Delta Dunia Corporate Strategy and Highlights

1. 2. Balance Sheet and Cashflow US$m, unless stated Key Balance Sheet Items Cash Position¹ Borrowings Net Debt Net Debt to EBITDA² FCCR² Liquidity position Sep 21 Dec 21 Mar 22 371 221 155 894 920 979 Delta Dunia Free cash flow decreased reflected an incremental USD52mn capital expenditure to support growth expected from two new contracts signed Net debt to EBITDA ratio of 2.79x in 1Q 2022, showing that BUMA remain in healthy condition and continue maintaining minimum debt level Refinancing of 2022 Notes Refinanced MUFG loan and Senior Notes 2022 with new US$400M Senior Notes 2026 with greater flexibility to accommodate growth Secured new US$350M Syndicated Facility led by Mandiri to fund growth capex and Australia acquisition Borrowings comprise: 523 700 823 3.23x 2.82x 2.79x - 2.96x 4.62x 5.98x - Bank Loan of US$m, unless stated FY20 FY21 Change 1Q21 1Q22 Change - Senior Notes Unit Financials (US$) Financing leases Operating Cashflow 234 267 14% 27 40 47% - Free Cashflow 211 (188) 189% 13 (18) 237% - Capital Expenditure 24 340 1305% 14 42 52 269% Includes cash, cash equivalents and other current financial assets Status of BUMA's in lieu of its Senior Notes and bank loan covenants US$350m US$400m outstanding of US$205m Operating Cashflow increased by 47% Driven by majority of the incremental in EBITDA The Group continues to maintain good relationships with customers to ensure no delay of payments Free Cashflow decreased by 237% from 1Q21 High growth capex to support volume growth and new contracts - STRICTLY CONFIDENTIAL - 12

View entire presentation