Results Presentation (9M17)

Results Presentation (9M17)

Results Summary (Income Statement) (Rp bn) 9M17 9M16 % YoY Revenue 4,348 4,419-2% Effect of 4% YoY decline in Property Development while Recurring grew 6% YoY COGS (2,267) (2,280) -1% Gross Profit 2,081 2,139-3% Gross Profit Margin 48% 48% Gross Profit Margin maintained at 48% Operating Expense (1,114) (1,060) 5% Operating Profit 967 1,078-10% Operating Profit Margin 22% 24% Effect of G&A items tracking inflation while revenue declined Interest Income (Expense) - Net (248) (270) -8% Other Income (Expense) - Net 105 90 17% Final Tax (199) (230) -13% Net Income Before Non-Controlling Intere 625 668-6% Non-Controlling Interest 59 50 17% Net Income Attributable to Owners 566 618-8% Net Profit Margin 13% 14% 2

Results Summary (Revenue Breakdown and Margin Performance) (Rp bn) 9M17 9M16 % YoY Revenue Breakdown Property Development Revenue 3,146 3,290-4% Houses, shophouses, and land lots 2,476 2,516-2% Longer revenue recognition schedule from 2015 residential projects Apartments 422 636-34% Near completion of Voila, Orchard, and The Residence projects Office for sale 249 137 81% Construction progress from Puri Tower 3 and Kemayoran Tower 1 Recurring Revenue 1,202 1,129 6% Shopping malls 557 550 1% Hotels 334 289 15% Higher occupancy and ARR of Raffles Hotel Hospitals 121 108 12% Newly opened Ciputra Mitra Hospital Office leasing 87 82 6% Newly opened Tokopedia Tower Others 104 100 4% Total Revenue 4,348 4,419-2% Margin Performance Property Development GPM 46% 47% Houses, shophouses, and land lots 49% 52% Apartments 34% 29% Office towers 35% 34% Effect of product mix Recurring GPM 53% 54% Stable margins across recurring assets Shopping malls 65% 65% Hotels 40% 39% Hospitals 43% 43% Office leasing 64% 64% Others 34% 33% 3

Results Summary (Revenue per Segment and per Location) Revenue per Segment (9M17) Revenue per Location (9M17) Apartments 10% Office Towers 6% Shopping Malls 13% Surabaya 19% Other Java 18% Hotels 7% Others 7% Sumatra 13% Houses, shophouses, and land lots 57% Greater Jakarta 44% Sulawesi 4% Others 2% Development = 72% (Houses + Apartments + Office) Recurring = 28% (Malls + Hotels + Hospitals) Sustained focus on geographically diversified revenue sources to minimize concentration risk 4

Results Summary (Historical Revenue Breakdown) Rp tn Development vs. Recurring Revenue 8.0 7.0 1.4 6.0 1.1 1.7 28% 5.0 4.0 19% 0.8 16% 18% 18% 25% 1.2 3.0 2.0 1.0 0.6 2.7 4.2 5.2 6.1 5.1 3.1-2012 2013 2013 2015 2016 9M17 Development Revenue Recurring Revenue Recurring as % of Total Revenue Continued focus on high-growth core development business and complemented by stable recurring assets 5

Key Developments Launched 2 new projects and 12 new clusters/towers in existing projects with a combined presales of Rp2.8tn (52% of 9M17 achievement) New Projects = CitraLand Talassa City (Makassar) and CitraLand (Cibubur) New Clusters / Towers = CitraLand (Surabaya), CitraLand City Losari (Makassar), CitraRaya (Tangerang), Citra Maja Raya, CitraLand Bagya City (Medan), Ciputra Beach Resort (Bali), CitraGrand City (Palembang), Taman Dayu Pandaan (Surabaya), CitraLand BSB City Semarang, CitraGarden (Sidoarjo), The Suites (Ciputra World Jakarta 2), CitraHarmoni (Sidoarjo) Total 9M17 presales reached Rp5.3tn (62% of FY17 target) Plan to launch 2 new high-rise projects in 4Q17 The Newton 2 (Ciputra World Jakarta 2 Extension) 23,000 m² Semi-Gross Area Citra Plaza Batam 70,000 m² Semi-Gross Area Issued SGD150mn Medium Term Note with 4-year maturity and 4.85% coupon rate (September 2017) SGD35mn for working capital and SGD115mn for refinancing 25% cross-currency hedge and 75% call-spread Received a credit rating from Fitch of BB- / Stable Outlook (September 2017) Completed merger of 2 subsidiaries CTRS and CTRP (January 2017) 6

