Investor Presentaiton

Key Milestones □ Rajawali Group privatized Archipelago Resources PLC and delisted Archipelago Resources PLC from the Alternative Investment Market of the London Stock Exchange Plc □ Acquired 5.0% stake of MSM and TTN from Rajawali Group ☐ First ore mined at Toka Tindung Gold Mine in January □ Completed the construction of the Processing Plant, and first gold poured in April PT Archi Indonesia (Archi) was incorporated □ Rajawali Group acquired a non-controlling minority stake in Archipelago Resources PLC ☐ Rajawali Group acquired a controlling interest in Archipelago Resources PLC Commenced mining operation at Toka Tindung Gold Mine with waste removal Commenced construction of the Processing Plant and infrastructure ☐ Engaged an associate company, PT Geopersada Mulia Abadi (GMA), as the new mining contractor supported with a larger mining fleet ☐ Utilized electrified water pumps to replace diesel pumping to improve cost efficiency Expanded business into the downstream sector (gold minting bar) through establishment of PT Elang Mulia Abadi Sempurna (EMAS) ☐ Added an additional 941koz of Ore Reserves in the Eastern Corridor ☐ Directly owned 99.5% of MSM and TTN, and ARPTE owned 0.5% of MSM and TTN ☐ Completed expansion of the Processing Plant to exceed 3.0 Mtpa ☐ Enhanced exploration drilling program and increased exploration equipment to 17 rigs so to quickly identify additional Ore Reserves □ Commenced a 3.0 Mtpa expansion project for the Processing Plant 2018 2019 2020 on ☐ Listed Indonesia Stock Exchange (Initial Public Offering / IPO) 2021 2017 ☐ Pursuant to another restructuring, which acquired 95.0% of MSM and TTN. ARPTE now owns 5.0% of MSM-TTN □ Reached gold production above 200koz □ Increased Processing Plant to 2.1 Mtpa ☐ Revised feasibility study conducted on Toka Tindung Gold Mine ☐ Pursuant to a restructuring, which acquired ARPTE from Archipelago Resources PLC, which owns 95.0% of MSM and TTN ☐ Revised feasibility study conducted on Toka Tindung Gold Mine ☐ PT Tambang Tondano Nusajaya (TTN) was incorporated □ PT Meares Soputan Mining (MSM) was incorporated 2016 2015 2014 2013 2011 2010 2009 2005 1997 1986 Note: Information as of 30 June 2021. 22 22

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