PT Bukalapak.com Tbk. dan entitas anaknya/and its subsidiaries

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Laporan keuangan konsolidasian tanggal 31 Desember 2021

dan untuk tahun yang berakhir pada tanggal tersebut beserta laporan auditor independen/

Consolidated financial statements as of December 31, 2021

and for the year then ended

with independent auditors’ report

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Daftar Isi Halaman/

Page

Table of Contents

Surat Pernyataan Direksi Statement Letter of the Board of Directors

Laporan Auditor Independen Independent Auditors’ Report

Laporan Posisi Keuangan Konsolidasian... 1-2 ... Consolidated Statement of Financial Position Laporan Laba Rugi dan Rugi ... ... Consolidated Statement of Profit or Loss and

Komprehensif Lain Konsolidasian ... 3 ... Other Comprehensive Loss Laporan Perubahan Ekuitas Konsolidasian ... 4 ... Consolidated Statement of Changes in Equity Laporan Arus Kas Konsolidasian ... 5 ... Consolidated Statement of Cash Flows Catatan atas Laporan Keuangan Konsolidasian ... 6-171 ... Notes to the Consolidated Financial Statements

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Kami telah mengaudit laporan keuangan konsolidasian PT Bukalapak.com Tbk. dan entitas anaknya terlampir, yang terdiri dari laporan posisi keuangan konsolidasian tanggal 31 Desember 2021, serta laporan laba rugi dan rugi komprehensif lain, laporan perubahan ekuitas, dan laporan arus kas konsolidasian untuk tahun yang berakhir pada tanggal tersebut, dan suatu ikhtisar kebijakan akuntansi signifikan dan informasi penjelasan lainnya.

We have audited the accompanying consolidated financial statements of PT Bukalapak.com Tbk. and its subsidiaries, which comprise the consolidated statement of financial position as of December 31, 2021, and the consolidated statements of profit or loss and other comprehensive loss, changes in equity, and cash flows for the year then ended, and a summary of significant accounting policies and other explanatory information.

Tanggung jawab manajemen atas laporan

keuangan Management’s responsibility for the financial

statements Manajemen bertanggung jawab atas penyusunan

dan penyajian wajar laporan keuangan konsolidasian tersebut sesuai dengan Standar Akuntansi Keuangan di Indonesia, dan atas pengendalian internal yang dianggap perlu oleh manajemen untuk memungkinkan penyusunan laporan keuangan konsolidasian yang bebas dari kesalahan penyajian material, baik yang disebabkan oleh kecurangan maupun kesalahan.

Management is responsible for the preparation and fair presentation of such consolidated financial statements in accordance with Indonesian Financial Accounting Standards, and for such internal control as management determines is necessary to enable the preparation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.

Tanggung jawab auditor Auditors’ responsibility

Tanggung jawab kami adalah untuk menyatakan suatu opini atas laporan keuangan konsolidasian tersebut berdasarkan audit kami. Kami melaksanakan audit kami berdasarkan Standar Audit yang ditetapkan oleh Institut Akuntan Publik Indonesia. Standar tersebut mengharuskan kami untuk mematuhi ketentuan etika serta merencanakan dan melaksanakan audit untuk memeroleh keyakinan memadai tentang apakah laporan keuangan konsolidasian tersebut bebas dari kesalahan penyajian material.

Our responsibility is to express an opinion on such consolidated financial statements based on our audit. We conducted our audit in accordance with Standards on Auditing established by the Indonesian Institute of Certified Public Accountants. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether such consolidated financial statements are free from material misstatement.

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angka dan pengungkapan dalam laporan keuangan. Prosedur yang dipilih bergantung pada pertimbangan auditor, termasuk penilaian atas risiko kesalahan penyajian material dalam laporan keuangan, baik yang disebabkan oleh kecurangan maupun kesalahan. Dalam melakukan penilaian risiko tersebut, auditor mempertimbangkan pengendalian internal yang relevan dengan penyusunan dan penyajian wajar laporan keuangan entitas untuk merancang prosedur audit yang tepat sesuai dengan kondisinya, tetapi bukan untuk tujuan menyatakan opini atas keefektivitasan pengendalian internal entitas.

Suatu audit juga mencakup pengevaluasian atas ketepatan kebijakan akuntansi yang digunakan dan kewajaran estimasi akuntansi yang dibuat oleh manajemen, serta pengevaluasian atas penyajian laporan keuangan secara keseluruhan.

in the financial statements. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditors consider internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

Kami yakin bahwa bukti audit yang telah kami peroleh adalah cukup dan tepat untuk menyediakan suatu basis bagi opini audit kami.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opini Opinion

Menurut opini kami, laporan keuangan konsolidasian terlampir menyajikan secara wajar, dalam semua hal yang material, posisi keuangan konsolidasian PT Bukalapak.com Tbk. dan entitas anaknya tanggal 31 Desember 2021, serta kinerja keuangan dan arus kas konsolidasiannya untuk tahun yang berakhir pada tanggal tersebut, sesuai dengan Standar Akuntansi Keuangan di Indonesia.

