2.41 18.8 17.4 23.1 22.3 18.4 16.2 16.4 17.2 15.2 13.1 13.5 14.2 11.2 10.2 14.4 3.30 35.61 Mandiri - Investor Relations - Corporate Presentations

Non-Performing Loans by Segment Excluding loans to other banks NPLs 3Q  NPLs Rp tn Rp tn Corporate 3.19 0.40 1.72 Commercial 3.80 1.37 2.54 Small 2.28 0.22 3.94 Micro 1.48 0.11 3.70 Consumer 1.39 0.08 2.00 Total 12.15

2.17 2.41

30 Movement by Customer Segment Rp Bn Movement by Customer Segment Rp Bn 9.97 0.16 3.72 0.21 1.72 0.55 12.15 2Q 15 UG to PL DG to NPL Payment Write-Offs Other 3Q 15 Non-Performing Loan Movements Rp Tn – Bank-Only 669 468 - 1,423 38 62 756 412 29 632 411 70 243 395 - 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 UG to PL DG to NPL WO Corp Comm Small Micro Cons 31 Total Loans originated since 2005 Net Upgrades Downgrades 3Q 2015 Details Loan Background 3 Q 15 Balance Rp Bn 3Q 2013 4Q 2013 1Q 2014 2Q 2014 3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015 DG to NPL UG to PL Corporate 178,042 0.00 0.00 0.10 - - 0.06 - 0.11 0.38 0.38 - Commercial 143,599 0.10 0.01 0.08 0.04 0.12 0.37 0.13 0.95 0.83 0.83 - Small 54,938 1.05 0.64 0.97 0.70 0.45 0.31 1.29 1.17 1.24 1.35 0.11 Micro 39,976 1.18 0.89 1.16 1.26 1.19 0.83 1.25 1.37 1.50 1.57 0.07 Consumer 69,277 0.17 0.07 0.35 0.20 0.20 0.09 0.28 0.23 0.25 0.35 0.10 Total 485,833 0.25 0.13 0.30 0.21 0.20 0.25 0.33 0.60 0.68 0.72 0.03 downgrades and upgrades are quarterly figures R es tru ctu red Loans

19.4 18.8

18.6 17.4

20.3 23.1

21.5 22.3

21.7 18.4

16.9 16.2

16.6 16.4

16.2 17.2

17.1 17.1

15.3 15.2

14.3 13.1

13.6 13.5

13.5 14.2

13.9 14.0

11.7 11.7

12.0 12.5

12.7 11.2

11.5 10.2

11.8 14.4

20.9 26.4

5 .0 10 .0 15 .0 20 .0 25 .0 30 .0 4Q 05 1Q 06 2Q 06 3Q 06 4Q 06 1Q 07 2Q 07 3Q 07 4Q 07 1Q 08 2Q 08 3Q 08 4Q 08 1Q 09 2Q 09 3Q 09 4Q 09 1Q 10 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 3Q 11 4Q 11 1Q 12 2Q 12 3Q 12 4Q 12 1Q 13 2Q 13 3Q 13 4Q 13 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 2Q 15 3Q 15 Rest ruct ured Loans Do wngr ad e to No n -P erf or m ing Af ter b ei n g R es tru ctu red 14 .9 17 .2 16 .2

