presentasi laporan perusahaan Wijaya Karya 2024

Report WIKA

1. Corporate Presentation
PT Wijaya Karya (Persero) Tbk
June 2024

2. 2
Disclaimer
This presentation may contain forward-looking objectives and statements about WIKA’s financial situation, operating results, business activities and
expansion strategy.
These objectives and statement are based on assumptions that are dependent upon significant risk and uncertainty factors that may prove to be inexact.
The information is valid only at the time of writing and WIKA does not assume any obligation to update or revise the objectives on the basis of new
information or future or other events, subject to applicable regulations.
Additional information on the factors that could have an impact on WIKA’s financial result is contained in the documents filed by the WIKA Group with the
Financial Services Authority (OJK), Indonesia Stock Exchange (IDX) and available on the WIKA Group’s website at www.wika.co.id
By attending the meeting where this presentation is made, or by reading the presentation materials,
you agree to be bound by the following limitations:
2Leader in Sustainable Investment & EPC
For Better Quality of Life

3. 3
Company Overview
TABLE OF CONTENT
04Milestone | Vision Mission | Business Portfolio | Business Line
Project Update
Toll Road | Railway | Dams | Power Plant | Industrial Plant 09
Financial Updates
New Contract & Order Book | Financial Performance 12
WIKA Transformation
ESG Ratings | Supporting the Sustainability | Green Products
15
3 3
Green Initiatives
ESG Ratings | Supporting the Sustainability | Green Products19
8 Stream of Financial Recovery Strategies

4. 401
20192020202120222023201920202021202220232019 2020 2021 2022 2023
Leader in Sustainable Investment & EPC
For Better Quality of Life
WIKA establish
based on
Government
Legislation No. 64
Perusahaan Negara
BangunanWidjajaKarja
was changed to WIKA
Establishment of
WIKA's 1st
Subsidiary; PT Wijaya
Karya Beton
IPO of WIKA on
Oct 29, 2007
WIKA Bangunan
Gedung IPO in
November
WIKA set the new vision
for 2030 which is to be
"Leader in Sustainable
Investments & EPC for
Better Qualiyof Life"
1960
1972
1977
2007
2014
75.216
117.69898.085
88.119
27.213
16.53617.810
51.45251.951
Order Book (IDR Bn)Revenue JO & Non JO (IDR Bn)
42.895
Asset (IDR Bn)
Non JOJO LiabilitiesEquity
38.983
23.372
62.11168.109
26.573
69.386
19.216
11.770
6.8368.763
16.65717.435
29.330
7.849
21.481
75.070
17.493
57.576
The Milestone
73.905
4
Issuing Corporate
Bonds and Sukuk
Mudharabah with total
amount IDR11,4 Tn
2019
Enter Restructuring phase
as part of 8 stream
Financial Recovery
Strategy
2020
2022
65.981
9.572
56.410
30.636
8.106
22.530
Restructured business segments
into four segments; Industry,
Infrastructure & Building, Energy &
Industrial Plant and Realty &
Property
2017
2023
Financial
Restructurization,
Getting PMN &
Conducting Right
Issue with total
amount 6,08T
2024

5. 5
Vision
Becoming The Trusted and
Sustainable Integrated
Infrastructure and EPC
Services Company
Vision, Mission & Shareholder Structure
•Providing integrated and sustainable EPC services and
products based on global standard Quality, Safety, Health,
and Environment principles;
•Implement a culture of learning and innovation to provide
the best solutions for stakeholders, as well as ensure a
high level of satisfaction;
•Committed to running business processes with the
highest quality standards and the best use of technology;
•Strengthening financial resilience and growth by
optimizing the use of resources to achieve sustainable
profitability;
•Implement environmental management, social
responsibility, ethical practices, transparency,
accountability, and sustainable innovation in all aspects of
the company's operations;
•Building human resources with integrity and
professionalism based on company culture. Developing
local wisdom through leadership practices to build
comprehensive welfare.
Mission
Shareholder Structure
Government91,02%
Public Local8,28%
Public Foreign0,07%
Foreign Ownership
As of June 2024
3,00%
13,80%
9,63%
6,67%7,06%
20192020202120222023
5

