ini.
                - Direktur : Tuan MIKI EFFENDI LIM;
                - Direktur : Tuan ARIEF SOERENDRO, S.Sos

                Berlaku 3 (tiga) tahun dan akan berakhir pada penutupan
                RUPST Perseroan untuk tahun buku 2025 (dua ribu dua puluh
                lima) yang akan dilaksanakan pada tahun 2026 (dua ribu
                dua puluh enam);

                Susunan Dewan Komisaris Perseroan:
                - Presiden Komisaris (Independen): Tuan DESWANDHY
                    AGUSMAN;
                Berlaku 1 (satu) tahun dan akan berakhir pada penutupan
                RUPST Perseroan untuk tahun buku 2023 (dua ribu dua puluh
                tiga) yang akan dilaksanakan pada tahun 2024 (dua ribu dua
                puluh empat);

                - Komisaris : Tuan STEFFANO RIDWAN;
                Berlaku 3 (tiga) tahun dan akan berakhir pada penutupan
                RUPST Perseroan untuk tahun buku 2025 (dua ribu dua puluh
                lima) yang akan dilaksanakan pada tahun 2026 (dua ribu
                dua puluh enam).




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                                Keputusan                                                    Realisasi
No.
                                Resolutions                                                 Realization

4.    a. Respectfully dismiss all members of the Company's Board a. The Company has fully dismissed all
         of Directors and Board of Commissioners in connection with      members of the Board of Directors and
         the expiry of their term of office along with sincere gratitude Board of Commissioners of the Company
         for their contribution of thoughts, hard work and services      in connection with the expiration of their
         for the progress of the Company;                                term of office;
      b. Approved to reappoint the Board of Directors and Board of
         Commissioners of the Company which will be effective after b. The re-appointment of the Company's
         the approval of this Meeting with the following details:        Board of Directors and Board of
         Composition of the Company's Board of Directors:                Commissioners effective after this Meeting
         - President Director : Mr. ALEXANDER;                           has been fully implemented.
         - Director : Mr. MIKI EFFENDI LIM;
         - Director : Mr. ARIEF SOERENDRO, S.Sos

         Valid for 3 (three) years, and will expire at the closing of the
         AGMS of the Company for the financial year 2025 (two
         thousand twenty five) which will be held in 2026 (two thousand
         twenty six);

         Composition of the Company's Board of Commissioners:
         - President Commissioner (Independent): Mr. DESWANDHY
             AGUSMAN;
         Valid for 1 (one) year, and will expire at the closing of the
         AGMS of the Company for the financial year 2023 (two
         thousand twenty three) which will be held in 2024 (two
         thousand twenty four);

         - Commissioner : Mr. STEFFANO RIDWAN;
         Valid for 3 (three) years, and will expire at the closing of the
         Company's AGMS for the financial year 2025 (two thousand
         twenty five) which will be held in 2026 (two thousand twenty
         six).
5.    Keputusan tersebut berlaku sejak ditutupnya Rapat ini.                Telah dilaksanakan seluruhnya.
      The resolution is effective as of the closing of this Meeting.        Fully implemented.




                                                                                                                         157
Page 158
  PELAKSANAAN RUPS TAHUN 2022                                    IMPLEMENTATION OF GMS IN 2022

  Pada tahun 2022, Perseroan telah menyelenggarakan              In 2022, the Company held 1 (one) Annual GMS and
  1 (satu) kali RUPS Tahunan dan 2 (dua) kali                    2 (two) Extraordinary GMS. The implementation of
  melaksanakan RUPS Luar Biasa. Pelaksanaan RUPS                 the 2022 GMS can be described as follows.
  tahun 2022 diuraikan sebagai berikut.

  RUPS Tahunan 8 Maret 2022                                      Annual GMS on March 8, 2022
  RUPS Tahunan diselenggarakan pada Selasa, 8 Maret              The Annual GMS was held on Tuesday, March 8, 2022
  2022 di PT Maybank Indonesia Finance, Wisma Eka                at PT Maybank Indonesia Finance, Wisma Eka Jiwa
  Jiwa Lt.10, Jl. Mangga Dua Raya Jakarta, 10730.                Lt.10, Jl. Mangga Dua Raya Jakarta, 10730. The agenda
  Adapun keputusan dan realisasi RUPS Tahunan tahun              and realization of the 2022 Annual GMS are as follows:
  2022 sebagai berikut:


                                        Keputusan                                                  Realisasi
      No.
                                        Resolutions                                               Realization

      1.     a. Menerima, menyetujui dan mengesahkan Laporan Keuangan              Telah dilaksanakan seluruhnya dimana
                untuk tahun buku yang berakhir pada tanggal 31-12-2021 (tiga       Pemegang Saham menerima, menyetujui
                puluh satu Desember dua ribu dua puluh satu) yang telah diaudit    dan mengesahkan laporan keuangan untuk
                oleh Kantor Akuntan Publik “Purwantono, Sungkoro & Surja”          tahun buku yang berakhir pada tanggal
                (member of Ernst & Young) dengan pendapat “wajar tanpa             31 Desember 2021 yang telah diaudit oleh
                modifikasi” sebagaimana tercantum dalam laporannya tertanggal      Kantor Akuntan Publik “Purwantono,
                17-02-2022 (tujuh belas Februari dua ribu dua puluh dua).          Sungkoro & Surja” (member of Ernst &
                                                                                   Young).

                Receive, approve and ratify the Financial Statements for the       It has been fully implemented where the
                financial year ending 31-12-2021 (thirty-first of December two     Shareholders accept, approve and ratify
                thousand and twenty-one) which have been audited by the Public     the financial statements for the financial
                Accounting Firm "Purwantono, Sungkoro & Surja" (member of          year ending December 31, 2021 which have
                Ernst & Young ) with a “fair without modification” opinion as      been audited by the Public Accounting
                stated in his report dated 17-02-2022 (seventeenth of February     Firm "Purwantono, Sungkoro & Surja"
                two thousand and twenty two).                                      (member of Ernst & Young).
             b. Mengesahkan laporan tugas pengawas Dewan Komisaris dan             Telah dilaksanakan seluruhnya di mana
                Dewan Pengawas Syariah Perseroan untuk Tahun Buku yang             Pemegang Saham menyetujui mengesahkan
                berakhir pada 31-12-2021 (tiga puluh satu Desember dua ribu        laporan tugas pengawasan Dewan
                dua puluh satu).                                                   Komisaris dan Dewan Pengawas Syariah
                                                                                   Perseroan untuk tahun buku yang berakhir
                                                                                   pada tanggal 31 Desember 2021.

                Ratify the report on the supervisory duties of the Board of        It has been fully implemented where the
                Commissioners and the Sharia Supervisory Board of the Company      Shareholders agreed to ratify the report
                for the Fiscal Year ending 31-12-2021 (thirty-first December two   on the supervisory duties of the Company's
                thousand and twenty-one).                                          Board of Commissioners and Sharia
                                                                                   Supervisory Board for the financial year
                                                                                   ending December 31, 2021.
             c. Memberikan pelunasan dan pembebasan tanggung jawab                 Telah dilaksanakan seluruhnya di mana
                (“acquit et de charge”) kepada seluruh Dewan Komisaris dan         Pemegang Saham memberikan pelunasan
                Direksi Perseroan yang menjabat pada tahun buku 2021 (dua          dan pembebasan tanggung jawab (“acquit
                ribu dua puluh satu) mengenai tindakan pengawasan dan              et de charge”) kepada Direksi dan Dewan
                kepengurusan yang telah dilaksanakan selama tahun buku             Komisaris Perseroan yang menjabat pada
                2021 (dua ribu dua puluh satu).                                    tahun buku 2021.

                Provide release and discharge (“acquit et de charge”) to all       It has been fully implemented where the
                Board of Commissioners and Directors of the Company who            Shareholders provide release and discharge
                served in the 2021 (two thousand and twenty one) financial         (“acquit et de charge”) to the Board of
                year regarding supervisory and management actions that have        Directors and Board of Commissioners of
                been carried out during the 2021 (two thousand and two             the Company who serve in the 2021
                twenty one).                                                       financial year.




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                                    Keputusan                                                    Realisasi
 No.
                                    Resolutions                                                 Realization

  2.   Menyetujui penggunaan laba bersih Perseroan untuk tahun buku            Telah dilaksanakan seluruhnya di mana
       31-12-2021 (tiga puluh satu Desember dua ribu dua puluh satu)           Pemegang Saham menyetujui penggunaan
       sebesar Rp381.400.465.701,- (tiga ratus delapan puluh satu milliar      laba bersih Perseroan untuk tahun buku
       empat ratus juta empat ratus enam puluh lima ribu tujuh ratus satu      31 Desember 2021 sebesar
       Rupiah) di mana seluruhnya digunakan sebagai laba ditahan Perseroan.    Rp381.400.465.701,- dimana seluruhnya
                                                                               digunakan sebagai laba ditahan Perseroan.

       Approve the use of the Company's net profit for the financial year      It has been fully implemented where the
       31-12-2021 (thirty first December two thousand and twenty one) of       Shareholders have approved the use of
       Rp381,400,465,701 (three hundred eighty one billion four hundred        the Company's net profit for the financial
       million four hundred sixty five thousand seven hundred one rupiah)      year December 31, 2021 in the amount of
       which are entirely used as retained earnings of the Company.            Rp381,400,465,701,- all of which is used
                                                                               as the Company's retained earnings.
  3.   Keputusan tersebut berlaku sejak ditutupnya Rapat ini.                  Telah dilaksanakan seluruhnya.
       The resolution is effective as of the closing of this Meeting.          Fully implemented.



RUPS Luar Biasa 8 Maret 2022                                  Extraordinary GMS on March 8, 2022
RUPS Luar Biasa diselenggarakan pada Selasa, 8                The Extraordinary GMS was held on Tuesday, March
Maret 2022 di PT Maybank Indonesia Finance, Wisma             8, 2022 at PT Maybank Indonesia Finance, Wisma
Eka Jiwa Lt.10, Jl. Mangga Dua Raya Jakarta, 10730.           Eka Jiwa Lt.10, Jl. Mangga Dua Raya Jakarta, 10730.
Adapun agenda dan realisasi RUPS Luar Biasa 8                 The agenda and realization of the Extraordinary GMS
Maret 2022 sebagai berikut:                                   March 8, 2022 are as follows:


                                                                                                Realisasi
 No.                                Agenda
                                                                                               Realization

  1.   a. Melakukan penerbitan obligasi melalui Penawaran Umum                Telah dilaksanakan seluruhnya di mana
          Berkelanjutan Obligasi Berkelanjutan III Maybank Finance Tahap      Pemegang Saham menyetujui melakukan
          II Tahun 2022 (dua ribu dua puluh dua) dengan nilai setinggi-       penerbitan obligasi melalui Penawaran Umum
          tingginya sebesar Rp800.000.000.000,- (delapan ratus miliar         Berkelanjutan Obligasi Berkelanjutan III
          Rupiah).                                                            Maybank Finance Tahap II dengan nilai setinggi-
                                                                              tingginya sebesar Rp800.000.000.000,-
                                                                              (delapan ratus miliar Rupiah).

                                                                              It has been fully implemented where the
          Issuing bonds through Maybank Finance Sustainable Bonds III         Shareholders agreed to issue bonds through
          Phase II Year 2022 (two thousand twenty two) Public Offering        the Public Offering of Maybank Finance
          with a maximum value of Rp800,000,000,000 (eight hundred            Sustainable Bonds III Phase II with a maximum
          billion rupiah).                                                    value of Rp800,000,000,000 (eight hundred
                                                                              billion rupiah).




                                                                                                                                159
Page 160
                                                                                                      Realisasi
      No.                                  Agenda
                                                                                                     Realization

             a. Memberikan jaminan utang secara fidusia terkait dengan               Telah dilaksanakan seluruhnya di mana
                penerbitan Penawaran Umum Berkelanjutan Obligasi Berkelanjutan       Pemegang Saham menyetujui memberikan
                III Maybank Finance Tahap II Tahun 2022 (dua ribu dua puluh          jaminan utang secara fidusia terkait dengan
                dua), yaitu berupa piutang usaha lancar atau Account Receivables     penerbitan Penawaran Umum Berkelanjutan
                (A/R) milik Perseroan sebanyak-banyaknya sebesar 50% (lima           Obligasi Berkelanjutan III Maybank Finance
                puluh persen) dari nilai pokok Penawaran Umum Berkelanjutan          Tahap II Tahun 2022, yaitu berupa piutang
                Obligasi Berkelanjutan III Maybank Finance Tahap II Tahun 2022       usaha lancar atau Account Receivables
                (dua ribu dua puluh dua), serta melakukan segala tindakan yang       (A/R) milik Perseroan sebanyak-banyaknya
                diperlukan termasuk pada menandatangani perjanjian-perjanjian        sebesar 50% (lima puluh persen) dari nilai
                yang berhubungan dengan pemberian jaminan utang dan/atau             pokok Penawaran Umum Berkelanjutan
                penerbitan dan melakukan penunjukan pihak-pihak yang                 Obligasi Berkelanjutan III Maybank Finance
                membantu Perseroan dalam melakukan penerbitan Penawaran              Tahap II Tahun 2022, serta melakukan segala
                Umum Berkelanjutan Obligasi Berkelanjutan III Maybank Finance        tindakan yang diperlukan termasuk pada
                Tahap II Tahun 2022 (dua ribu dua puluh dua).                        menandatangani perjanjian-perjanjian yang
                                                                                     berhubungan dengan pemberian jaminan
                                                                                     utang dan/atau penerbitan dan melakukan
                                                                                     penunjukan pihak-pihak yang membantu
                                                                                     Perseroan dalam melakukan penerbitan
                                                                                     Penawaran Umum Berkelanjutan Obligasi
                                                                                     Berkelanjutan III Maybank Finance Tahap
                                                                                     II Tahun 2022.

                Providing fiduciary debt guarantees related to the issuance of       It has been fully implemented where the
                the Maybank Finance Sustainable Bonds III Phase II Year 2022         Shareholders agreed to provide fiduciary
                (two thousand twenty two) Public Offering, namely in the form        debt guarantees related to the issuance of
                of current trade receivables or Account Receivables (A/R)            the Maybank Finance Sustainable Bonds III
                belonging to the Company in a maximum of 50% ( fifty percent)        Phase II Year 2022 Public Offering, namely
                of the principal value of the Maybank Finance Sustainable Bonds      in the form of current trade receivables or
                III Phase II Year 2022 (two thousand twenty two) Continuing          Account Receivables (A/R) belonging to
                Public Offering, as well as taking all necessary actions including   the Company at a maximum of 50% ( fifty
                signing agreements related to providing debt guarantees and/         percent) of the principal value of the Maybank
                or issuing and appointed parties to assist the Company in issuing    Finance Sustainable Bonds III Phase II Year
                the Maybank Finance Sustainable Bonds III Phase II Year 2022         2022 Continuing Public Offering, as well as
                (Two thousand twenty two) Continuing Public Offering.                taking all necessary actions including signing
                                                                                     agreements related to providing debt
                                                                                     guarantees and/or issuance and appointing
                                                                                     parties to assist The Company is conducting
                                                                                     the issuance of a Public Offering of Maybank
                                                                                     Finance Sustainable Bonds III Phase II Year
                                                                                     2022.


      2.     Keputusan tersebut berlaku sejak ditutupnya Rapat ini.                  Telah dilaksanakan seluruhnya.
             The resolution is effective as of the closing of this Meeting.          Fully implemented.




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                                                                                              Realisasi
No.                                Agenda
                                                                                             Realization

1.    Menyetujui pelimpahan wewenang kepada Presiden Komisaris untuk Telah dilaksanakan seluruhnya di mana
      menetapkan honorarium dan/atau tunjangan lainnya bagi anggota Pemegang Saham menyetujui untuk
      Dewan Komisaris untuk tahun buku 2022 (dua ribu dua puluh dua). pelimpahan wewenang kepada Presiden
                                                                      Komisaris untuk menetapkan honorarium
                                                                      dan/atau tunjangan lainnya bagi anggota
                                                                      Dewan Komisaris untuk tahun buku 2022.

      Approved the delegation of authority to the President Commissioner      It has been fully implemented where the
      to determine honorarium and/or other allowances for members of          Shareholders agreed to delegation of
      the Board of Commissioners for the 2022 (two thousand and twenty        authority to the President Commissioner
      two) financial year.                                                    to determine honorarium and/or other
                                                                              allowances for members of the Board of
                                                                              Commissioners for the 2022 financial year.
2.    a. Menyetujui pelimpahan wewenang kepada Dewan Komisaris                Telah dilaksanakan seluruhnya di mana
         untuk menetapkan besarnya gaji dan/atau tunjangan lainnya            Pemegang Saham menyetujui pelimpahan
         bagi anggota Direksi untuk tahun buku 2022 (dua ribu dua puluh       wewenang kepada Dewan Komisaris untuk
         dua).                                                                menetapkan besarnya gaji dan/atau
                                                                              tunjangan lainnya bagi anggota Direksi
                                                                              untuk tahun buku 2022.

         Approved the delegation of authority to the Board of Commissioners   It has been fully implemented where the
         to determine the amount of salary and/or other allowances for        Shareholders approved the delegation of
         members of the Board of Directors for the 2022 (two thousand         authority to the Board of Commissioners
         and twenty two) financial year.                                      to determine the amount of salary and/
                                                                              or other benefits for members of the Board
                                                                              of Directors for the 2022 financial year.
      b. Menyetujui pelimpahan wewenang kepada Dewan Komisaris                Telah dilaksanakan seluruhnya di mana
         untuk menetapkan besarnya gaji dan/atau tunjangan lainnya            Pemegang Saham menyetujui pelimpahan
         bagi Dewan Pengawas Syariah untuk tahun buku 2022 (dua ribu          wewenang kepada Dewan Komisaris untuk
         dua puluh dua).                                                      menetapkan besarnya gaji dan/atau
                                                                              tunjangan lainnya bagi Dewan Pengawas
                                                                              Syariah untuk tahun buku 2022.

         Approved the delegation of authority to the Board of Commissioners   It has been fully implemented where the
         to determine the amount of salary and/or other allowances for        Shareholders agreed to delegation of
         the Sharia Supervisory Board for the 2022 (two thousand and          authority to the Board of Commissioners
         twenty two) financial year.                                          to determine the amount of salary and/
                                                                              or other benefits for the Sharia Supervisory
                                                                              Board for the 2022 financial year.
3.    a. Menyetujui untuk menunjuk saudara “Muhammad Kurniawan”               Telah dilaksanakan seluruhnya di mana
         dan Kantor Akuntan Publik “Purwantono, Sungkoro & Surja”             Pemegang Saham menunjuk saudara
         (member of Ernst & Young) sebagai Akuntan Publik dan Kantor          “Muhammad Kurniawan” dan Kantor
         Akuntan Publik untuk mengaudit laporan keuangan Perseroan            Akuntan Publik “Purwantono, Sungkoro
         tahun buku 2022 (dua ribu dua puluh dua).                            & Surja” (member of Ernst & Young) sebagai
                                                                              Akuntan Publik dan Kantor Akuntan Publik
                                                                              untuk mengaudit laporan keuangan tahun
                                                                              buku 2022.

         Approved to appoint Mr. “Muhammad Kurniawan” and Public              It has been fully implemented where the
         Accounting Firm “Purwantono, Sungkoro & Surja” (member of            Shareholders appointed Mr. "Muhammad
         Ernst & Young) as Public Accountants and Public Accounting           Kurniawan" and the Public Accounting
         Firm to audit the Company's financial statements for the financial   Firm "Purwantono, Sungkoro & Surja"
         year 2022 (two thousand and twenty two).                             (member of Ernst & Young) as Public
                                                                              Accountants and the Public Accounting
                                                                              Firm to audit the financial statements for
                                                                              the 2022 financial year.




                                                                                                                             161
Page 162
                                                                                                  Realisasi
      No.                                Agenda
                                                                                                 Realization

            b. Menyetujui pelimpahan wewenang kepada Dewan Komisaris              Telah dilaksanakan seluruhnya di mana
               Perseroan untuk menetapkan besaran honorarium sehubungan           Pemegang Saham menyetujui pelimpahan
               dengan penunjukan Kantor Akuntan Publik tersebut.                  wewenang kepada Dewan Komisaris
                                                                                  Perseroan untuk menetapkan besaran
                                                                                  honorarium sehubungan dengan
                                                                                  penunjukkan Kantor Akuntan Publik
                                                                                  tersebut.

               Approved the delegation of authority to the Company's Board        It has been fully implemented where the
               of Commissioners to determine the amount of honorarium in          Shareholders agreed to delegation of
               connection with the appointment of the said Public Accounting      authority to the Company's Board of
               Firm.                                                              Commissioners to determine the amount
                                                                                  of honorarium in connection with the
                                                                                  appointment of the Public Accounting
                                                                                  Firm.

            c. Memberikan kuasa kepada Dewan Komisaris dan Direksi Perseroan      Telah dilaksanakan seluruhnya di mana
               untuk melakukan segala sesuatu berkenaan dengan penunjukkan        Pemegang Saham memberikan kuasa
               Kantor Akuntan Publik, termasuk menunjuk Akuntan Publik dan/       kepada Dewan Komisaris dan Direksi
               atau Kantor Akuntan Publik Pengganti, dalam hal Kantor Akuntan     Perseroan untuk melakukan segala sesuatu
               Publik “Purwantono, Sungkoro & Surja” karena sebab apa pun         berkenaan dengan penunjukkan Kantor
               tidak dapat menyelesaikan audit laporan keuangan untuk tahun       Akuntan Publik, termasuk menunjuk
               buku 2022.                                                         Akuntan Publik dan/atau Kantor Akuntan
                                                                                  Publik Pengganti, dalam hal Kantor Akuntan
                                                                                  Publik “Purwantono, Sungkoro & Surja”
                                                                                  karena sebab apa pun tidak dapat
                                                                                  menyelesaikan audit laporan keuangan
                                                                                  untuk tahun buku 2022.

               Giving power of attorney to the Board of Commissioners and         It has been fully implemented where the
               Directors of the Company to do everything related to the           Shareholders give power of attorney to
               appointment of a Public Accounting Firm, including appointing      the Board of Commissioners and Directors
               a Public Accountant and/or Substitute Public Accounting Firm,      of the Company to do everything related
               in the event that the Public Accounting Firm "Purwantono,          to the appointment of a Public Accounting
               Sungkoro & Surja" is unable to complete the audit for any reason   Firm, including appointing a Public
               financial reports for the 2022 financial year.                     Accountant and/or Substitute Public
                                                                                  Accounting Firm, in the case of the Public
                                                                                  Accounting Firm "Purwantono, Sungkoro
                                                                                  & Surja" because for any reason unable
                                                                                  to complete the audit of financial
                                                                                  statements for the 2022 financial year.




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                                                                                       Realisasi
No.                                 Agenda
                                                                                      Realization

4.    Menyetujui perubahan Pasal 9 Anggaran Dasar Perseroan, sehingga Telah dilaksanakan seluruhnya di mana
      selanjutnya Pasal 9 Anggaran Dasar Perseroan menjadi berbunyi Pemegang Saham menyetujui Perubahan
      sebagai berikut :                                               Pasal 9 Anggaran Dasar Perseroan tersebut.

      TEMPAT, PEMANGGILAN DAN PIMPINAN RUPS
      PASAL 9
      1. Rapat Umum Pemegang Saham (selanjutnya disebut “RUPS”)
         dilaksanakan di tempat kedudukan Perseroan atau di tempat
         Perseroan melakukan kegiatan usahanya;
      2. Penyelenggaraan RUPS dapat dilaksanakan secara elektronik,
         baik melalui media telekonferensi, video konferensi, atau sarana
         media elektronik lainnya dengan tetap memperhatikan ketentuan
         perundang-undangan dan/atau peraturan Otoritas Jasa Keuangan.
      3. RUPS diselenggarakan dengan melakukan pemanggilan terlebih
         dahulu kepada para pemegang saham dengan surat tercatat
         dan/atau dengan iklan dalam surat kabar. Pemanggilan dilakukan
         paling lambat 14 (empat belas) hari sebelum tanggal
         diselenggarakan RUPS dengan tidak memperhitungkan tanggal
         panggilan dan tanggal RUPS. Dalam pemanggilan itu, harus
         dicantumkan acara, waktu, dan tempat penyelenggaraan RUPS
         dengan disertai pemberitahuan bahwa bahan yang akan dibicarakan
         dalam RUPS tersedia di kantor Perseroan, mulai dari hari dilakukan
         pemanggilan sampai dengan tanggal RUPS diadakan.
      4. Apabila semua pemegang saham dengan hak suara yang sah
         hadir atau diwakili dalam RUPS, maka pemanggilan terlebih
         dahulu sebagaimana dimaksud dalam ayat 3 tidak menjadi
         syarat dan dalam RUPS itu dapat diambil keputusan yang sah
         serta mengikat mengenai hal yang akan dibicarakan, sedangkan
         RUPS dapat diselenggarakan di mana pun juga dalam wilayah
         Republik Indonesia.
      5. RUPS dipimpin oleh anggota Dewan Komisaris yang ditunjuk
         oleh Dewan Komisaris.
      6. Dalam hal semua anggota Dewan Komisaris tidak ada atau
         berhalangan hadir karena sebab apa pun yang tidak perlu
         dibuktikan kepada pihak ketiga, RUPS dipimpin oleh salah
         seorang anggota Direksi yang ditunjuk oleh Direksi.
      7. Dalam hal semua anggota Dewan Komisaris atau anggota Direksi
         tidak ada atau berhalangan hadir karena sebab apa pun yang
         tidak perlu dibuktikan kepada pihak ketiga, RUPS dipimpin oleh
         pemegang saham yang hadir dalam RUPS yang ditunjuk dari
         dan oleh peserta RUPS.




                                                                                                                   163
Page 164
                                                                                                      Realisasi
      No.                                   Agenda
                                                                                                     Realization

             Approved the amendment to Article 9 of the Company's Articles of It has been fully implemented where the
             Association, so that further Article 9 of the Company's Articles of Shareholders approve the Amendment
             Association reads as follows:                                              to Article 9 of the Company's Articles of
                                                                                        Association.
             VENUE, INVITATION AND CHAIRMAN OF THE GMS
             ARTICLE 9
             1. The General Meeting of Shareholders (hereinafter referred to as
                the "GMS") is held at the domicile of the Company, or at the
                place where the Company conducts its business activities;
             2. GMS can be held electronically, either through teleconference
                media, video conferences or other electronic media facilities
                with due observance of statutory provisions and/or regulations
                of the Financial Services Authority.
             3. The GMS is held by pre-inviting the shareholders by registered
                letter and/or by advertising in newspapers. Summons are made
                no later than 14 (fourteen) days prior to the date the GMS is held
                without taking into account the date of the summons and the
                date of the GMS. In that summons, the agenda, time and place
                for holding the GMS must be stated, accompanied by notification
                that the material to be discussed at the GMS is available at the
                Company's office, starting from the day the call is made until
                the date the GMS is held.
             4. If all shareholders with valid voting rights are present or represented
                at the GMS, then the summons as referred to in paragraph 3 is
                not a requirement and valid and binding decisions can be made
                at the GMS regarding matters to be discussed, while the GMS
                can be held anywhere within the territory of the Republic of
                Indonesia.
             5. The GMS is chaired by a member of the Board of Commissioners
                appointed by the Board of Commissioners.
             6. In the event that all members of the Board of Commissioners
                are absent or unable to attend due to any reason that does not
                need to be proven to a third party, the GMS is chaired by a
                member of the Board of Directors appointed by the Board of
                Directors.
             7. In the event that all members of the Board of Commissioners or
                members of the Board of Directors are absent or unable to
                attend due to any reason that does not need to be proven to a
                third party, the GMS is presided over by a shareholder present
                at the GMS who is appointed from and by the GMS participants.
      5.     Keputusan tersebut berlaku sejak ditutupnya Rapat ini.                  Telah dilaksanakan seluruhnya.
             The resolution is effective as of the closing of this Meeting.          Fully implemented.




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RUPS Luar Biasa 9 Juni 2022                                    Extraordinary GMS on June 9, 2022
RUPS Luar Biasa diselenggarakan pada Kamis, 9 Juni             The Extraordinary GMS was held on Thursday, June
2022 di PT Maybank Indonesia Finance, Wisma Eka                9, 2022 at PT Maybank Indonesia Finance, Wisma
Jiwa Lt.10, Jl. Mangga Dua Raya Jakarta, 10730.                Eka Jiwa Lt.10, Jl. Mangga Dua Raya Jakarta, 10730.
Adapun agenda dan realisasi RUPS Luar Biasa 9 Juni             The agenda and realization of the Extraordinary GMS
2022 sebagai berikut:                                          June 9, 2022 are as follows:



                                                                                                Realisasi
     No.                                Agenda
                                                                                               Realization

1.            •   Menyetujui untuk membatalkan pengangkatan Anggota              Telah dilaksanakan seluruhnya di mana
                  Komisaris Independen Perseroan*** yang telah dilakukan         Pemegang Saham menyetujui Pembatalan
                  pengangkatan sebelumnya berdasarkan Akta tertanggal            pengangkatan Tuan Muhamad Roskanedi,
                  29 April 2021.                                                 Sarjana Hukum, sebagai Komisaris
              •   Dengan adanya pembatalan pengangkatan tersebut maka            Independen Perseroan yang telah dilakukan
                  susunan Dewan Komisaris Perseroan adalah menjadi               pengangkatan sebelumnya berdasarkan
                  sebagai berikut:                                               akta tertanggal 29-04-2021 (dua puluh
                                                                                 sembilan April dua ribu dua puluh satu)
                  •   Bp. Deswandhy Agusman selaku Presiden Komisaris            nomor 122.
                      (Independen) Perseroan; dan
                  •   Bp. Steffano Ridwan selaku Komisaris Perseroan tahun
                      buku 2022 (dua ribu dua puluh dua); dengan
                      memperhatikan usul dan rekomendasi dari Komite
                      Nominasi dan Remunerasi Perseroan.

           Setelah diadakan perhitungan suara, Pemegang Saham yang
           menyatakan blanko (abstain) dan suara yang tidak sah sebanyak
           1 (satu) suara, sesuai ketentuan Pasal 10 ayat 5 Anggaran Dasar
           Perseroan, suara blanko (abstain) dan suara yang tidak sah dianggap
           tidak ada dan tidak dihitung dalam menentukan jumlah suara yang
           dikeluarkan dalam Rapat; maka Pemegang Saham yang setuju
           sebanyak 32.369.999 (tiga puluh dua juta tiga ratus enam puluh
           sembilan ribu sembilan ratus sembilan puluh sembilan) suara atau
           yang merupakan 99,99% (sembilan puluh sembilan koma sembilan
           puluh sembilan persen), dan sesuai dengan ketentuan Pasal 102
           ayat (5) Undang-Undang No. 40 Tahun 2007 tentang Perseroan
           Terbatas, maka Rapat memutuskan untuk menyetujui usulan
           tersebut di atas.




                                                                                                                             165
Page 166
                                                                                                        Realisasi
           No.                                 Agenda
                                                                                                       Realization


                    •   Approved to cancel the appointment of the Company's              It has been fully implemented where the
                        Independent Commissioner*** who had been appointed               Shareholders agreed to cancel the
                        previously based on the Deed dated April 29, 2021.               appointment of Mr. Muhamad Roskanedi,
                    •   With the cancellation of the appointment, the composition        Bachelor of Law, as the Independent
                        of the Company's Board of Commissioners is as follows:           Commissioner of the Company which had
                                                                                         been previously appointed based on the
                        •    Mr. Deswandhy Agusman as President Commissioner             deed dated 29-04-2021 (twenty-ninth of
                             (Independent) of the Company; and                           April two thousand and twenty-one)
                        •    Mr. Steffano Ridwan as Commissioner of the Company          number 122.
                             for the financial year 2022 (two thousand twenty two);
                             with due regard to the proposals and recommendations
                             of the Nomination and Remuneration Committee of the
                             Company.

                 After the votes were counted, the Shareholders who expressed
                 blank (abstain) and invalid votes were 1 (one) vote, in accordance
                 with Article 10 paragraph 5 of the Company's Articles of Association,
                 blank (abstain) votes and invalid votes are considered non-existent
                 and not counted in determining the number of votes cast in the
                 Meeting; then the Shareholders who agreed were 32.369,999 (thirty
                 two million three hundred sixty nine thousand nine hundred ninety
                 nine) votes or which constitute 99.99% (ninety nine point ninety
                 nine percent), and in accordance with the provisions of Article 102
                 paragraph (5) of Law No. 40 of 2007 concerning Limited Liability
                 Companies, the Meeting decided to approve the above proposal.
      2.         Keputusan tersebut berlaku sejak ditutupnya Rapat ini.                  Telah dilaksanakan seluruhnya.
                 The resolution is effective as of the closing of this Meeting.          Fully implemented.
      3.         Memberi kuasa kepada Direksi untuk menuangkan hasil Rapat               Telah dilaksanakan seluruhnya.
                 tersebut dalam Akta Notaris.****
                 To authorize the Board of Directors to state the results of the         Fully implemented.
                 Meeting in a Notarial Deed.****
      ***) Nama Komisaris Independen Perseroan adalah sesuai dengan yang tertera pada Risalah Rapat Umum Pemegang
      Saham Perseroan sebagaimana atas salinannya telah disampaikan kepada para Pemegang Saham Perseroan.
      ****) Hasil keputusan Rapat telah dituangkan dalam Akta Notaris No. 54 tertanggal 9 Juni 2022.

      ***) The name of the Independent Commissioner of the Company is as stated in the Minutes of the General Meeting
      of Shareholders of the Company, copies of which have been submitted to the Shareholders of the Company.
      ****) The resolutions of the Meeting have been set forth in Notarial Deed No. 54 dated June 9, 2022.




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Dewan Komisaris
The Board of Commissioners

Dewan Komisaris adalah salah satu Organ Perseroan      The Board of Commissioners is one of the Company’s
yang berdasarkan Undang-Undang No.40 Tahun 2007        organ, which according to Law No.40 of 2007
tentang Perseroan Terbatas mempunyai tugas dan         concerning Limited Liability Companies, has duties
tanggung jawab untuk melakukan pengawasan secara       and responsibility to conduct supervision in general,
umum, dan/atau secara khusus sesuai dengan Anggaran    and/or specifically in accordance with the Company’s
Dasar Perseroan, dan memberi nasehat kepada Direksi,   Articles of Association, and provides advice to the
tanpa turut serta dalam pengambilan keputusan          Board of Directors, without taking part in making
operasional, guna mencapai maksud dan tujuan yang      operational decisions, in order to achieve the purpose
ditetapkan dalam ketentuan Anggaran Dasar dan          and objectives specified in the provision of the Articles
peraturan perundang-undangan yang berlaku.             of Association and applicable laws and regulations.

Dewan Komisaris juga bertanggung jawab untuk           The Board of Commissioners is also responsible to
memastikan terlaksananya prinsip-prinsip Tata Kelola   ensure the implementation of the principles of Good
Perusahaan yang baik dalam semua kegiatan bisnis       Corporate Governance in all business activities at all
di seluruh jenjang organisasi.                         levels of the organization.

LANDASAN HUKUM                                         LEGAL BASIS
Dalam menjalankan fungsinya, Dewan Komisaris           In carrying out its functions, the Board of Commissioners
mengacu pada peraturan berikut:                        refers to the following rules:
   1. Undang-Undang No.40 Tahun 2007 tentang               1. Law No.40 of 2007 concerning Limited Liability
       Perseroan Terbatas.                                     Companies.
   2. Peraturan OJK No.33/POJK.04/ 2014 tentang            2. FSA Regulation No.33/POJK.04/2014 concerning
       Direksi dan Dewan Komisaris Emiten atau                 Board of Directors and Board of Commissioners
       Perusahaan Publik.                                      of Issuers or Public Companies.
   3. Peraturan OJK No.18/POJK.03/ 2014 tentang            3. FSA Regulation No.18/POJK.03/2014 concerning
       Penerapan Tata Kelola Terintegrasi bagi                 the Implementation of Integrated Governance
       Konglomerasi Keuangan.                                  for Financial Conglomerates.
   4. Peraturan OJK No.17/POJK.03/2014 tentang             4. FSA Regulation No.17/POJK.03/2014 concerning
       Penerapan Manajemen Risiko Terintegrasi bagi            the Implementation of Integrated Risk
       Konglomerasi Keuangan.                                  Management for Financial Conglomerates.
   5. Surat Edaran OJK No.15/SEOJK.03/2015 tentang         5. FSA Circular Letter No.15/SEOJK.03/2015
       Penerapan Tata Kelola Terintegrasi bagi                 concerning the Implementation of Integrated
       Konglomerasi Keuangan.                                  Governance for Financial Conglomerates.
   6. Surat Edaran OJK No.14/SEOJK.03/2015 tentang         6. FSA Circular Letter No.14/SEOJK.03/2015
       Penerapan Manajemen Risiko Terintegrasi bagi            concerning the Implementation of Integrated
       Konglomerasi Keuangan.                                  Risk Management for Financial Conglomerates.
   7. Peraturan OJK No.27/POJK.03/2016 tentang             7. FSA Regulation No.27/POJK.03/2016 concerning
       Penilaian Kemampuan dan Kepatutan bagi                  Fit and Proper Test for Primary Parties of
       Pihak Utama Lembaga Jasa Keuangan.                      Financial Services Institutions.
   8. Peraturan OJK Nomor 34/POJK.03/2018 tentang          8. FSA Regulation No. 34/POJK.03/2018
       Evaluasi Kembali Pihak Utama Lembaga Jasa               concerning Re-evaluation of Main Parties of
       Keuangan.                                               Financial Services Institutions.
   9. Peraturan Otoritas Jasa Keuangan No.10/              9. Financial Services Authority Regulation No.10/
       POJK.05/2019 tentang Penyelenggaraan Usaha              POJK.05/2019 concerning Business Conduct
       Perusahaan Pembiayaan Syariah dan Unit                  of Sharia Financing Companies and Sharia
       Usaha Syariah Perusahaan Pembiayaan.                    Business Units of Financing Companies.
   10. Peraturan OJK Nomor 47/POJK.05/2020                 10. OJK Regulation Number 47/POJK.05/2020
       tentang Perizinan Usaha dan Kelembagaan                 concerning Business and Institutional Licensing
       Perusahaan Pembiayaan dan Perusahaan                    of Financing Companies and Sharia Financing
       Pembiayaan Syariah.                                     Companies.




                                                                                                                 167
Page 168
      11. Peraturan OJK Nomor 14/POJK.03/2021 tentang        11. OJK Regulation Number 14/POJK.03/2021
          Perubahan Atas Peraturan Otoritas Jasa                 concerning Amendments to Financial Services
          Keuangan Nomor 34/POJK.03/2018 tentang                 Authority Regulation Number 34/POJK.03/2018
          Penilaian Kembali bagi Pihak Utama Lembaga             Concerning Revaluation of Main Parties in
          Jasa Keuangan.                                         Financial Services Institutions.
      12. Anggaran Dasar Perseroan.                          12. The Company’s Articles of Association.

  Anggaran Dasar Perseroan yang mengatur tata kerja       The Articles of Association of the Company regulating
  Dewan Komisaris mencakup persyaratan, komposisi,        the work procedures of the Board of Commissioners
  hak dan wewenang, fungsi, tugas dan kewajiban, gaji     covers the requirements, composition, rights and
  dan fasilitas, waktu kerja dan rapat Dewan Komisaris,   authorities, functions, duties and obligations, salaries
  serta hubungan kerja antara Dewan Komisaris dan         and facilities, working hours and meetings of the
  Direksi.                                                Board of Commissioners, as well as the working
                                                          relationship between the Board of Commissioners
                                                          and the Board of Directors.

  Selain itu, Dewan Komisaris juga telah memiliki         Additionally, the Board of Commissioners also has
  Pedoman Kerja yang efektif berlaku sejak 23 November    working Guidelines, effective since November 23,
  2023.                                                   2023.

  TUGAS, TANGGUNG JAWAB DAN                               DUTIES, RESPONSIBILITIES, AND
  WEWENANG DEWAN KOMISARIS                                AUTHORITIES OF THE BOARD OF
                                                          COMMISSIONERS
  Berdasarkan Anggaran Dasar Perseroan, tugas dan         Based on the Articles of Association of the Company,
  tanggung jawab Dewan Komisaris diuraikan sebagai        duties and responsibilities of the Board of
  berikut:                                                Commissioners are described as follows:
     1. Memantau kinerja dan memberikan nasihat              1. Monitor the performance and give advice to
        kepada Direksi dalam melaksanakan kegiatan              the Board of Directors in carrying out the
        usaha Perseroan;                                        business activity of the Company;
     2. Meninjau pelaksanaan rencana Perseroan dan           2. Review the implementation of the Company’s
        rencana kerja;                                          plan and work plan;
     3. Mengawasi dan mengevaluasi kinerja Direksi;          3. Supervise and evaluate the performance of
                                                                the Board of Directors;
      4. Menelaah pembangunan dan pemanfaatan                4. Analyse the development and utilization of
         teknologi informasi;                                   information technology;
      5. Memantau implementasi manajemen risiko;             5. Monitor the implementation of risk management;
      6. Memantau efektivitas penerapan GCG; dan             6. Monitor the effectiveness of GCG application;
                                                                and
      7. Mengawasi kepatuhan Perseroan terhadap              7. Supervise the Company’s compliance with the
         perundang-undangan yang berlaku.                       applicable law.

  Wewenang Dewan Komisaris meliputi:                      The authority of the Board of Commissioners include:
    1. Meninjau seluruh dokumen seperti pembukuan,           1. Review all documents such as book keeping,
       surat, dan lainnya guna melaksanakan verifikasi          letters, and others to implement verification
       terkait informasi di dalamnya serta memiliki             regarding the information in it, and to have the
       hak untuk mengetahui seluruh keputusan dan               right to know all decisions and actions taken
       tindakan yang diambil oleh Direksi;                      by the Board of Directors;
    2. Bertanya kepada Direksi tentang seluruh hal           2. Ask the Board of Directors about everything
       yang berkaitan dengan Perseroan; dan                     that is related to the Company; and




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   3. Memberhentikan sementara anggota Direksi              3. Temporarily dismiss members of the Board of
      disertai dengan alasannya, memutuskan status             Directors and stating the reason, revoke the
      anggota Direksi tersebut, dan menunjuk                   status of the member of the Board of Directors,
      penggantinya dalam hal pemberhentian                     and appoint a successor in the event of a
      sementara.                                               temporary dismissal.

PENILAIAN UJI KEMAMPUAN DAN                            FIT-AND-PROPER TEST OF THE BOARD OF
KEPATUTAN DEWAN KOMISARIS                              COMMISSIONERS
Seluruh anggota Dewan Komisaris Perseroan              All members of the Board of Commissioners are
diwajibkan untuk memenuhi seluruh persyaratan dan      required to fulfill all requirements and have passed
telah lulus penilaian kemampuan dan kepatutan bagi     Fit-and-Proper Test for the main party as specified
pihak utama sebagaimana yang ditentukan dalam          in the Regulation of the Financial Services Authority
Peraturan Otoritas Jasa Keuangan No. 27/POJK.03/2016   No. 27/POJK.03/2016 on the Fit-and-Proper Test for
tentang Penilaian Kemampuan dan Kepatutan bagi         the Main Party.
Pihak Utama.

KOMPOSISI DEWAN KOMISARIS                              COMPOSITION OF THE BOARD OF
                                                       COMMISSIONERS
Pada tahun 2023, Dewan Komisaris Perseroan saat        In 2023, the Company's Board of Commissioners
ini berjumlah 2 orang, yang terdiri 1 orang Presiden   currently consists of 2 people, that comprises of 1
Komisaris yang juga menjabat sebagai Komisaris         President Commissioner who also serves as an
Independen, serta 1 orang anggota Komisaris.           Independent Commissioner, and 1 member of the
                                                       Commissioner.

Informasi terkait komposisi keanggotaan Dewan          Information regarding the membership composition
Komisaris, periode dan dasar pengangkatan              of the Board of Commissioners, term of office and
ditunjukkan sebagai berikut:                           basis of appointment is shown as follows:


          Nama                       Jabatan                   Dasar Pengangkatan                  Periode
          Name                       Position               Legal Basis of Appointment              Period

Deswandhy Agusman          Presiden Komisaris           •    Akta No. 264 tanggal 30        2023-2024
                           (Independen)                      Maret 2023.
                           President Commissioner
                           (Independent)                •    Deed No. 264 dated March
                                                             30, 2023.
Steffano Ridwan            Komisaris                    •    Akta No. 264 tanggal 30        2023-2026
                           Commissioner                      Maret 2023.

                                                        •    Deed No.264 dated March
                                                             30, 2023.




                                                                                                                   169
Page 170
  KEBERAGAMAN KOMPOSISI DEWAN                                      DIVERSITY IN THE COMPOSITION OF THE
  KOMISARIS                                                        BOARD OF COMMISSIONERS

  Dewan Komisaris Perseroan saat ini telah mencerminkan            The current Board of Commissioners of the Company
  keberagaman komposisi, baik dalam hal pendidikan,                has reflected the diversity in their composition, both
  pengalaman kerja, dan usia sebagaimana yang                      in terms of education, work experience, and age, as
  ditunjukkan sebagai berikut:                                     shown as follows:


        Keberagaman Komposisi                                                  Uraian
        Diversity of Composition                                             Description

      Pendidikan                      Latar belakang pendidikan Dewan Komisaris beragam,        Komposisi Dewan Komisaris telah
      Education                       mulai dari lulusan S1 hingga S2, dengan kompetensi        memenuhi unsur keberagaman,
                                      di Teknik Sipil, Administrasi Bisnis, Manajemen           yaitu perpaduan dari sisi
                                      Ekonomi, dan Perbankan.                                   pendidikan, pengalaman kerja,
                                                                                                dan usia.
                                      The educational background of the Board of
                                      Commissioners is diverse, starting from S1 to S2, The Composition of the Board
                                      with a competence in Civil Engineering, Business of Commissioners has met an
                                      Administration, Economics Management, and Banking. element of diversity, namely an
                                                                                         integration of education, work
      Pengalaman Kerja                Anggota Dewan Komisaris memiliki pengalaman di
                                                                                         experience, and age.
      Work Experience                 berbagai bidang, seperti perbankan, keuangan,
                                      akuntansi, pembiayaan, dan manajemen.

                                      Members of the Board of Commissioners have
                                      experience in various fields, such as banking, finance,
                                      accounting, financing, and management.
      Usia                            Rata-rata usia Dewan Komisaris berada pada usia
      Age                             yang memungkinkan seseorang untuk terus bekerja
                                      dan berkarya, yaitu antara 56-65 tahun.

                                      The average age of the Board of Commissioners is
                                      one that allows someone to continue to work, that
                                      is between 56-65.
      Jenis Kelamin                   Perseroan hanya memiliki 2 orang Komisaris laki-laki.
      Gender                          The Company has 2 male Commissioners.


  PEDOMAN DAN TATA TERTIB KERJA                                    CHARTER OF THE BOARD OF
  DEWAN KOMISARIS                                                  COMMISSIONERS
  Dewan Komisaris Perseroan telah memiliki Pedoman                 The Board of Commissioners of the Company has
  Kepengurusan Direksi dan Dewan Komisaris yang                    already have a Management Guideline for the Board
  berlaku sebagaimana terakhir kali diubah pada tanggal            of Directors and the Board of Commissioners
  23 November 2023, sehingga dalam menjalankan                     Management that are applied as last amended on
  tugasnya seluruh anggota Dewan Komisaris harus                   November 23, 2023, so in carrying out their duties
  mengacu pada pedoman tersebut.                                   all members of the Board of Commissioners must
                                                                   refer to these guidelines.

  KOMISARIS INDEPENDEN                                             INDEPENDENT COMMISSIONER
  Berdasarkan Peraturan Otoritas Jasa Keuangan                     Based on the Regulation of the Financial Services
  No.30/POJK.05/2014 tentang Tata Kelola Perusahaan                Authority No.30/POJK.05/2014 on Good Corporate
  yang baik bagi Perusahaan Pembiayaan dan telah                   Governance for Financing Companies that has been
  dirubah menjadi Peraturan Otoritas Jasa Keuangan                 amended to Regulation of the Financial Services
  No.29/POJK.05/2020, Perseroan wajib memiliki                     Authority No. 29/POJK.05/2020, the Company is
  paling sedikit 1 orang Komisaris Independen yang                 required to have at least 1 Independent Commissioner




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saat ini dijabat oleh Deswandhy Agusman.                                  that is currently held by Deswandhy Agusman.
Berikut aspek independensi yang telah dipenuhi oleh                       The following is the independence aspect that has
Komisaris Independen:                                                     been fulfilled by the Independent Commissioner:


                                 Aspek Independensi
                                                                                                      Deswandhy Agusman
                                Independence Aspect

Tidak memiliki hubungan keuangan dengan Dewan Komisaris dan Direksi.
Does not have any financial relation with the Board of Commissioners and                                           v
Board of Directors.
Tidak memiliki hubungan kepengurusan di perusahaan, Entitas Anak, maupun
perusahaan afiliasi.
                                                                                                                   -
Does not have any management relation in the company, Subsidiary, as well
as affiliated company.
Tidak memiliki hubungan kepemilikan saham di perusahaan.
                                                                                                                   v
Does not have share-ownership relations in the company.
Tidak memiliki hubungan keluarga dengan Dewan Komisaris, Direksi, dan/
atau sesama anggota Komite Audit.
                                                                                                                   v
Does not have family relations with the Board of Commissioners, Board of
Directors, and/or fellow members of the Audit Committee.
Tidak menjabat sebagai pengurus partai politik, pejabat, dan pemerintah.
                                                                                                                   v
Does not serve as a political party administrator, officer, and government.



HUBUNGAN AFILIASI DEWAN KOMISARIS AFFILIATE RELATIONS OF THE BOARD OF
                                  COMMISSIONERS
Hubungan afiliasi antara anggota Dewan Komisaris                          The affiliate relations between a member of the Board
dengan anggota Dewan Komisaris lainnya, Direksi,                          of Commissioners and other member of the Board
Dewan Pengawas Syariah, dan Pemegang Saham                                of Commissioners, Board of Directors, Board of Sharia
dan/atau Pemegang Saham Pengendali dapat dilihat                          Supervisors, and Shareholders and/or Controlling
pada tabel berikut:                                                       Shareholders can be seen in the following table:

                                                   Hubungan Keuangan, Keluarga, dan Kepengurusan Dewan Komisaris
                                                  Financial, Family, Management Relations of the Board of Commissioners

                                      Hubungan Keuangan dengan                          Hubungan Keluarga dengan
                                         Financial Relation with                           Family Relation with
  Nama        Jabatan                                                                                                        Hubungan
  Name        Position                                Dewan                                           Dewan
                                                                Pemegang                                        Pemegang Kepengurusan
                               Dewan                Pengawas                   Dewan                Pengawas
                                           Direksi                Saham                    Direksi                Saham     Management
                              Komisaris              Syariah                  Komisaris              Syariah
                                          Board of              Pengendali                Board of             Pengendali    Relations
                              Board of               Board of                 Board of               Board of
                                          Directors             Controlling               Directors            Controlling
                            Commissioners             Sharia                Commissioners             Sharia
                                                               Shareholders                                    Shareholders
                                                    Supervisor                                      Supervisor

Deswandhy   Presiden              -           -           -           -             -            -         -              -   -
Agusman     Komisaris
            (Independen)
            President
            Commissioner
            (Independent)

Steffano    Komisaris             -           -           -           -             -            -         -              -   Direktur
Ridwan      Commissioner                                                                                                      pada
                                                                                                                              Pemegang
                                                                                                                              Saham
                                                                                                                              Pengendali
                                                                                                                              Director of
                                                                                                                              Controlling
                                                                                                                              Shareholders




                                                                                                                                             171
Page 172
  RANGKAP JABATAN DEWAN KOMISARIS                                  CONCURRENT POSITIONS OF THE BOARD
                                                                   OF COMMISSIONERS
  Anggota Dewan Komisaris dapat merangkap jabatan                  Member of the Board of Commissioners may hold
  di perusahaan atau instansi lainnya, dalam ruang                 concurrent positions in the company or other agencies
  lingkup yang diperbolehkan dan tidak mempengaruhi                within a permitted scope that does not affect their
  kemampuannya untuk bertindak independen dalam                    ability to act independently in carrying out their duties
  menjalankan tugas dan tanggung jawabnya.                         and responsibilities.

  Berikut rangkap jabatan yang dimiliki oleh Dewan                 The followings are concurrent positions of the Board
  Komisaris hingga akhir tahun 2023:                               of Commissioners as of the end of 2023:


                                                         Jabatan pada
             Nama                       Jabatan         Perusahaan Lain     Nama Perusahaan Lain          Bidang Usaha
             Name                       Position        Position in Other   Other Company Name           Line of Business
                                                           Company

      Deswandhy                  Presiden Komisaris   Komisaris             PT Maybank Sekuritas      Industri Keuangan
      Agusman                    (Independen)         Commissioner          Indonesia                 Non-Bank
                                 President                                                            Non-Bank Financial
                                 Commissioner                                                         Industry
                                 (Independent)
      Steffano Ridwan            Komisaris            Direktur              PT Bank Maybank           Industri Perbankan
                                 Commissioner         Director              Indonesia Tbk             Banking Industry


  PELAKSANAAN TUGAS DEWAN                                          IMPLEMENTATION OF DUTY OF THE BOARD
  KOMISARIS                                                        OF COMMISSIONERS
  Sesuai dengan tugas dan fungsinya, kegiatan Dewan                According to its duties and functions, the activities
  Komisaris pada tahun 2023 sebagai berikut:                       of the Board of Commissioners in 2023 are as follows:
     1. Memberikan nasihat kepada Direksi dalam                        1. Providing advices to the Board of Directors
        melakukan kepengurusan Perseroan;                                 regarding the management of the Company;
     2. Memeriksa laporan keuangan dan laporan                         2. Examining financial statements and annual
        tahunan yang telah disiapkan oleh Direksi,                        reports prepared by the Board of Directors,
        serta menandatangani laporan tahunan; dan                         and sign the annual reports; and
     3. Memberi pendapat terkait hal-hal yang perlu                    3. Providing opinions regarding issues that need
        dilakukan guna efisiensi dan meningkatkan                         to be addressed for efficiency and to increase
        produktivitas Perseroan.                                          the Company's productivity.

  KEHADIRAN DEWAN KOMISARIS                                        ATTENDANCE OF THE BOARD OF
  DALAM RUPS                                                       COMMISSIONERS IN GMS
  Kehadiran Dewan Komisaris dalam RUPS yang                        Attendance of the Board of Commissioners in GMS
  diselenggarakan di sepanjang tahun 2023 adalah                   held in 2023 is as follows:
  sebagai berikut:


               Nama                           Jumlah RUPS              Jumlah Kehadiran                % Kehadiran
               Name                          Number of GMS                Attendance                  % of Attendance

      Deswandhy Agusman                 2                         2                            100%
      Steffano Ridwan                   2                         0                            0%




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RAPAT DEWAN KOMISARIS                                      MEETINGS OF THE BOARD OF COMMISSIONERS

Berdasarkan Anggaran Dasar Perseroan, Dewan                Based on the Articles of Association of the Company,
Komisaris wajib mengadakan rapat internal paling           the Board of Commissioners shall hold internal
sedikit 1 kali dalam 2 bulan dan rapat gabungan            meetings at least 1 time every 2 months and joint
dengan Direksi paling sedikit 1 kali dalam 4 bulan.        meetings with the Board of Directors at least 1 time
                                                           every 4 months.

Sepanjang tahun 2023, Dewan Komisaris telah                During 2023, the Board of Commissioners held 6
menyelenggarakan 6 kali rapat internal dan 4 kali          internal meetings and 4 joint meetings with the Board
rapat gabungan dengan Direksi. Informasi mengenai          of Directors. Information on the level of attendance
tingkat kehadiran ditunjukkan sebagai berikut:             is shown as follows:


                                Rapat Dewan Komisaris                                Rapat Gabungan
        Nama                Board of Commissioners’ Meeting                           Joint Meeting
        Name                  Jumlah                  Kehadiran                Jumlah               Kehadiran
                               Total                  Attendance                Total               Attendance

 Deswandhy             6                          6                     4                      4
 Agusman
 Steffano Ridwan       6                          6                     4                      4



SERTIFIKASI TINGKAT DASAR DI BIDANG                        BASIC LEVEL CERTIFICATION IN FINANCING
PEMBIAYAAN DEWAN KOMISARIS                                 OF THE BOARD OF COMMISSIONERS
Berdasarkan Peraturan Otoritas Jasa Keuangan No.35/        Based on Financial Services Authority Regulation
POJK.05/2018 tentang Penyelenggaraan Usaha                 No.35/POJK.05/2018 on the Business Administration
Perusahaan Pembiayaan, Dewan Komisaris wajib               of the Financing Company, the Board of Commissioners
memiliki sertifikat tingkat dasar di bidang pembiayaan     must have a basic level certification in financing from
dari lembaga yang ditunjuk oleh asosiasi.                  an institution appointed by the association.

Berikut sertifikasi yang telah diterima oleh Dewan         The following is the certification received by the
Komisaris:                                                 Board of Commissioners:


           Nama                        Jabatan                      Sertifikasi                Penyelenggara
           Name                        Position                    Certification                 Organizer

 Deswandhy Agusman          Presiden Komisaris             Sertifikasi Dasar             Sertifikasi Profesi
                            (Independen)                   Pembiayaan - Komisaris        Pembiayaan Indonesia
                            President Commissioner         Funding Basic Certification   Indonesian Financing
                            (Independent)                  - Commissioner                Professional Certification
 Steffano Ridwan            Komisaris                      Sertifikasi Dasar             Sertifikasi Profesi
                            Commissioner                   Pembiayaan - Komisaris        Pembiayaan Indonesia
                                                           Funding Basic Certification   Indonesian Financing
                                                           - Commissioner                Professional Certification




                                                                                                                      173
Page 174
  KEPEMILIKAN SAHAM DEWAN                                           SHARE OWNERSHIP OF THE BOARD OF
  KOMISARIS                                                         COMMISSIONERS
  Berdasarkan Peraturan Otoritas Jasa Keuangan                      Based on Financial Services Authority Regulation
  No.30/POJK.05/2014 tentang Tata Kelola Perusahaan                 No.30/POJK.05/2014 regarding Good Corporate
  yang baik bagi Perusahaan Pembiayaan dan telah                    Governance for Financing Companies and has been
  dirubah menjadi Peraturan Otoritas Jasa Keuangan                  amended to Financial Services Authority Regulation
  No.29/POJK.05/2020, Dewan Komisaris wajib                         No.29/POJK.05/2020, the Board of Commissioners
  mengungkapkan kepemilikan saham yang mencapai                     must disclose the ownership of shares amounting to
  50% atau lebih, baik pada Perseroan maupun pada                   50% or more, both for the Company and other financing
  perusahaan pembiayaan lain, yang berkedudukan di                  companies, that resides in the country and abroad.
  dalam dan di luar negeri.

  Dewan Komisaris yang menjabat saat ini tidak memiliki             The current Board of Commissioners does not own
  saham pada PT Maybank Indonesia Finance.                          shares in PT Maybank Indonesia Finance.

  PENGEMBANGAN KOMPETENSI DEWAN                                     COMPETENCE DEVELOPMENT OF THE
  KOMISARIS                                                         BOARD OF COMMISSIONERS
  Untuk meningkatkan kompetensi dalam mendukung                     To improve competence in supporting the
  pelaksanaan tugas dan tanggung jawab, anggota                     implementation of duties and responsibilities, members
  Dewan Komisaris telah mengikuti pelatihan dan                     of the Board of Commissioners have attended training
  pendidikan yang diselenggarakan oleh berbagai institusi.          and education organized by various institutions.

  Sepanjang tahun 2023, program pelatihan dan                       During 2023, the training program and competence
  pengembangan kompetensi yang telah diikuti Dewan                  development in which the Board of Commissioners
  Komisaris sebagai berikut:                                        took part are as follows:


                                                                                      Tanggal dan
                      Nama                    Jabatan              Pelatihan       Tempat Pelatihan      Penyelenggara
           No.
                      Name                    Position              Training       Training Date and       Organizer
                                                                                          Place

      1.         Deswandhy              Presiden Komisaris   Webinar Outlook       10 Januari 2023     Otoritas Jasa
                 Agusman                (Independen)         Industri Jasa         - Daring            Keuangan (OJK)
                                        President            Keuangan di Tahun     January 10, 2023    Financial Services
                                        Commissioner         2023                  - Online            Authority (OJK)
                                        (Independent)        Financial Services
                                                             Industry Outlook
                                                             Webinar in 2023
      2.         Steffano Ridwan        Komisaris            Enhancing ESG         07 Desember         Otoritas Jasa
                                        Commissioner         Through Best          2023 - Daring       Keuangan (OJK)
                                                             Practices in          December 7, 2023    Financial Services
                                                             Accounting            - Online            Authority (OJK)
                                                             Enhancing ESG
                                                             Through Best
                                                             Practices in
                                                             Accounting




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PENILAIAN ATAS KINERJA DEWAN                              ASSESSMENT ON THE PERFORMANCE OF
KOMISARIS                                                 THE BOARD OF COMMISSIONERS

PROSEDUR UNTUK PENILAIAN KINERJA                          PROCEDURE FOR PERFORMANCE ASSESSMENT
Pelaksanaan evaluasi atas kinerja Dewan Komisaris         Assessment on the Board of Commissioner’s
dilaporkan kepada Pemegang Saham melalui RUPS.            performance is reported to Shareholders through the
Penilaian kinerja tersebut ditentukan berdasarkan         GMS. This performance evaluation is determined
tugas dan kewajiban yang tercantum dalam peraturan        based on task and obligation that is specified in the
perundang-undangan yang berlaku dan Anggaran              applicable laws and regulations and the Articles of
Dasar Perseroan maupun amanat Pemegang Saham.             Association of the Company, as well as the Shareholder’s
                                                          mandate.

KRITERIA UNTUK PENILAIAN KINERJA                          CRITERIA FOR PERFORMANCE ASSESSMENT
Penilaian kinerja Dewan Komisaris mengacu pada            The assessment on the performance of the Board of
Pedoman Penilaian Kinerja Dewan Komisaris yang            Commissioner refers to the Guideline for Performance
menjelaskan bahwa Indikator Kinerja Utama atau Key        Evaluation of Board of Commissioners, which explains
Performance Indicator (KPI) merupakan target yang         that Key Performance Indicator (KPI) is a target that
harus dicapai oleh Dewan Komisaris dalam mengawasi        must be achieved by the Board of Commissioners in
kegiatan operasional Perseroan.                           supervising the operational activities of the Company.

Kriteria penilaian kinerja Dewan Komisaris meliputi:      Criteria for performance evaluation of the Board of
                                                          Commissioner include:
   1. Aspek pengawasan dan pengarahan;                       1. Supervision and direction aspect;
   2. Aspek pelaporan; dan                                   2. Reporting aspect; and
   3. Aspek dinamis (peningkatan kompetensi).                3. Dynamic aspect (competence improvement).

PIHAK YANG MELAKUKAN PENILAIAN                            THE PARTY CONDUCTING THE ASSESSMENT
Pelaksanaan penilaian Dewan Komisaris pada tahun          The assessment of the Board of Commissioners in
2023 dilaksanakan secara penilaian sendiri.               2023 was conducted by self- assessment.

PENILAIAN ATAS KINERJA GCG DEWAN                          ASSESSMENT ON THE BOARD OF
KOMISARIS                                                 COMMISSIONERS’ GCG PERFORMANCE
Penilaian kinerja bagi Dewan Komisaris dilakukan          The assessment on the performance of the Board of
dengan mempertimbangkan juga hasil penilaian              Commissioners is carried out by taking into account
sendiri atas kinerja GCG Perseroan.                       the results of the self-assessment of the Company's
                                                          GCG performance.

Adapun penilaian GCG Dewan Komisaris meliputi             The assessment on the Board of Commissioners’ GCG
aspek-aspek berikut:                                      performance includes the following aspects:
   1. Menyelenggarakan program pelatihan secara              1. Organizing training programs continuously;
      berkesinambungan;
   2. Melaksanakan pembagian tugas, tanggung                 2. Carrying out the clear division of duties,
      jawab, dan wewenang dengan jelas, serta                   responsibilities, and authority, and determine
      menentukan faktor-faktor yang dibutuhkan                  the factors that are needed to support the
      dalam mendukung pelaksanaan tugas Dewan                   implementation of the Board of Commissioners’
      Komisaris;                                                duties;
   3. Berperan dalam pencalonan anggota Direksi              3. Taking role in nominating members of the
      untuk mengevaluasi kinerja Direksi, baik individu         Board of Directors to evaluate the performance
      maupun kolegial, dan mengusulkan insentif                 of the Board of Directors, individually as well
      kinerja sesuai dengan ketentuan yang berlaku              as collegial, and to propose performance
      dan mempertimbangkan kinerja Direksi;                     incentive in accordance with applicable
                                                                provisions and taking into consideration the




                                                                                                                   175
Page 176
                                                                   performance of the Board of Directors;
      4. Melaksanakan tindakan terkait potensi benturan         4. Taking action related to the potential conflict
         kepentingan yang menyangkut dirinya;                      of interest related to the Board of Directors
                                                                   itself;
      5. Mengawasi dan memastikan bahwa pelaksanaan             5. Supervising and ensuring that good corporate
         tata kelola perusahaan yang baik telah diterapkan         governance has been applied effectively and
         dengan efektif dan berkesinambungan;                      continuously;
      6. Mengadakan rapat Dewan Komisaris yang                  6. Holding effective Board of Commissioners’
         efektif dan menghadiri rapat sesuai dengan                meetings and attending the meetings in
         peraturan perundang-undangan yang berlaku;                accordance with the applicable laws and
         dan                                                       regulations; and
      7. Memiliki organ pendukung Dewan Komisaris               7. Having effective supporting organ of the Board
         yang efektif.                                             of Commissioners.

  HASIL PENILAIAN KINERJA DEWAN                              RESULTS OF THE BOARD OF COMMISSIONERS
  KOMISARIS                                                  PERFORMANCE ASSESSMENT
  Hasil penilaian kinerja yang dilakukan Dewan Komisaris     The results of the performance assessment conducted
  Perseroan untuk tahun 2023 menunjukkan bahwa               by the Company’s Board of Commissioners for 2023
  pemenuhan tugas dan tanggung jawab telah dilakukan         show that the fulfillment of duties and responsibilities
  dengan baik, sesuai dengan peraturan yang berlaku.         has been carried out properly, in accordance with
  Hal tersebut dibuktikan dari hasil penilaian kinerja       applicable regulations. This is evidenced by the results
  Dewan Komisaris yang memperoleh predikat sangat            of the performance appraisal of the Board of
  baik.                                                      Commissioners which achieved very good predicate.

  PENILAIAN TERHADAP ORGAN PENDUKUNG                         ASSESSMENT OF THE SUPPORTING ORGANS OF
  DEWAN KOMISARIS                                            THE BOARD OF COMMISSIONERS
  Dewan Komisaris secara berkala melakukan penilaian         The Board of Commissioners periodically evaluates
  atas efektivitas kinerja Komite Audit, Komite Nominasi     the performance of the Audit Committee, the
  dan Remunerasi, dan Komite Pemantau Risiko sebagai         Nomination and Remuneration Committee, and the
  organ pendukung Dewan Komisaris dalam menjalankan          Risk Monitoring Committee as supporting organs for
  fungsi pengawasan. Pada tahun 2023, hasil penilaian        the Board of Commissioners in carrying out its
  sendiri pelaksanaan tugas dan tanggung jawab Komite        supervisory function. In 2023, the results of self-
  Audit, Komite Nominasi dan Remunerasi, serta Komite        assessment of the implementation of the duties and
  Pemantau Risiko yang memperoleh predikat sangat            responsibilities of the Audit Committee, the Nomination
  baik.                                                      and Remuneration Committee, and the Risk Monitoring
                                                             Committee achieved very good predicate.

  Sedangkan, untuk hasil penilaian kinerja Dewan             Meanwhile, the results of the performance assessment
  Pengawas Syariah memperoleh predikat sangat baik.          of the Sharia Supervisory Board obtained a very good
                                                             predicate.

  MEKANISME PENGUNDURAN DIRI                                 THE RESIGNATION MECHANISM OF THE
  DEWAN KOMISARIS                                            BOARD OF COMMISSIONERS
  Berdasarkan Anggaran Dasar Perseroan, anggota              Based on the Articles of Association of the Company,
  Dewan Komisaris berhak mengundurkan diri dari              members of the Board of Commissioners may resign
  jabatannya dengan memberitahukan secara tertulis           from their positions by notifying the Company in
  kepada Perseroan paling kurang 90 hari sebelum             writing at least 90 days prior to the date of resignation.
  tanggal pengunduran diri. Selanjutnya, dalam jangka        Furthermore, within 90 days of receipt of the request
  90 hari sejak diterimanya permohonan pengunduran           for resignation, a GMS must be convened to fill the
  diri harus diselenggarakan RUPS untuk mengisinya           vacant position of the Board of Commissioners with
  kembali posisi Dewan Komisaris yang kosong dengan          due observance of the laws and regulations and the




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memperhatikan peraturan perundang-undangan dan          Company's Articles of Association.
Anggaran Dasar Perseroan.

RENCANA KERJA DEWAN KOMISARIS                           WORK PLAN OF THE BOARD OF
TAHUN 2024                                              COMMISSIONERS IN 2024
Berdasarkan prediksi terhadap pertumbuhan ekonomi       Based on predictions of economic growth and the
dan kemungkinan-kemungkinan yang dapat terjadi          possibilities that might occur in 2024, the Board of
di 2024, maka Dewan Komisaris telah menyusun            Commissioners has prepared a number of work plans
sejumlah rencana kerja yang mencakup antara lain:       which include:
   1. Meningkatkan kinerja penjualan kredit                1. Improve financing credit sales performance by
      pembiayaan dengan mengoptimalkan media                  optimizing digital media that is useful for
      digital yang berguna untuk memberikan efisiensi         providing efficiency in processing time for
      terhadap waktu pemrosesan aplikasi                      financing applications.
      pembiayaan.
   2. Melakukan pengawasan dalam rangka kinerja            2. Supervise the performance of the Board of
      Direksi baik guna meningkatkan produktivitas            Directors in order to increase the productivity
      penyaluran pembiayaan dan perbaikan pada                of financing distribution and improve the asset
      kualitas aset.                                          quality.

PROGRAM ORIENTASI BAGI ANGGOTA                          ORIENTATION PROGRAM FOR
DEWAN KOMISARIS                                         THE MEMBERS OF THE BOARD OF
                                                        COMMISSIONERS
Perseroan menyediakan program orientasi bagi            The Company provides orientation program for new
anggota baru Dewan Komisaris, yang ditujukan untuk      members of the Board of Commissioners, aimed at
memberikan pengetahuan mengenai kondisi                 providing knowledge about the condition of the
perusahaan secara umum, untuk saling mengenal           Company in general, getting to know each other and
satu sama lain dan bekerja sama sebagai satu tim        working together as a solid, comprehensive and
yang solid, komprehensif, serta efektif dalam           effective team in carrying out the functions of the
menjalankan fungsi fungsi Dewan Komisaris.              Board of Commissioners.

Orientasi bagi anggota baru Dewan Komisaris             Orientation for new members of the Board of
dilaksanakan dalam rapat Dewan Komisaris yang           Commissioners is carried out at the Board of
pertama kali dihadiri oleh anggota baru tersebut.       Commissioners meeting which is attended for the
                                                        first time by the new members.

Pada tahun 2023 tidak ada program orientasi yang        In 2023, there were no orientation program taken.
dilakukan.




                                                                                                               177
Page 178
  Direksi
  The Board of Directors

  Berdasarkan Undang-Undang No. 40 Tahun 2007           Pursuant to Law No. 40 Year 2007 on Limited Liability
  tentang Perseroan Terbatas, Direksi merupakan organ   Companies, the Board of Directors is the organ of
  Perseroan yang berwenang dan bertanggung jawab        the Company that has the authority and full
  penuh dalam mengurus Perseroan untuk kepentingan      responsibility to manage the Company for the interest
  Perseroan sesuai dengan maksud dan tujuan Perseroan   of the Company, in accordance with the purposes
  sekaligus mewakili Perseroan, baik di dalam maupun    and objectives of the Company as well as to represent
  di luar pengadilan sesuai dengan ketentuan anggaran   the Company, either in or out the court in accordance
  dasar dan peraturan perundang-undangan yang           with the provisions of the articles of association and
  berlaku.                                              the applicable laws and regulations.

  Direksi menjalankan tugas pengelolaan Perseroan       The Board of Directors carries out the duties of
  dengan itikad baik, penuh tanggung jawab, dan         managing the Company in good faith, full of
  kehati-hatian. Meskipun pengelolaan Perseroan         responsibility and prudence. Although the management
  menjadi tanggung jawab bersama seluruh anggota        of the Company is the joint responsibility of all members
  Direksi, tetapi tetap ada pembagian tugas dan         of the Board of Directors, there is still a clear division
  wewenang yang jelas di antara setiap anggota.         of duties and authorities between each member.

  LANDASAN HUKUM                                        LEGAL BASIS
  Dalam menjalankan fungsinya, Dewan Komisaris          In carrying out its functions, the Board of Commissioners
  mengacu pada peraturan berikut:                       refers to the following rules:
     1. Undang-Undang No.40 Tahun 2007 tentang              1. Law No.40 of 2007 concerning Limited Liability
        Perseroan Terbatas.                                     Companies.
     2. Peraturan OJK Nomor 34/POJK.03/2018 tentang         2. FSA Regulation No. 34/POJK.03/2018
        Evaluasi Kembali Pihak Utama Lembaga Jasa               concerning Re-evaluation of Main Parties of
        Keuangan.                                               Financial Services Institutions.
     3. Peraturan OJK No.27/POJK.03/2016 tentang            3. FSA Regulation No.27/POJK.03/2016 concerning
        Penilaian Kemampuan dan Kepatutan bagi                  Fit and Proper Test for Primary Parties of
        Pihak Utama Lembaga Jasa Keuangan.                      Financial Services Institutions.
     4. Peraturan OJK No.33/POJK.04/ 2014 tentang           4. FSA Regulation No.33/POJK.04/2014 concerning
        Direksi dan Dewan Komisaris Emiten atau                 Board of Directors and Board of Commissioners
        Perusahaan Publik.                                      of Issuers or Public Companies.
     5. Peraturan OJK No.18/POJK.03/ 2014 tentang           5. FSA Regulation No.18/POJK.03/2014 concerning
        Penerapan Tata Kelola Terintegrasi bagi                 the Implementation of Integrated Governance
        Konglomerasi Keuangan.                                  for Financial Conglomerates.
     6. Peraturan OJK No.17/POJK.03/2014 tentang            6. FSA Regulation No.17/POJK.03/2014 concerning
        Penerapan Manajemen Risiko Terintegrasi bagi            the Implementation of Integrated Risk
        Konglomerasi Keuangan.                                  Management for Financial Conglomerates.
     7. Surat Edaran OJK No.15/SEOJK.03/2015 tentang        7. FSA Circular Letter No.15/SEOJK.03/2015
        Penerapan Tata Kelola Terintegrasi bagi                 concerning the Implementation of Integrated
        Konglomerasi Keuangan.                                  Governance for Financial Conglomerates.
     8. Surat Edaran OJK No.14/SEOJK.03/2015 tentang        8. FSA Circular Letter No.14/SEOJK.03/ 2015
        Penerapan Manajemen Risiko Terintegrasi bagi            concerning the Implementation of Integrated
        Konglomerasi Keuangan.                                  Risk Management for Financial Conglomerates.
     9. Anggaran Dasar Perseroan.                           9. The Company’s Articles of Association.




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PEDOMAN DAN TATA TERTIB KERJA DIREKSI                      CHARTER OF THE BOARD OF DIRECTORS

Anggaran Dasar Perseroan mengatur tata kerja Direksi       The Articles of Association of the Company specify
yang meliputi persyaratan, komposisi, hak dan              the job description of the Board of Directors which
wewenang, fungsi, tugas dan kewajiban, gaji dan            covers requirements, composition, rights and authority,
fasilitas, waktu kerja dan rapat Direksi, serta hubungan   function, duties and obligations, salary and facility,
kerja antara Dewan Komisaris dan Direksi. Selain itu,      working hours and meetings of Board of Directors,
Direksi juga telah memiliki Pedoman Kerja yang             as well as work relations between the Board of
berlaku sebagaimana terakhir kali diubah pada tanggal      Commissioners and Board of Directors. In addition,
23 November 2023, yang antara lain mengatur tentang:       the Board of Directors also had Work Guidelines that
                                                           are applied as last amended on November 23, 2023,
                                                           which among others regulates:
   1. Organisasi                                              1. Organization
   2. Tata Cara Pengangkatan Dewan Komisaris dan              2. Procedure for Appointment of Board of
      Direksi                                                     Commissioners and Board of Directors
   3. Tugas dan Tanggung jawab Dewan Komisaris                3. Duties and Responsibilities of Board of
      dan Direksi                                                 Commissioners and Board of Directors
   4. Independensi                                            4. Independence
   5. Rapat Direksi, Rapat Direksi dan Dewan                  5. Board of Directors Meetings, Board of Directors
      Komisaris, dan Rapat Internal Dewan Komisaris               & Board of Commissioners Meetings and Board
                                                                  of Commissioners Internal Meetings;
   6. Benturan Kepentingan                                    6. Conflict of Interest
   7. Transparansi                                            7. Transparency

TUGAS, TANGGUNG JAWAB DAN                                  DUTIES, RESPONSIBILITIES, AND
WEWENANG DIREKSI                                           AUTHORITIES OF THE BOARD OF
                                                           DIRECTORS
Berdasarkan Anggaran Dasar Perseroan, tugas dan            Based on the Articles of Association of the Company,
tanggung jawab Direksi diuraikan sebagai berikut:          duties and responsibilities of the Board of Directors
                                                           are described as follows:
   1. Memimpin dan mengurus Perseroan sesuai                  1. Leading and managing the Company in
      dengan kepentingan dan tujuan Perseroan;                   accordance with the interest and objective of
                                                                 the Company;
   2. Menentukan misi dan tujuan Perseroan;                   2. Determining the mission and objective of the
                                                                 Company;
   3. Melaksanakan manajemen risiko;                          3. Implementing risk management;
   4. Menindaklanjuti temuan auditor internal dan             4. Following up the findings of internal and external
      eksternal, serta melaporkannya kepada Dewan                auditors, and report it to the Board of
      Komisaris;                                                 Commissioners;
   5. Melakukan pelaporan terkait informasi yang relevan      5. Preparing a report related to relevant information
      kepada Dewan Komisaris mencakup suksesi/                   to the Board of Commissioners that includes
      mutasi/promosi manajer kunci (senior), program             succession/mutation/ promotion of key
      pengembangan SDM, pertanggungjawaban                       managers (senior), HRD development program,
      manajemen risiko, dan kinerja pemanfaatan                  responsibility of risk management, and
      teknologi informasi;                                       performance of information technology
                                                                 utilization;
   6. Menyelenggarakan RUPS; dan                              6. Organizing GMS; and
   7. Memperhatikan kepentingan para pemangku                 7. Observing the interest of stakeholders based
      kepentingan berdasarkan nilai-nilai etika dan              on ethical values and the applicable laws and
      peraturan perundang-undangan yang berlaku.                 regulations.




                                                                                                                    179
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  Direksi memiliki wewenang sebagai berikut:                 The authority of the Board of Directors includes:
     1. Mewakili Perseroan di dalam dan di luar                 1. Representing the Company inside and outside
        Pengadilan, serta menjalankan seluruh tindakan             the Court, and undertake all actions related to
        terkait kepengurusan maupun kepemilikan;                   management and ownership;
     2. Melakukan perbuatan hukum untuk mengalihkan,            2. Undertake legal actions to transfer, to waive
        melepaskan hak, atau menjadikan jaminan                    the right, or to turn all or more than 50% of
        utang seluruh atau lebih dari 50% jumlah                   the total net assets of the Company into a debt
        kekayaan bersih Perseroan sesuai dengan yang               guarantee as stated in the Company’s last
        dinyatakan dalam laporan posisi keuangan                   statement of financial position that is ratified
        Perseroan terakhir yang disahkan oleh RUPS;                by the GMS;
     3. 2 orang Direktur atas nama Direksi berhak               3. 2 Directors has the right to represent the Company
        untuk mewakili Perseroan; dan                              on behalf of the Board of Directors; and
     4. Dalam hal tertentu, Direksi berhak untuk                4. In certain cases, the Board of Directors has the
        mengangkat seorang atau lebih untuk dijadikan              right to appoint one person or more to serve
        sebagai wakil atas kuasa yang dimilikinya                  as a representative of its power, by granting
        dengan memberikan kekuasaan sebagaimana                    power as stipulated in the power of attorney.
        diatur dalam surat kuasa.

  Tindakan-tindakan Direksi yang harus mendapat              The following are the Board of Director’s actions that
  persetujuan dari Dewan Komisaris antara lain:              are subject to approval from the Board of
                                                             Commissioners:
        1. Meminjam atau meminjamkan uang atas nama             1. Borrowing and lending money on behalf of the
           Perseroan (tidak termasuk mengambil uang                 Company (not including withdrawing Company’s
           Perseroan di Bank);                                      money from the bank);
        2. Mendirikan suatu usaha baru atau turut serta         2. Establishing a new business or participating
           dalam perusahaan lain, baik di dalam ataupun             in another company, in the country or abroad;
           di luar negeri; dan                                      and
        3. Membeli, menjual, membebankan, atau dengan           3. Purchasing, selling, impose upon, or in another
           cara lain mendapatkan atau melepaskan hak                way obtain or waive the right to immovable
           atas barang-barang tidak bergerak, termasuk              assets, including immovable building and the
           bangunan-bangunan tidak bergerak dan hak-                rights over the Company’s land, as long as it
           hak atas tanah Perseroan, sepanjang tidak                does not include deeds required by the
           termasuk perbuatan-perbuatan yang disyaratkan            applicable law.
           oleh perundang-undangan yang berlaku.

  RUANG LINGKUP PEKERJAAN DAN                                SCOPE OF WORK AND RESPONSIBILITIES
  TANGGUNG JAWAB MASING-MASING                               OF EACH MEMBER OF THE BOARD OF
  ANGGOTA DIREKSI                                            DIRECTORS
  Berdasarkan Pedoman Kerja Direksi, pembagian               Based on the Board of Directors’ Work Guidelines,
  tugas masing- masing Direksi dilaksanakan bertujuan        the distribution of duties of each Director is carried
  untuk memastikan agar fungsi pengelolaan Perseroan         out with the aim of ensuring that the Company’s
  lebih efektif dan efisien. Pembagian tugas Direksi         management functions are more effective and efficient.
  ditunjukkan sebagai berikut:                               The distribution of duties of the Board of Directors
                                                             is shown as follows:
                   Nama                      Ruang Lingkup Pekerjaan               Tugas dan Tanggung Jawab
                   Name                          Scope of Work                      Duties and Responsibilities

      Alexander                         Presiden Direktur                      Mengkoordinasikan pengelolaan
                                        President Director                     Perseroan.
                                                                               Coordinating the management of the
                                                                               Company.




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                Nama                        Ruang Lingkup Pekerjaan                    Tugas dan Tanggung Jawab
                Name                            Scope of Work                           Duties and Responsibilities

 Miki Effendi Lim                     Direktur Pemasaran                          Memimpin dan memberi arahan
                                      Marketing Director                          penyusunan serta merumuskan
                                                                                  kebijakan dan strategi, pemutakhiran,
                                                                                  dan sosialisasi di bidang pemasaran.
                                                                                  Leading and directing the
                                                                                  preparation, and formulating policies
                                                                                  and strategies, updating, and
                                                                                  socializing in the field of marketing.
 Arief Soerendro                      Direktur Operasional                        Memimpin dan mengarahkan
                                      Operational Director                        penyusunan serta perumusan
                                                                                  kebijakan dan strategi, keuangan,
                                                                                  sistem informasi, penagihan dan
                                                                                  hukum, pemutakhiran, dan sosialisasi
                                                                                  di bidang operasional Perseroan.
                                                                                  Leading and directing the
                                                                                  preparation, and formulating policies
                                                                                  and strategies, finance, information
                                                                                  systems, billing and law, updating,
                                                                                  and socializing in the Company’s field
                                                                                  of operations.



UJI KEMAMPUAN DAN KEPATUTAN                                 FIT-AND-PROPER TEST OF THE BOARD OF
DIREKSI                                                     DIRECTORS
Seluruh anggota Direksi Perseroan diwajibkan untuk          All members of the Board of Directors of the Company
memenuhi seluruh persyaratan dan telah lulus penilaian      are required to fulfill all requirements and must have
kemampuan dan kepatutan bagi pihak utama                    passed the Fit-and-Proper Test for the main party as
sebagaimana yang ditentukan dalam Peraturan                 specified in the Financial Services Authority Regulation
Otoritas Jasa Keuangan No.27/POJK.05/2016 tentang           No.27/POJK.05/2016 on Fit-and-Proper Test for the
Penilaian Kemampuan dan Kepatutan bagi Pihak                Main Party. The followings are results of the Board
Utama. Berikut penilaian kemampuan dan kepatutan            of Directors' fit-and- proper test.
yang dimiliki Direksi.


                                     Tanggal Lulus Uji
      Nama           Jabatan    Kemampuan dan Kepatutan              Pelaksana           Hasil          Tanggal Efektif
      Name           Position   Passing Date of the Fit-and-         Organizer           Result          Effective Date
                                        Proper Test

 Alexander          Presiden    11 September 2014 berdasarkan    O t o r i t a s J a s a Lulus       11 September 2014
                    Direktur    Keputusan Dewan Komisioner       Keuangan                Passed      September 11, 2014
                    President   Otoritas Jasa Keuangan No.       Financial Services
                    Director    KEP-2261/NB.1/2014.              Authority
                                September 11, 2014 based on
                                the Decision of the Board of
                                Commissioners of the Financial
                                Services Authority No. KEP-
                                2261/NB.1/2014.




                                                                                                                            181
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                                              Tanggal Lulus Uji
           Nama               Jabatan    Kemampuan dan Kepatutan                 Pelaksana           Hasil      Tanggal Efektif
           Name               Position   Passing Date of the Fit-and-            Organizer           Result      Effective Date
                                                 Proper Test

      Miki Effendi Lim     Direktur      20 Oktober 2010 berdasarkan         Kementerian           Lulus      20 Oktober 2010
                           Director      Keputusan Ketua Badan               Keuangan              Passed     October 20, 2010
                                         Pengawas Pasar Modal dan            Republik
                                         Lembaga Keuangan No. KEP-           Indonesia
                                         457/ BL/2010.                       Ministry of
                                         October 20, 2010 based on           Finance of the
                                         the Decision of the Chairperson     Republic of
                                         of t h e C a p i t a l M a r ke t   Indonesia
                                         Supervisory Agency Regulation
                                         No. KEP-457/BL/2010.
      Arief Soerendro      Direktur      18 April 2017 berdasarkan           O t o r i t a s J a s a Lulus    18 April 2017
                           Director      Keputusan Dewan Komisioner          Keuangan                Passed   April 18, 2017
                                         Otoritas Jasa Keuangan No.          Financial Services
                                         KEP-181/NB.11/2017.                 Authority
                                         April 18, 2017 based on the
                                         Decision of the Board of
                                         Commissioners of the Financial
                                         Services Authority No. KEP-
                                         181/ NB.11/2017.


  KOMPOSISI DIREKSI                                                     COMPOSITION OF THE BOARD OF
                                                                        DIRECTORS
  Pada tahun 2023, Direksi Perseroan berjumlah 3                        In 2023, the Board of Directors of the Company
  orang, yang terdiri 1 orang Presiden Direktur dan 2                   consisted of 3 persons, comprising 1 President Director
  orang anggota Direktur dengan masa jabatan 3 tahun.                   and 2 Director members with a term of office of 3
  Informasi terkait komposisi keanggotaan Direksi,                      years. Information on the composition of the Board
  periode dan dasar pengangkatannya ditunjukkan                         of Directors membership, term of office and basis of
  sebagai berikut:                                                      appointment is shown as follows:


          Nama                Jabatan                           Dasar Pengangkatan                                   Periode
          Name                Position                       Legal Basis of Appointment                               Period

      Alexander          Presiden          •   Akta No. 264 tanggal 30 Maret 2023.                            2023-2026
                         Direktur          •   Deed No. 264, dated March 30, 2023.
                         President
                         Director
      Miki Effendi       Direktur          •   Akta No. 264 tanggal 30 Maret 2023.                            2023-2026
      Lim                Director          •   Deed No. 264, dated March 30, 2023.
      Arief              Direktur          •   Akta No. 264 tanggal 30 Maret 2023.                            2023-2026
      Soerendro          Director          •   Deed No. 264, dated March 30, 2023.




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KEBERAGAMAN KOMPOSISI DIREKSI                              DIVERSITY IN THE COMPOSITION OF THE
                                                           BOARD OF DIRECTORS
Perseroan belum memiliki kebijakan yang mengatur           The Company does not have a policy that regulates
tentang keberagaman komposisi Direksi. Meski               diversity in the composition of the Board of Directors.
demikian, komposisi Direksi telah memenuhi unsur           However, the composition of the Board of Directors
keberagaman yang terdiri dari berbagai latar               has met an element of diversity that consists of a
pendidikan, pengalaman kerja, usia, dan gender yang        variety of educational, work experience, age, and
ditunjukkan sebagai berikut:                               gender background that is shown as follows:


    Keberagaman Komposisi                                               Uraian
    Diversity of Composition                                          Description

Pendidikan                      Latar belakang pendidikan Direksi beragam,           Komposisi Direksi telah memenuhi
Education                       mulai dari lulusan S1 hingga S3, dengan              unsur keberagaman, yaitu perpaduan
                                kompetensi di ekonomi pemasaran, manajemen           dari sisi pendidikan, pengalaman
                                keuangan, manajemen strategis, dan sosial            kerja, dan usia.
                                politik.                                             The Composition of the Board of
                                The educational background of the Board of           Directors has met an element of
                                Directors is diverse, starting from S1 to S3         diversity, namely an integration of
                                graduates, with competence in marketing              education, work experience, and
                                economics, financial management, strategic           age.
                                management, and social politics.
Pengalaman Kerja                Anggota Direksi memiliki pengalaman di
Work Experience                 berbagai bidang, seperti perbankan, keuangan,
                                akuntansi, pemasaran, pembiayaan, dan
                                manajemen.
                                Members of the Board of Directors have
                                experience in various fields, such as banking,
                                finance, accounting, marketing, financing, and
                                management.
Usia                            Rata-rata usia Direksi berada pada usia yang
Age                             memungkinkan seseorang untuk terus bekerja
                                dan berkarya, yaitu antara 46-53 tahun.
                                The average age of the Board of Directors is
                                one that allows someone to continue to work,
                                that is between 46-53 years old.
Jenis Kelamin                   Seluruh Direksi yang sedang menjabat berjenis
Gender                          kelamin pria. Namun, tidak menutup
                                kemungkinan bahwa ke depannya Perseroan
                                mengangkat anggota Direksi berjenis kelamin
                                wanita.
                                All incumbent members of the Board of
                                Directors are males. However, it is not impossible
                                that in the future the Company will appoint
                                females as members of the Board of Directors.




                                                                                                                           183
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  HUBUNGAN AFILIASI DIREKSI                                                          AFFILIATE RELATIONS OF THE BOARD OF
                                                                                     DIRECTORS
  Hubungan afiliasi antara anggota Direksi dengan                                    The affiliate relations between a member of the Board
  anggota Direksi lainnya, Dewan Komisaris, Dewan                                    of Directors and other member of the Board of
  Pengawas Syariah, dan Pemegang Saham dan/atau                                      Directors, Board of Commissioners, Board of Sharia
  Pemegang Saham Pengendali dapat dilihat pada                                       Supervisors, and Shareholders and/or Controlling
  tabel berikut:                                                                     Shareholders can be seen in the following table:


                                                            Hubungan Keuangan, Keluarga, dan Kepengurusan Dewan Komisaris
                                                           Financial, Family, Management Relations of the Board of Commissioners

                                             Hubungan Keuangan dengan                                 Hubungan Keluarga dengan
                                               Financial Relation with                                   Family Relation with
       Nama       Jabatan                                                                                                                    Hubungan
                                                              Dewan                                                   Dewan
       Name       Position                                                 Pemegang                                               Pemegang Kepengurusan
                                   Dewan                     Pengawas                       Dewan                    Pengawas
                                                 Direksi                     Saham                        Direksi                   Saham   Management
                                  Komisaris                   Syariah                      Komisaris                  Syariah
                                                Board of                   Pengendali                    Board of                 Pengendali     Relations
                                  Board of                    Board of                     Board of                  Board of
                                                Directors                  Controlling                   Directors                Controlling
                              Commissioners                    Sharia                    Commissioners                 Sharia
                                                                          Shareholders                                            Shareholders
                                                             Supervisor                                              Supervisor

  Alexander    Presiden                -            -            -              -              -             -           -             -               -
               Direktur
               President
               Director

  Miki Effendi Direktur                -            -            -              -              -             -           -             -               -
  Lim          Director

  Arief        Direktur
  Soerendro    Director


  RANGKAP JABATAN DIREKSI                                                            CONCURRENT POSITIONS OF THE BOARD
                                                                                     OF DIRECTORS
  Berdasarkan Peraturan Otoritas Jasa Keuangan                                       Based on the Regulation of Financial Services Authority
  No.30/POJK.05/2014 tentang Tata Kelola Perusahaan                                  No.30/ POJK.05/2014 on Good Corporate Governance
  yang baik bagi Perusahaan Pembiayaan, anggota                                      for Financing Companies, members of the Board of
  Direksi Perseroan dilarang melakukan rangkap jabatan                               Directors of the Company are prohibited from holding
  sebagai Direksi pada perusahaan lain, kecuali sebagai                              a position at the Board of Directors of another company,
  anggota Dewan Komisaris paling banyak pada 3                                       except as member of the Board of Commissioners in
  perusahaan lain.                                                                   at most 3 other companies.

  Pada tahun 2023, seluruh Direksi yang sedang                                       In 2023, all incumbent members of the Board of
  menjabat tidak merangkap jabatan di perusahaan                                     Directors did not hold concurrent positions in any
  manapun.                                                                           other company.


                                                                           Jabatan pada                Nama Perusahaan
              Nama                             Jabatan                    Perusahaan Lain                    Lain                      Bidang Usaha
              Name                             Position                   Position in Other             Other Company                 Line of Business
                                                                             Company                        Name

      Alexander                       Presiden Direktur                      Tidak ada                     Tidak ada                       Tidak ada
                                      President Director                       None                          None                            None
      Miki Effendi Lim                Direktur                               Tidak ada                     Tidak ada                       Tidak ada
                                      Director                                 None                          None                            None
      Arief Soerendro                 Direktur                               Tidak ada                     Tidak ada                       Tidak ada
                                      Director                                 None                          None                            None




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PELAKSANAAN TUGAS DIREKSI                                       IMPLEMENTATION OF DUTY OF THE BOARD
                                                                OF DIRECTORS
Sepanjang tahun 2023, Direksi telah menjalankan                 Throughout 2023, the Board of Directors has conducted
seluruh tugas dan tanggung jawabnya untuk mengelola             all of their duties and responsibilities well in managing
Perseroan dengan baik, sesuai dengan amanat                     the Company as mandated by Shareholders and
Pemegang Saham dan Anggaran Dasar Perseroan.                    Articles of Association of Company.

KEHADIRAN DIREKSI DALAM RUPS                                    ATTENDANCE OF THE BOARD OF
                                                                DIRECTORS IN GMS
Kehadiran Direksi dalam RUPS yang diselenggarakan               Attendance of the Board of Directors in GMS held in
di sepanjang tahun 2023 adalah sebagai berikut:                 2023 is as follows:


             Nama                   Jumlah RUPS                    Jumlah Kehadiran                % Kehadiran
             Name                  Number of GMS                      Attendance                  % of Attendance

 Alexander                                2                                 2                           100%
 Miki Effendi Lim                         2                                 2                           100%
 Arief Soerendro                          2                                 2                           100%


RAPAT DIREKSI                                                   MEETINGS OF THE BOARD OF DIRECTORS
Berdasarkan Anggaran Dasar Perseroan, Direksi wajib             Based on the Articles of Association of the Company,
mengadakan rapat internal paling sedikit 1 kali dalam           the Board of Directors is required to hold internal
1 bulan dan rapat gabungan dengan Dewan Komisaris               meetings at least 1 time in 1 month and joint meetings
paling sedikit 1 kali dalam 4 bulan.                            with the Board of Commissioners at least 1 time in 4
                                                                months.

Sepanjang tahun 2023, Direksi telah menyelenggarakan            Throughout 2023, the Board of Directors held 12
12 kali rapat internal Direksi dan 4 kali rapat gabungan        internal meetings of the Board of Directors and 4
dengan Dewan Komisaris. Informasi mengenai                      joint meetings with the Board of Commissioners.
frekuensi kehadiran dalam rapat ditunjukkan sebagai             Information about frequency of attendance in the
berikut:                                                        meetings is shown as follows:


                                      Rapat Direksi                                      Rapat Gabungan
        Nama                    Board of Directors’ Meeting                               Joint Meeting
        Name                   Jumlah               Kehadiran                     Jumlah               Kehadiran
                                Total               Attendance                     Total               Attendance

 Alexander                       12                        12                        4                       4
 Miki Effendi Lim                12                        12                        4                       4
 Arief Soerendro                 12                        12                        4                       4




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  SERTIFIKASI TINGKAT DASAR DI BIDANG                               BASIC LEVEL CERTIFICATION IN FINANCING
  PEMBIAYAAN DIREKSI                                                OF THE BOARD OF DIRECTORS
  Direksi wajib memiliki sertifikat tingkat dasar di bidang         The Board of Directors is required to have a basic
  pembiayaan dari lembaga yang ditunjuk oleh asosiasi.              level certification in financing from institutions
  Hal tersebut berdasarkan Peraturan Otoritas Jasa                  appointed by the association. This is based on the
  K e u a n g a n N o. 35/ P OJ K .0 5/2 01 8 t e n t a n g         Regulation of the Financial Services Authority No.35/
  Penyelenggaraan Usaha Perusahaan Pembiayaan.                      POJK.05/2018 on the Implementation of the Business
  Berikut sertifikasi yang telah dimiliki oleh Direksi:             of Financing Companies. The following are certifications
                                                                    received by the Board of Directors:

                  Nama                              Jabatan                 Sertifikasi                     Penyelenggara
                  Name                              Position               Certification                      Organizer

      Alexander                          Presiden Direktur          Sertifikasi Ahli Pembiayaan       Sertifikasi Profesi
                                         President Director         Financing Expert                  Pembiayaan Indonesia
                                                                    Certification                     Indonesian Financing
                                                                                                      Professional Certification
      Miki Effendi Lim                   Direktur                   Sertifikasi Ahli Pembiayaan       Sertifikasi Profesi
                                         Director                   Financing Expert                  Pembiayaan Indonesia
                                                                    Certification                     Indonesian Financing
                                                                                                      Professional Certification
      Arief Soerendro                    Direktur                   Sertifikasi Ahli Pembiayaan       Sertifikasi Profesi
                                         Director                   Financing Expert                  Pembiayaan Indonesia
                                                                    Certification                     Indonesian Financing
                                                                                                      Professional Certification


  KEPEMILIKAN SAHAM DIREKSI                                         SHARE OWNERSHIP OF THE BOARD OF
                                                                    DIRECTORS
  Berdasarkan Peraturan Otoritas Jasa Keuangan                      Based on the Regulation of the Financial Services
  No.30/POJK.05/2014 tentang Tata Kelola Perusahaan                 Authority No 30/ POJK.05/2014 on Good Corporate
  yang baik bagi Perusahaan Pembiayaan, Direksi wajib               Governance for Financing Companies, the Board of
  mengungkapkan kepemilikan saham yang mencapai                     Directors is required to disclose ownership of shares
  50% atau lebih, baik pada Perseroan maupun pada                   amounting to 50% or more, both at the Company
  perusahaan pembiayaan lain, yang berkedudukan di                  and at other financing companies that resides in the
  dalam dan di luar negeri.                                         country and abroad.

  Berikut informasi terkait kepemilikan saham Direksi:              The following is information on the share ownership
                                                                    of the Board of Directors:
                                                                                Kepemilikan Saham
                                                                                 Share Ownership

           Nama                     Jabatan                                                Lembaga Jasa
                                                                      Perusahaan
           Name                     Position             Maybank                             Keuangan
                                                                    Pembiayaan Lain                             Perusahaan Lain
                                                        Indonesia                             Financial
                                                                    Other Financing                             Other Company
                                                         Finance                              Services
                                                                       Company
                                                                                             Institution

      Alexander             Presiden Direktur                  -            -                     -                      -
                            President Director
      Miki Effendi Lim      Direktur                           -            -                     -                      -
                            Director
      Arief Soerendro       Direktur                           -            -                     -                      -
                            Director




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PENGEMBANGAN KOMPETENSI DIREKSI                           COMPETENCE DEVELOPMENT OF THE
                                                          BOARD OF DIRECTORS
Untuk mendukung pelaksanaan tugas dan tanggung            To support the implementation of their duties and
jawabnya, masing- masing anggota Direksi senantiasa       responsibilities, each member of the Board of Directors
mengembangkan kompetensinya. Pengembangan                 constantly develops their competence. This competence
kompetensi ini dapat berupa keikutsertaan dalam           development can be in the form of participation in
seminar atau pelatihan terkait dengan bidang usaha        seminars or training related to the field of business.
yang dijalani.

Kegiatan pengembangan kompetensi masing-masing            The competence development program for each
anggota Direksi yang diikuti dalam tahun 2023 dapat       member of the Board of Directors in 2023 can be
dilihat pada tabel berikut:                               seen in the following table:



                                                                          Tanggal dan Tempat
           Nama       Jabatan                 Pelatihan                                              Penyelenggara
  No                                                                             Training
           Name       Position                 Training                                                Organizer
                                                                         Training Date and Place

   1    Alexander    Presiden    Webinar “Outlook Industri Jasa         10 Januari 2023 - Daring     Otoritas Jasa
                     Direktur    Keuangan di Tahun 2023”                January 10, 2023 -           Keuangan
                     President   Webinar "Financial Services Industry   Online                       (OJK)
                     Director    Outlook in 2023"                                                    Financial
                                                                                                     Services
                                                                                                     Authority
                                                                                                     (OJK)
                                 Webinar Idea Talks Volume 3 dengan     09 Februari 2023 -           Otoritas Jasa
                                 tema : Scaling Up SMEs through         Daring                       Keuangan
                                 Digitalization and Social Function     February 9, 2023 -           (OJK)
                                 Idea Talks Volume 3 Webinar with       Online                       Financial
                                 the theme: Scaling Up SMEs through                                  Services
                                 Digitalization and Social Function                                  Authority
                                                                                                     (OJK)
                                 Webinar : Pemanfaatan Analisis Big     30 Maret 2023 - Daring       Otoritas Jasa
                                 Data dalam Meningkatkan Kinerja        March 30, 2023 - Online      Keuangan
                                 Industri Jasa Keuangan                                              (OJK)
                                 Webinar: Utilization of Big Data                                    Financial
                                 Analysis in Improving the                                           Services
                                 Performance of the Financial                                        Authority
                                 Services Industry                                                   (OJK)
                                 Webinar Peluang Metaverse di Industri 11 Mei 2023 - Daring          Otoritas Jasa
                                 Jasa Keuangan                         May 11, 2023 - Online         Keuangan
                                 Webinar on Metaverse Opportunities                                  (OJK)
                                 in the Financial Services Industry                                  Financial
                                                                                                     Services
                                                                                                     Authority
                                                                                                     (OJK)
                                 Webinar : Fundamental of Wealth        16 Mei 2023 - Daring         Otoritas Jasa
                                 Management                             May 16, 2023 - Online        Keuangan
                                                                                                     (OJK)
                                                                                                     Financial
                                                                                                     Services
                                                                                                     Authority
                                                                                                     (OJK)
                                 Cohort M25+UP Part 1                   23 - 26 Mei 2023 - Luring Malayan
                                                                        (Malaysia)                Banking
                                                                        May 23 - 26, 2023 -       Berhad
                                                                        Offline (Malaysia)




                                                                                                                     187
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                                                                                Tanggal dan Tempat
               Nama          Jabatan                 Pelatihan                                              Penyelenggara
      No                                                                               Training
               Name          Position                 Training                                                Organizer
                                                                               Training Date and Place

                                        Seminar Pengalihan dan Pengakuan       25 Agustus 2023 -            Asosiasi
                                        Sertifikasi Manajemen Risiko           Luring (Jakarta)             Perusahaan
                                        Risk Management Certification          August 25, 2023 - Offline    Pembiayaan
                                        Transfer and Recognition Seminar       (Jakarta)                    Indonesia
                                                                                                            (APPI)
                                                                                                            Indonesia
                                                                                                            Finance
                                                                                                            Services
                                                                                                            Association
                                                                                                            (APPI)
      2     Arief          Direktur     Webinar “Outlook Industri Jasa         10 Januari 2023 - Daring     Otoritas Jasa
            Soerendro      Director     Keuangan di Tahun 2023”                January 10, 2023 -           Keuangan
                                        Webinar "Financial Services Industry   Online                       (OJK)
                                        Outlook in 2023"                                                    Financial
                                                                                                            Services
                                                                                                            Authority
                                                                                                            (OJK)
                                        Training : Binus Knowledge Sharing     18 Januari 2023 - Daring     Otoritas Jasa
                                        Data Science & Big Data Analysis       January 18, 2023 - Online    Keuangan
                                                                                                            (OJK)
                                                                                                            Financial
                                                                                                            Services
                                                                                                            Authority
                                                                                                            (OJK)
                                        Webinar Idea Talks Volume 3            09 Februari 2023 -           Universitas
                                        dengan tema : Scaling Up SMEs          Daring                       Bina
                                        through Digitalization and Social      Ferbuary 9, 2023 -           Nusantara
                                        Function                               Online                       Bina
                                        Idea Talks Volume 3 Webinar with                                    Nusantara
                                        the theme: Scaling Up SMEs through                                  University
                                        Digitalization and Social Function
                                        Webinar : Prospek Insurtech di         02 Maret 2023 - Daring       Otoritas Jasa
                                        Indonesia                              March 2, 2023 - Online       Keuangan
                                        Webinar : Insurtech Prospect in                                     (OJK)
                                        Indonesia                                                           Financial
                                                                                                            Services
                                                                                                            Authority
                                                                                                            (OJK)
                                        Webinar : Pemanfaatan Analisis Big     30 Maret 2023 - Daring       PT Maybank
                                        Data dalam Meningkatkan Kinerja        March 30, 2023 - Online      Indonesia
                                        Industri Jasa Keuangan                                              Finance
                                        Webinar: Utilization of Big Data
                                        Analysis in Improving the
                                        Performance of the Financial
                                        Services Industry
                                        Cohort M25+UP Part 2                   24 - 27 Juli 2023 - Luring   Malayan
                                                                               (Malaysia)                   Banking
                                                                               July 24 - 27, 2023 -         Berhad
                                                                               Offline (Malaysia)




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                                                                                         Tata Kelola Perusahaan
                                                                                            Good Corporate Governance




                                                                          Tanggal dan Tempat
        Nama         Jabatan                  Pelatihan                                              Penyelenggara
No                                                                               Training
        Name         Position                  Training                                                Organizer
                                                                         Training Date and Place

                                Undangan Forum Penguatan Audit           12 Oktober 2023 - Luring    Otoritas Jasa
                                Internal Sektor Perasuransian,           (Jakarta)                   Keuangan
                                Penjaminan, Dana Pensiun, Lembaga        October 12, 2023 -          (OJK)
                                Pembiayaan, Perusahaan Modal             Offline (Jakarta)           Financial
                                Ventura, dan Lembaga Jasa                                            Services
                                Keuangan Lainnya                                                     Authority
                                Invitation to the Forum for                                          (OJK)
                                Strengthening Internal Audit in the
                                Insurance, Guarantee, Pension Fund,
                                Financing Institution, Venture
                                Capital Company, and Other
                                Financial Services Institutions Sector
                                Undangan Dialog Akhir Tahun              04 Desember 2023 -          Otoritas Jasa
                                Dewan Komisioner OJK dan Industri        Luring (Jakarta)            Keuangan
                                Jasa Keuangan                            December 4, 2023 -          (OJK)
                                Invitation to the Year-End Dialogue      Offline (Jakarta)           Financial
                                of the OJK Board of Commissioners                                    Services
                                and the Financial Services Industry                                  Authority
                                                                                                     (OJK)
                                Kegiatan Risk and Governance             30 Desember 2023 -          Otoritas Jasa
                                Summit (RGS) 2023                        Luring (Jakarta)            Keuangan
                                Risk and Governance Summit (RGS)         December 30, 2023           (OJK)
                                2023 Activities                          - Offline (Jakarta)         Financial
                                                                                                     Services
                                                                                                     Authority
                                                                                                     (OJK)
3    Miki Effendi   Direktur    Webinar “Outlook Industri Jasa           10 Januari 2023 - Daring    Otoritas Jasa
     Lim            Director    Keuangan di Tahun 2023”                  January 10, 2023 -          Keuangan
                                Webinar "Financial Services Industry     Online                      (OJK)
                                Outlook in 2023"                                                     Financial
                                                                                                     Services
                                                                                                     Authority
                                                                                                     (OJK)
                                Training : Binus Knowledge Sharing       18 Januari 2023 - Daring    Universitas
                                Data Science & Big Data Analysis         January 18, 2023 - Online   Bina
                                                                                                     Nusantara
                                                                                                     Bina
                                                                                                     Nusantara
                                                                                                     University
                                Seminar Nasional : Tantangan             31 Januari 2023 - Daring    Asosiasi
                                Pembiayaan di Tengah Tahun Politik       (Jakarta)                   Perusahaan
                                National Seminar: Financing              January 31, 2023 -          Pembiayaan
                                Challenges in the Middle of Political    Offline (Jakarta)           Indonesia
                                Year                                                                 (APPI)
                                                                                                     Indonesia
                                                                                                     Finance
                                                                                                     Services
                                                                                                     Association
                                                                                                     (APPI)
                                Cohort M25+UP Part 1                     23 - 26 Mei 2023 - Luring Malayan
                                                                         (Malaysia)                Banking
                                                                         May 23 - 26, 2023 -       Berhad
                                                                         Offline (Malaysia)




                                                                                                                     189
Page 190
  PENILAIAN ATAS KINERJA DIREKSI                          ASSESSMENT ON THE PERFORMANCE OF
                                                          THE BOARD OF DIRECTORS
  PROSEDUR UNTUK PENILAIAN KINERJA                        PROCEDURE FOR PERFORMANCE ASSESSMENT
  Penilaian Kinerja Direksi ditentukan berdasarkan        The procedure for the assessment of the Board of
  tugas dan tanggung jawab yang tercantum dalam           Directors is determined based on their duties and
  peraturan perundang-undangan yang berlaku dan           responsibilities as stipulated in the applicable laws
  Anggaran Dasar Perseroan maupun amanat Pemegang         and regulations and in the Articles of Association of
  Saham. Penilaian kinerja ini disampaikan secara         the Company as well as by the mandate of Shareholders.
  terbuka oleh Dewan Komisaris kepada Direksi pada        This assessment shall be presented openly by the
  saat RUPS.                                              Board of Commissioners to the Board of Directors
                                                          in the GMS.

  KRITERIA UNTUK PENILAIAN KINERJA                        CRITERIA FOR PERFORMANCE ASSESSMENT
  Penilaian kinerja Direksi dilaksanakan secara berkala   The assessment of the performance of the Board of
  dan tahunan berdasarkan Key Performance Indicator       Directors is conducted periodically and annually
  (KPI). Kriteria penilaian kinerja Direksi meliputi      based on the Key Performance Indicator (KPI). The
  perspektif sebagai berikut:                             criteria for the assessment include the following
                                                          perspectives:
      1. Keuangan dan pasar;                                  1. Finance and market;
      2. Fokus pelanggan;                                     2. Customer focus;
      3. Efektivitas produk dan proses;                       3. Effectiveness of product and process;
      4. Fokus tenaga kerja; dan                              4. Manpower focus; and
      5. Kepemimpinan, tata kelola, dan tanggung              5. Leadership, governance, and social responsibility.
         jawab kemasyarakatan.

  PIHAK YANG MELAKUKAN PENILAIAN                          THE PARTY CONDUCTING THE ASSESSMENT
  Pelaksanaan penilaian Direksi pada tahun 2023           The assessment of the Board of Directors in 2023
  dilaksanakan secara penilaian sendiri.                  was conducted by self- assessment.

