Skip to content
Back to announcement

AnnualReport2025-BKSW-att3.pdf

Other Text extracted BKSW

Source file signed link, expires in 15 minutes

This browser can't display the PDF inline. Open it in a new tab.

Extracted text 219

Page 1
     1       1                                                                                                                                                                                                                                                                2      2
                    Financial
                       KeyHighlights
                 Key2025   Financial
                              Hihglights
                                     Hihglights   Reports
                                                        Reports
                                                          to Stakeholders
                                                                 to Stakeholders   Company
                                                                                        Company
                                                                                           Profile Profile                                                          Management
                                                                                                                                                                         Management
                                                                                                                                                                               Discussion
                                                                                                                                                                                     Discussion
                                                                                                                                                                                          and Analysis
                                                                                                                                                                                                and Analysis   Corporate
                                                                                                                                                                                                                     Corporate
                                                                                                                                                                                                                         Governance
                                                                                                                                                                                                                               Governance
                                                                                                                                                                                                                                    (GCG) (GCG)   Sustainability
                                                                                                                                                                                                                                                         Sustainability




                                                                                                             QNB Indonesia Annual Report 2025
                                                                                                                                                                    Capitalising on our core
                                                                                                                                                                    for sustainable performance
                                                                                                                                                                    Annual Report 2025




                                                                                                             Capitalising on our core for sustainable performance




Revenue Tower, 8th Floor
District 8, SCBD Lot 13
Jl. Jenderal Sudirman
Kav. 52–53, Jakarta 12190
Telephone : (+62 21) 515 5155
Fax          : (+62 21) 515 5388




                                                                                                                                                                                                                                             PT Bank QNB Indonesia Tbk Annual Report 2025
Page 2
  ii                                                                                                                                                                                                                                                                     1
             Key2025
                Financial
                     Highlights
                          Hihglights                 Reports to Stakeholders                      Company Profile                    Management Discussion and Analysis                  Corporate Governance (GCG)                      Sustainability




About the 2025 Annual Report                                                                                                    Table of contents
Welcome to the 2025 Annual Report of PT Bank QNB Indonesia Tbk, themed “Capitalising on our Core for Sustainable                ii   About The 2025 Annual Report             103   Key Financial Ratios                         193   Internal Audit
Performance.” The principal objective of preparing this Annual Report is to increase the Company’s information                  ii   Disclaimer and Limitation of Liability   104   Prime Lending Rate                           198   Internal Control System
transparency to all stakeholders. This Annual Report for the financial year ended 31 December 2025 has been prepared            ii   Notice of Table and Graph                105                                                      Commitment to the Implementation
                                                                                                                                                                                    Quality of Earning Assets
to reflect the Company’s condition throughout 2025, with due reference to the provisions stipulated under the Financial                                                                                                                of Internal Control Over Financial
                                                                                                                                1    Table of Contents                        106   Commitments and Business
Services Authority Regulation (“POJK”) No. 29/POJK.04/2016 on Annual Reports of Issuers or Public Companies;                                                                                                                           Reporting (ICOFR)
                                                                                                                                2    Theme Continuity                               Contingencies
Financial Services Authority Circular No. 16/SEOJK.04/2021 on the Form and Content of Annual Reports of Issuers or                                                            106                                                201   Compliance Function
                                                                                                                                                                                    Debt Service Ability and Receivables
Public Companies; and Financial Services Authority Circular No. 9/SEOJK.03/2020 on Transparency and Publication of              3    2025 Key Achievements
                                                                                                                                                                                    Collectibility Level                         206   Anti-Money Laundering (AML)
Reports of Conventional Commercial Banks.                                                                                                                                     107   Capital Structure and Management             207   Anti-Fraud Management and
                                                                                                                                2025 Highlights                                     Policy on Capital Structure                        Investigation
The 2025 Annual Report serves as a comprehensive source of documentation containing information on the Bank’s                   6    Financial Highlights                     108   Material Commitments for                     208   Information Technology Governance
performance over the year. The information presents a complete record outlining the Bank’s business profile; operational,                                                           Investments in Capital Goods
                                                                                                                                12   Share Highlights                                                                            209   Code of Ethics And Corporate
marketing, and financial performance; and information on duties, roles and structural functions within the Company’s                                                          109   Realisation of Investments in Capital
                                                                                                                                14   Corporate Actions                                                                                 Culture
organisation, which applies best practice standards and principles of good corporate governance.                                                                                    Goods
                                                                                                                                                                                                                                 210   Whistleblowing System
                                                                                                                                14   Information on Bonds, Sukuk,             109   Material Information and Facts
In compliance with the applicable regulations, the 2025 Annual Report is presented in two languages, namely Bahasa                   Convertible Bonds, and/or other                Occurring After the Accountant's             211   Anti-Bribery and Corruption Policy

Indonesia and English, in separate volumes, using clear and legible typography and printed to a high-quality standard.               forms of Securities                            Report                                       212   Information Disclosure and Access
The Annual Report of QNB Indonesia is available for viewing and download on the Company’s official                              15   Accolades and Certifications             110   Comparasion of Targets and                         to Bank’s Information
website at www.qnb.co.id.                                                                                                       16   Significant Events                             Realisations in 2025                         212   Litigations
                                                                                                                                                                              111   One Year Forward Projections                 213   Administrative Sanctions

                                                                                                                                Reports to Stakeholders                       113   Business Prospects                           213   Policy on Providing Long-Term
                                                                                                                                20   Board of Commissioners' Report           114   Marketing Aspect                                   Performance-Based Compensation
                                                                                                                                                                                                                                       To Management and/or Employees


Disclaimer and limitation of liability
                                                                                                                                22   Board of Directors’ Report               115   Dividend Policy and Distribution
                                                                                                                                                                                                                                 213   Policy on Disclosing Information on
                                                                                                                                26   Statement of Responsibility              115   Taxation Aspect                                    Share Ownership of Members of
                                                                                                                                     of Members of the Board of               116   Actual Use Public Offering Proceeds                The Board of Directors And Board of
                                                                                                                                     Commissioners and Board of                                                                        Commissioners
                                                                                                                                                                              116   Employee and/or Management
                                                                                                                                     Directors for the 2025 Annual                                                               214   Transparency on Financial And Non-
This Annual Report contains statements about the Bank’s financial condition, operational results, projections, plans,                Report
                                                                                                                                                                                    Stock Ownership Programme
                                                                                                                                                                                    (ESOP/MSOP)                                        Financial Performance
strategies, policies, and objectives, which are classified as forward-looking statements under applicable laws and
                                                                                                                                                                              117   Material Transaction Information for         214   Policy on Transactions With Conflict
regulations, except for historical matters. These statements are subject to risks and uncertainties and could cause actual      Company Profile                                     Investment, Expansion, Divestment,                 of Interest
developments to differ materially from those reported. The forward-looking statements in this annual report are based
                                                                                                                                30   Identity and General Information               Business Merger/Consolidation,               215   Implementation of OJK’s Corporate
on various assumptions regarding the Bank’s current and future conditions and the business environment in which                      of the Bank                                    Acquisition, and Debt/Capital                      Governance Guidelines for Public
it operates.                                                                                                                    32   Milestones                                                                                        Companies
                                                                                                                                                                                    Restructuring
                                                                                                                                34   Vision, Mission, and Values              118   Transactions with Affiliated Parties         217   Risk Management
This Annual Report contains the terms “the Bank,” “the Company,” and “Perseroan” (Company), which are defined by
                                                                                                                                36   Line of Business                         120   Amendments to Regulations                    224   Statement of the Board of Directors
PT Bank QNB Indonesia Tbk, which operates in the banking sector. References to the currency units “Rupiah,” “Rp,” or
                                                                                                                                                                                    Affecting the Company                              and/or Board of Commissioners or
“IDR” refer to the official currency of the Republic of Indonesia, while “US Dollar” or “USD” refers to the official currency   37   Products and Services
                                                                                                                                                                              124   Changes in Accounting Policies and                 Audit Committee on the Adequacy
of the United States of America. All financial information is presented in Rupiah in accordance with Indonesian Financial       43   Branch Offices                                                                                    of the Risk Management System
                                                                                                                                                                                    Their Impact on the Company
Accounting Standards.                                                                                                           44   Organisation Structure
                                                                                                                                47   Board of Directors Profiles              GCG                                                Sustainability
                                                                                                                                52   Board of Commissioners Profiles          128   GCG Foundations and Policy                   256   Sustainability Performance
                                                                                                                                                                                                                                       Highlights
                                                                                                                                57   Executive Management Profiles            129   GCG Implementation Objectives


Notice of table and graph
                                                                                                                                                                                                                                 257   Sustainability Strategy
                                                                                                                                64   Human Resources                          130   GCG Principles
                                                                                                                                                                                                                                 263   Sustainability Governance
                                                                                                                                78   Shareholders                             131   GCG Roadmap
                                                                                                                                                                                                                                 266   Sustainable Finance
                                                                                                                                80   Shares & Other Securities Listing        132   GCG Mechanism
                                                                                                                                                                                                                                 270   Beyond Banking
                                                                                                                                     Chronology
                                                                                                                                                                              133   GCG Programmes in 2025
The tables and graphs in this Annual Report present numerical data using standard Indonesian language writing.                  81   Public Accountant and Public                                                                273   Sustainable Operations
Numerical presentations in the text use standard Indonesian and English language rules, as appropriate.                                                                       134   GCG Assessment
                                                                                                                                     Accounting Firm                                                                             281   About the Sustainability Report
                                                                                                                                82   Capital Market Supporting                135   GCG Structure
                                                                                                                                                                                                                                 280   Feedback Form
                                                                                                                                     Institutions and Professions             139   Board of Commissioners
                                                                                                                                                                                                                                 281   List of Disclosure Based on
                                                                                                                                83   Membership in Associations               145   Board of Directors                                 POJK No.51/Pojk.03/2017
                                                                                                                                                                              153   Nomination and Remuneration of
                                                                                                                                MDNA                                                the Board of Commissioners and
                                                                                                                                86                                                  Board of Directors
                                                                                                                                     General Review
                                                                                                                                                                              155   Board of Commissioners
                                                                                                                                91   Operational Review
                                                                                                                                                                                    Committees
                                                                                                                                92   Operational Review by Segment            165   Board of Directors Committee
                                                                                                                                95   Financial Review                         192   Corporate Secretary




                                                                                                                                                                                                                            PT Bank QNB Indonesia Tbk Annual Report 2025
Page 3
                                                                          2                                                                                                                                                                                                                            3
                                                                                                   2025 Highlights           Reports to Stakeholders                      Company Profile     Management Discussion and Analysis       Corporate Governance (GCG)           Sustainability




                                                                          Theme continuity                                                                                                  2025 Key achievements
                                                                                                                      2022
                                                                                                                      Driving growth for a sustainable future
                                                                                                                                                                                            Financial performance
                                                                                                                      Throughout the COVID-19 pandemic, QNB Indonesia had
                                                                                               Driving growth for a   grappled with significant challenges resulting from the
                                                                                               sustainable future
                                                                                               Annual Report 2022     restrictions and the ensuing economic downturn. Yet the Bank
                                                                                                                      successfully navigated through the turbulence. In the process,
                                                                                                                      it has strengthened asset quality and laid a solid foundation
                                                                                                                      for future expansion. The Bank has been able to capture
                                                                                                                      growth opportunities and improve its financial footing thanks
                                                                                                                      to robust governance, effective risk management, and its
                                                                                                                      shareholders’ staunch support for longterm financial stability.
                                                                                                                      Having weathered the severe headwinds of the recent times,
                                                                                                                      the Bank is now poised to pursue sustainable growth forward.
                                                                                                                      QNB Indonesia aspires to drive its progress along a prudent and
                                                                                                                      responsible pathway, while simultaneously creating meaningful               Interest Income                      Total Assets                  Income from Operation
                                                                                                                      value for the shareholders, customers, employees, and the
                                                                                                                      community at large.                                                    IDR678.79 billion                     IDR13.20 trillion                IDR68.34 billion
                                                                                                                                                                                                                                         2.73%
                                                                                                                      2023                                                                                                   from the achievements of 2024
                                                                                                                      Thriving together towards excellence
QNB Annual Report 2023 Thriving together towards excellence




                                                                                                                      In 2023, QNB Indonesia’s strategic resilience, financial
                                                                                               Thriving together      discipline, and commitment to excellence was made manifest in
                                                                                               towards excellence
                                                                                               Annual Report 2023     the Bank’s more stringent risk management, enhanced level of
                                                                                                                      customer service, and a positive net profit that heralded a new
                                                                                                                      era of strong and sustainable financial results going forward.
                                                                                                                      These achievements, underscored by equally significant
                                                                                                                      progress in digital innovation, sustainability, and corporate
                                                                                                                                                                                            Operational performance
                                                                                                                      governance, reflect a united effort of the Bank to shore up
                                                                                                                      collective action, with various relevant parties, to thrive towards
                                                                                                                      excellence. This 2023 Annual Report theme is highlighting
                                                                                                                      the Bank’s collaborative success, adaptability, and foresight
                                                                                                                      in navigating challenges and setting a foundation for lasting
                                                                                                                      growth and prosperity.




                                                                                                                      2024
                                                                                                                      Celebrating 60 years of growth and excellence,
QNB Annual Report 2024




                                                                                                                      inspiring the road ahead
                                                                          Celebrating 60 years of growth and                                                                                   GCG self-assessment             Human resource development                       Award
Celebrating 60 years of growth and excellence, inspiring the road ahead




                                                                          excellence, inspiring the road ahead

                                                                                                                                                                                                                                                                         3 national
                                                                                                                      QNB Indonesia celebrates QNB Group’s legacy of 60 years
                                                                          Annual Report 2024
                                                                                                                                                                                                Level 2 rating with                  Funds Realised
                                                                                                                      of growth and excellence by enacting relentless innovation to
                                                                                                                                                                                                  the predicate.
                                                                                                                      leverage opportunities and tackle challenges in Indonesia’s                                                  IDR6.34 billion                    1 international
                                                                                                                      burgeoning financial markets. With a sustainable growth
                                                                                                                      mindset, the Bank leverages global expertise to deliver
                                                                                                                                                                                                     ‘Good’                          214 activities
                                                                                                                      strategic initiatives tailored to local needs. Nurturing                                                Average of 42.5 hours per year
                                                                                                                      partnerships, enhancing financial literacy, and driving inclusive
                                                                                                                      development are key for QNB Indonesia to create lasting value
                                                                                                                      for all stakeholders. Thus the Bank embraces continuous
                                                                                                                      improvement and pursues excellence to honour its parent
                                                                                                                      company’s proud heritage. In the footsteps of QNB Group,
                                                                                                                      QNB Indonesia positions itself as a trusted partner that inspires
                                                                                                                      Indonesia in its economic journey towards a golden future.




                                                                                                                                                                                                                                                               PT Bank QNB Indonesia Tbk Annual Report 2025
Page 4
1
    2025
    Highlights
Page 5
 6                                                                                                                                                                                                                                                                                                            7
                   2025 Highlights                 Reports to Stakeholders                   Company Profile                         Management Discussion and Analysis                                        Corporate Governance (GCG)                                   Sustainability




Financial highlights
Statement of financial position
                                                                                                                                                                                                                                                                                                    YoY
                                                                                                           (in million Rupiah)
                                                                                                                                                   Description                                2025                2024                   2023                2022               2021             2024-2025
                                                                                                                                                                                                                                                                                                    (%)
                                                                                                                 YoY
              Description              2025           2024          2023          2022          2021          2024-2025          Obligation for Employment Benefits                            60,942               75,739                  67,187            68,066                81,610            -19.54%
                                                                                                                 (%)
                                                                                                                                 Accruals and Other Liabilities                                182,320            239,383                254,370             333,222            446,233              -23.84%
Assets
                                                                                                                                 Total Liabilities                                           8,494,872           8,104,161            7,062,036            12,063,668        13,674,979                 4.82%
Cash                                    28,522          36,917       24,445        33,354        36,785           -22.74%
                                                                                                                                 Equity
Current Accounts with Bank
                                       364,492         410,213     543,920         919,797       472,517            -11.15%
Indonesia                                                                                                                        Share Capital - Par Value of
                                                                                                                                 Rp250 (Whole Rupiah) per
Current Accounts with Other Banks                                                                                                Share Authorised Capital
                                         17,503          38,811     184,089        148,347      275,568           -54.90%        40,000,000,000 Shares as of
- Net                                                                                                                                                                                        8,789,512          8,789,512              8,789,512             5,109,171         5,109,171               0.00%
                                                                                                                                 31 December 2025 and 2024
Placements with Bank Indonesia                                                                                                   Issued and Fully Paid Capital
                                      1,241,384      1,336,301    1,092,008      1,032,898     1,979,562            -7.10%       35,158,048,365 Shares as of 31
and Other Banks
                                                                                                                                 December 2025 and 2024
Derivative Receivables                     590           3,269             11         108          1,307          -81.95%
                                                                                                                                 Additional Paid-in Capital                                   (33,588)           (33,588)               (33,588)             (30,150)           (30,150)               0.00%
Acceptance Receivables - Net             87,678              0             0      188,295         6,775          100.00%
                                                                                                                                 Advanced Capital                                                3,652               3,652                   3,652          3,683,926         2,683,926                0.00%
Securities Purchased under
                                         10,872              0    2,977,202      3,072,222    2,350,769          100.00%         Fair Value Reserve - Net                                        8,997                   (201)                 (61)            28,183               8,605          4,576.12%
Agreement to Resell

Loans - Net                          9,403,227       7,965,727    5,449,285      9,256,123     9,615,446           18.05%        Retained Earnings (Deficit):

Securities - Net                       1,481,150     2,160,025      389,952        513,987      953,854            -31.43%          Appropriated                                                 7,396               7,396                  6,396               6,396               6,396              0.00%

Prepayments                             60,599          43,198       33,035        22,687        30,462            40.28%           Unappropriated                                      (4,066,625)           (4,018,059)            (4,074,462)           (4,144,107)       (3,751,400)                -1.21%

Deferred Tax Assets - Net                147,431       249,124      280,354       272,500      280,285            -40.82%        Total Equity                                                4,709,344          4,748,712             4,691,449             4,653,419        4,026,548                -0.83%

Fixed Assets and Right-of-Use                                                                                                    Total Liabilities and Equity                            13,204,216           12,852,873              11,753,485            16,717,087        17,701,527                2.73%
                                         171,251       203,187       212,916      275,398       321,226            -15.72%
Assets

Intangible Assets                        50,871        60,549        59,892         57,148       52,779           -15.98%

Foreclosed Assets - Net                       0       236,041       250,416       665,046      1,001,757        -100.00%

Other Assets - Net                      138,646         109,511    255,960         259,177      322,435            26.60%        Chart of financial highlights

Total Assets                         13,204,216     12,852,873    11,753,485    16,717,087    17,701,527            2.73%          Total assets                                                   Total equity                                                  Total liabilities
                                                                                                                                   (In million Rupiah)                                            (In million Rupiah)                                           (In million Rupiah)
Liabilities

Liabilities Payable on Demand            13,349         21,022       12,555        24,028         16,247          -36.50%         17,701,527                                                                                         4,748,712 4,709,344       13,674,979
                                                                                                                                               16,717,087                                                                4,691,449
                                                                                                                                                                                                             4,653,419

Deposits from Customers               8,138,008       7,341,878   6,339,203     10,604,624    12,015,196           10.84%                                                       13,204,216
                                                                                                                                                                                                 4,026,548
                                                                                                                                                                                                                                                                         12,063,668

                                                                                                                                                                      12,852,873
                                                                                                                                                            11,753,485
Deposits from Other Banks                 3,351        322,491         1,832         7,302         7,771          -98.96%
                                                                                                                                                                                                                                                                                                8,104,161 8,494,872
Acceptance Payables                      87,889              0             0       26,336         6,778          100.00%                                                                                                                                                            7,062,036


Derivative Payables                       9,013          7,775         1,838           90          1,256           15.92%

Securities Sold under Repurchase
                                              0         95,873      385,051              0             0        -100.00%
Agreements

Borrowings                                    0              0             0    1,000,000     1,000,000             0.00%

Marketable Securities Issued                  0              0             0             0       99,888             0.00%           2021         2022        2023      2024      2025              2021       2022        2023        2024      2025              2021       2022     2023      2024      2025



                                                                                                                                                                                                                                                           PT Bank QNB Indonesia Tbk Annual Report 2025
Page 6
 8                                                                                                                                                                                                                                                                     9
                  2025 Highlights                Reports to Stakeholders                  Company Profile                         Management Discussion and Analysis                          Corporate Governance (GCG)               Sustainability




Statement of profit or loss and other comprehensive income
                                                                                                        (in million Rupiah)


                                                                                                            YoY 2024-                                                                                                                                      YoY 2024-
          Description                2025         2024         2023          2022          2021                                              Description               2025                   2024       2023            2022           2021
                                                                                                             2025 (%)                                                                                                                                       2025 (%)

Operating Income and Expenses                                                                                                 Profit/(Loss) for the Year               (48,323)               55,638      69,249       (400,732)      (1,578,777)            -186.85%

Interest Income                       678,787     734,563       944,701      863,896         871,120              -7.59%      Other Comprehensive Income

Interest Expense                    (331,823)    (283,644)    (420,826)     (431,896)     (533,643)              -16.99%      Items that Would Be Reclassified
                                                                                                                              to Profit or Loss:
Net Interest Income                  346,964      450,919      523,875      432,000         337,477             -23.05%
                                                                                                                                 Fair Value Changes of
Other Operating Income                                                                                                           Securities Measured at
                                                                                                                                                                          11,792                (179)    (36,210)         25,100        (12,446)            6,670.00%
                                                                                                                                 Fair Value Through Other
Fees and Commission - Net             39,900        31,562      63,006         68,127        56,006              26.42%          Comprehensive Income

Trading (Loss)/Income - Net            3,300         (319)       19,895        21,034         14,936           1,134.48%         Income Tax related to Items
                                                                                                                                 that Would Be Reclassified to          (2,594)                   39       7,966          (5,522)             2,269        -6,670.00%
Others                                 42,411       61,983      161,469      180,294         146,977             -31.58%         Profit or Loss

Total Other Operating Income           85,611      93,226      244,370       269,455         217,919              -8.17%      Items that Would Not Be
                                                                                                                              Reclassified to Profit or Loss:
Other Operating Expenses
                                                                                                                                 Remeasurements of
Personnel Expenses                   (291,121)   (265,369)    (289,816)     (280,414)       (311,973)             -9.70%         Obligation for Post-                       (312)              2,262        508            10,288             4,537           -113.77%
                                                                                                                                 Employment Benefits
General and Administrative
                                     (148,116)   (200,832)     (229,711)    (202,517)       (187,521)            26.25%          Income Tax related to
Expenses
                                                                                                                                 Items that Would Not Be                       69               (497)       (112)         (2,263)          (1,477)            113.88%
Reversal of/(Provision for)                                                                                                      Reclassified to Profit or Loss
Impairment Losses on Financial         79,246       19,021    (136,468)     (613,732)     (1,531,916)            316.62%
Assets                                                                                                                        Other Comprehensive Income
                                                                                                                                                                          8,955                 1,625    (27,848)          27,603             (7,117)         451.08%
                                                                                                                              (Loss) Net of Tax
Others                                (4,243)     (10,560)      (4,875)       (5,524)         (7,981)            59.82%
                                                                                                                              Total Comprehensive Income
                                                                                                                                                                      (39,368)                57,263      41,401       (373,129)     (1,585,894)             -168.75%
Total Other Operating Expenses      (364,234)    (457,740)    (700,538)    (1,102,187)   (2,039,391)             20.43%       (Loss) for the Year

Non-operating Income

Non-operating Income                     9,171           90       3,827             0              0         10,089.67%       Chart of profit/loss highlights

Non-operating Expenses               (26,667)         (85)      (2,285)             0              0         -31,273.90%        Interest income                                                           Other operating income
                                                                                                                                (In million Rupiah)                                                       (In million Rupiah)
Total Non-operating Income -
                                     (17,496)             5       1,542             0              0      -350,025.38%
Net
                                                                                                                                                           944,701                                                       269,455
Profit/(Loss) Before Income Tax
                                      50,845        86,410      69,249     (400,732)     (1,483,995)              -41.16%          871,120      863,896                                                                             244,370
Expense
                                                                                                                                                                                                             217,919
                                                                                                                                                                     734,563
Income Tax Expense                   (99,168)     (30,772)            0             0       (94,782)           -222.27%                                                             678,787


Profit/(Loss) for the Year           (48,323)      55,638       69,249     (400,732)     (1,578,777)           -186.85%


                                                                                                                                                                                                                                                  93,226
                                                                                                                                                                                                                                                              85,611




                                                                                                                                   2021          2022      2023      2024           2025                     2021         2022      2023           2024      2025




                                                                                                                                                                                                                          PT Bank QNB Indonesia Tbk Annual Report 2025
Page 7
 10                                                                                                                                                                                                                                                                     11
                    2025 Highlights                    Reports to Stakeholders                            Company Profile                            Management Discussion and Analysis             Corporate Governance (GCG)                Sustainability




  Profit/(Loss) for the year                                          Comprehensive income for the year                                                           Description                       2025        2024         2023                  2022        2021
  (In million Rupiah)                                                 (In million Rupiah)

                              69,249   55,638                                                          41.401     57.263
                                                                                                                                             Liquidity
                                                -48,323                                                                    -39.368

                                                                                                                                             Liquidity Coverage Ratio (LCR)                          119.95       174.70         465.30            400.00       223.18
                   -400,732                                                          -373.129
                                                                                                                                             Net Stable Funding Ratio (NSFR)                         140.40       154.36         190.59             146.25       134.76

                                                                                                                                             Macroprudential Intermediation Ratio (MIR)              120.23        115.16          93.94              91.11      80.95

                                                                                                                                             Compliance

                                                                                                                                             Percentage of Legal Lending Limit Breach

      -1,578,777                                                       -1,585.894                                                               Related Parties                                       0.00         0.00             0.00             0.00         0.00

                                                                                                                                                Non-Related Parties                                   0.00         0.00             0.00             0.00         0.00
        2021        2022       2023    2024     2025                     2021         2022             2023        2024     2025
                                                                                                                                             Daily Minimum Reserve Requirement (Rupiah)                5.06         7.74            10.08            9.30             3.43

                                                                                                                                             Average Minimum Reserve Requirement (Rupiah)              9.46         8.39             8.84             9.01        3.50

Financial ratios and other important ratios                                                                                                  Minimum Reserve Requirement (Foreign
                                                                                                                                   (in %)                                                              4.04         4.19             4.01            4.05         4.08
                                                                                                                                             Currency)

                        Description                       2025        2024              2023                    2022        2021             Net Open Position (NOP)                                  0.09          0.19            0.04              0.15        0.25


Capital
                                                                                                                                            Chart of important ratios
                                                                                                                                            (in %)
Capital Adequacy Ratio (CAR)                               52.22         56.15              62.23                38.59         29.92
                                                                                                                                               Net NPL                            0.71                          ROA
Productive Assets                                                                                                                                                                         0.66

                                                                                                                                                                                                                                            0.48       0.74    0.42
Productive Assets & Non-Productive Assets
(Non-performing Assets) to Total Productive                  1.36         3.09               2.38                 4.32          6.03
Assets & Non-Productive Assets
                                                                                                                                                                                                                            -2.42

Non-performing Productive Assets to Total
                                                             1.36          1.55                 0.37              0.29          0.05
Productive Assets

Allowance for Impairment Losses to Productive
                                                             2.36         3.30                  4.15              3.26          2.36
Assets                                                                                                                                                                   0.09
                                                                                                                                                               0.08
                                                                                                                                                      0.04
Non-performing Loans (NPL) Gross                             2.24          2.71                 0.77              0.38          0.08                                                                               -8.5


Non-performing Loans (NPL) Net                              0.66           0.71              0.09                 0.08          0.04                 2021     2022       2023    2024     2025                     2021     2022            2023      2024     2025


Profitability

Return on Assets (ROA)                                      0.42          0.74               0.48                (2.42)       (8.50)           ROE                                                              NIM                                   4.09
                                                                                                                                                                                                                                            3.83
                                                                                                                                                                          1.65    1.31      -1.11
Return on Equity (ROE                                        -1.11         1.31                 1.65             (11.74)      (54.71)
                                                                                                                                                                                                                            3.19
                                                                                                                                                                                                                                                               2.92
Net Interest Margin (NIM)                                   2.92          4.09                  3.83               3.19         2.34                           -11.74
                                                                                                                                                                                                                   2.34
Liability to Equity Ratio                                  180.38       170.66              150.53              259.24       339.62

Liability to Asset Ratio                                   64.33        63.05               60.08                 72.16        77.25



                                                                                                                                                     -54.71


                                                                                                                                                     2021     2022       2023    2024     2025                     2021     2022            2023      2024     2025



                                                                                                                                                                                                                            PT Bank QNB Indonesia Tbk Annual Report 2025
Page 8
 12                                                                                                                                                                                                                                                    13
                  2025 Highlights                       Reports to Stakeholders                   Company Profile                  Management Discussion and Analysis               Corporate Governance (GCG)               Sustainability




Share highlights                                                                                                              Chart of stock transaction volume trends for 2024–2025
                                                                                                                              (in Thousands shares)
                                                                                                                                                                                                        727,487
                        Opening                                                         Transaction        Number of Shares
       Period                       Highest Price       Lowest Price    Closing Price
                         Price                                                            Volume               Issued
                                                                                                                                                                                                                                        602,969
2024
                                                                                                                                                                                                                                                  541,225

1st Quarter                   81             83                    52             52           82,478        35,158,048,365

2nd Quarter                   52             68                    50             54           23,564        35,158,048,365                                                                   362,548              361,218

3rd Quarter                   54             63                    54             61           14,060        35,158,048,365

4th Quarter                   61            104                    59             71        1,208,103        35,158,048,365        232,449
                                                                                                                                               191,980                                                                        185,605
2025

1st Quarter                   71              78                   50             52           448,291       35,158,048,365                                                81,675
                                                                                                                                                                  62,008
2nd Quarter                   52             70                    50             58           174,302       35,158,048,365
                                                                                                                                                         23,862                      30,619

3rd Quarter                   58              81                   58             67        1,451,253        35,158,048,365

4th Quarter                   67              79                   59             64        1,329,799        35,158,048,365
                                                                                                                                     Jan        Feb       Mar      Apr     May        Jun       Jul      Aug        Sep        Oct       Nov        Dec


                                                                                                                                                                                                                                                  602,779


Graph of stock price movement for 2024-2025

                                                                                                                                                                                                                                        432,332




 100
                                                                                                      89
                                                                                                               86
                                                                                                                                                                                                                             172,992
           77
                   73                                                                                                   71
      75                                                                          69      67
                                      62                                63
                                                   60         58                                                                    39,707               29,003
                                                                                                                                                13,768                               11,864
           65                52                                                                       64       65       64
                                                                                                                                                                  8,680    3,019              6,443      3,352     4,264
                                      61                                63        61      61
  50                                               58
                   52        52                               54
                                                                                                                                     Jan        Feb       Mar      Apr     May        Jun       Jul      Aug        Sep        Oct       Nov        Dec


  25
                                                                                                                              Transaction volume


                                                                                                                                     2024
      0
                                                                                                                                     2025

           Jan    Feb       Mar      Apr       May           Jun        Jul       Aug    Sep       Oct        Nov      Dec
                                                                                                                              Information on suspension and/or delisting of stocks
                                                                                                                              Until 31 December 2025, QNB Indonesia had never been subject to sanctions that could affect its stock trading activities
Stock price movement
                                                                                                                              on the Stock Exchange where the Bank lists its shares and trades shares, neither subject to suspension and/or delisting
           2024                                                                                                               of shares. Therefore, there is no information regarding the impact of suspension and/or delisting of shares that can be
                                                                                                                              presented in this Annual Report.
           2025

                                                                                                                                                                                                               PT Bank QNB Indonesia Tbk Annual Report 2025
Page 9
 14                                                                                                                                                                                                                               15
                2025 Highlights                     Reports to Stakeholders                     Company Profile      Management Discussion and Analysis           Corporate Governance (GCG)           Sustainability




Corporate actions                                                                                                 Accolades and certifications
Throughout 2025, the Bank did not conduct any corporate actions that might have resulted in any                   Accolades awarded in 2025
changes in the stock, such as stock split, reverse stock, bonus shares, or changes in the nominal
value of shares. Therefore, no information regarding the dates of corporate actions stock split ratio,
reverse stock, stock dividend, bonus shares, the number of convertible securities issued, changes
                                                                                                                  National
in the nominal value of shares, the number of outstanding shares before and after every corporate
action, the number of convertible securities exercised, and the share price before and after the
corporate action can be presented in this Annual Report.




Information on bonds, sukuk, convertible
bonds, and/or other forms of securities
Until 31 December 2025, the Bank did not issue bonds, sukuk, and/or convertible bonds.
Therefore, this Annual Report does not contain information regarding outstanding bonds, sukuk, or
convertible bonds.                                                                                                  Name of accolade                      Name of accolade                        Name of accolade
                                                                                                                           “Best companies to work              500 most outstanding                    Top young CEO 2025
                                                                                                                             for in Asia 2025”,                  women 2025
                                                                                                                           “Most caring company          Awarded by                              Awarded by
                                                                                                                             2025”, and
                                                                                                                                                                 Infobank                                Infobank
                                                                                                                           “Diversity, Equity &
                                                                                                                             Inclusion Company
                                                                                                                             2025”.                       Date                                    Date
                                                                                                                                                                 5 July 2025                             4 November 2025
                                                                                                                    Awarded by
                                                                                                                           HR Asia Awards 2025

                                                                                                                    Date
                                                                                                                           23 June 2025




                                                                                                                  International


                                                                                                                    Name of accolade

                                                                                                                           Runner up category 1 - risk
                                                                                                                           champion

                                                                                                                    Awarded by

                                                                                                                           ASEAN Risk Awards 2025



                                                                                                                    Date

                                                                                                                           4 July 2025




                                                                                                                                                                                          PT Bank QNB Indonesia Tbk Annual Report 2025
Page 10
    16                                                                                                                                                                                                                                                            17
                   2025 Highlights                   Reports to Stakeholders                 Company Profile                          Management Discussion and Analysis               Corporate Governance (GCG)                  Sustainability




Significant events




January                                     February                                 March                                       July                                       August                                         September
•    Book donation handover to Jakarta      •   Signing with PT El Sewedy            •   CSR financial literacy to Sekolah       •   CSR financial literacy to Kampung      •   QNB Blue Pledge campaign.                  •   World Health Day Health Talk: Let’s
     Bookhive (more than 120 books              Indonesia.                               Bingkai Jalanan.                            Melayu orphanage with QNB First                                                           Talk about our Heart with Yayasan
                                                                                                                                                                            •   QNB Juang 2025 sports
     donated from the employees).                                                                                                    customer’s children.                                                                      Jantung Indonesia.
                                            •   Signing with PT Integra.             •   Signing extended revolving credit                                                      tournament.
•    First Wealth Forum.                                                                 facility with PT Indosat Tbk.           •   Participating in syndication for PT                                                   •   Signing revolving credit facility with
                                                                                                                                                                            •   Health Talk: Healthy Lifestyle.
                                                                                                                                     FKS Food and Agri.                                                                        PT Mitra Adiperkasa Tbk.
                                                                                     •   Signing additional term loan facility
                                                                                                                                                                            •   QNB Juang 2025 blood donation.
                                                                                         with PT Buana Finance Tbk.              •   Signing with PT Pindo Deli Pulp &                                                     •   Participating in syndication for PT
                                                                                                                                     Paper Mills.                           •   Participating in syndication for PT            OKI Pulp & Paper Mills (APP Group).
                                                                                                                                                                                Polytama Propindo.
                                                                                                                                 •   Signing with PT Gihon
                                                                                                                                     Telekomunikasi Indonesia Tbk for       •   Signing with Tower Bersama Group.
                                                                                                                                     additional term loan facility.
                                                                                                                                 •   QNB Indonesia achieved awards at
                                                                                                                                     ASEAN Risk Awards 2025.
                                                                                                                                 •   QNB Indonesia achieve award at
                                                                                                                                     500 Most Outstanding Women
                                                                                                                                     2025 by Infobank magazine.




April                                       May                                      June                                        October                                    November                                       December
•    The Ruby Women’s Club Kartini          •   Long Service Awards 2025.            •   QNB Indonesia achieved awards at        •   Breast cancer awareness activities     •   QNB Indonesia achieved awards at           •   Signing bilateral financing facility
     Day celebration.                                                                    HR Asia Awards 2025.                        with Lovepink Indonesia.                   Top Young CEO Awards 2025 by                   with PT Dayamitra Telekomunikasi
                                            •   CSR financial literacy to Elfattah
                                                                                                                                                                                Infobank magazine.                             Tbk.
•    Annual General Meeting of                  Mufidah orphanage.                   •   Launching of Qatalyst AI.               •   Signing first Green Term Loan with
     Shareholders.                                                                                                                   PT CSM Corporatama (Indorent).         •   CSR financial literacy to Dompet           •   Extended financing facility to
                                            •   Signing with J Resources Bolaang     •   CSR financial literacy to Abhimata
                                                                                                                                                                                Yatim dan Dhuafa orphanage.                    PT Perusahaan Listrik Negara
•    Launching of Allianz Life LegacyPro.       Mongondow.                               Mitrasamaya orphanage.                  •   Signing with PT FKS Multi Agro Tbk.
                                                                                                                                                                                                                               (Persero).
•    Launching of QNB Indonesia Aspire                                                                                           •   Signing with PT Adi Sarana Armada
                                                                                                                                                                                                                           •   Signing bilateral financing facility
     Internship Programme.                                                                                                           Tbk (ASSA).
                                                                                                                                                                                                                               with PT Pegadaian.
                                                                                                                                 •   Signing bilateral FX facility with
                                                                                                                                                                                                                           •   Signing bilateral financing facility
                                                                                                                                     UOB Kay Hian.
                                                                                                                                                                                                                               with PT Artajasa Pembayaran
                                                                                                                                 •   Partnership with PT Pakar Digital                                                         Elektronis.
                                                                                                                                     Global (Paper.id)
                                                                                                                                                                                                                           •   Signing with PT Indo Kordsa Tbk.
                                                                                                                                 •   Launching an API Payment
                                                                                                                                     service for a local payment service
                                                                                                                                     provider licensed as a PJP 1 by Bank
                                                                                                                                     Indonesia.




                                                                                                                                                                                                                      PT Bank QNB Indonesia Tbk Annual Report 2025
Page 11
18                                                                                                                                                            19
     Key2025
        Financial
             Highlights
                  Hihglights   Reports to Stakeholders   Company Profile   Management Discussion and Analysis   Corporate Governance (GCG)   Sustainability




2
               Reports to
               stakeholders
Page 12
20                                                                                                                                                                                                                                   21
          Key2025
             Financial
                  Highlights
                       Hihglights   Reports to Stakeholders                   Company Profile                    Management Discussion and Analysis                Corporate Governance (GCG)             Sustainability




Board of Commissioners’ report
                                                 Assalamu’alaikum warahmatullahi wabarakatuh                 Board of directors’ performance assessment                      Board of commissioners’ performance
                                                                                                             and board of commissioners’ recommendations                     assessment
                                                 Dear Shareholders and Stakeholders,                         As part of its supervisory function, the BoC assesses           In addition to overseeing the BoD, the BoC also
                                                                                                             the BoD’s performance collectively and individually. The        conducts performance assessments of the BoC,
                                                                                                             assessment considers the achievement of strategic               both collectively and individually. The assessments
                                                 Report of the board of commissioners                        objectives, quality of portfolio growth, effectiveness of       are conducted qualitatively, by taking into account
                                                 On behalf of the Board of Commissioners (BoC) of            risk management, level of compliance with applicable            attendance and participation in meetings, contributions
                                                 PT Bank QNB Indonesia Tbk, we deliver this report as        regulations, and adequacy of internal control system in         to decision-making process, independency, and
                                                 a form of accountability for our supervisory function       supporting the Bank’s operations.                               compliance with applicable regulations and code of
                                                 applied during the reporting year. Throughout the year,                                                                     conduct. These assessment results then become the
                                                 Indonesia banking industry operated in an environment       Based on the assessment results, the BoC delivered              basis for continuously improving the effectiveness of the
                                                 marked by continued global uncertainties, adjustments       recommendations to the BoD for consideration                    BoC’s oversight function.
                                                 to interest rate policies, financial market volatilities,   and follow-up. These recommendations include
                                                 and intense competition within the national banking         strengthening the implementation of risk management
                                                 industry. On the other hand, acceleration of digital        and internal control, maintaining asset quality                 Board of commissioners’ composition
                                                 transformation, shifts in customer behavior, and rising     sustainably, and carrying out the Bank’s strategies and         Throughout the reporting year, there were no changes to
                                                 stakeholders’ expectations also created challenges and      initiatives selectively and measurably in accordance with       the composition and membership of the BoC.
                                                 opportunities for the banking industry.                     acceptable risk levels.

                                                 In facing these conditions, the BoC views fundamental       The BoC monitors the follow-up to these                         Closing
                                                 resilience, consistent governance implementation, and       recommendations through applicable supervisory
                                                                                                             mechanism and assesses the BoD’s commitment to                  The BoC is committed to consistently performs its
                                                 quality risk management as key factors in maintaining
                                                                                                             following up on the BoC’s directives as part of efforts to      supervisory function in a disciplined and responsible
                                                 the Bank’s business sustainability. This view serves as
                                                                                                             improve the Bank’s governance performance and quality.          manner, while also promoting strong and adaptive
                                                 the basis for the BoC to perform its oversight function
                                                                                                                                                                             governance. With a deep understanding of industry
                                                 throughout the reporting year.
                                                                                                                                                                             dynamics, constructive communication with the
Ms. Fatma Al-Suwaidi                                                                                         Implementation of good corporate governance                     BoD, and consistent focus on risk management and
President Commissioner                                                                                                                                                       compliance, the BoC believes that the Bank has a solid
                                                 Implementation of the board of commissioners’               The BoC believes that consistently implementing Good            foundation to face future challenges and create long-
                                                 supervisory function                                        Corporate Governance serves as the primary foundation           term value for all stakeholders.
                                                 Throughout the reporting year, the BoC performed its        for maintaining stakeholders’ trust and strengthening
                                                 supervisory function independently, objectively, and        the Bank’s resilience. Throughout the reporting year,           Wassalamualaikum Warahmatullahi Wabarakatuh
                                                 continuously. The BoC focused on supervising strategic      the BoC ensured that the principles of transparency,
                                                 policies, performance of the Board of Directors (BoD),      accountability, responsibility, independency, and fairness

     The Board of                                and the implementation of risk management, internal         were integrated into the Bank’s strategic decision-
                                                 control system, compliance, and prudential principles in    making process and operational activities.

     Commissioners views                         all of the Bank’s business activities.
                                                                                                             To support the effectiveness of its oversight function,
     that fundamental                            The BoC performed its supervisory function through
                                                 the BoC meetings, joint meetings of the BoC and the
                                                                                                             the BoC is assisted by the Audit Committee, the Risk
                                                                                                             Oversight Committee, and the Remuneration and
     resilience, consistency                     BoD, as well as periodic discussions and evaluations        Nomination Committee. The BoC periodically evaluates
                                                                                                             these committees’ performance, by taking into account
                                                 of management reports and the implementation of
     in the implementation                       the Bank’s Business Plan. Through these mechanisms,         their structure, effectiveness of task implementation,
                                                                                                             quality of discussions and recommendations, and
     of governance, and the
                                                 the BoC ensures that the management of the Bank by
                                                 the BoD remains aligned with the strategic direction        contribution to supporting the BoC’s oversight function.

     quality of risk management                  and acceptable risk levels. The BoC assessed that the       Based on the evaluation results, the BoC assessed
                                                 oversight mechanism in place is adequate and effective.     that all committees carried out their duties and

     are key factors in                                                                                      responsibilities effectively.


     maintaining the Bank’s
     business sustainability.




                                                                                                                                                                                             PT Bank QNB Indonesia Tbk Annual Report 2025
Page 13
22                                                                                                                                                                                                                                     23
           Key2025
              Financial
                   Highlights
                        Hihglights   Reports to Stakeholders                   Company Profile                   Management Discussion and Analysis                  Corporate Governance (GCG)             Sustainability




Board of Directors’ Report
                                                 To Our Shareholders and Stakeholders                       Balance sheet strengthening and focused                            Organisational capability and talent
                                                                                                            execution                                                          development
                                                 The year 2025 marked an important phase of
                                                                                                            A key strategic focus in 2025 was the continued                    Human resources remain a fundamental enabler of
                                                 consolidation and disciplined execution for PT Bank
                                                                                                            strengthening and simplification of the Bank’s balance             the Bank’s long-term sustainability. During 2025, the
                                                 QNB Indonesia Tbk (“the Bank”). While the domestic
                                                                                                            sheet. Management concentrated on reducing                         Bank continued to focus on building an organisation
                                                 monetary environment showed signs of easing,
                                                                                                            complexity, addressing legacy exposures, and                       that is disciplined, capable, and aligned with its
                                                 funding conditions remained challenging amid intense
                                                                                                            sharpening focus on core business activities.                      strategic direction.
                                                 competition for deposits and heightened pricing
                                                 sensitivity across the banking industry.
                                                                                                            These efforts resulted in a healthier balance sheet                The Bank prioritised strengthening organisational
                                                                                                            structure, improved transparency, and enhanced                     effectiveness through clear accountability, continuous
                                                 In this environment, the Bank remained focused on
                                                                                                            management capacity to focus on sustainable,                       capability development, and fostering a performance-
                                                 strengthening its core fundamentals, preserving
                                                                                                            value-accretive growth.                                            driven culture. Emphasis was placed on equipping
                                                 financial resilience, and positioning itself for
                                                                                                                                                                               employees with the skills and adaptability required
                                                 sustainable growth.
                                                                                                                                                                               to operate effectively in an increasingly digital and
                                                                                                            Business focus and market positioning                              competitive banking environment.

                                                 Economic environment and strategic context                 The Bank remained firmly focused on corporate banking
                                                                                                            as its primary business segment. Strategic emphasis                At the same time, the Bank remained committed to
                                                 Throughout 2025, Indonesia’s economy continued to                                                                             maintaining a supportive and inclusive workplace,
                                                                                                            was placed on:
                                                 demonstrate stability; however, liquidity conditions in                                                                       recognising that employee well-being and engagement
                                                                                                            • Deepening relationships with existing
                                                 the banking sector remained tight. Competition for                                                                            are essential to sustainable performance and long-term
                                                                                                                 corporate clients,
                                                 funding intensified, exerting pressure on funding costs                                                                       value creation.
                                                                                                            • Expanding selectively within corporate segments
                                                 and reinforcing the importance of disciplined balance
                                                                                                                 aligned with the Bank’s risk appetite,
                                                 sheet and liquidity management.
                                                                                                            • Enhancing transaction-based services to support
                                                                                                                 client activity and revenue diversification.
                                                 Against this backdrop, the Bank adopted a prudent
                                                 and selective strategy, prioritising funding stability,
Nick Groene                                                                                                 In line with this approach, the Bank did not pursue
                                                 asset quality, and capital strength, while continuing to
                                                                                                            physical retail expansion during the year. Instead, retail
President Director                               support clients in the real sector in a responsible and
                                                                                                            activities were continuously optimised to improve
                                                 measured manner.
                                                                                                            efficiency and ensure alignment with the Bank’s broader
                                                                                                            corporate-led strategy.

                                                 Performance overview and financial resilience
                                                 In 2025, the Bank recorded year-on-year loan growth,       Operational discipline and technology

     A key strategic focus in
                                                 reflecting continued demand from its core corporate        enablement
                                                 client base and the Bank’s ability to deploy capital
                                                                                                            Throughout 2025, the Bank continued to enhance
     2025 was the continued                      selectively despite challenging funding conditions.
                                                 Growth was achieved while maintaining strong credit
                                                                                                            operational discipline through process improvements,
                                                                                                            strengthened governance, and the effective use of
     strengthening and                           discipline and a conservative risk profile.
                                                                                                            technology to support reliability, control, and scalability.

     simplification of the                       The Bank continued to maintain a strong capital
                                                 position, with the Capital Adequacy Ratio (CAR)
                                                                                                            Digital enablement and data capabilities were directed

     Bank’s balance sheet.                       remaining significantly above regulatory requirements.
                                                                                                            toward improving operational resilience, service quality,
                                                                                                            and decision-making, while ensuring the Bank remains
                                                 This solid capital base provides resilience against
                                                                                                            well positioned to support future growth.
                                                 market volatility and supports the Bank’s medium-term
                                                 growth ambitions.

                                                 Provisioning levels remained prudent and well-aligned
                                                 with the Bank’s risk profile, reinforcing balance sheet
                                                 strength and ensuring adequate buffers against
                                                 potential credit risk. Liquidity was actively managed
                                                 throughout the year, with the Bank consistently meeting
                                                 all regulatory liquidity requirements




                                                                                                                                                                                               PT Bank QNB Indonesia Tbk Annual Report 2025
Page 14
    24                                                                                                                                                                                                                                25
                 Key2025
                    Financial
                         Highlights
                              Hihglights                 Reports to Stakeholders                    Company Profile               Management Discussion and Analysis   Corporate Governance (GCG)           Sustainability




Outlook and strategic priorities for 2026                            Appreciation and closing
Entering 2026, the Bank is positioned to build on the                On behalf of the Board of Directors, we thank our loyal
stronger foundation established over the past year.                  customers, business partners, and employees for their
Strategic priorities will focus on four key areas:                   ongoing support and dedication.

•        Corporate business focus                                    We also extend our sincere appreciation to the Board
         Strengthening the corporate banking                         of Commissioners for their guidance and oversight, to
         franchise through deeper client relationships,              our shareholders for their continued trust, and to our
         selective expansion, and enhanced transaction               regulators for their constructive engagement.
         banking capabilities.
•        Retail optimisation                                         With a strengthened foundation and a clear strategic
         Continued optimisation of retail activities to improve      direction, the Bank is confident in its ability to deliver
         efficiency, focus resources, and support the Bank’s         sustainable growth and long-term value.
         overall business strategy.
•        AI-Driven Processes and Operational Excellence
         Leveraging digitalisation and artificial intelligence
         to enhance process efficiency, strengthen risk
         management, and improve service delivery.
•        Human resources education and welfare
         improvement
         Investing in employee education, capability
         development, and welfare to build a future-ready
         organisation that supports sustainable growth.

These strategic focuses are in continuous alignment
with QNB Group vision and strategy to maintain its
position as the largest bank in Middle East Africa (MEA)
and one of the leading banks in Middle East Africa South
East Asia (MEASEA).


Commitment to good corporate governance
The Board of Directors remains fully committed to
the consistent implementation of Good Corporate
Governance principles. Transparency, accountability,
and compliance continue to guide all strategic and
operational decisions, ensuring the Bank maintains
the trust of shareholders, regulators, customers, and
other stakeholders.




                                                                                                                                                                                               PT Bank QNB Indonesia Tbk Annual Report 2025
Page 15
 26                                                                                                                                                                                                                                            27
            Key2025
               Financial
                    Highlights
                         Hihglights                 Reports to Stakeholders                    Company Profile                Management Discussion and Analysis            Corporate Governance (GCG)              Sustainability




Statement of Responsibility of Members
of the Board of Commissioners and
Directors for the 2025 Annual Report of
PT Bank QNB Indonesia Tbk


We the undersigned hereby state that all information contained within the 2025 Annual Report of PT Bank QNB
Indonesia Tbk has been presented in full and that we assume full responsibility for the truthfulness of the contents of the
Company’s Annual Report.

Thus we have made this statement truthfully.




                                        Members of the Board of Commissioners                                                                                      Members of the Board of Directors




                                                    Fatma Al-Suwaidi                                                                                                         Nick Groene
                                                 President Commissioner                                                                                                   President Director




          Khalid Al-Sada                            Djoko Sarwono                            Muhammad Anas Malla               Windiartono Tabingin                      Gede Shanta Wiguna                             Mario Utama
          Commissioner                         Independent Commissioner                    Independent Commissioner                  Director                                 Director                                   Director




                                                                                                                                                                                                       PT Bank QNB Indonesia Tbk Annual Report 2025
Page 16
3
    Company
    profile
Page 17
30                                                                                                                                                                                                                                                     31
                     2025 Highlights                            Reports to Stakeholders                       Company Profile       Management Discussion and Analysis           Corporate Governance (GCG)                 Sustainability




Identity and general information of the Bank

Company Name                           PT Bank QNB Indonesia Tbk                                                                SWIFT Code                       AWANIDJA


Line of Business                       Banking                                                                                  Number of Employees              274 personnel


Share Ownership                        •   Qatar National Bank (Q.P.S.C.) (91.57%)                                              Head Office Address              Revenue Tower, 8th Floor, District 8, SCBD Lot 13,
                                       •   Public (8.43%)                                                                                                        Jl. Jenderal Sudirman Kav. 52–53, Jakarta 12190.
                                                                                                                                                                 Tel: (+62 21) 515 5155

Date of Establishment                  28 April 1913
                                                                                                                                Website                          www.qnb.co.id

Legal Basis of Establishment           Deed No. 53 dated 28 April 1913, prepared before Leonard Hendrik-Willem Van Sandick,
                                       Notary in Medan, approved by Besluit Gouverneur Generaal of the Dutch East Indies No.    Contact Center                   Tel : (+62 21) 300 55 300
                                       58 dated 16 July 1913, and announced in the Extra Bijvoegesel der Javasche Courant No.                                    E-mail : contact.center@qnb.co.id
                                       78 dated 30 September 1913.

                                                                                                                                Whistleblowing Channel           Tel : (+62 21) 5085 7925
Authorised Capital                     IDR10,000,000,000,000 (ten trillion rupiah)                                                                               E-mail : ayolapor@qnb.co.id


Issued and Fully Paid Capital          IDR8,789,512,091,250.00                                                                  Publication and Media            corporate.communication@qnb.co.id
                                       (eight trillion seven hundred and eighty-nine billion five hundred and twelve million
                                       ninety-one thousand and two hundred fifty rupiah)
                                                                                                                                Network                          1 head office
                                                                                                                                                                 6 branch offices
Share Listing                          The Bank’s shares were listed on Indonesia Stock Exchange (previously Jakarta Stock                                       1 sub-branch office
                                       Exchange) on 21 November 2002.                                                                                            8 ATM


Ticker Code                            BKSW                                                                                     Subsidiaries                     As of the end of 2025, PT Bank QNB Indonesia Tbk had no subsidiaries.




                                                                                                                                                                                                               PT Bank QNB Indonesia Tbk Annual Report 2025
Page 18
32                                                                                                                                                                                                                                                      33
                    2025 Highlights                          Reports to Stakeholders                   Company Profile           Management Discussion and Analysis                Corporate Governance (GCG)                  Sustainability




Milestones
      Established in Medan as                     Changed its name to                       Relocation of                          Awarded                                    Rights Issue I.                               Relocation of
      NV Chunghwa Shangyeh                        PT Bank Chunghwa                          headquarters to Jakarta.               “Bank A” category from                                                                   headquarters and
      Maatschappij (The Chinese                   Shangyeh.                                                                        Bank Indonesia.                                                                          launching of the new logo
      Trading Company Limited).




     1913                   1958              1962                  1965                   1990               1996              1998                2002                 2009                       2011                  2012




                                                                                                                                                                                                     • Rights Issue II.
                                                                                                                                                                                                     • Qatar National Bank (Q.P.S.C.) became the
                                                                                                Obtained a                                                                                             majority shareholder with 69.59% ownership.
                                                                         Changed its             license as                                            Initial Public Offering by listing
                             Commenced operations as                     name to PT Bank                                                               78.8 million shares on Indonesia              • Changed its name to PT Bank QNB Kesawan
                                                                                                  a Foreign
                             a Commercial Bank.                          Kesawan.                                                                      Stock Exchange.                                 Tbk.
                                                                                            Exchange Bank.


                                                                                                                              • Relocation of headquarters in Jakarta.
                             • Name and logo transformation         • Rights Issue V.                                                                                                    • Qatar National Bank (Q.P.S.C.)’s share
                               to PT Bank QNB Indonesia Tbk.                                                                  • Received “idAAA” rating with “Stable” outlook              ownership adjusted to 91.57%.
                                                                    • Qatar National Bank
                                                                                                                                by Pefindo.
                             • Rights Issue IV.                       (Q.P.S.C.)’s share ownership                                                                                       • Received the “Best Companies to Work for
                                                                      increased to 90.96%.                                    • Received “AAA(idn)” rating with “Stable”                   in Asia 2024” and “Most Caring Company
                             • Qatar National Bank (Q.P.S.C.)’s
                                                                                                                                outlook by Fitch Ratings.                                  2024” accolades from HR Asia Awards.
                               share ownership increased to
                               82.59%.                                                                                        • Issued Shelf Registration Bonds I Phase I of
                                                                                                                                IDR100 billion and Shelf Registration Bonds I
                                                                                                                                Phase II of IDR452 billion.




     2013                   2014              2016                2017             2018                                      2019             2020               2023                2024                2025
                                                                                                                                                                                                                          • Maintained its position as “Best
                                                                                                                                                                                                                            Companies to Work for in Asia
                                                                                                                                                                                                                            2025”, “Most Caring Company
                                                                                                                                                                                Rights Issue VII.                           2025”, and received the
                                                                                  • Rights Issue VI.
                                                                                                                                                                                                                            “Diversity, Equity & Inclusion
                                                                                  • Qatar National Bank (Q.P.S.C.)’s share
                                                                                    ownership increased to 92.48%.
                                                                                                                                                                                                                            Company 2025” award from HR
                                                  Earned “idAA”                                                                                                                                                             Asia Awards.
                                                  rating with “Stable”            • Received “idAA” rating with “Stable”
                                                  outlook from                      outlook by Pefindo.                                           Issued Shelf Registration                                               • Won the runner-up position for
        Rights Issue III.                         Pefindo.                                                                                        Bonds I Phase III of                                                      Category 1 - Risk Champion at
                                                                                  • Received accolade as Perception Bank
                                                                                    in Administration of State Revenue                            IDR448 billion.                                                           ASEAN Risk Awards 2025.
                                                                                    Through the 2nd Generation State
                                                                                    Revenue Module                                                                                                              PT Bank QNB Indonesia Tbk Annual Report 2025
Page 19
34                                                                                                                                                                                               35
          2025 Highlights        Reports to Stakeholders   Company Profile       Management Discussion and Analysis               Corporate Governance (GCG)           Sustainability




Vision, Mission, and QNB Values                                                                                                             3
                                                                                                                                        Synergistic
                                                                                                          2                             Team


                                                                                                         Innovative

                                                                                                                                                                     Responsible
                                                                                                                                                                     Citizenship
                                                                                                                                                                                           4



                                                                                      1                                     QNB
                                                                                           Passion for
                                                                                           Excellence                      Values
     Vision                                                                                                                                                           Professionalism
                            “The Bank will be one of the best                                                                                                         with Integrity

                             employers in Indonesia.”
                                                                                                                                                                                           5
                                                                             As stated in Board of Directors Decision Letter No. 074/SK-Direksi/VI/2015
                            “The Bank will generate solid                    dated 1 June 2015, the values and culture of QNB Indonesia are as follows:
                             growth and sustainable business &
                            financial performance.”
                                                                                  1       Passion for Excellence                             4      Responsible Citizenship

                                                                                  We strive to go the extra mile to achieve the              We shall respect with dignity and be concerned
                                                                                  highest professional standard.                             for the well-being of people and the environment
                                                                                                                                             in which we operate.


Mission                                                                          2        Innovative                                         5      Professionalism with Integrity
                            “QNB Indonesia provides benefits
                             for all stakeholders, prioritising                   We shall be adaptive to change and value creative
                                                                                  thinking to attain superior benefits continuously.
                                                                                                                                             We shall continuously develop our competencies
                                                                                                                                             and behavior to reliably deliver what is expected
                             employees with a united and                                                                                     from us. We shall be honest, fair, and accountable.
                             positive workplace & culture and a
                             top-tier financial service.”                        3        Synergistic Team

                                                                                  We shall effectively harness our strength to
                                                                                  achieve our common goals with pride.




                                                                                                                                                          PT Bank QNB Indonesia Tbk Annual Report 2025
Page 20
 36                                                                                                                                                                                                                                                     37
                    2025 Highlights                           Reports to Stakeholders                   Company Profile             Management Discussion and Analysis               Corporate Governance (GCG)              Sustainability




Line of business                                                                                                                Products and services
                                                                  12. To act as the founder and administrator of a pension
                                                                      fund in accordance with the provisions of laws and
                                                                      regulations governing pension funds.
                                                                  13. To cooperate with other LJK in providing financial
                                                                      services to Customers.
                                                                  14. To conduct business activities as a digital bank.
                                                                  15. May purchase part or all of the collateral, either
                                                                      through auction or outside the auction, based on
                                                                      voluntary submission by the owner of the collateral
                                                                      or based on the power to sell outside the auction
                                                                      from the owner of the collateral in the event that the
                                                                      debtor customer does not fulfill its obligations to the
                                                                      Bank, provided that the purchased collateral must be
                                                                      disbursed as soon as possible.
                                                                  16. To issue certificates of debt acknowledgment.
                                                                  17. To buy, sell, or underwrite at own risk or in favour of
                                                                      and at the instruction of its customers, including:
                                                                      • Notes, including drafts accepted by the Bank,
                                                                          whose validity period is no longer than the
                                                                          standard trading practice of the said documents;
Pursuant to Article 3 of the Bank’s Articles of
                                                                      • State Treasury Bills and Government Guarantees;         Savings Products                                               Premium Checking Account
Association, the purposes and objectives of the Bank                                                                                                                                           Checking account with premium features that provide
                                                                      • Central Bank Certificates (SBI)
are to conduct commercial bank business activities                                                                                                                                             ease of transaction to support businesses and offer
                                                                      • Bonds;                                                  Savings Account
conventionally in the banking sector in accordance with                                                                                                                                        higher interest rates than regular checking accounts.
                                                                      • Future commercial papers;                               Savings account provides easy and convenient banking
the provisions of the prevailing laws and regulations.
                                                                      • Other future securities instruments.                    transactions for customers.
                                                                  18. To transfer money either for one’s own interest or for                                                                   Advantages:
To achieve these purposes and objectives, the Bank may                                                                                                                                         • Higher interest rates than other checking accounts.
                                                                      the benefit of customers.                                 Advantages:
carry out main business activities as follows:                                                                                                                                                 • Zero fees for RTGS, LLG, and clearing transactions;
                                                                  19. To receive payments from bills on securities and          • Affordable initial deposit.
1. To collect funds from the public in the form of                                                                                                                                                terms and conditions apply.
                                                                      perform calculations with or among third parties.         • Zero fees for balance inquiry, cash withdrawal, and
    deposits, including savings accounts, current
                                                                  20. To place funds with other customers in the form              overbooking transfer across all ATM Bersama and
    accounts, time deposits, deposit certificates, and/or                                                                                                                                      Switching Account
                                                                      of securities that are listed or not listed on the           PRIMA networks.
    other equivalent forms.                                                                                                                                                                    Providing convenience to invest in six currencies
                                                                      stock exchange.                                           • Online banking services through QNB Indonesia
2. To disburse fund in the form of loans or financing.                                                                                                                                         simultaneously within a single account.
                                                                  21. To perform factoring, credit card business, and              Mobile Banking & QNB Online Banking.
3. To conduct activities in the field of
                                                                      trusteeship activities.
    payment systems.                                                                                                                                                                           Advantages:
                                                                  22. To issue credit documents in various forms and            Premium Savings Account
4. To place funds with, borrow funds from, or                                                                                                                                                  • Six currency options: USD, SGD, AUD, GBP, JPY,
                                                                      bank guarantees.
    lend funds to other banks, either by letter,                                                                                Savings accounts with higher interest rates than regular
                                                                  23. To carry out other activities with the approval of                                                                          and EUR.
    telecommunications facilities, or by draft at sight,                                                                        savings accounts.
                                                                      the OJK.                                                                                                                 • Competitive exchange rates provide customers with
    cheque, or other means.                                                                                                                                                                       more favorable rates.
5. To issue and/or carry out securities transactions for                                                                        Advantages:
                                                                  Aside from the main activities stipulated above, the                                                                         • Easy monitoring of funds through monthly
    the benefit of the Bank and/or its customers.                                                                               • Higher interest rates than regular savings accounts.
                                                                  Bank may perform supporting business activities as                                                                              e-statement.
6. To provide a place to store valuables and Securities.                                                                        • Zero fees for RTGS, LLG, and clearing transactions;
                                                                  long as they do not violate applicable banking laws
7. To carry out activities in foreign exchange.                                                                                    terms and conditions apply.
                                                                  and regulations.                                                                                                             Global Account
8. To carry out receivables transfer activities.                                                                                • Zero fees for cash withdrawal across all
                                                                                                                                   QNB Indonesia ATMs, ATM Bersama, and                        Offering customers an easy and secure way to invest in
9. To carry out custody activities for goods
                                                                  In 2025, the Bank carried out retail and corporate                                                                           foreign currencies.
    and securities.                                                                                                                PRIMA networks.
                                                                  banking activities in accordance with the stipulations
10. To carry out capital participation activities in                                                                            • Free monthly administration fee, terms and
                                                                  mentioned above.                                                                                                             Advantages:
    Financial Service Institutions (hereinafter referred to                                                                        conditions apply.
                                                                                                                                • Online banking services through QNB Indonesia                • Eight currency options: USD, SGD, AUD, HKD, GBP,
    as “LJK”) and/or other companies that support the
                                                                                                                                   Mobile Banking & QNB Online Banking.                           JPY, EUR, and QAR.
    Banking industry by fulfilling the provisions set by
                                                                                                                                                                                               • Relatively affordable initial deposit.
    the Financial Services Authority (hereinafter referred
                                                                                                                                Checking Account                                               • Competitive exchange rates provide customers with
    to as “OJK”).
                                                                                                                                                                                                  more favorable rates.
11. To carry out temporary capital participation activities                                                                     Created for your ease in business transactions.
                                                                                                                                                                                               • Easy monitoring of funds through monthly
    outside the LJK to overcome the consequences of
                                                                                                                                                                                                  e-statements.
    credit or financing failures, provided that they must                                                                       Advantages:
    withdraw their participation.                                                                                               • A checking account in Rupiah allows customers
                                                                                                                                   to withdraw cash, using cashier’s cheques or bank
                                                                                                                                   drafts.




                                                                                                                                                                                                                PT Bank QNB Indonesia Tbk Annual Report 2025
Page 21
 38                                                                                                                                                                                                                                                       39
                   2025 Highlights                          Reports to Stakeholders                   Company Profile           Management Discussion and Analysis                       Corporate Governance (GCG)             Sustainability




Global Checking Account                                         Investment Credit                                          NPG Debit Card QNB Indonesia                                            Allianz Wealthlink Protection Life
Foreign currency checking account that provides ease in         QNB Indonesia’s Investment Credit facilities are           (GPN & VISA Contactless)*                                               Life insurance product with Regular Premium payments
foreign currency transactions.                                  designed to support medium- and long-term financing        Advantages:                                                             that provides protection solutions, the potential for
                                                                needs for corporate customers, helping businesses          • Retail payment transactions through PRIMA-                            long-term investment in assets for your future financial
Advantages:                                                     achieve their growth and expansion goals. These               branded EDC machines and ATM Bersama.                                plans, and remains protected from various life risks.
• Eight currency options: USD, SGD, AUD, HKD, GBP,              customised solutions address financing requirements        • Equipped with the National Chip Technology
   JPY, EUR, and QAR.                                           for acquiring capital goods, modernising operations,          Standard, which provides enhanced security for                       Advantages:
• Competitive exchange rates provide customers with             rehabilitating facilities, or starting new projects.          customer data.                                                       • Complete benefit.
   more favorable rates.                                                                                                   • Part of the National Payment Gateway (NPG)                            • Investment benefit.
• Available for individuals and corporations.                   With a customer-focused approach, our Investment              programme that offers standardised security
• Reports in account statements are easily monitored            Credit offers flexible terms and competitive rates to         features so customers can conduct transactions                       Allianz Wealthlink Prestige Life II
   by the customer.                                             help businesses unlock opportunities and overcome             securely in all payment channels in Indonesia.                       Unit link life insurance product with regular premium
                                                                financial barriers. By providing dependable funding, we    • No minimum amount for retail transaction payments                     payments that provides solutions in efficient protection
Forex                                                           empower companies to innovate, expand their market            performed on EDCs with PRIMA, ATM Bersama, and                       for optimal investment potential throughout your future
Foreign exchange transactions with competitive                  presence, and contribute to the nation’s economic             VISA logos, and no cash withdrawal fees on PRIMA                     financial planning.
exchange rates.:                                                development. Through our deep understanding of                and ATM Bersama ATM networks across Indonesia.
                                                                diverse industries and market dynamics, QNB Indonesia                                                                              Advantages:
Advantages:                                                     remains a trusted partner for corporations, delivering     * *VISA network and Debit Card decommission in July 2025                • Complete benefit.
• Available in eight foreign currencies.                        the financial solutions they need to achieve sustainable                                                                           • Investment benefit.
• Exact, competitive, and real-time prices.                     progress and long-term success.                            UCan*
• Products in foreign exchange investment.                                                                                 A digital loan product that meets customers’ needs and
                                                                Bank Guarantees and Standby Letters of Credit (SBLC)       preferences easily, quickly, and conveniently. Through
Time Deposit                                                    Corporate clients can secure contractual obligations       a partnership between QNB Indonesia and Indonesia’s
Deposit product with a certain tenor. Customers have            with QNB Indonesia’s Bank Guarantees and Standby           leading telecommunications operator, Indosat Ooredoo
the flexibility to choose the deposit tenor according to        Letters of Credit. Ideal for tender processes,             Hutchison, as well as a leading information technology
their plan. Available in seven currencies according to          performance guarantees, and project-based                  company and a world-class fintech partner, UCan offers
customers’ needs.                                               undertakings, these facilities reinforce credibility and   cash loan products to customers through an integrated
Advantages:                                                     ensure the smooth execution of business commitments.       process—from application onboarding to digital cash
• Available for individuals, companies, or institutions.        Partner with us to strengthen corporate trust in           withdrawal.
• Tenor options between 1, 2, 3, 4, 5, 6, 9, and up to          business relationships and enhance market presence.
    12 months.                                                                                                             Advantages:
• Available in 7 currencies: IDR, USD, SGD, AUD, EUR,           Letters of Credit (L/C)                                    • Reliable service with convenient payment.
    HKD, and JPY.                                               Facilitate safe and efficient international trade with     • Instant application processing and disbursement.
• Interest rates are more competitive.                          QNB Indonesia’s Letter of Credit (L/C) services. This      • Bank-level security to protect customer personal
• The interest rate provided is fixed (does not change)         L/C solution for export and import transactions ensures       data and privacy.
    throughout the fund placement period/term of the            that payment is made only after the agreed conditions      • Competitive rates.
    time deposit.                                               are met, thereby safeguarding financial interests and
                                                                supporting the smooth flow of global trade.                * UCan product closure through portfolio selling in October 2025


Loan Products                                                   Supply Chain Financing
                                                                Optimise your business’s working capital with supply       Wealth Management Products
Comprehensive Corporate & Institutional Banking (CIB)           chain financing solutions from QNB Indonesia that
solutions for investment and working capital financing,         connect buyers and suppliers. Sellers can receive
                                                                                                                           Bancassurance
trade transactions, integrated cash management, time            early payment for buyer-approved invoices, thereby
deposits, and foreign exchange transactions.                    strengthening cash flow and business relationships.
                                                                This innovative solution enhances liquidity, fosters       Allianz Assetlink Optima
Working Capital Loans and Trade Financing                       collaboration, and builds trust across the entire supply   Life insurance product with a single premium payment
QNB Indonesia’s working capital loans and trade                 chain.                                                     that provides Death Benefit, Death Benefit Due to
financing solutions are designed to support the daily                                                                      Accident, as well as Investment Benefits, with a choice
operational needs of corporate clients, offering flexible                                                                  of sub-funds that suit customer needs.
tenors of up to one year. These products provide
businesses with the liquidity needed to manage supply                                                                      Advantages:
chains, finance invoices, and optimise cash flow. With                                                                     • Investment benefit.
tailored options like bill discounting and pre- and post-                                                                  • Single Premium Unit Link with life Insurance benefit.
import financing, we ensure smooth business operations
and improved financial agility.




                                                                                                                                                                                                                   PT Bank QNB Indonesia Tbk Annual Report 2025
Page 22
 40                                                                                                                                                                                                                                                            41
                     2025 Highlights                            Reports to Stakeholders                   Company Profile               Management Discussion and Analysis                  Corporate Governance (GCG)              Sustainability




First LifePASTI                                                     Advantages:                                                   RTGS/LLG/Clearing/BI-FAST                                           FX Spot
Traditional life insurance product with regular premium             • A variety of quality products with different risk levels.   Rupiah fund transfer service among banks.                           Purchase or sale of foreign exchange with rates
payment, with life protection, critical illness benefit,            • Ease of subscription and redemption of mutual fund                                                                              determined at the time of transaction, and payment and
and cash benefit that will be received at the end of the               units through the branches of QNB Indonesia.               Advantages:                                                         delivery that take place two days after the transaction
insurance policy period, as long as the policy is active            • Consolidated statements to view and monitor all             • It can be done quickly and securely with competitive              date.
and the insured is still alive until the end of the insurance          transactions and investment returns.                          prices.
period.                                                                                                                                                                                               Advantages:
                                                                                                                                  QNB First                                                           • Services with competitive rates.
Advantages:                                                         Electronic Retail Government Bonds (e-SBN)                    Banking services for priority customers.                            • Customer foreign exchange rate hedging allows
• Natural death benefit.                                                                                                                                                                                 customers to hedge their foreign exchange risk
• Death benefit caused by accident.                                 Bonds issued by the Indonesian Government are                 Advantages:                                                            exposure to fluctuations in exchange rates.
• Critical illness benefit.                                         dedicated to retail/individual investors and are              • Privileges to enjoy a comfortable QNB First Lounge
• Contract termination benefit.                                     offered on the primary market through an online order            service that offers top-end facilities.                          FX Forward
                                                                    mechanism.                                                    • Additional travel privileges, such as airport transfer,           Transaction based on an agreement to exchange a
QNB Indonesia collaborates under a reference business                                                                                and access to domestic airport lounges, as well as               certain amount of foreign currency at a pre-agreed rate
model in offering bancassurance products with PT                    Advantages:                                                      festive hampers and birthday treats.                             of exchange and on a certain future date.
Allianz Life Indonesia.                                             • Coupons are paid regularly.                                 • Free transaction fee through mobile banking and
                                                                    • Guaranteed by the Indonesian Government.                       internet banking.                                                Advantages:
Allianz Life Secure PINTAR                                          • Potential capital gain.                                     • Free medical check-up to selected QNB First                       • Services with competitive rates.
Life insurance endowment product with a single                                                                                       Customers with Prodia.                                           • Customer foreign exchange rate hedging allows
premium payment that provides guaranteed benefit on                 QNB Indonesia participates in offering e-SBN through                                                                                 customers to hedge their foreign exchange risk
maturity, death benefit (natural and accident).                     the e-SBN Sub-Selling Agent agreement with PT                 SDB                                                                    exposure to fluctuations in exchange rates.
                                                                    Trimegah Sekuritas Tbk.                                       Safety deposit box rental facilities for storing goods,
Advantages:                                                                                                                       valuables, or important documents.                                  FX Swap
• Single payment for 10 years protection.                                                                                                                                                             Purchase or sale of foreign exchange of similar principal
• Guaranteed maturity benefit for education purpose.                Services                                                      Advantages:                                                         value with rates determined at the time of transaction,
• Death benefit (natural and accident)                                                                                            • Secure, protected deposit box at competitive prices.              with payment and delivery on two different days, using
                                                                    ATM                                                                                                                               the agreed swap price.
Allianz Life LegacyPro                                                                                                            Virtual Account
                                                                    Real-time and online electronic banking services.
Traditional life insurance legacy product with regular                                                                            Streamline the Corporate Business collections                       Advantages:
premium payment, with life protection up to age 100.                Advantages:                                                   process with our virtual account services. These                    • Services with competitive rates.
                                                                    • Ease of doing financial and non-financial                   innovative solutions provide automated reconciliation,              • Customer foreign exchange rate hedging allows
Advantages:                                                            transactions for all customers across all QNB              enabling precise tracking and management of                            customers to hedge their foreign exchange risk
• Life protection up to age 100.                                       Indonesia ATMs, as well as ATM Bersama/PRIMA               incoming payments. By reducing administrative                          exposure to fluctuations in exchange rates.
• Benefit increment up to 150% Sum assured at                          networks and the international network from Visa.          workloads, businesses can focus on growth and
   age 75.                                                          • QNB Indonesia ATMs are integrated into the                  operational excellence.                                             Interbank Repo
• Benefit premium waiver if diagnosed with one of 77                   National Payment Gateway (NPG) network.                                                                                        Interbank placements and borrowings are conducted
   critical illness.                                                                                                              FX Today                                                            under bilateral agreements (GMRA), with government
                                                                    Remittances                                                   Purchase or sale of foreign exchange with rates                     securities or Bank Indonesia instruments as underlying,
QNB Indonesia collaborates under a reference business                                                                             determined at the time of the transaction, as well as               and with tenors ranging from 1 day to 1 year.
                                                                    QNB Indonesia offers cutting-edge remittance services
model in offering bancassurance products with PT                                                                                  payment and delivery that take place on the same day as
                                                                    designed to provide seamless fund transfers for both
Allianz Life Indonesia.                                                                                                           the transaction date.                                               Advantages:
                                                                    global and domestic transactions. Our solutions enable
                                                                    businesses and individuals to send and receive money                                                                              • An activity aimed at managing liquidity.
                                                                    quickly, securely, and efficiently, ensuring reliable         Advantages:                                                         • Signing GMRA also means establishing relationships
Mutual Fund                                                                                                                       • Services with competitive rates.                                     with other banks and opening new business
                                                                    support for their financial needs. For global remittances,
                                                                    we provide access to international fund transfers in                                                                                 opportunities, such as setting up Treasury or Trade
Partnered with best investment managers in offering                 various foreign currencies at competitive exchange            FX Tomorrow                                                            Finance lines.
various mutual fund which suited with Customer’s risk               rates, enabling customers to manage cross-border              Purchase or sale of foreign exchange with rates set
profile and financial objectives.                                   transactions with ease. Domestically, we offer rupiah         at the time of the transaction, with payment and
                                                                    fund transfer services via RTGS, LLG, and BI-FAST             delivery occurring on the next business day after the
The investment managers are as follows:                             platforms, ensuring fast and secure processing for            transaction date.
• PT Batavia Prosperindo Aset Manajemen                             local transactions.
• PT Mandiri Manajemen Investasi                                                                                                  Advantages:
• PT Manulife Aset Manajemen Indonesia                              With advanced features such as real-time tracking,            • Services with competitive rates.
• PT Trimegah Asset Management                                      competitive fees, and robust security measures, QNB           • Customer foreign exchange rate hedging allows
• PT Syailendra Capital                                             Indonesia’s remittance services cater to the diverse             customers to hedge their foreign exchange risk
                                                                    needs of corporate and individual clients. By simplifying        exposure to fluctuations in exchange rates.
                                                                    both domestic and international transactions, we
                                                                    empower our customers to stay connected and thrive in
                                                                    a globally interconnected economy.

                                                                                                                                                                                                                       PT Bank QNB Indonesia Tbk Annual Report 2025
Page 23
 42                                                                                                                                                                                                                                                            43
                    2025 Highlights                         Reports to Stakeholders                   Company Profile              Management Discussion and Analysis                     Corporate Governance (GCG)                 Sustainability




                                                                                                                              Branch offices
Other services                                                  QNB Indonesia Life Rewards
                                                                                                                               Branch
                                                                A reward point programme from QNB Indonesia, which
QNB Indonesia Mobile Banking                                    enables customers to earn reward points from various           Jakarta – Gajah Mada                     Mediterania Gajah Mada Tower Alpha No. TUD 16 Lt. UG Jl. Gajah Mada No. 174
                                                                banking transactions specified by the Bank. The points                                                  Jakarta 11130
One mobile application for all transactions.
                                                                can be redeemed for multiple rewards on the QNB
                                                                Indonesia Mobile Banking application on the customer’s         Bandung - Dago*                          Jl. Ir. H. Juanda No. 11 (Dago) Bandung 40116
Advantages:
                                                                own device.
• Smartphone application with easy-to-use features.
                                                                                                                               Semarang – Gajah Mada*                   Jl. Gajah Mada No. 101B Semarang 50134
• QNB Indonesia Mobile Banking allows customers’
                                                                Advantages:
   daily banking transactions to be simpler, swifter,                                                                          Jakarta – SCBD                           Revenue Tower District 8 Lantai Dasar/Ground Floor Jl. Jenderal Sudirman Kav. 52–53
                                                                • All You Can Earn point reward system integrated
   and more secure, and can be done anytime                                                                                                                             Jakarta 12190
                                                                   across seven retail products.
   and anywhere.
                                                                • Attractive merchant partners across different
• Offer a variety of services to manage daily                                                                                  Medan – Pemuda                           Jl. Pemuda No. 5 Medan 20151
                                                                   reward categories.
   transactions online, such as foreign currency
                                                                • Digitally processed reward redemption.
   account opening for existing customers and time                                                                             Surabaya – Darmo*                        Jl. Raya Darmo No. 108 Surabaya 60264
   deposit opening, bill payments, e-Wallet top-ups,
                                                                Tax Payment Services                                           Sub-Branch
   forex transactions, Life Rewards, QRIS, e-statement,
   and other financial/ non-financial transactions.             Managing tax obligations efficiently is critical for
                                                                corporate clients, and our Corporate Tax Payment               Jakarta – Pluit*                         Ruko Sentra Bisnis Pluit Jl. Pluit Sakti Raya No. 28 Blok A12 Jakarta 14450
Corporate Internet Banking                                      Services are designed to simplify this process.
                                                                Accessible 24/7 through our advanced Corporate
QNB Indonesia’s Corporate Internet Banking platform                                                                           *End of operations as of 2 January 2026
                                                                Internet Banking platform, this service ensures that
empowers businesses with innovative digital solutions
                                                                corporate clients can meet regulatory requirements
tailored to their needs, enabling them to conduct
                                                                seamlessly. With features such as real-time transaction
banking transactions anytime, anywhere. Clients can
                                                                updates, automated payment schedules, and easy-to-
customise daily transaction limits, manage the number
                                                                navigate interfaces, corporate clients can experience a
of registered users, and implement flexible authorisation
                                                                smooth, hassle-free tax payment process. By reducing
levels—ranging from simple setups to tiered matrices.
                                                                manual administrative tasks and ensuring compliance,
The platform ensures the highest level of security with
                                                                this solution allows businesses to focus on their core
token-based authentication and SSL-protected web
                                                                operations and strategic goals.
pages, guaranteeing safe transactions. The platform
enhances efficiency, compliance, and operational
                                                                Bulk Payment
flexibility, supporting businesses in achieving
sustainable growth in a competitive market.                     QNB Indonesia’s Bulk Payment service offers a
                                                                seamless solution for businesses to handle multiple
QNB Online Banking                                              transactions efficiently and securely. This innovative
                                                                service enables corporate clients to process bulk
Web-based internet banking service for
                                                                payments, such as payroll, supplier payments, and
individual customers.
                                                                other mass disbursements, through a single platform.
                                                                By streamlining payment processes, businesses can
Advantages:
                                                                improve cash flow management and focus on strategic
• Daily transactions can be performed anywhere at all
                                                                growth, making Bulk Payment an essential tool for
   times from a computer, a laptop, a smartphone, and
                                                                operational excellence.
   a tablet.
• A variety of banking services to manage daily
                                                                Cash Pick Up & Delivery
   transactions online, such as time deposit opening,
   bill payments, e-statements, and other financial/            Managing high-volume cash transactions has never been
   non-financial transactions.                                  easier with our Corporate Cash Pick Up and Delivery
• Manageable financial control with an easy-to-use              Services. Designed to meet the needs of businesses
   menu.                                                        handling large amounts of cash, this service ensures the
                                                                secure and efficient collection or delivery of cash at your
                                                                preferred location.

                                                                Our professional team utilises advanced security
                                                                protocols to safeguard corporate transactions, providing
                                                                peace of mind and minimising operational risks. With
                                                                flexible scheduling and tailored solutions, this service
                                                                streamlines cash management, allowing businesses to
                                                                focus on core activities and growth initiatives.




                                                                                                                                                                                                                        PT Bank QNB Indonesia Tbk Annual Report 2025
Page 24
44                                                                                                                                                                                                                                                           45
                      2025 Highlights                      Reports to Stakeholders                    Company Profile         Management Discussion and Analysis                    Corporate Governance (GCG)                 Sustainability




Organisation structure

                                                                                                    General Meeting of
                                                                                                    Shareholders (GMS)                                                                                Board of Commissioners Committees
                                                                                                                                      Board of Commissioners (BoC)

                                                                                                                              • President Commissioner : Fatma Al-Suwaidi
                                                                                                                              • Commissioner : Khalid Al-Sada                                                        Remuneration
                                                                                                                                                                                               Risk Oversight                            Audit
                                                                                                                                                                                                                     & Nomination
                                                                                                                              • Independent Commissioner : Djoko Sarwono                        Committee                              Committee
                                                                                                                                                                                                                      Committee
                                                                                                                              • Independent Commissioner : Muhammad Anas
                                                                                                                                Malla



                                                                                                  Board of Directors (BoD)


                                                                                                     President Director
                                                                                                           (CEO)                BoD Committees
                                                                                                        Nick Groene




                                                        Corporate &
                                                   Institutional Banking       Finance Director                                                                                                  Compliance Director
                                                          Director           Gede Shanta Wiguna                                                                                                  Windiartono Tabingin
                                                        Mario Utama




                                                                                                                                                                        Human
     Retail Banking                                                                                                              Risk Directorate                      Resources
                                                                                                     Credit Directorate
      Directorate                                                                                                                 Haryuninglistia                       Division
                                                                                                       Firdaus Effendi
      Grace Luzar                                                                                                                   Setiantini                        Carina Hastari
                                                                                                                                                                       Tanubrata




                                   Treasury &
                                                                               Budgeting,                                                                             Corporate                           Regulatory                  Internal Audit
                                    Financial         Client Coverage 1                                    Credit Review             Operational Risk
                                                                            Planning and MIS                                                                        Communications                        Compliance                     Division
                                  Institutional            Division                                           Division                  Division
                                                                                Divition                                                                               Division                            Division                   Lius Pritantyo*
                                    Division            Dennis Utomo                                      Alfiana Gunawan             Estrelita Lestari
                                                                            Mutiara Febriana                                                                          Tifany Marisa*                            Karina                   (Acting)
                                Moh Emirza Ihsan



                                                                               Strategy                       Credit                                                                                    Financial Crime
                                                       Client Coverage                                                                  IT Security                    Operations
                                                                               Execution                   Administration                                                                                 Compliance
                                                          2 Division                                                                      Division                      Division
                                                                                Division                     Division                                                                                       Division
                                                       Putu Arimbawa                                                                  Goeroeh Andhi                  Claudia Novita*
                                                                             Ibnu Gutomo*                      Vitriana                                                                                  Inggrid Ratna




                                                                                                                                      Legal Division                                                       Corporate
                                                        Transaction                                       Credit Remedial                                            General Services
                                                                                                                                       Yoedo Hario                                                         Secretary
                                                         Banking &                                           Division                                                   Division
                                                                                                                                        Adrianto                                                            Division
                                                         Wholesale                                         Irwan Sukmana                                              Ibnu Gutomo*
                                                                                                                                         (Acting)                                                        Indah Mathilda
                                                      Funding Division
                                                       Elvie Tanuwijaya


                                                                                                          Credit Policies &             Financial                      Information
                                                                                                            Governance                Reporting Risk                   Technology
                                                                                                              Division                   Division                        Division
                                                       Credit Analysis                                        Andreea                                                   Adi Putra
                                                                                                                                       Riansa Setya
                                                          Division                                           Wandiradja
                                                        Novia Valencia                                                                                                                                                                       * Concurrent Positions




                                                                                                                                                                                                                  PT Bank QNB Indonesia Tbk Annual Report 2025
Page 25
46                                                                                                                                                                                                                                                  47
                  2025 Highlights                         Reports to Stakeholders                  Company Profile           Management Discussion and Analysis                   Corporate Governance (GCG)             Sustainability




                                                                                                                         Board of Directors Profile




                                                                                                                         Nick Groene
                                                                                                                         President Director


                                                                                                                         A French citizen residing in Jakarta, Indonesia, Mr.               subsequent reappointment for the next term reaffirm
                                                                                                                         Nick Groene brings over 26 years of distinguished                  the mandate entrusted to him to steer the Bank through
                                                                                                                         experience in the global banking sector, marked by                 an evolving financial landscape. In his current role, he
                                                                                                                         a steadfast commitment to strategic leadership and                 remains focused on sustainable growth, prudent risk
                                                                                                                         financial stewardship. At 49 years old, he combines                management, and innovation, with his tenure extending
                                                                                                                         deep expertise in treasury, risk management, and                   through 2027.
                                                                                                                         cross-border finance with a humility that reflects his
                                                                                                                         collaborative approach to leadership.                              Global expertise
                                                                                                                                                                                            Prior to his tenure in Indonesia, Mr. Nick Groene
                                                                                                                         Academic foundation                                                honed his expertise across several countries. As Head
                                                                                                                         Mr. Nick Groene’s academic journey reflects his lifelong           of International Treasury at QNB Group in Qatar, he
                                                                                                                         commitment to continuous learning. He earned an                    oversaw treasury operations in 33 countries across
                                                                                                                         MBA from the University of Chicago Booth School of                 Asia Pacific, Europe, and Africa, fostering collaboration
                                                                                                                         Business, a Master’s degree from SKEMA Business                    and resilience in complex environments. His career also
                                                                                                                         School, and an M.Sc. in Economics and Finance from                 includes strategic roles at leading financial institutions
                                                                                                                         Paris University. As an alumnus of Harvard Business                in Japan, Luxembourg, the United Kingdom, Iceland, and
                                                                                                                         School, he continues to broaden his perspective,                   the United Arab Emirates, shaping his global perspective
                                                                                                                         combining analytical rigor with balanced and                       and inclusive leadership style.
                                                                                                                         visionary leadership.
                                                                                                                                                                                            Mr. Nick Groene has no affiliate relationship with other
                                                                                                                         Leadership journey                                                 members of the BoD, members of the BoC, and the
                                                                                                                         Appointed as President Director in December 2024,                  controlling shareholders of the Bank.
                                                                                                                         Mr. Nick Groene has been an integral part of the Bank’s
                                                                                                                         leadership since joining as General Manager of Treasury
                                                                                                                         in 2020. His appointment as Director in 2021 and
Description:
From left to right:
1. Windiartono Tabingin (Director); 2. Mario Utama (Director); 3. Nick Groene (CEO); 4. Gede Shanta Wiguna (Director).




                                                                                                                                                                                                            PT Bank QNB Indonesia Tbk Annual Report 2025
Page 26
 48                                                                                                                                                                                                                                                   49
                    2025 Highlights                          Reports to Stakeholders                   Company Profile             Management Discussion and Analysis                Corporate Governance (GCG)             Sustainability




Windiartono Tabingin                                                                                                           Gede Shanta Wiguna
Director                                                                                                                       Director


An Indonesian citizen residing in Jakarta, Indonesia. As a       Industry expertise                                            An Indonesian citizen residing in Jakarta, Indonesia.           Industry expertise
banking professional, Mr. Windiartono Tabingin (64 years                                                                       As a banking professional with extensive experience
                                                                 With over three illustrious decades of experience in the                                                                      With nearly three decades of experience in the
old) brings over 39 years of extensive experience in                                                                           spanning 30 years in Indonesia’s banking sector, Mr.
                                                                 banking sector, Mr. Windiartono Tabingin embarked                                                                             financial sector, Mr. Gede Shanta Wiguna has honed his
Indonesia’s banking sector, underpinned by a profound                                                                          Gede Shanta Wiguna (54 years old) commands a deep
                                                                 upon his career at Bank Rakyat Indonesia (Persero)                                                                            expertise in risk management, compliance, and financial
understanding of financial management, human                                                                                   expertise in risk management, compliance, and financial
                                                                 in 1986, serving until 2012. While serving at Bank                                                                            operations. Prior to joining PT Bank QNB Indonesia Tbk,
resources, and organisational governance. With a strong                                                                        operations. With a strong academic foundation and a
                                                                 Rakyat Indonesia, he also served as Commissioner of                                                                           he built a distinguished career at PT Hongkong and
academic background and active involvement in various                                                                          distinguished career in leading financial institutions,
                                                                 PT Asuransi Jiwa Bringin Jiwa Sejahtera (2011–2012),                                                                          Shanghai Banking Corporation (HSBC) Indonesia from
industry associations, he has ceaselessly contributed to                                                                       he continues to contribute to the advancement of the
                                                                 further expanding his expertise in insurance and risk                                                                         2004, where he held the position of Head of Insight
the development of a sustainable banking sector.                                                                               national banking industry.
                                                                 management. His contributions to the banking industry                                                                         & Advisory. Previously, he worked at ABN AMRO,
                                                                 extend beyond his executive roles, as he actively                                                                             NV Indonesia (1995–2004), with his last position as
Academic foundation                                                                                                            Academic foundation
                                                                 participates in various professional associations. He                                                                         Compliance and Quality Assurance – Clearing &
Mr. Windiartono Tabingin’s commitment to lifelong                serves as Secretary General of BARa in 2008-2009              Mr. Gede Shanta Wiguna obtained a Bachelor’s degree             Custody Advisory Operations.
learning is reflected in his academic journey. He obtained       and continued in 2014 until now and was previously a          in Economics from Trisakti University, Jakarta (1995),
a bachelor’s degree from Jenderal Soedirman University,          Member of the Board of Social Affairs and Sports at           before pursuing postgraduate studies and earning a              Mr. Gede Shanta Wiguna has no affiliate relationship with
Purwokerto (1984), before pursuing postgraduate                  the Indonesian Bankers Association (IBI) (2015–2019).         Master of Economy from Trisakti University in 2013.             other members of the BoD, members of the BoC, and
studies in Finance and Human Resource Management                 Additionally, he has ever held the various positions at the   His education has equipped him with a profound                  the controlling shareholders of the Bank.
& Organisational Behaviour at Rensselaer                     Compliance Directors’ Communication Forum (FKDKP)             understanding of economics and finance, forming a
Polytechnic Institute (IDRI), Troy, New York, USA (1994).        since 2014 until now, these are Deputy Treasury, Deputy       solid foundation for his leadership in the banking sector.
This education has equipped him with strategic insights          Secretary General and now Member of Professions
in organisational and risk management within the                 Development and was a member of the Legal and ESG             Leadership journey
banking industry.                                                division at Perbanas Currently a Member of Institution        Appointed as a Director of the Bank based on the AGMS
                                                                 Relation and Communication at Perbanas.                       resolution on 30 May 2024, Mr. Gede Shanta Wiguna
Leadership journey                                                                                                             officially assumed office on 8 August 2024, following
Initially appointed as a Director of the Bank based on the       Mr. Windiartono Tabingin has no affiliate relationship        the approval of OJK on 6 August 2024.
EGMS resolution on 29 November 2012, Mr. Windiartono             with other members of the BoD, members of the BoC,
Tabingin’s appointment was officially confirmed by               and the controlling shareholders of the Bank.
Bank Indonesia on 25 February 2013. His leadership
and expertise have earned continued trust, leading to
his reappointment as Director at the AGMS on 30 May
2024, with a tenure extending until the 2027.



                                                                                                                                                                                                               PT Bank QNB Indonesia Tbk Annual Report 2025
Page 27
 50                                                                                                                                                                                                                                                  51
                    2025 Highlights                          Reports to Stakeholders                   Company Profile          Management Discussion and Analysis              Corporate Governance (GCG)                Sustainability




                                                                                                                            Changes in the Board of Directors’ composition and the reasons for changes
                                                                                                                            Throughout 2025, the Board of Directors’ composition of PT Bank QNB Indonesia Tbk did not undergo any changes.
                                                                                                                            Accordingly, the composition and structure of the Board of Directors as of 31 December 2025 are as follows:

                                                                                                                            Composition and Basis for the Appointment of the Board of Directors as of 31 December 2025


                                                                                                                                       Name                    Position        Basis of Appointment         Term of Office             Term Period

                                                                                                                            Nick Groene                  President Director   EGMS on 4 December        As President Director:    2018–2021
                                                                                                                                                                              2024                      12 December 2024–         2021–2024
                                                                                                                                                                              (Initial appointment as   2027                      2024–2027
                                                                                                                                                                              Director: EGMS on 17      As Director:
                                                                                                                                                                              December 2020)            2020–2021
                                                                                                                                                                                                        2021–11 December
                                                                                                                                                                                                        2024

                                                                                                                            Windiartono Tabingin         Director             AGMS on 30 May 2024       2012–2015                 2012–2015
                                                                                                                                                                              (Initial appointment:     2015–2018                 2015–2018
                                                                                                                                                                              EGMS on 29 November       2018–2021                 2018–2021
                                                                                                                                                                              2012)                     2021–2024                 2021–2024
                                                                                                                                                                                                        2024–2027                 2024–2027

                                                                                                                            Gede Shanta Wiguna           Director             AGMS on 30 May 2024       8 August 2024-2027        2024–2027

                                                                                                                            Mario Utama                  Director             EGMS on 4 December        24 January 2025-2027      2024–2027
                                                                                                                                                                              2024
Mario Utama
Director


An Indonesian citizen residing in Jakarta, Indonesia. With       Industry expertise
over 26 years of professional experience in banking,
                                                                 Prior to joining the Bank, Mr. Mario Utama worked
Mr. Mario Utama (51 years old) has been entrusted
                                                                 at Malayan Banking Berhad – Singapore/Malaysia
with corporate banking business at several prestigious
                                                                 (2020–2024) as Managing Director Group Transaction
financial institutions in Southeast Asia.
                                                                 Banking, at PT Bank BNP Paribas Indonesia (2014–
                                                                 2020) as Director of Corporate Banking; Head of Global
Academic foundation
                                                                 Transaction Banking, at Standard Chartered (2012–
Mr. Mario Utama holds an MBA in Corporate Finance                2014) as Director-Head of TB Sales Strategic Client
from the University of San Francisco (1998) and a                Coverage Group, at PT Bank ICBC Indonesia (2011) as
Bachelor of Science degree in Electrical Engineering             Executive Vice President–Corporate Banking, at PT Bank
from San Francisco State University (1996).                      ANZ Indonesia (2010) as Head of Trade; Supply Chain, at
                                                                 HSBC (2002–2010), various roles with his final position
Leadership journey                                               as Senior Vice President, Product, Structured Trade in
Appointed as a Director of the Bank based on the EGMS            Indonesia, at Barclays Global Investors – USA (1998 –
resolution on 4 December 2024, and officially assumed            2001) as Financial Data Analyst.
office on 24 January 2025, following the issuance
of the Fit and Proper Test result by the OJK on 23               Mr. Mario Utama has no affiliate relationship with other
January 2025.                                                    members of the BoD, members of the BoC, and the
                                                                 controlling shareholders of the Bank.




                                                                                                                                                                                                             PT Bank QNB Indonesia Tbk Annual Report 2025
Page 28
 52                                                                                                                                                                                                                                               53
                    2025 Highlights                         Reports to Stakeholders                   Company Profile           Management Discussion and Analysis               Corporate Governance (GCG)             Sustainability




Board of Commissioners Profile




Ms. Fatma Al-Suwaidi                                                                                                        Khalid Al-Sada
President Commissioner                                                                                                      Commissioner


A Qatari citizen, 49 years old. Domiciled in Doha, Qatar.       Ms. Fatma Al-Suwaidi was first appointed as President       A Qatari citizen, 48 years old. Domiciled in Doha,             Mr. Khalid Al-Sada was appointed as Commissioner of
Ms. Fatma Al-Suwaidi joined QNB Group in November               Commissioner of the Bank based on the resolution of         Qatar. Mr. Khalid Al-Sada has more than 28 years of            the Bank based on the resolution of the AGMS on 26
1999 and, with more than 24 years of experience in              the EGMS on 17 December 2020 and was declared               experience in the banking industry and 21 years at             June 2019, and was declared effective by the OJK on
banking, currently serves as Group Chief Risk Officer,          effective by the OJK on 4 June 2021. She was                QNB Group, and has held various key positions. Since           11 October 2019. Mr. Khalid Al-Sada was reappointed
having previously held the positions of Head of Credit          reappointed as President Commissioner of the Bank           2021, Mr. Khalid Al-Sada has held the position of              as Commissioner of the Bank based on the resolution
Administration (2012–2013) and Assistant General                based on the resolution of the AGMS on 30 May 2024,         Senior Executive Vice President–Group Corporate and            of the AGMS on 30 May 2024, to serve until the 2027
Manager – Group Credit (2013–2018). Currently, Ms.              to serve until the 2027 AGMS.                               Institutional Banking, and previously served as General        AGMS. In addition to serving as Commissioner of the
Fatma Al- Suwaidi also concurrently serves as a Board                                                                       Manager–Group International Business Division during           Bank, he was also appointed as a member of the Bank’s
member of QNB Turkey.                                           In 2025, Ms. Fatma Al-Suwaidi participated in the           2011–2021. Mr. Khalid Al-Sada specialist in corporate          Remuneration and Nomination Committee.
                                                                following competency development programme Risk             and international banking, with in-depth knowledge of
Ms. Fatma Al-Suwaidi holds a BSc in Accounting (1999),          Management Certification Refresher Programme Level          banking environments and regulations across various            In 2025, Mr. Khalid Al-Sada participated in the
a Master’s degree in Business Administration from               6, held by Indonesian Banker Association.                   jurisdictions. Mr. Khalid Al-Sada is also a board member       following competency development programme Risk
Qatar University (2004), an MSc in Risk Management                                                                          of QNB Egypt in Egypt and Bank Al Mansour in Iraq.             Management Certification Refresher Programme Level
from the University of New York (2015), a Juris Doctor          Ms. Fatma Al-Suwaidi has no affiliated relationships                                                                       6, held by Indonesian Banker Association.
from Hamad Bin Khalifa University, Qatar (2019), and            with other members of the Board of Commissioners            Mr. Khalid Al-Sada obtained a Diploma in Banking
a Doctor of Business Administration from Grenoble               or members of the Board of Directors; however, she is       Operations from the Institute of Administrative                Mr. Khalid Al-Sada has no affiliated relationships with
University, France, with a dissertation topic on                affiliated with the Bank’s controlling shareholder, Qatar   Development, Qatar (2004), and completed the                   other members of the Board of Commissioners or
“Innovation in Banking and Financial Markets” focusing          National Bank (Q.P.S.C.).                                   High Performance Board Programme at IMD (2016),                members of the Board of Directors; however, he is
on cryptocurrency (2022).                                                                                                   in addition to various other global competency                 affiliated with the Bank’s controlling shareholder, Qatar
                                                                                                                            development programmes, including those conducted              National Bank (Q.P.S.C.).
                                                                                                                            by the IMF.




                                                                                                                                                                                                           PT Bank QNB Indonesia Tbk Annual Report 2025
Page 29
 54                                                                                                                                                                                                                                          55
                   2025 Highlights                         Reports to Stakeholders               Company Profile          Management Discussion and Analysis                Corporate Governance (GCG)             Sustainability




Djoko Sarwono                                                                                                         Muhammad Anas Malla
Independent Commissioner                                                                                              Independent Commissioner


An Indonesian citizen, 75 years old. Domiciled in              Based on the resolution of the EGMS on 9 October       An Indonesian citizen, 68 years old. Domiciled in Jakarta,      on 30 May 2024, to serve until the 2027 AGMS. As
Jakarta, Indonesia. Mr. Djoko Sarwono has more than            2015, Mr. Djoko Sarwono was appointed as Independent   Indonesia. Mr. Anas Malla has more than 42 years of             Independent Commissioner, Mr. Anas Malla is also
47 years of experience in the banking industry, having         Commissioner of the Bank, and was declared effective   experience in the banking industry. His banking career          assigned as Chairman of the Audit Committee and
begun his career at Bank Indonesia (1977), and has held        by the OJK on 11 November 2015. Mr. Djoko Sarwono      began at PT Bank Negara Indonesia (Persero) Tbk,                concurrently serves as Chairman of the Remuneration
various positions, including Executive Director of the         was reappointed as Independent Commissioner of         where he served from 1982 to 2011 in various positions,         and Nomination Committee of the Bank.
Banking Regulation & Development Department at                 the Bank based on the resolution of the AGMS on 30     with his last role being Head of the Internal Audit
Bank Indonesia (1998–2001), Head of Bank Indonesia             May 2024, to serve until the 2027 AGMS. In addition    Division. From 2012 to 2013, Mr. Anas Malla served as           In 2025, Mr. Anas Malla participated in the following
Regional Office – Bandung (2001–2003), President               to serving as Independent Commissioner of the Bank,    Commissioner of PT Swadarma Sarana Informatika, and             competency development programme Risk
Director of Indover Bank, Amsterdam (2003–2006),               he is also assigned as Chairman of the Bank’s Risk     subsequently from 2013 to 2021, he served as President          Management Certification Refresher Programme Level
and Assistant Governor of Bank Indonesia (2007–2009).          Oversight Committee.                                   Commissioner of PT Swadarma Sarana Informatika.                 6, held by Indonesian Banker Association.
After his tenure at Bank Indonesia, Mr. Djoko Sarwono
joined the Indonesian Banking Development Institute            In 2025, Mr. Djoko Sarwono participated in the         Mr. Anas Malla earned a Bachelor of Laws degree from            Mr. Anas Malla has no affiliated relationships with
(LPPI) as Advisor to the Board of Directors concurrently       following competency development programme Risk        Universitas Trisakti, Jakarta (1989) and a Master of Laws       other members of the Board of Commissioners,
serving as Senior Faculty (2010–2015). From 2011               Management Certification Refresher Programme Level     from Tulane University, New Orleans, USA (1998).                members of the Board of Directors, or the Bank’s
to 2015, Mr. Djoko Sarwono served as President                 6, held by Indonesian Banker Association.                                                                              controlling shareholder.
Commissioner of Pefindo Rating Agency, later as                                                                       Based on the resolution of the EGMS on 16 September
President Commissioner of PT NISP Asset Management             Mr. Djoko Sarwono has no affiliated relationships      2011, Mr. Anas Malla was first appointed as Independent
(2013–2014), Vice President Commissioner of PT                 with other members of the Board of Commissioners,      Commissioner of the Bank, which was declared effective
Aberdeen Asset Management (2014–2015), and                     members of the Board of Directors, or the Bank’s       by Bank Indonesia on 24 November 2011. Mr. Anas
President Commissioner of Pefindo Biro Kredit                  controlling shareholder.                               Malla was reappointed as Independent Commissioner
(2014–2017).                                                                                                          of the Bank based on the resolution of the AGMS

Mr. Djoko Sarwono earned a Bachelor of Laws degree
from Universitas Trisakti, Jakarta (1975), a Master in
Public Administration (MPA) from the University of
Southern California, Los Angeles, USA (1984), and a
Doctor of Philosophy in Public Administration (DPA)
from the University of Southern California, Los Angeles,
California, USA (1990).




                                                                                                                                                                                                      PT Bank QNB Indonesia Tbk Annual Report 2025
Page 30
 56                                                                                                                                                                                                                                                 57
                   2025 Highlights                       Reports to Stakeholders                   Company Profile         Management Discussion and Analysis                  Corporate Governance (GCG)                Sustainability




                                                                                                                     Executive management profiles
Changes in the Board of Commissioners’ composition and the reasons for changes
Throughout 2025, the Board of Commissioners’ composition of PT Bank QNB Indonesia Tbk did not undergo any                               Adi Putra Perkasa                                                  Claudia Novita Tanod
changes. Accordingly, the composition and structure of the Board of Commissioners as of 31 December 2025 are                       Head of Information Technology                                            Head of Operations
as follows:                                                                                                                        Serving since 07/October/2025                                        Serving since 07/October/2025

Composition and Basis for the Appointment of the Board of Commissioners as of 31 December 2025                       Nationality          :   Indonesian Citizen                          Nationality          :   Indonesian Citizen

                                                                                                                     Age                  :   39 years old as of 31 December              Age                  :   37 years old as of 31 December
                                                      Legal Basis of
           Name                   Position                                  Term of Office           Term Period                              2025.                                                                2025.
                                                      Appointment
                                                                                                                     Domicile             :   DKI Jakarta                                 Domicile             :   Bogor-Jawa Barat
Fatma Al-Suwaidi                 President       AGMS on 30 May 2024     June 2021–August        2018–2021
                               Commissioner      (First appointment      2021                    2021–2024           Joined QNB           :   22 May 2023                                 Joined QNB           :   18 November 2024
                                                 at the EGMS on 17       2021–2024               2024-2027
                                                 December 2020)          2024-2027                                   Latest Education     :   S2/Computer Information                     Latest Education     :   S1/Ilmu Komunikasi /The London
                                                                                                                                              System/Boston University/2009                                        School of Public Relations -
Khalid Al-Sada                 Commissioner      AGMS on 30 May 2024     2019–2021               2019–2021                                                                                                         Jakarta/2011
                                                 (First appointment at   2021–2024               2021–2024           Work Experience      :   16 years
                                                 the AGMS on 26 June     2024-2027               2024-2027                                                                                Work Experience      :   13 years
                                                 2019)                                                               Legal Basis of       :   Board of Directors Decision
                                                                                                                     Appointment              Letter No. 054/SK-DIR/X/2025                Legal Basis of       :   Board of Directors Decision
Djoko Sarwono                   Independent      AGMS on 30 May 2024     2015–2018               2015–2018                                    on Appointment of Mr. Adi Putra             Appointment              Letter No. 056/SK-DIR/X/2025
                               Commissioner      (First appointment at   2018–2021               2018–2021                                    Perkasa as Head of Information                                       on Appointment of Mrs. Claudia
                                                 the EGMS on 9 October   2021–2024               2021–2024                                    Technology dated 07 October                                          Novita Tanod as Head of
                                                 2015)                   2024-2027               2024-2027                                    2025                                                                 Operations dated 07 October
                                                                                                                                                                                                                   2025
Muhammad Anas Malla             Independent      AGMS on 30 May 2024     2011–2012               2011–2012
                               Commissioner      (First appointment      2012–2015               2012–2015
                                                 at the EGMS on 16       2015–2018               2015–2018
                                                                                                                                   Carina Hastari Tanubrata                                             Haryuninglistia Setiantini
                                                 September 2011)         2018–2021               2018–2021
                                                                         2021–2024               2021–2024                            Head of Human Resources                                                 Chief Risk Officer
                                                                         2024-2027               2024-2027                         Serving since 20/March/2023                                          Serving since 31/January/2024

                                                                                                                     Nationality          :   Indonesian Citizen                         Nationality           :   Indonesian Citizen

                                                                                                                     Age                  :   47 years old as of 31 December             Age                   :   40 years old as of 31 December
                                                                                                                                              2025.                                                                2025.

                                                                                                                     Domicile             :   DKI Jakarta                                Domicile              :   DKI Jakarta

                                                                                                                     Joined QNB           :   20 March 2023                              Joined QNB            :   27 July 2020

                                                                                                                     Latest Education     :   S2/Master of Human Resource                Latest Education      :   S1/Matematika/Institut Teknologi
                                                                                                                                              Management/Monash                                                    Bandung/2007
                                                                                                                                              University/2002
                                                                                                                                                                                         Work Experience       :   18 years
                                                                                                                     Work Experience      :   24 years
                                                                                                                                                                                         Legal Basis of        :   Board of Directors Decision
                                                                                                                     Legal Basis of       :   Board of Directors Decision                Appointment               Letter No. 006/SK-DIR/I/2024
                                                                                                                     Appointment              Letter No. 007/SK-HRSD-ES/                                           on Appointment of Mrs.
                                                                                                                                              III/2023 on Appointment of Mrs.                                      Haryuninglistia Setiantini as Chief
                                                                                                                                              Carina Hastari Tanubrata as Head                                     Risk Officer dated 31 January
                                                                                                                                              of Human Resources dated 20                                          2024
                                                                                                                                              March 2023




                                                                                                                                                                                                           PT Bank QNB Indonesia Tbk Annual Report 2025
Page 31
58                                                                                                                                                                                                                                                                        59
                     2025 Highlights                           Reports to Stakeholders                         Company Profile              Management Discussion and Analysis                   Corporate Governance (GCG)                   Sustainability




                      Ibnu Gutomo                                                            Lius Pritantyo                                               Alfiana Gunawan                                                      Elvie Tanuwijaya
                 Head of Strategy Execution                                              Act. Chief Auditor                                             Head of Credit Reviewer                               Head of Transaction Banking & Wholesale Funding
                 Serving since 13/April/2023                                      Serving since 04/August/2025                                         Serving since 03/June/2025                                         Serving since 05/January/2024

Nationality           :   Indonesian Citizen                        Nationality              :   Indonesian Citizen                   Nationality           :   Indonesian Citizen                         Nationality           :       Indonesian Citizen

Age                   :   42 years old as of 31 December            Age                      :   46 years old as of 31 December       Age                   :   51 years old as of 31 December             Age                   :       52 years old as of 31 December
                          2025.                                                                  2025.                                                          2025.                                                                    2025.

Domicile              :   DKI Jakarta                               Domicile                 :   DKI Jakarta                          Domicile              :   DKI Jakarta                                Domicile              :       DKI Jakarta

Joined QNB            :   4 September 2014                          Joined QNB               :   7 July 2020                          Joined QNB            :   28 September 2018                          Joined QNB            :       2 January 2024

Latest Education      :   S1/Informasi Teknologi/                   Latest Education         :   S1/Teknik Informatika/Universitas    Latest Education      :   S1/Manajemen/Universitas Atma              Latest Education      :       S1/Bachelor of Commerce/
                          Universitas Bina Nusantara/2006                                        Bina Nusantara/2001                                            Jaya/1996                                                                Murdoch University/1996

Work Experience       :   21 years                                  Work Experience          :   25 years                             Work Experience       :   31 years                                   Work Experience       :       28 years

Legal Basis of        :   Board of Directors Decision Letter        Legal Basis of           :   Board of Directors Decision Letter   Legal Basis of        :   Board of Directors Decision                Legal Basis of        :       Board of Directors Decision
Appointment               No. 018/SK-DIR/V/2023 on                  Appointment                  No. 040/SK-DIR/VIII/2025 on          Appointment               Letter No. 031/SK-DIR/VI/2025              Appointment                   Letter No. 001/SK-DIR/I/2024
                          Appointment of Mr. Ibnu Gutomo                                         Appointment of Mr. Lius Pritantyo                              on Appointment of Mrs. Alfiana                                           on Appointment of Mrs. Elvie
                          as Head of Strategy Execution                                          as Acting Chief Auditor dated 04                               Gunawan as Head of Credit                                                Tanuwijaya as Head of Transaction
                          dated 13 April 2023                                                    August 2025                                                    Reviewer dated 03 June 2025                                              Banking & Wholesale Funding
                                                                                                                                                                                                                                         dated 05 January 2024




                  Andreea Wandiredja                                              Astrid Roselina L Toruan
           Head of Credit Policies & Governance                                      Wealth Management Head                                              Dennis Tanu Utomo                                                      Estrelita Lestari
                                                                                                                                                        Head of Client Coverage 1                                            Head of Operational Risk
              Serving since 27/November/2025                                      Serving since 19/August/2024
                                                                                                                                                    Serving since 27/November/2025                                        Serving since 08/January/2020
Nationality           :   Indonesian Citizen                        Nationality          :       Indonesian Citizen
                                                                                                                                      Nationality           :   Indonesian Citizen                          Nationality              :   Indonesian Citizen
Age                   :   43 years old as of 31 December            Age                  :       40 years old as of 31 December
                          2025.                                                                  2025.                                Age                   :   44 years old as of 31 December              Age                      :   50 years old as of 31 December
                                                                                                                                                                2025.                                                                    2025.
Domicile              :   DKI Jakarta                               Domicile             :       DKI Jakarta
                                                                                                                                      Domicile              :   DKI Jakarta                                 Domicile                 :   DKI Jakarta
Joined QNB            :   6 August 2015                             Joined QNB           :       19 August 2024
                                                                                                                                      Joined QNB            :   3 July 2023                                 Joined QNB               :   2 January 2020
Latest Education      :   S1/Akuntansi/Universitas STIE             Latest Education     :       S2/Magister Manajemen/
                          Perbanas/2004                                                          Universitas Gadjah Mada/2014         Latest Education      :   S1/International Business,                  Latest Education         :   S2/Master of Science/Hofstra
                                                                                                                                                                E-Business/Monash                                                        University/2001
Work Experience       :   21 years                                  Work Experience      :       19 years                                                       University/2003
                                                                                                                                                                                                            Work Experience          :   27 years
Legal Basis of        :   Board of Directors Decision               Legal Basis of       :       Board of Directors Decision          Work Experience       :   21 years
Appointment               Letter No. 071/SK-DIR/XI/2025             Appointment                  Letter No. 075/Srt-Kuasa-                                                                                  Legal Basis of           :   Board of Directors Decision Letter
                          on Appointment of Mr. Andreea                                          Dir(HRSD)/V/2025 dated 05 May        Legal Basis of        :   Board of Directors Decision                 Appointment                  No. 044/SK-HRSD-ES/I/2020
                          Wandiredja as Head of Credit                                           2025                                 Appointment               Letter No. 070/SK-DIR/XI/2025                                            on Appointment of Mrs. Estrelita
                          Policies & Governance dated 27                                                                                                        on Appointment of Mr. Dennis                                             Lestari as Head of Operational
                          November 2025                                                                                                                         Tanu Utomo as Head of Client                                             Risk dated 08 January 2020
                                                                                                                                                                Coverage 1 dated 27 November
                                                                                                                                                                2025




                                                                                                                                                                                                                             PT Bank QNB Indonesia Tbk Annual Report 2025
Page 32
60                                                                                                                                                                                                                                                               61
                     2025 Highlights                        Reports to Stakeholders                        Company Profile             Management Discussion and Analysis                   Corporate Governance (GCG)               Sustainability




                     Firdaus Effendi                                                       Grace Luzar                                            Inggrid Ratna Hindiyani                                            Joanna Deborah Rembeth
                    Chief Credit Officer                                            Head of Retail Banking                                  Head of Financial Crime Compliance                               Liabilities, QNB First & Digital Solution Head
              Serving since 05/August/2024                                     Serving since 04/March/2024                                      Serving since 09/January/2023                                        Serving since 27/November/2025

Nationality           :   Indonesian Citizen                     Nationality           :    Indonesian Citizen                   Nationality           :   Indonesian Citizen                          Nationality          :   Indonesian Citizen

Age                   :   45 years old as of 31 December         Age                   :    52 years old as of 31 December       Age                   :   51 years old as of 31 December              Age                  :   57 years old as of 31 December
                          2025.                                                             2025.                                                          2025.                                                                2025.

Domicile              :   DKI Jakarta                            Domicile              :    DKI Jakarta                          Domicile              :   DKI Jakarta                                 Domicile             :   DKI Jakarta

Joined QNB            :   5 August 2024                          Joined QNB            :    4 March 2024                         Joined QNB            :   9 January 2023                              Joined QNB           :   12 August 2024

Latest Education      :   S2/Magister Manajemen/                 Latest Education      :    S2/International Business/           Latest Education      :   S1/Akuntansi/Universitas                    Latest Education     :   S2/Magister Pendidikan/
                          Universitas Gadjah Mada/2012                                      University of Melbourne/2021                                   Padjadjaran/2000                                                     Universitas Pelita Harapan/2005

Work Experience       :   22 years                               Work Experience       :    30 years                             Work Experience       :   30 years                                    Work Experience      :   34 years

Legal Basis of        :   Board of Directors Decision            Legal Basis of        :    Board of Directors Decision Letter   Legal Basis of        :   Board of Directors Decision Letter          Legal Basis of       :   Board of Directors Decision
Appointment               Letter No. 048/SK-DIR/VII/2024         Appointment                No. 021/SK-DIR/III/2024 on           Appointment               No. 012/SK-HRSD-ES/I/2023                   Appointment              Letter No. 068/SK-DIR/XI/2025
                          on Appointment of Mr. Firdaus                                     Appointment of Mrs. Grace Luzar                                on Appointment of Mrs. Inggrid                                       Appointment of Mrs. Joanna
                          Effendi as Chief Credit Officer                                   as Head of Retail Banking dated                                Ratna Hindiyani as Head of                                           Deborah Rembeth as Liabilities,
                          dated 30 July 2024                                                04 March 2024                                                  Financial Crime Compliance dated                                     QNB First & Digital Solution Head
                                                                                                                                                           09 January 2023                                                      dated 27 November 2025




                 Goeroeh Andhi Djaja L                                                 Indah Mathilda                                                 Irwan Sukmana                                                              Karina
                    Head of IT Security                                           Head of Corporate Secretary                                      Head of Credit Remedial                                           Head of Regulatory Compliance
                 Serving since 05/May/2025                                         Serving since 11/May/2018                                   Serving since 04/September/2024                                       Serving since 07/October/2025

Nationality           :   Indonesian Citizen                     Nationality           :    Indonesian Citizen                   Nationality           :   Indonesian Citizen                          Nationality          :   Indonesian Citizen

Age                   :   54 years old as of 31 December         Age                   :    49 years old as of 31 December       Age                   :   51 years old as of 31 December              Age                  :   37 years old as of 31 December
                          2025.                                                             2025.                                                          2025.                                                                2025.

Domicile              :   DKI Jakarta                            Domicile              :    DKI Jakarta                          Domicile              :   Tangerang Selatan                           Domicile             :   DKI Jakarta

Joined QNB            :   3 February 2020                        Joined QNB            :    28 February 2018                     Joined QNB            :   4 September 2024                            Joined QNB           :   16 September 2020

Latest Education      :   S2/Teknologi Informasi/                Latest Education      :    D3/Sekretari/Akademi Sekretari       Latest Education      :   S2/Business Administration/The              Latest Education     :   S1/Accounting & Finance/Curtin
                          Universitas Indonesia/1999                                        Lembaga Pendidikan Kejuruan                                    University of Dallas/2001                                            University/2009
                                                                                            Tarakanita/1997
Work Experience       :   30 years                                                                                               Work Experience       :   19 years                                    Work Experience      :   15 years
                                                                 Work Experience       :    29 years
Legal Basis of        :   Board of Directors Decision                                                                            Legal Basis of        :   Board of Directors Decision                 Legal Basis of       :   Board of Directors Decision
Appointment               Letter No. 025/SK-DIR/V/2025           Legal Basis of        :    Board of Directors Decision Letter   Appointment               Letter No. 056/SK-DIR/IX/2024               Appointment              Letter No. 057/SK-DIR/X/2025
                          on Appointment of Mr. Goeroeh          Appointment                No. 005/SK-HMSD-HRBP/V/2018                                    on Appointment of Mr. Irwan                                          on Appointment of Mrs. Karina as
                          Andhi Djaja L as Head of IT                                       on Appointment of Mrs. Indah                                   Sukmana as Head of Credit                                            Head of Regulatory Compliance
                          Security dated 05 May 2025                                        Mathilda as Head of Corporate                                  Remedial dated 03 September                                          dated 07 October 2025
                                                                                            Secretary dated 11 May 2018                                    2024




                                                                                                                                                                                                                        PT Bank QNB Indonesia Tbk Annual Report 2025
Page 33
62                                                                                                                                                                                                                                                                               63
                     2025 Highlights                               Reports to Stakeholders                          Company Profile              Management Discussion and Analysis                    Corporate Governance (GCG)                     Sustainability




               Katucha Aisyah Oktaviani                                                   Novia Valencia Wibowo                                           Putu Arimbawa, ST. MSC                                                   Tifany Marisa Putrinda
                  Financial Reporting Head                                                  Head of Credit Analyst                                          Head of Client Coverage 2                                        Head of Corporate Communication
              Serving since 01/December/2025                                           Serving since 02/January/2023                                     Serving since 24/December/2025                                         Serving since 07/October/2025


Nationality               :   Indonesian Citizen                         Nationality              :   Indonesian Citizen                   Nationality           :   Indonesian Citizen                          Nationality            :       Indonesian Citizen

Age                       :   28 years old as of 31 December             Age                      :   46 years old as of 31 December       Age                   :   41 years old as of 31 December              Age                    :       39 years old as of 31 December
                              2025.                                                                   2025.                                                          2025.                                                                      2025.

Domicile                  :   Depok- Jawa Barat                          Domicile                 :   DKI Jakarta                          Domicile              :   Bekasi-Jawa Barat                           Domicile               :       DKI Jakarta

Joined QNB                :   23 May 2022                                Joined QNB               :   2 January 2023                       Joined QNB            :   24 December 2025                            Joined QNB             :       5 August 2019

Latest Education          :   S1/Akutansi/Universitas                    Latest Education         :   S1/Teknik Industri/Universitas       Latest Education      :   S2/Administrasi Bisnis/Institut             Latest Education       :       S1/Marketing & Management/
                              Brawijaya/2019                                                          Pelita Harapan/2002                                            Teknologi Bandung/2021                                                     Curtin University/2008

Work Experience           :   7 years                                    Work Experience          :   22 years                             Work Experience       :   17 years                                    Work Experience        :       17 years

Legal Basis of            :   Board of Directors Decision Letter         Legal Basis of           :   Board of Directors Decision Letter   Legal Basis of        :   Board of Directors Decision                 Legal Basis of         :       Board of Directors Decision
Appointment                   No. 116/Srt-Kuasa-Dir(HRSD)/               Appointment                  No. 001/SK-HRSD-ES/I/2023            Appointment               Letter No. 075/SK-DIR/XII/2025              Appointment                    Letter No. 052/SK-DIR/X/2025
                              XII/2025 dated 01 December                                              on Appointment of Mrs. Novia                                   on Appointment of Mr. Putu                                                 on Appointment of Mrs. Tifany
                              2025                                                                    Valencia Wibowo as Head of                                     Arimbawa as Head of Client                                                 Marisa Putrinda as Head of
                                                                                                      Credit Analyst dated 02 January                                Coverage 2 dated 24 December                                               Corporate Communication dated
                                                                                                      2023                                                           2025                                                                       07 October 2025




              Mohammad Emirza Ihsan                                                       Mutiara Febriana DS                                                 Riansa Setya Putra                                                Vitriana Puspadewi Anggoro
        Head of Treasury & Financial Institution                                    Head of Budgeting, Planning & MIS                                    Head of Financial Reporting Risk                                         Head of Credit Administration
                 Serving since 05/May/2025                                             Serving since 05/January/2024                                      Serving since 03/February/2025                                           Serving since 21/May/2024

Nationality           :       Indonesian Citizen                        Nationality           :       Indonesian Citizen                   Nationality           :   Indonesian Citizen                           Nationality               :   Indonesian Citizen

Age                   :       57 years old as of 31 December            Age                   :       48 years old as of 31 December       Age                   :   35 years old as of 31 December               Age                       :   42 years old as of 31 December
                              2025.                                                                   2025.                                                          2025.                                                                      2025.

Domicile              :       DKI Jakarta                               Domicile              :       DKI Jakarta                          Domicile              :   Serang - Banten                              Domicile                  :   Tangerang

Joined QNB            :       2 May 2025                                Joined QNB            :       2 January 2024                       Joined QNB            :   27 May 2024                                  Joined QNB                :   21 August 2017

Latest Education      :       S1/Arsitektur/Universitas                 Latest Education      :       S1/Akuntansi/Universitas             Latest Education      :   S1/Ilmu Administrasi Fiskal/                 Latest Education          :   S1/Ilmu Hukum/Universitas Islam
                              Indonesia/1991                                                          Indonesia/1999                                                 Universitas Indonesia/2012                                                 Bandung/2004

Work Experience       :       33 years                                  Work Experience       :       18 years                             Work Experience       :   14 years                                     Work Experience           :   22 years

Legal Basis of        :       Board of Directors Decision Letter        Legal Basis of        :       Board of Directors Decision          Legal Basis of        :   Board of Directors Decision                  Legal Basis of            :   Board of Directors Decision
Appointment                   No. 021/SK-DIR/V/2025 on                  Appointment                   Letter No. 002/SK-DIR/I/2024         Appointment               Letter No. 012/SK-DIR/II/2025                Appointment                   Letter No. 035/SK-DIR/V/2024
                              Appointment of Mr. Moh Emirza                                           on Appointment of Mrs.                                         on Appointment of Mr. Riansa                                               on Appointment of Mrs. Vitriana
                              Ihsan as Head of Treasury &                                             Mutiara Febriana DS as Head of                                 Setya Putra as Head of Financial                                           Puspadewi Anggoro as Head of
                              Financial Institution dated 05 May                                      Budgeting, Planning & MIS dated                                Reporting Risk dated 3 February                                            Credit Administration dated 21
                              2025                                                                    05 January 2024                                                2025                                                                       May 2024




                                                                                                                                                                                                                                    PT Bank QNB Indonesia Tbk Annual Report 2025
Page 34
 64                                                                                                                                                                                                                                          65
                   2025 Highlights                        Reports to Stakeholders                Company Profile            Management Discussion and Analysis                Corporate Governance (GCG)           Sustainability




Human resources
Human Resources Management at QNB Indonesia                   In managing Human Resources, the Bank consistently        Number of employees by job level
is carried out in compliance with prevailing labor            strives to implement strategic programmes focused                                                                                                                       (personnel)
regulations in Indonesia, particularly Law No. 13 of          on employee development. These initiatives aim to
2003 on manpower and its amendments through Law               create a highly skilled and competitive workforce
No. 6 of 2023, chapter IV on employment, as well as           capable of fostering a productive work environment and                            Position                                    2025                            2024
common labor practices implemented in the country.            delivering optimal contributions to support the Bank’s
This encompasses all essential aspects, including             performance and growth. Throughout 2025, the Human        Senior Executive Vice President (SEVP) and Director                   8                               8
workforce planning, recruitment and selection,                Resources Division has carried out various programmes
career development, performance management, the               designed to strengthen competencies, enhance              Executive Vice President (EVP)                                        4                               5
establishment of a competitive remuneration structure,        engagement, and ensure employee well-being as part of
and the provision of social security and pension              the Bank’s commitment to sustainable human resources      Senior Vice President (SVP)                                          14                               19
programmes for employees.                                     management. The following are the key programmes
                                                                                                                        Vice President (VP)                                                  30                               43
                                                              implemented during 2025 and to be implemented
All these practices reflect the Company’s commitment          in 2026:
                                                                                                                        Assistant Vice President (AVP)                                       35                               45
to upholding rights and obligations of employment,            1. Implementation of medical check-ups for
thereby fostering harmonious industrial relations in               all employees.                                       Senior Manager (SMgr)                                                36                               53
accordance with applicable laws and regulations. The          2. Positioning the Organisationl Structure to support
Bank believes that implementing comprehensive                      Bankwide Strategy 2025.                              Manager (Mgr)                                                        27                               42
human resources management will enhance employee              3. Employee satisfaction survey.
engagement and loyalty, enabling them to work with full       4. Negotiation of the Collective Labor Agreement          Assistant Manager (AMgr)                                             32                               39
dedication toward achieving the business objectives set       5. HR Asia Award.
by the Bank.                                                  6. New employee benefits (Birthday Leave, Pension         Senior Officer (SO)                                                  38                               55
                                                                   Fund Programme, Employee Education Scholarship
                                                                   Programme, Employee Emergency Loan                   Officer (O)                                                          26                               37
                                                                   Programme).
                                                                                                                        Senior Staff                                                         18                               33

                                                                                                                        Staff                                                                 6                               24

                                                                                                                        Total                                                               274                              403

Employee demographics
The Bank conducts a recruitment process to ensure that the workforce size
remains appropriate to support the business growth. By December 2025, the
Bank’s total employees is at 274.                                                                                       Number of employees based on educational level
                                                                                                                                                                                                                                       (personnel)



                                                                                                                                                Education                                   2025                            2024
Number of employees by gender
                                                                                                          (personnel)
                                                                                                                        Master’s Degree/Doctoral Degree                                      29                               41

                        Gender                                    2025                           2024                   Bachelor’s Degree                                                    212                             303

Male                                                               136                            203                   Diploma 3                                                            24                               38

Female                                                             138                           200                    Diploma 1                                                            0                                2

Total                                                              274                           403                    Senior High School                                                    9                               18

                                                                                                                        Junior High School                                                   0                                 1

                                                                                                                        Total                                                               274                              403




                                                                                                                                                                                                      PT Bank QNB Indonesia Tbk Annual Report 2025
Page 35
 66                                                                                                                                                                                                                          67
                  2025 Highlights                 Reports to Stakeholders   Company Profile             Management Discussion and Analysis                  Corporate Governance (GCG)            Sustainability




Number of employees based on age group                                                            Competency development programmes and the costs
                                                                                    (personnel)   The Bank provides a series of training and human resource development programmes
                                                                                                  as a form of commitment to creating added value for every individual within the Bank.
                                                                                                  This enhancement includes providing competency training and development through
                         Age                              2025              2024
                                                                                                  seminars, workshops, and certifications both domestically and abroad. All employees
                                                                                                  have equal rights to participate in the training and development programmes organised
>= 55 years old                                             4                7
                                                                                                  in accordance with the Bank’s policies and regulations.
50-54 years old                                             27               50
                                                                                                  In 2025, the Bank’s employees participated in an average of 42.5 training hours per year
45–49 years old                                             46               51                   for knowledge and competency enhancement programmes across various fields, with
                                                                                                  total spending of IDR6,340,290,178.-. The following is the list of training or knowledge
40–44 years old                                             54               91                   and competency enhancement programmes attended by the Bank’s employees
                                                                                                  throughout 2025.
35–39 years old                                             66               88
                                                                                                  List of training and development activities at QNB Indonesia
30–34 years old                                             46               63

25–29 years old                                            20                33
                                                                                                       No                  Programme Name                           Type            Start           End            Organiser
20–24 years old                                             11               20
                                                                                                   1        Dissemination of the New Product Approval Policy
                                                                                                                                                               Internal         1/10/2025      1/10/2025        Internal
Total                                                      274              403                             Template

                                                                                                   2        Training on Transaction Banking & Wholesale
                                                                                                                                                               Internal         1/7/2025       1/7/2025         Internal
                                                                                                            Banking Vision & Product Alignment
Number of employees based on employment status
                                                                                                   3        “Generative AI, Data Science and Cybersecurity”
                                                                                    (personnel)                                                                External         1/1/2025       12/31/2025       External
                                                                                                            Programme

                                                                                                   4        QFX Online Certification 2025                      E-Learning       1/1/2025       12/31/2025       E-Learning
                  Employment Status                       2025              2024
                                                                                                   5                                                           Certification/
                                                                                                            Retail Banking Licensing                                            1/1/2025       12/31/2025       Internal
Permanent Employees                                        260              375                                                                                Accreditation

Contract Employees                                          14               28                    6                                                           Certification/
                                                                                                            Training on Design & Training Delivery – BNSP                       2/5/2025       2/7/2025         External
                                                                                                                                                               Accreditation
Total                                                      274              403
                                                                                                   7        Dissemination of Wholesale Banking Credit
                                                                                                                                                               Internal         1/6/2025       1/6/2025         Internal
                                                                                                            Procedures 2025 [Batch 2]

                                                                                                   8        E-Learning on Personal Data Protection (PDP)
Number of employees based on period of services                                                                                                                E-Learning       2/1/2025       12/31/2025       E-Learning
                                                                                                            2025
                                                                                    (personnel)
                                                                                                   9        E-Learning on Internal Audit Module 2025           E-Learning       3/1/2025       12/31/2025       E-Learning

                  Period of Services                      2025              2024                   10       IT Project Management Procedure                    Internal         1/15/2025      1/15/2025        Internal

<1 / year                                                   13               78                    11       Sharing Session - Equation Behavior                Internal         1/17/2025      1/17/2025        Internal

1–5 / years                                                128              129                    12       Training on Optimising Daily Work with AI          External         1/30/2025      1/30/2025        External

6–10 / years                                                59               85                    13       E-Learning on Anti-Fraud Management &
                                                                                                                                                               E-Learning       3/1/2025       12/31/2025       E-Learning
                                                                                                            Investigation 2025 New Module
11–15 / years                                               45               64
                                                                                                   14       E-Learning on APU, PPT, dan PPPSPM 2025 New
                                                                                                                                                               E-Learning       3/1/2025       12/31/2025       E-Learning
16–20 / years                                               16               20                             Module

>= 21 / years                                               13               27

Total                                                      274              403




                                                                                                                                                                                     PT Bank QNB Indonesia Tbk Annual Report 2025
Page 36
68                                                                                                                                                                                                                                        69
                 2025 Highlights                        Reports to Stakeholders                 Company Profile        Management Discussion and Analysis                 Corporate Governance (GCG)            Sustainability




No                   Programme Name                        Type            Start       End           Organiser    No                      Programme Name                          Type            Start           End            Organiser

15   E-Learning on QNB Sustainable Finance 2025       E-Learning       3/1/2025    12/31/2025      E-Learning     36      Workshop on Financial Statement Integrity POJK
                                                                                                                                                                             External         2/20/2025      2/21/2025        External
                                                                                                                          15 of 2024
16   Dissemination of AyoBantu – January Batch        Internal         1/24/2025   1/24/2025       Internal
                                                                                                                  37      Training: Fundamentals of Trade Services, Trade
                                                                                                                                                                             Internal         2/22/2025      2/22/2025        Internal
17   Treasury Certification Programme Level 6         External         1/18/2025   1/19/2025       External               Finance, Supply Chain Finance & Guarantees

18   Competency Test for Certification &                                                                          38      Dissemination on Building Personal Branding
                                                      Certification/                                                                                                         Internal         2/25/2025      2/27/2025        Internal
     Recertification of Risk Management Level 4 &                      1/17/2025   1/20/2025       External               through LinkedIn
                                                      Accreditation
     Level 5
                                                                                                                  39      Dissemination & Launching of the Indonesian
19   E-Learning on Personal Data Protection (PDP)                                                                         Payment System Professional Certification          External         2/4/2025       2/4/2025         External
                                                      E-Learning       1/1/2025    12/31/2025      E-Learning
     2025 for New Joiner                                                                                                  Institute (LSP SPI)

20   E-Learning on Internal Audit Module 2025 for                                                                 40      Briefing & Risk Management Certification Test      Certification/
                                                      E-Learning       1/1/2025    12/31/2025      E-Learning                                                                                 2/10/2025      3/7/2025         External
     New Joiner                                                                                                           Level 5                                            Accreditation

21   E-Learning on APU, PPT, dan PPPSPM 2025 for                                                                  41      Briefing & Risk Management Certification Test      Certification/
                                                      E-Learning       1/1/2025    12/31/2025      E-Learning                                                                                 2/10/2025      3/7/2025         External
     New Joiner                                                                                                           Level 4                                            Accreditation

22   E-Learning on Anti-Fraud Management &                                                                        42      Webinar: The Role of GRC in Enhancing Investor
                                                      E-Learning       1/1/2025    12/31/2025      E-Learning                                                                External         2/25/2025      2/25/2025        External
     Investigation 2025 for New Joiner                                                                                    Confidence and Financial Sector Stability

23   E-Learning on Sanction Awareness 2025            E-Learning       3/1/2025    12/31/2025      E-Learning     43      Webinar: Economic and Financial Outlook in 2025    External         2/20/2025      2/20/2025        External

24   E-Learning on Sanction Awareness 2025 for New                                                                44      Corporate Financial Institute Online Course &      Certification/
                                                      E-Learning       1/1/2025    12/31/2025      E-Learning                                                                                 3/5/2025       3/5/2026         External
     Joiner                                                                                                               Certification                                      Accreditation

25   E-Learning on Cyber Awareness 2025               E-Learning       3/1/2025    12/31/2025      E-Learning     45      Excel BI Tools for Transforming and Data
                                                                                                                                                                             External         3/4/2025       3/4/2025         External
                                                                                                                          Modelling
26   E-Learning on Cyber Awareness 2025 for New
                                                      E-Learning       1/1/2025    12/31/2025      E-Learning
     Joiner                                                                                                       46      Dissemination of AyoBantu – March Batch            Internal         3/17/2025      3/17/2025        Internal

27   E-Learning on QNB Sustainable Finance 2025 for                                                               47      Risk Management Certification Refreshment          Certification/
                                                      E-Learning       1/1/2025    12/31/2025      E-Learning                                                                                 4/24/2025      4/25/2025        External
     New Joiner                                                                                                           Level 6                                            Accreditation

28   E-Learning on Risk Awareness 2025 for New                                                                    48      Training on ISO20022 Payment Message               Inhouse          3/22/2025      3/22/2025        External
                                                      E-Learning       1/1/2025    12/31/2025      E-Learning
     Joiner
                                                                                                                  49      Programme - Certified Information Security
                                                                                                                                                                             External         6/9/2025       6/13/2025        External
29   Banking Talent Future Readiness                  External         2/26/2025   2/26/2025       External               System Professional (CISSP)

30   Coordination Meeting on the Projection of                                                                    50      Webinar: Data Driven Decision Making Using
                                                      External         2/8/2025    2/8/2025        External                                                                  External         3/22/2025      3/22/2025        External
     Banking Rupiah Cash Requirements                                                                                     Generative AI Tools

31   Data Management & Analysis in Excel 2016         External         2/19/2025   2/20/2025       External       51      Module for Preparation of Certified Internal
                                                                                                                                                                             External         3/19/2025      3/19/2025        External
                                                                                                                          Auditor (CIA)
32   Induction Class 2025 for New Joiner Batch 1      Internal         2/20/2025   2/20/2025       Internal
                                                                                                                  52      PBK Programme & Competency Test for SK SP          Certification/
                                                                                                                                                                                              3/20/2025      3/22/2025        External
33   Induction Class for Director                     Internal         2/14/2025   2/14/2025       Internal               Fund Transfer Management Level 5                   Accreditation

34                                                    Certification/                                              53      Certified Information Systems Security             Certification/
     SMR Certification Test Level 7                                    2/14/2025   2/14/2025       External                                                                                   11/24/2025     11/28/2025       External
                                                      Accreditation                                                       Professional (CISSP)                               Accreditation

35   Dissemination of Information System of                                                                       54      OJK Webinar Commemorating Kartini Day 2025
     Fraudulers in the Financial Service Sector       Internal         2/14/2025   2/14/2025       Internal               “Empowered, Intelligent, and Integrity-Driven      External         4/22/2025      4/22/2025        External
     (SIPELAKU)                                                                                                           Women Towards Golden Indonesia”




                                                                                                                                                                                                   PT Bank QNB Indonesia Tbk Annual Report 2025
Page 37
70                                                                                                                                                                                                                                             71
                 2025 Highlights                          Reports to Stakeholders                Company Profile        Management Discussion and Analysis                  Corporate Governance (GCG)            Sustainability




No                   Programme Name                          Type            Start       End          Organiser    No                      Programme Name                           Type            Start           End            Organiser

55   Risk Management Certification Preparation                                                                     74      OJK Institute Webinar “The Urgency of Green
                                                        External         2/12/2025   2/12/2025      External
     Programme Level 5                                                                                                     Financial Transparency in Financial Services        External         5/26/2025      5/26/2025        External
                                                                                                                           Institutions”
56   Training on Data Management and Analysis in
                                                        External         4/15/2025   4/16/2025      External
     Excel 2016 Advanced (Batch 1)                                                                                 75      On The Job Training to QNB Group Treasury           External         5/12/2025      5/15/2025        External

57   Training on Managing and Presenting Business                                                                  76      E-Learning on Business Continuity Coordinators
                                                        External         4/14/2025   4/14/2025      External                                                                   E-Learning       5/19/2025      6/20/2025        E-Learning
     Data in Excel 2016 – Intermediate (Batch 1)                                                                           Awareness 2025

58   E-Learning on Anti-Fraud Management &                                                                         77      Training on Introduction to Bond Products by
                                                        E-Learning       1/1/2025    8/31/2025      E-Learning                                                                 External         5/22/2025      5/22/2025        External
     Investigation 2025                                                                                                    Trimegah Sekuritas

59   Dissemination of Ayo Bantu System – Information                                                               78      Training of Trainers Cinta, Bangga, Paham Rupiah
                                                        Internal         4/28/2025   4/28/2025      Internal                                                                   External         5/18/2025      5/20/2025        External
     Technology Division Batch 1                                                                                           2025

60   Training on Managing and Presenting Business                                                                  79      Capacity Building and Evaluation of Banking
                                                        External         4/25/2025   4/25/2025      External
     Data in Excel 2016 – Intermediate (Batch 2)                                                                           Deposit and Withdrawal Activities in West Java      External         5/29/2025      5/31/2025        External
                                                                                                                           2025
61   Training on Data Management and Analysis in
                                                        External         4/28/2025   4/29/2025      External
     Excel 2016 Advanced (Batch 2)                                                                                 80      Book Review: “Diorama of Sustainable Finance in
                                                                                                                                                                               External         6/3/2025       6/3/2025         External
                                                                                                                           Indonesia” OJK Institute 2025
62   FGD: Preparation of Draft RPOJK on the
     Utilisation of Foreign Workers and Knowledge       External         4/30/2025   4/30/2025      External       81      Artificial Intelligence (AI) Training 2025          Inhouse          6/4/2025       6/11/2025        External
     Transfer Programmes in the Banking Sector
                                                                                                                   82      Briefing & Risk Management Certification Test       Certification/
                                                                                                                                                                                                6/16/2025      6/30/2025        External
63   Tax Training “Corporate Income Tax + Coretax”      External         5/21/2025   5/22/2025      External               Level 4 – June Batch                                Accreditation

64   Induction Class for New Joiner Batch 2             Internal         5/8/2025    5/8/2025       Internal       83      Briefing & Risk Management Certification Test       Certification/
                                                                                                                                                                                                6/12/2025      6/30/2025        External
                                                                                                                           Level 5 – June Batch                                Accreditation
65   Professional Business English Course               Inhouse          5/12/2025   7/31/2025      External
                                                                                                                   84      Preparation Programme & WPPEP Test for              Certification/
                                                                                                                                                                                                5/1/2025       7/31/2025        External
66   Dissemination of AyoBantu System – Information                                                                        Treasury Team                                       Accreditation
                                                        Internal         5/5/2025    5/5/2025       Internal
     Technology Division Batch 2
                                                                                                                   85      Forum Group Discussion Artajasa: Information
                                                                                                                                                                               External         5/15/2025      5/16/2025        External
67   Risk Management Certification Refreshment          Certification/                                                     System Security and Cyber Resilience
                                                                         5/23/2025   5/23/2025      External
     Level 7                                            Accreditation
                                                                                                                   86      Dissemination on the Company's Policy on Black
                                                                                                                                                                               Internal         6/3/2025       6/3/2025         Internal
68   Training on Effective Strategies for Coretax                                                                          Out Period and Insider Trading
                                                        External         5/19/2025   5/20/2025      External
     Implementation in Article 21 Income Tax
                                                                                                                   87      Training on PSAK 71, 72, 73                         External         7/28/2025      7/29/2025        External
69   Refreshment: Risk Control Self Assessment 2025     Internal         5/6/2025    5/6/2025       Internal
                                                                                                                   88      Training on Concepts & Implementation Updates
                                                                                                                                                                               External         8/11/2025      8/12/2025        External
70   Briefing & Risk Management Certification Test      Certification/                                                     of Coretax on WHT, VAT, and Final Income Tax
                                                                         5/19/2025   5/20/2025      External
     Level 4 – May Batch                                Accreditation
                                                                                                                   89      Gayeng Perkasa 2025 Activity with Bank
                                                                                                                                                                               External         6/20/2025      6/22/2025        External
71   Briefing & Risk Management Certification Test      Certification/                                                     Indonesia East Java
                                                                         5/21/2025   5/22/2025      External
     Level 5 – May Batch                                Accreditation
                                                                                                                   90      Managing and Presenting Business Data in Excel
                                                                                                                                                                               External         6/18/2025      6/18/2025        External
72                                                      Certification/                                                     2016 – June Batch
     Briefing & Competency Test for SKSP Level 6                         5/19/2025   7/31/2025      External
                                                        Accreditation
                                                                                                                   91      Dissemination of PADG on Money Market
73   Induction Class for Head of Treasury & Financial                                                                      Transactions and PADG on Supporting
                                                        Internal         5/9/2025    5/9/2025       Internal
     Institution                                                                                                           Institutions for Money Market and Foreign
                                                                                                                                                                               External         6/11/2025      6/11/2025        External
                                                                                                                           Exchange Market Transactions and Supporting
                                                                                                                           Professions for Money Market and Foreign
                                                                                                                           Exchange Market




                                                                                                                                                                                                     PT Bank QNB Indonesia Tbk Annual Report 2025
Page 38
72                                                                                                                                                                                                                                                 73
                  2025 Highlights                          Reports to Stakeholders                Company Profile         Management Discussion and Analysis                      Corporate Governance (GCG)            Sustainability




 No                  Programme Name                           Type            Start       End          Organiser    No                        Programme Name                              Type            Start           End            Organiser

92    Workshop on Identification of Suspicious                                                                      112      Talent Management Summit                                External         7/2/2025       7/3/2025         External
      Financial Transactions & Determination of          External         7/9/2025    7/10/2025      External
      Indications of Predicate Crimes                                                                               113      Training on Asset Recovery Management
                                                                                                                                                                                     External         8/7/2025       8/8/2025         External
                                                                                                                             Strategies through Litigation Settlement
93    Treasury Certification Maintenance Programme
                                                         External         6/21/2025   6/21/2025      External
      Level 5                                                                                                       114      Training on Risk Mitigation of the Implications
                                                                                                                             of the Personal Data Protection Law on the
                                                                                                                                                                                     External         7/24/2025      7/25/2025        External
94    Training on QFT Application                        External         6/25/2025   6/26/2025      External                Implementation of Cybersecurity in the Banking
                                                                                                                             Industry
95    Annual Meeting of the National Blacklist
                                                         External         6/20/2025   6/20/2025      External
      Management Office (KPDHN) 2025                                                                                115      Sharing session: Basic Finance on Financial
                                                                                                                                                                                     Sharing
                                                                                                                             Statement (How to understand Financial                                   7/23/2025      7/23/2025        Internal
                                                                                                                                                                                     Session
96    Learning Session in Team Building Finance          Sharing                                                             Statement)
                                                                          5/24/2025   5/25/2025      Internal
      Directorate                                        Session
                                                                                                                    116      Sharing Session Artificial Intelligence - Operations    Sharing
                                                                                                                                                                                                      7/28/2025      7/28/2025        Internal
97    Bloomberg Indonesia Seminar                        External         7/3/2025    7/24/2025      External                Division                                                Session

98    Webinar "Agentic AI in Finance: A New Era of                                                                  117      Training Data Visualisation and Data Blending with
                                                         External         7/3/2025    7/3/2025       External                                                                        External         7/21/2025      7/24/2025        External
      Autonomous Decision Making”                                                                                            Tableau

99    Dissemination of Outsourcing Cooperation                                                                      118      Sharing Session Artificial Intelligence - HR
                                                         Internal         6/12/2025   6/12/2025      Internal                                                                        Internal         7/11/2025      7/11/2025        Internal
      Agreement (PKS)                                                                                                        Division

100   Dissemination of SIPEDULI (Consumer Education                                                                 119      Dissemination of AyoBantu – July Batch                  Internal         7/21/2025      7/21/2025        Internal
      and Protection Reporting System) – Financial
                                                         Internal         6/19/2025   6/19/2025      Internal
      Literacy and Inclusion Report Module and                                                                      120      Training Trade Finance                                  External         7/22/2025      7/23/2025        External
      Complaint Handling Service Report
                                                                                                                    121      AAJI Webinar: Invitation Letter for Marketing
                                                                                                                                                                                     External         7/22/2025      7/22/2025        External
101   Dissemination “Breaking the Scam Chain: Synergy                                                                        Workforce Inclusion Webinar Q2 2025
      and Consumer Protection Strategies in the          External         6/26/2025   6/26/2025      External
      Financial Sector”                                                                                             122      Risk Management Certification Refreshment               Certification/
                                                                                                                                                                                                      7/28/2025      7/28/2025        External
                                                                                                                             Level 4                                                 Accreditation
102   SKSP Programme Level 5 in Payment Transaction
                                                         External         6/23/2025   6/25/2025      External
      Processing                                                                                                    123      Sharing Session Artificial Intelligence - Internal      Sharing
                                                                                                                                                                                                      7/31/2025      7/31/2025        Internal
                                                                                                                             Audit Division                                          Session
103   Beyond the Buzz: Creating Meaningful
                                                         External         6/26/2025   6/26/2025      External
      Engagement that Lasts                                                                                         124      Dissemination, Coaching Clinic, and Industrial
                                                                                                                             Test of the Online Reporting System for the             External         7/29/2025      7/30/2025        External
104   Learning Session in Team Engagement Finance                                                                            Payment System SK
                                                         External         5/24/2025   5/24/2025      External
      Directorate
                                                                                                                    125      Webinar HR Asia Future HR: AI, Aging & Asia             External         7/2/2025       7/2/2025         External
105   Execution Strategy Financial Planning: Market
      Potential Analysis in Preparing Work Plans and     External         7/24/2025   7/25/2025      External       126      Dissemination of PADG Number 14 of 2025 on
      Financial Projections                                                                                                  the Second Amendment to PADG Number 17 of               External         7/14/2025      7/14/2025        External
                                                                                                                             2023 on the Implementation of BI-Fast
106   Collaboration of Humans and AI                     External         7/16/2025   7/16/2025      External
                                                                                                                    127      Learning Forum: Health Talk August Batch 2025           Inhouse          8/22/2025      8/22/2025        External
107   Sharing Session Payment Process & Tax Update       Sharing
                                                                          7/18/2025   7/18/2025      Internal
      - CoreTax                                          Session                                                    128      Masterclass on Personal Data Protection:
                                                                                                                             Mastering Theory, Regulations, and                      External         8/5/2025       8/6/2025         External
108   Training PPN for Banking                           External         7/17/2025   7/17/2025      External                Implementation

109   Training on VAT for Banking                        External         7/17/2025   7/17/2025      External       129      Sharing Session: How to understand Financial
                                                                                                                                                                                     Sharing
                                                                                                                             Statement for Corporate Secretary & Corporate                            8/6/2025       8/6/2025         Internal
                                                                                                                                                                                     Session
                                                                                                                             Communication
110                                                      Certification/
      Risk Management Certification Test (SMR) Level 5                    7/12/2025   7/12/2025      External
                                                         Accreditation                                              130      Sharing Session Artificial Intelligence - Risk          Sharing
                                                                                                                                                                                                      8/6/2025       8/6/2025         Internal
                                                                                                                             Directorate                                             Session
111   Retirement Preparation Training 2025               Inhouse          7/21/2025   7/23/2025      External




                                                                                                                                                                                                           PT Bank QNB Indonesia Tbk Annual Report 2025
Page 39
74                                                                                                                                                                                                                                                      75
                   2025 Highlights                              Reports to Stakeholders                Company Profile         Management Discussion and Analysis                   Corporate Governance (GCG)               Sustainability




No                     Programme Name                              Type            Start       End          Organiser    No                       Programme Name                               Type            Start           End            Organiser

131   Sharing Session Artificial Intelligence - Retail                                                                   152      Katadata Sustainability Action for the Future
                                                              Internal         8/1/2025    8/1/2025       Internal                                                                        External         9/10/2025      9/11/2025        External
      Banking Directorate                                                                                                         Economy (SAFE) 2025

132   Sharing Session Phishing Knowledge for Retail                                                                      153      Actuarial Training PSAK 219 by WTW                      Inhouse          9/10/2025      9/10/2025        External
                                                              Internal         8/1/2025    8/1/2025       Internal
      Banking Directorate
                                                                                                                         154      First Aid Training (K3 Training) 2025                   Inhouse          9/29/2025      9/29/2025        External
133   Sharing Session Artificial Intelligence - Credit
                                                              Internal         7/31/2025   7/31/2025      Internal
      Directorate                                                                                                        155      Treasury Management Training for Operation
                                                                                                                                                                                          Inhouse          9/27/2025      9/27/2025        External
                                                                                                                                  Team
134   Sharing Session Artificial Intelligence - Treasury
                                                              Internal         7/30/2025   7/30/2025      Internal
      Division                                                                                                           156      Learning Forum : Health Talk with Yayasan
                                                                                                                                                                                          Inhouse          9/26/2025      9/26/2025        External
                                                                                                                                  Jantung Indonesia
135   Dissemination of Third-Party Risk Management            Internal         8/8/2025    8/8/2025       Internal
                                                                                                                         157      Strategic Execution Training (Think, Plan &
                                                                                                                                                                                          External         9/16/2025      9/17/2025        External
136   Sharing session: Basic Finance on Financial                                                                                 Execute)
      Statement (How to understand Financial                  Internal         8/11/2025   8/11/2025      Internal
      Statement) Batch 2                                                                                                 158      Training on Legal Drafting and Legal
                                                                                                                                                                                          External         10/23/2025     10/23/2025       External
                                                                                                                                  Documentation
137   Training on Anti-Bribery Management System,
      Gratification Control, and Anti-Corruption              External         8/14/2025   8/15/2025      External       159      Clearing Communication Forum Activity 2025              External         9/26/2025      9/28/2025        External
      Management in the Corporate Sector
                                                                                                                         160      Artificial Intelligence (AI) Training 2025 - Phase 2:
                                                                                                                                                                                          Inhouse          9/30/2025      10/31/2025       External
138   Risk Management Certification Refreshment               Certification/                                                      AI Compliance Module
                                                                               8/1/2025    8/1/2025       External
      Level 5                                                 Accreditation
                                                                                                                         161      Risk Management Certification Programme Level           Certification/
                                                                                                                                                                                                           9/18/2025      9/19/2025        External
139   Training on Budget: Planning, Controlling &                                                                                 5 – September Batch 2025                                Accreditation
                                                              External         8/11/2025   8/12/2025      External
      Analyzing
                                                                                                                         162      Dissemination of Bank Indonesia Application for
                                                                                                                                                                                          External         9/22/2025      9/22/2025        External
140   Guide to CAFP & CAFP Examination                        External         8/19/2025   8/20/2025      External                Cash Services Information System Gen 2

141                                                           Sharing                                                    163      Compliance and APU-PPT Certification                    Certification/
      Dissemination of Board Approval Process                                  8/13/2025   8/13/2025      Internal                                                                                         9/13/2025      9/13/2025        External
                                                              Session                                                             Programme Level 7                                       Accreditation

142   Training on Retail Bond Secondary (RBS)                 Internal         8/1/2025    8/1/2025       Internal       164      Dissemination of Amortisation                           Internal         10/3/2025      10/3/2025        Internal

143   Training on Navigating the Global Internal Audit                                                                   165      Training on Negotiation Skill: Negotiate to Win         Inhouse          9/23/2025      9/23/2025        External
                                                              External         8/19/2025   8/20/2025      External
      Standards
                                                                                                                         166      Training on Self Leadership: Take the Lead From
                                                                                                                                                                                          Inhouse          9/25/2025      9/25/2025        External
144   Risk Management Certification Refreshment               Certification/                                                      Within
                                                                               8/25/2025   8/25/2025      External
      Level 5 – August Batch                                  Accreditation
                                                                                                                         167      Focus Group Discussion – Structuring of the
                                                                                                                                                                                          External         9/11/2025      9/11/2025        External
145   Dissemination of AyoBantu – August Batch                Internal         8/27/2025   8/27/2025      Internal                Payment System Industry

146   Briefing & Risk Management Certification Test           Certification/                                             168      Dissemination of AyoBantu – September Batch             Internal         9/29/2025      9/29/2025        Internal
                                                                               8/27/2025   8/27/2025      External
      Level 4 – Committee                                     Accreditation
                                                                                                                         169      Gayeng Perkasa Activity Semester II & Sharing
147   Training on Information Technology Infrastructure                                                                           Session on BI Cash Services Information System          External         10/17/2025     10/17/2025       External
                                                              External         8/25/2025   8/26/2025      External
      Library (IT-IL) 4 Foundation – August Batch                                                                                 Application

148   Induction Class 2025 for New Joiner Batch 3             Internal         9/2/2025    9/2/2025       Internal       170      Training on Leadership Programme: Managing
                                                                                                                                                                                          Inhouse          10/9/2025      10/9/2025        External
                                                                                                                                  Strategy for Team Performance
149                                                           Sharing
      Sharing Session Artificial Intelligence - IT Division                    8/27/2025   8/27/2025      Internal
                                                              Session                                                    171      Training on Self Leadership: Take the Lead From
                                                                                                                                                                                          Inhouse          10/22/2025     10/22/2025       External
                                                                                                                                  Within Batch 2
150   Sharing Session on the Mechanism for Handling
                                                              External         8/15/2025   8/15/2025      External
      IASC Reports by Banking in Indonesia                                                                               172                                                              Certification/
                                                                                                                                  Treasury Dealer Certification Programme                                  9/27/2025      10/14/2025       External
                                                                                                                                                                                          Accreditation
151   Refreshment of NPAP (New Product Approval
                                                              Internal         9/12/2025   9/12/2025      Internal
      Policy) Template                                                                                                   173      Jakarta Clearing Communication Forum 2025               External         11/1/2025      11/1/2025        External




                                                                                                                                                                                                                PT Bank QNB Indonesia Tbk Annual Report 2025
Page 40
76                                                                                                                                                                                                                                               77
                 2025 Highlights                          Reports to Stakeholders                  Company Profile         Management Discussion and Analysis                  Corporate Governance (GCG)             Sustainability




No                   Programme Name                          Type            Start        End           Organiser    No                       Programme Name                            Type            Start           End            Organiser

174   Professional Business English Course Batch 2 -                                                                 193      Internal Audit Certification Programme for Banks     Certification/
                                                        Inhouse          10/20/2025   12/24/2025      External                                                                                      11/20/2025     11/21/2025       External
      Intermediate Class                                                                                                      Level 5                                              Accreditation

175   Professional Business English Course Batch 2 -                                                                 194      Workshop on the Implementation of Latest
                                                        Inhouse          10/21/2025   12/24/2025      External                                                                     External         11/26/2025     11/28/2025       External
      Elementary Class                                                                                                        Banking Accounting

176   Dissemination on SIPELAKU (Information System                                                                  195      Training on Impactful Presentation Skills with
                                                        Internal         10/17/2025   10/17/2025      Internal                                                                     Inhouse          12/3/2025      12/3/2025        External
      of Fraudulers in the Financial Service Sector)                                                                          TalkInc – Batch 1

177   Webinar “Risk Appetite and Risk Culture: Key                                                                   196      Indonesia Cross Border Business and Investment
                                                                                                                                                                                   External         11/24/2025     11/24/2025       External
      Pillars in Strengthening Risk Management in the   External         10/9/2025    10/9/2025       External                Summit
      Financial Sector”
                                                                                                                     197      PERBANAS CFO Forum 2025 : “Unlocking The
                                                                                                                                                                                   External         12/3/2025      12/3/2025        External
178   Learning Forum : Health Talk "Take Charge and                                                                           Next Growth Potential”
                                                        Inhouse          10/17/2025   10/17/2025      External
      Reduce The Risk of Breast Cancer"
                                                                                                                     198      WTW Forum: Building Value-Driven Benefits
                                                                                                                                                                                   External         11/26/2025     11/26/2025       External
179   Dissemination of Bank Indonesia Board of                                                                                Indonesia
                                                        External         10/30/2025   10/30/2025      External
      Governors Regulation on Monetary Operations
                                                                                                                     199      Training on Impactful Presentation Skills with
                                                                                                                                                                                   Inhouse          12/10/2025     12/10/2025       External
180   Sharing Session on Service Standards of Contact                                                                         TalkInc – Batch 2
                                                        Internal         10/31/2025   10/31/2025      Internal
      Centre Bank QNB Indonesia
                                                                                                                     200      Training on Impactful Presentation Skills with
                                                                                                                                                                                   Inhouse          12/11/2025     12/11/2025       External
181   E-Learning on APU, PPT, and PPPSPM 2025           E-Learning       1/1/2025     3/31/2025       E-Learning              TalkInc – Batch 3

182   Risk Management Certification Programme Level     Certification/                                               201      Sharing Session on Service Standards of Contact
                                                                         11/3/2025    11/28/2025      External                                                                     Internal         11/27/2025     11/27/2025       Internal
      4 & 5 – November Batch 2025                       Accreditation                                                         Centre Bank QNB Indonesia – November Batch

183   SK SP Programme in the Field of Administration                                                                 202      Forum ESG: Green Economic Outlook 2026               External         12/11/2025     12/11/2025       External
                                                        Certification/
      of Customer-Owned Government Securities                            10/25/2025   10/25/2025      External
                                                        Accreditation
      (SBN) for Operational Level (Level 4)                                                                          203      Refreshment Risk Awareness 2025 Mandatory            Internal         12/5/2025      12/5/2025        Internal
                                                                                                                              Training
184   Coaching Clinic: Implementation of Online
      Reporting Standardisation of Competency in the    External         10/8/2025    10/8/2025       External       204      Workshop Pelaporan Data Single Review Bank           Internal         11/28/2025     11/28/2025       Internal
      Payment System Sector (SK SP)                                                                                           Umum 2025

185   Training on The Essentials of Corporate                                                                        205      Forkom Evaluasi Operasional Kliring Warkat Debit     External         11/7/2025      11/8/2025        External
                                                        External         11/13/2025   11/14/2025      External
      Syndication                                                                                                             dan Pengelolaan Daftar Hitam Nasional Sumatra
                                                                                                                              Utara
186   Training on Preparation and Presentation of
      Financial Statements in Accordance with the       External         11/12/2025   11/12/2025      External       206      Moody's Credit Lens/Lending Suite Training           Inhouse          12/9/2025      12/31/2025       External
      Latest SAK
                                                                                                                     207      Refreshment Cyber Awareness 2025 for                 Inhouse          12/5/2025      12/5/2025        Internal
187   Training on Financial Statement Analysis          External         11/12/2025   11/14/2025      External                Outsourcing

188   Training on Corporate Income Tax for Banking      External         11/25/2025   11/26/2025      External       208      Training Impactful Presentation Skill with TalkInc   Inhouse          1/10/2026      1/10/2026        External
                                                                                                                              - Batch 4
189   Workshop on Identification of Suspicious
      Financial Transactions and Determination of       External         11/12/2025   11/13/2025      External       209      Socialisation on Employee New Benefits 2026          Internal         12/3/2025      12/9/2025        Internal
      Indications of Predicate Crimes
                                                                                                                     210      E-Learning Third Party Risk Management               E-Learning       12/15/2025     12/31/2025       E-Learning
190   Refreshment on Cross Border Transactions          Internal         11/12/2025   11/12/2025      Internal
                                                                                                                     211      E-Learning Corporate Secretary                       E-Learning       12/15/2025     12/31/2025       E-Learning
191   Briefing & Risk Management Certification Test
                                                        Inhouse          10/2/2025    11/20/2025      External
      Level 5 – Committee                                                                                            212      Pembekalan & Uji Sertifikasi Manajemen Risiko        Certification/   12/18/2025     12/18/2025       External
                                                                                                                              Jenjang 6 - Komite                                   Accreditation
192   Risk Management Certification Refreshment         Certification/
                                                                         11/13/2025   11/13/2025      External
      Level 5 – November Batch                          Accreditation




                                                                                                                                                                                                         PT Bank QNB Indonesia Tbk Annual Report 2025
Page 41
 78                                                                                                                                                                                                                                             79
                2025 Highlights                    Reports to Stakeholders              Company Profile          Management Discussion and Analysis                     Corporate Governance (GCG)                Sustainability




Shareholders
Shareholding structure                                                                                    Share ownership by Board of Commissioners and Board of Directors


                                                                                                                                                                                 Ownership at Beginning of         Ownership at End of Year
                                                                                                                                                                                        Year (%)                            (%)
                                     Qatar                                                                               Name                                Position
                                  Government                                                                                                                                       Direct          Indirect         Direct           Indirect
                                    (100%)
                                                                                                          Fatma Al-Suwaidi                        President Commissioner                     -                -              -                  -

                                                                                                          Khalid Al-Sada                          Commissioner                               -                -              -                  -
         Qatar
                                                                                                          Djoko Sarwono                           Independent Commissioner                   -                -              -                  -
      Investement                                             Public
        Authority                                             (50%)                                       Muhammad Anas Malla                     Independent Commissioner                   -                -              -                  -
        (50%)                                                                                             Nick Groene                             President Director                         -                -              -                  -

                                                                                                          Windiartono Tabingin                    Director                                   -                -              -                  -

                                                                                                          Gede Shanta Wiguna                      Director                                   -                -              -                  -
                                      Qatar
                                  National Bank                                          Public <5%       Mario Utama                             Director                                   -                -              -                  -
                                    (Q.P.S.C.)                                            (8.43%)
                                   (91.57%)
                                                                                                          Number of shareholders by investor category


                                                                                                           No.                          Category                                  Shares Owned                          Percentage

                                                                                                            1.     Domestic individual investor                                             1,096,086,096                                 3.12

                                                                                                            2.     Domestic institutional investors                                          764,345,032                                  2.17

                                                                                                            3.     Foreign individual investors                                                  367,394                                 0.00

                                                                                                            4      Foreign institutional investors                                      33,297,249,843                                   94.71

Shareholders composition                                                                                  Total                                                                         35,158,048,365                                100.00
Per 31 December 2025
                                                                       Qatar National Bank (Q.P.S.C.)
                         Public                                                                           Majority and controlling shareholders
                                               8.43%                                                      As stated in the diagram, Qatar National Bank (Q.P.S.C.) is the majority and controlling shareholder
                                                                                                          of the Bank, with its head office located in Doha, Qatar. The ultimate beneficial owner of the Bank’s
                                                                                                          shareholding is the Government of Qatar.




