Pt Bank Maybank Indonesia Tbk Class AIDX: BNII

Maybank Indonesia Financial Result FY 2025

· Issued by Pt Bank Maybank Indonesia Tbk Class A

Maybank Indonesia

FINANCIAL RESULTS

FY 2025 ended 31 December 2025

Disclaimer: The contents of this document/information remain the intellectual property of Maybank and no part of this is to be reproduced or transmitted in any form or by any means, including electronically, photocopying, recording or in any information storage and retrieval system without the permission in writing from Maybank. The contents of this document/information are confidential and its circulation and use are restricted.



Table of Contents

Macroeconomics

2

2

Maybank Indonesia in Brief

Executive Summary

Results Overview

Shariah Business Unit

2

8

23

13

8

4

Digital

20

25

20

Banking

16

18

29

Subsidiaries Sustainability

Awards and Events Highlights

38

33

30

25



Macroeconomics and Industry Updates

Amidst global challenges, Indonesia continues to demonstrate resilience, anchored by robust domestic demand, low and stable inflation, and a solid external sector with ample reserves.

Fiscal policy remains

GDP Growth

5.39%

5.11%

5.05%

5.12%

4.95%

5.02%

5.04%

4.87%

1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025

Source: Statistics Indonesia (BPS)

Loan and Deposit Growth

10.85%

10.46%

9.16%

7.77%

8.51%

7.44%

8.45%

7.04%

6.96%

7.56%

12.40% 12.36%

Economic Growth 4.9% to 5.7%

Current

-

0.9% to -0.1%

Account

of GDP

Inflation

2.5% ± 1%

Loan Growth

8% to 12%



Bank Indonesia's 2026 Prospect

Shariah Financing and Funding Growth

15.38%

13.70%

disciplined, with the 2025 deficit contained at 2.78% of GDP

4.48% 4.75%

7.54%

10.41%

12.04%

11.45%

10.09%

9.91%

9.17% 8.15%

5.59% 6.91%

11.25%

7.41%

* All growth percentages noted are on

Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25

Loan Deposit

Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25

Financing Funding

year-on-year (YoY) basis unless otherwise stated

Source: Indonesia Banking Statistics (SPI) Source: Sharia Banking Statistics (SPS)

3

Table of Contents

2

2

4

Macroeconomics

Maybank Indonesia in Brief

Executive Summary

Results Overview

Shariah Business Unit

2

8

8

Digital

20

25

20

Banking

16

18

29

23

13

Subsidiaries Sustainability

Awards and Events Highlights

38

33

30

25



Our Presence

1959

1988-

1989

2008

2014-

2015

2019

2023

2024



Established in 15 May 1959

  • Obtained license for foreign exchange

transactions

  • Listed in stock exchange

    Acquired by Malayan Banking Berhad (Maybank)

  • Launched the Shariah First Strategy

  • Change of name from BII

to Maybank Indonesia

Launched the new M2U mobile banking application

Provided Indonesia's first ever Shariah Wealth Management solution

TIME World's Best Companies 2024 awarded to Maybank Group

Maybank Indonesia Market Presence

Loans Market Share (as of Sep 25)

21.6%

17.6%

13th

11.6%

9.9%

4.7%

Total Assets

Rp193.7 tn

2.8%

1.5%

Deposits Market Share (as of Sep 25)

MBI

19.4%

15.2%

12.4%

14th

9.6%

4.4%

2.9%

Rating Calls

idAAA PEFINDO

1.4%

MBI

Top 6

Top 6

Maybank Indonesia Footprint

Physical Footprint

275 22 661

Branches (incl. KCP Mobile ATM* including shariah and (Mobile Cash 26 Cash Recycle

Mumbai branch) Van) Machines (CRM)

Digital Footprint

Employee Strength

>105,000

M2U Active

Users

>3,900

M2E Active

Users

>6,200

Maybankers



Mandiri BRI BCA BNI BTN CIMBN

Mandiri BRI BCA BNI BTN CIMBN

* Connected with over 20,000 ATMS in ATM PRIMA, ATM BERSAMA, ALTO, CIRRUS network and connected to 3,500 Maybank ATMs in Singapore, Malaysia, and Brunei

