16,252,572,600 II 7,080,760,733 21,924 7.50 3.95 2015Q4 Analysts Meeting a

∆ fro : IPO Dec 31, 2014 BMRI 1,236.60 -17.63 JCI 761.97 -13.47 -200 200

400 600

800 1000

1200 1400

1600 1800

D e c -03 J un -04 D e c -04 J un -05 D e c -05 J un -06 D e c -06 J un -07 D e c -07 J un -08 D e c -08 J un -09 D e c -09 J un -10 D e c -10 J un -11 D e c -11 J un -12 D e c -12 J un -13 D e c -13 J un -14 D e c -14 J un -15 D e c -15 BMRI JCI No. of Investor No. of shares I DOMESTIC 1. Government of RI 1 0.00 14,000,000,000 60.00 2. Retail 17,977 82.00 263,459,960 1.13 3. Employees 1,816 8.28 22,727,018 0.10 4. Cooperatives 8 0.04 1,426,656 0.01 5. Foundation 29 0.13 21,268,745 0.09 6. Pension Funds 195 0.89 183,054,830 0.78 7. Insurance 91 0.42 433,192,751 1.86 8. Banks - 0.00 - 0.00 9. Corporations 134 0.61 628,711,398 2.69 10. Mutual Funds 231 1.05 698,731,242 2.99 Total 20,482

93.42 16,252,572,600

69.65 II

INTERNATIONAL 1. Retail 98 0.45 1,053,749 0.00 2. Institutional 1,344 6.13 7,079,706,984 30.34 Total 1,442

6.58 7,080,760,733

30.35 21,924

100.00 23,333,333,333 100.00 No. Description By 31 December 2015 III TOTAL 2 Results Overview Page  I do esia s Eco o ic Co ditio 3  FY 2015 Highlights 4  Key Indicators + Financial Highlights 5 – 6  SBU Performance Highlights 7  Ba k s Pe fo a ce 8 – 11  Loan Performance 12 – 14  ROE NIM 15 – 16  Fee-Based CIR 17 – 18  Wholesale Business 19 – 21  Retail Business 22 – 28  NPL Movement 29 – 32  Subsidiaries 33 – 34  Targets Initiatives 35 Additional Information Operating Performance Highlights Supporting Materials Core inflation remains stable and headline inflation expected to drop The Current Account Deficit is improving through 4Q15 3 Source : CEIC, Bloomberg GDP expansion remains below the historical average and under pressure 2 4 6 8 10 12 14 16 18 20 D e c- 6 D e c- 7 D e c- 8 D e c- 9 D e c- 1 D e c- 1 1 D e c- 1 2 D e c- 1 3 D e c- 1 4 D e c- 1 5 Headline inflation YoY Core inflation YoY BI rate 10 5 - 5 10 15 15 10 5 - 5 10 15 20 1 Q 1 2 Q 1 3 Q 1 4 Q 1 1 Q 1 1 2 Q 1 1 3 Q 1 1 4 Q 1 1 1 Q 1 2 2 Q 1 2 3 Q 1 2 4 Q 1 2 1 Q 1 3 2 Q 1 3 3 Q 1 3 4 Q 1 3 1 Q 1 4 2 Q 1 4 3 Q 1 4 4 Q 1 4 1 Q 1 5 2 Q 1 5 3 Q 1 5 Capital and Financial Account Current Account CA BoP 4 4.5 5 5.5 6 6.5 7 7.5 8 8.5 9 1 Q 6 4 Q 6 3 Q 7 2 Q 8 1 Q 9 4 Q 9 3 Q 1 2 Q 1 1 1 Q 1 2 4 Q 1 2 3 Q 1 3 2 Q 1 4 1 Q 1 5 4 Q 1 5