Pre-Sales Summary (Rp bn) Historical Presales 2016 Presales per Location 9M17 8,941 1,615 2,448 8,630 1,386 2,613 9,179 991 3,099 7,186 480 1,625 8,505 697 2,899 5,251 400 36% 13% 33% 10% 5% 3% 35% 15% 22% 7% 19% 2% 1,915 Greater Jakarta Surabaya Other Java Sumatra Sulawesi Others 4,878 4,631 5,088 5,081 4,909 2,936 2016 Presales per Product 9M17 2013 2014 2015 2016 2017 T 9M17 Directly-Owned JO - Profit Sharing JO - Revenue Sharing 15% 9% 6% 2% Units Sold Area Sold (Ha) 8,294 11,019 10,668 8,288 5,696 189 114 104 73 63 76% 92% Houses, shophouses, land lots Apartment Office 7

Pre-Sales Summary Presales per Payment Method Presales per Unit Price 11% 14% 10% 10% 15% 11% 8% 14% 6% 10% 48% 42% 57% 61% 36% 38% 27% 32% 33% 22% 24% 30% 32% 27% 41% 44% 33% 29% 49% 51% 33% 31% 40% 31% 2012 2013 2014 2015 2016 9M17 Mortgage Installments Cash Rising mortgage payment due to higher exposure to end-users and better accessibility to mortgages 2014 2015 2016 9M17 < Rp1bn Rp 1-2bn Rp 2-5bn > Rp 5bn Units below Rp2bn continue to make up majority of presales as end-users are targeted 8

Balance Sheet Summary Rp bn Sept 2017 Dec 2016 Dec 2015 Dec 2014 Assets 32,072 29,072 26,259 23,539 Cash & cash equivalents 4,272 3,468 3,034 2,889 Land 11,259 10,016 9,229 7,765 Others 16,541 15,589 13,995 12,885 Liabilities 17,117 14,774 13,209 11,886 Debt 8,232 6,662 5,277 4,021 Advances from customers 2,987 5,851 5,732 5,871 Others 5,898 2,262 2,200 1,994 Equity 14,955 14,298 13,050 11,652 Minority interests 1,889 1,654 1,541 826 Equity net of minority interest 13,066 12,643 11,510 10,826 Debt to Total Equity 55% 47% 40% 35% Net Debt to Total Equity 26% 22% 17% 10% 9

Debt Profile As of Sept-17 Total Borrowings: Rp8.2tn Floating 73% Fixed 27% Rupiah 77% Foreign Currency 23% 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 (Rp tn) Borrowing Cost 11.7% 9.9% Maturity Profile 38% 10.4% 14% 15% 5.6% 12% 7% 6% 6% 5% 3% 1% 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Long Term Bank Loan Maturity Bonds and Notes Payable Maturity Borrowing Cost 10

Capex Schedule Office 18% Historical Capex Land Acquisition 62% 9M17 Rp1.3tn Hotel 9% Mall 8% Rp tn 2.1 0.9 1.3 Others 2% 2015 2016 9M17 2015 capex largely due to Ciputra World Jakarta project (mall + hotel + office tower) Land acquisition capex largely for land reclamation project in Makassar 11

