Listed and traded on the Indonesia Stock Exchange

  Corporate Update August 2017 MNC Media PT Global Mediacom Tbk. PT Media Nusantara Citra Tbk. PT MNC Sky Vision Tbk. Listed and traded on the Indonesia Stock Exchange STOCK CODE: BMTR MNCN MSKY

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  MNC Media Corporate Structure Section 1

MNC Media Corporate Structure Global Mediacom Tbk

  Media Nusantara Citra Tbk Content and Advertising Based Media

  62.6% MNC Sky Vision Tbk

  PT MNC Kabel Mediakom PT Sky Vision Network Subscription Based Media

  Online Media

  87.6%* 100 % 100 %

• total group ownership is currently over 95%

  Indonesia’s Media Industry Update Section 2

Macro drivers support industry growth

  

Population (2014) A Young Population : 80% - Below 50yr What are the macro drivers?

Millions

  7%

  A large & young population

  1.362 26%

   8%

  1.248

   200mn people below age of 50

   A rising middle class

  251

  71

  30

  24

   99

  17% 42%

  by domestic consumption

   0-14 15-24 25-54 55-64 65+ 60mn TV household

  Source: MPA 2015

   Source: Indonesia Statistics 2015 Only 4% of population has

Completed Education Level Monthly Household Expenditure (Rp1,000)

  university degrees

  University

  

E <600 A1 3500

  Academy 4%

  NA

  3% 22%

  

5% 6%

A2 2501-

  Indonesians prefer to watch TV 3500 D 601-

  9% 900 than to read, watching 5 hours

  13%

  Senior High of TV per day.

  29%

  B 1751- 2500 C2 901- 20%

  1250

  Elementary

  21%

  23%

  C1 1251-

  Junior High

  1750

  19%

  26%

Well Positioned in a Conducive Growth Environment

  Source: Media Partners Asia 2014 In USD/spot

  30 seconds prime time spot

   Net ad spend as % of GDP is the lowest in the region indicating solid growth potential  The price for a 30 seconds prime time spot is cheap compare to other ASEAN countries

Net Adspend as a Percentage of GDP (2013)

  0,9% 0,7% 0,7%

  0,6% 0,6%

  0,5% 0,4%

  0,4% 0,4% 0,3% 0,3% 0,3% 0,3%

  0,2% $5.400

  $5.950 $6.600

  $10.600 $16.400

  $40.000 $80.000

  Indonesia Malaysia Vietnam Thailand Philippines Singapore Australia

  Source: Media Partners Asia 2016

Industry Dynamics

   Prime time advertising slots are limited; strong demand for advertising  Local brands have been aggressive in advertising to compete with multi national companies  We expect automotive and financial companies to increase TV advertising budget

Limited Supply : Only 11 FTA TV stations Limited Supply : Only 11 FTA TV stations Demand (More brands advertising on TV)

  3% 12%

  15% 46%

  MNCN SCMA

  VIVA Trans

  24% Others

  Source: Nielsen Prime-Time all demography 2016

Low Penetration Rates in Key Segments Asia Pacific TV Penetration of Total Households (2013-2014)

  100% 99% 100% 100% 100% 100% 100% 100% 99% 99% 97% 97% 97% 97% 96% 96% 93% 93%

  86% 85% 84% 82%

  62% 61% 60% 58%

  2013 2014

  Korea Japan Singapore Hong Kong Malaysia Australia China Thailand Taiwan Vietnam Philippines India Indonesia

  

Newspaper Circulation in Indonesia Internet Household Penetration in Indonesia

  6,0 6,0

  Millions

  30,2% 27,1%

  5,9 23,7%

  20,5% 5,8

  18,0% 5,7 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014

  Source: Media Partners Asia 2015

Media viewership in 2015 Consumer Media View 2015 (%)

  TV

  96 OOH

  Internet

  38

  30 Radio

  16 Print

  14 Cinema

  10

  14

  12 2013 2014 2015

  Source: Nielsen Consumer Media View 2015

  32% 61% 71%

  2011 2014 2015

  3 hours 73% >3 hours 27%

  % of daily internet user Time Spent Internet in Daily (%) vs TV average of 5 hours per day TV still Outweighs Growing Digital and Internet Consumption Source: Nielsen Consumer Media View 2015

Decade Ago

  03.36

  01.02

  00.47

  00.31

  00.19

  00.12

  00.00

  01.12

  02.24

  04.48

  00.49

  06.00

  07.12

  08.24

  09.36

  10.48

  12.00 Q1 2016 Q1 2015 Q1 2014

  source: Nielsen 1Q US Total Audience Report

  Tablet Smartphone PC Multimedia Device Game Console DVD Radio DVR/Time-Shifted TV Live TV

  01.39

   The average American watches an astonishing 5 hours and 4 minutes of TV a day according to Nielsen.  TV’s cumulative audience increase, to 213.5 million people, or 87.9%. A year ago, reach was 210.3 million, or 87.6%.  Americans aged 18 to 24, still watch 16.2 hours a week, whilst the 35 or older watch double that in a week.  About 50 percent of Americans now have subscription services like Netflix, Amazon Prime and Hulu in their homes.  More platforms more content, benefitting content provider.

