Company Profile1Q14 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

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 167 tn (consolidated)

• 302 conventional • 16 Sharia • 20 mobile branches

915 and additional access to >50,000 ATMs*

• PT Astra International Tbk (44.56%)• Standard Chartered Bank (44.56%)• Public 10.88%

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

Id AA (Pefindo)

§ A major conglomerate with one of the largest market caps 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 Visa Plus, Visa Electron, Master Card, ALTO, ATM Bersama and ATM Prima networks

3

Permata Today – Key facts and figures

Extensive Branch Network• 318 branches (including 16 Sharia)• 276 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

• 915 proprietary ATMs• Access to over 50,000 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 ~USD 15 bn• ~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

Moody’s Investor Services (May 2013)

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

§

§ Loans including Sharia financing up 20% yoy Rp. 121 tn.

§ Deposits including Sharia funding up 16% yoy to Rp. 129 tn.

§ Gross and Net NPL ratios improved to 1.0% and 0.3% from 1.3% and 0.4%, respectively, a year prior.

§ Consolidated total asset up 21% yoy to Rp. 167 tn, currently the seventh largest Bank in Indonesia

§ CAR registered at 14.5% with tier-1 CAR of 9.8% (Bank only).

§ Shareholders’ equity grew 25% yoy to Rp. 16.0 trillion at end-March 2014, driven by Rights Issue in early 2014.

§ Net Interest Income up 7% yoy to Rp. 1.3 tn.

§ Fee Based Income up 11% yoy to Rp. 372 bn.

§ Pre-Provision Operating Profit up 11% to Rp. 618 bn.

§ Net Profit After Tax up 3% yoy to Rp. 367 bn.

Financial Highlights

Well Capitalized

Improving Profitability

Balance Sheet Growth

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 Δ YoY

Source: Permatabank Published Report - consolidated

1Q131Q14

1,200

334

1,534

978

557

94

463

14

477

356

1,284

372

1,656

1,039

618

152

466

30

495

367

7%

11%

8%

6%

11%

62%

1%

116%

4%

3%

7

Balance Sheet Highlights

Total Assets

Loans (gross)

Deposits

CASA

Time Deposits

Sharia

Subordinated Debt

Senior Bond

Equity

IDR bn Δ YoY

Source: Permatabank Published Report - consolidated

1Q131Q14

138,090

100,684

111,626

39,531

62,415

9,679

5,898

0

12,839

167,325

121,077

129,161

42,520

75,673

10,968

6,921

1,362

16,035

21%

20%

16%

8%

21%

13%

17%

100%

25%

8

Key Ratios

Net Interest Margin

LDR

CAR

ROA

ROE

NPL - Gross

NPL - Net

% Δ YoY(bps)

Source: Permatabank Published Report – Bank

1Q131Q14

4.2

89.9

16.2

1.4

13.2

1.3

0.4

3.4

93.5

14.5

1.2

10.9

1.0

0.3

(83)

357

(173)

(19)

(234)

(28)

(10)

9

Good ProfitabilityNet Profit Remains on the Upside

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%

10.9%

2010

2011

2012

2013

1Q14

2.0%

1.7%

1.7%

1.5%

1.2%

2010

2011

2012

2013

1Q14

5.3%

5.1%

5.0%

4.2%

3.4%

2010

2011

2012

2013

1Q14

1,011

1,157

1,368

1,726

367

2010

2011

2012

2013

1Q14

10

Sustainable Balance Sheet GrowthBalanced growth on Both Assets and Liabilities Sides

Total Asset (IDR Bn)

Deposits (IDR Bn)

Loans (IDR Bn)

Source: Permatabank Published Report – Consolidated

73,851

101,324

131,799

165,834

167,325

2010

2011

2012

2013

1Q14

59,385

82,636

104,740

132,765

129,161

2010

2011

2012

2013

1Q14

52,840

69,263

94,425

118,830

121,077

2010

2011

2012

2013

1Q14

11

IDR79%

FCY21%

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

Personal Loans for mortgages,

vehicles and others21%

Manufacturing24%

Wholesale & Retail Trading

21%

Real Estate, Leasing &

Corporate Services8%

Mining & Excavation

4%

Transportation, Warehouse &

Communication7%

Construction4%

Financial Brokerage

3%

Agriculture3%

Others5%

Optimalization of Intermediation FunctionLoan Diversification to Various Sectors

Source: Permatabank Published Report – Consolidated

12

2.7%

2.0%

1.4%

1.0% 1.0%

0.7%0.6%

0.4% 0.3% 0.3%

2010 2011 2012 2013 1Q14

Gross NPL Net NPL

Healthy Asset Quality and Strong CapitalizationNPL Gross and Net Keep Decreasing Whilst CAR on the Upside

