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Page 1
PUBLIC
EXPOSE 2026
THURSDAY, 30 APRIL 2026
Page 2
AGENDA

1.   BOD BOC Profile
2.   Key Milestone
3.   Operational Performance
4.   Sales Performance
5.   Sustainability Efforts
6.   Financial Performance
Page 3
BOARD OF COMMISSIONERS




     Prof. Dr. Ir. Bungaran Saragih       Hoesen             Ir. Rimbun Situmorang
              Komisaris Utama         Komisaris Independen          Komisaris
Page 4
BOARD OF DIRECTORS




                                             Jap Hartono
                                                CEO
                                                                                                        New Director 2025




   Akhmad Faisyal   Jahja Tanudjaja Adelai                 Roshan Chakravarthy Valautham   Henky Satrio Wibowo
        COO                  CFO                                       CMO                        CSO
Page 5
  KEY MILESTONE
  SSMS Established on November 22, 1995. in Pangkalan Bun, Central Kalimantan                              December 2023
                                                                                             Becoming PT Citra Borneo Utama
                                                                                            Tbk. (CBUT) Majority Shareholders
                                                                                                         worth IDR 3.4 Trillion




                                                                                January 2023                                      November 2025              November 2025
                                                                2022
                                                                            Fully payout global                                   Obtained a IDR 5.2            Acquired 63.4%
                                                   Bought back some
                                      2018                        .                                                               Trillion loan facility       stake at PT SML
                                                       of Global Bond           bond at maturity
                       Issued global bonds                                                                                           from a Banking               worth IDR 1.6
            2013           worth US$300 M                                                                                         Syndicate used for        Trillion, with 12k Ha
This Initial Public
                                                                                                                                          refinancing,      of planted area and
          Offering
                                                                                                                                  acquisition of SML       avg. age of 8.5 years
                                                                                                                                  and increasing the
                                                                                                                                  company’s working
                                                                                                                                               capital.
                                                                                                               September 2023
                                                                                                                100% RSPO
                                                                                                               Certification
Page 6
 01
OPERATIONAL
PERFORMANCE




PT Sawit Sumbermas Sarana Tbk
Page 7
   AREAL OVERVIEW – FY25
          The Sizable Landbank Nucleus & Plasma with has a total planted 94,947 ha                                                    Mills and Refinery Overview

                                            Total Immature , 1,221                                                 12
                   Plasma Mature ,                                                                                                                                 10
                       16,876                                                                                      10
                                                                                                                         8
                                                                                                                   8




                                                                                                      Total Mill
                                                                                                                   6

                                                                                                                   4
                                                                                                                                  2                                      2
                                                                                                                   2                        1                                     1
                                                                Nucleus Mature ,
                                                                     76,850                                        0
                          Nucleus Mature    Plasma Mature       Total Immature                                                  2024                                    2025
                                                                                                                                         Mills   KCP    Refinery

Plantation Overview                                                                                  Mills and Refinery Overview
The area of the Nucleus plantation increased by 11.5% or an increase of 7,909 hectares, mainly       The number of mills has increased from 8 to 10, with total capacity increasing to 670 TPD
from the acquisition and conversion of TBM-3 plants to TM-1. Meanwhile, the plasma plantation        following the acquisition. Furthermore, downstream operations—refining and fractionation
increased by 33.3% or an increase of 4,213 hectares FY25, which was also driven by the acquisition   plants—have a capacity of 2,500 TPD to process CPO into derivative products, while the 2
and conversion of plants. This increase strengthens the Company's operational capacity and           Kernel Crushing Plant (KCP) has a total capacity of 780 TPD.
supports sustainable growth in the future.
Page 8
OPERATIONAL PERFORMANCE – FY25
                                  Nucleus Mature vs Nucleus FFB Yield / Ha                                                                                                                 FFB Plasma vs Plasma Yield / Ha
                                                                                                                                                                        17,600                                                                             12.0
                69,120                                                                                                         30.0                                                                                                         10.6
                                    27.0
                                                               25.0                                                                                                     16,600                                                                             10.0
                69,070                                                                                                                                                                                                   10.6
                                                                                  22.7                                         25.0
                69,020                                                                                                                                                  15,600                        7.5                                                  8.0
                                                                                                               21.2            20.0                                                 6.9