  PENILAIAN ATAS KINERJA GCG DIREKSI                      ASSESSMENT ON THE BOARD OF DIRECTORS’
                                                          GCG PERFORMANCE
  Perseroan melaksanakan penilaian terhadap kinerja       The Company assesses the GCG performance of the
  GCG Direksi berdasarkan kerangka acuan yang             Board of Directors based on the terms of reference
  dikembangkan oleh Perseroan, yang meliputi aspek-       developed by the Company, which includes the
  aspek evaluasi sebagai berikut:                         following aspects of evaluation:
     1. Memiliki program pengenalan dan pelatihan,            1. Having introduction and training program, and
        serta menjalankan program tersebut secara                carries out the program continuously;
        berkesinambungan;
     2. Menjalankan pengendalian operasional dan             2. Conducting operational and financial control
        keuangan terkait penerapan rencana dan                  regarding implementation of the Company’s
        kebijakan Perseroan;                                    plan and policy;
     3. Melaksanakan pengelolaan Perseroan sesuai            3. Conducting the management of the Company
        dengan Anggaran Dasar Perseroan dan                     in accordance with the Articles of Association
        peraturan perundang-undangan yang berlaku;              of the Company and applicable rules of law;
     4. Melakukan hubungan yang bernilai tambah              4. Establishing relations that may bring added
        bagi Perseroan dan para pemangku kepentingan;           value to the Company and stakeholders;
     5. Mengawasi dan mengelola kemungkinan                  5. Supervising and managing the potential of
        terjadinya benturan kepentingan anggota                 conflict of interest between members of the
        Direksi dan manajemen di bawah Direksi;                 Board of Directors and the management under
                                                                the Board of Directors;
      6. Memastikan Perseroan melakukan komunikasi           6. Ensuring that the Company carries out
         dan keterbukaan informasi sesuai dengan                communication and information transparency




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                                                                                         Good Corporate Governance




       peraturan perundang-undangan yang berlaku,              in accordance with the applicable laws and
       serta tepat waktu dalam menyampaikan                    regulations, and that the Company delivers
       informasi kepada Dewan Komisaris dan                    information to the Board of Commissioners
       Pemegang Saham;                                         and Shareholders in timely manner;
   7. Menyelenggarakan rapat Direksi dan menghadiri        7. Holding Board of Directors’ meetings and
       rapat gabungan dengan Dewan Komisaris                   attending joint meetings with the Board of
       sesuai dengan peraturan perundang-undangan              Commissioners in accordance with applicable
       yang berlaku;                                           laws and regulations;
   8. Melakukan pengawasan internal yang berkualitas       8. Conducting qualified and effective internal
       dan efektif;                                            supervision;
   9. Memiliki Sekretaris Direksi guna mendukung           9. Hiring Board of Directors Secretary to support
       tugas kesekretariatan Direksi; dan                      duties of the Board of Directors; and
   10. Mengadakan RUPS Tahunan dan RUPS Luar               10. Holding the Annual GMS and Extraordinary
       Biasa sesuai dengan peraturan perundang-                GMS in accordance with the applicable laws
       undangan yang berlaku.                                  and regulations.

HASIL PENILAIAN KINERJA DIREKSI                         RESULTS OF THE BOARD OF DIRECTORS
                                                        PERFORMANCE ASSESSMENT
Hasil penilaian kinerja Direksi pada tahun 2023,        The performance appraisal for the Board of Directors
menunjukkan bahwa anggota Direksi telah                 in 2023 show that the members of the Board of
melaksanakan tugas dan tanggung jawabnya dengan         Directors have properly carried out their duties and
baik.                                                   responsibilities.

PENILAIAN TERHADAP ORGAN                                ASSESSMENT OF THE SUPPORTING
PENDUKUNG DIREKSI                                       ORGANS OF THE BOARD OF DIRECTORS
Dalam pelaksanaan tugasnya, Direksi dibantu oleh        In implementing its duties, the Board of Directors is
Komite Manajemen Risiko, Komite Pengarah Teknologi      assisted by the Risk Management Committee, the
Informasi, Sekretaris Perusahaan, dan Audit Internal.   Information Technology Steering Committee, Corporate
                                                        Secretary, and Internal Audit.

Sepanjang tahun 2023, Direksi menilai bahwa organ       During 2023, the Board of Directors considers that
pendukung Direksi tersebut telah melaksanakan           the supporting organs of the Board of Directors have
tugasnya dengan baik dan optimal. Penilaian ini         performed their duties in a satisfactory and optimal
didasarkan pada laporan berkala yang disampaikan,       manner. This evaluation is based on periodic reports,
masukan serta rekomendasi atas hal-hal yang masuk       advice and recommendations on matters under the
ke dalam lingkup tugas Direksi serta pelaksanaan        scope of duties of Board of Directors and the
tugas organ pendukung Direksi yang dipaparkan           implementation of duties of Board of Directors’
pada Laporan Tahunan ini.                               supporting organs as presented in this Annual Report.

MEKANISME PENGUNDURAN DIRI                              THE RESIGNATION MECHANISM OF THE
DIREKSI                                                 BOARD OF DIRECTORS
Sesuai dengan ketentuan dalam Anggaran Dasar            According to the provisions specified in the Articles
Perseroan, anggota Direksi berhak mengundurkan          of Association of the Company, member of the Board
diri dari jabatannya dengan menyampaikan                of Directors has the right to tender his/her resignation
pemberitahuan secara tertulis kepada Perseroan          from his/her position by submitting a written
paling kurang 90 hari sebelum tanggal pengunduran       notification to the Company at least 90 days prior to
dirinya.                                                the date of his resignation.

Selanjutnya, dalam jangka 90 hari sejak diterimanya     Furthermore, within 90 days of receipt of the request
permohonan pengunduran diri harus diselenggarakan       for resignation, a GMS must be held to fill the vacant
RUPS untuk mengisi kembali posisi Direksi yang          position of the Board of Directors by taking into




                                                                                                                 191
Page 192
  kosong dengan memperhatikan peraturan perundang-      account the laws and regulations and the Articles of
  undangan dan Anggaran Dasar Perseroan.                Association of the Company.

  RENCANA KERJA DIREKSI TAHUN 2024                      WORK PLAN OF THE BOARD
                                                        OF DIRECTORS IN 2024
  Direksi telah berkomitmen untuk menjalankan tugas     The Board of Directors has committed to carry out
  dan tanggung jawab secara maksimal, agar Perseroan    its duties and responsibilities to the fullest, so that
  dapat mencatat pertumbuhan yang lebih kuat di         the Company can record stronger growth in the
  tahun mendatang. Pada tahun 2023, Direksi telah       coming years. In 2023, the Board of Directors has
  membuat rencana kerja untuk tahun 2024 yaitu          prepared a work plan for 2024, by anticipating the
  dengan mengantisipasi tantangan dan peluang yang      challenges and opportunities ahead, and by always
  ada di depan, dan dengan selalu memperhatikan         paying attention to developments in economic, social
  perkembangan kondisi ekonomi, sosial, dan politik     and political conditions in society.
  di masyarakat.

  PROGRAM ORIENTASI BAGI ANGGOTA                        ORIENTATION PROGRAM FOR THE
  DIREKSI                                               MEMBERS OF THE BOARD OF DIRECTORS
  Program orientasi bagi anggota Direksi dilaksanakan   An orientation program for new members of the
  agar anggota baru Direksi memahami secara mendalam    Board of Directors is carried out in order to understand
  mengenai Perseroan. Program ini dilakukan dalam       the Company thoroughly. This program is carried out
  bentuk presentasi, penyampaian materi tertulis,       in the form of presentation, submission of written
  kunjungan ke jaringan usaha dan pertemuan langsung    material, visits to business networks, and direct
  dengan pihak-pihak internal Perseroan yang akan       meetings with internal parties of the Company whom
  berhubungan selama menjalankan tugasnya selaku        will be in connection during performing their duties
  anggota Direksi.                                      as members of the Board of Directors.

  Pada tahun 2023, tidak ada program orientasi yang     In 2023, there were no orientation program taken.
  dilakukan.




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Dewan Pengawas Syariah
Sharia Supervisory Board

Sebagai perusahaan pembiayaan yang memiliki lini          As a financing company that has a sharia business
bisnis usaha syariah, Perseroan wajib memiliki Dewan      line, the Company is required to have a Sharia
Pengawas Syariah di dalam struktur organisasi             Supervisory Board in the company’s organization
perusahaan sebagaimana diatur dalam ketentuan             structure as regulated in the applicable law.
perundang-undangan yang berlaku.

Dewan Pengawas Syariah diangkat oleh RUPS atas            The Sharia Supervisory Board is appointed by the
rekomendasi Dewan Syariah Nasional Majelis Ulama          GMS at the recommendation oF the Board of National
Indonesia.                                                Sharia of the Indonesian Ulema Council.

PEDOMAN KERJA DEWAN PENGAWAS                              WORK GUIDELINE FOR THE SHARIA
SYARIAH                                                   SUPERVISORY BOARD
Dalam menjalankan tugasnya, Dewan Pengawas                In performing its duties, the Sharia Supervisory Board
Syariah mengacu pada Peraturan Otoritas Jasa              refers to the Regulation of the Financial Services
Keuangan No. 30/POJK.05/2014 tentang Tata Kelola          Authority No. 30/POJK.05/2014 on Good Corporate
Perusahaan yang baik bagi Perusahaan Pembiayaan.          Governance for Financing Companies.

TUGAS DAN TANGGUNG JAWAB DEWAN                            DUTIES AND RESPONSIBILITIES OF THE
PENGAWAS SYARIAH                                          SHARIA SUPERVISORY BOARD
Tugas dan tanggung jawab Dewan Pengawas Syariah           Duties and responsibilities of the Sharia Supervisory
meliputi:                                                 Board include:
   1. Mengawasi kegiatan usaha syariah Perseroan            1. Supervising sharia business activity of the
      agar sesuai dengan prinsip syariah;                       Company in order to conform to the principle
                                                                of sharia;
   2. Memberikan arahan dan nasihat kepada Direksi          2. Providing direction and advices to the Board
      terkait hal-hal yang berkaitan dengan prinsip             of Directors regarding matters related to the
      syariah; dan                                              sharia principle; and
   3. Menjadi mediator antara Perseroan dengan              3. Serving as mediator between the Company
      Dewan Syariah Nasional maupun Majelis Ulama               and Sharia Supervisory Board as well as the
      Indonesia dalam mengkomunikasikan gagasan                 Council of Indonesian Ulema in communicating
      dan saran terkait pengembangan produk dan                 ideas and suggestions regarding product and
      jasa Perseroan yang membutuhkan kajian dan                services development of the Company that
      fatwa Dewan Syariah Nasional maupun Majelis               requires studies and ruling (fatwa) of the
      Ulama Indonesia.                                          National Sharia Board as well as the Council
                                                                of Indonesian Ulema.

WEWENANG DEWAN PENGAWAS                                   AUTHORITIES OF THE SHARIA SUPERVISORY
SYARIAH                                                   BOARD
   1. Apabila Dewan Pengawas Syariah menilai                 1. In the event that the Sharia Supervisory Board
      terdapat kebijakan maupun tindakan anggota                considers that there are policies or actions of
      Direksi yang tidak sesuai dengan prinsip syariah,         the members of the Board of Directors that
      maka Dewan Pengawas Syariah wajib meminta                 are not in accordance with sharia principles,
      penjelasan kepada anggota Direksi terkait hal             the Sharia Supervisory Board is obliged to
      tersebut;                                                 request an explanation from the members of
                                                                the Board of Directors regarding this matter;
   2. Jika anggota Direksi menolak hasil penilaian           2. In the event that the said member of the Board
      tersebut, maka Dewan Pengawas Syariah wajib               of Directors rejects the results of the assessment,
      melaporkannya kepada Otoritas Jasa Keuangan               then the Sharia Supervisory Board shall report
      secara lengkap dan komprehensif dengan                    it completely and comprehensively to the




                                                                                                                   193
Page 194
         tembusan kepada Direksi paling lambat 7 hari                Financial Services Authority, with a copy to
         kerja sejak diterimanya penjelasan anggota                  the Board of Directors, no later than 7 working
         Direksi oleh Dewan Pengawas Syariah;                        days from the receipt of the explanation by
                                                                     the member of the Board of Directors by the
                                                                     Sharia Supervisory Board;
      3. Jika anggota Direksi menerima hasil penilaian            3. In the event that the said member of the Board
         tersebut, maka Dewan Pengawas Syariah                       of Directors accepts the evaluation result, then
         meminta anggota Direksi untuk melaksanakan                  the Sharia Supervisory Board shall ask the
         perbaikan atas kebijakan maupun tindakan                    member of the Board of Directors to make
         anggota Direksi agar sesuai dengan prinsip                  corrections to the policy and actions of the
         syariah;                                                    member of the Board of Directors in order to
                                                                     conform to the sharia principle;
      4. Memiliki hak untuk memperoleh akses informasi            4. Have the right to obtain information and data
         dan data terkait operasional Perseroan dalam bidang         regarding the Company’s operation in sharia
         syariah secara lengkap dan tepat waktu; dan                 completely and on time; and
      5. Menerima laporan tertulis secara berkala                 5. Receive written reports periodically regarding
         mengenai operasional Perseroan.                             the operations of the Company.

  PERSYARATAN ANGGOTA DEWAN                                    REQUIREMENTS OF THE SHARIA
  PENGAWAS SYARIAH                                             SUPERVISORY BOARD’S MEMBERS
  Untuk menjadi anggota Dewan Pengawas Syariah,                To become member of the Sharia Supervisory Board,
  harus memenuhi persyaratan sebagai berikut:                  the candidate shall meet the following requirements:
     1. Memiliki akhlak yang baik;                                1. Having good morals;
     2. Berkomitmen untuk memenuhi peraturan                      2. Having commitment to conform to the applicable
         perundang-undangan yang berlaku;                            laws and regulations;
     3. Mempunyai komitmen yang tinggi terhadap                   3. Having high commitment to the development
         pengembangan operasional Perseroan yang                     of a sound Company operation;
         sehat;
     4. Dinyatakan lulus atas evaluasi kemampuan                  4. Passes the Fit-and-Proper Test by the Financial
         dan kepatutan oleh Otoritas Jasa Keuangan;                  Services Authority;
     5. Berupaya untuk bertindak dengan itikad baik,              5. Act in good faith, honest, and professional;
         jujur, dan profesional;
     6. Mampu bertindak guna kepentingan pemangku                 6. Able to act on behalf of the interest of
         kepentingan;                                                stakeholders;
     7. Memprioritaskan kepentingan Perseroan;                    7. Prioritize the interest of the Company;
     8. Mampu mengambil keputusan berdasarkan                     8. Able to make decisions based on independent
         evaluasi independen dan objektif guna                       and objective evaluation for the interest of the
         kepentingan Perseroan dan para pemangku                     Company and the stakeholders;
         kepentingan;
     9. Memiliki pengetahuan dan pengalaman dalam                 9. Having the knowledge and experience in sharia
         bidang syariah mu’amalah, serta pengetahuan                  mu’amalah, and knowledge in finance in general;
         dalam bidang keuangan secara umum; dan                       and
     10. Dalam waktu 5 tahun terakhir sebelum                     10. In the last 5 years prior to being nominated,
         dicalonkan, anggota Dewan Pengawas Syariah                   the candidate has never been declared bankrupt
         tidak pernah dinyatakan pailit maupun menjadi                or as a member of the Board of Directors or
         Direksi atau Dewan Komisaris yang dinyatakan                 Board of Commissioners, the candidate has
         bersalah sehingga mengakibatkan suatu                        never been found guilty of causing a company
         perusahaan pailit.                                           to become bankrupt.




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KRITERIA DEWAN PENGAWAS SYARIAH                         CRITERIAS OF THE SHARIA
                                                        SUPERVISORY BOARD
Komposisi Dewan Pengawas Syariah memenuhi               The composition of Sharia Supervisory Board meets
kriteria sebagai berikut:                               the following criteria:
    1. Struktur Dewan Pengawas Syariah berada              1. The structure of the Sharia Supervisory Board
       setingkat dengan Dewan Komisaris;                       is at the same level as the Board of Commissioners;
    2. Dewan Pengawas Syariah terdiri dari paling          2. The Sharia Supervisory Board consists of at
       kurang 1 orang anggota dan 1 orang ketua                least 1 members and 1 chairperson and observes
       dengan memperhatikan ketentuan Otoritas                 the provisions of the Financial Services Authority,
       Jasa Keuangan, Dewan Syariah Nasional atau              the Board of National Sharia or the Council of
       Majelis Ulama Indonesia, dan peraturan                  Indonesian Ulema, and applicable laws and
       perundang- undangan yang berlaku;                       regulations;
    3. Dewan Pengawas Syariah harus berdomisili di         3. The Sharia Supervisory Board must reside in
       Indonesia; dan                                          Indonesia; and
    4. Pengangkatan Dewan Pengawas Syariah                 4. Appointment of the Sharia Supervisory Board
       dilakukan melalui RUPS atas rekomendasi dari            is made during the GMS at the recommendation
       Dewan Syariah Nasional atau Majelis Ulama               of the Board of National Sharia or the Council
       Indonesia, serta dinyatakan secara jelas dalam          of Indonesian Ulema, and is stated clearly in
       akta notaris.                                           the notarial deed.

KOMPOSISI DEWAN PENGAWAS SYARIAH                        COMPOSITION OF THE SHARIA
                                                        SUPERVISORY BOARD
Pada tahun 2023, Dewan Pengawas Syariah Perseroan       In 2023, the Sharia Supervisory Board of the Company
terdiri dari 1 orang ketua dan 1 orang anggota dengan   consisted of 1 chairperson and 1 member with a term
masa jabatan, yaitu 3 tahun. Dalam pengangkatan,        of office of 3 years. In the appointment, members of
anggota Dewan Pengawas wajib mendapat                   the Board of Supervisor must receive a recommendation
rekomendasi dari Dewan Syariah Nasional dan Majelis     from the Board of National Sharia and the Council
Ulama Indonesia. Informasi terkait komposisi            of Indonesian Ulema. Information on the membership
keanggotaan Dewan Pengawas Syariah, periode, dan        composition of Sharia Supervisory Board, term of
dasar pengangkatannya ditunjukkan sebagai berikut:      office, and basis of appointment are shown as follow:


       Nama                       Jabatan                  Periode               Dasar Pengangkatan
       Name                       Position                  Period            Legal Basis of Appointment

 Amirsyah Tambunan   Ketua Dewan Pengawas Syariah         2021-2024     •   Akta No. 122 Tanggal 29 April 2021
                     Chairperson of the Sharia                              Deed No.122 dated April 29, 2021.
                     Supervisory Board
 Sodikun             Anggota Dewan Pengawas Syariah       2021-2024     •   Akta No. 122 Tanggal 29 April 2021
                     Member of the Sharia Supervisory                       Deed No.122 dated April 29, 2021
                     Board


PENILAIAN UJI KEMAMPUAN DAN                             FIT-AND-PROPER TEST OF THE SHARIA
KEPATUTAN DEWAN PENGAWAS SYARIAH                        SUPERVISORY BOARD
Seluruh anggota Dewan Pengawas Syariah Perseroan        All members of the Sharia Supervisory Board of the
diwajibkan untuk memenuhi seluruh persyaratan dan       Company is required to meet all requirements and
telah lulus penilaian kemampuan dan kepatutan bagi      has passed the Fit-and-Proper Test for the main party
pihak utama sebagaimana yang ditentukan dalam           as specified in the Regulation of the Financial Services
Peraturan Otoritas Jasa Keuangan No. 27/ POJK.03/2016   Authority Regulation No. 27/POJK.03/2016 on the
tentang Penilaian Kemampuan dan Kepatutan bagi          Fit and Proper Test for Main Parties.
Pihak Utama.




                                                                                                                  195
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  Berikut penilaian kemampuan dan kepatutan yang                               The following is the result of Fit-and- Proper Test of
  dimiliki Dewan Pengawas Syariah:                                             the Sharia Supervisory Board:


                                               Tanggal Lulus Uji Kemampuan dan
         Nama            Jabatan                                                                 Pelaksana          Hasil      Tanggal Efektif
                                                            Kepatutan
         Name            Position                                                                Organizer          Result      Effective Date
                                              Passing Date of the Fit and Proper Test

      Amirsyah        Ketua Dewan           30 Mei 2014 berdasarkan Keputusan Dewan              Otoritas         Lulus        30 Mei 2014
      Tambunan        Pengawas              Komisioner Otoritas Jasa Keuangan No. KEP-           Jasa            Passed        May 30, 2014
                      Syariah               1281/NB.1/2014.                                      Keuangan
                      Chairperson           May 30, 2014 based on the Decision of the            Financial
                      of the Sharia         Board of Commissioners of the Financial              Services
                      Supervisory           Services Authority No. KEP-1281/NB.1/2014.           Authority
                      Board
      Sodikun         Anggota               30 September 2019 berdasarkan Keputusan              Otoritas         Lulus        30 September
                      Dewan                 Dewan Komisioner Otoritas Jasa Keuangan              Jasa            Passed        2019
                      Pengawas              No. KEP-55/NB.22/2019.                               Keuangan                      September 30,
                      Syariah               September 30, 2019 pursuant to Decree of             Financial                     2019
                      Member of             the Financial Services Authority’s Board of          Services
                      the Sharia            Commissioners No. KEP-55/NB.22/2019.                 Authority
                      Supervisory
                      Board



  HUBUNGAN AFILIASI DEWAN                                                      AFFILIATE RELATIONS OF THE SHARIA
  PENGAWAS SYARIAH                                                             SUPERVISORY BOARD
  Anggota Dewan Pengawas Syariah senantiasa bersikap                           Members of the Sharia Supervisory Board shall always
  independen dalam menjalankan tugasnya. Informasi                             practice independence in performing their duties.
  terkait hubungan afiliasi anggota Dewan Pengawas                             Information on the affiliate relations of members of
  Syariah dengan Dewan Komisaris dan/ atau Direksi                             the Board of the Sharia Supervisor and the Board of
  serta Pemegang Saham dapat dilihat pada tabel                                Commissioners and/or Board of Directors and
  berikut:                                                                     Shareholders can be seen in the following table:


                                                        Hubungan Keuangan, Keluarga, dan Kepengurusan Dewan Komisaris
                                                       Financial, Family, Management Relations of the Board of Commissioners

                                            Hubungan Keuangan dengan                         Hubungan Keluarga dengan
                                               Financial Relation with                          Family Relation with
        Nama       Jabatan
                                                                                                                                  Hubungan
        Name       Position                                Dewan                                           Dewan
                                                                     Pemegang                                        Pemegang Kepengurusan
                                    Dewan                Pengawas                   Dewan                Pengawas
                                                Direksi                Saham                    Direksi                Saham     Management
                                   Komisaris              Syariah                  Komisaris              Syariah
                                               Board of              Pengendali                Board of              Pengendali   Relations
                                   Board of               Board of                 Board of               Board of
                                               Directors             Controlling               Directors             Controlling
                                 Commissioners             Sharia                Commissioners             Sharia
                                                                    Shareholders                                    Shareholders
                                                         Supervisor                                      Supervisor

      Amirsyah   Ketua Dewan            -          -          -            -             -            -         -              -         -
      Tambunan   Pengawas
                 Syariah
                 Chairperson
                 of the Sharia
                 Supervisory
                 Board

      Sodikun    Anggota                -          -          -            -             -            -         -              -         -
                 Dewan
                 Pengawas
                 Syariah
                 Member of
                 the Sharia
                 Supervisory
                 Board




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RANGKAP JABATAN DEWAN PENGAWAS                            CONCURRENT POSITIONS OF THE SHARIA
SYARIAH                                                   SUPERVISORY BOARD
Berdasarkan Peraturan Otoritas Jasa Keuangan No.          Based on the Regulation of the Financial Services
30/POJK.05/2014 tentang Tata Kelola Perusahaan            Authority No.30/POJK.05/2014 on Good Corporate
yang Baik bagi Perusahaan Pembiayaan, anggota             Governance for Financing Companies, a member of
Dewan Pengawas Syariah dilarang melakukan rangkap         the Sharia Supervisory Board is prohibited from
jabatan sebagai anggota Direksi atau Dewan Komisaris      having concurrent positions as a member of the Board
pada perusahaan pembiayaan yang sama, namun               of Directors or Board of Commissioners at the same
diperbolehkan merangkap jabatan sebagai anggota           financing company, but is allowed to hold concurrent
Direksi, Dewan Komisaris, atau Dewan Pengawas             positions as a member of the Board of Directors,
Syariah di 4 lembaga keuangan syariah lainnya.            Board of Commissioners, or Sharia Supervisory Board
                                                          at 4 different Sharia financial institutions.


                                          Jabatan pada Perusahaan          Nama Perusahaan
       Nama               Jabatan                    Lain                        Lain               Bidang Usaha
       Name               Position            Position in Other             Other Company          Line of Business
                                                 Company                        Name

Amirsyah             Ketua Dewan          •   Anggota Dewan            •    PT Mega Central      Industri Keuangan
Tambunan             Pengawas Syariah         Syariah Nasional              Finance              Non Bank
                     Chairperson of the       (DPS) DSN – MUI                                    Non-Bank Financial
                     Sharia Supervisory   •   Ketua Dewan                                        Industry
                     Board                    Pengawas Syariah
                                              Nasional (DPS) DSN –     •    Mega Jiwa            Industri Keuangan
                                              MUI                           Syariah              Non Bank
                                          •   Ketua Dewan                                        Non-Bank Financial
                                              Pengawas Syariah                                   Industry
                                              Nasional (DPS) DSN –
                                              MUI
                                          •   Ketua Dewan              •    Reksadana Unit       Industri Keuangan
                                              Pengawas Syariah              Usaha Syariah        Non Bank
                                              Nasional (DPS) DSN –          Aurora Syariah       Non-Bank Financial
                                              MUI                           Mutual Fund of       Industry
                                          •   Member, Sharia                Shariah Business
                                              Supervisory Board             Unit in Aurora
                                              (Certified by National        Syariah
                                              Sharia Board of MUI)     •    Unit Usaha           Industri Keuangan
                                          •   Chairperson, Sharia           Syariah DBS          Non Bank
                                              Supervisory Board             Kustodian            Non-Bank Financial
                                              (Certified by National        Shariah Business     Industry
                                              Sharia Board of MUI)          Unit in DBS
                                          •   Chairperson, Sharia           Kustodian
                                              Supervisory Board
                                              (Certified by National
                                              Sharia Board of MUI)
                                          •   Chairperson, Sharia
                                              Supervisory Board
                                              (Certified by National
                                              Sharia Board of MUI)
Sodikun              Anggota Dewan        Ketua Dewan Pengawas         PT Astra Aviva Life       Industri Keuangan
                     Pengawas Syariah     Syariah                                                Non Bank
                     Member of the        Chairperson of the                                     Non-Bank Financial
                     Sharia Supervisory   Shariah Supervisory                                    Industry
                     Board                Board




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  PELAKSANAAN TUGAS DEWAN                                       IMPLEMENTATION OF DUTY OF THE SHARIA
  PENGAWAS SYARIAH                                              SUPERVISORY BOARD
  Pada tahun 2023, Dewan Pengawas Syariah                       In 2023, the Sharia Supervisory Board carried out the
  melaksanakan tugas-tugas sebagai berikut:                     following tasks:
    1. Mengawasi kegiatan usaha syariah Perseroan;                  1. Overseeing the Company's sharia business
                                                                       activities;
        2. Memberikan arahan dan nasihat kepada Direksi             2. Providing direction and advice to the Board
           tentang hal-hal yang berkaitan dengan prinsip               of Directors on matters relating to sharia
           syariah; dan                                                principles; and
        3. Menjadi mediator antara Perseroan dengan                 3. Acting as mediator between the Company and
           Dewan Syariah Nasional maupun Majelis Ulama                 the National Sharia Council and the Indonesian
           Indonesia.                                                  Ulema Council.
  RAPAT DEWAN PENGAWAS SYARIAH                                  MEETINGS OF THE SHARIA SUPERVISORY
                                                                BOARD
  Rapat Dewan Pengawas Syariah antara lain membahas             Sharia Supervisory Board’s meetings, among others,
  berbagai isu dalam operasional perusahaan yang                discuss various issues in company operations related
  terkait dengan prinsip-prinsip syariah guna menilai           to sharia principles in order to assess and ensure
  dan memastikan pemenuhan prinsip syariah atas                 compliance with sharia principles on operational
  pedoman operasional dan produk yang dikeluarkan               guidelines and products issued by the Company. In
  Perseroan. Pada tahun 2023, Dewan Pengawas Syariah            2023, the Sharia Supervisory Board will hold 6
  mengadakan 6 kali rapat.                                      meetings.

  KEPEMILIKAN SAHAM DEWAN                                       SHARE OWNERSHIP OF SHARIA
  PENGAWAS SYARIAH                                              SUPERVISORY BOARD
  Sesuai dengan Peraturan Otoritas Jasa Keuangan                According to the Regulation of the Financial Services
  No.30/POJK.05/2014 tentang Tata Kelola Perusahaan             Authority No. 30/POJK.05/2014 Good Corporate
  yang Baik bagi Perusahaan Pembiayaan, Dewan                   Governance for financing companies, the Sharia
  Pengawas Syariah wajib mengungkapkan kepemilikan              Supervisory Board is required to disclose ownership
  saham yang mencapai 50% atau lebih, baik pada                 of shares amounting to 50% or more, both at the
  Perseroan maupun pada perusahaan pembiayaan                   Company and at other financing companies, that
  lain, yang berkedudukan di dalam dan di luar negeri.          resides in the country or abroad.

  Berikut informasi terkait kepemilikan saham Dewan             The following is information regarding share ownership
  Pengawas Syariah:                                             of the Sharia Supervisory Board:

                                                                                     Kepemilikan Saham
                                                                                      Share Ownership
                                                                                  Perusahaan   Lembaga
          Nama                         Jabatan                                    Pembiayaan      Jasa       Perusahaan
          Name                         Position                   Maybank
                                                                                      Lain     Keuangan         Lain
                                                                  Indonesia
                                                                                     Other      Financial       Other
                                                                   Finance
                                                                                   Financing    Services      Company
                                                                                   Company     Institution
      Amirsyah          Ketua Dewan Pengawas Syariah              -           -                -             -
      Tambunan          Chairperson of the Sharia Supervisory
                        Board
      Sodikun           Anggota Dewan Pengawas Syariah            -           -                -             -
                        Member of the Sharia Supervisory Board




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PENGEMBANGAN KOMPETENSI DEWAN                          COMPETENCE DEVELOPMENT OF THE
PENGAWAS SYARIAH                                       SHARIA SUPERVISORY BOARD
Perseroan senantiasa mengikutsertakan anggota          The Company always involve the Sharia Supervisory
Dewan Pengawas Syariah untuk terus mengembangkan       Board’s members to constantly develop their ability
kemampuan dan kompetensinya dalam berbagai             and competence in various educational and training
program pendidikan dan pelatihan agar dapat            programs in order to perform their duties in a
menjalankan tugasnya dengan baik.                      satisfactory manner.

Selama tahun 2023, program pengembangan                During 2023, the competence development programs
kompetensi yang telah diikuti Dewan Pengawas           attended by the Sharia Supervisory Board are as
Syariah sebagai berikut:                               follows:


                                                                        Tanggal dan Tempat
          Nama          Jabatan                  Pelatihan                   Pelatihan           Penyelenggara
  No.
          Name          Position                  Training               Training Date and         Organizer
                                                                                Place

   1.   Amirsyah   Ketua Dewan          Ijtima' Sanawi (Annual          13 - 14 Oktober 2023    Dewan Syariah
        Tambunan   Pengawas Syariah     Meeting) DPS XIX Tahun          - Daring                Nasional
                   Chairperson of the   2023                            October 13 - 14, 2023   – Majelis Ulama
                   Sharia Supervisory   Ijtima' Sanawi (Annual          - Online                Indonesia (DSN
                   Board                Meeting) DPS XIX Year 2023                              MUI)
                                                                                                National Sharia
                                                                                                Council -
                                                                                                Indonesian
                                                                                                Ulema Council
                                                                                                (DSN MUI)
                                        Webinar "Managing               19 Oktober 2023 -       Otoritas Jasa
                                        Environmental, Social and       Daring                  Keuangan (OJK)
                                        Governance Risk and             October 19, 2023 -      Financial
                                        Opportunities"                  Online                  Services
                                                                                                Authority (OJK)
   2.   Sodikun    Anggota Dewan        Seminar Nasional dengan         06 Juni 2023 -          Asosiasi
                   Pengawas Syariah     topik Era Baru Industri         Daring                  Perusahaan
                   Member of the        Pembiayaan                      June 6, 2023 -          Pembiayaan
                   Sharia Supervisory   National Seminar on the topic   Online                  Indonesia (APPI)
                   Board                of New Era of Financing                                 Indonesia
                                        Industry                                                Finance Services
                                                                                                Association
                                                                                                (APPI)


                                        Workshop Pra-Ijtima' Sanawi     07 September 2023       Dewan Syariah
                                        (Annual Meeting) DPS VIII       - Daring                Nasional
                                        Tahun 2023 Bidang               September 7, 2023       – Majelis Ulama
                                        Pembiayaan, Modal Ventura,      - Online                Indonesia (DSN
                                        Pergadaian dan Inovasi                                  MUI)
                                        Teknologi Sektor Keuangan                               National Sharia
                                        (ITSK) Syariah                                          Council -
                                        Workshop Pre-Ijtima' Sanawi                             Indonesian
                                        (Annual Meeting) DPS VIII                               Ulema Council
                                        Year 2023 in the Field of                               (DSN MUI)
                                        Financing, Venture Capital,
                                        Pawnshop and Sharia
                                        Financial Sector Technology
                                        Innovation (ITSK)




                                                                                                                   199
Page 200
                                                                         Tanggal dan Tempat
             Nama                Jabatan             Pelatihan                Pelatihan          Penyelenggara
      No.
             Name                Position             Training            Training Date and        Organizer
                                                                                 Place

                                            Ijtima' Sanawi (Annual       13 - 14 Oktober 2023    Dewan Syariah
                                            Meeting) DPS XIX Tahun       - Daring                Nasional
                                            2023                         October 13 - 14, 2023   – Majelis Ulama
                                            Ijtima' Sanawi (Annual       - Online                Indonesia (DSN
                                            Meeting) DPS XIX Year 2023                           MUI)
                                                                                                 National Sharia
                                                                                                 Council -
                                                                                                 Indonesian
                                                                                                 Ulema Council
                                                                                                 (DSN MUI)




  Kebijakan Remunerasi Dewan Komisaris,
  Direksi, dan Dewan Pengawas Syariah
  Remuneration Policy of The Board of Commissioners,
  Board of Directors, and Sharia Supervisory Board
  PROSEDUR PENETAPAN REMUNERASI                           PROCEDURE TO DETERMINE REMUNERATION
  Berdasarkan Peraturan Otoritas Jasa Keuangan            Based on the Regulation of Financial Services Authority
  No.30/POJK.05/2014 tentang Tata Kelola Perusahaan       No.30/ POJK.05/2014 on Good Corporate Governance
  yang Baik bagi Perusahaan Pembiayaan, Perseroan         for Financing Companies, the Company is required
  wajib menerapkan kebijakan remunerasi bagi anggota      to apply a remuneration policy for members of the
  Dewan Komisaris, Direksi, dan Dewan Pengawas            Board of Commissioners, Board of Directors, and
  Syariah.                                                Board of Sharia Supervisor.

  Ketentuan mengenai besaran dan struktur remunerasi      Provisions regarding the amount and structure of the
  Dewan Komisaris, Direksi, dan Dewan Pengawas            remuneration of the Board of Commissioners, Board
  Syariah ditetapkan dalam RUPS berdasarkan hasil         of Directors, and Board of Sharia Supervisor is
  evaluasi dan usulan Komite Nominasi dan Remunerasi      stipulated in the GMS, based on the evaluation result
  serta dengan mempertimbangkan kinerja Perseroan.        and proposal of the Nomination and Remuneration
                                                          Committee and taking into consideration the
                                                          performance of the Company.

  INDIKATOR PENETAPAN REMUNERASI                          INDICATORS TO DETERMINE
                                                          REMUNERATION
  Indikator yang digunakan dalam menentukan               The indicator used in determining the remuneration
  remunerasi Dewan Komisaris, Direksi, dan Dewan          for the Board of Commissioners, Board of Directors,
  Pengawas Syariah meliputi:                              and Board of Sharia Supervisor includes:
     1. Faktor skala dan kompleksitas usaha;                  1. Scale factor and complexity of business;
     2. Tingkat inflasi;                                      2. Inflation rate;
     3. Kinerja Perseroan;                                    3. Company performance;
     4. Keadaan dan kemampuan keuangan Perseroan;             4. Condition and financial ability of the Company;
     5. Pencapaian Key Performance Indicators (KPI)           5. Achievement of Key Performance Indicators
        Dewan Komisaris, Direksi, dan Dewan Pengawas             (KPI) of the Board of Commissioners, Board




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      Syariah tahun 2023;                                          of Directors, and Board of Sharia Supervisor
                                                                   of 2023;
   6. Perbandingan besaran remunerasi dengan                    6. Comparison of remuneration amount with
      perusahaan sejenis; dan                                      similar companies; and
   7. Faktor-faktor lain yang relevan.                          7. Other relevant factors.

STRUKTUR DAN JUMLAH REMUNERASI                               STRUCTURE AND TOTAL REMUNERATION
Pada tahun 2023, jumlah besaran remunerasi yang              In 2023, the amount of remuneration made to the
diberikan kepada Dewan Komisaris, Direksi, dan               Board of Commissioners, Board of Directors, and
Dewan Pengawas Syariah terdiri dari remunerasi               Board of Sharia Supervisor consisted of fixed
tetap: gaji pokok, transportation allowance, driver          remuneration: basic salary, transportation allowance,
allowance, tunjangan cuti, bonus, THR, BPJS                  driver allowance, leave allowance, bonus, holiday
Ketenagakerjaan, BPJS Kesehatan, bensin, pulsa,              allowances (THR), BPJS Employment, BPJS Healthcare,
asuransi kesehatan (karyawan dan keluarga) dan               fuel, mobile voucher, health insurance (employee and
asuransi jiwa.                                               family) and life insurance.


                                                            Total Diterima dalam 1 Tahun
                                                               Total Received in 1 Year

   Jenis Remunerasi dan              Dewan Komisaris                    Direksi             Dewan Pengawas Syariah
       Fasilitas Lain             Board of Commissioners           Board of Directors       Sharia Supervisory Board
  Remuneration Type and
                                          Jumlah (jutaan                 Jumlah (jutaan              Jumlah (jutaan
      Other Facilities
                               Orang         Rupiah)         Orang          Rupiah)         Orang       Rupiah)
                               Person      Total (million    Person       Total (million    Person    Total (million
                                             Rupiah)                        Rupiah)                     Rupiah)

Remunerasi (gaji, bonus,           2    973.194.459            3       11.440.820.526          2     161.000.000
tunjangan rutin, tantiem
dan fasilitas lainnya dalam
bentuk non-natura)
Remuneration (salary,
bonus, routine allowance,
tantiem and other facilities
in the form of non-natura)


Kisaran jumlah tingkat remunerasi yang diterima              The range of the amount of remuneration level received
Dewan Komisaris, Direksi, dan Dewan Pengawas                 by the Board of Commissioners, Board of Directors,
Syariah ditunjukkan sebagai berikut:                         and Board of Sharia Supervisor is shown as follows:


                                            Dewan Komisaris                 Direksi         Dewan Pengawas Syariah
        Jumlah Remunerasi                        (orang)                    (orang)                  (orang)
        Total Remuneration               Board of Commissioners        Board of Directors   Sharia Supervisory Board
                                                (person)                   (person)                 (person)

Di atas Rp3 Miliar                                    -                        1                       -
Above Rp3 Billion
Di atas Rp2 Miliar – Rp3 Miliar                       -                        1                       -
Above Rp2 Billion – Rp3 Billion
Di atas Rp1 Miliar – Rp2 Miliar                       -                        1                       -
Above Rp1 Billion – Rp2 Billion
Di atas Rp500 Juta – Rp1 Miliar                       1                        -                       -
Above Rp500 Million – Rp1 Billion
Di bawah Rp500 Juta                                   1                        -                       2
Below Rp500 Million




                                                                                                                       201
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  RASIO GAJI TERTINGGI DAN TERENDAH                               RATIO OF THE HIGHEST AND LOWEST
                                                                  SALARY
  Kesesuaian rasio gaji Dewan Komisaris, Direksi, dan             The suitability of the salary ratio of the Board of
  seluruh karyawan menjadi perhatian Perseroan dengan             Commissioners, Board of Directors, and all employees
  mempertimbangkan tingkat tugas dan tanggung                     becomes the concern of the Company by taking into
  jawab yang diemban. Rasio gaji di Perseroan                     consideration the extent of duties and responsibilities.
  ditunjukkan sebagai berikut:                                    Salary ratio in the Company is shown as follows:
                                          Uraian                                                     Rasio
                                        Description                                                  Ratio

      Rasio Gaji Pegawai yang Tertinggi dan Terendah                                                  1 : 18
      Ratio of the Employee’ Highest Salary to Lowest Salary
      Rasio Gaji Direksi yang Tertinggi dan Terendah                                                  1:3
      Ratio of the Board of Director’s Highest Salary to Lowest
      Rasio Gaji Dewan Komisaris yang Tertinggi dan Terendah                                          1:2
      Ratio of the Board of Commissioner’s Highest Salary to Lowest Salary
      Rasio Gaji Direksi Tertinggi dan Pegawai Tertinggi                                              1:6
      Ratio of the Board of Directors' Highest Salary to the Employee’s Highest Salary
      Rasio Gaji Pegawai Tertinggi dan Gaji Direksi Terendah                                         1 : 101
      Ratio of the Employee’ Highest Salary to the Board of Directors' Lowest Salary




  Organ Pendukung Dewan Komisaris
  Supporting Organs of The Board of Commissioners

  KOMITE AUDIT                                                    AUDIT COMMITTEE
  Komite Audit dibentuk oleh Dewan Komisaris untuk                The Audit Committee is formed by the Board of
  membantu melakukan pengawasan Perseroan. Fungsi                 Commissioners to assist the Board of Commissioners
  utama Komite Audit adalah memantau serta                        in supervising the Company. The Audit Committee’s
  mengevaluasi perencanaan pelaksanaan, serta tindak              main function is to monitor and evaluate the planning
  lanjut hasil audit guna menilai kecukupan pengendalian          and implementation of audit as well as to monitor
  internal.                                                       the follow up of audit results in order to evaluate the
                                                                  adequacy of internal control.

  Komite Audit bertanggung jawab langsung kepada                  The Audit Committee reports directly to the Board
  Dewan Komisaris. Seluruh anggota Komite Audit                   of Commissioners. All members of the Audit Committee
  diangkat dan diberhentikan oleh Dewan Komisaris.                are appointed and dismissed by the Board of
                                                                  Commissioners.

  PEDOMAN KERJA KOMITE AUDIT                                      THE AUDIT COMMITTEE CHARTER

  Komite Audit telah memiliki Piagam Komite Audit                 The Audit Committee has an Audit Committee Charter
  yang telah disahkan oleh Dewan Komisaris melalui                which was approved by the Board of Commissioners
  Surat Keputusan Dewan Komisaris tanggal 25                      through the Decree of the Board of Commissioners
  September 2019 dan telah diperbaharui melalui Surat             dated September 25, 2019 and has been updated
  Keputusan Dewan Komisaris pada tanggal 27                       through the Decree of the Board of Commissioners
  Desember 2022.                                                  on December 27, 2022.




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TUGAS, TANGGUNG JAWAB DAN                                DUTIES, RESPONSIBILITIES AND AUTHORITIES
WEWENANG KOMITE AUDIT                                    OF THE AUDIT COMMITTEE

Tugas dan tanggung jawab Komite Audit mencakup:          Duties and responsibilities of the Audit Committee
                                                         include:
  1. Melakukan evaluasi apakah Manajemen telah               1. Evaluate whether Management has implemented
      menerapkan sistem pengendalian intern yang                adequate and effective internal control system,
      memadai dan berjalan efektif, berdasarkan                 based on audit reports, such as from internal
      laporan seperti dari auditor internal maupun              auditor and external auditor including OJK.
      auditor eksternal termasuk OJK.
  2. Melakukan evaluasi apakah rekomendasi auditor,         2. Evaluate whether auditors’ recommendations
      telah ditindaklanjuti oleh Manajemen.                    have been followed-up by Management.
  3. Komite Audit dapat berkoordinasi dengan                3. Audit Committee may liaise with Risk Oversight
      Komite Pemantau Risiko bila dipandang perlu.             Committee, if necessary.
  4. Melakukan penelaahan atas informasi keuangan           4. Reviewing financial information, including
      termasuk proyeksi keuangan yang diterbitkan              financial projections which will be issued to
      kepada publik dan/atau pihak otoritas.                   public and/or regulators.
  5. Memastikan bahwa laporan keuangan telah                5. Ensure that financial statements have been
      disusun sesuai standar akuntansi serta peraturan         prepared in accordance with the accounting
      lain yang berlaku.                                       standards and other regulations.
  6. Melakukan penelaahan dan melaporkan kepada             6. Reviewing and reporting BOC of any complaints
      Dewan Komisaris atas pengaduan yang                      related to accounting process and financial
      berkaitan dengan proses akuntansi dan                    reporting.
      pelaporan keuangan perusahaan.
  7. Memberikan rekomendasi kepada Dewan                    7. Provide recommendation to BOC on Internal
      Komisaris atas Piagam Audit Intern yang disusun          Audit Charter set by Internal Audit Unit.
      oleh Internal Audit.
  8. Mengevaluasi rencana kerja tahunan dan ruang           8. Evaluate Internal Audit’s annual plan, scope,
      lingkup audit, memberikan masukan-masukan                provide input for improvement when necessary,
      jika diperlukan, serta merekomendasikannya               and provide recommendation to BOC for
      kepada Dewan Komisaris untuk disetujui.                  approval.
  9. Memastikan Internal Audit bekerja secara               9. Ensure Internal Audit to work independently
      independen sehingga tidak terdapat                       so there is no limitation on audit scope and
      pembatasan terhadap ruang lingkup Internal               ensure Internal Auditor work with high integrity.
      Audit dan memastikan Internal Audit menjunjung
      tinggi integritas dalam pelaksanaan tugas.
  10. Memastikan bahwa temuan-temuan Internal               10. Ensure that significant Internal Audit findings
      Audit yang signifikan segera disampaikan                  have been reported to Audit Committee and
      kepada Komite Audit dan membahasnya untuk                 discuss it with BOC as concerns.
      menjadi perhatian Dewan Komisaris.
  11. Merekomendasikan kepada Dewan Komisaris               11. Recommend BOC to request Internal Audit to
      agar Internal Audit melakukan audit khusus                conduct special audit to investigate any
      bila ada dugaan terjadinya kecurangan atau                suspected fraud cases, or any violation of law
      penyimpangan terhadap peraturan perundang-                and regulation.
      undangan.
  12. Menelaah laporan audit khusus yang akan               12. Reviewing special audit report that will be
      disampaikan ke OJK mengenai setiap temuan                 submitted to OJK regarding internal audit
      audit intern yang diperkirakan dapat                      findings that might be disrupting the Company's
      membahayakan kelangsungan usaha                           business continuity.
      Perusahaan.
  13. Menelaah Laporan Pelaksanaan dan Pokok-               13. Review Internal Audit Report of Implementation
      Pokok Hasil Audit Intern yang akan disampaikan            and Summary of Audit report prior to submission
      ke OJK.                                                   to OJK.




                                                                                                                203
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      14. Menelaah laporan audit dan memastikan Direksi       14. Reviewing audit reports and ensuring Board
          mengambil tindakan perbaikan secara tepat               of Directors takes timely corrective actions to
          waktu untuk mengatasi kelemahan pengendalian,           mitigate control weaknesses, fraud, non
          fraud, masalah ketidakpatuhan terhadap                  compliance with laws and regulations or other
          kebijakan, undang-undang, dan peraturan atau            issues identified and reported by Internal Audit
          masalah lain yang diidentifikasi dan dilaporkan         Unit.
          oleh Internal Audit.
      15. Mengevaluasi dan memberikan rekomendasi             15. Evaluate and provide recommendation to BOC
          kepada Dewan Komisaris atas pengangkatan                on the appointment of Head, Internal Audit in
          dan pemberhentian Kepala Internal Audit serta           yearly basis, and assessment of Internal Audit
          penilaian kinerja Internal Audit.                       performance.
      16. Menelaah independensi, kinerja Akuntan Publik,      16. Evaluate Public Accountant’s independence,
          fee (imbalan jasa) dan kriteria lain dalam rangka       performance, fee and other criteria to provide
          memberikan rekomendasi kepada Dewan                     recommendation to BOC on the Public
          Komisaris untuk penetapan Akuntan Publik                Accountant appointment by General Meeting
          yang akan ditunjuk oleh RUPS.                           of Shareholder.
      17. Menelaah kecukupan pemeriksaan Akuntan              17. Evaluate the adequacy of Public Accountant’s
          Publik untuk memastikan risiko-risiko penting           scope of work to ensure that all significant
          telah dipertimbangkan, termasuk menelaah                risks have been considered, including to review
          syarat-syarat dalam perikatan.                          the terms of engagement.
      18. Memastikan temuan-temuan yang signifikan            18. To ensure that significant findings have been
          segera disampaikan kepada Komite Audit                  reported to and discussed with the Audit
          untuk dibahas, guna disampaikan dan menjadi             Committee for the BOC’s concerns.
          perhatian Dewan Komisaris.
      19. Memastikan bahwa Manajemen melakukan                19. Ensure Management has properly followed-up
          tindak lanjut atas temuan-temuan Akuntan                on Puublic Accountant’s findings.
          Publik.
      20. Memberikan pendapat independen dalam hal            20.Provide independent opinion for any
          terjadi perbedaan pendapat antara Manajemen             disagreement between Management and Public
          dan Akuntan Publik atas jasa yang diberikannya.         Accountant on the service provided.
      21. Menelaah dan memberikan saran kepada Dewan          21. Review and provide advice to BOC on any
          Komisaris terkait dengan adanya potensi                 potential conflicts of interest.
          benturan kepentingan.
      22. Menelaah pengaduan yang berkaitan dengan            22. Review complaints related to the accounting
          proses akuntansi dan pelaporan keuangan.                and financial reporting process.
      23. Menjaga kerahasiaan dokumen, data dan               23. Maintain the confidentiality of Company
          informasi Perusahaan.                                   documents, data and information.
      24. Komite Audit bertugas untuk memastikan              24. Audit Committee shall ensure Company is
          kepatuhan terhadap peraturan perundang-                 comply with capital market and financing law
          undangan di bidang pembiayaan.                          and regulation.
      25. Memastikan perusahaan memiliki kode etik            25. Ensure that the company has set up a Code of
          secara tertulis.                                        Ethics.
      26. Memastikan bahwa manajemen menciptakan              26. Ensure that management has established a
          budaya kerja yang mendorong setiap karyawan             conducive work environment to comply with
          mematuhi kode etik.                                     the Code of Ethics.
      27. Menelaah dan memberikan saran kepada Dewan          27. Review and report to the BOC with regard to
          Komisaris terkait dengan adanya potensi                 any potential conflicts of interest.
          benturan kepentingan.




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Sedangkan, wewenang Komite Audit mencakup:               The authority of the Audit Committee includes:
   1. Mengakses dokumen, data dan informasi                 1. Accessing documents, data and information
      perusahaan tentang karyawan, dana, aset serta            related to employees, funds, assets, and other
      sumber daya perusahaan yang diperlukan dan               Company’s resource which are required and
      relevan dengan pelaksanaan tugasnya.                     relevant to its duties.
   2. Berkomunikasi langsung dengan Direksi dan             2. Communicate directly with Directors and
      karyawan, termasuk yang menjalankan fungsi               employees, including unit of internal audit, risk
      audit internal, manajemen risiko, serta Akuntan          management as well as Public Accountant.
      Publik.
   3. Apabila diperlukan, dapat melibatkan pihak            3. If needed, it can involve an independent party
      independen di luar Anggota Komite Audit                  outside the Audit Committee Members to assist
      untuk membantu pelaksanaan tugasnya dengan               in carrying out their duties with the written
      persetujuan tertulis Dewan Komisaris.                    approval of the Board of Commissioner.

KOMPOSISI KOMITE AUDIT                                   COMPOSITION OF THE AUDIT COMMITTEE

Komite Audit Perseroan terdiri dari 3 orang, yang        The Audit Committee of the Company consists of 3
terdiri dari 1 orang ketua Komite Audit yang sekaligus   people, comprising 1 chairman of the Audit Committee
menjabat sebagai Presiden Komisaris (Independen)         who also serves as the President Commissioner
dan 2 orang pihak independen dengan masa jabatan         (Independent) and 2 independent parties with an
3 tahun.                                                 office term of 3 years.

Susunan keanggotaan Komite Audit per 31 Desember         The composition of the membership of the Audit
2023 sebagai berikut:                                    Committee as of December 31, 2023 is as follows:


                                                                      Dasar Pengangkatan
      Nama                    Posisi               Keterangan                                      Keahlian
                                                                         Legal Basis of
      Name                   Position                 Note                                         Expertise
                                                                         Appointment

 Deswandhy          Ketua Komite Audit          Presiden            Resolusi Dewan Komisaris    Perbankan
 Agusman            Chairman of Audit           Komisaris           tanggal 4 Maret 2022        Banking
                    Committee                   President           Board of Commissioners
                                                Commissioner        Resolution dated March 4,
                                                                    2022
 Helmi Mahfud       Anggota Komite Audit        Pihak Independen    Resolusi Dewan Komisaris    Keuangan
                    Member of Audit Committee   Independent Party   tanggal 4 Maret 2022        Finance
                                                                    Board of Commissioners
                                                                    Resolution dated March 4,
                                                                    2022
 Hadi Indraprasta   Anggota Komite Audit        Pihak Independen    Resolusi Dewan Komisaris    Manajemen
                    Member of Audit Committee   Independent Party   tanggal 4 Maret 2022        Risiko dan Audit
                                                                    Board of Commissioners      Risk
                                                                    Resolution dated March 4,   Management
                                                                    2022                        and Audit


INDEPENDENSI KOMITE AUDIT                                INDEPENDENCE OF THE AUDIT COMMITTEE

Sesuai dengan Peraturan Otoritas Jasa Keuangan           According to the Regulation of the Financial Services
No. 55/POJK.04/2015 tentang Pembentukan dan              Authority No.55/POJK.04/2015 on the Formation and
Pedoman Pelaksanaan Kerja Komite Audit, anggota          Work Implementation Guideline for Audit Committee,
Komite Audit Perseroan tidak memiliki hubungan           members of the Audit Committee of the Company do
afiliasi dengan pihak manapun dan bebas dari benturan    not have any affiliate relations with any parties and
kepentingan. Aspek independensi Komite Audit             are free from conflict of interests. The independence
dijelaskan sebagai berikut:                              aspect of the Audit Committee is explained as follows:




                                                                                                                   205
Page 206
                     Aspek Independensi
                                                            Deswandhy Agusman     Helmi Mahfud     Hadi Indraprasta
                    Independence Aspect

      Tidak memiliki hubungan keuangan dengan Dewan
      Komisaris dan Direksi.
                                                                    √                   √                 √
      Does not have any financial relation with the Board
      of Commissioners and Board of Directors.
      Tidak memiliki hubungan kepemilikan saham di
      perusahaan, baik secara langsung maupun tidak
      langsung.                                                     √                   √                 √
      Does not have share-ownership relations at the
      company, both directly and indirectly.
      Tidak memiliki hubungan kepengurusan di
      perusahaan, Entitas Anak, maupun perusahaan
      afiliasi.                                                     √                   √                 √
      Does not have any management relation in the
      company, Subsidiary, as well as affiliated company.
   Tidak memiliki hubungan keluarga dengan Dewan
   Komisaris, Direksi, dan/atau sesama anggota
   Komite Audit.
                                                                    √                   √                 √
   Does not have family relations with the Board of
   Commissioners, Board of Directors, and/or fellow
   members of the Audit Committee.
   Tidak menjabat sebagai pengurus partai politik,
   pejabat, dan pemerintah.
                                                                    √                   √                 √
   Does not serve as a political party administrator,
   officer, and government.


  PELAKSANAAN TUGAS KOMITE AUDIT                                DUTIES IMPLEMENTATION OF THE AUDIT
  TAHUN 2023                                                    COMMITTEE IN 2023

  Sepanjang tahun 2023, Komite Audit telah menjalankan          Throughout 2023, the Audit Committee has carried
  program kerja sesuai dengan tugas dan tanggung                out work programs in accordance with its duties and
  jawabnya, antara lain secara berkala melakukan                responsibilities, including periodically reviewing
  peninjauan atas informasi keuangan, seperti laporan           financial information, such as quarterly financial
  keuangan triwulan dan laporan keuangan akhir tahun            reports and year end financial reports, which will be
  yang akan dipublikasikan Perseroan. Laporan keuangan          published by the Company. The financial statements
  dikaji dengan mengidentifikasi hal-hal yang membutuhkan       are reviewed by identifying matters requiring
  perhatian manajemen dan rekomendasi untuk                     management attention and recommendations for
  pengembangan usaha.                                           business development.

  RAPAT KOMITE AUDIT                                            MEETINGS OF THE AUDIT COMMITTEE

  Sesuai dengan ketentuan dalam Pedoman Kerja                   According to the Audit Committee charter, the Audit
  Komite Audit, rapat Komite Audit wajib diselenggarakan        Committee shall convene meetings at least once in
  secara berkala sekurang-kurangnya 1 kali dalam 3              3 (three) months.
  (tiga) bulan.

  Sepanjang tahun 2023, Komite Audit telah mengadakan           In 2023, the Audit Committee has held 4 (four)
  rapat sebanyak 4 (empat) kali dengan rincian frekuensi        meetings with the detailed frequency of attendance
  kehadiran sebagai berikut:                                    as the following:




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             Nama              Jabatan pada Komite              Kehadiran Rapat                   Jumlah Rapat
             Name            Position in the Committee         Meeting Attendance               Number of Meetings

Deswandhy Agusman                     Ketua                              4                               4
                                     Chairman
Helmi Mahfud                         Anggota                             4                               4
                                     Member
Hadi Indraprasta                     Anggota                             4                               4
                                     Member



PENGEMBANGAN KOMPETENSI KOMITE                            COMPETENCE DEVELOPMENT OF THE AUDIT
AUDIT                                                     COMMITTEE

Perseroan senantiasa mengikutsertakan Komite Audit        The Company constantly involves the Audit Committee
untuk terus mengembangkan kemampuan dan                   to develop their ability and competence in various
kompetensinya dalam berbagai program pendidikan           educational and training programs in order to perform
dan pelatihan agar dapat menjalankan tugasnya             their duties in a satisfactory manner. During 2023,
dengan baik. Selama tahun 2023, program                   the competence development programs attended
pengembangan kompetensi yang telah diikuti Komite         by the Audit Committee are as follows:
Audit antara lain:


                                                                              Tanggal dan
                                                                                 Tempat
                Nama           Jabatan                Pelatihan                                     Penyelenggara
     No.                                                                        Pelatihan
                Name           Position                Training                                       Organizer
                                                                              Training Date
                                                                                and Place

1.         Deswandhy      Ketua Komite Audit    Webinar Outlook              10 Januari 2023     Otoritas Jasa
           Agusman        Chairman of Audit     Industri Jasa Keuangan       – Daring            Keuangan (OJK)
                          Committee             di Tahun 2023                January 10, 2023    Financial Services
                                                Financial Services           - Online            Authority (OJK)
                                                Industry Outlook
                                                Webinar in 2023
2.         Helmi Mahfud   Anggota Komite                   -                        -                        -
                          Audit
                          Member of Audit
                          Committee
3.         Hadi           Anggota Komite        Konferensi Nasional          19 Oktober 2023     IKAI (Ikatan Komite
           Indraprasta    Audit                 Komite Audit 2023            dan Luring          Audit Indonesia)
                          Member of Audit       National Audit               (Jakarta)           IKAI (Indonesian
                          Committee             Committee Conference         October 19, 2023    Audit Committee
                                                2023                         and Offline         Association)
                                                                             (Jakarta)



KOMITE NOMINASI DAN REMUNERASI                            NOMINATION AND REMUNERATION
                                                          COMMITTEE
Sebagai bagian integral dari upaya implementasi           As an integral part of efforts to implement the GCG
prinsip-prinsip GCG, Perseroan telah membentuk            principles, the Company formed the Nomination and
Komite Nominasi dan Remunerasi. Komite ini berfungsi      Remuneration Committee. This Committee’s function
untuk membantu Dewan Komisaris melaksanakan               is to assist the Board of Commissioners in performing
tugas dan fungsi pengawasan yang dengan sistem            its supervisory duties and function with regard to the
nominasi dan remunerasi bagi anggota Dewan                nomination and remuneration system for members
Komisaris dan Direksi.                                    of the Board of Commissioners and Board of Directors.




                                                                                                                        207
Page 208
  PEDOMAN KERJA KOMITE NOMINASI DAN                        THE NOMINATION AND REMUNERATION
  REMUNERASI                                               COMMITTEE CHARTER

  Dalam menjalankan tugas dan tanggung jawabnya,           In performing its duties and responsibilities, the
  Komite Nominasi dan Remunerasi telah dilengkapi          Nomination and Remuneration Committee is equipped
  dengan pedoman kerja yang ditetapkan berdasarkan         has formed a charter determined based on the Decree
  Surat Keputusan Dewan Komisaris tanggal 8 Maret 2023.    of the Board of Commissioners dated March 8, 2023.

  TUGAS, TANGGUNG JAWAB, DAN                               DUTIES, RESPONSIBILITIES, AND AUTHORITIES
  WEWENANG KOMITE NOMINASI DAN                             OF THE AUDIT COMMITTEE
  REMUNERASI

  Tugas dan tanggung jawab Komite Nominasi dan             Duties and responsibilities of Nomination and
  Remunerasi meliputi:                                     Remuneration Committee include:

  1. Terkait dengan kebijakan nominasi:                    1. Related to the nomination policy:
     a. Menyusun komposisi, proses nominasi, kebijakan,       a. Develop the composition, nomination process,
        dan kriteria yang dibutuhkan serta memberikan            policies, and criteria required and provide
        rekomendasi mengenai sistem dan prosedur                 recommendations regarding the system and
        pemilihan dan/atau penggantian anggota                   procedures for the election and/or replacement
        Dewan Komisaris dan Direksi kepada Dewan                 of members of the Board of Commissioners
        Komisaris untuk disampaikan kepada RUPS;                 and Board of Directors to the Board of
                                                                 Commissioners to be submitted to the GMS;
      b. Memberikan rekomendasi mengenai calon                b. Provide recommendations regarding candidates
         anggota Dewan Komisaris dan/atau Direksi                for members of the Board of Commissioners
         kepada RUPS;                                            and/or Board of Directors to the GMS;
      c. Memberikan rekomendasi mengenai Pihak                c. Provide recommendations regarding
         Independen yang akan menjadi anggota Komite             Independent Parties who will become members
         Audit dan Anggota Komite Pemantau Risiko                of the Audit Committee and Risk Monitoring
         kepada Dewan Komisaris; dan                             Committee Members to the Board of
                                                                 Commissioners; and
     d. Menyusun program pengembangan kemampuan               d. Establish a capacity building program for
        anggota Direksi dan/atau anggota Dewan                   members of the Board of Directors and/or
        Komisaris.                                               members of the Board of Commissioners.
  2. Terkait dengan kebijakan remunerasi:                  2. Related to the remuneration policy:
     a. Melakukan evaluasi terkait kebijakan remunerasi;      a. Conduct an evaluation regarding remuneration
                                                                 policy;
      b. Memberikan rekomendasi kepada Dewan                  b. Provide recommendations to the Board of
         Komisaris mengenai kebijakan remunerasi bagi:           Commissioners regarding the remuneration
                                                                 policy for:
         •  Dewan Komisaris dan Direksi untuk                    • Board of Commissioners and Board of
            disampaikan kepada RUPS; dan                             Directors to be submitted to the GMS; and
        • Pejabat eksekutif dan pegawai secara                   • Executive officers and employees as a whole
            keseluruhan untuk disampaikan kepada                     to be submitted to the Board of Directors.
            Direksi.
  3. Menyusun struktur Remunerasi bagi anggota             3. Develop a remuneration structure for members
     Direksi dan/atau anggota Dewan Komisaris berupa          of the Board of Directors and / or members of
     gaji, honorarium, insentif, dan tunjangan yang           the Board of Commissioners in the form of salaries,
     bersifat tetap dan/atau variabel;                        honorariums, incentives, and allowances that are
                                                              fixed and / or variable;
  4. Menyusun struktur remunerasi bagi anggota             4. Arrange the remuneration structure for members
     Direksi dan/atau anggota Dewan Komisaris, dengan         of the Board of Directors and / or members of




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   memperhatikan:                                          the Board of Commissioners, taking into account:
   a. Remunerasi yang berlaku pada industri                a. Remuneration applicable in the financing
      pembiayaan sesuai dengan kegiatan usaha                  industry in accordance with similar business
      sejenis dan skala usaha;                                 activities and business scale;
   b. Tugas, tanggung jawab, dan wewenang anggota          b. Duties, responsibilities, and authorities of
      Direksi dan/atau anggota Dewan Komisaris                 members of the Board of Directors and/or
      dikaitkan dengan pencapaian tujuan dan kinerja           members of the Board of Commissioners in
      Perseroan;                                               relation to the achievement of the Company's
                                                               objectives and performance;
   c. Target kinerja atau kinerja masing-masing            c. Performance targets or performance of each
       anggota Direksi dan/atau anggota Dewan                  member of the Board of Directors and/or
       Komisaris; dan                                          member of the Board of Commissioners; and
   d. Keseimbangan tunjangan antara yang bersifat          d. The balance of allowances between fixed and
       tetap dan variabel.                                     variable.
5. Melakukan evaluasi tentang struktur, kebijakan,      5. Conduct an evaluation of the structure, policies,
   dan besaran remunerasi paling kurang 1 (satu)           and amount of remuneration at least 1 (one) time
   kali dalam 1 (satu) tahun.                              in 1 (one) year.

Sedangkan, wewenang Komite Nominasi dan                 The Nomination and Remuneration Committee has
Remunerasi meliputi:                                    the authority to:
1. Komite berwenang untuk memperoleh akses              1. The Committee is authorized to obtain full, free,
   secara penuh, bebas, dan tidak terbatas terhadap        and unrestricted access to employee information,
   informasi karyawan, dana, aset serta sumber daya        funds, assets and other Company resources related
   Perseroan lainnya yang berkaitan dengan                 to the performance of its duties; and
   pelaksanaan tugas; dan
2. Komite wajib bekerja sama dengan Divisi Human        2. The Committee shall cooperate with the Human
   Capital dan unit-unit lainnya yang dipandang            Capital Division and other units as deemed
   perlu.                                                  necessary.

KOMPOSISI KOMITE NOMINASI DAN                           COMPOSITION OF THE NOMINATION AND
REMUNERASI                                              REMUNERATION COMMITTEE

Komite Nominasi dan Remunerasi Perseroan terdiri        The Company’s Nomination and Remuneration
dari 3 orang, yakni 1 ketua Komite Nominasi dan         Committee consists of 3 people, namely 1 Chairperson
Remunerasi yang sekaligus menjabat sebagai Presiden     of the Committee who also serves as President
Komisaris (Independen), 1 orang anggota Komisaris,      Commissioner (Independent), 1 member of the
dan 1 orang Human Resources and General Affairs         Commissioner, and 1 Human Resources and General
Division Head dengan masa jabatan 3 tahun.              Affairs Division Head with a term of office of 3 years.

Komposisi anggota Komite Nominasi dan Remunerasi        The composition of the members of the Company’s
Perseroan per 31 Desember 2023 adalah sebagai           Nomination and Remuneration Committee as of
berikut:                                                December 31, 2023 is as follows:


      Nama               Posisi            Keterangan               Dasar Pengangkatan              Keahlian
      Name              Position              Note               Legal Basis of Appointment         Expertise

Deswandhy         Ketua Komite         Presiden Komisaris    •    Resolusi Dewan Komisaris      Perbankan
Agusman           Nominasi dan         (Independen)               tanggal 31 Agustus 2020       Banking
                  Remunerasi           President                  Board of Commissioners
                  Chairperson of       Commissioner               Resolution dated August 31,
                  Nomination and       (Independent)              2020
                  Remuneration
                  Committee




                                                                                                                 209
Page 210
            Nama                         Posisi         Keterangan                  Dasar Pengangkatan              Keahlian
            Name                        Position           Note                  Legal Basis of Appointment         Expertise

      Steffano Ridwan      Anggota Komite          Komisaris                 •    Resolusi Dewan Komisaris      Keuangan
                           Nominasi dan            Commissioner                   tanggal 31 Agustus 2020       Finance
                           Remunerasi                                             Board of Commissioners
                           Member of                                              Resolution dated August 31,
                           Nomination and                                         2020
                           Remuneration
                           Committee
      Ika Setiawati        Anggota Komite          Human Resources           •    Resolusi Dewan Komisaris      Sumber Daya
      Gunawan              Nominasi dan            and General Affairs            tanggal 31 Agustus 2020       Manusia
                           Remunerasi              Division Head                  Board of Commissioners        Human
                           Member of               Human Resources                Resolution dated August 31,   Resources
                           Nomination and          and General Affairs            2020
                           Remuneration            Division Head
                           Committee


  INDEPENDENSI KOMITE NOMINASI DAN                                      INDEPENDENCE OF THE NOMINATION AND
  REMUNERASI                                                            REMUNERATION COMMITTEE

  Sesuai Pedoman Kerja Komite Nominasi dan                              According to the Nomination and Remuneration
  Remunerasi yang dimiliki Perseroan, anggota Komite                    Committee charter of the Company, members of the
  Nominasi dan Remunerasi tidak boleh memiliki                          Nomination and Remuneration Committee should
  hubungan keuangan, kepengurusan, kepemilikan                          not have financial, management, share-ownership
  saham dan/atau hubungan keluarga dengan Dewan                         relations and/or family relations with the Board of
  Komisaris, Direksi dan/atau Pemegang Saham sesuai                     Commissioners, Board of Directors and/ or Shareholders
  peraturan yang berlaku yang dapat mempengaruhi                        that can affect the ability to act independently in
  kemampuannya untuk bertindak independen.                              accordance with applicable regulations.


                          Aspek Independensi                               Deswandhy          Steffano          Ika Setiawati
                         Independence Aspect                                Agusman           Ridwan              Gunawan

      Tidak memiliki hubungan keuangan dengan Dewan Komisaris
      dan Direksi.
                                                                                 √                √                  √
      Does not have any financial relation with the Board of
      Commissioners and Board of Directors.
      Tidak memiliki hubungan kepemilikan saham di perusahaan,
      baik secara langsung maupun tidak langsung.
                                                                                 √                √                  √
      Does not have share-ownership relations at the company,
      both directly and indirectly.
      Tidak memiliki hubungan kepengurusan di perusahaan,                        -
      Entitas Anak, maupun perusahaan afiliasi.
                                                                                                  √                  √
      Does not have any management relation in the company,
      Subsidiary, as well as affiliated company.
      Tidak memiliki hubungan keluarga dengan Dewan Komisaris,
      Direksi, dan/atau sesama anggota Komite Nominasi dan
      Remunerasi.
                                                                                 √                √                  √
      Does not have family relations with the Board of Commissioners,
      Board of Directors, and/or fellow members of the Nomination
      and Remuneration Committee.
      Tidak menjabat sebagai pengurus partai politik, pejabat, dan
      pemerintah.
                                                                                 √                √                  √
      Does not serve as a political party administrator, officer, and
      government.




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PELAKSANAAN TUGAS KOMITE NOMINASI                     DUTIES IMPLEMENTATION OF THE
DAN REMUNERASI TAHUN 2023                             NOMINATION AND REMUNERATION
                                                      COMMITTEE IN 2023

Sepanjang tahun 2023, Komite Nominasi dan             Throughout 2023, Nomination and Remuneration
Remunerasi telah menjalankan tugas dan tanggung       Committee has undertaken their duties, responsibilities,
jawab serta wewenangnya sesuai dengan Pedoman         and authority according to the Nomination and
Komite Nominasi dan Remunerasi. Komite ini telah      Remuneration Committee charter. This Committee
mengevaluasi kesesuaian dan besaran remunerasi        has evaluated the appropriateness and the amount
Dewan Komisaris dan Direksi untuk tahun 2023.         of remuneration for Board of Commissioners and
                                                      Board of Directors in 2023.

RAPAT KOMITE NOMINASI DAN                             MEETINGS OF THE NOMINATION AND
REMUNERASI                                            REMUNERATION COMMITTEE

Sesuai dengan ketentuan dalam Pedoman Kerja           According to the Nomination and Remuneration
Komite Nominasi dan Remunerasi, rapat Komite          Committee charter, the Nomination and Remuneration
Nominasi dan Remunerasi wajib diselenggarakan         Committee shall convene meetings at least once in
secara berkala sekurang-kurangnya 1 kali dalam 4      4 months.
bulan.

Sepanjang tahun 2023, Komite Nominasi dan             Throughout the year 2023, the Nomination and
Remunerasi telah mengadakan rapat sebanyak 5 kali     Remuneration Committee has held 5 meetings with
dengan rincian frekuensi kehadiran sebagai            the detailed frequency of attendance as the following:
berikut:


          Nama              Jabatan pada Komite           Kehadiran Rapat              Jumlah Rapat
          Name            Position in the Committee      Meeting Attendance          Number of Meetings

Deswandhy Agusman         Ketua                                   5                            5
                          Chairperson
Steffano Ridwan           Anggota                                 5                            5
                          Member
Ika Setiawati Gunawan     Anggota                                 5                            5
                          Member




PENGEMBANGAN KOMPETENSI KOMITE                        COMPETENCE DEVELOPMENT OF THE
NOMINASI DAN REMUNERASI                               NOMINATION AND REMUNERATION
                                                      COMMITTEE

Untuk menunjang pelaksanaan tugas dan tanggung        To support the performance of its duties and
jawabnya, Perseroan mengikutsertakan Komite           responsibilities, the Company provides the Nomination
Nominasi dan Remunerasi ke dalam program              and Remuneration Committee with education and
pendidikan dan pelatihan guna meningkatkan            training programs aimed to increase the competence.
kompetensi.

Pada tahun 2023, Komite Nominasi dan Remunerasi       In 2023, the Nomination and Remuneration Committee
telah mengikuti program pengembangan kompetensi       attended the following competence development
sebagai berikut:                                      programs:




                                                                                                               211
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                                                                                       Tanggal dan
                Nama                    Jabatan                Pelatihan            Tempat Pelatihan       Penyelenggara
      No.
                Name                    Position                Training            Training Date and        Organizer
                                                                                           Place

      1.     Deswandhy          Ketua Komite Nominasi   Webinar Outlook             10 Januari 2023 –    Otoritas Jasa
             Agusman            dan Remunerasi          Industri Jasa Keuangan      Daring               Keuangan (OJK)
                                Chairperson of          di Tahun 2023               January 10, 2023 -   Financial Services
                                Nomination and          Financial Services          Online               Authority (OJK)
                                Remuneration            Industry Outlook
                                Committee               Webinar in 2023
      2.     Steffano           Anggota Komite          Enhancing ESG Through       07 Desember 2023     Otoritas Jasa
             Ridwan             Nominasi dan            Best Practices in           – Daring             Keuangan (OJK)
                                Remunerasi              Accounting                  December 07,         Financial Services
                                Member of Nomination    Enhancing ESG Through       2023 - Online        Authority (OJK)
                                and Remuneration        Best Practices in
                                Committee               Accounting
      3.     Ika Setiawati      Anggota Komite          Training: Binus             18 Januari 2023 –    Universitas Bina
             Gunawan            Nominasi dan            Knowledge Sharing           Daring               Nusantara
                                Remunerasi              Data Science & Big Data     January 18, 2023 –   Bina Nusantara
                                Member of Nomination    Analysis                    Online               University
                                and Remuneration        Training: Binus
                                Committee               Knowledge Sharing
                                                        Data Science & Big Data
                                                        Analysis
                                                        Training Teamwork &         02 Maret 2023 –      PT Maybank
                                                        Character Building for      Daring               Indonesia Finance
                                                        Employee                    March 02, 2023 –
                                                        Teamwork & Character        Online
                                                        Building Training for
                                                        Employees
                                                        Training Leadership for     03 - 06 Maret        PT Maybank
                                                        Leader                      2023 – Luring        Indonesia Finance
                                                        Leadership Training for     (Hongkong)
                                                        Leaders                     March 03-06, 2023
                                                                                    – Offline
                                                                                    (Hongkong)
                                                        Webinar : Bongkar           05 Agustus 2023 –    One HRP
                                                        Habis 3 Topik Paling        Daring
                                                        Top Hubungan                August 05, 2023 –
                                                        Industrial : PKWTT &        Online
                                                        PKWT, ALIH DAYA, PHK
                                                        Webinar: Unpack the
                                                        Top 3 Industrial
                                                        Relations Topics:
                                                        PKWTT & PKWT,
                                                        OUTSOURCING, PHK
                                                        Coaching for The Best       08 - 09 Agustus      PT Bank Maybank
                                                        Talent                      2023 – Daring        Indonesia Tbk
                                                                                    August 08-09,
                                                                                    2023 – Online
                                                        CHRO Series 2023            18 Oktober 2023      HRM ASIA
                                                                                    – Daring
                                                                                    October 18, 2023
                                                                                    – Online
                                                        Undangan Partisipasi        02 November          Sunedu.id
                                                        dalam Edutech Insight       2023 – Daring
                                                        2023                        November 02,
                                                        Invitation to Participate   2023 – Online
                                                        in Edutech Insight 2023




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                                                                          Tanggal dan
           Nama             Jabatan                Pelatihan           Tempat Pelatihan        Penyelenggara
  No.
           Name             Position                Training           Training Date and         Organizer
                                                                              Place

                                            Workshop Design and        07 - 08 November      Pungki Purnadi
                                            Implement Productivity     2023 – Daring         Associates
                                            Analysis based on          November 07-08,
                                            Business Process Model     2023 – Online
                                            Workshop on Designing
                                            and Implementing
                                            Productivity Analysis
                                            based on Business
                                            Process Model
                                            Champion Inclusion         09 November           Harvard Business
                                                                       2023 – Daring         Publishing
                                                                       November 09,
                                                                       2023 – Online
                                            Volunteer Orang Tua        08 Desember           PT Bank Maybank
                                            Asuh                       2023 – Daring         Indonesia Tbk
                                            Foster Parent              December 08,
                                            Volunteers                 2023 – Online
                                            Undangan Blue Club         12 Desember 2023      UNICEF Indonesia
                                            Brunch 2023 tema           – Daring
                                            Inspirasi Dunia Usaha      December 12, 2023
                                            yang Ramah Keluarga        – Online
                                            Invitation to Blue Club
                                            Brunch 2023 themed
                                            Family Friendly Business
                                            World Inspiration
                                            Transforming HR : The      14 Desember 2023      WIR Group
                                            Impact of AI &             - Daring
                                            Blockchain                 December 14, 2023
                                                                       – Online
                                            Basic Awareness            21 Desember 2023      Gerakan Nasional
                                            Tentang Ai Dan             – Daring              Indonesia
                                            Blockchain Serta           December 21, 2023     Kompeten (GNIK)
                                            Peluang                    – Online              Competent
                                            Pemanfaatannya Pada                              Indonesia National
                                            Human Capital                                    Movement (GNIK)
                                            Management
                                            Basic Understanding of
                                            AI and Blockchain and
                                            Opportunities for
                                            Utilization in Human
                                            Capital Management


KOMITE PEMANTAU RISIKO                                RISK SUPERVISORY COMMITTEE
Dalam menunjang penerapan manajemen risiko,           In supporting the implementation of risk management,
Perseroan telah membentuk Komite Pemantau Risiko      the Company has formed the Risk Supervisory
yang bertugas membantu Dewan Komisaris dalam          Committee tasked with assisting the Board of
melaksanakan tugas dan fungsinya terkait pengawasan   Commissioners in performing duties and functions
pelaksanaan praktik-praktik pengelolaan risiko yang   regarding supervision of risk management practice
dilakukan oleh Perseroan.                             carried out by the Company.




                                                                                                                   213
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  PEDOMAN KERJA KOMITE PEMANTAU RISIKO                   THE RISK SUPERVISORY COMMITTEE CHARTER

  Komite Pemantau Risiko telah memiliki pedoman          The Risk Supervisor Committee has a charter
  kerja yang ditetapkan berdasarkan Surat Edaran No.     established based on Circular No. SE.2015.047/PREDI-
  SE.2015.047/PREDI- BIIFC tentang Pedoman Penerapan     BIIFC on the Guideline for the Implementation of Risk
  Manajemen Risiko yang telah ditandatangani oleh        Management Online was signed by the Board of
  Dewan Komisaris pada 12 Februari 2012 yang juga        Commissioners on February 12, 2012, which was also
  ditegaskan kembali dalam Kerangka Kerja Manajemen      reaffirmed in the Risk Management Framework issued
  Risiko yang diterbitkan pada tahun 2021.               in 2021.

  TUGAS, TANGGUNG JAWAB DAN                              DUTIES, RESPONSIBILITIES AND AUTHORITIES
  WEWENANG KOMITE PEMANTAU RISIKO                        OF THE RISK SUPERVISORY COMMITTEE

  Tugas dan tanggung jawab Komite Pemantau Risiko        Duties and responsibilities of the Risk Supervisory
  yaitu:                                                 Committee are as follow:
     1. Mengevaluasi dan mengkaji kebijakan dan            1. Evaluating and reviewing risk management
         strategi manajemen risiko untuk dimintakan            policies and strategies for approval from the
         persetujuan Dewan Komisaris.                          Board of Commissioners.
     2. Melakukan review dan menilai kebijakan untuk       2. Reviewing and assessing policies to implement
         melaksanakan program stress testing, dan              stress testing programs, and reviewing the
         mereview efektivitas program stress testing.          effectiveness of stress testing programs.
     3. Mengevaluasi kesesuaian antara pelaksanaan         3. Evaluating the suitability between the
         manajemen risiko dengan kebijakan manajemen           implementation of risk management and its
         risikonya.                                            risk management policy.
     4. Mengevaluasi kepatuhan terhadap ketentuan          4. Evaluating compliance with prudential provisions
         kehati- hatian serta kesesuaian terhadap              as well as conformity to the policy framework
         kerangka kerja kebijakan dan sistem                   and control system developed by related units.
         pengendalian yang dibangun oleh unit-unit
         terkait.
     5. Melakukan review atas Rencana Bisnis                5. Reviewing the Company's Business Plan before
         Perusahaan sebelum mendapat persetujuan               obtaining approval from the Board of
         Dewan Komisaris.                                      Commissioners.
     6. Memantau dan mengevaluasi pelaksanaan               6. Monitoring and evaluating the implementation
         tugas RMC dan unit-unit Manajemen Risiko.             of the tasks of RMC and Risk Management
                                                               units.
      7. Memberikan saran/nasihat kepada Dewan              7. Providing advice/advice to the Board of
         Komisaris terkait dengan informasi pemantauan         Commissioners related to risk monitoring
         risiko dan pelaksanaan tanggung jawabnya.             information and implementation of
                                                               responsibilities.

  KOMPOSISI KOMITE PEMANTAU RISIKO                       COMPOSITION OF THE RISK SUPERVISORY
                                                         COMMITTEE

  Pada tahun 2023, Komite Pemantau Risiko Perseroan      In 2023, the Risk Supervisory Committee of the
  terdiri dari 3 orang dengan masa jabatan 3 tahun.      Company consisted of 3 people with an office term
                                                         of 3 years.

  Komposisi anggota Komite Pemantau Risiko Perseroan     The composition of the members of the Company’s
  per 31 Desember 2023 adalah sebagai berikut:           Risk Supervisory Committee as of December 31, 2023
                                                         is as follows:




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                                                                         Dasar Pengangkatan
       Nama                     Posisi               Keterangan                                        Keahlian
                                                                            Legal Basis of
       Name                    Position                 Note                                           Expertise
                                                                            Appointment

Deswandhy               Ketua Komite            Presiden Komisaris      Resolusi Dewan           Perbankan
Agusman                 Pemantau Risiko         (Independen)            Komisaris tanggal 07     Banking
                        Chairperson of Risk     President               Maret 2022
                        Supervisory             Commissioner            Board of
                        Committee               (Independent)           Commissioners
                                                                        Resolution dated
                                                                        March 07, 2022
Steffano Ridwan         Anggota Komite          Komisaris               Resolusi Dewan           Perbankan
                        Pemantau Risiko         Commissioner            Komisaris tanggal 07     Banking
                        Member of Risk                                  Maret 2022
                        Supervisory                                     Board of
                        Committee                                       Commissioners
                                                                        Resolution dated
                                                                        March 07, 2022


Herwan Ng               Anggota Komite          Pihak Independen        Resolusi Dewan           Akuntansi dan
                        Pemantau Risiko         Independent Party       Komisaris tanggal 07     Keuangan
                        Member of Risk                                  Maret 2022               Accounting and
                        Supervisory                                     Board of                 Finance
                        Committee                                       Commissioners
                                                                        Resolution dated
                                                                        March 07, 2022


INDEPENDENSI KOMITE PEMANTAU RISIKO                          INDEPENDENCE OF THE RISK SUPERVISORY
                                                             COMMITTEE

Komite Pemantau Risiko menjalankan perannya secara           The Risk Supervisory Committee performs its function
profesional dan independen. Seluruh anggota Komite           professionally and independently. No members of
Pemantau Risiko tidak ada yang memiliki hubungan             the Risk Monitoring Committee have a financial,
keuangan, kepengurusan, kepemilikan, dan hubungan            management, ownership relations, and family relations
keluarga dengan anggota Dewan Komisaris, anggota             with members of the Board of Commissioners,
Direksi, dan/atau Pemegang Saham Utama dan                   members of the Board of Directors, and/or Major and
Pengendali, ataupun hubungan dengan Perseroan                Controlling Shareholders, or relation with the Company
yang dapat mempengaruhi kemampuannya untuk                   that can affect the ability to act independently:
bertindak independen:


                       Aspek Independensi                              Deswandhy      Steffano
                                                                                                         Herwan Ng
                      Independence Aspect                               Agusman       Ridwan

Tidak memiliki hubungan keuangan dengan Dewan Komisaris dan
Direksi.
                                                                           √              √                    √
Does not have any financial relation with the Board of Commissioners
and Board of Directors.
Tidak memiliki hubungan kepemilikan saham di perusahaan, baik
secara langsung maupun tidak langsung.
                                                                           √              √                    √
Does not have share-ownership relations at the company, both
directly and indirectly.
Tidak memiliki hubungan kepengurusan di perusahaan, Entitas
Anak, maupun perusahaan afiliasi.
                                                                           -              √                    √
Does not have any management relation in the company, Subsidiary,
as well as affiliated company.




                                                                                                                        215
Page 216
                                Aspek Independensi                           Deswandhy          Steffano
                                                                                                                 Herwan Ng
                               Independence Aspect                            Agusman           Ridwan

      Tidak memiliki hubungan keluarga dengan Dewan Komisaris, Direksi,
      dan/atau sesama anggota Komite Pemantau Risiko.
      Does not have family relations with the Board of Commissioners,             √                √                  √
      Board of Directors, and/or fellow members of the Risk Supervisory
      Committee.
      Tidak menjabat sebagai pengurus partai politik, pejabat, dan
      pemerintah.
                                                                                  √                √                  √
      Does not serve as a political party administrator, officer, and
      government.



  PELAKSANAAN TUGAS KOMITE PEMANTAU                                 DUTIES IMPLEMENTATION OF THE RISK
  RISIKO TAHUN 2023                                                 SUPERVISORY COMMITTEE IN 2023

  Pada tahun 2023, Komite Pemantau Risiko telah                     In 2023, the Risk Monitoring Committee has
  melaksanakan seluruh program kerja yang                           implemented all work programs it plans with the
  direncanakannya dengan realisasi sebagai berikut:                 following realization:
     1. Memantau pelaksanaan tugas Komite                               1. Monitoring the implementation of the Risk
        Manajemen Risiko;                                                  Management Committee’s duties;
     2. Memantau pelaksanaan tugas Satuan Kerja                         2. Monitoring the implementation of duties of
        Manajemen Risiko;                                                  the Risk Management Work Unit;
     3. Me-review profil risiko perusahaan, mulai dari                  3. Review the company's risk profile, ranging from
        risiko strategis, risiko operasional, risiko kredit,               strategic risk, operational risk, credit risk, market
        risiko pasar, risiko likuiditas, risiko hukum, risiko              risk, liquidity risk, legal risk, compliance risk,
        kepatuhan, dan risiko reputasi;                                    and reputation risk;
     4. Memastikan pelaksanaan GCG dilakukan dengan                     4. Ensuring the implementation of GCG is carried
        baik; dan                                                          out properly; and
     5. Meninjau ambang batas risiko kredit.                            5. Reviewing credit risk thresholds.

  RAPAT KOMITE PEMANTAU RISIKO                                      MEETINGS OF THE RISK SUPERVISORY COMMITTEE

  Sesuai dengan ketentuan dalam Pedoman Kerja                       According to the Risk Supervisory Committee charter,
  Komite Pemantau Risiko, rapat Komite Pemantau                     the Risk Supervisory Committee shall convene meetings
  Risiko wajib diselenggarakan secara berkala sekurang-             at least once in 3 months.
  kurangnya 1 kali dalam 3 bulan.

  Sepanjang tahun 2023, Komite Pemantau Risiko telah                In 2023, the Risk Supervisory Committee has held 4
  mengadakan rapat sebanyak 4 (empat) kali dengan                   (four) meetings with the detailed frequency of
  rincian frekuensi kehadiran sebagai berikut:                      attendance as the following:


                Nama                      Jabatan pada Komite           Kehadiran Rapat                  Jumlah Rapat
                Name                    Position in the Committee      Meeting Attendance              Number of Meetings

      Deswandhy Agusman                 Ketua                                    4                             4
                                        Chairperson
      Steffano Ridwan                   Anggota                                  4                             4
                                        Member
      Herwan Ng                         Anggota                                  4                             4
                                        Member




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PENGEMBANGAN KOMPETENSI KOMITE                             COMPETENCE DEVELOPMENT OF THE RISK
PEMANTAU RISIKO                                            SUPERVISORY COMMITTEE

Di sepanjang tahun 2023, seluruh anggota Komite            During 2023, all members of the Risk Supervisory
Pemantau Risiko Perseroan telah mengikuti serangkaian      Committee of the Company took part in several
kegiatan pelatihan, baik yang diselenggarakan oleh         training activities, either held by internal party or
pihak internal Perseroan maupun pihak eksternal            those held by external party as shown in the following:
yang ditunjukkan sebagai berikut:


                                                                           Tanggal dan
                                                                              Tempat
               Nama               Jabatan                 Pelatihan                              Penyelenggara
  No.                                                                        Pelatihan
               Name               Position                 Training                                Organizer
                                                                           Training Date
                                                                             and Place

   1.   Deswandhy            Ketua Komite          Webinar Outlook        10 Januari 2023     Otoritas Jasa
        Agusman              Pemantau Risiko       Industri Jasa          – Daring            Keuangan (OJK)
                             Chairperson of Risk   Keuangan di Tahun      January 10,         Financial Services
                             Supervisory           2023                   2023 – Online       Authority (OJK)
                             Committee             Financial Services
                                                   Industry Outlook
                                                   Webinar in 2023
   2.   Steffano Ridwan      Anggota Komite        Enhancing ESG          07 Desember         Otoritas Jasa
                             Pemantau Risiko       Through Best           2023 – Daring       Keuangan (OJK)
                             Member of Risk        Practices in           December 07,        Financial Services
                             Supervisory           Accounting             2023 – Online       Authority (OJK)
                             Committee
   3.   Herwan Ng            Anggota Komite
                             Pemantau Risiko
                             Member of Risk                   -                  -                       -
                             Supervisory
                             Committee



Organ Pendukung Direksi
Supporting Organs of The Board of Directors

KOMITE MANAJEMEN RISIKO                                    RISK MANAGEMENT COMMITTEE
Untuk memastikan pelaksanaan proses dan sistem             To ensure the implementation of Risk Management
Manajemen Risiko dapat berjalan dengan efektif,            processes and systems can run effectively, the company
maka perusahaan membentuk Komite Manajemen                 established a Risk Management Committee. Risk
Risiko. Pembentukan Komite Manajemen Risiko untuk          Management Committee assists the Board of Directors
membantu Direksi menerapkan kebijakan manajemen            in implementing risk management policies and
risiko dan mengelola seluruh eksposur risiko yang          managing all risk exposures faced by the Company.
dihadapi Perseroan. Komite Manajemen Risiko juga           The Risk Management Committee also plays a role
berperan dalam memastikan ketepatan tanggapan              in ensuring the accuracy of management responses
manajemen terhadap temuan dan rekomendasi dari             to the findings and recommendations of the internal
auditor internal, auditor eksternal serta regulator        auditors, external auditors and regulators as well as
beserta tingkat efektivitas dari tindak lanjut terhadap    the level of effectiveness of the follow-up to the
temuan.                                                    findings.




                                                                                                                      217
Page 218
  PEDOMAN KERJA KOMITE MANAJEMEN RISIKO                       THE RISK MANAGEMENT COMMITTEE CHARTER

  Komite Manajemen Risiko telah memiliki Pedoman              The Risk Management Committee has a charter
  Kerja yang ditetapkan berdasarkan Surat Edaran No.          established based on Circular No. SE.2015.047/PREDI-
  SE.2015.047/PREDI-BIIFC tentang Pedoman Penerapan           BIIFC concerning Guidelines for the Implementation
  Manajemen Risiko yang kemudian diperbaharui pada            of Risk Management which later updated in 2021 in
  tahun 2021 di dalam SOP Kerangka Kerja Manajemen            Risk Management Framework SOP.
  Risiko.



  TUGAS, TANGGUNG JAWAB DAN                                   DUTIES, RESPONSIBILITIES AND AUTHORITIES
  WEWENANG KOMITE MANAJEMEN RISIKO                            OF THE RISK MANAGEMENT COMMITTEE

  Tugas dan tanggung jawab Komite Manajemen Risiko            Duties and responsibilities of the Risk Management
  yaitu:                                                      Committee, namely:
     1. Menerapkan Manajemen Risiko secara efektif,             1. Implementing Risk Management effectively,
         baik untuk perusahaan secara individual maupun             both for individual companies and for companies
         untuk perusahaan secara konsolidasi dengan                 in consolidation with the Parent Company.
         Induk Perusahaan.
     2. Memberikan rekomendasi kepada direktur                   2. Providing recommendations to the president
         utama, yang paling sedikit mencakup:                       director, which at least includes:
         a. Penyusunan kebijakan, strategi, dan                     a. Formulation of policies, strategies, and
            pedoman penerapan Manajemen Risiko;                        guidelines for the implementation of Risk
                                                                       Management;
         b. Perbaikan atau penyempurnaan pelaksanaan                b. Improvement or improvement of the
            Manajemen Risiko berdasarkan hasil evaluasi                implementation of Risk Management based
            pelaksanaan Manajemen Risiko; dan                          on the results of the evaluation of the
                                                                       implementation of Risk Management; and
         c. Penetapan hal-hal yang terkait dengan                   c. Determination of matters related to business
            keputusan bisnis yang menyimpang dari                      decisions that deviate from normal
            prosedur normal.                                           procedures.

  Sedangkan, wewenang Komite Manajemen Risiko                 The authority of the Risk Management Committee
  antara lain:                                                includes, among others:
     1. Menentukan batasan-batasan kredit;                        1. Specifying credit limits;
     2. Memastikan risiko kredit dan komposisi                    2. Ensuring that the credit risk and portfolio
        portofolio tetap dalam batasan yang telah                    composition remain within the prescribed
        ditentukan;                                                  limits;
     3. Memberikan persetujuan terkait kerangka kerja,            3. Approving on the framework, strategies for
        strategi- strategi untuk risiko kepengurusan,                the management risk, governance risk,
        risiko tata kelola, risiko operasional, risiko aset          operational risk, asset and liability risk, financing
        dan liabilitas, risiko pembiayaan, dan risiko                risk, and fund supporting risk;
        dukungan dana;
     4. Memberikan persetujuan atas teknik-teknik                4. Approving general operational techniques; and
        operasional yang umum; dan
     5. Memberikan persetujuan terhadap proses                   5. Approving the process of identifying, analyzing,
        identifikasi, analisis, dan evaluasi risiko.                and evaluating risks.




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KOMPOSISI KOMITE MANAJEMEN RISIKO                      COMPOSITION OF THE RISK MANAGEMENT
                                                       COMMITTEE

Susunan keanggotaan Komite Manajemen Risiko per        The composition of the Risk Management Committee
31 Desember 2023 sebagai berikut:                      as of December 31, 2023 is as follows:


        Nama                 Posisi              Keterangan                  Dasar Pengangkatan
        Name                Position                Note                  Legal Basis of Appointment

Alexander             Ketua Komite          Presiden Direktur     Pembentukan Komite Manajemen Risiko
                      Manajemen Risiko      President Director    tanggal 21 Januari 2016
                      Chairperson of Risk                         Establishment of the Risk Management
                      Management                                  Committee on January 21, 2016
                      Committee
Arief Soerendro       Anggota Komite        Direktur              Pembentukan Komite Manajemen Risiko
                      Manajemen Risiko      Director              tanggal 21 Januari 2016
                      Member of Risk                              Establishment of the Risk Management
                      Management                                  Committee on January 21, 2016
                      Committee
Miki Effendi Lim      Anggota Komite        Direktur              Pembentukan Komite Manajemen Risiko
                      Manajemen Risiko      Director              tanggal 21 Januari 2016
                      Member of Risk                              Establishment of the Risk Management
                      Management                                  Committee on January 21, 2016
                      Committee
Arthur Oktavianus     Anggota Komite        Risk Management       Pembentukan Komite Manajemen Risiko
Senduk                Manajemen Risiko      Division Head         tanggal 21 Januari 2016
                      Member of Risk                              Establishment of the Risk Management
                      Management                                  Committee on January 21, 2016
                      Committee



PELAKSANAAN TUGAS KOMITE MANAJEMEN                     DUTIES IMPLEMENTATION OF THE RISK
RISIKO TAHUN 2023                                      MANAGEMENT COMMITTEE IN 2023

Pada tahun 2023, Komite Manajemen Risiko telah         In 2023, the Risk Management Committee has carried
menjalankan tugas, tanggung jawab, serta               out its duties, responsibilities and authorities by
wewenangnya dengan melakukan:                          carrying out:
  1. Menginformasikan hasil tinjauan ulang risk            1. Provide information on the results of the risk
      appetite (ambang batas untuk risiko kredit);            appetite review (threshold for credit risk);
  2. Menginformasikan penyesuaian limit wewenang           2. Provide information on adjustments to the limit
      pembiayaan; dan                                         on financing authority; and
  3. Menginformasikan terkait kondisi portofolio           3. Provide information related to the Company's
      perusahaan setiap bulannya.                             portfolio every month.

RAPAT KOMITE MANAJEMEN RISIKO                          MEETINGS OF THE RISK MANAGEMENT
                                                       COMMITTEE

Sesuai ketentuan dalam Pedoman Kerja Komite            According to the provisions in the Risk Management
Manajemen Risiko, Komite Manajemen Risiko wajib        Committee Work Guidelines, the Risk Management
melakukan rapat paling kurang 4 kali dalam 1 tahun.    Committee is required to convene meeting at least
                                                       4 times a year.

Pada tahun 2023, Komite Manajemen Risiko telah         In 2023, the Risk Management Committee held 4
menyelenggarakan rapat sebanyak 4 (empat) kali         (four) meetings with attendance levels as follows:
dengan tingkat kehadiran sebagai berikut:




                                                                                                               219
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                  Nama                     Jabatan pada Komite           Kehadiran Rapat             Jumlah Rapat
                  Name                   Position in the Committee      Meeting Attendance         Number of Meetings

      Alexander                          Ketua                                  4                           4
                                         Chairperson
      Arief Soerendro                    Anggota dengan hak suara               4                           4
                                         Member with voting rights
      Miki Effendi Lim                   Anggota dengan hak suara               4                           4
                                         Member with voting rights
      Arthur Oktavianus Senduk           Anggota dengan hak suara               4                           4
                                         Member with voting rights




  Sekretaris Perusahaan
  Corporate Secretary
  Sekretaris Perusahaan merupakan pihak penghubung                   The Corporate Secretary serves as the liaison that
  yang menjembatani berbagai kepentingan antara                      bridges various interests between the Company and
  Perseroan dengan pihak eksternal, terutama dalam                   external parties, especially in maintaining public
  menjaga persepsi publik atas citra Perseroan. Sebagai              perceptions of the Company’s image. As one of the
  salah satu organ pendukung, Sekretaris Perusahaan                  supporting organs, the Corporate Secretary plays an
  berperan penting dalam memfasilitasi komunikasi                    important role in facilitating communication between
  antar organ Perseroan, hubungan antara Perseroan                   the Company’s organs, the relationship between the
  dengan Pemegang Saham, regulator, dan pemangku                     Company and Shareholders, regulators and other
  kepentingan lainnya serta memastikan kepatuhan                     stakeholders and ensuring the Company’s compliance
  Perseroan terhadap peraturan perundang-undangan                    with laws and regulations in the capital market.
  di bidang pasar modal.

  PEDOMAN KERJA SEKRETARIS                                           CORPORATE SECRETARY CHARTER
  PERUSAHAAN
  Sekretaris Perusahaan menjalankan fungsi, tugas, dan               The Corporate Secretary carries out functions, duties
  tanggung jawab dengan berpedoman pada Peraturan                    and responsibilities based on the Financial Services
  Otoritas Jasa Keuangan No. 35/POJK.04/2014 tentang                 Authority Regulation No. 35/POJK.04/2014 concerning
  Sekretaris Perusahaan Emiten atau Perusahaan Publik,               the Corporate Secretary of Issuers or Public Companies
  serta mengacu pada Anggaran Dasar Perseroan.                       and refers to the Company’s Articles of Association.

  TUGAS DAN TANGGUNG JAWAB                                           DUTIES AND RESPONSIBILITIES OF THE
  SEKRETARIS PERUSAHAAN                                              CORPORATE SECRETARY
  Pelaksanaan tugas dan tanggung jawab Sekretaris                    The implementation of duties and responsibilities of
  Perusahaan mengacu pada Anggaran Dasar Perseroan.                  the Corporate Secretary refers to the Articles of
  Berikut uraian tugas dan tanggung jawab yang                       Association of the Company. The following is a
  diemban oleh Sekretaris Perusahaan:                                description of the duties and responsibilities carried
                                                                     out by the Corporate Secretary:
        1. Mengikuti perkembangan pasar modal terutama                  1. Keeping abreast of capital market developments,
           pada peraturan-peraturan yang berlaku dalam                     especially in the regulations applicable in the
           bidang pasar modal;                                             capital market;
        2. Memberikan saran kepada Direksi terkait                      2. Providing advices to the Board of Directors
           ketentuan Undang- Undang No.8 tahun 1995                        regarding the provisions of Law No.8 of 1995
           tentang Pasar Modal dan peraturan                               concerning the Capital Market and its




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      pelaksanaannya; dan                                      implementing regulations; and
   3. Menjadi penghubung antara Perseroan dengan            3. Acting as a liaison between the Company and
      Otoritas Jasa Keuangan dan masyarakat.                   the Financial Services Authority and the public.

PELAKSANAAN TUGAS SEKRETARIS                           IMPLEMENTATION OF DUTIES OF THE
PERUSAHAAN                                             CORPORATE SECRETARY
Sepanjang tahun 2023, Sekretaris Perusahaan telah      Throughout 2023, the Corporate Secretary has carried
melaksanakan tugas dan tanggung jawab berikut:         out the following duties and responsibilities:
   1. Menyusun laporan tahunan 2023;                      1. Preparing the 2023 annual report;
   2. Mengelola penyelenggaraan dan publikasi             2. Managing the implementation and publication
      RUPS; dan                                              of the GMS;and
   3. Menjaga hubungan baik dengan regulator,             3. Maintaining good relations with regulators,
      media, maupun pemangku kepentingan                     media, and other stakeholders.
      lainnya.



PENGEMBANGAN KOMPETENSI                                COMPETENCY DEVELOPMENT OF THE
SEKRETARIS PERUSAHAAN                                  CORPORATE SECRETARY
Perseroan memiliki kebijakan terkait pengembangan      The Company has policies related to the development
dan peningkatan kompetensi bagi Sekretaris             and enhancement of competence for the Corporate
Perusahaan yang dilakukan melalui berbagai pelatihan   Secretary through various training and education at
dan pendidikan dengan pendanaan sepenuhnya             the expenses of the Company.
menjadi tanggung jawab Perseroan.

Selama tahun 2023, Sekretaris Perusahaan telah         During 2023, the Corporate Secretary has participated
mengikuti program pelatihan dan pendidikan sebagai     in the following training and education programs:
berikut:


                                                                        Tanggal dan
             Nama           Jabatan             Pelatihan            Tempat Pelatihan         Penyelenggara
  No.
             Name           Position             Training            Training Date and          Organizer
                                                                            Place

   1    Arief Soerendro   Sekretaris   Webinar “Outlook Industri     10 Januari 2023      Otoritas Jasa
                          Perusahaan   Jasa Keuangan di Tahun        - Daring             Keuangan (OJK)
                          Corporate    2023”                         January 10, 2023     Financial Services
                          Secretary    Webinar "Financial Services   - Online             Authority (OJK)
                                       Industry Outlook in 2023"
                                       Training : Binus Knowledge    18 Januari 2023      Otoritas Jasa
                                       Sharing Data Science & Big    - Daring             Keuangan (OJK)
                                       Data Analysis                 January 18, 2023     Financial Services
                                                                     - Online             Authority (OJK)
                                       Webinar Idea Talks Volume     09 Februari 2023     Universitas Bina
                                       3 dengan tema : Scaling Up    - Daring             Nusantara
                                       SMEs through Digitalization   Ferbuary 9, 2023     Bina Nusantara
                                       and Social Function           - Online             University
                                       Idea Talks Volume 3
                                       Webinar with the theme:
                                       Scaling Up SMEs through
                                       Digitalization and Social
                                       Function




                                                                                                                   221
Page 222
                                                                              Tanggal dan
              Nama               Jabatan             Pelatihan             Tempat Pelatihan         Penyelenggara
      No.
              Name               Position             Training             Training Date and          Organizer
                                                                                  Place

                                            Webinar : Prospek Insurtech    02 Maret 2023         Otoritas Jasa
                                            di Indonesia                   - Daring              Keuangan (OJK)
                                            Webinar : Insurtech            March 2, 2023 -       Financial Services
                                            Prospect in Indonesia          Online                Authority (OJK)


                                            Webinar : Pemanfaatan          30 Maret 2023         Otoritas Jasa
                                            Analisis Big Data dalam        - Daring              Keuangan (OJK)
                                            Meningkatkan Kinerja           March 30, 2023 -      Financial Services
                                            Industri Jasa Keuangan         Online                Authority (OJK)
                                            Webinar: Utilization of Big
                                            Data Analysis in Improving
                                            the Performance of the
                                            Financial Services Industry
                                            Cohort M25+UP Part 2           24 - 27 Juli 2023    Malayan Banking
                                                                           - Luring (Malaysia) Berhad
                                                                           July 24 - 27, 2023
                                                                           - Offline (Malaysia)

                                            Undangan Forum                 12 Oktober 2023       Otoritas Jasa
                                            Penguatan Audit Internal       - Luring (Jakarta)    Keuangan (OJK)
                                            Sektor Perasuransian,          October 12, 2023      Financial Services
                                            Penjaminan, Dana Pensiun,      - Offline (Jakarta)   Authority (OJK)
                                            Lembaga Pembiayaan,
                                            Perusahaan Modal Ventura,
                                            dan Lembaga Jasa
                                            Keuangan Lainnya
                                            Invitation to the Forum for
                                            Strengthening Internal
                                            Audit in the Insurance,
                                            Guarantee, Pension Fund,
                                            Financing Institution,
                                            Venture Capital Company,
                                            and Other Financial
                                            Services Institutions Sector
                                            Undangan Dialog Akhir          04 Desember           Otoritas Jasa
                                            Tahun Dewan Komisioner         2023 - Luring         Keuangan (OJK)
                                            OJK dan Industri Jasa          (Jakarta)             Financial Services
                                            Keuangan                       December 4, 2023      Authority (OJK)
                                            Invitation to the Year-End     - Offline (Jakarta)
                                            Dialogue of the OJK Board
                                            of Commissioners and the
                                            Financial Services Industry
                                            Kegiatan Risk and              30 Desember           Otoritas Jasa
                                            Governance Summit (RGS)        2023 - Luring         Keuangan (OJK)
                                            2023                           (Jakarta)             Financial Services
                                            Risk and Governance            December 30,          Authority (OJK)
                                            Summit (RGS) 2023              2023 - Offline
                                            Activities                     (Jakarta)




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Unit Audit Internal
Internal Audit Unit

Internal Audit merupakan perangkat Direksi yang         Internal Audit is a corporate organ under the Board
membantu menjalankan aktivitas assurance serta          of Directors that assists the Board of Directors in
konsultasi atas efektivitas proses manajemen risiko,    carrying out assurance activities and provides
pengendalian internal, dan tata kelola perusahaan.      consulting services on the effectiveness of risk
Hal tersebut dilaksanakan dengan memberikan             management processes, internal control, and corporate
konsultasi independen yang dirancang guna menambah      governance. This is done by providing independent
nilai dan meningkatkan operasi Perseroan.               consultations designed to add value and enhance
                                                        the Company’s operations.

PEDOMAN KERJA AUDIT INTERNAL                            INTERNAL AUDIT CHARTER
Internal Perseroan telah membentuk Piagam Audit         The Company has established an Internal Audit Charter
Internal yang telah disetujui oleh Dewan Komisaris      that was approved by the Board of Commissioners
dan ditetapkan oleh Presiden Direktur pada 25 Juli      and ratified by the President Director on July 25,
2022. Piagam Audit Internal berfungsi sebagai acuan     2022. The Internal Audit Charter serves as a reference
atau pedoman Unit Audit Internal dalam melaksanakan     or guideline for the Internal Audit Unit in carrying
tugas, dan tanggung jawabnya.                           out their duties and responsibilities.

VISI UNIT AUDIT INTERNAL                                VISION OF THE INTERNAL AUDIT UNIT
Menjadi unit kerja yang mampu meminimalkan              Becoming a capable work unit to minimize the practice
terjadinya praktik kecurangan dengan menjalankan        of fraud by carrying out risk-based audits.
pemeriksaan berbasis risiko.

MISI UNIT AUDIT INTERNAL                                MISSION OF THE INTERNAL AUDIT UNIT
Unit Audit Internal memiliki misi, yaitu melaksanakan   The Internal Audit Unit has a mission, which is to carry
pemeriksaan berbasis risiko terhadap setiap unit        out risk-based audits on each work unit and ensure
kerja dan memastikan setiap hasil pemeriksaan akan      that each audit result will be followed up in the form
ditindaklanjuti dalam bentuk perbaikan kebijakan        of continuous policy improvement.
berkelanjutan.

