PT Indomobil Sukses Internasional Tbk dan entitas anaknya/and its subsidiaries

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as of March 31, 2021 (Unaudited) and December 31, 2020 (Audited)

and for the three months ended

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Daftar Isi Table of Contents

Halaman/

Page

Surat Pernyataan Direksi Board of Director’s Statement

Laporan Posisi Keuangan Konsolidasian ...….. 1-3 ……….. Consolidated Statement of Financial Position

Laporan Laba Rugi dan Penghasilan (Rugi) Consolidated Statement of Profit or Loss

Komprehensif Lain Konsolidasian …………..…… 4-5 …..…....and Other Comprehensive Income (Loss)

Laporan Perubahan Ekuitas Konsolidasian ………... 6 ………Consolidated Statement of Changes in Equity

Laporan Arus Kas Konsolidasian ...…………. 7-8 …….……….. Consolidated Statement of Cash Flows

Catatan atas Laporan Keuangan Konsolidasian... 9-298 ...Notes to the Consolidated Financial Statements

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Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial 31 Maret 2021/ Catatan/ 31 Desember 2020/

March 31, 2021 Notes December 31, 2020

ASET ASSETS

ASET LANCAR CURRENT ASSETS

Kas dan setara kas 2,715,164,850,306 2d,2h,4 2,896,689,252,326 Cash and cash equivalents

Penempatan jangka pendek 1,009,155,037,324 2e,31e 1,002,496,166,114 Short-term investment

Piutang usaha 2h,5 Trade receivables

Pihak-pihak berelasi 418,211,883,535 2f,30 312,444,377,725 Related parties

Pihak ketiga - neto 1,811,471,444,185 13,17 1,536,648,240,033 Third parties - net

2f,2h,2r,2s,

Piutang pembiayaan - neto 6,019,554,458,061 7,13,17,30 5,861,282,492,673 Financing - net

Piutang lain-lain Other receivables

Pihak-pihak berelasi 2,042,290,496,656 2f,2h,30 2,138,597,842,629 Related parties

Pihak ketiga - neto 529,895,460,509 477,000,106,951 Third parties - net

2g,6,13,

Persediaan - neto 2,869,782,153,604 17,30 2,979,806,936,307 Inventories - net

Aset yang dikuasakan kembali

-neto 343,577,618,151 2p,11 352,929,576,746 Foreclosed assets - net

Uang muka pembelian 113,127,257,722 146,158,842,334 Advance payments

Pajak dibayar dimuka 363,211,747,670 2u,16a 234,630,275,690 Prepaid tax

Biaya dibayar dimuka 544,715,680,871 2i 170,062,766,329 Prepaid expenses

Piutang derivatif - neto 11,383,536,216 - Derivatives receivable - net

Aset lancar lainnya 13,766,567,175 - Other current assets

Total Aset Lancar 18,805,308,191,985 18,108,746,875,857 Total Current Assets

ASET TIDAK LANCAR NON-CURRENT ASSETS

2f,2h,2r,2s,

Piutang pembiayaan - neto 5,397,810,142,192 7,13,17,18,30 5,854,597,892,715 Financing receivables - net

Investments in shares of

Penyertaan saham - neto 2,466,845,785,575 2j,8,30,31e 2,407,266,414,584 stock - net

2l,9,13,

Aset tetap - neto 15,463,321,989,125 17,30,31 15,355,218,530,538 Fixed assets - net

Properti investasi 4,604,087,113,651 2m,10,30 4,604,087,113,651 Investment properties

Aset hak guna - neto 177,036,543,578 40 178,123,853,692 Right of used assets - net

Aset pajak tangguhan - neto 372,206,199,353 2u,16d 368,541,946,560 Deferred tax assets - net

Taksiran tagihan pajak Estimated claims for

penghasilan 370,703,715,326 16c 550,436,638,868 tax refund

Kas di bank dan deposito

berjangka yang dibatasi 2d,2h,12, Restricted cash in banks

penggunaannya 21,746,157,574 31 10,713,191,492 and time deposits

Piutang pihak-pihak berelasi 18,108,168,158 30 18,363,268,982 Due from related parties

Piutang derivatif - neto 62,299,670,570 2h,17,31 - Derivatives receivable - net

2e,2h,2i,

Aset tidak lancar lainnya 728,762,924,191 8,30,31e 952,604,768,143 Other non-current assets

Total Aset Tidak Lancar 29,682,928,409,293 30,299,953,619,225 Total Non-Current Assets

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31 Maret 2021/ Catatan/ 31 Desember 2020/

LIABILITAS DAN EKUITAS SHAREHOLDERS' EQUITY

LIABILITAS JANGKA PENDEK CURRENT LIABILITIES

Utang jangka pendek 12,431,336,417,302 2h,13,39 12,272,315,341,419 Short-term loans

Utang 2h,13 Accounts payable

Usaha 14 Trade

Pihak ketiga 1,419,694,144,512 1,082,190,674,396 Third parties

Pihak-pihak berelasi 363,433,753,585 2f,30 382,388,344,206 Related parties

Lain-lain Others

Pihak ketiga 507,811,588,402 1,059,089,630,518 Third parties

Pihak-pihak berelasi 308,795,994,514 2f,30,31 307,354,703,267 Related parties

Uang muka pelanggan dan Advances from customers

penyalur 367,798,413,244 106,639,368,994 and distributors

Utang pajak 224,815,372,707 2u,16b,16c 51,184,340,340 Taxes payable Beban akrual 956,515,388,694 2h,15,18 657,750,407,312 Accrued expenses

Liabilitas imbalan kerja Short-term employees

jangka pendek 43,415,539,110 23,386,646,359 benefit liabilities Pendapatan diterima di muka 33,917,747,195 22,841,857,310 Unearned revenue Utang derivatif - neto 10,119,878,136 2h,17,31 56,742,625,411 Derivatives payable - net Utang sewa hak guna 7,564,506,423 34,764,306,094 Lease liabilities Utang jangka panjang yang

jatuh tempo dalam waktu Current maturities of

satu tahun 2h long-term debts

Utang bank 6,250,048,103,514 13,17,31,39 6,909,130,683,211 Bank loans

Utang obligasi - neto 810,975,592,983 2q,7,18 929,218,585,982 Bonds payable - net Pembiayaan konsumen 288,381,460 2f,2s,17,30 279,891,580 Consumer financing Sewa pembiayaan 12,702,404,114 17 13,513,725,190 Finance lease Utang lainnya 38,849,675,338 20,30 50,754,828,172 Other loans

Total Liabilitas Jangka

Pendek 23,788,082,901,233 23,959,545,959,761 Total Current Liabilities

LIABILITAS JANGKA

PANJANG NON-CURRENT LIABILITIES

Utang jangka panjang -setelah dikurangi bagian

yang jatuh tempo dalam Long-term debts - net of

waktu satu tahun 2h current maturities

Utang bank 10,574,883,099,378 13,17,31,39 9,860,847,429,750 Bank loans

Utang obligasi - neto 383,247,946,457 2q,7,18 504,100,429,001 Bonds payable - net Pembiayaan konsumen - 2f,2s,17,30 75,358,360 Consumer financing Sewa pembiayaan 10,064,723,373 17 12,580,082,956 Finance lease Utang lainnya 13,340,761,591 17,30 19,998,416,900 Other loans

Penyisihan imbalan Provision for employee service

kerja karyawan 356,066,256,341 2w,30,32 348,954,501,242 entitlements benefits Pendapatan diterima di muka 28,199,245,656 2r,31 54,273,254,395 Unearned revenue Liabilitas pajak tangguhan -

neto 222,994,828,700 2u,16d 220,612,524,776 Deferred tax liabilities - net Utang derivatif - neto 341,820,617,031 2f,2h,6,30 711,376,377,287 Derivatives payable - net Utang sewa hak guna 31,042,632,324 - Lease liabilities

Total Liabilitas Jangka

Panjang 11,961,660,110,851 11,732,818,374,667 Total Non-current Liabilities

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Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial

31 Maret 2021/ Catatan/ 31 Desember 2020/

EKUITAS SHAREHOLDERS' EQUITY

Ekuitas yang Dapat Diatribusikan Equity Attributable to the Equity

kepada Pemilik Entitas Induk Holders of the Parent Company

Modal saham Share capital

Modal dasar - 7.600.000.000 saham

dengan nilai nominal Authorized - 7,600,000,000 shares

Rp250 per saham par value of Rp250 each

Modal ditempatkan dan disetor Issued and fully paid

-penuh - 3.994.291.039 saham 3,994,291,039 shares

pada tanggal 31 Maret 2021 as of March 31, 2021

dan 31 Desember 2020 998,572,759,750 1b,20 998,572,759,750 and December 31, 2020 Tambahan modal disetor 2,893,848,501,968 1b,21 2,893,848,501,968 Additional paid-in capital

Selisih transaksi perubahan Difference arising from changes

Ekuitas Entitas Anak dan in equity of subsidiaries and

dampak transaksi dengan effects of transactions

kepentingan non pengendali (1,346,042,392) 2b,24 (1,346,042,392) with non controlling interests Komponen ekuitas lainnya 6,162,794,209,999 23 6,096,878,756,038 Other components of equity

Saldo laba 22 Retained earnings

Ditentukan penggunaannya 19,000,000,000 19,000,000,000 Appropriated Belum ditentukan penggunaannya 763,412,506,295 825,173,059,900 Unappropriated

Sub-total 10,836,281,935,620 10,832,127,035,264 Sub-total

Kepentingan Nonpengendali 1,902,211,653,574 2b,19 1,884,209,125,390 Non-controlling Interests

Total Ekuitas 12,738,493,589,194 12,716,336,160,654 Total Equity

TOTAL LIABILITAS DAN TOTAL LIABILITIES AND

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Tiga Bulan yang Berakhir pada Tanggal 31 Maret /

Three Months Ended March 31,

Catatan/

2021 Catatan/ 2020

Notes 2f,2r,2s, 2t,25,30,

PENDAPATAN NETO 4,540,738,483,203 31 4,461,261,255,768 NET REVENUES

2f,2r,

BEBAN POKOK PENDAPATAN 3,600,729,232,080 9,26,30,31 3,546,901,162,239 COST OF REVENUES

LABA KOTOR 940,009,251,123 914,360,093,529 GROSS PROFIT

2r,9,

Beban penjualan (371,537,206,164) 27,30 (313,721,463,981) Selling expenses

Beban umum dan 2r,9, General and administrative

administrasi (411,791,619,656) 27,30 (437,312,316,263) expenses

Pendapatan operasi lain 159,518,022,240 28,31 112,548,632,952 Other operating income

Beban operasi lain (35,896,928,948) 28,31 (66,990,668,118) Other operating expenses

LABA USAHA 280,301,518,595 208,884,278,119 OPERATING INCOME

Bagian atas laba (rugi) neto Equity in net earnings (losses) of

entitas asosiasi - neto 11,269,104,141 2b,2j,8 (10,712,408,416) associated companies - net

Laba atas penjualan investasi - 8 17,797,847,368 Gain on sale of investment

Pendapatan keuangan 97,824,967,331 57,353,750,600 Finance income

Beban keuangan (405,968,294,797) (408,809,449,740) Finance charges

LABA (RUGI) SEBELUM PAJAK FINAL INCOME (LOSS) BEFORE FINAL TAX

DAN BEBAN PAJAK PENGHASILAN (16,572,704,730) (135,485,982,069) AND INCOME TAX EXPENSE

Pajak Final (5,334,878,329) 16e,24 (5,472,385,205) Final Tax

LABA (RUGI) SEBELUM BEBAN INCOME (LOSS) BEFORE

PAJAK PENGHASILAN (21,907,583,059) (140,958,367,274) INCOME TAX EXPENSE

Beban pajak penghasilan -neto (42,405,521,592) 2u,16c (44,633,504,105) Income tax expense - net

RUGI PERIODE BERJALAN (64,313,104,651) (185,591,871,379) LOSS FOR THE PERIOD

Penghasilan (beban) komprehensif lain: Other comprehensive income (expense) :

Pos-pos yang akan direklasifikasi ke Items to be reclassified to

Laba Rugi pada periode mendatang : Profit or Loss in subsequent periods :

Selisih kurs penjabaran laporan Foreign exchange difference from

keuangan dalam mata uang asing 1,277,545,555 6,321,908,875 translation of financial statements

Perubahan neto nilai wajar Net change in fair value of

instrumen derivatif - setelah pajak 80,249,991,588 31 (52,288,356,535) derivative instruments - net of tax

Pos yang tidak akan direklasifikasi ke Item not to be reclassified to

Laba Rugi pada periode mendatang : Profit or Loss in subsequent periods :

Perubahan neto atas laba/(rugi) Net change in recognized

aktuarial yang diakui - setelah pajak (3,457,003,952) 2w (40,059,589) actuarial gain/(loss) - net of tax

Penghasilan (beban) komprehensif lain 78,070,533,191 (46,006,507,249) Other Comprehensive Income (expense)

TOTAL PENGHASILAN (RUGI) KOMPREHENSIF TOTAL COMPREHENSIVE

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Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial Tiga Bulan yang Berakhir pada Tanggal 31 Maret /

Catatan/

2021 Catatan/ 2020

Notes

RUGI PERIODE BERJALAN YANG LOSS FOR THE PERIOD

DAPAT DIATRIBUSIKAN KEPADA : ATTRIBUTABLE TO :

Pemilik Entitas Induk (61,760,553,605) (164,497,907,493) Equity holders of the parent entity

Kepentingan nonpengendali (2,552,551,046) 2b,19 (21,093,963,886) Non-controlling interests

TOTAL (64,313,104,651) (185,591,871,379) TOTAL

TOTAL PENGHASILAN (RUGI) KOMPREHENSIF TOTAL COMPREHENSIVE

PERIODE BERJALAN YANG DAPAT INCOME (LOSS) FOR THE PERIOD

DIATRIBUSIKAN KEPADA : ATTRIBUTABLE TO :

Pemilik entitas induk 4,154,900,356 (207,816,096,624) Equity holders of the parent entity

Kepentingan nonpengendali 9,602,528,184 2b,19 (23,782,282,004) Non-controlling interests

TOTAL 13,757,428,540 (231,598,378,628) TOTAL

RUGI PER SAHAM DASAR BASIC LOSS PER SHARE

YANG DAPAT DIATRIBUSIKAN ATTRIBUTABLE TO EQUITY

KEPADA PEMILIK ENTITAS INDUK (15.46) 2y,29 (59.49) HOLDERS OF THE PARENT ENTITY

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Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan The accompanying notes to the consolidated financial statements form an integral part of these consolidated

Other Component of Equity

Selisih Kurs Penjabaran

Laporan Keuangan Perubahan Pengakuan

dalam Neto Nilai Wajar Perubahan Awal Atas

Mata Uang Instrumen Neto Atas Nilai Wajar

Dampak Transaksi Asing/ Derivatif - Neto Laba/(Rugi) Properti

Dengan Kepentingan Exchange Perubahan Setelah Pajak/ Aktuarial yang Investasi/

Tambahan Nonpengendali/ Difference Due Neto Nilai Wajar Net Change Diakui Initial Kepentingan

Modal Ditempatkan Modal Disetor/ Effects of Saldo Laba / Retained Earnings to Translation Investasi/ in Fair Value Net Change in Recognition of Nonpengendali/

dan Disetor Penuh/ Additional Transactions with Ditentukan Belum Ditentukan of Financial Net Change of Derivative Recognized Fair Value of Company

Catatan/ Issued and Fully Paid-in Non-controlling Penggunaannya/ Penggunaannya/ Statement in in Fair Value Instruments Actuarial Investment Jumlah/ Non-controlling Total Ekuitas/

Notes Paid Capital Capital Interest Appropriated Unapproriated Foreign Currency of Investment -net of Tax Gain/(Loss) Properties Total Interests Total Equity