13.0 12.8

17 .6 .8 .2 3 .9 .2 5 .5 5 .7 .0 2 .0 4 .0 6 .0 8 .0 10 .0 12 .0 14.0

16.0 18

.0 20 .0 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 N PL in Res tru ctu re d Lo an DG to N PL Af ter Be in g Re stru ctu re d 33 Total Assets Rp67.1 Tn Bond Trading Volume Rp49.5 tn Total Assets Rp19.5 Tn Total Loans Rp1.2 Tn Total Financing Rp11.9 Tn Total Financing Rp50.6 Tn Equity FI Underwriting Rp7.7 tn Annual FYP Rp2,283 Bn Net Interest Margin 10.1 Net Interest Margin 3.43 Total Deposits Rp59.7 Tn Equity Trading Volume Rp83.7 tn ROA 5.4 ROA 1.78 ROA 5.19 ROE 4.10 ROE 3.8 ROE 67.0 ROE 5.26 ROE 30.1 • Remains the leader in syariah financing • Capital injection program over 3 years • Cross-selling syariah products to Mandiri customers • Expansion of business to fully utilize current capital base • Cross-sell capital market services to broad range of Mandiri customers • Refocus business toward higher fee income • Providing end-to-end bank assurance business • Continue to build cross-sell opportunities in various segments • Bancassurance products to complete our suite of consumer offerings • Enhancing operating model • Improving risk management systems and IT • Improving productivity • Pe et ate Ba k Ma di i s network and customer base to develop the multifinance segment with a strong focus on new 4 wheel vehicles. Investment Banking Syariah Banking Insurance Niche Banking Multi-Finance AXA Man di ri Fi nan ci al Servi ces Performance 90 245 235 171 183 237 255 258 234 262 259 298 270 269 256 348 297 316 308 360 274 247 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 3Q 11 4Q 11 1Q 12 2Q 12 3Q 12 4Q 12 1Q 13 2Q 13 3Q 13 4Q 13 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 2Q 15 3Q 15 Ne t Pr of it A ft e r Ta x R p Bn A n n u a l Fi rs t Ye a r Pr e m iu m AF YP Rp Bn of P ol icy H ol d e rs 599 549 673 820 742 769 946 796 892 712 667 695 850 726 774 611 832 874 648 648 816 719 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 3Q 11 4Q 11 1Q 12 2Q 12 3Q 12 4Q 12 1Q 13 2Q 13 3Q 13 4Q 13 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 2Q 15 3Q 15 810,604 892,582 1,518,536 1,602,778 1,638,543 1,695,242 1,744,124 1,790,508 1,858,702 1,878,121 1,918,703 1,966,698 2,032,635 2,122,563 2,216,648 2,354,395 2,479,161 2,656,672 2,961,906 3,162,354 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 3Q 11 4Q 11 1Q 12 2Q 12 3Q 12 4Q 12 1Q 13 2Q 13 3Q 13 4Q 13 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 2Q 15 3Q 15 -17 .73 Yo Y Gr o w th -21 .84 Yo Y Gr o w th 30 .44 Gr o w th 35 Contribute to the Insurance Portfolio Leveraging our institutional, corporate, commercial customers Providing solutions through our banking products to InHealth healthcare provider Cross-selling Mandiri products to InHealth members We have over 700 institutional, 300 corporate, and 1,700 commercial customers with the potential to become members of InHealth • InHealth has over 6,345 healthcare providers and recorded over Rp 697 Bn in claims year to date 2015 • Bank Mandiri will leverage the hospital network as I Health s partner to increase transactions through enhanced cash management products • Bank Mandiri also will provide retail packaged products for all the doctors as I Health s partner InHealth earned premium payments of Rp 1,146 Bn in 2015 year to date from clients. Going forward, Bank Mandiri will encourage the use of cash management products through Bank Mandiri s distribution channels and cross sell other products to over 868,232 InHealth members. 692 ,831 1 ,023 ,228 1 ,175 ,240 1 ,118 ,206 1 ,141 ,896 1 ,087 ,313 868 ,232 5,501 6,242 6,314 6,262 6,094 6,189 6,345 4,500 5,000 5,500 6,000 6,500 - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 2009 2010 2011 2012 2013 2014 9M 2015 Total Member of Providers 36 78 47 107 120 203 154 108 203 811 1,073 1,203 1,410 1,400 1,106 1,146 50 100 150 200 250 - 200 400 600 800 1,000 1,200 1,400 1,600 2009 2010 2011 2012 2013 2014 9M 2014 9M 2015 Profit Rp Bn GWP Rp Bn 2015 Target 9M 2015 Realization Gross Loan Growth YoY 11-13 10.7 Low Cost Deposits Rp 420 Tn Rp 416 Tn Net Interest Margins 5.80 5.81 Efficiency Ratio 45 43.10 Gross NPLs 2.5-3.0 2.81 Cost of Credit 1.9-2.1 2.07 of New ATMs 2,500 1,997 of New EDCs 40,000 24,085 of New Micro Outlets 300 220 of New Conventional Branches 50 68 36 37 Operating Performance Highlights 38 Performance to Date: 9M 2015 Rp Bn Strategies for 2015 1. Focusing on Anchor Clients and penetrating through using of Transaction Banking 2. Account Plan implementation for top 76 Corporate Banking Customers. 3. P o ide o e stop se i e solutio s fo usto e s t a sa tio s a d eate new business process to accelerate the execution of Account Plan including effective and responsive Complaint Handling. 4. Strengthen business alliance with Mandiri InHealth Mandiri DPLK to ease corporate customers to manage their needs in health insurance pension fund severance 3,604 1,805 972 491 5,890 153 6,043 39 1. Integrated Wholesale Transaction Banking. 2. Broaden product offering and services. 3. Acquire RMB License for Bank Mandiri Shanghai Branch. 4. Open new Distribution Channel in BMHK. 5. Increased capacity and business processes for distribution and retail brokerage. 6. New product innovations to improve alliances and synergies with Mandiri Group. 2,804 2,496 411 4,889 9 4,882 Performance to Date: 9M 2015 Rp Bn Strategies for 2015 Q3 2015 Q3 2014 Y-o-Y  Revenues 375 472 21 • Investment Banking 95 85 11 • Capital Market 196 242 19 • Proprietary -7 44 115 • Investment Mgt 91 101 9 Operating Expenses 313 312 1 Earnings After Tax 30 96 69 Equity Transactions – bn 83,660 100,130 16 SUN Transactions - bn 49,497 57,730 14 Equity Bonds Underwritten – bn 7,665 6,725 14 ROA 2.9 6.6 56 ROE 3.8 12.5 69 Rp Bn 40 41 1.Support Bank Ma di i s Wholesale Banking vision as an Integrated Wholesale Bank through sophisticated, customized and complete services leading to increased revenue through Wholesale Deposit generation and Fee Income. 2.Increasing profit and market share th ough i easi g e isti g usto e s share of wallet, increasing revenue from e usto e s a d a agi g NPL s. 3.Provide the best total business solutions for commercial customers by developing products and services including quality bundling of products, quick service and competitive pricing. 4.Effective Alliance in units based on customer base in Commercial segment, especially in developing value chain business. Performance to Date: 9M 2015 Rp Bn Strategies for 2015 4,616 863 742 341 5,880 1,857 4,023 42 Expanding Scope of Distribution, Q3 2015 Solid Stable Source of Low Cost Funds Product Q3 2015 Q3 2014 Growth Demand Deposit 30.49 99.29 42.51 Rupiah 17.04 4.66 45.66 FX 13.45 4.63 38.31 Saving Deposit 7.80 0.77 94.39 Total CASA 38.31 10.06 43.56 Total Funding 57.81 15.53 77.11 CASA Ratio = 66.27 Funding from Java Bali = 72.31 of total funding Sumatera Loans = Rp 24,0 tn Funds = Rp 9.5 tn Kalimantan Loans = Rp 8.2 tn Funds = Rp 3.9 tn Eastern Loans = Rp 4.8 tn Funds = Rp 2.6 tn Java and Bali Loans = Rp 114,4 tn Funds = Rp 41.8 tn Business Savings Product CBC = 24 Unit Floor = 23 Unit 43 1. Continue to develop retail payment solutions for top retail industry value chains and business clusters in order to increase low cost deposit and fee- based income 2. Develop customer education to further increase usage of new retail products e.g., pre-paid as well as e- channel transactions in order to i ease usto e s lo alt a d balances. Performance to Date: 9M 2015 Rp Bn Strategies for 2015 5,529 3,164 1,395 2,313 7,774 3,060 4,714 44 Medan Makassar Banjarmas in Surabaya Semarang Denpasar Bandung Pekanbaru Palembang B.Lampung Pontianak Samarinda Manado Palu Jayapura Balikpapan Batam Jambi Pematang siantar Padang Bekasi Jakarta Solo Tangerang Bogor Branch Models that covered SME Customers M-1 Branch : 75 M-2 Branch : 89 M-3 Branch : 164 Expanding Scope of Distribution, 2015 Solid Stable Source of Low Cost Funds Product Q4 2014 Q3 2015 Growth YTD Demand Deposit 25.6 29.9 16.8 Saving Deposit 66.1 63.6 -3.8 Total CASA 91.7 93.5 1.96 Total Funding 121.7 115.3 -5.3 Rp Tn CASA Ratio = 81,1 Funding from Java Bali = 75.2 of total funding Sumatera Loans = Rp 13.9 tn Funds = Rp 15.3 tn Kalimantan Loans = Rp 9.0 tn Funds = Rp 5.7 tn Eastern Loans = Rp 7.8 tn Funds = Rp 7.7 tn Java and Bali Loans = Rp 27.2 tn Funds = Rp 86.7 tn Numbers are restated after Resegmentation in Jul 2015 BSM Add ress ing As se t Qu al ity Issues 10.31 13.28 16.06 23.97 36.73 37.44 39.93 41.82 44.50 46.30 48.40 49.70 50.46 49.82 49.60 49.32 49.13 48.80 50.40 50.60 4Q 07 4Q 08 4Q 09 4Q10 4Q 11 1Q 12 2Q 12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 Fi na n ci ng 91.1 89.1 83.1 82.7 86.2 87.2 92.2 93.9 93.9 95.6 94.2 91.3 89.4 90.3 89.9 85.7 82.1 81.7 85.3 84.5 FDR Sy ari a h Fi n an ci ng Rp tn Fi n an ci a l P er for mance Rp bn FY ’ FY ’ FY ’ FY’ FY’ FY’ FY’ Q ’ Fi n an ci n g 13,278 16,063 23,968 36,664 44,755 50,460 49,133 50,590 De p o si ts 14,899 19,338 28,999 42,618 47,409 56,461 59,821 59,708 A ss e ts 17,066 22,037 32,482 48,672 54,229 63,965 66,942 67,120 E A T 196.42 290.94 418.52 551.07 805.69 651.24 71.78 148.8 R ati o s: RO A 1.83 2.23 2.21 1.95 2.25 1.53 0.17 0.42 R O E 21.34 21.40 25.05 24.24 25.05 15.34 1.49 4.10 G ro ss N PF 5.66 4.84 3.52 2.42 2.82 4.32 6.83 6.89 Ne t In ter es t M ar gi n Cos t of Fund s Yo A CoF N IM 6.3 6.3 6.6 6.6 7.5 6.9 6.9 7.0 7.3 7.1 7.3 7.2 7.3 6.3 6.2 6.0 6.2 6.3 4Q 07 4Q 08 4Q 09 4Q10 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 12.4 13.0 12.7 12.3 13.0 11.5 12.0 12.2 12.4 12.3 12.4 12.1 12.0 11.1 11.1 11.0 10.9 10.6 5.4 5.7

