Business UpdateSeptember 2016

- MPPA FMCG retail

Market cap: USD 732 millionShareholding value: USD 368 million

- Matahari Department Store fashion retail

Market cap: USD 4.1 billion Shareholding value: 725 million

New retail channels:

- Matahari Mall B2C e-commerce

(thru MPPA & MDS)

- Mbiz B2B & B2G e-commerce

Complementary/other retail:

Timezone, Books & Beyond, Robbinz department store

Investment Summary

• Listed in Jakarta Stock Exchange (MLPL)• Market Cap: IDR 3.6tn (USD 277mm)1)

RetailTelecommunication, Multimedia &

Technology (TMT)Other Businesses

& Investments

- Property GroupRetail malls, free-standingretail stores, warehouse, office buildingBook value: USD 149 million

- Lippo KarawaciMarket cap: USD 1.7 billionShareholding value:USD 37 million

- Nobu BankMarket cap: USD 153 milionShareholding value:USD 29.9 million

- Multipolar TechnologyGroupIT system integration, services,data center

Market cap: USD 150 millionShareholding value: USD 120 million

- First Media GroupCable TV, broadband Internet,4G LTE, satellite TV, cinema

Market cap: USD 323 millionShareholding value: USD 109 million

1 USD = IDR 12,998

Multipolar at-a-Glance

PT IMTV 44.00% indirect share Satellite TV

provider

PT Tecnoves Int’l 85.00% indirect share Satellite operator

• Listed in Jakarta Stock Exchange (MLPL)• Market Cap: IDR 3.6tn (USD 277mm)1)

Matahari Putra Prima (MPPA)

50.23% share

Mkt Cap: IDR 9.5tn(USD 0.7bn)1)

Mkt share: 35.5%2)

112 Hypermarts25 Foodmarts49 FMX106 Boston2 Smartclub4)

Retail

Indonesia Food Retail

China Retail Operations

Robbinz Department Store Wholly owned

3 RobbinzDepartment Stores4)

Telecommunication, Multimedia & Technology (TMT)

Multipolar Technology 80.00% share IT consulting, hardware, software

& application system provider to integration & maintenance services

Mkt Cap: IDR 1.9tn(USD 150mm)1)

VisioNet

80.00% indirect share

IT outsourcing; operational and support solutions

Data Center• 52.00% indirect share

IT Services Multimedia

First Media

33.76% indirect share

Mkt Cap:IDR 4.2tn(USD 323mm)1)

Link Net

BroadbandInternet, cable TV, data comm

Other Businesses & Investments

Department Store

Matahari Dept. Store(MDS)

17.48% share

Mkt Cap:IDR 54tn(USD 4.1bn)1)

Mkt share: 34.4%2)

147 stores4)

Timezone

• 50.01% indirect share

• 81 stores4)

Books & Beyond

Wholly owned

37 bookstores4)

Other TMT Others

Multifiling MitraIndonesia (MMI)

33.13% indirect share

Mkt Cap:IDR 200bn(USD 15mm)1)

Documentmanagement

Others

Nobu Bank• 19.58% indirect share• Mkt Cap:

IDR 1.9tn(USD 153mm)1)

Notes:

1) As of Sep 30, 2016; USD 1 = IDR 12,998

2) Source: Euromonitor

3) Includes contribution from consolidated entities only

4) Updated per 30 Sep 2016

Consolidated Non-consolidated

RetailOthers

Properties

MatahariPacific

Nadya PutraInvestama

Wholly owned

86%

10%4%9M16 Sales

Contribution

Retail

TMT

Others

Matahari Putra Prima (MPPA)Multipolar owns 50.2% of MPPA, operator of the fastest growing hypermarket chain in Indonesia

with an extensive store portfolio of hypermarkets, supermarkets and health & beauty stores across Indonesia.

New formats: Foodmart Primo, SmartClub, Foodmart Express (FMX)6

9M16 net profit IDR 32.6 bn vs 9M15 net profit IDR 261.1 bn5

9M16 vs 9M15 SSSG without store closures for renovations: 1.3%4

9M16 vs 9M15 total sales growth: -0.5% to IDR 10.4 tn 3

294 multiformat stores 2

Largest hypermarket network in Indonesia: 112 stores in 68 cities1

Matahari Department Store (LPPF)Multipolar owns 17.5% of Matahari Department Store, the #1 department store in Indonesia based on

market share2) and brand awareness with a proven low risk, high-return business model

9M16 vs 9M15 net profit growth: 16.3% to IDR 1,610 bn 6

9M16 vs 9M15 same-store sales growth: 6.0%5

9M16 vs 9M15 ttl sales growth: 9.2% to IDR 13.2 tn4

Opened 5 new stores in 9M163

Largest dept store network in Indonesia: 147 stores in 68 cities1

Largest market share in Indonesia: 34.4% vs. 23.1% nearest comp2

Multipolar Technology (MLPT)Multipolar owns 80% of Multipolar Technology, which provides end-to-end IT services to Indonesian

corporate clients with special focus on the financial, Telecom & natural resources industries

9M16 vs 9M15 net profit growth: 30.7% to IDR 103.1 bn3

9M16 vs 9M15 ttl sales growth: -11.6% to IDR 1,345 bn2

155 service points in 133 cities5

Largest system integrator in Indonesia since 19751

Trusted world-class brands – IBM, HP, Cisco, Oracle, Microsoft 4

Partners with Mitsui to build Rate-4 ready data center6

Indonesia Media Televisi (BigTV)Indonesia Media Televisi (IMTV) is Multipolar’s direct-to-home (DTH) satellite pay TV subsidiary,

operating under the “Big TV” brand. Launched in late 2013, IMTV continues to grow its subscriber baseamidst an increasingly competitive landscape, with the help of its extensive nationwide sales distribution

network, dynamic sales and marketing campaigns, as well as a robust installation capacity.

Largest channels offering: 124 channels incl 46 HD channels1

Reduced OPEX by efficiency measures3

9M16 vs 9M15 revenue growth: -34% to IDR 131 bn 2

EBITDA improved from IDR -235 bn in 9M15 to IDR -68 bn in 9M16 4

Synergy with Lippo retail, malls, residentials, hotels, hospitals 5

Economy of scale with First Media’s cable pay TV 6

9M16 Profit and Loss

in million IDR

Sep 30, 2016 Sep 30, 2015

Net Sales 12,992,065 13,336,972

COGS (10,568,392) (10,734,681)

Gross Profit 2,423,673 2,602,291

Net Profit (Loss) 903,538 (824,315)

Attributable to owners

of the parents889,992 (853,604)

Attributable to non-

controlling interests13,546 29,289

Balance Sheet as of Sep 30, 2016

in million IDR

Sep 30, 2016 Dec 31, 2015

Total Assets 23,516,996 22,472,352

Total Liabilities 14,047,883 13,821,171

Total Equity 9,469,113 8,651,181

Source: Company materials, filings.

26.97% 5.05%

100%

67.98%

Cyport Limited

Grandhill Asia Limited

Public

PT Multipolar Tbk

(MLPL)

Shareholding Structure