6. 6
Adityo
Kusumo
Director of Finance
Board Of Director
Agung Budi
Waskito
President Director
Hadjar Seti
Adji
Director of Human
Capital Management &
Transformation
Hananto Aji
Director of
Operation 1
Harum
Akhmad Zuhdi
Director of
Operation II
Sumadi
Director of Risk
Management and
Legal
Board Of Commissioner
President
Commissioner
Firdaus Ali
Commissioner
Adityawarman
Independent
Commissioner
Suryo Hapsoro
Tri Utomo
Independent
Commissioner
Harris Arthur
Hedar
Independent
Commissioner
Rusmanto
Independent
Commissioner
Jarot Widyoko
66

7. 7
72,51%99%84,17%92,30%60%69,30% 98,57%97,99%
Infrastructure Division
Building and Overseas
Operation Division
Energy & Industrial Plant
Division
WIKA GROUP STRUCTURE
•Precast
•Ready mix
•Concrete
Industry Trade
•High Rise
Building
Construction
•Property
Construction
•Real Estate
dan Property
•Hotel & Resort
•Property
Management
•Toll Road
Authority for
Serang-
Panimbang
•Water
Treatment
Plant
•Operating &
Maintenance
Power Plant
•Machine
Instalment
•Green Energy
•Steel
Fabrication
•Aluminum
Casting
•Plastic
Injection
•Electric
Vehicle
•Mining
•Natural
Asphalt
Public Company Private Company
7

8. 8
WIKA is one of the main players in compliting National Strategic Project, including 61% of
company's orderbook portfolio value
112
Ongoing Projects35
Strategic Projects
(31% from total)6
IKN Projects
*as of June 2024
•Jalan Tol KKT Kariangau - Sp.
Tempadung
•Jalan SumbuKebangsaanSisiTimur•IKN Kantor Presiden
•IKN Istana Negara
•Jaringan Perpipaan Air Limbah IKN
•EPC Tank RDMP Balikpapan
Bendungan Lau Simeme
Jalan Tol Bayung Lecir -
Tempino
Jalan Tol Serang - Panimbang
•Akses Tol Patimban 4
•Pelabuhan Patimban Paket 6
•Jalan Tol Jakarta - Cikampek
II Selatan
•Irigasi Rentang Paket LSS-07
•Sistem Pengolahan Air Minum
Jatiluhur
Pengerukan Benoa Paket 1
•Bendungan Jragung Paket II Kab.
Semarang
•Jalan Tol Semarang – Demak 1 B
•Sistem Pengolahan Air Minum
Wososukas 2 & 4
•Suplai & Gardu Induk Ampel
•Bendungan Karangnongko
•Pengisian Bahan Bakar Bandara
Kediri
•Smelter & Desalinisation Manyar
•LPG Tuban Phase II
•Bendungan Pamukkulu
•Bendungan Jenelata
•Sistem Pengolahan Air
Minum Mammiasata
Bendungan Manikin
PLTU Palu
•Jalan Tol Ancol Timur-
Pluit (Elevated)
•Jakarta Sewerage
Development (Zone 1)

9. PROJECT UPDATE
www.wika.co.id

10. 10
Tempino – Jambi Toll Road (JTTS)
Listed as one of the National Strategic Project,
The first toll road in Jambi Province
Progress as of June 2024: 73,71%
Located in Jambi
IDR 621 Billion
WIKA has built 842,02km (32%)
Out of 2.631 km built in Indonesia
Toll Road
Palu Steam Power Plant 2x50MW
One of power plant portfolio construct by WIKA,
located in Palu, Central Sulawesi.
Power Plant
Progress as of June 2024: 92,64%
Located in Central Sulawesi
IDR 2,09 Trillion
WIKA has built 14.750,9MW (20,8%)
out of 152.164MW built in Indonesia
Tiga Dihaji Dam, Package 4
The first dam in South Sumatera that will increase
irrigation area of Komering for agricultural land of
25,423 hectares.
Progress as of June 2024 : 94,49%
Located in South Sumatera
IDR 596 Billion
WIKA has built 48 dams (19,83%)
Out of 242 dams built in Indonesia
Dam
Project Update