Saldo 31 Desember 2019 691,319,603,000 2,531,541,023,186 (1,346,042,392) 18,000,000,000 1,585,117,647,827 232,519,190,346 - (191,503,739,490) (1,148,497,626) 3,239,977,039,006 8,104,476,223,857 1,303,661,395,852 9,408,137,619,709 Balance as of December 31, 2019

Dampak penerapan PSAK 71 41 - - - - (199,224,998,117) - 643,803,718,369 - - - 444,578,720,252 (25,535,528,399) 419,043,191,853 Effect of initial implementation of SFAS 71

Saldo pada tanggal 31 Desember 2019 Balance as of December 31, 2019

setelah penerapan awal PSAK 71 691,319,603,000 2,531,541,023,186 (1,346,042,392) 18,000,000,000 1,385,892,649,710 232,519,190,346 643,803,718,369 (191,503,739,490) (1,148,497,626) 3,239,977,039,006 8,549,054,944,109 1,278,125,867,453 9,827,180,811,562 after initial application of SFAS 71

Laba/(rugi) komprehensif lainnya - - - 3,793,145,325 - (43,234,458,120) (3,876,876,336) - (43,318,189,131) (2,688,318,118) (46,006,507,249) Other comprehensive income/(loss)

Laba (rugi) tahun berjalan - - - - (164,497,907,493) - - - (164,497,907,493) (21,093,963,886) (185,591,871,379) Net income (loss) for the year

Saldo 31 Maret 2020 691,319,603,000 2,531,541,023,186 (1,346,042,392) 18,000,000,000 1,221,394,742,217 236,312,335,671 643,803,718,369 (234,738,197,610) (5,025,373,962) 3,239,977,039,006 8,341,238,847,485 1,254,343,585,449 9,595,582,432,934 Balance as of March 31, 2020

Saldo 31 Desember 2020 998,572,759,750 2,893,848,501,968 (1,346,042,392) 19,000,000,000 825,173,059,900 232,860,901,670 544,992,983,858 (386,854,000,876) (38,118,204,327) 5,743,997,075,713 10,832,127,035,264 1,884,209,125,390 12,716,336,160,654 Balance as of December 31, 2020

Laba/(rugi) komprehensif lainnya - - - 766,527,333 - 58,377,665,591 6,771,261,037 - 65,915,453,961 12,155,079,230 78,070,533,191 Other comprehensive income/(loss)

Penambahan kepentingan Addition to

nonpengendali 19 - - - 8,400,000,000 8,400,000,000 non-controlling interests

Laba (rugi) tahun berjalan - - - - (61,760,553,605) - - - (61,760,553,605) (2,552,551,046) (64,313,104,651) Net income (loss) for the year

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Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial Tiga Bulan yang Berakhir pada Tanggal 31 Maret /

2021 Catatan/ 2020

Notes

ARUS KAS DARI AKTIVITAS CASH FLOWS FROM

OPERASI OPERATING ACTIVITIES

Penerimaan kas dari pelanggan 5,734,824,048,857 6,085,413,786,723 Cash receipts from customers

Pembayaran kas kepada pemasok (4,196,997,088,297) (4,898,443,947,973) Cash payments to suppliers

Pembayaran beban usaha (369,603,237,930) (435,003,978,808) Payments of operating expenses

Pembayaran beban gaji (294,783,551,473) (288,522,098,042) Payment of salaries

Pembayaran beban bunga dan Payments of interest and other

beban keuangan lainnya pada financing charges in

perusahaan pembiayaan (225,874,065,800) (350,591,265,788) financing company

Pembayaran pajak (180,119,930,080) (178,379,049,075) Payments of taxes

Penerimaan lain-lain - neto 321,507,091,945 113,011,567,648 Other receipts - net

Kas neto diperoleh dari (digunakan Net cash provided by (used in)

untuk) aktivitas operasi 788,953,267,222 47,485,014,685 operating activities

ARUS KAS DARI AKTIVITAS CASH FLOWS FROM INVESTING

INVESTASI ACTIVITIES

Pembelian aset tetap (305,904,561,033) 34 (251,704,468,208) Acquisition of fixed assets

Addition in investment in shares

Penambahan penyertaan saham (48,332,130,000) 8 - of stock

Penerimaan dari penjualan Proceeds from sale of

aset tetap 8,365,630,114 3,827,625,392 fixed assets

Bunga yang diterima dan penerimaan Interest received on and

(penempatan) kas di bank dan proceeds from (placement) of

deposito berjangka yang dibatasi restricted cash in banks and

penggunaannya dan investasi lainnya 230,440,895,523 128,523,067,472 time deposits and other investments

Kas neto digunakan untuk Net cash used in

aktivitas investasi (115,430,165,396) (119,353,775,344) investing activities

ARUS KAS DARI AKTIVITAS CASH FLOWS FROM

PENDANAAN FINANCING ACTIVITIES

Penerimaan dari utang jangka Proceeds from short-term loans

pendek 5,554,326,890,531 40 7,345,000,911,911 availments

Penerimaan dari utang jangka Proceeds from long-term debts

panjang 4,806,543,920,580 40 1,036,355,683,670 availments

Pembayaran utang jangka pendek (5,403,914,047,506) (4,921,237,132,226) Payments of short-term loans

Pembayaran utang jangka

panjang (5,133,841,060,769) (1,745,741,653,261) Payments of long-term debts

Pembayaran untuk sumber Payments of other financing

pendanaan lainnya (41,589,506,629) (340,491,417,064) activities

Penerimaan dari sumber Proceeds from other financing

pendanaan lainnya 422,065,781 303,512,628,167 activities

Penerimaan penambahan modal Proceeds from additional capital

saham dari kepentingan stock contribution of

nonpengendali 3,156,989,380 - non-controlling interests

Pembayaran beban bunga dan Payments of interest and other

beban keuangan lainnya (412,425,511,248) (382,968,121,792) financing charges

Pembayaran obligasi (240,000,000,000) (515,000,000,000) Payments of bonds

Pembayaran utang sewa hak guna (1,209,175,555) - Payment of lease liabilities

Kas neto diperoleh dari

(digunakan untuk) Net cash provided by (used in)

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Tiga Bulan yang Berakhir pada Tanggal 31 Maret / Three Months Ended March 31,

2021 Catatan/ 2020

Notes

KENAIKAN (PENURUNAN) NET INCREASE

NETO KAS DAN (DECREASE) IN CASH

SETARA KAS (195,006,333,609) 707,562,138,746 AND CASH EQUIVALENTS

KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS

AWAL PERIODE 2,896,689,252,326 4 1,389,832,206,332 AT BEGINNING OF PERIOD

Dampak neto perubahan Net effect of changes in

nilai tukar atas kas dan exchange rate on cash and

setara kas 13,481,931,589 17,701,438,884 cash equivalents

KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS

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1. UMUM 1. GENERAL

a. Pendirian Perusahaan a. Establishment of the Company

PT Indomobil Sukses Internasional Tbk (“Perusahaan”) didirikan berdasarkan hasil penggabungan usaha antara PT Indomulti Inti

Industri Tbk (IMII) dan PT Indomobil

Investment Corporation (IIC) pada tanggal 6

November 1997 di mana IMII adalah

perusahaan yang melanjutkan usaha. IMII didirikan pada tanggal 20 Maret 1987

berdasarkan Akta Notaris Benny

Kristianto, S.H., No. 128. Akta pendirian Perusahaan disahkan oleh Menteri Kehakiman Republik Indonesia dalam surat keputusan

No. C2-10924.HT.01.01.TH.88 tanggal

30 November 1988 dan diumumkan dalam Lembaran Berita Negara No. 32, Tambahan

No. 1448 tanggal 20 April 1990.

