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Investor Presentaiton

MERDEKA COPPER GOLD TARGET 2030 GHG Emissions Reduction Roadmap 50% Reduction in GHG Emissions Intensity for Copper and Golda 29% Reduction in GHG Emissions Intensity for Acid BASELINE Energy Substitution Renewable electricity from geothermal sources. STRATEGIES mpry Signed two agreements with PLNc for green electricity in 2022, with the first site to utilize green energy from November 2022. Net Zero 2050 Emissions 2021 GOLD 0.6 tCO₂e per oz Au COPPER 3.6 tCO2e per ton Cu 2023 ACID 0.1 tCO2e per ton Acid (forecast based on first production) a. b. MDKA is projected to produce 1.3 MtCO2e emissions in 2030, while focusing efforts to reduce 29% emissions intensity by the same year. Energy Substitution Solar panel installation, micro hydro. Energy Efficiency Improving energy efficiency through technology and innovations. Land Rehabilitation Mined land reclamation, watershed rehabilitation program. Offsetting Land compensation, mangrove restoration, afforestation. Initial solar panel pilot project of 0.2 MW in 2021. Expansion plans to install solar panels with 24 MW capacity and a feasibility study for micro-hydropower plants. Innovative ideas to improve energy efficiencies and reduce GHG emissions. Mobile equipment oil lifetime extended through the use of Kidney Loop filtration and utilizing waste oil in blasting activities. Land rehabilitation is a regulatory requirement for Merdeka mine operations. Local tree species are planted to offset biodiversity. Initiate and monitor mangrove restoration and land compensation programs to increase GHG offset year-on- year. Performance against targets to be reviewed annually and to include further GHG reduction opportunities. The copper & gold GHG emission intensity has been revised to a stretch target of 50% from the original 2021 statement of 29% (Scope 1 and Scope 2) Acid emission intensity target of 29% by 2030 remains the same C. PLN = Perusahaan Listrik Negara (National Electric Company) d. Article 2(a), Paris Agreement, 2015 From 2030 onwards, the use of renewable energy and electric fleets are forecast to be the main contributors to achieve net zero by 2050 Achieving net zero by 2050 as a contribution towards holding the increase in the global average temperature NET ZERO to well below 2 C and pursuing efforts to limit the temperature increase to 1.5 C above pre- industrial levels d 19
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