                                                          91.57%




                                                                                                                                                                                                   PT Bank QNB Indonesia Tbk Annual Report 2025
Page 42
80                                                                                                                                                                                                                                                      81
                      2025 Highlights                             Reports to Stakeholders                     Company Profile           Management Discussion and Analysis              Corporate Governance (GCG)           Sustainability




Shares & other securities listing                                                                                                    Public accountant and
chronology                                                                                                                           public accounting firm
Share listing chronology
                                                                                                                                     Name of Public Accounting Firm   KAP Purwanto Susanti and Surja
                                                                                                                                     (PAF)
                                                   Number of          Nominal/        Offering
   Corporate Action              Date                                                                      Paid Up Capital           Association Network              EY Indonesia
                                                  Shares Issued       Par Value        Price
                                                                                                                                     PAF Address                      Indonesia Stock Exchange Building
Prior to Initial Public                      -                    -      IDR250                   -        321,200,000 shares ~                                       Tower 2, 7th floor
Offering of Shares                                                                                          IDR80,300,000,000                                         Jl. Jend Sudirman Kav. 52-53
                                                                                                                                                                      Jakarta 12190
Initial Public Offering     31 October 2002          78,800,000          IDR250          Rp250            400,000,000 shares ~
                                                                                                           IDR100,000,000,000        Name of Public Accountant (PA)   Christophorus Alvin Kossim

Warrant Series I               21 November           101,219,000         IDR250          Rp250              501,219,000 saham ~      PAF Assignment Period            Period of the 3
                                      2002                                                                  IDR125,304,750,000
                                                                                                                                     PA Assignment Period             Period of the 3
Rights Issue I                 15 June 2009          125,304,750         IDR250          Rp320             626,523,750 shares ~
                                                                                                            IDR156,630,937,500       Audit Services                   Audit Financial Statement FY2025

Rights Issue II                27 December         2,935,263,768         IDR250          Rp250             3,561,787,518 shares ~    Audit Fee (IDR)                  IDR1,617,000,000
                                      2010                                                                 IDR890,446,879,500

Rights Issue III                27 May 2013       2,596,543,000          IDR250          Rp250             6,158,330,518 shares ~
                                                                                                           IDR1,539,582,629,500

Rights Issue IV                 2 June 2014        2,598,815,479         IDR250          Rp250              8,757,145,997 shares ~
                                                                                                           IDR2,189,286,499,250

Rights Issue V                 20 June 2017        8,235,719,252         IDR250          Rp250           16,992,865,249 shares ~
                                                                                                            IDR4,248,216,312,250

Rights Issue VI                 22 May 2018        3,443,820,735         IDR250          Rp250          20,436,685,984 shares ~
                                                                                                           IDR5,109,171,496,000

Rights Issue VII               28 April 2023       14,721,362,381        IDR250          Rp250             35,158,048,365 shares
                                                                                                          ~IDR8,789,512,091,250

PUT IV

Rights Issue IV               2 June 2014         2.598.815.479         Rp250          Rp250            8,757,145,997 shares ~
Other securities listing chronology                                                                     Rp2,189,286,499,250

PUT V
                                                                                    Offering Value     Securities
 Name of Securities       Issuance Year    Coupon (%)       Maturity Date                                         Rating Agency
Rights Issue V                  20 June 2017    8.235.719.252         Rp250          (IDR Rp250
                                                                                          billion)      Rating
                                                                                                         16,992,865,249 shares ~
                                                                                                            Rp4,248,216,312,250
Shelf Registration
PUT
BondVII Phase I Year             2019   9.50% per annum               5 July 2022                100    AAA(idn)    Fitch Ratings
2019 QNB Indonesia
Rights Issue VI                 22 May 2018        3.443.820.735          Rp250           Rp250          20,436,685,984 shares ~
Shelf Registration                                                                                           Rp5,109,171,496,000
Bond I Phase II Year             2019       7.10% per annum   6 December 2020                  452      AAA(idn)    Fitch Ratings
PUT
2019VII
      QNB Indonesia

Rights Issue VII
Shelf Registration             28 April 2023  14.721.362.381    Rp250                     Rp250           35.158.048.365 shares
Bond I Phase III Year            2020 6.25% per annum 10 November 2021                       448           ~Rp8.789.512.091.250
                                                                                                        AAA(idn)   Fitch Ratings
2020 QNB Indonesia




                                                                                                                                                                                                                PT Bank QNB Indonesia Tbk Annual Report 2025
Page 43
 82                                                                                                                                                                                                                                                 83
                   2025 Highlights                        Reports to Stakeholders                     Company Profile          Management Discussion and Analysis                  Corporate Governance (GCG)             Sustainability




Capital market supporting                                                                                                Membership in associations
institutions and professions
                                                                                                                                                                                                                  Membership Status
                                                                                                                         No.                       Association                     Membership Period
Share registrar                                               Public accounting firm                                                                                                                   Member   Committee       Position in Committee

                                                                                                                         1.       Bank Internal Auditor Association (IAIB)                 -                                    Membership
Name of            PT Adimitra Jasa Korpora                    Name of              Ernst and Young
                                                                                                                                                                                                                                Administrator
Institution/                                                   Institution/
Profession                                                     Profession
                                                                                                                         2.       Institute of Internal Auditors (IIA) Indonesia           -                          -         Member
                                                                                                                                  (only Chief Auditor & Sub Division Head)
Address            Jl. Kirana Avenue III Blok F3 No.5          Address              Gedung Indonesia Stock Exchange
                   Kelapa Gading                                                    Jl. Jend. Sudirman Kav. 52-53
                                                                                                                         3.       Alternative Institution for Dispute                      -                          -         Member
                   North Jakarta                                                    Jakarta 12190
                                                                                                                                  Resolution in the Financial Services Sector
                                                                                                                                  (LAPS SJK)
Assignment         January-December 2025                       Assignment           January-December 2025
Period                                                         Period
                                                                                                                         4.       Aswiftindo                                          2024–2025                       -         Member
Type and Form of   Administration of effects                   Type and Form of     Financial Statement Audits &
                                                                                                                         5.       Indonesian Payment Systems Association              2024–2025                       -         Member
Services                                                       Services             Expatriate Tax Audits
                                                                                                                                  (ASPI)
Fees               IDR45,630,000,-                             Fees                 IDR1,913,719,088,-
                                                                                                                         6.       Banker Association for Risk Management                   -                                    Secretary General &
                                                                                                                                  (BARa)                                                                                        Member
Securities depository and settlement institution              Stock exchange
                                                                                                                         7.       Banking Compliance Directors                             -                                    Member of the
                                                                                                                                  Communications Forum (FKDKP)                                                                  Professional
Name of            PT Kustodian Sentral Efek Indonesia         Name of              PT Bursa Efek Indonesia                                                                                                                     Development Division
Institution/       (KSEI)                                      Institution/
Profession                                                     Profession                                                8.       National Banks Association (Perbanas)                    -                                    Head of Institutional
                                                                                                                                                                                                                                Relations
Address            Gedung Bursa Efek Indonesia                 Address              Gedung Bursa Efek Indonesia Menara
                   Tower II, Lantai 3                                               I, Jl. Jend. Sudirman Kav. 52–53     9.       Indonesia Corporate Secretary Association                -                          -         Member
                   Jl. Jendral Sudirman Kav.52-53                                   Jakarta 12190                                 (ICSA)
                   Jakarta 12190
                                                               Assignment           January-December 2025                10.      Information Systems Audit and Control               2024–2025                       -         Member
Assignment         January-December 2025                       Period                                                             Association (ISACA)
Period
                                                               Type and Form of     Share Listing & CTP Screen           11.      Association of Mutual Fund Selling Agent            2024–2025                       -         Chairman & Member
Type and Form of   Securities custody services,                Services                                                           Banks of Indonesia (ABAPERDI)
Services           Mutual fund consolidation & GMS
                                                               Fees                 IDR295,260,000,-                     12.      Financial Markets Association (ACI FMA)             2023-2024                       -         Member

                                                                                                                         13       Banking Operations Directors                        2024–2025                       -         Member
Fees               IDR76,965,330,-                                                                                                Communications Forum (FKDOP)

                                                                                                                         14       International Chamber of Commerce (ICC)             1 January-31                    -         Member
Notary                                                                                                                                                                              December 2025

                                                                                                                         15       Indonesian Society of Appraisers (MAPPI)            2024 - 2025                     -         Member
Name of            Notaris Fathiah Helmi SH
Institution/
Profession

Address            Graha Irama, Lantai 6
                   Jl. H. R. Rasuna Said Blok X-1, Kav.
                   1&2, Kuningan, Jakarta Selatan 12950

Assignment         January-December 2025
Period

Type and Form of   Notary services.
Services

Fees               IDR33,578,000,-




                                                                                                                                                                                                           PT Bank QNB Indonesia Tbk Annual Report 2025
Page 44
4
    Management
    discussion
    and analysis
Page 45
 86                                                                                                                                                                                                                                                       87
                      2025 Highlights                          Reports to Stakeholders                         Company Profile        Management Discussion and Analysis                 Corporate Governance (GCG)            Sustainability




General review
Global economic review                                              Trump’s unilateral import tariffs, announced on a             The US’s unilateral tariff policy and geopolitical              National economic review
                                                                    day that came to be known as "Liberation Day", were           tensions slowed global economic growth, widening
As quoted from Bank Indonesia’s Annual Meeting Book,                                                                                                                                              Indonesia’s economy continues to perform well and is
                                                                    intended to protect industry and address the US trade         fragmentation between countries. Tariff policies
released on 28 November 2025, the world continued                                                                                                                                                 resilient amidst high global volatility and uncertainty.
                                                                    deficit. China was subject to an effective import tariff of   exacerbated the impact of global supply chain
to be volatile with high uncertainty. Global geopolitical                                                                                                                                         First, the economic recovery from the COVID-19
                                                                    up to 54%, while Canada and Mexico received effective         disruptions stemming from geopolitical tensions that
tensions persisted, with the Russia-Ukraine war in                                                                                                                                                pandemic continues and is gaining further momentum.
                                                                    tariffs of up to 25%. Even small countries were subject       had persisted since 2024.
Europe still unresolved, and geopolitical tensions in the                                                                                                                                         Second, strong and prudent policy coordination,
                                                                    to high tariffs, such as Cambodia (49%), Vietnam (46%),
Middle East escalating as Israel’s attacks on Palestine                                                                                                                                           particularly between the government’s fiscal policy
                                                                    and Myanmar (44%) in Asia, as well as Lesotho (50%)           In the Eurozone, after two years of weak growth and
increased. On the economic front, United States (US)                                                                                                                                              and Bank Indonesia’s monetary policy, has been able
                                                                    and Madagascar (47%) in Africa. Following the US’s            geopolitical tensions, the urgency of fiscal policy has
President, Donald Trump, launched a trade war on April                                                                                                                                            to stimulate domestic demand, balancing stability
                                                                    unilateral import tariffs, a number of large countries,       emerged. The new German government ended its
2nd 2025 by imposing a universal 10% import tariff on all                                                                                                                                         and growth. Third, Indonesia continues to strengthen
                                                                    including Canada, China, and the European Union,              tight budget regulations and approved a defense and
goods entering the US, coupled with very high reciprocal                                                                                                                                          its commitment to economic transformation and
                                                                    announced retaliatory tariffs, escalating the trade war       infrastructure spending program. At the European
tariffs on 57 trading partners, including China, Canada,                                                                                                                                          structural reforms, through improving investment
                                                                    between the countries.                                        Union level, it expanded the supranational budget and
Mexico, and the European Union.                                                                                                                                                                   climate, accelerating infrastructure development, and
                                                                                                                                  increased member state defense spending, unlocking
                                                                                                                                                                                                  industrialising natural resources to increase domestic
                                                                                                                                  the potential of over EUR800 billion over five years
                                                                                                                                                                                                  value added. Improvements in economic sectors
                                                                                                                                  through the "ReArm Europe" initiative. Although
                                                                                                                                                                                                  continue to take place and strengthen the supply side
                                                                                                                                  the impact on economic activity in 2025 remained
Meanwhile, other countries negotiated for lower tariffs, including commitments to import more goods from the US. This                                                                             in driving high economic growth. Fourth, Indonesia’s
                                                                                                                                  limited, Eurozone growth had increased but remained
still resulted in high US tariffs, particularly against China, although not as high as Trump’s initial threat. Furthermore, the                                                                   favourable geopolitical position and diplomatic capital
                                                                                                                                  moderate at 1.3%. A more expansionary fiscal stance
trade war and geopolitical tensions increased uncertainty in global financial markets, negatively impacting business and                                                                          also contributes to spur international cooperation and
                                                                                                                                  is expected to boost investor sentiment and boost
investor confidence in various countries.                                                                                                                                                         attract foreign direct investments, strengthening its
                                                                                                                                  medium-term growth.
                                                                                                                                                                                                  position in forums such as the G20 and the ASEAN.
                                                                                                                                  On the monetary policy front, with the easing of
                                                                                                                                                                                                  Over the past six years, Indonesia’s economy has
                                                                                                                                  structural inflationary pressures in the US and the
                                                                                                                                                                                                  recorded strong performance, ranking among the best
Table 1. World Economic Growth: Advanced Economies and Emerging Economies (%, yoy)                                                successful normalisation of inflation in the Eurozone, the
                                                                                                                                                                                                  in the Emerging Market Economies (EMEs). Indonesia’s
                                                                                                                                  Federal Reserve (Fed) and the European Central Bank
                                               2023              2024              2025*             2026*               2027*                                                                    economic growth since 2019 has consistently remained
                                                                                                                                  (ECB) resumed the policy easing cycle that had begun in
                                                                                                                                                                                                  above 5%, except during the COVID-19 pandemic. In
                                                                                                                                  the previous year. After a nine-month pause, the Fed cut
                                                                                                                                                                                                  fact, the economic contraction caused by the pandemic
 World                                           3.5                3.3                3.1              3.0                 3.1   interest rates by 75 basis points to 3.75%, while the ECB
                                                                                                                                                                                                  was among the mildest compared to other countries.
                                                                                                                                  cut rates by 100 basis points to 2.0%.
 Advanced Economies                               1.7               1.8                1.7               1.6                1.8                                                                   Macroeconomic and financial stability were also
                                                                                                                                                                                                  hallmarks of Indonesia’s performance. Inflation remained
                                                                                                                                  In China, robust growth was driven by improving private
   United States of America                      2.9                2.8               2.0               2.0                 2.1                                                                   low, with an average of below 3% throughout the 2019-
                                                                                                                                  sector sentiment, more supportive economic policies,
                                                                                                                                                                                                  2024 period, and Rupiah exchange rate remained stable,
                                                                                                                                  optimism about AI capabilities, and a stabilising
   Europe                                        0.4                0.9                1.3               1.3                1.4                                                                   thanks to Bank Indonesia’s strong commitment to
                                                                                                                                  manufacturing sector. Despite the impact of the trade
                                                                                                                                                                                                  monetary stability. The fiscal deficit has been kept low,
                                                                                                                                  dispute with the US, the Chinese economy managed to
   Japan                                          1.2               0.1                1.0              0.5                0.5                                                                    below 3% of GDP, except during the peak of COVID-19
                                                                                                                                  grow by around 4.9%.
                                                                                                                                                                                                  period in 2020 and 2021, after which it quickly returned
 Emerging Economies                               4.7               4.3                4.1              3.9                4.0                                                                    to the moderate norm. External performance has
                                                                                                                                  Overall, global economic growth slowed from 3.3%
                                                                                                                                                                                                  also been strong, with a low current account deficit
   China                                         5.4                5.0               4.8               4.2                4.0    in 2024 to 3.1% in 2025. The divergence of growth
                                                                                                                                                                                                  and even a surplus in 2021 and 2022, supported by
                                                                                                                                  patterns between countries continues, with advanced
                                                                                                                                                                                                  stronger export performance in line with the successful
   India                                          8.7               6.5               6.6               6.4                6.7    economies growing slower from 1.8% in 2024 to 1.7% in
                                                                                                                                                                                                  industrialisation of natural resources.
                                                                                                                                  2025. Meanwhile, Emerging Economies’ growth fell to
   ASEAN-5                                        4.1               4.6               4.4               4.3                4.5    4.1%
                                                                                                                                                                                                  Likewise, financial system stability is maintained with
   Latin America                                 2.4                2.4                1.9              2.2                2.6                                                                    a high banking Capital Adequacy Ratio (CAR) of above
                                                                                                                                                                                                  20%. Solid credit growth supports financing for the
                                                                                                                                                                                                  productive sector and strengthens the momentum
Note: *Bank Indonesia’s Projections
                                                                                                                                                                                                  of economic growth. Indonesia’s positive economic
Source: WEO-IMF, Bank Indonesia
                                                                                                                                                                                                  performance is also accompanied by the rapid
                                                                                                                                                                                                  acceleration of payment system digitalisation which
                                                                                                                                                                                                  serves as a key driver of inclusive economic growth.




                                                                                                                                                                                                                  PT Bank QNB Indonesia Tbk Annual Report 2025
Page 46
 88                                                                                                                                                                                                                                                                                                                           89
                        2025 Highlights                                  Reports to Stakeholders                             Company Profile           Management Discussion and Analysis                                   Corporate Governance (GCG)                                Sustainability




The strong synergy of the national economic policy mix                         national economic policy mix needs to be continuously             In terms of fiscal policy, the realisation of government                            Banking industry review
between the government and Bank Indonesia supports                             strengthened and expanded to encourage higher and                 spending according to the State Budget needs to be
                                                                                                                                                                                                                                     As quoted from Banking Survey Report released by
the strong and resilient performance of Indonesia’s                            more resilient economic growth.                                   accelerated to stimulate domestic demand, both the
                                                                                                                                                                                                                                     Bank Indonesia, the banking industry was in solid
economy. The government’s prudent fiscal policy, with                                                                                            implementation of social programs such as Makanan
                                                                                                                                                                                                                                     conditions in the third quarter of 2025, with maintained
a deficit below 3% of GDP, is being pursued to support                         Indonesia’s positive economic performance continued               Bergizi Gratis (MBG) of Free Nutritious Meals, Sekolah
                                                                                                                                                                                                                                     intermediation performance. Amidst macroeconomic
economic growth through capital expenditures to                                in 2025 and is expected to gain further momentum in               Rakyat or People’s Schools, Perumahan Rakyat or
                                                                                                                                                                                                                                     stability and relatively conducive monetary conditions,
promote investment and social protection programs                              2026 and 2027. Indonesia’s economic growth in the                 People’s Housing, and Desa Merah Putih Cooperatives
                                                                                                                                                                                                                                     the banking sector was able to maintain a positive
to support public consumption. Meanwhile, Bank                                 second and third quarters of 2025 was better than                 (KDMP), as well as government’s priority projects related
                                                                                                                                                                                                                                     growth rate of new lending. Bank Indonesia’s Banking
Indonesia’s policy mix is optimally pursued for stability                      expected, at 5.12% (yoy) and 5.04% (yoy), respectively,           to food security, energy, defense, and security programs,
                                                                                                                                                                                                                                     Survey showed that new lending throughout this period
and growth, focusing on both inflation control and                             higher than 4.87% (yoy) in the first quarter of 2025. Non-        as well as the 2025 Government Economic Policy
                                                                                                                                                                                                                                     recorded a WNB (Weighted Net Balance) of 82.33%,
FX stability. Moreover, Bank Indonesia also deploys                            oil and gas export performance increased due to front-            Package. In terms of supply, the implementation of
                                                                                                                                                                                                                                     reflecting continued strong financing demand, albeit
macroprudential policies to encourage bank loans/                              loading of exports to the US in response to exporters’            natural resource industrialization and structural reforms
                                                                                                                                                                                                                                     with a slight decline compared to the previous quarter.
financing, and payment system policy to promote                                anticipation of US tariff policies, apart from increased          needs to be accelerated to encourage economic sectors
                                                                                                                                                                                                                                     This development also indicates that economic activity
inclusive and efficient digitalisation of the national                         exports of agricultural and manufactured products,                with high growth and job creation potential. Bank
                                                                                                                                                                                                                                     continues to move forward and the business world
financial economy.                                                             particularly crude palm oil (CPO), to India, following the        Indonesia continues to strengthen the mix of monetary,
                                                                                                                                                                                                                                     remains optimistic.
                                                                               reduction in import duties.                                       macroprudential, and payment system policies to
Various structural transformation and reform policies are                                                                                        encourage economic growth through interest rate cuts,
also continuously promoted. Infrastructure development                         The increase in economic growth is also supported by              liquidity easing, increased macroprudential incentives,
continues through the National Strategic Projects                              domestic demand, particularly private investment and              and accelerated digitalisation of the economic and
(PSN) in various sectors, including transportation,                            realisation of several priority government programs,              financial systems.
marine, housing, and telecommunications. Institutional                         including the development of Special Economic Zones
and regulatory reforms are being pursued through                               (SEZs) in various regions. Household consumption also
the implementation of Law No. 6 of 2023 on Job                                 grows well in line with high public mobility, although            In terms of usage orientation, working capital loans experienced a slowdown, while investment and consumer loans
Creation to improve investment climate, and Law No.                            it needs to be further strengthened amidst declining              moved at a stable level. Within the consumer loans category, increases were seen in unsecured loans, multipurpose loans,
4 of 2023 on the Development and Strengthening of                              consumer expectations, particularly among the lower-              and vehicle loans, indicating that household consumption remained the main driver of economic activity. Conversely,
Financial Sector (UU P2SK) to strengthen resilience,                           middle class. Going forward, Indonesia’s economy will             demand for housing loan/apartment loan and credit cards tended to weaken, reflecting more cautious consumer
expand financial services, and improve the efficiency                          continue to show improvement.                                     behaviour regarding long-term financing and non-priority consumption. By sector, new loan growth strengthened in real
of the national financial system. Moving forward, the                                                                                            estate, leasing business and corporate services, government administration, and financial intermediaries. However, at the
synergy between the government and Bank Indonesia in                                                                                             same time, several strategic sectors such as processing and agriculture, hunting, and forestry, experienced a slowdown,
                                                                                                                                                 indicating a differentiation in strengths among these economic sectors.

Overall, Indonesia’s economic growth in 2025 would be in the range of 4.7–5.5%, rising even higher in 2026 and 2027,
reaching 4.9–5.7% and 5.1–5.9%, respectively. The synergy of the national economic policy mix between the government
and Bank Indonesia needs to be continuously strengthened to encourage higher growth from both the demand and
supply sides while maintaining economic stability.
                                                                                                                                                    WNB of New Lending by Type of Consumer Loans                                        WNB of New Lending by Several Economic Sectors
Table of Indonesia’s Economic Growth – In Terms of Expenditure (%, yoy)                                                                             (% SBT)                                                                             (% SBT)

                                                                                                                                                                                                  73.57   75.87                                                                                    62.39              85.40 85.12
                                                                                                                                                 100                                              71.45   67.98     69.80             90                                                           54.04              60.13 69.90
                                                                                   2025***                                                                                                        58.41   64.87
                                                                                                                                                                                                                    53.26
                                                                                                                                                                                                                          62.31                                                                                             69.71
                                                                                                                                                                                                  56.21                                                                                                    49.39      55.49 57.28
                                                                                                                                                                                                                          60.33
               Component                       2023*      2024**                                                2025P        2026P     2027P                                                                        46.13
                                                                                                                                                                                                                          48.29
                                                                                                                                                                                                                                      50
                                                                                                                                                  50                                                      39.54           43.57
                                                                           I            II          III                                                                                                             26.40 35.50
                                                                                                                                                                                                                                                                                                           40.60              33.39
                                                                                                                                                                                                                                       10                                                                  34.01      31.93
                                                                                                                                                                                                 27.05    25.94                                                                                   39.95
                                                                                                                                                                                                                    10.96                                                                                  28.48      27.44
                                                                                                                                                   0                                                                                                                                              35.66
 Economic Growth                                5.05         5.03          4.87         5.12         5.04      4.7-5.5       4.9-5.7   5.1-5.9                                                                                        -30                                                         33.52
                                                                                                                                                                                                                                                                                                           11.88


 •    Private Consumption                       4.94          5.11         4.91        5.04          4.87      4.6-5.4       4.9-5.7   4.9-5.7   -50                                                                                  -70
                                                                                                                                                       I    II III IV I   II III IV I   II III IV I   II III IV I     II III                I    II III IV I        II III IV I       II III IV I      II III IV I       II III

 •    Government Consumption                    3.02          6.61        -1.37       -0.33          5.49      2.0-2.8       7.2-8.0   5.9-6.7             2021           2022          2023          2024        2025                          2021              2022              2023              2024           2025

 •    Investment                                3.76          4.61         2.12        6.99          5.04      4.8-5.6       5.6-6.4   6.4-7.2             KPR/KPA           Vehicle                        Credit Card                         Agriculture, Hunting, Forestry           Processing Industry
                                                                                                                                                                                                                                                Financial Intermediaries         Real Estate, Leasing Business, & Corporate Services
                                                                                                                                                           Multipurpose      Unsecured Loans
                                                                                                                                                                                                                                                Government Administration, Defense & Mandatory Social Security
 •    Export                                     1.34         6.51        6.44        10.95          9.91       7.7-8.5      4.9-5.7   5.3-6.1

 •    Import                                    -1.60        7.95         4.00         11.48          1.18     6.5-7.3       5.0-5.8   5.8-6.6   Source: Bank Indonesia


Source: Statistics Indonesia, Bank Indonesia
Note: *Provisional Figures; **Very Provisional Figures; ***Very Very Provisional Figures; (P) Bank Indonesia’s Projections




                                                                                                                                                                                                                                                                 PT Bank QNB Indonesia Tbk Annual Report 2025
Page 47
 90                                                                                                                                                                                                                                                 91
                    2025 Highlights                           Reports to Stakeholders                  Company Profile           Management Discussion and Analysis                Corporate Governance (GCG)            Sustainability




                                                                                                                              Operational review
Lending policy in the third quarter of 2025 tended to             With these developments, the banking industry entered       Bank’s strategic plan in 2025                                 Concurrently, the Bank advanced its risk management
be more cautious, as reflected in the Lending Standard            the end of 2025 on a strong foundation. Consistent                                                                        capabilities by aligning with Group best practices,
                                                                                                                              Throughout 2025, the Bank implemented a series of
Index (ILS) of 5.78. Banks tightened loan standards               lending, prudent risk management, and solid liquidity                                                                     promoting risk awareness across all functions, and
                                                                                                                              strategic initiatives designed to accelerate business
across administrative aspects, collateral requirements,           indicated that the national banking system was well-                                                                      providing independent advisory to customer-facing
                                                                                                                              growth, strengthen operational foundations, and
approval fees, loan limits, and loan terms. This tightening       positioned to support the continued recovery and                                                                          business units. Asset quality was maintained through
                                                                                                                              enhance service quality for customers. These initiatives
standard reflects the banking industry's prudence in              growth of Indonesia’s economy. If this positive trend can                                                                 selective onboarding of high-quality borrowers,
                                                                                                                              were executed with careful consideration of sustainable
maintaining asset quality amidst ongoing global and               be maintained, the banking sector is projected to play an                                                                 enhanced early warning mechanisms, and continued
                                                                                                                              performance, prudent risk management, and alignment
domestic uncertainties, while ensuring loan growth                increasingly strategic role in driving economic stability                                                                 optimisation of recovery efforts for impaired assets.
                                                                                                                              with the Bank’s long term transformation agenda toward
remains within a controlled risk corridor.                        and expansion in the coming period.
                                                                                                                              becoming a more adaptive and competitive institution.
                                                                                                                                                                                            Operational and technological transformation continued
Entering the fourth quarter of 2025, the outlook of the                                                                                                                                     to play a pivotal role. Throughout 2025, the Bank
                                                                                                                              In executing its business strategy, the Bank focused
banking industry was increasingly positive. New lending                                                                                                                                     introduced a range of IT enhancements, including API
                                                                                                                              on accelerating customer acquisition and diversifying
was projected to increase significantly, with a Weighted                                                                                                                                    development, system upgrades such as Windows 11 and
                                                                                                                              its portfolio through strengthened product value
Net Balance (WNB) reaching 96.40%. Banks continue                                                                                                                                           Data Warehouse restructuring, increased infrastructure
                                                                                                                              propositions, particularly by enhancing digital
to prioritise lending of working capital loans, followed                                                                                                                                    capacity, and hardware refresh initiatives. These steps
                                                                                                                              capabilities and improving data accuracy. These
by investment and consumer loans, underscoring the                                                                                                                                          ensured stronger operational reliability, improved digital
                                                                                                                              efforts were complemented by the development of
banking sector's role as a driver of business activity                                                                                                                                      readiness, and heightened regulatory compliance.
                                                                                                                              Corporate Banking, targeting large enterprises in key
heading into the end of the year. Within consumer loans,
                                                                                                                              market sectors and strategic state-owned entities.
housing loan/apartment loan are expected to be the                                                                                                                                          As part of its ongoing commitment to governance
                                                                                                                              To support the achievement of business targets, the
top priority, while across economic sectors, the largest                                                                                                                                    and compliance, the Bank also implemented a Board
                                                                                                                              Bank continued to strengthen credit monitoring tools,
disbursements are projected to occur in the processing                                                                                                                                      Management System to strengthen document
                                                                                                                              improve data integrity, and implement more structured
industry, wholesale and retail trade, and financial                                                                                                                                         management and streamline governance processes
                                                                                                                              internal KPIs across all business units.
intermediaries. In the same period, the loan standard's                                                                                                                                     within the Board structure.
policy is expected to shift towards more relaxed lending,
                                                                                                                              Enhancing service experience and meeting evolving
with an ILS score of -5.95. This relaxation primarily                                                                                                                                       Through the execution of these strategic initiatives,
                                                                                                                              customer expectations also remained a core priority. The
applies to investment, working capital, and MSME                                                                                                                                            the Bank successfully strengthened its business
                                                                                                                              Bank strengthened long-term customer relationships by
loans, with adjustments to loan tenors, collateral, and                                                                                                                                     fundamentals, enhanced growth momentum, and
                                                                                                                              improving existing product features, elevating service
interest rates. This expectation demonstrates that                                                                                                                                          established a more resilient foundation to navigate
                                                                                                                              standards, and implementing continuous operational
banks perceive increasingly manageable credit risk and                                                                                                                                      future challenges and opportunities.
                                                                                                                              improvements to drive efficiency. These efforts
stronger financing demand.
                                                                                                                              reinforced the Bank’s commitment to excellence and
                                                                                                                              ensured sustained competitiveness.
In terms of financing, the Third Party Funds collection
is expected to continue to increase until the end of the
                                                                                                                              From an organisational capability perspective, the
year. The WNB for Third Party Funds (TPF) collection
                                                                                                                              Bank consistently fostered a positive and collaborative
reached 93.97%, higher than the previous year and
                                                                                                                              work culture by prioritising competency development,
reflecting the industry’s maintained liquidity. Saving
                                                                                                                              leadership enhancement, and organisational alignment.
deposits and demand deposits instruments showed
                                                                                                                              Recruitment initiatives, training programs, performance
stronger growth compared to the same period last year,
                                                                                                                              management improvements, and retention strategies
while time deposits continued to grow, albeit at a more
                                                                                                                              were designed to ensure the Bank’s workforce is
moderate pace. This financing structure demonstrates
                                                                                                                              equipped to support its strategic objectives.
the public's preference for low-cost funding
instruments, which will support future cost efficiency for
                                                                                                                              In Corporate Banking, the Bank focused on diversifying
banking industry.
                                                                                                                              funding in both IDR and FCY, strengthening cash
                                                                                                                              management capabilities through API-based solutions,
Overall, the banking industry's outlook in 2025 remains
                                                                                                                              and enhancing the pipeline for long-term lending.
positive. Outstanding loans are expected to grow
                                                                                                                              Meanwhile, in Retail, Bank executed retail optimisation
steadily, with WNB reaching 94.43%, supported by
                                                                                                                              by reducing the amount of branches and improving
optimism regarding favorable economic conditions,
                                                                                                                              Mobile Banking digital capabilities, expanding Wealth
supportive interest rate policies, and relatively
                                                                                                                              Management offerings, and strengthening the customer
manageable credit risk management. DPK collection is
                                                                                                                              base through targeted retention programs supported by
also expected to increase, providing sufficient liquidity
                                                                                                                              competitive savings products.
for banks to strengthen their intermediation function.




                                                                                                                                                                                                            PT Bank QNB Indonesia Tbk Annual Report 2025
Page 48
 92                                                                                                                                                                                                                                                   93
                   2025 Highlights                          Reports to Stakeholders                    Company Profile           Management Discussion and Analysis                  Corporate Governance (GCG)            Sustainability




Operational review by segment
In carrying out its business activities, QNB Indonesia has built a                                                           Looking ahead, QNB Indonesia is well-positioned to
                                                                                                                             support clients in navigating global and domestic
                                                                                                                                                                                              In 2025, the Bank has also expanded its travel-related
                                                                                                                                                                                              services designed to meet the lifestyle needs of QNB
targeted service structure oriented to customer needs through a                                                              market shifts, including sustainability transition, supply       First customers by adding an Airport Transfer service in

strategically managed business portfolio. Service development is
                                                                                                                             chain transformation, and digital economy expansion.             Singapore and a drop-off service to the Whoosh KCIC
                                                                                                                             Through disciplined execution, strategic collaboration,          High-Speed Railway Station in Jakarta. The Bank also
carried out by considering the characteristics and complexity of                                                             and a strong client-centric culture, CIB is committed
                                                                                                                             to driving long-term sustainable growth and creating
                                                                                                                                                                                              offers medical check-up services in partnership with
                                                                                                                                                                                              Prodia, BioTest and Abdi Waluyo Hospital.
financial needs across various customer levels, enabling the Bank to                                                         enduring value for clients, stakeholders and the

offer more focused, effective, and competitive solutions. To ensure                                                          broader economy.                                                 Various attractive programs catering to customers’
                                                                                                                                                                                              lifestyles are enhanced by digital services to enhance
consistent service quality and support sustainable business growth,                                                          Strengthening Opportunities through QNB Group's                  the convenience and efficiency of the Bank’s services.
                                                                                                                             International Network                                            For instance, the new QRIS payment facility from
the Bank divides its business activities into two main segments:                                                             Collaboration across the global network of QNB Group
                                                                                                                                                                                              savings accounts enabled faster and easier transactions

Corporate & Institutional Banking (CIB) and Retail Banking.                                                                  continues to strengthen the cross-border banking
                                                                                                                                                                                              for retail customers.
                                                                                                                             capabilities of QNB Indonesia through coordinated
                                                                                                                                                                                              Additionally, the integration of mutual fund and unit-
                                                                                                                             client coverage, shared market intelligence, and access
Corporate & institutional banking                               The Bank’s commitment to robust credit risk                                                                                   linked bancassurance balances into the QNB Mobile
                                                                                                                             to international funding and syndication opportunities.
                                                                management further reinforced its portfolio quality.                                                                          Banking app allowed customers to monitor their
In 2025, global economy continued to navigate a                                                                              This enables the Bank to deliver integrated solutions
                                                                By implementing rigorous oversight and proactive                                                                              investment portfolios directly. This provided a more
complex landscape shaped by geopolitical uncertainty,                                                                        including cross-border financing, trade finance,
                                                                measures, the Bank minimised risk exposure,                                                                                   personalised and relevant banking experience, attuned
evolving trade dynamics, and tighter financial conditions                                                                    and cash management for clients with regional and
                                                                enhanced resilience, and ensured sustainable financial                                                                        to their investment needs.
accross major markets. Despite these external                                                                                global operations.
                                                                performance, even in challenging market conditions.
challenges, Indonesia’s economy remained resillient,                                                                                                                                          In 2025, the Bank introduced 8 new Mutual Fund
supported by stable domestic demand, prudent macro                                                                           The Bank conducts these activities in compliance
                                                                Driving innovation with enhanced digital services                                                                             products in United States Dollar currency managed by
economic policies, and sustained investment activity.                                                                        with applicable regulatory requirements, internal risk
                                                                                                                                                                                              4 Investment Manager partners at the beginning of the
Controlled inflation and steady household consumption           As part of its commitment to delivering value-added          governance standards and prudent banking practices.
                                                                                                                                                                                              year where the initial launch was carried out at the First
continued to underpin economic stability, reinforcing           services, QNB Indonesia continued to enhance its                                                                              Wealth Forum event held in Jakarta in January 2025 by
Indonesia’s solid economic fundamentals.                        Application Programming Interface (API) Banking                                                                               inviting QNB First customers from 5 cities. In addition, in
                                                                platform in 2025 to support domestic payment                 Retail banking segment
                                                                                                                                                                                              Q2 2025, the Bank also introduced 1 new Bancassurance
Delivering sustainable growth                                   services, including SKN, RTGS, online transfers, BI-         Throughout 2025, Retail Banking has focused on                   product to meet the growing investment needs in the
                                                                FAST, and in-house transfers. The Bank also enhanced         enhancing the customer experience, particularly in the           premium segment.
QNB Indonesia continued to diversify and strengthen
                                                                its next-generation tax payment system to simplify and       Bank’s premium segment, namely QNB First, as a top
its top-tier client base, with increased focus on
                                                                accelerate payment processes for corporate clients.          priority. Various initiatives have been implemented to
conglomerates, multinational corporations (MNCs),                                                                                                                                             Marketing
and state-owned enterprises (SOEs). This strategy                                                                            achieve this goal to increase the number of customers in
                                                                In addition, the Bank strengthened its embedded                                                                               In 2025, the Bank also acquired a substantial number
supported the Bank’s objective of maintaining strong                                                                         this segment.
                                                                banking capabilities through strategic partnerships                                                                           of new customers through the launch of an updated
credit quality, with primary relationships centered on                                                                                                                                        acquisition program with a more comprehensive QNB
                                                                and collaborations. Through this initiative, the Bank
parent entities demonstrating solid risk profiles.                                                                           Operational                                                      First offering. This strengthened the appeal of the
                                                                is positioned to act as a neutral liquidity aggregator,
                                                                providing corporate clients with real-time visibility        With a deep understanding of the needs in lifestyle              Bank’s Retail Banking products. For the Jakarta area, the
The Bank remained focused on achieving sustainable                                                                           and integrated banking service needs of QNB First                Bank collaborated with a premium supermarket – the
                                                                and consolidated reporting across their banking
balance sheet growth through disciplined loan tenor                                                                          customers, the Bank presents the innovative First                FoodHall to conduct a Top Spender marketing program
                                                                relationships. This solution supports more efficient
management and portfolio optimisation, ensuring                                                                              Reward programs.                                                 and also a special discount program. The Bank also
                                                                liquidity management and enhances clients’
alignment with the Bank’s risk appetite framework.                                                                                                                                            conducted a special marketing program for customers in
                                                                treasury operations.
Financing activities were directed toward sectors                                                                            The Bank offers Qatar Airways’ Avios Miles to both new           Semarang in collaboration with a premium supermarket
that contribute meaningfully to Indonesia’s GDP,                                                                             and existing QNB First customers who invest in various           – Istana Buah. In addition, marketing programs were also
                                                                Looking ahead to 2026
particularly Manufacturing, Technology, Media, and                                                                           savings and Wealth Management products. The rewards              carried out to increase the number of transactions using
Telecommunications (TMT), Metals & Mining, and                  In 2026, CIB will continue to advance its strategy by        in Avios miles have complemented QNB First’s suite of            the Bank’s QRIS services.
Agribusiness, supported by continued domestic                   embracing innovation, accelerating digital adoption,         Travel Privileges services.
economic expansion.                                             and enhancing integrated financial solutions to meet
                                                                the evolving needs of corporate and institutional clients.   In addition to these rewards, the Bank also has added
Strengthening credit quality and expanding portfolios           The division aims to unlock new growth opportunities         various travel conveniences, such as airport transfer
                                                                by strengthening its presence in key sectors, expanding      facilities in 12 cities across Indonesia, premium airport
Amid ongoing global economic uncertainties and
                                                                transaction banking capabilities, and deepening cross        handling services through the Premium Airport Special
increasing industry competition in 2025, the Bank
                                                                border business connectivity.                                Service (PASS) in 21 airports, and access to Airport
continues to prioritise high-quality borrowers with
strong fundamentals and proven track records. This                                                                           Executive Lounges at 23 airports throughout Indonesia.
                                                                CIB will further leverage data analytics, automation, and
prudent approach supports portfolio expansion while
                                                                ecosystem partnerships to deliver seamless, efficient,
maintaining a strong focus on financial stability and
                                                                and value-added client experiences. At the same time,
long-term value creation for clients.
                                                                the Bank will continue to enhance its risk discipline,
                                                                ensuring sustainable portfolio growth while maintaining
                                                                strong asset quality and capital efficiency.


                                                                                                                                                                                                              PT Bank QNB Indonesia Tbk Annual Report 2025
Page 49
 94                                                                                                                                                                                                                                                       95
                   2025 Highlights                          Reports to Stakeholders                  Company Profile           Management Discussion and Analysis                Corporate Governance (GCG)                    Sustainability




                                                                                                                           Financial review
2025 Performance                                                Plans for 2026                                             The analysis and discussion of financial performance in this Annual Report refer to the Financial Statements for the years
Retail Banking recorded positive performance in several         In 2026, Retail Banking will prioritise growth in          ended 31 December 2025 audited by Public Accounting Firm of Purwanto Susanti dan Surja, with an opinion of Fairly In
aspects in 2025. Retail Banking continues to strengthen         the volume of third party funds, as well as Wealth         All Material Respects.
its business foundation by developing various initiatives       Management products diversification, with a focus on
to meet customer needs. The focus is on Wealth                  Affluent customer segment in Jakarta and Medan. This       The financial statements of PT Bank QNB Indonesia Tbk are presented in accordance with Indonesian Financial
Management product diversification, which began at              strategy will further elevate the Bank's added value for   Accounting Standards, namely the Statements of Financial Accounting Standards (PSAK) and Interpretations of Financial
the beginning of the year, is expected to contribute            customers and leverage data and market intelligence to     Accounting Standards (ISAK) issued by the Board of Indonesian Accounting Standards – Institute of Indonesia Chartered
positively in the future. In 2025, Wealth Management            promote its uniqueness and competitive advantages.         Accountants (DSAK-IAI).
products contributed positively to Retail Banking’s
performance, posting a 23% increase in revenue                                                                             Statement of financial position
compared to 2024. Mutual Fund contributed the most,                                                                        Table of assets in 2024-2025
amounting to IDR11.6 billion, followed by Bancassurance
products, amounting to IDR6.9 billions.                                                                                                                                                                                             Change
                                                                                                                                                                             2025                  2024
                                                                                                                                              Description
                                                                                                                                                                          (IDR-Million)         (IDR-Million)            Nominal
                                                                                                                                                                                                                                           Percentage (%)
                                                                                                                                                                                                                       (IDR-Million)

                                                                                                                            Cash                                                  28,522                 36,917                 (8,395)             -22.74%

                                                                                                                            Current Accounts with Bank Indonesia                 364,492                410,213                (45,721)              -11.15%

                                                                                                                            Current Accounts with Other Banks

                                                                                                                              Related Parties                                        265                    316                     (51)             -16.14%

                                                                                                                              Third Parties                                        17,239               38,502                 (21,263)             -55.23%

                                                                                                                              Allowance for Impairment Losses                             (1)                   (7)                    6             85.71%

                                                                                                                            Current Accounts with Other Banks – Net                17,503                38,811                (21,308)            -54.90%

                                                                                                                            Placements with Bank Indonesia and Other            1,241,384             1,336,301                (94,917)               -7.10%
                                                                                                                            Banks

                                                                                                                            Derivative Receivables                                   590                 3,269                  (2,679)             -81.95%

                                                                                                                            Acceptance Receivables                                 87,889                        0              87,889             100.00%

                                                                                                                              Allowance for Impairment Losses                        (211)                       0                 (211)          -100.00%

                                                                                                                              Acceptance Receivables - Net                         87,678                        0               87,678            100.00%

                                                                                                                              Securities Purchased under Agreements                10,872                        0               10,872            100.00%
                                                                                                                              to Resell

                                                                                                                            Loans

                                                                                                                              Related Parties                                   500,804                    892                 499,912          56,043.95%

                                                                                                                              Third Parties                                    9,283,664             8,453,674                829,990                 9.82%

                                                                                                                            Subtotal                                           9,784,468             8,454,566               1,329,902               15.73%

                                                                                                                            Allowance for Impairment Losses                     (381,241)            (488,839)                 107,598               22.01%

                                                                                                                            Loans - Net                                        9,403,227              7,965,727              1,437,500               18.05%

                                                                                                                            Securities

                                                                                                                              Third Parties                                     1,481,150            2,160,025                (678,875)             -31.43%

                                                                                                                            Prepayments                                           60,599                 43,198                  17,401             40.28%



                                                                                                                                                                                                                  PT Bank QNB Indonesia Tbk Annual Report 2025
Page 50
 96                                                                                                                                                                                                                                                                     97
                     2025 Highlights                             Reports to Stakeholders                      Company Profile            Management Discussion and Analysis                   Corporate Governance (GCG)                   Sustainability




                                                                                                                                     Table of liabilities in 2024-2025
                                                                                                        Change
                                                    2025                 2024
                Description                                                                                                                                                                                                                       Change
                                                 (IDR-Million)        (IDR-Million)          Nominal
                                                                                                                Percentage (%)                                                         2025                 2024
                                                                                           (IDR-Million)                                                  Description
                                                                                                                                                                                    (IDR-Million)        (IDR-Million)              Nominal                Percentage
 Deferred Tax Assets – Net                                 147,431            249,124             (101,693)            -40.82%                                                                                                    (IDR-Million)                (%)

 Fixed Assets and Right-of-Use Assets                                                                                                 Liabilities Payable on Demand                           13,349             21,022                    (7,673)              -36.50%

   Cost                                                  501,652              548,423              (46,771)                -8.53%     Deposits from Customers

   Accumulated Depreciation                           (330,401)             (345,236)                14,835                 4.30%     Related Parties                                         117,628           98,429                     19,199                19.51%

   Book Value                                              171,251            203,187              (31,936)                -15.72%      Third Parties                                     8,020,380           7,243,449                   776,931                10.73%

 Intangible Assets                                                                                                                      Subtotal                                          8,138,008           7,341,878                  796,130                 10.84%

   Cost                                                  133,018              176,709              (43,691)            -24.72%        Deposits from Other Banks

   Accumulated Amortisation                              (82,147)            (116,160)              34,013                 29.28%     Related Parties                                          3,349           322,474                  (319,125)               -98.96%

   Book Value                                              50,871              60,549               (9,678)                -15.98%    Third Parties                                                 2                    17                   (15)              -88.24%

 Foreclosed Assets                                               0            236,041            (236,041)            -100.00%        Subtotal                                                 3,351            322,491                 (319,140)               -98.96%

 Other Assets, Net                                       138,646               109,511               29,135                26.60%     Derivative Payables                                      9,013              7,775                     1,238                15.92%

 Total Assets                                        13,204,216            12,852,873              351,343                  2.73%     Acceptance Payables                                     87,889                     0                 87,889                 100%

                                                                                                                                      Securities Sold under Repurchase
                                                                                                                                                                                                    0            95,873                  (95,873)             -100.00%
Assets                                                                                                                                Agreements

                                                                                                                                      Employment Benefits                                     60,942             75,739                   (14,797)              -19.54%
At the end of 2025, the Bank’s total assets were                     In addition, the Bank’s success in completing the
recorded at IDR13.20 trillion, increasing by 2.7%                    write-off of all foreclosed assets (AYDA) became an              Accruals and Other Liabilities                       182,320             239,383                   (57,063)              -23.84%
compared to the previous year.                                       important milestone in cleaning the balance sheet from
                                                                     past exposures.                                                  Total Liabilities                                   8,494,872           8,104,161                   390,711                4.82%
This growth reflects the Bank’s more measured and
selective approach in undertaking expansion, with a                  Adjustments were also made to non-loan assets.
focus on improving asset quality as well as optimising
the balance sheet structure.                                         The decrease in placements in securities is part of             Liabilities
                                                                     the portfolio rebalancing strategy to increase overall                                                                             The decrease in repo instruments and other liabilities
Loans increased significantly by 15.7% to IDR9.78 trillion,          asset yields.                                                   Total liabilities of the Bank increased by 4.8% to IDR8.49         indicates that the Bank actively manages its funding and
which became the main driver of asset growth.                                                                                         trillion, driven by the growth of third-party funds by            liquidity structure with a more conservative approach.
                                                                     Deferred tax assets decreased as a result of the                10.8% to IDR8.14 trillion.
This growth was driven not only by an increase in volume,            utilisation of tax benefits, while fixed assets and                                                                                This also reflects the Bank’s effort to reduce reliance on
but also by improvements in portfolio composition, with              intangible assets decreased due to disciplined                  This growth reflects the continued strong level of                 short-term funding sources that are more sensitive to
a focus on segments that provide more optimal returns                investment and cost optimisation.                               customer trust as well as the Bank’s success in                    market conditions.
and more controlled risk profiles.                                                                                                   strengthening its funding base.
                                                                     Overall, the Bank’s asset structure in 2025 shows                                                                                  Going forward, the Bank will continue to strengthen its
This strategy reflects the Bank’s shift in approach from             a significant improvement in quality, with a more               The Bank consistently directs its funding strategy                 funding base by focusing on diversified fund growth,
merely growth toward quality growth.                                 productive composition, more controlled risk, and a             toward more stable and cost-efficient sources of funds.            increasing low-cost funds, and more optimal cost of
                                                                     stronger foundation to support sustainable growth.                                                                                 funds management to support margin improvement.
From the asset quality perspective, the Bank recorded a                                                                              This is reflected in the reduced reliance on interbank
tangible improvement.                                                                                                                funding as well as the increased proportion of
                                                                                                                                     customer funds.
The decline in non-performing loan ratios, both gross
and net, indicates that credit expansion was carried out                                                                             Accordingly, the Bank’s liability structure becomes more
with stronger credit analysis discipline and supported by                                                                            resilient to market volatility.
more effective monitoring systems.




                                                                                                                                                                                                                              PT Bank QNB Indonesia Tbk Annual Report 2025
Page 51
 98                                                                                                                                                                                                                                                                     99
                     2025 Highlights                             Reports to Stakeholders                       Company Profile          Management Discussion and Analysis                 Corporate Governance (GCG)                      Sustainability




Table of equity in 2024-2025                                                                                                        Statement of profit or loss and other comprehensive income


                                                                                                           Change                   Table of Profit or Loss and Other Comprehensive Income in 2024-2025

                                                    2025                 2024
                  Description
                                                 (IDR-Million)        (IDR-Million)          Nominal                Percentage                                                                                                                    Change
                                                                                           (IDR-Million)                (%)
                                                                                                                                                                                      2025                   2024
                                                                                                                                                      Description
                                                                                                                                                                                   (IDR-Million)          (IDR-Million)             Nominal                Percentage
 Share Capital - Par Value of IDR250 (Whole           8,789,512            8,789,512                       0                 0%
                                                                                                                                                                                                                                  (IDR-Million)                (%)
 Rupiah) per Share
 Authorised Capital 40,000,000,000
 Shares as of 31 December 2025 and 2024                                                                                             Operating Income and Expenses
 Issued and Fully Paid Capital
 35,158,048,365 Shares as of 31 December                                                                                            Interest Income                                       678,787               734,563                  (55,776)                -7.59%
 2025 and 2024
                                                                                                                                    Interest Expense                                    (331,823)             (283,644)                  (48,179)               -16.99%
 Additional Paid-In Capital                            (33,588)             (33,588)                       0                 0%
                                                                                                                                    Interest Income - Net                                346,964                450,919                 (103,955)               -23.05%
 Advanced Capital                                          3,652               3,652                       0                 0%
                                                                                                                                    Other Operating Income
 Fair Value Reserve - Net                                  8,997               (201)                9,198              4,576.12%
                                                                                                                                      Fees and Commission - Net                           39,900                  31,562                    8,338               26.42%
 Retained Earnings (Deficit):
                                                                                                                                      Trading (Loss)/Income - Net                           3,300                   (319)                   3,619              1,134.48%
   Appropriated                                            7,396               7,396                       0                 0%
                                                                                                                                    Others                                                  42,411                61,983                 (19,572)               -31.58%
   Unappropriated                                   (4,066,625)          (4,018,059)             (48,566)                  -1.21%
                                                                                                                                    Total Other Operating Income                            85,611               93,226                    (7,615)                -8.17%
 Total Equity                                        4,709,344             4,748,712            (39,368)                  -0.83%
                                                                                                                                    Other Operating Expenses

Equity                                                                                                                              Personnel Expenses                                   (291,121)            (265,369)                  (25,752)                -9.70%

                                                                     The capital adequacy ratio of 52.22% indicates that the        General and Administrative Expenses                  (148,116)            (200,832)                    52,716               26.25%
Total equity of the Bank was recorded at IDR4.71 trillion,
                                                                     Bank has a very large capital buffer, not only to meet
relatively stable compared to the previous year.
                                                                     regulatory requirements, but also to support business          Reversal/(Provision) for Impairment Losses
                                                                                                                                                                                           79,246                 19,021                  60,225                316.62%
                                                                     expansion and absorb potential risks.                          on Financial Assets
The slight decline that occurred was mainly due to the
net loss for the year, which was largely influenced by                                                                              Others                                                (4,243)               (10,560)                    6,317                59.82%
                                                                     Management actively manages capital with a forward-
non-recurring factors.
                                                                     looking approach through internal capital adequacy
                                                                     assessment and stress testing, thereby ensuring that           Total Other Operating Expenses                      (364,234)              (457,740)                  93,506                20.43%
Other comprehensive income provided a positive
                                                                     the capital structure remains optimal under various
contribution that helped maintain equity stability,                                                                                 Income from Operation                                  68,341                86,405                  (18,064)               -20.91%
                                                                     economic conditions.
particularly from changes in the fair value of financial
instruments and actuarial adjustments.                                                                                              Other Non-Operating Income

The Bank’s capital structure remains very strong, with a                                                                            Other Non-Operating Income                               9,171                    90                    9,081            10,089.67%
dominance of high-quality core capital.
                                                                                                                                    Other Non-Operating Expenses                         (26,667)                   (85)                (26,582)              -31,272.90

                                                                                                                                    Total Other Non-Operating Income - Net                (17,496)                        5               (17,501)         -350,025.38%

                                                                                                                                    Profit/(Loss) Before Income Tax Expenses               50,845                 86,410                 (35,565)                -41.16%

                                                                                                                                    Income Tax Expense                                    (99,168)              (30,772)                 (68,396)              -222.27%

                                                                                                                                    Profit/(Loss) for the Year                           (48,323)                55,638                 (103,961)              -186.85%




                                                                                                                                                                                                                              PT Bank QNB Indonesia Tbk Annual Report 2025
Page 52
100                                                                                                                                                                                                                                                            101
                     2025 Highlights                              Reports to Stakeholders                      Company Profile           Management Discussion and Analysis                   Corporate Governance (GCG)            Sustainability




                                                                                                                                     On the other hand, the decline in other income                    Although below the achievement of the previous year,
                                                                                                            Change                   components was mainly caused by the reduction of non-             this profit before tax reflects that the pressures that
                                                   2025                   2024                                                       recurring income compared to the previous year.                   occurred are more external and temporary in nature,
                 Description
                                                (IDR-Million)          (IDR-Million)          Nominal                Percentage                                                                        and do not indicate structural weaknesses in the
                                                                                            (IDR-Million)                (%)         Accordingly, the Bank’s income quality becomes more               Bank’s operations.
                                                                                                                                     stable and recurring.
 Profit/(Loss) for the Year                           (48,323)                55,638             (103,961)               -186.85%
                                                                                                                                     From a strategic perspective, this provides a positive            Net income for the year
 Other Comprehensive Income                                                                                                          impact in reducing income volatility, increasing earnings
                                                                                                                                                                                                       The Bank recorded a net loss of IDR48.32 billion in
                                                                                                                                     sustainability, as well as supporting diversification of
                                                                                                                                                                                                       2025, which was mainly caused by the recognition of
 Items that would be Reclassified to Profit                                                                                          income sources.
                                                                                                                                                                                                       significant deferred tax expenses.
 or Loss:
                                                                                                                                     Going forward, the Bank will continue to strengthen
 Fair Value Changes of Securities Measured                                                                                                                                                             This expense is non-recurring in nature, does not
                                                                                                                                     the contribution of fee-based income through the
 at Fair Value through Other Comprehensive               11,792                  (179)               11,972               6.670%                                                                       impact cash flow, and is related to adjustments of past
                                                                                                                                     development of transaction products, increasing cross-
 Income                                                                                                                                                                                                tax benefits.
                                                                                                                                     selling, as well as optimising services to customers.
 Income Tax Related to Items that would be                                                                                                                                                             Therefore, such expense does not reflect the Bank’s
                                                        (2,594)                    39              (2,634)                -6.670%
 Reclassified to Profit or Loss                                                                                                                                                                        operational performance in the current period.
                                                                                                                                     Other operating expenses
 Items that would not to be Reclassified to                                                                                          The Bank’s operating expenses in 2025 show a                      If such impact is excluded, the Bank would still record
 Profit or Loss:
                                                                                                                                     significant decrease, reflecting the successful                   positive operating performance.
                                                                                                                                     implementation of efficiency programs in a
 Remeasurements of Obligation for Post-
                                                             (312)              2,262              (2,574)                -113.77%   disciplined manner.                                               Accordingly, management views that the 2025 result is a
 Employment Benefits
                                                                                                                                                                                                       reflection of accounting adjustments, not a deterioration
 Income Tax Related to Items that would not                                                                                          The increase in personnel expenses set off by the                 in the fundamental business.
                                                               69               (497)                  566                113.88%    decrease in general and administrative expenses as
 be Reclassified to Profit or Loss
                                                                                                                                     well as general and administrative expenses indicates             Going forward, in the absence of similar factors, the
 Other Comprehensive Income (Loss), Net                                                                                              an improvement in the cost structure in a sustainable             Bank is in a better position to record more stable
                                                             8,955              1,625                7,330                451.08%
 of Tax                                                                                                                              manner through organizational optimization, cost control,         earnings performance.
                                                                                                                                     and increased operational efficiency.
 Total Comprehensive Income (Loss) for
                                                      (39,368)                57,263              (96,631)               -168.75%
 the Year                                                                                                                            However, provisioning release experienced a significant           Other comprehensive income
                                                                                                                                     increase in line with asset quality improvement and still
 Earning Per Share Basic                                     (1,37)               1,58                (3,0)              -186.85%                                                                      Other comprehensive income provides a positive
                                                                                                                                     maintained within conservative prudential principles.
                                                                                                                                                                                                       contribution to the Bank’s equity, mainly derived from
                                                                                                                                                                                                       changes in the fair value of financial instruments as well
                                                                                                                                     Accordingly, this step provides a stronger foundation for
Net Interest Income                                                                                                                                                                                    as actuarial adjustments on employee benefit liabilities.
                                                                      Accordingly, the pressure on net interest income in            performance stability in the future.
                                                                      2025 does not reflect structural weakness, but rather
                                                                                                                                                                                                       Although it does not directly impact profit or loss, this
Net interest income in 2025 was recorded at IDR346.96                 forms part of an adjustment phase to market conditions
                                                                                                                                                                                                       component reflects the movement of the Bank’s overall
billion, decreasing by 23.1% compared to the                          and the strengthening of asset quality.                        Profit before income tax
                                                                                                                                                                                                       economic value and helps maintain the stability of the
previous year.                                                                                                                       The Bank recorded profit before income tax of IDR50.85            equity position.
                                                                      Going forward, management will focus on selective loan
                                                                                                                                     billion, which shows that fundamentally the Bank’s
This decrease was mainly caused by pressure on the net                repricing, improving the composition of earning assets,
                                                                                                                                     operations continue to generate positive performance.
interest margin which declined to 2.92% from 4.09%.                   and strengthening low-cost funds in order to reduce the
                                                                      cost of funds.
                                                                                                                                     This achievement becomes an important indicator
From a fundamental perspective, this margin decline                                                                                  that the Bank’s business model continues to
reflects the dynamics of the banking industry facing                                                                                 operate well, where core income is still able to cover
pressure from two sides, namely the decline in yields on              Other Operating Income
                                                                                                                                     operating expenses.
earning assets due to increasingly intense competition                Other operating income in 2025 shows a shift that
in lending as well as the increase in cost of funds in line           reflects the direction of the transformation of the Bank’s     In addition, this also reflects that the efficiency
with tighter liquidity conditions.                                    business model toward more sustainable sources                 transformation undertaken has begun to deliver
                                                                      of income.                                                     tangible results.
However, it is important to note that this decline is also
the result of a prudent strategic decision.                           Fee-based income increased driven by higher customer
                                                                      transaction activity as well as the development of
The Bank consciously avoided aggressive credit                        service-based products.
expansion with returns that are not commensurate with
the risks while maintaining portfolio quality.                        This indicates that the Bank is beginning to build a
                                                                      revenue foundation that is not entirely dependent on
                                                                      interest margins.

                                                                                                                                                                                                                       PT Bank QNB Indonesia Tbk Annual Report 2025
Page 53
102                                                                                                                                                                                                                                                      103
                    2025 Highlights                              Reports to Stakeholders                      Company Profile          Management Discussion and Analysis                 Corporate Governance (GCG)           Sustainability




                                                                                                                                   Key financial ratios
Statement of cash flows                                                                                                            Table of key financial ratios in 2024-2025

                                                                                                                                                                                                 2025                  2024                  Change
Table of Statement of Cash Flows in 2024-2025                                                                                                             Description
                                                                                                                                                                                                  (%)                   (%)                    (%)

                                                                                                           Change
                                                                                                                                    Capital
                                                    2025                 2024
                Description
                                                 (IDR-Million)        (IDR-Million)          Nominal                Percentage      Capital Adequacy Ratio (CAR)                                        52.22                 56.15                    -3.93
                                                                                           (IDR-Million)                (%)
                                                                                                                                    Earning Assets
 Cash Flows from Operating Activities                 (513,940)           1,522,263         (2,036,203)                 -133.76%
                                                                                                                                    Earning Assets and Non-Earning Assets (Non-                           1.36                 3.09                     -1.73
 Cash Flows from Investing Activities                   732,778           (1,796,417)          2,529,195                140.79%     Performing Assets) to Total Earning Assets and Non-
                                                                                                                                    Earning Assets
 Cash Flows from Financing Activities                  (26,940)            (23,062)               (3,878)                -16.82%
                                                                                                                                    Non-Performing Earning Assets to Total Earning                        1.36                  1.55                   -0.19
 Net Decrease in Cash and Cash Equivalents              191,898            (297,216)             489,114                164.57%     Assets


 Net Effect of Exchange Rate on Cash and                                                                                            Allowance for Impairment Losses of Financial Assets                  2.36                    3.3                   -0.94
                                                       (40,345)             (46,912)               6,567                 14.00%     to Earning Assets
 Cash Equivalents

 Cash and Cash Equivalents at Beginning of                                                                                          Gross Non-Performing Loans (NPL)                                     2.24                   2.71                   -0.47
                                                      1,500,349            1,844,477           (344,128)                 -18.66%
 Year
                                                                                                                                    Net Non-Performing Loans (NPL)                                       0.66                   0.71                   -0.05
 Cash and Cash Equivalents, at the End of
                                                      1,651,902           1,500,349              151,553                 10.10%     Profitability
 Year

                                                                                                                                    Return on Assets (ROA)                                               0.42                   0.74                   -0.32
Cash flow statement
                                                                                                                                    Return on Equity (ROE)                                                -1.11                 1.31                   -2.42

Cash flows from operating activities                                 Cash flows from financing activities
                                                                                                                                    Net Interest Margin (NIM)                                            2.92                  4.09                     -1.17
Negative cash flows from operating activities were                   Relatively controlled cash flows from financing activities
mainly driven by loan growth exceeding deposit inflows,              reflect that the Bank does not rely on aggressive              Liquidity
with funding costs remaining elevated amid prevailing                external funding, and is able to manage its obligations in
market conditions. These movements are in line with the              a disciplined manner.                                          Macroprudential Intermediation Ratio (MIR)                          120.23                115.16                    5.07
Bank’s business expansion during the year and reflect
                                                                                                                                    Compliance
normal balance sheet dynamics. The Bank continues                    Year-end cash position
to maintain a sound liquidity position to support
                                                                     A strong cash position indicates that the Bank                 Percentage on Legal Lending Limit Breach
its operations.
                                                                     has adequate liquidity reserves to face market
                                                                     uncertainty as well as to support operational needs and        Related Parties                                                      0.00                  0.00                    0.00
Cash flows from investing activities                                 future expansion.
Positive cash flows from investing activities reflect                                                                               Non-Related Parties                                                  0.00                  0.00                    0.00
the Bank’s strategy in actively managing its asset
                                                                                                                                    Daily Minimum Reserve Requirement (Rupiah)                           5.06                   7.74                   -2.68
portfolio, including the liquidation of securities and the
reallocation of assets into more productive instruments.                                                                            Average Minimum Reserve Requirement (Rupiah)                         9.46                  8.39                      1.07

This step is in line with efforts to optimize asset returns                                                                         Minimum Reserve Requirement (Foreign Currency)                       4.04                   4.19                   -0.15
and efficiency in asset utilisation.
                                                                                                                                    Net Open Position (NOP)                                              0.09                   0.19                   -0.10




                                                                                                                                                                                                                  PT Bank QNB Indonesia Tbk Annual Report 2025
Page 54
104                                                                                                                                                                                                                                                                   105
                    2025 Highlights                        Reports to Stakeholders                  Company Profile               Management Discussion and Analysis                            Corporate Governance (GCG)                  Sustainability




Solvency                                                       Profitability                                               Qualitative Disclosure

The Bank maintains a strong capital reserve to ensure          ROA and ROE, which were recorded at 0.74% and                                Category                             Definition of Loan Category                    Indicators/Criteria for Loan Category
long‑term business sustainability while remaining              1.31% in 2024, respectively, both decreased to 0.24%
capable of pursuing business expansion when needed.            and -1.11% in 2025. This decline was solely due to the          Corporate                                Loans to Companies and Legal Entities              Plafond > Turnover of up to IDR1.5 trillion
As of the end of 2025, the Bank’s solvency declined, as        derecognition of Deferred Tax Assets (DTA) amounting
reflected in the Capital Adequacy Ratio (CAR), which           to approximately IDR88 billion. The DTA derecognition           Retail                                   Loans to Individuals                               Plafond of IDR500,000 to IDR15,000,000
stood at 52.22%, down from 56.15% at the end of 2024.          is an accounting treatment that is non‑cash,
                                                               non‑operational, and non‑recurring in nature.
                                                                                                                           Note:
Liquidity
                                                                                                                           •      Prime Lending Rate (SBDK) is determined by the Bank based on various factors, including the benchmark interest rate set by the competent
                                                               Loan Collectability
The Macroprudential Intermediation Ratio (RIM) has                                                                                authority, the cost of fund, overhead cost, profit margin, and economic developments
continued to increase since 2022, reaching 120.23%             Despite the increase in lending disbursement in 2025        •      Prime Lending Rate (SBDK) does not consider the estimated risk premium component, the amount of which depends on the Bank’s
at the end of 2025, indicating alignment with Bank's           compared with 2024, the gross NPL ratio decreased                  assessment of the risk for each debtor or group of debtors.
strategy in managing cost of funds.                            from 2.71% in 2024 to 2.24% in 2025. During the same
                                                               period, the net NPL ratio also declined from 0.71% to
                                                               0.66%. Both ratios remain well below the thresholds set
                                                               by the regulator, and the Bank continues to apply strict
                                                               and prudent lending practices.

                                                                                                                           Quality of earning assets
Prime lending rate
                                                                                                                           The quality of a bank’s earning asset is an assessment of the risk and the Bank's ability to generate income from
                                                                                                                           placements, derivative receivables, securities, loans, and other forms of funding. As of 31 December 2025, the Bank’s
                                                                                                                           total earning assets reached IDR16.24 trillion, an increase of IDR1.2 trillion compared to that of 2024 of IDR15 trillion.

Prime Lending Rate (SBDK) is the basis for determining lending rate charged to customers. QNB Indonesia has published
the Prime Lending Rate in Rupiah in accordance with Financial Services Authority (OJK) Regulation No. 18 of 2025 on        Table of Earning Assets
Transparency and Publication of Bank Reports and OJK Circular No. 29/SEOJK.03/2025 on Transparency and Publication
of Conventional Commercial Bank Reports, which regulates the transparency of bank product information and the use of                                                                                                                              Change
customer personal data.                                                                                                                                                              2025                     2024
                                                                                                                                              Description
                                                                                                                                                                                  (IDR-Million)            (IDR-Million)                Nominal              Percentage
The Prime Lending Rate published by the Bank has not yet considered the estimated risk premium component, as its                                                                                                                      (IDR-Million)              (%)
amount is adjusted based on the Bank’s assessment of the risk of each debtor or group of debtors. Therefore, the lending
rate charged may not necessarily be the same as the Prime Lending Rate. The Bank continuously reviews and updates the          Current Accounts with Bank Indonesia                      364,492                    410,213                   (45,721)           -11.15%
Prime Lending Rate in accordance with movements in the BI 7-Day Reverse Repo Rate (BI7DRR).
                                                                                                                               Current Accounts with Other Banks                            17,504                   38,818                   (21,314)         -54.90%
The Bank classifies Prime Lending Rate (SBDK) into three groups based on loan segmentation: Non-MSME Loans, MSME
Loans, and Consumer Loans. More detailed information regarding the applicable Prime Lending Rate (SBDK) can be                 Placements with Bank Indonesia and                        1,241,384               1,336,301                    (94,917)           -7.10%
found in publications at each Bank office and/or on the official website of QNB Indonesia at www.qnb.co.id.                    Other Banks

                                                                                                                               Derivative Receivables                                            590                 3,269                     (2,679)           -81.95

                                        Non-MSME Loans                 MSME Loans                   Consumer Loan              Acceptance Receivables                                      87,889                          0                   87,889          100.00%

                                                                                                                               Securities purchased under agreements                        10,872                         0                   10,872          100.00%
             Period                                                                                            Non-
                                                                                                  Housing                      to resell
         December 2025                                                                             Loan/
                                                                                                              Housing
                                      Corporate   Retail     Medium       Small       Micro      Apartment
                                                                                                             Loan/Non-
                                                                                                             Apartment         Loans                                                    9,784,468               8,454,566                   1,329,902            15.73%
                                                                                                   Loan
                                                                                                               Loan
                                                                                                                               Securities                                                1,481,150               2,160,025                  (678,875)           -31.43%
Cost of Fund (HPDK) (%)                4.60%           -        -           -            -           -           -
                                                                                                                               Commitments and Contingencies                            3,252,753                2,597,064                   655,689            25.25%
Overhead Cost (%)                       1.72%          -        -           -            -           -           -
                                                                                                                               Total                                                   16,241,102              15,000,655                   1,240,447            8.27%
Profit Margin (%)                       0.71%          -        -           -            -           -           -

Prime Lending Rate (SBDK) (%)          7.03%       N/A         N/A         N/A         N/A         N/A          N/A
(HPDK + Overhead + Margin)




                                                                                                                                                                                                                               PT Bank QNB Indonesia Tbk Annual Report 2025
Page 55
106                                                                                                                                                                                                                                                      107
                    2025 Highlights                          Reports to Stakeholders                    Company Profile         Management Discussion and Analysis                  Corporate Governance (GCG)                 Sustainability




Commitments and business contingencies                                                                                      Capital structure and management policy
The Bank reported commitment and contingency transactions at the end of 2025 in a total net amount of minus                 on capital structure
IDR56.69 billion, with unused credit facilities granted to customers amounting to IDR3.02 billion. Further details are
provided in Note 37 to the Financial Statements.

During the reporting period, the Bank also entered into several material agreements, as disclosed in Note 41 to
the Financial Statements. The Bank additionally recognised contingent assets, as presented in Note 42 to the
Financial Statements.                                                                                                       Basis for selecting management policies on capital structure
                                                                                                                            To comply with regulatory requirements, the Bank ensures that all capital adequacy activities are aligned with applicable
                                                                                                                            Financial Services Authority Regulations (“POJK”). Capital management is arranged based on corporate strategy and
                                                                                                                            organisation needs, by considering regulatory dynamics, as well as economic and commercial conditions that impact
                                                                                                                            operations. Capital adequacy calculations are carried out in line with POJK standards, with regulatory-required capital

Debt service ability and receivables
                                                                                                                            structure classified into two tiers to ensure business resilience and continuity.
                                                                                                                            • Tier 1 capital, which includes issued and fully paid share capital, advanced capital, general and legal reserve, retained


collectibility level
                                                                                                                                earnings and profit (loss) for the year, profit (loss) from prior year, intangible assets, and difference between provision
                                                                                                                                for loan losses and allowance for impairment losses for earning asset and non-earning asset, deferred tax asset, and
                                                                                                                                instruments that fulfils terms;
                                                                                                                            • Tier 2 capital, which includes capital instruments in the form of shares or others that fulfills terms, required general
                                                                                                                                provision for earning assets.

                                                                                                                            The Bank does not have any other supplementary capital which meets the criteria of tier 3 capital under prevailing POJK.


The Bank’s ability to meet its obligations is assessed through                                                              Management policy on capital structure

liquidity and solvency ratios. Liquidity measures short-term                                                                The Bank’s policy is aimed at maintaining a solid capital foundation to maintain investor, creditor, and market player
                                                                                                                            confidence, while supporting sustainable business growth in the future. In implementing this policy, the Bank considers
payment capacity, while solvency reflects the Bank’s ability to meet                                                        the impact of capital levels on shareholder returns, including the importance of balancing high returns, enabled by greater
                                                                                                                            gearing, with the advantages and security benefits derived from a strong capital position.
all obligations as a whole.
                                                                                                                            The Bank’s capital management is also conducted by referring to regulatory ratios as the primary instrument for
                                                                                                                            measuring capital adequacy. OJK’s approach to measurement is primarily based on monitoring the relationship between
Short-term debt service ability                                                                                             required capital according to the risk profile and available capital, thus ensuring the Bank’s capital position remains secure
                                                                                                                            and aligned with applicable regulations.
The Bank uses a liquidity ratio measured by the Liquidity Coverage Ratio (LCR). As of 31 December 2025, the LCR was
recorded at 119.95%, a decrease compared to 2024, which stood at 174.70%. This indicates that despite the decline, the
Bank still maintained adequate short‑term liquidity to meet its net cash outflows under stress conditions, as the LCR
remained above the minimum regulatory requirement.                                                                          Capital structure details
                                                                                                                            The following is a breakdown of the Bank’s capital adequacy ratio as of 31 December 2025 and 2024:

Long-term debt service ability                                                                                              Table of Capital Structure
                                                                                                                            (in million Rupiah, unless stated otherwise)
The NSFR is used by the Bank to measure long‑term solvency. As of the end of 2025, the ratio was recorded at 140.40%,
lower compared to 2024, which stood at 154.36%. This indicates that, overall, the Bank’s ability to meet its long‑term                                                                                                       Increase (Decrease)
obligations remains strong despite the decline, as the NSFR continues to exceed the minimum regulatory requirement.
                                                                                                                                              Description                    2025                 2024
                                                                                                                                                                                                                                             Percentage
                                                                                                                                                                                                                         Nominal
                                                                                                                                                                                                                                                 (%)
Receivables collectibility level
The Bank’s receivables collectability level is measured by the Non-Performing Loan (NPL) ratio, both gross and net, which    Tier 1 capital                                  4,478,753              4,265,916                  212,837              4.99%
reflects the quality of the Bank’s earning assets. In 2025, the Bank’s Gross NPL was recorded at 2.24%, representing a
decrease from the previous year’s level of 2.71%. Meanwhile, the Bank’s Net NPL in 2025 stood at 0.66%, also decreasing      Tier 2 capital                                    94,088                    75,517                  18,571            24.59%
from 0.71% in the prior year. This decline reflects an improvement in credit quality and the effectiveness of the Bank’s
credit risk management, including monitoring, collection, and loan restructuring processes.                                  Total regulatory capital                         4,572,841              4,341,433                  231,408               5.33%

Additionally, the ratio of non-performing earning assets to total earning assets decreased from 1.55% in 2024 to 1.36% in    Risk-weighted assets
2025, further indicating an overall improvement in the quality of the Bank’s loan portfolio.
                                                                                                                             Credit risk                                     8,114,998               7,071,307               1,043,691              14.76%

                                                                                                                             Market risk                                         67,431                67,779                    (348)              -0.51%

                                                                                                                             Operational risk                                  573,897                592,919                 (19,022)              -3.21%




                                                                                                                                                                                                                  PT Bank QNB Indonesia Tbk Annual Report 2025
Page 56
108                                                                                                                                                                                                                                                  109
                    2025 Highlights                        Reports to Stakeholders                   Company Profile          Management Discussion and Analysis                 Corporate Governance (GCG)               Sustainability




                                                                                                                          Realisation of investments in
                                                                                                                          capital goods
                                                                                         Increase (Decrease)

               Description                   2025                 2024
                                                                                                         Percentage       In the reporting period up to 31 December 2025, the Bank made Investments related to leasehold improvement
                                                                                      Nominal
                                                                                                             (%)          amounting to IDR349 Million n as well as in office equipment, furniture, and fixtures, amounting to IDR17.68 Billion, as
                                                                                                                          detailed in Note 15 to the Financial Statements, on page 79.
Total risk-weighted assets                   8,756,326             7,732,005             1,024,321             13.25

Capital adequacy ratio for credit risk (%)       56.35                   61.40                                 (5.05)



                                                                                                                          Material information and facts occurring
Capital adequacy ratio for credit risk            52.63                  56.65                                 (4.02)
and operational risk (%)

Minimum capital adequacy ratio for
credit risk, market risk, and operational
risk (%)
                                                 52.22                   56.15                                 (3.93)
                                                                                                                          after the Accountant’s Report
Required capital adequacy ratio(%)                8.00                   8.00                                   0.00
                                                                                                                          Subsequent to 31 December 2025, the Bank decided to streamline its branch network. As part of this initiative, 3
Required capital adequacy ratio                   9.00                   9.00                                   0.00      branches and 1 sub-branch were officially closed in January 2026. Following the closure, the Bank operates through three
accordance with risk profile (%)                                                                                          remaining branches, namely Jakarta - SCBD, Jakarta - Gajah Mada, Medan - Pemuda.




Material commitments for investments in
capital goods
Throughout 2025, the Bank did not record any material commitments for investments in capital goods, therefore, there is
no related information included in this Annual Report.




                                                                                                                                                                                                             PT Bank QNB Indonesia Tbk Annual Report 2025
Page 57
 110                                                                                                                                                                                                                                                111
                   2025 Highlights                         Reports to Stakeholders                  Company Profile         Management Discussion and Analysis                 Corporate Governance (GCG)             Sustainability




Comparison of targets and                                                                                               One year forward projections
realisations in 2025                                                                                                    The global economic outlook for 2026 points to a more stable and
                                                                                                                        better‑synchronised macroeconomic environment, supported by
For 2025, the Bank set financial targets, including maintaining a CAR above 20% as well as LCR and NSFR levels          continued policy easing from the Fed, a cyclical recovery in Europe,
significantly above the regulatory requirement of 100%. Through the implementation of prudent banking practices and
a well‑established capital management framework, the Bank successfully achieved these targets, recording a CAR of
                                                                                                                        and sustained resilience in China. Nonetheless, inflation and
52.22%, an LCR of 119.95%, and an NSFR of 140.40% as of year‑end 2025.                                                  financial conditions are expected to remain volatile.
The Bank also recorded a RIM of 120.23% at the end of 2025, in line with the target set at the beginning of the year,
namely maintaining RIM above 120%. For 2025, the Bank aimed to sustain a NIM above 3%, and although slightly below      Global growth in 2026 is projected at around 3.3%,              With respect to global monetary policy, the ECB is
this target, the Bank delivered a strong performance with a NIM of 2.92% for the year.                                  reflecting moderate acceleration while still slightly           expected to have completed its easing cycle in 2025.
                                                                                                                        below long‑term trends. Economic activity is expected           The Fed, however, is anticipated to retain room for
                                                                                                                        to become more evenly distributed across regions,               additional rate cuts of approximately 50 bps in 2026,
                                                                                                                        with balanced contributions from both advanced and              bringing the policy rate to around 3.25%, despite a
                                                                                                                        emerging economies. Key risks persist—including                 temporary uptick in inflation due to higher US tariffs.
                                                                                                                        geopolitical uncertainty, global trade fragmentation, and       Combined with the rate cuts enacted in late 2025, this
                                                                                                                        financial‑market volatility—but the overall growth outlook      easing is expected to support further investment and
                                                                                                                        remains resilient.                                              consumption as credit becomes more affordable and
                                                                                                                                                                                        investment opportunities more attractive.
                                                                                                                        In the United States, economic expansion in 2026 is
                                                                                                                        expected to reach approximately 2.5%. This is supported         Indonesia is projected to maintain growth of around
                                                                                                                        by rapid productivity gains driven by faster technology         5.0% - 5.2% in 2026, supported by solid domestic
                                                                                                                        adoption and strong household balance sheets. With              consumption, national strategic projects, industrial
                                                                                                                        monetary policy shifting from a restrictive stance toward       downstreaming, and increasing private investment. The
                                                                                                                        a more neutral and potentially accommodative position,          banking sector is expected to remain expansionary, with
                                                                                                                        investment and consumption are expected to remain               credit growth in the range of 10% - 12%, in line with rising
                                                                                                                        well‑supported.                                                 financing demand across productive sectors. A stable
                                                                                                                                                                                        financial system, supported by effective fiscal‑monetary
                                                                                                                        Europe is projected to continue its cyclical recovery,          coordination, will continue to serve as the foundation for
                                                                                                                        driven by more moderate energy prices, improvement in           sustaining growth momentum.
                                                                                                                        global manufacturing demand, and the lagging impact
                                                                                                                        of policy easing implemented in prior periods. These            Nonetheless, external risks such as a sharper global
                                                                                                                        factors are expected to gradually strengthen investor           slowdown, geopolitical tensions, or commodity price
                                                                                                                        sentiment and underpin a steady recovery in the region.         volatility require close attention, given their potential
                                                                                                                                                                                        impact on capital flows and exchange rate stability.
                                                                                                                        China is expected to maintain performance close to the
                                                                                                                        government’s growth target, supported by stabilising            Entering 2026, the Bank’s strategic focus is directed
                                                                                                                        manufacturing activity, improving private‑sector                toward strengthening business growth through the
                                                                                                                        sentiment, optimism around the country’s capabilities           expansion of the corporate client base, improving
                                                                                                                        in AI, and a more supportive policy mix. This momentum          asset quality, and enhancing operational efficiency.
                                                                                                                        is likely to continue providing an important lift for           These efforts are carried out through the broadening
                                                                                                                        the broader Asian region and reinforce the global               and diversification of the client portfolio based on
                                                                                                                        manufacturing cycle.                                            market insights supported by AI—particularly across
                                                                                                                                                                                        conglomerates, multinational corporations, and state-
                                                                                                                        In Southeast Asia, the five major ASEAN economies—              owned enterprises—along with strengthening Corporate
                                                                                                                        Indonesia, Malaysia, the Philippines, Singapore, and            Internet Banking capabilities, forming partnerships
                                                                                                                        Thailand—are projected to grow by around 4.5% in                to integrate banking services into local ERP/SaaS
                                                                                                                        2026. This outlook is supported by the ongoing                  platforms, and driving cross-unit collaboration to deliver
                                                                                                                        recovery in global manufacturing, an AI‑driven capex            comprehensive treasury solutions. In addition, the Bank
                                                                                                                        boom, and renewed portfolio inflows into selected               aims to optimise low‑cost CASA to reinforce sustainable
                                                                                                                        emerging markets.                                               funding and profitability.




                                                                                                                                                                                                         PT Bank QNB Indonesia Tbk Annual Report 2025
Page 58
112                                                                                                                                                                                                               113
      2025 Highlights   Reports to Stakeholders                   Company Profile             Management Discussion and Analysis                 Corporate Governance (GCG)             Sustainability




                                                                                          Business prospects
                            Digital and data transformation remains a critical            Entering the coming period, the national economy is             services institutions and digital financial players. These
                            pillar of the 2026 strategy. The Bank will integrate          projected to remain on a positive growth trajectory,            conditions encourage banks to continuously improve
                            AI across business processes to enhance decision              despite the lingering uncertainty of global dynamics,           operational efficiency, strengthen product and service
                            quality, modernise core systems, and strengthen data          including volatility in international financial markets,        differentiation, and optimise the use of technology
                            governance and cybersecurity. These initiatives are           tightening of global monetary policy, and fragmentation         and data analytics to enhance service quality and
                            supported by scalable and secure cloud adoption,              of world trade. Resilient domestic demand and effective         mitigate risks.
                            end‑to‑end process automation, system re‑platforming          economic policy coordination are deemed to be key
                            and VA remediation, enhanced testing governance (test         factors in maintaining the stability and sustainability of      Going forward, opportunities for growth in the banking
                            management), and improvements in the accuracy and             Indonesia's growth.                                             industry are expected to expand through increased
                            timeliness of regulatory reporting.                                                                                           financial inclusion, accelerated payment system
                                                                                          As stated in Bank Indonesia’s Annual Meeting Book for           digitalisation, and strengthened national digital
                            In the retail segment, priorities include strengthening       2025, entitled "Resilient and Independent: Synergy to           financial ecosystem. Banks are expected to capitalise
                            branch network efficiency, expanding a more                   Drive Higher and More Resilient Economic Growth," the           on the economic growth momentum by disbursing
                            comprehensive suite of wealth management products,            Indonesian economy is projected to grow in the range            financing selectively, with quality, and sustainably, while
                            and onboarding high‑quality new‑to‑bank (NTB)                 of 4.7% to 5.5%. This growth is driven by household             maintaining a balance between business expansion and
                            customers to support funding growth and fee-based             consumption that remains strong, increased investment,          implementation of prudential principles.
                            income. From a risk and governance perspective,               and sustained government spending. At the same time,
                            the Bank continues to enhance its risk management             inflation rate is expected to remain controlled within          Entering 2026, QNB Indonesia views that the
                            capabilities, including privileged access control (e.g.,      the target of 2.5%, with a deviation of approximately           banking business outlook stays on a positive growth
                            CyberArk) and log/forensic management tools (e.g.,            1%, reflecting price stability and a consistent mix of          path, despite facing global and domestic economic
                            Townsend/Log Alliance). The Bank is also accelerating         monetary and fiscal policies, as well as support for the        dynamics that still require vigilance. National economic
                            its phased implementation of ESG initiatives and              real sector.                                                    stability, more measured monetary policy direction,
                            refining the third‑party risk management (TPRM)                                                                               and government efforts to encourage real sector
                            framework to ensure compliance, operational resilience,       This macroeconomic stability creates a conducive                growth are supporting factors for increasing banking
                            and stakeholder trust.                                        business climate for business and financial services            intermediation activity.
                                                                                          sector. Investment activity is expected to continue
                            The Bank’s action plan is anchored on three visionary         to increase in line with accelerated infrastructure             The Bank sees these growth opportunities primarily
                            pillars: Go Deeper — through more intelligent customer        development, strengthening of value-added                       in financing top-tier corporate clients as well as with
                            insights, Go Wider — by accelerating expansion enabled        manufacturing sector, downstreaming of natural                  increased focus on conglomerates, multinational
                            by AI, and Go Further — by leveraging synergies across        resources, and digital-based economic transformation.           corporations (MNCs), and state-owned enterprises
                            the global network. This approach positions QNB               Externally, resilient balance of payments and adequate          (SOEs, which have strong fundamentals, in line with the
                            Indonesia to emerge as an AI-driven leader in Corporate       foreign exchange reserves are expected to remain key            increasing need for funding for business expansion and
                            Banking, capture top‑tier market share, and contribute        buffer in maintaining rupiah exchange rate stability            optimisation of the business value chain. Meanwhile,
                            to Indonesia’s vision of achieving high-income status         amidst global market fluctuations.                              strengthening the funding base through efficient
                            by 2045.                                                                                                                      funding structure management remains a key focus to
                                                                                          In this context, the outlook for the national banking           maintain competitiveness and sustainable performance.
                            Aligned with this strategic direction, QNB Indonesia          industry is expected to remain constructive. Industry-
                            targets business and credit portfolio growth reaching         wide bank lending growth is projected to be in the
                            IDR10.56 trillion by the end of 2026, with gross and          range of 8 percent to 12%, in line with the increasing
                            net NPL ratios maintained within regulatory thresholds.       need for financing in the productive sector, household
                            The Bank aims to keep its Net Interest Margin (NIM)           consumption, and financing for micro, small, and
                            above 3%, while key liquidity indicators—particularly the     medium-sized enterprises. On the funding side, growth
                            Liquidity Coverage Ratio (LCR) and Net Stable Funding         in public funds collected by banks is expected to remain
                            Ratio (NSFR)—will be maintained above regulatory              solid, reflecting maintained public trust in the national
                            requirements. The Loan‑to‑Deposit Ratio (LDR) and             financial system.
                            Macroprudential Intermediation Ratio (RIM) are set at
                            levels that reflect healthy intermediation, and the Capital   Financial system resilience is also projected to remain
                            Adequacy Ratio (CAR) will remain above 20%, providing         strong, supported by adequate bank capital, well-
                            a robust buffer against potential uncertainties.              managed liquidity, and relatively stable asset quality.
                                                                                          The industry-wide non-performing loan ratio is
                                                                                          expected to remain within sound limit, in line with the
                                                                                          implementation of prudential principles, strengthened
                                                                                          governance, and improved risk management by
                                                                                          each bank.

                                                                                          Nevertheless, the banking industry continues to face
                                                                                          a number of structural challenges, including rising
                                                                                          pressure on funding costs, the need for ongoing
                                                                                          investment in information technology infrastructure,
                                                                                          and intensifying competition from non-bank financial



                                                                                                                                                                           PT Bank QNB Indonesia Tbk Annual Report 2025
Page 59
 114                                                                                                                                                                                                                                                        115
                    2025 Highlights                            Reports to Stakeholders                  Company Profile           Management Discussion and Analysis                Corporate Governance (GCG)                  Sustainability




Marketing aspect                                                                                                              Dividend policy and distribution
Marketing strategy                                                 QNB Indonesia's marketing strategy aligns with the         Dividend policy and distribution
                                                                   full support of QNB Group, which strengthens its
In facing the increasingly fierce competition in the                                                                          Provisions regarding the Company’s dividend distribution refer to the Articles of Association and applicable laws
                                                                   resource capabilities and product offerings, while
banking industry, QNB Indonesia applies an integrated                                                                         and regulations. Dividend distribution is determined by the Annual General Meeting of Shareholders (GMS), by
                                                                   maintaining good corporate governance and prudent
and focused marketing strategy to strengthen its                                                                              considering the Company’s financial capabilities. Until 2025, the Bank did not distribute dividends based on the 2025
                                                                   risk management as the foundation for the long-term
competitive position and drive sustainable business                                                                           AGMS Resolutions.
                                                                   implementation of this marketing strategy.
growth. The Bank directs its marketing efforts primarily
toward deepening relationships with large corporate
and institutional segments through a personalised
                                                                   Market share
and relevant financial solutions approach, including
sophisticated and integrated digital banking services              Within the context of national banking industry,
such as Corporate Internet Banking, API, and virtual               QNB Indonesia implements a strategy focusing on
account to meet customers' real-time transaction and               strategically selected business segments, with a


                                                                                                                              Taxation aspect
cash management needs.                                             selective and targeted growth approach. This focus
                                                                   reflects the Bank's commitment to developing a quality
Furthermore, QNB Indonesia leverages strategic                     business portfolio, aligned with market characteristics
partnerships with business players and premium brands              and the needs of its prioritise customers.
to expand its network and increase added value for
                                                                                                                              Tax payment publication
customers, such as collaborating with retail partners              Nevertheless, the Bank continues to strengthen its
to provide exclusive offers to premium customers.                  position by developing fundamentally strong corporate      In carrying out its business activities, the Bank upholds compliance with laws and regulations, including tax regulations.
This aims to increase the attractiveness of the Bank's             and institutional business, supported by synergies         The management of tax rights and obligations is carried out based on the principles of transparency and accountability.
products and services and build customer loyalty across            with QNB Group, and implementing a prudent growth
various market segments.                                           strategy. This approach is expected to sustainably
                                                                   increase the Bank's contribution to its key focus market   Tax payment
Digital transformation is also a key pillar of its marketing       segments, while maintaining asset quality and sound
                                                                                                                              As of 31 December 2025, the Company’s tax contribution was recorded at IDR125.21 billion, an increase of IDR18.87 billion
strategy, where the Bank continues to enhance its digital          financial performance.
                                                                                                                              or 17.74% compared to that of the previous year of IDR106.34 billion.
capabilities to facilitate service access and enhance
customer experience. The implementation of digital
channels is expected to not only strengthen customer
                                                                                                                              Table of Tax Payment
acquisition but also increase customer engagement
through practical and efficient service features.
                                                                                                                                                                                                      Total (in whole Rupiah)
                                                                                                                                               Description
                                                                                                                                                                                         2025                                        2024

                                                                                                                              Tax article 21                                                    52,077,232,805                              46,016,210,424

                                                                                                                              Tax article 23                                                    2,046,242,494                                    1,717,681,937

                                                                                                                              Tax article 26                                                     3,868,305,721                               1,267,949,373

                                                                                                                              Tax article 4(2)                                                  62,060,169,422                              53,324,247,556

                                                                                                                              VAT                                                                5,160,017,599                                   4,017,418,812

                                                                                                                              Total                                                           125,211,968,041                            106,343,508,102




                                                                                                                                                                                                                 PT Bank QNB Indonesia Tbk Annual Report 2025
Page 60
 116                                                                                                                                                                                                                                                  117
                     2025 Highlights                          Reports to Stakeholders                  Company Profile         Management Discussion and Analysis               Corporate Governance (GCG)                 Sustainability




Actual use of
public offering proceeds
In 2023, the Bank conducted a Limited Public Offering VII (PUT VII) with Rights Issue (HMETD) for 14,721,362,381 shares.
The proceeds from PUT VII, after deducting all related costs, have been used according to the plan to use the proceeds,
as disclosed in the Prospectus. The remaining proceeds from PUT VII were fully utilised for working capital for loan
growth, as stated in the Bank's Report on 14 July 2025, and summaries in the following table:


Table of actual use of public offering proceeds

                                                                        Actual Value of Public Offering Proceeds                           Plan to Use Proceeds                               Actual Use of Proceeds

                                                                                                                                                                                                                                          Remaining
                                                  Effective                                                                   For Working Capital in the                         For Working Capital in the
 No     Type of Public Offering    Issuer Name                                                                                                                                                                                          Public Offering
                                                    Date          Total Public     Public Offering                             Framework of Business                              Framework of Business
                                                                                                     Net Actual Proceeds                                          Total                                                 Total             Proceeds
                                                               Offering Proceeds        Fees                                 Development in the Form of                         Development in the Form of
                                                                                                                                  Credit Expansion                                   Credit Expansion

 1     Limited Public Offering         BKSW       28 April     3,680,340,595,250     3,437,466,214      3,676,903,129,036             3,676,903,129,036     3,676,903,129,036            3,676,903,129,036         3,676,903,129,036                   0
       VII                                         2023

       Total                                                  3,680,340,595,250     3,437,466,214      3,676,903,129,036             3,676,903,129,036      3,676,903,129,036            3,676,903,129,036        3,676,903,129,036                    0




Employee and/or management stock                                                                                            Material transaction information for
ownership program (ESOP/MSOP)                                                                                               investment, expansion, divestment,
                                                                                                                            business merger/consolidation,
As of 31 December 2025, the Bank did not operate any Employee Stock Ownership Program (ESOP) and/or Management
                                                                                                                            acquisition, and debt/capital restructuring
Stock Ownership Program (MSOP). Therefore, there is no related information presented in this Annual Report.


                                                                                                                            As of 31 December 2025, the Bank did not engage in investment, expansion, divestment, business merger/consolidation,
                                                                                                                            acquisition, or debt/capital restructuring. Therefore, there is no material information regarding investment, expansion,
                                                                                                                            divestment, business merger/consolidation, acquisition, or debt/capital restructuring presented in this report.




                                                                                                                                                                                                              PT Bank QNB Indonesia Tbk Annual Report 2025
Page 61
 118                                                                                                                                                                                                                                                  119
                    2025 Highlights                          Reports to Stakeholders                    Company Profile            Management Discussion and Analysis                   Corporate Governance (GCG)          Sustainability




Transactions with affiliated parties
Transaction review mechanism policy and                          Policy on affiliated/related party                            Name, nature of relationship, and realisation of
compliance with related regulations and                          The Bank conducts transactions with related parties in        transactions with affiliated/related parties
provisions                                                       accordance with the definition outlined in PSAK 224.          The names, nature of relationships, and details of
Transaction Review Mechanism Policy and Compliance               These transactions are conducted on terms agreed to by        transactions between the Bank and material related
with Related Regulations and Provisions                          both parties, which may differ from other transactions        parties can be found in Note 36 in the Audited
In carrying out its business activities, the Bank engages        with unrelated parties.                                       Consolidated Financial Statements in this report.
in transactions with related parties as defined in
Statement of Financial Accounting Standards (PSAK)               Parties defined as related parties under PSAK 224 are:
224 on “Related Party Disclosures.” The Bank is part             1. person or close member of a person’s family is             Board of Directors’ statement on affiliated
of a business group that, in carrying out its operations,            related to a reporting entity if that person:             party transactions
interacts and conducts transactions with related parties.            a. Has control or joint control over the
                                                                         reporting entity;                                     As a form of transparency and compliance with
                                                                     b. Has significant influence over the reporting           reporting standards, the Board of Directors confirms
These transactions are conducted under terms and
                                                                         entity; or                                            that the Bank conducts transactions with related parties
conditions agreed upon by each party, in accordance
                                                                     c. Is a member of the key management personnel            as defined in PSAK No. 7 “Related Party Disclosures.”
with terms, conditions, and economic benefits that
                                                                         of the reporting entity or a parent of the            Every affiliated transaction is conducted based on
are substantially comparable to transactions with third
                                                                         reporting entity.                                     prudence principle and through adequate procedures
parties. The Bank also ensures that all transactions
                                                                                                                               to ensure that its implementation follows the generally
are conducted with due regard for the principle of
                                                                 2. An entity is related to a reporting entity if any of the   accepted business practices, including the application
prudence in accordance with generally accepted
                                                                    following conditions apply:                                of the arm’s-length principle.
business practices.
                                                                    a. The entity is a member of the same group with
The review mechanism for material transactions                           the reporting entity;
containing conflicts of interest and/or transactions with           b. It is an associate or joint venture of the entity (or   Role of the Board of Commissioners and Audit
affiliated/related parties is conducted through an audit                 the associate or joint venture is a member of a       Committee in affiliated transactions
process by the Audit Committee, the results of which are                 group of which the entity is a member);               The Board of Commissioners and Audit Committee play
then reported to the Board of Commissioners.                        c. The entity is a joint venture of the same third         a crucial role in ensuring that every affiliated transaction
                                                                         party with another entity;                            is conducted in accordance with generally accepted
Throughout 2025, the Bank did not violate any laws and              d. An entity that is a joint venture of a third party      business practices, including the application of the
regulations related to material transactions containing                  and another entity that is an associate of the        arm’s-length principle. Oversight is conducted through
conflicts of interest and/or transactions with affiliated/               third entity;                                         a systematic review process at each stage of the
related parties.                                                    e. An entity that is a post-employment benefit plan        transaction to ensure compliance with the Company’s
                                                                         for the benefit of employees of the reporting         regulations and internal policies.
                                                                         entity or an entity related to the reporting
Company or management commitment to                                      entity. If the reporting entity administers the
material transactions containing conflicts of                            plan, the sponsoring entity is also related to the
                                                                                                                               Statement regarding regular, recurring, and/or
                                                                         reporting entity;
interest and/or transactions with affiliated                                                                                   continuing operating revenue.
                                                                    f. An entity that is controlled or jointly controlled
parties
                                                                         by a person identified in (1) above;                  In support of a business strategy focused on sustainable
Regarding transactions with related parties, the                    g. A person identified in (1)(a) that has significant      growth, the Bank conducts affiliated transactions to
transactions with related parties are conducted as                       influence over the entity or is a member of the       strengthen its operating revenue performance. These
defined in PSAK 224 “Related Party Disclosures” and                      key management personnel of that entity.              transactions are conducted regularly, repeatedly,
Bapepam-LK Regulation No. KEP-347/BL/2012 dated                                                                                and consistently, based on the principles of good
25 June 2012, on the Presentation and Disclosure of                                                                            corporate governance. Each transaction prioritise
Financial Statements of Issuers or Public Companies.                                                                           transparency, accountability, and compliance with
The Bank, through its Board of Directors, Board of                                                                             applicable regulations, thereby maintaining operational
Commissioners, and Audit Committee, ensures that                                                                               integrity and protecting stakeholder interests. Through
all transactions have undergone adequate procedures,                                                                           this mechanism, the Bank encourages the creation of
are carried out in accordance with generally accepted                                                                          synergies with affiliates, increases operational efficiency,
business practices, and comply with the arm’s                                                                                  and provides sustainable added value.
length principle.




                                                                                                                                                                                                               PT Bank QNB Indonesia Tbk Annual Report 2025
Page 62
120                                                                                                                                                                                                                                                    121
                   2025 Highlights                            Reports to Stakeholders                      Company Profile          Management Discussion and Analysis            Corporate Governance (GCG)                Sustainability




Amendments to regulations affecting the
company
                                                                                                                                   Amendments to
                                                                                                                                                      Date Established       Explanation                       Impact on the Company
                                                                                                                                    Regulations

                                                                                                                                  POJK No. 22/2025   15 September 2025   Commercial           This POJK regulates the obligation of banks to submit
                                                                                                                                                                         Bank Reporting       reports online through the OJK reporting system
Amendments to regulations that occurred in 2025 had a significant impact on the operational and financial performance                                                    through OJK Online   (APOLO), which includes periodic reports and incidental
of QNB Indonesia. The following is information regarding these regulatory amendments and their impacts on the Bank:                                                      Reporting System     reports, including the submission of unstructured reports
                                                                                                                                                                         (APOLO)              that were previously submitted through SIPENA, which
                                                                                                                                                                                              will be transferred to APOLO in 2026.
Table of Amendments to Regulation that Impact the Company
                                                                                                                                  POJK No. 40 of     19 December 2025    Use of Proceeds      Regulating the report on the realisation of the use
   Amendments to
                        Date Established        Explanation                         Impact on the Company                         2025                                   from the Public      of funds from the public offering, as well as the
    Regulations                                                                                                                                                          Offering             announcement media and the language of the (Report on
                                                                                                                                                                                              the Realisation of Fund Utilisation) LRPD announcement.
SEOJK No 5/           9 May 2025            Reporting              The issuance of this regulation serves as an integrated
SEOJK.04/ 2025                              Guidelines for         framework concerning the obligations of Mutual Fund            SEOJK No.31/       28 November 2025    Reporting of         Regulating the guidelines for the implementation of
                                            Mutual Fund            Selling Agents (APERD) to submit Periodic Reports to           SEOJK.03/2025                          Conventional         reporting to the OJK through the OJK Reporting System
                                            Sales Agents and       the Financial Services Authority in a complete, accurate,                                             Commercial Banks     (APOLO), which stipulates the types of reports that must
                                            Commercial Banks       current, and timely manner, covering annual reports and                                               Through the OJK      be submitted by BUK, including periodic reports and
                                            as Custodians          monthly reports.                                                                                      Reporting System     incidental reports, along with provisions on data position,
                                                                                                                                                                                              periodicity, and submission deadlines.

SEOJK No. 14/         24 June 2025          Implementation         For the implementation of good governance, the Bank
SEOJK.03/2025                               of Governance for      must conduct self-assessments on a semi-annual                 SEOJK No. 20/      8 September 2025    Publication on       Regulates the publication of complaint service
                                            Commercial Banks       basis, covering at least 16 (sixteen) factors, previously      SEOJK.08/2025                          Complaint Handling   procedures and complaint handling, as well as the forms
                                                                   only 11 (eleven) factors of governance implementation                                                 and Complaint        of reports and the procedures for filling out complaint
                                                                   assessment. This should be carried out comprehensively                                                Service Reports      service reports. Appoints one member of the Board
                                                                   to evaluate the adequacy of governance implementation,                                                                     of Directors to be responsible for the preparation and
                                                                   enabling the Bank to promptly establish an action plan,                                                                    submission of the Complaint Service Reports and ensures
                                                                   which includes the necessary corrective actions in case                                                                    that the reports are submitted online, through the
                                                                   there are still weaknesses in governance implementation,                                                                   electronic reporting system for the supervision of PUJK
                                                                   as an effort to improve and enhance the quality of                                                                         behavior, education, and consumer protection, and must
                                                                   governance implementation.                                                                                                 have access to the electronic reporting system.

                                                                                                                                  POJK No.38 of      18 December 2025    Lawsuit by the       Regulating the filing of lawsuits by the Financial Services
POJK No. 18 of        4 August 2025         Transparency and       Regulation coverage including adjustment among others          2025                                   Financial Services   Authority (OJK) for consumer protection in the financial
2025                                        Publication of Bank    govern the statement of responsibility of the BoD and                                                 Authority for        services sector, which includes provisions regarding: the
                                            Reports                BoC regarding the Published Financial Report and Annual                                               Consumer             authority to file lawsuits, the objectives of the lawsuits,
                                                                   Financial Performance Information (annual report),                                                    Protection in the    the implementation of the lawsuits, the execution of
                                                                   requirement of Chartered Accountant certification for                                                 Financial Services   court decisions on the lawsuits, and the reporting of the
                                                                   financial reporting officer or Executive Officer                                                      Sector               execution of the decisions.

POJK No. 19/2025      28 August 2025        Easy Access to         This regulation covers governance, risk management, and
                                            Financing for Micro,   funding plans for MSMEs. Banks are required to provide         SEOJK No.26/       19 November 2025    Internal Liquidity   Regulates the Internal Liquidity Adequacy Assessment
                                            Small and Medium       easy access to financing for MSMEs. Ease of Access to          SEOJK.03/2025                          Adequacy             Process (ILAAP) in which the Bank needs to ensure that
                                            Enterprises (UMKM)     MSME Financing is provided by applying the principles of                                              Assessment           its liquidity management is in line with the level of risk
                                                                   simplicity, accuracy, speed, affordability, and inclusivity.                                          Process for          taken (risk appetite) and the risk tolerance set by the
                                                                   Therefore, banks must also have policies and procedures                                               Commercial Banks     Bank, as well as taking into account the impact of liquidity
                                                                   that regulate these matters.                                                                                               risk on the Bank's condition.

POJK No. 24/2025      4 November 2025       Account                Newly classification of account i.e. inactive account, aside   SEOJK No. 29/      26 November 2025    Transparency         Regulating the scope, format, and procedures for
                                            Management in          from active and dormant account. Bank is required to           SEOJK.03/2025                          and Publication      the preparation, announcement, and submission of
                                            Commercial Bank        establish the policy and procedure; inform the customer                                               of Conventional      publication reports by conventional commercial banks, as
                                                                   of their account status; conduct tight supervisors against                                            Commercial Bank      well as ensuring the submission of the Bank Publication
                                                                   fraud and AML CFT CPF aspect to the inactive and                                                      Reports              Report uses the new format by referring to the Guidelines
                                                                   dormant account.                                                                                                           for the Preparation of Commercial Bank Publication
                                                                                                                                                                                              Reports.




                                                                                                                                                                                                              PT Bank QNB Indonesia Tbk Annual Report 2025
Page 63
122                                                                                                                                                                                                                                                 123
                    2025 Highlights                          Reports to Stakeholders                      Company Profile        Management Discussion and Analysis             Corporate Governance (GCG)                Sustainability




  Amendments to                                                                                                                 Amendments to
                        Date Established       Explanation                         Impact on the Company                                           Date Established       Explanation                         Impact on the Company
   Regulations                                                                                                                   Regulations

PADK No. 37/          2 December 2025      Provision of           Regulating the provision of product and service              PADG No. 24/2025   31 October 2025     Implementation         Strengthening and adjustments to certain aspects such
PADK.08/2025                               Information and        information, the dissemination of information for                                                   of Real-Time Fund      as the management of the web-based BI-RTGS payment
                                           Communication          marketing products and services, the Bank’s cooperation                                             Settlement through     gateway, periodic reconciliation of BI-RTGS transactions,
                                           of Information for     with third parties in the provision and dissemination of                                            BI-RTGS System         compliance with obligations related to information system
                                           Marketing Financial    information for marketing products and services, and                                                                       security and cyber resilience, requirements to have an
                                           Products and           the documentation of product and service information                                                                       incident response and recovery team, and responsibility
                                           Services               materials.                                                                                                                 for the accuracy of Fund Settlement instructions and all
                                                                                                                                                                                             information sent by the Bank to the Organiser through the
PADK No. 42/          16 December 2025     Written Order          This POJK regulates the authority of the OJK to issue                                                                      BI-RTGS System.
PADK.03/2025                               for Handling           Written Orders to Banks to carry out and/or receive
                                           Bank Issues            Mergers, Consolidations, Acquisitions, Integrations,         PADG No. 21/2025   20 October 2025     Foreign Exchange       Ensuring the implementation of Foreign Exchange
                                           through Merger,        and/or Conversions (P3IK) in the context of handling                                                Monetary Operation     Monetary Operations regulations is in accordance with
                                           Consolidation,         Bank issues, as well as provisions regarding the criteria,                                                                 the duties and authorities of Bank Indonesia in achieving
                                           Acquisition,           procedures, follow-up actions, implementation process,                                                                     the objectives of Monetary Operations. Regulations
                                           Integration, and/or    evaluation of compliance, and submission of reports to                                                                     on Foreign Exchange Monetary Operations include
                                           Conversion             the OJK.                                                                                                                   provisions for Monetary Operations Participants,
                                                                                                                                                                                             Intermediary Institutions, and other parties, including
PADG No. 4 of 2025    28 February 2025     Export Earnings        Regulations concerning foreign currency export proceeds                                                                    reporting obligations for conventional term deposit
                                           Foreign Exchange       from natural resources (DHE SDA) that have been                                                                            transactions in foreign currencies, settlement of
                                           and Import Payment     deposited by Exporters into a Special Foreign Currency                                                                     conventional term deposit transactions in foreign
                                           Foreign Exchange       Account for DHE SDA must continue to be maintained                                                                         currencies, settlement of Buy and Sell Swap transactions,
                                                                  within the Indonesian financial system in specified                                                                        and settlement of DNDF transactions.
                                                                  amounts and for certain periods as stipulated in the
                                                                  Government Regulation regarding foreign exchange from        PADG No. 23/2025   20 October 2025     Macroprudential        The scope of the Regulation includes the obligations
                                                                  the export activities of the utilisation, management, and/                                          Intermediation         of RIM Current Accounts, the obligations of PLM, the
                                                                  or processing of natural resources.                                                                 Ratio and              procedures for fulfilling the obligations of RIM Current
                                                                                                                                                                      Macroprudential        Accounts and PLM, the calculation of RIM, reporting
PBI No. 9 of 2025     26 November 2025     Macroprudential        Regulations concerning the Macroprudential Liquidity                                                Liquidity Buffer for   obligations, and the procedures for imposing sanctions.
                                           Liquidity Incentive    Incentive Policy (KLM) implemented through the                                                      Commercial
                                           Policy                 reduction of bank reserves at Bank Indonesia in order to                                            Bank
                                                                  meet the average rupiah reserve requirement obligations.
                                                                                                                               PADG No. 27 of     1 December 2025     Regulations on the     Regulates regarding the provision of the Macroprudential
PADG No. 9 of 2025    27 March 2025        Institutions           Regulating the provisions for PUVA Support Institutions      2025                                   Implementation of      Liquidity Incentive Policy (KLM), data and reports for
                                           Supporting the         and PUVA Supporting Professions encompasses aspects                                                 Macroprudential        KLM calculation, submission of information to banks, and
                                           Money Market           of duties, obligations, and registration.                                                           Liquidity Incentive    research and recalculation of KLM provision.
                                           and Foreign                                                                                                                Policies
                                           Exchange Market
                                           and Professions                                                                     PADG No. 29 of     16 December 2025    Amendment to           Regulates amendments to PADG No. 21 of 2025,
                                           Supporting the                                                                      2025                                   PADG No. 21 of         including adjustments to the definition of working days,
                                           Money Market and                                                                                                           2025 Concerning        the expansion of types of foreign currencies for spot
                                           Foreign Exchange                                                                                                           Foreign Exchange       and forward transactions, the addition of regulations
                                           Market                                                                                                                     Monetary               for executing spot transactions through an auction
                                                                                                                                                                      Operations             mechanism, adjustments to swap transaction regulations,
PADG No. 14 of        30 June 2025         BI-Fast Payment        The second amendment to the Regulation of Board of                                                                         and the addition of mechanisms for conducting spot and
2025                                       Implementation         Governors Members Number 17 of 2023. This regulation                                                                       forward transactions through an auction mechanism in
                                                                  aims for BI-FAST participants to implement security                                                                        the event of abnormal conditions.
                                                                  standards that are aligned with current risk dynamics; in
                                                                  accordance with information system security aspects,         PADG No. 32 of     24 December 2025    Payment System         Regulates the framework for structuring the industry,
                                                                  cyber resilience, and information system security            2025                                   Industry Regulation    classification of actors, activities, licensing/approvals,
                                                                  standards, as well as the obligation to have a fraud                                                                       business planning, activity development, product
                                                                  management system, intended as an effort to enhance                                                                        development, and/or collaboration, supervision, ensuring
                                                                  transaction security and mitigate fraud risks in BI-FAST                                                                   that Banks conduct independent assessments of
                                                                  transactions.                                                                                                              compliance with TIKMI (transactions, interconnection,
                                                                                                                                                                                             competence, risk management, and information
                                                                                                                                                                                             technology infrastructure), as well as submitting a
                                                                                                                                                                                             Strategic Business Plan (SBP) and a Payment System
                                                                                                                                                                                             Business Plan (RBSP).




                                                                                                                                                                                                             PT Bank QNB Indonesia Tbk Annual Report 2025
Page 64
 124                                                                                                                                                                                                                        125
                   2025 Highlights                         Reports to Stakeholders                   Company Profile     Management Discussion and Analysis   Corporate Governance (GCG)          Sustainability




Changes in accounting policies and their
impact on the company

As part of its commitment to implementing regulatory‑compliant reporting practices, the Bank prepares and presents
financial statements in accordance with the Financial Accounting Standards (SAK) applicable in Indonesia, including
all Statements and Interpretations issued by the Board of Indonesian Accounting Standards – Institute of Indonesia
Chartered Accountants. The Bank has adopted and implemented both new and revised Statements of Financial
Accounting Standards (PSAK) and Interpretations of Financial Accounting Standards (ISAK). These changes in
accounting policies are implemented in accordance with the provisions set forth in each standard and interpretation.

The following amendment and adjustment to the standards became effective for annual periods beginning on or after 1
January 2025, with early adoption permitted:
• Amendment to PSAK 221: “The Effects of Changes in Foreign Exchange Rates” regarding lack of exchangeability

The adoption of this amendment has been carried out in accordance with the respective transitional provisions of
the standard.

The implementation of this standard did not have a significant impact on the amounts reported in the current period or
prior periods.




                                                                                                                                                                                     PT Bank QNB Indonesia Tbk Annual Report 2025
Page 65
5
    Corporate
    governance
Page 66
128                                                                                                                                                                                                                                               129
                    2025 Highlights                           Reports to Stakeholders                  Company Profile            Management Discussion and Analysis              Corporate Governance (GCG)            Sustainability




GCG foundations and policy
The Bank applies the principles of Good Corporate Governance
(GCG) by developing systematic internal policies and procedures,
ensuring that the quality of the Company’s management remains
well-maintained and can be improved in a measurable manner.
Foundation of corporate governance                                10. OJK Circular Letter No. 14/SEOJK.03/2025 dated
implementation                                                        24 June 2025, regarding the Implementation of
                                                                      Governance for Commercial Banks;
The implementation of GCG serves as a comprehensive               11. OJK Regulation No. 29/POJK.04/2016 dated 29
foundation for the Bank in achieving solid performance,               July 2016, regarding the Annual Report of Issuers or
improving profitability, and creating sustainable value for           Public Companies;
all stakeholders. This approach also ensures business             12. OJK Circular Letter No. 9/SEOJK.03/2020 dated 30
resilience and sustainability amid changes in the                     June 2020, regarding Transparency and Publication
business environment.                                                 of Conventional Commercial Bank Reports;
                                                                  13. OJK Circular Letter No. 16/SEOJK.04/2021 dated 29
To maintain its effectiveness, the Bank continuously                  June 2021, regarding the Form and Content of the
refines its GCG practices to remain aligned with industry             Annual Report of Issuers or Public Companies;
developments and regulatory requirements. All these               14. OJK Regulation No. 14/POJK.04/2022 dated 22
efforts are carried out based on governance standards                 August 2022, regarding the Submission of Periodic
and guidelines established by OJK, as well as applicable              Financial Reports of Issuers or Public Companies;
laws and regulations, including but not limited to:               15. OJK Regulation No. 37/POJK.03/2019 dated 19
1. Law No. 10 of 1998 on the Amendments to Law                        December 2019, regarding Transparency and
    No. 7 of 1992, as amended several times and most                  Publication of Bank Reports;
    recently by Law No. 4 of 2023 on the Development              16. OJK Regulation No. 33/POJK.04/2014 dated 8

                                                                                                                              GCG implementation objectives
    and Strengthening of the Financial Sector;                        December 2014, regarding the Board of Directors
2. Law No. 40 of 2007 on Limited Liability Companies,                 and Board of Commissioners of Issuers or Public
    as last amended by Government Regulation in Lieu                  Companies;
    of Law No. 2 of 2022 on Job Creation;                         17. OJK Regulation No. 18 of 2025 dated 4 August
3. OJK Regulation No. 21/POJK.04/2015 dated 16                        2025, regarding transparency and publication of         The Bank implements GCG comprehensively to uphold             3. Encouraging Shareholders, members of the Board
    November 2015 on Guidelines for Implementation of                 bank reports;                                           governance discipline and ensure that every business             of Commissioners, and members of the Board
    Corporate Governance for Public Companies;                    18. OJK Circular Letter No. 29/SEOJK.03/2025 dated          process adheres to principles that protect the interests         of Directors to make decisions and take actions
4. OJK Circular No. 32/SEOJK.04/2015 dated                            26 November 2025, regarding transparency and            of the Bank and its Shareholders. The objectives of this         based on principles of high moral standards and
    17 November 2015 regarding Guidelines for                         publication of conventional commercial bank             implementation include:                                          compliance with laws and regulations;
    Implementation of Corporate Governance for                        reports;                                                1. Achieving sustainable growth at all levels of the          4. Promoting awareness of the Bank’s social
    Public Companies;                                             19. OJK Regulation No. 46/POJK.03/2017 dated 12 July            organisation, including the Board of Commissioners           responsibility, particularly regarding the
5. OJK Regulation No. 45/POJK.03/2015 dated 23                        2017, regarding the Implementation of Compliance            and the Board of Directors, members of the                   environmental and social interests of the
    December 2015, on Implementation of Governance                    Functions for Commercial Banks;                             Bank Committees, Executive Officers, and Bank                communities where the Bank operates.
    in Providing Remuneration for Commercial Banks;               20. OJK Regulation No. 18/POJK.03/2016 dated 16                 employees, within a management system based on            5. Enhancing the competitiveness of the Bank,
6. OJK Regulation No. 4/POJK.03/2016 dated 3                          March 2016, regarding the Implementation of Risk            five fundamental principles of good governance,              domestically and internationally, to increase market
    February 2016, regarding Financial Soundness                      Management for Commercial Banks;                            grouped into three aspects, namely governance                confidence, thereby stimulating investment flows
    Assessment for Commercial Banks;                              21. OJK Circular Letter No. 34/SEOJK.03/2016 dated 1            structure, governance process, and governance                and sustainable national economic growth.
7. OJK Circular Letter No. 14/SEOJK.03/2017 dated 17                  September 2016, regarding the implementation of             outcome, in accordance with the Financial Services        6. The Bank implements the principles of Good
    March 2017, regarding the Assessment of the Health                risk management for commercial banks.                       Authority regulations concerning the assessment of           Corporate Governance across all business activities,
    Level of Commercial Banks;                                                                                                    a Bank’s health level;                                       in compliance with Financial Services Authority
8. OJK Regulation No. 5 of 2024 dated 27 March 2024,              Furthermore, several internal charters serve as corporate   2. Empowering the functions and independence of                  (OJK) regulations governing commercial bank
    regarding the Determination of Supervision Status             governance guidelines within the Bank, namely:                  each governing body, namely the General Meeting of           products and other activities carried out by the
    and Handling of Commercial Bank Problems;                     1. Good Corporate Governance Charter;                           Shareholders (GMS), Board of Commissioners, and              Bank, including the procurement of goods and/
9. OJK Regulation No. 17 of 2023 dated 14 September               2. Board of Commissioners Charter;                              Board of Directors;                                          or services, employee recruitment processes,
    2023, regarding the Implementation of Governance              3. Board of Directors Charter;                                                                                               and the distribution of social and environmental
    for Commercial Banks;                                         4. Audit Committee Charter;                                                                                                  responsibility funds.
                                                                  5. Remuneration and Nomination Committee Charter;
                                                                  6. Risk Oversight Committee Charter; and
                                                                  7. Internal Audit Charter.




                                                                                                                                                                                                           PT Bank QNB Indonesia Tbk Annual Report 2025
Page 67
130                                                                                                                                                                                                                                                                 131
                    2025 Highlights                           Reports to Stakeholders                          Company Profile             Management Discussion and Analysis                  Corporate Governance (GCG)                 Sustainability




GCG principles
The Bank continuously enhances the quality of its GCG implementation based on the principles of Transparency,
Accountability, Responsibility, Independence, and Fairness. Guided by these principles, the Bank upholds the                              GCG Principles                   Description                                 Implementation at the Bank
implementation of GCG through a firm commitment to:
1. Consistently ensuring that its business activities prioritise the principle of transparency;                                        Independency            Accelerate the implementation of      1. Assurance that each organ precludes any party’s domination,
2. Establishing performance assessment indicators that align with corporate values, business objectives, and strategies,                                       the GCG principles by operating          is free from the influence of any certain interest, avoids
   thereby reflecting the Bank’s accountability;                                                                                                               independently with an appropriate        conflict of interest and any influence or pressure, so that
3. Enhancing practices grounded in prudent banking principles and ensuring compliance with all applicable regulations                                          balance of power, in such a manner       decision-making can be carried out objectively.
   as a manifestation of the Bank’s responsibility;                                                                                                            that no single organ shall dominate   2. Assurance that each organ exercises its functions and duties
                                                                                                                                                               the other and that no intervention       in accordance with the Articles of Association and the laws
4. Making decisions independently, objectively, and free from any conflict of interest; and
                                                                                                                                                               from other party shall exist.            and regulations, not dominating each other and or shifting
5. Continually considering the interests of all stakeholders based on the principle of fairness and equality.                                                                                           responsibility to others.

The following is an explanation of each GCG principle implemented by the Bank:                                                         Fairness                Always consider the interests         1. Opportunities for stakeholders to provide input and opinions
                                                                                                                                                               of shareholders and other                in the interest of the Bank and establish access to the Bank’s
                                                                                                                                                               stakeholders based on a fairness         information in accordance with the transparency principle
                                                                                                                                                               principle in conducting business         and within the scope of their respective capacities.
   GCG Principles                 Description                                     Implementation at the Bank                                                   activities.                           2. A fair and equitable treatment of stakeholders in accordance
                                                                                                                                                                                                        with the benefits and contributions given to the Bank.
Transparency          Preserve and maintain objectivity      1.   Disclosure of information in a timely, appropriate, clear,                                                                         3. Equal opportunity in the recruitment of employees, in career
                      in business practice, the Bank              accurate, and comparable manner, making it accessible to                                                                              development and for employees to carry out their duties
                      shall provide material and                  stakeholders in accordance with their rights.                                                                                         professionally.
                      relevant information that is easily    2.   Disclosure of information which includes but not limited to
                      accessible and comprehensible to            the Bank’s vision, mission, business targets and strategy,
                      stakeholders.                               financial condition, composition and compensation of
                                                                  the management, controlling shareholders, shares owned
                      To take the initiative to disclose          by members of the Board of Directors and Board of
                      not only issues mandated by laws            Commissioners and their family members in the company
                      and regulations, but also other             and other companies, risk management system, oversight
                      information deemed necessary by             and internal control system, GCG structure and mechanism

                                                                                                                                       GCG roadmap
                      Shareholders, creditors, and other          and its level of compliance, and important events that may
                      stakeholders for their decision-            affect the condition of the Bank.
                      making.                                3.   Fulfilment of provisions on confidentiality in accordance with
                                                                  laws and legislation, professional confidentiality, and personal
                                                                  rights.
                                                                                                                                       The Bank adopts a governance roadmap as a long-term guideline to ensure that the strengthening of GCG is carried
                                                             4.   Formal written policies are proportionally communicated to
                                                                                                                                       out systematically. The roadmap comprises three strategic phases, namely Corporate Governance Commitment, Good
                                                                  stakeholders.
                                                             5.   Conduct the General Meeting of Shareholders (GMS)
                                                                                                                                       Governed Company, and Good Corporate Citizen, designed to guide the continuous refinement of policies, oversight
                                                                  in accordance with the provisions, with the resolutions              processes, and performance evaluation.
                                                                  published.
                                                             6.   Prepare an annual report that is accessible to the public.           Roadmap GCG QNB Indonesia

Accountability        Account for its performance            1.   Clear definition of job descriptions and responsibilities of
                      transparently and fairly, and to            each organ and all employees that are in line with the Bank’s                            1                                          2                                           3
                      manage business in a proper and             vision, mission, corporate values, and strategy.
                      measurable manner, such that           2.   Assurance that all the Bank’s organ and employees have the             Corporate Governance Commitment                  Good Governed Company                       Good Corporate Citizen
                      it is aligned with the interest of          qualifications that fit their respective duties, responsibilities,
                      the Bank by also considering                and roles in GCG implementation.
                                                                                                                                       Commitment                                  System                                     Culture
                      the interest of shareholders and       3.   Assurance of the existence of an effective internal control
                                                                                                                                       The Bank complies with various GCG          The Bank conducts its operational          The Bank is accepted as part of the
                      other stakeholders. Accountability          system within the Bank.
                                                                                                                                       guidelines with the support of integrated   activities effectively by enhancing        community through a holistic and
                      is a prerequisite for achieving        4.   Establishment of performance indicators for all members of
                                                                                                                                       risk management and compliance.             compliance with applicable laws and        sustainable CSR approach, taking into
                      sustainable performance.                    the Board of Directors and Board of Commissioners, as well
                                                                                                                                                                                   regulations as well as the generally       account the interests of shareholders
                                                                  as employees, that are consistent with the Bank’s objectives,
                                                                                                                                                                                   accepted ethical values in the banking     and stakeholders.
                                                                  and the reward and punishment system.
                                                                                                                                                                                   industry, and by adhering to the
                                                             5.   Assurance that each organ of the Bank and all employees
                                                                                                                                                                                   principles of Good Governance as
                                                                  uphold the business ethics and code of conduct in executing
                                                                                                                                                                                   stipulated in the OJK Regulation on the
                                                                  their duties and responsibilities.
                                                                                                                                                                                   Governance of Commercial Banks.

Responsibility        Comply with the applicable laws        1. Assurance that all the Bank’s organs apply prudent banking
                      and regulations and fulfil its            principles and comply with the laws and regulations, its
                      responsibility to the communities         articles of association, and internal regulations.
                      and environment for the purpose of     2. Fulfilment of social responsibility by having an awareness of
                      maintaining long-term sustainability      the environmental and societal interests of the communities
                      of the business and to be                 in which the Bank operates through appropriate planning and
                      recognised as a good corporate            implementation to address the issues.
                      citizen.



                                                                                                                                                                                                                             PT Bank QNB Indonesia Tbk Annual Report 2025
Page 68
132                                                                                                                                                                                                                           133
                   2025 Highlights                        Reports to Stakeholders   Company Profile        Management Discussion and Analysis                Corporate Governance (GCG)             Sustainability




GCG mechanism                                                                                         GCG programmes in 2025
To ensure that the implementation of Good Corporate Governance                                        The Bank prioritises strengthening governance through a series of
(GCG) principles is consistent and effective across all operational                                   structured and measurable GCG programmes to ensure improved
activities, the Bank implements a series of structured and                                            quality of oversight, compliance, and business process integrity. All
comprehensive governance mechanisms. These mechanisms are                                             initiatives are developed in alignment with the Indonesian Banking
established through various charters and internal policies that serve                                 GCG Guidelines and are designed to reinforce a governance
as the primary foundation for supervisory oversight, control, and                                     foundation that is adaptive to industry dynamics and regulatory
organisational integrity.                                                                             requirements.
These GCG instruments include the Good Corporate                                                      Through policy refinement, enhanced control                      4. The Bank has established committees under the
Governance Charter, the Code of Conduct (Ethics                                                       mechanisms, and the strengthening of ethical culture                Board of Directors, namely the Risk Management
Code), the Board of Commissioners Charter, the Board                                                  across all levels of the organisation, the Bank ensures             Committee, Credit Committee, Remedial Credit
of Directors Charter, the Remuneration and Nomination                                                 that governance implementation not only meets                       Committee, Human Resources Committee, New
Committee Charter, the Audit Committee Charter,                                                       minimum standards but also creates added value for                  Products and Activities Committee, Asset and
as well as the Risk Monitoring Committee Charter. In                                                  stakeholders. The GCG Programme implemented in                      Liability Committee, Information Technology
addition, the Bank enforces various strategic policies,                                               2025 include:                                                       Committee, Procurement Committee, Fraud
including the Communication Policy with Shareholders                                                  1. The Bank has prepared and reviewed the GCG                       Monitoring Committee, Credit Policy Committee,
and Investors, the Conflict of Interest and Insider                                                       Charter, the Audit Committee Charter, the                       Operational Risk Committee, Early Alert Committee,
Transaction Policy, the Disclosure and Transparency                                                       Remuneration & Nomination Committee Charter,                    AML-CFT Committee, UCan Product Committee,
Policy, the QNB Indonesia Stakeholder Rights Policy,                                                      the Risk Monitoring Committee Charter, the Internal             Governance, Risk and Compliance Committee,
the QNB Indonesia Corporate Secretary Policy, the                                                         Audit Charter, and the Division of Duties and                   Artificial Intelligence (AI) Committee, Information
Personal Data Protection Policy, the Compliance                                                           Authorities of the Board of Directors, as well as the           Security Committee, as well as the Environmental,
Collated Policy, the Anti-Money Laundering Policy, the                                                    Self-Assessment Policy on the performance of the                Social, and Governance (ESG) Committee.
Prevention of Terrorism Financing and the Prevention                                                      Board of Commissioners and the Board of Directors.           5. The Board of Directors has established a Charter as
of Proliferation of Weapons of Mass Destruction Policy,                                               2. The Bank has established committees under                        a Guideline and Rules of Conduct for the Board, as
the Internal Audit Policy, Financial Accounting Policy,                                                   the Board of Commissioners, namely the Risk                     stated in the Board Charter, which is binding on each
Risk Management Policy, Funding Policy, Information                                                       Monitoring Committee, the Audit Committee, and                  member of the Board. This includes accountability,
Technology Policy, Human Resources Policy, the                                                            the Remuneration & Nomination Committee, each                   structure and membership, membership criteria,
Whistleblowing Policy, the Anti-Fraud Policy, the                                                         of which has a Charter serving as the Guideline and             independent directors, term of office, duties
Anti-Bribery and Corruption Policy, the Chinese Walls                                                     Procedures for the Committees as stated in point 1              and responsibilities, authority, work ethics, work
Policy, and the Consumer Protection Policy, General                                                       above and reviewed periodically.                                values, working hours, temporary replacement of
Compliance Policy, Cybersecurity Policy, Sanctions                                                    3. The Board of Commissioners has established                       the compliance director, meetings, reporting and
Policy, Common Reporting Standard (CRS), Politically                                                      a Charter as a Guideline and Rules of Conduct                   accountability, as well as aspects of transparency.
Exposed Persons (PEP) Policy, Sustainability Policy,                                                      for the Board of Commissioners, as outlined in               6. The Bank has reviewed several existing policies while
Foreign Account Tax Compliance Act (FATCA)                                                                the Commissioners’ Charter, which binds each                    continuing to comply with applicable regulations and
Policy, Know Your Customer (KYC) Policy, Fraud                                                            member of the Board of Commissioners. This                      laws in Indonesia, and adjusted them in accordance
Investigation Policy.                                                                                     includes accountability, structure and membership,              with QNB Group policies, while still adhering to the
                                                                                                          membership criteria, independent commissioners,                 provisions of the Regulatory Authority, including
The comprehensive implementation of this mechanism                                                        term of office, duties and responsibilities, authority,         Disclosure & Transparency, Conflict of Interest and
not only reinforces governance discipline in every                                                        work ethics, work values, working hours, meetings,              Insider Dealing, Stakeholder Rights Policy, Anti-
business process and interaction with stakeholders but                                                    reporting, and the accountability of the Board of               Bribery and Anti-Corruption Policy, Whistleblowing
also ensures the sustainable achievement of the Bank’s                                                    Commissioners, as well as aspects of transparency.              Policy, General Compliance Policy, Communication
long-term strategic objectives, including:                                                                                                                                Policy with Shareholders and Investors, FATCA
1. Reducing capital costs;                                                                                                                                                Policy, CRS Policy, Sanctions Policy, Anti-Fraud
2. Increasing value for shareholders while consistently                                                                                                                   Policy, KYC Policy, Chinese Walls Policy, Anti-Bribery
    considering the interests of all stakeholders based                                                                                                                   and Corruption Policy, and Data Protection Policy.
    on principles of fairness and equity;
3. Gaining support from stakeholders to enable
    sustainable operation and growth;
4. Enhancing practices based on banking prudence
    principles and ensuring compliance with all
    applicable regulations as a manifestation of the
    Bank’s responsibility.




                                                                                                                                                                                       PT Bank QNB Indonesia Tbk Annual Report 2025
Page 69
 134                                                                                                                                                                                                                                                                  135
                        2025 Highlights                                   Reports to Stakeholders                          Company Profile             Management Discussion and Analysis             Corporate Governance (GCG)            Sustainability




GCG assessment
GCG plays a strategic role in ensuring the health and sustainability of the Bank’s operations, in line with the assessment                        Summary of governance self-assessment                               being “Professionalism with Integrity” (which
parameters set by the regulator. The Bank continues to strengthen its commitment to implementing governance through                               composite score calculation                                         states that we are constantly improving our
comprehensive adjustments to GCG practices to align with POJK No. 17 of 2023 and SEOJK No. 14/SEOJK.03/2025                                                                                                           competence and behaviour so that we can be
regarding the Implementation of Governance for Commercial Banks.                                                                                  Based on the above self-assessment results, the                     relied upon to provide the expected results,
                                                                                                                                                  implementation of governance at QNB Indonesia                       and that we are honest, fair, and responsible),
The implementation of the principles of Good Corporate Governance is placed on par with the assessment of risk profile,                           reflects the management’s consistency in applying GCG               the Board of Directors’ Decree on Procedures
profitability, and capital adequacy. To meet these standards, the Bank ensures the implementation of Good Governance                              principles effectively and measurably. This achievement             related to Gifts and Hospitality and other
within the Bank, covering at least five (5) principles, namely the principles of transparency; accountability; responsibility;                    reaffirms the management’s commitment to governance                 internal policies, as well as a Statement in the
independence; and fairness, which are realised through a self-assessment mechanism conducted every six (6) months                                 quality, where any findings or potential weaknesses                 Integrity Pact.
and covering at least 16 assessment factors. The self-assessment is carried out comprehensively and is grouped into                               are promptly addressed through swift, systematic                 c. Strengthening the governance structure through
three (3) governance aspects, namely governance structure, governance process, and governance outcome.                                            actions grounded in prudence to ensure the integrity                the establishment of policies and procedures on
                                                                                                                                                  of decision-making processes and the effectiveness of               the implementation of personal data protection
Based on the results of the GCG self-assessment for the second semester of 2025, as listed in the GCG Assessment                                  internal control.                                                   as a guideline for QNB Indonesia, including the
Matrix, the Bank maintains a level 2 rating with the predicate ‘Good.’ The details of the assessment results are presented                                                                                            monitoring of data protection by design and by
in the following table:                                                                                                                           1.   Governance Structure                                           default, data security, and data subject rights.
                                                                                                                                                       Positive factors in the aspects of the Bank’s               d. The Bank has established a dedicated unit,
                                                                                                                                                       governance structure are:                                      Financial Reporting Risk (FRR), under the Risk
                                                                                                                        2025 Score                     a. The Bank’s organisational structure is in                   Directorate, responsible for preventing fraud or
                                                                                                                                                          accordance with applicable regulations, namely              manipulation in the Bank’s financial information
  No.                                        Assessment Factors
                                                                                                                                                          in terms of composition, independence,                      and/or financial statements, as part of Internal
                                                                                                              Semester 1        **) Semester II           appointment/dismissal and quality of human                  Control over Financial Reporting (ICOFR).
                                                                                                                                                          resources for the Board of Commissioners,                e. The Bank has implemented an Anti-Fraud and
   1.     The implementation of duties, responsibilities, and authorities of the Board of                         1                     1                 Board of Directors, Board of Commissioners’
          Directors                                                                                                                                                                                                   Anti-Bribery & Corruption (ABC) Strategy, which
                                                                                                                                                          Committees, including the completeness of                   includes, among others:
                                                                                                                                                          independent parties, Compliance Working                     • Implementation of Fraud Prevention
   2.     The Implementation of the duties, responsibilities, and authorities of the Board of                     1                     1
                                                                                                                                                          Unit, Internal Audit Unit (SKAI), and the Risk                   Strategy
          Commissioners
                                                                                                                                                          Management Unit, as follows:                                • Implementation of Fraud Detection Strategy
   3.     Completeness and Implementation of Committee Duties                                                     2                    2                  • The number, composition, criteria, and                    • Implementation of Fraud Investigation
                                                                                                                                                               independence of the Board of Directors                      Strategy, and
   4.     Handling Conflicts of Interest                                                                          1                    2                       comply with OJK regulations.                           • Implementation of Fraud Monitoring
                                                                                                                                                          • The number, composition, criteria, and                         Strategy
   5.     Implementation of the Compliance Function                                                               2                    2                       independence of the members of the               2. Governance process
                                                                                                                                                               Board of Commissioners comply with OJK              Positive factors in the Bank’s governance process
   6.     Implementation of the Internal Audit Function                                                           2                    2                       regulations.                                        aspects are:
                                                                                                                                                          • The establishment, structure, and                      a. The duties, functions, and responsibilities of all
   7.     Implementation of the External Audit Function                                                           1                     1                      membership of the Audit Committee, Risk                lines and functions in the Bank were properly
                                                                                                                                                               Oversight Committee, and Remuneration &                carried out, including the implementation of
   8.     Implementation of Risk Management, including the Internal Control System                                2                    2
                                                                                                                                                               Nomination Committee are in accordance                 transparency with respect to the Board of
                                                                                                                                                               with applicable regulations.                           Commissioners and Board of Directors, as well
   9.     Provision of remuneration                                                                             *)N/A                  2
                                                                                                                                                          • The Board of Commissioners, Board                         as the Bank’s employees, implementing a culture
  10.     Provision of Funds to Related Parties and Provision of Large Exposure                                   2                    2                       Committees, Board of Directors, Senior                 of compliance, implementing whistleblowing
                                                                                                                                                               Management, and Executive Officers, as well            and anti-fraud, increasing risk awareness, and
   11.    Integrity of reporting and information technology systems                                               2                    2                       as employees, take necessary measures to               adequate internal control.
                                                                                                                                                               avoid conflicts of interest.                        b. The Bank has also implemented periodic
  12.     Bank's Strategic Plan                                                                                   2                    2                  • Active supervision by the Board of Directors              transparency of its financial and non‑financial
                                                                                                                                                               and Commissioners has been implemented                 conditions to stakeholders in accordance with
  13.     Shareholder aspects                                                                                   *)N/A                  2                       effectively and sustainably.                           applicable regulations, ensured transparency
                                                                                                                                                       b. The Bank has various policies, systems, and                 of the Bank’s product information, and
  14.     Implementation of anti-fraud strategies, including anti-bribery measures                              *)N/A                  2                  procedures for resolving conflicts of interest              implemented consumer protection through
                                                                                                                                                          as stated in the Articles of Association, Good              adequate and easily accessible media for
  15.     Implementation of sustainable finance, including the application of social and                        *)N/A                  2
                                                                                                                                                          Corporate Governance Charter, Board of                      customers and the general public.
          environmental responsibility
                                                                                                                                                          Commissioners’ charter, Board of Directors’              c. There were no transactions involving conflicts
 Composite Score Based on the Bank’s Self-Assessment                                                              2                    2                  charter, Conflict of Interest and Insider                   of interest and no decision‑making that could
                                                                                                                                                          Transaction Policy, Disclosure and Transparency             adversely affect or reduce the Bank’s interests.
                                                                                                                                                          Policy, Stakeholder Rights Policy, Anti-Bribery             Should such circumstances arise, they will be
*) These factors still refer to the previous OJK regulation, which is not included as an assessment factor.                                               and Corruption Policy, Audit Committee                      properly administered and documented in
**) The assessment factors for the second semester of 2025 refer to the latest OJK regulation, which effectively start to the position as of              Charter, Risk Oversight Committee Charter                   accordance with applicable regulations.
December 2025.                                                                                                                                            and Work Guidelines, Remuneration and
                                                                                                                                                          Nomination Committee Charter, Board of
                                                                                                                                                          Directors’ Decree on QNB Values, one of which



                                                                                                                                                                                                                               PT Bank QNB Indonesia Tbk Annual Report 2025
Page 70
136                                                                                                                                                                                                                                                     137
                    2025 Highlights                           Reports to Stakeholders                  Company Profile            Management Discussion and Analysis                Corporate Governance (GCG)                Sustainability




    d. having a financial reporting process with                  3. Governance outcome                                       The following presents the details of the agenda items, resolutions, and compliance with the GMS resolutions:
       integrity to ensure the truthfulness, accuracy,               Positive factors in the Bank’s governance outcome
       and transparency of the Financial Information                 aspects are:
       and Financial Statements produced.                            a. For recurring findings, the Bank followed up                                                                                                                       Implementation
                                                                                                                                               Agenda                                            AGMS Resolution
                                                                        by carrying out comprehensive refinements,                                                                                                                             Status
Negative factors relating to the Bank’s governance                      including improving processes, products, and
process are as follows:                                                 increasing the risk awareness of Bank employees       First Item       To approve the Annual       1. Accepted and approved the Bank’s Annual Report for           Implemented in
a. Although not material, certain weaknesses and                        through dissemination and training. The follow-                        Report (including the          the fiscal year ending 31 December 2024, including the       2025
   findings from both internal and external parties                     up process has been carried out thoroughly                             Board of Directors’            Report of the Board of Directors and the Report on the
   remain present across various processes within                       and continuously.                                                      Report, the Board              Supervision of the Board of Commissioners.
                                                                                                                                               of Commissioners’           2. Received, approved, ratified the Company’s Financial
   work units. Nevertheless, the Bank and Management                 b. The Bank has endeavored to achieve optimal
                                                                                                                                               Supervisory Report,            Statements for the fiscal year ending 31 December 2024,
   continue to undertake improvements across multiple                   performance, resulting in a positive Profit Before                     and the ratification of        which have been audited by the Public Accounting Firm
   areas, particularly in credit activities, operations, IT             Tax (PBT) in 2025, which is believed to be                             Financial Statements for       Purwantono, Sungkoro & Surja (EY) pursuant to Report
   risk, and enterprise‑wide processes.                                 sustainable and expected to continue improving.                        the fiscal year ended on       Number 00121/2.1032/AU.1/07/1681-2/1/II/2025 dated
b. Several work units have yet to be supported by                       Although the Profit After Tax in 2025 is negative,                     31 December 2024).             28 February 2025 “fairly, in all material respects, the
   modern and integrated systems to adequately                          this is due to a significant charge of Deferred Tax                                                   financial position of PT Bank QNB Indonesia Tbk as
   enhance the quality of daily operations. As a result,                Assets (DTA) this year.                                                                               of 31 December 2024, and its financial performance
   the potential for operational risks arising from                                                                                                                           and cash flows for the year ended, in accordance with
   human factors and internal processes remains                      Negative factors relating to the Bank’s governance                                                       Indonesian Financial Accounting Standards,” thereby
   relatively vulnerable.                                            outcomes are as follows:                                                                                 granted full release and discharge (acquit et de charge)
                                                                                                                                                                              to all members of the Company’s Board of Directors
                                                                     Although not material, the Bank was subject to
                                                                                                                                                                              and Board of Commissioners for their management and
                                                                     certain regulatory penalties imposed by the Financial                                                    supervisory duties performed during the 2024 fiscal
                                                                     Services Authority (OJK) and Bank Indonesia.                                                             year, to the extent that such actions are reflected in the
                                                                     However, the root causes of such penalties were                                                          Financial Statements for the 2024 fiscal year, and do not
                                                                     promptly addressed and remediated by the Bank.                                                           constitute a criminal offense, provided that such release
                                                                                                                                                                              and discharge shall not apply to any member of the Board
                                                                                                                                                                              of Directors and/or the Board of Commissioners who
                                                                                                                                                                              is proven, or will be proven, to have acted beyond their
                                                                                                                                                                              authority (ultra vires).



GCG structure
                                                                                                                              Second Item      To determine the            Approved the appropriation of the Bank’s net profit for         Implemented in
                                                                                                                                               appropriation of the        the fiscal year ended 31 December 2024, amounting               2025
                                                                                                                                               Bank’s net profit for       to IDR55,638,012,414, to strengthen the Bank’s capital.
                                                                                                                                               the fiscal year ended 31    Accordingly, for the 2024 fiscal year, the Bank did not
                                                                                                                                               December 2024.              distribute cash dividends to shareholders.
General meeting of shareholders                                   Holding of 2025 GMS
                                                                  Throughout 2025, the Company held 1 (one) GMS, held         Third Item       To appoint a Public         1. Approved the delegation of authority to the Bank’s           Implemented in
The general meeting of shareholders (GMS) is one of
                                                                                                                                               Accountant and/or Public       Board of Commissioners to appoint and determine the          2025
the highest governing bodies within the corporate                 on 22 April 2025.
                                                                                                                                               Accounting Firm to audit       honorarium of an Independent Public Accountant in
governance structure. The GMS serves as a forum                                                                                                the Bank’s Financial           carrying out an audit of the Bank’s Financial Statements
for shareholders to make key decisions transparently              The stages of organising the 2025 Annual GMS were                            Statements for the 2025        for the fiscal year ending 31 December 2025, based on the
regarding the continuity of the Company’s operations.             as follows:                                                                  fiscal year and determine      following criteria:
Through the GMS, shareholders may exercise their rights           • Notification to OJK: 5 March 2025                                          the honorarium for             a. The Public Accountant must be registered under OJK;
in accordance with applicable laws and regulations.               • AGMS Announcement: 12 March 2025                                           the Public Accountant          b. The Public Accountant must have the competence to
                                                                  • AGMS Invitation: 27 March 2025                                             and other terms of                 meet the deadlines set by the Company;
The GMS consists of the Annual GMS (AGMS) and the                 • AGMS Implementation Date: 22 April 2025                                    appointment.                   c. The appointment must align with the
Extraordinary GMS (EGMS). The Annual GMS must be                  • AGMS Resolution Announcement: 24 April 2025                                                                   recommendations of the Company’s Audit Committee;
                                                                  • AGMS Minutes Submission: 7 May 2025                                                                       d. The honorarium and other appointment requirements
convened no later than six months after the end of the
                                                                                                                                                                                  for the Public Accounting Firm must be determined
fiscal year, unless otherwise determined by the OJK                                                                                                                               competitively and reasonably; and
under certain conditions. The other type of GMS is the            The 2025 AGMS was attended physically by 4 members
                                                                                                                                                                              e. The appointment must not contravene prevailing laws
Extraordinary GMS (EGMS), which may be held at any                of the Board of Commissioners and 4 members of the                                                              and regulations.
time as needed.                                                   Board of Directors, as well as shareholders and their                                                    2. Authorised the Board of Commissioners to determine the
                                                                  proxies representing 32,196,937,962 shares (equivalent                                                      honorarium and other terms for the Public Accountant,
                                                                  to 91.58% of the total shares with valid voting rights                                                      as well as to appoint a replacement Public Accountant
                                                                  issued by the Bank).                                                                                        from the same Public Accounting Firm and to dismiss
                                                                                                                                                                              the previously appointed Public Accountant if, for any
                                                                                                                                                                              reason, they are unable to complete the audit of the
                                                                                                                                                                              Bank’s Financial Statements for the fiscal year ending 31
                                                                                                                                                                              December 2025.




                                                                                                                                                                                                                 PT Bank QNB Indonesia Tbk Annual Report 2025
Page 71
138                                                                                                                                                                                                                                                      139
                  2025 Highlights                            Reports to Stakeholders                       Company Profile         Management Discussion and Analysis               Corporate Governance (GCG)                  Sustainability




                                                                                                                              Board of Commissioners
                                                                                                                              The Board of Commissioners is a Bank organ tasked                   Appointment and/or replacement or dismissal
                                                                                                             Implementation   with carrying out general and/or specific supervision
                 Agenda                                            AGMS Resolution                                                                                                                Any proposal for the appointment, replacement, or
                                                                                                                 Status       according to the Articles of Association and providing
                                                                                                                                                                                                  dismissal of members of the Board of Commissioners
                                                                                                                              advice to the Board of Directors.
Fourth Item      To determine the            1. Approved the delegation of authority to the Company’s        Implemented in
                                                                                                                                                                                                  to the GMS shall consider the recommendation of
                 honorariums/salaries and       Controlling Shareholder, Qatar National Bank (Q.P.S.C.),     2025                                                                                 the Remuneration & Nomination Committee. The
                                                                                                                              The Board of Commissioners’ members are individuals
                 other allowances for the       to determine the amount of salaries or honorarium,                                                                                                appointment or replacement process is carried
                                                                                                                              who meet OJK’s requirements and are required to
                 members of the Board of        service fees, and other benefits for all members of the                                                                                           out by prioritising professionalism, independence,
                                                                                                                              maintain high standards of integrity, competence, and
                 Directors and Board of         Company’s Board of Commissioners for the 2025 fiscal                                                                                              competency alignment, and diversity that support
                                                                                                                              professional reputation throughout their term of office.
                 Commissioners for the          year, considering the recommendations of the Company’s                                                                                            the execution of the duties and responsibilities of the
                 2025 fiscal year.              Remuneration and Nomination Committee.                                                                                                            Board of Commissioners. All procedures related to the
                                             2. Approved the delegation of authority to the Company’s                         Board of Commissioners charter
                                                                                                                                                                                                  appointment, replacement, or dismissal of members are
                                                Board of Commissioners to determine the amount of                             The Board of Commissioners has a Charter that serves                regulated in the Board of Commissioners’ charter.
                                                salaries, service fees, and other benefits for all members
                                                                                                                              as a guideline and code of conduct governing all its
                                                of the Company’s Board of Directors for the 2025 fiscal
                                                year, considering the recommendations of the Company’s
                                                                                                                              members. The Bank’s Board of Commissioners’ charter                 Composition & membership
                                                Remuneration and Nomination Committee.                                        No. 1/04/001.04/III/2024, updated and enacted on 7
                                                                                                                                                                                                  The Bank’s Board of Commissioners, consisting of
                                                                                                                              March 2024, regulates various key matters, including
                                                                                                                                                                                                  four members, fully complies with the provisions of
Fifth Item       To approve the              1. Approved the Company’s Recovery Plan as set out in           Implemented in   structure and membership, criteria and composition,
                                                                                                                                                                                                  POJK Number 17 of 2023 on the Implementation of
                 Company’s Recovery             the Recovery Plan of QNB Indonesia, which has been           2025             term of office, duties and responsibilities, authorities,
                                                                                                                                                                                                  Governance for Commercial Banks, which stipulates a
                 Plan.                          recorded in OJK’s supervisory administration pursuant                         work ethics, work culture, accountability, meetings,
                                                to OJK Letter No. S-36/PB.32/2025 dated 14 February                                                                                               minimum of three members and a maximum equal to
                                                                                                                              reporting and accountability mechanisms, transparency,
                                                2025 regarding the Improvement of the Company’s 2024                                                                                              the number of the Board of Directors. Two members are
                                                                                                                              working relations between the Board of Commissioners
                                                Recovery Plan.                                                                                                                                    domiciled in Indonesia, and half of the total members
                                                                                                                              and the Board of Directors, as well as closing provisions.
                                             2. Approved the granting of power and authority to the                                                                                               serve as Independent Commissioners.
                                                Company’s Board of Directors, subject to prior approval
                                                from the Board of Commissioners, in relation to the                                                                                               In 2025, there were no changes to the Board of
                                                implementation of the Company’s Recovery Plan, effective                                                                                          Commissioners’ composition or membership.
                                                as of the date the proposal was received and approved by                                                                                          Accordingly, the Board of Commissioners’ composition
                                                the Meeting.
                                                                                                                                                                                                  as of 31 December 2025 is as follows:
Sixth Item       Realisation Report of the   It was for reporting purposes only, and no resolutions were     Implemented in
                 Use of Proceeds from the    made. The realisation and intended use of the funds were        2025
                 Limited Public Offering     entirely in accordance with the Prospectus of the Limited
                 VII Year 2023.              Public Offering VII of QNB Indonesia Year 2023.                                  Composition of the Board of Commissioners as of 31 December 2025



Implementation of 2024 GMS Resolutions                                                                                                                                         Most Recent Legal Basis
                                                                                                                                       Name                   Position                                       BI/OJK Approval            Term of Office
                                                                                                                                                                                  of Appointment
All resolutions of the 2024 AGMS and EGMS were fully implemented within the same year, as
documented in the 2024 Annual Report and published on the Bank’s official website.
                                                                                                                               Fatma Al-Suwaidi         President              AGMS on 30 May 2024             4 June 2021         June 2021–August 2021
                                                                                                                                                        Commissioner           (Initially appointed at the                               2021–2024
                                                                                                                                                                               EGMS on 17 December                                       2024-2027
                                                                                                                                                                               2020)

                                                                                                                               Khalid Al-Sada           Commissioner           AGMS on 30 May 2024            11 October 2019            2019–2021
                                                                                                                                                                               (Initially appointed at the                               2021–2024
                                                                                                                                                                               AGMS on 26 June 2019)                                     2024-2027

                                                                                                                              Djoko Sarwono             Independent            AGMS on 30 May 2024           11 November 2015            2015–2018
                                                                                                                                                        Commissioner           (Initially appointed at                                   2018–2021
                                                                                                                                                                               the EGMS on 9 October                                     2021–2024
                                                                                                                                                                               2015)                                                     2024-2027

                                                                                                                              Muhammad Anas Malla       Independent            AGMS on 30 May 2024           24 November 2011            2011–2012
                                                                                                                                                        Commissioner           (Initially appointed at the                               2012–2015
                                                                                                                                                                               EGMS on 16 September                                      2015–2018
                                                                                                                                                                               2011)                                                     2018–2021
                                                                                                                                                                                                                                         2021–2024
                                                                                                                                                                                                                                         2024-2027




                                                                                                                                                                                                                  PT Bank QNB Indonesia Tbk Annual Report 2025
Page 72
140                                                                                                                                                                                                                                                141
                   2025 Highlights                             Reports to Stakeholders                  Company Profile          Management Discussion and Analysis                Corporate Governance (GCG)            Sustainability




Orientation programme                                                                                                        Independence                                                    Concurrent positions
The Bank has an orientation programme for newly appointed members of the Board of Commissioners. This aims to                An Independent Commissioner is a member of                      Members of the Board of Commissioners are prohibited
provide an understanding of the Bank’s vision, mission, and values, as well as the duties and responsibilities, code of      the Board of Commissioners who has no financial,                from holding concurrent positions that are restricted
ethics, organisational structure, and the working guidelines and procedures of the Board of Commissioners, to ensure         management, share ownership, and/or familial relations          under the prevailing laws and regulations. There are
that the supervisory and advisory functions are carried out effectively.                                                     with members of the Board of Directors, members                 several positions that are not considered concurrent
                                                                                                                             of the Board of Commissioners, or the controlling               positions as per OJK regulations, provided that
Throughout 2025, there were no changes in the composition or new members of the Board of Commissioners, and thus,            shareholder, including the ultimate controlling                 such roles do not result in the individual neglecting
the Bank did not hold the orientation programme.                                                                             shareholder. In addition, Independent Commissioners             their duties and responsibilities as a member of the
                                                                                                                             must not have any relations with the Bank that could            Board of Commissioners. Information regarding
Training                                                                                                                     affect their ability to act independently.                      concurrent positions held by each member of the
                                                                                                                                                                                             Board of Commissioners is presented in the Board of
The Bank is committed to ensuring that the Board of Commissioners maintains optimal capability in strategic oversight
                                                                                                                             Independent Commissioners are required to possess               Commissioners Profile section of this Annual Report.
and decision-making. Throughout 2025, members of the Board of Commissioners participated in a series of training
                                                                                                                             adequate and relevant knowledge in the banking
programmes designed to enhance their insights, competencies, and understanding of industry developments and
                                                                                                                             sector, as well as significant experience in banking and/
leading corporate governance practices, as follows:
                                                                                                                             or finance.

