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Page 1
PAPARAN PUBLIK /
 PUBLIC EXPOSE
 PT Tunas Alfin Tbk
       2024
Page 2
            AGENDA
• Profil Perseroan / Company Profile
• Strategi Perseroan / Company Strategy
• Kinerja Perseroan / Company Performance
• Informasi Penting Perseroan / Important
  Company Information




                                            2
Page 3
Profil Perseroan /
Company Profile


                     3
Page 4
Sekilas Mengenai Perseroan /
Overview of the Company

Pendirian dan Informasi Umum / Establishment and General Information


   Perusahaan didirikan 6 Mei 1977 merupakan pionir dalam bidang Printing Rotogravure
    serta unggul dalam industri kemasan halus.
    The Company was established May 6, 1977 is a pioneer in the field of Rotogravure
    Printing and excels in the fine packaging industry.
   Anggaran dasar Perusahaan telah mengalami beberapa kali perubahan, terakhir dengan
    Akta Notaris Charles Hermawan, S.H. No. 281 tanggal 26 Juli 2022 mengenai perubahan
    maksud, tujuan dan kegiatan usaha. Perubahan tersebut telah disetujui oleh Menteri
    Hukum dan Hak Asasi Manusia Republik Indonesia berdasarkan Surat Keputusan No.
    AHU-0052581.AH.01.02. TAHUN 2022 tanggal 27 Juli 2022.
    The Company’s articles of association has been amended several times, the latest of
    which is covered by Notarial Deed No. 281 of Charles Hermawan, S.H. dated July 26,
    2022, concerning changes of the Company’s purposes, objectives and scope of activities.
    The amendment was approved by the Minister of Law and Human Rights of the Republic
    of Indonesia through its Decision Letter No. AHU-0052581.AH.01.02.TAHUN 2022 dated
    July 27, 2022.
   Pelanggan Perusahaan meliputi Perusahaan Lokal maupun Multinasional yang bergerak
    dalam industri makanan, minuman, rokok dan produk perawatan diri.
    The Company's customers include Local and Multinational Companies engaged in the
    food, beverage, cigarette and personal care product industries.

                                                                                              4
Page 5
Sekilas Mengenai Perseroan (lanjutan) /
Overview of the Company (continued)
Perkembangan Usaha Perusahaan / Company Business Development :
   Pada tahun 2016, Perusahaan mengakuisisi fasilitas produksi di Cikupa Tangerang,
    Banten. Fasilitas produksi ini dikhususkan memproduksi kemasan fleksibel. Fasilitas
    produksi Cikupa telah mendapatkan sertifikasi ISO 9001:2015 dan Food Safety Certification
    FSSC 22000.
      in 2016, the Company acquired a production facility in Cikupa, Tangerang, Banten. This
      production facility is specialized in producing flexible packaging. Cikupa's production
      facilities have received ISO 9001:2015. certification and Food Safety Certification FSSC
      22000.
   Pada tahun 2019, Perusahaan mengakuisisi 65.430 saham atau 90% kepemilikan saham
    PT Dharma Anugerah Indah (“DAI”) yang berasal dari akuisisi 39.985 saham milik PT
    Proinvestindo, 18.175 saham milik pihak ketiga dan 7.270 saham milik pihak berelasi,
    dengan total harga akuisisi sejumlah sebesar Rp 99.000.000.000. DAI yang berlokasi di
    Jombang Jawa Timur bergerak dalam bidang industri kemasan corrugated paper board
    dengan teknologi cetakan offset. Fasilitas produksi kemasan corrugated paper board milik
    DAI ini telah bersertifikasi diantaranya ISO 9001:2015 dan FSSC 22000 V5.1: Food Safety
    System Certification (for Secondary packaging).
      In 2019, the Company acquired 65,430 shares or 90% ownership of PT Dharma
      Anugerah Indah (“DAI”) from the acquisition of 39,985 shares owned by PT
      Proinvestindo, 18,175 shares owned by third parties and 7,270 shares owned by related
      parties, with a total acquisition price of Rp 99,000,000,000. DAI, which is located in
      Surabaya, is engaged in the corrugated paper board packaging industry with offset
      printing technology. DAI's corrugated paper board packaging production facilities have
      been certified including ISO 9001:2015 and FSSC 22000 V5.1: Food Safety System
      Certification (for Secondary Packaging).

                                                                                                 5
Page 6
Sekilas Mengenai Perseroan (lanjutan) /
Overview of the Company (continued)
Fasilitas produksi / Production Facilities :


   Grup Perusahaan memiliki tiga pabrik/fasilitas produksi yang berlokasi di Tangerang dan
    Jombang. Saat ini total kapasitas produksi terpasang mencapai 51.800 ton per tahun.
      The Group has three factory/production facilities located in Tangerang and Jombang.
      Currently, the total installed production capacity reaches 51,800 tons per year.


