Slides
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PT. Bank Rakyat Indonesia (PERSERO) Tbk. 1H26FINANCIAL UPDATEPRESENTATION
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2 MACRO OUTLOOK & STRATEGY UPDATE
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3 51.8 77.8 122.8 85.977.074.660.9 3. 0 23 . 0 43 . 0 63 . 0 83 . 0 10 3. 0 12 3. 0 14 3. 0 202020212022202320242025 Brent Oil 1.681.87 5.51 2.811.57 2.922.88 -1 .0 0 0. 0 0 1. 0 0 2. 0 0 3. 0 0 4. 0 0 5. 0 0 6. 0 0 7. 0 0 Headline Inflation (%) 3.753.50 5.756.006.00 4.75 5.75 3. 0 0 3. 5 0 4. 0 0 4. 5 0 5. 0 0 5. 5 0 6. 0 0 6. 5 0 BI Rate 1 3 , 0 0 0 1 4 , 0 0 0 1 5 , 0 0 0 1 6 , 0 0 0 1 7 , 0 0 0 1 8 , 0 0 0 1 9 , 0 0 0 USD/IDR 2.93 3.52 - 1 .0 0 2 .0 0 3 .0 0 4 .0 0 5 .0 0 6 .0 0 7 .0 0 4.32 5.10 - 1 .0 0 2 .0 0 3 .0 0 4 .0 0 5 .0 0 6 .0 0 7 .0 0 -12.8 9.511.914.114.510.411.3 -24.5 -1.35.85.64.43.12.8 -3 2 . 0 -2 2 . 0 -1 2 . 0 -2 .0 8. 0 18 . 0 2020202120222023202420251H26 Wh olesale Business Activity Index MA (4)MS ME Business Activity Index MA (4) 55.1%54.2%54.0%54.0%54.0%53.6%54.4%53.3%8.2%8.2%7.4%7.3%7.4%10.0%6.7%7.6%31.9%31.9%31.5%31.1%31.0%30.0%28.3%29.4%3.7%3.2%3.7%4.2%4.0%1.7%0.9%-0.9% 0% 10 % 20 % 30 % 40 % 50 % 60 % 70 % 80 % 90 % 10 0% 2020202120222023202420251Q261H26 Resilient Domestic Demand and Contained Inflation Keep Indonesia's Growth Above 5%, With Government Programs Providing an Emerging Support Data source: Bloomberg Terminal, BPS, OCE BRI YoY GDP growth (in %) OthersNet ExportInvestmentGov’t SpendingHousehold Cons. Growth has held above 5%, anchored by resilient household consumption.. .. inflation is contained within BI target, while Rupiah has begun to stabilize.. ..with 2Q26 consumption broadened as lower-middle income spending recovers.. ..MSME business activity moderated, reflecting typical seasonal normalization 6.77 6.47 - 1 .0 0 2 .0 0 3 .0 0 4 .0 0 5 .0 0 6 .0 0 7 .0 0 8 .0 0 6.45 5.71 - 1 .0 0 2 .0 0 3 .0 0 4 .0 0 5 .0 0 6 .0 0 7 .0 0 8 .0 0 4.16 5.27 - 1 .0 0 2 .0 0 3 .0 0 4 .0 0 5 .0 0 6 .0 0 7 .0 0 4.18 4.25 - 1 .0 0 2 .0 0 3 .0 0 4 .0 0 5 .0 0 6 .0 0 7 .0 0 1H251H261H251H261H251H26 1H251H261H251H261H251H26 Transportation & CommunicationFood & BeverageClothing FurnishingHealth & EducationRestaurant & Hotel YoY consumption growth (in %) typically consumed by the lower-income segment 5.035.015.045.025.395.615.294. 8 5 5. 2 5. 4 5. 6 5. 8 6 -2.17-2 .2 -1 .2 -0 .2 0. 8 1. 8 2. 8 3. 8 4. 8 5. 8 6. 8 14,05014,26315,573 15,39916,132 16,68018,02218,188 Jul-26 90.1
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4 The Coordinated Fiscal and Monetary Policies Designed to Preserve Stability While Sustaining Economic Growth Macro OutlookGDP 5.6-6.0%2026 Inflation 2.4-2.9%2026 Deficit 2.85%2026 GDP 5.8-6.5%2026 Inflation 1.5-3.5%2026 Deficit 2.40%2027 Global Uncertainty Trade & Geopolitics Global Rates Commodity Moves FX and Markets External demand & supply-chain uncertainty Funding costs & capital flow volatility Terms-of-trade and inflation pressures IDR and financial market volatility GovernmentProtects purchasing power & sustains growthBank IndonesiaPreserves stability & support liquidity Targeted fiscal supportProtect purchasing power through stable subsidized fuel prices and targeted social programs, while maintaining fiscal deficit below 3% of GDP. Maintained BI rateLeverage broader policy toolkits to manage Rupiah stability beyond BI rate.Accelerate priority spendingReallocate resources toward priority programs and higher-impact spending. Optimized SRBI yieldAttract foreign inflows and support Rupiah stability, while limiting SRBI distribution to maintain domestic deposit liquidity.B50 and DownstreamingB50 implementation supports CPO absorption and energy self-sufficiency, while downstreaming drives domestic investment. FX policy adjustmentsBroaden hedging swap incentives to foreign borrowings and FDI. Attract global capitalEstablish a PFII (Indonesia International Financial Center) to support investment and strengthen Indonesia’s financial ecosystem. Higher Incentives for Reserve RequirementSupport banking-system liquidity and accelerate loan growth.