                                                                                                                             As of 31 December 2025, the Bank’s Independent
                               Training and Education                                                                        Commissioners consist of 2 (two) members, in
           Name                                                      Venue and Date                    Organiser             accordance with the requirement of a minimum of 50%
                                      Materials
                                                                                                                             of the total members of the Board of Commissioners.
Fatma Al-Suwaidi           Risk Management Certification   Bali, 24 - 25 April 2025          Indonesian Banker Association
                                                                                                                             Both Independent Commissioners have served for more
                           Refresher Programme Level 6                                                                       than two consecutive terms. Their reappointment was
                                                                                                                             based on the following considerations:
Khalid Al-Sada             Risk Management Certification   Bali, 24 - 25 April 2025          Indonesian Banker Association   1. Performance assessment of the
                           Refresher Programme Level 6                                                                           Independent Commissioners;
                                                                                                                             2. Assessment by the Board of Commissioners’
Djoko Sarwono              •   Risk Management             •     Bali, 24 - 25 April 2025;   •   Indonesian Banker               meeting confirming that the Independent
                               Certification Refresher     •     Jakarta, 26 August 2025         Association                     Commissioners continue to act independently;
                               Programme Level 6;                                            •   Toronata Tambun, Lecturer   3. Assessment by the Head of Internal Audit and the
                           •   AI Training                                                       at a reputable State            executive overseeing the human resources function,
                                                                                                 University of Technology
                                                                                                                                 confirming that the Independent Commissioners
                                                                                                                                 remain capable of acting independently; and
Muhammad Anas Malla        •   Risk Management             •     Bali, 24 - 25 April 2025;   •   Indonesian Banker
                               Certification Refresher     •     Jakarta, 26 August 2025         Association                 4. Statement by the Independent Commissioner at the
                               Programme Level 6;                                            •   Toronata Tambun, Lecturer       GMS regarding their independence.
                           •   AI Training                                                       at a reputable State
                                                                                                 University of Technology
                                                                                                                             Ownership of shares by members of the Board
                                                                                                                             of Commissioners
                                                                                                                             Members of the Board of Commissioners are required
                                                                                                                             to report any share ownership of 5% or more in the
                                                                                                                             Bank, other banks, or other companies, both domestic
                                                                                                                             and international. This report is updated annually and
                                                                                                                             submitted promptly to the regulator whenever there is a
                                                                                                                             change in share ownership.

                                                                                                                             As of 31 December 2025, none of the members of
                                                                                                                             the Board of Commissioners owned more than 5% of
                                                                                                                             the paid-up capital in the Bank, other banks, non-bank
                                                                                                                             financial institutions, or other companies, whether
                                                                                                                             domestic or international.




                                                                                                                                                                                                            PT Bank QNB Indonesia Tbk Annual Report 2025
Page 73
 142                                                                                                                                                                                                                                                                               143
                    2025 Highlights                               Reports to Stakeholders                        Company Profile         Management Discussion and Analysis                     Corporate Governance (GCG)                          Sustainability




Financial or familial relations of Board of Commissioners members                                                                   9.  Executive Responsibilities: Reviewing and approving                    Throughout 2025, the Board of Commissioners held 7
                                                                                                                                        the Bank’s long-term strategy, annual business                         (seven) meetings and 7 (seven) joint meetings with the
                                                                                                                                        plan and budget, performance in all aspects of                         Board of Directors. The following is a summary of the
The table below presents familial and financial relationships among members of the Board of Commissioners,
                                                                                                                                        business, and corporate social responsibility, as well                 Board of Commissioners’ agenda and attendance at
Board of Directors, and Controlling Shareholder up to the Ultimate Controlling Shareholder.
                                                                                                                                        as reviewing and approving policies including but                      these meetings.
                                                                                                                                        not limited to the AML CFT policy, risk management
                                                                                                                                        policy (including IT risk and cybersecurity risk),
                                                                                                                                        credit policy, credit restructuring policy, write off                     Agenda of the Board of Commissioners
                                        Familial Relations with                               Financial Relations with                  policy, and premium customer service policy;                              Meetings in 2025
                                                                                                                                    10. Formation of Committees: Establishing committees
                                                                                                                                                                                                                             16 January                          23 June
         Name
                            Board of           Board of           Controlling     Board of           Board of         Controlling       under the Board of Commissioners to assist the                               1       2025                       4        2025
                          Commissioners        Directors          Shareholder   Commissioners        Directors        Shareholder       Board of Commissioners’ discharge of duties
                                                                                                                                        and responsibilities effectively, communicating
                                                                                                                                        intensively with the committees, and supervising                                     13 March                            25 August
                           Yes     No        Yes      No      Yes         No     Yes     No        Yes      No        Yes     No
                                                                                                                                        and evaluating these committees’ work performance
                                                                                                                                                                                                                    2        2025                       5        2025
                                                                                                                                        on a regular basis.
 Fatma Al-Suwaidi                   √                  √                   √              √                  √           √
                                                                                                                                                                                                                             22 April                            23 October
 Khalid Al-Sada                     √                  √                   √              √                  √           √
                                                                                                                                    Board of Commissioners meetings                                                 3        2025                       6        2025
                                                                                                                                    Meeting policy
 Djoko Sarwono                      √                  √                   √              √                  √                 √
                                                                                                                                    The Board of Commissioners is required to hold                                                                               9 December
                                                                                                                                                                                                                                                        7        2025
 Muhammad Anas Malla                √                  √                   √              √                  √                 √    Board of Commissioners meetings on a regular
                                                                                                                                    basis at least once every two months, or at any time
                                                                                                                                    deemed necessary by any member of the Board
                                                                                                                                    of Commissioners, or upon written request from a
                                                                                                                                    member of the Board of Directors, or from shareholders                        Agenda of the Board of Commissioners–Board of
                                                                                                                                    representing at least 1/10 of the total shares with valid                     Directors Joint Meetings in 2025
Duties & responsibilities                                              5. Oversight, Control, and Supervision: Overseeing           voting rights. Joint meetings between the Board of
                                                                                                                                                                                                                             16 January                          23 June
In carrying out its supervisory function, the Board
                                                                          the Board of Directors and Senior Management              Commissioners and the Board of Directors must be                                 1       2025                       4        2025
                                                                          through the Board of Directors’ Committees as part        held periodically at least once every 4 months. The
of Commissioners ensures that the policies and
                                                                          of the Bank’s checks and balances, and reviewing          Board of Commissioners meeting must be attended by
management execution by the Board of Directors
                                                                          all decisions of the Board of Commissioners’              all members of the Board of Commissioners physically                                     13 March                            25 August
are aligned with the Bank’s objectives, as well as
                                                                          Committees and Board of Directors’ Committees,            at least twice a year. Non-independent commissioners
                                                                                                                                                                                                                    2        2025                       5        2025
with applicable laws and regulations, the Articles of
                                                                          as well as ensuring the implementation of internal        who are unable to attend in person may participate in
Association, and GMS resolutions. In addition to its
                                                                          control framework system across the Bank, including       meetings through face-to-face communication using
supervisory role, the Board of Commissioners also                                                                                                                                                                            22 April                            23 October
provides strategic guidance to the Board of Directors
                                                                          internal audit, compliance, risk management               information technology, including video conferencing                            3        2025                       6        2025
                                                                          (including IT risk and cybersecurity risk), and           facilities or other electronic meeting platforms.
and is accountable for the effectiveness of such
                                                                          financial control;
supervision. The scope of the Board of Commissioners’                                                                                                                                                                                                            9 December
                                                                       6. Performance Evaluation: Setting and upholding
duties is comprehensively regulated in the Articles of                                                                                                                                                                                                  7        2025
                                                                          a self-assessment mechanism for evaluating the
Association and the Board of Commissioners’ Charter.
                                                                          performance, competence, and efficacy of the
The key areas of supervisory focus include the following:
                                                                          members of the Board of Commissioners and Board
                                                                          of Directors in accordance with the provisions, as
1. General Duties: Conducting duties and
                                                                          well as ensuring that the Bank maintains and enacts       Attendance of Board of Commissioners Members in Board of Commissioners Meetings, Board of Commissioners–Board of
   responsibilities in good faith, as well as in an
                                                                          the proper comprehension programmes required to           Directors Joint Meetings, and GMS in 2025
   accountable and prudent manner;
                                                                          disseminate the compliance and risk management
2. Corporate Governance: Ensuring the                                                                                                                                     Board of Commissioners              Board of Commissioners–Board
                                                                          culture, including for IT risk and cybersecurity risk;                                                                                                                                   GMS
   implementation of GCG in all aspects of the Bank’s                                                                                                                            Meetings                       of Directors Joint Meetings
                                                                       7. External Audit and Financial Services: Nominating
   business activities across all organisational levels                                                                                   Name            Position
                                                                          independent external auditors to the GMS and
   and hierarchy;
                                                                          supervising their performance based on the input                                            Number of    Number of                 Number of    Number of                 Number of    Number of
3. Implementation of Internal Audit Function: Ensuring                                                                                                                Meetings    Attendances
                                                                                                                                                                                                Percentage
                                                                                                                                                                                                             Meetings    Attendances
                                                                                                                                                                                                                                       Percentage
                                                                                                                                                                                                                                                    Meetings    Attendances
                                                                                                                                                                                                                                                                              Percentage
                                                                          from the Audit Committee;
   that the Board of Directors develops and maintains
                                                                       8. Stakeholder Management: Supervising Board of
   an adequate, effective, and efficient internal control                                                                            Fatma Al-Suwaidi President          7            7           100%          7            7           100%           1            1          100%
                                                                          Directors’ exercise of responsibilities towards
   system;                                                                                                                                             Commissioner
                                                                          shareholders and other stakeholders and related
4. Strategic Decisions and Planning: Setting,
                                                                          parties within the Bank and the community at large;
   developing, and approving the strategies, plans,                                                                                  Khalid Al-Sada    Commissioner      7            7           100%          7            7           100%           1            1          100%
   objectives, and main policies of the Bank, including
   but not limited to approving the Bank’s risk                                                                                      Djoko Sarwono     Independent       7            7           100%          7            7           100%           1            1          100%
                                                                                                                                                       Commissioner
   management strategy, including for IT risk and
   cybersecurity risk;                                                                                                               Muhammad Anas Independent           7            7           100%          7            7           100%           1            1          100%
                                                                                                                                     Malla         Commissioner


                                                                                                                                                                                                                                   PT Bank QNB Indonesia Tbk Annual Report 2025
Page 74
144                                                                                                                                                                                                                                                          145
                    2025 Highlights                          Reports to Stakeholders                     Company Profile              Management Discussion and Analysis                 Corporate Governance (GCG)               Sustainability




                                                                                                                                 Board of Directors
Board of Commissioners’ performance                              Committees’ performance assessment                              The Board of Directors serves as the primary driver in             hours; temporary replacement of the Compliance
assessment                                                                                                                       ensuring that all Bank activities operate effectively, align       Director; accountability; meetings; reporting and
                                                                 The Board of Commissioners carries out its supervisory
                                                                                                                                 with the long-term vision, and comply with corporate               responsibility; transparency aspects; the working
The Board of Commissioners’ performance assessment               function more effectively with the support of three
                                                                                                                                 governance principles. In carrying out these duties,               relations between the Board of Commissioners and
is conducted annually on a regular basis. This evaluation        committees, namely the Audit Committee, the
                                                                                                                                 each member of the Board of Directors is expected to               Board of Directors; as well as the closing provisions.
refers to several criteria that reflect the implementation       Remuneration and Nomination Committee, and the
                                                                                                                                 demonstrate strong integrity, competent managerial
of the duties and responsibilities of the Board of               Risk Oversight Committee. These three committees
                                                                                                                                 skills, and a credible professional track record to                Appointment and/or dismissal or replacement
Commissioners, including:                                        work through a series of committee meetings, including
                                                                                                                                 support high-quality decision-making and sustainable
1. Assessment of the Supervisory Duties of the Board             inviting relevant divisions/work units and conducting                                                                              Every recommendation for the appointment and/or
                                                                                                                                 Bank performance.
    of Commissioners as reflected in the Annual Report,          in-depth reviews/evaluations by each committee during                                                                              replacement or dismissal of members of the Board
    conducted by the Shareholders at the GMS.                    the meetings, with findings reported to the Board                                                                                  of Directors submitted to the GMS must take into
                                                                                                                                 Board of Directors charter
2. Self-assessment through the Governance                        of Commissioners:                                                                                                                  account the recommendations of the Remuneration
    Implementation, encompassing the Governance                  • The Audit Committee ensured the quality and                   To strengthen corporate governance effectiveness, the              & Nomination Committee. The appointment and/or
    Structure; Governance Process, and                                reliability of financial reporting and other information   Board of Directors performs all functions and exercises            replacement of members of the Board of Directors
    Governance Outcome.                                               submitted to authorities and the public. The               its authorities based on the Board of Directors Charter            emphasises a professional composition, independence,
3. Self-assessment of the execution of the Board                      committee assessed the effectiveness of risk               No. 1/04/002.03/III/2024, effective as of 7 March                  appropriate competence, and consideration of diversity,
    of Commissioners’ duties and responsibilities,                    management and internal controls, including                2024. This Charter serves as the primary reference that            which are essential for the effective execution of
    encompassing the Membership Structure,                            information technology security; monitored the             regulates the structure and membership; membership                 the Board of Directors’ duties and responsibilities.
    Performance Assessment, Strategic Plan, and                       planning and execution of audits and follow-up             criteria; term of office; duties and responsibilities;             Procedures for the appointment and dismissal of
    Performance, as well as Management Interaction                    on internal audit findings; ensured compliance             authorities; work ethics; organisational culture; working          members of the Board of Directors are stipulated in the
    and Activities.                                                   with applicable regulations; and evaluated the                                                                                Board of Directors’ charter.
                                                                      consistency of external audits with applicable
The Board of Commissioners’ performance assessment                    standards. In addition, the committee reviewed
                                                                                                                                 Composition & membership
is carried out through the following procedures                       significant issues raised in the quarterly reports from
or mechanisms:                                                        the Internal Audit and Compliance Units.                   The Board of Directors, consisting of four members, complies with regulatory requirements, which stipulate a minimum
1. Assessment of the Board of Commissioners’                     • The Remuneration and Nomination Committee                     of three members with the majority being Indonesian citizens. All members of the Board of Directors are domiciled in
    performance by the GMS. The Board of                              supervised the implementation of nomination and            Indonesia, ensuring full compliance with the Board of Directors’ composition and domicile requirements.
    Commissioners’ performance is assessed                            remuneration policies across all organisational levels,
    by the Shareholders during the AGMS at the                        from the Board of Commissioners and Board of               In 2025, there were no changes to the composition or membership of the Board of Directors. Therefore, the structure of
    time of presenting the report of the Board of                     Directors to employees. The committee evaluated            the Board of Directors as of 31 December 2025 is as follows:
    Commissioners’ supervision, as stipulated in the                  remuneration policies based on performance,
                                                                                                                                 Composition of the Board of Directors as of 31 December 2025
    Bank’s Annual Report. The AGMS subsequently                       risk profile, fairness related to peer groups, and
    determines whether to accept and approve the                      alignment with the Bank’s long-term strategic                                                                    Most Recent Legal
    Annual Report for the previous fiscal year, including             objectives. Furthermore, the committee provided                     Name                     Position                                     BI/OJK Approval            Term of Office
                                                                                                                                                                                      Basis of Appointment
    the report of the Board of Commissioners’                         recommendations to the Board of Commissioners
    supervision, and grants full discharge (acquit et                 regarding the systems and procedures for                    Nick Groene              President Director        EGMS on 4 December      11 December 2024         •   As Director:
    de charge) to the Board of Commissioners for the                  appointing or replacing members of the Board                                                                   2024 (Initially                                      2020-2021
    supervisory actions carried out during the previous               of Directors and Board of Commissioners, to be                                                                 appointed as Director                            •   2021–2024
    fiscal year.                                                      submitted to the GMS.                                                                                          at the EGMS on 17                                •   As President
2. Assessment of the execution of the Board of                   •     The Risk Oversight Committee focused on                                                                       December 2020)                                       Director:
    Commissioners’ duties and responsibilities through                supervising the effectiveness of risk management                                                                                                                    2024–2027
    the preparation of a self-assessment on the Bank’s                implementation, including country risk and transfer
    governance implementation. This performance                       risk. The committee reviewed risk management                Windiartono Tabingin     Compliance Director       AGMS on 30 May 2024     25 February 2013         2012–2015
                                                                      strategies, Risk Appetite, and Portfolio Strategy                                                              (Initially appointed                             2015–2018
    assessment must be submitted by the Bank
                                                                                                                                                                                     at the EGMS on 29                                2018–2021
    to OJK every semester. Subsequently, OJK will                     as recommended by the Risk Management
                                                                                                                                                                                     November 2012)                                   2021–2024
    evaluate the self-assessment report on the Bank’s                 Committee; compared portfolio risk profiles with
                                                                                                                                                                                                                                      2024–2027
    governance implementation.                                        the Risk Appetite; recommended risk frameworks
3. Assessment of the Board of Commissioners’                          and policies aligned with the Bank’s strategic              Gede Shanta Wiguna       Finance Director          AGMS on 30 May 2024     6 August 2024            2024–2027
    performance is also carried out through the                       direction; and reviewed the Bank’s principal risks
    preparation of a self-assessment on the                           and risk taxonomy as part of the Enterprise Risk            Mario Utama              Corporate &               EGMS on 4 December      23 January 2025          2024-2027
    execution of the Board of Commissioners’ duties                   Management implementation.                                                           Institutional Banking     2024
    and responsibilities.                                                                                                                                  Director
                                                                 Based on the evaluation of duties completion, meeting
                                                                 attendance, and activity reports of these three
                                                                 committees, the Board of Commissioners concludes
                                                                 that all committees have performed their functions
                                                                 effectively and made a significant contribution to
                                                                 strengthening corporate governance.




                                                                                                                                                                                                                    PT Bank QNB Indonesia Tbk Annual Report 2025
Page 75
146                                                                                                                                                                                                                                                 147
                   2025 Highlights                               Reports to Stakeholders              Company Profile           Management Discussion and Analysis            Corporate Governance (GCG)                  Sustainability




Orientation programme
                                                                                                                                  Name              Training and Education Materials            Venue and Date                     Organiser
Newly appointed members of the Board of Directors receive comprehensive briefings on the Bank’s business profile,
performance, and strategic direction through the Annual Report, Quarterly Financial Statements, Bank Business Plan,
                                                                                                                             Windiartono      E-Learning on Internal Audit Module 2025       3 March 2025               Internal
Board of Directors Charter, and risk management training as part of the orientation programme facilitated by the Human       Tabingin
Resources Division. This briefing is reinforced through discussion forums with other members of the Board of Directors                        E-Learning on Personal Data Protection (PDP)   5 March 2025               Internal
and relevant committees, as well as participation in Board of Directors and Board of Commissioners meetings to ensure                         2025
adequate understanding before assuming leadership duties and responsibilities.
                                                                                                                                              E-Learning on Sanctions Awareness 2025         22April 2025               Internal

Training                                                                                                                                      E-Learning on Cyber Awareness 2025             2 May 2025                 Internal

The Bank is committed to ensuring that the Board of Directors possesses optimal capabilities for Bank management and                          Refreshment on Level 7 Risk Management         23 May 2025                BARa
decision-making. Throughout 2025, the Board of Directors participated in a series of training programmes designed to                          Certification
enhance their knowledge, competencies, and understanding of industry dynamics as well as best practices in corporate
governance, as follows:                                                                                                                       E-Learning on QNB Sustainable Finance 2025     4 June 2025                Internal

                                                                                                                                              E-Learning on the New Module of AML, CFT,      29 July 2025               Internal
      Name                 Training and Education Materials               Venue and Date              Organiser                               and CPF 2025


 Nick Groene        Refreshment on Level 7 Risk Management             23 May 2025         BARa                                               E-Learning on the New Module of Anti-Fraud     11 September 2025          Internal
                    Certification                                                                                                             Management & Investigation 2025


                    Artificial Intelligence (AI) Training 2025         4 June 2025         Toronata Tambun Lecturer at                        Level 7 Compliance and AML-CFT Certification   13 September 2025          LSPP
                                                                                           a reputable State University of                    programme – Compliance Director
                                                                                           Technology
                                                                                                                             Gede Shanta      E-Learning on Personal Data Protection (PDP)   4 February 2025            Internal
                    Bahasa Indonesia Class for Foreign Speakers        31 October 2025     Rumah Bahasa Kayana               Wiguna           2025


                    E-Learning on the New Module of AML, CFT,          22 December 2025    Internal                                           E-Learning on Anti Money Laundering            4 February 2025            Internal
                    and CPF 2025
                                                                                                                                              Cyber Awareness for New Joiner 2024            4 February 2025            Internal
                    E-Learning on the New Module of Anti-Fraud         22 December 2025    Internal
                    Management & Investigation 2025                                                                                           E-Learning on Internal Audit Module 2025       27 March 2025              Internal

                    E-Learning on Internal Audit Module 2025           1 December 2025     Internal                                           E-Learning on Sanctions Awareness 2025         11 April 2025              Internal

                    E-Learning on QNB Sustainable Finance 2025         22 December 2025    Internal                                           Refreshment on Level 7 Risk Management         23 May 2025                BARa
                                                                                                                                              Certification
                    E-Learning on Cyber Awareness 2025                 22 December 2025    Internal
                                                                                                                                              E-Learning on Cyber Awareness 2025             24 May 2025                Internal
                    Bahasa Indonesia Class for Foreign Speakers –      27 December 2025    Rumah Bahasa Kayana
                    Batch 2                                                                                                                   Learning Session in Team Engagement            4 June 2025                Internal
                                                                                                                                              Finance Directorate

                                                                                                                                              E-Learning on the New Module of AML, CFT,      2 July 2025                Internal
                                                                                                                                              and CPF 2025

                                                                                                                                              E-Learning on QNB Sustainable Finance 2025     25 July 2025               Internal


                                                                                                                                              Socialisation on SIPELAKU (Sistem Informasi    17 October 2025            Internal
                                                                                                                                              Pelaku Sektor Keuangan/Financial Sector
                                                                                                                                              Actor Information System)

                                                                                                                                              E-Learning on the New Module of Anti-Fraud     10 October 2025            Internal
                                                                                                                                              Management & Investigation 2025

                                                                                                                                              Refreshment on Risk Awareness 2025             5 December 2025            Internal
                                                                                                                                              Mandatory Training




                                                                                                                                                                                                             PT Bank QNB Indonesia Tbk Annual Report 2025
Page 76
148                                                                                                                                                                                                                                                              149
                   2025 Highlights                            Reports to Stakeholders                 Company Profile             Management Discussion and Analysis                  Corporate Governance (GCG)                   Sustainability




                                                                                                                             Financial or familial relations of Board of Directors members
       Name                Training and Education Materials            Venue and Date                 Organiser
                                                                                                                             The following table presents the familial and financial relations among members of the Board of Directors, members of
                                                                                                                             the Board of Commissioners, and the Controlling Shareholders, including the Ultimate Controlling Shareholder.
 Mario Utama        Training on Transaction Banking & Wholesale     7 January 2025         Internal
                    Banking Vision and Product Alignment

                    QNB Sustainable Finance Online Course 2024      11 March 2025          Internal                                                                      Familial Relations with                             Financial Relations with

                    Sanctions Awareness for New Joiner 2024         11 March 2025          Internal
                                                                                                                                                             Board of           Board of       Controlling       Board of           Board of         Controlling
                                                                                                                                        Name
                                                                                                                                                           Commissioners        Directors      Shareholder     Commissioners        Directors        Shareholder
                    E-Learning on Internal Audit Module 2025        10 March 2025          Internal

                    E-Learning on Personal Data Protection (PDP)    10 March 2025          Internal                                                         Yes     No       Yes      No      Yes      No      Yes      No        Yes     No        Yes     No
                    2025
                                                                                                                              Nick Groene                            √                 √                √                √                 √                 √
                    Risk Awareness for New Joiner 2024              27 March 2025          Internal
                                                                                                                              Windiartono Tabingin                   √                 √                √                √                 √                 √
                    E-Learning on Sanctions Awareness 2025          28 April 2025          Internal
                                                                                                                              Gede Shanta Wiguna                     √                 √                √                √                 √                 √
                    Refreshment on Level 7 Risk Management          23 May 2025            BARa
                    Certification
                                                                                                                              Mario Utama                            √                 √                √                √                 √                 √
                    E-Learning on Cyber Awareness 2025              2 June 2025            Internal

                    E-Learning on QNB Sustainable Finance 2025      10 June 2025           Internal                          Duties & responsibilities                                                     and work units that carry out the Bank’s internal
                                                                                                                                                                                                           control function, implementation of compliance
                    E-Learning on the New Module of AML, CFT,       11 July 2025           Internal                          In performing its role in managing the Bank, the Board
                                                                                                                                                                                                           function, internal audits and external audits,
                    and CPF 2025                                                                                             of Directors holds full responsibility for conducting
                                                                                                                                                                                                           as well as implementation of risk management
                                                                                                                             business activities in accordance with prevailing laws
                                                                                                                                                                                                           including IT risk, cybersecurity risk, and the
                    E-Learning on the New Module of Anti-Fraud      24 September 2025      Internal                          and regulations, the Articles of Association, and GMS
                                                                                                                                                                                                           internal control systems.
                    Management & Investigation 2025                                                                          resolutions. All authorities and detailed duties of the
                                                                                                                                                                                                    3. Implementation of Internal Audit Function:
                                                                                                                             Board of Directors are comprehensively stipulated
                    Refreshment on Risk Awareness 2025              5 December 2025        Internal                                                                                                    Developing an internal control framework to identify,
                                                                                                                             in the Articles of Association and Board of Directors’
                    Mandatory Training                                                                                                                                                                 measure, monitor, and control all risks faced by
                                                                                                                             Charter. In general, the main duties of the Board of
                                                                                                                                                                                                       the Bank.
                                                                                                                             Directors include:
                                                                                                                                                                                                    4. Decision-Making and Strategic Planning:
Ownership of shares by members of the Board of Directors                                                                     1. General Duties: Must perform their duties and
                                                                                                                                                                                                       a. Must submit to the Board of Commissioners
                                                                                                                                  responsibilities in good faith, with full responsibility
Members of the Board of Directors are required to report any share ownership of 5% or more, whether in the Bank, other                                                                                     to determine and develop the Bank’s main
                                                                                                                                  and due care, while adhering to applicable laws
banks, and/or other companies, both domestic and international. This report is updated annually and submitted promptly                                                                                     strategies, plans, objectives, and policies,
                                                                                                                                  and regulations as well as the Bank’s Articles
to the regulator whenever there is a change in share ownership. Individual or collective members of the Board of Directors                                                                             b. Must seek approval from the Board of
                                                                                                                                  of Association.
are prohibited from holding 25% or more of the paid-up capital in any other company. Exceptions to shareholding are as                                                                                     Commissioners for the Bank’s Annual Budget
                                                                                                                             2. Corporate Governance:
stipulated by applicable regulations.                                                                                                                                                                      and Business Plan (RBB) to ensure that this is in
                                                                                                                                  a. Manage the Bank in its interests and in
                                                                                                                                                                                                           line with long-term strategy and changes in the
                                                                                                                                      accordance with the Bank’s purposes and
                                                                                                                                                                                                           economy, markets, and regulatory environment,
                                                                                                                                      objectives, as well as act as the leader in
                                                                                                                                                                                                       c. Must seek approval from the Board of
                                                                                                                                      such management.
                                                                                                                                                                                                           Commissioners for the Bank’s capital
                                                                                                                                  b. Maintain and manage the Bank’s assets.
                                                                                                                                                                                                           expenditure budget and all changes during the
                                                                                                                                  c. Take full responsibility for performing duties in
                                                                                                                                                                                                           fiscal year.
                                                                                                                                      the interests of the Bank to achieve its purposes
                                                                                                                                                                                                       d. Must seek approval from the Board of
                                                                                                                                      and objectives.
                                                                                                                                                                                                           Commissioners to approve the Risk
                                                                                                                                  d. Must hold the Annual GMS and other GMS as
                                                                                                                                                                                                           Management strategy, including IT risk and
                                                                                                                                      regulated in statutory regulations and the Bank’s
                                                                                                                                                                                                           cybersecurity risk, as well as the overall Risk
                                                                                                                                      Articles of Association.
                                                                                                                                                                                                           Appetite and portfolio strategy approved by
                                                                                                                                  e. Must implement the principles of good
                                                                                                                                                                                                           the Risk Oversight Committee, and review any
                                                                                                                                      corporate governance in every business
                                                                                                                                                                                                           changes in the risk management strategy or risk
                                                                                                                                      activity of the Bank at all levels or levels of the
                                                                                                                                                                                                           appetite that arise
                                                                                                                                      organisation, at least this must be realised in
                                                                                                                                      the implementation of the Board of Directors’
                                                                                                                                      duties and responsibilities, the completeness
                                                                                                                                      and implementation of the duties of committees




                                                                                                                                                                                                                     PT Bank QNB Indonesia Tbk Annual Report 2025
Page 77
150                                                                                                                                                                                                                                   151
                    2025 Highlights                          Reports to Stakeholders                  Company Profile        Management Discussion and Analysis    Corporate Governance (GCG)               Sustainability




Furthermore, each member of the Board of Directors               •   Finance Director                                                                                        Board of Directors meetings
has duties and responsibilities assigned based on the                The Finance Director monitors the optimal strategy                     Board of Directors’
scope of their respective roles. A brief description is              for capitalisation and distribution of dividends                                                        Meeting policy
                                                                                                                                            Meetings in 2025
presented in the section below.                                      to shareholders and maintains capital adequacy                                                          Meetings of the Board of Directors shall be held at least
• President Director                                                 ratios; supports an effective decision making across               1      6 January 2025                once a month or whenever deemed necessary, and upon
    The President Director is responsible for                        all business units and delivers ideas related to                                                        a written request from any member of the Board of
    coordinating the Bank’s management efforts and,                  financial investments, liquidity, strategic planning,             2       20 January 2025               Directors, any member of the Board of Commissioners,
    together with other members of the Board of                      balance sheet structure, and profit projections;                                                        or at least 1/10 of the total shares with valid voting rights.
                                                                                                                                       3       10 February 2025
    Directors, preparing strategic plans; leading the                prepares the Bank’s annual budget and maintains                                                         Joint meetings of the Board of Directors and Board
    development of the business network to generate                  the business, budgeting, and review procedures                                                          of Commissioners must be held at least once every
                                                                                                                                       4       10 February 2025
    profits for the Bank; coordinating, directing, and               that are consistent throughout the Bank while                                                           four months. Each member of the Board of Directors
    supervising each directorate to ensure alignment                 monitoring the Bank’s budget control system and                   5       24 February 2025              is required to attend the meetings, except in cases of
    with the Bank’s long-term strategy; directing the                developing long-term financial strategy; controls                                                       valid reasons, in which case their proxy may attend in
    Bank’s business performance and maximising                       the spread and margin of the average interest rate                6       6 March 2025                  accordance with applicable provisions. Meetings may
    revenue; promoting the Bank’s image and fostering                and prepares marginal cost/benefit analyses as                                                          also be conducted via teleconference, video conference,
    strong relationships with customers, financial                   well as designs and maintains through coordination                 7      10 March 2025                 or other electronic methods.
    authorities, and other stakeholders; supervising                 the risk adjusted return on capital; and monitors
    the Directors and divisions directly under their                 the implementation of sustainable financing                       8       24 March 2025
                                                                                                                                                                             Throughout 2025, the Board of Directors held 25
    responsibility in accordance with the Bank’s                     plan into the Bank’s governance and standard                                                            internal meetings and 7 joint meetings with the Board
                                                                                                                                       9       14 April 2025
    organisational structure; as well as leading and                 operating procedures.                                                                                   of Commissioners.
    directing human capital empowerment policies to
                                                                                                                                       10      16 April 2025
    ensure alignment with the Bank’s strategy and to
    achieve its goals.                                                                                                                 11      5 May 2025
• Compliance Director
    The Compliance Director leads and directs the                                                                                      12      26 May 2025
    development and implementation of policies and
    strategies in the areas of Regulatory Compliance,                                                                                  13      11 June 2025

    Financial Crime Compliance (FCC), and Corporate
    Secretary; formulates strategies to promote a                                                                                      14      24 June 2025

    culture of compliance; establishes compliance
                                                                                                                                       15      7 July 2025
    systems and procedures to develop internal policies
    and guidelines and ensure their alignment with                                                                                     16      21 July 2025
    laws and regulations; coordinates, directs, and
    implements good corporate governance principles                                                                                    17      4 August 2025
    and corporate actions; ensures compliance with
    reporting requirements and the fulfilment of                                                                                       18      22 August 2025
    action plans and commitments to regulators; and
    enhances competitiveness and profitability through                                                                                 19      1 September 2025

    effective planning and control of resources and risk
                                                                                                                                       20      15 September 2025
    management under the Compliance Directorate.
• Corporate & institutional banking Director
                                                                                                                                       21      29 September 2025
    The Corporate & Institutional Banking Director
    leads and directs policy and strategy development                                                                                  22      13 October 2025
    and implementation in Corporate & Institutional
    Banking area; leads, directs, and coordinates the                                                                                  23      10 November 2025
    development of products and services to ensure
    growth, profitability, and competitive products in the                                                                             24      24 November 2025
    Corporate & Institutional Banking segment; ensures
    fulfilment of customer-oriented approach and                                                                                       25      8 December 2025

    strategic relationship approach; as well as boosts
    competitiveness and profitability through effective
    planning and control over resources and risk
    management under the Corporate & Institutional
    Banking Directorate.




                                                                                                                                                                                              PT Bank QNB Indonesia Tbk Annual Report 2025
Page 78
152                                                                                                                                                                                                                                                                         153
                     2025 Highlights                                   Reports to Stakeholders                             Company Profile               Management Discussion and Analysis               Corporate Governance (GCG)              Sustainability




                                                                                                                                                     Nomination and remuneration of the Board
Attendance of Board of Directors Members in Board of Directors Meetings, Board of Commissioners–Board of Directors
Joint Meetings, and GMS in 2025




      Name        Position
                                   Board of Directors Meetings
                                                                       Board of Commissioners–Board of
                                                                           Directors Joint Meetings
                                                                                                                             GMS
                                                                                                                                                     of Commissioners and Board of Directors
                                Number of    Number of
                                                          Percentage
                                                                       Number of    Number of
                                                                                                 Percentage
                                                                                                              Number of    Number of
                                                                                                                                        Percentage   Procedure for Determining the Remuneration of the Board of Commissioners and Board of Directors
                                Meetings    Attendances                Meetings    Attendances                Meetings    Attendances
                                                                                                                                                     The Bank establishes a measurable remuneration package in accordance with governance principles, referring to the
 Nick Groene    President          25           24          96%           7            7           100%           1            1          100%       Bank’s internal policies, applicable laws and regulations, industry benchmarks, and considers the Bank’s performance
                Director                                                                                                                             during the year. Remuneration for members of the Board of Commissioners and Board of Directors is determined based
                                                                                                                                                     on the contributions and achievements of the Board of Commissioners and Board of Directors, while the amount of
 Windiartono    Compliance         25           21          84%           7            7           100%           1            1          100%       salary, honorarium, and other benefits is established through GMS resolutions in accordance with the provisions of the
 Tabingin       Director                                                                                                                             Articles of Association.

 Gede Shanta    Finance            25           24          96%           7            7           100%           1            1          100%
                                                                                                                                                     The remuneration determination process for the Board of Commissioners and Board of Directors is conducted through
 Wiguna         Director
                                                                                                                                                     several stages, including formulation, analysis, recommendation submission, and approval. The Remuneration and
                                                                                                                                                     Nomination Committee acts as a supporting body that prepares remuneration policies and proposals by referring to
 Mario Utama    Corporate &        25           23          92%           7            7           100%           1            1          100%
                Institutional                                                                                                                        market data, industry standards for similar positions, inflation levels, and the Bank’s performance assessment results.
                Banking
                Director                                                                                                                             Structure and Components of Remuneration for the Board of Commissioners and Board of Directors
                                                                                                                                                     The structure and components of remuneration for the Board of Commissioners and Board of Directors are stipulated in
                                                                                                                                                     QNB Indonesia Human Resource Policy No. 2/04-HRSD/112.04/X/2025 dated 22 September 2025.
Board of Directors’ performance assessment                                       Subsequently, OJK will evaluate the self-assessment
                                                                                 report on the Bank’s governance implementation.
The Board of Directors’ performance assessment is                                                                                                    The structure and components of remuneration provided to the Board of Commissioners and Board of Directors
                                                                              3. The Board of Directors’ performance is also
conducted on a regular basis. This evaluation refers to                                                                                              consist of:
                                                                                 assessed through the preparation of a collegial self-
several criteria that reflect the implementation of the                                                                                              1. Salary
                                                                                 assessment on the implementation of the Board of
duties and responsibilities of the Board of Directors,                                                                                               2. Regular Allowances
                                                                                 Directors’ duties and responsibilities.
including:                                                                                                                                           3. Other Tangible Facilities (health insurance, and others) that can be owned and cannot be owned
• Assessment of the Board of Directors’ Duties as
                                                                              Committees’ performance assessment
    reflected in the Annual Report, conducted by the                                                                                                 Remuneration Amount for the Board of Commissioners and Board of Directors
    Shareholders through the GMS.                                             To support effective management and strategic
                                                                                                                                                     The total remuneration for the Board of Commissioners and Board of Directors in 2025 was set at IDR29.02 billion. This
• Self-assessment through the preparation of                                  decision-making, the Board of Directors established
                                                                                                                                                     amount includes honorarium, allowance, and bonus for all members of the Company’s Board of Commissioners and Board
    a self-assessment on the Bank’s Governance                                several committees tailored to operational needs and to
                                                                                                                                                     of Directors.
    Implementation, consisting of Governance Structure,                       ensure compliance with applicable regulations. These
    Governance Process, and Governance Outcome.                               committees include:
                                                                                                                                                     The remuneration of the Board of Commissioners and Board of Directors in 2025, grouped by income range, is presented
• Self-assessment of the implementation of the Board                          1. Asset & Liability Committee (ALCO)
                                                                                                                                                     as follows:
    of Directors’ duties and responsibilities, consisting                     2. Credit Committee
    of Membership Structure; Performance Assessment;                          3. Credit Remedial Committee
    Strategic Plans and Performance; Management                               4. Early Alert Committee                                                                        Total Remuneration per Person per Year                                    Recipients
    Interaction, and Activities.                                              5. Risk Management Committee
                                                                              6. Purchasing Committee                                                 Board of Commissioners
The Board of Directors’ performance assessment                                7. New Products & Activities Committee
is carried out through the following procedures                               8. Information Technology Steering Committee                            Above IDR5 billion                                                                                     0
or mechanisms:                                                                9. Human Resources Committee
1. Assessment of the Board of Directors’ performance                          10. Fraud Oversight Committee                                           Above IDR2 billion up to IDR5 billion                                                                  0
    by the AGMS.                                                              11. Credit Policy Committee
    The Board of Directors’ performance is assessed by                        12. Operational Risk Committee                                          Above IDR1 billion up to IDR2 billion                                                                  2
    the Board of Commissioners and presented to the                           13. Anti-Money Laundering and Counter-Terrorist
    Shareholders at the AGMS during the presentation                              Financing Committee                                                 Above IDR500 million up to IDR1 billion                                                                0
    of the Board of Directors’ duty report as stated in                       14. Governance, Risk, Compliance Committee
    the Bank’s Annual Report. The AGMS subsequently                           15. Artificial Intelligence (AI) Governance Committee                   IDR500 million or below                                                                                0
    determines to accept and approve the Annual                               16. Environmental Social Governance (ESG) Committee
                                                                                                                                                      Board of Directors
    Report for the previous fiscal year, including the                        17. Information Security Committee
    Board of Directors’ duty report and grants full                                                                                                   Above IDR5 billion                                                                                     2
    release and discharge (acquit et de charge) to the                        The performance of the Board of Directors’ Committees
    Board of Directors for all management actions                             throughout 2025 was assessed as effective, based                        Above IDR2 billion up to IDR5 billion                                                                  2
    performed during the fiscal year.                                         on the completion of duties in accordance with their
2. The Board of Directors’ performance assessment                             mandates, committee members’ expertise, and                             Above IDR1 billion up to IDR2 billion                                                                  0
    through the preparation of a self-assessment on the                       their active participation in meetings, all of which
    Bank’s corporate governance implementation. This                          strengthened the Bank’s governance quality and                          Above IDR500 million up to IDR1 billion                                                                0
    Board of Directors’ performance assessment must                           decision-making process.
    be submitted by the Bank to OJK every semester.                                                                                                   IDR500 million or below                                                                                0




                                                                                                                                                                                                                                     PT Bank QNB Indonesia Tbk Annual Report 2025
Page 79
154                                                                                                                                                                                                                                             155
                     2025 Highlights                           Reports to Stakeholders           Company Profile        Management Discussion and Analysis                 Corporate Governance (GCG)                 Sustainability




                                                                                                                    Board of Commissioners’ Committees
The following presents the ratio of the highest and lowest salaries across position groups:                         Audit Committee
                                                                                                                    Audit Committee Charter
                               Highest and Lowest Salaries                                    Recipients            The Audit Committee carries out its supervisory functions based on the Audit Committee Charter No. 1/04/004.02/
                                                                                                                    III/2024 dated 7 March 2024. The Charter is reviewed and updated periodically to ensure compliance with the prevailing
 Ratio of Employees’ Highest Salary to Lowest Salary                                                       35.05    regulations. This document sets out the composition and structure, membership requirements, term of office,
                                                                                                                    scope of duties and responsibilities, authorities, ethical principles, work schedule, operational mechanisms, meeting
 Ratio of Directors’ Highest Salary to Lowest Salary                                                         2.14   arrangements, and reporting procedures of the Audit Committee members.

 Ratio of Commissioners’ Highest Salary to Lowest Salary                                                        1
                                                                                                                    Legal Basis of Appointment, Structure, and Composition
 Ratio of Highest Director Salary to Highest Employee Salary                                                2.19    In 2025, there were no changes to the composition of the Audit Committee. Accordingly, the Bank’s Audit Committee
                                                                                                                    consists of 1 Committee Chairman (Independent Commissioner) and 2 members who are Independent Parties. All
 Ratio of Director’s Highest Salary to Commissioner’s Highest Salary                                        5.57    members are required to perform their duties with integrity, independence, and a high level of competence.

 Ratio of Director’s Highest Salary to Commissioner’s Lowest Salary                                          2.6    The composition of the Audit Committee as of 31 December 2025 is as follows:


                                                                                                                                Name                      Position in the Bank        Position in the Committee              Term of Office

                                                                                                                    Muhammad Anas Malla              Independent Commissioner                 Chairman                        2024–2027

                                                                                                                    Heru Subroto                          Independent Party                    Member                         2024–2027

                                                                                                                    Idewan Diaz                           Independent Party                    Member                         2024–2027


                                                                                                                    Profiles of Audit Committee Members

                                                                                                                                                                        Muhammad Anas Malla
                                                                                                                                                                      Audit Committee Chairman

                                                                                                                     The profile of the Audit Committee Chairman, Muhammad Anas Malla, has been presented in the Company Profile chapter
                                                                                                                     under the Board of Commissioners’ profile section of this Annual Report.

                                                                                                                     Legal Basis of Appointment
                                                                                                                     Board of Directors’ Decision Letter No. 066/SK-Dir/X/2024 dated 1 October 2024.



                                                                                                                                                                            Heru Subroto
                                                                                                                                                                      Audit Committee Member

                                                                                                                    Personal Data
                                                                                                                    Indonesian
                                                                                                                    70 years old as of 31 December 2025

                                                                                                                    Legal Basis of Appointment
                                                                                                                    Board of Directors’ Decision Letter No. 066/SK-Dir/X/2024 dated 1 October 2024

                                                                                                                    Educational Background
                                                                                                                    • Bachelor’s degree from Universitas Gadjah Mada, Yogyakarta (1982)
                                                                                                                    • Master’s degree in EDP/IT Audit from California State Polytechnic University, California, USA (1991)

                                                                                                                    Work Experience
                                                                                                                    With more than 27 years of experience at PT Bank Negara Indonesia (Persero) Tbk, having held several key positions, including
                                                                                                                    IT Audit Group Head and Deputy General Manager of the Operational Division. Additional roles include IT Consultant at
                                                                                                                    Koperasi Swadharma (2011–2013), Project Manager and Internal Control at PT SDD Group (2013–2015), Senior Consultant at
                                                                                                                    PT Mitra Bisnis Ciptakarya, Management Member in Internal Audit and Information Technology at Persatuan Pensiunan BNI,
                                                                                                                    and Audit Committee Member at Bank Oke Indonesia (2022–July 2025).

                                                                                                                    Concurrent Positions
                                                                                                                    • Risk Oversight Committee Members at PT Bank QNB Indonesia Tbk (2024-present)




                                                                                                                                                                                                         PT Bank QNB Indonesia Tbk Annual Report 2025
Page 80
156                                                                                                                                                                                                                                                             157
                   2025 Highlights                              Reports to Stakeholders                         Company Profile             Management Discussion and Analysis            Corporate Governance (GCG)                  Sustainability




                                                                                                                                    Audit Committee Competence Development
                                                            Idewan Diaz
                                                                                                                                    To strengthen the Committee’s capabilities and the effectiveness of its functions, members of the Audit Committee
                                                     Audit Committee Member
                                                                                                                                    actively participated in relevant training and development programmes. Throughout 2025, the Audit Committee
                                                                                                                                    attended Risk Management Refreshment and Certification Training programme conducted by external parties.
Personal Data
Indonesian
60 years old as of 31 December 2025                                                                                                 Audit Committee Meetings
                                                                                                                                    The Audit Committee’s meeting is held periodically, at least once a month. An Audit Committee’s meeting may only be
Legal Basis of Appointment                                                                                                          held if attended by at least 51% (fifty-one percent) of all members.
Board of Directors’ Decision Letter No. 066/SK-Dir/X/2024 dated 1 October 2024
                                                                                                                                    Throughout 2025, the Audit Committee held 24 meetings, with the following details of attendance and agenda.
Educational Background
• Bachelor’s degree in Civil Engineering from Institut Sains & Teknologi Nasional (ISTN), Jakarta (1992)
• Master’s degree in Accounting from Universitas Indonesia, Jakarta (2001)                                                          Attendance Recap of the Audit Committee Meetings in 2025


Work Experience                                                                                                                                    Name                Number of Meetings                    Attendance                       Percentage
With more than 20 years of experience at Bank Raya (formerly Bank BRI Agro/Bank Agro) (2001–2022), lastly served as an
Executive Vice President, Head of Operations, Network, and Services Division (2021), followed by an appointment as Executive        Muhammad Anas Malla                          24                               24                             100%
Vice President, Special Staff to the Board of Directors (2022). Previous roles include positions at PT Heburinas Appraisal
(2000–2001), PT Kuarsa Hexagon Consultan (1999–2000), PT Dimensi Engineering Contractor (1993–1998), and PT Lampiri                 Heru Subroto                                 24                               24                             100%
Jaya Abadi (1992–1993).
                                                                                                                                    Idewan Diaz                                  24                               24                             100%
Concurrent Positions
• The Audit Committee Members at BRI Finance (2022-present)
                                                                                                                                    Agendas of the Audit Committee Meetings in 2025

                                                                                                                                      No.                 Date                                                   Agenda
Duties and Responsibilities
The Audit Committee’s duties and responsibilities are fully stipulated in the Audit Committee Charter. In general, the                 1.      21 January 2025         1. 4th Quarter Presentation from Internal Audit, Anti-Fraud, and Operational Risk
Audit Committee is tasked with and responsible for supporting the Board of Commissioners, including but not limited                                                    2. Draft Audit Report - Internal Audit Group (Non-IT)
to reviewing financial information to be submitted by the Bank to the authorities and/or the public; assessing the
effectiveness of the Bank’s risk management and internal controls over financial reporting and other reporting, including             2.       4 February 2025         2025 Audit Plan
information technology security and controls; monitoring, analysing, and evaluating audit planning and implementation,
                                                                                                                                      3.       18 February 2025        Closing Meeting Financial Audit 2025 with Committee Audit
as well as monitoring follow-up actions on internal audit findings to assess the adequacy of internal controls; analysing
the Bank’s compliance with regulations and ensuring that the Bank’s business activities align with applicable laws and                4.       11 March 2025           Management Letter Points Financial Audit 2025 with Committee Audit
regulations; monitoring and evaluating the consistency between audit implementation by the external auditor and the
prevailing auditing standards; and evaluating key issues highlighted in the quarterly report summaries submitted by                   5.       11 March 2025           Summary of Internal Audit Group Findings
Internal Audit and Compliance.
                                                                                                                                      6.       25 March 2025           Evaluation Report - Bank Audit Committee on the Implementation of Audit Services on
Independence                                                                                                                                                           Annual Historical Financial Information by Public Accountant and/or Public Accounting
                                                                                                                                                                       Firm
All members of the Audit Committee meet all independence criteria and are able to carry out their duties independently,
upholding the interests of the Bank and remaining free from any influence. This is reflected in its composition, which                7.       29 April 2025           1st Quarter Presentation from Internal Audit, Anti-Fraud, and Operational Risk
consists of one Chairman who is an Independent Commissioner and two members who are from Independent Parties.
                                                                                                                                      8.       27 May 2025             Development of Bank Loan Debtors
Financial or Familial Relations of Audit Committee Members
                                                                                                                                      9.       3 June 2025             Analysis of Adequacy of Policies and Procedures
                                           Familial Relations with                            Financial Relations with
                                                                                                                                      10.      22 July 2025            1. Update on Anti-Fraud Strategy Implementation Q2-2025
                                                                                                                                                                       2. Reporting of Anti-Fraud Strategy for Semester 1-2025 to OJK
                              Board of            Board of        Controlling     Board of           Board of         Controlling
          Name
                            Commissioners         Directors      Shareholders   Commissioners        Directors       Shareholders
                                                                                                                                      11.      29 July 2025            Audit Committee Recommendation for the Publication of Unaudited Financial Statements
                                                                                                                                                                       for the Period Ending 30 June 2025
                            Yes       No       Yes      No      Yes     No      Yes     No         Yes     No       Yes     No
                                                                                                                                      12.      29 July 2025            1. Resignation of Chief Auditor of PT Bank QNB Indonesia Tbk
                                                                                                                                                                       2. Appointment of Chief Auditor of the Bank
Muhammad Anas Malla                   √                  √               √                √                 √                √
                                                                                                                                      13.      29 July 2025            2nd Quarter Presentation of Internal Audit, Anti-Fraud, and Operational Risk
Heru Subroto                          √                  √               √                √                 √                √
                                                                                                                                      14.      4 August 2025           Financial Institution Update
Idewan Diaz                           √                  √               √                √                 √                √
                                                                                                                                      15.      16 September 2025       Update on Internal Control Framework & PDP




                                                                                                                                                                                                                         PT Bank QNB Indonesia Tbk Annual Report 2025
Page 81
 158                                                                                                                                                                                                                                                  159
                      2025 Highlights                            Reports to Stakeholders                    Company Profile       Management Discussion and Analysis               Corporate Governance (GCG)               Sustainability




                                                                                                                              Profiles of the Remuneration and Nomination Committee Members
  No.               Date                                                      Agenda
                                                                                                                                                                              Muhammad Anas Malla
  16.    23 September 2025          Update on Internal Control                                                                                                   Remuneration and Nomination Committee Chairman

  17.    7 October 2025             Kick Off Meeting Financial Statement Audit FY2025 with EY Indonesia                       The profile of the Remuneration and Nomination Committee Chairman, Muhammad Anas Malla, is presented in the Company
                                                                                                                              Profile chapter under the Board of Commissioners Profiles in this Annual Report.
  18.    14 October 2025            3rd Quarter Presentation of Internal Audit, Anti-Fraud, and Operational Risk
                                                                                                                              Legal Basis of Appointment
  19.    14 October 2025            Update on Anti-Fraud Strategy Implementation Q3-2025                                      Board of Directors’ Decision Letter No. 059a/SK-Dir/XI/2025 dated 18 November 2025.

  20.    21 October 2025            Publication of Unaudited Financial Statements Q3-2025
                                                                                                                                                                                  Khalid Al-Sada
  21.    18 November 2025           Update AML                                                                                                                    Remuneration and Nomination Committee Member

  22.    25 November 2025           External Auditor Findings on AML Assessment                                               The profile of the Remuneration and Nomination Committee Member, Khalid Al-Sada, is presented in the Company Profile
                                                                                                                              chapter under the Board of Commissioners Profiles in this Annual Report.
  23.    16 December 2025           Progress Financial Statement FY2025 EY Indonesia
                                                                                                                              Legal Basis of Appointment
  24.    23 December 2025           Update AML CFT and CPF Q4                                                                 Board of Directors’ Decision Letter No. 059a/SK-Dir/XI/2025 dated 18 November 2025.


Implementation of Duties in 2025
The Audit Committee has carried out its duties and responsibilities, including monitoring and providing                                                                      Carina Hastari Tanubrata
recommendations. These monitoring and recommendations are regularly conveyed to the Board of Commissioners. In                                                    Remuneration and Nomination Committee Member
addition, the Audit Committee provides independent professional opinions to the Board of Commissioners on reports
and identifies matters requiring the Board of Commissioners’ attention, among others, regarding Financial Statements;         The profile of the Remuneration and Nomination Committee Member, Carina Hastari Tanubrata, is presented in the Company
Internal Control; Internal Audit; Compliance; and External Audit.                                                             Profile chapter under the Executive Management Profiles in this Annual Report.

                                                                                                                              Legal Basis of Appointment
Remuneration and Nomination Committee                                                                                         Board of Directors’ Decision Letter No. 059a/SK-Dir/XI/2025 dated 18 November 2025.
Remuneration and Nomination Committee Charter
The Remuneration and Nomination Committee was established pursuant to the Remuneration and Nomination
Committee Charter No. 1/04/003.03/III/2024 dated 7 March 2024, which serves as the foundation for its                         Duties and Responsibilities
implementation of duties. The Charter is reviewed periodically and updated in accordance with prevailing regulations to       The Remuneration and Nomination Committee’s duties and responsibilities are stipulated in the Remuneration and
ensure alignment with best governance practices. The Charter comprehensively regulates the composition, structure,            Nomination Committee Charter. In general, the Committee is tasked with and responsible for supporting the Board of
and membership requirements, as well as the duties and responsibilities, work ethics, working procedures, meeting             Commissioners, including but not limited to evaluating remuneration policies based on performance, risk, fairness relative
arrangements, and reporting mechanisms of the Remuneration and Nomination Committee members.                                  to peer groups, as well as the Bank’s long-term goals and strategies; and recommending systems and procedures for
                                                                                                                              the selection and/or replacement of members of the Board of Directors and Board of Commissioners to the Board of
                                                                                                                              Commissioners for submission to the GMS.
Legal Basis of Appointment, Structure, and Composition
In 2025, there was a changes to the composition of the Remuneration and Nomination Committee. Accordingly, the                Independence
Bank’s Remuneration and Nomination Committee consisted of 1 Committee Chairman (Independent Commissioner) and
2 members, comprising one Commissioner and one executive officer in the Human Resources function.                             All members of the Remuneration and Nomination Committee meet all independence criteria and are able to perform
                                                                                                                              their duties independently, upholding the Bank’s interests and remaining free from the influence of any party. This is
The composition of the Remuneration and Nomination Committee as of 31 December 2025 is as follows:                            reflected in its membership, which consists of 1 Chairman who is an Independent Commissioner, 1 committee member
                                                                                                                              who is also a member of the Board of Commissioners, and 1 executive officer in the Human Resources function.

                                                                              Position in the
               Name                       Position in the Bank                                             Term of Office
                                                                               Committee

 Muhammad Anas Malla                Independent Commissioner                     Chairman                    2024–2027

 Khalid Al-Sada                     Commissioner                                 Member                      2024–2027

 Carina Hastari Tanubrata*          Head of HR Division                          Member                      2024–2027
 (replacing Ruth Theresia)


* Effective since 7 November 2025




                                                                                                                                                                                                               PT Bank QNB Indonesia Tbk Annual Report 2025
Page 82
160                                                                                                                                                                                                                                                              161
                      2025 Highlights                               Reports to Stakeholders                        Company Profile            Management Discussion and Analysis             Corporate Governance (GCG)                Sustainability




Financial or Familial Relations of Remuneration and Nomination Committee Members                                                       Agendas of the Remuneration and Nomination Committee Meetings in 2025


                                             Familial Relations with                            Financial Relations with                No.                 Date                                                 Agenda

                                                                                                                                          1      11 February 2025        1. Salary increase 2025 for employees and the BoD of PT Bank QNB Indonesia Tbk.
                                 Board of           Board of         Controlling     Board of          Board of          Controlling
           Name                                                                                                                                                          2. Performance bonus 2024 for employees and the BoD of PT Bank QNB Indonesia
                               Commissioners        Directors       Shareholders   Commissioners       Directors        Shareholders

                                                                                                                                          2      18 February 2025        1. Salary increase 2025 for Independent Commissioner and committee member of PT
                                Yes     No       Yes      No        Yes    No      Yes     No        Yes     No        Yes     No                                           Bank QNB Indonesia Tbk.
                                                                                                                                                                         2. Token of appreciation for Independent Commissioner and committee member of PT
                                                                                                                                                                            Bank QNB Indonesia Tbk.
 Muhammad Anas Malla                    √                  √                √              √                  √                 √
                                                                                                                                          3      11 March 2025           Nomination for President Director of PT Bank QNB Indonesia Tbk
 Khalid Al-Sada                         √                  √                √              √                  √         √
                                                                                                                                          4      1 April 2025            Information from HR Division regarding Employee Emergency Loan
 Carina Hastari Tanubrata*              √                  √                √              √                  √                 √
 (replacing Ruth Theresia)
                                                                                                                                         5       5 August 2025           Information from Audit Committee to Remuneration Nomination Committee (RNC) about
                                                                                                                                                                         Chief Auditor of the Bank
* Effective since 7 November 2025.
                                                                                                                                         6       18 November 2025        1. Termination of one of member as a member of RNC of PT Bank QNB Indonesia Tbk
                                                                                                                                                                         2. Nomination member of RNC of PT Bank QNB Indonesia Tbk
Remuneration and Nomination Committee Competence Development
To strengthen the Committee’s capabilities and the effectiveness of its functions, Remuneration and Nomination                         Implementation of Duties in 2025
Committee members actively participated in relevant training and development programmes. Throughout 2025,                              The realisation of the Remuneration and Nomination Committee’s work implementation throughout 2025 is as follows:
the Remuneration and Nomination Committee attended Risk Management Refreshment and Certification Training                              1. Provided recommendation to the Board of Commissioners regarding remuneration amount.
programmes conducted by external parties.                                                                                              2. Assisted the Board of Commissioners in conducting performance assessment and alignment with remuneration
                                                                                                                                          received by each members of the Board of Directors and the Board of Commissioners.
Remuneration and Nomination Committee Meetings                                                                                         3. Provided recommendation regarding the nomination of President Director.
Remuneration and Nomination Committee’s meeting is held according to the Bank’s needs, at least once every 3 (three)                   4. Document the information from the Audit Committee regarding resignation of Chief Auditor and appointment of
months. Remuneration and Nomination Committee’s meeting is held if attended by a majority of committee’s members,                         Acting Chief Auditor.
including 1 (one) Independent Commissioner and 1 (one) Executive Officer in charge of human resources.                                 5. Document the information from Head of Human Resources regarding Employee Emergency Loan.
                                                                                                                                       6. Termination member of Remuneration and Nomination Committee and nomination recommendation of Head of
Nomination is held if attended by a majority of committee’s members, including 1 (one) Independent Commissioner and 1                     Human Resources as member of Remuneration and Nomination Committee.
(one) Executive Officer in charge of human resources.
                                                                                                                                       Risk Oversight Committee
Throughout 2025, the Nomination and Remuneration Committee held 6 (six) meetings, with the following details of                        Risk Oversight Committee Charter
attendance and agenda:
                                                                                                                                       The Risk Oversight Committee was established based on the Risk Oversight Committee Charter No. 1/04/005.02/
Attendance Recap of the Remuneration and Nomination Committee Meetings in 2025
                                                                                                                                       III/2024 dated 7 March 2024, as part of efforts to strengthen the company’s risk oversight function. The Charter is
                                                                                                                                       reviewed periodically and updated in accordance with applicable regulatory requirements, serving as a clear operational
                     Name                          Number of Meetings                 Attendance                     Percentage        guideline for Committee members. It stipulates the composition, structure and membership requirements, tenure,
                                                                                                                                       duties and responsibilities, authority, working mechanisms, meetings, as well as reporting procedures of the Risk
 Muhammad Anas Malla                                            6                         5                              83%           Oversight Committee.

 Khalid Al-Sada                                                 6                         6                             100%           Legal Basis of Appointment, Structure, and Composition
                                                                                                                                       In 2025, there were no changes to the composition of the Risk Oversight Committee, therefore, the Bank’s Risk
 Carina Hastari Tanubrata*                                      6                         5                              83%
                                                                                                                                       Oversight Committee consists of 1 Committee Chairman (Independent Commissioner) and 2 members who are
 (replacing Ruth Theresia)
                                                                                                                                       independent parties. Independent members are responsible for carrying out their duties and authorities with integrity,
                                                                                                                                       competence, and a commitment to maintaining independence and reputation.
* Effective since 7 November 2025
                                                                                                                                       The composition of the Risk Oversight Committee as of 31 December 2025 is as follows:


                                                                                                                                                     Name                  Position in the Bank       Position in the Committee              Term of Office

                                                                                                                                       Djoko Sarwono                   Independent Commissioner                Chairman                        2024–2027

                                                                                                                                       Tjetjep Hasmitha                       Independent Party                Member                          2024–2027

                                                                                                                                       Heru Subroto                           Independent Party                Member                          2024–2027



                                                                                                                                                                                                                          PT Bank QNB Indonesia Tbk Annual Report 2025
Page 83
162                                                                                                                                                                                                                                                              163
                   2025 Highlights                          Reports to Stakeholders                    Company Profile           Management Discussion and Analysis                     Corporate Governance (GCG)                  Sustainability




Profiles of the Risk Oversight Committee Members                                                                             Independence
                                                                                                                             All members of the Risk Oversight Committee meet all independence criteria and are able to carry out their duties
                                                     Djoko Sarwono                                                           independently, upholding the interests of the Bank, and remaining uninfluenced by any party. This is demonstrated
                                           Risk Oversight Committee Chairman                                                 by the composition consisting of 1 Chairman who is an Independent Commissioner and 2 members who are from
                                                                                                                             independent parties.
The profile of the Risk Oversight Committee Chairman, Djoko Sarwono, is presented in the Company Profile chapter under the
Board of Commissioners Profile in this Annual Report.                                                                        Financial or Familial Relations of Risk Oversight Committee Members
Legal Basis of Appointment
Board of Directors’ Decision Letter No. 040/SK-Dir/V/2024 dated 30 May 2024                                                                                        Familial Relations with                                  Financial Relations with


                                                                                                                                                       Board of           Board of           Controlling     Board of               Board of          Controlling
                                                   Tjetjep Hasmitha                                                                  Name
                                                                                                                                                     Commissioners        Directors         Shareholders   Commissioners            Directors        Shareholders
                                           Risk Oversight Committee Member

Personal Data                                                                                                                                        Yes      No        Yes      No         Yes    No      Yes         No        Yes      No         Yes    No
Indonesian
69 years old as of 31 December 2025
                                                                                                                             Djoko Sarwono                     √                    √               √                   √                  √                 √
Legal Basis of Appointment
Board of Directors’ Decision Letter No. 040/SK-Dir/V/2024 dated 30 May 2024                                                  Tjetjep Hasmitha                  √                    √               √                   √                  √                 √

Educational Background                                                                                                       Heru Subroto                      √                    √               √                   √                  √                 √
• Bachelor of Economics, majoring in Management, Universitas Pancasila, Jakarta (1984)
• Master of Management, same university (1996)
                                                                                                                             Risk Oversight Committee Competence Development
Work Experience                                                                                                              To strengthen the Committee’s capability and the effectiveness of its function, members of the Risk Oversight
Has more than 30 years of experience at Bank Indonesia (1981–2012), with his last position being Deputy Director/Head of
                                                                                                                             Committee actively participate in relevant training and development programmes. Throughout 2025, the Risk
the Payroll and Emoluments Division. Served as a member of the BLBI Settlement Team (1999–2002). Held various positions,
                                                                                                                             Oversight Committee took part in Risk Management Refreshment and Certification Training programmes conducted by
including Head of the Internal Audit & Quality Assurance Bureau at the Indonesian Banking Development Institute (LPPI)
(2012–2015), Supervisor at Koperasi Karya Usaha Mandiri (2013–2018), and Koperasi Pegawai LPPI (2012–2015).                  external parties.

Concurrent Positions                                                                                                         Risk Oversight Committee Meetings
Does not hold concurrent positions
                                                                                                                             The Risk Oversight Committee’s meeting is held periodically, at least once a month. A Risk Oversight Committee’s
                                                                                                                             meeting may only be held if attended by a majority of committee members.

                                                      Heru Subroto                                                           Throughout 2025, the Risk Oversight Committee held 12 meetings, with the following details of attendance and agenda:
                                           Risk Oversight Committee Member
                                                                                                                             Attendance Recap of the Risk Oversight Committee Meetings in 2025
The profile of the Risk Oversight Committee Member, Heru Subroto, is presented in the Corporate Governance chapter under
the Audit Committee Profile in this Annual Report.                                                                                          Name                     Number of Meetings                    Attendance                          Percentage

Legal Basis of Appointment
                                                                                                                             Djoko Sarwono                                     12                                12                              100%
Board of Directors’ Decision Letter No. 040/SK-Dir/V/2024 dated 30 May 2024
                                                                                                                             Tjetjep Hasmitha                                  12                                12                              100%

Duties and Responsibilities                                                                                                  Heru Subroto                                      12                                12                              100%
The Risk Oversight Committee’s duties and responsibilities are fully stipulated in the Risk Oversight Committee Charter.
In general, the Risk Oversight Committee is tasked with and responsible for supporting the Board of Commissioners,
including but not limited to supervising matters related to country risk and transfer risk; reviewing the Bank’s risk
management strategy as well as the Risk Appetite and Portfolio Strategy recommended by the Risk Management
Committee; assessing and comparing the portfolio risk profile with the Risk Appetite; recommending the risk framework
and risk policies as well as the control structure in line with the Bank’s strategy; and reviewing and recommending
the Bank’s principal risks and risk taxonomy identified as part of the Enterprise Risk Management Policy and risk
management framework.




                                                                                                                                                                                                                      PT Bank QNB Indonesia Tbk Annual Report 2025
Page 84
164                                                                                                                                                                                                                                                             165
                   2025 Highlights                            Reports to Stakeholders                   Company Profile        Management Discussion and Analysis                       Corporate Governance (GCG)                    Sustainability




                                                                                                                          Board of Directors’ Committees
Agendas of the Risk Oversight Committee Meetings in 2025                                                                  Asset & Liability Committee

  No.              Date                                                         Agenda                                    Legal Basis of Establishment
                                                                                                                          The Asset & Liability Committee (ALCO) was established based on the Board of Directors’ Decision Letter, most recently
   1    21 January 2025              •   Risk Appetite Statement, Quarter IV                                              amended through Decision Letter No. 033/SK-DIR/VI/2025 dated 30 June 2025. The Asset & Liability Committee
                                     •   Risk Profile, Quarter IV 2024                                                    plays a strategic role in supporting the Board of Directors in managing assets and liabilities in an integrated manner,
                                     •   Key Risk Indicators, Quarter IV 2024                                             determining the Bank’s balance sheet structure, and providing effective policy recommendations especially related to
                                                                                                                          managing liquidity and funding structure. ALCO also ensures that all decisions and business activities comply with the
   2    25 February 2025             •   Risk Appetite Statement, January 2025                                            principles of good corporate governance.
                                     •   Key Risk Indicators, January 2025

   3    18 March 2025                •   Risk Appetite Statement, February 2025                                           Composition
                                     •   Key Risk Indicators, February 2025                                               ALCO consists of members who hold roles related to the Bank’s asset and liability management. Its membership
                                                                                                                          composition is presented in the following table:
   4    29 April 2025                •   Submission of the 2025 Emergency Funding Plan
                                     •   Submission of Materiality Limits and Account Selection Methods for ICOFR                                Membership Structure                                                    Position in the Bank
                                         Evaluation
                                     •   Submission of the Risk Profile Weighting Review
                                                                                                                           Chairman and Member                                                    President Director
                                     •   Risk Appetite Statement, Quarter I 2025
                                     •   Risk Profile, Quarter I 2025
                                                                                                                           Alternate Chairman and Member                                          Chief Risk Officer
                                     •   Key Risk Indicators, Quarter I 2025

                                                                                                                           Secretary and Member                                                   Finance Director
   5    27 May 2025                  •   Risk Appetite Statement, April 2025
                                     •   Key Risk Indicators, April 2025
                                                                                                                           Member                                                                 Corporate & Institutional Banking Director
   6    23 June 2025                 •   Risk Appetite Statement, May 2025
                                     •   Key Risk Indicator May 2025                                                       Member                                                                 Head of Treasury & Financial Institution


   7    22 July 2025                 •   Risk Appetite Statement June 2025                                                 Member                                                                 Chief Credit Officer
                                     •   Key Risk Indicator June 2025
                                                                                                                           Member                                                                 Head of Retail Banking
   8    26 August 2025               •   For Notification: 2025 Climate Risk Management Stress Test
                                     •   Risk Appetite Statement July 2025                                                Duties and Responsibilities
                                     •   Key Risk Indicators July 2025
                                                                                                                          ALCO’s primary tasks are to review and provide recommendations regarding strategies, policies, and procedures related to
   9    23 September 2025            •   Risk Appetite Statement August 2025                                              asset and liability management to the Board of Directors; to monitor and review the performance of all treasury activities
                                     •   Key Risk Indicator August 2025                                                   and the management of interest rate risk, liquidity risk, and foreign exchange risk; to review new treasury products; to
                                                                                                                          review recent developments in exchange rate and interest rate fluctuations; to ensure compliance with treasury limits and
  10    28 October 2025              •   Risk Appetite Statement September 2025                                           ratios; to monitor interest rate and foreign exchange movements in both domestic and global markets; to oversee and
                                     •   Key Risk Indicator September 2025                                                determine the most appropriate pricing policy for fund transfers in accordance with market conditions and to supervise its
                                                                                                                          implementation; as well as to review and recommend matters related to bank loans to the Board of Commissioners.
  11    25 November 2025             •   Cyber Risk Awareness
                                     •   Risk Appetite Statement October 2025
                                                                                                                          Asset & Liability Committee Meetings
                                     •   Key Risk Indicators October 2025
                                                                                                                          Throughout 2025, the Asset & Liability Committee held a total of 12 meetings, with attendance details and agendas as follows:
  12    23 December 2025             •   Risk Appetite Statement November 2025
                                     •   Key Risk Indicator November 2025                                                 Attendance Recap of the Asset & Liability Committee Meetings in 2025

                                                                                                                                         ALCO Committee                                  Number of Meetings                              Attendance
Implementation of Duties in 2025
                                                                                                                           President Director                                                     12                                            11
The Risk Oversight Committee has carried out its duties and responsibilities, including monitoring and providing
recommendations. These monitoring and recommendations are periodically reported to the Board of Commissioners.             Chief Risk Officer                                                     12                                            11

                                                                                                                           Finance Director                                                       12                                            11

                                                                                                                           Corporate & Institutional Banking Director                             12                                            12

                                                                                                                           Head of Treasury & Financial Institution                               12                                            8*

                                                                                                                           Chief Credit Officer                                                   12                                            10

                                                                                                                           Head of Retail Banking                                                 12                                            10


                                                                                                                          * Head of Treasury & Financial Institution was appointed in May 2025.


                                                                                                                                                                                                                         PT Bank QNB Indonesia Tbk Annual Report 2025
Page 85
166                                                                                                                                                                                                                                                         167
                    2025 Highlights                           Reports to Stakeholders                         Company Profile       Management Discussion and Analysis               Corporate Governance (GCG)                   Sustainability




Implementation of Duties in 2025                                                                                                Implementation of Duties in 2025
The Asset & Liability Committee’s implemented duties in 2025 were as follows:                                                   Throughout 2025, the Credit Committee carried out its duties and responsibilities to support the Board of Directors in
1. Reviewing and providing recommendations to the Board of Directors on asset and liability management strategies,              formulating credit policies and making decisions on credit proposals according to the established authority limits.
   policies, and procedures to maintain a sound and sustainable balance sheet structure.
2. Monitoring and evaluating the performance of treasury activities and the effectiveness of risk management, including
   interest rate risk, liquidity risk, and foreign currency risk.                                                               Credit Remedial Committee
3. Reviewing and providing recommendations on the development of new treasury products to ensure alignment with
   the Company’s risk profile and business needs.                                                                               Credit Remedial Committee Charter
4. Monitoring interest rate development and foreign exchange fluctuation in national and global markets as a basis for          The establishment of the Credit Remedial Committee refers to the Board of Directors’ Decision Letter, most recently
   strategic decision-making.                                                                                                   amended through Decision Letter No. 042 dated 28 August 2025. In its operation, the Credit Remedial Committee
5. Ensuring compliance with the established treasury limits and ratios and maintaining consistent risk control discipline.      supports the Board of Directors in ensuring that credit risk remains within the Bank’s risk appetite and making decisions
6. Overseeing and establishing fund transfer pricing policies that are aligned with market conditions, and ensuring their       regarding credit proposals in accordance with authority limits.
   effective implementation.
7. Reviewing the funding structure and providing recommendations on bank loans to the Board of Commissioners to                 Composition
   support the Company’s continuous liquidity and cost efficiency.
                                                                                                                                The Credit Remedial Committee consists of members from functions involved in the credit recovery process. The details
                                                                                                                                of its membership are presented in the following table.
Credit Committee
Credit Committee Charter and Legal Basis of Establishment
                                                                                                                                                   Membership Structure                                              Position in the Bank
The Credit Committee is established by involving members who perform functions related to the Bank’s loan
disbursement process. Its membership composition is presented in the following table.
                                                                                                                                Voting Member                                                 President Director

Composition                                                                                                                     Voting Member                                                 Chief Credit Officer
The Credit Committee is established by involving members who perform functions related to the Bank’s loan
disbursement process. Its membership composition is presented in the following table.                                           Voting Member                                                 Finance Director

                                                                                                                                Non-Voting Member                                             Chief Risk Officer
                    Membership Structure                                              Positions in the Bank
                                                                                                                                Non-Voting Member                                             Head of Credit Reviewer
Voting Member                                                  President Director
                                                                                                                                Non-Voting Member                                             Head of Legal
Voting Member                                                  Corporate & Institutional Banking Director
                                                                                                                                Non-Voting Member                                             Head of Credit Remedial
Voting Member                                                  Chief Credit Officer
                                                                                                                                Duties and Responsibilities
Voting Member                                                  Head of Credit Remedial
                                                                                                                                The Credit Remedial Committee’s primary duties are to review and provide recommendations on credit restructuring
Non-Voting Member                                              Chief Risk Officer
                                                                                                                                procedures, policies for handling non-performing loans, and acquired assets (AYDA) in the Bank; to oversee the
                                                                                                                                implementation of these procedures; to review and approve proposals related to credit recovery, the handling of non-
Non-Voting Member                                              Head of Credit Reviewer                                          performing loans, and the settlement of AYDA, and to ensure their execution; to monitor credit restructuring activities;
                                                                                                                                and to receive periodic reports from the Credit Remedial unit regarding the list and status of AYDA.
Non-Voting Member                                              Head of Corporate Banking
                                                                                                                                Credit Remedial Committee Meetings
Non-Voting Member                                              Head of Credit Analyst
                                                                                                                                Throughout 2025, the Credit Remedial Committee held a total of 79 meetings, with attendance details and agendas
Credit Committee Secretary                                     Head of Credit Reviewer/Credit Reviewer                          as follows:

                                                                                                                                Implementation of Duties in 2025
Duties and Responsibilities
                                                                                                                                Through its meetings and/or circular resolutions in lieu of meetings in 2025, the Credit Remedial Committee conducted
The Credit Committee is primarily tasked to approve or reject credit proposals within their limits of authority or type of      review and approve remedial credit proposals within established limits, and evaluate the performance of work units
credit set by the BoD and review those exceeding the set limits, coordinate with the Assets and Liabilities Committee           responsible for credit proposals and credit reviews. The implementation of the Credit Remedial Committee’s duties in
regarding credit funding, coordinate with the Credit Policy Committee to develop credit policy and supervise its                2025 was realised with the following achievements.
implementation, as well as review and approve the introduction of new credit products upon request from the New                 1. Total Recovery related to Wholesale, Small Medium Enterprise, and Retail, amounting to IDR 36.1 Billion.
Product and Activity Committee related to credit products.                                                                      2. Total Sales of Retail Asset Portfolio amounting to IDR 1.47 Billion.
                                                                                                                                3. Total Sales of all Foreclosed Assets (AYDA) amounting to NBV ±IDR 236 Billion.
Credit Committee Meetings
Throughout 2025, the Credit Committee held a total of 35 meetings.




                                                                                                                                                                                                                     PT Bank QNB Indonesia Tbk Annual Report 2025
Page 86
168                                                                                                                                                                                                                                                         169
                     2025 Highlights                         Reports to Stakeholders                         Company Profile       Management Discussion and Analysis                Corporate Governance (GCG)                   Sustainability




Early Alert Committee                                                                                                          Early Alert Committee Meetings

Committee Charter and Legal Basis of Establishment                                                                             Throughout 2025, the Early Alert Committee held 12 meetings.

The Early Alert Committee is governed under the latest amendment to the BoD Decree No. 043/SK-Dir/VIII/2025 dated
                                                                                                                               Implementation of Duties in 2025
28 August 2025 . The Early Alert Committee is responsible for staying abreast with the updates of debtor condition
should there be an increase in credit risk, and for anticipating early indication for such situation.                          Throughout 2025, the Early Alert Committee carried out its duties and responsibilities by proactively monitoring the
                                                                                                                               development of debtor condition, particularly in the event of an increase in credit risk, aiming to anticipate and detect
Composition                                                                                                                    potential problem that could affect credit quality early.

The Early Alert Committee consists of members whose functions are relevant to the Bank’s credit risk management
activities. The table below lists the committee members:
                                                                                                                               Risk Management Committee
                                                                                                                               Legal Basis of Establishment
                     Membership Structure                                            Positions in the Bank
                                                                                                                               The Risk Management Committee was established based on the Board of Directors’ Decision Letter, most recently
                                                                                                                               amended through Decision Letter No. 038A/SK-DIR/VII/2025 dated 28 July 2025. The Committee is responsible for
 Chairman and Voting Member                                   Chief Credit Officer
                                                                                                                               supervising the risk management implementation within the Company.
 Alternate Chairman and Voting Member                         Head of Credit Reviewer
                                                                                                                               Risk Management Committee Charter
 Voting Member                                                President Director                                               Risk Management Committee Charter is set out in the PT Bank QNB Indonesia Tbk Term of Reference, which:
                                                                                                                               1. This Decree determines the duties and responsibilities of Risk Management Committee, in order to support the
 Voting Member                                                Corporate & Institution Banking Director                             effectiveness of the implementation of duties and responsibilities of Board of Directors as well as the implementation
                                                                                                                                   of Good Corporate Governance principles in every business activities of the Bank at all levels of the organisation.
 Non-Voting Member                                            Chief Risk Officer
                                                                                                                               2. Amendment of the membership structure of Risk Management Committee in accordance to the latest condition and
                                                                                                                                   organisation structure of the Bank
 Non-Voting Member                                            Portfolio Management Specialist1

 Non-Voting Member                                            Head of Corporate Banking                                        Composition
                                                                                                                               The Risk Management Committee is established by involving members who possess functions and competencies
 Non-Voting Member                                            Head of Credit Remedial                                          aligned with the requirements of risk management. The composition of the Committee members is presented in the
                                                                                                                               following table.
 Secretary                                                    Credit Reviewer


                                                                                                                                                   Membership Structure                                              Position in the Bank
                     Membership Structure                                            Positions in the Bank
                                                                                                                               Chairman and Member                                            Chief Risk Officer
 Chairman and Voting Member                                   Chief Credit Officer
                                                                                                                               Alternate Chairman and Member                                  President Director
 Alternate Chairman and Voting Member                         Head of Credit Reviewer
                                                                                                                               Member                                                         Compliance Director
 Voting Member                                                President Director
                                                                                                                               Member                                                         Corporate & Institutional Banking Director
 Voting Member                                                Corporate & Institution Banking Director
                                                                                                                               Member                                                         Finance Director
 Non-Voting Member                                            Chief Risk Officer
                                                                                                                               Member                                                         Chief Credit Officer
 Non-Voting Member                                            Portfolio Management Specialist1
                                                                                                                               Member                                                         Head of Retail Banking
 Non-Voting Member                                            Head of Corporate Banking
                                                                                                                               Secretary without Voting Member                                Market, Liquidity & Enterprise Risk Function
 Non-Voting Member                                            Head of Credit Remedial

 Secretary                                                    Credit Reviewer                                                  Duties and Responsibilities
                                                                                                                               The Risk Management Committee has the primary duty to monitor and manage risks within the Bank efficiently and
A1) Alternate Member Non Voting                                                                                                effectively, as well as to support the Bank’s strategy implementation.

Duties and Responsibilities
The Early Alert Committee is primarily tasked to conduct tightening supervision, enforce disciplinary action to relevant
debtors, decrease collectability, conduct restructuring and repackaging actions, move to Credit Remedial Team, and
conduct capital reserve.




                                                                                                                                                                                                                     PT Bank QNB Indonesia Tbk Annual Report 2025
Page 87
170                                                                                                                                                                                                                                                 171
                       2025 Highlights                     Reports to Stakeholders                     Company Profile          Management Discussion and Analysis             Corporate Governance (GCG)                 Sustainability




Risk Management Committee Meetings                                                                                         Purchasing Committee
Throughout 2025, the Risk Management Committee held a total of 6 (six) meetings, with attendance details and               Legal Basis of Establishment
agendas as follows:
                                                                                                                           The Purchasing Committee was established based on the Board of Directors’ Decision Letter, most recently amended
Attendance Recap of the Risk Management Committee Meetings in 2025
                                                                                                                           through Decision Letter No. 061/SK-DIR/XI/2025 dated 25 November 2025. The Purchasing Committee plays a key
                                                                                                                           role in supervising the entire procurement process, including vendor selection, purchase approvals, compliance, risk
      Risk Management Committee                   Number of Meetings                          Attendance                   assessment, and budget review. In addition, the Purchasing Committee also makes decisions and escalates matters in
                                                                                                                           accordance with the prevailing financial authority thresholds.
Chief Risk Officer                                         6                                       6
                                                                                                                           Composition
President Director                                         6                                       4                       The Purchasing Committee is established by involving members who hold functions related to purchasing activities. Its
                                                                                                                           membership composition is presented in the following table.
Compliance Director                                        6                                       6

Corporate & Institutional Banking                          6                                       5
                                                                                                                                                 Membership Structure                                        Position in the Bank
Director

Finance Director                                           6                                       6                        Chairman and Member                                         Finance Director

Chief Credit Officer                                       6                                       6                        Alternate Chairman and Member                               President Director

Head of Retail Banking                                     6                                       6                        Member                                                      Chief Risk Officer

                                                                                                                            Member                                                      Head of Budgeting, Planning & MIS
Implementation of Duties in 2025
The implementation of the Risk Management Committee’s duties in 2025 is described as follows:                               Member                                                      Strategy Execution Specialist
1. Development and Implementation of Risk Management Strategies
                                                                                                                            Secretary and Member                                        Head of Strategy Execution*
   The Risk Management Committee reviewed and ensured the implementation of the Bank’s risk management
   strategies and methodologies to remain aligned with the Bank’s business plan and risk profile. The Committee
   provided strategic guidance to Management in anticipating and responding to economic, industry, and market              *double-hatting as Head of General Services
   dynamics, including emerging risks arising from changes in the external environment.
2. Establishment of Risk Management Governance Framework                                                                   Duties and Responsibilities
   The Committee reviewed and approved the Bank’s risk management governance framework, including organisation             The Purchasing Committee’s primary duties are to review and approve vendors based on predetermined criteria, ensure
   structure, roles and responsibilities of relevant functions, and risk reporting mechanisms. The framework was           competitiveness, quality, and reliability, approve significant purchases in accordance with financial authority limits,
   periodically evaluated to ensure its effectiveness and alignment with regulatory requirements and best practices.       ensure that all procurement activities comply with Bank policies and applicable regulations; evaluate risks within the
3. Determination of Risk Management Direction, Strategies, and Programmes.                                                 procurement process and mitigate identified risks, as well as align procurement activities with the approved budget and
   In strengthening risk management implementation, the Committee set the overall direction and strategies for risk        financial plans.
   management and oversaw the execution of key risk management programmes across all business units. This included
   initiatives to enhance risk awareness and support sound and prudent business decision-making.
                                                                                                                           Purchasing Committee Meetings
4. Evaluation of Risk Profile and Capital Adequacy
   The Committee regularly evaluated the Bank’s overall risk profile covering all material risk types and reviewed         Throughout 2025, the Procurement Committee held a total of 4 (four) meetings.
   the adequacy of capital through capital adequacy analysis. The results of these evaluations formed the basis for
   recommendations to the Board of Directors regarding risk mitigation measures and capital strengthening initiative.
5. Establishment of Policies and Enhancement of Risk Management Processes                                                  New Products and Activities Committee
   The Committee reviewed and approved various risk management policies and ensured continuous improvement
                                                                                                                           New Products and Activities Committee Charter
   of risk management processes. Such enhancements were aimed at strengthening the effectiveness of risk
   identification, measurement, monitoring, and control.                                                                   The New Products and Activities Committee was established based on the Board of Director’s Decree, most recently
6. Determination of Risk Appetite and Risk Methodologies                                                                   amended through Director’s Decree No. 028/SK-Dir/V/2025 dated 9 May 2025. The New Products and Activities
   The Committee established and periodically reviewed the Bank’s Risk Appetite and risk management methodologies,         Committee plays a role in providing recommendations to the Board of Directors regarding the development of new
   taking into account capital capacity, business strategy, and prevailing economic conditions. The Risk Appetite serves   products and services, as well as conducting evaluations and enhancements of existing products, services, and activities
   as a clear guideline for Management in conducting the Bank’s business activities.                                       within the Bank
7. Monitoring of Loan and Portfolio Diversification
   The Committee monitored the diversification of the Bank’s loan and portfolio exposures by business segment,
   industry sector, and debtor. In addition, the Committee reviewed credit risk indicators and credit risk measurement
   methodologies to ensure the Bank’s asset quality remained sound.

In addition to the above duties, the Committee discussed other strategic issues related to the Bank’s risk management
activities, including regulatory compliance, and developments in risk exposures requiring special attention.




                                                                                                                                                                                                             PT Bank QNB Indonesia Tbk Annual Report 2025
Page 88
172                                                                                                                                                                                                                                                            173
                      2025 Highlights                              Reports to Stakeholders                          Company Profile       Management Discussion and Analysis              Corporate Governance (GCG)                 Sustainability




Composition                                                                                                                           2. Approved the following new activity:
The New Products and Activities Committee is established by involving members who hold functions related to                              a. Development of the Retail Government Bond system including registration of PPE-EBUS license to Financial
the development and launch of new products and activities within the Bank as well as risk monitoring function. The                          Services Authority (OJK)
composition of the Committee is presented in the following table:                                                                        b. Telephone transactions
                                                                                                                                         c. Partnership programme with Cloud ERP
                                                                                                                                         d. Additional features in QNB Indonesia Mobile Banking
                      Membership Structure                                                  Position in the Bank                         e. Implementation of API channel
                                                                                                                                      3. Approval of UCan closure.
 Chairman and Member                                                  President Director                                              4. Conducting periodic evaluations, both quarterly and annually on Bank’s product and activity performance.

 Alternate Chairman and Member                                        Chief Risk Officer
                                                                                                                                      Information Technology Steering Committee
 Member                                                               Compliance Director
                                                                                                                                      Legal Basis of Establishment
 Member                                                               Finance Director                                                The Information Technology Steering Committee was established based on the Board of Directors’ Decision Letter,
                                                                                                                                      most recently amended through Decision Letter No. 059/SK-DIR/XI/2025 dated 10 November 2025. The Information
 Member                                                               Corporate & Institution Banking Director                        Technology Steering Committee plays a role in supporting the Board of Directors by providing direction and
                                                                                                                                      recommendations related to the strategy, development, and implementation of information technology within the Bank.
 Member                                                               Head of Retail Banking

 Secretary and Member                                                 Head of Operational Risk
                                                                                                                                      Information Technology Steering Committee Charter
                                                                                                                                      This Decree stipulates the establishment and the duties and responsibilities of the Information Technology Steering
                                                                                                                                      Committee of PT Bank QNB Indonesia Tbk, including but not limited to adjusting the membership structure in
Duties and Responsibilities
                                                                                                                                      accordance with the latest organisation conditions, monitoring technology performance and system reliability, and
The New Products and Activities Committee’s primary duties are to monitor the development of new products, services,                  ensuring the implementation of ongoing IT projects in compliance with OJK Regulation No. 11/POJK.03/2022 concerning
and activities in line with the Bank’s strategy and business plan, to oversee their implementation and launch, and to                 the Implementation of Information Technology by Commercial Banks.
evaluate the benefits and risks of those products and activities to the Bank.
                                                                                                                                      Composition
New Products and Activities Committee Meetings
                                                                                                                                      The Information Technology Steering Committee comprises officials whose functions are related to IT activities within
Throughout 2025, the New Products and Activities Committee held a total of 12 meetings, with details on attendance                    the Bank. Its membership composition is presented in the following table.
presented as follows:

Attendance Recap of the New Products and Activities Committee Meetings in 2025                                                                            Membership Structure                                          Position in the Bank

 New Products and Activities Committee                  Number of Meetings                                Attendance                  Chairman and Member                                          President Director

 President Director                                              12                                            11                     Alternate Chairman and Member                                Finance Director

 Chief Risk Officer                                              12                                            11                     Secretary and Member                                         Head of IT

 Compliance Director                                             12                                            9                      Member                                                       Head of Treasury & Financial Institution

 Finance Director                                                12                                            11                     Member                                                       Chief Risk Officer

 Corporate & Institution Banking                                 12                                           10                      Member                                                       Head of Retail Banking
 Director*
                                                                                                                                      Permanent Invitee                                            Chief Auditor
 Head of Retail Banking                                          12                                           12
                                                                                                                                      Permanent Invitee                                            Head of IT Security & Risk Management
 Head of Operational Risk                                        12                                            11
                                                                                                                                      Permanent Invitee                                            IT Infrastructure Services Head
* Effective as New Products and Activities Committee member on 25 February 2025
                                                                                                                                      Permanent Invitee                                            Project Delivery Head

Implementation of Duties in 2025                                                                                                      Permanent Invitee                                            Act. IT Dev. & User Services Head
The realisation of the New Products and Activities Committee’s duties implementation in 2025 is as follows:
1. Approved the following new product                                                                                                 Permanent Invitee                                            IT Strategy & Governance Head
   a. Bancassurance product reference - Allianz Life Legacy Pro
   b. Bancassurance product reference - ALIA                                                                                          Permanent Invitee                                            IT Strategy & Governance Head
   c. Adding a new asset class to the existing Mutual Fund product - MANUFIX Class Income 1.




                                                                                                                                                                                                                        PT Bank QNB Indonesia Tbk Annual Report 2025
Page 89
174                                                                                                                                                                                                                                                 175
                     2025 Highlights                         Reports to Stakeholders                  Company Profile          Management Discussion and Analysis             Corporate Governance (GCG)                  Sustainability




Duties and Responsibilities                                                                                               Human Resources Committee
The IT Steering Committee is responsible for providing recommendations to the Board of Directors regarding IT             Legal Basis of Establishment
strategic and development plans, policies and procedures, cost-effectiveness, performance monitoring, issue resolution,
and adequacy and allocation of IT resources.                                                                              Legal Basis of Establishment
                                                                                                                          The Human Resources Committee was established based on the Board of Directors’ Decision Letter, most recently
                                                                                                                          amended through Decision Letter No. 013/SK-DIR/IV/2022 dated 7 April 2022. The Human Resources Committee is
Information Technology Steering Committee Meetings
                                                                                                                          responsible for monitoring the adequacy of human resources in supporting the business strategy implementation.
Throughout 2025, the Information Technology Steering Committee held a total of 4 meetings, with details of attendance
and agendas presented as follows:                                                                                         Human Resources Committee Charter

Attendance Recap of the Information Technology Steering Committee Meetings in 2025
                                                                                                                          1. Financial Services Authority Regulation No. 55/POJK.03/2016 dated 7 December 2016 regarding the Implementation
                                                                                                                             of Corporate Governance for Commercial Banks.
      Information Technology Steering                                                                                     2. Circular Letter of Financial Services Authority No.13/SEOJK/2017 dated 17 March 2017 regarding the Implementation
                                                   Number of Meetings                         Attendance                     of Good Corporate Governance for Commercial Banks.
                Committee

President Director                                          4                                     4                       Composition
                                                                                                                          The Human Resources Steering Committee consists of officials whose roles are related to HR activities within the Bank.
Finance Director                                            3                                     3                       Its membership composition is presented in the following table.

Head of IT                                                  4                                     4
                                                                                                                                             Membership Structure                                            Position in the Bank
Treasury & Financial Institution Director                   4                                     4

Chief Risk Officer                                          3                                     3                        Chairman and Member                                        President Director

Head of Retail Banking                                      3                                     3                        Alternate Chairman and Member                              Head of Human Resources

Chief Auditor                                               4                                     4                        Member                                                     Compliance Director

Head of IT Security & Risk Management                       4                                     4                        Member                                                     Finance Director

Digital Solutions Head                                      4                                     4                        Member                                                     Corporate & Institutional Banking Director

IT Infrastructure Services Head                             4                                     4                        Member                                                     Chief Risk Officer

Project Delivery Head                                       4                                     4                        Member                                                     Chief Credit Officer

IT Dev. & User Services Head                                4                                     4                        Member                                                     Head of Retail Banking

IT Strategy & Governance Head                               4                                     4                        Secretary/Non-Member                                       HRBP & Industrial Relation Head


Implementation of Duties in 2025
                                                                                                                          Duties and Responsibilities
The realisation of the New Products and Activities Committee’s duties implementation in 2025 is as follows:
1. The Infrastructure Service Head has onboard.                                                                           The Human Resources Committee has the primary responsibility to establish strategic HR plans, ensure alignment
2. 100% CAPEX utilisation by the end of December.                                                                         between HR projects and the strategic HR plan as well as individual project plans, ensure training and development
3. IT Governance is being strengthened by completing all 29 contracts stated as RMA closing.                              programmes meet the Bank’s needs, minimise potential HR-related risks, monitor performance appraisal processes and
4. A total of 16 out of 18 IT projects scheduled for 2025 have been completed on time.                                    enhance HR performance, and resolve various HR-related issues.
5. Procurement and bidding activities for 2026 initiatives have been initiated.
6. DWH development efforts have transitioned into Data Quality initiatives
7. Upgrade OPICS from version 4.7 to 4.12 while assessing CAPEX savings and resource capacity across divisions.
8. Equation upgrade will proceed after iSeries refreshment project completed and bidding process with commit early in
    the 2026.
9. The trend for vulnerabilities for workstations & Server is decreasing.
10. A tracking system has been successfully created to monitor IT Regulatory report for compliancy
11. Implementation for Exchange Online migration
12. Successful DR exercise in 2 batches
13. Update IT Policy and IT procedures with no overdue




                                                                                                                                                                                                             PT Bank QNB Indonesia Tbk Annual Report 2025
Page 90
176                                                                                                                                                                                                                                                   177
                       2025 Highlights                     Reports to Stakeholders                     Company Profile         Management Discussion and Analysis               Corporate Governance (GCG)                  Sustainability




Human Resources Committee Meetings                                                                                         Composition
Throughout 2025, the Human Resources Committee held a total of 4 (four) meetings, with details of attendance and           The Fraud Oversight Committee is established with members who hold functions related to fraud risk oversight,
agendas presented as follows:                                                                                              including anti-bribery and anti-corruption aspects. The committee’s membership structure is presented in the
                                                                                                                           table below:
Attendance Recap of the Human Resources Committee Meetings in 2025

      Human Resources Committee                   Number of Meetings                           Attendance                                       Membership Structure                                            Position in the Bank

President Director                                         4                                       4                       Chairman and Member                                            President Director

Head of Human Resources                                    4                                       4                       Alternate Chairman and Member                                  Compliance Director

Compliance Director                                        4                                       4                       Member                                                         Head of Human Resources

Finance Director                                           4                                       4                       Member                                                         Chief Risk Officer

Corporate & Institutional Banking                          4                                       4                       Secretary and Member                                           Head of Financial Crime Compliance
Director
                                                                                                                           Observer                                                       Vice President Fraud Investigations and Monitoring
Chief Risk Officer                                         4                                       -                                                                                      Vice President Anti-Fraud Assurance & Strategy

Chief Credit Officer                                       4                                       -
                                                                                                                           Duties and Responsibilities
Head of Retail Banking                                     4                                       -                       The Fraud Oversight Committee’s primary responsibility is to oversee and provide guidance on the Bank’s fraud
                                                                                                                           risk management and anti-bribery and anti-corruption programmes, including supervision of the whistleblowing
HRBP & Industrial Relation Head                            4                                       4                       reporting system.

Implementation of Duties in 2025                                                                                           Fraud Oversight Committee Meetings
Throughout 2025, the Human Resources Committee of QNB Indonesia performed its duties and responsibilities in               Throughout 2025, the Fraud Oversight Committee held a total of 4 (four) meetings, with details of attendance and
establishing and overseeing the implementation of HR strategic plan to ensure alignment with the Bank’s business           agendas presented as follows:
direction and strategy. The Committee ensured the alignment of various HR initiatives and projects with the HR strategic
plan and needs of each work unit.                                                                                          Attendance Recap of the Fraud Oversight Committee Meetings in 2025


The Committee also monitored the effectiveness of training and development programmes to ensure they met the                     Fraud Oversight Committee                    Number of Meetings                              Attendance
Bank’s competency needs while minimising potential HR-related risks. Furthermore, the Committee oversaw the
performance appraisal process to encourage continuous improvement in HR performance, and discussed and resolved            President Director                                         4                                            4
various strategic issues related to HR management throughout the reporting year.
                                                                                                                           Compliance Director                                        4                                            4

                                                                                                                           Head of Human Resources                                    4                                            4
Fraud Oversight Committee
Legal Basis of Establishment                                                                                               Chief Risk Officer                                         4                                            4

The Fraud Oversight Committee was established based on the Board of Directors’ Decision Letter, most recently              Head of Financial Crime Compliance                         4                                            4
amended through Decision Letter No. 060/SK-DIR/XI/2023 dated 9 November 2023. The Fraud Oversight
Committee’s role is to oversee the implementation of the fraud risk management as well as anti-bribery and                 Chief Financial Crime Compliance                           4                                            2
anti-corruption programmes.
                                                                                                                           Implementation of Duties in 2025
Fraud Oversight Committee Charter
                                                                                                                           The realisation of the Fraud Oversight Committee’s duties implementation in 2025 is as follows:
The Fraud Oversight Committee operates under a Charter (Fraud Oversight Committee Charter) which serves as the
                                                                                                                           1. Oversaw the implementation of the Bank’s anti-fraud strategy and fraud risk management
guideline for the execution of its duties and responsibilities.
                                                                                                                           2. Reviewed reports on fraud cases and fraud trends occurring within the Bank
                                                                                                                           3. Discussed the results of fraud investigations and monitored the implementation of corrective follow-up actions
                                                                                                                           4. Evaluated the adequacy of polices, procedures and internal controls related to fraud prevention and handling
                                                                                                                           5. Provided recommendation to management regarding the strengthening of controls and fraud risk mitigation




                                                                                                                                                                                                               PT Bank QNB Indonesia Tbk Annual Report 2025
Page 91
178                                                                                                                                                                                                                                                  179
                   2025 Highlights                           Reports to Stakeholders                       Company Profile        Management Discussion and Analysis               Corporate Governance (GCG)              Sustainability




Credit Policy Committee                                                                                                      Credit Policy Committee Meetings

Legal Basis of Establishment                                                                                                 Throughout 2025, the Credit Policy Committee held a total of 1 meetings, with details of attendance as follows:

The Credit Policy Committee was established based on the Board of Directors’ Decision Letter, most recently amended          Attendance Recap of the Credit Policy Committee Meetings in 2025
through Decision Letter No. 044/SK-Dir/VIII/2025 dated 28 August 2025.
                                                                                                                                     Credit Policy Committee                     Number of Meetings                          Attendance
Credit Policy Committee Charter
The Credit Policy Committee is an internal part of the Bank that is tasked with managing and evaluating credit policies      President Director                                           1                                       1
to ensure they are in accordance with prudential principles to support healthy credit provision, referring to prudential
principles and laws and regulations in the Indonesian banking sector, as well as OJK regulations regarding GCG.              Chief Credit Officer (CCO)                                   1                                       1

                                                                                                                             Head of Credit Policies & Governance                         1                                       1
Composition
The Credit Policy Committee is composed of officials whose roles are related to the formulation and development of           Corporate & Institutional Banking                            1                                       1
credit policies in the Bank. Its membership structure is presented in the table below.                                       Director

                                                                                                                              Chief Risk Officer                                          1                                       1
                   Membership Structure                                            Position in the Bank
                                                                                                                              Head of Legal                                               1                                       1
Chairman and Member                                           President Director
                                                                                                                              Chief Auditor                                               1                                       1
Alternate Chairman and Member                                 Chief Credit Officer (CCO)

Secretary and Member                                          Head of Credit Policies & Governance                           Implementation of Duties in 2025
                                                                                                                             In 2025, the Credit Policy Committee consistently carried out its roles and responsibilities in formulating and overseeing
Member                                                        Corporate & Institutional Banking Director                     credit policies, including ensuring their effective implementation. Furthermore, the Committee continuously monitored
                                                                                                                             the development of credit portfolio and credit approval process, as well as compliance with Legal Lending Limit (LLL) and
Member                                                        Chief Risk Officer                                             applicable laws and regulations.

Non-Voting Member                                             Head of Legal

Non-Voting Member                                             Chief Auditor                                                  Operational Risk Committee
                                                                                                                             Operational Risk Committee Charter
Invitee (Non-Voting)                                          Head of Regulatory Compliance
                                                                                                                             The Operational Risk Committee was established based on the Board of Directors’ Decree, most recently amended
Invitee (Non-Voting)                                          Head of Corporate Banking                                      through Decree No. 074/SK-DIR/XII/2025 dated 12 December 2025. The Operational Risk Committee is responsible for
                                                                                                                             supporting the supervision and monitoring of the operational risk management implementation within the Bank.
Duties and Responsibilities
The Credit Policy Committee’s primary duties are to provide advice to the Board of Directors in formulating the credit
policy and supervising its implementation, as well as to monitor the development of the credit portfolio, implementation
of credit approval, Legal Lending Limits of the Bank, and compliance with laws and regulations relating to credit.




                                                                                                                                                                                                              PT Bank QNB Indonesia Tbk Annual Report 2025
Page 92
180                                                                                                                                                                                                                                                                181
                        2025 Highlights                               Reports to Stakeholders                          Company Profile       Management Discussion and Analysis                Corporate Governance (GCG)                Sustainability




Composition                                                                                                                              Implementation of Duties in 2025
The Operational Risk Committee is composed of members who hold functions related to operational risk control and                         The realisation of the Operational Risk Committee’s duties implementation in 2025 is as follows:
monitoring within the Bank. Its membership structure is presented in the following table.                                                1. Operational Risk Committee acknowledged recommendation to implement Operational Risk Awareness KPI on self-
                                                                                                                                            identified RMA by Line 1 which include improvement initiative in minimising execution errors of key process.
                                                                                                                                         2. Monitor Risk Appetite related to operational risk and discuss if there are exceedance.
                      Membership Structure                                                      Position in the Bank                     3. Review operational risk profile and its exposure such as Key Risk Indicators (KRI), operational risk incident and losses
                                                                                                                                            including its root causes, customer complaints trend, and Internal Audit finding.
 Chairman and Member                                                     Chief Risk Officer                                              4. Approve corrective action plan to improve any control weaknesses and risks that are escalated to Operational
                                                                                                                                            Risk Committee.
 Alternate Chairman and Member                                           President Director                                              5. Discuss and deliberate on operational risk event mitigation.
                                                                                                                                         6. Review annual RCSA plan and its result, include review ongoing execution and outstanding actions resulting from
 Member                                                                  Compliance Director                                                risks deemed outside of appetite.
                                                                                                                                         7. Implement and Review Business Continuity Management and Crisis Management Policy and Framework.
 Member                                                                  Finance Director
                                                                                                                                         8. Review Operational Risk Committee Terms of Reference in July and December 2025.
 Member                                                                  Chief Credit Officer

 Member                                                                  Head of Retail Banking                                          AML CFT CPF Committee

 Member                                                                  Act. Head of Operation and Technology
                                                                                                                                         Legal Basis of Establishment
 Secretary and Member                                                    Head of Human Resources                                         The AML CFT CPF Committee was established based on the Board of Directors’ Decision Letter, most recently amended
                                                                                                                                         through Decision Letter No. 025/SK-DIR/III/2024 dated 27 March 2024. The committee is responsible for monitoring
 Secretary and Member                                                    Head of Operational Risk                                        the implementation of the AML CFT CPF and Sanctions Programmes.

Duties and Responsibilities                                                                                                              AML CFT CPF Committee Charter
The Operational Risk Committee’s primary duties are to propose strategies, frameworks, policies, procedures,                             The AML CFT CPF Committee performs its duties and responsibilities in accordance with the AML CFT CPF Committee
methodologies, and operational risk tools along with related amendments, to review the Bank’s operational risk profile                   Charter, which has been established by Management as a reference for the effective executive of the Committee’s roles,
and exposures to ensure adequacy, to approve corrective action plans to address existing control weaknesses and risks,                   authorities and governance in compliance with applicable regulations.
to ensure that risk control and monitoring processes are consistent with internal procedures, applicable regulations, and
best practices, to discuss mitigation measures for operational risk events, and to handle other related matters.                         Composition
                                                                                                                                         The AML CFT CPF Committee is composed of members who have roles related to the implementation of the AML CFT
Operational Risk Committee Meetings                                                                                                      CPF and Sanctions Programmes. Its membership structure is presented in the following table.
Throughout 2025, the Operational Risk Committee held a total of 4 (four) meetings, with details of attendance presented
as follows:
                                                                                                                                                            Membership Structure                                             Position in the Bank
Attendance Recap of the Operational Risk Committee Meetings in 2025
                                                                                                                                         Chairman and Member                                           President Director
       Operational Risk Committee                          Number of Meetings                                 Attendance
                                                                                                                                         Alternate Chairman and Member                                 Compliance Director
 Chief Risk Officer                                                  4                                             4
                                                                                                                                         Member                                                        Chief Risk Officer
 President Director                                                  4                                             3
                                                                                                                                         Member                                                        Corporate & Institutional Banking Director
 Compliance Director                                                 4                                             4
                                                                                                                                         Member                                                        Finance Director
 Finance Director                                                    4                                             4
                                                                                                                                         Member                                                        Head of Retail Banking
 Corporate & Institutional Banking                                   4                                             2
 Director*                                                                                                                               Member                                                        Head of Human Resources

 Chief Credit Officer                                                4                                             4                     Member                                                        Head of Information Technology

 Head of Retail Banking                                              4                                             4                     Member                                                        Head of Operations

 Head of Human Resources                                             4                                             4                     Member                                                        Head of Treasury & Financial Institutions

 Head of Operational Risk                                            4                                             4                     Secretary and Member                                          Head of FCC/AML Head


*Corporate & Institutional Banking Director effective date as ORC member dd. 3rd July 2025




                                                                                                                                                                                                                            PT Bank QNB Indonesia Tbk Annual Report 2025
Page 93
182                                                                                                                                                                                                                                                    183
                     2025 Highlights                          Reports to Stakeholders                    Company Profile          Management Discussion and Analysis              Corporate Governance (GCG)                 Sustainability




Duties and Responsibilities                                                                                                   5. Monitored the effectiveness of suspicious transaction reporting and the implementation of the transaction
The AML CFT CPF Committee’s primary duties are to monitor the implementation of the AML CFT CPF and Sanctions                    monitoring system.
Programmes (including CDD and Sanctions processes, control weaknesses, and other AML CFT CPF risks), by complying             6. Discussing the follow-up action on data updating target.
with the standards of the Bank and QNB Group, as well as applicable AML CFT CPF regulations/rules/laws to ensure              7. Update enhancement progress of the SmartAML system.
effective follow-up on material issues and financial crime risks that fall under the Committee’s attention.                   8. Informing the results of the Financial Integrity Rating (FIR) on Money Laundering and Terrorism
                                                                                                                                 Financing Assessment.
                                                                                                                              9. etc.
AML CFT CPF Committee Meetings
Throughout 2025, the AML CFT CPF Committee held a total of 4 (four) meetings, with details of attendance and agendas          UCan Product Committee
presented as follows:
                                                                                                                              Legal Basis of Establishment
Attendance Recap of the AML CFT CPF Committee Meetings in 2025                                                                The UCan Product Committee was established based on the Board of Directors’ Decision Letter, most recently amended
                                                                                                                              through Decision Letter No. 047 dated 21 December 2022. The Operational Risk Committee is responsible for providing
       Komite APU PPT PPPSPM                          Number of Meetings                        Attendance                    leadership, direction, and oversight across the planning and execution of products, programmes, services, and activities
                                                                                                                              of UCan digital loan to align with the vision and strategic direction of the Bank, while ensuring the implementation of
President Director                                           4                                       4                        good corporate governance principles in every business activity of the Bank at all levels of the organisation.

Compliance Director                                          4                                       4
                                                                                                                              UCan Product Committee Charter
Chief Risk Officer                                           4                                       4                        Committee charter with purpose of committee formation, legal foundation, structure, authorities and responsibilities, as
                                                                                                                              well as meeting governance and reporting is stipulated in Decree of Directors dated 21 December 2022.
Corporate & Institutional Banking                            4                                       2
Director                                                                                                                      Composition

Finance Director                                             4                                       4                        The UCan Product Committee is established by involving members who have functions related to the implementation of
                                                                                                                              UCan initiatives within the Bank. Its membership structure is presented in the table below.
Head of Retail Banking                                       4                                       3

Head of Human Resources                                      4                                       4                                            Membership Structure                                           Position in the Bank

Head of Information Technology                               4                                       3                        Chairman and Member                                          President Director

Head of Operations                                           4                                       2                        Alternate Chairman and Member                                Head of Retail Banking

Head of Treasury & Financial Institutions                    4                                       0                        Member                                                       Finance Director

Head of FCC/AML Head                                         4                                       4                        Member                                                       Head of Treasury & Financial Institution

                                                                                                                              Member                                                       Chief Risk Officer
Agendas of the AML CFT CPF Committee Meetings in 2025
                                                                                                                              Member                                                       Head of Strategy Execution

                                                                                                                              Member                                                       Head of Operational Risk
      No.                Date                                                  Agenda

                                                                                                                              Member                                                       Head of Budgeting, Planning, and MIS
       1       17 March 2025                AML CFT CPF Committee Meeting Q1
                                                                                                                              Member                                                       Head of Information Technology
      2        10 June 2025                 AML CFT CPF Committee Meeting Q2
                                                                                                                              Member                                                       Head of Credit Remedial
      3        11 November 2025             AML CFT CPF Committee Meeting Q3
                                                                                                                              Secretary and Member                                         Head of Retail Product Management
      4        19 December 2025             AML CFT CPF Committee Meeting Q3
                                                                                                                              Permanent Invitee                                            Compliance Director

Implementation of Duties in 2025                                                                                              Permanent Invitee                                            Chief Auditor
The realisation of the AML CFT CPF Committee’s duties implementation in 2025 is as follows:
1. Evaluated and oversaw the implementation of the AML CFT CPF Programme, including policies, procedures and                  Permanent Invitee                                            Head of Regulatory Compliance
   internal controls.
                                                                                                                              Permanent Invitee                                            Head of Operations
2. Reviewed and monitored reporting transaction trends, including developments in transaction volume and frequency,
   as a basis for understanding the level of ML, TF and PF risks encountered by the Bank in the context of risk mitigation.
                                                                                                                              Permanent Invitee                                            Retail Loan Collection Head
3. Provided strategic direction based on the results of the ML, TF and PF risk assessments.
4. Discussed and monitored follow-up actions on findings from internal audit, external audit and regulatory                   Non-Permanent Invitee                                        Head of Legal
   examinations related to the implementation of the AML CFT CPF Programme.


                                                                                                                                                                                                                PT Bank QNB Indonesia Tbk Annual Report 2025
Page 94
184                                                                                                                                                                                                                                                      185
                     2025 Highlights                       Reports to Stakeholders                         Company Profile       Management Discussion and Analysis                   Corporate Governance (GCG)               Sustainability




                                                                                                                             Implementation of Duties in 2025
                     Membership Structure                                           Position in the Bank
                                                                                                                             The realisation of the Ucan Product Committee’s duties implementation in 2025 is as follows:
                                                                                                                             1. Monitor and evaluate UCan product performance.
Non-Permanent Invitee                                          Head of E-Channels
                                                                                                                             2. Provide guidance on UCan product continuation aligned with the Bank’s strategy.
                                                                                                                             3. Provide considerations and decision on UCan product exit.
Non-Permanent Invitee                                          Head of IT Security & Risk Management


Duties and Responsibilities                                                                                                  Governance, Risk, and Compliance (GRC) Committee
The UCan Product Committee’s primary duties are to ensure good corporate governance in the implementation of
                                                                                                                             Legal Basis of Establishment
UCan product processes related to new products, programmes, services, and activities, as well as to align them with the
Bank’s vision, mission, and business plan. The UCan Product Committee is also responsible for supervising, evaluating,       The Governance, Risk, and Compliance (GRC) Committee was established based on the Board of Directors’ Decision
approving, and ensuring the availability of procedures related to the implementation of products, programmes, services,      Letter, most recently amended through Decision Letter No. 047/SK-DIR/VIII/2023 dated 21 August 2023. The
and activities. Lastly, the UCan Product Committee evaluates UCan products, programmes, services, and activities in          Committee is responsible for overseeing risk management, good corporate governance, and compliance.
relation to their benefits and risks to the Bank.
                                                                                                                             Governance, Risk and Compliance (GRC) Committee Charter
UCan Product Committee Meetings                                                                                              The work guidelines of the Governance, Risk and Compliance Committee (GRC) are outlined in the Decree of Directors’
Throughout 2025, the UCan Product Committee held a total of 7 (seven) meetings, with details of attendance and               No. 047/SK-DIR/VIII/2023 dated August 21, 2023.
agendas presented as follows:
                                                                                                                             Composition
Attendance Recap of the UCan Product Committee Meetings in 2025                                                              The GRC Committee comprises parties who perform functions related to the implementation of good corporate
                                                                                                                             governance principles across all levels of the Bank’s organisation. The Committee’s membership structure is presented in
       UCan Product Committee                    Number of Meetings                              Attendance                  the table below.

President Director                                         7                                           4
                                                                                                                                   Membership Structure                                               Position in the Bank
Head of Retail Banking                                     7                                           5
                                                                                                                             Chairman                            Compliance Director
Finance Director                                           7                                           6
                                                                                                                             Vice Chairman                       Chief Risk Officer
change to Head of Treasury & Financial                   N/A                                         N/A
Institution
                                                                                                                             Secretary and Member                Head of Regulatory Compliance
Chief Risk Officer                                         7                                           6
                                                                                                                             Permanent Member                    •   Chief Auditor
                                                                                                                                                                 •   Head of Operation Risk
Head of Strategy Execution                                 7                                           5
                                                                                                                                                                 •   Head of Financial Crime Compliance*)
                                                                                                                                                                 •   Head of Corporate Secretary*)
Head of Operational Risk                                   7                                           5
                                                                                                                                                                 *) Permanent member for relevant regulation
Head of Budgeting, Planning, and MIS                       7                                           6
                                                                                                                             Non-Permanent Member                All Division Heads/Parties invited/appointed to attend the meeting based on the GRC
Head of Information Technology                             7                                           6
                                                                                                                                                                 Committee agenda.
Head of Credit Remedial                                    7                                           6
                                                                                                                             Duties and Responsibilities
Head of Retail Product Management                          7                                           7
                                                                                                                             The GRC Committee is responsible for disseminating information to all relevant stakeholders regarding the fulfilment
Compliance Director                                        7                                           5
                                                                                                                             of regulatory requirements. The Committee also provides recommendations to all impacted divisions or work units to
                                                                                                                             ensure timely follow-up on regulatory requirements identified from newly issued regulations and/or amendments, such
Chief Auditor                                              7                                           4                     as ensuring that the Bank’s policies, guidelines, system, dan procedures are aligned with applicable regulatory provisions
                                                                                                                             dan laws, as well as ensuring compliance with all regulatory obligations.
Head of Regulatory Compliance                              7                                           7
                                                                                                                             Governance, Risk and Compliance (GRC) Committee Meetings
Head of Operations                                         7                                           6
                                                                                                                             During 2025, GRC Committee meetings were held 3 (three) times with the following details of attendance and agenda:
Retail Loan Collection Head                                7                                           7

Head of Legal                                              7                                           2

Head of E-Channels                                         7                                           1

Head of IT Security & Risk Management                      7                                           4




                                                                                                                                                                                                                  PT Bank QNB Indonesia Tbk Annual Report 2025
Page 95
186                                                                                                                                                                                                                                                      187
                     2025 Highlights                         Reports to Stakeholders                       Company Profile       Management Discussion and Analysis              Corporate Governance (GCG)                    Sustainability




Attendance Recap of the GRC Committee Meetings in 2025
                                                                                                                                                  Membership Structure                                            Position in the Bank
            GRC Committee                          Number of Meetings                            Attendance
                                                                                                                             Chairman                                                      President Director
Compliance Director                                          3                                        3
                                                                                                                             Alternate Chairman and Member                                 Compliance Director
Chief Risk Officer                                           3                                        3
                                                                                                                             Secretary and Member (with voting right)                      Head of Corporate Secretary
Head of Regulatory Compliance                                3                                        3
                                                                                                                             Member (with voting right)                                    Corporate and Institutional Banking Director
Chief Auditor                                                3                                        3
                                                                                                                             Member (with voting right)                                    Finance Director
Head of Financial Crime Compliance                           3                                         1
                                                                                                                             Member (with voting right)                                    Chief Risk Officer
Head of Corporate Secretary                                  3                                        2
                                                                                                                             Member (with voting right)                                    Chief Credit Officer
Head of Operation Risk                                       3                                        3
                                                                                                                             Member (with voting right)                                    Head of Strategy Execution

                                                                                                                             Member (with voting right)                                    Head of Budgeting, Planning & MIS
Agendas of the GRC Committee Meetings in 2025

 No.            Date                                                     Agenda                                              Duties and Responsibilities
                                                                                                                             The ESG Committee’s duties and responsibilities are (1) To ensure that ESG strategies and policies are formulated,
   1     12 November 2025       Discussion of 6 (six) new regulations from Bank Indonesia as follows:                        implemented, and periodically updated; (2) To review and provide recommendations on the RAKB and Sustainability
                                1. PADG No. 18 of 2025 on Criteria, Requirements, and Use of Securities in Monetary
                                                                                                                             Report prior to submission to Board of Directors for approval; (3) To monitor divisional ESG KPIs, including Net Zero
                                   Operations
                                                                                                                             targets, climate risk management, also Social and Environmental Responsibilities (CSR) implementation; (4) To oversee
                                2. PADG No. 19 of 2025 on Infrastructure and Participation in Monetary Operations
                                3. PADG No. 20 of 2025 on Rupiah Monetary Operations
                                                                                                                             ESG risk governance, including Third Party Management, conflict of interest handling, and compliance with applicable
                                4. PADG No. 21 of 2025 on Foreign Currency Monetary Operations                               regulations; (5) To support the Board of Directors in ESG-related communication and engagement with regulators,
                                5. PADG No. 22 of 2025 on Amendments to PADG No. 21 of 2023 on Implementing                  investors, and other stakeholders; (6) To ensure regular ESG training and capacity building programmes for Board of
                                   Regulations for Short-Term Liquidity Loans for Conventional Commercial Banks              Commissioners, Board of Directors and employees.
                                6. PADG No. 23 of 2025 on Macroprudential Intermediation Ratio and Macroprudential
                                   Liquidity Buffer for Conventional Commercial Banks, Sharia Commercial Banks, and Sharia   Environmental, Social and Governance (ESG) Committee Meetings
                                   Business Units (PADG RIM PLM)
                                                                                                                             Throughout 2025, the ESG Committee held a total of 2 (two) meetings since its formation in September 2025, with
  2       8 December 2025       Discussion of PADG No. 24 of 2025 on the Implementation of Real-Time Fund Settlement         details of attendance and agendas presented as follows:
                                through Bank Indonesia-Real Time Gross Settlement System
                                                                                                                             Attendance Recap of the ESG Committee Meetings in 2025
  3      17 December 2025       Discussion of SEOJK No. 26 of 2025 on Internal Liquidity Adequacy Assessment Process
                                (ILAAP) for Commercial Banks                                                                             ESG Committee                        Number of Meetings                                 Attendance


Implementation of Duties in 2025                                                                                             President Director                                        2                                              2

The realisation of the Implementation of the GRC Committee’s duties in 2025 is as follows                                    Compliance Director                                       2                                              2
1. Conducted discussion on new and updated regulations that have an impact to the Bank.
2. Provided recommendations to the affected divisions/work units to ensure the follow-up and fulfilment of regulatory        Corporate and Institutional Banking                       2                                              2
   requirements and obligations arising from new or amended regulations.                                                     Director
3. Conducted discussion to determine the division/work unit responsible for new activities required by
   regulatory requirements.                                                                                                  Finance Director                                          2                                              2

                                                                                                                             Head of Corporate Secretary                               2                                              2
Environmental, Social and Governance (ESG) Committee
Legal Basis of Establishment                                                                                                 Chief Risk Officer                                        2                                              2

The Environmental, Social and Governance (ESG) Committee was established based on the Board of Directors’                    Chief Credit Officer                                      2                                              1
Decision Letter No. 050/SK-DIR/IX/2025 dated 15 September 2025. The Committee is to assist Board of Directors
in formulating, implementing and monitoring the Bank’s sustainability and ESG strategy in alignment with the                 Head of Strategy Execution                                2                                              2
applicable regulations.
                                                                                                                             Head of Budgeting, Planning & MIS                         2                                              2
Composition
The ESG Committee comprises parties who perform functions related to the implementation of good corporate
governance principles across all levels of the Bank’s organisation. The Committee’s membership structure is presented in



                                                                                                                                                                                                                  PT Bank QNB Indonesia Tbk Annual Report 2025
Page 96
188                                                                                                                                                                                                                                                        189
                   2025 Highlights                          Reports to Stakeholders                         Company Profile       Management Discussion and Analysis                  Corporate Governance (GCG)                  Sustainability




Implementation of Duties in 2025
                                                                                                                                                   Membership Structure                                             Position in the Bank
The realisation of the ESG Committee’s duties implementation in 2025 since the establishment in September 2025 is
as follows:
                                                                                                                              Permanent Member                                                 Head of Operational Risk
1. ESG Framework
2. TKBI v2 2025 Reporting in October 2025
                                                                                                                              Permanent Member                                                 Head of Operations
3. RAKB 2026-2028
                                                                                                                              Permanent Member                                                 Head of Regulatory Compliance

Artificial Intelligence (AI) Governance Committee                                                                             QNB Subject Mater Expert                                         Group Information & Technology Division (GITD)
Legal Basis of Establishment
                                                                                                                              QNB Subject Mater Expert                                         Group Information Security (GIS)
The Artificial Intelligence (AI) Governance Committee was established based on the Board of Directors’ Decision Letter,
most recently amended through Decision Letter No. 032A/SK-DIR/VI/2025 dated 24 June 2025. The Committee is
                                                                                                                              Duties and Responsibilities
responsible for overseeing risk management, good corporate governance, and compliance.
                                                                                                                              The AI Governance Committee’s primary duties are to disseminate information to all Bank employees on matters related
                                                                                                                              to ESG, to request updates and enhancements to the Bank’s policies, regulations, systems, and procedures to ensure
Artificial Intelligence (AI) Governance Committee Charter                                                                     alignment with OJK regulations and applicable laws and regulations; as well as to determine the divisions and units
1.   Establish Ethical and Responsible Use of AI                                                                              affected by the issuance of new regulations and/or amendments, including the fulfilment of reporting obligations as well
2.   Ensure Compliance with Laws and Regulations                                                                              as the updating and improvement of existing policies, regulations, systems, and procedures within the Bank.
3.   Risk Management and Mitigation
4.   Promote Transparency and Accountability                                                                                  Artificial Intelligence (AI) Governance Committee Meetings
5.   Support AI Policy and Strategy                                                                                           Throughout 2025, the AI Governance Committee’s held a total of one meeting, with details of attendance and agendas
6.   Educate and Guide Stakeholders                                                                                           presented as follows:

Composition                                                                                                                   Attendance Recap of the AI Committee Meetings in 2025
The AI Governance comprises parties who perform functions related to the implementation of good corporate
governance principles across all levels of the Bank’s organisation. The Committee’s membership structure is presented in            AI Governance Committee’s                   Number of Meetings                                 Attendance
the table below.
                                                                                                                              Compliance Director                                          1                                             1

                   Membership Structure                                              Position in the Bank                     Chief Risk Officer                                           1                                             1

                                                                                                                              Head of Regulatory Compliance                                1                                             1
 Chairman and Member                                         President Director

                                                                                                                              Compliance Advisory Head                                     1                                             1
 Alternate Chairman & Member                                 Compliance Director

                                                                                                                              Chief Auditor                                                1                                             1
 Secretary and Member                                        Head of IT

                                                                                                                              Head of Financial Crime Compliance                           1                                             1
 Member                                                      Chief Risk Officer

                                                                                                                              Head of Corporate Secretary                                  1                                             1
 Member                                                      Corporate & Institutional Banking Director

                                                                                                                              Head of Operational Risk                                     1                                             1
 Member                                                      Finance Director

 Member                                                      Chief Credit Officer                                             Implementation of Duties in 2025

 Member                                                      Head of Human Resources                                          The realisation of the AI Governance Committee’s duties implementation in 2025 is as follows:
                                                                                                                              1. Establish the strategic framework of AI, prioritising initiatives with transformative potential.
 Member                                                      Head of Retail Banking                                           2. Review AI strategy annually and ensure it is consistent with the Bank’s strategic objective.
                                                                                                                              3. Monitor the performance implementation of AI across the Bank.
 Member                                                      Head of IT Security & Risk Management                            4. Establish the priorities and allocation of AI budget.
                                                                                                                              5. Ensure adherence to regulatory, ethical, and data protection in relation to implementation of AI within the Bank.
 Permanent Member                                            Chief Auditor                                                    6. Ensure that needed resources and supporting infrastructure are available to implement the AI initiatives, as well as
                                                                                                                                 regulatory compliance requirements.
 Permanent Member                                            Head of IT & IS Audit                                            7. Act as final escalation committee for acceptance or rejection of risks related to AI matters within the Bank.

 Permanent Member                                            Head of Legal




                                                                                                                                                                                                                    PT Bank QNB Indonesia Tbk Annual Report 2025
Page 97
190                                                                                                                                                                                                                                                     191
                   2025 Highlights                            Reports to Stakeholders                   Company Profile            Management Discussion and Analysis               Corporate Governance (GCG)                Sustainability




Information Security Committee                                     budget allocations, ensures the availability of             Duties and Responsibilities
                                                                   supporting resources and infrastructure, and serves         The Information Security Committee provides strategic direction, oversight, and governance for information security
Legal Basis of Establishment                                       as the final decision-maker regarding cyber risks and       by setting strategy, monitoring performance, allocating resources, ensuring regulatory compliance, and making final
The Information Security Committee was established                 Information Security.                                       decisions on cybersecurity and information security risk acceptance.
based on the Board of Directors’ Decision Letter, most
recently amended through Decision Letter 002/SK-                   Composition                                                 Information Security Committee Meetings
Dir/I/2025 dated 6 Januari 2025. The Committee
                                                                   Information Security Committee comprises parties who        Throughout 2025, the Information Security Committee held a total of four meetings, with details of attendance and
is responsible to set strategic direction, oversees
                                                                   perform functions related to the implementation of          agendas presented as follows:
implementation, allocates resources, and makes final
                                                                   good corporate governance principles across all levels of
decisions on information security and cyber risks.
                                                                   the Bank’s organisation. The Committee’s membership
                                                                   structure is presented in the table below.                                       ESG Committee                           Number of Meetings                     Attendance
Information Security Committee Charter
The Information Security Committee’s operating                                                                                 Presiden Direktur                                                     4                                  4
guidelines are based on Decision Letter No. 002/SK-
Dir/I/2025 dated 6 January 2025. The committee’s                                                                               Chief Risk Officer                                                    4                                  4
functions include establishing and evaluating the
strategic framework for Information Security to                                                                                Compliance Director                                                   4                                  4
align with the Bank’s objectives, while continuously
monitoring its implementation and performance.                                                                                 Finance Director                                                      4                                  4
The committee also determines priorities and
                                                                                                                               Group Information Security (GIS)                                      4                                  3

                                                                                                                               Head of Operations & IT                                               4                                  4

                                                                                                                               Head of IT Security & Risk Management                                 4                                  4
        Membership Structure                                             Position in the Bank

                                                                                                                               Implementation of Duties in 2025
Chairman and Member                   Chief Risk Officer (CRO)
                                                                                                                               The realisation of the Information Security Committee’s duties implementation in 2025 is as follows:
Alternate Chairman & Member           President Director                                                                       1. Review Information Security strategy to ensure it is consistent with the Bank’s strategic objective.
                                                                                                                               2. Monitor the performance implementation of Information Security across the Bank.
Secretary and Member                  IT Security & Risk Analyst                                                               3. Establish the priorities and allocation of Information Security.
                                                                                                                               4. Ensure adherence to regulatory, ethical, and data protection in relation to implementation of Information Security
Member                                Compliance Director                                                                         within the Bank.
                                                                                                                               5. Ensure that needed resources and supporting infrastructure are available to implement the Information Security
Member                                Finance Director
                                                                                                                                  initiatives, as well as regulatory compliance requirements.
                                                                                                                               6. Act as final escalation committee for acceptance or rejection of risks related to Information Security matters within
Member                                Head of Operations & IT
                                                                                                                                  the Bank.
Member                                Head of IT Security & Risk Management

Permanent Member                      Chief Auditor

Permanent Member                      Head of IT & IS Audit

Permanent Member                      Head of Operational Risk

Permanent Member                      Head of Regulatory Compliance

QNB Subject Mater Expert              Group Information Security (GIS)




                                                                                                                                                                                                                 PT Bank QNB Indonesia Tbk Annual Report 2025
Page 98
192                                                                                                                                                                                                                                                   193
                    2025 Highlights                              Reports to Stakeholders                    Company Profile        Management Discussion and Analysis                Corporate Governance (GCG)              Sustainability




Corporate secretary                                                                                                           Internal audit
Legal Basis                                                                                                                   The Internal Audit function has been established by the Bank to
The Corporate Secretary performs its functions under the supervision of the Compliance Director and reports directly to
the Board of Directors. The Corporate Secretary is appointed and dismissed by the Board of Directors’ Decision, with the
                                                                                                                              provide independent & objective assurance, on the adequacy
legal basis for the appointment stipulated in the Board of Directors’ Decision Letter No. 005/SK-HMSD-HRBP/V/2018             and effectiveness of governance, risk management and internal
dated 11 May 2018.
                                                                                                                              control processes implemented by management as well as advisory
Profile                                                                                                                       services to add value and improve the Bank’s operations. The
                                                        Indah Mathilda                                                        division accomplishes its roles by staying independent from day-to-
                                                  Head of Corporate Secretary
                                                                                                                              day lime management responsibility which is critical to the ability to
The profile of the Head of Corporate Secretary, Indah Mathilda, is presented in the Company Profile chapter under the         deliver objective audit coverage.
Executive Management Profile section of this Annual Report.


Corporate Secretary’s Competence Development
                                                                                                                              Internal Audit Division is established to examine that
The training and competence development activities for the Corporate Secretary throughout 2025 are presented in the           the Bank’s operations in all lines of business, supporting       The principal mission of Internal Audit is to enhance and
following table                                                                                                               units and branches are conducted according to the                protect organisational value by providing risk-based
                                                                                                                              highest standards; to provide independent, objective             and objective assurance, advice, insight and foresight
       Date                                     Training & Seminar                                Type           Organiser
                                                                                                                              assurance and advisory activities designed to add value          to strengthen the Bank’s ability to create, protect and
                                                                                                                              and improve the Bank’s operations; to advise the Bank on         sustain our organisational values and assist Executive
 13 February 2025   Personal Data Protection (PDP) E-Learning 2025                             E-Learning         Internal    best practices and areas for necessary improvements and          Management to achieve its objectives.
                                                                                                                              assurance to key regulatory authorities.
   19 May 2025      E-Learning Business Continuity Coordinators Awareness 2025                 E-Learning         Internal

   30 April 2025    E-Learning Sanction Awareness 2025                                         E-Learning         Internal
                                                                                                                              The Internal Audit Division is free from interference by         Structure & Position
                                                                                                                              any element in the Bank including on matters of audit
                                                                                                                                                                                               As of 31 December 2025, the Internal Audit Division had
   4 June 2025      Artificial Intelligence (AI) Training 2025                                  Workshop          External    selection, scope, frequency and internal report contents
                                                                                                                                                                                               9 employees. The Internal Audit Division’s experiences,
                                                                                                                              and acts professionally and ethically in executing its
                                                                                                                                                                                               current and ongoing professional development provide
   17 June 2025     Risk Management Certification Briefing & Test Level 4 - June Batch          Workshop          External    role, by complying with the mandatory elements of the
                                                                                                                                                                                               us with the required competencies to tackle the growing
                                                                                                                              regulatory requirements, International Professional
                                                                                                                                                                                               sophistication and challenges of the banking industry and
   24 June 2025     E-Learning QNB Sustainable Finance 2025                                    E-Learning         Internal    Practices Framework (IPPF) and Bank policies and
                                                                                                                                                                                               stay abreast of the impact of emerging developments
                                                                                                                              procedures and adopting standard guidelines and best
   26 July 2025     AML, CTF, and CPF E-Learning 2025 New Module                               E-Learning         Internal                                                                     including digitalisation and increase in technology
                                                                                                                              practices issued by professional bodies such as the Basel
                                                                                                                                                                                               adoption by the financial industry. It is critical that the
                                                                                                                              Committee, IIA, ISACA, COSO, etc.
   12 September     Refreshment on NPAP (New Product Approval Policy) Template                  Workshop          External                                                                     members possesses the necessary level of understanding
       2025                                                                                                                                                                                    and depth to be an equal counterpart of our respective
                                                                                                                              The Internal Audit Division is headed by the Chief Auditor,
                                                                                                                                                                                               businesses. The certifications held by these employees
                                                                                                                              who reports directly to the President Director and/or the
  23 September      E-Learning Anti-Fraud Management & Investigation 2025 New Module           E-Learning         Internal                                                                     include Risk Management Certification, Certified
      2025                                                                                                                    BoC through the Audit Committee. This responsibility
                                                                                                                                                                                               Information Systems Auditor, Certified Information
                                                                                                                              includes the reporting of internal audit results on
                                                                                                                                                                                               Security Manager, Certified Ethical Hacker, and Qualified
   11 December      Forum ESG: Green Economic Outlook 2026                                      Workshop          External    the adequacy and effectiveness of the governance
                                                                                                                                                                                               Internal Auditor.
       2025                                                                                                                   framework, internal control system and risk management
                                                                                                                              process of the Bank. Audit reports are submitted to
                                                                                                                              the BoC, Audit Committee, President Director, and
Implementation of Duties in 2025                                                                                              Compliance Director. Internal Audit can submit reports
Throughout 2025, the Corporate Secretary carried out the following duties and responsibilities:                               directly to the BoC if communication with the President
1. Effective and transparent implementation of the liaison function between the Bank and regulators, shareholders,            Director is deemed inappropriate.
   investors, the media, and other stakeholders, including fulfilling reporting and information disclosure obligations in
   accordance with applicable regulations.                                                                                    The appointment and dismissal of the Chief Auditor are
2. Organising and coordinating meetings of the Board of Directors and the Board of Commissioners, including providing         carried out by the President Director with the approval
   meeting materials, preparing meeting minutes, monitoring follow-up to meeting decisions, and managing meeting              of the Board of Commissioners by considering the Audit
   documentation and administration in an orderly manner.                                                                     Committee recommendations and reported to OJK
3. Providing and delivering accurate, complete, and timely information to the Board of Directors and the Board of
   Commissioners to support effective decision-making.
4. Managing and maintaining company documentation, including corporate documents, regulatory reports, and
   corporate governance.
5. Carrying out other duties and responsibilities assigned by the Board of Directors and/or the Board of Commissioners
   in accordance with laws and regulations and the Bank’s operational needs.




                                                                                                                                                                                                               PT Bank QNB Indonesia Tbk Annual Report 2025
Page 99
194                                                                                                                                                                                                                                                  195
                        2025 Highlights                         Reports to Stakeholders                 Company Profile            Management Discussion and Analysis               Corporate Governance (GCG)             Sustainability




Internal Audit Organisational Structure                                                                                        Chief Auditor’s Responsibilities and                           Internal Audit Qualification and Certification
                                                                                                                               Accountability                                                 Internal auditors in the Internal Audit Division shall meet
                                                     President Director (CEO)
                                                                                                         Audit Committee       The Chief Auditor has the responsibility to:                   the following requirements:
                                                           Nick Groene
                                                                                                                               1. Ensure the implementation of Internal Audit                 1. Have integrity and professional conduct, be
                                                                                                                                  functions in accordance with regulatory                         independent, honest, and objective in performing
                                                      Chief Auditor (Acting)                                                      requirements, Internal Audit Professional Standards,            the duties.
                                                          Lius Pritantyo                                                          and Internal Audit Code of Ethics;                          2. Have the knowledge and experience of the technical
                                                                                                                               2. Responsible for hiring human resources with                     audit, knowledge of management principles,
                                                                                                                                  appropriate qualifications and skills to ensure                 processes, and activities of the auditee, and other
                              Governance, Treasury                                                         Follow Up,             that Internal Audit team possesses the required                 disciplines relevant to the field of assignment.
  Retail & Operations                                                           Corporate Banking &
      Audit Head
                             and Support Functions      IT & IS Audit Head
                                                                                 Credit Audit Head
                                                                                                        Methodology & QA          competences to examine all processes and                    3. Have knowledge of the laws and regulations in the
                                  Audit Head                                                                 Head                                                                                 banking and capital markets, as well as other related
       Ko Sutan*
                                                          Lius Pritantyo*
                                                                                      Rianto*
                                                                                                                                  functions within the Bank. Moreover, Internal Audit
                                    Rianto*                                                                  Ko Sutan*            shall promote continuous professional development               laws and regulations.
                                                                                                                                  to ensure that skills and knowledge are maintained          4. Have the ability to interact and communicate both
                                                                                                                                  to a high standard, and support globally recognised             verbally and in writing effectively.
                              Governance, Treasury                                                                                professional certifications and qualifications              5. Comply with the Code of Ethics for Internal Audit.
  Retail & Operations                                                           Corporate Banking &
        Auditor
                             and Support Functions        IT & IS Auditor
                                                                                   Credit Auditor                                 so that Internal Audit team members possess                 6. Adhere to the professional standards released by the
                                    Auditor                                                                                                                                                       Institute of Internal Auditors (IIA).
       M. Harianto
                                                                Lily
                                                                                   Ni Nyoman S
                                                                                                                                  the skills and other competencies to perform
        David HP
                                 Rini Pratiwindi             Indrajaya
                                                                                      Vacant                                      their responsibilities;                                     7. Maintain the confidentiality of company information
                                     Vacant
                                                                                                                               3. Compile and review the Internal Audit Charter at                and/or data related to the performance of Internal
                                                                                                                                  least once every 3 years;                                       Audit duties and responsibilities, except where
*) Double Hatting                                                                                                              4. Prepare an annual internal audit plan with budget               disclosure is required under applicable laws and
                                                                                                                                  allocation for the implementation of Internal Audit             regulations or pursuant to a court order/decision.
                                                                                                                                  activities, to be approved by the President Director        8. Understand the principles of Good Corporate
                                                                                                                                  and Board of Commissioners by considering the                   Governance and Risk Management.
                                                                                                                                  Audit Committee’s recommendation, and ensure                9. Improve the knowledge, skills, and professional
Internal Audit Charter                                                                                                            the implementation of the approved internal                     abilities continuously.
                                                                                                                                  audit plan;                                                 10. Not hold concurrent duties or positions, nor engage
The Bank has an Internal Audit Charter as a guideline for the work of the Bank’s Internal Audit function. The Internal Audit
                                                                                                                               5. Report significant findings, risks, and control issues          in operational activities at the Bank, except for
Charter was enacted and approved by the Board of Commissioners through Decision Letter No. 1/04/007.02/XI/2023
                                                                                                                                  to the Board of Directors for corrective action,                Internal Audit operational activities.
dated 8 November 2023, which governs the scope of duties, authority, and responsibilities of Internal Audit in supporting
the supervision and improvement of the effectiveness of internal control across all lines of the Company.                         and monitor and convey the progress of follow-up
                                                                                                                                  corrective actions to the President Director and            In performing the Internal Audit function, Internal
                                                                                                                                  the Board of Commissioners with copies to the               Audit is supported by a team of auditors who
Chief Auditor Profile, Qualifications & Competence Development
                                                                                                                                  Audit Committee and the director in charge of the           possess appropriate qualifications and professional
                                                                                                                                  compliance function;                                        expertise. As of 31 December 2025, the qualifications
                                                         Lius Pritantyo                                                        6. Develop Key Performance Indicators (KPIs)                   and competencies of Internal Audit include Risk
                                                         Chief Auditor                                                            to ensure the continuous improvement of                     Management Certification, Certified Information
                                                                                                                                  Internal Audit;                                             Systems Auditor, Certified Information Security
 Personal Data                                                                                                                 7. Establish Internal Audit policies and procedures as         Manager, and Qualified Internal Auditor.
 Indonesian                                                                                                                       guidelines for Internal Audit activities and ensure
 46 years old as of 31 December 2025
                                                                                                                                  their regular reviews;
                                                                                                                               8. Attend Audit Committee meetings permanently and
 Legal Basis of Appointment
 Board of Directors’ Decision Letter No. 040 dated 4 August 2025                                                                  provide advice and support whenever required;.

 Educational Background
 Bachelor of Computer Science, Bina Nusantara University, 2001

 Work Experience
 August 2025 – current: Acting Chief Auditor
 July 2020 – July 2025: IT & IS Audit Head

 Concurrent Positions
 IT & IS Audit Head

 Certifications
 CISA (Certified Information System Auditor)
 CISM (Certified Information Security Manager)
 Banking Risk Management Qualification 5




                                                                                                                                                                                                              PT Bank QNB Indonesia Tbk Annual Report 2025
Page 100
196                                                                                                                                                                                                                                                         197
                    2025 Highlights                           Reports to Stakeholders                     Company Profile              Management Discussion and Analysis                Corporate Governance (GCG)               Sustainability




Internal Audit Duties & Responsibilities                          5. Assist the President Director and the Board of                Implementation of Activities in 2025
                                                                     Commissioners in preparing the reporting to
The Internal Audit Division performs its duties and                                                                                Throughout 2025, the Internal Audit Division completed 13 audits, consisting of regulatory, regular audits and advisory
                                                                     OJK regarding:
responsibilities in accordance with the provisions                                                                                 reviews across the Bank. These audits were conducted based on the Risk-Based Audit approach, using appropriate
                                                                     a. The implementation and summary of audit
stipulated in the Internal Audit Charter. In general, these                                                                        techniques for document review, interviews, financial analysis and comparison, confirmation, and data processing.
                                                                          results, including strictly confidential information
duties and responsibilities include the following:
                                                                          of the audit results.
1. Assist the President Director and the Board of                                                                                  Each audit resulted in recommendations aimed at enhancing corporate governance, risk management, and internal
                                                                     b. Any findings that are expected to potentially
    Commissioners through the Audit Committee in                                                                                   control. In 2025, the Internal Audit Division also held 13 meetings with the Audit Committee. These monthly meetings
                                                                          disrupt the Bank’s business sustainability.
    preparing and implementing the audit plan, as well                                                                             provided updates to the Audit Committee on issues identified by Internal Audit, External Auditors, and OJK, as
                                                                     c. Reports on the results of reviews conducted
    as monitoring of audit results.                                                                                                well as reported on the progress of consultative activities related to corporate governance, risk management, and
                                                                          by external parties containing opinions on the
2. Identify and report on issues, deficiencies, or                                                                                 internal control.
                                                                          Internal Audit performance and its compliance
    weaknesses in the Bank’s systems and processes
                                                                          with standards for the implementation of the
    for controlling its activities and managing risks,
                                                                          Bank’s internal audit function, as well as any
    through risk-focused examination and assessment
                                                                          improvements that may be required. External              Audit Findings in 2025
    of specific samples of systems, processes, and
                                                                          reviews are conducted at least once every 3              The Internal Audit Division conducts regular and systematic monitoring of audit findings follow-up to ensure timely
    controls, which cover:
                                                                          (three) years.                                           resolution in accordance with agreed commitments. All outstanding or approaching due dates are consolidated and
    a. The adequacy and resilience of systems
                                                                  6. Report immediately any audit findings that could              regularly communicated to the auditee for immediate follow-up. The auditee is responsible for implementing corrective
        (including relevant technology) and procedures.
                                                                     disrupt the Bank’s business sustainability to the             actions and providing sufficient supporting evidence for validation to the auditor. If evidence is insufficient or the
    b. Compliance with the Bank’s objectives,
                                                                     President Director and the Board of Commissioners             deadline is not met, the auditee must immediately make additional improvements or request an extension of target date
        strategies, and control guidelines issued by
                                                                     through the Audit Committee.                                  in accordance with applicable procedures. Completion status and validation results are consolidated in a monthly audit
        Management; as well as with prevailing laws and
                                                                  7. Monitor audit follow-up actions and reporting                 follow-up report to ensure transparency and accountability, and are communicated to the Board of Directors and Senior
        regulations, OJK, and other regulators relevant
                                                                     periodically to the President Director and the Board          Management to ensure timely and effective resolution of audit findings.
        to the Bank’s business.
                                                                     of Commissioners through the Audit Committee.
    c. Evaluating the design and effectiveness of
                                                                  8. Exercise due professional care in the performance
        risk management, control, and organisational
                                                                     of its responsibilities and must ensure that the                     Audit                   Total Findings                    Completed (%)                     In Progress (%)
        governance processes.
                                                                     confidentiality of all records and information
    d. Providing advisory services related to
                                                                     accessed in the course of its duties is properly              Internal (2025)                     113                               56%                                44%
        governance, risk management, and controls,
                                                                     maintained/protected.
        as deemed appropriate by the Chief Auditor                                                                                 External (2025)                     114                               96%                                 4%
                                                                  9. In cases where Internal Audit is requested to
        and the Audit Committee, including ongoing
                                                                     undertake reviews involving incidents of major
        collaboration with the Compliance Division,
                                                                     control failure, significant financial losses, or fraud,      At the end of the 2025 reporting period, nearly all significant Internal Audit findings had been resolved in accordance with
        Risk Management Division, IT and Information
                                                                     such reviews shall focus on the identification of             the Bank’s internal control policies.
        Security Division, and other functions to ensure
                                                                     control gaps, process weaknesses, and areas to
        that risks are properly identified and managed.
                                                                     strengthen internal controls. Other relevant divisions
    e. Reporting significant risk exposures and control
                                                                     shall be responsible for conducting detailed                  Quality Assurance and Improvement Programme
        issues, including fraud risk, governance issues,
                                                                     investigations, including determining employee
        and other matters as required or upon request                                                                              The Internal Audit maintains a quality assurance and improvement Programme that covers all aspects of the internal
                                                                     accountability, undertaking necessary legal actions,
        by the President Director and the Board of                                                                                 audit activity to increase the effectiveness and efficiency of the internal audit activity and identifies opportunities for
                                                                     and fulfilling any required reporting to the regulators.
        Commissioners through the Audit Committee.                                                                                 improvement. As required by OJK Regulations No. 1/POJK.03/2019 and No. 11/POJK.03/2022 and OJK Circular No. 21/
    f. Conducting specific evaluations of operational                                                                              SEOJK.03/2017, in 2023 Internal Audit was reviewed by Public Accounting Firm Paul Hadiwinata, Hidajat, Arsono, Retno,
        activities at the request of the President Director                                                                        Palilingan & Partners, with the result “Generally Conforms” and will be reviewed in 2026.
                                                                  Internal Audit Competence Development
        and the Board of Commissioners through the
        Audit Committee, or regulators.                           The evolving skillsets required for Internal Auditors is
3. Provide recommendations for improvement                        crucial to the internal audit function and hence, the Audit      2026 Strategy
    related to the activities reviewed at all levels of           employees participates in various training programmes,
    Management.                                                   both internal and external, seminars, and workshops              For 2026, we aim to stay current with the rapidly changing business and regulatory environment by continuing to
4. Prepare the audit reports and submit them to the               on an ongoing basis. Competence enhancement                      focus on regulatory change programmes such as Basel III reforms and other prudential regime requirements such as
    President Director and the Board of Commissioners             programmes held in 2025 included mandatory training              capital adequacy & risk assessment, financial crime, fraud risk management, cybersecurity, Environmental, Social, and
    through the Audit Committee, with copies to the               on risk management, anti-fraud, Anti Money Laundering,           Governance (ESG) and technological advancements in Artificial Intelligence (AI), machine learning, blockchain and
    Compliance Director.                                          and cybersecurity, as well as technical training on              other fintech innovations. This will help anticipate new risks, provide advice and help to accelerate positive change. All
                                                                  Artificial Intelligence (AI), presentation, negotiation skill,   supervision and assessment activities will be aligned with the Bank’s strategic priorities while remaining responsive to the
                                                                  trade finance and revised global internal audit standards.       evolving regulatory dynamics.




                                                                                                                                                                                                                     PT Bank QNB Indonesia Tbk Annual Report 2025
Page 101
198                                                                                                                                                                                                                                                 199
                    2025 Highlights                        Reports to Stakeholders                   Company Profile            Management Discussion and Analysis                Corporate Governance (GCG)              Sustainability




Internal control system
The bank has implemented an internal control system that is in                                                             Statement of the Board of Directors and/or                       1.   Completion of comprehensive gap analysis and
                                                                                                                                                                                                 developed of the ICOFR methodology, aimed at
                                                                                                                           Board of Commissioners on the Adequacy of
accordance with statutory regulations and takes into account the                                                           the Internal Control System                                           identifying improvement areas and refining the

provisions of the Financial Services Authority as stipulated in OJK
                                                                                                                                                                                                 Bank’s control approach in alignment with OJK
                                                                                                                           Management assessed that the Bank’s internal                          Regulation No. 15 of 2024 concerning Integrity of
Circular Letter No. 35/SEOJK.03/2017 concerning the Guidelines                                                             controls were adequate to ensure smooth operations,
                                                                                                                           maintain compliance, and control strategic risks. This           2.
                                                                                                                                                                                                 Bank Financial Reporting.
                                                                                                                                                                                                 Development of an ICOFR repository, serving as a
for the Standard Internal Control System for Commercial Banks.                                                             framework also serves as the foundation for continuous                centralised documentation and monitoring platform
                                                                                                                           improvement, adaptation to business dynamics, and                     to enhance traceability, consistency, and oversight of
                                                                                                                           readiness to face future challenges and opportunities.                control implementation.
For the implementation of good internal control, the           1. Developing the Internal Control Repository and                                                                            3.   Conducted training and awareness sessions
Bank has established an adequate organisational                   Annual Plan to establish key controls over the Bank’s                                                                          for the First Line of Defense (L1) to strengthen
structure to support this implementation, including               activities.                                              The Implementation of Internal Control Over                           accountability, improve understanding of control
SKAI, the Risk Management Work Unit, and the                   2. Conducting testing of the design and operational         Financial Reporting                                                   responsibilities, and reinforce discipline in financial
Compliance Work Unit.                                             effectiveness of key activities in the Bank’s work                                                                             reporting processes.
During the year, the Bank made improvements to the                units.                                                   The implementation of Internal Control over Financial            4.   Reviewed and refined policies and procedures
framework by strengthening controls at both the entity         3. Preparing and delivering test result reports to the      Reporting (ICOFR) at QNB Indonesia is designed                        related to financial reporting to ensure alignment
and business process levels, which were implemented               Board of Directors through the Risk Management           to ensure the reliability, accuracy, completeness,                    with evolving regulatory requirements and sound
based on:                                                         Committee. The test results are also compiled in         transparancy of financial information and reports,                    governance practices.
1. Management oversight and a control-oriented                    the Compliance Director’s Report submitted to            prepared in accordance with applicable accounting                5.   Advisory support to relevant working units in relation
    culture;                                                      the OJK, the President Director, and the Board of        standards and regulatory requirements.                                to ICOFR implementation, ensuring that established
2. Risk identification and assessment;                            Commissioners.                                                                                                                 controls are adequate and in alignment with the
3. Control activities and segregation of duties;                                                                           The implementation of ICOFR refers to:                                underlying financial reporting risks.
4. Accounting, information, and communication                  Following up on and monitoring commitments from the         1. Otoritas Jasa Keuangan Regulation No. 15 of 2024              6.   Strengthen coordination in the follow-up of
    systems;                                                   relevant work units made as corrective actions for the         concerning the Integrity of Bank Financial Reporting,              whistleblowing reports on alleged fraud or
5. Monitoring activities and corrective actions for            implementation of internal controls.                           which aims to strengthen the integrity, reliability, and           manipulation of financial information, reinforcing
    deviations.                                                                                                               transparency of financial information and financial                the Bank’s commitment to transparency
                                                                                                                              statements, while ensuring that the financial                      and accountability.
The implementation of internal controls in the Bank is         Review of the Internal Control System                          reporting process is supported by adequate and                7.   Conducted evaluation on the effectiveness of the
designed by taking into account the total assets, the          Effectiveness                                                  effective internal controls.                                       ICOFR framework, commenced on 1 November
products and services offered, including new products                                                                      2. Indonesian Financial Accounting Standards.                         2025, as part of a structured assessment of control
and services, operational complexity, branch network,          The review of the effectiveness of the Bank’s internal                                                                            design and operational effectiveness. Result of
the risk profile of each business activity, the methods        control system is conducted to detect and mitigate                                                                                evaluation is used as basis for Management Report
                                                               risks, as well as to identify areas requiring improvement   In efforts to ensure the effective and efficient
used for data processing and risk measurement, as well                                                                     implementation of the Internal Control Over Financial                 on Internal Control Over Financial Reporting.
as the relevant regulations.                                   to strengthen governance and ensure the continuity of
                                                               the Bank’s operations.                                      Reporting Process in alignment with the principles
                                                                                                                           of good corporate governance, the Bank has issued                These initiatives reflect the Bank’s ongoing commitment
The effectiveness of internal controls is consistently                                                                     ICOFR Policies and Procedures. Furthermore, as                   to strengthening governance practices, enhancing
evaluated to ensure alignment between operational              Results of this review, whose root causes have                                                                               financial reporting discipline, and upholding the integrity
                                                               been identified, are used as a basis for process            a formal basis for the implementation of internal
activities and applicable policies. This evaluation                                                                        control within the financial reporting process the Bank          and quality of its financial reporting process.
process serves as an important monitoring tool in              improvements, governance strengthening, and the
                                                               continuous refinement of control mechanisms, enabling       established a Dedicated Working Unit (UKK) namely the
identifying potential risks, assessing the adequacy of                                                                     Financial Reporting Risk (FRR) Division under the Risk
ongoing procedures, and ensuring compliance with               the company to maintain operational reliability and
                                                               performance quality over time.                              Directorate, effective from 1 February 2025. In carrying
regulations governing business activities..                                                                                out its mandate, the Financial Risk Division has designed
                                                                                                                           and implemented a series of strategic initiatives aimed
                                                                                                                           at strengthening the oversight, risk mitigation, and
Internal Control System Implementation                                                                                     compliance with applicable regulation. The key initiatives
In an effort to ensure the implementation of an                                                                            executed include the following:
effective, efficient Internal Control System that aligns
with the principles of good corporate governance, the
Compliance Division has designed and carried out a
series of strategic measures aimed at strengthening
oversight, risk mitigation, and compliance with
applicable regulations. The main initiatives that have
been implemented are as follows:




                                                                                                                                                                                                             PT Bank QNB Indonesia Tbk Annual Report 2025
Page 102
200                                                                                                                                                                                                                                              201
                   2025 Highlights                         Reports to Stakeholders                  Company Profile            Management Discussion and Analysis                 Corporate Governance (GCG)           Sustainability




                                                                                                                           Compliance function
Management Report on Internal Control Over                     that financial statements and information is prepared in    QNB Indonesia places compliance as a foundation of its operations and growth strategy, in line with OJK Regulation
Financial Reporting                                            accordance with applicable accounting standards and         No. 46/POJK.03/2017. The Compliance Directorate ensures that all Bank activities are conducted in accordance with
                                                               regulatory requirements. However, there are still several   regulations while internalising compliance as a work culture. The Board of Commissioners reviews this function at
                                                               areas for improvement at governance-level to reduce the     least twice a year, providing strategic direction to address regulatory challenges, strengthen controls, continuously
In relation to the preparation and presentation of the         risk of future misstatements.                               enhance the quality of compliance, strengthening Financial Crime Risk Assessment (FCRA), and Enhancing FCC Quality
Bank’s Financial Statements for the financial year ended                                                                   Assurance and Testing.
31 December 2025, the Board of Directors of PT Bank            Management remains committed to continuously
QNB Indonesia Tbk states that:                                 strengthen the internal control environment, enhancing      Structure
                                                               reporting discipline, and implementing ongoing
The Board of Directors is responsible for:                                                                                 The organisational structure of the Bank’s compliance function is stipulated under the Board of Directors’ Decree No.
                                                               improvements to uphold the integrity and quality of the
1. The preparation and fair presentation of the                                                                            058a/SK‑Dir/X/2025 dated 25 October 2025 concerning the organisational Structure of PT Bank QNB Indonesia Tbk,
                                                               Bank’s financial reporting.
   Bank’s financial information and financial                                                                              with details as follows:
   statements in accordance with applicable financial
   accounting standards.
2. Ensuring that the preparation and presentation of
   the financial statements comply with applicable laws
   and regulations issued by the Financial Services                                                                                                                           Compliance
   Authority (OJK).                                                                                                                                                            Director
3. Ensuring the completeness and accuracy of the
                                                                                                                                                                                                                                         Directors
   financial statements,
4. Establishing and maintaining effective internal
   control over financial reporting.