In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of PT Bukalapak.com Tbk. and its subsidiaries as of December 31, 2021, and their consolidated financial performance and cash flows for the year then ended, in accordance with Indonesian Financial Accounting Standards.

KAP Purwantono, Sungkoro & Surja

Handri Tjendra, CPA

Registrasi Akuntan Publik No. AP.1007/Public Accountant Registration No. AP.1007 12 April 2022/April 12, 2022

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Catatan terlampir merupakan bagian integral dari laporan keuangan konsolidasian ini.

The accompanying notes form an integral part of these consolidated financial statements.

ASET ASSETS

ASET LANCAR CURRENT ASSETS

2f,2m,2s

Kas dan setara kas 5,34,39 24.700.386.748 1.484.437.936 Cash and cash equivalents

Piutang usaha 2s,39 Trade receivables

Pihak ketiga - neto 6 51.584.132 84.136.100 Third parties - net

Pihak berelasi - neto 2g,6,32 2.095.157 8.811.586 Related parties - net

Aset kontrak 2s,39 Contract assets

Pihak berelasi - neto 2g,6,32 7.589.699 7.375.296 Related parties - net

Piutang lain-lain 2s,39 Other receivables

Persediaan 2i 1.272.646 - Inventories

Uang muka dan

biaya dibayar di muka 2h,8 252.056.733 25.415.296 Advances and prepaid expenses

Pajak dibayar di muka 21a 45.630.681 25.101.293 Prepaid taxes

Aset keuangan lancar lainnya 2s,9,34 656.915.933 57.933.913 Other current financial assets

Total aset lancar 25.848.765.146 1.769.815.305 Total current assets

ASET TIDAK LANCAR NON-CURRENT ASSETS

Aset tetap - neto 2k,10 69.191.949 271.552.233 Fixed assets - net

Aset hak guna - neto 11 44.681.412 63.464.883 Right-of-use assets - net

Aset pajak tangguhan 2q,3b,21d 294.948.021 477.792.167 Deferred tax assets

Investasi jangka panjang 2s,14, 39 56.339.887 3.148.606 Long-term investment

Aset takberwujud - neto 2j,15 63.470.194 2.268.878 Intangible assets - net

Biaya dibayar di muka - tidak lancar 2h,2n,8 32.449 1.731.593 Prepaid expenses - non-current

Goodwill 1e,2d,12 215.710.360 - Goodwill

Aset tidak lancar lainnya 2s,16 22.410.539 3.883.772 Other non-current assets

Total aset tidak lancar 766.784.811 823.842.132 Total non-current assets

TOTAL ASET 26.615.549.957 2.593.657.437 TOTAL ASSETS

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Catatan/ 31 Desember 2021/ 31 Desember 2020/

Notes December 31, 2021 December 31, 2020

LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY

LIABILITAS LIABILITIES

LIABILITAS JANGKA PENDEK CURRENT LIABILITIES

Utang usaha Trade payables

Pihak ketiga 2m,2s,17a,34,37,39 108.895.233 61.221.316 Third parties

Pihak berelasi 2g, 2s,17a,32,37,39 5.578.051 10.970.831 Related parties

Utang lain-lain Other payables

Pihak ketiga 2s,17b,34,37,39 260.990.635 237.570.895 Third parties

Pihak berelasi 2g,2s,17b,32,37,39 36.584.457 63.483.462 Related parties

Utang pajak 2q,21b 10.932.901 5.814.866 Taxes payables

Beban akrual 2s,18,34,37,39 437.551.261 378.095.994 Accrued expenses

Liabilitas imbalan kerja karyawan Short term employee benefit

jangka pendek 22 112.840.533 99.103.331 liabilities

Liabilitas sewa

- bagian lancar 11,37,39 22.138.562 17.208.636 Lease liabilities - current portion

Kewajiban kontrak 19 2.862.646 8.522.093 Contract liabilities

Pinjaman bank jangka pendek 20,37 2.000.000.000 - Short term bank loan

Liabilitas atas pembayaran Short-term share-based payments

berbasis saham jangka pendek 2t, 23a,37 9.080.363 - liabilities

Total liabilitas jangka pendek 3.007.454.642 881.991.424 Total current liabilities

LIABILITAS JANGKA PANJANG NON-CURRENT LIABILITIES

Liabilitas sewa

jangka panjang 11,37,39 32.675.044 51.000.328 Long term lease liabilities

Liabilitas imbalan kerja karyawan 2s,3b,22a 59.994.153 45.895.484 Employee benefits liabilities

Penyisihan biaya pembongkaran 11 6.934.533 6.934.533 Provision for dismantling cost