   Fasilitas produksi Grup dibangun pada lahan keseluruhan seluas 152.677 meter persegi,
    terdiri dari lahan seluas 43.130 meter persegi berlokasi di Batuceper Tangerang, lahan
    seluas 15.335 meter persegi berlokasi di Cikupa Tangerang dan telah bertambah dengan
    pembelian dua lahan masing-masing seluas 34.400 dan 7.200 meter persegi berlokasi di
    Kawasan Industri Modern di Cikande, Serang, yang saat ini sedang dibangun pabrik baru,
    sebagai perluasan usaha pabrik Batuceper. Lahan seluas 24.535 meter persegi, dimiliki
    DAI berlokasi di Margomulyo Surabaya yang saat ini sudah diperluas dengan fasilitas baru
    seluas 28.077 meter persegi berlokasi di Jombang.
      The Group's production facilities are built on a total land area of 152,677 square meters,
      consisting of 43,130 square meters of land located in Batuceper Tangerang, 15,335
      square meters of land located in Cikupa Tangerang and has been increased by the
      purchase of two land areas of 34,400 and 7,200 square meters respectively located in
      the Modern Industrial Estate in Cikande, Serang, where a new factory is currently being
      built, as an expansion of the Batuceper factory business. The land area of 24,535
      square meters, owned by DAI, is located in Margomulyo, Surabaya, which has now
      been expanded with a new facility of 28,077 square meters located in Jombang.
                                                                                                   6
Page 7
Sekilas Mengenai Perseroan (lanjutan) /
Overview of the Company (continued)
Fasilitas produksi (lanjutan) / Production Facilities (cont’d) :


   Pada kuartal keempat tahun 2020, DAI memulai pelaksanaan pemindahan pabrik dari
    Surabaya ke Jombang secara bertahap dan pemindahan tersebut telah selesai dilakukan
    pada akhir tahun 2022. Keseluruhan proses produksi kemasan anak perusahaan
    semenjak akhir tahun 2022 telah dilakukan seluruhnya di Pabrik Jombang.
      In the fourth quarter of 2020, DAI began implementing the gradual moving of the factory
      from Surabaya to Jombang and moving was completed at the end of 2022. Since the
      end of 2022, the entire packaging production process for the subsidiary company has
      been carried out entirely at the Jombang Factory.


   Perusahaan saat ini sedang memperluas fasilitas produksi dengan membangun pabrik
    baru di Kawasan Industri Modern Cikande, yang telah dimulai pada akhir kuartal keempat
    tahun 2021 dan ditargetkan akan selesai di akhir kuartal ketiga 2024. Di awal kuartal
    keempat 2024, proses pemindahan mesin-mesin produksi akan dimulai dan diperkirakan
    akan memakan waktu sekitar 2 (dua) tahun dengan tetap memperhatikan mapping
    penjualan ke customer sehingga tidak mengganggu schedule pengiriman produk ke
    pelanggan.
      The Company is currently expanding production facilities by building a new factory in the
      Modern Cikande Industrial Estate, which has been started at the end of the fourth
      quarter of 2021 and is targeted to be completed by the end of Q3 - 2024. In early Q4 -
      2024, the process of moving production machines will begin and is expected to takes
      about 2 (two) years while still paying attention to the mapping of sales to customers so
      that it does not interfere with the product delivery schedule to customers.
                                                                                                  7
Page 8
Sekilas Mengenai Perseroan (lanjutan) /
Overview of the Company (continued)
Fasilitas produksi (lanjutan) / Production Facilities (cont’d) :


   Pada lokasi yang sama, pembangunan tambahan fasilitas produksi Perusahaan yang
    memproduksi tools Silinder yang pembangunannya dimulai pada awal kuartal keempat
    tahun 2021 telah selesai dibangun di pertengahan tahun 2022. Tools Silinder tersebut
    dibutuhkan dan menjadi tools utama dalam proses pencetakan.
      At the same location, the construction of an additional production facility for the
      Company that produces cylinder tools, whose construction began in the fourth quarter of
      2021, was completed in mid-2022. These cylinder tools are needed and are the main
      tools in the printing process.


   Perusahaan memiliki fasilitas produksi silinder untuk mengurangi ketergantungan kepada
    pemasok tertentu sehingga dapat meminimalisasi risiko rantai pasok (supply chain risk).
    Namun dalam perkembangannya, Perusahaan belum memiliki keahlian sumber daya
    manusia serta teknologinya, oleh karena itu, pada Oktober 2022 Perseroan menyewakan
    aset tersebut kepada PT Suprima Gravure Indonesia (“SGI”) yang merupakan perusahaan
    afiliasi. Tidak ada kerugian dan tidak terdapat risiko dari transaksi ini oleh karena aset
    yang disewakan merupakan aset non operasional.
      the Company wanted to have cylinder production facilities to reduce dependence on
      certain suppliers so as to minimize supply chain risk. However, in its development, the
      Company did not have the expertise, human resources and technology, therefore, in
      October 2022 the Company leased the assets to PT Suprima Gravure Indonesia (“SGI”)
      which is an affiliated company. There is no loss and no risk from this transaction
      because the leased asset is a non-operational asset.
                                                                                                 8
Page 9
Sekilas Mengenai Perseroan (lanjutan) /
Overview of the Company (continued)
Fasilitas produksi (lanjutan) / Production Facilities (cont’d) :


   Pada tanggal 5 Oktober 2022, Perusahaan Induk dan PT Suprima Gravure Indonesia
    (“SGI”), pihak berelasi mengadakan perjanjian sewa menyewa aset berupa tanah,
    bangunan, mesin dan peralatan yang berlokasi di Kawasan Industri Modern Cikande,
    Serang, Banten selama jangka waktu 5 tahun sampai dengan tanggal 4 Oktober 2027.
    Dengan adanya perjanjian ini, Perusahaan Induk akan mendapatkan pendapatan rutin
    atas penyewaan properti investasi tersebut.
     On October 5, 2022, the Parent Company and PT Suprima Gravure Indonesia (“SGI”),
     related parties entered into assets lease agreement for land, buildings, machineries and
     equipments located in Modern Cikande Industrial Estate, Serang, Banten for period of 5
     years until October 4, 2027. With this agreement, the Parent Company will receive
     regular income from the rental of the investment property.