  More People Are Watching TV Now Than a

  01.51

  and millennial will come around, too

  04.31

  04.34

  04.51

  00.33

  00.33

  00.32

  01.52

  01.54

  00.58

  00.08

  00.09

  00.10

  00.14

  00.14

  00.12

  00.13

  00.09

  00.05

  00.48

  US Advertising Market Share

GROUP BEING MOST DOMINANT

Hr:M

  2016

  Source: Nielsen, Universe %, 2006 (8 cities), 2011 (10 cities) and Jan – Sep 2016 (11 cities), all people 5+, All Time

  18% 27% 17% 19% 18%

  13% 21% 21% 23% 21%

  Hr:M

  50+ 35 - 49 25 - 34 15 - 24 5 - 14

  4.18

  4.34

  4.29

  4.58

  4.21

  4.53

  4.25

  4.37

  4.26

  5.20 2006

CONSUME TV AND ONLINE MEDIA SIMULTANEOUSLY

  Simultaneous media consumption (TV + Online)

• – 2015 vs 2011

DUAL SCREEN

  

AGE

DUAL SCREEN – 2011

• – 2015

  

TOTAL

45%

  94%

10’s

  43% 93%

  2

0’s

  46% 93%

  

30’s

96% 45%

  47%

  40

’s

  92% 0% 50’s

  88%

  Source: Nielsen Cross Platform Report 2015, 16+

  ... AND THEY ’RE MOST LIKELY TALKING ABOUT TV Participation in social TV activity during 2015 (among total online population)

INTERACTING WITH OTHERS OR

  79%

Within last 12 months

  POSTING COMMENTS about TV Programs (Incl. Sports) or Movies as you are watching them, or about those

  Weekly or more often 58% you watched recently

  Within last 12 months 86% COMMENTS about TV Programs (Incl.

READING OTHER PEOPLE ’S

  Sports) or Movies as you are watching them, or about those you watched Weekly or more often 57% recently

  Source: Nielsen Cross Platform Report 2015, 16+

Media Credibility and Popularity

Most Accessible %

  Print 10% Social Media 14%

  News Portal 18% Television 57%

  N/A 1%

  Print 14% Social Media 5%

  News Portal 11% Television 66%

  N/A 4% Most Trusted %

  Source: Kompas Media Survey, May 15th 2017

Indonesia’s Media Advertising Market Share

   Given the infrastructure constraint, TV is the only medium to reach a mass audience. TV advertising is expected to maintain a dominant market share

   Online advertising to take market share from Newspaper and Magazine 2017

  2022F

  MNC Update Section 3

The Largest Integrated Media Company in Southeast Asia FREE-TO-AIR TV CONTENT SUPPORTING

  ENTERTAINMENT

  

IN HOUSE PRODUCTION UNITS

PRINT ANIMATION

DRAMA/ MOVIES/ FTV

TALENT SEARCH/ NEWS/

  RADIO

VARIETY/ SPORTS

  RCTI, MNCTV, GlobalTV, iNewsTV MNC Sports

TALENT

  NEWS & SPORTS CONTENT LIBRARY PAY-TV CHANNELS

MANAGEMENT

  Content library contains more than 300,000 hours and increasing by more than 15,000 hours per year

Our Key Growth Drivers

  RCTI, MNCTV, and Global TV grow significantly outperforming the industry iNewsTV a national network with focus on news, infotainment and sports 22 exclusive channels on MNC Sky Vision to generate ad revenue Integrated TV studios has been completed in 2015, is set to increase production capacity and quality of programming with efficient costs

Content is King

Creating the best content is our top priority

   Content is the only way to capture audience share and monetize advertising dollars

   Indonesians love “Sinetrons” and we broadcast many of the top drama series

  “Content is where I expect much of the real money will be made on the Internet, just as it was in broadcasting. The television revolution that began half a century ago spawned a number of industries, including the manufacturing of TV sets, but the long-term winners were those who used the medium to deliver information and entertainment.