                                                                                                                                                                                                                                                                         Tonnes/ Ha
                68,970




                                                                                                                                      Tonnes/ Ha



                                                                                                                                                    Ha Planted
   Ha Planted




                                                                                                                                                                        14,600                                                                             6.0
                68,920                                                                                                         15.0
                68,870                                                                                                                                                  13,600                                                                             4.0
                                                                                                                               10.0
                68,820
                                                                                                                                                                        12,600                                                                             2.0
                                                                                                                               5.0                                                12,000
                68,770                                                                                                                                                                              12,505             12,663              16,876
                                  68,880                  68,901                  68,940                  76,850
                                                                                                                                                                        11,600                                                                             -
                68,720                                                                                                         -
                                                                                                                                                                                  FY22              FY23                FY24               FY25
                                  FY22                    FY23                    FY24                    FY25
                                                 Nucleus Mature                Yield/Ha FFB Nucleus                                                                                          Plasma Mature           Yield/Ha FFB Plasma

                                                   Oil Extraction Rate (OER)                                                                                                     Palm Kernel Production vs Kernel Extraction
                                                                                                                                                                      110,000                                                                                  4.4%
                24%                                                                                                  23.7%
                                                                                                                                                                                                                                                    4.4%
                24%                                                                                                                                                   105,000                                                                                  4.4%




                                                                                                                                                                                                                                                                      Extraction Rate (%)
                                                                                                             23.0%




                                                                                                                                                   Palm Kernel (MT)
                         22.8%                         22.8%
                23%              22.8%                                                                                                                                100,000                                                                                  4.3%
OER From FFB




                                                                                  22.4%                                                                                           4.3%
                23%                      22.3%                                            22.4%
                                                               22.0%
                                                                       22.1%                                                 22.1%                                     95,000                        4.2%                      4.2%                            4.3%
                22%                                                                               21.8%
                                                                                                                                                                       90,000                                                                                  4.2%
                22%
                                                                                                                                                                       85,000                                                                                  4.2%
                21%                                                                                                                                                              97,019            99,082              89,833              104,130
                21%                                                                                                                                                    80,000                                                                                  4.1%
                                 FY22                    FY23                             FY24                       FY25                                                        FY22               FY23                FY24                FY25
                                             OER (Nucleus)    OER Plasma                   OER (Mix)                                                                                              PK (Palm Kernel)          KER
    *Calculated using 1 month of SML Production
Page 9
MILLS OPERATION PERFORMANCE – FY25
                                              FFB Process vs Mills Utilisation                                                                                                          Crude Palm Oil Process at Refinery
         2,000                                                                                                        74%                                      800                          747    91.8%                                                               100%
                                                              72%                                            73%
         1,800                                                                                                        72%                                      700                                                                                           84.5%




                                                                                                                                                                                                                                                                               % Utilizations Process
         1,600                                                                                                                                                                                                                                 579                     80%




                                                                                                                             % Utilizations Process
                                                                                                                      70%
         1,400                70%
                                                                                                                                                               600   549
                                                                                                                      68%
         1,200                                                                                                                                                 500          68.10%                                                                                     60%




                                                                                                                                                      MT'000
                                                                                                                      66%                                                                                             387
MT'000




