PROVIDING TRANSPORTATION SERVICE THROUGH MOBILE APP.

PROVIDING TRANSPORTATION SERVICE THROUGH MOBILE APP.

SMARTRIDE AIM TO CATER & SATISFY INDONESIA S USER NEEDS SMARTRIDE IN BRIEF SmartRide is a car rental mobile application which connect users with private drivers using smartphones. It is is developed, marketed and managed by PT. Smarak Transportasi Indonesia. We aim users trip experience to be hassle free and comfortable. Our application features are created to meet and satisfy Indonesian passengers need. SmartRide fares are competitive vs taxi or traditional rental cars

WORRY ABOUT THESE EXPERIENCES? TRADITIONAL TAXI/CAR RENTAL SERVICES ARE A HASSLE & WILL BE A THING OF A PAST Hail taxi from the street at night? or on a rainy day? You call taxi dispatch to order a taxi and later call them again to find out its where about? You have to queue at airports or malls to get a taxi? You forgot your wallet or did not carry enough cash to pay for the trip? Taxi driver take you around the block multiple times looking for an address in unknown area? Spend time on internet searching for rental companies contact number to make booking? You have to transfer money to car rental companies you found on internet for booking a car? You fill up full tank gas on rent car and after the trip it only drop half a tank and you can t get a refund?

Ease your long term car rent commitment cash flow burden? Need real time & consolidated reports for corporate taxi users? YOU HAVE VARIOUS NEEDS FOR EFFICIENCY CURRENT CORPORATE TRANSPORTATION NEEDS CAN NOT BE FULFILLED Streamline your organization and no room to hire drivers? Streamline your transportation expenses? Minimize taxi vouchers misuse?

USE SMARTRIDE SO YOU CAN RELAX & ENJOY THE TRIP SMARTRIDE IS YOUR SOLUTION... You can order your private driver at the comfort of your own house or office with few clicks. You have following information at hands before booking your car: Trip fares estimates for selected car type Distance and time estimates to destination Making and color of car you select We have various features that offer flexibility to satisfy your needs: Availability of several vehicle class type Reservation feature Select rent type by trip or by time Pay fares by cash or credit card Trip's receipt sent to your email. You can immediately reach your emergency contact number in a single click should the need arise. We provide web access for corporate users to access real time data & transportation expenses report.

WE OFFER SEVERAL CAR CLASSES WITH COMPETITIVE FARES... SMARTRIDE FARES - BY TRIP ECONOMY STANDARD PREMIUM LUXURY Minimum Rent Charges Rp20,000 Rp22,500 Rp40,000 Rp45,000 Free Km 5 5 5 5 Fuel Charges/Km Rp3,000 Rp3,250 Rp5,500 Rp7,000 Waiting Time Charges/Mins *) Rp600 Rp700 Rp1,200 Rp1,400 Rent Overtime Charges/Mins Rp500 Rp562.5 Rp1,000 Rp1,125 SMARTRIDE OFFERS MORE COMPETITIVE FARES ON EACH CAR CLASSES TAXI FARES REGULAR E CLASS ALPHARD Minimum Charges (Flagfall) Rp6,500 Rp16,000 Rp17,000 Free Km - - - Charges/Km Rp3,500 Rp8,000 Rp9,000 Waiting Time Charges/Min Rp700 Rp1,500 Rp1,667 Congestion Charges/Mins *) Rp700 Rp1,400 Rp1,500