Liabilitas pajak tangguhan 2q,21d 3.742.135 - Deferred tax liabilities

Liabilitas atas pembayaran Long-term share-based payments

berbasis saham jangka panjang 2t, 23a,37 9.130.701 - liabilities

Total liabilitas jangka panjang 112.476.566 103.830.345 Total non-current liabilities

TOTAL LIABILITAS 3.119.931.208 985.821.769 TOTAL LIABILITIES

EKUITAS EQUITY

Ekuitas yang dapat diatribusikan Total Equity attributable to

kepada Pemilik Entitas Induk Owners’s of the Parent Entity

Modal saham - nilai nominal Share capital - par value

Rp50 (angka penuh) Rp50 (full amount)

(2020: Rp1.000 (angka penuh) dan (2020: Rp1,000 (full amount) and

Rp3.000.000 (angka penuh)) per saham Rp3,000,000 (full amount)) per share

Modal dasar - (2021: 309.186.058.216 Authorized - (2021: 309,186,058,216

saham; 2020: 20.231.509 saham) shares; 2020: 20,231,509 shares)

Modal ditempatkan dan disetor Issued and fully paid -

penuh - (2021: 103.062.019.354 saham; (2021: 103,062,019,354 shares;

2020: 8.161.561 saham) 23 5.153.100.968 2.508.277.911 2020: 8,161,561 shares)

Tambahan modal disetor 24 27.535.082.984 6.623.547.557 Additional paid-in capital

Selisih nilai transaksi dengan pihak Difference in value of transactions

nonpengendali 35 39.400.000 39.400.000 with non-controlling interests

Ekuitas lain-lain 2t,23 48.038.452 59.246.858 Other equity

Akumulasi defisit (9.327.845.361) (7.654.886.018) Accumulated deficit

Penghasilan komprehensif lain 21.880.243 21.639.931 Other comprehensive income

Total 23.469.657.286 1.597.226.239 Total

Kepentingan nonpengendali 2c,25 25.961.463 10.609.429 Non-controlling interest

TOTAL EKUITAS 23.495.618.749 1.607.835.668 TOTAL EQUITY

TOTAL LIABILITAS DAN EKUITAS 26.615.549.957 2.593.657.437 TOTAL LIABILITIES AND EQUITY

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Tahun yang berakhir pada tanggal 31 Desember/

Years ended December 31, Catatan/

Notes 2021 2020

PENDAPATAN NETO 2o,2g,26,32 1.869.122.325 1.351.664.460 NET REVENUES

Beban pokok pendapatan 2g,2o,27,32 (441.425.078) (123.260.464) Cost of revenues

Beban penjualan dan pemasaran 2o,2g,28,32 (1.639.532.736) (1.519.717.878) Selling and marketing expenses

Beban umum dan administrasi 2o,29 (1.452.156.457) (1.497.479.742) General and administrative expenses

Beban operasi lainnya 2o,30 (45.294.794) (48.880.203) Other operating expenses

RUGI USAHA (1.709.286.740) (1.837.673.827) LOSS FROM OPERATIONS

Pendapatan keuangan 2o,31 226.611.979 14.078.258 Finance income

Beban keuangan 2o,31 (18.305.426) (8.547.175) Finance expense

RUGI SEBELUM

PAJAK PENGHASILAN (1.500.980.187) (1.832.142.744) LOSS BEFORE INCOME TAX

(BEBAN)/MANFAAT

PAJAK PENGHASILAN 2q,21c (174.763.548) 483.100.591 INCOME TAX (EXPENSE)/BENEFIT

RUGI TAHUN BERJALAN (1.675.743.735) (1.349.042.153) LOSS FOR THE YEARS

PENGHASILAN KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME

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

laba rugi tahun berikutnya: loss in subsequent years:

Keuntungan atas pengukuran 22c Remeasurement gain on

kembali liabilitas imbalan kerja - employee benefit liabilities

setelah pajak 360.492 32.684.398 - net of tax

Total penghasilan komprehensif lain 360.492 32.684.398 Total other comprehensive income

TOTAL RUGI KOMPREHENSIF TOTAL COMPREHENSIVE LOSS

TAHUN BERJALAN (1.675.383.243) (1.316.357.755) FOR THE YEARS

Rugi tahun berjalan yang dapat Loss for the years

diatribusikan kepada: attributable to:

Pemilik Entitas Induk (1.672.959.343) (1.349.041.582) Owners of the Parent Entity

Kepentingan nonpengendali (2.784.392) (571) Non-controlling interests

(1.675.743.735) (1.349.042.153)

Rugi komprehensif tahun berjalan yang dapat Comprehensive loss for the years

diatribusikan kepada: attributable to:

Pemilik Entitas Induk (1.672.650.007) (1.316.357.184) Owners of the Parent Entity

Kepentingan nonpengendali (2.733.236) (571) Non-controlling interests

(1.675.383.243) (1.316.357.755)

RUGI PER SAHAM YANG LOSS PER SHARE

DIATRIBUSIKAN KEPADA ATTRIBUTABLE TO EQUITY

PEMEGANG SAHAM ENTITAS HOLDERS OF THE PARENT

INDUK (dalam angka penuh) 2w,33 (16) (171.480) ENTITY (in full amount)