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5 25.7%25.7%27.7%26.7%25.9%25.1%23.7%24.6%25.5%27.3%26.6% 23.5%22.9%21.5%20 . 0% 21 . 0% 22 . 0% 23 . 0% 24 . 0% 25 . 0% 26 . 0% 27 . 0% 28 . 0% 29 . 0% 202120222023202420251Q261H26 1.9%2.5%2.8%2.7%2.5%2.5%2.5%1.9% 3.0%3.3%3.0%2.7%2.8%2.7% 1. 0 % 1. 5 % 2. 0 % 2. 5 % 3. 0 % 3. 5 % 202120222023202420251Q261H26 19.5%14.1%10.9%9.3%8.8%8.9%8.5% 23.3%16.5%12.5%10.7%9.6%9.7%9.1% 202120222023202420251Q261H26 4.5%4.7%4.8%4.6%4.6%4.4%4.3% 7.5%7.9%8.0%7.9%7.8%7.9%7.7% 202120222023202420251Q261H26 18.5% 12.8%3.3%5.1%13.5%14.7%11.0% 7.4% 21.5% 0.2%5.1%12.7%13.2%10.1% 202120222023202420251Q261H26 BRI Outgrows the Industry on Loans While Defending Structurally Higher Margins and Profitability Data source: SPI OJK and media releases Loan YoY GrowthDeposit YoY GrowthCASA YoY GrowthLDR NIM LAR ROA CAR IndustryBRI (Consolidated) 5.2% 11.4% 10.4%10.4%9.6%9.5%12.7% 2.2% 9.2% 11.2% 7.0% 12.3%13.7%16.2% 202120222023202420251Q261H26 12.2% 9.0%3.7%4.5% 13.8%13.6%10.2% 1.6% 14.9% 3.9%0.5% 7.4% 9.4%6.7% 202120222023202420251Q261H26 77.1%78.8%83.8%88.6%85.4%84.6%88.3% 88.5% 78.8%84.2%88.9%91.4%87.2%90.8% 202120222023202420251Q261H26
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Continuing Execution of Strategic Transformation Across Funding, Core Engine, and New Growth Areas Build world-class foundations 6 Shift to healthier and sustainable growth Transform the Funding FranchiseRevamp Existing Core, Build New Core Human CapitalBuild workforce and talent pipelines aligned to strategic priorities RiskEmbed risk accountability and enable earlier portfolio interventions DistributionAlign branches and agents with market and ecosystem potential OperationsCentralize retail credit processing and streamline operations RebrandingRefresh brand propositions as one bank serving all segments Strengthen Low-Cost FundingImprove Transaction Banking CapabilityAccelerating New CoreRevamping Micro Business IT & DigitalImprove IT capacity and embed data and AI into business decisions •Accelerate merchant primary account acquisition via digital onboarding •Deepen priority clusters through CASA while growing low-cost funding and customer stickiness. •Retail: Grow EDC and QRIS via clusters and enhance BRImo.•SME & Wholesale: Build One BRI Solution across transaction banking and supply chain. •Improve underwriting and collections standards to lift portfolio quality.•Drive loan officer productivity through better screening and streamlined processes. •Expand Consumer acquisition through payrolls and ecosystems, enabled by loan factory.•Build Corporate and Commercial value chains and grow the gold business across BRI networks.
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Executing Across The Key Strategic Initiatives to Build a Stronger and More Resilient Franchise 7 Projects DoneOngoing Initiatives Micro FundingFranchise Consumer&Gold BusinessCorporate& Commercial Strengthen Low-Cost Funding & Improve Transaction Banking Capability Accelerating New Core Driving Tactical Growth Revamping Micro BusinessAccelerate merchant primary account acquisition through digital onboarding within ~10 minutes.Deepen priority clusters through CASA, payments, and cross-sell, growing low-cost funding and customer stickiness.Grow EDC and QRIS through cluster acquisition and BRImo enhancements.Leverage Priority Banking and Board-level relationships to deepen Corporate and Commercial clients’ ecosystem Sales Volume/Merchant: Rp 405.8mn (+178bps YoY)Nominal CASA: Rp1,608tn (+10.1% YoY) CoF: 2.4% (-69bps YoY)BRImo’s FBI: Rp2.0tn (+17.8% YoY)BRILink’s FBI: Rp915.7bn (+15.3% YoY) Acquire high-quality Corporate & Commercial payroll customers through group synergies. Expand E2E gold bullion services through partnerships, CRM-led sales, and B2B corporate growth. Target prime auto-loan customers and tier-1 mortgage developers. Deepen regional Wealth Management through tailored privileges. Auto Loan: Rp1.3tn (+404.3% YoY) Mortgage: Rp69.9tn (+12.0% YoY) FUM: Rp235tn (+3.2% YoY)Net Gold Sales1: Rp2.1tn (+145% YoY) Pawn & Gold Installment: Rp145tn (+62.3% YoY) E2E ecosystem financing covers 171 private-sector value chains under EPA and CPA frameworks. Drive One BRI Solution across segments through transaction banking, payroll, and CASA. Commercial:Loan ecosystem Rp72.2tn (+58.1% YoY) Commercial:Ecosystem’s DepositRp30.0tn (+127.2% YoY) Improve front-end controls through mandatory on-site visits, granular pre-screening, and Risk Acceptance Criteria. Implement Stop-and-Go mechanism, Risk Threshold Trigger-and-Act, and LOS-based pre-screening to improve credit decisions. Deploy 3,800 Field Collection staff to accelerate recovery and develop collection scoring to improve effectiveness. Net DG to SML:-Rp3.8tn (-177.9% YoY) NPL Formation:5.9% 4.5% (-145bps YoY) Micro Growth:0.68% QoQ Micro CoC: 4.6% 3.8% (-65bps YoY) Micro Collection:Rp 2.1tn (+40.3% YoY) Corporate:Current Account Rp449.6tn (+8.5% YoY) Corporate:Qlola TransactionRp558.4tn (+59.5% YoY) *Data is presented in Bank Only1Revenue from gold sold - net Affluent ( >Rp 5Bn) Savings: Rp 70.5tn (+90% YoY) Fee from Investment: Rp136bn (+49.5% YoY) Payroll Savings Account: Rp82.9tn (+10.3% YoY)
