PT Bank Central Asia Tbk Third Quarter 2023 Results BCA Recorded Strong Loan Growth across All Segments, Contributing to the National Economy

Jakarta, 19 October 2023 – PT Bank Central Asia Tbk (IDX: BBCA) and its subsidiaries posted a 12.3% year- on-year (YoY) increase in total loans as of September 2023. Net profit grew by 25.8% YoY, reaching Rp36.4 trillion in the first nine months of 2023. This growth was underpinned by rising loan volume across all segments, continued improvement in loan quality, as well as higher transaction volume and stronger funding.

“Loan growth was partly driven by ‘BCA Expo 2023’ held in the third quarter, following the successful BCA Expoversary 2023 in February. We saw strong consumer loan demand in the two events, generating a total application of Rp46 trillion in mortgages and vehicle loans, marking an increase of more than 50% compared to 2022. In other BCA events, we are delighted to report that ‘BCA UMKM Fest 2023’ successfully engaged ~ 1,400 MSME and ‘BCA Wealth Summit 2023’ recorded more than 900,000 visitors in just two weeks,” stated Jahja Setiaatmadja, President Director of PT Bank Central Asia Tbk.

As of September 2023, BCA's loans grew by double digits across segments. SME booked highest credit growth, up 16.4% YoY reaching Rp104.8 trillion. Corporate loans grew by 12.2% YoY to Rp343.5 trillion and commercial loans increased by 6.5% YoY to Rp121.0 trillion. On consumer segment, mortgages grew by 11.5% YoY to Rp117.9 trillion and vehicle loans increased by 22.1% YoY to Rp53.5 trillion. Credit card and individual loans outstanding grew by 15.3% YoY to Rp15.0 trillion, resulting in a 14.4% YoY increase in the total consumer portfolio to Rp189.6 trillion. Overall, BCA's total loans rose by 12.3% YoY to Rp766.1 trillion. Regarding sustainable financing, BCA’s portfolio grew by 11.9% YoY to Rp193.2 trillion, or accounted for 25.0% of total loans.

“BCA is committed to consistently reducing carbon emissions in Indonesia. During the launch of the Indonesia Carbon Exchange, BCA purchased 71,500 tons of CO2 carbon units. Up to September 2023, BCA has disbursed sustainability-linked loans amounting to Rp319 billion, reaffirming our commitment to support debtors in implementing sustainable business practices. We are grateful that BCA's dedication in promoting environmental, social, and governance (ESG) principles has been acknowledged by various stakeholders. An example of the recognition was exemplified by Wisma BCA Foresta, representing Indonesia at the Asean Energy Awards 2023 and securing the first place in the Energy Efficient Building category,” said Jahja Setiaatmadja.

As the businesses of our debtors continue to recover, the Bank’s restructured loans gradually return to normal payment. Loan at Risk (LAR) ratio improved to 7.6% in the first nine months of 2023, down from 11.7% in the previous year. Non-Performing Loan (NPL) ratio decreased to 2.0% in September 2023, compared to 2.2% in the previous year. NPL and LAR coverage was at solid levels of 226.9% and 66.6%, respectively.

On the funding side, CASA increased 4.7% YoY, reaching Rp869.8 trillion as of September 2023, contributing to approximately 80% of the Bank’s total third party funds. Total third-party funds grew by 6.2% YoY to Rp1,089 trillion, increasing BCA's total assets by 7.2% YoY to Rp1,381 trillion. The Bank’s solid CASA franchise is

underpinned by sustainable growth in transaction banking and rising customer base. BCA recorded a noteworthy surge in total transaction volume, marking a 26.8% YoY increase to 22 billion transactions. Mobile banking channel registered the highest growth at 43.4% YoY. Number of customer accounts reached 38.8 million, up 17.1% YoY.

“Our next gen integrated service app, myBCA, introduces ‘BCA Paylater’, a credit facility for payment alternative

– embedded in ‘BCA QRIS’. The introduction of ‘BCA Paylater’ exemplifies our efforts to expand ‘myBCA’ ecosystem. Prior to this, we have rolled out various features such as wealth management apps (WELMA) integration into myBCA, biometric login, cardless, top-up services, and more. On WELMA, we launched mutual fund offer starting from Rp10,000, FR Bonds from Rp1,000,000 and INDON/INDOIS from US$1,000, along with wealth insight tabs for investment education,” added Jahja Setiaatmadja.

BCA posted a positive growth in Net Interest Income for the first nine months of 2023, up 21.3% YoY to Rp55.9 trillion. Non-interest income grew 9.7% YoY to Rp18.3 trillion, supported by a 7.7% YoY increase in fee and commission income. In total, operating income was recorded at Rp74.2 trillion, up 18.2% YoY. Along with asset quality improvement, provision costs fell by Rp1.6 trillion compared to last year. All in all, BCA’s net profit rose 25.8% YoY to Rp36.4 trillion.

To promote the development of MSME and to support access to export market, Bakti BCA facilitated training on export & trade for 60 selected MSMEs in Semarang and Yogyakarta. The training was conducted in collaboration with the Ministry of Trade, involving MSME participants from the tourism villages supported by BCA, namely Doesoen Kopi Sirap and Kampung Batik Gemah Sumilir. Bakti BCA also supported free halal certification for 1,000 MSMEs. Further, Bakti BCA carried out a series of programs aiming for creating positive impacts to local community and environment in Banyuwangi. The programs covered stunting prevention education for teenagers, health check-up and distribution of free nutritious meals to over 200 toddlers, release of 50 turtle hatchlings and planting of 100 sea pandan plants. Bakti BCA collaborates with Plasticpay to collect plastic bottles through recycling machines at ‘BCA Expo 2023’ promoting circular economic model to the public. In just three days, the initiative successfully collected nearly 7,000 plastic bottles for recycling into eco-friendly fiber.

BCA’s Loans Grew Strong across All Segments – President Director of BCA Jahja Setiaatmadja (on the center) along with Director of BCA Subur Tan (second right), Director of BCA Rudy Susanto (second left), Director of BCA Santoso (far right), Director of BCA Vera Eve Lim (third left), and Director of BCA John Kosasih (far left), attended the Bank Central Asia Tbk (BCA) Third Quarter Analyst Meeting 2023. During this period, BCA and its subsidiary entities once again posted robust performance growth, with total loans increasing by 12.3% annually (YoY) to reach Rp766.1 trillion as of September 2023. In line with the increase

in loan volume, BCA and its subsidiary entities' net profit grew by 25.8% YoY, reaching Rp36.4 trillion in the first nine months of 2023.

BCA Supports Reduction of Carbon Emissions - Corporate Secretary of BCA Raymon Yonarto (left), EVP Corporate Communication and Social Responsibility of BCA Hera F. Haryn (center), and SVP Investor Relations of BCA Rudy Budiardjo (right), during the BCA Third Quarter Analyst Meeting 2023. BCA's commitment to supporting carbon emissions reduction efforts in Indonesia was realized through the purchase of 71,500 tons of CO2 carbon units on the day of the launch of the Indonesian Carbon Exchange. Additionally, BCA also provided sustainability-linked loans totaling Rp319 billion as of September 2023. The ESG (Environmental, Social, and Governance) values consistently practiced by BCA have received several recognitions, one of which is Wisma BCA Foresta, which secured the first prize in the Energy Efficient Building category at the ASEAN Energy Awards 2023.