                                                                                                9
Page 10
Sekilas Mengenai Perseroan (lanjutan) /
Overview of the Company (continued)
Fasilitas produksi (lanjutan) / Production Facilities (cont’d) :


   Saat ini, Perseroan masih dalam tahapan mempelajari beberapa opsi pelepasan maupun
    bentuk pemanfaatan lainnya atas aset tanah dan bangunan pabrik yang berlokasi di
    Batuceper maupun aset milik Anak Perusahaan di Surabaya.
      Currently, the Company is still in the stage of studying several disposal options and other
      forms of utilization of land and factory buildings assets located in Batuceper as well as
      assets owned by a Subsidiary in Surabaya.


   Fasilitas produksi Grup menjalankan kegiatan operasional yang mencakup seluruh
    tahapan proses produksi kemasan, mulai dari pemilihan dan pengolahan bahan baku
    hingga menjadi produk akhir sesuai dengan spesifikasi pemesan.
      The Group's production facilities carry out operational activities covering all stages of the
      packaging production process, starting from the selection and processing of raw
      materials to the final product in accordance with customer specifications.


   Pada perspective produk, secara keseluruhan, fasilitas produksi Perusahaan dapat
    menghasilkan produk-produk kategori roll-to-roll, roll-to-sheet serta roll-to-piece.
      From a product perspective, as a whole, the Company's production facilities can
      produce roll-to-roll, roll-to-sheet and roll-to-piece category products.



                                                                                                      10
Page 11
Sekilas Mengenai Perseroan (lanjutan) /
Overview of the Company (continued)
Fasilitas produksi (lanjutan) / Production Facilities (cont’d) :


   Fasilitas produksi di Batuceper Tangerang, yang merupakan pabrik pertama yang didirikan
    Perseroan, menjalankan proses printing rotogravure beserta pelapisan / laminating dan
    pemotongan / slitting, dalam satu aliran, dengan kemampuan memproduksi produk
    segmen kemasan Rokok dan Barang Konsumsi dalam volume besar. Kemampuan proses
    cetakannya mencakup embossed hingga sepuluh warna. Proses pelapisan hasil cetakan
    (laminating) dilakukan dengan menggunakan mesin berteknologi wet / dry laminating
    ataupun dilakukan pelapisan (coating) dengan teknologi solvent free, ataupun dilakukan
    proses metalizing. Finalisasi melalui proses pemotongan (sliting), dilakukan dalam satu
    aliran proses produksi yang terpadu.
      The production facility in Batuceper Tangerang, which is the first factory established by
      the Company, runs the rotogravure printing process along with laminating and slitting, in
      one flow, with the ability to produce large volumes of Cigarettes and Consumer Goods
      packaging segment products. Its printing process capabilities include embossed for up
      to ten colors. The laminating process is carried out using a machine with wet / dry
      laminating technology or a coating with solvent free technology, or a metalizing process.
      Finalization through a slitting process, is carried out in one integrated production process
      flow.




                                                                                                     11
Page 12
Sekilas Mengenai Perseroan (lanjutan) /
Overview of the Company (continued)
Fasilitas produksi (lanjutan) / Production Facilities (cont’d) :


   Fasilitas produksi di Cikupa Tangerang, Banten mengkhususkan untuk beroperasi
    memproduksi kemasan fleksibel. Proses yang dikerjakan oleh fasilitas produksi di
    Cikupa mencakup proses printing dengan kemampuan mesin berkecepatan tinggi hingga
    sembilan warna, dilanjutkan ke proses pelapisan (laminating) dan proses pemotongan
    (slitting) maupun pemotongan menjadi bentuk bag (bag making) dilakukan dalam satu
    aliran proses produksi yang terpadu, dan berkemampuan memproduksi dalam skala
    besar. Fasilitas produksi Cikupa ini telah mendapatkan sertifikasi ISO 9001:2015 dan Food
    Safety Certification FSSC 22000.
      The production facility in Cikupa Tangerang, Banten specializes in operating flexible
      packaging. The flexible packaging that is carried out by the production facility in Cikupa
      includes the printing process with high-speed machine capabilities of up to nine colors,
      followed by the laminating process and the slitting process as well as cutting into bag
      shapes (bag making) which is carried out in one integrated production process flow and
      capable of producing on a large scale. The Cikupa production facility has received ISO
      9001:2015 and Food Safety Certification FSSC 22000.




                                                                                                   12
Page 13
Sekilas Mengenai Perseroan (lanjutan) /
Overview of the Company (continued)
Fasilitas produksi (lanjutan) / Production Facilities (cont’d) :


   Saat ini fasilitas produksi Cikupa telah dikembangkan diperluas dengan tiga gedung
    fasilitas produksi baru termasuk didalamnya fasilitas positive room dan fasilitas aging room
    serta menambah mesin printing, solvent free laminating, offline slitting machines, bag
    making dan mesin extrusion terbaru. Dengan adanya penambahan fasilitas ini,
    Perusahaan memiliki kapasitas untuk memproduksi kemasan halus kategori primary
    packaging.
      Currently the Cikupa production facility has been expanded with three new production
      facility buildings including positive room facilities and aging room facilities as well as
      adding printing machines, solvent free laminating, offline slitting machines, bag making
      and the latest extrusion machines. With the addition of this facility, the Company has the
      capacity to produce fine packaging for the primary packaging category.