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8 220.6 349.8 346.1 374.6 448.2 414.5 449.6 497.7 522.6 527.9 544.4 587.6 556.5 619.1 420.5 435.5 484.3 446.5 431.1 511.2 512.0 1,138.7 1,307.9 1,358.3 1,365.5 1,466.8 1,482.1 1,580.7 63.1% 66.7% 64.3% 67.3% 70.6% 65.5% 67.6% 30 . 0% 40 . 0% 50 . 0% 60 . 0% 70 . 0% 80 . 0% 90 . 0% - 2 0 0 .0 4 0 0 .0 6 0 0 .0 8 0 0 .0 1 ,0 0 0 . 0 1 ,2 0 0 . 0 1 ,4 0 0 . 0 1 ,6 0 0 . 0 1 ,8 0 0 . 0 202120222023202420251H251H26Demand DepositSavingsTime DepositCASA 143.2 257.3 257.4 275.0 333.3 316.8 326.4 215.8 206.7 233.7 192.9 192.3 237.7 281.3 359.0 464.0 491.1 467.9 525.6 554.5 607.8 - 1 0 0 .0 2 0 0 .0 3 0 0 .0 4 0 0 .0 5 0 0 .0 6 0 0 .0 7 0 0 .0 202120222023202420251H251H26 Demand DepositTime Deposit 76.2 92.2 89.4 101.0 116.9 98.8 124.5 496.2 522.5 527.7 542.5 584.9 554.4 616.4 198.1 223.5 245.9 249.0 232.7 268.3 226.0 770.4 838.2 862.9 892.5 934.5 921.5 966.8 - 1 0 0 .0 2 0 0 .0 3 0 0 .0 4 0 0 .0 5 0 0 .0 6 0 0 .0 7 0 0 .0 8 0 0 .0 9 0 0 .0 202120222023202420251H251H26 Deman d Depos itSav ingsTim e Deposit Deposit Growth (Consolidated) Deposit Products Wholesale vs Non-Wholesale* (Rp Tn) *Data is presented in Bank Only Total Deposits 1H26: Rp1,574.6 Tn Wholesale 3.1% 18.3%9.6% Non-wholesale 11.2% -15.8%4.9% Growth YoY(Rp Tn) 8.5%YoY 11.3%YoY 0.2%YoY Total Deposit: 6.7% YoYCASA: 10.1% YoYCASA Non-Wholesale : 13.4% YoYCASA Wholesale : 3.1% YoY Growth YoY 26.0% Retail CASA Continues to Gain Traction, With Overall Movement Reflecting Seasonality
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9 49.4%52.3%51.8%49.2%44.9%47.4%43.4% 14.4%14.7%15.0%15.4%15.0%15.4%14.4% 17.4%15.3%14.7%14.5%13.5%14.4%12.9% 2.7%2.4%2.9%2.9%4.0%3.2%4.4% 16.1%15.3%15.6%18.0%22.5%19.7%24.9% 0. 0 % 10 . 0% 20 . 0% 30 . 0% 40 . 0% 50 . 0% 60 . 0% 70 . 0% 80 . 0% 90 . 0% 10 0. 0 % 202120222023202420251H251H26 514.8 595.9 656.2 666.2 683.0 670.9 714.1 150.4 167.6 190.0 209.1 228.8 217.5 236.9 181.6 174.0 186.2 196.0 206.1 203.8 212.2 27.8 27.8 36.3 39.1 61.1 45.7 72.2 168.3 173.8 197.7 244.3 342.5 278.8 410.1 1,042.9 1,139.1 1,266.4 1,354.6 1,521.5 1,416.6 1,645.5 - 2 0 0 . 0 4 0 0 . 0 6 0 0 . 0 8 0 0 . 0 1 , 0 0 0 . 0 1 , 2 0 0 . 0 1 , 4 0 0 . 0 1 , 6 0 0 . 0 1 , 8 0 0 . 0 - 2 0 0 . 0 4 0 0 . 0 6 0 0 . 0 8 0 0 . 0 1 , 0 0 0 . 0 1 , 2 0 0 . 0 1 , 4 0 0 . 0 1 , 6 0 0 . 0 1 , 8 0 0 . 0 202120222023202420251H251H26 Recently, Bank Raya shifted portion of its Small Segment loans to Micro Segment amounting to Rp1 tn. Additionally, since Jan 2026, We have reclassified KUR Small into Micro Segment. All figures from 2021 have been adjusted to reflect this re-segmentation. Loan Outstanding – by business segment(Rp Tn)Composition – by business segment (%) 6.4YoY Growth ( % )8.9 58.147.116.2(Rp Tn)43.219.526.6131.3228.9MicroConsumerCommercialCorporateTotal Selective Corporate and Commercial Expansion Strengthened Value Chain Relationships While Micro Remained the Core SME4.18.4
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10 1,866 1,965 1,992 2,135 2,106 2,352 20222023202420251H251H26 91.3 106.5 116.4 119.4 58.3 65.7 20222023202420251H251H26 51.4 60.4 60.3 57.1 26.5 31.2 20222023202420251H251H26 124.6 135.2 142.7 150.5 73.3 80.5 20222023202420251H251H26 1,139 1,266 1,355 1,521 1,417 1,646 20222023202420251H251H26 1,308 1,358 1,365 1,467 1,482 1,581 20222023202420251H251H26 Asset (Rp Tn)Deposit (Rp Tn)Loan & Financing (Rp Tn) Net Interest Income (Rp Tn)Net Profit (Rp Tn) Consolidated Number PPOP (Rp Tn) Portfolio Growth and Higher NII Translated Into 12.8% YoY PPOP Growth and 17.5% YoY Net Profit Growth +11.7% +6.7% +16.2% +9.9% +12.8% +17.5%
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11 16.5%12.5%10.7%9.6%10.8%9.1% 20222023202420251H251H26 17.6%19.8%18.9%17.4%16.6%18.8% 7. 0 % 9. 0 % 11 . 0% 13 . 0% 15 . 0% 17 . 0% 19 . 0% 21 . 0% 20222023202420251H251H26 2.5%2.4%3.2%3.3%3.4%3.1% 20222023202420251H251H26 3.0%3.3%3.0%2.7%2.6%2.7% 20222023202420251H251H26 7.9%8.0%7.9%7.8%7.7%7.9%7.8%7.7% 7. 0 % 7. 2 % 7. 4 % 7. 6 % 7. 8 % 8. 0 % 8. 2 % 20222023202420251Q251Q261H251H26 1.5%2.5%3.2%2.9%3.0%2.4% 20222023202420251H251H26 Limited NIM Pressure Was Offset by Lower CoF and Improving Asset Quality, Supporting Higher ROA and ROE NIM CoF* CoC LAR ROA ROE Consolidated Number -5bps -0.7% -0.3% -1.7% +0.2% +2.2% *) CoF is presented in Bank Only
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12 FINANCIAL PERFORMANCE
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13 Key Metrics Growth YoY +15.6%+30.6% Higher Customer Engagement Across Our Retail Ecosystem is Driving Higher Transaction Activity and Creating More Opportunities to Capture Floating CASA 19.3 22.4 ( 2 . 0 ) 3 . 0 8 . 0 1 3 . 0 1 8 . 0 2 3 . 0 1H251H26 Merchant Sales Volume/ Store(Rp Mn)# Transactions(in Bn) +86.0%+53.8% 313.7 583.4 - 1 0 0 .0 2 0 0 .0 3 0 0 .0 4 0 0 .0 5 0 0 .0 6 0 0 .0 7 0 0 .0 1H251H26 BRILink Agents Sales Volume/ Merchant(Rp Mn) Value proposition for BRI Merchant Fast, Free OnboardingAll-in-One Payment DeviceReal Time and Secure Settlement Smart Tools for Growth Backed by BRI ecosystem 12345 337.5 557.3 707.8 344.4 405.8 - 1 0 0 . 0 2 0 0 . 0 3 0 0 . 0 4 0 0 . 0 5 0 0 . 0 6 0 0 . 0 7 0 0 . 0 2023202420251H251H26 Transaction FrequencyProductive Merchant(in millions)(in thousands) +17.8% +20.5%+20.1%307.8370.8 1H251H26 104.0124.9 1H251H26 787.6 915.7 7 0 0 .0 7 5 0 .0 8 0 0 .0 8 5 0 .0 9 0 0 .0 9 5 0 .0 1H251H26 Fee Income(Rp Bn) 23.8 30.7 - 5 .0 1 0 .0 1 5 .0 2 0 .0 2 5 .0 3 0 .0 3 5 .0 1H251H26 CASA(Rp Tn)+28.6% +16.3% 2.5 3.3 1 . 7 2 . 2 2 . 7 3 . 2 3 . 7 4 . 2 1H251H26 8.7 13.4 - 2 .0 4 .0 6 .0 8 .0 1 0 . 0 1 2 . 0 1 4 . 0 1 6 . 0 1H251H26 # Monthly Active Users(in Mn)# Transactions(in Bn)