Capital Adequacy Ratio (CAR) (%)

14.1%

14.1%

15.9%

14.3%

14.5%

2010

2011

2012

2013

1Q14

NPL (%)

94.9%

4.1%

1.0%

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 that stake in December 2005 and then finally in October 2006 the Government fully divested and the consortium increased its stake to 89%.

Brief History

♦ PermataBank is a leading privately-owned national bank in Indonesia, seventh largest in the industry in terms of assets.

♦ PermataBank’s focus is very much on the Bank’s strengths as well as Indonesia’s historical strengths being the consumer and commercial segments.

♦ We provide a full range of innovative products and services which we continue to add to.

Current position

PermataBank is well positioned in a rapidly changing and challenging market.

Some of the key points regarding this are:♦ Huge population of Indonesia.♦ Member of G20 since 2009 – currently 16th largest GDP in the world♦ Solid, high economic growth in Indonesia is likely to continue♦ Interesting demographics - Rising middle class continue to support growth in consumption♦ Consistently strong loan growth due to low credit penetration as percentage of GDP♦ Improving political climate♦ The Banking sector is still very much open to growth opportunities.

Environment

14

Current Ownership

History

44.56% 44.56%

Consortium 89%

PermataBank formed from 5 legacy banks

PT Bank Bali Tbk

PT Bank Prima

Express

PT Bank Patriot

PT Bank Universal Tbk

PT Bank Artamedia

Public

10.88%

15

Milestones

♦ As a leading private bank in Indonesia, PermataBank provides comprehensive and innovative products and services, especially in the area of high-tech delivery channels including Internet Banking and Mobile Banking.

♦ PermataBank is uniquely positioned in the Indonesian Banking industry, as the only Bank with Astra International and Standard Chartered Bank as its strategic shareholders, providing unparalleled opportunity for various synergy initiatives.

1957 1971 1990 2010

§ IPO on JSX & SSX

§ Changed name to PT Bank Bali

1999 2006

§ Merged with Bank Universal, Bank Patriot, Bank Prima Express & Bank Artamedia to became PermataBank.

§ Indonesian Banks Restructuring Agency (IBRA), recapitalized the Bank and became the majority shareholder with 59.25% ownership

2002

§ Post Merger Integration, asset restructuring, new Brand socialization, branch and human resource rationalization & product harmonization programs.

§ Open system banking platform deployment.

2003 2004

§ Reverse stock split

§ GOI divestment of 52% shareholding to Standard Chartered Bank & Astra International consortium. By EOY, share ownership increased to 63.1%.

§ Consortium increased share ownership to 89.01%.

§ 10NC5 Subordinated Debt I Offering to General Public for IDR 500bn

§ USD 100mn 12NC7 subordinated MTN issuance through private placement. Astra & SCB acted as principal buyers.

§ Launching of Permata Priority, an enhancement of Permata Kencana.

§ Established as a private Bank in Indonesia under the name “PT Bank Persatuan Dagang Indonesia”.

§ IDR 700bn 10-yr bullet subordinated MTN issuance. SCB acted as the sole buyer.

§ IDR 2tn Rights Issue. Consortium increased share ownership to 89.03%.

§ Completed acquisition of PT GE Finance Indonesia

2009 2011

§ IDR 1.75tn 7-yr Subordinated Debt II issuance to public.

§ GEFI integration

§ For first time reached Rp. 100tn in total assets.

2013

§ IDR 2tn Rights Issue and IDR 2.5tn Bonds Program to strengthen capital.

2012

§ IDR 1.5tn Rights Issue VI.

