#1ABM empoweringenergy Investor Presentation May 2022 Copyright 2022 ABM Investama. All Rights Reserved.#2ABM empoweringergy Disclaimer This presentation has been prepared by PT ABM Investama Tbk ("ABMM" or the "Company") solely for general information. By attending the meeting where the presentation is made, or by reading the presentation slides, you acknowledge and agree to the limitations and notifications as stated herein. This presentation is for informational purposes only and does not constitute and should not be construed as, an offer to sell or issue, or invitation to purchase or subscribe for or the solicitation of an offer to buy, acquire or subscribe for, any securities of the Company or any of its subsidiaries, joint ventures or affiliates in any jurisdiction or an inducement to enter into investment activity. We disclaim any responsibility or liability whatsoever arising which may be brought or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this report and neither PT ABM Investama Tbk and/or its affiliated companies and/or their respective Management Boards and employees accepts liability for any errors, omissions, negligent or otherwise, in this presentation and any inaccuracy here in or omission here from which might otherwise arise. You will be solely responsible for your own assessment of the market and the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the Company's business. 2#3ABM empoweringergy Table of Contents 1. Covid-19 Dispatch 2. Industry Updates 3. Company Overview 4. Operational Performance 5. Financial Performance 6. 2022 Strategy 4 7 10 14 20 26 3#4ABM empoweringenergy COVID-19 DISPATCH#5ABM empowering energy Covid-19 Dispatch Our top priority is "Protect the People". We took swift and responsive action to preserve the health and safety of our employee, our operations, and nearby local communities through some programs, namely: Formed a special task force team to manage countermeasures and prevention of Covid-19 Daily monitoring and providing screening test, medicines, medical devices and full treatment for employees and family members affected Covid-19 Employees required to undergo PCR tests for Covid-19 and centralized isolation before commencing operations Chartered planes for mine employees to reduce exposure Restricting social gatherings among employees to prevent spread of Covid-19 Conduct vaccination program (until booster) for all employees Full WFH policy in headquarters This rapid response, including our safety protocols and controls recorded 99.31% Covid-19 recovery rate as of December 31, 2021. 5#6ABM empowering energy Investing in People Development and Technology During Covid-19 It's been more than 2 years of the Covid-19 pandemic, but we are still committed to improving the skills of our employee through training programs. Then, all employees receiving regular career development and performance reviews. In addition, technology is also an important aspect, we developed some dashboards/platform. People Development Winning culture program MVC leadership acceleration program Project Manager (PM) development & optimizing program Supervisory Strengthening the Core Operator and technician development program Technology Mining fuel monitoring dashboard Mining R&M monitoring dashboard Mining fleet management system Integrated transshipment collaboration platform - Baruna 4.0 Digitalization When business back to normal, our people and technology will be ready 6#7ABM empoweringenergy INDUSTRY UPDATES#8ABM empoweringmergy Industry Update - Russia Invasion of Ukraine CANADA 2 EUROPE UNITED STATES 2. The easiest energy source to replace gas supply is coal because it doesn't require expensive facilities. Potential countries