en company presentation q3 2015

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Provider of The Year

Frost and Sullivan

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2

Disclaimer

This presentation has been prepared by PT Siloam International Hospitals, Tbk (SILO ) and is circulated for the purpose of general

information only. It is not intended for any specific person or purpose and does not constitute a recommendation regarding the securities of SILO. No warranty ( expressed or implied ) is made to the accuracy or completeness of the information. All opinions and estimations included in this report constitute our judgment as of this date and are subject to change without prior notice. SILO disclaims any

responsibility or liability whatsoever arising which may be brought against or suffered by any person as a result of reliance upon the whole or any part of the contents of this presentation and neither SILO nor any of its affiliated companies and their respective employees and agents accept liability for any errors, omission, negligent or otherwise, in this presentation and any inaccuracy herein or omission here from which might otherwise arise.

Forward –Looking Statements

The information communicated in this presentation contains certain statements that are or may be forward looking. These statements

t pi all o tai ords su h as ill , e pe ts a d a ti ipates a d ords of si ilar i port. B their ature, for ard looking statements involve a number of risks and uncertainties that could cause actual events or results to differ materially from those described in this presentation. Factors that could cause actual results to differ include, but are not limited to, economic, social, and political conditions in Indonesia ; the state of the property industry in Indonesia; prevailing market conditions; increases in regulatory burdens in Indonesia, including environmental regulation and compliance cost; fluctuations in foreign currency exchange rates; interest rate trends, cost of capital and capital availability; the anticipated demand and selling prices for SILO developments and related capital expenditures and investments; the cost of construction; availability of real estate property; competition from other companies and venues; shifts in customer demands; changes in operation expenses, including employee wages, benefits, and training, governmental and public policy

ha ges; “ILO’s a ilit to e a d re ai o petiti e; “ILO’s fi a ial o ditio , usi ess strateg as ell as the pla s a d objectives of

“ILO’s a age e t for future operatio s; ge eratio of future re ei a les; a d e iro e tal o plia e a d re ediatio . “hould one or more of these uncertainties or risks, among others, materialize, actual results may vary materially from those estimated, anticipated or projected. Specifically, but without limitation, capital costs could increase, projects could be delayed and anticipated improvements in production, capacity or performance might not be fully realized. Although SILO believes that the expectations of its management as reflected by such forward –looking statements are reasonable based on information currently available to us, no assurances can be given that such expectations will prove to have been correct. You should not unduly rely on such statements. In any event, these statements speak only as of the date hereof, and SILO undertakes no obligation to update or revise any of them, whether as a result of new information, future events or otherwise.

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Where We Are In Lippo Karawaci

04 Highly Experienced & Professional Management

05 The Vision

06 The Journey

07 The Operations

08 A Day At Siloam

09 The Strategy & Business Model

10 –

13 Premier Private Hospital Group

14 –

19 Hospitals Under Development

20 –

27

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4

Where We Are In Lippo Karawaci

9M 2015 Results

As of 30 Sep 2015

No. of Outstanding Shares : 23,077,689,619 Code : LPKR.JK ; LPKR IJ

LIPPO RELATED COMPANIES

26.91%

DEVELOPMENT REVENUE

RECURRING REVENUE

HOSPITALS

COMMERCIAL

_MANAGEMEN

ASSET

T

• Siloam Hospitals

70.8%

• Retail Malls

• Aryaduta

Hotels

• REIT,

Mall &

Hotel

Management

• To

Management

Services, Leisure

and Restaurants

PUBLIC

73.09%

TOWNSHIPS INDUSTRIAL

AND

COMMERCIAL PROPERTIES

OFFICE PROJECTS LARGE

SCALE INTEGRATED DVPT

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Highly Experienced & Professional Management

Board of Directors

Romeo Lledo President Director, Independent Director

dr. Andry Director

dr. Anang Prayudi Director

Prof. George Mathew Director dr. Grace

Frelita Director

Kailas N. Raina Director

Board of Commissioners

Ketut Budi Wijaya President Commissioner

Theo L. Sambuaga Commissioner

Lambock V. Nahattands Independent Commissioner

Ir. Jonathan L. Parapak Independent Commissioner Farid Harianto

Independent Commissioner

dr. Niel Nielson Independent Commissioner

Richard Setiadi Director Jenny Kuistono

Commissioner

dr. Gershu Paul Group Executive

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6

The Vision

9M 2015 Results

Reach

Scale

International

Quality

Affordable and Accessible Healthcare

to all socio economic segments

Godly

Compassion

By 2017..