SAVE MONEY EVERYTIME YOU RIDE WITH US... MONTHLY VEHICLE OPERATIONAL COSTS Gasoline Rp7,050 Rp564,000 Maintenance Allocation Rp240,000 Rp240,000 Parking Rp4,000 Rp640,000 Driver: Salary/13 mos/bonus/overtime/meals Rp4,658,333 Rp4,658,333 Insurance (All Risks) 3.5% Rp583,333 Tax 2.5% Rp416,667 Taxi or SmartRide Charges/Mo Rp0 Rp3,209,333 Rp2,706,667 Sub Total Rp7,102,333 Rp3,209,333 Rp2,706,667 MONTHLY COST OF VEHICLE OWNERSHIP (PRO-RATE) Opportunity Cost for Vehicle Down Payment (p.a.) 6% Rp300,000 Leasing Interests (flat p.a.) 11% Rp1,283,333 Vehicle Depreciation (% p.a.) 10% Rp1,666,667 Sub Total Rp3,250,000 Rp0 Rp0 TOTAL Rp10,352,333 Rp3,209,333 Rp2,706,667 COST COMPARISON: PER MONTH Rp10,352,333 Rp3,209,333 Rp2,706,667 PER DAY Rp517,617 Rp160,467 Rp135,333 PER YEAR (240 DAYS) Rp124,228,000 Rp38,512,000 Rp32,480,000 SMARTRIDE IS A BETTER & CHEAPER ALTERNATIVE THAN OWNING A CAR OR RIDE A TAXI HONDA MOBILIO MONTHLY COST COMPARISON: OWN VS TAXI VS SMARTRIDE DETAILS OWN TAXI SMARTRIDE ASSUMPTIONS Daily distance covered 40 40 40 40 Average distance/liter gasoline 10 Vehicle Price(Honda Mobilio 2016) Rp200,000,000 Vehicle Down Payment 30% Number of Days Transportation Needed/Mo 20 Taxi/Rental Charges per Km Rp3,500 Rp3,000 Taxi Flag Fall Rp6,500 Minimum Charges SmartRide (Free 5 Km) Rp20,000 Waiting Time (Congestion) Charges/Hr Rp42,000 Rp30,000

PARTNERSHIP OPTIONS: PACKAGE 1: RP.220 MIO, PACKAGE 2: RP.330 MIO & PACKAGE 3: RP.550 MIO FINANCIAL RETURN: IRR 22.9%, 3 YEARS PAYBACK PERIOD MONTHLY PROFIT PAYOUT: PACKAGE 1 - RP.1.50 MIO, PACKAGE 2 - RP.2.25 MIO, PACKAGE 3 RP.3.75 MIO PARTNERSHIP OFFERING MONTHLY PAYOUTS OF PRINCIPAL & PROFIT FOR 48 MONTHS: PACKAGE 1 - RP.6.08 MIO, PACKAGE 2 - RP.9.12 MIO, PACKAGE 3 RP.15.21 MIO SECURED BY VEHICLE TITLE (BPKB) UNDER CUSTODY OF APPOINTED NOTARY PACKAGE 1: HONDA MOBILIO, PACKAGE 2: TOYOTA INNOVA, PACKAGE 3: HYUNDAI H1 MANAGEABLE RISKS IN PROMISING DIGITAL APPLICATION BUSINESS ERA Partnership Brief Terms & Conditions:

SATISFYING RETURN ASSUMPTIONS VEHICLE PACKAGE % Package 1 Package 2 Package 3 Honda Mobilio Toyota Innova Hyundai H1 Vehicle Price (OTR) IDR 200,000 IDR 300,000 IDR 500,000 Insurance, Pool, KIR, EDC/FMV unit 10.0% IDR 20,000 IDR 30,000 IDR 50,000 Total IDR 220,000 IDR 330,000 IDR 550,000 Partnership Package Selected 1 Amount IDR 220,000 Partnership Period 48 Months CASHFLOW YEAR 1 YEAR 2 YEAR 3 YEAR 4 TOTAL CASH INFLOW Payout IDR 73,000 IDR 73,000 IDR 73,000 IDR 73,000 IDR 292,000 Sub Total IDR 73,000 IDR 73,000 IDR 73,000 IDR 73,000 IDR 292,000 CASH OUTFLOW Placement IDR 220,000 IDR 220,000 Sub Total IDR 220,000 IDR 0 IDR 0 IDR 0 IDR 220,000 NET CASHFLOW -IDR 147,000 IDR 73,000 IDR 73,000 IDR 73,000 IDR 72,000 CUMULATIVE NET CASHFLOW -IDR 147,000 -IDR 74,000 -IDR 1,000 IDR 72,000 IDR 72,000 RETURN AVERAGE MONTHLY PAYOUT IDR 6,083 TOTAL PROFIT IDR 72,000 NET PROFIT/MONTH IDR 1,500 NPV IDR 45,406 IRR 22.9% PAYBACK PERIOD (IN YEARS) 3.0 Years