to supply coal to Europe, replacing Russia, are Colombia, South Afrika and United States COLOMBIA 2 2 BRAZIL Source: map: https://www.vectorstock.com/royalty-free-vector/grey-political-world-map-with-country-borders-vector-13006010 with modification AFRICA MOCRATE WF THE CONCE SOUTH AFRICA RENIE 1 KAZAKHSTAN RUSSIA INDIA CHINA JAPAN SOUTHEAST ASIA LAYSIA INDONESIA AUSTRALIA 1. As impact of Russia invasion of Ukraine, Europe will gradually reducing its gas and coal supply from Russia. Europe will cut all supply from Russia by August 2022 8#9ABM empoweringenergy (US$/Mt) 450.00 400.00 350.00 300.00 250.00 200.00 150.00 100.00 50.00 03/01/2020 03/02/2020 03/03/2020 03/04/2020 03/05/2020 03/06/2020 Coal Price Fluctuations: Commodity Supercycle 47.53 2020 2021 03/12/2020 03/01/2021 03/02/2021 03/03/2021 03/07/2020 03/08/2020 03/09/2020 03/10/2020 03/11/2020 Global Coal Newcastle 6322 GAR 03/05/2021 03/04/2021 03/06/2021 ICI Index 4200 GAR 03/07/2021 03/08/2021 03/09/2021 03/10/2021 03/11/2021 03/12/2021 03/01/2022 03/02/2022 03/03/2022 03/04/2022 03/05/2022 ICI Index 3400 GAR 427.50 Average coal prices (US$/Mt) Global NEWC 6322 ICI 4200 ICI 3400 GAR GAR GAR 2020 60.33 29.40 19.57 2021 138.69 66.59 38.11 2022 282.21 85.49 54.78 (until 6 May) • Oil and gas prices are soaring, while coal price is reaching record highs worldwide since Russia's invasion of Ukraine • After EU proposes gradual ban on Russian coal, Japan also plans to gradually reduce coal imports from Russia • EU ban on Russian coal will benefit Indonesia's coal industry 9#10ABM empoweringenergy COMPANY OVERVIEW#11ABM empoweringmergy Corporate Structure 100% PT Tiara Marga Trakindo ("TMT") Grup reswara 100% 53.6% 100% PT Tunas Inti Abadi CK Cipta Kridatama 100% ("TIA") 100% PT Mifa Bersaudara 50% ("MIFA") PT Media Djaya Bersama ("MDB") PT Agata Nugraha Nastari ("ANN") 100% 100% PT Bara Energi Lestari ("BEL") Hamami Family 100% Valle Verde Pte Ltd 100% CK INTEGRATED LOGISTICS SERVICES 25.5% ABM 100% PT Alfa Trans Raya ("ATR") 100% PT Baruna Dirga Dharma ("BDD") 100 % PT Pelabuhan Buana Reja ("PBR") 100 % PT Dianta Daya Embara ("DDE") empoweringenergy 100 % 100% SANGGAR SARANA BAJA PARAMA ENERGI Public 20.9% 100% AJN ANTARA JANITRA NUSANTARA 99% PT Andara Candria Energi 99% PT Nagata Dinamika 11#12ABM empoweringmergy ABM Resources and Capabilities ACEH SUMATERA UTARA SUMATERA BARAT RIAU BENGKULU JAMBI SUMATERA SELATAN BANTEN KEPULAUAN RIAU DKI JAKARTA KALIMANTAN BARAT JAWA TENGAH RESWARA CK CKB SSB PWP reswara Reswara Mining Concession Sites 3 IUPS 2 Provinces ☑ Cipta Kridatama KALIMANTAN TENGAH KALIMANTAN TIMUR KALIMANTAN SELATAN SULAWESI SELATAN BALI NTB JAWA TIMUR CKVB INTEGRATED LOGISTICS SERVICES CK Contract Mining Project Sites CKB Logistics Integrated Logistic Offices 9 Sites 5 Provinces 41 Locations 21 Provinces SULAWESI UTARA SOROWAKO MALUKU SANGGAR SARANA BAJA 8,377 employees 21 Provinces (> 60% of the total) PARAMA ENERGI SSB Engineering Services Workshop 13 Sites 11 Provinces PWP Fuel Distribution Location 19 Locations 8 Provinces PAPUA 12#13ABM empoweringenergy One-stop End-to-End Integrated Mining Solutions Coal Mining Producer TIA-The Compliant Coal mifa bersaudara Bara Energi Lestari Overburden and Coal Getting Logistics & Transport Solutions CK ABM empoweringenergy Mining Contractor CK Cipta Kridatama 2 Coal Hauling 3 Crushing and Washing Process Fuel Solutions PARAMA ENERGI Engineering & Fabrication Solutions SANGGAR SARANA BAJA Industrial Shipping Solutions Coal Transshipment Process Stevedoring Services Coal Logistics Solutions dde Coal Loading Terminal Port Management Solutions 5 Loading Coal to Barge Pelabuhan Buana Reja BARUNA coa/logistics Coal Trading reswara 13#14ABM empoweringenergy