5.04 7.50

3.35 3.95

5.82 Cash Management • 15,101 Customers • 61.6 Mn Trx in 2015 2 4 Admired Financial Institution Retail Loans 1 • Rp 175.2 Tn • 32.7 of Loans • High yield loan amounting Rp 114.8 Tn Subsidiary Income • Total Rp 2.07 Tn • Sum of income from 11 subsidiaries 10.2 of EAT Alliances • Bank Guarantee: Rp 34.7 Tn •Foreign Exchange: Rp 16.4 Tn •Fund Under Management FUM: Rp 3.6 Tn e-Channel Tx •2.1 Bn Trx • 16.6 YoY Growth of Cards Issued • Credit 3.97 Mn • Debit 13.25 Mn • Prepaid 6.66 Mn 1 Small Business, Micro and Consumers 2 Excluding Mandiri Transaction System 3 Incl. KSM Centre, MMU Cash outlet and MobilMU of Accounts • Deposit 16.92 Mn • Loan 1.62 Mn including mortgage accounts of 162,673 of new Accounts YTD • Deposit 4.14 Mn • Loan 609,336 of Outlets 2,457 Branches 3,100 Micro Outlets 3 17,388 ATMs K e y In d ic a to rs R e m ai n S tab le 22.10 24.40 22.00 22.55 22.23 20.95 18.33 2009 2010 2011 2012 2013 2014 2015 R e tu rn o n E q u it y To tal C A SA R p B n N o n P e rf o rm in g L o an 186,492 201,958 256,395 316,127 359,957 380,512 443,874 2009 2010 2011 2012 2013 2014 2015 2.79 2.42 2.21 1.87 1.90 2.15 2.60 2009 2010 2011 2012 2013 2014 2015 7,155 9,218 12,246 15,504 18,204 19,872 20,335 2009 2010 2011 2012 2013 2014 2015 E ar n in g A ft e r Ta x R p B n 198,547 246,201 314,381 388,830 472,435 529,973 2009 2010 2011 2012 2013 2014 To tal L o an s R p B n N e t In te re st Mar g in 5.04 5.28 5.11 5.46 5.74 5.97 2009 2010 2011 2012 2013 2014 6 Ba k Ma di i s FY 2015 performance across several key indicators: FY FY  Loans Rp 529.97Tn Rp 595.46Tn 12.4 Gross NPL Ratio Net NPL Ratio 2.15 0.81 2.60 0.90 21.1 11.5 Low Cost Funds Ratio [Low Cost Funds Rp] 59.8 Rp 380.5Tn 65.6 Rp 443.9 Tn 9.8 16.7 NIM 5.97 6.08 1.7 Efficiency Ratio 44.9 43.0 4.3 Earnings After Tax Rp 19,872Bn Rp 20,335 Bn 2.3 7 768 1,057 1,154 847 1,853 152 893 409 2,350 1,426 Treasury and Markets Corporate Banking Commercial Banking Consumer Banking Micro and Business Banking Asset Spread Liability Spread Net Interest Income Analysis 4Q 2015 Rp Bn Net Interest Income Fee Based Income 4Q 2015 Rp Bn 529 1,336 191 440 1,050 Micro and Business Banking Consumer Banking Commercial Banking Corporate Banking Treasury and Markets Notes : Due to reorganization of Bank Mandiri, we cannot provide