  ” “Content is King” by Bill Gates in 1996

Prime-Time Nielsen TV stations ranking Rank Station Target Audience Jun-17 Share

  1 RCTI ABC 23,8

  2 SCTV ABCD 15,8

  3 ANTV ABC 14,3

  Source: Nielsen Prime-Time All Demographic 5+ Audience Share

  5 MNCTV ABCD 9,4

  6 GTV ABC 7,7

  7 TVONE ABC 5,8

  8 TRANS7 ABC 5,7

  9 TRANS ABC 4,1

  10 METRO AB 1,8

  11 INEWS AB 1,1

   We also have 22 MNC branded Pay TV Channels. These channels are integral to our content strategy

   We have licensed popular International programs such as Master Chef, Indonesian Idol and X Factor  Exclusive programming with top Hollywood studios  More than 300,000 hours of content library and increasing by more than 15,000 hours annually

  4 IVM ABCD 9,8

Top 20 Drama Series as of August 2017

• • New comedy drama series produced by MNC Pictures “Dunia Terbalik” performed very

  strong topping the program charts.
• 6 out of the Top 20 program for June 2017 belongs to MNC

  

Top 20 Drama Series as of August 2017

Source: Nielsen, ALL DEMO, 5+

Biggest producer of in-house content in Indonesia Integrated end to end programming strategy drives highest margins

• MNC produces over

  15,000 hours of in house content every year. 41 hours per day! More than any competitors in

Star Media MNC Animation Indonesia

• Full control from talent

  management to production to broadcast

RCTI, MNCTV, GTV MNC Pictures and Sport Productions

• 4 in house production

  divisions: The programming strategy allows RCTI to achieve industry leading 55% EBITDA margins.

  MNC Has The Best Talent Search Format Lineup Pioneering the international scale talent search programs in Indonesia, such as th Indonesian Idol - 8 season and running, nd X-Factor Indonesia - 2 season and running, st Rising Star Indonesia - The 1 Season with interactive talent search programs rd MasterChef Indonesia - 3 season and running The Voice Indonesia – Aired February 2016 Our talent search programs are 3x more profitable than competing “In-house” dangdut singing competition

  

The most comprehensive Pay-TV Channels line-up

   We have the most comprehensive Pay TV channel lineup in Indonesia  Our customers prefer local content  Producing content in Bahasa Indonesia is our competitive advantage  We generate subscription revenue and advertising revenue

  Sports Movies Lifestyle News Entertainment Kids Local content means it is the leader in its Pay TV category

Top 20 Most Watched Pay TV Channels for 2016

CHANNEL

  2 DISNEY CHANNEL

  10 HBO

  9 HBO HITS

  8 MNC SPORTS

  7 MNC MUSLIM

  6 DRAMA CHANNEL

  5 KIDS CHANNEL

  4 NATGEO CHANNEL

  3 CARTOON NETWORK

  Source: AGB Nielsen Report NO.

  11 COMEDY CHANNEL

  20 CELESTIAL MOVIES NO. CHANNEL

  19 CHANNEL V

  18 MOVIE CHANNEL

  17 MNC NEWS

  16 MNC INFOTAINMENT

  15 MNC ENTERTAINMENT

  14 CINEMAX

  13 FOX MOVIES PREMIUM

  12 NGC WILD

  1 DISNEY JUNIOR

Pay TV Channels to drive ad revenue for MNCN OPPORTUNITIES MNC Channels share of Pay TV audience in 2016

   Rank Sports Channel Channel Share Rank News Channel Channel Share MNCN has produced and packaged 22 Pay TV

  1 MNC SPORTS 51,70%

  1 MNC NEWS 50,822% channels exclusively for MNC Sky Vision. In return

  2 FOX SPORTS 2 20,23%

  2 BERITA SATU 37,15%

  MNCN receives 100% ad revenue

  3 FOX SPORTS 15,58%

  3 7,18% MNC WORLD NEWS  MNC Sports, MNC Infotainment, MNC News and

  CNN

  4 SOCCER CHANNEL 12,49%

  4 4,86%

  INTERNATIONAL

  MNC Business, MNC Music Channel are ranked #1 in Rank Lifestyle Channel Channel Share Rank Entertainment Channel Channel Share their respective categories versus its International

  1 MNC INFOTAINMENT 25,40%

  1 DRAMA CHANNEL 23,06% peers

  2 MNC LIFESTYLE 15,05%

  2 COMEDY CHANNEL 14,04%

  3 MNC ENTERTAINMENT 12,84% We expect MNC Channels to generate meaningful

   3 TRAVEL LIVING CHANNEL 12,91%

  4 FOOD AND TRAVEL 11,84%

  4 FOX CRIME 10,24%

  advertising revenue as subscribers grow Rank Business Channel Channel Share Rank Music Channel Channel Share