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Modal Saham Nonpengendali/

Ditempatkan dan Difference in Value Penghasilan

Disetor Penuh/ Tambahan of Transactions Komprehensif Akumulasi Kepentingan

Issued and Modal Disetor/ with Non- lainnya/Other Defisit/ Nonpengendali/

Fully Paid Additional controlling Ekuitas lain-lain/ Comprehensive Accumulated Non-controlling Jumlah Ekuitas/

Share Capital Paid-in Capital Interests Other equity Income Deficit Total/Total Interests Total Equity

Saldo 1 Januari 2020 1.417.372.911 6.004.734.202 - 46.586.173 (11.044.467) (6.305.844.436) 1.151.804.383 - 1.151.804.383 Balance as of January 1, 2020

Tambahan modal disetor 1.090.905.000 618.813.355 - - - - 1.709.718.355 - 1.709.718.355 Additional paid-in capital

Opsi saham karyawan - - - 12.660.685 - - 12.660.685 - 12.660.685 Employee stock option

Setoran modal dari nonpengendali - - 39.400.000 - - - 39.400.000 10.610.000 50.010.000 Stock subscription from non-controlling interests

Total laba/(rugi) komprehensif Total comprehensive income/(loss)

tahun berjalan - - - - 32.684.398 (1.349.041.582) (1.316.357.184) (571) (1.316.357.755) for the year

Saldo 31 Desember 2020 2.508.277.911 6.623.547.557 39.400.000 59.246.858 21.639.931 (7.654.886.018) 1.597.226.239 10.609.429 1.607.835.668 Balance as of December 31, 2020

Tambahan modal disetor 2.644.658.851 20.830.773.209 - - - - 23.475.432.060 - 23.475.432.060 Additional paid-in capital

Opsi saham karyawan 164.206 80.762.218 - (11.208.406 ) - - 69.718.018 - 69.718.018 Employee stock option

Akuisisi anak perusahaan baru - - - - - - - 18.085.270 18.085.270 Acquisition of new subsidiary

Selisih nilai transaksi mata uang asing - - - - (69.024) - (69.024) - (69.024) Difference in foreign currencies

Total laba/(rugi) komprehensif Total comprehensive income/(loss)

tahun berjalan - - - - 309.336 (1.672.959.343) (1.672.650.007) (2.733.236) (1.675.383.243) for the year

Saldo 31 Desember 2021 5.153.100.968 27.535.082.984 39.400.000 48.038.452 21.880.243 (9.327.845.361) 23.469.657.286 25.961.463 23.495.618.749 Balance as of December 31, 2021

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Catatan/

Notes 2021 2020

ARUS KAS DARI AKTIVITAS CASH FLOWS FROM OPERATING

OPERASI ACTIVITIES

Penerimaan kas dari pelanggan 2.067.219.284 1.649.651.636 Cash receipts from customers

Penerimaan kas dari pengguna Proceeds from the Company’s

online marketplace Perusahaan online marketplace users

yang belum diserahkan which has not been yet

kepada merchant - neto 17b 274.471.906 295.079.034 transferred to merchants - net

Pembayaran kas kepada pemasok Payments to suppliers

dan karyawan (3.855.962.704) (3.239.896.424) and employees

Penerimaan dari pendapatan Receipts from finance

keuangan - neto 226.611.979 17.697.002 income - net

(Pembayaran untuk)/penerimaan dari (Payments)/receipt of other

aktivitas lainnya (103.345.235) 13.250.098 operating activities

Pembayaran beban keuangan (18.305.426) (8.547.176) Payments of finance expense

Penerimaan dari tagihan pajak - 118.393.792 Receipt from claim for tax refund

Kas Neto yang Digunakan untuk Net Cash Used in

Aktivitas Operasi (1.409.310.196) (1.154.372.038) Operating Activities

ARUS KAS DARI AKTIVITAS CASH FLOWS FROM INVESTING

INVESTASI ACTIVITIES

Perolehan aset tetap 10 (2.050.757) (14.787.051) Acquisition of fixed assets

Penambahan aset keuangan Addition of other financial

lancar lainnya 9 (575.000.000) - current assets

Penerimaan kas dan setara kas Proceeds from cash and cash

dari kombinasi bisnis 12 21.357.106 - equivalents from business combination

Penerimaan dari pelepasan Proceeds from disposal

aset tetap 10,38a 9.504.742 13.349.971 of fixed assets

Penambahan investasi (39.863.877) - Addition of investment

Akuisisi entitas anak (72.947.900) - Acquisition of subsidiaries

Kas Neto yang Digunakan Net Cash Used in

untuk Aktivitas Investasi (659.000.686) (1.437.080) Investing Activities

ARUS KAS DARI AKTIVITAS CASH FLOWS FROM FINANCING

PENDANAAN ACTIVITIES

Pembayaran liabilitas sewa 11 (13.395.358) (12.250.216) Payments of lease liabilities