§ IDR 1.368tn Senior Bonds and IDR 860bn Sub-Debt issuance to public

§ Announced intent to acquire 25% of PT Astra Sedaya Finance

2014

§ Seventh largest bank in terms of asset

§ Network footprint reaches >300 branches in 60 cities nationwide

16

The strong combination of our two majority shareholders, Astra International as a large-scale Indonesian company with extensive experience in the domestic market and Standard Chartered Bank as a well-

respected international bank with market leading expertise and global experience, has become one of our core strengths and placed us in a unique position.

Two Majority Shareholders: A Perfect Combination

• One of Indonesia’s largest Conglomerate with six business lines

• Employs >185,000 people in >170 companies• Nationwide network reach• Local Insights• Vast Business Synergies• Best practices

• Leading international banking group • Worldwide network footprint in ~70 countries,

predominantly in Asia, Africa and the Middle East.

• Deep local experience• Knowledge in innovative products & services • Best practices in banking including risk, finance

and compliance.

General Public

44.56% 44.56% 10.88%

17

What We Stand for

Regulators

Exemplary corporate governance and ethical standard in conducting our business.

Shareholders

Delivering superior performance and return while developing a sustainable franchise.

Communities

Responsible and committed community member. Seek opportunities to support community development.

Our People

Investing in our people and enabling them to learn and grow to make a difference.

Customers

Committed to exceed customers’ expectation.

Commitment to Stakeholders

Performance Delivery

Continuously improving the way we work, delivering flawless execution and promoting a high performance culture through reward and recognition.

One Bank

Working together as one winning team and adopting the mindset of ‘One Bank’ in delivering the best outcome for our customers

Customer Focus

Putting customers at the heart of our service

Approach

CaringInnovationResponsiveness ExcellenceValues

Menjadikan hidup lebih bernilaiAdding value to life

Brand Promise

Pelopor dalam memberikan solusi finansial yang inovatif

To be the leader in delivering innovative financial solutions

Vision

Partnership

18

Majority Shareholders with High Reputation Providing Vast Synergy Opportunities

Extensive Branch Network and Comprehensive Delivery Channel with e-

Channel Capabilities as Strong Differentiator

Various Products and Services Coupled with Service Excellence

Strong Risk Management

Core Strengths

19

Leveraging Our Core Strengths

♦ PermataBank has an extensive branch network and is continuously optimizing, expanding and leveraging through investments, which will strengthen its advantage in payments and distribution capabilities.

♦ By expanding its branch footprint, PermataBank is introducing its unique Banking services to more regional cities and more customers across Indonesia.

♦ This enhanced Branch Network is supported with the latest banking technology and gives the Bank wider accessibility to its customers.

♦ PermataBank has developed tremendous capabilities through its ATMs, Electronic Data capture (EDC) and mobile banking, hence strengthened the Bank's competitive positioning in the industry.

Extensive Branch Network and

Comprehensive Delivery Channels

♦ PermataBank provides customers with a complete suite of innovative products and services to meet their needs.♦ PermataBank is well recognized in the market for its culture of service excellence, which has been developed and leveraged

over time. ♦ External recognitions for service excellence including first position among all industries at CSSL’s Annual Call Center Award for

Service Excellence for outstanding service quality.

Various Products and Services and

Service Excellence

♦ PermataBank continuously build its capabilities in the areas of risk management♦ The Bank’s Risk Management Framework (“RMF”) sets out the Bank’s approach to risk management and the control

framework within which risks are managed and risk-return tradeoffs are made.♦ PermataBank has applied a comprehensive risk management information system capable of identifying, measuring, monitoring

and controlling risks of the Bank.

Strong Risk Management

♦ PermataBank has full unwavering support from its strategic shareholders: Standard Chartered Bank and Astra International. ♦ With Standard Chartered Bank, PermataBank clearly has a true international bank that provides an international network,

international experience and know how, access to innovative products and services, systems, best practice across many disciplines and experienced bankers.

♦ With Astra, PermataBank has a dominant Indonesian corporate that brings true local insight and understanding to doing business in Indonesia. In addition, there are various synergy opportunities with Astra International.

Unique Main Shareholders

PermataBank has four core strengths which we believe give us a unique and sustainable competitive advantage in the Indonesian Banking Industry

20

Risk Management – The Foundation of Growth

• All risk taking must be transparent, controlled and reported

• PermataBank has identified 19 risk categories to be managed. These risk categories are managed through the Risk Management Framework which is described as follows:

Risk Management Framework:

21

Strong Focus on Corporate Governance

PermataBank’s corporate governance is intended to bring about corporate fairness, transparency and accountability

Committees under the Board of Commissioners

Committees under the Board of Directors

Audit Committee

• Review the level of adequacy and effectiveness of internal control mechanisms.

