External broker reports(aggregated public sources), MNC Sekuritas

MNC Sekuritas

MNC Sekuritas, the first wholly-owned subsidiary established by the Group back in 1989, provides a complete range of services, from equity, fixed income, investment banking to providing research to optimize clients’ investments. Thus far, the company has more than 140 points of sales with over 100,000 clients. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Thematic (Sector/Industry)

Indonesia Consumer discretionary / Thematic (Sector/Industry)

<ul><li>Searching for Momentum: Will GIIAS Shift the Gears?Key Takeaways:4W market remained under pressure in May-25, recording wholesale sales of 60,613 units, down 15</li><li>1% YoY (vs 71,391 units in May-24), despite an 18</li><li>4% MoM increase due to the low base following the Eid al-Fitr holiday</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Searching for Momentum: Will GIIAS Shift the Gears?Key Takeaways:4W market remained under pressure in May-25, recording wholesale sales of 60,613 units, down 151% YoY (vs 71,391 units in May-24), despite an 184% MoM increase due to the low base following the Eid al-Fitr holidayContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Jakarta Stock Exchange Composite Index (JCI INDEX)

Automotive Sectoral Update June 19, 2025