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Investor Presentaiton

HEALTH | SAFETY | SECURITY | ENVIRONMENT PHI believes that excellent safety performance will support the Company's success. Therefore, PHI places safety as the main foundation of the Company's oil and gas operations and business activities. In line with PT Pertamina (Persero) policy in the field of safety, PHI implements Corporate Life Saving Rules (CLSR) and Pertamina HSSE Golden Rules, which consist of COMPLIANCE, INTERVENTION, and CARE. PHI implements the best safety practices in the national and global upstream oil and gas industry to produce safe and sustainable energy. PHI has successfully recorded more than one hundred million safe working hours. PHI's environmental management program aligns with the Company's commitment to reducing carbon emissions, energy efficiency, and environmental conservation and supporting Indonesia's energy transition. PHI also received government recognition for its environmental management and community development performance by receiving the Gold and Green PROPER Awards from the Ministry of Environment and Forestry of the Republic of Indonesia. PHI also obtained the ISO 14001:2015 Environmental Management System certificate. In 2023, PHI targets a TRIR figure of 0.19 and zero accidents, reducing emissions by 109.9 thousand tons of CO2e (carbon dioxide equivalent) from the decarbonization program. CORPORATE SOCIAL RESPONSIBILITY PROGRAM Harmonious relationships with the community will support the success and sustainability of the Company's operations and business. Therefore, PHI carries out Corporate Social Responsibility (CSR) programs that support community development and independence in line with achieving Sustainable Development Goals (SDGs). PHI collaborates with all stakeholders, especially the community and government, in carrying out innovative CSR programs to create benefits and shared value. PHI's CSR program has received recognition and awards at regional, national, and international levels covering health, education, infrastructure, economy, and environment. OPERATIONS | PRODUCTION | INNOVATION |TECHNOLOGY In supporting the sustainability of the Company's operations and business, PHI applies environmental, Social, and Governance (ESG) principles in every Company activity so that it continues to produce energy for Indonesia. PHI is committed to running oil and gas operations that are safe, reliable, environmentally friendly, and comply with all applicable laws and regulations. In line with the principles of good corporate governance, PHI has completed SNI ISO 37001:2016 Anti-Bribery Management System certification. PHI believes the Company's operations and business sustainability are significant in supporting Pertamina's energy transition policy and achieving the national production target of 1 million barrels of oil and 12 billion standard cubic feet of gas by 2030. Therefore, PHI continues to invest in finding new resources and increasing oil and gas reserves from onshore and offshore fields through exploration and exploitation drilling. PHI continues to encourage innovation and technology application, which is very important in maintaining production levels in mature oil and gas fields. In this regard, PHI has produced hundreds of articles on continuous improvement and innovation that have improved the Company's performance and saved millions of dollars. PHI achieved the highest at the 2023 Annual Pertamina Quality Award (APQA) by obtaining the most Platinum ratings. In 2023, PHI's oil production target stands at 63.4 thousand barrels of oil per day (bopd) and 668.5 million standard cubic feet of gas per day (MMSCFD), 198 exploitation wells, 5 exploration wells, workover of 337 wells and 7,242 well-services activities. Q? 8020 09933 2016 CH LL gy PT PERTAMINA HULU INDONESIA Head Office Graha Elnusa 9th Floor TB Simatupang Street Kav 1B DKI Jakarta, 12560, Indonesia +62 21 50829300 | ext 1000 @phi.pertamina phi.pertamina.com
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