                                                                                                   13
Page 14
Sekilas Mengenai Perseroan (lanjutan) /
Overview of the Company (continued)
Fasilitas produksi (lanjutan) / Production Facilities (cont’d) :


   Fasilitas produksi Jombang memproduksi kemasan corraguted paperboard yang
    berkualitas. Pabrik ini telah memperoleh sertifikasi diantaranya ISO 9001:2015 dan FSSC
    22000 V5.1: Food Safety System Certification (for Secondary Packaging). Proses produksi
    pada fasilitas Jombang dilakukan dengan menggunakan mesin offset printing
    berkecepatan tinggi hingga delapan warna, beserta proses penyinaran UV. Secara
    Operasional, proses printing ini didukung dengan proses pendukung persiapan cetak
    meliputi sistem desktop publishing, digital proofing cutting plotter dan paper cutting.
    Setelah melalui proses cetak dan penyinaran UV, dilanjutkan dengan proses die
    cutting/pond, glueing dan banding.
      Jombang production facility produces quality corrugated paperboard packaging. This
      factory has obtained certifications including ISO 9001:2015 and FSSC 22000 V5.1: Food
      Safety System Certification (for Secondary Packaging). The production process at the
      Jombang facility is carried out using a high-speed offset printing machine for up to eight
      colors, along with a UV irradiation process. Operationally, the printing process is
      supported by print preparation support processes including a desktop publishing system,
      digital proofing cutting plotter and paper cutting. After going through the printing and UV
      irradiation processes, it is followed by the die cutting/pond, glueing and banding
      processes.




                                                                                                    14
Page 15
Pemegang Saham dan Persentase Kepemilikan /
Shareholders and Percentage of Ownership
                                                                         December 31, 2023
                                                              (Entitas Induk Saja / Parent Entity Only )
                                                                           Persentase
                                                                          Kepemilikan /
      Pemegang Saham /                             Jumlah Saham /         Percentage of
         Shareholders                             Number of Shares         Ownership               Jumlah / Total
 PT Proinvestindo                                           1,243,731,700                                        91.89                         124,373,170,000
 Samuel Sofyan Tika (Director)                                  2,730,300                                         0.20                             273,030,000
 Masyarakat / Public                                          106,973,000                                         7.91                          10,697,300,000
 Jumlah / Total                                             1,353,435,000                                      100.00                          135,343,500,000




                                                                      Samuel Sofyan Tika
                                PT Proinvestindo                              (Director)                              Masyarakat (Public)
                                   (91.89%)                                    (0,20%)                                     (7,91%)




                                                                                                                                        Minority Shareholders
                                                                      PT Tunas Alfin Tbk                                                      (10,00%)



                                                                                                       PT Dharma Anugerah
                                                                                                              Indah
                                                                                                            (90,00%)


         Entitas Anak / Sub sidiary                                : PT Dharma Anugerah Indah
         Alamat / Address Jombang                                  : Jl. Raya Ploso Babat dsn. Pendowo RT/RW 004/003
                                                                     Desa Kabuh, Kec. Kabuh, Kab. Jombang
         Alamat / Address Surabaya                                   Jl. Margomulyo No. 7 Tandes, Surabaya - 60186
         Persentase Kepemilikan / Percentage of Ownership          : 90%
         Kegiatan Usaha / Business Activities                      : Percetakan, perindustrian, perdagangan, pengangkutan darat, jasa dan
                                                                     pembangunan / Printing, industry, trading, land transportation, services and
                                                                     construction
         Status Operasi / Operation Status                           Beroperasi penuh / Full operation
         Tahun Operasi Komersial / Year of Commercial Operations   : 1986
                                                                                                                                                                 15
Page 16
Pemegang Saham dan Persentase Kepemilikan /
Shareholders and Percentage of Ownership
                                                                         December 31, 2022
                                                              (Entitas Induk Saja / Parent Entity Only )
                                                                           Persentase
                                                                          Kepemilikan /
      Pemegang Saham /                             Jumlah Saham /         Percentage of
         Shareholders                             Number of Shares         Ownership               Jumlah / Total
 PT Proinvestindo                                           1,192,998,900                                       88.15                          119,299,890,000
 UOB Kay Hian Pte. Ltd.,
    Singapore                                                 152,716,700                                       11.28                               15,271,670,000
 Samuel Sofyan Tika (Director)                                     83,700                                        0.01                                    8,370,000
 Masyarakat / Public                                            7,635,700                                        0.56                                  763,570,000
 Jumlah / Total                                             1,353,435,000                                     100.00                           135,343,500,000


                                                   UOB Kay Hian Pte. Ltd.,
                                                        Singapore                            Samuel Sofyan Tika (Director)
                PT Proinvestindo                                                                                                          Masyarakat (Public)
                                                        (11,28%)                                      (0,01%)
                   (88,15%)                                                                                                                    (0,56%)




                                                                                                                                         Minority Shareholders
                                                                      PT Tunas Alfin Tbk                                                       (10,00%)



                                                                                                       PT Dharma Anugerah
                                                                                                              Indah
                                                                                                            (90,00%)


