Structure of the Company’s Subsidiaries continued

PT SUMMARECON AGUNG Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2017 and for the Six-Month Periods Then Ended Expressed in thousands of Indonesian Rupiah, unless otherwise stated 13

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d. Structure of the Company’s Subsidiaries continued

As of June 30, 2017 and December 31, 2016, The Company had direct and indirect ownership in the following Subsidiaries: continued Name of Subsidiaries Domicile Principal Activity Start of Operations Percentage of Ownership Total Assets Before Elimination June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016 Indirect Subsidiaries through SMPD continued PT Duta Sumara Abadi DTSA Jakarta Property Development - 51.00 51.00 331,255,560 312,180,872 PT Sinar Mahakam Indah SNMI Samarinda Property Development - 83.77 83.77 37,421,219 37,418,975 PT Sinar Semesta Indah SNSI Tangerang Property Development - 100.00 100.00 747,824 750,010 PT Wahyu Kurnia Sejahtera WYKS Jakarta Property Development - 100.00 100.00 183,481,065 182,546,182 PT Kahuripan Jaya Mandiri KHJM Jakarta Property Development - 51.00 51.00 50,082,919 49,662,328 PT Gunung Suwarna Abadi GNSA Jakarta Property Development - 51.00 51.00 173,661,364 174,734,839 PT Taruna Maju Berkarya TRMB Jakarta Property Development - 100.00 100.00 73,193,220 3,101,203 PT Gunung Srimala Permai GNSP Jakarta Property Development - 51.00 51.00 155,636,509 152,291,572 PT Sunda Besar Properti SDBP Bandung Property Development - 100.00 100.00 1,133,974 1,119,812 PT Maju Singa Parahyangan MJSP Bandung Property Development - 100.00 100.00 1,133,906 1,119,744 PT Surya Mentari Diptamas SYMD Jakarta Property Development - 51.00 51.00 2,819,685 2,778,293 PT Surya Menata Elokjaya SYME Jakarta Property Development - 100.00 100.00 3,007,491 2,934,730 PT Kencana Jayaproperti Agung KCJA Jakarta Property Development - 51.00 51.00 245,288,952 229,599,238 PT Kencana Jayaproperti Mulia KCJM Jakarta Property Development - 51.00 51.00 188,625,223 188,563,549 PT Sinergi Mutiara Cemerlang SGMC Makassar Property Development - 51.00 51.00 519,542,345 488,375,570 PT Sukmabumi Mahakam Jaya SBMJ Jakarta Property Development - 100.00 100.00 993,168 990,465 PT Bintang Mentari Indah BNMI Makassar Property Development - 100.00 100.00 227,573,322 213,232,474 Indirect Subsidiaries through SMIP PT Lestari Mahadibya LTMD Tangerang Investment Property 2006 100.00 100.00 1,120,329,956 1,137,721,162 PT Summerville Property Management SVPM Jakarta Property Management 2007 100.00 100.00 5,159,601 4,651,019 PT Summarecon Hotelindo SMHO Jakarta Hotel 2010 100.00 100.00 136,741,239 132,343,615 PT Makmur Orient Jaya MKOJ Bekasi Investment Property 2013 100.00 100.00 875,911,044 891,299,577 PT Kharisma Intan Properti KRIP Tangerang Investment Property 2013 100.00 100.00 205,125,301 205,116,390 PT Dunia Makmur Properti DNMP Jakarta Investment Property 2015 100.00 100.00 117,917,855 117,943,045 PT Summarecon Bali Indah SMBI Jakarta Investment Property 2016 100.00 100.00 1,382,185,991 1,344,744,240 PT SUMMARECON AGUNG Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2017 and for the Six-Month Periods Then Ended Expressed in thousands of Indonesian Rupiah, unless otherwise stated 14

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