Emtek Subsidiary Increases Stake in Superbank Through Strategic Investment

Significant Share Purchase

PT Elang Media Visitama, a subsidiary of PT Elang Mahkota Teknologi Tbk (EMTK), has acquired 28.32 million shares in PT Super Bank Indonesia Tbk (SUPA), also known as Superbank, for Rp25.76 billion ¹

Positive Financial Performance

This investment follows Superbank's positive financial results, with the bank reporting a pre-tax profit of Rp122.4 billion as of November 2025. This performance marks a significant improvement from the same period in 2024 when the bank recorded a loss of Rp388.43 billion. The positive financial performance is attributed to several key factors, including a 165% year-on-year growth in net interest income to Rp1.4 trillion, driven by sustained intermediation growth ¹

Business Growth Highlights

Superbank's financial success is reflected in several key business metrics:

• Total assets grew by 69% YoY to Rp18.0 trillion by the end of November 2025
• Credit disbursement reached Rp9.3 trillion, a 58% increase from Rp5.89 trillion in November 2024
• Third-party funds (DPK) surged 149% YoY to Rp11.0 trillion from Rp4.42 trillion in the same period last year

Strategic Implications

Superbank's President Director, Tigor M. Siahaan, attributed the positive performance to the bank's growing customer base, increased transaction activity, and sustainable financial performance, indicating a maturing business model. The bank remains focused on developing digital banking services that meet everyday needs while maintaining prudent operations and a strong foundation for long-term growth ¹

Market Context

The increased stake by Emtek's subsidiary demonstrates confidence in Superbank's growth trajectory and digital banking capabilities. This strategic investment aligns with Emtek's interest in the financial technology sector and Superbank's position as a digital banking player in Indonesia.