Investor Presentaiton

Weighted Average Stripping Ratio (SR) 5 4.4 4.1 3.8 4.0 3 2 1 0 2Q21 1Q22 2Q22B 2Q22 Note: B stands for Budget Figure 2Q22 weighted average stripping ratio was lower than the Budget and 1Q22 due to: ■ Lower SR at TSA/FKP due to change in mine sequence. Expansion of Pakar North in low SR areas. Partially offset by Weighted Average SR (:1) 1Q22 2Q22B 2Q22 Teguh Sinarabadi / Firman 12.8 13.0 10.8 Higher SR at WBM due to pre- strip work in WBM east. Ketaun Perkasa Perkasa Inakakerta 6.9 6.6 6.8 Wahana Baratama Mining 13.7 12.9 14.9 Tabang Concessions 3.0 3.0 2.9 Pakar North Total 8.7 3.9 2.6 4.4 4.1 3.8 2Q22 weighted average stripping ratio was lower than the Budget and 1Q22 11

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