TUGAS, TANGGUNG JAWAB, DAN                              DUTIES, RESPONSIBILITIES, AND
WEWENANG UNIT AUDIT INTERNAL                            AUTHORITIES OF THE INTERNAL AUDIT
                                                        UNIT
Tugas dan tanggung jawab Kepala Audit Internal          The Head of Internal Audit Unit has the duties and
meliputi:                                               responsibility to:
   1. Membuat perencanaan audit tahunan                    1. Develop an annual audit plan based on risk-
      berdasarkan pendekatan risiko (risk-based               based approach, including any risks and control
      approach), termasuk risiko dan kontrol yang             concerns identified by management and
      menjadi perhatian Manajemen dan regulator.              regulators. The annual audit plan must be
      Rencana audit tahunan harus disetujui oleh              approved by the President Director and the
      Direktur Utama dan Dewan Komisaris dengan               Board of Commissioners by considering the
      mempertimbangkan rekomendasi Komite                     Audit Committee’s recommendation.
      Audit.
   2. Melaksanakan rencana audit tahunan yang              2. Implement the annual audit plan as approved,
      telah disetujui, termasuk melaksanakan                  including carrying any special assignments as
      penugasan khusus atas permintaan Direktur               requested by the President Director and the
      Utama dan Dewan Komisaris.                              Board of Commissioners.
   3. Membuat laporan hasil pemeriksaan audit dan          3. Provide internal audit report and submit it to
      menyampaikan kepada Direksi dengan                      Board of Directors with copies to The Board




                                                                                                                 223
Page 224
         tembusan kepada Dewan Komisaris, Komite                 of Commissioners, the Audit Committee and
         Audit, dan Kepala Unit Kerja terkait.                   related work unit head.
      4. Melakukan pemantauan dan evaluasi atas               4. Monitoring and evaluating the adequacy of
         kecukupan tindak lanjut hasil audit oleh Auditee        follow-up actions taken by auditee on the audit
         dan menyampaikan laporan kepada Direksi,                results and Submitting report to the Board of
         Dewan Komisaris, dan Komite Audit.                      Directors, the Board of Commissioner, and the
                                                                 Audit Committee.
      5. Dalam hal digunakan jasa pihak ekstern untuk         5. In the case of external services used for internal
          aktivitas audit intern:                                audit activities:
          • Memastikan dilakukannya alih pengetahuan             • Ensure transfer of knowledge between
              antara pihak ekstern kepada anggota                    external parties to Internal Audit members.
              Internal Audit.
          • Memastikan jasa pihak ekstern tidak                  •   Ensure external party services do not affect
              mempengaruhi independensi dan                          the independence and objectivity of Internal
              objektivitas fungsi Internal Audit dan                 Audit function and comply with internal
              mematuhi Piagam Internal Audit.                        audit charter.
      6. Menyampaikan temuan Audit terkait pelaksanaan        6. Communicate audit findings related to the
          pemenuhan prinsip syariah kepada Dewan                 implementation of compliance with sharia
          Pengawas Syariah.                                      principles to the Sharia Supervisory Board.
      7. Berperan sebagai konsultan bagi perusahaan           7. Acting as a Consultant for the Company, i.e by
          antara lain dengan memberikan tanggapan atas           providing inputs on the draft of policy, system,
          usulan kebijakan, sistem, dan prosedur untuk           and procedures to ensure adequate internal
          memastikan kecukupan pengendalian intern.              control.
      8. Menjaga profesionalisme auditor intern melalui       8. Maintain the professionalism of internal auditor
          program pendidikan berkelanjutan seperti               through continuing education programs such
          program sertifikasi untuk melengkapi                   as certifications program to complement the
          pengetahuan dan keterampilan auditor intern            internal auditor’s knowledge and skills that are
          yang sesuai dengan kompleksitas dan kegiatan           relevant with Company’s business activities
          usaha perusahaan.                                      and complexity.
      9. Membuat program penjaminan mutu (quality             9. Establish a quality assurance program to evaluate
          assurance program) untuk mengevaluasi dan              and assure the quality of operations of internal
          menjamin mutu kegiatan operasional audit               audit activities.
          intern.
      10. Mengembangkan metodologi audit secara               10. Develop an audit methodology on an ongoing
          berkesinambungan untuk meningkatkan                     basis to improve the efficiency and effectiveness
          efisiensi dan efektivitas kinerja Internal Audit.       of Internal Audit performance.
      11. Menyusun dan mengkaji Piagam Audit Intern.          11. Establish and review internal audit charter.
      12. Jika diperlukan, sesuai dengan kebutuhan            12. Do the Amendment (switching) the Audit
          pemeriksaan dan dengan pertimbangan                     Inspection schedule as long as it does not
          tertentu, Kepala Internal Audit dapat melakukan         reduce the number of Inspections that have
          perubahan rencana audit tahunan selama tidak            been determined in the Audit Plan.
          mengurangi jumlah pemeriksaan yang sudah
          ditentukan pada perencanaan audit tahunan.
      13. Jika diperlukan, sesuai dengan kebutuhan            13. If necessary, according to the needs of the
          pemeriksaan dan dengan pertimbangan                     examination and with certain considerations,
          tertentu, Kepala Internal Audit dapat                   the Head of Internal Audit can add auditors
          menambahkan auditor dan/atau waktu                      and / or examination time if there are indications
          pemeriksaan apabila terdapat indikasi                   of problems that require further deepening
          permasalahan yang memerlukan pendalaman                 but the number of audit teams and / or
          lebih lanjut lanjut namun jumlah tim audit dan/         examination time is insufficient.
          atau waktu pemeriksaannya sudah tidak
          mencukupi.




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Sedangkan, wewenang Unit Audit Internal yaitu:          The authority of the Internal Audit Unit includes:
   1. Memiliki akses tidak terbatas pada semua             1. Having unlimited access to all functions,
      fungsi, dokumen, karyawan, dan aset yang                documents, employees, and assets related to
      berkaitan dengan pelaksanaan audit tanpa                the audit without interference from any party;
      campur tangan dari pihak manapun;
   2. Melakukan komunikasi secara langsung dengan          2. Communicating directly with Board of Directors,
      Direksi, Dewan Komisaris dan/atau Komite                Board of Commissioners, and/or Audit Committee
      Audit;                                                  and member of Board of Directors, Board of
                                                              Commissioners, and/or Audit Committee;
   3. Mengadakan rapat yang sifatnya berkala dan           3. Holding regular and incidental meetings with
      insidentil dengan Direksi, Dewan Komisaris,             Board of Directors, Board of Commissioners,
      dan/atau Komite Audit;                                  and/or Audit Committee;
   4. Mengalokasi seluruh sumber daya, menentukan          4. Allocating all resources, specifying the audit
      jadwal audit, memilih objek yang akan diaudit,          schedule, selecting the object to be audited,
      menyusun jadwal audit (dengan atau tanpa                arranging an audit schedule (with or without
      pemberitahuan kepada pihak yang diaudit),               notice to the audited party), determining the
      menetapkan frekuensi audit, dan ruang lingkup           frequency and scope of the audit;
      audit;
   5. Bekerja dengan bebas tanpa campur tangan             5. Working without interference or pressure from
      ataupun tekanan dari pihak manapun dan                  any party and possessing the authority to
      memiliki kewenangan dalam menentukan                    determine audit methodology, technique, and
      metodologi, teknik, dan pendekatan audit yang           approach used;
      digunakan;
   6. Melakukan koordinasi kegiatan audit dengan           6. Coordinating audit activities with external
      kegiatan auditor eksternal;                             auditors’ activities;
   7. Mewawancarai pihak-pihak yang dianggap               7. Interviewing parties considered to be related
      berkaitan dengan kegiatan yang diaudit;                 to the audited activity;
   8. Melakukan inspeksi ke tempat konsumen (on-           8. Conducting on-site inspection in order to ensure
      site inspection) dalam rangka memastikan                the accuracy of the data being audited or to
      kebenaran data yang diaudit atau untuk                  verify data on the Audit findings; and
      memverifikasi data temuan Audit; dan
   9. Jika diperlukan, auditor internal dapat meminta      9. If deemed necessary, internal auditors can ask
      pendapat tenaga ahli dari dalam maupun luar             for opinions from experts who are from inside
      Perseroan.                                              and outside the Company.

STRUKTUR DAN KEDUDUKAN UNIT                             STRUCTURE AND POSITION OF THE
AUDIT INTERNAL                                          INTERNAL AUDIT UNIT
Unit Audit Internal dipimpin oleh seorang Kepala        The Internal Audit Unit is led by the Head of Internal
Audit Internal, yang diangkat dan diberhentikan oleh    Audit, who is appointed and dismissed by the President
Presiden Direktur dengan persetujuan Dewan              Director with the approval of the Board of
Komisaris. Kepala Audit Internal bertanggung jawab      Commissioners. The Head of Internal Audit reports
langsung kepada Dewan Komisaris dan Presiden            directly to the Board of Commissioners and the
Direktur. Dalam menjalankan tugasnya, setiap personil   President Director. In carrying out its duties, each
Audit Internal patuh terhadap Standar Pelaksanaan       Internal Audit member complies with the Professional
Profesional dari The Institute of Internal Auditors.    Implementation Standards of The Institute of Internal
                                                        Auditors.

Sampai akhir tahun 2023, Unit Audit Internal didukung   Untill the end of 2023, the Internal Audit Unit is
oleh 11 personil dengan komposisi sebagai berikut:      supported by 11 personnel with the following
                                                        composition:




                                                                                                                225
Page 226
                                         Jabatan                                      Jumlah Personil
                                         Position                                     Total Personnel

      Kepala Unit Audit Internal                                                              1
      Head of Internal Audit
      Audit Supervisor                                                                        1
      Audit Supervisor
      Information, and Communication Technology Audit Supervisor                              1
      Information, and Communication Technology Audit Supervisor
      Quality Assurance & Methodology Staff                                                   1
      Quality Assurance & Methodology Staff
      Staf Audit                                                                             6
      Audit Staff
      Staf Audit ICT                                                                          1
      ICT Audit Staff
      Jumlah                                                                                 11
      Total


  INDEPENDENSI UNIT AUDIT INTERNAL                          INDEPENDENCE OF THE INTERNAL AUDIT
                                                            UNIT
  Seluruh anggota Unit Audit Internal Perseroan adalah      All members of the Company’s Internal Audit Unit
  individu yang profesional dan tidak memiliki hubungan     are professional individuals and have no relations
  dengan Perseroan guna menjaga independensi dalam          with the Company to maintain their independence
  menjalankan tugas, dan tanggung jawabnya masing-          in implementing their duties and responsibilities. The
  masing. Pelaksanaan tugas dan tanggung jawab, Unit        duties and responsibilities of the Internal Audit Unit
  Audit Internal antara lain adalah merencanakan,           including plans, executes, and reports its audit duties
  melaksanakan, dan melaporkan tugas auditnya secara        freely and independently, without being influenced
  bebas dan mandiri, tanpa dipengaruhi kepentingan          by any interests but with consideration of
  manapun sesuai dengan pertimbangan profesionalisme        professionalism and applicable audit standards and
  dan standar audit yang berlaku serta berdasarkan          based on available evidence and facts.
  bukti dan fakta yang ada.

  PERTANGGUNGJAWABAN UNIT AUDIT                             ACCOUNTABILITY OF THE INTERNAL AUDIT
  INTERNAL                                                  UNIT
  Pelaksanaan tugas Kepala Audit Internal harus             The implementation of the Head of Internal Audit
  dipertanggungjawabkan kepada Presiden Direktur            Unit duties must be accounted to the President
  dan Dewan Komisaris dengan:                               Director and the Board of Commissioners by:
     1. Melaksanakan evaluasi tahunan terhadap                 1. Evaluating annually the adequacy and
        kecukupan dan keefektifan proses organisasi               effectiveness of the organization’s processes
        untuk mengendalikan aktivitasnya dan                      in controlling its activities and managing risks
        mengelola risiko di bidang yang menjadi                   in areas within its scope;
        cakupannya;
     2. Melaporkan isu signifikan terkait proses                   2. Reporting important issues related to the
        pengendalian aktivitas organisasi, termasuk                   process of controlling organizational activities,
        potensi perbaikan dalam prosesnya, dan                        including potential improvements in the process,
        memberikan informasi yang berfokus pada                       and providing information that focuses on issue
        resolusi isu;                                                 resolution;
     3. Memberikan informasi terkait status dan hasil              3. Providing information related to the status and
        perencanaan audit tahunan serta kecukupan                     results of annual audit planning and the
        sumber daya internal audit yang dilakukan                     adequacy of internal audit resources conducted
        secara berkala; dan                                           regularly; and




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   4. Melakukan koordinasi serta pengawasan atas              4. Coordinating and supervising other controls
      kontrol lainnya dan fungsi monitoring terhadap             and monitoring functions on risk management,
      manajemen risiko, kepatuhan, hukum, dan                    compliance, law, and external audit.
      audit eksternal.

RUANG LINGKUP PEKERJAAN UNIT                               SCOPE OF WORK OF THE INTERNAL AUDIT
AUDIT INTERNAL                                             UNIT
Ruang lingkup pekerjaan Audit Internal Perseroan           Scope of work of the Company’s Internal Audit Unit
mencakup penilaian atas kecukupan struktur                 covers evaluation of adequacy of internal control
pengendalian intern, efektivitas pengelolaan risiko,       structure, effectiveness of risk management, and
dan proses tata kelola yang dirancang dan                  governance process already designed and is
diimplementasikan oleh manajemen pada seluruh              implemented by the Management in the whole
aktivitas di perusahaan.                                   operations of the Company.

Internal Audit bertugas untuk meyakinkan:                  Internal Audit is to assure:
   1. Risiko telah diidentifikasi dan dikelola secara         1. Risks are appropriately identified and managed
      tepat melalui evaluasi atas kecukupan proses               by evaluating on the adequacy of the risk
      manajemen risiko.                                          management process.
   2. Kebenaran dan keutuhan informasi keuangan               2. The accuracy and integrity of financial and
      dan operasional, dengan melakukan evaluasi                 operational information by evaluating the
      kecukupan, efektivitas, dan efisiensi pengendalian         adequacy, effectiveness, and efficiency of
      pada bidang keuangan dan operasional dalam                 financial and operating controls in relations to
      hubungannya dengan risiko yang teridentifikasi,            the risks identified and ensure that internal
      serta meyakinkan bahwa pengendalian intern                 controls are recommended and implemented
      telah direkomendasikan dan diimplementasikan               to prevent fraud, embezzlement, and misuse
      untuk mencegah penipuan, penggelapan, dan                  of assets.
      penyalahgunaan aset.
   3. Sumber daya diperoleh secara ekonomis,                  3. Resources are acquired economically, used
      digunakan secara efisien serta dijaga dengan               efficiently, and adequately protected.
      baik.
   4. Tindakan karyawan sesuai dengan kebijakan,              4. Employee’s actions are in compliance with
      prosedur, hukum, dan peraturan yang berlaku.               policies, procedures, laws, and regulations.
   5. Program, rencana, dan sasaran dapat tercapai            5. Programs, plans, and objectives are achieved
      secara efektif dan efisien.                                effectively and efficient.
   6. Peraturan yang berpengaruh secara signifikan            6. Regulatory issues that significantly impacting
      terhadap perusahaan, diketahui dan ditangani               the Company are recognized and addressed
      secara tepat.                                              properly.
   7. Kecukupan dan efektivitas kontrol terhadap              7. Adequacy and effectiveness of control for
      kegiatan alih daya yang dilakukan oleh penyedia            outsourcing activities that are performed by
      jasa alih daya.                                            vendors.

KUALIFIKASI DAN SERTIFIKASI UNIT                           QUALIFICATION AND CERTIFICATION OF
AUDIT INTERNAL                                             THE INTERNAL AUDIT UNIT
Mendukung ketepatan dan kebenaran pelaksanaan              Supporting the accuracy and correctness of the
tugas, personil Unit Audit Internal didorong untuk         implementation of duties, personnel of Internal Audit
memiliki sertifikasi keahlian sebagai berikut:             Unit are encouraged to have the following expertise
                                                           certifications:




                                                                                                                   227
Page 228
               Jabatan                   Jumlah Personil           Sertifikasi                 Penyelenggara
               Position                  Total Personnel          Certification                  Organizer

      Kepala Unit Audit Internal                1          1. Sertifikasi Dasar          1. PT Sertifikasi Profesi
      Head of Internal Audit                                  Pembiayaan –               Pembiayaan Indonesia
                                                              Managerial.                (SPPI)
                                                           2. Certified Internal         2. PT CBQA Global
                                                              Auditor Training Course    Indonesia
                                                              Information Security
                                                              Management Systems
                                                              – ISO/IEC 27001:2022

                                                           1. Basic Financing
                                                              Certification -
                                                              Managerial.
                                                           2. Information Security
                                                              Management System
                                                              Certified Internal
                                                              Auditor Training Course
                                                              - ISO/IEC 27001:2022
      Audit Supervisor                          1          Certified Internal Auditor    PT CBQA Global Indonesia
      Audit Supervisor                                     Training Course
                                                           Information Security
                                                           Management Systems –
                                                           ISO/IEC 27001:2022

                                                           Certified Internal Auditor
                                                           Training Course
                                                           Information Security
                                                           Management Systems –
                                                           ISO/IEC 27001:2022
      Information, and                          1          Certified Information         PT Motekar Edukasi
      Communication                                        Technology Audit              Indonesia
      Technology Audit                                     Professional ("CITAP")
      Supervisor
      Information, and                                     Certified Information
      Communication                                        Technology Audit
      Technology Audit                                     Professional ("CITAP")
      Supervisor
      Quality Assurance &                       1          1. Certified Risk Based       PT Motekar Edukasi
      Methodology Staff                                       Audit Professional         Indonesia
      Quality Assurance &                                     ("CRBAP")
      Methodology Staff                                    2. Certified Internal Audit
                                                              Professional (“CIAP”)

                                                           1. Certified Risk Based
                                                              Audit Professional
                                                              ("CRBAP")
                                                           2. Certified Internal Audit
                                                              Professional (“CIAP”)
      Staf Audit                               6           Muchdar Rafif Asrul M.A:      Muchdar Rafif Asrul M.A:
      Audit Staff                                          Certified of Risk
                                                           Management Level 1            Badan Sertifikasi
                                                           (BSMR)                        Manajemen Risiko (BSMR)

                                                           Muchdar Rafif Asrul M.A:      Risk Management
                                                           Certified of Risk             Certification Body (BSMR)
                                                           Management Level 1
                                                           (BSMR)




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            Jabatan                Jumlah Personil                 Sertifikasi                 Penyelenggara
            Position               Total Personnel                Certification                  Organizer

Staf Audit ICT                            1                Certified Information      PT Motekar Edukasi
ICT Audit Staff                                            Technology Audit           Indonesia
                                                           Professional ("CITAP")

                                                           Certified Information
                                                           Technology Audit
                                                           Professional ("CITAP")


PELAKSANAAN TUGAS UNIT AUDIT                                IMPLEMENTATION OF DUTIES OF THE
INTERNAL TAHUN 2023                                         INTERNAL AUDIT UNIT IN 2023
Sepanjang tahun 2023, Unit Audit Internal telah             Throughout 2023, the Internal Audit Unit conducted
melaksanakan audit sebanyak 66 penugasan yang               66 audits consisting of:
terdiri dari:
   1. 63 Penugasan Audit Reguler                               1. 63 Regular Audit Assignments
   2. 2 Penugasan Audit Tematik                                2. 2 Thematic Audit Assignments
   3. 1 Penugasan Surprised Audit                              3. 1 Surprised Audit Assignment

Hasil pemantauan atas hasil temuan audit dan tindak         The results of monitoring on the results of audit
lanjut dari audit yang telah dijalankan ditunjukkan         findings and the follow-up of the audits that have
sebagai berikut:                                            been carried out are shown as follows:


                        Jumlah Temuan                     Selesai                           Belum Selesai
                            Audit                        Completed                          Not Completed
        Audit
                          Total Audit          Jumlah                               Jumlah
                           Findings                                    %                                    %
                                                Total                                Total

Audit Kantor Pusat           19                  16                  84.21%            3                 15.79%
Head Office Audit
Audit Kantor Cabang          158                 147                 93.04%            11                6.96%
Branch Office Audit
Audit Kantor                 21                  21               100.00%              0                 0.00%
Perwakilan
Representative Office
Audit
Audit ICT                    8                       7               87.50%            1                 12.50%
Audit Tematik                4                       3               75.00%            0                 25.00%
Thematic Audit
Surprised Audit              16                  12                  75.00%            4                 25.00%
Surprised Audit


RAPAT UNIT AUDIT INTERNAL                                   MEETINGS OF THE INTERNAL AUDIT UNIT
Dalam melaksanakan tugasnya, unit audit internal            In performing its duties, the internal audit unit
melakukan rapat:                                            conducted meetings:
   • Rapat dengan tim internal audit sebanyak 12               • Meetings with the internal audit team 12 times
     kali untuk membahas progres dan realisasi                    to discuss the progress and realisation of audit
     pelaksanaan audit selama tahun 2023 beserta                  implementation during 2023 along with audit
     temuan audit dan tindak lanjutnya.                           findings and follow-ups.
   • Rapat dengan Dewan Komisaris, Direksi dan                 • Meetings with the Board of Commissioners,
     Komite Audit sebanyak 4 kali untuk membahas                  Board of Directors and Audit Committee 4




                                                                                                                     229
Page 230
            realisasi hasil pemeriksaan dibandingkan dengan              times to discuss the realisation of audit results
            rencana pemeriksaan selama tahun 2023                        compared to the audit plan during 2023 along
            beserta temuan audit dan tindak lanjutnya.                   with audit findings and follow-ups.

  PENGEMBANGAN KOMPETENSI UNIT                                    COMPETENCE DEVELOPMENT OF THE
  AUDIT INTERNAL                                                  INTERNAL AUDIT UNIT
  Perseroan memiliki kebijakan terkait pengembangan               The Company has policies regarding the development
  dan peningkatan kompetensi bagi Unit Audit Internal             and improvement of competencies for the Internal
  yang dilakukan melalui berbagai pelatihan dan                   Audit Unit, which is carried out through various
  pendidikan. Selama tahun 2023, Unit Audit Internal              training and education programs. During 2023, the
  telah mengikuti program pelatihan dan pendidikan                Internal Audit Unit has participated in the following
  sebagai berikut:                                                training and education programs:


                                                                                   Tanggal dan
                                                                                      Tempat
                Nama                  Jabatan               Pelatihan                                  Penyelenggara
      No.                                                                            Pelatihan
                Name                  Position               Training                                    Organizer
                                                                                   Training Date
                                                                                     and Place

      1.     Maman            Chief Audit        Training : Binus Knowledge       18 Januari 2023   Universitas Bina
             Supriyatna       Officer            Sharing Data Science & Big       - Daring          Nusantara
                              Chief Audit        Data Analysis                    January 18,       Bina Nusantara
                              Officer                                             2023 - Online     University
                                                 Training Teamwork & Character 02 Maret 2023        PT Maybank
                                                 Building for Employee         - Luring             Indonesia Finance
                                                                               (Jakarta)
                                                                               March 2, 2023
                                                                               - Offline
                                                                               (Jakarta)
                                                 Training Leadership for Leader   03 - 06 Maret     PT Maybank
                                                                                  2023 - Luring     Indonesia Finance
                                                                                  (Hongkong)
                                                                                  March 3 - 6,
                                                                                  2023 - Offline
                                                                                  (Hongkong)
                                                 Undangan Knowledge Sharing       31 Maret 2023     Otoritas Jasa
                                                 Mengenai Memahami dan            - Daring          Keuangan (OJK)
                                                 Mencegah Fraud dan Tindak        March 31, 2023    Financial Services
                                                 Pidana di Bidang Usaha Jasa      - Online          Authority (OJK)
                                                 Pembiayaan
                                                 Invitation to Knowledge
                                                 Sharing on Understanding and
                                                 Preventing Fraud and Criminal
                                                 Acts in the Financing Services
                                                 Business Field
                                                 Training Sertifikasi ISO 27001   04 - 05 April     PT CBQA GLOBAL
                                                 ISO 27001 Certification          2023 - Daring     INDONESIA
                                                 Training                         April 4 - 5, 2023
                                                                                  - Online
                                                 Reinventing Financial Crime      10 Mei 2023 -     Ingenuous
                                                 Prevention 2023- Fraud and       Daring
                                                 Compliance Trends and            May 10, 2023 -
                                                 Challenges                       Online




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                                                                     Tanggal dan
                                                                        Tempat
        Nama       Jabatan                    Pelatihan                                    Penyelenggara
No.                                                                    Pelatihan
        Name       Position                    Training                                      Organizer
                                                                     Training Date
                                                                       and Place

                                  Award Malayan Banking             12 - 14 Mei 2023    Malayan Banking
                                  Berhad                            - Luring            Berhad
                                                                    (Malaysia)
                                                                    May 12 - 14,
                                                                    2023 - Offline
                                                                    (Malaysia)
                                  Training : Peran Audit Intern     12 - 13 Juli 2023   Ikatan Auditor Intern
                                  Masa Depan Dalam Industri         - Luring            Bank (IAIB)
                                  Jasa Keuangan                     (Jakarta)           Internal Auditors
                                  Training: The Future Role of      July 12 - 13,       Association of Banks
                                  Internal Audit in the Financial   2023 - Offline      (IAIB)
                                  Services Industry                 (Jakarta)


                                  Undangan Forum Penguatan          12 Oktober          Otoritas Jasa
                                  Audit Internal Sektor             2023 - Luring       Keuangan (OJK)
                                  Perasuransian, Penjaminan,        (Jakarta)           Financial Services
                                  Dana Pensiun, Lembaga             October 12,         Authority (OJK)
                                  Pembiayaan, Perusahaan            2023 - Offline
                                  Modal Ventura, dan Lembaga        (Jakarta)
                                  Jasa Keuangan
                                  Invitation to the Forum for
                                  Strengthening Internal Audit in
                                  the Insurance, Guarantee,
                                  Pension Funds, Financing
                                  Institutions, Venture Capital
                                  Companies, and Financial
                                  Services Institutions Sector
                                  Workshop Design and               07 - 08             Pungki Purnadi
                                  Implement Productivity            November            Associates
                                  Analysis based on Business        2023 - Luring
                                  Process Model                     (Jakarta)
                                                                    November 7 - 8,
                                                                    2023 - Offline
                                                                    (Jakarta)
                                  Renewal Membership IIA            Desember 2023       The Institute of
                                  Indonesia                         - Daring            Internal Auditor
                                                                    December 2023       Indonesia (IIA
                                                                    - Online            Indonesia)
2.    Subhan   Audit Supervisor   KM : Sosialisasi E-learning       20 Januari          PT Maybank
      Kamal                       Gamification City Car             2023 - Daring       Indonesia Finance
                                  KM: Socialization of E-learning   January 20,
                                  Gamification City Car             2023 - Online


                                  Webinar Implementasi              02 Februari         Otoritas Jasa
                                  Artificial Intelligence (AI) di   2023 - Daring       Keuangan (OJK)
                                  Industri Jasa Keuangan            February 2,         Financial Services
                                  Webinar on Artificial             2023 - Online       Authority (OJK)
                                  Intelligence (AI)
                                  Implementation in the
                                  Financial Services Industry




                                                                                                                231
Page 232
                                                                                    Tanggal dan
                                                                                       Tempat
               Nama                   Jabatan               Pelatihan                                   Penyelenggara
      No.                                                                             Pelatihan
               Name                   Position               Training                                     Organizer
                                                                                    Training Date
                                                                                      and Place

                                                 Training Teamwork & Character 02 Maret 2023         PT Maybank
                                                 Building for Employee         - Luring              Indoensia Finance
                                                                               (Jakarta)
                                                                               March 2, 2023
                                                                               - Offline
                                                                               (Jakarta)
                                                 Training Sertifikasi ISO 27001    04 - 05 April     PT CBQA GLOBAL
                                                 ISO 27001 Certification           2023 - Daring     INDONESIA
                                                 Training                          April 4 - 5, 2023
                                                                                   - Online


                                                 Reinventing Financial Crime       10 Mei 2023 -     Ingenuous
                                                 Prevention 2023- Fraud and        Daring
                                                 Compliance Trends and             May 10, 2023 -
                                                 Challenges                        Online
                                                 Training : Peran Audit Intern     12 - 13 Juli      Ikatan Auditor Intern
                                                 Masa Depan Dalam Industri         2023 - Luring     Bank (IAIB)
                                                 Jasa Keuangan                     (Jakarta)         Internal Auditors
                                                 Training: The Future Role of      July 12 - 13,     Association of Banks
                                                 Internal Audit in the Financial   2023 - Offline    (IAIB)
                                                 Services Industry                 (Jakarta)
                                                 KM : Pembuatan Platform           25 Agustus        PT Maybank
                                                 Portal Pengaduan Konsumen         2023 - Daring     Indonesia Finance
                                                 PT Maybank Indonesia Finance      August 25,
                                                 KM: PT Maybank Indonesia          2023 - Online
                                                 Finance Consumer Complaint
                                                 Portal Platform Creation
                                                 Webinar : Enhancing Financial     31 Agustus        Otoritas Jasa
                                                 Performance Through               2023 - Daring     Keuangan (OJK)
                                                 Analytics Data                    August 31, 2023   Financial Services
                                                                                   - Online          Authority (OJK)


                                                 Workshop Design and               07 - 08           Pungki Purnadi
                                                 Implement Productivity            November          Associates
                                                 Analysis based on Business        2023 - Luring
                                                 Process Model                     (Jakarta)
                                                                                   November 7 - 8,
                                                                                   2023 - Offline
                                                                                   (Jakarta)


      3     Bima              Information &      CISA Review Course Term 2         19 Agustus - 20   Pusat Ilmu Komputer
            Febrian           Communication                                        Oktober 2023      Universitas Indonesia
            Baskoro           Technology Audit                                     - Daring          University of
                              - Supervisor                                         August 19         Indonesia Computer
                                                                                   - October 20,     Science Center
                                                                                   2023 - Online
                                                 KM : Pembuatan Platform           25 Agustus        PT Maybank
                                                 Portal Pengaduan Konsumen         2023 - Daring     Indonesia Finance
                                                 PT Maybank Indonesia Finance      August 25,
                                                 KM: PT Maybank Indonesia          2023 - Online
                                                 Finance Consumer Complaint
                                                 Portal Platform Creation




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                                                                     Tanggal dan
                                                                        Tempat
         Nama          Jabatan              Pelatihan                                       Penyelenggara
No.                                                                    Pelatihan
         Name          Position              Training                                         Organizer
                                                                     Training Date
                                                                       and Place

                                  Webinar : Enhancing Financial     31 Agustus           Otoritas Jasa
                                  Performance Through               2023 - Daring        Keuangan (OJK)
                                  Analytics Data                    August 31, 2023      Financial Services
                                                                    - Online             Authority (OJK)
                                  Workshop Design and               07 - 08              Pungki Purnadi
                                  Implement Productivity            November             Associates
                                  Analysis based on Business        2023 - Luring
                                  Process Model                     (Jakarta)
                                                                    November 7 - 8,
                                                                    2023 - Offline
                                                                    (Jakarta)
                                  KM: Media Kolaborasi Antara       22 Desember          PT Maybank
                                  Business Development              2023 - Daring        Indonesia Finance
                                  Departemen & Marketing            December 22,
                                  Departemen                        2023 - Online
                                  KM: Media Collaboration
                                  Between Business
                                  Development & Marketing
                                  Department
4     Akbar       Audit - Staff   KM : Penambahan Fitur             17 April 2023        PT Maybank
      Septiyani                   Upgrade Asuransi pada Menu        - Daring             Indonesia Finance
                                  Aksesku                           April 17, 2023 -
                                  KM: Addition of Insurance         Online
                                  Upgrade Feature on My
                                  Access Menu
                                  KM : Penggunaan Fitur             04 Juli 2023         PT Maybank
                                  Whatsapp Sebagai Media            - Daring             Indonesia Finance
                                  Informasi                         July 4, 2023 -
                                  KM: Use of Whatsapp Feature       Online
                                  as Information Media
                                  KM : Survey Kepuasan Debitur      26 September         PT Maybank
                                  KM: Debtor Satisfaction Survey    2023 - Daring        Indonesia Finance
                                                                    September 26,
                                                                    2023 - Online
                                  KM : Media Kolaborasi Antara      22 Desember          PT Maybank
                                  Business Development              2023 - Daring        Indonesia Finance
                                  Departemen & Marketing            December 22,
                                  Departemen                        2023 - Online
                                  KM: Collaboration Media
                                  between Business
                                  Development Department &
                                  Marketing Department


5     Andri       Audit Staff -   KM : Sosialisasi E-learning       20 Januari           PT Maybank
      Virano      Operasional     Gamification City Car             2023 - Daring        Indonesia Finance
                                  KM: Socialization of E-learning   January 20,
                                  Gamification City Car             2023 - Online


                                  Workshop Program Inovasi          Maret -              PT Mitra Cipta Talenta
                                  Innovation Program Workshop       November
                                                                    2023 - Daring
                                                                    March -
                                                                    November 2023
                                                                    and Online




                                                                                                                  233
Page 234
                                                                                    Tanggal dan
                                                                                       Tempat
               Nama                    Jabatan              Pelatihan                                  Penyelenggara
      No.                                                                             Pelatihan
               Name                    Position              Training                                    Organizer
                                                                                    Training Date
                                                                                      and Place

                                                  Training Teamwork & Character 02 Maret 2023       PT Maybank
                                                  Building for Employee         - Luring            Indonesia Finance
                                                                                March 2, 2023
                                                                                and Offline
                                                  KM : Menjadi Manusia yang        24 Maret 2023    PT Maybank
                                                  Proaktif                         - Daring         Indonesia Finance
                                                  KM: Being a Proactive Human      March 24, 2023
                                                                                   and Online
                                                  KM : Penambahan Fitur            17 April 2023    PT Maybank
                                                  Upgrade Asuransi pada Menu       - Daring         Indonesia Finance
                                                  Aksesku                          April 17, 2023
                                                  KM: Addition of Insurance        and Online
                                                  Upgrade Feature on My
                                                  Access Menu
                                                  KM : Penggunaan Fitur            04 Juli 2023     PT Maybank
                                                  Whatsapp Sebagai Media           - Daring         Indonesia Finance
                                                  Informasi                        July 4, 2023
                                                  KM: Use of Whatsapp Feature      and Online
                                                  as Information Media
                                                  KM : Pembuatan Platform          25 Agustus       PT Maybank
                                                  Portal Pengaduan Konsumen        2023 - Daring    Indonesia Finance
                                                  PT Maybank Indonesia Finance     August 25,
                                                  Creation of PT Maybank           2023 and
                                                  Indonesia Finance Consumer       Online
                                                  Complaint Portal Platform
                                                  KM : Survey Kepuasan Debitur     26 September     PT Maybank
                                                  KM : Debtor Satisfaction         2023 - Daring    Indonesia Finance
                                                  Survey                           September 26,
                                                                                   2023 and
                                                                                   Online
                                                  KM : Ide untuk Sistem            25 Oktober       PT Maybank
                                                  Pencatatan Pembayaran            2023 - Daring    Indonesia Finance
                                                  Secara Otomatis                  October 25,
                                                  KM : Idea for Automated          2023 and
                                                  Payment Recording System         Online
                                                  KM : Media Kolaborasi Antara     22 Desember      PT Maybank
                                                  Business Development             2023 - Daring    Indonesia Finance
                                                  Departemen & Marketing           December 22,
                                                  Departemen                       2023 and
                                                  KM : Collaboration Media         Online
                                                  Between Business
                                                  Development Department &
                                                  Marketing Department
      6     Chana              Information &      Pelatihan Audit Teknologi        28 Oktober       Dilatih.insight
            Septiari           Communication      Informasi Bersertifikat          2023 - Daring    Trained by insight
            Oelung             Technology Audit   Training Certified Information   October 28,
                               - Staff            Technology Audit                 2023 - Online




234       2023 Laporan Tahunan
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                                                                                             Good Corporate Governance




                                                                         Tanggal dan
                                                                            Tempat
         Nama         Jabatan                     Pelatihan                                     Penyelenggara
No.                                                                        Pelatihan
         Name         Position                     Training                                       Organizer
                                                                         Training Date
                                                                           and Place

                                      KM : Media Kolaborasi Antara      22 Desember          PT Maybank
                                      Departemen Pengembangan           2023 – Daring        Indonesia Finance
                                      Bisnis & Departemen               December 22,
                                      Pemasaran                         2023 - Online
                                      KM: Collaboration Media
                                      Between the Business
                                      Development Department &
                                      Marketing Department
7     Eko Sigit   Quality Assurance   KM : Sosialisasi E-learning       20 Januari           PT Maybank
      Santoso     & Methodology       Gamification City Car             2023 - Daring        Indonesia Finance
                  Audit - Staff       KM: Socialization of E-learning   January 20,
                                      Gamification City Car             2023 - Online


                                      Webinar Implementasi              2 Februari 2023      Otoritas Jasa
                                      Artificial Intelligence (AI) di   - Daring             Keuangan (OJK)
                                      Industri Jasa Keuangan            February 2,          Financial Services
                                      Webinar on the                    2023 - Online        Authority (OJK)
                                      Implementation of Artificial
                                      Intelligence (AI) in the
                                      Financial Services Industry
                                      Training Teamwork &               02 Maret 2023        PT Maybank
                                      Character Building for            - Luring             Indonesia Finance
                                      Employee                          (Jakarta)
                                      Teamwork & Character              March 2, 2023
                                      Building Training for             - Offline
                                      Employees                         (Jakarta)
                                      KM : Menjadi Manusia yang         24 Maret 2023        PT Maybank
                                      Proaktif                          - Daring             Indonesia Finance
                                      KM: Being a Proactive Human       March 24, 2023
                                                                        - Online
                                      KM : Penambahan Fitur             17 April 2023        PT Maybank
                                      Upgrade Asuransi pada Menu        - Daring             Indonesia Finance
                                      Aksesku                           April 17, 2023 -
                                      KM: Addition of Insurance         Online
                                      Upgrade Feature on My
                                      Access Menu
                                      KM : Penggunaan Fitur             04 Juli 2023         PT Maybank
                                      Whatsapp Sebagai Media            - Daring             Indonesia Finance
                                      Informasi                         July 4, 2023 -
                                      KM : Use of Whatsapp Feature      Online
                                      as Information Media
                                      Mini Workshop : Certified         12 Agustus           Dilatih.insight
                                      Internal Audit Professional       2023 - Daring        Trained by insight
                                      Mini Workshop: Certified          August 12, 2023
                                      Internal Audit Professional       - Online
                                      KM : Pembuatan Platform           25 Agustus           PT Maybank
                                      Portal Pengaduan Konsumen         2023 - Daring        Indonesia Finance
                                      PT Maybank Indonesia Finance      August 25,
                                      KM: PT Maybank Indonesia          2023 - Online
                                      Finance Consumer Complaint
                                      Portal Platform Creation




                                                                                                                     235
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                                                                                 Tanggal dan
                                                                                    Tempat
               Nama                 Jabatan              Pelatihan                                    Penyelenggara
      No.                                                                          Pelatihan
               Name                 Position              Training                                      Organizer
                                                                                 Training Date
                                                                                   and Place

                                               KM : Media Kolaborasi Antara     22 Desember        PT Maybank
                                               Business Development             2023 – Daring      Indonesia Finance
                                               Departemen & Marketing           December 22,
                                               Departemen                       2023 - Online
                                               KM : Media Collaboration
                                               between Business
                                               Development Department &
                                               Marketing Department
      8     Martinus        Audit - Staff      Pelatihan Akuntansi Nasional     20 Mei 2023 -      Unlock
            Dikken A.D                         Efektif Teknik Untuk Internal    Daring
                                               Audit                            May 20, 2023 -
                                               National Accounting Training     Online
                                               Effective Techniques for
                                               Internal Audit
                                               KM : Penambahan Fitur            17 April 2023      PT Maybank
                                               Upgrade Asuransi pada Menu       - Daring           Indonesia Finance
                                               Aksesku                          April 17, 2023 -
                                               KM: Addition of Insurance        Online
                                               Upgrade Feature on My
                                               Access Menu
                                               KM : Pembuatan Platform          25 Agustus         PT Maybank
                                               Portal Pengaduan Konsumen        2023 - Daring      Indonesia Finance
                                               PT Maybank Indonesia Finance     August 25,
                                               KM: Creation of PT Maybank       2023 - Online
                                               Indonesia Finance Consumer
                                               Complaint Portal Platform
                                               KM : Survey Kepuasan Debitur     26 September       PT Maybank
                                               KM: Debtor Satisfaction Survey   2023 - Daring      Indonesia Finance
                                                                                September 26,
                                                                                2023 - Online


                                               KM : Ide untuk Sistem            25 Oktober         PT Maybank
                                               Pencatatan Pembayaran            2023 - Daring      Indonesia Finance
                                               Secara Otomatis                  October 25,
                                               KM : Idea for Automated          2023 - Online
                                               Payment Recording System
                                               KM : Media Kolaborasi Antara     22 Desember        PT Maybank
                                               Business Development             2023 – Daring      Indonesia Finance
                                               Departemen & Marketing           December 22,
                                               Departemen                       2023 - Online
                                               KM : Collaboration Media
                                               Between Business
                                               Development Department &
                                               Marketing Department
      9     Mochamad        Audit - Staff      KM : Pembuatan Platform          25 Agustus         PT Maybank
            Argham                             Portal Pengaduan Konsumen        2023 - Daring      Indonesia Finance
            Haiqhal                            PT Maybank Indonesia Finance     August 25,
                                               KM: Creation of PT Maybank       2023 - Online
                                               Indonesia Finance Consumer
                                               Complaint Portal Platform
                                               KM : Survey Kepuasan Debitur     26 September       PT Maybank
                                               KM: Debtor Satisfaction Survey   2023 - Daring      Indonesia Finance
                                                                                September 26,
                                                                                2023 - Online




236       2023 Laporan Tahunan
                    Annual Report
Page 237
                                                                                         Tata Kelola Perusahaan
                                                                                           Good Corporate Governance




                                                                       Tanggal dan
                                                                          Tempat
         Nama            Jabatan              Pelatihan                                       Penyelenggara
No.                                                                      Pelatihan
         Name            Position              Training                                         Organizer
                                                                       Training Date
                                                                         and Place

                                    KM : Media Kolaborasi Antara      22 Desember          PT Maybank
                                    Business Development              2023 – Daring        Indonesia Finance
                                    Departemen & Marketing            December 22,
                                    Departemen                        2023 - Online
                                    KM: Collaboration Media
                                    between Business
                                    Development Department &
                                    Marketing Department
10    Muchdar       Audit - Staff   KM : Sosialisasi E-learning       20 Januari           PT Maybank
      Rafif Asrul                   Gamification City Car             2023 - Daring        Indonesia Finance
      MA                            KM: Socialization of E-learning   January 20,
                                    Gamification City Car             2023 - Online


                                    Training Teamwork & Character 02 Maret 2023            PT Maybank
                                    Building for Employee         - Luring                 Indonesia Finance
                                                                  March 2, 2023
                                                                  and Offline
                                    KM : Menjadi Manusia yang         24 Maret 2023        PT Maybank
                                    Proaktif                          - Daring             Indonesia Finance
                                    KM: Being a Proactive Human       March 24, 2023
                                                                      and Online
                                    KM : Penambahan Fitur             17 April 2023        PT Maybank
                                    Upgrade Asuransi pada Menu        - Daring             Indonesia Finance
                                    Aksesku                           April 17, 2023 -
                                    KM: Addition of Insurance         Online
                                    Upgrade Feature on My
                                    Access Menu
                                    KM : Penggunaan Fitur             04 Juli 2023         PT Maybank
                                    Whatsapp Sebagai Media            - Daring             Indonesia Finance
                                    Informasi                         July 4, 2023
                                    KM: Use of Whatsapp Feature       and Online
                                    as Information Media
                                    KM : Pembuatan Platform           25 Agustus           PT Maybank
                                    Portal Pengaduan Konsumen         2023 - Daring        Indonesia Finance
                                    PT Maybank Indonesia Finance      August 25,
                                    KM: Creation of PT Maybank        2023 - Online
                                    Indonesia Finance Consumer
                                    Complaint Portal Platform
                                    KM : Survey Kepuasan Debitur      26 September         PT Maybank
                                    KM: Debtor Satisfaction Survey    2023 - Daring        Indonesia Finance
                                                                      September 26,
                                                                      2023 - Online
                                    KM : Media Kolaborasi Antara      22 Desember          PT Maybank
                                    Business Development              2023 – Daring        Indonesia Finance
                                    Departemen & Marketing            December 22,
                                    Departemen                        2023 - Online
                                    KM : Media Collaboration
                                    between Business
                                    Development Department &
                                    Marketing Department




                                                                                                                   237
Page 238
                                                                                   Tanggal dan
                                                                                      Tempat
                Nama                 Jabatan              Pelatihan                                     Penyelenggara
      No.                                                                            Pelatihan
                Name                 Position              Training                                       Organizer
                                                                                   Training Date
                                                                                     and Place

      11     Mulia Andre     Audit - Staff      KM : Sosialisasi E-learning       20 Januari         PT Maybank
                                                Gamification City Car             2023 - Daring      Indonesia Finance
                                                KM: Socialization of E-learning   January 20,
                                                Gamification City Car             2023 - Online


                                                Training Teamwork & Character 02 Maret 2023          PT Maybank
                                                Building for Employee         - Luring               Indonesia Finance
                                                                              March 2, 2023
                                                                              and Offline
                                                Workshop Program Inovasi          Maret -            PT Mitra Cipta Talenta
                                                Innovation Program Workshop       November
                                                                                  2023 - Daring
                                                                                  March -
                                                                                  November 2023
                                                                                  and Online
                                                KM : Penambahan Fitur             17 April 2023      PT Maybank
                                                Upgrade Asuransi pada Menu        - Daring           Indonesia Finance
                                                Aksesku                           April 17, 2023 -
                                                KM: Addition of Insurance         Online
                                                Upgrade Feature on My
                                                Access Menu
                                                KM : Penggunaan Fitur             04 Juli 2023       PT Maybank
                                                Whatsapp Sebagai Media            - Daring           Indonesia Finance
                                                Informasi                         July 4, 2023
                                                KM: Use of Whatsapp Feature       and Online
                                                as Information Media
                                                KM : Pembuatan Platform           25 Agustus         PT Maybank
                                                Portal Pengaduan Konsumen         2023 - Daring      Indonesia Finance
                                                PT Maybank Indonesia Finance      August 25,
                                                KM: Creation of PT Maybank        2023 - Online
                                                Indonesia Finance Consumer
                                                Complaint Portal Platform
                                                KM : Survey Kepuasan Debitur      26 September       PT Maybank
                                                KM: Debtor Satisfaction Survey    2023 - Daring      Indonesia Finance
                                                                                  September 26,
                                                                                  2023 - Online
                                                KM : Media Kolaborasi Antara      22 Desember        PT Maybank
                                                Business Development              2023 – Daring      Indonesia Finance
                                                Departemen & Marketing            December 22,
                                                Departemen                        2023 - Online
                                                KM : Media Collaboration
                                                between Business
                                                Development Department &
                                                Marketing Department




238        2023 Laporan Tahunan
                     Annual Report
Page 239
                                                                                           Tata Kelola Perusahaan
                                                                                              Good Corporate Governance




Sistem Pengendalian Internal
Internal Control System

Sistem Pengendalian Internal (SPI) merupakan salah         The Internal Control System (SPI) is one of the
satu komponen GCG yang menjadi dasar bagi kegiatan         components of GCG that forms the basis for the
operasional Perseroan yang sehat dan aman. Kegiatan        Company’s healthy and safe operational activities. This
SPI ini berfokus pada aspek-aspek keandalan pelaporan      SPI activity focuses on aspects of the reliability of
keuangan, operasional, ketaatan terhadap peraturan         financial reporting, operations, compliance with laws
perundang-undangan, dan efektivitas penerapan              and regulations, and the effectiveness of the
kebijakan manajemen Perseroan.                             implementation of the Company’s management policies.

Dalam pelaksanaannya, kegiatan SPI Perseroan               In its implementation, the Company’s SPI activities
melibatkan semua pihak mulai dari Dewan Komisaris,         involve all parties starting from the Board of
Direksi, Unit Audit Internal, seluruh jajaran manajemen,   Commissioners, the Board of Directors, the Internal
dan pihak eksternal lain yang berkepentingan, di           Audit Unit, all levels of management, and other external
mana seluruh aktivitas menjadi tanggung jawab              stakeholders, where all activities are the responsibility
Direksi.                                                   of the Board of Directors.

SPI didukung oleh seperangkat Standard Operating           SPI is supported by a set of Standard Operating
Procedure (SOP) yang akan terus disempurnakan              Procedures (SOP) which will continue to be refined
mengikuti perkembangan operasional melalui hal-hal         following operational developments through the
sebagai berikut:                                           following matters:
   1. Kecukupan kebijakan dan prosedur;                        1. Adequacy of policies and procedures;
   2. Rekrutmen personel yang kompeten;                        2. Recruitment of competent personnel;
   3. Penyerahan tanggung jawab;                               3. Surender of accountability;
   4. Pemisahan tanggung jawab untuk aktivitas                 4. Separation of responsibility for related activities;
       terkait; dan                                               and
   5. Pemisahan fungsi akuntansi, penyimpanan                  5. Separation of accounting, asset storage, and
       aset, serta operasional.                                   operational functions.

KESESUAIAN SISTEM PENGENDALIAN                             CONFORMITY OF THE INTERNAL
INTERNAL DENGAN KERANGKA                                   CONTROL SYSTEM WITH THE FRAMEWORK
COMMITTEE OF SPONSORING                                    OF COMMITTEE OF SPONSORING
ORGANIZATION OF TREADWAY                                   ORGANIZATION OF TREADWAY
COMMISSION (COSO)                                          COMMISSION (COSO)

Perseroan telah menyesuaikan dan mengembangkan             The Company has developed an internal control
sistem pengendalian internal dengan kerangka yang          system in conformity with a framework published by
diterbitkan oleh Committee of Sponsoring Organization      the Committee of Sponsoring Organizations on
on Treadway Commission (COSO). Kerangka tersebut           Treadway Commission (COSO). The framework
meliputi:                                                  includes:
    1. Lingkungan Pengendalian                                 1. Control Environment
       Lingkungan pengendalian perusahaan mencakup                The Company’s control environment includes
       sikap manajemen dan karyawan terhadap                      the attitudes of management and employees
       pentingnya pengendalian yang ada di lingkungan             regarding the importance of control in the
       perusahaan. Terdapat beberapa faktor yang                  Company. There are many factors that can
       dapat mempengaruhi lingkungan pengendalian,                influence the control environment, such as the
       yaitu nilai yang dibentuk manajemen, gaya                  value established by the management, style
       operasi manajemen, struktur organisasi, dan                of management operations, organizational
       praktik kepersonaliaan. Pentingnya lingkungan              structure, and personnel practices. The
       pengendalian menjadi sebuah pondasi dalam                  importance of the control environment becomes
       membentuk keefektifan unsur-unsur                          a foundation in establishing the effectiveness
       pengendalian internal. Perseroan telah                     of the elements of internal control. The Company
       menyusun kerangka dasar yang kokoh melalui                 has established a solid basic framework through
       nilai-nilai yang disusun secara konsisten yang




                                                                                                                     239
Page 240
         meliputi:                                                 consistently compiled values, which include:


                Nilai-Nilai Perusahaan                                         Lingkungan Pengendali Internal
                   Company Values                                                Internal Control Environment


                                                                           •   Behavior
        •   Team Work                                                      •   Integrity
        •   Integrity                                                      •   Improvement
        •   Growth                                                         •   Aware
        •   Excellence & Efficiency
        •   Relationship Building




      2. Pengendalian Risiko dilaksanakan dengan                2. Risk control is managed by implementing a
         diterapkannya sistem manajemen risiko di                  risk management system in the Company to
         Perseroan untuk meminimalisir dampak dari                 minimize the impact of risks related to
         risiko yang berkaitan dengan kegiatan                     operational activities. This risk management
         operasional. Sistem manajemen risiko ini juga             system also involves many parties in identifying,
         melibatkan banyak pihak dalam mengidentifikasi,           analyzing and assessing relevant risk
         menganalisis dan menilai pengelolaan risiko               management, either internal or external to the
         yang relevan, baik internal maupun eksternal              Company.
         Perseroan.
      3. Aktivitas Pengendalian dilaksanakan di setiap          3. Control Activities is carried out at every level
         tingkatan serta semua unit struktur organisasi            as well as all units of the Company’s
         Perseroan. Hal tersebut diterapkan dengan                 organizational structure. This is implemented
         mengatur kewenangan, otoritas, penilaian                  by regulating the power, authority, work
         kerja, pembagian tugas yang jelas dan                     evaluation, clear distribution of duties and
         pengamanan terhadap aset Perseroan.                       security of the Company assets.
      4. Informasi dan Komunikasi Perseroan menyusun            4. Information and Communication The Company
         laporan yang berhubungan dengan kegiatan                  compiles reports relating to operational,
         operasional, finansial, serta pemenuhan atas              financial, and compliance with applicable laws
         kepatuhan perundang-undangan yang berlaku                 in a timely, accurate, clear, and objective manner.
         secara tepat waktu, akurat, jelas, dan objektif.
      5. Pemantauan dilakukan secara berkala, salah             5. Monitoring is conducted regularly, one of which
         satunya pemantauan terhadap pelaksanaan                   is monitoring the implementation of the audit
         fungsi audit pada setiap unit untuk                       function in each unit to develop and improve
         mengembangkan dan meningkatkan                            internal control later.
         pengendalian internal ke depannya.

  EVALUASI DAN KECUKUPAN SISTEM                              EVALUATION AND ADEQUACY OF THE
  PENGENDALIAN INTERNAL                                      INTERNAL CONTROL SYSTEM
  Evaluasi atas SPI di lingkungan Perseroan dilakukan        Evaluation of Internal Control System (SPI) within
  oleh Unit Audit Internal yang selanjutnya hasil tersebut   the Company is carried out by the Internal Audit Unit
  akan dieskalasi ke Direksi. Direksi menilai SPI yang       which the results will be escalated to the Board of
  dilakukan oleh Perseroan telah berjalan baik dan           Directors. The Board of Directors considers that SPI
  cukup. Namun, Perseroan akan tetap melakukan               conducted by the Company has been running well
  pengembangan, evaluasi dan perbaikan yang dilakukan        and adequate. However, the Company will continue
  secara terus-menerus agar lebih optimal.                   to develop, evaluate, and improve continuously to be
                                                             more optimal.




240    2023 Laporan Tahunan
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                                                                                                Tata Kelola Perusahaan
                                                                                                   Good Corporate Governance




Sistem Manajemen Risiko
Risk Management System

Dalam menjalankan kegiatan usaha, Perseroan                  In conducting its business operations, the Company
menyadari bahwa risiko merupakan bagian yang                 realizes that risk is an inseparable part of every
tidak terpisahkan dari setiap kegiatan operasional           operational activity and can affect business results
dan dapat mempengaruhi hasil usaha serta kinerja             and the Company’s performance. Therefore, the
Perseroan. Dengan demikian, Perseroan telah memiliki         Company has a Guideline relating to Risk Management
Pedoman terkait Kebijakan Manajemen Risiko No.               Policy No. SE.2015.047/PREDI-BIIFC date August 24,
SE.2015.047/PREDI-BIIFC tanggal 24 Agustus 2015              2015 which was updated in 2021 as shown in Risk
yang diperbaharui pada tahun 2021 di SOP Kerangka            Management Framework SOP.
Kerja Manajemen Risiko.

RISIKO YANG DIHADAPI PERSEROAN                               RISKS FACED BY THE COMPANY
Perseroan telah mengidentifikasi risiko utama sebagai        The Company has identified key risks as a financing
perusahaan pembiayaan berdasarkan Peraturan                  company based on the Regulation of Financial Services
Otoritas Jasa Keuangan No.44/POJK.05/2020 tentang            Authority No.44/POJK.05/2020 on Risk Level
Penerapan Manajemen Risiko bagi Lembaga Jasa                 Assessment of Non-Bank Financial Services Institutions
Keuangan Non-Bank (LJKNB). Adapun risiko-risiko              (NBFI). Risks of the Company include:
yang dimiliki Perseroan meliputi:



      Jenis Risiko               Definisi Risiko                                    Mitigasi Risiko
      Type of Risk              Definition of Risk                                  Risk Mitigation

 Risiko Strategis       Risiko akibat ketidaktepatan dalam    Menyeimbangkan risiko dan pendapatan dengan
 Strategic Risk         pengambilan dan/atau pelaksanaan      mempertimbangkan posisi strategis Perseroan, perubahan
                        suatu keputusan strategis serta       kondisi pasar, regulasi, dan lingkungan bisnis.
                        kegagalan dalam mengantisipasi
                        perubahan lingkungan bisnis.          Balancing risk and income by considering the Company’s
                                                              strategic position, changes in market conditions, regulations,
                        Risk due to inaccuracy in making      and the business environment.
                        and/or implementing a strategic
                        decision as well as failure to
                        anticipate changes in the business
                        environment.
 Risiko Operasional     Risiko akibat ketidakcukupan dan/ a. Meningkatkan kesadaran akan risiko dari seluruh
 Operational Risk       atau tidak berfungsinya proses         jajaran organisasi dan terus memperkuat pengendalian
                        internal, kesalahan manusia,           internal;
                        kegagalan sistem, dan/atau adanya b. Mengimplementasikan perangkat manajemen risiko
                        kejadian eksternal yang                operasional yang berbasiskan sistem teknologi
                        mempengaruhi operasional LJKNB.        informasi; dan
                                                            c. Memperbaharui kebijakan Business Continuity
                        Risks due to inadequate and/or         Management (BCM) dan secara rutin melakukan
                        non-functioning internal processes,    simulasi penanggulangan krisis dan pemulihannya.
                        human error, system failure, and/
                        or external events that affect NBFI a. Increase awareness of risks from all levels of the
                        operations.                            organization and continue to strengthen internal
                                                               control;
                                                            b. Implement operational risk management tools based
                                                               on information technology systems; and
                                                            c. Update the Business Continuity Management (BCM)
                                                               policy and regularly conduct crisis management and
                                                               recovery simulations.




                                                                                                                               241
Page 242
           Jenis Risiko                    Definisi Risiko                                   Mitigasi Risiko
           Type of Risk                   Definition of Risk                                 Risk Mitigation

      Risiko Kredit               Risiko akibat kegagalan pihak lain a. Menerapkan penetapan suku bunga kredit dan
      Credit Risk                 dalam memenuhi kewajiban kepada         memastikan bahwa atas risiko gagal bayar yang tidak
                                  LJKNB.                                  diperhitungkan Perseroan telah dibentuk pencadangan
                                  Risk due to failure of other parties    yang cukup;
                                  to fulfill obligations to NBFIs.     b. Membagi ke dalam 2 segmen, yaitu segmen ritel dan
                                                                          segmen korporasi. Untuk segmen ritel, Perseroan
                                                                          telah membentuk credit scoring untuk menilai kualitas
                                                                          kredit dari debitur sehingga dapat dijadikan dasar
                                                                          membuat keputusan kredit. Sedangkan, untuk segmen
                                                                          korporasi, Perseroan lebih menekankan kepada
                                                                          kemampuan dan kualitas analisis kredit;
                                                                       c. Perseroan menjalin kemitraan strategis dengan berbagai
                                                                          perusahaan penyedia data sehingga memungkinkan
                                                                          perusahaan secara efisien memvalidasi dan
                                                                          memverifikasi informasi yang diperoleh, sehingga
                                                                          memastikan keakuratan dan ketepatan dalam proses
                                                                          pengambilan keputusan kredit.
                                                                       d. Perseroan melakukan manajemen portofolio kredit.

                                                                       a. Implement the determination of credit interest rates
                                                                          and ensure that for the risk of default that is not taken
                                                                          into account, the Company has established sufficient
                                                                          reserves;
                                                                       b. Divided into 2 segments, namely the retail segment
                                                                          and the corporate segment. For the retail segment,
                                                                          the Company has established a credit scoring system
                                                                          to assess the credit quality of debtors so that it can
                                                                          be used as the basis for making credit decisions.
                                                                          Meanwhile, for the corporate segment, the Company
                                                                          places more emphasis on the ability and quality of
                                                                          credit analysis;
                                                                       c. The Company has established strategic partnerships
                                                                          with various data providers that enable the Company
                                                                          to efficiently validate and verify the information
                                                                          obtained, thus ensuring accuracy and precision in the
                                                                          credit decision-making process.
                                                                       d. The Company carries out credit portfolio management.
      Risiko Pasar                Risiko pada posisi aset, liabilitas, a. Perseroan secara proaktif melakukan pemantauan
      Market Risk                 ekuitas, dan/atau rekening                 portofolio/eksposur risiko pasar sesuai dengan
                                  administratif termasuk transaksi           kebijakan dan limit risiko yang ada, serta selalu
                                  derivatif akibat perubahan secara          mewaspadai pengambilan risiko di luar kebijakan
                                  keseluruhan dari kondisi pasar.            yang telah ditetapkan;
                                                                          b. Pemahaman yang baik atas kondisi pasar dan ekonomi
                                  Risks in the position of assets,           makro terkini terus dilakukan oleh Perseroan;
                                  liabilities, equity, and/or off balance c. Perseroan harus beroperasi sesuai dengan risk appetite
                                  sheet including derivative                 yang telah ditetapkan untuk memperoleh pendapatan,
                                  transactions due to changes in             target modal, dan memenuhi tujuan bisnis secara
                                  overall market conditions.                 keseluruhan; dan
                                                                          d. Perseroan selalu menerapkan prinsip cost-benefit
                                                                             atas pengendalian risiko pasar.

                                                                       a. The Company proactively monitors portfolio/market
                                                                          risk exposure in accordance with existing risk policies
                                                                          and limits, and is always wary of taking risks outside
                                                                          the established policies;
                                                                       b. A good understanding of the current market and
                                                                          macroeconomic conditions continues to be carried
                                                                          out by the Company;
                                                                       c. The Company must operate in accordance with the
                                                                          established risk appetite to obtain revenue, capital
                                                                          targets, and meet overall business objectives; and
                                                                       d. The Company always applies the cost-benefit principle
                                                                          to market risk control.




242       2023 Laporan Tahunan
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                                                                                               Tata Kelola Perusahaan
                                                                                                  Good Corporate Governance




      Jenis Risiko             Definisi Risiko                                     Mitigasi Risiko
      Type of Risk            Definition of Risk                                   Risk Mitigation

Risiko Likuiditas    Risiko akibat ketidakmampuan a. Perseroan terus menjaga komposisi aset dan liabilitas
Liquidity Risk       LJKNB untuk memenuhi liabilitas        jangka pendek dalam rasio yang manageable;
                     yang jatuh tempo dari sumber b. Untuk memastikan kebutuhan pendanaan Perseroan
                     pendanaan arus kas dan/atau dari       pada situasi normal maupun krisis terpenuhi, Perseroan
                     aset likuid yang dapat dengan          terus menjaga reputasi agar selalu baik untuk
                     mudah dikonversi menjadi kas,          mempertahankan sumber pendanaan. Selain itu
                     tanpa mengganggu aktivitas dan         Perseroan juga secara aktif melakukan analisis terhadap
                     kondisi keuangan LJKNB.                kesesuaian aset dan liabilitas, proyeksi arus kas, dan
                                                            melakukan stress test;
                     Risk due to the inability of NBFIs c. Perseroan terus menjaga angka Gearing ratio di angka
                     to meet maturing liabilities from      yang terkendali.
                     cash flow funding sources and/or
                     from liquid assets which can be a. The Company continues to maintain the composition
                     easily converted into cash, without    of short-term assets and liabilities in a manageable
                     disturbing the activities and          ratio;
                     financial condition of NBFIs.       b. Ensure that the Company's funding needs in normal
                                                            and crisis situations are met, the Company continues
                                                            to maintain a good reputation for maintaining funding
                                                            sources. In addition, the Company also actively conducts
                                                            an analysis of the suitability of assets and liabilities,
                                                            cash flow projections, and conducts stress tests;
                                                         c. The company continues to maintain the gearing ratio
                                                            at a controlled number.
Risiko Hukum         Risiko akibat tuntutan hukum dan/ a. Satuan kerja bidang hukum (Legal department) secara
Legal Risk           atau kelemahan aspek hukum.          berkala melakukan review terhadap kontrak dan
                     Risks due to lawsuits and/or         perjanjian antara Perseroan dengan pihak lain;
                     weaknesses in legal aspects.      b. Perseroan juga memastikan telah menggunakan
                                                          standar perjanjian yang telah sesuai dengan ketentuan
                                                          peraturan perundang-undangan atau best practice;
                                                       c. Perseroan selalu memastikan tidak terdapatnya
                                                          kelemahan dalam perikatan atau kerja sama yang
                                                          dibuat.

                                                            a. The legal department (Legal department) periodically
                                                               reviews contracts and agreements between the
                                                               Company and other parties;
                                                            b. The Company also ensures that it has used standard
                                                               agreements that are in accordance with the provisions
                                                               of laws and regulations or best practice;
                                                            c. The Company always ensures that there are no
                                                               weaknesses in the engagement or cooperation made.
Risiko Kepatuhan     Risiko akibat LJKNB tidak a. Perseroan selalu mengkomunikasikan kebijakan dan
Compliance Risk      m e m a t u h i d a n /a t a u t i d a k    SOP kepada seluruh karyawan secara tepat waktu;
                     melaksanakan            p e ra t u ra n b. Perseroan memastikan efektivitas dan independensi
                     perundang-undangan                 dan      fungsi Audit dan Satuan Kerja Manajemen Risiko;
                     ketentuan yang berlaku bagi c. Perseroan selalu menjaga agar tidak terdapat
                     Perusahaan.                                 pelanggaran terhadap ketentuan Regulator, yaitu
                                                                 dengan secara berkala melakukan compliance testing.
                     Risks due to NBFIs not complying
                     with and/or not implementing the a. The Company always communicates policies and SOPs
                     laws and regulations that apply to          to all employees in a timely manner;
                     the Company.                             b. The Company ensures the effectiveness and
                                                                 independence of the Audit function and the Risk
                                                                 Management Work Unit;
                                                              c. The Company always ensures that there are no violations
                                                                 of the provisions of the Regulator, namely by periodically
                                                                 conducting compliance testing.




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         Jenis Risiko                   Definisi Risiko                              Mitigasi Risiko
         Type of Risk                  Definition of Risk                            Risk Mitigation

  Risiko Reputasi               Risiko akibat menurunnya tingkat a. Perseroan selalu mengingatkan agar seluruh
  Reputation Risk               kepercayaan pemangku                karyawan selalu patuh terhadap ketentuan yang
                                kepentingan yang bersumber dari     berlaku;
                                persepsi negatif terhadap LJKNB. b. Setiap keluhan debitur dan gugatan hukum yang
                                                                    dapat meningkatkan eksposur risiko reputasi,
                                Risk due to decreased level         Perseroan segera mengatasinya dan selalu
                                stakeholder trust that comes from   mengedepankan komunikasi secara
                                perceptions negative for NBFIs.     berkesinambungan dan melakukan perundingan
                                                                    bilateral dengan debitur atau counterparty untuk
                                                                    menghindari litigasi dan tuntutan hukum.

                                                                 a. The Company always reminds all employees to always
                                                                    comply with applicable regulations;
                                                                 b. Any debtor complaints and lawsuits that can increase
                                                                    reputation risk exposure, the Company immediately
                                                                    resolves them and always prioritizes continuous
                                                                    communication and conducts bilateral negotiations
                                                                    with debtors or counterparties to avoid litigation and
                                                                    lawsuits.


  PENERAPAN MANAJEMEN RISIKO                                    IMPLEMENTATION OF RISK MANAGEMENT
  Berdasarkan Peraturan Otoritas Jasa Keuangan                  Based on the Regulation of Financial Services Authority
  No.44/POJK.05/2020 tentang Penerapan Manajemen                No.44/ POJK.05/2020 on the Implementation of Risk
  Risiko bagi Lembaga Jasa Keuangan Non-Bank,                   Management for Non- Bank Financial Services
  terdapat beberapa aspek penerapan manajemen                   Institutions, there are several aspects in applying risk
  risiko sebagai berikut:                                       management as follows:
      1. Pengawasan Aktif Dewan Komisaris dan Direksi               1. Active Supervision of the Boards of
         Dewan Komisaris, Direksi, dan Dewan Pengawas                  Commissioners and Board of Directors
         Syariah memastikan Perseroan menerapkan                       The Boards of Commissioners, Board of
         tata kelola perusahaan yang baik dengan                       Directors, and Sharia Supervisory Board ensure
         melakukan evaluasi sistem manajemen risiko                    that the Company implements good corporate
         secara berkala.                                               governance by periodically evaluating the risk
                                                                       management system.
      2. Kecukupan Kebijakan, Prosedur, dan Penetapan               2. Adequacy in Policies, Procedures, and
         Limit Risiko                                                  Determination of Risk Limit
         Perseroan telah memiliki kebijakan dan prosedur               The Company has policies and procedures for
         dari kegiatan operasional, yang dilakukan yang                operational activities performed in the form
         tertuang dalam bentuk standar operasional                     of standard operating procedures (SOP),
         prosedur (SOP), surat edaran (SE), dan Product                circulars (SE), and Product Development
         Development Assesment (PDA). Kebijakan dan                    Assesment (PDA). Those policies and procedures
         prosedur tersebut merupakan bentuk dari risk                  are a form of risk appetite, risk tolerance, and
         appetite, risk tolerance, dan bentuk limit risiko             a form of Company risk limit.
         perusahaan.
      3. Kecukupan Proses Identifikasi, Pengukuran,                3. Adequacy of the Risk Identification,
         Pengendalian Risiko, dan Pemantauan                          Measurement, Control, and Monitoring
         Dalam mengelola jenis risiko, Perseroan                      In managing this type of risk, the Company
         memastikan proses identifikasi, pengukuran,                  ensures that the process of identifying,
         pengendalian, dan pemantauan risiko dilakukan                measuring, controlling, and monitoring risks
         secara proaktif dan berkesinambungan dengan                  is conducted proactively and continuously with
         tujuan untuk:                                                the aim to:
         a. Mengenali risiko;                                         a. Recognize risks;
         b. Menilai risiko;                                           b. Assess risks;




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   c. Melakukan identifikasi kontrol yang telah          c. Identify existing controls; and
       ada; dan
   d. Menilai risiko yang tersisa, sehingga apabila      d. Assess the remaining risks, so that if there
       masih ada risiko yang tersisa dengan hasil            are still risks remaining with the measurement
       pengukuran masuk kategori menengah dan                results included in the medium and high
       tinggi maka hal tersebut akan menjadi fokus,          categories then they will be the focus,
       konsentrasi, dan perhatian lebih dari                 concentration, and more attention of the
       Perseroan.                                            Company.
   Bentuk proaktif dari proses identifikasi yang         As the proactive form of the implemented
   dilakukan, maka setiap departemen yang ada            identification process, then every Department
   di Perseroan melakukan proses Risk Control            in the Company carries out a Risk Control Self
   Self Assessment (RCSA). Hasil dari identifikasi,      Assessment (RCSA) process. The results of the
   pengukuran, pemantauan, dan pengendalian              identification, measurement, monitoring, and
   tersebut kemudian disusun dalam bentuk                control are then compiled in the form of an
   laporan Enterprise Risk Dashboard (ERD).              Enterprise Risk Dashboard (ERD) report.
4. Sistem Informasi Manajemen Risiko                  4. Risk Management Information System
   Perseroan telah membangun sistem manajemen            The Company has established a risk management
   risiko sejak awal pendirian dan terus                 system since its inception and continues to be
   dikembangkan sejalan dengan perkembangan              developed in line with business development.
   usaha. Sistem ini dijalankan sesuai arahan            This system is implemented in accordance with
   Direksi dan di bawah pengawasan Dewan                 the direction of the Board of Directors and
   Komisaris untuk memastikan pelaksanaan yang           under the supervision of the Board of
   efektif, memadai, dan sesuai dengan                   Commissioners to ensure effective, adequate
   karakteristik, kompleksitas, dan profil risiko        implementation and in accordance with the
   Perseroan. Manajemen Risiko ini dilaksanakan          characteristics, complexity, and risk profile of
   oleh Divisi Manajemen Risiko. Ada beberapa            the Company. Risk Management is conducted
   aspek penerapan manajemen risiko untuk                by the Risk Management Division. There are
   memastikan pengawasan risiko yang                     several aspects of risk management
   berkelanjutan, yaitu:                                 implementation to ensure ongoing risk oversight,
                                                         include:
   a. Pengawasan aktif Dewan Komisaris dan               a. Active Monitoring of the Boards of
       Direksi;                                              Commissioners and Board of Directors;
   b. Pembentukan Divisi Manajemen Risiko;               b. Establishment of Risk Management Division;
   c. Penetapan dan pengembangan kebijakan               c. Establishment and continuous development
       dan prosedur manajemen risiko yang jelas,             of risk management policies and procedures
       menyeluruh, dan berkesinambungan;                     clearly and thoroughly;
   d. Pengawasan agar proses identifikasi,               d. Supervision to ensure the process of
       pengukuran, pemantauan, dan pengendalian              identifying, measuring, monitoring, and
       risiko dijalankan secara berkesinambungan             controlling risks is carried out continuously
       sesuai dengan perkembangan usaha;                     in line with the business development;
   e. Membuat dan mengembangkan sistem                   e. Create and develop the risk management
       informasi manajemen risiko; dan                       information system; and
   f. Melakukan sistem pengendalian internal             f. Perform a comprehensive internal control
       yang menyeluruh.                                      system.
5. Sistem Pengendalian Internal yang Menyeluruh       5. Comprehensive Internal Control System
   Sistem pengendalian internal telah berjalan           The internal control system has been running
   efektif yang terdiri dari:                            effectively consisting of:
   a. Menciptakan pengendalian yang dapat                a. Creating controls that can support the
       mendukung kinerja Perseroan;                          Company’s performance;
   b. Memastikan seluruh karyawan memiliki               b. Ensuring that all employees have Company
       integritas Perseroan;                                 integrity;
   c. Mengawasi terlaksananya visi, misi, dan            c. Overseeing the implementation of the




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            nilai-nilai Perseroan;                                    Company’s vision, mission, and values;
         d. Mempersiapkan sistem pencatatan dan                    d. Preparing information technology-based
            data berbasis teknologi informasi dalam                   recording and data systems in terms of the
            hal penyimpanan dokumen Perseroan dan                     Company documents and debtor data
            data debitur; dan                                         storage; and
         e. Mempersiapkan sistem informasi yang                    e. Preparing information systems that enable
            memungkinkan pengendalian internal                        internal control to be performed effectively,
            dilakukan secara efektif, efisien, dan akurat.            efficiently, and accurately.
      6. Selain itu, Perseroan juga memiliki unit khusus        6. Additionally, the Company also has a special
         yang mengawasi secara dini atas jalannya                  unit that supervises early on the day-to-day
         operasional sehari-hari yaitu Departemen                  operations called the Department of Internal
         Internal Control yang ditempatkan di setiap               Control which is placed in each branch office
         kantor cabang dan bertanggung jawab langsung              and is directly responsible to the Board of
         kepada Direksi.                                           Directors.

  Manajemen risiko diterapkan Perseroan secara               Risk management is implemented by the Company
  menyeluruh, terintegrasi, dan efektif yang bertujuan       in a comprehensive, integrated, and effective manner
  untuk:                                                     which aims at:
     1. Mendukung praktik usaha sesuai dengan maksud             1. Supporting business practices according to
         dan tujuan Perseroan;                                      the Company’s objective and target;
     2. Menyediakan informasi yang dapat digunakan               2. Providing information that can be used to make
         untuk mengambil keputusan yang tepat dan                   appropriate and risk-based decisions in assisting
         berbasis risiko dalam membantu manajemen;                  the management;
     3. Menentukan pencadangan yang memadai                      3. Determining adequate reserves to anticipate
         untuk mengantisipasi risiko yang terukur;                  measurable risks;
     4. Menghindari kemungkinan adanya kerugian                  4. Avoiding the possibility of a relatively greater
         yang relatif lebih besar; dan                              loss; and
     5. Mengidentifikasi dan mengoptimalkan peluang              5. Identifying and optimizing existing business
         usaha yang ada.                                            opportunities.

  TAHAPAN PENGELOLAAN RISIKO                                 STAGES OF RISK MANAGEMENT
  Kegiatan pengelolaan dan evaluasi risiko di Perseroan      Risk management and evaluation activities in the
  membentuk suatu siklus yang tidak terputus dan             Company form an uninterrupted and continuous
  berkesinambungan, dimana siklus tersebut terdiri           cycle, where the cycle consists of several stages,
  dari beberapa tahapan yaitu:                               namely:
     1. Identifikasi Risiko                                     1. Risk Identification
        Unit kerja Manajemen Risiko bekerjasama                     The Risk Management work unit in collaboration
        dengan unit kerja lainnya yang ada di perseroan             with other work units in the company is active
        aktif untuk mengidentifikasi secara komprehensif            to comprehensively identify potential risks that
        potensi risiko yang dapat mempengaruhi                      can affect various aspects of the company's
        berbagai aspek bisnis perusahaan.                           business.
     2. Pengukuran Risiko                                       2. Risk Measurement
        Unit kerja Manajemen Risiko bekerjasama                     The Risk Management work unit in collaboration
        dengan setiap unit kerja yang ada di perseroan              with each work unit in the company develops
        mengembangkan matrik dan model pengukuran                   accurate risk measurement matrices and models.
        risiko yang akurat.
     3. Pengendalian Risiko                                     3. Risk Control
        Proses pengendalian risiko yang dilakukan                  The risk control process carried out by the
        oleh perseroan mengacu kepada kebijakan                    company refers to the policies and procedures
        dan prosedur yang telah ditetapkan, dimana                 that have been established, where the risk
        untuk pengendalian risiko tersebut disesuaikan             control is adjusted to the risk exposure and




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      dengan eksposur risiko maupun tingkat risiko               the level of risk to be taken (risk appetite) and
      yang akan diambil (risk appetite) dan toleransi            risk tolerance. Various risk mitigation methods
      risiko (risk tolerance). Berbagai metode mitigasi          are also implemented to absorb potential loss
      risiko juga diterapkan untuk menyerap potensi              risks.
      risiko kerugian.
   4. Pemantauan Risiko                                      4. Risk Monitoring
      Untuk risiko yang telah diidentifikasi, diukur,           For risks that have been identified, measured,
      dan dikendalikan selanjutnya Perseroan                    and controlled, the Company then conducts
      melakukan pemantauan yang kemudian                        monitoring which is then documented in the
      didokumentasikan dalam bentuk dokumentasi                 form of risk documentation (risk register).
      risiko (risk register).

Dengan adanya siklus pengelolaan risiko, organ dan        With the risk management cycle, the Company's
peraturan Perseroan mengalami peningkatan mengikuti       organs and regulations have increased following the
perkembangan bisnis Perseroan. Perseroan akan lebih       development of the Company's business. In the future,
siap dalam menghadapi risiko-risiko yang ada melalui      the Company will be better prepared to face existing
manajemen risiko yang kredibel untuk ke depannya.         risks through credible risk management.

EVALUASI SISTEM MANAJEMEN RISIKO                          EVALUATION OF RISK MANAGEMENT
                                                          SYSTEM
Sistem manajemen risiko dievaluasi secara berkala         The risk management system is regularly evaluated
untuk memastikan pembaruan data risiko dan untuk          to ensure updating of risk data and to assess the
menilai kecukupan rancangan, serta efektivitas            adequacy of the design, as well as the effectiveness
implementasi manajemen risiko di Perseroan. Selain        of the implementation of risk management in the
itu, hal ini juga dilakukan untuk mengukur tingkat        Company. In addition, this is also done to measure the
kematangan manajemen risiko Perseroan dan menjadi         maturity level of the Company’s risk management and
acuan untuk perbaikan kedepannya. Adapun uraian           to be a reference for future improvement. The description
mengenai bentuk evaluasi yang dilaksanakan adalah:        of the form of an evaluation carried out is:
    1. Pertemuan secara berkelanjutan dengan Dewan            1. Continuous meetings with the Boards of
       Komisaris dan Direksi;                                     Commissioners and Board of Directors;
    2. Rapat secara rutin antara Direksi dan Kepala           2. Regular meetings between the Board of
       Divisi;                                                    Directors and Division Heads;
    3. Menilai Performance Quality Report oleh Divisi         3. Evaluate the Performance Quality Report by
       Manajemen Risiko Perseroan; dan                            the Company’s Risk Management Division; and
    4. Pengawasan risiko secara terintegrasi oleh             4. Integrated risk monitoring by the Company
       Perseroan dan Pemegang Saham.                              and Shareholders.

EVALUASI DAN KECUKUPAN ATAS                               EVALUATION AND ADEQUACY OF RISK
EFEKTIVITAS SISTEM MANAJEMEN RISIKO                       MANAGEMENT SYSTEM EFFECTIVENESS
Pada tahun 2023, implementasi dan praktik sistem          In 2023, the implementation and practice of the risk
manajemen risiko telah dijalankan cukup efektif dalam     management system has been carried out quite
mendukung kegiatan bisnis dan operasional Perseroan.      effectively in supporting the Company's business and
Adapun hal-hal yang telah dievaluasi meliputi:            operational activities. The things that have been
                                                          evaluated include:
   1. Proses dan penerapan kebijakan manajemen                1. Process and implementation of risk management
      risiko;                                                    policies;
   2. Kinerja produk secara berkala untuk memastikan          2. Periodic product performance to ensure that
      produk-produk yang dimiliki oleh Perseroan                 the products owned by the Company continue
      tetap memberikan imbal hasil yang optimal;                 to provide optimal returns;




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      3. Arsitektur pengembangan sistem untuk                  3. System development architecture to improve
         meningkatkan keandalan pengembangan                      the reliability of system development;
         sistem;
      4. Penetapan tanggung jawab dan wewenang                 4. Assignment of responsibilities and authorities
         terkait fungsi pengawasan manajemen risiko;              related to the risk management oversight
                                                                  function;
      5. Kecukupan atas kebijakan dan prosedur;                5. Adequacy of policies and procedures;
      6. Verifikasi dan tinjauan secara berkala terhadap       6. Periodic verification and review of risk handling;
         penanganan risiko; serta                                 and
      7. Kinerja dan kualitas portofolio.                      7. Portfolio performance and quality.



  Akuntan Publik
  Public Accountant

  Kantor Akuntan Publik (KAP) ditunjuk melalui              The public accounting firm is designated through the
  rekomendasi Komite Audit dan disampaikan ke Dewan         recommendation of the Audit Committee and
  Komisaris untuk kemudian disetujui dalam RUPS.            submitted to the Board of Commissioners for approval
                                                            at the GMS.

  Berdasarkan hasil keputusan RUPS Tahunan 2023,            Based on the results of the 2023 Annual GMS, the
  Perseroan menunjuk KAP Purwantono, Sungkoro &             Company appointed Purwantono, Sungkoro & Surja
  Surja untuk mengaudit Laporan Keuangan untuk              Accounting Firm to audit the Financial Statements
  tahun buku yang berakhir pada 31 Desember 2023.           for the fiscal year ending on December 31, 2023.

  Berikut KAP yang ditunjuk oleh Perseroan selama 5         The following are the Public Accounting Firm the
  tahun terakhir:                                           Company designated for the past 5 years:


                         Nama Kantor Akuntan
                                                                                                     Biaya
      Tahun Buku               Publik             Nama Akuntan             Jenis Jasa
                                                                                                      Fee
       Fiscal Year         Name of Public       Name of Accountant       Type of Service
                                                                                                     (Rp)
                           Accountant Firm

  2023                 Purwantono, Sungkoro &   Yasir                 Audit Laporan            315.000.000
                       Surja                                          Keuangan Desember
                                                                      2023
                                                                      Audit of the Financial
                                                                      Statements as of
                                                                      December 2023
                       Purwantono, Sungkoro &   Yasir                 Tinjauan atas            200.000.000
                       Surja                                          reporting
                                                                      Review of reporting

  2022                 Purwantono, Sungkoro &   Muhammad              Tinjauan atas            200.000.000
                       Surja                    Kurniawan             reporting
                                                                      Review of reporting

                       Purwantono, Sungkoro &   Muhammad              Audit Laporan            265.000.000
                       Surja                    Kurniawan             Keuangan Desember
                                                                      2022
                                                                      Audit of the Financial
                                                                      Statements as of
                                                                      December 2022




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                  Nama Kantor Akuntan
                                                                                                  Biaya
  Tahun Buku            Publik              Nama Akuntan             Jenis Jasa
                                                                                                   Fee
   Fiscal Year      Name of Public        Name of Accountant       Type of Service
                                                                                                  (Rp)
                    Accountant Firm

2021             Purwantono, Sungkoro &   Christophorus Alvin   Tinjauan atas            200.000.000
                 Surja                    Kossim                reporting
                                                                Review of reporting

                 Purwantono, Sungkoro &   Christophorus Alvin   Audit Laporan            258.000.000
                 Surja                    Kossim                Keuangan Desember
                                                                2021
                                                                Audit of the Financial
                                                                Statements as of
                                                                December 2021
2020             Purwantono, Sungkoro &   Muhammad              Tinjauan atas            200.000.000
                 Surja                    Kurniawan             reporting
                                                                Review of reporting
                 Purwantono, Sungkoro &   Muhammad              Audit Laporan            336.000.000
                 Surja                    Kurniawan             Keuangan Desember
                                                                2020
                                                                Audit of the Financial
                                                                Statements as of
                                                                December 2020
2019             Purwantono, Sungkoro &   Muhammad              Tinjauan atas            199.800.000
                 Surja                    Kurniawan             reporting
                                                                Review of reporting
                 Purwantono, Sungkoro &   Muhammad              Audit Laporan            260.000.000
                 Surja                    Kurniawan             Keuangan Desember
                                                                2019
                                                                Audit of the Financial
                                                                Statements as of
                                                                December 2019




                                                                                                                249
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  Pengadaan Barang dan Jasa
  Procurement of Goods and Services

  Berdasarkan kebijakan pengadaan barang dan jasa          Based on the Company’s policy on goods and services
  yang dimiliki Perseroan, semua pengadaan barang          procurement, all procurement of goods and services
  dan jasa harus dijalankan secara efektif, efisien,       must be carried out effectively, efficiently, professionally,
  profesional, mandiri, dan dilakukan dengan integritas    independently, and carried out with high integrity,
  tinggi, lepas dari benturan kepentingan dan dengan       free from conflicts of interest and by upholding the
  menjunjung tinggi prinsip-prinsip GCG.                   principles of GCG.

  Perseroan menjunjung tinggi prinsip kejujuran dan        The Company upholds the principle of honesty and
  menghormati kemandirian dari pihak-pihak yang            respects the independence of the parties involved in
  terlibat dalam proses pengadaan barang dan jasa,         the process of procuring goods and services, either
  baik langsung maupun tidak langsung.                     directly or indirectly.

  PROSEDUR DAN TATA CARA PENGADAAN PROCEDURE FOR PROCUREMENT OF
  BARANG DAN JASA                  GOODS AND SERVICES
  Perseroan melakukan pengadaan barang dan jasa            The Company procures goods and services effectively
  secara efektif dan efisien agar tidak menjadi kendala    and efficiently so as not to become an obstacle in
  dalam operasional bisnis yang dapat merugikan            business operations that can cause losses to the company
  perusahaan. Pemilihan vendor dilakukan dengan            Vendor selection is done by considering many aspects
  memperhatikan banyak aspek untuk mendapatkan             to get the best price and quality. In the process, vendor
  harga dan kualitas terbaik. Dalam prosesnya, pemilihan   selection must be approved by a committee that has
  vendor harus mendapat persetujuan dari komite yang       been organized based on the value of the transaction.
  sudah diatur berdasarkan nilai transaksinya.             The management of goods and services procurement
  Pengelolaan pengadaan barang dan jasa dilakukan          is carried out by the General Affair Department.
  oleh General Affair Departement.

  Mekanisme pengadaan barang dan jasa diawali dengan       The mechanism of procurement of goods and services
  perencanaan, menentukan spesifikasi barang dan jasa      begins with planning, determining the specifications
  sesuai kebutuhan, pemilihan vendor, persetujuan,         of goods and services according to needs, selecting
  pemesanan, penerimaan dan pendistribusian, serta         vendors, approving, ordering, receiving and distributing,
  pencatatan.                                              and recording.

  SISTEM PENGADAAN BARANG DAN JASA                         SYSTEM OF PROCUREMENT
                                                           OF GOODS AND SERVICES
  Perseroan menyelenggarakan proses pengadaan              The Company implements the process of procurement
  barang dan jasa dalam beberapa tahapan yaitu:            of goods and services in several stages, include:
     1. Perencanaan: pembuatan rencana pengadaan;             1. Planning: preparing procurement plan;
     2. Persiapan: kerangka acuan kerja, syarat               2. Preparation: term of reference, pre-qualification
        prakualifikasi, dokumentasi pengadaan, strategi          requirements, procurement documentation,
        metode pemilihan penyedia barang dan jasa;               and strategies for selecting goods and services;
     3. Pemilihan barang dan jasa: pengumuman atau            3. Selection of goods and services: announcement
        undangan bagi vendor yang memiliki sertifikasi           or invitation for vendors having certification
        dan prakualifikasi, evaluasi penawaran dan               and pre-qualification, bid evaluation and
        negosiasi, penetapan pemenang, proses                    negotiation, determination of the winner,
        kontrak; dan                                             contracting process; and
     4. Penggunaan dan pengelolaan aset perusahaan.           4. Use and management of the Company assets.

  Sistem tersebut dijalankan secara terbuka dan            The system is carried out openly and competitively
  kompetitif dengan mengikutsertakan calon penyedia        by involving prospective suppliers of goods and
  barang dan jasa yang memenuhi syarat berdasarkan         services that meet the requirements under their
  kemampuan dan kinerja yang sesuai dengan                 capabilities and performance based on the required
  kompetensi yang diperlukan.                              competencies.




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Kode Etik
Code Of Conduct

Perseroan berkomitmen untuk menjalankan bisnisnya           The Company is committed to conducting its business
sesuai dengan standar etika terkait kejujuran, integritas   in accordance with ethical standards related to honesty,
dan profesional dalam berbisnis. Oleh karena itu,           integrity, and professionalism in doing business.
Kode Etik dan Pedoman Perilaku yang disusun                 Therefore, the Code of Ethics and the Guidance of
Perseroan memberikan pedoman standar perilaku               Conduct compiled by the Company provides a
minimum yang diharapkan untuk dipatuhi oleh segenap         minimum standard of conduct that is expected to be
karyawan termasuk jajaran Dewan Komisaris, Direksi,         observed by all employees including the Boards of
Dewan Pengawas Syariah, dan Komite-Komite                   Commissioners, Board of Directors, Sharia Supervisory
Perseroan yang dibentuk.                                    Board, and Committees.

POKOK-POKOK KODE ETIK                                       KEY POINTS OF CODE OF CONDUCT
Isi Kode Etik Perseroan meliputi:                           The Company’s Code of Conduct contains:
    1. Pengantar Umum                                          1. General Introduction
    2. Kode Etik dan Pedoman Tingkah Laku                      2. Code of Ethics and Guidance of Conduct
       a. Kode Etik dan Pedoman Tingkah Laku                      a. The Company’s Code of Ethics and Guidance
          Perseroan;                                                 of Conduct;
       b. Nilai-nilai Dasar (TIGER);                              b. Basic Values (TIGER);
       c. Komitmen Kode Etik & PedomanTingkah                     c. Commitment to the Code of Ethics &
          Laku;                                                      Guidance of Conduct;
       d. Tanggung Jawab terhadap Perseroan;                      d. Responsibility to the Company;
       e. Tanggung Jawab di Tempat Kerja;                         e. Responsibility at Workplace;
       f. Etika dalam Mewakili Perseroan dan                      f. Ethics in Representing the Company and
          Berinteraksi dengan Pihak Luar Lainnya;                    Interacting with Other Outside Parties;
       g. Hadiah dan Hiburan;                                     g. Gifts and Entertainment;
       h. Kerahasiaan;                                            h. Confidentiality;
       i. Benturan Kepentingan;                                   i. Conflict of Interest;
       j. Ketentuan tentang Kepatuhan; dan                        j. Provisions on Compliance; and
       k. Pernyataan Komitmen Pribadi.                            k. Statement of Personal Commitment.

SOSIALISASI KODE ETIK                                       DISSEMINATION OF CODE OF CONDUCT
Sosialisasi Kode Etik dilakukan sejak karyawan              The dissemination of Code of Conduct is conducted
mulai bergabung di Perseroan, yakni pada saat               from the moment an employee join the Company,
penandatanganan kontrak kerja. Selain itu, sosialisasi      namely at the signing of employment contract. The
juga dilakukan kembali secara periodik pada waktu           dissemination is also carried out periodically at a
tertentu.                                                   specified time.

Seluruh karyawan termasuk anggota Dewan Komisaris           All employees including members of the Boards of
dan Direksi memiliki tanggung jawab dan kewajiban           Commissioners and Board of Directors have the
untuk mematuhi dan menjadikan Kode Etik sebagai             responsibility and obligation to comply with and make
pedoman dalam menjalankan bisnis dan operasional            the Code of Conduct as a guide in conducting business
sehari–hari.                                                and daily operations.

PENEGAKAN KODE ETIK                                         ENFORCEMENT OF CODE OF CONDUCT
Kode Etik Perseroan berlaku untuk seluruh pihak             The Company’s Code of Conduct applies to all parties
yang terkait dengan Perseroan mulai dari Dewan              related to the Company, from Boards of Commissioners,
Komisaris, Direksi, Dewan Pengawas Syariah,                 Board of Directors, Sharia Supervisory Board,
Pemegang Saham, seluruh karyawan Perseroan, dan             Shareholders, all of the Company’s employees, and
pemangku kepentingan lainnya.                               other stakeholders.




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  LAPORAN PELANGGARAN KODE ETIK                            VIOLATION REPORT OF CODE OF CONDUCT
  Sepanjang tahun 2023, tidak terdapat adanya laporan      During 2023, the Company received no report on
  pelanggaran Kode Etik yang dilakukan oleh Dewan          violation of Code of Ethic committed by the Boards
  Komisaris, Direksi, Dewan Pengawas Syariah, jajaran      of Commissioners and Board of Directors, Sharia
  pejabat eksekutif, dan seluruh karyawan                  Supervisory Board, executive officers, and employees
  Perseroan.                                               of the Company.



  Penanganan Benturan Kepentingan
  Handling of Conflict of Interest

  Dalam menjalankan kegiatan usahanya, Perseroan           In carrying out its business activities, the Company
  menyadari bahwa benturan kepentingan mungkin             realizes that conflicts of interest may occur in
  saja terjadi dalam hubungan dan interaksi antar          relationships and interactions between stakeholders
  pemangku kepentingan maupun pihak-pihak lainnya.         and other parties. Therefore, the Company has a
  Itu sebabnya, Perseroan memiliki kebijakan yang          policy that regulates the handling of conflicts of
  mengatur penanganan benturan kepentingan.                interest.

  Kebijakan tersebut telah diatur dalam Kode Etik          The said policy is stipulated in the Company’s Code
  Perseroan sebagai berikut:                               of Conduct as follows:
     1. Mencegah kondisi di mana aktivitas, kepentingan,      1. Avoiding conditions where activities, interests,
        maupun hubungan pribadi yang dapat                       or personal relations can hinder the ability to
        menghambat kemampuan untuk bertindak                     act for the Company’s interests;
        demi kepentingan Perseroan;
     2. Menghindari investasi pribadi dalam suatu             2. Avoiding personal investment in a company
        perusahaan yang dapat mempengaruhi                       that may affect the ability to make business
        kemampuan dalam mengambil keputusan                      decisions on behalf of the Company;
        bisnis atas nama Perseroan;
     3. Menghindari penyalahgunaan fasilitas, hubungan        3. Avoiding the misuse of facilities, business
        bisnis, dan nama Perseroan untuk kepentingan             relations, and company names for personal
        pribadi maupun untuk hal- hal lain di luar tugas         gain or other matters outside of their duties
        dan tanggung jawab;                                      and responsibilities;
     4. Menghindari perbuatan di luar pekerjaan, baik         4. Avoiding actions outside of work, both inside
        di dalam maupun di luar Perseroan untuk                  and outside the Company for personal or other
        mendapatkan keuntungan pribadi maupun                    parties’ interest that may be detrimental to the
        pihak lain yang dapat merugikan Perseroan;               Company;
     5. Menghindari penyalahgunaan kewenangan                 5. Avoiding the abuse of authority and position
        dan jabatan untuk kepentingan pribadi maupun             for personal or other parties’ interests;
        pihak lain;
     6. Menghindari pekerjaan dalam perusahaan lain           6. Avoiding work in other companies or being
        maupun terikat dalam suatu bisnis dengan                 bound in business with other parties that may
        pihak lain yang dapat mengganggu kinerja                 interfere with the Company’s performance;
        Perseroan;
     7. Memperoleh persetujuan dari Perseroan terkait         7. Obtaining approval from the Company regarding
        hubungan bisnis maupun transaksi yang                    business relations and transactions conducted
        dilakukan dengan suatu perusahaan di mana                with a company where the concerning party
        yang bersangkutan atau keluarga dekat memiliki           or close family has interests, both directly and
        kepentingan, baik langsung maupun tidak                  indirectly;
        langsung;
     8. Mengutamakan kepentingan Perseroan;                   8. Prioritizing the Company’s interests;




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   9. Memenuhi kebutuhan jasa keuangan pribadi             9. Fulfilling personal financial needs of employees
       karyawan maupun anggota keluarga karyawan              and family members of employees by providing
       dengan memberikan persyaratan yang sama                the same requirements as those given to other
       dengan yang diberikan kepada pihak lain dalam          parties under the same conditions; and
       kondisi yang sama; dan
   10. Menghindari perlakuan khusus dari pemasok           10. Avoiding special treatment from suppliers and
       maupun penyedia jasa tanpa adanya persetujuan           service providers without Company’s approval.
       dari Perseroan.



Fungsi Kepatuhan
Compliance Function

Fungsi kepatuhan di Perseroan ditujukan untuk           The existence of compliance function in the Company
memantau kebijakan, ketentuan, sistem, prosedur,        is aimed at monitoring policies, provisions, systems,
dan kegiatan Perseroan, serta memastikan pemenuhan      procedures, and activities of the Company, and ensuring
terhadap peraturan yang berlaku. Melalui program        compliance with applicable regulations. Through
kepatuhan yang terencana dan terpadu, Perseroan         planned and integrated compliance program, the
berkomitmen untuk mengembangkan budaya                  Company is committed to develop compliance culture
kepatuhan dan terus menjaga efektivitas sebagai         and continue to maintain effectiveness as a risk
upaya pengelolaan risiko.                               management effort.

Fungsi kepatuhan tersebut dijalankan oleh Unit          The compliance function is carried out by Compliance
Compliance.                                             Unit.

STRUKTUR DAN KEDUDUKAN FUNGSI                           STRUCTURE AND POSITION OF
KEPATUHAN                                               COMPLIANCE FUNCTION
Unit Compliance terdiri dari seorang Chief Compliance   The Compliance Unit management consists of a Chief
Officer dan Compliance Officer. Saat ini, Unit          Compliance Officer and Compliance Officer. Currently,
Compliance didukung oleh 3 personil dengan komposisi    the Compliance Unit is supported by 3 personnel
sebagai berikut:                                        with the following composition:


                        Jabatan                                           Jumlah Personil
                        Position                                        Number of Personnel

 Chief Compliance Officer                                                         1
 Compliance Officer                                                               2
 Total                                                                            3



PROFIL FUNGSI KEPATUHAN                                 PROFILE OF COMPLIANCE FUNCTION
Diandra Rufidya Juztifira
Chief Compliance Officer
Chief Compliance Officer

Warga Negara Indonesia, berusia 24 tahun, dan           Indonesian citizen, 24 years old, and residing in East
berdomisili di Jakarta Timur. Meraih gelar Sarjana      Jakarta. He held a Bachelor of Law from the Diponegoro
Hukum dari Universitas Diponegoro. Bergabung            University. Joined the Company in 2021.
dengan Perseroan pada tahun 2021.




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  Kamilla Khairunnisa
  Compliance Officer
  Compliance Officer

  Warga Negara Indonesia, 24 tahun, dan berdomisili         Indonesian citizen, 24 years old, and domiciled in
  di Tangerang. Meraih gelar Sarjana Hukum di Universitas   Tangerang. Holds a Bachelor of Laws degree at
  Padjajaran. Bergabung dengan Perseroan pada tahun         Padjajaran University. Joined the Company in 2023.
  2023.

  Siti Nurmawati
  Compliance Officer
  Compliance Officer

  Warga Negara Indonesia, berusia 23 tahun, dan             Indonesian citizen, 23 years old, and domiciled in
  berdomisili di Jakarta Pusat. Meraih gelar Sarjana        Central Jakarta. Holds a Bachelor of Laws degree
  Hukum dari Universitas Jember. Bergabung dengan           from Jember University. Joined the Company in 2023.
  Perseroan pada tahun 2023.

  TUGAS DAN TANGGUNG JAWAB FUNGSI                           DUTIES AND RESPONSIBILITIES OF
  KEPATUHAN                                                 COMPLIANCE FUNCTION
  Tugas dan tanggung jawab fungsi kepatuhan antara          The duties and responsibilities of the Compliance
  lain:                                                     Function include:
      1. Merumuskan strategi guna mendorong                    1. Formulating strategies to encourage the creation
         terciptanya budaya kepatuhan Perseroan;                  of a culture of compliance with the Company;
      2. Mengusulkan kebijakan kepatuhan atau prinsip-         2. Proposing a compliance policy or compliance
         prinsip kepatuhan yang akan ditetapkan oleh              principles that will be determined by the Board
         Direksi;                                                 of Directors;
      3. Menetapkan sistem dan prosedur kepatuhan              3. Establishing compliance systems and procedures
         yang akan digunakan untuk menyusun ketentuan             that will be used to prepare the Company’s
         dan pedoman internal Perseroan;                          internal rules and guidelines;
      4. Memastikan bahwa seluruh kebijakan, ketentuan,        4. Ensuring that all policies, provisions, systems,
         sistem, dan prosedur serta kegiatan usaha                and procedures, as well as business operations
         yang dilakukan Perseroan telah sesuai dengan             of the Company, are in line with the provisions
         ketentuan Otoritas Jasa Keuangan dan                     of the Financial Services Authority and
         peraturan perundang-undangan yang berlaku;               applicable laws and regulations;
      5. Meminimalkan risiko kepatuhan Perseroan;              5. Minimizing the risk of Company compliance;
      6. Melakukan tindakan pencegahan agar kebijakan          6. Taking precautionary measures to ensure the
         dan/atau keputusan yang diambil Direksi tidak            policies and/or decisions taken by the Board
         menyimpang dari ketentuan Otoritas Jasa                  of Directors do not conflict with the provisions
         Keuangan dan peraturan perundang-undangan                of the Financial Services Authority and the
         yang berlaku; dan                                        prevailing laws and regulations; and
      7. Melakukan tugas-tugas lainnya yang terkait            7. Conducting other duties related to the
         dengan fungsi kepatuhan.                                 compliance function.

  PROGRAM KERJA FUNGSI KEPATUHAN                            WORK PROGRAM OF COMPLIANCE
                                                            FUNCTION
      1. Melakukan compliance test atau uji kepatuhan;         1. Performing compliance tests or compliance
         dan                                                      tests; and
      2. Melakukan sosialisasi peraturan baru Otoritas         2. Disseminating new regulations to the Financial
         Jasa Keuangan ke divisi terkait.                         Services Authority related divisions.




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Program Anti Pencucian Uang dan
Pencegahan Pendanaan Terorisme
Anti-Money Laundering and Terrorism Financing Prevention Program

Seiring dengan meningkatnya kegiatan pembiayaan         Along with the increasing financing activities currently
saat ini yang ditandai dengan semakin kompleksnya       marked by increasingly complex products and financing
produk dan aktivitas pembiayaan yang ditawarkan,        activities offered, the Company is implementing an
Perseroan menerapkan program anti pencucian uang        anti-money laundering and terrorism financing
dan pencegahan pendanaan terorisme (APU dan             prevention program (APU and PPT) based on Financial
PPT) berdasarkan Peraturan Otoritas Jasa Keuangan       Services Authority Number 8 of 2023 on the
Nomor 8 Tahun 2023 tentang Penerapan Program            Implementation of Anti-Money Laundering Program,
Anti Pencucian Uang, Pencegahan Pendanaan               Prevention of Financing of Terrorism, and Prevention
Terorisme, dan Pencegahan Pendanaan Proliferasi         of Financing of Proliferation of Weapons of Mass
Senjata Pemusnah Massal di Sektor Jasa Keuangan.        Destruction in the Financial Services Sector.

Perseroan juga telah memiliki pedoman terkait tata      The Company also has prepared the guidelines related
kerja yang tertuang dalam Pedoman Penerapan             to work procedures contained in the Guidelines for
Program Anti Pencucian Uang dan Pencegahan              the Implementation of the Anti-Money Laundering
Pendanaan Terorisme.                                    and Prevention of Terrorism Funding Program.

Guna penerapan program APU dan PPT dapat berjalan       In order to effectively implement the APU and PPT
efektif, Perseroan telah melakukan beberapa hal         program, the Company has conducted the following:
sebagai berikut:
   1. Pengawasan aktif Dewan Komisaris dan Direksi;        1. Active oversight by the Boards of Commissioners
                                                              and Board of Directors;
   2. Kebijakan dan prosedur;                              2. Policies and procedures;
   3. Pengendalian internal;                               3. Internal control;
   4. Sistem informasi manajemen; dan                      4. Management information system; and
   5. Sumber daya manusia dan pelatihan.                   5. Human resources and training.

Berdasarkan hasil pemantauan dan audit yang             Based on the results of monitoring and audits
dilaksanakan sepanjang tahun 2023, tidak ditemukan      performed during 2023, there are no indications of
indikasi terjadinya tindak pidana pencucian uang dan    crimes of money laundering and terrorism financing
pendanaan terorisme di Perseroan.                       in the Company.



Manajemen Anti-Fraud
Anti-Fraud Management

Dalam rangka mencegah terjadinya kasus-kasus            To prevent cases of funding operational irregularities,
penyimpangan operasional pembiayaan, khususnya          especially fraud that may be detrimental to customers
fraud yang dapat merugikan debitur dan Perseroan,       and the Company, it is necessary to increase the
maka diperlukan peningkatan efektivitas pengendalian    effectiveness of internal control to minimize the risk
internal sebagai upaya meminimalkan risiko fraud        of fraud by implementing anti-fraud management.
dengan cara menerapkan manajemen anti-fraud.

Perseroan telah memiliki kebijakan anti korupsi telah   The Company has had an anti-corruption policy as
diatur dalam SOP Penerapan Strategi anti-fraud yang     set forth in the SOP on the Implementation of anti-
disahkan pada tahun 2019.                               fraud Strategy which was passed in 2019.




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  Selama tahun 2023, tidak ada penyimpangan/              During 2023, there was no deviation/fraud committed
  kecurangan yang sedang dijabat oleh anggota Dewan       by any incumbent member of Board of Commissioners,
  Komisaris, Direksi, Dewan Pengawas Syariah dan          Board of Directors, Sharia Supervisory Board or
  seluruh insan Perseroan terkait dengan proses kerja     individual of the Company related to work process
  dan kegiatan operasional.                               and operations.



  Pemberian Dana Kegiatan Politik
  Provision of Funds for Political Activities

  Selama tahun 2023, Perseroan tidak terlibat di dalam    During 2023, the Company was not involved in political
  kegiatan politik, serta tidak memberikan dana untuk     activities, nor did it provide funds for political purposes.
  kepentingan politik.



  Permasalahan Hukum
  Legal Cases

  Selama tahun 2023 terdapat sejumlah permasalahan        During 2023, there were number of legal cases
  hukum yang dihadapi Perseroan, akan tetapi tidak        encountered by the Company, however do not have
  memiliki dampak material jika permasalahan hukum        material impact if these cases won against the
  tersebut mengalahkan Perseroan. Data perkara hukum      Company. Data on legal cases faced by the Company
  yang dihadapi oleh Perseroan di tahun 2023              in 2023 as shown in the table below:
  sebagaimana di dalam tabel di bawah ini:


                                                                                    Jumlah
                        Permasalah Hukum                                             Total
                           Legal Cases                      Pidana           Perdata          Hubungan Industrial
                                                         Criminal Case      Civil Case         Industrial Relations

      Telah selesai (telah mempunyai                          7                 3                       0
      kekuatan hukum yang tetap)
      Has been completed (has permanent legal force)
      Sedang dalam proses penyelesaian                        35                21                      0
      Currently in the process of completion
      Jumlah                                                  42                24                      0
      Total


  PERKARA PENTING YANG DIHADAPI                           IMPORTANT CASES FACED BY THE CURRENT
  OLEH DEWAN KOMISARIS DAN DIREKSI                        BOARD OF COMMISSIONERS AND BOARD
  YANG SEDANG MENJABAT                                    OF DIRECTORS
  Selama tahun 2023, tidak ada anggota Dewan              During 2023, none of the current members of the
  Komisaris dan Direksi Perseroan yang sedang menjabat    Company’s Board of Commissioners and Board of
  memiliki permasalahan hukum, baik perdata maupun        Directors had legal problems, either civil or criminal.
  pidana. Selain itu, Perseroan tidak memiliki entitas    In addition, the Company does not have any subsidiaries,
  anak, sehingga tidak ada informasinya mengenai          so there is no information regarding important cases
  perkara penting yang dihadapi oleh entitas anak.        faced by the subsidiaries.




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Pengendalian Gratifikasi
Gratuity Control

Perseroan senantiasa menghimbau kepada seluruh           The Company always makes an appeal to all employees
karyawan di setiap level Manajemen untuk tidak           at each level of management for not giving or receiving
memberi atau menerima pemberian atau imbalan             gifts or rewards from customers, vendors, partners,
dari debitur, vendor, rekanan, mitra kerja, dan pihak    business partners, and other third parties for services
ketiga lainnya atas jasa yang diberikan oleh karyawan    provided by employees in carrying out their duties
dalam menjalankan tugas dan tanggung jawabnya.           and responsibilities. The appeal has been disseminated
Himbauan tersebut telah disosialisasikan dan tercantum   and included in the Company’s Code of Conduct.
dalam Kode Etik Perseroan.

LAPORAN GRATIFIKASI TAHUN 2023                           GRATUITY REPORT IN 2023
Sepanjang tahun 2023, tidak terdapat laporan             During 2023, there was no gratuity reported to the
gratifikasi yang dilaporkan kepada pihak berwenang       authority in the Company.
di Perseroan.



Sanksi Administratif
Administrative Sanction

Pada tahun 2023, Perseroan tidak pernah menerima         During 2023, the Company did not receive any
sanksi administratif yang berpengaruh secara material    administrative sanction with material impact to the
terhadap kondisi keuangan dan kegiatan usaha             Company’s financial condition and business activities.
Perseroan.



Sistem Pelaporan Pelanggaran
Whistleblowing System

Perseroan mengimplementasikan sistem pelaporan           The Company implements a whistleblowing system
pelanggaran (whistleblowing system/WBS) dalam            (WBS) in order to prevent fraud and practices of
rangka mencegah terjadinya tindak kecurangan dan         corruption, collusion, and nepotism.
praktik-praktik korupsi, kolusi, dan nepotisme.

WBS diluncurkan pada tahun 2014 dan sampai saat          The WBS was launched in 2014 and until now there
ini terus dilakukan pengembangan sistem pelaporan        has been continuous development of the system to
guna menciptakan prosedur pelaporan yang jelas,          create clear whistleblowing procedures, confidentiality
kerahasiaan identitas pelapor, dan tindak lanjut yang    of the whistleblower’s identity, and relevant follow-up
relevan.                                                 actions.

PENYAMPAIAN LAPORAN                                      PROCEDURE OF WHISTLEBLOWING SYSTEM
PELANGGARAN
Karyawan dapat melaporkan setiap indikasi                Employees can report any indication of a violation
pelanggaran yang dapat merugikan Perseroan secara        that could directly harm the Company to the Company’s
langsung kepada pimpinan perusahaan yang kemudian        leadership which will then be forwarded to the relevant
akan diteruskan ke unit kerja terkait yaitu Unit Kerja   work unit, namely the anti-fraud work unit, the Internal
Anti-Fraud, Unit Audit Internal, atau Internal Control   Audit Unit, or the Internal Control Unit, which will
Unit, yang kemudian akan mengambil tindakan atas         then take action on the violation.
pelanggaran tersebut.




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  Unit kerja yang dibentuk untuk menangani laporan         The work unit that reports the report guarantees the
  pelanggaran menjamin kerahasiaan dan perlindungan        confidentiality and protection of every party who
  atas setiap pihak yang melaporkan adanya pelanggaran.    reports the report that is reported. The reporting
  Laporan pelanggaran harus mencakup 4W dan 1H,            report must cover 4W and 1H, namely the problems
  yaitu masalah yang dilaporkan (what); pihak yang         reported (what); the parties involved (who); time of
  terlibat (who); waktu kejadian (when); tempat kejadian   the incident (when); the scene (where); and how to
  (where); dan bagaimana terjadinya (how).                 make it happen (how).

  PENGELOLAAN LAPORAN                                      HANDLING OF WHISTLEBLOWING SYSTEM
  PELANGGARAN
  Laporan pelanggaran yang masuk akan dikelola             Whistleblowing received will be handled directly by
  secara langsung oleh Kepala Internal Audit. Setiap       the Head of Internal Audit. Each whistleblowing will
  laporan akan diproses secara independen dan akan         be processed independently and the truthfulness of
  dilakukan penelusuran kebenaran informasi yang           the information provided will be traced.
  diberikan.

