Distribution of Net Income

PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated 170

45. PROVISION FOR REVERSAL OF POSSIBLE LOSSES For the year ended December 31,

2015 2014 Allowancereversal provision for: Estimated losses arising from fraud cases 10,266 11,710 Estimated losses arising from legal cases 11,594 129,296 Others assets Note 20 157,382 42,475 179,242 183,481 46. UNREALISED GAINSLOSSES FROM INCREASEDECREASE IN FAIR VALUE OF MARKETABLE SECURITIES, GOVERNMENT BONDS AND POLICYHOLDERS INVESTMENT IN UNIT-LINKED CONTRACTS For the year ended December 31, 2015 2014 Marketable securities 992 93,824 Government bonds 19,298 52,697 Changes in market value of policyholders’ investment and increasedecrease in liability in unit-linked contracts - Change in market value of policyholders’ investment 2,142,173 2,860,353 - Increase in liability in unit-linked contracts 2,142,173 2,860,353 18,306 146,521 47. GAIN ON SALE OF MARKETABLE SECURITIES AND GOVERNMENT BONDS For the year ended December 31, 2015 2014 Marketable securities Fair value through profit and loss 27,760 39,425 Available for sale 62,683 33,355 Government bonds Fair value through profit and loss 21,219 45,220 Available for sale 219,357 116,463 275,499 234,463 PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated 171

48. SALARIES AND EMPLOYEE BENEFITS For the year ended December 31,

2015 2014 Salaries, wages, pension and tax allowances 6,890,207 6,100,140 Holidays allowance, leave and related entitlements 1,192,666 1,206,130 Employee benefits in kind 945,705 904,372 Training and education 557,580 463,904 Provision for post-employment benefit expenses 491,225 293,932 Provision of tantiem 226,952 152,273 Bonuses and others 2,072,320 1,727,280 12,376,655 10,848,031 Total gross salaries and allowances, bonus and tantiem, long-term employment benefits of the Boards of Commissioners, Directors, Audit Committee and Risk Monitoring and Good Corporate Governance Committee, Sharia Supervisory Board and Executive Vice President and Senior Vice President are amounting to Rp857,365 and Rp717,073 Note 55 for the years ended December 31, 2015 and 2014, respectively as follows: For the year ended December 31, 2015 Long-term Salaries and Bonus and employment allowance tantiem benefits Total The Board of Commissioners 38,248 63,591 3,700 105,539 Directors 128,803 206,908 28,241 363,952 Audit Committee and Risk Monitoring Committee 4,364 - - 4,364 Syariah Supervisory Board 1,246 138 - 1,384 Senior Executive Vice Presidents and Senior Vice Presidents 218,186 149,276 14,664 382,126 390,847 419,913 46,605 857,365 For the year ended December 31, 2014 Long-term Salaries and Bonus and employment allowance tantiem benefits Total The Board of Commissioners 29,609 53,981 2,459 86,049 Directors 110,995 200,259 10,835 322,089 Audit Committee and Risk Monitoring and Good Corporate Governance Committee 3,255 1,404 - 4,659 Syariah Supervisory Board 1,114 21 - 1,135 Senior Executive Vice Presidents and Senior Vice Presidents 176,079 112,135 14,927 303,141 321,052 367,800 28,221 717,073 Effective from January 9, 2014, Execuvitve Vice Presidents changed to Senior Executive Vice Presidents as mentioned at Board of Directors’ Decree SK No. KEP.DIR122014