Delta Dunia Corporate Strategy

1. 2. Balance Sheet and Cashflow US$m, unless stated Jun 21 Sep 21 Liquidity position Dec 21 Key Balance Sheet Items Cash Position¹ 126 371 221 Borrowings Net Debt Net Debt to EBITDA² FCCR² 537 894 920 ◉ 412 523 700 3.17x 3.23x 2.82x 2.49x 2.96x 4.62x Delta Dunia Free cash flow decreased significantly reflected a significant incremental USD317mn capital expenditure to support growth expected from two new contracts signed Net debt to EBITDA ratio of 2.8x in 4Q 2021, showing that BUMA remain in healthy condition and continue maintaining minimum debt level Refinancing of 2022 Notes - Refinanced MUFG loan and Senior Notes 2022 with new US$400M Senior Notes 2026 with greater flexibility to accommodate growth Secured new US$350M Syndicated Facility led by Mandiri to fund growth capex and Australia acquisition Borrowings comprise: US$350m (amortization not started yet) US$400m Bank Loan of US$m, unless stated FY20 FY21 Change 4Q20 4Q21 Change Senior Notes Unit Financials (US$) Financing leases Operating Cashflow 234 267 14% 32 114 260% Free Cashflow 211 (188) 189% 25 (66) 778% - - Capital Expenditure 24 24 340 1305% 6 171 2,879% Includes cash, cash equivalents and other current financial assets Status of BUMA's in lieu of its Senior Notes and bank loan covenants US$125m Operating Cashflow increased by 14% Driven by higher revenue and EBITDA and more efficient working capital management The Group continues to maintain good relationships with customers to ensure no delay of payments Free Cashflow decreased by 189% from FY20 - High growth capex to support volume growth and new contracts Certain investment by the Group - STRICTLY CONFIDENTIAL - 13

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