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                                                        Strengthening                   Advancing

LAPORAN keberlanjutan 2025
                                                        FoundationS Progress




Selamat datang di Laporan Keberlanjutan PT Steel Pipe Industry of           Welcome to the Sustainability Report of PT Steel Pipe Industry of
Indonesia Tbk (PT SPINDO Tbk). PT Steel Pipe Industry of Indonesia          Indonesia Tbk (PT SPINDO Tbk). In this report, PT Steel Pipe Industry
Tbk dan entitasnya dalam laporan ini selanjutnya disebut “SPINDO”,          of Indonesia Tbk and its entities will be referred to as “SPINDO”, “We”,
“Kami”, “Perusahaan”, atau “Perseroan”. Laporan ini merupakan               “the Company” or “the Corporation”. The Report is the fifth
Laporan Keberlanjutan kelima yang disusun oleh SPINDO dalam                 Sustainability Report prepared by SPINDO which aims to present the
upaya menyajikan dampak atas berbagai aktivitas perusahaan di sisi          impacts that emerged from the Company’s various activities from
ekonomi, lingkungan dan sosial.                                             economic, social and environmental aspects.


Melalui laporan ini dapat pula dinilai sampai sejauh mana kontribusi        This report also indicates on how far along has SPINDO’s contribution
SPINDO dalam pencapaian sasaran Pembangunan Berkelanjutan                   made in the race of achieving Sustainable Development Goals/SDGs).
(Sustainable Development Goals / SDGs). Laporan ini mencakup                This report covers the Company’s strategies, initiatives, and
strategi, inisiatif, dan kinerja Perusahaan di bidang lingkungan, sosial    performance on environmental, social and governance (“ESG”) issues
dan tata kelola (“ESG”) serta aspek people, planet dan profit (“3P”)         as well as the aspects of people, planet and profit (“3P”) for the
untuk periode pelaporan mulai 1 Januari 2025 hingga 31 Desember             reporting period from January 1st, 2025 to December 31st, 2025 and
2025 dan diterbitkan setiap tahun. Laporan ini disusun setiap               published annually. This report is presented annually in order to
tahunnya guna mengukur upaya perbaikan yang dilakukan                       assess the improvement that Company carries out every year.
Perusahaan dari tahun ke tahun.




        kinerja ekonomi                   kinerja sosial                   kinerja lingkungan            indeks pojk & standar gri
                                                                      environmental performance                                                        a
     economic performance              social performance                                                pojk & gri standard index
Page 4
                                 Strengthening                    Advancing
                                 FoundationS Progress                                                           2025 Sustainability Report




    Ruang Lingkup dan Batasan Pelaporan
    Reporting Scope and Boundary
    Isi dari laporan ini mencakup kinerja keberlanjutan dari kegiatan     The contents of this report disclose the sustainability
    operasional Perseroan dan seluruh entitas anaknya.                    performance of the Company’s operations and all of its
                                                                          subsidiaries.




    Kerangka dan Acuan Pelaporan
    Reporting Framework and Guidelines
    Laporan ini diterbitkan sesuai dengan kondisi Perseroan               This report has been prepared in accordance with the
    sepanjang tahun 2025 dengan mengacu pada ketentuan yang               Company’s condition throughout 2025 with respect to
    termaktub dalam:                                                      provisions in:
    Ÿ   POJK No. 51/POJK.03/2017 tentang Penerapan Keuangan               Ÿ      POJK No. 51/POJK.03/2017 regarding Sustainable Finance
        Berkelanjutan Perusahaan Publik;                                         Implementation of Publicly Listed Company;
    Ÿ   SEOJK No. 16/SEOJK.04/2021 tentang Bentuk dan Isi                 Ÿ      SEOJK No. 16/SEOJK.04/2021 regarding the Format and
        Laporan Tahunan Emiten atau Perusahaan Publik;                           Content of Annual report of Publicly Listed Company;
    Ÿ   Global Reporting Initiative (GRI) Standards; dan                  Ÿ      Global Reporting Initiative (GRI) Standards; and
    Ÿ   Sustainable Development Goals (SDGs).                             Ÿ      Sustainable Development Goals (SDGs).




                              TEntang kami             strategi keberlanjutan                   Profil Perusahaan              tata kelola keberlanjutan
b                               about us               sustainability strategy                  Corporate Profile                corporate governance
Page 5
                                                                Strengthening                Advancing

LAPORAN keberlanjutan 2025
                                                                FoundationS Progress




         Informasi terkait aspek keberlanjutan yang disajikan di dalam                The information related to sustainability aspects presented in
         laporan ini telah disiapkan sesuai dengan Standar GRI: Pilihan               this report has been prepared in accordance with the GRI
         inti              . Pemenuhan indikator dan topik material tersebut          Standards: Core options [102-54]. Fulfilment of the indicators and
                [102-54]



         ditandai dengan mencantumkan kode angka dalam kurung                         material topics is marked by affixing the numbered codes in
         pada bagian akhir paragraf. Selain itu, Indeks standar GRI juga              brackets written at the end of paragraphs. In addition, GRI
         tersedia di dalam laporan ini sebagai navigasi untuk me-                     Standards Index is also available in this report as navigation to
         mudahkan dalam mendapatkan informasi yang diperlukan                     .   ease in obtaining the required information [102-55].
                                                                           [102-55]




         Pada Laporan Keberlanjutan 2025, Perseroan belum                             On the Sustainability Report 2025, the Company has not
         melakukan proses assurance namun Perseroan telah                             performed assurance process, however the Company has
         melakukan verifikasi dan validasi secara internal atas data-data              conducted internal verification and validation on the data
         yang disajikan dalam laporan ini                   .
                                                [G.1][102-56]
                                                                                      presented in this report. [G.1][102-56].


         Kami sangat menghargai saran, masukan, dan pertanyaan dari                   We very much appreciate every suggestion, input, and inquiry
         para pemangku kepentingan atas data dan informasi yang                       from stakeholders on the data and information presented in this
         disajikan dalam Laporan ini. Untuk menyampaikannya kepada                    report. The report can be submitted by filling out a form
         kami, dapat mengisi formulir yang ada di bagian “Feedback”,                  available in the “Feedback” section, chapter 8 [102-53]or in our
         bab 8 Laporan Keberlanjutan ini [102-53] atau di laman situs kami:           website www.spindo.com
         www.spindo.com




     kinerja ekonomi                         kinerja sosial                   kinerja lingkungan                  indeks pojk & standar gri
                                                                         environmental performance                                                        c
  economic performance                    social performance                                                      pojk & gri standard index
Page 6
                               Strengthening                 Advancing
                               FoundationS Progress                                                     2025 Sustainability Report




              Daftar Isi
              Table of Contents
    Bab        Isi                                                                                                    Halaman
    Chapter    Contents                                                                                               Pages


              Tentang Kami                                         About Us

      1
                                                                                                                                1
              Strengthening Foundations, Advancing Progress                                                                     2
              Ikhtisar Kinerja Keberlanjutan                       Sustainability Performance Highlight                         3
                  n Kinerja Ekonomi tahun 2025                          n Economic Performance in 2025                          3
                  n Kinerja Sosial tahun 2025                           n Social Performance in 2025                            4
                  n Kinerja Lingkungan tahun 2025                       n Environmental Performance in 2025                     6
              Peristiwa Penting tahun 2025                         Events Highlight in 2025                                     7
              Penghargaan tahun 2025                               Awards in 2025                                               8


              Strategi Keberlanjutan                               Sustainability Strategy

    2
                                                                                                                                9
              Sambutan Direksi                                     Board of Directors’ Message                                 10


              Profil Perusahaan                                     Corporate Profile

    3
                                                                                                                               17
              Data Perusahaan                                      Corporate Data                                              18
              Komposisi Pemegang Saham                             Composition of Shareholders                                 20
              Bidang Usaha, Produk & Jasa                          Business Lines, Products & Services                         24
              Skala Usaha                                          Company Scale                                               30
              Rantai Kegiatan Usaha Bisnis                         Business Activity Chain                                     30
              Perubahan Emiten & Perusahaan Publik                 Significant Changes to the Emiten & Public Company           31
              yang Bersifat Signifikan
              Struktur Organisasi                                  Organizational Structure                                    32
              Jejak Langkah                                        Milestones                                                  34
              Visi, Misi & Nilai-Nilai                             Vision, Mission & Corporate Values                          36
              Wilayah Operasi                                      Operational Areas                                           38
              Sertifikasi                                           Certifications                                               44
              Keanggotaan Organisasi & Asosiasi                    Organization & Association Membership                       46


              Tata Kelola Keberlanjutan                            Sustainability Governance

    4
                                                                                                                               47
              Etika & Integritas                                   Ethics & Integrity                                          49
              Struktur Tata Kelola Perusahaan                      Governance Structure                                        52
              Wewenang & Tanggung Jawab Eksekutif                  Executive Authorities and Responsibilities in               52
              dalam Tata Kelola Keberlanjutan                      Sustainability Governance
              Keefektifan Proses Manajemen Resiko                  Effectiveness of Risk Management Process                    56
              Kebijakan Remunerasi Dewan Komisaris                 Remuneration Policy for the Board of Commissioners          59
              dan Direksi                                          and the Board of Directors
              Keterlibatan Pemangku Kepentingan                    Stakeholder Engagement                                      60
              Penetapan dan Periode Laporan                        Determination & Reporting Period                            61




                            TEntang kami          strategi keberlanjutan                Profil Perusahaan          tata kelola keberlanjutan
d                             about us            sustainability strategy               Corporate Profile            corporate governance
Page 7
                                                       Strengthening                Advancing

LAPORAN keberlanjutan 2025
                                                       FoundationS Progress




         Bab              Isi                                                                                                   Halaman
         Chapter          Contents                                                                                              Pages


                         Kinerja Ekonomi                                    Economic Performance                                       65


         5               Membangun Budaya Berkelanjutan
                         Nilai Ekonomi Langsung yang dihasilkan dan
                         Didistribusikan
                                                                            Building A Sustainable Culture
                                                                            Direct economic value generated and distributed
                                                                                                                                       66
                                                                                                                                       67


                         Implikasi Finansial serta Resiko dan Peluang Lain Financial implications and other risks and opportunities    69
                         Akibat dari Perubahan Iklim                        due to climate change
                         Inovasi & Pengembangan Produk dan Jasa             Innovation & Development of Products and Services         70
                         Penilaian Dampak Kesehatan dan Keselamatan         Assessment of the Health and Safety Impacts               71
                         Produk dan Jasa                                    of Products and Services


                         Kinerja Sosial                                     Social Performance                                        77


        6                Berkomitmen untuk Meningkatkan Mutu
                         Kehidupan
                         Pengelolaan Sumber Daya Manusia
                                                                            Commitment to Improving The Quality of Life


                                                                            Human Resource Management
                                                                                                                                      78


                                                                                                                                      80
                         Komitmen Perseroan terhadap Hak Asasi Manusia      Company Commitment to Human Rights                        84
                         Komitmen Perseroan terhadap Pengembangan           Company Commitment to Employee Development                88
                         Karyawan
                         Keselamatan & Kesehatan Kerja (K3)                 Occupational Safety & Health (OSH)                        98
                         Pengembangan Masyarakat                            Community Development                                     105


                         Kinerja Lingkungan                                 Environmental Performance                                 119


         7               Produksi Dalam Keberlanjutan
                         Material yang Digunakan Untuk Proses
                         Manufaktur
                                                                            Production in Sustainability
                                                                            Materials Used for Manufacturing Processes
                                                                                                                                      120
                                                                                                                                      122


                         Konsumsi Energi dalam Produksi                     Energy Consumption in Production                          124
                         Pemanfaatan Air                                    Water Utilization                                         132
                         Emisi dan Gas Buang                                Emission and Exhaust Gasses                               133
                         Keanekaragaman Hayati                              Biodiversity                                              137
                         Pengelolaan Limbah Berbahaya                       Disposal Method of Hazardous Waste                        138
                         Ketidakpatuhan Terhadap Undang-Undang              Non Compliance with Environmental Laws &                  140
                         dan Peraturan Lingkungan Hidup                     Regulations


                         Indeks POJK & Standar GRI                          POJK & GRI Standard Index                                 141


        8                Indeks POJK
                         Indeks Isi Standar GRI
                                                                            POJK Index
                                                                            GRI Standard Content Index
                                                                                                                                      142
                                                                                                                                      145




     kinerja ekonomi                     kinerja sosial                kinerja lingkungan           indeks pojk & standar gri
                                                                  environmental performance                                                 e
  economic performance                social performance                                            pojk & gri standard index
Page 8
       Strengthening              Advancing
       FoundationS Progress                                      2025 Sustainability Report




                   Halaman ini sengaja dikosongkan
                   This page is intentionally left blank




    TEntang kami       strategi keberlanjutan    Profil Perusahaan        tata kelola keberlanjutan
f     about us         sustainability strategy   Corporate Profile          corporate governance
Page 9
                             Strengthening   Advancing

LAPORAN keberlanjutan 2025
                             FoundationS Progress




                TENTANG
                KAMI
                About us
                                                         1



                                                             1   1
Page 10
                                Strengthening                    Advancing
                                FoundationS Progress                                                        2025 Sustainability Report




    Strengthening foundations
    advancing progress
    Kami, SPINDO adalah perusahaan pipa baja yang berkomitmen                   We, SPINDO are a steel pipe company committed to delivering
    untuk memberikan kekuatan, keandalan, dan nilai jangka panjang              strength, reliability, and long-term value to the industries we serve.
    kepada industri yang kami layani. Dengan tema “Strengthening                Under the theme “Strengthening Foundations, Advancing
    Foundations, Advancing Progress,” kami memainkan peran penting              Progress,” we play a vital role in supporting infrastructure
    dalam mendukung pengembangan infrastruktur, distribusi energi,              development, energy distribution, manufacturing, and national
    manufaktur, dan pertumbuhan nasional. Setiap pipa yang kami                 growth. Every pipe we produce is more than steel — it is a foundation
    produksi lebih dari sekadar baja — itu adalah fondasi untuk kemajuan.       for progress.


    Perjalanan kami didorong oleh tiga pilar inti. Pertama, Tanggung            Our journey is driven by three core pillars. First, Environmental
    Jawab Lingkungan. Kami terus meningkatkan proses kami untuk                 Responsibility. We continuously improve our processes to reduce
    mengurangi emisi, mengoptimalkan penggunaan energi, mengelola               emissions, optimize energy use, manage waste responsibly, and
    limbah secara bertanggung jawab, dan memastikan kepatuhan                   ensure compliance with environmental standards. We believe
    terhadap standar lingkungan. Kami percaya pertumbuhan industri              industrial growth must go hand in hand with environmental
    harus sejalan dengan pengelolaan lingkungan.                                stewardship.


    Kedua, Inovasi Teknologi. Melalui sistem manufaktur canggih,                Second, Technological Innovation. Through advanced
    otomatisasi, dan penelitian dan pengembangan berkelanjutan, kami            manufacturing systems, automation, and continuous research and
    meningkatkan kualitas produk, efisiensi operasional, dan                     development, we enhance product quality, operational efficiency, and
    keselamatan kerja. Inovasi memungkinkan kami untuk tetap                    workplace safety. Innovation enables us to remain competitive in an
    kompetitif dalam industri global yang terus berkembang.                     evolving global industry.


    Ketiga, Ekspansi Pasar. Kami memperkuat kemitraan, berekspansi              Third, Market Expansion. We strengthen partnerships, expand into
    ke pasar baru, dan beradaptasi dengan kebutuhan pelanggan yang              new markets, and adapt to dynamic customer needs. By building trust
    dinamis. Melalui membangun kepercayaan dan memberikan kualitas              and delivering consistent quality, we broaden our presence both
    yang konsisten, kami memperluas kehadiran produk kami baik di               domestically and internationally.
    dalam negeri maupun internasional.


    Pusat ketiga pilar ini merujuk kepada satu komitmen penting:                At the center of these three pillars lies one essential commitment:
    Keberlanjutan. Keberlanjutan memandu setiap keputusan yang kita             Sustainability. Sustainability guides every decision we make —
    buat — menyeimbangkan pertumbuhan ekonomi, tanggung jawab                   balancing economic growth, social responsibility, and environmental
    sosial, dan kepedulian terhadap lingkungan untuk memastikan                 care to ensure long-term resilience.
    ketahanan jangka panjang.


    Saat ini, industri baja menghadapi tantangan signifikan: persaingan          Today, the steel industry faces significant challenges: global
    global, fluktuasi harga bahan baku, transformasi teknologi yang              competition, fluctuating raw material prices, rapid technological
    cepat, dan peningkatan regulasi lingkungan.                                 transformation, and increasing environmental regulations.


    Ke depan, masa depan menuntut produksi yang lebih cerdas, operasi           Looking ahead, the future demands smarter production, greener
    yang lebih ramah lingkungan, transformasi digital, dan kemampuan            operations, digital transformation, and greater adaptability. By
    adaptasi yang lebih besar. Dengan memperkuat fondasi kita saat ini,         strengthening our foundations today, we are not only responding to
    kita tidak hanya menanggapi tantangan saat ini — kita juga                  present challenges — we are advancing progress toward a stronger,
    memajukan kemajuan menuju masa depan industri yang lebih kuat               more sustainable industrial future.
    dan berkelanjutan.




                             TEntang kami             strategi keberlanjutan                Profil Perusahaan              tata kelola keberlanjutan
2       1                      about us               sustainability strategy               Corporate Profile                corporate governance
Page 11
                                              Strengthening              Advancing

LAPORAN keberlanjutan 2025
                                              FoundationS Progress


Ikhtisar Kinerja Keberlanjutan
Sustainability Performance Highlight


Kinerja Ekonomi Tahun 2025
Economic Performance in 2025                                                    Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                               Expressed in million of Rupiah, unless otherwise stated



        Penjualan dan
        Pendapatan Jasa                                        Rp 5.932.797
        Sales and
        Service Revenue
                                                                                Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                               Expressed in million of Rupiah, unless otherwise stated



        Laba Periode
        Berjalan*                                                      Rp 534.216
        Income of the
        Period*

 *               Tahun Berturut-turut Pertumbuhan Pendapatan untuk Periode Tersebut
        3        Years Consecutive Growth in Income for the Period



                                                                                Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                               Expressed in million of Rupiah, unless otherwise stated



        Nilai Ekonomi yang
        Didistribusikan
        Distributed                                            Rp 5.575.838
        Economic Value

                                                                                Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                               Expressed in million of Rupiah, unless otherwise stated


        Nilai Ekonomi yang
        Ditahan
        Withdrawal                                                     Rp 475.656
        Economic Value


        kinerja ekonomi         kinerja sosial              kinerja lingkungan            indeks pojk & standar gri
                                                       environmental performance                                                  1      3
     economic performance    social performance                                           pojk & gri standard index
Page 12
                         Strengthening              Advancing
                         FoundationS Progress                                               2025 Sustainability Report




    Kinerja SOSIAL Tahun 2025
    Social Performance in 2025


    Kinerja Sosial Tahun 2025 | Social Performance in 2025



           Dana Tanggung Jawab
           Sosial Perusahaan
           Corporate Social                                        Rp 886.306.067
           Responsibility (CSR) Funds



    Kontribusi Kami kepada Masyarakat | Our Contribution to Society



      Iuran Rutin                                                  Dana Program
      Dana Kemasyarakatan                                          Pengembangan Masyarakat
      Regular Community Contribution Funds                         Community Development Program Funds




                  Rp 285.810.504                                                    Rp 600.495.563


     Program Vokasi Industri                                   SPINDO
     untuk Pelajar | Mahasiswa                             Pembangunan Infrastruktur Air Bersih di Desa Bulu, Gunungkidul
                                                           Clean Water Infrastructure Development Program in Bulu Village,
     Industrial Vocational Program for                     Gunungkidul Regency
     Students | College Students
                                                           Pipanisasi Air Bersih di Dusun Undakan, Kabupaten Wonosobo
                                                           Clean Water Pipeline Infrastructure in Undakan Hamlet,
                                                           Wonosobo Regency




                      TEntang kami       strategi keberlanjutan             Profil Perusahaan           tata kelola keberlanjutan
4      1                about us         sustainability strategy            Corporate Profile             corporate governance
Page 13
                                           Strengthening              Advancing

LAPORAN keberlanjutan 2025
                                           FoundationS Progress




Kontribusi Kami kepada Karyawan | Our Contribution to Employees



 Biaya Pelatihan Karyawan                                   Jam Pelatihan Karyawan
 Employee Training Costs                                    Employee Training Hours




                   Rp 636.236.000                                                        1.416

  Kematian Akibat Kecelakaan Kerja                          Sertifikasi Kompetensi Personil Kebakaran
  Deaths Due to Work Accidents                              FireFighter Competency Certification




                              0                                                 CLASS A, B, C, D


 SPINDO CUP 2025                               Penghargaan Karyawan
 2025 SPINDO CUP                               Teladan Tahun 2025
                                               2025 Exemplary Employee Award




 PENGHARGAAN 5R
 5R AWARD




      kinerja ekonomi        kinerja sosial              kinerja lingkungan       indeks pojk & standar gri
                                                    environmental performance                                 1   5
   economic performance   social performance                                      pojk & gri standard index
Page 14
                                Strengthening                     Advancing
                                FoundationS Progress                                                          2025 Sustainability Report



    Kinerja LINGKUNGAN Tahun 2025
    Environmental Performance in 2025

    Kinerja Lingkungan Tahun 2025 | Environmental Performance in 2025

           Biaya Pengelolaan
           Dampak Lingkungan
           Cost of Environmental                                                 Rp 6.067.876.669
           Impact Management

    Kontribusi Kami kepada Lingkungan | Our Contribution to the Environment

      Efisiensi Konsumsi Energi                                                      Efisiensi Konsumsi Air
      Efficiency of Energy Use                                                       Efficiency of Water Use



                                              1,8%                                                                          4,9%
      Peningkatan Kapasitas Sel                                                     Laporan Dampak Lingkungan
      Surya Tahun 2024-2025                                                         Dari Masyarakat
      Solar Cell Capacity Increase                                                  Environmental Impact Reports
      in 2024-2025                                                                  from The Community



                                                  5%                                                                                  0
                                                                                                                            [ZERO REPORT]

      Laporan Pencapaian Obligasi Terkait Keberlanjutan
      Sustainability-Linked Bond Achievement Report
      Kinerja yang sangat baik oleh SDGs Hub Universitas Indonesia         Excellent performance by the University of Indonesia's SDGs Hub
      sebagai Ahli Keberlanjutan untuk melakukan reviu atas Laporan        as Sustainability Experts to review the 2025 Sustainability-Linked
      Pencapaian Sustainability-Linked Bond (SLB) Tahun 2025,              Bond (SLB) Achievement Report.



      Sertifikasi Lingkungan Tahun 2025
      2025 Environmental Certification

                                   PROPER                                    ISO 14001                                  INDUSTRI
                                    Plant 1, 3, 5, 6 dengan
                                    Peringkat “BIRU”                         2015                                       HJAU
                                    Plant 1, 3, 5, 6 with                    Plant 3 & 4 SAI GLOBAL
                                    “BLUE” Rating                            Plant 3 & 4 SAI GLOBAL                     Plant 3


                             TEntang kami              strategi keberlanjutan                 Profil Perusahaan                 tata kelola keberlanjutan
6      1                       about us                sustainability strategy                Corporate Profile                   corporate governance
Page 15
                                                   Strengthening                   Advancing

LAPORAN keberlanjutan 2025
                                                   FoundationS Progress

Peristiwa Penting Tahun 2025 [102-12]
Event Highlight in 2025


                                                                                        10 September 2025
                   Penghargaan Corporate
                   Secretary Champion 2025
                   Corporate Secretary Champion 2025 Awards
                          SPINDO pertama kalinya meraih penghargaan dari
                          SWA Media Group.


                          SPINDO received an award from SWA Media Group
                          for the first time.




                                                          26 Oktober 2025
                   SPINDO Cup 2025
                   2025 SPINDO Cup
                          Program olahraga internal Perseroan berupa futsal,
                          voli, badminton, e-sports dan tenis meja untuk
                          mendukung kebersamaan dan sportivitas.


                          The Company's internal sports programs include
                          futsal, volleyball, badminton, e-sports and table
                          tennis to support togetherness and sportsmanship.




                                                                                         10 November 2025
                   Groundbreaking Depo Karawang
                   Groundbreaking of Karawang Depot
                          Untuk mempercepat distribusi & memperluas layanan
                          pasokan, SPINDO Depo Kerawang mulai beroperasi.


                          To accelerate distribution & expand supply services,
                          SPINDO Depo Kerawang began operations..




                                                                      26 November 2025
                   Top CSR of the Year

                          CSR “SPINDO Peduli” mendapat pengakuan dari
                          INFOBRAND.ID dan TRAS N CO Indonesia.


                          CSR “SPINDO Peduli” received recognition from
                          INFOBRAND.ID and TRAS N CO Indonesia.




      kinerja ekonomi                kinerja sosial                   kinerja lingkungan       indeks pojk & standar gri
                                                                 environmental performance                                 1   7
   economic performance           social performance                                           pojk & gri standard index
Page 16
                          Strengthening                       Advancing
                          FoundationS Progress                                                     2025 Sustainability Report



    PENGHARGAAN Tahun 2025 [102-12]
    Award in 2025


               Best Sustainalibility-Linked
               Transaction 2024
               Alpha Southeast Asia



                                                                                             Maret | March 2025



                                              Best Stock Awards 2025 Kategori
                                              Kapitalisasi Middle Caps Sektor
                                              Best Stock Awards 2025, Middle Caps, Raw Materials Sector


                                              Investortrus


                                         25 Februari | February 2025




                                              Best Sharia                   Corporate Secretary
                                              Award 2025                        Champion 2025

                                              Investortrust                                SWA Media Group



                                        30 September | September 2025          10 September | September 2025



                        Best of The Best                                    Top CSR of The
                    BestBuilding  & Structure
                         Sustainalibility-Linked                                 Year 2025
                        Pipes Category
                    Transaction 2024
                                                                                 INFOBRAND.ID dan
                          IndoBuildTech
                    18th Annual BorrowerAwards   2025 2024
                                         Issuer Awards                                     TRAS N CO
                    Alpha Southeast Asia

                        05 Juli | July 2025




                           Vendor dengan Kinerja Delivery
                              Terbaik Periode Tahun 2025
                              Vendor with the Best Delivery Performance Period


                                                              PT Chandra Nugerahcipta




                       TEntang kami               strategi keberlanjutan           Profil Perusahaan              tata kelola keberlanjutan
8     1                  about us                 sustainability strategy          Corporate Profile                corporate governance
Page 17
                             Strengthening   Advancing

LAPORAN keberlanjutan 2025
                             FoundationS Progress




               strategi
               keberlanjutan
               sustainability strategy
                                                         2



                                                             2   9
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                                     Strengthening                      Advancing
                                     FoundationS Progress                                                                2025 Sustainability Report



     Sambutan Direksi [D.1][102-14,15]
     Board of Directors Message




     Dengan bangga saya menyampaikan Laporan Keberlanjutan Tahunan                     I am proud to present SPINDO's 2025 Annual Sustainability Report,
     SPINDO tahun 2025 dengan tema “Strengthening Foundations, Advancing               introducing the theme of “Strengthening Foundations, Advancing Progress.”
     Progress" – “Memperkuat Pondasi, Mendorong Kemajuan”. Dalam industri              In the steel pipe industry, true strength lies not only in the materials we use but
     pipa baja, kekuatan tidak hanya terletak pada material yang kita gunakan,         also in our agility to adapt and ability to lead.
     tetapi juga pada kemampuan kita untuk beradaptasi dan memimpin.


     Seiring dengan transformasi produksi oleh kecerdasan buatan dan                   While artificial intelligence has profoundly transformed our production
     meningkatnya tuntutan lingkungan, kita menghadapi tantangan                       processes and environmental issues have become of greater concern to the
     sekaligus peluang. Melalui inovasi, keberlanjutan, dan ketelitian, kita           many, nowadays we are faced with daunting challenges and exciting
     memperkuat pondasi kita dan mendorong kemajuan industri yang                      opportunities. By fostering innovation, ensuring sustainability and continuously
     bertanggung jawab.                                                                striving to achieve precision, we are creating stronger foundations for our
                                                                                       Company and accelerating progress toward a responsible industry.



     Komitmen Terhadap Keberlanjutan | Commitment to Sustainability
     Di tengah meningkatnya peristiwa iklim yang menimbulkan risiko yang               Despite the fact that climate events are on the rise and pose growing risks to
     semakin besar bagi dunia usaha secara global, laporan ini menyajikan              the global business, this report highlights the Company's progress that we
     kemajuan yang telah kami capai dalam memperkuat praktik keberlanjutan di          have managed to achieve to date as we are improving sustainable business
     seluruh aspek lingkungan, sosial dan tata kelola yang menjadi prioritas kami,     practices across the Environmental, Social, and Governance (ESG) priorities,
     sekaligus meningkatkan ketangguhan organisasi kami.                               while simultaneously promoting our organizational resilience.




                                 TEntang kami                strategi keberlanjutan                   Profil Perusahaan                    tata kelola keberlanjutan
10       2                         about us                  sustainability strategy                  Corporate Profile                      corporate governance
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                                                                Strengthening                        Advancing

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                                                                FoundationS Progress




SPINDO berkomitmen untuk menerapkan prinsip keberlanjutan dalam setiap                 SPINDO has demonstrated its commitment to adhere to sustainability
aspek kegiatan usaha. Komitmen ini diwujudkan melalui integrasi aspek                  principles in every aspect of its business operations. Such commitment is
environmental, social and governance lingkungan (ESG) dalam strategi bisnis            reinstated in part by incorporating ESG considerations into the Company's
dan pengambilan keputusan perusahaan. Dengan mengacu pada ketentuan                    business strategy and corporate decision-making. Fully complying with the
yang ditetapkan oleh Otoritas Jasa Keuangan, perusahaan terus berupaya                 regulations set by Indonesia's Financial Services Authority (OJK), the
meningkatkan praktik bisnis yang bertanggung jawab serta memberikan nilai              Company actively engages in responsible business practices and consistently
tambah bagi seluruh pemangku kepentingan.                                              delivers values to all stakeholders.


Kerangka Kerja Keberlanjutan kami ditindaklanjuti dengan serangkaian target            The Company's Sustainability Framework is operationalized by setting clear
yang jelas dan Indikator Kinerja Utama (IKU) untuk memantau kinerja ESG dan            targets and Key Performance Indicators (KPIs) that are designed to monitor
mengukur kemajuan dalam mencapai tujuan keberlanjutan kami.                            our ESG performance and measure progress against achievement of the
Pertimbangan ESG telah terintegrasi dengan baik dalam kebijakan                        sustainability goals. ESG considerations are properly integrated into our
perusahaan dan proses pengambilan keputusan kami, dengan pengawasan                    corporate policies and decision-making processes under a close supervision
dari jajaran Direksi.                                                                  of the Board of Directors.


Kami memandang keberlanjutan sebagai fondasi penting dalam menciptakan                 In our view, sustainability provides a solid foundation for sustaining a future
pertumbuhan jangka panjang. Melalui penerapan ESG, perusahaan turut serta              growth. By applying the ESG principles, the Company has much contributed to
berkontribusi dalam agenda besar Tujuan Pembangunan Berkelanjutan –                    the Sustainable Development Goals (SDGs)—a global agenda established by
Sustainable Development Goals (SDGs) merupakan agenda global yang                      the United Nations to address critical global challenges, such as climate
ditetapkan oleh Perserikatan Bangsa-Bangsa untuk mengatasi berbagai                    change, poverty and social inequality by 2030.
tantangan dunia, seperti perubahan iklim, kemiskinan, dan ketimpangan sosial
hingga tahun 2030.




Strategi Keberlanjutan Perseroan | The Company's Sustainability Strategy
Sebagai salah satu produsen pipa baja terbesar di Indonesia, SPINDO                    As one of Indonesia's largest steel pipe manufacturers, SPINDO is committed
berkomitmen untuk menjalankan kegiatan usaha yang berkelanjutan dengan                 to conducting sustainable business operations by integrating economic,
mengintegrasikan aspek ekonomi, sosial, dan lingkungan dalam strategi                  social, and environmental considerations into the Company's business
bisnis perusahaan.                                                                     strategy.


Perseroan memandang keberlanjutan sebagai fondasi penting dalam                        In SPINDO's view, sustainability forms an important basis for maintaining a
menjaga pertumbuhan jangka panjang serta menciptakan nilai tambah bagi                 long-term growth and creating value for stakeholders. To this end, the
seluruh pemangku kepentingan. Oleh karena itu, Perseroan terus                         Company continues to create a range of strategic initiatives that are designed
mengembangkan berbagai inisiatif strategis yang berfokus pada peningkatan              to boost operational efficiency, spur product innovation, assist human
efisiensi operasional, inovasi produk, pengembangan sumber daya manusia,                resources development, and facilitate the implementation of environmentally-
serta penerapan praktik industri yang ramah lingkungan.                                friendly industrial practices.


Pada tahun 2025, strategi keberlanjutan Perseroan difokuskan pada                      In 2025, the Company's sustainability strategy focused on the following key
beberapa prioritas utama, yaitu:                                                       priorities:
1.   Penguatan tata kelola perusahaan yang baik guna meningkatkan                      1.   Improvement of good corporate governance aimed at enhancing
     transparansi, akuntabilitas, serta pengelolaan risiko yang lebih efektif.              transparency, accountability, and risk management.
2.   Pengembangan produk pipa baja untuk menjangkau pasar domestik                     2.   Expansion of steel pipe product line-up aimed at reaching domestic
     yang sebelumnya belum terlayani secara optimal.                                        markets that were previously underserved.




         kinerja ekonomi                        kinerja sosial                        kinerja lingkungan                indeks pojk & standar gri
                                                                                 environmental performance                                                     2         11
      economic performance                   social performance                                                         pojk & gri standard index
Page 20
                                      Strengthening                      Advancing
                                      FoundationS Progress                                                             2025 Sustainability Report




     3.   Peningkatan kapasitas dan efisiensi produksi melalui pembangunan               3.   Increase of production capacity and efficiency by building SPINDO Park –
          SPINDO Park – Plant 7 yang dilengkapi dengan teknologi mesin canggih               Plant 7, which is equipped with advanced robotic technology and
          berbasis robotik.                                                                  machinery.
     4.   Pengembangan kawasan industri berbasis lingkungan melalui                     4.. Establishment of an environmentally-friendly industrial zone by
          pembangunan fasilitas produksi yang memperhatikan efisiensi energi                  constructing production facilities that prioritize energy efficiency and
          dan keberlanjutan lingkungan.                                                      environmental sustainability.


     Strategi Keberlanjutan tersebut menjaga keseimbangan antara pertumbuhan            SPINDO's sustainability strategy is devised to strike a fine balance between
     bisnis dan tanggung jawab sosial serta lingkungan.                                 business growth and socio-environmental responsibility.




     Kinerja Ekonomi | Economic Performance
     Perseroan berupaya menjaga kinerja ekonomi yang stabil dan berkelanjutan           No effort has been spared by the Company to maintain an economic stability
     melalui pengelolaan bisnis yang prudent, inovatif, dan berorientasi pada nilai     and achieve a consistent business performance by providing a prudent and
     jangka panjang. Perusahaan juga berkomitmen untuk memberikan kontribusi            innovative business management that is oriented toward long-term values.
     positif terhadap perekonomian melalui penciptaan lapangan kerja,                   We are also committed to making positive contributions to the economy by
     peningkatan nilai bagi pemegang saham, serta dukungan terhadap                     creating jobs, enhancing shareholder value, and supporting the national
     pertumbuhan ekonomi nasional.                                                      economic growth.


     Sepanjang tahun 2025, Perseroan mencatat berbagai inisiatif strategis dalam        Throughout 2025, the Company had implemented various strategic initiatives
     mendukung pertumbuhan ekonomi yang berkelanjutan. Fokus utama Perseroan            to achieve a sustainable economic growth. Our primary focus remained on
     adalah meningkatkan tata kelola perusahaan yang lebih baik guna memperkuat         improving corporate governance, bolstering transparency, and maintaining
     transparansi serta meningkatkan kepercayaan pemangku kepentingan.                  stakeholder's trust.


     Perseroan juga terus mengembangkan produk pipa baja guna memenuhi                  The Company has continued to create a diverse range of steel pipe
     kebutuhan pasar domestik yang terus berkembang, khususnya pada segmen              products in order to meet evolving domestic market demands, particularly
     pasar yang sebelumnya belum terlayani secara optimal di Indonesia. Salah           in segments that were previously underserved in Indonesia.                 A key
     satu produk baru kami adalah Slotted Tube yang digunakan sebagai                   addition to our portfolio is the Slotted Tube, a structural component used
     komponen struktural untuk memperkuat terowongan, yang dibutuhkan dalam             to reinforce tunnels, which is currently in high demand for various national
     berbagai pembangunan infrastruktur Indonesia saat ini.                             infrastructure projects.


     Selain itu, pembangunan SPINDO Park – Plant 7 menjadi salah satu langkah           Furthermore, the development of SPINDO Park – Plant 7 marks a significant
     penting dalam strategi ekspansi Perseroan. Fasilitas produksi ini dirancang        milestone in the Company's expansion strategy. This production facility is
     dengan teknologi mesin modern berbasis robotik yang mampu meningkatkan             engineered with modern robotic machinery capable of enhancing production
     efisiensi produksi, kualitas produk, serta daya saing Perseroan di industri         efficiency, product quality, and the Company's overall competitiveness within
     manufaktur baja. Pengembangan kawasan industri Plant 7 juga mengusung              the steel manufacturing industry. The development of the Plant 7 industrial
     konsep kawasan industri hijau yang memperhatikan aspek keberlanjutan               zone also adopts a green industrial park concept, prioritizing environmental
     lingkungan dalam operasionalnya.                                                   sustainability throughout its operations.


     Selain itu, perusahaan terus memperkuat tata kelola perusahaan yang baik           In addition, we are more than willing to strengthen Good Corporate
     guna memastikan transparansi, akuntabilitas, serta kepatuhan terhadap              Governance (GCG) so as to ensure transparency, accountability and full
     regulasi yang berlaku.                                                             compliance with applicable regulations.


     Kinerja ekonomi Perseroan telah berkontribusi terhadap pencapaian SDGs 9           The Company's economic performance has directly contributed to the
     (Industri, Inovasi dan Infrastruktur) telah diwujudkan melalui pengembangan        achievement of SDG 9 (Industry, Innovation, and Infrastructure), as evidenced
     teknologi industri dan infrastruktur produksi.                                     by the advancement of our industrial technology and production facility.