Penggabungan usaha tersebut telah disetujui oleh Menteri Kehakiman, Badan Koordinasi Penanaman Modal dan Direktorat Jenderal

Pajak pada tahun 1997. Setelah

penggabungan usaha, nama IMII berubah menjadi PT Indomobil Sukses Internasional Tbk. Sejak tanggal penggabungan usaha,

Perusahaan dan Entitas Anak

mengkonsentrasikan kegiatannya dalam

bidang otomotif dan kegiatan penunjangnya. Anggaran dasar Perusahaan telah mengalami beberapa kali perubahan, terakhir dengan Akta Notaris Poerbaningsih Adi Warsito, S.H., No. 41 tanggal 19 Juli 2019. Perubahan anggaran dasar ini telah disahkan oleh Menteri Hukum dan Hak Asasi Manusia dalam surat

keputusan No. AHU-0043807.AH.01.02.

TAHUN 2019 tanggal 30 Juli 2019.

PT Indomobil Sukses Internasional Tbk (the “Company”) was initially established as a result of the merger between PT Indomulti Inti Industri Tbk (IMII) and PT Indomobil

Investment Corporation (IIC) on

November 6, 1997 where IMII is the surviving entity. IMII was established on March 20, 1987 based on Notarial Deed No. 128 of Benny Kristianto, S.H. The deed of establishment was approved by the Ministry of Justice of the Republic of Indonesia in its decision letter

No. C2-10924.HT.01.01.TH.88 dated

November 30, 1988 and was published in State Gazette No. 32, Supplement No. 1448 dated April 20, 1990. The merger was approved by the Ministry of Justice,

the Capital Investment Coordinating

Board and the Directorate General of Taxes in 1997. After the merger, IMII’s name was changed to PT Indomobil Sukses Internasional Tbk. Since the merger date, the Company and Subsidiaries concentrated their activities in the automotive and its support businesses. The Company’s articles of association has been amended from time to time, the last of which was made by Notarial Deed No. 41 of Poerbaningsih Adi Warsito, S.H., dated July 19, 2019. The amendment was approved by the Minister of Laws and Human Rights in its decision letter

No. AHU-0043807.AH.01.02.YEAR 2019

dated July 30, 2019.

Perusahaan dan Entitas Anak (selanjutnya disebut “Grup”) didirikan dan menjalankan kegiatan usahanya di Indonesia. Ruang lingkup kegiatan Grup bergerak dalam bidang perakitan dan distribusi kendaraan bermotor roda empat, bis dan truk, serta alat berat dengan merek “Suzuki”, “Nissan”, ”Datsun”, “Volvo”, “Volkswagen (VW)”, “SsangYong”, “AUDI”, ”KIA”, “Hino”, “Renault”, “Manitou”, “GEHL”, “Kalmar”, ”Mantsinen”, ”John Deere”, “Foton”, “Great Wall”, “SDLG”, ”HIAB”, ”TEL Equipment” dan ”Bandit” dan/atau kendaraan bermotor roda dua beserta suku cadangnya, perbengkelan, jasa keuangan, pembiayaan konsumen, penyewaan, logistik dan jual beli kendaraan bekas pakai serta distribusi bahan bakar merek Exxon.

The Company and Subsidiaries (hereinafter collectively referred to as “the Group”) were all incorporated in and conduct their operations in Indonesia. The scope of activities of the Group is engaged in assembling and distribution of automobiles, buses, trucks, and heavy equipments which, currently include the brand names of “Suzuki”, “Nissan”, ”Datsun”, “Volvo”, “Volkswagen (VW)”, “SsangYong”, “AUDI”, “KIA”, “Hino”, “Renault”, “Manitou”, “GEHL”, “Kalmar”, ”Mantsinen”, ”John Deere”, “Foton”, “Great Wall”, “SDLG”, “HIAB”, ”TEL Equipment” and “Bandit” and/or motorcycles and their related components, providing automotive maintenance services, financing activities, consumer financing, rental, logistic and trading of used cars and fuel distribution with Exxon brand.

(13)

1. UMUM (lanjutan) 1. GENERAL (continued)

a. Pendirian Perusahaan (lanjutan) a. Establishment of the Company (continued)

Bidang usaha Perusahaan adalah melakukan

penyertaan saham dalam

perusahaan-perusahaan atau kegiatan lainnya yang terkait dengan industri otomotif (Catatan 1d).

The Company’s business activity is to participate in the equity ownership of other companies which are engaged in the automotive business (Note 1d).

Perusahaan berlokasi di Wisma Indomobil, Jl. MT. Haryono Kav. 8, Jakarta. Fasilitas pabrik dan perakitan Grup terutama berlokasi di kawasan industri sekitar Jakarta dan Jawa Barat, sedangkan fasilitas penunjang servis otomotif lainnya, seperti dealer, bengkel dan pembiayaan terutama berlokasi di kota besar

di Jawa, Sumatera dan Kalimantan.

Perusahaan memulai kegiatan komersialnya pada tahun 1990.

The Company is located in Wisma Indomobil, Jl. MT. Haryono Kav. 8, Jakarta. The Group’s manufacturing and assembling facilities are mainly located in industrial estates around Jakarta and West Java, while other supporting automotive services such as dealership, workshop and financing are mainly located in big cities in Java, Sumatera and Kalimantan.

The Company started its commercial

operations in 1990. Gallant Venture Ltd., Singapura adalah entitas

induk dari Perusahaan (Catatan 20).

Gallant Venture Ltd., Singapore is the parent entity of the Company (Note 20).

b. Penawaran Umum Efek Perusahaan dan Tindakan Perusahaan yang Mempengaruhi Efek yang Diterbitkan

b. Public Offering of the Company’s Shares and the Company’s Corporate Actions which Affected the Issued Shares

Pada tahun 1993, Perusahaan melakukan penawaran umum perdana saham sejumlah 22.000.000 saham dengan nilai nominal seribu Rupiah (Rp1.000) per saham melalui Bursa Efek Jakarta. Pada tahun 1994, obligasi konversi Perusahaan sebesar AS$6.500.000 telah dikonversikan menjadi 2.912.568 saham baru dengan harga konversi sebesar Rp4.575 per saham. Pada tahun 1995, Perusahaan menerbitkan 99.650.272 saham tambahan melalui penawaran umum terbatas (rights issue) dimana untuk setiap saham yang dimiliki, pemegang saham berhak untuk membeli empat (4) saham Perusahaan dengan harga penawaran sebesar Rp2.100.

In 1993, the Company made an initial public offering of its 22,000,000 shares with a par value of one thousand Rupiah (Rp1,000) per share through the Jakarta Stock Exchange. In 1994, the Company’s convertible bonds amounting to US$6,500,000 was converted into 2,912,568 new shares at a conversion price of Rp4,575 per share. In 1995, the Company issued additional 99,650,272 shares through rights issue whereby for every share held, a holder is entitled to buy four (4) shares at an offering price of Rp2,100.

Pada tahun 1997, setelah penggabungan usaha dengan IIC, Perusahaan mengeluarkan 373.688.500 saham baru untuk pemegang saham IIC sebelumnya dan juga melakukan pemecahan nilai saham dengan mengurangi nilai nominal saham dari Rp1.000 per saham

menjadi Rp500 per saham, sehingga

mengakibatkan peningkatan jumlah saham yang beredar menjadi sebanyak 996.502.680 saham.

In 1997, as a result of the merger with IIC, the Company issued 373,688,500 new shares to the former shareholders of IIC and also conducted a stock split by reducing the par value per share of Rp1,000 to Rp500 per share, resulting to the increase in the number of outstanding shares to become 996,502,680 shares.

(14)

b. Penawaran Umum Efek Perusahaan dan Tindakan Perusahaan yang Mempengaruhi Efek yang Diterbitkan (lanjutan)

b. Public Offering of the Company’s Shares and the Company’s Corporate Actions

which Affected the Issued Shares

(continued)

Mulai bulan November 2007, saham

Perusahaan terdaftar pada Bursa Efek

Indonesia. Sebelumnya, saham Perusahaan terdaftar pada Bursa Efek Jakarta dan Surabaya. Efektif pada bulan November 2007, kedua bursa efek tersebut menggabungkan usaha (merger) menjadi Bursa Efek Indonesia (BEI).