         Entitas Anak / Sub sidiary                                : PT Dharma Anugerah Indah
         Alamat / Address Jombang                                  : Jl. Raya Ploso Babat dsn. Pendowo RT/RW 004/003
                                                                     Desa Kabuh, Kec. Kabuh, Kab. Jombang
         Alamat / Address Surabaya                                   Jl. Margomulyo No. 7 Tandes, Surabaya - 60186
         Persentase Kepemilikan / Percentage of Ownership          : 90%
         Kegiatan Usaha / Business Activities                      : Percetakan, perindustrian, perdagangan, pengangkutan darat, jasa dan
                                                                     pembangunan / Printing, industry, trading, land transportation, services and
                                                                     construction
         Status Operasi / Operation Status                           Beroperasi penuh / Full operation
         Tahun Operasi Komersial / Year of Commercial Operations   : 1986                                                                                            16
Page 17
Visi, Misi dan Nilai-Nilai Perusahaan /
Company’s Vision, Mission and Values
Visi/Vision:
(what or where we want to be)

       Menjadi mitra bisnis yang terbaik dan berkelanjutan
       untuk produk cetak dan kemasan

       To be a sustainable business partner in printing and
       packaging product

Misi/Mission:
(why we exist)
        Menjadi yang terbaik dalam bisnis jasa cetak dan kemasan
        yang berkelanjutan, Manajemen dan seluruh karyawan
        mengutamakan pelanggan melalui Lima Prestasi Unggul:
        • Mutu produk yang berkelanjutan
        • Harga yang wajar dan bersaing
        • Pengiriman tepat waktu
        • Perbaikan berkelanjutan
        • Pelayanan pelanggan berkelanjutan

       To achieve excellence in the sustainable printing and
       packaging business, Management and all staff are customer
       focused through Five Performance Objectives:
       • Sustainable product quality
       • Fair and competitive pricing
       • On time delivery
       • Continuous improvement
       • Sustainable customer service

Nilai-Nilai Kami/Our Values:
integritas, kerja tim, dapat dipercaya dan perbaikan berkelanjutan   17
integrity, teamwork, trustworthy and continuous improvement
Page 18
Budaya Perusahaan / Company’s Culture
Mutu                                     Quality
Mutu adalah yang pertama dan utama       Quality is first and foremost in all
dalam semua kegiatan. Sejak awal,        activities. From the start, control the
kendalikan kegiatan dan cegah            activity and prevent the occurence of
terjadinya ketidaksesuaian.              nonconformity.


Tanggung Jawab                           Responsibility
Jalankanlah pekerjaan dengan sepenuh     Perform work wholeheartedly and
hati dan konsekuen.                      consistently.


Kejujuran                                Honesty
Jangan pernah memikirkan apalagi         Do not ever think to commit fraud while
melakukan kecurangan dalam               performing task, duty, responsibility and
melaksanakan pekerjaan, tugas,           authority.
tanggung jawab dan wewenang.


Kreativitas
                                         Creativity
Pasti ada cara lain. Pikirkan, temukan
                                         There must be another way. Think, find
dan wujudkan alternatif yang
                                         and realize alternative valuable solution.
mengandung nilai lebih.


Kerjasama
                                         Cooperation
Bersatulah dalam menghadapi dan
                                         Unite to confront and overcome problems.
mengatasi semua permasalahan.


                                                                                      18
Page 19
Strategi Perseroan /
Company Strategy


                       19
Page 20
Strategi Perseroan / Company Strategy
Strategi Perseroan dituangkan dalam dokumen Corporate Strategy Map dengan
format Balance Score Card dilengkapi dengan ukuran atau target pencapaian
tahunan.
The Company's strategy is outlined in the Corporate Strategy Map document in
the Balance Score Card format, accompanied by measures or annual
achievement targets.


Perusahaan menjalankan strategi :
 Optimalisasi kapasitas produksi.
 Penguatan kompetensi pada sisi human resources.
 Maintenance mesin dengan menjalankan analisa secara modular pada setiap
   mesin cetak utama.
 Efisiensi pengadaan bahan baku utama dengan pemenuhan bahan baku
   untuk prioritas produksi make to stock atas permintaan pelanggan utama yang
   memberikan forecast kebutuhannya.
 Secara konsisten melaksanakan monitoring order penjualan secara
   mingguan, serta dirangkai secara menyeluruh dalam pembahasan secara
   mingguan mencakup Planning, Production and Inventory Control.
 Pelaksanaan strategi peningkatan volume penjualan yang berfokus kepada
   pelanggan organik utama Perusahaan, secara konsisten dilanjutkan disertai
   dengan penyelarasan terhadap strategi efisiensi biaya operasional,
   manajemen waste produksi, dan belanja modal yang terukur.
 Manajemen harus terus mengupayakan efisiensi internal di seluruh lini
   operasional Perusahaan
 Mempertahankan neraca keuangan yang tumbuh sehat serta menjaga
   profitabilitas dan cash flow perusahaan tetap positif di tengah konjungtur
   perekonomian yang masih bergejolak.
                                                                                 20
Page 21
   Meningkatkan kepercayaan dan menjadikan Perusahaan sebagai mitra
    terpercaya bagi perusahaan multinasional dengan terus meningkatkan
    kualitas produksi, meningkatkan ketepatan waktu penyerahan produk dengan
    harga yang bersaing.