^ Data as of Dec-25 or stated otherwise 5

# Active users are defined as those who transact regularly through digital platforms



Board of Commissioners



Dato' Khairussaleh Ramli

President Commissioner

Edwin Gerungan

Commissioner

Datuk Lim Hong Tat

Commissioner

Dato' Zulkiflee Abbas Abdul Hamid

Commissioner



Hendar

Independent Commissioner

Putut Eko Bayuseno

Independent Commissioner

Marina R. Tusin

Independent Commissioner

Daniel James Rompas

Independent Commissioner



Board of Directors



Steffano Ridwan

President Director

Irvandi Ferizal

Director

Effendi

Director

Widya Permana

Director

Ricky Antariksa

Director



Bambang Andri Irawan

Director

Yessika Effendi

Director

Romy Hardiansyah

Director

Shaiful Adhli Yazid

Director

Bianto Surodjo

Director

Table of Contents

2

2

Macroeconomics

Maybank Indonesia in Brief

Executive Summary

Results Overview

Shariah Business Unit

13

8

Digital

20

25

20

Banking

16

18

29

23

Subsidiaries Sustainability

Awards and Events Highlights

38

33

30

25



8

4

2



Summary Highlights

Profit Before Tax & Minority Interest

Rp billion

▲ 38.9%

Net Interest Income (NII)

Rp billion

▲ 1.6%

FY 2025 vs FY 2024

Profit before tax recorded at Rp2.2 trillion FY 2025

Dec-24

2,223

1,600

Dec-25

7,105

Dec-24

7,222

Dec-25

The Bank recorded a 38.9% Non-Interest Income (NoII)

Rp billion

Net Interest Margin (NIM) rise in PBT and a 48.5% increase in PATAMI. The increase in PBT and PATAMI in FY25 were driven by better cost management and

2,152

Dec-24

▲ 8.1%

2,327

Dec-25

4.37%

Dec-24

▼ 0.06%

4.31%

Dec-25

continued reduction in loan Operating Expense Provision

Rp billion Rp billion

1,369

976

loss provisions.

6,300

▲ 2.4%

6,449

▼ 28.7%

* All numbers are based on Consolidated Financial Statements which are in accordance with accounting classification unless otherwise stated. The classifications differ from published results which are in accordance with OJK's classification.

^ All growth percentages noted are on year-on-year (YoY) basis unless otherwise stated

Dec-24

Dec-25

Dec-24

Dec-25

9



Loan & Deposit Growth

Loan Deposit

  • Total outstanding loans slightly decreased by 3.1% YoY to Rp123.6 trillion, following portfolio rebalancing.

  • Total customer deposits decreased by 2.4% YoY backed by 12.1% decrease in time deposit.

    GIL NPL

    3.90%

    Dec-24

    2.68%

    ▼ 0.03%

    ▼ 0.51%

    3.87%

    Dec-25

    2.17%

    CASA Ratio

    52.86%

    Dec-24

    LDR

    101.85%

    89.84%

    Rp billion

    127,581

    ▼ 3.1%

    123,637

    Dec-24

    Dec-25

    Rp billion

    ▼ 2.4%

    119,004

    116,194

    Dec-24

    Dec-25

    ▲ 4.69%

    ▲ 1.77%

    ▲ 0.47%

    57.55%

    Dec-25

    103.62%

    90.31%

    • All growth percentages noted are on year-on-year (YoY) basis unless

      Dec-24

      Dec-25

      Dec-24

      Dec-25

      otherwise stated

      LDR (Consolidated)

      LDR (Bank Only) 10





      Shariah Business Unit

  • Shariah recorded a surge of 104.0% in PBT driven by stronger revenue and disciplined cost management.

  • Shariah financing under Community Financial Services (CFS) grew 10.6% to

    Asset

    Rp trillion

    43.0

    Dec-24

    ▲ 2.7%

    44.1

    Dec-25

    Financing

    Rp trillion

    31.7

    30.5

    Dec-24

    Dec-25

    ▼ 3.9%

    Rp22.6 trillion. Non-retail financing

    CASA NPF

    increased 8.1%, meanwhile retail financing rose 13.5%.

  • Shariah's CASA increased 5.5% to Rp21.3 trillion, supported by a 13.8% increase in Current Accounts netoff by 1.8% decrease in Savings Accounts. Time Deposits decreased 29.9%, in line with the Bank's strategy to strengthen efficient funding.

    • All growth percentages noted are on year-on-year (YoY) basis unless otherwise stated

      Rp trillion

      20.2

      Dec-24

      ▲ 5.5%

      21.3

      Dec-25

      2.21%

      Dec-24

      ▼ 0.04%

      2.17%

      Financing to Deposit Ratio (FDR) stood at an optimum level of 91.89% in Dec-25 from 83.59% in Dec-24.