                                   TEntang kami               strategi keberlanjutan                  Profil Perusahaan                  tata kelola keberlanjutan
12        2                          about us                 sustainability strategy                 Corporate Profile                    corporate governance
Page 21
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Kinerja Sosial | Social Performance
Komitment terhadap Pengembangan dan Kesejahteraan Karyawan                           Commitment to Employee Development and Welfare
Perseroan terus berupaya menciptakan lingkungan kerja yang produktif, aman,          The Company consistently seeks to create a productive, safe, and conducive
dan kondusif bagi seluruh karyawan. Hal ini sebagai kontribusi Perseroan             work environment for all employees. This constitutes our contribution toward
terhadap pencapaian SDGs 8 (Pekerjaan Layak dan Pertumbuhan Ekonomi).                achieving SDG 8 (Decent Work and Economic Growth).


Selama tahun 2025, Perseroan telah menyelenggarakan Gathering Annual Meeting         During 2025, the Company held the 2025–2026 Annual Meeting and
2025–2026 yang bertujuan untuk memperkuat sinergi antar karyawan serta               Gathering, aimed at strengthening employee synergy and formulating future
merumuskan arah dan strategi perusahaan ke depan dengan berlandaskan pada            corporate strategies based on the year's achievements. As a form of
pencapaian yang telah diraih sepanjang tahun. Perseroan juga menyelenggarakan        appreciation for employee contributions, the Company presented Exemplary
penghargaan Karyawan Teladan kepada individu yang menunjukkan kinerja unggul,        Employee Awards to individuals demonstrating an excellent performance,
inisiatif positif, serta komitmen tinggi terhadap pengembangan diri dan loyalitas    innovative initiatives, a firm commitment to self-development, and a loyalty
kepada perusahaan sebagai bentuk apresiasi terhadap kontribusi karyawan,             toward the Company.


Perseroan menyediakan berbagai program pelatihan dan pengembangan                    The Company provides various training and competency development
kompetensi guna meningkatkan kualitas sumber daya manusia. Program ini               programs to enhance the quality of human resources. These programs are
bertujuan untuk meningkatkan keterampilan teknis maupun non-teknis                   designed to upgrade employees' technical and non-technical skills,
karyawan sehingga mampu mendukung peningkatan kinerja perusahaan.                    allowing them to take part in the Company's improvement scheme. As
Sebagai dukungan terhadap aspek Keselamatan dan Kesehatan Kerja (K3),                part of the efforts to support Occupational Safety and Health (OSH)
Perseroan setiap tahun menyelenggarakan sertifikasi bagi personel pemadam             initiatives, the Company conducts annual certifications for internal
kebakaran internal guna meningkatkan kesiapsiagaan dalam menghadapi                  firefighting personnel to bolster preparedness against potential
potensi risiko di lingkungan kerja.                                                  workplace risks.


Untuk meningkatkan kebersamaan dan kesehatan karyawan, Perseroan juga                To foster a sense of community and promote employee health and well-being,
menyelenggarakan kegiatan SPINDO Cup sebagai ajang olahraga yang                     the Company also organized SPINDO Cup, a sporting event designed to
mendorong kerja sama tim serta mempererat hubungan antar karyawan.                   encourage teamwork and strengthen relationships among employees.


Kontribusi kepada Masyarakat                                                         Social Contribution
Perseroan berkomitmen untuk memberikan kontribusi positif kepada                     The Company is dedicated to making a positive impact on communities in
masyarakat di sekitar wilayah operasional dan wilayah lain yang                      need living in our operational areas and around other surrounding regions by
membutuhkan melalui berbagai program tanggung jawab sosial perusahaan.               running various corporate social responsibility programs. We carry out
Perseroan melaksanakan pembangunan infrastruktur melalui program CSR                 infrastructure development work and undertake a series of thematic CSR
Tematik yang bernama SPINDO Peduli.                                                  initiatives bearing the name of SPINDO Peduli (SPINDO Care).


Selama tahun 2025, kami telah melaksanakan program ini di 2 (dua) tempat             In 2025, we administered the program in two different locations: Padukahan
berbeda, yaitu di Desa Padukahan Bulu, Kecamatan Karangmojo, Kabupaten               Bulu Village (Karangmojo Subdistrict, Gunungkidul Regency, Special Region
Gunungkidul dan Dusun Undakan, Desa Tempurejo, Kecamatan Kalibawang,                 of Yogyakarta); and Undakan Hamlet (Tempurejo Village, Kalibawang
Kabupaten Wonosobo, Jawa Tengah. Program ini bertujuan untuk                         Subdistrict, Wonosobo Regency, Central Java). These programs were
meningkatkan fasilitas umum dan mendukung kesejahteraan masyarakat                   primarily aimed at improving public facilities and contributing to the people's
setempat.                                                                            well-being.


Pembangunan pertama adalah Infrastruktur Air Bersih di Desa Padukahan                The first project involved Clean Water Infrastructure in Padukahan Bulu
Bulu, Kecamatan Karangmojo, Kabupaten Gunungkidul; Pekerjaan                         Village, Karangmojo District, Gunungkidul. This infrastructure work had been
infrastruktur ini dilaksanakan sepanjang bulan Mei 2025 dengan peresmian             carried out throughout May 2025, with the official inauguration




         kinerja ekonomi                      kinerja sosial                        kinerja lingkungan               indeks pojk & standar gri
                                                                               environmental performance                                                      2        13
      economic performance                 social performance                                                        pojk & gri standard index
Page 22
                                     Strengthening                     Advancing
                                     FoundationS Progress                                                            2025 Sustainability Report




     diadakan pada 11 Juni 2025. Pemilihan lokasi berdasarkan pada                    held on June 11, 2025. The site was selected based on the community's critical
     pertimbangan kebutuhan masyarakat akan infrastruktur air bersih karena           need for clean water infrastructure, as the area being adversely affected by
     selalu mengalami kekeringan pada musim kemarau. Kami melakukan                   water shortage during the dry season. We coordinated closely with the
     koordinasi dengan Dinas SDA PUPR Kabupaten Gunungkidul yang                      Gunungkidul Regency Public Works, Housing, and Water Resources Office
     menyatakan lokasi ini sebagai salah satu prioritas pembangunan.                  (Dinas SDA PUPR), which identified the location as a development priority.


     Pembangunan saluran pipa air bersih sepanjang hampir 1 (satu) kilometer          The construction of a clean water pipeline spanning nearly one kilometer
     menghubungkan sumber air dari sumur bor ke area permukiman warga.                connected the water source from a borehole to residential areas. This project was
     Proses pembangunan dilakukan melalui kolaborasi antara tim eksternal             completed through a collaborative effort involving SPINDO's external team, the
     SPINDO, Dinas PUPR Kabupaten Gunungkidul, dan Aparat Desa, serta                 Gunungkidul Regency Public Works and Housing Office (PUPR), village officials,
     masyarakat secara gotong royong.                                                 and the local communities working together in mutual cooperation.


     Pembangunan kedua berupa pipanisasi air bersih di Dusun Undakan, Desa            The second project involved installing clean water piping in Undakan
     Tempurejo, Kecamatan Kalibawang, Kabupaten Wonosobo, Jawa Tengah.                Hamlet, Tempurejo Village, Kalibawang District, Wonosobo Regency,
     Pekerjaan infrastruktur dilaksanakan selama bulan November hingga                Central Java, between November and December 2025. Although Undakan
     Desember 2025. Dusun Undakan sebelumnya telah memiliki sumur bor,                Hamlet previously utilized a borehole, the water was turbid due to sulfur
     namun kualitas air keruh karena mengandung belerang serta debit air yang         content and suffered from a low discharge rate. In contrast, a natural spring
     rendah. Sementara terdapat sumber mata air alami berjarak sekitar 850 meter      located approximately 850 meters from the settlement offered a viable
     dari permukiman warga.                                                           alternative.


     SPINDO menyalurkan pipa air bersih sepanjang kurang lebih 850 hingga             SPINDO supplied clean water pipes extending approximately 850 to 1,050
     1.050 meter dari sumber mata air alami yang selanjutnya didistribusikan ke       meters from the natural spring for distribution to residents' homes. In addition
     rumah-rumah warga. SPINDO menyediakan bantuan berupa pipa air bersih,            to the piping, SPINDO provided water storage reservoirs and essential
     reservoir penampungan air, dan material pendukung lainnya. Kerja sama ini        supporting materials. This initiative was implemented in partnership with the
     melibatkan masyarakat setempat, pemerintah desa, Dinas Pekerjaan Umum            local communities, the village government, and the Wonosobo Regency
     dan Perumahan Rakyat Kabupaten Wonosobo.                                         Public Works and Housing Office.


     Inisiatif pembangunan infrastruktur ini sejalan dengan Tujuan Pembangunan        These infrastructure initiatives align with the United Nations Sustainable
     Keberlanjutan - SDG 6 yaitu Air Bersih dan Sanitasi yang Layak dan SDG 11        Development Goals, specifically SDG 6 (Clean Water and Sanitation) and SDG
     yaitu Pembangunan Kota dan Komunitas Berkelanjutan.                              11 (Sustainable Cities and Communities).
                                                                                      .
     Perseroan berperan aktif dalam program pemberdayaan masyarakat dengan            The Company plays an active role in the community empowerment by
     pengembangan pendidikan vokasi bagi pelajar guna meningkatkan                    initiating vocational education programs for local students. These are
     keterampilan kerja serta mempersiapkan generasi muda yang siap                   designed to enhance employability skills of the younger generation and enable
     berkontribusi dalam dunia industri. Program ini bertujuan untuk:                 them to contribute effectively to the industrial sector. In this respect, the
     meningkatkan keterampilan teknis generasi muda, memperkuat kesiapan              program's key objectives include enhancing the technical skills of young talent,
     kerja lulusan pendidikan vokasi, serta mendukung terciptanya tenaga kerja        strengthening the job readiness of vocational school graduates, and
     industri yang kompeten.                                                          supporting the development of a competent industrial workforce.


     Inisiatif ini diharapkan dapat membantu menjembatani kebutuhan dunia             Such an initiative is intended to bridge the gap between educational outcomes
     pendidikan dengan kebutuhan industri manufaktur, serta selaras dengan SDG        and the requirements of the manufacturing industry, aligning with SDG 4
     4s yaitu peningkatan kualitas pendidikan.                                        (Quality Education).



     Kinerja Lingkungan | Environmental Performance
     Perseroan memiliki komitmen untuk menjalankan kegiatan operasional yang          The Company is committed to conducting its operations in an environmentally
     bertanggung jawab terhadap lingkungan. Inisiatif Perseroan dalam pengelolaan     responsible manner. The ongoing environmental management reflects our




                                 TEntang kami               strategi keberlanjutan                   Profil Perusahaan                  tata kelola keberlanjutan
14       2                         about us                 sustainability strategy                  Corporate Profile                    corporate governance
Page 23
                                                                    Strengthening                         Advancing

LAPORAN keberlanjutan 2025
                                                                    FoundationS Progress



lingkungan sebagai komitmen terhadap SDGs 7 (Energi Bersih dan                              commitment to SDG 7 (Affordable and Clean Energy), SDG 12 (Responsible
Terjangkau), SDGs 12 (Konsumsi dan Produksi yang Bertanggung Jawab) dan                     Consumption and Production), and SDG 13 (Climate Action). The Company's
SDGs 13 (Penanganan Perubahan Iklim); Kontribusi Perseroan terhadap                         contribution to these goals is evidenced by the adoption of renewable energy and
SDGs 7, SDGs 12 dan SDGs 13 diwujudkan dalam penggunaan energi                              the installation of solar panels at various production facilities, which have led to
terbarukan melalui implementasi panel surya di fasilitas produksi, yang                     greater resource efficiency. In addition, the Company has actively engaged in tree
berdampak positif dalam efisiensi penggunaan sumber daya. Selain itu,                        planting initiatives across all plant locations, the development of a green industrial
Perseroan juga melakukan penanaman pohon di lingkungan setiap plant,                        area at SPINDO Park – Plant 7, and the cultivation of an eco-conscious corporate
pengembangan kawasan industri hijau pada SPINDO Park – Plant 7,                             culture by launching the 5R program, which in Indonesian stands for Ringkas, Rapi,
penerapan budaya kerja berbasis lingkungan melalui program 5R (Ringkas,                     Resik, Rawat, Rajin, focusing the neat, tidy, clean, well-maintained, and diligent
Rapi, Resik, Rawat, Rajin).                                                                 aspects of the Company's operation.


Salah satu inisiatif utama adalah peningkatan efisiensi energi melalui                       In that regard, a key initiative is the enhancement of energy efficiency by
perluasan penggunaan panel surya di berbagai fasilitas produksi SPINDO.                     increasing the use of solar panels in SPINDO production facilities. We have
Program ini direncanakan terus berkembang secara bertahap sejak tahun                       planned to gradually expand the program from 2023 to 2025 as part of our
2023 hingga 2025 sebagai bagian dari upaya meningkatkan penggunaan                          efforts to increase the renewable energy consumption. The capacity is
energi terbarukan. Peningkatan kapasitas adalah sebesar 5% dari 650 kWp                     increased by a consistent 5% of 650 kWp annually.
dan bersifat tetap setiap tahunnya.


Pembangunan SPINDO Park – Plant 7 juga dirancang dengan konsep                              The development of SPINDO Park – Plant 7 is intended as an environmentally-
kawasan industri berbasis lingkungan yang mengintegrasikan teknologi                        based industrial zone, integrating modern technology with sustainable
modern dengan pengelolaan lingkungan yang berkelanjutan.                                    environmental management.


Selain itu, Perseroan menyelenggarakan Lomba 5R (Ringkas, Rapi, Resik,                      Additionally, the Company organizes the 5R Competition as part of the efforts
Rawat, Rajin) sebagai bagian dari upaya membangun budaya kerja yang                         to build a work culture that champions efficiency, cleanliness, and
mendukung efisiensi, kebersihan, dan keberlanjutan lingkungan di tempat kerja.               environmental sustainability in the workplace.


Perusahaan menyadari pentingnya menjaga kelestarian lingkungan sebagai                      The Company recognizes the importance of environmental conservation as
bagian dari tanggung jawab terhadap generasi mendatang. Oleh karena itu,                    part of the shared responsibility toward future generations. For this reason, the
perusahaan secara aktif menerapkan berbagai inisiatif pengelolaan lingkungan,               Company actively implements various environmental management initiatives,
antara lain efisiensi penggunaan energi, pengelolaan limbah secara                           including energy efficiency, responsible waste management, and reduction of
bertanggung jawab, serta pengurangan emisi dalam kegiatan operasional.                      operational emissions.


Perusahaan juga terus meningkatkan kesadaran karyawan terhadap praktik                      We also continue to foster employee awareness of eco-friendly practices by
ramah lingkungan melalui program edukasi dan implementasi kebijakan                         providing a variety of educational programs and adopting internal policies in
internal yang mendukung pengelolaan lingkungan yang berkelanjutan.                          support of sustainable environmental management.




Tata Kelola Keberlanjutan | Sustainability Governance
Struktur tata kelola SPINDO terdiri dari 3 (tiga) Organ Perusahaan yaitu:                   SPINDO's governance structure is comprised of three primary corporate bodies:
Ÿ   Rapat Umum Pemegang Saham (RUPS), Dewan Komisaris, dan Direksi.                         the General Meeting of Shareholders (GMS), the Board of Commissioners, and
    RUPS adalah forum pengambilan keputusan tertinggi bagi pemegang                         the Board of Directors.
    saham.                                                                                  Ÿ   The GMS serves as the highest decision-making authority for shareholders.
Ÿ   Dewan Komisaris memantau secara keseluruhan tingkat keberhasilan                        Ÿ   ·The Board of Commissioners (BOC) oversees the Company's overall
    kinerja Perusahaan.                                                                         performance the management conducted by the BOD.
Ÿ   D i re ks i m e m i l i k i kewe n a n g a n p e n u h d a l a m m e m b u a t d a n    Ÿ   The Board of Directors (bod) holds full executive authority to formulate
    mengambil keputusan serta memastikan implementasi setiap                                    strategies, make decisions, and ensure an effective implementation of all
    kebijakan di bidang keuangan, lingkungan, dan sosial.                                       policies across the ·financial, environmental, and social sectors.




        kinerja ekonomi                           kinerja sosial                           kinerja lingkungan                  indeks pojk & standar gri
                                                                                      environmental performance                                                            2         15
     economic performance                      social performance                                                              pojk & gri standard index
Page 24
                                      Strengthening                        Advancing
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     Keseluruhan kebijakan akan dituangkan dalam program kerja tahunan dan                All policies are integrated into the annual work program and measured against
     Key Performance Indicator (KPI) yang diawasi dan ditinjau secara berkala.            Key Performance Indicators (KPIs), which are monitored and reviewed on a
                                                                                          regular basis.


     Direksi kami memberikan pengawasan yang ketat terhadap kinerja ESG dan               Our Board of Directors directly oversee the ESG performance and climate-
     tata kelola risiko terkait iklim, memastikan akuntabilitas pada tingkat tertinggi    related risk management, ensuring accountability at the highest level of the
     dalam organisasi kami. Kami telah mencapai kemajuan yang signifikan dalam             organization. We have made significant strides in embedding sustainability
     mengintegrasikan praktik keberlanjutan di seluruh Kelompok Usaha Strategis           practices across our Strategic Business Groups. A key milestone this year was
     kami, dengan salah satu tonggak penting tahun ini yaitu perluasan target ESG         the expansion of our ESG targets, which have been updated to reflect the real
     kami. Kami telah memperbarui target-target berdasarkan kemajuan yang                 progress being made while reaffirming our commitment to address emerging
     telah dicapai hingga saat ini, sekaligus memperluas komitmen dalam                   challenges.
     menghadapi tantangan baru yang muncul.


     Pengawasan juga dilakukan oleh Divisi Internal Audit untuk pelaksanaan               Additional oversight is provided by an Internal Audit Division, which monitors
     sistem pengendalian internal dan Komite Audit yang bersifat independen.              the implementation of the internal control system, and by an independent
                                                                                          Audit Committee.




     Penutup | Conclusion
     Kami menyadari bahwa perjalanan menuju keberlanjutan merupakan proses yang           We are keenly aware that the journey toward sustainability is an ongoing
     terus-menerus. Oleh karena itu, perseroan senantiasa meningkatkan kinerja dan        process. Therefore, the Company constantly strives to enhance performance
     transparansi dalam pengelolaan aspek ekonomi, sosial, dan lingkungan sesuai          and transparency in managing economic, social, and environmental aspects in
     dengan ketentuan yang berlaku serta ekspektasi para pemangku kepentingan.            accordance with applicable regulations and stakeholder expectations.


     Pencapaian keberlanjutan kami tidak mungkin tercapai tanpa dedikasi dan              SPINDO's sustainabilitygratitude to our customers, partners, suppliers, and
     ketangguhan karyawan di seluruh kelompok kegiatan usaha. Komitmen mereka             shareholders for their continued trust and support. Moving forward, we
     terhadap keunggulan, terutama pada masa yang penuh tantangan ini sangatlah           remain genuinely committed to generating sustainable values for our business
     penting. Saya juga ingin menyampaikan terima kasih yang tulus kepada                 while making positive impacts on the communities and the environment
     pelanggan, mitra, pemasok dan pemegang saham atas kepercayaan serta                  achievements would not be possible without the dedication and resilience of
     dukungan yang terus diberikan. Ke depan, kami tetap berkomitmen untuk                our employees across all business units. Their commitment to excellence,
     menciptakan nilai yang berkelanjutan bagi bisnis kami, sekaligus memberikan          especially during these challenging times, has been the cornerstone of our
     dampak positif bagi masyarakat dan lingkungan.                                       success. I would also like to express my sincere .




                                                                          Jakarta, 18 April 2026

                                                                          Ibnu Susanto
                                                                  Direktur Utama | President Director




                                   TEntang kami                 strategi keberlanjutan                     Profil Perusahaan                   tata kelola keberlanjutan
16        2                          about us                   sustainability strategy                    Corporate Profile                     corporate governance
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             profil
             perusahaan
             corporate profile
                                                         3



                                                             3   17
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                                                                                       [C.2][C.3][C.4][102]
     Profil Perusahaan
     Company Profile

     Nama Perusahaan [102-1]                                                        Company Name
     PT Steel Pipe Industry of Indonesia Tbk [PT SPINDO Tbk]


     Kegiatan Usaha & Produk yang Dihasilkan [C.4][102-2]                           Business Activities & Products
     Kegiatan usaha perseroan adalah merancang dan mem-produksi                     The Company's business activities are designing and producing
     berbagai macam produk pipa baja berdasarkan kategori, yang                     various steel pipe products related, made to fulfill orders and made
     dibuat untuk memenuhi pesanan dan untuk persediaan, yang                       for supplies, which includes various types of pipes made of hot
     meliputi produksi berbagai jenis pipa yang dibuat dari baja karbon             rolled, cold rolled, and stainless steel. The productions are mainly
     hot rolled, cold rolled dan stainless steel. Hasil produksi pipa               applied for infrastructure, automotive, oil and gas, drinking water
     Perseroan digunakan untuk industri infrastruktur, otomotif, minyak             pipes, and others.
     dan gas, pipa air minum, dan lain-lain.


     Tanggal Pendirian                                                              Date of Establishment
     30 Januari 1971                                                                30 January 1971


     Alamat Perusahaan [C.2][102-3]                                                 Company Address
     Kantor Pusat SPINDO                                                            SPINDO Head Office
     Jl. Kalibutuh No. 189 -191,                                                    Jl. Kalibutuh No. 189 -191,
     Surabaya 60173, Jawa Timur, Indonesia                                          Surabaya 60173, East Java, Indonesia
     p : +6231 532 0921, 531 6921,                                                  p : +6231 532 0921, 531 6921,
       +6231 532 0320, 535 3290,                                                      +6231 532 0320, 535 3290,
     f : +6231 531 0712, 532 0290,                                                  f : +6231 531 0712, 532 0290,


     Kantor SPINDO Jakarta                                                          SPINDO Jakarta Office
     Gedung Baja, Lt. 7, Jl. Pangeran Jayakarta No. 55,                             Gedung Baja, Lt. 7, Jl. Pangeran Jayakarta No. 55,
     Jakarta 10730, Indonesia                                                       Jakarta 10730, Indonesia
     p : +6221 6231 3502                                                            p : +6221 6231 3502
     f : +6221 624 0313                                                             f : +6221 624 0313


     SPINDO Karawang (SKF)                                                          SPINDO Karawang (SKF)
     Kawasan Industri Mitrakarawang (KIM), Jl. Mitra Raya No. II Blok F2,           Kawasan Industri Mitrakarawang (KIM), Jl. Mitra Raya No. II Blok F2,
     Karawang 41363, Indonesia                                                      Karawang 41363, Indonesia
     p : +6221 8911 5085, +62267 440 823                                            p : +6221 8911 5085, +62267 440 823
     f : +62267 440 587                                                             f : +62267 440 587


     Kantor Cabang SPINDO Semarang                                                  SPINDO Semarang Representative Office
     Genius Idea @ Dafam Space Menara Suara Merdeka,                                Genius Idea @ Dafam Space Menara Suara Merdeka,
     Lt 11 - R9, Jl. Pandanaran No. 30, Pekunden,                                   Lt 11 - R9, Jl. Pandanaran No.30, Pekunden,
     Kec. Semarang Tengah,                                                          Kec. Semarang Tengah,
     Semarang, Jawa Tengah 50134, Indonesia                                         Semarang, Central Java 50134, Indonesia


     Kantor Cabang SPINDO Pekanbaru                                                 SPINDO Pekanbaru Representative Office
     Graha Pena Riau Lt. 7 - R705,                                                  Graha Pena Riau Lt. 7 - R705,
     Jalan HR. Soebrantas Panam Km. 10,5 Sidomulyo Barat,                           Jalan HR. Soebrantas Panam Km. 10,5 Sidomulyo Barat,
     Tuah Karya, Kec. Tampan,                                                       Tuah Karya, Kec. Tampan,
     Pekanbaru, Riau 28294, Indonesia                                               Pekanbaru, Riau 28294, Indonesia


                                TEntang kami              strategi keberlanjutan                Profil Perusahaan               tata kelola keberlanjutan
18       3                        about us                sustainability strategy               Corporate Profile                 corporate governance
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Kantor Cabang SPINDO Medan                                               SPINDO Medan Representative Office
Sinar Mas Land Plaza, GoWork                                             Sinar Mas Land Plaza, GoWork
Jl. Pangeran Diponegoro No.18 10th Floor, Madras Hulu,                   Jl. Pangeran Diponegoro No.18 10th Floor, Madras Hulu,
Kec. Medan Polonia, Kota Medan,                                          Kec. Medan Polonia, Kota Medan,
Sumatera Utara 20152, Indonesia.                                         Sumatera Utara 20152, Indonesia.


Jumlah dan Nama Negara Tempat Beroperasi [102-4]                         Number and Name of Country of Operation
1 (satu), Indonesia.                                                     1 (one), Indonesia.


Kepemilikan [C.3][102-5]                                                 Ownership
Perseroan Terbuka                                                        Public Company


Pasar yang Dilayani [C.4][102-6]                                         Market Served
Perseroan saat ini melayani 95% pasar domestik, yaitu Indonesia.         The company currently serves 95% of the domestic market, namely
5% produk Perseroan diekspor ke Kanada, Amerika Utara dan                Indonesia. 5% of the Company's products are exported to Canada,
negara-negara lain.                                                      North America and other countries.
Perseroan melayani 4 sektor utama, yaitu :                               The company serves 4 main sectors, namely:
Ÿ   Sektor Konstruksi, Infrastruktur dan Utilitas                        Ÿ   Construction, Infrastructure and Utilities
Ÿ   Sektor Minyak Bumi dan Gas                                           Ÿ   Oil and Gas
Ÿ   Sektor Otomotif                                                      Ÿ   Automotive
Ÿ   Sektor Perabot                                                       Ÿ   Furniture


Jumlah Pabrik [102-6]                                                    Number of Manufactures
3 pabrik di Surabaya                                                     3 manufactures in Surabaya
1 pabrik di Pasuruan                                                     1 manufacture in Pasuruan
1 pabrik di Karawang                                                     1 manufacture in Karawang
1 pabrik di Sidoarjo                                                     1 manufacture in Sidoarjo
1 pabrik di Gresik                                                       1 manufacture in Gresik


Kode Saham                                                               Ticker Code
ISSP


Surat Elektronik                                                         Email
marketing@spindo.co.id (marketing)
corsec@spindo.co.id (corporate secretary & investor relations)


Informasi bagi Investor                                                  Information for Investor
Situs                                                                    Website
www.spindo.com


Media Sosial                                                             Social Media




        kinerja ekonomi                  kinerja sosial                 kinerja lingkungan            indeks pojk & standar gri
                                                                   environmental performance                                        3      19
     economic performance             social performance                                              pojk & gri standard index
Page 28
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     Komposisi Pemegang Saham
     Composition of Shareholders




                                                                                                                           %
                                                                                              40,50
                                                                                              Masyarakat | Public




                                                                                                                %
                                  %
                                                                                             1,87
      57,63
      PT Cakra Bhakti Para Putra
                                                                                             Saham Treasury
                                                                                             Treasury Stock


               Nama Pemegang Saham                          per 1 January 2025 [%]                              per 31 December 2025 [%]
                Name of Shareholders                       As of January 1st, 2025 [%]                         As of December 31st, 2025 [%]

            PT Cakra Bhakti Para Putra                               55,94%                                               57,63%

            Masyarakat | Public                                      42,38%                                               40,50%

            Saham Treasury | Treasury Stock                            1,68%                                               1,87%




     Daftar Pemegang Saham & Komposisi Kepemilikan | List of Shareholders & Percentage of Ownerships
                                                                  2025                                             2024

      Nama Pemegang                               Jumlah                     Persentase                 Jumlah                 Persentase
                                                                                                                                                  Nominal Value IDR 100 per Share




      Saham                                       Saham                      Kepemilikan                Saham                  Kepemilikan
                                                                              Saham(%)                                          Saham(%)

      Name of                                  Number of                Percentage of                Number of                Percentage of
      Shareholders                              Shares                  Ownership (%)                 Shares                  Ownership (%)

      PT Cakra Bhakti Para Putra              4.140.948.530                    57,63%              4.020.063.930                   55,94%

      Masyarakat | Public                     2.910.529.905                    40,50%              3.045.276.805                   42,38%

      Saham Treasury | Treasury Stock          134.513.600                      1,87%                120.651.300                    1,68%

      Total Saham Keseluruhan |               7.185.992.035                     100%               7.185.992.035                    100%
      Total Overall Shares


                              TEntang kami         strategi keberlanjutan                  Profil Perusahaan               tata kelola keberlanjutan
20      3                       about us           sustainability strategy                 Corporate Profile                 corporate governance
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 Jenis Kepemilikan Saham | Type of Shareholder
 Nama                                                            Jumlah Pemegang Saham                      Jumlah Saham                Persentase

 Name                                                             Number of Shareholder                    Number of Shares             Percentage

Institusi Lokal | Local Institutions *                                              27                      4.440.260.921                  64,36%

Institusi Asing | Foreign Institutions                                              30                        721.468.559                  10,46%

Individu Lokal | Local Individuals                                              5.608                       1.733.482.252                  25,13%

Individu Asing | Foreign Individuals                                                23                           3.945.000                  0,06%

TOTAL                                                                           5.688                       6.899.156.732                100,00%

*termasuk CBPP | including CBPP




Kelompok Pemegang Saham | Categories of Shareholder
 Status Kepemilikan                                              Jumlah Pemegang Saham                      Jumlah Saham                Persentase

 Ownership                                                         Number of Shareholder                   Number of Shares             Percentage
PEMODAL NASIONAL | LOCAL INVESTORS
Individu Lokal | Local Individuals                                              5.608                       1.733.482.252                  84,27%
Institusi (Broker) | Institutions (Broker)                                           5                         24.355.702                   1,18%
Koperasi | Cooperative                                                               0                                      -               0,00%
Dana Pensiun | Pension Funds                                                         0                                      -               0,00%
Asuransi | Insurance                                                                 0                                      -               0,00%
Perseroan Terbatas | Company                                                        25                        298.185.391                  14,50%
Badan Usaha Tetap Khusus Non Tax |                                                   0                                                      0,00%
Non Tax Permanent Establishment
Reksadana | Mutual Funds                                                             2                           1.127.000                  0,05%
TOTAL PEMODAL NASIONAL | TOTAL LOCAL INVESTORS                                  5.640                       2.057.150.345                100,00%
PEMODAL ASING | FOREIGN INVESTORS
Individu Asing | Foreign Individuals                                                14                           2.314.700                  0,24%
Individu Asing - KITAS | Foreign Individuals - Limited Stay Permit Card              9                           1.630.300                  0,17%
Badan Usaha Asing | Foreign Corporation                                             30                        721.468.559                  73,44%
Tax Treaty                                                                          29                        256.927.451                  26,15%
TOTAL PEMODAL ASING | TOTAL FOREIGN INVESTORS                                       82                        982.341.010                100,00%
TOTAL                                                                           5.722                       3.039.491.355



Kepemilikan Saham Anggota Dewan Komisaris & Direksi |
Share Ownership of The Board of Commissioners & Board of Directors

Per 31 Desember 2025, tidak ada anggota Dewan Komisaris dan               As of December 31, 2025, there is no member of the Board of
Direksi yang memiliki saham publik Perseroan baik secara langsung         Commissioners and Board of Directors has a public share of the Company
maupun tidak langsung.                                                    either directly or indirectly.




        kinerja ekonomi                     kinerja sosial              kinerja lingkungan                  indeks pojk & standar gri
                                                                   environmental performance                                                    3    21
     economic performance                social performance                                                 pojk & gri standard index
Page 30
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     Grup & Struktur Kepemilikan Saham | Group & Shareholding Structure



                       Soediarto                Tedja               Hermanu          Gong Handiman            Harun          Laksmi Dewi        Purnamadewi       Ita Haryati
                     Soerjoprahono             Sukmana              Hudianto            Utomo                Susanto          Hudianto            Hudianto         Hudianto

                          14,99%                4,91%                4,91%                5,54%              0,50%              1,36%             1,36%             1,36%



                 Ibnu           Teddy Wibowo             Gunawan               Hardiman            Wely                              Liliana          Swandriyani       Lita Mutiah
                                                                                                                   CBPP 1
                Susanto            Utomo                 Hudianto               Utomo             Susanto                           Hudianto           Hudianto          Hudianto

                42,51%              7,04%                 4,91%                 5,54%             0,50%              0,50%              1,36%             1,36%             1,36%




       PT Cakra Bhakti                            PT Cakra Bhakti                         DBS Bank Ltd S/A
                                                                                                                                           Masyarakat
        Bumi Persada                                Para Putra                             Pemberton Asian
                                                                                                                                             <5%
           (CBBP)                                    (CBPP)*                              Opportunities Fund
              90%                                       57,63%                                     6,8%                                     35,57%




                                                   PT SPINDO
                                                                                            PT Sanko Steel
                                                   Engineering                                                                              PT Poses
                                                                                              Indonesia
                                                    Industry
                                                         90%                                       50%                                          20%
       *Pengendali | Controlling Shareholder




      *Pemegang Saham Publik | Public Shareholders
                                                                                                     2025                                            2024

      Nama Pemegang                                                                     Jumlah               Persentase                     Jumlah                Persentase
      Saham                                                                             Saham                Kepemilikan                    Saham                 Kepemilikan
                                                                                                              Saham(%)                                             Saham(%)
      Name of                                                                       Number of               Percentage of                  Number of          Percentage of
      Shareholders                                                                   Shares                 Ownership (%)                   Shares            Ownership (%)

      PT Cakra Bhakti Para Putra                                                   4.140.948.530                 57,63%                    4.020.063.930                55,94%

      Pemberton Asia Opportunities Fund                                                 488.410.800               6,80%                     500.000.000                  6,96%

      Saham Warkat (masyarakat) | Script Share (public)                                 126.436.750               1,76%                     126.436.750                  1,76%

      Saham Non Warkat (masyarakat) | Scriptless Share (public)                    2.295.682.355                 31,95%                    2.418.840.055                33,66%

      Saham Treasury | Treasury Share                                                   134.513.600               1,87%                     120.651.300                  1,68%

      Total Saham | Total Shares                                                   7.185.992.035               100,00%                     7.185.992.035              100,00%




                                   TEntang kami                strategi keberlanjutan                       Profil Perusahaan                     tata kelola keberlanjutan
22      3                            about us                  sustainability strategy                      Corporate Profile                       corporate governance
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LAPORAN keberlanjutan 2025
                                                    FoundationS Progress



Perjanjian Pajak Luar Negeri | Foreign Tax Treaty

 Negara                                                             Jumlah Pemegang Saham                               Jumlah Saham
 Country                                                              Number of Shareholder                           Number of Shares
 Kanada | Canada                                                                      1                                        426.800
 Finlandia | Finland                                                                  1                                      67.000.000
 Jepang | Japan                                                                       2                                     133.174.930
 Singapura | Singapore                                                                3                                      26.328.194
 Swiss | Switzerland                                                                  1                                       5.055.239
 Inggris Raya | United Kingdom                                                        1                                       1.651.800
 Amerika Serikat | United States of America                                          20                                      23.290.488




Entitas Anak & Perusahaan Asosiasi | Subsidiaries & Associate Companies

 Entitas Anak                                                        Perusahaan Asosiasi
 Subsidiaries                                                        Associate Companies


 PT SPINDO ENGINEERING INDUSTRY                                      PT SANKO STEEL INDONESIA
 Jl. Kalibutuh No. 189-191, Surabaya 60173, Jawa Timur               Jl. Millenium Raya Blok I-2 No. 7, Cikupa, Tigaraksa, Tangerang,
 p : +6231 532 0320                                                  Banten
 f : +6231 531 0712                                                  p : +6221 626 0456
                                                                     f : +6221 624 0313
 Perdagangan, perindustrian &        Trading, industrial and
 jasa, 90% kepemilikan oleh          services, 90% owned by          Industri suku cadang dan           Spare parts and accessories for
 SPINDO.                             SPINDO.                         aksesori kendaraan bermotor,       motorized vehicle industries,
                                                                     50% kepemilikan oleh SPINDO.       50% owned by SPINDO.


                                                                     PT POSES
                                                                     Jl. SA Tirtayasa No. 7, Rukan Mega Cilegon Blok A,
                                                                     Rawanuju, Purwakarta, Cilegon, Banten.

                                                                     Perdagangan besar dan jasa         Large scale trading and after-
                                                                     purna jual, 20% kepemilikan oleh sales service, 20% owned by
                                                                     SPINDO.                            SPINDO.
                                                                     Perusahaan sudah tidak             The company is no longer in
                                                                     beroperasi.                        operation.




       kinerja ekonomi                kinerja sosial                kinerja lingkungan          indeks pojk & standar gri
                                                               environmental performance                                              3   23
    economic performance           social performance                                           pojk & gri standard index
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                                                                                                                                         [C.4][102-6]
     Bidang Usaha, Produk & Jasa
     Business Lines, Products and Services

              Bidang Usaha | Business Lines

     Kegiatan usaha Perseroan adalah merancang dan memproduksi                     The Company's business activities involve designing and producing
     bebagai macam produk pipa baja berdasarkan kategori, baik standar             various types of steel pipes, categorized either as standard or
     maupun yang dibuat berdasarkan pesananan yang dikostumisasi                   customized according to customer specifications. The production
     sesuai dengan spesifikasi pelanggan. Produksi yang dilakukan                   includes a wide range of pipes made from hot-rolled carbon steel,
     meliputi berbagai jenis pipa yang dibuat dari karbon hot rolled, cold         cold-rolled steel, and stainless steel. The pipes produced by the
     rolled dan stainless steel. Hasil produksi pipa Perseroan digunakan           Company are used in various industries such as infrastructure,
     untuk berbagai industri seperti industri infrastruktur, otomotif, minyak      automotive, oil and gas, drinking water pipes, and others. In addition
     dan gas, pipa air minum, dan lain sebagainya. Selain memproduksi              to producing various types of pipes for diverse industries, the
     berbagai macam produk pipa untuk beragam industri, Perseroan juga             Company also provides internal and external coating and protection
     menyediakan jasa layanan pelapisan (coating dan protection) internal          services.
     dan eksternal.