Starting November 2007, the Company’s shares are listed in the Indonesian Stock Exchange. Previously, the Company’s shares were listed in the Jakarta and Surabaya Stock Exchanges. Effective on November 2007, the said two stock exchanges were merged to become the Indonesia Stock Exchange (IDX).

Efektif tanggal 14 Desember 2010,

Perusahaan mengeluarkan 40.476.725 lembar saham baru yang merupakan hasil konversi utang Perusahaan kepada PT Tritunggal Intipermata (TIP), pemegang saham, yang diambil bagian seluruhnya oleh TIP, sehingga pada tanggal 31 Desember 2010, jumlah saham Perusahaan yang beredar adalah sebanyak 1.036.979.405 lembar saham.

Effective on December 14, 2010,

the Company issued 40,476,725 new shares as a result of the Company’s debt to equity conversion to PT Tritunggal Intipermata (TIP), a shareholder, which all was subscribed by TIP, therefore as of December 31, 2010, total of the Company’s outstanding shares was 1,036,979,405 shares.

Efektif tanggal 12 Agustus 2011, Perusahaan mengeluarkan 345.659.801 lembar saham baru yang merupakan hasil Penawaran Umum Terbatas (PUT) II Perusahaan, sehingga pada tanggal 31 Desember 2011, jumlah saham Perusahaan yang beredar adalah sebanyak 1.382.639.206 lembar saham.

Effective on August 12, 2011, the Company issued 345,659,801 new shares as a result of the Company’s Limited Public Offering (LPO) II; therefore as of December 31, 2011, the total Company’s outstanding shares were 1,382,639,206 shares.

Efektif tanggal 7 Juni 2012, Perusahaan melakukan pemecahan nilai nominal saham (stock split) dari Rp500 per lembar saham menjadi Rp250 per lembar saham, sehingga jumlah saham Perusahaan yang beredar pada tanggal 31 Desember 2012 adalah sebanyak 2.765.278.412 lembar saham (Catatan 20).

Effective on June 7, 2012, the Company split the nominal value of its shares (stock split) from Rp500 per share to Rp250 per share, therefore as of December 31, 2012, the total Company’s shares were 2,765,278,412 shares (Note 20).

Efektif tanggal 23 September 2020,

Perusahaan mengeluarkan 1.229.012.627

lembar saham baru yang merupakan hasil

Penawaran Umum Terbatas (PUT) III

Perusahaan, sehingga pada tanggal 31 Desember 2020, jumlah saham Perusahaan yang beredar adalah sebanyak 3.994.291.039 lembar saham.

Effective on September 23, 2020, the Company issued 1,229,012,627 new shares as a result of the Company’s Limited Public Offering (LPO) III, therefore as of December 31, 2020, the total Company’s outstanding shares were 3,994,291,039 shares.

(15)

c. Dewan Komisaris, Direksi dan Karyawan c. Board of Commissioners, Board of

Directors and Employees

Berdasarkan Rapat Umum Pemegang Saham Tahunan Perusahaan pada tanggal 28 Juni 2021 dan 8 Juni 2020, susunan Dewan

Komisaris dan Direksi Perusahaan

(manajemen kunci Perusahaan) dan Komite Audit pada tanggal 31 Maret 2021 dan 31 Desember 2020 adalah sebagai berikut:

Based on the Company’s Annual General Meeting of Shareholders on June 28, 2021 and June 8, 2020 , the members of the Company’s Board of Commissioners and Board of Directors (the Company’s key management) and Audit Committee as of March 31, 2021 and December 31, 2020 are as follows:

31 Maret/ 31 Desember/

March 31, December 31,

2021 2020

Dewan Komisaris Board of Commissioners

Komisaris Utama : Soebronto Laras Soebronto Laras : President Commissioner Wakil Komisaris Utama : Pranata Hajadi Pranata Hajadi : Vice President Commissioner

Komisaris : Eugene Cho Park Eugene Cho Park : Commissioner

Komisaris Independen : Moh. Jusuf Hamka Moh. Jusuf Hamka : Independent Commissioner Komisaris Independen : Hanadi Rahardja Hanadi Rahardja : Independent Commissioner Komisaris Independen : Agus Hasan Pura Anggawijaya Agus Hasan Pura Anggawijaya: Independent Commissioner

Direksi Board of Directors

Direktur Utama : Jusak Kertowidjojo Jusak Kertowidjojo : President Director

Direktur : Josef Utamin Josef Utamin : Director

Direktur : Alex Sutisna Alex Sutisna : Director

Direktur : Santiago S. Navarro Santiago S. Navarro : Director

Direktur : Bambang Subijanto Bambang Subijanto : Director

Direktur : Evensius Go Evensius Go : Director

Komite Audit Audit Committee

Ketua : Agus Hasan Pura Anggawijaya Agus Hasan Pura Anggawijaya: Chairman

Anggota : Inna Saparina Sutanto Inna Saparina Sutanto : Member

Anggota : Amelia Setiawan Amelia Setiawan : Member

Pada tanggal 31 Maret 2021 dan 31 Desember 2020, Grup secara gabungan mempunyai karyawan tetap masing-masing sejumlah 8.340 dan 7.051 orang.

As of March 31, 2021 and December 31, 2020,

the Group have combined permanent

(16)

d. Struktur Grup d. The Group’s Structure

Kepemilikan saham Perusahaan pada entitas-entitas anak yang dimiliki secara langsung maupun tidak langsung yang dikonsolidasi adalah sebagai berikut:

The Company’s share ownership, directly or indirectly, in its consolidated subsidiaries are as follows:

Persentase Total Aset

Kepemilikan Sebelum Eliminasi

Efektif/ (dalam milliar Rp)/

Mulai Effective Total Assets

Beroperasi Percentage Before Elimination

Secara of Ownership (in Rp billion)

Komersial/

Start of 31 Maret / 31 Desember/ 31 Maret / 31 Desember/

Domisili/ Commercial Kegiatan usaha/ March 31, December 31, March 31, December 31,

Entitas Anak/Subsidiaries Domicile Operations Nature of Business 2021 2020 2021 2020

Entitas Anak Langsung/Direct

Subsidiaries

PT Multicentral Aryaguna Jakarta 1992 Penyewaan dan 100,00* 100,00* 1.699,99 1.697,91

(MCA) Pengelola Gedung/

Rental and Building

Management

PT Indomobil Wahana Jakarta 1990 Dealer/Dealership 100,00* 100,00* 5.325,96 5.845,98

Trada (IWT)

PT Central Sole Agency Jakarta 1971 Dealer/Dealership 100,00* 100,00* 1.958,05 2.117,81 (CSA)

PT Indomatsumoto Press Bekasi 1995 Pabrikasi/Manufacturing 100,00* 100,00* 156,18 147,94 & Dies Industries (IMAT)

PT IMG Sejahtera Langgeng Jakarta 1996 Umum/General 99,99 99,99 10.135,64 9.033,38 (IMGSL)

PT National Assemblers (NA) Jakarta 1971 Perakitan/Assembling 99,97 99,97 1.476,28 1.182,61 PT Unicor Prima Motor (UPM) Jakarta 1980 Dealer/Dealership 99,03 99,03 2.524,48 2.369,05 PT Indomobil Multi Jasa Tbk Jakarta 2005 Induk Perusahaan/ 91,97 91,97 23.850,58 23.639,88

(IMJ) (b)

Parent Company

PT Rodamas Makmur Batam 1993 Dealer/Dealership 90,00 90,00 257,74 266,97 Motor (RMM)

PT Kreta Indo Artha (KIA) (c) _Jakarta ₂₀₁₉ _{Penyalur/Distributor} _60,00 _60,00 _303,94 _144,36 PT Jasa Logistik Utama (JLU) (f)

Jakarta 2021 Logistik/Logistic 100,00* - 1,00 - PT Indomobil Sukses Energi Jakarta 2016 Perdagangan/Trading 100,00* 100,00* 284,27 28,03

(IMSE)