11. 11
Istana Negara IKN & Ceremony Field
WIKA also participated in the construction of the State
Palace IKN in East Kalimantan.
Building (IKN)
Progress as of June 2024: 79,84%
Lokasi East Kalimantan
IDR 543,49 Billion
The IKN State Palace will function as a
residence, official office, and venue for
state events of the President in IKN.
Industrial Plant
Manyar Smelter Gresik
One of the WIKA PSN portfolios that functions as a
copper concentrate smelting and refining facility,
equipped with supporting facilities such as Precious
Metal Refinery (PMR).
Progress as of June 2024: 92,89%
Located East Jawa
IDR 1,08 Trillion
The PMR facility functions to process the
anode sludge from the copper
concentrate smelting process into gold
and silver.
Kariangau - Sp Tempadung IKN Toll Road
This project is part of the Balikpapan-IKN Toll
Road.
Progress as of June 2024: 88,59%
Located East Kalimantan
IDR 632,46 Billion
Access to the Central Government Core
Area which spans 7.3 kilometers.
Tol Road (IKN)
Project Update
11

12. FINANCIAL
UPDATES
www.wika.co.id

13. 13
New Contract & Order Book As Of June 2024
Energy & Industrial Plant
Infrastructure & Building
Industry
Realty & Property
29,23%
35,64%
19,66%
15,47%
Private
SOE
Government
Investment
15,89%
27,99%
0,42%
55,69%By Project Owner
Energy & Industrial Plant
Infrastructure & Building
Industry
Realty & Property
68,59%
13,06%
5,20%
13,12%
By SegmentBy Segment
New Contract IDR10.248,15 bnOrder Book IDR53.680,36 bn

14. 14Leader in Sustainable Investment & EPC
For Better Quality of Life
Financial Performance
Financial Performance Over the Years
268
358
323
285
Q1 2021Q1 2022Q1 2023Q1 2024
Gross Profit (IDR Bn)
681
471
231
-369
Q1 2021Q1 2022Q1 2023Q1 2024
EBITDA (IDR Bn)
6,84%
11,32%
7,43%8,06%
17,36%14,88%
5,31%
-10,45%
Q1 2021Q1 2022Q1 2023Q1 2024
GPM & EBITDA Margin
GPMEBITDA
1,371,721,98
4,69
Q1 2021Q1 2022Q1 2023Q1 2024
Gearing Ratio (x)

15. WIKA Transformation
www.wika.co.id

16. 16Leader in Sustainable Investment & EPC
For Better Quality of Life
Lean Organization•Strategic workforce rationalization
•Strong organizational flow (water-through-the-tap)
“Cashfocused,leanand fitfor future”
Excellence in Project Execution
A guidebook to “best practices” in
bidding
Establishment of a claims task force
SCM Management Category
Digital lighthouse (including lean)
Portfolio balancing
New age capabilities (PMC, FEED)
Strategic partnership
Subsidiaries, investment management
IT/Digitalization
Risk Management
1.Can be combined with a special asset management team2.Based on IDR 20 trillion receivables assuming 25% accelerated recovery on disputed items
•Implementation of a value-based "Business process re-engineering" strategy
•Automation of repetitive tasks/ work
•End-to-end project risk management
•Risk integration with finance team (e.g. cash flow projections, early warning)
Cash Focussed
•Establishment of “Cash lab” 1
Updating KPIs
•Debt restructuring (MRA)
•Establishment of project
acceleration war room
WIKA with AKHLAK Character
What’s our result?
WIKA Transformation
How we do?
Our focus
Who we
are?
To Strengthening WIKA Business in the Future,
WIKA is implementing Transformation Pillars

