(billion rupiah) 1Q 18 YTD* About The Group · - Sold 51% interest of PT Mandiri Tunas Finance (previously PT Tunas ... Megah (Logistic) 1 of˜ce RENT FINANCE Jardine Cycle & Carriage

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1967Established by Anton Setiawan in Jakarta.1967-1974Importer & Retailer of Fiat, Holden & Mercedes Benz, Peugeot & Honda motorcycles.1974Authorised dealer for Toyota, Daihatsu, BMW, Peugeot & Honda motorcycles.1985Tunas Finance established.1995PT Tunas Ridean listed on JSX with Jardine Motors (held byJardine Cycle & Carriage taking a 25% stake).1999 Tunas Rental established.2001 & 2003 Awarded Best Listed Company in Trade Sector by Investor Magazine.2004Awarded National Best Toyota Dealer for Customer Satisfaction.2005- Awarded Toyota Best Mechanic, Best Branch Manager & Best After Sales Service for Customer Satisfaction in Indonesia.2006- Awarded 1st and 3rd Best Daihatsu Mechanic.- Anton Setiawan awarded Ernst & Young Entrepreneurship Lifetime Achievement Award.2007 - Awarded Best Sales & After Sales categories by BMW, Toyota & Daihatsu.- Tunas Finance awarded Golden Award for Services Quality by Marketing Magazine and Carre. 2008- Awarded Best Listed Company in Trade Sector by Investor Magazine for the 3rd time.- Awarded Best Sales & After Sales categories by Toyota & Daihatsu.- Tunas Finance awarded 1st Best Multifinance Company 2008 by Investor Magazine in the Rp 2-4 trillion assets category.- Tunas Rent achieved ISO 9001:2000 certification.2009- Sold 51% interest of PT Mandiri Tunas Finance (previously PT Tunas Financindo Sarana) to PT Bank Mandiri (Persero) Tbk.- Ranked 1st among The Best Public Companies Based on RWAtm (Relative Wealth Added) for Retailing category by SWA Magazine.- Awarded Best Small-Cap in Asia’s Best Companies Poll by Finance Asia Magazine. - Awarded Best Sales & After Sales categories by BMW,Toyota and Daihatsu. - Tunas Toyota awarded 1st Best Mechanic General Repair 2009 by Auto2000.

2010- Named in SWA 100: Indonesia Best Public Companies 2010. based on WAItm (Wealth Added Index) by Stern Stewart & Co by SWA Magazine.- Named 60th Biggest Company and 40th Fastest-Growing Company in Indonesia by Fortune Indonesia Magazine.- Awarded Best Sales & After Sales categories by Toyota Daihatsu, BMW and Honda Motorcycle.2011- Won national awards in Sales and After Sales categories from Toyota, Daihatsu and Honda Motorcycle.- Numerous industry awards follow annually.2012Acquired PT Rahardja Ekalancar (Isuzu Dealer).2013- Tunas Daihatsu won national Best Dealer Outlet award for third year in a row.- Won overall second out of 29 main dealers in National Honda Motorcycle frontline service contest.- Established PT Mitra Asri Pratama (Driver Services).2014- Won National Awards in Sales and After-Sales categories from Toyota, Daihatsu and Honda Motor.- Won The Best Outlet National from Tunas Daihatsu.- Established PT Asia Surya Perkasa (Main Dealer Honda in Bangka Belitung).2015- Won National Awards in Sales, After-sales service and Front Line categoriesfrom Toyota, Honda and Daihatsu.- Invested in a minority stake (12%) in PT Mandiri Utama Finance.2016- Won 1st place in the Front Line People from Honda.- Awarded Best Sales, After-Sales, and Front Line categories by Toyota, Daihatsu, BMW, Isuzu and Honda Motor.- Tunas Daihatsu won Bronze medal on ASEAN Skills Competition category Automobile Technology (Mechanic).- Tunas Dwipa Matra won Platinum Medal Best of the Best Manager based on Indonesia Contact Centre Association (ICCA).2017- TOP 50 Emiten Midcap - The IICD CG Appreciation by Indonesia Institute For Corporate Directorship (IICD).- Brand Finance TOP 100 Most Valuable Indonesian Brands 2017 based on valuation by Brand Finance Asia Pasific & SWA Magazine.- Best of the Best Awards-The Top 50 Companies for 2017 by Forbes Indonesia.- Won National Awards in Sales and After-Sales categories from Toyota, Daihatsu, Isuzu and Honda Motor.2018- 3rd winner The Best LPD Technical Service - Daihatsu National Technical Skill Contest 2018.- Best Public Company Award 2018 by Warta Ekonomi- Brand Finance TOP 100 Most Valuable Indonesian Brands 2018 based on valuation by Brand Finance Asia Pasific & SWA Magazine.- 100 Excellent Growth Company Ranks 2018 by Bisnis Indonesia- Infobank 100 Fastest Growing Companies 2018-Awarded Best Sales, After-Sales, and Front Line categories from Toyota.

Today, Tunas Group is the largest and only listed independent automotive retail group in Indonesia with 157 outlets.

