Company Presentation PT Estika Tata Tiara Tbk (KIBIF) 2019, October - - PowerPoint PPT Presentation

2019, October

Company Presentation PT Estika Tata Tiara Tbk (“KIBIF”)

INDUSTRY AND BUSINESS PROSPECTS INTRODUCTION KIBIF

1 2

AGENDA

INTRODUCTION KIBIF FINANCIAL HIGHLIGHT KIBIF

2 3

INDUSTRY AND BUSINESS PROSPECTS

Industry Overview

islands islands

The 2nd longest Coastline Lines 99,000 Kilometers

Source : MLA Innovation Report

Industry Overview Meat Supply per person, 2018

Average total meat supply per person measured in kilograms per year. Note that these figures do not correct for waste at the household/consumption level so may not directly reflect the quantity of food finally consumed by a given individual.

Note: Data excludes fish and other seafood sources Source : FAOStats https://ourworldindata.org/meat-and-seafood-production-consumption#meat-production-across-the-world

Industry Overview Meat consumption: Beef and veal, Kilograms/capita, 2018

Indonesia: 2.6 Kg/capita Malaysia: 4.8 Kg/capita

Source: OECD/FAO

Project Beef Consumption Growth

FOOD & BEVERAGE INDUSTRY 35%

Non – metal Excavation Basic Metal Industry [PERCENTAGE] Metal Goods Industry; Computers, Electronic Items, Optics; and Electrical Equipment [PERCENTAGE] Machinery & Equipment Industry [PERCENTAGE] Transport Equipment Industry [PERCENTAGE] Furniture Industry [PERCENTAGE] Other Processing Industries; Machine and Equipment repair and Installation Services [PERCENTAGE]

Contribution of Food & Beverage Industry in the Non Oil & Gas GDP in 2018

Tobacco Processing Industry [PERCENTAGE] Textile and Garment Industry [PERCENTAGE] Leather Industry, Leather Goods and Footwear [PERCENTAGE] Wood Industry, Wood and Cork Products and Woven Goods from Bamboo, Rattan and

• thers

[PERCENTAGE] Paper and Paper Industry; Printing and Recording Media Reproduction [PERCENTAGE] Chemical, Pharmaceutic al and Traditional Medicine Industries [PERCENTAGE] Rubber Industry; Goods from Rubber and Plastics [PERCENTAGE] Non – metal Excavation Industry 4%

Source : BPS diolah Kemenperin

INTRODUCTION KIBIF

Management Team Seasoned practitioners in the field

Board of Directors Board of Commissioners

Gita Sapta Adi President Commissioner Indra Josepha Independent Commissioner

23 years experience in Plantation & Food Processing Industry 40 years experience in Human Resources Development

Budi Satria Adoe Commissioner

32 years experience in Feedlot & Food Processing Industry

Board of Directors

Yustinus Sadmoko President Director 23 years experience in Accounting & Financial Industry Wiryo Subagyo Director 22 years experience in BEEF & Processing Industry Agus Suhada Director 30 years experience in Financial Industry Maulana M. Joesoef Director 27 years experience in Feedlot and Food Processing Industry Frederik Wattimena Independent Director 30 years experience in Financial Industry Juanita Grace Adoe Director 12 years experience in Marketing, E-commerce & Technology Industry

Group Structure

79,76% 0,24% 20,0%

PT Estika Tata Tiara Tbk (“the Company’) Kepemilikan Publik (BEEF)

PT Tiga Tunggal Adimulya (‘TTA’) PT Tiga Tunggal Capital (‘TTC’)

• Engages in the Food Processing Business
• Distributes all products to customers

through PT Estika Tata Tiara

• Operates 3 Processing Plants at Estika’s

location PT Bina Mandiri Trasindo (“Transjet”)

99,62% 70,00%

• Cold chain logistic company
• Warehousing
• Import-export services

PT De Glow International (“DGI”)

Watch The Video

KIBIF Video Company Profile.m4v

Business Flow

History & Milestones

2001 - 2011

PT Estika Tata Tiara was established, operating in the business of beef and

2018 2014 - 2015

• Mr. Gita Sapta Adi joined KIBIF
• Acquired Cikarang plant and

cold storage

• Started manufacturing

processed food under KIBIF, BOSS, and MURATO Brands

• Certified ISO 22000-2005

(Food Safety Management System)

2017

• Acquired Subang plant:

feedlot, meatpacking and processing plant

• Started operating the

integrated beef business model

• Established Adell Brand

14

1995

KIBIF Brand was registered by the Founder, Mr. Juan Permata Adoe – the first Beef Commodity brand in Indonesia in the business of beef and cattle trading

2018

• Meatpacking capacity

3.750 Heads/month

• Further processing

production capacity 1.600 Tons/month

• Feedlot capacity

8.000 Heads of cattle

• Cold storage capacity

3.000 Tons

• Delivery capacity

(refrigerated trucks) 3.600 Tons/month

• KIBIF Brands are available

in all 5 Major Islands in Indonesia

• Obtained import permit

for Live Cattle

2012 – 2013

Collaborated with KIBIF Founder in selling KIBIF products to Supermarkets

2016

• Acquired Salatiga factory

and cold storage to manufacture frozen dough products under the KIPAO Brand

• Certified ISO 9001-2015

(Quality Management System)