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14 1,702.2 2,005.9 1 , 0 0 0 .0 1 , 2 0 0 .0 1 , 4 0 0 .0 1 , 6 0 0 .0 1 , 8 0 0 .0 2 , 0 0 0 .0 2 , 2 0 0 .0 6,201.8 6,573.7 7,076.9 7,541.1 8,009.2 4,842.7 5,177.3 5,619.9 6,008.0 6,399.0 4 , 0 0 0 . 0 4 , 5 0 0 . 0 5 , 0 0 0 . 0 5 , 5 0 0 . 0 6 , 0 0 0 . 0 6 , 5 0 0 . 0 7 , 0 0 0 . 0 7 , 5 0 0 . 0 8 , 0 0 0 . 0 Jun' 25Sep'25FY25Ma r'26Jun' 26 Tr x Value trailing 4-quartersTr x Freq. tr ailing 4-quarters BRImo: The Digital Engine Behind Our Growing Ecosystem Customer Franchise Serving Indonesia’s financial transaction needs since 2019.. ..with total users growing 16.8x since Dec 2019 42.7 49.7 2 5 .0 3 0 .0 3 5 .0 4 0 .0 4 5 .0 5 0 .0 5 5 .0 6 0 .0 1H251H26 YoY growth (in millions):+16.5% Incorporating 8 points of customer needs into one applicationBranchlessOnline OnboardingFinancial Superstore Subsidiary Integration Customer Engagement Investment Lifestyle Ecosystem Digital Lending •Virtual Debit & Credit Card•Complaint-in-Apps Feature and Toll-free Services •Mutual Fund•Government Bond•Gold Savings•Gold Investment•Customer Fund Account (RDN) •Loan on App Credit Card •Debit Card Activation•Open Savings Account•Cardless Deposit & Withdrawal Money•Multi-Currency Card•QR Cross-Border (Singapore)•Scheduled loan payment •Anti Social-Engineering Call•BRImo Widget•Chat Banking Service (Sabrina) •Ship Ticket Sales•Travel Flight, Groceries, and Logistics•Tax Payments •BRILife Insurance•Gold Business Pegadaian•BRIGHTS (BRI Ventures) •QRIS tap-in/out•Sport Court Booking•Online Pharmacy Purchase•International Money Transfer •Post-paid Phone Credit Purchase•Event Ticket Sales BRImo’s Transaction Value (in Rp tn) & Frequency (in millions) Fee Income Generated From BRImo (Rp bn) Gold Business Performance on BRImo (YoY 29.1%)(YoY 32.1%) Gold Savings’Trx Frequency Since Dec’2410.6x6.58mn (1H26) Gold Installments’Trx Frequency Since Dec’253.4x46.4k (1H26) 1H251H26 +17.8%
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15 1.03%2.04%1.86%2.80% 4.74%5.40%5.93%4.48% 0. 0 0% 1. 0 0% 2. 0 0% 3. 0 0% 4. 0 0% 5. 0 0% 6. 0 0% 7. 0 0% 2020202120222023202420251H251H26 4.89%4.64%4.39%4.63%4.44%3.79%4.89%4.39%3.87% 5.38%4.44% 3.14%2. 0 0% 2. 5 0% 3. 0 0% 3. 5 0% 4. 0 0% 4. 5 0% 5. 0 0% 5. 5 0% 6. 0 0% 1Q251H259M25FY251Q261H26 HistoricalQuarterly 31.0 27.1 25.2 22.1 15.0 15.6 42.2 41.6 45.0 47.9 52.4 60.3 4.3 4.7 5.6 5.6 3.9 4.9 77.6 73.5 75.8 75.6 71.4 80.8 - 1 0 . 0 2 0 . 0 3 0 . 0 4 0 . 0 5 0 . 0 6 0 . 0 7 0 . 0 8 0 . 0 9 0 . 0 1Q252Q253Q254Q251Q262Q26 KupedesKURBriguna 0. 0 0% 0. 0 5% 0. 1 0% 0. 1 5% 0. 2 0% 0. 2 5% 0. 3 0% 0. 3 5% 0. 4 0% 0. 4 5% 0MOB1MOB2MOB3MOB4MOB5MOB6MOB7MOB8MOB9MOB10MOB11MOB12MOB 2026 For Micro Business, We Have Started to See Signs of Inflection With Improving Loan Quality and Sequential Growth Net DG Micro (Bank Only) to NPL (in % of average loan)Vintages Analysis Micro Loan (Bank Only) SML DG - 0 MOB to 12 MOB Micro Loans Disbursement (Bank Only)Micro Cost of Credit (Bank Only) 0.00%0.21%0.51%1.05%1.86%2.81%4.58%5.83%7.05%8.35%9.46%10.60%12.35% 3.82%4.71%5.76%6.66%7.53%9.28% 2.04%2.76%3.57%4.57%5.45%6.37%8.06% 0.00%0.02%0.04%0.10%0.23%0.41%0. 0 0% 2. 0 0% 4. 0 0% 6. 0 0% 8. 0 0% 10 . 00% 12 . 00% 14 . 00% 2023202420252026
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16 76,325 83,791 89,328 103,711 125,233 83,791 132,141 3,922 5,567 6,336 11,431 14,468 5,567 12,890 1Q251H253Q254Q251Q261H251H26 Pawn Lending (Excl. Gold Installment)Gold Installment 12.0 13.7 14.2 17.1 19.9 13.7 20.2 3.5 3.8 4.1 4.7 5.7 3.8 6.1 - 5 . 0 1 0 . 0 1 5 . 0 2 0 . 0 2 5 . 0 1Q251H259M2520251Q261H251H26 Gold Savings (tonnes)Active Customer (mn) 242.1 234.1 227.6 235.0 1 7 0 . 0 1 8 0 . 0 1 9 0 . 0 2 0 0 . 0 2 1 0 . 0 2 2 0 . 0 2 3 0 . 0 2 4 0 . 0 2 5 0 . 0 20251Q261H251H26 Funding Under Management675.8 162.8 362.7 361.9 - 1 0 0 . 0 2 0 0 . 0 3 0 0 . 0 4 0 0 . 0 5 0 0 . 0 6 0 0 . 0 7 0 0 . 0 Fee Income 0.6 0.8 0.2 1.3 - 0 . 2 0 . 4 0 . 6 0 . 8 1 . 0 1 . 2 1 . 4 20251Q261H251H26 Auto Loan 149.1151.6141.0154.466.3 67.3 62.4 69.9 - 5 0 . 0 1 0 0 . 0 1 5 0 . 0 2 0 0 . 0 2 5 0 . 0 Payroll LoanMo rtgage +22.3% Consumer Loan Breakdown (Bank Only, Rp Tn) While Gold Businesses Continued to Deliver Strong Growth, Consumer Lending Shifted Toward Healthier and More Sustainable Expansion Pawn & Gold Installment Loan OS (Rp Tn)Gold Savings OS & Number of Customers Funding Under Management* (Rp Tn) & Fee Income from WM (Rp Bn) 12.0%9.5% g YoY 404.3% % to Total Loan (Bank Only) 0.09% 4.87% 10.75% g QoQg YoY1H26 0.03% -0.08% -0.42% 0.07% -0.08% -0.42% g YoY +3.2% -0.2%g QoQ +0.4% *We have reclassified our priority customer criteria in 2025, raising the minimum threshold from Rp500mn to Rp1 billion. 224.8227.8212.4233.710.0%Total Consumer Loans, Bank Only: g YoY +131.5% +57.7% +62.3% 80,24789,35895,664115,142139,70189,358 145,031g YoY+47.4% +59.9%