5.6 5.1

5.2 4.5 4.7 4.5 4.5 4.6 4.0 4.0 4.1 4.4 4.5 4.5 4.4 4.4 46 1. 1 in Auto with new product and 2W subsidiary build up 2. 1 position in Credit Card with innovation and portfolio optimization 3. 1 in mortgage via new segments and mandiri synergies 4. Drive growth in personal loans via new products and distritbution. 5. 1 bank for I do esia s Gen-Y 6. Recognized innovator in banking- unbanked. 7. Extend 1 position in wealthy and affluent. Performance to Date: 9M 2015 Rp Bn Strategies for 2015 8,463 4,327 1,532 11,258 1,323 9,936 Mand iri Tunas Fi nance: Total Fi nan ci ng YTD of Rp 11 .95 Tn Tot al Di sb u rsem en t an d th e B reak d ow n for Joi n t Fi n an ci ng an d N on JF B reak d ow n of Fi n an ci ng 3 Q 2015 P erf or man ce Rp Bn 3Q 2015 3Q 2014 Cha ng Loa n s 24 ,83 2 19 ,68 1 26 N e t In co me 225 175 28 .57 Ap p ro val Ra te 87 .57 89 .20 1.8 3 D isb u rseme n t 11 ,95 10 ,78 4 10 N IM 3.4 3 3.2 8 4.5 3 R O A 5.1 9 4.8 9 6.1 R OE 30 .10 30 .74 2.0 8 C ER 45 .80 44 .21 3.5 9 N PL 1.4 3 1.2 6 13 .59 375 566 852 966 1,146 587 302 78 257 576 884 761 1,054 1,110 1,016 523 1,506 1,199 1,409 1,600 1,454 1,909 1,020 398 341 425 606 694 1,306 1,369 1,656 1,530 1,592 981 1,771 1,478 1,728 2,224 2,456 2,056 2,408 2,206 2,391 2,236 1,936 3,094 Q110 Q210 Q310 Q410 Q111 Q211 Q311 Q411 Q112 Q212 Q312 Q412 Q113 Q213 Q313 Q413 Q114 Q214 Q314 Q414 Q115 Q215 Q315 JF N o n JF 405 539 806 1,101 1,370 1,364 1,245 1,355 1,353 1,609 1,420 2,075 2,105 2,416 2,871 2,678 3,290 3,374 3,398 3,824 3,549 3,732 3,975 309 306 351 372 350 422 342 312 373 486