2019: (Start Go Public) National Expansion & Starting the Digital Transformation 2021:

• No. 1 in Frozen Bakery Category

Dec 2023: Top 3 Frozen Food Company and ready to Challenge the Top 2

• 10 Retail Distribution Center
• Start B2B and B2C e-

commerce

• Subang Production Centre

with capacity of 2.000 mt/month (incl chicken & fish processing

• Acquisition of feedlot for

centre of partnership with small farmers

• Strengthen same day delivery

capability to smaller cities

• Double frozen bakery capacity at

Subang production Centre

• Acquisition of fish or chicken

processing to strengthen the diversification

• Enter dairy business

Road Map

2020: Bond/Sukuk Issuance

• No. 1 Retail Cold Chain Logistic Company

2022 A Strongly Diversified Frozen Food Company: Beef, Chicken, Fish Processing and Frozen Bakery

small farmers

• Set minimarkets as one of

major next growth sources

• Double the capacity of

Salatiga frozen dough and dim sum

• Total turnover IDR 1.4

trillion

• Retail Distribution Center at all major cities

in Indonesia and ready for same day delivery at those areas

• TokoKIBIF.com starts operation
• Chicken and fish processing start operation
• Feedlot capacity upgraded to 10.000 heads

Subang Plant Beef Cattle Beef Cattle

• Factory of 1.2 hectares area for Processing Food (Capacity : 2000
• Land Area: 20 ha (used land 5 ha)
• Meatpacking Production Capacity: 3750 Heads of cattle per month
• Feedlot Capacity: 8.000 Heads
• Portioning Production Capacity: 20 Tons/Day
• Other Processing Production Capacity: 2 Tons/Day
• Products: Live Cattle, Chilled & Frozen Beef, Portion Cuts, Meatballs
• On Going Contruction Factory of 1.2 hectares area for Processing Food (Capacity : 2000

tons per month) dan Cold Storage (Capacity : 3000 Tons per month)

Cikarang Plant Packing IQF Machine Cold Storage

• Land Area: 0.5 ha
• Processing Production Capacity: 20 Tons/Day
• Cold Storage Capacity: 450 Tons
• Located in industrial area and easy access to toll roads and important suppliers
• Products: Minced Beef, Delicious Meat, Sausages

Salatiga Plant Production Packing

• Land Area: 5 ha
• Processing Production Capacity: 12 Tons/Day
• Cold Storage Capacity: 200 Tons
• Products: Frozen dough, Dimsum
• On Going Contruction for Raw Material Warehouse of 1500m area

(capacity : 300 Tons)

Product Portfolio

Awards and Achievements

Halal Certification Halal Certification Halal Certification

2

Badan POM Certification

2

Badan POM Certification Badan POM Certification

5

YUM! Certification (T II)

5

YUM! Certification (T II) YUM! Certification (T II)

6

NK Certification

6

NK Certification NK Certification

Certifications :

3

ISO 22000 Certification

3

ISO 22000 Certification ISO 22000 Certification

4

ISO 9001 Certification

4

ISO 9001 Certification ISO 9001 Certification

Awards :

• The Best Fresh Supplier Award from Transmart

Carrefour

• The Best Fresh Supplier Award from Hero

Supermarket Tbk (2013)

• The Best Supplier Award from Super Indo

Supermarket (2012)

FINANCIAL HIGHLIGHT

Performance Graphic 2015 - 2018

Performance Graphic 2015 - 2018

FINANCIAL HIGHLIGHT 1H-2019

(in Bio) 2018 1H 2018 1H 2019 YOY (%)

Sales 895,93 448,06 580,03 29,5% Gross Profit 136,18 59,93 103,31 72,4% Net Income 30,83 10,31 32,75 217,7%

448,06 580,03

1H 2018 1H 2019

Sales

10,31 32,75

1H 2018 1H 2019

Net Income

217,7% 29,5%

59,93 103,31

1H 2018 1H 2019

Gross Profit

72,4%

615,0 790,1 846,5 895,9 580,0

Revenue

Revenue Target 2019 is IDR 1.2tn

448,1

2015 2016 2017 2018 1H 2018 1H2019

Net Income Target 2019 is IDR 60Bn

29,79 30,83 32,75

Net Income

13,761 15,06 14,05

2015 2016 2017 2018 1H 2018 1H2019

Thank You

Disclaimer

This material has been prepared by PT Estika Tata Tiara Tbk solely for use at the presentation. This document is strictly confidential and is intended only for the recipients. Each person receiving this document or participating in such meeting or discussions hereby agrees not to disclose, disseminate or communicate the information contained in this document in whole or in part to any person without SMU’s prior written permission. In particular, none of the information appearing in this document may be distributed to the press or other media or reproduced in any form at any time and any unauthorized use or disclosure of any information contained in this document, is prohibited. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities markets or developments referred to in this material. It should not be regarded by recipients as a substitute for the exercise of their own judgment. Any opinions expressed in this material are subject to change without notice and may differ or be contrary to opinions expressed by other business areas or groups of the Company as a result of using different assumptions and criteria. business areas or groups of the Company as a result of using different assumptions and criteria. 29