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Investor Presentaiton

Summary of PT Adaro Minerals Indonesia Tbk Adaro Minerals Key Financial Highlights Adaro Minerals Metcoal Production (Mt) adaro MINERALS OPERATIONAL 1H23 1H22 Change 3.8-4.3 Production (Mt) 2.54 1.53 66% Sales (Mt) 1.82 1.28 42% We expect consistent volume growth, reaching 6 MT+ in the medium term. 3.4 Overburden removal (Mbcm) 7.55 3.50 116% 2.3 FINANCIAL ($ million) 1H23 1H22 Change Net Revenue 463 435 6% 1.0 Core Earnings 168 206 -19% Operational EBITDA 235 288 -18% Operational EBITDA Margin 51% 66% -15% 2020 A 2021 A 2022 A 2023 F Sales by Destination 1H23 Adaro Minerals Strip Ratio Remains Very Low Korea 4.0 8% Indonesia 3.5 10% Japan 3.0 35% 2.5 2.0 China 20% 1.5 1.0 2020 A 2021 A 2022 A 2023 F India 28% 8
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