  MEDIA PELAPORAN PELANGGARAN                              WHISTLEBLOWING PLATFORM
  Setiap laporan mengenai pelanggaran, Perseroan           Every whistleblowing, the Company provides the
  menyediakan media pelaporan berupa fasilitas Event       whistleblowing media in the form of Event Risk
  Risk Reporting (ERR) sebagai alat komunikasi dan         Reporting (ERR) as a communication and information
  informasi antar karyawan untuk melaporkan seluruh        tool among employees to report all existing issues,
  permasalahan yang ada, baik di dalam lingkungan          either within the branch office or the head office as
  kantor cabang maupun kantor pusat serta melalui          well as through the Company’s email err@
  surel Perseroan err@maybankfinance.co.id.                maybankfinance.co.id.

  PENANGANAN PENGADUAN                                     WORKFLOW OF WHISTLEBLOWING
                                                           HANDLING
  Penanganan pengaduan dan prosedur tindak lanjut          Handling of whistleblowing and procedure for the
  terhadap pelaporan sudah diatur dalam Standard           follow-up actions have been set up in the Standard
  Operating Procedure Incident Management Data             Operating Procedure for Incident Management Data
  Collection.                                              Collection.

  Laporan pelanggaran yang masuk akan ditindaklanjuti      The whistleblowing received will be followed up within
  selama 14 hari kerja sejak diterimanya laporan.          14 workdays after being reported.

  Alur kerja penanganan pengaduan adalah:                  The workflow for handling of whistleblowing is as the
                                                           followings:
      1. Tim pengelola laporan pelanggaran menerima            1. The whistleblowing handling team receives
         pengaduan pelanggaran;                                   whistleblowing;
      2. Tim pengelola laporan pelanggaran melakukan           2. The whistleblowing handling team conducts
         penelaahan awal terhadap pengaduan                       an initial review of the whistleblowing; and
         pelanggaran; dan
      3. Tim pengelola laporan pelanggaran melakukan          3. The whistleblowing handling team conducts
         investigasi dan hasilnya dilaporkan kepada              an investigation and the results are reported
         Direksi maupun Dewan Komisaris jika                     to the Boards of Directors and Board of
         diperlukan.                                             Commissioners if required.




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                                                                                        Tata Kelola Perusahaan
                                                                                          Good Corporate Governance




PERLINDUNGAN BAGI PELAPOR                               PROTECTION FOR WHISTLEBLOWERS

Perseroan menjamin kerahasiaan dan perlindungan         The Company guarantees confidentiality of and
kepada pelapor dalam melakukan proses setiap            protection to whistleblowers in processing each
pelaporan pengaduan dengan senantiasa                   whistleblowing by constantly prioritizing confidentiality,
mengedepankan kerahasiaan, asas praduga tidak           the principle of presumption of innocence in a
bersalah dengan cara yang profesional. Perseroan        professional manner. The Company guarantees the
menjamin kerahasiaan identitas pelapor, serta           confidentiality of whistleblowers’ identities and
memberikan perlindungan kepada pelapor dari segala      protects the whistleblowers from any form of threats,
bentuk ancaman, intimidasi, ataupun tindakan tidak      intimidation or unpleasant actions from any party.
menyenangkan dari pihak manapun.

LAPORAN PENGADUAN PELANGGARAN                           WHISTLEBLOWING REPORT
Pada tahun 2023, tidak terdapat laporan pengaduan       In 2023, there were no whistleblowing reports received
pelanggaran yang diterima oleh Perseroan.               by the Company.



Rencana Strategis
Strategic Plan

Rencana strategis Perseroan disusun sesuai dengan       The Company’s strategic plan is compiled under the
visi dan misi Perseroan. Penyusunan rencana strategis   Company’s vision and mission. The compilation of
tersebut berpedoman pada Surat Edaran Otoritas          the strategic plan is guided by the Financial Services
Jasa Keuangan No.15/SEOJK.05/2016 tentang Laporan       Authority Circular Letter No.15/SEOJK.05/2016
Penerapan Tata Kelola Perusahaan yang Baik bagi         concerning Report on the Implementation of Good
Perusahaan Pembiayaan. Rencana strategis dikemas        Corporate Governance for Financing Companies. The
dalam bentuk rencana jangka panjang, rencana jangka     strategic plan is composed in the form of a long-term
menengah, dan rencana jangka pendek.                    plan, a mid-term plan, and a short-term plan.

RENCANA JANGKA PANJANG                                  LONG-TERM PLAN
Perseroan telah menetapkan langkah-langkah strategis    The Company has established long-term strategic
jangka panjang dengan rincian sebagai berikut:          steps with the following details:
   1. Pembiayaan kepada debitur Perusahaan yang            1. Financing to environmentally friendly the
      ramah lingkungan.                                       Company debtors.
   2. Memperbesar kontribusi Perusahaan dalam              2. Enlarging the Company's contribution in
      pembiayaan mobil listrik dan hybrid dengan              financing electric and hybrid cars by collaborating
      menggandeng lebih banyak Agen Pemegang                  more APM in Indonesia.
      Merek (APM) di Indonesia.

RENCANA JANGKA MENENGAH DAN                             MID AND SHORT-TERM PLAN
PENDEK
Target Jangka Pendek:                                   Short-Term Target:
   1. Fokus pada pembiayaan mobil baru di segmen           1. Focus on new car financing in the medium up
      menengah ke atas dengan lebih agresif di                segment aggressively in electric and hybrid
      mobil listrik dan hybrid yang pemasarannya              cars whose marketing are expected to increase
      diperkirakan akan meningkat di tahun 2023.              in 2023.




                                                                                                                 259
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      2. Meningkatkan kualitas sumber daya manusia           2. Improve the quality of human resources through
         melalui program training, e-learning, dan              training programs, e-learning, and knowledge
         knowledge management.                                  management.
      3. Meningkatkan penjualan dengan menggunakan           3. Increase sales using references from Maybank
         referensi dari cabang-cabang Bank Maybank              Indonesia Bank branches.
         Indonesia.
      4. Meningkatkan kecepatan layanan proses aplikasi      4. Increase the speed of credit application
         kredit.                                                processing services.

  Target Jangka Menengah:                                 Mid-Term Target:
     1. Pengembangan sistem teknologi informasi              1. Continuous development of information
        secara berkesinambungan untuk mengakomodir              technology systems to accommodate rapid
        perkembangan bisnis yang cepat.                         business development.
     2. Pengembangan berkelanjutan untuk                     2. Continuous development to provide easy access
        memberikan kemudahan akses informasi kepada             to information for consumers through
        konsumen melalui aplikasi berbasis teknologi            applications based on mobile system technology.
        mobile system.
     3. Pengembangan berkelanjutan untuk digitalisasi        3. Continuous development for digitizing the
        proses kegiatan operasional perusahaan.                 company's operational activities.
     4. Menciptakan loyalty program yang dapat               4. Creating loyalty programs that can build long-
        membangun hubungan jangka panjang dengan                term relationships with partner dealers and
        dealer rekanan dan debitur.                             customers.



  Transparansi Kondisi Keuangan dan Non-
  Keuangan Lainnya
  Transparency of Other Financial and Non-Financial Conditions

  Perseroan telah melakukan transparansi kondisi          The Company has made a transparency of financial
  keuangan dan non-keuangan dengan menyusun,              and non-financial conditions by preparing, presenting,
  menyajikan dan menyampaikannya kepada Otoritas          and submitting it to the Financial Services Authority
  Jasa Keuangan dan pemangku kepentingan sesuai           and stakeholders according to applicable regulations,
  ketentuan yang berlaku, serta menyajikan laporan        and presenting the report on the Company’s website
  tersebut di dalam situs Perseroan www.maybankfinance.   www.maybankfinance.co.id.
  co.id.




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Page 263
  TANGGUNG JAWAB
SOSIAL PERUSAHAAN
   Corporate Social Responsibility
Page 264
  Perseroan memahami pentingnya tanggung jawab           The Company understands the importance of corporate
  sosial perusahaan (CSR) dalam mendukung pencapaian     social responsibility (CSR) in supporting the
  Tujuan Pembangunan Berkelanjutan (TPB) dan             achievement of the Sustainable Development Goals
  berkomitmen untuk menjadi agen perubahan positif       (SDGs) and is committed to being an agent of positive
  dalam masyarakat. Melalui penerapan prinsip keuangan   change in society. Through the implementation of
  berkelanjutan yang mencakup aspek lingkungan,          sustainable finance principles that include
  sosial, dan tata kelola (environmental, social, and    environmental, social, and governance (ESG) aspects,
  governance/ESG), perusahaan ini berusaha untuk         the company strives to create a broader positive
  menciptakan dampak positif yang lebih luas di          impact on its surroundings. The main focus of PT
  sekitarnya. Fokus utama PT Maybank Indonesia           Maybank Indonesia Finance in its corporate social
  Finance dalam kegiatan tanggung jawab sosial           responsibility activities are efforts to preserve the
  perusahaan adalah upaya melestarikan lingkungan,       environment, Labor, Health, and Safety (K3), social
  Ketenagakerjaan, Kesehatan, dan Keselamatan Kerja      and community development, and responsibility to
  (K3), pengembangan sosial dan kemasyarakatan,          customers.
  dan tanggung jawab terhadap debitur.

  Pada bidang lingkungan, Perseroan berkomitmen          On the environment, the Company is committed to
  untuk melindungi lingkungan hidup dengan mengurangi    protecting the environment by reducing the negative
  dampak negatif dari operasinya. Hal ini termasuk       impacts of its operations. This includes managing
  mengelola limbah secara bertanggung jawab,             waste responsibly, reducing energy consumption,
  mengurangi konsumsi energi, dan mendukung inisiatif    and supporting environmental conservation initiatives.
  konservasi lingkungan. Pada aspek K3, Perseroan        On the OHS aspect, the Company ensures that their
  memastikan bahwa lingkungan kerja mereka aman,         work environment is safe, healthy and inclusive for
  sehat, dan inklusif bagi semua karyawan. Di bidang     all employees. On the social and community front,
  sosial dan kemasyarakatan, Perseroan terlibat dalam    the Company is involved in various activities such as
  berbagai kegiatan seperti pendidikan, pengentasan      education, poverty alleviation, and local economic
  kemiskinan, dan pengembangan ekonomi lokal.            development. As part of its responsibility to customers,
  Sebagai bagian dari tanggung jawab terhadap debitur,   the Company ensures that its products and services
  Perseroan memastikan bahwa produk dan layanan          can provide benefits to customers without causing
  dapat memberikan manfaat kepada debitur tanpa          undesirable risks by implementing practices of
  menimbulkan risiko yang tidak diinginkan dengan        transparency, honesty, and compliance with applicable
  menerapkan praktik transparansi, kejujuran, dan        standards and regulations.
  kepatuhan terhadap standar dan ketentuan yang
  berlaku.

  DASAR HUKUM                                            LEGAL BASIS
  Perseroan melaksanakan CSR dengan mengacu pada         The Company implements CSR by referring to the
  peraturan berikut:                                     following regulations:
     1. Undang-Undang No.40 Tahun 2007 tentang               1. Law No.40 of 2007 on Limited Liability
        Perseroan Terbatas;                                     Companies;
     2. Undang-Undang No.13 Tahun 2003 tentang               2. Law No.13 of 2003 on Manpower;
        Ketenagakerjaan;
     3. Peraturan Pemerintah No.47 Tahun 2012 tentang       3. Government Regulation No.47 of 2012 on Social
        Tanggung Jawab Sosial dan Lingkungan                   and Environmental Responsibility of Limited
        Perseroan Terbatas; dan                                Liability Companies; and
     4. Peraturan Otoritas Jasa Keuangan No.51/             4. Financial Services Authority Regulation No.51/
        POJK.03/2017 tentang Penerapan Keuangan                POJK.03/2017 on Implementation of Sustainable
        Berkelanjutan bagi Lembaga Jasa Keuangan,              Finance for Financial Services Institutions,
        Emiten, dan Perusahaan Publik.                         Issuers, and Public Companies.




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                                                                                             Sosial Perusahaan
                                                                                       Corporate Social Responsibility




REALISASI ANGGARAN KEGIATAN CSR                         REALIZATION OF BUDGET FOR CSR
TAHUN 2023                                              ACTIVITIES IN 2023

Pada tahun 2023, Maybank Finance mengalokasikan         In 2023, Maybank Finance allocated funds for CSR
dana untuk kegiatan CSR sebesar Rp350.190.000.          activities of Rp350,190,000. This amount is in
Besaran ini telah sesuai dengan peraturan perundangan   accordance with the prevailing laws and regulations
yang berlaku di Indonesia dan seluruhnya telah          in Indonesia and all of them have been used for the
digunakan untuk kegaiatan CSR Perseroan.                Company’s CSR activities.



Komitmen Tanggung Jawab Lingkungan Hidup
Environmental Responsibility Commitment

Sebagai perusahaan yang bergerak dalam bidang           As a company engaged in financial services, the
layanan keuangan, kegiatan usaha Perseroan tidak        Company’s business activities do not have a direct
memiliki dampak langsung pada lingkungan. Namun         impact on the environment. However, the Company
demikian Perseroan tetap mengedepankan komitmen         continues to prioritize the commitment of responsibility
tanggung jawab untuk memperhatikan dan menjaga          to pay attention to and preserve the environment by
kelestarian lingkungan hidup dengan mengelola jejak     managing its carbon footprints from its operational
karbon dari kegiatan operasionalnya.                    activities.

Dalam hal ini, Perseroan mengupayakan pengelolaan       In this regard, the Company conducts environmental
lingkungan hidup serta menerapkan beberapa              management and implements some policies and
kebijakan dan program, yang meliputi:                   programs, including:
   1. Kantor Ramah Lingkungan                               1. Environmentally-Friendly Office
      a. Penggunaan Kertas                                      a. Paper Consumption
         Meminimalisasi pemakaian kertas serta                     Minimizing paper consumption and re-use
         menggunakan kertas bekas untuk mencetak                   of used paper to print internal documents
         dokumen-dokumen yang bersifat internal                    as well as to optimize the use of email as
         dan mengoptimalkan penggunaan surat                       media for disseminating announcements
         elektronik (email) sebagai media untuk                    or information internally within the Company.
         menyebarluaskan pengumuman atau
         sosialisasi di internal perusahaan.
      b. Penghematan Energi                                   b. Energy Saving
         Dalam kegiatan operasional, Perseroan                   In its operations, the Company has conducted
         telah melakukan penghematan listrik dengan              electricity saving by reducing the number
         cara mengurangi jumlah lampu atau tidak                 of lamps or turning lights off when the
         menyalakan lampu jika cahaya dari luar                  sunlight is still sufficient, and using energy-
         masih memadai, dan mempergunakan                        saving electrical appliances.
         peralatan listrik yang hemat energi.
      c. Penggunaan Air                                       c. Water Consumption
         Perseroan berusaha semaksimal mungkin                   The Company gives its best effort to use
         untuk memanfaatkan air seefisien dan                    water as efficiently and effectively as
         seefektif mungkin. Penggunaan air dalam                 possible. Water consumption in the
         kegiatan usaha Perseroan terutama untuk                 Company’s business operations is for
         konsumsi, penunjang sanitasi, dan kebersihan            drinking, sanitation support, and
         tempat kerja. Untuk kantor pusat, air                   housekeeping at workplace. For the Head
         bersumber dari air yang dikelola oleh                   Office, the water is supplied by the building
         pengelola gedung.                                       management.




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      2. Pertimbangan Aspek Lingkungan dalam                   2. Consideration on Environmental Aspect in
         Pemberian Kredit kepada Debitur                          Providing Loan to the Customer
         Sebagai perusahaan yang bergerak di bidang               As a financing institution, the Company
         jasa pembiayaan, Perseroan telah melaksanakan            implements green financing. Limitation of used
         green financing. Pembatasan terhadap                     car financing is set in consideration of the
         pembiayaan mobil bekas dilakukan dengan                  vehicle’s age, which is maximum 5 years. The
         mempertimbangkan usia kendaraan, yakni                   Company increase the disbursement of electric
         maksimal 5 tahun. Perseroan juga meningkatkan            and hybrid vehicles financing. This consideration
         pembiayaan mobil listrik dan hybrid. Dasar               base is intended to minimize vehicle emission
         pertimbangan ini ditujukan untuk meminimalkan            that may cause air pollution.
         emisi kendaraan yang dapat mengakibatkan
         polusi udara.
      3. Pengelolaan Limbah                                    3. Waste Management
         Perseroan yang bergerak dalam industri                   As a financing company, Maybank Finance
         pembiayaan menghasilkan limbah berupa                    creates waste, including plastic waste, paper,
         sampah plastik, kertas, dan air kotor. Limbah            and waste water. Based on the Ministry of
         tersebut tidak termasuk ke dalam kategori                Environment of Indonesia, those waste are not
         limbah Bahan Berbahaya dan Beracun (B3)                  included in the Hazardous and Toxic waste list.
         berdasarkan ketentuan Kementerian Lingkungan             However, the Company at all times manage
         Hidup Republik Indonesia. Meski demikian,                their waste water to reduce the environmental
         Perseroan senantiasa melakukan pengelolaan               impact.
         limbah dari pemakaian air agar tidak menimbulkan
         dampak negatif terhadap lingkungan.
      4. Program Corporate Fellowship UNICEF                   4. Corporate Fellowship Program UNICEF
         Pada tahun 2023, Perseroan memberikan                    In 2023, the Company delivers its contribution
         kontribusi kepada masyarakat melalui Program             to the society through Corporate Fellowship
         Corporate Fellowship UNICEF untuk mendukung              Program UNICEF to support its efforts in
         upaya-upaya dalam meningkatkan kesejahteraan             improving the welfare of Indonesian children
         anak-anak Indonesia dalam bidang Pendidikan,             in Education, Health, Nutrition, Water and
         Kesehatan, Nutrisi, Air dan Sanitasi, serta              Sanitation, and Child Protection.
         Perlindungan Anak.
      5. Program 1000 Bibit Mangrove untuk Pantai              5. 1000 Mangrove Seedlings Program for KSS
         KSS                                                      Beach
         Perseroan turut berpartisipasi dalam program             The Company participated in a program to
         pemberian bibit mangrove untuk program                   provide mangrove seedlings for an environmental
         pelestarian lingkungan di kawasan Pantai KSS.            conservation program in the KSS Beach area.
      6. Program Bantuan Air Bersih untuk Kampung              6. Clean Water Assistance Program for Cibanteng
         Cibanteng                                                Village
         Perseroan memberikan bantuan penyediaan                  The Company provides clean water supply
         air bersih bagi warga di Kampung Cibanteng.              assistance for residents in Cibanteng Village.

  PENGHARGAAN DAN SERTIFIKASI, SERTA                        AWARDS AND CERTIFICATION, AND
  PENANGANAN MASALAH LINGKUNGAN                             HANDLING OF ENVIRONMENTAL ISSUES
  HIDUP
  Hingga saat ini, Perseroan belum memiliki sertifikasi     So far, the Company has not obtained any certificate
  yang berkaitan dengan lingkungan hidup, mengingat         related to environment as its present business
  kegiatan usaha yang dijalankan Perseroan saat ini         operations do not make any direct impact on
  tidak memiliki dampak langsung pada keberlangsungan       environmental sustainability nor establish any complaint
  lingkungan dan tidak membentuk mekanisme                  mechanism for environmental issues.
  pengaduan masalah lingkungan hidup.




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                                                                                                Sosial Perusahaan
                                                                                          Corporate Social Responsibility




DAMPAK KEGIATAN                                           IMPACT OF ACTIVITIES

Dampak positif dari kegiatan CSR terkait lingkungan       Positive impact of these CSR activities on environment
hidup ini dapat meminimalisasi dampak negatif             could minimize negative impact of business operations
terhadap lingkungan dari kegiatan usaha, dan              on environment, and achieve target of operating cost
tercapainya target efisiensi biaya operasional yang       efficiency as a result of saving of electricity, water,
berasal dari penghematan penggunaan listrik, air,         paper, and other office stationery.
kertas dan perlengkapan kantor lainnya.



Tanggung Jawab Terhadap Ketenagakerjaan,
Kesehatan, dan Keselamatan Kerja
Responsibility to Employment, Occupational Health, and Safety

Perseroan senantiasa berupaya meningkatkan kondisi        The Company always strives to improve working
lingkungan kerja sebagai bagian dari strategi mengelola   environment conditions as part of its HR management
SDM sesuai peraturan perundang-undangan yang              strategy in accordance with applicable laws and
berlaku. Hal ini dilakukan untuk memberikan rasa          regulations. This is done to provide employees with
aman dan nyaman kepada para pegawai sehingga              a sense of security and comfort so that they can
dapat meningkatkan produktivitasnya dan memastikan        increase their productivity and ensure that they can
mereka dapat bekerja dengan optimal. Upaya tersebut       work optimally. These efforts include creating safe
antara lain dilakukan dengan menciptakan kondisi          and healthy working conditions, cultivating a
lingkungan kerja yang aman dan sehat, menumbuhkan         harmonious working relationship between management
hubungan kerja yang harmonis antara manajemen             and all employees, and minimizing the potential for
dengan seluruh karyawan, serta meminimalisir potensi      work accidents and illnesses arising from work
terjadinya kecelakaan kerja dan penyakit yang timbul      activities.
dari aktivitas kerja.

KETENAGAKERJAAN                                           EMPLOYMENT
Program-program terkait ketenagakerjaan yang              Employment-related programs that were implemented
diimplementasikan sepanjang tahun 2023 antara lain        throughout 2023 include the following:
adalah sebagai berikut:
   1. Kesetaraan Gender dan Kesempatan Kerja                 1. Gender Equality and Job Opportunities
      Perseroan memberikan kesempatan kerja yang                The Company provides equal employment
      sama bagi semua kandidat karyawan, baik                   opportunities for all candidate employees, both
      pria maupun wanita, tanpa memandang suku,                 male and female, regardless of ethnicity, religion,
      agama, ras, golongan politik dan tingkatan                race, political class and social level. The Company
      sosial. Perseroan juga telah memastikan bahwa             has also ensured that there is no form of
      tidak terdapat bentuk diskriminasi apapun                 discrimination whatsoever regarding gender
      terkait perbedaan gender pada aktivitas                   differences in its operational activities.
      operasional yang dijalankan.

      Hingga akhir tahun 2023, Perseroan memiliki               Until the end of 2023, the Company has 909
      909 karyawan dengan komposisi 751 karyawan                employees with a composition of 751 male
      pria dan 158 karyawan wanita yang tersebar                employees and 158 female employees spread
      di seluruh jaringan kantor.                               across the office network.




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      2. Program Pendidikan dan Pelatihan                    2. Education and Training Program
         Setiap karyawan memiliki kesempatan yang               Every employee has the same opportunity to
         sama untuk mengikuti program pendidikan                take part in education and training programs.
         dan pelatihan. Dalam pelaksanaanya,                    In its implementation, participation in education
         keikutsertaan dalam program pendidikan dan             and training programs is tailored to the needs
         pelatihan ini disesuaikan dengan kebutuhan             and development plans of the company.
         dan rencana pengembangan perusahaan.
      3. Remunerasi                                          3. Remuneration
         Perseroan mentaati semua aturan yang berlaku           The Company complies with all applicable rules
         terkait remunerasi, dimana besaran remunerasi          regarding remuneration, in which the amount
         seluruh karyawan telah sesuai atau berada di           of remuneration for all employees is in
         atas standar Upah Minimum yang berlaku di              accordance with or above the Minimum Wage
         wilayah operasional Perseroan.                         standard applicable in the operational area of
                                                                the Company.
      4. Tingkat Perputaran Karyawan                         4. Employee Turnover
         Pada tahun 2023, tingkat perputaran mencapai           In 2023, the turnover rate reached 7.97%,
         7,97% naik dibandingkan tahun sebelumnya               increased from 7.12% in the previous year.
         sebesar 7,12%.
      5. Sarana Pengaduan Masalah Ketenagakerjaan            5. Manpower Problem Complaints Facility
         Perseroan telah menyediakan sarana pengaduan           The Company has provided a means of
         terkait masalah ketenagakerjaan bagi karyawan.         complaints related to labor issues for employees.
         Pengaduan masalah ketenagakerjaan ini dapat            Complaints on labor issues can be submitted
         disampaikan secara langsung kepada pihak               directly to the Human Resources Department.
         Departemen Sumber Daya Manusia.

  DAMPAK KEGIATAN                                         IMPACT OF ACTIVITIES
  Kegiatan CSR terkait ketenagakerjaan telah efektif      CSR activities related to employment have been
  sesuai dengan tujuannya dalam rangka memenuhi           effective in accordance with their objectives in order
  terciptanya lingkungan kerja yang profesional, aman,    to create a professional, safe, comfortable and family-
  nyaman dan bersifat kekeluargaan, yang menjamin         like work environment, which ensures optimal
  optimalnya kinerja para karyawan, sehingga efektif      performance of employees, so as to effectively support
  mendukung berjalannya kegiatan operasional              the company’s operational activities.
  perusahaan.

  KESEHATAN DAN KESELAMATAN KERJA                         OCCUPATIONAL HEALTH AND SAFETY
  Perseroan menyelenggarakan upaya perlindungan           The Company carries out efforts to protect occupational
  kesehatan dan keselamatan kerja di lingkungan           health and safety in the internal environment, including
  internal, diantaranya melalui:                          through:
     1. Memberikan fasilitas asuransi kesehatan dan          1. Providing medical insurance and life insurance
        asuransi jiwa bagi seluruh karyawan dan                  for all employees and enrolling them in the
        mengikutsertakan mereka pada program                     Social Security Administering Body (BPJS)
        asuransi kesehatan Badan Penyelenggara                   health insurance program. Apart from BPJS
        Jaminan Sosial (BPJS). Selain BPJS Kesehatan,            Kesehatan, the Company also includes
        Perseroan juga mengikutsertakan karyawan                 employees in the BPJS Ketenagakerjaan
        pada program BPJS Ketenagakerjaan dengan                 program with programs that include the Pension
        program yang meliputi Program Jaminan Hari               Security Program (JHT), Work Accident Security
        Tua (JHT), Program Jaminan Kecelakaan Kerja              Program (JKK), Death Security Program, and
        (JKK), Program Jaminan Kematian, dan Jaminan             Pension Security (JP).
        Pensiun (JP).




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                                                                                               Sosial Perusahaan
                                                                                         Corporate Social Responsibility




   2. Perseroan telah menyediakan sarana                    2. The Company has provided work safety facilities,
      keselamatan kerja, seperti tersedianya alat              such as the availability of light fire extinguishers
      pemadam api ringan (APAR) dan hydrant,                   (APAR) and hydrant, evacuation route
      petunjuk jalur evakuasi, simulasi evakuasi               instructions, emergency evacuation simulations,
      keadaan darurat, sprinkle, dan alat deteksi              sprinklers, and smoke detection tools.
      asap.
   3. Hingga 31 Desember 2023, Perseroan mencatat           3. Until December 31, 2023, the Company noted
      tidak adanya kecelakaan kerja yang menimpa               that there were no work accidents that befell
      karyawan saat sedang menunaikan tugas dan                employees while carrying out their duties and
      tanggung jawabnya di lingkungan Perseroan.               responsibilities within the Company.

DAMPAK KEGIATAN                                          IMPACT OF ACTIVITIES
Terkait dengan praktik kesehatan dan keselamatan         Regarding occupational health and safety practices
kerja bagi karyawan diharapkan dapat mencegah            for employees, it is hoped that it can prevent work
timbulnya kecelakaan kerja dan terjaganya kesehatan      accidents and maintain employee health. This has a
bagi karyawan. Hal ini berdampak positif mengingat       positive impact considering that there have been no
tidak adanya kecelakaan kerja di lingkungan Perseroan    work accidents in the Company’s environment (zero
(zero accident) sepanjang tahun 2023.                    accident) throughout 2023.



Tanggung Jawab Terhadap
Pengembangan Sosial dan Kemasyarakatan
Responsibility to Social and Community Development

Perseroan menyadari bahwa keberlangsungan bisnis         The Company acknowledges the role and contribution
Perseroan tidak lepas dari peran dan kontribusi          the surrounding community makes for its business
masyarakat sekitar. Untuk itu, di tahun 2023 Perseroan   sustainability. Therefore, the Company maximizes
kembali memaksimalkan kegiatan CSR terhadap              again its CSR activities in 2023 in social and community
aspek pengembangan sosial dan kemasyarakatan             aspects, including in education, financial literacy, and
khususnya berfokus pada sektor pendidikan, literasi      the use of local work force.
keuangan, dan penggunaan tenaga kerja lokal.

   1. Penggunaan Tenaga Lokal                               1. Use of Local Workers
      Perseroan telah mempekerjakan 909 tenaga                 The Company hires 909 workers whom are all
      kerja yang sepenuhnya terdiri dari tenaga kerja          local workers. The number of workers is in
      lokal. Jumlah tersebut disesuaikan dengan                accordance with the Company’s need of human
      tingkat kebutuhan Perseroan akan sumber                  resources.
      daya manusia.
   2. Literasi Keuangan                                     2. Financial Literacy
      Perseroan turut serta menyelenggarakan                   The Company participates in a financial literacy
      program literasi keuangan yang bertujuan                 program aiming to educate the community on
      mengedukasi masyarakat tentang pentingnya                the importance of early financial literacy and
      literasi keuangan sejak dini dan memberikan              to give an overview of financing institution and
      gambaran umum mengenai lembaga                           financial products. Activities of the financial
      pembiayaan serta produk keuangan. Berikut                literacy program which the Company conducted
      program kegiatan literasi keuangan yang                  in 2023 are as follow:
      diadakan Perseroan pada tahun 2023:




                                                                                                                      269
Page 270
                    Program                                   Lokasi                               Peserta
                                                             Location                             Participant

      Literasi Keuangan dengan                   Jakarta                              Mahasiswa
      Universitas Persada Indonesia YAI                                               Students
      Financial Literacy with Universitas
      Persada Indonesia YAI
      Literasi Keuangan dengan Warga             Desa Mekarmaju Bandung, Jawa         Masyarakat setempat
      Desa Mekarmaju Bandung, Jawa               Barat                                Local communities
      Barat
      Financial Literacy with Mekarmaju
      Villagers Bandung, West Java


        3. Sumbangan dan Donasi Lainnya                                 3. Contributions and Other Kinds of Donations
           Perseroan terlibat dalam berbagai aktivitas                     The Company participates in various community
           masyarakat dengan melakukan pemberian                           activities by giving contribution and donation
           sumbangan dan donasi dalam berbagai bentuk,                     in various forms, as shown below:
           sebagaimana ditunjukkan berikut ini:


                                       Program                                                    Biaya
                                                                                                  Cost

      Program Bantuan Lansia dan Anak – Anak                                                                Rp20.000.000
      Elderly and Children Assistance Program
      Program Donor Darah                                                                                    Rp3.400.000
      Blood Donation Program
      Platinum Fellowship UNICEF                                                                            Rp180.000.000
      Platinum Fellowship UNICEF
      CSR MIF – UNICEF Penanganan Anak Gizi Buruk Indonesia                                                 Rp25.000.000
      CSR of MIF - UNICEF Child Malnutrition Response Indonesia


        4. Penerapan Kebijakan Antikorupsi                              4. The Application of Anti-Corruption Policies
           Perseroan membekali seluruh karyawan, debitur,                  The Company has run anti-corruption campaigns
           dan mitra usaha dengan pemahaman anti                           to all employees, customers, and business
           korupsi. Kebijakan antikorupsi telah diatur                     partners. The anti- corruption policy has been
           dalam SOP Penerapan Strategi Anti-Fraud                         specified in Anti-corruption policies have been
           yang telah disahkan pada tahun 2020 dan                         regulated in the SOP on the Implementation
           harus dipatuhi oleh seluruh jenjang organisasi.                 of Anti-Fraud Strategy which was established
           Pada tahun 2023, seluruh karyawan terus                         in 2020 and must be observed by all levels of
           menerapkan kebijakan antikorupsi guna                           the organization. In 2023, all employees must
           mencegah adanya praktik korupsi, kolusi, dan                    implement the anti-corruption policy to prevent
           nepotisme antara karyawan dengan semua                          corruption, collusion, and nepotism practices
           debitur dan mitra usaha.                                        between employees and customers and business
                                                                           partners.

  DAMPAK KEGIATAN                                                 IMPACT OF ACTIVITIES
  Kegiatan pengembangan sosial dan kemasyarakatan                 Activities of social development program undertaken
  yang dilaksanakan Perseroan memberikan manfaat                  by the Company have given benefits, i.e. improved
  yaitu meningkatnya taraf hidup, ilmu pengetahuan,               life standard, knowledge, and welfare of the community.
  dan kesejahteraan masyarakat. Melalui program                   Through the program, the Company has also obtained
  tersebut, Perseroan juga mendapatkan manfaat                    benefits as trust and positive perception from the
  berupa mendapatkan kepercayaan dan perspektif                   community.
  positif dari masyarakat.




270       2023 Laporan Tahunan
                       Annual Report
Page 271
                                                                                             Tanggung Jawab
                                                                                            Sosial Perusahaan
                                                                                      Corporate Social Responsibility




Tanggung Jawab Terhadap Debitur
Responsibility to Customers

Komitmen Perseroan dalam mewujudkan tanggung            The Company commits to perform its responsibility
jawab kepada debitur bukan hanya dari segi produk,      to costumers, not only in terms of products, but also
tapi juga layanan yang terpercaya, konsisten, aman      in providing services that are reliable, consistent,
dan totalitas dalam memenuhi seluruh kebutuhan          secure, and in totality to fulfil all needs of the
masyarakat. Beberapa langkah yang dilakukan oleh        community. Several steps have been taken by the
Perseroan untuk mewujudkan tanggung jawab tersebut      Company to perform its responsibility are as follows:
sebagai berikut:
   1. Peningkatan Kualitas Layanan                         1. Improving the Service Quality
       Guna meningkatkan kualitas pelayanan,                  In order to improve the service quality, the
       Perseroan telah menyediakan ruang khusus               Company has provided a special playroom for
       bermain untuk anak dan ruang laktasi untuk             children and a lactation room for nursing
       ibu menyusui. Fasilitas ini bertujuan untuk            mothers. This facility aims to fill the time of
       mengisi waktu para debitur yang datang ke              customers who visit the Company’s head office.
       kantor pusat Perseroan. Ruang bermain anak             Children’s playroom is designed in a glass room
       didesain dalam ruang kaca dengan dilengkapi            with games and reading books. Meanwhile, the
       dengan permainan hingga buku bacaan.                   lactation room which is right next to the
       Sementara, ruang laktasi yang berada tepat             playroom is adequate as a closed room for
       di sebelah ruang bermain, memadai sebagai              breastfeeding.
       ruang tertutup untuk menyusui.
   2. Survei Kepuasan Debitur                              2. Customer Satisfaction Survey
       Perseroan telah melakukan survei kepuasan              The Company has conducted a customer
       debitur di wilayah Jabodetabek dan 5 kota              satisfaction survey in Jabodetabek area and
       besar lainnya bekerja sama dengan Lembaga              other 5 big cities in cooperation with a Survey
       Survei. Pada tahun 2023, hasil survei kepuasan         Institute. In 2023, the results of the customer
       debitur naik sebesar 9,16% dibandingkan tahun          satisfaction survey were increased by 9.16%
       2022.                                                  compared to 2022.
   3. Informasi Layanan dan Sarana Pengaduan               3. Service Information and Customer Complaint
       Debitur                                                Facilities
       Perseroan telah menyediakan media bagi                 The Company provides several media for
       debitur, baik untuk memperoleh informasi               customers to acquire the Company’s service
       layanan Perseroan, mengajukan pengaduan,               information, lodge complaints, or offer
       maupun memberikan saran melalui:                       suggestions, by means of the following:
       • Website : www.maybankfinance.co.id                   • Website : www.maybankfinance.co.id
       • Call Center : 0804 1168 811                          • Call Center : 0804 1168 811
       • SMS Center : 0818 0216 8811                          • SMS Center : 0818 0216 8811
       • Email : cs@maybankfinance.co.id                      • Email : cs@maybankfinance.co.id

Selain melalui media tersebut, Perseroan juga selalu    Through the provided media, the Company is always
siap melayani dan menindaklanjuti setiap aduan bagi     ready to serve and follow up any complaint of customer
debitur yang datang langsung kepada Customer            visiting Customer Service in each branch office of
Service di setiap kantor cabang Perseroan.              the Company.




                                                                                                                    271
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                               This page is Intentionally left blank




272   2023 Laporan Tahunan
               Annual Report
Page 273
                                                                                           Tanggung Jawab
                                                                                          Sosial Perusahaan
                                                                                    Corporate Social Responsibility




     Surat Pernyataan Dewan Komisaris dan Direksi
             tentang Tanggung Jawab atas
  Laporan Tahunan 2023 PT Maybank Indonesia Finance
                Statement of the Board of Commissioners and
              the Board of Directors on the Responsibility for the
             2023 Annual Report of PT Maybank Indonesia Finance


Kami, yang bertanda tangan di bawah ini, menyatakan   We, the undersigned, hereby declare that the 2023
bahwa semua informasi dalam Laporan Tahunan           Annual Report of PT Maybank Indonesia Finance has
PT Maybank Indonesia Finance tahun 2023 telah         already contained a complete information and we
dimuat secara lengkap dan bertanggung jawab           shall be fully responsible for the correctness of the
penuh atas kebenaran isi Laporan Tahunan Perseroan.   Company’s Annual Report content.

Demikian pernyataan ini dibuat dengan sebenarnya.     This statement is hereby made in all truthfulness.



                                   Jakarta, Maret 2024 | March 2024

                                           Dewan Komisaris
                                        Board of Commissioners




              Deswandhy Agusman                                        Steffano Ridwan
        Presiden Komisaris (Independen)                                   Komisaris
     President Commissioner (Independent)                               Commissioner




                                                Direksi
                                           Board of Directors




        Miki Effendi Lim                       Alexander                        Arief Soerendro
            Direktur                       Presiden Direktur                        Direktur
            Director                       President Director                       Director




                                                                                                                 273
Page 274

          
Page 275
 LAPORAN
KEUANGAN
Financial Statement
Page 276
PT Maybank Indonesia Finance

Laporan keuangan tanggal 31 Desember 2023
dan untuk tahun yang berakhir
pada tanggal tersebut
beserta laporan auditor independen/
Financial statements
as of December 31, 2023
and for the year then ended
with independent auditor’s report
Page 277

          
Page 278
                                                                                                        The original financial statements
                                                                                         included herein are in the Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                             PT MAYBANK INDONESIA FINANCE
             LAPORAN KEUANGAN                                                         FINANCIAL STATEMENTS
          TANGGAL 31 DESEMBER 2023                                                   AS OF DECEMBER 31, 2023
       DAN UNTUK TAHUN YANG BERAKHIR                                                         AND FOR
           PADA TANGGAL TERSEBUT                                                       THE YEAR THEN ENDED
     BESERTA LAPORAN AUDITOR INDEPENDEN                                        WITH INDEPENDENT AUDITORS’ REPORT



                          Daftar Isi                                                           Table of Contents


                                                               Halaman/
                                                                Page


Laporan Auditor Independen                                                                             Independent Auditor’s Report

Laporan Posisi Keuangan ….……..…………………….                          1-3      ………………………… Statement of Financial Position

Laporan Laba Rugi dan                                                                 Statement of Profit or Loss and
    Penghasilan Komprehensif Lain .…….………………                     4        …………………….Other Comprehensive Income

Laporan Perubahan Ekuitas ………...............................     5        ………………………... Statement of Changes in Equity

Laporan Arus Kas …….…..……………………………….                             6-7      ……………………………….. Statement of Cash Flows

Catatan atas Laporan Keuangan …….…....................... 8-126           ............................... Notes to the Financial Statements


                                                      **************************
Page 279
                                                                            The original report included herein is in
                                                                                           the Indonesian language.



Laporan Audit or Independen                             Independent Audit or’s Report

Laporan No.      00074/ 2.1032/ AU.1/ 09/ 0703-         Report       No.   00074/ 2.1032/ AU.1/ 09/ 0703-
3/ 1/ II/ 2024                                          3/ 1/ II/ 2024


Pemegang Saham, Dewan Komisaris                         The Shareholders, t he Board of Commissioners
dan Dewan Dir eksi                                      and the Board of Directors
PT Maybank Indonesia Finance                            PT Maybank Indonesia Finance


Laporan Audit at as Laporan Keuangan                    Report on t he Audit of t he Financial St at ement s

Opini                                                   Opinion

Kami telah mengaudit laporan keuangan                   We have audited the accompanying financial
PT Maybank Indonesia Finance (“ Perusahaan” )           statements of PT Maybank Indonesia Finance (the
terlampir, yang terdiri dari laporan posisi             “ Company” ), which comprise the statement of
keuangan tanggal 31 Desember 2023, serta                financial position as of December 31, 2023, and
laporan laba rugi dan penghasilan komprehensif          the statement of profit or loss and other
lain, laporan perubahan ekuitas, dan laporan arus       comprehensive income, statement of changes in
kas untuk tahun yang berakhir pada tanggal              equity, and statement of cash flows for the year
tersebut, serta catatan atas laporan keuangan,          then ended, and notes to the financial statements,
termasuk informasi kebijakan akuntansi material.        including material accounting policy information.

Menurut opini kami, laporan keuangan t erlampir         In our opinion, the accompanying financial
menyajikan secara wajar, dalam semua hal yang           statements present fairly, in all material respects,
material, posisi keuangan Perusahaan tanggal            the financial position of the Company as of
31 Desember 2023, serta kinerja keuangan dan            December 31, 2023, and it s financial performance
arus kasnya untuk tahun yang berakhir pada              and cash flows for the year then ended, in
tanggal tersebut, sesuai dengan Standar                 accordance with Indonesian Financial Accounting
Akuntansi Keuangan di Indonesia.                        Standards.




                                                    i
Page 280
                                                                                 The original report included herein is in
                                                                                                the Indonesian language.



Laporan Audit or Independen (lanjut an)                    Independent Audit or’s Report (cont inued)

Laporan No. 00074/ 2.1032/ AU.1/ 09/ 0703-                 Report       No.    00074/ 2.1032/ AU.1/ 09/ 0703-
3/ 1/ II/ 2024 (lanjutan)                                  3/ 1/ II/ 2024 (continued)


Basis opini                                                Basis for opinion

Kami melaksanakan audit kami berdasarkan                   We conducted our audit in accordance with
Standar Audit yang ditetapkan oleh Institut                Standards on Auditing established by the
Akuntan Publik Indonesia (“ IAPI” ). Tanggung              Indonesian Institute of Certified Public Accountants
jawab kami menurut standar tersebut diuraikan              (“ IICPA” ). Our responsibilities under those
lebih lanjut dalam paragraf Tanggung Jawab                 standards are further described in the Auditor’s
Auditor terhadap Audit atas Laporan Keuangan               Responsibilities for the Audit of the Financial
pada laporan kami. Kami independen terhadap                Statement s paragraph of our report. We are
Perusahaan berdasarkan ketentuan etika yang                independent of the Company in accordance with
relevan dalam audit kami atas laporan keuangan             the ethical requirements relevant to our audit of
di Indonesia, dan kami telah memenuhi tanggung             the financial statements in Indonesia, and we have
jawab etika lainnya berdasarkan ketentuan                  fulfilled our other ethical responsibilities in
tersebut. Kami yakin bahwa bukti audit yang telah          accordance with such requirements. We believe
kami peroleh adalah cukup dan tepat untuk                  that the audit evidence we have obtained is
menyediakan suatu basis bagi opini kami.                   sufficient and appropriate to provide a basis for our
                                                           opinion.

Hal audit ut ama                                           Key audit mat t ers

Hal audit utama adalah hal-hal yang, menurut               Key audit matters are those matters that , in our
pertimbangan profesional kami, merupakan hal               professional judgment, were of most significance in
yang paling signifikan dalam audit kami atas               our audit of the financial statements of the current
laporan keuangan periode kini. Hal audit utama             period. Such key audit matters were addressed in
tersebut disampaikan dalam konteks audit kami              the context of our audit of the financial statements
atas laporan keuangan secara keseluruhan, dan              taken as a whole, and in forming our opinion
dalam merumuskan opini kami atas laporan                   thereon, and we do not provide a separate opinion
keuangan terkait, dan kami tidak menyatakan                on such key audit matters. For the key audit matter
suatu opini terpisah atas hal audit utama tersebut.        below, our description of how our audit addressed
Untuk hal audit utama di bawah ini, penjelasan             such key audit matter is provided in such context.
kami tentang bagaimana audit kami merespons
hal tersebut disampaikan dalam konteks tersebut.




                                                      ii
Page 281
                                                                             The original report included herein is in
                                                                                            the Indonesian language.



Laporan Audit or Independen (lanjut an)                  Independent Audit or’s Report (cont inued)

Laporan No. 00074/ 2.1032/ AU.1/ 09/ 0703-               Report       No.    00074/ 2.1032/ AU.1/ 09/ 0703-
3/ 1/ II/ 2024 (lanjutan)                                3/ 1/ II/ 2024 (continued)


Hal audit Ut ama (lanjut an)                             Key audit mat t ers (cont inued)

Kami telah memenuhi tanggung jawab yang                  We have fulfilled the responsibilities described in
diuraikan dalam paragraf Tanggung Jawab                  the Auditor’s Responsibilities for the Audit of the
Auditor terhadap Audit atas Laporan Keuangan             Financial Statements paragraph of our report ,
pada laporan kami, termasuk sehubungan dengan            including in relation to the key audit matter
hal audit utama yang dikomunikasikan di bawah            communicated below. Accordingly, our audit
ini. Oleh karena itu, audit kami mencakup                included the performance of procedures designed
pelaksanaan prosedur yang didesain untuk                 to respond to our assessment of the risks of
merespons penilaian kami atas risiko kesalahan           material misstatement of the accompanying
penyajian material dalam laporan keuangan                financial statements. The results of our audit
terlampir. Hasil prosedur audit kami, termasuk           procedures, including the procedures performed to
prosedur yang dilakukan untuk merespons hal              address the key audit matter below, provide the
audit utama di bawah ini, menyediakan basis bagi         basis for our opinion on the accompanying financial
opini kami atas laporan keuangan terlampir.              statements.

Cadangan kerugian penurunan nilai atas piutang           Allowance for impairment losses on finance lease
sewa pembiayaan dan piutang pembiayaan                   receivables and consumer financing receivables
konsumen

Penjelasan atas hal audit utama:                         Description of the key audit matter:

Seperti yang dijelaskan dalam Catatan 5 dan 6            As described in Notes 5 and 6 to the accompanying
atas laporan keuangan terlampir, saldo cadangan          financial statements, the balances of allowance for
kerugian penurunan nilai atas piutang sewa               impairment losses on finance lease receivables and
pembiayaan dan piutang pembiayaan konsumen               consumer financing receivables are significant to
adalah signifikan terhadap laporan keuangan              the      Company’s      accompanying        financial
Perusahaan terlampir. Pada tanggal 31 Desember           statements. As of December 31, 2023, the
2023, saldo cadangan kerugian penurunan nilai            amounts of allowance for impairment losses of
atas piutang sewa pembiayaan dan piutang                 finance lease receivables and consumer financing
pembiayaan konsumen adalah masing-masing                 receivables are Rp16,376 million and Rp43,168
sebesar Rp16.376 juta dan Rp43.168 juta.                 million, respectively. Refer t o material accounting
Informasi kebijakan akuntansi material untuk             policy information of allowance for impairment
cadangan kerugian penurunan nilai atas piutang           losses in Note 2d to the accompanying financial
sewa pembiayaan dan piutang pembiayaan                   statements.
konsumen diungkapkan dalam Catatan 2d pada
laporan keuangan terlampir.




                                                   iii
Page 282
                                                                           The original report included herein is in
                                                                                          the Indonesian language.



Laporan Audit or Independen (lanjut an)                Independent Audit or’s Report (cont inued)

Laporan No. 00074/ 2.1032/ AU.1/ 09/ 0703-             Report       No.    00074/ 2.1032/ AU.1/ 09/ 0703-
3/ 1/ II/ 2024 (lanjutan)                              3/ 1/ II/ 2024 (continued)


Hal audit Ut ama (lanjut an)                           Key audit mat t ers (cont inued)

Cadangan kerugian penurunan nilai atas piutang         Allowance for impairment losses on finance lease
sewa pembiayaan dan piutang pembiayaan                 receivables and consumer financing receivables
konsumen (lanjutan)                                    (continued)

Penjelasan atas hal audit utama (lanjutan):            Description of the key audit matter (continued):

Penentuan cadangan kerugian penurunan nilai            Determination of allowance for impairment losses
memerlukan      pertimbangan signifikan dan            requires significant judgements and is subject to
memiliki ketidakpastian estimasi termasuk dalam        estimation uncertainty which includes determining
penentuan model untuk menghitung cadangan              the model to calculate allowance for impairment
kerugian penurunan nilai, identifikasi eksposur        losses, identification of credit exposures with
kredit yang mengalami penurunan kualitas kredit        significant deterioration in credit quality, and
yang signifikan, dan penentuan asumsi yang             determining assumptions used in the allowance for
digunakan dalam model perhitungan cadangan             impairment       losses    calculation    models,
kerugian penurunan nilai, yang memperhitungkan         incorporating forward-looking macroeconomic
faktor-faktor ekonomi makro berorientasi masa          factors.
depan.

Karena penentuan cadangan kerugian penurunan           Because the determination for allowance for
nilai atas piutang sewa pembiayaan dan piutang         impairment losses on finance lease receivables and
pembiayaan konsumen melibatkan pertimbangan            consumer financing receivables involves significant
dan estimasi signifikan dan nilai tercatatnya          judgement and estimates and the amounts are
signifikan, maka hal ini adalah hal audit utama        significant, it is a key audit matter for us.
bagi kami.




                                                  iv
Page 283
                                                                            The original report included herein is in
                                                                                           the Indonesian language.



Laporan Audit or Independen (lanjut an)                 Independent Audit or’s Report (cont inued)

Laporan No. 00074/ 2.1032/ AU.1/ 09/ 0703-              Report       No.    00074/ 2.1032/ AU.1/ 09/ 0703-
3/ 1/ II/ 2024 (lanjutan)                               3/ 1/ II/ 2024 (continued)


Hal audit Ut ama (lanjut an)                            Key audit mat t ers (cont inued)

Cadangan kerugian penurunan nilai atas piutang          Allowance for impairment losses on finance lease
sewa pembiayaan dan piutang pembiayaan                  receivables and consumer financing receivables
konsumen (lanjutan)                                     (continued)

Tanggapan audit:                                        Audit response:

Kami menguji pengendalian utama atas                    We tested the key controls over the origination,
pemberian, pencatatan dan pengawasan piutang            recording and monitoring of the finance lease and
sewa pembiayaan dan pembiayaan konsumen.                consumer finance receivables. We obtained
Kami memeroleh pemahaman dan menilai                    understanding       and      assessed    impairment
metodologi pengukuran penurunan nilai, validasi         measurement       methodologies, validation of
model cadangan kerugian penurunan nilai, data           allowance for impairment losses’ models, inputs,
masukan, dasar, dan asumsi yang digunakan oleh          bases, and assumptions used by the Company in
Perusahaan dalam         menghitung    cadangan         calculating the allowance for impairment losses,
kerugian penurunan nilai, serta menguji tiga            and tested the classification into three stage credit
tahapan kualitas kredit portofolio sesuai dengan        quality of loan portfolios in accordance with staging
kriteria tingkatan (staging) yang disusun oleh          criteria developed by the Company for finance
Perusahaan untuk piutang sewa pembiayaan dan            lease and consumer finance receivables. We tested
pembiayaan konsumen. Kami menguji apakah                whether historical experience is representative of
pengalaman historis mewakili keadaan saat ini dan       current circumstances and of the recent losses
kerugian terkini yang terjadi dalam portofolio,         incurred in the portfolios, and assessed
serta menilai kewajaran atas penyesuaian asumsi         reasonableness of forward-looking adjustments,
masa depan, analisis faktor ekonomi makro, dan          macroeconomic factor analysis, and probability-
beberapa skenario probabilitas tertimbang untuk         weighted multiple scenarios for finance lease and
piutang sewa pembiayaan dan pembiayaan                  consumer finance receivables. We checked the
konsumen.        Kami    memeriksa     ketepatan        accuracy of the calculation of the allowance for
perhitungan       jumlah    cadangan    kerugian        impairment losses amount by recalculating the
penurunan nilai dengan melakukan perhitungan            collective impairment assessment for the entire
ulang atas keseluruhan portofolio yang                  portfolio. We assessed whether the financial
penurunan nilainya dinilai secara kolektif. Kami        statements disclosures are adequately and
menilai apakah pengungkapan di laporan                  appropriately reflecting the Company’s exposures
keuangan       cukup    dan    secara   memadai         to credit risk. We involved our auditors’ internal
mencerminkan eksposur Perusahaan terhadap               expert to assist us in the performance of the above
risiko kredit . Kami melibatkan pakar auditor           procedures where their specific expertise was
internal kami untuk membantu kami dalam                 required.
melakukan prosedur-prosedur di atas ketika
keahlian spesifik mereka diperlukan.




                                                    v
Page 284
                                                                              The original report included herein is in
                                                                                             the Indonesian language.



Laporan Audit or Independen (lanjut an)                 Independent Audit or’s Report (cont inued)

Laporan No. 00074/ 2.1032/ AU.1/ 09/ 0703-              Report       No.    00074/ 2.1032/ AU.1/ 09/ 0703-
3/ 1/ II/ 2024 (lanjutan)                               3/ 1/ II/ 2024 (continued)


Informasi lain                                          Ot her informat ion

Manajemen bertanggung jawab atas informasi              Management is responsible for the other
lain. Informasi lain terdiri dari informasi yang        information. Other information comprises the
tercantum dalam Laporan Tahunan Tahun 2023              information included in the the 2023 Annual
PT Maybank Indonesia Finance (“ Laporan                 Report PT Maybank Indonesia Finance (“ The
Tahunan” ) selain laporan keuangan terlampir            Annual Report” ) other than the accompanying
dan laporan auditor independen kami. Laporan            financial statements and our independent auditor’s
Tahunan diharapkan akan tersedia bagi kami              report thereon. The Annual Report is expected to
setelah tanggal laporan auditor independen ini.         be made available to us after the date of this
                                                        independent auditor’s report.

Opini kami atas laporan keuangan terlampir tidak        Our opinion on the accompanying financial
mencakup Laporan Tahunan, dan oleh karena it u,         statements does not cover t he Annual Report, and
kami tidak menyatakan bentuk keyakinan apapun           accordingly, we do not express any form of
atas Laporan Tahunan tersebut.                          assurance on the Annual Report .

Sehubungan dengan audit kami atas laporan               In connection with our audit of the accompanying
keuangan terlampir, tanggung jawab kami adalah          financial statements, our responsibility is to read
untuk membaca Laporan Tahunan ketika tersedia           the Annual Report when it becomes available and,
dan,          dalam           melaksanakannya,          in doing so, consider whether the Annual Report is
mempertimbangkan apakah Laporan Tahunan                 materially inconsistent with the accompanying
mengandung      ketidakkonsistensian   material         financial statements or our knowledge obtained in
dengan laporan keuangan terlampir atau                  the audit, or otherwise appears to be materially
pemahaman yang kami peroleh selama audit,               misstated.
atau mengandung kesalahan penyajian material.

Ketika kami membaca Laporan Tahunan, jika               When we read the Annual Report , if we conclude
kami menyimpulkan bahwa terdapat suatu                  that there is a material misstatement therein, we
kesalahan penyajian material di dalamnya, kami          are required to communicate the matter to those
diharuskan    untuk mengomunikasikan        hal         charged with governance and take appropriate
tersebut kepada pihak yang bertanggung jawab            actions based on the applicable laws and
atas tata kelola dan melakukan tindakan yang            regulations.
tepat   berdasarkan peraturan perundang-
undangan yang berlaku.




                                                   vi
Page 285
                                                                             The original report included herein is in
                                                                                            the Indonesian language.



Laporan Audit or Independen (lanjut an)                   Independent Audit or’s Report (cont inued)

Laporan No. 00074/ 2.1032/ AU.1/ 09/ 0703-                Report       No.    00074/ 2.1032/ AU.1/ 09/ 0703-
3/ 1/ II/ 2024 (lanjutan)                                 3/ 1/ II/ 2024 (continued)


Tanggung jawab manajemen dan pihak yang                   Responsibilit ies of management and t hose
bert anggung jawab at as t at a kelola t erhadap          charged wit h governance for t he financial
laporan keuangan                                          st at ement s

Manajemen bertanggung jawab atas penyusunan               Management is responsible for the preparation and
dan penyajian wajar laporan keuangan tersebut             fair presentation of the financial statements in
sesuai dengan Standar Akuntansi Keuangan di               accordance with Indonesian Financial Accounting
Indonesia, dan atas pengendalian internal yang            Standards, and for such internal control as
dianggap perlu oleh manajemen untuk                       management determines is necessary to enable the
memungkinkan penyusunan laporan keuangan                  preparation of financial statements that are free
yang bebas dari kesalahan penyajian material,             from material misstatement, whether due to fraud
baik yang disebabkan oleh kecurangan maupun               or error.
kesalahan.

Dalam     penyusunan       laporan     keuangan,          In preparing the financial statements, management
manajemen bertanggung jawab untuk menilai                 is responsible for assessing the Company’s abilit y
kemampuan Perusahaan dalam mempertahankan                 to continue as a going concern, disclosing, as
kelangsungan usahanya, mengungkapkan, sesuai              applicable, matters related to going concern, and
dengan kondisinya, hal-hal yang berkaitan dengan          using the going concern basis of accounting, unless
kelangsungan usaha, dan menggunakan basis                 management either intends to liquidate the
akuntansi    kelangsungan      usaha,     kecuali         Company or to cease it s operations, or has no
manajemen memiliki intensi untuk melikuidasi              realistic alternative but to do so.
Perusahaan atau menghentikan operasi, atau
tidak memiliki alternatif yang realistis selain
melaksanakannya.

Pihak yang bertanggung jawab atas tata kelola             Those charged with governance are responsible for
bertanggung jawab untuk mengawasi proses                  overseeing the Company’s financial reporting
pelaporan keuangan Perusahaan.                            process.




                                                    vii
Page 286
                                                                               The original report included herein is in
                                                                                              the Indonesian language.



Laporan Audit or Independen (lanjut an)                    Independent Audit or’s Report (cont inued)

Laporan No. 00074/ 2.1032/ AU.1/ 09/ 0703-                 Report       No.    00074/ 2.1032/ AU.1/ 09/ 0703-
3/ 1/ II/ 2024 (lanjutan)                                  3/ 1/ II/ 2024 (continued)


Tanggung jawab audit or t erhadap audit at as              Audit or’s responsibilit ies for t he audit of t he
laporan keuangan                                           financial st at ement s

Tujuan kami adalah untuk memeroleh keyakinan               Our objectives are to obtain reasonable assurance
memadai tentang apakah laporan keuangan                    about whether the financial statements taken as a
secara keseluruhan bebas dari kesalahan                    whole are free from material misstatement,
penyajian material, baik yang disebabkan oleh              whether due to fraud or error, and to issue an
kecurangan maupun kesalahan, dan untuk                     independent auditor’s report that includes our
menerbitkan laporan auditor independen yang                opinion. Reasonable assurance is a high level of
mencakup opini kami. Keyakinan memadai                     assurance, but is not a guarantee that an audit
merupakan suatu tingkat keyakinan tinggi, namun            conducted in accordance with Standards on
bukan merupakan suatu jaminan bahwa audit                  Auditing established by the IICPA will always detect
yang dilaksanakan berdasarkan Standar Audit                a material misstatement when it exists.
yang ditetapkan oleh IAPI akan selalu mendeteksi           Misstatements can arise from fraud or error and
kesalahan penyajian material ketika hal tersebut           are considered material if, individually or in the
ada. Kesalahan penyajian dapat disebabkan oleh             aggregate, they could reasonably be expected to
kecurangan maupun kesalahan dan dianggap                   influence the economic decisions of users taken on
material jika, baik secara individual maupun               the basis of these financial statements.
agregat, dapat diekspektasikan secara wajar akan
memengaruhi keputusan ekonomi yang diambil
oleh pengguna berdasarkan laporan keuangan
tersebut.

Sebagai bagian dari suatu audit berdasarkan                As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami              Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan                    professional judgment and maintain professional
mempertahankan skeptisisme profesional selama              skepticism throughout the audit . We also:
audit. Kami juga:

   Mengidentifikasi dan menilai risiko kesalahan             Identify and assess the risks of material
    penyajian material dalam laporan keuangan,                 misstatement of the financial statements,
    baik yang disebabkan oleh kecurangan                       whether due to fraud or error, design and
    maupun      kesalahan,     mendesain      dan              perform audit procedures responsive to such
    melaksanakan prosedur audit yang responsif                 risks, and obtain audit evidence that is
    terhadap risiko tersebut, serta memeroleh                  sufficient and appropriate to provide a basis for
    bukti audit yang cukup dan tepat untuk                     our opinion. The risk of not detecting a material
    menyediakan basis bagi opini kami. Risiko                  misstatement resulting from fraud is higher
    tidak    terdeteksinya    suatu     kesalahan              than for one resulting from error, as fraud may
    penyajian material yang disebabkan oleh                    involve     collusion,    forgery,    intentional
    kecurangan lebih tinggi dari yang disebabkan               omissions, misrepresentations, or override of
    oleh kesalahan, karena kecurangan dapat                    internal control.
    melibat kan kolusi, pemalsuan, penghilangan
    secara sengaja, pernyataan salah, atau
    pengabaian atas pengendalian internal.



                                                    viii
Page 287
                                                                             The original report included herein is in
                                                                                            the Indonesian language.



Laporan Audit or Independen (lanjut an)                   Independent Audit or’s Report (cont inued)

Laporan No. 00074/ 2.1032/ AU.1/ 09/ 0703-                Report       No.    00074/ 2.1032/ AU.1/ 09/ 0703-
3/ 1/ II/ 2024 (lanjutan)                                 3/ 1/ II/ 2024 (continued)


Tanggung jawab audit or t erhadap audit at as             Audit or’s responsibilit ies for t he audit of t he
laporan keuangan (lanjut an)                              financial st at ement s (cont inued)

Sebagai bagian dari suatu audit berdasarkan               As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami             Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan                   professional judgment and maintain professional
mempertahankan skeptisisme profesional selama             skepticism throughout the audit. We also:
audit. Kami juga: (lanjutan)                              (continued)

   Memeroleh suatu pemahaman tentang                        Obtain an understanding of internal control
    pengendalian internal yang relevan dengan                 relevant to the audit in order to design audit
    audit untuk mendesain prosedur audit yang                 procedures that are appropriate in the
    tepat sesuai dengan kondisinya, tetapi bukan              circumstances, but not for the purpose of
    untuk tujuan menyatakan opini atas                        expressing an opinion on the effectiveness of
    keefektivitasan    pengendalian      internal             the Company’s internal control.
    Perusahaan.

   Mengevaluasi ketepatan kebijakan akuntansi               Evaluate the appropriateness of accounting
    yang digunakan serta kewajaran estimasi                   policies used and the reasonableness of
    akuntansi dan pengungkapan terkait yang                   accounting estimates and related disclosures
    dibuat oleh manajemen.                                    made by management.

   Menyimpulkan ketepatan penggunaan basis                  Conclude on        the appropriateness of
    akuntansi     kelangsungan      usaha     oleh            management's use of the going concern basis
    manajemen dan, berdasarkan bukti audit yang               of accounting and, based on the audit evidence
    diperoleh,     apakah     terdapat       suatu            obtained, whether a material uncertainty exists
    ketidakpastian material yang terkait dengan               related to event s or conditions that may cast
    peristiwa    atau    kondisi    yang     dapat            significant doubt on the Company's abilit y to
    menyebabkan keraguan signifikan atas                      continue as a going concern. If we conclude
    kemampuan           Perusahaan           untuk            that a material uncertaint y exists, we are
    mempertahankan kelangsungan usahanya.                     required to draw attention in our independent
    Ketika kami menyimpulkan bahwa terdapat                   auditor’s report to the related disclosures in
    suatu     ketidakpastian     material,    kami            the financial statements or, if such disclosures
    diharuskan untuk menarik perhatian dalam                  are inadequate, to modify our opinion. Our
    laporan auditor independen kami ke                        conclusion is based on the audit evidence
    pengungkapan      terkait    dalam     laporan            obtained up to the date of our independent
    keuangan atau, jika pengungkapan tersebut                 auditor’s report . However, future event s or
    tidak memadai, memodifikasi opini kami.                   conditions may cause the Company to cease to
    Kesimpulan kami didasarkan pada bukti audit               continue as a going concern.
    yang diperoleh hingga tanggal laporan auditor
    independen kami. Namun, peristiwa atau
    kondisi masa depan dapat menyebabkan
    Perusahaan tidak dapat mempertahankan
    kelangsungan usaha.


                                                     ix
Page 288
                                                                            The original report included herein is in
                                                                                           the Indonesian language.



Laporan Audit or Independen (lanjut an)                 Independent Audit or’s Report (cont inued)

Laporan No. 00074/ 2.1032/ AU.1/ 09/ 0703-              Report       No.    00074/ 2.1032/ AU.1/ 09/ 0703-
3/ 1/ II/ 2024 (lanjutan)                               3/ 1/ II/ 2024 (continued)


Tanggung jawab audit or t erhadap audit at as           Audit or’s responsibilit ies for t he audit of t he
laporan keuangan (lanjut an)                            financial st at ement s (cont inued)

Sebagai bagian dari suatu audit berdasarkan             As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami           Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan                 professional judgment and maintain professional
mempertahankan skeptisisme profesional selama           skepticism throughout the audit. We also:
audit. Kami juga: (lanjutan)                            (continued)

   Mengevaluasi penyajian, st ruktur, dan isi             Evaluate the overall presentation, structure,
    laporan keuangan secara keseluruhan,                    and content of the financial statements,
    termasuk pengungkapannya, dan apakah                    including the disclosures, and whether the
    laporan keuangan mencerminkan transaksi                 financial statements represent the underlying
    dan peristiwa yang mendasarinya dengan                  transactions and event s in a manner that
    suatu cara yang mencapai penyajian wajar.               achieves fair presentation.

Kami mengomunikasikan kepada pihak yang                 We communicate with those charged with
bertanggung jawab atas tata kelola mengenai,            governance regarding, among other matters, the
antara lain, ruang lingkup dan saat yang                planned scope and timing of the audit and
direncanakan atas audit serta temuan audit              significant audit findings, including any significant
signifikan, termasuk setiap defisiensi signifikan       deficiencies in internal cont rol that we identify
dalam pengendalian internal yang teridentifikasi        during our audit.
oleh kami selama audit.

Kami juga memberikan suatu pernyataan kepada            We also provide those charged with governance
pihak yang bertanggung jawab atas tata kelola           with a statement that we have complied with
bahwa kami telah mematuhi ketentuan etika yang          relevant     ethical requirements    regarding
relevan       mengenai      independensi,     dan       independence, and to communicate with them all
mengomunikasikan kepada pihak tersebut seluruh          relationships and other matters that may
hubungan, serta hal-hal lain yang dianggap secara       reasonably be thought to bear on our
wajar berpengaruh terhadap independensi kami,           independence, and where applicable, related
dan, jika relevan, pengamanan terkait.                  safeguards.




                                                    x
Page 289

          
Page 290
                                                                                                              The original financial statements
                                                                                               included herein are in the Indonesian language.

          PT MAYBANK INDONESIA FINANCE                                                     PT MAYBANK INDONESIA FINANCE
             LAPORAN POSISI KEUANGAN                                                      STATEMENT OF FINANCIAL POSITION
              Tanggal 31 Desember 2023                                                          As of December 31, 2023
            (Disajikan dalam jutaan Rupiah,                                                 (Expressed in millions of Rupiah,
                kecuali dinyatakan lain)                                                        unless otherwise stated)

                                              31 Desember/           Catatan/            31 Desember/
                                            December 31, 2023         Notes            December 31, 2022


ASET                                                                                                                                       ASSETS
                                                               2b,2c,2d,2e,2f,2q,
KAS DAN SETARA KAS - Neto                              166.420   4,31,32,33,34                      44.359 CASH AND CASH EQUIVALENTS - Net

PIUTANG SEWA PEMBIAYAAN                                            2c,2d,2e,2h,                                   FINANCE LEASE RECEIVABLES
                                                                  3,5,13,16,32,33
Pihak ketiga - setelah dikurangi
   pendapatan sewa pembiayaan belum                                                                                            Third parties - net of
   diakui dan pendapatan dan beban                                                                            unearned finance lease income and
   ditangguhkan sebesar Rp182.520                                                                                   deferred income and expense
   dan Rp111.764 masing-masing                                                                                       amounted to Rp182,520 and
   pada tanggal-tanggal                                                                                           Rp111,764 as of December 31,
   31 Desember 2023 dan 2022                         1.682.386                                   1.062.584           2023 and 2022, respectively
Cadangan kerugian penurunan nilai                      (16.376)                                     (9.586)         Allowance for impairment losses

Neto                                                 1.666.010                                   1.052.998                                       Net

PIUTANG PEMBIAYAAN                                                2b,2c,2d,2e,2g,                                          CONSUMER FINANCING
   KONSUMEN                                                           3,6,13,                                                  RECEIVABLES
                                                                   16,17,31,32,
Pihak berelasi - setelah dikurangi                                   33,34,36                                                 Related party - net of
   pendapatan pembiayaan                                                                                                     unearned consumer
   konsumen belum diakui                                                                                                       financing income
   sebesar Rp3.048 dan Rp2.707                                                                                              amounted to Rp3,048
   masing-masing pada                                                                                                         and Rp2,707 as of
   tanggal-tanggal 31 Desember 2023                                                                                       December 31, 2023 and
   dan 2022                                             13.839                                      11.890                    2022, respectively

Pihak ketiga - setelah dikurangi                                                                                               Third parties - net of
   pendapatan pembiayaan konsumen                                                                                   unearned consumer financing
   belum diakui dan pendapatan dan                                                                               income and deferred income and
   beban ditangguhkan sebesar Rp1.726.228                                                                      expense amounted to Rp1,726,228
   dan Rp1.651.140 masing-masing                                                                                            and Rp1,651,140 as
   pada tanggal-tanggal 31 Desember 2023                                                                              of December 31, 2023 and
   dan 2022                                          6.017.930                                   6.032.485                    2022, respectively

Total piutang pembiayaan konsumen                    6.031.769                                   6.044.375     Total consumer financing receivables
Cadangan kerugian penurunan nilai                      (43.168)                                    (41.691)        Allowance for impairment losses

Neto                                                 5.988.601                                   6.002.684                                       Net

PIUTANG LAIN-LAIN                                                   2c,2d,2i,7,                                             OTHER RECEIVABLES
                                                                     31,32,33
Pihak ketiga                                             9.044                                       8.895                             Third parties
Cadangan kerugian penurunan nilai                          (37)                                        (67)         Allowance for impairment losses

Neto                                                     9.007                                       8.828                                       Net

ASET DIPEROLEH UNTUK IJARAH                                            2i,8
  - setelah dikurangi akumulasi                                                                                 ASSETS ACQUIRED FOR IJARAH
  penyusutan sebesar Rp3.127 dan                                                                                - net of accumulated depreciation
  Rp1.199 masing-masing pada tanggal-                                                                          amounted to Rp3.127 and Rp1,199
  tanggal 31 Desember 2023                                                                                               as of December 31, 2023
  dan 2022                                               2.739                                       4.015                  and 2022, respectively

INVESTASI DALAM SAHAM                                  159.504      2b,2j,9,31                     159.504               INVESTMENT IN SHARES




  Catatan atas laporan keuangan terlampir merupakan bagian                        The accompanying notes to the financial statements form an
     yang tidak terpisahkan dari laporan keuangan secara                          integral part of these financial statements taken as a whole.
                         keseluruhan.

                                                                       1
Page 291
                                                                                                          The original financial statements
                                                                                           included herein are in the Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                                PT MAYBANK INDONESIA FINANCE
              LAPORAN POSISI KEUANGAN                                                 STATEMENT OF FINANCIAL POSITION
                        (lanjutan)                                                                 (continued)
               Tanggal 31 Desember 2023                                                     As of December 31, 2023
             (Disajikan dalam jutaan Rupiah,                                            (Expressed in millions of Rupiah,
                 kecuali dinyatakan lain)                                                   unless otherwise stated)


                                             31 Desember/         Catatan/           31 Desember/
                                           December 31, 2023       Notes           December 31, 2022

ASET (lanjutan)                                                                                                             ASSETS (continued)

BEBAN DIBAYAR DIMUKA                                                                                                    PREPAID EXPENSES
  DAN UANG MUKA                                         8.214      2k,10                         8.733           AND ADVANCE PAYMENT

ASET PAJAK TANGGUHAN - Neto                            19.316      2r,3,19                      16.632          DEFERRED TAX ASSETS - Net

                                                                 2l,3,11,25                                            FIXED ASSET AND RIGHT-
ASET TETAP DAN ASET HAK GUNA                                                                                              OF-USE ASSETS - net
  - setelah dikurangi total akumulasi                                                                          of total accumulated depreciation
  penyusutan aset tetap sebesar Rp69.450                                                                  of fixed asset amounted to Rp69,450
  dan Rp64.745 masing-masing pada                                                                           and Rp64,745 as of December 31,
  tanggal-tanggal 31 Desember 2023                                                                             2023 and 2022, and accumulated
  dan 2022,dan akumulasi amortisasi                                                                            amortization of right-of-use assets
  aset hak guna sebesar Rp11.252                                                                                          amounted to Rp11,252
  dan Rp8.203 masing-masing pada                                                                                              and Rp8,203 as of
  tanggal-tanggal 31 Desember                                                                                            December 31, 2023 and
  2023 dan 2022                                        51.374                                   51.436                         2022, respectively


ASET LAIN-LAIN                                          5.773     12,32,33                       3.803                          OTHER ASSETS

TOTAL ASET                                          8.076.958                                7.352.992                          TOTAL ASSETS



LIABILITAS DAN EKUITAS                                                                                                LIABILITIES AND EQUITY

LIABILITAS                                                                                                                            LIABILITY

UTANG BANK                                                       2b,2c,2e,                                                       BANK LOANS
  Pihak berelasi                                       36.111    5,6,13,31,                     66.667                           Related party
  Pihak ketiga                                      2.356.944   32,33,35,38                  1.730.556                            Third parties

Total Utang Bank                                    2.393.055                                1.797.223                          Total Bank Loans

                                                                2c,2e,14,32,
UTANG DEALER                                          120.912      33,34                       145.127                 PAYABLE TO DEALERS

UTANG PAJAK                                            43.810      2r,3,19                      60.418                          TAX PAYABLES

UTANG LAIN-LAIN                                                 2b,2c,2e,6,17,                                               OTHER PAYABLES
  Pihak berelasi                                       11.982   31,32,33,34,36                   9.046                          Related party
  Pihak ketiga                                         83.199                                   99.701                           Third parties

Total Utang Lain-lain                                  95.181                                  108.747                      Total Other Payables

BEBAN AKRUAL                                                     2b,15,31,                                               ACCRUED EXPENSES
  Pihak berelasi                                          238    32,33,34                          103                        Related party
  Pihak ketiga                                         51.224                                   40.380                         Third parties

Total Beban Akrual                                     51.462                                   40.483                   Total Accrued Expenses

                                                                1b,2b,2c,2e,
UTANG OBLIGASI - Neto                                           2n,5,6,16,31,                                           BONDS PAYABLE - Net
  Pihak berelasi                                       99.400       32,33,38                   103.744                        Related party
  Pihak ketiga                                      1.549.224                                1.642.862                         Third parties

Total Utang Obligasi                                1.648.624                                1.746.606                      Total Bonds Payable

                                                                                                                             LIABILITY FOR
LIABILITAS IMBALAN KERJA                               24.277     2u,3,18                       21.661                EMPLOYEE BENEFITS

TOTAL LIABILITAS                                    4.377.321                                3.920.265                      TOTAL LIABILITIES




  Catatan atas laporan keuangan terlampir merupakan bagian                    The accompanying notes to the financial statements form an
     yang tidak terpisahkan dari laporan keuangan secara                      integral part of these financial statements taken as a whole.
                         keseluruhan.

                                                                    2
Page 292
                                                                                                    The original financial statements
                                                                                     included herein are in the Indonesian language.


          PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
            LAPORAN POSISI KEUANGAN                                             STATEMENT OF FINANCIAL POSITION
                       (lanjutan)                                                           (continued)
              Tanggal 31 Desember 2023                                               As of December 31, 2023
            (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
                kecuali dinyatakan lain)                                             unless otherwise stated)

                                         31 Desember/        Catatan/          31 Desember/
                                       December 31, 2023      Notes          December 31, 2022

LIABILITAS DAN EKUITAS (lanjutan)                                                                  LIABILITIES AND EQUITY (continued)

EKUITAS                                                                                                                            EQUITY
Modal saham -                                                                                                                Capital stock -
  Nilai nominal Rp1.000                                                                                       Rp1,000 (full amount) par
     (nilai penuh) per saham                                                                                        value per share
  Modal dasar - 60.000.000
     lembar saham                                                                                       Authorized - 60,000,000 shares
  Modal ditempatkan dan disetor                                                                             Subscribed and fully paid -
     penuh - 32.370.000 lembar saham               32.370      20                         32.370                 32,370,000 shares

Keuntungan aktuarial atas                                                                                                 Actuarial gain on
  liabilitas imbalan                                                                                                          liability for
  kerja-setelah                                                                                                     employee benefits-
  pajak tangguhan                                      51     2u,3,18                        746                     net of deferred tax

Saldo laba                                                                                                              Retained earnings
  Ditentukan penggunaannya                          6.500          21                      6.500                          Appropriated
  Belum ditentukan penggunaannya                3.660.716                              3.393.111                        Unappropriated

TOTAL EKUITAS                                   3.699.637                              3.432.727                          TOTAL EQUITY

TOTAL LIABILITAS DAN EKUITAS                    8.076.958                              7.352.992       TOTAL LIABILITIES AND EQUITY




  Catatan atas laporan keuangan terlampir merupakan bagian              The accompanying notes to the financial statements form an
     yang tidak terpisahkan dari laporan keuangan secara                integral part of these financial statements taken as a whole.
                         keseluruhan.

                                                               3
Page 293
                                                                                                    The original financial statements
                                                                                     included herein are in the Indonesian language.

         PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
             LAPORAN LABA RUGI DAN                                            STATEMENT OF PROFIT OR LOSS AND
        PENGHASILAN KOMPREHENSIF LAIN                                           OTHER COMPREHENSIVE INCOME
             Untuk Tahun yang Berakhir                                                 For the Year Ended
           pada tanggal 31 Desember 2023                                               December 31, 2023
           (Disajikan dalam jutaan Rupiah,                                       (Expressed in millions of Rupiah,
               kecuali dinyatakan lain)                                              unless otherwise stated)


                                       Tahun yang berakhir pada tanggal 31 Desember/
                                                 Year ended December 31,
                                                             Catatan/
                                           2023               Notes              2022
PENDAPATAN                                                                                                                 REVENUES
                                                           2b,2g,2p,22,
   Pendapatan pembiayaan konsumen             893.027      31,34,36,37               863.507            Consumer financing income
                                                             2g,2p,2s
   Pendapatan sewa pembiayaan                 162.798        24,31,37                112.019                 Finance lease income
   Pendapatan sewa ijarah - neto                  383     2i,2p,2g,8,37                  163          Income from rent - ijarah - net
                                                            2b,2p,2s,
   Pendapatan bunga                             2.514        23,31,37                  2.037                         Interest income
   Pendapatan lain-lain                        41.123     11,25,34,37                 58.437                           Other income
   Total Pendapatan                          1.099.845                             1.036.163                         Total Revenues
BEBAN                                                                                                                     EXPENSES
  Beban pendanaan                             225.237   2b,2p,27,31                  197.315                    Financing expenses
  Beban tenaga kerja                          144.028 2b,2s,2u,3,26,37               134.061                    Employee expenses
  Beban pemasaran                              16.336 2p,2s,28,34,37                  16.203                    Marketing expenses
                                                         2d,2h,2s,3,
   Beban kerugian penurunan nilai              75.055   2s,5,6,34,37                  67.525          Impairment losses expenses
   Beban penyusutan aset tetap                  6.887 2l,2s,3,11,37                    6.599 Depreciation expenses of fixed assets
   Beban amortisasi                                                                                                 Amortization of
      aset hak guna                               3.049   2l,2s,3,11,37                2.900              right-of-use expenses
   Beban provisi dan komisi                       3.261   2b,2o,2s,37                  3.099 Provision and commission expenses
   Kerugian (keuntungan) transaksi                                                               Loss (gain) from foreign currency
      mata uang asing                             134          2q                       (906)                        transaction
   Beban lain-lain                             54.043      2s,29,34,37                42.982                      Others expenses

   Total Beban                                528.030                                469.778                         Total Expenses

LABA SEBELUM BEBAN PAJAK                                                                                         INCOME BEFORE
  FINAL DAN PAJAK                                                                                               FINAL TAX AND
  PENGHASILAN                                 571.815                                566.385               INCOME TAX EXPENSE
Beban pajak final                                 (503)       2r,25                     (407)                        Final tax expense

LABA SEBELUM BEBAN                                                                                        INCOME BEFORE INCOME
  PAJAK PENGHASILAN                           571.312                                565.978                      TAX EXPENSE

BEBAN PAJAK PENGHASILAN                       (127.521)      2r,19,37               (125.514)                INCOME TAX EXPENSE
LABA TAHUN BERJALAN                           443.791                                440.464                INCOME FOR THE YEAR
Penghasilan komprehensif lain                                                                          Other comprehensive income
Pos yang tidak akan direklasifikasi                                                                 Item that will not be reclassified
   ke laba rugi:                                                                                    subsequently to profit or loss:
   (Kerugian) keuntungan aktuarial                                                                              Actuarial (loss) gain on
       atas liabilitas imbalan kerja              (891)      2u,3,18                     451          liability for employee benefit
   Pajak penghasilan terkait dengan
       komponen penghasilan                                                                      Income tax relating to components
       komprehensif lainnya                        196         19                         (99)    of other comprehensive income
(Rugi) laba komprehensif lainnya -                                                                             Other comprehensive
   setelah pajak                                  (695)                                  352             (loss) income - net of tax
TOTAL PENGHASILAN
  KOMPREHENSIF                                                                                             TOTAL COMPREHENSIVE
  TAHUN BERJALAN                              443.096                                440.816              INCOME FOR THE YEAR

LABA PER SAHAM DASAR                                                                                 BASIC EARNINGS PER SHARE
(Dinyatakan dalam nilai                                                                                          (Expressed in full
    penuh Rupiah)                              13.710         2t,30                   13.607                  amount of Rupiah)


  Catatan atas laporan keuangan terlampir merupakan bagian              The accompanying notes to the financial statements form an
     yang tidak terpisahkan dari laporan keuangan secara                integral part of these financial statements taken as a whole.
                         keseluruhan.

                                                                4
Page 294
                                                                                                                The original financial statements
                                                                                                 included herein are in the Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                          PT MAYBANK INDONESIA FINANCE
        LAPORAN PERUBAHAN EKUITAS                                                           STATEMENT OF CHANGES IN EQUITY
           Untuk Tahun yang Berakhir                                                                For the Year Ended
         pada Tanggal 31 Desember 2023                                                              December 31, 2023
         (Disajikan dalam jutaan Rupiah,                                                      (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                             unless otherwise stated)


                                                        Keuntungan/
                                                         (Kerugian)
                                                          Aktuarial
                                                       Atas Liabilitas
                                     Modal                Imbalan                    Saldo Laba/
                                  Ditempatkan         Kerja Karyawan/             Retained Earnings
                                      dan                 Actuarial
                                 Disetor Penuh/         Gain/(Loss)                               Belum
                                  Subscribed           on Liability for      Ditentukan         Ditentukan
                                    and Fully            Employee          Penggunaannya/     Penggunaannya/      Total Ekuitas/
                                  Paid Capital            Benefits          Appropriated      Unappropriated       Total Equity

     Saldo tanggal                                                                                                                         Balance as of
         31 Desember 2021                 32.370                   394              6.500             2.952.647        2.991.911     December 31, 2021

     Keuntungan aktuarial atas                                                                                                      Actuarial gain on liability
         liabilitas imbalan                                                                                                                 for employee
         kerja - setelah                                                                                                                 benefits - net of
         pajak tangguhan                          -                352                  -                     -              352             deferred tax

     Laba tahun berjalan 2022                     -                   -                 -              440.464           440.464    Income for the year 2022
     Saldo tanggal                                                                                                                         Balance as of
         31 Desember 2022                 32.370                   746              6.500             3.393.111        3.432.727     December 31, 2022

     Dividen                                      -                   -                 -             (176.186)        (176.186)                     Dividend

     Kerugian aktuarial atas                                                                                                        Actuarial loss on liability
         liabilitas imbalan                                                                                                                for employee
         kerja - setelah                                                                                                                benefits - net of
         pajak tangguhan                          -               (695 )                -                     -             (695)            deferred tax

     Laba tahun berjalan 2023                     -                   -                 -              443.791           443.791    Income for the year 2023
     Saldo tanggal                                                                                                                         Balance as of
         31 Desember 2023                 32.370                    51              6.500             3.660.716        3.699.637     December 31, 2023




Catatan atas laporan keuangan terlampir merupakan bagian                         The accompanying notes to the financial statements form an
   yang tidak terpisahkan dari laporan keuangan secara                           integral part of these financial statements taken as a whole.
                       keseluruhan.

                                                                           5
Page 295
                                                                                                    The original financial statements
                                                                                     included herein are in the Indonesian language.


          PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
                 LAPORAN ARUS KAS                                                 STATEMENT OF CASH FLOWS
              Untuk Tahun yang Berakhir                                                For the Year Ended
           pada Tanggal 31 Desember 2023                                               December 31, 2023
            (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
                kecuali dinyatakan lain)                                             unless otherwise stated)

                                       Tahun yang berakhir pada tanggal 31 Desember/
                                                 Year ended December 31,
                                                            Catatan/
                                           2023              Notes              2022
ARUS KAS DARI AKTIVITAS                                                                                      CASH FLOWS FROM
   OPERASI                                                                                              OPERATING ACTIVITIES
Penerimaan kas dari:                                                                                               Cash receipt from:
   Pembiayaan konsumen                     21.569.126         2g                19.598.094                   Consumer financing
   Sewa pembiayaan                          2.420.035         2g                 1.632.004                          Finance lease
   Sewa ijarah                                  3.126         2i                     1.505                              Ijarah rent
Penerimaan dari pendapatan                                                                                             Receipts from
   denda keterlambatan                                                                                   penalty income and early
   dan pelunasan dipercepat                    88.008                               121.002                    termination income
Pendapatan bunga                                2.514                                 2.037                          Interest income
Pengeluaran kas sehubungan
   dengan pembiayaan                                                                                    Cash payment in relation to
   bersama-neto                                     (83)                               (162)                     joint financing-net
Pembayaran kas untuk transaksi                                                                      Cash disbursement for consumer
   pembiayaan konsumen                                                                                       financing and finance
   dan sewa pembiayaan                     (11.030.276)                          (9.121.812)                      lease transaction
Pembayaran kas untuk dealer                (12.666.205)                         (11.592.105)           Cash disbursement for dealer
Pembelian aset tetap ijarah                     (1.467)        8                     (4.213)             Acquisition of ijarah assets
Pembayaran bunga                              (220.579)                            (197.424)                      Payment of interest
Pembayaran beban umum dan                                                                                General and administrative
   administrasi                               (216.572)                             (78.303)                               expenses
Pembayaran pajak penghasilan badan            (146.006)        2r                  (114.587)         Corporate income tax payments
Kas neto (digunakan untuk) diperoleh                                                                   Net cash (used in) provided by
   dari Aktivitas operasi                    (198.379)                              246.036                     operating activities
ARUS KAS DARI AKTIVITAS                                                                                         CASH FLOWS FROM
   INVESTASI                                                                                              INVESTING ACTIVITIES
Penerimaan dari penjualan                                                                                       Proceeds from sale of
   aset tetap                                     504        2l,11                      689                             fixed assets
Pembelian aset tetap                           (6.571)       2l,11                   (2.994)                Acquisition of fixed assets
Penambahan aset hak guna                       (3.671)                               (4.823)             Addition of right-of-use asset
Penerimaan dividen                             11.010         9,25                   16.500                   Proceeds from dividend
Kas neto diperoleh dari                                                                                         Net cash provided by
   aktivitas investasi                            1.272                                9.372                    investing activities
ARUS KAS DARI AKTIVITAS                                                                                      CASH FLOWS FROM
   PENDANAAN                                                                                            FINANCING ACTIVITIES
Penerimaan utang bank                        3.300.000        38                  1.100.000               Proceeds from bank loans
Pembayaran utang bank                       (2.704.168)       38                 (1.499.999)               Repayment of bank loans
Pembayaran dividen kas                        (176.186)       20                          -               Payment of cash dividend
Pelunasan obligasi                            (100.000)       38                   (700.000)                       Bonds settlement
Penerimaan dari penerbitan obligasi                  -                              800.000            Proceeds from bond issuance
Pembayaran biaya penerbitan
   obligasi                                           -                              (2.753)          Payment of bond issuance cost
Kas neto diperoleh dari
   (digunakan untuk)                                                                                   Net cash provided by (used in)
   aktivitas pendanaan                         319.646                             (302.752)                    financing activities
DAMPAK NETO PERUBAHAN                                                                               NET EFFECT OF CHANGES IN
  NILAI TUKAR ATAS KAS                                                                             EXCHANGE RATES ON CASH
  DAN SETARA KAS                                    (59)                               1.160         AND CASH EQUIVALENTS
KENAIKAN/(PENURUNAN) NETO                                                                        NET INCREASE/(DECREASE) IN
  KAS DAN SETARA KAS                           122.480                              (46.184)   CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS                                                                                CASH AND CASH EQUIVALENTS
  AWAL TAHUN                                   44.434                                90.618        AT BEGINNING OF THE YEAR
KAS DAN SETARA KAS                                                                                CASH AND CASH EQUIVALENTS
  AKHIR TAHUN                                 166.914                                44.434              AT END OF THE YEAR

 Catatan atas laporan keuangan terlampir merupakan bagian              The accompanying notes to the financial statements form an
    yang tidak terpisahkan dari laporan keuangan secara                integral part of these financial statements taken as a whole.
                        keseluruhan.

                                                               6
Page 296
                                                                                                   The original financial statements
                                                                                    included herein are in the Indonesian language.




         PT MAYBANK INDONESIA FINANCE                                           PT MAYBANK INDONESIA FINANCE
                LAPORAN ARUS KAS                                                  STATEMENT OF CASH FLOWS
                      (lanjutan)                                                           (continued)
             Untuk Tahun yang Berakhir                                                 For the Year Ended
          pada Tanggal 31 Desember 2023                                                December 31, 2023
           (Disajikan dalam jutaan Rupiah,                                       (Expressed in millions of Rupiah,
               kecuali dinyatakan lain)                                              unless otherwise stated)


                                      Tahun yang berakhir pada tanggal 31 Desember/
                                                Year ended December 31,
                                                            Catatan/
                                           2023              Notes              2022
KAS DAN SETARA KAS                                                                                CASH AND CASH EQUIVALENTS
  TERDIRI DARI:                                                                                               CONSISTS OF:

Kas                                               470          4                        446                            Cash on hand
Bank                                          166.444          4                     43.988                            Cash in banks
TOTAL                                         166.914                                44.434                                   TOTAL




 Catatan atas laporan keuangan terlampir merupakan bagian              The accompanying notes to the financial statements form an
    yang tidak terpisahkan dari laporan keuangan secara                integral part of these financial statements taken as a whole.
                        keseluruhan.

                                                               7
Page 297
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                       As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                   (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                          unless otherwise stated)


1.   UMUM                                                      1.     GENERAL

     a.   Pendirian Perusahaan                                        a.    Establishment of the Company

          PT Maybank Indonesia Finance (Perusahaan)                         PT Maybank Indonesia Finance (the
          didirikan di Republik Indonesia berdasarkan                       Company) was established in the Republic of
          akta notaris pendirian No. 163 tanggal                            Indonesia by virtue of notarial deed of
          13 Februari 1991 yang dibuat dihadapan                            establishment No. 163 dated February 13,
          Richardus Nangkih Sinulingga, S.H. Akta                           1991 of Richardus Nangkih Sinulingga, S.H.
          pendirian ini disahkan oleh Menteri Kehakiman                     The deed of establishment was approved by
          dan Hak Asasi Manusia Republik Indonesia                          the Minister of Justice and Human Rights of
          dalam             surat          keputusannya                     the Republic of Indonesia in decision letter
          No. C2-2005.HT.01.01.TH.91 tanggal 5 Juni                         No. C2-2005.HT.01.01.TH.91 dated June 5,
          1991 serta diumumkan dalam Berita Negara                          1991, and was published in State Gazette
          Republik Indonesia No. 78 tambahan No. 4827                       No. 78 Supplement No. 4827 dated
          tanggal 29 September 1992. Anggaran Dasar                         September 29, 1992. The Company’s
          Perusahaan telah mengalami beberapa                               Articles of Association have been amended
          perubahan, terakhir dengan akta notaris No. 25                    several times, the latest was notarial deed
          tertanggal 8 Maret 2022 dari Satria Amiputra                      No. 25 dated March 8, 2022 from Satria
          A., Sarjana Ekonomi, Akuntan, Sarjana                             Amiputra A., Bachelor of Economics,
          Hukum, Magister Akuntansi, Magister Hukum,                        Accountant, Bachelor of Law, Master of
          Magister Kenotariatan, terkait dengan Pasal 9                     Accounting, Master of Law, Master of Notary,
          Anggaran Dasar Perseroan perihal tempat,                          related to Article 9 of the Company's Articles
          pemanggilan, dan pimpinan Rapat Umum                              of Association regarding the place,
          Pemegang Saham. Perubahan tersebut telah                          summons, and chairman of the General
          disetujui oleh Menteri Hukum dan Hak Asasi                        Meeting of Shareholders. The amendment
          Manusia Republik Indonesia dengan surat                           has been approved by the Minister of Law
          keputusannya No. AHU-AH.01.03-0162396                             and Human Rights of the Republic of
          Tahun 2022 tanggal 11 Maret 2022.                                 Indonesia in his decision letter No. AHU-
                                                                            AH.01.03-0162396         Year  2022    dated
                                                                            March 11, 2022.

          Perusahaan telah memperoleh izin operasinya                       The Company obtained its license as
          sebagai lembaga pembiayaan dari Menteri                           a    financing     institution    based    on
          Keuangan Republik Indonesia dalam surat                           Decision Letter of the Ministry of Finance
          keputusan No. 888/KMK.013/1991 tanggal                            of     the     Republic        of    Indonesia
          22 Agustus 1991, yang telah diubah menjadi                        No. 888/KMK.013/1991 dated August 22,
          Surat Keputusan Menteri Keuangan Republik                         1991, that has been amended with the
          Indonesia No. KEP-237/KM.5/2005 tanggal                           Decision Letter of the Ministry of Finance of
          4 Agustus 2005 serta berdasarkan Keputusan                        the Republic of Indonesia No. KEP-
          Dewan Komisioner Otoritas Jasa Keuangan                           237/KM.5/2005 dated August 4, 2005 and
          No. KEP-1/NB.11/2016 yang menyatakan                              according to Board of Commissioners of the
          bahwa telah dilakukan penyesuaian terhadap                        Financial Services Authority No. KEP-
          izin operasinya berkaitan dengan perubahan                        1/NB.11/2016 which stated that the
          nama Perusahaan menjadi PT Maybank                                Company’s operating licensed has been
          Indonesia Finance.                                                amended related with the name changed into
                                                                            PT Maybank Indonesia Finance.

          Ruang lingkup kegiatan Perusahaan meliputi                        The scope of Company’s activities covers
          bidang usaha pembiayaan dalam bentuk                              investment      financing,    working   capital
          pembiayaan investasi, modal kerja, multiguna,                     financing, multi purposes financing, other
          kegiatan lain yang disetujui Otoritas Jasa                        activities approved by the Financial Services
          Keuangan (OJK), selain itu juga perusahaan                        Authority (OJK), on the other hand, the
          dapat melakukan kegiatan berdasarkan prinsip                      Company’s activities can covers activities
          syariah diantaranya pembiayaan jual beli,                         based on Sharia principles, such as sales
          pembiayaan investasi dan pembiayaan jasa.                         and purchase financing, investment financing
          Pada saat ini, Perusahaan terutama bergerak                       and       services     financing.     Currently,
          dalam bidang pembiayaan konsumen.                                 the Company engages in consumer financing
                                                                            activities.



                                                           8
Page 298
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                        As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                 and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                           unless otherwise stated)


1.   UMUM (lanjutan)                                            1.     GENERAL (continued)

     a.   Pendirian Perusahaan (lanjutan)                              a.    Establishment         of      the       Company
                                                                             (continued)

          Perusahaan berdomisili di Jakarta dengan                           The Company is domiciled in Jakarta located
          alamat di Wisma Eka Jiwa lantai 10, Jalan                          at Wisma Eka Jiwa 10th floor, Jalan Mangga
          Mangga       Dua   Raya,   Jakarta    10730.                       Dua Raya, Jakarta 10730. The Company has
          Perusahaan memiliki 30 (tiga puluh) kantor                         a total of 30 (thirty) branch offices located in
          cabang di Aceh, Medan, Padang, Pekanbaru,                          Aceh,      Medan,       Padang,     Pekanbaru,
          Palembang, Jambi, Bandar Lampung, Batam,                           Palembang, Jambi, Bandar Lampung,
          Bangka, Jakarta, Tangerang, Bekasi, Bandung,                       Batam, Bangka, Jakarta, Tangerang, Bekasi,
          Karawang, Depok, Bogor, Cibubur, Malang,                           Bandung, Karawang, Depok, Bogor, Cibubur,
          Surabaya, Semarang, Yogyakarta, Denpasar,                          Malang, Surabaya, Semarang, Yogyakarta,
          Banjarmasin, Samarinda, Manado, Makassar,                          Denpasar,        Banjarmasin,       Samarinda,
          dan lain-lain.                                                     Manado, Makassar, and others.

          Perusahaan merupakan entitas anak dari                             The Company is a subsidiary of PT Bank
          PT Bank Maybank Indonesia Tbk (MBI)                                Maybank Indonesia Tbk (MBI) with 99.99%
          dengan persentase kepemilikan sebesar                              ownership. The ultimate shareholder of MBI
          99,99%. Pemegang saham utama MBI adalah                            is Malayan Banking Berhad (Maybank),
          Malayan Banking Berhad (Maybank), yang                             which is a bank based in Malaysia.
          merupakan bank yang berkedudukan di
          Malaysia.

     b.   Penawaran Umum Obligasi Perusahaan                           b.    The Company’s Bonds Offering

          Pada bulan November 2017, Perusahaan                               In November 2017, the Company offered to
          menawarkan pada masyarakat “Obligasi                               the public “Continuing Bonds I Phase IV
          Berkelanjutan I Maybank Finance Tahap IV                           Maybank Finance Year 2017 with Fixed
          Tahun 2017 dengan Tingkat Bunga Tetap”                             Interest Rate” (Continuing Bonds I Maybank
          (Obligasi Berkelanjutan I Maybank Finance                          Finance Phase IV) with nominal value of
          Tahap IV) dengan nilai nominal sebesar                             Rp1,200,000 (Note 16), which became
          Rp1.200.000 (Catatan 16), yang dinyatakan                          effective on November 4, 2015 based on the
          efektif oleh Otoritas Jasa Keuangan (OJK)                          Decision Letter No. S-507/D.04/2015 of
          pada tanggal 4 November 2015 berdasarkan                           Board of Financial Services Authority (OJK).
          Surat Keputusan No. S-507/D.04/2015.                               These Continuing Bonds I Maybank Finance
          Obligasi Berkelanjutan I Maybank Finance                           Phase IV are series bonds consisting of
          Tahap IV ini merupakan obligasi berseri yang                       Continuing Bonds I Maybank Finance
          meliputi Obligasi Berkelanjutan I Tahap IV Seri                    Phase IV Series A with nominal value of
          A dengan nilai nominal sebesar Rp1.150.000                         Rp1,150,000 and a fixed interest rate at
          dengan tingkat suku bunga tetap sebesar                            7.65% per annum and Continuing Bonds I
          7,65% per tahun dan Obligasi Berkelanjutan I                       Maybank Finance Phase IV Series B with a
          Tahap IV Seri B dengan nilai nominal sebesar                       nominal value of Rp50,000 and a fixed
          Rp50.000 dengan tingkat suku bunga tetap                           interest rate at 7.90% per annum. The
          sebesar 7,90% per tahun. Obligasi ini                              Company listed the bonds on the Indonesia
          dicatatkan pada Bursa Efek Indonesia pada                          Stock Exchange on November 15, 2017.
          tanggal 15 November 2017.




                                                            9
Page 299
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                       As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                   (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                          unless otherwise stated)


1.   UMUM (lanjutan)                                           1.     GENERAL (continued)

     b.   Penawaran Umum Obligasi Perusahaan                          b.    The     Company’s           Bonds        Offering
          (lanjutan)                                                        (continued)

          Pada     bulan    Mei   2018,   Perusahaan                        In May 2018, the Company offered to the
          menawarkan pada masyarakat “Obligasi                              public “Continuing Bonds II Phase I Maybank
          Berkelanjutan II Maybank Finance Tahap I                          Finance Year 2018 with Fixed Interest Rate”
          Tahun 2018 dengan Tingkat Bunga Tetap”                            (Continuing Bonds II Maybank Finance
          (Obligasi Berkelanjutan II Maybank Finance                        Phase I) with nominal value of Rp500,000
          Tahap I) dengan nilai nominal sebesar                             (Note 16), which became effective on May 4,
          Rp500.000 (Catatan 16), yang dinyatakan                           2018 based on the Decision Letter No. S-
          efektif oleh Otoritas Jasa Keuangan (OJK)                         44/D.04/2018 of Board of Financial Services
          pada tanggal 4 Mei 2018 berdasarkan Surat                         Authority (OJK). These Continuing Bonds II
          Keputusan No. S-44/D.04/2018. Obligasi                            Maybank Finance Phase I are series bonds
          Berkelanjutan II Maybank Finance Tahap I ini                      consisting of Continuing Bonds II Maybank
          merupakan obligasi berseri yang meliputi                          Finance Phase I Series A with nominal value
          Obligasi Berkelanjutan II Tahap I Seri A                          of Rp400,000 and a fixed interest rate at
          dengan nilai nominal sebesar Rp400.000                            7.75% per annum and Continuing Bonds II
          dengan tingkat suku bunga tetap sebesar                           Maybank Finance Phase I Series B with a
          7,75% per tahun dan Obligasi Berkelanjutan II                     nominal value of Rp100,000 and a fixed
          Tahap I Seri B dengan nilai nominal sebesar                       interest rate at 8.00% per annum. The
          Rp100.000 dengan tingkat suku bunga tetap                         Company listed the bonds on the Indonesia
          sebesar 8,00% per tahun. Obligasi ini                             Stock Exchange on May 15, 2018.
          dicatatkan pada Bursa Efek Indonesia pada
          tanggal 15 Mei 2018.

          Pada     bulan    April 2019,    Perusahaan                       In April 2019, the Company offered to the
          menawarkan pada masyarakat “Obligasi                              public “Continuing Bonds II Phase II
          Berkelanjutan II Maybank Finance Tahap II                         Maybank Finance Year 2019 with Fixed
          Tahun 2019 dengan Tingkat Bunga Tetap”                            Interest Rate” (Continuing Bonds II Maybank
          (Obligasi Berkelanjutan II Maybank Finance                        Finance Phase II) with nominal value of
          Tahap II) dengan nilai nominal sebesar                            Rp1,000,000 (Note 16), which became
          Rp1.000.000 (Catatan 16), yang dinyatakan                         effective on May 4, 2018 based on the
          efektif oleh Otoritas Jasa Keuangan (OJK)                         Decision Letter No. S-44/D.04/2018 of Board
          pada tanggal 4 Mei 2018 berdasarkan Surat                         of Financial Services Authority (OJK). These
          Keputusan No. S-44/D.04/2018. Obligasi                            Continuing Bonds II Maybank Finance Phase
          Berkelanjutan II Maybank Finance Tahap II ini                     II are series bonds consisting of Continuing
          merupakan obligasi berseri yang meliputi                          Bonds II Maybank Finance Phase II Series A
          Obligasi Berkelanjutan II Tahap II Seri A                         with nominal value of Rp650,000 and a fixed
          dengan nilai nominal sebesar Rp650.000                            interest rate at 9.00% per annum and
          dengan tingkat suku bunga tetap sebesar                           Continuing Bonds II Maybank Finance Phase
          9,00% per tahun dan Obligasi Berkelanjutan II                     II Series B with a nominal value of
          Tahap II Seri B dengan nilai nominal sebesar                      Rp350,000 and a fixed interest rate at 9.35%
          Rp350.000 dengan tingkat suku bunga tetap                         per annum. The Company listed the bonds
          sebesar 9,35% per tahun. Obligasi ini                             on the Indonesia Stock Exchange on April 4,
          dicatatkan pada Bursa Efek Indonesia pada                         2019.
          tanggal 4 April 2019.




                                                          10
Page 300
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                        As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                 and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                           unless otherwise stated)


1.   UMUM (lanjutan)                                            1.     GENERAL (continued)

     b.   Penawaran Umum Obligasi Perusahaan                           b.     The     Company’s          Bonds         Offering
          (lanjutan)                                                          (continued)

          Pada     bulan    Juni   2021,   Perusahaan                         In June 2021, the Company offered to the
          menawarkan pada masyarakat “Obligasi                                public “Continuing Bonds III Phase I
          Berkelanjutan III Maybank Finance Tahap I                           Maybank Finance Year 2021 with Fixed
          Tahun 2021 dengan Tingkat Bunga Tetap”                              Interest Rate” (Continuing Bonds III Maybank
          (Obligasi Berkelanjutan III Maybank Finance                         Finance Phase I) with nominal value of
          Tahap I) dengan nilai nominal sebesar                               Rp500,000 with fixed interest rate at 6.30%
          Rp500.000 dengan tingkat suku bunga tetap                           per annum (Note 16), which became
          sebesar 6,30% per tahun (Catatan 16), yang                          effective on June 14, 2021, based on the
          dinyatakan efektif oleh Otoritas Jasa                               Decision Letter No. S-80/D.04/2021 of Board
          Keuangan (OJK) pada tanggal 14 Juni 2021                            of Financial Services Authority (OJK). The
          berdasarkan          Surat        Keputusan                         Company listed the bonds on the Indonesia
          No. S-80/D.04/2021. Obligasi ini dicatatkan                         Stock Exchange on June 24, 2021.
          pada Bursa Efek Indonesia pada tanggal
          24 Juni 2021.

          Pada bulan Maret 2022, Perusahaan                                   In March 2022, the Company offered to the
          menawarkan pada masyarakat ‘’Obligasi                               public “Continuing Bonds III Phase II
          Berkelanjutan III Maybank Finance Tahap II                          Maybank Finance Year 2022 with Fixed
          Tahun 2022 dengan Tingkat Bunga Tetap”                              Interest Rate” (Continuing Bonds III Maybank
          (Obligasi Berkelanjutan III Maybank Finance                         Finance Phase II) with nominal value of
          Tahap II) dengan nilai nominal sebesar                              Rp800,000 with fixed interest rate at 5.80%
          Rp800.000 dengan tingkat suku bunga tetap                           oer annum (Note 16), which became
          sebesar 5,80% per tahun (Catatan 16), yang                          effective on June 14, 2022, based on the
          dinyatakan efektif oleh Otoritas Jasa                               Decision Letter No. S-80/D.04/2021 of Board
          Keuangan (OJK) pada tanggal 14 Juni 2022                            of Financial Services Authority (OJK). The
          berdasarkan Surat Keputusan No. S-                                  Company listed the bonds on the Indonesia
          80/D.04/2021. Obligasi ini dicatatkan pada                          Stock Exchange on March 31, 2022.
          Bursa Efek Indonesia pada tanggal 31 Maret
          2022.

      c. Dewan     Komisaris,   Direksi,  Komite                     c.     Boards of Commissioners and Directors,
         Audit,    Dewan    Pengawas     Syariah,                           Audit Committee, Sharia Supervisory
         Sekretaris Perusahaan dan Karyawan                                 Board,    Corporate  Secretary    and
                                                                            Employees

          Susunan dewan komisaris, direksi, komite                          The composition of the Company’s boards of
          audit, dan dewan pengawas syariah                                 commissioners     and    directors,   audit
          Perusahaan adalah sebagai berikut:                                committee, and sharia supervisory board are
                                                                            as follows:

                                    31 Desember/                  31 Desember/
                                   December 31, 2023            December 31, 2022
          Dewan Komisaris                                                                            Board of Commissioners

          Presiden Komisaris                                                                           President Commissioner
          (Independen)              Deswandhy Agusman                Deswandhy Agusman                           (Independent)
          Komisaris                     Steffano Ridwan                     Steffano Ridwan                      Commissioner

          Komisaris
            Independen                                 -        Muhamad Roskanedi(**)               Independent Commissioner

          Direksi                                                                                           Board of Directors
          Direktur Utama                      Alexander                          Alexander                    President Director
          Direktur Pemasaran            Miki Effendi Lim                    Miki Effendi Lim                 Marketing Director

          Direktur Operasional           Arief Soerendro                    Arief Soerendro                 Operational Director

                                                           11
Page 301
                                                                                           The original financial statements included herein are in the
                                                                                                                                 Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                                              PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                                              As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                                       and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                                          (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                                                 unless otherwise stated)


1.   UMUM (lanjutan)                                                                  1.     GENERAL (continued)

      c. Dewan      Komisaris,   Direksi,  Komite                                            c.    Boards of Commissioners and Directors,
         Audit,     Dewan     Pengawas    Syariah,                                                 Audit Committee, Sharia Supervisory
         Sekretaris Perusahaan dan Karyawan                                                        Board,    Corporate   Secretary   and
         (lanjutan)                                                                                Employees (continued)
        Susunan dewan komisaris, direksi, komite                                                  The composition of the Company’s boards of
        audit, dan dewan pengawas syariah                                                         commissioners      and   directors,   audit
        Perusahaan  adalah    sebagai     berikut                                                 committee, and sharia supervisory board are
        (lanjutan):                                                                               as follows (continued):

                                                    31 Desember/                        31 Desember/
                                                   December 31, 2023                  December 31, 2022

        Komite Audit                                                                                                                           Audit Committee
        Ketua                                       Deswandhy Agusman                      Deswandhy Agusman                                             Chairman

        Anggota                                                Helmi Mahfud                         Helmi Mahfud                                           Member

        Anggota                                            Hadi Indraprasta                  Hadi Indraprasta(*)                                           Member
        Dewan Pengawas
          Syariah                                                                                                                  Sharia Supervisory Board

        Ketua                                                   H. Amirsyah                           H. Amirsyah                                        Chairman

        Anggota                                                 KH. Sodikun                           KH. Sodikun                                          Member

        (*) Efektif menjabat sebagai anggota Komite Audit pada tanggal 4 Maret                    (*) Effectively Served as a member of the Audit Committee on March
        2022.                                                                                     4,2022.
        (**) Berdasarkan Akta No. 54 tanggal 09 Juni 2022, telah dilaksanakan                     (**) Based On Deed No. 54 Dated 09 June 2022, the Cancellation of the
        pembatalan atas pengangkatan Bapak Muhamad Roskanedi sebagai                              appointment of Mr. Muhamad Roskanedi as Independent Commissioner
        Komisaris Independen yang didasari oleh Surat Keputusan Anggota                           was Carried out based on the Decree of Members of the OJK Board of
        Dewan Komisioner OJK Nomor KEP-116/NB.11/2022                                             Comissionner Number KEP-116/NB.11/2022




        Berdasarkan Resolusi Dewan Komisaris                                                       Based on Board of Commissioner Resolution
        tertanggal 4 Maret 2022, Perusahaan telah                                                  dated March 4, 2022, the Company had
        menerima serta memberikan pelunasan dan                                                    approved and discharged Herwan Ng from
        pembebasan tanggung jawab terhadap                                                         responsibility as Member of the Audit
        Herwan Ng sebagai Anggota Komite Audit                                                     Committee and appointed Hadi Indraprasta
        serta mengangkat Hadi Indraprasta sebagai                                                  as Member of the Audit Committee.
        Anggota Komite Audit.