Growth Strategy Retain healthy land bank levels (currently sufficient for >15 years of development) by continuously replenishing land bank in existing projects while searching for new strategic locations Sustain wide geographical footprint (currently have a presence in 33 cities) to allow diversification of products and target market while minimizing concentration risk Continue to leverage on the Ciputra brand equity by continuing Joint-Operation schemes with land owners Maintain prudent capital management (net gearing at 0.26x as of 9M17) with a well-balanced debt maturity profile and mixed sources of funding Create innovative product launches to best cater to existing demand by capitalizing on the flexibility given by ample and diverse land bank Increase portion of recurring income while simultaneously boost synergy by focusing on complimentary amenities within existing developments (e.g. malls, hospitals, and offices) 12

Sufficient Land Bank to Sustain >15 Years of Development Directly-Owned Project Developed Land (Saleable - Net) Undeveloped Land (Raw - Gross) Land ASP Trend Land ASP (Rp mn per sqm) Ha Ha 2010-13 CAGR 2013-16 CAGR 2016 CitraGarden City 42 18 48% 12% 16.3 CitraRaya Tangerang 101 556 63% 12% 3.6 CitraIndah Jonggol 86 155 17% 22% 1.6 Total Greater Jakarta 228 729 CitraLand Surabaya 149 632 33% 12% 7.7 CitraHarmoni Sidoarjo 24 47 31% 23% 3.9 CitraGarden Sidoarjo 3-23% 26% 5.0 Total Surabaya 176 679 CitraGarden Lampung 2-28% 2% 2.2 CitraLand Lampung 15 11 - - 3.6 CitraLand Pekanbaru 5 3-15% 4.2 CitraLand NGK Jambi - 2-9% 3.5 Total 424 1,424 Total directly-owned land bank of 1,280 Ha (net assuming 60% saleable area) 13

Rights to Additional Land Bank Through Joint-Operation Schemes Joint Operation Project Development Plan (Ha) Land ASP Rp mn per sqm) 2016 CitraLand Cibubur 200 3.8 CitraGrand Senyiur City Samarinda 397 1.3 CitraLake Sawangan Depok 12 4.4 CitraGarden City Samarinda 100 2.4 Total Greater Jakarta 212 CitraLand City Samarinda 93 3.4 The Taman Dayu Pandaan 600 4.3 CitraMitra City Banjarbaru 172 1.0 CitraLand The Green Lake Surabaya 40 8.2 CitraLand Banjarmasin 40 4.7 CitraIndah Sidoarjo 2 2.3 CitraGarden Banjarmasin 10 3.1 Total Greater Surabaya 642 CitraGarden Aneka Pontianak 27 5.6 CitraMaja Raya 1,200 1.3 Citra BukitIndah Balikpapan 21 4.4 CitraLand BSB City Semarang 100 2.7 CitraCity Balikpapan 9 10.5 CitraGrand Semarang 55 3.4 CitraLand Denpasar 18 11.6 CitraSun Garden Semarang 17 5.3 Total Kalimantan + Bali 888 CitraGarden City Malang 100 3.7 CitraGrand Galesong City Gowa 500 1.7 Citra Green Dago Bandung 70 3.9 CitraLand City Losari Makassar 157 15.3 CitraGarden BMW Cilegon 47 3.0 CitraLand Talassa City Makassar 69 4.3 CitraLand Cirebon 45 2.1 CitraLand Celebes Makassar 30 5.0 CitraLand Puri Serang 43 1.9 CitraGarden Makassar 15 2.4 CitraGarden Pekalongan 10 1.7 CitraLand Palu 17 3.7 CitraGrand Mutiara Yogyakarta 9 3.8 CitraLand Kendari 15 3.5 CitraSun Garden Yogyakarta 6 6.1 Total Sulawesi 803 Total Java Ex-Jakarta Ex-Surabaya 1,702 CitraRaya City Jambi 611 1.0 CitraGrand City Palembang 165 2.8 CitraLand Bagya City Medan 63 5.7 CitraLand Botanical City Pangkalpinang 57 1.9 Citra AeroLink Batam 21 3.8 CitraLand Megah Batam 19 3.2 CitraGarden Pekan Baru 20 1.9 Total Sumatra 956 Joint Operation Project Development Plan (Ha) Land ASP (Rp mn per sqm) 2016 Total JO Land Bank of 5,203 Ha (Gross) (716 Ha has been sold as of 9M17) 14