• Beds

4,800 to 10,000

• Patients per annum

2 million to 15 million

• Hospitals

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The Journey

1996

–

2006: Learning Phase

2007

–

2010: Consolidation Phase

2011 to Date: Expansion Phase

1996

SH Lippo Village

2002

2011

2012

2013

2014

2015

SH Lippo Cikarang

SH Surabaya

SH Kebon Jeruk

SH Balikpapan

SH Jambi SH MRCCC

RSUS

SH Manado

SH Makassar

SH Palembang

SH Cinere

SH Bali

SH TB Simatupang

BIMC Kuta

BIMC Nusa Dua

SH Medan

Asri

SHLV

– I do esia’s First Hospital to e

Accredited and Re-accredited by JCI

(2007, 2010 and 2014)

2013

–

The Company

successfully completed IPO

BIMC Nusa Dua

– I do esia’s First

Hospital to be Accredited by ACHS

Australia (2014)

SH Kupang SH Purwakarta

Total

operational

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8

The Operations

9M 2015 Results

Unrivalled network across Indonesia

JCI

Sumatra Population : 50.6 mio

Kalimantan Population : 13.8 mio

Java Population : 136.6 mio

Sulawesi Population : 17.4 mio

Papua Population : 3.6 mio

Bali Population : 3.9 mio

Nusa Tenggara Population : 9.2 mio

Maluku Population : 2.6 mio

Jakarta Population : 10 mio

Greater Jakarta Population : 28 mio

ACHSI

Operational Hospitals (20)

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A Day At Siloam

393

Inpatient

Admissions

5,213

Outpatient

Visits

11

Cardiac

Procedures

135

Dialysis

Procedures

6 Neuro

Surgeries

2 Cardiac

Surgeries

22

Deliveries

10,574

Laboratory

Tests

564

Emergency

Visits

69

Major

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The Strategy & Business Model

4 Pillar Foundation

11 Clinical Service Delivery

12

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4 Pillar Foundation

Siloa Hospitals’ four pillar fou datio has ee ke to the su ess of our e isti g hospitals a d ill ser e

as the asis for repli ati g this su ess at our e pa sio hospitals…

1 Emergency

Excellence in Emergency Services

1-500-911

2 Technology

3 Telemedicine

4 Doctors

State-of-the-Art Medical Equipment and Systems

Digital Telemedicine Hu a d “poke

Siloam Doctor Partnership and Development Program

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12

Clinical Service Delivery

9M 2015 Results

• Primary clinics for corporate clients

• Public-Private-Partnership (PPP) model - Siloam Puskesmas (Public Health Clinic)

• RSUS –First general hospital using public sector model

– Additional demand from patients under governmental insurance and social schemes

– Gate ay to I do esia’s U i ersal Health are Co erage a d Go er e t

Health Insurance Programs

• Specialist access for primary healthcare demand

• Public-Private-Partnership

• High standard and accessible medical care through focus on clinical governance and affordable price points

• Access to Centres of Excellence through hub and spoke system and Tele-medicine

3

2

1

“iloa ’s

Integrated Healthcare Delivery Model

Primary Secondary Tertiary

Research and Education • Integrated platform with UPHMS and other partnerships

• Medical students training at RSUS, SHLV, and SHKJ

• Integrated Centers of Excellence: Neuroscience, Cardiology, Cancer, Orthopedic, Urology, Fertility

• Hub and Spoke strategy and extensive coverage of specialized services via Digital Tele-Medicine

• Pio eeri g i est e ts i I do esia’s health are se tor

– Comprehensive Cancer Centre opened in 2011

– I do esia’s first Ga a K ife i stalled i 2012

• Best in class and highly accessible healthcare services platform through:

– Rapid expansion of hospital network across Indonesia

– Attracting and retaining the best doctors with strong focus on

do tors’ elfare “DPDP

– Equip hospitals with State-of-the-Art facilities such as 128 slice CT Scan and 1.5T MRI

One-stop continuum of care at primary, secondary, tertiary and quaternary levels

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UPH Medical Sciences (UPHMS)

Centre of Excellence and Global Reputation

• Alignment –across teaching and service delivery

• Affiliate with agencies such as ACORN/NUS/SGH/UOM

• Leading edge research

• Best practice Models

• Remote Access Diagnosis (RAD) and Remote Access Clinical Management (RACM)

• Telemedicine

• Centres of Clinical Excellence/ Accreditation

• Teaching Hospital paradigm

• Future workforce

• Systems based curriculum converged with PBL

• Best practice replication

• Clinical placement

• Foundation for Innovation

• Overseas training –

Singapore/Australia/USA/China

Bringing Together Clinical, Research & Education

·

Education Research

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Premier Private Hospital Group

Mature Hospitals

15 Developing Hospitals

16 New Hospitals

17 Distinct Market Segment Hospitals

18

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Mature Hospitals

BEKASI (East of Jakarta)