  1 CHANNEL V 54,68%

MNC Channels ’ Total Market Share for Pay TV

  2 CNBC ASIA 6,66%

  2 MUSIC CHANNEL 45,32%

  MNC Channels;

  Source : Nielsen TV Audience Measurement 2016

  30,95% Other

  Channels; 69,05%

  iNews TV the Largest National Network TV

Total : 58 Stations Nationwide th 2015

• iNews TV was launched on April 6
• Focusing on 24 hours news, entertainment and sports

  Integrated Studio Facilities

  Financial Update Media Nusantara Citra Section 4

Financial Performance from FY2013 until FY2016 (Audited) FY2013 to FY2016 Financials FY2013 to FY2016 Solvency Metrics

  24% 66x

  Debt/Equity EBITDA/Interest EBITDA Margin 2013 2014 2015 2016

  14x 39%

  37% 51%

  51% 12x

  48x 42%

  42% 45%

  6,52 2,72

  9,62 7,74

  14,26 9,57

  6,73 2,62

  14,47 9,57

  6,44 2,40

  13,61 9,40

  6,67 2,78

  Revenue EBITDA Assets Equity 2013 2014 2015 2016

Strong revenue growth with increasing EBITDA Margins Room For Further Margins Improvement

EBITDA margins (FY2011A – Q1/FY2017A; FY2020E)

  Source : Company information

  33% 38% 42% 42% 37%

  38% 40% 41% 44%

  2011A 2012A 2013A 2014A 2015A 2016A H1-2016A H1-2017A 2021E

  Highly Qualified and Experienced Management Team

   CEO of PT Asuransi Jiwa Adisarana WanaArtha in 2012, Vice CFO

   Bachelor Degree of Science from La Jolla Academy of Advertising Arts and Associate Degree Fashion Merchandising from IFS San Diego, USA

   Sales Group Head Trans TV from 2000

   Director Sales and marketing of RCTI from 2010 – 2012, GM Sales and Marketing manager and Director Sales and Marketing of CTPI from 2006-2010  AVP Sales and Marketing of Duta Visual Mandiri from 2003-2006, Head of Acquisition Manager of RCTI from 2002

  Kanti Mirdiati Imansyah Director

   Managing Director in PT Global Informasi Bermutu in 2013  Programming & Production Director in PT Rajawali Citra Televisi Indonesia in 2011  Programming & Production Director in PT Global Informasi Bermutu in 2010  Sales & Marketing Director in PT Global Informasi Bermutu in 2008  Obtained Master of Management Program from University of Indonesia majoring in Finance & Banking in 1998

  Ella Kartika Director

   Commissioner in PT CIMB Sunlife and PT Asuransi CIGNA in 2009  AGM in PT Indo Kordsa Tbk in 2000, Director of Pension Funds Indo Kordsa Director in 1996  Graduated from Prasetya Mulya, Graduate School of Management with “MM” degree in International Business in 2001  Graduated from Universitas Katolik Parahyangan with Civil Engineer Degree (Bachelor Degree) in 1984

  Faisal Dharma Setiawan CFO

  Hary Tanoesoedibjo President Commissioner

  Finance and Information System from the University of New South Wales

   Previously held several important positions such as the Managing Director of PT Media Nusantara Informasi, as Senior Manager Corporate Finance then as Head of Investor Relations of PT Media Nusantara Citra Tbk  Previously worked at PT Elektrindo Nusantara from 2005 to 2006 and PT Mobile-8 Telecom Tbk from 2003-2005  Master of Commerce in Professional Accounting from the University of New South Wales and a Bachelor of Commerce in

   Director of PT Global Mediacom Tbk since 2012. Also the President Director of PT Global Informasi Bermutu since 2010 and PT Linktone Indonesia since 2011

  David Fernando Audy CEO

   MBA degree from Ottawa University, Canada  Bachelor of Commerce (Honors) degree from Carleton University, Ottawa, Canada

  2002, President Commissioner of RCTI since 2008, President Commissioner of PT MNC Sky Vision (Indovision), President Commissioner of Media Nusantara Informasi since 2008, President Commissioner of MNC Networks since 2008, President Commissioner of MNC Pictures since 2007, and many other companies within MNC Media and Bhakti Investama Group

   Founding shareholder and Group Executive Chairman of PT Bhakti Investama Tbk. since 1989  Currently holds positions in several other companies, including Group President & CEO of PT Global Mediacom Tbk. since

• – Strategy & Finance in PT Bank CIMB Niaga Tbk. in 2009
• – 2003
• – 2003, Sales Group Head & Account Executive1990 – 2000

  Angela Tanoesoedibjo Director

   Managing Director of PT. Global Informasi Bermutu since 2014  Director of PT Megah Group since 2013 and MNI Entertainment since 2008.  Co-Vice President of MNC Channels in 2013  Corporate Finance & Business Development in 2010 – 2013.  Bachelor of Arts in Media Arts and Production from The University of Technology, Sydney and Master of Commerce in Finance from The University of New South Wales, Australia.