     Untuk pangsa pasar domestik, Perseroan telah menjajaki pasar ritel            For the domestic market, the Company has tapped into both retail and
     dan proyek, dimana keduanya berkontribusi setara 90% bagi                     project markets, with each contributing equally to 90% of the
     pendapatan Perseroan. Sementara pasar global menyasar kawasan                 Company's revenue. Meanwhile, the global market focuses on North
     Amerika Utara - Kanada, dan Australia. Untuk Asia Perseroan                   America—Canada—and Australia. In Asia, the Company targets
     menyasar pasar Vietnam, Malaysia, dan Timor Leste.                            markets in Vietnam, Malaysia, and Timor-Leste.



              Produk | Products
     Produk- produk yang dihasilkan SPINDO adalah:                                 The products manufactured by SPINDO are :


     Pipa Struktural                                                               Structural Pipes
     HFW: Pipa baja HFW SPINDO telah digunakan pada beberapa                       HFW steel pipe is used in numerous bridge construction projects and
     proyek jembatan, proyek konstruksi terutama untuk bangunan                    other construction projects mainly for wide-span structure: airport,
     bentang lebar: bandara, stadion, aula, dll, serta aplikasi struktural         stadium, hall and more as well as structural application of building
     selubung bangunan. Perseroan telah melayani ragam proyek, mulai               envelopes. The Company has served a variety of projects from the
     dari proyek konstruksi raksasa milik pemerintah dan proyek luar               Government’s mega construction projects and overseas projects to
     negeri hingga proyek-proyek swasta lokal dengan kontraktor umum.              local private projects with general contractors.


     SSAW: Pipa baja SSAW SPINDO sangat ideal untuk digunakan pada                 SSAW steel pipe is very ideal to be used in various structural
     berbagai aplikasi struktural, seperti pekerjaan pondasi (tiang                applications, such as foundation work (piles SNI 8052:2014, ASTM A
     pancang SNI 8052:2014, ASTM A 252) dan di dermaga, jembatan                   252) and in piers, bridges and project building construction.
     dan konstruksi bangunan proyek. Pipa baja SPINDO sangat                       SPINDO’s steel pipe is very useful as an alternative construction
     bermanfaat sebagai bahan alternatif konstruksi karena proses                  material due to the accurate manufacturing process of the spiral pipe
     manufaktur pembentukan pipa spiral yang akurat membuat produk                 that makes it easy to use, combined with high quality welding and
     yang mudah digunakan, serta dikombinasikan dengan pengelasan                  product quality control to ensure reliability.
     berkualitas tinggi dan uji produk untuk memastikan keandalan.



     Pipa Air                                                                      Water Pipes
     ERW: Pipa Baja SPINDO memenuhi berbagai standar kelayakan                     ERW: SPINDO Steel Pipe meets various eligibility standards for its
     penggunaannya sebagai pipa air, salah satunya adalah SNI 0039.                use as water pipes, such as SNI 0039. The pipes coating process



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Pipa Air ERW SPINDO melalui proses pelapisan yang telah teruji           which has been well tested enables SPINDO to produce the best
supaya dapat menyediakan produk dengan kualitas terbaik.                 quality product. These steel pipes are mostly used for water
Penggunaan pipa baja ini terutama untuk jaringan pipa air transmisi,     transmission pipeline, water treatment plant, wastewater treatment
pabrik pengolahan air, pabrik pengolahan air limbah, fasilitas           plant, hydro power facilities and water circulation system in buildings.
penggunaan tenaga air, dan sistem sirkulasi air pada bangunan. Pipa      This particular product has acquired UL 852 and FM 1630
Air ERW SPINDO juga telah mendapatkan sertifikasi UL 852 dan FM           certifications which are conventionally used abroad for fire
1630, dimana sertifikasi ini biasa dipakai di luar negeri untuk pipa      extinguisher systems.
pemadam kebakaran.


SSAW: Pipa air SSAW SPINDO digunakan untuk distribusi air                SSAW: SPINDO SSAW water pipe is used for water distribution
dengan diameter besar, seperti pada terowongan air, pabrik               systems with large diameters, such as water tunnel systems, water
pengolahan air, pabrik pengolahan air limbah, dan sebagainya. Pada       treatment plants, wastewater treatment plants, etc. This pipe variant
pipa jenis ini terdapat beberapa lapisan pada bagian dalam dan luar      has several layers of coating both on the inner and outer surface of the
pipa, seperti cement mortar lining dan internal epoxy coating pada       pipe such as cement mortar lining and internal epoxy coating on the
bagian dalam pipa. Untuk lapisan luar terdapat lapisan three-layer       inner part of the pipe. The outer layer consists of three-layer
polyethylene dan juga external epoxy coating.                            polyethylene and an external epoxy coating.



Pipa Oil & Gas                                                           Oil & Gas Pipes
ERW: SPINDO merupakan salah satu supplier pipa ERW untuk                 ERW: SPINDO one of the suppliers of API 5L certified ERW pipes for
minyak dan gas, dengan sertifikasi API 5L. Pipa ERW kami tersedia         the oil and gas industry. ERW pipes are available in various grades,
dalam berbagai grade, ketebalan, dan diameter pipa sesuai                thicknesses and diameters to accommodate the customers’ needs.
kebutuhan pelanggan. Proses produksi pipa ERW menggunakan                Our ERW pipes production process utilizes high-quality materials, a
material berkualitas tinggi, pengecoran terus menerus, proses kontrol    continuous casting process, roll control process, fine-grain, low
rol, fine grain, serta baja karbon rendah yang sesuai dengan              carbon steel that has met the required standards of API 5L.
persyaratan standar API 5L.


SSAW: SPINDO memproduksi pipa SSAW berkualitas tinggi                    SSAW: SPINDO produces high quality large diameter SSAW pipe for
berdiameter besar untuk industri minyak dan gas. Manufaktur kami         the oil and gas industry. Our manufacturer utilizes the production
menggunakan proses produksi berteknologi terkini dan otomatisasi         process of the latest technology and automation process as the
sebagai langkah maju terdepan. Berbagai ukuran, kapasitas yang           leading strategic step. Various sizes, adequate
memadai, kemampuan proses pelapisan pipa, dan lokasi strategis           capacity, surface coating ability and strategic locations are our
menjadi keunggulan kami dalam meraih pasar Indonesia.                    primary strengths in capturing Indonesian market.



Pipa Stainless Steel                                                     Stainless Steel Tubes & Pipes
Pipa Industri: Pipa stainless steel SPINDO memiliki ketahanan yang       Industrial Pipes: SPINDO stainless steel pipes have extremely well
sangat baik terhadap korosi, tahan panas, serta telah digunakan          durability against corrosion and heat. It has been used as raw
sebagai bahan baku yang dapat menahan lingkungan yang korosif            materials that can withstand corrosive environments such as
seperti industri kimia.                                                  chemical industries.


Pipa Ornamen (Ornamental Tubes) SPINDO banyak digunakan untuk            Ornamental Tubes: Because of their strength and resistance to
berbagai peralatan sehari-hari karena sangat awet dan mampu              corrosion, SPINDO ornamental tubes are extensively utilized for a
menahan korosi. Pipa ini tahan karat, bahkan apabila elemennya tak       range of common appliances. These tubes withstand heat, rust even
terlindungi, tahan panas, dan kondisi ekstrim lainnya.                   in exposed environments, and other harsh situations with durability.



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                                                                   environmental performance                                               3        25
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                                   Strengthening                    Advancing
                                   FoundationS Progress                                                         2025 Sustainability Report




     Pipa GI                                                                       Galvanized Iron Pipes
     Pipa GI (Galvanized Iron) merupakan pipa yang terbuat dari baja dan           Galvanized Iron Pipes are made of steel and dipped in a protective
     dilapisi oleh pelindung yang terbuat dari bahan seng. Lapisan                 zinc coating to prevent corrosion and make it durable. Other than that,
     tersebut ditujukan untuk melindungi baja dari korosi sehingga                 solid steel construction renders galvanized pipes durable and long-
     penggunaannya lebih awet. Selain itu, konstruksi baja yang kuat               lasting.
     membuat Pipa GI tahan terhadap beban berat dan juga tahan lama.


     Pipa GI SPINDO sebagian besar diaplikasikan sebagai rangka langit-            Galvanized Iron pipes/SPINDO GI Pipes are mostly installed as ceiling
     langit/plafon, rangka partisi dinding, kanopi, pagar, gerbang, saluran        frames/ceiling, frames in partition walls, canopies, fences, gates,
     kabel listrik dan telekomunikasi. Pipa SPINDO secara fleksibel                 electrical/telecommunication cable lines. SPINDO pipes are flexibly
     diproduksi sesuai spesifikasi standar atau custom.                             produced according to the customized or standard specifications.



     Pipa Perabot                                                                  Furniture Tubes
     Pipa perabot / furnitur merupakan salah satu varian dari pipa baja            Furniture tubes are a type of black steel tubes (black tube). This black
     hitam (pipa hitam). Berbagai produk furnitur fabrikasi dari varian pipa       tube variation is used to build a variety of furniture products, including
     hitam yang satu ini, beberapa di antaranya adalah rangka meja atau            table or chair frames, beds, shelves or cupboards, and so on.
     kursi, ranjang, dan rak atau lemari, dsb.



     Pipa Mekanis                                                                  Mechanical Pipes
     SPINDO memproduksi pipa mekanis dengan kualitas terbaik yang                  Mechanical Pipes: SPINDO produces the best quality mechanical
     dapat diaplikasikan untuk bermacam-macam kegunaan, seperti                    pipes that can be applied for various purposes such as furniture
     bahan furnitur, struktur rangka bus, rangka sepeda, sparepart                 material, bus frame structure, bicycle frame, automotive spare parts
     otomotif dan juga beberapa bagian kendaraan bermotor. Pipa                    as well as several parts of motorized vehicles. SPINDO mechanical
     Mekanis SPINDO telah melewati serangkaian tahap pengecekan dan                pipes have gone through a series of inspection and testing phases in
     juga pengetesan agar dapat menghasilkan Mechanical Tubes dengan               order to produce the best quality Mechanical Pipes.
     kualitas terbaik.



     Tiang                                                                         Steel Poles
     Tiang Telekomunikasi: Tiang telekomunikasi SPINDO dirancang                   Telecommunication poles: SPINDO telecommunication poles are
     untuk memenuhi berbagai permintaan pelanggan. Tiang baja                      designed to meet the various demands of the customers. Steel poles
     memiliki keunggulan lebih ringan dibandingkan tiang beton, serta              are lighter compared to concrete ones and easy to maintain.
     mudah untuk pemeliharaan.


     Tiang listrik: Tiang listrik SPINDO tersedia dalam berbagai macam             Electric poles: SPINDO electric poles are available in various sizes and
     ukuran dan tipe untuk berbagai kebutuhan tegangan. Sebagai                    variants according to the voltage requirements. As an equipment for
     peralatan untuk mendistribusikan listrik, tiang baja menawarkan               electricity distribution, steel poles offer cost-efficient alternatives
     alternatif hemat biaya dibanding material yang lain.                          compared to other materials.


     Tiang Penerangan: Penerangan jalan raya yang efisien                           Light Poles: Efficient street lighting requires safety, economic and
     membutuhkan aspek keamanan, ekonomis dan perawatan yang                       easy maintenance aspects. SPINDO poles meet all the design
     mudah. Tiang SPINDO memenuhi persyaratan desain sesuai dengan                 requirements according to the existing structure and contemporary
     struktur yang ada, serta desain yang kontemporer.                             design.



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           Jasa | Services

Pelapisan Internal & Eksternal | Internal & External Coating

    Pelapisan Internal | Internal Coating

Kemampuan Pelapisan :                                                   Coating Capability :
Pelapisan Internal                                                      Internal Coating
Epoxy Coating                                                           Epoxy Coating
•     Diameter: 4 – 82 inch                                             •   Diameter: 4 – 82 inch
•     Kapasitas: 500.000 sqm / tahun                                    •   Capacity: 500.000 sqm / year


Internal Cement Lining                                                  Internal Cement Lining
•     Diameter: 8 – 80 inch                                             •   Diameter: 8 – 80 inch
•     Kapasitas: 250.000 sqm / tahun                                    •   Capacity: 250.000 sqm / year



    Pelapisan Internal | Internal Coating
    • AWWA C210 : Liquid-Epoxy Coating Systems for the Interior and Exterior of Steel Water Pipelines
    • API RP5L2 : Recommended Practice for Internal Coating of Line Pipe for Non-Corrosive Gas Transmission Service
    • AWWA C205 : Cement-Mortar Protective Lining and Coating for Steel Water Pipe – 4 inch and Larger – Shop Applied
    • SSPC-SP10/NACE NO.2 : Near-White Blast Cleaning
    • SSPC-SP1 : Solvent Cleaning
    • SSPC-PA2 : Measurement of Dry Paint Thickness with Magnetic Gages
    • ASTM D4417 : Standard Test Method for Field Measurement of Surface Profile of Blast Cleaned Steel
    • ISO 8501-1 : Rust Grades and Preparation Grades of Uncoated Steel Substrates and of Steel Substrates After Overall Removal of
      Previous Coatings
    • ASTM D3559 : Standard Test Method for Measuring Adhesion by Tape Test




    Pelapisan Eksternal | External Coating


Pelapisan Eksternal                                                     External Coating
Epoxy Coating                                                           Epoxy Coating
• Diameter: 4 – 110 inch                                                • Diameter: 4 – 110 inch
• Kapasitas: 750.000 sqm / tahun                                        • Capacity: 750.000 sqm / year


Fusion Bonded Epoxy                                                     Fusion Bonded Epoxy
• Diameter: 4 – 64 inch                                                 • Diameter: 4 – 64 inch
• Kapasitas: 900.000 sqm / tahun                                        • Capacity: 900.000 sqm / year


3 LPE / 3 LPP                                                           3 LPE / 3 LPP
• Diameter: 4 – 64 inch                                                 • Diameter: 4 – 64 inch
• Kapasitas: 900.000 sqm / tahun                                        • Capacity: 900.000 sqm / year


Proses Coating dan Proteksi yang kami lakukan mengacu pada              Our Coating and Protection Processes refer to the international
standar internasional.                                                  standard.



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      Pelapisan Eksternal | External Coating
      Ÿ AWWA C210 : Liquid-Epoxy Coating Systems for the Interior and Exterior of Steel Water Pipelines
      Ÿ CAN/CSA Z245.20 : Plant-Applied External Fusion Bond Epoxy Coating for Steel Pipe
      Ÿ CAN/CSA Z245.21 : Plant-Applied External Polyethylene Coating for Steel Pipe
      Ÿ ISO 12944 : Paints and varnishes - Corrosion Protection of Steel Structures by Protective Paint Systems
      Ÿ SSPC-SP10/NACE NO.2 : Near-White Blast Cleaning
      Ÿ SSPC-SP1 : Solvent Cleaning
      Ÿ SSPC-PA2 : Measurement of Dry Paint Thickness with Magnetic Gages
      Ÿ ASTM D4417 : Standard Test Method for Field Measurement of Surface Profile of Blast Cleaned Steel
      Ÿ ISO 8501-1 : Rust Grades and Preparation Grades of Uncoated Steel Substrates and of Steel Substrates After Overall Removal of
         Previous Coatings
      Ÿ ASTM D3559 : Standard Test Method for Measuring Adhesion by Tape Test
      Ÿ ASTM D4541 : Standard Test Method for Pull-Off Strength of Coatings Using Portable Adhesion Testers


     Hot Dip Galvanis (SNI 7033:2020) | Hot Dip Galvanize (SNI 7033:2020)
     Diameter                : Maksimum 36 lnch                                Diameter                    : 36 lnch Maximum
     Kapasitas               : 36.000 Ton / tahun                              Capacity                    : 36,000 Ton / year


     Potong Plat | Shearing
     Tebal                   : 0,50 mm - 12,00 mm                              Thickness                   : 0.50 mm - 12.00 mm
     Diameter Luar Coil      : Maksimum 2,2 m                                  Coil Outside Diameter       : 2.2 m Maximum
     Diameter Dalam Coil     : 508 mm - 762 mm                                 Coil Inside Diameter        : 508 mm - 762 mm
     Lebar Coil              : 540 mm - 2.000 mm                               Coil Width                  : 540 mm - 2,000 mm
     Berat Coil              : Maksimum 25 Ton                                 Coil Weight                 : 25 Ton Maximum
     Panjang                 : 500 mm - 12 m                                   Length                      : 500 mm - 12 m


     Potong Plat Stainless Steel | Stainless Steel Shearing
     Tebal                   : 0,50 mm - 10,00 mm                              Thickness                   : 0.50 mm - 10.00 mm
     Diameter Luar Coil      : Maksimum 2,2 m                                  Coil Outside Diameter       : 2.2 m Maximum
     Diameter Dalam Coil     : 508 mm - 762 mm                                 Coil Inside Diameter        : 508 mm - 762 mm
     Lebar Coil              : 540 mm - 2.000 mm                               Coil Width                  : 540 mm - 2,000 mm
     Berat Coil              : Maksimum 25 Ton                                 Coil Weight                 : 25 Ton Maximum
     Panjang                 : 500 mm - 12 m                                   Length                      : 500 mm - 12 m



     Slitting | Slitting
     Tebal                   : 0,25 mm - 12,00 mm                              Thickness                   : 0.25 mm - 12.00 mm
     Diameter Luar Coil      : Maksimum 2,2 m                                  Coil Outside Diameter       : Maximum 2.2 m
     Diameter Dalam Coil     : 508 mm - 762 mm                                 Coil Inside Diameter        : 508 mm - 762 mm
     Lebar Coil              : 500 mm - 1.600 mm                               Coil Width                  : 500 mm - 1,600 mm
     Berat Coil              : Maksimum 25 Ton                                 Coil Weight                 : 25 Ton Maximum
     Lebar Strip             : Minimum 22 mm                                   Strip Width                 : 22 mm Minimum
     Diameter Dalam Strip    : Minimum 508 mm                                  Recoiler Inside Diameter : 508 mm Minimum



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Slitting Stainless Steel | Stainless Steel Slitting
Tebal                       : 0,50 mm - 8,00 mm                             Thickness                 : 0.50 mm - 8.00 mm
Diameter Luar Coil          : Maksimum 2,2 m                                Coil Outside Diameter     : Maximum 2.2 m
Diameter Dalam Coil         : 508 mm - 762 mm                               Coil Inside Diameter      : 508 mm - 762 mm
Lebar Coil                  : 500 mm - 1.600 mm                             Coil Width                : 500 mm - 1,600 mm
Berat Coil                  : Maksimum 25 Ton                               Coil Weight               : 25 Ton Maximum
Lebar Strip                 : Minimum 22 mm                                 Strip Width               : 22 mm Minimum
Diameter Dalam Strip        : Minimum 508 mm                                Recoiler Inside Diameter : 508 mm Minimum



Roll Grooving | Roll Grooving
Diameter                    : ⁄ inch - 8 inch                               Diameter                  : ⁄ inch - 8 inch
Tebal                       : 2,00 mm - 8,20 mm                             Thickness               : 2.00 mm - 8.20 mm




Potong Laser | Laser Profile Cut
Diameter                    : pipa bulat 20 mm - 236 mm                     Diameter                  : round pipe 20 mm - 236 mm
                             pipa kotak & persegi                                                      square & rectangular pipe
                             20 mm x 20 mm - 100 mm x 100 mm                                           20 mm x 20 mm - 100 mm x 100 mm
Tebal                       : Maksimum 8,00 mm                              Thickness                 : 8.00 mm Maximum




Swaging | Swaging
Diameter                    : 1 inch - 2 inch                               Diameter                  : 1 inch - 2 inch
Tebal                       : 1,65 mm - 2,00 mm                             Thickness               : 1.65 mm - 2.00 mm



Expand | Expand
Diameter Pipa               : ERW | HFW : 2”, 4”, 6”, 8”                    Pipe Diameter             : ERW | HFW : 2”, 4”, 6”, 8”
                             SSAW          : 8” -1.200 mm                                              SSAW          : 8” -1,200 mm
Thickness                   : ERW | HFW : maksimum 6,5 mm                   Thickness                 : ERW | HFW : 6.5 mm max.
                             SSAW          : maksimum 10 mm                                            SSAW          : 10 mm max.




Pabrikasi Baja | Steel Fabricator
Sesuai kebutuhan pelanggan                                                  according to customer needs




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                                                                     environmental performance                                        3   29
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                                                            [C.3][102-7]
     Skala Usaha
     Company Scale

                        Uraian                                                            2025                            2024                            2023
                      Description

      Jumlah Karyawan                                                                      994                             994                           1.020
      Total Employees
      Penjualan & Pendapatan Jasa (Rp juta)                                           5.932.797                    6.118.364                        6.455.329
      Sales & Service Revenues (IDR million)
      Penghasilan Bersih Tahun Berjalan (Rp juta)                                      534.216                          530.063                       498.059
      Net Income for \The Year (IDR million)
      Total Aset (Rp juta)                                                            8.796.370                    8.295.427                        7.971.708
      Total Assets (IDR million)
      Total Liabilitas (Rp juta)                                                      3.123.011                     3.251.67                        3.353.362
      Total Liabilities (IDR million)




     Rantai Kegiatan Usaha Bisnis[102-9]
     Business Activities Chain


       Bahan Baku                               Produksi                       Distributor                  Steel Hardware Store              Pengguna Akhir
       Raw Material                            Production                      Distributor                  Toko Besi & Peralatan                End-User



                                                                                                              Industri Perakitan
                                                                                                                 Intermediari                 Pengguna Akhir
                                                                                                            Intermediary Assembly                End-User
                                                                                                                   Industries


                                                                                                                                              Proyek Konstruksi
                                                                                                                                             Construction Project
                                                                                                                                               Pengguna Akhir
                                                                                                                                                  End-User

     Perseroan selalu mengupayakan manajemen rantai pasokan untuk                       The company always strives for supply chain management to ensure
     memastikan bahwa barang dan jasa yang berasal dari pemasok telah                   that goods and services originating from suppliers meet the required
     memenuhi standar spesifikasi dan kualitas yang dipersyaratkan                       specifications and quality standards so that they can produce the best
     sehingga dapat menghasilkan produk terbaik.                                        products.


     Secara umum sumber bahan baku utama perseroan masih dipenuhi                       In general, the company’s main raw material sources are still met from
     dari impor. Hal ini disebabkan industri baja merupakan industri                    imports. This is because the steel industry is a strategic industry so
     strategis sehingga alternatif pemasok terbatas. Namun mulai tahun                  that alternative suppliers are limited. However, starting in 2023, the
     2023 Perseroan telah menjalin kerjasama dengan pemasok dalam                       company has collaborated with domestic suppliers to meet the needs
     negeri untuk memenuhi kebutuhan bahan baku. Diharapkan ke                          of raw materials. It is hoped that in the future the need for raw
     depan kebutuhan bahan baku akan bisa dipenuhi dari dalam negeri                    materials will be fulfilled from within the country as much as possible.
     semaksimal mungkin. Jalur distribusi penjualan dilakukan melalui                   Sales distribution channels are carried out through distributors who
     distributor yang sudah bekerjasama selama puluhan tahun, industri                  have collaborated for decades, the intermediate assembly industry
     perakitan intermediari dan secara langsung ke proyek konstruksi /                  and directly to construction projects / end-users.



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end-user. Industri perakitan intermediari adalah industri yang                    Intermediary assembly industry is an industry that assembles/forms
merakit/membentuk produk pipa baja menjadi barang lainnya atau                    steel pipe products into other goods or industries that use steel pipes
industri yang menggunakan pipa baja sebagai peralatan industri,                   as industrial equipment, such as the furniture industry, bicycle
seperti industri furnitur, industri sepeda, industri otomotif, industri gula.     industry, automotive industry, sugar industry.


Basis pelanggan Perseroan meliputi perusahaan domestik Indonesia                  The Company’s customer basis includes domestic and multinational
dan perusahaan-perusahaan multinasional yang beroperasi di                        Companies operating in Indonesia namely Total, Chevron, Honda and
Indonesia seperti Total, Chevron, Honda, dan Yamaha, serta                        Yamaha as well as international companies such as J Steel Australasia
perusahaan internasional seperti J Steel Australasia Pty, Ltd. Produk             Pty. Ltd. The products that have acquired both national and
Perseroan telah mendapatkan sertifikasi baik nasional maupun                       international certifications.
internasional.


Untuk memperluas distribusi bagi pasar domestik, Perseroan telah                  To expand distribution for the domestic market, the Company has
membangun fasilitas operasional di berbagai daerah di Indonesia                   built operational facilities in various regions in Indonesia with a total of
dengan total 7 fasilitas manufaktur di Indonesia dan total 40 lini                7 manufacturing facilities in Indonesia and a total of 40 production
produksi yang masing-masing dapat dikalibrasi untuk menghasilkan                  lines, each of which can be calibrated to produce various types of
berbagai jenis pipa. Saat ini Perseroan juga tengah dalam proses                  pipes. Currently, the Company is also in the process of building Plant 7
pembangunan Plant 7 - SPINDO Park di Gresik, Jawa Timur diatas                    - SPINDO Park in Gresik, East Java on 1,000,000 m2 of land equipped
lahan 1,000,000 meter2 yang dilengkapi dengan teknologi mesin                     with the latest machine technology and a green environmental area.
terkini dan kawasan lingkungan hijau.


Untuk pasar global, Perseroan telah secara rutin melakukan ekspor                 In the global market, the Company has been regularly exporting its
produk pipa ke Amerika Serikat dan Kanada sejak tahun 2003. Selain                products to the United States of America and Canada since 2003. In
itu, sejumlah pasar potensial yang belum tersentuh mulai dikalkulasi              addition, several potential new markets have been analyzed for the
untuk dijadikan target pasar selanjutnya seperti Eropa dan Asia.                  Company’s next export destinations such as Europe and Asia.




Perubahan Emiten & Perusahaan
                         [C.6][102-10]
                                       Publik
yang Bersifat Signifikan
Significant Changes in Issuer & Public Companies

Pada tahun 2025 tidak terjadi perubahan susunan anggota Dewan                     In 2025, the composition of both the Board of Commissioners and the
Komisaris dan anggota Direksi. Susunan anggota Dewan Komisaris                    Board of Directors will remain unchanged, with four members on the
adalah 4 (empat) orang dan susunan anggota Direksi adalah 5 (lima)                Board of Commissioners and five members on the Board of Directors.
orang.




        kinerja ekonomi                      kinerja sosial                      kinerja lingkungan              indeks pojk & standar gri
                                                                            environmental performance                                                   3        31
     economic performance                 social performance                                                     pojk & gri standard index
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                             Strengthening              Advancing
                             FoundationS Progress                                           2025 Sustainability Report


                                                                           [102-18]
     Struktur Organisasi
     Organizational Structure


                                                                       Rapat Umum Pemegang Saham



                                                                          Board of Commissioner
                                                           President Commissioner | Independent Commissioner
                                                                                Makmur Widjaja
                                                                                Commissioner
                                                                          Entario Widjaja Susanto
                                                                        Independent Commissioner
                                                                           Bing H. Poernomosidi
                                                                        Independent Commissioner
                                                                                Welly Tantono



                                                                            President Director
                                                                                 Ibnu Susanto
      Chief Strategy & Business Development Officer
            Corporate Secretary & Investor Relation
                     Johanes W. Edward                                    Vice President Director
                                                                         Tedja Sukmana Hudianto




                                                                                   Director
                                                                         Soediarto Soerjoprahono




                                                          Deputy Director Sales                 Deputy Director Marketing
                                                          Lita Mutiah Hudianto                           Vacant



                                                                                                         SKF Div. Head
                                                                                                          Taufik Surya




      Purchasing Technical       Purchasing                Purchasing Office      Finance & Accounting              Plant 5
     & Spare Part Div. Head Raw Material Div. Head        Equipment Div. Head           Div. Head                  Div. Head
        Teddy W. Utomo        Tedja S. Hudianto              Edy Lemena A             Dianawati T.             Alexander Arianto



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                                                                                         Audit Committee


                                                                                           Welly Tantono
                                                                                       Antonius I Karamoy
                                                                                       Yoshinori Nishimoto



                                                                                           Internal Audit
                                                                                          Teguh Santoso




                              Director                                                                                  Director
                       Nico Gunawan                                                                           The, Hanny Purnomo




                                            SPINDO Jakarta Office Div. Head                    HRD & GA Div. Head
                                                  Hardiman Utomo                                Budi Dwi Santoso




   Plant 1          Plant 2 & 6          Plant 3 & PPIC           Plant 4             Plant 7        QA|QC & HSE                      IT
  Div. Head          Div. Head             Div. Head             Div. Head           Div. Head         Div.Head                   Div. Head
Nico Gunawan       Moh. Nurhuda             Dely Thio         Dodik Hermawan      I Ketut Ardana     Teguh Waskito             Steven P. Utomo



          kinerja ekonomi                   kinerja sosial              kinerja lingkungan         indeks pojk & standar gri
                                                                   environmental performance                                            3    33
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Page 42
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                                                                                     [103-2]
     Jejak Langkah
     Milestones

     1971                                   1989                                             1991                                  1993                              1996
     Perseroan berdiri sebagai              Ibnu Susanto, pemegang saham                     Pendirian pabrik di                   Transformasi menjadi               Memperoleh Sertifikat
     perusahaan investasi asing             “Perusahaan Dagang dan Industri                  Pasuruan dengan mulai                 perusahaan lokal.                  API 5L dari American
     di Indonesia dengan nama               PT Radjin” mengakuisisi seluruh                  memproduksi pipa spiral                                                  Petroleum Institute (API)
     PT Steel Pipe Industry of              saham Kawasaki Steel Corporation                 dengan teknik SSAW.                   Transformed into a                 untuk proses pipa SSAW.
     Indonesia (SPINDO).                    dan Itochu Corporation.                                                                local company.
                                                                                             Established Manufacturing                                                Obtained a certificate of
     Began business as a foreign            Ibnu Susanto, shareholders of                    Plant in Pasuruan to produce                                             API 5L from the American
     investment company                     “Perusahaan Dagang dan Industri                  Spiral Submerged Arc                                                     Petroleum Institute (API)
     incorporated in Indonesia              PT Radjin” purchased all the issued              Welded (SSAW).                                                           for SSAW Process.
     under the name PT Steel Pipe           shared in Kawasaki Steel Corporation
     Industry of Indonesia (SPINDO).        and Itochu Corporation.




     2013                                          2014                                           2015                                                            2017
     Penawaran saham perdana                    Ÿ Implementasi proyek SAP ECC                    Pertemuan Para Analis         Penandatanganan nota                Penandatanganan kerja-
     SPINDO, 28 Januari 2013 di                    6 untuk seluruh unit bisnis.                  di Gedung Bursa Efek          kesepahaman antara                  sama untuk pasokan bahan
     The Ritz-Carlton Jakarta,                  Ÿ Pabrik Unit 6 telah beroperasi.                Indonesia, Jakarta pada       SPINDO, JFE Steel Corp.,            baku antara SPINDO dan
     Pacific Place & Listing tanggal            Ÿ Peresmian perluasan pabrik                     tanggal 14 September          dan Marubeni-Itochu Inc.            Benxi Steel Group Co. Ltd.
     22 Februari 2013 di BEI Jakarta.              SPINDO Unit 5 - Karawang.                     2015,                         tanggal 4 Desember 2015,            tanggal 30 November 2017,


                                                Ÿ Implementation of SAP ECC 6
     Initial Public Offering (IPO) of              project for all business units.               Analyst Meeting at            MOU signing ceremony                Signing of Cooperation
     SPINDO on January 28th, 2013,              Ÿ Plant Unit 6 has been running.                 Indonesia Stock Exchange between SPINDO, JFE Steel                between SPINDO and Benxi
     The Ritz-Carlton Jakarta,                  Ÿ Official opening of SPINDO                     Building, Jakarta on          Corp. and Marubeni-Itochu           Steel Group Co. Ltd. on
     Pacific Place & Listing on                    Unit 5 - Karawang expansion                   September 14th, 2015,         Inc. on December 14th, 2015,        November 30th, 2017,
     22 February 2013, Indonesian                  plant.
     Stock Exchange, Jakarta.




     2022                                      2023                                                                                          2024
         Produksi pipa baja                     Ÿ Penerbitan Penawaran Umum                    Ÿ Pemancangan pertama Plant 7                    Ÿ   S P I N D O m e n e r b i t k a n Pe n a wa r a n
         nirkarat (stainless steel)                Berkelanjutan (PUB) II Tahap II sebesar         SPINDO Gresik pada bulan                         Obligasi Terkait Keberlanjutan sebesar Rp
         beroperasi.                               Rp 170.000.000.000,00 dengan                    September 2023.                                  1.000.000.000.000,00 (1 triliun)           yang
                                                   spread sebesar 100 bps terhadap             Ÿ Memperoleh sertifikat                               ditanggung sepenuhnya oleh CGIF.
         Production of stainless
                                                   Benchmark Obligasi Negara.                      MONOGRAM LISENCE API 5L-                     Ÿ   Pembukaan Warehouse Plant 7 SPINDO
         steel pipes (stainless
                                                Ÿ Peresmian Depo SPINDO ke-4 di                    1276 dari American Petroleum                     Gresik pada Juli 2024.
         steel) is in operation.
                                                   Makassar tanggal 15 Juni 2023.                  Institute (API).
                                                                                                                                                Ÿ   SPINDO issued a Sustainability-Linked
                                                Ÿ Issuance of Continuous Public Offering       Ÿ First groundbreaking for Plant 7                   Bond offering in the amount of IDR
                                                   (PUB) II Phase II worth Rp                      SPINDO Gresik in September                       1,000,000,000,000 (one trillion Rupiah),
                                                   170,000,000,000.00 at a spread of               2023.                                            which is fully guaranteed by CGIF.
                                                   100 basis points over the government        Ÿ Obtained MONOGRAM LICENCE                      Ÿ   The inauguration of SPINDO's
                                                   bond benchmark.                                 API 5L-1276 certificate from the                  Warehouse Plant 7 in Gresik is scheduled
                                                Ÿ Inauguration of the 4th SPINDO Depot             American Petroleum Institute                     for July 2024.
                                                   in Makassar on June 15, 2023.                   (API).




                                        TEntang kami                   strategi keberlanjutan                           Profil Perusahaan                     tata kelola keberlanjutan
34         3                              about us                     sustainability strategy                          Corporate Profile                       corporate governance
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                                                                        FoundationS Progress




 1998                                            2005                                                            2007                                        2010
     Merger dengan                               Pendirian pabrik            Memperoleh sertifikasi              Memperoleh ISO TS
                                                                                                                                                            Persetujuan dari Building
     “Perusahaan Dagang                          di Karawang yang            API SL 0475 sebagai                 16949 Quality
                                                                                                                                                            & Construction Authority
     dan Industri PT Radjin”                     memproduksi pipa            penyedia pipa industri              Management System
                                                                                                                                                            Singapura untuk menyedia-
     dan mempertahankan                          mekanik untuk               minyak dan gas bumi                 untuk pipa otomotif di
                                                                                                                                                            kan pipa baja spiral.
     nama SPINDO.                                industri otomotif.          di Indonesia.                       pabrik Karawang.


                                                                                                                                                            Approved by Building
     Merged with                                 Established                 Obtained a certification            Obtained a certificate
                                                                                                                                                            & Construction Authority,
     “Perusahaan Dagang                          manufacturing plant         of API SL 0475 for oil              of ISO TS 16949 Quality
                                                                                                                                                            a statutory board of
     dan Industri PT Radjin”;                    in Karawang which           and gas industries in               Management System for
                                                                                                                                                            Singapore Government
     Retained the name of                        produces mechanical         Indonesia.                          automotive pipes in
                                                                                                                                                            for spiral steel pipes.
     SPINDO.                                     pipes for automotive                                            Karawang.
                                                 industries.




 2017                                            2018                                                 2019                                                 2020
 Penandatanganan kerja-                          Ekspor perdana pipa                                  Ÿ Pembukaan Depo Samarinda                            Memperoleh ISO 14001
 sama untuk pasokan bahan                        bersertifikasi UL                                       untuk melayani pelanggan di                        sebagai komitmen
 baku antara SPINDO dan                          (Underwriters Laboratory)                               area Kalimantan Timur.                             Perseroan terhadap
 Benxi Steel Group Co. Ltd.                      ke Kanada dan Amerika                                Ÿ Launching Kanal Digital :                           lingkungan untuk seluruh
 tanggal 30 November 2017,                       tanggal 23 Januari 2018,                                Youtube Instagram dan Linkedin.                    produk yang dihasilkan.


 Signing of Cooperation                          First export of UL                                   Ÿ Opening of Samarinda Depot to                       Obtained ISO 14001 as the
 between SPINDO and Benxi                        (Underwriters Laboratory)                               serve customers in East                            Company's commitment to
 Steel Group Co. Ltd. on                         certified pipes to Canada                               Kalimantan area.                                   the environment for all
 November 30th, 2017,                            and America on                                       Ÿ Launching Digital Channels:                         products produced.
                                                 January 23rd, 2018,                                     Youtube, Instagram and Linkedin.




 2024                                                                                                   2025
 Ÿ    SPINDO menerbitkan Penawaran                                                                      Ÿ Groundbreaking Depo Karawang pada 10 November 2025
      Obligasi Terkait Keberlanjutan sebesar                                                            Ÿ Pelaksanaan Spindo Cup 2025
      Rp 1.000.000.000.000,00 (1 triliun)
                                                                                                        Ÿ SPINDO mendapatkan Top CSR of the Year dengan inisiatif
      yang ditanggung sepenuhnya oleh
                                                                                                           “SPINDO Peduli”
      CGIF.
                                                                                                        Ÿ SPINDO pertama kali mendapatkan penghargaan Corporate
 Ÿ    Pembukaan Warehouse Plant 7
                                                                                                           Secretary Champion 2025
      SPINDO Gresik pada Juli 2024.