Penerimaan pinjaman bank Receipt from

jangka pendek 20 2.000.000.000 - short-term bank loan

Penerimaan dari penambahan Proceeds from additional

setoran modal 23,24 23.284.391.284 1.709.718.355 capital contribution

Penambahan setoran modal Capital contribution from

dari entitas non-pengendali non-controlling interest of

entitas anak - 50.010.000 a subsidiary

Kas Neto yang Diperoleh Net Cash Provided by

dari Aktivitas Pendanaan 25.270.995.926 1.747.478.139 Financing Activities

KENAIKAN NETO NET INCREASE IN

KAS DAN SETARA KAS 23.202.685.044 591.669.021 CASH AND CASH EQUIVALENTS

Effect of changes in foreign

Efek perubahan kurs mata uang asing exchange rates on

terhadap kas dan setara kas 13.263.768 8.781.943 cash and cash equivalents

KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS

AWAL TAHUN 1.484.437.936 883.986.972 AT BEGINNING OF YEARS

KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS

AKHIR TAHUN 5 24.700.386.748 1.484.437.936 AT END OF YEARS

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1. UMUM 1. GENERAL

a. Pendirian Perusahaan a. Establishment of the Company PT Bukalapak.com Tbk. (“Perusahaan”)

didirikan di Indonesia pada tanggal 9 September 2011 berdasarkan Akta Notaris Dr. Misahardi Wilamarta, S.H., M.H., M.Kn., LL.M No. 11 pada tanggal yang sama. Akta pendirian ini disahkan oleh Menteri Kehakiman Republik Indonesia dalam Surat Keputusan No. AHU-46088.AH.01.01 Tahun 2011 Tanggal 21 September 2011 serta diumumkan dalam Berita Negara No. 67060 Tambahan No. 91 Tanggal 13 November 2012. Anggaran Dasar Perusahaan telah mengalami beberapa kali perubahan dan terakhir dengan Akta Pernyataan Keputusan Rapat Perubahan Anggaran Dasar No. 38 tanggal 13 September 2021 yang dibuat di hadapan Aulia Taufani, S.H., Notaris di Jakarta Selatan.

Perubahan ini telah telah mendapatkan Surat Penerimaan Pemberitahuan Perubahan Anggaran Dasar No. AHU-AH.01.03-0450575 tanggal 20 September 2021 dan telah didaftarkan dalam Daftar Perseroan pada Kementerian Hukum dan Hak Asasi Manusia Republik Indonesia di bawah No. AHU- 0161207.AH.01.11.Tahun 2021 tanggal 20 September 2021.

PT Bukalapak.com Tbk. (“the Company”) was established in Indonesia on September 9, 2011 based on Notarial Deed No. 11 on the same date of Dr. Misahardi Wilamarta, S.H., M.H., M.Kn., LL.M. The Company’s Articles of Association was approved by the Ministry of Justice of the Republic of Indonesia in its Decision Letter No. AHU-46088.AH.01.01 Tahun 2011 dated September 21, 2011 and was published in Supplement No. 67060 of the State Gazette No. 91 dated November 13, 2012. The Company’s Articles of Association has been amended several times and most recently by Deed of Meeting Decision on Amendments to the Articles of Association No.

38 dated September 13, 2021, made in front of Aulia Taufani, S.H., a notary based in South Jakarta. The amendment has been acknowledged by Minister of Law and Human Right of Republic of Indonesia based on its letter number AHU-AH.01.03-0450575 dated September 20, 2021 and has been registered in the Company Register at the Ministry of Law and Human Rights of the Republic of Indonesia under No. AHU-0161207.AH.01.11.Tahun 2021 dated September 20, 2021.

Ruang lingkup kegiatan Perusahaan seperti tertera di dalam Anggaran Dasar adalah bergerak dalam bidang usaha yang terkait dengan portal web dan platform digital dengan tujuan komersial di Indonesia. Perusahaan berdomisili di Metropolitan Tower, Lantai 22, Jalan Raden Adjeng Kartini, Kaveling 14, Jakarta Selatan. Perusahaan beroperasi secara komersial mulai tahun 2011.

In accordance with its Articles of Association, the Company engages mainly in activities related to web portal and commercial digital platform in Indonesia. The Company is domiciled in Metropolitan Tower, 22^nd Floor, Jalan Raden Adjeng Kartini, Kaveling 14, South Jakarta. The Company started its commercial operations in 2011.

Perusahaan tidak dimiliki oleh entitas induk karena tidak ada pemegang saham yang memiliki kendali.

The Company is not owned by any Parent entity as there are no shareholders with controlling interest.

Dalam laporan keuangan konsolidasian Perusahaan dan entitas anak bersama-sama disebut sebagai “Kelompok Usaha”.