         1,000                                                                                                                                                 400
                                                                                  62%                           735   64%
           800                                                                                                                                                                                                               47.6% 250                                 40%
                                                                571                       529                         62%                                      300
           600                          439                                                                                                                                                                                                                      171
           400                                                                                                        60%                                      200
                                                                                                                                                                                                                                                                       20%
           200                 72                        94                       82                    86            58%                                      100            27                    29
                     1,757                      1,680                    1,508                  1,561                                                                                                                         15                        22
            -                                                                                                         56%                                        0                                                                                                     0%
                              FY22                    FY23                      FY24                   FY25                                                                  FY22                  FY23                      FY24                      FY25
                             Nucleus                Plasma                 Third Party            Mill Utilization                                                        RBDPO           PFAD              CPO Trading                % Utilizations Rate CPO Process

                                        RBDPO Fractionation Plant Process                                                                                                                  Palm Kernel Process at KCP
           700                                           85%                                                          90%
                                                                                                                                                               45                                                                                                        60%
           600                                                                                            79%         80%                                      40                                                                                      50.7%
                                                                                                                      70%                                                                                                                                                50%




                                                                                                                            % Utilizations Process
                                                                                                                                                               35         41.81%
           500




                                                                                                                                                                                                                                                                               % Utilizations Process
                                    58.1%                                                                             60%                                      30                                                                                                        40%
           400                                                                                                                                                                                      34.4%
 MT'000




                                                                                                                      50%




                                                                                                                                                      MT’000
                                                                                 43%                                                                           25
                                                                                                                                                                                                                                                                         30%
           300                                                                                                        40%                                      20                                                                30%
                                                                                                                      30%                                      15                                                                                                        20%
           200                                                 137
                                        93                                                                   101      20%                                      10
           100                                                                           68                                                                                                                                                                              10%
                                                                                                                      10%                                       5
                                                                                                                                                                     31            42        25            34           21          28            29           38
                        401                        585                     296                   468
                 0                                                                                                    0%                                        0                                                                                                        0%
                               FY22                    FY23                       FY24               FY25                                                                  FY22                   FY23                       FY24                       FY25
                                Olein            Stearin              Utilization Rate RBDPO Process                                                                         CPKO Production                    PKE Production                 KCP Utilization
Page 10
 02
SALES
PERFORMANCE




PT Sawit Sumbermas Sarana Tbk
Page 11
SALES PERFORMANCE - FY25
                         Others (Local)*                          CPO
                              16%                                 17%                                                              ATK PTE. LTD
                                                                                                                                                  Others
                                                                                                                                        2%
                 PKO Local                                                                                                                         8%
                   5%                                                                                           China-Base Resource
                                                                                                                Singapore PTE. LTD
                                                                                                                        3%
               PFAD Local
                  1%
                                                                                                                                                                                  Olam Global Agri PTE.
             Stearin Local                                                                             Eco Comodity PTE LTD                                                               LTD
                 10%                                                                                          15%                                                                         42%

  Palm Kernel Expeller
          4%
                  PFAD
                    1%
  RBD Palm Stearin
       1%                                                            RBD Palm Olein
                                                                         45%                              Borneo Agri-Resources
                                                                                                          International PTE. LTD
         CPO                               RBD Palm Olein                   RBD Palm Stearin                        30%
         PFAD                              Palm Kernel Expeller             Stearin Local
         PFAD Local                        PKO Local                        Others (Local)*

           Product                             Region                   Realisasi (MT) Portion
                                                                                                 Olam Global Agri PTE. LTD                                 Borneo Agri-Resources International PTE. LTD
  CPO                                           India                         171,014 17.49%
  RBD Palm Olein                   Pakistan/China/India/Bangladesh            435,349 44.52%     Eco Comodity PTE LTD                                      China-Base Resource Singapore PTE. LTD
  RBD Palm Stearin                      Malaysia/South Korea                   10,946    1.12%
                                                                                                 ATK PTE. LTD                                              Others
  PFAD                               China/Malaysia/South Korea                12,286    1.26%
  Palm Kernel Expeller                 China/Vietnam/Thailand                  38,862    3.97%
  Stearin Local                               Indonesia                        98,972 10.12%
  PFAD Local                                  Indonesia                          5,401   0.55%
  PKO Local                                   Indonesia                        44,893    4.59%
  Others (Local)*                             Indonesia                       160,072 16.37%
  Total                                                                       977,795 100.00%
Page 12
 03
SUSTAINABILITY
EFFORTS