High-rise (Apartment and Office - Strata Title) High-rise Project Tower Total Saleable Area (sqm) Sold % Construction Progress CitraGarden City Jakarta CitraLake Suites 17,986 45% 91% Citra Living 9,064 71% 0% Kemayoran Citra Towers 37,955 68% 28% Ciputra World Jakarta 1 Raffles Residence 41,500 84% 96% DBS Bank Tower 19,284 95% 100% Tokopedia Tower 28,000 73% 90% Ciputra World Jakarta 2 The Orchard 36,000 97% 94% The Residence 14,000 96% 95% Ciputra World Jakarta 2 Ext. The Newton 15,800 69% 0% Office Tower 3 34,000 41% 74% Ciputra International San Francisco 21,000 38% 75% Office Tower 2 19,500 62% 0% Amsterdam 25,500 85% 75% Total Jakarta 319,589 Vieloft SOHO 40,298 28% 5% Ciputra World Surabaya Office Tower 40,298 60% 5% Voila Apartment 35,801 88% 95% CitraLand Surabaya Denver Apartment 14,403 71% 0% Total Surabaya 130,800 Vida View Apartment Tower B 24,640 29% 50% Total High-rise Projects 475,029 Total unsold high-rise area of 206,097 m² 15

Continued Strong Performance of Diversified Recurring Assets Solid occupancy across mall assets Mall Net Leasable Area (m²) Occupancy Rate 2013 2014 2015 2016 1H17 Ciputra World Jakarta 1 81,000 100% 100% 100% 100% 100% Ciputra World Surabaya 56,000 96% 98% 99% 95% 94% Ciputra Mall Jakarta 42,700 97% 97% 98% 95% 93% Ciputra Mall Semarang 20,190 100% 90% 98% 99% 100% Total 199,890 Ciputra Mall CitraRaya Tangerang 26,000 (groundbreaking Oct 2017 - planned completion 2019) Average room rates (ARR) across hotel assets Rp '000 2013 2014 2015 2016 1H17 2016-1H17 % Change Ciputra World Jakarta 1 (Raffles Hotel) - - - 2,588 3,379 31% Ciputra World Surabaya - - 821 876 883 1% Ciputra Hotel Jakarta 740 790 788 802 784-2% Ciputra Hotel Semarang 512 505 529 547 545 0% CitraDream Hotel Bintaro - - - 358 355-1% CitraDream Hotel Cirebon - 273 264 283 261-8% CitraDream Hotel Yogyakarta - 341 320 321 252-21% CitraDream Hotel Semarang - 250 260 246 236-4% 16

Diversified Recurring Assets: Hospital Ciputra Hospital Tangerang Ciputra Hospital Jakarta Ciputra Mitra Hospital Location Start operation CitraRaya Tangerang, West of Jakarta 1 November 2011 1 November 2011 1.2 ha CitraGarden City, Jakarta 10 December 2015 CitraLand Banjarmasin, South Kalimantan 16 November 2016 Total area 1.2 126 ha beds 1.2 ha 1.5 ha Capacity 126 Our beds first health care project 236 beds (total) 168 beds Others Our first health care project As a referral hospital for other hospitals, medical centers and clinics A joint venture project with Mitra Group Our first health care project in Kalimantan 17

Financial Highlights (Rp bn) 3,323 5,077 6,340 Revenue 7,514 6,739 4,419 4,348 (Rp bn) 2,546 1,667 50% 50% Gross Profit 3,724 3,330 3,290 2,139 2,081 53% 50% 49% 48% 48% 2012 2013 2014 2015 2016 9M16 9M17 2012 2013 2014 2015 2016 9M16 9M17 Gross Profit Gross Margin (Rp bn) Net Profit Key Ratios 1,303 1,685 1,645 1,112 1.6 1.4 1.4 1.5 1.9 2.3 818 25% 26% 27% 22% 17% 618 566 14% 13% -15% -7% 10% 17% 22% 26% 2012 2013 2014 2015 2016 9M16 9M17 2012 2013 2014 2015 2016 9M17 Net Profit Net Margin Net Debt to Equity Current Ratio 18