  Diana Airin Director

   President Director of PT. Media Nusantara Informasi, PT. MNC Networks (Radio), & PT. Cross Media International (Media Buying Agency) since 2013

   Director of Sales Marketing of Seputar Indonesia, SUN TV, High End & High End Teen, and Network Magazine in 2010  Bachelor Degree of Economy – Management from Tarumanegara University

  Arya M. Sinulingga Director

   President Director in PT Hikmat Makna Aksara (Sindo Weekly) in 2008  Corporate Secretary in PT Global Mediacom and PT Media Nusantara Citra in 2008 and 2010  Chief Editor in Global TV in 2011  Graduated from ITB (Institut Teknologi Bandung) with Bachelor of Civil Engineering degree in 1995

  Gwenarty Setiadi Independent Director

   Director of Human Resources and General Services in PT MNC Sky Vision Tbk in 2009, GM Human Resources and General Services in PT Media Nusantara Citra Tbk in 2008.  Vice President (VP) in Citibank for Human Resources and General Services in 2007, Head of Direct Sales Training Academy &

  HRRM in 2005, Outsourcing Management Head in 2004  Graduated from University of Satya Wacana with Bachelor degree in Agronomy in 1982

  Highly Qualified and Experienced Management Team

  Indonesia’s Pay-TV Industry Update Section 5

  …Presents a Unique Opportunity for Pay TV… Pay TV Subscription Revenue

Significant Potential with Low Penetration and High Growth 2014 Pay TV Penetration (%)

High Penetration, High Growth High Penetration, Low Growth Low Penetration, High Growth “Sweet Spot” Low Growth, Low Penetration

  9,0% 8,5%

New Zealand

  Thailand Korea

  

Developed Market Emerging Market

Size of bubble represents # of households (1) (1) Note

  15 Pay TV Revenue 15-20E CAGR (%)

  10

  5

  90 120

  60

  30

  Singapore

  Taiwan Hong Kong

  Malaysia Australia

  Philippines Vietnam

  6,9% 6,8%

  14,6% 12,6%

  China India

  Source Media Partners Asia 2015

  Singapore Japan

  Taiwan New Zealand

  Thailand Malaysia Australia

  Korea Hong Kong

  Indonesia China

  Philippines India

  0,9% Vietnam

  2,3% 2,0%

  3,1% 3,1%

  5,3% 4,3% 4,3%

  Indonesia Japan

Indonesia’s Pay TV Subscriber Trend

  7% 9%

  Source: Media Partners Asia 2016

  Subs %Pen/TV-HH

  6.000 7.000

2008 2009 2010 2011 2012 2013 2014 2015 2016E 2017E 2018E 2019E 2020E 2021E 2022E 2023E 2024E 2025E

  13%

  14% 13%

  13% 14% 14%

  13% 13%

  11% 12%

  10% 11%

  3% 5%

   Indonesia ’s pay TV market is estimated to reach 6 million subscribers by 2025, equaling to only 13% of TV households

  2% 3%

  6.137 6.186

  5.983 6.062

  5.674 5.857

  5.090 5.425

  4.372 4.744

  3.744 4.101

  2.437 3.175

  1.125 1.666

  739 868

• 1.000 2.000 3.000 4.000 5.000
• 8%
• 3% 2% 7% 12% 17%

Well Positioned in a Conducive Growth Environment Asia Pacific’s Pay TV subscribers (2015) Asia Pacific’s Average Pay TV Monthly ARPU (2015)

  In thousand of subs In USD

  100 Satellite

  80

  80 Cable

  IPTV

  58

  60

  42

  40

  33

  21

  20

  16

  11

  11

  9

  6 Source: Media Partners Asia 2016

Strong Market Position with Superior Content Capabilities Total subscribers (in thousands)

Company Milestones

  3000

Total subscribers in Dec 2014 = 2.5 million 2014: Launched OTT platform Indovision Anywhere

  2,529 2500

  July 2012:

IPO @ Rp 1,520/shr

  2,300 2000

  2011: MPEG 4 rollout 2009:

  1,720 1500

Launched of Indostar II satellite; migrated subscribers to Galaxy and Venus packages

  1.163

  2008:

