Investor Presentaiton

8 TBS Energi Utama TBS Overview Financial Highlight Power Business Mining Business PT TBS Energi Utama Tbk ("TBS" or "Company") TBS Bara is one of Indonesia's major energy companies focusing in the development of downstream industry and more specifically in power generation. POWER GENERATION 4 COAL MINING PLANTATION [1] GORONTALO LISTRIK PERDANA Minahasa Cahaya Lestari PT Gorontalo Listrik Perdana ("GLP") Adimitra Baratama Nusantara PT Minahasa Cahaya Lestari ("MCL") INDOMINING PT Adimitra Baratama Nusantara ("ABN") PT PERKEBUNAN KALTIM UTAMA I PT Indomining ("IM") PT Trisensa Mineral Utama ("TMU") PT Perkebunan Kaltim Utama | ("PKU") PAITON ENERGY • PT Paiton Energy ("PE") Adimitra PT Adimitra Energi Hidro ("AEH") Energi Hidro BAYU ALAM PT Bayu Alam Sejahtera ("BAS") SEJAHTERA Coal Fired Power Plants under development by GLP and MCL, each capacity of 2x60MW (gross), secured by 25-years PPAs [2] with PLN Through PT Batu Hitam Perkasa ("BHP"), holds 5% shares in 2nd largest IPP [3] in Indonesia, PT Paiton Energy (2,045 MW) • One of few companies that has obtained 2 PPAs in 2 TRISENSA COAL Total Concession : 7,087 Ha Reserves (JORC 2018) : 63.9 mm tons Total Production Rate : 5-8 mmtpa Coal Products (GAR) : 4,800 - 5,900 kcal/kg 8,633ha (2,738 Ha planted) HGU[4] area consecutive years (GLP and MCL) [1] TBS owns PKU, which overlaps with ABN and TMU concessions, [2] PPA: Power Purchase Agreement, [3] IPP: Independent Power Producer, [4] HGU: Hak Guna Usaha (Right to Cultivate) www.tbsenergiutama.com

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