Pt Telkom Indonesia (persero) Tbk Class B · IDX:TLKM
Pt Telkom Indonesia (persero) Tbk Class B — H1 2025 Earnings Presentation
18 slides from Pt Telkom Indonesia (persero) Tbk Class B's earnings presentation, Aug 5, 2025
Slide 1: Accelerating Transformative Execution
Accelerating Transformative Execution Telkom Indonesia 1H25 Earnings Call 5 August 2025 PT TELKOM INDONESIA (PERSERO) TBK
Slide 2: Disclaimer
Disclaimer PT Telkom Indonesia (Persero) Tbk provides this presentation as a form of transparency to present data and information for our shareholders. In general, the content of this presentation are derived from internal analysis from credible documents and trustworthy sources. Some parts of this
Slide 3: Telkom Indonesia & Telkomsel Board of Directors
Telkom Indonesia & Telkomsel Board of Directors Dian Siswarini Arthur Angelo Nanang Faizal Rochmad Henry Christiadi President Director Syailendra Hendarno Djoemadi Director of Director of Director of Director of Human Capital Muhammad Finance and Risk Veranita Network Seno Soemadji Digital IT Honest
Slide 4: Latest Economic Data Has Yet to See Meaningful Improvement
Latest Economic Data Has Yet to See Meaningful Improvement Government spending, however, surged in June 2025, signals a more hopeful recovery Consumer Confidence Index by Spending Level were lower BI retail sales growth remained modest in 2Q25 (%YoY) in all segments 12 9.3 10 160 7.9 8 6.4 140 5.8 5
Slide 5: TLKM Transformation Pillars
TLKM Transformation Pillars We aim to provide world-class digital ecosystem leadership at scale operaTional & service excellence streamLining ▪ Reforming corporate culture and governance ▪ Consolidate overlapping business units and divest ▪ Prudent capital allocation for both Capex and Opex non-core
Slide 6: Prudent Capital Allocation Drives Record-High Shareholder Return
Prudent Capital Allocation Drives Record-High Shareholder Return Reflect our ability to maintain grow, manage capital wisely, and reward shareholders Historical Capex-to-Revenue Ratio and Nominal Dividend per Share 25 .0 % 250.00 Rp. 212.5 20 .0 % Rp. 178.5 200.00 Rp. 167.6 Rp. 150.0 15 .0 % 150.00
Slide 7: Delivering Quality, Reach and Value Optimization
Delivering Quality, Reach and Value Optimization Securing long-term value through customer-centric growth 1 Rebuilding Mobile Momentum from High 2 Unlocking FBB Growth Opportunities Yielding Offerings SP Product Simplification Expand Addressable Streamlining offerings and Market Simplification shift
Slide 8: Establishing FiberCo Platform at scale
Establishing FiberCo PLATFORM at scale with ~IDR150tn worth of infrastructure assets* to be unlocked Objective 1. Optimize Fiber Assets by capturing both internal and external market opportunities 2. Establish Strategic Partnership to unlock value and support further expansion (organic and inorganic
Slide 9: 1H25 Financial & Operational Results
1H25 Financial & Operational Results PT TELKOM INDONESIA (PERSERO) TBK
Slide 10: Resilience operation amidst ongoing soft macro
Resilience operation amidst ongoing soft macro Telkomsel (Stand-alone) Stable mobile customer base and strong growth in data payload consumption underpin signs of recovery EBITDA margin 44.6% 2.2ppt YoY 2Q25 QoQ Performance 1H25 YoY Performance Revenue moderated Rp 36.4 Tn Rp 73.0 Tn Stable mobile
Slide 11: Quarterly Revenues are Stabilizing Across Segments
Quarterly Revenues are Stabilizing Across Segments In Rp Tn Total Revenues Operating Revenues 3.0% 6.5% 1H24 1H25 45.5 42.5 75.3 73.0 2.2% 13.0 13.3 7.2% 2.4% 9.8% 5.2 4.8 4.8 5.0 6.8 7.5 Data, Internet & IT IndiHome* Cellular, Voice & SMS Interconnection Network & Other 1H24 1H25 Servic
Slide 12: Total Expenses Moderation from Cost Leadership Initiatives
Total Expenses Moderation from Cost Leadership Initiatives In Rp Tn Total Expenses Operating Expenses 1H24 1H25 1.0% 1.5% 0.4% 53.7 53.1 19.5 19.8 16.1 16.2 14.9% 9.5 18.3% 8.1 0.5% 2.5% 3.5 4.2 3.4 3.3 1.6 1.5 0.1 0.0 O&M and Telco Personnel Interconnection General & Marketing Depreci
Slide 13: Healthy credit metrics to support transformation
Healthy credit metrics to support transformation Procurement excellence supporting efficiencies Capex to Revenue Ratio Debt to EBITDA (x) Net Debt to EBITDA (x) 17 .0 % 15 .0 % 15.5% 1.2 0.7 0.7 13 .0 % 13.0% 1.0 11 .0 % 9.0% 7.0% 5.0% 1H24 1H25 1H24 1H25 1H24 1H25 Capex Breakdown 1H25 (%) Debt to E
Slide 14: Aggregate non-Consumer Business Growth Continued to Outpace
Aggregate non-Consumer Business Growth Continued to Outpace Further diversifying business mix Wholesale & International Business Enterprise Business Revenue • Digital Infrastructure Revenue Rp 9.7 trillion 4.7% YoY • International Wholesale Voice Rp 10.0 trillion Infra Network Fiber Optic Backbone
Slide 15: 2025 Company Guidance
2025 Company Guidance 2025 Guidance Revised 2025 Guidance Revenue: Revenue: Low single digit Flat EBITDA Margin: EBITDA Margin: 50-52% c50% Capex-to-Revenue ratio: Capex-to-Revenue ratio: c17-19% c17-19% PT TELKOM INDONESIA (PERSERO) TBK Accelerating Transformative Execution | Page 15
Slide 16: Thank you
Thank you Telkom Landmark Tower Gatot Subroto Kav. 52 Jakarta 12710 Indonesia www.telkom.co.id PT TELKOM INDONESIA (PERSERO) TBK
Slide 17: Appendix
Appendix PT TELKOM INDONESIA (PERSERO) TBK
Slide 18: Strategic Discipline Execution from Telkomsel
Strategic Discipline Execution from Telkomsel Reinforcing quality-led growth through sustainable value creation Showcasing the resilience of our digital engagement strategy Total Revenue EBITDA Net Income (in Rp Bn) 5.8% (in Rp Bn) (in Rp Bn) 10.2% 13.5% 14.0% 57,166 53,844 Net 26,753 26.753
PT Telkom Indonesia (Persero) — H1 2025 Earnings Presentation on 6ix