  1000

Introduced Top TV to target low/middle class

  805

Opened sales and services offices in 43 cities

  604 500

  479

  2007: Introduction of set top box subsidy

  306 192

  9

  28

  30 56 109

  2006: Name change to MNC Skyvision 2001: Acquired 51% of Indovision and became major owner. Less than 30k subscribers

Key Initiatives

  Increase Subscriber: Introduce MVNO franchise system, New sales offices Minimize Churn: Restructured sales incentive system, Faster response. Better customer service, Member get member program Increase ARPU: Launched OTT Indovision Anywhere, Upselling Channel Packages

Our 3 Most Important Competitive Advantages

  115 channels with 37 exclusive channels; including 24 MNC branded channels The only provider that owns satellite with S-band technology Has 114 branches across Indonesia

Reliable Nationwide Coverage via S-Band

   Holds exclusive license for broadcasting using S- band spectrum

   Clear reception and resilience to heavy rainstorms that are common in Indonesia

   C-band or Ku-band used by competitors more susceptible to service outages from rain fade

   Complete coverage of Indonesia ’s 13,700 islands, over 9.8 million square kilometers

   Higher EIRP

  1 enables smaller reception disk compared to C-band  Best-in-class technology and exclusivity of S- band provides competitive advantage S-Band DTH Broadcasting Capability DTH Transmission Process

Large, Diversified, In-House Distribution Network

   Majority of new customers are sourced through in-house channels,

   Greater control, lower commissions and stringent customer verification

   Competitors rely primarily on external dealers for subscriber acquisition Network of 114 Branch Offices Across Indonesia About 82% of New Subscribers Are Acquired Through In-House Channels

  

Sumatra

D2D Call Center Sub-get-Sub Stores Club Dealers Corners 82%

  18%

  Sumatera

  Kalimantan

  Sulawesi Maluku

  Papua

  Java Branch office

  Sumatera Kalimantan

  Sulawesi Maluku

  Papua

  Branch office

MNC Sky Vision has 75% Pay TV market share 2014 2013

  Others; 15% Others; 16%

  First Media; Indovision;

  Indovision; 10%

  38% First Media;

  38% 10%

  Top TV; 25% Top TV; 25%

  Okevision; 11%

  Okevision; 12%

   MNC Sky Vision has increased market share from 74% to 75% in 2014 despite entrants of new competitors

• *Out of top 4 big players in Indonesia

  Board of Management MNC Sky Vision Section 6

Highly Qualified and Experienced Management Team

   Hari Susanto Director of the Company since November 2016  President Director Previously served as Vice President of MNC Sky Vision  President Director of PT Nuansacipta Coal Investment, PT Putra Muba Coal and PT Bhumi Sriwijaya Perdana Coal since

  2014

   Director of MNC Energy, MNC Daya Indonesia and PT Bhakti Coal Resources in 2005 to 2011.  Previously worked as Audit Manager of Public Accountant Office Prasetio, Utomo & Partners and Ernst&Young in 2001.  Graduated as Bachelor in Accounting from Universitas Padjadjaran in 1989.

  Herman Kusno

   Director Director of the Company since November 2016

• – 2016  Previously served as CFO and HR Director PT Global Informasi Bermutu January 2013

   Deputy CFOPT Media Nusantara Citra Tbk March 2008 – December 2012  Accounting, Tax and Budget Manager PT Bhakti Investama Tbk May 2003

• – June 2007

   Auditor Arthur Andersen March 1996

• – May 2003

   Auditor Cooper & Lybrand (Siddharta, Siddharta & Harsono) October 1994

• – March 1996

   Parjan Rustam Lo Director of the Company since November 2016  Director Previously served as Chief of Information Officer, Head of Mobile Applications and GM Operation for Supply Chain and

  Procurement Department PT Acer Indonesia (2007-2015), Sales Consultant Accor Asia Pacific Sidney – Australia (2000- 2001), Corporate IT and Business Process Analyst and mySAP-CRM Asia Pulp and Paper (Sinar Mas Group) (2002-2007)

   Obtained Master of Business Administration in E-Business and Marketing from University of Technology Sydney, Australia tahun 2001  Graduated as Bachelor of Computer Science and IT Management from BINUS University, Indonesia in 1997

Highly Qualified and Experienced Management Team

   Ruby Budiman Director of the Company since 2015  Non Affiliated Director Previously held several important positions as Finance Director PT MNC Kabel Mediacom (September 2014- Maret 2015),

  Sales & Marketing Director of RCTI (2013 –2014), Sales & Marketing Director of PT Cipta TPI (MNC TV) (2010 – 2013), Programming & Production Director of PT Cipta TPI (MNC TV) (2009

• – 2010) and Finance & Technology Director of PT Cipta TPI (MNC TV) (2008 - 2009).

