Company Profile1H14 Results

Disclaimer: This report has been prepared by PT Bank Permata Tbk independently and is circulated for the purpose of general information only. It is not intended to the specificperson who may receive this report. The information in this report has been obtained from sources which we deem reliable. No warranty (expressed or implied) is made to theaccuracy or completeness of the information. All opinions and estimations included in this report constitute our judgment as of this date and are subject to change without prior notice.We disclaim any responsibility or liability without prior notice of PT Bank Permata Tbk and/or their respective employees and/or agents whatsoever arising which may be broughtagainst or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this report and neither PT Bank Permata Tbk and/or its affiliatedcompanies and/or their respective employees and/or agents accepts liability for any errors, omissions, negligent or otherwise, in this report and any inaccuracy herein or omissionhere from which might otherwise arise.

2

Year Established

Listing at the Bourse

Asset

Branches

ATMs

Shareholders

Corporate Rating

Senior Bond Rating

Sub Debt Rating

Background

1955

Since 1990 at the Jakarta Stock Exchange and Surabaya Stock Exchange (both merged and now known as the Indonesian Stock Exchange (BEI)

Rp 177 tn (consolidated)

326 branch offices (including 16 sharia) 38 mobile branches 3 payment points

936 and additional access to >69,000 ATMs*

PT Astra International Tbk (44,56%) Standard Chartered Bank (44,56%) Public 10,88%

id AA+ (Pefindo)AAA(idn) (Fitch)

id AA+ (Pefindo)

id AA (Pefindo)

A major conglomerate with one of the largest market cap in Indonesia

Six business lines in >170 companies

Strong reputation in Corporate Governance and CSR

An international Bank with global experience

Innovative banking products & services

Strong reputation in risk management

Major Shareholders

*) connected through Alto, Visa Plus, ATM Bersama, Master Card, Cirrus and Prima networks

3

Permata Today Key facts and figures

Extensive Branch Network 326 branches (including 16 Sharia, 38

mobile branches and 3 payment points) 278 Sharia Office Channeling Branch coverage in 60 cities Optimizing & expanding network

Service Excellence Leveraging well-recognized culture of

Service Excellence Various Awards & Accolades for

Service Quality notably, Best Call Center Award for 9th consecutive year

Comprehensive Delivery Channels

936 proprietary ATMs Access to over 69,000 joint ATMs Best Mobile Banking in Asia Pacific

(Asian Banker Award 2011) Extensive internet banking

Astra International and Standard Chartered Bank as Unique Shareholders Unique market positioning Various Synergy opportunities Best practice transfer

Business Full service Consumer and

Commercial segment. Large presence in SME and a

rapidly growing sharia banking business.

Key Facts 7th largest bank in Indonesia Total Assets of IDR 177 tn ~7,700 permanent staff

4

Pefindo Rating (October 2013)

Corporate Rating id AA+ / Stable outlook

Subordinated Bonds id AA

Fitch Ratings (November 2013)

National Long Term Rating AAA(idn) / Stable outlook

Moodys Investor Services (June 2014)

Bank Financial Strength Rating (BFSR) D / Stable outlook

Baseline Credit Assessment (BCA) Ba2

Adjusted Baseline Credit Assessment (ABCA) Ba1

Long-/Short-term Foreign Currency Deposits Baa3 / Prime-3 / Stable outlook

Long-/Short-term Global Local Currency Baa3 / Prime-3 / Stable outlook

Rating Agencies Rating/outlookRating Agencies Rating / Outlook

Ratings

5

More modest loan growth. Loans of Rp. 127 tn was a growth of 19% yoy, or 7% from December 2013. With constant exchange rate, loan up 14% yoy

Tight liquidity; with LDR of 91.5%. Total deposits grew 19% yoy (with constant exchange rate deposit up 14% yoy), however, CASA was flat on a year on year basis

Gross and Net NPL increased to 1.5% and 0.7% from 1.2% and 0.4% in June 2013

Total asset of Rp.177 tn; the seventh largest bank in Indonesia per June 2014

CAR registered at 13.7% with CAR Tier 1 of 9.2% (bank only).

Shareholders Equity of IDR 16 tn is a growth of 23% yoy after completing rights issue this year.