        Sehubungan dengan pemenuhan ketentuan                                                      In relation to the compliance of POJK
        Peraturan POJK No. 29/POJK.05/2020 tanggal                                                 regulation No. 29/POJK.05/2020 dated
        22 April 2020 mengenai Perubahan Atas                                                      April 22, 2020 concerning Amendments to
        Peraturan Otoritas Jasa Keuangan dan POJK                                                  Financial Services Authority Regulations and
        No. 30/POJK.05/2014 tentang Tata Kelola                                                    POJK No. 30/POJK.05/2014 concerning the
        Perusahaan yang Baik bagi Perusahaan                                                       Good Corporate Governance for Financing
        Pembiayaan, Perusahaan telah memiliki                                                      Companies, the Company has issued the
        Piagam       Komite       Audit     tertanggal                                             Audit Committee Charter dated February 27,
        27 Februari 2018 dan telah diubah terakhir kali                                            2018 and last amend at July 25, 2022.
        pada tanggal 25 Juli 2022.
        Sampai dengan tanggal 31 Desember 2023                                                     Until 31 December 2023, corporate secretary
        Sekretaris Perusahaan adalah Arief Soerendro,                                              division is Arief Soerendro and internal audit
        dan Ketua Divisi Audit Internal adalah Maman                                               division head chaired by Maman Supriyatna.
        Supriyatna.
        Perusahaan memiliki    911 dan 853 total                                                   The Company has a total of 911 and 853
        karyawan masing-masing pada tanggal-tanggal                                                employees as of December 31, 2023 and
        31 Desember 2023 dan 2022 (tidak diaudit).                                                 2022, respectively (unaudited).


                                                                                 12
Page 302
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                            unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL                     ACCOUNTING
     MATERIAL                                                           POLICIES INFORMATION

     a.   Pernyataan    kepatuhan    dan          dasar                 a.    Statement of compliance and basis of
          penyusunan laporan keuangan                                         preparation of the financial statements

          Laporan keuangan pada tanggal-tanggal dan                           The financial statements as of and for
          untuk tahun yang berakhir pada tanggal-                             the years ended December 31, 2023 and
          tanggal 31 Desember 2023 dan 2022 disusun                           2022 are prepared and presented in
          dan disajikan sesuai dengan Standar                                 accordance with Indonesian Financial
          Akuntansi Keuangan dan Standar Akuntansi                            Accounting Standards and Sharia Financial
          Keuangan Syariah di Indonesia yang                                  Accounting Standards as issued by the
          diterbitkan oleh Ikatan Akuntan Indonesia (IAI)                     Indonesian Institute of Accountants and the
          dan Peraturan Otoritas Jasa Keuangan (OJK)                          Capital Market and Financial Service
          No.     VIII.G.7   tentang   “Penyajian    dan                      Authority (OJK) Regulation No. VIII.G.7
          Pengungkapan Laporan Keuangan Emiten                                regarding “Issuers or Public Company’s
          atau Perusahaan Publik” yang terdapat dalam                         Financial Statements Presentation and
          Lampiran Keputusan Ketua BAPEPAM-LK                                 Disclosure” as included in the Appendix of
          No. KEP-347/BL/2012 tanggal 25 Juni 2012.                           the Decree of the Chairman of BAPEPAM-
                                                                              LK No. KEP-347/BL/2012 dated June 25,
                                                                              2012.

          Laporan keuangan disusun berdasarkan                                The financial statements have been
          konsep akrual, dan dasar pengukuran dengan                          prepared on the accrual basis using the
          menggunakan konsep harga historis, kecuali                          historical cost concept, except for the
          laporan arus kas dan beberapa akun tertentu                         statement of cash flows and certain accounts
          yang disusun berdasarkan pengukuran lain                            which are measured on the basis described
          sebagaimana diuraikan dalam kebijakan                               in the related accounting policies for those
          akuntansi masing-masing akun tersebut.                              accounts.

          Laporan arus kas menyajikan informasi                               The statement of cash flows presents
          penerimaan dan pengeluaran kas dan setara                           information on receipts and payments of
          kas yang diklasifikasikan ke dalam aktivitas                        cash and cash equivalents classified into
          operasi, investasi, dan pendanaan dengan                            operating, investing, and financing activities
          menggunakan metode langsung.                                        using the direct method.

          Mata uang penyajian yang digunakan dalam                            The presentation currency used in the
          penyusunan laporan keuangan ini adalah mata                         financial statements is Indonesian Rupiah,
          uang Rupiah yang merupakan mata uang                                which is the functional currency.
          fungsional.

          Seluruh angka dalam laporan keuangan ini,                           All figures in the financial statements are
          dibulatkan dan disajikan dalam jutaan Rupiah,                       rounded to and stated in millions of Rupiah,
          kecuali dinyatakan lain.                                            unless otherwise stated.

     b.   Transaksi dengan pihak-pihak berelasi                         b.    Transactions with related parties

          Jenis transaksi dan saldo dengan pihak-pihak                        The nature of transactions and balances of
          berelasi, baik yang dilaksanakan dengan                             accounts with related parties, whether or not
          ataupun tidak dilaksanakan dengan syarat                            executed according to terms and conditions
          serta kondisi yang sama untuk pihak ketiga,                         similar to those with third parties, are
          diungkapkan dalam catatan atas laporan                              disclosed in the notes to the financial
          keuangan.                                                           statements.




                                                            13
Page 303
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                            unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     b.   Transaksi    dengan    pihak-pihak    berelasi                b.    Transactions        with      related      parties
          (lanjutan)                                                          (continued)

          Pihak berelasi adalah orang atau entitas yang                       A related party is a person or entity that is
          terkait dengan entitas yang menyiapkan                              related to the entity that is preparing its
          laporan keuangannya (“entitas pelapor”).                            financial statements (“reporting entity”).
          Termasuk pihak berelasi, sebagai berikut:                           Related parties are as follow:

          1) Orang atau anggota keluarga terdekat                             1) A person or a close member of that
             mempunyai relasi dengan entitas pelapor                             person’s family is related to a reporting
             jika orang tersebut:                                                entity if that person:
             a) Memiliki        pengendalian  atau                               a) Has control or joint control of the
                pengendalian bersama atas entitas                                   reporting entity;
                pelapor;
             b) Memiliki pengaruh signifikan atas                                b) Has significant influence over the
                entitas pelapor; atau                                               reporting entity; or
             c) Merupakan personil manajemen kunci                               c) Is a member of the key management
                entitas pelapor atau entitas induk                                  personnel of the reporting entity or of
                entitas pelapor.                                                    a parent of the reporting entity.

          2) Entitas mempunyai relasi dengan entitas                          2) An entity is related to a reporting entity if
             pelapor jika entitas tersebut:                                      any of the following conditions applies:

             a) Entitas dan entitas pelapor adalah                               a) The entity and the reporting entity are
                anggota dari kelompok usaha yang                                    members of the same group (which
                sama (artinya entitas induk, entitas                                means that parent, subsidiary, and
                anak, dan entitas anak berikutnya                                   fellow subsidiary is related to the
                terkait dengan entitas lain);                                       others);

             b) Suatu entitas adalah entitas asosiasi                            b) One entity is an associate or joint
                atau ventura bersama dari entitas lain                              venture of the other entity (or an
                (atau entitas asosiasi atau ventura                                 associate or joint venture of a member
                bersama yang merupakan anggota                                      of a group of which the other entity is
                suatu kelompok usaha, yang mana                                     a member);
                entitas    lain   tersebut     adalah
                anggotanya);

             c) Kedua entitas tersebut adalah ventura                            c) Both entities are joint ventures of the
                bersama dari pihak ketiga yang sama;                                same third party;

             d) Suatu entitas adalah ventura bersama                             d) One entity is a joint venture of a third
                dari entitas ketiga dan entitas yang lain                           entity and the other entity is an
                adalah entitas asosiasi dari entitas                                associate of the third entity;
                ketiga;

             e) Entitas tersebut adalah suatu program                            e) The entity is a post-employment
                imbalan pasca-kerja untuk imbalan                                   benefit plan for the employment
                kerja dari salah satu entitas pelapor                               benefit of either the reporting entity or
                atau entitas yang terkait dengan                                    an entity related to the reporting entity.
                entitas pelapor. Jika entitas pelapor                               If the reporting entity is itself such a
                adalah           entitas         yang                               plan, the sponsoring employers are
                menyelenggarakan program tersebut,                                  also related to the reporting entity;
                maka entitas sponsor juga berelasi
                dengan entitas pelapor;

             f) Entitas     yang   dikendalikan  atau                            f) The entity is controlled or jointly
                dikendalikan bersama oleh orang yang                                controlled by a person identified in 1);
                diidentifikasi sebagaimana dimaksud                                 or
                dalam angka 1); atau
                                                            14
Page 304
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                          As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                   and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                             unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     b.   Transaksi    dengan    pihak-pihak     berelasi                b.    Transactions        with      related      parties
          (lanjutan)                                                           (continued)

          Pihak berelasi adalah orang atau entitas yang                        A related party is a person or entity that is
          terkait dengan entitas yang menyiapkan                               related to the entity that is preparing its
          laporan keuangannya (“entitas pelapor”).                             financial statements (“reporting entity”).
          Termasuk pihak berelasi, sebagai berikut                             Related parties are as follow (continued):
          (lanjutan):

          2) Entitas mempunyai relasi dengan entitas                           2) An entity is related to a reporting entity if
             pelapor jika entitas tersebut (lanjutan):                            any of the following conditions applies
                                                                                  (continued):

             g) Orang yang diidentifikasi sebagaimana                             g) A person identified in 1) a) has
                dimaksud dalam angka 1) huruf a)                                     significant influence over the entity or
                memiliki pengaruh signifikan atas                                    is a member of the key management
                entitas atau merupakan personil                                      personnel of the entity (or a parent of
                manajemen kunci entitas (atau entitas                                the entity).
                induk dari entitas).

             h) Entitas, atau anggota dari kelompok di                           h) The entity, or any member of a group of
                mana entitas merupakan bagian dari                                  which it is a part, provides key
                kelompok tersebut, menyediakan jasa                                 management personnel services to the
                personil manajemen kunci kepada                                     reporting entity or to the parent of the
                entitas pelapor atau kepada entitas                                 reporting entity.
                induk dari entitas pelapor

          Seluruh transaksi dan saldo yang material                            All significant transactions and balances with
          dengan pihak-pihak berelasi diungkapkan                              related parties are disclosed in the relevant
          dalam catatan atas laporan keuangan yang                             notes to the financial statements.
          relevan.

     c.   Aset dan liabilitas keuangan                                   c.    Financial assets and liabilities

          Aset keuangan diklasifikasikan sebagai aset                          Financial assets has been classified as
          keuangan yang diukur berdasarkan biaya                               financial assets measured at amortized cost,
          perolehan diamortisasi, aset keuangan diukur                         financial assets measured at fair value
          dengan nilai wajar melalui penghasilan                               through other comprehensive income, and
          komprehensif lain, dan aset keuangan diukur                          financial assets measured at fair value
          dengan nilai wajar melalui laba rugi.                                through profit or loss.

          Sedangkan, liabilitas keuangan diklasifikasikan                      Meanwhile, financial liabilities are classified
          sebagai liabilitas keuangan yang diukur                              as financial liabilities measured at amortized
          berdasarkan biaya perolehan diamortisasi dan                         cost and financial liabilities measured at fair
          liabilitas keuangan yang diukur pada nilai wajar                     value through profit or loss.
          melalui laba rugi.

          Pengakuan dan Pengukuran                                             Recognition and Measurement
          Klasifikasi aset keuangan menggunakan                                The classification of financial assets uses the
          pendekatan model bisnis dan karakteristik arus                       business model approach and contractual
          kas kontraktual dari aset keuangan tersebut.                         cash flow characteristic of the financial
          Setelah pengakuan awal, aset keuangan                                assets. After initial recognition, financial
          diukur dengan biaya perolehan diamortisasi,                          assets are measure at amortized cost, fair
          nilai wajar melalui penghasilan komprehensif                         value through other comprehensive income
          lain dan nilai wajar melalui laba rugi                               and fair value through profit or loss based on
          berdasarkan pada model bisnis yang diadopsi.                         the business model adopted.


                                                             15
Page 305
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                        As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                 and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                           unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     c.   Aset dan liabilitas keuangan (lanjutan)                      c.    Financial assets and liabilities (continued)

          Pengakuan dan Pengukuran (lanjutan)                                Recognition and Measurement (continued)

          Penilaian Model Bisnis                                             Business Model Assessment

          Perusahaan menentukan model bisnisnya                              The Company determines its business model
          pada tingkat yang terbaik dimana tercemin                          at the level that best reflects how it manages
          bagaimana Perusahaan mengelola kelompok                            groups of financial assets to achieve its
          aset keuangan untuk mencapai tujuan                                business objective:
          bisnisnya:
          a.   Risiko yang mempengaruhi kinerja model                        a.   The risk that affects the performance of
               bisnis (dan aset keuangan yang dimiliki                            the business model (and the financial
               dalam model bisnis itu) dan, khususnya                             assets held within that business model)
               cara risiko itu dikelola.                                          and, in particular, the way those risks
                                                                                  are managed.

          b.   Bagaimana manajer bisnis dikompensasi                         b.   How managers of the business are
               (misalnya, apakah kompensasi didasarkan                            compensated (for example, whether the
               pada nilai wajar dari aset yang dikelola                           compensation is based on the fair value
               atau pada arus kas kontraktual yang                                of the assets managed or on the
               dikumpulkan).                                                      contractual cash flows collected).

          Frekuensi, nilai, dan waktu penjualan yang                         The expected frequency, value and timing of
          diharapkan juga merupakan aspek penting dari                       sales are also important aspect of the
          penilaian Perusahaan.                                              Company’s assessment.

          Penilaian model bisnis didasarkan pada                             The business model assessment is based on
          skenario yang diharapkan secara wajar tanpa                        reasonably expected scenarios without
          mempertimbangkan skenario ‘kasus terburuk’                         taking ‘worst case’ or ‘stress case’ scenarios
          atau ‘kasus stres’. Jika arus kas setelah                          into account. If cash flows after initial
          pengakuan awal direalisasikan dengan cara                          recognition are realized in a way that is
          yang berbeda dari harapan awal Perusahaan,                         different from the Company’s original
          Perusahaan tidak mengubah klasifikasi aset                         expectations, the Company does not change
          keuangan yang tersisa dalam model bisnis                           the classificaton of the remaining financial
          tersebut, tetapi memasukan informasi tersebut                      assets held in that business model, but
          ketika menilai aset keuangan yang baru                             incorporates     such     information    when
          diperoleh atau yang baru dibeli kedepannya.                        assessing newly originated or newly
                                                                             purchased financial assets going forward.

          Tes SPPI                                                           SPPI Test

          Sebagai langkah kedua dari proses klasifikasi,                     As a second step of its classification process,
          Perusahaan menilai persyaratan kontrak dari                        the Company assesses the contractual terms
          aset keuangan untuk mengidentifikasi apakah                        of the financial assets to identify whether
          mereka memenuhi tes SPPI.                                          they meet the SPPI test.

          Pokok untuk tujuan pengujian ini didefinisikan                     Principal for the purpose of this test is
          sebagai nilai wajar dari aset keuangan pada                        defined as the fair value of the financial
          pengakuan awal dan dapat berubah selama                            assets at initial recognition and may change
          umur aset keuangan (misalnya, jika ada                             over the life of the financial asset (for
          pembayaran      pokok      atau    amortisasi                      example, if there are repayments of principal
          premi/diskon).                                                     or amortization of the premium/discount).




                                                           16
Page 306
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                          As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                   and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                             unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)
     c.   Aset dan liabilitas keuangan (lanjutan)                        c.    Financial assets and liabilities (continued)

          Pengakuan dan Pengukuran (lanjutan)                                  Recognition and Measurement (continued)

          Tes SPPI (lanjutan)                                                  SPPI Test (continued)

          Elemen bunga yang paling signifikan dalam                            The most significant elements of interests
          pengaturan      pinjaman  biasanya    adalah                         within a lending arrangement are typically the
          pertimbangan untuk nilai waktu dari uang dan                         consideration for the time value of money
          risiko kredit. Untuk membuat penilaian SPPI,                         and credit risk. To make the SPPI
          Perusahaan menerapkan penilaian dan                                  assessment,       the     Company     applies
          mempertimbangkan faktor-faktor yang relevan                          judgement and considers relevant factors
          seperti mata uang dimana aset keuangan                               such as the currency in which the financial
          didenominasi, dan periode dimana tingkat                             asset is denominated, and the period for
          bunga ditetapkan.                                                    which the interest rate is set.

          Semua instrumen keuangan pada saat                                   All financial instruments are measured
          pengakuan awal diukur sebesar nilai wajarnya.                        initially at their fair value. In the case that
          Dalam hal aset keuangan atau liabilitas                              financial assets or financial liabilities are not
          keuangan tidak diukur pada nilai wajar melalui                       designated at fair value through profit or loss,
          laba rugi, nilai wajar tersebut ditambah biaya                       the fair value should be added with
          transaksi yang dapat diatribusikan secara                            attributable transaction costs directly from
          langsung dengan perolehan atau penerbitan                            acquisition or issuance of financial assets or
          aset keuangan atau liabilitas keuangan                               financial liabilities.
          tersebut.

          Aset Keuangan                                                        Financial Assets

          a)   Aset keuangan yang diukur dengan biaya                          a)   Financial assets measured at amortized
               perolehan diamortisasi                                               cost
               Aset keuangan yang diukur dengan biaya                               Financial assets measured at amortized
               perolehan diamortisasi adalah aset                                   cost are financial assets that meet one
               keuangan yang memenuhi salah satu                                    of the conditions of financial assets
               kondisi aset keuangan dikelola dalam                                 managed in a model business that aims
               model bisnis yang bertujuan untuk                                    to have the financial assets in order to
               memiliki aset keuangan dalam rangka                                  obtain contractual cash flows, and the
               mendapatkan arus kas kontraktual, dan                                contractual terms of financial assets on
               persyaratan   kontraktual     dari     aset                          the certain date increase cash flows
               keuangan     pada      tanggal     tertentu                          solely payments of principle and interest
               meningkatkan arus kas semata dari                                    “SPPI” (Solely Payment of Principal and
               pembayaran pokok dan bunga “SPPI”                                    Interest).
               (Solely Payment of Principal and Interest).




                                                             17
Page 307
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                            unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)
     c.   Aset dan liabilitas keuangan (lanjutan)                       c.    Financial assets and liabilities (continued)

          Pengakuan dan Pengukuran (lanjutan)                                 Recognition and Measurement (continued)

          Aset Keuangan (lanjutan)                                            Financial Assets (continued)

          a)   Aset keuangan yang diukur dengan biaya                         a)   Financial assets measured at amortized
               perolehan diamortisasi (lanjutan)                                   cost (continued)

               Pada saat pengakuan awal aset                                       Financial assets measured at amortized
               keuangan yang diukur dengan biaya                                   cost are initially recognized at fair value
               perolehan diamortisasi dicatat sebesar                              and     subsequently       measured      at
               nilai wajar, selanjutnya diukur pada biaya                          amortized cost using the effective
               perolehan        diamortisasi      dengan                           interest rate (EIR) method, less
               menggunakan metode suku bunga efektif                               impairment. Amortized cost is calculated
               (EIR), dikurangi dengan penurunan nilai.                            by taking into account any discount or
               Biaya perolehan diamortisasi dihitung                               premium on initial acquisition and
               dengan memperhitungkan diskonto atau                                fees/costs that are an integral part of the
               premi pada awal akuisisi dan fee/biaya                              effective interest rate (EIR). The
               sebagai bagian tidak terpisahkan dari                               amortization and the losses arising from
               suku bunga efektif (EIR). Amortisasi dan                            impairment of those financial assets are
               kerugian yang timbul dari penurunan nilai                           recognized in the statement of profit or
               aset keuangan tersebut akan diakui dalam                            loss and other comprehensive income.
               laporan laba rugi dan penghasilan
               komprehensif lain.

               Persyaratan penurunan nilai diterapkan                              Impairment requirements are applied to
               pada aset keuangan yang diukur dengan                               financial assets measured at amortized
               biaya perolehan.                                                    cost.


          b)   Aset keuangan yang diukur pada nilai                           b)   Financial assets measured at fair value
               wajar melalui penghasilan komprehensif                              through other comprehensive income
               lain

               Aset keuangan yang diukur pada nilai                                Financial assets measured at fair value
               wajar melalui penghasilan komprehensif                              through other comprehensive income
               lain adalah aset keuangan yang                                      are financial assets that meet one of the
               memenuhi salah satu kondisi aset                                    conditions of financial assets managed
               keuangan dikelola dengan model bisnis                               with a business model whose purpose
               yang tujuannya akan terpenuhi dengan                                will be fulfilled by obtaining contractual
               mendapatkan arus kas kontraktual dan                                cash flow and selling financial assets,
               menjual aset keuangan, dan persyaratan                              and the contractual terms of the financial
               kontraktual dari aset keuangan tersebut                             assets grant rights on a certain date for
               memberikan hak pada tanggal tertentu                                cash flows solely payments of principal
               atas arus kas yang semata dari                                      and interest on the principal amount
               pembayaran pokok dan bunga dari jumlah                              owed.
               pokok terutang.




                                                            18
Page 308
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                            unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)
     c.   Aset dan liabilitas keuangan (lanjutan)                       c.    Financial assets and liabilities (continued)

          Pengakuan dan Pengukuran (lanjutan)                                 Recognition and Measurement (continued)

          Aset Keuangan (lanjutan)                                            Financial Assets (continued)

          c)   Aset keuangan yang diukur pada nilai                           c)   Financial assets measured at fair value
               wajar melalui laba rugi                                             through profit or loss

               Pada saat pengakuan awal, aset                                      Financial assets measured at fair value
               keuangan yang diukur pada nilai wajar                               through other comprehensive income
               melalui penghasilan komprehensif lain                               are initially recognized at fair value and
               dicatat sebesar nilai wajar, selanjutnya                            measured subsequently at fair value
               diukur sebesar nilai wajar dengan                                   with gains or losses arising from the
               keuntungan atau kerugian dari perubahan                             changes in fair value under other
               nilai    wajar    dalam      penghasilan                            comprehensive income, except for
               komprehensif lainnya, kecuali kerugian                              impairment on financial assets and
               penurunan nilai atas aset keuangan dan                              foreign exchange gains or losses.
               keuntungan     atau   kerugian    akibat
               perubahan kurs.

               Persyaratan penurunan nilai diterapkan                              Impairment requirements are applied to
               pada aset keuangan yang diukur pada                                 financial assets measured at fair value
               nilai   wajar      melalui penghasilan                              through other comprehensive income.
               komprehensif lain.

               Aset keuangan yang diukur pada nilai                                Financial assets are measured at fair
               wajar melalui laba rugi kecuali aset                                value through profit or loss unless those
               keuangan tersebut diukur dengan biaya                               financial assets are measured at
               perolehan diamortisasi atau diukur pada                             amortized cost or measured at fair value
               nilai   wajar    melalui    penghasilan                             through other comprehensive income,
               komprehensif lain, dan dimiliki dalam                               and are held in a business model for
               model bisnis yang tujuannya untuk                                   trading purposes.
               diperdagangkan.

               Setelah pengukuran awal, aset keuangan                              After initial recognition, the financial
               yang dikelompokkan dalam kategori ini                               assets included in this category are
               diukur sebesar nilai wajarnya, keuntungan                           measured at fair value, the unrealized
               atau kerugian yang belum direalisasi                                gains or losses resulting from changes
               akibat perubahan nilai wajar instrumen                              in fair value are recognized in the
               keuangan tersebut diakui dalam laporan                              statement of profit or loss and other
               laba rugi dan penghasilan komprehensif                              comprehensive           income         as
               lain sebagai “Kenaikan/(penurunan) nilai                            “Increase/(decrease) in value of financial
               instrumen keuangan”.                                                instruments”.

          Aset keuangan perusahaan terdiri dari kas dan                       The Company’s financial assets consist of
          setara kas, piutang sewa pembiayaan-neto,                           cash and cash equivalents, financial lease
          piutang pembiayaan konsumen-neto, piutang                           receivables-net,     consumer        financing
          lain-lain (piutang karyawan, piutang premi                          receivables-net, other receivables (employee
          asuransi dan piutang ijarah) dan aset lain-lain                     receivables, insurance premium receivables
          (piutang subsidi) yang diklasifikasikan sebagai                     and ijarah receivables) and other assets
          aset keuangan diukur pada biaya perolehan                           (subsidy receivables) classified as financial
          diamortisasi.                                                       assets measured at amortized cost.




                                                            19
Page 309
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                        As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                 and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                           unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     c.   Aset dan liabilitas keuangan (lanjutan)                      c.    Financial assets and liabilities (continued)

          Pengakuan dan Pengukuran (lanjutan)                                Recognition and Measurement (continued)

          Aset Keuangan (lanjutan)                                           Financial Assets (continued)

          Aset Keuangan Yang Direstrukturisasi                               Restructured Financial Assets

          Jika ketentuan aset keuangan dinegosiasikan                       If the terms of the financial assets are
          ulang atau dimodifikasi atau aset keuangan                        renegotiated or modified or the existing
          yang ada diganti dengan yang baru karena                          financial assets are replaced with new ones
          kesulitan keuangan peminjam, maka dilakukan                       due to the borrower’s financial difficulties, an
          penilaian apakah aset keuangan yang ada                           assessment is made whether recognition of
          harus dihentikan pengakuannya dan kerugian                        existing financial assets must be derecognized
          kredit ekspektasian diukur sebagai berikut:                       and expected credit losses measured as
                                                                            follows:

             Jika restrukturisasi tidak mengakibatkan                          If the restructuring does not result in the
              penghentian pengakuan aset yang ada,                               termination of recognition of existing
              maka arus kas yang diperkirakan yang                               assets, then the estimated cash flows
              timbul    dari   aset    keuangan     yang                         arising from the modified financial assets
              dimodifikasi      dimasukkan         dalam                         are included in the calculation of cash
              perhitungan kekurangan kas dari aset                               shortages of existing assets.
              yang ada.
             Jika restrukturisasi akan menghasilkan                            If the restructuring will result in a
              penghentian pengakuan aset yang ada,                               derecognition of the existing assets, the
              maka nilai wajar aset baru diperlakukan                            fair value of the new asset is treated as
              sebagai arus kas akhir dari aset keuangan                          the final cash flow of the existing financial
              yang ada pada saat penghentian                                     assets at the time of derecognition. This
              pengakuannya. Jumlah ini dimasukkan                                amount is included in the calculation of
              dalam perhitungan kekurangan kas dari                              cash shortages from existing financial
              aset    keuangan      yang    ada     yang                         assets which are discounted from the
              didiskontokan dari tanggal penghentian                             date of derecognition to the reporting
              pengakuan      ke     tanggal    pelaporan                         date using the initial effective interest rate
              menggunakan suku bunga efektif awal                                of the existing financial assets.
              dari aset keuangan yang ada.
          Penghentian Pengakuan                                              Derecognition

          Perusahaan menghentikan pengakuan aset                            The Company derecognizes a financial asset
          keuangan, jika dan hanya jika, hak kontraktual                    if, and only if, the contractual rights to receive
          untuk menerima arus kas yang berasal dari aset                    cash flows from the asset have expired; or the
          keuangan tersebut berakhir; atau Perusahaan                       Company has transferred its rights to receive
          mentransfer hak untuk menerima arus kas yang                      cash flows from the asset or has assumed an
          berasal dari aset keuangan atau menanggung                        obligation to pay the received cash flows in full
          kewajiban untuk membayarkan arus kas yang                         without material delay to a third party under a
          diterima tersebut secara penuh tanpa                              pass through arrangement; and either (a) the
          penundaan berarti kepada pihak ketiga di                          Company has transferred substantially all the
          bawah kesepakatan pelepasan (pass through                         risks and rewards of the asset, or (b) the
          arrangement); dan (a) Perusahaan telah                            Company has neither transferred nor retained
          mentransfer secara substansial seluruh risiko                     substantially all the risks and rewards of the
          dan manfaat atas aset, atau (b) Perusahaan                        asset, but has transferred control of the asset.
          tidak mentransfer maupun tidak memiliki secara
          substansial seluruh risiko dan manfaat atas
          aset, namun telah mentransfer pengendalian
          atas aset.



                                                           20
Page 310
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                          As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                   and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                             unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)
     c.   Aset dan liabilitas keuangan (lanjutan)                        c.    Financial assets and liabilities (continued)

          Pengakuan dan Pengukuran (lanjutan)                                  Recognition and Measurement (continued)

          Liabilitas Keuangan                                                  Financial Liabilities

          Liabilitas keuangan setelah pengakuan awal                           Financial liabilities after initial recognition are
          diukur pada biaya perolehan diamortisasi                             measured at amortized cost using the
          dengan menggunakan metode suku bunga                                 effective interest rate (EIR) method, except:
          efektif (EIR), kecuali:

          a.   Liabilitas keuangan pada nilai wajar                            a.   Financial liabilities at fair value through
               melalui laba rugi. Liabilitas tersebut,                              profit or loss. These liabilities, including
               termasuk derivatif yang merupakan                                    derivatives that are liabilities, then will be
               liabilitas, selanjutnya akan diukur melalui                          measured at fair value.
               nilai wajar.

          b.   Liabilitas yang timbul ketika pengalihan                        b.   Liabilities that arise when the transfer of
               aset keuangan yang tidak memenuhi                                    financial assets that do not meet the
               syarat penghentian pengakuan atau ketika                             conditions for termination of recognition
               pendekatan keterlibatan berkelanjutan                                or when a sustainable engagement.
               diterapkan.

          c.   Kontrak jaminan keuangan.                                       c.   Financial guarantee contract.


          d.   Komitmen untuk menyediakan kredit atau                          d.   Commitment to providing loan                or
               pembiayaan dengan suku bunga pasar.                                  financing at market interest rates.

          e.   Imbalan kontijensi yang diakui oleh pihak                       e.   Contingency rewards recognized by the
               pengakuisisi     dalam kombinasi bisnis                              acquirer in the business combination
               dimana PSAK No. 22 diterapkan. Imbalan                               where SFAS No. 22 is applied.
               kontijensi selanjutnya diukur pada nilai                             Contingent       consideration        is
               wajar dan selisihnya diakui dalam laporan                            subsequently measured at fair value and
               laba rugi.                                                           the difference is recognized in the
                                                                                    income statement.

          Jika diketahui bahwa beberapa instrumen                              If it is known that several financial
          keuangan dibuat dari 2 (dua) elemen -                                instruments are made up of 2 (two) elements
          komponen liabilitas dan komponen ekuitas,                            - the liability component and the equity
          maka instrumen keuangan harus dipisahkan                             component, then the financial instrument
          menjadi 2 (dua) komponen sebagai liabilitas                          should be separated into 2 (two) components
          keuangan dan yang lainnya sebagai instrumen                          as financial liabilities and others as equity
          ekuitas.                                                             instruments.

          Liabilitas keuangan Perusahaan terdiri dari                          The Company’s financial liabilities consist of
          utang bank, utang dealer, beban akrual -                             bank loans, payables to dealer, accrued
          bunga, utang lain-lain (kewajiban ke bank) dan                       expenses - interest, other payables (liabilities
          utang obligasi yang diklasifikasikan sebagai                         to bank) and bonds payable which classified
          liabilitas keuangan lainnya yang diukur pada                         as other financial liabilities measured at
          biaya perolehan diamortisasi.                                        amortized cost.




                                                             21
Page 311
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                            unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)
     c.   Aset dan liabilitas keuangan (lanjutan)                       c.    Financial assets and liabilities (continued)

          Pengakuan dan Pengukuran (lanjutan)                                 Recognition and Measurement (continued)

          Instrumen Ekuitas                                                   Equity instruments

          a)   Instrumen ekuitas yang diukur pada nilai                       a)   Equity instruments measured at fair
               wajar melalui laba rugi                                             value through profit or loss

               Instrumen ekuitas harus diukur pada nilai                           Equity instruments should be measured
               wajar melalui laba rugi. Akan tetapi,                               at fair value through profit or loss.
               Perusahaan dapat menetapkan pilihan                                 However, the Company may decide
               yang tidak dapat dibatalkan saat                                    irrevocable    choices    upon    initial
               pengakuan awal atas investasi pada                                  recognition of investments in certain
               instrumen ekuitas tertentu untuk diukur                             equity instruments to be measured at fair
               pada nilai wajar melalui penghasilan                                value through other comprehensive
               komprehensif lain.                                                  income.

          b)   Instrumen ekuitas yang diukur pada nilai                       b)   Equity instruments measured at fair
               wajar melalui penghasilan komprehensif                              value through other comprehensive
               lain                                                                income

               Ketika pilihan untuk mengukur pada nilai                            When the choice to measure at fair
               wajar melalui penghasilan komprehensif                              value through other comprehensive
               lain dilakukan, setelah penghentian                                 income is executed, after derecognition,
               pengakuan, keuntungan dan kerugian                                  gains and losses in other comprehensive
               dalam pendapatan komprehensif lain tidak                            income are not transferred to profit or
               dipindahkan ke laba atau rugi (“without                             loss (without recycling).
               recycling”).

          Namun, pendapatan dividen dari instrumen                            However, dividend income of equity
          ekuitas harus diakui dalam laporan laba rugi.                       instrument should be recognized in the
                                                                              statement of profit or loss.

          Reklasifikasi Instrumen Keuangan                                    Reclassification of Financial Instruments

          Reklasifikasi aset keuangan diizinkan jika (dan                     Reclassification of financial assets is
          hanya jika) Perusahaan melakukan perubahan                          permissible when (and only when) the
          pada model bisnis untuk mengatur aset                               Company make changes to the business
          keuangannya, namun Perusahaan harus                                 model to manage their financial assets, but
          mereklasifikasi semua aset keuangan yang                            the Company must reclassify all affected
          terdampak dengan model bisnis yang baru.                            financial assets following the new business
                                                                              model.

          Reklasifikasi   harus   diterapkan      secara                      Reclassifications      should     be     applied
          prospektif dari ‘tanggal reklasifikasi’, yang                       prospectively       from     'the    date       of
          didefinisikan sebagai, ‘hari pertama dari                           reclassification', which is defined as, 'the first
          periode pelaporan pertama setelah perubahan                         day of the first reporting period after the
          model bisnis yang menghasilkan reklasifikasi                        change in the business model that results in
          aset keuangan’. Oleh karena itu, semua                              the reclassification of financial assets'.
          keuntungan, kerugian atau bunga yang                                Therefore, all previously recognized gains,
          sebelumnya diakui tidak perlu disajikan                             losses or interest need not be restated.
          kembali.




                                                            22
Page 312
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                           PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                           As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                    and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                       (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                              unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     c.   Aset dan liabilitas keuangan (lanjutan)                         c.    Financial assets and liabilities (continued)

          Reklasifikasi Instrumen Keuangan (lanjutan)                           Reclassification    of    Financial   Instruments
                                                                                (continued)

          Perusahaan tidak diperkenankan             untuk                      The Company is not permitted to reclassify
          mereklasifikasi liabilitas keuangan.                                  financial liabilities

          Perubahan      berikut   ini  adalah      bukan                       The following changes are not a
          merupakan reklasifikasi:                                              reclassification:
          a. Item yang sebelumnya telah ditetapkan                              a. Items       previously designated and
              dan efektif sebagai instrumen lindung nilai                            effective as hedging instruments in cash
              pada lindung nilai arus kas atau lindung                               flow hedges or net investment hedges,
              nilai investasi neto, namun tidak lagi                                 but no longer meet such qualifications;
              memenuhi kualifikasi seperti itu;
          b. Item yang kemudian ditetapkan dan efektif                          b.   The items are then designated and
              sebagai instrumen lindung nilai dalam                                  effective as hedging instruments in cash
              lindung nilai arus kas atau lindung nilai                              flow hedges or net investment hedges,
              investasi neto, dan                                                    and
          c. Perubahan dalam pengukuran ketika                                  c.   Changes in measurement when the
              Perusahaan       memilih     opsi      untuk                           Company chooses the option to set
              menetapkan eksposur kredit sebagai                                     credit exposures as measured at fair
              diukur pada nilai wajar melalui laba rugi.                             value through profit or loss.

          Persyaratan untuk reklasifikasi aset keuangan:                        Requirement         for      financial      assets
                                                                                reclassification:

          Perusahaan      dapat    mereklasifikasi  aset                        The Company may reclassify financial assets
          keuangan yang diukur pada biaya perolehan                             measured at amortized cost to financial
          diamortisasi ke aset keuangan yang diukur                             assets measured at fair value through profit
          pada nilai wajar melalui laba rugi dengan                             or loss with requirement of its fair value is
          persyaratan nilai wajarnya diukur pada tanggal                        measured at reclassification date. Gain and
          reklasifikasi. Keuntungan dan kerugian yang                           losses arising from the difference between
          timbul dari selisih antara biaya perolehan                            previous amortized cost and fair value of the
          diamortisasi sebelumnya dan nilai wajar aset                          financial assets are recognized in profit and
          keuangan diakui dalam laba rugi.                                      loss.

          Perusahaan       dapat    mereklasifikasi    aset                     The Company may reclassify financial assets
          keuangan yang diukur pada nilai wajar melalui                         measured at fair value through profit or loss
          laba rugi ke aset keuangan yang diukur pada                           to financial assets measured at amortized
          biaya      perolehan     diamortisasi     dengan                      cost with requirement of fair value at the
          persyaratan nilai       wajar    pada tanggal                         reclassification date becomes the new gross
          reklasifikasi menjadi jumlah tercatat bruto yang                      carrying amount.
          baru.

          Perusahaan     dapat   mereklasifikasi    aset                        The Company may reclassify financial assets
          keuangan yang diukur pada biaya perolehan                             measured at amortized cost to financial
          diamortisasi ke aset keuangan yang diukur                             assets measured at fair value through other
          pada nilai     wajar melalui     penghasilan                          comprehensive income with requirement of
          komprehensif lainnya dengan persyaratan nilai                         its fair value is measure at reclassification
          wajarnya diukur pada tanggal reklasifikasi.                           date. Gain and losses arising from the
          Keuntungan dan kerugian yang timbul dari                              difference between previous amortized cost
          selisih antara biaya perolehan diamortisasi                           and fair value of the financial assets are
          sebelumnya dan nilai wajar aset keuangan                              recognized in other comprehensive income.
          diakui dalam penghasilan komprehensif lain.



                                                              23
Page 313
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                          As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                   and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                             unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     c.   Aset dan liabilitas keuangan (lanjutan)                        c.    Financial assets and liabilities (continued)

          Reklasifikasi Instrumen Keuangan (lanjutan)                          Reclassification    of   Financial    Instruments
                                                                               (continued)

          Persyaratan untuk reklasifikasi aset keuangan                        Requirement        for     financial        assets
          (lanjutan):                                                          reclassification (continued):

          Perusahaan      dapat   mereklasifikasi   aset                       The Company may reclassify financial assets
          keuangan yang diukur pada nilai wajar melalui                        measured at fair value through other
          penghasilan komprehensif lain ke aset                                comprehensive income to financial assets
          keuangan yang diukur pada biaya perolehan                            measured at amortized cost with requirement
          diamortisasi dengan persyaratan keuntungan                           of cumulative gain or loss previously
          dan kerugian kumulatif yang sebelumnya                               recognized in other comprehensive income is
          diakui dalam penghasilan komprehensif lain                           removed from equity and applied against the
          dihapus dari ekuitas dan disesuaikan terhadap                        fair value of the financial assets at the
          nilai wajar dari aset keuangan pada tanggal                          reclassification date.
          reklasifikasi.

          Perusahaan      dapat    mereklasifikasi    aset                     The Company may reclassify financial assets
          keuangan yang diukur pada nilai wajar melalui                        measured at fair value through profit or loss
          laba rugi ke aset keuangan yang diukur pada                          to financial assets measured at fair value
          penghasilan     komprehensif     lain    dengan                      through other comprehensive income with
          persyaratan aset keuangan tetap diukur pada                          requirement of financial asset continuous to
          nilai wajarnya, tetapi selanjutnya keuntungan                        be measured at fair value but subsequent
          dan     kerugian    diakui    di    penghasilan                      gain and losses are recognized in other
          komprehensif lain, bukan di laba rugi.                               comprehensive income rather than profit and
                                                                               loss.

          Perusahaan      dapat    mereklasifikasi aset                        The Company may reclassify financial assets
          keuangan yang diukur pada penghasilan                                measured at fair value through other
          komprehensif lain ke aset keuangan yang                              comprehensive income to financial assets
          diukur pada nilai wajar melalui laba rugi                            measured at fair value through profit or loss
          dengan persyaratan aset keuangan tetap                               with    requirement     of    financial    asset
          diukur pada nilai wajarnya dan keuntungan dan                        continuous to be recognized at fair value and
          kerugian kumulatif yang sebelumnya diakui di                         the cumulative gain or loss previously
          penghasilan komprehensif lain di reklasifikasi                       recognized in other comprehensive income is
          dari ekuitas ke laba rugi sebagai penyesuaian                        reclassified from equity to profit and loss.
          reklasifikasi.

          Perusahaan melakukan penilaian kembali                               The Company reassess the business model
          terhadap model bisnis setiap periode                                 each reporting period to determine whether
          pelaporan untuk menentukan apakah ada                                there has been change in the business
          perubahan model bisnis dari periode                                  model from previous period.
          sebelumnya.




                                                             24
Page 314
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                          As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                   and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                             unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued))

     c.   Aset dan liabilitas keuangan (lanjutan)                        c.    Financial assets and liabilities (continued)

          Reklasifikasi Instrumen Keuangan (lanjutan)                          Reclassification    of   Financial    Instruments
                                                                               (continued)

          Persyaratan untuk reklasifikasi aset keuangan                        Requirement        for     financial        assets
          (lanjutan):                                                          reclassification (continued):

          Perubahan pada model bisnis sangat jarang                            Changes to the business model are very
          terjadi, tetapi jika terjadi perubahan harus                         rare, but if the changes occur must be
          ditentukan oleh manajemen senior Perusahaan                          determined by senior management of the
          sebagai akibat dari perubahan eksternal atau                         Company as a result of external or internal
          internal, signifikan terhadap operasional                            changing, significant to the Company’s
          Perusahaan, dan bisa dibuktikan pada pihak                           operational, and could be proven to external
          eksternal. Sejalan dengan hal tersebut,                              parties. In line with this, changes in the
          perubahan pada model bisnis Perusahaan                               business model of the Company will occur
          akan terjadi hanya jika Perusahaan memulai                           only if the Company starts and stops to
          dan berhenti untuk melaksanakan aktivitas                            carrying out significant activity to their
          yang signifikan terhadap kegiatan operasinya.                        operating activity.

          Berikut ini bukan merupakan perubahan dalam                          The following are not considered to be
          model bisnis:                                                        changes in the business model:
          a. Perubahan intensi berkaitan dengan aset                           a. Changes in intention related to certain
               keuangan tertentu (termasuk dalam                                   financial assets (including in conditions
               kondisi terjadi perubahan signifikan                                of significant changes to market
               terhadap kondisi pasar).                                            conditions).
          b. Hilangnya suatu pasar secara sementara                            b. Temporary disappearance of a market of
               untuk aset keuangan.                                                financial assets.
          c. Pengalihan aset keuangan antar bagian                             c. Transfer of financial assets between
               dari entitas dengan model bisnis yang                               parts of an entity with a different
               berbeda.                                                            business model.

     d.   Penurunan nilai aset keuangan                                  d.    Impairment of financial assets

          Pada setiap tanggal pelaporan, Perusahaan                            At each reporting date, the Company
          mengukur penyisihan kerugian penurunan nilai                         measures the allowance of impairment
          instrumen      keuangan     sejumlah      kredit                     losses on financial instruments over their
          ekspektasian sepanjang umurnya, jika risiko                          lifetime expectancy, if the credit risk of the
          kredit atas instrumen keuangan tersebut telah                        financial     instrument       has     increased
          meningkat secara signifikan sejak pengakuan                          significantly since initial recognition. If at the
          awal. Jika pada tanggal pelaporan, risiko kredit                     reporting date, the credit risk of the financial
          atas instrumen keuangan tidak meningkat                              instrument has not increased significantly
          secara signifikan sejak pengakuan awal,                              since initial recognition, the entity measures
          entitas mengukur penyisihan kerugian untuk                           the allowance of impairment losses for the
          instrumen keuangan tersebut           sejumlah                       financial instrument in the amount of the
          kerugian ekspektasian 12 bulan. Kerugian                             expected         12-months        loss.       The
          dimaksud merepresentasikan kerugian kredit                           aforementioned losses represent expected
          ekspektasian yang timbul dari peristiwa gagal                        credit losses (ECL) arising from financial
          bayar instrumen keuangan yang mungkin                                instrument defaults that may occur 12
          terjadi dalam 12 bulan setelah tanggal                               months after the reporting date.
          pelaporan.




                                                             25
Page 315
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                       As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                   (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                          unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                    2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     d.   Penurunan nilai aset keuangan (lanjutan)                    d.    Impairment of financial assets (continued)
          Perusahaan menerapkan pendekatan tiga                             The Company apply a three-stages approach
          tahap berdasarkan kualitas kredit sejak awal                      based on the change in credit quality since
          pengakuan:                                                        initial recognition:

          -   Tahap 1                                                       -   Stage 1

              Tahap 1 ini termasuk aset keuangan yang                           Stage 1 includes financial assets which
              tidak memiliki peningkatan risiko kredit                          have not had a significant increase in
              signifikan sejak pengakuan awal atau                              credit risk since initial recognition or
              yang memiliki risiko kredit rendah saat                           which have low credit risk at reporting
              tanggal pelaporan. Kerugian kredit                                date. 12-months ECL is recognized.
              penurunan nilai 12 bulan diakui.

              Aset keuangan yang dikategorikan                                  Financial assets categorised as Stage 1
              sebagai Tahap 1 adalah aset keuangan                              is financial assets with days overdue
              dengan hari tunggakan kurang atau sama                            less or equal than 30 days.
              dengan 30 hari.

          -   Tahap 2                                                       -   Stage 2

              Tahap 2 ini termasuk aset keuangan yang                           Stage 2 includes financial assets which
              memiliki    peningkatan    risiko  kredit                         have had a significant increase in credit
              signifikan sejak pengakuan awal (kecuali                          risk since initial recognition (unless they
              memiliki risiko kredit yang rendah pada                           have low credit risk at the reporting date)
              tanggal pelaporan) namun tidak memiliki                           but do not have objective evidence of
              bukti obyektif penurunan nilai. Kerugian                          impairment. Lifetime ECL is recognized.
              kredit penurunan nilai sepanjang masa
              diakui.

              Aset keuangan yang dianggap telah                                 Financial     assets    considered     to
              mengalami peningkatan risiko kredit yang                          experience significant increase in credit
              signifikan dan dikategorikan sebagai                              risk and categorised as Stage 2 is
              Tahap 2 adalah aset keuangan dengan                               financial assets with days overdue 31-90
              hari tunggakan dari 31-90 hari.                                   days.

          -   Tahap 3                                                       -   Stage 3

              Tahap 3 ini termasuk aset keuangan yang                           Stage 3 includes financial assets that
              memiliki bukti objektif penurunan nilai                           have objective evidence of impairment at
              pada tanggal pelaporan. Kerugian kredit                           the reporting date. Lifetime ECL is
              penurunan nilai sepanjang masa diakui.                            recognized.

              Aset keuangan yang dikategorikan                                  Financial assets categorised as Stage 3
              sebagai Tahap 3 adalah aset keuangan                              is financial assets with days overdue
              dengan hari tunggakan lebih dari 90 hari.                         more than 90 days.




                                                          26
Page 316
                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                             PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                             As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                      and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                         (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                                unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                    POLICIES INFORMATION (continued)

     d.   Penurunan nilai aset keuangan (lanjutan)                          d.    Impairment of financial assets (continued)

          Perusahaan     mempertimbangkan        apakah                           The Company considers whether there is a
          terdapat kenaikan risiko kredit yang signifikan                         significant increase in credit risk (assessment
          (penilaian berdasarkan perubahan pada                                   based on changes in the probability of
          kemungkinan gagal bayar terjadi) yaitu dengan                           default) by comparing the initial credit risk of
          membandingkan risiko kredit awal instrumen                              financial instruments with the credit risk of
          keuangan dengan risiko kredit tanggal                                   the reporting date. If the Company estimates
          pelaporan. Jika Perusahaan mengestimasi                                 that financial instruments have low credit risk
          instrumen keuangan memiliki risiko kredit yang                          at the reporting date, the Company assumes
          rendah pada tanggal pelaporan, maka                                     that credit risk on financial instruments does
          Perusahaan mengasumsikan risiko kredit atas                             not increase significantly.
          instrumen keuangan tidak meningkat secara
          signifikan.

          Tujuan dari persyaratan penurunan nilai adalah                          The purpose of the impairment requirements
          untuk mengakui kerugian kredit ekspektasian                             is to recognize expected credit losses over
          sepanjang umurnya atas semua instrumen                                  the life of all financial instruments that have
          keuangan yang telah mengalami peningkatan                               experienced a significant increase in credit
          risiko kredit secara signifikan sejak pengakuan                         risk since initial recognition - whether
          awal - baik dinilai secara individu atau kolektif -                     assessed individually or collectively - taking
          dengan mempertimbangkan semua informasi                                 into account all reasonable and supported
          yang wajar dan terdukung, termasuk informasi                            information, including estimated information
          yang bersifat perkiraan masa depan (forward-                            future (forward-looking).
          looking).

          Dalam beberapa keadaan, Perusahaan tidak                                In some circumstances, the Company does
          memiliki informasi yang wajar dan terdukung                             not have reasonable and supported
          yang tersedia tanpa biaya atau upaya                                    information available without fees or
          berlebihan untuk mengukur kerugian kredit                               excessive efforts to measure expected credit
          ekspektasian sepanjang umurnya pada                                     losses throughout its life on individual
          instrumen secara individual. Kerugian kredit                            instruments. Expected credit losses for the
          ekspektasian sepanjang umurnya diakui                                   entire lifetime are recognized collectively by
          secara kolektif dengan mempertimbangkan                                 considering comprehensive credit risk
          informasi risiko kredit komprehensif. Informasi                         information. The comprehensive credit risk
          risiko kredit komprehensif tersebut harus                               information must include not only arrears
          memasukan tidak hanya informasi tunggakan                               information but also all relevant credit
          tetapi juga seluruh informasi kredit relevan,                           information,      including    forward-looking
          termasuk informasi makroekonomi forward-                                macroeconomic information, to approach the
          looking, untuk mendekati hasil dari pengakuan                           outcome of recognizing expected credit
          kerugian kredit ekspektasian sepanjang                                  losses over the life of when there is a
          umurnya ketika terdapat kenaikan signifikan                             significant increase in credit risk since initial
          pada risiko kredit sejak pengakuan awal pada                            recognition at the level of individual
          level instrumen individu.                                               instruments.

          Cadangan kerugian penurunan nilai secara                                Allowance for impairment losses that was
          kolektif dihitung dengan menggunakan metode                             assessed collectively, the Company uses
          statistik dari data historis berupa probability of                      statistical method of the historical data such
          default di masa lalu, waktu pengembalian dan                            as the probability of defaults, time of
          jumlah kerugian yang terjadi (Loss Given                                recoveries, the amount of loss incurred (Loss
          Default) yang selanjutnya disesuaikan lagi                              Given Default), considering management’s
          dengan pertimbangan manajemen terkait                                   judgment of current economic and credit
          kondisi ekonomi dan kredit saat ini.                                    conditions.




                                                                27
Page 317
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                           PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                           As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                    and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                       (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                              unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     d.   Penurunan nilai aset keuangan (lanjutan)                        d.    Impairment of financial assets (continued)

          PSAK No. 71 mensyaratkan penyertaan                                   SFAS No. 71 requires inclusion of
          informasi tentang kejadian masa lalu, kondisi                         information about past events, current
          saat ini, dan perkiraan kondisi ekonomi masa                          conditions, and forecasts of future economic
          depan. Perkiraan perubahan dalam kerugian                             conditions. The estimates of changes in
          kredit yang diharapkan harus mencerminkan,                            expected credit losses should reflect, and be
          dan secara langsung konsisten dengan,                                 directionally consistent with, changes in
          perubahan dalam data terkait yang diobservasi                         related observable data from period to
          dari periode ke periode. Perhitungan ECL ini                          period. The calculation of ECL requires
          membutuhkan estimasi forward looking dari                             estimation of forward looking Probability of
          Probability of Default (PD), Loss Given Default                       Default (PD), Loss Given Default (LGD), and
          (LGD), dan Exposure At Default (EAD).                                 Exposure At Default (EAD).

          Cadangan kerugian penurunan nilai atas                                Allowance for impairment              losses     on
          piutang murabahah                                                     murabahah receivables

          Berdasarkan Interpretasi Standar Akuntansi                            In accordance with Interpretation of Financial
          Keuangan No. 102, “Penurunan Nilai Piutang                            Accounting Standard No. 102, “Impairment of
          Murabahah”, PSAK No. 71 tidak diterapkan                              Murabahah Receivables”, SFAS No. 71 is
          untuk penurunan nilai dari aset-aset yang                             not applied to impairment of assets from
          berasal dari transaksi berbasis syariah.                              sharia based transactions.

          Pada setiap tanggal laporan posisi keuangan,                          At each date of the statement of financial
          Perusahaan mengevaluasi apakah terdapat                               position, the Company assesses whether
          bukti obyektif bahwa piutang murabahah telah                          there is objective evidence that murabahah
          mengalami       penurunan    nilai.  Piutang                          receivables are impaired. Murabahah
          murabahah mengalami penurunan nilai jika                              receivables are impaired when objective
          bukti obyektif menunjukkan bahwa peristiwa                            evidence demonstrates that loss event has
          yang merugikan telah terjadi setelah                                  occurred after the initial recognition and the
          pengakuan awal dan peristiwa tersebut                                 loss event has an impact on the future cash
          berdampak pada arus kas masa datang yang                              flows that can be estimated reliably.
          dapat diestimasi secara handal.

          Perusahaan mengevaluasi penurunan nilai                               The Company assessed the impairment of
          piutang murabahah secara kolektif. Cadangan                           murabahah receivables on collective basis.
          kerugian penurunan nilai atas piutang                                 Calculation of allowance for impairment
          murabahah yang dinilai secara kolektif dihitung                       losses of murabahah receivables are
          berdasarkan pengalaman kerugian historis.                             collectively evaluated on the basis of
          Pengalaman kerugian historis disesuaikan                              historical loss experience. Historical loss
          menggunakan dasar data yang dapat                                     experience is adjusted on the basis of current
          diobservasi untuk mencerminkan efek dari                              observable data to reflect the effects of
          kondisi saat ini terhadap Perusahaan. Piutang                         current conditions affecting the Company.
          murabahah         dikelompokkan     berdasarkan                       Murabahah receivables are grouped on the
          karakteristik risiko kredit yang sama antara lain                     basis of similar credit risk characteristics by
          dengan       mempertimbangkan         tunggakan                       considering, among others, past due status
          debitur. Perhitungan penurunan nilai ini                              of the debtors. The calculation of impairment
          membutuhkan estimasi Probability of Default,                          losses requires estimation of Probability of
          Loss Given Default, dan Exposure At Default.                          Default, Loss Given Default, and Exposure At
                                                                                Default.




                                                              28
Page 318
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                            unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     d.   Penurunan nilai aset keuangan (lanjutan)                      d.    Impairment of financial assets (continued)

          Nilai tercatat aset tersebut diturunkan melalui                     The carrying amount of the asset is reduced
          akun cadangan dan jumlah kerugian yang                              through the use of an allowance account and
          terjadi diakui pada laba rugi. Pendapatan                           the amount of the loss is recognized in the
          bunga terus diakui atas nilai tercatat yang                         profit or loss. Interest income continues to be
          menurun tersebut berdasarkan suku bunga                             accrued on the reduced carrying amount
          efektif awal dari aset. Jika pada periode                           based on the original effective interest rate of
          berikutnya,     jumlah    estimasi     kerugian                     the asset. If in a subsequent period, the
          penurunan nilai meningkat atau menurun                              amount of the estimated impairment loss
          karena peristiwa yang terjadi setelah                               increases or decreases because of an event
          pengakuan kerugian penurunan nilai, maka                            occurring after the impairment was
          kerugian penurunan nilai yang sudah diakui                          recognized, the previously recognized
          sebelumnya dinaikkan atau diturunkan dengan                         impairment loss is increased or reduced by
          menyesuaikan akun cadangan.                                         adjusting the allowance account.

          Jika penghapusan di masa datang kemudian                            If a future write off is recovered, the recovery
          diperoleh kembali, pemulihan tersebut diakui                        is recognized as others income in the
          sebagai pendapatan lain-lain pada laporan                           statement of profit or loss and other
          laba rugi dan penghasilan komprehensif lain.                        comprehensive income.

     e.   Pengukuran nilai wajar                                        e.    Fair value measurement

          Nilai wajar adalah harga yang akan diterima                         Fair value is the price that would be received
          untuk menjual suatu aset atau harga yang                            to sell an asset or paid to transfer a liability in
          akan dibayar untuk mengalihkan suatu liabilitas                     orderly     transaction     between       market
          dalam transaksi teratur antara pelaku pasar                         participants at the measurement date under
          pada tanggal pengukuran dengan kondisi                              current market conditions.
          pasar saat ini.
          Perusahaan menggunakan teknik penilaian                             The Company uses valuation techniques
          yang sesuai dengan keadaan dan dimana data                          appropriate in the circumstances and for
          yang memadai tersedia untuk mengukur nilai                          which sufficient data are available to
          wajar, memaksimalkan penggunaan input yang                          measure fair value, maximizing the use of
          dapat    diobservasi  yang   relevan   dan                          relevant observable inputs and minimizing
          meminimalkan penggunaan input yang tidak                            the use of unobservable inputs.
          dapat diobservasi.
          Perusahaan menggunakan hirarki berikut                              The Company adopts the following hierarchy
          untuk menentukan dan mengungkapkan nilai                            for determining and disclosing the fair value
          wajar dari instrumen keuangan:                                      of financial instruments by valuation
                                                                              technique:
          1. Tingkat 1: dikutip (tidak dapat disesuaikan)                     1. Level 1: quoted (unadjusted) prices in
             dari harga pasar aktif untuk aset dan                               active markets for identical assets or
             liabilitas keuangan yang identik;                                   liabilities;

          2. Tingkat 2: teknik lain dimana semua input                        2. Level 2: other techniques for which all
             yang memiliki efek signifikan dalam                                 inputs which have a significant effect on
             pencatatan nilai wajar, dapat diobservasi                           the recorded fair value are observable,
             baik secara langsung maupun tidak                                   either directly or indirectly; and
             langsung; dan

          3. Tingkat 3: teknik lain dimana menggunakan                        3. Level 3: other techniques which use inputs
             input, yang memiliki efek signifikan dalam                          which have significant effect on the
             pencatatan nilai wajar, tidak berdasarkan                           recorded fair value that are not based on
             pada data yang diobservasi di pasar.                                observable market data.




                                                            29
Page 319
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                        As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                 and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                           unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     f.   Kas dan setara kas                                           f.    Cash and cash equivalents

          Kas dan setara kas terdiri dari kas, bank dan                      Cash and cash equivalents consist of cash
          deposito berjangka dengan jangka waktu 3                           on hand, cash in banks and unrestricted time
          (tiga) bulan atau kurang sejak tanggal                             deposits with maturity periods of 3 (three)
          penempatan yang tidak digunakan sebagai                            months or less at the time of placement and
          jaminan atas utang serta tidak dibatasi                            which are not used as collateral for loans nor
          penggunaannya.                                                     restricted.

          Pada setiap tanggal pelaporan, Perusahaan                          At each reporting date, the Company
          mengukur     penyisihan  kerugian    kredit                        measures allowance for expected credit
          ekspektasian    menggunakan     metodologi                         losses using impairment methodology as
          penurunan nilai sebagaimana diungkapkan                            disclosed in Note 2d.
          dalam Catatan 2d.

     g.   Piutang pembiayaan konsumen, piutang                         g.    Consumer        financing    receivables,
          pembiayaan murabahah dan cadangan                                  murabahah financing receivables and
          kerugian penurunan nilai                                           allowance for impairment losses

          Piutang pembiayaan konsumen merupakan                              Consumer       financing    receivables      are
          total piutang setelah dikurangi dengan bagian                      presenting net of amounts financed by banks
          yang dibiayai bank-bank sehubungan dengan                          relating to the transactions in the form of joint
          transaksi pembiayaan bersama, pendapatan                           financing, unearned consumer financing
          pembiayaan konsumen yang belum diakui dan                          income and allowance for impairment losses.
          cadangan kerugian penurunan nilai.

          Berdasarkan perjanjian pembiayaan bersama                          Based on the consumer joint financing
          konsumen tanpa jaminan (without recourse),                         agreements (without recourse), the Company
          Perusahaan hanya menyajikan porsi total                            only presents the portion of the total
          angsuran piutang yang dibiayai Perusahaan                          installments receivable financing by the
          (pendekatan neto). Pendapatan pembiayaan                           Company (net approach). The consumer
          konsumen disajikan setelah dikurangi dengan                        financing income is presented net of amounts
          bagian yang merupakan hak bank-bank dalam                          of the banks’ rights on such income relating
          rangka transaksi tersebut. Untuk piutang                           to the transactions. For consumer financing
          pembiayaan konsumen merupakan seluruh                              receivables    represent    all     consumers’
          total angsuran dari pelanggan, dan kredit yang                     installments, and the total facilities financed
          disalurkan oleh penyedia dana dicatat sebagai                      by creditors are recorded as liability (gross
          liabilitas (pendekatan bruto).                                     approach).

          Dalam      pembiayaan    bersama      antara                       In joint financing arrangements between the
          Perusahaan dan penyedia fasilitas pembiayaan                       Company and the joint financing facility
          bersama, Perusahaan berhak menentukan                              provider, the Company has the right to set
          tingkat suku bunga yang lebih tinggi kepada                        higher interest rates to the consumers than
          konsumen dibandingkan tingkat suku bunga                           the interest rates stated in the joint financing
          yang ditetapkan dalam perjanjian pembiayaan                        agreement with the joint financing facility
          bersama      dengan    penyedia      fasilitas                     provider.
          pembiayaan bersama.




                                                           30
Page 320
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                            unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     g.   Piutang pembiayaan konsumen, piutang                          g.    Consumer      financing    receivables,
          pembiayaan murabahah dan cadangan                                   murabahah financing receivables and
          kerugian penurunan nilai (lanjutan)                                 allowance   for    impairment    losses
                                                                              (continued)

          Bunga yang dikenakan kepada pelanggan dan                           Total interest earned from customers and
          bunga yang dikenakan penyedia dana dicatat                          interest charged by the creditors is recorded
          sebagai bagian dari pendapatan pembiayaan                           recorded as a part of consumer financing
          konsumen - neto,                                                    income – net.

          Termasuk     dalam     piutang     pembiayaan                       Included in consumer financing receivables
          konsumen     adalah    piutang     pembiayaan                       are murabahah financing receivables.
          murabahah. Murabahah adalah akad jual beli                          Murabahah is goods sell-buy contract with a
          barang dengan harga jual sebesar biaya                              selling price amounting to the acquisition cost
          perolehan    ditambah      keuntungan    yang                       plus agreed margin and the Company must
          disepakati     dan      Perusahaan      harus                       disclose the acquisition cost to the consumer.
          mengungkapkan biaya perolehan barang                                When the murabahah contract is signed,
          tersebut kepada konsumen. Pada saat akad                            murabahah financing receivables are re
          murabahah, piutang pembiayaan murabahah                             cognized as at acquisition cost plus agreed
          diakui sebesar biaya perolehan ditambah                             margin. Murabahah margin is recognized
          keuntungan (margin). Keuntungan murabahah                           over the period of the contract based on
          diakui selama periode akad berdasarkan                              agreed margin of the murabahah financing
          margin yang disetujui dari piutang pembiayaan                       receivables.
          murabahah.

          Akad murabahah secara substansi merupakan                           Substantially, murabahah contract is a
          suatu pembiayaan, sehingga pengakuan                                financing, so that margin recognition is based
          margin dilakukan berdasarkan standar yang                           on standards which regulate financing, as
          mengatur     pembiayaan,     seperti  yang                          mentioned in consumer financing policy.
          disebutkan    di   kebijakan    pembiayaan
          konsumen.

          Pengakuan atas pendapatan pembiayaan                                Unearned income on consumer financing is
          konsumen yang belum diakui adalah sesuai                            recognized as income over the term of the
          dengan jangka waktu kontrak pembiayaan                              respective agreement based on the effective
          konsumen berdasarkan tingkat suku bunga                             interest rate.
          efektif.

          Selisih neto antara pendapatan administrasi                         The      net    difference   between     the
          yang diperoleh dari konsumen pada saat                              administration income earned from the
          pertama kali perjanjian pembiayaan konsumen                         consumer at the first time the financing
          ditandatangani dan biaya-biaya yang timbul                          agreement is signed and initial direct costs
          pertama kali yang terkait langsung dengan                           related to consumer financing facility is
          kredit pembiayaan konsumen ditangguhkan                             deferred and presented as part of “Consumer
          dan disajikan sebagai bagian dari “Piutang                          Financing Receivables” in the statement of
          Pembiayaan Konsumen” pada laporan posisi                            financial position and recognized as an
          keuangan dan diakui sebagai penyesuaian                             adjustment to the yield received throughout
          atas imbal hasil selama periode pembiayaan                          the consumer financing period using effective
          konsumen berdasarkan tingkat suku bunga                             interest rate method and presented as a part
          efektif dan disajikan sebagai bagian dari                           of “Consumer Financing Income” in the
          “Pendapatan Pembiayaan Konsumen” pada                               statement of profit or loss and other
          laporan    laba    rugi    dan      penghasilan                     comprehensive income for the current period.
          komprehensif lain periode berjalan.




                                                            31
Page 321
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                            unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     g.   Piutang pembiayaan konsumen, piutang                          g.    Consumer      financing    receivables,
          pembiayaan murabahah dan cadangan                                   murabahah financing receivables and
          kerugian penurunan nilai (lanjutan)                                 allowance   for    impairment    losses
                                                                              (continued)

          Pada setiap tanggal pelaporan, Perusahaan                           At each reporting date, the Company
          mengukur     penyisihan  kerugian    kredit                         measures allowance for expected credit
          ekspektasian    menggunakan     metodologi                          losses using impairment methodology as
          penurunan nilai sebagaimana diungkapkan                             disclosed in Note 2d.
          dalam Catatan 2d.

          Piutang yang tak tertagih dihapuskan                                Receivables are written off when they are
          berdasarkan evaluasi manajemen Perusahaan                           deemed to be uncollectible based on
          dan setelah menunggak lebih dari 180 hari.                          Company’s management evaluation and
          Penerimaan    dari   piutang  yang   telah                          when they are overdue for more than 180
          dihapusbukukan diakui sebagai pendapatan                            days. Recoveries of receivables previously
          lain-lain.                                                          written off are recognized as other income.

     h.   Piutang sewa pembiayaan                                       h.    Finance lease receivables
          Suatu sewa diklasifikasikan sebagai sewa                            Leases are classified as finance leases if the
          pembiayaan jika sewa tersebut mengalihkan                           leases transfer substantially all the risks and
          secara substansial seluruh risiko dan manfaat                       rewards incidental to ownership of the leased
          yang terkait dengan kepemilikan aset. Suatu                         assets. Leases are classified as operating
          sewa diklasifikasikan sebagai sewa operasi jika                     leases if the leases do not transfer
          sewa tidak mengalihkan secara substansial                           substantially all the risks and rewards
          seluruh risiko dan manfaat yang terkait dengan                      incidental to ownership of the leased assets.
          kepemilikan aset.

          Perusahaan mengakui aset berupa piutang                             The Company recognized assets held under
          sewa pembiayaan di laporan posisi keuangan                          finance leases in its statement of financial
          sebesar jumlah yang sama dengan investasi                           position and present them as a receivable at
          sewa neto. Penerimaan piutang sewa                                  an amount equal to the net investment in the
          diperlakukan sebagai pembayaran pokok dan                           lease. Lease payment receivable is treated
          penghasilan sewa pembiayaan. Pengakuan                              as repayment of principal and financing lease
          penghasilan sewa pembiayaan didasarkan                              income. The recognition of financing lease
          pada suatu pola yang mencerminkan suatu                             income is based on a pattern reflecting a
          tingkat pengembalian periodik yang konstan                          constant periodic rate of return on the
          atas investasi neto Perusahaan sebagai lessor                       Company’s net financial lease financing.
          dalam sewa pembiayaan.

          Pada setiap tanggal pelaporan, Perusahaan                           At each reporting date, the Company
          mengukur     penyisihan  kerugian    kredit                         measures allowance for expected credit
          ekspektasian    menggunakan     metodologi                          losses using impairment methodology as
          penurunan nilai sebagaimana diungkapkan                             disclosed in Note 2d.
          dalam Catatan 2d.

          Piutang yang tak tertagih dihapuskan                                Receivables are written off when they are
          berdasarkan evaluasi manajemen Perusahaan                           deemed to be uncollectible based on
          dan setelah menunggak lebih dari 180 hari.                          Company’s management evaluation and
          Penerimaan    dari   piutang  yang   telah                          when they are overdue for more than 180
          dihapusbukukan diakui sebagai pendapatan                            days. Recoveries of receivables previously
          lain-lain.                                                          written off are recognized as other income.




                                                            32
Page 322
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

         PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan Untuk                                      As of December 31, 2023
      Tahun yang Berakhir pada Tanggal tersebut                               and for the Year Then Ended
           (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
               kecuali dinyatakan lain)                                         unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                    2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)
     i.   Piutang ijarah dan aset diperoleh untuk                     i.    Ijarah receivables and assets acquired for
          ijarah                                                            ijarah
          Piutang ijarah merupakan tagihan yang timbul                      Ijarah receivables represent claims arising
          atas transaksi perjanjian murabahah ijarah                        based on murabahah ijarah munthahiyah
          munthahiyah bittamlik (IMBT). IMBT adalah                         bittamlik agreement (IMBT). IMBT is an
          perjanjian atas ketersediaan dana terkait                         agreement on the availability of fund in
          dengan pengalihan hak guna dan manfaat atas                       relation to transferring the use right and
          barang atau jasa berdasarkan transaksi sewa                       benefit of a good or service based on rental
          dengan opsi pengalihan kepemilikan atas                           transactions with an option to transfer the
          barang kepada lessee.                                             ownership title of goods to the lessee.

          Kepemilikan atas objek sewa dalam ijarah                          The title of the lease object in ijarah
          munthahiyah bittamlik dapat dialihkan kepada                      munthahiyah bittamlik can be transferred to
          lessee melalui:                                                   the lessee through:

          i. Hibah;                                                         i. A grant;
          ii. Penjualan sebelum akhir masa kontrak                          ii. Sale prior to the end of the contract for an
               dengan nilai setara dengan sisa cicilan                           amount equivalent to the remaining lease
               sewa;                                                             installments;
          iii. Penjualan sebelum akhir masa kontrak                         iii. Sale prior to the end of the contract at a
               dengan jumlah tertentu yang telah                                 specified amount as agreed at the
               disepakati pada awal kontrak; dan                                 inception of the contract; and
          iv. Penjualan angsuran dengan harga tertentu                      iv. Installment sales at a specific price as
               yang telah disetujui dalam kontrak.                               agreed in the contract.

          Piutang ijarah diakui pada saat jatuh tempo                       Ijarah receivables is recognized at due date
          sebesar pendapatan sewa yang belum diterima                       at the amount of lease income not yet
          dan disajikan sebesar nilai bersih yang dapat                     received and presented at its net realizable
          direalisasikan, yang merupakan saldo piutang.                     value, which is the outstanding balance of
                                                                            the receivables.

          Aset diperoleh untuk ijarah merupakan aset                        Assets acquired for ijarah represents assets
          yang merupakan objek transaksi sewa (ijarah)                      that are object of lease transactions (ijarah)
          dan yang dinyatakan sebesar harga perolehan.                      and are recognized at the acquisition cost.
          Aset diperoleh untuk ijarah didepresiasikan                       The assets in an ijarah transaction are
          berdasarkan kebijakan depresiasi atas aset                        depreciated based on the depreciation policy
          yang sejenis dan didepresiasikan selama masa                      for similar assets and depreciated over the
          sewa dengan estimasi masa manfaat antara 2                        lease period with estimated useful lives
          (dua) sampai dengan 5 (lima) tahun.                               ranging from 2 (two) to 5 (five) years.

          Aset diperoleh untuk ijarah dicatat sebesar                       Assets acquired for ijarah are presented at
          harga    perolehan   dikurangi    akumulasi                       the acquisition cost less accumulated
          penyusutan.                                                       depreciation.

     j.   Investasi dalam saham                                       j.    Investment in shares

          Pernyataan dalam saham terdiri dari investasi                     Investment in shares consist of related
          saham     pada   pihak  berelasi      dengan                      party’s share investment with ownership less
          kepemilikan kurang dari 20% (dua puluh                            than 20% (twenty percent).
          persen).

     k.   Beban dibayar dimuka                                        k.    Prepaid expenses

          Beban dibayar dimuka diamortisasi selama                          Prepaid expenses are amortized over the
          masa manfaat masing-masing beban dengan                           periods of each expense benefit using the
          metode garis lurus.                                               straight-line method.


                                                          33
Page 323
                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.

         PT MAYBANK INDONESIA FINANCE                                            PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan Untuk                                            As of December 31, 2023
      Tahun yang Berakhir pada Tanggal tersebut                                     and for the Year Then Ended
           (Disajikan dalam jutaan Rupiah,                                        (Expressed in millions of Rupiah,
               kecuali dinyatakan lain)                                               unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                    POLICIES INFORMATION (continued)

     l.   Aset tetap dan Aset hak-guna                                      l.    Fixed assets and Right-of-use assets

          Aset tetap                                                              Fixed assets

          Aset tetap pada awalnya dinyatakan sebesar                              Fixed assets are initially stated at acquisition
          harga perolehan. Setelah pengukuran awal,                               cost. After initial measurement, fixed assets
          aset tetap diukur dengan model biaya. Aset                              are measured using the cost model. Fixed
          tetap dicatat pada harga perolehan dikurangi                            assets are carried at its cost less
          akumulasi penyusutan dan rugi penurunan                                 accumulated depreciation and impairment
          nilai. Biaya perolehan termasuk biaya                                   losses. Such acquisition cost includes the
          penggantian bagian aset tetap saat biaya                                cost of replacing part of the fixed assets
          tersebut terjadi, jika memenuhi kriteria                                when that cost is incurred, if the recognition
          pengakuan. Selanjutnya, pada saat inspeksi                              criteria are met. Likewise, when a major
          yang signifikan dilakukan, biaya inspeksi itu                           inspection is performed, its cost is
          diakui ke dalam jumlah tercatat (carrying                               recognized in the carrying amount of the
          amount) aset tetap sebagai suatu penggantian                            fixed assets as a replacement if the
          jika memenuhi kriteria pengakuan. Semua                                 recognition criteria are satisfied. All other
          biaya perbaikan dan pemeliharaan yang tidak                             repairs and maintenance costs that do not
          memenuhi kriteria pengakuan diakui sebagai                              meet the recognition criteria are recognized
          laba rugi pada saat terjadinya.                                         in the profit or loss as incurred.

          Penyusutan aset tetap dimulai pada saat aset                            Depreciation of fixed asset starts when it is
          tetap tersebut siap untuk digunakan sesuai                              available for use and is computed using the
          maksud penggunaannya dan dihitung dengan                                double declining balance method except for
          menggunakan metode saldo menurun kecuali                                building using the straight-line method based
          untuk bangunan menggunakan metode garis                                 on the estimated useful lives of the assets as
          lurus berdasarkan estimasi masa manfaat                                 follows:
          sebagai berikut:

                                                       Tahun/Years
          Bangunan                                              20                                                          Buildings

          Prasarana bangunan                                    8                                           Building improvement
          Peralatan kantor                                      4                                                Office equipment
          Komputer dan elektronik                               8                                         Computer and electronic
          Inventaris kantor                                     8                                            Furniture and fixture
          Kendaraan bermotor                                    8                                                         Vehicles

          Apabila aset tetap dihentikan pengakuannya                              When assets are derecognized (retired or
          (tidak dipergunakan lagi atau dijual), biaya                            otherwise disposed of), their costs and the
          perolehan beserta akumulasi penyusutan yang                             related accumulated depreciation are
          terkait dikeluarkan dari kelompok aset tetap                            removed from the accounts and any resulting
          yang bersangkutan dan keuntungan atau                                   gains or losses are recognized as profit or
          kerugian yang timbul diakui sebagai laba atau                           loss for the period.
          rugi periode berjalan.

          Pada setiap akhir periode pelaporan, nilai                              At the reporting date, the assets residual
          residu, umur manfaat, dan metode penyusutan                             values, useful lives, and methods of
          dikaji ulang dan disesuaikan secara prospektif                          depreciation are reviewed and adjusted
          jika diperlukan.                                                        prospectively if appropriate.




                                                           34
Page 324
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

         PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan Untuk                                        As of December 31, 2023
      Tahun yang Berakhir pada Tanggal tersebut                                 and for the Year Then Ended
           (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
               kecuali dinyatakan lain)                                           unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     l.   Aset tetap dan Aset hak-guna (lanjutan)                       l.    Fixed assets and Right-of-use assets
                                                                              (continued)

          Aset hak-guna                                                       Right-of-use assets

          PSAK No. 73 memperkenalkan model                                    SFAS No. 73 introduces a single lessee
          akuntansi penyewa tunggal dan mensyaratkan                          accounting model and requires a lessee to
          penyewa untuk mengakui aset dan liabilitas                          recognize assets and liabilities for all leases
          untuk semua sewa dengan pengecualian sewa                           with the exemptions of short-term leases and
          jangka pendek dan aset dengan nilai rendah.                         the underlying asset is of low value. A lessee
          Penyewa diharuskan untuk mengakui aset                              is required to recognize a right-of-use asset
          hak-guna yang mewakili haknya untuk                                 representing its right to use the underlying
          menggunakan aset sewaan dan liabilitas sewa                         leased asset and a lease liability
          yang mewakili kewajibannya untuk melakukan                          representing its obligation to make lease
          pembayaran sewa. PSAK No. 73 secara                                 payments. SFAS No. 73 substantially carries
          substansial masih menggunakan persyaratan                           forward the lessor accounting requirements
          akuntansi atas pesewa (lessor) sesuai PSAK                          in SFAS No. 30, “Leases”. Accordingly, a
          No. 30, “Sewa”. Oleh karena itu, pesewa masih                       lessor continues to classify its leases as
          akan menggunakan klasifikasi sewa dalam                             operating leases or finance leases, and to
          sewa operasi atau pembiayaan, dan perlakuan                         account for those two types of leases
          atas kedua tipe sewa tersebut.                                      differently.

          Dampak penerapan PSAK No. 73 adalah                                 The impact of SFAS No. 73 at the Company
          Perusahaan sebagai penyewa atas kontrak                             is where the Company is a lessee in property
          sewa properti.                                                      lease contracts.

          Beban keuangan dicatat dalam laporan laba                           Finance expense is recorded in the
          rugi. Aset sewa disusutkan selama jangka                            statement of profit or loss. Leased assets are
          waktu yang lebih pendek antara umur manfaat                         depreciated over the shorter of the estimated
          aset sewa dan periode masa sewa, jika tidak                         useful life of the assets and the lease term, if
          ada kepastian yang memadai bahwa                                    there is no reasonable certainty that the
          Perusahaan      akan    mendapatkan     hak                         Company will obtain ownership by the end of
          kepemilikan pada akhir masa sewa.                                   the lease term.

     m. Penurunan nilai aset non-keuangan                               m. Impairment of non-financial assets

          Suatu aset mengalami penurunan nilai jika nilai                     Assets are considered impaired when the
          tercatat aset lebih besar daripada nilai yang                       carrying value of assets exceeded the
          dapat dipulihkan. Nilai tercatat dari aset non-                     recoverable amount. The carrying amount of
          keuangan, kecuali aset pajak tangguhan dan                          non-financial assets, except for deferred tax
          beban dibayar dimuka dan uang muka,                                 assets and prepaid expenses and advance
          ditelaah setiap periode, untuk menentukan                           payment are reviewed each period to
          apakah terdapat indikasi penurunan nilai. Jika                      determine whether there is any indication of
          terdapat indikasi penurunan nilai, maka                             impairment. If such indication exists the
          Perusahaan akan melakukan estimasi jumlah                           assets’ recoverable amount is estimated.
          nilai yang dapat dipulihkan.

     n.   Biaya penerbitan emisi obligasi                               n.    Bonds issuance costs

          Biaya-biaya yang terjadi sehubungan dengan                          Costs incurred relating to the bonds issuance
          penerbitan obligasi dicatat sebagai pengurang                       are presented as deduction from the
          terhadap hasil penerbitan dan diamortisasi                          issuance proceeds and amortized using the
          dengan menggunakan suku bunga efektif                               effective interest rate over the term of the
          selama jangka waktu obligasi (Catatan 2c).                          bonds (Note 2c).




                                                            35
Page 325
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                        As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                 and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                           unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     o.   Provisi                                                      o.    Provisions

          Provisi diakui jika Perusahaan memiliki                            Provisions are recognized when the
          kewajiban kini (baik bersifat hukum maupun                         Company has a present obligation (legal or
          bersifat konstruktif) sebagai akibat peristiwa                     constructive) as a result of a past event, it is
          masa lalu yang besar kemungkinannya                                probable that an outflow of resources
          penyelesaian          kewajiban       tersebut                     embodying economic benefits will be
          mengakibatkan arus keluar sumber daya yang                         required to settle the obligation and a reliable
          mengandung manfaat ekonomi dan estimasi                            estimate can be made of the amount of the
          yang andal mengenai jumlah kewajiban                               obligation.
          tersebut dapat dibuat.

          Provisi ditelaah pada setiap akhir periode                         Provisions are reviewed at each reporting
          pelaporan       dan   disesuaikan       untuk                      date and adjusted to reflect the current best
          mencerminkan estimasi kini terbaik. Jika tidak                     estimate. If it is no longer probable that an
          terdapat kemungkinan arus keluar sumber                            outflow of resources embodying economic
          daya yang mengandung manfaat ekonomi                               benefits will be required to settle the
          untuk menyelesaikan kewajiban tersebut,                            obligation, the provision is reversed.
          provisi dipulihkan.

     p.   Pengakuan pendapatan dan beban                               p.    Revenue and expense recognition

          Pendapatan        pembiayaan   konsumen,                           Consumer financing income, finance leases
          pendapatan sewa pembiayaan, pendapatan                             income, income from rent - ijarah, interest
          sewa ijarah, pendapatan bunga, dan beban                           income, and interest expenses are
          bunga diakui dengan menggunakan metode                             recognized using the effective interest
          suku bunga efektif.                                                method.

          Biaya emisi pinjaman dan efek utang yang                           Issuance cost of borrowings and debt
          diterbitkan ditangguhkan dan diamortisasi                          securities issued are deferred and amortized
          selama jangka waktu pinjaman dan efek utang                        over the terms of the related borrowings and
          tersebut dengan menggunakan metode suku                            debt securities using the effective interest
          bunga efektif dan dicatat sebagai bagian dari                      method and are recorded as part of financing
          beban pendanaan.                                                   expense.

          Perhitungan suku bunga efektif mencakup                            The calculation of the effective interest rate
          seluruh fees dan bentuk lain yang dibayarkan                       includes all fees and points paid or received
          atau diterima yang merupakan bagian tak                            that are an integral part of the effective
          terpisahkan dari suku bunga efektif, termasuk                      interest rate, including transaction costs.
          biaya transaksi.

          Pendapatan dan beban yang timbul untuk                             Revenue and expense associated with
          piutang pembiayaan konsumen dan sewa                               consumer financing and finance lease
          pembiayaan diamortisasi dengan suku bunga                          receivable are amortized using the effective
          efektif dan dibukukan sebagai pendapatan                           interest rate and recorded as part of
          pembiayaan konsumen dan sewa pembiayaan                            consumer financing and finance lease
          pada laporan laba rugi dan penghasilan                             income in the current period statement of
          komprehensif lain periode berjalan.                                profit or loss and other comprehensive
                                                                             income.

          Pendapatan     denda  keterlambatan    dan                         Late charges and penalty income and gain
          keuntungan penghentian kontrak diakui pada                         from contract termination are recognized
          saat diterima.                                                     when received.




                                                           36
Page 326
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                            PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                            As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                     and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                        (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                               unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                   POLICIES INFORMATION (continued)

     p.   Pengakuan       pendapatan       dan     beban                   p.    Revenue     and        expense       recognition
          (lanjutan)                                                             (continued)

          Pendapatan bunga dari bank merupakan                                   Interest income from banks represents
          pendapatan yang diperoleh Perusahaan atas                              income obtained by the Company from its
          penempatan giro dan deposito di bank yang                              placement of current account and time
          diakui pada saat diperoleh atau saat terjadinya.                       deposits in banks which is recognized when
                                                                                 earned or incurred.

          Beban lainnya diakui pada saat terjadinya.                             Other expenses         are    recognized     when
                                                                                 incurred.

     q.   Transaksi dan saldo dalam mata uang asing                        q.    Foreign currency             transactions      and
                                                                                 balances
          Transaksi dalam mata uang asing dicatat                                Transactions involving foreign currencies are
          dalam Rupiah berdasarkan kurs yang berlaku                             recorded in Indonesian Rupiah at the rates of
          pada saat transaksi dilakukan. Pada tanggal                            exchange prevailing at the time the
          pelaporan, aset dan liabilitas moneter dalam                           transactions are made. At the reporting date,
          mata uang asing dijabarkan sesuai dengan                               monetary assets and liabilities denominated
          rata-rata kurs jual dan beli yang diterbitkan                          in foreign currencies are adjusted to reflect
          oleh Bank Indonesia pada tanggal transaksi                             the average of the selling and buying rates of
          perbankan terakhir untuk tahun yang                                    exchange prevailing at the last banking
          bersangkutan dan laba atau rugi kurs yang                              transaction date of the year, as published by
          timbul, dikreditkan atau dibebankan pada                               Bank Indonesia and any resulting gains or
          operasi periode kini.                                                  losses are credited or charged to operations
                                                                                 of the current period.

                                              31 Desember/          31 Desember/
                                            December 31, 2023     December 31, 2022

          1 Dolar Amerika Serikat (USD)                                                                1 United States Dollar (USD)
               (nilai penuh)                            15.416                    15.731                             (full amount)

     r.   Pajak penghasilan                                                r.    Income tax

          Pajak Final                                                            Final Tax

          Peraturan perpajakan di Indonesia mengatur                             Tax regulation in Indonesia determined that
          beberapa jenis penghasilan dikenakan pajak                             certain taxable income is subject to final tax.
          yang bersifat final. Pajak final yang dikenakan                        Final tax applied to the gross value of
          atas nilai bruto transaksi tetap dikenakan                             transactions is applied even when the parties
          walaupun atas transaksi tersebut pelaku                                carrying the transaction recognizing losses.
          transaksi mengalami kerugian.

          Perusahaan menyajikan beban pajak final                                The Company present all of the final tax
          sehubungan dengan pendapatan bunga dari                                arising from interest income from cash in
          kas di bank dan deposito berjangka sebagai                             banks and time deposits as separate line
          pos tersendiri.                                                        item.

          Pajak Kini                                                             Current Tax
          Aset dan liabilitas pajak kini untuk tahun                             Current income tax assets and liabilities for
          berjalan diukur sebesar jumlah yang                                    the current period are measured at the
          diharapkan dapat direstitusi dari atau                                 amount expected to be recovered from or
          dibayarkan kepada otoritas perpajakan.                                 paid to the taxation authority.




                                                             37
Page 327
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                        As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                 and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                           unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     r.   Pajak Penghasilan (lanjutan)                                 r.    Income Tax (continued)

          Pajak Kini (lanjutan)                                              Current Tax (continued)

          Beban pajak kini ditentukan berdasarkan laba                       Current tax expense is determined based on
          kena pajak tahun berjalan yang dihitung                            the taxable profit for the year computed using
          berdasarkan tarif pajak yang berlaku.                              the prevailing tax rates.

          Kekurangan/kelebihan pembayaran          pajak                     Underpayment/overpayment of income tax
          penghasilan dicatat sebagai bagian dari                            are presented as part of “Tax Expense -
          “Beban Pajak Kini” dalam laporan laba rugi dan                     Current” in the statements of profit or loss
          penghasilan komprehensif lain. Perusahaan                          and other comprehensive income. The
          juga menyajikan bunga/denda, jika ada,                             Company also presented interest/penalty, if
          sebagai bagian dari “Beban Pajak Kini”.                            any, as part of “Tax Expense - Current”
                                                                             prevailing tax rates.

          Koreksi terhadap liabilitas perpajakan diakui                      Amendments to tax obligations are recorded
          pada saat surat ketetapan pajak diterima atau,                     when a tax assessment letter is received or,
          jika diajukan keberatan, pada saat keputusan                       if appealed against, when the result of the
          atas keberatan ditetapkan.                                         appeal is determined.

          Pajak Tangguhan                                                    Deferred tax

          Aset dan liabilitas pajak tangguhan diakui                         Deferred tax assets and liabilities are
          menggunakan         metode    liabilitas  atas                     recognized using the liability method for the
          konsekuensi pajak pada masa mendatang                              future tax consequences attributable to
          yang timbul dari perbedaan jumlah tercatat                         differences between the carrying amounts of
          aset dan liabilitas menurut laporan keuangan                       existing assets and liabilities in the financial
          dengan dasar pengenaan pajak aset dan                              statements and their respective tax bases at
          liabilitas pada setiap tanggal pelaporan.                          each reporting date. Deferred tax liabilities
          Liabilitas pajak tangguhan diakui untuk semua                      are recognized for all taxable temporary
          perbedaan temporer kena pajak dan aset pajak                       differences and deferred tax assets are
          tangguhan diakui untuk perbedaan temporer                          recognized      for    deductible     temporary
          yang boleh dikurangkan dan akumulasi rugi                          differences and accumulated fiscal losses to
          fiskal,    sepanjang    besar     kemungkinan                      the extent that it is probable that taxable
          perbedaan temporer yang boleh dikurangkan                          profit will be available in future years against
          dan akumulasi rugi fiskal tersebut dapat                           which the deductible temporary differences
          dimanfaatkan untuk mengurangi laba kena                            and accumulated fiscal losses can be
          pajak pada masa depan.                                             utilized.

          Jumlah tercatat aset pajak tangguhan ditelaah                      The carrying amount of a deferred tax asset
          ulang pada akhir setiap periode pelaporan dan                      is reviewed at the end of each reporting
          diturunkan apabila laba fiskal mungkin tidak                       period and reduced to the extent that it is no
          memadai untuk mengkompensasi sebagian                              longer probable that sufficient taxable profit
          atau semua manfaat aset pajak tangguhan                            will be available to allow the benefit of part or
          tersebut. Pada akhir setiap periode pelaporan,                     all of that deferred tax asset to be utilized. At
          Perusahaan menilai kembali aset pajak                              the end of each reporting period, the
          tangguhan yang tidak diakui. Perusahaan                            Company reassesses unrecognized deferred
          mengakui aset pajak tangguhan yang                                 tax assets. The Company recognizes a
          sebelumnya tidak diakui apabila besar                              previously unrecognized deferred tax assets
          kemungkinan bahwa laba fiskal pada masa                            to the extent that it has become probable that
          depan akan tersedia untuk pemulihannya.                            future taxable profit will allow the deferred tax
                                                                             assets to be recovered.




                                                           38
Page 328
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                          As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                   and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                             unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)
     r.   Pajak penghasilan (lanjutan)                                   r.    Income tax (continued)

          Pajak Tangguhan (lanjutan)                                           Deferred tax (continued)

          Pajak       tangguhan     dihitung    dengan                         Deferred tax is calculated at the tax rates that
          menggunakan tarif pajak yang berlaku atau                            have been enacted or substantively enacted
          secara substansial telah berlaku pada tanggal                        at the reporting date. Changes in the carrying
          pelaporan. Perubahan nilai tercatat aset dan                         amount of deferred tax assets and liabilities
          liabilitas pajak tangguhan yang disebabkan                           due to a change in tax rates are charged to
          oleh perubahan tarif pajak dibebankan pada                           current period operations, except to the
          usaha periode berjalan, kecuali untuk                                extent that they relate to items previously
          transaksi-transaksi yang sebelumnya telah                            charged or credited to equity.
          langsung dibebankan atau dikreditkan ke
          ekuitas.

          Aset dan liabilitas pajak tangguhan disajikan                        Deferred tax assets and liabilities are offset
          secara saling hapus dalam laporan posisi                             in the statements of financial position, except
          keuangan, kecuali aset dan liabilitas pajak                          if they are for different legal entities,
          tangguhan untuk entitas yang berbeda, sesuai                         consistent with the presentation of current tax
          dengan penyajian aset dan liabilitas pajak kini.                     assets and liabilities.

     s.   Segmen operasi                                                 s.    Operating segment

          Segmen      adalah   bagian     khusus   dari                        A segment is a distinguishable component of
          Perusahaan yang terlibat baik menyediakan                            the Company that is engaged either in
          produk dan jasa (segmen usaha), maupun                               providing products and services (operating
          dalam menyediakan produk dan jasa dalam                              segments) on certain products and services
          lingkungan    ekonomi     tertentu   (segmen                         within a particular economic environment
          geografis), yang memiliki risiko dan imbalan                         (geographical segment), which is subject to
          yang berbeda dari segmen lainnya.                                    risks and reward that are different from those
                                                                               of other segments.
          Jumlah setiap unsur segmen dilaporkan                                The amount of each reported segment is the
          merupakan ukuran yang dilaporkan kepada                              measure reported to the chief operation
          pengambil keputusan operasional untuk tujuan                         decision maker for the purpose of making
          pengambilan keputusan untuk mengalokasikan                           decisions about allocating resources to the
          sumber daya kepada segmen dan menilai                                segment and assessing its performance.
          kinerjanya.
          Pendapatan, beban, aset, dan liabilitas                              Revenue, expenses, assets, and liabilities
          termasuk akun yang dapat diatribusikan                               can be directly attributable to a segment as
          langsung kepada suatu segmen serta hal-hal                           well as those that can be allocated on a
          yang dapat dialokasikan dengan dasar yang                            reasonable basis to that segment.
          sesuai kepada segmen tersebut.

          Informasi keuangan dilaporkan berdasarkan                            Financial information is reported based on
          informasi yang digunakan oleh manajemen                              the information used by management in
          dalam mengevaluasi kinerja setiap segmen                             evaluating the performance of each
          dan menentukan pengalokasian sumber daya.                            segments and determining the allocation of
          Sehubungan dengan ini, informasi segmen                              resources. In this respect, the segment
          dalam     laporan    keuangan     disajikan                          information in the financial statements is
          berdasarkan pengklasifikasian umum atas                              presented based on general classification of
          daerah pemasaran sebagai segmen geografis.                           marketing areas as geographical segments.




                                                             39
Page 329
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                          As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                   and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                             unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     t.   Laba per saham dasar                                           t.    Basic earnings per share

          Laba per saham dasar dihitung dengan                                 Basic earnings per share are computed by
          membagi laba tahun berjalan dengan jumlah                            dividing the income for the year by the
          rata-rata tertimbang saham yang beredar pada                         weighted average number of shares
          tahun yang bersangkutan.                                             outstanding during the year.

     u.   Liabilitas imbalan kerja                                       u.    Liability for employee benefits

          Perusahaan mengakui seluruh imbalan kerja                            The Company recognizes employee benefits
          yang diberikan melalui program atau perjanjian                       under formal and informal programs or
          formal dan informal, peraturan perundang-                            agreements, under legislative requirements
          undangan atau peraturan industri, yang                               or through industry arrangements, including
          mencakup imbalan pasca-kerja, imbalan kerja                          post-employment benefits, short-term and
          jangka pendek dan jangka panjang lainnya,                            other long-term employee benefits, and
          dan pesangon pemutusan hubungan kerja.                               termination benefits.

          Perusahaan mencatat penyisihan manfaat                               The Company made provisions in order to
          untuk memenuhi imbalan minimum yang harus                            meet the minimum benefits required to be
          dibayar kepada karyawan-karyawan sesuai                              paid to the qualified employees under Labor
          dengan Undang-Undang Nomor 11 Tahun                                  Law No. 11 of 2020 on Job Creation and
          2020 tentang Cipta Kerja dan PP No. 35 Tahun                         Government Regulation No. 35 of 2021. The
          2021. Penyisihan tersebut diestimasi dengan                          said provisions are estimated using actuarial
          menggunakan perhitungan aktuarial metode                             calculations using the “Projected Unit Credit”
          “Projected Unit Credit”.                                             method.

          Perkiraan liabilitas pada tanggal laporan posisi                     The estimated liabilities as of the statement
          keuangan merupakan nilai kini imbalan pasti                          of financial position date represents the
          pada tanggal laporan posisi keuangan.                                present value of the defined benefit
                                                                               obligation as of the statement of financial
                                                                               position date.

          Biaya imbalan pasca kerja yang diakui selama                         The post-employment benefits expense
          tahun berjalan terdiri dari biaya jasa dalam                         recognized during the current year consists
          laba rugi, bunga neto atas liabilitas imbalan                        of service cost in profit and loss, net interest
          pasti neto dalam laba rugi dan pengukuran                            on the net defined benefit liability in profit and
          kembali liabilitas imbalan pasti neto dalam                          loss and remeasurement of the net defined
          penghasilan komprehensif lain.                                       benefit liabilities in other comprehensive
                                                                               income.

          Pengukuran kembali liabilitas imbalan pasti                          Remeasurements of the net defined benefit
          neto terdiri atas:                                                   liability consists of:
          - keuntungan dan kerugian aktuarial                                  - Actuarial gains and losses
          - imbal hasil atas aset program, tidak                               - Return on plan assets, excluding amount
             termasuk jumlah yang dimasukkan dalam                                 included in net interest on the net defined
             bunga neto atas liabilitas imbalan pasti                              benefit liability
             neto
          - setiap perubahan dampak batas atas aset,                           -   Any change in effect of the asset ceiling,
             tidak termasuk jumlah yang dimasukkan                                 excluding amount including in net interest
             dalam bunga neto atas liabilitas imbalan                              on the net defined benefit liability
             pasti neto




                                                             40
Page 330
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                        As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                 and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                           unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued

     u.   Liabilitas imbalan kerja (lanjutan)                          u.    Liability for employee benefits (continued)

          Penangguhan pengakuan keuntungan dan                               Deferred recognition of actuarial gains and
          kerugian aktuarial tidak diizinkan. Keuntungan                     losses is not allowed. Actuarial gains and
          dan kerugian aktuarial langsung diakui dalam                       losses are recognized directly in other
          komponen penghasilan komprehensif lain                             comprehensive income component in equity
          dalam ekuitas dan dapat dialihkan ke pos lain                      and can be transferred to other post within
          dalam ekuitas.                                                     equity.

          Perusahaan memberikan imbalan kerja jangka                         The Company provides other long-term
          panjang lainnya berupa penghargaan masa                            employment benefits in the form of long
          kerja yang ditentukan sesuai dengan Peraturan                      service award which is determined in
          Perusahaan. Perkiraan beban imbalan ini                            compliance with the Company’s Regulation.
          dihitung dan diakui sepanjang masa kerja                           The expected costs of these benefits are
          karyawan dengan menggunakan metode yang                            calculated and recognized over the year of
          diterapkan dalam menghitung kewajiban                              employment, using a method which is
          imbalan kerja. Kewajiban ini dihitung minimum                      applied in calculating obligation for post-
          satu tahun sekali oleh aktuaris independen.                        employment benefits. These obligations are
          Imbalan kerja jangka panjang lainnya yang                          calculated minimum once a year by an
          telah menjadi hak karyawan diakui segera                           independent actuary. Other long term
          sebagai beban dalam laporan laba rugi dan                          employment benefits that are vested, are
          penghasilan komprehensif lain.                                     recognized as expense immediately in the
                                                                             statement of profit or loss and other
                                                                             comprehensive income.

     v.   Saling hapus instrumen keuangan                              v.    Offsetting financial statements

          Aset keuangan dan liabilitas keuangan saling                       Financial assets and financial liabilities are
          hapus dan nilai netonya dilaporkan dalam                           offset and the net amount are reported in the
          laporan posisi keuangan jika, dan hanya jika,                      statements of financial position if, and only if,
          terdapat hak yang berkekuatan hukum untuk                          there is currently enforceable legal right to
          saling hapus atas jumlah yang diakui dan                           offset the recognized amounts and there is
          terdapat niat untuk menyelesaikan secara                           an intention to settle on a net basis, or to
          neto, atau untuk merealisasikan aset dan                           realize the assets and settle the liabilities
          menyelesaikan liabilitas secara bersamaan.                         simultaneously.

          Hal yang berkekuatan hukum harus tidak                             The legally enforceable right must not be,
          kontinjen atas peristiwa di masa depan dan                         contingent on future events and must been
          harus dapat dipaksakan di dalam situasi bisnis                     forceable in the normal course of business
          yang normal, peristiwa kegagalan atau                              and in the event of default, insolvency or
          kebangkrutan dari entitas atas seluruh pihak                       bankruptcy of the company or the
          lawan.                                                             counterparty.

          Pendapatan dan beban disajikan dalam jumlah                        Income and expenses are presented on a net
          neto hanya jika diperkenankan oleh Standar                         basis only when permitted by the Financial
          Akuntansi Keuangan.                                                Accounting Standards.




                                                           41
Page 331
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                      As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                               and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                         unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     w. Perubahan  kebijakan         akuntansi     dan                 w. Change in accounting                 policies     and
        pengungkapan (lanjutan)                                           disclosures (continued)
        Penerapan dari standar revisi berikut sejak                         The adoption of these revised standards
        1 Januari 2023, tidak menimbulkan perubahan                         since January 1, 2023 did not result in
        substantial terhadap kebijakan akuntansi                            substantial changes to the Company’s
        Perusahaan dan tidak berdampak signifikan                           accounting policies and had no material
        terhadap jumlah yang dilaporkan pada tahun                          effect on the amounts reported for the
        berjalan atau tahun sebelumnya:                                     current or prior financial years:
        -    Amandemen PSAK No. 1: Penyajian                                -   Amendment       of    SFAS      No. 1:
            laporan keuangan tentang Pengungkapan                               Presentation of financial statement -
            Kebijakan Akuntansi                                                 Disclosure of accounting policies

            Amandemen ini memberikan panduan dan                                This amendment provides guidance and
            contoh      untuk      membantu      entitas                        examples to help entities apply
            menerapkan pertimbangan materialitas                                materiality judgements to accounting
            dalam pengungkapan kebijakan akuntansi.                             policy disclosures. The amendment aim
            Amandemen tersebut bertujuan untuk                                  to help entities provide accounting policy
            membantu          entitas      menyediakan                          disclosures that are more useful by
            pengungkapan kebijakan akuntansi yang                               replacing the requirement for entities to
            lebih     berguna      dengan    mengganti                          disclose their ‘significant’ accounting
            persyaratan      untuk      mengungkapkan                           policies with a requirement to disclose
            kebijakan akuntansi 'signifikan' entitas                            their ‘material’ accounting policies and
            dengan persyaratan untuk mengungkapkan                              adding guidance on how entities apply
            kebijakan akuntansi 'material' entitas dan                          the concept of materiality in making
            menambahkan            panduan      tentang                         decisions about accounting policy
            bagaimana entitas menerapkan konsep                                 disclosures.
            materialitas dalam membuat keputusan
            tentang       pengungkapan        kebijakan
            akuntansi.

        -   Amandemen PSAK No. 25: Kebijakan                                -   Amendment        of    SFAS    No. 25:
            Akuntansi, Perubahan Estimasi Akuntansi,                            Accounting      Policies,  Changes  in
            dan Kesalahan terkait Definisi Estimasi                             Accounting Estimates and Errors -
            Akuntansi                                                           Definition of Accounting Estimates

            Amandemen tersebut memperkenalkan                                   The amendment introduces a definition
            definisi    'estimasi     akuntansi'    dan                         of ‘accounting estimates’ and clarify the
            mengklarifikasi       perbedaan      antara                         distinction    between       changes      in
            perubahan      estimasi    akuntansi    dan                         accounting estimates and changes in
            perubahan kebijakan akuntansi dan koreksi                           accounting policies and the correction of
            kesalahan. Amandemen tersebut juga                                  errors. Also, they clarify how entities use
            mengklarifikasi       bagaimana      entitas                        measurement techniques and inputs to
            menggunakan teknik pengukuran dan input                             develop accounting estimates.
            untuk mengembangkan estimasi akuntansi.
        -   Amandemen PSAK No. 46: Pajak                                    -   Amendment of SFAS No. 46: Income
            Penghasilan tentang Pajak Tangguhan                                 Taxes - Deferred Tax related to Assets
            Terkait Aset dan Liabilitas Yang Timbul Dari                        and Liabilities arising from a Single
            Transaksi Tunggal                                                   Transaction

            Amendemen ini mengusulkan agar entitas                              This amendment proposes that entities
            mengakui aset maupun liabilitas pajak                               recognize deferred tax assets and
            tangguhan pada saat pengakuan awalnya                               liabilities at the time of initial recognition,
            sebagai contoh dari transaksi sewa, untuk                           for example from a lease transaction, to
            mengeliminasi perbedaan praktik saat ini                            eliminate differences in current practice
            atas transaksi tersebut dan transaksi lain                          for such transactions and similar
            yang serupa.                                                        transactions.

                                                           42
Page 332
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                        As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                 and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                           unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.    SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)
     w. Perubahan   kebijakan           akuntansi      dan              w. Change in accounting               policies    and
        pengungkapan (lanjutan)                                            disclosures (continued)
          Penerapan dari standar revisi berikut sejak                         The adoption of these revised standards
          1 Januari 2023, tidak menimbulkan perubahan                         since January 1, 2023 did not result in
          substantial terhadap kebijakan akuntansi                            substantial changes to the Company’s
          Perusahaan dan tidak berdampak signifikan                           accounting policies and had no material
          terhadap jumlah yang dilaporkan pada tahun                          effect on the amounts reported for the
          berjalan atau tahun sebelumnya (lanjutan):                          current or prior financial years (continued):
          -   Amendemen PSAK No. 16: Aset Tetap -                             -   Amendments to SFAS No. 16: Fixed
              Hasil     sebelum Penggunaan  yang                                  Assets - Proceeds before Intended Use
              Diintensikan
              Amandemen ini tidak memperbolehkan                                  The amendments prohibit entities to
              entitas untuk mengurangi suatu hasil                                deduct from the cost of an item of fixed
              penjualan item yang diproduksi saat                                 assets, any proceeds from selling items
              membawa aset tersebut ke lokasi dan                                 produced while bringing that asset to the
              kondisi yang diperlukan supaya aset dapat                           location and condition necessary for it to
              beroperasi      sesuai     dengan    intensi                        be capable of operating in the manner
              manajemen dari biaya perolehan suatu                                intended by management. Instead, an
              aset tetap. Sebaliknya, entitas mengakui                            entity recognizes the proceeds from
              hasil dari penjualan item-item tersebut, dan                        selling such items, and the costs of
              biaya untuk memproduksi item-item                                   producing those items, in the profit or
              tersebut, dalam laba rugi.                                          loss.

     x.   Standar akuntansi yang telah disahkan                        x.     Accounting standards issued but not yet
          namun belum berlaku efektif                                         effective
          Standar akuntansi yang telah disahkan oleh                          The standards that are issued by the
          Dewan Standar Akuntansi Keuangan (DSAK),                            Indonesian Financial Accounting Standards
          tetapi belum berlaku efektif untuk laporan                          Board (DSAK), but not yet effective for current
          keuangan tahun berjalan diungkapkan di                              financial statements are disclosed below.The
          bawah ini. Perusahaan bermaksud untuk                               Company intends to adopt these standards, if
          menerapkan standar tersebut, jika dipandang                         applicable, when they become effective.
          relevan, saat telah menjadi efektif.
          Efektif berlaku pada atau setelah tanggal                            Effective on or after January 1, 2024
          1 Januari 2024

          Pilar Standar Akuntansi Keuangan                                     Financial Accounting Standards Pillars

          Standar ini memberikan persyaratan dan                               These standards provides requirements and
          pedoman bagi entitas untuk menerapkan standar                        guidelines for entities to apply the correct
          akuntansi keuangan yang benar dalam menyusun                         financial accounting standards in preparing
          laporan keuangan bertujuan umum. Akan ada 4                          general purpose financial statements. There
          (empat) standar akuntansi keuangan yang saat ini                     will be 4 (four) financial accounting standards
          diterapkan di Indonesia, yaitu:                                      that are currently applied in Indonesia,
          1. Pilar 1 Standar Akuntansi Keuangan                                namely:
               Internasional,                                                  1. Pillar 1 International Financial Accounting
          2. Pilar 2 Standar Akuntansi Keuangan                                    Standards,
               Indonesia (PSAK),                                               2. Pillar 2 Indonesian Financial Accounting
          3. Pilar 3 Standar Akuntansi Keuangan                                    Standards (PSAK),
               Indonesia untuk Entitas Swasta/Standar                          3. Pillar 3 Indonesian Financial Accounting
               Akuntansi Keuangan Indonesia untuk Entitas                          Standards for Private Entities/Indonesian
               Tanpa Akuntabilitas Publik, dan                                     Financial Accounting Standards for
          4. Pilar 4 Standar Akuntansi Keuangan                                    Entities without Public Accountability, and
               Indonesia untuk Entitas Mikro Kecil dan                         4. Pillar 4 Indonesian Financial Accounting
               Menengah.                                                           Standards for Micro Small and Medium
                                                                                   Entities.

                                                             43
Page 333
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                           PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                           As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                    and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                       (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                              unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     x.   Standar akuntansi yang telah disahkan                           x.     Accounting standards issued but not yet
          namun belum berlaku efektif (lanjutan)                                 effective (continued)

          Efektif berlaku pada atau setelah tanggal                              Effective on or after January 1, 2024
          1 Januari 2024 (lanjutan)                                              (continued)

          Standar Akuntansi Keuangan Internasional                               International Financial Accounting Standard

          Standar ini merupakan adopsi penuh dari                                This standard is a full-adoption of
          International Financial Reporting Standards                            International Financial Reporting Standards
          (“IFRS”) yang diterjemahkan kata demi kata                             (“IFRS”) which is translated in a word-for-
          dan tidak ada modifikasi dari Standar IFRS,                            word basis and there is no modifications
          termasuk tanggal efektifnya. Entitas yang                              from IFRS Standards, including the effective
          memenuhi persyaratan dapat menerapkan                                  date. Entities that meet the requirements
          standar ini, sejak tanggal efektif                                     can apply this standard, from the effective
                                                                                 date.

          Nomenklatur Standar Akuntansi Keuangan                                 Financial    Accounting                Standards
                                                                                 Nomenclature

          Standar ini ini mengatur penomoran baru untuk                          This standard regulates the new numbering
          standar akuntansi keuangan yang berlaku di                             for financial accounting standards applicable
          Indonesia yang diterbitkan oleh DSAK IAI.                              in Indonesia issued by DSAK IAI.

          Amandemen PSAK No. 1: Liabilitas Jangka                                Amendment of SFAS No. 1: Non-current
          Panjang dengan Kovenan                                                 Liabilities with Covenants
          Amandemen ini menentukan persyaratan untuk                             The amendments specify the requirements for
          mengklasifikasikan suatu liabilitas sebagai                            classifying liabilities as current or non-current
          jangka pendek atau jangka panjang dan                                  and clarify:
          menjelaskan:
              hal yang dimaksud sebagai hak untuk                                what is meant by a right to defer
               menangguhkan pelunasan,                                             settlement,
              hak untuk menangguhkan pelunasan                                   the right to defer must exist at the end of
               harus ada pada akhir periode pelaporan,                             the reporting period,
              klasifikasi tersebut tidak dipengaruhi oleh                        classification is not affected by the
               kemungkinan entitas akan menggunakan                                likelihood that an entity will exercise its
               hakya untuk menangguhkan liabilitas, dan                            deferral right, and
              hanya jika derivatif melekat pada liabilitas                       only if an embedded derivative in a
               konversi tersebut adalah suatu instrumen                            convertible liability is an equity instrument
               ekuitas, maka syarat dan ketentuan dari                             would the terms and conditions of a liability
               suatu liabilitas konversi tidak akan                                will not impact its classification.
               berdampak pada klasifikasinya.