   Other experiences as banker with Bank BCA (1992 – 2007) and Public accountant with Arthur Andersen & Co. (1991 – 1992).  Obtained Master degree in Management from Universitas Indonesia  Graduated as Bachelor in Economics from Tarumanagara University

  Dhini Widhiastuti Director

   Director of the Company since 2013  Previously held position as General Manager of Marketing since 2005

   Previously worked as Account Director in PT Kreatif Senterindo, Account Director in PT DDB Indonesia, Account Director in PT Pamungkas Pariwara, Associate Account Director in PT Mitraguna Adikriya, Account Manager in PT Leo Burnett Kreasi Indonesia, and PR Executive PT Komunikasi Cergas Ilhami.  Graduated from Akademi Sekretariat Tarakanita in 1994

   Adita Widyansari

  Director of the Company since 2014

   Director

  Previously held several important positions as as served as Senior Consumer & Market Insight Manager for Hair Care and Personal Wash of PT Unilever Tbk (1999-2006), General Manager of Marketing Insight & Strategy Bakrie Telecom Tbk (2006-2009), Vice President of Marketing Insight & Strategy Bakrie Telecom (2010), Group Vice President of Marketing Insight Customer Lifecycle Management for BTEL and BCON (August 2011), Executive Vice President of Customer Centric Management Bakrie Telecom (September 2012), and Chief of Product/Tariffs and Customer Centric Management Officer of Bakrie Telecom (February 2013) and the Business Development Director of Bakrie Digital Net (2013)

   Graduated as Bachelor of Economics from Trisakti University in 1993

  Salvona Situmeang

   Director

  Director of the Company since 2009  Previously held several important positions at the Company, such as, Assistant Manager Accounting at the Company (1997-

  1999), Manager of Finance and Accounting (2000-2005), General Manager of Finance and Accounting (2005-2007), and General Manager of Subscriber Management (2007-2008).  Graduated as Bachelor of Accounting from Sumatera Utara University in 1991

Highly Qualified and Experienced Management Team David Wongso

   Director Director of MNC Sky Vision since November 2014.

   Previously worked at PT Napan Persada and honey Lady Group as the Chief of Human Resources Officer.  Held several related positions at PT Gajah Tunggal Tbk., Charoen Pokphand Grup, Bank ABN AMRO, and other companies.  Obtained MM program from IPMI Business School and MBA from Monash University in 2006.  Graduated from Universitas Padjajaran, Bandung, Indonesia in 1994.

  Budiman Hartanu

   Director Director of MNC Sky Vision since .  Previously worked at PT Napan Persada and honey Lady Group as the Chief of Human Resources Officer.  Held several related positions at PT Gajah Tunggal Tbk., Charoen Pokphand Grup, Bank ABN AMRO, and other companies.  Obtained MM program from IPMI Business School and MBA from Monash University in 2006.  Graduated from Universitas Padjajaran, Bandung, Indonesia in 1994.

  Financial Update Global Mediacom Section 7

Financial Performance from FY2013 until FY2016 (Audited) FY2013 to FY2016 Financials

  IDR trillion 26,49 25,36

  24,62 21,07 2013

  15,89 15,29 13,91

  2014 13,36 10,66 10,57

  10,46 2015

  10,02 2016

  3,83 3,91 3,42 3,47 Revenue Assets Equity EBITDA

FY2013 to FY2016 Solvency Metrics

  104x 77% 73%

  2013 67x 61x

  60% 60x 58%

  2014 2015 38% 37%

  32% 32% 2016 Debt/Equity EBITDA/Interest EBITDA Margin

Highly Qualified and Experienced Management Team Hary Tanoesoedibjo

   Group President & CEO of PT Global Mediacom Tbk since 2002

  CEO, MNC Group

   Founding shareholder and Group Executive Chairman of PT Bhakti Investama Tbk. since 1989

   Currently holds positions in several other companies, including Group President & CEO of PT Media Nusantara Citra Tbk. since 2004, President Commissioner of RCTI since 2008, President Commissioner of PT MNC Sky Vision (Indovision), President Commissioner of Media Nusantara Informasi since 2008, President Commissioner of MNC Networks since 2008, President Commissioner of MNC Pictures since 2007, and many other companies within MNC Media and Bhakti Investama Group  MBA degree from Ottawa University, Canada

   Bachelor of Commerce (Honors) degree from Carleton University, Ottawa, Canada

  Oerianto Guyandi CFO  Director of MNC since 2009 and Group CFO since 2008. Also CFO of PT Global Mediacom Tbk.