The implementation and evaluation of ICOFR                                                                                                  Head of                          Head of                        Head of
                                                                                                                                           Regulatory                    Financial Crime                   Corporate
are carried out in accordance with Otoritas Jasa
                                                                                                                                           Compliance                      Compliance                      Secretary
Keuangan Regulation No. 15 of 2024 concerning
the Integrity of Bank Financial Reporting and its
implementing provisions, as well as the Bank’s internal
governance framework aligned with Good Corporate
Governance principles.                                                                                                       Compliance
                                                                                                                                                  Data                                                     Corporate
                                                                                                                              Review &                           Anti Fraud
                                                                                                                                               Protection                                                  Secretary
                                                                                                                              Advisory                             Mgt &
Management applies a risk-based approach in                                                                                   Specialist
                                                                                                                                               Specialist                                  AML Head         Officer
                                                                                                                                                               Investigation
identifying significant financial reporting risks,                                                                                                                 Head
determining key controls, and performing periodic
evaluations of the design and operating effectiveness
of such controls. The evaluation covers significant
accounts, disclosures, and key reporting processes that
may materially affect the Bank’s financial statements.
                                                                                                                                                                Anti Fraud
                                                                                                                                                                                           AML Officer
                                                                                                                                                               Investigator
The Board of Directors has conducted an evaluation
and assessment of the Bank’s Internal Control over
Financial Reporting (ICOFR) for the financial year ended
31 December 2025, in accordance with the applicable
regulatory requirements and internal control framework.
                                                                                                                           The compliance function is carried out independently by all relevant parties, from the Compliance Director to
Based on such evaluation, the Bank’s Internal Control                                                                      staff, without any pressure or conflicts of interest from Shareholders, Senior Management, or Management. This
over Financial Reporting (ICOFR) implementation                                                                            implementation refers to the Compliance Regulation and Policy No. 2/07‑CMPR/146.03/VIII/2025. Information regarding
is assessed as effective and are free from material                                                                        the profile of the Compliance Director is presented in the Board of Directors’ Profile section of this Annual Report.
misstatements. Key controls across significant accounts
are generally in place, providing reasonable assurance




                                                                                                                                                                                                          PT Bank QNB Indonesia Tbk Annual Report 2025
Page 103
202                                                                                                                                                                                                                                                 203
                   2025 Highlights                           Reports to Stakeholders                     Company Profile          Management Discussion and Analysis               Corporate Governance (GCG)             Sustainability




Division Heads Profiles                                                                                                       Compliance Division                                            6. Taking preventive actions as needed to ensure
                                                                                                                                                                                                compliance with the regulations of the Financial
                                                                                                                              Strategy                                                          Services Authority and the provisions of the
                                                      Karina Honggo
                                           Regulatory Compliance Division Head                                                In 2025, the Compliance Directorate will implement                prevailing laws and regulations; and
                                             Serving since 08 October 2025                                                    the Compliance Strategic Map, which will be in effect          7. Performing other tasks related to the Compliance
                                                                                                                              until 2025, focusing on the theme “Internalising a                Function.
                                                                                                                              Compliance Culture to Support Sustainable Business
Personal Data                                                                                                                 and Operations.” This strategy emphasise several key           Under the Compliance Director, there is the Regulatory
Indonesian                                                                                                                    actions, including:                                            Compliance Division which carries out the Compliance
37 years old as of 31 December 2025                                                                                           1. Managing the Compliance Risks faced by the                  Function at QNB Indonesia. Under the Regulatory
                                                                                                                                  Bank and ensuring the Bank’s adherence to the              Compliance Division, there are two functions with the
Legal Basis of Appointment                                                                                                        regulations of the Financial Services Authority.           following main duties and responsibilities:
Board of Directors’ Decision Letter No. 561/SK-HRSD-ES/X/2025 dated 8 October 2025                                            2. Empowering organisational capacity and internal             1. Compliance Advisory Function
                                                                                                                                  processes to improve reporting and information                  a. Supporting compliance programmes prepared
Educational Background
                                                                                                                                  systems accurately, correctly, and transparently.                  in the Compliance Strategy Map to encourage a
Bachelor of Commerce double major in Accounting and Finance, from Curtin University, Western Australia
                                                                                                                              3. Embedding a compliance culture into the work                        strong Compliance Culture;
Work Experience                                                                                                                   culture and core values; and                                    b. Conducting reviews and ensuring that
Prior to joining the Bank, she had professional experience across several banking institutions, including PT Bank United      4. Ensuring the Bank’s compliance with commitments                     compliance checklists for Basic Bank
Overseas Bank (UOB) Indonesia, PT Bank Australian and New Zealand (ANZ) Indonesia dan PT Bank Maybank Indonesia.                  made by the Bank to the Financial Services Authority               Products and Advanced Bank Products are
Previously, she held the position of Corporate Function & International Branch Audit Head at PT Bank Maybank Indonesia, and       or other competent supervisory authorities.                        in accordance with OJK and other applicable
Governance, Treasury and Support Function Audit Head at PT Bank QNB Indonesia Tbk                                                                                                                    regulatory provisions;
                                                                                                                              The implementation of the 2025 Compliance Strategy                  c. Assisting business units in following up on
                                                                                                                              Map includes the following key activities:                             progress related to licensing of new or continued
                                                   Inggrid Ratna Hindiyani                                                    1. Supporting the Achievement of Financial Targets                     products and/or activities;
                                         Financial Crime Compliance Division Head                                                 Prudently,                                                      d. Ensuring the adequate dissemination
                                              Serving since 09 January 2023                                                   2. Supporting sustainable business growth by adhering                  of regulations through coordination
                                                                                                                                  to the Bank’s prudential principles,                               meetings, communication, and providing
Personal Data                                                                                                                 3. Ensuring the effectiveness of Personal Data                         recommendations as outlined in GRC
Indonesian                                                                                                                        Protection,                                                        (Governance, Risk, and Compliance) meetings,
51 years old as of 31 December 2025                                                                                           4. Developing compliance activities continuously by                    email blasts, or by conducting regular training for
                                                                                                                                  strengthening the compliance culture,                              the relevant work units;
Legal Basis of Appointment                                                                                                    5. Enhancing the implementation of Internal Controls,               e. Providing recommendations/ assessments on
Board of Directors’ Decision Letter No. 012/SK-HRSD-ES/I/2023 dated 9 January 2023
                                                                                                                              6. Strengthening Financial Crime Compliance (FCC)                      Bank products/ activities related to business
                                                                                                                                  policies and framework                                             processes, credit, operations, and branch networks;
Educational Background
Bachelor of Economics (Accounting) from University of Padjadjaran, Indonesia (2000)                                           7. Enhancing effectiveness of FCC controls and                      f. Conducting reviews of policies, internal
                                                                                                                                  oversight                                                          regulations, Board of Directors’ decrees, and
Work Experience                                                                                                               8. Optimising FCC supporting systems and data                          forms owned by the Bank to ensure compliance
Prior to joining the Bank, she worked at several banks, including PT Bank KEB Hana Indonesia as AML Head and HSBC Corp.       9. Enhancing competency and compliance culture                         with the regulations of the Financial Services
Ltd. Hong Kong as Regional Financial Crime Advisory, Asia Pacific.                                                            10. Strengthening FCC governance and reporting                         Authority and statutory provisions.

                                                                                                                              Duties and Responsibilities                                    2. Compliance Review Function
Meanwhile, the profile of the Head of Corporate Secretary, held by Indah Mathilda, is presented in the Head of Corporate                                                                        a. Ensuring the Bank’s compliance with commitments
                                                                                                                              The duties and responsibilities of the Director
Secretary Profile section of this Annual Report.                                                                                                                                                   made to BI, OJK, and other regulators and acting as
                                                                                                                              overseeing the Compliance Function (Compliance
                                                                                                                                                                                                   the OJK audit liaison officer;
                                                                                                                              Director) shall at a minimum include:
                                                                                                                                                                                                b. Ensuring that reporting reminders are sent to
                                                                                                                              1. Formulating strategies to promote the
                                                                                                                                                                                                   the relevant PIC to avoid potential sanctions;
                                                                                                                                  implementation of a compliance culture;
                                                                                                                                                                                                c. Preparing and carrying out regulatory
                                                                                                                              2. Proposing compliance policies and principles to be
                                                                                                                                                                                                   reporting required to be submitted by the
                                                                                                                                  established by the Board of Directors;
                                                                                                                                                                                                   Compliance Directorate in accordance with
                                                                                                                              3. Establishing compliance systems and procedures
                                                                                                                                                                                                   applicable regulations;
                                                                                                                                  used to develop the Bank’s internal provisions and
                                                                                                                                                                                                d. Coordinating data requests from regulators in
                                                                                                                                  guidelines;
                                                                                                                                                                                                   collaboration with relevant divisions;
                                                                                                                              4. Ensuring that all policies, provisions, systems, and
                                                                                                                                                                                                e. Managing incoming and outgoing
                                                                                                                                  procedures, as well as business activities conducted
                                                                                                                                                                                                   correspondence with OJK, BI, and LPS;
                                                                                                                                  by the Bank, comply with the regulations of the
                                                                                                                                                                                                f. Preparing and submitting other compliance
                                                                                                                                  Financial Services Authority and the provisions of
                                                                                                                                                                                                   reports as required by Management;
                                                                                                                                  the prevailing laws and regulations;
                                                                                                                                                                                                g. Acting as a bridge between the Bank
                                                                                                                              5. Identifying, measuring, monitoring, controlling, and
                                                                                                                                                                                                   and regulators to build and maintain
                                                                                                                                  minimising the Bank’s compliance risk to ensure it
                                                                                                                                                                                                   cooperative relationships;
                                                                                                                                  remains within the levels stipulated by the Financial
                                                                                                                                  Services Authority regulations;


                                                                                                                                                                                                             PT Bank QNB Indonesia Tbk Annual Report 2025
Page 104
204                                                                                                                                                                                                                                              205
                   2025 Highlights                          Reports to Stakeholders                  Company Profile          Management Discussion and Analysis                Corporate Governance (GCG)             Sustainability




   h.   Ensuring adequate knowledge of relevant                 policies, preventing the financing of terrorism, and     15. PADG No.16 of 2025 dated 23 July 2025,                       Evaluation of Compliance Function Efficacy
        banking provisions/regulations;                         proliferation of weapons of mass destruction (AML/           concerning Amendments to PADG No. 13 of 2024                  In 2025, the Compliance Directorate successfully
   i.   Strengthening Compliance Culture across                 CFT/NP).                                                     regarding Money Market Transactions.                         carried out its supervisory functions comprehensively
        all work units by utilising the Compliance                                                                       16. PADG No. 21 of 2025 dated 20 October 2025,                   and effectively. This performance is reflected in the
        Self-Awareness Questionnaire (CSAQ) as                  The Bank also ensured compliance with various new            concerning Foreign Exchange Monetary Operations.             Bank’s ability to maintain its Bank Soundness Level and
        a compliance testing tool to assess the                 banking regulations issued throughout 2025, including    17. PADG No. 23 of 2025 dated 20 October 2025,                   Corporate Governance Rating at level 2 (two), indicating
        effectiveness of the compliance programme;              but not limited to:                                          concerning the Macroprudential Intermediation                that the Bank’s management has implemented
        and                                                     1. SEOJK No. 14/SEOJK.03/2025 dated 24 June                  Ratio and Macroprudential Liquidity Buffers for              good governance practices. Throughout 2025, the
   j.   Carrying out testing on the effectiveness of                2025, regarding the Implementation of Governance         Conventional Commercial Banks, Islamic Commercial            Compliance Risk Profile remained at level 2 (two),
        internal controls over the Bank’s activities.               for Commercial Banks.                                    Banks, and Islamic Business Units (PADG MIR-MLB).            categorised as Low to Moderate.
                                                                2. POJK No. 14 of 2025 dated 20 June 2025, regarding     18. PADG No. 24 of 2025 dated 31 October 2025,
3. Personal Data Protection Function                                the Implementation of General Meetings of                concerning the Implementation of Settlement and
                                                                                                                                                                                          2026 Action Plan
   a. Strengthening the Governance Structure by                     Shareholders, General Meetings of Bondholders, and       Instant Payments through the Bank Indonesia Real-
      creating policies and procedures related to the               General Meetings of Sukuk Holders Electronically.        Time Gross Settlement (RTGS) System.                         To further strengthen the foundations of governance
      implementation of Personal Data Protection as             3. POJK No. 18 of 2025 dated 4 August 2025,              19. PADG No. 27 of 2025 dated 1 December 2025,                   and compliance, the Bank has established the following
      guidelines for the Bank;                                      regarding Transparency and Publication of                concerning the Implementation Regulations of the             strategic initiatives to be implemented in 2026, in line
   b. Ensuring the implementation of detection and                  Bank Reports.                                            Macroprudential Liquidity Incentive Policy (PADG             with the Compliance Strategy Map:
      prevention measures against unauthorised data             4. SEOJK No. 10/SEOJK.04/2025 dated 5 June 2025,             MLI).                                                        1. AML CFT and CPF
      disclosure, data leakage, mishandling of data, or             regarding the Submission of Ownership Reports                                                                             a. Ensuring that AML CFT and CPF systems,
      inappropriate data access;                                    or Any Changes in Ownership of Public Company        In 2025, the Regulatory Compliance Division focuses                      processes and reporting remain robust, scalable
   c. Carrying out Records of Processing Activities                 Shares and Electronic Reporting of Pledged Share     on compliance risk mitigation by ensuring all work                       and fully aligned with regulatory requirements,
      (ROPA) and Data Leakage Prevention (DLP)                      Activities of Public Companies.                      units carry out activities in accordance with applicable                 while supporting sustainable business growth.
      as tools to identify DLP incidents and mitigate           5. SEOJK No. 20/SEOJK.08/2025 dated 8 September          regulations. To achieve this, the Regulatory Compliance              b. Enhancing transaction monitoring and screening
      risks arising from malicious intent, negligence, or           2025, regarding the Publication of Complaint         Division implements the following measures:                              effectiveness, including scenario tuning and alert
      unintentional data disclosure;                                Handling and Complaint Service Reports.              1. Conduct reviews and evaluations of procedures,                        quality reviews
   d. Monitoring data protection practices by design            6. POJK No. 19 of 2025 dated 28 August 2025,                 internal guidelines, policies, Cooperation                       c. Strengthening quality assurance and
      and by default, including data security measures              regarding Ease of Access to Financing for Micro,         Agreements (PKS), Programmes, Directors’ Decrees                     independent testing over AML, CFT, and CPF
      and the fulfilment of data subject rights;                    Small, and Medium Enterprises.                           (SK-DIR), and forms with attention to compliance                     controls
   e. Identifying violations or deficiencies related to         7. POJK No. 22 of 2025 dated 15 September 2025,              with regulatory requirements.                                    d. Enhancing suspicious transaction reporting
      Data Protection standards;                                    concerning Reporting of Commercial Banks Through     2. Actively socialise new regulations/changes in                         (STR) governance, quality, and timeliness
   f. Ensuring continuous updates on regulations                    the Financial Services Authority Reporting System.       regulations issued by regulators, namely OJK and BI,             e. Strengthening issue management, root cause
      related to Data Protection and following up on            8. POJK No. 24 of 2025 dated 4 November 2025,                as well as other regulators, through email blasts and                analysis, and remediation tracking
      their implementation by incorporating them into               concerning Management of Accounts at Commercial          hold coordination meetings with relevant work units.             f. Enhancing staff awareness and targeted training
      relevant policies, procedures, and processes;                 Banks.                                               3. Periodically, or at least monthly, send reporting                     on AML/CFT typologies
   g. Providing guidance and advice on Data                     9. SEOJK No. 31/SEOJK.03/2025 dated 28 November              reminders to all work units responsible for the              2. Anti-Fraud and Anti-Bribery & Corruption
      Protection matters to stakeholders as necessary;              2025, concerning Reporting of Conventional               preparation and submission of reports, including                 Enhancing prevention, detection, investigation and
      and                                                           Commercial Banks Through the OJK Reporting               monthly, quarterly, semi-annual, and annual reports,             monitoring through improved tools, policies and
   h. Participating in evaluating the implementation                System.                                                  and review the reporting reminder system monthly                 heightened awareness, in order to safeguard the
      of the GCG principles in coordination with                10. SEOJK No. 29/SEOJK.03/2025 dated 26 November             to update changes in PICs and regulations related                Bank and promote a strong culture of integrity.
      related units.                                                2025, concerning Transparency and Publication of         to reports.
                                                                    Conventional Commercial Banks’ Reports.              4. Conduct coordination meetings with relevant work
2025 Achievements                                               11. PADK No. 37/PADK.08/2025 dated 2 December                units to discuss the imposition of fines and ensure
                                                                    2025, concerning Provision and Delivery of               the implementation of internal controls in the form
In 2025, the Bank reaffirmed its full commitment to
                                                                    Information for Marketing Financial Products and         of maker, checker, and approver mechanisms in
regulatory compliance and the strengthening of internal
                                                                    Services.                                                each reporting process has been carried out in
governance. In facing the acceleration of digitalisation
                                                                12. PBI No. 9 of 2025 dated 26 November 2025,                accordance with prevailing provisions.
and rapidly changing regulations, the Bank successfully
                                                                    concerning Macroprudential Liquidity Incentive       5. Coordinate with Regulators as needed, including
navigated challenges in ensuring compliance with new
                                                                    Policy.                                                  responding to inquiries from Regulators,
rules, strengthening information systems to protect
                                                                13. PADG No. 14 of 2025 dated 30 June 2025,                  communicating and following up on any issues, and
customer data from cyber threats, and fulfilling current
                                                                    concerning the Second Amendment to PADG                  maintaining good relationships with Regulators.
reporting obligations.
                                                                    No. 17 of 2023 on the Implementation of Bank         6. Assess the effectiveness of the Bank’s internal
                                                                    Indonesia-Fast Payment.                                  control design and systems in accordance with
The increase in cases of fraud, cybercrime, and online
                                                                14. PADG No.15 of 2025 dated 30 June 2025,                   regulatory requirements, aimed at mitigating the risk
gambling due to macroeconomic conditions has
                                                                    concerning the Implementation of Anti-Money              of financial impact or loss, deviations, and violations
prompted the Bank to implement stricter governance
                                                                    Laundering, Combating the Financing of Terrorism,        of prudential aspects.
and effective risk management. These efforts include
                                                                    and Preventing the Financing of Weapons of           7. Ensure comprehensive Data Protection by ensuring
strengthening anti-fraud programmes, protecting
                                                                    Mass Destruction (AML/CFT/CFWMD) for Parties             that the entire Bank’s data protection framework
personal data, enhancing the Bank’s internal control
                                                                    Regulated and Supervised by Bank Indonesia.              operates in compliance with applicable laws
systems, as well as implementing anti-money laundering
                                                                                                                             and regulations.




                                                                                                                                                                                                          PT Bank QNB Indonesia Tbk Annual Report 2025
Page 105
206                                                                                                                                                                                                                                                      207
                    2025 Highlights                            Reports to Stakeholders                 Company Profile            Management Discussion and Analysis                  Corporate Governance (GCG)                Sustainability




Anti-Money Laundering (AML)                                                                                                  Anti-fraud management
As part of its efforts to mitigate financial crime risks and       The effectiveness of the compliance culture was further   and investigation
ensure regulatory compliance, the Bank has positioned              reinforced through the appointment of AML Champions
the AML Sub-Division under the Financial Crime                     and regular dissemination of new regulations, as well     As part of its efforts to prevent fraudulent activities, the            c. Signing of the integrity pact with an additional
Compliance (FCC) Division, under the supervision of                as ongoing AML CFT CPF and Sanctions training             Bank implements fraud risk management in accordance                        clause on online gambling by the Board
the Compliance Director. This Sub-Division serves as               programmes. Periodic risk assessments enabled the         with OJK Regulation No. 12 of 2024 dated 31 October                        of Directors.
the frontline in the implementation of the AML CFT                 control weaknesses identification and appropriate         2024 on the Implementation of Anti-Fraud Strategies                    d. Conducting Anti-Bribery & Corruption
CPF Programme, as well as the Sanctions Programme,                 mitigation measures implementation.                       for Financial Services Institutions, which became                          Risk Assessment, in order to identify the
which includes:                                                                                                              effective on 1 February 2025.                                              Bank’s vulnerabilities to the risk of bribery
1. Ensuring a risk-based and robust AML CFT                        In 2025, the Bank developed an advanced KYC system,                                                                                  and corruption, both from within and the
    CPF framework is carried out in accordance                     SmartAML, to meet regulatory requirements. The AML        Fraud risk management is administered by the Anti-                         external environment.
    with applicable regulatory and international                   CFT CPF Policy was aligned with POJK No. 8 of 2023,       Fraud Management & Investigation (AFMI) Sub-Division                   e. Updating the policies in line with the
    best standards;                                                while the Sanctions Programme enhanced the efficiency     under the Financial Crime Compliance (FCC) Division.                       applicable regulations.
2. Developing policies and procedures in accordance                and accuracy of transaction screening through upgrades    This sub-division is supervised by the Compliance                   2. Detection
    with regulations and recent developments                       to screening tools. Oversight of these programmes         Director, who reports directly to the President Director,              a. Performing proactive detection of
    of the AML CFT CPF Programme by using a                        was also actively conducted through AML CFT CPF           and has direct reporting access to the Board of                            suspicious transactions.
    Risk-Based Approach;                                           Committee meetings involving the Board of Directors       Directors through the Fraud Oversight Committee                        b. Implementing a Whistleblowing System,
3. Developing a robust and customised                              and Board of Commissioners.                               (FOC) and to the Board of Commissioners through the                        whereby any incidents indicating fraud or
    training Programme;                                                                                                      Audit Committee.                                                           misconduct reported through this system are
4. Ensuring reporting mechanisms are in place in line              The Bank continues to pursue continuous improvement                                                                                  recorded by the person-in-charge (PIC) from
    with regulatory expectations;                                  and regular updates to its policies and procedures,       AFMI implements the Bank’s anti-fraud strategy based                       AFMI, to be subsequently investigated.
5. Ensuring compliance with all commitments it made                ensuring that the AML CFT CPF and Sanctions               on four main pillars, which serve as the foundation of the             c. Applying a surveillance system that employs
    as well as with regulatory reporting to regulators with        Programmes remain aligned with regulatory                 Bank’s fraud risk management framework, namely:                            closed-circuit television (CCTV) cameras at
    regard to AML CFT CPF;                                         developments and industry best practices.                 1. Prevention                                                              the head office and branches. Monitoring was
6. Overseeing the effective implementation of                                                                                    Throughout 2025, AFMI implemented various fraud                        conducted on high-risk areas, such as those
    CDD, EDD, periodic reviews in line with AML/                                                                                 prevention initiatives aimed at strengthening anti-                    performing financial transactions (at the tellers
    CFT requirements;                                                                                                            fraud awareness, including:                                            and ATMs), vaults, etc.
7. Ensuring the effectiveness of transaction                                                                                     a. Enhancing awareness of anti-fraud, anti-                     3. Investigation, Reporting, and Sanctions
    monitoring, watchlist, and adverse media screening                                                                               bribery, and anti-corruption practices, as                     Throughout 2025, AFMI successfully handled six
    controls, including alert management and escalation;                                                                             well as whistleblowing mechanisms, among                       (6) fraud cases and four (4) violations involving both
8. Conducting independent quality assurance reviews                                                                                  employees through email blasts, awareness                      internal and external parties. All such cases were
    over AML CFT CPF controls, including root‑cause                                                                                  sessions, and training programmes for both new                 reported to the Financial Services Authority (OJK) in
    analysis and remediation tracking;                                                                                               and existing employees. Anti-fraud awareness                   accordance with applicable regulatory provisions.
9. Leading and maintaining financial crime                                                                                           and whistleblowing mechanisms were also                     4. Monitoring, Evaluation, and Follow-up
    risk assessments;                                                                                                                proactively communicated to customers                          The Bank systematically records all fraud incidents,
10. Ensuring timely, accurate, and well‑governed STR                                                                                 and other third parties through various                        including the type of actions, date of occurrence,
    decision‑making and regulatory reporting;                                                                                        marketing tools.                                               amount of loss incurred, and information related
11. Managing AML‑related issues, audit findings,                                                                                 b. Requiring all employees to take mandatory                       to sanctions imposed on the both internal or
    and regulatory observations through structured                                                                                   block leaves.                                                  external perpetrators.
    remediation and tracking mechanisms;
12. Monitoring regulatory developments and ensuring
                                                                                                                             Internal Fraud in 2025
    timely updates to the AML/CFT framework, policies,
    and controls;                                                                                                            Throughout 2025, the Company identified and took action against five (5) internal fraud cases, as reported to the
13. Producing meaningful AML/CFT metrics and reports                                                                         Financial Services Authority (OJK) through the Anti‑Fraud Strategy Implementation Report for Semester I and
    to support senior management and Board oversight;                                                                        Semester II.

The Bank consistently strengthened the implementation
                                                                                                                                                                                                     Number of Cases Involving
of the AML CFT CPF and Sanctions Programmes
through active coordination between the AML Sub-
Division and all relevant stakeholders. These measures                                                                                      Internal Fraud                  Board of Commissioners
                                                                                                                                                                                                          Permanent Employees        Contract Employees
                                                                                                                                                                             & Board of Directors
ensured regulatory compliance, preserved the integrity
of policies and procedures, and minimised financial
                                                                                                                                                                               2025         2024           2025        2024           2025         2024
crime risks.
                                                                                                                             Total internal fraud cases                          -           -              2            5             -             -

                                                                                                                             Settled                                             -           -              2            4             -             -

                                                                                                                             Under the internal process                          -           -              -            -             -             -

                                                                                                                             Pending                                             -           -              -            -             -             -

                                                                                                                             Followed up by a lawsuit                            -           -              1            1             -             -


                                                                                                                                                                                                                  PT Bank QNB Indonesia Tbk Annual Report 2025
Page 106
208                                                                                                                                                                                                                                                    209
                    2025 Highlights                           Reports to Stakeholders                    Company Profile             Management Discussion and Analysis               Corporate Governance (GCG)             Sustainability




Information technology governance                                                                                                Code of ethics and corporate culture
Information Technology (IT) serves as a fundamental               The Bank also carried out annual penetration                   The Bank affirms the implementation of its Code of             Code of Ethics’ Elements
pillar of the Bank’s operational sustainability, supporting       testing across all internet connectivity channels and          Ethics as a fundamental basis for decision-making by
                                                                                                                                                                                                Integrity and compliance serve as the fundamental
the performance of front-line staff across branches               implemented comprehensive encryption measures for              all employees, ensuring that actions are appropriate,
                                                                                                                                                                                                pillars of all activities within the Bank. All employees
while safeguarding transaction integrity and the                  digital assets, including customer data stored on highly       professional, and aligned with the interests of all
                                                                                                                                                                                                consistently apply the principles of the code of ethics,
protection of customer data. IT also ensures that                 secure on-premises servers. Strict adherence to security       stakeholders. The Bank provides full access to the
                                                                                                                                                                                                which include:
regulatory compliance reporting is conducted accurately           protocols by all personnel further reinforced the trust of     Code of Ethics through the HRIS and intranet portal,
and in a timely manner.                                           customers and transaction partners.                            as well as requires every employee to sign a declaration
                                                                                                                                 acknowledging their understanding of, and commitment           Code of Conduct
Throughout 2025, IT development efforts focused on                                                                               to comply with, these principles. In order to maintain         1. Teamwork
accelerating process automation, simplifying system               Beyond cybersecurity, the Bank ensured the reliability         integrity and performance, the Bank enforces strict            2. Relationships Based on Trust
interfaces across the Bank’s operational network, and             and availability of its IT systems and infrastructure at all   disciplinary measures for any breaches of the Code             3. Protection of the Bank’s and Customers’ Assets and
enhancing cross-platform compatibility. In parallel,              times. Disaster recovery testing was conducted regularly       of Ethics or standard operating procedures, thereby                Interests
the Bank strengthened its IT governance framework                 to ensure preparedness in the event of disruptions,            reinforcing a culture of compliance and accountability at      4. Supplier Relationships
through enhancements to policies and procedures, while            while continuous monitoring enabled the early detection        all levels of the organisation.                                5. Social Responsibility
expanding capabilities to support improved customer               of potential incidents. The back-up infrastructure                                                                            6. Adherence to the Law
service delivery.                                                 remained active and up to date to support seamless                                                                            7. Adherence to All Policies and Procedures of PT Bank
                                                                  service migration should the primary systems encounter         Applicability of the Code of Ethics                                QNB Indonesia Tbk
As part of its infrastructure strengthening initiatives,          any issues.                                                                                                                   8. Disclosure of Confidential Information
                                                                                                                                 The Company reaffirms the comprehensive
the Bank consistently conducted vulnerability                                                                                                                                                   9. Our Word is Our Bond
                                                                                                                                 implementation of its Code of Ethics, which serves as
assessments to identify potential risks and to support                                                                                                                                          10. Restrictions on Working Elsewhere
                                                                                                                                 a guiding framework for all levels of the organisation,
informed strategic decision-making in relation to                 Looking ahead, the Bank remains committed to                                                                                  11. Dealing with the Media
                                                                                                                                 from the Board of Commissioners and Board of
security. All remediation recommendations were                    expanding its IT capabilities to deliver a more integrated                                                                    12. Avoidance of Inducement
                                                                                                                                 Directors to all tiers of management. The Code of
followed up comprehensively and served as the basis               and secure customer experience across all service                                                                             13. Avoidance of Conflicts of Interest
                                                                                                                                 Ethics ensures consistency in values and professional
for infrastructure enhancements, ensuring continued               channels. Internally, system enhancements will focus                                                                          14. Proper Management of Staff Accounts
                                                                                                                                 conduct across the organisation, forming a foundation
adaptability to evolving business requirements and                on improving processing speed, operational efficiency,                                                                        15. Personal Indebtedness
                                                                                                                                 for decision-making as well as for both internal and
prevailing security standards.                                    and employee productivity, while consistently applying                                                                        16. Personal Transactions
                                                                                                                                 external interactions.
                                                                  comprehensive IT risk management across all levels of                                                                         17. Attention to Personal Matters
                                                                  the organisation.                                                                                                             18. Personal Development
                                                                                                                                                                                                19. Integrity in Interpersonal Relationships
                                                                                                                                                                                                20. Personal Conduct
                                                                                                                                                                                                21. Personal Appearance
                                                                                                                                                                                                22. Dealing with QNB Shares
                                                                                                                                                                                                23. Intellectual Property

                                                                                                                                                                                                Security
                                                                                                                                                                                                1. Safety & Security
                                                                                                                                                                                                2. Business Continuity during Challenging Times

                                                                                                                                                                                                Kepatuhan
                                                                                                                                                                                                1.   Whistleblowing
                                                                                                                                                                                                2.   Politics
                                                                                                                                                                                                3.   Fraud, Money Laundering, & Terrorist Financing
                                                                                                                                                                                                4.   Ethical Conflicts/Dilemmas
                                                                                                                                                                                                5.   Concluding Principles




                                                                                                                                                                                                                PT Bank QNB Indonesia Tbk Annual Report 2025
Page 107
210                                                                                                                                                                                                                                  211
                    2025 Highlights                         Reports to Stakeholders                   Company Profile         Management Discussion and Analysis   Corporate Governance (GCG)              Sustainability




Whistleblowing system                                                                                                        Anti-Bribery & Corruption policy
The Bank reaffirms its commitment to an ethical                 the identity of the alleged perpetrator, the chronology of                                                   The Company upholds the highest standards of
workplace culture and the implementation of                     events, and the nature of the alleged violation.                                                             business ethics through a zero-tolerance commitment
good corporate governance practices through the                                                                                                                              to bribery and corruption. This principle underpins every
Whistleblowing System called “AyoLapor,” which                  Whistleblowers may submit reports through the                                                                decision, transaction, and business relationship across
is administered by the Anti-Fraud Management &                  AyoLapor platform via various channels: email at                                                             all operational lines. To ensure compliance, the Bank
Investigation Sub-Division. This system ensures                 ayolapor@qnb.co.id or telephone at +62 21 50857925                                                           implements structured and effective prevention and
a prompt, effective, and confidential mechanism                 for external parties, and extension 8558 (ULJT – Untuk                                                       control systems.
for handling violations, while fully safeguarding the           Lapor Jangan Takut) for internal parties.
anonymity of whistleblowers. Through AyoLapor, the                                                                                                                           Under the Bank’s policies, corruption is defined as the
Bank proactively detects and mitigates both financial           Reports received may also be those escalated by other                                                        abuse of authority in either the public or private sector
and non-financial risks, as well as encourages employees        divisions, alleged fraud events experienced by the                                                           for personal gain. The types include, among others,
to report potential violations at an early stage. This          whistleblower, or other relevant sources.                                                                    bribery, embezzlement, theft, fraud, extortion, conflicts
approach strengthens operational integrity and                                                                                                                               of interest, improper charitable or political contributions,
supports the Bank’s strategic objectives in maintaining                                                                                                                      the acceptance of preferential funding in exchange for
business sustainability.                                        Protection for Whistleblowers                                                                                certain benefits, as well as transactions related to money
                                                                                                                                                                             laundering. It also encompasses any giving or offering
                                                                The Bank ensures full protection for every whistleblower
                                                                                                                                                                             of gifts, facilities, or other advantages intended to
                                                                against any form of harassment or intimidation, while
Whistleblowing System Legal Reference                                                                                                                                        influence decisions, secure contracts, or obtain undue
                                                                securing and guaranteeing the confidentiality of the
                                                                                                                                                                             commercial benefits.
The Bank’s whistleblowing system is established based           whistleblower’s identity.
on OJK Regulation No. 12 of 2024, dated 31 October
                                                                                                                                                                             As part of its ongoing mitigation efforts, the Bank
2024, on the Implementation of Anti-Fraud Strategy for
                                                                                                                                                                             regularly updates its Anti-Bribery and Corruption Policy,
Financial Services Institutions. This regulation will be        Whistleblowing Report Handling                                                                               conducts independent risk assessments, expands
adopted and effective on 1 February 2025.
                                                                The reporting system is administered by the Anti-Fraud                                                       the dissemination of the zero-tolerance principle, and
                                                                Management & Investigation Sub-Division, which is                                                            requires all employees—including members of the Board
                                                                responsible for managing reports, monitoring the                                                             of Directors and Board of Commissioners—to sign an
Scope of Whistleblowing System                                                                                                                                               Integrity Pact as a personal commitment to compliance.
                                                                resolution process, and ensuring the confidentiality of
The system is implemented fairly and comprehensively            both the whistleblower and the reported party. Each
for all individuals within the Bank, across all levels          report is submitted to the Fraud Oversight Committee,                                                        Throughout 2025, there were no incidents of bribery or
of position, including the Board of Directors, Board            which comprises members of the Board of Directors and                                                        corruption across the Bank’s business activities.
of Commissioners, Committees of the Board of                    Senior Management. Where a report contains audit-
Commissioners, as well as external parties who possess          related issues, the documentation is also required to
information regarding alleged violations.                       be submitted to the Chairman of the Audit Committee,                                                         Anti-Corruption Training/Dissemination
                                                                accompanied by a work plan for handling complaints.                                                          Programmes for the Company’s Employees
                                                                In the event that the reported party is a member of the                                                      The Company consistently strengthens employees’
General Provisions of the Whistleblowing                        Fraud Oversight Committee, the recipient of the report                                                       capacity and understanding of the Anti-Corruption
System                                                          is prohibited from forwarding the report to the relevant                                                     Policy through planned and integrated training
                                                                committee member.                                                                                            programmes. These initiatives are designed to ensure
Whistleblowers may be from both internal and
                                                                                                                                                                             that all employees understand the standards of conduct
external parties. Internal parties include all employees
                                                                                                                                                                             that must be upheld and are able to identify and prevent
(permanent, in probation, contract, and outsourced
                                                                Performance                                                                                                  potential violations. The types of training provided
personnel), management (including the Board of
                                                                                                                                                                             include, among others:
Directors), and Board of Commissioners. External                A total of two valid reports were received through
                                                                                                                                                                             1. Anti-Bribery and Anti-Corruption Training
parties may report the violation by providing the correct       AyoLapor throughout 2025. All reports were followed
                                                                                                                                                                             2. Whistleblowing System and Reporting Mechanism
and valid proof (in the form of recordings, photos, etc.)       up and resolved within the same year, either through
                                                                                                                                                                             3. Gift and Entertainment Policy Training
as evidence.                                                    escalation to the relevant units or through formal
                                                                withdrawal by the whistleblowers.
Violators are individuals or entities suspected of
committing violations of laws and regulations, unethical
or immoral conduct, or other actions that may cause             Whistleblowing Reports in 2025
financial or non-financial losses to the Bank.
                                                                         Description                     Total

Whistleblowing Mechanism                                         Total reports received                   2
In the reporting process, whistleblowers are required to
ensure that the information submitted is true, accurate,         With indication of fraud                  1
and complete in order to support the continuation of the
                                                                 Without indication of fraud               1
investigation. The information to be provided includes




                                                                                                                                                                                              PT Bank QNB Indonesia Tbk Annual Report 2025
Page 108
212                                                                                                                                                                                                                                             213
                     2025 Highlights                       Reports to Stakeholders                     Company Profile          Management Discussion and Analysis             Corporate Governance (GCG)             Sustainability




Information disclosure and                                                                                                  Administrative sanctions
access to bank’s information                                                                                                As of 2025, the Company had not established any long-term performance-based compensation
                                                                                                                            programme for its employees.

The Bank ensures comprehensive public disclosure               Information Disclosure Activities in 2025
through various official communication channels,
including public exposes, press releases, and the                  Disclosure Event       Frequency       Disclosure Date
management of its website at www.qnb.co.id. All
information disclosure refers to the principles of
                                                                AGMS                          1            22 April 2025
transparency and accountability in order to maintain
stakeholders’ trust.

                                                                                                                            Policy on the grant of long-term
                                                                EGMS                          -                  -

For customer services, the Bank provides a Contact              Public Expose                 1            4 March 2025


                                                                                                                            performance-based compensation
Centre at (+62 21) 300 55 300 as the primary
channel for enquiries and complaints. Meanwhile,                Customer Gathering            17           All Year Long
members of the mass media may coordinate directly

                                                                                                                            to management and/or employee
via the Corporate Communication email at corporate.             Mass Media Review            153           All Year Long
communication@qnb.co.id.
                                                                Press Release                 13           All Year Long
The Bank consistently disseminates press release to
national print and electronic media and maintains active                                                                    As of 2025, the Company had not established any long-term performance-based compensation
engagement with journalists, enabling the public to                                                                         programme for its employees.
obtain an objective understanding of the Bank’s role
and contributions.

Furthermore, the Bank organises public exposes to
present its financial and operational performance,
including key achievements, strategic challenges,
and organisational developments, to investors,
analysts, fund managers, market participants, and
media. These disclosures serve as an important

                                                                                                                            Policy on disclosure of share ownership
means of strengthening credibility and enhancing
market confidence.


                                                                                                                            by members of the Board of Directors
Litigations                                                                                                                 and Board of Commissioners
Throughout 2025, the Bank handled 12 (twelve) civil cases and 4 (four) criminal cases. All those cases were managed         In accordance with POJK No. 4 of 2024 concerning Reports on Ownership or Changes in Share
through a structured legal process, with the following status of resolution:                                                Ownership of Public Companies and Reports on Share Pledging Activities, the Bank has established
                                                                                                                            a policy that regulates the obligations of members of the Board of Directors and Board of
                                                                                                                            Commissioners to submit information related to ownership and any changes in share ownership of
                                                               Number of Cases                     Date Disclosure          the Bank.
                       Legal Dispute
                                                                      Civil                            Legal

Settled, with a legally binding verdict                             5 (five)                           2 (two)

In the process of settlement                                       7 (seven)                           2 (two)

Total                                                             12 (twelve)                         4 (four)


Throughout the reporting period, none of the members of the Bank’s Board of Commissioners or Board of Directors were
involved in any legal proceedings or disputes before courts or arbitration institutions in Indonesia.




                                                                                                                                                                                                         PT Bank QNB Indonesia Tbk Annual Report 2025
Page 109
214                                                                                                                                                                                                                                                      215
                    2025 Highlights                          Reports to Stakeholders                    Company Profile          Management Discussion and Analysis                 Corporate Governance (GCG)                 Sustainability




Transparency on the Bank’s financial                                                                                      Implementation of OJK’S GCG guidelines
and non-financial performance                                                                                             for public companies
In promoting transparency and accountability, the Bank consistently prepares and publishes                                The Bank has implemented the Guidelines for Good Corporate Governance of Public Companies by taking into account
various official reports, including the Annual Report, Monthly and Quarterly Publication Reports, as                      the provisions of OJK Regulation No. 21/POJK.04/2015 and OJK Circular Letter No. 32/SEOJK.04/2015 regarding
well as supporting documents for the GMS and Public Exposes. All such reports are prepared and                            the Implementation of the Guidelines for Good Corporate Governance of Public Companies into its entire governance
presented in accordance with the prevailing regulatory requirements, including OJK Regulation                             framework, which includes 5 aspects, 8 principles, and 25 main recommendations related to governance practices. The 5
No. 18 of 2025 on Transparency and Publication of Bank Reports and OJK Circular No. 29/                                   (five) aspects of Good Corporate Governance of Public Companies that have been implemented include:
SEOJK.03/2025 on Transparency and Publication of Conventional Commercial Bank Reports,                                    1. The relationship between the Public Company and Shareholders in ensuring the rights of shareholders;
where the regulation informs that the 2025 Publication Report still observes the provisions of OJK                        2. The functions and roles of the Board of Commissioners;
Regulation No. 37/POJK.03/2019 and OJK Circular No. 9/SEOJK.03/2020 on Transparency and                                   3. The functions and roles of the Board of Directors;
Publication of Conventional Commercial Bank Reports. In addition to these regulatory provisions,                          4. Stakeholder participation; and
the Bank also pays attention to POJK No. 8/POJK.04/2015 on Website of Issuer or Public Company                            5. Information transparency.
and the Decree of IDX’s Board of Directors No. Kep-00087/BEI/12-2025 on Regulation No. I-E on
Mandatory Information Submission.                                                                                         To ensure compliance, the Bank conducts a comprehensive evaluation of the fulfillment of each recommendation and
                                                                                                                          transparently reports its implementation status. The details of the fulfillment of recommendations throughout 2025 are
The Bank’s financial and non-financial performance for 2025 has been disclosed through these                              presented below.
reports and submitted separately to the relevant authorities, in addition to the information
summarised in this 2025 Annual Report.
                                                                                                                          Good Corporate Governance Principles and Recommendations

                                                                                                                           No.                                       Principle & Recommendation                                          Implementation

                                                                                                                            A.      The relationship between a public company and its shareholders in ensuring the rights of

Policy on transactions with conflict of
                                                                                                                                    shareholders.

                                                                                                                                    1.   Increasing the value of the execution of the General Meeting of Shareholders (GMS).

interest                                                                                                                                 Recommendations:
                                                                                                                                         a. The public company has a method or technical procedure of voting in public or in
                                                                                                                                                                                                                                          Implemented.

                                                                                                                                            private, which prioritises independence and shareholders’ interests.

Regulations regarding transactions with affiliated parties, related parties, as well as transactions                                     b. All members of the Board of Directors and Board of Commissioners are present at the           Implemented.
that may potentially lead to conflicts of interest are clearly outlined in the Board of Commissioners                                       Annual GMS.
Charter, the Board of Directors Charter, the Code of Ethics, and various internal policies and
procedures of the Bank, and are also incorporated into the rules of each TOR of every committee.                                         c. Summary of the GMS minutes of meeting is available on the public company’s website            Implemented.
In any transaction that involves a potential conflict of interest, members of the Board of Directors                                        for at least one year.
or Board of Commissioners who have an interest are required to refrain from participating in the
decision-making process to maintain the objectivity and independence of the approval. Disclosure                                    2. Enhancing the quality of communication between the public company and its shareholders
of conflicts of interest will be recorded in the meeting minutes and properly documented.                                              or investors.
Throughout 2025, the Bank did not identify or record any transactions involving conflicts
                                                                                                                                         Recommendations:                                                                                 Implemented.
of interest.
                                                                                                                                         a. The public company owns a policy for communication with shareholders or investors.

                                                                                                                                         b. The public company discloses its policy for communication with shareholders or                Implemented.
                                                                                                                                            investors on its Website.

                                                                                                                            B.      Function and Role of the Board of Commissioners

                                                                                                                                    3. Strengthening the membership and composition of the Board of Commissioners

                                                                                                                                         Recommendations:                                                                                 Implemented.
                                                                                                                                         a. The determination of the number of Commissioners considers the condition of the
                                                                                                                                            public company.

                                                                                                                                         b. The determination of the composition of the Board of Commissioners considers the              Implemented.
                                                                                                                                            diversity of required skills, knowledge, and experience.

                                                                                                                                    4. Increasing the quality of performing duties and responsibilities of the Board of
                                                                                                                                       Commissioners.

                                                                                                                                         Recommendations:                                                                                 Implemented.
                                                                                                                                         a. The Board of Commissioners has a self-assessment policy to evaluate the performance
                                                                                                                                            of the Board of Commissioners.


                                                                                                                                                                                                                  PT Bank QNB Indonesia Tbk Annual Report 2025
Page 110
216                                                                                                                                                                                                                                                                217
                     2025 Highlights                            Reports to Stakeholders                    Company Profile       Management Discussion and Analysis                      Corporate Governance (GCG)                    Sustainability




 No.                                      Principle & Recommendation                                       Implementation    Risk management
            b. The self-assessment policy that evaluates the performance of the Board of                    Implemented.
               Commissioners is disclosed in the Annual Report of the public company.
                                                                                                                             Bank has a framework for managing risk that is effective,
            c. The Board of Commissioners has a policy on the resignation of any Board of
               Commissioners member involved in financial crimes.
                                                                                                            Implemented.     comprehensive and consistent. Risks are appropriately identified,
                                                                                                                             evaluated and managed with full consideration of interrelationships
            d. The Board of Commissioners or committee that performs the nomination and                     Implemented.
               remuneration function arranges the succession policy in the process of Nominating a                           among risks. The risk management framework contains risk
               member of the Board of Directors.
                                                                                                                             management governance, risk management processes, and risk
 C.    Function and Role of the Board of Directors
                                                                                                                             management tools in line with the Bank’s vision, mission and
       5. Strengthening the membership and the composition of the Board of Directors.                                        business strategy.
            Recommendations:                                                                                Implemented.
            a. The determination of the number of Directors considers the current condition of the                           The risk framework will be continuously enhanced by adapting the Enterprise Risk Management (“ERM”) operating
               public company and the effectiveness of decision-making.                                                      model to incorporate leading risk management principles. Additionally, the BoC and BoD are responsible for defining risk
                                                                                                                             management framework on Risk Appetite Statement (RAS), while ensuring that detailed policies pertain to limitations for
            b. The determination of the Board of Directors composition considers the diversity of           Implemented.
                                                                                                                             the organisation towards the Bank’s activities.
               expertise, knowledge, and required experience.

            c. A member of the Board of Directors who oversees accounting or finance has the                Implemented.
               expertise and/or knowledge in accounting.                                                                     Risk Management Governance

       6. Increasing the quality of the duties and responsibilities of the Board of Directors.
                                                                                                                                                                                              General Meeting of Shareholders

            Recommendations:                                                                                Implemented.
            a. The Board of Directors has a self-assessment policy to evaluate the performance of the
               Board of Directors.
                                                                                                                                                                                                 Board of Commissioners
            b. The self-assessment policy that evaluates the performance of the Board of Directors is       Implemented.
               disclosed in the Annual Report of the public company.

            c. The Board of Directors has a policy on the resignation of any Board of Directors member      Implemented.                                                                                              Remuneration and Nomination
                                                                                                                                    Audit Committee                    Risk Oversight Committee
               involved in financial crimes.                                                                                                                                                                                 Committee


 D.    Stakeholders Participation

                                                                                                                                                                                                     Board of Directors
       7.   Increasing the Company’s governance aspect through stakeholders’ participation.

            Recommendations:                                                                                Implemented.
            a. The public company has a policy to prevent insider trading.
                                                                                                                                                               Risk Committee                                                              Operations Committee
            b. The public company has an anti-corruption and anti-fraud policy.                             Implemented.

            c. The public company has a policy that governs the selection and capability enhancement        Implemented.               Risk Management                              Governance, Risk,
                                                                                                                                                                                                                                                IT Committee
               of its suppliers and vendors.                                                                                              Committee                               Compliance Committee

            d. The public company has a policy on the fulfilment of creditors’ rights.                      Implemented.
                                                                                                                                       Asset and Liability                      New Products and Activities                                   Human Resources
                                                                                                                                          Committee                                    Committee                                                Committee
            e. The public company has a whistleblowing system policy.                                       Implemented.

            f.   The public company has a policy on the provision of long-term incentives for the Board     Implemented.               Credit Committee                             Credit Committee                                        Purchasing Committee
                 of Directors and employees.

 E.    Information Disclosure                                                                                                     Operational Risk Committee                      Early Alert Committee

       8. Enhancing information disclosure implementation.
                                                                                                                                  Fraud Oversight Committee                     (AI) Governance Committee
            Recommendations:                                                                                Implemented.
            a. The public company utilises information technology more extensively, in addition to the
               website, as a means of information disclosure.                                                                       Credit Policy Committee                          ESG Committee

            b. The annual report of the public company discloses the ultimate beneficial owner(s) of        Implemented.
               at least 5% of the public company’s shares, in addition to the disclosure of the ultimate                              Information Security
                                                                                                                                                                                 AML CFT CPF Committee
               beneficial owner(s) of the public company’s shares through the majority and controlling                                     Committee
               shareholder(s).


                                                                                                                                                                                                                          PT Bank QNB Indonesia Tbk Annual Report 2025
Page 111
218                                                                                                                                                                                                                                                  219
                   2025 Highlights                          Reports to Stakeholders                   Company Profile             Management Discussion and Analysis                Corporate Governance (GCG)             Sustainability




A strong risk governance structure ensures                      1.   Directing                                               Risk Management Tools                                            6. Conducting Climate Risk Stress Testing (CRST) with
effectiveness and consistency of risk management                     To identify and understand the principal risks                                                                               trial run result submitted to OJK in August 2025.
                                                                                                                             The development of the Bank’s business plan is based
framework. At QNB Indonesia, the BoC and BoD are                     acceptable to the Bank in pursuing its strategy,                                                                             The CRST covers credit risk, market risk, liquidity
                                                                                                                             on the perspective that a good balance between risk
responsible for overseeing, monitoring and managing                  developing the risk appetite, as well as establishing                                                                        risk and operational risk. The pre-planned CSRT is
                                                                                                                             and benefits must be maintained to achieve long-term
the risks encountered by the Bank, as well as developing             and communicating the relevant control and                                                                                   directly aligned with the Bank’s intention to focus
                                                                                                                             growth for shareholders.
risk management culture at all levels of the organisation            reporting frameworks for each risk, including                                                                                on sustainable sectors and renewable energy in the
to ensure that all work units understand the Bank’s                  responsibilities, authorities, and key contributors.                                                                         long run.
                                                                                                                             RAS elaborates the level and characteristics of risks
strategy, risk appetite, and risk management framework.         2.   Assessing                                                                                                                7. Delivering comprehensive risk awareness training to
                                                                                                                             taken by the Bank. The BoC and BoD are responsible
                                                                     To establish processes for evaluating each risk,                                                                             branches and Head Office employees, covering key
                                                                                                                             to define RAS while ensuring that detailed policies
The BoC is assisted by the Risk Oversight Committee                  agreeing on measurement approaches and reporting                                                                             risk areas.
                                                                                                                             pertaining to limitations for the organisation towards
(ROC), which is responsible for reviewing all risk areas             standards, developing measurement methodologies                                                                          8. Implementing mandatory Business Continuity
                                                                                                                             the Bank’s activities have been stated in applicable Risk
and analysing other areas related to risk, mitigation                and models, as well as assessing internal capital                                                                            (BC) Coordinator training through online
                                                                                                                             Management Policy.
controls, and potential losses. The BoC delegates its                requirements and regulations.                                                                                                e-Learning, ensuring annual compliance for
authority to the BoD to implement the risk management           3.   Controlling                                                                                                                  appointed coordinators.
                                                                                                                             RAS monitoring are reported periodically to the
framework, and the BoD has subsequently established                  To establish control processes, including limit                                                                          9. Conducting business continuity table top testing
                                                                                                                             management as well as to the Risk Management
various committees, including the Risk Management                    structure, provisioning criteria and reporting                                                                               to ensure business and functions understand
                                                                                                                             Committee (RMC) and the Board Risk Oversight
Committee. All committees which operate under                        requirements, develop limit structures, key risk                                                                             and aware of their roles and responsibilities as
                                                                                                                             Committee (ROC), to ensure compliance and be
and report to BoD have primary function of providing                 indicators and early warning indicators for each                                                                             established in their business continuity plans.
                                                                                                                             rectified if needed.
support, analysis, and recommendation to assist                      risk, continuous monitoring of controls and                                                                              10. Conducting mobility and Disaster Recovery (DR)
the BoD in its decision-making process. Each BoD                     adherence to risk direction and limits, and ensure                                                                           testing for critical applications to ensure seamless
                                                                                                                             The Bank sets the risk limits by taking into account
committee holds an equal standing with no hierarchical               that risk management practices and conditions                                                                                business-as-usual (BAU) processes transition to
                                                                                                                             the capability of its capital to absorb risk exposure,
authority over one another.                                          are appropriate for the business environment.                                                                                alternate sites during disruptions.
                                                                                                                             manage potential losses, improve the skills of its human
                                                                     Monitoring encompasses ongoing processes                                                                                 11. Developing Identity Access Management system to
                                                                                                                             resources, and comply with the prevailing regulations.
In identifying, assessing, monitoring, controlling, and              integrated into the Bank’s routine operational                                                                               support periodic user access review.
reporting risks, the Bank implements the three lines                 activities, as well as recommendations from internal                                                                     12. Strengthening IT Risk management by setting
                                                                                                                             In April 2025, the Bank has reviewed of Risk Profile
of defense approach. In this approach, business units                and external audits.                                                                                                         KRIs for cyber incidents, IT security system
                                                                                                                             Weighted to maintain the Risk Profile aligned
act as the first line of defense; the Risk Management           4.   Reporting                                                                                                                    outages, and identifying servers with Critical and
                                                                                                                             with the Bank’s business activity and current
and the Compliance Directorate act as the second line                To interpret and report risks and the outcomes                                                                               High vulnerabilities.
                                                                                                                             business environment.
of defense in providing independent monitoring, and                  of risk-taking activities, interpret and report on                                                                       13. Monitoring reputational risk through KRIs for media
the Internal Audit acts as the third line of defense in              sensitivities and key risk indicators, communicate                                                                           publications and complaints, supported by daily
providing independent assurance and consultation.                    with external stakeholders, and ensure all risks are    Risk Management Focus in 2025                                        media monitoring.
                                                                     reported comprehensively and on a regular basis.        The priorities for risk management development in                14. Introducing new Liquidity Risk KRIs to closely track
                                                                5.   Managing/Challenging                                    2025 focused on:                                                     funding concentration, deposits movement, and
Risk Management Process                                              To review and challenge the Bank’s risk profile and                                                                          overall liquidity health, reducing dependency risks
                                                                     risk appetite; assessing the Bank’s risk/return         1.   Maintaining loan quality by applying a highly                   across both rupiah and foreign currencies.
The overall objective of the risk management process
                                                                     profile and evaluating new opportunities related             selective approach for both new and existing                15. Reporting funding concentration risks, liquidity
the Bank is to ensure shareholder value. Control and
                                                                     to risk/return; reviewing and challenging risk               loans, adhering to Credit Policy Principles, Risk               projection, New-to-Bank (NTB) achievements
policies are focused on risks that could prevent the
                                                                     management practices; and formulating appropriate            Acceptance Criteria (RAC), and guided by OJK’s                  regularly through the Assets and Liabilities
Bank achieving its business objectives and desired
                                                                     mitigation actions.                                          directives on blacklisted industries.                           Committee (ALCO).
shareholder value-added.
                                                                                                                             2.   Monitoring Low Quality Loans (LQL) and                      16. The bank has performed ongoing monitoring and
                                                                Enterprise Risk Management is a function under Market,            restructured accounts by strengthening the early                rebalancing portfolio to determine the optimal
All risks are qualitatively evaluated on a recurring
                                                                Liquidity & Enterprise Risk and responsible for the               warning framework, supported by Early Alert                     allocation of long-term asset investments as a
basis and wherever practical, the evaluation includes
                                                                oversight of risk profile of the Bank.                            Committee meetings.                                             mitigation to maintain the IRRBB exposure within
quantitative analysis. Risk assessments consider the
                                                                                                                             3.   Conducting regular stress tests to measure the                  the approved limit.
effects of both likely and unlikely events.
                                                                The overall objective of Enterprise Risk Management               adequacy of the Bank’s capital and provisions,              17. Delivering the first trial report of the Internal
                                                                is to establish an integrated and effective risk                  especially on Top 25 Group/Individual Debtors and               Liquidity Adequation Assessment Process (ILAAP)
The Bank, structured risk assessment takes place in an
                                                                management framework where all risks are identified,              debtors under restructuring scheme.                             to OJK in May 2025 prior to official reporting
integrated manner across all risk types and businesses
                                                                quantified and managed on a consistent basis.                4.   Automating and improving processes of calculating               in 2027.
in accordance with an established risk management
                                                                                                                                  Expected Credit Loss (ECL).                                 18. Managing Strategic Risk by setting KRIs to monitor
framework. A five-step approach consisting of process
                                                                The functions within Enterprise Risk Management              5.   Monitoring movements of Top 10 Largest Loan                     the achievement of profitability targets and business
elements namely direct, assess, control, report and
                                                                include risk type management, risk process                        Ratio (LLR) and ensure reduction of Credit                      growth objectives.
manage/challenge is followed.
                                                                management (risk identification, assessment and                   Concentration Risk.
                                                                response) and business unit management.




                                                                                                                                                                                                              PT Bank QNB Indonesia Tbk Annual Report 2025
Page 112
220                                                                                                                                                                                                                                                     221
                         2025 Highlights                      Reports to Stakeholders                   Company Profile             Management Discussion and Analysis                Corporate Governance (GCG)              Sustainability




19. Develop the Recovery Plan to identify viable                  24. Perform risk-focused reviews of policy and                In response to identified potential risks, the Company          material adverse impact on earnings or on the way
    recovery options under potential extraordinary                    procedure that have direct impact to financial            implements a series of mitigation measures aimed at             the Bank is perceived in the market. We maintain a
    crisis conditions related to Capital, Liquidity, Asset            reporting to assess control adequacy against the          maintaining operational stability and strengthening             comprehensive liquidity control framework to manage
    Quality, and Profitability, in accordance with OJK’s              minimum requirements set out in POJK No. 15 Year          corporate resilience. These measures include:                   the Bank’s liquidity and funding risk in a robust manner.
    prescribed regulation.                                            2024, and identify areas requiring strengthening to
20. Provide regular simulation on market and                          mitigate potential financial reporting risks.                                                                             Through this framework, we help to control and optimise
    liquidity risk ratios to business unit as part of the         25. Conduct sharing sessions, awareness campaign, and         Credit Risk                                                     the risk-return profile of the Bank. The Bank monitors
    advisory duty from Market, Liquidity & Enterprise                 advisory related to ICOFR to strengthen the control                                                                       this risk using a number of metrics to ensure that the
                                                                                                                                The Bank manages credit risk through the establishment
    Risk function.                                                    culture related to financial reporting across the Bank.                                                                   risk remains with appetite, including the Liquidity
                                                                                                                                of a series of policies and processes that ensure
21. Closely monitoring all ongoing legal cases and the            26. Implement the Bank’s first ICOFR review for FY                                                                            Coverage Ratio (LCR) and the Net Stable Funding Ratio
                                                                                                                                prudence and thoroughness. Every credit decision
    performance of external lawyers and implementing                  2025, covering 15 selected financial statement                                                                            (NSFR). Further, the Bank operates within AL/DPK limits
                                                                                                                                is approved by an authorised credit authority based
    effective control over legal cost and legal strategy.             accounts, to evaluate the design and operating                                                                            as per OJK requirement and RIM (LDR) threshold as per
                                                                                                                                on a loan approval matrix. Developments which may
22. Implementing Risk Champion Programme and Risk                     effectiveness of key controls and address risks                                                                           BI regulation.
                                                                                                                                affect the Bank’s credit portfolio are monitored by the
    Forum to improve risk awareness and culture for all               that may affect the accuracy and reliability of
                                                                                                                                Early Alert Committee to anticipate declining credit
    employees within the Bank.                                        financial reporting.                                                                                                      In practice, the Bank is also committed to monitor
                                                                                                                                quality from the adverse impacts of global economy
23. Develop a methodology and governance framework                                                                                                                                              the funding concentration risk metrics to avoid over-
                                                                                                                                and US economy policy. The Bank conducts stress
    for the Bank’s Internal Control over Financial                                                                                                                                              reliance on a number of specific depositors and present
                                                                                                                                tests on debtors with large exposures regularly, and
    Reporting (ICOFR), defining scope and risk-                                                                                                                                                 an overview of the potential liquidity risk arising from
                                                                                                                                established guidelines in monitoring loan portfolios
    based assessment priorities, to ensure structured                                                                                                                                           funding concentration issue. The topic is regularly
                                                                                                                                such as Industry Limit and RAS to avoid concentration
    risk identification and mitigation of financial                                                                                                                                             presented on ALCO meeting and daily Market and
                                                                                                                                of risk in certain sectors. Review of credit risk
    reporting risk.                                                                                                                                                                             Liquidity Risk report to BoD, Treasury & Financial
                                                                                                                                management methodologies, including improving
                                                                                                                                                                                                Institution, Business Unit, and Finance.
                                                                                                                                credit policies and Credit Procedures, especially for
                                                                                                                                Corporate & Institutional Banking segment, is carried
Risks profile and mitigation measures                                                                                                                                                           The Bank has completed the trial report submission
                                                                                                                                out continuously.
                                                                                                                                                                                                to OJK for Internal Liquidity Adequacy Assessment
Bank Risk Profile as of 31 December 2025                                                                                                                                                        Process (ILAAP), to ensure that the Bank has adequate
                                                                                                                                                                                                liquidity in both normal and stress conditions, consistent
                                                                       Risk Management                                          Market Risk                                                     with its risk profile, business model, risk appetite and
     No.                 Risk              Inherent Risk Rating      Implementation Quality            Risk Level Rating        Oversight of market risk is delegated by the BoD to             funding strategy.
                                                                            Rating
                                                                                                                                the Asset and Liability Committee (ALCO). Market risk
                                                                                                                                exposures primarily relate to interest rate risk in the
 1         Credit Risk                             3                            3                             3                 banking book (IRRBB) and FX risks that generally arise          Operational Risk
                                                                                                                                as a result of the Bank’s day-to-day business activities.
 2         Market Risk                             2                            2                             2                                                                                 The Bank has its risk appetite and risk tolerance serving
                                                                                                                                Our market risk function through Market, Liquidity &
                                                                                                                                                                                                a reference or limit in managing operational risk. The
                                                                                                                                Enterprise Risk Management monitors all market risks
 3         Liquidity Risk                          2                            2                             2                                                                                 Board of Directors and Board of Commissioners play an
                                                                                                                                within the ALCO-approved delegated authority limits
                                                                                                                                                                                                active role in overseeing operational risk management
 4         Operational Risk                        3                            3                             3                 and product mandates. The market risk limits are set
                                                                                                                                                                                                through related committees. The Bank has adequate
                                                                                                                                at conservative levels to reflect a limited appetite for
                                                                                                                                                                                                organisational tools in line with its business scale and
 5         Legal Risk                              2                            2                             2                 this type of risk exposure. IRRBB is measured using the
                                                                                                                                                                                                complexity to support operational risk management.
                                                                                                                                parameters of Net Interest Income (NII), Economic Value
                                                                                                                                                                                                At present, there is the Operational Risk Division and IT
6          Strategic Risk                          3                            3                             3                 of Equity (EVE) and PV01. While in measuring FX Risk,
                                                                                                                                                                                                Security & Risk Division under the Risk Management,
                                                                                                                                Bank is using the Net Open Position (NOP) and Value at
7          Compliance Risk                         2                            2                             2
                                                                                                                                                                                                and the Anti-Fraud Management & Investigation Division
                                                                                                                                Risk (VaR).
                                                                                                                                                                                                under the Compliance Directorate. They have various
8          Reputational Risk                       2                            2                             2                                                                                 responsibilities related to managing operational risk,
                                                                                                                                                                                                IT risk, and fraud risk. The Bank also has implemented
                                                                                                                                Liquidity Risk                                                  Operational Risk Management Policies, Event Loss Data
Composite Risk                                                                                                2
                                                                                                                                To ensure a sustainable, profitable business and to retain      Management, RCSA, Business Continuity Management,
                                                                                                                                the confidence of the financial markets, the prudent            as well as other standards and transactional limits. Every
                                                                                                                                management of liquidity is essential. The responsibility        risk or risk event identified by Line 1, Line 2 and Internal
                                                                                                                                for liquidity management ultimately resides with                Audit will be determined as a follow-up improvement or
                                                                                                                                the BoD, with day-to-day management oversight                   mitigation to minimise and mitigate the risk as well as to
                                                                                                                                being delegated to the ALCO. The risk management                prevent the recurrence of events in the future. Training
                                                                                                                                oversight process provides assurance that the Bank’s            to enhance employees’ operational risk awareness is
                                                                                                                                resources are sufficient in amount and diversity. This          regularly conducted.
                                                                                                                                allows for planned and unplanned increases in funding
                                                                                                                                requirements to be accommodated routinely without




                                                                                                                                                                                                                 PT Bank QNB Indonesia Tbk Annual Report 2025
Page 113
222                                                                                                                                                                                                                                                    223
                    2025 Highlights                           Reports to Stakeholders                  Company Profile             Management Discussion and Analysis                 Corporate Governance (GCG)             Sustainability




Legal Risk                                                        One of the efforts to mitigate compliance risk is by        Evaluation on Risk Management Effectiveness                       Bank since OJK currently focuses to revise the scenarios
                                                                  monitoring regulatory fines through discussions                                                                               for all Banks to be more aligned with Indonesia’s
Legal risks are managed by the Legal Division under                                                                           Evaluation and review of RMF is carried out internally
                                                                  involving related units and socialising provisions or                                                                         condition. Internally, the Bank will prepare to have more
the Bank’s second line of defense framework, providing                                                                        and externally to measure its efficacy. The RMC is the
                                                                  regulations if necessary to minimise the recurrence of                                                                        detail and reliable data sources for CRST in 2027.
independent oversight to ensure the compliance                                                                                highest risk committee, and the Audit Committee
                                                                  reporting errors in the future.
with applicable laws, regulations and contractual                                                                             functions as an internal party responsible for reviewing
                                                                                                                                                                                                The Bank will perform Internal Control Over Financial
obligations. Standardised forms or agreements are                                                                             policies and implementing the RMF. They also provide
                                                                  The Regulatory Compliance Division ensures that the                                                                           Reporting (ICOFR) evaluation testing and prepare
regularly reviewed and monitored to ensure proper                                                                             advice and recommendations to the BoC as part of
                                                                  implementation of Data Protection is in accordance                                                                            the reporting to regulator. These initiatives reflect
implementation and enforceability.                                                                                            oversight function.
                                                                  with applicable laws and regulations, including                                                                               the Bank’s ongoing commitment to strengthening
                                                                  by implementing a framework by considering the                                                                                governance practices, enhancing financial reporting
Legal risk is proactively assessed in collaboration with                                                                      Internal Audit periodically reviews and examines
                                                                  objectives of Data Privacy and all data processing                                                                            discipline, and upholding the integrity and quality of
business units, risk management, compliance and                                                                               application of risk management based on the
                                                                  activities that occur within the Bank. Regulatory                                                                             its financial reporting process. The Bank will continue
other relevant divisions or working units, particularly in                                                                    principle of risk-based audit. Externally, the Bank’s risk
                                                                  Compliance Division has also improved the                                                                                     to strengthen its financial risk review by evolving its
relation to new product and regulatory developments. To                                                                       management is evaluated by external auditors and
                                                                  implementation of the Internal Control (compliance                                                                            approach. Going forward, the review approach will lean
promote a strong legal risk culture, regular legal training                                                                   regulators.
                                                                  testing) to assess the effectiveness of the Bank’s                                                                            more towards thematic and in-depth assessment,
and annual legal risk awareness are conducted for the
                                                                  internal control design and system in accordance with                                                                         covering the end-to-end financial reporting process to
Bank’s employees.                                                                                                             As of December 2025, based on the Bank’s internal
                                                                  regulatory requirements..                                                                                                     ensure comprehensive risk identification and control
                                                                                                                              assessment, the overall Bank’s quality of risk
                                                                                                                                                                                                effectiveness. The Bank will also evaluate the adequacy
Litigation matters are handled by independent external                                                                        management implementation was rated 2 (Satisfactory).
                                                                                                                                                                                                of key risk controls changes based on the 2025 ICOFR
lawyers and overseen by internal litigation team of Legal
                                                                  Risks Related to the Implementation of                                                                                        review results. Through the FRR Division, the Bank will
Division, with ongoing monitoring and periodic or ad-                                                                         Based on this result, the BoD evaluated that the
                                                                                                                                                                                                continue to review all processes across the Bank and
hoc reporting to management. As of the reporting date,            Sustainable Finance                                         Bank’s existing risk management system is adequate
                                                                                                                                                                                                raise any necessary control enhancements to ensure
no material losses have arisen from litigation or court           a comprehensive and integrated risk management              to oversee and manage all the risks from its current
                                                                                                                                                                                                alignment with POJK No. 15 of 2024. From these
orders faced by the Bank                                          framework with stringent internal controls. The             business undertakings.
                                                                                                                                                                                                initiaves, the Bank expects to further improve financial
                                                                  integrated risk management framework outlines a                                                                               reporting risk management and strengthen good
                                                                  structured approach to identifying, assessing, and                                                                            governance practices.
Strategic and Reputational Risk                                   managing risk that aligns with sustainable development      Risk Management Initiatives for 2026
The Bank is continually reviewing its strategic plan,             objectives. This framework incorporates conventional        The Bank plans to continue strengthening its Third-               As part of the continued implementation of Internal
analysing steps that have been done, and ensuring                 risk factors alongside environmental, social, and           Party Risk Management (TPRM) framework to                         Liquidity Adequacy Assessment Process (ILAAP), the
that all plans are running in accordance with its mission         governance (ESG) criteria, ensuring the Bank’s resilience   manage potential operational risks from third-party               Bank will prepare the infrastructure related to intraday
and vision. Reputation risk is managed by Customer                against both financial and sustainability-related           engagements. The Risk and Control Self-Assessment                 monitoring to support the Bank’s liquidity monitoring
Experience and Corporate Communication, whereby                   challenges.                                                 (RCSA) implementation will be ongoing, alongside                  process starting 2026.
the Bank has a Contact Center for customers and                                                                               efforts to promote risk management awareness across
performs consistent media monitoring. External parties,           The Bank also reviews its portfolio management strategy     branch networks and the Head Office.                              Additionally, as part of the attempt to improve risk
i.e. customers, media, or third parties, may submit               for each debtor and prospective debtor, ensuring                                                                              awareness and escalation process throughout all levels
their complaint via telephone and/or email that will be           ownership of Environmental Impact Analysis (AMDAL)          The Bank will review its risk appetite and KRIs in line with      within the Bank, the Risk Champion Programme and
answered by the relevant party according to the subject           and compliance with the Company Performance Rating          the Bank’s Business Plan, with further development of             Risk Forum will be continued. Each directorate will
and the prevailing provisions in the Bank.                        Assessment Programme in Environmental Management            KRIs to be initiated. Additionally, the Bank focuses on           be represented by at least one risk champion during
                                                                  (PROPER), placing an emphasis on environmental              enhancing internal control in Line 1, in collaboration with       the pre-planned bi-monthly forum. The forum will be
                                                                  sustainability when giving credit approvals. As part        Risk, Compliance, and Internal Audit departments, while           the central platform for all employees to express their
Compliance Risk                                                   of its long-term strategy, the Bank aims to focus on        ensuring timely updates to policies and procedures as             concern and voice their suggestion to improve risk
                                                                  sustainable sectors and renewable energy. The Bank          part of its governance framework.                                 management control and monitoring within the Bank.
Regulatory Compliance Division is responsible for                 is developing the Environmental and Social Risk
managing compliance risks through Governance, Risk,               Management (ESRM) Policy Framework and completed            The Bank already submitted the Climate Risk Stress
and Compliance (GRC) forum, socialisation of new                  the implementation of Climate Risk Stress Testing           Testing (CRST) result for 2025 to OJK in July 2025.
regulations or provisions issued by regulators, sending           (CRST).                                                     The CSRT is directly aligned with the Bank’s intention
email blasts and email reminders of reports through
                                                                                                                              to focus on sustainable sectors and renewable energy in
the Compliance Reminder System (COMPLY) related
                                                                                                                              the long run. OJK has already confirmed that there will
to reporting obligations for each work units. Regulatory
                                                                                                                              be no CRST exercise and submission in 2026 for the
Compliance Division also provides reviews and
recommendations for internal policies and procedures,
as well as compliance assessment/opinions on new
products and activities which will be and/or have been
implemented by the Bank. In addition, it also provides
reviews on products terminations and office network
closures.




                                                                                                                                                                                                                PT Bank QNB Indonesia Tbk Annual Report 2025
Page 114
224                                                                                                                                                                                                                                                                     225
                     2025 Highlights                                 Reports to Stakeholders                   Company Profile                  Management Discussion and Analysis                 Corporate Governance (GCG)                 Sustainability




Statement of the Board of Directors
and/or Board of Commissioners or Audit                                                                                                Additional Disclosures on the Quality of Credit on                            drawn, as well as the potential amount that can be

Committee on the adequacy of the risk
                                                                                                                                      Assets (CRB)                                                                  drawn in the future under the contract, estimated
                                                                                                                                      1.       Measurement of Expected Credit Losses (KKE)                          based on historical observations and forward-


management system
                                                                                                                                               The main inputs for the measurement of expected                      looking estimates.
                                                                                                                                               credit losses (KKE) are the following variables:
                                                                                                                                               a. probability of default (PD);                                      The calculation of reserves for impairment losses
                                                                                                                                               b. loss given default (LGD); and                                     will be calculated according to each risk level
                                                                                                                                               c. exposure at default (EAD).                                        (staging), namely for the next 12 months for stage
The evaluation results confirm that the Bank’s risk management system is adequate and functions effectively in                                                                                                      1 (performing), as well as over the life of the bill
identifying, monitoring, and controlling risks across all lines of business. These findings provide assurance to the Board                     These parameters are generally derived from                          (lifetime) for stage 2 (underperforming) and stage 3
of Directors that the implemented risk management framework is capable of supporting operational continuity and                                internally developed statistical models and                          (non-performing).
maintaining the Bank’s resilience amid market dynamics.                                                                                        other historical data. These parameters are
                                                                                                                                               adjusted to reflect forward-looking information as                2. Forward-looking information
                                                                                                                                                                                                                    Bank employs statistical models to incorporate
Disclosure of Credit Quality to Assets - Bank Unconsolidated                                                                                   described above.
                                                                                                                                                                                                                    macroeconomic variables (MEVs) into its
                                                                                                                                               PD estimates are estimates made on a specific date,                  historical default rate calculations. This approach
December 2025                                                                                                                                  calculated using a statistical ranking model that                    ensures that credit risk estimates reflect not only
                                                                                                                (in million Rupiah)                                                                                 past performance but also anticipated future
                                                                                                                                               assesses the likelihood of default occurring within a
                                                                                                                                               certain time period. This statistical model is primarily             economic conditions.
                            Gross Carrying Amount          Allowance                CKPN                                                       based on internally compiled data, which includes
                                                               for                                                                             both quantitative and qualitative factors, and is                    In practice, Bank develops a set of macroeconomic
                                                                                                       CKPN (IRB       Net                                                                                          scenarios such as baseline, optimistic, and
                                                          Impairment                                                                           supplemented with external credit assessment data
                            Matured                                          Stage 2                   Approach)      Amount                                                                                        pessimistic covering indicators including GDP
 No                                       Outstanding        Assets                        Stage 1                                             where available.
                            Claims                          (CKPN)         and Stage 3                                                                                                                              growth, inflation, unemployment rates, exchange
                                            Claims
                                                                                                                                               LGD is the size of the possible loss in the event                    rates, interest rates, and commodity prices.
                                                                                                                                               of a payment default. The Bank estimates LGD                         Each scenario is assigned a probability weight
                               a               b                 c              d             e            f              g                                                                                         that reflects management’s current outlook and
                                                                                                                                               parameters based on LGD benchmarked internally.
                                                                                                                                               The LGD model considers the estimated collateral                     forward‑looking expectations regarding the
  1    Credit                              9,611,032       376,825           294,433       82,392                     9,453,425                                                                                     economic environment.
                                                                                                                                               value and recovery costs of each collateral that is an
                                                                                                                                               integral part of a financial asset.
  2     Securities                -         1,481,150            -              -              -                      1,481,150                                                                                     The methodologies and assumptions underlying
                                                                                                                                               EAD represents the expected exposure in the event                    these forward‑looking inputs are subject to regular
       Administrative             -               -              -              -              -                          -
                                                                                                                                               of default. Banks derive EAD from current exposure                   review to ensure ongoing relevance, accuracy, and
  3    Account
                                                                                                                                               to counterparties and potential changes to current                   responsiveness to changes in economic dynamics.
       Transactions
                                                                                                                                               value permitted under the contract, including                        This review process includes updates to MEV
  4    Total                219,218        11,092,182      376,825           294,433       82,392                    10,934,576                amortisation. The EAD of a financial asset is the                    data, model performance evaluation, periodic
                                                                                                                                               gross carrying amount. For credit commitments and                    recalibration, and oversight by risk management and
                                                                                                                                               financial guarantees, the EAD includes the amount                    internal governance functions.

Disclosure of Credit Quality to Assets - Bank Unconsolidated
December 2024
                                                                                                                (in million Rupiah)
                                                                                                                                      Disclosure of Changes in Overdue Credit and Securities Claims (CR2) - Bank Unconsolidated
                           Gross Carrying Amount           Allowance                CKPN                                              December 2025
                                                                                                                                                                                                                                                          (in million Rupiah)
                                                               for
                                                                                                       CKPN (IRB       Net
                                                          Impairment
                           Matured        Outstanding                        Stage 2                   Approach)      Amount           No                                                                                                    2025               2024
 No                                                          Assets                        Stage 1
                           Claims           Claims          (CKPN)         and Stage 3
                                                                                                                                           1     Matured Credit and Securities in the last reporting period                                   448,223             463,584
                              a               b                 c              d             e            f              g
                                                                                                                                           2     Matured Credit and Securities since the last reporting period                                       57            40,370

  1     Credit              448,223        8,054,957           479,684        427,196      52,488                    8,023,496             3     Credit and Securities, which reversed to Outstanding Claims                                     3,557            466,273

  2    Securities                     -    2,065,635                   -               -           -                 2,065,635             4     Write off Amount                                                                                     -                   3

       Administrative                 -               -                -               -           -                           -           5     Other Changes                                                                              (225,505)             410,545
  3    Account
       Transactions                                                                                                                        6     Matured Credit and Securities at the end of the reporting period (1+2-3-4+5)                  219,218            448,223

  4    Total               448,223        10,120,592       479,684           427,196       52,488                    10,089,131



                                                                                                                                                                                                                                 PT Bank QNB Indonesia Tbk Annual Report 2025
Page 115
226                                                                                                                                                                                                                                                           227
                      2025 Highlights                            Reports to Stakeholders             Company Profile      Management Discussion and Analysis                      Corporate Governance (GCG)                     Sustainability




Table 1.1. Disclosure of Net Claims by Region - Bank Unconsolidated



                                                                                                                                             Position at Dec 2025                                                  Position at Dec 2024


                                                                                                                                             Net Claims by Region                                                  Net Claims by Region
 No                                                         Portfolio Category

                                                                                                                                                    Eastern                                                Eastern
                                                                                                                        Jakarta       Sumatra                       Java         Total       Sumatra                       Java         Total           Total
                                                                                                                                                    Regions                                                Regions


  a                                                                   b                                                    c             d            e              f             g             h            i              j             k              l

  1     Claims against Government                                                                                      2,933,259                -         -                -   2,933,259     3,586,305                -           -               -   3,586,305

  2    Claims against Public Sector Entities                                                                           1,000,301       302,518            -                -   1,302,819      500,000      289,993                -               -     789,993

  3    Claims against Multilateral Development Banks and International Institutions                                               -             -         -                -             -             -              -           -               -             -

  4    Claims against Banks                                                                                               171,312               -         -                -      171,312      361,673                -           -               -     361,673

  5    Claims in the Form of Covered Bonds                                                                                        -             -         -                -             -             -              -           -               -             -

  6    Claims against Securities Companies and Other Financial Services Institutions                                   1,584,666                -         -                -   1,584,666     1,946,080     350,000                -               -   2,296,080

  7    Claims in the Form of Securities/ Subordinated Loans, Equity, and Other Capital Instruments                                -             -         -                -             -             -              -           -               -             -

  8    Loans with House as Collateral                                                                                      5,646         1,062            -          5,563        12,271         5,034            1,174           -        8,181         14,389

  9    Loans with Commercial Buildings as Collateral                                                                           636    226,354             -                -    226,990          6,606      718,983               -      59,862         785,451

  10   Loans for Procurement of Lands, Cultivation of Lands, and Constructions                                                    -             -         -                -             -             -              -           -               -             -

  11   Personal Employee/Retiree Loans                                                                                            -             -         -                -             -            -               -           -               -             -

  12   Claims against Micro and Small Enterprises and Retail Portfolio                                                     3,629                -         -          1,338         4,967       30,392        12,109              35       76,398        118,934

  13   Claims against Corporations                                                                                     6,366,477      1,318,552           -       1,775,443    9,460,472      2,984,118    1,589,315              -    1,685,387      6,258,820

  14   Matured Claims                                                                                                     46,647         9,634            -          8,768       65,049        192,836        9,608               -       15,875        218,319

  15   Other Assets                                                                                                      417,008        18,732            -         52,966      488,706        733,284       22,859               -      64,366        820,509

       Total                                                                                                           12,529,581     1,876,852               -   1,844,078    16,250,511 10,346,328       2,994,041              35   1,910,069 15,250,473




                                                                                                                                                                                                                   PT Bank QNB Indonesia Tbk Annual Report 2025
Page 116
228                                                                                                                                                                                                                                                                                                                                 229
                         2025 Highlights                                         Reports to Stakeholders                                Company Profile                    Management Discussion and Analysis                                   Corporate Governance (GCG)                            Sustainability




Table 1.2. Disclosure of Net Claims by Economic Sector - Bank Unconsolidated


                                                                                                                                                                                          Claims in
                                                                                                                                                                      Claims against                                                          Loans for
                                                                                                       Claims against                                                                   the Form of                                                                             Claims
                                                                                                                                                                        Securities                                                          Procurement
                                                                                                        Multilateral                                                                     Securities/                      Loans with                                        against Micro
                                                                                  Claims against                                                                       Companies                        Loans with                            of Lands,       Personal                          Claims
                                                            Claims against                             Development          Claims against       Claims in the Form                    Subordinated                      Commercial                                           and Small                      Matured
  No                   Economic Sector                                            Public Sector                                                                         and Other                       House as                             Cultivation    Employee or                        against                     Other Assets
                                                             Government                                  Banks and              Banks            of Covered Bonds                      Loans, Equity,                    Buildings as                                        Enterprises                     Claims
                                                                                     Entities                                                                            Financial                      Collateral                          of Lands, and   Retiree Loans                    Corporations
                                                                                                       International                                                                     and Other                        Collateral                                          and Retail
                                                                                                                                                                         Services                                                            Employees/
                                                                                                        Institutions                                                                       Capital                                                                             Portfolio
                                                                                                                                                                       Institutions                                                         Constructions
                                                                                                                                                                                        Instruments

  a                             b                                 c                     d                    e                    f                     g                   h                i              j                 k                   l              m               n                o            p                q

       Position at December 2025

  1    Agriculture, Forestry and Fisheries                                   -                     -                    -                    -                   -                -                 -                -         34,570                   -               -                -               -             -              -

  2    Mining and Extractive Industries                                      -                     -                    -                    -                   -                -                 -                -                  -               -               -                -        698,719              -              -

  3    Processing Industry                                                   -                     -                    -                    -                   -                -                 -                -                  -               -               -                -      3,053,417              -              -

       Procurement of Electricity, Gas, Steam/Hot                            -          1,000,301                       -                    -                   -                -                 -                -        191,784                   -               -                -               -             -              -
  4
       Water and Cold Air

       Water Management, Waste Water Management,                             -                     -                    -                    -                   -                -                 -                -                  -               -               -                -               -             -              -
  5    Waste Management and Recycling, and
       Remediation Activities

  6    Construction                                                          -              302,518                     -                    -                   -                -                 -                -                  -               -               -                -               -             -              -

       Wholesale and Retail Trade; Car and Motorcycle                        -                     -                    -                    -                   -                -                 -                -                  -               -               -              26        1,283,316      48,363                -
  7
       Repair and Maintenance

  8    Transportation and Warehousing                                        -                     -                    -                    -                   -                -                 -                -                  -               -               -                -               -         6,548              -

  9    Hotel and Food & Beverage                                             -                     -                    -                    -                   -                -                 -                -                  -               -               -                -               -         2,219              -

  10   Information and Communication                                         -                     -                    -                    -                   -                -                 -                -                  -               -               -                -      2,103,200              -              -

  11   Financial and Insurance Activities                         2,933,259                        -                    -             171,312                    -        1,584,666                 -                -                  -               -               -                -       1,100,765             -              -

  12   Real Estate                                                           -                     -                    -                    -                   -                -                 -                -                  -               -               -                -        273,934              -              -

  13   Professional, Scientific and Technical Activities                     -                     -                    -                    -                   -                -                 -                -                  -               -               -                -               -             -              -

       Rental and Leasing Activities Without Option                          -                     -                    -                    -                   -                -                 -                -                  -               -               -                -         947,121         7,918              -
  14   Rights, Employment, Travel Agents and Other
       Business Support

       Government Administration, Defense and                                -                     -                    -                    -                   -                -                 -                -                  -               -               -                -               -             -              -
  15
       Compulsory Social Security

  16   Education                                                             -                     -                    -                    -                   -                -                 -                -                  -               -               -                -               -             -              -

  17   Health and Social Activities                                          -                     -                    -                    -                   -                -                 -                -                  -               -               -                -               -             -              -

  18   Arts, Entertainment and Recreation                                    -                     -                    -                    -                   -                -                 -                -                  -               -               -                -               -             -              -

  19   Other Services Hospitality                                            -                     -                    -                    -                   -                -                 -                -                  -               -               -                -               -             -              -

       Activities as an Employer; Activities That Produce                    -                     -                    -                    -                   -                -                 -                -                  -               -               -                -               -             -              -
  20   Goods and Services by Households to Meet
       Personal Needs

       International Organisations and Other Extra                           -                     -                    -                    -                   -                -                 -                -                  -               -               -                -               -             -              -
  21
       International Organisations Activities

  22   Hospitality                                                           -                     -                    -                    -                   -                -                 -           12,270            636                   -               -            4,941               -             -              -

  23   Non-Other Business Field                                              -                     -                    -                    -                   -                -                 -                -                  -               -               -                -               -             -              -

  24   Miscellaneous                                                         -                     -                    -                    -                   -                -                 -                -                  -               -               -                -               -             -       488,706

       Total                                                     2,933,259              1,302,819                       -             171,312                    -        1,584,666                 -           12,270       226,990                    -               -            4,967     9,460,472        65,048         488,706




                                                                                                                                                                                                                                                                                      PT Bank QNB Indonesia Tbk Annual Report 2025
Page 117
230                                                                                                                                                                                                                                                                                                                                  231
                        2025 Highlights                                         Reports to Stakeholders                                 Company Profile                   Management Discussion and Analysis                                   Corporate Governance (GCG)                             Sustainability




                                                                                                                                                                                         Claims in
                                                                                                                                                                     Claims against                                                          Loans for
                                                                                                      Claims against                                                                   the Form of                                                                             Claims
                                                                                                                                                                       Securities                                                          Procurement
                                                                                                       Multilateral                                                                     Securities/                      Loans with                                        against Micro
                                                                                 Claims against                                                                       Companies                        Loans with                            of Lands,       Personal                         Claims
                                                           Claims against                             Development          Claims against       Claims in the Form                    Subordinated                      Commercial                                           and Small                       Matured
 No                   Economic Sector                                            Public Sector                                                                         and Other                       House as                             Cultivation    Employee or                       against                        Other Assets
                                                            Government                                  Banks and              Banks            of Covered Bonds                      Loans, Equity,                    Buildings as                                        Enterprises                      Claims
                                                                                    Entities                                                                            Financial                      Collateral                          of Lands, and   Retiree Loans                   Corporations
                                                                                                      International                                                                     and Other                        Collateral                                          and Retail
                                                                                                                                                                        Services                                                            Employees/
                                                                                                       Institutions                                                                       Capital                                                                             Portfolio
                                                                                                                                                                      Institutions                                                         Constructions
                                                                                                                                                                                       Instruments

 a                             b                                 c                     d                    e                    f                     g                   h                i              j                 k                   l              m               n               o              p                 q

      Position at December 2024

 1    Agriculture, Forestry and Fisheries                                   -                     -                    -                    -                   -                -                 -                -            34,113                -               -               -                 -              -              -

 2    Mining and Extractive Industries                                      -                     -                    -                    -                   -                -                 -                -                  -               -               -               -       1,477,203                -              -

 3    Processing Industry                                                   -                     -                    -                    -                   -                -                 -                -         40,100                   -               -              47      2,895,458        145,928                 -

      Procurement of Electricity, Gas, Steam/Hot                            -           500,000                        -                    -                   -                -                 -                -        214,221                   -               -               -                 -              -              -
 4
      Water and Cold Air

      Water Management, Waste Water Management,                             -                     -                    -                    -                   -                -                 -                -                  -               -               -               -                 -              -              -
 5    Waste Management and Recycling, and
      Remediation Activities

 6    Construction                                                          -              289,993                     -                    -                   -                -                 -                -                  -               -               -               -                 -              -              -

      Wholesale and Retail Trade; Car and Motorcycle                        -                     -                    -                    -                   -                -                 -                -                  -               -               -             123       352,864          48,467                 -
 7
      Repair and Maintenance

 8    Transportation and Warehousing                                        -                     -                    -                    -                   -                -                 -                -                  -               -               -               -                 -       13,730                -

 9    Hotel and Food & Beverage                                             -                     -                    -                    -                   -                -                 -                -        496,122                   -               -               -                 -         2,219               -

 10   Information and Communication                                         -                     -                    -                    -                   -                -                 -                -                  -               -               -               -       1,110,802                -              -

 11   Financial and Insurance Activities                        3,586,305                         -                    -             361,673                    -       2,296,080                  -                -                  -               -               -               -                 -              -              -

 12   Real Estate                                                           -                     -                    -                    -                   -                -                 -                -                  -               -               -               -       324,796                  -              -

 13   Professional, Scientific and Technical Activities                     -                     -                    -                    -                   -                -                 -                -                  -               -               -               -                 -              -              -

      Rental and Leasing Activities Without Option                          -                     -                    -                    -                   -                -                 -                -                  -               -               -               -            97,697         7,918               -
 14   Rights, Employment, Travel Agents and Other
      Business Support

      Government Administration, Defense and                                -                     -                    -                    -                   -                -                 -                -                  -               -               -               -                 -              -              -
 15
      Compulsory Social Security

 16   Education                                                             -                     -                    -                    -                   -                -                 -                -                  -               -               -               -                 -              -              -

 17   Health and Social Activities                                          -                     -                    -                    -                   -                -                 -                -                  -               -               -               -                 -              -              -

 18   Arts, Entertainment and Recreation                                    -                     -                    -                    -                   -                -                 -                -                  -               -               -               -                 -              -              -

 19   Other Services Hospitality                                            -                     -                    -                    -                   -                -                 -                -                  -               -               -               -                 -              -              -

      Activities as an Employer; Activities That Produce                    -                     -                    -                    -                   -                -                 -                -                  -               -               -               -                 -              -              -
 20   Goods and Services by Households to Meet
      Personal Needs

      International Organisations and Other Extra                           -                     -                    -                    -                   -                -                 -                -                  -               -               -               -                 -              -              -
 21
      International Organisations Activities

 22   Hospitality                                                           -                     -                    -                    -                   -                -                 -           14,389             895                  -               -         118,764                 -             57              -

 23   Non-Other Business Field                                              -                     -                    -                    -                   -                -                 -                -                  -               -               -               -                 -              -              -

 24   Miscellaneous                                                         -                     -                    -                    -                   -                -                 -                -                  -               -               -               -                 -              -       820,509

      Total                                                     3,586,305                  789,993                     -             361,673                    -       2,296,080                  -       14,389            785,451                   -               -        118,934      6,258,820          218,319         820,509




                                                                                                                                                                                                                                                                                    PT Bank QNB Indonesia Tbk Annual Report 2025
Page 118
232                                                                                                                                                                                                                                                                      233
                      2025 Highlights                             Reports to Stakeholders                           Company Profile        Management Discussion and Analysis                   Corporate Governance (GCG)                   Sustainability




Table 1.3. Disclosure of Net Claims by Remaining Contract Time - Bank Unconsolidated
                                                                                                                                                                                                                                                        (in million Rupiah)


                                                                                 Position at Dec 2025                                                                                        Position at Dec 2024


                                                                     Net Claims by Remaining Contract Time                                                                           Net Claims by Remaining Contract Time
 No             Portofolio Category

                                                                >1 year to       >3 to 5                          Non-
                                                 ≤1 year                                       > 5 years                       Total        ≤1 year           >1 year to 3 years       >3 to 5 years         > 5 years           Non- contractual             Total
                                                                 3 years         years                         contractual


  a                       b                         c               d               e             f                g             h             i                      j                     k                    l                       m                     n

  1    Claims against Government                2,568,766                    -             -               -     364,492     2,933,258         3,176,092                         -                     -                   -                 410,213           3,586,305

  2    Claims against Public Sector Entities                -                -     29,587      1,273,233                 -   1,302,820             500,000                       -                     -             289,993                        -              789,993

       Claims against Multilateral                          -                -             -               -             -             -                  -                      -                     -                   -                        -                      -
  3    Development Banks and
       International Institutions

  4    Claims against Banks                       150,027                    -             -               -       21,285       171,312            322,854                       -                     -                   -                 38,819                361,673

       Claims in the Form of Covered                        -                -             -               -             -                                -                      -                     -                   -                        -
  5
       Bonds

       Claims against Securities                            -     570,841          137,721       876,104                 -                     1,479,558                  480,359               336,163                    -                        -
  6    Companies and Other Financial
       Services Institutions

       Claims in the Form of Securities/                    -                -             -               -             -                                -                      -                     -                   -                        -
  7    Subordinated Loans, Equity, and
       Other Capital Instruments

  8    Loans with House as Collateral                      19           790         2,307             9,154              -       12,270                102                    678                3,595                10,014                        -                 14,389

       Loans with Commercial Buildings as                   -      35,206          191,784                 -             -    226,990               65,572                       -              35,009               684,870                        -              785,451
  9
       Collateral

       Loans for Procurement of                             -                -             -               -             -                                -                      -                     -                   -                        -
  10   Lands, Cultivation of Lands, and
       Constructions

  11   Personal Employee/Retiree Loans                      -                -             -               -             -             -                  -                      -                     -                   -                        -                      -

       Claims against Micro and Small                       -        2,634          2,085              248               -       4,967              103,016                 12,138               3,780                     -                        -               118,934
  12
       Enterprises and Retail Portfolio

  13   Claims against Corporations               6,174,767       1,594,051        912,346       779,308                  -   9,460,472         5,190,578                  702,795                40,651              324,796                        -          6,258,820

  14   Matured Claims                              63,083            1,965                 -               -             -      65,048             208,445                  9,874                      -                   -                        -               218,319

  15   Other Assets                                         -                -             -               -     488,706       488,706                    -                      -                     -                   -              820,509                  820,509

       Total                                    8,956,662       2,205,487        1,275,830     2,938,047          874,483    14,665,843        11,046,217             1,205,844                 419,198          1,309,673                1,269,541            12,954,393




                                                                                                                                                                                                                               PT Bank QNB Indonesia Tbk Annual Report 2025
Page 119
234                                                                                                                                                                                                                                               235
                     2025 Highlights                            Reports to Stakeholders   Company Profile      Management Discussion and Analysis                    Corporate Governance (GCG)                      Sustainability




Table 1.4. Disclosure of Claims and Reserves by Region - Bank Unconsolidated
                                                                                                                                                                                                                               (in million Rupiah)


                                                                                                                                  Position at Dec 2025                                                 Position at Dec 2024


                                                                                                                                        Region                                                                Region
 No                                                        Portfolio Category

                                                                                                                                        Eastern                                                               Eastern
                                                                                                             Jakarta       Sumatra                     Java         Total        Jakarta       Sumatra                       Java           Total
                                                                                                                                        Regions                                                               Regions


  a                                                                b                                            c             d            e              f           g             h              i             j             k              l

  1    Claims                                                                                               12,633,973     2,001,506             -   1,909,462    16,544,941    10,481,649     3,186,757             36    2,009,237      15,677,679

  2    Impaired Claims

       a. Outstanding                                                                                                  -            -            -            -             -       11,734     1,001,904               -     351,488       1,365,126

       b. Matured                                                                                             134,950         34,841             -       49,427      219,218      322,312        37,293                1      88,617       448,223

  3    CKPN- Stage 1                                                                                           61,542         10,840             -       14,426     86,808        32,009          12,467               -      17,338          61,814

  4    CKPN- Stage 2                                                                                           16,092        99,446              -       24,725     140,263         41,073       165,112               -      26,583       232,768

  5    CKPN- Stage 3                                                                                           88,303        25,207              -     40,659       154,169        94,248        27,604                1      72,585        194,438

  6    Written-Off Claims                                                                                              -            -            -            -             -              3             -             -              -             3




                                                                                                                                                                                                       PT Bank QNB Indonesia Tbk Annual Report 2025
Page 120
236                                                                                                                                                                                                                                               237
                      2025 Highlights                           Reports to Stakeholders              Company Profile        Management Discussion and Analysis             Corporate Governance (GCG)                  Sustainability




Table 1.5. Disclosure of Claims and Reserves by Economic Sector - Bank Unconsolidated
                                                                                                                                                                                                                                 (in million Rupiah)


                                                                                                                                    Impaired Claims
                                                                                                                                                                    CKPN                CKPN                    CKPN                Written-Off
 No                                             Economic Sector                                          Claims
                                                                                                                                                                    Stage 1            Stage 2                 Stage 3               Claims
                                                                                                                            Outstanding          Matured


  a                                                        b                                                c                   d                     e                f                 g                         h                     i

       Position at 31 December 2025

  1    Agriculture, Forestry and Fisheries                                                                        36,147                  -                     -                  -             1,577                       -                     -

  2    Mining and Extractive Industries                                                                          698,719                  -                     -             5,588                  -                       -                     -

  3    Processing Industry                                                                                  3,070,248                     -                     -          23,016        16,831,000                          -                     -

  4    Procurement of Electricity, Gas, Steam/Hot Water and Cold Air                                            1,192,085                 -                     -             8,982                  -                       -                     -

       Water Management, Waste Water Management, Waste Management and Recycling, and
  5                                                                                                                     -                 -                     -                  -                 -                       -                     -
       Remediation Activities

  6    Construction                                                                                             400,304                   -                  656                   -     97,130,000                       656                      -

  7    Wholesale and Retail Trade; Car and Motorcycle Repair and Maintenance                                    1,431,981                 -               148,639             7,852                  -                 100,276                     -

  8    Transportation and Warehousing                                                                            20,989                   -               20,990                   -                 -                  14,441                     -

  9    Hotel and Food & Beverage                                                                                  15,603                  -               15,604                   -                 -                  13,384                     -

  10   Information and Communication                                                                        2,103,200                     -                     -           15,801                   -                       -                     -

  11   Financial and Insurance Activities                                                                   5,790,002                     -                     -          20,145                    -                       -                     -

  12   Real Estate                                                                                              298,659                   -                     -                  -    24,725,000                           -                     -

  13   Professional, Scientific and Technical Activities                                                                -                 -                     -                  -                 -                       -                     -

       Rental and Leasing Activities Without Option Rights, Employment, Travel Agents and Other
  14                                                                                                             979,937                  -                32,816           4,208                    -                 24,898                      -
       Business Support

  15   Government Administration, Defense and Compulsory Social Security                                                -                 -                     -                  -                 -                       -                     -

  16   Education                                                                                                        -                 -                     -                  -                 -                       -                     -

  17   Health and Social Activities                                                                                     -                 -                     -                  -                 -                       -                     -

  18   Arts, Entertainment and Recreation                                                                               -                 -                     -                  -                 -                       -                     -

  19   Other Services Hospitality                                                                                       -                 -                     -                  -                 -                       -                     -

       Activities as an Employer; Activities That Produce Goods and Services by Households to Meet
 20                                                                                                                     -                 -                     -                  -                 -                       -                     -
       Personal Needs

  21   International Organisations and Other Extra International Organisations Activities                               -                 -                     -                  -                 -                       -                     -

 22    Hospitality                                                                                                18,360                  -                  513               1,217         (1,000)                      514                      -

 23    Non-Other Business Field                                                                                         -                 -                     -                  -                 -                       -                     -

 24    Miscellaneous                                                                                            488,706                   -                     -                  -                 -                       -                     -

       Total                                                                                               16,544,940                     -               219,218          86,809       140,262,00                     154,169                     -



                                                                                                                                                                                                         PT Bank QNB Indonesia Tbk Annual Report 2025
Page 121
238                                                                                                                                                                                                                                                239
                     2025 Highlights                          Reports to Stakeholders               Company Profile        Management Discussion and Analysis               Corporate Governance (GCG)                  Sustainability




                                                                                                                                    Impaired Claims
                                                                                                                                                                     CKPN                CKPN                    CKPN                Written-Off
No                                             Economic Sector                                          Claims
                                                                                                                                                                     Stage 1            Stage 2                 Stage 3               Claims
                                                                                                                           Outstanding           Matured


 a                                                        b                                                c                   d                      e                 f                 g                         h                     i

      Position at 31 December 2024

 1    Agriculture, Forestry and Fisheries                                                                        36,153             36,153                       -                 -            2,040                         -                     -

 2    Mining and Extractive Industries                                                                         1,477,203                 -                       -             7,337                  -                       -                     -

 3    Processing Industry                                                                                      3,118,231            43,413                 181,283          26,163             36,698                         -                     -

 4    Procurement of Electricity, Gas, Steam/Hot Water and Cold Air                                              714,221                 -                       -             3,945                  -                       -                     -

 5    Water Management, Waste Water Management, Waste Management and Recycling, and                                    -                 -                       -                 -                  -                       -                     -
      Remediation Activities

 6    Construction                                                                                              418,208            417,224                   920                   -          127,232                      983                      -

 7    Wholesale and Retail Trade; Car and Motorcycle Repair and Maintenance                                     504,314                  -                 151,327             1,823                  -                 102,860                     -

 8    Transportation and Warehousing                                                                            40,296                   -                 40,296                  -                  -                 26,566                      -

 9    Hotel and Food & Beverage                                                                                 551,327            515,961                 15,604                 17           39,602                    13,384                     -

 10   Information and Communication                                                                            1,110,802                 -                       -             7,346                  -                       -                     -

 11   Financial and Insurance Activities                                                                   6,244,058                     -                       -          12,564                    -                       -                     -

 12   Real Estate                                                                                              350,075             350,075                       -                 -           25,279                         -                     -

 13   Professional, Scientific and Technical Activities                                                                -                 -                       -                 -                  -                       -                     -

 14   Rental and Leasing Activities Without Option Rights, Employment, Travel Agents and Other                  130,513                  -                 32,816               240                   -                 24,898                      -
      Business Support

 15   Government Administration, Defense and Compulsory Social Security                                                -                 -                       -                 -                  -                       -                     -

 16   Education                                                                                                        -                 -                       -                 -                  -                       -                     -

 17   Health and Social Activities                                                                                     -                 -                       -                 -                  -                       -                     -

 18   Arts, Entertainment and Recreation                                                                               -                 -                       -                 -                  -                       -                     -

 19   Other Services Hospitality                                                                                       -                 -                       -                 -                  -                       -                     -

20    Activities as an Employer; Activities That Produce Goods and Services by Households to Meet                      -                 -                       -                 -                  -                       -                     -
      Personal Needs

 21   International Organisations and Other Extra International Organisations Activities                               -                 -                       -                 -                  -                       -                     -

22    Hospitality                                                                                               161,769             2,300                  25,977              2,379              1,917                  25,747                     -

23    Non-Other Business Field                                                                                         -                 -                       -                 -                  -                       -                     -

24    Miscellaneous                                                                                            820,509                   -                       -                 -                  -                       -                     3

      Total                                                                                                15,677,679           1,365,126                 448,223           61,814            232,768                   194,438                     3




                                                                                                                                                                                                          PT Bank QNB Indonesia Tbk Annual Report 2025
Page 122
240                                                                                                                                                                                                                                                                                                                        241
                        2025 Highlights                                     Reports to Stakeholders                                               Company Profile                 Management Discussion and Analysis                  Corporate Governance (GCG)                         Sustainability




Table 1.6. Disclosure of Claims by Number of Days Outstanding - Bank Unconsolidated                                                                                         Table 2.2. Disclosure of Performing and Non-Performing Restructuring Assets



                                                   Position at 31 December 2025                                       Position at 31 December 2024
                                                                                                                                                                                                                            Non-Performing
                                                                                                                                                                                                    Performing (L and
                                                                                                                                                                                                                             (L and DPK                  Stage 1                    Stage 2                  Stage 3
                                             Claims by Number of Days Outstanding                             Claims by Number of Days Outstanding                                                    DPK Quality)
                                                                                                                                                                                                                               Quality)
     No           Type of Exposure
                                               > 90        > 120                                               > 90              > 120
                                                                                                                                                                             No                      Gross                  Gross                  Gross                     Gross                     Gross
                                             days up     days up            > 180                            days up           days up             > 180
                                                                                          Total                                                                 Total                               Carrying    CKPN       Carrying    CKPN       Carrying     CKPN         Carrying     CKPN         Carrying     CKPN
                                              to 120      to 180            days                              to 120            to 180             days
                                                                                                                                                                                                    Amount                 Amount                 Amount                    Amount                    Amount
                                               days        days                                                days              days

                                                                                                                                                                                                        a         b           c          d           e             f            g             h          i             j
     a                   b                     c              d              e                 f                  c                  d               e            f
                                                                                                                                                                              1     Securities              -          -          -           -            -           -             -            -            -             -
     1    Credit included in Matured                -             -      219,218          219,218                 323          389,745             38,108       428,176
          Claims                                                                                                                                                              2    Credit           879,600     138,687    204,086    139,292              -           -    879,600      138,687      204,086      139,292

     2    Securities included in                    -             -                 -                  -                  -                  -              -           -          a. Corporation   879,600     138,687    202,061    138,983              -           -    879,600      138,687      202,061      138,983
          Matured Claims
                                                                                                                                                                                   b. Retail                -          -     2,025       309               -           -             -            -     2,025          309
          Total                                     -             -      219,218          219,218                 323          389,745             38,108       428,176
                                                                                                                                                                              3    Administrative
                                                                                                                                                                                   Account                  -          -          -           -            -           -             -            -            -             -
                                                                                                                                                                                   Transactions


Table 2.1. Disclosure of Performing and Non-Performing Assets



                                                                                              Non-Performing (KL, D, M Quality)                                             Qualitative Disclosures related to Credit Risk Mitigation Techniques (CRC)

                                       Performing (L and                                                                                                                    To disclose the collateral evaluation and management process, the Bank uses data registered in the
                                                                       Impaired Claims                                        Not Impaired Claims                           Bank’s records for collateral and carries out inventory checks by comparing the data with original
                                         DPK Quality)
                                                                                                                                                                            documents kept by the Bank. This evaluation process is conducted on a regular basis, and the
                                                                                                           Past Due > 90 Days                    Past Due ≤ 90 Days         Bank’s records are continually updated to reflect any changes. All supporting documentation is
     No                                                                                                                                                                     properly maintained by the Bank.

                                      Gross                        Gross                                    Gross                                 Gross
                                                                                                                                                                            In accordance with regulatory requirements, there are three recognised types of Credit Risk
                                     Carrying          CKPN       Carrying              CKPN               Carrying            CKPN              Carrying       CKPN
                                     Amount                       Amount                                   Amount                                Amount
                                                                                                                                                                            Mitigation (CRM) techniques that may be applied by the Bank, namely Collateral Technique,
                                                                                                                                                                            Guarantee Technique, and Credit Guarantee/Insurance Technique. At present, the Bank does not
                                                                                                                                                                            have any concentration in any specific CRM technique, as it has no exposure to the three recognised
                                         a              b               c                 d                   e                  f                  g             h         CRM techniques in accordance with regulatory provisions.

 1        Securities                 1,512,917                -               -                    -                  -                  -               -              -

 2        Credit                     9,611,033      222,657           219,217           154,169                       -                  -               -              -

          a. Corporation             9,593,175      221,440           216,679           153,347                       -                  -               -              -

          b. Retail                     17,858           1,217         2,538                  822                     -                  -               -              -

 3        Administrative                                4,415                 -                    -                  -                  -               -              -
          Account Transactions       3,019,501




                                                                                                                                                                                                                                                                           PT Bank QNB Indonesia Tbk Annual Report 2025
Page 123
242                                                                                                                                                                                                                                               243
                     2025 Highlights                             Reports to Stakeholders                               Company Profile        Management Discussion and Analysis   Corporate Governance (GCG)           Sustainability




Quantitative Disclosures related to Credit Risk Mitigation (MRK) Technique (CR3)
Position at December 2025


                                                                                                  Claims Secured
                                  Claims Not           Claims Secured                                                    Claims Secured
                                                                            Claims Secured        with Guarantee
                                 Secured with             with MRK                                                         with Credit
                                                                            with Collateral        and/or Credit
 No                             MRK Technique            Technique                                                         Derivatives
                                                                                                     Insurance


                                       a                     b                    c                     d                      e

  1    Credit                              1,481,141                    -                     -                    -

  2    Securities                      9,084,237              149,980                 149,980                      -

  3    Total                         10,565,378               149,980                 149,980                      -

  4    Matured Credit and                  219,218                      -
       Securities

 Additional Disclosure :




Posisi Desember 2024


                                                                                                  Claims Secured
                                  Claims Not           Claims Secured                                                    Claims Secured
                                                                            Claims Secured        with Guarantee
                                 Secured with             with MRK                                                         with Credit
                                                                            with Collateral        and/or Credit
 No                             MRK Technique            Technique                                                         Derivatives
                                                                                                     Insurance


                                       a                     b                    c                     d                      e

  1    Credit                           7,198,441             376,832                 376,832                      -                      -

  2    Securities                     2,065,635                         -                     -                    -                      -

  3    Total                           9,264,076              376,832                 376,832                      -                      -

  4    Matured Credit and               448,223                         -                     -                    -                      -
       Securities

 Additional Disclosure :




Disclosure of the Use of External Credit Ratings (CRD)
To obtain information regarding the ratings from debtors directly and/or using desktop checking,
the Bank searches for and uses existing rating information related to customers in its assessment. If
there are changes, customer data will be updated according to the latest information. The portfolio
categories assessed by the Bank using this ranking methodology are all the categories whose
information is accessible via desktop checking.




                                                                                                                                                                                                           Annual Report 2025 PT Bank QNB Indonesia Tbk
Page 124
244                                                                                                                                                                                                                                     245
                    2025 Highlights                             Reports to Stakeholders                Company Profile       Management Discussion and Analysis          Corporate Governance (GCG)             Sustainability




Disclosure of Credit Risk Exposure and Impact of Credit Risk Mitigation (MRK) Technique (CR4)
Position at December 2025


                                                                       Net Claims Before FKK and MRK Implementations           Net Claims After FKK and MRK Implementations                 RWA and Risk-Weighted Average


 No                       Portfolio Category                          Statement of Financial                                 Statement of Financial                                                             Risk-Weighted Average (e/
                                                                                                         TRA                                                      TRA                     ATMR
                                                                            Position                                               Position                                                                              (c+d))


                                                                                a                         b                           c                            d                        e                                f

  1    Claims against Government                                                     2,933,259                           -                 2,933,259                           -                            -                               -

  2    Claims against Public Sector Entities                                          1,302,819                          -                  1,302,819                          -                      351,319                          0.27

  3    Claims against Multilateral Development Banks and                                        -                        -                            -                        -                            -                               -
       International Institutions

  4    Claims against Banks                                                              171,312                         -                     171,312                         -                      34,262                          0.20

       Claims against Securities Companies and Other                                            -                        -                            -                        -                            -                               -
       Financial Services Institutions 1)

  5    Claims in the Form of Covered Bonds                                                      -                        -                            -                        -                            -                               -

  6    Claims against Corporations - General Corporate                                6,690,971                2,769,501                    6,690,971                    712,822                 6,663,356                            0.90
       Exposures 2)

       Claims against Securities Companies and Other                                  1,334,666                 250,000                     1,334,666                    25,000                   356,074                              0.26
       Financial Services Institutions 3)

       Dedicated Financing Exposure 4)                                                          -                        -                            -                        -                            -                               -

  7    Claims in the Form of Securities/Subordinated Loans,                                     -                        -                            -                        -                            -                               -
       Equity, and Other Capital Instruments

  8    Claims against Micro and Small Enterprises and Retail                              4,967                          -                      4,967                          -                       4,960                           1.00
       Portfolio

  9    Loans with Property as Collateral                                                        -                        -                            -                        -                            -                               -

       Loans with House as Collateral whose Payments Are                                 12,270                          -                     12,270                          -                        5,341                          0.44
       Not Materially Dependent on the Property’s Cash Flows

       Loans with House as Collateral whose Payments Are                                        -                        -                            -                        -                            -                               -
       Materially Dependent the Property’s Cash Flows

       Loans with Commercial Property as Collateral whose                               35,206                           -                    35,206                           -                   172,605                             4.90
       Payments Are Not Materially Dependent on the
       Property’s Cash Flows

       Loans with Commercial Property as Collateral whose                               191,784                          -                    191,784                          -                       21,219                           0.11
       Payments Are Materially Dependent on the Property’s
       Cash Flows

       Loans for Procurement of Lands, Cultivation of Lands,                                    -                        -                            -                        -                            -                               -
       and Constructions

  10   Matured Claims                                                                   65,048                           -                    65,048                           -                      34,240                           0.53

  11   Other Assets                                                                    488,706                           -                   488,706                           -                  463,964                              0.95

  12   Total                                                                        13,231,009                 3,019,501                  13,231,009                    737,822                  8,107,342




                                                                                                                                                                                                 PT Bank QNB Indonesia Tbk Annual Report 2025
Page 125
246                                                                                                                                                                                                                                     247
                    2025 Highlights                            Reports to Stakeholders                Company Profile       Management Discussion and Analysis           Corporate Governance (GCG)             Sustainability




Position at December 2024


                                                                      Net Claims Before FKK and MRK Implementations           Net Claims After FKK and MRK Implementations                  RWA and Risk-Weighted Average


 No                      Portfolio Category                         Statement of Financial                                  Statement of Financial                                                              Risk-Weighted Average (e/
                                                                                                        TRA                                                      TRA                      ATMR
                                                                          Position                                                Position                                                                               (c+d))


                                                                             a                           b                           c                            d                         e                                f

  1    Claims against Government                                                  3,586,305                             -                 3,586,305                              -                          -                               -

  2    Claims against Public Sector Entities                                        289,993                    500,000                      289,993                     50,000                        154,997                          0.46

  3    Claims against Multilateral Development Banks and                                     -                          -                            -                           -                          -                               -
       International Institutions

  4    Claims against Banks                                                          361,673                            -                    361,673                             -                104,620                              0.29

       Claims against Securities Companies and Other                                         -                          -                            -                           -                          -                               -
       Financial Services Institutions 1)

  5    Claims in the Form of Covered Bonds                                                   -                          -                            -                           -                          -                               -

  6    Claims against Corporations - General Corporate                             5,078,999                    1,179,821                  4,702,167                     117,982                 4,667,272                             0.97
       Exposures 2)

       Claims against Securities Companies and Other                               1,696,080                   600,000                     1,696,080                    60,000                    439,230                              0.25
       Financial Services Institutions 3)

       Dedicated Financing Exposure 4)                                                       -                          -                            -                           -                          -                               -

  7    Claims in the Form of Securities/Subordinated Loans,                                  -                          -                            -                           -                          -                               -
       Equity, and Other Capital Instruments

  8    Claims against MSMEs and Retail Portfolio                                      13,753                     105,181                      13,753                     10,518                        19,109                          0.79

  9    Loans with Property as Collateral                                                     -                          -                            -                           -                          -                               -

       Loans with House as Collateral whose Payments Are                              14,389                            -                     14,389                             -                      7,190                          0.50
       Not Materially Dependent on the Property’s Cash Flows

       Loans with House as Collateral whose Payments Are                                     -                          -                            -                           -                          -                               -
       Materially Dependent the Property’s Cash Flows

       Loans with Commercial Property as Collateral whose                             54,108                     21,000                       54,108                         2,100                540,084                               9.61
       Payments Are Not Materially Dependent on the
       Property’s Cash Flows

       Loans with Commercial Property as Collateral whose                            710,343                            -                    710,343                             -                     47,728                          0.07
       Payments Are Materially Dependent on the Property’s
       Cash Flows

       Loans for Procurement of Lands, Cultivation of Lands,                                 -                          -                            -                           -                          -                               -
       and Constructions

  10   Matured Claims                                                                218,319                            -                    218,319                             -                    184,770                          0.85

  11   Other Assets                                                                 820,509                             -                   820,509                              -                    901,613                           1.10

  12   Total                                                                      12,844,471                  2,406,002                   12,467,639                   240,600                   7,066,613




                                                                                                                                                                                                 PT Bank QNB Indonesia Tbk Annual Report 2025
Page 126
248                                                                                                                                                                                                                                                                                                                                  249
                        2025 Highlights                                            Reports to Stakeholders                                                     Company Profile            Management Discussion and Analysis                         Corporate Governance (GCG)                          Sustainability




Disclosure of Exposure by Assets Classes and Risk Weights (CR5)
Position at December 2025                                                                                                                                                                                                                                                                                                 Net Claims
                                                                                                                                                                                                                                                                                                                           After FKK
                                                                                                                                                                                      Portfolio Category        20%        50%       65%       75%       80%        85%       100%         130%    150%      Lainnya       and MRK
                                                                                                                                                                     Net Claims                                                                                                                                           Techniques
                                                                                                                                                                    After FKK and                                                                                                                                       Implementation
         Portfolio Category               0%               20%                 50%                   100%                150%                Others
                                                                                                                                                                   MRK Techniques
                                                                                                                                                                   Implementation     6   Claims against
                                                                                                                                                                                          Corporations
     1     Claims against          2,933,258.61                        -                 -                      -                     -                    -             2,933,259        - General          500,188      380,615         -          -         -        -   6,522,991          -         -         -            7,403,793
           Government                                                                                                                                                                     Corporate
                                                                                                                                                                                          xposures 2)

                                                                                                                                                                                          Claims against
                                                                                                                                                                                          Securities
                                                                                                                                                           Net Claims After FKK
                                                                                                                                                                                          Companies and
           Portfolio Category              20%                     50%                 100%                 150%                      Lainnya              and MRK Techniques                                         -          -        -          -                  -              -                 -         -                    -
                                                                                                                                                                                          Other Financial
                                                                                                                                                             Implementation
                                                                                                                                                                                          Services
                                                                                                                                                                                          Institutions 3)
  2         Claims against
                                                                                                                                                                                          Dedicated
           Multilateral Development
                                          1,000,301                302,518                           -                    -                        -                     1,302,819        Financing                   -          -        -          -         -        -             -        -         -         -                    -
           Banks and International
                                                                                                                                                                                          Exposure 4)
           Institutions



                                                                                                                                                           Net Claims After FKK
          Portfolio Category              0%             20%           30%             50%               100%           150%              Others           and MRK Techniques                                                                                                                                        Net Claims
                                                                                                                                                             Implementation                                                                                                                                         After FKK and
                                                                                                                                                                                           Portfolio Category              100%               150%             250%           400%                 Others
                                                                                                                                                                                                                                                                                                                   MRK Techniques
                                                                                                                                                                                                                                                                                                                   Implementation
  3        Claims against
           Multilateral Development                                                                                                                                                   7   Claims in the Form of
                                                -              -               -                 -              -                 -              -                                -
           Banks and International                                                                                                                                                        Securities/Subordinated
           Institutions                                                                                                                                                                                                      -                 -                    -             -                  -                      -
                                                                                                                                                                                          Loans, Equity, and Other
                                                                                                                                                                                          Capital Instruments

                                                                                                                                                                      Net Claims
                                                                                                                                                                       After FKK
         Portfolio Category           0%             20%           30%             40%               50%            100%              150%         Others              and MRK                                                                                                                                   Net Claims After FKK
                                                                                                                                                                      Techniques                 Portfolio Category                       45%                 75%           85%        100%         Lainnya      and MRK Techniques
                                                                                                                                                                    Implementation                                                                                                                                 Implementation

  4        Claims against Banks       171,312              -               -                 -              -                 -              -                              171,312   8   Claims against Micro and Small              -                  27                           4,940                     4,967
                                                                                                                                                                                          Enterprises and Retail Portfolio
           Claims against
           Securities
           Companies and
                                   952,425          190,158                -       217,083                  -                 -              -                 -         1,359,666
           Other Financial
           Services Institutions
           1)



                                                                                                                                                                   Net Claims After
                                                                                                                                                                    FKK and MRK
         Portfolio Category         10%             15%        20%             25%               35%                0%            100%           Lainnya
                                                                                                                                                                     Techniques
                                                                                                                                                                   Implementation

         Claims in the Form of        -              -             -               -                 -              -                 -                -           -
 5
         Covered Bonds




                                                                                                                                                                                                                                                                                           PT Bank QNB Indonesia Tbk Annual Report 2025
Page 127
250                                                                                                                                                                                                                                                       251
                   2025 Highlights                        Reports to Stakeholders                         Company Profile        Management Discussion and Analysis                Corporate Governance (GCG)                   Sustainability




                                                                                                                                                                                                                                              Net Claims
                                                                                                                                                                                                                                             After FKK and
       Portfolio Category            0%       20%       25%       30%       35%       40%       45%         50%       60%       65%       70%       75%       85%       90%       100%       105%       110%       150%        Others
                                                                                                                                                                                                                                            MRK Techniques
                                                                                                                                                                                                                                            Implementation

 9    Loans with Property as
                                          -         -         -         -         -         -         -           -         -         -         -         -         -         -          -          -          -          -             -                    -
      Collateral

      Loans with House as
      Collateral whose Payments
      Are Not Materially                  -   2,703      494      3,521               1,305                   347                     -         -   3,900           -         -          -          -          -          -             -              12,270
      Dependent on the
      Property’s Cash Flows

      without a credit sharing
                                          -         -         -         -         -         -         -           -         -         -         -         -         -                               -          -          -             -                    -
      approach 5)

      without a credit sharing
      approach 5)
                                          -         -         -         -         -         -         -           -         -         -         -         -         -                               -          -          -             -                    -
      with a credit sharing
      approach (guaranteed) 5)

      with a credit sharing
                                          -         -         -         -         -         -         -           -         -         -         -         -         -                    -          -          -          -             -                    -
      approach (guaranteed) 5)

      Loans with House as
      Collateral whose Payments
                                          -         -         -         -         -         -         -           -         -         -         -         -         -                               -          -          -             -                    -
      Are Materially Dependent
      the Property’s Cash Flows

      Loans with Commercial
      Property as Collateral
      whose Payments Are Not              -         -         -         -         -         -         -           -   34,570          -         -    636            -                    -          -          -          -             -             35,206
      Materially Dependent on
      the Property’s Cash Flows

      without a credit sharing
                                          -         -         -         -         -         -         -           -         -         -         -         -         -                               -          -          -             -                    -
      approach 5)

      with a credit sharing
                                          -         -         -         -         -         -         -           -         -         -         -         -         -                               -          -          -             -                    -
      approach (guaranteed) 5)

      with a credit sharing
                                          -         -         -         -         -         -         -           -         -         -         -         -         -                    -          -          -          -             -                    -
      approach (guaranteed) 5)

      Loans with Commercial
      Property as Collateral
      whose Payments Are                                                                                                                        -                       191,784                     -          -          -             -             191,784
      Materially Dependent on
      the Property’s Cash Flows

      Loans for Procurement of
      Lands, Cultivation of Lands,                                                                                                                                                       -          -          -          -             -                    -
      and Constructions




                                                                                                                                                                                                                   PT Bank QNB Indonesia Tbk Annual Report 2025
Page 128
252                                                                                                                                                                                                                         253
                      2025 Highlights                              Reports to Stakeholders                         Company Profile       Management Discussion and Analysis   Corporate Governance (GCG)   Sustainability




                                                                                                                     Net Claims After
                                                                                                                      FKK and MRK
      Portfolio Category              50                    100                    150%               Others
                                                                                                                       Techniques
                                                                                                                     Implementation

 10     Matured Claims                     63,332                      -                  1.716                -               65,048




                                                                                                                     Net Claims After
                                                                                                                      FKK and MRK
      Portfolio Category         0%           20%           100%            150%        1250%5)       Others
                                                                                                                       Techniques
                                                                                                                     Implementation

 11     Other Assets             24,742      463,964               -               -              -            -              488,706




                                    Net Claims of            TRA Net Claims                                        Net Claims (After
No            Risk-Weights                                                                  FKK Average
                                Financial Statements           (Prior FKK)                                          FKK and MRK)

 1      < 40%                                 6,219,371                     1,680,511                   0.88               6,944,862

 2      40% - 70%                              968,451                     1,338,990                    0.43                 980,783

 3      75%                                      4,562                              -                   1.00                    4,562

 4      85%                                             -                           -                      -

 5      90% - 100%                          6,036,907                               -                   1.00               6,036,907

 6      105% - 130%                                     -                           -                      -

 7      150%                                        1,716                           -                   1.00                     1,716

 8      250%                                            -                           -                      -

 9      400%                                            -                           -                      -

 10     1250%                                           -                           -                      -

 11     Total Net Claims                    13,231,008                     3,019,501                      4                13,968,831
Page 129
6
    Sustainability
Page 130
256                                                                                                                                                                                                                                               257
                   2025 Highlights                          Reports to Stakeholders                      Company Profile       Management Discussion and Analysis               Corporate Governance (GCG)              Sustainability




Sustainability performance highlights                                                                                      Sustainability strategy
Economic aspect                                                                                                            QNB Group’s approach to global sustainability                  and social risks, expands financial access for SMEs
                                                                                                                                                                                          and underserved groups, and delivers accountable
                                                                                                                           At QNB, sustainability is defined as the creation of
              Description                                2025                                     2024
                                                                                                                                                                                          customer services.
                                                                                                                           long-term value across financial, environmental, social,
                                                                                                                           and ethical dimensions for customers, shareholders,
                                                                                                                                                                                          Sustainable Operations reflect the integration of
Interest Income (Rp million)                            678,787                                  734,563                   employees, and society. The Board Sponsor at Board
                                                                                                                                                                                          ESG criteria into the Bank’s operational activities and
                                                                                                                           of Directors level is H.E. Sheikh Hamad Bin Jabor
Sustainable Finance Products/Services   Green term loan facility to support low                     -
                                                                                                                                                                                          supply chain management to ensure efficient and
                                                                                                                           Bin Jassim Al-Thani, who leads the oversight of QNB
                                        carbon transition                                                                                                                                 ethical business processes. The Bank is committed
                                                                                                                           Group’s environmental, social, and governance (ESG)
                                                                                                                                                                                          to strengthening corporate governance and risk
                                                                                                                           strategy, performance, and risks. The Board of Directors
                                                                                                                                                                                          management, promoting equality in the workplace,
                                                                                                                           also links executive management remuneration to the
                                                                                                                                                                                          and reducing carbon emissions arising from
Economic aspect                                                                                                            achievement of ESG performance through the Executive
                                                                                                                                                                                          operational activities.
                                                                                                                           Management Balanced Scorecard, which includes
                                                                                                                           sustainability KPIs.
              Description                                2025                                     2024                                                                                    Meanwhile, Beyond Banking represents the Bank’s
                                                                                                                                                                                          Corporate Social Responsibility (CSR) initiatives carried
                                                                                                                           ESG topics, including climate risk, are embedded
Energy Consumption                                      3.732 GJ                                 3,958 GJ                                                                                 out within the Bank’s areas of operation, with the aim
                                                                                                                           within QNB’s governance structure with clearly defined
                                                                                                                                                                                          of making a positive contribution to society. The Bank’s
                                                                                                                           responsibilities. Environmental and Social matters are
Scope 1, 2, and 3 GHG Emissions                      1,773 TonCO2e                             695 TonCO2e                                                                                primary focus is on supporting education and enhancing
                                                                                                                           reported to the Board of Directors through the Group
                                                                                                                                                                                          financial literacy.
Water Consumption                                       7.249 m3                                 7,968 m3                  Board Risk Committee (GBRC), while Governance
                                                                                                                           matters are reported through the Group Board Audit and
                                                                                                                                                                                          In order to realise this sustainability vision and mission,
Paper Consumption                                       1.569 Kg                                 1,991 Kg                  Compliance Committee (GBACC), with implementation
                                                                                                                                                                                          and with reference to the Bank’s long-term Sustainable
                                                                                                                           cascaded through the Group Management Risk
                                                                                                                                                                                          Finance Action Plan (RAKB) for 2023–2027, the Bank
                                                                                                                           Committee (GMRC) and the Group Senior Management
                                                                                                                                                                                          continues to strengthen its ongoing sustainability
                                                                                                                           Committee (SMC). As of January 2024, the Board-level
Social aspect                                                                                                                                                                             initiatives while enhancing stakeholders’ understanding
                                                                                                                           ESG governance structure was enhanced to improve
                                                                                                                                                                                          and awareness of the sustainability direction and
                                                                                                                           the effectiveness of issue management by the relevant
              Description                                2025                                     2024                                                                                    approach being implemented.
                                                                                                                           committees and management.
                                                                                                                                                                                          Sustainability governance is the responsibility of the
Proportion of Female Employees                            50%                                      49%                     To ensure comprehensive ESG management, QNB
                                                                                                                                                                                          ESG Working Group, supported by Strategy Execution,
                                                                                                                           Group has established a sustainability framework
Average Training Hours Per Employee                        56                                       64                                                                                    Human Resources, General Services, Regulatory
                                                                                                                           that guides the implementation of initiatives and
                                                                                                                                                                                          Compliance, Corporate Communication, and the
                                                                                                                           encourages transparency through reporting aligned
Resolved Customer Complaints                              100%                                    100%                                                                                    Business Units. Whereas, oversight of sustainable
                                                                                                                           with internationally recognised standards. QNB Group’s
                                                                                                                                                                                          finance implementation is the responsibility of the Board
                                                                                                                           sustainability framework is aligned with the UN SDGs,
CSR Initiatives                         •   Financial literacy education for      •   QNB Indonesia Goes to School                                                                        of Commissioners, the Board of Directors, and the ESG
                                                                                                                           UNGC, Qatar National Vision 2030, and the Qatar Stock
                                            children in orphanages and children   •   Computer donation                                                                                   Committee. Details on the roles and responsibilities
                                            from low-income families              •   Book donation                        Exchange ESG Guidelines, and is reported annually with
                                                                                                                                                                                          for each function are provided in the Sustainability
                                        •   #QNBBluePledge                        •   Blood drives                         reference to GRI Standards 2021, SASB, and IFRS SDS
                                                                                                                                                                                          Governance chapter.
                                        •   Charitable donations                  •   Breast cancer awareness campaign     S1 and S2.
                                        •   Blood drives
                                        •   Breast cancer awareness campaigns                                              This framework is built on three main pillars, namely
                                                                                                                                                                                          Sustainable finance action plan
                                                                                                                           Sustainable Finance, Sustainable Operations, and
                                                                                                                           Beyond Banking, which support sustainable growth               QNB Indonesia prepares and implements a Sustainable
                                                                                                                           through strengthened risk management, the creation of          Finance Action Plan (RAKB) as a strategic guideline
                                                                                                                           business opportunities, and the enhancement of QNB’s           for integrating environmental, social, and governance
                                                                                                                           brand value.                                                   (ESG) principles into the Bank’s business activities in a
                                                                                                                                                                                          structured and measurable manner. The RAKB serves as
                                                                                                                                                                                          the basis for setting priorities, work programmes, and
                                                                                                                           Sustainability focus in Indonesia                              sustainability targets in line with regulatory requirements
                                                                                                                                                                                          and the Bank’s sustainability strategy.
                                                                                                                           The sustainability programmes implemented by the
                                                                                                                           Bank are designed to meet the needs and expectations
                                                                                                                                                                                          As a long-term commitment, the Bank has established
                                                                                                                           of stakeholders, while fostering the creation of shared
                                                                                                                                                                                          a five-year RAKB for the 2023–2027 period, which
                                                                                                                           value that benefits the Bank’s business, shareholders,
                                                                                                                                                                                          serves as a framework for the continuous development
                                                                                                                           and society.
                                                                                                                                                                                          of Sustainable Finance initiatives. Moreover, the Bank
                                                                                                                                                                                          has also set an annual RAKB for 2025 as a guide for
                                                                                                                           Sustainable Finance refers to the implementation of
                                                                                                                                                                                          programme implementation and the evaluation of
                                                                                                                           environmental, social, and governance (ESG) criteria in
                                                                                                                                                                                          sustainability performance during the reporting period,
                                                                                                                           the Bank’s financing activities to promote high-quality
                                                                                                                                                                                          ensuring that initiatives are carried out consistently and
                                                                                                                           and impactful growth. Through this approach, the
                                                                                                                                                                                          in support of the Bank’s sustainability objectives.
                                                                                                                           Bank supports customers in managing environmental


                                                                                                                                                                                                           PT Bank QNB Indonesia Tbk Annual Report 2025
Page 131
258                                                                                                                                                                                                                                                                        259
                         2025 Highlights                               Reports to Stakeholders                        Company Profile          Management Discussion and Analysis                 Corporate Governance (GCG)                    Sustainability




The Bank’s Long-Term Sustainable Finance Action Plan (5-year plan) for the 2023-2027 period                                                The Short-Term RAKB (1 year) for 2025 was prepared based on the Sustainability Framework through three main pillars,
                                                                                                                                           namely Sustainable Finance, Sustainable Operations, and Beyond Banking, as set out in the tables below:
    No.        Year                    Priority Activity Targets                                    Success Indicator

     1      2023        •   Improving and strengthening the governance            •   Formal implementation of the sustainability          Sustainable Finance
                            framework for all sustainability activities.              governance framework, with adequate resources
                        •   Conducting ESG benchmarking and data                      in place to support sustainability activities.         Period              Activity Description                   Activity Objective                     Performance Indicator
                            collection in preparation for the 2024                •   Completion of the collection of relevant 2023
                            sustainability activities report                          data for inclusion in the 2024 sustainability         Quarter     Fundamental of Sustainable             Enhancing awareness among all            All stakeholders are able to identify
                                                                                      activities report.                                    I-IV        Finance/ESG                            stakeholders of the importance of,       and conduct regular monitoring of
                                                                                                                                                                                               and compliance with, Sustainable         credit facilities for industries that
                                                                                                                                                                                               Finance regulations as required by       support sustainable finance.
    2       2024        Carrying out a bank-wide review of all activities         A detailed report outlining priority sustainability                                                          the Regulator.
                        to identify areas for improvement in line with            activities.                                                                                                                                           Innovation in banking products
                        sustainability principles.                                                                                                                                                                                      based on the sustainable finance
                                                                                                                                                                                                                                        ecosystem.
    3       2025        •   Piloting climate risk stress testing.                 •   Reporting of Climate Risk stress test results to
                        •   Establishing and distributing division-level KPIs         OJK.
                            related to sustainability.                            •   Adoption of sustainability-related KPIs across all    Quarter     Development of electronic channels     Providing services through features      An increase in the number of users,
                                                                                      QNB Indonesia divisions.                              I-IV        to enable customers to conduct         on electronic channels to increase       the number of transactions, and the
                                                                                                                                                        various types of financial and non-    customer loyalty to E-Channel            value of transactions.
                                                                                                                                                        financial transactions using Retail    products as well as other retail
    4       2026        Monitoring and refining sustainability KPIs.              Improved sustainability scores.                                       Banking products.                      products and services.

    5       2027        Continuously improving all sustainability metrics         Evidence of improved scores across Sustainable
                        over the five-year period.                                Finance, Sustainable Operations, and Beyond               Quarter     MSME Financial Inclusion (RPIM)        Increasing RPIM balances through         Achieving the target of 12% of the
                                                                                  Banking.                                                  I-IV                                               several aspects: direct lending,         bankwide loan book allocated to
                                                                                                                                                                                               structured finance, the use of           RPIM.
                                                                                                                                                                                               multifinance facilities, and/or bonds.

Meanwhile, the Short-Term RAKB (1 year) for 2025 sets                       •   QNB Indonesia would continue to submit the
out the following priority targets:                                             Indonesian Sustainable Finance Taxonomy (TKBI)
                                                                                report, previously known as the Indonesian Green
•        All employees were required to participate in                          Taxonomy (THI), on a quarterly basis.                      Sustainable Operations
         mandatory training programmes on the basic                         •   In accordance with OJK guidance, QNB Indonesia
         concepts of Sustainability, to provide a general                       would conduct a pilot stress test in 2025 as part of         Period              Activity Description                   Activity Objective                    Performance Indicators
         understanding of Sustainability and its three pillars.                 Climate Risk Scenario Analysis and Management
•        Relevant employees at managerial level or within                       (CRMS).                                                     Quarter     Limiting the operational hours for     Saving electricity consumption.          The average monthly electricity
         risk-taking units, including Relationship Managers                 •   QNB Indonesia would enhance and continue                    I-IV        the use of air conditioners (AC) and                                            consumption as of 2025 was 73,713
         and analysts, were required to participate in                          programme activities and dissemination initiatives                      lighting.                                                                       kWh.
         training programmes on the basic concepts                              related to the concept of Sustainable Finance for
                                                                                                                                            Quarter     Limiting paper usage and               Reducing paper usage so that the         The average monthly paper usage
         of Sustainable Finance, to support informed                            stakeholders, in order to ensure the continued
                                                                                                                                            I-IV        encouraging double-sided printing      Bank can contribute to minimising        as of 2025 was 131 Kg.
         decision-making and credit approval for debtors                        implementation of Sustainable Finance as                                for document processing (except        tree felling as the primary raw
         and prospective debtors, ensuring that lending                         introduced in previous years.                                           for official documents).               material for paper.
         activities are guided by corporate policies related to             •   In addition, QNB Indonesia would conduct
         environmental sustainability.                                          assessments of market demand for Sustainable                Quarter     Promoting efficient water usage by     Maintaining the availability of water    The average monthly water
•        QNB Indonesia would continue to provide                                Finance products and/or services; the alignment of          I-IV        installing automatic sensor taps at    reserves and reducing greenhouse         consumption as of 2025 was 604
         knowledge-sharing sessions on Climate Risk, in line                    existing products and/or services with sustainable                      the Head Office.                       gas emissions.                           m³.
         with OJK’s guidance, to the business teams, Risk                       business activity criteria; and the management of
         function, and other relevant resources.                                environmental, social, and governance risks within
                                                                                QNB Indonesia’s business activities.




                                                                                                                                                                                                                                 PT Bank QNB Indonesia Tbk Annual Report 2025
Page 132
260                                                                                                                                                                                                                                                                261
                      2025 Highlights                            Reports to Stakeholders                      Company Profile           Management Discussion and Analysis                      Corporate Governance (GCG)               Sustainability




Beyond Banking                                                                                                                      Sustainable Operations

  Period               Activity Description                   Activity Objective                  Performance Indicators                 Activity Description                    Participants                 Type of Activity             Implementation Status

 Quarter     Communicating periodic appeals          Encouraging responsible behaviour      Developing communication                Limiting the operating hours        All employees.                 Manually turning on and          The average monthly
 III-IV      to adopt environmentally friendly       in the workplace and towards the       collateral and conducting               of air conditioners (AC) and                                       off the AC and lights after      electricity consumption as of
             practices and promote employee          environment.                           educational communications              lighting (electricity).                                            operating hours.                 September 2025 was 73,713
             well-being.                                                                    through QNB Indonesia’s media                                                                                                               kWh
                                                                                            (email, posters, website, etc.), and,
                                                                                            where feasible, organising relevant     Limiting paper usage and            All employees.                 Using the e-paypro system        The average monthly paper
                                                                                            events to encourage tangible            using double-sided printing                                        for stationery orders; with      usage as of 2025 was 131 Kg.
                                                                                            employee participation.                 for documents (except for                                          reminders and dissemination
                                                                                                                                    official and final documents).                                     via email.
 Quarter     Resuming the Bank’s annual              Improving the understanding            Implementing at least one activity
 I-IV        financial literacy programme to         of students and/or specific            per semester with a minimum of          Encouraging efficient water         All employees.                 Distribution and use of          The average monthly water
             reach new beneficiaries in cities       community groups regarding the         50 participants. Achievement will       use.                                                               automatic taps.                  consumption as of 2025 was
             across Indonesia.                       fundamentals of financial planning,    be assessed through surveys to                                                                                                              604 m³.
                                                     including budgeting and expense        determine the level of financial
                                                     management                             literacy of individuals and/or
                                                                                            specific groups.



Implementation and Achievements                                                                                                     Beyond Banking

The implementation and achievements of QNB Indonesia’s 2025 RAKB reflect the Bank’s commitment to integrating                            Activity Description                    Participants                 Type of Activity             Implementation Status
environmental, social, and governance (ESG) principles into its business activities in a measurable and sustainable
manner. Throughout the reporting year, the Bank monitored the progress of each initiative based on the established
                                                                                                                                    Periodic communication              All employees                  Dissemination                    QNB Indonesia shared the
performance indicators, serving as a basis for evaluation and continuous improvement in subsequent periods.                         regarding environmentally                                                                           Blue Pledge Campaign
                                                                                                                                    friendly behaviour and                                                                              video published on the QNB
Sustainable Finance                                                                                                                 wellness/health protocols as                                                                        Indonesia LinkedIn account.
                                                                                                                                    part of the Bank’s values on                                                                        The first video was produced
      Activity Description                 Participants                  Type of Activity             Implementation Status         responsible citizenship                                                                             by QNB Indonesia to educate
                                                                                                                                                                                                                                        the public on reducing plastic
                                                                                                                                                                                                                                        use and improving waste
 Providing training and           RM CIB, Strategic Execution,    Offline/online training         Implemented in June 2025.                                                                                                             management for cleaner
 workshops on Sustainability      Compliance, Risk, and all                                                                                                                                                                             oceans.
 and Sustainable Financing        employees of QNB Indonesia
                                                                                                                                                                                                                                        Other videos shared were part
 Supporting MSMEs                 Retail                          Financing                       QNB Indonesia continues                                                                                                               of the Blue Pledge Campaign
                                                                                                  to support existing MSME                                                                                                              conducted by QNB Group
                                                                                                  clients through lending.                                                                                                              and its subsidiaries, including
                                                                                                                                                                                                                                        QNB Turkey, QNB Egypt, QNB
Adopting standards                Corporate & Institutional       Documentation                   The ESRM checklist has                                                                                                                Tunisia, and QNB Indonesia.
consistent with the QNB           Banking                                                         been in use since May 2021,
Environmental and Social                                                                          incorporating screening/          Expanding the QNB                   118 children                   Offline event                    Through offline activities
Risk Management (ESRM)                                                                            monitoring criteria, as well      Indonesia Goes to School                                                                            throughout the year, QNB
framework                                                                                         as list of restricted sectors/    programme, the Bank’s annual        48 employees                                                    Indonesia engaged 118
                                                                                                  exclusion list.                   financial literacy initiative, to                                                                   children with the support
                                                                                                                                    reach 118 students from five                                                                        of 48 employee volunteers
                                                                                                                                    institutions                                                                                        across five locations:
                                                                                                                                                                                                                                        Sekolah Bingkai Jalanan,
                                                                                                                                                                                                                                        Elfattah Mufidah Orphanage,
                                                                                                                                                                                                                                        Abhimata Mitrasamaya
                                                                                                                                                                                                                                        Orphanage, Kampung Melayu
                                                                                                                                                                                                                                        Orphanage, and Domydhu.




                                                                                                                                                                                                                            PT Bank QNB Indonesia Tbk Annual Report 2025
Page 133
262                                                                                                                                                                                                                                                              263
                   2025 Highlights                              Reports to Stakeholders                       Company Profile             Management Discussion and Analysis                Corporate Governance (GCG)                 Sustainability




                                                                                                                                   Sustainability governance
Sustainability targets 2026                                                                                                        Parties responsible for sustainable finance actions
The Bank’s sustainability targets for 2026 are divided into three categories as outlined above. The targets for each               In general, sustainable finance planning and implementation are managed by the ESG Working Group, supported by
category are described below:                                                                                                      Strategy Execution, Human Resources, General Services, Regulatory Compliance, Corporate Communication, and the
                                                                                                                                   Business units. Meanwhile, the supervisory function over the implementation of sustainable finance is the responsibility
                                                                                                                                   of the Board of Commissioners and the Board of Directors.
         Pillar                       Description of Activity                               Indicators of Success
                                                                                                                                   The detailed roles and responsibilities of each function are as follows:
Sustainable Finance      Conducting ESG training and workshops (online        100% completion of AyoBelajar (E-learning) and
                         & offline).                                          at least one offline workshop.                                     Division/Work Unit                                           Roles and Responsibilities

                         Supporting financing for MSMEs in accordance         Measurement of contribution through RPIM ratio
                                                                                                                                    Board of Commissioners                       Active oversight of the implementation of Sustainable Finance Action Plan
                         with BI regulations.                                 in accordance with Bank Indonesia regulations.
                                                                                                                                    Board of Directors                           1. Active oversight of the implementation of Sustainable Finance Action Plan.
                                                                                                                                                                                 2. Responsible for monitoring the implementation of Sustainable Finance
                         Conducting Climate Risk Stress Testing and TKBI      Completion of TKBI checklist and reporting of
                                                                                                                                                                                    Action Plan.
                         reporting.                                           the resilience test results to OJK.
                                                                                                                                    ESG Committee                                1.   Ensure that ESG strategies and policies are formulated, implemented, and
                         Mapping existing portfolios into green, yellow,      Completion of portfolio mapping for all facilities
                                                                                                                                    [Members]                                         periodically updated.
                         and red categories according to the TKBI             that meet TKBI classification requirements.
                                                                                                                                    • Chief Credit Officer                       2.   Reporting on the Sustainable Finance Action Plan.
                         classification.
                                                                                                                                    • Chief Risk Officer                         3.   Reviewing and providing recommendations on the RKAB and the
                                                                                                                                    • Head of Corporate Secretary                     Sustainability Report prior to their approval by the Board of Directors.
Sustainable              Implementing electricity-saving initiatives in the   Target average monthly electricity usage to           • Head of Strategy Execution                 4.   Monitoring and KPIs.
Operations               office.                                              remain ≤51,783 kWh.                                   • Head of Budgeting, Planning & MIS          5.   Governance and compliance.
                                                                                                                                                                                 6.   Oversee governance and regulation.
                         Encouraging paper-saving habits through              Target average monthly paper usage to remain                                                       7.   Stakeholder engagement by supporting the Board of Directors in related
                         controlled printing and digital workflows.           ≤60 reams.                                                                                              communications.
                                                                                                                                                                                 8.   Capacity building by ensuring that ESG training and capacity development
                         Promoting water efficiency.                          Target average monthly water usage to remain                                                            programmes are conducted on a regular basis.
                                                                              ≤523 m³.

Sustainability           Conducting ESG governance training for the           100% of the Board of Directors, Board of
Governance               Board of Directors, Board of Commissioners, and      Commissioners, and Senior Management has
                         Senior Management.                                   attended and completed ESG governance
                                                                              training.                                            Sustainability competency development
                         Integrating ESG Key Performance Indicators           ESG-related KPIs will be distributed to each         QNB Indonesia recognises that successful implementation of sustainable finance depends not only on policy frameworks
                         (KPIs) into management assessments.                  division.                                            and operational processes, but also on the capacity and understanding of all Bank personnel. Therefore, the development
                                                                                                                                   of sustainability competencies is one of the Bank’s strategic priorities to ensure that every employee has adequate
                         Reviewing and updating the Code of Conduct to        A revised Code of Conduct will be published and      knowledge, skills, and awareness in applying environmental, social, and governance (ESG) principles.
                         incorporate ESG principles, anti-corruption, and     acknowledged by all employees.
                         responsible financing.                                                                                    Throughout 2025, the Bank provided training programmes and seminars to develop competencies related to
                                                                                                                                   sustainability aspects.
Beyond Banking           Spreading ESG awareness through ongoing              Implementation of a sustainability awareness
                         campaigns.                                           campaign.

                         Conducting financial literacy programmes.            Continued CSR activities to support financial         No.                          Topic                                        Organiser                         Participants
                                                                              inclusion and further education.
                                                                                                                                      1      E-Learning QNB Sustainable Finance 2025          E-Learning                                All employee

                                                                                                                                     2       Green Economic Outlook 2025: Strengthening       Indonesian Innovation Initiative          Head of Corporate
                                                                                                                                             Economic Resilience through ESG Integration                                                Secretary

                                                                                                                                     3       OJK Institute Webinar: “The Importance of        Financial Services Authority              Strategy Execution
                                                                                                                                             Green Financial Transparency in Financial
                                                                                                                                             Institutions”

                                                                                                                                     4       Bedah Buku: “Indonesia's Sustainable Finance     Financial Services Authority              Strategy Execution
                                                                                                                                             Landscape” by the OJK Institute 2025




                                                                                                                                                                                                                          PT Bank QNB Indonesia Tbk Annual Report 2025
Page 134
264                                                                                                                                                                                                                                                     265
                    2025 Highlights                            Reports to Stakeholders                        Company Profile          Management Discussion and Analysis                Corporate Governance (GCG)           Sustainability




Risk assessment related to sustainability aspects                                                                                 Challenges in implementing sustainable finance
The Bank has strengthened a comprehensive and integrated risk management framework supported by internal controls
to facilitate the implementation of sustainable finance. This framework provides a structured basis for identifying,
                                                                                                                                  Challenges and obstacles arising from both internal and
assessing, and managing risks by integrating conventional risks with environmental, social, and governance (ESG) factors,
                                                                                                                                  external environmental dynamics have the potential to
thereby enhancing the Bank’s resilience to both financial and sustainability-related challenges.
                                                                                                                                  affect the implementation of the sustainable finance
                                                                                                                                  action plan, including the following:
In managing its portfolio, the Bank ensures that each debtor and prospective debtor fulfils the requirements of the
Environmental Impact Assessment (AMDAL) and complies with the Corporate Performance Rating Assessment
                                                                                                                                  1.   External Challenges
Programme in Environmental Management (PROPER) as part of a responsible lending process. In line with its long-term
                                                                                                                                       a. Natural disasters that cause economic losses
strategy, the Bank prioritises financing for sustainable sectors and renewable energy.
                                                                                                                                          and disrupt business operations.
                                                                                                                                       b. The rise of fintech companies, which has
                                                                                                                                          increased the complexity of competition in
Stakeholder engagement
                                                                                                                                          Indonesia’s banking sector.
QNB Indonesia recognises that sustainability cannot be achieved without stakeholders’ active involvement that plays                    c. Limited information regarding guidelines and
a vital role in the Bank’s business ecosystem. Accordingly, the Bank establishes constructive, open, and sustainable                      criteria for Sustainable Finance Projects in
relationships with all stakeholders through structured communication and engagement mechanisms. This approach                             Indonesia
enables the Bank to understand evolving expectations, respond more effectively to material issues, and ensure that
all business activities and strategic decisions remain aligned with the interests of customers, employees, regulators,            2. Internal Challenges
shareholders, business partners, and the wider community.                                                                            The Bank also faces internal challenges in
                                                                                                                                     implementing Sustainable Finance due to limited
                                                                                                                                     resources and the lack of integrated monitoring and
                                                                                                                                     reporting systems.

                                                                                                                                  In response to the various external and internal
   Stakeholders               Related Issues                           Impact                       Engagement Methods            challenges, QNB Indonesia has taken appropriate
                                                                                                                                  measures to mitigate these challenges, including:
Shareholders        •   Sustainable financial            Enhancing trust and maintaining       •   General Meeting of             1. Establishing an ESG Committee to ensure that ESG
                        performance                      business stability.                       Shareholders (GMS)                  strategies and policies are formulated, implemented,
                    •   Implementation of good                                                 •   Periodic performance reports        and regularly reviewed and updated.
                        corporate governance                                                                                      2. Optimising the use of resources to enhance
                                                                                                                                       business performance and maintain profitability.
Government and      •   Compliance with regulations      Maintaining reputation, mitigating    •   Regular meetings
                                                                                                                                  3. Prioritising the development and offering
Regulators          •   Implementation of sustainable    legal risks, and supporting the       •   Periodic performance reports
                        finance and financial literacy   development of a sound financial                                              of Sustainable Finance products to ensure
                                                         industry.                                                                     sustainability and competitiveness in the market.
                                                                                                                                  4. Conducting training programmes to ensure that
Employees           •   Equal employment                 Increasing employee productivity      •   Collective Labour Agreement         all QNB Indonesia employees understand the
                        opportunities                    and loyalty, thereby supporting           (CLA)                               importance of the Sustainable Finance concept.
                    •   Competency development           the Company’s sustainable             •   Internal media
                    •   Remuneration and welfare         performance.                          •   Competency development
                    •   A conducive working                                                        programmes
                        environment                                                            •   QNB Kita Programme

Customers           •   Product and service quality      Enhancing reputation, reducing        •   Product and service
                    •   Customer satisfaction            complaints regarding products             innovation
                    •   Customer privacy                 and services, and mitigating data     •   Customer data security
                                                         breaches.                             •   Social media
                                                                                               •   Contact Centre
                                                                                               •   Face-to-face services
                                                                                               •   Electronic mail

Society and         •   Social impact of business        Improving financial inclusion,        CSR activities and financial
Communities             activities                       strengthening community               literacy initiatives
                    •   Access to financial services     relations, and creating sustainable
                                                         social benefits.

Business Partners   Fair and transparent procurement     Helping to ensure smooth              Contracts and cooperation
                    process                              operations, improving service         agreements
                                                         quality, and reinforcing the
                                                         sustainability of the Bank’s value
                                                         chain.




                                                                                                                                                                                                                 PT Bank QNB Indonesia Tbk Annual Report 2025
Page 135
266                                                                                                                                                                                                                                                267
                    2025 Highlights                          Reports to Stakeholders                    Company Profile       Management Discussion and Analysis               Corporate Governance (GCG)                Sustainability




Sustainable finance




                                                                                                                               Supporting the Low-Carbon Transition, QNB Indonesia Distributes Green Term Loan Facility
                                                                                                                               QNB Indonesia continues to strengthen its role as a trusted financial partner for corporate and institutional
                                                                                                                               clients in Indonesia through the signing of its first green term loan facility with PT CSM Corporatama
QNB Indonesia affirms its commitment to supporting the implementation of Sustainable Finance by placing compliance
                                                                                                                               (Indorent), a subsidiary of PT Indomobil Multi Jasa Tbk, which is part of the Indomobil Group, one of the largest
with Financial Services Authority Regulation No. 51/POJK.03/2017 on the Implementation of Sustainable Finance for
                                                                                                                               and most diversified automotive conglomerates in Indonesia.
Financial Services Institutions, Issuers, and Public Companies as the key foundation in conducting its business activities.
This commitment is in line with QNB Group’s global ESG strategy and framework and is realised through the Bank’s active
                                                                                                                               This green term loan facility supports Indorent’s transition to a more environmentally friendly and energy-
participation in various initiatives aimed at enhancing financial inclusion and expanding public access to responsible
                                                                                                                               efficient fleet and contributes to the broader national agenda for sustainable mobility and environmental
financial services.
                                                                                                                               management. The financing will be used exclusively for the procurement of electric vehicles, reinforcing
                                                                                                                               Indorent’s efforts to integrate electric vehicles into its portfolio and helping to build a low-emission
All financial products and services offered by the Bank have received approval from the Financial Services Authority
                                                                                                                               transport ecosystem.
(OJK) and Bank Indonesia. In conducting its business activities, the Bank also refers to the environmental, social, and
governance (ESG) guidelines established or developed by OJK and QNB Indonesia’s Sustainability Policy.
                                                                                                                               The facility reflects QNB Indonesia’s commitment to supporting Indonesia’s low-carbon transition by financing
                                                                                                                               projects that promote sustainable transportation, positioning the Bank as a part of Indorent’s transformation
The implementation of Sustainable Finance at the Bank is also reflected in the provision of competitive and value-
                                                                                                                               and the acceleration of electric vehicle adoption in Indonesia. QNB Indonesia will provide a green term loan
added banking products and services for the retail, micro, small, and medium enterprises (MSMEs), as well as corporate
                                                                                                                               facility of Rp300 billion, marking a significant milestone in the Bank’s ESG financing journey and strengthening
segments. To ensure alignment between national policies, the provisions of POJK 51/2017, and QNB Group’s ESG
                                                                                                                               its collaboration with leading companies in Indonesia.
framework, the Bank consistently prepares, implements, and evaluates its Sustainable Finance Action Plan (RAKB) on an
annual basis.



Development and innovation of banking products
In 2025, the Bank provided a Green Term Loan facility amounting to Rp300 billion to PT CSM Corporatama (Indorent)
to support Indonesia’s low-carbon transition by financing projects that promote sustainable transportation, thereby
positioning the Bank as part of the acceleration of electric vehicle adoption in Indonesia.

During the reporting period, no banking products or services were withdrawn due to adverse impacts. Any
discontinuation of certain products or financial services in 2025 was conducted based on considerations of their market
relevance.




                                                                                                                                                                                                            PT Bank QNB Indonesia Tbk Annual Report 2025
Page 136
268                                                                                                                                                                                                                                                        269
                   2025 Highlights                         Reports to Stakeholders                   Company Profile             Management Discussion and Analysis              Corporate Governance (GCG)                    Sustainability




Enhancing sustainable financial awareness                      Policy on responsibility for product and                    Contact points                                                       either directly by the customer or through an authorised
                                                               customer                                                                                                                         representative, with the necessary supporting
In line with the strategic role of financial services                                                                      In order to enhance the quality of services provided to
                                                                                                                                                                                                documents attached.
institutions in supporting sustainable economic growth,        The Bank implements the principles of customer              customers, the Bank provides channels for submitting
the Bank conducted a Sustainable Finance Awareness             protection and complaint handling by referring to the       suggestions, complaints, and feedback. Thus, the Bank
                                                                                                                                                                                                Verbal complaints are resolved no later than 5 (five)
Campaign as an effort to strengthen the implementation         applicable laws and regulations. This compliance is         offers various communication channels that customers
                                                                                                                                                                                                working days from the date of receipt, while written
and integration of environmental, social, and governance       realised through the implementation of internal policies    can use, namely:
                                                                                                                                                                                                complaints are resolved within a maximum of 10 (ten)
(ESG) principles across all operational activities.            and procedures aligned with the laws of the Republic        • Contact Centre services, operating 24 hours a day,
                                                                                                                                                                                                working days. In certain cases, if a complaint cannot be
                                                               of Indonesia, as well as the regulations and Financial          at (+62 21) 300 55 300;
                                                                                                                                                                                                resolved within this timeframe, the Bank may extend the
As part of this campaign, the Bank held online training        Services Authority (OJK) circular and Provision and         • Face-to-face services at the Bank’s branch offices;
                                                                                                                                                                                                resolution period by a maximum of 10 (ten) additional
programmes in 2025 covering sustainability topics,             Circular issued by Bank Indonesia.                          • Email correspondence via contact.center@qnb.co.id
                                                                                                                                                                                                working days, in accordance with the applicable laws
including Sustainable Finance, Sustainable Operations,
                                                                                                                                                                                                and regulations.
and Beyond Banking, for all employees. The programme
aimed to enhance the understanding and capabilities            Consumer protection                                         Customer complaint handling
of key internal stakeholders, enabling them to apply
                                                               The Bank regards customer trust as a fundamental            In accordance with the provisions of the Financial                   If a customer does not receive a satisfactory resolution
sustainability practices consistently and effectively.
                                                               aspect underpinning all operational processes. All          Services Authority (OJK) regulations on Consumer                     from the Bank, the complaint may be escalated to
                                                               products and services are developed and operated            and Public Protection in the Financial Services Sector,              Bank Indonesia or the Financial Services Authority
The training content was designed to cover various
                                                               with a focus on safety and compliance, supported by         the Bank implements a structured and coordinated                     (OJK) in accordance with the applicable mechanisms
aspects, including the management and assessment
                                                               effective risk management and compliance functions,         mechanism for handling customer complaints. Every                    and regulations.
of environmental, social, and governance (ESG) risks,
                                                               ensuring that customers can use the Bank’s products         complaint received is forwarded to the relevant work unit
understanding the sustainable finance framework,
                                                               and services safely and reliably.                           and/or branch office for follow-up to ensure resolution in
relevant regulatory requirements and obligations,
                                                                                                                           accordance with the applicable Service Level Agreement
and the application of international best practices in
                                                               The Bank applies a banking confidentiality policy           (SLA). Complaints may be submitted orally or in writing,
sustainable finance.
                                                               which covers the protection of all customer data and
                                                               information, including information relating to savings
                                                               and deposits. This policy ensures that customer data        Throughout 2025, QNB Indonesia received 139 complaints. All complaints were resolved by the end of the year. None
Sustainability practices in loan disbursement                                                                              of the complaints had a significant impact on the Bank’s reputation or operations. The Bank ensures the quality of its
                                                               is managed securely and is not disclosed to parties
                                                               without legitimate interest or authority.                   complaint management by continuously monitor the resolution of each complaint and measure the resolution time.

In accordance with the provisions of the Financial
                                                               As part of efforts to maintain the integrity and security
Services Authority Regulation Number 51/                                                                                                                           Completed                 On Process                  Not Completed
                                                               of information, the Bank implements data security
POJK.03/2017 on the Implementation of Sustainable                                                                                                                                                                                               Number of
                                                               systems supported by advanced technology and                 No         Legal Dispute
Finance for Financial Services Institutions, the Bank                                                                                                                                                                                           Complaints
                                                               information security management standards. These                                             Total       Percentage      Total        Percentage        Total      Percentage
applies sustainability principles in every stage of the
                                                               measures aim to prevent data breaches and maintain the
loan disbursement process. In this regard, the Bank
                                                               reliability of the Bank’s service systems.                    1     ATM and Debit Card         15           11%           0               0%              0            0%              15
requires prospective debtors to comply with relevant
environmental and social requirements applicable to
                                                               The Bank’s obligation to maintain the confidentiality         2     Electronic Banking         36           26%           0               0%              0            0%              36
their business sector, as part of the implementation of
                                                               of customer information may be exempted under
social and environmental risk management.
                                                               certain conditions as stipulated by laws and regulations,     4     Personal Loan              11           8%            0               0%              0            0%              11
                                                               including for taxation purposes, law enforcement
To fulfil these requirements, the Bank requires the                                                                          5     Other Products             14           10%           0               0%              0            0%              14
                                                               processes, or upon written request from the customer
submission of supporting documents, including an
                                                               or their legitimate heirs.
Environmental Impact Assessment (AMDAL), PROPER                                                                              6     Trust                      0            0%            0               0%              0            0%              0
rating, required according to the characteristics of the
                                                               The Bank also continuously strives to provide high-
debtor’s business activities.                                                                                                7     UCan                       63           45%           0               0%              0            0%              63
                                                               quality banking services by applying prudential
                                                               principles, particularly regarding customer protection      TOTAL                                                                                                                139
Furthermore, the Bank does not provide financing for
                                                               and service, in accordance with the applicable laws
business activities in sectors or industries that are
                                                               and regulations. This approach is taken to maintain the
unregulated or prohibited under the laws and regulations
                                                               stability of the banking system and strengthen the trust
applicable in the Republic of Indonesia. The Bank also                                                                     Customer service improvement programme
                                                               relationship between the Bank and its customers.
refrains from granting loans to debtors proven to have
a history of violations of environmental and social                                                                        The Bank is committed to maintaining the quality of customer service by enhancing the competencies of frontline
regulations, reflecting its commitment to supporting the                                                                   staff, both at branch offices and the Contact Centre, supported by ongoing training on banking products and solutions.
implementation of Sustainable Finance as well as the                                                                       In addition, the Bank is gradually improving service accessibility through the expansion of its branch network and the
protection of the environment and social welfare.                                                                          optimisation of digital channels.