      Dec-25

      11



      Subsidiaries

  • Maybank Finance's four-wheeled financing grew 6.7% to Rp8.5 trillion, despite challenging automotive industry sales.

  • Amid a slowdown in the automotive market, WOM Finance's financing recorded an

Maybank Finance PBT

Rp billion

▲ 2.1%

581

Dec-24

Maybank Finance Financing

Rp billion

593

Dec-25

WOM Finance PBT

Rp billion

329 ▼ 46.9%

175

Dec-24 Dec-25

WOM Finance Financing

Rp billion

increase of 8.8% to

Rp6.7 trillion.

7,944

▲ 6.7%

8,480

6,205

▲ 8.8%

6,748

Dec-24

Dec-25

Dec-24

Dec-25

  • All growth percentages noted are on year-on-year (YoY) basis unless

otherwise stated 12



Table of Contents

Macroeconomics

2

8

2

13

8

4

2

Maybank Indonesia in Brief

Executive Summary

Results Overview

18

16

Shariah Business Unit

23

Digital

20

25

20

Banking

29

Subsidiaries Sustainability

Awards and Events Highlights

38

33

30

25





Income Statement - Consolidated

Rp billion

FY 2025

FY 2024

YoY

4Q 2025

3Q 2025

QoQ

4Q 2024

YoY

Interest Income Interest Expense

Net Interest Income

13,206

(5,984)

7,222

13,062

(5,957)

7,105

1.1%

0.5%

1.6%

3,242

(1,394)

1,848

3,327

(1,528)

1,799

-2.6%

-8.8%

2.7%

3,407

(1,631)

1,776

-4.8%

-14.5%

4.0%

GM-related Non GM-related

Non Interest Income

441

1,885

2,327

(102)

2,254

2,152

533.4%

-16.4%

8.1%

141

606

748

122

482

604

16.0%

25.8%

23.8%

(44)

769

725

421.6%

-21.2%

3.0%

Gross Operating Income

9,549

9,258

3.1%

2,596

2,403

8.0%

2,502

3.8%

Personnel

General & Administrative

Operating Expenses

(3,265)

(3,184)

(6,449)

(3,245)

(3,055)

(6,300)

0.6%

4.2%

2.4%

(807)

(742)

(1,549)

(750)

(837)

(1,586)

7.6%

-11.4%

-2.4%

(759)

(781)

(1,540)

6.3%

-5.0%

0.6%

Operating Income before Provisions

Provisions

Operating Income After Provision

Non Operating Income

Profit Before Tax & Minority Interest

3,099

(976)

2,123

100

2,223

2,958

(1,369)

1,589

12

1,600

4.8%

-28.7%

33.6%

755.4%

38.9%

1,047

(199)

848

74

923

817

(285)

531

3

534

28.3%

-30.2%

59.7%

2440.9%

72.7%

962

(226)

736

19

755

8.9%

-11.7%

15.2%

288.2%

22.1%

Tax & Minority Interest

(565)

(484)

16.7%

(255)

(121)

111.2%

(198)

28.8%

Profit After Tax & Minority Interest (PATAMI)

1,657

1,116

48.5%

668

414

61.5%

558

19.7%



Maintain disciplined pricing to drive margin forward

NII & NIM NoII Composition

4.37% 4.31%

7,105 7,222

23.25%

24.37%

▲ 1.6%

NII (Rp bn) NIM (%)

2,152 2,327

1,240

1,070

360

369

124

350

92

455

645

▲ 8.2%

Total

Recovery Forex MS

Fee & commissions other than loans

Others

Dec-24 Dec-25

(226)

Dec-24 Dec-25

NoII to Total Income (%)

Net interest income (NII) increased by 1.6% while non-interest income (NoII) rose 8.2%, backed by a turnaround in Global Markets income amounting to Rp441 billion, recovery income, and wealth management.