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17 Selective Corporate and Commercial Expansion to Unlock Ecosystem, Funding and Fee-Based Value All numbers are presented in Bank Only Qlola By Sector (1H26)Corporate By Type of Use 18.3%10.9%Agribusiness 10.6%Mining 17.7%Industry Manufacturing11.8%Electricity, Gas & Water19.3%Construction 11.3%Trading, Hotel & Restaurant Others By Type of Use 42.6%41.9% 57.4%58.1% 1H251H26InvestmentWorking Capital 72.1%70.4% 27.9%29.6% 1H251H26InvestmentWorking Capital Commercial Qlola E2E solutions Empowers corporates with digital collection solutions Optimizes idle fund utilization through liquidity managementEnables high-volume transactions with comprehensive payment solutionsImproves cash flow flexibility and advances trade finance capabilities Fee Income (Rp Bn) #Transactions (in millions) Qlola 1H26 Performance +22.3% +59.5% DistributorsCompanies Clients Suppliers Qlola’s Value PropositionLoan & Ecosystem Deposit Loan (in Rp tn)Ecosystem Deposit (in Rp tn) g YoY +127.2% +58.1% 1H251H2613.2 30.0 - 5 .0 1 0 . 0 1 5 . 0 2 0 . 0 2 5 . 0 3 0 . 0 Trading,Hotel &Restaurant 45.7 72.2 - 1 0 . 0 2 0 . 0 3 0 . 0 4 0 . 0 5 0 . 0 6 0 . 0 7 0 . 0 8 0 . 0 101.8124.5 1H251H26 350.0558.4 1H251H26
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18 Items1H261Q261H25g QoQg YoY202520242023Cash and Cash Equivalent115,303 100,874 90,797 14.3%27.0%63,974 118,663 133,513 Total Earning Assets:2,185,691 2,101,726 1,972,929 4.0%10.8%2,029,077 1,841,405 1,791,006 - Placement with BI & Other Banks78,092 81,543 123,075 -4.2%-36.5%63,502 83,457 87,557 - Receivables (Acceptance & Others)57,751 54,927 72,404 5.1%-20.2%62,498 51,849 65,024 - Loans & Financing1,645,533 1,562,451 1,416,619 5.3%16.2%1,521,486 1,354,641 1,266,429 - Gov't Bonds & Marketable Securities395,577 393,830 352,452 0.4%12.2%372,757 343,381 364,687 - Other Earning Assets8,738 8,974 8,378 -2.6%4.3%8,835 8,077 7,308 Earning Asset Provision:(87,159)(84,664)(82,631)2.9%5.5%(83,660)(82,529)(88,172)- Loans and Financing Provisions(85,920)(84,250)(81,357)2.0%5.6%(83,059)(81,064)(85,502)- Other Provisions(1,239)(414)(1,274)199.2%-2.8%(601)(1,465)(2,670)Fixed & Non-Earning Assets138,546 131,898 125,277 5.0%10.6%125,979 114,647 128,660 Total Assets2,352,381 2,249,834 2,106,371 4.6%11.7%2,135,371 1,992,187 1,965,007 Third Party Funds :1,580,682 1,555,124 1,482,120 1.6%6.7%1,466,844 1,365,450 1,358,329 - CASA 1,068,666 1,058,619 970,946 0.9%10.1%1,035,790 918,981 874,070 Current Account449,566 452,866 414,483 -0.7%8.5%448,204 374,554 346,124 Savings Account619,100 605,752 556,463 2.2%11.3%587,586 544,427 527,946 - Time Deposits512,016 496,506 511,174 3.1%0.2%431,054 446,469 484,259 Other Interest-Bearing Liabilities336,964 250,991 205,823 34.3%63.7%216,109 200,597 180,023 Non-Interest-Bearing Liabilities106,060 98,656 96,356 7.5%10.1%121,477 102,825 110,183 Total Liabilities2,023,706 1,904,772 1,784,299 6.2%13.4%1,804,430 1,668,872 1,648,535 Tier 1 Capital298,949 315,752 290,374 -5.3%3.0%301,847 291,317 283,949 Total Equity328,675 345,062 322,072 -4.7%2.1%330,941 323,315 316,472 Total Liabilities & Equity2,352,381 2,249,834 2,106,371 4.6%11.7%2,135,371 1,992,187 1,965,007 (Rp Bn) Robust Loan Expansions Was Supported by Healthy 10.1% YoY CASA Growth While Maintaining Funding Mix Management *) We restated the 2023, 2024 and 1Q25 balance sheet to reflect the implementation of the new accounting standard for insurance companies as stipulated in PSAK117 (IFRS 17)
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19 (Rp Bn) Strong NII Growth and Stable Non-Interest Income Continued to Drive Operating Profit, While Lower Loan Provision Growth Supported 17.5% YoY Net Profit Growth *) We restated the 2024 and 1Q25 income statement to reflect the implementation of the new accounting standard for insurance companies as stipulated in PSAK117 (IFRS 17) Items2Q261Q262Q25g QoQg YoY1H261H25g YoYInterest Income55,085 52,838 52,506 4.3%4.9%107,923 102,376 5.4%Interest Expense(14,710)(12,683)(15,115)16.0%-2.7%(27,393)(29,102)-5.9%Net Interest Income40,375 40,155 37,390 0.5%8.0%80,530 73,275 9.9%Net Premium Income and Insurance Services368 280 58 31.3%531.8%649 437 48.4%Other Operating Income (Non-Interest) - incld. Gold13,036 13,883 13,105 -6.1%-0.5%26,919 26,667 0.9%Total Operating Expenses(20,251)(22,135)(22,169)-8.5%-8.7%(42,387)(42,100)0.7%Personnel Expenses(9,898)(11,693)(11,057)-15.4%-10.5%(21,590)(21,735)-0.7%G&A Expenses(8,039)(7,911)(7,593)1.6%5.9%(15,951)(14,739)8.2%Others Expenses(2,314)(2,531)(3,519)-8.6%-34.2%(4,846)(5,626)-13.9%Pre-Provision Operating Profit33,528 32,183 28,384 4.2%18.1%65,711 58,278 12.8%Provision Expenses(13,408)(12,123)(10,998)10.6%21.9%(25,532)(23,273)9.7%Loan - Provision Exp(11,975)(12,429)(11,548)-3.7%3.7%(24,404)(23,560)3.6%Non-Loan - Provision Exp(1,433)306 550 -569.1%-360.8%(1,128)287 -492.7%Profit From Operations20,120 20,060 17,386 0.3%15.7%40,180 35,005 14.8%Non-Operating Income(104)(74)(22)40.5%370.0%(179)(261)-31.5%Net Income Before Tax20,016 19,986 17,363 0.1%15.3%40,001 34,744 15.1%Net Profit 15,549 15,634 12,791 -0.5%21.6%31,183 26,533 17.5%Profit After Tax & Minority Interest (PATMI)15,373 15,493 12,655 -0.8%21.5%30,865 26,277 17.5%