 Ÿ    SPINDO issued a Sustainability-Linked                                                             Ÿ Groundbreaking for the Karawang Depot on November 10, 2025
      Bond offering in the amount of IDR                                                                Ÿ Implementation of the 2025 Spindo Cup
      1,000,000,000,000 (one trillion Rupiah),                                                          Ÿ SPINDO won Top CSR of the Year with its "SPINDO Peduli"
      which is fully guaranteed by CGIF.                                                                   initiative
 Ÿ    The inauguration of SPINDO's
                                                                                                        Ÿ SPINDO received the Corporate Secretary Champion award for
      Warehouse Plant 7 in Gresik is
                                                                                                           the first time in 2025
      scheduled for July 2024.




         kinerja ekonomi                             kinerja sosial                               kinerja lingkungan                   indeks pojk & standar gri
                                                                                             environmental performance                                                                3   35
      economic performance                        social performance                                                                   pojk & gri standard index
Page 44
                                 Strengthening                       Advancing
                                 FoundationS Progress                                                            2025 Sustainability Report


                                                                                                                                          [102-16,103-2]
     Visi, Misi & Nilai-Nilai Perusahaan
     Vision, Mission & Corporate Values



              Visi | Vision                                Misi | Mission
                                               Menopang visi dengan terus melakukan pembaharuan melalui pembelajaran dan
                                               peningkatan yang berkelanjutan, penerapan teknologi baru dan dengan mempraktikan cara
                                               bisnis terbaik.
                                               Supporting the vision by continuing to reform through continuous learning and improvement,
          Meningkatkan                         implementing new technologies, and employing the most effective business practices.

          Kualitas Hidup
                                               Menyediakan produk yang dapat diandalkan dari karyawan yang sangat terampil, produktif
          Improving Quality
                                               dan berdedikasi melalui proses produksi yang mumpuni.
          of Life.
                                               Providing reliable products from highly skilled, productive, and dedicated personnel using a
                                               capable manufacturing method.


                                               Mengembangkan diversifikasi pasar yang memberikan stabilitas serta keuntungan finansial.
                                               Developing market diversification provides stability and financial advantages.


                                               Memberikan lingkungan yang berorientasi pada pertumbuhan bagi masyarakat.
                                               Providing a growth-oriented environment for the community.




                  Nilai-Nilai Perusahaan | Corporate Values

     Kejujuran adalah suatu sikap, perkataan,       Kepedulian adalah suatu           Kedisiplinan adalah tindakan             Kompak adalah
     maupun tindakan yang timbul dari dalam         sikap ikut merasakan dan          dalam melaksanakan kewajiban,            kemampuan melaksanakan
     diri seseorang dengan berlandaskan             mengerti akan                     rutinitas dengan penuh rasa              kerja secara bersama-sama
     kenyataan, hati nurani, dan kebenaran          kepentingan orang lain.           tanggung jawab dan menaati               untuk mencapai satu tujuan
     tanpa dipengaruhi situasi apapun.                                                peraturan.                               yang sama.


     Honesty is the attitude, words and actions     Caring is an attitude of          Discipline is the act of                 Team Up is the capability to
     that emerge from within a person based         sympathy and                      performing obligations, routine          work together to achieve the
     on the reality, conscience and the truth free understanding of other             activities responsibly and               common goal.
     from the influence of any situation.            people’s interest.                according to the regulations.

     Komunikasi adalah kegiatan pemberian                        Kecepatan adalah kemampuan                          Kreativitas adalah kemampuan
     informasi yang mengandung arti/pesan yang                   melakukan penyelesaian pekerjaan                    menciptakan/ memberikan gagasan,
     perlu dipahami bersama oleh pihak-pihak yang                secara cepat dengan hasil memuaskan                 ide maupun inovasi terhadap tugas,
     terkait dalam kegiatan komunikasi.                          dan sesuai standart yang ditetapkan.                pekerjaan, lingkungan kerja.


     Communication is the activity of sharing                    Responsiveness is the capability in                 Creativity is the capability to create /
     information which contains meaning message                  completing tasks swiftly with                       give ideas, ideas and innovations
     that needs collective understanding by all parties          satisfactory results and in line with               towards duties, occupation, work
     involved in the communication activity.                     assigned standards.                                 environment.




                              TEntang kami                strategi keberlanjutan                 Profil Perusahaan                  tata kelola keberlanjutan
36       3                      about us                  sustainability strategy                Corporate Profile                    corporate governance
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                                                      FoundationS Progress




 Tujuan Perusahaan | Company objectives
 Perseroan menetapkan tujuan perusahaan sebagai pedoman dan          The Company sets corporate goals as guidelines and directions
 arah untuk seluruh kegiatan organisasi. Tujuan tersebut adalah:     for all organizational activities. These objectives are:



                    Smart


 S                  Bekerja dengan cerdik untuk mencapai tujuan bersama
                    yang spesifik, terukur, disepakati, realistis, dan dapat
                    ditelusuri.
                                                                                   To work astutely in order to achieve the common goal
                                                                                   that is specific, measurable, based on mutual agreement,
                                                                                   realistic and traceable.




                    Professional & Credible


 P                  Mampu dan mau serta dapat dipercaya dalam
                    menjalankan tugas dan tanggung jawab secara terus-
                    menerus.
                                                                                   Able and willing as well as reliable in carrying out duties
                                                                                   and responsibilities continuously.




                    Innovation & Continuous Improvement


 I                  Berusaha untuk melakukan perubahan & meningkatkan
                    kualitas secara terus menerus serta mencari cara-cara
                    baru dalam membuat barang & jasa industri sesuai
                    kebutuhan pasar demi kelangsungan hidup perusahaan.
                                                                                   Strive to make changes and improve quality continuously
                                                                                   as well as finding new avenues in producing industrial
                                                                                   goods and services according to the market’s need for
                                                                                   the interest of the Company’s continuity.



                    No Complaints


 N                  Selalu memuaskan semua pelanggan baik dari dalam
                    maupun luar perusahaan.
                                                                                   To bring satisfaction perennially to the customer either
                                                                                   from the internal and external of the Company.




                    Discipline & Loyalty


 D                  Taat, patuh dan selalu melaksanakan dengan baik tata
                    tertib perusahaan, tugas, jabatan, kerja serta setia dan
                    ikut memajukan perusahaan.
                                                                                   Observant, compliant and constantly committed to
                                                                                   carrying out the Company’s rules of order, duties,
                                                                                   functions, work whilst remaining loyal and actively taking
                                                                                   part in the advancement of the Company.



                    Organized & Teamwork


 O                  Bersedia dan mampu untuk bekerja sama sebagai tim
                    yang tangguh dan saling melengkapi untuk mencapai
                    tujuan Perseroan yang telah disepakati.
                                                                                   Readily and capable to collaborate as a solid and
                                                                                   complimentary team to achieve the Company’s agreed
                                                                                   upon goals.




      kinerja ekonomi                   kinerja sosial                  kinerja lingkungan              indeks pojk & standar gri
                                                                   environmental performance                                                3    37
   economic performance              social performance                                                 pojk & gri standard index
Page 46
                                    Strengthening                Advancing
                                    FoundationS Progress                                                      2025 Sustainability Report


                                                                         [C.2, C.4][102-3, 4, 6]
     Wilayah Operasi
     Areas of Operation

     Wilayah operasi SPINDO telah menjangkau berbagai pelosok tanah            SPINDO's operational area has reached various corners of the
     air dengan pembangunan store dan stockist di beberapa daerah.             country by building stores and stockists in several areas. A number of
     Sejumlah lokasi produksi yang berdekatan dengan jalur distribusi          production locations that are close to port distribution channels
     pelabuhan memudahkan pengiriman barang ke wilayah timur                   facilitate the delivery of goods to eastern Indonesia. The company
     Indonesia. Perseroan berupaya menjangkau hingga ke berbagai               seeks to reach various remote areas of Indonesia.
     wilayah Indonesia yang terpencil.




      Representative
                                                            Representative
          Office
                                                                Office
        MEDAN
                                                           PEKANBARU




                                                                            PONTIANAK
                                                                         PALEMBANG

                        SPINDO           PADANG                                                                   SPINDO                    BALIKPAPAN
                                                                                     Representative               GRESIK
                       JAKARTA
                         Store &
                         Stockist
                                                                                         Office
                                                                                    SEMARANG
                                                                                                              PLANT
                                                                                                                      7
                                                                                                                  Store &
                                                                                                                  Stockist     BANJARMASIN
                                                    LAMPUNG


                                                           SPINDO
                                                         KARAWANG                                                              MATARAM
                                                         PLANT
                                                                 5                                                               DENPASAR


                                              SPINDO                                                                           SPINDO
                                             BANDUNG                                                                          SIDOARJO

                                              Store &
                                              Stockist
                                                                                                                             PLANT
                                                                                                                                     6
                                                                                                                               Store &
                                                                   SPINDO                                                      Stockist
                                                                  PASURUAN
                                                                 PLANT
                                                                         4
                                                                    Store &
                                                                                                         SPINDO
                                                                    Stockist                            SURABAYA
                                                                                                      PLANT
                                                                                                              1     PLANT
                                                                                                                             2
                                                                                                        PLANT
                                                                                                                   3
                              TEntang kami           strategi keberlanjutan                 Profil Perusahaan                 tata kelola keberlanjutan
38       3                      about us             sustainability strategy                Corporate Profile                   corporate governance
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                                                              FoundationS Progress



                                                                          CANADA

                                                                                      Export
                                                                                                                                             VIETNAM

                                                                                                                      MALAYSIA




                                                                                                                                              TIMOR LESTE


                                 SAMARINDA

                                    Store &                               AMERICA
                                    Stockist


                                                                                                                                     AUSTRALIA




                                       MANADO
                                                                        SORONG

                                                                                                           JAYAPURA




                                                         AMBON



                              MAKASSAR
                                Store &
                                Stockist




  HFW                                                           SSAW                                                  TIG
Fasilitas produksi oleh pabrik :                                Fasilitas produksi oleh pabrik :                      Fasilitas produksi oleh pabrik :
Manufacturing facilities by plants :                            Manufacturing facilities by plants :                  Manufacturing faciliti`es by plants :
Plant 1 | Plant 2 | Plant 3 | Plant 4 | Plant 5 | Plant 6 |     Plant 4                                               Plant 2


Black pipes, API pipes            Digunakan untuk               Spiral pipes     Digunakan untuk                      Pipa Stainless Steel
water pipes, mechanical           konstruksi, jalur pipa air,   (API & Non       konstruksi, tiang pancang,           Industri & Ornamen.
pipes, furniture pipes,           jalur pipa minyak & gas,      API pipes)       pipa utilitas, perpipaan air,        Digunakan sebagai
steel poles.                      pipa otomotif, furnitur,                       transmisi/distribusi minyak          furnitur, rangka,
                                  dan sebagainya.                                & gas, dan sebagainya.               industri gula, perpipaan,
                                                                                                                      dan sebagainya.


                                  Used in construction,                          Used in construction,                Industrial & ornament
                                  water pipeline, oil and                        piling, utilities, water             Stainless Steel pipes.
                                  gas pipeline, auto,                            pipeline, transmission/              Used in furniture, frame,
                                  furniture, etc.                                distribution oil & gas, etc.         chemical / sugar mill, piping, etc


          kinerja ekonomi                     kinerja sosial                   kinerja lingkungan                indeks pojk & standar gri
                                                                          environmental performance                                                    3      39
       economic performance                social performance                                                    pojk & gri standard index
Page 48
                            Strengthening                        Advancing
                            FoundationS Progress                                                2025 Sustainability Report



     Informasi Pabrik              [C.2][102-3, 6]
                                                     | Plant Information




     SPINDO - Surabaya

                                        Rungkut Industri I No. 28 - 32,                             Production facilities:
                                        Surabaya 60292,                                        4    HFW (Diameter : ½” - 8”)

                                        East Java
         PLANT
                         1
                                                                                                    Services Facilities :
                                        Land Area:                                             2    Galvanizing
                                                                                               2    Slitting
                                        30,131 m²                                              2    Shearing
                                                                                               1    Laser Cutting (2 axis)
                                        Established in 1978                                         Recutting




     SPINDO - Surabaya

                                        Rungkut Industri II No. 10,                            Production facilities:
                                        Surabaya 60292,                                      1 HFW (Diameter : 1” - 3”)
                                                                                             7 TIG (Diameter : ¼” - 8”)
                                        East Java
     PLANT
                         2              Land Area:

                                        15,280 m²
                                        Established in 1982
                                                                                               Services Facilities:
                                                                                             2 Slitting
                                                                                             1 Induction Annealing Offline
                                                                                             1 Laser Cutting (4 axis)




                         TEntang kami                 strategi keberlanjutan    Profil Perusahaan                tata kelola keberlanjutan
40      3                  about us                   sustainability strategy   Corporate Profile                  corporate governance
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                                                  FoundationS Progress




                                                                                                                      SPINDO - Surabaya

Ds. Warugunung, Karangpilang,                 Production facilities:
Surabaya 60221,                          3    HFW (Diameter : ½” - 8”)

East Java
                                                                                                         PLANT
                                                                                                                             3
                                              Services Facilities:
Land Area:                               1    Galvanizing
                                         2    Slitting
29,800 m²
Established in 1971




                                                                                                                      SPINDO - Pasuruan

Jl. Kabupaten, Ds. Cangkringmalang,           Production facilities:
Beji, Pasuruan,                          4    SSAW (Diameter : 6” - 125”)
                                              Services Facilities:
East Java

                                                                                                                            4
                                              Steel Coating
Land Area:                                      3-Layer Polyethylene Coating                            PLANT
                                                Cement Lining; Epoxy Internal Coating
143,257 m²                                      Epoxy External Coating
                                         1    Shearing
Established in 1992                           Accessories Fabrication (Elbow, Concentric Reducer,
                                              Eccentric Reducer, Tee, Lateral, Y-Branch, Bifurcation)




      kinerja ekonomi               kinerja sosial                    kinerja lingkungan        indeks pojk & standar gri
                                                                 environmental performance                                          3     41
   economic performance          social performance                                             pojk & gri standard index
Page 50
                            Strengthening                       Advancing
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     SPINDO - Karawang

                                        Kawasan Industri Mitrakarawang                       Production facilities:
                                        Jl. Mitra Raya 2 Blok F2, Ds. Parungmulya,       1   HFW Heavy Gauge Carbon Steel
                                        Karawang 41361,                                      (D : 1” - 2½”) Thickness 2.50mm - 6.50mm




                         5
                                                                                         7   HFW Carbon Steel (D : ½” - 4”)
     plant                              West Java                                        1   HFW SS (D : 1” - 2½”)
                                        Land Area:
                                                                                             Services Facilities:
                                        50,000 m²                                        2   Slitting
                                                                                         1   Laser Cutting (4 axis)
                                        Established in 2005                                  Recutting




     SPINDO - Sidoarjo

                                        Jl. Pahlawan No. 10,                                 Production facilities:
                                        Cemengkalang, Sidoarjo,                          9   HFW (D : 3/8” - 3”)

                                        East Java

                         6
                                                                                             Services Facilities:
     plant                              Land Area:                                       1   Epoxy Coating
                                                                                         1   Shearing
                                        40,330 m²                                        1   Slitting
                                                                                             Recutting
                                        Established in 2013                                  General Fabrication




                         TEntang kami                strategi keberlanjutan          Profil Perusahaan                tata kelola keberlanjutan
42       3                 about us                  sustainability strategy         Corporate Profile                  corporate governance
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                                                         FoundationS Progress



Informasi Kantor Perwakilan, Depo & Lainnya [C.2][102-3] | Depot, Representative Office & Other Information




                                                                                                                                           SPINDO - Gresik

SPINDO MAKASSAR                                       SPINDO GRESIK                 Ongoing Project
Depot                                                 Depot




                                                                                                                                                  7
Jl. IR Sutami,                                        Jl. Raya Daendels Km 49,      Jl. Raya Daendels Km 49,
Makassar,                                             Desa Wadeng, Gresik           Desa Wadeng, Gresik, East Java.      plant
South Sulawesi.                                       East Java.                    Land Use Permit: 400 ha
Land Area: 6,057 m²                                   Land Area: 8,600 m²           Production: up to 16” est. 2023




SPINDO JAKARTA BARAT                         SPINDO BANDUNG                      SPINDO SAMARINDA                         SPINDO SIDOARJO
Depot                                        Depot                               Depot                                    Depot

Kawasan Pergudangan Semanan Megah            Bizpark Commercial Estate           Mangkupalas Business Center               Jl. Pahlawan No. 10,
Kav. 7 Blok B No. 1, Jl. Daan Mogot Km 18,   Jl. Kopo 455 Blok B1 No. 26A,       Pergudangan E10-11, F9-10,                Sidoarjo, East Java.
Kalideres, West Jakarta.                     Bandung 40277, West Java.           Samarinda, East Kalimantan.
Land Area: 2,150 m²                          Land Area: 1,746 m²                 Land Area: 2,652 m²




SPINDO PASURUAN                          SPINDO PEKANBARU                        SPINDO SEMARANG                          SPINDO MEDAN
Depot                                    Representative Office                   Representative Office                    Representative Office

Jl. Kabupaten,                           Graha Pena Riau Lt. 7 - R705,           Genius Idea @ Dafam Space                Sinar Mas Land Plaza, GoWork
Ds. Cangkringmalang, Beji,               Jl. HR. Soebrantas Panam Km. 10,5       Menara Suara Merdeka, Lt 11 - R9,        Jl. Pangeran Diponegoro No.18
Pasuruan, East Java.                     Sidomulyo Barat, Tuah Karya,            Jl. Pandanaran No.30, Pekunden,          10th Floor, Madras Hulu,
Land Area: 2,268 m²                      Kec. Tampan, Pekanbaru,                 Kec. Semarang Tengah, Semarang,          Kec. Medan Polonia, Kota Medan,
                                         Riau 28294, Indonesia.                  Central Java 50134, Indonesia.           Sumatera Utara 20152, Indonesia.




         kinerja ekonomi                   kinerja sosial                     kinerja lingkungan               indeks pojk & standar gri
                                                                         environmental performance                                                   3       43
      economic performance              social performance                                                     pojk & gri standard index
Page 52
                                            Strengthening                         Advancing
                                            FoundationS Progress                                                                2025 Sustainability Report


     Sertifikasi [F.27] [102-12]
     Certifications

      Jenis Sertifikasi | Type of Certification                                                                                           Instansi Penerbit | Issuer
      Sertifikasi Internasional | International Certifications
     Activfire Fire Sprinkler and Hydrant Pipe (AFP-3723 ; AFP-3724 ; AFP-3725 ; AFP-3726)                                                CSIRO (AUSTRALIA)
     API Monogram License (5L-1143 ; 5L-0313 ; & 5L-1276)                                                                                American Petrolium Institute (USA)
     CE Marks (946 38289-01)                                                                                                             TÜV Rheinland (GERMANY)
     FM 1630 Approval (3061718, PR454495)                                                                                                FM Approvals (USA)
     Leadfree Safe Drinking Water Act NSF/ANSI/CAN 372-2020 (FILE NUMBER 13708)                                                          IAPMO Research and Testing, Inc (USA)
     SIRIM MS 863 : 2010 (PC011951) & BS EN 10255: 2004 (Pc011962)                                                                       SIRIM QAS International SDN. BHD.
                                                                                                                                         (MALAYSIA)
     Underwriter Laboratories / UL Marks 852 (EX 27615)                                                                                  UL LLC (USA)


      Sertifikasi Nasional | National Certifications
     IATF 16949 : 2016 Quality Management System (for Automotive ) (L9KXNY / 0526496)                                                    Intertek SAI Global
     ISO 14001 : 2015 Environmental management systems (EMS41564)                                                                        Intertek SAI Global
     ISO 45001 : 2018 Occupational health and safety management systems (OHS20915; HSM41553; HSM42168)                                   Intertek SAI Global
     ISO 9001 : 2015 Quality Management System (QEC21829)                                                                                Intertek SAI Global
     ISO/IEC 17025 : 2017 Testing and calibration laboratories (LP-1379 IDN)                                                             Komite Akreditasi Nasional
     CIQS 2000 : 2018 Standar sistem mutu jaringan akses telekomunikasi (BSCIQS27865)                                                    Telkom PCC
     Pengujian Jenis / Type Test SPLN D3.019-1:2020/SUP-1:2022 - 9M/200daN (LKPP/0387/10112197/2024)                                     PLN Pusertif
     Pengujian Jenis / Type Test SPLN D3.019-1:2020/SUP-1:2022 - 9M/350daN (LKPP/0388/10112197/2024)                                     PLN Pusertif
     Pengujian Jenis / Type Test SPLN D3.019-1:2020/SUP-1:2022 - 11M/200daN (LKPP/0389/10112197/2024)                                    PLN Pusertif
     Pengujian Jenis / Type Test SPLN D3.019-1:2020/SUP-1:2022 - 12M/200daN (LKPP/0390/10112197/2024)                                    PLN Pusertif
     QA TEST TELKOM T7 - STEL L-003-2021 VERSI 4.0 (Tel.431/TH-01/2024)                                                                  PT Telekomunikasi Indonesia Tbk
     QA TEST TELKOM T7 2SEGMEN - STEL L-085-2022 VERSI 1.0 (Tel.319/TH-01/2025)                                                          PT Telekomunikasi Indonesia Tbk
     QA TEST TELKOM T9 - STEL L-003-2021 VERSI 4.0 (Tel.432/TH-01/2024)                                                                  PT Telekomunikasi Indonesia Tbk
     QA TEST TELKOM T6 - STEL L-086-2023 VERSI 1.0 (Tel.318/TH-01/2025)                                                                  PT Telekomunikasi Indonesia Tbk
     Sistem Manajemen K3 (PP 50 TAHUN 2012)                                                                                              Kemenaker
     SPM SPLN D3.019-1:2025 JTR 9M / 200daN (CAT) (24.300007090.1.2/SPM-LMK/25)                                                          PLN Pusertif
     SPM SPLN D3.019-1:2025 JTR 11 M / 200daN (HOT DIP GALVANIS) (24.300007090.1.5/SPM-LMK/25)                                           PLN Pusertif
     SPM SPLN D3.019-1:2025 JTM 12 M / 200 daN (HOT DIP GALVANIS) (24.300007090.1.7/SPM-LMK/25)                                          PLN Pusertif
     SPM SPLN D3.019-1:2025 JTR 9M / 200daN (HOT DIP GALVANIS) (24.300007090.1.1/SPM-LMK/25)                                             PLN Pusertif
     SPM SPLN D3.019-1:2025 JTR 9M / 350 daN (HOT DIP GALVANIS) (24.300007090.1.3/SPM-LMK/25)                                            PLN Pusertif
     SPM SPLN D3.019-1:2025 JTM 12 M / 200 daN (CAT) (24.300007090.1.8/SPM-LMK/25)                                                       PLN Pusertif
     SPPT SNI - SNI 0039 : 2024 (208/15.01.31/25/LSPro/XI/2025)                                                                          BSPJI Surabaya
     SPPT SNI - SNI 0039 : 2013 (311/S/RV/B/V.4/2015)                                                                                    BSPJI Jakarta
     SPPT SNI - SNI 0039 : 2013 (364/W/RE/B/X.10/2016)                                                                                   BSPJI Jakarta
     SPPT SNI - SNI 0039 : 2013 (310/S/EX/B/V.3/2015)                                                                                    BSPJI Jakarta
     SPPT SNI - SNI 0068 : 2013 (386/S/RE/B/X/2017)                                                                                      BSPJI Jakarta
     SPPT SNI - SNI 0068 : 2013 (61/S/RV/B/II/2017)                                                                                      BSPJI Jakarta
     SPPT SNI - SNI 05-0069-1987 (366/S/RE/B/X.10/2016)                                                                                  BSPJI Jakarta
     SPPT SNI - SNI 05-0069-1987 (389/S/RE/B/X/2017)                                                                                     BSPJI Jakarta
     SPPT SNI - SNI 07-0067-1987 (365/S/RE/B/X.10/2016)                                                                                  BSPJI Jakarta
     SPPT SNI - SNI 07-0067-1987 (384/S/RE/B/X/2017)                                                                                     BSPJI Jakarta
     SPPT SNI - SNI 07-0537-1989 (189/S/RV/B/VI.4/2016)                                                                                  BSPJI Jakarta
     SPPT SNI - SNI 07-0537-1989 (233/S/RE/VI.6/2014)                                                                                    BSPJI Jakarta
     SPPT SNI - SNI 07-2658-1992 (390/S/RE/B/X/2017)                                                                                     BSPJI Jakarta
     SPPT SNI - SNI 7033 : 2020 (622210093)                                                                                              PT IAPMO Group Indonesia
     SPPT SNI - SNI 8052 : 2014 (124/S/EX/B/IV.3/2016)                                                                                   BSPJI Jakarta
     SPPT SNI - SNI 8052 : 2014 (244/S/EX/B/VII.4/2016                                                                                   BSPJI Jakarta
     TDKN COATING SPIRAL PIPE : external 3lpe a252; external epoxy a252; external epoxy AWWA C200; Internal epoxy AWWA C200; external
     3lpe & internal cement lining AWWA C200; Internal cement lining AWWA C200; external&internal epoxy AWWA C200; external epoxy &      Kemenperin (Via Surveyor Indonesia)
     internal cement lining AWWA C200 (9194/SJ-IND.8/TKDN/10/2023)
     TKDN API 5L ERW-GR A PSL 1 (10316/SJ-IND.8/E-TKDN/9/2024)                                                                           Kemenperin (Via Surveyor Indonesia)
     TKDN API 5L ERW-GR B PSL1 (10313/SJ-IND.8/E-TKDN/9/2024)                                                                            Kemenperin (Via Surveyor Indonesia)
     TKDN API 5L ERW-GR BM PSL 2 (10312/SJ-IND.8/E-TKDN/9/2024)                                                                          Kemenperin (Via Surveyor Indonesia)
     TKDN API 5L SPIRAL-GR B PSL 1 (10672/SJ-IND.8/E-TKDN/10/2024)                                                                       Kemenperin (Via Surveyor Indonesia)
     TKDN API 5L SPIRAL-GR BM PSL 2 (10673/SJ-IND.8/E-TKDN/10/2024)                                                                      Kemenperin (Via Surveyor Indonesia)
     TKDN API 5L SPIRAL-GR X42M PSL 2 (10674/SJ-IND.8/E-TKDN/10/2024)                                                                    Kemenperin (Via Surveyor Indonesia)
     TKDN API 5L SPIRAL-GR X52M PSL 2 (12052/SJ-IND.8/E-TKDN/10/2024)                                                                    Kemenperin (Via Surveyor Indonesia)


                                        TEntang kami                   strategi keberlanjutan                 Profil Perusahaan                       tata kelola keberlanjutan
44        3                               about us                     sustainability strategy                Corporate Profile                         corporate governance
Page 53
                                                                 Strengthening                      Advancing

LAPORAN keberlanjutan 2025
                                                                 FoundationS Progress


 Type of Certification | Jenis Sertifikasi                                                                                 Issuer | Instansi Penerbit
TKDN API 5L SPIRAL-GR X65M PSL 2 (12054/SJ-IND.8/E-TKDN/10/2024)                                                           Kemenperin (Via Surveyor Indonesia)
TKDN ASTM A252 ERW (10315/SJ-IND.8/E-TKDN/9/2024)                                                                          Kemenperin (Via Surveyor Indonesia)
TKDN ASTM A252 Gr. 2 SPIRAL (9417/SJ-IND.8/E-TKDN/9/2024)                                                                  Kemenperin (Via Surveyor Indonesia)
TKDN ASTM A252 Gr. 3 SPIRAL (9418/SJ-IND.8/E-TKDN/9/2024)                                                                  Kemenperin (Via Surveyor Indonesia)
TKDN ASTM A53 ERW (8165/SJ-IND.8/TKDN/12/2022)                                                                             Kemenperin (Via Surveyor Indonesia)
TKDN AWWA C200 SPIRAL (9193/SJ-IND.8/TKDN/10/2023)                                                                         Kemenperin (Via Surveyor Indonesia)
TKDN JIS A5525 SPIRAL (9192/SJ-IND.8/TKDN/10/2023)                                                                         Kemenperin (Via Surveyor Indonesia)
TKDN Pipa ERW Pancang SNI 8052 kelas 1,2&3 (1546/SJ-IND.8/TKDN/2/2023)                                                     Kemenperin (Via Surveyor Indonesia)
TKDN Pipa Spiral Pancang SNI 8052 kelas 2&3 (2708/SJ-IND.8/TKDN/3/2023)                                                    Kemenperin (Via Surveyor Indonesia)
TKDN SNI 0039 ERW (3838/SJ-IND.8/TKDN/4/2023)                                                                              Kemenperin (Via Surveyor Indonesia)
TKDN SNI 0039 SPIRAL (10263/SJ-IND.8/TKDN/11/2023)                                                                         Kemenperin (Via Surveyor Indonesia)
TKDN SPLN D3.019-1:2012 SUTR 9M/100daN (10778/SJ-IND.8/E-TKDN/10/2024)                                                     Kemenperin (Via Surveyor Indonesia)
TKDN SPLN D3.019-1:2012 SUTR 9M/200daN (10779/SJ-IND.8/E-TKDN/10/2024)                                                     Kemenperin (Via Surveyor Indonesia)
TKDN SPLN D3.019-1:2012 SUTR 11M/200daN (10780/SJ-IND.8/E-TKDN/10/2024)                                                    Kemenperin (Via Surveyor Indonesia)
TKDN SPLN D3.019-1:2012 SUTR 12M/200daN (10781/SJ-IND.8/E-TKDN/10/2024)                                                    Kemenperin (Via Surveyor Indonesia)
TKDN SPLN D3.019-1:2012 SUTR 13M/200daN (10774/SJ-IND.8/E-TKDN/10/2024)                                                    Kemenperin (Via Surveyor Indonesia)
TKDN PIPA STAINLESS SCH40S 5-8 INCH SUS304TP/TP304/TP304L (4242/SJ-IND.8/E-TKDN/6/2024)                                    Kemenperin (Via Surveyor Indonesia)
TKDN PIPA STAINLESS SCH40S 1/2-4 INCH SUS304TP/BJ S 304/TP304/TP304L (4243/SJ-IND.8/E-TKDN/6/2024)                         Kemenperin (Via Surveyor Indonesia)
TKDN PIPA STAINLESS SCH20S 5-8 INCH SUS304TP (6548/SJ-IND.8/E-TKDN/8/2024)                                                 Kemenperin (Via Surveyor Indonesia)
TKDN PIPA STAINLESS SCH20S 1/2-4 INCH SUS304TP/BJ S 304 (7340/SJ-IND.8/E-TKDN/8/2024)                                      Kemenperin (Via Surveyor Indonesia)
TKDN PIPA STAINLESS SCH10S 5-8 INCH SUS304TP/TP304/TP304L (7415/SJ-IND.8/E-TKDN/9/2024)                                    Kemenperin (Via Surveyor Indonesia)
TKDN PIPA STAINLESS SCH10S 1/2-4 INCH SUS304TP/BJ S 304/TP304/TP304L (7416/SJ-IND.8/E-TKDN/9/2024)                         Kemenperin (Via Surveyor Indonesia)
TKDN PIPA ERW API 5L GR B PSL1 Dia 1/2" - 3" PLANT 5 (5876/SJ-IND.8/E-TKDN/7/2024)                                         Kemenperin (Via Surveyor Indonesia)
TKDN PIPA ERW API 5L GR BM PSL2 Dia 1/2" - 3" PLANT 5 (5873/SJ-IND.8/E-TKDN/7/2024)                                        Kemenperin (Via Surveyor Indonesia)
TKDN PIPA ERW API 5L API 5L GR X42M PSL2 Dia 1/2" - 3" PLANT 5 (5872/SJ-IND.8/E-TKDN/7/2024)                               Kemenperin (Via Surveyor Indonesia)
TKDN PIPA ERW ASTM A53 SCH 40 Dia 1/2" - 3" PLANT 5 (5906/SJ-IND.8/E-TKDN/7/2024)                                          Kemenperin (Via Surveyor Indonesia)
TKDN PIPA ERW ASTM A53 SCH 80 Dia 1/2" - 3" PLANT 5 (5907/SJ-IND.8/E-TKDN/7/2024)                                          Kemenperin (Via Surveyor Indonesia)
TKDN SLOTTED STEEL TUBE OD 39,0 MM (18089/SJ-IND.8/E-TKDN/12/2024)                                                         Kemenperin (Via BSPJI Surabaya)
TKDN SLOTTED STEEL TUBE OD 33,0 MM (18090/SJ-IND.8/E-TKDN/12/2024)                                                         Kemenperin (Via BSPJI Surabaya)
TKDN SLOTTED STEEL TUBE OD 42,0 MM (18092/SJ-IND.8/E-TKDN/12/2024)                                                         Kemenperin (Via BSPJI Surabaya)
TKDN SLOTTED STEEL TUBE OD 47,0 MM (18093/SJ-IND.8/E-TKDN/12/2024)                                                         Kemenperin (Via BSPJI Surabaya)
STANDAR INDUSTRI HIJAU (SIH 24103.02.2024) INDUSTRI PIPA BAJA ELECTRIC RESISTANCE WELDING NON OTOMOTIF                     LSIH BSPJI SURABAYA
TKDN COATING SPIRAL 3LPE PSL 1 (12264/SJ-IND.8/E-TKDN/8/2025)                                                              Kemenperin (Via BSPJI Surabaya)
TKDN COATING SPIRAL 3LPE PSL 2 (12265/SJ-IND.8/E-TKDN/8/2025)                                                              Kemenperin (Via BSPJI Surabaya)
TKDN COATING SPIRAL FUSION BONDED EPOXY (FBE) PSL 1 (12269/SJ-IND.8/E-TKDN/8/2025)                                         Kemenperin (Via BSPJI Surabaya)
TKDN COATING SPIRAL FUSION BONDED EPOXY (FBE) PSL 2 (12266/SJ-IND.8/E-TKDN/8/2025)                                         Kemenperin (Via BSPJI Surabaya)
TKDN COATING SPIRAL 3-LAYER POLYETHYLENE (3LPE) & INTERNAL COATING EPOXY PSL 1 (12287/SJ-IND.8/E-TKDN/8/2025)              Kemenperin (Via BSPJI Surabaya)
TKDN COATING SPIRAL 3-LAYER POLYETHYLENE (3LPE) & INTERNAL COATING EPOXY PSL 2 (12576/SJ-IND.8/E-TKDN/8/2025)              Kemenperin (Via BSPJI Surabaya)
TKDN COATING SPIRAL EPOXY INTERNAL & EKSTERNAL PSL 1 (12577/SJ-IND.8/E-TKDN/8/2025)                                        Kemenperin (Via BSPJI Surabaya)
TKDN COATING SPIRAL EPOXY INTERNAL & EKSTERNAL PSL 2 (12579/SJ-IND.8/E-TKDN/8/2025)                                        Kemenperin (Via BSPJI Surabaya)
TKDN COATING ERW 3-LAYER POLYETHYLENE 3LPE PSL 1 (16858/SJ-IND.8/E-TKDN/10/2025)                                           Kemenperin (Via BSPJI Surabaya)
TKDN COATING ERW 3-LAYER POLYETHYLENE 3LPE PSL 2 (16835/SJ-IND.8/E-TKDN/9/2025)                                            Kemenperin (Via BSPJI Surabaya)
TKDN COATING ERW 3-LAYER POLYETHYLENE (3LPE) & INTERNAL COATING EPOXY PSL 1 (14836/SJ-IND.8/E-TKDN/9/2025)                 Kemenperin (Via BSPJI Surabaya)
TKDN COATING ERW 3-LAYER POLYETHYLENE (3LPE) & INTERNAL COATING EPOXY PSL 2 (15195/SJ-IND.8/E-TKDN/9/2025)                 Kemenperin (Via BSPJI Surabaya)
TKDN ASTM A252 Gr. 2 SPIRAL (443/SJ-IND.8/E-TKDN/1/2025)                                                                   Kemenperin (Via BSPJI Surabaya)
TKDN ASTM A252 Gr. 3 SPIRAL (444/SJ-IND.8/E-TKDN/1/2025)                                                                   Kemenperin (Via BSPJI Surabaya)
TKDN ASTM X52M SPIRAL (5385/SJ-IND.8/E-TKDN/4/2025)                                                                        Kemenperin (Via BSPJI Surabaya)
TKDN STKM 11 Diameter 9,0 - 114 mm tebal 4,5 - 7,11 (16847/SJ-IND.8/E-TKDN/10/2025)                                        Kemenperin (Via BSPJI Surabaya)
TKDN STKM 11 Diameter 9,0 - 114 mm tebal 0,3 - 1,4 (16843/SJ-IND.8/E-TKDN/10/2025)                                         Kemenperin (Via BSPJI Surabaya)
TKDN STKM 11 Diameter 9,0 - 114 mm tebal 1,45 - 4,0 (16845/SJ-IND.8/E-TKDN/10/2025)                                        Kemenperin (Via BSPJI Surabaya)
TKDN STKM 11 Diameter 12,7/12,7 - 100/50 mm tebal 1,45 - 4,0 (16846/SJ-IND.8/E-TKDN/10/2025)                               Kemenperin (Via BSPJI Surabaya)
TKDN STKM 11 Diameter 12,7/12,7 - 100/50 mm tebal 1,9 - 2,0 (16848/SJ-IND.8/E-TKDN/10/2025)                                Kemenperin (Via BSPJI Surabaya)
TKDN STKM 11 Diameter 12,7/12,7 - 100/50 mm tebal 0,3 - 1,4 (16844/SJ-IND.8/E-TKDN/10/2025)                                Kemenperin (Via BSPJI Surabaya)
TKDN PIPA PERABOT BULAT CR MATERIAL LOKAL OD 9,3 - 63,5 TEBAL 0,25 - 1,5 (304/SJ-IND.8/E-TKDN/I/2025                       Kemenperin (Via Surveyor Indonesia)
TKDN PIPA PERABOT BULAT HR MATERIAL LOKAL OD 13,8- 88,1 TEBAL 1,65 - 3,6 (307/SJ-IND.8/E-TKDN/I/2025                       Kemenperin (Via Surveyor Indonesia)
TKDN PIPA PERABOT BULAT GI MATERIAL LOKAL OD 19,1 - 58,5 TEBAL 0,6 - 1,26 (305/SJ-IND.8/E-TKDN/I/2025                      Kemenperin (Via Surveyor Indonesia)
TKDN PIPA PERABOT KOTAK CR MATERIAL LOKAL OD 12,5/12,5 - 40/60 TEBAL 0,6 - 1,5 (309/SJ-IND.8/E-TKDN/I/2025                 Kemenperin (Via Surveyor Indonesia)
TKDN PIPA PERABOT KOTAK HR MATERIAL LOKAL OD 15/15 - 60/60 TEBAL 1,5 - 3,0 (310/SJ-IND.8/E-TKDN/I/2025                     Kemenperin (Via Surveyor Indonesia)
TKDN PIPA PERABOT KOTAK GI MATERIAL LOKAL OD 10/10 TEBAL 1,2; OD 12,5/12,5 - 40/80 TEBAL 0,6 - 1,2 JIS G 3466 STKR         Kemenperin (Via Surveyor Indonesia)
400(308/SJ-IND.8/E-TKDN/I/2025
Factory Production Control FPC BC1:2023 (037-BI-2025)                                                                      Bureau Veritas Indonesia


         kinerja ekonomi                         kinerja sosial                        kinerja lingkungan            indeks pojk & standar gri
                                                                                  environmental performance                                                      3   45
      economic performance                    social performance                                                     pojk & gri standard index
Page 54
                                    Strengthening                     Advancing
                                    FoundationS Progress                                                          2025 Sustainability Report



     Keanggotaan Organisasi & Asosiasi [C.5][102-13]
     Organization & Association Membership

     Perusahaan tergabung dalam beberapa asosiasi dan menjalin                       The Company joins associations and builds partnership with external
     kemitraan dengan pihak eksternal mewujudkan inisiatif keberlanjutan.            parties in order to realize its sustainable initiatives.