PAYOUT TABLE PACKAGE 1 PARTNERSHIP PACKAGE IDR 220,000 PERIODS (MONTHS) 48 AVERAGE MONTHLY PAYOUT IDR 6,083 PAY OUT PAY OUT MO. PRINCIPAL PRINCIPAL PROFIT BALANCE MO. PRINCIPAL PRINCIPAL PROFIT BALANCE 1 IDR 220,000 IDR 4,583 IDR 1,500 IDR 215,417 25 IDR 110,000 IDR 4,583 IDR 1,500 IDR 105,417 2 IDR 215,417 IDR 4,583 IDR 1,500 IDR 210,833 26 IDR 105,417 IDR 4,583 IDR 1,500 IDR 100,833 3 IDR 210,833 IDR 4,583 IDR 1,500 IDR 206,250 27 IDR 100,833 IDR 4,583 IDR 1,500 IDR 96,250 4 IDR 206,250 IDR 4,583 IDR 1,500 IDR 201,667 28 IDR 96,250 IDR 4,583 IDR 1,500 IDR 91,667 5 IDR 201,667 IDR 4,583 IDR 1,500 IDR 197,083 29 IDR 91,667 IDR 4,583 IDR 1,500 IDR 87,083 6 IDR 197,083 IDR 4,583 IDR 1,500 IDR 192,500 30 IDR 87,083 IDR 4,583 IDR 1,500 IDR 82,500 7 IDR 192,500 IDR 4,583 IDR 1,500 IDR 187,917 31 IDR 82,500 IDR 4,583 IDR 1,500 IDR 77,917 8 IDR 187,917 IDR 4,583 IDR 1,500 IDR 183,333 32 IDR 77,917 IDR 4,583 IDR 1,500 IDR 73,333 9 IDR 183,333 IDR 4,583 IDR 1,500 IDR 178,750 33 IDR 73,333 IDR 4,583 IDR 1,500 IDR 68,750 10 IDR 178,750 IDR 4,583 IDR 1,500 IDR 174,167 34 IDR 68,750 IDR 4,583 IDR 1,500 IDR 64,167 11 IDR 174,167 IDR 4,583 IDR 1,500 IDR 169,583 35 IDR 64,167 IDR 4,583 IDR 1,500 IDR 59,583 12 IDR 169,583 IDR 4,583 IDR 1,500 IDR 165,000 36 IDR 59,583 IDR 4,583 IDR 1,500 IDR 55,000 PAY OUT PAY OUT MO. PRINCIPAL PRINCIPAL PROFIT BALANCE MO. PRINCIPAL PRINCIPAL PROFIT BALANCE 13 IDR 165,000 IDR 4,583 IDR 1,500 IDR 160,417 37 IDR 55,000 IDR 4,583 IDR 1,500 IDR 50,417 14 IDR 160,417 IDR 4,583 IDR 1,500 IDR 155,833 38 IDR 50,417 IDR 4,583 IDR 1,500 IDR 45,833 15 IDR 155,833 IDR 4,583 IDR 1,500 IDR 151,250 39 IDR 45,833 IDR 4,583 IDR 1,500 IDR 41,250 16 IDR 151,250 IDR 4,583 IDR 1,500 IDR 146,667 40 IDR 41,250 IDR 4,583 IDR 1,500 IDR 36,667 17 IDR 146,667 IDR 4,583 IDR 1,500 IDR 142,083 41 IDR 36,667 IDR 4,583 IDR 1,500 IDR 32,083 18 IDR 142,083 IDR 4,583 IDR 1,500 IDR 137,500 42 IDR 32,083 IDR 4,583 IDR 1,500 IDR 27,500 19 IDR 137,500 IDR 4,583 IDR 1,500 IDR 132,917 43 IDR 27,500 IDR 4,583 IDR 1,500 IDR 22,917 20 IDR 132,917 IDR 4,583 IDR 1,500 IDR 128,333 44 IDR 22,917 IDR 4,583 IDR 1,500 IDR 18,333 21 IDR 128,333 IDR 4,583 IDR 1,500 IDR 123,750 45 IDR 18,333 IDR 4,583 IDR 1,500 IDR 13,750 22 IDR 123,750 IDR 4,583 IDR 1,500 IDR 119,167 46 IDR 13,750 IDR 4,583 IDR 1,500 IDR 9,167 23 IDR 119,167 IDR 4,583 IDR 1,500 IDR 114,583 47 IDR 9,167 IDR 4,583 IDR 1,500 IDR 4,583 24 IDR 114,583 IDR 4,583 IDR 1,500 IDR 110,000 48 IDR 4,583 IDR 4,583 IDR 1,500 IDR 0