Investor Presentaiton

Nickel Encouraging The Downstream Industry To Increase Value-added Commodities Downstream Industry Policy Acceleration of Economy Growth Strengthen and deepen industrial Structure through R&D, product innovation, brand, and design. Total Number and Investment Smelter 2021-2024 Number of Smelter Commodity Total Investment Investment Realization Existing Plan TOTAL (mn $) (mn $) 11 19 30 7619.3 5508.4 Broaden Working Bauxite 2 6 8 7138.9 2979.5 Opportunity DOWNSTERAM Iron 1 1 2 53.7 47.2 INDUSTRY Country foreign Acceleration of Industrial Copper 2 2 4 4693.3 1046.9 Mangan 1 1 2 23.9 12.5 exchange reduction with Deployment which Lead and Import Substitution 0 2 2 28.8 22.0 covers NKRI territorial Zinc TOTAL 17 31 48 19557.9 9616.6 Increase Local Added Increase foreign Value exchange revenue through Export Supporting Policy For Downstream Industry Provide Industrial Infrastructure / Development of sufficient Industry Area or SEZ (port, energy, land, natural gas, etc.) Create a conducive industrial business environment (Job Creation Law, risk-based business licensing, OSS, etc.) Fiscal incentive and disincentive Technology provision, building advanced human resources, and industrial machinery. Source: Coordinating Ministry for Economic Affairs Coal Development Project The development of the Coal to DME Project aims to increase national energy security by reducing LPG imports. The project in Tanjung Enim will become a Special Economic Zone (SEZ) so that facilities and incentives will support it. With 6 million tons of coal annually, this project can produce 1.4 million DME to reduce LPG imports by 1 million tons annually. Source: Ministry of Energy and Mineral Resources, 2022 Bukit Asam Sepondcows PERTAMINA PRODUCA 8000 COAL TO DME PLAN Gasification COAL 6 MTPA SYNGAS METHANOL DME 1,4 MTPA Tanjung Enim 59 59

View entire presentation