                                                Nama Organisasi Eksternal |                                                             Sifat Keikutsertaan |
     No.
                                                External Organization Name                                                              Types of Membership

      1.       IISIA (The Indonesian Iron and Steel Industry Association)                                                                Anggota | Member

      2.       ASIPBTK (Asosiasi Industri Pengguna Baja Tahan Karat) | Association of Stainless Steel User Industries                    Anggota | Member

      3.       APBALSI (Asosiasi Pemotongan Baja Lembaran Seluruh Indonesia) | Association of Indonesian Steel Sheet                     Anggota | Member

               Cutting

      4.       AGI (Asosiasi Galvanis Indonesia) | Association of Galvanizers Indonesia                                                  Anggota | Member

      5.       Apindo (Asosiasi Pengusaha Indonesia) | The Employers' Association of Indonesia                                           Anggota | Member

      6.       AEI (Asosiasi Emiten Indonesia) | The Indonesian Issuers Association                                                      Anggota | Member

      7.       ICSA (Indonesia Corporate Secretary Association)                                                                          Anggota | Member

      8.       ISSC (Indonesia Society of Steel Construction)                                                                            Anggota | Member




                                 TEntang kami              strategi keberlanjutan                 Profil Perusahaan                  tata kelola keberlanjutan
46         3                       about us                sustainability strategy                Corporate Profile                    corporate governance
Page 55
                             Strengthening   Advancing

LAPORAN keberlanjutan 2025
                             FoundationS Progress




          tata kelola
          perusahaan
          sustainability governance
                                                         4



                                                             4   47
Page 56
                                     Strengthening                      Advancing
                                     FoundationS Progress                                                              2025 Sustainability Report




     Implementasi Tata Kelola Perusahaan yang baik merupakan alat untuk menjaga        IThe implementation of Good Corporate Governance (GCG) is a tool to ensure
     kelangsungan bisnis, menjaga kepercayaan para pemangku kepentingan, dan           business continuity, maintain stakeholder trust, and foster corporate integrity.
     menumbuhkan integritas perusahaan. SPINDO telah menyusun berbagai pedoman         SPINDO has established various guidelines and policies that must be followed
     dan kebijakan yang wajib dipatuhi oleh seluruh pemangku kepentingan sebagai       by all stakeholders as a guide for the implementation of GCG. These guidelines
     panduan pelaksanaan GCG. Pedoman dan Kebijakan tersebut diantaranya adalah:       and policies include:
     1. Kebijakan Tata Kelola Perusahaan                                               1. Corporate Governance Policy
     2. Kode Etika                                                                     2. Code of Ethics
     3. Board Manual                                                                   3. Board Manual
     4. Komite Audit                                                                   4. Audit Committee
     5. Rapat Umum Pemegang Saham (RUPS)                                               5. General Meeting of Shareholders (GMS)
     6. Sekretaris Perusahaan                                                          6. Corporate Secretary
     7. Audit Internal                                                                 7. Internal Audit
     8. Pernyataan Independensi                                                        8. Independence Statement
     9. Komite Pemantau Penerapan dan Penegakan Pedoman Etika dan                      9. Ethics and Behavioral Guidelines Enforcement and Monitoring Committee
         Perilaku (KP5)                                                                    (KP5)
     10. Sistem Whistleblowing                                                         10. Whistleblowing System


     Implementasi GCG dilaksanakan dengan penyelarasan antara program-                 The implementation of GCG is carried out by aligning the GCG programs with
     program GCG dengan nilai-nilai inti dan rencana strategis SPINDO yang             SPINDO’s core values and strategic plans, based on the five principles of GCG,
     berpedoman pada 5 (lima) prinsip GCG, yaitu:                                      which are:




     Transparansi | Transparency
     Transparansi adalah keterbukaan dalam melaksanakan proses pengambilan             Transparency is openness in the decision-making process and in disclosing
     keputusan dan keterbukaan dalam mengemukakan informasi materiil dan               material and relevant information concerning SPINDO. In this regard, we have
     relevan mengenai SPINDO. Berkenaan dengan hal ini, Kami telah                     presented information that is accurate, punctual, concise, and consistent to the
     menyediakan informasi yang akurat, tepat waktu, jelas, dan konsisten kepada       stakeholders.
     para pemangku kepentingan.


     Akuntabilitas | Accountability
     Akuntabilitas adalah kejelasan fungsi, pelaksanaan, dan pertanggung-              Accountability is clarity in function, implementation, and accountability of the
     jawaban organisasi sehingga pengelolaan SPINDO terlaksana secara efektif          organization so that effective management of SPINDO can be achieved and all
     dan semua pihak dapat bertindak sesuai dengan hak, kewajiban dan                  parties can act according to the rights, responsibilities, and authorities
     wewenang yang telah ditetapkan.                                                   assigned to them.


     Pertanggungjawaban | Responsibility
     Pertanggungjawaban adalah kesesuaian pengelolaan terhadap Standar                 Responsibility is the suitability of governance with Standard Operating
     Prosedur Operasional, kebijakan SPINDO, dan peraturan perundang-                  Procedure, policies, and the prevailing laws and regulations as well as carrying
     undangan yang berlaku serta melaksanakan tanggung jawab kepada                    out the responsibility to the communities and the environment.
     masyarakat dan lingkungan.


     Independensi | Independency
     Independensi adalah pengelolaan SPINDO secara profesional dan bertindak           Independency is managing SPINDO in a professional manner and acts
     secara mandiri tanpa mengabaikan kerja sama yang baik.                            independently without overlooking good cooperation.


     Kewajaran | Fairness
     Kewajaran adalah selalu mengutamakan keadilan dan kesetaraan di dalam             Fairness is to always promote equity and equality in fulfilling the rights of
     memenuhi hak–hak pemangku kepentingan.                                            stakeholders.




                                  TEntang kami               strategi keberlanjutan                    Profil Perusahaan                 tata kelola keberlanjutan
48       4                          about us                 sustainability strategy                   Corporate Profile                   corporate governance
Page 57
                                                             Strengthening              Advancing

LAPORAN keberlanjutan 2025
                                                             FoundationS Progress

                                                                                         [102-11,16,17]
Etika dan Integritas
Ethics and Integrity



Pedoman Perilaku | Code of Conduct
                                                           [102-16]



Perseroan memiliki Kode Etik yang berfungsi untuk mengendalikan              The Company has a Code of Conduct that functions to control
perilaku, sikap, dan etika kerja baik secara individu maupun Korporat.       behavior, attitudes, and work ethics both individually and corporately.
Kode etik Perseroan mengacu pada Undang-undang                               The Company’s code of conduct refers to the Labor Law No. 13 of
ketenagakerjaan No. 13 tahun 2003, Undangundang Perseroan                    2003, the Limited Liability Company, and other regulations directly
Terbatas serta Peraturan lain yang berkaitan langsung dengan usaha           related to the Company’s business, which is, refer to the Good
Perseroan dan Perusahaan Terbuka, dan mengacu pada pelaksanaan               Corporate Governance implementation.
Tata Kelola Perusahaan yang Baik.


Perseroan melakukan sosialisasi Kode Etik pada saat adanya                   The Company socializes the Code of Conduct during the meetings
pertemuan/rapat dengan Federasi Serikat Pekerja Logam Elektronik             with the All-Indonesia Workers’ Union, Federation of
Mesin Serikat Pekerja Seluruh Indonesia (FSP LEM SPSI) PT Steel Pipe         Electronic Metal Worker Union (FSP LEM SPSI) of PT Steel Pipe
Industry of Indonesia Tbk, rapat dengan para manager dan sebagian            Industry of Indonesia Tbk and the meetings with managers. The Code
ditempelkan pada daerah/lokasi tertentu, dan hukuman atas                    of Conduct are also posted in particular areas/locations, and penalties
pelanggaran disesuai mulai dari peringatan tertulis 1 s/d 3, pemecatan       for violations are adjusted from 1 to 3 written warnings, dismissal,
dan/atau melalui jalur hukum.                                                and/or through legal channels.


Perseroan membangun budaya keberlanjutan dengan membina                      The Company creates a sustainability culture by fostering
hubungan yang harmonis dan memberi manfaat kepada para                       harmonious relationships and providing benefits to stakeholders. The
pemangku kepentingan. Budaya keberlanjutan akan tumbuh seiring               sustainability culture will grow along with the commitment of each
dengan komitmen setiap invidu Perseroan dalam menjaga perilaku               individual in the Company to maintain good behavior following ethical
yang baik sesuai dengan standar etika bagi Perseroan yang pada               standards for the Company. In the end, the synergy of the culture and
akhirnya sinergi budaya dan kinerja Perseroan mampu memberikan               performance of the Company can provide benefit for stakeholders.
nilai tambah bagi para pemangku kepentingan.



Mekanisme Pemberian Saran & Kepedulian Terhadap Etika |
Mechanisms for Advice & Concerns About Ethics
                                              [102-17]



SPINDO, terbuka untuk setiap laporan dari berbagai pemangku                  SPINDO is open to receiving complaint reports from all internal and
kepentingan, baik internal maupun eksternal terhadap dugaan                  external stakeholders concerning alleged violations/acts in relation
pelanggaran/perbuatan yang terkait dengan:                                   with:
a. Korupsi;                                                                  a. Corruption;
b. Kecurangan;                                                               b. Fraudulence;
c. Ketidakjujuran;                                                           c. Dishonesty;
d. Gratifikasi; Perbuatan melanggar hukum (termasuk pencurian,                d. Gratification; Acts of law violation (including theft, use of violence
    penggunaan kekerasan terhadap karyawan atau pimpinan, pemerasan,            on employees or persons in charge, extortion and other
    penggunaan narkoba, pelecehan, dan perbuatan kriminal lainnya);             criminal acts);
e. Pelanggaran ketentuan perpajakan, atau peraturan perundang-               e. Violations against tax provision, or other statutory regulations
    undangan lainnya termasuk namun tidak terbatas pada pemalsuan tanda         including but not limited to signature forgery, embezzlement,
    tangan, penggelapan, perusakan barang milik perusahaan, lingkungan          mischief causing damage to the Company’s property and/or the
    hidup, mark-up, under invoice, ketenagakerjaan, dll;                        environment, mark-up, under invoice, labor, etc.;




       kinerja ekonomi                       kinerja sosial                kinerja lingkungan            indeks pojk & standar gri
                                                                      environmental performance                                               4         49
    economic performance                  social performance                                             pojk & gri standard index
Page 58
                                      Strengthening                      Advancing
                                      FoundationS Progress                                                                2025 Sustainability Report



     f.    Pelanggaran Pedoman Etika atau pelanggaran norma-norma kesopanan             f.   Violation against Code of Ethics or norms of decency in general
           pada umumnya termasuk namun tidak terbatas pada benturan                          including but not limited to conflict of interest and involvement in
           kepentingan dan terlibat dalam kegiatan masyarakat yang dilarang;                 the prohibited community activities;
     g. Perbuatan yang membahayakan keselamatan dan kesehatan kerja, atau               g. Acts of endangerment of occupational safety and health or
           membahayakan keamanan;                                                             security;
     h. Perbuatan yang dapat menimbulkan kerugian finansial atau non finansial            h. Acts that may cause financial or non-financial loss to the
           terhadap atau merugikan kepentingan SPINDO;                                        Company or detrimental to the interests of the Company;
     i.    Pelanggaran prosedur operasi standar (Standard Operating Procedure -         I.   Violations against a Standard Operating Procedure especially
           SOP) SPINDO, terutama terkait dengan pengadaan barang dan jasa,                    related to goods and service procurement, in assigning benefit
           pemberian manfaat dan remunerasi; dan                                              and remuneration; and
     j.    Melanggar prinsip dan praktek usaha yang berlaku umum.                       j.   Violate generally accepted business principles and practices.


     Setiap Pihak Terkait dengan Perseroan atau pihak ketiga di luar SPINDO yang        Every party associated with the Company or external third party who
     merasa dirugikan atau hanya ingin melaporkan terjadinya Pelanggaran dapat          feels aggrieved or just feels obligated to report a violation may submit
     melaporkannya dengan kronologi dan bukti atau setidaknya bukti permulaan.          a complaint along with the chronology of events and evidence or at
     Laporan bukan merupakan pernyataan kebencian atau fitnah.                           least preliminary evidence.


     Laporan pelanggaran dapat disampaikan kepada Komite Pemantau                       Complaint report can be submitted to Committee for Monitoring the
     Penerapan dan Penegakan Pedoman Etika dan Perilaku (KP5) atau                      Implementation and Enforcement of the Code of Ethics and Conduct
     langsung kepada Komite audit dengan tatacara yang ada dalam                        (KP5) or directly to the audit committee with the procedures in the
     pengaturan mengenai Whistle Blowing.                                               regulations regarding Whistle Blowing.




          Bilamana yang terlapor adalah anggota Direksi atau anggota                                      Bilamana yang terlapor adalahkaryawan
                   KP5 harap lapor ke alamat email berikut:                                                          harap lapor ke:
                     When the reported is a member of the                                                    When the reported is an employee,
                  Board of Directors or KP5, please report to:                                                       please report to:




                lapor@komiteauditspindo.com                                             kp5@spindo.co.id | kp5@spindo.com
                      Atau mengirimkan laporan tertulis ke:                                                 Atau mengirimkan laporan tertulis ke:
                           Or send the written mail to:                                                          Or send the written mail to:

              PT Steel Pipe Industry of Indonesia Tbk                                             PT Steel Pipe Industry of Indonesia Tbk
           Gedung Baja Lt 7 Jl. Pangeran Jayakarta No. 55,                                         Jl. Kalibutuh No. 189 -191, Surabaya
                           Jakarta Pusat                                                     Up: Komite Pemantau Penerapan dan Penegakan
                         Up: Komite Audit                                                              Pedoman Etika & Perilaku (KP5)

     Atas laporan yang terbukti kebenarannya, SPINDO akan memberikan                    For every report that has been proven true, SPINDO will provide
     perlindungan terhadap pelapor. Perlindungan bagi pelapor meliputi:                 protection to the whistleblower which includes:
     1. Jaminan atas kerahasiaan identitas pelapor (whistleblower);                     1. Guarantee of confidentiality of identity;
     2. Jaminan atas kerahasian isi laporan yang disampaikan;                           2. Guarantee of confidentiality of the content of the submitted report;
     3. Jaminan atas perlindungan kemungkinan adanya tindakan                           3. Guarantee of protection from a possible threat, intimidation,
           ancaman, intimidasi, hukuman ataupun tindakan tidak                                punishment or other ill treatment from the reported party;
           menyenangkan lainnya dari pihak terlapor;



                                   TEntang kami               strategi keberlanjutan                      Profil Perusahaan               tata kelola keberlanjutan
50          4                        about us                 sustainability strategy                     Corporate Profile                 corporate governance
Page 59
                                                       Strengthening                 Advancing

LAPORAN keberlanjutan 2025
                                                       FoundationS Progress

4. Bagi pelapor internal yang merupakan korban atau tidak terlibat       4. For the internal whistleblower who is also the victim or not
   dalam kasus yang dilaporkan, Perusahaan memberikan jaminan                involved in the case reported, the Company will guarantee
   perlindungan tidak akan dikenai:                                          protection from:
   a.    Pemecatan;                                                          a.    Dismissal;
   b.    Penurunan jabatan atau pangkat;                                     b.    Demotion;
   c.    Pelecehan atau diskriminasi dalam segala bentuknya;
                                                                             c.    Harassment or discrimination in any form;
   d.    Catatan yang merugikan dalam file data pribadinya (personal
                                                                             d.    Adverse notes in personal file record
   file record).
                                                                             Those who are related to the alleged act or indirectly related with
   Yang berkaitan dengan tindakan yang dilaporkan atau secara
                                                                             the accused. In the meantime, for those involved in the reported
   tidak langsung berkaitan dengan pihak yang dilaporkan.
                                                                             case, the report itself must be considered as a favourable factor to
   Sedangkan untuk pihak yang terlibat dengan kasus yang
                                                                             whistleblower;
   dilaporkan, laporan harus dipertimbangkan sebagai faktor yang
   meringankan bagi pelapor;
5. Selain perlindungan sebagaimana dimaksud dalam butir 1 s/d
   butir 4 di atas, untuk pelapor yang beritikad baik, Perusahaan juga   5. Aside from protection stipulated in the above point 1 to 4, the
   akan mengupayakan perlindungan hukum kepada pelapor                       Company will also provide legal protection to whistleblowers
   sebagaimana ketentuan yang diatur peraturan perundang-                    driven by good intention as stipulated in the law and regulation.
   undangan.


Jumlah Laporan Kepada KP5 Tahun 2025 serta Tindak Lanjutnya |
Number of Reports to KP5 in 2025 and Their Follow-Ups
Selama 2025, Komite Pemantau Penerapan dan Penegakan                     Throughout 2025, the Committee for Monitoring the Implementation
Pedoman Etika dan Perilaku (KP5) menerima 2 (dua) laporan dugaan         and Enforcement of the Code of Ethics and Conduct (KP5) received 2
pelanggaran. Perseroan telah menindaklanjuti laporan dengan              (two) reports of alleged violations. The Company followed up on the
memberikan sanksi terhadap terlapor.                                     report by imposing sanctions on the reported party.



Sistem Pelaporan Pelanggaran | Whistleblowing System
Sistem pelaporan pelanggaran berhubungan dengan terjadinya               Whistleblowing System is a system for reporting the instances
pelanggaran. Perseroan selalu memproritaskan pembinaan guna              of violations. The Company always prioritizes stewardship to gain
mendapat pengertian agar secara dini dapat menekan kemungkinan           understanding to prevent the possibility of violations and deviations
terjadinya pelanggaran dengan menghindari kemungkinan                    of the good cooperation climate within the Company. The address of
timbulnya fitnah atau mengganggu iklim kerja sama yang baik dalam         reporting, sanctions, and praise is the direct authority of and by the
Perseroan. Tujuan pelaporan, sanksi dan pujian merupakan                 Director in charge.
wewenang langsung dari dan oleh Direktur yang membawahinya.


Laporan pelanggaran disampaikan langsung kepada atasan yang              Upon discovering a violation, a report is submitted to the supervisor in
membawahinya, baik dengan cara verbal maupun dengan cara                 charge, both verbally and in writing, and is linked to the Board of
tertulis, serta dihubungkan sampai kepada Direksi yang membawahi,        Directors’ responsibilities; Based on the applicable code of conduct,
Direksi akan menentukan sikap terhadap penanganan pelanggaran            the Board of Directors will determine how to handle existing
yang ada sesuai dengan kode etik yang berlaku. Penerima laporan          violations. The recipient of the violation report will always keep the
pelanggaran akan selalu merahasiakan sumber/pihak yang                   whistleblowers identity confidential.
melaporkan pelanggaran.


Pada tahun 2025 tidak terdapat laporan pelanggaran yang bersifat         In 2025, no reports of material violations harmed the Company that
material yang merugikan Perseroan yang diterima oleh Direksi             the Company’s Board of Directors received. This is a form of
Perseroan. Hal ini merupakan bentuk komitmen seluruh insan               commitment of all the Company’s personnel to maintain the
Perseroan untuk menjaga nama baik Perseroan.                             Company’s good name.



       kinerja ekonomi                   kinerja sosial                 kinerja lingkungan            indeks pojk & standar gri
                                                                   environmental performance                                               4        51
    economic performance              social performance                                              pojk & gri standard index
Page 60
                                  Strengthening                        Advancing
                                  FoundationS Progress                                                               2025 Sustainability Report


                                                                                                                                                     [102-18]
     Struktur Tata Kelola Perusahaan
     Governance Structure

     Sesuai ketentuan Undang-Undang Perseroan Terbatas, struktur tata                  Aligned with the provisions stipulated in the Limited Liability
     kelola SPINDO terdiri dari 3 (tiga) Organ Perusahaan yaitu: Rapat                 Company Law, SPINDO governance structure comprises of three
     Umum Pemegang Saham (RUPS), Dewan Komisaris, dan Direksi.                         Company’s Organs: General Meeting of Shareholders (GMS), the
     RUPS adalah forum pengambilan keputusan tertinggi bagi                            Board of Commissioners, and the Board of Directors. GMS is the
     pemegang saham. Rapat Umum Pemegang Saham (RUPS)                                  highest decision-making forum for shareholders. General Meeting of
     memegang semua wewenang yang tidak didelegasikan kepada                           Shareholders holds all the authorities not delegated to the Board of
     Dewan Komisaris atau Direksi sejauh diperkenankan oleh Undang-                    Commissioners or Directors as far as it allows by the Law concerning
     Undang Perusahaan terbatas dan atau Anggaran Dasar Perusahaan.                    Limited Liability Company or Article of Association.


     Forum RUPS terdiri dari Rapat Umum Pemegang Saham Tahunan                         GMS forum consists of the Annual General Meeting of Shareholders
     (RUPST) dan Rapat Umum Pemegang Saham Luar Biasa (RUSPLB).                        (AGMS) and Extraordinary General Meeting of Shareholders (EGMS).
     Dewan Komisaris bertugas mengawasi jalannya pengelolaan                           The Board of Commissioner is in charge of supervising the
     perusahaan dan Direksi bertugas mengelola perusahaan. Dewan                       management of the Company and the Board of Directors are in
     Komisaris dan Direksi memiliki wewenang tanggung jawab terpisah                   charge of managing the Company. The Board of Commissioners and
     sesuai fungsinya sebagaimana diatur dalam peraturan perundang-                    Directors have separate authorities and responsibilities according to
     undangan dan Anggaran Dasar Perseroan.                                            their respective functions as stipulated in the Company’s regulations
                                                                                       and Article of Association.


     Dewan Komisaris telah membentuk Komite Audit untuk membantu                       The Board of Commissioner formed Audit Committee in order to
     dalam pelaksanaan tugas dan kewajibannya termasuk memberdaya-                     assist in executing its duties and responsibilities including
     kan fungsi pengawasan yang dijalankannya dan merumuskan                           supervision function and policy-making function within the scope of
     kebijakan Dewan Komisaris sesuai ruang lingkup tugasnya.                          its duties.


     Direksi memiliki organ-organ pendukung yang bertugas untuk                        Directors has its supporting organs whose main tasks include
     mengendalikan mengawal dan ber tanggung jawab atas                                controlling/managing, overseeing, and responsible for the
     implementasi GCG yaitu Unit Audit Internal dan Sekretaris                         implementation of GCG, namely Internal Audit Unit and Corporate
     Perusahaan, serta Komite Pemantau Penerapan dan Penegakan                         Secretary as well as Committee for Monitoring the Implementation
     Pedoman Etika dan Perilaku (KP5) untuk menindaklanjuti laporan                    and Enforcement of the Code of Ethics and Conduct (KP5) to follow
     tindak pelanggaran etika yang dilakukan pegawai Perusahaan.            [102-22]
                                                                                       up on alleged ethic violation reports committed by employees. [102-22]
     [102-23]                                                                          [102-23]




     Wewenang dan Tanggung Jawab Eksekutif
     dalam Tata Kelola Keberlanjutan [E.1][102-19,20,21]
     Executive Authorities & Responsibilities in Sustainability Governance

     Dalam upaya mencapai keberlanjutan SPINDO, Direksi memiliki                       In the attempt to achieve sustainability, the Board Directors have full
     kewenangan penuh dalam membuat dan mengambil keputusan                            authority to make decisions and ensure the implementation of every
     serta memastikan implementasi setiap kebijakan di bidang keuangan,                policy in finance, environment, and social aspects. Entire policies will
     lingkungan, dan sosial. Keseluruhan kebijakan akan dituangkan                     be incorporated in the Annual Work Program and Key Performance
     dalam program kerja tahunan dan Key Performance Indicator (KPI)                   Indicator (KPI) that are supervised and reviewed on a regular basis.
     yang diawasi dan ditinjau secara berkala.   [102-20]                              [102-20]




                              TEntang kami                  strategi keberlanjutan                   Profil Perusahaan             tata kelola keberlanjutan
52          4                   about us                    sustainability strategy                  Corporate Profile               corporate governance
Page 61
                                                         Strengthening                   Advancing

LAPORAN keberlanjutan 2025
                                                         FoundationS Progress


Dewan Komisaris SPINDO, sesuai dengan kewenangannya akan                    According to its authority, the Board of Commissioners will monitor
memantau secara keseluruhan tingkat keberhasilan kinerja                    the overall success rate of the Company’s performance. Additionally,
Perusahaan. Selain itu, dalam mendukung kinerja di bidang                   in supporting the Company’s performance in finance, the
keuangan, lingkungan, dan sosial, setiap komite melakukan fungsinya         environment, and society, every committee will carry out its functions
guna memastikan program kerja dapat berjalan dengan baik dan                in order to ensure that the work program can be rolled out well and
sesuai tujuan.                                                              aligned with the goals. [102-21]
                 [102-21]




                                          Rapat Umum Pemegang Saham [RUPS]
                                             General Meeting of Shareholders



                                                                 Dewan Komisaris
                                                               Board of Commissioners

         Komite Audit
        Audit Committee

                                                                      Direksi
                                                                 Board of Directors




          Audit Internal                                                          Sekretaris Perseroan & Hubungan Investor
          Internal Audit                                                           Corporate Secretary & Investor Relations


Rapat Umum Pemegang Saham | General Meeting of Shareholders
                                                                                                   [102-20,23,24]



Sesuai dengan Anggaran Dasar Perseroan, Rapat Umum Pemegang                 In accordance with the Company’s Articles of Association, the
Saham (RUPS) memegang peranan tertinggi dalam Perseroan dan                 General Meeting of Shareholders (GMS) plays the highest role in the
minimal harus diadakan satu sekali dalam setahun.                           Company and must be held at least once a year. [102-23]
                                                    [102-23]




RUPS terdiri dari 2 (dua) yaitu: RUPS Tahunan dan RUPS Luar Biasa.          There two types of GMS namely, the Annual GMS and the
RUPS Tahunan diadakan setiap tahun yang terdiri dari RUPS                   Extraordinary GMS. The Annual GMS is held every year, consisting of
Tahunan tentang Persetujuan Laporan Tahunan. RUPS Luar Biasa                the Annual GMS regarding the Approval of the Annual Report. The
dapat diadakan setiap waktu berdasarkan kebutuhan untuk                     Extraordinary GMS can be held at any time based on the need for the
kepentingan Perusahaan.                                                     benefit of the Company.


Pada hari Jumat, 20 Juni 2025, Perseroan mengadakan Rapat Umum              On Friday, June 20th, 2025, the Company held an Annual General
Pemegang Saham Tahunan (RUPST) untuk tahun buku 2024 yang                   Meeting of Shareholders (AGMS) for financial year 2024 at
bertempat di Auditorium Gedung Baja Lantai 9C, Jalan Pangeran               Auditorium Gedung Baja Lantai 9C, Jalan Pangeran Jayakarta nomor
Jayakarta nomor 55, Jakarta Pusat, dengan mata acara RUPST sesuai           55, Jakarta Pusat, with the AGMS agenda as stated in the AGMS
dengan yang tercantum dalam Pemanggilan RUPST tanggal 9 Mei                 Invitation on 9 May 2025.
2025.
                                                                            In 2025, the Company did not convene an Extraordinary General
Tahun 2025, Perseroan tidak mengadakan RUPS LB karena                       Meeting of Shareholders, as all matters requiring approval were
kebutuhan untuk RUPS LB sudah tercakup dalam RUPST.                         adequately addressed at the General Meeting of Shareholders.


        kinerja ekonomi                kinerja sosial                      kinerja lingkungan                  indeks pojk & standar gri
                                                                      environmental performance                                             4        53
     economic performance           social performance                                                         pojk & gri standard index
Page 62
                                  Strengthening                     Advancing
                                  FoundationS Progress                                                           2025 Sustainability Report




     RUPST dihadiri oleh 3 (tiga) anggota Direksi Perseroan. Rapat telah           The AGMS was attended by 3 (three) members of Board of Directors
     dihadiri oleh para pemegang saham dan kuasa pemegang saham                    of the Company. The meeting was attended by the shareholders and
     yang mewakili 6.083.205.122 saham atau 86,27% dari                            their proxies representing 6.083.205.122 shares or 86,27% of
     7.051.578.635 saham yang merupakan seluruh saham dengan hak                   7.051.578.635 shares which are all shares with valid voting rights
     suara yang sah yang telah dikeluarkan oleh Perseroan (setelah                 that have been issued by the Company (after deducting the number
     dikurangi dengan jumlah saham yang telah dibeli kembali oleh                  of shares issued) repurchased by the Company).
     Perseroan).


     Pada tahun 2025, Perseroan tidak mengadakan Rapat Umum                        An Extraordinary General Meeting of Shareholders (EGMS) will not be
     Pemegang Saham Luar Biasa (RUPSLB) karena kebutuhan untuk                     held by the company in 2025 because the AGMS agenda for the
     kepentingan Perusahaan telah tercakup dalam mata acara RUPST                  2024 fiscal year already addresses the needs of the company's
     tahun buku 2024.                                                              interests.


     Mekanisme pengambilan keputusan RUPS dengan cara musyawarah                   The GMS decision-making mechanism is through deliberation and
     dan mufakat untuk pemegang saham yang hadir fisik dalam RUPS,                  consensus for shareholders who are physically present at the GMS
     dan/atau melalui sistem yang disediakan oleh penyedia e-RUPS (KSEI).          and/or through the system provided by the e-GMS provider (KSEI).


     Dewan Komisaris | The Board of Commissioners
     Dewan Komisaris merupakan Organ Perseroan yang bertugas dan                   The Board of Commissioners is the Company’s Organ which is
     bertanggung jawab secara kolektif untuk melakukan pengawasan                  collectively tasked and responsible for supervising and providing
     dan memberikan masukan kepada Direksi atas pengurusan                         input to the Board of Directors on the Company’s management
     Perseroan yang dilakukan oleh Direksi baik diminta mau pun tidak.             carried out by the Board of Directors, whether requested or not. In
     Secara umum, Dewan Komisaris selalu memastikan penerapan Tata                 general, the Board of Commissioners always ensures the Good
     Kelola Perusahaan yang Baik, termasuk juga pada tataran kebijakan             Corporate Governance implementation, including at the policy level
     dan hal-hal strategis lainnya meskipun tidak bersifat eksekusi.               and other strategic matters, even though it is not an execution.


     Direksi | The Board of Directors
     Direksi memiliki peran sebagai organ Perseroan yang harus menjalankan         The Board of Directors performs the role of an organ of the Company
     dan bertanggung jawab atas pengelolaan dan kepengurusan Perseroan.            that supervises and manages the Company. Members of the Board of
     Jabatan seorang Direksi diberikan untuk menjadi perwakilan dari               Directors represents the Company both within and outside the
     Perseroan baik di dalam maupun di luar Perseroan.                             Company.


     Sesuai Anggaran Dasar Perusahaan, Direksi memiliki tanggung-jawab             In accordance with the Company’s Articles of Association, the Board of
     penuh dalam menjalankan tugasnya untuk keberhasilan Perseroan                 Directors has full responsibility for carrying out their duties for the
     dalam mencapai maksud dan tujuannya. Direksi wajib dengan itikad              Company’s success in achieving its goals and objectives. The Board of
     baik dan penuh tanggung jawab dalam menjalankan tugasnya dengan               Directors must be in good faith and full responsibility in carrying out their
     kehati-hatian yang selalu mengikuti ketetapan Anggaran Dasar                  duties with prudence that always follows the provisions of the Company’s
     Perseroan dan Peraturan Perundang-undangan yang berlaku.                      Articles of Association and the applicable laws and regulations.


     Organ Pendukung Dewan Komisaris & Direksi | Supporting Organs for the Board of Commissioners & Directors
     Organ Pendukung Dewan Komisaris terdiri dari Komite Audit dan                 Supporting Organ for the Board of Commissioners consist of the
     Organ Pendukung Direksi terdiri dari Sekretaris Perusahaan dan                Audit Committee, and Supporting Organs for the Board of Directors
     Divisi Audit Internal. Masing-masing Organ Pendukung Dewan                    consists of the Corporate Secretary and the Internal Audit Division.
     Komisaris dan Direksi memiliki tugas dalam membantu fungsi                    Each of the Supporting Organs of the Board of Commissioners and
     pengawasan yang dilakukan oleh Dewan Komisaris dan fungsi                     Directors are responsible for assisting the supervisory function
     pengelolaan yang dilakukan oleh Direksi.                                      carried out by the Board of Commissioners and the management
                                                                                   function carried out by the Board of Directors.

                               TEntang kami              strategi keberlanjutan                 Profil Perusahaan                  tata kelola keberlanjutan
54       4                       about us                sustainability strategy                Corporate Profile                    corporate governance
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                                                       Strengthening                      Advancing

LAPORAN keberlanjutan 2025
                                                       FoundationS Progress

Benturan Kepentingan | Conflict of Interest
                                                             [102-25]



Perseroan berkomitmen untuk menghindari segala perilaku yang                  The Company is committed to avoiding any behavior that has a
memiliki potensi benturan kepentingan dengan menerapkan pakta                 potential conflict of interest by implementing an integrity pact in every
integritas dalam setiap pengambilan keputusan strategis yang                  strategic decision-making that has a material impact on the
berdampak material terhadap kinerja Perseroan. Perseroan telah                Company’s performance. The Company has regulated this in the
mengatur hal ini dalam Pedoman Perilaku yang telah disahkan oleh              Code of Conduct which was approved by the Board of
Dewan Komisaris dan Direksi pada tanggal 9 Januari 2018.                      Commissioners and Directors on January 9th, 2018. Throughout 2025
Sepanjang tahun 2025 tidak terdapat laporan kejadian benturan                 there was no report on conflict of interest which had impact on
kepentingan yang berakibat terhadap reputasi SPINDO.                          SPINDO’s reputation.



Pengembangan Kompetensi Dewan Komisaris dan Direksi |
Competency Development of the Board of Commissioners and Board of Directors
                                                                            [E.2][102-27]



Dewan Komisaris dan Direksi diberi fasilitas oleh Perseroan untuk             The Company’s Board of Commissioners and Directors are provided
meningkatkan kompetensi secara berkelanjutan sehingga dapat                   with facilities to continuously improve their competence so that the
efektivitas pelaksanaan fungsi, tugas dan peran Dewan Komisaris               effectiveness of implementing the functions, duties, and roles of the
dan Direksi dapat berjalan dengan baik. Rencana program pelatihan             Board of Commissioners and Directors can run well. The training
(pengembangan kompetensi) bagi Anggota Dewan Komisaris dan                    program plan (competency development) for members of the Board of
Direksi ditetapkan dalam rencana bisnis tahunan yang menjadi satu-            Commissioners and Directors is stipulated in the annual business plan,
kesatuan dalam rencana program pengembangan SDM tahunan.                      which is an integral part of the annual HR development program plan.




Penilaian Kinerja Direksi dan Dewan Komisaris |
Performance Assessment of the Board of Directors and Commissioners [102-28]

Penilaian Kinerja Direksi dan anggota Direksi dievaluasi langsung             Performance Assessment of the Board of Directors and members of
oleh Pemegang Saham dalam RUPS. Secara umum, kinerja Dewan                    the Board of Directors are assessed directly by the Shareholders in
Komisaris dan Direksi baik secara individu maupun kolegial                    the GMS. In general, the performance of the Board of Commissioners
ditentukan berdasarkan tugas kewajiban yang tercantum dalam                   and the Board of Directors, both individually and collegially, is
peraturan perundang-undangan yang berlaku dan Anggaran Dasar                  determined based on the duties and obligations stipulated in the
Perseroan maupun amanat RUPS.                                                 applicable laws and regulations and the Company’s Articles of
                                                                              Association, and the GMS mandate.


Kriteria evaluasi formal disampaikan secara terbuka kepada Anggota            Formal evaluation criteria are submitted openly to the members of the
Direksi sejak tanggal pengangkatannya sebagaimana tercantum                   Board of Directors from the date of their appointment as stated in the
dalam target kinerja Direksi secara kolegial maupun individual. Kinerja       performance targets of the Board of Directors, both collegially and
Direksi menjadi perhatian Utama Dewan Komisaris, dimana                       individually. The Board of Directors performance is the main concern
pengawasan atas jalannya pengurusan Perseroan oleh Direksi                    of the Board of Commissioners, while the supervision of the
merupakan salah satu tugas pokok dan fungsi dari Dewan Komisaris              Company’s management by the Board of Directors is one of the main
Perseroan.                                                                    duties and functions of the Board of Commissioners.


Hasil evaluasi kinerja masing-masing Anggota Direksi secara                   The results of the performance assessment of each Member of the
individual, baik yang disampaikan oleh Dewan Komisaris maupun                 Board of Directors individually, both submitted by the Board of
yang disampaikan langsung oleh Direksi dalam RUPS merupakan                   Commissioners or submitted directly by the Board of Directors in the
salah satu dasar pertimbangan bagi Pemegang Saham melalui Rapat               GMS, is one of the primary considerations for Shareholders for the
Umum pemegang Saham untuk pemberhentian dan/atau                              dismissal and/or reappointment of the relevant Member of the Board
mengangkat kembali Anggota Direksi yang bersangkutan.                         of Directors at the GMS.




        kinerja ekonomi                  kinerja sosial                      kinerja lingkungan            indeks pojk & standar gri
                                                                        environmental performance                                               4        55
     economic performance             social performance                                                   pojk & gri standard index
Page 64
                                    Strengthening                 Advancing
                                    FoundationS Progress                                                      2025 Sustainability Report




     Keefektifan Proses Manajemen Resiko [E.3][102-11,30]
     Effectiveness of Risk Management Processes


     Manajemen Risiko adalah salah satu cara yang dilakukan untuk                Risk management is a measure to prevent the emergence of various
     menghindari timbulnya berbagai risiko baik segi kuantitatif maupun          quantitative and qualitative risks that may cause harm to the
     kualitatif yang dapat menyebabkan kerugian perusahaan dan                   Company and its business development. Risk management
     pengembangan usahanya. Penerapan manajemen risiko telah                     implementation has been carried out in several stages. From time to
     dilakukan dengan beberapa tahapan yang dari waktu ke waktu terus            time continues to be adapted to the development of a very dynamic
     disesuaikan dengan perkembangan situasi makro yang sangat                   macro situation in the industrial era 4.0.
     dinamis di era industri 4.0.