• Review the adequacy of measures taken by management to follow-up recommendations made by the internal and external auditors.

• Review the quality of the internal audit function.

• Assess the quality of the external auditor’s performance

Risk Monitoring Committee

♦ Evaluate the consistency between risk management policies and the implementation of policies.

♦ Perform monitoring and evaluation of the performance of duties by the Risk Management Committee and Risk Management Unit, to be recommended to the BOC.

Remuneration & Nomination Committee

• Performs evaluation and provide recommendations to the BOC on remuneration policies and program to ensure competitiveness, long-term business success, shareholder interest and a strong pay-for-performance link

• Preparing for and providing to the BOC recommendations on systems and procedures for selecting members of BOD and BOC to be proposed at GMS.

Credit Policy Committee

This governance structure enhances the implementation of duties & responsibilities of the BOC and BOD

Fraud Oversight CommitteeHuman Resources and Pension

Committee

Risk Management Committee Credit Committee IT Steering Committee Assets Liabilities Committee

22

Board of Commissioners

Cheng Teck Lim1)

/President Commissioner/Joined Standard Chartered Bank in 1989 and has since held a variety of strategic roles within Standard Chartered Group. Currently serves as Executive Vice Chairman and Chief Executive Officer of Standard Chartered Bank China.

Lukita Dinarsyah Tuwo/Independent Commissioner/ Joined the National Planning Agency (Bappenas) since 1987 and has held various positions in the agency before appointed as the Deputy Minister of Bappenas.

David Allen Worth/Independent Commissioner/ Started his career in 1986 at the First interstate Bank in California, joined SCB in 1993 and has since held various senior positions in the field of trading and derivatives.

A. Tony Prasetiantono/Independent Commissioner/ Previously served as the Independent Comissioner of Bank Mandiri, Chief Economist of Bank BNI.and member of Information Committee at Lembaga Penjamin Simpanan. Today serves as a lecturer at the Faculty of Economics & Business and Director of the Center for Economic & Public Policy at Gadjah Mada University (UGM).

I. Supomo/Independent Commissioner/ Previously served as Managing Director at Bank BNI, Bank Mandiri and SEVP at Bank Dagang Negara. He currently serves as the Director at LPPI and Senior Administrator in ISEI and IBI.

Gunawan Geniusahardja2)

/Deputy President Commissioner/Joined PT. Astra International Tbk in 1981, served as Director of PT. Astra International Tbk since 2001. He currently serves as Commissioner and Director of various companies under the Astra International group.

Mark Spencer Greenberg/Commissioner/ Currently serves as the Group Strategy Director, Jardine Matheson Holdings and Director of Jardine Matheson Limited, Dairy Farm, Hong kong Land, Mandarin Oriental and Commissioner of PT. Astra International Tbk.

Neeraj Swaroop/Commissioner/An experienced international banker with over 20 years in various senior management positions. .

1) The appointment of Cheng Teck Lim as President Commissioner of the Bank is subject to regulatory approval

2) Gunawan Geniusahardja, who at the moment serves as the Vice President Commissioner of the Bank, will act as the Interim Officer In-charge of the President Commissioner of the Company starting from the closing of AGMS until the appointment of Cheng Teck Lim as President Commissioner of the Bank is effective.

23

Board of Directors

Tjioe Mei Tjuen/Technology and Operations Director/Over 30 years of experience in technology and operations, gained in wide-ranging senior appointments especially in the Indonesia banking industry. Previously served as Director of Operations at Bank Ekonomi Raharja.

Mirah Wiryoatmodjo/Compliance Director/More than 22 years of experience in financial industry including banking especially in the areas of operations, risk and compliance. Previously served as Compliance Director at Citibank NA Indonesia.

Roy Arman Arfandy1) 2)

/Vice President Director/Previously served as the Wholesale Banking Director in PermataBank. Having banking experience for more than 19 years including at Bank DBS Indonesia, Bank Mizuho, Bank Dai-chi Kangyo Indonesia, BDNI and Bank Danamon.

