Pt Sarana Menara Nusantara Tbk · IDX:TOWR
Pt Sarana Menara Nusantara Tbk — Q2 2026 Earnings Presentation
25 slides from Pt Sarana Menara Nusantara Tbk's earnings presentation, Aug 14, 2026
Slide 1: PT Sarana Menara Nusantara Tbk – 1H-2026 Results Presentation
PT SARANA MENARA NUSANTARA TBK – TOWR www.ptsmn.co.id investor.relations@ptsmn.co.id 1H-2026 Results Presentation
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by PT Sarana Menara Nusantara Tbk (“TOWR”) for informational and reference purposes only. It does not constitute investment, financial, legal, tax or other professional advice, nor should it be considered as an offer to sell, or a solicitation of an off
Slide 3: Investment Highlights
Investment Highlights TOWR: Indonesia’s Premier Digital Infrastructure Platform 1. Market-Leading Scale 2. Defensive Business Model One of Indonesia's largest Highly predictable cash flows independent platforms with secured by non-cancellable, long- ~36,900 towers and ~182,600km term contracts excee
Slide 4: TOWR Competitive Edge
TOWR Competitive Edge Nationwide tower & fiber infrastructure platform creates substantial competitive advantages that are capital intensive and hard to replicate by others COMPETITIVE ADVANTAGE EMPIRICAL EVIDENCE STRATEGIC BENEFIT Scale 36k+ Towers & 182k+ km Fiber Lower cost expansion platform acr
Slide 5: TOWR Group Ecosystem
TOWR Group Ecosystem Integrated digital infrastructure platform A broad infrastructure footprint enables TOWR to leverage the same underlying tower and fiber optic assets across multiple business lines, creating synergies between businesses, improving asset utilization and unlocking additional growt
Slide 6: TOWR’s Tower Business Model
TOWR’s Tower Business Model Scalable infrastructure asset class, predictable revenue and long-term contracts Built-To-Suit Model Colocation Expansion Tenants 10-Year Master Leases • Tower construction initiated only • Multiple tenants can share a single • Client base exclusively comprises • Secured
Slide 7: TOWR’s Fiber Business Model
TOWR’s Fiber Business Model Core-multiplexing strategy: One single physical fiber cable multi-purposed across three revenue channels Fiber-to-the-Tower • Tailored to connect telco operator’s equipment installed in Towers. • 10 to 14-year non-cancellable lease Multi-Use Fiber Cable contracts. • Each
Slide 8: TOWR’s Tower Asset Portfolio
TOWR’s Tower Asset Portfolio Market leading scale with healthy growth TOWER EXPANSION ACTIVE TENANCY Geographical Distribution Asset placement aligns with major demographic centers 36,892 61,038 – 1.65x tenancy ratio and network densification hubs. 1H-2025: 35,825 1H-2025: 58,158 – 1.62x tenancy rat
Slide 9: TOWR’s Fiber Business
TOWR’s Fiber Business Comprehensive fiber network acts as foundational backbone to power FTTT, FTTH and Connectivity business FTTT (FIBER-TO-THE-TOWER) Fiber Network Footprint Deployment of fiber optic network connection acts as 234,665 Km Generating Revenue 191% Utilization ratio 345 cities the bac
Slide 10: TOWR’s Key Operational Business Lines
TOWR’s Key Operational Business Lines Strategic Synergy and Adjacent Business Flow Project & Managed Services Internet of Things (IOT) Tower Automation & Monitoring System - - Built-to-Suit - Colocation Artificial Intelligence Fiber Cloud Computing Solutions - - Fiber-to-the-Tower Edge Data Center -
Slide 11: 1H-2026 Performance
1H-2026 Performance
Slide 12: Overall Performance
Overall Performance 1H-2026 results demonstrate strong business fundamentals with Revenue increases by 12.7% and Net Income increases by 12.4% YoY NET INCOME REVENUE EBITDA Attributable to Parent Company 5,579 In Rp billion 7,206 In Rp billion In Rp billion 1,857 5,324 6,394 1,652 6,394 5,324 1,652
Slide 13: Revenue by Segment
Revenue by Segment Non-tower businesses are increasingly driving growth as the tower business remains resilient amid industry consolidation In Rp billion Tower revenue remained resilient despite industry consolidation. Slight decrease in Tower revenue was brought by the repricing of the tower lease