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20 31.1 28.1 35.1 34.8 39.5 40.4 1 0 .0 1 5 .0 2 0 .0 2 5 .0 3 0 .0 3 5 .0 4 0 .0 202120222023202420251H26Quarter NII - Consol (IDR Tn) 26.1 21.6 27.8 26.6 29.1 29.8 1 0 .0 1 5 .0 2 0 .0 2 5 .0 3 0 .0 3 5 .0 4 0 .0 Quarter NII - Bank Only (IDR Tn) 94.7%89.3%91.1%92.4%95.0%93.4%92.9%65.6%68.4%70.7%73.6%75.0%74.3%75.3% 0. 0% 10. 0% 20. 0% 30. 0% 40. 0% 50. 0% 60. 0% 70. 0% 80. 0% 90. 0% 100. 0% 202120222023202420251Q261H26% EA to Total Asset% Loan & Financing to Total EA 12.5%12.3%13.1%13.1%12.9%12.2% 9.6%9.7%10.9%11.0%10.8%10.3% 1.7%1.5%2.5%3.2%2.9%2.4% 0. 0 % 2. 0 % 4. 0 % 6. 0 % 8. 0 % 10 . 0% 12 . 0% 14 . 0% 16 . 0% 202120222023202420251H26Loan YieldEarning Asset YieldCost of Third Party Fund 7.5%7.9%8.0%7.9%7.8%7.7% 6.9%6.8%6.8%6.8%6.5%6.4% 5. 0 % 5. 5 % 6. 0 % 6. 5 % 7. 0 % 7. 5 % 8. 0 % 4. 0 % 4. 5 % 5. 0 % 5. 5 % 6. 0 % 6. 5 % 7. 0 % 7. 5 % 8. 0 % 8. 5 % 9. 0 % NIM - Consol.NIM - Bank Only NIM – Bank Only vs ConsolidatedLending Yield, EA Yield, and CoF 20212022202320242025 * Starting Jan-25, we have been using a new methodology to calculate NIM, based on the monthly average Earning Assets excluding Investment, Derivative Receivables, and Acceptance Receivables that do not generate interest income. All historical data reflects this change Lower Funding Costs Help Cushion Yield Pressure, Supporting NIM Stability Amid Macroeconomics Uncertainty 1H26 Cost of Fund EA to Total Asset and Loan to Total EA 1H26
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21 Items2Q261Q262Q25g QoQg YoY1H261H25gYoYSalaries and Employee Benefits 9,898 11,693 11,057 -15.4%-10.5%21,590 21,735 -0.7%General and Administrative 8,039 7,911 7,593 1.6%5.9%15,951 14,739 8.2%Others 2,314 2,531 3,496 -8.6%-33.8%4,846 5,626 -13.9%Total Operating Expense 20,251 22,135 22,146 -8.5%-8.6%42,387 42,100 0.7% Items2Q261Q262Q25g QoQg YoY1H261H25gYoYFees and Commissions 5,510 5,507 5,194 0.1%6.1%11,017 10,393 6.0%Recovery of Written-Off Assets 5,110 4,327 5,213 18.1%-2.0%9,437 10,184 -7.3%Treasury Income: 248 1,394 1,312 -82.2%-81.1%1,641 2,558 -35.8%Gain on Sale of Securities - Net 431 813 758 -47.0%-43.1%1,244 1,240 0.3%Gain on Foreign Exchange - Net (183)581 571 -131.6%-132.1%397 1,318 -69.9%Unrealized Gain on Changes in Fair Value of Securities - - (17)- -100.0%- - - Others 1,576 1,141 940 38.1%67.6%2,717 2,672 1.7%Total Other Operating Income 12,443 12,369 12,659 0.6%-1.7%24,812 25,807 -3.9%Revenue From Gold Sold - Net 593 1,514 445 -60.8%33.1%2,106 860 145.0%Total Other Operating Income Incl. Gold 13,036 13,883 13,105 -6.1%-0.5%26,919 26,667 0.9% Stable Revenue Mix Driven By Rising Fee Income Contribution and Net Gold TradingOther Operating Income Operating Expenses (Rp Bn) (Rp Bn) *) As of 2025, insurance subsidiaries have adopted IFRS 17, replacing IFRS 421
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22 3.48%3.23%3.11%3.36%3.30%2.96%2.78% 4.15%3.98%3.91%4.12%4.14%3.94%3.60% 0. 00% 1. 00% 2. 00% 3. 00% 4. 00% 5. 00% 6. 00% 202120222023202420251Q261H26BRIConsolidated 43.3%42.0%37.7%37.9%38.9%37.9%35.5% 48.6%47.4%41.9%41.4%42.5%40.8%39.2% 25 . 0% 30 . 0% 35 . 0% 40 . 0% 45 . 0% 50 . 0% 202120222023202420251Q261H26BRIConsolidated Items2Q261Q262Q25g QoQg YoY1H261H25g YoYBank Only - Personnel Expenses6,196 7,879 7,672 -21.4%-19.2%14,076 15,287 -7.9%Bank Only - G&A Expenses5,498 5,079 5,243 8.3%4.9%10,577 10,249 3.2%Bank Only - Others Expenses2,744 1,981 3,174 38.5%-13.6%4,725 5,379 -12.2%Bank-Only Operating Expense14,438 14,939 16,090 -3.4%-10.3%29,377 30,915 -5.0%Subsidiaries - Personnel Expenses3,701 3,814 3,385 -2.9%9.3%7,515 6,448 16.5%Subsidiaries - G&A Expenses2,541 2,833 2,349 -10.3%8.2%5,374 4,490 19.7%Subsidiaries - Others Expenses(429)550 321 -178.0%-233.6%121 248 -51.1%Subsidiaries Operating Expense5,813 7,196 6,055 -19.2%-4.0%13,010 11,186 16.3%Consolidated - Personnel Expenses9,898 11,693 11,057 -15.4%-10.5%21,590 21,735 -0.7%Consolidated - G&A Expenses8,039 7,911 7,593 1.6%5.9%15,951 14,739 8.2%Consolidated - Others Expenses2,314 2,531 3,496 -8.6%-33.8%4,846 5,626 -13.9%Consolidated Operating Expense20,251 22,135 22,146 -8.5%-8.6%42,387 42,100 0.7%Cost to Income Ratio: Bank Only vs Consolidated*Cost to Asset Ratio: Bank Only vs Consolidated* (Rp Bn)CIR Remains Within Target Range, Despite Increase in Subsidiaries’ Opex Growth *As of 2025, insurance subsidiaries have adopted IFRS 17, replacing IFRS 4