17. 17Leader in Sustainable Investment & EPC
For Better Quality of Life
8 Stream of Financial Recovery Strategies (1/2)
Reprofiling / Financial Restructuring
•Aimed at obtaining principal and/or interest payment relief to alleviate short to medium-term cash pressure.
üThe signing of the Master Restructuring Agreement (MRA) has been completed with 15 Creditors representing 100% of the debt on23 Jan and 28 Mar 2024.
üThe Principal Extension of Bonds has been approved through an Extraordinary General Meeting (RUPO) in October and February.
üAlready make the payment of Sukuk principal PUB I Phase I Series A.
Improvement of Governance and Risk Management
•Improve procedures and operating models to ensure a check and balance process in every activity
üImplementation of a four-eyes system for comprehensive business unit and risk management, covering project acquisition, cost budgets, and
construction contracts.
üEnhancement of governance with changes in turnkey project categories and thresholds, requiring approval from the Board of Commissioners.
üAdoption of modern practices, including the use of Credit Bureau for vendor selection, transition to SAP for real-time features, and refining procurement
authority, alongside other measures for efficient financial management.
Acceleration of Troubled Debt Collection
•The Special Asset Management unit was formed in 2023.
•Receivables decreased by IDR 482 billion or 17% as of December 2023 compared to December 2022, mainly due to specific reserves, especially
for international projects.
Asset Recycling
•Engaging in asset recycling or divestment of WIKA's non-core assets to obtain cash funds for the settlement of WIKA's debts.

18. 18Leader in Sustainable Investment & EPC
For Better Quality of Life
Portfolio Orderbook Improvements
•Improving the construction order book portfolio with a focus on projects featuring monthly progress payments, aiming to reduce cash
deficits and working capital needs.
Decrease in Operating Expense
•Long-term reduction in operating expenses by a minimum of 25% compared to without the initiative.
Decrease in Supplier Bailing Loan Balances
•Restructuring and/or reducing supply chain financing (SCF) loans which are short-term bailouts
•Massive conversion of SCF into working capital loans will be carried out through MRA;
•Currently Bank Mandirihas converted SCF into a KMK facility which will be restructured through MRA;
•In the future, with changes to the orderbook portfolio, the Company will optimize working capital from employers in the form of advances.
Strengthening Capital Structure
•The Company is in the middle of a Rights Issue process
•Based on Law No. 19 of 2023 on the 2024 State Budget and Presidential Regulation No. 76 of 2023, the disbursement of WIKA's State Capital
Participation (PMN) will be no later than the first quarter of the 2024 fiscal year, amounting to IDR 6.0 trillion.
•A Letter of Recommendation for the 2024 annual privatization program has been issued by the Ministry of Finance of the Republic of
Indonesia.
•The Government of the Republic of Indonesia has issued Government Regulation Number 15 of 2024 regarding the Additional Capital
Injection by the State of the Republic of Indonesia into the Share Capital of the State-Owned Enterprise PT Wijaya Karya Tbkon March 28,
2024.
•An effective statement has been obtained from the Financial Services Authority (OJK) dated March 28, 2024
•WIKA has received a the disbursement of State Capital Participation (PMN) of 6 trillion
•WIKA conducted Right Issue trading from April 22-26, 2024
8 Stream of Financial Recovery Strategies (2/2)

19. GREEN INITIATIVES
www.wika.co.id

20. 20Leader in Sustainable Investment & EPC
For Better Quality of Life
ESG Ratings done by Sustainalytics
is a clear insight into company-
level ESG risk that comprised of 20
material ESG issues framework
WIKA current risk rating is 28,2
point or in Medium Risk, the lowest
risk rating in domestic construction
industries and 44 rank in world
industry group.
ESG RATINGS

21. 21Leader in Sustainable Investment & EPC
For Better Quality of Life
Green Concrete Products by WIKA Beton
2. Zero-waste Precast Production
3. Use of waste coal in production content
1. Eco-friendly Product: Segmental absorption well
This product is useful for absorbing and storing water
including rainwater. Installation requires only human power
and can be applied in various fields
7 from 10 WIKA Beton plant
successfully innovate to make
zero waste
9.838.047 Kg
Fly Ash being used in precast
concrete production
SUPPORTING THE SUSTAINABILITY

22. 22
Thank You