In the consolidated financial statements, the Company and its subsidiaries are collectively referred to as “the Group”.

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b. Penawaran Umum Saham Perusahaan b. Public Offering of the Company’s Shares Dalam rangka penawaran umum perdana

saham Perusahaan, Perusahaan mendapatkan Surat Pemberitahuan Efektif Pernyataan Pendaftaran No. S-120/D.04/2021 tertanggal 26 Juli 2021 dari Otoritas Jasa Keuangan (“OJK”) untuk melakukan penawaran umum perdana sebanyak 25.765.504.800 lembar saham dengan nilai nominal Rp50 (angka penuh) per lembar saham dan harga penawaran sebesar Rp850 (angka penuh) per lembar saham. Seluruh saham yang ditawarkan ke masyarakat pada saat penawaran umum perdana berasal dari saham baru yang diterbitkan Perusahaan. Efektif tanggal 6 Agustus 2021, saham Perusahaan telah dicatatkan di Bursa Efek Indonesia.

In relation to the initial public offering of the Company’s shares, the Company obtained the Notification Letter of Statement of Effective Registration No. S-120/D.04/2021 dated July 26, 2021 from the Financial Services Authority (“OJK”) to conduct an initial public offering of 25,765,504,800 shares to the public with par value of Rp50 (full amount) per share at an offering price of Rp850 (full amount) per share.

All of the shares offered to the public in the initial public offering were new shares issued by the Company. Effective on August 6, 2021, the Company’s shares have been listed on the Indonesia Stock Exchange.

c. Dewan Komisaris dan Direksi, Komite Audit

dan Karyawan c. Boards of Commissioners and Directors, Audit Committee and Employees

Susunan Dewan Komisaris dan Dewan Direksi Perusahaan berdasarkan Akta Notaris No. 47 tanggal 23 Desember 2021 dari Aulia Taufani, SH. dan Akta Notaris No. 16 tanggal 14 Desember 2020 dari Chandra Lim, S.H., LL.M., Notaris Jakarta pada tanggal 31 Desember 2021 dan 2020 adalah sebagai berikut:

The members of the Company's Boards of Commissioners and Directors based on Notarial Deed No. 47 dated December 23, 2021 by Aulia Taufani, SH. and Notarial Deed No. 16 dated December 14, 2020 by Chandra Lim, S,H., LL.M., Notary in Jakarta as of December 31, 2021 and 2020 are as follows:

31 Desember 2021 31 Desember 2020/

December 31, 2021 December 31, 2020

Dewan Komisaris Board of Commissioners

Prof. Dr. Bambang Permadi

Komisaris Utama Soemantri Brojonegoro Sutiana Ali President Commissioner

Komisaris Dra. Zannuba Arifah CH.R Jay Geoffrey Wacher Commissioner

Komisaris RD Adi Sariaatmadja Douglas Lehman Feagin Commissioner

Komisaris Zhang, Lu Zhang, Lu Commissioner

Komisaris - Lau Eng Boon Commissioner

Direksi Board of Directors

Direksi Utama Muhammad Rachmat Kaimuddin Muhammad Rachmat Kaimuddin President Director

Direksi Teddy Nuryanto Oetomo Teddy Nuryanto Oetomo Director

Direksi Willix Halim Willix Halim Director

Direksi Natalia Firmansyah - Director

Dewan Komisaris dan Direksi Perusahaan merupakan personil manajemen kunci.

The Company’s Boards of Commissioners and Directors are the key management personnel.

(13)

1. UMUM (lanjutan) 1. GENERAL (continued) c. Dewan Komisaris dan Direksi, Komite Audit

dan Karyawan (lanjutan)

c. Boards of Commissioners and Directors, Audit Committee and Employees (continued)

Susunan komite audit berdasarkan hasil keputusan rapat Dewan Komisaris No.698/KA/SK-BOC/IV/2021 tanggal 30 April 2021 pada tanggal 31 Desember 2021 dan 2020 adalah sebagai berikut:

The members of Company’s Audit Committee based on result of meeting Boards of Commissioners No. 698/KA/SK-BOC/IV/2021 dated April 30, 2021 as of December 31, 2021 and 2020 are as follows:

31 Desember 2021/ 31 Desember 2020/

December 31, 2021 December 31, 2020

Komite Audit Audit Committee

Prof. Dr. Bambang Permadi

Ketua Soemantri Brojonegoro - Chairman

Anggota Mawar Napitupulu - Member

Anggota Iwan Setiawan - Member

Pembentukan komite audit Perusahaan telah dilakukan sesuai dengan Peraturan BAPEPAM- LK No. IX.1.5, sebagaimana telah diperbarui dengan Peraturan Otoritas Jasa Keuangan No.55/POJK.04/2015 tanggal 23 Desember 2015 tentang Pembentukan dan Pedoman Pelaksanaan Kerja Komite Audit dan Peraturan Pencatatan Efek No. I-A, Lampiran Keputusan Direksi PT Bursa Efek Indonesia No. Kep- 00001/BEI/01-2014 tanggal 20 Januari 2014.