          Selain itu, persyaratan telah diperkenalkan                           In addition, a requirement has been introduced
          untuk mewajibkan pengungkapan ketika suatu                             to require disclosure when a liability arising
          kewajiban timbul dari pinjaman perjanjian                              from a loan agreement is classified as non-
          diklasifikasikan sebagai tidak lancar dan hak                          current and the entity’s right to defer
          entitas     untuk    menunda      penyelesaian                         settlement is contingent on compliance with
          bergantung      pada    kepatuhan     terhadap                         future covenants within twelve months.
          persyaratan di masa depan dalam waktu dua
          belas bulan.
                                                                                The amendments are effective for annual
          Amendemen tersebut berlaku efektif untuk                              reporting periods beginning on or after
          periode pelaporan tahunan yang dimulai pada                           January 1, 2024 retrospectively with early
          atau setelah 1 Januari 2024 secara retrospektif                       adoption permitted.
          dengan penerapan dini diperkenankan.



                                                              44
Page 334
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                            unless otherwise stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.    SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     x.   Standar akuntansi yang telah disahkan                         x.     Accounting standards issued but not yet
          namun belum berlaku efektif (lanjutan)                               effective (continued)

          Efektif berlaku pada atau setelah tanggal                            Effective on or after January 1, 2024
          1 Januari 2024 (lanjutan)                                           (continued)

          Perusahaan saat ini sedang menilai dampak                           The Company is currently assessing the
          dari amandemen tersebut untuk menentukan                            impact of the amendment to determine the
          dampaknya terhadap pelaporan keuangan                               impact they will have on the Company’s
          Perusahaan.                                                         financial reporting.


          Amandemen PSAK No. 73: Liabilitas Sewa                              Amendment of SFAS No. 73: Lease liability
          dalam Jual Beli dan Sewa-balik                                      in a Sale and Leaseback

          Amandemen PSAK No. 73 Sewa menetapkan                               The amendment to SFAS o.. 73 Leases
          persyaratan yang digunakan penjual-penyewa                          specifies the requirements that a seller-
          dalam mengukur kewajiban sewa yang timbul                           lessee uses in measuring the lease liability
          dalam transaksi jual beli dan sewa-balik, untuk                     arising in a sale and leaseback transaction,
          memastikan penjual-penyewa tidak mengakui                           to ensure the seller-lessee does not
          jumlah setiap keuntungan atau kerugian yang                         recognise any amount of the gain or loss
          terkait dengan hak guna yang dipertahankan.                         that relates to the right of use it retains


          Amandemen berlaku secara retrospektif untuk                         The amendment applies retrospectively to
          periode pelaporan tahunan yang dimulai pada                         annual reporting periods beginning on or
          atau setelah 1 Januari 2024. Penerapan dini                         after January 1, 2024. Earlier application is
          diperkenankan. Perusahaan saat ini sedang                           permitted. The Company is currently
          menilai dampak dari amandemen tersebut                              assessing the impact of the amendment to
          untuk menentukan dampaknya terhadap                                 determine the impact they will have on the
          pelaporan keuangan Perusahaan.                                      Company’s financial reporting.

          Amandemen PSAK No. 2 dan PSAK No. 60:                               Amendment of SFAS No. 2 and SFAS
          Pengaturan Pembiayaan Pemasok                                       No. 60: Supplier Finance Arrangements

          Amandemen PSAK No. 2 dan PSAK No. 60                                The amendments to SFAS No. 2 and SFAS
          mengklarifikasi       karakteristik   pengaturan                    No. 60 clarify the characteristics of supplier
          pembiayaan pemasok dan mensyaratkan                                 finance arrangements and require additional
          pengungkapan tambahan atas pengaturan                               disclosure of such arrangements. The
          pembiayaan pemasok tersebut. Persyaratan                            disclosure requirements in the amendments
          pengungkapan         dalam       amandemen    ini                   are intended to assist users of financial
          dimaksudkan untuk membantu pengguna                                 statements in understanding the effects of
          laporan keuangan dalam memahami dampak                              supplier finance arrangements on an entity’s
          pengaturan pembiayaan pemasok terhadap                              liabilities, cash flows and exposure to
          liabilitas, arus kas, dan eksposur terhadap                         liquidity risk.
          risiko likuiditas suatu entitas.

          Amandemen ini akan berlaku efektif untuk                            The amendments will be effective for annual
          periode pelaporan tahunan yang dimulai pada                         reporting periods beginning on or after
          atau setelah 1 Januari 2024. Penerapan dini                         January 1, 2024. Early adoption is permitted,
          diperkenankan, namun perlu diungkapkan.                             but will need to be disclosed.The
          Amandemen tersebut diperkirakan tidak                               amendments are not expected to have a
          mempunyai dampak material terhadap laporan                          material impact on the Company’s financial
          keuangan Perusahaan.                                                statements.




                                                              45
Page 335
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

         PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
      Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
           (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
               kecuali dinyatakan lain)                                            unless otherwise stated)


 2.    IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.      SUMMARY OF MATERIAL ACCOUNTING
       MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

      x.   Standar akuntansi yang telah disahkan                         x.     Accounting standards issued but not yet
           namun belum berlaku efektif (lanjutan)                               effective (continued)

           Efektif berlaku pada atau setelah tanggal                            Effective on or after January 1, 2024
           1 Januari 2024 (lanjutan)                                            (continued)

           Perusahaan sedang mengevaluasi dampak                                The Company is presently evaluating and
           dari standar akuntansi tersebut dan belum                            has not yet determined the effects of these
           menentukan dampaknya terhadap laporan                                accounting standards on its financial
           keuangan Perusahaan.                                                 statements.

3.    SUMBER ESTIMASI KETIDAKPASTIAN                              3.     SOURCE OF ESTIMATION UNCERTAINTY
      Pertimbangan                                                       Judgments
      Penyusunan laporan keuangan sesuai dengan                          The preparation of financial statements, in
      Standar Akuntansi Keuangan di Indonesia                            conformity with Indonesian Financial Accounting
      mewajibkan manajemen untuk membuat estimasi                        Standards requires management to make
      dan asumsi yang mempengaruhi jumlah-jumlah                         estimations and assumptions that affect amounts
      yang dilaporkan dalam laporan keuangan.                            reported therein. Uncertainty about these
      Ketidakpastian mengenai asumsi dan estimasi                        assumptions and estimation could result material
      tersebut dapat mengakibatkan penyesuaian                           adjustments to the carrying amount of assets and
      material terhadap nilai tercatat aset dan liabilitas               liabilities within the next financial reporting period.
      dalam periode pelaporan berikutnya.

      Pertimbangan berikut ini dibuat oleh manajemen                     The following judgments are made by
      dalam rangka penerapan kebijakan akuntansi                         management in the process of applying the
      Perusahaan yang memiliki pengaruh paling                           Company’s accounting policies that have the
      signifikan atas jumlah yang diakui dalam laporan                   most significant effects on the amounts
      keuangan:                                                          recognized in the financial statements:

      Usaha yang berkelanjutan                                           Going concern

      Manajemen Perusahaan telah melakukan penilaian                     The Company’s management has made an
      atas kemampuan Perusahaan untuk melanjutkan                        assessment of the Company’s ability to continue
      kelangsungan usahanya dan berkeyakinan bahwa                       as a going concern and is satisfied that the
      Perusahaan memiliki sumber daya untuk                              Company has the resources to continue business
      melanjutkan usahanya di masa mendatang. Selain                     in the future. Furthermore, the management is not
      itu, manajemen tidak mengetahui adanya                             aware of any material uncertainties that may cast
      ketidakpastian material yang dapat menimbulkan                     significant doubt upon the Company’s ability to
      keraguan yang signifikan terhadap kemampuan                        continue as a going concern. Therefore, the
      Perusahaan untuk melanjutkan kelangsungan                          financial statements continue to be prepared on
      usahanya. Oleh karena itu, laporan keuangan telah                  the going concern basis.
      disusun atas dasar usaha yang berkelanjutan.

      Klasifikasi aset dan liabilitas keuangan                           Classification of financial assets and financial
                                                                         liabilities

      Perusahaan menetapkan klasifikasi atas aset dan                    The Company determines the classifications of
      liabilitas tertentu sebagai aset keuangan dan                      certain assets and liabilities as financial assets
      liabilitas keuangan dengan mempertimbangkan                        and financial liabilities by judging if they meet the
      apakah definisi yang ditetapkan PSAK No. 71                        definition set forth in SFAS No. 71. Accordingly,
      dipenuhi. Dengan demikian, aset keuangan dan                       the financial assets and financial liabilities are
      liabilitas keuangan diakui sesuai dengan kebijakan                 accounted for in accordance with Company’s
      akuntansi Perusahaan seperti diungkapkan pada                      accounting policies disclosed in Note 2c.
      Catatan 2c.

      Estimasi dan asumsi                                                Estimates and assumptions

      Asumsi utama masa depan dan sumber utama                           The key assumptions concerning the future and
      estimasi ketidakpastian lain pada akhir periode                    other key sources of estimation uncertainty at the
                                                             46
Page 336
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                   As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                            and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                      unless otherwise stated)


3.    SUMBER          ESTIMASI       KETIDAKPASTIAN             3.    SOURCE OF          ESTIMATION          UNCERTAINTY
      (lanjutan)                                                      (continued)

      Estimasi dan asumsi (lanjutan)                                  Estimates and assumptions (continued)

     pelaporan yang memiliki risiko signifikan bagi                  reporting date that have a significant risk of
     penyesuaian yang material terhadap nilai tercatat               causing a material adjustment to the carrying
     aset dan liabilitas untuk periode pelaporan                     amounts of assets and liabilities within the next
     keuangan berikutnya, diungkapkan di bawah ini.                  financial reporting period are disclosed below.
     Perusahaan mendasarkan asumsi dan estimasi                      The Company based its assumptions and
     pada parameter yang tersedia pada saat laporan                  estimates on parameters which are available
     keuangan disusun.                                               when the financial statements were prepared.

     Asumsi dan situasi mengenai perkembangan masa                   Existing assumptions and circumstances about
     depan mungkin berubah akibat perubahan pasar                    future developments may change due to market
     atau situasi diluar kendali Perusahaan. Perubahan               changes or circumstances arising beyond the
     tersebut dicerminkan dalam asumsi terkait pada                  control of the Company. Such changes are
     saat terjadinya.                                                reflected in the assumptions as they occur.

     Cadangan kerugian penurunan nilai aset keuangan                 Allowance for impairment losses on financial
                                                                     assets

     Evaluasi atas cadangan kerugian penurunan nilai                 Allowance for impairment losses on financial
     aset keuangan yang dicatat pada biaya perolehan                 assets carried at amortized cost are evaluated as
     diamortisasi dijelaskan pada Catatan 2d.                        explained in Notes 2d.

     Evaluasi cadangan kerugian penurunan nilai                      Allowance for impairment losses collectively
     secara kolektif mencakup kerugian kredit yang                   assessed includes inherent credit losses in
     melekat pada portofolio piutang pembiayaan                      consumer       financing    and    finance    lease
     konsumen dan sewa pembiayaan dengan                             receivables portfolios with similar credit risk
     karakteristik risiko kredit yang sejenis. Dalam                 characteristics. In assessing the need for
     menentukan perlunya untuk membentuk cadangan                    collective allowances for impairment losses,
     kerugian penurunan        nilai secara    kolektif,             management considers factors such as credit
     manajemen       mempertimbangkan     faktor-faktor              quality, portfolio size, credit concentrations, and
     seperti kualitas kredit, besarnya portofolio,                   economic factors. In order to estimate the
     konsentrasi kredit, dan faktor-faktor ekonomi.                  required allowance, assumptions are made to
     Dalam mengestimasi cadangan yang dibutuhkan,                    define the way inherent losses are modeled and
     asumsi-asumsi dibuat untuk menentukan model                     to determine the required input parameters,
     kerugian bawaan dan untuk menentukan                            based on historical experience and current
     parameter input yang diperlukan, berdasarkan                    economic conditions. The accuracy of the
     pengalaman historis dan keadaan ekonomi saat ini.               allowances depends on the model assumptions
     Ketepatan dari cadangan ini bergantung pada                     and parameters used in determining collective
     asumsi model dan parameter yang digunakan                       allowances.
     dalam penentuan cadangan kolektif.

     Metodologi dan asumsi yang digunakan dalam                      The methodology and assumptions used for
     mengestimasi cadangan penurunan nilai dikaji                    estimating the allowance for impairment losses
     ulang secara berkala.                                           are reviewed regularly.

     Liabilitas imbalan kerja                                        Liability for employment benefits

     Penentuan liabilitas imbalan kerja Perusahaan                   The determination of the Company’s liability for
     bergantung pada pemilihan asumsi yang                           employment benefits is dependent on its
     digunakan oleh aktuaris independen dalam                        selection of certain assumptions used by the
     menghitung jumlah-jumlah tersebut. Asumsi                       independent actuaries in calculating such
     tersebut termasuk antara lain, tingkat diskonto,                accounts. Those assumptions include among
     tingkat kenaikan gaji tahunan, tingkat pengunduran              others, discount rates, annual salary increase
     diri karyawan tahunan, tingkat kecacatan, umur                  rate, annual employee turn-over rate, disability
     pensiun, dan tingkat kematian.                                  rate, retirement age, and mortality rate.




                                                           47
Page 337
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                   As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                            and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                      unless otherwise stated)


3.   SUMBER ESTIMASI KETIDAKPASTIAN (lanjutan)                  3.    SOURCE OF          ESTIMATION          UNCERTAINTY
                                                                      (continued)

     Estimasi dan asumsi (lanjutan)                                  Estimates and assumptions (continued)

     Liabilitas imbalan kerja (lanjutan)                             Liability for employment benefits (continued)

     Walaupun Perusahaan berkeyakinan bahwa                          While the Company believes that its assumptions
     asumsi tersebut adalah wajar dan sesuai,                        are reasonable and appropriate, significant
     perbedaan signifikan pada hasil aktual atau                     differences in the Company’s actual results or
     perubahan signifikan dalam asumsi yang                          significant   changes   in   the     Company’s
     ditetapkan Perusahaan dapat mempengaruhi                        assumptions may materially affect its estimated
     secara material liabilitas imbalan kerja dan beban              liability for employment benefits and net
     imbalan kerja neto (Catatan 2u).                                employment benefits expense (Note 2u).

     Penyusutan dan estimasi masa manfaat aset tetap                 Depreciation and estimated useful life of fixed
                                                                     assets

     Biaya perolehan aset tetap disusutkan dengan                    The costs of fixed assets are depreciated with
     menggunakan metode saldo menurun kecuali                        declining-balance method except for building
     untuk penyusutan bangunan menggunakan metode                    depreciation with straight-line method over their
     garis lurus berdasarkan estimasi masa manfaat                   estimated useful lives. As explained on Note 2l,
     ekonomisnya. Sebagaimana yang telah dijelaskan                  management properly estimates the useful lives
     pada Catatan 2l, manajemen mengestimasi masa                    of these fixed assets ranging from 4 (four) to 20
     manfaat ekonomis aset tetap antara 4 (empat)                    (twenty) years. These are common life
     sampai dengan 20 (dua puluh) tahun. Ini adalah                  expectancies applied in the industries where the
     umur yang secara umum diharapkan dalam industri                 Company conducts its businesses.
     dimana Perusahaan menjalankan bisnisnya.

     Perubahan tingkat pemakaian dan perkembangan                    Changes in the expected level of usage and
     teknologi dapat mempengaruhi masa manfaat                       technological development could impact the
     ekonomis dan nilai sisa aset, dan karenanya biaya               economic useful lives and the residual values of
     penyusutan masa depan mungkin direvisi.                         these assets, and therefore future depreciation
                                                                     charges could be revised.

     Nilai wajar atas instrumen keuangan                             Fair value of financial instruments

     Bila nilai wajar aset keuangan dan liabilitas                   When the fair values of financial assets and
     keuangan yang tercatat pada laporan posisi                      financial liabilities recorded on the statement of
     keuangan tidak tersedia di pasar aktif, nilainya                financial position cannot be derived from active
     ditentukan dengan menggunakan berbagai teknik                   markets, they are determined using a variety of
     penilaian    termasuk     penggunaan        model               valuation techniques that include the use of
     matematika. Masukan (input) untuk model ini                     mathematical models. The inputs to these
     berasal dari data pasar yang bisa diamati                       models are derived from observable market data
     sepanjang data tersebut tersedia. Bila data pasar               where possible, but when observable market
     yang bisa diamati tersebut tidak tersedia,                      data are not available, management’s judgment
     pertimbangan manajemen diperlukan untuk                         is required to establish fair values. The
     menentukan nilai wajar. Pertimbangan manajemen                  management’s judgments include considerations
     tersebut mencakup pertimbangan likuiditas dan                   of liquidity and model inputs such as discount
     masukan model seperti tingkat diskonto, tingkat                 rates, early payment rates and default rate
     pelunasan dipercepat dan asumsi tingkat gagal                   assumptions (Note 2e).
     bayar (Catatan 2e).

     Perpajakan                                                      Taxation

     Pertimbangan        signifikan   dilakukan    dalam             Significant judgment is involved in determining
     menentukan penyisihan atas pajak Perusahaan.                    the provision for tax. The Company provides tax
     Perusahaan menentukan penyisihan atas pajak                     provision based on estimates whether the
     penghasilan badan berdasarkan estimasi atas                     additional taxes will be due. Where the final tax
     kemungkinan adanya tambahan beban pajak. Jika                   outcome of these matters is different from the
     hasil akhir dari hal ini berbeda dengan jumlah yang             amounts that were initially recorded, such
     dicatat semula, maka perbedaan tersebut akan                    differences will impact the profit and loss.
                                                           48
Page 338
                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                             PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                             As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                      and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                         (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                                unless otherwise stated)


3.   SUMBER             ESTIMASI         KETIDAKPASTIAN                   3.    SOURCE OF ESTIMATION UNCERTAINTY
     (lanjutan)                                                                 (continued)

     Estimasi dan asumsi (lanjutan)                                             Estimates and assumptions (continued)

     Perpajakan (lanjutan)                                                     Taxation (continued)

     berdampak pada laba rugi. Perusahaan mengakui                             The Company recognizes liabilities for expected
     liabilitas atas pajak penghasilan badan berdasarkan                       corporate income tax issues based on estimates
     estimasi penghasilan kena pajak badan.                                    of corporate taxable income.

     Pajak Tangguhan - neto                                                    Deferred tax - net

     Aset pajak tangguhan diakui atas jumlah pajak                             Deferred tax assets are recognized for the future
     penghasilan terpulihkan (recoverable) pada periode                        recoverable taxable income arising from
     mendatang sebagai akibat perbedaan temporer                               temporary difference.
     yang boleh dikurangkan.

     Justifikasi    manajemen     diperlukan    untuk                          Management judgment is required to determine
     menentukan jumlah aset pajak tangguhan yang                               the amount of deferred tax assets that can be
     dapat diakui, sesuai dengan waktu yang tepat dan                          recognized, based upon the likely timing on level
     tingkat laba fiskal di masa mendatang sejalan                             of future taxable profits together with future
     dengan strategi rencana perpajakan ke depan                               strategic tax planning (Note 2r).
     (Catatan 2r).


4.   KAS DAN SETARA KAS                                              4.        CASH AND CASH EQUIVALENTS

                                               31 Desember/          31 Desember/
                                             December 31, 2023     December 31, 2022

     Kas                                                   470                        446                             Cash on hand

     Bank                                                                                                          Cash in banks
     Rupiah                                                                                                                Rupiah
       Pihak berelasi (Catatan 31)                                                                     Related party (Note 31)
         PT Bank Maybank Indonesia Tbk                 136.988                     23.020     PT Bank Maybank Indonesia Tbk
       Pihak ketiga                                                                                              Third parties
         PT Bank Central Asia Tbk                       11.425                       9.663          PT Bank Central Asia Tbk
         PT Bank Negara Indonesia                                                                  PT Bank Negara Indonesia
            (Persero) Tbk                                6.543                          -                  (Persero) Tbk
         PT Bank Hibank Indonesia                          550                          -          PT Bank Hibank Indonesia
         PT Bank Mandiri (Persero) Tbk                     272                        271      PT Bank Mandiri (Persero) Tbk
         Lainnya                                           282                        314                             Others

     Mata uang asing                                                                                              Foreign currency
     Dolar Amerika Serikat                                                                                    United States Dollar
       Pihak berelasi (Catatan 31)                                                                     Related party (Note 31)
          PT Bank Maybank Indonesia Tbk                                                       PT Bank Maybank Indonesia Tbk
          (USD673.567 dan USD681.890                                                                       (USD673,567 and
          masing-masing                                                                                   USD681,890 as of
          pada tanggal-tanggal                                                                           December 31, 2023
          31 Desember 2023 dan 2022)                    10.384                     10.720             and 2022, respectively)

     Total bank                                        166.444                     43.988                         Total cash in banks

     Total setara kas                                  166.914                     44.434                      Total cash equivalents

     Cadangan kerugian penurunan nilai                     (494)                       (75)           Allowance for impairment losses

     Neto                                              166.420                     44.359                                         Net




                                                             49
Page 339
                                                                              The original financial statements included herein are in the
                                                                                                                    Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                               PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                               As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                        and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                           (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                                  unless otherwise stated)


4.   KAS DAN SETARA KAS (lanjutan)                                       4.     CASH AND CASH EQUIVALENTS (continued)

                                            Tahun yang berakhir pada tanggal 31 Desember/
                                                      Year ended December 31,

                                                       2023                    2022
     Kisaran tingkat suku bunga tahunan                                                                     Range of annual interest rate
        atas penempatan kas pada bank                                                                                 of cash in banks
           Rupiah                                    0,00%-2,50%          0,00%-2,50%                                        Rupiah
           Mata uang asing                           0,00%-0,45%          0,00%-0,45%                             Foreign currency


     Pada tanggal-tanggal 31 Desember 2023 dan                                  As of December 31, 2023 and 2022, none of the
     2022, kas dan setara kas tidak digunakan sebagai                           cash and cash equivalent is used as collateral for
     jaminan   atas    utang    dan tidak     dibatasi                          loans or restricted.
     penggunaannya.


5.   PIUTANG SEWA PEMBIAYAAN                                             5.     FINANCE LEASE RECEIVABLES

                                                  31 Desember/           31 Desember/
                                                December 31, 2023      December 31, 2022

     Pihak ketiga                                                                                                          Third parties
       Piutang sewa pembiayaan                                                                              Finance lease receivables
         Rupiah                                          1.864.906                1.174.348                                 Rupiah

       Nilai sisa terjamin                                685.634                     484.965              Guaranteed residual value
       Pendapatan sewa pembiayaan                                                                                 Unearned finance
          belum diakui                                    (200.680)                 (123.460)                      leases income

       Simpanan jaminan                                   (685.634)                 (484.965)                         Security deposit

       Sub-total                                         1.664.226                1.050.888                                  Sub-total
       Beban ditangguhkan                                     18.160                   11.696                       Deferred expense

     Total piutang sewa pembiayaan                       1.682.386                1.062.584             Total finance lease receivables

     Cadangan kerugian penurunan nilai                     (16.376)                    (9.586)          Allowance for impairment losses

     Piutang sewa pembiayaan-neto                        1.666.010                1.052.998              Finance lease receivables-net


                                            Tahun yang berakhir pada tanggal 31 Desember/
                                                      Year ended December 31,

                                                       2023                    2022
     Tingkat suku bunga efektif rata-rata                                                                       Annual average effective
        per tahun                                                                                                         interest rate
        Rupiah                                            10,88%                   11,15%                                      Rupiah

     Pada tanggal-tanggal 31 Desember 2023 dan                                  As of December 31, 2023 and 2022, all finance
     2022, seluruh piutang sewa pembiayaan                                      lease receivables represents interest-bearing
     merupakan piutang yang dikenakan bunga yang                                receivables arising from financing activities in the
     timbul dari kegiatan pembiayaan dalam bentuk                               from investment financing activities and business
     pembiayaan investasi dan fasilitas modal usaha                             capital facilities granted to consumers for
     yang    diberikan   kepada  konsumen     untuk                             financing of vehicles, heavy equipment and
     pembiayaan kendaraan bermotor, alat berat dan                              industrial machineries.
     mesin industri.




                                                                  50
Page 340
                                                                             The original financial statements included herein are in the
                                                                                                                   Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                              PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                              As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                       and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                          (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                                 unless otherwise stated)


5.   PIUTANG SEWA PEMBIAYAAN (lanjutan)                                 5.     FINANCE LEASE RECEIVABLES (continued)

     Pengelompokan piutang yang akan diterima dari                             Classification of receivables which will be
     konsumen menurut periode jatuh tempo angsuran                             collected from consumers in accordance with
     adalah sebagai berikut:                                                   installment due period are as follows:

                                                31 Desember/            31 Desember/
                                              December 31, 2023       December 31, 2022

     Pihak ketiga                                                                                                         Third parties
       Telah jatuh tempo                                 52.236                     17.590                                  Past due
       Dalam satu tahun                                 876.388                    577.620                              Within 1 year
       Diatas 1 - 2 tahun                               624.483                    370.714                      More than 1 - 2 years
       Diatas 2 - 3 tahun                               267.464                    172.350                      More than 2 - 3 years
       Diatas 3 tahun                                    44.335                     36.074                        More than 3 years

     Piutang sewa pembiayaan-bruto                     1.864.906                 1.174.348             Finance lease receivables-gross



     Pengelompokan piutang sewa pembiayaan-bruto                               Classification of finance lease receivables-gross
     menurut hari tunggakan adalah sebagai berikut:                            based on days overdue are as follows:

                                                31 Desember/            31 Desember/
                                              December 31, 2023       December 31, 2022

     Lancar                                            1.812.670                 1.156.758                                        Current
     1-30 hari                                            28.212                    15.583                                      1-30 days
     31-60 hari                                            8.171                       531                                     31-60 days
     61-90 hari                                            4.381                       231                                     61-90 days
     >90 hari                                             11.472                     1.245                                       >90 days

     Piutang sewa pembiayaan-bruto                     1.864.906                 1.174.348             Finance lease receivables-gross



     Piutang sewa pembiayaan pada tanggal-tanggal                              Finance lease receivables as of December 31,
     31 Desember 2023 dan 2022 masing-masing                                   2023 and 2022 amounting to Rp6,574 and RpNil
     sebesar Rp6.574 dan RpNihil digunakan sebagai                             were used as collateral for bank loans (Note 13)
     jaminan atas utang bank (Catatan 13), dan masing-                         and amounting to Rp1,894 and Rp391 were used
     masing sebesar Rp1.894 dan Rp391 digunakan                                as collateral for bonds payable, respectively (Note
     sebagai jaminan atas utang obligasi (Catatan 16).                         16).
     Analisis atas perubahan dalam nilai tercatat bruto                        An analysis of change in the gross carrying
     dan cadangan atas kerugian kredit ekspektasian                            amount and the corresponding expected credit
     terkait piutang sewa pembiayaan adalah sebagai                            loss allowances of finance lease receivables are
     berikut:                                                                  as follows:

                                                            31 Desember/
                                                          December 31, 2023

                                         Tahap 1/      Tahap 2/           Tahap 3/
                                         Stage 1       Stage 2            Stage 3              Total

     Nilai tercatat bruto awal            1.045.399         15.450               1.735        1.062.584     Beginning gross carrying amount
     Dipindahkan ke tahap 1                   2.596         (2.596)                  -                -                   Transfer to stage 1
     Dipindahkan ke tahap 2                  (9.524)         9.524                   -                -                   Transfer to stage 2
     Dipindahkan ke tahap 3                 (11.314)       (10.388)             21.702                -                   Transfer to stage 3
     Aset baru                            1.133.809         10.422               2.396        1.146.627               New assets originated
     Perubahan neto                        (390.000)        (2.918)             (6.512)        (399.430)                         Net change
     Aset dihentikan pengakuannya                                                                                      Assets derecognized
         selain karena penghapusbukuan     (119.407)        (2.405)              (1.925)        (123.737)              other than write-off
     Penghapusbukuan                              -              -               (3.658)          (3.658)                            Write-off

     Nilai tercatat bruto akhir           1.651.559        17.089               13.738        1.682.386      Ending gross carrying amount




                                                              51
Page 341
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                          As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                   and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                             unless otherwise stated)


5.   PIUTANG SEWA PEMBIAYAAN (lanjutan)                             5.     FINANCE LEASE RECEIVABLES (continued)

     Analisis atas perubahan dalam nilai tercatat bruto                    An analysis of change in the gross carrying
     dan cadangan atas kerugian kredit ekspektasian                        amount and the corresponding expected credit
     terkait piutang sewa pembiayaan adalah sebagai                        loss allowances of finance lease receivables are
     berikut (lanjutan):                                                   as follows (continued):
                                                           31 Desember/
                                                         December 31, 2022

                                        Tahap 1/      Tahap 2/       Tahap 3/
                                        Stage 1       Stage 2        Stage 3               Total

     Nilai tercatat bruto awal             720.003        12.183               143          732.329     Beginning gross carrying amount
     Dipindahkan ke tahap 1                  2.221        (2.221)                -                 -                 Transfer to stage 1
     Dipindahkan ke tahap 2                 (1.395)        1.395                 -                 -                 Transfer to stage 2
     Dipindahkan ke tahap 3                 (1.423)            -             1.423                 -                 Transfer to stage 3
     Aset baru                             746.711        12.704                 -          759.415               New assets originated
     Perubahan neto                       (289.952)        1.268             2.363         (286.321)                         Net change

     Aset dihentikan pengakuannya                                                                                   Assets derecognized
        selain karena penghapusbukuan     (130.766)       (9.879)            (1.345)       (141.990)               other than write-off
     Penghapusbukuan                              -            -               (849)           (849)                            Write-off

     Nilai tercatat bruto akhir          1.045.399        15.450             1.735        1.062.584     Ending gross carrying amount




                                                           31 Desember/
                                                         December 31, 2023

                                        Tahap 1/      Tahap 2/       Tahap 3/
                                        Stage 1       Stage 2        Stage 3               Total

     Cadangan kerugian atas kerugian                                                                      Beginning expected credit loss
        kredit ekspektasian awal             8.168           467               951            9.586                        allowance
     Dipindahkan ke tahap 1                    263          (263)                -                -                  Transfer to stage 1
     Dipindahkan ke tahap 2                   (130)          130                 -                -                  Transfer to stage 2
     Dipindahkan ke tahap 3                   (191)         (154)              345                -                  Transfer to stage 3
     Aset baru                              10.279         1.147             4.823           16.249               New assets originated
     Perubahan neto                         (7.120)          289             2.867           (3.964)                        Net change
     Aset dihentikan pengakuannya                                                                                  Assets derecognized
        selain karena penghapusbukuan         (525)          (48)            (1.264)          (1.837)             other than write-off
     Penghapusbukuan                             -             -             (3.658)          (3.658)                           Write-off

     Cadangan kerugian atas kerugian                                                                       Ending expected credit loss
       kredit ekspektasian akhir            10.744         1.568             4.064           16.376                      allowance


                                                           31 Desember/
                                                         December 31, 2022

                                        Tahap 1/      Tahap 2/       Tahap 3/
                                        Stage 1       Stage 2        Stage 3               Total

     Cadangan kerugian atas kerugian                                                                      Beginning expected credit loss
        kredit ekspektasian awal             1.487          268                 28            1.783                       allowance
     Dipindahkan ke tahap 1                     10          (10)                 -                -                  Transfer to stage 1
     Dipindahkan ke tahap 2                     (2)           2                  -                -                  Transfer to stage 2
     Dipindahkan ke tahap 3                     (5)            -                 5                -                  Transfer to stage 3
     Aset baru                               7.967          412                  -            8.379               New assets originated
     Perubahan neto                         (1.181)          52              3.227            2.098                         Net change

     Aset dihentikan pengakuannya                                                                                   Assets derecognized
        selain karena penghapusbukuan         (108)         (257)            (1.460)          (1.825)              other than write-off
     Penghapusbukuan                              -             -              (849)            (849)                           Write-off

     Cadangan kerugian atas kerugian                                                                       Ending expected credit loss
      kredit ekspektasian akhir              8.168          467                951            9.586                      allowance


     Manajemen berkeyakinan bahwa cadangan atas                            Management believes that the above allowance
     kerugian penurunan nilai piutang sewa pembiayaan                      for impairment losses on finance lease receivables
     di atas dapat mencukupi untuk menutup kerugian                        is sufficient to cover losses from impairment of
     atas penurunan nilai piutang tersebut.                                such receivables.

                                                             52
Page 342
                                                                               The original financial statements included herein are in the
                                                                                                                     Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                                PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                                As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                         and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                            (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                                   unless otherwise stated)


5.   PIUTANG SEWA PEMBIAYAAN (lanjutan)                                   5.     FINANCE LEASE RECEIVABLES (continued)

     Perusahaan telah melakukan restrukturisasi                                  The Company has restructured it’s financing for
     pembiayaan untuk debitur yang terkena dampak                                debtors affected by the Covid-19 pandemic by
     pandemi Covid-19 yaitu perpanjangan jangka                                  extensions of credit terms and/or reduction of
     waktu dan/atau penurunan tingkat bunga sesuai                               interest rates in accordance with POJK
     dengan POJK No. 14/POJK.05/2020 “Kebijakan                                  No. 14/POJK.05/2020 "Countercyclical Policy
     Countercyclical Dampak Penyebaran Coronavirus                               Impact of the Spread of Coronavirus Disease
     Disease 2019 bagi Lembaga Jasa Keuangan Non-                                2019 for Non-Bank Financial Services Institutions"
     Bank” tanggal 17 April 2020. Sesuai dengan                                  dated April 17, 2020. Based on the
     kebijakan tersebut, kualitas aset pembiayaan pada                           aforementioned regulation, the restructured
     saat direstrukturisasi ditetapkan lancar.                                   financing asset quality is classified as current at
                                                                                 restructuring date.

                                                  31 Desember/            31 Desember/
                                                December 31, 2023       December 31, 2022

     Kredit yang direstrukturisasi                             2.543                   13.593                          Restructured loans
     Dikurangi:                                                                                                                     Less:
     Cadangan kerugian penurunan nilai                            (1)                        (8)          Allowance for impairment losses

     Saldo akhir                                               2.542                   13.585                             Ending balance



6.   PIUTANG PEMBIAYAAN KONSUMEN                                          6.     CONSUMER FINANCING RECEIVABLES

                                                  31 Desember/            31 Desember/
                                                December 31, 2023       December 31, 2022

     Pihak berelasi (Catatan 31)                                                                               Related party (Note 31)
       Piutang pembiayaan konsumen                            16.887                   14.597          Consumer financing receivables
       Pendapatan pembiayaan konsumen                                                                   Unearned consumer financing
         belum diakui                                         (3.048)                   (2.707)                             income

     Total pihak berelasi                                     13.839                   11.890                          Total related party

     Pihak ketiga                                                                                                          Third parties
       Piutang pembiayaan konsumen                       7.744.158                 7.683.625           Consumer financing receivables
       Pendapatan pembiayaan konsumen                                                                            Unearned consumer
         belum diakui                                     (797.531)                  (772.633)                    financing income

     Total pihak ketiga                                  6.946.627                 6.910.992                           Total third parties

     Pendapatan ditangguhkan                              (928.697)                  (878.507)                            Deferred income

     Total piutang pembiayaan konsumen                   6.031.769                 6.044.375       Total consumer financing receivables
     Cadangan kerugian penurunan nilai                     (43.168)                    (41.691)           Allowance for impairment losses

     Piutang pembiayaan-neto                             5.988.601                 6.002.684         Consumer financing receivable-net


                                            Tahun yang berakhir pada tanggal 31 Desember/
                                                      Year ended December 31,

                                                       2023                     2022
     Tingkat suku bunga efektif rata-rata                                                                        Annual average effective
        per tahun                                             7,57%                  7,98%                                 interest rate

     Total piutang pembiayaan konsumen-bruto yang                               As of December 31, 2023 and 2022, total
     dikelola    Perusahaan    pada   tanggal-tanggal                           consumer financing receivables-gross managed by
     31 Desember 2023 dan 2022, termasuk piutang                                the Company, include consumer financing
     pembiayaan yang dibiayai oleh pihak lain dalam                             receivables financed by other parties under joint
     perjanjian pembiayaan bersama (Catatan 36).                                financing arrangement (Note 36).


                                                                  53
Page 343
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                   As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                            and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                      unless otherwise stated)


6.   PIUTANG PEMBIAYAAN KONSUMEN (lanjutan)                  6.     CONSUMER            FINANCING           RECEIVABLES
                                                                    (continued)
     Pengelompokan piutang yang akan diterima dari                 Classification of receivables which will be collected
     konsumen menurut periode jatuh tempo angsuran                 from consumers in accordance with installment due
     adalah sebagai berikut:                                       period are as follows:

                                         31 Desember/        31 Desember/
                                       December 31, 2023   December 31, 2022

     Pihak berelasi                                                                                           Related party
       Dalam 1 tahun                               4.862                   4.445                             Within 1 year
       Diatas 1 - 2 tahun                          4.448                   3.409                     More than 1 - 2 years
       Diatas 2 - 3 tahun                          4.102                   2.979                     More than 2 - 3 years
       Diatas 3 tahun                              3.475                   3.764                       More than 3 years

     Sub-total                                    16.887                  14.597                                    Sub-total


     Pihak ketiga                                                                                              Third parties
       Telah jatuh tempo                         472.768                412.746                                  Past due
       Dalam 1 tahun                           3.375.105              3.328.050                              Within 1 year
       Diatas 1 - 2 tahun                      2.084.302              2.202.166                      More than 1 - 2 years
       Diatas 2 - 3 tahun                      1.103.006              1.112.974                      More than 2 - 3 years
       Diatas 3 tahun                            708.977                627.689                        More than 3 years

     Sub-total                                 7.744.158              7.683.625                                     Sub-total

     Piutang pembiayaan                                                                                Consumer financing
       konsumen-bruto                          7.761.045              7.698.222                        receivables-gross


     Pengelompokan piutang pembiayaan konsumen-                     Classification of consumer financing receivables-
     bruto menurut hari tunggakan sebagai berikut:                  gross based on overdue days are as follows:
                                         31 Desember/        31 Desember/
                                       December 31, 2023   December 31, 2022

     Lancar                                    7.288.277              7.285.476                                      Current
     1-30 hari                                   342.543                316.567                                    1-30 days
     31-60 hari                                   79.963                 65.651                                   31-60 days
     61-90 hari                                   21.500                 11.626                                   61-90 days
     >90 hari                                     28.762                 18.902                                     >90 days

     Total piutang pembiayaan                                                                    Total consumer financing
       konsumen-bruto                          7.761.045              7.698.222                        receivable-gross

     Pada tanggal-tanggal 31 Desember 2023 dan                      As of December 31, 2023 and 2022, all
     2022, seluruh pembiayaan konsumen merupakan                    consumers financing represents interest-bearing
     piutang yang dikenakan bunga yang timbul dari                  receivables arising from financing activities in the
     kegiatan pembiayaan dalam bentuk pinjaman                      form of multi purpose financing and murabahah
     multiguna dan murabahah yang diberikan kepada                  granted to consumers for vehicles financing
     konsumen untuk pembiayaan kendaraan bermotor                   purposes in Rupiah.
     dalam mata uang Rupiah.

     Sebagai jaminan atas pembiayaan konsumen yang                  As collateral to the consumer financing
     diberikan, Perusahaan menerima jaminan dari                    receivables, the Company receives the ownership
     konsumen berupa Bukti Pemilikan Kendaraan                      certificates (“BPKB”) of the financed vehicles.
     Bermotor (“BPKB”) dari kendaraan bermotor yang
     dibiayai.




                                                      54
Page 344
                                                                                       The original financial statements included herein are in the
                                                                                                                             Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                                        PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                                        As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                                 and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                                           unless otherwise stated)


6.   PIUTANG PEMBIAYAAN KONSUMEN (lanjutan)                                       6.     CONSUMER              FINANCING         RECEIVABLES
                                                                                         (continued)

     Perusahaan menggunakan piutang pembiayaan                                           The Company uses consumer financing
     konsumen yang dimiliki sebagai jaminan utang                                        receivables as collateral for bank loans and bonds
     bank dan utang obligasi.                                                            payable.

     Piutang pembiayaan konsumen pada tanggal-                                           Consumer financing receivables as of December
     tanggal   31    Desember      2023    dan  2022                                     31, 2023 and 2022 amounting to Rp1,139,714
     masing-masing      sebesar     Rp1.139.714  dan                                     and Rp898,613 were used as collateral to bank
     Rp898.613 digunakan sebagai jaminan atas utang                                      loans (Note 13), and amounting to Rp823,106 and
     bank (Catatan 13), dan masing-masing sebesar                                        Rp874,610 were used as collateral for bonds
     Rp823.106 dan Rp874.610 digunakan sebagai                                           payable, respectively (Note 16).
     jaminan utang obligasi (Catatan 16).

     Analisis atas perubahan dalam nilai tercatat bruto                                  An analysis of change in the gross carrying
     dan cadangan atas kerugian kredit ekspektasian                                      amount and the corresponding expected credit
     terkait piutang pembiayaan konsumen adalah                                          loss allowances of consumer financing receivables
     sebagai berikut:                                                                    are as follows:

                                                                    31 Desember/
                                                                  December 31, 2023


                                        Tahap 1/       Tahap 2/        Tahap 3/
                                        Tahap 1        Stage 2         Stage 3         Murabahah       Total


     Nilai tercatat bruto awal            5.273.813        518.522           15.194        236.846      6.044.375     Beginning gross carrying amount
     Dipindahkan ke tahap 1                 350.262      (349.709)            (553)               -             -                  Transfer to stage 1
     Dipindahkan ke tahap 2                 (82.030)        82.122              (92)              -             -                  Transfer to stage 2
     Dipindahkan ke tahap 3                 (12.341)        (6.561)          18.902               -             -                  Transfer to stage 3
     Aset baru                            2.734.298         74.557            6.283        269.954      3.085.092               New assets originated
     Perubahan neto                     (1.877.263)       (26.367)           59.736        (64.772)   (1.908.666)                         Net change
     Aset dihentikan pengakuannya         (942.003)      (137.716)         (15.891)        (30.681)   (1.126.291)                Assets derecognized
        selain karena penghapusbukuan                                                                                           other than write-off
     Penghapusbukuan                               -               -       (62.387)           (354)     (62.741)                              Write-off

     Nilai tercatat bruto akhir          5.273.813        154.848            21.192         410.993    6.031.769      Ending gross carrying amount


                                                                    31 Desember/
                                                                  December 31, 2022


                                        Tahap 1/       Tahap 2/        Tahap 3/
                                        Tahap 1        Stage 2         Stage 3         Murabahah       Total


     Nilai tercatat bruto awal            4.920.951        741.547           37.602         349.473     6.049.573     Beginning gross carrying amount
     Dipindahkan ke tahap 1                 425.922      (424.243)          (1.679)               -             -                  Transfer to stage 1
     Dipindahkan ke tahap 2                 (77.525)        78.170            (645)               -             -                  Transfer to stage 2
     Dipindahkan ke tahap 3                  (7.445)        (6.553)          13.998               -             -                  Transfer to stage 3
     Aset baru                            2.967.808         48.946            4.685         148.897     3.170.336               New assets originated
     Perubahan neto                     (2.183.347)        340.226           56.860        (70.912)   (1.857.173)                         Net change
     Aset dihentikan pengakuannya         (772.551)      (259.571)         (15.778)       (216.973)   (1.264.873)                Assets derecognized
        selain karena penghapusbukuan                                                                                           other than write-off
     Penghapusbukuan                               -               -       (52.849)           (639)     (53.488)                              Write-off

     Nilai tercatat bruto akhir          5.273.813        518.522            42.194         209.846    6.044.375      Ending gross carrying amount




                                                                        55
Page 345
                                                                                       The original financial statements included herein are in the
                                                                                                                             Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                                        PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                                        As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                                 and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                                           unless otherwise stated)


6.   PIUTANG PEMBIAYAAN KONSUMEN (lanjutan)                                       6.     CONSUMER              FINANCING         RECEIVABLES
                                                                                         (continued)
     Analisis atas perubahan dalam nilai tercatat bruto                                  An analysis of change in the gross carrying
     dan cadangan atas kerugian kredit ekspektasian                                      amount and the corresponding expected credit
     terkait piutang pembiayaan konsumen adalah                                          loss allowances of consumer financing receivables
     sebagai berikut:                                                                    are as follows:

                                                                    31 Desember/
                                                                  December 31, 2023


                                        Tahap 1/       Tahap 2/        Tahap 3/
                                        Tahap 1        Stage 2         Stage 3         Murabahah       Total


     Cadangan kerugian atas kerugian                                                                                    Beginning expected credit loss
        kredit ekspektasian awal             23.572        11.809             4.920          1.390        41.691                         allowance
     Dipindahkan ke tahap 1                   4.865        (4.652)            (213)              -             -                   Transfer to stage 1
     Dipindahkan ke tahap 2                   (674)            700              (26)             -             -                   Transfer to stage 2
     Dipindahkan ke tahap 3                   (147)          (726)              873              -             -                   Transfer to stage 3
     Aset baru                               15.939          7.290            2.337          3.302        28.868                New assets originated
     Perubahan neto                        (21.203)          3.039           85.804          (648)        66.992                          Net change
     Aset dihentikan pengakuannya           (2.190)        (4.522)         (24.720)          (210)      (31.642)                 Assets derecognized
        selain karena penghapusbukuan                                                                                           other than write-off
     Penghapusbukuan                               -               -       (62.387)           (354)     (62.741)                              Write-off

     Cadangan kerugian atas kerugian                                                                                     Ending expected credit loss
       kredit ekspektasian akhir            20.162         12.938            6.558           3.480        43.168                      allowance



                                                                    31 Desember/
                                                                  December 31, 2022


                                        Tahap 1/       Tahap 2/        Tahap 3/
                                        Tahap 1        Stage 2         Stage 3         Murabahah       Total


     Cadangan kerugian atas kerugian                                                                                    Beginning expected credit loss
        kredit ekspektasian awal              8.140        18.189             8.944            947        36.220                         allowance
     Dipindahkan ke tahap 1                   7.102        (6.703)            (399)               -            -                   Transfer to stage 1
     Dipindahkan ke tahap 2                   (437)            603            (166)               -            -                   Transfer to stage 2
     Dipindahkan ke tahap 3                     (74)         (508)              582               -            -                   Transfer to stage 3
     Aset baru                              18.772           5.241            1.903          1.241        27.157                New assets originated
     Perubahan neto                         (9.771)          3.244           89.897            (70)       83.300                          Net change
     Aset dihentikan pengakuannya             (161)        (8.256)         (42.992)            (89)     (51.498)                 Assets derecognized
        selain karena penghapusbukuan                                                                                           other than write-off
     Penghapusbukuan                               -               -       (52.849)           (639)     (53.488)                              Write-off

     Cadangan kerugian atas kerugian                                                                                     Ending expected credit loss
       kredit ekspektasian akhir            23.571         11.810            4.920           1.390        41.691                      allowance


     Pada tanggal-tanggal 31 Desember 2023 dan 2022,                                     As of December 31, 2023 and 2022, all consumer
     seluruh piutang pembiayaan konsumen yang                                            financing receivables granted to consumers were
     diberikan kepada konsumen dinilai secara kolektif                                   collectively assessed for impairment.
     penurunan nilainya.
     Manajemen berkeyakinan bahwa cadangan atas                                          Management believes that the above allowance
     penurunan nilai piutang pembiayaan konsumen di                                      for impairment losses on consumer financing
     atas dapat mencukupi untuk menutup kerugian                                         receivables is sufficient to cover losses from
     atas penurunan nilai piutang tersebut.                                              impairment of such receivables.




                                                                        56
Page 346
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                          As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                   and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                             unless otherwise stated)


6.   PIUTANG PEMBIAYAAN KONSUMEN (lanjutan)                         6.     CONSUMER            FINANCING           RECEIVABLES
                                                                           (continued)
     Perusahaan telah melakukan restrukturisasi                            The Company has restructured it’s financing for
     pembiayaan untuk debitur yang terkena dampak                          debtors affected by the Covid-19 pandemic by
     pandemi Covid-19 yaitu perpanjangan jangka                            extensions of credit terms and/or reduction of
     waktu dan/atau penurunan tingkat bunga sesuai                         interest rates in accordance with POJK
     dengan POJK No. 14/POJK.05/2020 “Kebijakan                            No. 14/POJK.05/2020 "Countercyclical Policy
     Countercyclical Dampak Penyebaran Coronavirus                         Impact of the Spread of Coronavirus Disease
     Disease 2019 bagi Lembaga Jasa Keuangan Non-                          2019 for Non-Bank Financial Services Institutions"
     Bank” tanggal 17 April 2020. Sesuai dengan                            dated April 17, 2020. Based on the
     kebijakan tersebut, kualitas aset pembiayaan pada                     aforementioned regulation, the restructured
     saat direstrukturisasi ditetapkan lancar.                             financing asset quality is classified as current at
                                                                           restructuring date.

                                            31 Desember/            31 Desember/
                                          December 31, 2023       December 31, 2022

     Kredit yang direstrukturisasi                    87.000                   282.520                            Restructured loans
     Dikurangi:                                                                                                                Less:
     Cadangan kerugian                                                                                                    Allowance
       penurunan nilai                                (1.255)                     (4.182)                   for impairment losses

     Saldo akhir                                      85.745                   278.338                              Ending balance



7.   PIUTANG LAIN-LAIN                                              7.     OTHER RECEIVABLES

                                            31 Desember/            31 Desember/
                                          December 31, 2023       December 31, 2022

     Pihak ketiga                                                                                                     Third parties
       Piutang karyawan                                5.797                      5.301                   Employee receivables
       Piutang premi asuransi                          3.179                      3.536         Insurance premiums receivables
       Piutang ijarah                                     68                         58                       Ijarah receivables

       Sub-total                                       9.044                      8.895                                 Sub-total

     Total piutang lain-lain                           9.044                      8.895                    Total other receivables

     Cadangan kerugian penurunan nilai                     (37)                     (67)           Allowance for impairment losses

     Piutang lain-lain-neto                            9.007                      8.828                      Other receivables-net



     Manajemen Perusahaan berkeyakinan bahwa                               The Company’s management believes that the
     jumlah cadangan kerugian penurunan nilai di atas                      above allowance for impairment losses is
     adalah memadai untuk menutup kemungkinan                              adequate to cover possible losses that may arise
     kerugian yang timbul dari tidak tertagihnya piutang                   from uncollectible other receivables.
     lain-lain.




                                                             57
Page 347
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                        As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                 and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                           unless otherwise stated)


8.   ASET DIPEROLEH UNTUK IJARAH                                  8.     ASSETS ACQUIRED FOR IJARAH

                                                        31 Desember/
                                                      December 31, 2023

                                    Saldo Awal/                                      Saldo Akhir/
                                     Beginning    Penambahan/     Pengurangan/         Ending
                                      Balance       Additions      Deductions          Balance

     Biaya Perolehan                                                                                                           Cost
     Kendaraan bermotor                   5.214           1.467             (815)           5.866                      Motor vehicles

     Total Biaya Perolehan                5.214           1.467             (815)           5.866                          Total Cost

     Akumulasi Penyusutan                                                                                 Accumulated Depreciation
       Kendaraan bermotor                 1.199           2.743             (815)           3.127                  Motor vehicles

                                                                                                                   Total Accumulated
     Total Akumulasi Penyusutan           1.199           2.743             (815)           3.127                     Depreciation

     Total Tercatat                       4.015                                             2.739                  Carrying Amount



                                                        31 Desember/
                                                      December 31, 2022

                                    Saldo Awal/                                      Saldo Akhir/
                                     Beginning    Penambahan/     Pengurangan/         Ending
                                      Balance       Additions      Deductions          Balance

     Biaya Perolehan                                                                                                            Cost
        Kendaraan bermotor                1.273           4.213             (272)           5.214                   Motor vehicles

     Total Biaya Perolehan                1.273           4.213             (272)           5.214                          Total Cost

     Akumulasi Penyusutan                                                                                 Accumulated Depreciation
       Kendaraan bermotor                   561            910              (272)           1.199                  Motor vehicles

                                                                                                                   Total Accumulated
     Total Akumulasi Penyusutan             561            910              (272)           1.199                     Depreciation

     Total Tercatat                         712                                             4.015                  Carrying Amount


     Beban penyusutan untuk tahun yang berakhir pada                     Depreciation charged to operation for the year
     tanggal-tanggal    31   Desember      2023    dan                   ended December 31, 2023 and 2022 amounting
     2022 masing-masing sebesar Rp2.743 dan Rp910                        to Rp2.743 and Rp910, respectively were
     diakui sebagai bagian dari pendapatan sewa ijarah-                  recorded as part of income from ijarah rent-net at
     neto pada laporan laba rugi dan penghasilan                         statement of profit or loss and other
     komprehensif lain.                                                  comprehensive income.

9.   INVESTASI SAHAM                                              9.     INVESTMENT IN SHARES

     Berdasarkan Akta Pemindahan Hak Atas Saham                          Based on Deed of Transfer Right of Shares
     No. 16 tanggal 12 Januari 2018 dari Notaris Jose                    No. 16 dated January 12, 2018 of Notary Jose
     Dima Satria, S.H., M.Kn., Perusahaan membeli                        Dima Satria, S.H., M.Kn., the Company
     saham PT Maybank Sekuritas Indonesia                                purchased PT Buana Adhitutama’s shares of
     (sebelumnya PT Maybank Kim Eng Sekuritas) milik                     PT Maybank Sekuritas Indonesia (formerly
     PT Buana Adhiutama sebanyak 7.500.000 lembar                        PT Maybank Kim Eng Sekuritas) of 7,500,000
     saham (dalam nilai penuh) dengan nilai nominal                      shares (in full amount) with total nominal amount
     per saham seluruhnya sebesar Rp7.500 yang                           Rp7,500 which represents 15% of ownership of
     mewakili 15% kepemilikan atas modal yang                            issued     and     fully    paid     capital   of
     ditempatkan dan disetor penuh pada PT Maybank                       PT Maybank Sekuritas Indonesia (formerly
     Sekuritas Indonesia (sebelumnya PT Maybank Kim                      PT Maybank Kim Eng Sekuritas) with total
     Eng Sekuritas) dengan harga pembelian sebesar                       purchase price amounted to Rp107,004. This
     Rp107.004. Pembelian saham ini juga telah                           purchase of shares has been stated in the
     dinyatakan    dalam     Pernyataan   Keputusan                      Declaration of Shareholders Resolution of
     Pemegang Saham PT Maybank Sekuritas                                 PT Maybank Sekuritas Indonesia (formerly


                                                           58
Page 348
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                      As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                               and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                         unless otherwise stated)


9.   INVESTASI SAHAM (lanjutan)                                 9.     INVESTMENT IN SHARES (continued)

     Indonesia (sebelumnya PT Maybank Kim Eng                          PT Maybank Kim Eng Sekuritas) which has been
     Sekuritas) yang telah diaktakan dengan Akta                       notarized by Deed No. 15 dated January 12,
     Notaris No. 15 tanggal 12 Januari 2018 dari Notaris               2018 of Notary Jose Dima Satria, S.H., M.Kn and
     Jose Dima Satria, S.H., M.Kn. dan telah dicatat dan               have been acknowledge by the Ministry of Laws
     diterima oleh Menteri Hukum dan Hak Asasi                         and Human Rights of the Republic of Indonesia
     Manusia Republik Indonesia melalui suratnya                       No. AHU-AH.01.03-0016804 dated January 15,
     No. AHU-AH.01.03-0016804 tanggal 15 Januari                       2018.).
     2018.

     Berdasarkan akta keputusan Pemegang Saham                         Based on Shareholders decision Act No. 125
     No. 125 Tanggal 19 November 2018 dari Notaris                     dated November 19, 2018 notarized by Jose
     Jose       Dima       Satria,   S.H.,    M.Kn.                    Dima Satria, S.H., M.Kn, PT Maybank Indonesia
     PT Maybank Indonesia Finance membeli tambahan                     Finance purchased additional 52,500,000 shares
     52.500.000 lembar saham senilai Rp52.500 untuk                    amounted to Rp52,500 in order to maintain 15%
     mempertahankan 15% kepemilikan PT Maybank                         ownership of PT Maybank Sekuritas Indonesia
     Sekuritas Indonesia (sebelumnya PT Maybank Kim                    (formerly PT Maybank Kim Eng Sekuritas).
     Eng Sekuritas).

     Berdasarkan surat No. 025-DIR/MSID-CS/V/2022                      Based on letter No. 025-DIR/MSID-CS/V/2022
     tanggal 24 Mei 2022 dan surat No. 033-DIR/MSID-                   dated May 24, 2022 and letter No. 033-
     CS/VIII/2022 tanggal 1 Agustus 2022 tentang                       DIR/MSID-CS/VIII/2022 dated August 1, 2022
     Pemberitahuan Pembagian dan Pembayaran                            regarding Notification on Distribution and
     Dividen Interim Tahun 2022, PT Maybank                            Payment of Interim Dividend Year 2022,
     Sekuritas Indonesia (sebelumnya PT Maybank Kim                    PT Maybank Sekuritas Indonesia (formerly
     Eng Sekuritas) telah membagikan dan membayar                      PT Maybank Kim Eng Sekuritas) has been
     dividen untuk tahun buku 2022 berdasarkan laba                    distributed and paid dividend for the year 2022
     bersih paruh buku kedua 2021 sebesar Rp7.785                      based on net profit in second semester of 2021
     serta paruh buku pertama 2022 sebesar Rp8.715.                    amounted to Rp7,785 and first semester of 2022
     Dividen tersebut masing-masing telah diterima                     amounted to Rp8,715. The dividend has been
     pada      tanggal     3    Juni      2022   dan                   received on June 3, 2022 and August 5, 2022,
     5 Agustus 2022 dan dicatat sebagai bagian dari                    respectively, and recorded as part of other
     pendapatan lain-lain pada laporan laba rugi dan                   income on the statement of profit or loss and
     penghasilan komprehensif lain (Catatan 25).                       other comprehensive income (Note 25).

     Berdasarkan surat No. 025-DIR/MSID-CS/V/2023                      Based on letter No. 025-DIR/MSID-CS/V/2023
     tanggal 31 Mei 2023 tentang Pemberitahuan                         dated May 31, 2023 regarding Notification on
     Pembagian dan Pembayaran Dividen Interim                          Distribution and Payment of Interim Dividend
     Tahun 2022, PT Maybank Sekuritas Indonesia                        Year 2022, PT Maybank Sekuritas Indonesia
     (sebelumnya PT Maybank Kim Eng Sekuritas)                         (formerly PT Maybank Kim Eng Sekuritas) has
     telah membagikan dan membayar dividen untuk                       been distributed and paid dividend for the year
     tahun buku 2022 berdasarkan laba bersih paruh                     2022 based on net profit in second semester of
     buku kedua 2022 sebesar Rp11.010. Dividen                         2022 amounted to Rp11,010.The dividend has
     tersebut telah diterima pada tanggal 14 Juni 2023                 been received on June 14, 2023 and recorded as
     dan dicatat sebagai bagian dari pendapatan lain-                  part of other income on the statement of profit or
     lain pada laporan laba rugi dan penghasilan                       loss and other comprehensive income (Note 25).
     komprehensif lain (Catatan 25).

     Opsi jual                                                         Sell Option

     Perusahaan berhak (namun tidak berkewajiban)                      The Company has a right (but not obligation) to
     untuk mensyaratkan Maybank Kim Eng Holding                        require Maybank Kim Eng Holding Limited or its
     Limited atau Perusahaan berelasi yang termasuk                    related parties in Maybank Kim Eng Group,
     dalam Grup Maybank Kim Eng, selama periode                        during the option period (between April 25, 2019 -
     Opsi (antara 25 April 2019 - 24 April 2024), untuk                April 24, 2024), to purchase PT Maybank
     membeli saham PT Maybank Sekuritas Indonesia                      Sekuritas Indonesia’s (formerly PT Maybank Kim
     (sebelumnya PT Maybank Kim Eng Sekuritas)                         Eng Sekuritas) shares owned by the Company at
     yang dimiliki Perusahaan pada harga pembelian.                    a purchase price.



                                                           59
Page 349
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                            unless otherwise stated)


9.   INVESTASI SAHAM (lanjutan)                                    9.     INVESTMENT IN SHARES (continued)

     Pada tanggal 9 Januari 2024, Perusahaan                              On January 9, 2024, the Company obtained
     mendapatkan perpanjangan surat Opsi untuk                            Obtain extension letter to sell Investment in
     menjual investasi Saham PT Maybank Sekuritas                         Shares of PT Maybank Sekuritas Indonesia at a
     Indonesia pada harga pembelian kepada Maybank                        purchase price to Maybank Kim Eng Holding
     Kim Eng Holding Limited atau Perusahaan berelasi                     Limited or its related parties in Maybank Kim Eng
     yang termasuk dalam Grup Maybank Kim Eng                             Group, during the option period (between April
     selama periode perpanjangan Opsi (antara 25 April                    25, 2024 - April 24, 2029)
     2024 - 24 April 2029).

10. BEBAN DIBAYAR DIMUKA DAN UANG MUKA                             10. PREPAID            EXPENSES           AND        ADVANCE
                                                                       PAYMENT
                                           31 Desember/            31 Desember/
                                         December 31, 2023       December 31, 2022

     Pemeliharaan sistem                              4.430                      4.720                       Software maintenance
     Renovasi gedung                                  2.067                      2.477                          Building renovation
     Uang muka                                          686                        109                           Advance payment
     Sewa rumah                                         199                        199                                 House rental
     Sewa gedung                                          -                         17                               Building rental
     Lain-lain                                          832                      1.211                                       Others

     Total                                            8.214                      8.733                                         Total


11. ASET TETAP DAN ASET HAK GUNA                                   11. FIXED ASSETS AND RIGHT-OF-USE ASSETS
                                           31 Desember/            31 Desember/
                                         December 31, 2023       December 31, 2022

     Aset tetap - neto                              42.085                      42.769                           Fixed assets - net
     Aset hak guna - neto                            9.289                       8.667                    Right-of-use assets - net

     Total                                          51.374                      51.436                                         Total


     Aset tetap                                                           Fixed assets

                                                       31 Desember/
                                                     December 31, 2023

                                   Saldo Awal/                                        Saldo Akhir/
                                    Beginning    Penambahan/      Pengurangan/          Ending
                                     Balance       Additions       Deductions           Balance

     Biaya Perolehan                                                                                                              Cost
     Kepemilikan langsung:                                                                                           Direct ownership:
      Bangunan                          47.454               -                    -         47.454                         Buildings
      Prasarana gedung                   8.870               3                    -          8.873            Building improvement
      Peralatan kantor                   7.468             318                (225)          7.561                 Office equipment
      Komputer dan elektronik           27.539           3.978              (1.182)         30.335          Computer and electronic
      Inventaris kantor                  5.717              57                 (75)          5.699             Furniture and fixture
      Kendaraan bermotor                10.466           2.215              (1.068)         11.613                   Motor vehicles

     Total Biaya Perolehan             107.514           6.571              (2.550)        111.535                         Total Cost

     Akumulasi Penyusutan                                                                                  Accumulated Depreciation
     Kepemilikan langsung:                                                                                           Direct ownership:
      Bangunan                          16.526           2.373                    -         18.899                         Buildings
      Prasarana gedung                   7.275             524                    -          7.799            Building improvement
      Peralatan kantor                   6.383             438                (224)          6.597                 Office equipment
      Komputer dan elektronik           23.907           1.766              (1.154)         24.519          Computer and electronic
      Inventaris kantor                  5.399             152                 (77)          5.474             Furniture and fixture
      Kendaraan bermotor                 5.255           1.634                (727)          6.162                   Motor vehicles

     Total Akumulasi Penyusutan         64.745           6.887              (2.182)         69.450     Total Accumulated Depreciation

     Jumlah Tercatat                    42.769                                              42.085                  Carrying Amount



                                                          60
Page 350
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                            unless otherwise stated)


11. ASET TETAP DAN ASET HAK GUNA (lanjutan)                      11. FIXED ASSETS AND RIGHT-OF-USE ASSETS
                                                                     (Continued)
   Aset tetap (lanjutan)                                              Fixed assets (continued)

                                                         31 Desember/
                                                       December 31, 2022

                                  Saldo Awal/                                          Saldo Akhir/
                                   Beginning    Penambahan/      Pengurangan/            Ending
                                    Balance       Additions       Deductions             Balance

    Biaya Perolehan                                                                                                             Cost
    Kepemilikan langsung:                                                                                          Direct ownership:
     Bangunan                          47.454                -                   -           47.454                      Buildings
     Prasarana gedung                   8.817               53                   -            8.870         Building improvement
     Peralatan kantor                   7.141              363                (36)            7.468              Office equipment
     Komputer dan elektronik           26.885              763               (109)           27.539       Computer and electronic
     Inventaris kantor                  5.692               48                (23)            5.717          Furniture and fixture
     Kendaraan bermotor                10.292            1.767             (1.593)           10.466                Motor vehicles

    Total Biaya Perolehan             106.281            2.994             (1.761)          107.514                       Total Cost

    Akumulasi Penyusutan                                                                                 Accumulated Depreciation
    Kepemilikan langsung:                                                                                          Direct ownership:
     Bangunan                          14.153            2.373                   -           16.526                      Buildings
     Prasarana gedung                   6.756              519                   -            7.275         Building improvement
     Peralatan kantor                   5.888              530                (35)            6.383              Office equipment
     Komputer dan elektronik           22.515            1.500               (108)           23.907       Computer and electronic
     Inventaris kantor                  5.238              186                (25)            5.399          Furniture and fixture
     Kendaraan bermotor                 4.788            1.491             (1.024)            5.255                Motor vehicles

    Total Akumulasi Penyusutan         59.338            6.599             (1.192)           64.745   Total Accumulated Depreciation

    Jumlah Tercatat                    46.943                                                42.769               Carrying Amount



   Rincian dari laba atas penjualan aset tetap adalah                 The details of gain on sale of fixed assets are as
   sebagai berikut:                                                   follows:

                                   Tahun yang berakhir pada tanggal 31 Desember/
                                             Year ended December 31,

                                                2023                 2022
   Harga jual                                            504                    689                                   Selling price
   Nilai buku                                           (368)                  (569)                                   Book value

   Laba penjualan                                                                                               Gain on sale of
     aset tetap (Catatan 25)                            136                     120                     fixed assets (Note 25)


   Beban penyusutan untuk tahun yang berakhir pada                    Depreciation charged to operation for the year
   tanggal-tanggal 31 Desember 2023 dan 2022                          ended December 31, 2023 and 2022 are
   masing-masing sebesar Rp6.887 dan Rp6.599.                         amounting to Rp6,887 and Rp6,599 respectively.

   Berdasarkan penelaahan penurunan nilai atas aset                   Based on the assessment for impairment of the
   tetap, manajemen Perusahaan berkeyakinan                           fixed assets, the Company’s management
   bahwa    tidak   ada   kejadian-kejadian    atau                   believes that there are no events or changes in
   perubahan-perubahan        keadaan         yang                    circumstances, which may indicate that the
   mengindikasikan bahwa nilai tercatatnya mungkin                    carrying amounts of these assets are not
   tidak dapat terpulihkan pada tanggal-tanggal                       recoverable as of December 31, 2023 and 2022.
   31 Desember 2023 dan 2022.

   Pada tanggal-tanggal 31 Desember 2023 dan                          As of December 31, 2023 and 2022, the
   2022, nilai perolehan dari aset tetap yang telah                   acquisition cost of fixed assets which have been
   disusutkan penuh dan masih digunakan adalah                        fully depreciated and still being used amounted to
   masing-masing sebesar Rp32.444 dan Rp31.153.                       Rp32,444 and Rp31,153 respectively.



                                                           61
Page 351
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                    PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                    As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                             and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                       unless otherwise stated)


11. ASET TETAP DAN ASET HAK GUNA (lanjutan)                   11. FIXED ASSETS AND RIGHT-OF-USE ASSETS
                                                                  (continued)

   Aset tetap Perusahaan pada tanggal-tanggal                     As of December 31, 2023 and December 31 2022,
   31 Desember 2023 dan 31 Desember 2022                          fixed assets of the Company were insured with the
   diasuransikan kepada perusahaan dari pihak                     Company’s related party of PT Asuransi Etiqa
   berelasi yaitu PT Asuransi Etiqa Internasional                 Internasional Indonesia and Company’s third
   Indonesia dan perusahaan-perusahaan asuransi                   parties insurance companies of PT Asuransi
   pihak ketiga, yaitu PT Asuransi Central Asia,                  Central Asia, PT Asuransi Cakrawala Proteksi,
   PT Asuransi Cakrawala Proteksi, PT Asuransi Bina                PT Asuransi Bina Dana Arta Tbk, PT Chubb
   Dana Arta Tbk, PT Chubb General Insurance                      General Insurance Indonesia, PT         Asuransi
   Indonesia, PT Asuransi Sinarmas, PT Pan Pacific                Sinarmas, PT Pan Pacific Insurance and
   Insurance dan PT Asuransi Sahabat dengan nilai                 PT Asuransi Sahabat       with sum insured of
   pertanggungan    sebesar    Rp389.913    (2022:                Rp389.913 (2022: Rp391,892).
   Rp391.892).

   Manajemen      berpendapat   bahwa     nilai                   Management believes that the insurance coverage
   pertanggungan tersebut adalah cukup untuk                      is adequate to cover possible losses arising from
   menutup kerugian yang mungkin timbul akibat                    certain risks on the assets insured.
   suatu risiko tertentu terhadap aset yang
   dipertanggungkan.

   Aset hak guna                                                  Right-of-use assets

   Rekonsiliasi kelompok-kelompok utama aset hak-                 The reconciliation of right-of-use assets by major
   guna adalah sebagai berikut:                                   classifications were as follows.

                                                     31 Desember/
                                                   December 31, 2023

                                 Saldo Awal/                                  Saldo Akhir/
                                  Beginning    Penambahan/    Pengurangan/      Ending
                                   Balance       Additions     Deduction        Balance

    Nilai Bruto                                                                                               Gross Amount
       Bangunan                       16.870          3.671              -          20.541                       Buildings

    Total Nilai Bruto                 16.870          3.671              -          20.541                 Total Gross Amount

    Akumulasi Amortisasi                                                                           Accumulated Amortization
      Bangunan                         8.203          3.049              -          11.252                      Buildings

                                                                                                            Total Accumulated
    Total Akumulasi Amortisasi         8.203          3.049              -          11.252                     Amortization

    Nilai Neto                         8.667                                         9.289                       Net Amount



                                                     31 Desember/
                                                   December 31, 2022

                                 Saldo Awal/                                  Saldo Akhir/
                                  Beginning    Penambahan/    Pengurangan/      Ending
                                   Balance       Additions     Deduction        Balance

    Nilai Bruto                                                                                               Gross Amount
       Bangunan                       12.047          4.823              -          16.870                       Buildings

    Total Nilai Bruto                 12.047          4.823              -          16.870                 Total Gross Amount

    Akumulasi Amortisasi                                                                           Accumulated Amortization
      Bangunan                         5.303          2.900              -           8.203                      Buildings

                                                                                                            Total Accumulated
    Total Akumulasi Amortisasi         5.303          2.900              -           8.203                     Amortization

    Nilai Neto                         6.744                                         8.667                       Net Amount




                                                       62
Page 352
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                           PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                           As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                                    and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                       (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                              unless otherwise stated)


12. ASET LAIN-LAIN                                                     12. OTHER ASSETS

                                                31 Desember/           31 Desember/
                                              December 31, 2023      December 31, 2022

   Piutang subsidi                                           5.329                 3.369                        Subsidy receivables
   Setoran jaminan                                             337                   334                           Security deposit
   Lainnya                                                     107                   100                                     Others

   Total Aset Lain-lain                                      5.773                 3.803                        Total Other Assets


13. UTANG BANK                                                         13. BANK LOANS
                                                31 Desember/           31 Desember/
                                              December 31, 2023      December 31, 2022

   Pihak berelasi (Catatan 31)                                                                           Related party (Note 31)
     Rupiah                                                                                                           Rupiah
       PT Bank Maybank Indonesia Tbk                        36.111                66.667     PT Bank Maybank Indonesia Tbk

   Total Pihak Berelasi                                     36.111                66.667                        Total Related Party

   Pihak ketiga                                                                                                       Third parties
     Rupiah                                                                                                               Rupiah
       PT Bank HSBC Indonesia                           700.000                  600.000            PT Bank HSBC Indonesia
       PT Bank Negara Indonesia                                                                   PT Bank Negara Indonesia
          (Persero) Tbk                                 622.222                        -                     (persero) Tbk
       PT Bank Pan Indonesia Tbk                        534.722                  430.556         PT Bank Pan Indonesia Tbk
       PT Bank Victoria International Tbk               300.000                  300.000    PT Bank Victoria International Tbk
       PT Bank DBS Indonesia Tbk                        100.000                  200.000         PT Bank DBS Indonesia Tbk
       PT Bank Hibank Indonesia                         100.000                        -           PT Bank Hibank Indonesia
       PT Bank Mandiri (Persero) Tbk                          -                  200.000       PT Bank Mandiri (Persero) Tbk

   Total Pihak Ketiga                                  2.356.944             1.730.556                          Total Third Parties

   Total Utang Bank                                    2.393.055             1.797.223                           Total Bank Loans


                                            Tahun yang berakhir pada tanggal 31 Desember/
                                                    Year ended December 31,

                                                     2023                 2022
   Tingkat suku bunga efektif rata-rata                                                                    Annual average effective
      per tahun                                                                                                      interest rate
      Rupiah                                                6,16%              6,35%                                      Rupiah


   PT Bank Maybank Indonesia Tbk (MBI)                                        PT Bank Maybank Indonesia Tbk (MBI)

   Pada tanggal 12 Desember 2018, berdasarkan surat                          On December 12, 2018, based on letter
   No. S.2018.130/DIR GLOBAL - FIG, Perusahaan                               No. S.2018.130/DIR GLOBAL - FIG, the
   memperoleh fasilitas kredit Pinjaman Berjangka untuk                      Company obtained Term Loan Credit Facility to
   membiayai kebutuhan modal kerja, yang mencakup                            finance the working capital need which includes
   pembiayaan konsumen kendaraan roda empat yang                             consumer financing of four-wheeled vehicles
   dibatasi hanya untuk merk Jepang. Batas maksimum                          which are limited to Japanese brand. The
   fasilitas sebesar Rp100.000 dan jangka waktu                              maximum facility amount was Rp100,000 and the
   pinjaman maksimum 48 (empat puluh delapan) bulan                          term of loan maximum 48 (fourty eight) months
   sejak penandatanganan perjanjian kredit dengan                            after the agreement date with the loan availability
   periode ketersediaan pinjaman selama 12 (dua belas)                       period 12 (twelve) months. The interest rate is
   bulan. Tingkat suku bunga adalah 9,25% per tahun                          9.25% per annum for maximum tenor 36 (thirty
   untuk tenor pinjaman maksimal 36 (tiga puluh enam)                        six) months.
   bulan.




                                                                63
Page 353
                                                              The original financial statements included herein are in the
                                                                                                    Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                  PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                  As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                           and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                              (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                     unless otherwise stated)


13. UTANG BANK (lanjutan)                                     13. BANK LOANS (continued)

   PT Bank      Maybank     Indonesia   Tbk    (MBI)            PT Bank Maybank Indonesia Tbk (MBI)
   (lanjutan)                                                   (continued)

   Pada tanggal 6 Desember 2021, berdasarkan surat                On December 6, 2021, based on letter
   No. S.2021. 084/DIR GLOBAL - FIG, Perusahaan                   No. S.2021. 084/DIR GLOBAL - FIG, the
   memperoleh fasilitas kredit Pinjaman Berjangka                 Company obtained Term Loan Credit Facility to
   untuk membiayai kebutuhan modal kerja, yang                    finance the working capital need which includes
   mencakup pembiayaan konsumen kendaraan roda                    consumer financing of four-wheeled vehicles
   empat yang dibatasi hanya untuk merk Jepang,                   which are limited to Japanese, Korean, China
   Korea, Cina dan Eropa. Batas maksimum fasilitas                and European brand. The maximum facility
   sebesar Rp100.000 dan jangka waktu pinjaman                    amount was Rp100,000 and the term of loan
   maksimum 48 (empat puluh delapan) bulan sejak                  maximum 48 (fourty eight) months after the
   penandatanganan perjanjian kredit dengan periode               agreement date with the loan availability period
   ketersediaan pinjaman selama 12 (dua belas) bulan.             12 (twelve) months. The interest rate is 5.73%
   Tingkat suku bunga adalah 5,73% per tahun untuk                per annum for maximum tenor 36 (thirty six)
   tenor pinjaman maksimal 36 (tiga puluh enam) bulan.            months.
   Selama periode pinjaman, Perusahaan memiliki                 During the loan period, the Company has to
   kewajiban untuk memenuhi ketentuan dalam                     comply with the terms of the loan agreement
   perjanjian pinjaman diantaranya:                             which includes the following:
   a.   Menjaga kecukupan piutang pembiayaan                    a.    Maintaining consumer financing receivables
        konsumen sebesar 50% dari jumlah fasilitas                    adequacy of 50% of the total amount of the
        pinjaman.                                                     outstanding bank loan.
   b.   Memastikan piutang pembiayaan konsumen                  b.    Maintaining   that   consumer    financing
        yang dijaminkan kepada MBI tidak memiliki                     receivables which are pledged to MBI are
        tunggakan lebih dari 30 hari.                                 not overdue more than 30 days.

   c.   Menjaga gearing ratio (On and Off B/S)                  c.    Maintaining gearing ratio (On and Off B/S) of
        maksimum 8 kali dan NPL Gross (on B/S)                        maximum 8 times and NPL Gross (on B/S)
        maksimum 3%.                                                  of maximum 3%.

   Fasilitas pinjaman ini dijaminkan dengan jaminan             The facilities are secured by fiduciary collateral in
   fidusia berupa piutang pembiayaan konsumen yang              the form of consumer financing receivables given
   diberikan kepada pihak ketiga sebesar 50% dari               to third party of about 50% of total principal
   jumlah utang pokok fasilitas pinjaman (Catatan 6).           amount of bank loan facility (Note 6).

   Pada tanggal 31 Desember 2023, sisa fasilitas                As of December 31, 2023, the unused loan
   pinjaman yang belum digunakan adalah RpNihil.                facility is RpNil.

   PT Bank HSBC Indonesia (HSBC)                                PT Bank HSBC Indonesia (HSBC)
   Pada tanggal 10 Oktober 2017, berdasarkan surat              On October 10, 2017, based on letter
   No.       JAK/000369/U/00388874,       Perusahaan            No. JAK/000369/U/00388874, the Company
   memperoleh perpanjangan dan tambahan limit                   obtained demand loan facility and additional limit
   fasilitas pinjaman promes berulang dengan total              with total facility become Rp1,000,000 with facility
   limit fasilitas menjadi Rp1.000.000 dengan jangka            period of 1 (one) year until October 10, 2018. The
   waktu 1 (satu) tahun hingga 10 Oktober 2018.                 facility agreement shall remain valid until all debt
   Perjanjian pemberian fasilitas tetap berlaku pada            has fully discharged. The interest rate is 6.10%
   perusahaan       hingga   seluruh   hutang   telah           per annum for maximum tenor 3 (three) months.
   dinyatakan lunas. Tingkat suku bunga adalah
   6,10% per tahun untuk tenor pinjaman 3 (tiga)
   bulan.




                                                         64
Page 354
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                      As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                               and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                         unless otherwise stated)


13. UTANG BANK (lanjutan)                                       13. BANK LOANS (continued)
   PT Bank HSBC Indonesia (HSBC) (lanjutan)                         PT Bank HSBC Indonesia (HSBC) (continued)
   Sampai dengan tanggal penyelesaian laporan                       Until the completion date of the financial
   keuangan, perpanjangan fasilitas pinjaman promes                 statements, the extension of demand loan facilty
   berulang dari HSBC masih dalam proses.                           from HSBC is still on process.
   Selama periode pinjaman, Perusahaan memiliki                     During the loan period, the Company has to
   kewajiban untuk memenuhi ketentuan dalam                         comply with the terms of the loan agreement
   perjanjian pinjaman diantaranya:                                 which include the following:
   a.   Piutang yang dijaminkan adalah piutang lancar               a.    The receivables pledged are classified as
        yang tidak memiliki tunggakan bunga dan/atau                      current receivable which has no overdue of
        angsuran pokok lebih dari 90 (sembilan puluh)                     more than 90 (ninety) days.
        hari.
   b.   Menjaga agar PT Bank Maybank Indonesia                      b.    Maintaining the composition of Company’s
        Tbk tetap menjadi pemegang saham minimal                          shareholders whereby PT Bank Maybank
        90% dari jumlah modal disetor dan                                 Indonesia Tbk holds Company’s share
        ditempatkan.                                                      ownership at least 90% of issued and paid
                                                                          up capital.
   Fasilitas pinjaman ini dijamin dengan jaminan fidusia             The loan facility is secured by fiduciary collateral
   berupa piutang pembiayaan konsumen yang                           in the form of consumer finance receivables
   diberikan kepada pihak ketiga sebesar 50% dari                    given to the third parties at 50% of total principal
   jumlah utang pokok fasilitas pinjaman untuk fasilitas             amount of the bank loan facility for demand loan
   pinjaman promes berulang (Catatan 6).                             (Note 6).

   Pada tanggal 31 Desember 2023, sisa fasilitas                   As of December 31, 2023, the unused loan
   pinjaman yang belum digunakan adalah                            facility is Rp300.000.
   Rp300.000.


   PT Bank Negara Indonesia (Persero) Tbk (Bank                     PT Bank Negara Indonesia (Persero) Tbk
   BNI)                                                             (Bank BNI)

   Berdasarkan surat No. INT/07/0329/R tanggal                      Based on letter No. INT/07/0329/R dated August
   18 Agustus 2023, Perusahaan memperoleh                           18, 2023, the Company obtained Working Capital
   Fasilitas Kredit Modal Kerja pembiayaan piutang                  Credit Facility to finance the working capital need
   kepada end user untuk pembelian kendaraan                        for end user which includes consumer financing
   bermotor roda empat khusus passenger kondisi                     of four-wheeled vehicles which are limited to
   baru buatan Jepang, Eropa dan Korea (khusus                      Japanese, European and Korean (Hyundai brand
   Hyundai) sebesar Rp700.000 dan jangka waktu                      only) brand with amount Rp700,000 and the term
   pinjaman maksimum 48 (empat puluh delapan)                       of loan maximum 48 (fourty eight) months after
   bulan sejak penandatanganan perjanjian kredit                    the agreement date with the loan availability
   dengan periode ketersediaan pinjaman selama 12                   period 12 (twelve) months.
   (dua belas) bulan.

   Tingkat suku bunga adalah 6,00% per tahun untuk                  The interest rate is 6.00% per annum for
   tenor pinjaman maksimal 36 (tiga puluh enam)                     maximum tenor 36 (thirty six) months.
   bulan.




                                                           65
Page 355
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                      As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                               and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                         unless otherwise stated)


13. UTANG BANK (lanjutan)                                       13. BANK LOANS (continued)
   PT Bank Negara Indonesia (Persero) Tbk (Bank                     PT Bank Negara Indonesia (Persero) Tbk
   BNI) (lanjutan)                                                  (Bank BNI) (continued)

   Selama periode pinjaman, Perusahaan memiliki                     During the loan period, the Company has to
   kewajiban untuk memenuhi ketentuan dalam                         comply with the terms of the loan agreement
   perjanjian pinjaman diantaranya:                                 which includes the following:

   a.   Menjaga gearing ratio maksimal 8 (delapan)                  a.    Maintaining gearing ratio maximum 8 (eight)
        kali.                                                             times.
   b.   Rasio Non Performing Loan (piutang >90 hari)                b.    Non Performing Loan ratio (receivables >90
        maksimal 3%.                                                      days) of maximum 3%.
   c.   Mempertahankan porsi kepemilikan PT Bank                    c.    Maintaining the ownership of PT Bank
        Maybank Indonesia Tbk terhadap Perusahaan                         Maybank Indonesia Tbk at the Company of
        minimal 51%.                                                      minimum 51%.

   Fasilitas pinjaman ini dijamin dengan jaminan fidusia            The loan facility is secured by fiduciary collateral in
   berupa piutang pembiayaan konsumen lancar yang                   the form of current consumer finance receivables
   tidak memiliki tunggakan yang diberikan kepada                   with no past due given to the third parties at 50%
   pihak ketiga sebesar 50% dari jumlah utang pokok                 of total principal amount of the bank loan.
   fasilitas pinjaman.

   Pada tanggal 31 Desember 2023, sisa fasilitas                    As of December 31, 2023, the unused loan facility
   pinjaman yang belum digunakan adalah RpNihil.                    is RpNil.

   PT Bank Pan Indonesia Tbk (Bank Panin)                           PT Bank Pan Indonesia Tbk (Bank Panin)

   Berdasarkan surat No. 094/IBD/EXT/21 tanggal                     Based on letter No. 094/IBD/EXT/21 dated
   22 Maret 2021, Perusahaan memperoleh Fasilitas                   March 22, 2021, the Company obtained Fixed
   Pinjaman Tetap untuk modal kerja pembiayaan                      Loan Facilities for financing source of fund with
   dengan limit fasilitas sebesar Rp500.000 dan                     total facility’s limit amounting to Rp500,000 and
   fasilitas ini akan jatuh tempo dalam 42 bulan                    this facility will mature within 42 (forty two)
   (empat puluh dua) sejak tanggal Perjanjian Kredit.               months since the Credit Agreement date. The
   Periode tersedianya dana adalah 6 (enam) bulan                   availability period of this facility is 6 (six) months
   sejak tanggal Perjanjian Kredit dan Perusahaan                   after the Credit Agreement Date and the
   hanya dapat melakukan penarikan dana selama                      Company is only able to withdraw the fund within
   periode ini. jangka waktu pinjaman maksimal 36                   this period. The loan period is maximum 36
   (tiga puluh enam) bulan dimana tanggal jatuh                     (thirty six) months where the maturity date of
   tempo masing-masing pinjaman tidak boleh                         each loan can not exceed the maturity date of
   melebihi tanggal jatuh tempo fasilitas. Tingkat suku             this loan facility. Interest rate charged is 6.50%
   bunga yang dikenakan adalah sebesar 6,50% per                    per annum, where the interest rate of each loan
   tahun, dimana tingkat suku bunga untuk setiap                    is fixed and the interest rate for the remaining
   pinjaman yang telah ditarik berlaku tetap selama                 outstanding loan facility can be changed based
   jangka waktu pinjaman dan kondisi tingkat bunga                  on market condition.
   untuk pinjaman yang belum ditarik dapat berubah
   sesuai dengan kondisi pasar yang berlaku.

   Fasilitas pinjaman ini dijamin dengan jaminan                    The loan facility is secured by fiduciary collateral
   fidusia berupa piutang pembiayaan konsumen yang                  in the form of consumer finance receivables
   diberikan kepada pihak ketiga sebesar 50% dari                   given to the third parties at 50% of total principal
   jumlah utang pokok fasilitas pinjaman (Catatan 6).               amount of the bank loan (Note 6).

   Pada tanggal 31 Desember 2023, sisa fasilitas                    As of December 31, 2023, the unused loan
   pinjaman yang belum digunakan adalah RpNihil.                    facility is RpNil.




                                                           66
Page 356
                                                              The original financial statements included herein are in the
                                                                                                    Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                  PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                  As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                           and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                              (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                     unless otherwise stated)


13. UTANG BANK (lanjutan)                                    13. BANK LOANS (continued)

   PT Bank Pan Indonesia Tbk (Bank Panin)                       PT Bank Pan Indonesia Tbk (Bank Panin)
   (lanjutan)                                                   (continued)

   Berdasarkan surat No. 290/IBD/EXT/23 tanggal                 Based on letter No. 290/IBD/EXT/23 dated
   24 Oktober 2023, Perusahaan memperoleh                       October 24, 2023, the Company obtained Fixed
   Fasilitas Pinjaman Tetap 3 untuk modal kerja                 Loan Facilities for financing source of fund with
   pembiayaan dengan limit fasilitas sebesar                    total facility’s limit amounting to Rp1.000,000 and
   Rp1.000.000 dan fasilitas ini akan jatuh tempo               this facility will mature within 51 (fifty one) months
   dalam 51 (lima puluh satu) bulan sejak tanggal               since the Credit Agreement date. The availability
   Perjanjian Kredit. Periode tersedianya dana adalah           period of this facility is 3 (three) months after the
   3 (tiga) bulan sejak tanggal Perjanjian Kredit dan           Credit Agreement Date and the Company is only
   Perusahaan hanya dapat melakukan penarikan                   able to withdraw the fund within this period. The
   dana selama periode ini. Jangka waktu pinjaman               loan period is maximum 48 (forty eight) months
   maksimal 48 (empat puluh delapan) bulan dimana               where the maturity date of each loan can not
   tanggal jatuh tempo masing-masing pinjaman tidak             exceed the maturity date of this loan facility.
   boleh melebihi tanggal jatuh tempo fasilitas.                Interest rate charged is 6.75% per annum, where
   Tingkat suku bunga yang dikenakan adalah                     the interest rate of each loan is fixed and the
   sebesar 6,75% per tahun, dimana tingkat suku                 interest rate for the remaining outstanding loan
   bunga untuk setiap pinjaman yang telah ditarik               facility can be changed based on market
   berlaku tetap selama jangka waktu pinjaman dan               condition.
   kondisi tingkat bunga untuk pinjaman yang belum
   ditarik dapat berubah sesuai dengan kondisi pasar
   yang berlaku

   Fasilitas pinjaman ini tidak menggunakan jaminan             The facilities does not use collateral (clean
   (clean basis).                                               basis).

   Selama periode pinjaman, Perusahaan memiliki                 During the loan period, the Company has to
   kewajiban untuk memenuhi ketentuan dalam                     comply with the terms of the loan agreement
   perjanjian pinjaman diantaranya:                             which includes the following:

   a.   Menjaga gearing ratio maksimal 8 (delapan)              a.    Maintaining gearing ratio maximum 8 (eight).
        kali.
   b.   Rasio Non Performing Loan (piutang >90 hari)            b.    Non Performing Loan ratio (receivables >90
        maksimal 3%.                                                  days) of maximum 3%.
   c.   Mempertahankan porsi kepemilikan PT Bank                c.    Maintaining the ownership of PT Bank
        Maybank Indonesia Tbk terhadap Perusahaan                     Maybank Indonesia Tbk at the Company of
        minimal 51%.                                                  minimum 51%.

   Pada tanggal 31 Desember 2023, sisa fasilitas               As of December 31, 2023, the unused loan facility
   pinjaman yang belum digunakan adalah                        is Rp500.000.
   Rp500.000.

   PT Bank Victoria International Tbk (Victoria)               PT Bank Victoria International Tbk (Victoria)

   Pada tanggal 26 Februari 2021, berdasarkan surat            On February 26, 2021, based on letter
   No.     042/SKM-KPP/VIC/II/21,      Perusahaan              No. 042/SKM-KPP/VIC/II/21, the Company
   memperoleh Fasilitas Kredit Jangka Pendek untuk             obtained Demand Loan Facility amounting to
   membiayai kebutuhan modal kerja. Limit fasilitas            Rp300,000 with loan period until March 25, 2022.
   pinjaman sebesar Rp300.000 dengan jangka
   waktu pinjaman hingga 25 Maret 2022.

   Pada tanggal 7 Maret 2022, berdasarkan surat                On March 7, 2022, based on letter
   No.     036/SKM-KPP/VIC/III/22,     Perusahaan              No. 036/SKM-KPP/VIC/III/22, the Company
   memperoleh Fasilitas Kredit Jangka Pendek untuk             obtained Demand Loan Facility amounting to
   membiayai kebutuhan modal kerja. Limit fasilitas            Rp300,000 with loan period until March 25, 2023.
   pinjaman sebesar Rp300.000 dengan jangka
   waktu pinjaman hingga 25 Maret 2023.


                                                        67
Page 357
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                    PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                    As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                             and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                       unless otherwise stated)


13. UTANG BANK (lanjutan)                                        13. BANK LOANS (continued)

   PT Bank Victoria International Tbk (Victoria)                        PT Bank Victoria              International       Tbk
   (lanjutan)                                                          (Victoria) (continued

   Pada tanggal 13 Maret 2023, berdasarkan surat                      On March 13, 2023, based on letter
   No.      045/SKM-KPP/VIC/III/23,     Perusahaan                    No. 045/SKM-KPP/VIC/III/23, the Company
   memperoleh Fasilitas Kredit Jangka Pendek untuk                    obtained Demand Loan Facility amounting to
   membiayai kebutuhan modal kerja. Limit fasilitas                   Rp500,000 with loan period until March 25,
   pinjaman sebesar Rp500.000 dengan jangka waktu                     2024.
   pinjaman hingga 25 Maret 2024.

   Fasilitas ini dikenakan suku bunga bersifat tetap                  This facility is subject to fixed interest rate for a
   selama jangka waktu yang dipilih oleh Perusahaan                   period selected by the Company for the amount
   untuk jumlah yang ditarik dimana suku bunga                        withdrawn where the interest rate will follow
   tersebut akan mengikuti suku bunga pasar yang                      prevailing market interest rate.
   berlaku.

   Selama periode pinjaman, Perusahaan memiliki                       During the loan period, the Company has to
   kewajiban untuk memenuhi ketentuan dalam                           comply with the terms of the loan agreement
   perjanjian pinjaman diantaranya:                                   which include the following:

   a.   Piutang yang dijaminkan adalah piutang lancar                  a. The receivables pledged are classified as
        yang tidak memiliki tunggakan bunga dan/atau                      current receivable which has no overdue of
        angsuran pokok lebih dari 90 (sembilan puluh)                     more than 90 (ninety) days.
        hari.
   b.   Menjaga agar PT Maybank Bank Indonesia Tbk                     b. Maintaining the composition of Company’s
        tetap menjadi pemegang saham minimal 51,10%                       shareholders    whereby    PT     Maybank
        dari jumlah modal disetor dan ditempatkan.                        Indonesia Tbk or its affiliates holds the
                                                                          Company’s share ownership at least
                                                                          51.10% of issued and paid up capital.
   Fasilitas pinjaman ini dijamin dengan jaminan fidusia             The loan facility is secured by fiduciary collateral
   berupa piutang pembiayaan konsumen yang                           in the form of consumer finance receivables
   diberikan kepada pihak ketiga sebesar 50% dari                    given to the third parties at 50% of total principal
   jumlah utang pokok fasilitas pinjaman untuk fasilitas             amount of the bank loan facility for demand loan
   pinjaman promes berulang (Catatan 6).                             (Note 6).
   Pada tanggal 31 Desember 2023, sisa fasilitas                     As of December 31, 2023, the unused loan
   pinjaman yang belum digunakan adalah Rp200.000.                   facility is Rp200.000.

   PT Bank DBS Indonesia Tbk (DBS)                                  PT Bank DBS Indonesia Tbk (DBS)

   Berdasarkan Perjanjian Fasilitas Perbankan                       Based        on     Bank      Facility  Agreement
   No.         136/PFP-DBSI/XI/1-2/2021          tanggal            No. 136/PFP-DBSI/XI/1-2/2021 November 12,
   12 November 2021. Perusahaan memperoleh                          2021 the Company obtained committed
   fasilitas kredit jangka panjang dengan limit fasilitas           amortizing term loan facility with total facility’s
   Rp300.000 dan fasilitas ini akan jatuh tempo dalam               amounting to Rp300,000 and this facility will
   42 bulan sejak tanggal Perjanjian Kredit. Periode                mature within 42 months since the Credit
   tersedianya dana adalah 6 bulan sejak tanggal                    Agreement date. The availability period of this
   Perjanjian Kredit dan Perusahaan hanya dapat                     facility is 6 months after the Credit Agreement
   melakukan penarikan dana selama periode ini.                     Date and the Company is only able to withdraw
   Jangka waktu pinjaman maksimal 36 bulan dimana                   the fund within this period. The loan period is
   tanggal jatuh tempo masing-masing pinjaman tidak                 maximum 36 months where the maturity date of
   boleh melebihi tanggal jatuh tempo fasilitas. Tingkat            each loan can not exceed the maturity date of
   suku bunga yang dikenakan adalah sebesar 5,73%                   this loan facility. Interest rate charged is 5.73%
   per tahun, dimana tingkat suku bunga untuk setiap                per annum, where the interest rate of each loan
   pinjaman yang telah ditarik berlaku tetap selama                 is fixed and the interest rate for the remaining
   jangka waktu pinjaman dan kondisi tingkat bunga                  outstanding loan facility can be changed based
   untuk pinjaman yang belum ditarik dapat berubah                  on market condition.
   sesuai dengan kondisi pasar yang berlaku.


                                                            68
Page 358
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                     As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                              and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                 (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                        unless otherwise stated)



13. UTANG BANK (lanjutan)                                       13. BANK LOANS (continued)

   PT Bank DBS Indonesia Tbk (DBS) (lanjutan)                      PT Bank          DBS      Indonesia       Tbk     (DBS)
                                                                   (continued)

   Selama periode pinjaman, Perusahaan memiliki                    During the loan period, the Company has to
   kewajiban untuk memenuhi ketentuan dalam                        comply with the terms of the loan agreement
   perjanjian pinjaman diantaranya:                                which include the following:

   a.   Menjaga debt to equity ratio (gearing ratio)               a.    Maintain debt to equity ratio (gearing ratio)
        tidak melebihi 10 kali.                                          not exceed 10 times.

   b.   Menjaga kepemilikan saham PT Bank                          b.    Maintain share ownership of PT Bank
        Maybank Indonesia Tbk sekurang-kurangnya                         Maybank Indonesia Tbk at least 51%.
        51%.

   Fasilitas pinjaman ini dijamin dengan jaminan fidusia            The loan facility is secured by fiduciary collateral
   berupa piutang pembiayaan konsumen yang                          in the form of consumer finance receivables
   diberikan kepada pihak ketiga sebesar 50% dari                   given to the third parties at 50% of total principal
   jumlah utang pokok fasilitas pinjaman untuk fasilitas            amount of the bank loan facility for term loan
   kredit jangka panjang (Catatan 6).                               facility (Note 6).

   Pada tanggal 31 Desember 2023, sisa fasilitas                   As of December 31, 2023, the unused loan
   pinjaman yang belum digunakan adalah RpNihil.                   facility is RpNil.

   PT Bank Hibank Indonesia (Hibank)                               PT Bank Hibank Indonesia (Hibank)

   Berdasarkan Surat Penegasan Persetujuan Kredit                  Based     on     Letter   of     Credit    Offering
   No. 021/OL/KY/VIII/2023 tanggal 18 Agustus 2023,                No. 021/OL/KY/VIII/2023 dated August 18, 2023,
   Perusahaan memperoleh Fasilitas Kredit Pinjaman                 the Company Uncommitted Short-Term Loan
   Berjangka Uncommitted untuk membiayai kebutuhan                 Credit Facility amounting to Rp100,000 with
   modal kerja atau gap/defisit arus kas jangka pendek.            drawdown period from August 29, 2023 to August
   Limit fasilitas pinjaman sebesar Rp100.000 dengan               29, 2024. The interest rate will be determined at
   jangka waktu pinjaman dari tanggal 29 Agustus 2023              the time of the loan withdrawal. The loan can be
   sampai dengan 29 Agustus 2024. Suku bunga                       withdrawn at once or several times with a minimum
   ditetapkan pada saat penarikan kredit. Pinjaman                 withdrawal of Rp5,000 with a tenor per withdrawal
   dana ditarik sekaligus atau beberapa kali dengan                at maximum 30 days.
   minimal penarikan Rp5.000 dengan tenor per
   penarikan maksimum 30 hari.
   Pinjaman ini dikenakan tingkat suku bunga sebesar               The loan bears interest rate at 6,20% per annum.
   6,20% per tahun.

   Selama periode pinjaman, Perusahaan memiliki                   During the loan period, the Company has to comply
   kewajiban untuk memenuhi ketentuan dalam                       with the terms of the loan agreement which is
   perjanjian pinjaman yaitu mempertahankan porsi                 maintaining the ownership of PT Bank Maybank
   kepemilikan PT Bank Maybank Indonesia Tbk                      Indonesia Tbk at the Company of minimum 51%.
   terhadap Perusahaan minimal 51%.
   Fasilitas pinjaman ini tidak menggunakan jaminan                The facilities does not use collateral (clean basis).
   (clean basis).
   Pada tanggal 31 Desember 2023, sisa fasilitas                   As of December 31, 2023, the unused loan facility
   pinjaman yang belum digunakan adalah RpNihil.                   is RpNil.




                                                           69
Page 359
                                                             The original financial statements included herein are in the
                                                                                                   Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                 PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                 As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                          and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                             (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                    unless otherwise stated)



13. UTANG BANK (lanjutan)                                   13. BANK LOANS (continued)

   PT Bank Mandiri (Persero) Tbk (Mandiri)                     PT Bank Mandiri (Persero) Tbk (Mandiri)

   Berdasarkan       Surat     Penawaran      Kredit           Based      on      Letter   of   Credit     Offering
   No.        CMB.CM5/MTA.0856/2021         tanggal            No.        CMB.CM5/MTA.0856/2021              dated
   25 November 2021, Perusahaan memperoleh                     November 25, 2021, the Company obtained a
   Fasilitas Kredit Jangka Pendek untuk membiayai              Short-Term Loan Facility to finance working
   kebutuhan modal kerja atau gap/defisit arus kas             capital needs or short-term cash flow
   jangka pendek. Limit fasilitas pinjaman sebesar             gaps/deficits. The loan facility amounting to
   Rp600.000 dengan jangka waktu pinjaman dari                 Rp600,000 with drawdown period from
   tanggal 19 Desember 2021 sampai dengan                      December 19, 2021 to December 18, 2022. The
   18 Desember 2022. Suku bunga ditetapkan pada                interest rate will be determined at the time of loan
   saat penarikan kredit. Pinjaman dana ditarik                withdrawal. The loan can be withdrawn at once or
   sekaligus atau beberapa kali dengan minimal                 several times with a minimum withdrawal of
   penarikan Rp10.000 dengan tenor per penarikan               Rp10,000 with a tenor per withdrawal at
   maksimum 30 hari.                                           maximum 30 days.

   Berdasarkan       Surat     Penawaran      Kredit           Based      on      Letter    of    Credit     Offer
   No.        CMB.CM5/MFD.0046/2022         tanggal            No. CMB.CM5/MFD.0046/2022 dated November
   28 November 2022, Perusahaan memperoleh                     28, 2022, the Company obtained a Short-Term
   Fasilitas Kredit Jangka Pendek untuk membiayai              Loan Facility to finance working capital needs or
   kebutuhan modal kerja atau gap/defisit arus kas             short-term cash flow gap/deficit. The loan facility
   jangka pendek. Limit fasilitas pinjaman sebesar             amounting to Rp600,000 with drawdown period
   Rp600.000 dengan jangka waktu pinjaman dari                 from December 19, 2022 to December 18, 2023.
   tanggal 19 Desember 2022 sampai dengan                      The interest rate will be determined at the time of
   18 Desember 2023. Suku bunga ditetapkan pada                loan drawdown. The loan are withdrawn at once
   saat penarikan kredit. Pinjaman dana ditarik                or several times with a minimum withdrawal of
   sekaligus atau beberapa kali dengan minimal                 Rp10,000 with a maximum tenor per withdrawal
   penarikan Rp10.000 dengan tenor per penarikan               of 30 days.
   maksimum 30 hari.

   Berdasarkan       Surat     Penawaran      Kredit           Based      on      Letter   of   Credit     Offering
   No.     CMB.CM5/MFD.0550/SPPK/2023       tanggal            No. CMB.CM5/MFD.0550/SPPK/2023 dated
   8 Desember 2023, Perusahaan memperoleh                      December 8, 2023, the Company obtained a
   Fasilitas Kredit Jangka Pendek untuk membiayai              Short-Term Loan Facility to finance working
   kebutuhan modal kerja atau gap/defisit arus kas             capital needs or short-term cash flow
   jangka pendek. Limit fasilitas pinjaman sebesar             gaps/deficits. The loan facility amounting to
   Rp600.000 dengan jangka waktu pinjaman dari                 Rp600,000 with drawdown period from
   tanggal 19 Desember 2023 sampai dengan                      December 19, 2023 to December 18, 2024. The
   18 Desember 2024. Suku bunga ditetapkan pada                interest rate will be determined at the time of loan
   saat penarikan kredit. Pinjaman dana ditarik                drawdown. Loan funds are withdrawn at once or
   sekaligus atau beberapa kali dengan minimal                 several times with a minimum withdrawal of
   penarikan Rp10.000 dengan tenor per penarikan               Rp10,000 with a maximum tenor per withdrawal
   maksimum 30 hari                                            of 30 day.

   Selama periode pinjaman, Perusahaan memiliki                During the loan period, the Company has to
   kewajiban untuk memenuhi ketentuan dalam                    comply with the terms of the loan agreement
   perjanjian pinjaman diantaranya:                            which include the following:

    a.   Menjaga kecukupan piutang pembiayaan                  a.    Maintaining consumer financing receivables
         konsumen sebesar 50% dari jumlah fasilitas                  adequacy of 50% of the total amount of the
         pinjaman.                                                   outstanding bank loan.
    b.   Memastikan piutang pembiayaan konsumen                b.    Maintaining   that    consumer    financing
         yang dijaminkan kepada Mandiri tidak                        receivables which are pledged to Mandiri are
         memiliki tunggakan lebih dari 90 hari.                      not overdue more than 90 days.

    c.   Menjaga Gearing Ratio maksimal sebesar                c.    Maintaining Gearing Ratio maximum 10
         10 kali.                                                    times.
                                                       70
Page 360
                                                               The original financial statements included herein are in the
                                                                                                     Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                 PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                 As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                          and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                             (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                    unless otherwise stated)


13. UTANG BANK (lanjutan)                                     13. BANK LOANS (continued)

   PT Bank Mandiri (Persero) Tbk (Mandiri)                       PT Bank Mandiri (Persero) Tbk (Mandiri)
   (lanjutan)                                                    (continued)

   Fasilitas pinjaman ini dijaminkan dengan jaminan              The facilities are secured by fiduciary collateral in
   fidusia berupa piutang pembiayaan konsumen yang               the form of consumer financing receivables given
   diberikan kepada pihak ketiga sebesar 50% dari                to third party of about 50% of total principal
   jumlah utang pokok fasilitas pinjaman (Catatan 6).            amount of bank loan facility (Note 6).

   Pada tanggal 31 Desember 2023, sisa fasilitas                 As of December 31, 2023, the unused loan
   pinjaman   yang  belum   digunakan   adalah                   facility is Rp600.000.
   Rp600.000.

   Bank MUFG, Ltd, cabang Jakarta (MUFG)                         MUFG Bank, Ltd, Jakarta Branch (MUFG)

   Berdasarkan            perjanjian           kredit            Based      on     credit   facility  agreement
   No. 2020-0065470-LN tanggal 16 Januari 2021,                  No. 2020-0065470-LN dated January 16, 2021,
   Perusahaan mendapatkan Fasilitas Kredit dari                  the Company obtained Loan Credit Facility from
   MUFG sebesar USD15 atau setara Rp200.000                      MUFG amounting to USD15 or equal to
   dengan tenor per penarikan maksimum 6 (enam)                  Rp200,000 with a tenor per withdrawal at
   bulan dan jangka waktu pinjaman 12 (dua belas)                maximum 6 (six) months and drawdown period 12
   bulan terhitung sejak tanggal penandatanganan                 (twelve) months from the signing date of
   perjanjian sampai dengan tanggal 16 Januari 2022.             agreement until January 16, 2022. The interest
                                                                 rate will be determined at the time of the loan
   Suku bunga ditetapkan pada saat penarikan kredit.
                                                                 withdrawal.

   Berdasarkan            perjanjian           kredit            Based      on     credit   facility  agreement
   No. 2021-0062826-LN tanggal 16 Januari 2022,                  No. 2021-0062826-LN dated January 16, 2022,
   Perusahaan mendapatkan Fasilitas Kredit dari                  the Company obtained Loan Credit Facility from
   MUFG sebesar USD15 atau setara Rp200.000                      MUFG amounting to USD15 or equal to
   dengan tenor per penarikan maksimum 6 (enam)                  Rp200,000 with a tenor per withdrawal at
   bulan dan jangka waktu pinjaman 12 (dua belas)                maximum 6 (six) months and drawdown period
   bulan terhitung sejak tanggal penandatanganan                 12 of (twelve) months from the signing date of
   Perjanjian sampai dengan tanggal 16 Januari 2023.             agreement until January 16, 2023. The interest
   Suku bunga ditetapkan pada saat penarikan kredit.             rate will be determined at the time of the loan
                                                                 withdrawal.

   Berdasarkan perubahan perjanjian kredit No. 2022-             Based on amendment to the credit agreement
   0056796-LN tanggal 16 Januari 2023, Perusahaan                No. 2022-0056796-LN dated January 16, 2023,
   mendapatkan Fasilitas Kredit dari MUFG sebesar                the Company obtained Loan Credit Facility from
   USD15 atau setara Rp200.000 dengan tenor per                  MUFG amounting to USD15 or equal to
   penarikan maksimum 6 (enam) bulan dan jangka                  Rp200,000 with a tenor per withdrawal at
   waktu pinjaman 12 (dua belas) bulan terhitung                 maximum 6 (six) months and drawdown period
   sejak tanggal penandatanganan Perjanjian sampai               12 of (twelve) months from the signing date of
   dengan tanggal 16 Januari 2024. Suku bunga                    agreement until January 16, 2024. The interest
   ditetapkan pada saat penarikan kredit.                        rate will be determined at the time of the loan
                                                                 withdrawal.

   Fasilitas pinjaman ini dijamin dengan jaminan                 The loan facility is secured by fiduciary collateral
   fidusia berupa piutang pembiayaan konsumen yang               in the form of consumer finance receivables
   diberikan kepada pihak ketiga sebesar 50% dari                given to the third parties at 50% of total principal
   jumlah utang pokok fasilitas pinjaman (Catatan 6).            amount of the bank loan facility (Note 6).
   Sampai dengan tanggal penyelesaian laporan                    Until the completion date of financial statements,
   keuangan, perpanjangan Fasilitas Kredit dari                  the extension of Loan Credit Facility from MUFG
   MUFG masih dalam proses.                                      is still on process.

   Pada tanggal 31 Desember 2023,            fasilitas           As of December 31, 2023, the unused loan
   pinjaman   yang belum digunakan            adalah             facility is Rp200,000.
   Rp200.000.


                                                         71
Page 361
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                   As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                            and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                      unless otherwise stated)


13. UTANG BANK (lanjutan)                                       13. BANK LOANS (continued)

   PT Bank Mizuho Indonesia (Mizuho)                                PT Bank Mizuho Indonesia (Mizuho)
   Berdasarkan       Perjanjian   Fasilitas    Kredit               Based     on     Credit   Facility  Agreement
   No. 042/MA/MZH/0123 tanggal 31 Januari 2023,                     No. 042/MA/MZH/0123 dated January 31, 2023,
   Perusahaan memperoleh        Fasilitas   Pinjaman                the Company acquires a revolving loan facility on
   Berulang tanpa komitmen (on an uncommitted                       an uncommitted basis amounting to Rp200,000
   basis) untuk membiayai kebutuhan modal kerja atau                with drawdown period from January 31, 2023 to
   gap/defisit arus kas jangka pendek. Limit fasilitas              January 31, 2024. The interest rate will be
   pinjaman sebesar Rp200.000 dengan jangka waktu                   determined at the time of the loan withdrawal.
   pinjaman dari tanggal 31 Januari 2023 sampai                     Tenor per withdrawal at maximum 90 days.
   dengan 31 Januari 2024. Suku bunga ditetapkan                     .
   pada saat penarikan kredit. Tenor per penarikan
   maksimum 90 hari

   Sampai dengan tanggal penyelesaian laporan                       Until the completion date of financial statements,
   keuangan,    perpanjangan    Fasilitas Pinjaman                  the extension of revolving loan facility on an
   Berulang tanpa komitmen dari Mizuho masih dalam                  uncommitted basis from mizuho is still on
   proses                                                           process.

    Selama periode pinjaman, Perusahaan memiliki                    During the loan period, the Company has to
    kewajiban untuk memenuhi ketentuan dalam                        comply with the terms of the loan agreement which
    perjanjian pinjaman diantaranya:                                includes the following:

    a. Menjaga gearing ratio maksimal 8 (delapan) kali.              a. Maintaining gearing ratio maximum 8 (eight)
                                                                        times.
    b. Rasio Non Performing Loan (piutang >90 hari)                  b. Non Performing Loan ratio (receivables >90
       maksimal 3%.                                                     days) of maximum 3%.
    c. Mempertahankan porsi kepemilikan PT Bank                      c. Maintaining the ownership of PT Bank
       Maybank Indonesia Tbk terhadap Perusahaan                        Maybank Indonesia Tbk at the Company of
       minimal 51%.                                                     minimum 51%.

