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Investor Presentaiton

APPENDIX - 9M2020 Newsletter PT. TUNAS BARU LAMPUNG, Tbk. (TBLA) Wisma Budi, 8th-g Floor JI. H.R Rasuna Said Lot C-6, Jakarta Telp: (021) 5213383, Fax: (021) 5213332 Production Summary 9M2020 NEWSLETTER 9M2020 9M2019 Change (%) Planted Area (Ha) 30 Sept 2020 30 Sept 2019 FFB Harvested Oil Palm FFB Nucleus (MT) 288,099 485,865 -40.7% Mature 48,468 45,614 FFB Plasma (MT) FFB 3rd Party (MT) FFB Yield - Nucleus (MT/Ha) 79,265 125,245 -36.7% Immature 10,669 11,453 253,381 517,442 -51.0% Total Oil Palm 59,133 57,067 8.0 14.3 Sugar Cane 12,878 11,362 Crude Palm Oil Production (MT) 128,271 220,371 -41.8% CPO Extraction Rate (OER) Palm Kernel Oil Production (MT) 21.7% 20.7% 15,501 19,861 -22.0% PKO Extraction Rate (KER) 42.3% 42.3% Cooking Oil (MT) FAME (KL) 206,024 156,614 236,144 202,456 31.5% 16.6% 140,507 231,515 FFB NUCLEUS HARVEST VOL (Ton) 174,412 155,726, 155,727 127,147 107,386 92,594 68,358 3018 4018 1019 2019 3019 4019 1020 2020 3020 PALM COOKING OIL SALES VOL (Ton) 74,418 73,929 74,935 67,097 62,832 60,895 54,964 48,283 45,453 3018 4018 1019 2019 3019 4019 1020 2020 3020 SUGAR SALES VOL (Ton) 77,750 78,582 71,744 70,204 71,478 60,732 64,790 61,629 67,099 3018 4018 1019 2019 3019 4019 1020 2020 3020 BIODIESEL SALES VOL (KL) 74,372 58,921 59,890 46,541 3018 95,224 84,054 77,115 70,829 71,622 4018 1019 2019 3019 4019 1020 2020 3020 PRODUCTION HIGHLIGHT The effect of last year's drought continues to plague FFB harvest around Sumatera. Both internal production and external purchase volume dropped considerably compared to last year as it gets harder to procure fruits in the region. Looking at historical and ongoing trend, harvest is expected to turn around towards the latter part of the year. Weak harvest consequently affected internal cpo production, which dropped by 41.8%, compared to 9M2019. This had to be supplemented with more external cpo purchase to ensure downstream demand was fulfilled. TBLA continued to boost cooking oil production as demand stayed robust amidst the ongoing pandemic. Cooking oil production was up by 31.5% compared to same period last year. FAME (Biodiesel) production up by 16.6% compared to 9M2019, as the B30 blending mandate came into effect this year. TBLA have sold 244k KL of FAME so far this year, with total FY2020 contracted volume of 341k KL to Pertamina. The Company is currently expanding biodiesel related infrastructures including new palm oil refinery and biodiesel plant in Lampung. Those facilities are scheduled for completion by the end of 1H2021. The Company has been allocated 180k ton of raw sugar import quota so far this year. Page 2 of 2
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