Key Projects 2017 CitraLand Surabaya Location Launch Development plan Market segment Pre-sales up to Sep 2017 Selling price per unit Average unit selling price Average land selling price Unit sold Others West Surabaya 1993 1,700 ha (sold 723 ha) Middle to middle-high Rp 1.4 trillion Rp 620 million to Rp 7.7 billion Rp 1.8 billion Rp 8.5 million 776 units Launched new clusters North West Hill and North West Boulevard in (Sep- 17). Pre-sales was recorded at Rp 1.1 trillion. 19

Key Projects 2017 CitraLand City Losari Makassar Location Launch Development plan Market segment Pre-sales up to Sep 2017 Selling price per unit Average unit selling price Average land selling price Unit sold Others Makassar, South Sulawesi October 2015 157 ha (sold 6 ha) Middle to high Rp 520 billion Rp 2.2 billion to Rp 24.3 billion Rp 11.1 billion Rp 14.7 million 47 units Launched new clusters Sunset Cove 8 (Feb-17) and Treasure Island (Aug-17). Presales was recorded at Rp 391 billion. 20

Key Projects 2017 CitraMaja Raya Banten Location Launch Development plan Market segment Pre-sales up to Sep 2017 Selling price per unit Average unit selling price Average land selling price Unit sold Others Lebak, Banten, West Java November 2014 1,200 ha (sold 111 ha) Middle to middle-low Rp 401 billion Rp 110 million to Rp 1.5 billion IDR 290 million IDR 1.3 million 1,392 units Launched new cluster Ubud (May-17). Pre-sales was recorded at Rp 122 billion. 21

Key Projects 2017 CitraRaya Tangerang Location Launch Development plan Market segment Pre-sales up to Sep 2017 Selling price per unit Average unit selling price Average land selling price Unit sold Others Tangerang, West of Jakarta 1994 2,760 ha (sold 824 ha) Middle-low to middle-high Rp 330 billion Rp 180 million to Rp 2.5 billion Rp 820 million IDR 3.7 million 542 units Launched new cluster East Portofino (May- 17). Pre-sales was recorded at Rp 141 billion. 22

Key Projects 2017 CitraLand Talassa City Makassar Location Launch Development plan Market segment Pre-sales up to Sep 2017 Selling price per unit Average unit selling price Average land selling price Unit sold Others Makassar, South Sulawesi May 2017 69 ha (sold 5 ha) Middle Rp 308 billion Rp 550 million to Rp 3.2 billion Rp 1.2 billion Rp 4.3 million 237 units A joint-operation project 23

Key Projects 2017 CitraGarden City Jakarta Location Launch Development plan Market segment Pre-sales up to Sep 2017 Selling price per unit Average unit selling price Average land selling price Unit sold Others Kalideres, West Jakarta 1984 444 ha (sold 364 ha) Middle to high Rp 180 billion Rp 900 million to Rp 6.4 billion Rp 2.6 billion Rp 16.4 million 112 units - 24

Key Projects 2017 CitraLand Cibubur Location Launch Development plan Market segment Pre-sales up to Sep 2017 Selling price per unit Average unit selling price Average land selling price Unit sold Others Greater Jakarta May 2017 200 ha (sold 3 ha) Middle to middle-low Rp 157 billion Rp 330 million to Rp 3.6 billion IDR 740 million IDR 3.7 million 210 units A joint venture project 25

Appendix A: New Corporate Structure Post Merger B: Corporate Milestones C: Competitive Strength D: Project Portfolio E: Management Team F: Company Awards G: Indonesia Macroeconomics