396 401

372 345 289 232 208 162 149 108 96 71 82 61 79 118 99 118 109 84 67 60 72 49 56 56 76 80 70 64 70 68 60 45 41 57 Q110 Q210 Q310 Q410 Q111 Q211 Q311 Q411 Q112 Q212 Q312 Q412 Q113 Q213 Q313 Q413 Q114 Q214 Q314 Q414 Q115 Q215 Q315 M o to rc yc le Us ed Car N ew Car 48 Supporting Materials 2009 2005 Market Cap: IDR 60 Tn Revenue Market Share: 8 Net Profit: IDR 2.41 Tn ROE: 10 Gross NPL: 16.3 Market Cap: IDR 136.9 Tn Revenue Market Share: 13.4 Net Profit: IDR 9.22 Tn ROE: 24.24 Gross NPL: 2.42 2020 Top Bank In ASEAN Market Cap: IDR 225 Tn Revenue Market Share: 14 –16 ROE: 25 Gross NPL: 4 49 2014 • Building a winning organization • Delivering tailored proposition for priority segments • Building alliances • Strengthening risk management • Wholesale transaction banking • Retail payment deposits • Retail financing • Business transformation • Developing integrated Human Capital IT • Focusing on non-organic growth 1 st Transformation 2 nd Transformation 3 rd Transformation • Revenue Growth 9M Whole Group: Rp13.1Tn 21 YoY • Profit from Subsidiary: Rp1.42Tn 9.8 of EAT • 9M Revenue Wholesale vs Retail : Rp 17.9Tn vs Rp 22.8Tn Our Deal size has continued to move higher • BSHB  Rp 40bn 2008 • MTF  Rp250 bn 2009 • Inhealth  Rp 1.3 tn 2013 Bank Group Finding Business Partners M A • JV with AXA AMFS. Gross Written Premiums Rp1.5tn. +27 YoY • JV with Tunas Ridean MTF. Total Financing Rp4.1tn. 15 YoY • InHealth  partner BPJS 50 51 12,138 5,261 6,970 10,428 Net Interest Income Fee-Based Income Overhead Expenses Others Pre-provision Operating Profit 3Q 2015 Notes : 1. Fee based income excluding gain on sale increasing value GB securities 2. Overhead expenses + others excluding provisions 3Q 2014 Higher 43.7 10,405 3,548 6,697 7,257 Net Interest Income Fee-Based Income Overhead Expenses Others Pre-provision Operating Profit Rp Bn Rp Bn Reduce Cost of Funds Improve Assets Yield Diversify into Fee Income Reduce ProvisionLoan Improve Cost Efficiency  Leverage on cash generator wholesale to accelerate growth  Diversity into fee income Competitive. sustainable returns. with above-average rates of growth Business Strategy Strategic Alliances Support Strategy 52 53  E-Money is the re-branding of prepaid Mandiri cards launched in October 2012.  Can be used for Toll-road Transactions Jabodatabek. Parking ISS Parking. Bus Trans Solo Trans Jogja. Fuel Pertamina Gas Stations. Retail Shops Indomaret. Alfamart. Alfamidi. Lawson. Superindo. Restaurants Solaria. Excelso. Es Teller 77.  Can be owned by all customers non customers with a maximum balance of Rp 1 million. Recharge available at Mandiri ATM. ATM Bersama. E-money machines. and E-money merchants. Pre-Paid Card Volume 000s 489 774 386560 506 648 7751,748 2,118 4,670 4,015 3,988 5,282 4,833 4,926 5,275 6,159 7,891 9,578 13,662 16,802 2,418 2,848 3,156 3,326 3,741 3,966 5,072 5,908 8,146 11,680 18,356 20,211 22,112 21,752 22,741 21,156 20,679 19,460 20,542 20,502 22,079 23,864 24,644 27,260 7 9 14191412 14 9 214209 139 136142 415 321 467 484 510 456 272 1,502 2,231 4,346 5,100 6,421 8,332 14,874 18,261 20,981 22,777 4 Q 09 1 Q 10 2 Q 10 3 Q 10 4Q 10 1 Q 11 2 Q 11 3 Q 11 4 Q 11 1 Q 12 2 Q 12 3 Q 12 4 Q 12 1 Q 13 2 Q 1 3 3 Q 13 4 Q 13 1 Q 14 2 Q 14 3 Q 14 4 Q 1 4 1 Q 15 2 Q 15 3 Q 15 Indomaret e-Toll Gaz e-Money Pre-Paid Transaction Volume 000s volume for quarter 165.6 259.0 293.0 353.0 458.0 516.7 626.8 688.3 773.3 846.2 981.3 1,093.3 1,412.0 1,486.6 1,564.2 1,662.7 1,751.6 1,828.8 1,898.8 1,975.7 2,112.1 2,248.5 2,478.1 2,692.8 99.5 150.0 163.0 183.0 204.0 295.0 367.5 505.8 693.3 919.8 1,097.9 1,226.0 1,312.1 1,409.0 1,437.5 1,533.3 1,564.0 1,632.5 1,722.2 1,867.0 1,959.7 2,011.8 2,110.3 34.3 36.0 43.0 47.6 47.7 48.1 49.4 49.4 49.7 49.7 58.0 58.5 58.5 63.7 64.2 84.0 84.2 84.3 84.3 24.7 89.2 119.7 151.6 191.8 391.7 644.4 889.6 1,060.6 1,124.4 1,239.6 D ec -09 M ar -10 Jun -10 Sep -10 D ec -10 M ar -11 Jun -11 Sep -11 D ec -11 M ar -12 Jun -12 Sep -12 D ec -12 Mar -13 Jun -13 Sep -13 D ec -13 M ar -14 Jun -14 Sep -14 D ec -14 M ar -15 Jun -15 Sep -15 Indomaret e-Toll Gaz e-Money Outstanding – Rp Tn 4.4 5.4 7.3 11.8 19.0 27.1 36.0 37.2 39.7 40.0 2.02 2.29 2.76 3.91 6.25 9.77 11.00 10.85 11.85 11.91 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 5.00 5.50 6.00 6.50 7.00 7.50 8.00 8.50 9.00 9.50 10.00 10.50 11.00 11.50 12.00 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 2008 2009 2010 2011 2012 2013 2014 1 Q15 2 Q 15 3 Q 15 Mandiri Microfinance Outstanding Mandiri Market Share 54 based on OJK publication market data micro small medium business UMKM 1 ,347 1 ,646 1,6 45 2 ,195 1 ,826 2 ,522 2 ,791 4 ,208 3 ,397 4,5 25 4 ,435 5 ,764 5 ,136 7 ,057 5 ,187 6 ,877 5 ,689 8 ,527 7,0 39 7 ,732 5 ,974 5 ,945 4 ,005 1 Q 10 2 Q 10 3Q 10 4 Q 10 1 Q 11 2 Q 11 3 Q 11 4 Q 11 1 Q 12 2 Q 12 3 Q 12 4 Q 1 2 1 Q 13 2 Q 13 3 Q 13 4 Q 13 1 Q 14 2 Q 14 3Q 14 4 Q 14 1 Q 15 2 Q 15 3 Q 15 Booking Booking Volume – Rp Bn 16.5 16.5 17.3 