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Investor Presentaiton

Integrated Business Model with control over each part of the supply chain ADARO MINING ADAROSERVICES ADAROLOGISTICS ADARO POWER THERMAL COAL MINING SERVICES Maritim Barito Perkasa (MBP) 100% Makmur Sejahtera Wisesa (MSW) 100% Adaro Indonesia (AI) 88.5% Saptaindra Sejati (SIS) 100% Barging & Shipping Operator of 2x30MW mine- Coal mining, S. Kalimantan Coal mining and hauling contractor Balangan Coal 75% Sarana Daya Mandiri (SDM) Dredging & maintenance in 51.2% mouth power plant in S. Kalimantan Coal Mining, S. Kalimantan Jasapower Indonesia (JPI) 100% Barito River mouth Mustika Indah Permai 75% Operator of overburden Indonesia Multi Purpose 100% Operator of Solar PV at Al's mine site in S. Kalimantan (MIP) crusher and conveyor Terminal (IMPT) Coal Mining, S. Sumatra Port management & Adaro Jasabara Indonesia 100% Bukit Enim Energi (BEE) terminal operator 61% (AJI) Tanjung Power Indonesia (TPI) 65% Coal Mining, S. Sumatra Bhakti Energi Persada (BEP) Coal mining, E. Kalimantan Mining services Indonesia Bulk Terminal 100% (IBT) Partner in 2x100MW power 10.2% Adaro Mining Technologies (AMT) 100% Coal terminal & fuel storage plant project in S. Kalimantan Puradika Bongkar 100% Coal research & METALLURGICAL COAL PT Adaro Minerals 83.8% Indonesia Tbk (AMI) Muat Makmur (PBMM) development Cargo loading & unloading Harapan Bahtera Internusa (HBI) 100% Bhimasena Power Indonesia (BPI) 34% Coal mining, C. Kalimantan, E. Kalimantan COAL TRADING Shipping administration Partner in 2x1000MW Coaltrade Services 90% Kestrel Coal Resources¹ 48% International Pte. Ltd (CTI) Queensland, Australia Barito Galangan Nusantara (BGN) 100% power generation project in Central Java Coal Trader Maintenance services 1) Kestrel Coal Resources has 80% ownership on Kestrel Coal Mine Note: Simplified Corporate Structure 581
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