Slide 14: Excellent Future Revenue Visibility
Excellent Future Revenue Visibility Contracted Revenue (Rp bn) Contracted revenue nearly doubled from Rp52 trillion in 2020 to Rp100 trillion in 1H-2026, demonstrating TOWR's ability to continuously extend and expand long-term customer commitments. Such contracted revenue represents future revenues
Slide 15: Investment Grade Balance Sheet
Investment Grade Balance Sheet Comfortable leverage supported by an investment-grade balance sheet, providing flexibility for sustainable growth Low Financing Cost Comfortable Leverage Balance Rate Mix Currency Hedging Ratio 5.55% 3.94x 47.5% : 52.5% 84.7% IDR loan Fixed Rate Floating Rate 84.7% IDR
Slide 16: Rating and Index Positioning
Rating and Index Positioning Combined investment grade credit profile with comprehensive inclusion across key Indonesian equity benchmark and leading sustainability indices Credit Ratings ESG Ratings & Scores S&P Investment Fitch Global / MSCI ESG Sustainalytics S&P CSA BBB- BBB / AAA Grade National
Slide 17: Abridged Consolidated Statement of Profit and Loss
Abridged Consolidated Statement of Profit and Loss (In RP Bn) 2021 2022 2023 2024 2025 1H-2025 1H-2026 yoy Revenues 8,635 11,036 11,740 12,736 13,328 6,394 7,206 12.7% Cost of revenues (480) (608) (684) (899) (1,115) (504) (972) 92.8% Depreciation and amortization (1,860) (2,307) (2,843) (3,098) (3,
Slide 18: Abridged Consolidated Statement of Financial Positions
Abridged Consolidated Statement of Financial Positions (In RP bn) 2021 2022 2023 2024 2025 1H-2026 ASSETS Current assets Cash and cash equivalents 4,748 309 429 940 648 942 Restricted cash 2 0 0 1 6 6 Trade receivables 2,171 2,558 3,086 3,293 1,974 3,751 Other current asset 476 785 912 722 807 1,758
Slide 19: Resilient Operating Cash Surplus Powers Growth and Returns
Resilient Operating Cash Surplus Powers Growth and Returns IDR 4.9 Tn operating cash surplus fully funds reinvestment, debt obligation and shareholder returns 1. MAINTAINING GROWTH IDR 2,691 bn 2. DEBT AND INTEREST IDR 1,549 bn 3. SHAREHOLDER RETURNS IDR 403 bn Reinvested into core business to drive
Slide 20: ESG Performance
ESG Performance Based on Sustainability Report FY25 (cut off 31 Dec ’25)
Slide 21: ESG Performance Based on Sustainability Report FY25
ESG Performance Based on Sustainability Report FY25 (cut off 31 Dec ’25) Driving Sustainable Value Creation Green Energy Business & Energy Management Expand Group’s Green Deploy Solar Panel as Energy Business through Energy Systems at certain off- PT Iforte Energi Nusantara (IFEN). grid tower sites.
Slide 22: ESG Performance Based on Sustainability Report FY25
ESG Performance Based on Sustainability Report FY25 (cut off 31 Dec ’25) CSR Contribution & Community Impact Fund Realization CSR Initiatives Beneficiaries 4.30 ~14,000 IDR billion person The Group's CSR initiatives focus on four key pillars Education Nature Conservation Health Disaster Relief & Don
Slide 23: ESG Performance Based on Sustainability Report FY25
ESG Performance Based on Sustainability Report FY25 (cut off 31 Dec ’25) Cultural SMN Group organizes the Pagelaran Sabang Merauke (PSM) contributing to SDGs through Community & Volunteer Engagement world-class performing arts and multi- stakeholder collaboration. The program incorporates The Auditi
Slide 24: ESG Performance Based on Sustainability Report FY25
ESG Performance Based on Sustainability Report FY25 (cut off 31 Dec ’25) Governance Excellence 101.10 - Leadership in Corporate Governance Disclosure Quality ASEAN Asset Class Recognized by the ASEAN Capital Markets Forum (ACMF) Enhanced stakeholder engagement through updated materiality assessment.
Slide 25: Thank You
www.ptsmn.co.id THANK YOU investor.relations@ptsmn.co.id
PT Sarana Menara Nusantara — Q2 2026 Earnings Presentation on 6ix