Investment Preposition

Superbank has a sheer scale of the opportunity in the Indonesian market, positioning it at the nexus of the country`s accelerating digital transformation. Indonesia presents a significant growth environment characterized by a large, young, and increasingly connected population, yet 77% of its adults remain either unbanked or underbanked.

Critically, the nationʼs loans-to-GDP ratio is the lowest among its Southeast Asian peers, signaling a vast, untapped market for credit. By focusing on seamlessly serving the retail and MSME segments—the backbone of the economy, which remains over 55% under-financed—Superbank is targeting the highest-growth areas of financial inclusion.

Superbank is uniquely positioned as Indonesia`s leading multi-ecosystem driven, digital-first bank, a status secured through its powerful strategic shareholder base. This consortium includes Emtek, Grab, Singtel, and KakaoBank. This partnership provides an unparalleled foundation for market reach, integrating financial services directly into the daily lives of millions of users through platforms like Grab and OVO. The "Ecosystem Clearing House" strategy aims to maximize cash flow retention and drive funding, loyalty, and customer engagement, creating a scalable, cost-efficient acquisition engine that grants Superbank a structural advantage over traditional competitors.

Since its public launch in June 2024, Superbank's ecosystem-based strategy has proven highly successful, driving exceptionally rapid customer adoption. The bank reached one million customers in less than two months and grew to over six million by early 2026, underscoring the effectiveness of its seamless digital onboarding process.

Alongside this rapid expansion, Superbank delivered strong financial performance; by the end of December 2025, the total loan portfolio had grown by 50%, while third-party funds also increased by 140% year-on-year.

Superbank offers a broad and innovative suite of customer-centric digital products tailored specifically for the mass market and underserved segments.

Key offerings include Tabungan Utama, a high-yield, fee-free core account with up to 5% p.a. interest, and Celengan, a micro-savings product boasting a highly competitive 10% p.a. rate designed to cultivate healthy saving habits. For lending, the fully-digital Pinjaman Atur Sendiri PAS provides frictionless, three-minute approvals, transparent fees, and customer-centric flexibility with customizable tenors of up to 30 months, maximizing accessibility.

The firm`s operational model is defined by a strong AI and Tech-First DNA, which guarantees both scalability and high efficiency. The technological infrastructure is fully cloud and microservices-based, supporting a rapid development and deployment cycle averaging eight deployments daily, reflecting a commitment to continuous innovation.

This high-speed environment is sustained by a significant technical talent pool, with approximately 50% of Superbankʼs employees dedicated to engineering, data science, and product management, ensuring Superbank remains agile and future-ready.

A core competitive edge is the AI Powered Credit Lifecycle, which leverages proprietary Big Data from the ecosystem to execute prudent lending. Superbank gains unique access to alternative data across telco, income, transportation, media, and digital payments, integrating it with behavioral insights and bureau information.

This sophisticated, data-driven underwriting system builds a more predictive and precise view of creditworthiness than traditional methods. This allows Superbank to safely and effectively expand credit access into the underbanked and MSME segments, where lack of traditional credit history often excludes potential borrowers.

Investment confidence is further solidified by a Highly Experienced Leadership team, combining deep institutional banking knowledge with high-speed technology and consulting expertise. The management and board collectively bring decades of experience from global and regional financial powerhouses. The CEO and President Director, Tigor M. Siahaan, has over 30 years of banking experience, complemented by C-suite executives who are veterans from institutions like Citi, DBS, Grab, Accenture, and few other big institutions. This unique blend of expertise is critical for executing a sustainable, strategic growth plan in a dynamic digital market.

Superbank has demonstrated solid financial performance, with a rapid and measurable path to profitability. In less than a year after its public launch, Superbank successfully recorded a net profit in the first quarter of 2025 and continued to strengthen its performance, posting a pre-tax profit of IDR 143.3 billion by the end of December 2025.

Improved operational efficiency is reflected in the Cost-to-Income Ratio (CIR), which improved to 70.52%. At the same time, Superbank maintained strong fundamentals with a Net Interest Margin (NIM) of 10.64% and a highly robust Capital Adequacy Ratio (CAR) of 93.24%.

This achievement solidifies Superbank's position as a bank with digital services that is not only capable of rapid growth but also firmly based on strong and sustainable governance.