   Previously held several important positions such as Director/Vice President Director in PT MNC Sky Vision, PT Rajawali Citra Televisi Indonesia, and PT Global Informasi Bermutu  Started his career in Public Accounting Firm Prasetio Utomo & Co. (Arthur Andersen) and Salim Group  Bachelor degree in Economy in Accounting from the University of Indonesia and a Bachelor degree in Agricultural Engineering from Institute Pertanian Bogor in Indonesia

  David Fernando Audy

   Director of PT Global Mediacom Tbk since 2012. Also the President Director of PT Global Informasi Bermutu since 2010 and

  Director

  PT Linktone Indonesia since 2011  Previously held several important positions such as the Managing Director of PT Media Nusantara Informasi, as Senior Manager Corporate Finance then as Head of Investor Relations of PT Media Nusantara Citra Tbk  Previously worked at PT Elektrindo Nusantara from 2005 to 2006 and PT Mobile-8 Telecom Tbk from 2003-2005  Master of Commerce in Professional Accounting from the University of New South Wales and a Bachelor of Commerce in

  Finance and Information System from the University of New South Wales

Highly Qualified and Experienced Management Team Syafril Nasution

   Vice President Commissioners PT Media Nusantara Informasi since 2013, Director of PT Rajawali Citra Televisi Indonesia

  Director

  since 2009 and PT MNC Tol Investama since 2013 also serves as President Director of PT Indonesia Transport & Infrastructure,Tbk since 2009.  Previously held several important positions such as President Director of PT MNC Infrastruktur Utama, President Director of

  PT Sun Televisi Network, President Director of Media Nusantara Informasi, President Director of PT Media Nusantara Press  Previously worked at PT Bimantara Siti Wisesa from 1984 - 1994, PT Bima Sepaja Abadi from 1994 - 1999, PT Multi Nitrotama Kimia 1999 - 2008  Bachelor of Economics in Corporate Economics from Institute of Economic Science Perbanas

  Christophorus Taufik

   Independent Commissioner of PT Indonesia Transport & Infrastructure Tbk, Commissioner of PT MNC Energi and

  Director Commissioner of PT Bhakti Coal Resources.

   Senior Vice President Legal Counsel Group of CEO at PT Media Nusantara Citra Tbk (2011-2015), Legal Deputy Director and Corporate Secretary of PT Mobile-8 Telecom Tbk (2005-2008) and Legal General Manager of PT Natrindo Telepon Selular (Axis) (2005).  Corporate Lawyer of PT Excelcomindo Pratama Tbk (1999-2005), Manager of Plant Property Acquisition (1998-1999), and Lawyer (1996-1998). He was also a Legal Supervisor at PT Jan Darmadi Corporation (1993-1996).  Graduated Bachelor of Civil Law from Trisakti University

  Indra P Prastomiyono

   Director of Mediacom since 2008

  Independent Director

   Previously worked in Citibank Indonesia for 8 years with positions as Credit Risk Operations Director (4years) and Human Resources Director (4 years), Principal Consultant at Pricewaterhouse Coopers and General Manager Training & Development in PT Excelcomindo Pratama Tbk. Also a “Research Associate” in the Notredame Dave University in 1993-1994 and as a Lecture of the Institute PPM fro more  than 8 years.

   Currently, a speaker at several seminars, particularly in the areas of leadership and human resources.  MBA degree in Marketing from Strathclyde Graduate Business School, Scotland, Britain

  Broadband and New Media Section 8

  Play Media at a Glance (has reached positive EBITDA and Net Income on 2016)

  Notes

  1 Up to 31 December 2016

  2 Average 2016

  3 ARPU Monthly 2016

  Broadband Market is at the Cusp of Rapid Growth …

Indonesia Has Amongst the Lowest Fixed Broadband Penetration… 2015 (%)

  …And A Relatively Low Average Fixed Broadband Speed… Mbps

  0%

  Kong Philip- pines Thailand Korea Vietnam Indonesia China

  9 Singapore Malaysia Hong

  12

  13

  16

  19

  26

  28

  31

  34

  Korea …With Substantial Headroom for ARPU Growth 2015 (US$)

  Philip- pines Indonesia Vietnam China Malaysia Thailand Singapore Hong Kong

  2% 2% 1%

  26,1 21,9

  6% 3%

  10% 8% 8%

  Indonesia

  Singapore Korea Hong Kong China Malaysia Vietnam Thailand Philip- pines

  8%

  26% 9%

  34% 31%

  84% 46%

  107% 103%

  Korea Hong Kong Singapore Thailand Vietnam Malaysia Indonesia China Philip- pines

  6,3 4,5

  8,3 8,2 6,7

  20,2 13,3