                                                                                                                           To ensure the continuous improvement of service quality, the Bank also conducts customer satisfaction surveys as a
                                                                                                                           basis for evaluating and refining service standards to meet customer needs and expectations.




                                                                                                                                                                                                                  PT Bank QNB Indonesia Tbk Annual Report 2025
Page 137
270                                                                                                                                                                                                                                                271
                    2025 Highlights                          Reports to Stakeholders                    Company Profile        Management Discussion and Analysis                Corporate Governance (GCG)              Sustainability




Beyond Banking
QNB Indonesia continues its commitment to Corporate Social                                                                 Financial literacy activities in 2025


Responsibility sustainably through various initiatives designed to
deliver tangible benefits to society. The implementation of these
programmes focuses on efforts to improve the quality of education,
health, and community welfare.

Beyond banking initiatives are realised through a range          The participants, who consisted of primary school
of social programmes, including donation activities,             students, were also provided with knowledge about
financial literacy campaigns, and active employee                various types of professions and how individuals earn
engagement. All of these initiatives are carried out in          income through work and by developing their skills.
a structured manner and are aligned with the Bank’s              Throughout the reporting year, the Bank reached 118
mission to support sustainable community growth and              children from five educational and social institutions,
development in Indonesia.                                        namely Bingkai Jalanan School, Elfattah Mufidah           QNB Indonesia Head Office, 21 March 2025                        QNB Indonesia Head Office, 23 May 2025
                                                                 Orphanage, Abhimata Mitrasamaya Orphanage,                Beneficiaries:                                                  Beneficiaries:
                                                                 Kampung Melayu Orphanage, and Dompet Yatim and            20 children from Bingkai Jalanan School                         30 orphans from Elfattah Mufidah Orphanage
Financial literacy                                               Dhuafa Foundation.

In 2025, QNB Indonesia carried out five financial literacy
                                                                 With employees’ support as volunteers, the financial
activities aimed at empowering the younger generation
                                                                 literacy education was delivered through interactive
through improvement of basic understanding on
                                                                 learning methods, including educational games
financial management. This programme is designed to
                                                                 designed to simplify financial concepts for easier
help children learn, interact, and develop with financial
                                                                 understanding. This initiative reflects the Bank’s
knowledge from an early age.
                                                                 commitment to expanding access to financial education
                                                                 while contributing to increasing financial independence
                                                                 for future generations.

                                                                 All these activities were expected to support the
                                                                 Government’s efforts to enhance financial literacy
                                                                 and financial inclusion in Indonesia, and thus, helping
                                                                 more young people have financial understanding
                                                                 and skills that can support their future and also the
                                                                 surrounding environment.
                                                                                                                           Abhimata Mitrasamaya Foundation, 26 June 2025                   QNB Indonesia Head Office, 11 July 2025
                                                                 To date, the Bank has provided basic financial literacy   Beneficiaries:                                                  Beneficiaries:
                                                                 education to more than 800 beneficiaries, ranging         20 children from Abhimata Mitrasamaya Orphanage                 20 children from Kampung Melayu Bersama Orphanage and
                                                                 from primary school students to senior high school and                                                                    children and grandchildren of QNB First customers
                                                                 vocational high school students.




                                                                                                                           QNB Indonesia Head Office, 17 November 2025
                                                                                                                           Beneficiaries:
                                                                                                                           28 children from Dompet Yatim dan Dhuafa Foundation
                                                                                                                           (Domyandhu)



                                                                                                                                                                                                            PT Bank QNB Indonesia Tbk Annual Report 2025
Page 138
272                                                                                                                                                                                                                                                     273
                    2025 Highlights                           Reports to Stakeholders                    Company Profile         Management Discussion and Analysis                Corporate Governance (GCG)                 Sustainability




                                                                                                                             Sustainable operations
                                                                                                                             QNB Indonesia focuses on strengthening corporate governance
                                                                                                                             and risk management practices in line with the prudential
                                                                                                                             principle. At the same time, the Bank encourages an equitable
                                                                                                                             and inclusive work environment and implements measures to
                                                                                                                             reduce environmental impact through the management of carbon
                                                                                                                             emissions from its operational activities. Therefore, sustainable
                                                                                                                             operations form an important foundation for the Bank in creating
                                                                                                                             long-term sustainable value for all stakeholders.

#QNBBluePledge
                                                                                                                             Equality
QNB Indonesia participated in #QNBBluePledge global initiative launched by QNB Group, the largest financial institution
in the Middle East and Africa. This initiative aims to raise awareness of the importance of environmental protection,        The Bank ensures equal opportunities for all employees, regardless of gender, age, race, ethnicity, religion, or beliefs.
particularly marine conservation, across all countries in which QNB Group operates. The global initiative is implemented     Recruitment, placement, competency development, and career improvement are conducted based on the principle of
in line with QNB Group’s sustainability strategy and in support of the achievement of the United Nations Sustainable         meritocracy, considering skills and experience to provide employees with equal access.
Development Goals.
                                                                                                                             The Bank’s commitment to building an inclusive workplace has also received external recognition. In 2025, the Bank
The activity was carried out at Ancol Beach on 11 August 2025 through the organisation of a workshop attended by             received the “Diversity, Equity, and Inclusion Company” award at the HR Asia Awards 2025, recognising its excellence in
employees and their families. The workshop featured various activities aimed at protecting the ocean from waste              valuing diversity and inclusion, as well as equal opportunities for all.
pollution caused by the use of single-use plastics. Participants were also provided with skills on how to recycle plastic
waste, with the opportunity to directly practise creating innovative products such as bags and accessories made from         Gender equality is also a key component of sustainability and good governance principles and serves as a foundation for
recycled plastic.                                                                                                            building an inclusive and fair workplace culture. The Bank seeks to encourage balanced participation and active roles for
                                                                                                                             both women and men, including in strategic and leadership positions, thereby strengthening organisational capabilities
This activity was conducted in collaboration with 4GoodThings, a local company focused on sustainability and the             and creating sustainable added value. This is reflected in the relatively balanced number of female and male employees,
production of recycled goods. The initiative is expected to motivate participants to become more actively involved           as shown in the table below:
in supporting marine conservation through simple and practical actions, reducing the use of single-use plastics, and
disposing of waste responsibly.


                                                                                                                                              Position                                 Female                                       Male
Ramadan CSR activities                                            Breast cancer awareness month
                                                                                                                             Commissioners                                                                   1                                           3
In the spirit of Ramadan, QNB Indonesia visited                   QNB Indonesia is partnering with Lovepink Indonesia
Dompet Yatim and Dhuafa Foundation (Domyandhu)                    Foundation to support breast cancer awareness month        Directors                                                                      0                                            4
to distribute donations of basic necessities and school           in October 2025. Through this initiative, employees and
supplies to 35 foster children at the foundation. Thirteen        the public are reminded to be more aware of the dangers    Division Heads                                                                14                                           11
employees actively participated in various activities             of breast cancer and proactively seek early detection to
aimed at entertaining the children while they waited for          reduce their risk.                                         Staff                                                                        124                                          121
the time to break their fast together.
                                                                  The Bank encourages employees to live healthier lives      Total                                                                        139                                         139
                                                                  through yoga and fun walks. The Bank also involves
Blood donation                                                    employees’ families and provides fun education through
                                                                  arts & crafts activities. As a positive contribution to
In 2025, QNB Indonesia held another blood donation
                                                                  others, the Bank also provided free examination for
activity as part of QNB Juang 2025 programme. This
                                                                  25 women in Depok area, West Java. This activity was
annual activity demonstrates the Bank’s commitment
                                                                  part of the 10,000 Free Breast Ultrasounds Movement
to supporting the availability of blood supplies for
                                                                  initiated by Lovepink Indonesia.
healthcare services in Indonesia. In collaboration with
the Indonesian Red Cross (PMI), this activity involved
active participation of 81 employees and successfully
collected 68 blood bags. This initiative reflects the
Bank’s ongoing commitment to making a positive
contribution to the community while strengthening a
culture of social responsibility in the workplace.




                                                                                                                                                                                                                 PT Bank QNB Indonesia Tbk Annual Report 2025
Page 139
274                                                                                                                                                                                                                                            275
                    2025 Highlights                          Reports to Stakeholders                   Company Profile       Management Discussion and Analysis               Corporate Governance (GCG)              Sustainability




                                                                                                                         Commitment to prohibit child labour and forced                 Occupational health and safety
                                                                                                                         labour                                                         QNB Indonesia recognises that employee health and
                                                                                                                         QNB Indonesia upholds the principles of human                  safety are fundamental to the continuity of operations
                                                                                                                         rights and responsible labour practices across all its         and organisational productivity. Therefore, the Bank
                                                                                                                         operational activities. The Bank strictly prohibits all        is committed to ensuring that all employees have
                                                                                                                         forms of child labour and forced labour, both within           access to adequate healthcare services through health
                                                                                                                         internal operations and in its employment relationships        insurance programmes provided by the Bank, including
                                                                                                                         with third parties.                                            coverage for employees’ dependents.

                                                                                                                                                                                        In addition to health protection, the Bank facilitates
                                                                                                                         Industrial relations                                           annual medical check-ups as a preventive measure to
                                                                                                                                                                                        support early detection and maintain employees’ health
                                                                                                                         The management of industrial relations and the                 sustainably. Through these efforts, the Bank aims to
                                                                                                                         formulation of labour policies and regulations at the          create a healthy, safe, and supportive work environment
                                                                                                                         Bank are carried out with reference to Law Number              that promotes overall employee well-being.
                                                                                                                         6 of 2023 on Manpower. Compliance with this
                                                                                                                         regulation is reflected in the implementation of the           In order to minimise occupational hazards and safeguard
                                                                                                                         principle of freedom of association within the Bank, as        employee health, the Bank mandates adherence to safe
                                                                                                                         stipulated in Law Number 21 of 2000 on Trade Unions/           work guidelines and procedures. Furthermore, the Bank
                                                                                                                         Labour Unions.                                                 regularly conducts Business Continuity Management
                                                                                                                                                                                        (BCM) drills to ensure employees are prepared for
                                                                                                                         The Bank’s management actively engages in                      emergencies and disaster situations. Throughout 2025,
                                                                                                                         communication and dialogue with trade union leaders            no occupational accidents occurred across any of the
                                                                                                                         and members to maintain harmonious industrial                  Bank’s operational locations.
                                                                                                                         relations that are respectful and oriented towards
                                                                                                                         mutual interests.
                                                                                                                                                                                        QNB Kita
                                                                                                                         Any potential industrial disputes are resolved through
                                                                                                                         deliberation at the divisional or company level, in            To strengthen a sense of togetherness and enhance
                                                                                                                         accordance with Law Number 6 of 2023 and Law                   employee engagement with the Bank, QNB Indonesia
                                                                                                                         Number 2 of 2004 on the Settlement of Industrial               introduced the QNB Kita programme as a platform
                                                                                                                         Relations Disputes. Throughout 2025, the Bank did              to encourage positive interaction and collaboration
                                                                                                                         not receive any complaints from employees regarding            among Bank personnel. Through a series of regularly
      QNB Indonesia Wins HR Asia Awards 2025                                                                             labour practices.                                              organised activities and events, QNB Kita serves as a
                                                                                                                                                                                        means to build an inclusive work culture, strengthen
      QNB Indonesia secured several awards at the HR Asia Awards 2025. The HR Asia Awards 2025 is a prestigious
                                                                                                                         As the foundation of their working relationship, the           internal relationships, and foster a spirit of togetherness
      awards platform recognising outstanding HR leaders, companies and teams across Asia. The Bank was once
                                                                                                                         Bank and the labor union have entered into a Collective        in supporting the Bank’s sustainable achievement of
      again named one of the best employers in Indonesia after receiving the “Best Companies to Work for in
                                                                                                                         Bargaining Agreement (CBA) that sets forth provisions          its goals.
      Asia”, “Most Caring Company” awards, and for the first time, the Bank also received the “Diversity, Equity, and
                                                                                                                         regarding working conditions as well as the rights and
      Inclusion Company” award in recognition of its excellence in HR best practices.
                                                                                                                         obligations of the parties in accordance with applicable       In 2025, QNB Kita activities included:
                                                                                                                         laws and regulations.                                          • Sports Competition (QNB Juang)
      The “Best Companies to Work for in Asia” award reflects the Bank’s efforts in fostering a performance-driven
                                                                                                                                                                                        • The Ruby Women Club: Funwalk, Iftar with
      culture, where employees are encouraged to collaborate and demonstrate excellence within a positive,
                                                                                                                                                                                            Orphanage, Talk Show
      supportive and cooperative working environment.
                                                                                                                         Remuneration                                                   • Ramadhan Gathering
                                                                                                                                                                                        • Health Talks
      Meanwhile, the “Most Caring Company 2025” award celebrates the Bank’s proactive initiatives in supporting          The Bank implements a fair and responsible                     • Regular Sports Activity: Badminton, Padel, Soccer,
      employee wellbeing. Based on a survey conducted by HR Asia involving more than 300 leading companies in            compensation policy for all employees without                      Yoga, Cardio Dance, Body Combat.
      Indonesia, QNB Indonesia achieved scores above the market average for its employee programmes, which are           exception, in accordance with the provisions of labor
      specifically designed to address the aspirations and needs of its workforce.                                       laws and regulations. The Bank has paid wages to its
                                                                                                                         lowest-level employees in accordance with the minimum
      The “Diversity, Equity, and Inclusion Company” award marks a new milestone for QNB Indonesia. This                 wage regulations in each region.
      recognition underscores the Bank’s ongoing commitment to leading the way in cultivating a workplace culture
      that values diversity and inclusivity, and provides equal opportunities for all.




                                                                                                                                                                                                        PT Bank QNB Indonesia Tbk Annual Report 2025
Page 140
276                                                                                                                                                                                                                                                         277
                    2025 Highlights                          Reports to Stakeholders                     Company Profile         Management Discussion and Analysis                Corporate Governance (GCG)                   Sustainability




Training and competency development
                                                                                                                                              Directorate                     Untrained             Trained         Total Employees           Fulfillment
Employee competency development is a strategic investment to maintain competitiveness and ensure the sustainability
of the Bank’s performance. Therefore, the Bank consistently conducts structured training and development programmes
                                                                                                                             Management Development Programme                      0                  10                   10                    100%
to enhance both technical and non-technical capabilities, as well as to strengthen employees’ readiness to meet the
evolving dynamics of the industry and business needs.
                                                                                                                             Treasury & Financial Institution                      0                   8                   8                     100%

                                                                                                                             Average                                                                                                             99%
In 2025, the Bank implemented employee training and competency development programmes such as:
• Leadership (Core/Main Programme);
• Mandatory & Professional certifications and accreditation;
• Soft skills, including business English class, communication classes, presentation skills, and negotiation skills;
• Technical skills, including AI Trainings, trade finance, corporate syndications, tax training and financial
    reporting training;                                                                                                                                                                                        2025
• Sharing sessions, dissemination, and workshops;                                                                                            Programme
• Management Development Programme;
                                                                                                                                                                                 Number of Programmes                     Number of Participants
• Internship Programme.

                                                                                                                              Core Programme                                                25                                       2,909
                        Training Indicators                                       Achievements in 2025
                                                                                                                              Accreditation and Certification                               41                                        227

Number of Programmes                                                                                                   235    Technical/Functional Training                                 127                                      4,604

Number of Participants                                                                                             9,482      Professional & Leadership Development                         24                                         421

Total Training Hours                                                                                     15,420.13 Hours      Talent Development Programme                                   4                                         10

Average Training Hours per Employee                                                                          42.48 Hours      Employee Learning & Engagement Forum                           2                                         121

Proportion of Person-Hours ≥3 Days                                                                           42.48 Hours      Infrastructure & Learning Centre                               2                                         0*

Training Distribution                                                                                             99.27%     *No participants, as the purpose is to identify training infrastructure needs, specifically training equipment
                                                                                                                             (training equipment)



                 Directorate                     Untrained            Trained         Total Employees        Fulfillment     Eco-conscious operations
                                                                                                                             QNB Indonesia is committed to conducting operations in an increasingly environmentally friendly manner through
CEO                                                  0                   2                   2                 100%          the gradual implementation of various carbon footprint reduction initiatives. One of fundamental steps taken is the
                                                                                                                             enhancement of emission recording and reporting more extensively from all relevant emission sources in the Bank’s
Compliance                                           0                   14                  14                100%          operational activities. This approach provides an essential basis for ensuring more measurable, accurate, and consistent
                                                                                                                             emission management over time.
Corporate & Institutional Banking                    1                   20                  21                 95%

                                                                                                                             In 2025, the Bank’s total energy consumption under Scope 1 and 2 according to the GHG Protocol was recorded at 3,732
Credit                                               0                   24                  24                100%
                                                                                                                             GJ, with total carbon emissions of 667 tonnes of CO₂, equivalent to an energy intensity of 13.62 GJ per employee and an
Finance                                              0                   16                  16                100%          emissions intensity of 2.27 tonnes of CO₂ per employee.

Human Resources                                      0                   11                  11                100%

Operations & Technology                              1                   58                  59                 98%

Retail Banking                                       0                   71                  71                100%

Risk                                                 0                   19                  19                100%




                                                                                                                                                                                                                PT Bank QNB Indonesia Tbk Annual Report 2025
Page 141
278                                                                                                                                                                                                                                                             279
                       2025 Highlights                            Reports to Stakeholders                     Company Profile            Management Discussion and Analysis                 Corporate Governance (GCG)                Sustainability




                                                                                                                                     About the sustainability report
Energy consumption                                                                                                                   The 2025 Sustainability Report of QNB Indonesia has been prepared as a manifestation of our transparency and
                                                                                                                                     accountability in managing economic, social, and environmental impacts amid the continually evolving dynamics of the
                                                                                                                                     financial services industry. The year 2025 marks a significant step in strengthening the sustainability initiatives that have
                     Energy Source                             Unit                    2025                       2024
                                                                                                                                     been established in previous years, while also ensuring that our business strategy moves in alignment with the principles
                                                                                                                                     of good corporate governance and the expectations of stakeholders.
 Gasoline for vehicles                                         Litres                          10,676                    11,686
                                                                                                                                     Through this report, we outline how QNB Indonesia’s sustainability strategy is laying the foundations to integrate its long-
 Diesel for generators                                         Litres                           4,731                    2,844
                                                                                                                                     term business direction in the future, including in responding to regulatory changes, referencing relevant international
                                                                                                                                     standards, and global challenges such as climate change. Sustainability is not merely a complement to operational
 Energy consumption from fuel consumption                       GJ                               548                       509
                                                                                                                                     activities, but going forward, a foundation that will guide business decision and innovation we undertake.
 Electricity usage                                             kWh                            884,552                  958,069

 Energy consumption from electricity                            GJ                              3,184                    3,449
                                                                                                                                      Reporting Standards                 •   Financial Services Authority (OJK) Circular No. 16/SEOJK.04/2021 on the Form and
                                                                                                                                                                              Content of Annual Reports of Issuers or Public Companies.
 Total energy consumption                                       GJ                              3,732                    3,958
                                                                                                                                                                          •   Global Reporting Initiative (GRI) Standards as a reference.
 Energy intensity                                       GJ/employee                             13.62                      9.82
                                                                                                                                      Reporting Period                    •   Published annually
                                                                                                                                                                          •   Reporting period: 1 January–31 December 2025

GHG Emission generated                                                                                                                Scope and Boundaries                Bank QNB Indonesia, without subsidiaries, comprises one non-operational head office
                                                                                                                                                                          and 3 branch offices (as of 5 January 2026).
                     Emission Source                           Unit                    2025                       2024
                                                                                                                                      Restatement                         There has been no restatement of information from previous reports.
 Scope 1                                                  TonCO2e                                 34                        32
                                                                                                                                      External Verification               The Bank has not undertaken external verification. The verification process is conducted
                                                                                                                                                                          internally to ensure the quality of the data and narratives presented.
 Scope 2                                                  TonCO2e                                587                       636
                                                                                                                                      Reporting Contact                   Contact Center QNB Indonesia
 Total GHG emissions Scope 1 and Scope 2                  TonCO2e                                 621                      667
                                                                                                                                                                          Contact.Center@qnb.co.id
                                                                                                                                                                          +62 21 300 55 300
 Scope 3 of the business trip                             TonCO2e                               27.60                    26.89

 GHG emissions Scope 1 and Scope 2 intensity             TonCO2e/                                2.27                      1.66
                                                         employee




Furthermore, the Bank has calculated its water                          Banking operational activities do not directly have a
consumption, which reached 7,249 m3, a 9% decrease                      significant impact on the environment. QNB Indonesia’s
from that of the previous year. Paper usage also                        offices are also not located in areas of high biodiversity
decreased by 21% to 1,569 kg compared to the previous                   or conservation zones. Nevertheless, the Bank continues
year’s usage. For the record, all paper used is certified by            to carry out environmental conservation activities
the Forest Stewardship Council (FSC) or the Programme                   through #QNBBluePledge global initiative. Further
for the Endorsement of Forest Certification (PEFC),                     details of this activity are provided in the Beyond
which guarantees that wood/forest-based products are                    Banking chapter.
managed sustainably.
                                                                        Through 2025, the Bank received no complaints related
Meanwhile, the Bank is currently in the process of                      to the environment.
calculating and implementing solid and liquid waste.
During 2025, the Bank incurred a total of Rp90,723,235
in expenditures related to environmental preservation,
environmental impact, and social responsibility
initiatives, reflecting its continued commitment to
sustainable development.




                                                                                                                                                                                                                         PT Bank QNB Indonesia Tbk Annual Report 2025
Page 142
280                                                                                                                                                                                                                                                       281
                      2025 Highlights                            Reports to Stakeholders                     Company Profile         Management Discussion and Analysis                   Corporate Governance (GCG)           Sustainability




Feedback Form                                                                                                                       List of Disclosure Based on
                                                                                                                                    POJK No.51/Pojk.03/2017


Please tick the box for the stakeholder group that best describes you:
                                                                                                                                    No. Indeks                                          Name Indeks                                             Page
       Employee                                                          NGO

                                                                                                                                                 Sustainability Strategy
       Contractor/Sub-contractor/Vendor/Supplier                         Media
                                                                                                                                       A.1       Explanation on Sustainability Strategies                                                       157
       Customer                                                          Student / Academics
                                                                                                                                                 Overview of Sustainability Aspects Performance
       Investor / Financial Analyst / Shareholders                       Others: ___________________
                                                                                                                                       B.1       Economy Aspects                                                                                256
       Regulator
                                                                                                                                       B.2       Environmental Aspects                                                                          256

                                                                                                                                       B.3       Social Aspects                                                                                 256
Please rate the report for:                                                                (1 being POOR up to 5 being EXCELLENT)

                                                                                                                                                 Company Profile
                                        Parameter                                              1       2     3       4       5
                                                                                                                                       C.1       Vission, Mission, Sustainable Values                                                            34
 Meeting your information needs
                                                                                                                                       C.2       Company Address                                                                                30
 Content completeness
                                                                                                                                       C.3       Total employee based on gender, position, age, education and employment status;             30, 64, 78
 Transparency                                                                                                                                    Percentage of share ownership; and
                                                                                                                                                 Operational area.
 Clarity and easy to understand
                                                                                                                                       C.4       Product, Service and Business Activities                                                    30, 36, 37
 Ease in finding information
                                                                                                                                       C.5       Member Association                                                                              83
 Overall Report
                                                                                                                                       C.6       Significant Changes                                                                            None

                                                                                                                                                 Director Explanation
Does the report address your main concerns about our performance?
Please elaborate:                                                                                                                      D.1       Director Explanation                                                                            22

                                                                                                                                                 Sustainable Corporate Governance

                                                                                                                                       E.1       Person in Charge Responsibility for Sustainable Finance                                        263

                                                                                                                                       E.2       Sustainable Finance Competency Development                                                     263

                                                                                                                                       E.3       Sustainable Finance Risk Assessment Implementation                                             264

                                                                                                                                       E.4       Stakeholders Relations                                                                         264

                                                                                                                                       E.5       Sustainable Finance Implementation Problems                                                    265
How could we improve this report in the future
                                                                                                                                                 Sustainable Performance

                                                                                                                                       F.1       The Activities of Building a Culture of Sustainability                                         209




                                                                                                                                                                                                                  PT Bank QNB Indonesia Tbk Annual Report 2025
Page 143
282                                                                                                                                                                                                                                         283
                 2025 Highlights                            Reports to Stakeholders                 Company Profile    Management Discussion and Analysis                 Corporate Governance (GCG)              Sustainability




 No. Indeks                                        Name Indeks                                           Page         No. Indeks                                        Name Indeks                                                Page


              Economic Performance                                                                                                 Employment Aspect

      F.2     Comparison of Production Targets and Performance, Portfolio, Financial Targets, or          110            F.18      Equality of Employment Opportunities                                                            273
              Investment, Revenue and Profit
                                                                                                                         F.19      Tenaga Kerja Anak dan Tenaga Kerja Paksa                                                        275
      F.3     Comparison of Portfolio Targets and Performance, Financing Targets, or Investments         266                       Child Labor and Forced Labor
              in Financial Instruments or Projects in Line With the Implementation of Sustainable
              Finance                                                                                                   F.20       Upah Minimum Regional                                                                           275
                                                                                                                                   The Regional Minimum Wage
              Environmental Performance
                                                                                                                         F.21      Decent and Safe Working Environment                                                             275
      F.4     Environment Cost Incurred                                                                  278
                                                                                                                         F.22      Training and Capacity Building of Employees                                                     276
              Material Aspect
                                                                                                                                   Society Aspect
      F.5     Use of Environmentally Friendly Materials                                                  278
                                                                                                                         F.23      Operational Impacts to the Surrounding Community                                                270
              Aspek Energi
                                                                                                                         F.24      Public Complaints                                                                               269
      F.6     The Amount and Intensity of Energy Used                                                    278
                                                                                                                         F.25      Environmental and Social Responsibility Activities                                              270
      F.7     Efforts and Achievement of Energy Efficiency Including Use of Renewable Energy             277
              Sources                                                                                                              Responsibilities for Developing Sustainable Products/Services

              Water Aspect                                                                                               F.26      Innovation and Development of Sustainable Financial Products and/or Services                    266

      F.8     Water Used                                                                                 278             F.27      Products/Services that have been Evaluated for Safety for Customers                             268

              Biodiversity Aspect                                                                                        F.28      Products/Service Impacts                                                                        268

      F.9     Impacts from Operational Areas Close to or in Conservation Areas or Having                 278             F.29      Number of Products Recalled                                                                     266
              Biodiversity
                                                                                                                        F.30       Customer Satisfaction Survey of Sustainable Finance and/or Services                             269
      F.10    Biodiversity Conservation Efforts                                                          278
                                                                                                                                   Other
              Emission Aspect
                                                                                                                         G.1       Written Verification from an Independent Party (if any)                                         None
      F.11    The Amount and Intensity of Emissions Produced by Type                                     278
                                                                                                                         G.2       Feedback Form                                                                                   280
      F.12    Efforts and Achievement Emission Reduction Carried Out                                     277
                                                                                                                         G.3       Feedback on Previous Year’s Sustainability Report                                               None
              Waste and Effluent Aspect
                                                                                                                         G.4       Disclosure List Based on POJK No.51/POJK.03/2017 regarding the Implementation of                281
      F.13    The Amount of Waste and Effluent Produced by Type                                          278                       Sustainable Finance for Financial Services Institutions, Listed Companies and Public
                                                                                                                                   Companies
      F.14    Mechanism of Waste and Effluent Management                                                 278

      F.15    Spills that Occur (if any)                                                                 278

              Environmental Complaint Aspect

      F.16    The Amount and Material of Environmental Complaints Received and Resolved                  278

              Social Aspect

      F.17    Commitment to Provide Services for Equivalent Products and/or Services to                  268
              Consumers




                                                                                                                                                                                                     PT Bank QNB Indonesia Tbk Annual Report 2025
Page 144
7
    Financial
    Statements
Page 145
PT Bank QNB Indonesia Tbk

Laporan keuangan tanggal 31 Desember 2025
dan untuk tahun yang berakhir pada tanggal tersebut
beserta laporan auditor independen/
Financial statements as of December 31, 2025 and
for the year then ended with independent auditor’s report
Page 146
                                                          The original financial statements included herein are in the
                                                                                                Indonesian language.

          PT BANK QNB INDONESIA TBK                               PT BANK QNB INDONESIA TBK
              LAPORAN KEUANGAN                                        FINANCIAL STATEMENTS
          TANGGAL 31 DESEMBER 2025                                   AS OF DECEMBER 31, 2025
     DAN UNTUK TAHUN YANG BERAKHIR PADA                        AND FOR THE YEAR THEN ENDED
              TANGGAL TERSEBUT                                WITH INDEPENDENT AUDITOR’S REPORT
     BESERTA LAPORAN AUDITOR INDEPENDEN

                      Daftar Isi                                           Table of Contents
                                                                                                                                                                                                                         The original report included herein is in
                                           Halaman/                                                                                                                                                                                     the Indonesian language.
                                            Pages


                                                                                                                         Laporan Audit or Independen                                                Independent Audit or’s Report
Laporan Auditor Independen                                                        Independent Auditor’s Report

Laporan Posisi Keuangan ……………………………....       1-2      ………………...……… Statement of Financial Position                      Laporan No.                   00309/ 2.1505/ AU.1/ 07/ 1681-               Report       No.    00309/ 2.1505/ AU.1/ 07/ 1681-
                                                                                                                         3/ 1/ III/ 2026                                                            3/ 1/ III/ 2026

Laporan Laba Rugi dan Penghasilan                             Statement of Profit or Loss and Other
    Komprehensif Lain ………………………………….          3-4      ……………………………Comprehensive Income                                   Pemegang     Saham,     Dewan                             Komisaris,       The Shareholders and t he                   Boards       of
                                                                                                                         dan Direksi                                                                Commissioners and Direct ors
Laporan Perubahan Ekuitas ……………………………          5       …………………………Statement of Changes in Equity                          PT Bank QNB Indonesia Tbk                                                  PT Bank QNB Indonesia Tbk

                                                                                                                         Opini                                                                      Opinion
Laporan Arus Kas ………………………………………...           6-7      ………………..……………… Statement of Cash Flows
                                                                                                                         Kami telah mengaudit laporan keuangan PT Bank                              We have audited the accompanying financial
Catatan Atas Laporan Keuangan ………………………      8-137     ………………………Notes to the Financial Statements                        QNB Indonesia Tbk (“ Bank” ) terlampir, yang terdiri                       statements of PT Bank QNB Indonesia Tbk (the
                                                                                                                         dari laporan posisi keuangan tanggal 31 Desember                           “ Bank” ), which comprise the statement of
                                                                                                                         2025, serta laporan laba rugi dan penghasilan                              financial position as of December 31, 2025, and
                                                                                                                         komprehensif lain, laporan perubahan ekuitas, dan                          the statement of profit or loss and other
                                   ************************                                                              laporan arus kas untuk tahun yang berakhir pada                            comprehensive income, statement of changes in
                                                                                                                         tanggal tersebut, serta catatan atas laporan                               equity, and statement of cash flows for the year
                                                                                                                         keuangan,     termasuk      informasi     kebijakan                        then ended, and notes to the financial statements,
                                                                                                                         akuntansi material.                                                        including material accounting policy information.

                                                                                                                         Menurut opini kami, laporan keuangan terlampir                             In our opinion, the accompanying financial
                                                                                                                         menyajikan secara wajar, dalam semua hal yang                              statements present fairly, in all material respects,
                                                                                                                         material,  posisi   keuangan     Bank tanggal                              the financial position of the Bank as of
                                                                                                                         31 Desember 2025, serta kinerja keuangan dan                               December 31, 2025, and it s financial
                                                                                                                         arus kasnya untuk tahun yang berakhir pada                                 performance and cash flows for the year then
                                                                                                                         tanggal tersebut, sesuai dengan Standar                                    ended, in accordance with Indonesian Financial
                                                                                                                         Akuntansi Keuangan di Indonesia.                                           Accounting Standards.

                                                                                                                         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 est ablished by the
                                                                                                                         Akuntan Publik Indonesia (“ IAPI” ). Tanggung                              Indonesian      Institute   of   Certified    Public
                                                                                                                         jawab kami menurut standar tersebut diuraikan                              Accountants (“ IICPA” ). Our responsibilities under
                                                                                                                         lebih lanjut dalam paragraf Tanggung Jawab                                 those standards are furt her described in the
                                                                                                                         Auditor terhadap Audit atas Laporan Keuangan                               Auditor’s Responsibilities for the Audit of the
                                                                                                                         pada laporan kami. Kami independen terhadap                                Financial Statements paragraph of our report. We
                                                                                                                         Bank berdasarkan ketentuan etika yang relevan                              are independent of the Bank in accordance with
                                                                                                                         dalam audit kami atas laporan keuangan di                                  the ethical requirements that are relevant to our
                                                                                                                         Indonesia, dan kami telah memenuhi tanggung                                audit of the financial statement s in Indonesia, and
                                                                                                                         jawab etika lainnya berdasarkan ketentuan                                  we have fulfilled our other ethical responsibilities
                                                                                                                         tersebut. Kami yakin bahwa bukti audit yang telah                          in accordance with these requirements. We
                                                                                                                         kami peroleh adalah cukup dan tepat untuk                                  believe that the audit evidence we have obt ained
                                                                                                                         menyediakan suatu basis bagi opini kami.                                   is sufficient and appropriate to provide a basis for
                                                                                                                                                                                                    our opinion.



                                                                                                                          KAP Purwanto Susanti dan Surja
                                                                                                                          Registered Public Accountants KMK No. 69/ MK/ SK/ 2025
                                                                                                                                                                                                i
                                                                                                                          A member firm of Ernst & Young Global Limited
Page 147
                                                                               The original report included herein is in                                                                                    The original report included herein is in
                                                                                              the Indonesian language.                                                                                                     the Indonesian language.


Laporan Audit or Independen (lanjut an)                  Independent Audit or’s Report (cont inued)                        Laporan Audit or Independen (lanjut an)                      Independent Audit or’s Report (cont inued)

Laporan No. 00309/ 2.1505/ AU.1/ 07/ 1681-               Report       No.    00309/ 2.1505/ AU.1/ 07/ 1681-                Laporan No. 00309/ 2.1505/ AU.1/ 07/ 1681-                   Report       No.    00309/ 2.1505/ AU.1/ 07/ 1681-
3/ 1/ III/ 2026 (lanjutan)                               3/ 1/ III/ 2026 (continued)                                       3/ 1/ III/ 2026 (lanjutan)                                   3/ 1/ III/ 2026 (continued)

Hal audit ut ama                                         Key audit mat t ers                                               Hal audit ut ama (lanjut an)                                 Key audit mat t ers (cont inued)

Hal audit utama adalah hal-hal yang, menurut             Key audit matters are those matters that, in our                  Cadangan kerugian penurunan nilai atas kredit                Allowance for     impairment       losses on        loans
pertimbangan profesional kami, merupakan hal             professional judgment, were of most significance                  yang diberikan (lanjutan)                                    (continued)
yang paling signifikan dalam audit kami atas             in our audit of the financial statements of the
laporan keuangan periode kini. Hal tersebut              current period. Such key audit matters were                       Penentuan cadangan kerugian penurunan nilai                  Determination of allowance for impairment losses
disampaikan dalam konteks audit kami atas                addressed in the context of our audit of the                      memerlukan      pertimbangan     dan     memiliki            requires judgement and is subject to estimation
laporan keuangan secara keseluruhan, dan dalam           financial statements taken as a whole, and in                     ketidakpastian    estimasi   termasuk      dalam             uncertainty which includes determining the model
merumuskan opini kami atas laporan keuangan              forming our opinion thereon, and we do not                        penentuan model untuk menghitung cadangan                    to calculate allowance for impairment losses,
terkait, dan kami tidak menyatakan suatu opini           provide a separate opinion on such key audit                      kerugian penurunan nilai, identifikasi eksposur              identification of credit exposures with significant
terpisah atas hal audit utama tersebut. Untuk hal        matters. For the key audit matter below, our                      kredit yang mengalami penurunan kualitas kredit              deterioration in credit quality, and determining
audit utama di bawah ini, penjelasan kami tentang        description of how our audit addressed such                       yang signifikan, penentuan asumsi yang                       assumptions used in the allowance for impairment
bagaimana audit kami merespons hal tersebut              matter is provided in such context.                               digunakan dalam model perhitungan cadangan                   losses calculation models (for exposures assessed
disampaikan dalam konteks tersebut.                                                                                        kerugian penurunan nilai (untuk eksposur yang                on an individual or collective basis), including
                                                                                                                           dinilai secara individu atau kolektif), termasuk             forward-looking macroeconomics factors.
Kami telah memenuhi tanggung jawab yang                  We have fulfilled the responsibilities described in               faktor ekonomi makro berorientasi masa depan.
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,                     Respons audit:                                               Audit response:
pada laporan kami, termasuk sehubungan dengan            including in relation to key audit matter
hal audit utama yang dikomunikasikan di bawah            communicated below. Accordingly, our audit                        Prosedur audit kami dalam merespon hal audit                 Our audit procedures to address the key audit
ini. Oleh karena itu, audit kami mencakup                included the performance of procedures designed                   utama tersebut di atas mencakup, antara lain:                matter mentioned above included, among others:
pelaksanaan prosedur yang didesain untuk                 to respond to our assessment of the risks of                      menguji pengendalian utama atas pemberian                    tested of key controls over the origination, regular
merespons penilaian kami atas risiko kesalahan           material misstatement of the accompanying                         kredit, melakukan penilaian kualitas kredit internal         internal credit quality assessments, recording and
penyajian material dalam laporan keuangan                financial statements. The results of our audit                    secara regular, melakukan pencatatan dan                     monitoring of the loans, and general controls over
terlampir. Hasil prosedur audit kami, termasuk           procedures, including the procedures performed                    pengawasan kredit yang diberikan, serta                      the allowance for impairment losses system and
prosedur yang dilakukan untuk merespons hal              to address the key audit matter below, provide the                pengendalian umum atas sistem perhitungan                    the application controls over the completeness
audit utama di bawah ini, menyediakan basis bagi         basis for our opinion on the accompanying                         cadangan kerugian pernurunan nilai dan                       and accuracy of data flows from source systems
opini kami atas laporan keuangan terlampir.              financial statements.                                             pengendalian aplikasi atas kelengkapan dan                   to the allowance for impairment losses system. We
                                                                                                                           keakuratan aliran data dari sistem asal ke sistem            also obtained understanding and assessed
Cadangan kerugian penurunan nilai atas kredit            Allowance for impairment losses on loans                          perhitungan cadangan kerugian penurunan nilai.               impairment       measurement         methodologies,
yang diberikan                                                                                                             Kami juga memperoleh pemahaman dan menilai                   validation of allowance for impairment losses
                                                                                                                           metodologi pengukuran penurunan nilai dan                    models, inputs, bases and assumptions used by
Penjelasan atas hal audit utama:                         Description of the key audit matter:                              menilai metodologi pengukuran nilai, melakukan               the Bank in calculating the allowance for
                                                                                                                           validasi model cadangan kerugian penurunan nilai,            impairment losses, and tested the classification
Seperti yang dijelaskan dalam Catatan 12 atas            As describe in Note 12 to the accompanying                        data masukan, dasar, dan asumsi yang digunakan               into three stage credit quality of loan portfolios in
laporan keuangan terlampir, pada tanggal                 financial statements, as of December 31, 2025,                    oleh Bank dalam menghitung cadangan kerugian                 accordance with staging criteria developed by the
31    Desember     2025, cadangan kerugian               the balance of allowance for impairment losses on                 penurunan nilai, serta menguji tiga tahapan                  Bank for loans, tested whether historical
penurunan nilai atas kredit yang diberikan adalah        loans amounted to Rp381,241 million. The                          kualitas kredit portofolio sesuai dengan kriteria            experience is representative of              current
sebesar Rp381.241 juta. Kebijakan akuntansi              material accounting policies information of                       tingkatan (staging) yang disusun oleh Bank untuk             circumstances and of the recent losses incurred in
material untuk cadangan kerugian penurunan nilai         allowance for impairment losses on loans are                      kredit    yang    diberikan,   menguji       apakah          the portfolios, and assessed reasonableness of
atas kredit yang diberikan diungkapkan dalam             disclosed in Note 2s to the accompanying financial                pengalaman historis mewakili keadaan saat ini dan            forward-looking adjustments, macroeconomic
Catatan 2s atas laporan keuangan terlampir. Kami         statements. We focused on this area because the                   kerugian terkini yang terjadi dalam portofolio,              factor analysis, and probability-weighted multiple
berfokus pada area ini karena nilai tercatat atas        carrying value of loans and the allowance for                     serta menilai kewajaran atas penyesuaian asumsi              scenarios for loans.
kredit yang diberikan dan cadangan kerugian              impairment losses on loans are material to the                    berorientasi masa depan, analisis faktor ekonomi
penurunan nilai atas kredit yang diberikan adalah        accompanying financial statements                                 makro, dan beberapa skenario probabilitas
material terhadap laporan keuangan terlampir.                                                                              tertimbang untuk kredit yang diberikan.



                                                    ii                                                                                                                            iii
 A member firm of Ernst & Young Global Limited                                                                              A member firm of Ernst & Young Global Limited
Page 148
                                                                                The original report included herein is in                                                                                The original report included herein is in
                                                                                               the Indonesian language.                                                                                                 the Indonesian language.



Laporan Audit or Independen (lanjut an)                   Independent Audit or’s Report (cont inued)                        Laporan Audit or Independen (lanjut an)                Independent Audit or’s Report (cont inued)

Laporan No. 00309/ 2.1505/ AU.1/ 07/ 1681-                Report       No.    00309/ 2.1505/ AU.1/ 07/ 1681-                Laporan No. 00309/ 2.1505/ AU.1/ 07/ 1681-             Report       No.    00309/ 2.1505/ AU.1/ 07/ 1681-
3/ 1/ III/ 2026 (lanjutan)                                3/ 1/ III/ 2026 (continued)                                       3/ 1/ III/ 2026 (lanjutan)                             3/ 1/ III/ 2026 (continued)

Hal audit ut ama (lanjut an)                              Key audit mat t ers (cont inued)                                  Informasi lain                                         Ot her informat ion

Cadangan kerugian penurunan nilai atas kredit             Allowance for     impairment         losses on        loans       Opini kami atas laporan keuangan terlampir tidak       Our opinion on the accompanying financial
yang diberikan (lanjutan)                                 (continued)                                                       mencakup Laporan Tahunan, dan oleh karena itu,         statements does not cover the Annual Report, and
                                                                                                                            kami tidak menyatakan bentuk keyakinan apapun          accordingly, we do not express any form of
Respons audit: (lanjutan)                                 Audit response: (continued)                                       atas Laporan Tahunan tersebut.                         assurance on the Annual Report.

Untuk cadangan kerugian penurunan nilai yang              With respect to individually assessed allowance                   Sehubungan dengan audit kami atas laporan              In connection with our audit of the accompanying
dinilai secara individual, kami menguji sampel            for impairment losses, test ed a sample of loans to               keuangan terlampir, tanggung jawab kami adalah         financial statement s, our responsibility is to read
kredit yang diberikan untuk mengevaluasi                  evaluate the timely identification by the Bank of                 untuk membaca Laporan Tahunan ketika tersedia          the Annual Report when it becomes available and,
ketepatan waktu Bank dalam melakukan                      exposures with significant deterioration in credit                dan dalam melaksanakannya, mempertimbangkan            in doing so, consider whether the Annual Report
identifikasi eksposur kredit yang mengalami               quality or those which have been impaired. For                    apakah     Laporan     Tahunan    mengandung           is materially inconsistent with the accompanying
penurunan kualitas kredit yang signifikan atau            cases where impairment has been identified,                       ketidakkonsistensian material dengan laporan           financial statements or our knowledge obtained in
yang telah mengalami penurunan nilai. Untuk               assessed the Bank’s assumptions on the expected                   keuangan terlampir atau pemahaman yang kami            the audit, or otherwise appears to be materially
kasus-kasus di mana penurunan nilai telah                 future cash flows, including the value of realizable              peroleh selama audit, atau mengandung                  misstated.
diidentifikasi, kami menilai asumsi Bank atas arus        collateral based on available market information                  kesalahan penyajian material.
kas masa depan yang akan diterima, termasuk nilai         or valuation prepared by independent valuer.
agunan yang dapat direalisasikan berdasarkan                                                                                Ketika kami membaca Laporan Tahunan, jika kami         When we read the Annual Report, if we conclude
informasi pasar yang tersedia atau penilaian yang                                                                           menyimpulkan bahwa terdapat suatu kesalahan            that there is a material misstatement therein, we
dilakukan oleh penilai independen.                                                                                          penyajian material di dalamnya, kami diharuskan        are required to communicate the matter to those
                                                                                                                            untuk mengomunikasikan hal tersebut kepada             charged with governance and take appropriate
Kami juga memeriksa keakurasian perhitungan               We checked the accuracy of the calculation of the                 pihak yang bertanggung jawab atas tata kelola          actions based on the applicable laws and
jumlah cadangan kerugian penurunan nilai dengan           allowance for impairment losses amount by                         dan melakukan tindakan yang tepat berdasarkan          regulations.
melakukan perhitungan ulang atas keseluruhan              recalculating     the    collective   impairment                  peraturan perundang-undangan yang berlaku.
portofolio yang penurunan nilainya dinilai secara         assessment for the entire portfolio and
kolektif dan melakukan perhitungan ulang atas             recalculating     the    individual  impairment                   Tanggung jawab manajemen dan pihak yang                Responsibilit ies of management and t hose
penurunan nilai yang dinilai secara individual            assessment on a sample basis, and assessed                        bert anggung jawab at as t at a kelola t erhadap       charged wit h governance for t he financial
berdasarkan sampel, dan menilai apakah                    whether the financial statements disclosures are                  laporan keuangan                                       st at ement s
pengungkapan di laporan keuangan cukup dan                adequately and appropriately reflecting the
secara memadai mencerminkan eksposur Bank                 Bank’s exposures to credit risk and involved our                  Manajemen bertanggung jawab atas penyusunan            Management is responsible for the preparation
terhadap risiko kredit dan melibatkan pakar               auditor’s internal expert to assist us in the                     dan penyajian wajar laporan keuangan tersebut          and fair presentation of the financial statements
auditor internal kami untuk membantu kami dalam           performance of the above procedures where their                   sesuai dengan Standar Akuntansi Keuangan di            in accordance with Indonesian Financial
melakukan prosedur-prosedur di atas ketika                specific expertise was required.                                  Indonesia, dan atas pengendalian internal yang         Accounting Standards, and for such internal
keahlian spesifik mereka diperlukan.                                                                                        dianggap    perlu   oleh   manajemen     untuk         cont rol as management det ermines is necessary
                                                                                                                            memungkinkan penyusunan laporan keuangan               to enable the preparation of financial statements
Informasi lain                                            Ot her informat ion                                               yang bebas dari kesalahan penyajian material,          that are free from material misstatement,
                                                                                                                            baik yang disebabkan oleh kecurangan maupun            whether due to fraud or error.
Manajemen bertanggung jawab atas informasi                Management is responsible for the other                           kesalahan.
lain. Informasi lain terdiri dari informasi yang          information. Other information comprises the
tercantum dalam Laporan Tahunan 2025                      information included in the 2025 Annual Report
(“ Laporan Tahunan” ) selain laporan keuangan             (the “ Annual Report” ) other than the
terlampir dan laporan auditor independen kami.            accompanying financial statements and our
Laporan Tahunan diharapkan akan tersedia bagi             independent auditor’s report thereon. The Annual
kami setelah tanggal laporan auditor independen           Report is expected to be made available to us after
ini.                                                      the date of this independent auditor’s report.




                                                     iv                                                                                                                        v
 A member firm of Ernst & Young Global Limited                                                                               A member firm of Ernst & Young Global Limited
Page 149
                                                                             The original report included herein is in                                                                                     The original report included herein is in
                                                                                            the Indonesian language.                                                                                                      the Indonesian language.



Laporan Audit or Independen (lanjut an)                   Independent Audit or’s Report (cont inued)                     Laporan Audit or Independen (lanjut an)                       Independent Audit or’s Report (cont inued)

Laporan No. 00309/ 2.1505/ AU.1/ 07/ 1681-                Report       No.    00309/ 2.1505/ AU.1/ 07/ 1681-             Laporan No. 00309/ 2.1505/ AU.1/ 07/ 1681-                    Report       No.    00309/ 2.1505/ AU.1/ 07/ 1681-
3/ 1/ III/ 2026 (lanjutan)                                3/ 1/ III/ 2026 (continued)                                    3/ 1/ III/ 2026 (lanjutan)                                    3/ 1/ III/ 2026 (continued)

Tanggung jawab manajemen dan pihak yang                   Responsibilit ies of management and t hose                     Tanggung jawab audit or t erhadap audit at as                 Audit or’s responsibilit ies for t he audit of t he
bert anggung jawab at as t at a kelola t erhadap          charged wit h governance for t he financial                    laporan keuangan (lanjut an)                                  financial st at ement s (cont inued)
laporan keuangan (lanjut an)                              st at ement s (cont inued)
                                                                                                                         Sebagai bagian dari suatu audit berdasarkan                   As part of an audit in accordance with Standards
Dalam     penyusunan       laporan      keuangan,         In    preparing     the    financial    statements,            Standar Audit yang ditetapkan oleh IAPI, kami                 on Auditing established by the IICPA, we exercise
manajemen bertanggung jawab untuk menilai                 management is responsible for assessing the                    menerapkan pertimbangan profesional dan                       professional judgment and maintain professional
kemampuan Bank dalam mempertahankan                       Bank’s ability to continue as a going concern,                 mempertahankan skeptisisme profesional selama                 skepticism throughout the audit. We also:
kelangsungan usahanya, mengungkapkan, sesuai              disclosing, as applicable, matters related to going            audit. Kami juga:
dengan kondisinya, hal-hal yang berkaitan dengan          concern, and using the going concern basis of
kelangsungan usaha, dan menggunakan basis                 accounting, unless management either intends to                       Mengidentifikasi dan menilai risiko kesalahan            Ident ify and assess the risks of material
akuntansi     kelangsungan     usaha,      kecuali        liquidate the Bank or to cease it s operations, or                     penyajian material dalam laporan keuangan,                misstatement of the financial statements,
manajemen memiliki intensi untuk melikuidasi              has no realistic alternative but to do so.                             baik yang disebabkan oleh kecurangan                      whether due to fraud or error, design and
Bank atau menghentikan operasi, atau tidak                                                                                       maupun       kesalahan,    mendesain      dan             perform audit procedures responsive to such
memiliki   alternatif   yang    realistis   selain                                                                               melaksanakan prosedur audit yang responsif                risks, and obtain audit evidence that is
melaksanakannya.                                                                                                                 terhadap risiko tersebut, serta memeroleh                 sufficient and appropriate to provide a basis
                                                                                                                                 bukti audit yang cukup dan tepat untuk                    for our opinion. The risk of not detecting a
Pihak yang bertanggung jawab atas tata kelola             Those charged with governance are responsible                          menyediakan basis bagi opini kami. Risiko                 material misstatement resulting from fraud is
bertanggung jawab untuk mengawasi proses                  for overseeing the Bank’s financial reporting                          tidak terdeteksinya suatu kesalahan penyajian             higher than for one resulting from error, as
pelaporan keuangan Bank.                                  process.                                                               material yang disebabkan oleh kecurangan                  fraud may involve collusion, forgery,
                                                                                                                                 lebih tinggi daripada yang disebabkan oleh                intentional omissions, misrepresentations, or
Tanggung jawab audit or t erhadap audit at as             Audit or’s responsibilit ies for t he audit of t he                    kesalahan,     karena    kecurangan     dapat             override of internal control.
laporan keuangan                                          financial st at ement s                                                melibatkan kolusi, pemalsuan, penghilangan
                                                                                                                                 secara sengaja, pernyataan salah, atau
Tujuan kami adalah untuk memeroleh keyakinan              Our objectives are to obtain reasonable assurance                      pengabaian pengendalian internal.
memadai tentang apakah laporan keuangan                   about whether the financial statements taken as a
secara keseluruhan bebas dari kesalahan                   whole are free from material misst atement,                           Memeroleh suatu pemahaman tentang                        Obtain an understanding of internal control
penyajian material, baik yang disebabkan oleh             whether due to fraud or error, and to issue an                         pengendalian internal yang relevan dengan                 relevant to the audit in order to design audit
kecurangan maupun kesalahan, dan untuk                    Independent Auditor’s report that includes our                         audit untuk mendesain prosedur audit yang                 procedures that are appropriate in the
menerbitkan laporan auditor independen yang               opinion. Reasonable assurance is a high level of                       tepat sesuai dengan kondisinya, tetapi bukan              circumstances, but not for the purpose of
mencakup opini kami. Keyakinan memadai                    assurance, but is not a guarantee that an audit                        untuk tujuan menyatakan opini atas                        expressing an opinion on t he effect iveness of
merupakan suatu tingkat keyakinan tinggi, namun           conducted in accordance with Standards on                              keefektivitasan pengendalian internal Bank.               the Bank’s internal control.
bukan merupakan suatu jaminan bahwa audit                 Auditing established by the IICPA will always
yang dilaksanakan berdasarkan Standar Audit               detect a material misst atement when it exists.                       Mengevaluasi ketepatan kebijakan akuntansi               Evaluate the appropriateness of accounting
yang ditetapkan oleh IAPI akan selalu mendeteksi          Misstatements can arise from fraud or error and                        yang digunakan serta kewajaran estimasi                   policies used and the reasonableness of
kesalahan penyajian material ketika hal tersebut          are considered material if, individually or in the                     akuntansi dan pengungkapan terkait yang                   accounting estimates and related disclosures
ada. Kesalahan penyajian dapat disebabkan oleh            aggregate, they could reasonably be expected to                        dibuat oleh manajemen.                                    made by management.
kecurangan maupun kesalahan dan dianggap                  influence the economic decisions of users taken
material jika, baik secara individual maupun              on the basis of these financial statements.
agregat, dapat diekspektasikan secara wajar akan
memengaruhi keputusan ekonomi yang diambil
oleh pengguna berdasarkan laporan keuangan
tersebut.




                                                     vi                                                                                                                          vii
 A member firm of Ernst & Young Global Limited                                                                               A member firm of Ernst & Young Global Limited
Page 150
                                                                                  The original report included herein is in                                                                                           The original report included herein is in
                                                                                                 the Indonesian language.                                                                                                            the Indonesian language.



Laporan Audit or Independen (lanjut an)                       Independent Audit or’s Report (cont inued)                      Laporan Audit or Independen (lanjut an)                              Independent Audit or’s Report (cont inued)

Laporan No. 00309/ 2.1505/ AU.1/ 07/ 1681-                    Report       No.    00309/ 2.1505/ AU.1/ 07/ 1681-              Laporan No. 00309/ 2.1505/ AU.1/ 07/ 1681-                           Report       No.    00309/ 2.1505/ AU.1/ 07/ 1681-
3/ 1/ III/ 2026 (lanjutan)                                    3/ 1/ III/ 2026 (continued)                                     3/ 1/ III/ 2026 (lanjutan)                                           3/ 1/ III/ 2026 (continued)

Tanggung jawab audit or t erhadap audit at as                 Audit or’s responsibilit ies for t he audit of t he             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)                            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                Kami juga memberikan suatu pernyataan kepada                         We also provide those charged with governance
Standar Audit yang ditetapkan oleh IAPI, kami                 on Auditing established by the IICPA, we exercise               pihak yang bertanggung jawab atas tata kelola                        with a statement that we have complied with
menerapkan pertimbangan profesional dan                       professional judgment and maintain professional                 bahwa kami telah mematuhi ketentuan etika yang                       relevant    ethical  requirements    regarding
mempertahankan skeptisisme profesional selama                 skepticism throughout the audit. We also:                       relevan       mengenai      independensi,     dan                    independence, and to communicate with them all
audit. Kami juga: (lanjutan)                                  (continued)                                                     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
       Menyimpulkan ketepatan penggunaan basis                  Conclude on the appropriateness of                          wajar berpengaruh terhadap independensi kami,                        independence, and where applicable, related
        akuntansi     kelangsungan      usaha   oleh              management's use of the going concern basis                 dan, jika relevan, pengamanan terkait.                               safeguards.
        manajemen dan, berdasarkan bukti audit yang               of accounting and, based on the audit evidence
        diperoleh,     apakah     terdapat     suatu              obtained, whether a material uncertainty                    Dari hal-hal yang dikomunikasikan kepada pihak                       From the matters communicated with those
        ketidakpastian material yang terkait dengan               exists related to events or conditions that may             yang bertanggung jawab atas tata kelola, kami                        charged with governance, we determine those
        peristiwa    atau    kondisi    yang   dapat              cast significant doubt on the Bank's ability to             menentukan hal-hal tersebut yang paling                              matters that were of most significance in the audit
        menyebabkan keraguan signifikan atas                      continue as a going concern. If we conclude                 signifikan dalam audit atas laporan keuangan                         of the financial statements of the current period
        kemampuan Bank untuk mempertahankan                       that a material uncertainty exists, we are                  periode kini dan oleh karenanya menjadi hal audit                    and are therefore the key audit matters. We
        kelangsungan      usahanya.     Ketika  kami              required to draw attention in our independent               utama. Kami menguraikan hal audit utama                              describe such key audit matters in our
        menyimpulkan       bahwa     terdapat  suatu              auditor’s report to the related disclosures in              tersebut dalam laporan auditor independen kami                       independent auditor’s report unless laws or
        ketidakpastian material, kami diharuskan                  the financial statements or, if such disclosures            kecuali peraturan perundang-undangan melarang                        regulations preclude public disclosure about such
        untuk menarik perhatian dalam laporan                     are inadequate, to modify our opinion. Our                  pengungkapan publik tent ang hal audit utama                         key audit mat t ers or when, in ext remely rare
        auditor independen kami ke pengungkapan                   conclusions is based on the audit evidence                  tersebut atau ketika, dalam kondisi yang sangat                      circumstances, we determine that a key audit
        terkait dalam laporan keuangan atau, jika                 obtained up to the date of our independent                  jarang terjadi, kami menentukan bahwa suatu hal                      matter should not be communicated in our
        pengungkapan tersebut tidak memadai,                      auditor’s report. However, future events or                 audit utama tidak boleh dikomunikasikan dalam                        independent auditor’s report because the adverse
        memodifikasi opini kami. Kesimpulan kami                  conditions may cause the Bank to cease to                   laporan auditor independen kami karena                               consequences of doing so would reasonably be
        didasarkan pada bukti audit yang diperoleh                continue as a going concern.                                konsekuensi        yang      merugikan       dari                    expected to outweigh the public interest benefits
        hingga tanggal laporan auditor independen                                                                             mengomunikasikan        hal    tersebut     akan                     of such communication.
        kami. Namun, peristiwa atau kondisi masa                                                                              diekspektasikan secara wajar melebihi manfaat
        depan dapat menyebabkan Bank tidak dapat                                                                              kepentingan publik atas komunikasi tersebut.
        mempertahankan kelangsungan usahanya.

       Mengevaluasi penyajian, struktur, dan isi                Evaluate the overall present ation, structure,                                                               KAP Purwant o Susant i dan Surja
        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 events in a manner that
        suatu cara yang mencapai penyajian wajar.                 achieves fair present ation.
                                                                                                                                                                        Christ ophorus Alvin Kossim
Kami mengomunikasikan kepada pihak yang                       We communicate with those charged with                                         Registrasi Akuntan Publik No. AP.1681/ Public Accountant Registration No. AP.1681
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                                                                        30 Maret 2026/ March 30, 2026
direncanakan atas audit serta temuan audit                    significant audit findings, including any significant
signifikan, termasuk setiap defisiensi signifikan             deficiencies in internal control that we identify
dalam pengendalian internal yang teridentifikasi              during our audit.
oleh kami selama audit.




                                                       viii                                                                                                                                   ix
    A member firm of Ernst & Young Global Limited                                                                              A member firm of Ernst & Young Global Limited
Page 151
                                                                                 The original financial statements included herein are in the                                                                                    The original financial statements included herein are in the
                                                                                                                       Indonesian language.                                                                                                                            Indonesian language.

                PT BANK QNB INDONESIA TBK                                              PT BANK QNB INDONESIA TBK                                               PT BANK QNB INDONESIA TBK                                             PT BANK QNB INDONESIA TBK
                 LAPORAN POSISI KEUANGAN                                            STATEMENT OF FINANCIAL POSITION                                         LAPORAN POSISI KEUANGAN (lanjutan)                                STATEMENT OF FINANCIAL POSITION (continued)
                  Tanggal 31 Desember 2025                                                As of December 31, 2025                                                Tanggal 31 Desember 2025                                               As of December 31, 2025
                (Disajikan dalam jutaan Rupiah,                                       (Expressed in millions of Rupiah,                                        (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
                    kecuali dinyatakan lain)                                              unless otherwise stated)                                                 kecuali dinyatakan lain)                                             unless otherwise stated)

                                                                Catatan/
                                             2025                Notes               2024                                                                                                                      Catatan/
ASET                                                                                                                              ASSETS                                                     2025               Notes                2024
                                                                                                                                                LIABILITAS DAN EKUITAS                                                                                         LIABILITIES AND EQUITY
Kas                                              28.522       2d,2f,5,35,38               36.917                                     Cash
                                                                                                                                                Liabilitas segera                                13.349      2d,2f,19,35,38               21.022            Liabilities payable on demand
                                                               2d,2f,2g,6,                                     Current accounts with Bank
Giro pada Bank Indonesia                        364.492         35,36,38                 410.213                            Indonesia
                                                                                                                                                Simpanan dari nasabah                                                                                            Deposits from customers
Giro pada bank lain                                           2d,2e,2f,2g,                              Current accounts with other banks          Pihak berelasi                               117.628       2d,2e,2f,2t,                98.429                      Related parties
    Pihak berelasi                                  265        2s,7,35,36,                   316                      Related parties              Pihak ketiga                               8.020.380       20,35,36,38              7.243.449                         Third parties
    Pihak ketiga                                 17.239            38                     38.502                         Third parties                                                        8.138.008                                7.341.878
                                                 17.504                                   38.818
Cadangan kerugian penurunan nilai                    (1)                                      (7)         Allowance for impairment losses       Simpanan dari bank lain                                                                                         Deposits from other banks
                                                                                                                                                   Pihak berelasi                                   3.349     2d,2e,2f,2t,               322.474                       Related parties
Neto                                             17.503                                   38.811                                       Net         Pihak ketiga                                         2     21,35,36,38                     17                          Third parties

Penempatan pada Bank Indonesia                                2d,2f,2h,2s,                           Placements with Bank Indonesia and                                                             3.351                                322.491
   dan bank lain                                               8,35,36,38                                                other banks                                                                            2d,2e,2f
   Pihak berelasi                                     -                                  321.900                      Related parties           Liabilitas derivatif                                9.013        2i,9,35                    7.775                      Derivative payables
   Pihak ketiga                               1.241.384                                1.014.401                        Third parties
                                                                                                                                                Liabilitas akseptasi                             87.889          2j,10                          -                    Acceptance payables
                                              1.241.384                                1.336.301
                                                                                                                                                Efek-efek yang dijual dengan janji                            2f,2k,3c,3d,                                           Securities sold under
Tagihan derivatif                                   590         2f,2i,9,35                  3.269                   Derivative receivables         dibeli kembali                                        -       22,35                    95.873               repurchase agreements
Tagihan akseptasi                                87.889           2j,10                         -                 Acceptance receivables        Liabilitas imbalan kerja                         60.942        2e,2v,24                   75.739                     Employment benefits
Cadangan kerugian penurunan nilai                   (211)                                       -         Allowance for impairment losses
                                                                                                                                                Beban masih harus dibayar dan                                  2d,2f,2n,
Neto                                             87.678                                         -                                                  liabilitas lain-lain                         182.320        25,35,38                  239.383              Accruals and other liabilities

Efek-efek yang dibeli dengan janji                              2f,2k,2s                                       Securities purchased under       TOTAL LIABILITAS                              8.494.872                                8.104.161                     TOTAL LIABILITIES
   dijual kembali                                10.872          11,35                          -                 agreements to resell
                                                                                                                                                EKUITAS                                                                                                                            EQUITY
Kredit yang diberikan                                        2d,2e,2f,2l,2s,                                                         Loans
   Pihak berelasi                               500.804       12,31,35,36,                   892                        Related parties         Modal saham - nilai nominal Rp250                                                                    Share capital - par value of Rp250
   Pihak ketiga                               9.283.664          37,38                 8.453.674                          Third parties           (Rupiah penuh) per saharn                                                                               (whole Rupiah) per share
                                                                                                                                                  Modal dasar 40.000.000.000                                                                      Authorized capital 40,000,000,000
                                              9.784.468                                8.454.566                                                    saham masing-masing per                                                                      shares as of December 31, 2025
Cadangan kerugian penurunan nilai              (381.241)                                (488.839)         Allowance for impairment losses           31 Desember 2025 dan 2024                                                                                            and 2024
                                                                                                                                                  Modal ditempatkan dan                                                                                              Issued and fully
Neto                                          9.403.227                                7.965.727                                       Net
                                                                                                                                                    disetor penuh                                                                                                      paid capital
                                                                                                                                                    35.158.048.365 saham                                                                                  35,158,048,365 shares
                                                             2d,2e,2f,2m,2s,
Efek-efek                                      1.481.150      13,31,35,38              2.160.025                                 Securities         masing-masing per                                                                                   as of December 31, 2025
                                                                                                                                                    31 Desember 2025 dan 2024                 8.789.512        1b,2w,26                8.789.512                         and 2024
Beban dibayar dimuka                             60.599          14,44                    43.198                             Prepayments
                                                                                                                                                Tambahan modal disetor                           (33.588)      2w,2x,27                  (33.588)                 Additional paid-in capital
Aset pajak tangguhan - neto                     147.431          2n,23                   249.124                 Deferred tax assets - net
                                                                                                                                                Dana setoran modal                                  3.652                                   3.652                        Advanced capital
Aset tetap dan aset hak guna                                  2o,2s,15,44                             Fixed assets and right-of-use assets
   Biaya perolehan                              501.652                                  548.423                                  Cost          Cadangan nilai wajar - neto                         8.997         12                         (201)                 Fair value reserve - net
   Akumulasi penyusutan                        (330.401)                                (345.236)           Accumulated depreciation
                                                                                                                                                Saldo laba (defisit):                                                                                          Retained earnings (deficit):
Nilai buku                                      171.251                                  203.187                               Book value          Telah ditentukan penggunaannya                  7.396                                   7.396                         Appropriated
                                                                                                                                                   Belum ditentukan penggunaannya             (4.066.625)                             (4.018.059)                     Unappropriated
Aset takberwujud                                                 2p,16                                                  Intangible assets
   Biaya perolehan                              133.018                                  176.709                                 Cost           TOTAL EKUITAS                                 4.709.344                                4.748.712                          TOTAL EQUITY
   Akumulasi amortisasi                         (82.147)                                (116.160)            Accumulated amortization
                                                                                                                                                TOTAL LIABILITAS DAN EKUITAS                 13.204.216                               12.852.873      TOTAL LIABILITIES AND EQUITY
Nilai buku                                       50.871                                   60.549                               Book value

Agunan yang diambil alih - neto                          -      2q,2s,17                 236.041                   Foreclosed assets - net

                                                                2d,2f,2r
Aset lain-lain - neto                           138.646       18,35,36,38                109.511                        Other assets - net
TOTAL ASET                                   13.204.216                               12.852.873                         TOTAL ASSETS



   Catatan atas laporan keuangan terlampir merupakan                         The accompanying notes to the financial statements form an            Catatan atas laporan keuangan terlampir merupakan                         The accompanying notes to the financial statements form an
   bagian yang tidak terpisahkan dari laporan keuangan                       integral part of these financial statements taken as a whole.         bagian yang tidak terpisahkan dari laporan keuangan                       integral part of these financial statements taken as a whole.
                   secara keseluruhan.                                                                                                                             secara keseluruhan.

                                                                   1                                                                                                                                               2
Page 152
                                                                            The original financial statements included herein are in the                                                                                  The original financial statements included herein are in the
                                                                                                                  Indonesian language.                                                                                                                          Indonesian language.

            PT BANK QNB INDONESIA TBK                                              PT BANK QNB INDONESIA TBK                                          PT BANK QNB IN DONESIA TBK                                               PT BANK QNB INDONESIA TBK
              LAPORAN LABA RUGI DAN                                            STATEMENT OF PROFIT OR LOSS AND                                          LAPORAN LABA RUGI DAN                                              STATEMENT OF PROFIT OR LOSS AND
         PENGHASILAN KOMPREHENSIF LAIN                                           OTHER COMPREHENSIVE INCOME                                     PENGHASILAN KOMPREHENSIF LAIN (lanjutan)                                 OTHER COMPREHENSIVE INCOME (continued)
        Untuk Tahun yang Berakhir pada Tanggal                                          For the Year Ended                                        Untuk Tahun yang Berakhir pada Tanggal                                            For the Year Ended
                   31 Desember 2025                                                     December 31, 2025                                                    31 Desember 2025                                                       December 31, 2025
            (Disajikan dalam jutaan Rupiah,                                       (Expressed in millions of Rupiah,                                   (Disajikan dalam jutaan Rupiah,                                         (Expressed in millions of Rupiah,
                kecuali dinyatakan lain)                                              unless otherwise stated)                                            kecuali dinyatakan lain)                                                unless otherwise stated)


                                          Tahun yang Berakhir pada Tanggal 31 Desember/                                                                                               Tahun yang Berakhir pada Tanggal 31 Desember/
                                                    Year Ended December 31,                                                                                                                     Year Ended December 31,

                                                             Catatan/                                                                                                                                      Catatan/
                                               2025           Notes             2024                                                                                                       2025             Notes             2024

PENDAPATAN DAN BEBAN                                                                                          OPERATING INCOME             LABA/(RUGI) TAHUN BERJALAN                        (48.323)                             55.638         PROFIT/(LOSS) FOR THE YEAR
  OPERASIONAL                                                                                                  AND EXPENSES

Pendapatan bunga                                 678.787 2d,2e,2z,29,36,          734.563                             Interest income      PENGHASILAN KOMPREHENSIF LAIN                                                                     OTHER COMPREHENSIVE INCOME
                                                          2d,2e,2z,29,36
Beban bunga                                     (331.823)       40                (283.644)                          Interest expense      Pos-pos yang akan direklasifikasikan                                                                 Items that would be reclassified to
                                                                                                                                             ke laba rugi:                                                                                                          profit or loss:
PENDAPATAN BUNGA - NETO                          346.964                          450.919                 INTEREST INCOME - NET              Perubahan nilai wajar efek-efek                                                                   Fair value changes of securities
                                                                                                                                               yang diukur pada nilai wajar melalui                                                           measured at fair value through
                                                                                                                                               penghasilan komprehensif lain                  11.792        2m,13                    (179)     other comprehensive income
PENDAPATAN OPERASIONAL                                                                                                                       Pajak penghasilan terkait dengan                                                                              Income tax related to
  LAINNYA                                                                                            OTHER OPERATING INCOME                    pos-pos yang akan                                                                                         items that would be
                                                                                                                                               direklasifikasikan ke laba rugi                (2.594)       13,23                     39          reclassified to profit or loss
Provisi dan komisi - neto                         39.900      2aa,30                31.562                Fees and commission - net
Pendapatan transaksi perdagangan - neto            3.300       2ab                    (319)                     Trading income - net                                                           9.198                                 (140)
Lain-lain                                         42.411                            61.983                                   Others
                                                                                                                                           Pos-pos yang tidak akan                                                                           Items that would not be reclassified to
TOTAL PENDAPATAN                                                                                                  TOTAL OTHER                direklasifikasikan ke laba rugi:                                                                                        profit or loss:
  OPERASIONAL LAINNYA                             85.611                            93.226                 OPERATING INCOME                  Pengukuran kembali atas liabilitas                                                                Remeasurements of obligation for
                                                                                                                                                imbalan pasca-kerja                               (312)     2v,24                  2.262           post-employment benefits
                                                                                                                                             Pajak penghasilan terkait dengan                                                                               Income tax related to
BEBAN OPERASIONAL LAINNYA                                                                         OTHER OPERATING EXPENSES                      pos-pos yang tidak akan                                                                               items that would not be
                                                                                                                                                direklasifikasikan ke laba rugi                     69       23                      (497)        reclassified to profit or loss
Beban karyawan                                  (291.121)   2e,2v,31,36           (265.369)                    Personnel expenses
Beban umum dan administrasi                     (148.116)       33                (200.832)     General and administrative expenses                                                               (243)                            1.765
Pemulihan cadangan                                                                                          Reversal for impairment
  kerugian penurunan nilai aset keuangan          79.246      2s,31                 19.021             losses on financial assets          Penghasilan komprehensif                                                                                   Other comprehensive income
Lain-lain                                         (4.243)                          (10.560)                                   Others         lain setelah pajak                                8.955                               1.625                             net of tax

TOTAL BEBAN                                                                                                     TOTAL OTHER                Total penghasilan komprehensif                                                                                    Total comprehensive
  OPERASIONAL LAINNYA                           (364.234)                         (457.740)            OPERATING EXPENSES                    tahun berjalan                                  (39.368)                             57.263                    income for the year


LABA OPERASIONAL                                  68.341                            86.405                    OPERATING INCOME             LABA PER SAHAM DASAR                                                                                    EARNING PER SHARE BASIC
                                                                                                                                             (dalam Rupiah penuh)                                 (1,37)    2y,34                    1,58                   (in whole Rupiah)
Pendapatan bukan operasional                       9.171                                90                     Non-operating income
Beban bukan operasional                          (26.667)                              (85)                  Non-operating expenses

(BEBAN)/PENDAPATAN BUKAN                                                                                       NON-OPERATING
  OPERASIONAL - NETO                             (17.496)                                5             (EXPENSE)/INCOME NET


LABA SEBELUM PAJAK                                                                                       PROFIT BEFORE INCOME
  PENGHASILAN                                     50.845                            86.410                     TAX EXPENSE

Beban pajak penghasilan                          (99.168)     2n,23                (30.772)                      Income tax expense
(RUGI)/LABA TAHUN BERJALAN                       (48.323)                           55.638         (LOSS)/PROFIT FOR THE YEAR




  Catatan atas laporan keuangan terlampir merupakan                     The accompanying notes to the financial statements form an           Catatan atas laporan keuangan terlampir merupakan                        The accompanying notes to the financial statements form an
  bagian yang tidak terpisahkan dari laporan keuangan                   integral part of these financial statements taken as a whole.        bagian yang tidak terpisahkan dari laporan keuangan                      integral part of these financial statements taken as a whole.
                  secara keseluruhan.                                                                                                                        secara keseluruhan.

                                                               3                                                                                                                                             4
Page 153
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                The original financial statements included herein are in the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      Indonesian language.




                                                                                                                                                                                                                                                                                                                                 Unrealized gain on securities
                                                                                                                                                                                                     Balance as of December 31, 2023




                                                                                                                                                                                                                                                                                    Balance as of December 31, 2024




                                                                                                                                                                                                                                                                                                                                                                 Balance as of December 31, 2025
                                                                                                                                                                                                                                             Remeasurements of obligation for




                                                                                                                                                                                                                                                                                                                            Remeasurements of obligation for
                                                                                                                                                                                                                                                              Profit for the year


                                                                                                                                                                                                                                                  Unrealized loss on securities



                                                                                                                                                                                                                                              Appropriation for general reserve




                                                                                                                                                                                                                                                                                                                                             Loss for the year
The original financial statements included herein are in the Indonesian language.




                                                                                                                                                                                                                                       post-employment benefits - net of tax




                                                                                                                                                                                                                                                                                                                      post-employment benefits - net of tax
                                                                                                                                                                                                                                                      measured at fair value

                                                                                                                                                                                                                                                                  - net of tax




                                                                                                                                                                                                                                                                                                                                     measured at fair value
                                                                                                                                                                                                                                       through other comprehensive income




                                                                                                                                                                                                                                                                                                                      through other comprehensive income
                                                                                                                                                                                                                                                                                                                                                - net of tax
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         LAPORAN ARUS KAS                                               STATEMENT OF CASH FLOWS




                                                                                                                                                                                                                                                                                                                                                                                                   The accompanying notes to the financial statements form an integral part of these financial
                                                                                    (Expressed in millions of Rupiah, unless otherwise stated)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Untuk Tahun yang Berakhir pada Tanggal                              For the Year Ended December 31, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           31 Desember 2025                                           (Expressed in millions of Rupiah,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    (Disajikan dalam jutaan Rupiah,                                        unless otherwise stated)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        kecuali dinyatakan lain)
                                                                                             For the Year Ended December 31, 2025
                                                                                             STATEMENT OF CHANGES IN EQUITY
                                                                                                 PT BANK QNB INDONESIA TBK




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Tahun yang Berakhir pada Tanggal 31 Desember/
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Year Ended December 31,




                                                                                                                                                                                                                                                                     (140)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Catatan/




                                                                                                                                                                                                                                                                                                                                 (243)
                                                                                                                                                                                                                                                                        -




                                                                                                                                                                                                                                                                                                                      (48.323)
                                                                                                                                                                                                     4.691.449


                                                                                                                                                                                                                                       55.638

                                                                                                                                                                                                                                                 1.765




                                                                                                                                                                                                                                                                                    4.748.712




                                                                                                                                                                                                                                                                                                                                                       9.198

                                                                                                                                                                                                                                                                                                                                                                 4.709.344




                                                                                                                                                                                                                                                                                                                                                                                                                               statements taken as a whole.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   2025           Notes             2024*)
                                                                                                                                                                                    Total ekuitas/
                                                                                                                                                                                     Total Equity



                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     ARUS KAS DARI                                                                                                CASH FLOWS FROM
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       AKTIVITAS OPERASI                                                                                    OPERATING ACTIVITIES
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Penerimaan bunga                                 721.701                          872.280            Receipts from interest income
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Pembayaran bunga                                (327.257)                        (281.863)           Payments for interest expense
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Penerimaan provisi dan komisi                     44.047                           36.152       Receipts from fees and commission
                                                                                                                                                                                                     (4.074.462)




                                                                                                                                                                                                                                                                     (1.000)

                                                                                                                                                                                                                                                                                    (4.018.059)




                                                                                                                                                                                                                                                                                                                                                                 (4.066.625)
                                                                                                                                                                                                                                                                                                                                 (243)
                                                                                                                                                                                                                                                                          -




                                                                                                                                                                                                                                                                                                                                                       -
                                                                                                                                                                                                                                                                                                                      (48.323)
                                                                                                                                                                                                                                       55.638

                                                                                                                                                                                                                                                 1.765


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Pembayaran provisi dan komisi                     (4.147)                          (4.916)       Payments for fees and commission
                                                                                                                                                                               Belum ditentukan
                                                                                                                                                                               penggunaannya/
                                                                                                                                                                                Unappropriated




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Pembayaran beban karyawan                       (260.441)                        (247.998)        Payments for personnel expenses
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Pembayaran imbalan pasca-kerja                   (45.789)                          (6.557)     Payment for post employment benefit
                                                                                                                                                 Retained earnings (deficit)




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Penerimaan pendapatan lainnya                     58.120                           64.486               Receipts from other income
                                                                                                                                                    Saldo laba (defisit)/




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Pembayaran beban lainnya - neto                  (89.891)                        (140.318)       Payments for other expenses - net
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Pembayaran beban bukan                                                                                Payments for non-operational
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       operasional                                    156.926                          (9.388)                              expenses
                                                                                                                                                                                                                                       -

                                                                                                                                                                                                                                                 -



                                                                                                                                                                                                                                                                         -




                                                                                                                                                                                                                                                                                                                      -

                                                                                                                                                                                                                                                                                                                                 -



                                                                                                                                                                                                                                                                                                                                                       -
                                                                                                                                                                                                     6.396




                                                                                                                                                                                                                                                                                    7.396
                                                                                                                                                                                                                                                                     1.000




                                                                                                                                                                                                                                                                                                                                                                 7.396
                                                                                                                                                                               Telah ditentukan
                                                                                                                                                                               penggunaannya/
                                                                                                                                                                                 Appropriated




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Perubahan dalam aset dan                                                                              Changes in operating assets
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       liabilitas operasi:                                                                                                and liabilities:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Penurunan (kenaikan)                                                                                      Decrease (increase) in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         dalam aset operasi:                                                                                        operating assets:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Penempatan pada Bank Indonesia                                                          Placements with Bank Indonesia
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               dan bank lain                          321.900                         (321.900)                  and other banks
                                                                                                                                                                                                     (61)




                                                                                                                                                                                                                                                                     (140 )


                                                                                                                                                                                                                                                                                    (201)
                                                                                                                                                                                                                                       -

                                                                                                                                                                                                                                                 -




                                                                                                                                                                                                                                                                                                                      -

                                                                                                                                                                                                                                                                                                                                 -
                                                                                                                                                                                                                                                                        -




                                                                                                                                                                                                                                                                                                                                                       9.198

                                                                                                                                                                                                                                                                                                                                                                 8.997


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Efek-efek yang dibeli dengan                                                                 Securities purchased under
                                                                                                                                                                         Cadangan nilai


                                                                                                                                                                          reserve - net
                                                                                                                                                                          wajar - neto/




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               janji dijual kembali                   (10.872)                       2.977.202              agreements to resell
                                                                                                                                                                           Fair value




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Tagihan akseptasi                          (87.889)                               -             Acceptance receivables
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Kredit yang diberikan                   (1.358.664)                      (2.498.145)                              Loans
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Beban dibayar di muka                      (23.023)                         (20.622)                       Prepayments




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 5
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Aset lain-lain                             (35.304)                          54.933                         Other assets
                                                                                                                                                                                                                                       -

                                                                                                                                                                                                                                                 -




                                                                                                                                                                                                                                                                                                                      -

                                                                                                                                                                                                                                                                                                                                 -
                                                                                                                                                                                                                                                                     -
                                                                                                                                                                                                                                                                     -




                                                                                                                                                                                                                                                                                                                                                       -
                                                                                                                                                                                                     3.652




                                                                                                                                                                                                                                                                                    3.652




                                                                                                                                                                                                                                                                                                                                                                 3.652
                                                                                                                                                                               Advanced capital




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Kenaikan (penurunan) dalam                                                                     Increase (decrease) in operating
                                                                                                                                                                                Dana setoran




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         liabilitas operasi:                                                                                                   liabilities:
                                                                                                                                                                                   modal/




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Liabilitas segera                          (7.673)                           8.467        Liabilities payable on demand
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Simpanan dari nasabah                     796.130                        1.002.675             Deposits from customers




                                                                                                                                                                                                                                                                                                                                                                                                   Catatan atas laporan keuangan terlampir merupakan bagian yang tidak terpisahkan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Simpanan dari bank lain                  (319.140)                         320.659            Deposits from other banks
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Efek-efek yang dijual dengan                                                                        Securities sold under
                                                                                    Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2025




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              janji dibeli kembali                    (95.873)                        (289.178)          repurchased agreements
                                                                                      (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)




                                                                                                                                                                                                     (33.588)




                                                                                                                                                                                                                                                                                    (33.588)
                                                                                                                                                                                                                                       -

                                                                                                                                                                                                                                                 -




                                                                                                                                                                                                                                                                                                                      -

                                                                                                                                                                                                                                                                                                                                 -
                                                                                                                                                                                                                                                                     -
                                                                                                                                                                                                                                                                     -




                                                                                                                                                                                                                                                                                                                                                       -

                                                                                                                                                                                                                                                                                                                                                                 (33.588)




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Liabilitas akseptasi                       87.889                                -                  Acceptance payables
                                                                                                                                                 Tambahan


                                                                                                                                                 Additional




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Beban masih harus dibayar dan                                                                               Accruals and
                                                                                                                                                  disetor/

                                                                                                                                                  paid-in
                                                                                                                                                  capital
                                                                                                                                                   Modal




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               liabilitas lain-lain                   (34.690)                           6.294                       other liabilities

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Arus kas neto diperoleh dari                                                                           Net cash flows provided by
                                                                                                                                                                                                                                                                                                                                                                                                                      dari laporan keuangan secara keseluruhan.
                                                                                                 LAPORAN PERUBAHAN EKUITAS




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       aktivitas operasi                             (513.940)                       1.522.263                    operating activities
                                                                                                  PT BANK QNB INDONESIA TBK




                                                                                                                                                                                                                                       -

                                                                                                                                                                                                                                                 -




                                                                                                                                                                                                                                                                                                                      -

                                                                                                                                                                                                                                                                                                                                 -
                                                                                                                                                                                                                                                                     -
                                                                                                                                                                                                                                                                     -




                                                                                                                                                                                                                                                                                                                                                       -
                                                                                                                                                                                                     8.789.512




                                                                                                                                                                                                                                                                                    8.789.512




                                                                                                                                                                                                                                                                                                                                                                 8.789.512




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     ARUS KAS DARI AKTIVITAS                                                                          CASH FLOWS FROM INVESTING
                                                                                                                                                                         saham/

                                                                                                                                                                         capital
                                                                                                                                                                         Modal

                                                                                                                                                                          Share




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       INVESTASI                                                                                                           ACTIVITIES
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Penerimaan atas efek-efek yang telah                                                                       Proceeds from matured
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       jatuh tempo                                  2.160.025                          250.030                               securities
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Penempatan pada efek-efek                     (1.481.150)                      (2.020.106)                Placements in securities
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Hasil penjualan aset tetap                           211      14                      110        Proceeds from sale of fixed assets
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Hasil penjualan agunan yang                                                                                  Proceeds from sale of
                                                                                                                                                                                    Catatan/
                                                                                                                                                                                     Notes




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             diambil alih                              55.743                           23.800                foreclosed assets
                                                                                                                                                                                                                                                                           28




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Hasil penjualan                                                                                              Proceeds from sale of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             properti terbengkalai                     16.375                                -            abandoned properties
                                                                                                                                                                                                                                         melalui penghasilan komprehensif lain




                                                                                                                                                                                                                                                                                                                        melalui penghasilan komprehensif lain
                                                                                                                                                                                                                                                                                                                      Keuntungan yang belum direalisasi atas




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Perolehan aset tetap                             (16.947)    14,42                (42.309)              Acquisition of fixed assets
                                                                                                                                                                                                                                         imbalan pasca kerja - setelah pajak




                                                                                                                                                                                                                                                                                                                        imbalan pasca kerja - setelah pajak
                                                                                                                                                                                                                                       Kerugian yang belum direalisasi atas




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Perolehan aset tak berwujud                       (1.479)    15,42                 (7.942)          Acquisition of intangible assets
                                                                                                                                                                                                                                         efek-efek diukur pada nilai wajar




                                                                                                                                                                                                                                                                                                                        efek-efek diukur pada nilai wajar
                                                                                                                                                                                                                                       Pengukuran kembali atas liabilitas




                                                                                                                                                                                                                                                                                                                      Pengukuran kembali atas liabilitas
                                                                                                                                                                                                                                       Pembentukan cadangan umum




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Arus kas neto (digunakan untuk)                                                                          Net cash flows (used in)
                                                                                                                                                                                                     Saldo per 31 Desember 2023




                                                                                                                                                                                                                                                                                    Saldo per 31 Desember 2024




                                                                                                                                                                                                                                                                                                                                                                 Saldo per 31 Desember 2025




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       diperoleh dari aktivitas investasi             732.778                       (1.796.417)      provided by investing activities
                                                                                                                                                                                                                                       Laba tahun berjalan




                                                                                                                                                                                                                                                                                                                      Rugi tahun berjalan




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     *) Setelah reklasifikasi (Catatan 47)                                                                   *) After reclassification (Note 47)
                                                                                                                                                                                                                                         - setelah pajak




                                                                                                                                                                                                                                                                                                                        - setelah pajak




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Catatan atas laporan keuangan terlampir merupakan                   The accompanying notes to the financial statements form an
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        bagian yang tidak terpisahkan dari laporan keuangan                 integral part of these financial statements taken as a whole.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        secara keseluruhan.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   6
Page 154
                                                                           The original financial statements included herein are in the                                                                           The original financial statements included herein are in the
                                                                                                                 Indonesian language.                                                                                                                   Indonesian language.

              PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                               PT BANK QNB INDONESIA TBK                                      PT BANK QNB INDONESIA TBK
              LAPORAN ARUS KAS (lanjutan)                                   STATEMENT OF CASH FLOWS (continued)                                      CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
          Untuk Tahun yang Berakhir pada Tanggal                             For the Year Ended December 31, 2025                                     Tanggal 31 Desember 2025 dan untuk                                As of December 31, 2025 and
                     31 Desember 2025                                          (Expressed in millions of Rupiah,                                   Tahun yang Berakhir pada Tanggal Tersebut                              for the Year Then Ended
              (Disajikan dalam jutaan Rupiah,                                       unless otherwise stated)                                            (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,
                  kecuali dinyatakan lain)                                                                                                                  kecuali dinyatakan lain)                                      unless otherwise stated)


                                                                                                                                              1.   Umum                                                      1.   General
                                          Tahun yang Berakhir pada Tanggal 31 Desember/
                                                    Year Ended December 31,                                                                        a.   Pendirian dan Informasi Umum                              a.   Establishment and General Information
                                                            Catatan/                                                                                    PT Bank QNB Indonesia Tbk (“Bank”) didirikan                   PT Bank QNB Indonesia Tbk (“the Bank”) was
                                               2025          Notes             2024*)
                                                                                                                                                        pada tanggal 1 April 1913 dengan nama                          established on April 1, 1913 under the name
ARUS KAS DARI AKTIVITAS                                                                         CASH FLOWS FROM FINANCING                               N.V Chunghwa Shangyeh Maatschappij (The                        N.V Chunghwa Shangyeh Maatschappij (The
  PENDANAAN                                                                                                   ACTIVITIES                                Chinese Trading Bank Limited) berdasarkan                      Chinese Trading Bank Limited) based on the
                                                                                                                                                        Akta No. 53 tanggal 28 April 1913 yang dibuat                  Notarial Deed No. 53 dated April 28, 1913 of
Pembayaran liabilitas sewa                       (26.940)      44                 (23.062)                Payment of lease liabilities                  di hadapan Notaris Leonard Hendrik-Willem                      Notary Leonard Hendrik-Willem Van Sandick
Arus kas neto digunakan untuk                                                                                Net cash flows used in                     Van Sandick dan telah disetujui berdasarkan                    and was approved based on Besluit
  aktivitas pendanaan                            (26.940)                         (23.062)                    financing activities                      Besluit Gouverneur Generaal Hindia Belanda                     Gouverneur Generaal Hindia Belanda No. 58
                                                                                                                                                        No. 58 tanggal 16 Juli 1913 dan diumumkan                      dated July 16, 1913 and was published in the
                                                                                                                                                        dalam Extra Bijvougsel der Javasche Courant                    Extra Bijvougsel der Javasche Courant No. 78
Penurunan neto Kas                                                                                           Net decrease in Cash                       No. 78 tanggal 30 September 1913.                              dated September 30, 1913.
  dan Setara Kas                                 191.898                         (297.216)                 and Cash Equivalents

Pengaruh neto perubahan kurs                                                                            Net effect of exchange rate                     Berdasarkan    Surat    Keputusan Menteri                      Based on Decree of the Minister of Finance
  pada Kas dan Setara Kas                        (40.345)                         (46.912)         on Cash and Cash Equivalents                         Keuangan     No.    191547/U.M.II tanggal                      No. 191547/U.M.II dated October 28, 1958, the
                                                                                                                                                        28 Oktober 1958, Bank memulai kegiatan                         Bank started its operation as a commercial
Kas dan Setara Kas                                                                                      Cash And Cash Equivalents                       operasionalnya sebagai bank umum.                              bank.
  Awal Tahun                                   1.500.349                        1.844.477                   at Beginning of Year
Kas dan Setara Kas,                                                                                   Cash and Cash Equivalents,
                                                                                                                                                        Nama Bank diubah menjadi PT Bank Kesawan                       The Bank’s name was changed to PT Bank
  Akhir Tahun                                  1.651.902                        1.500.349                    at The End of Year                         berdasarkan Akta Perubahan Anggaran Dasar                      Kesawan based on the Deed of Articles
                                                                                                                                                        No. 60 tanggal 10 Maret 1965 yang dibuat di                    of Association Amendment No. 60 dated March
                                                                                                                                                        hadapan Ong Kiem Lian, SH, notaris di Jakarta.                 10, 1965 of Ong Kiem Lian, SH, notary public in
                                                                                                                                                        Akta ini telah disahkan oleh Menteri Kehakiman                 Jakarta. This deed was approved by the
Komponen Kas dan Setara Kas                                                                                 Component of Cash and                       Republik Indonesia (sekarang menjadi 3 (tiga)                  Minister of Justice of the Republic of Indonesia
                                                                                                               Cash Equivalents                         kementerian:         Kementerian        Hukum,                 (which has since been restructured into 3
                                                                                                                                                        Kementerian HAM, dan Kementerian Imigrasi                      (three) ministries: the Minsitry of Law, the
Kas                                               28.522      2b,5                36.917                                      Cash
Giro pada Bank Indonesia                         364.492      2b,6               410.213      Current accounts with Bank Indonesia
                                                                                                                                                        dan Pemasyarakatan dibawah Kementerian                         Ministry of Human Rights, and the Ministry of
Giro pada bank lain                               17.504      2b,7                38.818         Current accounts with other banks                      Koordinator Hukum, HAM, Imigrasi dan                           Immigration and Corrections, under the
Penempatan pada Bank Indonesia                                                                                                                          Pemasyarakatan) dalam Surat Keputusan No.                      Coordinating Ministry of Law, Human Rights,
  dan bank lain jatuh tempo                                                                    Placements with Bank Indonesia and                       J.A.5/68/15 tanggal 3 Juli 1965 dan telah                      Immigration and Corrections) in its Decree
  dalam 3 (tiga) bulan                                                                       other banks maturing within 3 (three)                      diumumkan dalam Berita Negara Republik                         No.J.A.5/68/15 dated July 3, 1965 and was
  sejak tanggal perolehan                      1.241.384      2b,8              1.014.401       months since the acquisition date                       Indonesia No. 95 tanggal 26 November 1965,                     published in the State Gazette of the Republic
                                               1.651.902                        1.500.349
                                                                                                                                                        Tambahan No. 95.                                               of Indonesia No. 95 dated November 26, 1965,
                                                                                                                                                                                                                       Supplement No. 95.

                                                                                                                                                        Perubahan status Bank dari Bank tertutup                       The change of the Bank’s status from a private
  *) Setelah reklasifikasi (Catatan 47)                                                                 *) After reclassification (Note 47)             menjadi Bank terbuka adalah berdasarkan Akta                   Bank to a public Bank was effected by the Deed
                                                                                                                                                        Pernyataan     Keputusan     Rapat    Umum                     of Extraordinary Shareholders’ General
                                                                                                                                                        Pemegang Saham Luar Biasa No. 22 tanggal                       Meeting No. 22 dated July 25, 2001 of Fathiah
                                                                                                                                                        25 Juli 2001 yang dibuat dihadapan Fathiah                     Helmi, SH, notary public in Jakarta. This deed
                                                                                                                                                        Helmi, SH, notaris di Jakarta. Akta ini telah                  was approved by the Minister of Justice of the
                                                                                                                                                        memperoleh      persetujuan   dari   Menteri                   Republic        of      Indonesia        dated
                                                                                                                                                        Kehakiman Republik Indonesia tanggal                           December 27, 2001 in his Decree No. C-
                                                                                                                                                        27 Desember 2001 dengan Surat Keputusan                        20973.HT.01.04.TH.2001 and was published
                                                                                                                                                        No.      C-20973.HT.01.04.TH.2001       serta                  into the State Gazette of the Republic of
                                                                                                                                                        diumumkan dalam Berita Negara Republik                         Indonesia No. 75 dated September 17, 2002,
                                                                                                                                                        Indonesia No. 75 tanggal 17 September 2002,                    Supplement No. 11113.
                                                                                                                                                        Tambahan No. 11113.

                                                                                                                                                        Dengan akuisisi saham Bank oleh Qatar                          Subsequently, following the acquisition of the
                                                                                                                                                        National Bank (Q.P.S.C.) (dahulu Qatar                         Bank’s shares by Qatar National Bank
                                                                                                                                                        National Bank SAQ) pada tanggal 26 Januari                     (Q.P.S.C.) (formerly Qatar National Bank SAQ)
                                                                                                                                                        2011, nama Bank diubah menjadi PT Bank                         on January 26, 2011, the Bank’s name was
                                                                                                                                                        QNB Kesawan Tbk berdasarkan Akta                               changed into PT Bank QNB Kesawan Tbk
                                                                                                                                                        Pernyataan     Keputusan       Rapat   Umum                    based on the Deed of Extraordinary
                                                                                                                                                        Pemegang Saham Luar Biasa No. 23 tanggal                       Shareholders’ General Meeting No. 23 dated
  Catatan atas laporan keuangan terlampir merupakan                    The accompanying notes to the financial statements form an                       16 September 2011 yang dibuat di hadapan                       September 16, 2011 of Fathiah Helmi, SH,
  bagian yang tidak terpisahkan dari laporan keuangan                  integral part of these financial statements taken as a whole.
                                                                                                                                                        Fathiah Helmi, SH, notaris di Jakarta.                         notary public in Jakarta.
                  secara keseluruhan.

                                                               7                                                                                                                                         8
Page 155
                                                                   The original financial statements included herein are in the                                                                         The original financial statements included herein are in the
                                                                                                         Indonesian language.                                                                                                                 Indonesian language.

          PT BANK QNB INDONESIA TBK                                     PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                        PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                               As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                              (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                 (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                     unless otherwise stated)                                             kecuali dinyatakan lain)                                        unless otherwise stated)


1.   Umum (lanjutan)                                          1.   General (continued)                                            1.   Umum (lanjutan)                                             1.   General (continued)

     a.   Pendirian dan Informasi Umum (lanjutan)                  a.   Establishment and General Information                          a.   Pendirian dan Informasi Umum (lanjutan)                     a.   Establishment and General Information
                                                                        (continued)                                                                                                                          (continued)

          Akta ini telah memperoleh persetujuan dari                    This deed was approved by the Minister of                           Kantor Pusat Bank berlokasi di Revenue Tower,                    The Bank’s head office is located at Revenue
          Menteri Hukum dan Hak Asasi Manusia                           Laws and Human Rights of the Republic of                            District 8, SCBD Lot 13, Jalan Jendral Sudirman                  Tower, District 8, SCBD Lot 13, Jalan Jendral
          Republik    Indonesia   berdasarkan  Surat                    Indonesia in his Decree No. AHU-                                    Kavling 52-53, Jakarta. Pada 31 Desember                         Sudirman Kavling 52-53, Jakarta. As of
          keputusan No. AHU-51180.AH.01.02 Tahun                        51180.AH.01.02 Year 2011 dated October 21,                          2025, Bank mempunyai 1 kantor pusat non-                         December 31, 2025, Bank has 1 non-
          2011 tanggal 21 Oktober 2011 dan telah                        2011 and was announced in the State Gazette                         operasional, 6 kantor cabang, 1 kantor cabang                    operational head office, 6 branch offices, 1 sub-
          diumumkan dalam Berita Negara Republik                        of the Republic of Indonesia No. 93 dated                           pembantu, 2 kantor fungsional dan 8 ATM di                       branch offices, 2 functional office and 8 ATMs
          Indonesia No. 93 tanggal 20 November 2012,                    November 20, 2012, Supplement No. 72137.                            seluruh Indonesia. Pada 31 Desember 2024,                        across Indonesia. As of December 31, 2024,
          Tambahan No. 72137.                                                                                                               Bank mempunyai 1 kantor pusat non-                               Bank has 1 non-operational head office, 6
                                                                                                                                            operasional, 6 kantor cabang, 2 kantor cabang                    branch offices, 2 sub-branch offices, 2
          Selanjutnya nama bank berubah menjadi                         Subsequently, the bank’s name was changed                           pembantu, 2 kantor fungsional dan 11 ATM di                      functional office and 11 ATMs across
          PT Bank QNB Indonesia Tbk berdasarkan Akta                    into PT Bank QNB Indonesia Tbk based on The                         seluruh Indonesia.                                               Indonesia.
          Pernyataan      Keputusan   Rapat   Umum                      deed of Minutes of Annual Shareholders’
          Pemegang Saham Tahunan No. 35 tanggal                         General Meeting No. 35 dated July 23, 2014.                         Pada tanggal 31 Desember 2025 dan 31                             As of December 31, 2025 and December 31,
          23 Juli 2014. Akta ini telah mendapat                         This deed was approved by the Minister of                           Desember 2024, Bank memiliki masing-masing                       2024, the Bank had 274 and 403 employees
          persetujuan Menteri Hukum dan Hak Asasi                       Laws and Human Rights of the Republic of                            274 dan 403 karyawan (tidak diaudit).                            (unaudited), respectively.
          Manusia     Republik    Indonesia  dengan                     Indonesia with the Deed No. AHU-                                    Bank, melalui pemegang saham mayoritasnya,                       The Bank, through its majority shareholder,
          keputusannya No. AHU-06136.40.20.2014                         06136.40.20.2014 dated July 24, 2014.                               Qatar National Bank (Q.P.S.C.), merupakan                        Qatar National Bank (Q.P.S.C.), is ultimately
          tanggal 24 Juli 2014.                                                                                                             bagian dari Qatar National Bank Group. Qatar                     part of the Qatar National Bank Group. The
                                                                                                                                            National Bank Group memiliki anak perusahaan                     Qatar National Bank Group has subsidiaries
          Anggaran Dasar Bank telah mengalami                           The Bank’s Articles of Association has been                         dan afiliasi di seluruh dunia.                                   and affiliates throughout the world.
          beberapa kali perubahan. Perubahan terakhir                   amended several times. The latest amendment
          sebagaimana      dinyatakan    dalam    Akta                  was stated on the Deed of Statement of Annual                  b.   Penawaran Umum Saham Bank                                   b.   Public Offering of the Bank's Shares
          Pernyataan     Keputusan     Rapat    Umum                    General Meeting of Shareholders No. 27 dated
          Pemegang Saham Tahunan No. 27 tanggal 30                      May 30, 2024, drawn up before Fathiah Helmi,                        Pada tanggal 31 Oktober 2002, Bank                               On October 31, 2002, the Bank obtained the
          Mei 2024, yang dibuat dihadapan Fathiah                       S.H., Notary in Jakarta. This deed has received                     memperoleh Pernyataan Efektif dari Ketua                         Effective Notification from the Chairman of the
          Helmi, SH, notaris di Jakarta. Perubahan                      Notification of Amendment to the Articles of                        Badan Pengawas Pasar Modal (Bapepam)                             Capital Market Supervisory Agency (Bapepam)
          Anggaran Dasar Bank tersebut telah diterima                   Articles of Association from the Ministry of Law                    berdasarkan         Surat        Keputusan                       through its Decree No. S-2369/PM/2002 in
          dan dicatat dalam Sistem Administrasi Badan                   and Human Rights of the Republic of Indonesia                       No. S-2369/PM/2002 dalam rangka penawaran                        relation to the public offering of its 78,800,000
          Hukum Kementerian Hukum dan Hak Asasi                         No.        AHU-AH.01.03-0142925            dated                    umum atas 78.800.000 lembar saham Bank                           shares with par value and at the offering price
          Manusia Republik Indonesia No. AHU-                           June 12, 2024. This deed was approved by the                        dengan nilai nominal dan harga penawaran                         of Rp250 (in full Rupiah) per share. The Bank’s
          AH.01.03-0142925 tanggal 12 Juni 2024. Akta                   Minister of Laws and Human Rights of the                            sebesar Rp250 (dalam Rupiah penuh) per                           shares were traded in Jakarta Stock Exchange
          ini telah memperoleh persetujuan dari Menteri                 Republic of Indonesia in his Decree                                 saham. Saham Bank tersebut diperdagangkan                        starting November 21, 2002. (On November 30,
          Hukum dan Hak Asasi Manusia Republik                          No. AHU-0034915.AH.01.02 Year 2024 dated                            di Bursa Efek Jakarta mulai tanggal                              2007, Jakarta Stock Exchange and Surabaya
          Indonesia berdasarkan Surat keputusan                         June 12, 2024.                                                      21 November      2002.     (Pada    tanggal                      Stock Exchange were merged to form
          No. AHU-0034915.AH.01.02 Tahun 2024                                                                                               30 November 2007, Bursa Efek Jakarta dan                         Indonesia Stock Exchange).
          tanggal 12 Juni 2024.                                                                                                             Bursa Efek Surabaya telah bergabung menjadi
                                                                                                                                            Bursa Efek Indonesia).
          Sesuai dengan pasal 3 Anggaran Dasar Bank,                    According to article 3 of the Bank’s Articles of
          ruang   lingkup   kegiatan  Bank    adalah                    Association, the scope of the Bank’s activities                     Dalam penawaran umum saham ini dikeluarkan                       These new shares were furnished by Warrants
          menjalankan kegiatan umum perbankan.                          is to engage in general banking business.                           pula Waran Seri I (waran) yang diberikan                         Series I (warrant), which were granted to the
                                                                                                                                            secara cuma-cuma kepada pemegang saham                           new shareholders as a compliment. Each holder
          Bank memperoleh persetujuan sebagai                           The Bank was granted a license as a Foreign                         baru. Setiap pemegang 2 saham baru Bank                          of 2 Bank’s new shares received 3 warrants;
          Pedagang Valuta Asing berdasarkan Surat                       Exchange Trader based on the Decree of the                          memperoleh 3 waran, sehingga jumlah waran                        accordingly, the total number of warrants issued
          Keputusan     Direksi    Bank    Indonesia                    Director of Bank Indonesia No. 28/366/UD/Adv                        yang diterbitkan adalah sebanyak 118.200.000                     was 118,200,000 warrants. Each warrant
          No. 28/366/UD/Adv tanggal 4 Desember 1995.                    dated December 4, 1995.                                             lembar. Setiap 1 waran memberikan hak                            entitled the holder to buy 1 Bank’s new share at
                                                                                                                                            kepada pemegang waran untuk membeli 1                            the exercise price. The execution period was
          Bank memperoleh persetujuan menjadi Bank                      The Bank was granted a license to conduct                           saham baru Bank pada harga pelaksanaannya.                       from May 21, 2003 to November 18, 2005. Up
          Devisa berdasarkan Surat Keputusan Direksi                    foreign exchange activities based on the                            Jangka waktu pelaksanaan waran yang                              to the last exercise date on November 18, 2005,
          Bank Indonesia No. 28/150/KEP/DIR tanggal                     Decree of the Director of Bank Indonesia                            diterbitkan adalah sejak tanggal 21 Mei 2003                     the number of exercised warrants was
          22 Februari 1996.                                             No. 28/150/KEP/DIR dated February 22, 1996.                         sampai dengan tanggal 18 November 2005.                          101,219,000 warrants at exercise price of
                                                                                                                                            Sampai dengan tanggal pelaksanaan terakhir                       Rp250 (in full Rupiah) or amounting to
          Bank memperoleh persetujuan menjadi Bank                      The Bank was granted a license as a National                        yaitu tanggal 18 November 2005, waran yang                       Rp25,305.
          Devisa Persepsi Kas Negara berdasarkan                        Cash Perception Foreign Exchange Bank                               telah     dilaksanakan    adalah    sebanyak
          Surat Keputusan Menteri Keuangan Republik                     based on the Decree of the Minister                                 101.219.000 waran pada harga pelaksanaan
          Indonesia   No.S-452/MK.03/1996   tanggal                     of Finance of the Republic of Indonesia                             Rp250 (dalam Rupiah penuh) atau seluruhnya
          16 Agustus 1996.                                              No. S-452/MK.03/1996 dated August 16, 1996.                         sebesar Rp25.305.

                                                          9                                                                                                                                   10
Page 156
                                                                     The original financial statements included herein are in the                                                                        The original financial statements included herein are in the
                                                                                                           Indonesian language.                                                                                                                Indonesian language.

          PT BANK QNB INDONESIA TBK                                       PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                       PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                 As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                 As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                       unless otherwise stated)                                             kecuali dinyatakan lain)                                       unless otherwise stated)


1.   Umum (lanjutan)                                            1.   General (continued)                                            1.   Umum (lanjutan)                                            1.   General (continued)

     b.   Penawaran Umum Saham Bank (lanjutan)                       b.   Public Offering of the Bank's Shares                           b.   Penawaran Umum Saham Bank (lanjutan)                       b.   Public Offering of the Bank's Shares
                                                                          (continued)                                                                                                                         (continued)

          Pada tanggal 15 Juni 2009, Bank memperoleh                      On June 15, 2009, the Bank obtained the                             Pada tanggal 2 Juni 2014, Bank memperoleh                       On June 2, 2014, the Bank obtained the
          Pernyataan Efektif dari Ketua Badan Pengawas                    Effective Notification from the Chairman of the                     Pernyataan Efektif dari Otoritas Jasa Keuangan                  Effective Notification from Financial Service
          Pasar Modal dan Lembaga Keuangan                                Capital Market Supervisory Agency and                               (OJK)    berdasarkan       Surat     Keputusan                  Authority    (OJK)     through    its  Decree
          (Bapepam-LK) berdasarkan Surat Keputusan                        Financial Institutions (Bapepam-LK) through its                     No. S-253/D.04/2014 dalam rangka Penawaran                      No. S-253/D.04/2014 in relation to the fourth
          No.S-5209/BL/2009 dalam rangka Penawaran                        Decree No. S-5209/BL/2009 in relation to the                        Umum Terbatas IV (PUT IV) dengan                                Limited Public Offering (PUT IV) by conducting
          Umum Terbatas I (PUT I) dengan menerbitkan                      First Limited Public Offering (PUT I) by                            menerbitkan Hak Memesan Efek Terlebih                           the Rights Issue (HMETD) amounting to
          Hak Memesan Efek Terlebih Dahulu (HMETD)                        conducting the Rights Issue (HMETD)                                 Dahulu (HMETD) sejumlah 2.598.815.479                           2,598,815,479 shares with par value and at the
          sejumlah 125.304.750 saham dengan nilai                         amounting to 125,304,750 shares with par                            saham dengan nilai nominal dan harga                            offering price of Rp250 (in full Rupiah) per
          nominal Rp250 (dalam Rupiah penuh) per                          value of Rp250 (in full Rupiah) per share at an                     penawaran sebesar Rp250 (dalam Rupiah                           share.
          saham yang ditawarkan dengan harga Rp320                        offering price of Rp320 (in full Rupiah) per                        penuh) per saham.
          (dalam Rupiah penuh) per saham.                                 share.
                                                                                                                                              Setelah PUT IV, modal ditempatkan dan disetor                   After the PUT IV, the Bank’s issued and fully
          Setelah PUT I, modal ditempatkan dan disetor                    After the PUT I, the Bank’s issued and fully paid                   Bank meningkat menjadi 8.757.145.997 lembar                     paid capital increased to 8,757,145,997 shares
          Bank meningkat menjadi 626.523.750 lembar                       capital increased to 626,523,750 shares or                          saham atau senilai Rp2.189.287.                                 or Rp2,189,287.
          saham atau senilai Rp156.631.                                   Rp156,631.
                                                                                                                                              Pada tanggal 20 Juni 2017, Bank memperoleh                      On June 20, 2017, the Bank obtained the
          Pada tanggal 27 Desember 2010, Bank                             On December 27, 2010, the Bank obtained the                         Pernyataan Efektif dari OJK berdasarkan Surat                   Effective Notification from OJK through its
          memperoleh Pernyataan Efektif dari Ketua                        Effective Notification from the Chairman of                         Keputusan No. S-330/D.04/2017 dalam rangka                      Decree No. S-330/D.04/2017 in relation to the
          Bapepam-LK berdasarkan Surat Keputusan                          Bapepam-LK through its Decree No. S-                                Penawaran Umum Terbatas V (PUT V) dengan                        fifth Limited Public Offering (PUT V) by
          No.    S-11585/BL/2010   dalam       rangka                     11585/BL/2010 in relation to the Second                             menerbitkan Hak Memesan Efek Terlebih                           conducting the Rights Issue (HMETD) of
          Penawaran Umum Terbatas II (PUT II) dengan                      Limited Public Offering (PUT II) by conducting                      Dahulu (HMETD) sejumlah 8.235.719.252                           8,235,719,252 shares with par value and at the
          menerbitkan Hak Memesan Efek Terlebih                           the Rights Issue (HMETD) amounting to                               saham dengan nilai nominal dan harga                            offering price of Rp250 (in full Rupiah) per
          Dahulu (HMETD) sejumlah 2.935.263.768                           2,935,263,768 shares with par value and at the                      penawaran sebesar Rp250 (dalam Rupiah                           share.
          saham dengan nilai nominal dan harga                            offering price of Rp250 (in full Rupiah) per                        penuh) per saham.
          penawaran sebesar Rp250 (dalam Rupiah                           share.
          penuh) per saham.                                                                                                                   Setelah PUT V, modal ditempatkan dan disetor                    After the PUT V, the Bank’s issued and fully
                                                                                                                                              Bank meningkat menjadi 16.992.865.249                           paid capital increased to 16,992,865,249
          Setelah PUT II, modal ditempatkan dan disetor                   After the PUT II, the Bank’s issued and fully                       lembar saham atau senilai Rp4.248.216.                          shares or Rp4,248,216.
          Bank meningkat menjadi 3.561.787.518 lembar                     paid capital increased to 3,561,787,518 shares
          saham atau senilai Rp890.447.                                   or Rp890,447.                                                       Pada tanggal 22 Mei 2018, Bank memperoleh                       On May 22, 2018, the Bank obtained the
                                                                                                                                              Pernyataan Efektif dari OJK berdasarkan Surat                   Effective Notification from OJK through its
          Pada tanggal 27 Mei 2013, Bank memperoleh                       On May 27, 2013, the Bank obtained the                              Keputusan No. S-53/D.04/2018 dalam rangka                       Decree No. S-53/D.04/2018 in relation to the
          Pernyataan Efektif dari Otoritas Jasa Keuangan                  Effective Notification from Otoritas Jasa                           Penawaran Umum Terbatas VI (PUT VI)                             sixth Limited Public Offering (PUT VI) by
          (“OJK”)   berdasarkan       Surat    Keputusan                  Keuangan (“OJK”) through its Decree No. S-                          dengan menerbitkan Hak Memesan Efek                             conducting the Rights Issue (HMETD) of
          No. S-141/D.04/2013 dalam rangka Penawaran                      141/D.04/2013 in relation to the Third Limited                      Terlebih    Dahulu      (HMETD)      sejumlah                   3,786,010,377 shares with par value and at the
          Umum Terbatas III (PUT III) dengan                              Public Offering (PUT III) by conducting the                         3.786.010.377 saham dengan nilai nominal dan                    offering price of Rp250 (in full Rupiah) per
          menerbitkan Hak Memesan Efek Terlebih                           Rights Issue (HMETD) amounting to                                   harga penawaran sebesar Rp250 (dalam                            share.
          Dahulu (HMETD) sejumlah 2.596.543.000                           2,596,543,000 shares with par value and at the                      Rupiah penuh) per saham.
          saham dengan nilai nominal dan harga                            offering price of Rp250 (in full Rupiah) per
          penawaran sebesar Rp250 (dalam Rupiah                           share.                                                              Setelah PUT VI, modal ditempatkan dan disetor                   After the PUT VI, the Bank’s issued and fully
          penuh) per saham.                                                                                                                   Bank meningkat menjadi 20.436.685.984                           paid capital increased to 20,436,685,984
                                                                                                                                              lembar saham atau senilai Rp5.109.171.                          shares or Rp5,109,171.
          Setelah PUT III, modal ditempatkan dan disetor                  After the PUT III, the Bank’s issued and fully
          Bank meningkat menjadi 6.158.330.518 lembar                     paid capital increased to 6,158,330,518 shares                      Pada tanggal 28 April 2023, Bank memperoleh                     On April 28, 2023, the Bank obtained the
          saham atau senilai Rp1.539.583.                                 or Rp1,539,583.                                                     Pernyataan Efektif dari OJK berdasarkan Surat                   effective notification from OJK through its
                                                                                                                                              Keputusan No. S-109/D.04/2023 dalam rangka                      Decree No. S-109/D.04/2023 in relation to the
                                                                                                                                              Penawaran Umum Terbatas VII (PUT VII)                           Limited Public Offering VII (PUT VII) by
                                                                                                                                              dengan menerbitkan Hak Memesan Efek                             conducting the Rights Issue (HMETD) of
                                                                                                                                              Terlebih    Dahulu      (HMETD)      sejumlah                   14,721,362,381 shares with par value and the
                                                                                                                                              14.721.362.381 saham dengan nilai nominal                       offering price of Rp250 (in full Rupiah) per
                                                                                                                                              dan harga penawaran sebesar Rp250 (dalam                        share.
                                                                                                                                              Rupiah penuh) per saham.




                                                           11                                                                                                                                  12
Page 157
                                                                                              The original financial statements included herein are in the                                                                                               The original financial statements included herein are in the
                                                                                                                                    Indonesian language.                                                                                                                                       Indonesian language.

          PT BANK QNB INDONESIA TBK                                                                PT BANK QNB INDONESIA TBK                                                  PT BANK QNB INDONESIA TBK                                                       PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS                                           CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                          As of December 31, 2025 and                                             Tanggal 31 Desember 2025 dan untuk                                                 As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                                        for the Year Then Ended                                            Tahun yang Berakhir pada Tanggal Tersebut                                               for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                                         (Expressed in millions of Rupiah,                                           (Disajikan dalam jutaan Rupiah,                                                (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                                                unless otherwise stated)                                                    kecuali dinyatakan lain)                                                       unless otherwise stated)


1.   Umum (lanjutan)                                                                    1.    General (continued)                                                   1.   Umum (lanjutan)                                                           1.    General (continued)

     b.   Penawaran Umum Saham Bank (lanjutan)                                                b.   Public Offering of the Bank's Shares                                  d.   Komite-Komite Bank                                                         d.   The Bank’s Committees
                                                                                                   (continued)
                                                                                                                                                                              Susunan Komite-komite Bank pada tanggal 31                                      The composition of the Bank’s Committees as
          Setelah PUT VII, modal ditempatkan dan                                                   After the PUT VII, the Bank’s issued and fully                             Desember 2025 dan 2024 adalah sebagai                                           of December 31, 2025 and 2024, are as follows:
          disetor    Bank     meningkat   menjadi                                                  paid capital increased to 35,158,048,365 shares                            berikut:
          35.158.048.365 lembar saham atau senilai                                                 or Rp8,789,512.                                                            Komite Audit                                                                                                             Audit Committee
          Rp8.789.512.                                                                                                                                                        Ketua                                                Muhammad Anas Malla                                                        Chairman
                                                                                                                                                                              Anggota                                                  Heru Subroto                                                            Member
     c.   Dewan Komisaris dan Direksi                                                         c.   Board of Commissioners and Board of                                        Anggota                                                  Idewan Diaz                                                             Member
                                                                                                   Directors
                                                                                                                                                                              Komite Pemantau Risiko                                                                                      Risk Oversight Committee
                                                                                                                                                                              Ketua                                                    Djoko Sarwono                                                      Chairman
          Susunan terakhir Dewan Komisaris dan Direksi                                             The latest composition of Board of                                         Anggota                                                 Tjetjep Hasmitha                                                     Member
          dimuat dalam Akta Pernyataan Keputusan                                                   Commissioners and Board of Directors are                                   Anggota                                                   Heru Subroto                                                       Member
          Rapat Umum Pemegang Saham Luar Biasa                                                     stated in Deed of Declaration of Resolution
          No. 10 tanggal 16 Desember 2024 di hadapan                                               Extraordinary Shareholders’ General Meeting                                Komite Remunerasi dan                                                                                 Nomination and Remuneration
                                                                                                                                                                              Nominasi                                                                                                               Committee
          Fathiah Helmi, SH, notaris di Jakarta. dan telah                                         No. 10 dated December 16, 2024 of Fathiah
                                                                                                                                                                              Ketua                                               Muhammad Anas Malla                                                 Chairman
          memperoleh      Penerimaan      Pemberitahuan                                            Helmi, SH, notary public in Jakarta and has                                Anggota                                           Khalid Ahmed KH A Al-Sada                                              Member
          Perubahan Data Bank dari Kementerian Hukum                                               obtained receipt of Notification of the Data                               Anggota                                            Carina Hastari Tanubrata*                                             Member
          Republik     Indonesia      No.AHU-AH.01.09-                                             Change from the Minister of Laws of the
          0289482 tertanggal 17 Desember 2024.                                                     Republic of Indonesia No.AHU-AH.01.09-                                       *) Carina Hastari Tanubrata diangkat sebagai anggota Komite
                                                                                                                                                                                Remunerasi dan Nominasi berdasarkan Surat Keputusan Direksi
                                                                                                                                                                                                                                                                 *) Carina Hastari Tanubrata has appointed as a member of
                                                                                                                                                                                                                                                                 the Bank’s Nomination and Remuneration Committee based
                                                                                                   0289482 dated December 17, 2024.                                             059/SK-DIR/XI/2025 tanggal 18 November 2025.                                     on Board of Directors Decree No. 059/SK-DIR/XI/2025 dated
                                                                                                                                                                                                                                                                 November 18, 2025.

          Susunan Dewan Komisaris dan Direksi Bank                                                 The composition of the Bank’s Board of
                                                                                                                                                                         e.   Sekretaris Perusahaan                                                      e.   Corporate Secretary
          pada tanggal 31 Desember 2025 dan 2024                                                   Commissioners and Board of Directors as of
          adalah sebagai berikut:                                                                  December 31, 2025 and 2024 are as follows:                                 Sekretaris Perusahaan pada tanggal 31                                           The Corporate Secretary as of December 31,
                                                                                                                                                                              Desember 2025 dan 2024 adalah Indah                                             2025 and 2024 is Indah Mathilda.
                                                                             2025 dan 2024/
                                                                             2025 and 2024                                                                                    Mathilda.

                                                                                                                                                                         f.   Kepala Satuan Kerja Audit Internal (SKAI)                                  f.   Head of Internal Audit
          Dewan Komisaris                                                                                                         Board of Commissioners
          Komisaris Utama                                                Fatma Al-Suwaidi                                           President Commissioner                    Plt. Chief Auditor pada tanggal 31 Desember                                     Act. Chief Auditor as of December 31, 2025 is
          Komisaris Independen                                            Djoko Sarwono                                          Independent Commissioner
                                                                                                                                                                              2025 adalah Lius Pritantyo dan Chief Auditor                                    Lius Pritantyo and Chief Auditor as of
          Komisaris Independen                                         Muhammad Anas Malla                                       Independent Commissioner
          Komisaris                                                       Khalid Al-Sada                                                      Commissioner                    pada tanggal 31 Desember 2024 adalah Romy                                       December 31, 2024 is Romy Yulianto Santoso.
                                                                                                                                                                              Yulianto Santoso.
          Direksi                                                                                                                          Board of Directors
          Direktur Utama                                       Nicolas Alix Groene (Nick Groene)*                                           President Director      2.   Ikhtisar Kebijakan Akuntansi yang Material                                2.    Summary of Material Accounting Policies
          Direktur                                                    Windiartono Tabingin                                                            Director
          Direktur                                                   Gede Shanta Wiguna**                                                             Director           Kebijakan-kebijakan akuntansi yang material, yang                               The material accounting policies, applied in the
          Direktur                                             Mario Albert Utama (Mario Utama)***                                                    Director           diterapkan dalam penyusunan laporan keuangan                                    preparation of the Bank’s financial statements as of
            *) Nick Groene telah diangkat sebagai Direktur Utama sesuai                                *) Nick Groene has been appointed as President Director           Bank pada tanggal dan tahun yang berakhir                                       and for the year ended December 31, 2025 and
            Keputusan Rapat Umum Pemegang Saham Luar Biasa pada
            tanggal 4 Desember 2024 dan berlaku efektif setelah diterimanya
                                                                                                       based on the Resolution of Extraordinary General Meeting
                                                                                                       of Shareholder on December 4, 2024, and effective after
                                                                                                                                                                         31 Desember 2025 dan 2024, adalah sebagai                                       2024, are as follows:
            persetujuan dari OJK atas penilaian kelayakan dan kepatuhan pada                           receiving fit and proper test approval from OJK on                berikut:
            tanggal 12 Desember 2024.                                                                  December 12,2024.
            **) Gede Shanta Wiguna telah diangkat sebagai Direktur sesuai                              **) Gede Shanta Wiguna has been appointed as Director             a.   Pernyataan Kepatuhan                                                       a.   Statement of Compliance
            Keputusan Rapat Umum Pemegang Saham Tahunan pada tanggal                                   based on the Resolution of Annual General Meeting of
            30 Mei 2024 dan berlaku efektif setelah diterimanya persetujuan dari                       Shareholder on May 30, 2024, and effective after receiving
            OJK atas penilaian kelayakan dan kepatuhan pada tanggal                                    fit and proper test approval from OJK on August 8, 2024.               Laporan keuangan Bank disusun dan disajikan                                     The Bank’s financial statements have been
            8 Agustus 2024.
                                                                                                                                                                              sesuai dengan Standar Akuntansi Keuangan                                        prepared and presented in accordance with
            ***) Mario Utama telah diangkat sebagai Direktur sesuai Keputusan                          ***) Mario Utama has been appointed as Director based on
            Rapat Umum Pemegang Saham Luar Biasa pada tanggal                                          the Resolution of Extraordinary General Meeting of                     (SAK) di Indonesia.                                                             Indonesian Financial Accounting Standards
            4 Desember 2024 dan berlaku efektif setelah diterimanya                                    Shareholder on December 4, 2024, and effective after                                                                                                   (SAK).
            persetujuan dari OJK atas penilaian kelayakan dan kepatuhan pada                           receiving fit and proper test approval from OJK on January
            tanggal 24 Januari 2025.                                                                   24, 2025.
                                                                                                                                                                              Laporan keuangan juga disusun dan disajikan                                     The financial statements have also been
                                                                                                                                                                              sesuai dengan peraturan Badan Pengawas                                          prepared and presented in accordance with
                                                                                                                                                                              Pasar Modal dan Lembaga Keuangan                                                Capital Market and Financial Institutions
                                                                                                                                                                              (“BAPEPAM-LK”, yang fungsinya dialihkan                                         Supervisory Agency (“BAPEPAM-LK”, whose
                                                                                                                                                                              kepada OJK sejak tanggal 1 Januari 2013)                                        function has been transferred to OJK starting
                                                                                                                                                                              No. VIII.G.7 tanggal 25 Juni 2012, Lampiran                                     January 1, 2013) rule No. VIII.G.7 dated June
                                                                                                                                                                              Keputusan Ketua Bapepam-LK No. Kep-                                             25, 2012, Annex to the Decree of the Chairman
                                                                                                                                                                              347/BL/2012      tentang   Penyajian    dan                                     of    Bapepam-LK       No.    Kep-347/BL/2012
                                                                                                                                                                              Pengungkapan Laporan Keuangan Emiten atau                                       regarding Financial Statements Presentation
                                                                                                                                                                              Perusahaan Publik.                                                              and Disclosure of the Issuer or Public Bank.
                                                                                   13                                                                                                                                                         14
Page 158
                                                                       The original financial statements included herein are in the                                                                        The original financial statements included herein are in the
                                                                                                             Indonesian language.                                                                                                                Indonesian language.

          PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                       PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                 As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                         unless otherwise stated)                                             kecuali dinyatakan lain)                                       unless otherwise stated)


2.   Ikhtisar Kebijakan Akuntansi yang Material                   2.   Summary of          Material    Accounting        Policies     2.   Ikhtisar Kebijakan Akuntansi yang Material                 2.   Summary of          Material     Accounting       Policies
     (lanjutan)                                                        (continued)                                                         (lanjutan)                                                      (continued)

                                                                                                                                           c.   Penggunaan Pertimbangan, Estimasi dan                      c.   Use of Judgments,                 Estimates       and
     b.   Dasar Penyusunan Laporan Keuangan                            b.   Basis  for         Preparation       of    Financial                Asumsi (lanjutan)                                               Assumptions (continued)
                                                                            Statements
                                                                                                                                                Informasi mengenai hal-hal material yang                        Information about material areas of estimation
          Laporan keuangan ini disajikan dalam Rupiah,                      Figures in these financial statements are                           terkait dengan ketidakpastian estimasi dan                      uncertainty and critical judgments in applying
          yang merupakan mata uang fungsional Bank.                         presented in Rupiah, which is the Bank’s                            pertimbangan-pertimbangan material dalam                        accounting policies that have material effect on
          Kecuali dinyatakan secara khusus, informasi                       functional currency. Unless otherwise stated,                       penerapan kebijakan akuntansi yang memiliki                     the amount recognized in the financial
          keuangan yang disajikan telah dibulatkan                          financial information presented in Rupiah has                       dampak yang signifikan terhadap jumlah yang                     statements are described in Note 4.
          menjadi jutaan Rupiah.                                            been rounded to the nearest million.                                diakui dalam laporan keuangan dijelaskan di
                                                                                                                                                Catatan 4.
          Laporan keuangan disusun atas basis akrual                        The financial statements have been prepared
          dengan menggunakan konsep nilai historis,                         on the accrual basis using the historical cost                 d.   Penjabaran Transaksi dan Saldo dalam                       d.   Foreign   Currency            Transactions        and
          kecuali jika standar akuntansi mensyaratkan                       concept, except where the accounting                                Valuta Asing                                                    Balances Translation
          pengukuran nilai wajar.                                           standards require fair value measurement.
                                                                                                                                                Transaksi-transaksi dalam valuta asing                          Transactions in foreign currencies are
          Laporan arus kas menyajikan perubahan dalam                       The statement of cash flows present the                             dijabarkan ke dalam Rupiah, yang merupakan                      translated into Rupiah, the Bank’s functional
          kas dan setara kas dari aktivitas operasi,                        changes in cash and cash equivalents from                           mata    uang fungsional Bank,       dengan                      currency, at the exchange rates prevailing at
          investasi dan pendanaan. Laporan arus kas                         operating, investing and financing activities.                      menggunakan kurs pada tanggal transaksi.                        the transaction date.
          disusun dengan metode langsung. Untuk tujuan                      The statement of cash flows are prepared using
          laporan arus kas, kas dan setara kas meliputi                     the direct method. For the purpose of the                           Saldo akhir tahun aset moneter dan liabilitas                   Year-end balances of monetary assets and
          kas, giro pada Bank Indonesia, giro pada bank                     statement of cash flows, cash and cash                              moneter dalam valuta asing dijabarkan ke                        liabilities denominated in foreign currencies are
          lain, penempatan pada Bank Indonesia dan                          equivalents consist of cash, current accounts                       dalam Rupiah dengan menggunakan kurs                            translated into Rupiah using middle exchange
          bank lain yang jatuh tempo dalam waktu tiga                       with Bank Indonesia, current accounts with                          tengah yang merupakan rata-rata kurs beli dan                   rates which are the average of buying rates and
          bulan sejak tanggal perolehan, sepanjang tidak                    other banks, placements with Bank Indonesia                         kurs jual berdasarkan Reuters pada pukul 16.00                  selling rates per Reuters at 16.00 Western
          digunakan sebagai jaminan atas pinjaman yang                      and other banks that mature within three                            WIB setiap hari.                                                Indonesia Time.
          diterima serta tidak dibatasi penggunaannya.                      months from the date of acquisition, as long as
                                                                            they are not being pledged as collateral for                        Keuntungan dan kerugian selisih kurs yang                       The exchange gains and losses arising from
                                                                            borrowing nor restricted.                                           timbul dari transaksi dalam valuta asing dan                    transactions in foreign currencies and from the
                                                                                                                                                dari penjabaran aset moneter dan liabilitas                     translation of monetary assets and monetary
     c.   Penggunaan Pertimbangan, Estimasi dan                        c.   Use of Judgments,                 Estimates       and               moneter dalam valuta asing diakui pada laba                     liabilities denominated in foreign currencies are
          Asumsi                                                            Assumptions                                                         rugi.                                                           recognized in profit or loss.

          Penyusunan laporan keuangan sesuai dengan                         The preparation of financial statements in                          Laba atau rugi kurs valuta asing atas aset dan                  The foreign currency gains or losses on
          SAK di Indonesia mengharuskan manajemen                           conformity with SAK requires Bank’s                                 liabilitas moneter merupakan selisih antara                     monetary assets and liabilities are the
          Bank untuk membuat pertimbangan, estimasi                         management to make judgments, estimates                             biaya perolehan diamortisasi dalam Rupiah                       difference between amortized cost in Rupiah at
          dan asumsi yang mempengaruhi penerapan                            and assumptions that affect the application of                      pada awal tahun, disesuaikan dengan tingkat                     the beginning of the year, adjusted for effective
          kebijakan akuntansi dan jumlah aset, liabilitas,                  accounting policies and the reported amounts                        suku bunga efektif dan pembayaran selama                        interest rate and payments during the year, and
          pendapatan dan beban yang dilaporkan.                             of assets, liabilities, income and expenses.                        tahun      berjalan,  dan   biaya    perolehan                  the amortized cost in foreign currency
                                                                                                                                                diamortisasi dalam valuta asing yang                            translated into Rupiah using the exchange rate
          Walaupun estimasi ini dibuat berdasarkan                          Although these estimates are based on                               dijabarkan      ke   dalam Rupiah      dengan                   at the end of the year.
          pengetahuan terbaik manajemen atas kejadian                       management’s best knowledge of current                              menggunakan kurs pada akhir tahun.
          dan kegiatan saat ini, hasil aktual dapat                         events and activities, actual results may differ
          berbeda dari estimasi tersebut.                                   from those estimates.                                               Aset dan liabilitas non-moneter dalam mata                      Non-monetary        assets  and      liabilities
                                                                                                                                                uang asing dijabarkan dengan menggunakan                        denominated in foreign currencies are
          Estimasi dan asumsi yang digunakan ditelaah                       Estimates and underlying assumptions are                            kurs pada tanggal transaksi.                                    translated using the exchange rates prevailing
          secara     berkesinambungan. Revisi       atas                    reviewed on an ongoing basis. Revisions to                                                                                          at the transaction date.
          estimasi akuntansi diakui pada periode dimana                     accounting estimates are recognized in the
          estimasi tersebut direvisi dan periode-periode                    periods in which the estimate is revised and in
          yang akan datang yang dipengaruhi oleh revisi                     any future periods affected.
          estimasi tersebut.




                                                             15                                                                                                                                  16
Page 159
                                                                       The original financial statements included herein are in the                                                                            The original financial statements included herein are in the
                                                                                                             Indonesian language.                                                                                                                    Indonesian language.

          PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS                                   CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025 and                                     Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended                                    Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                   (Expressed in millions of Rupiah,                                   (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                          unless otherwise stated)                                            kecuali dinyatakan lain)                                           unless otherwise stated)


2.   Ikhtisar Kebijakan Akuntansi yang Material                   2.     Summary of         Material     Accounting       Policies    2.   Ikhtisar Kebijakan Akuntansi yang Material                     2.   Summary of          Material     Accounting       Policies
     (lanjutan)                                                          (continued)                                                       (lanjutan)                                                          (continued)

     d.   Penjabaran Transaksi dan Saldo dalam                           d.   Foreign   Currency     Transactions              and         e.   Transaksi    dengan     Pihak-pihak     Berelasi               e.   Transactions         with       Related       Parties
          Valuta Asing (lanjutan)                                             Balances Translation (continued)                                  (lanjutan)                                                          (continued)

          Kurs valuta asing utama yang digunakan pada                         The major exchange rates used as of reporting                     b. Suatu entitas berelasi dengan entitas                            b.    An entity is related to a reporting entity if
          tanggal pelaporan adalah sebagai berikut                            date, are as follows (in full Rupiah):                               pelapor jika memenuhi hal-hal sebagai                                  any of the following conditions applies:
          (Rupiah penuh):                                                                                                                          berikut: (lanjutan)                                                    (continued)
                                                                                                                                                   iii. kedua entitas tersebut adalah ventura                             iii. both entities are joint ventures of the
          Valuta asing                           2025             2024                                       Foreign currencies                          bersama dari pihak ketiga yang sama;                                  same third party;
                                                                                                                                                   iv. satu entitas adalah ventura bersama                                iv. one entity is a joint venture of a third
          Poundsterling Inggris                     22.440             20.219                          Great Britain Poundsterling
          Euro Eropa                                19.571             16.758                                      European Euro                         dari entitas ketiga dan entitas yang lain                             entity and the other entity is an
          Dolar Amerika Serikat                     16.675             16.095                                United States Dollar                        adalah entitas asosiasi dari entitas                                  associate of the third entity;
          Dolar Singapura                           12.965             11.845                                    Singapore Dollar                        ketiga;
          Dolar Australia                           11.152             10.014                                     Australian Dollar                v. entitas tersebut adalah suatu program                               v.   the entity is a post-employment benefit
          Riyal Qatar                                4.575              4.416                                         Qatari Riyal                       imbalan pasca kerja untuk imbalan                                     plan for the benefit of employees of
          Yuan China                                 2.385              2.199                                       Chinese Yuan                         kerja dari satu entitas pelapor atau                                  either the reporting entity or an entity
          Dolar Hong Kong                            2.142              2.073                                   Hong Kong Dollar                         entitas yang terkait dengan entitas                                   related to the reporting entity. If the
          Yen Jepang                                   107                103                                       Japanese Yen
                                                                                                                                                         pelapor. Jika entitas pelapor adalah                                  reporting entity in itself such a plan,
                                                                                                                                                         entitas    yang      menyelenggarakan                                 the sponsoring employers are also
     e.   Transaksi dengan Pihak-pihak Berelasi                          e.   Transactions with Related Parties
                                                                                                                                                         program tersebut, maka entitas                                        related to the reporting entity.
                                                                                                                                                         sponsor juga berelasi dengan entitas
          Dalam laporan keuangan ini, istilah pihak-pihak                     In these financial statements, the term related
                                                                                                                                                         pelapor.
          berelasi digunakan sesuai dengan PSAK 224                           parties is used as defined in PSAK 224
                                                                                                                                                   vi. entitas yang dikendalikan atau                                     vi. the entity controlled or jointly
          mengenai       “Pengungkapan        Pihak-pihak                     regarding “Related Party Disclosures”, the
                                                                                                                                                         dikendalikan bersama oleh orang                                      controlled by a person identified in (a);
          Berelasi”, yang dimaksud dengan pihak yang                          meaning of a related party is a person or entity
                                                                                                                                                         yang diidentifikasi dalam butir (a);
          berelasi adalah orang atau entitas yang berelasi                    that is related to a reporting entity as follow:
                                                                                                                                                   vii. orang yang diidentifikasi, dalam butir                            vii. a person identified in (a) (i) has
          dengan entitas pelapor sebagai berikut:
                                                                                                                                                         (a) (i) memiliki pengaruh signifikan                                   significant influence over the entity or
                                                                                                                                                         terhadap entitas atau anggota                                          is a member of the key management
          a. Orang atau anggota keluarga terdekatnya                          a.   A person or a close member of that
                                                                                                                                                         manajemen kunci entitas (atau entitas                                  personel of the entity (or of a parent of
             berelasi dengan entitas pelapor jika orang                            person’s family is related to a reporting
                                                                                                                                                         induk dari entitas); atau                                              the entity); or
             tersebut:                                                             entity if that person:
                                                                                                                                                   viii. entitas, atau anggota dari kelompok                              viii. the entity, or any member of a group
             i.   memiliki        pengendalian      atau                           i.   has control or joint control over the
                                                                                                                                                         dimana entitas merupakan bagian dari                                   of which it is a part, provides key
                  pengendalian      bersama     terhadap                                reporting entity;
                                                                                                                                                         kelompok tersebut, menyediakan jasa                                    management personnel services to
                  entitas pelapor;
                                                                                                                                                         personil manajemen kunci kepada                                        the reporting entity or to the parent of
             ii. memiliki pengaruh signifikan terhadap                             ii.  has significant influence over the
                                                                                                                                                         entitas pelapor atau kepada entitas                                    the reporting entity.
                  entitas pelapor; atau                                                 reporting entity; or
                                                                                                                                                         induk dari entitas pelaporan.
             iii. merupakan personal manajemen                                     iii. is member of the key management
                  kunci entitas pelapor atau entitas                                    personnel of the reporting entity or a
                                                                                                                                                Semua transaksi yang signifikan dengan pihak-                       All significant transaction with related parties,
                  induk pelapor.                                                        parent of the reporting entity.
                                                                                                                                                pihak berelasi, baik dilakukan dengan                               whether or not conducted under normal terms
          b. Suatu entitas berelasi dengan entitas                            b.   An entity is related to a reporting entity if
                                                                                                                                                menggunakan syarat dan kondisi normal                               and conditions as those with third parties, are
             pelapor jika memenuhi hal-hal sebagai                                 any of the following conditions applies:
                                                                                                                                                maupun tidak, diungkapkan dalam Catatan 36.                         disclosed in Note 36.
             berikut:
             i.   entitas dan entitas pelapor adalah                               i.    the entity and the reporting entity are
                                                                                                                                           f.   Aset dan Liabilitas Keuangan                                   f.   Financial Assets and Liabilities
                  anggota dari kelompok usaha yang                                       member of the same the Bank (which
                  sama (artinya entitas induk, entitas                                   means that each parent, subsidiaries,
                                                                                                                                                Aset keuangan Bank terutama terdiri dari kas,                       The Bank’s financial assets mainly consist of
                  anak, dan entitas anak berikutnya                                      and fellow subsidiaries is related to the
                                                                                                                                                giro pada Bank Indonesia, giro pada bank lain,                      cash, current accounts with Bank Indonesia,
                  terkait dengan entitas lain);                                          others);
                                                                                                                                                penempatan pada Bank Indonesia dan bank                             current accounts with other banks, placements
             ii. satu entitas adalah entitas asosiasi                              ii.   one entity is an associate or joint
                                                                                                                                                lain, efek-efek yang dibeli dengan janji dijual                     with Bank Indonesia and other banks, securities
                  atau ventura bersama bagi entitas lain                                 venture of the other entity (or an
                                                                                                                                                kembali, tagihan akseptasi, kredit yang                             purchased under agreements to resell,
                  (atau entitas asosiasi atau ventura                                    associate or joint venture of member
                                                                                                                                                diberikan, efek-efek dan aset lain-lain.                            acceptance receivables, loans, securities, and
                  bersama yang merupakan anggota                                         of a Bank of which the other entity is a
                                                                                                                                                                                                                    other assets.
                  suatu kelompok usaha, di mana                                          member);
                  entitas     lain    tersebut    adalah
                  anggotanya);




                                                             17                                                                                                                                      18
Page 160
                                                                         The original financial statements included herein are in the                                                                          The original financial statements included herein are in the
                                                                                                               Indonesian language.                                                                                                                  Indonesian language.

          PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                           unless otherwise stated)                                             kecuali dinyatakan lain)                                         unless otherwise stated)


2.   Ikhtisar Kebijakan Akuntansi yang Material                     2.   Summary of          Material     Accounting       Policies     2.   Ikhtisar Kebijakan Akuntansi yang Material                   2.   Summary of          Material     Accounting       Policies
     (lanjutan)                                                          (continued)                                                         (lanjutan)                                                        (continued)

     f.   Aset dan Liabilitas Keuangan (lanjutan)                        f.   Financial Assets and Liabilities (continued)                   f.   Aset dan Liabilitas Keuangan (lanjutan)                      f.   Financial Assets and Liabilities (continued)

          Liabilitas keuangan Bank terutama terdiri dari                      The Bank’s financial liabilities mainly consist of                  (i)   Klasifikasi (lanjutan)                                      (i)   Classification (continued)
          liabilitas segera, simpanan dari nasabah,                           liabilities payable on demand, deposits from
          simpanan dari bank lain, liabilitas akseptasi,                      customers, deposits from other banks,                                     Aset keuangan diukur pada biaya                                   Financial assets are measured at
          liabilitas derivatif, efek-efek yang dijual dengan                  acceptance payables, derivative payables,                                 perolehan diamortisasi jika kedua kondisi                         amortized cost if both of the following
          janji dibeli kembali, beban yang masih harus                        securities sold under repurchase agreements,                              berikut terpenuhi:                                                conditions are met:
          dibayar dan liabilitas lain-lain.                                   accrued expenses and other liabilities.
                                                                                                                                                        •   Aset keuangan yang dikelola dalam                             •    Financial assets are managed where
          Bank menerapkan PSAK 109, “Instrumen                                The Bank adopted PSAK 109, “Financial                                         model bisnis yang bertujuan untuk                                  the business model objectives in order
          Keuangan” yang menggantikan PSAK 239,                               Instruments” which replaced PSAK 239,                                         memiliki aset keuangan dalam rangka                                to collect the contractual cash flows;
          “Instrumen   Keuangan: Pengakuan  dan                               “Financial Instruments: Recognition and                                       mendapatkan arus kas kontraktual;                                  and
          Pengukuran”.                                                        Measurement”.                                                                 dan
                                                                                                                                                        •   Arus kas kontraktual tersebut semata                          •    The contractual cash flows are solely
          (i)   Klasifikasi                                                   (i)   Classification                                                          dari pembayaran pokok dan bunga                                    payments of principal and interest
                                                                                                                                                            (SPPI).                                                            (SPPI).
                Bank       mengklasifikasikan         aset                          The Bank classifies its financial assets
                keuangannya      berdasarkan      kategori                          according to the following categories at                            Aset keuangan diukur pada nilai wajar                             Financial assets are measured at fair value
                sebagai berikut pada saat pengakuan                                 initial recognition:                                                melalui penghasilan komprehensif lain                             through other comprehensive income
                awal:                                                                                                                                   (FVOCI) jika kedua kondisi berikut:                               (FVOCI) if both of the following conditions
                1. Aset keuangan yang diukur pada nilai                             1.   Financial assets measured at fair                                                                                                are met:
                    wajar melalui laba rugi;                                             value through profit or loss;
                2. Aset keuangan yang diukur pada nilai                             2.   Financial assets measured at fair                              •   Aset keuangan yang dikelola untuk                             •    Financial assets are managed to
                    wajar       melalui      penghasilan                                 value through other comprehensive                                  mendapatkan arus kas kontraktual                                   collect the contractual cash flows and
                    komprehensif lain;                                                   income;                                                            dan menjual aset keuangan; dan                                     sell the assets; and
                3. Aset keuangan yang diukur pada                                   3.   Financial   assets      measured at                            •   Arus kas kontraktual tersebut semata                          •    The contractual cash flows are solely
                    biaya perolehan diamortisasi.                                        amortized cost.                                                    dari pembayaran pokok dan bunga                                    payments of principal and interest
                                                                                                                                                            (SPPI).                                                            (SPPI).
                Model bisnis merefleksikan bagaimana                                The business model reflects how groups of
                kelompok aset keuangan dikelola untuk                               financial assets are managed to achieve a                           Aset keuangan diklasifikasikan pada nilai                         Financial assets are measured at fair value
                mencapai tujuan bisnis tertentu.                                    particular business objective.                                      wajar melalui laba rugi (FVTPL) jika tidak                        through profit or loss (FVTPL) if do not
                                                                                                                                                        memenuhi kondisi yang disyaratkan untuk                           meet the conditions required to be
                Bank melakukan pengujian karakteristik                              The Bank assess the contractual cash flow                           diukur pada biaya perolehan diamortisasi                          measured at amortized cost or fair value
                arus kas kontraktual dari aset keuangan                             characteristics of financial assets to                              atau nilai wajar melalui penghasilan                              through other comprehensive income.
                yang     dikelola    untuk    mengetahui                            determine the characteristics of contractual                        komprehensif lain.
                karakteristik arus kas kontraktual berasal                          cash flows only from the payment of
                hanya dari pembayaran pokok dan bunga                               principal and interest from the outstanding                         Pada saat pengakuan awal, Bank dapat                              At initial recognition, the Bank may make
                dari jumlah pokok terutang (Solely                                  principal (Solely Payment of Principal and                          membuat pilihan yang tidak dapat                                  an irrevocable choice to present equity
                Payment of Principal and Interest atau                              Interest or Pass SPPI) that is consistent                           dibatalkan untuk menyajikan instrumen                             instruments that are not held for trading at
                Pass SPPI) yang konsisten dengan                                    with basic lending agreement. In making                             ekuitas yang bukan dimiliki untuk                                 fair value through other comprehensive
                pengaturan pinjaman dasar (Basic Lending                            the assessment, the Bank considers:                                 diperdagangkan pada nilai wajar melalui                           income.
                Agreement). Dalam melakukan penilaian,                                                                                                  penghasilan komprehensif lain.
                Bank mempertimbangkan:

                •   Imbalan untuk nilai waktu dari uang;                            •    The time value of money element of
                                                                                         interest;
                •   Leverage;                                                       •    Leverage;
                •   Variabilitas pada waktu dan jumlah                              •    Variability in timing or amount of cash
                    arus kas;                                                            flows;
                •   Instrumen     yang  terkait  secara                             •    Contractually linked instruments;
                    kontraktual;
                •   Pembayaran dipercepat;                                          •    Early repayment;
                •   Ketentuan kontrak tidak sah dan de                              •    Non-genuine features and de minimis.
                    minimis.




                                                               19                                                                                                                                    20
Page 161
                                                                                The original financial statements included herein are in the                                                                                    The original financial statements included herein are in the
                                                                                                                      Indonesian language.                                                                                                                            Indonesian language.

          PT BANK QNB INDONESIA TBK                                                  PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                                   PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                            As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                             As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                          for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                           for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                           (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                            (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                                  unless otherwise stated)                                             kecuali dinyatakan lain)                                                   unless otherwise stated)


2.   Ikhtisar Kebijakan Akuntansi yang Material                            2.    Summary of           Material     Accounting     Policies     2.   Ikhtisar Kebijakan Akuntansi yang Material                             2.   Summary of           Material       Accounting    Policies
     (lanjutan)                                                                  (continued)                                                        (lanjutan)                                                                  (continued)

     f.   Aset dan Liabilitas Keuangan (lanjutan)                                f.   Financial Assets and Liabilities (continued)                  f.   Aset dan Liabilitas Keuangan (lanjutan)                                f.    Financial Assets and Liabilities (continued)

          (i)   Klasifikasi (lanjutan)                                                (i)   Classification (continued)                                   (i)   Klasifikasi (lanjutan)                                                 (i)   Classification (continued)

                Liabilitas keuangan diklasifikasikan ke                                     Financial liabilities are classified into the
                dalam kategori sebagai berikut pada saat                                    following categories at initial recognition:                                    Kategori yang didefinisikan
                                                                                                                                                                                                                                Golongan
                pengakuan awal:                                                                                                                                                                                          (ditentukan oleh Bank)/
                                                                                                                                                                                 oleh PSAK 109/                                                              Subgolongan/Subclasses
                                                                                                                                                                                                                         Class (as determined by
                                                                                                                                                                         Category as defined by PSAK 109
                I.    Liabilitas keuangan yang diukur pada                                  I.    Financial liabilities at fair value                                                                                           the Bank)
                      nilai wajar melalui laporan laba rugi,                                      through profit or loss, which has 2
                                                                                                                                                                                        Liabilitas keuangan yang
                      yang memiliki 2 (dua) sub-klasifikasi,                                      (two) sub-classifications, i.e. those                                                 diukur pada nilai wajar
                      yaitu     liabilitas keuangan    yang                                       designated as such upon initial                                                       melalui laba rugi/               Liabilitas derivatif/Derivative payables
                      ditetapkan demikian pada saat                                               recognition and those classified as                                                   Financial liabilities at fair
                      pengakuan awal dan diklasifikasikan                                         held for trading;                                                                     value through profit or loss
                      dalam kelompok diperdagangkan;
                                                                                                                                                                     Liabilitas
                II.   Liabilitas keuangan lain. Liabilitas                                  II.   Other financial liabilities. Other                                                                                     Liabilitas segera/Liabilities payable on demand
                                                                                                                                                                     keuangan/
                      keuangan lainnya merupakan liabilitas                                       financial liabilities pertain to financial                                                                             Simpanan dari nasabah/Deposits from customers
                                                                                                                                                                     Financial
                      keuangan yang tidak dimiliki untuk                                          liabilities that are not held for trading                                                                              Simpanan dari bank lain/Deposits from other banks
                                                                                                                                                                     liabilities        Liabilitas keuangan yang
                      dijual atau ditentukan sebagai nilai                                        nor designated as at fair value through                                                                                Liabilitas akseptasi/Acceptance payables
                                                                                                                                                                                        diukur     dengan        biaya
                      wajar melalui laba rugi saat                                                profit or loss upon recognition of the                                                                                 Efek-efek yang dijual dengan janji dibeli kembali/
                                                                                                                                                                                        perolehan      diamortisasi/
                                                                                                                                                                                                                         Securities sold under repurchase agreements
                      pengakuan liabilitas.                                                       liability.                                                                            Financial    liabilities    at
                                                                                                                                                                                        amortized cost                   Beban yang masih harus dibayar/Accrued expenses
                                                                                                                                                                                                                                                          Utang bunga/Interest payables
                                                                                Golongan                                                                                                                                 Liabilitas lain-lain/
                              Kategori yang didefinisikan                                                                                                                                                                                                 Setoran jaminan/
                                                                         (ditentukan oleh Bank)/                                                                                                                         Other liabilities
                                   oleh PSAK 109/                                                            Subgolongan/Subclasses                                                                                                                       Security deposits
                                                                         Class (as determined by
                           Category as defined by PSAK 109
                                                                                the Bank)
                                         Aset keuangan yang
                                         diukur pada nilai wajar                                                                                         (ii) Pengakuan awal                                                          (ii) Initial recognition
                                         melalui laba rugi/
                                                                         Tagihan derivatif - Tidak terkait lindung nilai/
                                         Financial assets at fair
                                                                         Derivative receivables - Non hedging related
                                                                                                                                                               Bank pada awalnya mengakui kredit yang                                       The Bank initially recognizes loans and
                                         value through profit or                                                                                               diberikan serta simpanan diukur pada nilai                                   deposits at fair value on the date of
                                         loss                                                                                                                  wajar pada tanggal perolehan.                                                origination.
                                                                         Giro pada Bank Indonesia/Current accounts with Bank Indonesia                         Pembelian dan penjualan aset keuangan                                        Regular way purchases and sales of
                                                                         Giro pada bank lain/Current accounts with other banks
                                                                                                                                                               yang lazim (regular) diakui pada tanggal                                     financial assets are recognized on the
                                                                         Penempatan pada Bank Indonesia dan bank lain/
                                                                         Placements with Bank Indonesia and other banks
                                                                                                                                                               perdagangan dimana Bank memiliki                                             trade date at which the Bank commits to
                                         Aset keuangan yang
                                                                         Efek-efek yang dibeli dengan janji dijual kembali/                                    komitmen untuk membeli atau menjual                                          purchase or sell the asset.
                                         diukur pada biaya                                                                                                     aset tersebut.
                                                                         Securities purchased under agreements to resell
                       Aset keuangan/    perolehan yang
                                                                         Tagihan akseptasi/Acceptance receivables
                       Financial         diamortisasi/                                                                                                         Semua aset dan liabilitas keuangan lainnya                                   All other financial assets and liabilities are
                                                                         Kredit yang diberikan/Loans
                       assets            Financial assets at
                                         amortized cost                                                Piutang bunga/                                          pada awalnya diakui pada tanggal                                             initially recognized on the trade date at
                                                                         Aset lain-lain/Other assets
                                                                                                       Interest receivables                                    perdagangan dimana Bank menjadi suatu                                        which the Bank becomes a party to the
                                                                                                       Piutang lain-lain/                                      pihak   dalam     ketentuan kontraktual                                      contractual provisions of the instrument.
                                                                                                       Other receivables                                       instrumen tersebut.
                                                                         Efek-efek/Securities
                                         Aset keuangan yang                                                                                                    Pada saat pengakuan awal, aset keuangan                                      A financial asset or financial liability is
                                         diukur pada nilai wajar
                                         melalui penghasilan
                                                                                                                                                               atau liabilitas keuangan diukur pada nilai                                   initially measured at fair value plus/minus
                                         komprehensif lain/                                                                                                    wajar ditambah/dikurang (untuk instrumen                                     (for financial instruments not subsequently
                                         Financial assets at fair        Efek-efek/Securities                                                                  keuangan yang tidak diukur pada nilai                                        measured at fair value through profit or
                                         value through other                                                                                                   wajar melalui laba rugi setelah pengakuan                                    loss) transaction costs that are directly
                                         comprehensive income                                                                                                  awal) biaya transaksi yang dapat                                             attributable to the acquisition of financial
                                                                                                                                                               diatribusikan secara langsung atas                                           asset or issue of financial liability. The
                                                                                                                                                               perolehan aset keuangan atau penerbitan                                      subsequent measurement of financial
                                                                                                                                                               liabilitas keuangan. Pengukuran aset                                         assets and financial liabilities depends on
                                                                                                                                                               keuangan dan liabilitas keuangan setelah                                     their classification.
                                                                                                                                                               pengakuan       awal    tergantung   pada
                                                                                                                                                               klasifikasi aset keuangan dan liabilitas
                                                                                                                                                               keuangan tersebut.


                                                                    21                                                                                                                                             22
Page 162
                                                                          The original financial statements included herein are in the                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.                                                                                                                  Indonesian language.

          PT BANK QNB INDONESIA TBK                                            PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                            unless otherwise stated)                                             kecuali dinyatakan lain)                                         unless otherwise stated)


2.   Ikhtisar Kebijakan Akuntansi yang Material                      2.   Summary of          Material     Accounting       Policies     2.   Ikhtisar Kebijakan Akuntansi yang Material                   2.   Summary of          Material     Accounting       Policies
     (lanjutan)                                                           (continued)                                                         (lanjutan)                                                        (continued)

     f.   Aset dan Liabilitas Keuangan (lanjutan)                         f.   Financial Assets and Liabilities (continued)                   f.   Aset dan Liabilitas Keuangan (lanjutan)                      f.   Financial Assets and Liabilities (continued)

          (ii) Pengakuan awal (lanjutan)                                       (ii) Initial recognition (continued)                                (iii) Pengukuran setelah pengakuan awal                           (iii) Subsequent measurement (continued)
                                                                                                                                                         (lanjutan)
              Biaya transaksi hanya meliputi biaya-biaya                             Transaction costs include only those costs
              yang dapat diatribusikan secara langsung                               that are directly attributable to the                             Perhitungan suku bunga efektif mencakup                            The calculation of the effective interest rate
              untuk perolehan suatu aset keuangan atau                               acquisition of a financial asset or issue of a                    biaya transaksi (Catatan 2f.ii) dan seluruh                        includes transaction costs (Note 2f.ii) and
              penerbitan suatu liabilitas keuangan dan                               financial liability and are incremental costs                     imbalan/provisi dan bentuk lain yang                               all fees and points paid or received that are
              merupakan biaya tambahan yang tidak                                    that would not have been incurred if the                          dibayarkan atau diterima yang merupakan                            an integral part of the effective interest
              akan terjadi apabila instrumen keuangan                                financial instrument had not been acquired                        bagian tak terpisahkan dari suku bunga                             rate.
              tersebut tidak diperoleh atau diterbitkan.                             or issued. In the case of financial assets,                       efektif.
              Untuk aset keuangan, biaya transaksi                                   transaction costs are added to the amount
              ditambahkan pada jumlah yang diakui                                    recognized initially, while for financial                         Aset keuangan dalam kelompok aset                                  Financial assets at fair value through other
              pada awal pengakuan aset, sedangkan                                    liabilities, transaction costs are deducted                       keuangan yang diukur pada nilai wajar                              comprehensive income and financial
              untuk liabilitas keuangan, biaya transaksi                             from the amount of debt recognized                                melalui penghasilan komprehensif lain dan                          assets and financial liabilities at fair value
              dikurangkan dari jumlah utang yang diakui                              initially.                                                        aset keuangan dan liabilitas keuangan                              through profit or loss are measured at fair
              pada awal pengakuan liabilitas.                                                                                                          yang diukur pada nilai wajar melalui laba                          value.
                                                                                                                                                       rugi diukur pada nilai wajarnya.
              Biaya transaksi tersebut diamortisasi                                  Such transactions costs are amortized
              selama umur instrumen berdasarkan                                      over the terms of the instruments based on                        Aset keuangan kelompok biaya perolehan                             Financial assets classified as amortized
              metode suku bunga efektif dan dicatat                                  the effective interest method and are                             diamortisasi dan liabilitas keuangan                               cost and other financial liabilities measured
              sebagai bagian dari pendapatan bunga                                   recorded as part of interest income for                           lainnya diukur pada biaya perolehan                                at amortized cost using the effective
              untuk biaya transaksi sehubungan dengan                                transaction costs related to financial assets                     diamortisasi  dengan       menggunakan                             interest rate method.
              aset keuangan atau sebagai bagian dari                                 or interest expenses for transaction costs                        metode suku bunga efektif.
              beban bunga untuk biaya transaksi                                      related to financial liabilities.
              sehubungan dengan liabilitas keuangan.                                                                                               (iv) Penghentian pengakuan                                        (iv) Derecognition

          (iii) Pengukuran setelah pengakuan awal                              (iii) Subsequent measurement                                            Bank menghentikan pengakuan aset                                   The Bank derecognizes a financial asset
                                                                                                                                                       keuangan pada saat hak kontraktual atas                            when the contractual rights to the cash
              Biaya perolehan diamortisasi dari aset                                 The amortized cost of a financial asset or                        arus kas yang berasal dari aset keuangan                           flows from the financial asset expire, or
              keuangan atau liabilitas keuangan adalah                               liability is the amount at which the financial                    tersebut      kadaluwarsa,    atau    Bank                         when the Bank transfers the contractual
              jumlah aset atau liabilitas keuangan yang                              asset or liability is measured at initial                         mentransfer seluruh hak kontraktual untuk                          rights to receive the cash flows from the
              diukur pada saat pengakuan awal,                                       recognition, minus principal repayments,                          menerima arus kas dari aset keuangan                               financial asset in a transaction in which
              dikurangi pembayaran pokok, ditambah                                   plus or minus the cumulative amortization                         dalam transaksi dimana Bank secara                                 substantially all the risks and rewards of
              atau dikurangi dengan amortisasi kumulatif                             using the effective interest method of any                        substansial telah mentransfer seluruh                              ownership of the financial asset are
              dengan menggunakan metode suku bunga                                   difference between the initial amount                             risiko dan manfaat atas kepemilikan aset                           transferred. Any interest in the transferred
              efektif yang dihitung dari selisih antara nilai                        recognized and the maturity amount,                               keuangan yang ditransfer. Setiap hak atau                          financial assets that is created or retained
              awal dan nilai jatuh temponya, dan                                     minus any allowance for impairment                                liabilitas atas aset keuangan yang                                 by the Bank is recognized as a separate
              dikurangi cadangan kerugian penurunan                                  losses.                                                           ditransfer yang timbul atau yang masih                             asset or liability.
              nilai.                                                                                                                                   dimiliki oleh Bank diakui sebagai aset atau
                                                                                                                                                       liabilitas secara terpisah.
              Tingkat suku bunga efektif adalah suku                                 The effective interest rate is the rate that
              bunga yang secara tepat mendiskontokan                                 exactly discounts the estimated future cash                       Dalam transaksi dimana Bank secara                                 In transactions in which the Bank neither
              estimasi arus kas di masa datang selama                                flows through the expected life of the                            substansial tidak memiliki atau tidak                              retains nor transfers substantially all the
              perkiraan umur dari aset keuangan atau                                 financial asset or financial liability (or,                       mentransfer seluruh risiko dan manfaat                             risks and rewards of ownership of a
              liabilitas keuangan (atau jika lebih tepat,                            where appropriate, a shorter period) to the                       atas kepemilikan aset keuangan, Bank                               financial asset, the Bank derecognizes the
              digunakan periode yang lebih singkat)                                  net carrying amount at initial recognition.                       menghentikan pengakuan aset tersebut                               asset if the Bank does not retain control
              untuk memperoleh nilai tercatat bersih                                 When calculating the effective interest rate,                     jika Bank tidak lagi memiliki pengendalian                         over the asset. The rights and obligations
              pada saat pengakuan awal. Pada saat                                    the Bank estimates future cash flows                              atas aset tersebut. Hak dan kewajiban                              retained in the transfer are recognized
              menghitung tingkat suku bunga efektif,                                 considering all contractual terms of the                          yang timbul atau yang masih dimiliki dalam                         separately as assets or liabilities as
              Bank mengestimasi arus kas di masa                                     financial instrument, but does not consider                       transfer tersebut diakui secara terpisah                           appropriate. In transfers in which control
              mendatang dengan mempertimbangkan                                      any future credit losses.                                         sebagai aset atau liabilitas. Dalam transfer                       over the asset is retained, the Bank
              seluruh persyaratan kontraktual dalam                                                                                                    dimana pengendalian atas aset masih                                continues to recognize the asset to the
              instrumen keuangan tersebut, namun tidak                                                                                                 dimiliki, Bank tetap mengakui aset yang                            extent of its continuing involvement,
              mempertimbangkan kerugian kredit di                                                                                                      ditransfer tersebut sebesar keterlibatan                           determined by the extent to which it is
              masa mendatang.                                                                                                                          berkelanjutan,        dimana         tingkat                       exposed to changes in the value of the
                                                                                                                                                       keberlanjutan Bank dalam aset yang                                 transferred asset.
                                                                                                                                                       ditransfer adalah sebesar perubahan nilai
                                                                                                                                                       aset yang ditransfer.
                                                                23                                                                                                                                    24
Page 163
                                                                       The original financial statements included herein are in the                                                                           The original financial statements included herein are in the
                                                                                                             Indonesian language.                                                                                                                   Indonesian language.

          PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                   (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                         unless otherwise stated)                                             kecuali dinyatakan lain)                                          unless otherwise stated)


2.   Ikhtisar Kebijakan Akuntansi yang Material                   2.   Summary of          Material     Accounting       Policies     2.   Ikhtisar Kebijakan Akuntansi yang Material                    2.   Summary of          Material     Accounting       Policies
     (lanjutan)                                                        (continued)                                                         (lanjutan)                                                         (continued)

     f.   Aset dan Liabilitas Keuangan (lanjutan)                      f.   Financial Assets and Liabilities (continued)                   f.   Aset dan Liabilitas Keuangan (lanjutan)                       f.   Financial Assets and Liabilities (continued)

          (iv) Penghentian pengakuan (lanjutan)                             (iv) Derecognition (continued)                                      (vi) Reklasifikasi aset keuangan                                   (vi) Reclassification of financial assets

              Bank menghapusbukukan saldo aset                                    The Bank writes off a financial asset                             Reklasifikasi aset keuangan dari klasifikasi                         Reclassifications of financial assets from
              keuangan beserta cadangan kerugian                                  balance and any related allowance for                             biaya perolehan yang diamortisasi ke                                 amortized cost classifications to fair value
              penurunan nilai terkait, pada saat Bank                             impairment losses, when the Bank                                  klasifikasi nilai wajar melalui penghasilan                          classifications       through          other
              menentukan bahwa aset keuangan                                      determines that the financial assets are                          komprehensif lain dicatat sebesar nilai                              comprehensive are recorded at their fair
              tersebut tidak dapat ditagih. Keputusan ini                         uncollectible. This determination is made                         wajarnya.                                                            values.
              diambil     setelah     mempertimbangkan                            after considering information such as the
              informasi     seperti    telah   terjadinya                         occurrence of significant changes in the                          Reklasifikasi aset keuangan dari klasifikasi                        Reclassification of financial assets from fair
              perubahan      signifikan    pada     posisi                        financial position of the borrowers such                          nilai    wajar      melalui       penghasilan                       value     classification    through      other
              keuangan debitur sehingga debitur                                   that the borrowers can no longer pay the                          komprehensif lain ke klasifikasi nilai wajar                        comprehensive income to fair value
              tersebut tidak lagi dapat melunasi                                  obligation, or that proceeds from collateral                      melalui laba rugi dicatat pada nilai wajar.                         classification through profit or loss is
              kewajibannya, atau hasil penjualan agunan                           will not be sufficient to repay back the                          Keuntungan atau kerugian yang belum                                 recorded at fair value. Unrealized gains or
              tidak akan cukup untuk melunasi seluruh                             entire exposure. Recoveries of written-off                        direalisasi direklasifikasi ke laba rugi.                           losses are reclassified to profit or loss.
              eksposur. Penerimaan kembali atas aset                              financial assets from previous years are
              keuangan yang telah dihapusbukukan                                  recorded as operational income other than                         Reklasifikasi aset keuangan dari klasifikasi                        Reclassification of financial assets from fair
              pada tahun sebelumnya dicatat sebagai                               interest income.                                                  nilai     wajar     melalui   penghasilan                           value     classifications   through     other
              pendapatan         operasional        selain                                                                                          komprehensif lain ke klasifikasi biaya                              comprehensive income to the amortized
              pendapatan bunga.                                                                                                                     perolehan yang diamortisasi dicatat pada                            cost classification is recorded at carrying
                                                                                                                                                    nilai tercatat. Keuntungan atau kerugian                            value. Unrealized gains or losses is
              Bank menghentikan pengakuan liabilitas                              The Bank derecognizes a financial liability                       yang belum direalisasi dihapus dari ekuitas                         removed from equity and adjusted agains
              keuangan pada saat liabilitas yang                                  when its contractual obligations are                              dan disesuaikan terhadap nilai wajar.                               the fair value.
              ditetapkan dalam kontrak dilepaskan,                                discharged, cancelled or expired.
              dibatalkan atau kadaluwarsa.                                                                                                          Reklasifikasi aset keuangan dari klasifikasi                         Reclassifications on financial assets from
                                                                                                                                                    nilai wajar melalui laba rugi ke klasifikasi                         fair value classification through profit or
          (v) Saling hapus                                                  (v) Offsetting                                                          nilai    wajar      melalui    penghasilan                           loss to fair value classification through
                                                                                                                                                    komprehensif lain dicatat pada wajar.                                other comprehensive income are recorded
              Aset keuangan dan liabilitas keuangan                               Financial assets and financial liabilities are                                                                                         at fair value.
              dapat saling hapus dan nilai bersihnya                              offset and the net amount is presented in
              disajikan dalam laporan posisi keuangan                             the statement of financial position when,                         Reklasifikasi aset keuangan dari klasifikasi                        Reclassification of financial assets from fair
              jika, dan hanya jika Bank memiliki hak yang                         and only when, the Bank has a legal                               nilai wajar melalui laba rugi ke klasifikasi                        value classification through profit or loss to
              berkekuatan hukum untuk melakukan                                   enforceable right to offset the amounts and                       biaya perolehan yang diamortisasi dicatat                           amortized cost classification is recorded at
              saling hapus atas jumlah yang telah diakui                          intends either to settle on a net basis or                        pada wajar.                                                         fair value.
              tersebut dan berniat untuk menyelesaikan                            realize the asset and settle the liability
              secara neto atau untuk merealisasikan                               simultaneously.                                          g.   Giro pada Bank Indonesia dan Bank Lain                        g.   Current Accounts with Bank Indonesia and
              aset dan menyelesaikan liabilitasnya                                                                                                                                                                 Other Banks
              secara simultan.
                                                                                                                                                Giro pada Bank Indonesia dan bank lain                             The current accounts with Bank Indonesia and
              Pendapatan dan beban disajikan dalam                               Income and expenses are presented on a                         diklasifikasikan sebagai biaya perolehan yang                      other banks are classified as amortized cost
              jumlah bersih hanya jika diperkenankan                             net basis only when permitted by                               diamortisasi dan dinyatakan sebesar biaya                          and stated at amortized cost using the effective
              oleh standar akuntansi.                                            accounting standards.                                          perolehan diamortisasi menggunakan metode                          interest rate method.
                                                                                                                                                suku bunga efektif.
          (vi) Reklasifikasi aset keuangan                                  (vi) Reclassification of financial assets
                                                                                                                                           h.   Penempatan pada Bank Indonesia dan Bank                       h.   Placements with Bank Indonesia and Other
              Bank mereklasifikasi aset keuangan jiika                           The Bank reclassifies financial assets if                      Lain                                                               Banks
              dan hanya jika, model bisnis untuk                                 and only if, the business model for
              pengelolaan aset keuangan berubah.                                 managing financial assets changes.                             Penempatan pada Bank Indonesia dan bank                            The placements with Bank Indonesia and other
                                                                                                                                                lain diklasifikasikan sebagai biaya perolehan                      banks are classified as amortized cost which
              Reklasifikasi aset keuangan dari klasifikasi                       Reclassifications of financial assets from                     yang diamortisasi yang dinyatakan sebesar                          are stated at amortized cost using the effective
              biaya perolehan yang diamortisasi ke                               amortized cost classifications to fair value                   biaya perolehan diamortisasi menggunakan                           interest rate method.
              klasifikasi nilai wajar melalui laba rugi                          through profit or loss are recorded at fair                    metode suku bunga efektif.
              dicatat sebesar nilai wajarnya. Selisih                            value. The difference between the
              antara nilai tercatat dengan nilai wajar                           recorded value and fair value is recognized
              diakui sebagai keuntungan atau kerugian                            in profit or loss on the statement of profit or
              pada laba rugi.                                                    loss and other comprehensive income.


                                                             25                                                                                                                                     26
Page 164
                                                                       The original financial statements included herein are in the                                                                           The original financial statements included herein are in the
                                                                                                             Indonesian language.                                                                                                                   Indonesian language.

          PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                   (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                         unless otherwise stated)                                             kecuali dinyatakan lain)                                          unless otherwise stated)


2.   Ikhtisar Kebijakan Akuntansi yang Material                   2.   Summary of          Material     Accounting       Policies     2.   Ikhtisar Kebijakan Akuntansi yang Material                    2.   Summary of          Material     Accounting       Policies
     (lanjutan)                                                        (continued)                                                         (lanjutan)                                                         (continued)

     i.   Tagihan dan Liabilitas Derivatif                             i.   Derivative Receivables and Payables                            k.   Efek-Efek yang Dibeli/Dijual dengan Janji                     k.   Securities          Purchased/Sold     under
                                                                                                                                                Dijual/Dibeli Kembali (lanjutan)                                   Agreements           to    Resell/Repurchase
          Tagihan dan liabilitas derivatif untuk tujuan                     Derivative receivables and payables held for                                                                                           (continued)
          diperdagangkan pada saat pengukuran awal                          trading    are    initially   recognized     and
          dan setelah pengakuan awal diakui dan diukur                      subsequently measured at fair value in the                          Efek-efek yang dijual dengan janji untuk dibeli                    Securities sold under agreements to
          pada nilai wajar di laporan posisi keuangan,                      statement of financial position, with transaction                   kembali disajikan sebagai liabilitas dalam                         repurchase are presented as liabilities in the
          dengan biaya transaksi yang terjadi diakui                        costs recognized directly in profit or loss.                        laporan posisi keuangan sebesar jumlah                             statement of financial position, at the
          langsung pada laba rugi.                                                                                                              pembelian kembali, dikurangi dengan bunga                          repurchase price, net of unamortized prepaid
                                                                                                                                                dibayar di muka yang belum diamortisasi.                           interest. The difference between the selling
          Perubahan nilai wajar pada tagihan dan                            Changes in fair value of derivative receivables                     Selisih antara harga jual dan harga beli kembali                   price and the repurchase price is treated as
          liabilitas derivatif untuk tujuan diperdagangkan                  and payables held for trading are recognized as                     diperlakukan sebagai bunga dibayar di muka                         prepaid interest and recognized as interest
          diakui sebagai pendapatan bersih instrumen                        net trading income in profit or loss. Gain or                       dan diakui sebagai beban bunga selama jangka                       expense over the period starting from when
          yang diperdagangkan dalam laba rugi.                              losses which are realized are recognized in                         waktu sejak efek-efek tersebut dijual hingga                       those securities are sold until they are
          Keuntungan atau kerugian yang direalisasi                         profit or loss.                                                     dibeli kembali menggunakan metode suku                             repurchased using effective interest rate
          diakui pada laba rugi.                                                                                                                bunga efektif.                                                     method.

     j.   Tagihan dan Liabilitas Akseptasi                             j.   Acceptance Receivables and Payables                            l.   Kredit yang Diberikan                                         l.   Loans

          Tagihan akseptasi diklasifikasikan sebagai aset                   Acceptance receivables are classified as                            Setelah pengakuan awal, kredit yang diberikan                      Subsequent to initial measurement, loans are
          keuangan dalam kelompok biaya perolehan                           financial assets measured at amortized cost.                        dicatat pada biaya perolehan diamortisasi                          measured at amortized cost using effective
          diamortisasi.                                                                                                                         menggunakan metode suku bunga efektif.                             interest method. Syndicated loans are stated at
                                                                                                                                                Kredit dalam rangka pembiayaan bersama                             amortized cost in accordance with the risk
          Liabilitas akseptasi diklasifikasikan sebagai                     Acceptance liabilities are classified financial                     (kredit sindikasi) dinyatakan sebesar biaya                        borned by the Bank.
          liabilitas keuangan yang diukur dengan biaya                      liabilities measured at amortized cost.                             perolehan diamortisasi sesuai dengan porsi
          perolehan diamortisasi.                                                                                                               risiko yang ditanggung oleh Bank.

     k.   Efek-Efek yang Dibeli/Dijual dengan Janji                    k.   Securities    Purchased/Sold                   under                Kredit yang diberikan adalah penyediaan dana                       Loans represent funds provided or receivables
          Dijual/Dibeli Kembali                                             Agreements to Resell/Repurchase                                     atau tagihan yang dapat disetarakan dengan                         that can be considered as equivalents there of,
                                                                                                                                                itu, berdasarkan persetujuan atau kesepakatan                      based on agreements or financing contracts
          Efek-efek yang dibeli dengan janji untuk dijual                   Securities purchased under agreements to                            pinjam-meminjam dengan debitur yang                                with borrowers, where borrowers are required
          kembali    diklasifikasikan  sebagai     biaya                    resell are classified as amortized cost.                            mewajibkan debitur untuk melunasi utang dan                        to repay their debts with interest after a
          perolehan yang diamortisasi.                                                                                                          bunganya setelah jangka waktu tertentu, dan                        specified period, and expired trade finance
                                                                                                                                                tagihan yang berasal dari fasilitas trade finance                  facilities which have not been utilized should be
          Efek-efek yang dibeli dengan janji untuk dijual                   Securities purchased under agreements to                            yang telah jatuh tempo namun belum                                 settled within 21 days.
          kembali disajikan sebagai aset dalam laporan                      resell are presented as assets in the statement                     digunakan maka harus diselesaikan dalam
          posisi keuangan sebesar jumlah penjualan                          of financial position, at the resale price net of                   waktu 21 hari.
          kembali dikurangi dengan pendapatan bunga                         unamortized interest income and allowance for
          yang belum diamortisasi dan cadangan                              impairment losses. The difference between the                       Kredit yang diberikan diklasifikasikan sebagai                     Loans are classified as amortized cost.
          kerugian penurunan nilai. Selisih antara harga                    purchase price and the resale price is treated                      biaya perolehan yang diamortisasi.
          beli dan harga jual kembali diperlakukan                          as unearned interest income, and recognized
          sebagai pendapatan bunga yang ditangguhkan,                       as income over the period starting from when                        Kredit yang diberikan pada awalnya diukur                          Loans are initially measured at fair value plus
          dan diakui sebagai pendapatan selama periode                      those securities are purchased until they are                       pada nilai wajar ditambah dengan biaya                             transaction costs that are directly attributable
          sejak efek-efek tersebut dibeli hingga dijual                     sold using effective interest rate method.                          transaksi yang dapat diatribusikan secara                          and additional costs to obtain financial assets,
          menggunakan suku bunga efektif.                                                                                                       langsung dan biaya tambahan untuk                                  and after initial recognition are measured at
                                                                                                                                                memperoleh aset keuangan tersebut, dan                             amortized cost based on the effective interest
          Efek-efek yang dijual dengan janji untuk dibeli                   Securities sold under agreements to                                 setelah pengakuan awal diukur pada biaya                           rate method less allowance for impairment
          kembali diklasifikasikan sebagai liabilitas                       repurchase are classified as financial liabilities                  perolehan diamortisasi menggunakan metode                          losses.
          keuangan yang diukur dengan biaya perolehan                       measured at amortized cost.                                         suku bunga efektif dikurangi dengan cadangan
          diamortisasi.                                                                                                                         kerugian penurunan nilai.




                                                             27                                                                                                                                     28
Page 165
                                                                       The original financial statements included herein are in the                                                                            The original financial statements included herein are in the
                                                                                                             Indonesian language.                                                                                                                    Indonesian language.

          PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                         unless otherwise stated)                                             kecuali dinyatakan lain)                                           unless otherwise stated)


2.   Ikhtisar Kebijakan Akuntansi yang Material                   2.   Summary of          Material     Accounting       Policies     2.   Ikhtisar Kebijakan Akuntansi yang Material                     2.   Summary of          Material     Accounting       Policies
     (lanjutan)                                                        (continued)                                                         (lanjutan)                                                          (continued)

     l.   Kredit yang Diberikan (lanjutan)                             l.   Loans (continued)                                              n.   Pajak Penghasilan (lanjutan)                                   n.   Income Taxes (continued)

          Restrukturisasi kredit                                            Loan restructuring                                                  Pajak kini merupakan estimasi utang atau                            Current tax is the expected tax payable or
                                                                                                                                                pengembalian pajak yang dihitung atas laba                          refundable on taxable income or loss for the
          Restrukturisasi kredit meliputi modifikasi                        Loan restructuring may involve a modification of                    atau rugi kena pajak untuk tahun yang                               year using tax rates substantively enacted as of
          persyaratan kredit. Bank menyusun ketentuan                       the terms of the loans. The Bank formed                             bersangkutan dengan menggunakan tarif pajak                         the reporting date and includes true-up
          internal mengenai debitur yang berakhir masa                      internal regulation regarding the debtors who                       yang secara substansial telah berlaku pada                          adjustments made to the pervious years’ tax
          restrukturisasinya yaitu debitur yang telah                       ended their restructuring period, namely                            tanggal pelaporan dan termasuk penyesuaian                          provisions either to reconcile them with the
          memenuhi kriteria sebagai berikut:                                debtors who had met the following criteria:                         yang dibuat untuk penyisihan pajak tahun                            income tax reported in annual tax returns, or to
                                                                                                                                                sebelumnya, baik untuk merekonsiliasi pajak                         account for differences arising from tax
          1)   Debitur mampu memenuhi syarat-syarat                         1)   The debtor is able to fulfill the conditions                   penghasilan dengan pajak yang dilaporkan di                         assesments.
               sesuai Perjanjian Kredit Restrukturisasi                          under the Restructuring Credit Agreement                       surat pemberitahuan tahunan, atau untuk
               dengan mempertimbangkan kemampuan                                 by considering the ability of the debtor to                    memperhitungkan perbedaan yang muncul dari
               debitur untuk memenuhi penilaian propsek                          fulfill   the     business       performance                   pemeriksaan pajak.
               usaha,       kinerja   dan     kemampuan                          assessment, performance and ability to
               membayar;                                                         pay;                                                           Utang atau restitusi pajak kini diukur                              Current tax payable or refundable is measured
          2)   Kredit berada pada kualitas kredit lancar                    2)   Credit’s quality is in current (collectibility 1)              menggunakan estimasi terbaik atas jumlah                            using the best estimate of the amount expected
               (kolektibilitas 1) sesuai dengan ketentuan                        in accordance with Bank Indonesia                              yang diperkirakan akan dibayar atau diterima,                       to be paid or received, taking into consideration
               Bank Indonesia; dan                                               regulations; and                                               dengan mempertimbangkan ketidakpastian                              the uncertainty associated with the complexity
          3)   Debitur mampu membayar bunga di atas                         3)   Debtors are able to pay interest above a                       terkait dengan kompleksitas peraturan pajak.                        of tax regulations.
               tingkat bunga tertentu minimal 3 (tiga)                           certain interest rate of at least 3 (three)
               bulan atau periode angsuran berturut-turut.                       months or a period of successive                               Pajak tangguhan diakui atas perbedaan                               Deferred tax is recognized in respect of
                                                                                 installments.                                                  temporer antara nilai tercatat aset dan liabilitas                  temporary differences between the carrying
                                                                                                                                                untuk tujuan pelaporan keuangan dan nilai yang                      amounts of assets and liabilities for financial
     m. Efek-efek                                                      m. Securities                                                            digunakan untuk tujuan perpajakan. Pajak                            reporting purposes and the amounts used for
                                                                                                                                                tangguhan diukur dengan menggunakan tarif                           taxation purposes. Deferred tax is measured at
          Pada saat pengakuan awal, efek-efek dicatat                       At initial recognition, securities are recorded                     pajak yang diharapkan untuk ditetapkan atas                         the tax rates that are expected to be applied to
          sesuai dengan kategorinya yaitu aset keuangan                     according to their category, i.e., amortized cost,                  perbedaan temporer pada saat pembalikan,                            temporary differences when they reverse,
          diklasifikasikan pada biaya perolehan yang                        fair value through other comprehensive income                       berdasarkan peraturan yang telah berlaku atau                       based on the laws that have been enacted or
          diamortisasi, nilai wajar melalui penghasilan                     or at fair value through profit or loss. Refer to                   secara substantif berlaku pada tanggal                              substantively enacted as of the reporting date.
          komprehensif lain atau nilai wajar melalui laba                   Note 2f for the accounting policies of financial                    pelaporan. Metode ini juga mengharuskan                             This method also required the recognition of
          rugi. Lihat Catatan 2f untuk kebijakan akuntansi                  assets and liabilities                                              pengakuan manfaat pajak masa depan, seperti                         future tax benefits, such as tax loss
          atas aset dan liabilitas keuangan.                                                                                                    rugi fiskal yang belum dikompensasi, apabila                        carryforwards, to the extent that realization of
                                                                                                                                                besar kemungkinan manfaat pajak tersebut                            such benefits is probable.
     n.   Pajak Penghasilan                                            n.   Income Taxes                                                        dapat direalisasi.

          Beban pajak penghasilan terdiri dari beban                        Income tax expense comprises current and                            Aset pajak tangguhan ditelaah ulang pada                            Deferred tax assets are reviewed at each
          pajak kini dan beban pajak tangguhan. Beban                       deferred tax. Income tax expense is recognized                      setiap tangal pelaporan dan dikurangkan                             reporting date and are reduced to the extent
          pajak penghasilan diakui pada laba rugi, kecuali                  in profit or loss except to the extent that it                      dengan manfaat pajak sejumlah nilai yang                            that it is no longer probable that the related tax
          untuk komponen yang diakui secara langsung                        relates to items recognized directly in equity or                   besar kemungkinan yang tidak dapat                                  benefit will be realized; such reductions are
          di ekuitas atau di penghasilan komprehensif                       in other comprehensive income.                                      terealisasi; pengurangan tersebut akan dibalik                      reversed when the probability of future taxable
          lain.                                                                                                                                 ketika kemungkinan atas laba kena pajak di                          incomes improves.
                                                                                                                                                masa depan meningkat.

                                                                                                                                                Aset pajak tangguhan yang belum diakui dinilai                      Unrecognized deferred tax assets are
                                                                                                                                                kembali pada setiap tanggal pelaporan dan                           reassessed at each reporting date and
                                                                                                                                                diakui sepanjang kemungkinan besar laba kena                        recognized to the extent that it has become
                                                                                                                                                pajak masa depan akan tersedia untuk                                probable that future taxable incomes will be
                                                                                                                                                digunakan.                                                          available against which they can be used.




                                                             29                                                                                                                                      30
Page 166
                                                                       The original financial statements included herein are in the                                                                          The original financial statements included herein are in the
                                                                                                             Indonesian language.                                                                                                                  Indonesian language.

          PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                         unless otherwise stated)                                             kecuali dinyatakan lain)                                         unless otherwise stated)


2.   Ikhtisar Kebijakan Akuntansi yang Material                   2.   Summary of          Material     Accounting       Policies     2.   Ikhtisar Kebijakan Akuntansi yang Material                   2.   Summary of          Material     Accounting       Policies
     (lanjutan)                                                        (continued)                                                         (lanjutan)                                                        (continued)

     n.   Pajak Penghasilan (lanjutan)                                 n.   Income Taxes (continued)                                       o.   Aset Tetap, Aset Hak Guna dan Liabilitas                     o.   Fixed Assets, Right-of-Use-Assets                 and
                                                                                                                                                Sewa (lanjutan)                                                   Lease Liability (continued)
          Dalam menentukan jumlah pajak kini dan                            In determining the amount of current and
          tangguhan, Bank memperhitungkan dampak                            deferred tax, the Bank takes into account the                       Metode penyusutan, masa manfaat dan nilai                         Depreciation methods, useful lives and residual
          atas posisi pajak yang tidak pasti dan tambahan                   impact of uncertain tax positions and any                           residu aset tetap ditelaah pada setiap tanggal                    values of fixed assets are reassessed at each
          pajak serta penalti.                                              additional taxes and penalties.                                     pelaporan dan disesuaikan jika lebih tepat,                       reporting date and adjusted as appropriate, to
                                                                                                                                                untuk memastikan bahwa metode penyusutan,                         ensure that they reflect the expected economic
          Koreksi atas kewajiban pajak diakui pada saat                     Amendments to tax obligations are recognized                        masa manfaat dan nilai residu tersebut telah                      benefits derived from these assets.
          surat ketetapan pajak diterima, atau apabila                      when an assessment is received, or if objection                     mencerminkan      manfaat      ekonomi   yang
          diajukan keberatan dan atau banding, maka                         and or appeal is applied, when the results of the                   diharapkan dari aset tersebut.
          koreksi diakui pada saat keputusan atas                           objection or the appeal are received.
          keberatan atau banding itu diterima.                                                                                                  Beban      perbaikan    dan      pemeliharaan                     Normal repair and maintenance expenses are
                                                                                                                                                dibebankan pada laba rugi tahun berjalan,                         charged to profit or loss for the year, while
     o.   Aset Tetap, Aset Hak Guna dan Liabilitas                     o.   Fixed Assets,         Right-of-Use-Assets         and               sedangkan renovasi dan penambahan yang                            renovation and improvements, which are
          Sewa                                                              Lease Liability                                                     jumlahnya signifikan dan memperpanjang                            significant and prolong the useful life of assets,
                                                                                                                                                masa manfaat dikapitalisasi ke aset tetap yang                    are capitalized to the respective assets. The
          Aset tetap pada awalnya diakui sebesar biaya                      Fixed assets are initially recognized at cost.                      bersangkutan. Nilai tercatat serta akumulasi                      carrying amount and the related accumulated
          perolehan. Biaya perolehan mencakup harga                         Cost includes its purchase price and any costs                      penyusutan atas aset tetap yang dijual,                           depreciation of fixed assets which are sold are
          pembelian dan semua biaya yang terkait secara                     directly attributable to bringing the asset to the                  dikeluarkan dari kelompok aset tetap yang                         removed from the related group of assets, and
          langsung untuk membawa aset tersebut ke                           location and condition necessary for it to be                       bersangkutan, dan laba atau ruginya diakui                        the gain or loss is recognized as income or
          lokasi dan kondisi yang diinginkan agar aset                      capable of operating in the manner intended by                      sebagai pendapatan atau beban dalam laba                          expense in profit or loss.
          siap digunakan sesuai dengan maksud                               management.                                                         rugi.
          manajemen.
                                                                                                                                                Kebijakan sewa                                                    Leases policy
          Setelah pengukuran awal, aset tetap diukur                        Subsequent to initial measurement, fixed
          dengan model biaya, yaitu dicatat pada biaya                      assets are measured using the cost model, i.e                       Bank mengakui liabilitas sewa, sebagai                            The Bank recognised a lease liability, being the
          perolehan dikurangi akumulasi penyusutan dan                      carried at its cost less any accumulated                            pembayaran sewa yang tersisa termasuk atas                        remaining lease payments including extensions
          akumulasi rugi penurunan nilai.                                   depreciation and accumulated impairment                             opsi perpanjangan dimana perpanjangan                             options where renewal is reasonably certain,
                                                                            losses.                                                             hampir dapat dipastikan, didiskontokan                            discounted using the incremental borrowing
                                                                                                                                                menggunakan        tingkat    bunga     pinjaman                  rate at the date of initial application. Meanwhile,
          Biaya pengurusan hak legal atas tanah ketika                      Costs relating with acquisition of legal titles on                  inkremental pada tanggal penerapan awal.                          rights of use assets include the amount of lease
          tanah diperoleh pertama kali diakui sebagai                       the land rights are recognized as part of                           Sedangkan aset hak guna mencakup jumlah                           liabilities recognized, initial direct costs paid,
          bagian biaya perolehan tanah dan tidak                            acquisition cost of land and not amortized,                         liabilitas sewa yang diakui, biaya langsung awal                  recovery costs and lease payments made on or
          disusutkan, kecuali terdapat bukti yang                           except there is evidence indicating that the                        yang dibayarkan, biaya pemulihan dan                              before the start date of the lease, less rental
          mengindikasikan bahwa perpanjangan atau                           extension or renewal of land rights is probable                     pembayaran sewa yang dilakukan pada atau                          incentives received. Rights of use assets are
          pembaruan     hak    atas   tanah     tersebut                    or certainly not be obtained. While costs of                        sebelum tanggal mulai sewa, dikurangi insentif                    depreciated using the straight-line method over
          kemungkinan besar atau pasti tidak diperoleh.                     extension or renewal of legal titles on the land                    sewa yang diterima. Aset hak guna disusutkan                      the shorter period between the lease term and
          Sedangkan      biaya    perpanjangan      atau                    rights are deferred and recognized as intangible                    dengan metode garis lurus selama jangka                           the estimated useful life of the asset.
          pembaruan hak legal atas tanah diakui sebagai                     assets and amortized using the straight-line                        waktu yang lebih pendek antara masa sewa
          aset    tak   berwujud    dan    diamortisasi                     method over the legal term of the land rights or                    dengan estimasi masa manfaat aset.
          menggunakan metode garis lurus selama                             economic life of the land, whichever is shorter.
          periode yang lebih pendek antara hak atas                                                                                             Beban keuangan dicatat dalam laporan laba                         Finance expense is recorded in the statement
          tanah atau umur ekonomis tanah.                                                                                                       rugi. Aset sewa (disajikan sebagai bagian aset                    of income. Leased assets (presented under
                                                                                                                                                tetap) disusutkan selama jangka waktu yang                        fixed assets) are depreciated over the shorter
          Kecuali tanah yang tidak disusutkan, aset tetap                   Except for land, which is not depreciated, other                    lebih pendek antara umur manfaat aset sewa                        of the estimated useful life of the assets and the
          lainnya disusutkan menggunakan metode garis                       fixed assets are depreciated using straight line                    dan periode masa sewa, jika tidak ada                             lease term, if there is no reasonable certainty
          lurus selama estimasi masa manfaatnya                             method over the estimated useful lives of the                       kepastian yang memadai bahwa Bank akan                            that Bank will obtain ownership by the end of
          sebagai berikut:                                                  assets, as follows:                                                 mendapatkan hak kepemilikan pada akhir masa                       the lease term.
                                                                                                                                                sewa.
                                                      Tahun/Years

          Gedung                                             20                                                        Buildings
          Renovasi dan perbaikan gedung                     3-7                                        Leasehold improvement
          Perlengkapan dan perabot kantor                   4-8                          Office equipment, furniture and fixtures
          Kendaraan bermotor                                  4                                                        Vehicles




                                                            31                                                                                                                                     32
Page 167
                                                                        The original financial statements included herein are in the                                                                            The original financial statements included herein are in the
                                                                                                              Indonesian language.                                                                                                                    Indonesian language.

          PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                   (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                          unless otherwise stated)                                             kecuali dinyatakan lain)                                           unless otherwise stated)


2.   Ikhtisar Kebijakan Akuntansi yang Material                    2.   Summary of          Material     Accounting       Policies     2.   Ikhtisar Kebijakan Akuntansi yang Material                     2.   Summary of          Material     Accounting       Policies
     (lanjutan)                                                         (continued)                                                         (lanjutan)                                                          (continued)

     p.   Aset Takberwujud                                              p.   Intangible Assets                                              r.   Aset lain-lain                                                 r.   Other assets

          Aset takberwujud (perangkat lunak dan lisensi                      Intangible assets (software and software                            Aset lain-lain terdiri dari tagihan atas transaksi                  Other assets include receivables from
          penggunaan perangkat lunak) dicatat sebesar                        license) are stated at cost less accumulated                        agunan yang diambil alih, piutang lain-lain,                        foreclosed asset transactions, other receivable,
          biaya perolehan dikurangi akumulasi amortisasi                     amortization and accumulated impairment                             akrual bunga, setoran jaminan dan lain-lain.                        accruals interest, security deposits and others.
          dan akumulasi rugi penurunan nilai aset.                           losses. Subsequent expenditure on intangible
          Pengeluaran selanjutnya yang jumlahnya                             assets, which is significant, is capitalized only              s.   Identifikasi dan       Pengukuran      Kerugian                s.   Identification and             Measurement          of
          signifikan akan dikapitalisasi hanya jika                          when it increases the future economic benefits                      Penurunan Nilai                                                     Impairment Losses
          pengeluaran tersebut menambah manfaat                              embodied in the specific asset to which it
          ekonomis aset yang bersangkutan di masa                            relates. All other expenditures are expensed as                     Aset keuangan                                                       Financial assets
          mendatang. Pengeluaran lainnya dibebankan                          incurred. Amortization is recognized in profit or
          pada saat terjadinya. Amortisasi diakui pada                       loss over the estimated useful lives of 8 years                     Bank mengakui penyisihan kerugian kredit                            Bank recognize the allowance for expected
          laba rugi selama estimasi masa manfaat                             using straight line method.                                         diekspektasikan pada instrumen keuangan                             credit losses on financial instruments that are
          8 tahun dengan menggunakan metode garis                                                                                                yang tidak diukur pada nilai wajar melalui laba                     not measured at fair value through profit or loss.
          lurus.                                                                                                                                 rugi.

          Metode amortisasi, masa manfaat dan nilai                          Amortization method, useful lives and residual                      Tidak ada penyisihan kerugian kredit                                There is no allowance for expected credit
          residu ditelaah pada setiap tanggal pelaporan                      values are reviewed at each reporting date and                      ekspektasian pada investasi instrumen ekuitas.                      losses on investment in equity instruments.
          dan disesuaikan jika lebih tepat, untuk                            adjusted as appropriate, to ensure that they
          memastikan bahwa metode penyusutan, masa                           reflect the expected economic benefits derived                      Bank mengukur cadangan kerugian sejumlah                            The Bank measure the allowance for losses for
          manfaat dan nilai residu tersebut telah                            from these assets.                                                  kerugian kredit ekspektasian sepanjang                              the lifetime of an expected credit losses, except
          mencerminkan      manfaat      ekonomi   yang                                                                                          umurnya, kecuali untuk hal berikut, diukur                          for the following, which are measured according
          diharapkan dari aset tersebut.                                                                                                         sejumlah  kerugian    kredit ekspektasian                           to 12-month expected credit losses:
                                                                                                                                                 12 bulan:
     q.   Agunan yang Diambil Alih                                      q.   Foreclosed Assets
                                                                                                                                                 i.    Instrumen utang yang memiliki risiko kredit                   i.    Debt instruments that have low credit risk
          Pada saat pengakuan awal, agunan yang                              Foreclosed assets acquired in conjunction with                            rendah pada tanggal pelaporan; dan                                  at the reporting date; and
          diambil alih sehubungan dengan penyelesaian                        settlement of loans are initially recorded at their                 ii.   Instrumen keuangan lainnya yang risiko                        ii.   Other financial instruments for which credit
          kredit dicatat sebesar nilai wajar setelah                         fair value less costs to sell but not to exceed the                       kreditnya tidak meningkat secara signifikan                         risk has not increased significantly since
          dikurangi biaya untuk menjualnya tetapi tidak                      carrying value of loans. The Bank does not                                sejak pengakuan awal.                                               initial recognition.
          melebihi nilai tercatat kredit yang diberikan.                     recognize any gains when the Bank foreclosed
          Bank tidak mengakui keuntungan pada saat                           an asset. Subsequent to initial recognition,                        Bank menganggap instrumen utang memiliki                            The Bank considers debt instruments to have
          pengambilalihan aset. Setelah pengakuan                            foreclosed assets are recorded at carrying                          risiko kredit yang rendah ketika peringkat risiko                   low credit risk when the credit risk rating is at
          awal, agunan yang diambil alih dicatat sebesar                     amount or at fair value less costs to sell,                         kreditnya setara dengan definisi investment                         par with the globally understood definition of
          nilai yang lebih rendah antara nilai tercatat                      whichever is lower. The excess between the                          grade yang dipahami secara global.                                  investment grade.
          dengan nilai wajar setelah dikurangi biaya untuk                   carrying value and fair value less costs to sell is
          menjualnya. Selisih lebih antara nilai tercatat                    recognized as impairment losses in profit or                        Kerugian kredit ekspektasian 12 bulan adalah                        The 12-month expected credit loss is part of the
          dengan nilai wajar agunan yang diambil alih                        loss.                                                               bagian dari kerugian kredit ekspektasian                            expected credit loss throughout its lifetime that
          setelah dikurangi biaya untuk menjualnya diakui                                                                                        sepanjang umurnya yang merepresentasikan                            represents an expected credit loss arising from
          sebagai kerugian penurunan nilai dalam laba                                                                                            kerugian kredit ekspektasian yang timbul dari                       a default on financial instruments that might
          rugi.                                                                                                                                  peristiwa gagal bayar instrumen keuangan yang                       occur within 12 months after reporting date.
                                                                                                                                                 mungkin terjadi dalam 12 bulan setelah tanggal
          Agunan yang diambil alih tidak disusutkan dan                      Foreclosed assets are not depreciated and                           pelaporan.
          beban-beban sehubungan dengan perolehan                            expenses in relation with the acquisition and
          dan pemeliharaan aset tersebut dibebankan                          maintenance of those assets are charged to
          pada laba rugi pada saat terjadinya.                               profit or loss as incurred.

          Selisih antara nilai tercatat dan hasil penjualan                  The difference between the carrying value and
          dari agunan yang diambil alih diakui sebagai                       the proceeds from the sale of foreclosed assets
          laba atau rugi pada saat penjualan agunan                          is recognized as gain or loss at the time of sale
          yang diambil alih, dan diakui sebagai                              and recognized as income or expense in profit
          pendapatan atau beban pada laba rugi.                              or loss.

          Manajemen melakukan evaluasi atas nilai                            Management evaluates the value of foreclosed
          agunan yang diambil alih secara berkala.                           assets on a periodic basis.




                                                              33                                                                                                                                      34
Page 168
                                                                            The original financial statements included herein are in the                                                                          The original financial statements included herein are in the
                                                                                                                  Indonesian language.                                                                                                                  Indonesian language.

          PT BANK QNB INDONESIA TBK                                              PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                      for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                       (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                              unless otherwise stated)                                             kecuali dinyatakan lain)                                         unless otherwise stated)


2.   Ikhtisar Kebijakan Akuntansi yang Material                        2.   Summary of          Material     Accounting       Policies     2.   Ikhtisar Kebijakan Akuntansi yang Material                   2.   Summary of          Material     Accounting       Policies
     (lanjutan)                                                             (continued)                                                         (lanjutan)                                                        (continued)

     s.   Identifikasi dan Pengukuran               Kerugian                s.   Identification and     Measurement                  of         s.   Identifikasi dan Pengukuran           Kerugian               s.   Identification and     Measurement                  of
          Penurunan Nilai (lanjutan)                                             Impairment Losses (continued)                                       Penurunan Nilai (lanjutan)                                        Impairment Losses (continued)

          Pengukuran Kerugian Kredit Ekspektasian                                Measurement of Expected Credit Losses                               Aset Keuangan         yang    Direstrukturisasi                   Restructured Financial Assets (continued)
                                                                                                                                                     (lanjutan)
          Kerugian Kredit Ekspektasian adalah estimasi                           Expected Credit Loss is an estimate of the
          probabilitas tertimbang dari kerugian kredit                           weighted probability of a credit loss measured                      Jika ketentuan aset keuangan dinegosiasikan                       If the terms of the financial assets are
          yang diukur sebagai berikut:                                           as follows:                                                         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 due
          i.     aset keuangan yang tidak memburuk pada                          i.   financial assets that do not deteriorate at                    kesulitan keuangan peminjam, maka dilakukan                       to the borrower’s financial difficulties, an
                 tanggal      pelaporan,     kerugian    kredit                       the reporting date, the expected credit loss                   penilaian apakah aset keuangan yang ada                           assessment is made whether recognition of
                 ekspektasian diukur sebesar selisih antara                           is measured at the difference between the                      harus dihentikan pengakuannya dan kerugian                        existing financial assets must be derecognized
                 nilai kini dari seluruh kekurangan kas (yaitu                        present value of all cash shortages (i.e. the                  kredit ekspektasian diukur sebagai berikut:                       and expected credit losses measured as
                 selisih antara arus kas yang terutang                                difference between the cash flows owed to                      (lanjutan)                                                        follows: (continued)
                 kepada Bank sesuai dengan kontrak dan                                the Bank in accordance with the contract
                 arus kas yang diperkirakan akan diterima                             and the cash flows expected to be received                     ii.   Jika restrukturisasi akan menghasilkan                      ii.   If the restructuring will result in a
                 oleh Bank);                                                          by the Bank);                                                        penghentian pengakuan aset yang ada,                               derecognition of the existing assets, the
          ii.    aset keuangan yang memburuk pada                                ii. financial assets that deteriorate at the                              maka nilai wajar aset baru diperlakukan                            fair value of the new asset is treated as the
                 tanggal      pelaporan,     kerugian    kredit                       reporting date, the expected credit loss is                          sebagai arus kas akhir dari aset keuangan                          final cash flow of the existing financial
                 ekspektasian diukur sebesar selisih antara                           measured at the difference between the                               yang ada pada saat penghentian                                     assets at the time of derecognition. This
                 jumlah tercatat bruto dan nilai kini arus kas                        gross carrying amount and the present                                pengakuannya. Jumlah ini dimasukkan                                amount is included in the calculation of
                 masa depan yang diestimasi;                                          value of estimated future cash flows;                                dalam perhitungan kekurangan kas dari                              cash shortages from existing financial
          iii.   komitmen pinjaman yang belum ditarik,                           iii. for undisbursed loan commitments,                                    aset    keuangan     yang     ada     yang                         assets which are discounted from the date
                 kerugian kredit ekspektasian diukur                                  expected credit losses are measured at the                           didiskontokan dari tanggal penghentian                             of derecognition to the reporting date using
                 sebesar selisih antara nilai kini jumlah arus                        difference between the present value of the                          pengakuan     ke     tanggal     pelaporan                         the initial effective interest rate of the
                 kas jika komitmen ditarik dan arus kas yang                          amount of cash flow if the commitments is                            menggunakan suku bunga efektif awal dari                           existing financial assets.
                 diperkirakan akan diterima oleh Bank;                                withdrawn and the cash flow expected to                              aset keuangan yang ada.
                                                                                      be received by the Bank;
          iv.    kontrak jaminan keuangan, kerugian kredit                       iv. for financial guarantee contracts, expected                     Aset Keuangan yang Dibeli atau yang                               Purchased or Originated Credit Impaired
                 ekspektasian diukur sebesar selisih antara                           credit losses are measured at the                              Berasal dari Aset Keuangan Memburuk                               Financial Assets - POCI
                 pembayaran yang diperkirakan untuk                                   difference    between      the    estimated
                 mengganti pemegang atas kerugian kredit                              payments to replace the holder for the                         Aset keuangan dikategorikan sebagai POCI                          Financial assets are catergorized as POCI if
                 yang terjadi dikurangi jumlah yang                                   credit losses incurred less the amount                         apabila terdapat bukti objektif penurunan nilai                   there is objective evidence of impairment at
                 diperkirakan dapat dipulihkan.                                       estimated to be recoverable.                                   pada saat pengakuan awal. Pada saat                               initial recognition. At initial recognition, no
                                                                                                                                                     pengakuan awal, tidak ada penyisihan kerugian                     allowance for credit losses is recognized
          Aset Keuangan yang Direstrukturisasi                                   Restructured Financial Assets                                       kredit yang diakui karena harga pembelian atau                    because the purchase price or value has
                                                                                                                                                     nilainya telah termasuk estimasi kerugian kredit                  included lifetime estimated credit losses.
          Jika ketentuan aset keuangan dinegosiasikan                            If the terms of the financial assets are                            sepanjang umurnya. Selanjutnya, perubahan                         Furthermore, changes in lifetime credit losses,
          ulang atau dimodifikasi atau aset keuangan                             renegotiated or modified or the existing                            kerugian kredit sepanjang umurnya, apakah                         whether positive or negative, are recognized in
          yang ada diganti dengan yang baru karena                               financial assets are replaced with new ones due                     positif atau negatif, diakui dalam laporan laba                   the statement of profit or loss as part of the
          kesulitan keuangan peminjam, maka dilakukan                            to the borrower’s financial difficulties, an                        rugi sebagai bagian dari cadangan kerugian                        allowance for impairment losses.
          penilaian apakah aset keuangan yang ada                                assessment is made whether recognition of                           penurunan nilai.
          harus dihentikan pengakuannya dan kerugian                             existing financial assets must be derecognized
          kredit ekspektasian diukur sebagai berikut:                            and expected credit losses measured as
                                                                                 follows:

          i.     Jika restrukturisasi tidak mengakibatkan                        i.    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 yang                             shortages of existing assets.
                 ada.




                                                                  35                                                                                                                                    36
Page 169
                                                                          The original financial statements included herein are in the                                                                            The original financial statements included herein are in the
                                                                                                                Indonesian language.                                                                                                                    Indonesian language.

          PT BANK QNB INDONESIA TBK                                            PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                            unless otherwise stated)                                             kecuali dinyatakan lain)                                           unless otherwise stated)


2.   Ikhtisar Kebijakan Akuntansi yang Material                      2.   Summary of          Material     Accounting       Policies     2.   Ikhtisar Kebijakan Akuntansi yang Material                     2.   Summary of          Material     Accounting       Policies
     (lanjutan)                                                           (continued)                                                         (lanjutan)                                                          (continued)

     s.   Identifikasi dan Pengukuran             Kerugian                s.   Identification and     Measurement                  of         s.   Identifikasi dan Pengukuran            Kerugian                s.   Identification and     Measurement                  of
          Penurunan Nilai (lanjutan)                                           Impairment Losses (continued)                                       Penurunan Nilai (lanjutan)                                          Impairment Losses (continued)

          Penyajian Penyisihan          Kerugian     Kredit                    Presentation of Allowance for Expected                              Aset non-keuangan                                                   Non-financial assets
          Ekspektasian dalam            Laporan      Posisi                    Credit Losses in Statements of Financial
          Keuangan                                                             Position                                                            Nilai tercatat aset non-keuangan, selain aset                       The carrying amount of the Bank's non-financial
                                                                                                                                                   pajak tangguhan, ditelaah pada setiap tanggal                       assets, other than deferred tax assets, are
          Penyisihan kerugian kredit ekspektasian                              Allowance for expected credit losses is                             pelaporan untuk menentukan ada tidaknya                             reviewed at each reporting date to determine
          disajikan dalam laporan posisi keuangan                              presented in the statement of financial positions                   indikasi penurunan nilai. Jika terdapat indikasi                    whether there is any indication of impairment. If
          sebagai berikut:                                                     as follows:                                                         adanya penurunan nilai tersebut, maka nilai                         any such indication exists, then the asset's
                                                                                                                                                   terpulihkan     aset    diestimasi.     Kerugian                    recoverable amount is estimated. An
          i.     Aset keuangan yang diukur pada biaya                          i.     Financial assets measured at amortized                       penurunan nilai diakui jika nilai tercatat suatu                    impairment loss is recognized if the carrying
                 perolehan     diamortisasi,    penyisihan                            cost, allowance for expected credit losses                   aset melebihi estimasi nilai terpulihkannya. Nilai                  amount of an asset exceeds its estimated
                 kerugian kredit ekspektasian disajikan                               is presented as a deduction from the gross                   terpulihkan suatu aset adalah nilai yang                            recoverable amount. The recoverable amount
                 sebagai pengurang dari jumlah tercatat                               carrying amount of the asset;                                terbesar antara nilai pakai aset dan nilai wajar                    of an asset is the greater of its value in use and
                 bruto aset;                                                                                                                       dikurangi biaya penjualan. Dalam penentuan                          its fair value less cost to sell. In assessing value
          ii.    Komitmen pinjaman dan kontrak jaminan                         ii.    Loan      commitments      and     financial                 nilai pakai aset, estimasi arus kas masa depan                      in use, the estimated future cash flows are
                 keuangan, penyisihan kerugian kredit                                 guarantee contracts, allowance for                           didiskontokan menggunakan tingkat diskonto                          discounted to their present value using a pretax
                 ekspektasian disajikan sebagai provisi;                              expected credit losses is presented as a                     sebelum pajak yang menggambarkan penilaian                          discount rate that reflects current market
                                                                                      provision;                                                   pasar kini atas nilai waktu dari uang dan risiko                    assessments of the time value of money and
          iii.   Instrumen utang yang diukur pada nilai                        iii.   Debt instruments measured at fair value                      yang terkait dengan aset yang bersangkutan.                         the risks specific to the asset.
                 wajar melalui penghasilan komprehensif                               through other comprehensive income,
                 lain,   penyisihan     kerugian     kredit                           allowance for expected credit losses are                     Untuk tujuan pengujian penurunan nilai, aset                        For the purpose of impairment testing, assets
                 ekspektasian tidak diakui dalam laporan                              not recognized in the statement of financial                 yang tidak dapat diuji secara individual dapat                      that cannot be tested individually are grouped
                 posisi keuangan karena jumlah tercatat                               position because the carrying amounts of                     digabungkan ke dalam kelompok aset terkecil                         together into the smallest group of assets that
                 dari aset-aset ini adalah nilai wajarnya.                            these assets are at their fair values.                       yang menghasilkan arus kas masuk dari                               generates cash inflows from continuing use that
                 Namun demikian penyisihan kerugian                                   However, allowance for expected credit                       penggunaan        berkesinambungan        yang                      are largely independent of the cash inflows of
                 kredit ekspektasian diungkapkan dan                                  losses is disclosed and recognized in other                  sebagian besar independen dari arus kas                             other assets.
                 diakui dalam penghasilan komprehensif                                comprehensive income.                                        masuk dari aset lainnya.
                 lain.
                                                                                                                                                   Kerugian penurunan nilai atas aset non-                             Impairment losses in respect of non-financial
          Penerimaan Kembali atas Aset Keuangan                                Recoveries of Written-off Financial Assets                          keuangan     yang    diakui  pada     periode                       assets recognized in prior periods are assessed
          yang Telah Dihapusbukukan                                                                                                                sebelumnya ditelaah pada setiap tanggal                             at each reporting date for any indications that
                                                                                                                                                   pelaporan untuk menilai apakah terdapat                             the loss has decreased or no longer exists. An
          Ketika kredit yang diberikan tidak tertagih, kredit                  When a loan is uncollectible, it is written off                     indikasi bahwa rugi penurunan nilai yang telah                      impairment loss is reversed if there has been a
          yang diberikan tersebut dihapusbuku dengan                           against the related allowance for impairment                        diakui sebelumnya telah menurun atau tidak                          change in the estimates used to determine the
          menjurnal balik cadangan kerugian penurunan                          loss. Such loans are written off after all the                      ada lagi. Kerugian penurunan nilai dibalik jika                     recoverable amount. An impairment loss is
          nilai. Kredit yang diberikan tersebut dapat                          necessary procedures have been completed                            terdapat perubahan estimasi yang digunakan                          reversed only to the extent that the asset's
          dihapus buku setelah semua prosedur yang                             and the amount of the loss has been                                 untuk menentukan nilai terpulihkan. Jumlah                          carrying amount does not exceed the carrying
          diperlukan telah dilakukan dan jumlah kerugian                       determined.                                                         kerugian penurunan nilai yang dibalik tidak                         amount that would have been determined, net
          telah ditentukan.                                                                                                                        boleh menyebabkan nilai aset melebihi nilai                         of depreciation or amortization, if no impairment
                                                                                                                                                   tercatat neto setelah penyusutan atau                               loss had been recognized.
          Penerimaan kembali atas aset keuangan yang                           The recoveries of written-off financial assets in                   amortisasi, seandainya tidak ada kerugian
          telah dihapusbukukan pada tahun berjalan                             the current year are credited by adjusting the                      penurunan nilai yang diakui.
          dikreditkan dengan menyesuaikan akun                                 allowance for impairment losses accounts.
          cadangan      kerugian   penurunan      nilai.                       Recoveries of written-off financial assets from                t.   Simpanan dari Nasabah dan Bank Lain                            t.   Deposits from Customers and Other Banks
          Penerimaan kembali atas aset keuangan yang                           previous years are recorded as operational
          telah dihapusbukukan pada tahun sebelumnya                           income other than interest income.                                  Simpanan pada awalnya diukur pada nilai wajar                       Deposits are initially measured at fair value less
          dicatat sebagai pendapatan operasional selain                                                                                            dikurangi biaya transaksi yang dapat                                directly attributable transaction costs, and
          pendapatan bunga.                                                                                                                        diatribusikan secara langsung untuk perolehan                       subsequently measured at amortized cost
                                                                                                                                                   simpanan, dan setelah pengakuan awal diukur                         using the effective interest method.
                                                                                                                                                   pada       biaya    perolehan     diamortisasi
                                                                                                                                                   menggunakan metode suku bunga efektif.




                                                                37                                                                                                                                      38
Page 170
                                                                         The original financial statements included herein are in the                                                                          The original financial statements included herein are in the
                                                                                                               Indonesian language.                                                                                                                  Indonesian language.

          PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                           unless otherwise stated)                                             kecuali dinyatakan lain)                                         unless otherwise stated)


2.   Ikhtisar Kebijakan Akuntansi yang Material                     2.   Summary of          Material     Accounting       Policies     2.   Ikhtisar Kebijakan Akuntansi yang Material                   2.   Summary of          Material     Accounting       Policies
     (lanjutan)                                                          (continued)                                                         (lanjutan)                                                        (continued)

     u.   Efek-efek yang Diterbitkan                                     u.   Marketable Securities Issued                                   z.   Pendapatan dan Beban Bunga                                   z.   Interest Income and Expenses

          Efek-efek yang diterbitkan pada pengukuran                          Marketable securities issued are initially                          Pendapatan dan beban bunga diakui dalam                           Interest income and expenses are recognized
          awal disajikan sebesar nilai wajar ditambah                         measured at fair value plus directly attributable                   laba rugi menggunakan metode suku bunga                           in profit or loss using the effective interest
          dengan biaya transaksi (jika ada) yang dapat                        transaction costs (if any). Subsequently                            efektif.                                                          method.
          diatribusikan langsung dengan perolehan/                            transaction costs are amortized using the
          penerbitan efek-efek yang diterbitkan. Biaya                        effective interest rate up to the maturity of                       Pendapatan dan beban bunga yang disajikan di                      Interest income and expenses presented in the
          transaksi kemudian diamortisasi dengan suku                         marketable securities. Marketable securities                        dalam laporan laba rugi dan penghasilan                           statement of profit or loss and other
          bunga efektif sampai dengan jatuh tempo dari                        issued are classified as financial liabilities at                   komprehensif lain meliputi:                                       comprehensive income include:
          efek-efek yang diterbitkan.                                         amortized cost.
                                                                                                                                                     Bunga atas aset keuangan dan liabilitas                          Interest on financial assets and liabilities at
     v.   Liabilitas Imbalan Kerja                                       v.   Obligation for Employment Benefits                                      keuangan yang dicatat pada biaya                                  amortized cost calculated using the effective
                                                                                                                                                      perolehan diamortisasi yang dihitung                              interest method; and
          Liabilitas imbalan kerja dihitung sebesar nilai                     The obligation for employment benefits is                               menggunakan metode suku bunga efektif;
          kini dari estimasi jumlah liabilitas imbalan kerja                  calculated at present value of estimated future                         dan
          di masa depan yang timbul dari jasa yang telah                      benefits that the employees have earned in                             Bunga atas efek-efek yang tersedia untuk                         Interest on available-for-sale securities
          diberikan oleh karyawan pada masa kini dan                          return for their services in the current and prior                      dijual yang dihitung menggunakan metode                           calculated using the effective interest
          masa lalu. Perhitungan dilakukan oleh aktuaris                      periods. The calculation is performed by an                             suku bunga efektif.                                               method.
          independen dengan metode projected-unit-                            independent actuary using the projected-unit-
          credit.                                                             credit method.                                                      Pendapatan bunga atas aset keuangan yang                          Interest on impaired financial assets continues
                                                                                                                                                  mengalami penurunan nilai tetap diakui atas                       to be recognized using the rate of interest used
          Keuntungan atau kerugian yang timbul dari                           Gains or losses arising from actuarial                              dasar suku bunga yang digunakan untuk                             to discount the future cash flows for the
          pengukuran kembali aktuarial dari liabilitas                        remeasurements of the net defined benefit                           mendiskonto arus kas masa datang dalam                            purposes of measuring the impairment losses.
          imbalan pasti bersih diakui segera sebagai                          liability are recognized immediately in other                       pengukuran kerugian penurunan nilai.
          penghasilan komprehensif lain. Ketika manfaat                       comprehensive income. When the benefits of a
          atas program berubah atau ketika terjadi                            plan are changed or when a plan is curtailed,                  aa. Pendapatan dan Beban Provisi dan Komisi                       aa. Fees and           Commission         Income       and
          kurtailmen program, dampak perubahan atas                           the resulting change in benefit that relates to                                                                                      Expenses
          manfaat sehubungan dengan jasa lalu atau                            past service or the gain or loss on curtailment is
          keuntungan atau kerugian atas kurtailmen                            recognized immediately in profit or loss.                           Pendapatan dan beban provisi dan komisi yang                      Fees and commission income and expenses
          diakui segera dalam laba rugi.                                                                                                          merupakan bagian tak terpisahkan dari suku                        that are integral to the effective interest rate on
                                                                                                                                                  bunga efektif aset keuangan atau liabilitas                       a financial asset or liability are included in the
     w. Modal Saham                                                      w. Share Capital                                                         keuangan dimasukkan ke dalam perhitungan                          measurement of the effective interest rate.
                                                                                                                                                  suku bunga efektif.
          Saham diklasifikasikan sebagai ekuitas jika                         Shares are classified as equity when there is no
          tidak terdapat kewajiban kontraktual untuk                          contractual obligation to transfer cash or other                    Pendapatan provisi dan komisi yang diperoleh                      Fees and commissions income earned from a
          mentransfer kas atau aset keuangan lainnya.                         financial assets.                                                   atas beragam jasa yang diberikan kepada                           range of services rendered to customers are
                                                                                                                                                  nasabah umumnya diakui pada saat                                  normally recognized upon a completion of a
     x.   Beban Emisi Saham                                              x.   Share Issuance Costs                                                penyelesaian transaksi. Untuk jasa yang                           transaction. For services provided over a period
                                                                                                                                                  diberikan selama periode waktu tertentu atau                      of time or credit risk undertaken, fees and
          Beban emisi saham yang terjadi sehubungan                           Shares issuance costs related to the public                         periode risiko kredit yang diterima, provisi dan                  commissions are amortized over the relevant
          dengan penawaran saham umum kepada                                  offering of shares are deducted from the                            komisi diamortisasi selama periode waktu                          period.
          masyarakat dikurangkan langsung dari hasil                          proceeds and presented as a deduction in the                        terkait.
          emisi dan disajikan sebagai pengurang pada                          “Additional Paid-in-Capital” account under
          akun “Tambahan Modal Disetor” sebagai                               equity section in the statement of financial                   ab. Pendapatan Transaksi Perdagangan - Neto                       ab. Trading Income - Net
          bagian dari ekuitas pada laporan posisi                             position.
          keuangan.                                                                                                                               Pendapatan      bersih      instrumen      yang                   Net trading income comprises gains less losses
                                                                                                                                                  diperdagangkan terdiri dari keuntungan                            on derivative assets and liabilities and includes
     y.   Laba per Saham                                                 y.   Earnings per Share                                                  dikurangi kerugian atas aset dan liabilitas                       all realized and unrealized fair value changes
                                                                                                                                                  derivatif yang dimiliki untuk diperdagangkan,                     and foreign exchange differences.
          Laba per saham dasar dihitung dengan                                Basic earnings per share is computed by                             dan termasuk perubahan nilai wajar yang sudah
          membagi laba tahun berjalan dengan rata-rata                        dividing income for the year by the weighted                        ataupun yang belum direalisasi dan selisih kurs.
          tertimbang jumlah saham yang beredar selama                         average number of outstanding shares during
          tahun berjalan.                                                     the year.




                                                               39                                                                                                                                    40
Page 171
                                                                       The original financial statements included herein are in the                                                                             The original financial statements included herein are in the
                                                                                                             Indonesian language.                                                                                                                     Indonesian language.

          PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                            PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                         unless otherwise stated)                                             kecuali dinyatakan lain)                                            unless otherwise stated)


2.   Ikhtisar Kebijakan Akuntansi yang Material                   2.   Summary of          Material     Accounting       Policies     3.   Kebijakan Manajemen Risiko Keuangan dan                         3.   Financial Risk Management and                      Capital
     (lanjutan)                                                        (continued)                                                         Manajemen Modal (lanjutan)                                           Management Policies (continued)

     ac. Segmen Operasi                                                ac. Operating Segment                                               a.   Risiko Kredit (lanjutan)                                        a.   Credit Risk (continued)

                                                                                                                                                Beberapa prinsip utama dalam manajemen                               Some key principles in the management of
          Segmen operasi adalah komponen dari entitas                       An operating segment is a component of an
                                                                                                                                                risiko kredit yang ditetapkan Bank antara lain:                      credit risk applied by the Bank are as follows:
          yang terlibat dalam aktivitas bisnis yang mana                    entity that engages in business activities from
          memperoleh pendapatan dan menimbulkan                             which it may earn revenues and incur                                •   Dewan Komisaris dan Direksi bertanggung                          •    Board of Commissioners and Board of
          beban, termasuk pendapatan dan beban terkait                      expenses, including revenues and expenses                               jawab       atas    efektivitas     penerapan                         Directors are responsible for the effective
          dengan transaksi dengan komponen lainnya                          that relate to transactions with any of the entity’s                    manajemen risiko kredit;                                              implementation of credit risk management;
          dari entitas, yang hasil operasinya dikaji ulang                  other components, whose operating results are                       •   Melakukan pemberdayaan unit-unit kerja                           •    Empower independent work units to
          secara berkala oleh pengambil keputusan                           reviewed regularly by the chief operating                               independen             untuk        melakukan                         perform internal control over the work units
          operasional untuk membuat keputusan tentang                       decision maker to make decisions about                                  pengendalian internal atas unit-unit kerja                            associated with the process of granting
          sumber daya yang dialokasikan pada segmen                         resources allocated to the segment and assess                           yang terkait dengan proses pemberian                                  credit;
          tersebut dan menilai kinerjanya, dan tersedia                     its performance, and for which discrete                                 kredit;
          informasi keuangan yang dapat dipisahkan.                         financial information is available.                                 •   Bank telah memiliki Prinsip-prinsip Dasar                        •     The Bank has Credit Risk Principles, which
                                                                                                                                                    Risiko Kredit, yang berguna sebagai acuan                              is used as the basic reference in
          Karena pada saat ini Direksi Bank hanya                           As the Bank’s Board of Directors currently only                         dasar       dalam       menjalankan     fungsi                         performing Credit Risk Management
          menelaah alokasi aset keuangan tertentu di                        reviews the allocation of certain financial assets                      Manajemen Risiko Kredit yang tidak boleh                               function which can not be violated;
          antara nasabah ritel dan wholesale, tetapi tidak                  amongst retail and wholesale customers, but                             dilanggar;
          untuk hasil operasi lainnya serta informasi                       not the other operating results and the discrete                    •   Proses persetujuan kredit dilakukan secara                       •    Loan approval process is done on a
          keuangan yang dapat dipisahkan juga tidak                         financial information is also currently                                 sentralisasi di Kantor Pusat melalui                                  centralized basis at the Head Office
          tersedia    di   Bank,    maka     manajemen                      unavailable within the Bank, therefore, the                             pertemuan Komite Kredit;                                              through Credit Committee meeting;
          berkeyakinan bahwa Bank pada saat ini                             management believes that the Bank is being                          •   Melakukan identifikasi risiko yang melekat                       •    Identify the inherent risks in new products
          dikelola sebagai segmen operasi tunggal.                          managed as a single operating segment.                                  pada produk dan aktivitas baru;                                       and activities;
                                                                                                                                                •   Melakukan pengawasan harian terhadap                             •    Conduct daily monitoring of credit arrears,
     ad. Standar Akuntansi yang Berlaku Efektif                        ad. Accounting     Standards             Effective      on                   tunggakan kredit diatas 7 hari untuk                                  above 7 days to anticipate the non-
         Tanggal 1 Januari 2025                                            January 1, 2025                                                          mengantisipasi           terjadinya      kredit                       performing loans, monitor and provide
                                                                                                                                                    bermasalah, memonitor dan memberikan                                  early warning of potential losses due to a
          Berikut amendemen dan penyesuaian atas                            The    following     are   amendments         and                       peringatan dini (early warning) atas potensi                          deterioration in loan collectability;
          standar yang berlaku efektif untuk periode yang                   improvements to standards which effective for                           kerugian yang disebabkan penurunan
          dimulai pada atau setelah 1 Januari 2025,                         periods beginning on or after January 1, 2025,                          kolektibilitas kredit;
          dengan penerapan dini diperkenankan yaitu:                        with early adoption is permitted, are as follows:                   •   Melakukan perbaikan kualitas aset                                •     Improve the quality of productive assets,
                                                                                                                                                    produktif, penyebaran risiko portofolio                                credit portfolio risk distribution by ensuring
             Amendemen PSAK 221: “Pengaruh                                     Amendment of PSAK 221: “Effect of                                  kredit dengan memastikan diversifikasi                                 diversified loan portfolio in industry sectors
              Perubahan Kurs Valuta Asing” tentang                               Changes in Foreign Exchange Rates"                                 portofolio kredit di sektor-sektor industri                            and market segments; and
              kekurangan ketertukaran.                                           regarding the lack of convertibility.                              maupun segmen pasar; dan
                                                                                                                                                •   Melakukan           restrukturisasi        dan                   •    Conduct restructuring and resolution of
3.   Kebijakan Manajemen Risiko Keuangan dan                      3.   Financial Risk Management                  and     Capital                   penyelesaian agunan yang diambil alih.                                foreclosed assets.
     Manajemen Modal                                                   Management Policies
                                                                                                                                                Untuk    mengendalikan        dan    memelihara                      To control and sustain minimal exposure of
     a.   Risiko Kredit                                                a.   Credit Risk                                                         eksposur risiko kredit pada tingkat minimal yang                     credit risk to the Bank resulting from its loans:
          Risiko Kredit adalah risiko akibat kegagalan                      Credit Risk is the risk arising from the failure of                 berasal dari kredit yang diberikan:
          pihak lawan dalam memenuhi kewajiban                              counterparties to fulfill its obligations, including
                                                                                                                                                •   Bank telah memiliki sistem deteksi dini                          •     The Bank has early problem detection
          kepada Bank, termasuk risiko kredit akibat                        credit risk due to failure of the debtor, credit
                                                                                                                                                    permasalahan melalui ”early alert” dan                                 system through “early alert” and disciplined
          kegagalan debitur, risiko konsentrasi kredit,                     concentration risk, counterparty credit risk, and
                                                                                                                                                    pemantauan yang ketat; dan                                             monitoring; and
          counterparty credit risk, dan settlement risk.                    settlement risk. Credit risk management is to
                                                                                                                                                •   Seluruh kredit yang diberikan dijamin                            •     All loans are secured by collateral, except
          Manajemen risiko kredit bertujuan untuk                           ensure that the credit is granted based on the
                                                                                                                                                    dengan agunan, kecuali untuk jenis kredit                              for certain loans such as high quality
          memastikan      bahwa      kredit    diberikan                    principles of sound lending.
                                                                                                                                                    tertentu seperti kredit korporasi berkualitas                          corporate loans, personal loans and
          berdasarkan prinsip pemberian kredit yang
                                                                                                                                                    tinggi, kredit perorangan dan fasilitas antar                          interbank loans.
          sehat.
                                                                                                                                                    bank.




                                                             41                                                                                                                                       42
Page 172
                                                                       The original financial statements included herein are in the                                                                                              The original financial statements included herein are in the
                                                                                                             Indonesian language.                                                                                                                                      Indonesian language.

          PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                                             PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                                       As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                                     for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                                      (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                         unless otherwise stated)                                             kecuali dinyatakan lain)                                                             unless otherwise stated)


3.   Kebijakan Manajemen Risiko Keuangan dan                      3.   Financial Risk Management and                      Capital     3.   Kebijakan Manajemen Risiko Keuangan dan                                         3.    Financial Risk Management and                                 Capital
     Manajemen Modal (lanjutan)                                        Management Policies (continued)                                     Manajemen Modal (lanjutan)                                                            Management Policies (continued)

     a.   Risiko Kredit (lanjutan)                                     a.   Credit Risk (continued)                                        a.   Risiko Kredit (lanjutan)                                                         a.    Credit Risk (continued)

          Untuk mengantisipasi adanya risiko kredit yang                    To anticipate the inherent credit risk in debtors’                  Eksposur maksimum risiko kredit (lanjutan)                                             Maximum exposure to credit risk (continued)
          melekat pada kegiatan usaha debitur, Bank                         business activities, the Bank needs to review
          perlu menelaah kualitas kredit debitur baru dan                   the credit quality of new debtors and existing                      Tabel berikut menyajikan eksposur maksimum                                             The following table presents the Bank’s
          debitur lama, serta menerapkan peraturan dan                      debtors, and implements the Bank’s regulation                       Bank terhadap risiko kredit untuk instrumen                                            maximum exposure to credit risk of financial
          kebijakan Bank mengenai kriteria penerimaan                       and policy on credit acceptance criteria, which                     keuangan pada laporan posisi keuangan dan                                              instruments in the statement of financial
          kredit, yang mengatur persyaratan minimum                         describes minimum requirements covering                             rekening administratif, tanpa memperhitungkan                                          position and off-balance sheet accounts,
          yang diperlukan, yang mencakup aspek                              owner, management, industry, financial                              agunan yang dimiliki atau perlindungan kredit                                          without taking into account any collateral held
          pemilik, manajemen, industri, kinerja keuangan,                   performance,          administration          and                   lainnya:                                                                               or other credit enhancement:
          administrasi dan dokumentasi serta agunan.                        documentation and collateral aspects.
                                                                                                                                                                                                                  2025
          Agar penerapan fungsi manajemen risiko kredit                     In order for the implementation of credit risk                                                                      Pemerintah
          sejalan dengan risk appetite yang telah                           management function in line with the risk                                                                            dan Bank
                                                                                                                                                                                                Indonesia/
          ditetapkan, Direksi membentuk Komite Kredit                       appetite set by the Bank, Board of Directors                                                                        Government
          yang memiliki fungsi dan tanggung jawab                           established Credit Committee which functions                                                       Korporasi/        and Bank        Bank/                Ritel/
                                                                                                                                                                               Corporates        Indonesia       Banks                Retail             Total
          sebagai berikut:                                                  and responsibilities are as follows:
                                                                                                                                                                                                                                                                                  Current accounts with
                                                                                                                                                Giro pada Bank Indonesia                    -       364.492                 -                    -          364.492                   Bank Indonesia
          1.   Memberikan persetujuan atau penolakan                        1.    Provide approval or rejection of credit in                    Giro pada bank lain                         -             -            17.504                    -           17.504   Current accounts with other banks
               kredit     sesuai     dengan      batas                            accordance with the authority/type of credit                  Penempatan pada Bank
                                                                                                                                                   Indonesia dan bank lain                -        1.241.384                -                    -        1.241.384
                                                                                                                                                                                                                                                                       Placements with Bank lndonesia
                                                                                                                                                                                                                                                                                     and other banks
               wewenang/jenis kredit yang ditetapkan                              established by the Board of Directors;                        Tagihan derivatif                       156                -              434                    -              590              Derivative receivables
               oleh Direksi;                                                                                                                    Tagihan akseptasi
                                                                                                                                                Efek-efek yang dibeli dengan
                                                                                                                                                                                     87.889                -                -                    -           87.889             Acceptance receivables
                                                                                                                                                                                                                                                                            Securities purchased under
          2.   Melakukan koordinasi dengan Komite Aset                      2.    To coordinate with Assets and Liabilities                     janji dijual kembali                      -           10.872                 -                   -           10.872                agreements to resell
               dan Liabilitas (ALCO) dalam aspek                                  Committee (ALCO) in the aspect of funding                     Kredit yang diberikan
                                                                                                                                                Efek-efek
                                                                                                                                                                                  9.763.416
                                                                                                                                                                                          -
                                                                                                                                                                                                           -
                                                                                                                                                                                                   1.481.150
                                                                                                                                                                                                                             -
                                                                                                                                                                                                                             -
                                                                                                                                                                                                                                            21.052
                                                                                                                                                                                                                                                 -
                                                                                                                                                                                                                                                          9.784.468
                                                                                                                                                                                                                                                          1.481.150
                                                                                                                                                                                                                                                                                                   Loans
                                                                                                                                                                                                                                                                                               Securities
               ketersediaan pendanaan untuk pencairan                             availability for loan disbursement;                           Aset lain-lain*)                    135.726                -                 -                  15          135.741                      Other Assets*)
               kredit;                                                                                                                          Komitmen dan kontinjensi
                                                                                                                                                     dengan risiko kredit           133.880                  -               -                   -          133.880
                                                                                                                                                                                                                                                                       Commitments and contingencies
                                                                                                                                                                                                                                                                                        with credit risk
          3.   Memantau pelaksanaan kebijakan kredit;                       3.   Monitor the implementation of the credit
                                                                                                                                                Total                            10.121.067        3.097.898           17.938               21.067       13.257.970                                Total
                                                                                 policy;
          4.   Bertindak sebagai penasehat dalam hal                        4.   Acting as an advisor for credit to related                     Persentase                          76,34%           23,37%            0,13%                0,16%          100,00%                           Percentage
               perkreditan kepada pihak terkait;                                 parties;
          5.   Mengembangkan kebijakan kredit Bank;                         5.   Develop Bank’s credit policy; and
               dan                                                                                                                                                                                                2024
          6.   Mengevaluasi/menilai kinerja dari unit                       6.   Evaluate/assess the performance                of
                                                                                                                                                                                                Pemerintah
               bisnis dan unit penelaahan kredit.                                business unit and credit review unit.                                                                           dan Bank
                                                                                                                                                                                                Indonesia/
                                                                                                                                                                                                Government
          Limit Risiko dan Kebijakan Mitigasi                               Risk Limit and Mitigation Policies                                                                 Korporasi/        and Bank        Bank/                Ritel/
                                                                                                                                                                               Corporates        Indonesia       Banks                Retail             Total
          Limit pemberian kredit ditelaah mengikuti Batas                   Lending limits are reviewed in the light of Bank’s                                                                                                                                                    Current accounts with
          Maksimum Pemberian Kredit (BMPK) yang                             Legal Lending Limit (LLL) set by Bank based on                      Giro pada Bank Indonesia
                                                                                                                                                Giro pada bank lain
                                                                                                                                                                                            -
                                                                                                                                                                                            -
                                                                                                                                                                                                    410.213
                                                                                                                                                                                                          -
                                                                                                                                                                                                                            -
                                                                                                                                                                                                                       38.818
                                                                                                                                                                                                                                                 -
                                                                                                                                                                                                                                                 -
                                                                                                                                                                                                                                                            410.213
                                                                                                                                                                                                                                                             38.818
                                                                                                                                                                                                                                                                                      Bank Indonesia
                                                                                                                                                                                                                                                                      Current accounts with other banks
          ditetapkan oleh Bank sesuai dengan peraturan                      the applicable regulator’s regulation.                              Penempatan pada Bank                                                                                                   Placements with Bank lndonesia
          regulator yang berlaku.                                                                                                                  Indonesia dan bank lain
                                                                                                                                                Tagihan derivatif
                                                                                                                                                                                         -
                                                                                                                                                                                       190
                                                                                                                                                                                                   1.014.401
                                                                                                                                                                                                           -
                                                                                                                                                                                                                      321.900
                                                                                                                                                                                                                        3.079
                                                                                                                                                                                                                                                 -
                                                                                                                                                                                                                                                 -
                                                                                                                                                                                                                                                          1.336.301
                                                                                                                                                                                                                                                              3.269
                                                                                                                                                                                                                                                                                     and other banks
                                                                                                                                                                                                                                                                                 Derivative receivables
                                                                                                                                                Efek-efek yang dibeli dengan                                                                                                Securities purchased under
          Bank menerapkan kebijakan untuk memitigasi                        The Bank implements policies to mitigate credit                     janji dijual Kembali
                                                                                                                                                Kredit yang diberikan
                                                                                                                                                                                          -
                                                                                                                                                                                  8.393.119
                                                                                                                                                                                                           -
                                                                                                                                                                                                           -
                                                                                                                                                                                                                             -
                                                                                                                                                                                                                             -
                                                                                                                                                                                                                                                 -
                                                                                                                                                                                                                                            61.447
                                                                                                                                                                                                                                                                  -
                                                                                                                                                                                                                                                          8.454.566
                                                                                                                                                                                                                                                                                   agreements to resell
                                                                                                                                                                                                                                                                                                  Loans
          risiko kredit dengan mengharuskan adanya                          risk by requiring collateral to secure the                          Efek-efek                                 -        2.160.025                 -                   -        2.160.025                           Securities
          agunan sebagai jaminan pelunasan kredit jika                      repayment of loan if the main source of debtor’s                    Aset lain-lain*)                     87.687                -             9.246               3.884          100.817                      Other assets*)

          sumber pembayaran utama debitur melalui arus                      payment through cash flows is not fulfilled.                        Total                             8.480.996        3.584.639          373.043               65.331       12.504.009                                Total
          kas tidak terpenuhi.                                                                                                                  Persentase                          67,83%           28,67%            2,98%                0,52%          100,00%                           Percentage

          Eksposur maksimum risiko kredit                                   Maximum exposure to credit risk
                                                                                                                                                *)   Aset lain-lain terdiri dari tagihan atas transaksi agunan                         *)      Other assets consist of receivables from foreclosed
                                                                                                                                                     yang diambil alih, piutang bunga, setoran jaminan, dan                                    assets transactions, interest receivables, security
          Untuk aset keuangan yang diakui di laporan                        For financial assets recognized in the financial                         piutang lain-lain                                                                         deposits, and other receivables.
          keuangan, eksposur maksimum terhadap risiko                       statement, the maximum exposure to credit risk
          kredit sama dengan nilai tercatatnya. Untuk                       is equal to their carrying amount. For bank
          bank garansi dan irrevocable L/C yang                             guarantees and irrevocable L/C issued, the
          diterbitkan, eksposur maksimum terhadap                           maximum exposure to credit risk is the
          risiko kredit adalah nilai yang harus dibayarkan                  maximum amount that the Bank would have to
          oleh Bank jika kewajiban atas bank garansi dan                    pay if the obligations on the bank guarantees
          irrevocable L/C yang diterbitkan terjadi.                         and irrevocable L/C issued are called upon.

                                                             43                                                                                                                                                  44
Page 173
                                                                           The original financial statements included herein are in the                                                                            The original financial statements included herein are in the
                                                                                                                 Indonesian language.                                                                                                                    Indonesian language.

          PT BANK QNB INDONESIA TBK                                             PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                             unless otherwise stated)                                             kecuali dinyatakan lain)                                           unless otherwise stated)


3.   Kebijakan Manajemen Risiko Keuangan dan                       3.      Financial Risk Management and                      Capital     3.   Kebijakan Manajemen Risiko Keuangan dan                       3.    Financial Risk Management and                       Capital
     Manajemen Modal (lanjutan)                                            Management Policies (continued)                                     Manajemen Modal (lanjutan)                                          Management Policies (continued)

     a.   Risiko Kredit (lanjutan)                                         a.   Credit Risk (continued)                                        a.   Risiko Kredit (lanjutan)                                       a.   Credit Risk (continued)

          Eksposur maksimum risiko kredit (lanjutan)                            Maximum exposure to credit risk (continued)                         Eksposur maksimum risiko kredit (lanjutan)                          Maximum exposure to credit risk (continued)

          Tabel di bawah ini menunjukkan net maximum                            The table below shows the net maximum                               Tabel berikut menyajikan komposisi kredit yang                      The following table presents the composition of
          exposure (setelah memperhitungkan agunan)                             exposure (after considering collateral) to credit                   diberikan (sebelum penyisihan kerugian                              loans receivable (before allowance for
          atas risiko kredit untuk efek-efek yang dibeli                        risk of securities purchase under agreements to                     penurunan nilai) yang mendapatkan manfaat                           impairment losses) that benefit from such
          dengan janji dijual kembali pada tanggal                              resell as of December 31, 2025 and 2024:                            dari agunan, baik sebagian maupun penuh,                            partial or full collateralization as credit risk
          31 Desember 2025 dan 2024:                                                                                                                sebagai mitigasi dari risiko kredit:                                mitigation:

                                              Eksposur                                                                                                                                   2025                             2024
                                             maksimum/
                                              Maximum         Agunan/           Eksposur neto/                                                                                   Rp             %                 Rp                %
                                              exposure        Collateral         Net exposure
                                                                                                                                                    Dijamin penuh dan sebagian   1.834.014           18,74        3.377.614              39,95       Fully and partially secured
          2025                                                                                                                    2025              Tidak memiliki jaminan       7.950.454           81,26        5.076.952              60,05                       Unsecured
          Efek-efek yang dibeli dengan             10.872                   -                 -             Securities purchased under
                                                                                                                                                    Total                        9.784.468          100,00        8.454.566             100,00                            Total
            janji dijual kembali                                                                                agreements to resell

          Untuk      kredit   yang    diberikan,    Bank                        For the loans and receivables, Bank uses the                        Penilaian jaminan dapat dilakukan oleh penilai                      Collateral assessment can be performed by
          menggunakan agunan untuk meminimalkan                                 collateral to minimize the credit risk. Based on                    eksternal dan/atau penilai internal. Untuk kredit                   external and/or internal appraiser. Loans with
          risiko kredit. Berdasarkan agunan, kredit Bank                        collaterals, the Bank’s loans are classified into                   dengan jumlah plafon debitur/grup debitur lebih                     plafond above Rp10,000, should be assessed
          dapat dibedakan menjadi dua kelompok besar,                           two major category:                                                 dari Rp10.000, penilaiannya harus dilakukan                         by external/independent appraiser. Re-
          yaitu:                                                                                                                                    oleh penilai eksternal/independen. Penilaian                        assessment of collaterals is performed by
          a. Secured loans; dan                                                 a.   Secured loans; and                                             kembali jaminan dilakukan baik oleh penilai                         internal and/or external appraiser every year for
          b. Unsecured loans.                                                   b.   Unsecured loans.                                               internal dan/atau eksternal setahun sekali untuk                    performing loan. For non-performing loan, the
                                                                                                                                                    kredit yang performing. Untuk kredit yang non-                      frequency of re-assessment could be
          Untuk secured loans, Bank menetapkan jenis                            For secured loans, Bank determined the type                         performing, frekuensi penilaian kembali                             conducted more often. In term of down graded
          dan nilai agunan yang dijaminkan sesuai skema                         and value of collateral according to the loan                       dilakukan lebih sering. Untuk kredit yang                           loans, re-assessment should be conducted
          kredit. Jenis dari agunan terdiri dari:                               scheme. Types of collateral are as follows:                         mengalami penurunan grading, maka penilaian                         immediately. Collateral generally is not held
                                                                                                                                                    kembali harus segera dilakukan. Pada                                over placements with Bank Indonesia and other
          a.   Physical collateral, antara lain tanah,                          a.   Physical collateral, such as land, buildings,                  umumnya, agunan tidak dimiliki atas                                 banks and securities.
               bangunan,        kapal,       mesin-mesin,                            vessels, machines, inventories and                             penempatan pada Bank Indonesia dan bank
               persediaan dan kendaraan bermotor;                                    vehicles;                                                      lain dan efek-efek.
          b.   Financial collateral, antara lain simpanan                       b.   Financial collateral, such as deposits
               (tabungan, giro dan deposito berjangka),                              (saving deposits, demand deposits and                          Proses penentuan peringkat kredit Bank                              The Bank’s credit rating determination
               dan surat berharga; dan                                               time deposits), and securities; and                            membedakan eksposur untuk menentukan                                processes differentiate exposures in order to
          c.   Lainnya, antara lain seperti piutang                             c.   Others, for instance account receivables,                      eksposur mana yang memiliki faktor risiko lebih                     highlight those with greater risk factors and
               dagang, garansi, garansi pemerintah dan                               guarantees, government guarantees and                          besar dan tingkat kerugian potensial yang lebih                     higher potential severity of loss. The credit
               lembaga penjamin.                                                     guarantee institution.                                         tinggi. Peringkat kredit setiap debitur ditelaah                    collectibility for each debtor is reviewed
                                                                                                                                                    secara      berkala      dan     perubahannya                       regularly     and   any    amendments      are
          Apabila terjadi default (gagal bayar), Bank akan                      At the time of default, Bank will use the                           diimplementasikan secepatnya.         Peringkat                     implemented promptly. The credit collectibility
          menggunakan agunan tersebut sebagai pilihan                           collateral as the last resort in recovering its                     kredit yang diterapkan atas setiap debitur juga                     applied for each debtor also considered credit
          terakhir untuk pemulihan kredit.                                      credit.                                                             mempertimbangkan kualitas kredit dari debitur                       quality of the respective debtor as determined
                                                                                                                                                    tersebut yang telah ditentukan oleh bank-bank                       by other banks.
          Untuk unsecured loans, Bank tidak menetapkan                          For the unsecured loan Bank does not                                lain.
          jenis dan nilai agunan yang dijaminkan sesuai                         determine the type and value of collateral
          skema kredit. Keputusan pemberian kredit                              according to the loan scheme. The credit
          berdasarkan pada riwayat kredit dari pemohon                          decision is based on the borrower's
          kredit, bukan dari jenis agunannya. Bank                              creditworthiness, rather than by any type of
          melakukan pemantauan pinjaman setelah                                 collateral. Bank to perform the Loan Monitoring
          pencarian kredit untuk mengetahui kualitas dari                       after loan disbursements to ensure the loan
          pinjaman dan/atau perubahan yang terjadi                              quality and/or condition changes to anticipate
          sehingga dapat segera mengantisipasi hal-hal                          as early possible to the possibilities that may
          yang mungkin dapat merugikan Bank.                                    harm the Bank.




                                                             45                                                                                                                                         46
Page 174
                                                                                             The original financial statements included herein are in the                                                                                                The original financial statements included herein are in the
                                                                                                                                   Indonesian language.                                                                                                                                        Indonesian language.

          PT BANK QNB INDONESIA TBK                                                               PT BANK QNB INDONESIA TBK                                                    PT BANK QNB INDONESIA TBK                                                      PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS                                             CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                         As of December 31, 2025 and                                               Tanggal 31 Desember 2025 dan untuk                                                As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                                       for the Year Then Ended                                              Tahun yang Berakhir pada Tanggal Tersebut                                              for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                                        (Expressed in millions of Rupiah,                                             (Disajikan dalam jutaan Rupiah,                                               (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                                               unless otherwise stated)                                                      kecuali dinyatakan lain)                                                      unless otherwise stated)


3.   Kebijakan Manajemen Risiko Keuangan dan                                           3.    Financial Risk Management and                              Capital      3.   Kebijakan Manajemen Risiko Keuangan dan                                   3.   Financial Risk Management and                       Capital
     Manajemen Modal (lanjutan)                                                              Management Policies (continued)                                              Manajemen Modal (lanjutan)                                                     Management Policies (continued)

     a.   Risiko Kredit (lanjutan)                                                           a.   Credit Risk (continued)                                                 a.   Risiko Kredit (lanjutan)                                                  a.   Credit Risk (continued)

          Eksposur maksimum risiko kredit (lanjutan)                                              Maximum exposure to credit risk (continued)                                  Eksposur maksimum risiko kredit (lanjutan)                                     Maximum exposure to credit risk (continued)

          Pembagian aset keuangan berdasarkan                                                     Distribution of financial assets by their credit                             Analisis umur kredit yang jatuh tempo tetapi                                   The aging analysis of past due but not impaired
          kualitas kreditnya disajikan di bawah ini:                                              quality is summarised as below:                                              tidak mengalami penurunan nilai pada tanggal                                   loans as of December 31, 2025 and 2024, are
                                                                                                                                                                               31 Desember 2025 dan 2024, sebagai berikut:                                    as follows:
                                                                               2025

                                         Belum jatuh                                                                                                                                                                                         2025
                                          tempo dan       Jatuh tempo                          Cadangan
                                                                                                                                                                                                    1 sampai dengan     31 sampai dengan      61 sampai dengan
                                             tidak          tapi tidak                          kerugian
                                                                                                                                                                                                     30 hari/1 up to      60 hari/31 up to     90 hari/61 up to
                                          mengalami        mengalami                          penurunan
                                                                                                                                                                                                        30 days               60 days              90 days               Total
                                          penurunan        penurunan         Mengalami            nilai/
                                         nilai/Neither      nilai/Past       penurunan       Allowance for                                                                     Modal kerja                   384.619                     -                      -            384.619                   Working capital
                                         past due nor     due but not           nilai/        Impairment                                                                       Investasi                      29.601                     -                      -             29.601                      Investment
                                           impaired         impaired          Impaired           losses          Total
                                                                                                                                                                               Total                         414.220                     -                      -            414.220                            Total
          Aset pada biaya perolehan
            diamortisasi                                                                                                               Assets at amortized cost                Cadangan kerugian                                                                                                         Allowance for
                                                                                                                                            Current accounts with                penurunan nilai                                                                             (97.870)              impairment losses
          Giro pada Bank Indonesia             364.492                   -               -                -        364.492                      Bank lndonesia
          Giro pada bank lain                   17.504                   -               -               (1)        17.503       Current account with other banks              Neto                                                                                          316.350                              Net
          Penempatan pada Bank                                                                                                    Placement with Bank Indonesia
             Indonesia dan bank lain         1.241.384                   -               -                -       1.241.384                    and other banks
          Tagihan Akseptasi                     87.889                   -               -             (211)         87.678              Acceptance Receivables                                                                              2024
          Efek-efek yang dibeli dengan                                                                                                Securities purchased under
               janji dijual Kembali             10.872                -                  -                -          10.872               agreements to resell                                      1 sampai dengan     31 sampai dengan      61 sampai dengan
          Kredit yang diberikan              9.151.030          414.220            219.218         (381.241)      9.403.227                                 Loans                                    30 hari/1 up to      60 hari/31 up to     90 hari/61 up to
          Efek-efek                            346.624                -                  -                -         346.624                             Securities                                      30 days               60 days              90 days               Total
          Aset lain-lain*)                     135.741                -                  -                -         135.741                        Other assets*)
                                                                                                                                                                               Modal kerja                   414.380                     -                169.109            583.489                   Working capital
          Nilai wajar melalui penghasilan                                                                                               Fair value through other               Investasi                      43.336                     -                      -             43.336                      Investment
             komprehensif lain                                                                                                           comprehensive income                  Konsumen                        1.047                   981                    933              2.961                       Consumer
          Efek-efek                       1.134.526                      -               -                   -    1.134.526                            Securities
                                                                                                                                                                               Total                         458.763                   981                170.042            629.786                            Total
          Aset pada nilai wajar                                                                                                     Assets at fair value through
            melalui laba rugi                                                                                                                    profit or loss                Cadangan kerugian                                                                                                         Allowance for
          Tagihan derivatif                        590                   -               -                   -            590             Derivative receivables                 penurunan nilai                                                                            (166.394)              impairment losses

                                            12.490.652          414.220            219.218         (381.453)     12.742.637                                                    Neto                                                                                          463.392                              Net



                                                                               2024                                                                                            Belum jatuh tempo dan tidak mengalami                                          Neither past due nor impaired
                                         Belum jatuh
                                                                                                                                                                               penurunan nilai
                                          tempo dan       Jatuh tempo                          Cadangan
                                             tidak          tapi tidak                          kerugian                                                                       Eksposur menunjukkan laba yang tinggi atau                                     Exposures exhibit high or stable earnings,
                                          mengalami        mengalami                          penurunan
                                          penurunan        penurunan         Mengalami            nilai/                                                                       stabil, modal dan likuiditas yang memadai,                                     adequate capital and liquidity, as generally
                                         nilai/Neither      nilai/Past       penurunan       Allowance for                                                                     secara umum tercermin dengan pembayaran                                        evidenced by prompt repayment of its
                                         past due nor     due but not           nilai/        Impairment
                                           impaired         impaired          Impaired           losses          Total                                                         komitmen terhadap Bank secara tepat waktu.                                     commitment with the Bank. Source of payment
          Aset pada biaya perolehan
                                                                                                                                                                               Sumber pembayaran dapat diidentifikasikan                                      can be clearly identifiable.
            diamortisasi                                                                                                               Assets at amortized cost                secara jelas.
                                                                                                                                            Current accounts with
          Giro pada Bank Indonesia             410.213                   -               -                -        410.213                     Bank lndonesia
          Giro pada bank lain                   38.818                   -               -               (7)        38.811       Current account with other banks              Jatuh tempo tetapi          tidak       mengalami                              Past due but not impaired
          Penempatan pada Bank
             Indonesia dan bank lain         1.336.301                -                  -                -       1.336.301
                                                                                                                                  Placement with Bank Indonesia
                                                                                                                                              and other banks
                                                                                                                                                                               penurunan nilai
          Kredit yang diberikan              7.559.382          629.786            265.398         (488.839)      7.965.727                                 Loans
          Efek-efek                            160.686                -                  -                -         160.686                             Securities             Eksposur dimana telah terjadi tunggakan                                        Exposures, for which contractual interest or
          Aset lain-lain*)                     100.817                -                  -                -         100.817                        Other assets*)
                                                                                                                                                                               pembayaran pokok atau bunga kontraktual,                                       principal payments are past due, however the
          Nilai wajar melalui penghasilan                                                                                               Fair valur through other               tetapi Bank berkeyakinan bahwa penurunan                                       Bank believes that individual impairment has
             komprehensif lain                                                                                                          comprehensive income
          Efek-efek                       1.999.339                      -               -                   -    1.999.339                            Securities              nilai  individual    belum     terjadi dengan                                  not occurred with consideration of the collateral
                                                                                                                                                                               mempertimbangkan agunan yang tersedia                                          pledged and/or the stage of collection of
          Aset pada nilai wajar                                                                                                     Assets at fair value through
            melalui laba rugi                                                                                                                    profit or loss                dan/atau tingkat tertagihnya jumlah yang masih                                 amounts owned.
          Tagihan derivatif                       3.269                  -               -                   -           3.269            Derivative receivables               terutang kepada Bank.
                                            11.608.825          629.786            265.398         (488.846)     12.015.163



          *)    Aset lain-lain terdiri dari tagihan atas transaksi agunan                         *)    Other assets consist of receivables from foreclosed
                yang diambil alih, piutang bunga, setoran jaminan, dan                                  assets transactions, interest receivables, security
                piutang lain-lain                                                                       deposits, and other receivables.




                                                                              47                                                                                                                                                        48
Page 175
                                                                        The original financial statements included herein are in the                                                                                                 The original financial statements included herein are in the
                                                                                                              Indonesian language.                                                                                                                                         Indonesian language.

          PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                                                PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                                          As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                                        for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                   (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                                         (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                          unless otherwise stated)                                             kecuali dinyatakan lain)                                                                unless otherwise stated)


3.   Kebijakan Manajemen Risiko Keuangan dan                       3.   Financial Risk Management and                      Capital     3.   Kebijakan Manajemen Risiko Keuangan dan                                            3.    Financial Risk Management and                               Capital
     Manajemen Modal (lanjutan)                                         Management Policies (continued)                                     Manajemen Modal (lanjutan)                                                               Management Policies (continued)

     a.   Risiko Kredit (lanjutan)                                      a.   Credit Risk (continued)                                        a.   Risiko Kredit (lanjutan)                                                            a.    Credit Risk (continued)

          Mengalami penurunan nilai                                          Impaired                                                            Mengalami penurunan nilai (lanjutan)                                                      Impaired (continued)

          Eksposur dengan peringkat kurang lancar,                           Exposures with substandard, doubtful and loss                       Analisa konsentrasi risiko kredit                                                         Concentration of credit risk analysis
          diragukan dan macet dimana Bank telah                              grading for which the Bank determines that
          menentukan bahwa terdapat bukti objektif                           there is objective evidence of impairment and it                    Konsentrasi risiko kredit timbul ketika sejumlah                                          Concentrations of credit risk arise when a
          penurunan nilai dan Bank tidak mengharapkan                        does not expect to collect all principal and                        nasabah menjalankan kegiatan usaha yang                                                   number of customers are engaged in similar
          untuk menerima kembali seluruh nilai pokok                         interest due according to the contractual terms                     sejenis atau menjalankan kegiatan usaha                                                   business activities or activities within the same
          dan bunga tertunggak sesuai dengan                                 of the agreement.                                                   dalam wilayah geografis yang sama, atau ketika                                            geographic region, or when they have similar
          persyaratan kontraktual dalam perjanjian.                                                                                              nasabah memiliki karakteristik yang sejenis                                               characteristics that would cause their ability to
                                                                                                                                                 yang akan menyebabkan kemampuan mereka                                                    meet contractual obligations to be similarly
          Definisi    kualitas   kredit debitur dalam                        The definition of the debtor’s credit quality in                    untuk memenuhi kewajiban kontraktualnya                                                   affected by changes in economic or other
          menentukan peringkat kredit sesuai dengan                          determining credit rating is in accordance with                     secara serupa dipengaruhi oleh perubahan                                                  conditions.
          kualitas kredit yang diatur dalam peraturan OJK                    credit quality stipulated in the prevailing OJK                     kondisi ekonomi atau kondisi lainnya.
          yang berlaku, sebagai berikut:                                     regulations, as follows:
                                                                                                                                                 Konsentrasi risiko kredit berdasarkan jenis                                               Concentration of credit risk by type of debtors:
          •   Lancar: eksposur menunjukkan laba yang                         •     Current: exposures exhibit high or stable                     debitur:
              tinggi atau stabil, modal dan likuiditas yang                        earnings, adequate capital and liquidity, as
              memadai, secara umum tercermin dari                                  generally evidenced by prompt repayment                                                                                            2025

              pembayaran komitmen terhadap Bank dan                                of its commitment with the Bank and other                                                                     Pemerintah dan
              kreditur lainnya secara tepat waktu.                                 creditors. Source of payment can be                                                                           Bank Indonesia/
                                                                                                                                                                                Korporasi/       Government and      Bank/                Ritel/
              Sumber            pembayaran            dapat                        clearly identifiable and the Bank does not                                                   Corporate        Bank Indonesia      Banks                Retail            Total
              diidentifikasikan secara jelas dan Bank                              rely on collateral for settlement of the
                                                                                                                                                                                                                                                                                     Current accounts with
              tidak bergantung pada jaminan untuk                                  debtor’s future commitments.                                  Giro pada Bank Indonesia                    -          364.492                 -                    -        364.492                    Bank Indonesia
              penyelesaian komitmen debitur di masa                                                                                              Giro pada bank lain                         -                -            17.504                    -         17.504    Current accounts with other banks
                                                                                                                                                 Penempatan pada Bank                                                                                                     Placements with Bank lndonesia
              datang.                                                                                                                               Indonesia dan bank lain                -           1.241.384                -                    -       1.241.384                  and other banks
          •   Dalam perhatian khusus: eksposur                               •     Special mention: exposures require                            Tagihan derivatif                       156                   -              434                    -             590              Derivative receivables
                                                                                                                                                 Tagihan akseptasi                    87.889                   -                -                    -          87.889             Acceptance receivables
              memerlukan tingkat pemantauan yang                                   varying degrees of special attention and                      Efek-efek yang dibeli dengan                                                                                                  Securities purchased under
              bervariasi dan risiko wanprestasi menjadi                            default risk is of concern.                                      janji dijual kembali                   -              10.872                 -                   -          10.872             agreements to resell
                                                                                                                                                 Kredit yang diberikan             9.763.416                   -                 -              21.052       9.784.468                                Loans
              perhatian.                                                                                                                         Efek-efek                                 -           1.481.150                 -                   -       1.481.150                           Securities
          •   Kurang lancar: eksposur dimana nasabah                         •     Substandard: exposures which the debtor                       Aset lain-lain*)                    135.726                   -                 -                  15         135.741                      Other assets*)
                                                                                                                                                 Komitmen dan kontinjensi                                                                                                 Commitments and contingencies
              dalam tahap keterlambatan pembayaran                                 is in the stages of delinquency and has                         dengan risiko kredit              133.880                   -                 -                   -        133.880                    with credit risk
              dan telah gagal untuk melakukan                                      failed to make a payment on overdue                           Total                            10.121.067           3.097.898           17.938               21.067      13.257.970                               Total
              pembayaran kewajiban yang lewat jatuh                                accounts for 91 days up to 120 days, in
              tempo 91 hari sampai dengan 120 hari,                                accordance with the contractual terms of                      Persentase                          76,34%              23,37%            0,13%                0,16%         100,00%                          Percentage

              sesuai dengan persyaratan kontraktual                                the loan agreement.
              dalam perjanjian kredit.                                                                                                                                                                                2024
          •   Diragukan: eksposur dimana nasabah                             •     Doubtful: exposures which the debtor is in
                                                                                                                                                                                                 Pemerintah dan
              dalam tahap keterlambatan pembayaran                                 the stages of delinquency and has failed to                                                                   Bank Indonesia/
              dan telah gagal untuk melakukan                                      make a payment on overdue accounts for                                                       Korporasi/       Government and      Bank/                Ritel/
                                                                                                                                                                                Corporate        Bank Indonesia      Banks                Retail            Total
              pembayaran kewajiban yang lewat jatuh                                121 days up to 180 days, in accordance
              tempo 121 hari sampai dengan 180 hari,                               with the contractual terms of the loan                                                                                                                                                            Current accounts with
                                                                                                                                                 Giro pada Bank Indonesia                    -          410.213                 -                    -        410.213                    Bank Indonesia
              sesuai dengan persyaratan kontraktual                                agreement.                                                    Giro pada bank lain                         -                -            38.818                    -         38.818    Current accounts with other banks
              dalam perjanjian kredit.                                                                                                           Penempatan pada Bank                                                                                                     Placements with Bank lndonesia
                                                                                                                                                    Indonesia dan bank lain                -           1.014.401          321.900                    -       1.336.301                  and other banks
          •   Macet: eksposur dimana nasabah dalam                           •    Loss: exposures which the debtor is in the                     Tagihan derivatif                       190                   -            3.079                    -           3.269              Derivative receivables
              tahap keterlambatan pembayaran dan                                  stages of delinquency and has failed to                        Efek-efek yang dibeli dengan                                                                                                  Securities purchased under
                                                                                                                                                    janji dijual kembali                   -                   -                 -                   -               -             agreements to resell
              telah gagal untuk melakukan pembayaran                              make a payment on overdue accounts for                         Kredit yang diberikan             8.393.119                   -                 -              61.447       8.454.566                                Loans
              kewajiban yang lewat jatuh tempo lebih                              more than 180 days, in accordance with                         Efek-efek                                 -           2.160.025                 -                   -       2.160.025                           Securities
                                                                                                                                                 Aset lain-lain*)                     87.687                   -             9.246               3.884         100.817                      Other assets*)
              dari 180 hari, sesuai dengan persyaratan                            the contractual terms of the loan                              Komitmen dan kontinjensi                                                                                                 Commitments and contingencies
              kontraktual dalam perjanjian kredit.                                agreement.                                                       dengan risiko kredit                      -                 -                 -                   -               -                   with credit risk

                                                                                                                                                 Total                             8.480.996           3.584.639          373.043               65.331      12.504.009                               Total

                                                                                                                                                 Persentase                          67,83%              28,67%            2,98%                0,52%         100,00%                          Percentage



                                                                                                                                                 *)      Aset lain-lain terdiri dari tagihan atas transaksi agunan                         *)      Other assets consist of receivables from foreclosed
                                                                                                                                                         yang diambil alih, piutang bunga, setoran jaminan, dan                                    assets transactions, interest receivables, security
                                                                                                                                                         piutang lain-lain                                                                         deposits, and other receivable


                                                              49                                                                                                                                                     50
Page 176
                                                                       The original financial statements included herein are in the                                                                           The original financial statements included herein are in the
                                                                                                             Indonesian language.                                                                                                                   Indonesian language.

          PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                   (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                         unless otherwise stated)                                             kecuali dinyatakan lain)                                          unless otherwise stated)


3.   Kebijakan Manajemen Risiko Keuangan dan                      3.   Financial Risk Management and                      Capital     3.   Kebijakan Manajemen Risiko Keuangan dan                       3.   Financial Risk Management and                      Capital
     Manajemen Modal (lanjutan)                                        Management Policies (continued)                                     Manajemen Modal (lanjutan)                                         Management Policies (continued)

     a.   Risiko Kredit (lanjutan)                                     a.   Credit Risk (continued)                                        a.   Risiko Kredit (lanjutan)                                      a.   Credit Risk (continued)

          Mengalami penurunan nilai (lanjutan)                              Impaired (continued)                                                Pengukuran Kerugian Kredit Ekspektasian                            Measurement          of    Credit     Loss      (ECL)
                                                                                                                                                (lanjutan)                                                         (continued)
          Analisa konsentrasi risiko kredit (lanjutan)                      Concentration of credit risk analysis (continued)
                                                                                                                                                Input utama ke dalam pengukuran kerugian                           The key inputs into the measurement of
          Konsentrasi risiko kredit dari kredit yang                        Concentration of credit risk of loans by type of                    kredit ekspektasian (KKE) adalah variabel-                         Expected Credit Loss (ECL) are the term
          diberikan berdasarkan jenis kredit, valuta dan                    loans, currency and economic sector is                              variabel berikut:                                                  structure of the following variables:
          sektor ekonomi diungkapkan pada Catatan 12.                       disclosed in Note 12.                                               1) probability of default (PD);                                    1) probability of default (PD);
                                                                                                                                                2) loss given default (LGD); dan                                   2) loss given default (LGD); and
          Stress Testing                                                    Stress Testing                                                      3) exposure at default (EAD).                                      3) exposure at default (EAD).

                                                                                                                                                Parameter ini umumnya berasal dari model                           These parameters are generally derived from
          Stress Testing adalah metode pengukuran                           Stress Testing is a method of risk measurement
                                                                                                                                                statistik yang dikembangkan secara internal                        internally developed statistical models and
          risiko dengan memperkirakan potensi kerugian                      by estimating the potential economic loss to the
                                                                                                                                                dan data historis lainnya. Parameter tersebut                      other historical data. They are adjusted to
          ekonomi Bank berdasarkan kondisi pasar                            Bank under abnormal market conditions in
                                                                                                                                                disesuaikan untuk mencerminkan informasi                           reflect forward-looking information as described
          abnormal untuk memastikan sensitivitas kinerja                    order to ascertain the sensitivity of the Bank’s
                                                                                                                                                forward-looking seperti yang dijelaskan di atas.                   above.
          Bank terhadap perubahan faktor risiko dan                         performances to changes in risk factors and to
          mengidentifikasi faktor yang mempengaruhi                         identify influencing factors that significantly
                                                                                                                                                Perkiraan PD adalah perkiraan pada tanggal                         PD estimates are estimates at a certain date,
          dan berdampak pada pendapatan dan modal                           impact the Bank’s revenue and capital.
                                                                                                                                                tertentu, yang dihitung berdasarkan model                          which are calculated based on statistical rating
          Bank secara signifikan.
                                                                                                                                                peringkat    statistik  mengenai       besarnya                    models regarding the probability/likelihood that
                                                                                                                                                peluang/kemungkinan akan terjadi gagal bayar                       a default will occur within a certain time frame.
          Dalam menghadapi kondisi fluktuasi nilai tukar                    In facing with the fluctuation of rupiah exchange
                                                                                                                                                dalam rentang waktu tertentu. Model statistik ini                  These statistical models are primarily based on
          rupiah terhadap Dolar Amerika Serikat, Bank                       rate to United States Dollar, Bank has
                                                                                                                                                utamanya didasarkan pada data yang                                 internally compiled data comprising both
          telah melakukan stress test terhadap nasabah                      conducted stress test to wholesale customers
                                                                                                                                                dikompilasi secara internal yang terdiri dari                      quantitative and qualitative factors and are
          wholesale yang memiliki eksposur kredit valas                     who have foreign currency credit exposure by
                                                                                                                                                faktor kuantitatif dan kualitatif dan dilengkapi                   supplemented by external credit assessment
          dengan melakukan beberapa skenario kurs.                          conducting several exchange rate scenarios.
                                                                                                                                                dengan data penilaian kredit eksternal jika                        data where available.
                                                                                                                                                tersedia.
          Informasi Forward Looking                                         Forward Looking Information
                                                                                                                                                LGD adalah besarnya kemungkinan kerugian                           LGD is the magnitude of the likely loss if there
          Bank menggunakan model statistik untuk                            Bank employs statistical models to incorporate                      jika terjadi gagal bayar. Bank memperkirakan                       is a default. The Bank estimates LGD
          memasukkan         variabel       makroekonomi                    macroeconomic variables (MEVs) into its                             parameter LGD berdasarkan LGD yang                                 parameters based on the the internally
          (macroeconomic variables/MEV) ke dalam                            historical default rate calculations. This                          dilakukan benchmark secara internal. Model                         benchmark LGD. The LGD models consider the
          perhitungan tingkat default historis. Pendekatan                  approach ensures that credit risk estimates                         LGD mempertimbangkan nilai jaminan yang                            forecasted collateral value and recovery costs
          ini memastikan bahwa estimasi risiko kredit                       reflect not only past performance but also                          diperkirakan dan biaya pemulihan dari setiap                       of any collateral that is integral to the financial
          tidak hanya mencerminkan kondisi masa lalu,                       anticipated future economic conditions.                             jaminan yang merupakan bagian integral dari                        asset.
          tetapi juga mempertimbangkan proyeksi kondisi                                                                                         aset keuangan.
          ekonomi di masa depan.
                                                                                                                                                EAD mewakili eksposur ekpektasian jika terjadi                     EAD represents the expected exposure in the
          Dalam penerapannya, Bank mengembangkan                            In practice, Bank develops a set of                                 gagal bayar. Bank memperoleh EAD dari                              event of a default. The Bank derives the EAD
          serangkaian skenario ekonomi, misalnya                            macroeconomic scenarios such as baseline,                           eksposur saat ini terhadap pihak lawan dan                         from the current exposure to the counterparty
          skenario dasar (baseline), optimis, dan pesimis,                  optimistic, and pessimistic covering indicators                     potensi perubahan pada nilai saat ini yang                         and potential changes to the current amount
          yang mencakup indikator seperti pertumbuhan                       including GDP growth, inflation, unemployment                       diizinkan berdasarkan kontrak termasuk                             allowed under the contract including
          PDB, inflasi, tingkat pengangguran, nilai tukar,                  rates, exchange rates, interest rates, and                          amortisasi. EAD dari aset keuangan adalah nilai                    amortisation. The EAD of a financial asset is its
          suku bunga, maupun harga komoditas. Setiap                        commodity prices. Each scenario is assigned a                       tercatat bruto. Untuk komitmen kredit dan                          gross     carrying   amount.    For     lending
          skenario diberi bobot probabilitas yang                           probability weight that reflects management’s                       financial guarantees, EAD mencakup jumlah                          commitments and financial guarantees, the
          mencerminkan        pandangan        manajemen                    current     outlook    and       forward-looking                    yang ditarik, serta jumlah potensial yang dapat                    EAD includes the amount drawn, as well as
          terhadap kondisi ekonomi terkini dan prospeksi                    expectations     regarding     the    economic                      ditarik di masa depan berdasarkan kontrak,                         potential future amounts that may be drawn
          ke depan.                                                         environment.                                                        yang diperkirakan berdasarkan pengamatan                           under the contract, which are estimated based
                                                                                                                                                historis dan perkiraan forward-looking.                            on historical observations and forward-looking
          Metodologi dan asumsi forward-looking                             The     methodologies     and    assumptions                                                                                           forecasts.
          tersebut dievaluasi serta ditinjau secara                         underlying these forward-looking inputs are
          berkala, untuk memastikan bahwa model tetap                       subject to regular review to ensure ongoing                         Perhitungan cadangan kerugian penurunan                            The expected credit loss (ECL) will be
          relevan, akurat, dan responsif terhadap                           relevance, accuracy, and responsiveness to                          nilai akan dihitung sesuai dengan tingkat risiko                   calculated according to the respective level of
          perubahan       dinamika     ekonomi.    Proses                   changes in economic dynamics. This review                           (staging) masing-masing, yaitu dengan 12                           risk (staging), 12 months ECL for stage 1
          peninjauan melibatkan pembaruan data MEV,                         process includes updates to MEV data, model                         bulan kedepan untuk stage 1 (performing),                          (performing), and lifetime ECL for stage 2
          evaluasi kinerja model, kalibrasi berkelanjutan,                  performance evaluation, periodic recalibration,                     serta selama umur tagihan (lifetime) untuk                         (under performing) and stage 3 (non-
          serta pengawasan oleh fungsi manajemen                            and oversight by risk management and internal                       stage 2 (under performing) dan stage 3 (non-                       performing).
          risiko dan tata kelola internal.                                  governance functions.                                               performing).

                                                             51                                                                                                                                     52
Page 177
                                                                                                                                                                                                                                                                                                                   The original financial statements included herein are in the Indonesian language.
                                                                                                                PT BANK QNB INDONESIA TBK                                                                                                                                                                                     PT BANK QNB INDONESIA TBK
                                                                                                             CATATAN ATAS LAPORAN KEUANGAN                                                                                                                                                                                NOTES TO THE FINANCIAL STATEMENTS
                                                                                                              Tanggal 31 Desember 2024 dan untuk                                                                                                                                                                               As of December 31, 2024 and
                                                                                                           Tahun yang Berakhir pada Tanggal Tersebut                                                                                                                                                                             for the Year Then Ended
                                                                                                                (Disajikan dalam jutaan Rupiah,                                                                                                                                                                              (Expressed in millions of Rupiah,
                                                                                                                    kecuali dinyatakan lain)                                                                                                                                                                                     unless otherwise stated)
                                                   3.              Kebijakan Manajemen Risiko Keuangan dan Manajemen Modal (lanjutan)                                                                                                                                                          3.    Financial Risk Management and Capital Management Policies (continued)
                                                                   b.         Risiko Pasar (lanjutan)                                                                                                                                                                                                 b.     Market Risk (continued)
                                                                              Risiko tingkat suku bunga                                                                                                                                                                                                      Interest rate risk
                                                                               Kegiatan usaha Bank dipengaruhi oleh risiko fluktuasi suku bunga terhadap aset                                                                                                                                               The Bank’s operations are subject to the risk of interest rate fluctuations to
                                                                               berbunga dan liabilitas berbunga (bukan untuk tujuan diperdagangkan) yang memiliki                                                                                                                                           the extent that interest-earning assets and interest-bearing liabilities (not for
                                                                               jatuh tempo pada saat yang berbeda-beda atau dalam jumlah yang beragam.                                                                                                                                                      trading purpose) mature at different times or in different amounts.
                                                                               Tabel di bawah ini menyajikan aset berbunga dan liabilitas berbunga (bukan untuk                                                                                                                                             The table below summarizes the Bank’s interest-earning assets and
                                                                               tujuan diperdagangkan) Bank pada nilai tercatat, yang dikategorikan menurut sisa                                                                                                                                             interest-bearing liabilities (not for trading purpose) at carrying amounts,
                                                                               jangka waktu sampai dengan tanggal jatuh tempo kontraktual:                                                                                                                                                                  categorized by remaining period to contractual maturity dates:
                                                                                                                                                                                                                                                                                  2025
                                                                                                                                                                                                                        Suku bunga mengambang/                                                                             Suku bunga tetap/
                                                                                                                                                                                                                          Floating interest rate                                                                           Fixed interest rate
                                                                                                                                                                       Nilai
                                                                                                                                                                     tercatat/                                          >3 - 12                     >1 - 2                                                              >3 - 12             >1 - 2
                                                                                                                                                                     Carrying                < 3 bulan/                 bulan/                     tahun/                     > 2 tahun/            < 3 bulan/          bulan/             tahun/          > 2 tahun/
                                                                                                                                                                     amount                   months                    months                      years                       years                months             months              years            years
                                                                                            Penempatan pada                                                                                                                                                                                                                                                                            Placements with
                                                                                               Bank Indonesia                                                                                                                                                                                                                                                                     Bank Indonesia and
                                                                                               dan bank lain                                                            1.241.384                            -                        -                            -                       -           1.241.384                                                                           other Banks
                                                                                            Efek-efek yang dibeli dengan                                                                                                                                                                                                                                                           Securities purchased
                                                                                               janji dijual kembali                                                        10.872                         -                       -                           -                           -               10.872                 -                     -              -     under agreements to resell
                                                                                            Kredit yang diberikan - neto                                                9.403.227                   601.065               4.089.805                   1.166.914                   1.758.886               46.647            24.886               103.566      1.611.458                      Loans - net
                                                                                            Efek-efek - neto                                                            1.481.150                         -                       -                           -                     341.234              881.625           258.291                     -              -                 Securities - net
                                                                                                                                                                       12.136.633                   601.065               4.089.805                  1.166.914                    2.100.120            2.180.528           283.177               103.566      1.611.458
                                                                                            Simpanan dari nasabah                                                       8.138.008                1.403.563                            -                            -                       -           6.473.808           260.637                     -                -      Deposits from customers
                                                                                            Simpanan dari bank lain                                                         3.351                        -                            -                            -                       -               3.351                 -                     -                -     Deposits from other banks
                                                                                                                                                                        8.141.359                1.403.563                            -                            -                       -           6.477.159           260.637                     -                -
                                                                                            Neto                                                                        3.995.274                  (802.498)              4.089.805                   1.166.914                   2.100.120           (4.296.631)           22.540               103.566      1.611.458                             Net
                                                                                                                                                                                                                                                                              54
                                                                                                           Capital




                                                                                                                                                                    including derivatives of these two type of risks.




                                                                                                                                                                                                                                  The Bank’s ALCO, which consists of the Board
                                                                                                                                                                    Bank that could incur losses for the Bank



                                                                                                                                                                    The objective of market risk management is to

                                                                                                                                                                    within acceptable parameters, while optimizing
                                                                                                                                                                    (adverse movements). Market variables are
                                                                                                                                                                    in market variables in portfolios held by the




                                                                                                                                                                                                                                  of Directors and selected members of senior



                                                                                                                                                                                                                                  implementation and execution. The main
                                                                                                                                                                    Market Risk is the risk arising from movement




                                                                                                                                                                                                                                  interest rate risk management policies and


                                                                                                                                                                                                                                  objective of ALCO is to optimize the Bank’s
                                                                                                                                                                    manage and control market risk exposures




                                                                                                                                                                                                                                  strategies in banking book and monitoring its
                                                                                                                                                                    defined as interest rates and exchange rates




                                                                                                                                                                                                                                  management, is responsible for determining
The original financial statements included herein are in the
                                      Indonesian language.


                                                               NOTES TO THE FINANCIAL STATEMENTS




                                                                                                                                                                                                                                  return within predetermined risk limits.
                                                                  (Expressed in millions of Rupiah,



                                                                                                           Financial Risk Management and
                                                                   PT BANK QNB INDONESIA TBK

                                                                    As of December 31, 2025 and


                                                                      unless otherwise stated)
                                                                      for the Year Then Ended




                                                                                                           Management Policies (continued)




                                                                                                                                                                    the return on risk.
                                                                                                                                                     Market Risk
                                                                                                                                                     b.
                                                                                                           3.




                                                                                                                                                                                                                                                                                                                                                                                                           53
                                                                                                                                                                    yang dimiliki oleh Bank yang dapat




                                                                                                                                                                    dan secara bersamaan mengoptimalkan hasil




                                                                                                                                                                                                                                  mengawasi penerapan dalam pelaksanaannya.

                                                                                                                                                                                                                                  mengoptimalkan hasil usaha Bank dengan
                                                                                                                                                                    Risiko pasar adalah risiko yang timbul dari




                                                                                                                                                                    mengelola dan mengendalikan eksposur risiko




                                                                                                                                                                                                                                  kebijakan dan strategi pengelolaan risiko
                                                                                                                                                                    menimbulkan kerugian bagi Bank (adverse




                                                                                                                                                                                                                                  tingkat suku bunga di banking book, serta



                                                                                                                                                                                                                                  tetap memperhatikan limit risiko yang telah
                                                                                                           Kebijakan Manajemen Risiko Keuangan dan




                                                                                                                                                                    pergerakan variabel pasar dalam portofolio



                                                                                                                                                                    sebagai suku bunga dan nilai tukar termasuk

                                                                                                                                                                    manajemen risiko pasar adalah untuk




                                                                                                                                                                                                                                                                        untuk
                                                                                                                                                                    pasar dalam parameter yang dapat diterima,




                                                                                                                                                                                                                                                                       senior
                                                                                                                                                                    derivatif dari kedua jenis risiko ini. Tujuan dari




                                                                                                                                                                                                                                  ALCO Bank yang beranggotakan Direksi dan
                                                                                                                                                                    movements). Variabel pasar didefinisikan




                                                                                                                                                                                                                                                                  menetapkan
                                                               Tahun yang Berakhir pada Tanggal Tersebut
                                                                 CATATAN ATAS LAPORAN KEUANGAN




                                                                                                                                                                    pengembalian atas risiko yang diterima.
                                                                  Tanggal 31 Desember 2025 dan untuk




                                                                                                                                                                                                                                                               adalah
                                                                                                                                                                                                                                                          manajemen
                                                                    PT BANK QNB INDONESIA TBK



                                                                    (Disajikan dalam jutaan Rupiah,
                                                                        kecuali dinyatakan lain)




                                                                                                                                                                                                                                                         untuk



                                                                                                                                                                                                                                                       ALCO
                                                                                                           Manajemen Modal (lanjutan)




                                                                                                                                                                                                                                                anggota
                                                                                                                                                                                                                                  bertanggungjawab



                                                                                                                                                                                                                                             utama
                                                                                                                                                     Risiko Pasar




                                                                                                                                                                                                                                  ditetapkan.
                                                                                                                                                                                                                                  beberapa




                                                                                                                                                                                                                                  Tujuan
                                                                                                                                                     b.
                                                                                                           3.
Page 178
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       The original financial statements included herein are in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     the Indonesian language.




                                                                                                                                                                                                                                                                                                                                                                                                                   Securities - net



                                                                                                                                                                                                                                                                                                                                                                                                                                                           Deposits from customers
                                                                                                                                                                                                                                                                                                                                                                                                                 Placements with


                                                                                                                                                                                                                                                                                                                                                                                                                      Loans - net




                                                                                                                                                                                                                                                                                                                                                                                                                                                         Deposits from other banks
                                                                                                                                                                                                                                                                                                                                                                                                                                                              Securities sold under




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Net
The original financial statements included herein are in the Indonesian language.




                                                                                                                                                                                                                                                                         The table below summarizes the Bank’s interest-earning assets and
                                                                                                                                                                                                                                                                         interest-bearing liabilities (not for trading purpose) at carrying amounts,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  PT BANK QNB INDONESIA TBK                                                           PT BANK QNB INDONESIA TBK




                                                                                                                                                                                                                                                                                                                                                                                                                    other banks




                                                                                                                                                                                                                                                                                                                                                                                                                                                          repurchase agreements
                                                                                                                                                                                                                                                                                                                                                                                                             Bank Indonesia and
                                                                                                                                                                                                                                                                         categorized by remaining period to contractual maturity dates: (continued)
                                                                                                                                Financial Risk Management and Capital Management Policies (continued)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE FINANCIAL STATEMENTS
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Tanggal 31 Desember 2025 dan untuk                                                     As of December 31, 2025 and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Tahun yang Berakhir pada Tanggal Tersebut                                                   for the Year Then Ended
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  (Disajikan dalam jutaan Rupiah,                                                    (Expressed in millions of Rupiah,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      kecuali dinyatakan lain)                                                           unless otherwise stated)
                                                                                    NOTES TO THE FINANCIAL STATEMENTS




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       3.    Kebijakan Manajemen Risiko Keuangan dan                                      3.     Financial Risk Management and                                   Capital
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Manajemen Modal (lanjutan)                                                          Management Policies (continued)
                                                                                       (Expressed in millions of Rupiah,
                                                                                        PT BANK QNB INDONESIA TBK

                                                                                         As of December 31, 2024 and


                                                                                           unless otherwise stated)
                                                                                           for the Year Then Ended




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             b.     Risiko Pasar (lanjutan)                                                      b.        Market Risk (continued)




                                                                                                                                                                                                                                                                                                                                                                                                                                            1.576.161
                                                                                                                                                                                                                                                                                                                                                                                                                       1.576.161




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    1.576.161
                                                                                                                                                                                                                                                                                                                                                                                                                               -

                                                                                                                                                                                                                                                                                                                                                                                                                               -



                                                                                                                                                                                                                                                                                                                                                                                                                                                         -
                                                                                                                                                                                                                                                                                                                                                                                                                                                         -

                                                                                                                                                                                                                                                                                                                                                                                                                                                                             -

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -
                                                                                                                                                                                                                                                                                                                                                                                                > 2 tahun/
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Risiko tingkat suku bunga (lanjutan)                                                   Interest rate risk (continued)




                                                                                                                                                                                                                                                                                                                                                                                                  years
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Secara keseluruhan, Bank memiliki aset yang                                            In general, the Bank have interest-earning
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    sebagian besar suku bunganya dapat                                                     assets that mostly can be adjusted anytime.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    disesuaikan sewaktu-waktu. Kondisi ini                                                 Therefore, interest rate risk in the banking book




                                                                                                                                                                                                                                                                                                                                                                                                                       216.150




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    216.150
                                                                                                                                                                                                                                                                                                                                                                                                                             -




                                                                                                                                                                                                                                                                                                                                                                                                                                                         -
                                                                                                                                                                                                                                                                                                                                                                                                                                                         -

                                                                                                                                                                                                                                                                                                                                                                                                                                                                             -

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -
                                                                                                                                                                                                                                                                                                                                                                                                                                            216.150
                                                                                                                                                                                                                                  Interest rate risk (continued)




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    menyebabkan risiko suku bunga dalam                                                    is relatively low as the asset can be repriced a


                                                                                                                                                                                                                                                                                                                                                                                              tahun/
                                                                                                                                                                                                                                                                                                                                                                                               years
                                                                                                                                                                                                                                                                                                                                                                                               >1 - 2
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    banking book relatif rendah karena aset dapat                                          head from liabilities.
                                                                                                                                                                                                        Market Risk (continued)




                                                                                                                                                                                                                                                                                                                                                                   Suku bunga tetap/
                                                                                                                                                                                                                                                                                                                                                                   Fixed interest rate
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    dilakukan penyesuaian lebih dulu dibandingkan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    kewajiban.




                                                                                                                                                                                                                                                                                                                                                                                                                                            1.487.632
                                                                                                                                                                                                                                                                                                                                                                                                                       321.900
                                                                                                                                                                                                                                                                                                                                                                                                                       177.444
                                                                                                                                                                                                                                                                                                                                                                                                                       988.288



                                                                                                                                                                                                                                                                                                                                                                                                                                                         296.149




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        296.149

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    1.191.483
                                                                                                                                                                                                                                                                                                                                                                                                                                                               -

                                                                                                                                                                                                                                                                                                                                                                                                                                                                             -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Tabel di bawah ini mengikhtisarkan kisaran                                             The tables below summarize the range of
                                                                                                                                                                                                                                                                                                                                                                                              months
                                                                                                                                                                                                                                                                                                                                                                                              >3 - 12
                                                                                                                                                                                                                                                                                                                                                                                              bulan/




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    suku bunga kontraktual dan suku bunga efektif                                          contractual interest rates and weighted average
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    rata-rata tertimbang setahun pada tanggal                                              effective interest rates per annum as of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    31 Desember 2025 dan 2024 untuk masing-                                                December 31, 2025 and 2024 for each financial
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    masing instrumen keuangan:                                                             instrument:




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    (3.423.073)
                                                                                                                                                                                                                                                                                                                                                                                                                                                           322.491

                                                                                                                                                                                                                                                                                                                                                                                                                                                                             95.873
                                                                                                                                                                                                                                                                                                                                                                                                                       1.014.401
                                                                                                                                                                                                                                                                                                                                                                                                                           1.105
                                                                                                                                                                                                                                                                                                                                                                                                                       1.031.818



                                                                                                                                                                                                                                                                                                                                                                                                                                                         5.052.033




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        5.470.397
                                                                                                                                                                                                                                                                                                                                                                                                                                            2.047.324
                                                                                                                                                                                                                                                                                                                                                                                                < 3 bulan/
                                                                                                                                                                                                                                                                                                                                                                                                 months




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  2025                                     2024
                                                                                                                                                                                                        b.




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Suku bunga           Rata-rata suku      Suku bunga              Rata-rata suku
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  kontraktual/         bunga efektif/      kontraktual/            bunga efektif/
                                                                                                                                3.




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Contractual        Average effective     Contractual            Average effective
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 interest rates        interest rates     interest rates           interest rates
                                                                                                                                                                                                                                                                                                                                                                                                                                            592.513
                                                                                                                                                                                                                                                                                                                                                                                                                       592.513




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    592.513
                                                                                                                                                                                                                                                                                                                                                                                                                             -

                                                                                                                                                                                                                                                                                                                                                                                                                             -



                                                                                                                                                                                                                                                                                                                                                                                                                                                         -
                                                                                                                                                                                                                                                                                                                                                                                                                                                         -

                                                                                                                                                                                                                                                                                                                                                                                                                                                                             -

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -
                                                                                                                                                                                                                                                                                                                                                                                                > 2 tahun/




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Aset                                                                                                                                                   Assets
                                                                                                                                                                                                                                                                                                                                                                                                  years
                                                                                                                                                                                                                                                                                                                                                            2024




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Rupiah:                                                                                                                                                Rupiah:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Penempatan pada Bank Indonesia                                                                                                Placements with Bank Indonesia




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  55
                                                                                                                                                                                                                                                                         Tabel di bawah ini menyajikan aset berbunga dan liabilitas berbunga (bukan untuk
                                                                                                                                                                                                                                                                         tujuan diperdagangkan) Bank pada nilai tercatat, yang dikategorikan menurut sisa




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               dan bank lain                       3,75% - 4,35%                 2,98%                5,25%                   2,38%                     and other banks
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Efek-efek yang dibeli dengan janji                                                                                                 Securities purchased under
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               dijual kembali                      3,75% - 4,35%                10,35%                   -                    7,61%                agreements to resell
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Kredit yang diberikan                 5,00% - 32,12%                 6,58%     1,10% - 35,40%                     7,27%                                 Loans
                                                                                                                                                                                                                                                                                                                                                                                                                       99.517




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    99.517
                                                                                                                                                                                                                                                                                                                                                                                                                            -

                                                                                                                                                                                                                                                                                                                                                                                                                            -



                                                                                                                                                                                                                                                                                                                                                                                                                                                         -
                                                                                                                                                                                                                                                                                                                                                                                                                                                         -

                                                                                                                                                                                                                                                                                                                                                                                                                                                                             -

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -
                                                                                                                                                                                                                                                                                                                                                                                                                                            99.517




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Efek-efek                                                                                                                                           Securities
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Obligasi pemerintah                         6,29%                 4,88%              6,04%                     7,06%                 Government bonds
                                                                                                                                                                                                                                                                                                                                                                   Suku bunga mengambang/



                                                                                                                                                                                                                                                                                                                                                                                              tahun/
                                                                                                                                                                                                                                                                                                                                                                                               years
                                                                                                                                                                                                                                                                                                                                                                                               >1 - 2




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Sekuritas Rupiah Bank Indonesia     6,69% - 7,38%                 7,13%      6,80% - 7,38%                     6,71%    Bank Indonesia Rupiah Securities
                                                                                                                                Kebijakan Manajemen Risiko Keuangan dan Manajemen Modal (lanjutan)




                                                                                                                                                                                                                                                                                                                                                                     Floating interest rate
                                                                                                                                                                                                                                                                         jangka waktu sampai dengan tanggal jatuh tempo kontraktual: (lanjutan)




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Wesel SKBDN                                 7,00%                      -             4,79%                          -                     Wesel SKBDN

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Valuta asing:                                                                                                                              Foreign currencies:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Penempatan pada Bank Indonesia                                                                                                 Placements with Bank Indonesia
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               dan bank lain                       4,06% - 4,07%                 0,00%              4,53%                     5,11%                    and other banks
                                                                                                                                                                                                                                                                                                                                                                                                                                            4.676.958
                                                                                                                                                                                                                                                                                                                                                                                                                         139.919
                                                                                                                                                                                                                                                                                                                                                                                                                       4.537.039




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    4.676.958
                                                                                                                                                                                                                                                                                                                                                                                                                               -




                                                                                                                                                                                                                                                                                                                                                                                                                                                         -
                                                                                                                                                                                                                                                                                                                                                                                                                                                         -

                                                                                                                                                                                                                                                                                                                                                                                                                                                                             -

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Kredit yang diberikan                  2,54% - 8,02%                 0,00%      2,54% - 7,66%                     6,66%                                 Loans
                                                                                    Tahun yang Berakhir pada Tanggal Tersebut




                                                                                                                                                                                                                                                                                                                                                                                              months




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Efek-efek                                                                                                                                           Securities
                                                                                                                                                                                                                                                                                                                                                                                              >3 - 12
                                                                                                                                                                                                                                                                                                                                                                                              bulan/




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Sekuritas Valas Bank Indonesia      5,08% - 5,45%                 0,00%                4,95%                   4,65%    Bank Indonesia Foreign Securities
                                                                                      CATATAN ATAS LAPORAN KEUANGAN
                                                                                       Tanggal 31 Desember 2024 dan untuk




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Liabilitas                                                                                                                                          Liabilities
                                                                                         PT BANK QNB INDONESIA TBK



                                                                                         (Disajikan dalam jutaan Rupiah,




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Rupiah:                                                                                                                                                Rupiah:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Simpanan dari nasabah                                                                                                                 Deposits from customers
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    (1.227.898)




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Giro                               0,00% - 5,25%                 0,00%      0,00% - 5,25%                     1,32%                    Demand deposits
                                                                                                                                                                                                                                                                                                                                                                                                                                            765.798
                                                                                             kecuali dinyatakan lain)




                                                                                                                                                                                                                                                                                                                                                                                                                       765.798




                                                                                                                                                                                                                                                                                                                                                                                                                                                         1.993.696




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        1.993.696
                                                                                                                                                                                                                                                                                                                                                                                                                             -

                                                                                                                                                                                                                                                                                                                                                                                                                             -




                                                                                                                                                                                                                                                                                                                                                                                                                                                                 -

                                                                                                                                                                                                                                                                                                                                                                                                                                                                             -




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Tabungan                           0,00% - 4,00%                 0,00%      0,00% - 5,50%                     1,55%                     Saving deposits
                                                                                                                                                                                                                                                                                                                                                                                                < 3 bulan/
                                                                                                                                                                                                                                                                                                                                                                                                 months




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Deposito berjangka dan                                                                                                               Time deposits and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    deposito on call               2,00% - 6,25%                 0,00%      0,50% - 7,00%                     4,72%                 on all deposits
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Simpanan dari bank lain                                                                                                             Deposits from other banks
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Giro                                       0,00%                 0,00%                0,00%                   0,00%                    Demand deposits
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Interbank call money                                -                     -                    -                  8,82%                   Interbank call money
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Efek-efek yang dijual dengan                                                                                                             Securities sold under
                                                                                                                                                                                                                                  Risiko tingkat suku bunga (lanjutan)




                                                                                                                                                                                                                                                                                                                                                                                                                                                           322.491

                                                                                                                                                                                                                                                                                                                                                                                                                                                                             95.873
                                                                                                                                                                                                                                                                                                                                                                                                                       1.336.301
                                                                                                                                                                                                                                                                                                                                                                                                                       7.965.727
                                                                                                                                                                                                                                                                                                                                                                                                                       2.160.025

                                                                                                                                                                                                                                                                                                                                                                                                                                            11.462.053

                                                                                                                                                                                                                                                                                                                                                                                                                                                         7.341.878




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        7.760.242

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    3.701.811




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                janji dibeli kembali                       6.25%                 0,00%                6,25%                   4,86%             repurchase agreements
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Pinjaman yang diterima                                                                         -                       -                           Borrowings
                                                                                                                                                                                                                                                                                                                                                                                        Carrying
                                                                                                                                                                                                                                                                                                                                                                                        tercatat/

                                                                                                                                                                                                                                                                                                                                                                                        amount
                                                                                                                                                                                                                                                                                                                                                                                          Nilai




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Valuta asing:                                                                                                                               Foreign currencies:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Simpanan dari nasabah                                                                                                                 Deposits from customers
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Giro                                0,00% - 4,80%                 0,00%      0,00% - 5,35%                     1,03%                    Demand deposits
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Deposito berjangka dan                                                                                                                 Time deposits and
                                                                                                                                                                                                                                                                                                                                                                                                                                                         Efek-efek yang dijual dengan




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   deposito on call                0,50% - 6,10%                 0,00%      0,00% - 6,15%                     5,24%                      on call deposits
                                                                                                                                                                                                                                                                                                                                                                                                             Kredit yang diberikan - neto
                                                                                                                                                                                                        Risiko Pasar (lanjutan)




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Simpanan dari bank lain                                                                                                              Deposits from other banks
                                                                                                                                                                                                                                                                                                                                                                                                                                                         Simpanan dari bank lain




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Giro                                        0,00%                 0,00%                0,00%                   0,01%
                                                                                                                                                                                                                                                                                                                                                                                                                                                         Simpanan dari nasabah




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Demand deposits
                                                                                                                                                                                                                                                                                                                                                                                                                                                            janji dibeli kembali




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Interbank call money                             -                0,00%                4,80%                   2,49%                Interbank call money
                                                                                                                                                                                                                                                                                                                                                                                                                Bank Indonesia
                                                                                                                                                                                                                                                                                                                                                                                                             Penempatan pada

                                                                                                                                                                                                                                                                                                                                                                                                                dan bank lain

                                                                                                                                                                                                                                                                                                                                                                                                             Efek-efek - neto




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Neto
                                                                                                                                                                                                        b.




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    56
                                                                                                                                3.
Page 179
                                                                              The original financial statements included herein are in                                                                                                           The original financial statements included herein are in
                                                                                                            the Indonesian language.                                                                                                                                           the Indonesian language.

          PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK                                             PT BANK QNB INDONESIA TBK                                                                        PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS                                      CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025 and                                        Tanggal 31 Desember 2025 dan untuk                                                                  As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended                                       Tahun yang Berakhir pada Tanggal Tersebut                                                                for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                   (Expressed in millions of Rupiah,                                      (Disajikan dalam jutaan Rupiah,                                                                 (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                          unless otherwise stated)                                               kecuali dinyatakan lain)                                                                        unless otherwise stated)


3.   Kebijakan Manajemen Risiko Keuangan dan                        3.   Financial Risk Management and                       Capital     3.   Kebijakan Manajemen Risiko Keuangan dan                                               3.      Financial Risk Management and                                       Capital
     Manajemen Modal (lanjutan)                                          Management Policies (continued)                                      Manajemen Modal (lanjutan)                                                                    Management Policies (continued)

     b.   Risiko Pasar (lanjutan)                                        b.    Market Risk (continued)                                        c.   Risiko Likuiditas (lanjutan)                                                             c.     Liquidity Risk (continued)

          Risiko tingkat suku bunga (lanjutan)                                 Interest rate risk (continued)                                      Bank       juga     senantiasa  memelihara                                                      The Bank also maintains its ability to access
                                                                                                                                                   kemampuannya untuk memiliki akses ke pasar                                                      money market by maintaining relationship with
          Analisa sensitivitas atas risiko tingkat suku                        Sensitivity analysis on interest rate                               uang dengan selalu memelihara hubungan                                                          correspondent banks. The Bank also regularly
          bunga                                                                                                                                    dengan bank-bank koresponden. Bank juga                                                         monitors all situations above and takes some
                                                                                                                                                   secara berkala memonitor seluruh keadaan di                                                     actions to achieve funding diversifications.
          Pengelolaan risiko tingkat suku bunga                                The management of interest rate risk is                             atas dan mengambil tindakan agar terdapat
          dilengkapi     dengan       pemantauan   atas                        supplemented by monitoring the sensitivity of                       diversifikasi pendanaan.
          sensitivitas terhadap aset dan liabilitas                            the Bank’s financial assets and liabilities which
          keuangan Bank yang memiliki tingkat suku                             have floating and fixed interest rate to various                    Tabel di bawah ini menunjukkan sisa jatuh                                                       The table below shows the remaining
          bunga mengambang dan tetap terhadap                                  interest rate scenarios. Standard scenarios that                    tempo kontraktual dari liabilitas keuangan                                                      contractual maturities of financial liabilities
          berbagai skenario suku bunga. Skenario                               are considered on a quarterly basis include a                       berdasarkan pada arus kas yang tidak                                                            based on undiscounted cash flow as of
          standar     yang     dipertimbangkan   secara                        100 basis point (bp) parallel fall or rise in all yield             didiskontokan pada tanggal 31 Desember 2025                                                     December 31, 2025 and 2024:
          triwulanan meliputi penurunan atau kenaikan                          curves. An analysis of the Bank’s sensitivity to                    dan 2024:
          yield curve secara paralel sebesar 100 basis                         increase or decrease in market interest rates,
          poin (bp). Analisa sensitivitas Bank atas                            assuming no asymmetrical movement in yield                                                                                                    2025

          kenaikan atau penurunan tingkat suku bunga                           curves and a constant financial position, is as                                                                       Nilai nominal
          pasar, dengan asumsi tidak terdapat                                  follows (unaudited):                                                                                                 bruto arus kas
                                                                                                                                                                                                        masuk
          perubahan asimetris pada kurva imbal hasil                                                                                                                            Nilai tercatat/     (keluar)/Gross      Kurang dari 1
          dan posisi keuangan yang konstan, adalah                                                                                                                                Carrying
                                                                                                                                                                                   amount
                                                                                                                                                                                                   nominal inflow
                                                                                                                                                                                                       (outflow)
                                                                                                                                                                                                                       bulan/Less than
                                                                                                                                                                                                                           1 month
                                                                                                                                                                                                                                                  1 - 3 bulan/
                                                                                                                                                                                                                                                    months
                                                                                                                                                                                                                                                                     > 3 - 12 bulan/
                                                                                                                                                                                                                                                                         months
          sebagai berikut (tidak diaudit):
                                                                                                                                                   Liabilitas non-derivatif                                                                                                                  Non-derivative liabilities
                                                                                                                                                   Liabilitas segera                    (13.349)            (13.349)            (13.349)                         -                     - Liabilities payable on demand
                                                 100 bp             100 bp                                                                         Liabilitas akseptasi                 (87.889)            (87.889)            (87.889)                         -                     -           Acceptance payables
                                            kenaikan/increase penurunan/decrease                                                                   Beban masih harus dibayar
                                                                                                                                                     dan liabilitas lain-lain         (167.775)            (167.775)           (167.775)                        -                   -       Accruals and other liabilities
          Kenaikan (penurunan)                                                                                                                     Simpanan dari nasabah            (8.138.008)          (8.205.208)         (6.536.286)               (1.400.360)           (268.562)         Deposits from customers
                                                                                                                                                   Simpanan dari bank lain              (3.351)              (3.358)             (3.358)                        -                   -        Deposits from other banks
           pada bunga - neto                                                                     Increase (decrease) in net interest
           Tahun yang berakhir pada                                                                          For the year ended                                                     (8.410.372)          (8.477.579)         (6.808.657)               (1.400.360)          (268.562)
            tanggal 31 Desember 202543.649                                     (43.649)                     December 31, 2025
           Tahun yang berakhir pada                                                                          For the year ended                    Liabilitas derivatif                                                                                                                            Derivative liabilities
            tanggal 31 Desember 202441.987                                     (41.987)                     December 31, 2024                      Diperdagangkan:                       (9.013)             (9.013)                (8.876)                  (137)                     --                       Trading:

                                                                                                                                                                                         (9.013)             (9.013)                (8.876)                  (137)                     --
     c.   Risiko Likuiditas                                              c.    Liquidity Risk
                                                                                                                                                   Total                            (8.419.385)          (8.486.592)         (6.817.533)               (1.400.497)           (268.562)                              Total

          Pengelolaan likuiditas Bank ditekankan pada                          The focus of the Bank’s liquidity management
          penyesuaian arus kas masuk dan keluar.                               is to match the cash inflows and cash outflows.                                                                                               2024
          Kesenjangan arus kas diantisipasi melalui                            The gap between cash flows will be anticipated
                                                                                                                                                                                                     Nilai nominal
          pemeliharaan cadangan likuiditas primer yang                         with the proper maintenance of primary liquidity                                                                     bruto arus kas
          memadai sesuai dengan perkiraan arus kas                             reserve in accordance with proforma cash flows                                                                           masuk
                                                                                                                                                                                Nilai tercatat/     (keluar)/Gross      Kurang dari 1
          dan struktur liabilitas yang ada. Pemeliharaan                       and existing liabilities structure. Maintenance of                                                 Carrying         nominal inflow      bulan/Less than            1 - 3 bulan/       > 3 - 12 bulan/
          cadangan        likuiditas    primer      meliputi                   primary     liquidity     reserve    consists   of                                                  amount              (outflow)           1 month                  months               months
          pemeliharaan cadangan wajib pada tingkat                             maintenance of reserve requirement that                             Liabilitas non-derivatif                                                                                                                  Non-derivative liabilities
          yang optimal yang ditetapkan OJK serta                               should be in optimal level based on OJK                             Liabilitas segera                    (21.022)            (21.022)            (21.022)                         -                     - Liabilities payable on demand
                                                                                                                                                   Beban masih harus dibayar
          pemeliharaan efek-efek berjangka pendek yang                         regulation and short-term highly liquid                               dan liabilitas lain-lain         (221.201)            (221.201)           (221.201)                        -                   -       Accruals and other liabilities
          sangat likuid seperti Sertifikat Bank Indonesia                      securities, such as Certificates of Bank                            Simpanan dari nasabah            (7.341.878)          (7.406.036)         (5.244.410)               (1.854.531)           (307.095)         Deposits from customers
                                                                                                                                                   Simpanan dari bank lain            (322.491)            (322.491)           (322.491)                        -                   -        Deposits from other banks
          dan instrumen operasi moneter Bank Indonesia                         Indonesia and other Bank Indonesia monetary                         Efek-efek yang dijual dengan                                                                                                                   Securities sold under
          lainnya. Bank juga memelihara cadangan                               operation instruments. The Bank also maintains                        janji dibeli kembali               (95.873)            (95.990)            (95.990)                         -                     -      repurchase agreements

          likuiditas sekunder yang terdiri dari penempatan                     secondary liquidity reserve, which consists of                                                       (8.002.465)          (8.066.740)         (5.905.114)               (1.854.531)           (307.095)
          dana jangka pendek di Bank Indonesia serta                           short-term placements with Bank Indonesia and
          efek-efek berjangka panjang yang likuid seperti                      liquid long-term securities such as government                      Liabilitas derivatif                                                                                                                            Derivative liabilities
          obligasi pemerintah. Pengelolaan likuiditas juga                     bonds. Liquidity management is also conducted                       Diperdagangkan:                       (7.775)             (7.775)                     (58)              (7.586)               (131)                          Trading:

          dilakukan melalui pengelolaan struktur sumber                        through financial resources structure, such as                                                            (7.775)             (7.775)                     (58)              (7.586)               (131)
          dana dengan menerapkan limit konsentrasi                             by applying the depositor concentration limit
                                                                                                                                                   Total                            (8.010.240)          (8.074.515)         (5.905.172)               (1.862.117)           (307.226)                              Total
          deposan       dan       berusaha      mengurangi                     and trying to reduce the dependence on high
          ketergantungannya pada dana mahal seperti                            cost fund such as time deposits and replace it
          deposito berjangka dan menggantinya dengan                           with lower cost fund such as demand deposits
          sumber dana murah seperti giro dan tabungan.                         and saving deposits.


                                                               57                                                                                                                                                       58
Page 180
                                                                                                             The original financial statements included herein are in                                                                                                                        The original financial statements included herein are in the
                                                                                                                                           the Indonesian language.                                                                                                                                                                Indonesian language.

          PT BANK QNB INDONESIA TBK                                                                          PT BANK QNB INDONESIA TBK                                                          PT BANK QNB INDONESIA TBK                                                                         PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE FINANCIAL STATEMENTS                                                   CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                                    As of December 31, 2025 and                                                     Tanggal 31 Desember 2025 dan untuk                                                                   As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                                                  for the Year Then Ended                                                    Tahun yang Berakhir pada Tanggal Tersebut                                                                 for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                                                   (Expressed in millions of Rupiah,                                                   (Disajikan dalam jutaan Rupiah,                                                                  (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                                                          unless otherwise stated)                                                            kecuali dinyatakan lain)                                                                         unless otherwise stated)


3.   Kebijakan Manajemen Risiko Keuangan dan                                                       3.   Financial Risk Management and                                    Capital      3.   Kebijakan Manajemen Risiko Keuangan dan                                                      3.   Financial Risk Management and                                      Capital
     Manajemen Modal (lanjutan)                                                                         Management Policies (continued)                                                    Manajemen Modal (lanjutan)                                                                        Management Policies (continued)

     c.    Risiko Likuiditas (lanjutan)                                                                 c.     Liquidity Risk (continued)                                                  c.    Risiko Likuiditas (lanjutan)                                                                c.      Liquidity Risk (continued)
           Tabel di atas menyajikan arus kas yang tidak                                                        The above table shows the undiscounted cash
                                                                                                                                                                                                 Analisa jatuh tempo                   aset         dan     liabilitas                               Maturity gap analysis of financial assets and
           didiskontokan dari liabilitas keuangan Bank                                                         flows on the Bank’s financial liabilities on the
                                                                                                                                                                                                 keuangan (lanjutan)                                                                                 liabilities (continued)
           berdasarkan periode jatuh tempo kontraktual                                                         basis of their earliest possible contractual
           yang paling dekat. Arus kas atas instrumen                                                          maturity. The Bank’s expected cash flows on
                                                                                                                                                                                                 Tabel di bawah menganalisa nilai tercatat aset                                                      The table below analysis the carrying amount of
           keuangan yang diharapkan Bank bervariasi                                                            these instruments vary significantly from this
                                                                                                                                                                                                 dan liabilitas keuangan Bank ke dalam                                                               financial assets and liabilities of the Bank into
           secara signifikan dari analisa ini. Sebagai                                                         analysis. For example, deposits from
                                                                                                                                                                                                 kelompok jatuh tempo berdasarkan sisa jangka                                                        maturity time bands based on remaining period
           contoh, simpanan dari nasabah diharapkan                                                            customers are expected to maintain a stable or
                                                                                                                                                                                                 waktu sampai dengan tanggal jatuh tempo                                                             to contractual maturity dates as of December
           memiliki saldo yang stabil atau meningkat.                                                          increasing balance.
                                                                                                                                                                                                 kontraktual pada tanggal 31 Desember 2025                                                           31, 2025 and 2024: (continued)
           Nilai nominal arus kas masuk (keluar) yang                                                          The nominal inflow (outflow) disclosed in the                                     dan 2024: (lanjutan)
           diungkapkan pada tabel di atas menyajikan                                                           above table represents the contractual                                                                                                                       2025
           arus kas kontraktual yang tidak didiskontokan                                                       undiscounted cash flows relating to the
           terkait dengan nilai pokok dan bunga dari                                                           principal and interest on the financial liability.                                                                        Tanpa
                                                                                                                                                                                                                                        tanggal
           liabilitas keuangan.                                                                                                                                                                                                      jatuh tempo
                                                                                                                                                                                                                                     kontraktual/
                                                                                                                                                                                                                                      Without a
           Analisa jatuh              tempo       aset         dan     liabilitas                              Maturity gap analysis of financial assets and                                                       Nilai tercatat/   contractual                                             > 3 - 12           >1-2
           keuangan                                                                                            liabilities                                                                                           Carrying          maturity         < 1 bulan/       1 - 3 bulan/        bulan/             tahun/       > 2 tahun/
                                                                                                                                                                                                                      amount              date            month            months            months              years         years

           Tabel di bawah menganalisa nilai tercatat aset                                                      The table below analysis the carrying amount of                                                                                                                                                                                        Liabilities payable
           dan liabilitas keuangan Bank ke dalam                                                               financial assets and liabilities of the Bank into                           Liabilitas segera              13.349            13.349                -                 -                   -                -                -                on demand
                                                                                                                                                                                           Simpanan dari nasabah       8.138.008         1.403.563        5.095.769         1.378.039             260.637                -                -   Deposits from customers
           kelompok jatuh tempo berdasarkan sisa jangka                                                        maturity time bands based on remaining period                               Simpanan dari bank lain         3.351                 -            3.351                 -                   -                -                -  Deposits from other banks
           waktu sampai dengan tanggal jatuh tempo                                                             to contractual maturity dates as of                                         Liabilitas akseptasi           87.889                 -           24.040             2.922              60.927                -                -       Acceptance payables
                                                                                                                                                                                           Liabilitas derivatif            9.013                              8.876               137                   -                -                -        Derivative payables
           kontraktual pada tanggal 31 Desember 2025                                                           December 31, 2025 and 2024:                                                 Efek-efek yang diterbitkan          -                    -             -                 -                   -                -                - Marketable securities issued
           dan 2024:                                                                                                                                                                       Efek-efek yang dijual
                                                                                                                                                                                              dengan janji dibeli                                                                                                                                   Securities sold under
                                                                                       2025                                                                                                   kembali                          -                    -                -                  -                 -              -                -      repurchase agreements
                                                                                                                                                                                           Beban masih harus dibayar
                                                    Tanpa                                                                                                                                     dan liabilitas lain-lain   167.775                    -       167.775                     -                 -              -                - Accruals and other liabilities
                                                   tanggal
                                                jatuh tempo                                                                                                                                Total liabilitas keuangan    8.419.385        1.416.912        5.299.811         1.381.098             321.564                -                -    Total financial liabilities
                                                kontraktual/
                                                 Without a                                                                                                                                 Selisih                      4.351.774       (1.006.395)       (3.225.384)        (517.482)        4.112.164          1.270.480      3.718.392                     Difference
                             Nilai tercatat/    contractual                                             > 3 - 12          >1-2
                               Carrying           maturity         < 1 bulan/       1 - 3 bulan/        bulan/            tahun/       > 2 tahun/
                                amount               date            month            months            months             years         years
                                                                                                                                                                                                                                                                          2024
     Kas                              28.522          28.522                    -                  -                -              -                -                          Cash
     Giro pada Bank                                                                                                                                          Current accounts with
                                                                                                                                                                                                                                         Tanpa
        Indonesia                    364.492         364.492                    -                  -                -              -                -            Bank Indonesia
                                                                                                                                                                                                                                        tanggal
     Giro pada bank lain                                                                                                                                     Current accounts with
                                                                                                                                                                                                                                     jatuh tempo
        - neto                        17.503          17.503                    -                  -                -              -                -           other banks - net
                                                                                                                                                                                                                                     kontraktual/
     Penempatan pada                                                                                                                                               Placements with
                                                                                                                                                                                                                                      Without a
        Indonesia dan                                                                                                                                       Bank Indonesia and
                                                                                                                                                                                                                   Nilai tercatat/   contractual                                             > 3 - 12           >1-2
        bank lain                   1.241.384                  -     1.241.384                  -                 -                -                -                other banks
                                                                                                                                                                                                                     Carrying          maturity         < 1 bulan/       1 - 3 bulan/        bulan/             tahun/       > 2 tahun/
     Tagihan derivatif                    590                  -           434                151                 5                -                -        Derivative receivables
                                                                                                                                                                                                                      amount              date            month            months            months              years         years
     Tagihan akseptasi                 87.678                  -        24.021              2.919            60.739                -                -      Acceptance receivables
     Efek-efek yang dibeli                                                                                                                              Securities purchased under
                                                                                                                                                                                           Kas                             36.917          36.917                    -                  -                 -              -                -                         Cash
     dengan janji dijual kembali      10.872                   -        10.872                     -                -              -                -      agreements to resell
                                                                                                                                                                                           Giro pada Bank                                                                                                                                          Current accounts with
     Kredit yang diberikan
                                                                                                                                                                                              Indonesia                   410.213         410.213                    -                  -                 -              -                -           Bank Indonesia
        - neto                      9.403.227                  -        52.761           594.950         4.114.693         1.270.480      3.370.343                    Loans - net
                                                                                                                                                                                           Giro pada bank lain                                                                                                                                     Current accounts with
     Efek-efek                      1.481.150                  -       616.028           265.597           258.291                 -        341.234                     Securities
                                                                                                                                                                                              - neto                       38.811          38.811                    -                  -                 -              -                -          other banks - net
     Aset lain-lain*)                 135.741                  -       128.926                 -                 -                 -          6.815                 Other assets*)
                                                                                                                                                                                           Penempatan pada                                                                                                                                              Placements with
                                                                                                                                                                                              Indonesia dan                                                                                                                                       Bank Indonesia and
     Total aset keuangan           12.771.160        410.517         2.074.426           863.617         4.433.728         1.270.480      3.718.392         Total financial assets
                                                                                                                                                                                              bank lain                 1.336.301                   -     1.014.401                  -            321.900                -                -                other banks
                                                                                                                                                                                           Tagihan derivatif                3.269                   -         3.028                 67                174                -                -        Derivative receivables
                                                                                                                                                                                           Kredit yang diberikan
      *)   Aset lain-lain terdiri dari tagihan atas transaksi agunan yang                                      *)       Other assets consist of receivables from foreclosed                   - neto                    7.965.727                   -       133.923           632.980         4.714.483            315.668      2.168.673                    Loans - net
           diambil alih, piutang bunga, setoran jaminan, dan piutang                                                    assets transactions, interest receivables, security                Efek-efek                    2.160.025                   -       509.285           522.533         1.128.207                  -              -                     Securities
           lain-lain.                                                                                                   deposits, and other receivables                                    Aset lain-lain*)               100.817                   -        84.752                 -             9.246                  -          6.819                 Other assets*)

                                                                                                                                                                                           Total aset keuangan         12.052.080         485.941         1.745.389         1.155.580         6.174.010            315.668      2.175.492         Total financial assets


                                                                                                                                                                                            *)   Aset lain-lain terdiri dari tagihan atas transaksi agunan yang                                      *)       Other assets consist of receivables from foreclosed
                                                                                                                                                                                                 diambil alih, piutang bunga, setoran jaminan, dan piutang                                                    assets transactions, interest receivables, security
                                                                                                                                                                                                 lain-lain.                                                                                                   deposits, and other receivables




                                                                                      59                                                                                                                                                                                   60
Page 181
                                                                                                    The original financial statements included herein are in the                                                                                                The original financial statements included herein are in the
                                                                                                                                          Indonesian language.                                                                                                                                        Indonesian language.