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23 26.16%24.53%26.12%25.52%22.41%21.82%20.42% 27.16%25.54%27.27%26.63%23.52%22.90%21.49% 12.23%17.63%19.80%18.90%17.44%18.36%18.79% -2 5 . 0 0 % -2 0 . 0 0 % -1 5 . 0 0 % -1 0 . 0 0 % -5 . 0 0 % 0. 00% 5. 00% 10. 00% 15. 00% 20. 00% 25. 00% 5. 00% 10. 00% 15. 00% 20. 00% 25. 00% 30. 00% 35. 00% 40. 00% 202120222023202420251Q261H26Tier 1 CARTier 2 CARTotal CARROE B/S •As of Jan, ’23, as part of the implementation of Basel 3, the change on RWA of Operational & Credit Risk adds 329bps to BRI total CAR. Starting in January 2024, we implemented the Basel III calculation of RWA market risk•BRI distribute a full-year dividend of Rp346 per share on May 8, 2026 (including an interim dividend of Rp137 per share that has been paid on Jan 15, 2026)23*)In compliance with OJK regulations, our calculation of consolidated financial ratios moved to monthly from quarterly starting in Jan-24. All calculations for 2024 and 2023 are adjusted formonthlydata. 6.5Leverage (x)5.86.16.26.26.5 14.7% 9.7% CAR based on Risk Profile 2.5% Capital Surcharge on Systemic Bank 2.5% Capital Conservation BufferMINIMUM REGULATORY REQUIREMENT DPO65%DPO85%DPO85%DPO~80%DPO~86% 23 Dividend Per-Share (Rp) 346.096.5174.3288.2319.0343.4 Capital Levels Remain Manageable, Offering Flexibility for Growth and Higher Capital Returns DPO~92% 7.2-
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24 ULTRA MICRO &MICRO BUSINESS
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25 13.4 14.6 14.3 13.3 12.6 13.0 12.4 6.6 7.0 7.7 8.3 8.9 8.4 9.0 11.2 14.0 15.2 14.5 13.2 13.5 12.4 31.2 35.5 37.2 36.1 34.7 35.0 33.8 202120222023202420251H251H26 BRI MicroPegadaianPNM 427.9 494.2 496.6 530.0 505.4 517.9506.4 52.4 59.1 67.6 85.4 126.0 101.5155.134.5 42.6 47.1 50.0 50.3 50.651.4514.8 595.9 611.2 665.4 681.8 670.0 712.9 202120222023202420251H251H26 BRI MicroPegadaianPNM DescriptionBRI Pegadaian PNM9M21202120222023202420251H269M21202120222023202420251H269M21202120222023202420251H26CoIBL2.1%2.1%1.9%2.9%3.6%3.3%2.8%6.2%6.0%4.9%5.9%6.3%6.3%6.2%8.7%8.6%7.6%6.8%6.6%7.4%6.3%Credit Cost3.8%3.4%2.5%2.4%3.2%3.4%3.2%1.7%1.4%0.9%-0.3%0.9%1.4%1.5%1.3%2.0%5.7%5.7%7.7%6.1%3.6%CIR 42.1%43.3%42.0%37.7%37.9%38.9%35.5%63.0%62.8%63.7%59.4%53.0%51.6%42.6%76.7%74.6%67.7%63.4%59.7%69.7%75.7% Key Ratios PNM’s financing outstanding include financing disbursed to LKMS (Syariah Micro Financing Institution) and venture capital Loan Composition - Outstanding(Rp Tn) 6.4% YoY 52.8%1.6% -2.2% (in Mn)# Borrowers -3.3% YoY 7.5% -8.1% -5.2% Selective Micro Portfolio Approach Strengthens Customer Relationships, While Pegadaian Benefits From Rising Gold Prices
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26 15.7 18.2 20.0 19.5 18.6 19.5 18.8 - 5 .0 1 0 .0 1 5 .0 2 0 .0 2 5 .0 202120222023202420251H251H26 488537528490463490459 30 0 35 0 40 0 45 0 50 0 55 0 202120222023202420251H251H26 10.0 11.1 9.1 8.4 8.2 8.3 8.6 2.7 2.8 4.7 4.5 3.9 4.3 3.4 0.7 0.6 0.5 0.5 0.4 0.4 0.4 13.4 14.6 14.3 13.3 12.6 13.0 12.4 -1 .0 1. 0 3. 0 5. 0 7. 0 9. 0 11 . 0 13 . 0 15 . 0 0. 0 2. 0 4. 0 6. 0 8. 0 10 . 0 12 . 0 14 . 0 16 . 0 202120222023202420251H251H26KURKupedesBriguna 221.2296.1264.9270.0270.0266.1293.4 131.8129.2212.3200.2175.6192.8153.574.968.964.359.759.859.059.6427.9494.2541.6530.0505.4517.9506.4 -2 5 . 0 75 . 0 17 5. 0 27 5. 0 37 5. 0 47 5. 0 57 5. 0 0. 0 10 0. 0 20 0. 0 30 0. 0 40 0. 0 50 0. 0 60 0. 0 202120222023202420251H251H26KURKupedesBriguna Product202120222023202420251H251H26KUR*49.4%33.8%-10.5%5.2%0.0%-0.3%10.2%Kupedes-8.9%-1.9%64.3%-5.7%-12.3%-9.2%-20.4%Briguna-6.3%-8.0%-6.7%-7.1%0.1%-3.6%1.0%Total14.8%15.5%9.6%-1.1%-4.6%-4.2%-2.2% Product202120222023202420251H251H26KUR31.1%11.4%-18.6%-7.9%-1.4%-0.2%3.7%Kupedes-20.3%3.8%64.7%-3.9%-12.4%-6.8%-22.0%Briguna-13.0%-10.7%-12.6%-13.2%-7.1%-10.5%-5.9%Total13.2%8.7%-2.1%-6.7%-5.3%-2.9%-5.2% # Borrowers(in Mn) *) Include Housing Loan Program (Demand Side) Rp6.14 tn as of 1Q26*) KUR Small has been reclassed to Micro Segment since Jan’25 # Borrowers per Loan Officer Loan OS per Loan Officer(in Bn)Growth YoYGrowth YoY (Rp Tn)Micro Loan Outstanding Micro Business Recovery Built on Improved Underwriting and More Optimized Loan Officer’s Capacity
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27 L O A N Q U A L I T Y
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28 Segment1H261H252025202420232022Micro5.09%6.57%5.43%6.02%5.53%3.83%Consumer2.80%2.66%2.70%2.39%2.84%2.76%SME5.43%6.58%5.00%4.95%5.57%4.74%Commercial1.32%2.92%1.19%1.90%2.52%2.55%Corporate2.00%3.43%2.16%3.72%4.67%4.32%Bank Only - SML%3.68%5.06%3.86%4.63%4.87%3.87% Subsidiaries - SML%3.98%5.47%3.52%6.00%4.84%3.90%Consolidated - SML %3.74%5.15%3.84%4.82%4.90%3.90% Segment1H261H252025202420232022Micro4.11%3.77%3.80%2.79%2.40%1.64%Consumer2.46%2.25%2.35%1.97%1.97%1.83%SME5.18%5.42%5.53%4.91%5.66%5.23%Commercial4.37%2.54%4.29%2.50%2.56%2.26%Corporate1.15%1.61%1.70%2.60%3.86%4.68%Bank Only - NPL%3.15%3.23%3.29%2.93%3.12%2.82% Subsidiaries - NPL%1.13%1.39%1.33%1.36%1.20%1.24%Consolidated - NPL %2.90%3.04%3.07%2.78%2.95%2.67% Non-PerformingLoan– by SegmentSpecialMention – by Segment 28 Consistent Improvement in NPL and SML, Reflecting Early Result From Underwriting Transformation, Especially in Micro Segment Since Jan 2025, We have reclassified KUR Small into Micro Segment. All figures from 2021 have been adjusted to reflect this re-segmentation.