New Corporate Structure Post Merger PT Sang Pelopor & Affiliates Public 52% (18,560,303,397 shares @ Rp 250) 48% 99.99% PT CIPUTRA RESIDENCE 98.33% PT CIPUTRA ADIGRAHA 99.99% & Subsidiaries & Subsidiaries PT CIPUTRA RAYA SEJAHTERA & Subsidiaries 99.99% PT CIPUTRA NUSANTARA 98.99% PT SARANANEKA 7.43% & Subsidiaries INDAHPANCAR INTERNATIONAL CITY DEVELOPMENT PTE. LTD. 99.89% PT CIPUTRA INDAH 81.85% & Subsidiaries PT CIPUTRA SENTRA & Subsidiaries Others 99.99% PT CIPUTRA GRAHA MITRA 99.10% & Subsidiaries PT CIPUTRA SEMARANG & Subsidiaries Residential 99.99% PT CIPUTRA ADIBUANA 60% PT DWIPA TUNASBUMI ABHUYUDAYA Commercial 27

Corporate Milestones Capital raising & corporate actions -> STRENGTHEINING OUR FINANCIAL POSITION TO SUPPORT BUSINESS EXPANSION.. Established under the name of PT Citra Habitat Indonesia 1994 : IPO and listing on JSX 1995 : Issuance of Notes (US$ 100 million) 1996 : - Rights issue I - Listing on SSX - Issuance of bond (Rp 150 billion) - Issuance of TLCF (US$ 25 million) (Transferrable loan certificate facility) Developed and launched: 1984 : CitraGarden City, our first project, in West Jakartaz 1993 : - CitraLand, our first and largest township project in Surabaya - Ciputra Mall & Hotel Jakarta, our first commercial project 1994 : CitraRaya Tangerang, our largest township development project, covering an area of more than 2,700 ha 1997 : Economic crisis hit Indonesia. Start of debt restructuring process 1999 : PT Ciputra Surya Tbk (CTRS) s listing on JSX 2000 : Bonus shares distribution Developed and launched: 2005 : CitraGarden Lampung in Sumatra and CitraGarden Banjarmasin in Kalimantan, marking the beginning of business expansion outside of Java h 2006 : - Issuance of 2.4 billion shares without pre-emptive rights for debt settlement - Rights Issue II 2007 : IPO of PT Ciputra Property Tbk (CTRP) 2015 : Share dividend distribution 2016 : Share dividend distribution Merger plan with CTRS and CTRP Developed and launched: 2007 : Ciputra World Surabaya 2008 : Ciputra World Jakarta 2009 : CitraLand Celebes Makassar, our first project in Sulawesi 2011 : Ciputra Hospital Tangerang, our first health care project 2012 : CitraDream Hotel Cirebon, our first budget hotel 2013 : Ciputra Beach Resort Bali, our first resort development 2015 : CitraLand City Losari in Makassar, our first reclamation residential project 2016 : Ciputra Mitra Hospital, our first health care project in Kalimantan Project Development -> OVER 30 YEARS EXPERIENCE.. 28

Competitive Strength BUSINESS PROSPECT Increase in housing needs Urbanization trends Change in customers lifestyle Availability in mortgage facility Potential economic growth Government stimulus plan Stable political outlook Focus on real estate business We are well positioned in Indonesia s current property outlook because of the following factors: Steady launch and development of pipeline projects Most diversified in market targets, products offered & project locations Reputable brand & experienced management team Large land bank at prime locations to support future growth 29