          PT BANK QNB INDONESIA TBK                                                                      PT BANK QNB INDONESIA TBK                                                             PT BANK QNB INDONESIA TBK                                             PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE FINANCIAL STATEMENTS                                                      CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                                As of December 31, 2025 and                                                        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                                              for the Year Then Ended                                                       Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                                               (Expressed in millions of Rupiah,                                                      (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                                                      unless otherwise stated)                                                               kecuali dinyatakan lain)                                             unless otherwise stated)


3.   Kebijakan Manajemen Risiko Keuangan dan                                                   3.   Financial Risk Management and                                       Capital      4.   Penggunaan         Estimasi     dan     Pertimbangan             4.   Use of Estimates and Judgments
     Manajemen Modal (lanjutan)                                                                     Management Policies (continued)                                                       (lanjutan)

     c.   Risiko Likuiditas (lanjutan)                                                              c.      Liquidity Risk (continued)                                                    a.   Sumber utama atas ketidakpastian estimasi                        a.   Key sources of estimation uncertainty
                                                                                                                                                                                               (lanjutan)
          Analisa jatuh tempo                  aset         dan     liabilitas                              Maturity gap analysis of financial assets and
          keuangan (lanjutan)                                                                               liabilities (continued)                                                            (i)   Cadangan kerugian penurunan nilai atas                          (i)   Allowances for impairment losses of
                                                                                                                                                                                                     aset keuangan (lanjutan)                                              financial assets
          Tabel di bawah menganalisa nilai tercatat aset                                                    The table below analysis the carrying amount of
          dan liabilitas keuangan Bank ke dalam                                                             financial assets and liabilities of the Bank into                                        Cadangan kerugian penurunan nilai terkait                             The specific counterparty component of
          kelompok jatuh tempo berdasarkan sisa jangka                                                      maturity time bands based on remaining period                                            dengan pihak lawan spesifik dalam seluruh                             the total allowances for impairment applies
          waktu sampai dengan tanggal jatuh tempo                                                           to contractual maturity dates as of December                                             cadangan kerugian penurunan nilai                                     to claims evaluated individually for
          kontraktual pada tanggal 31 Desember 2025                                                         31, 2025 and 2024: (continued)                                                           dibentuk atas tagihan yang penurunan                                  impairment      and    is   based     upon
          dan 2024: (lanjutan)                                                                                                                                                                       nilainya dievaluasi secara individual                                 management’s best estimate of the
                                                                                                                                                                                                     berdasarkan estimasi terbaik manajemen                                present value of the cash flows that are
                                                                                                                                                                                                     atas nilai tunai arus kas yang diharapkan                             expected to be received. In estimating
                                                                                 2024
                                                                                                                                                                                                     akan diterima. Dalam mengestimasi arus                                these cash flows, management makes
                                                 Tanpa                                                                                                                                               kas      ini,    manajemen       membuat                              judgments about the counterparty’s
                                                tanggal
                                             jatuh tempo                                                                                                                                             pertimbangan mengenai kondisi keuangan                                financial situation and the net realizable
                                             kontraktual/                                                                                                                                            dari pihak lawan dan nilai bersih yang                                value of any underlying collateral. Each
                                              Without a
                           Nilai tercatat/   contractual                                            > 3 - 12            >1-2                                                                         dapat direalisasi dari agunan yang                                    impaired asset is assessed on its merits,
                             Carrying          maturity         < 1 bulan/      1 - 3 bulan/        bulan/              tahun/       > 2 tahun/                                                      diterima. Setiap aset yang mengalami                                  and the workout strategy and estimate of
                              amount              date            month           months            months               years         years
                                                                                                                                                                                                     penurunan nilai dievaluasi, dan strategi                              cash flows considered recoverable are
                                                                                                                                                                                                     penyelesaiannya serta estimasi arus kas                               independently approved by the Credit
                                                                                                                                                                                                     yang dinilai dapat diperoleh kembali secara                           Department.
                                                                                                                                                              Liabilities payable
     Liabilitas segera              21.022          21.022                -                -                   -                 -                -                on demand                         independen disetujui oleh Departemen
     Simpanan dari nasabah       7.341.878       1.993.696        3.226.504        1.825.529             296.149                 -                -    Deposits from customers                       Kredit.
     Simpanan dari bank lain       322.491             591                -                -             321.900                 -                -   Deposits from other banks
     Liabilitas derivatif            7.775               -            7.586               58                 131                 -                -        Derivative payables
     Efek-efek yang dijual                                                                                                                                                                           Evaluasi cadangan kerugian penurunan                                  Collectively      assessed        impairment
        dengan janji dibeli                                                                                                                                Securities sold under
        kembali                     95.873                  -        95.873                    -                  -              -                -    repurchase agreements                         nilai secara kolektif meliputi kerugian kredit                        allowances cover credit losses inherent in
     Beban masih harus dibayar                                                                                                                                                                       yang melekat pada portofolio tagihan                                  portfolios of claims with similar economic
        dan liabilitas lain-lain   221.201                  -       221.201                    -                  -              -                - Accruals and other liabilities
                                                                                                                                                                                                     dengan karakteristik ekonomi yang serupa                              characteristics when there is objective
     Total liabilitas keuangan   8.010.240       2.015.309        3.551.164        1.825.587             618.180                 -                -    Total financial liabilities                   ketika terdapat bukti obyektif bahwa telah                            evidence to suggest that they contain
     Selisih                     4.041.840      (1.529.368)       (1.805.775)       (670.007)        5.555.830            315.668       2.175.492                     Difference                     terjadi penurunan nilai tagihan dalam                                 impaired claims, but the individual impaired
                                                                                                                                                                                                     portofolio tersebut namun penurunan nilai                             items cannot yet be identified. In assessing
                                                                                                                                                                                                     secara individu belum dapat diidentifikasi.                           the need for collective loan loss
                                                                                                                                                                                                     Dalam menentukan perlunya membentuk                                   allowances,      management         considers
4.   Penggunaan Estimasi dan Pertimbangan                                                      4.   Use of Estimates and Judgments                                                                   cadangan kerugian penurunan nilai kredit                              factors such as credit quality, portfolio size,
                                                                                                                                                                                                     secara          kolektif,         manajemen                           credit concentrations and economic
     Pengungkapan ini merupakan tambahan atas                                                       These disclosures supplement the commentary on                                                   mempertimbangkan faktor-faktor seperti                                factors.
     pembahasan tentang manajemen risiko keuangan                                                   financial risk management (Note 3).                                                              kualitas kredit, besarnya portofolio,
     (Catatan 3).                                                                                                                                                                                    konsentrasi kredit dan faktor-faktor
                                                                                                                                                                                                     ekonomi.
     a.   Sumber utama atas ketidakpastian estimasi                                                 a.      Key sources of estimation uncertainty
                                                                                                                                                                                                     Dalam mengestimasi cadangan yang                                      In order to estimate the required
          (i)   Cadangan kerugian penurunan nilai atas                                                      (i)       Allowances for impairment losses of                                            dibutuhkan, asumsi-asumsi dibuat untuk                                allowance, assumptions are made to
                aset keuangan                                                                                         financial assets                                                               menentukan model kerugian bawaan dan                                  define the way inherent losses are
                                                                                                                                                                                                     untuk menentukan parameter input yang                                 modeled and to determine the required
                Evaluasi atas kerugian penurunan nilai aset                                                           Allowances for impairment losses of                                            diperlukan, berdasarkan pengalaman                                    input parameters, based on historical
                keuangan yang dicatat pada biaya                                                                      financial assets accounted for at amortized                                    historis dan kondisi ekonomi saat ini.                                experience   and   current  economic
                perolehan diamortisasi dijelaskan di                                                                  cost are evaluated for impairment on a                                                                                                               conditions.
                Catatan 2s.                                                                                           basis described in Note 2s.




                                                                                  61                                                                                                                                                                  62
Page 182
                                                                          The original financial statements included herein are in the                                                                         The original financial statements included herein are in the
                                                                                                                Indonesian language.                                                                                                                 Indonesian language.

          PT BANK QNB INDONESIA TBK                                            PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                        PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                 (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                            unless otherwise stated)                                             kecuali dinyatakan lain)                                        unless otherwise stated)


4.   Penggunaan         Estimasi     dan     Pertimbangan            4.   Use of Estimates and Judgments (continued)                     4.   Penggunaan        Estimasi      dan   Pertimbangan          4.   Use of Estimates and Judgments (continued)
     (lanjutan)                                                                                                                               (lanjutan)

     a.   Sumber utama atas ketidakpastian estimasi                       a.   Key sources of estimation uncertainty                          a.   Sumber utama atas ketidakpastian estimasi                   a.   Key sources of estimation uncertainty
          (lanjutan)                                                           (continued)                                                         (lanjutan)                                                       (continued)

          (i)   Cadangan kerugian penurunan nilai atas                         (i)   Allowances for impairment losses of                           (iv) Pengakuan      aset    pajak     tangguhan                  (iv) Recognition      of    deferred    tax    assets
                aset keuangan (lanjutan)                                             financial assets (continued)                                       (lanjutan)                                                       (continued)

                Ketepatan dari cadangan ini tergantung                               The accuracy of the allowances depends                              Bank menelaah aset pajak tangguhan                               The Bank review their deferred tax assets
                pada seberapa tepat estimasi arus kas                                on how well the estimated future cash                               pada setiap tanggal laporan posisi                               at each statement of financial position date
                masa depan untuk menentukan cadangan                                 flows are determined for specific                                   keuangan dan mengurangi jumlah tercatat                          and reduce the carrying amount to the
                individual serta asumsi model dan                                    counterparty allowances and the model                               dalam hal tidak adanya lagi kemungkinan                          extent that it is no longer probable that
                parameter   yang    digunakan    dalam                               assumptions and parameters used in                                  bahwa penghasilan kena pajak yang cukup                          sufficient taxable income will be available
                menentukan cadangan kolektif.                                        determining collective allowances.                                  akan tersedia untuk mengkompensasi                               to allow all or part of the deferred tax assets
                                                                                                                                                         sebagian atau seluruh aset pajak                                 to be utilized.
          (ii) Penentuan nilai wajar                                           (ii) Determining fair values                                              tangguhan.

                Dalam menentukan nilai wajar atas aset                               The determination of fair value for financial                 (v) Provisi perpajakan                                           (v) Provision for taxes
                dan liabilitas keuangan dimana tidak                                 assets and liabilities for which there is no
                terdapat harga pasar yang dapat                                      observable market price requires the use                            Bank menentukan provisi perpajakan                               The Bank provides for tax provision based
                diobservasi, Bank harus menggunakan                                  of valuation techniques as described in                             berdasarkan estimasi atas kemungkinan                            on estimates whether the additional taxes
                teknik penilaian seperti dijelaskan pada                             Note 2f. For financial instruments that trade                       adanya tambahan beban pajak. Jika hasil                          will be due. Where the final tax outcome of
                Catatan 2f. Untuk instrumen keuangan                                 infrequently and have little price                                  akhir dari hal ini berbeda dengan jumlah                         these matters is different from the amounts
                yang jarang diperdagangkan dan tidak                                 transparency, fair value is less objective,                         yang dicatat semula, maka perbedaan                              that were initially recorded, such
                memiliki harga yang transparan, nilai                                and requires varying degrees of judgment                            tersebut akan berdampak terhadap                                 differences will impact the profit/loss.
                wajarnya menjadi kurang obyektif dan                                 depending on liquidity, concentration,                              laba/rugi.
                karenanya,        membutuhkan         tingkat                        uncertainty of market factors, pricing
                pertimbangan yang beragam, tergantung                                assumptions and other risks affecting the                b.   Pertimbangan akuntansi yang material                        b.   Material accounting judgments in applying
                pada likuiditas, konsentrasi, ketidakpastian                         specific instrument.                                          dalam menerapkan kebijakan akuntansi                             the Bank’s accounting policies
                faktor pasar, asumsi penentuan harga dan                                                                                           Bank
                risiko   lainnya    yang     mempengaruhi
                instrumen tertentu.                                                                                                                (i)   Nilai wajar dari instrumen keuangan                        (i)   Fair value of financial instrument

          (iii) Liabilitas imbalan kerja                                       (iii) Obligation for employment benefits                                  Kebijakan   akuntansi Bank   untuk                               The Bank’s accounting policy on fair value
                                                                                                                                                         pengukuran nilai wajar dibahas di                                measurements is discussed in Note 2f.
                Penentuan liabilitas imbalan kerja Bank                              The determination of the Bank’s obligation                          Catatan 2f.
                bergantung pada pemilihan asumsi yang                                for employment benefits is dependent on
                digunakan oleh aktuaris independen dalam                             its selection of certain assumptions used                           Informasi mengenai penentuan nilai wajar                         Information about the determination of fair
                menghitung      jumlah-jumlah   tersebut.                            by the independent actuaries in calculating                         dari instrumen keuangan diungkapkan                              value of financial instruments is disclosed
                Asumsi tersebut termasuk antara lain,                                such accounts. Those assumptions include                            pada Catatan 35.                                                 in Note 35.
                tingkat diskonto, tingkat kenaikan gaji                              among others, discount rates, annual
                tahunan,    tingkat   pengunduran     diri                           salary increase rate, annual employee                         (ii) Klasifikasi aset dan liabilitas keuangan                    (ii) Financial asset and liability classification
                karyawan tahunan, tingkat kecacatan,                                 turn-over rate, disability rate, retirement
                umur pensiun dan tingkat kematian.                                   age and mortality rate.                                             Kebijakan akuntansi Bank memberikan                              The Bank’s accounting policies provide
                                                                                                                                                         keleluasaan untuk menetapkan aset dan                            scope for financial assets and liabilities to
          (iv) Pengakuan aset pajak tangguhan                                  (iv) Recognition of deferred tax assets                                   liabilitas keuangan ke dalam berbagai                            be designated on inception into different
                                                                                                                                                         kategori pada saat pengakuan awal sesuai                         accounting     categories    in      certain
                Aset pajak tangguhan diakui atas seluruh                             Deferred tax assets are recognized for all                          dengan standar akuntansi yang berlaku                            circumstances.
                rugi fiskal yang belum digunakan                                     unused tax losses to the extent that it is                          berdasarkan kondisi tertentu.
                sepanjang besar kemungkinannya bahwa                                 probable that taxable profit will be available
                penghasilan kena pajak akan tersedia                                 against which the losses can be utilized.
                sehingga rugi fiskal tersebut dapat                                  Significant management estimates are
                digunakan. Estimasi signifikan digunakan                             required to determine the amount of
                oleh manajemen dalam menentukan                                      deferred tax assets that can be recognized,
                jumlah aset pajak tangguhan yang dapat                               based upon the likely timing and the level
                diakui, berdasarkan saat penggunaan dan                              of future taxable profits together with future
                tingkat penghasilan kena pajak dan strategi                          tax planning strategies.
                perencanaan pajak masa depan.



                                                                63                                                                                                                                   64
Page 183
                                                                        The original financial statements included herein are in the                                                                               The original financial statements included herein are in the
                                                                                                              Indonesian language.                                                                                                                       Indonesian language.

          PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK                                               PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS                                   CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025 and                                     Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended                                    Tahun yang Berakhir pada Tanggal Tersebut                                       for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,                                   (Disajikan dalam jutaan Rupiah,                                        (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                           unless otherwise stated)                                            kecuali dinyatakan lain)                                               unless otherwise stated)


5. Kas                                                            5. Cash                                                              7.   Giro pada Bank Lain (lanjutan)                                    7.     Current Accounts with Other Banks (continued)

                                              2025                2024                                                                                                                      2025              2024

     Rupiah                                      18.461                 27.096                                            Rupiah            Valuta asing (lanjutan)                                                                          Foreign currencies (continued)
     Valuta asing                                                                                             Foreign currencies               Pihak ketiga:                                                                                                Third parties:
      Dolar Amerika Serikat                          9.097               8.232                             United States Dollar                  JP Morgan Chase Bank - New York               10.314               5.857          JP Morgan Chase Bank - New York
      Dolar Singapura                                  964               1.589                                Singapore Dollar                   Standard Chartered Bank - New York             1.828              11.809         Standard Chartered Bank - New York
                                                                                                                                                 Standard Chartered Bank -                                                                 Standard Chartered Bank -
     Total                                       28.522                 36.917                                              Total                   Singapura                                      806                  81                             Singapore
                                                                                                                                                 Bank Mizuho Ltd., Tokyo                           649               1.854                   Bank Mizuho Ltd., Tokyo
                                                                                                                                                 JP Morgan Chase Bank - Frankfurt                  460               1.222          JP Morgan Chase Bank - Frankfurt
     Pada tanggal 31 Desember 2025 dan 2024, saldo                      As of December 31, 2025 and 2024, total cash in                          JP Morgan Chase Bank - London                     448                 716           JP Morgan Chase Bank – London
     kas dalam mata uang Rupiah termasuk jumlah kas                     Rupiah includes cash amount in ATMs of Rp379 and                         ANZ Banking Group Ltd., Australia                 367                 585           ANZ Banking Group Ltd., Australia
     pada ATM masing-masing sebesar Rp379 dan                           Rp1,183, respectively.                                                   United Overseas Bank Ltd.,                                                                United Overseas Bank Ltd.,
     Rp1.183.                                                                                                                                        Singapura                                     297                 762                             Singapore
                                                                                                                                                 PT Bank Central Asia Tbk                          219                 478                  PT Bank Central Asia Tbk
                                                                                                                                                 PT Bank Mandiri (Persero) Tbk                     173               1.257             PT Bank Mandiri (Persero) Tbk
     Pada tanggal 31 Desember 2025 dan 2024,                            As of December 31, 2025 and 2024, management                             PT Bank ICBC Indonesia                            166                 152                   PT Bank ICBC Indonesia
     manajemen berkeyakinan bahwa seluruh saldo kas                     believes that all cash can be used and there are no                      United Overseas Bank Ltd.,                                                                United Overseas Bank Ltd.,
     dapat digunakan dan tidak terdapat saldo kas yang                  cash balance pledged as collateral.                                         Hong Kong                                      91                  88                             Hong Kong
     dijaminkan.                                                                                                                                 PT Bank Maybank Indonesia Tbk                      8                   -             PT Bank Maybank Indonesia Tbk
                                                                                                                                                 Standard Chartered Bank - London                   -                  27           Standard Chartered Bank - London
6. Giro pada Bank Indonesia                                       6. Current Accounts with Bank Indonesia
                                                                                                                                            Total - valuta asing                               16.091              25.204                          Total - foreign currencies
                                              2025                2024                                                                      Total                                              17.504              38.818                                              Total
     Rupiah                                     193.573                289.500                                           Rupiah
     Dolar Amerika Serikat                      170.919                120.713                               United States Dollar           Cadangan kerugian penurunan nilai                       (1)                 (7)               Allowance for impairment losses

     Total                                      364.492                410.213                                              Total           Neto                                               17.503              38.811                                                Net

                                                                                                                                            Pada tanggal 31 Desember 2025 dan 2024, tidak                            As of December 31, 2025 and 2024, there are no
     Pada tanggal 31 Desember 2025 dan 2024, tidak                       As of December 31, 2025 and 2024, there are no                     ada giro pada bank lain yang dijadikan jaminan.                          current accounts with other banks pledged as
     ada giro pada Bank Indonesia yang dijadikan                         current accounts with Bank Indonesia pledged as                                                                                             collateral.
     jaminan.                                                            collateral.
                                                                                                                                            Perubahan nilai tercatat bruto adalah sebagai                            The movements in the gross carrying amount are as
     Informasi mengenai suku bunga penempatan pada                       Information in respect of interest rate of placements              berikut:                                                                 follows:
     Bank Indonesia diungkapkan pada Catatan 3b.                         with Bank Indonesia is disclosed in Note 3b.
                                                                                                                                                                           Tahap 1/          Tahap 2/         Tahap 3/              Jumlah/
     Giro Wajib Minimum (GWM) Bank sesuai dengan                         Minimum Statuory Reserves (GWM) in accordance                                                     Stage 1           Stage 2          Stage 3                Total
     Peraturan Bank Indonesia (PBI) dan Peraturan                        with Bank Indonesia Regulation (PBI) and                           31 Desember 2023                    184.104                   -                   -         184.104               December 31, 2023
     Anggota Dewan Gubernur (PADG) diungkapkan                           Regulation of the Members of The Board of
     pada Catatan 46.                                                    Governance (PADG) are disclosed in Note 46.                        Aset baru                              1.938                  -                   -           1.938             New assets originated
                                                                                                                                            Aset dihentikan pengakuannya
                                                                                                                                             atau dilunasi (kecuali                                                                                 Assets derecognized or repaid
7.   Giro pada Bank Lain                                          7.     Current Accounts with Other Banks                                   hapus buku)                         (14.762)                 -                   -         (14.762)              (exclude write off)
                                                                                                                                            Pengukuran kembali                  (133.201)                 -                   -        (133.201)                  Remeasurement
                                              2025                2024                                                                      Dampak perubahan kurs                    739                  -                   -             739           Effect on exchange rate

     Rupiah                                                                                                            Rupiah               31 Desember 2024                     38.818                   -                   -          38.818               December 31, 2024
       Pihak ketiga:                                                                                         Third parties:                 Aset baru                                 23                  -                   -               23            New assets originated
          PT Bank Central Asia Tbk                    629                  629                PT Bank Central Asia Tbk                      Aset dihentikan pengakuannya
          PT Bank CIMB Niaga Tbk                      597                1.961                PT Bank CIMB Niaga Tbk                         atau dilunasi (kecuali                                                                                 Assets derecognized or repaid
          PT Bank Mandiri (Persero) Tbk               152                   40           PT Bank Mandiri (Persero) Tbk                       hapus buku)                             (27)                 -                   -             (27)              (exclude write off)
          Standard Chartered Bank - Jakarta            25                   25        Standard Chartered Bank - Jakarta                     Pengukuran kembali                   (21.826)                 -                   -         (21.826)                  Remeasurement
          PT Bank Permata Tbk                           5               10.959                   PT Bank Permata Tbk                        Dampak perubahan kurs                    516                  -                   -             516           Effect on exchange rate
          PT Bank Maybank Indonesia Tbk                 5                    -         PT Bank Maybank Indonesia Tbk                        31 Desember 2025                     17.504                   -                   -          17.504               December 31, 2025
        Total - Rupiah                               1.413              13.614                                  Total - Rupiah


     Valuta asing                                                                                           Foreign currencies
        Pihak berelasi:                                                                                      Related parties:
          Qatar National Bank (Q.P.S.C.)                                                  Qatar National Bank (Q.P.S.C.)
             (Catatan 36)                             265                 316                              (Note 36)




                                                             65                                                                                                                                          66
Page 184
                                                                            The original financial statements included herein are in the                                                                                    The original financial statements included herein are in the
                                                                                                                  Indonesian language.                                                                                                                            Indonesian language.

          PT BANK QNB INDONESIA TBK                                               PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK                                                    PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS                                   CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025 and                                     Tanggal 31 Desember 2025 dan untuk                                              As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                       for the Year Then Ended                                    Tahun yang Berakhir pada Tanggal Tersebut                                            for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                        (Expressed in millions of Rupiah,                                   (Disajikan dalam jutaan Rupiah,                                             (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                               unless otherwise stated)                                            kecuali dinyatakan lain)                                                    unless otherwise stated)


7.   Giro pada Bank Lain (lanjutan)                                   7.     Current Accounts with Other Banks (continued)                 8.   Penempatan pada Bank Indonesia dan Bank                                8.     Placements with Bank Indonesia and Other
                                                                                                                                                Lain (lanjutan)                                                               Banks (continued)
     Perubahan cadangan kerugian penurunan nilai                             The movements in the allowance for impairment
     adalah sebagai berikut:                                                 losses are as follows:                                             Pada tanggal 31 Desember 2025 dan 2024, seluruh                               As of December 31, 2025 and 2024, all placements
                                                                                                                                                penempatan pada Bank Indonesia dan bank lain                                  with Bank Indonesia and other banks are not
                                    Tahap 1/         Tahap 2/         Tahap 3/            Jumlah/                                               tidak mengalami penurunan nilai.                                              impaired.
                                    Stage 1          Stage 2          Stage 3              Total

     31 Desember 2023                          15                -                   -              15              December 31, 2023           Pada tanggal 31 Desember 2025 dan 2024, tidak                                 As of December 31, 2025 and 2024, there are no
                                                                                                                                                ada penempatan pada Bank Indonesia dan bank                                   placement with Bank Indonesia and other banks
     Aset baru                                  -                -                   -                -           New assets originated
     Aset dihentikan pengakuannya                                                                                                               lain yang dijadikan jaminan.                                                  pledged as collateral.
      atau dilunasi (kecuali                                                                               Assets derecognized or repaid
      hapus buku)                               2                -                   -               2               (exclude write off)        Jangka waktu penempatan pada Bank Indonesia                                   The term of placements with Bank Indonesia are as
     Pengukuran kembali                         6                 -                   -              6                   Remeasurement
     Dampak perubahan kurs                      -                -                   -               -           Effect on exchange rate
                                                                                                                                                adalah sebagai berikut:                                                       follows:

     31 Desember 2024                           7                -                   -               7              December 31, 2024                                                             2025                 2024
     Aset baru                                  -                -                   -                -           New assets originated         Rupiah                                                                                                                     Rupiah
     Aset dihentikan pengakuannya                                                                                                                 Bank Indonesia                                   1 hari/day          2 hari/days                                Bank Indonesia
      atau dilunasi (kecuali                                                                               Assets derecognized or repaid
      hapus buku)                               -                -                   -               -               (exclude write off)
                                                                                                                                                  Bank PAN Indonesia                               1 hari/day                    -                            PAN Bank Indonesia
     Pengukuran kembali                         6                -                   -               6                   Remeasurement            Bank ANZ Indonesia                               1 hari/day                    -                            ANZ Bank Indonesia
     Dampak perubahan kurs                      -                -                   -               -           Effect on exchange rate
                                                                                                                                                Valuta asing                                                                                                      Foreign currency
     31 Desember 2025                           1                -                   -               1              December 31, 2025              Qatar National Bank (Q.P.S.C)                            -        308 hari/days                   Qatar National Bank (Q.P.S.C)
                                                                                                                                                   Bank Indonesia                                2-6 hari/day          2 hari/days                               Bank Indonesia

     Manajemen Bank berkeyakinan bahwa jumlah                                The Bank’s management believes that the                            Perubahan nilai tercatat bruto adalah sebagai                                        The movements in the gross carrying amount are as
     cadangan kerugian penurunan nilai yang dibentuk                         allowance for impairment losses provided is                        berikut:                                                                             follows:
     cukup untuk menutupi kemungkinan penurunan nilai                        adequate to cover any possible impairment on
     giro pada bank lain.                                                    current accounts with other banks.                                                                Tahap 1/             Tahap 2/            Tahap 3/           Jumlah/
                                                                                                                                                                               Stage 1              Stage 2             Stage 3             Total
     Informasi mengenai suku bunga giro pada bank lain                       Information in respect of interest rate of current                 31 Desember 2023                   1.092.008                     -                   -       1.092.008              December 31, 2023
     diungkapkan pada Catatan 3b.                                            accounts with other banks is disclosed in Note 3b.
                                                                                                                                                Aset baru                          1.336.301                     -                   -       1.336.301            New assets originated
                                                                                                                                                Aset dihentikan pengakuannya
     Informasi mengenai klasifikasi dan nilai wajar giro                     Information regarding the classification and fair                   atau dilunasi (kecuali                                                                                    Assets derecognized or repaid
     pada bank lain diungkapkan pada Catatan 35. Giro                        value of current accounts with other banks is                       hapus buku)                       (1.092.008)                   -                   -      (1.092.008)             (exclude write off)
     pada pihak berelasi diungkapkan pada Catatan 36.                        disclosed in Note 35. Current accounts with related                Pengukuran kembali                          -                    -                   -               -                  Remeasurement
                                                                             parties are disclosed in Note 36.                                  31 Desember 2024                   1.336.301                     -                   -       1.336.301              December 31, 2024

     Informasi mengenai giro pada bank lain                                  Information regarding the currency type of current                 Aset baru                          1.241.384                     -                   -       1.241.384            New assets originated
                                                                                                                                                Aset dihentikan pengakuannya
     berdasarkan jenis mata uang diungkapkan pada                            accounts with other banks is disclosed in Note 38.                  atau dilunasi (kecuali                                                                                    Assets derecognized or repaid
     Catatan 38.                                                                                                                                 hapus buku)                       (1.336.301)                   -                   -      (1.336.301)             (exclude write off)
                                                                                                                                                Pengukuran kembali                          -                    -                   -               -                  Remeasurement
8.   Penempatan pada Bank Indonesia dan Bank                          8.     Placements with Bank Indonesia and Other                           31 Desember 2025                   1.241.384                     -                   -       1.241.384              December 31, 2025
     Lain                                                                    Banks

     Rincian penempatan pada Bank Indonesia adalah                           The details of placements with Bank Indonesia are                  Informasi mengenai suku bunga penempatan pada                                 Information in respect of interest rate of placements
     sebagai berikut:                                                        as follows:                                                        Bank Indonesia dan bank lain diungkapkan pada                                 with Bank Indonesia and other banks is disclosed in
                                                                                                                                                Catatan 3b. Informasi mengenai jatuh tempo                                    Note 3b. Information in respect of maturities of
                                                    2025              2024                                                                      penempatan pada Bank Indonesia dan bank lain                                  placements with Bank Indonesia and other banks is
                                                                                                                                                diungkapkan pada Catatan 3c. Informasi mengenai                               disclosed in Note 3c. Information regarding the
     Rupiah                                                                                                                 Rupiah
       Pihak ketiga                                                                                                  Third party                klasifikasi dan nilai wajar penempatan pada Bank                              classification and fair value of placements with Bank
          Bank Indonesia                               90.884               96.986                             Bank Indonesia                   Indonesia dan bank lain diungkapkan pada Catatan                              Indonesia and other banks is disclosed in Note 35.
          PT Bank Pan Indonesia Tbk                    80.000                    -                  PT Bank PAN Indonesia Tbk                   35.
          PT Bank ANZ Indonesia                        70.000                    -                      PT Bank ANZ Indonesia
                                                                                                                                                Informasi mengenai penempatan pada Bank                                       Information regarding the currency type of
     Valuta asing                                                                                                Foreign currency               Indonesia dan bank lain berdasarkan jenis mata                                placements with Bank Indonesia and other banks is
        Pihak Berelasi                                                                                           Related parties                uang diungkapkan pada Catatan 38.                                             disclosed in Note 38.
          Qatar National Bank (Q.P.S.C)                                                         Qatar National Bank (Q.P.S.C)
              (Catatan 36)                                  -              321.900                               (Note 36)
        Pihak ketiga                                                                                                 Third party
          Bank Indonesia                            1.000.500              917.415                             Bank Indonesia

     Total                                          1.241.384         1.336.301                                                   Total


                                                                67                                                                                                                                              68
Page 185
                                                                                          The original financial statements included herein are in the                                                                                      The original financial statements included herein are in the
                                                                                                                                Indonesian language.                                                                                                                              Indonesian language.

          PT BANK QNB INDONESIA TBK                                                            PT BANK QNB INDONESIA TBK                                             PT BANK QNB INDONESIA TBK                                                      PT BANK QNB INDONESIA TBK
       CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS                                      CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                      As of December 31, 2025 and                                        Tanggal 31 Desember 2025 dan untuk                                                As of December 31, 2025 and
     Tahun yang Berakhir pada Tanggal Tersebut                                                    for the Year Then Ended                                       Tahun yang Berakhir pada Tanggal Tersebut                                              for the Year Then Ended
          (Disajikan dalam jutaan Rupiah,                                                     (Expressed in millions of Rupiah,                                      (Disajikan dalam jutaan Rupiah,                                               (Expressed in millions of Rupiah,
              kecuali dinyatakan lain)                                                            unless otherwise stated)                                               kecuali dinyatakan lain)                                                      unless otherwise stated)


9.   Tagihan dan Liabilitas Derivatif                                                9.   Derivative Receivables and Payables                                10. Tagihan dan Liabilitas Akseptasi                                        10. Acceptance Receivables and Payables

     Pada tanggal 31 Desember 2025 dan 2024, tagihan                                      As of December 31, 2025 and 2024, derivative                           a.   Tagihan akseptasi:                                                        a.   Acceptance receivables
     dan liabilitas derivatif adalah sebagai berikut:                                     receivables and payables are as follows:
                                                       2025                                     2024                                                                                                                  2025               2024

                                         Tagihan              Liabilitas           Tagihan              Liabilitas                                                    Rupiah                                                                                                                    Rupiah
                                        Derivatif/            Derivatif/          Derivatif/            Derivatif/                                                      Pihak ketiga                                                                                                     Third parties
                                        Derivative            Derivative          Derivative            Derivative                                                         Korporasi                                     42.004                      -                                  Corporates
                                       Receivables            Payables           Receivables            Payables
     Kontrak berjangka valuta asing                                                                                              Currency forward contract            Valuta asing                                                                                                 Foreign currencies
        Bank                                      590                (9.013)                3.269              (7.775)                           Banks                   Pihak ketiga                                                                                                   Third parties
                                                                                                                                                                            Korporasi                                    45.885                      -                                 Corporates
     Pada tanggal 31 Desember 2025 dan 2024, semua                                        As of December 31, 2025 and 2024, all derivative                                                                               87.889                      -
     tagihan derivatif merupakan transaksi dengan pihak                                   receivables are made with third parties.
     ketiga.                                                                                                                                                          Cadangan kerugian                                                                                                  Allowance for
                                                                                                                                                                        penurunan nilai                                      (211)                   -                             impairment losses
     Pada tanggal 31 Desember 2025 dan 2024, tidak                                        As of December 31, 2025 and 2024, there are no                              Total                                              87.678                      -                                              Total
     ada tagihan derivatif yang dijadikan jaminan.                                        derivative receivables pledged as collateral.

     Informasi mengenai klasifikasi dan nilai wajar                                       Information regarding the classification and fair                           Perubahan nilai tercatat bruto adalah sebagai                                  The movements in the gross carrying amount
     tagihan dan liabilitas derivatif diungkapkan pada                                    value of derivative receivables and payables is                             berikut:                                                                       are as follows:
     Catatan 35.                                                                          disclosed in Note 35.
                                                                                                                                                                                                     Tahap 1/          Tahap 2/          Tahap 3/            Jumlah/
     Pada tanggal 31 Desember 2025 dan 2024, nilai                                        As of December 31, 2025 and 2024, the contract                                                             Stage 1           Stage 2           Stage 3              Total
     kontrak dan rata-rata jangka waktu kontrak                                           amount and average contract period of currency
                                                                                                                                                                      31 Desember 2024                            -                  -                   -               -            December 31, 2024
     berjangka valuta asing adalah sebagai berikut:                                       forward contracts are as follows:
                                                                                 2025                                                                                 Aset baru                           87.889                     -                   -        87.889            New assets originated
                                                                                                                                                                      Aset dihentikan pengakuannya
                                                                Nilai Kontrak                                                                                           atau dilunasi (kecuali                                                                               Assets derecognized or repaid
                                                          (dalam nilai penuh)/                      Rentang tanggal                                                     hapus buku)                               -                  -                   -               -             (exclude write off)
                                                             Contract amount                         Jatuh tempo/                                                     Pengukuran kembali                          -                  -                   -               -                 Remeasurement
                                       Jenis valuta/      (in original currency)                       Range of                                                       Dampak perubahan kurs                       -                  -                   -               -         Effect on exchange rate
                                        Currencies            (in full amount)                       maturity date
                                                                                                                                                                      31 Desember 2025                    87.889                     -                   -        87.889              December 31, 2025
     Kontrak berjangka valuta                                                                    5 Januari 2026 – 9 April 2026          Currency forward
      asing yang akan diterima                   USD                   4.950.509               January 5, 2026 – April 9, 2026       contracts received
                                                                                                               6 Januari 2026                                         Perubahan cadangan kerugian penurunan nilai                                    The movements in the allowance                     for
                                                 AUD                       125.000                            January 6, 2026
                                                                                                               5 Januari 2026                                         adalah sebagai berikut:                                                        impairment losses are as follows:
                                                 JPY                144.864.882                               January 5, 2026
                                                                                                                                                                                                     Tahap 1/          Tahap 2/          Tahap 3/            Jumlah/
     Kontrak berjangka valuta                                                                    2 Januari 2026 – 9 April 2026           Currency forward                                            Stage 1           Stage 2           Stage 3              Total
      asing yang akan dibayar                    USD                147.108.673                January 2, 2026 – April 9, 2026           contracts paid
                                                                                                               6 Januari 2026                                         31 Desember 2024                            -                  -                   -               -            December 31, 2024
                                                 AUD                   1.200.000                              January 6, 2026
                                                                                             5 Januari 2026 – 26 Januari 2026                                         Aset baru                                 211                  -                   -             211          New assets originated
                                                 JPY                270.138.598            January 5, 2026 – January 26, 2026                                         Aset dihentikan pengakuannya
                                                                                                               7 Januari 2026                                           atau dilunasi (kecuali                                                                               Assets derecognized or repaid
                                                 EUR                       425.000                            January 7, 2026                                           hapus buku)                               -                  -                   -               -             (exclude write off)
                                                                                                              21 Januari 2026                                         Pengukuran kembali                          -                  -                   -               -                 Remeasurement
                                                 SGD                       683.500                           January 21, 2026                                         Dampak perubahan kurs                       -                  -                   -               -         Effect on exchange rate
                                                                                                               5 Januari 2026
                                                 GBP                       210.000                            January 5, 2026                                         31 Desember 2025                          211                  -                   -             211            December 31, 2025

                                                                                 2024
                                                                                                                                                                      Manajemen Bank berkeyakinan bahwa jumlah                                       The Bank’s management believes that the
                                                                Nilai Kontrak
                                                          (dalam nilai penuh)/                      Rentang tanggal                                                   cadangan kerugian penurunan nilai yang                                         allowance for impairment losses provided is
                                                             Contract amount                         Jatuh tempo/                                                     dibentuk cukup untuk menutupi kemungkinan                                      adequate to cover any possible impairment on
                                       Jenis valuta/      (in original currency)                       Range of                                                       penurunan nilai tagihan akseptasi.                                             acceptance receivables.
                                        Currencies            (in full amount)                       maturity date
     Kontrak berjangka valuta                                                                                                           Currency forward              Pada tanggal 31 Desember 2025, tidak ada                                       As of December 31, 2025, there are no
      asing yang akan diterima        USD                            11.895.011                 2 Januari 2025 - 23 Juni 2025/       contracts received               tagihan akseptasi yang dijadikan jaminan.                                      acceptance receivables pledged as collateral.
                                                                                              January 2, 2025 - June 23, 2025
     Kontrak berjangka valuta                                                                                                            Currency forward
      asing yang akan dibayar         USD                            73.050.000                 2 Januari 2025 - 23 Juni 2025/           contracts paid
                                                                                              January 2, 2025 - June 23, 2025
                                      AUD                             3.260.000                     2 Januari/January 2, 2025
                                      JPY                           126.084.800                     6 Januari/January 6, 2025
                                      EUR                               400.000                     3 Januari/January 3, 2025
                                      SGD                               814.241                   21 Januari/January 21, 2025


                                                                           69                                                                                                                                                     70
Page 186
                                                                                     The original financial statements included herein are in the                                                                                 The original financial statements included herein are in the
                                                                                                                           Indonesian language.                                                                                                                         Indonesian language.

         PT BANK QNB INDONESIA TBK                                                         PT BANK QNB INDONESIA TBK                                                  PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK
      CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE FINANCIAL STATEMENTS                                           CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2025 dan untuk                                                   As of December 31, 2025 and                                             Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025 and
    Tahun yang Berakhir pada Tanggal Tersebut                                                 for the Year Then Ended                                            Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                                  (Expressed in millions of Rupiah,                                           (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                         unless otherwise stated)                                                    kecuali dinyatakan lain)                                           unless otherwise stated)


10. Tagihan dan Liabilitas Akseptasi (lanjutan)                                 10. Acceptance                Receivables          and         Payables       11. Efek-efek yang Dibeli dengan Janji Dijual                    11. Securities Purchased Under Agreements to
                                                                                    (continued)                                                                   Kembali (lanjutan)                                               Resell (continued)

    b.   Liabilitas akseptasi:                                                         b.      Acceptance payables:                                               Pada tanggal 31 Desember 2025, tidak ada efek-                      As of December 31, 2025, there are no securities
                                                                                                                                                                  efek yang dibeli dengan janji dijual kembali yang                   purchased under agreements to resell pledged as
                                                          2025                  2024
                                                                                                                                                                  dijadikan jaminan.                                                  collateral.
          Rupiah                                                                                                                                 Rupiah
            Pihak ketiga                                                                                                                  Third parties       12. Kredit yang Diberikan                                        12. Loans
               Bank                                            42.004                          -                                               Banks

          Valuta asing                                                                                                           Foreign currencies               a.   Berdasarkan hubungan, jenis dan valuta                         a.   By relationship, type and currency
             Pihak ketiga                                                                                                             Third parties
               Bank                                            45.885                          -                                           Banks                                                           2025                2024

          Total                                                87.889                          -                                                     Total             Pihak berelasi                                                                                   Related parties
                                                                                                                                                                         Rupiah                                                                                                Rupiah
                                                                                                                                                                          Personil manajemen                                                                Key management personnel
         Informasi mengenai jatuh tempo diungkapkan                                            Information in respect of maturities were                                    kunci (Catatan 36)                      804                892                               (Note 36)
         pada Catatan 3c. Informasi mengenai klasifikasi                                       disclosed in Note 3c. Information with regards                             Modal Kerja                           500.000                  -                            Working capital
         dan nilai wajar diungkapkan pada Catatan 37.                                          to the classification and fair value were
                                                                                                                                                                                                                500.804                892
                                                                                               disclosed in Note 37.                                                   Pihak ketiga                                                                                          Third parties
                                                                                                                                                                        Rupiah                                                                                                    Rupiah
         Informasi mengenai kualitas tagihan akseptasi                                         Information regarding the quality of acceptance                           Modal kerja                       5.585.483           4.935.227                                 Working capital
         diungkapkan pada Catatan 46.                                                          receivables is disclosed in Note 46.                                      Investasi                         2.089.804           1.147.963                                    Investment
                                                                                                                                                                         Sindikasi                           614.780             738.237                                    Syndicated
         Informasi mengenai tagihan dan liabilitas                                             Information regarding the currency type of                                Konsumsi                              1.227              34.211                                     Consumer
         akseptasi berdasarkan jenis mata uang                                                 acceptance receivables and payables is                                    Karyawan                             16.315              20.800                                     Employee
         diungkapkan pada Catatan 38.                                                          disclosed in Note 38.
                                                                                                                                                                                                           8.307.609           6.876.438
                                                                                                                                                                        Valuta asing                                                                                   Foreign currencies
11. Efek-efek yang Dibeli dengan Janji Dijual                                   11. Securities Purchased Under Agreements to                                             Modal Kerja                            784.559        1.265.476                                Working capital
    Kembali                                                                         Resell                                                                               Sindikasi                              191.496          311.760                                    Syndication

    Efek-efek yang dibeli dengan janji dijual kembali                                  Securities purchased under agreements to resell as                                                                       976.055        1.577.236
    pada tanggal 31 Desember 2025 sebagai berikut:                                     of December 31, 2025 as follows:                                                Total                               9.784.468           8.454.566                                              Total
                                                                        2025
                                                                                                                                                                       Cadangan kerugian penurunan nilai    (381.241)           (488.839)                  Allowance for impairment losses
                        Efek yang           Rentang tanggal                Rentang tanggal
                        mendasari/            pembelian/                  penjualan kembali/         Harga penjualan Pendapatan bunga      Nilai tercatat/
   Pihak lawan/         Underlying         Range of purchase                  Range of                  kembali/     yang belum diakui/      Carrying
                                                                                                                                                                       Neto                                9.403.227           7.965.727                                                Net
   Counterparty         securities               date                        resale date              Resale price   Unearned interest        amount

                    Obligasi Pemerintah/        31 Desember 2025/                  7 Januari 2026/
   Bank Indonesia    Government Bonds           December 31, 2025                 January 7, 2026             10.874                 2               10.872
                                                                                                                                                                  b.   Berdasarkan sektor ekonomi                                     b.   By economic sectors

    Pada tanggal 31 Desember 2025, lokasi                                              As of December 31, 2025, the scripless collateral                                                                   2025                2024
    penyimpanan efek-efek jaminan berupa tanpa                                         securities were custodied in BI-SSSS system of                                  Rupiah                                                                                                         Rupiah
    warkat (scripless) dicatat pada sistem BI-SSSS                                     Bank Indonesia.                                                                  Jasa usaha                         2.970.288           2.718.154                                 Business services
    Bank Indonesia.                                                                                                                                                     Manufaktur                         1.599.063           1.782.289                                      Manufacturing
                                                                                                                                                                        Pengangkutan, pergudangan dan                                                    Transportation, warehousing and
    Manajemen Bank berkeyakinan bahwa tidak ada                                        The Bank’s management believes that no allowance                                   komunikasi                       1.834.827           1.146.969                                 communication
    cadangan kerugian penurunan nilai efek-efek yang                                   for impairment losses on securities purchased under                              Listrik, gas dan air               1.000.000                   -                         Electricity, gas and water
    dibeli dengan janji dijual kembali yang perlu dibentuk                             agreements to resell should be provided as of                                    Perdagangan, restoran dan hotel      964.560             501.201                    Trading, restaurant and hotels
                                                                                                                                                                        Konstruksi                           385.276             415.362                                       Construction
    pada tanggal 31 Desember 2025.                                                     December 31, 2025.                                                               Pertambangan                               -             221.400                                             Mining
                                                                                                                                                                        Pertanian, perkebunan, dan                                                             Agriculture, plantation, and
    Informasi mengenai suku bunga efek-efek yang                                       Information in respect of interest rate of securities                              sarana perkebunan                      36.054           36.054                          plantation equipment
    dibeli dengan janji dijual kembali diungkapkan pada                                purchased under agreements to resell is disclosed                                Lain-lain                                18.345           55.901                                             Others
    Catatan 3b. Informasi mengenai jatuh tempo efek-                                   in Note 3b. Information in respect of maturities of
    efek yang dibeli dengan janji dijual kembali                                       securities purchased under agreement to resell is                                                                   8.808.413           6.877.330
    diungkapkan pada Catatan 3c. Informasi mengenai                                    disclosed in Note 3c. Information regarding the
    klasifikasi dan nilai wajar efek-efek yang dibeli                                  classification and fair value of securities purchased
    dengan janji dijual kembali diungkapkan pada                                       under agreements to resell is disclosed in Note 35.
    Catatan 35.



                                                                        71                                                                                                                                                72
Page 187
                                                                      The original financial statements included herein are in the                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.                                                                                                              Indonesian language.

         PT BANK QNB INDONESIA TBK                                            PT BANK QNB INDONESIA TBK                                       PT BANK QNB INDONESIA TBK                                       PT BANK QNB INDONESIA TBK
      CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS                                CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025 and                                  Tanggal 31 Desember 2025 dan untuk                                 As of December 31, 2025 and
    Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended                                 Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,                                (Disajikan dalam jutaan Rupiah,                                (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                            unless otherwise stated)                                         kecuali dinyatakan lain)                                       unless otherwise stated)


12. Kredit yang Diberikan (lanjutan)                               12. Loans (continued)                                             12. Kredit yang Diberikan (lanjutan)                            12. Loans (continued)

    b.   Berdasarkan sektor ekonomi (lanjutan)                            b.   By economic sectors (continued)                           e.   Kredit modal kerja dan investasi diberikan                 e.   Working capital loans and investment loans
                                                                                                                                              kepada debitur untuk kepentingan modal kerja                    were granted to customers for working capital
                                                  2025             2024                                                                       dan pembelian barang modal. Kredit modal                        and purchase of capital goods. Working capital
                                                                                                                                              kerja mencakup kredit dalam bentuk rekening                     loans include overdraft.
         Valuta asing                                                                                         Foreign currencies              koran.
          Manufaktur                                284.309        1.054.631                                     Manufacturing
          Pertambangan                              166.750          308.702                                            Mining           f.   Kredit konsumsi terdiri dari kredit pemilikan              f.   Consumer loans consist of housing and motor
          Listrik, gas dan air                      191.496          213.903                        Electricity, gas and water                rumah dan kendaraan bermotor dan kredit                         vehicles ownership loans and other personal
                                                                                                                                              perorangan lainnya.                                             loans.
                                                    976.055        1.577.236

         Total                                    9.784.468        8.454.566                                                             g.   Kredit yang diberikan kepada karyawan Bank                 g.   The loans given to the Bank’s employees are
                                                                                                                                              digunakan untuk keperluan pinjaman atas                         used for purchase of houses, cars and other
         Cadangan kerugian penurunan nilai         (381.241)        (488.839)                  Allowance for impairment losses                pembelian rumah, kendaraan, dan keperluan                       personal necessities with maturities ranging
                                                                                                                                              lainnya dengan jangka waktu jatuh tempo                         from 1 to 15 years, with interest rates of 5% per
         Neto                                     9.403.227        7.965.727                                                Net
                                                                                                                                              berkisar dari 1 tahun sampai 15 tahun, yang                     annum. These loans will be settled through their
                                                                                                                                              dikenakan bunga 5% per tahun. Kredit tersebut                   monthly salary deductions. The loans to the
    c.   Berdasarkan periode perjanjian kredit:                           c.   Based on the term of loan agreements:                          akan dilunasi melalui pemotongan gaji setiap                    employees amounted Rp17,119 and Rp21,692
                                                                                                                                              bulan. Jumlah kredit yang diberikan kepada                      or represented 0.17% and 0.26% of total loans
                                                  2025             2024                                                                       karyawan masing-masing sebesar Rp17.119                         as of December 31, 2025 and 2024,
                                                                                                                                              dan Rp21.692 atau 0,17% dan 0,26% dari                          respectively.
         Rupiah                                                                                                          Rupiah               jumlah kredit yang diberikan pada tanggal
           < 1 tahun                              4.175.401        4.464.786                                         < 1 year
                                                                                                                                              31 Desember 2025 dan 2024.
           > 1 - 3 tahun                          1.955.602          714.731                                      > 1 - 3 year
           > 3 - 5 tahun                            731.746          420.359                                      > 3 - 5 year
           > 5 tahun                              1.945.664        1.277.454                                         > 5 year            h.   Pada tahun 2025, Bank melakukan penjualan                  h.   In 2025, the Bank sold the SME loan. Payment
                                                                                                                                              atas kredit SME. Pembayaran dari harga jual                     for the selling prices of Rp1,476 has been fully
                                                  8.808.413        6.877.330                                                                  dari kredit tersebut sebesar Rp1.476 telah                      received by the Bank and presented as part of
                                                                                                                                              diterima seluruhnya oleh Bank dan dibukukan                     “other operating income - others” in current year
         Valuta asing                                                                                        Foreign currencies               sebagai bagian dari “pendapatan operasional                     statement of profit or loss and other
            < 1 tahun                               784.559        1.340.800                                         < 1 year                 lainnya - lain-lain” pada laporan laba rugi dan                 comprehensive income.
            > 1 - 3 tahun                                 -           22.533                                      > 1 - 3 year                penghasilan komprehensif lain di tahun
            > 3 - 5 tahun                           191.496                -                                      > 3 - 5 year                berjalan.
            > 5 tahun                                     -          213.903                                         > 5 year

                                                    976.055        1.577.236                                                                  Pada tahun 2025, Bank melakukan penjualan                       In 2025, the Bank sold the UCAN loan.
                                                                                                                                              atas kredit UCAN. Pembayaran dari harga jual                    Payment for the selling prices of Rp1,406 has
         Total                                    9.784.468        8.454.566                                              Total               dari kredit tersebut sebesar Rp1.406 telah                      been fully received by the Bank and loss from
                                                                                                                                              diterima seluruhnya oleh Bank dan kerugian                      sale of loans of Rp1,340 was presented as part
         Cadangan kerugian penurunan nilai         (381.241)        (488.839)                  Allowance for impairment losses
                                                                                                                                              dari pengalihan tagihan sebesar Rp1.340                         of “other operating expenses - others” in current
         Neto                                     9.403.227        7.965.727                                                Net               dibukukan sebagai bagian dari “beban                            year statement of profit or loss and other
                                                                                                                                              operasional lainnya - lain-lain” pada laporan                   comprehensive income.
                                                                                                                                              laba rugi dan penghasilan komprehensif lain di
    d.   Kredit dijamin dengan agunan yang diikat                         d.   The loans are secured by collaterals which are                 tahun berjalan.
         dengan akta pemberian hak tanggungan,                                 legalized by deed of encumbrance, other
         jaminan lain atau aset yang umumnya diterima                          guarantees or assets that are generally                   i.   Kredit hapus buku sepanjang tahun 2025 dan                 i.   Written off loans during 2025 and 2024,
         oleh bank, antara lain deposito berjangka, giro,                      accepted in the banking industry, such as time                 2024 masing-masing sebesar RpNihil dan Rp3.                     amounted to RpNil and Rp3, respectively.
         kendaraan bermotor, tanah dan bangunan.                               deposits, demand deposits, motor vehicles,
                                                                               land and buildings.

         Pada tanggal 31 Desember 2025 dan 2024,                               As of December 31, 2025 and 2024, total loans
         kredit dijamin dengan jaminan tunai berupa                            secured by cash collateral (back-to-back loans)
         deposito masing-masing sebesar Rp149.886                              amounted to Rp149,886 and Rp377,036,
         dan Rp377.036 (Catatan 20).                                           respectively (Note 20).

         Pada tanggal 31 Desember 2025 dan 2024,                               As of December 31, 2025 and 2024, there are
         tidak ada kredit yang dijadikan jaminan.                              no loans pledged as collateral.




                                                              73                                                                                                                                74
Page 188
                                                                           The original financial statements included herein are in the                                                                                The original financial statements included herein are in the
                                                                                                                 Indonesian language.                                                                                                                        Indonesian language.

         PT BANK QNB INDONESIA TBK                                               PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK                                               PT BANK QNB INDONESIA TBK
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS                                    CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025 and                                      Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025 and
    Tahun yang Berakhir pada Tanggal Tersebut                                       for the Year Then Ended                                     Tahun yang Berakhir pada Tanggal Tersebut                                       for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                        (Expressed in millions of Rupiah,                                    (Disajikan dalam jutaan Rupiah,                                        (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                               unless otherwise stated)                                             kecuali dinyatakan lain)                                               unless otherwise stated)


12. Kredit yang Diberikan (lanjutan)                                    12. Loans (continued)                                               12. Kredit yang Diberikan (lanjutan)                                   12. Loans (continued)

    j.   Perubahan nilai tercatat bruto kredit yang                         j.     The changes in gross carrying amount on loans                l.     Manajemen Bank berkeyakinan bahwa jumlah                         l.   The Bank’s management believes that the
         diberikan selama tahun berjalan adalah                                    during the year are as follows:                                     cadangan kerugian penurunan nilai yang                                allowance for impairment losses provided is
         sebagai berikut:                                                                                                                              dibentuk cukup untuk menutupi kemungkinan                             adequate to cover any possible impairment on
                                                                                                                                                       penurunan nilai kredit yang diberikan.                                loans.
                                        Tahap 1/        Tahap 2/        Tahap 3/          Jumlah/
                                        Stage 1         Stage 2         Stage 3            Total
                                                                                                                                                m. Informasi mengenai suku bunga kredit yang                            m. Information in respect of interest rate of loans is
         31 Desember 2023                 4.183.425       1.727.212          45.787         5.956.424               December 31, 2023              diberikan diungkapkan pada Catatan 3b.                                  disclosed in Note 3b. Information in respect of
                                                                                                                                                   Informasi mengenai jatuh tempo kredit yang                              maturities of loans is disclosed in Note 3c.
         Aset baru                        6.038.399         415.155              2.527      6.456.081             New assets originated
         Aset dihentikan pengakuannya                                                                                                              diberikan diungkapkan pada Catatan 3c.                                  Information regarding the classification and fair
           atau dilunasi (kecuali                                                                         Assets derecognized or repaid            Informasi mengenai klasifikasi dan nilai wajar                          value of loans is disclosed in Note 35.
           hapus buku)                    (3.097.864)      (417.947)         (2.237)        (3.518.048)             (exclude write-off)            kredit yang diberikan diungkapkan pada
         Pengalihan ke Tahap 1                     -              -               -                  -               Transfer to Stage 1
         Pengalihan ke Tahap 2              (169.945)       169.945               -                  -               Transfer to Stage 2
                                                                                                                                                   Catatan 35.
         Pengalihan ke Tahap 3               (10.860)      (207.087)        217.947                  -               Transfer to Stage 3
         Pengukuran kembali                 (285.303)      (158.866)          1.377           (442.792)                 Remeasurement           n.     Pada tanggal-tanggal 31 Desember 2025 dan                        n.   As of December 31, 2025 and 2024, loans with
         Penghapusbukuan                           -              -              (3)                (3)                         Write-off              2024, kredit pada pihak berelasi diungkapkan                          related parties were disclosed in Note 36.
         Dampak perubahan kurs                 2.904              -               -              2.904          Effect on exchange rate
                                                                                                                                                       pada Catatan 36.
         31 Desember 2024                 6.660.756       1.528.412         265.398         8.454.566               December 31, 2024

         Aset baru                      7.299.183           167.671                  -      7.466.854             New assets originated
                                                                                                                                                o.     Informasi mengenai kredit yang diberikan                         o.   Information regarding the currency type of
         Aset dihentikan pengakuannya                                                                                                                  berdasarkan jenis mata uang diungkapkan                               loans is disclosed in Note 38.
           atau dilunasi (kecuali                                                                         Assets derecognized or repaid                pada Catatan 38.
           hapus buku)                (5.032.358)          (685.684)        (27.918)        (5.745.960)             (exclude write-off)
         Pengalihan ke Tahap 1                  -                 -                -                 -               Transfer to Stage 1
         Pengalihan ke Tahap 2                  -                 -                -                 -               Transfer to Stage 2        p.     Selama tahun 2025 dan 2024, Bank telah                           p.   During 2025 and 2024, the Bank has taken
         Pengalihan ke Tahap 3                  -                 -                -                 -               Transfer to Stage 3               menempuh berbagai langkah strategis dalam                             various strategic steps to manage its non-
         Pengukuran kembali              (284.641)          (94.731)          10.482          (368.890)                 Remeasurement                  mengelola kredit bermasalahnya, antara lain                           performing loans, either through credit
         Penjualan kredit                      (4)              (14)         (28.744)          (28.762)                      Loan sales
         Dampak perubahan kurs              6.660                 -                -             6.660          Effect on exchange rate
                                                                                                                                                       melalui restrukturisasi kredit, eksekusi agunan,                      restructuring, collateral execution, and loans
                                                                                                                                                       dan penjualan kredit.                                                 sale.
         31 Desember 2025                 8.649.596         915.654         219.218         9.784.468               December 31, 2025
                                                                                                                                            13. Efek-Efek                                                          13. Securities
    k.   Perubahan cadangan kerugian penurunan nilai                        k.     The changes in allowance for impairment                      Rincian efek-efek pada tanggal 31 Desember 2025                         Details of securities as of December 31, 2025 and
         kredit yang diberikan selama tahun berjalan                               losses on loans during the year are as follows:              dan 2024 sebagai berikut:                                               2024 as follows:
         adalah sebagai berikut:
                                                                                                                                                                                                          2025
                                        Tahap 1/        Tahap 2/        Tahap 3/          Jumlah/
                                        Stage 1         Stage 2         Stage 3            Total                                                                                             Nilai                 Nilai
                                                                                                                                                                                           nominal/              tercatat/
         31 Desember 2023                    91.124         375.729          40.286           507.139               December 31, 2023                                                      Nominal               Carrying
         Aset baru                           48.648         128.008              3.185        179.841             New assets originated                                                     Value                amount
         Aset dihentikan pengakuannya
           atau dilunasi (kecuali                                                                         Assets derecognized or repaid
                                                                                                                                                Nilai wajar melalui                                                                                 Fair value through other
           hapus buku)                      (55.092)       (100.273)         (1.298)         (156.663)              exclude write-off)             penghasilan komprehensif lain                                                                   comprehensive income
         Pengalihan ke Tahap 1                    -               -               -                 -               Transfer to Stage 1               Pihak Ketiga                                                                                          Third Parties
         Pengalihan ke Tahap 2               (2.193)          2.193               -                 -               Transfer to Stage 2               Rupiah                                                                                                      Rupiah
         Pengalihan ke Tahap 3               (1.847)       (138.756)        140.603                 -               Transfer to Stage 3               Obligasi pemerintah                       325.000              341.234                         Government bonds
         Pengukuran kembali                 (19.843)        (34.306)         11.955           (42.194)                  Remeasurement                 Sekuritas Rupiah Bank Indonesia           800.000              793.292            Bank Indonesia Rupiah Securities
         Penghapusbukuan                          -               -              (3)               (3)                         Write-off
         Dampak perubahan kurs                1.010               -            (291)              719           Effect on exchange rate        Total nilai wajar melalui                                                                         Total fair value through other
         31 Desember 2024                    61.807         232.595         194.437           488.839               December 31, 2024
                                                                                                                                                  penghasilan komprehensif lain               1.125.000            1.134.526                        comprehensive income

         Aset baru                           73.904          16.092                  -         89.996             New assets originated        Biaya perolehan diamortisasi                                                                                    Amortized cost
         Aset dihentikan pengakuannya                                                                                                                Pihak Ketiga                                                                                             Third Parties
           atau dilunasi (kecuali                                                                         Assets derecognized or repaid              Rupiah                                                                                                         Rupiah
           hapus buku)                      (51.049)        (76.702)        (26.243)         (153.994)              exclude write-off)
         Pengalihan ke Tahap 1                    -               -               -                 -               Transfer to Stage 1
                                                                                                                                                     SKBDN                                       15.043               14.016                                       SKBDN
         Pengalihan ke Tahap 2                    -               -               -                 -               Transfer to Stage 2
         Pengalihan ke Tahap 3                    -               -               -                 -               Transfer to Stage 3
                                                                                                                                                       Valuta Asing                                                                                   Foreign currencies
         Pengukuran kembali                   1.535         (31.708)         14.720           (15.453)                  Remeasurement                  Sekuritas Valas Bank Indonesia           333.500              332.608            Bank Indonesia Foreign Securities
         Penjualan kredit                        (4)            (14)        (28.744)          (28.762)                  Penjualan kredit
         Dampak perubahan kurs                  615               -               -               615           Effect on exchange rate         Total biaya perolehan diamortisasi              348.543              346.624                              Total amortized cost

         31 Desember 2025                    86.808         140.263         154.170           381.241               December 31, 2025          Total                                          1.473.543            1.481.150                                                Total
                                                                                                                                                Cadangan kerugian penurunan nilai                                            -                 Allowance for Impairment Losses

                                                                                                                                                Neto                                                               1.481.150                                                 Net


                                                                   75                                                                                                                                     76
Page 189
                                                                                   The original financial statements included herein are in the                                                                                The original financial statements included herein are in the
                                                                                                                         Indonesian language.                                                                                                                        Indonesian language.

         PT BANK QNB INDONESIA TBK                                                      PT BANK QNB INDONESIA TBK                                            PT BANK QNB INDONESIA TBK                                                 PT BANK QNB INDONESIA TBK
      CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS                                     CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2025 dan untuk                                                As of December 31, 2025 and                                       Tanggal 31 Desember 2025 dan untuk                                           As of December 31, 2025 and
    Tahun yang Berakhir pada Tanggal Tersebut                                              for the Year Then Ended                                      Tahun yang Berakhir pada Tanggal Tersebut                                         for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                               (Expressed in millions of Rupiah,                                     (Disajikan dalam jutaan Rupiah,                                          (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                      unless otherwise stated)                                              kecuali dinyatakan lain)                                                 unless otherwise stated)


13. Efek-Efek (lanjutan)                                                      13. Securities (continued)                                            13. Efek-Efek (lanjutan)                                                13. Securities (continued)

    Rincian efek-efek pada tanggal 31 Desember 2025                                 Details of securities as of December 31, 2025 and                   Rincian efek-efek adalah sebagai berikut:                                  Details of the securities are as follows:
    dan 2024 sebagai berikut: (lanjutan)                                            2024 as follows: (continued)
                                                                                                                                                        Nilai wajar melalui penghasilan komprehensif lain                          Fair values through other comprehensive income
                                                                    2024                                                                                didasarkan pada harga pasar efek yang tercatat                             securities are based on market prices of listed
                                                                                                                                                        pada        tanggal         pelaporan.      Mutasi                         securities at the reporting date. Movements of
                                                      Nilai                  Nilai
                                                                                                                                                        keuntungan/(kerugian) yang belum direalisasi akibat                        unrealized gains/(losses) resulting from the
                                                    nominal/               tercatat/
                                                    Nominal                Carrying                                                                     kenaikan/(penurunan) nilai wajar efek-efek dicatat                         increase/(decrease) in fair value of marketable
                                                     Value                 amount                                                                       sebagai bagian komponen ekuitas, sehingga Bank                             securities is recorded as part of the equity
                                                                                                                                                        mengakui keuntungan/(kerugian) periode berjalan                            component, and the Bank recognized current period
    Nilai wajar melalui                                                                                            Fair value through other             atas perubahan nilai wajar efek-efek, sedangkan                            gain/(losses) from changes in fair value of
       penghasilan komprehensif lain                                                                              comprehensive income
                                                                                                                                                        penyesuaian     reklasifikasi   atas   keuntungan/                         marketable securities, whereas reclassification
          Pihak Ketiga                                                                                                     Third Parties
          Rupiah                                                                                                                 Rupiah                 (kerugian) sudah termasuk dalam laba rugi.                                 adjustment on gains/(losses) are included in profit or
          Obligasi pemerintah                              140.000                139.919                           Government bonds                                                                                               loss.
          Sekuritas Rupiah Bank Indonesia                1.905.000              1.859.420              Bank Indonesia Rupiah Securities
                                                                                                                                                        Perubahan keuntungan/(kerugian) yang belum                                 The changes of unrealized gains/(losses) on
   Total nilai wajar melalui                                                                                    Total fair value through other          direalisasi atas efek-efek dalam kelompok nilai wajar                      marketable securities in fair value through other
      penghasilan komprehensif lain                      2.045.000              1.999.339                          comprehensive income
                                                                                                                                                        melalui penghasilan komprehensif lain adalah                               comprehensive income:
                                                                                                                                                        sebagai berikut:
    Biaya perolehan diamortisasi                                                                                             Amortized cost
         Pihak Ketiga                                                                                                      Third Parties                                                                2025                2024
         Valuta Asing                                                                                                Foreign currencies
         Sekuritas Valas Bank Indonesia                   160.950                160.686               Bank Indonesia Foreign Securities                Saldo awal                                           (201)                  (61)                                  Beginning balance
                                                                                                                                                        Perubahan nilai wajar                              11.792                  (179)                                Changes in fair value
    Total biaya perolehan diamortisasi                    160.950                160.686                                   Total amortized cost         Pajak penghasilan terkait akun-akun                                                                   Income tax of related accounts
                                                                                                                                                           yang akan direklasifikasi                                                                                 which will be reclassified
    Total                                                2.205.950              2.160.025                                                   Total          ke laporan laba rugi                            (2.594)                   39                          to statement of profit or loss
    Cadangan kerugian penurunan nilai                                                    -                    Allowance for Impairment Losses           Saldo Akhir                                            8.997               (201)                                     Ending balance
    Neto                                                                        2.160.025                                                    Net
                                                                                                                                                        Perubahan nilai tercatat bruto efek-efek selama                            The changes in gross carrying amount on securities
    Rincian efek-efek adalah sebagai berikut:                                       Details of the securities are as follows:
                                                                                                                                                        tahun berjalan adalah sebagai berikut:                                     during the year are as follows:
                                                                                     2025
                                                                                                                                                                                       Tahap 1/          Tahap 2/           Tahap 3/            Jumlah/
                                                                                                                                                                                       Stage 1           Stage 2            Stage 3              Total
                                                                                                                                    Frekuensi
                                                                                                                               pembayaran bunga/        31 Desember 2023                      389.952                   -                  -        389.952                December 31, 2023
                                       Nilai nominal/       Nilai tercatat/              Rentang tanggal jatuh tempo/            Frequency of
                                       Nominal value       Carrying amount                    Range of maturity                   interest date         Aset baru                        2.020.106                      -                  -      2.020.106               New assets originated
                                                                                                                                                        Aset dihentikan pengakuannya                                    -                  -              -
   Obligasi Pemerintah/                                                                                        15 Juli 2035/                             atau dilunasi (kecuali                                         -                  -              -       Assets derecognized or repaid
       Government Bonds                       325.000                 341.234                                 July 15, 2035        6 bulan/months        hapus buku)                      (250.030)                     -                  -       (250.030)               (exclude write off)
   SKBDN/                                                                                               18 Desember 2026/                               Pengukuran kembali                      (3)                     -                  -             (3)                   Remeasurement
       SKBDN                                   15.043                  14.016                           December 18, 2026
   Sekuritas Rupiah Bank Indonesia/                                                           2 Januari 2026 – 17 Juli 2026/                            31 Desember 2024                 2.160.025                      -                  -      2.160.025                December 31, 2024
       Bank Indonesia Rupiah Securities       800.000                 793.292               January 2, 2026 – July 17, 2026
   Sekuritas Valas Bank Indonesia/                                                       21 Januari 2026 – 30 Januari 2026/                             Aset baru                        1.481.150                      -                  -      1.481.150               New assets originated
       Bank Indonesia Foreign Securities      333.500                 332.608          January 21, 2026 – January 30, 2026                              Aset dihentikan pengakuannya
                                                                                                                                                         atau dilunasi (kecuali                                                                                   Assets derecognized or repaid
                                                                                     2024                                                                hapus buku)                     (2.160.025)                    -                  -      (2.160.025)              (exclude write off)
                                                                                                                                                        Pengukuran kembali                        -                     -                  -               -                   Remeasurement
                                                                                                                                    Frekuensi
                                                                                                                               pembayaran bunga/        31 Desember 2025                 1.481.150                      -                  -      1.481.150                December 31, 2025
                                       Nilai nominal/       Nilai tercatat/              Rentang tanggal jatuh tempo/            Frequency of
                                       Nominal value       Carrying amount                    Range of maturity                   interest date
                                                                                                                                                        Manajemen Bank berpendapat bahwa cadangan                                  The Bank’s management believes that no
   Obligasi Pemerintah/
       Government Bonds                       140.000                 139.919                       25 April/April 25, 2025        3 bulan/months
                                                                                                                                                        kerugian penurunan nilai tidak diperlukan.                                 allowances for impairment losses is necessary.
   Sekuritas Rupiah Bank Indonesia/                                                  24 Januari 2025 - 12 Desember 2025/
       Bank Indonesia Rupiah Securities      1.905.000               1.859.420      January 24, 2025 - December 12, 2025                                Informasi mengenai suku bunga efek-efek                                    Information in respect of interest rate of securities is
   Sekuritas Valas Bank Indonesia/                                                                                                                      diungkapkan pada Catatan 3b. Informasi mengenai                            disclosed in Note 3b. Information in respect of
       Bank Indonesia Foreign Securities      160.950                 160.686                  13 Januari/January 13, 2026
                                                                                                                                                        jatuh tempo surat-surat berharga diungkapkan pada                          maturities of securities is disclosed in Note 3c.
                                                                                                                                                        Catatan 3c. Informasi mengenai klasifikasi dan nilai                       Information regarding the classification and fair
                                                                                                                                                        wajar efek-efek diungkapkan pada Catatan 35.                               value of securities is disclosed in Note 35.




                                                                     77                                                                                                                                                78
Page 190
                                                                            The original financial statements included herein are in the                                                                                    The original financial statements included herein are in the
                                                                                                                  Indonesian language.                                                                                                                            Indonesian language.

         PT BANK QNB INDONESIA TBK                                                  PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK                                                    PT BANK QNB INDONESIA TBK
      CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS                                   CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2025 dan untuk                                            As of December 31, 2025 and                                     Tanggal 31 Desember 2025 dan untuk                                              As of December 31, 2025 and
    Tahun yang Berakhir pada Tanggal Tersebut                                          for the Year Then Ended                                    Tahun yang Berakhir pada Tanggal Tersebut                                            for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                           (Expressed in millions of Rupiah,                                   (Disajikan dalam jutaan Rupiah,                                             (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                  unless otherwise stated)                                            kecuali dinyatakan lain)                                                    unless otherwise stated)


13. Efek-Efek (lanjutan)                                                 13. Securities (continued)                                            15. Aset Tetap dan Aset Hak Guna (lanjutan)                               15. Fixed Assets              and      Right-of-Use          Assets
                                                                                                                                                                                                                             (continued)
    Informasi mengenai efek-efek yang diberikan                                 Information regarding the currency type of securities
    berdasarkan jenis mata uang diungkapkan pada                                is disclosed in Note 38.                                           Aset tetap dan aset hak guna pada tanggal                                    Fixed assets and right-of-use assets as of
    Catatan 38.                                                                                                                                    31 Desember 2025 dan 2024 adalah sebagai                                     December 31, 2025 and 2024 are as follows:
                                                                                                                                                   berikut: (lanjutan)                                                          (continued)
    Pada tanggal 31 Desember 2025 dan 2024, efek-                               As of December 31, 2025 and 2024, securities with
    efek sejumlah nominal masing-masing sebesar                                 nominal RpNil and Rp100,000, respectively were
                                                                                                                                                                                                                  2024
    RpNihil dan Rp100.000 telah dijual dengan janji                             sold under agreement to repurchase (Note 22).
    dibeli kembali (Catatan 22).                                                                                                                                                Saldo awal/                                                 Saldo akhir/
                                                                                                                                                                                Beginning         Penambahan/        Pengurangan/             Ending
                                                                                                                                                                                 Balance            Additions         Deductions              balance
14. Beban Dibayar Dimuka                                                 14. Prepayments
                                                                                                                                                   Biaya perolehan:                                                                                                                     Cost:
                                                                                                                                                    Tanah                              53.429                   -                       -          53.429                             Land
    Rincian beban dibayar dimuka pada tanggal                                   Details of prepayments as of December 31, 2025                      Gedung                              5.415                   -                       -           5.415                         Buildings
    31 Desember 2025 dan 2024 adalah sebagai                                    and 2024 are as follows:                                            Renovasi dan perbaikan
    berikut:                                                                                                                                          gedung                           69.370             3.788                         -          73.158          Leasehold improvement
                                                                                                                                                    Perlengkapan dan perabot                                                                                               Office equipment,
                                                                                                                                                      kantor                          194.875            13.960                 (1.058)           207.777           furniture and fixtures
                                                  2025                   2024
                                                                                                                                                                                      323.089            17.748                 (1.058)           339.779
   Perolehan aset tetap                              23.930                  3.618                            Acquisition of fixed assets          Aset hak guna                      186.583            30.664                 (8.603)           208.644              Right-of-use assets
   Pemeliharaan                                      20.811                 16.437                                         Maintenance
                                                                                                                                                   Total biaya perolehan              509.672            48.412                 (9.661)           548.423                           Total cost
   Asuransi                                           4.874                  3.578                                              Insurance
   Bonus                                              2.026                  5.678                                                 Bonus           Akumulasi penyusutan                                                                                       Accumulated depreciation:
   Lain-lain                                          8.958                 13.887                                                 Others           Gedung                              (2.928)            (198)                        -           (3.126)                    Buildings
                                                                                                                                                    Renovasi dan perbaikan
    Total                                            60.599                 43.198                                                    Total           gedung                           (51.363)           (3.697)                       -          (55.060)        Leasehold improvement
                                                                                                                                                    Perlengkapan dan perabot                                                                                              Office equipment,
                                                                                                                                                      kantor                          (148.702)          (30.209)                 1.038          (177.873)         furniture and fixtures
15. Aset Tetap dan Aset Hak Guna                                         15. Fixed Assets and Right-of-Use Assets                                                                     (202.993)          (34.104)                 1.038          (236.059)
                                                                                                                                                   Aset hak guna                       (93.763)          (23.555)                 8.141          (109.177)                Right-of-use assets
    Aset tetap dan aset hak guna pada tanggal                                   Fixed assets and right-of-use assets as of
                                                                                                                                                   Total akumulasi penyusutan         (296.756)          (57.659)                 9.179          (345.236) Total accumulated depreciation
    31 Desember 2025 dan 2024 adalah sebagai                                    December 31, 2025 and 2024 are as follows:
    berikut:                                                                                                                                       Nilai buku - neto                  212.916                                                     203.187                   Book value - net

                                                                  2025
                                                                                                                                                   Beban penyusutan aset tetap dan aset hak guna                                Depreciation expense of fixed assets and right-of-
                                 Saldo awal/                                               Saldo akhir/                                            yang dibebankan ke dalam beban umum dan                                      uses assets charged to general and administrative
                                 Beginning        Penambahan/        Pengurangan/            Ending
                                  Balance           Additions         Deductions             balance
                                                                                                                                                   administrasi sebesar Rp41.901 dan Rp57.659 untuk                             expenses amounted to Rp41,901 and Rp57,659 for
                                                                                                                                                   tahun yang berakhir tanggal 31 Desember 2025 dan                             the years ended December 31, 2025 and 2024,
    Biaya perolehan:                                                                                                                  Cost:        2024 (Catatan 33).                                                           respectively (Note 33).
     Tanah                              53.429                  -                     -           53.429                            Land
     Gedung                              5.415                  -                     -            5.415                        Buildings
     Renovasi dan perbaikan                                                                                                                        Rincian penjualan aset tetap adalah sebagai berikut:                         Details of sale of fixed assets are as follows:
       gedung                           73.158              349                 (20.125)          53.382         Leasehold improvement
     Perlengkapan dan perabot                                                                                            Office equipment,
       kantor                          207.777           17.680                 (37.973)         187.484          furniture and fixtures                                                          2025                   2024
                                      339.779            18.029                 (58.098)         299.710                                           Hasil penjualan aset tetap                            211                     110                  Proceeds from sale of fixed assets
    Aset hak guna                     208.644             1.510                  (8.212)         201.942              Right-of-use assets          Nilai buku                                         (4.421)                    (20)                                   Net book value
    Total biaya perolehan             548.423            19.539                 (66.310)         501.652                          Total cost
                                                                                                                                                   (Rugi)/Laba penjualan aset tetap                   (4.210)                     90                (Loss)/Gain on sale of fixed assets
    Akumulasi penyusutan                                                                                       Accumulated depreciation:
     Gedung                             (3.126)            (198)                      -            (3.324)                   Buildings
     Renovasi dan perbaikan                                                                                                                        Pada tanggal 31 Desember 2025, seluruh hak                                   As of December 31, 2025, all the Bank’s land are in
       gedung                          (55.060)           (4.041)                16.702           (42.399)       Leasehold improvement
     Perlengkapan dan perabot                                                                                           Office equipment,          kepemilikan atas tanah Bank adalah dalam bentuk                              the form of Right to Build (Hak Guna Bangunan),
       kantor                         (177.873)          (14.141)                36.975         (155.039)        furniture and fixtures            Hak Guna Bangunan (HGB), yang memiliki sisa                                  which have a remaining period of legal rights
                                      (236.059)          (18.380)                53.677         (200.762)
                                                                                                                                                   jangka waktu hak legal berkisar dari 2 tahun sampai                          ranging from 2 to 20 years. The Bank’s management
    Aset hak guna                     (109.177)          (23.521)                 3.059         (129.639)               Right-of-use assets        dengan 20 tahun. Manajemen Bank berkeyakinan                                 believes that the landrights can be extended upon
                                                                                                                                                   bahwa hak kepemilikan atas tanah tersebut dapat                              expiry.
    Total akumulasi penyusutan        (345.236)          (41.901)                56.736         (330.401)    Total accumulated depreciation
                                                                                                                                                   diperpanjang pada saat jatuh tempo.
    Nilai buku - neto                 203.187                                                    171.251                 Book value – net




                                                              79                                                                                                                                             80
Page 191
                                                                        The original financial statements included herein are in the                                                                          The original financial statements included herein are in the
                                                                                                              Indonesian language.                                                                                                                  Indonesian language.

        PT BANK QNB INDONESIA TBK                                            PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS                                  CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025 and                                    Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended                                   Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,                                  (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                            unless otherwise stated)                                           kecuali dinyatakan lain)                                           unless otherwise stated)


15. Aset Tetap dan Aset Hak Guna (lanjutan)                          15. Fixed Assets          and      Right-of-Use       Assets      15. Aset Tetap dan Aset Hak Guna (lanjutan)                         15. Fixed Assets          and      Right-of-Use        Assets
                                                                         (continued)                                                                                                                           (continued)

    Pada tanggal 31 Desember 2025 dan 2024, aset                        As of December 31, 2025, and December 31, 2024,                    Aset hak guna per 31 Desember 2025 dan 2024                         Right-of-use assets as of December 31, 2025 and
    tetap yang telah disusutkan penuh dan masih                         fixed assets that have been fully depreciated yet still            adalah sebagai berikut: (lanjutan)                                  2024 are as follows: (continued)
    digunakan masing-masing sejumlah Rp153.992 dan                      being used amounted to Rp153,992 and                                                                                        2024
    Rp185.398.                                                          Rp185,398, respectively.
                                                                                                                                                                    Saldo awal/                                           Saldo akhir/
                                                                                                                                                                    Beginning        Penambahan/       Pengurangan/         Ending
    Pada tanggal 31 Desember 2025, kendaraan,                           As of December 31, 2025, motor vehicles, buildings                                           Balance           Additions        Deductions          balance
    gedung, perlengkapan dan perabot kantor telah                       and office equipment were insured with PT Asuransi
                                                                                                                                           Biaya perolehan:                                                                                                         Cost:
    diasuransikan kepada PT Asuransi Harta Aman                         Harta Aman Pratama Tbk, PT Asuransi Mitra                           Gedung                       167.082           23.611               (8.123)         182.570                       Buildings
    Pratama Tbk, PT Asuransi Mitra Pelindung Mustika,                   Pelindung Mustika, dan PT Sunday Insurance                          Kendaraan bermotor             2.720                -                 (480)           2.240                       Vehicles
    dan PT Sunday Insurance Indonesia melalui PT                        Indonesia through PT Marsh Indonesia and as of                      Lainnya                       16.781            7.053                    -           23.834                         Others
    Marsh      Indonesia      dan      pada     tanggal                 December 31, 2024, motor vehicles, buildings and                                                 186.583           30.664               (8.603)         208.644
    31    Desember      2024,     kendaraan,   gedung,                  office equipment were insured with PT Sompo                        Akumulasi penyusutan:                                                                              Accumulated depreciation:
    perlengkapan dan perabot kantor diasuransikan                       Insurance and Malacca Trust Insurance through PT                    Gedung                        (78.490)         (18.211)             7.662            (89.039)                   Buildings
    kepada PT Sompo Insurance Indonesia dan                             Marsh Indonesia against all risks of physical loss or               Kendaraan bermotor             (1.628)            (718)               479             (1.867)                   Vehicles
                                                                                                                                            Lainnya                       (13.645)          (4.626)                 -            (18.271)                     Others
    Malacca Trust Insurance         melalui PT Marsh                    damage for sum insured of Rp132,798 and
    Indonesia terhadap semua risiko kehilangan atau                     Rp140,472 as of December 31, 2025 and 2024,                                                       (93.763)         (23.555)             8.141          (109.177)
    kerusakan fisik dengan nilai pertanggungan masing-                  respectively.                                                      Nilai buku - neto               92.820                                                 99.467                Book value - net
    masing sejumlah Rp132.798 dan Rp140.472 untuk
    31 Desember 2025 dan 2024.
                                                                                                                                       16. Aset Takberwujud                                                16. Intangible Assets
    Manajemen Bank berkeyakinan bahwa nilai                             The Bank’s management believes that the
    pertanggungan aset tetap yang diasuransikan                         insurance coverage is adequate to cover possible                  Aset tak berwujud pada tanggal 31 Desember 2025                     Intangible assets as of December 31, 2025 and 2024
    adalah cukup untuk menutupi kemungkinan                             losses on the assets insured. The Bank’s                          dan 2024 adalah sebagai berikut:                                    are as follows:
    kerugian atas aset yang dipertanggungkan.                           management also believes that there was no                                                                                    2025
    Manajemen Bank juga berkeyakinan tidak terdapat                     impairment of fixed assets during the year.                                                 Saldo awal/                                           Saldo akhir/
    penurunan nilai aset tetap selama tahun berjalan.                                                                                                               Beginning        Penambahan/       Pengurangan/         Ending
                                                                                                                                                                     balance           Additions        Deductions          balance
    Pada tanggal 31 Desember 2025 dan 2024, tidak                       As of December 31, 2025 and 2024, there are no                     Biaya perolehan:                                                                                                        Cost:
    ada aset tetap yang dijadikan jaminan.                              fixed assets pledged as collateral.                                 Perangkat lunak              110.006            4.449              (19.684)           94.771                      Software
                                                                                                                                            Lisensi penggunaan
                                                                                                                                               perangkat lunak             66.703              60              (28.516)           38.247               Software license
    Aset hak guna per 31 Desember 2025 dan 2024                         Right-of-use assets as of December 31, 2025 and
                                                                                                                                                                         176.709            4.509              (48.200)         133.018
    adalah sebagai berikut:                                             2024 are as follows:
                                                                                                                                            Akumulasi amortisasi:                                                                             Accumulated amortization:
                                                              2025                                                                          Perangkat lunak               (70.922)          (8.077)            19.665            (59.334)                   Software
                                                                                                                                            Lisensi penggunaan
                               Saldo awal/                                          Saldo akhir/                                               perangkat lunak            (45.238)          (4.001)            26.426            (22.813)              Software license
                               Beginning        Penambahan/      Pengurangan/         Ending
                                Balance           Additions       Deductions          balance                                                                            (116.160)         (12.078)            46.091            (82.147)
    Biaya perolehan:                                                                                                         Cost:         Nilai buku - neto               60.549                                                 50.871                Book value - net
     Gedung                         182.570            1.500              (8.212)         175.858                      Buildings
     Kendaraan bermotor               2.240                -                   -            2.240                      Vehicles
     Lainnya                         23.834               10                   -           23.844                        Others                                                                       2024
                                    208.644            1.510              (8.212)         201.942                                                                   Saldo awal/                                           Saldo akhir/
                                                                                                                                                                    Beginning        Penambahan/       Pengurangan/         Ending
    Akumulasi penyusutan:                                                                               Accumulated depreciation:
     Gedung                          (89.039)         (19.202)            3.059           (105.182)                   Buildings                                      balance           Additions        Deductions          balance
     Kendaraan bermotor               (1.867)            (373)                -             (2.240)                   Vehicles             Biaya perolehan:                                                                                                        Cost:
     Lainnya                         (18.271)          (3.946)                -            (22.217)                     Others              Perangkat lunak              105.828            4.178                     -         110.006                       Software
                                    (109.177)         (23.521)            3.059          (129.639)                                          Lisensi penggunaan
                                                                                                                                               perangkat lunak             58.583           8.120                     -           66.703               Software license
    Nilai buku - neto                 99.467                                                72.303                Book value - net
                                                                                                                                                                         164.411           12.298                     -         176.709
                                                                                                                                           Akumulasi amortisasi:                                                                              Accumulated amortization:
                                                                                                                                            Perangkat lunak               (62.883)          (8.039)                   -          (70.922)                   Software
                                                                                                                                            Lisensi penggunaan
                                                                                                                                               perangkat lunak            (41.636)          (3.602)                   -          (45.238)              Software license
                                                                                                                                                                         (104.519)         (11.641)                   -         (116.160)
                                                                                                                                           Nilai buku - neto               59.892                                                 60.549                Book value - net




                                                          81                                                                                                                                   82
Page 192
                                                                         The original financial statements included herein are in the                                                                     The original financial statements included herein are in the
                                                                                                               Indonesian language.                                                                                                             Indonesian language.

        PT BANK QNB INDONESIA TBK                                               PT BANK QNB INDONESIA TBK                                       PT BANK QNB INDONESIA TBK                                      PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS                                CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025 and                                  Tanggal 31 Desember 2025 dan untuk                                As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                       for the Year Then Ended                                 Tahun yang Berakhir pada Tanggal Tersebut                              for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                        (Expressed in millions of Rupiah,                                (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                               unless otherwise stated)                                         kecuali dinyatakan lain)                                      unless otherwise stated)


16. Aset Takberwujud (lanjutan)                                      16. Intangible Assets (continued)                                  17. Agunan yang Diambil Alih (lanjutan)                        17. Foreclosed Assets (continued)

                                                                                                                                            Pada tanggal 31 Desember 2024, nilai tercatat                  As of December 31, 2024, the carrying value of
    Beban amortisasi yang dibebankan dalam beban                            Amortization expense charged to general and
                                                                                                                                            agunan yang diambil alih (AYDA) Rp236.041.                     foreclosed assets amounted to Rp236,041,
    umum dan administrasi sejumlah Rp12.078 dan                             administrative expenses amounted to Rp12.078 and
                                                                                                                                            Sedangkan pada tanggal 31 Desember 2024, nilai                 respectivelyw. Meanwhile, as of December 31,
    Rp11.641 untuk tahun 2025 dan 2024 (Catatan 33).                        Rp11,641 for the year 2025 and 2024 (Note 33).
                                                                                                                                            wajar agunan yang diambil alih sebesar Rp340.803.              2024, the fair value of foreclosed assets amounted
                                                                                                                                                                                                           to Rp340,803.
    Pada tanggal 31 Desember 2025 dan 2024, aset                            As of December 31, 2025 and 2024, intangible
    takberwujud yang telah diamortisasi penuh dan                           assets that have been fully amortized yet still being           Sepanjang tahun 2025 dan 2024, Bank melakukan                  During 2025 and 2024, the Bank sold foreclosed
    masih    digunakan   masing-masing    sejumlah                          used amounted to Rp39,195 and Rp78,125,                         penjualan agunan yang diambil alih dengan nilai                assets with a net value amounting to Rp236,041 and
    Rp39.195 dan Rp78.125.                                                  respectively.                                                   bersih masing-masing sebesar Rp236.041 dan                     Rp414,630, respectively.
                                                                                                                                            Rp414.630.
    Pada tanggal 31 Desember 2025 dan 2024, seluruh                         As of December 31, 2025 and 2024, all intangible
    aset tak berwujud tidak mengalami penurunan nilai.                      assets are not impaired.                                        Manajemen Bank berkeyakinan bahwa cadangan                     The Bank’s management believes that the 2024
                                                                                                                                            kerugian penurunan nilai yang telah dibentuk tahun             allowance for impairment losses was adequate to
17. Agunan yang Diambil Alih                                         17. Foreclosed Assets                                                  2024 cukup untuk menutup kemungkinan kerugian                  cover possible losses on foreclosed assets.
                                                                                                                                            atas agunan yang diambil alih.
    Rincian dalam akun ini adalah:                                          Details are as follows:
                                                                                                                                            Pada tanggal 31 Desember 2025, Bank tidak                      As of December 31, 2025, the Bank did not have any
                                               2025                  2024
                                                                                                                                            memiliki agunan yang diambil alih. Pada tanggal                foreclosed assets. As of that date, all foreclosed
    Agunan yang diambil alih                                -          271.237                                  Foreclosed assets           tersebut, seluruh agunan yang sebelumnya diambil               assets previously acquired by the Bank had been
    Cadangan kerugian penurunan nilai                       -          (35.196)                   Allowance for impairment losses           alih telah diselesaikan melalui penjualan kepada               settled through sales to third parties.
    Total                                                   -          236.041                                               Total          pihak ketiga.

                                                                                                                                            Penilaian nilai wajar atas tanah dan bangunan untuk            The fair valuations of land and building for the years
    Perubahan cadangan kerugian penurunan nilai                             The changes in allowance for impairment losses on               tanggal yang berakhir 31 Desember 2024 dilakukan               ended December 31, 2024 are perfomed by the
    agunan yang diambil alih selama tahun berjalan                          foreclosed assets during the year are as follows:               oleh penilai independen eksternal Kantor Jasa                  following external independent appraiser, Office of
    adalah sebagai berikut:                                                                                                                 Penilai Publik (“KJPP”) Firman, Suryantoro, Sugeng,            Public Appraisal Service (“KJPP”) Firman,
                                                                                                                                            Suzy, Hartomo & Rekan dan Penilai Internal.                    Suryantoro, Sugeng, Suzy, Hartomo & Rekan and
                                               2025                  2024
                                                                                                                                                                                                           Internal Appraiser.
    Saldo awal tahun                               35.196               35.319                          Balance beginning of year
    Penjualan selama tahun berjalan               (35.196)                   -                              Sales during the year           Nilai wajar untuk tujuan pengukuran pengakuan                  The fair values for the purposes of the measurement
    Pemulihan                                           -                 (123)                                         Reversal            awal dan pengukuran setelah pengakuan awal                     at initial recognition and the measurement
    Saldo akhir tahun                                       -           35.196                               Balance end of year            (Catatan 2q) agunan yang diambil alih dinilai oleh             subsequent to the initial recognition (Note 2q) of
                                                                                                                                            KJPP, penilai properti independen eksternal, yang              foreclosed assets were determined by KJPP, an
                                                                                                                                            memenuhi       kualifikasi    profesional     dan              external independent property appraiser, who fulfills
    Pada tanggal 31 Desember 2024, Bank memiliki                            On December 31, 2024, the Bank has a bank                       berpengalaman di lokasi dan kategori aset yang                 the professional qualifications and experience in the
    bank garansi dari pihak berelasi yaitu Qatar National                   guarantee from Qatar National Bank (Q.P.S.C.), a                dinilai.                                                       location and category of the assets being valued.
    Bank (Q.P.S.C). Bank Garansi akan menutupi                              related party. The bank guarantee will cover
    kemungkinan kerugian terhadap risiko kerugian atas                      potential losses in case of the reduction of the                Penilaian dilakukan berdasarkan Standar Penilaian              Valuations are performed based on Indonesian
    penurunan nilai dari penjualan aset yang diambil alih                   foreclosed asset value from sales of foreclosed                 Indonesia (SPI 2018) untuk tujuan pelaporan                    Valuation Standards (SPI 2018) for purposes of
    dengan nilai dari bank garansi tersebut Rp179.380.                      assets with value of the bank guarantee amounting               keuangan. Nilai wajar ditentukan dengan                        financial reporting. Fair values are determined using
    Bank garansi ini akan digunakan oleh Bank dengan                        to Rp179,380. This bank guarantee will be used by               menggunakan hirarki dan input-input yang                       the following hierarchy of input used in the valuation
    cara mengajukan klaim dari Qatar National Bank                          the Bank to make claims from Qatar National Bank                digunakan dalam teknis penilaian untuk aset non-               techniques for non-financial assets:
    (Q.P.S.C) sejumlah selisih antara nilai buku dari                       (Q.P.S.C) amounting to the difference between                   keuangan:
    aset yang diambil alih yang tercatat pada                               book value of the foreclosed asset as of December
    31 Desember 2018 dengan harga jual setelah                              31, 2018 and its sales price after related costs.               -   Tingkat 1: Input yang berasal dari harga                   -   Level 1: Inputs that are quoted prices
    dikurangi biaya-biaya penjualan. Pengajuan klaim                        Multiple claims can be made but the aggregate                       kuotasian (tanpa penyesuaian) dalam pasar                      (unadjusted) in active markets for identical
    dapat dilakukan lebih dari sekali, namun jumlah                         amount should not exceed the value of the bank                      aktif untuk aset yang identik.                                 assets.
    agregat tidak melebihi nilai dari bank garansi. Pada                    guarantee. On December 31, 2024, the Bank has                   -   Tingkat 2: Input selain harga kuotasian pasar              -   Level 2: Inputs other than quoted market price
    tanggal 31 Desember 2024, Bank menerima                                 received an addendum of the bank guarantee                          dalam level 1 yang dapat diobservasi baik                      included in level 1 that are observable either
    addendum perjanjian bank garansi dengan Qatar                           agreement with Qatar National Bank (Q.P.S.C)                        secara langsung maupun tidak langsung.                         directly or indirectly.
    National Bank (Q.P.S.C) yang berlaku sampai                             which is valid until June 30, 2025. As of December              -   Tingkat 3: Input yang tidak dapat diobservasi.             -   Level 3: Inputs that are unobservable.
    dengan 30 Juni 2025. Pada tanggal 31 Desember                           31, 2025, the foreclosed collateral (AYDA) was sold
    2025, agunan yang diambil alih (AYDA) sudah                             at a selling price of Rp55,743 and costs related to
    terjual dengan harga jual Rp55.743 dan biaya-biaya                      the sale amounting to Rp3,951, so the Bank
    sehubungan dengan penjualan sebesar Rp3.951,                            recognized a loss from the sale of AYDA after the
    sehingga Bank mengakui adanya kerugian dari                             bank guarantee claim amounting to Rp4,869.
    penjualan AYDA setelah klaim bank garansi sebesar
    Rp4.869.



                                                                83                                                                                                                                84
Page 193
                                                                               The original financial statements included herein are in the                                                                                       The original financial statements included herein are in the
                                                                                                                     Indonesian language.                                                                                                                               Indonesian language.

         PT BANK QNB INDONESIA TBK                                                    PT BANK QNB INDONESIA TBK                                       PT BANK QNB INDONESIA TBK                                                           PT BANK QNB INDONESIA TBK
      CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS                                CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2025 dan untuk                                              As of December 31, 2025 and                                  Tanggal 31 Desember 2025 dan untuk                                                     As of December 31, 2025 and
    Tahun yang Berakhir pada Tanggal Tersebut                                            for the Year Then Ended                                 Tahun yang Berakhir pada Tanggal Tersebut                                                   for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                             (Expressed in millions of Rupiah,                                (Disajikan dalam jutaan Rupiah,                                                    (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                    unless otherwise stated)                                         kecuali dinyatakan lain)                                                           unless otherwise stated)


17. Agunan yang Diambil Alih (lanjutan)                                  17. Foreclosed Assets (continued)                                    20. Simpanan dari Nasabah                                                      20. Deposits from Customers

    Nilai wajar adalah berdasarkan pendekatan data                              The fair values are based on market data approach                                                                                          2024
    pasar dengan membandingkan harga-harga aset                                 by comparing observable market prices of similar                                                                Pihak berelasi/       Pihak ketiga/
    yang serupa yang dapat diobservasi. Harga pasar                             assets. Market prices in close proximity are adjusted                                                           Related parties       Third parties         Total
    yang paling mendekati disesuaikan dengan                                    for differences in key attributes such as: land and
                                                                                                                                                 Rupiah                                                                                                                                 Rupiah
    perbedaan atribut-atribut utama, seperti: ukuran                            buildings size, location, occupancy rate, physical                Giro                                                     1.659             197.494           199.153                     Demand deposits
    tanah dan bangunan, lokasi, tingkat hunian, kondisi                         conditions, depreciation factors and replacement                  Tabungan                                                   596             371.246           371.842                      Saving deposits
    fisik, faktor depresiasi dan biaya penggantian.                             costs. These fair value measurement also considers                Deposito berjangka dan deposito on call                    423           2.950.396         2.950.819     Time deposits and on call deposits
    Pengukuran nilai wajar juga mempertimbangkan                                highest and best use of the asset being valued.                                                                            2.678           3.519.136         3.521.814
    penggunaan tertinggi dan terbaik (highest and best
    use) dari aset yang dinilai.                                                                                                                 Valuta asing                                                                                                              Foreign currencies
                                                                                                                                                  Giro                                                    15.276           1.407.425         1.422.701                     Demand deposits
                                                                                                                                                  Deposito berjangka dan deposito on call                 80.475           2.316.888         2.397.363     Time deposits and on call deposits
    Selama tahun 2024, pengukuran nilai wajar di atas                           During 2024, the above fair value measurement has
    dikategorikan sebagai nilai wajar Level 2                                   been categorized as a Level 2 fair value based on                                                                         95.751           3.724.313         3.820.064
    berdasarkan input-input dalam teknik penilaian yang                         the inputs to the valuation technique used.                      Total                                                    98.429           7.243.449         7.341.878                                    Total
    digunakan.

18. Aset Lain-lain - neto                                                18. Other Assets - net                                                  Saldo deposito berjangka dan deposito on call                                     The amount of time deposits and on call deposits
                                                                                                                                                 berdasarkan periodenya:                                                           based on period:
    Aset lain-lain terdiri atas:                                                Other assets consists of:
                                                                                                                                                                                              2025                                          2024

                                                     2025                2024                                                                                                                 Valuta                                        Valuta
                                                                                                                                                                                              asing/                                        asing/
    Piutang bunga                                        81.416                81.535                                Interest receivable                                                     Foreign                                       Foreign
    Setoran jaminan                                       6.815                 6.819                                 Security deposits                                      Rupiah         currencies        Total          Rupiah       currencies      Total

    Properti terbengkalai                                   255                 6.543                               Abandoned property           Kurang dari 1 bulan           855.418        2.832.749      3.688.167        1.044.716     1.249.137     2.293.853           Less than 1 month
    Lain-lain                                            50.160                14.614                                            Others          > 1 - 3 bulan                 639.678          868.095      1.507.773        1.153.641       895.706     2.049.347              > 1 - 3 months
                                                                                                                                                 > 3 - 6 bulan                 558.749          581.977      1.140.726          425.549        53.570       479.119              > 3 - 6 months
    Total                                               138.646               109.511                                                Total       > 6 - 12 bulan                159.057            6.574        165.631          246.913        52.088       299.001             > 6 - 12 months
                                                                                                                                                 On call                       230.000            2.149        232.149           80.000       146.862       226.862                      On call

                                                                                                                                                 Total                        2.442.902       4.291.544      6.734.446        2.950.819     2.397.363     5.348.182                       Total
19. Liabilitas Segera                                                    19. Liabilities Payable on Demand

    Liabilitas segera terdiri atas:                                             Liabilities payable on demand consists of:                       Pada tanggal 31 Desember 2025 dan 2024, jumlah                                    As of December 31, 2025 and 2024, time deposits
                                                                                                                                                 deposito yang dijadikan sebagai jaminan kredit yang                               pledged as loan collateral amounted to Rp149,886
                                                     2025                2024                                                                    diberikan   adalah      masing-masing      sebesar                                and Rp377,036, respectively (Note 12).
                                                                                                                                                 Rp149.886 dan Rp377.036 (Catatan 12).
    Utang pajak                                          12.859                 9.073                                       Tax payables
    Lain-lain                                               490                11.949                                             Others
                                                                                                                                                 Informasi mengenai suku bunga simpanan dari                                       Information in respect of interest rate of deposits
    Total                                                13.349                21.022                                                Total       nasabah diungkapkan pada Catatan 3b. Informasi                                    from customers is disclosed in Note 3b. Information
                                                                                                                                                 mengenai jatuh tempo simpanan dari nasabah                                        in respect of maturities of deposits from customers
                                                                                                                                                 diungkapkan pada Catatan 3c. Informasi mengenai                                   is disclosed in Note 3c. Information regarding the
20. Simpanan dari Nasabah                                                20. Deposits from Customers
                                                                                                                                                 klasifikasi dan nilai wajar simpanan dari nasabah                                 classification and fair value of deposits from
                                                                       2025                                                                      diungkapkan pada Catatan 35. Simpanan dari pihak                                  customers is disclosed in Note 35. Deposits from
                                                                                                                                                 berelasi diungkapkan pada Catatan 36.                                             related parties are disclosed in Note 36.
                                               Pihak berelasi/    Pihak ketiga/
                                               Related parties    Third parties          Total
                                                                                                                                                 Informasi mengenai simpanan dari nasabah yang                                     Information regarding the currency type of deposits
    Rupiah                                                                                                                           Rupiah      diberikan berdasarkan jenis mata uang diungkapkan                                 from customers is disclosed in Note 38.
     Giro                                               4.170            279.419            283.589                     Demand deposits
     Tabungan                                             850            520.125            520.975                      Saving deposits
                                                                                                                                                 pada Catatan 38.
     Deposito berjangka dan deposito on call            1.438          2.441.464          2.442.902     Time deposits and on call deposits

                                                        6.458          3.241.008          3.247.466

    Valuta asing                                                                                                        Foreign currencies
     Giro                                              27.795            571.203            598.998                     Demand deposits
     Deposito berjangka dan deposito on call           83.375          4.208.169          4.291.544     Time deposits and on call deposits

                                                      111.170          4.779.372          4.890.542

    Total                                             117.628          8.020.380          8.138.008                                  Total




                                                                  85                                                                                                                                                  86
Page 194
                                                                                          The original financial statements included herein are in the                                                                                     The original financial statements included herein are in the
                                                                                                                                Indonesian language.                                                                                                                             Indonesian language.

        PT BANK QNB INDONESIA TBK                                                               PT BANK QNB INDONESIA TBK                                                 PT BANK QNB INDONESIA TBK                                               PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS                                          CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                         As of December 31, 2025 and                                            Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                                       for the Year Then Ended                                           Tahun yang Berakhir pada Tanggal Tersebut                                       for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                                        (Expressed in millions of Rupiah,                                          (Disajikan dalam jutaan Rupiah,                                        (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                               unless otherwise stated)                                                   kecuali dinyatakan lain)                                               unless otherwise stated)


21. Simpanan dari Bank Lain                                                         21. Deposits from Other Banks                                                23. Pajak Penghasilan (lanjutan)                                      23. Income Tax (continued)

                                                           2025                     2024                                                                             b.   Berdasarkan Undang-Undang perpajakan di                             b.    Under the Indonesian taxation laws, the Bank
   Rupiah                                                                                                                                         Rupiah                  Indonesia,        Bank     menghitung        dan                          submits tax returns on a self-assessment basis.
    Pihak berelasi                                                                                                                     Related Parties                    melaporkan/menyetorkan pajak berdasarkan                                  The Directorate General of Tax (DJP) may
      Giro (Catatan 36)                                           3.349                     574                             Demand deposits (Note 36)                     sistem self-assesment. Direktorat Jendral Pajak                           assess or amend taxes within 5 (five) years
    Pihak ketiga                                                                                                                           Third parties                  (DJP) dapat menetapkan atau mengubah                                      since the tax becomes due.
      Giro                                                             2                          4                                 Demand deposits                       liabilitas pajak dalam waktu 5 (lima) tahun sejak
                                                                  3.351                     578                                                                           saat terutangnya pajak.

   Mata Uang Asing                                                                                                                    Foreign Currencies             c.   Rekonsiliasi antara rugi sebelum manfaat pajak                      c.    The reconciliation between loss before income
    Pihak berelasi                                                                                                                        Related Parties                 penghasilan yang disajikan dalam laporan laba                             tax benefit as presented in the statement profit
      Interbank Call Money                                             -                 321.900                                    Interbank Call Money
                                                                                                                                                                          rugi dan penghasilan komprehensif lain dengan                             or loss and other comprehensive income and
    Pihak ketiga                                                                                                                              Third parties
      Giro                                                             -                        13                                     Demand deposits                    rugi kena pajak untuk tahun yang berakhir pada                            taxable     loss   for    the    year   ended
                                                                                                                                                                          tanggal-tanggal 31 Desember 2025 dan 2024                                 December 31, 2025 and 2024, is as follows:
                                                                       -                 321.913                                                                          adalah sebagai berikut:
   Total                                                          3.351                  322.491                                                      Total
                                                                                                                                                                                                                 2025                  2024
                                                                                                                                                                          Laba sebelum beban                                                                                   Profit before income
   Informasi mengenai suku bunga simpanan dari bank                                        Information in respect of interest rate of deposits                              pajak penghasilan                        50.845               86.410                                      tax expense
   lain diungkapkan pada Catatan 3b. Informasi                                             from other banks is disclosed in Note 3b. Information
   mengenai jatuh tempo simpanan dari bank lain                                            in respect of maturities of deposits from other banks                          Beda waktu:                                                                                           Timing differences:
   diungkapkan pada Catatan 3c. Informasi mengenai                                         is disclosed in Note 3c. Information regarding the                             Cadangan kerugian penurunan                                                                Allowance for impairment losses
   klasifikasi dan nilai wajar simpanan dari bank lain                                     classification and fair value of deposits from other                              nilai kredit                          (360.927)              (34.329)                                        on loans
   diungkapkan pada Catatan 35. Simpanan dari pihak                                        banks is disclosed in Note 35. Deposits from related                           Cadangan kerugian penurunan lainnya           205                    (8)             Other allowance for impairment losses
                                                                                                                                                                          Bonus dan tunjangan yang
   berelasi diungkapkan pada Catatan 36.                                                   parties are disclosed in Note 36.
                                                                                                                                                                             masih harus dibayar                      11.498              (9.691)                     Accrued bonus and allowances
                                                                                                                                                                          Akrual promosi                               1.149                   -                                  Promotional accrual
   Informasi mengenai simpanan dari bank lain                                              Information regarding the currency type of deposits                            Imbalan pasca-kerja                       (15.108)              10.813                           Post-employment benefits
   berdasarkan jenis mata uang diungkapkan pada                                            from other banks is disclosed in Note 38.                                      Penyusutan aset hak guna dan                                                         Depreciation of right-of-use assets and
   Catatan 38.                                                                                                                                                               beban bunga liabilitas sewa                2.132                 6.800               interest expense of lease liability
                                                                                                                                                                          Cadangan kerugian penurunan                                                            Allowance for impairment losses on
22. Efek-efek yang Dijual dengan Janji Dibeli                                       22. Securities Sold                     Under       Agreements          to               nilai agunan yang diambil alih         (35.196)                   (123)                               foreclosed assets
    Kembali                                                                             Repurchase                                                                        Penyusutan aset tetap dan                                                                  Depreciation of fixed assets and
                                                                                                                                                                             amortisasi aset takberwujud             (1.696)               (2.827)                 amortization of intangible assets
   Efek-efek yang dijual dengan janji dibeli kembali                                       Securities sold under agreements to repurchase as                                                                       (397.943)              (29.365)
   pada tanggal 31 Desember 2024 sebagai berikut:                                          of December 31, 2024 as follows:
                                                                                 2024                                                                                     Beda tetap                                                                                         Permanent differences
                                                                                                                                   Beban
                                                                                                                                                                          Bentuk natura dan kenikmatan                    75                       25                               Benefits in kind
                                                                                                                                bunga yang                                Kerugian penjualan                                                                                         Loss on sale of
                                                         Rentang          Rentang                                  Nilai           belum                                     aset tetap                              (1.864)                       -                                  fixed assets
                         Efek yang           Nilai       tanggal           tanggal                              pembelian       direalisasi/      Nilai
     Nasabah/            mendasari/        nominal/     penjualan/     jatuh tempo/             Nilai jual/      kembali/       Unrealized      tercatat/                 Rekonsiliasi PPh 21                         1.120                        -                           PPh 21 Reconciliation
    Counterparty         Underlying        Nominal       Range of         Range of                 Sale        Repurchase         interest      Carrying                  Lain-lain                                       -                        1                                          Others
                         securities        amount        sell date        due date               amount          amount          expense          value

   Bank Indonesia   Obligasi pemerintah/                30 Des 2024/       6 Jan 2025/
                                                                                                                                                                                                                         (669)                     26
                    Government bonds          100.000   Dec 30, 2024       Jan 6, 2025                95.873         95.990              117           95.873
                                                                                                                                                                          Laba kena pajak                          (347.767)              57.071                                     Taxable income
                                                                                                                                                                          Akumulasi rugi fiskal tahun                                                                       Prior year’s accumulated
23. Pajak Penghasilan                                                               23. Income Tax                                                                           sebelumnya                          (2.326.280)           (2.546.239)                           tax loss carry forward
                                                                                                                                                                          Penyesuaian pemeriksaan pajak:                                                                       Tax audit adjustment:
                                                                                                                                                                             Tahun 2019                                       -          107.970                                         Year 2019
   a.      Beban pajak penghasilan terdiri dari:                                           a.       The components of income tax expense are as                              Tahun 2020                                       -           54.918                                         Year 2020
                                                                                                    follows:
                                                                                                                                                                          Total rugi fiskal                      (2.674.047)           (2.326.280)                                  Total fiscal loss
                                                           2025                     2024
           Pajak kini                                               -                          -                                                Current tax               Perhitungan Pajak Penghasilan Badan untuk                                 The calculations of Corporate Income Tax for
           Pajak tangguhan                                    (99.168)                   (30.722)                                              Deferred tax               tahun yang berakhir tanggal 31 Desember 2025                              the year ended December 31, 2025 are
           Total                                              (99.168)                   (30.722)                                                     Total
                                                                                                                                                                          adalah estimasi untuk pengisian SPT Tahunan                               estimated numbers for 2025 Annual Tax Return
                                                                                                                                                                          2025 dan perhitungan Pajak Penghasilan                                    and 2024 Corporate Income Tax which conform
                                                                                                                                                                          Badan 2024 adalah sesuai dengan SPT                                       to the Bank’s Annual Tax Return.
                                                                                                                                                                          Tahunan Bank.




                                                                           87                                                                                                                                                     88
Page 195
                                                                            The original financial statements included herein are in the                                                                                   The original financial statements included herein are in the
                                                                                                                  Indonesian language.                                                                                                                           Indonesian language.

         PT BANK QNB INDONESIA TBK                                                PT BANK QNB INDONESIA TBK                                              PT BANK QNB INDONESIA TBK                                              PT BANK QNB INDONESIA TBK
      CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS                                       CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2025 dan untuk                                          As of December 31, 2025 and                                         Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025 and
    Tahun yang Berakhir pada Tanggal Tersebut                                        for the Year Then Ended                                        Tahun yang Berakhir pada Tanggal Tersebut                                      for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                         (Expressed in millions of Rupiah,                                       (Disajikan dalam jutaan Rupiah,                                       (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                unless otherwise stated)                                                kecuali dinyatakan lain)                                              unless otherwise stated)


23. Pajak Penghasilan (lanjutan)                                       23. Income Tax (continued)                                               23. Pajak Penghasilan (lanjutan)                                      23. Income Tax (continued)

    d.   Rekonsiliasi antara hasil perkalian rugi sebelum                     d.   The reconciliation between loss before income                    e.   Rincian aset pajak tangguhan pada tanggal                         e.     The details of the deferred tax assets as of
         beban pajak penghasilan dengan tarif pajak                                tax expense multiplied by the prevailing tax rate                     31 Desember 2025 dan 2024 adalah sebagai                                 December 31, 2025 and 2024, are as follows:
         yang berlaku dan manfaat pajak penghasilan                                and income tax benefit are as follows:                                berikut: (lanjutan)                                                      (continued)
         adalah sebagai berikut:
                                                                                                                                                                                                                       Diakui pada
                                                2025                   2024                                                                                                                                           penghasilan
                                                                                                                                                                                                                     komprehensif
         Laba sebelum beban                                                                                                  Profit before                                                      Diakui pada         lain/Recognized
            pajak penghasilan                       50.845                 86.410                                    income tax benefit                                                          laba rugi/              in other
                                                                                                                                                                                               Recognized in        comprehensive
         Tarif pajak yang berlaku                     22%                    22%                                        Prevailing tax rate                                        2023        profit or loss         loss income          2024
                                                   (11.186)               (19.010)                                                                   Aset (liabilitas) pajak
         Beda permanen dengan tarif pajak 22%          147                     (6)            Permanent differences at 22% tax rate                   tangguhan:                                                                                          Deferred tax assets (liabilities):
         Dampak aset pajak tangguhan                                                                                                                  Liabilitas imbalan                                                                                              Post-employment
           yang diakui                             (88.129)               (11.756)          Impact of recognized deferred tax assets                     pasca-kerja                  14.781            2.379                   (497)          16.663              benefits obligation
                                                                                                                                                      Cadangan kerugian
         Beban pajak                               (99.168)               (30.772)                                Income tax expenses                    penurunan nilai                                                                                       Allowance for impairment
                                                                                                                                                         nilai aset keuangan          86.956            (7.552)                    -           79.404       losses on financial assets
                                                                                                                                                      Bonus dan tunjangan
    e.   Rincian aset pajak tangguhan pada tanggal                            e.   The details of the deferred tax assets as of                          yang masih                                                                                                      Accrued bonus
                                                                                                                                                         harus dibayar                 6.287            (2.132)                    -              4.155               and allowance
         31 Desember 2025 dan 2024 adalah sebagai                                  December 31, 2025 and 2024, are as follows:                        Selisih nilai buku aset                                                                             Differences in net book value
         berikut:                                                                                                                                        tetap, aset hak guna                                                                            of fixed assets, right-of-use
                                                                                                                                                         dan aset tak berwujud                                                                          assets and intangible assets
                                                                        Diakui pada                                                                      antara dasar pengenaan                                                                                     between tax and
                                                                       penghasilan                                                                       pajak dan akuntansi           4.736               873                     -              5.609            accounting bases
                                                                      komprehensif                                                                    Cadangan kerugian
                                                 Diakui pada         lain/Recognized                                                                     penurunan nilai agunan                                                                                Allowance for impairment
                                                  laba rugi/              in other                                                                        yang diambil alih            7.770               (27)                    -              7.743   losses on foreclosed assets
                                                Recognized in        comprehensive                                                                    Rugi belum direalisasi
                                    2024        profit or loss         loss income          2025                                                         dari perubahan nilai                                                                                       Unrealized loss from
                                                                                                                                                         wajar efek-efek yang                                                                                 changes in fair value of
     Aset (liabilitas) pajak                                                                                                                              tersedia untuk dijual           18                    -                39                 57    available-for-sale securities
      tangguhan:                                                                                           Deferred tax assets (liabilities):         Kerugian pajak tahun
      Liabilitas imbalan                                                                                               Post-employment                    berjalan                   159.802           (24.311)                    -         135.491                    Current tax loss
         pasca-kerja                  16.663             (3.324)                   69           13.408              benefits obligation               Cadangan kerugian                                                                                             Other Allowance for
      Cadangan kerugian                                                                                                                                  penurunan lainnya                 4                (2)                    -                  2            impairment losses
         penurunan nilai                                                                                        Allowance for impairment
         nilai aset keuangan          79.404            (79.404)                     -                 -     losses on financial assets              Aset pajak tagguhan - neto      280.354           (30.772)                 (458)        249.124             Deferred tax assets - net
      Bonus dan tunjangan
         yang masih                                                                                                       Accrued bonus
         harus dibayar                 4.155             2.782                       -             6.937               and allowance                f.   Manajemen Bank berkeyakinan bahwa seluruh                         f.     The Bank’s management believes that total
      Selisih nilai buku aset                                                                              Differences in net book value
         tetap, aset hak guna                                                                             of fixed assets, right-of-use
                                                                                                                                                         aset pajak tangguhan diatas kemungkinan                                  deferred tax assets above are probable to be
         dan aset tak berwujud                                                                           assets and intangible assets                    besar dapat direalisasi pada tahun-tahun                                 realized in the future years.
         antara dasar pengenaan                                                                                      between tax and                     mendatang.
         pajak dan akuntansi           5.609                  96                     -             5.705            accounting bases
      Cadangan kerugian
         penurunan nilai agunan                                                                                 Allowance for impairment            g.   Pada tanggal 31 Desember 2025 dan 2024,                           g.     As of December 31, 2025 and 2024, the Bank
          yang diambil alih            7.743             (7.743)                     -                 -   losses on foreclosed assets                   Bank memiliki akumulasi rugi fiskal untuk tahun                          has tax loss carryforward for fiscal years 2025
      Rugi belum direalisasi                                                                                                                             2025 dan 2024 sebesar Rp2.674.047 dan                                    and 2024 amounting to Rp2,674,047 and
         dari perubahan nilai                                                                                        Unrealized loss from
         wajar efek-efek yang                                                                                  changes in fair value of
                                                                                                                                                         Rp2.326.280 yang akan berakhir di tahun                                  Rp2,326,280 which will expire between 2026 -
          tersedia untuk dijual            57                    -             (2.594)          (2.537)    available-for-sale securities                 antara 2026 - 2030.                                                      2030.
      Kerugian pajak tahun
          berjalan                   135.491            (11.621)                     -        123.870                    Current tax loss           h.   Pada tanggal 31 Desember 2025, aset pajak                         h.     As of December 31, 2025, deferred tax asset on
      Cadangan kerugian                                                                                              Other Allowance for
         penurunan lainnya                  2                 46                     -               48             impairment losses                    tangguhan atas rugi fiskal yang belum                                    tax loss carryforward amounting to Rp123.870
                                                                                                                                                         dikompensasi sebesar Rp123.870 diakui                                    have been recognized because future taxable
     Aset pajak tagguhan - neto      249.124            (99.168)               (2.525)        147.431             Deferred tax assets - net              karena laba fiskal pada masa mendatang akan                              profits will be available against which the Bank
                                                                                                                                                         tersedia untuk dikompensasi dimana Bank bisa                             can utilize the benefits there from.
                                                                                                                                                         memanfaatkan keuntungan dari hal ini.




                                                             89                                                                                                                                            90
Page 196
                                                                 The original financial statements included herein are in the                                                                    The original financial statements included herein are in the
                                                                                                       Indonesian language.                                                                                                            Indonesian language.

         PT BANK QNB INDONESIA TBK                                    PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK                                    PT BANK QNB INDONESIA TBK
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS                                   CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2025 dan untuk                              As of December 31, 2025 and                                     Tanggal 31 Desember 2025 dan untuk                              As of December 31, 2025 and
    Tahun yang Berakhir pada Tanggal Tersebut                            for the Year Then Ended                                    Tahun yang Berakhir pada Tanggal Tersebut                            for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                             (Expressed in millions of Rupiah,                                   (Disajikan dalam jutaan Rupiah,                             (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                    unless otherwise stated)                                            kecuali dinyatakan lain)                                    unless otherwise stated)


23. Pajak Penghasilan (lanjutan)                              23. Income Tax (continued)                                        23. Pajak Penghasilan (lanjutan)                              23. Income Tax (continued)

    Audit Pajak Tahun 2019                                        Tax Audit Year 2019                                               Audit Pajak Tahun 2020                                        Tax Audit Year 2020

    Pada tanggal 23 September 2023, Direktorat                    On September 23, 2023, the Directorate General of                 Pada tanggal 7 Agustus 2023, DJP menerbitkan                  On August 7, 2023, the DJP issued a notification
    Jenderal Pajak (“DJP”) menerbitkan surat                      Taxes (“DJP”) has issued a notification letter of tax             Surat Pemberitahuan Pemeriksaan Lapangan untuk                letter of tax audit for year 2020 to the Bank.
    pemberitahuan pemeriksaan lapangan untuk tahun                audit for year 2019 to Bank. DJP based on the Tax                 tahun pajak 2020 kepada Bank. Atas pemeriksaan                Directorate General of Taxes based on SKP and
    pajak 2019 kepada Bank. Atas pemeriksaan                      Assessment Letter (“SKP”) and Tax Collection                      pajak tersebut, DJP berdasarkan SKP dan STP                   STP dated November 22, 2024, assign the tax
    tersebut, DJP berdasarkan Surat Ketetapan Pajak               Letter (“STP”) dated May 20, 2024, assign the                     tanggal   22     November   2024   menetapkan                 underpayment with the following details:
    ("SKP") dan Surat Tagihan Pajak ("STP") tanggal               underpayment of tax with following details:                       kekurangan pembayaran pajak dengan rincian
    20 Mei 2024, menetapkan kekurangan pembayaran                                                                                   sebagai berikut:
    pajak dengan rincian sebagai berikut:
                                                                                                                                    -   SKP PPh sebesar Rp276;                                    -   SKP PPh amounting to Rp276;
    - STP Pajak Pertambahan Nilai (“PPN”) sebesar                 - STP Value Added Tax (“VAT”) amounting to                        -   STP PPN sebesar Rp7.655;                                  -   STP VAT amounting to Rp7,655;
      Rp4.911;                                                      Rp4,911;                                                        -   SKP PPN sebesar Rp109.323;                                -   SKP VAT amounting to Rp109,323;
    - SKP Pajak Pertambahan Nilai (“PPN”) sebesar                 - SKP Value Added Tax (“VAT”) amunting to                         -   SKP Pajak Penghasilan Badan           sebesar             -   SKP Corporate Income Tax amounting to
      Rp70.556;                                                     Rp70,556;                                                           Rp54.918.                                                     Rp54,918.
    - SKP Pajak Penghasilan Badan sebesar                         - SKP Corporate Income Tax amounting to
      Rp107.970.                                                    Rp107,970.                                                      Atas audit pajak tahun 2020, Bank telah melakukan             For tax audit year 2020, the Bank has made full
                                                                                                                                    pembayaran penuh atas SKP PPh dan STP PPN                     payment for SKP PPh and STP VAT amounting to
    Atas audit pajak tahun 2019, Bank telah melakukan             For tax audit year 2019, the Bank has made full                   masing-masing sebesar Rp276 dan Rp7.655 pada                  Rp276 and Rp7,655 on December 12, 2024,
    pembayaran penuh atas STP PPN sebesar Rp4.911                 payment for STP VAT amounting to Rp4,911 on                       tanggal 12 Desember 2024 dan dicatat masing-                  respectively and recorded as part of other operating
    pada tanggal 12 Juni 2024 dan dicatat sebagai                 June 12, 2024 and recorded as part of prepayments                 masing sebagai bagian dari beban operasional                  expenses and prepayments (Note 14), respectively,
    bagian dari beban dibayar dimuka (Catatan 14)                 (Note 14) while the SKP VAT amounting to                          lainnya dan beban dibayar dimuka (Catatan 14)                 while the SKP VAT amounting to Rp109,323 has
    sedangkan SKP PPN sebesar Rp70.556 belum                      Rp70,556 has not been paid by the Bank. The Bank                  sedangkan SKP PPN sebesar Rp109.323 sudah                     been partially paid amounting to Rp103 by the Bank
    dilakukan pembayaran oleh Bank. Bank telah                    has been submitted an Objection Letter regarding                  dibayarkan sebagian sebesar Rp103 dan dicatat                 and recorded as part of other operating expenses
    mengirimkan Surat Keberatan Pajak kepada Kantor               the result of tax audit to the Tax Office on August 7,            sebagai bagian dari beban operasional lainnya dan             and the remaining amounting to Rp109,220 has not
    Pajak atas hasil dari audit pajak tersebut pada               2024.                                                             sisanya sebesar Rp109.220 belum dilakukan                     been paid by the Bank. The Bank has been
    tanggal 7 Agustus 2024.                                                                                                         pembayaran oleh Bank. Bank telah mengirimkan                  submitted an Objection Letter regarding the result of
                                                                                                                                    Surat Keberatan Pajak kepada Kantor Pajak atas                tax audit to the Tax Office on February 20, 2025.
    Pada tanggal 2 Mei 2025 Bank telah menerima                   On May 2, 2025 the Bank received the Objection                    hasil dari audit pajak tersebut pada tanggal 20
    Surat Keputusan Keberatan atas Surat Ketetapan                Decision Letter concerning the Tax Underpayment                   Februari 2025.
    Pajak Kurang Bayar ("SKPKB") yang menyatakan                  Assessment Letter (“SKPKB”), stating that DJP fully
    bahwa DJP mengabulkan keberatan seluruh wajib                 accepted the Tax payer’s Objection, resulting in the              Pada tanggal 3 Desember 2025 Bank telah                       On December 3, 2025 the Bank received the
    pajak sehingga SKP PPN menjadi Nihil.                         VAT assessment becoming Nil.                                      menerima Surat Keputusan Keberatan atas Surat                 Objection Decision letter concerning the VAT Tax
                                                                                                                                    Ketetapan Pajak Kurang Bayar ("SKPKB") PPN atas               Underpayment Assessment Letter (“SKPKB”)
    Atas Surat Keputusan Keberatan ini pada tanggal 30           Following the Objection Decision Letter on                         Penjualan Kredit Bermasalah yang menyatakan                   related to the sale of non performing loans, stating
    September 2025, Bank telah menerima Surat                    September 30, 2025, the Bank received the Tax                      bahwa DJP mengabulkan keberatan seluruh wajib                 that the DJP fully accepted the bank Tax Objection’s
    Keputusan Pengembalian Kelebihan Pembayaran                  Overpayment Refund Decision letter, under which                    pajak sehingga SKP PPN menjadi Nihil, dan saat ini            resulting in the VAT assessment becoming Nil. The
    Pajak dimana Bank telah menerima Pengembalian                the Bank received a refund of the VAT Tax                          Bank    masih    menunggu     Surat   Keputusan               Bank is currently awaiting the Tax Overpayment
    STP PPN sebesar Rp4.911 pada 7 Oktober 2025.                 Collection Letter Refund of the VAT Tax Collection                 Pengembalian Kelebihan Pembayaran Pajak dan                   refund decision letter and the refund of the VAT Tax
                                                                 Letter amounting to Rp4,911 on October 7, 2025.                    Pengembalian STP PPN sebesar Rp6.962.                         Objection Letter (STP PPN) amounting to Rp6,962.

    Atas SKP Pajak Penghasilan Badan sebesar                      For the SKP Corporate Income Tax amounting to                     Pada tanggal 3 dan 11 November 2025 Bank telah                On November 3 and 11, 2025, the Bank received
    Rp107.970   telah   dikompensasikan   dengan                  Rp107,970 has been compensated to tax loss                        menerima Surat Keputusan Keberatan atas                       the Objection Decision Letters regarding the
    akumulasi rugi fiskal sehingga tidak ada                      carried forward, therefore there is no tax payment                pengenaan PPN atas penjualan AYDA dimana DJP                  imposition of VAT on the sale of Foreclosed Assets
    pembayaran    pajak   yang  dilakukan   untuk                 paid by the Bank to the Tax Office related to the                 masih mempertahankan jumlah pajak yang masih                  (AYDA) under which the DJP maintained the
    pembayaran atas koreksi SKP Pajak Penghasilan                 amendment of SKP Corporate Income Tax.                            harus dibayar dalam Surat Ketetapan Pajak Kurang              outstanding VAT payable as stated in the VAT Tax
    Badan.                                                                                                                          Bayar PPN (“SKPKB”) PPN dengan total sebesar                  Underpayment Assessment Letter (“SKPKB”)
                                                                                                                                    Rp9.856. Dengan diterimanya Surat Keputusan                   totaling Rp9,856. Following receipt of the Objection
                                                                                                                                    Keberatan tersebut, maka Bank telah mengajukan                Decision Letters the Bank filed an tax appeal on
                                                                                                                                    permohonan banding pada tanggal 30 Januari 2026.              January 30, 2026.

                                                                                                                                    Atas SKP Pajak Penghasilan Badan sebesar                      For the SKP Corporate Income Tax amounting to
                                                                                                                                    Rp54.918   telah    dikompensasikan    dengan                 Rp54,918 has been compensated to tax loss carried
                                                                                                                                    akumulasi rugi fiskal sehingga tidak ada                      forward, therefore there is no tax payment paid by
                                                                                                                                    pembayaran    pajak   yang   dilakukan   untuk                the Bank to the Tax Office related to the amendment
                                                                                                                                    pembayaran atas koreksi SKP Pajak Penghasilan                 of SKP Corporate Income Tax.
                                                                                                                                    Badan.



                                                         91                                                                                                                              92
Page 197
                                                                  The original financial statements included herein are in the                                                                                      The original financial statements included herein are in the
                                                                                                        Indonesian language.                                                                                                                              Indonesian language.

         PT BANK QNB INDONESIA TBK                                     PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK                                                       PT BANK QNB INDONESIA TBK
      CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS                                   CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2025 dan untuk                               As of December 31, 2025 and                                     Tanggal 31 Desember 2025 dan untuk                                                 As of December 31, 2025 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended                                    Tahun yang Berakhir pada Tanggal Tersebut                                               for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                              (Expressed in millions of Rupiah,                                   (Disajikan dalam jutaan Rupiah,                                                (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                     unless otherwise stated)                                            kecuali dinyatakan lain)                                                       unless otherwise stated)


23. Pajak Penghasilan (lanjutan)                               23. Income Tax (continued)                                        24. Liabilitas Imbalan Kerja (lanjutan)                                        24. Employment Benefits (continued)

    Audit Pajak Tahun 2021                                         Tax Audit Year 2021                                               Imbalan Pasca Kerja (lanjutan)                                                  Post Employee Benefits (continued)

    Pada tanggal 20 Februari 2025, DJP menerbitkan                 On February 20, 2025 the DJP issued a notification                Tabel berikut menyajikan liabilitas imbalan kerja                               The following table summarizes the obligation for
    Surat Pemberitahuan Pemeriksaan Lapangan untuk                 letter of tax audit for year 2021 to the Bank. . As of            Bank yang tercatat di laporan posisi keuangan pada                              employment benefits of the Bank as recorded in the
    tahun pajak 2021 kepada Bank. Hingga tanggal                   the issue date of the financial statements, the Bank              tanggal 31 Desember 2025 dan 2024, dan                                          statement of financial position as of December 31,
    penyelesaian laporan keuangan, Bank belum                      has not received the decision on the Tax Audit from               perubahan liabilitas imbalan kerja dan beban yang                               2025 and 2024, and the movement in the obligation
    menerima surat keputusan hasil pemeriksaan dari                the Tax Office.                                                   diakui dalam laporan laba rugi dan penghasilan                                  and expense recognized in the statement of profit or
    Kantor Pajak.                                                                                                                    komprehensif lain untuk tahun yang berakhir tanggal                             loss and other comprehensive income for the years
                                                                                                                                     31 Desember 2025 dan 2024:                                                      ended December 31, 2025 and 2024:
    Peraturan Menteri Keuangan (PMK) No. 74                        Minister of Finance Regulation (PMK) No. 74
                                                                                                                                                                                                       2025
    Menteri Keuangan Republik Indonesia menerbitkan                The Minister of Finance of the Republic of Indonesia
    Peraturan Menteri Keuangan (PMK) No. 74 pada                   iussed Minister of Finance Regulation (PMK) No. 74                                                     Imbalan       Manfaat cuti          Manfaat masa
    tanggal 10 Oktober 2024. Berdasarkan peraturan                 on October 10, 2024. Based on this regulation, the                                                   pasca kerja/     panjang/             kerja panjang/
                                                                                                                                                                      Post employment   Long leave            Long service
    tersebut, Bank harus menghitung cadangan piutang               Bank must calculate reserves for bad debts in                                                          benefits        benefit                 benefit          Total
    tak tertagih sesuai dengan batasan tertentu yang               accordance with certain limits regulated in PMK 74
    diatur di dalam PMK 74 mulai tanggal 1 Januari                 strating January 1, 2024. On January 1, 2024, there
                                                                                                                                                                                                                                                   Present value of obligation for
    2024. Pada tanggal 1 Januari 2024, terdapat selisih            is a short value of reserves per fiscal amounting to               Nilai kini liabilitas imbalan                                                                                     employment benefits,
    kurang nilai cadangan per fiskal sebesar                       Rp354,922. In accordance with the provisions in                       awal tahun                           67.304            8.154                    281            75.739           beginning of the year
    Rp354.922. Sesuai dengan ketentuan di dalam PMK                PMK 74, the Bank decided to charge the excess in
    74, Bank memutuskan untuk membebankan selisih                  the 2025 income tax calculation.                                   Diakui melalui laba atau rugi                                                                                     Recognized in profit or loss
                                                                                                                                         Beban jasa kini                      26.828             (266)                    (62)          26.500              Current service cost
    lebih tersebut di dalam pajak penghasilan tahun                                                                                      Beban atas kewajiban                  4.555              516                      18            5.089             Interest on obligation
    2025.                                                                                                                                Pengukuran kembali atas
                                                                                                                                           imbalan jangka panjang                                                                                      Remeasurement of other
                                                                                                                                           lainnya                                 -             (918)                      9              (909)           long-term benefit
24. Liabilitas Imbalan Kerja                                   24. Employment Benefits
                                                                                                                                                                              31.383             (668)                    (35)          30.680
    Imbalan Pasca Kerja                                            Post Employee Benefits
                                                                                                                                      Diakui melalui pendapatan                                                                                               Recognized in other
    Bank wajib memberikan imbalan pasca-kerja                      The Bank is required to provide post-employment                       komprehensif lainnya                                                                                             comprehensive income
    kepada karyawannya pada saat pemutusan                         benefits to its employees when their employment is                 Kerugian aktuarial
    hubungan kerja atau pada saat karyawan                         terminated or when they retire. These benefits are                       yang muncul dari                                                                                             Actuarial loss arising from
    menyelesaikan masa kerjanya. Imbalan pasca-kerja               primarily based on years of service and the                              penyesuaian pengalaman              312                    -                       -           312            experience adjusment
                                                                                                                                      Pembayaran imbalan kerja                                                                                                Payment of benefits
    ini diberikan terutama berdasarkan masa kerja dan              employees’ compensation at termination or                             selama tahun berjalan               (44.489)           (1.267)                   (33)         (45.789)                 during the year
    kompensasi karyawan pada saat pemutusan                        retirement. Provision of post-employment benefits
    hubungan kerja atau selesainya masa kerja.                     for Bank employees who join on and after                                                                                                                                           Present value of obligation
                                                                                                                                      Nilai kini liabilitas imbalan                                                                                  for employement benefits,
    Pemberian imbalan pasca-kerja kepada karyawan                  January 1, 2022 refers to the Job Creation Law                        kerja akhir tahun                    54.510            6.219                    213            60.942                  end of the year
    Bank yang bergabung saat dan setelah                           No. 6/2023 and the accompaniying Government
    1 Januari 2022 mengacu pada Undang-Undang                      Regulation No.35/2021, while the provision of post-
    Cipta Kerja No. 6/2023 dan Peraturan Pemerintah                employment benefits for Bank employees who join
    No. 35/2021, sedangkan pemberian imbalan pasca                 before January 1, 2022 refers to Labor Law
    kerja kepada karyawan Bank yang bergabung                      No. 13/2013.
    sebelum 1 Januari 2022 mengacu pada Undang-
    Undang Ketenagakerjaan No. 13/2013.
    Imbalan jangka panjang lainnya terdiri dari cuti               Other long-term benefits consist of long service
    panjang dan tunjangan masa kerja jangka panjang.               leave and long service allowance. The long service
    Program cuti panjang dikelola sendiri oleh Bank dan            leave program is managed by the Bank itself and is
    merupakan program imbalan kerja bagi karyawan                  an employee benefit program for employees to
    untuk penggantian hak cuti panjang.                            reimburse long service leave rights.




                                                          93                                                                                                                                       94
Page 198
                                                                                   The original financial statements included herein are in the                                                                                         The original financial statements included herein are in the
                                                                                                                         Indonesian language.                                                                                                                                 Indonesian language.

         PT BANK QNB INDONESIA TBK                                                       PT BANK QNB INDONESIA TBK                                            PT BANK QNB INDONESIA TBK                                                       PT BANK QNB INDONESIA TBK
      CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS                                     CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2025 dan untuk                                                 As of December 31, 2025 and                                       Tanggal 31 Desember 2025 dan untuk                                                 As of December 31, 2025 and
    Tahun yang Berakhir pada Tanggal Tersebut                                               for the Year Then Ended                                      Tahun yang Berakhir pada Tanggal Tersebut                                               for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                                (Expressed in millions of Rupiah,                                     (Disajikan dalam jutaan Rupiah,                                                (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                       unless otherwise stated)                                              kecuali dinyatakan lain)                                                       unless otherwise stated)


24. Liabilitas Imbalan Kerja (lanjutan)                                        24. Employment Benefits (continued)                                   24. Liabilitas Imbalan Kerja (lanjutan)                                       24. Employment Benefits (continued)

    Imbalan jangka panjang lainnya (lanjutan)                                       Other long-term benefits (continued)                                 Mutasi atas nilai kini liabilitas imbalan kerja untuk                           The movements in the present value of obligation for
                                                                                                                                                         tahun     yang       berakhir       pada      tanggal                           employment benefit for the years ended
    Tabel berikut menyajikan liabilitas imbalan kerja                               The following table summarizes the obligation for
                                                                                                                                                         31 Desember 2025 dan 2024: (lanjutan)                                           December 31, 2025 and 2024, are as follows:
    Bank yang tercatat di laporan posisi keuangan pada                              employment benefits of the Bank as recorded in the
                                                                                                                                                                                                                                         (continued)
    tanggal 31 Desember 2025 dan 2024, dan                                          statement of financial position as of December 31,
    perubahan liabilitas imbalan kerja dan beban yang                               2025 and 2024, and the movement in the obligation                                                                                           2024
    diakui dalam laporan laba rugi dan penghasilan                                  and expense recognized in the statement of profit or
    komprehensif lain untuk tahun yang berakhir tanggal                             loss and other comprehensive income for the years                                                         Imbalan        Manfaat cuti        Manfaat masa
                                                                                                                                                                                            pasca kerja/      panjang/           kerja panjang/
    31 Desember 2025 dan 2024: (lanjutan)                                           ended December 31, 2025 and 2024: (continued)                                                         Post employment    Long leave          Long service
                                                                                                                                                                                              benefits         benefit               benefit           Total
                                                                      2024

                                                                                                                                                                                                                                                                       Present value of obligation for
                                         Imbalan       Manfaat cuti          Manfaat masa                                                                 Nilai kini liabilitas imbalan                                                                                     employment benefits,
                                       pasca kerja/     panjang/             kerja panjang/                                                                  awal tahun                           59.415               7.772                    -           67.187          beginning of the year
                                     Post employment   Long leave            Long service                                                                 Beban jasa kini                         11.416               1.381                  281           13.078              Current service cost
                                         benefits        benefit                 benefit          Total                                                   Beban jasa lalu                              -                 109                    -              109                 Past service cost
                                                                                                                                                          Beban atas kewajiban                     3.722                 462                    -            4.184             Interest on obligation
                                                                                                                                                          Pengukuran kembali atas                                                                                        Remeasurement of defined
                                                                                                                 Present value of obligation for
     Nilai kini liabilitas imbalan                                                                                    employment benefits,                   program manfaat pasti                (2.262)                   -                     -         (2.262)                   benefit plan
        awal tahun                           59.415            7.772                          -        67.187          beginning of the year              Pembayaran kembali atas                                                                                               Payment of benefits
                                                                                                                                                                 program manfaat pasti            (4.987)            (1.570)                      -         (6.557)              during the year
     Diakui melalui laba atau rugi                                                                                    Recognized in profit or loss                                                                                                                      Present value of obligation
        Beban jasa kini                      11.416            1.381                    281            13.078             Current service cost            Nilai kini liabilitas imbalan                                                                                for employement benefits,
        Beban atas kewajiban                  3.722              462                      -             4.184            Interest on obligation              kerja akhir tahun                    67.304               8.154                  281           75.739                end of the year
        Pengukuran kembali atas
          imbalan jangka panjang                                                                                     Remeasurement of other
          lainnya                                 -              109                          -           109            long-term benefit
                                                                                                                                                         Perhitungan liabilitas imbalan kerja dan imbalan                                The calculation of obligation for employment
                                             15.138            1.952                    281            17.371                                            jangka panjang lainnya pada tanggal 31 Desember                                 benefits and other long term benefits as of
                                                                                                                                                         2025 dan 2024 masing-masing dilakukan oleh                                      December 31, 2025 and 2024 was performed by
     Diakui melalui pendapatan                                                                                              Recognized in other          Santhi Devi & Ardianto Handoyo (dahulu Willis                                   Santhi Devi & Ardianto Handoyo and (formerly Willis
        komprehensif lainnya                                                                                            comprehensive income             Tower Watson) sebagai aktuaris independen                                       Towers Watson) as the independent actuary based
           Keuntungan aktuarial
           yang muncul dari                                                                                          Actuarial gain arising from
                                                                                                                                                         berdasarkan laporannya masing-masing pada                                       on its reports dated January 27, 2026 and
           penyesuaian pengalaman            (2.262)                  -                       -        (2.262)           experience adjusment            tanggal 27 Januari 2026 dan 11 Februari 2025.                                   February 11, 2025, respectively. The obligation for
     Pembayaran imbalan kerja                                                                                                Payment of benefits         Liabilitas imbalan pasti tersebut dihitung dengan                               employment benefits are calculated using the
        selama tahun berjalan                (4.987)           (1.570)                        -        (6.557)                during the year            menggunakan metode “Projected Unit Credit” dan                                  “Projected Unit Credit” method with the following
                                                                                                                    Present value of obligation          asumsi-asumsi signifikan sebagai berikut:                                       assumptions:
     Nilai kini liabilitas imbalan                                                                                 for employement benefits,
        kerja akhir tahun                    67.304            8.154                    281            75.739                 end of the year                                                                2025                 2024

                                                                                                                                                         Tingkat diskonto per tahun                  Permanent : 5,75%           7,00%                                   Discount rate per annum
    Mutasi atas nilai kini liabilitas imbalan kerja untuk                           The movements in the present value of obligation for                                                               Contract : 4,75%
    tahun     yang       berakhir       pada      tanggal                           employment benefit for the years ended                               Kenaikan gaji per tahun                                  6,00%          6,00%                                Salary increase per annum
    31 Desember 2025 dan 2024:                                                      December 31, 2025 and 2024, are as follows:                          Usia pensiun                                   55 tahun/years   55 tahun/years                                             Pension age
                                                                                                                                                                                                     Tabel TMI IV 2019/ Tabel TMI IV 2019/
                                                                          2025                                                                           Tingkat kematian                            TMI 2019 IV Table   TMI 2019 Table                                               Mortality rate
                                         Imbalan       Manfaat cuti          Manfaat masa
                                       pasca kerja/     panjang/             kerja panjang/
                                     Post employment   Long leave            Long service                                                                Jumlah penyesuaian yang timbul pada liabilitas                                  The amounts of experience adjustments arising
                                         benefits        benefit                 benefit          Total                                                  program untuk tahun yang berakhir pada tanggal                                  on the plan liabilities for the years ended
                                                                                                                                                         31 Desember 2025 dan posisi tiga tahun                                          31 December 2025 and previous three years are as
                                                                                                                   Present value of obligation for       sebelumnya adalah sebagai berikut (tidak diaudit):                              follows (unaudited):
     Nilai kini liabilitas imbalan                                                                                      employment benefits,
        awal tahun                           67.304            8.154                    281            75.739           beginning of the year
     Beban jasa kini                         26.828             (262)                   (62)           26.500               Current service cost                                              2025              2024                   2023             2022
     Beban jasa lalu                              -             (918)                     9              (909)                 Past service cost
     Beban atas kewajiban                     4.555              516                     18             5.089              Interest on obligation                                                                                                                                   Present value of
     Pengukuran kembali atas                                                                                         Remeasurement of defined            Nilai kini liabilitas                   (54.510)           (67.304)             (59.415)          (61.628)     defined benefits obligation
        program manfaat pasti                  312                    -                       -           312                     benefit plan
     Pembayaran imbalan kerja                                                                                              Payments of benefits                                                                                                                               Experience adjustment
            selama tahun berjalan           (44.489)           (1.267)                   (33)         (45.789)                 during the year           Penyesuaian liabilitas                      (312)             2.262                  508           10.288                     on liability

                                                                                                                    Present value of obligation
     Nilai kini liabilitas imbalan                                                                                 for employement benefits,
        kerja akhir tahun                    54.510            6.219                    213            60.942                 end of the year




                                                                  95                                                                                                                                                     96
Page 199
                                                                               The original financial statements included herein are in the                                                                                  The original financial statements included herein are in the
                                                                                                                     Indonesian language.                                                                                                                          Indonesian language.

         PT BANK QNB INDONESIA TBK                                                     PT BANK QNB INDONESIA TBK                                              PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK
      CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS                                       CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2025 dan untuk                                               As of December 31, 2025 and                                         Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025 and
    Tahun yang Berakhir pada Tanggal Tersebut                                             for the Year Then Ended                                        Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
         (Disajikan dalam jutaan Rupiah,                                              (Expressed in millions of Rupiah,                                       (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                     unless otherwise stated)                                                kecuali dinyatakan lain)                                           unless otherwise stated)


24. Liabilitas Imbalan Kerja (lanjutan)                                    24. Employment Benefits (continued)                                        26. Modal Saham dan Dana Setoran Modal                          26. Share Capital and Advanced Capital

    Sensitivitas dari liabilitas manfaat pasti terhadap                           The sensitivity of defined benefit obligation to                       Komposisi pemegang saham Bank pada tanggal                          The composition of the Bank’s shareholders as of
    perubahan asumsi aktuaria adalah sebagai berikut                              changes in the weighted assumptions are as follows                     31 Desember 2025 dan 2024 adalah sebagai                            December 31, 2025 and 2024, is as follows:
    (tidak diaudit):                                                              (unaudited):                                                           berikut:

                                                                           Dampak tehadap liabilitas manfaat pasti/                                                                                        2025 dan 2024/
                                                                             Impact on defined benefit obligation                                                                                          2025 and 2024

                                                                                                    2025                         2024                                                                       Persentase
                                                                                                                                                                                                           kepemilikan/
                                                                                                 Nilai kini                  Nilai kini                                                   Total saham/      Percentage
                                                                                                 liabilitas                  liabilitas                                                    Number of       of ownership
                                                                                               manfaat pasti/             manfaat pasti/                                                     shares             (%)                Total
                                                        Perubahan asumsi/                     Present value of           Present value of                Qatar National Bank (Q.P.S.C.)   32.195.726.062             91,57            8.048.931            Qatar National Bank (Q.P.S.C.)
                                                       Change in assumption                  benefit obligation          benefit obligation              Masyarakat (masing-masing
                                                                                                                                                            di bawah 5%)                   2.962.322.303              8,43             740.581                    Public (each below 5%)
    Tingkat diskonto/                                   Kenaikan/Increase 1%                                (3.642)                     (3.761)
    Discount rate                                      Penurunan/Decrease 1%                                 2.867                       3.734           Total                            35.158.048.365            100,00            8.789.512                                    Total

    Tingkat kenaikan gaji/                              Kenaikan/Increase 1%                                 3.468                       3.724
    Salary increase rate                               Penurunan/Decrease 1%                                (3.102)                     (4.079)          Berdasarkan Rapat Umum Pemegang Saham Luar                          Based on the Second Extraordinary Shareholder’s
                                                                                                                                                         Biasa Kedua pada tanggal 26 Juni 2009,                              General Meeting on June 26, 2009, effected by deed
                                                                                                                                                         sebagaimana dinyatakan dalam Akta No. 85 tanggal                    No. 85 dated June 26, 2009 of Fathiah Helmi, SH,
    Jatuh tempo dari liabilitas manfaat pasti yang tidak                          Expected maturity analysis of undiscounted defined                     26 Juni 2009 yang dibuat dihadapan Fathiah Helmi,                   notary public in Jakarta, the Bank released the First
    terdiskonto pada tanggal 31 Desember 2025 dan                                 benefits obligation as of December 31, 2025 and                        SH, notaris di Jakarta, Bank melakukan Penawaran                    Limited Public Offering (PUT I) by issuing the Rights
    2024 (tidak diaudit):                                                         2024 (unaudited):                                                      Umum Terbatas I (PUT I) dengan menerbitkan Hak                      Issue (HMETD) amounting to 125,304,750 shares
                                                                                                                                                         Memesan Efek Terlebih Dahulu (HMETD) sejumlah                       with par value of Rp250 (full amount) per share at
                                                       2025                2024                                                                          125.304.750 saham dengan nilai nominal sebesar                      an offering price of Rp320 (full amount) per share.
    1 tahun                                                 6.956              5.919                                                    1 year           Rp250 (nilai penuh) per saham yang ditawarkan                       This share issuance through PUT I resulted in
    >1-5 tahun                                             38.321             58.495                                                >1-5 years           dengan harga Rp320 (dalam Rupiah penuh) per                         additional paid-in capital of Rp8,771.
    >5-10 tahun                                           192.075             87.365                                               >5-10 years           saham. Penerbitan saham melalui PUT I tersebut
                                                                                                                                                         menghasilkan agio saham sebesar Rp8.771.
25. Beban yang Masih Harus Dibayar dan Liabilitas                          25. Accruals and Other Liabilities
                                                                                                                                                         Setelah PUT I, modal ditempatkan dan disetor Bank                   After the PUT I, the Bank’s issued and fully paid
    Lain-lain
                                                                                                                                                         meningkat menjadi 626.523.750 lembar saham atau                     capital increased to 626,523,750 shares or
                                                       2025                2024                                                                          senilai Rp156.631.                                                  Rp156,631.
    LiabiIitas sewa                                        73.428             96.797                                           Lease liabilities         Berdasarkan Rapat Umum Pemegang Saham Luar                          Based on the Extraordinary Shareholder’s General
    Beban operasional yang masih
                                                                                                                                                         Biasa pada tanggal 27 Desember 2010                                 Meeting on December 27, 2010, as effected by deed
       harus dibayar                                       39.321             75.219                           Accrued operational expense
    Liabilitas bunga                                       29.144             24.578                                     Interests payable               sebagaimana dinyatakan dalam akta No. 63 tanggal                    No. 63 dated December 27, 2010 of Fathiah Helmi,
    Kesejahteraan karyawan                                 18.401             17.900                                     Employee welfare                27 Desember 2010 yang dibuat di hadapan Fathiah                     SH, notary public in Jakarta, the Bank released the
    Biaya bancassurance yang                                                                                                                             Helmi, SH, notaris di Jakarta, Bank melakukan                       Second Limited Public Offering (PUT II) by issuing
       belum diamortisasi                                  14.545             18.182                        Unamortized bancassurance fee                Penawaran Umum Terbatas II (PUT II) dengan                          the Rights Issue (HMETD) amounting to
    Uang muka atas penjualan                                                                                     Down payment funds from                 menerbitkan Hak Memesan Efek Terlebih Dahulu                        2,935,263,768 shares with par value and at the
       agunan yang diambil alih                               4.835               3.800                       sales of foreclosed assets                 (HMETD) sejumlah 2.935.263.768 saham dengan                         offering price of Rp250 (in full Rupiah) per share.
    Setoran jaminan                                             205                 258                                    Security deposits             nilai nominal dan harga penawaran sebesar Rp250
    Liabilitas lainnya*                                       2.441               2.649                                      Other liabilities*
                                                                                                                                                         (dalam Rupiah penuh) per saham.
    Total                                                 182.320            239.383                                                       Total
                                                                                                                                                         Setelah PUT II, modal ditempatkan dan disetor Bank                  After the PUT II, the Bank’s issued and fully paid
                                                                                                                                                         meningkat menjadi 3.561.787.518 saham atau                          capital increased to 3,561,787,518 shares or
    *)   Liabilitas lainnya terdiri dari suspense account dan uang                *)   Other liabilities consist of suspense account and electronic
         elektronik.                                                                   money.                                                            senilai Rp890.447.                                                  Rp890,447.

                                                                                                                                                         Berdasarkan Akta Akuisisi No. 26 tanggal                            Based on the Acquisition Deed No. 26 dated
                                                                                                                                                         26 Januari 2011 yang dibuat di hadapan Fathiah                      January 26, 2011, of Fathiah Helmi, SH, notary
                                                                                                                                                         Helmi, SH, notaris di Jakarta, Bank dan Qatar                       public in Jakarta, the Bank and Qatar National Bank
                                                                                                                                                         National Bank (Q.P.S.C.) telah menandatangani                       (Q.P.S.C.) have signed the Deed of Acquisition
                                                                                                                                                         Akta Akuisisi dimana Qatar National Bank                            where Qatar National Bank (Q.P.S.C.) as a standby
                                                                                                                                                         (Q.P.S.C.) sebagai pembeli siaga dalam rights issue                 buyer in the rights issue has acquired 2,478,728,032
                                                                                                                                                         telah memperoleh 2.478.728.032 saham biasa atas                     ordinary shares of New Shares with a nominal value
                                                                                                                                                         Saham Baru dengan nominal Rp250 (nilai penuh)                       of Rp250 (full amount) per share or Rp619,682.
                                                                                                                                                         per saham atau senilai Rp619.682.



                                                                      97                                                                                                                                       98
Page 200
                                                              The original financial statements included herein are in the                                                                   The original financial statements included herein are in the
                                                                                                    Indonesian language.                                                                                                           Indonesian language.

        PT BANK QNB INDONESIA TBK                                  PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                    PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                             NOTES TO THE FINANCIAL STATEMENTS                                  CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                            As of December 31, 2025 and                                    Tanggal 31 Desember 2025 dan untuk                              As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                          for the Year Then Ended                                   Tahun yang Berakhir pada Tanggal Tersebut                            for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                           (Expressed in millions of Rupiah,                                  (Disajikan dalam jutaan Rupiah,                             (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                  unless otherwise stated)                                           kecuali dinyatakan lain)                                    unless otherwise stated)


26. Modal Saham dan Dana Setoran Modal (lanjutan)          26. Share Capital and Advanced Capital (continued)                26. Modal Saham dan Dana Setoran Modal (lanjutan)            26. Share Capital and Advanced Capital (continued)

   Pada tanggal 27 Mei 2013, Bank memperoleh                   On May 27, 2013, the Bank obtained the Effective                 Pada tanggal 20 Juni 2017, Bank memperoleh                    On June 20, 2017, the Bank Obtained the Effective
   Pernyataan Efektif dari Otoritas Jasa Keuangan              Notification from the Otoritas Jasa Keuangan                     Pernyataan Efektif dari OJK berdasarkan Surat                 Notification from OJK through its Decree
   (“OJK”)     berdasarkan     Surat     Keputusan             (“OJK”) through its Decree No. S-141/D.04/2013 in                Keputusan No. S-330/D.04/2017 dalam rangka                    No. S-330/D.04/2017 in relation to the the fifth
   No. S-141/D.04/2013 dalam rangka Penawaran                  relation to the Third Limited Public Offering (PUT III)          Penawaran Umum Terbatas V (PUT V) dengan                      Limited Public Offering (PUT V) by conducting the
   Umum Terbatas III (PUT III) dengan menerbitkan              by conducting the Rights Issue (HMETD) amounting                 menerbitkan Hak Memesan Efek Terlebih Dahulu                  Rights Issue (HMETD) amounting to 8,235,719,252
   Hak Memesan Efek Terlebih Dahulu (HMETD)                    to 2,596,543,000 shares with par value and at the                (HMETD) sejumlah 8.235.719.252 saham dengan                   shares with par value and at the offering price of
   sejumlah 2.596.543.000 saham dengan nilai                   offering price of Rp250 (full amount) per share.                 nilai nominal dan harga penawaran sebesar Rp250               Rp250 (full amount) per share.
   nominal dan harga penawaran sebesar Rp250 (nilai                                                                             (nilai penuh) per saham.
   penuh) per saham.
                                                                                                                                Setelah PUT V, modal ditempatkan dan disetor                  After the PUT V, the Bank’s issued and fully paid
   Setelah PUT III, modal ditempatkan dan disetor              After the PUT III, the Bank’s issued and fully paid              Bank meningkat menjadi 16.992.865.249 lembar                  capital increased to 16,992,865,249 shares or
   Bank meningkat menjadi 6.158.330.518 lembar                 capital increased to 6,158,330,518 shares or                     saham atau senilai Rp4.248.216.                               Rp4,248,216.
   saham atau senilai Rp1.539.583.                             Rp1,539,583.
                                                                                                                                Pada tanggal 4 Desember 2017, Bank memperoleh                 On December 4, 2017, Bank obtained capital
   Pada tanggal 2 Juni 2014, Bank memperoleh                   On June 2, 2014, the Bank obtained the Effective                 tambahan modal lainnya berupa dana setoran                    injection in the form of advanced capital. The capital
   Pernyataan Efektif dari OJK berdasarkan Surat               Notification from the OJK through its Decree                     modal yang dilakukan dengan cara penyetoran dana              injection is done through fund transfer by Qatar
   Keputusan No. S-253/D.04/2014 dalam rangka                  No.S-253/D.04/2014 in relation to the Fourth Limited             oleh Qatar National Bank (Q.P.S.C.) sebesar                   National Bank (Q.P.S.C.) amounted to USD61
   Penawaran Umum Terbatas IV (PUT IV) dengan                  Public Offering (PUT IV) by conducting the Rights                USD61 juta atau setara dengan Rp824.110.                      million or equivalent to Rp824,110.
   menerbitkan Hak Memesan Efek Terlebih Dahulu                Issue (HMETD) amounting to 2,598,815,479 shares
   (HMETD) sejumlah 2.598.815.479 saham dengan                 with par value and at the offering price of Rp250 (full          Pada tanggal 22 Mei 2018, Bank memperoleh                     On May 22, 2018, the Bank obtained the Effective
   nilai nominal dan harga penawaran sebesar Rp250             amount) per share.                                               Pernyataan Efektif dari OJK berdasarkan Surat                 Notification from OJK through its Decree
   (nilai penuh) per saham.                                                                                                     Keputusan No. S-53/D.04/2018 dalam rangka                     No. S-53/D.04/2018 in relation to the the fifth Limited
                                                                                                                                Penawaran Umum Terbatas VI (PUT VI) dengan                    Public Offering VI (PUT VI) by conducting the Rights
   Setelah PUT IV, modal ditempatkan dan disetor               After the PUT IV, the Bank’s issued and fully paid               menerbitkan Hak Memesan Efek Terlebih Dahulu                  Issue (HMETD) amounting to 3,786,010,377 ares
   Bank meningkat menjadi 8.757.145.997 lembar                 capital increased to 8,757,145,997 shares or                     (HMETD) sejumlah 3.786.010.377 dengan nilai                   with par value and at the offering price of Rp250 (full
   saham atau senilai Rp2.189.287.                             equivalent to Rp2,189,287.                                       nominal dan harga penawaran sebesar Rp250 (nilai              amount) per share.
                                                                                                                                penuh) per saham.
   Peningkatan modal dasar tersebut telah disetujui            The increase in the authorized share capital has
   oleh Menteri Hukum dan Hak Asasi Manusia                    been approved by the Minister of Laws and Human                  Setelah PUT VI, modal ditempatkan dan disetor                 After the PUT VI, the Bank’s issued and fully paid
   Republik Indonesia dengan Surat Keputusan                   Rights of the Republic of Indonesia under his                    Bank meningkat menjadi 20.436.685.984 lembar                  capital increased to 20,436,685,984 shares or
   No. AHU-0004611.AH.01.02 Tahun 2015 tanggal                 Decree No. AHU-0004611.AH.01.02 Year 2015                        saham atau senilai Rp5.109.171.                               Rp5,109,171.
   24 Maret 2015 serta telah diumumkan dalam Berita            dated March 24, 2015 and was published into the
   Negara Republik Indonesia No. 35 tanggal                    State Gazette of the Republic of Indonesia No. 35                Pada tanggal 6 November 2018, Bank memperoleh                 On November 6, 2018, Bank obtained capital
   30 April 2015, Tambahan No. 25140.                          dated April 30, 2015, Addition No. 25140.                        tambahan modal lainnya berupa dana setoran                    injection in the form of advanced capital. The Capital
                                                                                                                                modal yang dilakukan dengan cara penyetoran dana              injection is done through fund transfer by Qatar
   Pada tanggal 14 Desember 2016, Bank                         On December 14, 2016, Bank obtained capital                      oleh Qatar National Bank (Q.P.S.C.) sebesar                   National Bank (Q.P.S.C.) amounted to USD45
   memperoleh tambahan modal lainnya berupa dana               injection in the form of advanced capital. The Capital           USD45 juta atau setara dengan Rp656.101.                      million or equivalent to Rp656,101.
   setoran modal yang dilakukan dengan cara                    injection is done through fund transfer by Qatar
   penyetoran dana oleh Qatar National Bank                    National Bank (Q.P.S.C.) amounted to USD56                       Pada tanggal 15 Oktober 2020, Bank memperoleh                 On October 15, 2020, Bank obtained capital
   (Q.P.S.C.) sebesar USD56 juta atau setara dengan            million or equivalent to Rp751,800.                              tambahan modal lainnya berupa dana setoran                    injection in the form of advanced capital. The Capital
   Rp751.800.                                                                                                                   modal yang dilakukan dengan cara penyetoran dana              injection is done through fund transfer by Qatar
                                                                                                                                oleh Qatar National Bank (Q.P.S.C.) sebesar                   National Bank (Q.P.S.C.) amounted to USD30
   Pada tanggal 16 Juni 2017, Bank memperoleh                  On June 16, 2017, Bank obtained capital injection in             USD30 juta atau setara dengan Rp442.230.                      million or equivalent to Rp442,230.
   tambahan modal lainnya berupa dana setoran                  the form of advanced capital. The capital injection is
   modal yang dilakukan dengan cara penyetoran dana            done through fund transfer by Qatar National Bank                Pada 22 Desember 2021, Bank memperoleh                        On December 22, 2021, Bank obtained capital
   oleh Qatar National Bank (Q.P.S.C.) sebesar                 (Q.P.S.C.) amounted to USD36 million or equivalent               tambahan modal berupa dana setoran modal yang                 injection in the form of advanced capital. The Capital
   USD36 juta atau setara dengan Rp478.000.                    to Rp478,000.                                                    dilakukan dengan cara penyetoran dana oleh Qatar              injection is done through fund transfer by Qatar
                                                                                                                                National Bank (Q.P.S.C.) sebesar Rp1.500.000.                 National      Bank      (Q.P.S.C.)   amounted       to
   Berdasarkan Akta Pernyataan Keputusan Rapat                 Based on the Deed of Minutes of Annual                                                                                         Rp1,500,000.
   Umum Pemegang Saham Tahunan Bank No. 37                     Shareholders’ General Meeting of Bank No. 37
   tanggal 27 Februari 2015 yang dibuat di hadapan             dated February 27, 2015 of Fathiah Helmi, SH,                    Berdasarkan Akta Pernyataan Keputusan Rapat                   Based on the Deed of Minutes of Annual
   Fathiah Helmi, SH, notaris di Jakarta, para                 notary public in Jakarta, the shareholders agreed to             Umum Pemegang Saham Tahunan No. 33 tanggal                    Shareholders’ General Meeting of Bank No. 33
   pemegang saham menyetujui peningkatan modal                 increase the Bank’s authorized share capital from                21 Juli 2022 yang dibuat dihadapan Fathiah Helmi,             dated July 21, 2022 of Fathiah Helmi, SH, notary
   dasar Bank dari Rp2.500.000 atau sebanyak                   Rp2,500,000 or 10,000,000,000 shares to                          SH, notaris di Jakarta, para pemegang saham                   public in Jakarta, the shareholders agreed to
   10.000.000.000 saham, menjadi Rp8.000.000 atau              Rp8,000,000 or 32,000,000,000 shares.                            menyetujui peningkatan modal dasar Bank dari                  increase the Bank’s authorized share capital from
   sebanyak 32.000.000.000 saham.                                                                                               Rp8.000.000 atau sebanyak 32.000.000.000                      Rp8,000,000 or 32,000,000,000 shares to
                                                                                                                                saham, menjadi Rp10.000.000 atau sebanyak                     Rp10,000,000 or 40,000,000,000 shares.
                                                                                                                                40.000.000.000 saham.