Accelerating portfolio growth across high-value segments: SMEs, Large Local Corporates & Retail

Loans by Currency Loans Portfolio Breakdown

16%

Dec-24

84%

15%

Dec-25

85%

Rp trillion

Dec-25

Sep-25 Dec-24

YoY QoQ

Composition

Global Banking

36.5

34.4 44.7

-18.4% 6.1%

29.5%

CFS

87.2

86.1 82.9

5.2% 1.3%

70.5%

CFS Non-Retail

38.8

38.4 36.9

5.2% 0.9%

31.4%

Business Banking

16.5

15.8 14.8

11.6% 4.1%

13.3%

SME+

6.7

6.4 6.3

6.6% 3.9%

5.4%

RSME

15.6

16.2 15.8

-1.3% -3.3%

12.6%

CFS Retail

48.4

47.6 46.0

5.2% 1.6%

39.1%

Auto Loan

26.6

26.0 24.5

8.6% 2.5%

21.5%

WOM

6.7

6.5 6.2

8.8% 3.5%

5.5%

MIF

19.8

19.4 18.3

8.6% 2.1%

16.1%

Mortgage

17.0

17.0 16.9

0.2% -0.1%

13.7%

Unsecured Loans

4.2

4.1 4.0

5.4% 3.0%

3.4%

Others

0.6

0.6 0.6

1.0% 0.6%

0.5%

Total

123.6

120.4 127.6

-3.1% 2.7%

100.0%

Rupiah Foreign Exchange

Loans by Segment

35%

Dec-24

65%

29%

Dec-25

71%

GB CFS

* Unsecured Loans consists of Credit Card and Personal Loans



Portfolio recalibration & rebalancing maintains sound asset quality

Special Mention Loans Special Mention Loans by Segment

2.87%

3.34% 3.51% 3.37%



3.04%

0.67%

0.78%

0.90%

0.80%

0.73%

4.97%

5.70%

5.98%

5.48%

5.16%

2.58% 3.03% 3.08% 3.37% 2.73%

GB

CFS Retail

CFS Non-Retail

Dec-24 Mar-25 Jun-25 Sep-25 Dec-25

NPL

Dec-24 Mar-25 Jun-25 Sep-25 Dec-25

Gross NPL by Segment

2.68%

2.35%

2.35%

2.43%

2.17%



1.42% 1.49% 1.45% 1.46% 1.31%

Dec-24 Mar-25 Jun-25 Sep-25 Dec-25

Gross

Net

5.27% 4.91% 4.81% 4.84%

0.00%

0.00%

0.00%

0.00%

1.07%

4.39%

1.95% 1.97% 2.03% 2.02% 1.90%

Dec-24 Mar-25 Jun-25 Sep-25 Dec-25

GB

CFS Retail

CFS Non-Retail



CASA improved by 6.3% to strengthen efficient funding

25%

Dec-24

75%

26%

Dec-25

74%

Customer Deposits by Business Segment

Global Banking

CFS

33%

47%

Dec-24

20%

43%

38%

Dec-25

19%

Customer Deposits by Type







Current Account

Saving Account

Time Deposit

24%

Dec-25

76%

23%

Dec-24

77%

Customer Deposits by Currency

Foreign Currency

Rupiah

Customer Deposits Breakdown

Dec-25

Sep-25

Dec-24

YoY

QoQ

Composition

Current Account

44.3

44.8

39.6

12.0%

-0.9%

38.2%

Saving Account

22.5

23.8

23.3

-3.3%

-5.4%

19.4%

CASA

66.9

68.6

62.9

6.3%

-2.5%

57.6%

Time Deposit

49.3

62.6

56.1

-12.1%

-21.3%

42.4%

Total

116.2

131.2

119.0

-2.4%

-11.4%

100.0%

CASA Ratio

57.55%

52.26%

52.86%

4.69%

5.29%



Higher proportion of CASA supports funding stability and margin



resilience

Liquidity Indicators

56.23%

57.55%

CASA Ratio

52.86% 53.05%

52.26%

LDR LCR NSFR

101.85%

104.51%

102.00%

88.30%

103.62%

89.84% 91.98% 89.13% 77.51% 90.31%



LDR (Bank only) LDR (Consolidated)

185.35%

159.77%

142.85%

162.93%

176.20%

109.00% 106.21% 106.71% 124.05% 119.94%

Dec-24 Mar-25 Jun-25 Sep-25 Dec-25



Strong and sufficient capital position to support business growth

25.55% 25.66% 26.62% 27.07% 27.31%

24.39% 24.51% 25.45% 25.90% 26.14%

1.16% 1.15% 1.17% 1.17% 1.17%

30,256

30,643

30,697

31,472

32,265

118,398 119,416 115,321 116,275 118,140

CAR

Tier I

Tier II

Risk Weighted Asset

(Rp billion)

Total Capital (Rp billion)

Dec-24 Mar-25 Jun-25 Sep-25 Dec-25

Company analysis