About The Group

Operational O�ceJl. Raya Pasar Minggu No.7 Hotline (62 21) 798 7070 [email protected] 12740 Indonesia SMS (62) 8189 88627 www.tunasgroup.comTel. (62 21) 794 4788Fax. (62 21) 799 5621

Investor Sheet 1st Quarter 2019 Automotive Finance Rental Services

Automotive Finance Rental Services

Investor Sheet 1st Quarter 2019

GROUP PROFIT AND LOSS

Revenue

Pro�t Attributable to Shareholders

EBITDA

Average ROE Attributable to Shareholders

Average ROA

EPS (Rp)

Dividend per Share

Interim (Rp)

Final (Rp)

Financial Ratios

(billion rupiah)

13,404

560

1,009

16.8%

9.7%

100

8.0

22.0

2018

3,567

160

285

17.7%

10.5%

29

-

-

1Q 19 YTD*

12,917

475

886

16.0%

9.1%

85

5.0

20.0

2017

GROUP FINANCIAL POSTION

* Unaudited

* Unaudited

(billion rupiah)

Current Assets

Fixed Assets - Net

Total Assets

Current Liabilities

Non-Current Liabilities

Equity Attributable to Shareholders

3,545

2,381

2,321

6,036

1,642

839

2018

3,128

2,262

2,109

5,465

1,608

719

2017

3,526

141

247

17.6%

10.0%

25

-

-

1Q 18 YTD*

3,267

2,501

2,139

5,768

1,719

772

1Q 18 YTD*

3,705

2,510

2,384

6,203

1,654

834

1Q 19 YTD*

Page 2

* Including Major Outlets

** Including Service Points

DKI Jakarta

West Java/Banten

Lampung

Others Sumatera

Kalimantan

Sulawesi

Others

TOTAL

TOTAL : 157

10

12

23

1

-

-

-

-

4

3

-

-

-

-

-

7

7

8

1

2

-

-

-

18

1

8

31

27

6

9

7

89

3

6

-

3

2

1

3

18

2

-

-

-

-

-

-

2

NUMBER OF BRANCHES BY GEOGRAPHY

TOYOTA BMW* DAIHATSU ISUZUHONDA* RENT**

GROUP STRUCTURE

AUTOMOTIVE

5 outlets 85 outlets* 63 branches15 outlets**18 outlets

87.5% owned

49% owned 12% owned

As of 31 March 2019 *Including Sales Points

**Including Service Points, Fleet Drivers & Auction

* Unaudited

** Include showrooms and workshops

AUTOMOTIVE

(billion rupiah)

Toyota

Daihatsu

BMW

P eugeot

Isuzu

Honda Motorcycles

Used Cars

PROFIT ATTRIBUTABLETO SHAREHOLDERS

12,581

5,822

2,254

793

3,543

0

157

12

297

2018

12,227

6,041

2,175

855

3,037

0

111

8

241

2017

Net Revenue**

Automotive Finance Rental Services

Note : GAIKINDO and AISI (Distribution Units)

PT Tunas MobilindoParama (BMW)

PT Tunas MobilindoPerkasa

(Daihatsu)

PT Surya Mobil Megahtama

(Oli Distributor)

PT Tunas Dwipa Matra (Honda Motorcycle)

PT Surya Sudeco (Rental & Fleet Management)

PT Tunas Ridean Tbk(Toyota)

23 outlets*

PT Mandiri Tunas Finance

(Consumer Finance)

101 branches

PT Mandiri Utama Finance

(Consumer Finance)

PT Tunas Asset Sarana(BMW Used Car)

2 outlets

PT Rahardja Ekalancar(Isuzu)

2 outlets

PT Asia Surya Perkasa(Honda Motorcycle)

4 outlets

PT Mitra Asri Pratama(Manpower Services)

1 of�ce

PT Mega Armada Sudeco (Auction)

1 of�ce

PT Mitra Ananta Megah (Logistic)

1 of�ce

RENT FINANCE

Jardine Cycle & Carriage Ltd46.24% - 2,580 mn shares

PT Tunas Andalan Pratama44.68% - 2,493 mn shares

Public9.08% - 507 mn shares

Investor Sheet 1st Quarter 2019 Automotive Finance Rental Services

MARKET SHARE

Toyota

Daihatsu

BMW

Peugeot

Isuzu

Total New Cars

Honda Motorcycles

Total New Motorcycles

NATIONAL TUNAS NATIONAL TUNAS

Units % YoY Units % YoYiUn ts Yo% Y Units % YoY

Year to March 31, 2019Full Year 2018

352,161

202,738

2,360

139

26,098

1,151,291

4,759,199

6,383,108

-5%

9%

-16%

309%

30%

7%

9%

8%

28,116

18,762

942

2

504

48,326

248,857

248,857

-10%

-1%

-14%

N/M

36%

-6%

11%

11%

77,266

50,699

550

23

5,960

253,863

1,275,486

1,681,454

-9%

-2%

-3%

21%

10%

-13%

19%

15%

7,680

4,821

206

-

137

12,844

56,846

56,846

-2%

-11%

-38%

N/M

21%

-7%

10%

10%

3,330

1,655

658

259

724

0

32

2

76

1Q 18 YTD*

3,345

1,713

589

174

813

0

47

9

96

1Q 19 YTD*

* Unaudited

TUNAS RENT

Ren tal Units

Re venue

Operations

Disposals

EBITDA

PROFIT ATTRIBUTABLETO SHAREHOLDERS

8,634

822

636

186

364

66

2018

8,350

690

556

135

317

62

2017(billion rupiah, except for units)

8,361

197

148

49

88

17

1Q 18 YTD*

8,224

222

164

58

93

14

1Q 19 YTD*

* Unaudited

MANDIRI TUNAS FINANCE (49% OWNED)

(billion rupiah)

Re v

Factoring Receiveables

enue

Net P rofit

Consumer F inancing Re ceivables

Net Inves tment in F inance Lea ses

New Cars

Used Cars

Motorcycle and other

New Lending

Mandiri Tunas Finance @100%

Tunas Share Of Net Profit

3,120 403

26,991

1,207

198

22,113

3,672

12,629

3,319

11 - 37

2018

2,738 350

22,204

455

172

19,940

1,810

11,181

2,357

-

2017

757

98

6,599

211

48

5,506

881

11,647

2,888

1Q 18 YTD*

474

102

6,963

328

50

5,749

887

14,544

3,324

1Q 19 YTD*