PT Sawit Sumbermas Sarana Tbk
Page 13
    Certification & Proper – Global Standards Compliance                                                Social Forestry
Total of 35 certificates obtained from 6 Certification System                                           Harmonious Collaboration with Stakeholders
                                                                                                 •       HkM Komunitas Karya Masoraian – RACP PT MPP
                                                                                                 •       HD Petak Puti – RACP PT SMU – PT TSA
                                                                                                 •       HKM Danau Seluluk Jaya - RACP PT MKM
                                                                                                 •       HkM Tani Sejati - RACP PT MKM
                                                                                                 •       HkM Mawar Bersemi - RACP PT MKM
  RSPO        ISPO        PROPER       ISO 9001     ISO 14001     ISO 45001

    Independent Smallholder                                                                           Traceability to Plantation (TTP)
               Asosiasi Petani                                         BUMDes
             Kelapa Sawit Mandiri                                  Berkah Mulya Jaya                              25.7
RSPO Member                                          RSPO Member                                                                                                  Traceability
            1-0279-19-000-00 (2019)                              1-0434-23-000-00 (2023)                      2.2
No.                                                  No.                                                                                          Informations               Traceability (%)
                                                                                                                             72.1
Members           774                                Members         506                                                                          Traceable                        100
Total Area        1.747,73 Ha                        Total Area      1.997,98 Ha                     Own Estate     Smallholders    Third Party   Under Verification                -



    Project Carbon Accounting - Integrated Net Zero Strategy
                                                                                                                             FFB Sourcing Statistics
 Waste Sector
                           Utilization of Biogas from POME                                                                                        Production (kg)
 Mitigation                                                                                      Informations
                                                                                                                                                       2025
 Energy Mitigation         Methane Capture from POME
                                                                                                 Own Estate                            1.447.287.505,85
 Agricultural              Reduction of Greenhouse Gas Emissions through the Substitution of
                                                                                                 Smallholders                          44.371.843,81
 Mitigation                Inorganic Fertilizers with Organic Fertilizers
 Forestry Sector           Reduction of Deforestation through the Protection of High             Third Party                           516.974.667,57
 Mitigation (FoLU)         Conservation Value Areas                                              Grand Total                           2.008.634.017,23
 Forestry Sector           Deforestation Reduction for Pre-Release Habitat Protection of Orang
 Mitigation (FoLU)         Utans on Salat Island
Page 14
ORANGUTAN CONSERVATION – PULAU SALAT
RACP PT SSS, PT KSA, & PT MMS




                                                Kawasan                     Lokasi
                                Pulau Nusa2                                  1.191 ha
                                Pulau Barasak                                  120 ha
                                Pulau BadakBesar                               123 ha
                                Pulau Badak Kecil                              104 ha
                                Pulau Nusa 1                                   596 ha
                                Total Luasan                                 2.134 ha
                                Jumlah Populasi Orang Utan dari 2016-
                                2026                                             141
                                Jumlah Pelepasan Orang Utan di Taman
                                Nasional                                          67
                                Jumlah Populasi Orang Utan di Pulau Salat         41
                                Jumlah Orang Utan unreleasable                    10
Page 15
 04
FINANCIAL
PERFORMANCE




PT Sawit Sumbermas Sarana Tbk
Page 16
FINANCIAL HIGHLIGHT - FY25
                                               Statement of Financial Position                                                                                                                                 Market Cap
               16,000
                                                                                                                        13,584
                                                                                                                                                                           16,000                                                              14,621
               14,000                                                                                                                                                                         14,002
                                                         11,944                       11,871                                                                               14,000
               12,000       11,137                                                                                           10,643                                                                                           11,466
                                                                  9,948                                                                                                    12,000
               10,000                9,092                                                                                                                                                                      9,954