the historical data from the previous years 920 3,197 1,950 1,563 3,279 Deposits by Product – Consolidated Rp Tn Loans by SBU + Subsidiaries Rp Tn 9 7 .1 1 2 .9 1 8 .8 1 2 1 .9 1 1 9 .8 1 2 6 .5 1 3 5 .4 1 5 1 .8 1 5 .4 1 5 9 .9 1 6 6 .2 1 8 6 .9 1 7 9 .9 1 8 9 .8 1 9 8 .8 2 1 4 .7 2 1 .9 2 3 .0 2 8 .0 2 2 7 .7 2 7 .3 2 1 1 .0 2 1 8 .1 2 4 3 .7 9.910.8 11.6 11.612.312.7 12.2 12.013.4 13.614.0 15.315.816.8 19.0 20.7 22.123.222.3 24.7 23.325.4 29.4 28.0 4 7 .8 5 .3 3 9 .9 4 6 .2 4 5 .3 4 7 .9 4 9 .4 6 7 .3 7 5 .0 5 9 .0 6 3 .0 7 7 .9 6 1 .2 7 4 .6 6 3 .9 7 3 .4 6 7 .2 7 4 .2 7 9 .6 7 8 .9 8 3 .4 9 1 .7 9 .7 1 1 .2 22.0 23.122.9 22.225.422.3 24.0 25.3 28.228.028.5 36.1 33.3 38.549.2 51.1 43.545.0 52.0 49.1 58.1 75.8 77.6 70.9 1 2 4 .4 1 2 7 .8 1 2 7 .0 1 4 7 .8 1 4 3 .5 1 4 .8 1 4 .0 1 4 8 .1 1 2 .8 1 3 7 .5 1 3 8 .9 1 5 .7 1 5 2 .8 1 5 3 .7 1 5 5 .2 1 7 6 .2 1 7 6 .9 1 9 .0 2 1 .6 2 2 2 .3 2 2 6 .2 2 2 .5 2 1 2 .1 2 6 .3 11.8 11.711.1 12.510.312.4 15.3 17.8 15.6 20.3 20.4 16.1 24.0 29.0 28.2 20.1 20.0 20.5 27.5 33.730.5 30.526.6 26.2 20 40 60 80 100 120 140 160 180 200 220 240 260 280 300 320 340 360 380 400 420 440 460 480 500 520 540 560 580 600 620 640 660 680 1 Q 1 2 Q 1 3 Q 1 4 Q 1 1 Q 1 1 2 Q 1 1 3 Q 1 1 4 Q 1 1 1 Q 1 2 2 Q 1 2 3 Q 1 2 4 Q 1 2 1 Q 1 3 2 Q 1 3 3 Q 1 3 4 Q 1 3 1 Q 1 4 2 Q 1 4 3 Q 1 4 4 Q 1 4 1 Q 1 5 2 Q 1 5 3 Q 1 5 4 Q 1 5 FX Time Rp Time FX Demand Rp Demand FX Savings Rp Savings 7 4 .5 8 .7 8 4 .2 8 5 .4 8 5 .1 9 6 .2 1 3 .2 1 6 .2 1 1 3 .0 1 1 9 .2 1 2 3 .2 1 2 6 .3 1 2 4 .7 1 4 6 .9 1 5 5 .2 1 6 3 .7 1 6 .8 1 6 1 .3 1 7 1 .9 1 7 2 .1 1 7 .7 1 7 6 .8 1 8 .9 1 9 6 .6 0.2 0.4 1.3 1.4 1.6 1.5 1.7 1.4 1.3 1.5 1.6 1.8 1.6 1.5 1.7 2.0 2.3 1.3 1.3 1.3 0.8 1.0 0.9 1.4 4 9 .1 5 3 .1 5 7 .5 6 3 .8 6 4 .7 7 .1 7 4 .7 8 .7 8 2 .5 8 9 .8 9 3 .3 1 2 .7 1 2 .0 1 4 .2 1 1 1 .0 1 1 6 .9 1 1 6 .3 1 2 3 .7 1 2 7 .7 1 4 2 .8 1 4 5 .1 1 4 8 .9 1 4 9 .4 1 6 .6 24.7 26.7 28.630.7 32.4 34.3 36.3 39.0 40.7 43.344.5 47.749.3 52.4 55.2 56.6 57.4 60.3 62.4 64.7 65.767.7 69.5 72.3 17.7 19.3 20.5 22.723.3 25.8 27.6 30.2 30.9 33.1 35.0 38.438.4 42.5 43.7 46.5 46.3 49.0 52.0 56.055.3 57.9 57.9 60.5 5.6 6.0 6.5 7.3 7.7 8.5 9.5 11.8 13.1 15.1 16.8 19.0 20.7 23.9 24.9 27.0 28.2 31.0 32.7 34.6 37.2 39.7 40.0 42.5 9.7 9.1 8.6 7.8 6.7 6.1 6.1 4.6 4.8 4.8 4.9 4.0 3.9 3.9 4.2 4.2 3.9