16.9 17.9 17.7 17.1 21.0 20.8 20.6 20.2 18.70 14.40 14.27 14.01 14.20 13.20 13.1513.20 13.15 10.98 11.25 10.77 Asset Spreads 2005 2009 CAGR 2005-2009 2010 2014 CAGR 2010-2014 Assets 263,383 394,617 10.6 449,775 855,040 17.4 Loans 106,853 198,547 16.8 246,201 529,973 21.1 Deposits 206,290 319,550 11.6 362,212 636,382 15.1 Revenues 10,835 22,261 19.7 28,504 56,501 18.7 ROE 2.52 22.06 72.0 24.24 20.95 3.6 Gross NPL ratio 25.20 2.79 5.60 2.42 2.15 2.9 NPL Net ratio 15.34 0.42 3.73 0.62 0.81 6.9 LDR 51.72 61.36 2.41 67.58 82.86 5.2 EAT 603 7,155 85.6 9,218 19,872 21.2 Subsidiary EAT NA 434 22.2 994 1,086 2.2 Rp Billion CAGR based on EAT 2006. Rp. 238.28 bn 55 Savings Deposit Growth Transaction channel growth 85 .39 91 .11 95 .95 106 .45 99 .38 105 .50 11 1.59 123 .50 121 .49 139 .15 147 .62 163 .78 163 .88 173 .43 180 .21 20 2.22 195 .67 206 .57 217 .72 236 .55 223 .97 226 .15 23 0.22 229 .45 208 .28 214 .07 223 .99 33.4 33.7 34.5 35.5 34.1 34.9 37.7 37.1 37.3 38.4 39.2 38.8 40.6 41.5 41.8 41.9 41.9 41.1 42.3 42.5 42.1 40.7 39.0 39.8 36.6 36.0 37.7 17.3 17.8 17.9 17.6 17.3 17.3 17.1 16.8 17.3 16.9 16.9 16.6 16.7 16.7 16.5 17.0 16.8 17.5 17.4 17.7 17.5 17.6 17.3 17.9 17.3 17.6 1 Q 09 2 Q 09 3 Q 09 4 Q 09 1 Q 10 2 Q 10 3Q 10 4 Q 10 1 Q 11 2 Q 11 3 Q 11 4 Q 11 1 Q 12 2 Q 12 3 Q 12 4Q 12 1 Q 13 2 Q 13 3 Q 13 4 Q 13 1 Q 14 2 Q 14 3 Q1 4 4 Q 14 1 Q 15 2 Q 15 3 Q 15 Savings Deposits Rp tn As of Total Deposits National Share of Savings Deposits 1 ,100 .5 1 ,158 .9 1 ,230 .6 1 ,315 .4 1 ,293 .3 1 ,3 2 1 .8 1 ,380 .5 1 ,357 .4 1 ,472 .3 1 ,556 .5 1 ,679 .4 1 ,688 .9 1 ,697 .1 1 ,809 .8 1 ,8 5 5 .2 1 ,966 .2 1 ,953 .5 1 ,953 .5 2 ,020 .9 2 ,045 .1 1 ,996 .5 2,0 95 .6 2 ,096 .0 2 ,128 .8 2 ,141 .1 2 ,290 .8 2 ,431 .7 97.4 106.6 116.7 131.4 129.9 136.5 143.2 147.5 157.6 168.3 182.7 197.3 219.9 236.8 247.1 278.2 279.4 283.0 285.4 299.3 296.4 314.2 306.5 315.9 339.4 356.3 364.6 61.663.2 67.2 73.071.973.2 77.676.0 82.5 85.4 92.991.2112.6 128.1 136.9 147.2 139.6 136.4 151.4 145.4 143.2 138.1 140.1 143.4 141.1 133.2 179.9 18.02 21.69 23.22 24.02 28.31 27.40 28.90 29.37 35.17 37.90 43.38 46.07 51.46 67.25 68.00 70.43 74.0370.65 74.79 79.33 78.32 86.89 91.67 94.25 100.38 112.16 144.33 Other Payment Transfer Withdrawal Inquiry Avg ATM Daily Vol 000 7 .501 9. 623 11 .057 12 .868 13 .625 14 ,955 14 ,736 15 ,392 17 ,980 21 ,251 23,066 25 ,393 29 ,745 27 ,325 32 ,213 34 ,505 30 ,772 32,995 34 ,133 48 ,975 57 ,436 74 ,689 70 ,034 100 ,149 133 ,970 168 ,330 171,659 2,955 3,165 2,780 2,822 2,976 3,335 3,454 3,216 3,084 3,258 2,953 3,219 3,179 3,235 3,218 3,330 3,203 3,223 3.181 3,119 3,047 3,211 3,185 3,266 2,907 2,927 2,794 1 Q 09 2 Q 09 3 Q 09 4 Q 09 1Q 10 2 Q 10 3 Q 10 4 Q 10 1 Q 11 2 Q 11 3 Q 11 4Q 11 1 Q 12 2 Q 12 3 Q 12 4 Q 12 1 Q 13 2 Q 13 3 Q 13 4 Q 13 1Q14 2 Q 14 3 Q 14 4 Q 14 1 Q 15 2 Q 15 3 Q 15 Quarterly Call Center Trans. 000 Quarterly Mobile Trans. 000 56 Rp Bi lli on Consumer Loan s fr om Al li an ce Pr ogr am 10 top cor por a te cl ien ts Tot al P a yr ol l i n 2010 -2 1 4 Rp B Co -Br an di ng Pr epai d Ca rd Pr ogr am Leveragi ng cash generator t o accel erate hi gh yi el d g rowth and depos it fran chi se In cl u d in g al l p aymen ts to th e e mp lo ye e s 2,085 4,067 4,324 4,878 5,665 6,482 6,716 7,534 8,772 9,710 10,368 11,114 11,720 12,178 12,436 13,092 13,750 14,318 14,886 15,692 16,397 4Q09 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4,756 5,169 9,607 10,231 10,533 11,500 12,281 15,469 15,756 22,085 24,230 23,968 24,106 25,656 26,127 25,656 27,446 27,975 23,385 27,298 27,372 Mar 10 Jun 10 Sept 10 Dec 10 Mar 11 Jun 11 Sep 11 Dec 11 Mar 12 Jun 12 Sep 12 Dec 12 Mar 13 Jun 13 Sep 13 Dec 13 Mar 14 Jun 14 Sep 14 Dec 14 Mar 15 Jun 15 Risk Profile CAR Min 1 – Low 8 2 – Low to Moderate 9 - 10 3 – Moderate 10 - 11 4 – Moderate to High 5 - High 11 - 14 Bank Mandiri is under the LOW isk p ofile BUKU Tier 1 Capital 1 Rp 1 Trillion 2 Rp 1 Trillion - Rp 5 Trillion 3 Rp 5 Trillion - Rp 30 Trillion 4 ≥ Rp 30 Trillion Ba k Ma di i is u de BUKU 4 . Minimum 70 loans and financing to the productive sector required to be met at the end of June 2016. Branch Sub Branch Cash Office Total Zone 1 21 286 114 421 Zone 2 38 609 109 756 Zone 3 15 110 20 145 Zone 4 29 164 32 225 Zone 5 18 124 11 153 Zone 6 12 54 5 71 Total 133 1347 291 1771 Branch Networking by Zone Bank Ma diri’s Capital Requirement Based on our Risk Profile Bank Mandiri Capital Requirment At October 31. 