   Fasilitas pinjaman ini dijamin dengan jaminan fidusia            The loan facility is secured by fiduciary collateral
   berupa piutang pembiayaan konsumen yang                          in the form of consumer finance receivables given
   diberikan kepada pihak ketiga sebesar 50% dari                   to the third parties at 50% of total principal
   jumlah utang pokok fasilitas pinjaman.                           amount of the bank loan.

   Pada tanggal 31 Desember 2023,             fasilitas            As of December 31, 2023, the unused loan
   pinjaman   yang belum digunakan             adalah              facility is Rp200,000.
   Rp200.000.

   PT Bank OCBC NISP Tbk (OCBC NISP)                               PT Bank OCBC NISP Tbk (OCBC NISP)
   Pada tanggal 16 Juli 2021, berdasarkan surat                    On July 16, 2021,           based on letter
   No.      255/ILS-JKT/PK/VII/2021,      Perusahaan               No. 255/ILS-JKT/PK/VII/2021, the Company
   memperoleh fasilitas pinjaman dalam bentuk                      obtained loan facility of Demand Loan from
   Demand Loan dari OCBC NISP dengan batas                         OCBC NISP with maximum facility limit amounted
   maksimum fasilitas Rp300.000 dan jangka waktu                   to Rp300,000 and the term of loan maximum
   pinjaman 1 (satu) tahun yang berakhir pada tanggal              1 (one) year ended on July 16, 2022. Interest rate
   16 Juli 2022. Tingkat suku bunga ditentukan pada                will be determined at the withdrawal, based on
   saat penarikan berdasarkan suku bunga pasar                     money market rate.
   uang.

   Pada tanggal 14 Juli 2022, berdasarkan surat                    On July 14, 2022,          based on letter
   No.      264/ILS-JKT/PK/VII/2022,      Perusahaan               No. 264/ILS-JKT/PK/VII/2022, the Company
   memperoleh fasilitas pinjaman dalam bentuk                      obtained loan facility of Demand Loan from
   Demand Loan dari OCBC NISP dengan batas                         OCBC NISP with maximum facility limit amounted
   maksimum fasilitas Rp300.000 dan jangka waktu                   to Rp300,000 and the term of loan maximum 1
   pinjaman 1 (satu) tahun yang berakhir pada tanggal              (one) year ended on July 16, 2023. Interest rate
   16 Juli 2023. Tingkat suku bunga ditentukan pada                will be determined at the withdrawal, based on
   saat penarikan berdasarkan suku bunga pasar                     money market rate.
   uang.
                                                           72
Page 362
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                     As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                              and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                 (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                        unless otherwise stated)


13. UTANG BANK (lanjutan)                                         13. BANK LOANS (continued)

   PT Bank OCBC          NISP Tbk (OCBC            NISP)             PT Bank OCBC NISP Tbk (OCBC NISP)
   (lanjutan)                                                        (continued)

   Pada tanggal 14 Juli 2023, berdasarkan surat                       On July 14, 2023, based on letter
   No.      276/ILS-JKT/PK/VII/2023,      Perusahaan                  No. 276/ILS-JKT/PK/VII/2023, the Company
   memperoleh fasilitas pinjaman dalam bentuk                         obtained loan facility of Demand Loan from
   Demand Loan dari OCBC NISP dengan batas                            OCBC NISP with maximum facility limit
   maksimum fasilitas Rp300.000 dan jangka waktu                      amounted to Rp300,000 and the term of loan
   pinjaman 1 (satu) tahun yang berakhir pada tanggal                 maximum 1 (one) year ended on July 14, 2024.
   14 Juli 2024. Tingkat suku bunga ditentukan pada                   Interest rate will be determined at the withdrawal,
   saat penarikan berdasarkan suku bunga pasar                        based on money market rate.
   uang.

   Selama periode pinjaman, Perusahaan memiliki                       During the loan period, the Company has to
   kewajiban untuk memenuhi ketentuan dalam                           comply with the terms of the loan agreement
   perjanjian pinjaman diantaranya:                                   which include the following:

   a.   Menjaga rasio pinjaman        terhadap     modal              a.    Maintain the gearing ratio maximum of 8
        maksimum sebesar 8 kali.                                            times.
   b.   Menjaga piutang yang memiliki tunggakan bunga                  b. Maintain receivables which has overdue of
        dan/atau angsuran pokok lebih dari 90 (sembilan                   more than 90 (ninety) days maximum 2.5%
        puluh) hari tidak melebih 2,5% dari total piutang.                from total receivables.

   Fasilitas pinjaman ini dijamin dengan jaminan                     The loan facility is secured by fiduciary collateral
   fidusia berupa piutang pembiayaan konsumen yang                   in the form of consumer finance receivables
   diberikan kepada pihak ketiga sebesar 50% dari                    given to the third parties at 50% of total principal
   jumlah utang pokok fasilitas pinjaman (Catatan 6).                amount of the bank loan facility (Note 6).

   Pada tanggal 31 Desember 2023,                fasilitas           As of December 31, 2023, the unused loan
   pinjaman   yang belum digunakan                adalah             facility is Rp300,000.
   Rp300.000.

   PT Bank Tabungan Pensiunan Nasional Tbk                           PT Bank Tabungan Pensiunan Nasional Tbk
   (BTPN)                                                            (BTPN)

   Berdasarkan Lampiran No. 002 untuk perubahan                      Based on Appendix No. 002 for amendment and
   dan pernyataan kembali atas perjanjian fasilitas                  restatement of the original facility agreement
   awal tanggal 13 Januari 2022, Perusahaan                          dated January 13, 2022, the Company obtained
   memperoleh perpanjangan fasilitas pinjaman kredit                 extention credit loan facility with facility limit
   dalam bentuk money market dengan limit fasilitas                  Rp100,000 and maximum period of facility is until
   Rp100.000 dan jangka waktu pinjaman hingga                        January 31, 2023.
   tanggal 31 Januari 2023.

   Berdasarkan Lampiran No. 003 untuk perubahan                      Based on Appendix No. 003 for amendment and
   dan pernyataan kembali atas perjanjian fasilitas                  restatement of the original facility agreement
   awal tanggal 13 Januari 2023, Perusahaan                          dated January 13, 2022, the Company obtained
   memperoleh perpanjangan fasilitas pinjaman kredit                 extention credit loan facility with facility limit
   dalam bentuk money market dengan limit fasilitas                  Rp100,000 and maximum period of facility is until
   Rp100.000 dan jangka waktu pinjaman hingga                        January 31, 2024.
   tanggal 31 Januari 2024.

   Sampai dengan tanggal penyelesaian laporan                        Until the completion date of financial statements,
   keuangan, perpanjangan fasilitas pinjaman kredit                  the extension of demand loan facilty from BTPN
   dalam bentuk money market dari BTPN, masih                        is still on process.
   dalam proses.

   Pada tanggal 31 Desember 2023,                fasilitas           As of December 31, 2023, the unused loan
   pinjaman   yang belum digunakan                adalah             facility is Rp100,000.
   Rp100.000.

                                                             73
Page 363
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                     As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                              and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                 (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                        unless otherwise stated)


13. UTANG BANK (lanjutan)                                      13. BANK LOANS (continued)

    PT Bank Danamon Indonesia Tbk (Danamon)                          PT Bank Danamon Indonesia Tbk (Danamon)

    Pada tanggal 12 Juli 2021, berdasarkan surat                     On July 12,            2021, based on letter
    No. B.068/ARO/EB/0721, Perusahaan memperoleh                     No. B.068/ARO/EB/0721, the Company obtained
    perpanjangan fasilitas pinjaman dalam bentuk                     loan facility of short term loan with maximum
    kredit jangka pendek dengan batas maksimum                       facility limit amounting to Rp200,000 and the term
    fasilitas Rp200.000 dan jangka waktu fasilitas                   of loan maximum of 1 (one) year ended on May
    pinjaman 1 (satu) tahun yang berakhir pada tanggal               14, 2022. Interest rate will be determined at the
    14 Mei 2022. Tingkat suku bunga ditentukan pada                  withdrawal, based on money market rate.
    saat penarikan berdasarkan suku bunga pasar
    uang.

    Pada tanggal 15 September 2022, berdasarkan                      On September 15, 2022, based on letter
    surat     No.   B.179/HK-EB/0922,   Perusahaan                   No. B.179/HK-EB/0922, the Company obtained
    memperoleh perpanjangan fasilitas pinjaman                       loan facility of short term loan with maximum
    dalam bentuk kredit jangka pendek dengan batas                   facility limit amounting to Rp100,000 and the term
    maksimum fasilitas Rp100.000 dan jangka waktu                    of loan maximum of 1 (one) year ended on May
    fasilitas pinjaman 1 (satu) tahun yang berakhir                  14, 2023. Interest rate will be determined at the
    pada tanggal 14 Mei 2023. Tingkat suku bunga                     withdrawal, based on money market rate.
    ditentukan pada saat penarikan berdasarkan suku
    bunga pasar uang.

    Pada tanggal 1 Agustus 2023, berdasarkan surat                   On August 1, 2023, based on letter
    No. B.383/ARO/EB/0823, Perusahaan memperoleh                     No. B.383/ARO/EB/0823, the Company obtained
    perpanjangan fasilitas pinjaman dalam bentuk                     loan facility of short term loan with maximum
    kredit jangka pendek dengan batas maksimum                       facility limit amounting to Rp100,000 and the
    fasilitas Rp100.000 dan jangka waktu fasilitas                   term of loan maximum of 1 (one) year ended on
    pinjaman 1 (satu) tahun yang berakhir pada tanggal               May 14, 2024. Interest rate will be determined at
    14 Mei 2024. Tingkat suku bunga ditentukan pada                  the withdrawal, based on money market rate.
    saat penarikan berdasarkan suku bunga pasar                .
    uang.


    Selama periode pinjaman, Perusahaan memiliki                      During the loan period, the Company has to
    kewajiban untuk memenuhi ketentuan dalam                          comply with the terms of the loan agreement
    perjanjian pinjaman diantaranya:                                  which include the following:

   a.   Menjaga total debt networth ratio maksimum 8                   a. Maintaining maximum total debt networth ratio
        kali                                                               of 8 (eight) times.
   b.   Menjaga Net Credit Losses (NCL) to average                     b. Maintaining Net Credit Losses (NCL) to
        portfolio ratio maksimum 4%.                                      average portfolio ratio of maximum 4%.
   c.   Menjaga receivable overdue lebih dari 90 hari                  c. Maintaining receivables overdue more than 90
        tidak melebih 3% dari total receivables.                          days not exceeding 3% of total receivables.
   d.   Menjaga total debt/portfolio piutang pembiayaan                d. Maintaining maximum total debt/financing
        maksimum 90%.                                                     receivables portfolio of 90%

    Pada tanggal 31 Desember 2023,            fasilitas              As of December 31, 2023, the unused loan
    pinjaman   yang belum digunakan            adalah                facility is Rp100,000.
    Rp100.000.

    Kepatuhan terhadap batasan perjanjian                            Compliance on loan covenants

    Untuk seluruh saldo utang bank pada tanggal-                     For all balance of bank loans as of December 31,
    tanggal 31 Desember 2023 dan 2022, Perusahaan                    2023 and 2022, the Company has complied with
    telah mematuhi seluruh persyaratan yang                          all loan covenants, required by the loan
    ditentukan oleh perjanjian pinjaman.                             agreements.




                                                          74
Page 364
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                            unless otherwise stated)


14. UTANG DEALER                                                    14. PAYABLE TO DEALERS
                                                 31 Desember/      31 Desember/
                                               December 31, 2023 December 31, 2022

   Pihak ketiga                                                                                                     Third parties
     Rupiah                                                                                                             Rupiah
       PT Plaza Auto Prima                                8.222              4.960                      PT Plaza Auto Prima
       PT Berlian Maju Motor                              6.709                   -                   PT Berlian Maju Motor
       PT Dipo Internasional Pahala Otomotif              4.220              5.503     PT Dipo International Pahala Otomotif
       PT Gowa Modern Motor                               3.434              7.601                  PT Gowa Modern Motor
       PT Arista Karya Abadi                              3.272              1.527                    PT Arista Karya Abadi
       PT Mandalatama Armada Motor                        3.262                   -        PT Mandalatama Armada Motor
       PT Srikandi Diamond Motors                         3.088              1.393             PT Srikandi Diamond Motors
       PT Bumen Redja Abadi                               2.909              1.313                   PT Bumen Redja Abadi
       PT Astra International Tbk                         2.672              3.064                PT Astra International Tbk
       PT Astrido Jaya Mobilindo                          2.624              4.235                PT Astrido Jaya Mobilindo
       PT Kasana Teknindo Gemilang                        2.598                   -         PT Kasana Teknindo Gemilang
       PT Agung Automall                                  2.592              1.662                       PT Agung Automall
       PT Intercom Mobilindo                              2.559              2.539                    PT Intercom Mobilindo
       PT Tunas Auto Graha                                2.556                   -                   PT Tunas Auto Graha
       PT Hyundai Mobil Indonesia                         2.323              4.549              PT Hyundai Mobil Indonesia
       PT United Tractors Tbk                             2.239                   -             PT Hyundai Mobil Indonesia
       PT Arista Auto Lestari                             2.237              1.694                    PT Arista Auto Lestari
       PT Imperial Putra Perdana (Honda)                  2.233              1.511      PT Imperial Putra Perdana (Honda)
       PT Pionika Automobil                               2.174                   -                    PT Pionika Automobil
       PT Liek Motor                                      2.063              1.551             PT Tunas Mobilindo Parama
       PT Kumala Cemerlang Abadi                          2.034                   -           PT Kumala Cemerlang Abadi
       PT Panji Rama Otomotif                             1.908                   -                 PT Panji Rama Otomotif
       PT Andalan Auto Prima                              1.879              4.428                   PT Andalan Auto Prima
       PT Hexindo Adiperkasa Tbk                          1.703                   -             PT Hexindo Adiperkasa Tbk
       PT Daya Adicipta Sandika                           1.696                   -               PT Daya Adicipta Sandika
       PT Niaga Bangka Automobile                         1.630                   -           PT Niaga Bangka Automobile
       PT Eurokars Prima Indonesia                        1.514                   -           PT Eurokars Prima Indonesia
       PT Peformance Motors Indonesia                     1.467                   -       PT Peformance Motors Indonesia
       PT Mulya Putra Kencana                             1.396                   -                PT Mulya Putra Kencana
       PT Indomobil Prima Niaga                           1.324                   -               PT Indomobil Prima Niaga
       PT Union Mega Auto                                 1.317                   -                     PT Union Mega Auto
       PT Istana Mobil Trio                               1.300                   -                     PT Istana Mobil Trio
       PT Lautan Berlian Utama Motor                      1.167                   -         PT Lautan Berlian Utama Motor
       PT Istana Bandung Raya Motor                       1.158              2.538          PT Istana Bandung Raya Motor
       PT Ananta Auto Andalan                             1.149                   -                 PTAnanta Auto Andalan
       PT Tri Swardana Utama                              1.137                   -                 PT Tri Swardana Utama
       PT Maju Global Motor                               1.086                   -                   PT Maju Global Motor
       PT Traktor Nusantara                               1.046                   -                    PT Traktor Nusantara
       PT Arista Jaya Lestari                             1.041              5.473                    PT Arista Jaya Lestari
       PT Manggala Kiat Ananda                                -             11.189                PT Manggala Kiat Ananda
       PT Tunas Ridean Tbk                                    -              7.064                    PT Tunas Ridean Tbk
       PT Trans Eurokars Indonesia                            -              4.586            PT Trans Eurokars Indonesia
       PT Megatama Mandiri                                    -              2.534                    PT Megatama Mandiri
       PT Astrido Toyota                                      -              2.118                         PT Astrido Toyota
       PT Istana Deli Kejayaan                                -              2.012                  PT Istana Deli Kejayaan
       PT Indomobil Trada Nasional                            -              1.950            PT Indomobil Trada Nasional
       PT Arista Auto Prima                                   -              1.869                     PT Arista Auto Prima
       PT Wiltop Auto                                         -              1.646                            PT Wiltop Auto
       PT Sejahtera Buana Trada                               -              1.625               PT Sejahtera Buana Trada
       PT Fajar Kumala Motor                                  -              1.618                   PT Fajar Kumala Motor
       PT Honda Maju Mobilindo                                -              1.609                PT Honda Maju Mobilindo
       PT Indosal Pasteur                                     -              1.508                        PT Indosal Pasteur
       PT Bosowa Berlian Motor                                -              1.499                 PT Bosowa Berlian Motor
       PT Sinar Inti Primajaya Perkasa                        -              1.491          PT Sinar Inti Primajaya Perkasa
       PT Mulya Putra Citra Mobil                             -              1.435                PT Mulya Putra Citra Mobi
       PT Genki Kirana Internusa                              -              1.406               PT Genki Kirana Internusa
       PT Dunia Barusa                                        -              1.285                          PT Dunia Barusa
       PT Setianita                                           -              1.281                              PT Setianita
       PT Istana Deli Kemakmuran                              -              1.275              PT Istana Deli Kemakmuran
       PT Arjuna Cemerlang Motor                              -              1.273              PT Arjuna Cemerlang Motor
       PT Kartika Sari Motor                                  -              1.195                     PT Kartika Sari Motor

                                                             75
Page 365
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                      As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                               and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                         unless otherwise stated)


14. UTANG DEALER                                                 14. PAYABLE TO DEALERS
                                          31 Desember/      31 Desember/
                                        December 31, 2023 December 31, 2022

   Pihak ketiga                                                                                                Third parties
     Rupiah                                                                                                        Rupiah
       PT Sun Star Prima Motor                         -                  1.110                 PT Sun Star Prima Motor
       PT Karyatama Trans Niaga                        -                  1.098               PT Karyatama Trans Niaga
       PT Deltamas Surya Indah Mulia                   -                  1.072           PT Deltamas Surya Indah Mulia
       PT Auto Maju Sentosa                            -                  1.072                   PT Auto Maju Sentosa
       PT Automobil Jaya Abadi                         -                  1.048                PT Automobil Jaya Abadi
       PT Prima Wahana Auto Mobil                      -                  1.009            PT Prima Wahana Auto Mobil
       PT Sun Mega Motor                               -                  1.005                     PT Sun Mega Motor
       Lainnya-dibawah Rp1 Miliar                 29.974                 28.704                 Others-below Rp1 Billion

   Total                                         120.912               145.127                                           Total




   Utang dealer merupakan utang tanpa agunan                         Payable to dealers represent unsecured payable
   sehubungan      dengan   transaksi   pembelian                    in connection with purchase transaction of four-
   kendaraan roda empat untuk pembiayaan kepada                      wheeled vehicles for financing to customers.
   konsumen.      Utang   dealer   pada   tanggal                    Payable to dealers as of December 31, 2023 and
   31 Desember 2023 dan 2022 telah dilunasi pada                     2022 have been settled in the following month.
   awal bulan berikutnya.


15. BEBAN AKRUAL                                                 15. ACCRUED EXPENSES
                                          31 Desember/           31 Desember/
                                        December 31, 2023      December 31, 2022

   Pihak-pihak berelasi (Catatan 31)                                                               Related parties (Note 31)
     PT Bank Maybank Indonesia Tbk                                                      PT Bank Maybank Indonesia Tbk
       Bunga utang bank                              172                        -                 Interest on bank loan
       Bunga utang obligasi                           39                       71            Interest on bonds payable
     Malayan Banking Berhad (Maybank)                                                 Malayan Banking Berhad (Maybank)
       Bunga utang obligasi                           27                          8          Interest on bonds payable
     PT Asuransi Etiqa Internasional                                                      PT Asuransi Etiqa Internasional
       Indonesia                                                                                              Indonesia
       Bunga utang obligasi                                -                   24            Interest on bonds payable

   Total pihak berelasi                              238                      103                        Total related parties

 Pihak ketiga                                                                                                    Third parties
     Remunerasi                                    32.856                  29.939                            Remuneration
     Bunga utang bank                               9.794                   4.201                     Interest on bank loan
     Promosi                                        3.545                       -                                Promotion
     Beban jasa konsultan                           1.771                   1.342                            Consultant fee
     Bunga utang obligasi                             634                   1.704                Interest on bonds payable
     Lainnya                                        2.624                   3.194                                    Others

   Total pihak ketiga                              51.224                  40.380                          Total third parties

   Total                                           51.462                  40.483                                        Total




                                                       76
Page 366
                                                                                            The original financial statements included herein are in the
                                                                                                                                  Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                                 PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                                                 As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                                          and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                                             (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                                    unless otherwise stated)


16. UTANG OBLIGASI                                                                      16. BONDS PAYABLE
                                                                                                                       Total
                                                                            Jangka waktu    Suku bunga
                                                                                 (bulan)/    per tahun/     31 Desember/   31 Desember/
                                   Wali amanat/   Peringkat/   Jatuh tempo/       Tenor     Interest rate   December 31,   December 31,
                                    Arranger       Rating        Maturity     (in months)    per annum          2023           2022
      Rupiah                                                                                                                                                 Rupiah
      Pihak berelasi (Catatan 31)                                                                                                           Related party (Note 31)
      Obligasi Berkelanjutan II                                                                                                                 Continuing Bonds II
         Maybank Finance                                                                                                                       Maybank Finance
         Tahap I Tahun 2018                                                                                                                   Phase I Year 2018
         dengan suku                                                                                                                                  with Fixed
         bunga tetap                                                                                                                              Interest Rates
                                      PT Bank                       17 Mei/
         Seri B                     Mandiri Tbk   AAA (idn)    May 17, 2023            60           8.00%              -          2.500                 Series B


      Obligasi Berkelanjutan III                                                                                                                Continuing Bonds III
         Maybank Finance                                                                                                                       Maybank Finance
         Tahap I Tahun 2021                                                                                                                   Phase II Year 2021
         dengan suku                                                                                                                                   with Fixed
         bunga tetap                                                                                                                              Interest Rates
                                      PT Bank                       23 Jun/
         Seri A                     Mandiri Tbk   AAA (idn)    Jun 23, 2024            36           6,30%        47.500          50.500                 Series A

      Obligasi Berkelanjutan III                                                                                                                Continuing Bonds III
         Maybank Finance                                                                                                                       Maybank Finance
         Tahap II Tahun 2022                                                                                                                  Phase II Year 2022
         dengan suku                                                                                                                                   with Fixed
         bunga tetap                                                                                                                              Interest Rates
                                      PT Bank                       30 Mar/
         Seri A                     Mandiri Tbk   AAA (idn)    Mar 30, 2025            36           5,80%        52.000          51.000                 Series A

      Dikurangi: Beban emisi
         obligasi yang belum                                                                                                                Less: Unamortized bonds
         diamortisasi                                                                                              (100)           (256)            issuance cost

      Total pihak berelasi                                                                                       99.400         103.744           Total related party


   Pihak Ketiga                                                                                                                                        Third parties

      Obligasi Berkelanjutan II                                                                                                                  Continuing Bonds II
         Maybank Finance                                                                                                                        Maybank Finance
         Tahap I Tahun 2018                                                                                                                    Phase I Year 2018
         dengan suku                                                                                                                                   with Fixed
         bunga tetap                                                                                                                               Interest Rates
                                      PT Bank                      17 Mei/
         Seri B                     Mandiri Tbk   AAA (idn)    May 17, 2023            60           8,00%              -         97.500                 Series B

      Obligasi Berkelanjutan II                                                                                                                 Continuing Bonds II
         Maybank Finance                                                                                                                       Maybank Finance
         Tahap II Tahun 2019                                                                                                                  Phase II Year 2019
         dengan suku                                                                                                                                   with Fixed
         bunga tetap                                                                                                                              Interest Rates

         Seri B                     Mandiri Tbk   AAA (idn)    Apr 2, 2024             60           9,35%       350.000         350.000                 Series B

      Obligasi Berkelanjutan III                                                                                                                Continuing Bonds III
         Maybank Finance                                                                                                                        Maybank Finance
         Tahap I Tahun 2021                                                                                                                    Phase I Year 2021
         dengan suku                                                                                                                                   with Fixed
         bunga tetap                                                                                                                              Interest Rates
                                      PT Bank                       23 Jun/
         Seri A                     Mandiri Tbk   AAA (idn)    Jun 23, 2024            36           6,30%       452.500         449.500                 Series A

      Obligasi Berkelanjutan III                                                                                                                Continuing Bonds III
         Maybank Finance                                                                                                                       Maybank Finance
         Tahap II Tahun 2022                                                                                                                  Phase II Year 2022
         dengan suku                                                                                                                                   with Fixed
         bunga tetap                                                                                                                              Interest Rates
                                      PT Bank                       30 Mar/
         Seri A                     Mandiri Tbk   AAA (idn)    Mar 30, 2025            36           5,80%       748.000         749.000                 Series A
      Dikurangi: Beban emisi
         obligasi yang belum                                                                                                                Less: Unamortized bonds
         diamortisasi                                                                                            (1.276)          (3.138)           issuance cost

      Total pihak ketiga                                                                                       1.549.224       1.642.862           Total third parties

      Total nilai tercatat                                                                                     1.648.624       1.746.606     Total carrying amount




                                                                               77
Page 367
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                    PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                    As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                             and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                       unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                  16. BONDS PAYABLE (continued)

   a. OBLIGASI BERKELANJUTAN I                                    a.    CONTINUING BONDS I
     Obligasi Berkelanjutan I Maybank Finance                            Continuing Bonds I Maybank Finance
     Tahap IV Tahun 2017 dengan Tingkat Bunga                            Phase IV Year 2017 with Fixed Interest
     Tetap                                                               Rate

     Pada tanggal 15 November 2017, Perusahaan                           On November 15, 2017, the Company
     menerbitkan Obligasi Berkelanjutan I Maybank                        issued Continuing Bonds I Maybank Finance
     Finance Tahap IV Tahun 2017 dengan Tingkat                          Phase IV Year 2017 with Fixed Interest Rate
     Bunga Tetap (“Obligasi Berkelanjutan I Maybank                      (“Continuing Bonds I Maybank Finance
     Finance Tahap IV”) nilai nominal sebesar                            Phase IV”) with nominal value amounting to
     Rp1.200.000, yang ditawarkan pada nilai nominal.                    Rp1,200,000, which were offered at par.
     Obligasi Berkelanjutan I Maybank Finance Tahap                      These Continuing Bonds I Maybank Finance
     IV ini merupakan obligasi berseri yang meliputi                     Phase IV are series bonds consisting of
     Obligasi Berkelanjutan I Tahap IV Seri A dengan                     Continuing Bonds I Maybank Finance Phase
     nilai nominal sebesar Rp1.150.000 dengan                            IV Series A with nominal value of
     tingkat suku bunga tetap sebesar 7,65% per                          Rp1,150,000 and a fixed interest rate at
     tahun dan Obligasi Berkelanjutan I Tahap IV Seri                    7.65% per annum and Continuing Bonds I
     B dengan nilai nominal sebesar Rp50.000 dengan                      Maybank Finance Phase IV Series B with a
     tingkat suku bunga tetap sebesar 7,90% per                          nominal value of Rp50,000 and a fixed
     tahun.                                                              interest rate at 7.90% per annum.


     Penggunaan dana yang diperoleh dari hasil                           The fund acquired from the bonds issuance,
     penerbitan obligasi ini, setelah dikurangi dengan                   after deducted by issuance cost, is used by
     biaya-biaya emisi, dipergunakan sepenuhnya                          the Company as working capital for
     oleh    Perusahaan       sebagai    modal    kerja                  financing in accordance with the Company’s
     pembiayaan sebagaimana yang ditentukan oleh                         license under the prevailing provisions and
     izin yang dimiliki Perusahaan berdasarkan                           regulations.
     ketentuan dan perundang-undangan yang
     berlaku.

     Bunga obligasi dibayarkan setiap 3 (tiga) bulan                     Interest on bonds is paid on a quarterly
     sejak tanggal penerbitan emisi, sesuai dengan                       basis, starting from the issuance date. The
     tanggal pembayaran masing-masing bunga                              first bonds interest payment was paid on
     obligasi. Pembayaran bunga obligasi pertama                         February 15, 2018. The last interest
     pada tanggal 15 Februari 2018. Tanggal                              payment date and the due date will be on
     pembayaran bunga obligasi terakhir sekaligus                        November 15, 2020 for Series A and
     jatuh tempo obligasi masing-masing adalah                           November 15, 2022 for Series B.
     pada tanggal 15 November 2020 untuk Seri A
     dan tanggal 15 November 2022 untuk Seri B.


     Obligasi Berkelanjutan I Maybank Finance Tahap                      Continuing Bonds I Maybank Finance Phase
     IV Seri A telah dilunasi pada tanggal                               IV Series A was fully paid on November 15,
     15 November 2020 dan Seri B telah dilunasi                          2020 and Series B was fully paid on
     pada tanggal 15 November 2022.                                      November 15, 2022.

     Berdasarkan surat dari PT Fitch Ratings                             Based on letter from PT Fitch Ratings
     Indonesia No. 041/DIR/RATLTR/III/2022 tanggal                       Indonesia No. 041/DIR/RATLTR/III/2022
     7 Maret 2022, PUB Obligasi Berkelanjutan I                          dated March 7, 2022, continuous Bond I
     Maybank Finance Tahap IV tahun 2022 telah                           Phase IV Maybank Finance Year 2022 was
     mendapat peringkat “AA+(idn)”.                                      rated “AA+(idn)”.

     Persyaratan dalam Obligasi Berkelanjutan I                          The Covenants of Continuing Bonds I
     Maybank Finance Tahap IV dengan Tingkat                             Maybank Finance Phase IV with Fixed
     Suku Bunga Tetap adalah sebagai berikut:                            Interest Rate are as follows:




                                                          78
Page 368
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                    PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                    As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                             and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                       unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                  16. BONDS PAYABLE (continued)

   a. OBLIGASI BERKELANJUTAN I (lanjutan)                         b.    CONTINUING BONDS I (continued)

     Persyaratan dalam Obligasi Berkelanjutan I                          Covenants of Continuing                Bonds      I
     Maybank Finance Tahap IV                                            Maybank Finance Phase IV


     a. Tanpa persetujuan tertulis dari Wali Amanat,                     a. Without the written consent from the
        Perusahaan tidak diperkenankan melakukan                           Trustee, the Company              shall   not
        tindakan-tindakan antara lain melakukan                            undertake, among others, merger or
        penggabungan atau peleburan usaha atau                             business combination, or take over or give
        pengambilalihan        atau       memberikan                       approval to subsidiary (if any) to conduct
        persetujuan kepada anak perusahaan (jika                           merger or business combination, or take
        ada) untuk melakukan penggabungan atau                             over except for the merger or business
        peleburan atau pengambilalihan kecuali                             combination or taking over is executed
        penggabungan       atau     peleburan     atau                     with the company with same business and
        pengambilalihan yang dilakukan dengan atau                         will not have a negative effect to the
        pada perusahaan yang bidang usahanya                               Company, and will not have any impact to
        sama dan tidak akan mempunyai akibat yang                          the Company’s ability to pay the bonds
        negatif terhadap jalannya usaha Perusahaan,                        principal and/or pay the bonds interest;
        dan tidak mempengaruhi kemampuan                                   and/or, making other payment in the
        Perusahaan dalam melakukan pelunasan                               period as long as the Company has not
        Pokok Obligasi dan/atau pembayaran Bunga                           paid any payable amount; provides loan to
        Obligasi; membayar atau membuat atau                               the affiliated party for more than 30% of
        melakukan pembayaran lain pada tahun buku                          Company’s equity; change the main
        Perusahaan selama Perusahaan tidak                                 business of the Company; and/or give
        melakukan pembayaran jumlah terhutang;                             permission to subsidiary to change its
        memberi pinjaman kepada pihak afiliasi lebih                       main business (if any); decrease in the
        dari 30% ekuitas Perusahaan; mengubah                              authorized and/or issued and/or paid-up
        bidang usaha utama Perusahaan; dan/atau                            capital of the Company; hold any form of
        memberikan ijin atau persetujuan kepada                            cooperation; profit sharing or other similar
        anak     perusahaan     (jika   ada)     untuk                     agreement outside the Company’s daily
        mengadakan perubahan bidang usaha;                                 activities or held a management
        melakukan penurunan modal dasar dan/atau                           agreement or other similar agreement,
        modal ditempatkan dan/atau modal disetor                           that resulted in the activities/operations of
        Perusahaan; mengadakan segala bentuk                               the Company being governed by the other
        kerjasama, bagi hasil atau perjanjian serupa                       party; transfer assets of the Company with
        lainnya di luar kegiatan usaha Perusahaan                          the value of the transaction exceeding
        sehari-hari atau mengadakan perjanjian                             40% of equity, unless the transfer of
        manajemen atau perjanjian serupa lainnya                           receivables in order to sustain day-to-day
        yang      mengakibatkan       kegiatan/operasi                     operation; issuing bonds or other similar
        Perusahaan     diatur    oleh    pihak    lain;                    debt instruments which have higher
        mengalihkan harta kekayaan Perusahaan                              preference collateral ratio
        dengan nilai transaksi melebihi 40% dari
        ekuitas, kecuali pengalihan piutang dalam
        rangka menjalankan kegiatan usahanya
        sehari-hari; dan melakukan pengeluaran
        obligasi atau instrumen utang lain yang
        sejenis dengan obligasi dengan jaminan
        preferen yang memiliki rasio jaminan lebih
        tinggi.




                                                          79
Page 369
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                   As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                            and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                      unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                  16. BONDS PAYABLE (continued)

   a. OBLIGASI BERKELANJUTAN I (lanjutan)                          a. CONTINUING BONDS I (continued)

     Persyaratan     dalam    dan     Obligasi                         Covenants of Continuing Bonds I Maybank
     Berkelanjutan I Maybank Finance Tahap IV                          Finance Phase IV (continued)
     (lanjutan)

     Persyaratan dalam Obligasi Berkelanjutan I                        The Covenants of Continuing Bonds I Maybank
     Maybank Finance Tahap IV dengan Tingkat                           Finance Phase IV with Fixed Interest Rate are
     Suku Bunga Tetap adalah sebagai berikut                           as follows (continued):
     (lanjutan):

     b. Mempertahankan jaminan agar nilainya selalu                    b. Maintain the value of collateral at minimum
        sekurang-kurangnya sebesar 50% dari nilai                         of 50% of the bonds nominal value. If the
        nominal obligasi. Apabila nilai jaminan kurang                    value of collateral was less than 50% of
        dari 50% dari nilai nominal obligasi atau                         bonds nominal value or in case of
        dalam     hal    terjadi   penurunan      hasil                   decreasing in rating less than the required
        pemeringkatan sehingga lebih rendah dari                          rating, the Company has to pay the deficit
        peringkat yang ditentukan maka Perusahaan                         with cash.
        wajib menyetorkan kekurangannya dengan
        uang tunai.

     c. Memastikan rasio jumlah pinjaman terhadap                      c. Ensure that the Debt to Equity Ratio is
        ekuitas tidak melebihi rasio 10:1 (sepuluh                        maximum of 10:1 (ten to one) as reflected
        berbanding satu) dalam laporan keuangan                           in the Company’s audited annual financial
        tahunan Perusahaan yang telah diaudit atau                        statements    or   half-year     financial
        laporan keuangan tengah tahunan yang                              statements.
        terakhir.

     d. Mempertahankan         hasil   pemeringkatan                   d. Maintain the result of bonds rating, which
        obligasi, tidak lebih rendah dari hasil                           should not be lower than result at the time
        pemeringkatan pada saat emisi, yaitu AA+                          of bonds issuance, which was AA+ (idn). If
        (idn). Apabila hasil pemeringkatan mengalami                      the result of the rating decreases and the
        penurunan sehingga hasil pemeringkatan:                           result of the rating will:

        I. Menjadi id AA dari PT Fitch Ratings                             I. Become id AA from PT Fitch Ratings
           Indonesia atau yang setara dengan hasil                            Indonesia or equivalent if the rating
           pemeringkatan      tersebut dalam    hal                           result was performed by rating company
           pemeringkatan dilakukan oleh Perusahaan                            besides PT Fitch Ratings Indonesia, the
           pemeringkat                       selain                           Company has an obligation to top-up a
           PT Fitch Ratings Indonesia maka                                    minimum of additional collateral to
           Perusahaan berkewajiban menambah                                   become at 60% of bonds principal
           jaminan menjadi sekurang-kurangnya 60%                             amount.
           dari nilai pokok obligasi.

        II. Menjadi id AA- dari PT Fitch Ratings                           II. Become id AA- from PT Fitch Ratings
            Indonesia atau yang setara dengan hasil                            Indonesia or equivalent if the rating
            pemeringkatan      tersebut dalam    hal                           result was performed by rating company
            pemeringkatan dilakukan oleh Perusahaan                            besides PT Fitch Ratings Indonesia, the
            pemeringkat                       selain                           Company has an obligation to top-up a
            PT Fitch Ratings Indonesia maka                                    minimum of additional collateral to
            Perusahaan berkewajiban menambah                                   become at 70% of bonds principal
            jaminan menjadi sekurang-kurangnya 70%                             amount.
            dari nilai pokok obligasi.




                                                          80
Page 370
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                  PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                  As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                           and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                              (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                     unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                 16. BONDS PAYABLE (continued)

   a. OBLIGASI BERKELANJUTAN I (lanjutan)                        a. CONTINUING BONDS I (continued)

     Persyaratan     dalam    dan     Obligasi                        Covenants of Continuing Bonds I Maybank
     Berkelanjutan I Maybank Finance Tahap IV                         Finance Phase IV (continued)
     (lanjutan)

     Persyaratan dalam Obligasi Berkelanjutan I                       The Covenants of Continuing Bonds I Maybank
     Maybank Finance Tahap IV dengan Tingkat                          Finance Phase IV with Fixed Interest Rate are
     Suku Bunga Tetap adalah sebagai berikut                          as follows (continued):
     (lanjutan):

     d. Mempertahankan         hasil   pemeringkatan                  d.    Maintain the result of bonds rating, which
        obligasi, tidak lebih rendah dari hasil                             should not be lower than result at the time
        pemeringkatan pada saat emisi, yaitu AA+                            of bonds issuance, which was AA+ (idn). If
        (idn). Apabila hasil pemeringkatan mengalami                        the result of the rating decreases and the
        penurunan sehingga hasil pemeringkatan                              result of the rating will (continued):
        (lanjutan):

        III. Menjadi id A+ dari PT Fitch Ratings                            III. Become id A+ from PT Fitch Ratings
             Indonesia atau yang setara dengan hasil                             Indonesia or equivalent if the rating
             pemeringkatan      tersebut dalam    hal                            result was performed by other rating
             pemeringkatan dilakukan oleh Perusahaan                             agency other than PT Fitch Ratings
             pemeringkat                       selain                            Indonesia, the Company has an
             PT Fitch Ratings Indonesia maka                                     obligation to top-up a minimum of
             Perusahaan berkewajiban menambah                                    additional collateral to become 80% of
             jaminan menjadi sekurang-kurangnya 80%                              bonds principal.
             dari nilai pokok obligasi.

        IV. Menjadi id A dari PT Fitch Ratings                             IV. Become id A from PT Fitch Ratings
            Indonesia atau yang setara dengan hasil                            Indonesia or equivalent if the rating result
            pemeringkatan      tersebut dalam    hal                           was performed by other rating agency
            pemeringkatan dilakukan oleh Perusahaan                            other than PT Fitch Ratings Indonesia,
            pemeringkat                       selain                           the Company has an obligation to top-up
            PT Fitch Ratings Indonesia maka                                    a minimum of additional collateral to
            Perusahaan berkewajiban menambah                                   become 90% of bonds principal.
            jaminan menjadi sekurang-kurangnya 90%
            dari nilai pokok obligasi.

        V. Menjadi id A- dari PT Fitch Ratings                             V. Become id A- from PT Fitch Ratings
           Indonesia atau yang setara dengan hasil                            Indonesia or equivalent if the rating result
           pemeringkatan     tersebut     dalam    hal                        was performed by other rating agency
           pemeringkatan dilakukan oleh Perusahaan                            other than PT Fitch Ratings Indonesia,
           pemeringkat                          selain                        the Company has an obligation to top-up
           PT Fitch Ratings Indonesia maka                                    a minimum of additional collateral to
           Perusahaan berkewajiban menambah                                   become 100% of bonds principal.
           jaminan menjadi sekurang-kurangnya
           100% dari nilai pokok obligasi.




                                                         81
Page 371
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                   As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                            and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                      unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                  16. BONDS PAYABLE (continued)

   b. OBLIGASI BERKELANJUTAN II                                   b. CONTINUING BONDS II

     Obligasi Berkelanjutan II Maybank Finance                       Continuing Bonds II Maybank Finance
     Tahap I Tahun 2018 dengan Tingkat Bunga                         Phase I Year 2018 with Fixed Interest Rate
     Tetap

     Pada tanggal 17 Mei 2018, Perusahaan                            On May 17, 2018, the Company issued
     menerbitkan Penawaran Umum Berkelanjutan                        continuing public offering of the continuous
     Obligasi Berkelanjutan II Maybank Finance                       Bonds II Phase I Maybank Finance year 2018
     Tahap I Tahun 2018 dengan Tingkat Bunga                         with fixed Interest Rate (Continuous Bonds II)
     Tetap (PUB Obligasi Berkelanjutan II) dengan                    with nominal value amounting to Rp500,000,
     nilai nominal sebesar Rp500.000, yang                           which were offered at par. These continuous
     ditawarkan pada nilai nominal. PUB Obligasi                     Bonds II Phase I are series bonds consisting of
     Berkelanjutan II ini merupakan obligasi berseri                 continuous Bonds II Phase I Series A with
     yang meliputi Obligasi Berkelanjutan II Seri A                  nominal value of Rp400,000 and a fixed interest
     dengan nilai nominal sebesar Rp400.000 dengan                   rate at 7.75% per annum and continuous Bonds
     tingkat suku bunga tetap sebesar 7,75% per                      II Phase I Series B with a nominal value of
     tahun dan PUB Obligasi Berkelanjutan II Seri B                  Rp100,000 and a fixed interest rate at 8.00%
     dengan nilai nominal sebesar Rp100.000 dengan                   per annum.
     tingkat suku bunga tetap sebesar 8,00% per
     tahun.

     Penggunaan dana yang diperoleh dari hasil                       The fund acquired from the bonds issuance,
     penerbitan obligasi ini, setelah dikurangi dengan               after deducted by issuance cost, is used by the
     biaya-biaya emisi, dipergunakan sepenuhnya                      Company as working capital for financing in
     oleh    Perusahaan sebagai modal             kerja              accordance with the Company’s license under
     pembiayaan sebagaimana yang ditentukan oleh                     the prevailing provisions and regulations.
     izin yang dimiliki Perusahaan berdasarkan
     ketentuan dan perundang-undangan yang
     berlaku.

     Bunga obligasi dibayarkan setiap 3 (tiga) bulan                 Interest on bonds is paid on a quarterly basis,
     sejak tanggal penerbitan emisi, sesuai dengan                   starting from the issuance date. The first bonds
     tanggal pembayaran masing-masing bunga                          interest     payment      was       paid      on
     obligasi. Pembayaran bunga obligasi pertama                     August 17, 2018. The last interest payment date
     pada tanggal 17 Agustus 2018. Tanggal                           and the due date will be on May 17, 2021 for
     pembayaran bunga obligasi terakhir sekaligus                    Series A and May 17, 2023 for Series B.
     jatuh tempo obligasi masing-masing adalah pada
     tanggal 17 Mei 2021 untuk Seri A dan tanggal
     17 Mei 2023 untuk Seri B.

     PUB Obligasi Berkelanjutan II ini dijamin dengan                The Bonds are secured by the fiduciary transfers
     piutang berupa piutang pembiayaan konsumen                      in form of consumer financing and/or finance
     dan/atau sewa guna usaha dan/atau piutang lain                  lease, and/or other current receivables in
     yang timbul sehubungan dengan kegiatan usaha                    connection with the Company activities
     yang dilakukan Perusahaan yang belum jatuh                      conducted by entity which has not matured or
     tempo atau tidak tertunggak pembayarannya                       overdue more than 90 (ninety) days after the last
     lebih dari jangka waktu 90 (sembilan puluh) hari                installment with the collateral value at a
     kalender setelah angsuran terakhir jatuh tempo,                 minimum of 50% of the amount of bonds
     dengan nilai jaminan sekurang-kurangnya                         principal (Note 6).
     sebesar 50% dari pokok obligasi (Catatan 6).




                                                          82
Page 372
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                   As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                            and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                      unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                  16. BONDS PAYABLE (continued)

   b. OBLIGASI BERKELANJUTAN II (lanjutan)                        b. CONTINUING BONDS II (continued)

     Obligasi Berkelanjutan II Maybank Finance                       Continuing Bonds II Maybank Finance
     Tahap I Tahun 2018 dengan Tingkat Bunga                         Phase I Year 2018 with Fixed Interest Rate
     Tetap (lanjutan)                                                (continued)

     Obligasi Berkelanjutan II Maybank Finance                       Continuing Bonds II Maybank Finance Phase I
     Tahap I Tahun 2018 Seri A dan seri B telah                      Year 2018 Series A and B were fully paid on
     dilunasi masing-masing pada tanggal 10 Mei                      May 10, 2021 and May 17, 2023, respectively.
     2021 dan 17 Mei 2023.

     Berdasarkan surat dari PT Fitch Ratings                          Based on letter from PT Fitch Ratings Indonesia
     Indonesia No.196/DIR/RATLTR/XII/2022 tanggal                     No. 196/DIR/RATLTR/XII/2022 dated December
     16 Desember 2022, PUB Obligasi Berkelanjutan                     16, 2022, continuous Bond II Phase I Maybank
     II Maybank Finance Tahap I tahun 2018 telah                      Finance Year 2018 was rated “AAA(idn)”.
     mendapat peringkat “AAA(idn)”.

     Obligasi Berkelanjutan II Maybank Finance                       Continuing Bonds II Maybank Finance
     Tahap II Tahun 2019 dengan Tingkat Bunga                        Phase II Year 2019 with Fixed Interest Rate
     Tetap

     Pada tanggal 2 April 2019, Perusahaan                           On April 2, 2019, the Company issued
     menerbitkan Obligasi Berkelanjutan II Maybank                   Continuing Bonds II Maybank Finance Phase II
     Finance Tahap II Tahun 2019 dengan Tingkat                      Year 2019 with Fixed Interest Rate (“Continuing
     Bunga Tetap (“Obligasi Berkelanjutan II Maybank                 Bonds II Maybank Finance Phase II”) with
     Finance Tahap II”) nilai nominal sebesar                        nominal value amounting to Rp1,000,000,
     Rp1.000.000, yang ditawarkan pada nilai                         which were offered at par. These Continuing
     nominal. Obligasi Berkelanjutan II Maybank                      Bonds II Maybank Finance Phase II are series
     Finance Tahap II ini merupakan obligasi berseri                 bonds consisting of Continuing Bonds II
                                                                     Maybank Finance Phase II Series A with
     yang meliputi Obligasi Berkelanjutan II Maybank
                                                                     nominal value of Rp650,000 and a fixed
     Finance Tahap II Seri A dengan nilai nominal
                                                                     interest rate at 9.00% per annum and
     sebesar Rp650.000 dengan tingkat suku bunga                     Continuing Bonds II Maybank Finance Phase II
     tetap sebesar 9,00% per tahun dan Obligasi                      Series B with a nominal value of Rp350,000
     Berkelanjutan II Maybank Finance Tahap II Seri                  and a fixed interest rate at 9.35% per annum.
     B dengan nilai nominal sebesar Rp350.000
     dengan tingkat suku bunga tetap sebesar 9,35%
     per tahun.

     Penggunaan dana yang diperoleh dari hasil                       The fund acquired from the bonds issuance,
     penerbitan obligasi ini, setelah dikurangi dengan               after deducted by issuance cost, is used by the
     biaya-biaya emisi, dipergunakan sepenuhnya                      Company as working capital for financing in
     oleh    Perusahaan       sebagai    modal    kerja              accordance with the Company’s license under
     pembiayaan sebagaimana yang ditentukan oleh                     the prevailing provisions and regulations.
     izin yang dimiliki Perusahaan berdasarkan
     ketentuan dan perundang-undangan yang
     berlaku.

     Bunga obligasi dibayarkan setiap 3 (tiga) bulan                 Interest on bonds is paid on a quarterly basis,
     sejak tanggal penerbitan emisi, sesuai dengan                   starting from the issuance date. The first bonds
     tanggal pembayaran masing-masing bunga                          interest payment was paid on July 2, 2019. The
     obligasi. Pembayaran bunga obligasi pertama                     last interest payment date and the due date will
     pada tanggal 2 Juli 2019. Tanggal pembayaran                    be on April 2, 2022 for Series A and April 2,
     bunga obligasi terakhir sekaligus jatuh tempo                   2024 for Series B.
     obligasi masing-masing adalah pada tanggal
     2 April 2022 untuk Seri A dan tanggal
     2 April 2024 untuk Seri B.



                                                          83
Page 373
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                  PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                  As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                           and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                              (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                     unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                 16. BONDS PAYABLE (continued)

   b. OBLIGASI BERKELANJUTAN II (lanjutan)                       b. CONTINUING BONDS II (continued)

     Obligasi Berkelanjutan II Maybank Finance                      Continuing Bonds II Maybank Finance
     Tahap II Tahun 2019 dengan Tingkat Bunga                       Phase II Year 2019 with Fixed Interest Rate
     Tetap (lanjutan)                                               (continued)

     PUB Obligasi Berkelanjutan II ini dijamin dengan                 The Bonds are secured by the fiduciary
     piutang berupa piutang pembiayaan konsumen                       transfers in form of consumer financing and/or
     dan/atau sewa guna usaha dan/atau piutang lain                   finance lease, and/or other current receivables
     yang timbul sehubungan dengan kegiatan usaha                     in connection with the Company activities
     yang dilakukan Perusahaan yang belum jatuh                       conducted by entity which has not matured or
     tempo atau tidak tertunggak pembayarannya lebih                  overdue more than 90 (ninety) days after the
     dari jangka waktu 90 (sembilan puluh) hari                       last installment with the collateral value at a
     kalender setelah angsuran terakhir jatuh tempo,                  minimum of 50% of the amount of bonds
     dengan    nilai   jaminan    sekurang-kurangnya                  principal.
     sebesar 50% dari pokok obligasi.

     Obligasi Berkelanjutan II Maybank Finance Tahap                 Continuing Bonds II Maybank Finance Phase II
     II Tahun 2019 Seri A telah dilunasi pada tanggal                Year 2019 Series A was fully paid on March
     30 Maret 2022.                                                  30, 2022.

     Berdasarkan surat dari PT Fitch Ratings                        Based on letter from PT Fitch Ratings
     Indonesia No.206/DIR/RATLTR/XII/2023 tanggal                   Indonesia    No.  206/DIR/RATLTR/XII/2023
     8 Desember 2023, PUB Obligasi Berkelanjutan II                 dated December 8, 2023, continuous Bond II
     Maybank Finance Tahap II tahun 2019 telah                      Phase II Maybank Finance Year 2019 was
     mendapat peringkat “AAA(idn)”.                                 rated “AAA(idn)”.
     Persyaratan dalam Obligasi Berkelanjutan II                    Covenants of Continuing Bonds II Maybank
     Maybank Finance Tahap I & II                                   Finance Phase I & II

     Persyaratan dalam PUB Obligasi Berkelanjutan II                The Covenants of Continuing Bonds II Maybank
     Maybank Finance Tahap I dan II dengan Tingkat                  Finance Phase I and II with Fixed Interest Rate
     Suku Bunga Tetap adalah sebagai berikut:                       are as follows:

     a. Tanpa persetujuan tertulis dari Wali Amanat,                    a. Without the written consent from the
        Perusahaan tidak diperkenankan melakukan                           Trustee, the Company shall not undertake,
        tindakan-tindakan antara lain melakukan                            among others, merger or business
        penggabungan atau peleburan usaha atau                             combination, or take over or give approval
        pengambilalihan atau memberikan persetujuan                        to subsidiary (if any) to merger or business
        kepada anak perusahaan (jika ada) untuk                            combination, or taking over except the
        melakukan penggabungan atau peleburan                              merger or business combination or taking
        atau pengambilalihan kecuali penggabungan                          over is executed with the company with
        atau peleburan atau pengambilalihan yang                           same business and will not have a
        dilakukan dengan atau pada perusahaan yang                         negative effect to the Company, and will
        bidang usahanya sama dan tidak akan                                not have any impact to the Company’s
        mempunyai akibat yang negatif terhadap                             ability to pay the bonds principal and/or
        jalannya usaha Perusahaan, dan tidak                               pay the bonds interest; and/or, making
        mempengaruhi      kemampuan       Perusahaan                       other payment in the period as long as the
        dalam melakukan pelunasan Pokok Obligasi                           Company has not paid any payable
        dan/atau     pembayaran     Bunga    Obligasi;                     amount; provides loan to the affiliated
        membayar atau membuat atau melakukan                               party for more than 30% of Company’s
        pembayaran lain pada tahun buku Perusahaan                         equity; change the main business of the
        selama      Perusahaan    tidak    melakukan                       Company; and/or give permission to
        pembayaran jumlah terutang; memberi                                subsidiary to change its main business (if
        pinjaman kepada pihak afiliasi lebih dari 30%                      any);
        ekuitas Perusahaan; mengubah bidang usaha
        utama Perusahaan; dan/atau memberikan izin
        atau persetujuan kepada anak perusahaan
        (jika ada) untuk mengadakan perubahan
        bidang usaha;
                                                         84
Page 374
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                    PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                    As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                             and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                       unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                 16. BONDS PAYABLE (continued)

   b. OBLIGASI BERKELANJUTAN II (lanjutan)                        b.        CONTINUING BONDS II (continued)

     Persyaratan dalam Obligasi Berkelanjutan II                            Covenants of Continuing Bonds II
     Maybank Finance Tahap I & II (lanjutan)                                Maybank Finance Phase I & II (continued)

     Persyaratan dalam PUB Obligasi Berkelanjutan II                        The Covenants of Continuing Bonds II
     Maybank Finance Tahap I dan II dengan Tingkat                          Maybank Finance Phase I and II with Fixed
     Suku Bunga Tetap adalah sebagai berikut                                Interest Rate are as follows (continued):
     (lanjutan):

     a. melakukan penurunan modal dasar dan/atau                       a. decrease in the authorized and/or issued
        modal ditempatkan dan/atau modal disetor                          and/or paid-up capital of the Company; hold
        Perusahaan; mengadakan segala bentuk                              any form of cooperation; profit sharing or
        kerjasama,bagi hasil atau perjanjian serupa                       other similar agreement outside the
        lainnya di luar kegiatan usaha Perusahaan                         Company’s daily activities or hold a
        sehari-hari atau mengadakan perjanjian                            management agreement or other similar
        manajemen atau perjanjian serupa lainnya                          agreement,       that    resulted   in   the
        yang     mengakibatkan       kegiatan/operasi                     activities/operations of the Company being
        Perusahaan     diatur   oleh    pihak    lain;                    governed by the other party; transfer assets
        mengalihkan harta kekayaan Perusahaan                             of the Company with the value of the
        dengan nilai transaksi melebihi 40% dari                          transaction exceeding 40% of equity, unless
        ekuitas, kecuali pengalihan piutang dalam                         the transfer of receivables is in order to
        rangka menjalankan kegiatan usahanya                              sustain day-to-day operation; issuing bonds
        sehari-hari; dan melakukan pengeluaran                            or other similar debt instruments which have
        obligasi atau instrumen utang lain yang                           higher preference collateral ratio.
        sejenis dengan obligasi dengan jaminan
        preferen yang memiliki rasio jaminan lebih
        tinggi.

     b. Mempertahankan jaminan agar nilainya                           b.     Maintain the value of collateral at minimum
        selalu sekurang-kurangnya sebesar 50% dari                            of 50% of the bonds nominal value. If the
        nilai nominal obligasi. Apabila nilai jaminan                         value of collateral was less than 50% of
        kurang dari 50% dari nilai nominal obligasi                           bonds nominal value or in case of
        atau dalam hal terjadi penurunan hasil                                decreasing in rating less than the required
        pemeringkatan sehingga lebih rendah dari                              rating, the Company has to pay the deficit
        peringkat yang ditentukan maka Perusahaan                             with cash.
        wajib menyetorkan kekurangannya dengan
        uang tunai.

     c. Memastikan rasio jumlah pinjaman terhadap                      c.    Ensure that the Debt to Equity Ratio is
        ekuitas tidak melebihi rasio 10:1 (sepuluh                           maximum of 10:1 (ten to one) as reflected
        berbanding satu) dalam laporan keuangan                              in the Company’s audited annual financial
        tahunan Perusahaan yang telah diaudit atau                           statements    or   half-year    financial
        laporan keuangan tengah tahunan yang                                 statements.
        terakhir.




                                                         85
Page 375
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                      As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                               and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                         unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                   16. BONDS PAYABLE (continued)

   b. OBLIGASI BERKELANJUTAN II (lanjutan)                          b.        CONTINUING BONDS II (continued)

     Persyaratan dalam Obligasi Berkelanjutan II                              Covenants of Continuing Bonds II
     Maybank Finance Tahap I & II (lanjutan)                                  Maybank Finance Phase I & II (continued)

     Persyaratan dalam PUB Obligasi Berkelanjutan II                          The Covenants of Continuing Bonds II
     Maybank Finance Tahap I dan II dengan Tingkat                            Maybank Finance Phase I and II with Fixed
     Suku Bunga Tetap adalah sebagai berikut                                  Interest Rate are as follows (continued):
     (lanjutan):

     d. Mempertahankan      hasil  pemeringkatan                         d.    Maintain the result of bonds rating, which
        obligasi, tidak lebih rendah dari hasil                                should not be lower than result at the time
        pemeringkatan pada saat emisi, yaitu AA+                               of bonds issuance, which was AA+ (idn). If
        (idn).    Apabila   hasil  pemeringkatan                               the result of the rating decreases and the
        mengalami penurunan sehingga hasil                                     result of the rating will:
        pemeringkatan:

        I.    Menjadi id AA dari PT Fitch Ratings                              I.     Become id AA from PT Fitch Ratings
              Indonesia atau yang setara dengan hasil                                 Indonesia or equivalent if the rating
              pemeringkatan tersebut dalam hal                                        result was performed by rating
              pemeringkatan        dilakukan    oleh                                  company besides PT Fitch Ratings
              Perusahaan        pemeringkat    selain                                 Indonesia, the Company has an
              PT Fitch Ratings Indonesia maka                                         obligation to top-up a minimum of
              Perusahaan berkewajiban menambah                                        additional collateral to become at 60%
              jaminan menjadi sekurang-kurangnya                                      of bonds principal amount.
              60% dari nilai pokok obligasi.

        II.   Menjadi id AA- dari PT Fitch Ratings                              II.   Become id AA- from PT Fitch Ratings
              Indonesia atau yang setara dengan hasil                                 Indonesia or equivalent if the rating
              pemeringkatan tersebut dalam hal                                        result was performed by rating company
              pemeringkatan        dilakukan    oleh                                  besides PT Fitch Ratings Indonesia, the
              Perusahaan        pemeringkat    selain                                 Company has an obligation to top-up a
              PT Fitch Ratings Indonesia maka                                         minimum of additional collateral to
              Perusahaan berkewajiban menambah                                        become at 70% of bonds principal
              jaminan menjadi sekurang-kurangnya                                      amount.
              70% dari nilai pokok obligasi.

        III. Menjadi id A+ dari PT Fitch Ratings                                III. Become id A+ from PT Fitch Ratings
             Indonesia atau yang setara dengan hasil                                 Indonesia or equivalent if the rating
             pemeringkatan    tersebut    dalam      hal                             result was performed by other rating
             pemeringkatan dilakukan oleh Perusahaan                                 agency other than PT Fitch Ratings
             pemeringkat selain PT Fitch Ratings                                     Indonesia, the Company has an
             Indonesia maka Perusahaan berkewajiban                                  obligation to top-up a minimum of
             menambah jaminan menjadi sekurang-                                      additional collateral to become 80% of
             kurangnya 80% dari nilai pokok obligasi.                                bonds principal.


        IV. Menjadi id A dari PT Fitch Ratings                                  IV. Become id A from PT Fitch Ratings
            Indonesia atau yang setara dengan hasil                                 Indonesia or equivalent if the rating
            pemeringkatan      tersebut dalam    hal                                result was performed by other rating
            pemeringkatan dilakukan oleh Perusahaan                                 agency other than PT Fitch Ratings
            pemeringkat                       selain                                Indonesia, the Company has an
            PT Fitch Ratings Indonesia maka                                         obligation to top-up a minimum of
            Perusahaan berkewajiban menambah                                        additional collateral to become 90% of
            jaminan menjadi sekurang-kurangnya 90%                                  bonds principal.
            dari nilai pokok obligasi.


                                                           86
Page 376
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                            unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                      16. BONDS PAYABLE (continued)

   b. OBLIGASI BERKELANJUTAN II (lanjutan)                             b.     CONTINUING BONDS II (continued)

     Persyaratan dalam Obligasi Berkelanjutan II                              Covenants of Continuing Bonds II
     Maybank Finance Tahap I & II (lanjutan)                                  Maybank Finance Phase I & II (continued)

     Persyaratan dalam PUB Obligasi Berkelanjutan II                          The Covenants of Continuing Bonds II
     Maybank Finance Tahap I dan II dengan Tingkat                            Maybank Finance Phase I and II with Fixed
     Suku Bunga Tetap adalah sebagai berikut                                  Interest Rate are as follows (continued):
     (lanjutan):

      d.     Mempertahankan hasil pemeringkatan                               d. Maintain the result of bonds rating, which
            obligasi, tidak lebih rendah dari hasil                              should not be lower than result at the time
            pemeringkatan pada saat emisi, yaitu AA+                             of bonds issuance, which was AA+ (idn).
            (idn).   Apabila    hasil pemeringkatan                              If the result of the rating decreases and
            mengalami penurunan sehingga hasil                                   the result of the rating will (continued):
            pemeringkatan (lanjutan):

           V.   Menjadi id A- dari PT Fitch Ratings                             V.   Become id A- from PT Fitch Ratings
                Indonesia atau yang setara dengan hasil                              Indonesia or equivalent if the rating
                pemeringkatan     tersebut     dalam    hal                          result was performed by other rating
                pemeringkatan dilakukan oleh Perusahaan                              agency other than PT Fitch Ratings
                pemeringkat                          selain                          Indonesia, the Company has an
                PT Fitch Ratings Indonesia maka                                      obligation to top-up a minimum of
                Perusahaan berkewajiban menambah                                     additional collateral to become 100% of
                jaminan menjadi sekurang-kurangnya                                   bonds principal.
                100% dari nilai pokok obligasi.

     Pada tanggal-tanggal 31 Desember 2023 dan                              As of December 31, 2023 and 2022, the
     2022, Perusahaan telah mematuhi seluruh                                Company has complied with all important
     persyaratan    penting     sehubungan terkait                          covenants required related to the issuance of
     penerbitan utang obligasi.                                             bonds payable.

   c. OBLIGASI BERKELANJUTAN III                                      c. CONTINUING BONDS III

     Obligasi Berkelanjutan III Maybank Finance                             Continuing Bonds III Maybank Finance
     Tahap I Tahun 2021 dengan Tingkat Bunga                                Phase I Year 2021 with Fixed Interest Rate
     Tetap

     Pada tanggal 23 Juni 2021, Perusahaan                                  On June 23, 2021, the Company issued
     menerbitkan Penawaran Umum Berkelanjutan                               continuing public offering of the continuous
     Obligasi Berkelanjutan III Maybank Finance                             Bonds III Phase I Maybank Finance year 2021
     Tahap I Tahun 2021 dengan Tingkat Bunga                                with Fixed Interest Rate (Continuous Bonds III)
     Tetap (PUB Obligasi Berkelanjutan III) dengan                          with nominal value amounting to Rp500,000
     nilai nominal sebesar Rp500.000, dengan tingkat                        and a fixed interest rate at 6.30% per annum.
     suku bunga tetap sebesar 6,30% per tahun.

     Penggunaan dana yang diperoleh dari hasil                              The fund acquired from the bonds issuance,
     penerbitan obligasi ini, setelah dikurangi dengan                      after deducted by issuance cost, is used by the
     biaya-biaya emisi, dipergunakan sepenuhnya                             Company as working capital for financing in
     oleh    Perusahaan       sebagai    modal    kerja                     accordance with the Company’s license under
     pembiayaan sebagaimana yang ditentukan oleh                            the prevailing provisions and regulations.
     izin yang dimiliki Perusahaan berdasarkan
     ketentuan dan perundang-undangan yang
     berlaku.




                                                              87
Page 377
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                   As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                            and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                      unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                  16. BONDS PAYABLE (continued)

   c. OBLIGASI BERKELANJUTAN III (lanjutan)                       c. CONTINUING BONDS III (continued)

     Obligasi Berkelanjutan III Maybank Finance                      Continuing Bonds III Maybank Finance
     Tahap I Tahun 2021 dengan Tingkat Bunga                         Phase I Year 2021 with Fixed Interest Rate
     Tetap (lanjutan)                                                (continued)

     Bunga obligasi dibayarkan setiap 3 (tiga) bulan                 Interest on bonds is paid on a quarterly basis,
     sejak tanggal penerbitan emisi, sesuai dengan                   starting from the issuance date. The first bonds
     tanggal pembayaran masing-masing bunga                          interest payment was paid on September 23,
     obligasi. Pembayaran bunga obligasi pertama                     2021. The last interest payment date and the
     pada tanggal 23 September 2021. Tanggal                         due date will be on June 23, 2024.
     pembayaran bunga obligasi terakhir sekaligus
     jatuh tempo obligasi adalah pada tanggal 23 Juni
     2024.

     PUB Obligasi Berkelanjutan III ini dijamin dengan               Continuing Bonds III are secured by the
     piutang berupa piutang pembiayaan konsumen                      fiduciary transfers in the form of consumer
     dan/atau sewa guna usaha dan/atau piutang lain                  financing and/or finance lease, and/or other
     yang timbul sehubungan dengan kegiatan usaha                    current receivables in connection with the
     yang dilakukan Perusahaan yang belum jatuh                      Company activities conducted by entity which
     tempo atau tidak tertunggak pembayarannya                       has not matured or overdue more than 90
     lebih dari jangka waktu 90 (sembilan puluh) hari                (ninety) days after the last installment with the
     kalender setelah angsuran terakhir jatuh tempo,                 collateral value at a minimum of 50% of the
     dengan nilai jaminan sekurang-kurangnya                         amount of bonds principal (Note 6).
     sebesar 50% dari pokok obligasi (Catatan 6).

     Berdasarkan surat dari PT Fitch Ratings                         Based on letter from PT Fitch Ratings
     Indonesia No.206/DIR/RATLTR/XII/2023 tanggal                    Indonesia No. 206/DIR/RATLTR/XII/2023 dated
     8 Desember 2023, PUB Obligasi Berkelanjutan III                 December 8, 2023, continuous Bond III Phase I
     Maybank Finance Tahap I tahun 2021 telah                        Maybank Finance Year 2021 was rated
     mendapat peringkat “AAA(idn)”.                                  “AAA(idn)”.

     Obligasi Berkelanjutan III Maybank Finance                      Continuing Bonds III Maybank Finance
     Tahap II Tahun 2022 dengan Tingkat Bunga                        Phase II Year 2022 with Fixed Interest Rate
     Tetap

     Pada tanggal 30 Maret 2022, Perusahaan                          On March 30, 2022, the Company issued
     menerbitkan Penawaran Umum Berkelanjutan                        continuing public offering of the continuous
     Obligasi Berkelanjutan III Maybank Finance                      Bonds III Phase I Maybank Finance year 2021
     Tahap II Tahun 2022 dengan Tingkat Bunga                        with Fixed Interest Rate (Continuous Bonds III)
     Tetap (PUB Obligasi Berkelanjutan III) dengan                   with nominal value amounting to Rp800,000
     nilai nominal sebesar Rp800.000, dengan tingkat                 and a fixed interest rate at 5.80% per annum.
     suku bunga tetap sebesar 5,80% per tahun.

     Penggunaan dana yang diperoleh dari hasil                       The fund acquired from the bonds issuance,
     penerbitan obligasi ini, setelah dikurangi dengan               after deducted by issuance cost, is used by the
     biaya-biaya emisi, dipergunakan sepenuhnya                      Company as working capital for financing in
     oleh    Perusahaan       sebagai    modal    kerja              accordance with the Company’s license under
     pembiayaan sebagaimana yang ditentukan oleh                     the prevailing provisions and regulations.
     izin yang dimiliki Perusahaan berdasarkan
     ketentuan dan perundang-undangan yang
     berlaku.




                                                          88
Page 378
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                  PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                  As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                           and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                              (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                     unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                 16. BONDS PAYABLE (continued)

   c. OBLIGASI BERKELANJUTAN III (lanjutan)                      c. CONTINUING BONDS III (continued)

     Obligasi Berkelanjutan III Maybank Finance                     Continuing Bonds III Maybank Finance
     Tahap II Tahun 2022 dengan Tingkat Bunga                       Phase II Year 2022 with Fixed Interest Rate
     Tetap (lanjutan)                                               (continued)

     Bunga obligasi dibayarkan setiap 3 (tiga) bulan                Interest on bonds is paid on a quarterly basis,
     sejak tanggal penerbitan emisi, sesuai dengan                  starting from the issuance date. The first bonds
     tanggal pembayaran masing-masing bunga                         interest payment was paid on June 30, 2022.
     obligasi. Pembayaran bunga obligasi pertama                    The last interest payment date and the due
     pada tanggal 30 Juni 2022. Tanggal pembayaran                  date will be on March 30, 2025.
     bunga obligasi terakhir sekaligus jatuh tempo
     obligasi adalah pada tanggal 30 Maret 2025.

     PUB Obligasi Berkelanjutan III ini dijamin dengan              Continuing Bonds III are secured by the
     piutang berupa piutang pembiayaan konsumen                     fiduciary transfers in form of consumer
     dan/atau sewa guna usaha dan/atau piutang lain                 financing and/or finance lease, and/or other
     yang timbul sehubungan dengan kegiatan usaha                   current receivables in connection with the
     yang dilakukan Perusahaan yang belum jatuh                     Company activities conducted by entity which
     tempo atau tidak tertunggak pembayarannya                      has not matured or overdue more than 90
     lebih dari jangka waktu 90 (sembilan puluh) hari               (ninety) days after the last installment with the
     kalender setelah angsuran terakhir jatuh tempo,                collateral value at a minimum of 50% of the
     dengan nilai jaminan sekurang-kurangnya                        amount of bonds principal (Note 6).
     sebesar 50% dari pokok obligasi (Catatan 6).

     Berdasarkan surat dari PT Fitch Ratings                        Based on letter from PT Fitch Ratings
     Indonesia No.206/DIR/RATLTR/XII/2023 tanggal                   Indonesia No. 206/DIR/RATLTR/XII/2023 dated
     8 Desember 2023, PUB Obligasi Berkelanjutan                    December 8, 2023, continuous Bond III Phase
     III Maybank Finance Tahap II tahun 2022 telah                  II Maybank Finance Year 2022 was rated
     mendapat peringkat “AAA(idn)”.                                 “AAA(idn)”.

     Persyaratan dalam Obligasi Berkelanjutan III                   Covenants of Continuing Bonds III Maybank
     Maybank Finance Tahap I dan II                                 Finance Phase I and II

     Persyaratan dalam PUB Obligasi Berkelanjutan                   The Covenants of Continuing Bonds III
     III Maybank Finance Tahap I dan II dengan                      Maybank Finance Phase I and II with Fixed
     Tingkat Suku Bunga Tetap adalah sebagai                        Interest Rate are as follows:
     berikut:

      a. Tanpa persetujuan tertulis dari Wali Amanat,               a.    Without the written consent from the
         Perusahaan tidak diperkenankan melakukan                         Trustee, the Company shall not undertake,
         tindakan-tindakan antara lain melakukan                          among others, merger or business
         penggabungan atau peleburan usaha atau                           combination, or take over or give approval
         pengambilalihan        atau       memberikan                     to subsidiary (if any) to merger or business
         persetujuan kepada anak perusahaan (jika                         combination, or take over except the
         ada) untuk melakukan penggabungan atau                           merger or business combination or taking
         peleburan atau pengambilalihan kecuali                           over is executed with the company with
         penggabungan      atau      peleburan    atau                    same business and will not have a negative
         pengambilalihan yang dilakukan dengan                            effect to the Company, and will not have
         atau pada perusahaan yang bidang                                 any impact to the Company’s ability to pay
         usahanya sama dan tidak akan mempunyai                           the bonds principal and/or pay the bonds
         akibat yang negatif terhadap jalannya usaha                      interest;
         Perusahaan, dan tidak mempengaruhi
         kemampuan Perusahaan dalam melakukan
         pelunasan     Pokok      Obligasi    dan/atau
         pembayaran Bunga Obligasi;



                                                         89
Page 379
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                   As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                            and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                      unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                  16. BONDS PAYABLE (continued)

   c. OBLIGASI BERKELANJUTAN III (lanjutan)                       c. CONTINUING BONDS III (continued)

     Persyaratan dalam Obligasi Berkelanjutan III                    Covenants of Continuing Bonds III Maybank
     Maybank Finance Tahap I dan II (lanjutan)                       Finance Phase I and II (continued)

     Persyaratan dalam PUB Obligasi Berkelanjutan                    The Covenants of Continuing Bonds III
     III Maybank Finance Tahap I dan II dengan                       Maybank Finance Phase I and II with Fixed
     Tingkat Suku Bunga Tetap adalah sebagai                         Interest Rate are as follows (continued):
     berikut (lanjutan):

      a.   membayar atau membuat atau melakukan                      a.    and/or, making other payment in the period
           pembayaran lain pada tahun buku                                 as long as the Company has not paid any
           Perusahaan selama Perusahaan tidak                              payable amount; provides loan to the
           melakukan pembayaran jumlah terutang;                           affiliated party for more than 30% of
           memberi pinjaman kepada pihak afiliasi                          Company’s equity; change the main
           lebih dari 30% ekuitas Perusahaan;                              business of the Company; and/or give
           mengubah       bidang     usaha        utama                    permission to subsidiary to change its main
           Perusahaan; dan/atau memberikan izin                            business (if any); decrease in the
           atau persetujuan kepada anak perusahaan                         authorized and/or issued and/or paid-up
           (jika ada) untuk mengadakan perubahan                           capital of the Company; hold any form of
           bidang usaha; melakukan penurunan                               cooperation; profit sharing or other similar
           modal dasar dan/atau modal ditempatkan                          agreement outside the Company’s daily
           dan/atau modal disetor Perusahaan;                              activities or hold a management agreement
           mengadakan            segala          bentuk                    or other similar agreement, that resulted in
           kerjasama,bagi hasil atau perjanjian                            the activities/operations of the Company
           serupa lainnya di luar kegiatan usaha                           being governed by the other party; transfer
           Perusahaan sehari-hari atau mengadakan                          assets of the Company with the value of
           perjanjian manajemen atau perjanjian                            the transaction exceeding 40% of equity,
           serupa lainnya yang mengakibatkan                               unless the transfer of receivables is in
           kegiatan/operasi Perusahaan diatur oleh                         order to sustain day-to-day operation;
           pihak lain; mengalihkan harta kekayaan                          issuing bonds or other similar debt
           Perusahaan      dengan     nilai   transaksi                    instruments which have higher preference
           melebihi 40% dari ekuitas, kecuali                              collateral ratio.
           pengalihan     piutang    dalam       rangka
           menjalankan kegiatan usahanya sehari-
           hari; dan melakukan pengeluaran obligasi
           atau instrumen utang lain yang sejenis
           dengan obligasi dengan jaminan preferen
           yang memiliki rasio jaminan lebih tinggi.

      b.   Mempertahankan jaminan agar nilainya                      b.    Maintain the value of collateral at minimum
           selalu sekurang-kurangnya sebesar 50%                           of 50% of the bonds nominal value. If the
           dari nilai nominal obligasi. Apabila nilai                      value of collateral was less than 50% of
           jaminan kurang dari 50% dari nilai nominal                      bonds nominal value or in case of
           obligasi atau dalam hal terjadi penurunan                       decrease in rating less than the required
           hasil pemeringkatan sehingga lebih rendah                       rating, the Company has to pay the deficit
           dari peringkat yang ditentukan maka                             with cash.
           Perusahaan        wajib      menyetorkan
           kekurangannya dengan uang tunai.

      c.   Memastikan     rasio jumlah      pinjaman                 c.   Ensure that the Debt to Equity Ratio is
           terhadap ekuitas tidak melebihi rasio 10:1                     maximum of 10:1 (ten to one) as reflected
           (sepuluh berbanding satu) dalam laporan                        in the Company’s audited annual financial
           keuangan tahunan Perusahaan yang telah                         statements    or   half-year    financial
           diaudit atau laporan keuangan tengah                           statements.
           tahunan yang terakhir.



                                                          90
Page 380
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                  PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                  As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                           and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                              (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                     unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                 16. BONDS PAYABLE (continued)

   c. OBLIGASI BERKELANJUTAN III (lanjutan)                      c. CONTINUING BONDS III (continued)

     Persyaratan dalam Obligasi Berkelanjutan III                   Covenants of Continuing Bonds III Maybank
     Maybank Finance Tahap I dan II (lanjutan)                      Finance Phase I and II (continued)

     Persyaratan dalam PUB Obligasi Berkelanjutan                   The Covenants of Continuing Bonds III
     III Maybank Finance Tahap I dan II dengan                      Maybank Finance Phase I and II with Fixed
     Tingkat Suku Bunga Tetap adalah sebagai                        Interest Rate are as follows (continued):
     berikut (lanjutan):

     d.   Mempertahankan hasil pemeringkatan                        d.   Maintain the result of bonds rating, which
          obligasi, tidak lebih rendah dari hasil                        should not be lower than result at the time
          pemeringkatan pada saat emisi, yaitu AA+                       of bonds issuance, which was AA+ (idn). If
          (idn).   Apabila   hasil  pemeringkatan                        the result of the rating decreases and the
          mengalami penurunan sehingga hasil                             result of the rating will:
          pemeringkatan:

          I.   Menjadi id AA dari PT Fitch Ratings                       I.    Become id AA from PT Fitch Ratings
               Indonesia atau yang setara dengan                               Indonesia or equivalent if the rating
               hasil pemeringkatan tersebut dalam                              result was performed by rating
               hal pemeringkatan dilakukan oleh                                company besides PT Fitch Ratings
               Perusahaan       pemeringkat   selain                           Indonesia, the Company has an
               PT Fitch Ratings Indonesia maka                                 obligation to top-up a minimum of
               Perusahaan berkewajiban menambah                                additional collateral to become at 60%
               jaminan menjadi sekurang-kurangnya                              of bonds principal amount.
               60% dari nilai pokok obligasi.

           II. Menjadi id AA- dari PT Fitch Ratings                      II.   Become id AA- from PT Fitch Ratings
               Indonesia atau yang setara dengan                               Indonesia or equivalent if the rating
               hasil pemeringkatan tersebut dalam                              result was performed by rating
               hal pemeringkatan dilakukan oleh                                company besides PT Fitch Ratings
               Perusahaan       pemeringkat   selain                           Indonesia, the Company has an
               PT Fitch Ratings Indonesia maka                                 obligation to top-up a minimum of
               Perusahaan berkewajiban menambah                                additional collateral to become at 70%
               jaminan menjadi sekurang-kurangnya                              of bonds principal amount.
               70% dari nilai pokok obligasi.

          III. Menjadi id A+ dari PT Fitch Ratings                        III. Become id A+ from PT Fitch Ratings
               Indonesia atau yang setara dengan                               Indonesia or equivalent if the rating
               hasil pemeringkatan tersebut dalam hal                          result was performed by other rating
               pemeringkatan       dilakukan     oleh                          agency other than PT Fitch Ratings
               Perusahaan       pemeringkat     selain                         Indonesia, the Company has an
               PT Fitch Ratings Indonesia maka                                 obligation to top-up a minimum of
               Perusahaan berkewajiban menambah                                additional collateral to become 80% of
               jaminan menjadi sekurang-kurangnya                              bonds principal.
               80% dari nilai pokok obligasi.

          IV. Menjadi id A dari PT Fitch Ratings                          IV. Become id A from PT Fitch Ratings
              Indonesia atau yang setara dengan                               Indonesia or equivalent if the rating
              hasil pemeringkatan tersebut dalam hal                          result was performed by other rating
              pemeringkatan       dilakukan     oleh                          agency other than PT Fitch Ratings
              Perusahaan       pemeringkat     selain                         Indonesia, the Company has an
              PT Fitch Ratings Indonesia maka                                 obligation to top-up a minimum of
              Perusahaan berkewajiban menambah                                additional collateral to become 90% of
              jaminan menjadi sekurang-kurangnya                              bonds principal.
              90% dari nilai pokok obligasi.



                                                         91
Page 381
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                  PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                  As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                           and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                              (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                     unless otherwise stated)


16. UTANG OBLIGASI (lanjutan)                                 16. BONDS PAYABLE (continued)

   c. OBLIGASI BERKELANJUTAN III (lanjutan)                      c. CONTINUING BONDS III (continued)

     Persyaratan dalam Obligasi Berkelanjutan III                   Covenants of Continuing Bonds III Maybank
     Maybank Finance Tahap I dan II (lanjutan)                      Finance Phase I and II (continued)

     Persyaratan dalam PUB Obligasi Berkelanjutan                   The Covenants of Continuing Bonds III
     III Maybank Finance Tahap I dan II dengan                      Maybank Finance Phase I and II with Fixed
     Tingkat Suku Bunga Tetap adalah sebagai                        Interest Rate are as follows (continued):
     berikut (lanjutan):

     d.   Mempertahankan hasil pemeringkatan                          d. Maintain the result of bonds rating, which
          obligasi, tidak lebih rendah dari hasil                        should not be lower than result at the time
          pemeringkatan pada saat emisi, yaitu AA+                       of bonds issuance, which was AA+ (idn). If
          (idn).   Apabila   hasil  pemeringkatan                        the result of the rating decreases and the
          mengalami penurunan sehingga hasil                             result of the rating will (continued):
          pemeringkatan (lanjutan):

          V.   Menjadi id A- dari PT Fitch Ratings                        V.   Become id A- from PT Fitch Ratings
               Indonesia atau yang setara dengan                               Indonesia or equivalent if the rating
               hasil pemeringkatan tersebut dalam hal                          result was performed by other rating
               pemeringkatan       dilakukan     oleh                          agency other than PT Fitch Ratings
               Perusahaan       pemeringkat     selain                         Indonesia, the Company has an
               PT Fitch Ratings Indonesia maka                                 obligation to top-up a minimum of
               Perusahaan berkewajiban menambah                                additional collateral to become 100% of
               jaminan menjadi sekurang-kurangnya                              bonds principal.
               100% dari nilai pokok obligasi.

     Pada tanggal 31 Desember 2023 dan 2022,                        As of December 31, 2023 and 2022, the
     Perusahaan telah mematuhi seluruh persyaratan                  Company has complied with all important
     penting terkait penerbitan utang obligasi.                     covenants required related to the issuance of
                                                                    bonds payable.

   Pada tanggal 31 Desember 2023 dan 2022,                        As of December 31, 2023 and 2022, finance lease
   piutang sewa pembiayaan piutang dan piutang                    receivables and consumer financing receivables
   pembiayaan konsumen yang digunakan sebagai                     used as collateral for bonds payable amounting to
   jaminan atas obligasi adalah masing-masing                     Rp825,000 and Rp875,001, respectively (Notes 5
   sebesar Rp825.000 dan Rp875.001 (Catatan 5 dan                 and 6).
   6).

   Satu    tahun    setelah    tanggal   penjatahan,              One year after the allotment date, the Company
   Perusahaan dapat melakukan pembelian kembali                   may repurchase (buy back) the continued bonds II
   (buy back) untuk sebagian atau seluruh PUB                     phase I and II, continued bonds III phase I and
   Obligasi Berkelanjutan II Tahap I dan II, PUB                  phase II before bond principal repayment date.
   Obligasi Berkelanjutan III Tahap I dan II sebelum              The Company has the right to treat the repurchase
   tanggal pelunasan pokok obligasi. Perusahaan                   (buy back) to be used as the bonds redemption or
   mempunyai hak untuk memberlakukan pembelian                    to be subsequently sold at market price following
   kembali (buy back) tersebut untuk dipergunakan                 the provisions of Trustee Agreements and
   sebagai pelunasan obligasi atau untuk kemudian                 prevailing regulation.
   dijual kembali dengan harga pasar dengan
   memperhatikan ketentuan        dalam     perjanjian
   perwaliamanatan dan peraturan perundang-
   undangan yang berlaku.




                                                         92
Page 382
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

         PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan Untuk                                      As of December 31, 2023
      Tahun yang Berakhir pada Tanggal tersebut                               and for the Year Then Ended
           (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
               kecuali dinyatakan lain)                                         unless otherwise stated)


17. UTANG LAIN-LAIN                                                 17. OTHER PAYABLES

                                              31 Desember/          31 Desember/
                                            December 31, 2023     December 31, 2022

      Pihak berelasi (Catatan 31)                                                                   Related parties (Note 31)
        PT Asuransi Etiqa Internasional                                                      PT Asuransi Etiqa Internasional
          Indonesia                                                                                             Indonesia
          Utang asuransi                              11.894                   8.875                  Insurance payable
        PT Bank Maybank Indonesia Tbk                                                       PT Bank Maybank Indonesia Tbk
          Utang atas transaksi pembiayaan
              bersama                                       88                   171              Payable on joint financing

        Sub-total                                     11.982                   9.046                                 Sub-total

      Pihak ketiga                                                                                              Third parties
        Utang asuransi                                64.661                  80.793                    Insurance payables
        Uang muka - pelanggan                          7.909                   9.147                   Customer - advance
        Utang notaris                                  4.296                   3.539                         Notary payable
        Suspense account pelanggan                     3.120                   3.806             Customer suspense account
        Lainnya                                        3.213                   2.416                                 Others

        Sub-total                                     83.199                  99.701                                 Sub-total

      Total                                           95.181                108.747                                         Total


18.    LIABILITAS IMBALAN KERJA                                     18.   LIABILITY FOR EMPLOYEE BENEFITS
       Perusahaan mencatat liabilitas imbalan kerja pada                  The Company accrued the liability for employee
       31 Desember 2023 dan 2022 berdasarkan                              benefits as of December 31, 2023 and 2022
       perhitungan aktuaris independen yang dilakukan                     based on the independent actuarial calculation
       oleh Kantor Konsultan Aktuaria Yusi & Rekan,                       prepared by Yusi & Partners Actuarial Consultant
       dalam laporannya masing-masing tertanggal                          Firm, in its reports dated January 8, 2024 and
       8 Januari 2024 dan 6 Januari 2023.                                 January 6, 2023, respectively.
       Perusahaan memiliki dana pensiun iuran pasti yang                  The Company has defined contribution pension
       dikelola oleh Dana Pensiun Lembaga Keuangan                        plan which is managed by Dana Pensiun
       AIG (DPLK - AIG) yang merupakan pihak ketiga                       Lembaga Keuangan AIG (DPLK - AIG) which is
       Perusahaan.                                                        the Company’s third party.

       Syarat untuk menjadi peserta program pensiun                       The requirements to become participants of the
       adalah pegawai tetap Perusahaan yang ingin                         pension plan are permanent employees who are
       menjadi peserta program pensiun dan berumur di                     interested to become participants of the pension
       atas 18 tahun atau telah menikah.                                  plan and above 18 years of age or are married.
       Iuran pensiun DPLK - AIG ditetapkan sebesar                        The contribution for DPLK - AIG is determined at
       8,76% dari gaji karyawan peserta dana pensiun, di                  8.76% of the employees’ salary who join the
       mana 5,76% ditanggung Perusahaan dan sisanya                       pension plan, of which 5.76% is contributed by the
       sebesar 3,00% ditanggung oleh karyawan. Beban                      Company and the remaining 3.00% is contributed
       pensiun Perusahaan selama tahun yang berakhir                      by the employee. The Company’s pension
       pada tanggal-tanggal 31 Desember 2023 dan                          expense for the years ended December 31, 2023
       31 Desember 2022, masing-masing berjumlah                          and December 31, 2022, amounted to Rp229 and
       Rp229 dan Rp224 yang termasuk dalam laporan                        Rp224, respectively, included under the
       laba rugi dan penghasilan komprehensif lain. Iuran                 statements of profit and loss and other
       pension Perusahaan kepada DPLK-AIG tidak                           comprehensive      income.       The   Company’s
       menjadi pengurang liabilitas imbalan kerja.                        contribution for DPLK-AIG is not a deduction to
                                                                          the employee benefits liability.




                                                             93
Page 383
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                            PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                            As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                     and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                        (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                               unless otherwise stated)


18. LIABILITAS IMBALAN KERJA (lanjutan)                                 18. LIABILITY        FOR       EMPLOYEE           BENEFITS
                                                                            (continued)

     Di tahun 2022, Dewan Standard Akuntansi                                 In 2022, the Indonesian Financial Accounting
     Keuangan Ikatan Akuntan Indonesia (DSAK-IAI)                            Standards Board (DSAK-IAI) issued a press
     menerbitkan suaran pers atas Imbalan Kerja                              release on Employee Benefits based on
     berdasarkan International Financial Reporting                           International Financial Reporting Interpretations
     Interpretations Committee yang mengklarifikasi                          Committee that clarifies that the period of
     bahwa periode atribusi imbalan pensiun secara                           attribution of pension benefits in general is
     umum adalah 24 tahun sebelum karyawan                                   24 years before an employee retires.
     pensiun. Sebagai dampaknya, Perhitungan                                 Consequently, the Company’s employee benefits
     imbalan kerja Perusahaan (termasuk beban                                computation (including employee benefits
     imbalan kerja, liabilitas, penghasilan komprehensif                     expense, liability, other comprehensive income
     lain dan pajak tangguhan) telah disesuaikan untuk                       and deferred tax) have been adjusted for the year
     tahun yang berakhir 31 Desember 2022.                                   ended December 31, 2022.

   Beban imbalan kerja yang diakui di laporan laba                           Employee benefits expense recognized in
   rugi dan penghasilan komprehensif lain adalah:                            statement of profit or loss and other
                                                                             comprehensive income are as follows:
   Rincian beban imbalan kerja:                                              Details of the related employee benefits expense:

                                      Tahun yang berakhir pada tanggal 31 Desember/
                                                Year ended December 31,

                                                 2023                     2022
  Biaya jasa kini                                         2.493                  2.539                         Current service cost
  Biaya jasa lalu                                        (1.383)                  (352)                          Past service cost
  Biaya bunga                                             1.526                  1.467                                Interest cost
  Efek penerapan IFRIC/                                                                               IFRIC implementation impact/
    Siaran Pers DSAK                                             -             (3.136)                     Press release DSAK
  Lain-lain                                                154                   (137)                                      Others

  Neto                                                   2.790                    381                                            Net


  Mutasi saldo estimasi liabilitas imbalan kerja neto:                     Movements in the balance of the net estimated
                                                                           liabilities for employment benefits:
                                            31 Desember/               31 Desember/
                                          December 31, 2023          December 31, 2022

  Liabilitas imbalan kerja,                                                                                Obligation for employee
     awal tahun                                          21.661                  22.579                benefit, beginning of year
                                                                                                          Post-employment benefit
  Beban imbalan pasca-                                                                                          expense - during
    kerja pada tahun berjalan                             2.790                     381                              current year
  Pembayaran imbalan pasca-kerja                                                                     Payment of employees’ benefit
    selama tahun berjalan                                (1.065)                   (848)                     during current year
  Kerugian (keuntungan) aktuarial
    yang diakui sebagai penghasilan                                                            Actuarial loss (gain) charged to other
    komprehensif lain                                       891                    (451)                   comprehensive income

  Liabilitas imbalan kerja                                                                                Obligation for employee
    akhir tahun                                          24.277                  21.661                    benefits end of year




                                                              94
Page 384
                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                             PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                             As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                      and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                         (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                unless otherwise stated)


18. LIABILITAS IMBALAN KERJA (lanjutan)                                  18. LIABILITY        FOR       EMPLOYEE           BENEFITS
                                                                             (continued)

  Mutasi nilai kini liabilitas imbalan kerja:                                Movements in the balance of the present value of
                                                                             employee benefit obligation:

                                              31 Desember/              31 Desember/
                                            December 31, 2023         December 31, 2022

  Saldo awal                                               21.661                 22.579                          Beginning balance
  Biaya jasa kini                                           2.493                  2.539                        Current service cost
  Biaya jasa lalu                                           (1.383)                 (352)                          Past service cost
  Biaya bunga                                               1.526                  1.467                                Interest cost
  Efek penerapan IFRIC                                           -                (3.136)               IFRIC implementation impact
  Imbalan yang dibayar                                      (1.065)                 (848)                                Benefit paid
  Kerugian (keuntungan) aktuarial neto                         891                  (451)                    Net actuarial loss (gain)
  Lain-lain                                                    154                  (137)                                      Others

  Nilai kini liabilitas                                                                         Present value of post-employment
     imbalan pasca-kerja                                   24.277                 21.661                    benefits obligation


  Mutasi keuntungan aktuarial yang diakui sebagai                            Movement in the balance of actuarial gain
  pendapatan komprehensif lain:                                              charged to other comprehensive income:
                                              31 Desember/              31 Desember/
                                            December 31, 2023         December 31, 2022

  Saldo awal                                                 (956)                   (505)                         Beginning balance
  Kerugian (keuntungan) aktuarial                                                                                       Actuarial loss
    yang diakui sebagai penghasilan                                                                        (gain) charged to other
    komprehensif lain                                          891                   (451)                 comprehensive income
  Saldo akhir                                                  (65)                  (956)                           Ending balance


  Asumsi utama yang digunakan dalam menentukan                               The main assumptions used in determining the
  estimasi biaya dan liabilitas imbalan kerja adalah                         expense and liabilities of employee benefits are
  sebagai berikut:                                                           as follows:
                                              31 Desember/              31 Desember/
                                            December 31, 2023         December 31, 2022

  Usia pensiun normal                                          55                    55                              Retirement age
  Tingkat diskonto                                    6,3%-7.10%           5,77%-7,30%                                 Discount rate
  Tingkat kenaikan gaji tahunan                            7,00%                 7,00%                        Annual salary increase
  Tingkat pengunduran diri
     karyawan tahunan                                         11%                11,00%                    Annual employee turnover
                                                         10% dari               10% dari
                                                Tingkat Kematian/      Tingkat Kematian/
                                                           10% of                 10% of
  Tingkat cacat                                      Mortality rate         Mortality rate                             Disability rate
  Tabel tingkat mortalita                                  TMI’19                 TMI’19                       Table of mortality rate




                                                                95
Page 385
                                                                            The original financial statements included herein are in the
                                                                                                                  Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                 PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                                 As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                                          and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                             (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                    unless otherwise stated)


18. LIABILITAS IMBALAN KERJA (lanjutan)                                  18. LIABILITY   FOR              EMPLOYEE          BENEFITS
                                                                             (continued)

   Perubahan satu poin persentase dalam tingkat                                A one percentage point change in the assumed
   yang diasumsikan terhadap kenaikan dan                                      rate of increase and decrease in discount rate
   penurunan tingkat diskonto akan memiliki dampak                             would have the following effect (unaudited):
   sebagai berikut (tidak diaudit):

                                            31 Desember/                       31 Desember/
                                          December 31, 2023                 December 31, 2022

                                       Kenaikan/      Penurunan/        Kenaikan/         Penurunan/
                                       Increase       Decrease          Increase          Decrease

   Dampak pada biaya                                                                                                     Effect on the current
     jasa kini                               (257)              298             (245)              284                         service cost
                                                                                                                    Effect on present value of
   Dampak pada nilai kini liabilitas                                                                                      employee benefit
     imbalan kerja                          (2.128)           2.426           (1.788)             2.032                         obligations


   Perubahan satu poin persentase dalam tingkat                                A one percentage point change in the assumed
   yang diasumsikan terhadap kenaikan dan                                      rate of increase and decrease in salary increase
   penurunan tingkat kenaikan gaji akan memiliki                               rate would have the following effect (unaudited):
   dampak sebagai berikut (tidak diaudit):
                                            31 Desember/                       31 Desember/
                                          December 31, 2023                 December 31, 2022

                                       Kenaikan/      Penurunan/        Kenaikan/         Penurunan/
                                       Increase       Decrease          Increase          Decrease

   Dampak pada biaya                                                                                                     Effect on the current
     jasa kini                                276              (243)            267               (233)                        service cost
                                                                                                                    Effect on present value of
   Dampak pada nilai kini liabilitas                                                                                      employee benefit
     imbalan kerja                          2.198             (1.971)         1.903            (1.702)                          obligations



   Analisis jatuh tempo yang diharapkan dari liabilitas                        Expected maturity analysis of undiscounted
   imbalan kerja yang tidak terdiskonto adalah                                 liability for employee benefits is as follows:
   sebagai berikut:
                                             31 Desember/                 31 Desember/
                                           December 31, 2023            December 31, 2022

   Dalam 1-2 tahun                                         2.544                          2.341                          Within 1-2 years
   Dalam 2-5 tahun                                         4.491                          4.845                          Within 2-5 years
   Dalam 5-10 tahun                                       16.588                         13.942                         Within 5-10 years
   Melebihi 10 tahun                                     144.376                        114.397                         Beyond 10 years

   Total perkiraan pembayaran                            167.999                        135.525                  Total expected payments

   Rata-rata durasi kewajiban                                                                                        Average duration of
     imbalan pasti                                            13.89                       12,85             defined benefit obligation


   Berdasarkan Surat Edaran No. SE.2014/PREDI-                                 Based on Circular Letter No. SE.2014/PREDI-
   BIIFC, diatur bahwa setiap karyawan berhak atas                             BIIFC, stated that every employee is entitled for
   penghargaan masa kerja yaitu sebesar Rp10 untuk                             working service award amounting to Rp10 for
   masa kerja 10 (sepuluh) tahun, Rp20 untuk masa                              working service 10 (ten) years, Rp20 for working
   kerja 20 (dua puluh) tahun dan Rp30 untuk masa                              service 20 (twenty) years and Rp30 for working
   kerja 30 (tiga puluh) tahun. Penghargaan masa                               service 30 (thirty) years. This working service
   kerja ini termasuk dalam penghitungan liabilitas                            award is included in the calculation of liability for
   imbalan kerja Perusahaan sebagai imbalan kerja                              employee benefits as other long-term benefit plan.
   jangka panjang lainnya.




                                                                 96
Page 386
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                          As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                   and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                             unless otherwise stated)


19. PERPAJAKAN                                                       19. TAXATION

   Utang pajak penghasilan:                                              Income taxes payable:

                                             31 Desember/            31 Desember/
                                           December 31, 2023       December 31, 2022

   Pajak penghasilan:                                                                                                 Income tax:
     Pasal 29                                            34.945                47.830                                Article 29
     Pasal 21                                             1.004                 1.169                                Article 21
     Pertambahan Nilai (PPN)                              1.449                 1.637                         Value Added Tax
     Pasal 23                                             1.955                 2.329                                Article 23
     Pasal 4 (2)                                            131                    15                              Article 4 (2)
     Pasal 25                                             4.326                 7.438                                Article 25

   Total                                                 43.810                60.418                                        Total


   Rekonsiliasi antara laba sebelum beban pajak                          A reconciliation between income before income
   penghasilan sebagaimana disajikan dalam laporan                       tax expense, as shown in the statement of profit
   laba rugi dan penghasilan komprehensif lain                           or loss and other comprehensive income and
   dengan taksiran laba kena pajak untuk tahun yang                      estimated taxable income for the years ended
   berakhir pada tanggal-tanggal 31 Desember 2023                        December 31, 2023 and 2022, are as follows:
   dan 2022, adalah sebagai berikut:
                                       Tahun yang berakhir pada tanggal 31 Desember/
                                                 Year ended December 31,

                                                  2023                  2022

   Laba sebelum beban pajak penghasilan                                                        Income before income tax expense
     sebagaimana disajikan dalam laporan                                                              as shown in the statement
     laba rugi dan penghasilan                                                                              of profit or loss and
     komprehensif lain                               571.312               565.978                 other comprehensive income
   Beda temporer                                                                                        Temporary differences
   Beban imbalan kerja                                    1.725                (467)                  Employee benefit expenses
   Remunerasi                                             2.917               3.827                                Remuneration
   Penyusutan aset tetap                                  1.907                (448)                  Depreciation of fixed assets
   Beban pemasaran                                        3.545              (7.851)                         Marketing expenses
   Cadangan kerugian penurunan nilai                      1.214              59.933              Allowance for impairment losses

   Total                                                 11.308              54.994                                          Total

   Beda tetap                                                                                            Permanent differences
   Penghasilan bunga                                     (2.514)             (2.037)                              Interest income
   Beban pajak                                              503                 407                                 Tax expenses
   Amortisasi bunga                                                                                         Amortization interest
     piutang karyawan                                      692                   199                 from employee receivables
   Biaya perjamuan                                       3.662                 1.198                     Entertainment expenses
   Asuransi kesehatan karyawan                               -                 3.523                   Employee health insurance
   Beban lain-lain                                       5.986                 1.248                              Other expenses

   Total                                                 8.329                 4.538                                         Total

   Laba kena pajak                                   590.949               625.510                               Taxable income

   Beban pajak penghasilan:                          130.009               137.612                           Income tax expense:
   Dikurangi: pajak dibayar dimuka                   (95.064)              (89.782)                            Less: prepaid taxes

   Hutang pajak                                       34.945                 47.830                                Taxes payable




                                                              97
Page 387
                                                                               The original financial statements included herein are in the
                                                                                                                     Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                   PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                                   As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                                            and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                               (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                      unless otherwise stated)


19. PERPAJAKAN (lanjutan)                                                   19. TAXATION (continued)

   Rekonsiliasi atas beban pajak penghasilan                                      The reconciliation between the Company’s
   Perusahaan dengan perkalian laba akuntansi                                     income tax expense and the accounting income
   Perusahaan sebelum beban pajak penghasilan dan                                 before tax expense and prevailing tax rate are as
   tarif pajak yang berlaku adalah sebagai berikut:                               follows:
                                       Tahun yang berakhir pada tanggal 31 Desember/
                                                 Year ended December 31,

                                                      2023                       2022
   Laba sebelum beban pajak penghasilan                                                                   Income before income tax expense
     sebagaimana disajikan dalam                                                                                    as shown in statement
     laporan laba rugi dan                                                                                       of profit or loss and other
     penghasilan komprehensif lain                        571.312                    565.978                       comprehensive income
   Beban pajak dengan                                                                                            Tax expense at the applicable
     tarif pajak yang berlaku                             125.689                    124.515                                          tax rate
   Efek beban pajak dari                                                                                           Effect of tax expenses from
     beda tetap                                              1.832                        999                         permanent differences
   Beban pajak penghasilan                                127.521                    125.514                               Income tax expense



                                       Tahun yang berakhir pada tanggal 31 Desember/
                                                 Year ended December 31,

                                                      2023                       2022

   Beban pajak penghasilan:                                                                                                 Income tax expense:
     Kini                                                 130.009                    137.612                                           Current
     Tangguhan                                             (2.488)                   (12.098)                                        Deferred

   Total                                                  127.521                    125.514                                                    Total


   Pada tanggal-tanggal 31 Desember 2023 dan                                      As of December 31, 2023 and 2022, the details of
   2022, rincian aset dan liabilitas pajak tangguhan                              deferred tax assets and liabilities are as follows:
   adalah sebagai berikut:
                                                             31 Desember/
                                                           December 31, 2023

                                                                              Dikreditkan
                                                                              ke laporan
                                                         Dikreditkan/        pendapatan
                                                       (dibebankan) ke     komprehensif lain/
                                                      laporan laba rugi/      Credited to
                                      Saldo Awal/          Credited/             other          Saldo Akhir/
                                       Beginning         (charged) to       comprehensive         Ending
                                        Balance          profit or loss         income            Balance

    Aset pajak tangguhan -                                                                                       Deferred tax assets - effect
      dampak dari laporan laba rugi                                                                                 from statement of profit or loss
    Penyisihan imbalan pasca kerja           4.975                 380                     -            5.355                  Post-employment benefits
    Penyusutan aset tetap                      416                 420                     -              836                Depreciation of fixed assets
    Remunerasi                               6.586                 641                     -            7.227                               Remuneration
    Cadangan biaya promosi                       -                 780                     -              780            Provision for promotion expense
    Penyisihan piutang                       4.865                 267                     -            5.132           Allowance for imprairment losses
    Aset pajak tangguhan -                                                                                                  Deferred tax assets - effect
      dampak dari ekuitas                                                                                                                 from equity
    Penyisihan imbalan pasca kerja            (210)                   -                 196               (14)                 Post-employment benefits

    Total                                   16.632               2.488                  196            19.316                                      Total




                                                                  98
Page 388
                                                                                        The original financial statements included herein are in the
                                                                                                                              Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                            PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                                            As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                                                     and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                                        (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                               unless otherwise stated)


19. PERPAJAKAN (lanjutan)                                                            19. TAXATION (continued)

   Pada tanggal-tanggal 31 Desember 2023 dan                                               As of December 31, 2023 and 2022, the details of
   2022, rincian aset dan liabilitas pajak tangguhan                                       deferred tax assets and liabilities are as follows
   adalah sebagai berikut (lanjutan):                                                      (continued):

                                                                     31 Desember/
                                                                   December 31, 2022

                                                                                      Dibebankan
                                                                                       ke laporan
                                                                 Dikreditkan/         pendapatan
                                                               (dibebankan) ke      komprehensif lain/
                                                              laporan laba rugi/       Charged to
                                         Saldo Awal/               Credited/             other           Saldo Akhir/
                                          Beginning              (charged) to        comprehensive         Ending
                                           Balance               profit or loss         income             Balance

    Aset pajak tangguhan -                                                                                                 Deferred tax assets - effect
      dampak dari laporan laba rugi                                                                                           from statement of profit or loss
    Penyisihan imbalan pasca kerja               5.078                    (103)                     -              4.975                 Post-employment benefits
    Penyusutan aset tetap                          515                     (99)                     -                416               Depreciation of fixed assets
    Remunerasi                                   5.744                      842                     -              6.586                             Remuneration
    Cadangan biaya promosi                       1.727                  (1.727)                     -                  -          Provision for promotion expense
    Penyisihan piutang                          (8.320)                 13.185                      -              4.865          Allowance for impairment losses

    Aset pajak tangguhan -                                                                                                            Deferred tax assets - effect
      dampak dari ekuitas                                                                                                                         from equity
    Penyisihan imbalan pasca kerja               (111)                        -                  (99)              (210)                Post-employment benefits

    Total                                       4.633                   12.098                   (99)           16.632                                       Total


   Berdasarkan Undang-Undang Perpajakan yang                                               Under the prevailing Taxation Laws of Indonesia,
   berlaku di Indonesia, Perusahaan menghitung,                                            the Company calculates, determines and pays its
   menetapkan dan membayar sendiri besarnya                                                tax payable based on self-assessment. The
   jumlah pajak yang terutang. Direktur Jenderal Pajak                                     Director General of Taxes (DGT) may assess or
   (DJP) dapat menetapkan atau mengubah liabilitas                                         amend taxes within five years from the time the
   pajak dalam batas waktu lima tahun sejak saat                                           tax becomes due.
   terutangnya pajak.

   Perhitungan pajak penghasilan untuk tahun yang                                          The income tax calculation for the year ended
   berakhir pada tanggal 31 Desember 2023                                                  December 31, 2023 as disclosed in Note 19 will
   sebagaimana diungkapkan dalam catatan 19 akan                                           be the basis in filing Annual Corporate Income
   menjadi    dasar    dalam    pengisian    Surat                                         Tax Return.
   Pemberitahuan     Tahunan     (“SPT”)    Pajak
   Penghasilan Badan.

20. MODAL SAHAM                                                                      20. CAPITAL STOCK

   Rincian pemegang saham Perusahaan dan                                                   The Company’s shareholders and their share
   kepemilikan sahamnya pada tanggal-tanggal                                               ownerships as of December 31, 2023 and 2022
   31 Desember 2023 dan 2022 adalah sebagai                                                are as follows:
   berikut:

                                                                      Persentase                      Total
                                                                     kepemilikan/             (dalam nilai penuh)/
                                      Jumlah saham/                 Percentage of                     Total
   Pemegang saham                     Number of shares                ownership                 (in full amount)                                  Shareholders
   PT Bank Maybank Indonesia Tbk             32.369.999                           99.99%          32.369.999.000            PT Bank Maybank Indonesia Tbk

   Koperasi Karyawan                                                                                                                       Koperasi Karyawan
     PT Bank Internasional                                                                                                             PT Bank Internasional
     Indonesia Tbk                                        1                        0.01%                   1.000                             Indonesia Tbk

   Total                                     32.370.000                       100.00%             32.370.000.000                                            Total




                                                                          99
Page 389
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                    PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                    As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                             and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                       unless otherwise stated)


20. MODAL SAHAM (lanjutan)                                      20. CAPITAL STOCK (continued)

   Dividen kas                                                      Cash dividends

   Berdasarkan Keputusan Rapat Umum Pemegang                        Based on the decision of Annual General Meeting
   Saham Tahunan pada tanggal 30 Maret 2023,                        of the Shareholders on March 30, 2023, the
   pemegang saham telah memutuskan untuk                            shareholders approved the distribution of cash
   mendistribusikan dividen kas sebesar Rp176.186                   dividends amounting to Rp176,186, which had
   yang telah dibayarkan pada tanggal 12 April 2023,                been paid on April 12, 2023, from Company’s
   yang berasal dari saldo laba pada tanggal                        retained earnings as of December 31, 2022.
   31 Desember 2022.


21. PENGGUNAAN LABA BERSIH                                      21. APPROPRIATION OF NET INCOME

   Pada tanggal-tanggal 31 Desember 2023 dan 2022,                  As of December 31, 2023 and 2022, the
   Perusahaan memiliki cadangan umum sejumlah                       Company has a general reserve amounting to
   Rp6.500      sesuai      dengan     Undang-Undang                Rp6,500 in accordance with Law of the Republic
   No. 40/2007 efektif tanggal 16 Agustus 2007 tentang              of Indonesia No. 40/2007 effective on August 16,
   Perseroan Terbatas, yang mengharuskan perusahaan                 2007 regarding Limited Liability Company, which
   di Indonesia untuk membuat penyisihan cadangan                   requires Indonesian companies to set up a
   umum sebesar sekurang-kurangnya 20% dari jumlah                  general reserve amounting to at least 20% of the
   modal yang ditempatkan dan disetor penuh. Undang-                Company’s issued and paid up share capital.
   undang tersebut tidak mengatur jangka waktu untuk                There is no set period of time over which this
   pemenuhan penyisihan cadangan umum minimum                       amount should be provided.
   tersebut.

22. PENDAPATAN PEMBIAYAAN KONSUMEN                              22. CONSUMER FINANCING INCOME

                                      Tahun yang berakhir pada tanggal 31 Desember/
                                                Year ended December 31,

                                                 2023               2022

   Pendapatan pembiayaan konsumen -
     bruto                                        3.162.167          2.328.153          Consumer financing income - gross
   Hak-hak bank berhubungan dengan                                                     Bank’s rights on such income relating
     transaksi pembiayaan bersama                (2.269.140)        (1.464.646)                        to the joint financing

   Total pendapatan pembiayaan                                                                   Total consumer financing
     konsumen - neto                                893.027           863.507                               income - net



   Untuk tahun yang berakhir pada tanggal-tanggal                   For the years ended December 31, 2023 and
   31 Desember 2023 dan 2022, amortisasi biaya                      2022, amortization of transaction costs which
   transaksi yang diakui sebagai pendapatan                         were recognized as consumer financing income
   pembiayaan konsumen masing-masing sebesar                        amounted to Rp384.831 and Rp334,978
   Rp384.831 dan Rp334.978.                                         respectively.

   Jumlah pendapatan pembiayaan konsumen yang                       Consumer financing income received from related
   diterima dari pihak berelasi sebesar Rp1.611 dan                 parties amounted to Rp1.611 and Rp1,027 for the
   Rp1.027 masing-masing untuk tahun berakhir pada                  years ended December 31, 2023 and 2022,
   tanggal-tanggal 31 Desember 2023 dan 2022                        respectively (Note 31).
   (Catatan 31).

23. PENDAPATAN BUNGA                                            23. INTEREST INCOME

   Pendapatan bunga terdiri dari pendapatan bunga                   Interest income consists of interest income from
   dari deposito berjangka dan jasa giro dari bank.                 time deposit and current accounts from banks.
   Jumlah pendapatan bunga yang diterima                            Interest income received from related parties
   dari pihak berelasi sebesar Rp1.805 dan                          amounted to Rp1.805 and Rp1,425 for year
   Rp1.425 masing-masing untuk periode yg berakhir                  ended December 31, 2023 and 2022, respectively
   pada tanggal-tanggal 31 Desember 2023 dan 2022                   (Note 31).
   (Catatan 31).