Entitas Anak Tidak Langsung/

Indirect Subsidiaries

Melalui IMJ/Through IMJ

PT Indomobil Finance Jakarta 1994 Jasa keuangan/Financing 91,98 91,98 13.795,69 13.566,45 Indonesia (IMFI) (b)

PT CSM Corporatama Jakarta 1988 Penyewaan kendaraan/Car Rental 91,97 91,97 9.463,49 9.516,47 (CSM) (b)

PT Indomobil Edukasi Utama Jakarta 2017 E-learning/E-learning 91,97 91,97 8,11 7,69 (IEU) (b)

PT Indomobil Ekspres Truk (IET) (b)

Jakarta 2018 Jasa Servis Truk/Truck Services 91,97 91,97 23,08 18,99 PT Solusi Indomobil Perkasa (SIP) (g)

Jakarta 2020 Pos Universal/Universal Post 91,97 91,97 7,80 6,47

Melalui CSM/Through CSM

PT Indomobil Bintan Corpora Bintan 1994 Penyewaan kendaraan/Car Rental 91,97 91,97 37,37 38,37 (IBC) (b)

PT Wahana Indo Trada Mobilindo Jakarta 1997 Penyewaan kendaraan/Car Rental 91,97 91,97 79,10 73,51 (WITM) (b)

PT Kharisma Muda (KMA) (b)

Jakarta 2004 Penyewaan kendaraan/Car Rental 91,97 91,97 31,93 27,60 PT Duta Inti Jasa (DIJ) (b)

Jakarta 2015 Jasa Tenaga Kerja/Manpower Service 91,97 91,97 1,40 1,74 PT Seino Indomobil Logistics (SIL) (b) _Jakarta ₂₀₁₆ _{Transportasi/Transportation} _68,89 _68,89 _5.133,30 _5.192,25 PT Indomobil Summit Logistics (ISL) (b)

Jakarta 2013 Logistik/Logistic 55,18 55,18 303,61 303,75 PT Lippo Indorent Jakarta 1995 Penjualan bahan bakar/Gas station 55,18 55,18 - -

(LIPINDO) (b)

Melalui IMGSL/Through IMGSL

PT Indomurayama Press Bekasi 1993 Pabrikasi/Manufacturing 99,99 99,99 26,39 26,05 & Dies Industries (IMUR)

PT Wahana Inti Central Jakarta 1986 Dealer/Dealership 99,99 99,99 132,23 131,44 Mobilindo (WICM)

PT Indomobil Multi Trada (IMT) Jakarta 1997 Dealer/Dealership 99,99 99,99 282,62 263,41 PT Wahana Inti Selaras Jakarta 2002 Penyalur/Distributor 99,99 99,99 4.932,67 4.467,41

(WISEL)

PT Garuda Mataram Motor Jakarta 1971 Penyalur/Distributor 99,93 99,93 460,36 375,68 (GMM) (f)

PT Indojaya Tatalestari (IJTL) Jakarta 2001 Perdagangan/Trading 98,99 98,99 17,33 17,14 PT Marvia Multi Trada (MMT) Tangerang 2004 Pabrikasi/Manufacturing 79,99 79,99 5,19 5,21 PT Data Arts Xperience (DAX) Jakarta 2015 Pengolahan Data/Data Processing 64,99 64,99 158,51 168,82 PT Kyokuto Indomobil Distributor Jakarta 2012 Penyalur/Distributor 50,99 50,99 23,81 18,31

Indonesia (KIDI)

PT Indotama Maju Sejahtera (IMS) Jakarta 1988 Induk/Holding 50,00 50,00 1,88 1,88 PT ISMAC Jakarta 2017 Pabrikasi/Manufacturing 99,19 99,19 28,55 28,15 Teachcast Global Pte. Ltd. Singapura/ 2017 E-learning/E-learning 59,99 59,99 43,13 41,11

(TCG) Singapore

PT Indomobil Prima Energi (IPE) Jakarta 2017 Bahan Bakar/Fuel 90,09 90,09 1.554,02 1.010,69 PT Nissan Motor Distributor Jakarta 2001 Penyalur/Distributor 74,99 74,99 872,99 850,39

Indonesia (NMDI) (h)

PT Indomobil Jasa Lintas Raya Jakarta 2020 Perdagangan/Trading 69,99 69,99 19,55 20,00 (IJLR) (i)

Melalui IPE/Through IPE

PT Indomobil Energi Lestari (IEL) ** (a)

(17)

d. Struktur Grup (lanjutan) d. The Group’s Structure (continued)

Komersial/

Entitas Anak Tidak Langsung (lanjutan)/

Indirect Subsidiaries (continued)

Melalui GMM/Through GMM

PT Wangsa Indra Permana (WIP) Jakarta 2007 Dealer/Dealership 99,93 99,93 94,48 101,25

Melalui WISEL/Through WISEL

PT Indotruck Utama (ITU) Jakarta 1988 Penyalur/Distributor 74,99 74,99 1.734,44 1.399,08 PT Indo Traktor Utama Jakarta 2007 Perdagangan/Trading 74,99 74,99 408,14 382,17

(INTRAMA)

PT Eka Dharma Jaya Sakti (EDJS) Jakarta 1984 Perdagangan/Trading 59,99 59,99 1.832,89 1.724,42 PT Prima Sarana Mustika Jakarta 2014 Kontraktor Perkebunan/ 59,99 59,99 126,54 122,10

(PSM) Plantation Contractor

PT Indomobil Sugiron Energi (ISE) Jakarta 2013 Bahan Bakar/Fuel 50,99 50,99 1,24 1,24 PT Makmur Karsa Mulia Jakarta 2013 Kontraktor Perhutanan/ 50,99 50,99 40,55 42,27

(MKM) Forestry Contractor

PT Prima Sarana Gemilang Jakarta 2008 Kontraktor Pertambangan/ 98,99 98,99 839,76 819,41

(PSG) (d) _{Mining Contractor}

Melalui CSA/Through CSA

PT Indo Auto Care (IAC) Jakarta 2007 Perdagangan/Trading 51,00 51,00 7,88 7,93 PT Autobacs Indomobil Indonesia Tangerang 2013 Perdagangan/Trading 51,00 51,00 59,84 58,99

(AIMI)

PT Furukawa Indomobil Battery Sales Karawang 2013 Perdagangan/Trading 51,00 51,00 83,54 69,69 (FIBS)

PT Jasa Kencana Utama (JKU) (e)

Jakarta 2015 Perdagangan/Trading 99,01 99,01 693,66 694,60

Melalui UPM/Through UPM

PT Indomobil Prima Niaga Jakarta 1998 Dealer/Dealership 99,03 99,03 2.414,02 2.050,38 (IPN)

PT Indomobil Cahaya Prima Lombok Barat 2011 Dealer/Dealership 50,50 50,50 35,91 43,12 (ICP)

PT Indomobil Sumber Baru (ISB) Semarang 1997 Dealer/Dealership 50,01 50,01 8,46 28,68

Melalui IWT/Through IWT

PT Indomobil Trada Jakarta 2000 Dealer/Dealership 100,00* 100,00* 3.464,64 1.568,51 Nasional (ITN)

PT Wahana Wirawan (WW) Jakarta 1982 Dealer/Dealership 100,00* 100,00* 3.875,64 5.462,89

Melalui IMSE/Through IMSE

PT Sentra Trada Indostation Tangerang 2016 Perdagangan/Trading 100,00* 100,00* 281,18 254,16 (STI)

Melalui WW/Through WW

PT Wahana Prima Trada Tangerang 2004 Dealer/Dealership 100,00* 100,00* 11,52 7,63 Tangerang (WPTT)

PT Wahana Wirawan Manado Manado 2003 Dealer/Dealership 100,00* 100,00* 54,51 35,15 (WWM)

PT IMG Bina Trada (IMGBT) Jakarta 1996 Bengkel/Workshop 100,00* 100,00* 5,11 6,82 PT Auto Euro Indonesia Jakarta 2000 Penyalur/Distributor 100,00* 100,00* 0,73 0,72