Geographically Diversified Project Portfolio CitraGarden City CitraRaya CitraIndah CitraLake CitraTowers Kemayoran CitraLand Ciputra Mall & Hotel Somerset Grand Citra Ciputra World Ciputra Hospital Ciputra Hospital DIPO Business Center CitraDream Hotel Ciputra International Ciputra World 2 Extension CitraMaja Raya CitraLand Puri Medan Pekan Baru Jambi Batam Palembang Bengkulu Pangkalpinang B. Lampung Tangerang Lebak Cilegon Serang Bandung CitraGreen Dago CitraLand Bagya City CitraLand CitraGarden CitraLand NGK CitraRaya City CitraGrand City CitraLand Megah Citra AeroLink Citra Plaza CitraLand Botanical City CitraGarden CitraLand CitraGarden Aneka Jakarta Depok CitraDream Hotel CitraGarden BMW CitraLand CitraDream Hotel Ciputra Mall & Hotel CitraDream Hotel Pontianak Cirebon Tegal JAVA Pekalongan Jogjakarta KALIMANTAN Semarang Pandaan CitraLand Surabaya Malang CitraGarden Banjarmasin Sidoarjo C CitraSun Garden CitraGrand Mutiara CitraDream Hotel CitraSun Garden CitraGrand CitraLand BSB Balikpapan Banjarbaru Denpasar Samarinda Makassar CitraGarden CitraLand BizPark Commercial Estate Citra BukitIndah CitraCity CitraLand City CitraGrand Senyiur City CitraGarden City Palu CitraLand CitraHarmoni CitraGarden CitraIndah The Taman Dayu CitraLand Green Lake Ciputra Golf Ciputra World Ciputra Mitra Hospital CitraMitra City CitraGarden City Kendari CitraLand The Nivata CitraLand Celebes CitraGarden Vida View Apartment CitraGrand Galesong City CitraLand City Losari CitraLand Talassa City CitraLand CitraLand Ciputra Beach Resort 56 19 Townships & residential projects Commercial property projects projects in 33 cities 30

Experienced Management Team Board of Commissioners Board of Directors DR. Ir. Ciputra Chairman Dian Sumeler Rina Ciputra S. Junita Ciputra Candra Ciputra President Cakra Ciputra Budiarsa Sastrawinata Harun Hajadi Sandra Hendharto Kodradi Independent member Henk Wangitan Independent member Thomas Bambang Independent member Agussurja Widjaja MI Meiko Handojo Nanik J. Santoso Sutoto Yakobus Artadinata Djangkar Bing Sugiarto C. Tanan H. Antonius Tulus Santoso Corporate Secretary 31

Company Awards 100 Fastest Growing Company Award 2017: 2 nd Place in Property, Real Estate and Construction Sector Indonesia Top Ten Developers 2017 Indonesia Most Innovative Business Award 2017: Winner in Property and Real Estate Category Indonesia Most Admired Companies Award 2017: Winner in Property Category IAIR Award 2017: Company of the Year Indonesia Property and Real Estate Indonesia Most Admired Companies Award 2017: Top 15 Emiten Pilihan Analis dalam Program Yuk Nabung Saham 2017 Corporate Image Award 2017: The Best in Building and Managing Corporate Image Category: Housing Developer 32

Indonesia Macroeconomics ECONOMIC INDICATORS 2013 2014 2015 2016 2Q 2017 Economic growth 5.78% 5.10% 4.76% 5.02% 5.02% Inflation rate 8.38% 8.36% 3.35% 3.02% 4.37% BI rate / BI 7-day Reserve RR 7.50% 7.75% 7.50% 6.50% 4.75% Exchange rate (USD/IDR) 12,270 12,436 13,794 13,436 13,319 International reserves (in bio USD) 99.38 111.86 105.93 116.36 123.09 Source: BPS & BI IDX INDICATORS 2013 2014 2015 2016 2Q 2017 IDX composite index 4,274 5,227 4,593 5,297 5,830 Market cap (in bio IDR) 4,219,020 5,228,043 4,873,000 5,754,000 6,373,000 Source: IDX 33

Investor Relations Corporate Secretary PT. CIPUTRA DEVELOPMENT TBK Ciputra World 1 DBS Bank Tower 39 th Floor Jl. Prof. DR. Satrio Kav. 3-5 Jakarta 12940 - INDONESIA Phone : +62 21 29885858 / 6868 Fax : +62 21 29888787 Email : investor@ciputra.com Website : www.ciputradevelopment.com Disclaimer Clause: This presentation may contain forward-looking statements and assumptions that involve risks and uncertainties. Therefore, actual performance, outcomes and results may differ materially from those expressed in the statements. You are advised and cautioned not to place undue reliance on these statements, which are based on current view of management on future events. 34

@ PT Ciputra Development Tbk