     Perseroan berkomitmen untuk melaksanakan usaha secara efektif               The Company is committed to carrying out its business effectively to
     guna meminimalkan risiko. Sebagai penanda telah termitigasinya              minimize risks. As a sign that the risk has been mitigated, the
     risiko, maka Perseroan bebas dari risiko yang timbul sesuai                 Company is free from risks that arise according to the risk
     identifikasi risiko yang telah dilakukan. Dengan tidak munculnya             identification that has been carried out. The absence of identified risks
     risiko-risiko yang telah diidentifikasi berarti daya guna pelaksanaan        means that the effectiveness of risk management system
     sistem manajemen risiko telah berjalan dengan baik.                         implementation has been running well.



     Prinsip Kehati-hatian | Prudential Principle [102-11]
     SPINDO telah memiliki Divisi Internal Audit guna menjalankan proses         SPINDO has established Internal Audit Division to execute the
     evaluasi atas efektivitas, efisiensi ser ta kepatuhan dalam                  process of evaluation over effectiveness, efficiency and compliance in
     pelaksanaan sistem pengendalian internal. Tim ini memiliki kualifikasi       the implementation of the internal control system. The team has
     profesi dan kompetensi yang ditandai dengan sertifikat profesi               professional qualifications and competence confirmed by the internal
     auditor internal di bidang Internal Audit dan Manajemen Risiko baik         audit profession certificate in the field of Internal Audit and Risk
     dari lembaga Nasional maupun Internasional.                                 Management from national and international institutions.


     Selain itu, Perseroan juga memiliki Komite Audit yang bersifat              Furthermore, the company have also formed an Independent Audit
     independen. Komite ini juga secara berkala melakukan pengawasan             Committee. The Committee also carries out supervision functions
     dan meminta laporan terhadap keseluruhan aktivitas SPINDO dan               and requests for reports on the overall activities of SPINDO and its
     juga entitas anaknya.                                                       subsidiaries entity on a regular basis.




     Sistem Pengendalian Internal | Internal Control System [102-11]
     Penerapan sistem pengendalian internal telah dilaksanakan oleh              The implementation of the internal control system was carried out by
     Auditor Internal dengan review atas efektivitas pengendalian                internal auditors who reviewed the effectiveness of financial controls,
     keuangan diantaranya mengenai kebijakan waktu pengumpulan                   including the policy regarding the collection time of trade receivables,
     piutang usaha, jadwal pelunasan / waktu pelunasan pinjaman atas             collectability of the purchase of raw materials, and financial loans
     pembelian bahan baku dan pinjaman keuangan dari pihak ke tiga, dan          from third parties, and production operations including the efforts
     operasional produksi diantaranya upaya yang telah dilakukan dalam           that have been made carried out in production yield efficiency,
     efisiensi yield produksi, termasuk ketaatan Perseroan terhadap               including the Company’s compliance with the applicable laws and
     pelaksanaan perundang-undangan dan peraturan-peraturan yang                 regulations that are directly related to the Company’s business.
     berlaku yang berkaitan secara langsung dengan usaha Perseroan.


     Pada tahun 2025, Auditor Internal tidak menemukan penyimpangan              In 2025, the Internal Auditor did not find any material deviations
     material yang berkaitan dengan sistem, prosedur dan operasi.                related to systems, procedures, and operations.



                                TEntang kami           strategi keberlanjutan                 Profil Perusahaan               tata kelola keberlanjutan
56       4                        about us             sustainability strategy                Corporate Profile                 corporate governance
Page 65
                                                            Strengthening               Advancing

LAPORAN keberlanjutan 2025
                                                            FoundationS Progress




Anti Korupsi | Anti Corruption
                                           [205-1, 205-3]



Perseroan senantiasa menerapkan pengendalian internal dan                   The Company continuously implements internal controls and
melakukan monitoring secara efektif untuk mengantisipasi kegiatan           monitors operational activities that are considered risks related to
operasional yang dinilai memiliki risiko terkait korupsi. Hal ini telah     corruption. This has been regulated in the Code of Conduct which
diatur dalam Pedoman Perilaku yang telah disahkan oleh Dewan                was approved by the Board of Commissioners and Directors on
Komisaris dan Direksi pada tanggal 9 Januari 2018.                          January 9th, 2018.


Sepanjang tahun 2025, tidak ada laporan tentang adanya tindak               Throughout 2025, there were no reports of any acts of corruption in
korupsi di Perseroan.                                                       the Company.




Pelaksanaan Inisiatif Operasi Yang Adil | Implementation Of Fair Operation Initiatives
                                                                                                                            [205-1, 205-3]


Setiap karyawan Perseroan diwajibkan melaksanakan budaya anti               Every employee is obligated to apply anti-corruption culture in its
korupsi dalam operasionalnya. Selain guna terhindar dari masalah            daily operations which aims to deter legal problem while at the same
hukum, hal ini juga akan menciptakan budaya efisien dan transparan.          time it will build a culture of efficiency and transparency.


1.   Kampanye Anti Korupsi                                                  1. Anti-Corruption Campaign
     Demi mewujudkan lingkungan usaha yang bersih dan sehat,                    The Company is committed to safeguarding the integrity instilled
     Perseroan senantiasa menjaga integritas dari seluruh Insan                 in all members of the Company in order to create a healthy and
     Perseroan. Perseroan dengan tegas menolak adanya praktik                   clean business environment. The Company unequivocally rejects
     KKN (Korupsi, Kolusi dan Nepotisme). Sebagai dasar                         corruption, collusion and nepotism practices. The basis of the
     kebijakannya, melalui Surat Keputusan Bersama Dewan                        policy is the Joint Decree of the Board of Commissioners and
     Komisaris dan Direksi tentang Pedoman Tata Kelola Perusahaan               Directors on Corporate Governance Guidelines and Code of
     dan Pedoman Etika Perilaku, Perseroan menyatakan komitmen                  Ethics and Conduct in which stated the Company’s commitment
     untuk melaksanakan proses bisnis dengan mengutamakan etika                 to implementing a business process that emphasizes ethics of
     dalam berbisnis dan berperilaku. Bentuk komitmen tersebut                  doing business and conduct. The manifestation of such
     antara lain larangan adanya benturan kepentingan dalam                     commitments including a prohibition of conflict of interest in
     menjalankan proses bisnis, larangan menerima dan memberi                   executing business process, prohibition of accepting and giving
     suap, larangan gratifikasi. Sosialisasi mengenai hal ini dilakukan          bribes and prohibition of gratification. Socialization activities in
     sebanyak minimal 1 (satu) kali, melalui media komunikasi (baik             respect of these policies were conducted at least once a year,
     lisan maupun tertulis) yang ada di perusahaan. Upaya                       through company’s media communication (both oral and written).
     awareness juga dilakukan dengan memasukkan materi anti                     Activities to enhance awareness were also incorporated in the
     korupsi dalam orientasi karyawan baru. Ini dilakukan agar anti             new employee orientation program by inserting topics on anti-
     korupsi benarbenar dimengerti dan diimplementasikan dalam                  corruption. The aim is to increase employees’ understanding
     aktivitas operasional sehari-hari dan menjadi budaya                       about anti-corruption and implementing it in the daily operational
     perusahaan.                                                                activities and to become corporate culture.


2.   Persaingan Usaha yang Sehat                                            2. Healthy Business Competition
     Operasional Perseroan juga menjunjung tinggi persaingan                    The company’s operation also values a healthy business
     usaha yang sehat serta menghargai hak kepemilikan setiap                   competition and respects property rights of every stakeholder for
     Pemangku Kepentingan. Hal ini sangat mendukung operasional                 it will provide strong support to fair operations and to stave off
     yang adil dan terhindar dari berbagai tuntutan dan sanksi hukum.           lawsuits and legal sanctions. Furthermore, it will increase the
     Selain itu, rumusan ini juga akan mendukung peningkatan citra              Company’s positive image to stakeholders.
     perusahaan kepada para Pemangku Kepentingan.



        kinerja ekonomi                  kinerja sosial                   kinerja lingkungan              indeks pojk & standar gri
                                                                     environmental performance                                               4        57
     economic performance             social performance                                                  pojk & gri standard index
Page 66
                                      Strengthening              Advancing
                                      FoundationS Progress                                                   2025 Sustainability Report




     3.   Transparansi Pengadaan Barang dan Jasa                                3. Transparency in Goods and Services Procurement
          Perseroan memberikan kesempatan yang sama kepada semua                    The Company provides equal opportunities to all parties to
          pihak untuk menjadi mitra dalam proses pengadaan barang dan               become partners in goods and services procurement, according
          jasa, sesuai dengan persyaratan yang ditetapkan. Semua                    to established requirements. All provisions and information
          ketentuan dan informasi mengenai pengadaan barang dan jasa,               pertaining to goods and services procurement including
          termasuk syarat teknis administrasi pengadaan, tata cara                  procurement administrative requirements, evaluation
          evaluasi, hasil evaluasi, penetapan calon penyedia barang dan             procedures, evaluation results, determining goods and services
          jasa, sifatnya terbuka bagi peserta penyedia barang dan jasa              supplier candidates are open to all interested suppliers.
          yang berminat.




     Pencapaian CSR di Bidang Operasi Yang Adil | CSR Achievements In Fair Operations [413-2]
     Sepanjang tahun 2025, Perseroan menerima nihil laporan atas                Throughout 2025, the Company received zero report of an unfair
     temuan adanya tindakan operasional yang tidak adil. SPINDO                 operational process. SPINDO believes such achievement is part of its
     meyakini bahwa pencapaian ini merupakan bagian upaya Perseroan             efforts in meeting all regulations, particularly in the information
     dalam memenuhi berbagai regulasi, khususnya di bidang                      disclosure and GCG aspects. The zero complaints either from
     keterbukaan informasi dan Tata Kelola Perusahaan yang baik. Tidak          employees or customers in regards to unfair practices that may lead
     adanya pengaduan yang diterima baik dari karyawan maupun                   to material impact indicates that SPINDO has conducted a fair
     pelanggan terkait praktik ketidakadilan yang berdampak material            operation in related industries.
     menunjukan bahwa SPINDO telah melaksanakan kegiatan operasi
     yang adil di industri terkait.




                                  TEntang kami        strategi keberlanjutan                 Profil Perusahaan               tata kelola keberlanjutan
58        4                         about us          sustainability strategy                Corporate Profile                 corporate governance
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                                                 Strengthening              Advancing

LAPORAN keberlanjutan 2025
                                                 FoundationS Progress


Kebijakan Remunerasi Dewan Komisaris dan
Direksi [102-35]
Remuneration Policy for the Board of Commissioners and the Board of Directors


Kebijakan Remunerasi Direksi dan Dewan Komisaris disesuaikan     The remuneration policy for the Board of Directors and
dengan kondisi keuangan dan kinerja Perseroan dan ditetapkan     Commissioners is adjusted to the financial condition and the
melalui Rapat Umum Pemegang Saham (RUPS) Tahunan.                Company performance and is determined through the Annual
                                                                 General Meeting of Shareholders (GMS).




       kinerja ekonomi             kinerja sosial              kinerja lingkungan          indeks pojk & standar gri
                                                          environmental performance                                    4       59
    economic performance        social performance                                         pojk & gri standard index
Page 68
                                 Strengthening                     Advancing
                                 FoundationS Progress                                                              2025 Sustainability Report




     Keterlibatan Pemangku Kepentingan [E.4][102-21,40,43,44]
     Stakeholder Engagement


     Pelibatan pemangku kepentingan diarahkan pada kepentingan                    Stakeholder involvement is directed at the Company’s business
     usaha Perseroan dalam membangun komunikasi dengan berbagai                   interests in establishing communication with various strategic
     mitra strategis. Berikut tabel pelibatan pemangku kepentingan:               partners. The following table includes stakeholder engagement:



      Pemangku Kepentingan [102-40]    Metode Pelibatan [102-43]           Frekuensi Pertemuan [102-21,102-43]              Topik yang Dibahas [102-44]
            Stakeholder                Involvement Methods                      Meeting Frequency                              Discussed Topics

     Karyawan                 Employee Gathering                          Menyesuaikan dengan                    Menyesuaikan dengan perayaan hari besar
     Employees                Employee Gathering                          perayaan hari besar tertentu           tertentu
                                                                          Adjusted to the religious event        Adjusted to the religious event
     Pemegang Saham           RUPS Tahunan dan RUPS Luar Biasa            Satu kali dalam setahun dan            RUPS Tahunan dan RUPS Luar Biasa
     Shareholders             Annual GMS and Extraordinary GMS            sesuai kebutuhan                       Annual GMS and Extraordinary GMS
                                                                          Once a year and as required
     Pelanggan                Survei Kepuasan Pelanggan                   Setahun sekali (jika diperlukan)       Tingkat kepuasan pelanggan
     Customers                Customers Satisfaction Survey               Once a year if deemed                  Customers Satisfaction Level
                                                                          necessary
                              Customer Gathering                          Secara berkala                         Penjelasan spesifikasi produk dan pelatihan
                              Customers Gathering                         Periodically                           aplikasi pipa baja
                                                                                                                 Explanation of product specifications and
                                                                                                                 application training of steel pipes
                              Pameran                                     Secara berkala                         Untuk memperkenalkan produk kepada
                              Exhibition                                  Periodically                           masyarakat luas dan untuk lebih
                                                                                                                 mendekatkan kepada pengguna akhir
                                                                                                                 to introduce the product to the general public
                                                                                                                 and to get closer to the end user
     Mitra Bisnis/Pemasok/    Kontrak Kerja                               Sesuai kebutuhan                       Proses evaluasi yang Obyektif
     Vendor                   Work Contract                               According to the needs                 Objective Evaluation Process
     Business Partners/       Vendor Gathering                            Sesuai kebutuhan                       Hubungan dan komunikasi yang efektif
     Suppliers/Vendors        Vendor Gathering                            According to the needs                 dengan mitra bisnis
                                                                                                                 Effective relation and communication with
                                                                                                                 business partners
     Media                    Media gathering                             Minimal Setahun Sekali pada            Kinerja Perseroan, Corporate Action
     Medias                   Media gathering                             saat Public Expose                     The Company’s performance, Corporate
                                                                          Minimum once a year during             Action
                                                                          Public Expose
                              Press Release & Press Conference            Minimal Setahun Sekali pada
                              Press Release & Press Conference            saat Public Expose
                                                                          Minimum once a year during
                                                                          Public Expose
     Masyarakat/LSM           Kerjasama Kegiatan Corporate                Secara berkala                         Hubungan yang harmonis dengan
     Public/NGO               Social Responsibility (CSR)                 Periodically                           masyarakat/LSM
                              CSR Activities Cooperation                                                         Harmonious relation with Public/NGO
     Asosiasi Industri        Seminar, Workshop, Pemilihan Ketua & Sesuai undangan dari asosiasi                 Hubungan yang harmonis dengan
     Industry Association     Pengurus Asosiasi.                          According to the invitation from anggota asosiasi yang lain
                              Seminars, Workshops, Elections of           the association                        Harmonious relationship with other
                              Association Chairman & Administrator.                                              association members




                              TEntang kami              strategi keberlanjutan                  Profil Perusahaan                     tata kelola keberlanjutan
60       4                      about us                sustainability strategy                 Corporate Profile                       corporate governance
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                                                         Strengthening                              Advancing

LAPORAN keberlanjutan 2025
                                                         FoundationS Progress


Penetapan dan Periode Pelaporan [102-46,102-50]
Determination and Reporting Period


Laporan Keberlanjutan 2025 ini merupakan Laporan Keberlanjutan                The 2025 Sustainability Report is the Company’s third Sustainability
ketiga Perseroan yang mengungkapkan kinerja ekonomi, sosial dan               Report that discloses economic, social, and environmental
lingkungan. Melalui Laporan Keberlanjutan ini, diharapkan Perseroan           performance. Through this Sustainability Report, it is expected that
dapat meningkatkan keterbukaan informasi kepada para pemangku                 the Company can increase information disclosure to stakeholders. [102-
kepentingan. [102-45,102-51,102-52]                                           45, 102-51, 102-52]




Penetapan Laporan | Determination Report
                                                             [102-46]



Dalam menentukan isi laporan keberlanjutan ini, Perseroan                     In determining the content of this sustainability report, the Company
menggunakan uji materialitas atas semua topik-topik yang relevan              uses a materiality test on all relevant topics to the Company’s
dengan keberlanjutan usaha Perseroan dengan mengambil topik                   business sustainability by using sustainability topics that refer to the
keberlanjutan yang mengacu pada Panduan Pelaporan                             Sustainability Reporting Guidelines from the Global Reporting
Keberlanjutan dari Global Reporting Initiatives (GRI Standard). Untuk         Initiatives (GRI Standard). To determine the material topics in this
menentukan topik yang material dalam laporan ini, Perseroan                   report, the Company conducts a materiality test based on the GRI
melakukan uji materialitas berdasarkan prinsip-prinsip standar GRI            Standard principles as follows:
sebagai berikut:


1. Inklusivitas Pemangku Kepentingan                                          1. Stakeholder Inclusivity
    Dengan melibatkan Pemangku Kepentingan dalam penentuan                          By involving Stakeholders in determining the material topics
     topik material yang diungkapkan dalam laporan ini melalui survey               disclosed in this report through a materiality aspect survey.
     aspek materialitas.


2. Konteks Keberlanjutan                                                      2. Sustainability Context
    Isu atau topik yang berhubungan dengan konteks keberlanjutan                    Issues or topics related to sustainability context include economic,
     meliputi topik ekonomi, lingkungan dan sosial. Dalam hal ini,                  environmental, and social topics. In this case, sustainability can be
     keberlanjutan bisa diartikan sebagai kelestarian.                              defined as a conservancy.


3. Materialitas                                                               3. Materiality
    Prinsip ini dilakukan dengan menentukan konten laporan melalui                  This principle is carried out by determining the content of the
     prosedur penetapan materialitas dengan mengidentifikasi topik                   report through the determination of materiality by identifying
     spesifik, kemudian menetapkan bobot dari masing-masing topik                    specific topics, then determining the value of each topic through a
     tersebut melalui uji materialitas sehingga diperoleh topik yang                materiality test so that material topics are obtained, namely topics
     material, yakni topik yang dinilai relevan, menjadi prioritas dan              that are considered relevant, priority and essential to convey.
     penting untuk disampaikan.
                                                                              4. Complete
4. Lengkap                                                                          Conduct testing on material topics, including data availability and
    Melakukan pengujian atas topik yang material mencakup                           setting boundaries to reflect significant economic, environmental,
     ketersediaan data maupun penetapan batasan (boundary)                          and social impacts.
     sehingga mencerminkan dampak ekonomi, lingkungan dan sosial
     yang signifikan.


Penyusunan konten Laporan Keberlanjutan dilakukan mengikuti 4                 The preparation of the Sustainability Report content is carried out
(empat) langkah sesuai panduan standar GRI, berikut diagram                   following 4 (four) steps according to the GRI Standard guidelines, the
langkah penyusunan tersebut:                                                  following is a diagram of the steps for the preparation:



         kinerja ekonomi                   kinerja sosial                    kinerja lingkungan                 indeks pojk & standar gri
                                                                        environmental performance                                                     4     61
      economic performance              social performance                                                      pojk & gri standard index
Page 70
                                    Strengthening                 Advancing
                                    FoundationS Progress                                                      2025 Sustainability Report




                     Langkah 1 | Step 1              Langkah 2 | Step 2                 Langkah 3 | Step 3



                                                                                                                           Laporan
                    Konteks Keberlanjutan                Materialitas                          Lengkap
                                                                                                                       Keberlanjutan dari
                    Sustainability Context               Materiality                           Complete
                                                                                                                         Sustainability
                                                                                                                          Reports of
                                             Pelibatan Pemangku Kepentingan
                                                  Stakeholders Involvement



                                                     Langkah 4 | Step 4



                            Konteks Keberlanjutan                   Pelibatan Pemangku Kepentingan
                            Sustainability Context                       Stakeholders Involvement



     Selanjutnya, konten laporan dievaluasi untuk memenuhi 6 (enam)              Furthermore, the report content is evaluated to meet the 6 (six) quality
     prinsip kualitas yang direkomendasikan oleh GRI, yaitu:                     principles recommended by GRI, namely:
     1. Akurasi                                                                  1. Accuracy
        Informasi yang disajikan harus akurat dan detail sehingga dapat             The information presented must be accurate and detailed so that
        digunakan oleh para pemangku kepentingan untuk menilai                      stakeholders may use it to assess the Company’s performance.
        kinerja perusahaan.                                                      2. Balance
     2. Keseimbangan                                                                The Company’s performance presented shall contain both positive
        Kinerja perusahaan yang disajikan harus memuat aspek positif                and negative aspects to be assessed rationally and thoroughly.
        maupun negatif sehingga dapat dinilai secara rasional dan
        menyeluruh.                                                              3. Clarity
     3. Kejelasan                                                                   The information presented shall be easy to understand and open
        Informasi yang disajikan harus mudah dipahami dan terbuka bagi              for stakeholders to access.
        para pemangku kepentingan untuk diakses.                                 4. Comparability
     4. Daya Banding                                                                The information presented shall be consistent and may be used by
        Informasi yang disajikan harus konsisten dan dapat digunakan                stakeholders to assess changes in performance that occur in the
        oleh pemangku kepentingan untuk menilai perubahan kinerja                   Company within a certain period by including data and information
        yang terjadi pada perusahaan dalam jangka waktu tertentu                    from several years before the reporting period used.
        dengan menyertakan data dan informasi untuk beberapa tahun
        sebelum periode pelaporan yang digunakan.                                5. Reliability
     5. Keandalan                                                                   The report shall contain and use the information and the processes
        Laporan harus memuat dan menggunakan informasi serta proses                 used in preparing the report, which can be checked and reflect the
        yang digunakan dalam menyiapkan laporan, yang dapat                         quality and materiality of the information presented.
        diperiksa dan mencerminkan kualitas dan materialitas dari
        informasi yang disajikan.                                                6. Punctuality
     6. Ketepatan Waktu                                                             Reports shall be published regularly so that stakeholders can make
        Laporan harus diterbitkan secara rutin sehingga pemangku                    timely decisions based on available information.
        kepentingan dapat mengambil keputusan secara tepat waktu
        berdasarkan informasi yang tersedia.



                              TEntang kami             strategi keberlanjutan                 Profil Perusahaan               tata kelola keberlanjutan
62       4                      about us               sustainability strategy                Corporate Profile                 corporate governance
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 LAPORAN keberlanjutan 2025
                                                                                   FoundationS Progress



 Aspek Materialitas dan Batasan | Materiality Aspects and Boundaries [G.3][102-47]

  Topik material dan batasannya dilakukan dengan cara melakukan                                             Material topics and the boundaries are determined using materiality
  analisis materialitas. Analisis materialitas merupakan proses untuk                                       analysis. Materiality analysis is a process to determine material topics
  menentukan topik material yang relevan dengan kegiatan bisnis                                             that are relevant to the Company’s business activities and have a
  Perseroan serta berpengaruh dan berdampak secara signifikan bagi                                           significant impact on stakeholders. The material topics are illustrated
  para pemangku kepentingan. Topik material tersebut tergambar                                              in the following materiality tables and graphs:
  dalam tabel dan grafik materialitas sebagai berikut:
PENGARUH PADA PENILAIAN DAN KEPUTUSAN

   IMPACT ON RATING AND SATISFACTION


                                        Tinggi |
                                         High
      PARA PEMANGKU KEPENTINGAN




                                                                                                                                                             Kategori Ekonomi |
                                                                                                                                                             Economic Category
             STAKEHOLDERS

                                        Sedang |
                                        Medium




                                                                                                                                                             Kategori Sosial |
                                                                                                                                                             Social Category
                                        Rendah |




                                                                                                                                                             Kategori Lingkungan |
                                          Low




                                                                                                                                                             Environmental Category



                                                    Rendah | Low         Sedang | Medium                       Tinggi | High

                                                       SIGNIFIKANSI DAMPAK EKONOMI, LINGKUNGAN, DAN SOSIAL
                                                   SIGNIFICANCE OF ECONOMIC, ENVIRONMENTAL AND SOCIAL IMPACTS


  Penentuan topik material dilakukan melalui masukan dari para                                              Determination of material topics is carried out through input from
  pemangku kepentingan yang kemudian diklasifikasikan menjadi tiga                                           stakeholders which are then classified into three categories based on
  kategori berdasarkan prioritas tingkatan dan batasan yaitu Rendah,                                        priority levels and boundaries, namely Low, Medium and High. In this
  Sedang dan Tinggi. Pada Laporan Keberlanjutan ini aspek materialitas                                      Sustainability Report, the materiality aspect is selected from the
  dipilih dari hasil survei yang memiliki nilai atau skor tinggi (high) yang                                survey results that have high score, which is considered to have
  dianggap memiliki signifikansi dampak ekonomi, lingkungan dan                                              significant economic, environmental, and social impacts from the
  sosial dari perspektif para pemangku kepentingan. Namun demikian                                          stakeholders’ perspective. However, the disclosure of the
  dalam pengungkapan konten laporan keberlanjutan diperkaya                                                 sustainability report content is enriched by the practices that have
 dengan praktik yang telah dilakukan di Perseroan                                                 .         been carried out in the Company [G.3][103-1,103-2,103-3].
                                                                          [G.3][103-1, 103-2,103-3]




 Pada tahun ini, tidak terdapat informasi terkait perubahan topik                                           This year, there is no information related to changes in material topics[102-48,
 material[102-48,102-49]. Berikut tabel topik material yang dibahas:                                              . The following is a table of material topics discussed:
                                                                                                            102-49]




Periode Laporan | Reporting Period [102-50,51,52]
  Laporan keberlanjutan diterbitkan setiap tahun yang mengungkapkan kinerja                                 IA sustainability report is published annually that discloses the Company’s
  keberlanjutan Perseroan dengan periode pelaporan 1 Januari 2025 hingga 31                                 sustainability performance with a reporting period from 1 January 2025 to 31
  Desember 2025. Perseroan berkomitmen untuk menerbitkan laporan                                            December 2025. The Company is committed to publishing a sustainability
  keberlanjutan secara periodik setiap tahunnya untuk menyajikan kinerja                                    report periodically every year to present sustainability performance to
  keberlanjutan kepada para pemangku kepentingan yang mencakup kinerja                                      stakeholders, including economic, social, and environmental performance.
  ekonomi, sosial dan lingkungan.




                     kinerja ekonomi                             kinerja sosial                            kinerja lingkungan                 indeks pojk & standar gri
                                                                                                      environmental performance                                                      4         63
                  economic performance                        social performance                                                              pojk & gri standard index
Page 72
                                        Strengthening                        Advancing
                                        FoundationS Progress                                                      2025 Sustainability Report




                Kategori Ekonomi | Economic Category
          No.                             Isu/Topik | Issue/Topic [102-47]                            Batasan & Dampak | Boundaries & Impacts [102-46]
                                                                                                        Internal Organisasi      Eksternal Organisasi
                                                                                                       Internal Organization     External Organization

     1.          Kinerja Ekonomi
                                                                                                                 ü                          ü
                 Economic Performance
     2.          Nilai Ekonomi Langsung yang Dihasilkan dan Didistribusikan
                                                                                                                 ü                          ü
                 Direct Economic Value Generated and Distribute
     3.          Implikasi Finansial serta Risiko dan Peluang Lain Akibat dari Perubahan Iklim
                                                                                                                 ü                          ü
                 Financial implications and other risks and opportunities due to climate change
     4.          Inovasi & Pengembangan Produk dan Jasa
                                                                                                                 ü                          ü
                 Innovation & Development of Products and Services
     5.          Penilaian Dampak Kesehatan dan Keselamatan Produk & Jasa
                                                                                                                 ü                          ü
                 Assessment of the Health and Safety Impacts of Products & Services



                Kategori Sosial | Social Category
          No.                             Isu/Topik | Issue/Topic [102-47]                            Batasan & Dampak | Boundaries & Impacts [102-46]
                                                                                                        Internal Organisasi      Eksternal Organisasi
                                                                                                       Internal Organization     External Organization

     1.          Berkomitmen untuk Meningkatkan Mutu Kehidupan
                                                                                                                 ü                          ü
                 Commitment to Improving the Quality of Life
     2.          Pengelolaan Sumber Daya Manusia
                                                                                                                 ü                          -
                 Human Resource Management
     3.          Keselamatan & Kesehatan Kerja (K3)
                                                                                                                 ü                          ü
                 Occupational Safety & Health (OSH)
     4.          Pengembangan Masyarakat
                                                                                                                 ü                          ü
                 Community Development



                Kategori Lingkungan | Environmental Category
          No.                             Isu/Topik | Issue/Topic [102-47]                            Batasan & Dampak | Boundaries & Impacts [102-46]
                                                                                                        Internal Organisasi      Eksternal Organisasi
                                                                                                       Internal Organization     External Organization

     1.          Produksi dalam Keberlanjutan
                                                                                                                 ü                          ü
                 Production in Sustainability
     2.          Material yang Digunakan Untuk Proses Manufaktur
                                                                                                                 ü                           -
                 Materials Used for Manufacturing Processes
     3.          Konsumsi Energi Dalam Produksi
                                                                                                                 ü                           -
                 Energy Consumption in Production
     4.          Pemanfaatan Air
                                                                                                                 ü                           -
                 Water Utilization
     5.          Emisi dan Gas Buang
                                                                                                                 ü                          ü
                 Emission and Exhaust Gasses
     6.          Pengelolaan Limbah Berbahaya
                                                                                                                 ü                          ü
                 Disposal Method of Hazardous Waste




                                     TEntang kami               strategi keberlanjutan            Profil Perusahaan            tata kelola keberlanjutan
64          4                          about us                 sustainability strategy           Corporate Profile              corporate governance
Page 73
                             Strengthening   Advancing

LAPORAN keberlanjutan 2025
                             FoundationS Progress




          kinerja
          ekonomi
          economic performance
                                                         5



                                                             5   65
Page 74
                                Strengthening                  Advancing
                                FoundationS Progress                                                      2025 Sustainability Report




     Membangun Budaya Keberlanjutan [F.1]
     Building A Sustainable Culture



     SPINDO akan terus memberikan kontribusi maksimal bagi                    SPINDO will continue to generate a maximum contribution for the
     pertumbuhan ekonomi para pemangku kepentingan, meliputi                  economic growth of stakeholders, namely customers, suppliers, the
     konsumen, pemasok, pemerintah, investor, pekerja, dan masyarakat.        Government, investors, workers, and the communities. We plan to
     Kontribusi tersebut akan terus ditingkatkan melalui strategi             increase our contribution through Company’s development and
     pengembangan dan pertumbuhan perusahaan yang disetujui oleh              expansion strategies approved by the Board of Commissioners.
     Dewan Komisaris.


     Perusahaan juga patuh terhadap berbagai kewajiban ekonomi                The Company also complies with various economic obligations to the
     terhadap negara seperti pembayaran pajak dan penerimaan negara           State such as tax payment and State Non-Tax Revenue. Likewise,
     bukan pajak. Begitu pula pembayaran dividen kepada pemegang              dividend payments to shareholders will increase as company profits
     saham akan meningkat seiring dengan meningkatnya laba                    increase. Other aspects the Company plans to improve are adequate
     perusahaan. Pemberian imbal jasa kepada Pekerja yang memadai             fees to workers and maintain a good relationship with suppliers and
     dan hubungan kerja yang baik dengan pemasok dan konsumen.                customers. All four aspects mentioned above are effective indicators
     Kesemuanya merupakan indikator yang efektif untuk mengukur               to measure the economic impact coming from business activities.
     dampak ekonomi dari bisnis yang dijalankan.




     Kinerja Ekonomi Tahun 2025 | Economic Performance in 2025
                                                                                                Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                               Expressed in million of Rupiah, unless otherwise stated




                Nilai Ekonomi yang
                Didistribusikan
                Distributed Economic                                  Rp 5.575.838
                Value


                                                                                                Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                               Expressed in million of Rupiah, unless otherwise stated




                Nilai Ekonomi yang
                Ditahan
                Withdrawal Economic                                           Rp 475.656
                Value



                             TEntang kami           strategi keberlanjutan                Profil Perusahaan                tata kelola keberlanjutan
66       5                     about us             sustainability strategy               Corporate Profile                  corporate governance
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                                                          FoundationS Progress


Nilai Ekonomi Langsung yang Dihasilkan
                                                                 [F.2][201]
dan Didistribusikan
Direct economic value generated and distributed

                                                                                                  Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                                 Expressed in million of Rupiah, unless otherwise stated


                                        Tabel Kinerja Keuangan | Table of Financial Performance

                   Uraian | Description                                                2025                       2024                      2023

Penjualan dan Pendapatan Jasa | Sales and Service Revenue                              5.932.797                 6.118.364                6.455.329

Laba Periode Berjalan | Income for the Period                                            534.216                   530.063                  498.059

Laba Komprehensif Tahun Berjalan | Comprehensive Income for the Year                     746.429                   531.385                  516.203

Jumlah Aset | Total Assets                                                             8.796.370                 8.295.427                7.971.708

Jumlah Liabilitas | Total Liabilities                                                  3.123.011                 3.251.676                3.353.362


Pada tahun 2025 Perseroan berhasil mencatat penjualan dan                  In 2025 the Company managed to book sales and service revenues of
pendapatan jasa sebesar Rp. 5.933 triliun, mengalami penurunan             Rp. 5,933 trillion, experiencing decreased of Rp. 186 billion or 3%
sebesar Rp. 186 miliar atau 3% dibandingkan penjualan dan                  compared to that of in 2024.
pendapatan jasa di tahun 2024.


Jumlah Aset Perseroan tumbuh 6% jika dibandingkan dengan tahun             Total assets of the Company grew 6% compared to the previous year
sebelumnya atau tercatat sebesar Rp. 8.295 triliun.                        or recorded of Rp. 8.295 trillion.


                                                                                                  Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                                 Expressed in million of Rupiah, unless otherwise stated

  Tabel Nilai Ekonomi yang Dihasilkan dan Didistribusikan | Table of Generated and Distributed Economic Value
                         Uraian | Description                                                            2025              2024              2023

                                           Nilai Ekonomi yang Dihasilkan | Generated Economic Value

Penjualan dan Pendapatan Jasa | Sales and Service Revenue                                               5.932.797         6.118.364        6.455.329

Pendapatan lain-lain | Other income                                                                       118.697           121.873           143.118

Jumlah Nilai Ekonomi yang Dihasilkan (A) | Total Generated Economic Value (A)                           6.051.494         6.240.237        6.598.447

                                         Nilai Ekonomi yang Didistribusikan | Distributed Economic Value
Beban Pokok Pendapatan | Cost of Revenue                                                                4.802.424         5.012.387        5.387.142

Beban penjualan dan distribusi | Selling and distribution expenses                                        192.310           159.646           160.557

Beban administrasi dan umum | General and administrative expenses                                         126.019           125.254           144.052

Beban keuangan | Financial expenses                                                                       203.991           210.832           237.188

Dividen | Dividend                                                                                        112.824           105.980            42.392

Beban pajak | Tax expenses                                                                                138.270           145.526           142.525

Jumlah Nilai Ekonomi yang Didistribusikan (B) | Total Distributed Economic Value (B)                    5.575.838         5.759.625        6.113.856

Nilai Ekonomi yang Ditahan (A-B) | Retained Economic Value (A-B)                                          475.656           480.612           484.591



        kinerja ekonomi                     kinerja sosial                kinerja lingkungan              indeks pojk & standar gri
                                                                     environmental performance                                                    5        67
     economic performance                social performance                                               pojk & gri standard index
Page 76
                                  Strengthening                    Advancing
                                  FoundationS Progress                                                             2025 Sustainability Report




     Kinerja ekonomi Perseroan tahun 2025 telah menciptakan nilai                 The Company's economic performance in 2025 has created a
     ekonomi yang didistribusikan sebesar Rp. 5,6 triliun, turun 3%               distributed economic value of IDR 5.6 trillion, decreased by 3%
     dibandingkan tahun 2024 sebesar Rp. 5,8 triliun. Adapun nilai                compared to 2024 of IDR 5.8 trillion. The retained economic value is
     ekonomi yang ditahan sebesar Rp. 476 miliar, turun 1% dari Rp. 481           IDR 476 billion, decreased by 1% from IDR 481 billion in 2024.
     miliar di tahun 2024.




     Dampak Ekonomi Tidak Langsung | Indirect Economic Impact
                                                                                                   [203-1,203-2]



     Selain dari nilai ekonomi dan kinerja keuangan, produk dan jasa yang         In addition to the economic value and financial performance, the
     ditawarkan SPINDO di bidang dan pasar yang beragam juga                      products and services offered by SPINDO in various fields and
     memberikan nilai tambah pada perekonomian. Bisnis SPINDO telah               markets also provide added value to the economy. SPINDO’s
     melekat di kehidupan masyarakat sehari-hari, mulai dari pipa baja            business has been embedded in people’s daily lives, ranging from
     yang dikembangkan menjadi produk furnitur, kendaraan yang                    steel pipes manufactured into furniture products, daily use of vehicles,
     digunakan sehari-hari, pembangunan konstruksi hingga infrastruktur           construction development to infrastructure that creates connection
     yang mewujudkan konektivitas masyarakat, serta ekspor yang                   among communities, as well as exports that increase state income
     mendorong penghasilan devisa negara.     [203-1]
                                                                                  from foreign exchanges.[203-1]


     Kontribusi terbesar perusahaan tidak semata pada aspek finansial              Our largest contribution is not just reflected by the financial aspect.
     semata. Operasional kami di berbagai daerah telah secara langsung            Our operations in various regions have directly spurred the economy.
     memacu putaran roda perekonomian. Banyaknya tenaga kerja yang                The amount of labour absorbed both directly and indirectly has
     terserap, baik langsung maupun tidak langsung telah membantu                 helped lower the unemployment and poverty rate of these regions.
     daerah dalam mengurangi pengangguran dan kemiskinan.[203-2]                  [203-2]




     Perbandingan Target dan Realisasi Kinerja | Comparison of Performance Target and Realisation
                                                                                                                                                       [F.3]



     Berikut adalah perbandingan target dan realisasi kinerja Perseroan           Below is the comparison of performance target and realisation of the
     pada tahun 2025 serta proyeksi di tahun 2026.                                Company in 2025 and projection in 2026.

