Delta Dunia Operational and Financial Strategies

Financial Results Delta Dunia US$m, unless stated FY20 FY21 Change 4Q20 4Q21 Change Overburden Removal increased by 16% from FY20 FY21 reflects volume recovery and incremental volume from one of the new contracts Volumes Overburden Removal (m bcm) Revenue increased by 51% from FY20 282 326 16% 52 94 80% Coal (mt) 45 54 19% 12 15 29% Mostly due to higher tiering price Cumulative effect of mining difficulty compensation Increase in volume Key Financials Revenue 602 911 51% 108 314 192% EBITDA 164 234 43% 13 84 569% EBITDA Margin 29.4% 28.3% 12.8% 29.8% Operating Profit 20 82 314% (21) 40 288% Net Profit/(Loss) (23) 0 101% (20) 16 184% EPS (in Rp) Rp (40) Rp 0 101% Rp (33) Rp 27 181% Unit Financials (US$) Cash costs ex fuel per 1.11 1.42 28% 1.19 1.70 43% bcm Cash costs ex fuel per 0.40 0.50 25% 0.45 0.58 31% bcm/km EBITDA increased by 43% from FY20 4Q21 reflects the effect of mining difficulty compensation Increase in cost to support volume growth and new contracts Cash costs ex fuel per bcm increased by 28% from FY20 Incurred upfront costs necessary to facilitate recovery and growth ramp up efforts Cost related to higher than expected rain hours caused by the La Nina anomaly Cost related to health cost as Covid 19 pandemic surge in Jun-Aug 2021 - STRICTLY CONFIDENTIAL - 12

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