Investor Presentaiton

8 TBS Energi Utama Mining Business TBS Overview Financial Performance Power Business Coal Sales Overview TBS adopts forward looking view of market conditions to adapt our marketing strategies to extract the most value for our coal Destination Trader vs End-User Composition 2019 Bangladesh 8% Hongkon Philippines g 6% South 2% Korea Malaysia 59% 53% 1% 51% 19% 47% 49% China 41% 11% Taiwan 22% Japan 2% Vietnam India 18% 1% Thailand 10% 2018 2019 2020 Traders End-users 2020 Product Composition Hongkong 3% ■5600 HS 5600 RS 5800 & 5900 LS 5200 4800 & 4900 Others Philippines 3% 48% Malaysia 20% China 20% Bangladesh 11% Japan 3% 29% Vietnam 22% 5% 19% 17% 28% 24% 28% 24% Taiwan India 13% 13% 10% 12% Others 7% 5% 6% 6% 5% 5% 5% 2% Thailand 7% 2018 2019 2020 www.tbsenergiutama.com

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