                                                                                                            Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                                          Expressed in millions of Rupiah, unless otherwise stated


                                                                                            2025                                      2026
                             Aset | Assets
                                                                    Target | Target            Realisasi | Realization            Target | Target


             Penjualan dan Pendapatan Jasa                      7.000.000-7.500.000                    5.932.797             6.500.000-7.000.000
             Sales and Service Revenue




                               TEntang kami             strategi keberlanjutan                     Profil Perusahaan                 tata kelola keberlanjutan
68       5                       about us               sustainability strategy                    Corporate Profile                   corporate governance
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                                                       Strengthening                 Advancing

LAPORAN keberlanjutan 2025
                                                       FoundationS Progress


Implikasi Finansial serta Resiko & Peluang
Lain Akibat dari Perubahan Iklim [201-2]
Financial implications and other risks and opportunities due to climate change


Industri pipa baja memainkan peran penting dalam berbagai sektor         The steel pipe industry plays a vital role in various sectors, including
mulai dari infrastruktur, energi, hingga distribusi air. Namun,          infrastructure, energy, and water distribution. However, its
ketergantungannya pada proses yang membutuhkan banyak energi             dependence on energy-intensive processes and traditional fossil
dan metode produksi berbasis bahan bakar fosil tradisional               fuel-based production methods makes it a significant contributor to
menjadikannya penyumbang emisi gas rumah kaca. Transisi ke operasi       greenhouse gas emissions. The transition to carbon-free operations
tanpa karbon dalam industri ini tidak hanya penting bagi lingkungan      in this industry is not only crucial for the environment but also
tetapi juga menghadirkan peluang ekonomi yang signifikan.                 presents significant economic opportunities.


Perusahaan telah mengambil langkah untuk mendekarbonisasi                The company has taken steps to decarbonize its operations and
operasinya dan mengembangkan produk dan layanan untuk                    develop products and services for use in low-carbon energy
digunakan dalam aplikasi energi rendah karbon. Kami telah                applications. We have set a target to reduce the carbon intensity of
menetapkan target untuk mengurangi tingkat intensitas emisi karbon       our operations by 30% by 2030.
dari operasi kami sebesar 30% pada tahun 2030.


Transisi ke produksi pipa baja rendah karbon melibatkan investasi        The transition to low-carbon steel pipe production involves
besar dalam teknologi, infrastruktur, dan pelatihan tenaga kerja.        substantial investments in technology, infrastructure, and workforce
Namun, manfaat ekonomi jauh lebih besar daripada biayanya dalam          training. However, the long-term economic benefits far outweigh the
jangka panjang. Berikut manfaat ekonomi menuju produksi pipa baja        costs. Here are the economic benefits of transitioning to low-carbon
rendah karbon :                                                          steel pipe production:
Ÿ Diferensiasi Pasar                                                     Ÿ Market Differentiation
   Seiring meningkatnya permintaan global untuk produk                      As global demand for sustainable products increases, low-carbon
   berkelanjutan, pipa baja tanpa karbon memberikan keunggulan              steel pipes provide a competitive advantage in markets such as
   kompetitif di pasar seperti energi terbarukan, di mana pipa              renewable energy, where these pipes are integral to hydrogen
   tersebut merupakan bagian integral dari jaringan pipa hidrogen,          pipeline networks, solar panel supports, and wind turbine
   penyangga panel surya, dan struktur turbin angin.                        structures.
Ÿ Daya Saing Biaya dari Waktu ke Waktu                                   Ÿ Cost Competitiveness Over Time
   Penurunan biaya dari energi terbarukan dengan kemajuan dalam             The declining costs of renewable energy, driven by advancements
   elektrifikasi, akan membuat pipa baja tanpa karbon layak secara           in electrification, will make low-carbon steel pipes economically
   ekonomi dan berpotensi lebih murah daripada opsi tradisional.            viable and potentially cheaper than traditional production options.
Ÿ Kepatuhan dan Insentif                                                 Ÿ Compliance and Incentives
   Penerapan peraturan karbon yang lebih ketat dan subsidi                  With the implementation of stricter carbon regulations and
   pemerintah untuk teknologi hijau, kami berusaha memulai lebih            government subsidies for green technologies, we aim to begin
   awal untuk produksi pipa baja rendah karbon untuk menghindari            low-carbon steel pipe production early to avoid penalties and take
   penalti serta mendapatkan keuntungan dari insentif finansial.             advantage of financial incentives.
Ÿ Meningkatnya Permintaan dari Proyek Keberlanjutan                      Ÿ Increasing Demand from Sustainability Projects
   Inisiatif infrastruktur yang selaras dengan tujuan keberlanjutan,        Infrastructure initiatives aligned with sustainability goals, such as
   seperti sistem energi hijau dan jaringan daur ulang air, mendorong       green energy systems and water recycling networks, are driving
   permintaan untuk pipa baja ramah lingkungan.                             demand for environmentally friendly steel pipes.


Selain itu, berinvestasi dalam teknologi zero carbon / low carbon        Moreover, investing in zero-carbon/low-carbon technology creates
menciptakan peluang kerja baru di bidang teknik, energi terbarukan,      new job opportunities in fields like engineering, renewable energy, and
dan manufaktur hijau, yang mendorong pertumbuhan dan ketahanan           green manufacturing, which drive economic growth and resilience.
ekonomi.                                                                 This transition not only benefits the environment but also supports
                                                                         long-term, inclusive, and sustainable economic development.

       kinerja ekonomi                  kinerja sosial                  kinerja lingkungan            indeks pojk & standar gri
                                                                   environmental performance                                               5        69
    economic performance             social performance                                               pojk & gri standard index
Page 78
                                       Strengthening                    Advancing
                                       FoundationS Progress                                                          2025 Sustainability Report



      Inovasi dan Pengembangan Produk
      dan Jasa [F-26]
      Innovation and Development of Products and Services


     Sesuai dengan Undang-Undang No. 8 Tahun 1999 tentang                              Adhering to Law No. 8 of 1999 concerning Consumer Protection, the
     Perlindungan Konsumen, Perseroan selalu berusaha memberikan                       Company strives to provide the best services and solutions to
     pelayanan dan solusi terbaik kepada pelanggan, serta bertanggung                  customers and be responsible for the services and solutions provided.
     jawab atas pelayanan dan solusi yang diberikan. Selain itu, Perseroan             In addition, the Company is also committed to provide equal services
     juga berkomitmen untuk memberikan layanan yang setara atas                        to the products and services offered to its customers.
     produk dan jasa yang ditawarkan kepada seluruh pelanggannya




                                       m                                                 m                                            mm
                 3,2                                                  72                                                     9
        Produksi Pipa SSAW diameter 3,2 meter              Produksi Pipa SSAW terpanjang hingga                   Produksi Pipa diameter 9 mm dengan
                 dengan ketebalan 25 mm                           72 meter tanpa sambungan                                   ketebalan 1,2 mm
       SSAW pipe manufacture with a diameter of              Production of the longest SSAW Pipe                   Manufacture Pipe diameter of 9 mm
          3.2 meters with a thickness of 25mm                    up to 72 meters without joints                          with a thickness of 1.2 mm




                  Blow                                                       GI
                                                                      High Tensile
                                                                                                                         Kusakabe
                  Galvanize                                         High Elongation
         Teknologi ‘Blow Galvanize’, memastikan            Komposisi Pipa SPINDO GI yang menghasil             Produksi Pipa ASTM A53 Sch 80 mengguna-
       kualitas lapisan yang seragam dan lebih baik                -kan kekuatan tarik tinggi dan                           kan mesin “Kusakabe”
       'Blow Galvanize' technology, ensures uniform                     perpanjangan tinggi                               (satu-satunya di Indonesia)
                 and better coating quality                SPINDO GI Pipe composition which results in           ASTM A53 Sch 80 Pipe Production using
                                                              high tensile strength & high elongation                      the "Kusakabe" machine
                                                                                                                          (the only one in Indonesia)




          SLOTTED
               STEEL PIPE
       Pipa baja konstruksi yang dirancang dengan
     alur presisi untuk penyaringan dan pengendalian
       cairan, gas, atau pasir dalam aplikasi khusus.
      Construction steel pipe designed with precision
       slotted for the filtration and control of liquids,
           gases, or sand in special applications.




                                   TEntang kami              strategi keberlanjutan                  Profil Perusahaan                tata kelola keberlanjutan
70         5                         about us                sustainability strategy                 Corporate Profile                  corporate governance
Page 79
                                                                       Strengthening                                               Advancing

LAPORAN keberlanjutan 2025
                                                                       FoundationS Progress


Penilaian Dampak Kesehatan dan
Keselamatan Produk & Jasa [416, 417]
Assessment of the Health and Safety Impacts of Products & Services


Penilaian Pengembangan Produk, Manufaktur dan Sertifikasi |
Product Development, Manufacturing and Certification Assessments
Fasilitas produksi perusahaan menerapkan tiga teknik pengelasan                                          The company's production facilities implement three welding
yaitu: High Frequency Welding (HFW), Spiral Submerged Arc                                                techniques: High Frequency Welding (HFW), Spiral Submerged Arc
Welding (SSAW) untuk pipa koil, dan pengelasan Tungsten Inert Gas                                        Welding (SSAW) for coil pipes, and Tungsten Inert Gas (TIG) welding.
( TIG). Saat ini, PT Steel Pipe Industr y of Indonesia, Tbk                                              Currently, PT Steel Pipe Industry of Indonesia, Tbk operates six
mengoperasikan enam fasilitas manufaktur di seluruh Indonesia                                            manufacturing facilities across Indonesia with a total of 38 production
dengan total 38 lini produksi dimana setiap lini dapat dikalibrasi untuk                                 lines, where each line can be calibrated to produce various types of
memproduksi berbagai jenis pipa baja.                                                                    steel pipes.


Semua produk Perseroan telah berhasil mencapai standar sertifikasi                                        All of the company's products have successfully met both national
baik nasional maupun internasional. Proses penjaminan mutu produk                                        and international certification standards. The product quality
diverifikasi terhadap program evaluasi mutu yang ketat, yang                                              assurance process is verified through a strict quality evaluation
diwujudkan dalam keberhasilan memperoleh sertifikat internasional                                         program, which has resulted in the successful acquisition of
ISO dan API 5L. Sebagai bagian dari upaya memenuhi standar yang                                          international certifications such as ISO and API 5L. As part of its
diakui secara internasional, SPINDO terus memenuhi sejumlah                                              efforts to meet internationally recognized standards, SPINDO
standar mutu yang ditetapkan oleh badan akreditasi lokal dan                                             continues to comply with a range of quality standards set by both
internasional, antara lain ASTM, BS, JIS, ISO, API, AS dan SNI.                                          local and international accreditation bodies, including ASTM, BS, JIS,
                                                                                                         ISO, API, AS, and SNI.



                                                                                                                                    FM 1630 - Certified
                                                                  Komite Akreditasi Nasional                                         UL 852 - Certified
                                                                         LP-1379-IDN
             Quality      Quality    Occupational Environmental
             IATF 16949   ISO 9001   Health and   ISO 14001
                                     Safety
                                     ISO 45001

                                                                                                                                                                               2000
                API5L - Certified
                                                                                            SIRIM                       SIRIM
                                                                                    Certified to MS 863 : 2010 Certified to BS EN 10255 : 2004
                                                                                       Cer. No. : PC011951         Cer. No. : PC011962




Inspeksi & Pengujian Produk | Inspections & Tests [F.27]

Fase Pengujian terdiri dari pengujian yang paling ketat dan ketelitian                                   The Testing Phase consists of the most stringent and high-precision
tinggi, untuk memberikan prediksi kinerja produk dalam kondisi                                           tests to predict product performance under the most unusual and
penggunaan yang paling tidak biasa dan tidak terduga; seluruh pipa /                                     unpredictable usage conditions. All pipes/tubes must undergo high-
tabung harus melewati pengujian tekanan tinggi untuk memastikan                                          pressure testing to ensure there are no leaks before leaving the
tidak ada kebocoran sebelum meninggalkan pabrik manufaktur.                                              manufacturing plant. Various advanced testing equipment, such as
Berbagai peralatan pengujian canggih seperti Mesin Hidrostatik,                                          Hydrostatic Machines, Ultrasonic Test & Evaluation Machines,
Mesin Ultrasonic Test & Evaluation, Holiday Detectors, Thickness                                         Holiday Detectors, Thickness Gauges, and others, are used by skilled
Gauges dan lainnya dilakukan oleh tenaga ahli yang berpengalaman                                         experts who meticulously control the final product in each step of the
dalam proses langkah demi langkah untuk mengontrol produk akhir,                                         process. This ensures that our products meet the highest quality
untuk memastikan standar kualitas produk kami.                                                           standards.



        kinerja ekonomi                           kinerja sosial                                 kinerja lingkungan                                indeks pojk & standar gri
                                                                                            environmental performance                                                                 5   71
     economic performance                      social performance                                                                                  pojk & gri standard index
Page 80
                                    Strengthening                  Advancing
                                    FoundationS Progress                                                       2025 Sustainability Report



      Untuk Pipa tanpa Pelapisan (Non-Coating) | For Bare Pipe

     Analisis Kimia | Chemical Analysis                                           • OES 19 unsur kimia (dengan tambahan CE IIW & CE PCM)

                                                                                  OES 19 elements (with additional of CE IIW & CE PCM)

                                                                                  • Handheld XRF 28 unsur kimia | Handheld XRF 28 elements

     Uji Tarik | Tensile Test                                                     Beban maksimum 200.000 kgf | Maximum Load 200,000 kgf

     Charpy Impact Test                                                           Tes temperatur sampai dengan minus 40o C |

                                                                                      Temperature test up to minus 40o C

                                                                                  Max. 300 joule | Max. 300 joule

     Drop Weight Tear Test                                                        -

     Uji Linyak | Flattening Test                                                 -

     Uji Lengkung | Bend Test                                                     Sudut Lengkung 90o & 180o | Bending Angle 90o & 180o

     Uji Lengkung Terpandu | Guided Bend Test                                     Beban maksimum 200.000 kgf | Maximum Load 200,000 kgf

     Uji Hidrostatik | Hydrostatic Test                                           Diameter Pipa Maksimum 2000mm

                                                                                  Maximum Pipe Diameter 2000mm

     Uji Radiografi | Radiographic Test (RT)                                       Source X-Ray, 300 kV & 3mA

     Uji Ultrasonik | Ultrasonic Test (UT)                                        • Automatic online UT

                                                                                  • Automatic offline UT

                                                                                  • Handheld UT

     Uji Arus Eddy | Eddy Current Test                                            ET online

     Inspeksi Partikel Magnetik | Magnetic Particle Inspection (MPI)              -

     Uji Penetran | Penetrant Test (PT)                                           -

     Hardness Test                                                                Beban 0,3 - 30 kilogram-force | Load 0.3-30 kilogram-force

     Uji Kekerasan | Hardness Survey                                              Rockwell C/B & Brinell

     Metalografi | Metallographic                                                  Pembesaran Maksimum 1000X | Maximum Magnification 1000X


      Untuk Pelapisan | For Coating

     Digital Scanning Calorimeter (DSC)                                           -

     Uji Tarik untuk Pelapisan | Tensile Test for Coating                         Beban Maksimum 500 kgf | Maximum Load 500 kgf

     Cathodic Disbonding                                                          -

     Uji Kompresi Mortal | Mortal Compression Test                                Beban Maksimum 200.000 kgf | Maximum Load 200,000 kgf

     Holiday Detector                                                             • Low Voltage 5 kV

                                                                                  • High Voltage 30 kV

     Flexibility Test for PE                                                      -

     Peeling Test for PT                                                          • Peel Constant Rate

                                                                                  • Peel Hanging Weight

     Impact for Coating                                                           Maksimum 20 joule | Maximum 20 joule




                                TEntang kami            strategi keberlanjutan                 Profil Perusahaan           tata kelola keberlanjutan
72       5                        about us              sustainability strategy                Corporate Profile             corporate governance
Page 81
                                                              Strengthening                    Advancing

LAPORAN keberlanjutan 2025
                                                              FoundationS Progress

Shore Hardness                                                                   0 ~ 100 HD

Adhesion Test                                                                    • Cross Cut

                                                                                 • Dolly Test Method

Uji Kekasaran Permukaan | Surface Roughness Test                                 Maximum 350 μm, Accuracy 0,001 μm




Dampak Produk dan Jasa | Impact of Products and Services [F.28][416-1][416-2]

Perseroan menyediakan produk pipa baja beserta layanan solusi bagi               The Company provides steel pipe products and solution services for
pengguna. Produk pipa baja telah diaplikasikan untuk berbagai                    users. Steel pipe products have been applied to a variety of human
kebutuhan manusia, baik yang berwujud sebagai peralatan maupun                   needs, both tangible as equipment and intangibles such as water and
yang tidak berwujud seperti distribusi air dan energi.                           energy distribution.

Produk Utama Kami dan Kegunaannya | Our Key Products and Its Uses



 HFW                                                            SSAW                                                     TIG
Fasilitas produksi oleh pabrik :                                Fasilitas produksi oleh pabrik :                         Fasilitas produksi oleh pabrik :
Manufacturing facilities by plants :                            Manufacturing facilities by plants :                     Manufacturing facilities by plants :
Unit 1 | Unit 2 | Unit 3 | Unit 4 | Unit 5 | Unit 6 |           Unit 4                                                   Unit 2

Black pipes, API pipes          Digunakan untuk                 Spiral pipes      Digunakan untuk                        Pipa Stainless Steel
water pipes, mechanical         konstruksi, jalur pipa air,     (API & Non        konstruksi, tiang pancang,             Industri & Ornamen.
pipes, furniture pipes,         jalur pipa minyak & gas,        API pipes)        pipa utilitas, perpipaan air,          Digunakan sebagai
steel poles.                    pipa otomotif, furnitur,                          transmisi/distribusi minyak            furnitur, rangka,
                                dan sebagainya.                                   & gas, dan sebagainya.                 industri gula, perpipaan,
                                                                                                                         dan sebagainya.
                                Used in construction,                             Used in construction,                  Industrial & ornament
                                water pipeline, oil and                           piling, utilities, water               Stainless Steel pipes.
                                gas pipeline, auto,                               pipeline, transmission/                Used in furniture, frame,
                                furniture, etc.                                   distribution oil & gas, etc.           chemical / sugar mill, piping, etc

Hingga saat ini belum ada laporan tentang adanya dampak                          Until now there has been no report regarding the impact on the health
kesehatan dan keselamatan pelanggan terkait dengan produk dan                    and safety of customers related to the products and services of the
jasa dari Perseroan. Produk pipa baja yang dihasilkan oleh Perseroan             Company. The steel pipe products produced by the Company have
telah memenuhi berbagai persyaratan seperti yang telah dijabarkan                fulfilled various requirements as described on page 68, this chapter.
pada halaman 68, bab ini.   [416-2]                                              [416-2]




Penilaian Pemasaran & Promosi | Marketing & Promotion Assessments
                                                                                                             [417-1, 417-2]



Dalam upaya mencapai target, Perseroan melakukan kegiatan atau                   In an effort to achieve its targets, the Company undertakes the
program sebagai berikut:                                                         following activities or programs:
Ÿ Marking pada pipa baja. Perseroan memberikan marking tentang                   Ÿ Marking on steel pipe. The Company provides markings on steel
 spesifikasi produk berupa ketebalan, diameter, pelapisan dan                       pipes indicating product specifications such as thickness, diameter,
 standar pada setiap produk pipa baja. Hal ini untuk memberi                       coating, and standards. This ensures that each product has been
 kepastian bahwa setiap barang telah diproduksi sesuai marking                     manufactured in accordance with the specifications outlined in the
 yang tertera. [417-1]                                                             marking. [417-1]



        kinerja ekonomi                      kinerja sosial                    kinerja lingkungan                 indeks pojk & standar gri
                                                                          environmental performance                                                    5        73
     economic performance                 social performance                                                      pojk & gri standard index
Page 82
                                       Strengthening                           Advancing
                                       FoundationS Progress                                                                  2025 Sustainability Report



     Ÿ Informasi jasa yang faktual terkait pelabelan kepada Pelanggan.                       Ÿ Factual Service Information Regarding Labeling to Customers: The
      Perseroan dalam hal ini memberikan informasi faktual mengenai                           Company provides factual information about the products,
      produk, pendistribusian ataupun jasa yang dilakukan Perseroan                           distribution, or services provided, specifically and accurately. In
      secara spesifik dan faktual. Selain itu Perseroan juga melakukan                         addition, the Company conducts regular field inspections to ensure
      mekanisme pengecekan berkala di lapangan agar informasi yang                            that the information provided to customers aligns with the actual
      disampaikan kepada Pelanggan sesuai dengan fakta di lapangan.                           conditions on the ground. This is done to prevent
      Hal ini dilakukan agar tidak terjadi kesalahan persepsi dan informasi                   misunderstandings and miscommunications between the
      antar Perseroan dan pelanggan saat kerjasama dilakukan.                                 Company and customers during the course of the partnership.
      Keterbukaan informasi akan sangat berdampak dalam pencegahan                            Transparency in information plays a critical role in preventing
      perselisihan di kemudian hari antara Perseroan dan pelanggan atau                       disputes between the Company and customers or business
      mitra kerja. [417-2]                                                                    partners in the future. [417-2]


     Penilaian Penggunaan & Layanan | Usage & Services Assessments
                                                                                                                    [F.27][417-3]



     Dalam memberikan layanan produk, Perseroan melakukan kegiatan                           In providing product services, the Company carries out the following
     atau program sebagai berikut:                                                           activities or programs:
     Ÿ Inovasi dan Pengembangan spesifikasi produk maupun jasa yang                           Ÿ Innovation and Development of product and service specifications
      dihasilkan SPINDO terus menerus dilakukan sebagai upaya                                 produced by SPINDO is continuously carried out as an effort to
      memberikan kepuasan bagi pelanggan termasuk melakukan                                   provide satisfaction for customers, including making improvements
      perbaikan dan penyempurnaan.                                                            and enhancements.
     Ÿ Perbaikan, penyempurnaan dan inovasi yang telah dan sedang                            Ÿ Upgrades, improvements and innovations that have been and are
      dilakukan oleh Perseroan diantaranya:                                                   being carried out by the Company include:
        a. Penyesuaian investasi sesuai dengan regulasi;                                        a. Investment adjustment according to regulations;
        b. Selama tahun 2025, tidak ada insiden ketidakpatuhan                                  b. During 2025, there were no incidents of non-compliance with
             terhadap peraturan dan perundang-undangan terkait                                       laws and regulations related to marketing communications
             komunikasi pemasaran dengan produk atau jasa yang                                       with products or services provided by the Company. Also,
             d i b e r i ka n Pe rs e ro a n . J u g a , t i d a k a d a d e n d a a t a s           there are no fines for non-compliance related to the
             ketidakpatuhan yang berkaitan dengan produksi produk serta                              production of products and the provision of services provided
             penyediaan jasa yang diberikan Perseroan. [417-3]                                       by the Company. [417-3]




      Prosedur penanganan Keluhan Pelanggan | Customer Complaint Handling Procedure



                                                              6
                                                              2
       5               1                      Kadep QA                                                                Kepala
      Staf Penjualan                          Head of QA                            Tim Peninjau
                                                                                                                    Departemen                Kadep Penjualan
          (Internal                           Department                             Lapangan
                                                                                                                      Terkait                 (Staf Penjualan)
         Penjualan)                                                                 Field Review
                                                                                                                      Head of                  Head of Sales
         Sales Staff                                                                    Team
                                                                                                                     Relevant                   (Sales Staff)
      (Internal Sales)
                                                                                                                    Department
                                           Kadep QA-QC
                                           Head of QA-QC
                                                                                       3                                        7                   8
                                            Department

                                            4
                                   TEntang kami                   strategi keberlanjutan                   Profil Perusahaan              tata kelola keberlanjutan
74       5                           about us                     sustainability strategy                  Corporate Profile                corporate governance
Page 83
                                                            Strengthening                           Advancing

LAPORAN keberlanjutan 2025
                                                            FoundationS Progress

                      Staf Penjualan (Internal Penjualan) | Sales Staff (Internal Sales)
                 a.   Menerima dan mengecek keluhan pelanggan terkait kualitas, kuantitas,    a.   Receive and review customer complaints regarding quality, quantity,
                      waktu, dan dokumen pengiriman sesuai perjanjian.                             time, and shipping documents as agreed.




      1
                 b.   Jika keluhan tidak sesuai perjanjian, tetap diteruskan ke QA/QC via     b.   If the complaint does not meet the agreement, it will still be forwarded
                      intramail/telepon/fax dengan memo pelanggan (jika ada).                      to QA/QC via email, phone, or fax, along with a customer memo (if
                 c.   Membuat Quality Notification di sistem untuk verifikasi oleh QA/QC             applicable).
                      berdasarkan info dari pelanggan.                                        c.   Create a Quality Notification in the system for QA/QC verification based
                 d.   Mencatat keluhan pelanggan di sistem maksimal dalam 1×24 jam.                on customer information.
                                                                                              d.   Record customer complaints in the system within 24 hours.




    2
    2            a.
                 b.
                      Kadep QA | Head of QA department
                      Mengkaji keluhan bersama bagian terkait.
                      Jika perlu, melibatkan departemen lain untuk investigasi dan analisa
                      lapangan dengan persetujuan Plant Manager.
                                                                                              a.
                                                                                              b.
                                                                                                   Review complaints in coordination with the relevant departments.
                                                                                                   If required, engage additional departments to conduct field
                                                                                                   investigations and analyses, subject to approval from the Plant
                                                                                                   Manager.



                      Tim Peninjau Lapangan | Field Review Team
                 a.   Melakukan investigasi dan analisa lapangan dengan sepengetahuan         a.   Conduct a field investigation and analysis, keeping the complainant



   3             b.


                 c.
                      pihak pengaju keluhan.
                      Mendokumentasikan hasil pemeriksaan dalam Laporan
                      Ketidaksesuaian (NCR) Lapangan.
                      QA/QC plant asal bertanggung jawab menjawab keluhan; investigasi
                                                                                              b.
                                                                                              c.
                                                                                                   informed.
                                                                                                   Record the inspection results in a Field Non-Conformance Report (NCR).
                                                                                                   The QA/QC team of the originating plant is responsible for responding
                                                                                                   to the complaint. Support for the investigation may be provided by the
                      bisa dibantu QA/QC plant terdekat dengan lokasi pelanggan.                   QA/QC team of the plant nearest to the customer.




   2
   4
                      Kadep QA-QC | Head of QA-QC department
                 Mencatat hasil pemeriksaan dalam NCR Lapangan yang ditandatangani
                 pelanggan serta menetapkan disposisi dan tindakan penyelesaian keluhan.
                                                                                              Record the inspection results in the Field Non-Conformance Report (NCR),
                                                                                              ensure it is signed by the customer, and determine the disposition and
                                                                                              corrective actions required to resolve the complaint.




   2
   5
                      Staf Penjualan (Internal Penjualan) | Sales Staff (Internal Sales)
                 Menerbitkan Customer Complaint Report (CCR) berdasarkan NCR
                 Lapangan jika ketidaksesuaian disebabkan proses internal dan tidak
                 diterima pelanggan.
                                                                                              Issue a Customer Complaint Report (CCR) based on the Field NCR if the
                                                                                              non-conformity results from an internal process and is not accepted by the
                                                                                              customer.




   2
   6             a.


                 b.
                      Kadep QA | Head of QA department
                      Menganalisis penyebab keluhan dan menetapkan tindakan perbaikan
                      terkait proses produksi atau penjualan kepada pimpinan terkait.
                      Menerbitkan CAR/PAR kepada Kadep terkait untuk mencegah kejadian
                                                                                              a.   Analyze the root cause of the complaint and determine corrective
                                                                                                   actions related to the production or sales process in coordination with
                                                                                                   the relevant management.
                      terulang kembali.                                                       b.   Issue a Corrective/Preventive Action Report (CAR/PAR) to the
                                                                                                   appropriate department head to prevent recurrence.




    2
    7            a.


                 b.
                      Kepala Departemen Terkait | Head of Relevant department
                      Bertanggung jawab menyelesaikan keluhan, menganalisis penyebab,
                      dan melakukan tindakan perbaikan.
                      Menjawab CCR serta menjalankan tindakan perbaikan/pencegahan
                                                                                              a.


                                                                                              b.
                                                                                                   Responsible for resolving complaints by analyzing root causes and
                                                                                                   implementing corrective actions.
                                                                                                   Respond to Customer Complaint Reports (CCRs) and implement
                      sesuai CCR, CAR/PAR, dan langkah pendukung lainnya.                          corrective and preventive actions in accordance with the CCR, CAR/PAR,
                                                                                                   and other supporting measures.



                      Kadep Penjualan (Staf Penjualan) | Head of Sales (Sales Staff)
                 a.   Memonitor penyelesaian keluhan hingga ada kesepakatan dengan            a.   Monitor complaint resolution until an agreement is reached with the
                      pelanggan.                                                                   customer.



   8             b.




                 c.
                      Menyampaikan jawaban tindakan perbaikan ke pelanggan (maks. H+1
                      setelah CCR diterima & maks. H+7 kerja sejak keluhan), serta meminta
                      persetujuan pelanggan.
                      Mencatat keluhan dan tindak lanjut di Log Book CCR.
                                                                                              b.




                                                                                              c.
                                                                                                   Provide corrective action plans to the customer (maximum H+1 after CCR
                                                                                                   is received and maximum H+7 working days from the date of the
                                                                                                   complaint), and request customer approval.
                                                                                                   Record complaints and follow-up actions in the CCR Logbook.
                 d.   Memproses SO retur jika terjadi pengembalian barang.                    d.   Process return orders if goods are returned.


     kinerja ekonomi                         kinerja sosial                          kinerja lingkungan                  indeks pojk & standar gri
                                                                                environmental performance                                                              5      75
  economic performance                    social performance                                                             pojk & gri standard index
Page 84
                                 Strengthening                       Advancing
                                 FoundationS Progress                                                            2025 Sustainability Report




     Jumlah Produk yang Ditarik Kembali | Total Recalled Products [F.29]

     Tahun 2025, tidak terdapat produk Perseroan yang ditarik kembali.              In 2025, there were no recalled products recorded by the Company.



     Survei Kepuasan Pelanggan | Customer Satisfaction Survey
                                                                                              [F.17, F.30]



     Perseroan mengedepankan pelanggan sebagai Pemangku                             The Company places customers as its primary stakeholders in
     Kepentingan utama bagi keberlangsungan dan keberlanjutan bisnis.               ensuring business continuity and long-term sustainability. In line with
     Untuk itu, Perseroan telah mengadakan survei sebanyak 1000                     this commitment, the Company conducted an internal survey
     responden yang berkaitan dengan produk dan jasa secara internal                involving 1,000 respondents to assess its products and services,
     oleh divisi pemasaran. Proses ini telah berjalan sepanjang tahun               facilitated by the Marketing Division. This initiative has been carried
     2025 dan akan terus berlanjut di tahun berikutnya.                             out throughout 2025 and will continue into the following year.


     Lebih dari itu, Perseroan akan berupaya maksimal memberikan nilai              Furthermore, the Company remains committed to delivering optimal
     tambah bagi para pelanggan. Pelanggan harus merasa diuntungkan                 added value to its customers, ensuring that every collaboration with
     menjalin kerja sama dengan SPINDO.                                             SPINDO provides meaningful and tangible benefits.




                              TEntang kami                strategi keberlanjutan                 Profil Perusahaan              tata kelola keberlanjutan
76       5                      about us                  sustainability strategy                Corporate Profile                corporate governance
Page 85
                             Strengthening   Advancing

LAPORAN keberlanjutan 2025
                             FoundationS Progress




          kinerja
          sosial
          social performance
                                                         6



                                                             6   77
Page 86
                                 Strengthening                    Advancing
                                 FoundationS Progress                                                        2025 Sustainability Report



     Berkomitmen Untuk
     Meningkatkan Mutu Kehidupan [413]
     Committed to Improving the Quality of Life


     Kinerja Sosial kami terkait dalam 3 (tiga) aspek, yaitu : Pengelolaan       Our social performance is focused on three key aspects: Human
     SDM, Pelaksanaan K3 dan Pengembangan masyarakat.                            Resource Management, Occupational Health and Safety (OHS)
                                                                                 implementation, and Community Development.


     Aspek pertama adalah pengelolaan Sumber Daya Manusia yang                   The first aspect is Human Resource Management, which focuses on
     berfokus pada peningkatan kualitas SDM sebagai salah satu kunci             improving the quality of human resources as one of the keys to the
     keberhasilan dan kesinambungan kinerja Perseroan.                           success and sustainability of the Company's performance.


     Aspek kedua adalah pelaksanaan K3 (Keselamatan dan Kesehatan                The second aspect is the implementation of Occupational Health and
     Kerja) yang ketat sesuai peraturan dan perundang-undangan yang              Safety (OHS), which is strictly adhered to in accordance with
     berlaku. Pelaksanaan K3 diharapkan dapat memberikan keunggulan              applicable laws and regulations. The implementation of OHS is
     operasional.                                                                expected to provide operational excellence.


     Yang terakhir, aspek ketiga adalah pengembangan masyarakat                  Finally, the third aspect is community development, which is part of
     sebagai bagian dari pelaksanaan program CSR dengan memberikan               the Company's Corporate Social Responsibility (CSR) program,
     sumbangsih kepada masyarakat dimana unit-unit bisnis Perseroan              contributing to the communities where the Company's business units
     beroperasi.                                                                 operate.


     Kinerja Sosial Tahun 2025 | Social Performance in 2025



             Dana Tanggung Jawab
             Sosial Perusahaan
             Corporate Social                                                    Rp 886.306.067
             Responsibility (CSR) Funds


     Kontribusi Kami kepada Masyarakat | Our Contribution to Society


       Iuran Rutin                                                                Dana Program
       Dana Kemasyarakatan                                                        Pengembangan Masyarakat
       Regular Community Contribution Funds                                       Community Development Program Funds



                         Rp285.810.504                                                             Rp600.495.563

                              TEntang kami             strategi keberlanjutan                Profil Perusahaan                 tata kelola keberlanjutan
78       6                      about us               sustainability strategy               Corporate Profile                   corporate governance
Page 87
                                             Strengthening              Advancing

LAPORAN keberlanjutan 2025
                                             FoundationS Progress




 Program Vokasi Industri
 untuk Pelajar | Mahasiswa
                                                        SPINDO
 Industrial Vocational Program for                   Pembangunan Infrastruktur Air Bersih di Desa Bulu, Gunungkidul
                                                     Clean Water Infrastructure Development Program in Bulu Village,
 Students | College Students                         Gunungkidul Regency

                                                     Pipanisasi Air Bersih di Dusun Undakan, Kabupaten Wonosobo
                                                     Clean Water Pipeline Infrastructure in Undakan Hamlet,
                                                     Wonosobo Regency




Kontribusi Kami kepada Karyawan | Our Contribution to Employees


  Biaya                                                       Jam
  Pelatihan Karyawan                                          Pelatihan Karyawan
  Employee Training Costs                                     Employee Training Hours



                   Rp 636.236.000                                                          1.416

  Sertifikasi Kompetensi                                       Kematian
  Personil Kebakaran                                          Akibat Kecelakaan Kerja
  FireFighter Competency Certification                         Deaths Due to Work Accidents



                   CLASS A, B, C, D                                                               0

  SPINDO CUP 2025                                    Penghargaan Karyawan
  2025 SPINDO CUP
                                                     Teladan Tahun 2025
                                                     2025 Exemplary Employee Award



      kinerja ekonomi          kinerja sosial              kinerja lingkungan       indeks pojk & standar gri
                                                      environmental performance                                        6   79
   economic performance     social performance                                      pojk & gri standard index
Page 88
                                  Strengthening                 Advancing
                                  FoundationS Progress                                                         2025 Sustainability Report




     Pengelolaan Sumber Daya Manusia [401]
     Human Resource Management

     Demografi Karyawan | Employee Demographics
                                                                        [102-8]


     Rekapitulasi Data Sumber Daya Manusia per 31 Desember 2025 | Human Resources Data Summary per 31 December 2025



             Jumlah Karyawan pada Tahun 2025
             Total Employees in 2025
                                                                               2023                         2024                    2025


              Jumlah Karyawan
              Total Employee                                          1020                               994                        994

             Komposisi karyawan berdasarkan status kepegawaian
             Employee category by employment status
                                                                               2023                         2024                    2025


             Pegawai Tetap
             Permanent Employees
                                                                        920                              899                        899
                                                                               90%                           90%                    90%


             Pegawai Kontrak
             Contract Employees
                                                                        100                                95                       95
                                                                               10%                          10%                     10%




     Status kepegawaian Perseroan adalah sebagai karyawan permanen                The employment status at the Company consists of permanent
     atau karyawan kontrak. Kedua status tersebut menjalankan tugasnya            employees and contract employees. Both types of employees work
     secara purna waktu (full time).                                              full-time.


     Karyawan permanen diberikan kebijakan remunerasi dan benefit,                 Permanent employees are provided with remuneration and benefits
     disesuaikan dengan ketentuan Upah Minimum Provinsi (UMP). Hal ini            in accordance with the provisions of the Provincial Minimum Wage
     sesuai dengan Undang-Undang No.13 tahun 2003 tentang                         (UMP), in compliance with Law No. 13 of 2003 concerning
     Ketenagakerjaan. Selain itu, Perseroan juga menerapkan remunerasi            Manpower. In addition, the Company also applies performance-
     berbasis kinerja.                                                            based remuneration.


     Karyawan kontrak mengacu pada Perjanjian Kerja Waktu Tertentu                Contract employees are governed by the Fixed-Term Employment
     (PKWT) yang telah diatur sesuai peraturan UU Cipta Kerja, yaitu UU           Agreement (PKWT), which is regulated under the provisions of the
     Nomor 11 Tahun 2020. Namun, Perseroan memberikan kesempatan                  Job Creation Law, specifically Law No. 11 of 2020. However, the
     bagi karyawan kontrak yang memiliki kinerja baik untuk menjadi               Company offers opportunities for contract employees with good
     karyawan permanen.                                                           performance to be promoted to permanent status.