                                                         100
Page 390
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                   As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                            and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                      unless otherwise stated)


24. PENDAPATAN SEWA PEMBIAYAAN                                 24. FINANCE LEASE INCOME

   Seluruh pendapatan sewa pembiayaan berasal dari                All leasing income are derived from third parties
   pihak ketiga untuk tahun yang berakhir pada                    for the years ended December 31, 2023 and
   tanggal-tanggal 31 Desember 2023 dan 2022.                     2022, respectively.

25. PENDAPATAN LAIN-LAIN                                       25. OTHER INCOME

                                    Tahun yang berakhir pada tanggal 31 Desember/
                                              Year ended December 31,

                                               2023               2022
   Penerimaan piutang yang telah
     dihapusbukukan                                28.082             39.067           Recovery from receivable written off
   Pendapatan dividen (Catatan 9)                  11.010             16.500                     Dividend income (Note 9)
   Keuntungan atas penjualan aset
     tetap (Catatan 11)                                 136                120       Gain on sale of fixed assets (Note 11)
   Lainnya                                            1.895              2.750                                       Other

   Total                                           41.123             58.437                                          Total



26. BEBAN TENAGA KERJA                                         26. EMPLOYEE EXPENSES
                                    Tahun yang berakhir pada tanggal 31 Desember/
                                              Year ended December 31,
                                               2023               2022

   Gaji dan tunjangan                              74.620             66.245                          Salaries and benefits
   Remunerasi                                      28.540             30.211                                 Remuneration
   Tunjangan insentif                              17.455             19.007                                     Incentives
   Lainnya                                         23.413             18.598                                        Others
   Total                                          144.028           134.061                                           Total




27. BEBAN PENDANAAN                                            27. FINANCING EXPENSES
                                    Tahun yang berakhir pada tanggal 31 Desember/
                                              Year ended December 31,
                                               2023               2022

   Utang obligasi                                 113.518           125.224                                 Bonds payable
   Utang bank                                     111.719            72.091                                    Bank loans
   Total                                          225.237           197.315                                           Total




28. BEBAN PEMASARAN                                            28. MARKETING EXPENSES

                                    Tahun yang berakhir pada tanggal 31 Desember/
                                              Year ended December 31,

                                               2023               2022

   Beban promosi                                   10.000             11.500                          Promotion expenses
   Beban perjamuan lainnya                          6.292              4.653                       Entertainment expenses
   Beban iklan                                         44                 50                         Advertising expenses

   Total                                           16.336             16.203                                          Total



                                                         101
Page 391
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                      As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                               and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                         unless otherwise stated)


29. BEBAN LAIN-LAIN                                               29. OTHER EXPENSES

                                       Tahun yang berakhir pada tanggal 31 Desember/
                                                 Year ended December 31,

                                                  2023               2022

   Beban pemeliharaan                                                                                  Maintenance expense
   Beban pemeliharaan komputer                           4.566              4.167             Computer maintenance expense
   Beban pemeliharaan gedung                             1.011                866              Building maintenance expense
   Beban pemeliharaan kendaraan                            270                264               Vehicle maintenance expense
   Beban lainnya                                           340                286                             Others expense

   Sub-total                                             6.187              5.583                                    Sub-total

   Beban umum dan administrasi                                                         General and administration expense
   Beban jasa cleaning service dan keamanan              5.125              4.470   Cleaning service and securities service fee
   Beban fidusia                                         5.866              3.952                           Fiduciary expense
   Beban premi asuransi                                  5.754              3.523                 Insurance premium expense
   Beban pelatihan                                       3.873              1.019                                   Training fee
   Beban komunikasi                                      3.535              3.586                     Communication expense
   Beban OJK                                             3.309              2.134                                      OJK Fee
   Beban perjalanan dinas                                2.111              1.479                           Travelling expense
   Beban air dan listrik                                 1.952              1.886                         Water and electricity
   Beban sewa                                            1.854              1.898                                       Rentals
   Beban transportasi                                    1.771              1.741                      Transportation expense
   Beban jasa profesional                                1.265              1.111                      Professional service fee
   Beban persediaan kantor                               1.250              1.290                               Office supplies
   Beban bahan bakar kendaraan                             682                525                    Vehicle gasoline expense
   Beban pajak                                             490                269                                 Tax expense
   Beban administrasi bank                                 343              1.315                Bank administration expense
   Beban lainnya                                         7.962              6.282                              Others expense

   Sub-total                                          47.142             36.480                                      Sub-total


 Beban non-operasional                                                                                Non-operating expense
   Beban tunjangan sewa rumah                                                                         Rent house and furniture
     dan perabotan                                        442                420                          benefit expenses
   Beban rapat kerja                                        -                 51                             Meeting expense
   Beban lainnya                                          272                448                              Others expense

   Sub-total                                              714                919                                     Sub-total

   Total                                              54.043             42.982                                           Total



30. LABA PER SAHAM DASAR                                          30. BASIC EARNINGS PER SHARE

                                       Tahun yang berakhir pada tanggal 31 Desember/
                                                 Year ended December 31,

                                                  2023               2022

   Laba tahun berjalan                               443.791           440.464                              Income for the year
   Jumlah rata-rata tertimbang saham                                                        Weighted average common shares
     (lembar)                                     32.370.000         32.370.000                                   (share)
   Laba per saham dasar                                                                                     Earnings per share
     (Dinyatakan dalam nilai penuh Rupiah)            13.710             13.607         (Expressed in full amount of Rupiah)




                                                            102
Page 392
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                     As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                              and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                 (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                        unless otherwise stated)


31. TRANSAKSI DAN SALDO DENGAN PIHAK-                          31. TRANSACTIONS AND                BALANCES          WITH
    PIHAK BERELASI                                                 RELATED PARTIES
  Dalam kegiatan usaha normal, Perusahan                          In the normal course of business, the Company is
  melakukan transaksi dengan pihak-pihak berelasi.                engaged in transactions with related parties. The
  Pihak-pihak berelasi, sifat dari hubungan, dan sifat            related parties, nature of relationships,and nature
  dari transaksi adalah sebagai berikut:                          of transactions are as follows:
                                              Sifat dari hubungan/                         Sifat dari transaksi/
           Pihak berelasi/
                                              Nature of relationship                      Nature of transaction
           Related parties

   PT Bank Maybank Indonesia Tbk      Pemegang saham mayoritas                   Rekening     giro     dan     deposito
                                      Perusahaan/The majority shareholder        berjangka/current accounts and time
                                      of the Company                             deposits, sewa ruangan kantor/office
                                                                                 space rental, perjanjian pembiayaan
                                                                                 bersama/joint financing agreement,
                                                                                 piutang sewa pembiayaan/finance
                                                                                 lease receivables, utang obligasi/
                                                                                 bonds payable, utang bank/bank
                                                                                 loans, utang lain-lain/others payable,
                                                                                 beban akrual/accrued expenses,
                                                                                 pendapatan bunga/interest income,
                                                                                 beban pendanaan/financing cost.
   Malayan      Banking      Berhad Pemegang saham utama PT Bank                Utang obligasi/Bonds Payable, beban
   (Maybank)                        Maybank Indonesia Tbk / The ultimate        pendanaan/financing cost, beban
                                    shareholder of PT Bank Maybank              akrual/accrued expenses.
                                    Indonesia Tbk

   PT Wahana Ottomitra Multiartha Hubungan entitas pengendali dengan             Fasilitas pembiayaan          konsumen-
   Tbk (WOM)                      Perusahaan/Under common                        kendaraan/Consumer              financing
                                  ownership with the Company                     facilities-vehicles.


   PT Maybank Sekuritas Indonesia Entitas sepengendali/Under common              Perusahaan melakukan investasi
   (sebelumnya PT Maybank Kim control                                            dalam saham MKES/The Company
   Eng Sekuritas).                                                               has investment in shares of MKES.

   PT Asuransi Etiqa Internasional Entitas sepengendali/Under common             Premi asuransi kerugian debitur dan
   Indonesia                       control                                       utang     obligasi/Debtor’s     loss
                                                                                 insurance premium and bonds
                                                                                 payable, beban pendanaan/financing
                                                                                 cost,     beban      akrual/accrued
                                                                                 expenses.

   Dewan        Komisaris     dan     Manajemen kunci/Key management             Perusahaan menyediakan imbalan
   Direksi/Board of Commissioners                                                dan manfaat berupa gaji dan
   and Directors                                                                 kesejahteraan,      serta   imbalan
                                                                                 kerja/The Company provides salary
                                                                                 and benefits, also employee benefit.




                                                         103
Page 393
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                             PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                             As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                      and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                         (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                unless otherwise stated)


31. TRANSAKSI DAN SALDO DENGAN PIHAK-                                 31. TRANSACTIONS AND BALANCES                          WITH
    PIHAK BERELASI (lanjutan)                                             RELATED PARTIES (continued)

  Dalam kegiatan usahanya, Perusahaan melakukan                           In performing its business, the Company engages
  transaksi-transaksi tertentu dengan pihak berelasi.                     in certain transactions with the related parties.
  Transaksi-transaksi tersebut meliputi antara lain:                      Those transactions included:

  a.   Perusahaan memberikan kompensasi dan                               a.    The Company provides compensation and
       manfaat kepada Dewan Komisaris dan Direksi                               benefits for the Boards of Commissioners
       sebagai berikut:                                                         and Directors as follows:

                                         Tahun yang berakhir pada tanggal 31 Desember/
                                                   Year ended December 31,

                                                    2023                 2022

       Imbalan kerja jangka pendek                      11.923                  9.735           Short-term employee benefits

       Persentase terhadap total beban                     2.26%               2,07%            Percentage to total expenses


  b.   Perusahaan       memperoleh      pendapatan                        b.    The Company obtained consumer financing
       pembiayaan konsumen dari pihak berelasi.                                 income from the related party. The detail
       Rincian mengenai pendapatan pembiayaan                                   about consumer financing income and
       konsumen      serta  piutang     pembiayaan                              consumer financing receivable from related
       konsumen dari transaksi pihak berelasi adalah                            party are as follows:
       sebagai berikut:


                                         Tahun yang berakhir pada tanggal 31 Desember/
                                                   Year ended December 31,

                                                    2023                 2022

       Pendapatan pembiayaan                                                                                Consumer financing
         Konsumen (Catatan 22)                                                                               income (Note 22)
         PT Wahana Ottomitra                                                                              PT Wahana Ottomitra
           Multiartha Tbk                                  1.611                1.027                          Multiartha Tbk

       Persentase terhadap total pendapatan                0,15%               0,10%                   Percentage to total revenue



                                               31 Desember/           31 Desember/
                                             December 31, 2023      December 31, 2022

       Piutang pembiayaan                                                                                      Consumer finance
         konsumen-neto (Catatan 6)                                                                      receivable-net (Note 6)
         PT Wahana Ottomitra                                                                                 PT Wahana Ottomitra
            Multiartha Tbk                                 13.839                11.890                          Multiartha Tbk

       Persentase terhadap total aset                      0,17%                 0,16%                   Percentage to total assets




                                                              104
Page 394
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                             PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                             As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                      and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                         (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                unless otherwise stated)


31. TRANSAKSI DAN SALDO DENGAN PIHAK-                                 31. TRANSACTIONS AND BALANCES                          WITH
    PIHAK BERELASI (lanjutan)                                             RELATED PARTIES (continued)

  Dalam kegiatan usahanya, Perusahaan melakukan                           In performing its business, the Company engages
  transaksi-transaksi tertentu dengan pihak berelasi.                     in certain transactions with the related parties.
  Transaksi-transaksi tersebut meliputi antara lain                       Those transactions included (continued):
  (lanjutan):

  c.   Perusahaan melakukan investasi dalam saham                         c.    The Company has investment in shares at
       pada pihak berelasi. Rincian mengenai                                    the related parties. The details regarding
       investasi dalam saham pada pihak berelasi                                investment in shares at related party as
       adalah sebagai berikut:                                                  follows:

                                               31 Desember/           31 Desember/
                                             December 31, 2023      December 31, 2022

       Investasi dalam saham (Catatan 9)                                                           Investment in shares (Note 9)
       PT Maybank Sekuritas Indonesia                  159.504                  159.504           PT Maybank Sekuritas Indonesia

       Persentase terhadap total aset                      1,97%                 2,17%                   Percentage to total assets


  d.   Perusahaan memiliki beban pendanaan dan                            d.    The Company has financing, provision and
       beban provisi dan komisi kepada pihak-pihak                              commission expenses to the related parties.
       berelasi. Rincian mengenai beban pendanaan                               The details about financing, provision and
       dan beban provisi dan komisi kepada pihak                                commission expenses to the related party
       berelasi adalah sebagai berikut:                                         are as follows:

                                         Tahun yang berakhir pada tanggal 31 Desember/
                                                   Year ended December 31,

                                                    2023                 2022


       Beban pendanaan                                                                                      Financing expenses
         Beban bunga-utang bank                                                                    Interest expense-bank loan
           PT Bank Maybank Indonesia Tbk                   2.983                4.904       PT Bank Maybank Indonesia Tbk

       Persentase terhadap total beban                     0,56%               1,04%                  Percentage to total expenses
                                                                                                             Interest expense -
         Beban bunga - obligasi                                                                               bonds obligation
           Malayan Banking Berhad
             (Maybank)                                     3.739                5.259     Malayan Banking Berhad (Maybank)
           PT Bank Maybank Indonesia Tbk                   1.465                2.005       PT Bank Maybank Indonesia Tbk
           PT Asuransi Etiqa Internasional                                                    PT Asuransi Etiqa Internasional
             Indonesia                                         -                 179                            Indonesia

       Total                                               5.204                7.443                                     Total

       Persentase terhadap total beban                     0,99%               1,58%                  Percentage to total expenses




                                                              105
Page 395
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                              PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                              As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                       and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                          (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                 unless otherwise stated)


31. TRANSAKSI DAN SALDO DENGAN PIHAK-                                  31. TRANSACTIONS AND BALANCES                           WITH
    PIHAK BERELASI (lanjutan)                                              RELATED PARTIES (continued)

  Dalam kegiatan usahanya, Perusahaan melakukan                            In performing its business, the Company engages
  transaksi-transaksi tertentu dengan pihak berelasi.                      in certain transactions with the related parties.
  Transaksi-transaksi tersebut meliputi antara lain                        Those transactions included (continued):
  (lanjutan):
  e.   Rincian mengenai utang obligasi, utang bank,                        e.     The details of bonds payable, bank loan,
       dan utang lain-lain dengan pihak berelasi                                  dan other payables with the related party
       adalah sebagai berikut:                                                    are as follows:
                                                31 Desember/           31 Desember/
                                              December 31, 2023      December 31, 2022

         Utang obligasi                                                                                           Bonds payable
         Malayan Banking Berhad (Maybank)                                                       Malayan Banking Berhad (Maybank)
           (Catatan 16)                                 71.424                   73.327                               (Note 16)
         PT Bank Maybank Indonesia Tbk                                                            PT Bank Maybank Indonesia Tbk
           (Catatan 16)                                 27.976                   27.918                               (Note 16)
         PT Asuransi Etiqa Internasional                                                            PT Asuransi Etiqa Internasional
           Indonesia (Catatan 16)                            -                    2.499                    Indonesia (Note 16)

       Total                                            99.400                  103.744                                     Total

       Persentase terhadap total liabilitas              2,27%                   2,65%               Percentage to total liabilities


         Utang bank (Catatan 13)                                                                             Bank loan (Note 13)
         PT Bank Maybank Indonesia Tbk                   36.111                   66.667           PT Bank Maybank Indonesia Tbk

         Persentase terhadap
           total liabilitas                              0,82%                     1,70%                Percentage to total liabilities

         Utang lain-lain (Catatan 17)                                                                   Other payables (Note 17)
         PT Asuransi Etiqa Internasional                                                            PT Asuransi Etiqa Internasional
           Indonesia                                                                                                   Indonesia
           Utang asuransi                                11.894                    8.875                    Insurance payables
         PT Bank Maybank Indonesia Tbk                                                             PT Bank Maybank Indonesia Tbk
           Utang atas transaksi                                                                                Payables on joint
              pembayaran bersama                            88                       171                            financing

         Total utang lain-lain                          11.982                     9.046                      Total other payables

         Persentase terhadap
           total liabilitas                              0,27%                     0,23%                Percentage to total liabilities

  f.   Rincian mengenai beban akrual dengan pihak                          f.      The details of accrued expenses with the
       berelasi adalah sebagai berikut:                                           related party are as follows:

                                                31 Desember/           31 Desember/
                                              December 31, 2023      December 31, 2022

       Beban akrual (Catatan 15)                                                                     Accrued expenses (Note 15)
       PT Bank Maybank Indonesia Tbk                                                               PT Bank Maybank Indonesia Tbk
         Bunga Utang Obligasi                               39                        71             Interest on bonds payables
         Bunga Utang Bank                                  172                         -                   Interest on bank loan

       PT Asuransi Etiqa Internasional                                                              PT Asuransi Etiqa Internasional
           Indonesia                                                                                                  Indonesia
         Bunga utang obligasi                                    -                    24             Interest on bonds payables




                                                            106
Page 396
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                         As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                  and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                            unless otherwise stated)


31. TRANSAKSI DAN SALDO DENGAN PIHAK-                             31. TRANSACTIONS AND BALANCES                           WITH
    PIHAK BERELASI (lanjutan)                                         RELATED PARTIES (continued)

   Dalam kegiatan usahanya, Perusahaan melakukan                      In performing its business, the Company engages
   transaksi-transaksi tertentu dengan pihak berelasi.                in certain transactions with the related parties.
   Transaksi-transaksi tersebut meliputi antara lain                  Those transactions included (continued):
   (lanjutan):

   f.    Rincian mengenai beban akrual dengan pihak                   f.    The details of accrued expenses with the
         berelasi adalah sebagai berikut (lanjutan):                        related party are as follows (continued):


                                          31 Desember/            31 Desember/
                                        December 31, 2023       December 31, 2022

         Beban akrual (Catatan 15)                                                               Accrued expenses (Note 15)
         Malayan Banking Berhad
         (Maybank)                                                                        Malayan Banking Berhad (Maybank)
           Bunga utang obligasi                           27                     8             Interest on bonds payables


         Total beban akrual                              238                   103                   Total accrued expenses

           Persentase terhadap
             total liabilitas                      0,005%                   0,003%                 Percentage to total liabilities

    h.    Perusahaan       mengadakan     kerjasama                    h. The    Company       has    joint    financing
          pembiayaan bersama dengan PT Bank                               agreements with PT Bank Maybank
          Maybank Indonesia Tbk (Catatan 36) yang                         Indonesia Tbk (Note 36) which liabilities are
          kewajibannya diakui sebagai bagian dari                         recorded as Other Payables (Note 17) in
          Utang Lain-lain (Catatan 17) pada laporan                       the statement of financial position.
          posisi keuangan.


32. MANAJEMEN RISIKO KEUANGAN                                     32. FINANCIAL RISK MANAGEMENT

   Risiko utama dari instrumen keuangan Perusahaan                    The main risks arising from Company’s financial
   adalah risiko suku bunga, risiko kredit, dan risiko                instruments are interest rate risk,credit risk,and
   likuiditas. Perusahaan telah memiliki kebijakan                    liquidity risk. The Company has policies for
   untuk mengelola masing-masing risiko tersebut                      managing each of these risks, which are
   yang dijelaskan dengan lebih rinci sebagai berikut:                described in details as follows:

   Risiko Suku Bunga                                                  Interest Rate Risk

   Risiko suku bunga adalah risiko bahwa nilai wajar                  Interest rate risk is the risk that the fair value or
   atau arus kas masa datang atas instrumen                           future cash flows of a financial instrument will
   keuangan akan berfluktuasi karena perubahan                        fluctuate because of changes in market interest
   suku bunga pasar. Perusahaan mengupayakan                          rates. The Company’s policy is to try to manage
   untuk menerapkan kebijakan penggunaan pinjaman                     its borrowings using fixed interest rate in order to
   dengan tingkat suku bunga tetap (fixed rate) agar                  match the fixed interest rate which is charged to
   dapat menutup suku bunga yang dikenakan pada                       consumers.
   nasabah.




                                                          107
Page 397
                                                                                                 The original financial statements included herein are in the
                                                                                                                                       Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                                      PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                                                       NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                                                      As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                                               and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                                                  (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                                         unless otherwise stated)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                                    32. FINANCIAL RISK MANAGEMENT (continued)
   Risiko Suku Bunga (lanjutan)                                                                     Interest Rate Risk (continued)

   Tabel di bawah ini menggambarkan rincian jatuh                                                   The following tables represent breakdown of
   tempo aset dan liabilitas keuangan Perusahaan                                                    maturity dates of Company’s financial assets and
   yang dipengaruhi oleh tingkat bunga.                                                             liabilities which are affected by interest rate.
                                                                     31 Desember/December 31, 2023

                              Suku Bunga Variabel/                                               Suku Bunga Tetap/
                              Variable Interest Rate                                             Fixed Interest Rate

                            Kurang dari                         Kurang dari
                              3 bulan/                            3 bulan/
                             Less than        3-12 bulan/        Less than        3-12 bulan/      >1-5 tahun/       > 5 tahun/
                             3 months         3-12 months        3 months         3-12 months      >1-5 years        > 5 years        Total

     Aset keuangan                                                                                                                                  Financial assets
     Kas pada bank              166.444                     -                 -              -                   -                -    166.444         Cash in banks
     Piutang sewa                                                                                                                                     Finance leases
        Pembiayaan                        -                 -        11.273           113.206         1.557.907                   -   1.682.386        receivables
     Piutang pembiayaan                                                                                                                           Consumer financing
        konsumen                          -                 -        37.180           649.228         5.227.754          117.607      6.031.769        receivables
     Piutang lain-lain*)                  -                 -            91               177             5.597                -          5.865   Other receivables*)

     Total                      166.444                     .        48.544           762.611         6.791.258          117.607      7.886.464                  Total


     Liabilitas keuangan                                                                                                                          Financial liabilities
     Utang bank                           -                 -    .1.264.583           382.639          745.833                    -   2.393.055           Bank loans
     Utang obligasi                       -                 -       349.966           499.572          799.086                    -   1.648.624        Bonds payable

     Total                                -                 -     1.614.549           882.211         1.544.919                   -   4.041.679                  Total

     Total-neto                 166.444                     -    (1.566.005)         (119.600)        5.246.339          117.607      3.844.785             Total-net



     *)      Piutang lain-lain terdiri dari piutang karyawan dan                                     *) Other receivables consists of employee receivables
             piutang ijarah                                                                             and ijarah receivables.

                                                                     31 Desember/December 31, 2022

                              Suku Bunga Variabel/                                               Suku Bunga Tetap/
                              Variable Interest Rate                                             Fixed Interest Rate

                            Kurang dari                         Kurang dari
                              3 bulan/                            3 bulan/
                             Less than        3-12 bulan/        Less than        3-12 bulan/      >1-5 tahun/       > 5 tahun/
                             3 months         3-12 months        3 months         3-12 months      >1-5 years        > 5 years        Total

     Aset keuangan                                                                                                                                  Financial assets
     Bank dan deposito                                                                                                                             Cash in banks and
        berjangka                43.988                     -                 -              -                   -                -      43.988       time deposits
     Piutang sewa                                                                                                                                      Finance leases
        pembiayaan                        -                 -         9.278           113.168          940.138                    -   1.062.584         receivables
     Piutang pembiayaan                                                                                                                           Consumer financing
        konsumen                          -                 -        29.650           437.568         5.422.034          155.123      6.044.375         receivables
     Piutang lain-lain*)                  -                 -            81               212             5.066                -          5.359   Other receivables*)

     Total                       43.988                     -        39.009           550.948         6.367.238          155.123      7.156.306                  Total

     Liabilitas keuangan                                                                                                                          Financial liabilities
     Utang bank                           -                 -     1.237.500           370.833           188.890                   -   1.797.223           Bank loans
     Utang obligasi                       -                 -             -            99.956         1.646.650                   -   1.746.606        Bonds payable

     Total                                -                 -     1.237.500           470.789         1.835.540                   -   3.543.829                  Total


     Total-neto                  43.988                     -    (1.198.491)           80.159         4.531.698          155.123      3.612.477             Total-net



     *)      Piutang lain-lain terdiri dari piutang karyawan dan                                     *) Other receivables consists of employee receivables
             piutang ijarah                                                                             and ijarah receivables.




                                                                                   108
Page 398
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                       As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                   (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                          unless otherwise stated)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                          32. FINANCIAL RISK MANAGEMENT (continued)
   Risiko Suku Bunga (lanjutan)                                       Interest Rate Risk (continued)

   Analisis sensitivitas                                              Sensitivity analysis

   Manajemen risiko tingkat suku bunga terhadap                       The management of interest rate risk against
   batas perubahan tingkat suku bunga dilengkapi                      interest rate gap limits is supplemented by
   dengan pemantauan atas sensitivitas aset dan                       monitoring the sensitivity of Company’s financial
   liabilitas keuangan Perusahaan terhadap beberapa                   assets and liabilities to various standard and
   skenario suku bunga baku maupun non-baku.                          non-standard interest rate scenarios. Standard
   Skenario baku yang dilakukan setiap bulan                          scenarios that are considered on a monthly basis
   mencakup analisis kenaikan atau penurunan kurva                    include a 50 basis point (bp) parallel fall or rise in
   imbal hasil sebesar 50 basis poin (bp).                            all yield curves.
   Tabel berikut menunjukkan sensitivitas atas                        The following table demonstrates the sensitivity
   kemungkinan perubahan tingkat suku bunga pasar,                    to a reasonably possible change in market
   dengan variabel lain dianggap tetap, terhadap                      interest rates, with all other variables held
   pendapatan sewa pembiayaan dan pembiayaan                          constant, of the finance lease and consumer
   konsumen:                                                          financing income:


                                           31 Desember/           31 Desember/
                                         December 31, 2023      December 31, 2022

   Kenaikan suku bunga                                15.746                13.361                     Increase in interest rate
   Penurunan suku bunga                              (15.746)              (13.227)                   Decrease in interest rate


   Tabel berikut menunjukkan sensitivitas atas                         The following table demonstrates the sensitivity
   kemungkinan perubahan tingkat suku bunga pasar,                     to a reasonably possible change in market
   dengan variabel lain dianggap tetap, terhadap                       interest rates, with all other variables held
   beban pendanaan:                                                    constant, of the financing costs:
                                           31 Desember/           31 Desember/
                                         December 31, 2023      December 31, 2022

   Kenaikan suku bunga                               15.427                  7.155                     Increase in interest rate
   Penurunan suku bunga                             (15.427)                (7.155)                   Decrease in interest rate

   Risiko Kredit                                                      Credit Risk

   Risiko kredit adalah risiko jika pihak debitur tidak               Credit risk is the risk that a counterparty will not
   memenuhi kewajibannya dalam kontrak konsumen,                      meet its obligations under a customer contract,
   yang     menyebabkan        kerugian     keuangan.                 leading to a financial loss. The Company has
   Perusahaan telah melakukan analisa dan                             maintained prudent credit analysis and approval
   persetujuan kredit yang hati-hati dan juga                         process and also monitored consumer financing
   pengawasan terhadap saldo piutang pembiayaan                       and    finance     lease     receivable balances
   konsumen dan sewa pembiayaan dilakukan secara                      continuously in order to minimize the exposure to
   berkesinambungan untuk meminimalisasi piutang                      bad debts.
   yang tidak dapat ditagih.




                                                          109
Page 399
                                                               The original financial statements included herein are in the
                                                                                                     Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                  PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                  As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                           and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                              (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                     unless otherwise stated)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                      32. FINANCIAL RISK MANAGEMENT (continued)
   Risiko Kredit (lanjutan)                                      Credit Risk (continued)

   Proses persetujuan kredit dimulai dengan proses               Credit approval processes starting with the initial
   awal penerimaan aplikasi pembiayaan yang selektif             process selective selection of application and
   dan ditangani dengan prinsip kehati-hatian, dimana            implementation of prudent principle, whereby
   aplikasi pembiayaan akan melalui proses survei                financing applications will go through the process
   dan analisis pembiayaan untuk kemudian disetujui              of surveying and financing analysis which was
   oleh komite kredit. Perusahaan juga menerapkan                then approved by the credit committee.The
   Pedoman Penerapan Prinsip Mengenal Nasabah                    Company also implements Know Your Customer
   yang diatur oleh Peraturan Menteri Keuangan                   as     regulated        in    the      Minister  of
   No. 45/KMK.06/2003 tanggal 30 Januari 2003                    Finance Regulation No. 45/KMK.06/2003 dated
   tentang Penerapan Prinsip Mengenal Nasabah                    January 30, 2003 on Know Your Customer
   bagi Lembaga Keuangan Non Bank, yang telah                    Principles for Non-Bank Financial Institution
   diubah dengan Peraturan Menteri Keuangan                      that had been amended by Minister of
   No. 30/PMK.010/2010 tanggal 9 Februari 2010 dan               Finance Regulation No. 30/PMK.010/2010 dated
   Peraturan Ketua Badan Pengawas Pasar Modal                    February 9, 2010 and the Capital Market
   dan Lembaga Keuangan No. PER-05/BL/2011                       Supervisory Agency and Financial Institution
   tanggal 30 Maret 2011 tentang Pedoman                         No. PER-05/BL/2011 dated March 30, 2011 on
   Pelaksanaan      Penerapan    Prinsip    Mengenal             Application Guidelines on Know Your Customer
   Nasabah pada Lembaga Keuangan Non                             for Non-Bank Financial Institution. Management
   Bank. Manajemen risiko kredit mencakup namun                  of credit risk include, but are not limited to:
   tidak terbatas pada:

   1.   Menjaga agar eksposur kredit kepada setiap               1. Maintaining credit exposure to each customer
        nasabah berada dalam limit yang ditetapkan                  within the limits set for the client in line with
        kepada nasabah tersebut sesuai dengan                       the calculation of the customer’s credit risk
        perhitungan customer credit risk rating.                    rating.


   2.   Memproses setiap pengajuan aplikasi                      2. Processing every credit application in
        pembiayaan sesuai dengan ketentuan dan                      accordance with the applicable provisions
        prosedur yang berlaku dan memperhatikan                     and procedures and paying attention to the
        identifikasi risiko awal pada nasabah                       early identification of risks in the customer.
        tersebut.

   3.   Melakukan pengawasan dan review terhadap                 3. Monitoring and periodic review of the
        nasabah secara berkala dalam jangka waktu                   customers within a reasonable period of time
        yang wajar serta melakukan analisis deteksi                 and performing analysis for early detection of
        dini atas pembiayaan yang mengarah kepada                   financing that may become uncollectible.
        pembiayaan bermasalah.

   4.   Melakukan pengelolaan risiko kredit yang                 4. Performing      independent credit    risk
        independen dengan kewenangan yang jelas                     management with a clear authorization and
        dan bertanggung jawab.                                      responsibility.

   Eksposur maksimum terhadap risiko kredit                      Maximum exposure to credit risk

   Nilai tercatat dari aset keuangan Perusahaan                  The carrying amount of the Company’s financial
   selain piutang sewa pembiayaan dan piutang                    assets other than finance lease receivables and
   pembiayaan konsumen menggambarkan eksposur                    consumer financing receivables represent the
   maksimum atas risiko kredit.                                  maximum exposure of credit risk.

   Jaminan dan perlindungan kredit lainnya                       Collateral and other credit enhancements

   Nilai dan jenis jaminan yang dibutuhkan                       The amount and type of collateral required
   tergantung pada penilaian risiko kredit dari                  depends on an assessment of the credit risk of
   counterparty. Panduan tentang jenis jaminan dan               the counterparty. Guidelines are implemented
   parameter penilaian yang bisa diterima telah                  regarding the acceptability of types of collateral
   diimplementasikan.                                            and valuation parameters.

                                                        110
Page 400
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                          As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                   and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                             unless otherwise stated)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                             32. FINANCIAL RISK MANAGEMENT (continued)
   Risiko Kredit (lanjutan)                                              Credit Risk (continued)
   Jaminan dan perlindungan kredit lainnya (lanjutan)                    Collateral and        other     credit    enhancements
                                                                         (continued)
   Umumnya agunan diperlukan dalam setiap                                Generally, collateral is required for all credits
   pemberian kredit sebagai sumber terakhir                              extended as a second source of credit repayment
   pelunasan kredit (secondary source of repayment)                      and also as a form of credit risk mitigation. The
   dan sebagai salah satu bentuk mitigasi risiko kredit.                 primary source of credit repayment is the funds
   Sumber utama pelunasan kredit adalah dari hasil                       generated from business operations or income of
   usaha atau pendapatan debitur.                                        the borrowers.

   Dalam hal piutang pembiayaan konsumen dan                             In case of consumer financing and finance lease
   sewa pembiayaan, agunan yang dapat diterima                           receivables, collaterals acceptable by the
   oleh Perusahaan dari konsumen adalah Bukti                            Company from the debtor is the Certificate of
   Pemilikan Kendaraan Bermotor (BPKB) atas                              Ownership of the vehicles financed by the
   kendaraan yang dibiayai oleh Perusahaan.                              Company.
   Dalam       memberikan pembiayaan    kepada                           In providing financing to customers, the Company
   konsumen, Perusahaan menetapkan minimum                               sets a minimum down payment that must be paid
   uang muka yang harus dibayar oleh konsumen                            by customers which is an average 35%.
   yaitu rata-rata 35%.
   Analisis konsentrasi risiko kredit                                    Concentration of credit risk analysis
   Perusahaan terutama bergerak di bidang usaha                          The Company is primarily engaged in consumer
   pembiayaan konsumen yang konsumennya                                  financing business in which the customers are
   kebanyakan adalah perorangan dan tidak                                mainly individuals and they are not concentrated
   terkonsentrasi pada wilayah geografis tertentu.                       in the specific geographic region.
   Konsentrasi risiko kredit timbul ketika sejumlah                      Concentrations of credit risk arise when a number
   konsumen bergerak dari aktivitas usaha yang sama                      of customers are engaged in similar business
   atau aktivitas dalam wilayah geografis yang sama,                     activities or activities within the same geographic
   atau ketika mereka memiliki karakteristik yang                        region, or when they have similar characteristics
   sejenis yang akan menyebabkan kemampuan                               that would cause their ability to meet contractual
   untuk memenuhi kewajiban kontraktualnya sama-                         obligations to be similarly affected by changes in
   sama dipengaruhi oleh perubahan kondisi ekonomi                       economic or other conditions.
   atau yang lainnya.
   Tabel berikut menggambarkan jumlah risiko kredit                      The following tables describe the amount of
   dan konsentrasi risiko atas piutang yang dimiliki                     credit risk and its concentrated risk upon
   Perusahaan:                                                           Company’s receivables:
                                            31 Desember/             31 Desember/
                                          December 31, 2023        December 31, 2022
   Kas pada bank                                                                                                       Cash in banks
      Lembaga keuangan                                166.444                   43.988                         Financial institution
   Piutang sewa pembiayaan                                                                                  Finance lease receivables
      Korporasi                                     1.584.168                1.012.348                                  Corporate
      Individu                                         98.218                   50.236                                   Individual

      Sub-total                                     1.682.386                1.062.584                                   Sub-total
   Piutang pembiayaan konsumen                                                                         Consumer financing receivables
      Korporasi                                     1.374.075                  423.432                                  Corporate
      Individu                                      4.657.694                5.620.943                                  Individual

      Sub-total                                     6.031.769                6.044.375                                   Sub-total
   Piutang lain-lain                                                                                                Other receivables
      Individu                                             9.044                 8.895                                  Individual
   Aset lain-lain*)                                                                                                    Other assets*)
      Korporasi                                            5.329                 3.369                                 Corporate
   Dikurangi: cadangan kerugian                                                                         Less: allowance for impairment
      penurunan nilai                                 (60.075)                 (51.419)                                      losses

   Total                                            7.834.897                7.111.792                                          Total



                                                             111
Page 401
                                                                                          The original financial statements included herein are in the
                                                                                                                                Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                              PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                                              As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                                       and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                                          (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                                 unless otherwise stated)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                               32. FINANCIAL RISK MANAGEMENT (continued)

   Risiko Kredit (lanjutan)                                                                  Credit Risk (continued)

   Analisis konsentrasi risiko kredit (lanjutan)                                             Concentration of credit risk analysis (continued)

   Informasi kualitas kredit yang mengalami                                                  The following tables set out the credit risk based
   penurunan nilai dan tidak mengalami penurunan                                             on impaired and not impaired classification as of
   nilai per tanggal-tanggal 31 Desember 2023 dan                                            December 31, 2023 and 2022:
   2022 adalah sebagai berikut:
                                                                     31 Desember/December 31, 2023

                                                  Belum jatuh       Jatuh tempo
                                                  tempo dan           dan tidak
                                               tidak mengalami       mengalami
                                               penurunan nilai/    penurunan nilai/      Mengalami
                                                  Neither past      Past due but       penurunan nilai/
                                               due nor impaired     not impaired          Impaired            Total

   Aset Keuangan                                                                                                                                 Financial Assets
   Kas dan setara kas                                  166.444                   -                   -           166.444             Cash and cash equivalents
   Piutang sewa pembiayaan                           1.636.025              36.474               9.887         1.682.386               Finance lease receivables
   Piutang pembiayaan konsumen - neto                5.665.618             344.990              21.161         6.031.769      Consumer financing receivables - net
   Piutang lain-lain                                     9.044                   -                   -             9.044                       Other receivables
   Aset lain-lain*)                                      5.329                   -                   -             5.329                          Others assets*)

   Total                                             7.482.460             381.464              31.048         7.894.972                                     Total
   Dikurangi: cadangan kerugian
     penurunan nilai                                   (31.429)            (19.037)             (9.609)          (60.075)    Less: allowance for impairment losses

   Total                                             7.451.031             362.427              21.439         7.834.897                                    Total

   *) Aset lain-lain terdiri dari piutang subsidi                                           *) Other assets consists of subsidy receivables


                                                                     31 Desember/December 31, 2022

                                                  Belum jatuh       Jatuh tempo
                                                  tempo dan           dan tidak
                                               tidak mengalami       mengalami
                                               penurunan nilai/    penurunan nilai/      Mengalami
                                                  Neither past      Past due but       penurunan nilai/
                                               due nor impaired     not impaired          Impaired            Total

   Aset Keuangan                                                                                                                                 Financial Assets
   Kas dan setara kas                                   43.988                   -                   -            43.988             Cash and cash equivalents
   Piutang sewa pembiayaan                           1.045.916              15.572               1.096         1.062.584               Finance lease receivables
   Piutang pembiayaan konsumen - neto                5.715.790             315.352              13.233         6.044.375      Consumer financing receivables - net
   Piutang lain-lain                                     8.895                   -                   -             8.895                       Other receivables
   Aset lain-lain*)                                      3.369                   -                   -             3.369                          Others assets*)

   Total                                             6.817.958             330.924              14.329         7.163.211                                     Total
   Dikurangi: cadangan kerugian
     penurunan nilai                                   (48.924)             (2.081)               (414)          (51.419)    Less: allowance for impairment losses

   Total                                             6.769.034             328.843              13.915         7.111.792                                    Total


   *) Aset lain-lain terdiri dari piutang subsidi                                           *) Other assets consists of subsidy receivables


   Tabel berikut menunjukkan aging analysis terhadap                                         The following tables summarize the aging analysis
   piutang pembiayaan konsumen dan piutang sewa                                              of consumer financing receivables and finance
   pembiayaan yang telah jatuh tempo tetapi tidak                                            lease receivables which are past due but not
   mengalami penurunan nilai.                                                                impaired.

                                                                            31 Desember/
                                                                          December 31, 2023

                                              1-30 hari/days      31-60 hari/days     61-90 hari/days         Total

   Piutang sewa pembiayaan                             25.380               7.260               3.834            36.474             Finance lease receivables
   Piutang pembiayaan                                                                                                                    Consumer financing
      konsumen                                        266.842              62.106              16.042           344.990                        receivables

                                                      292.222              69.366              19.876           381.464




                                                                             112
Page 402
                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                                As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                         and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                            (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                   unless otherwise stated)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                               32. FINANCIAL RISK MANAGEMENT (continued)

   Risiko Kredit (lanjutan)                                                  Credit Risk (continued)

   Analisis konsentrasi risiko kredit (lanjutan)                            Concentration of credit risk analysis (continued)

   Tabel berikut menunjukkan aging analysis terhadap                        The following tables summarize the aging analysis
   piutang pembiayaan konsumen dan piutang sewa                             of consumer financing receivables and finance
   pembiayaan yang telah jatuh tempo tetapi tidak                           lease receivables which are past due but not
   mengalami penurunan nilai (lanjutan).                                    impaired (continued).

                                                             31 Desember/
                                                           December 31, 2022

                                   1-30 hari/days   31-60 hari/days   61-90 hari/days       Total

   Piutang sewa pembiayaan                 14.843              512                 217         15.572          Finance lease receivables
   Piutang pembiayaan                                                                                               Consumer financing
      konsumen                            254.822           51.437                9.093       315.352                     receivables

                                          269.665           51.949                9.310       330.924



   Perkembangan pandemi global Coronavirus                                  The developing Coronavirus Disease 2019
   Disease 2019 (“COVID-19”) secara global telah                            (“COVID-19”) global pandemic has had an impact
   berdampak terhadap kinerja dan kapasitas debitur                         on the performance and capacity of debtors in
   dalam memenuhi kewajiban pembayaran kredit                               fulfilling repayment that has led to an increase in
   yang menyebabkan peningkatan dalam risiko kredit                         credit risk of Indonesian financing companies.
   perusahaan pembiayaan Indonesia.
   Menyikapi kondisi saat ini, Perusahaan telah                             In response to the current condition, the Company
   menyusun kebijakan khusus dan prosedur                                   has established specific policy and supporting
   pendukungnya terkait penanganan debitur yang                             procedures related to handling of debtors affected
   terkena dampak COVID-19 yang antara lain                                 by COVID-19, which include:
   mencakup:
   1)   Penetapan kualitas aset                                             1)       Determination of asset quality

   2)   Restrukturisasi kredit atau          pembiayaan                      2)      Restructuring of Loan or financing included
        termasuk penyediaan dana lain                                                other earning asset

   3)   Loan impairment                                                     3)       Loan impairment

   4)   Pemantauan & Pelaporan                                              4)       Monitoring & Reporting

   Sesuai dengan POJK No. 11/POJK.03/2020                                   In accordance to POJK No. 11/POJK.03/2020
   tanggal 16 Maret 2020 dan siaran pers IAI atas                           dated March 16, 2020 and IAI press release on
   dampak pandemi COVID-19, Perusahaan telah                                the COVID-19 pandemic impact, the Company
   melakukan     restrukturisasi  kredit    terhadap                        has restructured loans on consumers which are
   konsumen yang terkena dampak COVID-19, dan                               affected by COVID-19, and reported the balance
   melaporkan saldo restrukturisasi kredit tersebut                         as current collectibility. Credit restructuring is
   pada kolektibilitas lancar. Restrukturisasi kredit                       performed by lowering the interest rate and/or
   dilakukan dengan penurunan suku bunga dan/atau                           interest or principal postponement in selected
   penundaan pembayaran bunga dan pokok di                                  cases.
   kasus-kasus tertentu.




                                                              113
Page 403
                                                                             The original financial statements included herein are in the
                                                                                                                   Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                     PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                                     As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                              and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                                 (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                        unless otherwise stated)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                   32. FINANCIAL RISK MANAGEMENT (continued)

   Risiko Kredit (lanjutan)                                                     Credit Risk (continued)

   Sehubungan dengan pandemi COVID-19 yang                                     In relation to the COVID-19 pandemic which has
   telah menimbulkan ketidakpastian ekonomi,                                   resulted in economic uncertainty, the Company
   Perusahaan senantiasa melakukan monitoring                                  will continuously monitor the current and projected
   perubahan ekonomi saat ini dan yang akan datang                             economic changes and macro economic outlook
   dan perkiraan makro ekonomi yang akan                                       which will affect the Company’s expected credit
   mempengaruhi pembentukan kerugian kredit                                    loss calculation. This covers the consumers’
   ekspektasian Perusahaan. Hal ini termasuk                                   repayment capacity to the Company, including the
   perkiraan kemampuan konsumen dalam memenuhi                                 debtors with restructured facilities due to
   kewajibannya kepada Perusahaan, termasuk di                                 COVID-19 impact, both during the restructuring
   dalamnya debitur yang mendapatkan fasilitas                                 period and COVID-19 pandemic and after the
   restrukturisasi akibat dampak COVID-19 selama                               COVID-19.
   masa restrukturisasi dan pandemi COVID-19
   maupun setelah dampak pandemi COVID-19
   berakhir.

   Risiko Likuiditas                                                           Liquidity Risk
   Risiko likuiditas merupakan risiko dimana                                    Liquidity risk is a risk where the Company does
   Perusahaan tidak memiliki sumber keuangan yang                               not have enough assets to meet its matured
   mencukupi untuk memenuhi liabilitasnya yang                                  liability or line of credit facility for refinancing. The
   telah jatuh tempo atau fasilitas kredit untuk                                risk can be resolved by the Company because in
   pembiayaan kembali. Risiko tersebut dapat diatasi                            giving consumer financing facility, besides using
   oleh Perusahaan karena dalam pemberian fasilitas                             self financing, The Company also maintains
   pembiayaan konsumen, selain menggunakan dana                                 partnership with several national banks and
   sendiri, Perusahaan juga memiliki kerjasama                                  state-owned banks in the form of joint financing
   dengan beberapa bank nasional dan bank                                       and demand loan and term loans.
   pemerintah dalam bentuk fasilitas pinjaman untuk
   pembiayaan bersama (joint financing) maupun
   demand loan dan term loan.
   Tabel di bawah ini menggambarkan profil jatuh                                The tables below summarizes the maturity profile
   tempo atas aset dan liabilitas keuangan                                      of the Company’s financial assets and liabilities at
   Perusahaan masing-masing pada tanggal-tanggal                                December 31, 2023 and 2022, respectively,
   31 Desember 2023 dan 2022 berdasarkan sisa                                   based on remaining contractual maturity date
   jatuh tempo kontraktual yang tidak didiskonto:                               undiscounted:
                                                     31 Desember/December 31, 2023

                                Kurang dari
                                  3 bulan/
                                 Less than       3-12 bulan/         >1-5 tahun/          > 5 tahun/
                                 3 months        3-12 months         >1-5 years           > 5 years        Total
   Aset                                                                                                                               Assets
                                                                                                                                  Cash and
      Kas dan setara kas             166.914                   -                   -                   -     166.914   cash equivalents
                                                                                                                             Finance lease
      Piutang sewa pembiayaan         11.256          115.821            1.737.829                     -   1.864.906        receivables
      Piutang pembiayaan                                                                                               Consumer financing
          konsumen                    43.289          770.217            6.764.911           182.628       7.761.045        receivables
      Piutang lain-lain*)                 91              185                6.679                 -           6.955    Other receivables*)
      Aset lain-lain**)                5.329                -                    -                 -           5.329        Other assets**)
   Total                             226.879         886.223             8.509.419           182.628       9.805.149                   Total

   Liabilitas                                                                                                                     Liabilities
      Utang bank                    1.198.825        428.746              802.536                      -   2.430.107           Bank loans
      Utang dealer                    120.912              -                    -                      -     120.912   Payables to dealers
      Utang lain-lain***)              76.643              -                    -                      -      76.643    Other payables***)
      Utang obligasi                  385.793        519.431              834.667                      -   1.739.891       Bonds payable
   Total                            1.782.173        948.177             1.637.203                     -   4.367.553                   Total

   Perbedaan jatuh tempo           (1.555.294)       (61.954)            6.872.216           182.628       5.437.596           Maturity gap




                                                                   114
Page 404
                                                                                               The original financial statements included herein are in the
                                                                                                                                     Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                                       PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                                                        NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                                                       As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                                                and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                                                   (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                                          unless otherwise stated)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                                     32. FINANCIAL RISK MANAGEMENT (continued)
   Risiko Likuiditas (lanjutan)                                                                    Liquidity Risk (continued)
   Tabel di bawah ini menggambarkan profil jatuh                                                  The tables below summarizes the maturity profile
   tempo atas aset dan liabilitas keuangan                                                        of the Company’s financial assets and liabilities at
   Perusahaan masing-masing pada tanggal-tanggal                                                  December 31, 2023 and 2022, respectively,
   31 Desember 2023 dan 2022 berdasarkan sisa                                                     based on remaining contractual maturity date
   jatuh tempo kontraktual yang tidak didiskonto                                                  undiscounted (continued):
   (lanjutan):
                                                                       31 Desember/December 31, 2022

                                               Kurang dari
                                                 3 bulan/
                                                Less than          3-12 bulan/         >1-5 tahun/           > 5 tahun/
                                                3 months           3-12 months         >1-5 years            > 5 years             Total
   Aset                                                                                                                                                          Assets
                                                                                                                                                             Cash and
      Kas dan setara kas                                44.434                   -                   -                    -             44.434    cash equivalents
                                                                                                                                                        Finance lease
      Piutang sewa pembiayaan                            9.305          116.232            1.048.811                      -         1.174.348          receivables
      Piutang pembiayaan                                                                                                                          Consumer financing
          konsumen                                      40.434          655.824            6.778.940             223.024            7.698.222          receivables
      Piutang lain-lain*)                                   81              222                6.338                   -                6.641      Other receivables*)
      Aset lain-lain**)                                  3.369                -                    -                   -                3.369          Other assets**)
   Total                                                97.623         772.278             7.834.089             223.024            8.927.014                         Total

   Liabilitas                                                                                                                                                 Liabilities
      Utang bank                                     1.253.923         389.318               193.769                      -         1.837.010              Bank loans
      Utang dealer                                     145.127               -                     -                      -           145.127      Payables to dealers
      Utang lain-lain***)                               89.839               -                     -                      -            89.839       Other payables***)
      Utang obligasi                                    27.612         184.835             1.739.890                      -         1.952.337          Bonds payable
   Total                                             1.516.501         574.153             1.933.659                      -         4.064.796                         Total

   Perbedaan jatuh tempo                             (1.418.878)       198.125             5.900.430             223.024            4.862.218                Maturity gap


   *) Piutang lain-lain terdiri atas piutang karyawan dan ijarah                               *) Other receivables consists of employee receivables and ijarah receivables
   **) Aset lain-lain terdiri dari piutang subsidi                                             **) Other assets consists of subsidy receivables
   ***) Utang lain-lain terdiri atas utang asuransi dan utang atas transaksi                   ***) Other payables consist of insurance payables and payable on joint
        pembiayaan bersama                                                                           financing


   Perusahaan senantiasa mengevaluasi efektifitas                                                 The Company continually evaluates the
   sistem operasi dan prosedur standar terhadap                                                   effectiveness of standard operating systems and
   fungsi penagihan dan meningkatkan pembiayaan                                                   procedures to improve collection functions and
   konsumen melalui joint financing untuk mengatasi                                               increase the portfolio of joint financing to
   maturity gap negatif yang ada, selain itu                                                      overcome the negative maturity gap, beside that
   Manajemen Perusahaan berkeyakinan bahwa sisa                                                   the Company’s Management believes that the
   limit fasilitas utang bank dari masing-masing bank                                             remaining unused bank loan facility limit from
   masih cukup untuk mengatasi maturity gap negatif                                               each bank are still able to cover the negative
   yang ada.                                                                                      maturity gap.
   Risiko Operasional                                                                              Operational Risk

   Risiko operasional merupakan risiko-risiko yang                                                 The Operational Risk is risks that resulted from
   disebabkan oleh ketidakcukupan dan/atau tidak                                                   inadequacy and/or disfunction of internal process,
   berfungsinya proses internal, kesalahan manusia,                                                human errors, system failures or external issues
   kegagalan sistem atau problem eksternal yang bisa                                               that may impact the Company’s operations. In
   mempengaruhi operasional Perusahan. Risiko                                                      general the Operational risk can both directly and
   operasional umumnya dapat menimbulkan kerugian                                                  indirectly render the financial losses, as well as
   keuangan, baik secara langsung maupun tidak                                                     potential loss on failing in taking the opportunity
   langsung, serta kerugian potensial atas hilangnya                                               of generating profitability. The Operational risk
   kesempatan untuk memperoleh keuntungan. Risiko                                                  can be embedded into the Company’s functional
   operasional dapat melekat pada aktivitas fungsional                                             activities such as lending, information system
   Perusahaan seperti perkreditan (penyediaan dana),                                               technology and management information system,
   teknologi sistem informasi dan sistem informasi                                                 as well as human resources management.
   manajemen, serta pengelolaan sumber daya
   manusia.
                                                                                     115
Page 405
                                                                                          The original financial statements included herein are in the
                                                                                                                                Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                              PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                                              As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                                       and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                                          (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                                 unless otherwise stated)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                                32. FINANCIAL RISK MANAGEMENT (continued)
   Risiko Likuiditas (lanjutan)                                                              Liquidity Risk (continued)

   Upaya meningkatkan kebutuhan manajemen risiko                                             The effort to enhance effective operational risk
   operasional yang efektif didorong oleh beberapa                                           management is encouraged by the following
   faktor sebagai berikut:                                                                   factors:
       Kerugian operasional signifikan yang dialami                                           Significant operational losses experienced by
        oleh industri Perusahaan Pembiayaan;                                                      Financing Companies industry;
       Regulasi yang baru dan praktik terbaik dalam                                           New regulations and best practices in
        Perusahaan Pembiayaan di Indonesia;                                                       financing companies in Indonesia;
       Perubahan yang relatif cepat dalam dunia                                               Relatively fast evolution in business
        bisnis;                                                                                   environment;
       Tumbuhnya kebutuhan akan pengukuran                                                    Increased       needs      of    performance
        kinerja;                                                                                  measurement;

   Dalam memberikan respon yang tepat terhadap                                               In accurately responding the above factors, as
   faktor-faktor di atas, juga atas visi Perusahaan                                          well as the Company’s vision to maintain a
   untuk tetap menjaga risiko agar tetap seimbang                                            balance risk with business growth, the Company
   dengan       pertumbuhan     bisnis,      Perusahaan                                      realizes its needs to enhance the awareness of
   menyadari kebutuhannya untuk meningkatkan                                                 operational riskas well as the need to establish
   kesadaran akan risiko operasional, serta kebutuhan                                        the operational risk management adequate
   untuk membentuk kerangka kerja manajemen risiko                                           framework, policy and procedures, which shall be
   operasional, kebijakan, dan prosedur yang                                                 consistenly applied in the Company.
   memadai       serta   konsisten      diterapkan    di
   Perusahaan.

33. INSTRUMEN KEUANGAN                                                                  33. FINANCIAL INSTRUMENTS

   Berikut metode dan asumsi yang digunakan untuk                                           The following methods and assumptions are used
   estimasi nilai wajar:                                                                    to estimate the fair value:

   Nilai wajar dari piutang sewa pembiayaan, piutang                                        The fair value of finance lease receivables,
   pembiayaan konsumen, utang bank dan utang                                                consumer financing receivables, bank loans and
   obligasi ditentukan menggunakan diskonto arus                                            bonds payables are determined by discounted
   kas berdasarkan tingkat suku bunga kontraktual                                           cash flows using contractual interest rate as of
   pada tanggal-tanggal 31 Desember 2023 dan                                                December 31, 2023 and 2022.
   2022.

   Tabel di bawah ini menyajikan instrumen keuangan                                          The table below shows the financial instruments
   yang diakui pada nilai wajar berdasarkan hirarki                                          recognized at fair value based on the hierarchy
   yang digunakan Perusahaan untuk menentukan                                                used by the Company in determining and
   dan mengungkapkan nilai wajar dari instrumen                                              disclosing the fair value of financial instruments:
   keuangan:
                                                         31 Desember /December 31, 2023

                                                                           Nilai wajar/Fair value
                                            Nilai
                                          tercatat/       Tingkat 1/       Tingkat 2/      Tingkat 3/
                                        Carrying value     Level 1          Level 2         Level 3              Total

   Aset keuangan                                                                                                                                 Financial assets
   Piutang sewa pembiayaan - neto           1.666.010                  -     1.684.734              10.282       1.695.016        Finance lease receivables - net
   Piutang pembiayaan konsumen - neto       5.988.601                  -     6.929.775              24.973       6.954.748   Consumer financing receivables – net
   Investasi dalam saham                      159.504                  -       159.504                   -         159.504                  Investment in shares

                                            7.814.115                  -      8.774.013             35.255       8.809.268

   Liabilitas keuangan                                                                                                                         Financial liabilities
   Utang bank                               2.393.055                  -     2.403.886                   -       2.403.886                           Bank loans
   Utang obligasi                           1.648.624                  -     1.657.493                   -       1.657.493                        Bond payables

                                            4.041.679                  -      4.061.379                      -   4.061.379




                                                                            116
Page 406
                                                                                              The original financial statements included herein are in the
                                                                                                                                    Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                                  PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                                                  As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                                           and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                                              (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                                     unless otherwise stated)


33. INSTRUMEN KEUANGAN (lanjutan)                                                         33. FINANCIAL INSTRUMENTS (continued)

   Tabel di bawah ini menyajikan instrumen keuangan                                             The table below shows the financial instruments
   yang diakui pada nilai wajar berdasarkan hirarki                                             recognized at fair value based on the hierarchy
   yang digunakan Perusahaan untuk menentukan                                                   used by the Company in determining and
   dan mengungkapkan nilai wajar dari instrumen                                                 disclosing the fair value of financial instruments
   keuangan (lanjutan):                                                                         (continued):
                                                         31 Desember /December 31, 2022

                                                                             Nilai wajar/Fair value
                                            Nilai
                                          tercatat/       Tingkat 1/         Tingkat 2/        Tingkat 3/
                                        Carrying value     Level 1            Level 2           Level 3             Total

   Aset keuangan                                                                                                                                   Financial assets
   Piutang sewa pembiayaan - neto           1.052.998                   -       1.193.191                954        1.194.145        Finance lease receivables - net
   Piutang pembiayaan konsumen - neto       6.002.684                   -       6.619.582             11.946        6.631.528   Consumer financing receivables - net
   Investasi dalam saham                      159.504                   -         159.504                  -          159.504                  Investment in shares

                                            7.215.186                   -       7.972.277             12.900        7.985.177

   Liabilitas keuangan                                                                                                                            Financial liabilities
   Utang bank                               1.797.223                    -      1.826.720                    -      1.826.720                           Bank loans
   Utang obligasi                           1.746.606                    -      1.928.633                    -      1.928.633                        Bond payables

                                            3.543.829                    -      3.755.353                    -      3.755.353




   Tabel di bawah ini menyajikan perbandingan atas                                               The tables below present a comparison by class
   nilai tercatat dengan nilai wajar dari instrumen                                              of the carrying amounts and fair value of the
   keuangan Perusahaan yang tercatat dalam laporan                                               Company’s financial instrument that are carried in
   keuangan.                                                                                     the financial statements.
                                                                         31 Desember/
                                                                       December 31, 2023

                                             Aset
                                         keuangan
                                        yang diukur
                                         nilai wajar        Aset        Liabilitas
                                           melalui       keuangan       keuangan
                                          laba rugi/    diukur pada    diukur pada
                                          Financial biaya perolehan biaya perolehan
                                            assets     diamortisasi/ diamortisasi/
                                        measured at      Financial      Financial                Nilai
                                          fair value       assets       liabilities            tercatat/
                                           through      measured at    measured at             Carrying          Nilai wajar/
                                        profit or loss amortized cost amortized cost             value           Fair value

   ASET KEUANGAN                                                                                                                              FINANCIAL ASSETS
   Kas dan setara kas - neto                        -          166.420                    -        166.420            166.420       Cash and cash equivalents -net
   Piutang sewa pembiayaan - neto                   -        1.666.010                    -      1.666.010          1.695.016        Finance lease receivable - net
   Piutang pembiayaan konsumen - neto               -        5.988.601                    -      5.988.601          6.954.748   Consumer financing receivables - net
   Piutang lain-lain*)                              -            5.865                    -          5.865              5.865                    Other receivables*)
   Aset lain-lain                                   -            5.773                    -          5.773              5.773                          Other assets
   Investasi dalam saham                      159.504                -                    -        159.504            159.504                   Investment in share

   Total aset keuangan                        159.504        7.832.669                    -      7.992.173          8.987.326                 Total financial assets

   LIABILITAS KEUANGAN                                                                                                                     FINANCIAL LIABILITIES
   Utang bank                                       -                   -       2.393.055        2.393.055          2.403.886                           Bank loans
   Utang dealer                                     -                   -         120.912          120.912            120.912                   Payables to dealers
   Utang lain-lain**)                               -                   -          76.643           76.643             76.643                     Other payables**)
   Beban akrual-bunga                               -                   -          10.666           10.666             10.666              Accrue expenses-interest
   Utang obligasi                                   -                   -       1.648.623        1.648.624          1.657.493                       Bond payables

   Total liabilitas keuangan                        -                   -       4.249.900        4.249.900          4.269.600              Total financial liabilities




                                                                              117
Page 407
                                                                                                 The original financial statements included herein are in the
                                                                                                                                       Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                                    PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                                                    As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                                             and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                                                (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                                       unless otherwise stated)


33. INSTRUMEN KEUANGAN (lanjutan)                                                           33. FINANCIAL INSTRUMENTS (continued)
   Tabel di bawah ini menyajikan perbandingan atas                                                 The tables below present a comparison by class
   nilai tercatat dengan nilai wajar dari instrumen                                                of the carrying amounts and fair value of the
   keuangan Perusahaan yang tercatat dalam laporan                                                 Company’s financial instrument that are carried in
   keuangan (lanjutan).                                                                            the financial statements (continued).

                                                                              31 Desember/
                                                                            December 31, 2022

                                                     Aset
                                                 keuangan
                                                yang diukur
                                                 nilai wajar        Aset        Liabilitas
                                                   melalui       keuangan       keuangan
                                                  laba rugi/    diukur pada    diukur pada
                                                  Financial biaya perolehan biaya perolehan
                                                    assets     diamortisasi/ diamortisasi/
                                                measured at      Financial      Financial           Nilai
                                                  fair value       assets       liabilities       tercatat/
                                                   through      measured at    measured at        Carrying        Nilai wajar/
                                                profit or loss amortized cost amortized cost        value         Fair value

   ASET KEUANGAN                                                                                                                                       FINANCIAL ASSETS
   Kas dan setara kas - neto                                 -           44.359              -         44.359             44.359             Cash and cash equivalents - net
   Piutang sewa pembiayaan - neto                            -        1.052.998              -      1.052.998          1.194.145              Finance lease receivable - net
   Piutang pembiayaan konsumen - neto                        -        6.002.684              -      6.002.684          6.631.528         Consumer financing receivables - net
   Piutang lain-lain*)                                       -            5.359              -          5.359              5.359                          Other receivables*)
   Aset lain-lain                                            -            3.803              -          3.803              3.803                                Other assets
   Investasi dalam saham                               159.504                -              -        159.504            159.504                         Investment in share

   Total aset keuangan                                 159.504        7.109.203              -      7.268.707          8.038.698                       Total financial assets

   LIABILITAS KEUANGAN                                                                                                                              FINANCIAL LIABILITIES
   Utang bank                                                 -               -      1.797.223      1.797.223          1.826.720                                 Bank loans
   Utang dealer                                               -               -        145.127        145.127            145.127                         Payables to dealers
   Utang lain-lain**)                                         -               -         89.839         89.839             89.839                           Other payables**)
   Beban akrual-bunga                                         -               -          6.008          6.008              6.008                    Accrue expenses-interest
   Utang obligasi                                             -               -      1.746.606      1.746.606          1.928.633                             Bond payables

   Total liabilitas keuangan                                  -               -      3.784.803      3.784.803          3.996.327                    Total financial liabilities


   *) Piutang lain-lain terdiri dari piutang karyawan dan piutang ijarah                            *) Other receivables consists of employee receivables and ijarah
                                                                                                        receivables.
   **) Utang lain-lain terdiri dari utang asuransi dan utang atas transaksi                         **) Other Payables consists of insurance payables and payable on joint
       pembiayaan bersama.                                                                              financing.




34. INFORMASI              KEUANGAN                 TAMBAHAN-UNIT                           34. SUPPLEMENTARY FINANCIAL INFORMATION
    SYARIAH                                                                                     -SHARIA UNIT

                                                               31 Desember/                 31 Desember/
                                                             December 31, 2023            December 31, 2022
   Aset                                                                                                                                                            Assets
      Kas dan setara kas                                                      26.399                          4.120                   Cash and cash equivalent
      Piutang pembiayaan murabahah                                                                                               Murabahah financing receivable
        - bruto                                                             484.937                     247.356                                        - gross
      Marjin pembiayaan murabahah                                                                                                Unearned murabahah financing
        yang belum diakui                                                    (58.697)                    (30.808)                                     income
      Pendapatan dan beban
        yang ditangguhkan                                                    (15.247)                     (6.702)                  Deferred income and expenses
      Cadangan kerugian penurunan
        nilai                                                                 (3.480)                     (1.390)                Allowance for impairment losses
      Piutang murabahah-neto                                                407.513                     208.456                       Murabahah receivable-net
      Piutang ijarah-bruto                                                          68                          58                        Ijarah receivable-gross
      Cadangan kerugian penurunan
        nilai                                                                      (18)                         (46)             Allowance for impairment losses
      Piutang ijarah-neto                                                           50                          12                          Ijarah receivable-net
      Aset diperoleh untuk ijarah                                                 2.739                       4.015                   Assets acquired for ijarah




                                                                                    118
Page 408
                                                                    The original financial statements included herein are in the
                                                                                                          Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                       As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                   (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                          unless otherwise stated)


34. INFORMASI     KEUANGAN              TAMBAHAN-UNIT             34. SUPPLEMENTARY FINANCIAL INFORMATION
    SYARIAH (lanjutan)                                                -SHARIA UNIT (continued)

                                             31 Desember/         31 Desember/
                                           December 31, 2023    December 31, 2022
   Liabilitas                                                                                                        Liabilities

     Utang dealer                                     21.063                 8.804                       Payable to dealers
     Utang lain-lain                                   3.425                 2.370                          Other payables

   Pendapatan                                                                                                           Income
     Pendapatan margin ijarah                         3.034                  1.465                             Ijarah income
     Administrasi kredit ijarah                       (2.651)               (1.302)             Ijarah credit administration
     Pendapatan margin murabahah                     32.046                 22.470                       Murabahah income
     Administrasi kredit murabahah                   13.191                  9.405           Murabahah credit administration
     Pendapatan marjin deposito syariah                    -                   296                Margin time deposit sharia

   Beban                                                                                                           Expenses
     Beban lain-lain                                    163                    143                           Other expenses
     Beban penyisihan penurunan nilai                 2.417                  1.377                Impairment losses expense




35. MANAJEMEN MODAL                                               35. CAPITAL MANAGEMENT

   Tujuan Perusahaan dalam mengelola permodalan                       The Company’s objective in managing its capital
   adalah untuk melindungi kemampuan Perusahaan                       is to keep the Company’s capability in
   dalam mempertahankan kelangsungan usahanya,                        maintaining its going concern, so that the
   sehingga Perusahaan tetap memberikan imbal                         Company could distribute the return to
   hasil bagi pemegang saham.                                         shareholders.

   Perusahaan dipersyaratkan oleh Undang-undang                        The Company is also required by the Limited
   Perseroan Terbatas No. 40 Tahun 2007 untuk                          Liability Company Law No. 40 Year 2007 to
   menyisihkan dan mempertahankan suatu dana                           contribute and maintain a non-distributable
   cadangan yang tidak boleh didistribusikan sampai                    reserve fund until the said reserve reaches
   dana cadangan tersebut mencapai 20,00% dari                         20.00% of the issued and fully paid share capital.
   modal saham diterbitkan dan dibayar penuh.                          The Company will continue to build this reserve
   Perusahaan akan terus menambah cadangan ini                         until such time the amount reaches the level
   sampai cadangan tersebut mencapai jumlah yang                       required by Law.
   diatur oleh Undang-undang.

   Perusahaan mengelola struktur permodalan dan                      The Company manages its capital structure and
   melakukan penyesuaian, berdasarkan perubahan                      makes adjustments to it, in light of changes in
   kondisi  ekonomi.   Untuk    memelihara  dan                      economic conditions. To maintain or adjust the
   menyesuaikan struktur permodalan, Perusahaan                      capital structure, the Company may adjust the
   dapat menyesuaikan pembayaran dividen kepada                      dividend payment to shareholders, issue new
   pemegang saham, menerbitkan saham baru atau                       shares or raise debt financing. No changes were
   mengusahakan pendanaan melalui pinjaman.                          made in the objectives, policies or processes
   Tidak ada perubahan atas tujuan, kebijakan                        during the year presented.
   maupun proses selama tahun penyajian.

   Kebijakan Perusahaan adalah mempertahankan                        The Company’s policy is to maintain a healthy
   struktur   permodalan  yang  sehat    untuk                       capital structure in order to secure access to
   mengamankan akses terhadap pendanaan pada                         finance at a reasonable cost.
   biaya yang wajar.




                                                         119
Page 409
                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                               PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                               As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                                        and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                           (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                  unless otherwise stated)


35. MANAJEMEN MODAL (lanjutan)                                          35. CAPITAL MANAGEMENT (continued)

   Dalam mengelola permodalan, Perusahaan                                    In managing capital, the Company conducts
   melakukan analisa secara bulanan untuk                                    monthly analysis to ensure that the Company
   memastikan bahwa Perusahaan tetap mengikuti                               complies with the POJK No. 35/POJK.05/2018
   POJK No. 35/POJK.05/2018 tanggal 27 Desember                              dated December 27, 2018 regarding of the
   2018 tentang Penyelenggaraan Usaha Perusahaan                             Implementation    Business    of    Financing
   Pembiayaan yang diantaranya mengatur ketentuan                            Companies which have some provisions as
   sebagai berikut:                                                          follows:

       Modal disetor Perusahaan minimum sebesar                                   The Company’s paid-up capital of minimum
        Rp100.000;                                                                  Rp100,000;
       Ekuitas Perusahaan minimum sebesar 50,00%                                  The Company’s equity amounting to
        dari modal disetor;                                                         minimum 50.00% of paid-up capital;
       Jumlah pinjaman yang dimiliki Perusahaan                                   The amount of the Company’s loan to equity
        dibandingkan modal sendiri dan utang                                        and subordinated loan deducted by
        subordinasi dikurangi penyertaan (gearing                                   investment (gearing ratio) is maximum 10
        ratio) ditetapkan setinggi-tingginya 10 kali, baik                          times, both for off-shore and on-shore
        untuk pinjaman luar negeri maupun dalam                                     domestic loans.
        negeri.

   Berdasarkan POJK No.35/POJK.05/2018 tanggal                               Based on POJK No. 35/POJK.05/2018 dated
   31 Desember 2018 tentang Penyelenggaraan                                  December 31, 2018 regarding the Organisation of
   Usaha Perusahaan Pembiayaan, Perusahaan                                   Financing Company Business, the Company is
   diharuskan untuk memenuhi sejumlah rasio                                  required to comply with several financial ratios.
   keuangan tertentu. Rasio-rasio diatur dengan                              Ratio-ratio are set with the following detail:
   rincian sebagai berikut:

                                                                         Ketentuan/
                                                 Nilai/Value            Requirement

   Rasio piutang pembiayaan
     terhadap total aset                                   40%        Minimal/Minimum                             Financing to asset ratio
   Rasio saldo piutang pembiayaan
     investasi dan pembiayaan modal usaha                                                    Investment financing and capital financing to
     terhadap total saldo piutang pembiayaan               10%         Minimal/Minimum                   total financing receivables ratio
   Rasio Non Performing Financing - neto                    5%        Maksimal/Maximum              Non Performing Financing ratio - net
   Rasio permodalan                                        10%         Minimal/Minimum                                        Capital ratio
   Modal sendiri modal disetor                             50%         Minimal/Minimum                    Equity to fully paid capital ratio
   Gearing ratio                                             10       Maksimal/Maximum                                       Gearing ratio



   Gearing     ratio     pada      tanggal-tanggal                          Gearing ratio as of December 31, 2023 and 2022
   31 Desember 2023 dan 2022 yang dihitung                                  calculated      based    on       the    POJK
   berdasarkan POJK No. 35/POJK.05/2018 tanggal                             No. 35/POJK.05/2018 dated December 27, 2018
   27 Desember 2018 adalah sebagai berikut:                                 are as follows:
                                             31 Desember/               31 Desember/
                                           December 31, 2023          December 31, 2022

   Pinjaman                                           4.041.679                  3.543.828                                     Borrowing
   Modal                                              3.699.637                  3.432.727                                          Equity
   Investasi dalam saham                                159.504                    159.504                           Investment in shares

   Gearing ratio                                               1.14                   1,08                                   Gearing ratio



   Sesuai dengan POJK tersebut di atas, gearing                             In accordance with the above mentioned POJK,
   ratio yang diperbolehkan setinggi-tingginya                              the maximum gearing ratio allowable is 10 times.
   adalah 10 kali. Dengan demikian Perusahaan                               Hence, the Company has complied with the
   telah mematuhi POJK tersebut.                                            POJK.



                                                                120
Page 410
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
     Tanggal 31 Desember 2023 dan Untuk                                      As of December 31, 2023
   Tahun yang Berakhir pada Tanggal tersebut                               and for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                         unless otherwise stated)


35. MANAJEMEN MODAL (lanjutan)                                   35. CAPITAL MANAGEMENT (continued)
    Berdasarkan POJK No. 35/POJK.05/2018 tentang                     Based on POJK No. 35/POJK.05/2018 regarding
    Penyelenggaraan       Usaha         Perusahaan                   Business Operation of Multifinance Company, as
    Pembiayaan,       pada          tanggal-tanggal                  of December 31, 2023 and 2022 the Company
    31 Desember 2023 dan 2022, Perusahaan telah                      has calculated ratio (unaudited) among others:
    menghitung beberapa rasio (tidak diaudit) antara
    lain:
                                             31 Desember/        31 Desember/
                                           December 31, 2023   December 31, 2022

   Rasio piutang pembiayaan terhadap
     total aset                                      94.77%               95,96%                       Financing to asset ratio

   Rasio saldo piutang terhadap pinjaman            189.39%              199,10%                 Financing to borrowings ratio

   Rasio saldo piutang investasi dan                                                      Ratio total investment financing and
     pembiayaan modal kerja terhadap                                                               working capital financing
     total saldo piutang                             21.98%               15,06%                           to total financing

   Rasio permodalan                                  65.78%               64,06%                                  Capital Ratio

   Rasio Modal Sendiri - Modal
     Disetor (MSMD)                              11.429,21%          10.604,66%               Ratio of equity to paid up capital

   Rasio rentabilitas                                                                                        Rentability Ratio
     Return on asset                                  7.76%                8,86%                          Return on asset
     Return on equity                                12.62%               13,67%                         Return on equity
     Beban operasional terhadap pendapatan                                                          Operating expenses to
       operasional                                   56.60%               55,67%                      operating income
     Net interest margin                              8.91%                7,57%                       Net interest margin

   Rasio likuiditas                                                                                            Liquidity Ratio
     Rasio lancar                                    39,17%               35,42%                             Current ratio
     Rasio kas                                        6.15%                2,01%                                Cash ratio
     Turn over receivables                              1,10                 1,17                    Turn over receivables

    Pada tanggal 31 Desember 2023, rasio piutang                     As of December 31, 2023, the non performing
    pembiayaan bermasalah neto dan bruto masing-                     financing ratio net and bruto are 0.28% and
    masing adalah 0,28% dan 0,40%. Pada tanggal                      0.40%, respectively. As of December 31, 2022,
    31 Desember 2022, rasio piutang pembiayaan                       the non performing financing ratio net and bruto
    bermasalah neto dan bruto masing-masing adalah                   are 0.15% and 0.21%, respectively.
    0,15% dan 0,21%.

36. PERJANJIAN PEMBIAYAAN BERSAMA                                36. JOINT FINANCING AGREEMENTS
   PT Bank Maybank Indonesia Tbk (MBI)                              PT Bank Maybank Indonesia Tbk (MBI)

   Perusahaan mengadakan perjanjian kerja sama                      The Company conducted a cooperation agreement
   dengan MBI tentang pemasaran fasilitas bersama                   with MBI regarding the marketing activities of
   pembiayaan kendaraan bermotor kepada debitur                     vehicle joint financing to debtors since year 2000
   sejak tahun 2000 berdasarkan perjanjian kerja                    based on joint financing agreement dated on
   sama tanggal 23 Februari 2000 dan telah                          February 23, 2000 and was renewed for several
   diperbaharui dan diperpanjang beberapa kali                      times during year 2000 until 2019.
   selama rentang waktu tahun 2000 sampai 2019.
   Pada tanggal 11 Februari 2020 Perusahaan                          On February 11, 2020 the company obtained
   memperoleh perpanjangan Fasilitas Kerjasama                       extension of vehicle Loan facility agreement
   Kredit Kendaraan Bermotor (KKB) dengan surat                      based on letter No. SPj.2019.037-02/DIR CFS-
   No. SPj.2019.037-02/DIR CFS-Business Banking-                     Business Banking-Auto Loan which was valid from
   Auto Loan dimana jangka waktu perjanjian berlaku                  January 31, 2020 up to April 30, 2020, the
   dari 31 Januari 2020 sampai dengan 30 April 2020,                 Company had a fund allocation from MBI
   Perusahaan memperoleh alokasi dana dari MBI                       amounting to Rp9,500,000 in term of uncommitted
   sebesar Rp9.500.000 yang bersifat uncommitted                     line-revolving. The financing portion is 99% for
   line-revolving dengan porsi pembiayaan 99% porsi                  MBI and 1% for the Company.
   MBI dan 1% porsi Perusahaan.
                                                         121
Page 411
                                                               The original financial statements included herein are in the
                                                                                                     Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                 PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                 As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                          and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                             (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                    unless otherwise stated)


36. PERJANJIAN       PEMBIAYAAN         BERSAMA              36. JOINT FINANCING AGREEMENTS (continued)
    (lanjutan)
    PT Bank Maybank Indonesia Tbk (MBI) (lanjutan)              PT Bank Maybank               Indonesia      Tbk     (MBI)
                                                                (continued)

    Pada tanggal 30 April 2020, Perusahaan                       On April 30, 2020, the Company obtained
    memperoleh perpanjangan Fasilitas Kerjasama                  extension of vehicle Loan facility agreement
    Kredit Kendaraan Bermotor (KKB) dengan surat                 based on letter No. S.2020.054/DIR CFS-
    No. S.2020.054/DIR CFS-Business Banking-Auto                 Bussines Banking-Auto Loan which was valid from
    Loan dimana jangka waktu perjanjian berlaku dari             January 31, 2020 up to January 31, 2021, the
    31 Januari 2020 sampai dengan 31 Januari 2021,               Company had a fund allocation from MBI
    Perusahaan memperoleh alokasi dana dari MBI                  amounting to Rp9,500,000 in term of uncommitted
    sebesar Rp9.500.000 yang bersifat uncommitted                line-revolving. The financing portion is 99% for
    line-revolving dengan porsi pembiayaan 99% porsi             MBI and 1% for the Company.
    MBI dan 1% porsi Perusahaan.

    Pada tanggal 25 Juni 2021, Perusahaan                        On June 25, 2021, the Company obtained
    memperoleh perpanjangan Fasilitas Kerjasama                  extension of vehicle Loan facility agreement
    Kredit Kendaraan Bermotor (KKB) dengan surat                 based on letter No. S.2021.006/DIR CFS-
    No. S.2021.006/DIR CFS-Business Banking-Auto                 Bussines Banking-Auto Loan which was valid from
    Loan dimana jangka waktu perjanjian berlaku dari             January 31, 2021 up to January 31, 2022, the
    31 Januari 2021 sampai dengan 31 Januari 2022,               Company had a fund allocation from MBI
    Perusahaan memperoleh alokasi dana dari MBI                  amounting to Rp10,500,000 in term of
    sebesar Rp10.500.000 yang bersifat uncommitted               uncommitted line-revolving. The financing portion
    line-revolving dengan porsi pembiayaan 99% porsi             is 99% for MBI and 1% for the Company.
    MBI dan 1% porsi Perusahaan.
    Pada tanggal 17 Januari 2022, Perusahaan                     On January 17, 2022, the Company obtained
    memperoleh perpanjangan Fasilitas Kerjasama                  extension of vehicle Loan facility agreement
    Kredit Kendaraan Bermotor (KKB) dengan surat                 based on letter No. S.2022.013/DIR GLOBAL-FIG
    No. S.2022.013/DIR GLOBAL-FIG dimana jangka                  which was valid from January 31, 2022 up to
    waktu perjanjian berlaku dari 31 Januari 2022                January 31, 2023, the Company had a fund
    sampai dengan 31 Januari 2023, Perusahaan                    allocation from MBI amounting to Rp10,500,000 in
    memperoleh alokasi dana dari MBI sebesar                     term of uncommitted line-revolving. The financing
    Rp10.500.000 yang bersifat uncommitted line-                 portion is 99% for MBI and 1% for the Company.
    revolving dengan porsi pembiayaan 99% porsi MBI
    dan 1% porsi Perusahaan.
    Pada tanggal 30 Januari 2023, Perusahaan                     On January 30, 2023, the Company obtained
    memperoleh perpanjangan Fasilitas Kerjasama                  extension of vehicle Loan facility agreement
    Kredit Kendaraan Bermotor (KKB) dengan surat                 based on letter No. SPJ.2023.001/DIR GLOBAL-
    No. SPJ.2023.001/DIR GLOBAL-FIG dimana                       FIG which was valid from January 31, 2023 up to
    jangka waktu perjanjian berlaku dari 31 Januari              January 31, 2024, the Company had a fund
    2023 sampai dengan 31 Januari 2024, Perusahaan               allocation from MBI amounting to Rp9,500,000 in
    memperoleh alokasi dana dari MBI sebesar                     term of uncommitted line-revolving. The financing
    Rp9.500.000 yang bersifat uncommitted line-                  portion is 99% for MBI and 1% for the Company.
    revolving dengan porsi pembiayaan 99% porsi MBI
    dan 1% porsi Perusahaan.
    Pada tanggal 16 Januari 2024, Perusahaan                     On January 16, 2024, the Company obtained
    memperoleh perpanjangan Fasilitas Kerjasama                  extension of vehicle Loan facility agreement
    Kredit Kendaraan Bermotor (KKB) dengan surat                 based on letter No. SPJ.2024.001/DIR GLOBAL-
    No. SPJ.2024.001/DIR GLOBAL-FIG dimana                       FIG which was valid from January 31, 2024 up to
    jangka waktu perjanjian berlaku dari 31 Januari              January 31, 2025, the Company had a fund
    2024 sampai dengan 31 Januari 2025, Perusahaan               allocation from MBI amounting to Rp10,000,000 in
    memperoleh alokasi dana dari MBI sebesar                     term of uncommitted line-revolving. The financing
    Rp10.000.000 yang bersifat uncommitted line-                 portion is 99% for MBI and 1% for the Company.
    revolving dengan porsi pembiayaan 99% porsi MBI
    dan 1% porsi Perusahaan.




                                                       122
Page 412
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan Untuk                                   As of December 31, 2023
     Tahun yang Berakhir pada Tanggal tersebut                            and for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                      unless otherwise stated)


36. PERJANJIAN        PEMBIAYAAN          BERSAMA               36. JOINT FINANCING AGREEMENTS (continued)
    (lanjutan)

    PT Bank Maybank Indonesia Tbk (MBI) (lanjutan)                 PT Bank Maybank               Indonesia      Tbk     (MBI)
                                                                   (continued)
    Pada tanggal 30 November 2015, berdasarkan                     On November 30, 2015, based on letter
    surat No. S.2015.107. Presdir - Sharia Banking,                No. S.2015.107. Presdir - Sharia Banking,
    tentang Perubahan dan Pernyataan Kembali Akad                  regarding the Addendum and Restatement of
    Pembiayaan Bersama - Fasilitas Pembiayaan                      Murabahah Agreement between MBI and
    Murabahah antara MBI dengan Perusahaan,                        the Company, which was valid for 2 (two) years
    dimana jangka waktu perjanjian berlaku 2 (dua)                 from the signed date of agreement which was
    tahun sejak penandatangan perjanjian yaitu dari                from December 1, 2015 until December 1, 2017,
    1 Desember 2015 sampai dengan 1 Desember                       the Company had a fund allocation from MBI
    2017, Perusahaan memperoleh alokasi dana dari                  amounting to Rp1,300,000 in term of uncommitted
    MBI    sebesar    Rp1.300.000    yang   bersifat               line-revolving. The financing portion is 99% for
    uncommitted    line-revolving   dengan    porsi                MBI and 1% for the Company.
    pembiayaan 99% porsi MBI dan 1% porsi
    Perusahaan.

    Pada tanggal 27 Desember 2017, berdasarkan                      On December 27, 2017, based on letter
    surat No. SPj.2017.113/Presdir - Sharia Banking,                No. SPj.2017.113/Presdir - Sharia Banking,
    tentang Perubahan dan Pernyataan Kembali Akad                   regarding the Addendum and Restatement of
    Pembiayaan Bersama - Fasilitas Pembiayaan                       Murabahah Agreement between MBI and
    Murabahah antara MBI dengan Perusahaan,                         the Company, which was valid for 2 (two) years
    dimana jangka waktu perjanjian berlaku 2 (dua)                  from the signed date of agreement which was
    tahun sejak penandatangan perjanjian yaitu dari                 from December 1, 2017 until December 1, 2019.
    1      Desember     2017      sampai     dengan                 The Company had a fund allocation from MBI
    1 Desember 2019, Perusahaan memperoleh                          amounting to Rp1,000,000 in term of uncommitted
    alokasi dana dari MBI sebesar Rp1.000.000 yang                  line-revolving. The financing portion is 99% for
    bersifat uncommitted line-revolving dengan porsi                MBI and 1% for the Company.
    pembiayaan 99% porsi MBI dan 1% porsi
    Perusahaan.

    Pada tanggal 5 Februari 2020, berdasarkan surat                 On February 5, 2020, based on letter
    No.     SPj.2019.002/PRESDIR-Sharia        Banking              No. SPj.2019.002/PRESDIR-Sharia Banking,
    tentang Perubahan dan Pernyataan Kembali Akad                   regarding the Addendum and Restatement of
    Musyarakah      untuk    kerjasama     pembiayaan               Musyarakah Agreement between MBI and
    Bersama antara MBI dan Perusahaan dimana                        the Company, which was valid for 2 (two) years
    jangka waktu perjanjian berlaku 2 (dua) tahun sejak             from the signed date of agreement which is from
    penandatangan perjanjian yaitu dari 2 Desember                  December 2, 2019 until December 2, 2021, the
    2019 sampai dengan 2 Desember 2021,                             Company had a fund allocation from MBI
    Perusahaan memperoleh alokasi dana dari MBI                     amounting to Rp1,000,000 in term of uncommitted
    sebesar Rp1.000.000 yang bersifat uncommitted                   line-revolving. The financing portion is 99% for
    line-revolving dengan porsi pembiayaan 99% porsi                MBI and 1% for the Company.
    MBI dan 1% porsi Perusahaan.

    Pada tanggal 31 Januari 2024, berdasarkan surat                 On January 31, 2024 , based on letter
    No. SPJ.2024.002/DIR GLOBAL - FIG tentang                       No. SPJ.2024.002/DIR GLOBAL - FIG, regarding
    Perubahan dan Pernyataan Kembali Akad                           the Addendum and Restatement of Musyarakah
    Musyarakah     untuk    kerjasama    pembiayaan                 Agreement         between         MBI        and
    Bersama antara MBI dan Perusahaan dimana                        the Company, which was valid for 1 (one) year
    jangka waktu perjanjian berlaku 1 (satu) tahun                  from the signed date of agreement January 31,
    sejak penandatangan perjanjian yaitu sampai                     2025, the Company had a fund allocation from
    dengan 31 Januari 2025, Perusahaan memperoleh                   MBI amounting to Rp1,000,000 in term of
    alokasi dana dari MBI sebesar Rp1.000.000 yang                  uncommitted line-revolving. The financing portion
    bersifat uncommitted line-revolving dengan porsi                is 99% for MBI and 1% for the Company.
    pembiayaan 99% porsi MBI dan 1% porsi
    Perusahaan.



                                                          123
Page 413
                                                                                           The original financial statements included herein are in the
                                                                                                                                 Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                                 PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                                                 As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                                                          and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                                             (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                                    unless otherwise stated)


36. PERJANJIAN                 PEMBIAYAAN                    BERSAMA                   36. JOINT FINANCING AGREEMENTS (continued)
    (lanjutan)

    PT Bank Maybank Indonesia Tbk (MBI) (lanjutan)                                           PT Bank Maybank                    Indonesia       Tbk       (MBI)
                                                                                             (continued)
    Jumlah pokok pembiayaan konsumen sehubungan                                               The consumer financing principal balance under
    dengan perjanjian pembiayaan bersama ini masing-                                          these joint financing agreements amounted
    masing sebesar Rp9.254.745 dan Rp7.333.736                                                to Rp9,254,745 and Rp7,333,736 as of
    masing-masing pada tanggal-tanggal 31 Desember                                            December 31, 2023 and 2022, respectively.
    2023 dan 2022.

 37. SEGMEN OPERASI                                                                      37. OPERATING SEGMENT
    Manajemen memantau hasil operasi dari unit                                                Management monitors the operating results of its
    usahanya secara terpisah guna keperluan                                                   business units separately for the purpose of
    pengambilan keputusan mengenai alokasi sumber                                             making decisions about resource allocation and
    daya dan penilaian kinerja. Kinerja segmen                                                performance assessment. Segment performance
    dievaluasi berdasarkan laba atau rugi operasi dan                                         is evaluated based on operating profit or loss and
    diukur secara konsisten dengan laba atau rugi                                             is measured consistently with operating profit or
    operasi pada laporan keuangan. Namun,                                                     loss in the financial statements. However,
    pendanaan      Perusahaan     (termasuk     biaya                                         Company’s financing (including finance costs
    pendanaan dan pendapatan pendanaan) dan pajak                                             and finance income) and income taxes are
    penghasilan dikelola secara Perusahan dan tidak                                           managed on the Company’s basis and are not
    dialokasikan kepada segmen operasi.                                                       allocated to operating segments.

    Seluruh aset Perusahaan berlokasi di Indonesia.                                           All of Company’s assets are located in Indonesia.
    Tabel berikut menyajikan penjualan kepada                                                 The following table presents sales to customers
    pelanggan berdasarkan lokasi geografis pelanggan:                                         based on the geographical location of the
                                                                                              customers:

                                                                       31 Desember/Desember 31, 2023
                                                                                       Jawa non
                                     Kalimantan          Sulawesi      Sumatera       Jabodetabek      Jabodetabek     Total

    PENDAPATAN                                                                                                                                        REVENUE
    Pembiayaan konsumen                    24.095            29.650        213.876         195.102         430.304       893.027              Consumer financing
    Sewa pembiayaan                         1.908               317         15.035           3.072         142.466       162.798                  Finance leases
    Sewa ijarah - neto                          -                 -              -               -             383           383                 Rent ijarah - net
    Pendapatan bunga                            -                 -              1               2           2.511         2.514                 Interest income
    Pendapatan lain-lain                      778               746          4.991           6.375          28.233        41.123                    Other income

    Total pendapatan                       26.781            30.713        233.903         204.551         603.897     1.099.845                    Total revenue

    BEBAN                                                                                                                                            EXPENSES
    Beban kerugian
       penurunan nilai                         (1.620)       (1.534)       (24.025)        (21.653)         (26.223)     (75.055)              Impairment losses
    Beban tenaga kerja                         (2.480)       (2.842)       (18.160)        (16.735)        (103.811)    (144.028)            Employee expenses
    Beban pemasaran                               (72)         (179)          (953)         (1.477)         (13.655)     (16.336)            Marketing expenses
    Beban penyusutan                             (118)          (97)          (840)         (1.548)          (4.818)      (7.421)                   Depreciation
    Beban provisi dan                                                                                                                  Provision and commission
       komisi                                       -             -              -              (1)          (3.260)      (3.261)                  expenses
    Beban lain-lain                            (1.168)       (1.287)        (5.445)         (5.235)         (41.536)     (54.671)                Other expenses

    Total beban                                (5.458)       (5.939)       (49.423)        (46.649)        (193.303)    (300.772)                 Total expenses

    Beban tidak dapat
       dialokasikan                                                                                                     (224.743)          Unallocated expenses
    Penyusutan tidak
       dapat dialokasikan                                                                                                 (2.515)        Unallocated depreciation

    Laba sebelum beban pajak final                                                                                       571.815       Income before final tax and
       dan pajak penghasilan                                                                                                               Income tax expense
    Beban pajak final                                                                                                          (503)            Final tax expense

    Laba sebelum beban pajak                                                                                             571.312           Income before income
       penghasilan                                                                                                                                tax expense
    Beban pajak penghasilan                                                                                             (127.521)            Income tax expense

                                                                                                                                             Total comprehensive
    Total laba komprehensif periode berjalan                                                                             443.791          income for the period




                                                                               124
Page 414
                                                                                            The original financial statements included herein are in the
                                                                                                                                  Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                                 PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                                                 As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                                                          and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                                             (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                                    unless otherwise stated)


37. SEGMEN OPERASI (lanjutan)                                                            37. OPERATING SEGMENT (continued)
   Seluruh aset Perusahaan berlokasi di Indonesia.                                            All of the Company’s assets are located in
   Tabel berikut menyajikan penjualan kepada                                                  Indonesia. The following table presents sales to
   pelanggan berdasarkan lokasi geografis pelanggan                                           customers based on the geographical location of
   (lanjutan):                                                                                the customers (continued):

                                                                   31 Desember/December 31, 2023
                                                                                       Jawa non
                                      Kalimantan      Sulawesi         Sumatera       Jabodetabek      Jabodetabek    Total

   Aset segmen                            181.594        236.150          1.921.888       1.792.171       3.945.155   8.076.958                   Segment assets


   Aset tidak dapat dialokasi                                                                                                  -               Unallocated assets

   Total aset                                                                                                         8.058.427                      Total assets


   Liabilitas segmen                          4.948       35.034           297.990          49.749         139.544      527.265                 Segment liabilities


   Liabilitas tidak dapat dialokasi                                                                                   3.850.056              Unallocated liabilities

   Total liabilitas                                                                                                   4.377.321                   Total liabilities

                                                                                                                                    Segment acquisitions of fixed
   Perolehan aset tetap dan                                                                                                               assets and right-
      aset hak guna segmen                      44         1.200               439           2.878           1.810        6.371               of-use assets

   Perolehan aset tetap                                                                                                                 Acquisition of fixed assets
      kantor pusat                                                                                                        3.871                  in head office

   Total perolehan aset tetap                                                                                                      Total acquisition fixed assets
      dan aset hak guna                                                                                                  10.242      and right-of-use assets




                                                                       31 Desember/Desember 31, 2022
                                                                                       Jawa non
                                      Kalimantan      Sulawesi         Sumatera       Jabodetabek      Jabodetabek    Total

   PENDAPATAN                                                                                                                                         REVENUE
   Pembiayaan konsumen                     28.271         30.773           206.125         214.267         384.071      863.507               Consumer financing
   Sewa pembiayaan                          2.006            382             6.722           3.769          99.140      112.019                   Finance leases
   Sewa ijarah - neto                           -              -                 -               -             163          163                  Rent ijarah - net
   Pendapatan bunga                             -              -                 -               3           2.034        2.037                  Interest income
   Pendapatan lain-lain                     2.556          3.882             6.846          12.809          32.344       58.437                     Other income

   Total pendapatan                        32.833         35.037           219.693         230.848         517.752    1.036.163                     Total revenue

   BEBAN                                                                                                                                              EXPENSES
   Beban kerugian
      penurunan nilai                      (1.615)        (2.786)          (12.512)        (21.522)        (29.090)     (67.525)               Impairment losses
   Beban tenaga kerja                      (2.358)        (2.797)          (16.714)        (15.400)        (96.792)    (134.061)             Employee expenses
   Beban pemasaran                            (50)          (124)             (828)         (1.064)        (14.137)     (16.203)             Marketing expenses
   Beban penyusutan                          (149)           (97)             (918)         (1.426)         (4.009)      (6.599)                    Depreciation
   Beban provisi dan                                                                                                                   Provision and commission
      komisi                                     -              -               (1)             (1)         (3.097)      (3.099)                   expenses
   Beban lain-lain                         (1.150)        (1.177)           (4.899)         (4.538)        (31.218)     (42.982)                 Other expenses

   Total beban                             (5.322)        (6.981)          (35.872)        (43.951)       (178.343)    (270.469)                   Total expenses

   Beban tidak dapat
      dialokasikan                                                                                                     (196.409)           Unallocated expenses
   Penyusutan tidak
      dapat dialokasikan                                                                                                 (2.900)         Unallocated depreciation

   Laba sebelum beban pajak final                                                                                                      Income before final tax and
      dan pajak penghasilan                                                                                             566.385            Income tax expense
   Beban pajak final                                                                                                      (407)                 Final tax expense

   Laba sebelum beban pajak                                                                                                                Income before income
      penghasilan                                                                                                       565.978                   tax expense
   Beban pajak penghasilan                                                                                             (125.514)             Income tax expense

                                                                                                                                             Total comprehensive
   Total laba komprehensif periode berjalan                                                                             440.464             income for the period




                                                                               125
Page 415
                                                                                                   The original financial statements included herein are in the
                                                                                                                                         Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                                      PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                                                       NOTES TO FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan Untuk                                                                      As of December 31, 2023
    Tahun yang Berakhir pada Tanggal tersebut                                                               and for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                                                  (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                                         unless otherwise stated)


37. SEGMEN OPERASI (lanjutan)                                                                 37. OPERATING SEGMENT (continued)
   Seluruh aset Perusahaan berlokasi di Indonesia.                                                   All of the Company’s assets are located in
   Tabel berikut menyajikan penjualan kepada                                                         Indonesia. The following table presents sales to
   pelanggan berdasarkan lokasi geografis pelanggan                                                  customers based on the geographical location of
   (lanjutan):                                                                                       the customers (continued):
                                                                      31 Desember/December 31, 2022
                                                                                            Jawa non
                                      Kalimantan         Sulawesi         Sumatera         Jabodetabek       Jabodetabek           Total

   Aset segmen                            202.283           249.383          1.695.186         1.868.082        3.338.058          7.352.992                     Segment assets


   Aset tidak dapat dialokasi                                                                                                                 -               Unallocated assets

   Total aset                                                                                                                      7.352.992                        Total assets


   Liabilitas segmen                          956            28.320           185.301              35.115            21.452          271.144                   Segment liabilities


   Liabilitas tidak dapat dialokasi                                                                                                3.649.121                Unallocated liabilities

   Total liabilitas                                                                                                                3.920.265                     Total liabilities

                                                                                                                                                   Segment acquisitions of fixed
   Perolehan aset tetap dan                                                                                                                              assets and right-
      aset hak guna segmen                    204             1.559             1.666                 736             2.449               6.614              of-use assets

   Perolehan aset tetap                                                                                                                                Acquisition of fixed assets
      kantor pusat                                                                                                                        1.203                 in head office

   Total perolehan aset tetap                                                                                                                     Total acquisition fixed assets
      dan aset hak guna                                                                                                                   7.817     and right-of-use assets



38. TAMBAHAN INFORMASI ARUS KAS                                                               38. SUPPLEMENTARY                                   CASH                 FLOW
                                                                                                  INFORMATION

   Perubahan pada liabilitas yang timbul dari aktivitas                                              Changes in liabilities arising from financing
   pendanaan pada laporan arus kas adalah sebagai                                                    activities in the cash flow statement are as
   berikut:                                                                                          follows:
                                                                                                      Amortisasi
                                                             Arus kas            Arus kas               biaya/
                                                              masuk/              keluar/            Amortization
                                         1 Januari/          Incoming            Outgoing               cost of        31 Desember
                                       January 1, 2023       cashflow            Cashflow             acquisition    December 31, 2023

    Utang bank                               1.797.223          3.300.000            (2.704.168)                 -            2.393.055                               Bank Loan
    Utang obligasi                           1.746.606                  -              (100.000)             2.018            1.646.624                            Bonds payable

    Jumlah liabilitas dari                                                                                                                                   Total liabilities from
     aktivitas pendanaan                     3.543.829          3.300.000            (2.804.168)             2.018            4.041.679                   financing activities



                                                                                                      Amortisasi
                                                             Arus kas            Arus kas               biaya/
                                                              masuk/              keluar/            Amortization
                                         1 Januari/          Incoming            Outgoing               cost of        31 Desember
                                       January 1, 2022       cashflow            Cashflow             acquisition    December 31, 2022

    Utang bank                               2.197.222          1.100.000            (1.499.999)                 -            1.797.223                               Bank Loan
    Utang obligasi                           1.646.917            800.000              (700.000)             (311)            1.746.606                            Bonds payable

    Jumlah liabilitas dari                                                                                                                                   Total liabilities from
     aktivitas pendanaan                     3.844.139          1.900.000            (2.199.999)             (311)            3.543.829                   financing activities




39. TANGGAL                     PENYELESAIAN                   LAPORAN                        39. COMPLETION                      OF              THE          FINANCIAL
    KEUANGAN                                                                                      STATEMENTS

   Manajemen Perusahaan bertanggung jawab atas                                                       The management of the Company is responsible
   penyusunan laporan keuangan yang telah                                                            for the preparation of the financial statements
   diselesaikan dan diotorisasi untuk terbit pada                                                    which were completed and authorized for issue
   tanggal 23 Februari 2024.                                                                         on February 23, 2024.



                                                                                  126
Page 416
www.maybankfinance.co.id




Jl. Mangga Dua Raya No.10, RT.3/RW.6,
Kel. Mangga Dua Selatan,
Kec. Sawah Besar, Kota Jakarta Pusat, DKI Jakarta 10730
P. 0804-1-168-811
F. 0804-1-168-811

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Size9.34 MB
Published30 Apr 2024
Pages416
Characters1,918,487
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Names mentioned 190 people and organisations named in the text · linked when the evidence is strong

linked person Deswandhy Agusman · Komisaris p.22 ×20
linked person Steffano Ridwan · Komisaris p.26 ×14
linked org Bank Maybank Indonesia Tbk. p.30 ×37
linked person Arief Soerendro · Direktur p.34 ×11
linked org Bank Permata Tbk p.51 ×5
linked org PT Maybank Sekuritas Indonesia p.51 ×14
linked — Standard Chartered p.52 ×2
linked org Bank Danamon p.52 ×8
linked org PT Oto Multiartha p.56
linked person Helmi Mahfud p.60
linked org Bukit Asam Tbk p.60 ×5
linked person Hadi Indraprasta p.61
linked org PT Bank Central Asia p.61 ×3
linked org PT Bank Danamon Indonesia p.61
linked org PT Asuransi Bina Dana Arta p.65
linked org Archi Indonesia Tbk p.65 ×5
linked org Samudera Indonesia Tbk p.65 ×4
linked org GoTo Gojek Tokopedia Tbk p.65 ×4
linked org FKS Multi Agro Tbk p.65 ×5
linked org Austindo Nusantara Jaya p.69
linked org Indo American p.72 ×2
linked org Malayan Banking Berhad p.78 ×7
linked org Sorak Financial p.78 ×2
linked org Wahana Ottomitra Multiartha Tbk p.78 ×8
linked org Sinar Mas p.80 ×2
linked org Dana Pensiun p.102
linked org PT Maybank Sekuritas p.132 ×2
possible org Otoritas Jasa Keuangan p.1 ×13
possible org Perusahaan p.38
possible org Negara Republik Indonesia p.38
possible org Bank Rakyat Indonesia (Persero) Tbk. p.51 ×4
possible org Bank DBS p.52 ×2
possible org Bank BTPN Tbk. p.52 ×4
possible org Bank Tbk. p.60 ×2
possible org KB Bank Bukopin Tbk. p.61 ×4
possible person Herwan Ng p.64
possible org Vale Indonesia Tbk p.65 ×4
possible org Hillcon Tbk p.65 ×4
possible — Maybank Offshore p.78 ×2
possible person I Nyoman Tjager · Komisaris Independen p.80 ×3
possible person Amir Hamzah p.83
possible person Ir. Soekarno p.86
possible org PT Johnson p.98 ×2
possible person ALEXANDER · Presiden Direktur p.156 ×2
unresolved org 193 Dewan Pengawas Syariah p.8
unresolved — 202 Organ Pendukung · Komisaris p.8 ×2
unresolved — Supporting Organs p.8
unresolved — 239 Sistem Pengendalian p.8
unresolved org 241 Sistem Manajemen Risiko p.8
unresolved — 248 Akuntan Publik · Komisaris p.8 ×2
unresolved — 250 Pengadaan Barang p.8
unresolved org Procurement of Goods and Services p.8
unresolved — 251 Kode Etik p.8
unresolved — 252 Penanganan Benturan Kepentingan p.8
unresolved — Handling of Conflict of Interest p.8
unresolved org PT Fitch Ratings Indonesia. Bonds p.17
unresolved org PT Fitch Ratings Indonesia. p.17
unresolved org Maybank Indonesia Tbk. p.30 ×4
unresolved org Menteri Kehakiman dan Hak Asasi Manusia Republik Indonesia p.38
unresolved person Notary Mr. Richardus Nangkih Sinulingga p.38 ×2
unresolved org Minister of Law and Human Right p.38
unresolved org PT BII Finance Center p.38 ×14
unresolved org PT BII Finance Center Bidang p.38
unresolved org Financial Services Authority p.38 ×9
unresolved org Koperasi Karyawan Bank Internasional p.39
unresolved org PT BII p.42 ×2
unresolved org Departemen Keuangan Republik Indonesia p.42
unresolved org PT Bank Internasional p.42 ×5
unresolved org Bank Internasional Indonesia Tbk p.42 ×3
unresolved org PT Bank Indonesia p.42 ×5
unresolved org PT BII Finance p.42 ×3
unresolved org PT Maybank Indonesia Finance. Center p.42
unresolved org Kementerian Keuangan Menjalankan p.45
unresolved org Ministry of Finance p.45
unresolved org PT Maybank Indonesia Finance. Car p.46
unresolved person Managing · Director p.49
unresolved org PT Nomura Indonesia p.51 ×2
unresolved org PT Peregrine p.51
unresolved org PT Peregrine Sewu Securities p.51
unresolved org Menteri Kementerian p.51
unresolved org Ministry of Koperasi dan UKM p.51
unresolved org Permodalan Nasional (1999-2004); | Madani p.51
unresolved org Kementerian BUMN p.51
unresolved org Ministry of State-owned Enterprise p.51
unresolved org PT Bank Central Dagang p.55 ×2
unresolved org PT Orix Indonesia Finance p.55 ×2
unresolved org PT Oto p.56
unresolved org PT Elbatama Finance p.56 ×2
unresolved org PT Verena Oto Finance p.56 ×2
unresolved org PT Sinar Bersama Persada p.57 ×2
unresolved org PT Depok Motor p.57 ×2
unresolved org Kementerian Kesehatan Republik Indonesia p.58
unresolved org Ministry of Health p.58
unresolved org PT Mega Central Finance p.58 ×2
unresolved org Bank Sumsel Babel Syariah p.59 ×2
unresolved org PT Astra Aviva Life p.59 ×2
unresolved org Dow Chemical Pacific Ltd. p.60 ×2
unresolved org PT Bank Merincorp p.60 ×2
unresolved org PT Bank Universal p.60
unresolved org Universal Tbk. p.60
unresolved org PT Refcon Java p.60
unresolved org PT Refcon Java Industry p.60
unresolved org PT PLTA Situmulya p.60 ×2
unresolved org Bank Duta Tbk. p.61 ×6
unresolved org Penyehatan Perbankan Nasional p.61
unresolved org Bank Restructuring Agency p.61
unresolved org Danamon Indonesia Tbk. p.61
unresolved org Indonesia Tbk. p.61 ×6
unresolved org KB Bank Tbk. p.61 ×2
unresolved org Bukopin Tbk. p.61
unresolved org PT Asuransi Cigna Indonesia p.61 ×2
unresolved org PT Sertifikasi p.63 ×9
unresolved org PT Sertifikasi Profesi Pembiayaan Indonesia p.63 ×7
unresolved org Nasional Sertifikasi p.63 ×2
unresolved org PT Carrefour Indonesia p.63
unresolved org PT Carrefour p.63
unresolved org PT BCA Finance p.63 ×2
unresolved org PT Trisilco Folec Indonesia p.63 ×2
unresolved org PT IMS Logistik Indonesia p.63 ×2
unresolved org PT Gilang Agung p.63
unresolved org PT Gilang Persada p.63
unresolved org PT Hewlett Packard Finance p.65
unresolved org PT Hewlett Packard Indonesia p.65
unresolved org Asuransi Bina Dana Tbk p.65 ×2
unresolved org Arta Tbk p.65
unresolved org PT Caterpillar Finance Indonesia p.65 ×2
unresolved org PT Industri Jamu p.65 ×2
unresolved org Sido Muncul Tbk p.65
unresolved org Farmasi Sido Muncul Tbk p.65
unresolved org PT Austindo p.69
unresolved org PT Nusantara Jaya Finance p.69
unresolved org Departemen Accounting p.71
unresolved org PT PLAN International Indonesia p.72 ×2
unresolved org PT Putra Nusa Lontar p.72 ×2
unresolved org PT Binatara Persada-Jakarta p.72 ×2
unresolved org PT Verena Multi p.72
unresolved org PT Verena Multi Finance p.72
unresolved org PT First Indo American Leasing p.72 ×2
unresolved org Kantor Akuntan Publik Robert Yogi p.73
unresolved org Terbatas Indonesia Tbk p.76 ×2
unresolved org Bank Internasional Indonesia Total p.76 ×2
unresolved org Holdings Pte. Ltd. p.78 ×2
unresolved org PT KES Sinar Mas Securities p.80 ×2
unresolved org PT Maybank Kim Eng Securities. Kemudian p.80
unresolved org PT Maybank Kim Eng Sekuritas p.80 ×3
unresolved org Menteri Hukum dan Hak Asasi Manusia Republik Indonesia p.80
unresolved org PT Maybank Kim Eng Securities. Further p.80
unresolved org PT Maybank King Eng Sekuritas p.80
unresolved org Minister of Law and Human Rights p.80
unresolved org PT Maybank Sekuritas Indonesia. Tempat Kedudukan p.80
unresolved person Dato’ Abdul Hamid Bin SH Mohamed · Komisaris p.80
unresolved person Wilianto · Direktur Utama p.80 ×3
unresolved person Azrul Azwar Bin Ab Latif · Direktur p.80 ×2
unresolved person Wiwiek Susanto · Direktur p.80 ×2
unresolved person Ir. H. Juanda p.82
unresolved person Dr. Cipto p.83
unresolved org Purwantono, · Akuntan Publik p.87
unresolved — Pemeringkat p.87
unresolved org Kementerian Pendidikan p.93
unresolved org PT Maybank Produk Syariah p.98
unresolved person Offline · Komisaris p.99
unresolved person Arthur p.99
unresolved org PT CBQA p.99
unresolved org PT Pandawa p.101
unresolved org PT Mitra Cipta p.104
unresolved org PT Bipi Talenta p.104
unresolved org Berkelanjutan Indonesia Tbk p.132
unresolved org Berkelanjutan Bank Maybank Indonesia Tbk p.132
unresolved org PT Wahana Ottomitra p.132
unresolved org Berkelanjutan Multiartha Tbk p.132
unresolved org PT Asuransi Etiqa p.133
unresolved org PT Asuransi Etiqa Internasional Indonesia p.133 ×2
unresolved org Bank Interest Expense p.135
unresolved org Bank Maybank. GCG p.142
unresolved org Bank Maybank. DASAR HUKUM PENERAPAN GCG p.142
unresolved person Very Good · Komisaris p.145 ×4
unresolved — suara pada hal-hal tertentu yang berkaitan p.149
unresolved — 3. Menerima rilis materi RUPS sebelum RUPS p.149
unresolved — pertanyaan dan/atau memberikan pendapat p.149 ×2
unresolved — 5. Dapatkan perlakuan yang sama; p.149
unresolved — diberhentikan atau karena ada posisi kosong p.149
unresolved — diberhentikan, atau karena adanya lowongan p.149
unresolved org Kantor Akuntan Publik p.155
unresolved person MIKI EFFENDI LIM · Direktur p.156 ×8
unresolved org Kantor Akuntan Publik Pengganti p.162
unresolved person Muhamad Roskanedi p.165 ×2
unresolved — Sarjana · Komisaris p.165

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