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Investor Presentaiton

Mining Business Financial Performance Power Business 8 TBS Energi Utama TBS Overview Production Performance and FOB Cash Cost 2020 saw lower mining FOB cash cost and slight decrease Production Volume and SR stripping ratio ABN IM TMU -Stripping Ratio (x) 13.6x 13.5x 13.3x 13.1x Sales Volume ABN IM ■TMU 5.4 5.0 4.5 1.0 4.8 4.9 1.1 4.2 0.7 0.5 1.2 2.9 1.1 0.8 0.5 1.2 3.2 0.8 0.6 0.7 0.7 0.8 3.4 3.7 0.5 0.4 2.5 3.2 3.6 1.7 2.6 2.1 2020 2017 2018 2019 2020 2017 2018 2019 FOB Cash Cost dan SR FOB cash cost (US$/ton) Stripping Ratio (x) 13.6x 13.5x Others**) 12% 13.3x 13.1x 49.6 48.2 Royalty 6% 44.8 40.0 2017 Overhead 8% Fuel 19% Cash Cost Breakdown 2020 US$44.8 /ton Mining Contractors*) 47% *) Excludes fuel Transport 2018 2019 2020 **) Includes changes in inventory position 8% www.tbsenergiutama.com
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