2c Overview of MAP Active 3 4c 4 Our Vision To bring Sports - PowerPoint PPT Presentation

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Overview of MAP Active 3

4c 4

Our Vision To bring Sports & Healthy Living to all Indonesians To enjoy the Game of Life ! 5

MAP Active partners with CVC 6 6 6

MAP Active at a glance #1 sports retailer in Indonesia with 63% dominant market share in 2017 1 Operates 1,074 stores and 194,677sqm of selling space in 74 cities as of December 31, 2018 2 73.6% of sales generated through our 10+ proprietary multi-brand chains 150+ brands, of which 40+ are exclusive brands c.US$438m sales in 2018 3 and 23% YOY revenue growth in 2018 11.8% SSSG 4 , 16 % Adjusted EBITDA margin and 10% Adjusted net margin in 2018 PREMIUM LEISURE SPORTS VALUE Note: 1. International Sportswear-focused Sports Goods Store Retailers. Source: Euromonitor Report 2. Excludes two stores in Vietnam as of Mar 2019 3. Based on USD IDR exchange rate of 14,243, the average exchange rate in 2018 based on Bloomberg 4. 7 SSSG is the percentage change in revenue over the corresponding prior period generated by stores included in the comparison. A store is included in the prior period for all months during which it had been open for at least 12 months and is included in the corresponding portion of the second period

Our Business Indo Indone nesia's sia's #1 #1 spo sports rts reta retail il mark marketing eting po powerh werhou ouse se with with no no clos close e co compe mpetitor titor Unique Un ique multi multi-tier tier reta etail il Comp ompreh ehen ensi sive pr e prod oduc uct t str strate tegy y ca catering tering to to wide ide offering wi of ering with th the l the lar argest gest ran ange ge of of co consume nsumer r se segme gments nts portf po tfolio olio of of e exclusi lusive e br bran ands ds in in spor sports ts Unriv Un rivalled alled rea each w h with ith Sustaine Sustained op d oper erationa tional l na nationw tionwide pr ide presen esence ce exce cell llen ence ce thr throu ough gh 20+ 20+ yea ears s of of e exp xperien erience ce 8 8

Key investment highlights 9

Indonesia's #1 sports retail marketing powerhouse 1. Significant growth opportunity in highly underpenetrated Indonesia sports market 2. Indonesia's #1 sports retail marketer strategically positioned to capture the strong macro trends 3. Unique multi-tier and diversified portfolio of proprietary retail banners 4. Trusted partner of choice for over 40 exclusive international brands 5. Operational excellence across supply chain and store operations 6. Outstanding financial track record with a focus on profitable growth 7. Beneficial relationship with MAPI 8. Experienced professional management team with strong track record of execution 10

Indonesia as the perfect staging ground for MAP 1 Active’s expansion Indonesia – 4 th largest in the world, largest in … with growth supported by strong … and a young population domestic demand… Southeast Asia 3x 3x 4x 8x 47x 9.5% Indonesia’s relative 9.1% 264 2012 - 2018 Nominal GDP CAGR 8.7% 43 size (2017) 39 2018 median age (years) 2017 Population (m) 6.7% 32 29 29 5.0% 25 4.6% 105 96 66 32 6 PH ID MY VN TH SG ID PH VN TH MY SG ID VN PH MY SG TH Note: 2012 – 2017 CAGR used for Vietnam and Thailand … along with sports goods stores retail Sportswear retail sales is still significantly underpenetrated… selling space 98.7 selling space per '000 people (sqm) 11.5 2017 Sports goods stores retail 2017 Sportswear retail value 10.1 sales (US$ per capita) Upside Upside 34.4 3.9 24.3 2.7 21.6 1.7 1.3 0.9 4.6 3.4 3.3 SG CH MY TH PH ID VN SG MY CH TH PH ID VN Source: Euromonitor Report 11