Sandeep Kumar Jain/Finance Director/A senior international banker with 25 years of experience in many global strategic roles in Finance. Previously served as the Regional CFO of Europe and America at SCB.

Indri Koesindrijastoeti Hidayat /HR Director/Extensive experience in human resource management from past work experience including as the HR Director of PT. Rajawali Corporation. She also held various positions at IBM Indonesia, Freeport Indonesia, Keramika Indonesia Association, Citibank and Dexa Medica.

Michael A. Coye/Risk Director/More than 30 years of experience in various senior management positions at financial institutions including SCB and Citibank. Previously served as the Chief Risk Officer of SCB Taiwan.

Achmad Kusna Permana/Sharia Banking Director/Previously served as the Head of Sharia Banking in PermataBank. More than 20 years of experience in various management positions in the banking industry including at Bank Bali, HSBC Indonesia and Bank Danamon.

Bianto Surodjo/Retail Banking Director/Previously served as Head, Wealth Management, Retail Liabilities Product & E-Channel. Extensive experience in banking from past work experience including in the ABN Amro Bank NV, Bank International Indonesia and Bank Barclays Indonesia

1) The appointment of Roy Arman Arfandy as Vice President Director of the Bank is subject to regulatory approval

2) Roy Arman Arfandy also acts as the Interim Officer In-charge for the President Director of the Bank starting from the closing of Bank’s 2014 AGMS until the appointment of new President Director of the Bank by General Meeting of Shareholders and such appointment is approved by related regulator.

24

• Members of the BOC & BOD are very competence in their respective areas, as well as have the integrity and very good reputation. Oversight/ monitoring function, performed both directly and through the Committees.

• The infrastructure and soft –structure are comprehensive and fully complimented with competence and independent of the Committee members to enable effective execution of duties.

• The Appointment of Compliance Director• Independency of Compliance and Internal Audit

• PermataBank has operated a comprehensive risk management system and is able to identify, measure, monitor & control Bank risks.

• PermataBank continuously considers capacity of capital and distribution/ diversification of portfolio

• Business Plan has been prepared in realistic manner, comprehensive and measurable conditions and with consideration to the prudential principle.

• Timely & accurate disclosure is made in material matters regarding the corporation, including the financial condition, performance, ownership, and governance

• The BOC & BOD are highly committed to continuously enforce GCG practices in line the highest standards as reference for optimal governance and compliance.

• The Committees under the BOC & BOD have activelyprovided input or recommendation to support theperformance of duties & responsibilities of the BOC&BOD

• Appointment of Public Accountant by GMS is based onAudit Committee’s recommendation with the purpose ofproviding assurance to all stakeholders that FinancialStatement has fairly represented the financial conditionand performance of PermataBank.

• Robust Internal control system through implementation ofthree layers of assurance.

• PermataBank persistently adheres to the prudentialprinciple and risk management practices in providingfunds, particularly lending to related parties and largeexposures.

• The Business Plan had been approved by the BOC andcommunicated to the shareholders through the AGMS.

• Information disseminated to the public through publicationof the Financial Report, Annual Report, web site,submission of corporate action through the Capital MarketSupervisory Agency & Stock Exchange

Implementation of duties & responsibilities

by BOC & BOD

Completeness and implementation of the duties of Committees

Performance of Compliance, Internal &

External Auditor Function

Implementation of Good Corporate Governance

Provision of Funds to Related Party & Large

Exposure

Strategic Plan

Transparency in financial & non financial

conditions

Implementation of Risk Management including Internal Control System

25

The result of Self Assessment on GCG implementation 2013based on BI RegulationComposite Score : 2Composite Predicate : Good

Company with category “Trusted” 2013Company with category “Trusted” 2007

Top 50 Listed Companies with the Highest Score for Corporate Governance Based on Asean Corporate Governance Scorecard Year 2014

The Best Corporate Governance 2013 category Best Equitable Treatment of Shareholders

The Best Corporate Governance 2012 category Best Shareholders’ Rights

Overall winner & 1st Place Winner – Listed Private Financialcategory – Annual Report Award 2008

Ministry of FinanceRepublic Indonesia

Bank Indonesia

Good Corporate Governance : Acknowledgements

26

THANK YOU