Constantly Pushing for the Use of Electric Vehicles, Volta, a Subsidiary of PT NFC Indonesia Tbk, MCAS Group, Attended the KBLBB Exhibition at the Height of the G20 Summit

Constantly Pushing for the Use of Electric Vehicles, Volta, a Subsidiary of PT NFC Indonesia Tbk, MCAS Group, Attended the KBLBB Exhibition at the Height of the G20 Summit zonaebt.com
Ilustrasi Volta booth in KBLBB Exhibition at G20 Summit, displaying Mandala new color series, Volta

Bali, 11 November 2022 – Volta, a subsidiary of PT NFC Indonesia Tbk (IDX: NFCX), a group member of
PT M Cash Integrasi Tbk (IDX: MCAS), participated at the Battery-Based Electric Motor Vehicle (KBLBB)
exhibition, which is part of the G20 Summit series. Volta was present at the KBLBB exhibition, which
the Ministry of Transportation organized, aiming to educate and encourage the use of
environmentally friendly vehicles to the community and to support the G20 Summit.

By participating in this exhibition, Volta, one of the electric vehicle manufacturers, supported the
priority issue raised at the G20 Summit, which is the sustainable energy transition. Prior to this event,
Volta also showed real and consistent steps for this transition by partnering with the Indonesia
Tourism Development Corporation (ITDC) to lease electric motors in the Nusa Dua Tourism Area. Volta
also carried out plans and studies to push forward the electric vehicle ecosystem, provided the Volta
Plus+ program as a more affordable electric motor ownership program, and actively synergized with
various parties to extend access to electric vehicles for people throughout Indonesia.

Located at the Bali Collection on November 11-16, 2022, Volta participated at the KBLBB KTT G20
exhibition by displaying a variety of electric motorcycles as environmentally-friendly transportation
alternatives. Volta showcased the popular Volta 401 series, new colors from the Mandala series, and
the Battery Replacement System as part of the Volta infrastructure. Volta also allowed free test rides
for exhibition visitors.

In his remarks at the opening of the KBLBB exhibition, the Minister of Cooperatives and SMEs, Teten
Masduki said, “Another experience that we can get in this activity is electric vehicles to support the
global transition to renewable energy, while promoting and socializing sustainable future programs,
and future mobility. These are the collaborative efforts with the Ministry of Transportation.”

Iwan Suryaputra, Chief Executive Officer of Volta, said, “We are proud to participate in the KBLBB
exhibition at the G20 Summit. Through this exhibition, Volta displays a range of electric vehicles with
leading technology that is environmentally friendly. We expect Volta’s presence to encourage the use
of electric vehicles, which will support the transition to renewable energy so that we may create a
cleaner and brighter future for Indonesia.”

Jahja Suryandy, Managing Director of PT M Cash Integrasi Tbk, added, “We welcome every
opportunity for electric vehicles socialization and education as today. This opportunity is part of the
G20 summit series, which involves not only Indonesia but also other member countries. This is
certainly momentum for Indonesia to show its readiness towards the era of clean energy. Therefore,
MCAS Group, which has committed to the clean energy segment, continues to provide support to our
Volta booth in KBLBB Exhibition at G20 Summit, displaying Mandala new color series (11/11)

subsidiary, Volta, to produce various innovative products with the latest technologies to encourage
the acceleration of society’s transition from fossil fuel vehicles to electric vehicles.”

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