2012 58 • Scorecard Refinement •Training Capacity Development of Managers •MKA Revitalization focus on credit analysis verification •Loan Factory for Fixed Income Loan •FIN-1 Collection System •Change in Organization •Crash Program for NPL debtors settlement Origination Targeting Maintenance Review Collection Operational Risk Building New Business •1,444 MKSMMCBack OfficeOther Position and 247 Managers •Biweekly RTTA Risk. Threshold. Trigger Action Plan Review Forum •Mobile Sales and Maintenance System for MKS •Incentive Scheme Refinement •Post Transaction Control Welcome Call •Savings •Pension Loans •Joint Cooperation with Mandiri AXA General Insurance MAGI •Joint Cooperation with Bank Syariah Mandiri BSM – for Gold Pawning •3,720 EDC hand held rolled out •Early Warning System Development 59 3 .89 Mi lli on cards dr ove Rp 7 .35 Tn in trans acti on Man d iri V isa Mas ter car d s an d E O Q R ec ei vab les 2,223.2 2,251.0 2,452.2 2,753.7 2,989.3 2,973.4 3,238.7 3,372.5 3,589.2 3,574.9 3,760.9 3,910.5 4,296.0 4,245.2 4,491.6 4,590.5 5,035.2 5,024.6 5,194.9 5,303.4 5,619.7 5,556.6 6,855.1 7,566.0 8,288.4 8,343.9 8,750.7 8,683.5 1 ,331 1 ,409 1 ,544 1 ,608 1,6 78 1 ,770 1 ,980 2 ,081 2 ,156 2 ,254 2 ,358 2 ,446 2 ,570 2,6 85 2 ,851 2 ,972 3 ,032 3 ,083 3 ,155 3 ,275 3,4 35 3 ,602 3 ,665 3 ,727 3 ,817 3 ,890 4Q 08 1Q 09 2Q 09 3Q 09 4Q 09 1Q 10 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 3Q 11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 R ecei vab les Rp tn Car d s 000 s 1,914 1,891 2,163 2,552 2,676 2,497 2,848 3,003 3,132 3,032 3,421 3,669 4,080 3,782 4,167 4,462 5,053 4,832 5,166 5,266 5,315 5,174 6,749 7,230 7,530 6,949 7,229 63 59 54 60 58 50 55 55 56 53 53 56 55 54 53 53 59 60 63 66 69 76 125 171 302 303 295 276 19 39 52 43 55 64 75 65 72 82 58 43 62 90 113 82 4Q 08 1Q 09 2Q 09 3Q 09 4Q 09 1Q 10 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 Tr an sf er B al an ce Cas h Ad van ce R e tai l Tot al C ar d Quart erl y Sal es b y Typ e o f Tr an sact io n Rp Bn 61 Corporate Customer by Rating Summary of Risk Management Initiatives Credit Market Operational • ORM implementation in all unit. incl. overseas offices subsidiaries • Bring Op. Risk top issues into Management • Review Op. Risk on new procedures new products • Development of risk measurement system for derivative structured product Summit • Implement Market Risk Internal Model • Intraday Limit Monitoring • Enhance Policy Procedure for Treasury ALM • Enhance FTP Fund Transfer Pricing method • Develop liquidity stress test safety level • Develop measurement of capital for IRBB • Wholesale Transaction: Optimize credit decision process by focusing on quantitative factors of analysis. redefining clear role of risk team . and aligning RM Organization into business expansion • High Yield Business: Assign dedicated team. set up loan factory. enhanced business process incl. tools. monitoring collection system. policy • Optimize capital by implementing ERM VBA • Consolidate risk management of subsidiaries High Risk Rating C- G Medium Risk Rating BBB – B Low Risk Rating AAA – A 51 64 68 60 69 91 84 80 81 73 34 24 21 25 24 7 13 16 16 22 15 12 11 15 7 2 3 4 3 5 20 40 60 80 100 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 62 Bank Only IDR billion Cons 9M 2015 1H 2015 9M 2014 YoY Gross Loans 560,630 552,778 506,456 10.70 Government Bonds 101,079 100,101 87,640 15.33 Total Assets 905,759 914,075 798,161 13.48 Customer Deposits 654,595 654,858 590,890 10.78 Total Equity 113,137 109,626 99,034 14.24 RoA - before tax p.a. 2.85 3.00 3.38 15.68 RoE – after tax p.a. 17.89 18.50 20.84 14.16 Cost to Income 43.10 44.83 45.12 4.48 NIM p.a. 5.81 5.76 5.90 1.53 LDR 85.65 84.11 85.31 0.40 Gross NPL Total Loans 2.81 2.43 2.16 30.09 Provisions NPLs 136.18 137.69 157.39 13.48 Tier 1 CAR 15.33 15.10 15.18 0.99 CAR Under Basel III - - - - Total CAR incl. Credit, Opr Market Risk 17.81 17.87 16.47 8.14 EPS Rp 625 220 619 0.97 Book ValueShare Rp 4,849 4,491 4,244 14.26 176.9 153.5 148.8 122.9 93.1 92.1 92.2 92.3 91.0 90.6 90.6 89.5 90.8 89.5 88.6 88.4 88.5 88.3 88.4 88.2 88.4 89.1 86.8 83.5 82.2 78.1 78.2 77.9 78.1 78.5 78.4 80.4 77.9 78.9 79.2 79.6 82.2 82.2 90.6 89.0 87.6 86.2 100.1 100.1 101.1 43.0 48.3 65.4 65.4 75.9 106.9 105.1 107.8 108.8 117.7 114.3 116.3 121.7 138.5 135.5 149.6 162.8 174.5 175.2 181.6 188.3 198.5 201.9 218.0 231.9 246.2 251.8 276.7 297.5 314.4 327.2 350.4 365.2 388.8 391.6 428.7 450.8 472.4 470.4 485.8 506.5 530.0 532.8 552.8 560.6 27.0 33.4 60.5 36.1 50.6 64.5 57.6 55.1 54.0 59.2 56.1 59.2 61.2 91.1 75.5 66.7 67.4 95.7 84.1 89.0 89.8 106.9 110.6 100.6 95.3 125.5 136.1 120.3 126.4 159.1 141.3 140.9 145.3 167.9 169.7 163.9 167.1 178.4 168.4 190.1 204.1 238.9 235.4 261.2 244.1 100 200 300 400 500 600 700 800 900 1000 4Q 00 4Q 01 4Q 02 4Q 03 4Q 04 4Q 05 1Q 06 2Q 06 3Q 06 4Q 06 1Q 07 2Q 07 3Q 07 4Q 07 1Q 08 2Q 08 3Q 08 4Q 08 1Q 09 2Q 09 3Q 09 4Q 09 1Q 10 2Q 10 3Q 10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 G ove rnme nt B ond s Loa ns O the r Ass e ts 75 .4 75 .4 74 .1 60 .6 40 .9 47 .1 34 .8 32 .3 3 2 .4 25 .4 19 .6 17 .7 16 .6 13 .4 11 .2 8 .5 6 .1 7 .3 7 .2 6 .0 6 .5 7 .3 7 .7 8 .5 8 .0 7 .1 6 .9 7 .7 7 .5 7 .4 19 .0 19 .0 19 .0 34 .1 46 .9 50 .1 52 .2 56 .8 57 .2 63 .6 6 8 .3 76 .0 71 .7 76 .5 75 .5 79 .5 90 .9 8 3 .4 88 .6 87 .9 88 .4 89 .1 88 .6 86 .2 84 .6 87 .3 8 7 .4 85 .5 85 .8 86 .1 86 .2 In t. fro m B o n d s In t. fro m Loa n s Tot al Asse ts grew 