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29 5.9%5.5%6.9%6.9%4.7%3.9%5.6%5.7%5.0%3.3%3.1%2.4% 0. 0 % 1. 0 % 2. 0 % 3. 0 % 4. 0 % 5. 0 % 6. 0 % 7. 0 % 8. 0 % 1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q 59.346.750.345.337.928.428.830.831.027.125.222.115.0 15.6 0. 0 10 . 0 20 . 0 30 . 0 40 . 0 50 . 0 60 . 0 70 . 0 1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 - 50,000 100,000 150,000 200,000 250,000 Kupedes Disbursement Trend (Rp Tn) Kupedes Vintages Trend (Avg DG to SML 6MOB) 201.6126.0105.4 n.a. *Total Restructured Loan includes Current Restructured, SML, and NPL 2023 Kupedes2024 Batch(Rp Bn)Remaining OSSMLNPLTotal Restructured*36,7505,4816,3236,594 Legacy Loans Are Mostly Resolved and Kupedes Disbursed in 2025 is Showing Better Vintage Kupedes2023 Batch(Rp Bn)Remaining OSSMLNPLTotal Restructured*22,8164,5503,5116,9452024 Kupedes Disbursement (as of June 2026, Rp Bn) 2023 Kupedes Disbursement (as of June 2026, Rp Bn) DisbursementPaid-OffWrite-OffRemaining OS 201,577171,660 7,10122,816 DisbursementPaid-OffWrite-OffRemaining OS 125,98786,000 3,23736,750 30.6 202420252026 2023202420252026 n.a. 6.3%5.0%3.4%
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30 8.61%8.17%6.75%5.98%5.46%5.39%5.22% 0. 0 0% 1. 0 0% 2. 0 0% 3. 0 0% 4. 0 0% 5. 0 0% 6. 0 0% 7. 0 0% 8. 0 0% 9. 0 0% 10 . 00 % LLR 23.09%18.06%12.47%10.70%9.61%9.67%9.15% 36.14%49.40%54.14%55.94%56.81%55.75%57.08% 0. 0 0% 10 . 00 % 20 . 00 % 30 . 00 % 40 . 00 % 50 . 00 % 60 . 00 % 70 . 00 % LAR %LAR Coverage272.20%247.70%229.09%215.01%178.06%179.45%180.25% 0. 0 0% 50 . 00 % 10 0. 0 0% 15 0. 0 0% 20 0. 0 0% 25 0. 0 0% 30 0. 0 0% NPL Coverage 87.8 93.1 85.5 81.1 83.1 84.3 85.9 32.3 37.6 37.3 37.7 46.6 46.9 47.7 3.09%3.30%2.95%2.78%3.07%3.01%2.90% 0. 0 0% 0. 5 0% 1. 0 0% 1. 5 0% 2. 0 0% 2. 5 0% 3. 0 0% - 2 0 .0 4 0 .0 6 0 .0 8 0 .0 1 0 0 .0 1 2 0 .0 1 4 0 .0 1 6 0 .0 202120222023202420251Q261H26Provision (IDR Tn)NPL (IDR Tn)NPL % 32.3 37.6 37.3 37.746.646.947.740.5 55.8 62.1 65.358.4 65.0 61.5 168.1 112.4 58.5 42.041.139.241.3 240.8 205.8 157.9 145.0 146.2 151.1 150.5 202120222023202420251Q261H26NPLSMLRestruct. - Current Coll. *Since 2021, LAR and LAR Coverage are presented in consolidated number NPL & NPL CoverageLAR & LAR Coverage Average LLR 2010 – 20194.10% Prudent Provisioning Levels Support Adequate Coverage of NPL and LAR Against Potential Loan Delinquencies
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31 36.6 27.9 28.7 43.0 47.6 12.4 24.4 27.5 15.3 11.9 17.6 26.6 8.1 15.0 3.58% 2.55%2.37% 3.23%3.35%3.20%3.08%2.69% 1.40%0.98%1.32%1.87%2.09%1.89% -3 .0 0 % -2 .0 0 % -1 .0 0 % 0. 0 0% 1. 0 0% 2. 0 0% 3. 0 0% 4. 0 0% 5. 0 0% - 1 0 .0 2 0 .0 3 0 .0 4 0 .0 5 0 .0 6 0 .0 7 0 .0 8 0 .0 202120222023202420251Q261H26Provision Exp. - Loan (Rp Tn)Provision Exp. - Net - Loan (Rp Tn)CoC %Coc Net % 17.820.6 35.7 45.4 45.5 11.2 21.5 9.112.616.8 25.421.0 4.3 9.4 51.1%61.0% 47.1% 55.9% 46.0% 38.6%43.9% 0. 0% 10. 0% 20. 0% 30. 0% 40. 0% 50. 0% 60. 0% -7 .0 3. 0 13 . 0 23 . 0 33 . 0 43 . 0 53 . 0 63 . 0 202120222023202420251Q261H26 Write-Off (Rp Tn)Recovery Income (Rp Tn)Recovery Rate Write Off & RecoveryCredit Cost *In compliance with OJK regulations, our calculation of consolidated financial ratios moved to monthly from quarterly starting in Jan-24. All calculations for 2024 and 2023 are adjusted formonthlydata. Lower CoC Reflects Gradual Improvements in Asset Quality
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32 BRI GROUP GUIDANCE& KEY TAKEAWAYS
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33 BRI Group Guidance 7% - 9% 7.4% – 7.8% 2.9% - 3.2% 41% - 43% 2026 Guidance Loan Growth (YoY) NIM Credit Cost CIR 1H26 16.16% 7.70% 3.08% 39.21% Exceed Inline Inline Exceed Note 8% - 10% Remain Remain Remain FY26 New Guidance
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34 Key Takeaways From Our 1H26 Results CoreInflection Signs Emerging1.Better Risk Selection2.Consistent Asset Quality Improvement3.Micro Recovery Momentum 12 3 Transformation has reinforced BRI’s resilience amid uncertainty FundingMore Stable, More Efficient1.Optimized Funding Mix2.Digital Channels Traction3.Strong Retail Funding Momentum 12 3 PerformanceConsistent & Discipline1.Resilient Margin2.Diversified Growth and Earnings3.Strong capital position 12 3
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Thank You PT BANK RAKYAT INDONESIA (Persero) Tbk.Investor Relations7th floor BRI II BuildingJl. Jenderal Sudirman No. 44-46 Jakarta 10210IndonesiaPhone : 62 21 5752009, 5751979Website : www.ir-bri.com Email : ir@bri.co.id