The Company implemented strategies:
 optimizing production capacity.
 Strengthening competency on the human resources side.
 Machine maintenance by carrying out modular analysis on each main printing
   machine.
 Efficiency in procurement of main raw materials of fulfilling raw materials for
   make to stock production priority at the request of main customers who
   provide forecasts of their needs.
 Consistently monitors sales orders on a weekly basis, and thoroughly
   arranges weekly discussions including Planning, Production and Inventory
   Control.
 The implementation of a strategy to increase sales volume that focuses on the
   Company's main organic customers, is consistently continued accompanied
   by alignment with strategies for operational cost efficiency, production waste
   management, and measurable capital expenditure.
 Management must continue to strive for internal efficiency in all lines of the
   Company's operations
 Maintaining a healthy growing financial balance while maintaining positive
   company profitability and cash flow amidst the turbulent economic
   conjuncture.
 Increase trust and make the Company a trusted partner for multinational
   companies by continuously improving production quality, increasing the
   timeliness of product delivery at competitive prices.


                                                                                    21
Page 22
    Sensitivitas dan Tantangan Bisnis /
    Business Sensitivity and Challenges
   Kewaspadaan terhadap risiko perlambatan ekonomi dan berlanjutnya ketidakpastian
    global di tahun 2024.
   Kondisi Geopolitik di Ukraina, Timur Tengah dan Laut China yang dapat menimbulkan
    disrupsi logistik
   Pertumbuhan Ekonomi Indonesia yang relatif stabil dengan dukungan pertumbuhan
    konsumsi domestik yang meningkat.
   Persaingan dalam pasaran regional.
   Stabilitas kurs Rupiah terhadap beberapa mata uang asing, khususnya USD.
   Menjaga cash flow tetap sehat menjadi prioritas utama untuk tetap survive pada periode
    perekonomian Indonesia saat ini serta masih terjadinya perlambatan ekonomi global.

   Be alert to the risk of economic slowdown and continued global uncertainty in 2024.
   Geopolitical conditions in Ukraine, the Middle East and the China Sea which could
    cause logistics disruption
   Indonesia's economic growth is relatively stable with the support of increasing domestic
    consumption growth.
   Competition in regional markets.
   Stability of the Rupiah exchange rate against several foreign currencies, especially the
    USD.
   Maintaining healthy cash flow is a main priority to survive in the current period of the
    Indonesian economy and the ongoing global economic slowdown.


                                                                                               22
Page 23
Kinerja Perseroan
   Konsolidasi


                    23
Page 24
Ikhtisar
Operasional
                                     1,26 Triliun       66.805 Juta
                                     Total penjualan    Laba usaha 2023
                                          2023




           38.081 Juta
    Laba bersih tahun 2023 yang
    dapat     diatribusikan kepada
    pemilik entitas                        858            1.217     Juta


                                         Karyawan      Jumlah ekuitas 2023
Page 25
                                                                                               Dalam Juta Rupiah

Kinerja Ekonomi

             Jumlah Aset                        Jumlah Liabilitas                          Jumlah Ekuitas
 1.733.867



                 1.797.281




                                                                               1.217.351



                                                                                                 1.186.406
                              1.569.930




                                                                                                              1.047.684
                                           516.517



                                                       610.875



                                                                    522.246


2023            2022         2021         2023        2022       2021         2023             2022          2021
Page 26
                                                                                   Dalam Juta Rupiah

Kinerja Ekonomi
             Penjualan                            Laba Usaha             Laba Tahun Berjalan
 1.262.896



               1.318.101



                            1.047.891




                                                                          38.451



                                                                                    44.313
                                         66.805



                                                     80.190




                                                                                              22.438
                                                                46.379


2023          2022         2021         2023        2022       2021      2023      2022      2021
Page 27
Penjualan Neto Konsolidasi / Consolidated Net Sales
(Berdasarkan Industri Pelanggan / By Customer’s Industry)


                        LL                                             LL




                                                                               RO
                                 RO




                   BK
                                                                      BK




                                         December 2023                December 2022
                                          (Consolidated)               (Consolidated)
                                      (Dalam Juta /                (Dalam Juta /
                                      In Million Rp)     %         In Million Rp)     %
       Barang konsumsi (BK) /
       Consumer goods                       787.986      62,4               974.913    74,0
       Rokok (RO) / Cigarette               428.132      33,9               298.149    22,6
       Lain-lain (LL) / Others               46.778          3,7             45.039       3,4
       Jumlah / Total                     1.262.896     100,0          1.318.101      100,0

                                                                                                27
Page 28
Kinerja Ekonomi




 35.891 Ton           34.587 Ton                 4 SKU
Total produksi 2023   Total penjualan   Produk ramah lingkungan
                       produk 2023
Page 29

          
Page 30

          
Page 31

          
Page 32
Posisi Keuangan Entitas Induk /
Parent Entity
         1.429
               Financial Position
 1.384




                                        1.261
                                                                        517
                                                     445
                                                                                          415




Dec-23             Dec-22              Dec-21
                Aset / Assets
         (Dalam Milyar / In Billion Rp)


  939
                                                    Dec-23           Dec-22             Dec-21
                        912
                                                                Liabilitas / Liabilities
                                                             (Dalam Milyar / In Billion Rp)

                                              845




Dec-23               Dec-22             Dec-21
                   Ekuitas / Equity
             (Dalam Milyar / In Billion Rp)                                                      32
Page 33
Penjualan Neto Entitas Induk /
Parent Entity Net Sales
(Berdasarkan Industri Pelanggan / By Customer’s Industry)