(AEI)

PT Wahana Indo Trada Tangerang 2003 Dealer/Dealership 100,00* 100,00* 213,88 70,16 (WIT)

PT Wahana Wirawan Palembang Palembang 2002 Dealer/Dealership 100,00* 100,00* 132,95 82,59 (WWP)

PT Indobuana Autoraya Jakarta 1989 Penyalur/Distributor 95,34 95,34 91,85 94,25 (IBAR)

PT Wahana Rejeki Mobilindo Cirebon 2008 Dealer/Dealership 94,15 94,15 167,68 61,61 Cirebon (WRMC)

PT Wahana Senjaya Jakarta 2003 Dealer/Dealership 70,60 70,60 94,40 92,27

Jakarta (WSJ)

PT Wahana Niaga Lombok Lombok 2011 Dealer/Dealership 55,00 55,00 28,12 11,23 (WNL)

PT United Indo Surabaya Surabaya 1996 Dealer/Dealership 51,00 51,00 196,37 116,07 (UIS)

PT Wahana Sumber Baru Yogyakarta 2002 Dealer/Dealership 51,00 51,00 103,69 68,18 Yogya (WSBY)

PT Wahana Wirawan Riau Riau 2002 Dealer/Dealership 100,00* 100,00* 193,45 108,24 (WWR)

PT Wahana Sumber Tangerang 2004 Dealer/Dealership 51,00 51,00 92,55 90,74 Trada Tangerang

(WSTT)

PT Wahana Megahputra Makasar 2003 Dealer/Dealership 51,00 51,00 148,62 116,05 Makasar (WMPM)

(18)

d. Struktur Grup (lanjutan) d. The Group’s Structure (continued)

Komersial/

Entitas Anak Tidak Langsung (lanjutan)/

Indirect Subsidiaries (continued)

Melalui WW (lanjutan)/Through WW

(continued)

PT Wahana Persada Bogor 2005 Dealer/Dealership 51,00 51,00 77,79 75,04

Jakarta (WPJ)

PT Wahana Sumber Lestari Samarinda 2007 Dealer/Dealership 51,00 51,00 36,51 34,37 Samarinda (WSLS)

PT Wahana Inti Nusa Pontianak 2002 Dealer/Dealership 51,00 51,00 40,60 38,98 Pontianak (WINP)

PT Wahana Lestari Balikpapan 2003 Dealer/Dealership 51,00 51,00 11,91 11,13 Balikpapan (WLB)

PT Wahana Adidaya Kudus Kudus 2008 Dealer/Dealership 51,00 51,00 7,38 5,95 (WAK)

PT Wahana Jaya Indah Jambi Jambi 2008 Dealer/Dealership 51,00 51,00 4,96 4,95 (WJIJ)

PT Wahana Jaya Tasikmalaya Tasikmalaya 2010 Dealer/Dealership 51,00 51,00 7,54 7,78 (WJT)

PT Wahana Sumber Mobil Yogya Yogyakarta 2013 Dealer/Dealership 51,00 51,00 34,28 33,90 (WSMY)

PT Wahana Investasindo Salatiga Salatiga 2013 Dealer/Dealership 51,00 51,00 22,65 21,83 (WIST)

PT Indosentosa Trada (IST) Bandung 1989 Dealer/Dealership 50,50 50,50 644,32 454,80 PT Wahana Trans Lestari Medan (WTLM) Medan 2003 Dealer/Dealership 50,50 50,50 149,48 112,45 PT Wahana Sun Motor Semarang 2002 Dealer/Dealership 50,50 50,50 201,79 80,75

Semarang (WSMS)

PT Wahana Sun Hutama Bandung (WSHB) Bandung 2005 Dealer/Dealership 50,50 50,50 114,52 112,43 PT Wahana Sun Solo (WSS) Solo 2002 Dealer/Dealership 50,50 50,50 33,76 13,22 PT Wahana Persada Lampung (WPL) Lampung 2002 Dealer/Dealership 50,50 50,50 25,25 23,60 PT Wahana Delta Prima Banjarmasin 2002 Dealer/Dealership 50,50 50,50 46,46 45,07

Banjarmasin (WDPB)

PT Wahana Sugi Terra (WST) Jakarta 2013 Dealer/Dealership 50,00 50,00 49,05 28,64

Melalui IBAR/Thorugh IBAR

PT Indomobil Sompo Japan (ISJ) ** Jakarta 2015 Reparasi Mobil/Body Repair 48,62 48,62 54,48 54,33

** Perusahaan memiliki pengendalian atas ISJ melalui IBAR ** The Company has control over ISJ through IBAR

(a)

Efektif tanggal 30 April 2020, kepemilikan efektif Perusahaan di GMM meningkat dari 99,90% menjadi 99,93%, karena peningkatan modal GMM yang diambil bagian seluruhnya oleh IMGSL (Catatan 1.e.2).

(b)

Efektif tanggal 17 Juli 2020, didirikan perusahaan baru dengan nama SIP yang 99,99% dimiliki oleh IMJ dan 0,01% oleh IET, sehingga kepemilikan efektif Perusahaan di SIP sebesar 91,97%. (Catatan 1.e.5)

(c)

Efektif tanggal 3 November 2020, kepemilikan efektif Perusahaan di NMDI meningkat dari 25,00% menjadi 75,00%, karena pembelian saham NMDI milik NML oleh IMGSL (Catatan 1.e.9 dan 10)

(d)

Efektif tanggal 11 Desember 2020, didirikan perusahaan baru dengan nama IJLR yang 70,00% dimiliki oleh IMGSL dan 30,00% oleh Pihak Ketiga, sehingga kepemilikan efektif Perusahaan di IJLR sebesar 69,99%. (Catatan 1.e.11)

(e)

Efektif tanggal 29 Desember 2020, kepemilikan efektif Perusahaan di MAI dan Entitas Anaknya menjadi nihil karena penjualan seluruh saham JKU di MAI kepada pihak ketiga. (Catatan 1.e.12)

(f)

Efektif tanggal 24 Februari 2021, didirikan perusahaan baru dengan nama JLU yang 90,00% dimiliki oleh Perusahaan dan 10,00% oleh IMGSL, sehingga kepemilikan efektif Perusahaan di JLU hampir 100,00%. (Catatan 1.e.14)

(a)

Effective on April 30, 2020, the Company’s effective ownership in GMM was increased from 99.90% to almost 99.93%, due to the capital increase of GMM which were all subscribed by IMGSL. (Note 1.e.2). (b)

Effective on July 17, 2020, a new company namely SIP was established which were 99.99% owned by IMJ and 0.01% by IET, therefore, the Company’s effective ownership in SIP was 91.97%. (Note 1.e.5).

(c) _{Effective on November 3, 2020, the Company’s effective ownership in}

NMDI increased from 25.00% to 75.00%, due to the purchase of NMDI shares owned by NML, by IMGSL. (Note 1.e.9 and 10).

(d)

Effective on December 11, 2020, a new company namely IJLR was established which is 70.00% owned by IMGSL and 30.00% by Third Party, therefore, the Company’s effective ownership in IJLR was 69.99%. (Note 1.e.11).

(e) _{Effective on December 29, 2020, the Company’s effective ownership in}

MAI and its Subsidiaries is nil due to the sale of all JKU shares in MAI to a third party. (Note 1.e.12).

(f)

Effective on February 24, 2021, a new company namely JLU was established which were 90.00% owned by the Company and 10.00% by IMGSL, therefore, the Company’s effective ownership in JLU was almost 100.00%. (Note 1.e.14).

(19)

e. Perubahan struktur kepemilikan modal (lanjutan)

e. Changes in capital ownership structure (continued)

1. Berdasarkan Risalah Rapat Umum

Pemegang Saham Luar Biasa PT Indo Traktor Utama (INTRAMA), Entitas Anak WISEL, yang telah diaktakan dalam Akta Notaris No. 13 oleh M. Kholid Artha, SH tanggal 9 Januari 2020, para pemegang saham setuju untuk meningkatkan modal ditempatkan dan disetor INTRAMA sebesar Rp36.000.000.000 yang terdiri dari 36.000

lembar saham, dari semula

Rp82.000.000.000 yang terdiri dari 82.000 lembar saham menjadi Rp118.000.000.000 yang terdiri dari 118.000 lembar saham.