Total Revenue up 10% yoy to Rp. 3.5 tn whilst Other Operating Income increased by 30%. Net Interest Income grew 5%; reflecting margin compression

Pre Provision Operating Profit up 13% yoy. Operating Profit was flat at Rp. 1.0 tn from combination of higher cost of funds and higher impairment

Net Profit After Tax down 2% yoy to Rp. 800 bn, resulting in 12% ROE

Financial Highlights

Capital Managed at Comfortable

Level

Higher Pre Provision

Operating Profit

Tight Liquidity. Higher NPL

6

Net Interest Income

Other Operating Income

Total Revenue

Operating expenses

Pre Provision Operating Profit

Provision Expense

Operating Profit

Non Operating Income

Profit Before Tax

Net Profit After Tax

Income Statement Highlights

IDR bn YoY

Source: Permatabank Published Report - consolidated

1H131H14

2,568

619

3,187

1,997

1,190

179

1,011

92

1,103

818

2,696

806

3,502

2,162

1,340

325

1,015

59

1,074

800

5%

30%

10%

8%

13%

81%

0%

-36%

-3%

-2%

7

Balance Sheet Highlights

Total Assets

Loans (gross)

Deposits

CASA

Time Deposits

Subordinated Debt

Senior Bond

Equity

IDR bn YoY

Source: Permatabank Published Report - consolidated

1H131H14

144,342

106,895

116,148

45,815

70,333

5,919

0

13,230

176,854

126,696

138,051

45,874

92,178

6,971

1,363

16,293

23%

19%

19%

0%

31%

18%

100%

23%

8

Key Ratios

Net Interest Margin

LDR

CAR

ROA

ROE

NPL - Gross

NPL - Net

% YoY(%)

Source: Permatabank Published Report Bank

1H131H14

4.4

92

16

1.6

15

1.2

0.4

3.5

92

14

1.2

12

1.5

0.7

(0.9)

(0)

(2)

(0.3)

(3)

(0.2)

(0.3)

9

Profitability

Return on Asset (ROA) (%)

Net Interest Margin (NIM) (%)

Net Profit (IDR Bn)

Source: Permatabank Published Report Consolidated

Return on Equity (ROE) (%)

22.8%

15.9%

17.5%

15.7%

12.2%

2010

2011

2012

2013

1H14

2.0%

1.7%

1.7%

1.5%

1.2%

2010

2011

2012

2013

1H14

5.3%

5.1%

5.0%

4.2%

3.5%

2010

2011

2012

2013

1H14

1,011

1,157

1,368

1,726

800

2010

2011

2012

2013

1H14

10

Balance Sheet Growth

Total Asset (IDR Bn)

Deposits (IDR Bn)

Loans (IDR Bn)

Source: Permatabank Published Report Consolidated

73,851

101,324

131,799

165,834

176,854

2010

2011

2012

2013

1H14

59,385

82,636

104,740

132,765

138,051

2010

2011

2012

2013

1H14

52,840

69,263

94,425

118,830

126,696

2010

2011

2012

2013

1H14

11

IDR78%

FCY22%

Loan Breakdown by Economic Sectors (%) Loan Breakdown by Currencies (%)

Personal Loans for mortgages,

vehicles and others22%

Manufacturing25%

Wholesale & Retail Trading

22%

Real Estate, Leasing &

Corporate Services7%

Mining & Excavation

4%

Transportation, Warehouse &

Communication6%

Construction4%

Financial Brokerage

4%

Agriculture3%

Others3%

Loan Book Breakdown

Source: Permatabank Published Report Consolidated

12

2.7%

2.0%

1.4%

1.0%

1.5%

0.7%0.6%

0.4% 0.3%

0.7%

2010 2011 2012 2013 1H14

Gross NPL Net NPL

Asset Quality and Capitalization

Capital Adequacy Ratio (CAR) (%)

14.1%

14.1%

15.9%

14.3%

13.7%

2010

2011

2012

2013

1H14

NPL (%)

93.5%

5.0%

1.5%

Current Special Mention NPL

Loan Based on Collectibility (%)

Source: Permatabank Published Report Bank

13

PermataBank in Brief

PermataBank was created by a merger of 5 banks in 2002 with Bank Bali and Bank Universal being the biggest and together accounting for roughly 80% + of the new institution. All five banks had been taken over by the government and the new institution was 100% owned by GOI. Permata was named by the then lady President, Ibu Megawati, and Permata in Bahasa means jewel.

In October 2004, Standard Chartered Bank along with Astra International formed a consortium that took over a 51% stake in the Bank. They added further to t