                                                                                                                                                           IDR Billions
                                                                                               8,986
                                                                                                                                                                           10,000
IDR Billions




                   8,000                                                                                                                                                          8,000
                   6,000                                                                                                                                                          6,000
                   4,000                                                                               2,885                          2,941
                                                                                                                                                                                  4,000
                                             2,045                        1,996
                   2,000                                                                                                                                                          2,000
                      0                                                                                                                                                              -
                                 FY22                            FY23                      FY24*                             FY25                                                             FY22              FY23           FY24            FY25
                                             Total Asset          Total Liabilities        Total Equity
                                                     Statement of Profit or Loss                                                                                                                          Statement of Cash Flow

                   16,000               Revenue                     EBITDA Margin                        Net Margin              30%
                                                                                                                                                                                   4,000      Operating        Investing    Financing      Change in Cash
                   14,000        25%                                                                                                                                               3,000
                                                                                                                                 25%
                   12,000                                                          21%
                                                                                                                20%                                                                2,000
                                                                                                                                 20%                                               1,000
                   10,000



                                                                                                                                              Margin (%)
                                 16%




                                                                                                                                                                   IDR Billions
    IDR Billions




                                                             13%
                    8,000                                                                                                        15%                                                      0
                                                                                                                                                                                                (179)                              (167)            (311)
                    6,000                                                                                                                                                          -1,000                         (568)
                                                                                   8%                           8%               10%
                    4,000                                   5%                                                                                                                     -2,000
                                                                                                                                 5%
                    2,000                                                                                                                                                          -3,000
                                11,240                     11,096                 10,367                       14,813
                       0                                                                                                         0%                                                -4,000
                                FY22                       FY23                   FY24*                        FY25                                                                            FY22              FY23           FY24*            FY25
  *Figure FY24 Restate
Page 17
                              KANTOR PUSAT
 Jl. H. Udan Said No. 47 Pangkalan Bun 74113 Kalimantan Tengah, Indonesia
                            Ph : +62 532 21297


                      KANTOR PERWAKILAN JAKARTA
Equity Tower 43F Jl. Jend. Sudirman Kav. 52-53 SCBD Lot. 9 Jakarta, Indonesia
             Ph : +62 21 2903 5401 | E : corporate@ssms.co.id



                          www.ssms.co.id

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Names mentioned 26 people and organisations named in the text · linked when the evidence is strong

linked person Prof. Dr. Ir. Bungaran Saragih p.3
linked person Ir. Rimbun Situmorang p.3
linked person Jap Hartono p.4
linked person Akhmad Faisyal p.4
linked person Jahja Tanudjaja p.4
linked person Roshan Chakravarthy p.4
linked person Henky Satrio Wibowo p.4
linked org Citra Borneo Utama Tbk. p.5 ×2
possible org Sawit Sumbermas Sarana Tbk p.6 ×11
unresolved org PT SML p.5
unresolved org ATK PTE. LTD p.11 ×2
unresolved org China-Base Resource Singapore PTE. LTD p.11 ×2
unresolved org Eco Comodity PTE LTD p.11 ×2
unresolved org Borneo Agri-Resources International PTE. LTD p.11 ×2
unresolved org Portion Olam Global Agri PTE. LTD p.11
unresolved org PT MPP p.13
unresolved org PT SMU p.13
unresolved org PT TSA p.13
unresolved org PT MKM p.13 ×2
unresolved org PT MKM RSPO p.13
unresolved person RSPO · Member p.13
unresolved person Traceability · Member p.13
unresolved org PT SSS p.14
unresolved org PT KSA p.14
unresolved org PT MMS Kawasan p.14
unresolved person H. Udan Said p.17

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