SILOAM HOSPITALS CIKARANG

114 Bed Capacity 108 Operational Beds

91 GP and Specialists 164 Nurses

Centre of Excellence : Occupational Health & Emergency

79.61% Ownership EAST KALIMANTAN

232 Bed Capacity 165 Operational Bed 103 GP and Specialists 155 Nurses

Centre of Excellence : Orthopedics & Emergency

SILOAM HOSPITALS BALIKPAPAN

SOUTH JAKARTA

MRCCC SILOAM SEMANGGI

334 Bed Capacity 122 Operational Beds 165 GP and Specialists 220 Nurses

Centre of Excellence : Cancer, Liver & Emergency

TANGERANG (West of Jakarta) SILOAM HOSPITALS LIPPO VILLAGE

JCIA

Centre of Excellence : Cardiology, Neuroscience, Orthopedics & Emergency

WEST JAKARTA

SILOAM HOSPITALS KEBON JERUK

Centre of Excellence : Urology, Orthopaedic, Cardiology &

Emergency

EAST JAVA

SILOAM HOSPITALS SURABAYA

Centre of Excellence : Fertility Treatment, Cardiology & Emergency

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16

NORTH SULAWESI

SILOAM HOSPITALS MANADO

Centre of Excellence : Emergency

Developing Hospitals

9M 2015 Results

SOUTH SULAWESI

SILOAM HOSPITALS MAKASSAR

Centre of Excellence : Cardiology, Endocrinology & Emergency

SOUTH SUMATERA

SILOAM HOSPITALS PALEMBANG

Centre of Excellence : Gastroenterology & Emergency

70.00% Ownership

BALI

SILOAM HOSPITALS BALI

Centre of Excellence : Treatment for tourists, Orthopedics, Cardiology & Emergency

EAST SUMATERA

SILOAM HOSPITALS JAMBI

83.0% Ownership

SOUTH JAKARTA

SILOAM HOSPITALS TB SIMATUPANG

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New Hospitals

WEST JAVA

SILOAM HOSPITALS PURWAKARTA

EAST NUSA TENGGARA SILOAM HOSPITALS KUPANG

NORTH SUMATERA

SILOAM HOSPITALS MEDAN

Centre of Excellence : Emergency & Trauma

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18

TANGERANG (West of Jakarta) SILOAM GENERAL HOSPITAL (RSUS)

Distinct Market Segment Hospitals

9M 2015 Results

SOUTH JAKARTA

SILOAM HOSPITALS ASRI

Centre of Excellence : Urology

DEPOK (South of Jakarta) SILOAM HOSPITALS CINERE

Centre of Excellence: Cardiology

80.0% Ownership

BALI BIMC KUTA

Centre of Excellence : Treatment for tourists & Emergency

BALI

BIMC NUSA DUA

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Completed Hospital In Yogyakarta

(in April 2015 awaiting license to operate)

FAÇADE MAIN LOBBY

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Hospitals Under Development

For Completion In Late 2015 and 2016

21 –

23 For Completion In Late 2016 and 2017

24 –

25 Locations of Siloam Medika Under Development

26

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BAU-BAU

BANGKA BELITUNG

For Completion In Late 2015 and 2016

BOGOR

9M2015

Current

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22

LABUAN BAJO

JEMBER

For Completion In Late 2015 and 2016

9M 2015 Results

LUBUK LINGGAU

9M2015

Current

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SORONG

For Completion In Late 2015 and 2016

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24

BANDUNG

AMBON

For Completion In Late 2016 and 2017

9M 2015 Results

CEMPAKA PUTIH

9M2015

Current

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SEMARANG

SRONDOL

PANAKUKANG

MAKASSAR

For Completion In Late 2016 and 2017

9M2015

Current

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26

Locations of Siloam Medika Under Development

9M 2015 Results

NINE RESIDENCE

KUNINGAN TOWER

SURABAYA CITO

SAMARINDA

BEKASI GRAND MALL

BLU PLAZA BEKASI GAJAH MADA PLAZA

SENTUL BELLANOVA

PLUIT VILLAGE

METROPOLIS TANGERANG

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Capacity Expansion of Existing Hospitals

SILOAM HOSPITALS LIPPO VILLAGE

5th_{Floor OPD Extension}–_{Completion November 2015}

SILOAM GENERAL HOSPITAL (RSUS)

50 New Beds –Operational December 2015

SILOAM HOSPITALS PALEMBANG

BPJS Beds –Completed September 2015

SILOAM HOSPITALS BALIKPAPAN

Cardiac Centre –Completed September 2015

SILOAM HOSPITALS KEBON JERUK

BPJS Beds –Completed September 2015

MRCCC SILOAM SEMANGGI

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Strong Financial Performance

29 Revenue & EBITDA Details

30 Balance Sheets

31 Revenue & EBITDA Contribution

32 Average Revenue Per Patient

33 Patient Visits & Admissions

34 –

35 Financial & Operational

Performance

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Strong Financial Performance

Note:

EBITDA refers to income before depreciation, provisions for post-employment benefits, allowance for impairment in value, corporate income taxes and other expense and/or income (consisting primarily of financing income and others-net).