OPERATIONAL PERFORMANCE#15ABM empowering energy Open Cut Mining - Reswara reswara Overview • Established in 2010, Reswara is the holding company of ABM's open cut mining operations • Currently, ABM has 3 IUPS located in South Kalimantan (TIA) and Aceh (Mifa and BEL) • TIA coal calorie is in the range of 4,200 kcal/kg, Mifa and BEL are in the range of 3,400 kcal/kg • Coal is primarily marketed in China, India, Vietnam, Thailand, the Philippines and domestically • End of 2021, the total coal reserves owned by the three mines amounting to 204.78 mn mt Geographical Presence Sales Volumes (mn mt) Banda Aceh MIFA * BEL Thailand Malaysia SUMATRA 80 Singapore Brunei Darussalam Malaysia KALIMANTAN South 11.76 13.53 11.63 1 Kalimantan 2019 2020 2021 TIA JAVA SEA Mifa & BEL ΙΤΙΑ 15#16ABM empowering energy Contract Mining Services - CK CK Cipta Kridatama Overview • Established in 1997, CK provides contract mining services in Indonesia 6th largest local Indonesian mining contractor for 2020 and 3rd largest for 2021 • Currently, CK has 9 customers spread across 5 provinces in Indonesia Tabel of CK Contracts Overburden Removal (mn bcm) Customers Location Contract Length Tunas Inti Abadi Mifa Bersaudara Multi Harapan Utama Tanah Bumbu, South Kalimantan Aceh Barat, Aceh life of mine 178.56 life of mine 139.67 Kuansing Inti Makmur Binuang Mitra Bersama Berkat Murah Rejeki Energi Batubara Lestari Dizamatra Powerindo Borneo Indobara Kutai Kertanegara, East Kalimantan Muara Bungo, Jambi Tapin, South Kalimantan life of mine life of mine 95.54 life of mine Tapin, South Kalimantan Tapin, South Kalimantan Lahat, South Sumatra life of mine 3 years 5 years (first renewal) Tanah Bumbu, South Kalimantan 4 years 2019 2020 2021 16#17ABM empoweringmergy Integrated Logistics - CKB Locations in 34 Cities and 21 41 Locations in Provinces Head Office Jakarta (Cakung, Marunda) PUSAT LOGISTIK BERIKAT PUSAT LOGISTIK BERIKAT CKB INTEGRATED LOGISTICS SERVICES • Freight Management • Project Logistic • Warehouse Management 999 Surabaya (Osowilangon) • Bonded Logistics Center Supply Base/Remote Site Services Balikpapan (Somber) More than 24 years experience in logistics industry PUSAT LOGISTIK BERIKAT BARUNA coa/logistics Barging/ dry bulk logistics Odde Stevedoring services Pelabuhan Buana Reja Port management ALFA TRANS RAYA Industrial shipping 17#18ABM empoweringenergy Engineering Services and Manufacturing - SSB SANGGAR SARANA BAJA Overview • Established in 1977, SSB provides a range of engineering and manufacturing services primarily to customers in the mining (coal and non-coal), oil and gas, petrochemical and power industries • Operates 4 manufacturing workshops and 13 sites throughout Indonesia • The key customers in SSB are as follows : Engineering Services & Manufacturing Services Offerings Business Services • On-site services: Include manufacturing and repair and maintenance services • Reconditioning Services: Focused on salvaging, reconditioning and manufacturing heavy equipment Manufacturing: Focused primarily on designing and manufacturing solutions Customers PT Freeport PT Chakra Jawara PT Cipta Kridatama Transport Products and Projects Business Services Project Business Focused on the project business line in the mining sector Offers industrial engineering and manufacturing services using materials that are not commonly sourced ordinarily (i.e. carbon steel, titanium, etc.) ⚫ Also distributes an extensive array of products for transportation equipment PT Mifa Bersaudara PT Bukit Makmur Mandiri Utama PT Amman Mineral Nusa Tenggara PT Hexindo Adiperkasa PT Mifa Bersaudara PT Petrosea PT Trakindo Utama PT Kaltim Prima Coal Products and Product Support Focused on the provision of transport