Presentation to Investors (Financial Results Q1 2025) (LPKR 1Q25 Corporate Presentation)

1Q25 Corporate Presentation

7 May 2025

To be a leading real estate and healthcare company in Asia, advancing the wellbeing of those we serve.

1. To win the hearts and minds of our customers through quality homes,

   healthcare and lifestyle offerings, as well as people-centric services.

2. To build a talent-driven organization

   that prides itself on operational

   excellence and bringing out the best in our people.

3. To embrace innovation and technology in the constant pursuit of developing

   better products and processes.

4. To inspire our customers,

   communities, and partners towards a

   more sustainable future.

   AGILITY

   • Thrive in dynamic environments and anticipate change.

   • Innovate and capitalize on new opportunities.

     CUSTOMER FOCUS

   • Put the customer first in every aspect of our business.

   • Go the extra mile to earn customer trust and loyalty.

     EXCELLENCE

   • Strive to be the best and uphold the highest standards of quality without compromise.

   • Unleash the full potential of our talent to deliver outstanding performance.

     STEWARDSHIP

   • Be responsible for our resources, environment and communities.

   • Create lasting, positive impact for all stakeholders in our ecosystem.

Leader in Fully Integrated Estate Operations - Scale, Integration and Financial Discipline:

Total Revenue: IDR 2.06tn in 1Q25 Total Assets: IDR 51 tn in 1Q25 Total Equity: IDR 31 tn in 1Q25

Widespread presence in 56 cities and 26 provinces across Indonesia

Revenue breakdown: 84% Real Estate, 16%

Lifestyle business (as of 1Q25)

Real Estate

Large landbank and strong growth in marketing sales that is expected to remain elevated in coming years, generating positive cashflow

End-to-end revenue streams:

• Real Estate Development

• Township Management

• Water treatment and other supporting services

80+ property development projects for sale

371 ha landbank in Lippo Village 474 ha landbank in Lippo Cikarang 343 ha landbank in Tanjung Bunga 192 ha landbank in various locations

Lifestyle

Malls, hotels, and ancillary business assets that are profitable and supplement the main business by providing regular dividend income

Wide range of business portfolio:

• Malls

• Hospitality

• Food catering, parking, and other ancillary businesses

59 managed malls

10 hotels

17 provinces

2.5+ million m2 mall NLA

260+ millions annual mall visitors

Healthcare

Investment in the largest hospital operator in Indonesia, delivering clinical excellence and access to healthcare

Complete healthcare service offerings:

• Hospitals

• Clinics

• Digital healthcare, homecare, and other supporting services

41 hospitals

73 clinics

23 provinces

4,423 GPs, specialists, dentists

9,759 nurses and medical professionals

Healthcare

• SILO has yet to publish its 1Q25 financial results, pending completion of the limited review process.

Real Estate

• 1Q25 Marketing Sales reached IDR 1.26tn, achieving 20% of the FY25 target, reflecting resilient demand across key projects for affordable landed house across multiple regions.

• Revenue grew 39% YoY to IDR 1.74tn, supported by early handovers of residential and commercial units, while

remained stable at IDR

EBITDA

321bn,

highlighting in time project deliveries.

• New product launches, such as Park Serpong Phase 4 and Blackslate Series in Tanjung Bunga, recorded strong take-up rates of 96% and 88% respectively, driving continued sales momentum and reinforcing strong end-user interest in affordable landed housing.

Lifestyle

• Lifestyle revenue rose 13% YoY to IDR 322bn, while EBITDA increased 59% YoY to IDR 106bn, driven by stronger tenant leasing momentum and continued cost optimization initiatives across mall and hotel operations.

• Mall footfall averaged over 11 million visitors per month, marking an 8% YoY increase, while mall occupancy improved to 82.2%, up 3% YoY, reflecting stronger retail recovery and higher tenant demand across major locations.

• Average hotel room rates rose 8% YoY to IDR 641k, surpassing pre-pandemic levels, although average hotel occupancy softened slightly to 54% amid a transitional market environment following seasonal holidays.

Revenue EBITDA

(in IDR bn) (in IDR bn)

+39%

0%

0%

+31%

-7%

+1%

+5%

-5%

4,563 1,143

489

1

2,064

1,574 (1)

(2,989)

395

1

3

375

(748)

(25)

1Q24

SILO

1Q24

Real Estate

Lifestyle Holdco 1Q25

1Q24

SILO

1Q24

Real Estate

Lifestyle Holdco 1Q25

Statutory Deconsolidation

Proforma1

Development

Statutory

Statutory Deconsolidation

Proforma1

Development

Statutory

• On a like-for-like basis, LPKR delivered proforma revenue growth of 31% YoY in 1Q25, driven by 39% YoY increase in Real Estate Development revenue, supported by (i) early handovers of the Park Serpong and Cendana Essence in Karawaci, as well as Cendana Spark and Waterfront in Cikarang, and (ii) stronger performance from the Town Management business.

• LPKR recorded EBITDA of IDR 375bn in 1Q25, sightly down by 5% YoY on a like-for-like basis. The decline was primarily driven by lower margins in the Real Estate segment, due to a different product mix. Meanwhile, the Lifestyle segment delivered positive EBITDA growth, underscoring the strength and resilience of LPKR's diversified business model.