The establishment of the Company’s audit committee has complied with BAPEPAM-LK Rule No. IX.1.5, as renewed and replaced with Financial Services Authority Rule No.

55/POJK.04/2015 dated December 23, 2015 on the Establishment and Implementation Guidance of the Audit Committee and Securities Listing Regulation No. I-A, Appendix of Directors of PT Bursa Efek Indonesia No.

Kep-00001/BEI/01-2014 dated January 20, 2014.

Pada tanggal 31 Desember 2021 dan 31 Desember 2020 Kelompok usaha memiliki masing-masing 2.236 dan 1.810 karyawan (tidak diaudit).

As of December 31, 2021 and December 31, 2020, the Group has 2,236 and 1,810 employees, respectively (unaudited).

d. Penyelesaian Laporan Keuangan Konsolidasian

d. Completion of Consolidated Financial Statements

Manajemen Perusahaan bertanggung jawab atas penyusunan dan penyajian wajar laporan keuangan konsolidasian ini sesuai dengan Standar Akuntansi Keuangan di Indonesia, yang diselesaikan dan diotorisasi untuk diterbitkan oleh Direksi Perusahaan pada tanggal 12 April 2022.

The Company’s management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with Indonesian Financial Accounting Standards, which were completed and authorized for issuance by the Board of Directors of the Company on April 12, 2022.

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e. Entitas Anak yang Dikonsolidasikan e. Consolidated Subsidiaries Perusahaan mempunyai kepemilikan saham

secara langsung pada Entitas-entitas Anak berikut:

The Company has direct share ownerships in the following Subsidiaries:

Jumlah Aset (Sebelum Eliminasi)/

Persentase Kepemilikan Total Assets Efektif (%)/ (Before Elimination)

Tahun Effective Percentage (Dalam Jutaan Rupiah/

Beroperasi of Ownership (%) In Millions of Indonesian Rupiah)

Secara

Perusahaan/

Company

Domisili/

Domicile

Komersial/

Start of Commercial Operations

Jenis Usaha/

Nature of Business

31 Des.

2021/

Dec. 31, 2021

31 Des.

2020/

Dec. 31, 2020

31 Des.

2021/

Dec. 31, 2021

31 Des.

2020/

Dec. 31, 2020 Entitas Anak Langsung /Direct Subsidiaries

PT Buka Mitra Indonesia (BMI) Jakarta Selatan/

South Jakarta

2021 Portal web dan platform digital dengan tujuan komersial/

Portal and commercial digital platform

100,00 100,00 694.824 4.506

PT Buka Investasi Bersama (BIB) (dahulu/formerly PT Buka Pendanaan Bersama (BPB))

Jakarta Selatan/

South Jakarta

2021 Perantara perdagangan efek reksa dana/

Intermediate trade of mutual funds product

79,73 79,73 51.428 52.912

PT Buka Usaha Indonesia (BUI) Jakarta Selatan/

South Jakarta 2020 Jasa pengurusan

transportasi/

Transportation management services

100,00 100,00 178.950 1.781

Bukalapak Pte Ltd Singapura/

Singapore

2021 Konsultan teknologi informasi (kecuali cybersecurity)/

Information technology consultancy (except cybersecurity)

100,00 - 5.266 -

Five Jack Co., Ltd (FJ) Korea Selatan/

South Korea

2013 (i) Pengembangan perangkat lunak, (ii) Pengembangan, konsultasi, dan penyediaan konten multimedia perangkat lunak dan midi-soft, (iii) Pengembangan, konsultasi, dan penyediaan pengolahan data, database, bisnis telekomunikasi bernilai tambah (termasuk pengoperasian ecommerce)/ (i) Software development, (ii) Development, consulting and provision of software and midi-soft multimedia content, (iii) Development, consulting and provision of data processing, databases, value- added

telecommunications business (including e- commerce operations)

100,00 - 18.905 -

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

e. Entitas Anak yang Dikonsolidasikan (lanjutan)

e. Consolidated Subsidiaries (continued)

Perusahaan mempunyai kepemilikan saham secara langsung pada Entitas-entitas Anak berikut: (lanjutan)

The Company has direct share ownerships in the following Subsidiaries: (continued)

Secara

Perusahaan/

Company

Domisili/

Domicile

Komersial/

Jenis Usaha/

31 Des.

2021/

Dec. 31, 2021

31 Des.

2020/

Dec. 31, 2020

31 Des.

2021/

Dec. 31, 2021

31 Des.

2020/

Dec. 31, 2020 Entitas Anak Langsung (lanjutan) /Direct Subsidiaries (continued)

Five Jack Co., Ltd (FJ) (lanjutan)/ (continued)