3.9 3.8

3.7 3.8 3.8 4.1 2.2 20.4 22.7 24.6 27.230.3 34.2 38.4 40.5 40.9 43.6 46.0 48.9 50.9 53.5 54.9 55.5 55.355.5 54.6 54.7 54.3 57.0 57.9 59.4 20 40 60 80 100 120 140 160 180 200 220 240 260 280 300 320 340 360 380 400 420 440 460 480 500 520 540 560 580 600 1 Q 1 2 Q 1 3 Q 1 4 Q 1 1 Q 1 1 2 Q 1 1 3 Q 1 1 4 Q 1 1 1 Q 1 2 2 Q 1 2 3 Q 1 2 4 Q 1 2 1 Q 1 3 2 Q 1 3 3 Q 1 3 4 Q 1 3 1 Q 1 4 2 Q 1 4 3 Q 1 4 4 Q 1 4 1 Q 1 5 2 Q 1 5 3 Q 1 5 4 Q 1 5 Subsidiaries Recovery Micro Small Cons Comm Intl Corp Y-o-Y  22.4 7.2 44.6 28.4 7.0 Y-o-Y  41.4 7.9 12.5 14.2 Loans from Treasury International have been reallocated to Corporate following the reorganization in early 2010 6.9 13.3 12.4 595.5 Tn Total Total 636.4 Tn 676.3 Tn 6.3 8.6 8 530.0 Tn 11.7 22.9 9 1 Fee-Based Provision, Commission Fee 2 Excluding Mandiri Transaction System Deepen Client Relationship Accelerate Growth Segment Wholesale Strategy Group-wide Strategy Retail Strategy Integrate The Group Integrated Wholesale Transaction Bank Holistic Product Suite Sector-Led Solutions Through Expertise-led Client Solutions Cross-Border Coverage Supporting Clients’ Regional Needs Current Achievments FY 2015  Total Wholesales Fees Rp 2.6 Tn 1  Total Wholesale Low Cost Deposits Rp 140.3 Tn.  Growth of Cash Management Transaction 21.1.7 2. Culture of Cross-Selling across Wholesale, Retail and Subsidiaries Engaging in Integrated Retail Initiatives with Subsidiaries and Business Units to Drive Cross-Selling Current Achievments FY 2015 Micro Easy Access Simple Products SME One-Stop Sales Service Individual Growing with our Customers Current Achievements FY 2015  Total Retail Fees of Rp 7.0 Tn 1  Total Retail Low-Cost Funds Rp 272.4 Tn  YoY increase in E-Channel transaction : 16.6  Mandiri Business Saving reaches Rp 108.5 Tn V V V V V  Volume of Business Alliances :  Bank Guarantee : Rp 34.7Tn.  Foreign Exchange : Rp 16.4Tn.  FUM : Rp 3.6 Tn  Income Alliance Wholesale = 49.2  Auto 2 W Loan : 325 Bn  Credit Cards : 359,111 10 Assets 4Q 2015 4Q 2014 Liabilities 4Q 2015 4Q 2014 Cash 25,109 20,705 Current Account 172,166 128,067 Current Acc w BI Other Banks 66,470 59,586 Savings 271,708 252,445 Placement w BI Other banks 37,388 61,213 Time Deposits 232,514 255,870 Advances Other 26,945 26,423 Marketable Securities 43,951 40,767 Total Deposits 676,387 636,382 Government Bonds 103,869 86,154 Loans Gross 595,458 529,974 Securities Issued 2,398 2,010 Provisions of Loans 22,558 17,919 Deposits from other banks 12,954 17,774 Net Loans 572,899 512,055 Borrowings 33,765 24,227 Reverse Repo 677 19,787 Other Int. Bearing Liabilities 12,787 14,427 Other Provisions 2,224 2,139 Non Int. Bearing Liabilities 52,281 55,375 Deferred Tax Assets 4,835 4,189 Equity incl. Minority Interest 119,492 104,845 Other Assets 30,145 26,301 Total 910,063 855,040 Total 910,063 855,040 11 Summary PL Rp Bn 4Q 2015 3Q 2015 4Q 2014 FY 2015 FY 2014 FY Y-o-Y 4Q Y-o-Y Q-o-Q Interest Income 18,933 18,066 17,363 71,570 62,638 14.3 9.0 4.8 Interest Expense 6,022 6,814 6,536 26,207 23,506 11.5 7.9 11.6 Net Interest Income 12,911 11,252 10,827 45,363 39,132

15.9 19.3