Siloam is the clear leader and fastest growing private hospital group in Indonesia serving all segments of the population

1,030

1,259

1,788

2,504

3,341

3,013

2010 2011 2012 2013 2014 9M2015

140 155

221

298

466

431

2010 2011 2012 2013 2014 9M2015

+22%

+42%

+10%

+43% +40%

+35%

FY Revenue

FY EBITDA

14%

12%

14%

12%

+33%

14%

+56% In IDR Bn

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30

Revenue & EBITDA Details

9M 2015 Results

In IDR Bn

9M

∆%

2014 2015

GOR 2,415 3,013 25%

Service Cost 626 795 27%

NOR 1,789 2,218 24%

Material Cost 756 886 17%

Gross Margin 1,033 1,333 29%

Operating Expenses 670 832 24%

EBITDAR 363 501 38%

% to GOR 15.0% 16.6%

% to NOR 20.3% 22.6%

Rental (i) 54 69 27%

EBITDA(ii) 309 431 40%

% to GOR 12.8% 14.3%

% to NOR 17.3% 19.4%

NPAT 51 68 32%

% to GOR 2.1% 2.2%

% to NOR 2.9% 3.0% Notes:

(i) Represents rental expenses for the land and buildings, Siloam is leasing from FREIT, PT Lippo Karawaci Tbk and other parties. PT Lippo Karawaci started charging rent for the land and buildings of 9 hospitals on May 1,_2013.

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Balance Sheets

In IDR Bn

FY2014

9M2015

∆%

Assets

Cash & Equivalent 280 180 -36%

Other Current Assets 561 757 35%

Property and Equipment 1,589 1,581 0%

Other Assets 414 495 20%

Total Assets

2,844

3,014

6%

Liabilities & Equity

Liabilities 1,190 1,310 10%

Shareholders' Equity 1,654 1,704 3%

Total Liabilities & Equity

2,844

3,014

7%

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32

Revenue

EBITDA

Revenue & EBITDA Contribution

9M 2015 Results

22% _18%

9M 2014 9M 2015

Mature ≥ 5 Beds Mature 200-249 Mature 120-199 Beds Mature <120 Beds

De elopi g ≥ Beds Developing 120-199 Beds Developing <120 Beds Ne ≥ Beds

New <100 Beds Distinct Market Segment

Commentary

9M 2014 9M 2015

Mature ≥ 5 Beds Mature 200-249 Mature 120-199 Beds Mature <120 Beds

De elopi g ≥ Beds Developing 120-199 Beds Developing <120 Beds Ne ≥ Beds

New <100 Beds Distinct Market Segment

 Revenue growth is driven by the ramp-up of new hospitals opened in 2011, 2012, 2013 and 2014. This trend will continue in the coming years.

 EBITDA growth is driven by the contribution of new hospitals opened in 2011, 2012, 2013 and 2014. as these hospitals are ramping up their

operatio s to the le el of Mature hospital ategor .

Note:

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21.4 _21.2

≥ 5 Beds 200-249 Beds 120-199 Beds <120 Beds ≥ Beds 120-199 Beds <120 Beds ≥ Beds <100 Beds Distinct Market Segment

2012 2013 2014 9M 2015

Average Revenue Per Patient

Blended IPD Average Revenue Per Patient (IDR 17.6 Mn)

Blended OPD Average Revenue Per Patient (IDR 0.8 Mn)

0.8

2012 2013 2014 9M 2015

IDR Mn

Mature Developing New

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34

187,075

144,098

206,036

76,386 187,842

149,495

229,050

82,063

61,307

125,462

71,057 78,911

3,840

162,943

50,000 100,000 150,000 200,000 250,000

9M 2014 9M 2015

0%

Patient Visits & Admissions

9M 2015 Results

OPD Visits (+27%)

No of OPD Visits

17,542 17,586

9M 2014 9M 2015

No of ED Visits

-10%

ED Visits (+23%)

51% 17%

-11

(35)

Patient Visits & Admissions

IPD Admissions (+28%)

Average Length Of Stay (4.0)

13,204

9M 2014 9M 2015

No of IPD Admissions

- 3%

9M 2014 9M 2015

ALOS

1% 22%

10%

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