13.5 Y -o -Y to Rp 906.8 tn Tot al Asse ts Rp Tn Con sol id a ted 64  Aggregate of Rp 41.328 Tn US 2.821 Bn in written-off loans as of end-of September 2015, with significant recoveries and write back on-going:  2001: Rp 2.0 Tn  2002: Rp 1.1 Tn  2003: Rp 1.2 Tn  2004: Rp 1.08 Tn  2005: Rp 0.818 Tn US 83.2m  2006: Rp 3.408 Tn US 378.5m  2007: Rp 1.531 Tn US 249.3m  2008: Rp 2.309 Tn US 211.8m including the write-back of RGM loans totaling Rp 2.336 Tn Including the write back of Kharisma Arya Paksi loans totaling Rp 0.124 Tn and Gde Kadek Rp 0.59Tn. Recoveries of Written off Loans  Q4 09: Rp 0.775 Tn US 82.5m  Q1 10: Rp 0.287 Tn US 31.6m  Q2 10: Rp 0.662 Tn US 73.0m  Q3 10: Rp 0.363 Tn US 40.7m  Q4 10: Rp 1.349 Tn US149.7m  Q1 11: Rp 0.468 Tn US53.8m  Q2 11: Rp 0.446 Tn US51.9m  Q3 11: Rp 0.508 Tn US57.8m  Q4 11: Rp 0.78 Tn US86.1m  Q1 12: Rp 1.647 Tn US180.1m  Q2 12: Rp 0.721 Tn US76.8m  Q3 12: Rp 0.489 Tn US51.1m  Q4 12: Rp 0.885 Tn US91.8m  Q1 13: Rp 0.918 Tn US94.5m  Q2 13: Rp 0.683 Tn US68.8m  Q3 13: Rp 0.630 Tn US54.4m  Q4 13: Rp 0.845 Tn US69.4m  Q1 14: Rp 0.552 Tn US48.7m  Q2 14: Rp 0.765 Tn US64.5m  Q3 14: Rp 0.566 Tn US46.4m  Q4 14: Rp 0.803 Tn US64.8m  Q1 15: Rp 0.553 Tn US42.4m  Q2 15: Rp 0.646 Tn US48.5m  Q3 15: Rp 0.751 Tn US51.3m 65 Summary BS Q ’ Q ’ Q ’ Q ’ Q’ Y-o-Y Rp tn Rp tn Rp tn Rp tn Rp tn  Total Assets 905.76 914.08 868.35 855.04 854.71 6.0 Cash 19.06 19.52 16.76 20.70 20.70 7.9 Current Acc w BI other banks 71.42 64.74 60.16 59.59 59.60 19.8 Placement w BI other banks 57.21 61.16 62.82 61.21 61.21 6.5 Securities Net 45.62 47.06 44.37 40.47 40.43 12.8 Government Bonds 101.08 100.10 100.12 86.15 87.64 15.3 - Trading 2.70 3.09 3.74 2.90 2.79 3.3 - AFS 74.84 74.15 73.57 61.19 61.75 21.2 - HTM 23.54 22.86 22.81 22.07 23.10 1.9 Loans 560.63 552.78 532.82 529.97 506.46 10.7 - Performing Loans 544.86 539.32 520.68 518.56 495.46 10.0 - Non-Performing Loans 15.77 13.45 12.14 11.41 10.99 43.4 Allowances 21.45 18.51 18.24 17.92 17.30 24.0 Loans – Net 539.18 534.27 514.58 512.06 489.16 10.2 Total Deposits – Non Bank 654.60 654.86 628.712 635.559 590.89 10.8 - Demand Deposits 168.39 167.52 141.49 128.07 131.55 28.0 - Savings Deposits 247.52 236.43 230.58 251.62 230.22 7.5 - Time Deposits 238.69 250.91 256.64 255.87 229.12 4.2 “ha eholde s E uit 113.14 109.26 104.79 104.85 99.03 14.2 66 Summary PL 3Q 2015 2Q 2015 3Q 2014 Y-o-Y Q-o-Q Rp Bn of Rp Bn of Rp Bn of   Av.Assets Av.Assets Av.Assets Interest Income 18,066 8.0 17,454 7.6 15,984 8.0 13.0 3.5 Interest Expense 6,814 3.0 6,518 2.9 6,303 3.2 8.1 4.5 Net Interest Income 11,252 5.0 10,936 4.8 9,681 4.9 16.2 2.9 Net Premium Income 886 0.4 875 0.4 724 0.4 22.3 1.2 Net Interest Income Premium Income 12,138 5.4 11,811 5.2 10,405 5.2 16.6 2.8 Other Non Interest Income Other Fees and Commissions 2,546 1.1 2,677 1.2 2,255 1.1 12.9 -4.9 Foreign Exchange Gains – Net 533 0.2 473 0.2 404 0.2 32.1 12.7 Gain from Incr. in value of sec sale of Gov.Bonds -134 0.00 -17 0.0 71 0.0 NA NA Others 2,182 1.0 1,018 0.4 889 0.4 1.45 114.3 Total Non Interest Income 5,127 2.3 4,152 1.8 3,620 1.8 41.7 23.5 Total Operating Income 17,265 7.6 15,963 7.0 14,025 7.0 23.1 8.2 Provisions, Net -4,495 -2.0 -2,446 -1.1 -909 -0.5 394.4 83.7 Personnel Expense -2,903 -1.3 -3,109 -1.4 -2,752 -1.4 5.5 -6.6 GA Expenses -3,322 -1.5 -3,173 -1.4 -2,958 -1.5 12.3 4.7 Loss from decr in value of sec Gov Bonds - 0.0 - ` - - Other Expenses -744 -0.3 -941 -0.4 -986 -0.5 -24.5 -20.9 Total Expense -6,970 -3.1 -7,223 -3.2 -6,697 -3.4 4.1 -3.5 Profit from Operations 5,800 2.6 6,293 2.8 6,419 3.2 -9.6 -7.8 Non Operating Income 5 0.0 0.0 15 0.0 -67.2 NA Net Income Before Tax 5,805 2.6 6,293 2.8 6,434 3.2 -9.8 -7.7 Net Income After Tax 4,658 2.1 4,786 2.1 4,868 2.4 -4.3 -2.7 Ministry of Finance Market Sale Bank Indonesia • BI will gradually replace their use of SBI for market operations with SUN • BI could buy the Recap bonds gradually and this includes potential purchases of SUN VR • The Ministry of Finance will consider to buyback the SUN VR • Potential for debt switching with a different tenor of fixed rate bonds. • Bundle the recap bonds with assets creating an asset backed security and sell it to the market. • Sell the bonds. borrowing FX and use the liquidity to increase lending. 67 68 Maturity Rp bn Trading Portfolio Available for Sale Held to Maturity Nominal MTM Nominal MTM Fixed Rate Bonds 1 year 372 372 2,819 2,831 1,656 1 - 5 year 328 329 24,156 25,043 1,388 5 - 10 year 950 908 11,817 11,359 99 10 year 1,170 1,089 - - 158 Sub Total 2,820 2,698 38,791 39,233 3,301 Variable Rate Bonds 1 year - - 193 192 6,798 1 - 5 year - - 35,919 35,416 13,442 5 - 10 year - - - - - 10 year - - - - - Sub Total - - 36,112 35,608 20,239 T o t a l 2,820 2,698 74,903 74,841 23,540 Government Bond Portfolio by Type and Maturity Rp101,079 Bn 3 Q 15 Government Bond GainsLosses Rp Bn Mark to Market impacts Profit Mark to Market impacts Equity Nominal value

