OTHER OPERATING EXPENSES - OTHERS - NET For the year ended December 31,

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 183

55. RELATED PARTY TRANSACTIONS continued

In the normal course of business, Bank Mandiri entered into certain significant transactions with the following related parties continued: • Related parties relationship by ownership andor management continued: The nature of transactions with related parties includes among others, current accounts with other banks, investments in shares, securities, employee’s pension plan, loans, deposits from customers and bank guarantee. • Related parties relationship with government related entities Related Parties Nature of Relationship Adhi Multipower Pte. Ltd. Subsidiary of State Owned Enterprise PT Abacus Distri System Indonesia Subsidiary of State Owned Enterprise PT Adhiguna Putera Subsidiary of State Owned Enterprise PT Aero System Indonesia Subsidiary of State Owned Enterprise PT Aerowisata Subsidiary of State Owned Enterprise PT Angkasa Citra Sarana Catering Subsidiary of State Owned Enterprise PT Angkasa Pura Hotel Subsidiary of State Owned Enterprise PT Arthaloka Indonesia Subsidiary of State Owned Enterprise PT Asrinda Arthasangga Subsidiary of State Owned Enterprise PT Asuransi Berdikari Subsidiary of State Owned Enterprise PT Asuransi Jasa Raharja Putera Subsidiary of State Owned Enterprise PT Asuransi Jiwa Taspen Subsidiary of State Owned Enterprise PT Bahana Artha Ventura Subsidiary of State Owned Enterprise PT Bank BRI Syariah Subsidiary of State Owned Enterprise PT Bank Negara Indonesia Syariah Subsidiary of State Owned Enterprise PT Berdikari United Livestock Subsidiary of State Owned Enterprise PT Berlian Jasa Terminal Ind Subsidiary of State Owned Enterprise PT BNI Life Insurance Subsidiary of State Owned Enterprise PT BNI Multi Finance Subsidiary of State Owned Enterprise PT Bromo Steel Indonesia Subsidiary of State Owned Enterprise PT Daya Laut Utama Subsidiary of State Owned Enterprise PT Dharma Lautan Nusantara Subsidiary of State Owned Enterprise PT Dok Perkapalan Waiame Subsidiary of State Owned Enterprise PT Electronic Data Interchange Indonesia Subsidiary of State Owned Enterprise PT Eltran Indonesia Subsidiary of State Owned Enterprise PT Energi Pelabuhan Indonesia Subsidiary of State Owned Enterprise PT Galangan Pelni Surya Subsidiary of State Owned Enterprise PT Gapura Angkasa Subsidiary of State Owned Enterprise PT Geo Dipa Energi Subsidiary of State Owned Enterprise PT Haleyora Power Subsidiary of State Owned Enterprise PT Indofarma Global Medika Subsidiary of State Owned Enterprise PT Indonesia Chemical Alumina Subsidiary of State Owned Enterprise PT Indonesia Comnets Plus Subsidiary of State Owned Enterprise PT Indonesia Kendaraan Terminal Subsidiary of State Owned Enterprise 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 184

55. RELATED PARTY TRANSACTIONS continued

• Related parties relationship with government related entities continued Related Parties Nature of Relationship PT Indonesia Power Subsidiary of State Owned Enterprise PT Infomedia Nusantara Subsidiary of State Owned Enterprise PT Ismawa Trimitra Subsidiary of State Owned Enterprise PT Itci Hutani Manunggal Subsidiary of State Owned Enterprise PT Itci Kayan Hutani Subsidiary of State Owned Enterprise PT Jasa Marga Bali Tol Subsidiary of State Owned Enterprise PT Jasa Peralatan Pelabuhan Indonesia Subsidiary of State Owned Enterprise PT Kalimantan Agro Nusantara Subsidiary of State Owned Enterprise PT KAI Commuter Jabodetabek Subsidiary of State Owned Enterprise PT Jakarta International Container Terminal Subsidiary of State Owned Enterprise PT Kaltim Industrial Estate Subsidiary of State Owned Enterprise PT Kawasan Industri Kujang Cikampek Subsidiary of State Owned Enterprise PT Kereta Api Logistik Subsidiary of State Owned Enterprise PT Kereta Api Pariwisata Subsidiary of State Owned Enterprise PT Kertas Padalarang Subsidiary of State Owned Enterprise PT Kimia Farma Trading Distributor Subsidiary of State Owned Enterprise PT Kodja Terramarin Subsidiary of State Owned Enterprise PT Krakatau Daya Listrik Subsidiary of State Owned Enterprise PT Krakatau Engineering Subsidiary of State Owned Enterprise PT Krakatau Information Technology Subsidiary of State Owned Enterprise PT Krakatau Prima Dharma Sentana Subsidiary of State Owned Enterprise PT Mega Eltra Subsidiary of State Owned Enterprise PT Mitra Kerinci Subsidiary of State Owned Enterprise PT Multi Nitrotama Kimia Subsidiary of State Owned Enterprise PT Multi Terminal Indonesia Subsidiary of State Owned Enterprise PT Nusantara Regas Subsidiary of State Owned Enterprise PT Pal Marine Service Subsidiary of State Owned Enterprise PT Pann Pembiayaan Maritim Subsidiary of State Owned Enterprise PT Patra Jasa Subsidiary of State Owned Enterprise PT Pelindo Marine Service Subsidiary of State Owned Enterprise PT Pelita Air Service Subsidiary of State Owned Enterprise PT Pelita Indonesia Djaya Corp Subsidiary of State Owned Enterprise PT Pembangkit Jawa Bali PJB Subsidiary of State Owned Enterprise PT Perhutani Alam Wisata Subsidiary of State Owned Enterprise PT Perhutani Anugerah Kimia Subsidiary of State Owned Enterprise PT Permodalan Nasional Madani Investment Management Subsidiary of State Owned Enterprise PT Permodalan Nasional Madani Venture Capital Subsidiary of State Owned Enterprise PT Peroksida Indonesia Pratama Subsidiary of State Owned Enterprise PT Pertamina Bina Medika Subsidiary of State Owned Enterprise