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Investor Presentaiton

Why Adaro Solid Foundation • Integrated energy company with strong footing in the energy industry. adaro Positioned for Sustainable Growth Capturing Opportunities in Green Economy Consistent Dividend Payment and Shareholder Return Industry Leading Cost Position Experienced Management Team Commitment to ESG • Strong Cash Generation • • • • Integrated business model enables us to control cost and manage risks better, ensuring business sustainability. • Well positioned to capture the opportunity through ADMR, which will focus on managing and developing our non-coal mineral assets. Cumulatively from 2008, we have paid approximately US$2.9 billion in dividends with average payout ratio of 47%. Cost competitiveness resulted in one of the highest operational EBITDA margins in the sector, reaching 62% of operational EBITDA margin in 2022. Management has been consistent with strategy execution while also being nimble in reacting to business developments PT Adaro Indonesia received 5th PROPER Gold Award MSCI ESG rating of BBB. • Adaro generated $2.8 billion of free cash flow and net cash of $2.6 billion in FY22 which will fund our business transformation. 19
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