                          LL                                       LL




                                                                         RO

                               RO

                     BK
                                                              BK




                                    December 2023            December 2022
                                   (Parent Entity)             (Parent Entity)
                                (Dalam Juta /              (Dalam Juta /
                                In Million Rp)     %       In Million Rp)      %
    Barang konsumsi (BK) /
    Consumer goods                      585.520     55,3           704.188     67,5
    Rokok (RO) / Cigarette              427.470     40,4           294.972     28,3
    Lain-lain (LL) / Others              46.356      4,4            44.346      4,2
    Jumlah / Total                    1.059.346   100,0         1.043.506     100,0

                                                                                      33
Page 34
              KINERJA KEUANGAN ENTITAS INDUK /
            PARENT ENTITY FINANCIAL PERFORMANCE
1.200.000
                                                                    1.200.000
1.000.000
                                                                    1.000.000
 800.000
                                                                     800.000
 600.000
                                                                     600.000
 400.000
                                                                     400.000
 200.000
                                                                     200.000
       0                                                                   0
              '2023                        '2022                                   '2023                  '2022

                               Penjualan neto / Net sales                                     Beban neto / Net expenses

 120.000
                                                                                              Entitas Induk /
 100.000
  80.000
                                                                                               Parent Entity
                                                                                           (Dalam Juta / In Million Rp)
  60.000
                                                                                               2023          2022
  40.000                                                                Penjualan neto
  20.000                                                               / Net sales            1.059.346       1.043.506
                                                                        Beban neto /
       0
                                                                       Net expenses           1.015.667       1.012.868
                      '2023                                 '2022
                                                                        Laba bruto /
                              Laba bruto dan Laba neto /               Gross profit             111.991           94.296
                                                                        Laba neto / Net
                              Gross profit and Net profit
                                                                       profit                    34.752           22.839

                                                                                                                           34
Page 35
  Top 10 Pelanggan / Customer - Kemasan Barang Konsumsi / Consumer Goods Packaging
                (YTD December 2023 & 2022) - Entitas Induk / Parent Entity

180.000                                                                        180.000   Nabati (TAC)



150.000                                                                        150.000
          Nabati (TAC)

120.000                                                                        120.000        Harum Alam (TAC)

               Harum Alam (TAC)
                                                                                                    Sayap (TAC)
 90.000                  Kao                                                    90.000
                               Karunia (TAC)                                                              Kao
                                                                                                                Karunia (TAC)
                                     Sayap (TAC)
 60.000                                               Mayora (TAC)              60.000                                Wings (TAC)
                                           Softek                                                                          Bayer      Hisamitsu
                                                Hisamitsu  Van Melle                                                             Softek     Mayora (TAC)
 30.000                                                          Wings (TAC)    30.000

     0                                                                              0




                                                                                                                                                   35
Page 36
                   Top 10 Pelanggan / Customer - Kemasan Rokok / Cigarette Packaging
                        (YTD December 2023 & 2022) - Entitas Induk / Parent Entity

                                                                                 Pura
280.000                                                                140.000
          Pura

240.000                                                                120.000

200.000                                                                100.000

160.000                                                                 80.000
                 Putera
120.000                                                                 60.000          Nojorono
                      Nojorono                                                                Sampoerna
 80.000                     Gelora                                      40.000                     Bernard
                                 Trisakti                                                               Putera             Djarum
                                                 Bernard                                                         Pusaka
                                       Pusaka                                                                                    Trisakti
 40.000                                     Gandum
                                                      Djarum            20.000                                        Gandum             Gelora
                                                               Aroma

     0                                                                      0




                                                                                                                                                  36
Page 37
 Kinerja Keuangan Perseroan
        Proyeksi 2024 /
Company Financial Performance
       2024 projections




                                37
Page 38
Proyeksi Keuangan Konsolidasi /
Consolidated Financial Projection




                                    38
Page 39
Penjualan Neto / Net Sales 2024 Budget VS 2023 Actual
             Entitas Induk / Parent Entity

                  LL                                                         LL


                                     RO
                                                                                                    RO




   BK                                                    BK




Berdasarkan Industri Pelanggan
    / By Customer's Industry      2024 Budget    %            2023 Actual         %       Var       %
Barang konsumsi (BK) / Consumer
goods                                 651.324     54,3            585.520          55,3    65.804   11,2
Rokok (RO) / Cigarette                477.212     39,8            427.470          40,4    49.742   11,6
Lain-lain (LL) / Others                70.749      5,9             46.356           4,4    24.393   52,6
Jumlah / Total                       1.199.285   100,0           1.059.346        100,0   139.939   13,2