Korea Selatan/

South Korea

2013 (iv) Produksi, distribusi dan perdagangan CD-ROM terkait dengan kegiatan bisnis di atas, (v) Pengembangan, konsultasi, dan penyediaan layanan Internet, (vi) Perencanaan pertunjukan dan menjalankan agensi acara, agensi, (vii) Pengembangan dan pendistribusian program siaran, (viii) Manajemen entertainment dan agensi, (ix) Perencanaan, produksi, impor dan penyediaan film, musik, dan animasi, (x) Produksi iklan dan pengoperasian biro iklan, (xi) Pengaturan untuk konser dalam atau luar negeri dan penempatan pekerjaan untuk entertainer/ (iv) Production, distribution and trading of CD- ROMs related to the above business activities, (v) Development, consulting and provision of Internet services, (vi) Planning of performances and running of event agencies, (vii) Development and distribution of broadcast programs, (viii) Management of entertainment and agencies, (ix) Planning, production, import and supply of films, music and animation, (x) Production of advertisements and operation of advertising agencies, (xi) Arrangements for domestic or foreign concerts and job placements for entertainers,

100,00 - 18.905 -

(16)

Perusahaan mempunyai kepemilikan saham secara langsung pada Entitas-entitas Anak berikut: (lanjutan)

The Company has direct share ownerships in the following Subsidiaries: (continued)

Secara

Perusahaan/

Company

Domisili/

Domicile

Komersial/

Jenis Usaha/

31 Des.

2021/

Dec. 31, 2021

31 Des.

2020/

Dec. 31, 2020

31 Des.

2021/

Dec. 31, 2021

31 Des.

2020/

Dec. 31, 2020 Entitas Anak Langsung (lanjutan) /Direct Subsidiaries (continued)

Five Jack Co., Ltd (FJ) (lanjutan)/(continued)

Korea Selatan/

South Korea

2013 (xii) Pelatihan dan pengarahan entertainer, (xiii) Bisnis penerbitan, perdagangan dan ritel, (xiv) Bisnis hak publikasi dalam dan luar negeri, (xv) Bisnis portal internet hiburan yang komprehensif, (xvi) Semua bisnis lain./ (xii) Training and briefing of entertainers, (xiii) publishing, trade and retail business, (xiv) inboard and abroad rights publications, (xv) Comprehensive entertainment internet portal business, (xvi) All other business.

100,00 - 18.905 -

Buka Australia Pty Ltd Australia/

Australia

2021 Menjalankan usaha dalam bidang ritel non toko/ Running a business in the fields of non-store retailing

100,00 - 12.344 -

PT Buka Mitra Properti (BMP)

Jakarta Selatan/

South Jakarta

- Menjalankan usaha dalam bidang informasi dan komunikasi, portal web dan/atau platform digital dengan tujuan komersial/ Running a business in the fields of information and communications, web portals and/or digital platforms for commercial purposes.

100,00 - 8.000 -

(17)

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

Perusahaan mempunyai kepemilikan saham secara tidak langsung pada Entitas-entitas Anak berikut: (lanjutan)

The Company has indirect share ownerships in the following Subsidiaries: (continued)

Secara

Perusahaan/

Company

Domisili/

Domicile

Komersial/

Jenis Usaha/

31 Des.

2021/

Dec. 31, 2021

31 Des.

2020/

Dec. 31, 2020

31 Des.

2021/

Dec. 31, 2021

31 Des.

2020/

Dec. 31, 2020 Entitas Anak Tidak Langsung/ Indirect Subsidiaries

PT Buka Pengadaan Indonesia(BPI) (dahulu/formerly PT Abadi Citra Indonesia (ACI))

Jakarta Selatan/

South Jakarta

2018 Perdagangan besar, aktivitas jasa keuangan, aktivitas pemrograman, aktivitas jasa informasi dan telekomunikasi/

100,00 100,00 61.446 63.625

Business in wholesale trade, financial services activities, programming activities, information services and telecommunications activities

PT Five Jack Jakarta Barat/

West Jakarta

2013 Menjalankan usaha dalam bidang: (i) Aktivitas Jasa Informasi, (ii) Telekomunikasi, (iii) Aktivitas Pemrograman, Konsultasi Komputer dan Kegiatan yang berhubungan dengan itu, dan (iv) Aktivitas Jasa Keuangan, Bukan Asuransi dan Dana Pensiun./ Running a business in the fields of: (i) Information Service Activities , (ii) Telecommunications, (iii) Programming activities, computer consulting and related activities, and (iv) Financial services activities, non- insurance and pension funds.

100,00 - 19.362 -

PT Anugrah Bisnis Cakrabuana (ABC)

Jakarta Selatan/

South Jakarta

2021 Menjalankan usaha dalam bidang aktivitas perusahaan holding/

Running a business in the fields of holding company activities.

100,00 - 1.729 -

PT Bina Unggul Kencana (BUK) Jakarta Selatan/

South Jakarta

2021 Menjalankan usaha dalam bidang aktivitas perusahaan holding/

Running a business in the fields of holding company activities.

100,00 - 174.850 -