                                                      99                                                                                                                            100
Page 201
                                                               The original financial statements included herein are in the                                                                     The original financial statements included herein are in the
                                                                                                     Indonesian language.                                                                                                             Indonesian language.

        PT BANK QNB INDONESIA TBK                                      PT BANK QNB INDONESIA TBK                                      PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS                               CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                As of December 31, 2025 and                                 Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                              for the Year Then Ended                                Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,                               (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                      unless otherwise stated)                                        kecuali dinyatakan lain)                                         unless otherwise stated)


26. Modal Saham dan Dana Setoran Modal (lanjutan)           26. Share Capital and Advanced Capital (continued)                28. Cadangan Umum dan Wajib                                    28. General and Legal Reserve

   Peningkatan modal dasar tersebut telah disetujui                The increase in the authorized share capital has              Cadangan umum dan wajib dibentuk sesuai dengan                     The general and legal reserve was provided in
   oleh Menteri Hukum dan Hak Asasi Manusia                        been approved by the Minister of Laws and Human               Undang-Undang Republik Indonesia No. 1/1995                        relation with the Law of the Republic of Indonesia
   Republik Indonesia dengan surat keputusan                       Rights of the Republic of Indonesia under his                 sebagaimana telah diubah dengan Undang-Undang                      No. 1/1995 which has been replaced with the Law
   No. AHU-0055864.AH.01.02 Tahun 2022, tanggal                    Decree No. AHU-0055864.AH.01.02 Year 2022                     No. 40/2007 tentang Perseroan Terbatas (UUPT)                      No. 40/2007 regarding the Limited Liability
   8 Agustus 2022.                                                 dated August 8, 2022.                                         yang berlaku efektif sejak tanggal 16 Agustus 2007                 Companies (UUPT) effective on August 16, 2007
                                                                                                                                 yang mewajibkan perusahaan-perusahaan untuk                        which requires companies to set up a general
   Pada 16 November 2022, Bank memperoleh                          On November 16, 2022, Bank obtained capital                   membentuk cadangan dengan jumlah paling sedikit                    reserve amounting to at least 20% of the issued and
   tambahan modal berupa dana setoran modal yang                   injection in the form of advanced capital. The Capital        20% dari jumlah modal yang ditempatkan dan                         paid up share capital. There is no timeline over
   dilakukan dengan cara penyetoran dana oleh Qatar                injection is done through fund transfer by Qatar              disetor. Tidak ada batas waktu pembentukan                         which this amount should be provided.
   National Bank (Q.P.S.C.) sebesar USD64.8 juta                   National Bank (Q.P.S.C.) amounted to USD64,8                  cadangan ini.
   atau setara dengan Rp1.000.000.                                 million or equivalent to Rp1,000,000.
                                                                                                                                 Berdasarkan Akta Berita Acara Rapat Umum                           Based on the Annual General Meeting as stated in
   Pada tanggal 28 April 2023, Bank memperoleh                     On April 28, 2023, the Bank obtained the effective            Pemegang Saham Tahunan No. 25 tanggal                              Deed No. 25 dated May 30, 2024 of Notary Fathiah
   Pernyataan Efektif dari OJK berdasarkan Surat                   notification from OJK through its Decree No. S-               30 Mei 2024 dibuat dihadapan Fathiah Helmi, SH,                    Helmi, SH in Jakarta, approved profit for the year
   Keputusan No. S-109/D.04/2023 dalam rangka                      109/D.04/2023 in relation to the Limited Public               notaris di Jakarta, disetujui penetapan laba bersih                2023 and approved the utilaztion of profit amounting
   Penawaran Umum Terbatas VII (PUT VII) dengan                    Offering VII (PUT VII) by conducting the Rights               tahun 2023 dan disetujui penggunaan laba bersih                    Rp1,000 set aside as a general reserve to comply
   menerbitkan Hak Memesan Efek Terlebih Dahulu                    Issue (HMETD) of 14,721,362,381 shares with par               sebesar Rp1.000 disisihkan sebagai cadangan                        with article 70 paragraph 1 of the UUPT.
   (HMETD) sejumlah 14.721.362.381 saham dengan                    value and the offering price of Rp250 (in full Rupiah)        untuk memenuhi pasal 70 ayat 1 UUPT.
   nilai nominal dan harga penawaran sebesar Rp250                 per share.
   (dalam Rupiah penuh) per saham.                                                                                            29. Pendapatan Bunga - Neto                                    29. Interest Income - Net
                                                                                                                                                                           2025              2024
   Setelah PUT VII, modal ditempatkan dan disetor                  After Right Issue VII, the issued and paid-in capital
   Bank meningkat menjadi 35.158.048.365 lembar                    of the Bank increased to 35,158,048,365 shares or             Pendapatan bunga                                                                                       Interest income
   saham atau senilai Rp8.789.512.                                 equal to Rp8,789,512.                                            Kredit yang diberikan                    495.252           488.866                                         Loans
                                                                                                                                    Efek-efek                                123.301           141.574                                      Securities
                                                                                                                                    Penempatan pada Bank Indonesia                                                    Placements with Bank Indonesia
27. Tambahan Modal Disetor                                  27. Additional Paid-In Capital                                            dan bank lain                           60.053            54.206                             and other banks
                                                                                                                                    Efek-efek yang dibeli                                                                       Securities purchased
   Tambahan    modal    disetor   pada     tanggal                 The   additional   paid-in  capital    as     of                   dengan janji dijual kembali                 161           49.793                   under agreements to resell
   31 Desember 2025 dan 2024 berasal dari:                         December 31, 2025 and 2024 were derived from:                    Lainnya                                        20              124                                        Others

                                          2025              2024                                                                                                             678.787           734.563

   Agio saham                                  8.771            8.771                            Additional paid-in capital      Beban bunga                                                                                            Interest expense
   Beban emisi saham                         (42.359)         (42.359)                            Shares issuance costs            Simpanan dari nasabah                                                                     Deposits from customers
                                                                                                                                     Deposito berjangka dan                                                                      Time deposits and
   Total - neto                              (33.588)         (33.588)                                         Total - net               deposito on call                   (271.810)         (244.934)                           on call deposits
                                                                                                                                     Giro                                    (17.913)           (9.787)                             Demand deposits
                                                                                                                                     Tabungan                                (18.599)           (7.175)                                Saving deposits
   Beban emisi saham karena penerbitan saham                       Share issuance costs is due to shares issuance                  Efek-efek yang dijual dengan                                                                  Securities sold under
   melalui Penawaran Umum Perdana, PUT I, PUT II,                  through Initial Public Offering, PUT I, PUT II, PUT III,          janji dibeli kembali                      (1.150)          (9.710)                    repurchased agreements
   PUT III, PUT IV, PUT V, PUT VI dan PUT VII                      PUT IV, PUT V, PUT VI and PUT VII amounting to                  Simpanan dari bank lain                    (14.128)          (3.002)                     Deposits from other banks
                                                                                                                                   Setoran jaminan                             (2.671)          (2.235)                                Margin deposits
   masing-masing sebesar Rp1.635, Rp1.032,                         Rp1,635, Rp1,032, Rp25,562, Rp2,525, Rp2,587,
                                                                                                                                   Lainnya                                     (5.552)          (6.801)                                         Others
   Rp25.562, Rp2.525, Rp2.587, Rp3.036, Rp2.544                    Rp3,036, Rp2,544 and Rp3,438, respectively.
   dan Rp3.438.                                                                                                                                                             (331.823)         (283.644)
                                                                                                                                 Pendapatan bunga - neto                     346.964           450.919                             Interest income - net




                                                      101                                                                                                                              102
Page 202
                                                                   The original financial statements included herein are in the                                                                                    The original financial statements included herein are in the
                                                                                                         Indonesian language.                                                                                                                            Indonesian language.

        PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK                                      PT BANK QNB INDONESIA TBK                                                     PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS                               CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025 and                                 Tanggal 31 Desember 2025 dan untuk                                               As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended                                Tahun yang Berakhir pada Tanggal Tersebut                                             for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                   (Expressed in millions of Rupiah,                               (Disajikan dalam jutaan Rupiah,                                              (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                          unless otherwise stated)                                        kecuali dinyatakan lain)                                                     unless otherwise stated)


30. Pendapatan Provisi dan Komisi - Neto                        30. Fees and Commission Income - Net                              33. Beban Umum dan Administrasi                                           33. General and Administrative Expenses

                                                2025            2024                                                                                                                   2025                 2024
    Pendapatan provisi dan komisi                                                           Fees and commission income               Pemeliharaan dan perbaikan                           56.935               80.284                                Repair and maintenance
       Jasa                                        24.493          23.668                                      Services              Penyusutan aset tetap dan
       Jasa administrasi                           13.909          12.674                            Administration fees                  aset hak guna (Catatan 15)                      41.901               57.659                Depreciation of fixed assets (Note 15)
       Lain-lain                                    5.645             136                                         Others             Premi penjaminan simpanan (Catatan 39)               13.856                9.691              Deposits guarantee premium (Note 39)
                                                                                                                                     Amortisasi aset takberwujud (Catatan 16)             12.078               11.641            Amortization of intangible assets (Note 16)
                                                   44.047          36.478                                                            Telepon, telex dan data komunikasi                   10.496                9.696            Telephone, telex and data communication
    Beban provisi dan komisi                                                              Fees and commission expenses               Sewa                                                  4.901                4.234                                                Rental
      Visa                                         (2.385)         (3.239)                                          Visa             Asuransi                                              2.823                3.498                                             Insurance
      Transaksi antar bank                         (1.530)         (1.558)                        Interbank transactions             Air, gas dan listrik                                  1.310                1.831                              Water, gas and electricity
      Lain-lain                                      (232)           (119)                                       Others              Pajak dan retribusi                                   1.088                  844                                    Tax and retribution
    Pendapatan provisi dan komisi - neto           39.900          31.562              Fees and commission income - net              Transportasi                                            891                1.695                                         Transportation
                                                                                                                                     Lain-lain                                             1.837               19.759                                                Others
                                                                                                                                     Total                                               148.116              200.832                                                      Total
31. Pemulihan/(Penyisihan)         Kerugian   Penurunan         31. Reversal/(Provision) for Impairment Losses on
    Nilai Aset Keuangan                                             Financial Assets
                                                                                                                                  34. Laba Per Saham - Dasar                                                34. Earnings Per Share - Basic
   Rincian    pemulihan/(penyisihan)    kerugian                       Details of the reversal/(provision) for impairment
   penurunan nilai aset keuangan adalah sebagai                        losses on financial assets are as follows:                    Laba per saham - dasar dihitung dengan membagi                                Earning per share - basic is computed by dividing
   berikut:                                                                                                                          laba tahun berjalan dengan rata-rata tertimbang                               income for the year by the weighted average
                                                                                                                                     jumlah saham yang beredar pada tahun yang                                     number of outstanding shares during the year.
                                                2025            2024                                                                 bersangkutan.
    Pemulihan/(Penyisihan) kerugian penurunan                                  Reversal/(Provision) for impairment losses
      nilai aset keuangan                                                                            on financial assets                                                               2025                 2024
      Kredit yang diberikan (Catatan 12)           79.451          19.013                                Loans (Note 12)             (Rugi)/Laba tahun berjalan                            (48.323)                55.638                               (Loss)/Profit for the year
      Tagihan akseptasi (Catatan 10)                 (211)              -               Acceptance receivables (Note 10)              Rata-rata tertimbang jumlah saham yang                                                            Weighted average number of outstanding
      Giro pada bank lain (Catatan 7)                   6               8      Current accounts with other banks (Note 7)                beredar untuk perhitungan laba per saham   35.158.048.365       35.158.048.365                       shares for basic profit per share
    Total pemulihan/(penyisihan) kerugian                                         Total reversal/(provision) for impairment          (Rugi)/Laba per saham – dasar                                                                               (Loss)/Profit per share - basic
       penurunan nilai aset keuangan               79.246          19.021                     losses on financial assets                (nilai penuh)                                         (1,37)                 1,58                                       (full amount)



                                                                                                                                  35. Aset Keuangan dan Liabilitas Keuangan                                 35. Financial Assets and Financial Liabilities
32. Beban Karyawan                                              32. Personnel Expenses
                                                                                                                                     a.    Klasifikasi aset keuangan dan liabilitas                                a.   Classification of          financial      assets      and
                                                2025            2024                                                                       keuangan                                                                     financial liabilities
   Gaji pokok                                     137.041         132.984                                    Basic salaries
   THR/bonus                                       59.008          48.431                                       THR/bonus                  Di bawah ini disajikan perbandingan antara nilai                             Below is the comparison of the carrying
   Tunjangan cuti, kehadiran dan                                                                    Leave, attendance and                  tercatat, seperti dilaporkan dalam laporan posisi                            amounts, as reported in the statement of
      transportasi                                 19.264          18.188                       transportation allowance                   keuangan, dan nilai wajar semua aset                                         financial position, and the fair value of all
   Imbalan kerja (Catatan 24)                      30.680          17.371                    Employment benefits (Note 24)                 keuangan dan liabilitas keuangan.                                            financial assets and liabilities.
   Pengobatan                                      13.289          11.323                                           Medical
   Outsourcing                                     11.049          12.928                                      Outsourcing
   Pendidikan dan pelatihan                         6.855           6.975                           Education and training
   Asuransi                                         7.058           6.933                                         Insurance                Pada tabel di bawah ini, instrumen keuangan                                  In the below table, financial instruments have
   Tunjangan jabatan                                3.588           5.144                            Functional allowance                  telah dikelompokkan berdasarkan klasifikasi                                  been allocated based on their classification.
   Pesangon                                         1.177           4.763                                       Severance                  masing-masing. Kebijakan akuntansi yang                                      The material accounting policies in Note 2f
   Lain-lain                                        2.112             329                                            Others                material di Catatan 2f menjelaskan bagaimana                                 describe how the categories of the financial
                                                                                                                                           kategori aset keuangan dan liabilitas keuangan                               assets and financial liabilities are measured
    Total                                         291.121         265.369                                              Total
                                                                                                                                           tersebut diukur dan bagaimana pendapatan                                     and how income and expenses, including fair
                                                                                                                                           dan beban, termasuk laba dan rugi atas nilai                                 value gains and losses (changes in fair value of
                                                                                                                                           wajar (perubahan nilai wajar instrumen                                       financial instruments), are recognized.
                                                                                                                                           keuangan), diakui.




                                                          103                                                                                                                                      104
Page 203
                                                                                           The original financial statements included herein are in the                                                                                                          The original financial statements included herein are in the
                                                                                                                                 Indonesian language.                                                                                                                                                  Indonesian language.

        PT BANK QNB INDONESIA TBK                                                               PT BANK QNB INDONESIA TBK                                                    PT BANK QNB INDONESIA TBK                                                                PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS                                             CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                         As of December 31, 2025 and                                               Tanggal 31 Desember 2025 dan untuk                                                          As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                                       for the Year Then Ended                                              Tahun yang Berakhir pada Tanggal Tersebut                                                        for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                                        (Expressed in millions of Rupiah,                                             (Disajikan dalam jutaan Rupiah,                                                         (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                               unless otherwise stated)                                                      kecuali dinyatakan lain)                                                                unless otherwise stated)


35. Aset Keuangan              dan      Liabilitas      Keuangan                     35. Financial Assets                and        Financial       Liabilities      35. Aset Keuangan                dan     Liabilitas      Keuangan                     35. Financial Assets                and        Financial         Liabilities
    (lanjutan)                                                                           (continued)                                                                     (lanjutan)                                                                            (continued)

   a.   Klasifikasi aset keuangan dan liabilitas                                            a.   Classification of financial assets                          and        a.   Klasifikasi aset keuangan dan liabilitas                                             a.   Classification of financial assets                            and
        keuangan (lanjutan)                                                                      financial liabilities (continued)                                           keuangan (lanjutan)                                                                       financial liabilities (continued)

        Aset keuangan telah dikelompokkan ke dalam                                               Financial assets classes have been allocated                                Tabel di bawah menyajikan nilai tercatat dan                                              The table below sets out the carrying amount
        aset keuangan yang diukur pada nilai wajar                                               into assets at fair value through profit or loss,                           nilai wajar aset dan liabilitas keuangan Bank                                             and fair values of the Bank’s financial assets
        melalui laba atau rugi, diukur pada nilai wajar                                          fair value through other comprehensive income                               pada tanggal 31 Desember 2025 dan 2024.                                                   and liabilities as of December 31, 2025 and
        melalui pendapatan komprehensif lainnya dan                                              loans and amortized cost. Similarly, financial                              (lanjutan)                                                                                2024. (continued)
        biaya perolehan diamortisasi. Sama halnya                                                liability has been allocated into financial
                                                                                                                                                                                                                                                    2025
        dengan aset keuangan, liabilitas keuangan                                                liabilities at fair value through profit or loss and
        telah dikelompokkan ke dalam liabilitas                                                  other amortized cost.                                                                                                                             Nilai wajar
                                                                                                                                                                                                                                                    melalui
        keuangan yang diukur pada nilai wajar melalui                                                                                                                                                                                             penghasilan
        laba atau rugi dan yang dicatat pada biaya                                                                                                                                                                           Nilai wajar         komprehensif
                                                                                                                                                                                                                            melalui laba              lain/               Jumlah
        perolehan diamortisasi lainnya.                                                                                                                                                                Biaya perolehan          rugi/              Fair value          nilai tercatat/
                                                                                                                                                                                                        diamortisasi/        Fair value          through other              Total
                                                                                                                                                                                                          Amortized        through profit       comprehensive             carrying         Nilai wajar/
        Nilai wajar yang diungkapkan di bawah ini                                                The fair values are based on relevant                                                                       cost              or loss              income                amount           Fair Value
        adalah berdasarkan informasi relevan yang                                                information available as at the date of
                                                                                                                                                                             Liabilitas keuangan                                                                                                                     Financial liabilities
        tersedia pada tanggal laporan posisi keuangan                                            statement of financial position and have not                                Liabilitas segera                   13.349                     -                 -                 13.349            13.349 Liabilities payable on demand
        dan tidak diperbaharui untuk mencerminkan                                                been updated to reflect changes in market                                   Simpanan dari nasabah            8.138.008                                                      8.138.008         8.138.008      Deposits from customers
                                                                                                                                                                             Simpanan dari bank lain              3.351                                                          3.351             3.351    Deposits from other banks
        perubahan dalam kondisi pasar yang terjadi                                               condition after the date of statement of financial                          Liabilitas derivatif                     -              9.013                    -                  9.013             9.013             Derivative payables
        setelah tanggal laporan posisi keuangan.                                                 position.                                                                   Liabilitas akseptasi                87.889                  -                    -                 87.889            87.889           Acceptance payables
                                                                                                                                                                             Beban masih harus dibayar                                                                                                                Accruals and other
                                                                                                                                                                                 dan liabilitas lain-lain      167.775                      -                 -               167.775            167.775                      liabilities
        Tabel di bawah menyajikan nilai tercatat dan                                             The table below sets out the carrying amount
                                                                                                                                                                                                              8.410.372              9.013                    -              8.419.385         8.419.385
        nilai wajar aset dan liabilitas keuangan Bank                                            and fair values of the Bank’s financial assets
        pada tanggal 31 Desember 2025 dan 2024.                                                  and liabilities as of December 31, 2025 and
                                                                                                 2024.                                                                                                                                              2024

                                                                                                                                                                                                                                                   Nilai wajar
                                                                              2025                                                                                                                                                                  melalui
                                                                                                                                                                                                                                                  penghasilan
                                                                             Nilai wajar                                                                                                                                     Nilai wajar         komprehensif
                                                                              melalui                                                                                                                                       melalui laba              lain/               Jumlah
                                                                            penghasilan                                                                                                                Biaya perolehan          rugi/              Fair value          nilai tercatat/
                                                       Nilai wajar         komprehensif                                                                                                                 diamortisasi/        Fair value          through other              Total
                                                      melalui laba              lain/               Jumlah                                                                                                Amortized        through profit       comprehensive             carrying         Nilai wajar/
                                 Biaya perolehan          rugi/              Fair value          nilai tercatat/                                                                                             cost              or loss              income                amount           Fair Value
                                  diamortisasi/        Fair value          through other              Total
                                    Amortized        through profit       comprehensive             carrying         Nilai wajar/                                            Aset keuangan                                                                                                                             Financial assets
                                       cost              or loss              income                amount           Fair Value                                              Kas                                 36.917                     -                 -                 36.917            36.917                            Cash
                                                                                                                                                                             Giro pada Bank                                                                                                                        Current accounts with
        Aset keuangan                                                                                                                           Financial assets                 Indonesia                     410.213                      -                 -               410.213            410.213              Bank Indonesia
        Kas                                28.522                     -                 -                 28.522            28.522                           Cash                                                                                                                                                  Current accounts with
        Giro pada Bank                                                                                                                     Current accounts with             Giro pada bank lain - neto          38.811                     -                 -                 38.811            38.811             other banks - net
            Indonesia                    364.492                      -                 -               364.492            364.492             Bank Indonesia                Penempatan pada Bank                                                                                                                       Placements with
                                                                                                                                           Current accounts with                 Indonesia dan                                                                                                                    Bank Indonesia and
        Giro pada bank lain - neto         17.503                     -                 -                 17.503            17.503            other banks - net                  bank lain                    1.336.301                  -                    -              1.336.301         1.336.301                   other banks
        Penempatan pada Bank                                                                                                                     Placements with             Tagihan derivatif                        -              3.269                    -                  3.269             3.269           Derivative receivables
            Indonesia dan                                                                                                                 Bank Indonesia and                 Kredit yang diberikan - neto     7.965.727                  -                    -              7.965.727         7.965.727                      Loans - net
            bank lain                   1.241.384                 -                     -              1.241.384         1.241.384                 other banks               Efek-efek                          160.686                  -            1.999.339              2.160.025         2.159.999                        Securities
        Tagihan derivatif                       -               590                     -                    590               590         Derivative receivables            Aset lain-lain *)                  100.817                  -                    -                100.817           100.817                  Other assets *)
        Tagihan akseptasi                  87.678                 -                     -                 87.678            87.678       Acceptance receivables
        Efek-efek yang dibeli dengan                                                                                                  Securities purchased under                                             10.049.472              3.269            1.999.339             12.052.080        12.052.054
            janji dijual Kembali           10.872                     -                 -                 10.872            10.872       agreements to resell
        Kredit yang diberikan - neto    9.403.227                     -                 -              9.403.227         9.403.227                    Loans - net
        Efek-efek                         346.624                     -         1.134.526              1.481.150         1.467.059                      Securities           Liabilitas keuangan                                                                                                                     Financial liabilities
        Aset lain-lain *)                 135.741                     -                 -                135.741           135.741                 Other assets *)           Liabilitas segera                   21.022                  -                    -                 21.022            21.022 Liabilities payable on demand
                                                                                                                                                                             Simpanan dari nasabah            7.341.878                  -                    -              7.341.878         7.341.878      Deposits from customers
                                       11.636.043               590             1.134.526             12.771.159        12.757.068                                           Simpanan dari bank lain            322.491                  -                    -                322.491           322.491 Deposits from other banks
                                                                                                                                                                             Liabilitas derivatif                     -              7.775                    -                  7.775             7.775             Derivative payables
                                                                                                                                                                             Efek-efek yang dijual                                                                                                                        Securities sold
        *)    Aset lain-lain terdiri dari tagihan atas transaksi agunan                          *)      Other assets consist of receivables from foreclosed                     dengan janji dibeli                                                                                                                under agreements
              yang diambil alih, piutang bunga, setoran jaminan, dan                                     assets transactions, interest receivables, security                     kembali                         95.873                     -                 -                 95.873            95.873                 to repurchase
              piutang lain-lain                                                                          deposits, and other receivable.                                     Beban masih harus dibayar                                                                                                                Accruals and other
                                                                                                                                                                                 dan liabilitas lain-lain      221.201                      -                 -               221.201            221.201                      liabilities

                                                                                                                                                                                                              8.002.465              7.775                    -              8.010.240         8.010.240


                                                                                                                                                                             *)    Aset lain-lain terdiri dari tagihan atas transaksi agunan                           *)      Other assets consist of receivables from foreclosed
                                                                                                                                                                                   yang diambil alih, piutang bunga, setoran jaminan, dan                                      assets transactions, interest receivables, security
                                                                                                                                                                                   piutang lain-lain                                                                           deposits, and other receivable.




                                                                          105                                                                                                                                                                   106
Page 204
                                                                   The original financial statements included herein are in the                                                                        The original financial statements included herein are in the
                                                                                                         Indonesian language.                                                                                                                Indonesian language.

        PT BANK QNB INDONESIA TBK                                       PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS                                  CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                 As of December 31, 2025 and                                    Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended                                   Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                (Expressed in millions of Rupiah,                                  (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                       unless otherwise stated)                                           kecuali dinyatakan lain)                                         unless otherwise stated)


35. Aset Keuangan       dan    Liabilitas   Keuangan            35. Financial Assets         and    Financial      Liabilities    35. Aset Keuangan        dan    Liabilitas   Keuangan             35. Financial Assets         and     Financial     Liabilities
    (lanjutan)                                                      (continued)                                                       (lanjutan)                                                        (continued)

   b.   Nilai wajar instrumen keuangan                             b.   Fair values of financial instruments                         b.   Nilai wajar instrumen keuangan (lanjutan)                    b.   Fair values         of     financial    instruments
                                                                                                                                                                                                            (continued)
        Nilai wajar aset keuangan dan liabilitas                        The fair values of financial assets and financial
        keuangan yang diperdagangkan di pasar aktif                     liabilities that are traded in active markets are                 Model Penilaian (lanjutan)                                        Valuation Models (continued)
        didasarkan pada kuotasian harga pasar atau                      based on quoted market prices or dealer price
        harga dealer. Untuk semua instrumen                             quotations. For all other financial instruments,                  Teknik penilaian mencakup model nilai kini                        Valuation techniques include net present value
        keuangan lainnya, Bank menentukan nilai wajar                   the Bank determines fair values using other                       bersih dan arus kas yang didiskontokan,                           and discounted cash flow models, comparison
        dengan menggunakan teknik penilaian lainnya.                    valuation techniques.                                             perbandingan dengan instrumen sejenis yang                        with similar instruments for which market
                                                                                                                                          harga pasarnya tersedia, serta dapat                              observable prices exist and other valuation
        Untuk instrumen keuangan yang jarang                            For financial instruments that trade infrequently                 diobservasi, serta model penilaian lainnya.                       models. Assumptions and inputs used in
        diperdagangkan      dan     sedikit   memiliki                  and have little price transparency, fair values is                Asumsi dan input yang digunakan dalam teknik                      valuation techniques include risk-free and
        transparansi harga, nilai wajar menjadi kurang                  less objective, and requires varying degrees of                   penilaian meliputi suku bunga bebas risiko (risk-                 benchmark interest rates and credit spreads
        objektif, dan membutuhkan berbagai tingkat                      judgement        depending       on       liquidity,              free) dan suku bunga acuan serta credit                           used in estimating discount rates, bond prices
        pertimbangan tergantung pada likuiditas,                        concentration, uncertainty of market factors,                     spreads yang digunakan untuk mengestimasi                         and foreign currency exchange rates.
        konsentrasi, ketidakpastian faktor pasar,                       pricing assumptions and other risks affecting                     tingkat diskonto, harga obligasi dan nilai tukar
        asumsi harga dan risiko lainnya yang                            the specific instrument.                                          mata uang asing.
        mempengaruhi instrumen tertentu.
                                                                                                                                          Tujuan dari teknik penilaian adalah untuk                         The objective of valuation techniques is to
        Model Penilaian                                                 Valuation Models                                                  pengukuran nilai wajar yang mencerminkan                          arrive at a fair value measurement that reflects
                                                                                                                                          harga yang akan diterima untuk menjual aset                       the price that would be received to sell the asset
        Bank   mengukur      nilai  wajar    dengan                     The Bank measures fair values using the                           atau harga yang akan dibayar untuk                                or paid to transfer the liability in an orderly
        menggunakan hirarki dari metode berikut:                        following hierarchy of methods:                                   mengalihkan suatu liabilitas dalam transaksi                      transaction between market participants at the
                                                                                                                                          teratur (orderly transactions) antara pelaku                      measurement date.
        •   Tingkat 1: input yang berasal dari harga                    •     Level 1: inputs that are quoted prices                      pasar (market participants) pada tanggal
            kuotasian (tanpa penyesuaian) di pasar                            (unadjusted) in active markets for identical                pengukuran.
            aktif untuk instrumen yang identik yang                           instruments that the Bank can access at
            dapat diakses Bank pada tanggal                                   the measurement date.                                       Bank menggunakan model penilaian yang                             The Bank uses widely recognised valuation
            pengukuran.                                                                                                                   diakui secara luas untuk menentukan nilai wajar                   models for determining the fair values of
        •   Tingkat 2: input selain harga kuotasian                     •     Level 2: inputs other than quoted prices                    atas instrumen keuangan yang umum dan yang                        common        and    more      simple    financial
            yang termasuk dalam level 1 yang dapat                            included within level 1 that are observable                 lebih sederhana, seperti swap nilai tukar yang                    instruments, such as currency swaps that use
            diobservasi, baik secara langsung atau                            either directly or indirectly. This category                hanya menggunakan data pasar yang dapat                           only observable market data and require little
            tidak langsung. Dalam kategori ini                                includes instruments valued using: quoted                   diobservasi     dan    membutuhkan       sedikit                  management judgement and estimation.
            termasuk instrumen yang dinilai dengan                            market prices in active markets for similar                 pertimbangan dan estimasi manajemen. Harga                        Observable prices or model inputs are usually
            menggunakan: harga kuotasian untuk                                instruments; quoted prices for identical or                 yang dapat diobservasi atau input model                           available in the market for listed debt securities
            instrumen yang serupa di pasar aktif; harga                       similar instruments in markets that are not                 biasanya tersedia di pasar untuk efek-efek                        and simple over-the-counter (OTC) derivatives
            kuotasian untuk instrumen yang identik                            active; or other valuation techniques in                    utang yang tercatat di bursa dan derivatif over-                  such as currency swaps. Availability of
            atau yang serupa di pasar yang tidak aktif;                       which all significant inputs are directly or                the-counter (OTC) seperti swap nilai tukar.                       observable market prices and model inputs
            atau teknik penilaian lainnya dimana                              indirectly observable from market data.                     Ketersediaan harga pasar yang dapat                               reduces the needs for management judgement
            seluruh input signifikan dapat diobservasi                                                                                    diobservasi dan input model mengurangi                            and estimation and also reduces the
            secara langsung maupun tidak langsung                                                                                         kebutuhan      pertimbangan    dan     estimasi                   uncertainty associated with determining fair
            dari data pasar.                                                                                                              manajemen        dan      juga    mengurangi                      values. The availability of observable market
        •   Tingkat 3: input yang tidak dapat                           •     Level 3: inputs that are unobservable. This                 ketidakpastian terkait penentuan nilai wajar.                     prices and inputs varies depending on the
            diobservasi. Dalam kategori ini termasuk                          category includes all instruments for which                 Ketersediaan harga pasar yang dapat                               products and markets and is prone to changes
            semua instrumen dimana teknik penilaian                           the valuation technique includes inputs not                 diobservasi dan input bervariasi bergantung                       based on specific events and general
            menggunakan input yang tidak dapat                                based on observable data and the                            pada produk dan pasar dan cenderung berubah                       conditions in the financial markets.
            diobservasi dan input yang tidak dapat                            unobservable inputs have a significant                      berdasarkan kejadian tertentu dan kondisi
            diobservasi ini memberikan dampak                                 effect on the instrument’s valuation. This                  umum di pasar keuangan.
            signifikan terhadap penilaian instrumen.                          category includes instruments that are
            Termasuk dalam kategori ini adalah                                valued based on quoted prices for similar                   Pertimbangan dan estimasi manajemen                               Management consideration and estimation are
            instrumen yang dinilai berdasarkan harga                          instruments      for    which     significant               biasanya memerlukan pemilihan model yang                          usually required for selection of the appropriate
            kuotasian untuk instrumen serupa yang                             unobservable adjustments or assumptions                     sesuai untuk digunakan, penentuan arus kas                        valuation model to be used, determination of
            memerlukan penyesuaian atau asumsi                                are required to reflect differences between                 masa depan yang diharapkan pada instrumen                         expected future cash flows on the financial
            signifikan yang tidak dapat diobservasi                           the instruments.                                            keuangan yang dinilai, penentuan probabilitas                     instrument being valued, determination of the
            untuk mencerminkan perbedaan diantara                                                                                         kegagalan pihak lawan dan pembayaran                              probability of counterparty default and
            instrumen tersebut.                                                                                                           dimuka dan pemilihan tingkat diskonto yang                        prepayments and selection of appropriate
                                                                                                                                          tepat.                                                            discount rates.



                                                          107                                                                                                                                 108
Page 205
                                                                                   The original financial statements included herein are in the                                                                                           The original financial statements included herein are in the
                                                                                                                         Indonesian language.                                                                                                                                   Indonesian language.

        PT BANK QNB INDONESIA TBK                                                        PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK                                                           PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                                   NOTES TO THE FINANCIAL STATEMENTS                                   CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                  As of December 31, 2025 and                                     Tanggal 31 Desember 2025 dan untuk                                                     As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                                for the Year Then Ended                                    Tahun yang Berakhir pada Tanggal Tersebut                                                   for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                                 (Expressed in millions of Rupiah,                                   (Disajikan dalam jutaan Rupiah,                                                    (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                        unless otherwise stated)                                            kecuali dinyatakan lain)                                                           unless otherwise stated)


35. Aset Keuangan                 dan     Liabilitas      Keuangan              35. Financial Assets          and     Financial      Liabilities    35. Aset Keuangan            dan         Liabilitas          Keuangan              35. Financial Assets             and     Financial      Liabilities
    (lanjutan)                                                                      (continued)                                                         (lanjutan)                                                                         (continued)

   b.   Nilai wajar instrumen keuangan (lanjutan)                                   b.      Fair values       of    financial     instruments          b.   Nilai wajar instrumen keuangan (lanjutan)                                      b.     Fair values        of       financial     instruments
                                                                                            (continued)                                                                                                                                           (continued)

        Instrumen keuangan yang diukur pada nilai                                           Financial instruments measured at fair                          Instrumen keuangan yang diukur pada nilai                                             Financial instruments measured at fair
        wajar                                                                               values                                                          wajar (lanjutan)                                                                      values (continued)

        Tabel di bawah ini menunjukkan instrumen                                            The table below show the financial instruments                  Model tersebut menggabungkan berbagai                                                 The models incorporate various components
        keuangan yang diukur pada nilai wajar yang                                          measured at fair value grouped according to the                 komponen yang meliputi kualitas kredit dari                                           which include the credit quality of the
        dikelompokkan berdasarkan hirarki nilai wajar.                                      fair value hierarchy.                                           counterparty, nilai spot dan kontrak berjangka                                        counterparty, spot value and future contracts
                                                                                                                                                            serta kurva tingkat suku bunga.                                                       and interest rate curve.
                                                                         2025
                                                                                                                                                            Di tahun 2025, nilai wajar dari efek-efek                                             In 2025, fair value of available for sale securities
                                        Nilai tercatat/      Tingkat/           Tingkat/           Tingkat/
                                        Carrying value       Level 1            Level 2            Level 3
                                                                                                                                                            tersedia untuk dijual diestimasi dengan                                               are estimated using quoted prices for identical
                                                                                                                                                            menggunakan harga kuotasian untuk instrumen                                           or similar instruments in markets that are not
        Aset keuangan                                                                                                          Financial assets             yang identik atau yang serupa di pasar yang                                           active.
           Tagihan derivatif                        590                  -                 590                -         Derivative receivables
           Efek-efek - nilai wajar                                                                                       Securities - fair value
                                                                                                                                                            tidak aktif.
              melalui penghasilan                                                                                            through other
              komprehensif lain               1.134.526        1.134.526                     -                -      comprehensive income                   Instrumen keuangan yang tidak diukur pada                                             Financial instruments not measured at fair
                                                                                                                                                            nilai wajar                                                                           values
                                              1.135.116        1.134.526                   590                -

        Liabilitas keuangan                                                                                                 Financial liabilities           Tabel di bawah ini menunjukkan instrumen                                              The table below show the financial instruments
           Liabilitas derivatif                   9.013                  -            9.013                   -            Derivative payables              keuangan yang tidak diukur pada nilai wajar                                           not measured at fair value grouped according
                                                  9.013                  -            9.013                   -                                             yang dikelompokkan berdasarkan hirarki nilai                                          to the fair value hierarchy.
                                                                                                                                                            wajar.

                                                                         2024                                                                                                                                                   2025

                                        Nilai tercatat/      Tingkat/           Tingkat/           Tingkat/                                                                                Nilai tercatat/          Tingkat/           Tingkat/           Tingkat/
                                        Carrying value       Level 1            Level 2            Level 3                                                                                 Carrying value           Level 1            Level 2            Level 3

        Aset keuangan                                                                                                          Financial assets             Aset keuangan                                                                                                               Financial assets
           Tagihan derivatif                      3.269                  -            3.269                   -         Derivative receivables              Kredit yang diberikan - neto         9.403.227                      -                  -        9.403.227                          Loans - net
           Efek-efek - nilai wajar                                                                                       Securities - fair value            Efek-efek yang dibeli                                                                                                    Securities purchased
              melalui penghasilan                                                                                            through other                     dengan janji dijual                                                                                                   under agreements
              komprehensif lain               1.999.339        1.999.339                     -                -      comprehensive income                      kembali                              10.872               10.874                    -                 -                          to resell
                                                                                                                                                            Efek-efek - Biaya                                                                                                                  Securities -
                                              2.002.608        1.999.339              3.269                   -                                                perolehan diamortisasi              332.608              332.533                    -                 -                  Amortized cost

        Liabilitas keuangan                                                                                                 Financial liabilities                                                9.746.707              343.407                    -        9.403.227
           Liabilitas derivatif                   7.775                  -            7.775                   -            Derivative payables
                                                                                                                                                            Liabilitas keuangan                                                                                                      Financial liabilities
                                                  7.775                  -            7.775                   -                                             Simpanan dari nasabah                8.138.008                      -        8.138.008                   -           Deposits from customers
                                                                                                                                                            Simpanan dari bank lain                  3.351                      -            3.351                   -          Deposits from other banks
                                                                                                                                                            Efek-efek yang dijual                                                                                                           Securities sold
                                                                                                                                                               dengan janji dibeli                                                                                                  under repurchased
        Nilai wajar atas instrumen derivatif yang dinilai                                   The fair values of derivatives instrument valued                   kembali                                       -                  -                  -                 -                      agreements
        menggunakan        teknik   penilaian   dengan                                      by valuation techniques using components
        menggunakan komponen yang dapat diamati di                                          which can be observed in the market, primarily                                                       8.141.359                      -        8.141.359                   -
        pasar terutama adalah swap mata uang dan                                            currency swaps and currency exchange
        kontrak pertukaran mata uang. Teknik penilaian                                      contracts. Most widely used valuation                                                                                               2024
        yang paling banyak digunakan meliputi model                                         techniques include forward and swap valuation
                                                                                                                                                                                           Nilai tercatat/          Tingkat/           Tingkat/           Tingkat/
        penilaian     forward     dan     swap     yang                                     models which use the present value calculation.                                                Carrying value           Level 1            Level 2            Level 3
        menggunakan perhitungan nilai kini.
                                                                                                                                                            Aset keuangan                                                                                                                 Financial assets
                                                                                                                                                            Kredit yang diberikan - neto         7.965.727                      -                  -        7.965.727                          Loans - net
                                                                                                                                                            Efek-efek - Biaya                                                                                                                  Securities -
                                                                                                                                                               perolehan diamortisasi              160.686              160.660                    -                 -                    Amortized cost
                                                                                                                                                                                                 8.126.413              160.660                    -        7.965.727




                                                                        109                                                                                                                                                    110
Page 206
                                                                             The original financial statements included herein are in the                                                                                 The original financial statements included herein are in the
                                                                                                                   Indonesian language.                                                                                                                         Indonesian language.

        PT BANK QNB INDONESIA TBK                                                  PT BANK QNB INDONESIA TBK                                             PT BANK QNB INDONESIA TBK                                             PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS                                      CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                            As of December 31, 2025 and                                        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                          for the Year Then Ended                                       Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                           (Expressed in millions of Rupiah,                                      (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                  unless otherwise stated)                                               kecuali dinyatakan lain)                                             unless otherwise stated)


35. Aset Keuangan           dan     Liabilitas      Keuangan              35. Financial Assets            and     Financial      Liabilities     35. Aset Keuangan         dan   Liabilitas    Keuangan                35. Financial Assets         and     Financial     Liabilities
    (lanjutan)                                                                (continued)                                                            (lanjutan)                                                            (continued)

   b.   Nilai wajar instrumen keuangan (lanjutan)                             b.     Fair values          of    financial    instruments            b.    Nilai wajar instrumen keuangan (lanjutan)                       b.   Fair values         of     financial    instruments
                                                                                     (continued)                                                                                                                               (continued)

        Instrumen keuangan yang tidak diukur pada                                    Financial instruments not measured at fair                           Nilai wajar efek-efek yang diklasifikasikan                          The carrying amount securities that classified
        nilai wajar (lanjutan)                                                       values (continued)                                                   sebagai pinjaman yang diberikan dan piutang                          as loans and receivables and held-to-maturity
                                                                   2024
                                                                                                                                                          dan dimiliki hingga jatuh tempo yang diberikan                       shows the discounted estimated future cash
                                                                                                                                                          dengan suku bunga tetap menunjukkan nilai                            flows. The cash flows estimation is discounted
                                  Nilai tercatat/      Tingkat/           Tingkat/             Tingkat/                                                   diskon dari perkiraan arus kas masa depan                            at the market interest rate to determine fair
                                  Carrying value       Level 1            Level 2              Level 3
                                                                                                                                                          yang diharapkan akan diterima oleh Bank.                             value.
        Liabilitas keuangan                                                                                            Financial liabilities              Perkiraan arus kas ini didiskontokan dengan
        Simpanan dari nasabah           7.341.878                  -        7.341.878                     -        Deposits from customers                menggunakan suku bunga pasar untuk
        Simpanan dari bank lain           322.491                  -          322.491                     -       Deposits from other banks
        Efek-efek yang dijual                                                                                                 Securities sold             menentukan nilai wajar.
           dengan janji dibeli                                                                                        under repurchased
           kembali                         95.873           95.873                       -                -                   agreements                  Nilai wajar simpanan dari nasabah dan                                The fair value of deposits from customers and
                                        7.760.242           95.873          7.664.369                     -                                               simpanan dari bank lain sama dengan nilai                            deposits from other banks are same with the
                                                                                                                                                          tercatatnya karena sifatnya dapat ditarik                            carrying amount because they are payable on
                                                                                                                                                          sewaktu-waktu.                                                       demand in nature.
        Sebagian besar dari instrumen keuangan yang                                  Majority of the financial instruments not
        tidak diukur pada nilai wajar, diukur pada biaya                             measured at fair value are measured at                               Perhitungan nilai wajar dilakukan hanya untuk                        The fair values calculated are for disclosure
        perolehan diamortisasi. Rincian di bawah ini                                 amortized cost. The following lists those                            kepentingan     pengungkapan      dan    tidak                       purposes only and do not have any impact on
        menyajikan daftar instrumen keuangan yang                                    financial instruments for which their carrying                       berdampak pada pelaporan posisi atau kinerja                         the Bank’s reported financial performance or
        nilai tercatatnya mendekati nilai wajarnya,                                  amount are reasonable approximation of fair                          keuangan Bank. Nilai wajar yang dihitung oleh                        position. The fair values calculated by the Bank
        contohnya, instrumen keuangan jangka pendek                                  value because, for example, they are short term                      Bank mungkin berbeda dengan jumlah aktual                            may be different from the actual amount that will
        atau yang ditinjau ulang menggunakan harga                                   in nature or re-price to current market rates                        yang akan diterima/dibayar pada saat                                 be received/paid on the settlement or maturity
        pasar secara berkala.                                                        frequently.                                                          penyelesaian atau jatuh tempo instrumen                              of the financial instrument. As certain
                                                                                                                                                          keuangan.    Mengingat      kategori  tertentu                       categories of financial instruments are not
        Aset Keuangan:                                                               Financial Assets:
                                                                                                                                                          instrumen      keuangan        yang      tidak                       traded, there is management consideration
        -    Kas                                                                     -       Cash                                                         diperdagangkan, maka terdapat pertimbangan                           involved in calculating the fair values.
        -    Giro pada Bank Indonesia                                                -       Current accounts with Bank Indonesia                         manajemen dalam perhitungan nilai wajar.
        -    Giro pada bank lain                                                     -       Current accounts with other banks
        -    Penempatan pada Bank Indonesia dan                                      -       Placements with Bank Indonesia and other            36. Sifat Hubungan dan Transaksi dengan Pihak                         36. Nature of Relationship and Transactions With
             bank lain                                                                       banks                                                   Berelasi                                                              Related Parties
        -    Tagihan akseptasi                                                       -       Acceptance receivables
        -    Aset lain-lain                                                          -       Other assets                                           Rincian sifat hubungan dan jenis transaksi yang                       The details of the relationship and type of significant
                                                                                                                                                    signifikan dengan pihak berelasi pada tanggal                         transactions     with    related   parties     as    of
        Liabilitas Keuangan:                                                         Financial Liabilities:                                         31 Desember 2025 dan 2024 adalah sebagai                              December 31, 2025 and 2024, are as follows:
                                                                                                                                                    berikut:
        -   Liabilitas segera                                                        -       Liabilities payable on demand
        -   Efek-efek yang dijual dengan janji dibeli                                -       Securities sell under agreements               to           Pihak berelasi/             Sifat dari hubungan/                                   Sifat dari transaksi/
            kembali                                                                          purchased                                                   Related parties             Nature of relationship                                Nature of transaction
        -   Beban masih harus dibayar dan liabilitas                                 -       Accruals and other liabilities
            lain-lain                                                                                                                               Dewan Komisaris,
                                                                                                                                                    Direksi dan karyawan
        Nilai wajar dari kredit yang diberikan dengan                                The carrying amounts of variable loans and                     kunci/Board of                                                         Giro, tabungan, deposito berjangka, pinjaman karyawan,
        suku bunga mengambang dan nilai tercatat                                     short-term fixed rate loans are the reasonable                 Commissioners,                                                         pendapatan bunga dan beban bunga/Demand deposits,
        atas kredit jangka pendek dengan suku bunga                                  approximation of their fair values. The carrying               Directors and Bank’s key     Manajemen Bank/                           saving deposits, time deposits, employee loan, interest
                                                                                                                                                    personnel                    The Bank’s Management                     income and interest expenses
        tetap adalah perkiraan yang layak atas nilai                                 amount of long term fixed rate loans shows the
        wajar. Nilai wajar dari kredit jangka panjang                                discounted estimated future cash flows. The                                                                                           Penempatan pada bank lain, simpanan dari bank lain,
        yang diberikan dengan suku bunga tetap                                       cash flows estimation is discounted at the                                                                                            bank garansi, pendapatan bunga dan beban
        menunjukkan nilai diskon dari perkiraan arus                                 market interest rate to determine fair value.                                                                                         bunga/Placement with other banks, deposits from other
        kas masa depan yang diharapkan akan diterima                                                                                                Qatar National Bank          Perusahaan induk/                         banks, bank guarantee, interest income and interest
                                                                                                                                                    (Q.P.S.C.)                   Parent company                            expense.
        oleh Bank. Perkiraan arus kas ini didiskontokan
        dengan menggunakan suku bunga pasar untuk                                                                                                                                Entitas yang dikendalikan oleh
        menentukan nilai wajar.                                                                                                                                                  pemerintah yang sama sebagai
                                                                                                                                                                                 pemegang saham akhir, State of
                                                                                                                                                                                 Qatar/Entity controlled by the same
                                                                                                                                                    Qatar National Bank          government as the ultimate                Simpanan dari bank lain dan beban bunga/Deposits from
                                                                                                                                                    S.A.E                        shareholder, State of Qatar               other banks and interest expense.



                                                                  111                                                                                                                                       112
Page 207
                                                                          The original financial statements included herein are in the                                                                                  The original financial statements included herein are in the
                                                                                                                Indonesian language.                                                                                                                          Indonesian language.

        PT BANK QNB INDONESIA TBK                                                 PT BANK QNB INDONESIA TBK                                      PT BANK QNB INDONESIA TBK                                                       PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS                               CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                           As of December 31, 2025 and                                 Tanggal 31 Desember 2025 dan untuk                                                 As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                         for the Year Then Ended                                Tahun yang Berakhir pada Tanggal Tersebut                                               for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                          (Expressed in millions of Rupiah,                               (Disajikan dalam jutaan Rupiah,                                                (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                 unless otherwise stated)                                        kecuali dinyatakan lain)                                                       unless otherwise stated)


36. Sifat Hubungan dan Transaksi dengan Pihak                          36. Nature of Relationship and Transactions With                  36. Sifat Hubungan dan Transaksi dengan Pihak                               36. Nature of Relationship and Transactions With
    Berelasi (lanjutan)                                                    Related Parties (continued)                                       Berelasi (lanjutan)                                                         Related Parties (continued)

   Rincian sifat hubungan dan jenis transaksi yang                            The details of the relationship and type of significant       Jumlah saldo dan transaksi yang signifikan dengan                               The total of significant balance and transactions with
   signifikan dengan pihak berelasi pada tanggal                              transactions     with    related   parties     as    of       pihak-pihak berelasi pada tanggal dan untuk tahun                               related parties as of and for the year ended
   31 Desember 2025 dan 2024 adalah sebagai                                   December 31, 2025 and 2024, are as follows:                   yang berakhir tanggal 31 Desember 2025 dan 2024                                 December 31, 2025 and 2024, are as follows:
   berikut: (lanjutan)                                                        (continued)                                                   adalah sebagai berikut:

      Pihak berelasi/                Sifat dari hubungan/                                     Sifat dari transaksi/                                                                          2025                                     2024
      Related parties                Nature of relationship                                  Nature of transaction                                                           Jumlah/             Persentase/         Jumlah/              Persentase/
                                                                                                                                                                             Amount             Percentage *)        Amount              Percentage *)
                                 Entitas yang dikendalikan oleh
                                 pemerintah yang sama sebagai                                                                               Penempatan pada bank lain                    -                0,00%             321.900              2,50%       Placement with other banks
                                 pemegang saham akhir, State of                                                                             Giro pada bank lain                        265                0,00%                 316              0,01% Current accounts with other banks
                                 Qatar/Entity controlled by the same                                                                        Kredit yang diberikan                  500.804                3,79%                 892              0,01%                               Loans
                                                                                                                                            Simpanan dari nasabah:                                                                                             Deposits from customers:
                                 government as the ultimate                   Giro dan beban bunga/
                                                                                                                                             Giro                                   31.965                0,38%              16.935              0,21%               Demand deposits
   State of Qatar Embassy        shareholder, State of Qatar                  Demand deposits and interest expense.                          Tabungan                                  850                0,01%                 596              0,01%                 Saving deposits
                                                                                                                                             Deposito berjangka                     84.813                1,00%              80.898              1,00%                    Time deposits
                                 Entitas yang dikendalikan oleh                                                                             Simpanan dari bank lain                  3.349                0,04%             322.474              3,98%         Deposits from other banks
                                 pemerintah yang sama sebagai                                                                               Pendapatan bunga                        22.138                3,26%                  85              0,01%                    Interest income
                                 pemegang saham akhir, State of                                                                             Beban bunga                              4.753                1,43%               4.784              1,69%                 Interest expenses
                                 Qatar/Entity controlled by the same
                                 government as the ultimate                   Giro, deposito berjangka dan beban bunga/                     *)   Persentase terhadap    jumlah   aset/liabilitas/pendapatan/                *)   Percentage     of       total       assets/liabilities/respective
   PT Indosat Tbk                shareholder, State of Qatar                  Demand deposits, time deposits and interest expenses               beban terkait                                                                   income/expense

                                                                                                                                         37. Komitmen dan Kontinjensi                                                37. Commitments and Contingencies
   Transaksi dengan personil manajemen kunci                                  Transactions with key management personnel
                                                                                                                                                                                                2025                 2024
   Personil manajemen kunci adalah pihak yang                                 Key management personnel are parties who have
   memiliki kewenangan dan tanggung jawab untuk                               authority and responsibility to control the Bank’s            Komitmen                                                                                                                   Commintments
   mengendalikan aktivitas Bank baik secara langsung                          activities, directly or indirectly.                           Liabilitas komitmen                                                                                                   Committed liabilities
   maupun tidak langsung.                                                                                                                      L/C yang tidak dapat dibatalkan                      (109.217)                    -                        Irrevocable letters of credit
                                                                                                                                            Total liabilitas komitmen                               (109.217)                    -                          Total committed liabilities
   Personil manajemen kunci termasuk Dewan                                    Key management personnel include Board of
   Komisaris dan Direksi yang memiliki kewenangan                             Commissioners and Directors that have significant
   dan tanggung jawab yang signifikan untuk                                   authority and responsibility for planning, directing          Kontinjensi                                                                                                                   Contingencies
   merencanakan, mengarahkan dan mengendalikan                                and controlling the Bank’s activities.                        Tagihan kontinjensi                                                                                                    Contingent receivables
                                                                                                                                            Bank garansi yang diterima                                         -       179.380                                   Bank guarantees received
   kegiatan Bank.                                                                                                                           Pendapatan bunga dalam                                                                                                     Interest income on
                                                                                                                                               penyelesaian                                          77.188            146.722                                     non-performing loans
   Jumlah gaji dan tunjangan Dewan Komisaris dan                              Total of salaries and allowances of the Boards of
   Direksi selama tahun-tahun yang berakhir pada                              Commissioners and Directors for the years ended               Total tagihan kontinjensi                                77.188            326.102                             Total contingent receivables
   tanggal 31 Desember 2025 dan 2024 adalah                                   December 31, 2025 and 2024, are as follows:                   Liabilitas kontinjensi                                                                                                   Contingent liabilities
   sebagai berikut:                                                                                                                         Bank garansi yang diterbitkan                            (24.663)                    -                                Bank guarantees issued

                                                 2025                  2024                                                                 Total aset kontinjensi - neto                            52.525            326.102                             Total contingent assets - net

   Dewan Komisaris                                    3.133                2.817                           Board of Commissioners           Total aset komitmen dan
   Direksi                                           25.294               27.362                                        Directors              kontinjensi - neto                                    (56.692)          326.102          Total committed and contingent assets - net

   Total                                             28.427               30.179                                              Total
                                                                                                                                            Jumlah fasilitas kredit (uncommitted dan committed)                             The Bank’s unused loan facilities (uncommitted and
                                                                                                                                            Bank kepada nasabah yang belum digunakan pada                                   committed) granted to customers as of
   Total kompensasi Direksi untuk tahun berjalan terdiri                      Total compensation for Director for the year                  tanggal 31 Desember 2025 dan 2024 adalah                                        December 31, 2025 and 2024, amounted to
   dari:                                                                      comprised of:                                                 masing-masing       sebesar    Rp3.019.501     dan                              Rp3,019,501 and Rp2,406,012, respectively.
                                                                                                                                            Rp2.406.012.
                                                 2025                  2024
   Imbalan kerja jangka pendek                       42.120               29.430                       Short term employee benefits




                                                            113                                                                                                                                                114
Page 208
                                                                                  The original financial statements included herein are in the                                                                                                 The original financial statements included herein are in the
                                                                                                                        Indonesian language.                                                                                                                                         Indonesian language.

        PT BANK QNB INDONESIA TBK                                                       PT BANK QNB INDONESIA TBK                                                   PT BANK QNB INDONESIA TBK                                                        PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS                                            CATATAN ATAS LAPORAN KEUANGAN                                                   NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                 As of December 31, 2025 and                                              Tanggal 31 Desember 2025 dan untuk                                                  As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                               for the Year Then Ended                                             Tahun yang Berakhir pada Tanggal Tersebut                                                for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                                (Expressed in millions of Rupiah,                                            (Disajikan dalam jutaan Rupiah,                                                 (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                       unless otherwise stated)                                                     kecuali dinyatakan lain)                                                        unless otherwise stated)


38. Aset dan Liabilitas dalam Valuta Asing                                   38. Assets and Liabilities Denominated in Foreign                             38. Aset dan Liabilitas dalam Valuta Asing (lanjutan)                          38. Assets and Liabilities Denominated in Foreign
                                                                                 Currencies                                                                                                                                                   Currencies (continued)

                                                    2025                                      2024                                                                                                               2025                                      2024

                                   Valuta asing                              Valuta asing                                                                                                       Valuta asing                              Valuta asing
                                   (dalam Nilai                              (dalam Nilai                                                                                                       (dalam Nilai                              (dalam Nilai
                                 penuh)/Foreign                            penuh)/Foreign                                                                                                     penuh)/Foreign                            penuh)/Foreign
                                    currencies         Ekuivalen Rp/          currencies         Ekuivalen Rp/                                                                                   currencies         Ekuivalen Rp/          currencies         Ekuivalen Rp/
                                 (in full amount)      Equivalent Rp       (in full amount)      Equivalent Rp                                                                                (in full amount)      Equivalent Rp       (in full amount)      Equivalent Rp

    Aset                                                                                                                                       Assets         Liabilitas (lanjutan)                                                                                                        Liabilities (continued)
    Kas                                                                                                                                           Cash        Simpanan dari bank lain                                                                                                    Deposits from Other Bank
     Dolar Amerika Serikat               545.570                9.097              511.490                8.232              United States Dollar               - Pihak berelasi                                                                                                               Related parties -
     Dolar Singapura                      74.372                  964              134.132                1.589                   Singapore Dollar                  Dolar Amerika Serikat                    -                      -        20.000.000              321.900                United States Dollar
     Dolar Australia                           -                    -                   30                    -                   Australian Dollar             - Pihak ketiga                                                                                                                     Third parties -
                                                                                                                                Current accounts with               Dolar Amerika Serikat                    -                      -               801                  13               United States Dollar
    Giro pada Bank Indonesia                                                                                                       Bank Indonesia             Liabilitas akseptasi                                                                                                       Acceptance payables
     Dolar Amerika Serikat            10.250.000              170.919            7.500.000              120.713             United States Dollar                    Dolar Amerika Serikat           2.751.710               45.885                     -                      -           United States Dollar
    Giro pada bank lain - neto                                                                                                  Current accounts with         Beban masih harus dibayar dan
                                                                                                                                   other banks - net            liabilitas lain-lain                                                                                                  Accruals and other liabilities
     - Pihak berelasi                                                                                                                Related party -                Dolar Amerika Serikat           1.095.230               18.263              725.024               11.669              United States Dollar
        Riyal Qatar                       57.920                 265                71.649                 316                         Qatari Riyal                 Euro Eropa                             64                    1                    -                    -                    European Euro
     - Pihak ketiga                                                                                                                   Third parties -               Dolar Singapura                       728                    9                  330                    4                  Singapore Dollar
        Euro Eropa                        23.509                  460               72.649                1.222                    European Euro                    Dolar Australia                   125.900                1.404                    4                    -                   Australian Dollar
        Dolar Amerika Serikat            752.152               12.542            1.205.088               19.396              United States Dollar                   Yen Jepang                      6.691.450                  713              210.737                   22                     Japanese Yen
        Dolar Australia                   32.921                  367               58.448                  585                   Australian Dollar                 Riyal Qatar                         1.418                    6                    -                    -                       Qatari Riyal
        Dolar Singapura                   85.121                1.104               71.218                  844                  Singapore Dollar                   Poundsterling Inggris                 143                    3                    -                    -      Great Britain Poundsterling
        Dolar Hong Kong                   42.599                   91               42.598                   88                  Hong Kong Dollar
        Yen Jepang                     6.098.952                  650           17.991.022                1.854                     Japanese Yen               Total liabilitas                                          4.959.511                                 4.160.300                       Total liabilities
        Poundsterling Inggris             19.948                  448               36.713                  742       Great Britiain Poundsterling
        Yuan China                        69.443                  166               69.260                  152                     Chinese Yuan               Total aset - neto                                        (2.403.656)                               (1.039.423)                   Total assets - net
   Penempatan pada Bank Indonesia                                                                                    Placements with Bank Indonesia
     dan bank lain                                                                                                                and other banks
     - Pihak berelasi                                                                                                              Related parties -
        Dolar Amerika Serikat                   -                      -        20.000.000              321.900              United States Dollar          39. Jaminan terhadap Kewajiban Pembayaran Bank                                 39. Guarantees on The Obligations of Commercial
      - Pihak ketiga                                                                                                                  Third parties -
        Dolar Amerika Serikat         60.000.000            1.000.500           57.000.000              917.415              United States Dollar
                                                                                                                                                               Umum                                                                           Banks
   Tagihan akseptasi                                                                                                     Acceptance receivables
        Dolar Amerika Serikat          2.751.710               45.885                     -                      -           Unites States Dollar              Berdasarkan Undang-Undang No. 24 tanggal                                         Based on Law No. 24 dated September 22, 2004,
   Kredit yang diberikan - neto                                                                                                            Loans - net         22 September 2004, efektif sejak tanggal                                         effective September 22, 2005, Indonesian Deposit
     Dolar Amerika Serikat            58.534.000              976.054           96.666.653            1.555.850                United States Dollar
   Efek-efek                                                                                                                                 Securities        22 September 2005, Lembaga Penjamin Simpanan                                     Insurance Corporation       (Lembaga   Penjamin
        Dolar Amerika Serikat         19.946.504              332.608            9.983.572              160.686                United States Dollar            (LPS) dibentuk untuk menjamin kewajiban tertentu                                 Simpanan/LPS) was established to provide
   Aset lain-lain                                                                                                                         Other assets         bank-bank umum berdasarkan program penjaminan                                    guarantee on certain deposits from customers
     Dolar Amerika Serikat               223.578                3.728              577.274                9.291                United States Dollar
     Dolar Australia                          45                    1                  164                    2                    Australian Dollar
                                                                                                                                                               yang berlaku.                                                                    based on prevailing guarantee schemes.
     Euro Eropa                                -                    -                    2                    -                      European Euro
     Yen Jepang                              307                    -                  307                    -                       Japanese Yen             Total premi penjaminan yang dibayarkan untuk                                     The guarantee premium paid for the period ended
     Dolar Singapura                           -                    -                    1                    -                    Singapore Dollar            periode yang berakhir tanggal 31 Desember 2025                                   December 31, 2025 and 2024 amounted to
     Riyal Qatar                           1.418                    6                    -                    -                         Qatari Riyal
                                                                                                                                                               dan 2024 adalah sebesar Rp13.856 dan Rp9.691                                     Rp13,856 and Rp9,691, respectively (Note 33).
    Total asset                                             2.555.855                                 3.120.877                          Total assets          (Catatan 33).
   Liabilitas                                                                                                                                Liabilities
   Liabilitas segera                                                                                                   Liabilities payable on demand           Pada tanggal 31 Desember 2025 dan 2024, tingkat                                  As of December 31, 2025 and 2024 , interest rates
     Euro Eropa                                -                    -                   64                    1                      European Euro             suku bunga atas simpanan yang dijamin oleh LPS                                   of deposits secured by LPS were 3.50% and 4.25%
     Dolar Amerika Serikat               160.619                2.678              410.140                6.601                 United States Dollar           masing-masing sebesar 3,50% dan 4,25% untuk                                      respectively, for Rupiah currency, and 2.00% and
     Dolar Australia                           9                    -                2.522                   25                     Australian Dollar
     Dolar Singapura                          74                    1                   33                    -                     Singapore Dollar
                                                                                                                                                               mata uang Rupiah, serta masing-masing sebesar                                    2.25%, respectively, for foreign currency.
     Poundsterling Inggris                     -                    -                   36                    1        Great Britain Poundsterling             2,00% dan 2,25% untuk valuta asing.
     Riyal Qatar                           1.418                    6                    -                    -                          Qatari Riyal
   Simpanan dari nasabah                                                                                                    Deposits from customers
     - Pihak berelasi                                                                                                               Related parties -
        Dolar Amerika Serikat          6.666.880              111.170            5.949.736               95.751               United States Dollar
        Dolar Singapura                       20                    -                    -                    -                   Singapore Dollar
     - Pihak ketiga                                                                                                                    Third parties -
        Euro Eropa                       462.162                9.045              433.637                7.267                     European Euro
        Dolar Amerika Serikat        283.563.407            4.728.420          227.125.193            3.655.580              United States Dollar
        Dolar Australia                1.081.084               12.057            3.334.660               33.392                   Australian Dollar
        Dolar Singapura                  864.548               11.209            1.004.848               11.902                   Singapore Dollar
        Dolar Hong Kong                       10                    -                3.557                    7                  Hong Kong Dollar
        Yen Jepang                   131.160.452               13.969          146.688.127               15.113                     Japanese Yen
        Poundsterling Inggris            207.205                4.650               48.482                  980       Great Britain Poundsterling
        Riyal Qatar                        4.908                   22               14.002                   62                        Qatari Riyal




                                                                  115                                                                                                                                                          116
Page 209
                                                                 The original financial statements included herein are in the                                                                               The original financial statements included herein are in the
                                                                                                       Indonesian language.                                                                                                                       Indonesian language.

        PT BANK QNB INDONESIA TBK                                     PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                                 PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS                                  CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                               As of December 31, 2025 and                                    Tanggal 31 Desember 2025 dan untuk                                           As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended                                   Tahun yang Berakhir pada Tanggal Tersebut                                         for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                              (Expressed in millions of Rupiah,                                  (Disajikan dalam jutaan Rupiah,                                          (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                     unless otherwise stated)                                           kecuali dinyatakan lain)                                                 unless otherwise stated)


40. Segmen Operasi                                            40. Operating Segment                                             40. Segmen Operasi (lanjutan)                                           40. Operating Segment (continued)

   a.   Bidang usaha                                             a.   Business activities                                           b.   Segmen usaha (lanjutan)                                             b.   Business segment (continued)

        Segmen Bank disajikan berdasarkan jenis                       The Bank’s segment information is presented                        Segmen operasi (lanjutan)                                                Operating segment (continued)
        kegiatan usahanya, yakni kredit, treasuri dan                 based on its business activities, namely credit,
        ekspor-impor.                                                 treasury and trade finance.                                        Segmen Operasi Bank berdasarkan letak                                    Geographical segment information of the Bank
                                                                                                                                         geografis adalah sebagai berikut:                                        was as follows:
   b.   Segmen usaha                                             b.   Business segment
                                                                                                                                                                                                 2025
        Segmen geografis                                              Geographic segment                                                                                                              Jawa Barat dan
                                                                                                                                                                                                       Jawa Timur/
        Bank tidak mempunyai pendapatan dan aset                      The Bank does not have revenues and non-                                                                                        West Java and
                                                                                                                                                                     Jakarta        Sumatera            East Java          Total
        tidak lancar dari pelanggan eksternal selain                  current asset from external customers other
        yang diatribusikan kepada Negara domisili                     than attributed to the Bank’s country of
        bank.                                                         domicile.                                                          Pendapatan bunga - neto        279.874          55.912               11.178          346.964               Interest income - net
                                                                                                                                         Provisi dan komisi - neto       33.403           3.502                2.995           39.900         Fees and commission - net
                                                                                                                                         Pendapatan (beban)                                                                                              Other operating
        Segmen operasi                                                Operating segment                                                    operasional lainnya            45.711               -                   -            45.711              income (expenses)
                                                                                                                                         Beban operasional              (336.415)        (14.227)            (13.592)         (364.234)              Operating expenses
                                                                                                                                         Pendapatan bukan                                                                                                 Non-Operating
        Segmen operasi dilaporkan sesuai dengan                       Operating     segments     are   reported     in                     operasional                     9.171                 -                  -              9.171                        income
        laporan internal Bank yang disiapkan untuk                    accordance with the internal reporting provided                    Beban bukan                                                                                                      Non-Operating
        pengambilan keputusan operasional yang                        to the chief operating decision maker which is                       operasional                   (23.417)              (35)           (3.215)          (26.667)                       expenses
        bertanggung jawab untuk mengalokasikan                        responsible for allocating resources to certain
                                                                                                                                         Laba (rugi) sebelum                                                                                      Income (loss) before
        sumber daya ke segmen tertentu dan penilaian                  segments and performance assessments.                                pajak penghasilan               8.327         45.152               (2.634)           50.845                   income tax
        atas kinerjanya.
                                                                                                                                         Beban pajak tangguhan           (99.168)                -                  -          (99.168)            Deffered tax expense
        Seperti yang dijelaskan di Catatan 2ac, Bank                  As explained in Note 2ac, the Bank is being                        Laba setelah pajak
        saat ini dikelola sebagai segmen operasi                      managed as a single operating segment.                               penghasilan                   (90.841)        45.152               (2.634)          (48.323)                Income after tax
        tunggal. Pada saat ini, Bank hanya                            Currently, the Bank only analyzes segment
        menganalisa segmen secara geografis dimana                    based on the geographical area where the                           Total aset                   13.130.267         20.703               53.246        13.204.216                     Total assets
        manajemen     menelaah      laporan  internal                 management reviews internal management                             Total liabilitas              7.539.252        886.943               68.677         8.494.872                    Total liabilities
        manajemen secara bulanan untuk masing-                        reports on a monthly basis for each area.
        masing area.
                                                                                                                                                                                                 2024
        Tidak ada pendapatan dari satu konsumen                       There was no revenue from transactions with a                                                                                   Jawa Barat dan
        eksternal atau pihak lain yang mencapai 10%                   single external customer or counterparty                                                                                         Jawa Timur/
        atau lebih dari total pendapatan Bank untuk                   reached 10% or more of the Bank’s total                                                                                         West Java and
                                                                                                                                                                     Jakarta        Sumatera            East Java          Total
        tahun     yang    berakhir    pada   tanggal                  revenuec     for   the      period    ended
        31 Desember 2025 dan 2024.                                    December 31, 2025 and 2024.
                                                                                                                                         Pendapatan bunga - neto        359.443          76.391               15.085          450.919               Interest income - net
                                                                                                                                         Provisi dan komisi - neto       25.745           2.986                2.831           31.562         Fees and commission - net
        Bank mengelola kegiatan operasinya dan                        The Bank manages its operating activities and                      Pendapatan (beban)                                                                                              Other operating
        mengidentifikasi segmen yang dilaporkan                       indentifies its reporting segments based on                          operasional lainnya            63.640          (1.988)                 12            61.664              income (expenses)
        berdasarkan wilayah geografis yang terbagi                    geographical area that allocated into several                      Beban operasional              (428.621)        (15.880)            (13.324)         (457.825)              Operating expenses
                                                                                                                                         Pendapatan bukan                                                                                                 Non-Operating
        menjadi beberapa area, yaitu Jakarta,                         areas, namely, Jakarta, Sumatera, West Java                          operasional                         90                -                  -                90                         income
        Sumatera, Jawa Barat dan Jawa Timur.                          and East Java.
                                                                                                                                         Laba sebelum pajak
                                                                                                                                           penghasilan                    20.297         61.509                4.604            86.410               Income before tax


                                                                                                                                         Total aset                   12.768.212          24.806              59.855        12.852.873                     Total assets
                                                                                                                                         Total liabilitas              6.562.458       1.163.646             378.057         8.104.161                    Total liabilities



                                                                                                                                         Pendapatan bunga, pendapatan provisi dan                                 The Bank’s interest income, fees and
                                                                                                                                         komisi, pendapatan operasional lainnya dan                               commission income, other operating income
                                                                                                                                         pendapatan non-operasional Bank berasal dari                             and non-operating income were generated from
                                                                                                                                         pelanggan/pihak lain yang berdomisili di                                 its customers/counterparties domiciled in
                                                                                                                                         Indonesia.                                                               Indonesia.




                                                        117                                                                                                                                    118
Page 210
                                                                   The original financial statements included herein are in the                                                                            The original financial statements included herein are in the
                                                                                                         Indonesian language.                                                                                                                    Indonesian language.

        PT BANK QNB INDONESIA TBK                                       PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                             PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS                                  CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                 As of December 31, 2025 and                                    Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended                                   Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                (Expressed in millions of Rupiah,                                  (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                       unless otherwise stated)                                           kecuali dinyatakan lain)                                             unless otherwise stated)


41. Perjanjian yang Material                                    41. Material Agreements                                           42. Aset Kontinjensi                                                42. Contingency Asset

    Perjanjian Sewa Menyewa Gedung dengan                          Leased Agreement with PT Adinusa Puripratama                       Sepanjang tahun 2025 dan 2024, Bank menghadapi                       During 2025 and 2024, the Bank faced several
    PT Adinusa Puritapratama                                                                                                          beberapa kasus hukum yang masih dalam proses                         unresolved legal cases, and lawsuits related to the
                                                                                                                                      dan gugatan sehubungan dengan kegiatan usaha                         Bank’s business activities. It is not possible for the
    Pada tanggal 11 April 2019, Bank menandatangani                On April 11, 2019, the Bank signed lease agreement                 Bank. Tidak memungkinkan bagi Bank untuk                             Bank to predict with certainty whether the Bank will
    perjanjian sewa menyewa dengan PT Adinusa                      with PT Adinusa Puripratama, whereby the Bank                      memperkirakan dengan pasti apakah Bank akan                          succeed in each of these legal cases or, if not, the
    Puripratama, dimana Bank menyewa gedung                        leased Revenue Tower Ground Floor & 7,8,9                          berhasil dalam setiap kasus hukum tersebut, atau                     repercussions that may arise. However, the Bank
    Revenue Tower Lantai Dasar & 7,8,9 District 8 Jalan            located at District 8 Jalan Jend. Sudirman Kav 52-                 jika tidak, dampak yang mungkin timbul, namun                        ensures the Bank’s legal position on the legal issues
    Jend. Sudirman Kav 52-53, Jakarta, yang digunakan              53, Jakarta, currently occupied as the Bank’s Head                 demikian Bank memastikan bahwa posisi hukum                          is strong and will not affect the ongoing business.
    sebagai Kantor Pusat Bank dan kantor cabang.                   Office and branch office. This agreement was                       Bank atas permasalahan hukum tersebut kuat dan
    Perjanjian berlaku untuk jangka waktu 10 tahun                 effective for the period 10 years since signing of the             tidak akan mempengaruhi usaha yang sedang
    sejak ditandatanganinya perjanjian.                            agreement.                                                         dijalankan Bank.

    Perjanjian   Kerjasama     dengan     PT   Allianz             Mutual Agreement with PT Allianz Indonesia                     43. Transaksi Non-Kas                                               43. Non-Cash Transaction
    Indonesia
                                                                                                                                      Pada tanggal 31 Desember 2025, terdapat transaksi                    As of December 31, 2025, there are non-cash
    Bank mengadakan perjanjian dengan PT Asuransi                  Bank signed an agreement with PT Asuransi Allianz                  non-kas atas reklasifikasi dari biaya dibayar dimuka                 transactions from advance payment to intangible
    Allianz Life Indonesia sehubungan dengan                       Life Indonesia in relation to market the insurance                 ke aset takberwujud dengan total sebesar Rp3.030.                    assets total amounted to Rp3,030. In addition, there
    penjualan produk Asuransi sesuai dengan model                  product in accordance with Bancassurance                           Selain itu, terdapat reklasifikasi dari biaya dibayar                are reclassification from advance payment to fixed
    bisnis Bancassurance. Perjanjian kerjasama                     Business Model. This agreement was effective                       dimuka menjadi aset tetap sebesar Rp5.413.                           assets amounting to Rp5,413.
    berlaku sejak 10 Desember 2019 untuk jangka                    since December 10, 2019 for the period of 10 years
    waktu 10 tahun sejak ditandatanganinya perjanjian              since the signing of the agreement. On 2020 this                   Pada tanggal 31 Desember 2024, terdapat transaksi                    As of December 31, 2024, there are non-cash
    ini dan pada tahun 2020 perjanjian kerjasama ini di            agreement was approved by Financial Authorities                    non-kas atas reklasifikasi dari biaya dibayar dimuka                 transactions from advance payment to intangible
    setujui oleh Otoritas Jasa Keuangan.                           Service.                                                           ke aset takberwujud dengan total sebesar Rp4.356.                    assets total amounted to Rp4,356. In addition, there
                                                                                                                                      Selain itu, terdapat reklasifikasi dari biaya dibayar                are reclassification from advance payment to fixed
    Perjanjian Perubahan Akta Sewa Menyewa                         Amendment in the Lease Deed Agreement on a                         dimuka menjadi aset tetap sebesar Rp6.103.                           assets amounting to Rp 6,103.
    Rumah (Kantor) dengan Nyonya Titin Ratnasari                   House (Office) with Mrs. Titin Ratnasari

    Pada Mei 2024, Bank menandatangani perubahan                   On May 2024, the Bank signed the lease deed                    44. Informasi Tambahan Arus Kas                                     44. Supplemental Information Of Cash Flow
    perjanjian sewa menyewa dengan Nyonya Titin                    agreement with Mrs. Titin Ratnasari, whereby the
    Ratnasari, dimana Bank melakukan perpanjangan                  Bank extend the lease of a house (office) located at               Rekonsiliasi liabilitas yang timbul dari aktivitas                   Reconciliation of liabilities occurred from financing
    sewa menyewa rumah (kantor) Jalan Ir. H. Juanda                Jalan Ir. H. Juanda No. 11, Bandung, currently                     pendanaan.                                                           activities.
    No. 11, Bandung, yang digunakan sebagai kantor                 occupied as the Bank’s branch office. This lease
    cabang Bank. Perjanjian sewa menyewa berlaku                   agreement was effective until December 3, 2024                     Tabel dibawah ini menunjukkan rekonsiliasi liabilitas                The table below shoes reconciliation of liabilities
    sampai dengan tanggal 3 Desember 2024 dan telah                and has been extended until December 3, 2027.                      yang timbul dari pendanaan untuk periode yang                        occurred from financing activities for the year ended
    diperpanjang sampai dengan tanggal 3 Desember                                                                                     berakhir pada tanggal 31 Desember 2025 dan 2024,                     December 31, 2025 and 2024, as follows:
    2027.                                                                                                                             sebagai berikut:

    Perjanjian Kerjasama Sewa Menyewa Kantor                       Mutual agreement in the Lease Deed Agreement                                                  31 Desember/                                         31 Desember/
                                                                                                                                                                 December 31,     Arus Kas/        Perubahan non-kas/ December 31,
    dengan Nyonya Rosdewi                                          on a Office with Mrs. Rosdewi                                                                     2024         Cash flows        Non-cash changes      2025

    Pada Agustus 2024, Bank menandatangani                         On August 2024, the Bank signed the lease deed                     Liabilitas sewa                   96.797          (26.940)             3.571             73.428                    Lease liability
    perjanjian sewa menyewa dengan Nyonya Rosdewi,                 agreement with Mrs. Rosdewi, whereby the Bank                      Total                             96.797          (26.940)             3.571             73.428                             Total
    dimana Bank melakukan perjanjian sewa menyewa                  lease of a office located at Jalan Pemuda No. 05,
    kantor Jalan Pemuda No. 05, Medan, yang                        Medan, occupied as the Bank’s branch office. This
    digunakan sebagai kantor cabang Bank. Perjanjian               lease agreement was effective until June 1, 2030.                                             31 Desember/                                         31 Desember/
                                                                                                                                                                 December 31,     Arus Kas/        Perubahan non-kas/ December 31,
    sewa menyewa berlaku sampai dengan tanggal                                                                                                                       2023         Cash flows        Non-cash changes      2024
    1 Juni 2030.
                                                                                                                                      Liabilitas sewa                  106.636          (23.062)            13.223             96.797                    Lease liability

                                                                                                                                      Total                            106.636          (23.062)            13.223             96.797                             Total




                                                          119                                                                                                                                 120
Page 211
                                                                  The original financial statements included herein are in the                                                                     The original financial statements included herein are in the
                                                                                                        Indonesian language.                                                                                                             Indonesian language.

        PT BANK QNB INDONESIA TBK                                      PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS                                  CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                As of December 31, 2025 and                                    Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                              for the Year Then Ended                                   Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,                                  (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                      unless otherwise stated)                                           kecuali dinyatakan lain)                                         unless otherwise stated)


45. Standar Akuntansi dan Interpretasi Standar yang            45. New Accounting Standard and Interpretation of                 46. Pengungkapan Informasi Tambahan              dalam         46. Additional Disclosure on Notes to the Financial
    Telah Disahkan Namun Belum Berlaku Efektif                     Standard Which Has Issued But Not Yet                             Catatan Atas Laporan Keuangan                                  Statements
                                                                   Effective
                                                                                                                                    Informasi tambahan berikut yang disajikan di bawah                 The following additional information below is
   Berikut ini ikhtisar Pernyataan Standar Akuntansi              The following summarize the Statement of Financial                ini merupakan informasi yang disyaratkan oleh                      information required by applicable regulations and is
   Keuangan (PSAK) dan Interpretasi Standar                       Accounting Standards (PSAK) and Interpretation of                 regulasi berlaku dan tidak disyaratkan untuk                       not required to be disclosed by Indonesian Financial
   Akuntansi Keuangan (ISAK) yang telah disahkan                  Financial Accounting Standards (ISAK) issued by                   diungkapkan oleh Standar Akuntansi Keuangan di                     Accounting Standards.
   oleh Dewan Standar Akuntansi Keuangan (DSAK)                   Board of Financial Accounting Standards (DSAK)                    Indonesia.
   namun belum berlaku efektif untuk laporan                      but not yet effective for the financial statements for
   keuangan untuk tahun yang berakhir pada tanggal                the year ended December 31, 2025:                                 a.   Giro pada Bank Indonesia                                      a.   Current Accounts with Bank Indonesia
   31 Desember 2025:
                                                                                                                                         Bank dipersyaratkan untuk memiliki Giro Wajib                      The Bank is required to maintain Minimum
    Berlaku efektif pada atau setelah tanggal                     Effective on or after January 1, 2026                                  Minimum (GWM) dalam mata uang Rupiah                               Statutory Reserves (GWM) in Rupiah for
    1 Januari 2026                                                                                                                       dalam kegiatannya sebagai Bank Umum                                Conventional Commercial Banking, and
                                                                                                                                         Konvensional, serta GWM dalam mata uang                            Minimum Statutory Reserves in foreign
    -   Amendemen PSAK 109: Klasifikasi dan                       -    Amendment of PSAK 109: Classification and                         asing dalam kegiatannya melakukan transaksi                        currencies for foreign exchange transactions.
        Pengukuran Instrumen Keuangan terkait                          Measurement         of    Financial    Instruments                mata uang asing.
        penghentian pengakuan liabilitas keuangan,                     regarding the derecognition of financial
        serta mengklarifikasi penilaian karakteristik                  liabilities, as well as clarifying the assessment                 Rasio Giro Wajib Minimum (GWM) pada                                The Minimum Statutory Reserves (GWM) ratio
        arus kas (solely payments of principal and                     of cash flow (solelypayments of principal and                     tanggal 31 Desember 2025 dan 2024 adalah                           as of December 31, 2025 and 2024 are as
        interest) untuk aset keuangan dengan fitur                     interest) characteristics for financial assets with               sebagai berikut:                                                   follows:
        ESG-linked, aset keuangan dengan fitur non-                    ESG-linked features, financial assets with non-                                                          2025            2024
        recourse, dan instrumen yang terikat secara                    recourse features, and contractually bound
        kontraktual seperti tranche.                                   instruments such as tranches.                                     Rupiah                                                                                                     Rupiah
    -   Amendemen PSAK 107: Klasifikasi dan                       -    Amendment of PSAK 107: Classification and                            Giro Wajib Minimum Harian              5,06%           7,74%               Daily Minimum Statutory Reserves
                                                                                                                                            Giro Wajib Minimum Rata-rata           9,46%           8,39%            Average Minimum Statutory Reserves
        Pengukuran Instrumen Keuangan terkait                          Measurement         of    Financial    Instruments
        persyaratan pengungkapan investasi pada                        regarding requirements for investments in                         Valuta asing                                                                                    Foreign currencies
        instrumen ekuitas yang diukur pada nilai wajar                 equity instruments measured at fair value                             Giro Wajib Minimum Harian             4,02%           4,19%               Daily Minimum Statutory Reserves
        melalui penghasilan komprehensif lain dan                      through other comprehensive income and                                Giro Wajib Minimum Rata-rata          4,04%           4,19%            Average Minimum Statutory Reserves
        menambah ketentuan terkait instrumen                           adding provisions related to financial                            Penyangga Likuiditas Mikroprudensial                                              Macroprudential Liquidity Reserve
        keuangan dengan persyaratan kontraktual                        instruments with contractual terms that change                       d/h Giro Wajib Minimum                                                              d/h Secondary Minimum
        yang mengubah waktu atau jumlah arus kas                       the timing or amount of contractual cash flows.                      Sekunder                              29,91%          50,84%                             Statutory Reserves
        kontraktual.                                                                                                                     Rasio GWM pada tanggal 31 Desember 2025                            The calculation of the GWM ratios as of
                                                                                                                                         dan 2024 dihitung berdasarkan Peraturan Bank                       December 31, 2025 and 2024 is based on Bank
    Berlaku efektif pada atau setelah tanggal                     Effective on or after January 1, 2027
                                                                                                                                         Indonesia No. 20/3/PBI/2018 tanggal 29 Maret                       Indonesia regulation (PBI) No. 20/3/PBI/2018
    1 Januari 2027
                                                                                                                                         2018 yang telah diubah beberapa kali, terakhir                     dated March 29, 2018, which has been
   Amandemen      PSAK    118:     Penyajian    dan               Amendments of PSAK 118: Presentation and                               dengan PBI No. 24/4/PBI/2022 tanggal 25                            amended several times, the latest with PBI No.
   Pengungkapan dalam Laporan Keuangan yang                       Disclosure in Financial Statements, which refers to                    Februari 2022. PBI tersebut dijelaskan oleh                        24/4/PBI/2022 dated February 25, 2022. The
   merujuk pada IFRS 18 Presentation and Disclosure               IFRS 118 Presentation and Disclosure in Financial                      Peraturan Anggota Dewan Gubernur (PADG)                            PBI is explained by Regulations of Members of
   in Financial Statements. PSAK 118 akan                         Statements. PSAK 118 will replace PSAK 201:                            No. 20/10/PADG/2018 tanggal 31 Mei 2018                            the     Board      of  Governors       (PADG)
   menggantikan PSAK 201: Penyajian Laporan                       Presentation of Financial Statements and will be                       sebagaimana telah diubah beberapa kali                             No. 20/10/PADG/2018 dated May 31, 2018
   Keuangan dan akan berlaku efektif pada 1 Januari               effective on January 1, 2027.                                          dengan PADG No.20/30/PADG/2018 tanggal                             which has been amended several times with
   2027.                                                                                                                                 30       November         2018,        PADG                        PADG No. 20/30/PADG/2018 dated November
                                                                                                                                         No. 21/14/PADG/2019 tanggal 26 Juni 2019                           30, 2018, PADG No. 21/14/PADG/2019 dated
   Penerapan PSAK 118 akan berdampak terhadap                     The implementation of PSAK 118 will affect the                         sebagaimana telah diubah beberapa kali                             June 26, 2019 which has been amended
   penyajian laporan keuangan seluruh perusahaan di               presentation of financial statements for all                           dengan PADG No. 21/27/PADG/2019 tanggal                            several      times    with     PADG        No.
   seluruh industri. PSAK 118 mengakibatkan                       companies across all industries. PSAK 118                              26     Desember      2019,     PADG       No.                      21/27/PADG/2019 dated December 26, 2019,
   perubahan terutama pada laporan laba rugi dan                  introduces significant changes primarily to the                        22/2/PADG/2020 tanggal 13 Maret 2020, PADG                         PADG No. 22/2/PADG/2020 dated March 13
   catatan atas laporan keuangan, sebagian                        statement of profit or loss and the notes to the                       No. 22/10/PADG/2020 tanggal 30 April 2020,                         2020 PADG No. 22/10/PADG/2020 dated April
   perubahan dalam arus kas dan sedikit perubahan                 financial statements, with partial changes to the                      PADG      No.    22/19/PADG/2020      tanggal                      30, 2020, PADG No. 22/19/PADG/2020 dated
   pada laporan posisi keuangan dan laporan                       statement of cash flows and m inor changes to the                      29 Juli 2020, PADG No. 23/27/PADG/2021                             July 29, 2020, PADG No.23/27/PADG/2021
   perubahan ekuitas. Dalam laporan laba rugi, PSAK               statement of financial position and the statement of                   tanggal 21 Desember 2021, PADG No.                                 dated December 21, 2021, PADG No.
   118 mensyaratkan antara lain:                                  changes in equity. Under the statement of profit or                    24/3/PADG/2022 tanggal 1 Maret 2022, PADG                          24/3/PADG/2022 dated March 1, 2022, PADG
                                                                  loss, PSAK 118 requires:                                               No. 24/8/PADG/2022 tanggal 30 Juni 2022,                           No. 24/8/PADG/2022 dated June 30, 2022,
                                                                                                                                         PADG No. 2 Tahun 2023 tanggal 24 Maret                             PADG No. 2 year of 2023 dated March 24,
   a.   penyajian subtotal laba (rugi) operasi, laba              a.   the presentation of subtotals for operating profit                2023, PADG No. 12 Tahun 2023 tanggal                               2023, PADG No.12 year of 2023 dated October
        (rugi) sebelum pendanaan dan pajak                             (loss), profit (loss) before financing and income                 1 Oktober 2023 dan perubahan terakhir PADG                         1, 2023 and the latest amendment by PADG
        penghasilan, serta laba (rugi); dan                            tax, and profit (loss); and                                       Nomor 8 Tahun 2025 tentang Peraturan                               No. 8 year of 2025 regarding Minimum
   b.   penghasilan dan beban untuk diklasifikasikan              b.   the classification of income and expenses into                    Pelaksanaan Pemenuhan Giro Wajib Minimum                           Statutory Reserve Requirements in Rupiah and
        ke dalam kategori operasi, investasi, dan                      operating, investing, and financing categories,                   dalam Rupiah dan Valuta Asing bagi Bank                            Foreign     Currencies     of    Conventional
        pendanaan, serta pajak penghasilan dan                         as well as income tax and discontinued                            Umum Konvensional, Bank Umum Syariah, dan                          Commercial Banking, Sharia Commercial
        operasi yang dihentikan.                                       operations.                                                       Unit Usaha Syariah.                                                Banking and Sharia Business Units.
                                                         121                                                                                                                              122
Page 212
                                                                   The original financial statements included herein are in the                                                                       The original financial statements included herein are in the
                                                                                                         Indonesian language.                                                                                                               Indonesian language.

        PT BANK QNB INDONESIA TBK                                       PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                           PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS                                  CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                 As of December 31, 2025 and                                    Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended                                   Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                (Expressed in millions of Rupiah,                                  (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                       unless otherwise stated)                                           kecuali dinyatakan lain)                                           unless otherwise stated)


46. Pengungkapan Informasi Tambahan dalam                       46. Additional Disclosure on Notes to the Financial               46. Pengungkapan Informasi Tambahan dalam                        46. Additional Disclosure on Notes to the Financial
    Catatan Atas Laporan Keuangan (lanjutan)                        Statements (continued)                                            Catatan Atas Laporan Keuangan (lanjutan)                         Statements (continued)
   Informasi tambahan berikut yang disajikan di bawah               The following additional information below is
                                                                                                                                     Informasi tambahan berikut yang disajikan di bawah                   The following additional information below is
   ini merupakan informasi yang disyaratkan oleh                    information required by applicable regulations and is
                                                                                                                                     ini merupakan informasi yang disyaratkan oleh                        information required by applicable regulations and is
   regulasi berlaku dan tidak disyaratkan untuk                     not required to be disclosed by Indonesian Financial
                                                                                                                                     regulasi berlaku dan tidak disyaratkan untuk                         not required to be disclosed by Indonesian Financial
   diungkapkan oleh Standar Akuntansi Keuangan di                   Accounting Standards. (continued)
                                                                                                                                     diungkapkan oleh Standar Akuntansi Keuangan di                       Accounting Standards. (continued)
   Indonesia. (lanjutan)
                                                                                                                                     Indonesia. (lanjutan)
   a.   Giro pada Bank Indonesia (lanjutan)                         a.   Current Accounts with Bank Indonesia
                                                                         (continued)                                                 a.   Giro pada Bank Indonesia (lanjutan)                             a.   Current Accounts with Bank Indonesia
                                                                                                                                                                                                               (continued)
        Pada tanggal-tanggal 31 Desember 2025 dan                        As of December 31, 2025 and 2024, The Bank
        2024, Bank juga harus memenuhi Peraturan                         must also comply with Bank Indonesia                             Bank Indonesia memberikan insentif berupa                            Bank Indonesia provides incentives in the form
        Bank Indonesia (PBI) No. 20/4/PBI/2018                           Regulation (PBI) No. 20/4/PBI/2018 dated                         kelonggaran atas kewajiban pemenuhan GWM                             of leniency on the obligation to fulfill the
        tanggal 29 Maret 2018 tentang “Rasio                             March 29, 2018 regarding “Macroprudential                        dalam rupiah yang wajib dipenuhi secara                              statutory reserve in rupiah which must be
        Intermediasi Makroprudensial dan Penyangga                       Intermediation Ratios and Macroprudential                        harian. Pada tanggal 31 Desember 2025 dan                            fulfilled on a daily basis. As of December 31,
        Likuiditas Makroprudensial bagi Bank Umum                        Liquidity Buffers for Conventional Commercial                    2024, insentif bagi Bank masing-masing                               2025 and 2024, incentive is given to Banks of
        Konvensional, Bank Umum Syariah, dan Unit                        Banks, Sharia Commercial Banks, and Sharia                       sebesar 4,20% dan 1,50%.                                             4.20% and 1.50%, respectively.
        Usaha Syariah” sebagaimana telah diubah                          Business Unit” which has been amended with
        dengan PBI No. 21/12/PBI/2019 tanggal                            PBI 21/12/PBI/2019 dated November 25, 2019,                      Pada tanggal 31 Desember 2025 dan 2024,                              As of December 31, 2025 and 2024, based on
        25 November 2019, PBI No. 22/17/PBI/2020                         PBI       No.        22/17/PBI/2020      dated                   sesuai dengan ketentuan Bank Indonesia                               the above Bank Indonesia regulations, The
        tanggal 30 September 2020, dan PBI                               September 30, 2020 and PBI 24/16/PBI/2022                        tersebut di atas, Bank harus memenuhi                                Bank is required to maintain Primary GWM and
        No.24/16/PBI/2022 tanggal 1 November 2022                        dated November 1, 2022, which is explained                       persyaratan GWM Primer dan PLM. Persentase                           PLM. The percentage requirements are as
        yang dijelaskan melalui Peraturan Anggota                        through PADGNo. 21/22/PADG/2019 dated                            persyaratan adalah sebagai berikut:                                  follows:
        Dewan       Gubernur      No.21/22/PADG/2019                     November 28, 2019 which has been amended
                                                                                                                                                                                 2025              2024
        tanggal 28 November 2019 yang telah diubah                       with PADGNo. 21/11/PADG/2020 dated
        dengan PADG No. 21/11/PADG/2020 tanggal                          April 29, 2020, PADG No. 22/30/PADG/2020                         Rupiah                                                                                                       Rupiah
        29 April 2020, PADG 22/30/PADG/2020 tanggal                      dated October 5, 2020, PADG No.                                     Giro Wajib Minimum Primer              9,00%             9,00%             Primary Minimum Statutory Reserves
        5 Oktober 2020, PADG No. 23/7/PADG/2021                          23/7/PADG/2021 dated April 26, 2021, PADG
                                                                                                                                          Valuta Asing                                                                                       Foreign Currency
        tanggal    26    April    2021,   PADG    No.                    No.           23/31/PADG/2021            dated                       Giro Wajib Minimum                    4,00%             4,00%                     Minimum Statutory Reserves
        23/31/PADG/2021 tanggal 31 Desember 2021                         December 31, 2021 and the latest amendment
        dan             perubahan             terakhir                   by      PADG       24/14/PADG/2022       dated                   Penyangga Likuiditas Makroprudensial                                                Macroprudential Liquidity Reserve
        PADG       No.    24/14/PADG/2022     tanggal                    November         1,       2022      concerning                      d/h Giro Wajib Minimum                 4,00%             6,00%                 d/h Minimum Statutory Reserves
        1 November 2022 tentang “Rasio Intermediasi                      “Macroprudential Intermediation Ratio and
        Makroprudensial dan Penyangga Likuiditas                         Macroprudential       Liquidity   Buffer    for                  GWM Primer adalah simpanan minimum yang                              Primary Minimum Statutory Reserve is a
        Makroprudensial        bagi     Bank   Umum                      Conventional Commercial Banks, Sharia                            wajib dipelihara oleh Bank dalam bentuk saldo                        minimum reserve that should be maintained by
        Konvensional, Bank Umum Syariah, dan Unit                        Commercial Banks, and Sharia Business                            Rekening Giro pada Bank Indonesia. GWM                               the Bank in Current Accounts with Bank
        Usaha Syariah”.                                                  Units”.                                                          Sekunder       dan    Penyangga       Likuiditas                     Indonesia. Secondary Minimum Statutory
                                                                                                                                          Makroprudensial (PLM) adalah cadangan                                Reserve and Macroprudential Liquidity Buffer
        Bank      Indonesia    melakukan     penguatan                   Bank Indonesia has strengthened incentive                        minimum yang wajib dipelihara oleh Bank                              are the minimum reserves that should be
        kebijakan insentif untuk mendorong peranan                       policy to stimulate the role of banks in financing               berupa Sertifikat Bank Indonesia (SBI), Surat                        maintained by the Bank which comprise of
        perbankan dalam pembiayaan kepada sektor                         priority sectors in accordance with Bank                         Utang Negara (SUN), Surat Berharga Syariah                           Certificates of Bank Indonesia (SBI),
        prioritas sesuai Peraturan Bank Indonesia (PBI)                  Indonesia Regulation (PBI) No. 24/5/PBI/2022                     Negara (SBSN) dan/atau excess reserve yang                           Government Debenture Debt (SUN), Sharia
        No. 24/5/PBI/2022 tentang Insentif bagi Bank                     regarding Incentives for Banks Providing Funds                   merupakan kelebihan saldo Rekening Giro                              Government Securities (SBSN), and/or excess
        yang Memberikan Penyediaan Dana untuk                            for Certain and Inclusive Economic Activities                    Rupiah dari GWM Primer, GWM LFR dan Rasio                            reserve which represents the excess reserve of
        Kegiatan Ekonomi Tertentu dan Inklusif tanggal                   dated February 25, 2022, as further regulated                    Intermediasi Makroprudensial (RIM). GWM                              the Bank Current Accounts in Rupiah over the
        25 Februari 2022, sebagaimana diatur lebih                       through PADG No. 24/4/PADG/2022 dated                            LFR dan RIM adalah tambahan simpanan                                 Primary Minimum Statutory Reserve, Minimum
        lanjut melalui PADG No. 24/4/PADG/2022                           March 1, 2022 as amended by the latest                           minimum yang wajib dipelihara oleh Bank                              Statutory Reserve on LFR and Macroprudential
        tanggal 1 Maret 2022 sebagaimana telah                           amendment of PADG No. 1 of 2023 dated                            dalam bentuk saldo Rekening Giro pada Bank                           Intermediation Ratio (RIM). Minimum Statutory
        diubah dengan perubahan terakhir PADG No. 1                      February 15, 2023, as further regulated through                  Indonesia, jika LFR dan RIM target Bank                              Reserve on LFR and RIM is the additional
        Tahun 2023 tanggal 15 Februari 2023,                             PADG No. 11 year of 2023 dated September                         Indonesia (84%) atau jika di atas maksimum                           reserve that should be maintained by the Bank
        sebagaimana diatur lebih lanjut melalui                          27, 2023, and and the latest amendment by                        LFR dan RIM target BI (94%) dan Kewajiban                            in the form of Current Accounts with Bank
        perubahan terakhir PADG No. 11 tahun 2023                        PADG No. 7 year of 2025 dated March 26, 2025                     Penyediaan Modal Minimum (KPMM) Bank                                 Indonesia, if the Bank and its subsidiaries’ LFR
        tanggal 27 September 2023, dan sebagaimana                       regarding “Third Amendment to the Board of                       lebih kecil dari KPMM Insentif BI sebesar 14%.                       and RIM is below the minimum of LFR and RIM
        telah diubah dengan perubahan terakhir PADG                      Governors Member Regulation Number 11 of                                                                                              targeted by Bank Indonesia (84%) or if the Bank
        No. 7 Tahun 2025 tanggal 26 Maret 2025                           2023       Regulations      for     Implementing                                                                                      LFR and RIM is above the maximum of LFR and
        tentang “Perubahan Ketiga atas Peraturan                         Macroprudential Liquidity Incentive Policy”.                                                                                          RIM targeted by BI (94%) and the Capital
        Anggota Dewan Gubernur Nomor 11 Tahun                                                                                                                                                                  Adequacy Ratio (CAR) is below BI requirement
        2023      tentang    Peraturan    Pelaksanaan                                                                                                                                                          of 14%.
        Kebijakan Insentif Likuiditas Makroprudensial”.


                                                          123                                                                                                                                124
Page 213
                                                                           The original financial statements included herein are in the                                                                                         The original financial statements included herein are in the
                                                                                                                 Indonesian language.                                                                                                                                 Indonesian language.

        PT BANK QNB INDONESIA TBK                                               PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK                                                         PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS                                   CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025 and                                     Tanggal 31 Desember 2025 dan untuk                                                   As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                       for the Year Then Ended                                    Tahun yang Berakhir pada Tanggal Tersebut                                                 for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                        (Expressed in millions of Rupiah,                                   (Disajikan dalam jutaan Rupiah,                                                  (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                               unless otherwise stated)                                            kecuali dinyatakan lain)                                                         unless otherwise stated)


46. Pengungkapan Informasi Tambahan dalam                               46. Additional Disclosure on Notes to the Financial                46. Pengungkapan Informasi Tambahan dalam                                         46. Additional Disclosure on Notes to the Financial
    Catatan Atas Laporan Keuangan (lanjutan)                                Statements (continued)                                             Catatan Atas Laporan Keuangan (lanjutan)                                          Statements (continued)

   Informasi tambahan berikut yang disajikan di bawah                       The following additional information below is                     Informasi tambahan berikut yang disajikan di bawah                                 The following additional information below is
   ini merupakan informasi yang disyaratkan oleh                            information required by applicable regulations and is             ini merupakan informasi yang disyaratkan oleh                                      information required by applicable regulations and is
   regulasi berlaku dan tidak disyaratkan untuk                             not required to be disclosed by Indonesian Financial              regulasi berlaku dan tidak disyaratkan untuk                                       not required to be disclosed by Indonesian Financial
   diungkapkan oleh Standar Akuntansi Keuangan di                           Accounting Standards. (continued)                                 diungkapkan oleh Standar Akuntansi Keuangan di                                     Accounting Standards. (continued)
   Indonesia. (lanjutan)                                                                                                                      Indonesia. (lanjutan)

   a.   Giro pada Bank Indonesia (lanjutan)                                 a.       Current Accounts with Bank Indonesia                     b.   Kredit yang Diberikan (lanjutan)                                              b.       Loans (continued)
                                                                                     (continued)
                                                                                                                                                      Restrukturisasi kredit berdasarkan jenis                                               Loan restructuring by loan type and
        Pada tanggal 31 Desember 2025 dan 2024,                                      As of December 31, 2025 and 2024 , the Bank                      kredit dan kolektibilitas adalah sebagai                                               collectibility are as follows: (continued)
        Bank telah memenuhi ketentuan Peraturan                                      has fulfilled Bank Indonesia’s prevailing                        berikut: (lanjutan)
        Bank Indonesia yang berlaku tentang GWM                                      regulation regarding GWM of Conventional
        Bank Umum Konvensional.                                                      Commercial Banks.
                                                                                                                                                                                                                      2024

   b.   Kredit yang Diberikan                                               b.       Loans                                                                                                Dalam
                                                                                                                                                                                        perhatian
                                                                                                                                                                                         khusus/          Kurang
        a) Pada tanggal 31 Desember 2025 dan 2024,                                   a) As of December 31, 2025 and 2024, the                                          Lancar/           Special          lancar/        Diragukan/          Macet/
           rasio kredit Usaha Mikro Kecil Menengah                                      ratio of Micro, Small and Medium Enterprise                                    Current           Mention        Substandard       Doubtful           Loss               Total

           (UMKM) terhadap jumlah kredit yang                                           (MSME) business loans to total loans is                       Investasi              863.614        79.901                -                   -           48.659          992.174                    Investment
           diberikan masing-masing adalah 0,01% dan                                     0.01% and 0.04%, respectively, with                           Sindikasi
                                                                                                                                                      Modal kerja
                                                                                                                                                                              19.737
                                                                                                                                                                                   -
                                                                                                                                                                                           414.380
                                                                                                                                                                                                 -
                                                                                                                                                                                                                  -
                                                                                                                                                                                                            134.437
                                                                                                                                                                                                                                      -
                                                                                                                                                                                                                                      -
                                                                                                                                                                                                                                                       -
                                                                                                                                                                                                                                                       -
                                                                                                                                                                                                                                                                  434.117
                                                                                                                                                                                                                                                                  134.437
                                                                                                                                                                                                                                                                                             Sindication
                                                                                                                                                                                                                                                                                          Working capital
           0,04% dengan nilai Rasio Pembiayaan                                          macroprudential inclusive financing ratio                     Konsumer                    33            51               83                   -               22              189                     Consumer
           Inklusif Makroprudensial (RPIM) masing-                                      (RPIM) is 17.18% and 12.41%, respectively.                    Total                  883.384       494.332          134.520                   -           48.681        1.560.917                          Total
           masing sebesar 17,18% dan 12,41%.

        b) Restrukturisasi kredit dilakukan melalui                                  b) Loans restructuring was conducted through
           modifikasi persyaratan jumlah pokok dan                                      modification of terms of principal and                        Total kredit yang telah direstrukturisasi dan                                          Total loans that have been restructured and
           bunga dan perpanjangan jangka waktu                                          interest and extension of terms. As of                        dalam kategori kredit bermasalah pada                                                  in the category of non-performing loans as
           kredit. Pada tanggal 31 Desember 2025                                        December 31, 2025 and 2024, restructured                      tanggal 31 Desember 2025 dan 2024                                                      of December 31, 2025 and 2024 amounted
           dan       2024,     jumlah   kredit   yang                                   loans amounted to Rp1,083,686 or 11.08%                       masing-masing sebesar Rp204.085 dan                                                    Rp204,085 and Rp48,681, respectively.
           direstrukturisasi masing-masing sebesar                                      and Rp1,560,917 or 18.46% of total loans,                     Rp48.681.
           Rp1.083.686         atau   11,08%       dan                                  respectively, with the respective allowance
           Rp1.560.917 atau 18,46% dari jumlah kredit                                   for impairment losses amounted to                          c) Pada tanggal 31 Desember 2025 dan 2024,                                             c) As of December 31, 2025 and 2024, details
           yang diberikan, dengan cadangan kerugian                                     Rp277,978 dan Rp344,219. From the                             rincian kredit bermasalah berdasarkan                                                  of non-performing loans based on economic
           penurunan nilai masing-masing sebesar                                        restructured loans, the Bank did not have                     sektor ekonomi adalah sebagai berikut:                                                 sector are as follows:
           Rp277.978 dan Rp344.219. Dari kredit                                         any commitments to extend additional loan
           yang direstrukturisasi tersebut, Bank tidak                                  facilities.                                                                                              2025                                      2024
           memiliki komitmen untuk memberikan                                                                                                                                                         Cadangan                                  Cadangan
           fasilitas kredit tambahan.                                                                                                                                                                 Kerugian                                   kerugian
                                                                                                                                                                                                     penurunan                                  penurunan
           Restrukturisasi kredit berdasarkan jenis                                     Loan restructuring by loan         type     and                                           Kredit                 nilai/             Kredit                  nilai/
                                                                                                                                                                               bermasalah/          Allowance for        bermasalah/            Allowance
           kredit dan kolektibilitas adalah sebagai                                     collectibility are as follows:                                                        Non-performing         impairment         Non-performing        for impairment
           berikut:                                                                                                                                                               loans                 losses              loans                  losses

                                                                 2025
                                                                                                                                                      Jasa usaha                        48.420              (38.283)              48.420                   (38.283)                    Business service
                                                                                                                                                      Perdagangan,                                                                                                                             Trading,
                                        Dalam                                                                                                           restoran dan hotel             148.639             (100.276)             151.327               (102.860)                 restaurant and hotels
                                      perhatian                                                                                                       Konstruksi                           656                 (656)                 983                   (983)                           Construction
                                       khusus/       Kurang                                                                                           Pengangkutan,
                         Lancar/       Special       lancar/        Diragukan/          Macet/                                                          perdagangan                                                                                                         Transportation, warehousing
                         Current       Mention     Substandard       Doubtful           Loss        Total
                                                                                                                                                        dan komunikasi                  20.990              (14.441)               2.368                      (694)               and communication
           Investasi        297.708       29.601             -                   -         69.649     396.958               Investment                Lain-lain                            513                 (513)              25.735                   (25.735)                              Others
           Sindikasi              -      384.620             -                   -              -     384.620               Sindication
           Modal kerja      167.671            -             -                   -        134.437     302.108            Working capital              Total                            219.218             (154.169)             228.833               (168.555)                                   Total

           Total            465.379      414.221             -                   -        204.086    1.083.686                    Total




                                                           125                                                                                                                                                  126
Page 214
                                                                                                The original financial statements included herein are in the                                                                                                       The original financial statements included herein are in the
                                                                                                                                      Indonesian language.                                                                                                                                               Indonesian language.

        PT BANK QNB INDONESIA TBK                                                                     PT BANK QNB INDONESIA TBK                                                  PT BANK QNB INDONESIA TBK                                                               PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE FINANCIAL STATEMENTS                                           CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                               As of December 31, 2025 and                                             Tanggal 31 Desember 2025 dan untuk                                                         As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                                             for the Year Then Ended                                            Tahun yang Berakhir pada Tanggal Tersebut                                                       for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                                              (Expressed in millions of Rupiah,                                           (Disajikan dalam jutaan Rupiah,                                                        (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                                     unless otherwise stated)                                                    kecuali dinyatakan lain)                                                               unless otherwise stated)


46. Pengungkapan Informasi Tambahan dalam                                                  46. Additional Disclosure on Notes to the Financial                           46. Pengungkapan Informasi Tambahan dalam                                            46. Additional Disclosure on Notes to the Financial
    Catatan Atas Laporan Keuangan (lanjutan)                                                   Statements (continued)                                                        Catatan Atas Laporan Keuangan (lanjutan)                                             Statements (continued)

   Informasi tambahan berikut yang disajikan di bawah                                             The following additional information below is                             Informasi tambahan berikut yang disajikan di bawah                                      The following additional information below is
   ini merupakan informasi yang disyaratkan oleh                                                  information required by applicable regulations and is                     ini merupakan informasi yang disyaratkan oleh                                           information required by applicable regulations and is
   regulasi berlaku dan tidak disyaratkan untuk                                                   not required to be disclosed by Indonesian Financial                      regulasi berlaku dan tidak disyaratkan untuk                                            not required to be disclosed by Indonesian Financial
   diungkapkan oleh Standar Akuntansi Keuangan di                                                 Accounting Standards. (continued)                                         diungkapkan oleh Standar Akuntansi Keuangan di                                          Accounting Standards. (continued)
   Indonesia. (lanjutan)                                                                                                                                                    Indonesia. (lanjutan)

                                                                                                                                                                            c.   Kualitas Aset Produktif (lanjutan)                                                 c.        Quality of Productive Assets (continued)
        d) Pada tanggal 31 Desember 2025 dan 2024,                                                         d) As of December 31, 2025 and 2024, the
           rasio non-performing loan (“NPL”) adalah                                                           non-performing loan (“NPL”) ratio are as                           Tabel di bawah ini menunjukkan tingkat                                                       The tables below present the collectability
           sebagai berikut:                                                                                   follows:                                                           kolektibilitas aset produktif Bank yang disajikan                                            grading of productive assets of the Bank at their
                                                                                                                                                                                 pada nilai tercatatnya: (lanjutan)                                                           carrying amounts: (continued)
                                                                  2025                     2024
                                                                                                                                                                                                                                                      2024
             NPL bruto                                               2,24%                      2,71%                                                  Gross NPL                                                        Dalam
             NPL neto                                                0,66%                      0,71%                                                    Net NPL                                                      perhatian
                                                                                                                                                                                                                       khusus/
                                                                                                                                                                                                         Lancar/       Special        Kurang lancar/         Diragukan/          Macet/       Jumlah/
        e) Pada tanggal 31 Desember 2025 dan 2024,                                                         e) As of December 31, 2025 dan 2024, the                                                      Current      mention         Substandard             Doubtful           Loss          Total
           Bank telah memenuhi ketentuan Batas                                                                Bank has complied with the Legal Lending
                                                                                                                                                                                 Giro pada Bank                                                                                                                    Current accounts
           Maksimum Pemberian Kredit (“BMPK”),                                                                Limit (“LLL”) requirements for third parties                          Indonesia               410.213               -               -                       -               -     410.213      with Bank Indonesia
           untuk pihak ketiga dan pihak berelasi.                                                             and related parties.                                                                                                                                                                            Current accounts with
                                                                                                                                                                                 Giro pada bank lain         38.818               -               -                       -               -      38.818               other banks
                                                                                                                                                                                 Penempatan pada                                                                                                                   Placements with
        f) Kredit sindikasi merupakan kredit yang                                                          f) Syndicated loans represent loans provided                             Bank Indonesia dan                                                                                                       Bank Indonesia and
                                                                                                                                                                                    bank lain             1.336.301            -                  -                    -                 -     1.336.301              other banks
           diberikan kepada nasabah berdasarkan                                                               to borrowers under a syndication agreement                         Tagihan Derivatif            3.269            -                  -                    -                 -         3.269     Derivative receivables
           perjanjian pembiayaan bersama dengan                                                               with other banks. The Bank’s participation in                      Kredit yang diberikan    7.559.382      666.351            135.280                1.631            91.922     8.454.566                      Loans
                                                                                                                                                                                 Efek-efek                2.160.025            -                  -                    -                 -     2.160.025                  Securities
           bank-bank lain. Partisipasi Bank dalam                                                             syndicated loans with other banks as of                            Komitmen dan                                                                                                                     Commitments and
           kredit sindikasi dengan bank-bank lain pada                                                        December 31, 2025 and 2024 amounted to                                Kontinjensi           2.597.064          399                  -                       -               -    2.597.463            contingencies

           tanggal 31 Desember 2025 dan 2024                                                                  Rp806,276 and Rp1,049,997 or 8.24% and                             Total                   14.105.072      666.750            135.280                1.631            91.922    15.000.655                      Total
           adalah masing-masing sebesar Rp806.276                                                             12.42% of loans balance, respectively.
           dan Rp1.049.997 atau 8,24% dan 12,42%                                                              (unaudited)
           dari total kredit. (tidak diaudit)                                                                                                                               d.   Manajemen Risiko                                                                   d.        Risk Management

   c.   Kualitas Aset Produktif                                                                   c.       Quality of Productive Assets                                          Secara garis besar, Kebijakan Manajemen                                                      Generally, the Risk Management Policy refers
                                                                                                                                                                                 Risiko mengacu pada peraturan Regulator,                                                     to the Regulatory provision, which the
        Tabel di bawah ini menunjukkan tingkat                                                             The tables below present the collectability                           dimana penerapannya mencakup 4 pilar                                                         implementation includes the 4 pilars of risk
        kolektibilitas aset produktif Bank yang disajikan                                                  grading of productive assets of the Bank at their                     manajemen risiko yang ditetapkan dalam POJK                                                  management, stipulated in OJK regulation
        pada nilai tercatatnya:                                                                            carrying amounts:                                                     No. 18/POJK.03/2016 tentang Penerapan                                                        No.18/POJK.03/2016      concerning      Risk
                                                                                                                                                                                 Manajemen Risiko Bagi Bank Umum sebagai                                                      Management Implementation for Commercial
                                                                                   2025                                                                                          berikut:                                                                                     Banks:
                                                    Dalam
                                                  perhatian                                                                                                                      1. Pengawasan aktif dari Dewan Komisaris                                                     1. Active supervision of the Boards of
                                                   khusus/                                                                                                                          dan Direksi;                                                                                 Commissioners and Directors;
                                     Lancar/       Special         Kurang lancar/         Diragukan/          Macet/       Jumlah/
                                     Current      mention          Substandard             Doubtful           Loss          Total                                                2. Kecukupan kebijakan dan prosedur                                                          2. Adequacy of Risk Management policies,
                                                                                                                                                                                    Manajemen Risiko serta penetapan limit                                                       procedures and risk limit stipulation;
        Giro pada Bank                                                                                                                              Current accounts
           Indonesia                    364.492               -                -                       -               -     364.492          with Bank Indonesia                   risiko;
                                                                                                                                               Current accounts with             3. Kecukupan proses identifikasi, pengukuran,                                                3. Adequacy      of    risk    indentification,
        Giro pada bank lain              17.504               -                -                       -               -      17.504                   other banks
        Penempatan pada                                                                                                                             Placements with                 pemantauan dan pengendalian risiko, serta                                                    measurement, monitoring and controlling
           Bank Indonesia dan                                                                                                                 Bank Indonesia and                    Sistem Informasi Manajemen Risiko; dan                                                       process, supported by Risk Management
           bank lain                  1.241.384               -                -                       -               -    1.241.384                  other banks
        Tagihan Derivatif                   590               -                -                       -               -          590          Derivative receivables                                                                                                            Information System; and
        Tagihan akseptasi                87.889               -                -                       -               -       87.889        Acceptance receivables              4. Sistem   pengendalian               internal        yang                                  4. A comprehensive internal control system.
        Efek-efek yang dibeli                                                                                                                   Securities purchased
         dengan janji jual kembali       10.872            -                   -                       -              -        10.872   under agreements to resell                  menyeluruh.
        Kredit yang diberikan         9.151.030      414.220                   -                       -        219.218     9.784.468                          Loans
        Efek-efek                     1.481.150            -                   -                       -              -     1.481.150                       Securities
        Komitmen dan                                                                                                                               Commitments and
           Kontinjensi                3.252.753               -                -                       -               -    3.252.753                contingencies

        Total                        15.607.664      414.220                   -                       -        219.218    16.241.102                           Total




                                                                             127                                                                                                                                                                128
Page 215
                                                                           The original financial statements included herein are in the                                                                            The original financial statements included herein are in the
                                                                                                                 Indonesian language.                                                                                                                    Indonesian language.

        PT BANK QNB INDONESIA TBK                                               PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                             PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS                                  CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025 and                                    Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                       for the Year Then Ended                                   Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                        (Expressed in millions of Rupiah,                                  (Disajikan dalam jutaan Rupiah,                                      (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                               unless otherwise stated)                                           kecuali dinyatakan lain)                                             unless otherwise stated)


46. Pengungkapan Informasi Tambahan dalam                          46. Additional Disclosure on Notes to the Financial                    46. Pengungkapan Informasi Tambahan dalam                        46. Additional Disclosure on Notes to the Financial
    Catatan Atas Laporan Keuangan (lanjutan)                           Statements (continued)                                                 Catatan Atas Laporan Keuangan (lanjutan)                         Statements (continued)

   d.   Manajemen Risiko (lanjutan)                                        d.    Risk Management (continued)                                 Informasi tambahan berikut yang disajikan di bawah                    The following additional information below is
                                                                                                                                             ini merupakan informasi yang disyaratkan oleh                         information required by applicable regulations and is
        Untuk mendukung penerapan manajemen                                      To support the implementation of effective risk
                                                                                                                                             regulasi berlaku dan tidak disyaratkan untuk                          not required to be disclosed by Indonesian Financial
        risiko yang efektif, Direksi membentuk komite-                           management, Board of Directors formed
                                                                                                                                             diungkapkan oleh Standar Akuntansi Keuangan di                        Accounting Standards. (continued)
        komite yang membantu kelancaran dan tata                                 committees, which help smooth and good
                                                                                                                                             Indonesia. (lanjutan)
        kelola perusahaan yang sehat dalam lingkup                               corporate governance in the scope of the
        organisasi. Komite yang dibentuk pada level                              organization. One of related Committe at the
                                                                                                                                             d.   Manajemen Risiko (lanjutan)                                      d.    Risk Management (continued)
        Komisaris salah satunya yaitu Komite                                     Commissioner level is Risk Oversight
        Pemantuan Risiko (ROC), sedangkan pada                                   Committee (ROC), whereas at Director level e.g
                                                                                                                                                  Risiko Pasar (lanjutan)                                                Market Risk (continued)
        level Direksi antara lain Komite Manajemen                               Risk      Management     Committe      (RMC),
        Risiko (RMC), Komite Manajemen Risiko                                    Operational Risk Committee (ORC), Asset &
                                                                                                                                                  i.   Risiko mata uang (lanjutan)                                       i.   Currency risk (continued)
        Operasional (ORC), Komite Aset dan Liabilitas                            Liability Committee (ALCO), Credit Committee
        (ALCO), Komite Kredit (CC) dan lainnya.                                  (CC), etc.
                                                                                                                                                       PDN pada tanggal 31 Desember 2025 dan                                  NOP as of December 31, 2025 and 2024 are
                                                                                                                                                       2024 adalah sebagai berikut: (lanjutan)                                as follows: (continued)
        Risiko Pasar                                                             Market Risk
                                                                                                                                                                                                         2024
        i.   Risiko mata uang                                                    i.   Currency risk
                                                                                                                                                                                                                        Posisi Devisa Neto
                                                                                                                                                                                                                          (nilai absolut)/
             Bank memiliki eksposur risiko mata uang                                  The Bank is exposed to currency risk                                                             Aset/         Liabilitas/        Net Open Position
             akibat adanya transaksi dalam valuta asing.                              through transaction in foreign currencies.                        Valuta                        Assets         Liabilities        (absolute amount)                          Currencies
             Bank memonitor risiko konsentrasi yang                                   The Bank monitors any concentration risk in                       Keseluruhan (laporan posisi                                                                    Aggregate (statement of
             terjadi untuk setiap valuta sehubungan                                   relation to any individual currency in regard                       keuangan dan rekening                                                                         financial position and
             dengan penjabaran transaksi dan aset dan                                 to the translation of foreign currency                              administratif)                                                                            administrative accounts)
                                                                                                                                                          Euro Eropa                      15.188            14.531                   657                       European Euro
             liabilitas moneter dalam valuta asing ke                                 transactions and monetary assets and                                Dolar Amerika Serikat        5.962.925         5.956.672                 6.254                  United States Dollar
             dalam Rupiah.                                                            liabilities into Rupiah.                                            Dolar Australia                 66.597            66.783                   186                     Australian Dollar
                                                                                                                                                          Dolar Singapura                 22.402            22.218                   183                     Singapore Dollar
             Sejalan dengan risk appetite yang telah                                  In line with the risk appetite set by the Bank,                     Dolar Hong Kong                     96                15                    81                    Hong Kong Dollar
                                                                                                                                                          Yen Jepang                      29.994            30.234                   240                       Japanese Yen
             ditetapkan oleh Bank, dimana kegiatan                                    whereby proprietary trading activity is not                         Yen Cina                           152                 -                   152                         Chinese Yen
             proprietary trading tidak diperkenankan,                                 allowed, hence the currency risk is minimal                         Poundsterling Inggris            1.718             1.957                   238          Great Britain Poundsterling
             maka risiko mata uang relatif kecil dan                                  and manageable. The Bank’s foreign                                  Riyal Qatar                        379               124                   255                          Qatari Riyal
             terkendali. Pengelolaan posisi valuta asing                              currency position management is conducted                         Total                                                                      8.246                                 Total
             Bank       dilakukan     dengan        cara                              by managing the Bank’s overall Net Open
                                                                                                                                                        Total modal 31 Desember                                                                      Total capital December 31,
             mengendalikan Posisi Devisa Neto (“PDN”)                                 Position (“NOP”).                                                   2024 (Catatan 3f)                                                    4.341.433                       2024 (Note 3f)
             Bank secara keseluruhan.
                                                                                                                                                        Rasio PDN                                                                 0,19%                             NOP ratio
             PDN pada tanggal 31 Desember 2025 dan                                    NOP as of December 31, 2025 and 2024 are
             2024 adalah sebagai berikut:                                             as follows:
                                                                                                                                                  Risiko Operasional                                                     Operational Risk
                                                                 2025
                                                                                                                                                  Risiko operasional adalah risiko yang                                  Operational risk is the risk caused by
                                                                                Posisi Devisa Neto                                                disebabkan oleh ketidakcukupan dan/atau                                inadequacy and/or failed of internal processes,
                                                                                  (nilai absolut)/
                                              Aset/          Liabilitas/        Net Open Position                                                 tidak berfungsinya proses internal, kesalahan                          human error, system failure or external factors
              Valuta                         Assets          Liabilities        (absolute amount)                          Currencies             manusia, kegagalan sistem atau adanya faktor                           affecting the operations of the Bank.
              Keseluruhan (laporan posisi                                                                      Aggregate (statement of
                                                                                                                                                  eksternal yang mempengaruhi operasional
                keuangan dan rekening                                                                           financial position and            Bank.
                administratif)                                                                              administrative accounts)
                Euro Eropa                       17.820             18.089                   269                       European Euro
                Dolar Amerika Serikat         8.782.320          8.784.451                 2.131                  United States Dollar
                Dolar Australia                  24.426             24.138                   288                     Australian Dollar
                Dolar Singapura                  21.191             21.464                   273                     Singapore Dollar
                Dolar Hong Kong                      91                  -                    91                    Hong Kong Dollar
                Yen Jepang                       28.007             27.949                    58                       Japanese Yen
                Yen Cina                            166                  -                   166                         Chinese Yen
                Poundsterling Inggris             9.806              9.298                   507          Great Britain Poundsterling
                Riyal Qatar                         290                 41                   249                          Qatari Riyal
              Total                                                                        4.033                                 Total
              Total modal 31 Desember                                                                        Total capital December 31,
                2025 (Catatan 46d)                                                     4.572.841                     2025 (Note 46d)
              Rasio PDN                                                                   0,09%                             NOP ratio




                                                           129                                                                                                                                     130
Page 216
                                                                    The original financial statements included herein are in the                                                                     The original financial statements included herein are in the
                                                                                                          Indonesian language.                                                                                                             Indonesian language.

        PT BANK QNB INDONESIA TBK                                        PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                      PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS                                  CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025 and                                    Tanggal 31 Desember 2025 dan untuk                                As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended                                   Tahun yang Berakhir pada Tanggal Tersebut                              for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                 (Expressed in millions of Rupiah,                                  (Disajikan dalam jutaan Rupiah,                               (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                        unless otherwise stated)                                           kecuali dinyatakan lain)                                      unless otherwise stated)


46. Pengungkapan Informasi Tambahan dalam                        46. Additional Disclosure on Notes to the Financial               46. Pengungkapan Informasi Tambahan dalam                      46. Additional Disclosure on Notes to the Financial
    Catatan Atas Laporan Keuangan (lanjutan)                         Statements (continued)                                            Catatan Atas Laporan Keuangan (lanjutan)                       Statements (continued)

   Informasi tambahan berikut yang disajikan di bawah                The following additional information below is                    Informasi tambahan berikut yang disajikan di bawah              The following additional information below is
   ini merupakan informasi yang disyaratkan oleh                     information required by applicable regulations and is            ini merupakan informasi yang disyaratkan oleh                   information required by applicable regulations and is
   regulasi berlaku dan tidak disyaratkan untuk                      not required to be disclosed by Indonesian Financial             regulasi berlaku dan tidak disyaratkan untuk                    not required to be disclosed by Indonesian Financial
   diungkapkan oleh Standar Akuntansi Keuangan di                    Accounting Standards. (continued)                                diungkapkan oleh Standar Akuntansi Keuangan di                  Accounting Standards. (continued)
   Indonesia. (lanjutan)                                                                                                              Indonesia. (lanjutan)

   d.   Manajemen Risiko (lanjutan)                                  d.   Risk Management (continued)                                 d.   Manajemen Risiko (lanjutan)                                d.   Risk Management (continued)

        Risiko Operasional (lanjutan)                                     Operational Risk (continued)                                     Risiko Operasional (lanjutan)                                   Operational Risk (continued)

        Bank      telah    memiliki   Kerangka     Kerja                  Bank already has Operational Risk Mangement                      Selain itu, Bank telah mengembangkan Risk &                     Beside that, the Bank has developed Risk &
        Manajemen Risiko Operasional yang menjadi                         Framework that will become standard for                          Control Self Assessment (RCSA) sebagai                          Control Self Assessment (RCSA) as tools to
        standar dalam mengelola risiko operasional.                       managing operational risk. Operational Risk                      salah satu alat untuk mengidentifikasi risiko                   identify operational risk. RCSA and KRI will be
        Kerangka        Kerja     Manajemen       Risiko                  Framework consists of several components                         operasional. Selanjutnya RCSA dan KRI akan                      implemented to all work units gradually. The
        Operasional ini terdiri dari berbagai komponen                    such as operational risk appetite, structure,                    diterapkan ke seluruh unit kerja secara                         Bank also has Incident reporting process which
        seperti appetite risiko operasional, struktur,                    governance, policies and procedures. Policies                    bertahap. Bank juga telah memiliki proses                       governs reporting process, monitoring and
        governance,       kebijakan     dan    prosedur.                  and procedures related to operational risk are                   pelaporan Kejadian Risiko Operasional yang                      escalation of operational risk incident.
        Kebijakan dan prosedur yang terkait dengan                        published and reviewed continuously to ensure                    mengatur proses pelaporan, monitoring dan
        pengelolaan risiko operasional telah diterbitkan                  the adequacy of the management of operational                    eskalasi kejadian risiko operasional.
        dan diperbaharui secara berkesinambungan                          risk. Such policies and procedures are
        untuk memastikan kecukupan pengelolaan                            Operational    Risk    Management       Policy,                  Business Continuity Management (BCM)                            Business Continuity Management (BCM)
        risiko operasional. Diantara kebijakan dan                        Operational Risk Event Loss Data Management
        prosedur      tersebut    misalnya     Kebijakan                  Guidance, Risk and Control Self Assessment                       BCM adalah proses manajemen secara holistik                     BCM is a holistic management process that
        Manajemen Risiko Operasional, Pedoman                             (RCSA) Proc edure, Operational Risk Mitigating                   untuk mengidentifikasi potensi ancaman                          identifies potential impacts that threaten an
        Petunjuk Operational Risk Event Loss Data                         Action Guidance, and Third Party Risk                            terhadap suatu organisasi dan menimbulkan                       organization and provides a framework for
        Management, Prosedur Risk and Control Self                        Management Policy. Three Lines of Defense                        dampak terhadap operasional bisnis jika                         building resilience and the capability to respond
        Assessment (RCSA), Pedoman Operational                            Concept is already implemented by the Bank.                      ancaman tersebut terjadi, dan menyediakan                       effectively safeguard the interests of the
        Risk Mitigating Action dan Kebijakan Third                        This concept explain that there are three lines                  kerangka kerja untuk membangun ketahanan                        stakeholders, reputation, brand and value
        Party Risk Management. Konsep Pertahanan                          of defense in managing risk in which each lines                  organisasi melalui kemampuan respon yang                        creating activities. The Bank already has BCM
        Tiga Lini juga telah diimplementasikan oleh                       have their own role and responsibilities in                      efektif untuk melindungi kepentingan para                       policy which governs end to end process
        Bank. Konsep ini menjelaskan bahwa terdapat                       managing risk.                                                   stakeholder, reputasi, brand, dan kegiatan-                     regarding BCM.
        tiga lini pertahanan dalam mengelola risiko                                                                                        kegiatan penciptaan nilai. Bank telah memiliki
        dimana masing-masing lini memiliki peran dan                                                                                       Kebijakan BCM yang mengatur proses end to
        tanggung jawabnya dalam mengelola risiko.                                                                                          end terkait dengan BCM.

        Bank secara aktif melakukan program                               Bank actively conducts the socialization                         Sasaran dari penerapan BCM adalah untuk:                        The goal of the application of BCM is to:
        sosialisasi untuk meningkatkan risk awareness                     program to improve risk awareness in order to
        dalam rangka meminimalisir risiko operasional.                    minimize the operational risk. Socialization are                 1. Memastikan        kelanjutan proses   dari                   1. Ensure the continuing process of critical
        Sosialisasi dilakukan dalam bentuk e-learning,                    performed in form of e-learning, e-mail blast and                   fungsi/unit yang kritikal sesuai dengan                         function/unit in accordance with a
        e-mail blast dan tatap muka.                                      face to face.                                                       toleransi waktu yang telah ditetapkan saat                      predetermined tolerance time during a crisis
                                                                                                                                              terjadi krisis atau bencana;                                    or disaster;
        Dalam rangka memitigasi risiko operasional,                       In order to mitigate operational risks, the Bank                 2. Memastikan setiap fungsi/unit yang kritikal                  2. Ensure each critical function/unit has the
        Bank telah menyusun kebijakan anti-fraud                          has developed anti-fraud policy to minimize                         memiliki strategi pemulihan yang sesuai                         appropriate recovery strategies and can be
        untuk meminimalisir potensi kecurangan                            potential of fraud, which led to the Bank’s                         dan dapat diimplementasikan saat terjadi                        implemented during a crisis or disaster;
        (fraud), yang akan menyebabkan kerugian                           losses, either caused by external or internal                       krisis atau bencana;
        Bank, baik dikarenakan kecurangan eksternal                       fraud. Beside, Bank already has whistleblowing                   3. Memastikan ketersediaan sumber daya                          3. Ensure the availability of human and
        maupun internal. Selain itu Bank juga telah                       mechanism as a tool to report and escalate                          manusia dan material yang dibutuhkan oleh                       material resources required by the bank to
        memiliki mekanisme whistleblowing sebagai                         indication of fraud incident.                                       bank dalam menjalankan bisnis saat terjadi                      continue run the business in the event of a
        salah satu sarana untuk melaporkan dan                                                                                                krisis atau bencana;                                            crisis or disaster;
        mengeskalasikan       indikasi     kejadian                                                                                        4. Meningkatkan kesadaran karyawan untuk                        4. Increase awareness of employees to always
        kecurangan.                                                                                                                           selalu siap dalam menghadapi kondisi krisis                     be prepared to deal with a crisis situation or
                                                                                                                                              atau bencana;                                                   disaster;
                                                                                                                                           5. Menjaga sumber daya utama yang                               5. Keeping the main resources required to
                                                                                                                                              dibutuhkan dalam mendukung pemulihan                            support the recovery of the Bank’s activities;
                                                                                                                                              aktivitas Bank;
                                                                                                                                           6. Mengurangi dampak terhadap layanan                           6. Reduce the impact on the Bank’s services;
                                                                                                                                              Bank;


                                                           131                                                                                                                              132
Page 217
                                                                    The original financial statements included herein are in the                                                                      The original financial statements included herein are in the
                                                                                                          Indonesian language.                                                                                                              Indonesian language.

        PT BANK QNB INDONESIA TBK                                        PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                       PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS                                  CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025 and                                    Tanggal 31 Desember 2025 dan untuk                                 As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended                                   Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                 (Expressed in millions of Rupiah,                                  (Disajikan dalam jutaan Rupiah,                                (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                        unless otherwise stated)                                           kecuali dinyatakan lain)                                       unless otherwise stated)


46. Pengungkapan Informasi Tambahan dalam                        46. Additional Disclosure on Notes to the Financial               46. Pengungkapan Informasi Tambahan dalam                       46. Additional Disclosure on Notes to the Financial
    Catatan Atas Laporan Keuangan (lanjutan)                         Statements (continued)                                            Catatan Atas Laporan Keuangan (lanjutan)                        Statements (continued)

   Informasi tambahan berikut yang disajikan di bawah                The following additional information below is                    Informasi tambahan berikut yang disajikan di bawah               The following additional information below is
   ini merupakan informasi yang disyaratkan oleh                     information required by applicable regulations and is            ini merupakan informasi yang disyaratkan oleh                    information required by applicable regulations and is
   regulasi berlaku dan tidak disyaratkan untuk                      not required to be disclosed by Indonesian Financial             regulasi berlaku dan tidak disyaratkan untuk                     not required to be disclosed by Indonesian Financial
   diungkapkan oleh Standar Akuntansi Keuangan di                    Accounting Standards. (continued)                                diungkapkan oleh Standar Akuntansi Keuangan di                   Accounting Standards. (continued)
   Indonesia. (lanjutan)                                                                                                              Indonesia. (lanjutan)

   d.   Manajemen Risiko (lanjutan)                                  d.   Risk Management (continued)                                 d.   Manajemen Risiko (lanjutan)                                 d.   Risk Management (continued)

        Risiko Operasional (lanjutan)                                     Operational Risk (continued)                                     Risiko Likuiditas (lanjutan)                                     Liquidity Risk (continued)

        Sasaran dari penerapan BCM adalah untuk:                          The goal of the application of BCM is to:                        Rasio Kecukupan Likuiditas (“LCR”) Bank pada                     The Bank’s Liquidity Coverage Ratio (“LCR”) as
        (lanjutan)                                                        (continued)                                                      tanggal 31 Desember 2025 dan 2024 adalah                         of December 31, 2025 and 2024 was as follows
                                                                                                                                           sebagai berikut (tidak diaudit):                                 (unaudited):
        7. Mengurangi risiko reputasi;                                    7. Reducing the risk of reputation;
        8. Meningkatkan kepercayaan publik dan                            8. Improve public confidence and macro                                                                 2025              2024
            sistem keuangan makro;                                            financial system;
                                                                                                                                           LCR Bank                               119,95%           174,70%                                        Bank's LCR
        9. Meningkatkan ketahanan atau kemampuan                          9. Increasing the resilience or recovery                         LCR yang diwajibkan oleh regulator     100,00%           100,00%                           Regulatory required LCR
            pemulihannya; dan                                                 capability; and
        10. Menjaga eksistensi Bank.                                      10. Maintain the existence of the Bank.                          Manajemen Modal                                                  Capital Management
        Penerapan program-program terkait BCM di                          The implementation of programs related to                        Bank diwajibkan untuk mentaati Peraturan                         The Bank is required to comply with prevailing
        Bank melibatkan seluruh komponen dan                              BCM at Bank involve all components and have                      Otoritas Jasa Keuangan (“POJK”) yang berlaku                     Financial Service Authority Regulation (“POJK”)
        mendapat dukungan penuh dari manajemen                            the full support of management since the                         dalam hal modal yang diwajibkan regulator.                       regulation in respect of regulatory capital. The
        sejak dari tahap perencanaan, penyusunan,                         planning stage, the preparation, maintenance,                    Pendekatan Bank terhadap pengelolaan modal                       Bank’s approach to capital management is
        pemeliharaan,     pengawasan       sampai                         supervision until perfected.                                     ditentukan oleh strategi dan persyaratan                         driven by the Bank’s strategic and
        penyempurnaannya.                                                                                                                  organisasi Bank, dengan mempertimbangkan                         organizational requirements, taking into
                                                                                                                                           peraturan, serta keadaan ekonomi dan                             account the regulatory, economic and
        Komite Manajemen Risiko Operasional                               Operational Risk Management Committee                            komersial.                                                       commercial environment.
        Untuk meningkatkan kualitas monitoring dan                        To improve the quality of monitoring and                         Bank     menghitung    kebutuhan     modal                       The Bank calculates its capital requirements
        pengawasan         terhadap        implementasi                   oversight of operational risk management                         berdasarkan POJK yang berlaku dimana modal                       using the prevailing POJK where the Bank’s
        manajemen risiko operasional telah dibentuk                       implementation, Operational Risk Committee                       yang diwajibkan regulator Bank dianalisa                         regulatory capital is analyzed into two tiers:
        Komite Manajemen Risiko Operasional sejak                         has been established in February 2018.                           dalam dua tier:
        Februari 2018. Secara berkala dilakukan rapat                     Meeting of Operational Risk Committee to
        Komite Manajemen Risiko Operasional untuk                         discuss and make decision on operational risk                    -   Modal tier 1, meliputi modal ditempatkan                     -   Tier 1 capital, which includes issued and
        membahas dan mengambil keputusan terkait                          related issues has been conducted on a                               dan disetor penuh, dana setoran modal,                           fully paid share capital, advanced capital,
        dengan isu-isu risiko operasional.                                periodic basis.                                                      cadangan umum dan wajib, saldo laba                              general and legal reserve, retained earnings
                                                                                                                                               (rugi) dan laba tahun berjalan, laba (rugi)                      and profit (loss) for the year, profit (loss)
        Risiko Likuiditas                                                 Liquidity Risk                                                       tahun lalu, aset tak berwujud dan selisih                        from prior year, intangible assets, and
                                                                                                                                               kurang antara penyisihan kerugian kredit                         difference between provision for loan losses
        Eksposur terhadap Risiko Likuiditas                               Exposure to Liquidity Risk                                           dan cadangan kerugian penurunan nilai                            and allowance for impairment losses for
                                                                                                                                               atas aset produktif dan non produktif, aset                      productive asset and non productive asset,
        Ukuran utama yang digunakan oleh Bank untuk                       The key measure used by the Bank for                                 pajak tangguhan serta instrumen yang                             deffered tax asset and instruments that
        mengelola risiko likuiditas adalah rasio LCR                      managing liquidity risk is LCR (Liquidity                            memenuhi persyaratan;                                            fulfills terms;
        (Liquidity Coverage Ratio) dan rasio NSFR (Net                    Coverage Ratio) and NSFR (Net Stable                             -   Modal tier 2, meliputi instrumen modal                       -   Tier 2 capital, which includes capital
        Stable Funding Ratio). Rasio yang pertama                         Funding Ratio). The first ratio is used to see                       dalam bentuk saham atau lainnya yang                             instruments in the form of shares or others
        digunakan untuk mengukur kemampuan jangka                         short-term resilience of a bank’s liquidity risk                     memenuhi persyaratan, cadangan umum                              that fulfills terms, required general provision
        pendek bank dengan memastikan bahwa bank                          profile by ensuring that it has sufficient High                      aset produktif yang wajib dibentuk.                              for productive assets.
        memiliki cukup aset-aset berkualitas tinggi yang                  Quality Liquid Asset (HQLA) to survive a
        dapat dilikuidasi sewaktu-waktu untuk dapat                       significant stress scenario lasting for 30 days.                 Bank tidak mempunyai modal tambahan lain                         The Bank does not have any other
        bertahan dalam scenario stress selama 30 hari.                    Meanwhile the second ratio objective is to                       yang memenuhi kriteria modal tier 3 sesuai                       supplementary capital which meets the criteria
        Sementara rasio kedua digunakan untuk                             reduce funding risk over a longer time horizon                   dengan POJK yang berlaku.                                        of tier 3 capital under prevailing POJK.
        mengurangi risiko pendanaan dalam jangka                          by requiring banks to fund their activities with
        panjang dimana bank diharapkan mampu                              sufficiently stable sources of funding in order to
        membiayai kegiatannya dengan memiliki cukup                       mitigate the risk of future funding stress. As of
        sumber-sumber dana yang stabil. Posisi NSFR                       December 31, 2025 and 2024, the reported
        per 31 Desember 2025 dan 2024 adalah                              ratios of NSFR customers were 140.40% and
        140,40% dan 154,36% (tidak diaudit).                              154.36%, respectively (unaudited).

                                                           133                                                                                                                               134
Page 218
                                                                     The original financial statements included herein are in the                                                                          The original financial statements included herein are in the
                                                                                                           Indonesian language.                                                                                                                  Indonesian language.

        PT BANK QNB INDONESIA TBK                                         PT BANK QNB INDONESIA TBK                                             PT BANK QNB INDONESIA TBK                                          PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS                                      CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025 and                                        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended                                       Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                  (Expressed in millions of Rupiah,                                      (Disajikan dalam jutaan Rupiah,                                   (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                         unless otherwise stated)                                               kecuali dinyatakan lain)                                          unless otherwise stated)


46. Pengungkapan Informasi Tambahan dalam                         46. Additional Disclosure on Notes to the Financial                   46. Pengungkapan Informasi Tambahan dalam                       46. Additional Disclosure on Notes to the Financial
    Catatan Atas Laporan Keuangan (lanjutan)                          Statements (continued)                                                Catatan Atas Laporan Keuangan (lanjutan)                        Statements (continued)

   Informasi tambahan berikut yang disajikan di bawah                 The following additional information below is                        Informasi tambahan berikut yang disajikan di bawah                  The following additional information below is
   ini merupakan informasi yang disyaratkan oleh                      information required by applicable regulations and is                ini merupakan informasi yang disyaratkan oleh                       information required by applicable regulations and is
   regulasi berlaku dan tidak disyaratkan untuk                       not required to be disclosed by Indonesian Financial                 regulasi berlaku dan tidak disyaratkan untuk                        not required to be disclosed by Indonesian Financial
   diungkapkan oleh Standar Akuntansi Keuangan di                     Accounting Standards. (continued)                                    diungkapkan oleh Standar Akuntansi Keuangan di                      Accounting Standards. (continued)
   Indonesia. (lanjutan)                                                                                                                   Indonesia. (lanjutan)

   d.   Manajemen Risiko (lanjutan)                                   d.   Risk Management (continued)                                     d.   Manajemen Risiko (lanjutan)                                    d.   Risk Management (continued)

        Manajemen Modal (lanjutan)                                         Capital Management (continued)                                       Manajemen Modal (lanjutan)                                          Capital Management (continued)

        Berbagai batasan telah diterapkan untuk                            Various limits are applied to elements of the                        Tabel di bawah ini menunjukkan modal dan                            The table below shows the Bank’s capital and
        menentukan komponen modal yang diwajibkan                          regulatory capital. The effect of deferred                           rasio kewajiban penyediaan modal minimum                            capital adequacy ratio as of December 31, 2025
        oleh regulator. Pengaruh dari pajak tangguhan                      taxation has been excluded in determining the                        Bank     masing-masing     pada    tanggal                          and 2024, are as follows:
        telah dikeluarkan dalam menentukan jumlah                          amount of retained earnings for tier 1 capital;                      31 Desember 2025 dan 2024 sebagai berikut:
        saldo laba untuk menghitung modal tier 1; 100                      100 percent of the profit for the year before
        persen laba tahun berjalan sebelum aset pajak                      deferred tax asset being included in tier 1                                                                 2025             2024
        tangguhan yang dapat diperhitungkan dalam                          capital; and qualifying tier 2 capital cannot
                                                                                                                                                Modal tier 1                           4.478.753        4.265.916                                        Tier 1 capital
        modal tier 1; dan modal tier 2 tidak boleh                         exceed tier 1 capital. There is also a restriction                   Modal tier 2                              94.088           75.517                                        Tier 2 capital
        melebihi modal tier 1. Juga terdapat batasan                       on the amount of general allowance for
        jumlah cadangan umum aset produktif yang                           productive assets that may be included as part                       Total modal yang diwajibkan
        boleh dimasukkan sebagai bagian dari modal                         of tier 2 capital.                                                    regulator                             4.572.841        4.341.433                              Total regulatory capital
        tier 2.
                                                                                                                                                Aset tertimbang menurut risiko                                                                  Risk weighted assets
        Aset Tertimbang Menurut Risiko (“ATMR”)                            The Bank’s Risk Weighted Assets (“RWA”) are                          Risiko kredit                          8.114.998        7.071.307                                         Credit risk
        Bank ditentukan berdasarkan persyaratan yang                       determined according to specified requirements                       Risiko pasar                              67.431           67.779                                        Market risk
        telah ditentukan yang mencerminkan berbagai                        that seek to reflect the varying levels of risk                      Risiko operasional                       573.897          592.919                                    Operational risk
        tingkatan risiko yang terkait dengan aset dan                      attached to assets and exposures not                                 Total aset tertimbang menurut risiko   8.756.326        7.732.005                          Total risk weighted assets
        eksposur yang tidak tercermin dalam laporan                        recognized in the statement of financial
        posisi keuangan. Berdasarkan POJK, Bank                            position. Based on POJK, the Bank needs to
                                                                                                                                                Rasio kewajiban penyediaan modal                                                     Capital adequacy ratio for credit
        diharuskan untuk mempertimbangkan risiko                           take into consideration its credit risk, market
                                                                                                                                                 untuk risiko kredit                     56,35%           61,40%                                                risk
        kredit, risiko pasar dan risiko operasional dalam                  risk and operational risk in measuring the RWA.                      Rasio kewajiban penyediaan modal
        mengukur ATMR Bank.                                                                                                                      untuk risiko kredit dan risiko                                                       Capital adequacy ratio for credit
                                                                                                                                                 operasional                             52,63%           56,65%                             risk and operational risk
        Kebijakan Bank adalah menjaga modal yang                           The Bank’s policy is to maintain a strong capital                    Rasio kewajiban penyediaan modal                                                            Minimum capital adequacy
        kuat untuk menjaga kepercayaan pemodal,                            base so as to maintain investor, creditor and                         minimum untuk risiko kredit, pasar                                                  ratio for credit risk, market risk
        kreditur dan pasar dan untuk mempertahankan                        market confidence and to sustain future                               dan operasional                         52,22%           56,15%                                  and operational risk
        perkembangan bisnis di masa depan.                                 development of the business. The impact of the                       Rasio kewajiban penyediaan modal
                                                                                                                                                 minimum yang diwajibkan                  8,00%            8,00%                     Required capital adequacy ratio
        Pengaruh tingkat modal terhadap tingkat                            level of capital on shareholders’ return is also
                                                                                                                                                Rasio kewajiban penyediaan modal
        pengembalian ke pemegang saham juga                                recognized and the Bank also recognizes the                           minimum yang diwajibkan menurut                                                     Required capital adequacy ratio
        diperhitungkan dan Bank juga memahami                              need to maintain a balance between the higher                         profil risiko                            9,00%            9,00%                       accordance with risk profile
        perlunya menjaga keseimbangan antara                               returns that might be possible with greater
        tingkat pengembalian yang tinggi, yang                             gearing and the advantages and security level                        Manajemen menggunakan rasio modal yang                              Management uses regulatory capital ratios in
        dimungkinkan dengan gearing yang lebih besar                       afforded by a strong capital position.                               diwajibkan regulator untuk memantau modal                           order to monitor its capital base, and these
        serta keuntungan-keuntungan dan tingkat                                                                                                 dan rasio-rasio modal ini tetap menjadi standar                     capital ratios remain the industry standards for
        keamanan yang didapat dari posisi modal yang                                                                                            industri untuk mengukur kecukupan modal.                            measuring capital adequacy. OJK’s approach
        kuat.                                                                                                                                   Pendekatan OJK untuk pengukuran ini                                 to such measurement is primarily based on
                                                                                                                                                terutama berdasarkan pemantauan terhadap                            monitoring the relationship of the capital
        Bank telah mematuhi semua persyaratan                              The Bank has complied with all capital                               hubungan antara modal yang diwajibkan                               resources requirement based on risk profile to
        modal yang ditetapkan oleh OJK sepanjang                           requirements set by OJK throughout the year.                         berdasarkan profil risiko terhadap modal yang                       available capital resources.
        tahun.                                                                                                                                  tersedia.

                                                                                                                                    .




                                                            135                                                                                                                                   136
Page 219
                                                                               The original financial statements included herein are in the
                                                                                                                     Indonesian language.

        PT BANK QNB INDONESIA TBK                                                   PT BANK QNB INDONESIA TBK
     CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                             As of December 31, 2025 and
   Tahun yang Berakhir pada Tanggal Tersebut                                           for the Year Then Ended
        (Disajikan dalam jutaan Rupiah,                                            (Expressed in millions of Rupiah,
            kecuali dinyatakan lain)                                                   unless otherwise stated)


47. Reklasifikasi Akun                                                  47. Reclassification of Account

    Beberapa akun dalam laporan keuangan pada                                  Several account in financial statements as of
    tanggal 31 Desember 2024 telah direklasifikasi agar                        December 31, 2024, have been reclassified to align
    sesuai dengan penyajian akun-akun pada laporan                             with the presentation of accounts in the financial
    keuangan pada tanggal 31 Desember 2025 sebagai                             statements as of December 31, 2025, as follows:
    berikut:
                                                       31 Desember/December 2024
                                        Dilaporkan                                Dilaporkan
                                       sebelumnya/                                  saat ini/
                                       As previously        Reklasifikasi/        As currently
                                         reported          Reclassifications       reported


    LAPORAN ARUS KAS                                                                                        STATEMENT OF CASH FLOW

    ARUS KAS DARI                                                                                                   CASH FLOW FROM
      AKTIVITAS OPERASI                                                                                       OPERATING ACTIVITIES

                                                                                                           Payments for non-operational
       Pembayaran bukan operasional               (85)                9.303                (9.388)                        expenses

       Penurunan (kenaikan)                                                                                      Decrease (increase) in
         dalam asset operasi:                                                                                     operating assets:
            Aset lain-lain                    69.430                 14.497                54.933                  Other assets

   ARUS KAS DARI                                                                                                     CASH FLOW FROM
      AKTIVITAS INVESTASI                                                                                      INVESTING ACTIVITIES

       Hasil penjualan                                                                                                    Proceeds from
         agunan yang diambil alih                      -             23.800                 23.800          sale of foreclosed assets         This page has been intentionally left blank


48. Peristiwa Setelah Tanggal Pelaporan                                 48. Subsequent Events

    Setelah tanggal 31 Desember 2025, Bank                                     Subsequent to 31 December 2025, the Bank
    melakukan rasionalisasi jaringan kantor cabang.                            decided to streamline its branch network. As part of
    Sebagai bagian dari inisiatif ini, 3 kantor cabang dan                     this initiative, 3 branches and 1 sub-branch were
    1 kantor cabang pembantu resmi ditutup pada                                officially closed in January 2026. Following the
    Januari 2026. Dengan penutupan tersebut, Bank                              closure, the Bank operates through three remaining
    selanjutnya beroperasi melalui tiga cabang, yaitu                          branches, namely SCBD, Gajah Mada, and Medan.
    SCBD, Gajah Mada, dan Medan.


49. Tanggung Jawab Manajemen atas Laporan                               49. Management's Responsibility on the Financial
    Keuangan                                                                Statements

    Manajemen Bank bertanggung jawab atas                                      The Bank’s management is responsible for the
    penyusunan penyajian laporan keuangan yang                                 preparation and presentation of the financial
    diotorisasi oleh Direksi untuk terbit pada tanggal                         statements which were authorized by Director for
    30 Maret 2026.                                                             issuance on March 30, 2026.




                                                               137

File

File Open PDF
Source IDX
Size6.15 MB
Published28 Apr 2026
Pages219
Characters2,793,365
Text sourceEmbedded text layer
OCR confidence—

Names mentioned 136 people and organisations named in the text · linked when the evidence is strong

linked org Bank QNB Indonesia Tbk · Company Name p.1 ×240
linked org FKS Food and Agri. p.10
linked org Mitra Adiperkasa Tbk. p.10 ×2
linked org Pindo Deli p.10
linked org Polytama Propindo. p.10
linked org PT Dayamitra Telekomunikasi p.10
linked org FKS Multi Agro Tbk. p.10 ×2
linked org PT Adi Sarana Armada p.10
linked org Indo Kordsa Tbk. p.10 ×2
linked person Fatma Al-Suwaidi · President Commissioner p.12 ×9
linked person Djoko Sarwono · Commissioner p.15 ×24
linked person Muhammad Anas Malla · Ketua p.15 ×18
linked person Mario Utama p.15 ×12
linked org Qatar National Bank p.17 ×14
linked org Trimegah Sekuritas Tbk. p.22 ×2
linked org PT Syailendra Capital p.22
linked person Khalid Al-Sada · Commissioner p.24 ×10
linked person Lius Pritantyo p.24 ×5
linked org Malayan Banking Berhad p.27
linked — Standard Chartered p.27
linked person Heru Subroto · Anggota p.157 ×3
linked person Idewan Diaz · Anggota p.157
linked person Romy Yulianto Santoso. p.157
linked person Nicolas Alix Groene · Direktur Utama p.157
linked person Mario Albert Utama (Mario Utama · Direktur p.157 ×2
possible org Indosat Tbk. p.10 ×2
possible org OKI Pulp & Paper Mills p.10
possible org PT Pegadaian. p.10
possible — UOB Kay Hian. p.10
possible — Batavia Prosperindo p.22
possible person Nick Groene’s p.25
possible org Bank Rakyat Indonesia p.26
possible person Windiartono Tabingin’s · Director p.26 ×13
possible org Bank Negara Indonesia (Persero) Tbk p.29 ×2
possible person Firdaus p.32
possible org PT Bursa Efek Indonesia p.43 ×4
possible person Helmi p.155 ×2
unresolved org Financial Services Authority p.2 ×3
unresolved org & Other Securities Listing p.2
unresolved — Operational Review by Segment p.2
unresolved org Bank Indonesia p.5 ×28
unresolved org PT El Sewedy p.10
unresolved org PT Integra. p.10
unresolved org Buana Finance Tbk. p.10 ×2
unresolved org PT Pindo Deli Pulp p.10
unresolved org PT Paper Mills. p.10
unresolved org PT CSM Corporatama p.10
unresolved org PT Artajasa Pembayaran p.10
unresolved org PT Pakar Digital p.10
unresolved org QNB Indonesia Tbk p.13 ×2
unresolved person Leonard Hendrik-Willem Van Sandick · Notaris p.17
unresolved org Indonesia Stock Exchange p.17 ×4
unresolved org PT Bank Chunghwa p.18
unresolved org PT Bank QNB Kesawan p.18
unresolved org Bank Certificates p.20
unresolved org Bank Guarantees p.21 ×2
unresolved org PT Batavia Prosperindo Aset Manajemen p.22
unresolved org PT Mandiri Manajemen Investasi p.22
unresolved org PT Manulife Aset Manajemen Indonesia p.22
unresolved org PT Trimegah Asset Management p.22
unresolved person Ir. H. Juanda p.23
unresolved — CEO · President Director p.24
unresolved person Nick Groene Academic · President Director p.25 ×15
unresolved org PT Hongkong p.26
unresolved org PT Asuransi Jiwa Bringin Jiwa Sejahtera p.26
unresolved org Shanghai Banking Corporation p.26
unresolved person Gede Shanta Wiguna Leadership · Director p.26 ×18
unresolved person Windiartono p.26
unresolved person EGMS · President Director p.27 ×4
unresolved person AGMS · Director p.27 ×3
unresolved person Mario · Director p.27 ×4
unresolved org PT Bank BNP Paribas Indonesia p.27
unresolved org PT Bank ICBC Indonesia p.27
unresolved org Bank Al Mansour p.28
unresolved org PT Swadarma Sarana Informatika p.29 ×2
unresolved org PT NISP Asset Management p.29
unresolved person Anas p.29
unresolved — Domicile · : p.30 ×2
unresolved — AGMS on 26 · 2024-2027 p.30
unresolved person Adi Putra p.30
unresolved person Claudia p.30
unresolved — Age · : p.30
unresolved — Joined QNB · : p.30
unresolved — Latest Education · : p.30
unresolved person Ibnu Gutomo p.31
unresolved person Alfiana p.31
unresolved person Elvie p.31
unresolved person Andreea p.31
unresolved person Estrelita Policies p.31
unresolved person Dennis p.31
unresolved person Grace Luzar p.32
unresolved person Inggrid p.32
unresolved person Joanna Effendi p.32
unresolved person Goeroeh p.32
unresolved person Irwan p.32
unresolved person Karina p.32
unresolved person Indah p.32
unresolved person Novia p.33
unresolved person Putu p.33
unresolved person Tifany p.33
unresolved person Moh Emirza p.33
unresolved person Riansa p.33
unresolved person Vitriana Ihsan p.33
unresolved org Bank External p.37
unresolved org Yayasan Inhouse p.39
unresolved person E-Learning · Corporate Secretary p.40
unresolved org Purwanto Susanti p.42 ×2
unresolved person Committee · Member p.43
unresolved org PT Adimitra Jasa Korpora p.43
unresolved org PT Kustodian Sentral Efek Indonesia p.43
unresolved person H. R. Rasuna Said p.43
unresolved org Bank Indonesia’s Annual Meeting Book p.45
unresolved org Bank Indonesia’s p.45 ×2
unresolved org Bank Indonesia’s Projections p.45
unresolved org Young Global Limited p.146
unresolved org Menteri Hukum dan Hak Asasi Manusia p.155
unresolved org Menteri Hukum dan Hak Asasi p.155
unresolved org Bank Group. Qatar p.155
unresolved org Pengawas Pasar Modal p.155
unresolved org Bapepam p.155 ×4
unresolved org Ministry of Law p.155
unresolved org Kementerian Hukum dan Hak Asasi p.155
unresolved org Minister of Laws and Human Rights p.155
unresolved org Menteri Keuangan Republik p.155
unresolved person Tjetjep Hasmitha · Anggota p.157
unresolved person Committee Fathiah Helmi p.157
unresolved person Khalid Ahmed KH A Al-Sada · Anggota p.157 ×2
unresolved org Kementerian p.157
unresolved person Carina Hastari Tanubrata · Anggota p.157
unresolved org Minister of Laws p.157
unresolved person Plt. Chief Auditor · President Commissioner p.157 ×2
unresolved person Kebijakan-kebijakan · Director p.157
unresolved org Pengawas p.157
unresolved org BAPEPAM-LK p.157 ×8
unresolved org Bank Indonesia Giro p.172

Extraction attempts how the parser did, and what it refused

Nothing structured was extracted from this document — the attempts below say why.

No extraction attempted yet.

↑↓ select ↵ open ⇧↵ see every result