                                                                                                           39
Page 40
  Informasi Penting
Perseroan / Important
Company Information

                    40
Page 41
    Informasi Penting Perseroan /
    Important Company Information

   Penandatanganam Perjanjian Sewa Peralatan Panel Surya Fotovoltaik. / Signing of
    Photovoltaic Solar Panel Equipment Rental Agreement.
    Pada tanggal 8 Desember 2023, Perusahaan dan PT Centra Multi Suryanesia Aset
    (CMSA) telah menandatangani Perjanjian Sewa Peralatan Panel Surya Fotovoltaik
    dengan jangka waktu Perjanjian selama 20 (dua puluh) tahun dengan nilai kontrak
    sebesar Rp29,5 miliar. PT CMSA akan membangun, memiliki dan menyewakan Panel
    Surya Fotovoltaik termasuk semua peralatan terkaitnya (Pembangkit) dengan total
    kapasitas 1.052.825 kWp di tanah milik Perusahaan (Situs) yang berlokasi di pabrik
    Cikupa. Perjanjian Sewa ini dilakukan pula oleh Anak Perusahaan PT Dharma
    Anugerah Indah yang berlokasi di pabrik Jombang dan PT Centra Multi Suryanesia Aset
    (CMSA) dengan nilai kontrak sebesar Rp14,7 miliar dengan total kapasitas 492.775
    kWp.
    On December 8, 2023, the Company and PT Centra Multi Suryanesia Aset (CMSA)
    have signed a Photovoltaic Solar Panel Equipment Rental Agreement with a term of 20
    (twenty) years with a contract value of IDR 29.5 billion. PT CMSA will build, own and
    lease Solar Photovoltaic Panels including all related equipment (Generator) with a total
    capacity of 1,052,825 kWp on land owned by the Company (Site) located at the Cikupa
    factory. This rental agreement was also carried out by the subsidiary PT Dharma
    Anugerah Indah located at the Jombang factory and PT Centra Multi Suryanesia Aset
    (CMSA) with a contract value of IDR 14.7 billion with a total capacity of 492,775 kWp




                                                                                               41
Page 42
    Informasi Penting Perseroan /
    Important Company Information
   Penandatangan Akta Perubahan Perjanjian Kredit. / Signing of Credit Agreement
    Amendment Deed
    Pada tanggal 31 Juli 2023, Perusahaan dan PT Bank Central Asia Tbk (BCA) telah
    menandatangani Perubahan Perjanjian Kredit. Perubahan perjanjian kredit tersebut
    ditandatangani sehubungan dengan diterimanya tambahan fasilitas kredit modal kerja
    dan kredit investasi dari BCA, sehingga secara keseluruhan, masing-masing fasilitas
    tersebut menjadi sebesar Rp170 miliar dan Rp201,5 miliar. Penggunaan tambahan
    fasilitas Kredit Investasi tersebut akan digunakan dalam rangka rencana pengembangan
    usaha yaitu berupa perluasan fasilitas produksi Perusahaan dengan membangun pabrik
    baru yang berlokasi di Kawasan Industri Modern Cikande Serang Banten dan juga untuk
    memenuhi kebutuhan Modal Kerja Perusahaan.
    On July 31, 2023, the Company and PT Bank Central Asia Tbk (BCA) have signed an
    Amendment to the Credit Agreement. The amendment to the credit agreement was
    signed in connection with the receipt of additional working capital and investment credit
    facilities from BCA, so that in total, these facilities amounted to Rp. 170 billion and Rp.
    201.5 billion, respectively. The additional use of the Investment Credit facility will be
    used in the context of business development plans, namely in the form of expanding the
    Company's production facilities by building a new factory located in the Cikande Serang
    Banten Modern Industrial Area and also to meet the Company's Working Capital needs.




                                                                                                  42
Page 43
    Informasi Penting Perseroan /
    Important Company Information
   Perjanjian Sewa. / Rental Agreement
    Pada tanggal 5 Oktober 2022, Perusahaan Induk dan PT Suprima Gravure Indonesia
    (“SGI”), pihak berelasi mengadakan perjanjian sewa menyewa aset berupa tanah,
    bangunan, mesin dan peralatan yang berlokasi di Kawasan Industri Modern Cikande,
    Serang, Banten selama jangka waktu 5 tahun sampai dengan tanggal 4 Oktober 2027.
    Dengan adanya perjanjian ini, Perusahaan Induk akan mendapatkan pendapatan rutin
    atas penyewaan properti investasi tersebut.
    On October 5, 2022, the Parent Company and PT Suprima Gravure Indonesia (“SGI”), a
    related party entered into an asset rental agreement in the form of land, buildings,
    machinery and equipment located in the Cikande Modern Industrial Area, Serang,
    Banten for a period of 5 years until October 4, 2027. With this agreement, the Parent
    Company will receive regular income from renting the investment property.


   Perpindahan Fasilitas Produksi Anak Perusahaan./ Transfer of Subsidiary Production
    Facilities
    Fasilitas Produksi Anak Perusahaan DAI telah dipindahkan ke lokasi pabrik perluasan
    baru di Jombang, dan proses pemindahan tersebut telah selesai dilakukan pada akhir
    tahun 2022.
    DAI Subsidiary Production Facilities have been moved to the new expansion factory
    location in Jombang, and the relocation process has been completed at the end of 2022.



                                                                                             43
Page 44
Terima Kasih /
  Thank You

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Names mentioned 14 people and organisations named in the text · linked when the evidence is strong

linked org Tunas Alfin Tbk p.1 ×8
linked org Dharma Anugerah p.5 ×8
linked person Samuel Sofyan Tika p.15 ×5
linked org Bank Central Asia Tbk p.42 ×5
possible org PT Proinvestindo p.5 ×7
possible org UOB Kay Hian Pte. Ltd. p.16 ×3
unresolved person Akta Notaris Charles Hermawan p.4 ×2
unresolved org Menteri Hukum dan Hak Asasi Manusia Republik Indonesia p.4
unresolved org Minister of Law and Human Rights p.4
unresolved org PT Dharma Anugerah Indah p.5 ×8
unresolved org PT Suprima Gravure Indonesia p.8 ×6
unresolved — Singapore p.16
unresolved org PT Centra Multi Suryanesia Aset p.41 ×4
unresolved org PT CMSA p.41 ×2

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