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Page 1 OCR 0.852
» XL axiata

PT XL Axiata Tbk

Public Expose 2024
Page 2 OCR 0.939
FINANCIAL PERFORMANCE 2
Page 3 OCR 0.839
HIGHLIGHTS 2023

Strong Financial
Performance

1196
Revenue YoY
IDR 32.34 Tn

EBITDA

1246
YoY

IDR 15.89 Tn

1546

YoY
IDR 1.28 Tn

Net Profit

p XL axiata

@ 8 6

Uptrend in
Operational
Indicators alongside
increase in
Digitalization

Increasing
PA ARPU to
2S IDR 43k in
4023

Increase in myXL
and AXISnet

2 users
29 million

Leading in
Convergence

15

Convergence
Penetration

Ta

2. 2.

Converged
Organization, IT and
Network

Initiating
Structural
Transformation

Aa

Accelerating roll out
of Homes Passed to

2 million

A-&

Creation of ServeCo
and FibreCo
Page 4 OCR 0.835
FINANCIAL PERFORMANCE 3 XL axiata

In 2023, XL Axiata achieved double-digit Revenue growth. With focus in profitability, EBITDA and Net
Profit growth managed to exceed Revenue growth.

Revenue EBITDA Net Profit
(1
(PT
32,341 (3

15,885 1,284

14,235

2022 2023 2022 2023 2022 2023

In

. .

Numbers in Rp Mn
Page 5 OCR 0.870
STRATEGI PENINGKATAN PENDAPATAN 3 XL axiata

With accurate strategy, XL Axiata managed to grow Revenue and achieve increase in
operasional indicators.

Maintained guality subscribers @ 6

Optimized pricing with the of 57.5 million
use of data analytics

Consistent improvement in
ARPU reaching
Rp 43k in 4023

Push on digitalization and
personalization to focus
on customer experience

Growing number of own 15GB
channel users to become

01. M
29 million om 20GB

aa —

Brother 10GB

“7.
Page 6 OCR 0.825
ACCELERATION IN FIXED MOBILE CONVERGENCE 3 XL axiata

With continued Convergence vision, penetration of Fixed Broadband and Fixed Mobile Convergence
increased rapidly in 2023.

Home Homes
Connect Passed 2022 2023 Coverage

2022 2023 75x 2022 2023
— An | 2 Mn Convergence 30 | Er

Penetration
cities

Xesalu
Page 7 OCR 0.795
EXTENSIVE NETWORK 3 XL axiata

XL Axiata implements optimized investments to continue strengthening network across Indonesia.

BTS Count Fiberized Sites
Ho 7D
160,124 614
146,023
541

104,993 —

1,255 1,057

2022 2023 2022 2023

M3G M2G M4G

Page 8 OCR 0.923
AWARDS 2023

aa
INDOMESIA

HUMANa
RESOURCES

Anugerah Inovasi
Indonesia

XL Axiata Business
Solutions

External Relations -
Digitalization for
Greener Future

Top GRC Awards

Top GRC Awards #4
Stars

Dian Siswarini as The
Most Committed GRC
Leader

Indonesia Human
Resources Awards

The Best HR Management
for the Outstanding HR
Transformation Initiatives
to Maintain Company
Agility and Productivity

Asia Technology
Excellence Awards

XL Axiata Business
Solutions

Indonesia Technology
Excellence Award for
ICT Telecommunication

Marketeers
Sustainable
Marketing
Excellence Awards

Corporate Social
Responsibility of the
Year

Asian Telcom Awards
2023

“ Broadband Telecom
Company of the Year

“ Marketing & Brand
Initiative of the Year

p XL axiata

The 14th IICD
Corporate
Governance Award

“ Top 50 Big Cap
Public Listed
Company

» Best Role of
Stakeholders

HR Asia Best
Companies to Work
For in Asia Award

“ Best Companies to
Work for in Asia -
Indonesia Chapter

“ Digital
Transformation

Contact Center
Service Excellence
Awards 2023

“ Call Center
Communication

“ Email Center Non
Banking-Finance-
Insurance
Page 9 OCR 0.911
1A 2024
PERFORMANCE UPDATE
Page 10 OCR 0.852
(Solid

N

Performance
in
( 10 2024 )

Revenue
growth reached

1296 Yoy

to become

IDR 8.44 Tn
driven by Data & Digital
Services

EBITDA

growth of
24Y9 YoY

to

IDR 4.45 Tn

EBITDA Margin

expanded to

52,840

5 XL axlata

Net Profit
grew by

16846 YoY

to

IDR 547 Bn

ARPU

reached all-time high of

IDR 44 k

growing

106 YoY

Total Subscribers
57.6 million

10
Page 11 OCR 0.601
5 XL axlata
Progress of

Fixed Mobile Convergence

0 Nesatu Ia
Total Fixed INTERNETNYA EN
subscribe BENERAN “
Progress “ 0 bi SA A TI Ly
up to Convergence » '
1A 2024 Penetration — is. 3 -

bi

Expansion to be “3
cities ..

11
Page 12 OCR 0.743
#3 M Stronger
| MN Suren and
)Digitalization
in
122024

b/

BTS Count
of
163,106

growing

104 YoY

Fiberized Sites
62X

growing

740 YOY

5 XL axiata

Data Traffic
2,609 Pb
up

184 YoY

myXL &
AXISnet active

users
reach

30.3 million

12
Page 13 OCR 0.936
2024
GUIDANCE
Page 14 OCR 0.813
Consolidated
Guidance
2024

2

b,

Revenue
growth
High Single Digit

EBITDA Margin
around 50x

CAPEX
around IDR 8 Tn

p XL axiata
Page 15 OCR 0.782
Thank You » XL axliata

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Published29 Apr 2024
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Names mentioned 2 people and organisations named in the text · linked when the evidence is strong

linked org XL Axiata Tbk p.1 ×7
linked person Dian Siswarini p.8

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