Investor Presentaiton

Operational Excellence and Efficiency Continue to deliver solid results and operational excellence adaro OPERATIONAL 1Q22 1Q21 % Change Production (Mt) 12.15 12.87 -6% Sales (Mt) 12.20 12.59 -3% OB removal (Mbcm) 48.22 52.54 -8% FINANCIAL (US$ millions, unless indicated) 1Q22 1Q21 % Change Net Revenue 1,225 692 77% Core Earnings 484 110 338% Operational EBITDA 755 244 213% Cash 1,556 1,190 31% Net Debt Net Cash 119 Capex Free Cash Flow 70 41 71% 352 104 237% Operational EBITDA Margin Net Debt to Equity (x) 61.6% 35.3% 26% Net Cash 0.03 Net Debt to Last 12 months Operational EBITDA (x) Net Cash 0.14 Cash from Operations to Capex (x) 3.04 3.16 -4% 11

View entire presentation