39.23 3.30

2.70 35.61

20.24 10 20 30 40 50 60 70 80 Trading AFS HTM Fixed Rate Variable Rate Bonds by Rate Type Portfolio as of Sept 2015 Rp101,079 Bn Q’ Q’ Q’ Q’ Realized GainsLosses on Bonds 11.12 146.76 50.67 37.39 Unrealized GainsLosses on Bonds 41.24 53.62 78.69 107.30 Total 52.36 200.38 28.02 69.91 69 Stated in Rp Millions Series Interest Rate Marked To Market - - - - - - 1 VR0021 25-Nov-15 6.23 100,000 690 99.6350 - 99,635 690 2 VR0022 25-Mar-16 5.87 92,844 6,796,813 98.9510 - 91,870 6,796,813 3 VR0023 25-Oct-16 6.20 9,738 4,086,068 99.2110 - 9,661 4,086,068 4 VR0024 25-Feb-17 6.23 - 8,210,550 98.8950 - - 8,210,550 5 VR0025 25-Sep-17 5.87 65,402 1,145,148 98.4820 - 64,409 1,145,148 6 VR0026 25-Jan-18 6.20 1,379,267 - 98.9540 - 1,364,840 - 7 VR0027 25-Jul-18 6.20 2,005,267 - 98.8900 - 1,983,009 - 8 VR0028 25-Aug-18 6.23 3,571,695 - 98.6550 - 3,523,656 - 9 VR0029 25-Aug-19 6.23 3,856,688 - 98.5560 - 3,800,997 - 10 VR0030 25-Dec-19 5.87 8,016,765 - 98.2310 - 7,874,948 - 11 VR0031 25-Jul-20 6.20 17,614,108 - 98.7110 - 17,387,062 - - 36,711,774 20,239,269 - 36,200,088 20,239,269 - 36,711,774 20,239,269 - 36,200,088 20,239,269 0.00

64.46 35.54