1. Based on Circular Resolution of the Extraordinary Shareholders Meeting of PT

Indo Traktor Utama (INTRAMA), a

Subsidiary of WISEL, which was notarized by Notarial Deed No. 13 of M. Kholid Artha, SH., dated January 9, 2020, the shareholders agreed to increase the subscribe and paid up capital of INTRAMA by Rp36,000,000,000 consisting of 36,000 shares, from Rp82,000,000,000 consisting of 82,000 shares, to Rp118,000,000,000 consisting of 118,000 shares.

Peningkatan modal ini diambil bagian secara proporsional oleh WISEL (75%) dan Lauw Lie In (25%).

The capital increase were subscribed and fully paid by WISEL (75%) and Lauw Lie In (25%) proportionally.

Peningkatan modal ini berlaku efektif sejak tanggal 22 Januari 2020, sesuai surat pemberitahuan dari Menteri Hukum dan HAM Republik Indonesia dalam surat No. AHU-AH.01.03-0038741 tanggal 22 Januari 2020.

The capital increase became effective on

January 22, 2020 based on the

notification letter from the Minister of Laws and Human Rights of the Republic of Indonesia No. AHU-AH.01.03-0038741 dated January 22, 2020.

2. Berdasarkan Risalah Rapat Umum

Pemegang Saham Luar Biasa PT Garuda Mataram Motor (GMM), Entitas Anak IMGSL, yang telah diaktakan dalam Akta Notaris No. 12 oleh Notaris M. Kholid Artha, SH., tanggal 16 April 2020, para pemegang saham setuju untuk meningkatkan modal GMM dengan perincian sebagai berikut:

2. Based on Circular Resolution of the

Extraordinary Shareholders General

Meeting of PT Garuda Mataram Motor (GMM), a Subsidiary of IMGSL, which was notarized by Notarial Deed No. 12 of M. Kholid Artha, SH., dated April 16, 2020, the shareholders agreed to increase GMM capital with details as follows:

a. Meningkatkan modal dasar dari

Rp406.089.600.000 (terdiri dari

1.160.256 lembar saham dengan nilai nominal Rp350.000 per saham) menjadi

1.731.685 lembar saham dengan nilai nominal yang sama).

a. Increase in the authorized capital from Rp406,089,600,000 (consisting of 1,160,256 shares with par value of

Rp350,000 per share) to

Rp606,089,750,000 (consisting of 1,731,685 shares with the same par value).

b. Meningkatkan modal ditempatkan dan disetor sebesar Rp200.000.150.000 dari Rp341.522.650.000 (terdiri dari 975.779 lembar saham dengan nilai nominal

Rp350.000 per saham) menjadi

1.547.208 lembar saham dengan nilai nominal yang sama), yang diambil bagian seluruhnya oleh IMGSL.

b. Increase in the subscribed and paid up capital by Rp200,000,150,000 from

Rp341,522,650,000 (consisting of

975,779 shares with par value of

Rp350,000 per share) to

Rp541,522,800,000 (consisting of

1,547,208 shares with the same par value), which was wholly subscribed and fully paid by IMGSL.

Dengan demikian, kepemilikan efektif

Perusahaan di GMM meningkat dari 99,90%

As a result, the Company’s effective ownership in GMM was increased from

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e. Perubahan struktur kepemilikan modal (lanjutan)

e. Changes in capital ownership structure (continued)

Peningkatan modal GMM ini telah

memperoleh persetujuan Menteri Hukum

dan Hak Asasi Manusia no.

AHU-0033281.AH.01.02.TAHUN 2020 tanggal 30 April 2020 dan berlaku efektif sejak tanggal tersebut.

The capital increase of GMM has obtained the Minister of Laws and Human Rights’s

approval no.

AHU-0033281.AH.01.02.TAHUN 2020 dated

April 30, 2020 and became effective since that date.

3. Berdasarkan Keputusan Edaran Pemegang Saham Perusahaan sebagai pengganti Rapat Umum Pemegang Saham Luar Biasa tanggal 30 April 2020, pemegang saham IMFI menyetujui untuk meningkatkan modal

ditempatkan dan disetor IMFI dari

Rp892.000.000.000 (terdiri dari 892.000

lembar) menjadi Rp1.042.000.000.000

(terdiri dari 1.042.000 lembar) dengan

menerbitkan saham sebanyak 150.000

lembar saham bernilai nominal Rp1.000.000 yang diambil bagian oleh PT Indomobil Multi Jasa Tbk (IMJ) dan PT IMG Sejahtera

Langgeng (IMGSL) masing-masing

sebanyak 149.864 lembar dan 136 lembar. Sehingga total kepemilikan IMJ dan IMGSL atas IMFI masing-masing menjadi 99,91% atau sebanyak 1.041.052 lembar saham dan 0,09% atau sebanyak 948 lembar saham.

3. Based on the Circular Resolution of the Shareholders as the replacement of

Extraordinary General Meeting of

Shareholders dated April 30, 2020, the shareholders of IMFI agreed to increase the issued and fully paid in capital from Rp892,000,000,000 (consisting of 892,000 shares) to Rp1,042,000,000,000 (terdiri dari 1,042,000 shares) by issuing 150,000 shares with nominal value amounting to Rp1,000,000 which were subscribed by PT Indomobil Multi Jasa Tbk (IMJ) and PT IMG Sejahtera Langgeng (IMGSL) for 149,864 shares and 136 shares, respectively. The share ownership of IMJ and IMGSL in IMFI

has become 99.91% consisting of

1,041,052 shares and 0.09% consisting of 948 shares, respectively.

Peningkatan modal ini telah diaktakan dalam Akta Notaris no. 38 oleh Notaris M. Kholid Artha, SH., tanggal 29 Mei 2020

telah memperoleh penerimaan

pemberitahuan dari Menteri Hukum dan Hak Asasi Manusia no. AHU-AH.01.03-0253466 tanggal 19 Juni 2020 dan berlaku efektif sejak tanggal tersebut.

This capital increase was notarized by Notarial Deed No. 38 of M. Kholid Artha, SH., dated May 29, 2020 and has obtained notification letter from the Minister of Laws and Human Rights’s no. AHU-AH.01.03-0253466 dated June 19, 2020 and became effective since that date.

4. Pada tanggal 10 Juni 2020, PT Indomobil Multi Jasa Tbk (IMJ), Entitas Anak, telah mengirimkan Pernyataan Pendaftaran Dalam

Rangka Penambahan Modal dengan

Memberikan Hak Memesan Efek Terlebih Dahulu (HMETD) III kepada OJK melalui suratnya no. LGL/030/IMJ/VI/2020.

4. On June 10, 2020, PT Indomobil Multi Jasa Tbk (IMJ), a Subsidiary, has submitted the Registration Statement in relation with Capital Increase of the Company by Giving Pre-emptive Rights (PR) III to OJK through its letter no. LGL/030/IMJ/VI/2020.

Berdasarkan Prospektus tanggal 10 Juni 2020, IMJ melakukan Penawaran Umum Terbatas (PUT) III kepada pemegang saham melalui HMETD untuk membeli Saham Biasa

Atas Nama sebanyak-banyaknya

2.884.775.000 saham dengan nilai nominal Rp200 per saham, dimana setiap 2 saham lama berhak atas 1 HMETD, dan 1 HMETD berhak membeli 1 Saham Baru yang ditawarkan dalam PUT III.

Based on the Prospectus dated June 10, 2020, IMJ offers a Limited Public Offering (LPO) III to shareholders with Preemptive Rights to buy Common Shares up to 2,884,775,000 shares with a par value of Rp200 per share, where every 2 existing shares shall be entitled to 1 PR, wherein 1 PR is entitled to buy 1 New Share offered in LPO III.