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Second Party Opinion: PT Bank Mandiri (Persero) Tbk. Sustainable Finance Framework

S&P Global Ratings assesses PT Bank Mandiri (Persero) Tbk. Sustainable Finance Framework as aligned with: Social Bond Principles, ICMA, 2023; Social Loan Principles, LMA/LSTA/APLMA, 2023; Green Bond Principles, ICMA, 2021 (with June 2022 Appendix 1); Green Loan Principles, LMA/LSTA/APLMA, 2023; Sustainability Bond Guidelines, ICMA, 2021. Bank Mandiri is one of the largest domestic banks, with operations in all provinces in Indonesia.

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