equipment services • Also distributes an extensive array of products for transportation equipment, including custom-designed equipment for transportation, mining, support, logistics and material handling purposes •Provides after-sales services which include repair, replacement, training and consultation 18#19ABM empowering energy Fuel Supply - PWP PARAMA ENERGI Overview • PWP has obtained General Commercial Permit from the Directorate General of Oil and Gas of the Ministry of Energy and Mineral Resources of the Republic of Indonesia to carry out fuel purchases in Indonesia Since April 2018, PWP has expanded its business into lubricant distribution • Currently, most of the fuel provided by PWP still supports internal ABM Group, especially for CK clients Historical Fuel Sales Data (mn ltr) 116.05 218.80 175.89 Historical Lubricant Sales Data (mn ltr) 2.79 2.14 1.57 2019 2020 2021 2019 2020 2021 19#20ABM empoweringenergy FINANCIAL PERFORMANCE#21ABM empowering energy Revenue (in million US$) Financial Performance 690.7 773.1 592.4 606.4 1,021.9 Operating Profit and Operating Profit Margin (in million US$) 136.8 303.5 29.7% 17.7% 54.9 53.5 8.0% 9.0% 16.3 2.7% 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 Operating Profit Operating Profit Margin 21 24#22ABM empoweringergy Financial Performance EBITDA (¹) and EBITDA Margin (in million US$) 24.8% 24.5% 22.8% 189.3 170.1 19.0% 138.3 112.7 398.9 39.0% 2017 2018 2019 2020 2021 Net Income (Loss) and Net Income (Loss) Margin (in million US$) 65.6 8.5% 5.6 7.6 -35.7 1.3% 0.8% 148.0 14.5% -5.9% 2017 2018 2019 2020 2021 EBITDA EBITDA Margin Net Income (Loss) Net Income (Loss) Margin Note: (1) EBITDA is calculated as profit (loss) plus tax expense, plus finance expense, minus financial income - net, plus impairment, minus gains / plus foreign exchange losses, minus gains / plus losses on sale of property and equipment and plus depreciation and amortization 22#23ABM empowering energy Total Assets (in million US$) 1,042.7 Financial Performance 852.0 854.2 827.2 1,036.7 Total Liabilities (in million US$) 880.4 665.5 679.8 604.1 609.0 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 23#24ABM empoweringergy Total Equity (in million US$) 162.3 Financial Performance 247.8 245.2 161.7 356.9 Retained Earnings (in million US$) -50.6 14.9 15.5 -23.9 124.1 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 24#25ABM empoweringenergy Financial Ratio Debt and Net Debt to EBITDA (¹) (x) 5.0 4.0 3.0 2.0 1.0 T Debt and Net Debt to Equity (x) 5.0 4.5 4.0 3.5 3.0 3.1 3.5 3.2 3.0 2.6 2.5 1.9 2.6 2.0 2.3 2.3 1.6 1.5 2.2 2.0 1.5 1.1 1.0 1.0 1.1 0.5 1.2 0.9 2017 2018 2019 2020 0.4 2021 2017 2018 2019 2020 04 2021 -Debt to EBITDA Net Debt to EBITDA --Debt to Equity --Net Debt to Equity Note: (1) EBITDA is calculated as profit (loss) plus tax expense, plus finance expense, minus financial income ―net, plus impairment, minus gains / plus foreign exchange losses, minus gains / plus losses on sale of property and equipment and plus depreciation and amortization 25#26ABM empoweringenergy 2022 STRATEGY#27ABM empowering energy 2022 Strategy 1 Optimize synergy in ABM Group 2 Increase volume and operational performance 3 Conduct cost review continuously 4 Acquire new coal mine. 27#28mm ABM empoweringenergy Thank You Disclaimer: This presentation has been prepared by the company solely for general information, unless clearly stated otherwise in the presentation and does not constitute and should not be construed as formal information or statement of the company. The company or it's affiliated company disclaim any responsibility or liability whatsoever arising which may be brought or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this presentation.