     Data Perseroan setiap tahunnya menunjukkan bahwa jumlah                      Data from the Company each year shows that the number of
     karyawan permanen lebih banyak daripada karyawan kontrak.                    permanent employees is greater than the number of contract
                                                                                  employees.



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                                                        Strengthening                     Advancing

LAPORAN keberlanjutan 2025
                                                        FoundationS Progress




Jumlah Pekerja Berdasarkan Jenis Kelamin | Total Employee Based on Gender
                                                            Laki-Laki | Male                       Perempuan | Female

 Tahun | Year                                      Permanen             Kontrak              Permanen                Kontrak           Jumlah
                                                   Permanent            Contract             Permanent               Contract           Total

 2025                                                       767                  77                   132                     18           994

 2024                                                       778                  67                   124                     25           994

 2023                                                       796                  71                   124                     29          1020

 2022                                                       820                  56                   125                     29          1030

 2021                                                       840                121                    131                     18          1.110




Jumlah Pekerja Berdasarkan Lokasi Kerja | Total Employee by Work Location
                               Kantor | Office                     Pabrik | Plant                  Gudang | Warehouse

 Tahun | Year              Permanen        Kontrak           Permanen          Kontrak           Permanen         Kontrak             Jumlah
                           Permanent       Contract          Permanent         Contract          Permanent        Contract             Total

 2025                         163               29                631               57              105                  9                994

 2024                         153               25                630               55              119                 12                994

 2023                         152               28                763               68                5                  4               1020

 2022                         227               53                710               29                6                  5               1030

 2021                         171               18                701              217                3                  0              1.110




Keseluruhan data dan informasi Sumber Daya Manusia dilakukan               All data and information related to Human Resources are updated
dengan aktualisasi setiap bulannya dari seluruh anak usaha dan juga        monthly from all subsidiaries and outsourcing companies operating
para perusahaan alih daya yang bekerja di seluruh wilayah                  across the Company's operational areas.
operasional Perusahaan.




       kinerja ekonomi                    kinerja sosial                  kinerja lingkungan              indeks pojk & standar gri
                                                                     environmental performance                                                 6   81
    economic performance               social performance                                                 pojk & gri standard index
Page 90
                                   Strengthening                     Advancing
                                   FoundationS Progress                                                          2025 Sustainability Report



     Keterlibatan Karyawan | Employee Engagement [102-43] [401]

     Keterlibatan kar yawan memainkan peran penting dalam                           Employee engagement plays a crucial role in fostering a positive
     membangun budaya organisasi yang positif dan menyelaraskan                     organizational culture and aligning employees with the company’s
     karyawan dengan tujuan strategis perusahaan. Perseroan secara                  strategic goals. Our company actively engages with employees
     aktif melibatkan karyawan melalui saluran komunikasi yang rutin,               through regular communication channels, feedback mechanisms,
     mekanisme umpan balik, dan partisipasi dalam proses pengambilan                and participation in decision-making processes. This ensures that
     keputusan. Hal ini memastikan bahwa karyawan tidak hanya                       staff are not only informed about company performance and future
     diinformasikan tentang kinerja dan rencana masa depan Perseroan,               plans but are also given a platform to voice their concerns, ideas, and
     tetapi juga diberikan platform untuk menyampaikan kekhawatiran,                suggestions. By cultivating a transparent and inclusive environment,
     ide, dan saran mereka. Dengan menciptakan lingkungan yang                      we aim to enhance employee satisfaction, increase productivity, and
     transparan dan inklusif, Perseroan bertujuan untuk meningkatkan                strengthen our commitment to continuous improvement.
     kepuasan karyawan, meningkatkan produktivitas, dan memperkuat
     komitmen kami terhadap perbaikan berkelanjutan.




      SPINDO Annual Meeting 2025-2026
      ACCE55 FORWARD Strengthening Foundations, Advancing Progress

     SPINDO menyelenggarakan Annual Meeting 2025 sebagai forum                      SPINDO held its 2025 Annual Meeting as a strategic corporate forum
     strategis perusahaan yang berperan penting dalam proses evaluasi               that plays a vital role in evaluating performance, aligning policies, and
     kinerja, penyelarasan arah kebijakan, serta penguatan sinergi organisasi.      strengthening organizational synergy. The two-day event took place
     Pelaksanaan kegiatan selama dua hari, tanggal 11–12 Desember 2025,             on December 11–12, 2025, at the Surya Hotel in Tretes, East Java,
     bertempat di Hotel Surya, Tretes, Jawa Timur, yang melibatkan jajaran          and was attended by leaders and management from all company
     pimpinan dan manajemen dari seluruh unit kerja perusahaan.                     units.




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82       6                        about us                sustainability strategy                Corporate Profile                 corporate governance
Page 91
                                                          Strengthening                     Advancing

LAPORAN keberlanjutan 2025
                                                          FoundationS Progress

Annual Meeting 2025 mengusung tema “ACCE55 FORWARD:                            The 2025 Annual Meeting carried the theme “ACCE55 FORWARD:
Strengthening Foundations, Advancing Progress”, yang                           Strengthening Foundations, Advancing Progress,” which reflects
mencerminkan fokus strategis perusahaan dalam memperkuat                       the company’s strategic focus on reinforcing organizational
fondasi organisasi, tata kelola, dan kapabilitas bisnis, sekaligus             foundations, governance, and business capabilities while
mendorong percepatan kinerja untuk mendukung pertumbuhan                       simultaneously accelerating performance to support sustainable
yang berkelanjutan. Tema tersebut selaras dengan visi jangka                   growth. This theme aligns with the company’s long-term vision and
panjang perusahaan serta menjadi landasan dalam merumuskan                     serves as a basis for developing future strategies and work programs.
strategi dan program kerja ke depan.


Kegiatan ini diikuti oleh 134 peserta, yang terdiri dari Dewan                 The event was attended by 134 participants, including the Board of
Komisaris, Direksi, manajemen senior, serta pimpinan unit kerja dari           Commissioners, Board of Directors, senior management, and unit
berbagai fungsi dan wilayah operasional SPINDO. Kehadiran lintas               leaders from various functions and operational areas within SPINDO.
fungsi ini memastikan terciptanya keselarasan pemahaman atas                   This cross-functional participation ensured a shared understanding
kondisi bisnis, tantangan industri, serta prioritas strategis                  of business conditions, industry challenges, and the company’s
perusahaan secara menyeluruh.                                                  overall strategic priorities.


Rangkaian agenda hari pertama difokuskan pada sesi strategis dan               The first day’s agenda focused on strategic and reflective sessions. The
reflektif. Kegiatan diawali dengan pembukaan resmi Annual Meeting               event opened with the official inauguration of the 2025 Annual
2025, dilanjutkan dengan sambutan dari jajaran Dewan Komisaris                 Meeting, followed by remarks from the Board of Commissioners and the
dan Direksi. Agenda kemudian mencakup pemaparan kondisi dan                    Board of Directors. The agenda then continued with a presentation on
prospek ekonomi, penyampaian Corporate Objectives, serta                       economic conditions and outlook, the presentation of Corporate
penjabaran target dan arah strategis perusahaan tahun 2026. Selain             Objectives, and a detailed explanation of the company’s targets and
itu, manajemen juga menyampaikan evaluasi atas pencapaian Key                  strategic direction for 2026. Management also delivered an evaluation
Per formance Indicator (KPI) Tahun 2025 sebagai bentuk                         of the achievement of the 2025 Key Performance Indicators (KPIs),
akuntabilitas kinerja sekaligus dasar dalam penyusunan program                 serving as a form of performance accountability and as a foundation for
kerja tahun berikutnya.                                                        developing the work program for the following year.


Untuk memperkuat perspektif kepemimpinan dan motivasi                          To strengthen leadership perspectives and enhance organizational
organisasi, Annual Meeting 2025 menghadirkan sesi motivasi yang                motivation, the 2025 Annual Meeting also featured motivational
dirancang untuk mendorong semangat, ketangguhan, dan kesiapan                  sessions aimed at fostering enthusiasm, resilience, and readiness
insan perusahaan dalam menghadapi dinamika bisnis. Gala Night                  among employees in responding to dynamic business challenges.
dan Awarding Night, yang menjadi bentuk apresiasi perusahaan atas              Gala Night and Awarding Night, which served as a form of
kontribusi, dedikasi, dan kinerja terbaik insan SPINDO sepanjang               appreciation for the contributions, dedication, and outstanding
tahun berjalan.                                                                performance of SPINDO employees throughout the year.


Sementara itu, hari kedua difokuskan pada penguatan kolaborasi dan             The second day focused on strengthening collaboration and work
budaya kerja melalui rangkaian team building activities. Kegiatan ini          culture through a series of team-building activities. These activities
dirancang untuk meningkatkan kerja sama tim, komunikasi yang                   were designed to enhance teamwork, effective communication, and
efektif, serta internalisasi nilai-nilai perusahaan. Melalui aktivitas ini,    the internalization of company values. Through these sessions, the
perusahaan menegaskan pentingnya sinergi dan kebersamaan                       company emphasized the importance of synergy and togetherness
sebagai fondasi dalam mencapai kinerja yang berkelanjutan.                     as key foundations for achieving sustainable performance. The
Rangkaian kegiatan ditutup dengan penutupan resmi Annual                       program concluded with the official closing of the 2025 Annual
Meeting 2025 oleh manajemen perusahaan.                                        Meeting by company management.


Secara keseluruhan, Annual Meeting 2025 memberi nilai strategis bagi           Overall, the 2025 Annual Meeting delivered significant strategic
SPINDO sebagai sarana evaluasi menyeluruh atas kinerja perusahaan,             value for SPINDO by providing a comprehensive evaluation of
penyelarasan arah bisnis, serta penguatan komitmen bersama dalam               company performance, aligning business direction, and reinforcing a
mendukung pencapaian target jangka menengah dan panjang.                       shared commitment to achieving medium- and long-term objectives.
Kegiatan ini juga menjadi bagian penting dalam upaya perusahaan                The meeting also formed an essential part of the company’s efforts to
membangun organisasi yang solid, adaptif, dan berdaya saing tinggi.            build a strong, adaptive, and highly competitive organization.

        kinerja ekonomi                    kinerja sosial                     kinerja lingkungan               indeks pojk & standar gri
                                                                         environmental performance                                              6        83
     economic performance               social performance                                                     pojk & gri standard index
Page 92
                                     Strengthening                    Advancing
                                     FoundationS Progress                                                             2025 Sustainability Report



     Komitmen Perseroan Terhadap
     Hak Asasi Manusia [412]
     Company Commitment to Human Rights

     Perseroan secara aktif memastikan setiap operasional Perseroan di               The company actively ensures that all of its operations, regardless of
     wilayah manapun tidak bertentangan dan melanggar prinsip dasar                  location, do not conflict with or violate the fundamental principles of
     Hak Asasi Manusia. Perseroan memberikan kebebasan untuk                         Human Rights. The company grants freedom for all employees to
     berserikat dan berorganisasi bagi seluruh karyawannya. Organisasi               associate and organize. The organization currently followed is the
     yang diikuti saat ini adalah Federasi Serikat Pekerja Logam Elektronik          Federation of Metal, Electronics, and Machinery Workers Union of the
     Mesin Serikat Pekerja Seluruh Indonesia (FSP LEM SPSI) PT Steel                 All-Indonesian Workers Union (FSP LEM SPSI) PT Steel Pipe Industry
     Pipe Industry of Indonesia Tbk. [412-1]                                         of Indonesia Tbk. [412-1]


     FSP LEM SPSI terbagi dalam 4 (empat) Pengurus Unit Kerja (PUK) :                FSP LEM SPSI has 4 (four) sub-divisions of the Work Unit Administrator
     Ÿ PUK FSP LEM SPSI Unit 1, Unit 2, Unit 6, Kantor Pusat Surabaya                (PUK):
      dan Kantor Jakarta.                                                            Ÿ PUK FSP LEM SPSI Unit 1, Unit 2, Unit 6, Kantor Pusat Surabaya
         Alamat : Jl. Rungkut Industri I No. 28, Surabaya. Nomor                      dan Kantor Jakarta.
         pendaftaran SP: 250/4298/436.5.10/SP-235/2006.                                  Address : Jl. Rungkut Industri I No. 28, Surabaya. Worker Union
     Ÿ PUK FSP LEM SPSI Unit 3.                                                          registering no.: 250/4298/436.5.10/SP-235/2006.
         Alamat : Jl. Mastrip, Warugunung, Karangpilang, Surabaya.                   Ÿ PUK FSP LEM SPSI Unit 3.
         Nomor pendaftaran SP: 250/3468/436.5.10/SP-211/2006.                            Address : Jl. Mastrip, Warugunung, Karangpilang, Surabaya.
     Ÿ PUK FSP LEM SPSI Unit 4.                                                          Worker Union registering no.: 250/3468/436.5.10/SP-211/2006.
         Alamat : Jl. Kabupaten, Cangkringmalang, Beji, Pasuruan. Nomor              Ÿ PUK FSP LEM SPSI Unit 4.
         pendaftaran SP: 47/D.27.271/2014.                                               Address : Jl. Kabupaten, Cangkringmalang, Beji, Pasuruan.
     Ÿ PUK FSP LEM SPSI Unit 5.                                                          Worker Union registering no.: 47/D.27.271/2014.
         Alamat : Kawasan Industri Mitrakarawang, Parungmulya,                       Ÿ PUK FSP LEM SPSI Unit 5.
         Ciampel, Karawang. Nomor pendaftaran SP: Penc.568/1414/HI-                      Address: Kawasan Industri Mitrakarawang, Parungmulya,
         Syaker.                                                                         C i a m p e l , K a r a w a n g . Wo r k e r U n i o n r e g i s t e r i n g n o. :
                                                                                         Penc.568/1414/HI-Syaker.


     Jumlah anggota Serikat Pekerja pada masing-masing Pengurus Unit                 Number of workers union members in each Work Unit Administrator
     Kerja (PUK) :                                                                   (PUK):


      Unit | Unit                                                         Organisasi | Organization                                                Total | Total


     Kantor Pusat (Head Office)                  SPSI (Serikat Pekerja Seluruh Indonesia) Indonesian Workers Union                                            8

     Unit I                                     SPSI (Serikat Pekerja Seluruh Indonesia) Indonesian Workers Union                                         123

     Unit II                                    SPSI (Serikat Pekerja Seluruh Indonesia) Indonesian Workers Union                                          54

     Unit III                                   SPSI (Serikat Pekerja Seluruh Indonesia) Indonesian Workers Union                                          97

     Unit IV                                    SPSI (Serikat Pekerja Seluruh Indonesia) Indonesian Workers Union                                          85

     Unit V                                     SPSI (Serikat Pekerja Seluruh Indonesia) Indonesian Workers Union                                         147

     Unit VI                                    SPSI (Serikat Pekerja Seluruh Indonesia) Indonesian Workers Union                                          69

     Unit VI                                    SPMI (Serikat Pekerja Metal Indonesia) Indonesian Metal Workers Indonesia                                  26

     Unit I                                     SBSI (Serikat Buruh Seluruh Indonesia) Indonesian Labor Union                                              11

     Unit II                                    SBSI (Serikat Buruh Seluruh Indonesia) Indonesian Labor Union                                                1



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                                                        Strengthening                     Advancing

LAPORAN keberlanjutan 2025
                                                        FoundationS Progress




Perseroan juga mengadakan sosialisasi terhadap kode etik dan                  The Company also held socialization related to the Code of Conduct
peraturan perusahaan yang selaras dengan penerapan HAM di                     and Company Regulation that is consistent with the implementation
lingkungan Perseroan. [ 4 1 2 - 2 ] Tidak hanya itu, Perseroan juga           of human rights in the Company’s environment. [412-2] Not only that, the
memastikan mitra kerja selalu menjunjung tinggi HAM dalam proses              Company also made sure that its work partners always honor the
kemitraannya, seperti tidak memperkerjakan anak di bawah umur                 principle of human rights in its partnership process for instance to not
dan juga diskriminatif terkait SARA.                                          employ minors and implement discriminative policies.


Sepanjang tahun 2025, Perseroan tidak mendapatkan laporan                     Throughout 2025, the Company did not receive any complaints of
mengenai pelanggaran HAM yang berkaitan dengan praktik                        human rights violations in regards to employment practices or the
ketenagakerjaan ataupun masyarakat sekitarnya.                                surrounding communities.



Pengembangan Karir | Career Development
                                                              [404-3,405-2]


Dalam pengelolaan sumber daya manusia, SPINDO terus berupaya                  In managing human resources, SPINDO continues to strive to
untuk meningkatkan profesionalitas dan kompetensi pekerja sesuai              improve the professionalism and competence of workers in
dengan skema atau program pengembangan yang telah disusun.                    accordance with the scheme or development program that has been
Indikasi adanya kenyamanan dan keamanan bekerja dapat dilihat                 prepared. Indications of the comfort and safety of working can be
antara lain dari rendahnya angka turnover pekerja, ketiadaan pekerja          seen, among others, from the low turnover rate of workers, the
dikenai PHK, adanya pemakaian tingkat jam kerja yang tinggi, dan              absence of workers subject to layoffs, the use of a high level of
meningkatnya kualitas pekerja sesuai hasil penilaian kompetensi.              working hours, and the increasing quality of workers according to the
                                                                              results of the competency assessment.


SPINDO telah memiliki ‘Grading System’ dan ‘Job Description’ yang             SPINDO already has a ‘Grading System’ and a ‘Job Description’ which
mengatur secara jelas mengenai jenjang kepangkatan dan tugas                  clearly regulates the level of rank and duties and responsibilities for
serta tanggung jawab untuk setiap jabatan. Untuk mengoptimalkan               each position. To optimize the program, SPINDO conducts employee
program tersebut, SPINDO melakukan pengembangan kompetensi                    competency development through the ‘Competency Assessment
karyawan melalui ‘Competency Assessment Program’ untuk seluruh                Program’ for all positions (100%) in the Company.
posisi (100%) yang ada di Perusahaan.


Hasil dari penilaian ini dijadikan acuan untuk menganalisis kebutuhan         The results of this assessment serve as a reference for identifying
pengembangan karyawan dalam rangka peningkatan kompetensi                     employee development needs, with the aim of enhancing
dan jenjang karir karyawan seluruh karyawan SPINDO. Rincian                   competencies and supporting the career advancement of all SPINDO
karyawan yang menerima tunjangan rutin terhadap kinerja dan                   employees. Details of employees who received regular performance
pengembangan karir selama periode pelaporan adalah:                           evaluations and career development support during the reporting
                                                                              period are presented as follows:


Karyawan yang menerima tunjangan rutin terhadap kinerja & pengembangan karir tahun 2025
Employees Receiving Regular Performance Evaluation and Career Development Benefits in 2025
                                                 Laki-Laki | Male                            Perempuan | Female

 Tingkatan | Level                          Jumlah              %                           Jumlah               %                          Jumlah
                                             Total                                           Total                                           Total


Staff & Non-Staff                                 844                85                           150                15                             994

Dari sebaran jenis kelamin (gender), perempuan memiliki persentase            From the gender distribution standpoint, women demographic is still
masih sedikit. Hal ini dikarenakan industri pipa baja masih didominasi        represented in small number due to the fact that steel pipe industry
oleh laki-laki. Dalam hal pengembangan karir, SPINDO sama sekali              remains a male dominated industry. In career development program,

        kinerja ekonomi                   kinerja sosial                   kinerja lingkungan              indeks pojk & standar gri
                                                                      environmental performance                                                 6         85
     economic performance              social performance                                                  pojk & gri standard index
Page 94
                                   Strengthening                   Advancing
                                   FoundationS Progress                                                              2025 Sustainability Report




     tidak mempertimbangkan faktor gender atau sangat menjunjung                    SPINDO does not factor in gender in its decision meaning SPINDO
     kesetaraan. Pertimbangan dan penilaian terhadap pengembangan                   highly value equality. Consideration and assessment on career
     karir berdasarkan kinerja, kapasitas, dan kapabilitas serta beban kerja        development are based on performance, capacity and capability and
     yang dimiliki setiap karyawan.                                                 the work load of every employee.



     Tenaga Kerja Anak & Kerja Paksa | Child Labor & Forced Labor [F.19][408-1,409-1]
     Perseroan selalu mengutamakan aspek kepatuhan (compliance)                     The Company always prioritizes the aspects of compliance with
     terhadap peraturan perundang-undangan yang berlaku yang                        applicable laws and regulations, including those relating to labor. For
     berkaitan dengan tenaga kerja. Untuk itu, Perseroan memastikan                 this reason, the Company ensures that there are no underage workers
     bahwa tidak ada tenaga kerja di bawah umur dan tenaga kerja paksa              and forced labors working for SPINDO.
     yang berkerja di SPINDO.


     Perseroan juga telah memastikan para pemasok menandatangani kode               The company has also ensured that suppliers sign a supplier code of
     etik pemasok yang berisi juga larangan terhadap mempekerjakan anak.            ethics which also contains a prohibition against child employment.


     Upah Minimum Regional | Regional Minimum Wage
                                                                                   [F.20][202-1,408-1,409-1,405-2]



     Perseroan memberikan imbalan atas jasa karyawan sesuai dengan                  The Company provides compensation of the employee’s work in
     upah minimum regional (UMR) masing-masing Provinsi, mengingat                  accordance with the regional minimum wage (UMR) of each Province,
     cakupan wilayah operasional Perseroan yang tersebar di beberapa                since the coverage of the Company’s operational areas that spread in
     wilayah di Indonesia.                                                          several areas in Indonesia.


     Imbalan jasa karyawan tingkat terendah Perseroan pada tahun 2025               For the operations areas of Surabaya, Sidoarjo, Pasuruan, DKI Jakarta,
     untuk wilayah operasional Surabaya, Sidoarjo, Pasuruan, DKI Jakarta            and Karawang in 2025, the Company's lowest level employee service
     dan Karawang rata-rata hampir sama dengan UMK/UMP Provinsi.                    benefits are nearly identical to the provincial UMK/UMP.

     Perbandingan UMK/UMP yang Ditetapkan Pemerintah & Imbal Jasa Karyawan Tingkat Terendah Perusahaan
     tahun 2025 | Comparison of the UMK/UMP Set by the Government and the Company's Lowest Level Employee
     Wage in 2025
     Wilayah Operasional               UMK/UMP Provinsi [Rp]                      Imbal Jasa Karyawan Tingkat Terendah [Rp]                   Persentase
      Operational Area                  Provincial UMK [IDR]                          Lowest Level Employee Wage [IDR]                        Percentage

     Surabaya                                  5.444.909                                                5.444.909                                100%
     Sidoarjo                                  5.344.782                                                5.444.909                                102%
     Pasuruan                                  5.340.808                                                5.444.909                                102%

     Gresik                                    5.348.757                                                5.444.909                                102%

     Karawang                                  5.910.371                                                5.910.371                                100%

     DKI Jakarta                               5.729.876                                                5.729.876                                100%

     Semanan                                   5.729.876                                                5.729.876                                100%

     Bandung                                   4.737.678                                                4.737.678                                100%

     Semarang                                  3.701.709                                                3.701.709                                100%

     Samarinda                                 3.983.882                                                3.983.882                                100%

     Makassar                                  4.148.179                                                4.148.179                                100%

     Pekanbaru                                 3.998.179                                                3.998.179                                100%

     Medan                                     4.335.198                                                4.335.198                                100%

                                TEntang kami            strategi keberlanjutan                      Profil Perusahaan           tata kelola keberlanjutan
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Selain memastikan terpenuhinya UMK/UMP, Perseroan juga                     In addition to ensuring the fulfillment of UMK/UMP, the Company also
memberikan program kesejahteraan karyawan. Kesejahteraan                   provided employee welfare program. The welfare of employee is one
karyawan menjadi salah satu perhatian utama Perseroan agar                 of the main attentions of the Company to make employee feels safe
karyawan dapat merasa aman dan nyaman dalam bekerja, sehingga              and comfortable at work and to be able to work with better
dapat bekerja dengan motivasi yang lebih baik. Pada akhirnya hal           motivation. In the end, it is expected that it will contribute to the
tersebut diharapkan akan berkontribusi pada peningkatkan prestasi          increase of work achievements and productivity.
dan produktivitas kerja.


    Manajer ke atas                  Manager and above                         Staf dan Non-Staf                 Staff and Non staff
    Gaji Pokok                       Basic Salary                              Gaji Pokok                        Basic Salary
    Tunjangan Jabatan                Functional Allowance                      Tunjangan Jabatan                 Functional Allowance
    Tunjangan Hari Raya (THR)        Religious Festivity Allowance             Tunjangan Hari Raya (THR)         Religious Festivity Allowance
    Bonus                            Bonus                                     Bonus                             Bonus
    Tunjangan Kesehatan              Healthcare Allowance                      BPJS Kesehatan                    Healthcare Security - BPJS
    BPJS Kesehatan                   Healthcare Security - BPJS                                                  Kesehatan
                                     Kesehatan                                 BPJS Ketenagakerjaan              Manpower Security - BPJS
    BPJS Ketenagakerjaan             Manpower Security - BPJS                                                    Ketenagakerjaan
                                     Ketenagakerjaan                           Tunjangan Transportasi            Transport Allowance
    Tunjangan Transportasi           Transport Allowance                       Tunjangan Perjalanan Dinas        Travel Allowance
    Tunjangan Perjalanan Dinas       Travel Allowance                          Program Pensiun                   Retirement Fund
    Car Loan                         Car Loan                                  Fasilitas Koperasi                Saving & Loan Facility
    Program Pensiun                  Retirement Fund                           Bantuan Sosial                    Social Assistance
    Fasilitas Koperasi               Saving & Loan Facility
    Bantuan Sosial                   Social Assistance



Perseroan juga menyediakan berbagai fasilitas dan tunjangan lain,          The Company also provides various facilities and other allowances for
seperti:                                                                   employees, namely:
Ÿ   Tunjangan kesehatan, diberikan berdasarkan level dan lama              Ÿ   Health Allowance, facilitated based functional level, and service
    bekerja dari masing-masing karyawan.                                       period of each employee.
Ÿ   Tunjangan pensiun, diberikan kepada karyawan yang telah                Ÿ   Pension Allowance, facilitated to employees who have been
    bekerja selama 25 tahun atau lebih dan telah mencapai usia                 working for 25 years or more and have reached 5 pension ages
    pensiun (55 tahun).                                                        (55 years old).
Ÿ   Tunjangan uang makan dan uang transport.                               Ÿ   Allowances for Food and Transportation.
Ÿ   Tunjangan alat komunikasi, untuk divisi tertentu.                      Ÿ   Communication device allowance, for certain divisions.
Ÿ   Tunjangan cuti selama 12 (dua belas) hari kerja.                       Ÿ   12 (Twelve) days Annual Leave entitlement.
Ÿ   Tunjangan cuti selama 3 (tiga) bulan untuk karyawati yang              Ÿ   Three-month maternity leave entitlement.
    melahirkan.                                                            Ÿ   Leave facility for special events such as death, son’s circumcision,
Ÿ   Tunjangan cuti untuk kejadian khusus seperti kematian, sunatan,            child’s baptism, school graduation, birth etc as regulated in the
    pembaptisan, wisuda, kelahiran, dan lain sebagainya untuk                  Collaborative Labor Agreements (PKB).
    karyawan, yang diatur dalam Perjanjian Kerja Bersama (PKB).




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                                                                     environmental performance                                                6       87
      economic performance            social performance                                                pojk & gri standard index
Page 96
                                Strengthening                   Advancing
                                FoundationS Progress                                                         2025 Sustainability Report



     Komitmen Perseroan Terhadap
     Pengembangan Karyawan
     Company Commitment to Human Rights

                                                                                                                     [F.18][405-2]
     Keanekaragaman dan Kesempatan Setara | Diversity and Equal Work Opportunity
     SPINDO dalam operasionalnya sangat menjunjung tinggi nilai                  In its operations, SPINDO firmly upholds the value of diversity. Every
     keberagaman. Setiap insan SPINDO memiliki kesempatan yang sama              member of SPINDO has an equal opportunity to be creative according
     dalam berkreativitas sesuai dengan tujuan dan cita-cita Perusahaan.         to the goal and the aspiration of the Company. For SPINDO, diversity
     Keanekaragaman di dalam SPINDO tidak hanya dari sisi                        does not reflect only in its employment aspect but also embodies its
     kekaryawanan semata, namun juga di dalam Badan Tata Kelola                  corporate governance agency. Below is the employee ratio by gender
     Perusahaan. Berikut adalah rasio karyawan berdasarkan jenis                 and age:
     kelamin dan usia:




     Rekapitulasi Data Sumber Daya Manusia per 31 Desember 2025
     Human Resources Data Summary per 31 December 2025

       Komposisi karyawan berdasarkan jenis kelamin
       Employee category by gender
                                                                               2023                       2024                          2025


       Pria
       Male
                                                                        867                            845                           844
                                                                               85%                         85%                          85%



       Wanita
       Female
                                                                        153                            149                           150
                                                                               15%                        15%                           15%




       Komposisi karyawan berdasarkan kategori usia
       Employee category by age
                                                                               2023                       2024                          2025


       <26 tahun
       <26 year old
                                                                           64                            59                            70
                                                                               6%                          6%                            6%



       26 - 35 tahun
       26 - 35 year old
                                                                        277                            262                           240
                                                                               27%                         27%                          26%



       36 - 45 tahun
       36 - 45 year old
                                                                        353                            356                           366
                                                                               35%                         35%                          36%



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                                                                         2023                         2024                           2025



  46 - 50 tahun | 46 - 50 year old                                  166                           159                            153
                                                                         18%                          16%                            16%




  51 - 55 tahun | 51 - 55 year old                                  135                           135                            138
                                                                         12%                          13%                            14%




  >56 tahun | >56 year old                                               25                          22                              27
                                                                         2%                            2%                            2%




Hingga saat ini, sektor usaha Perseroan merupakan salah satu sektor        Currently, the Company's sector is one that is predominantly male-
yang didominasi oleh karyawan laki-laki, sehingga apabila dilihat dari     dominated. Therefore, when looking at the ratio of male to female
rasio antara karyawan laki-laki dan perempuan, maka jumlah                 employees, the number of male employees is higher. The Company is
karyawan laki-laki lebih besar. Perseroan senantiasa membuka               always open to providing equal opportunities for female candidates
kesempatan seluas-luasnya bagi calon tenaga kerja perempuan yang           who wish to join the Company.
ingin turut bergabung bersama Perseroan.


Kelompok usia karyawan terbanyak di tahun 2025 pada rentang usia           The largest age group of employees in 2025 is within the age range of
36-45 tahun, sementara kelompok usia tersedikit pada usia diatas 56        36-45 years, while the smallest age group is above 56 years. Almost
tahun. Hampir seluruh kelompok usia menunjukkan kenaikan jumlah            all age groups have shown an increase in the number of employees,
karyawan, sementara usia lainnya tetap.                                    while other age groups have remained stable.


SPINDO berkomitmen untuk memberikan kesempatan yang sama                   SPINDO is committed to providing equal opportunities to all
kepada seluruh karyawan mulai dari proses rekrutmen, akses                 employees, starting from the recruitment process, access to training
terhadap program pelatihan dan pengembangan, hingga promosi                and development programs, career development promotions, and
pengembangan karier dan hak-hak karyawan lainnya yang                      other employee rights as outlined in the employment agreements and
tercantum dalam perjanjian kerja serta peraturan perundang-                applicable labor regulations, without discrimination. [405-2]
undangan terkait ketenagakerjaan yang berlaku tanpa adanya
diskriminasi. [405-2]




         kinerja ekonomi                kinerja sosial                   kinerja lingkungan              indeks pojk & standar gri
                                                                    environmental performance                                               6      89
      economic performance           social performance                                                  pojk & gri standard index
Page 98
                                   Strengthening                     Advancing
                                   FoundationS Progress                                                            2025 Sustainability Report




     Rekrutmen | Recruitment [202-1]

     Selama 2025, SPINDO dan entitasnya melakukan proses rekrutmen                    In 2025, SPINDO and its entities conducted a recruitment process to
     untuk memenuhi posisi yang dibutuhkan. Rekrutmen ini dilakukan                   meet the positions needed. The recruitment process was carried out
     atas dasar evaluasi peningkatan kebutuhan organisasi dan                         based on the evaluation of the increasing needs of the organization
     penggantian karyawan.                                                            and employee replacement.


              Karyawan Baru dan Tingkat Pergantian Berdasarkan Kelompok Jenis Kelamin, Usia dan Wilayah Kerja tahun 2025 |
                            New Employee and Turn Over Rate Based on Gender, Gender and Work Area in 2025

                           Jenis Kelamin | Gender                                   Usia | Age                               Wilayah Kerja | Work Area

     Categori              Laki-Laki Perempuan             < 30 Tahun     30–50 Tahun     > 50 Tahun                      Kantor          Pabrik        Depo
     Category                Male      Female             < 30 Years Old 30–50 Years Old > 50 Years Old                   Office           Plant         Depot

     Karyawan Baru                43            12                   47                    8                  0                 32             20                 3
     New Employee


     Pergantian                   13             6                   14                    5                  0                   8            11                 0
     Substitution




     Pelatihan & Pengembangan Karyawan | Employee Training and Education [F.22][404-2, 403-5, 403-6, 403-7]

     SPINDO memandang sumber daya manusia sebagai salah satu                          SPINDO views human resources as one of the most important and
     pemangku kepentingan yang sangat penting dan berharga bagi                       valuable stakeholders for the sustainability of the Company.
     keberlanjutan Perusahaan. Oleh karena itu, Kami terus melakukan                  Therefore, we continuously improve competencies, both soft skills
     peningkatan kompetensi, baik soft skills maupun hard skills.                     and hard skills.


     Perseroan berkomitmen untuk terus mengembangkan kompetensi                       The Company is committed to further developing employees'
     karyawan sesuai dengan fungsi dan bidang kerjanya. Komitmen ini                  competencies according to their functions and job fields. This
     tercermin dalam biaya dan jumlah jam yang dialokasikan untuk                     commitment is reflected in the costs and hours allocated for various
     berbagai pelatihan, baik soft skills maupun hard skills.                         training programs, both soft skills and hard skills.


     Pelatihan karyawan terbagi menjadi Pelatihan Internal dan Pelatihan              Employee training is divided into Internal Training and External
     Eksternal. Pelatihan Internal terbagi menjadi Pelatihan Umum dan                 Training. Internal Training is divided into General Training and
     Pelatihan Khusus/Inti yang bersifat teknis. Pelatihan Eksternal terbagi          Specific/Core Training, which is technical in nature. External Training
     menjadi Pelatihan Non-Manajemen dan Pelatihan Manajemen.                         is divided into Non-Management Training and Management Training.
     Selain itu diadakan pula Pelatihan Eksternal untuk Direksi.                      Additionally, External Training for the Board of Directors is also held.


     Berikut adalah tabel judul pelatihan yang telah diikuti oleh karyawan            Here is the table of training titles that have been attended by the
     Perseroan :                                                                      Company's employees:




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Jenis & Judul Pelatihan Karyawan | Types & Titles of Employee Training

Pelatihan Internal | Internal Training

 No.                                    Pelatihan Khusus / Inti | Core / Specialized Training            Jumlah Peserta | No. of Participant

 01. Analisa Data Statistik (Seven Tools)                             Statistical Data Analysis (Seven Tools)                            51
 02. Aspect Impact Risk Assessment (AIRA)                             Aspect Impact Risk Assessment (AIRA)                                  2
 03. Autonomous Maintenance                                           Autonomous Maintenance                                             17
 04. Company Profile & Visi Misi PT SPINDO Tbk                         Company Profile & Vision and Mission of PT SPINDO Tbk               29
 05. Effective Budgeting & Cost Control                               Effective Budgeting & Cost Control                                 28
 06. First Aid                                                        First Aid                                                             2
 07. Information Technology Awareness                                 Information Technology Awareness                                   12
 08. Investigasi Kecelakaan Kerja                                     Workplace Accident Investigation                                   13
 09. Kode Etik Perusahaan                                             Company Code of Ethics                                             12
 10. Kualitas dan Jenis Cacat Hasil Pengelasan HF                     Quality and Types of HF Welding Defects                            22
 11. Maintenance Management                                           Maintenance Management                                             15
 12. Manajemen Pergudangan                                            Warehouse Management                                                  1
 13. Melaksanakan 5R                                                  Implementing 5R                                                  123
 14. Melaksanakan Hubungan Kerja                                      Implementing Employment Relations                                     1
 15. Melaksanakan Pembuatan HFW                                       Implementing HFW Manufacturing                                        1
 16. Melakukan Pemeriksaan Akhir Pipa ERW                             Conducting Final Inspection of ERW Pipes                           14
 17. Melakukan Pemeriksaan Muat (Loading Inspection)                  Conducting Loading Inspection                                         1
 18. Melakukan Pengelasan SMAW                                        Conducting SMAW Welding                                            15
 19. Melakukan Pengendalian Alat Ukur                                 Conducting Measuring Instrument Control                               1
 20. Melakukan Pengerjaan Persiapan Specimen                          Conducting Specimen Preparation                                       8
 21. Melakukan Pengujian Hydrostatic                                  Conducting Hydrostatic Testing                                        1
 22. Melakukan Penyimpanan Pipa di Gudang                             Storing Pipes in the Warehouse                                        5
 23. Melakukan Proses Retur Pelanggan (Customer)                      Processing Customer Returns                                           1
 24. Melakukan Setting Mesin HFW                                      Setting Up HFW Machines                                               1
 25. Mengelola Aset Mesin dan Peralatan                               Managing Machine and Equipment Assets                                 1
 26. Menghitung Upah Lembur                                           Calculating Overtime Pay                                              1
 27. Mengukur Dengan Menggunakan Alat Ukur                            Measuring Using Measuring Instruments                                 8
 28. Merawat, Mendiagnosa, dan Memperbaiki Sistem Mekanik             Maintaining, Diagnosing, and Repairing Mechanical Systems             1
 29. Merawat, Mendiagnosa, dan Memperbaiki Sistem Pneumatik           Maintaining, Diagnosing, and Repairing Pneumatic Systems           32
 30. Pemahaman dan Penerapan Sistem Manajemen Mutu ISO                Understanding and Implementing the ISO 9001 Quality                18
       9001 Versi 2015                                                Management System Version 2015
 31. Pemeliharaan Komponen & Sistem Hidrolik                          Maintenance of Hydraulic Components & Systems                      23
 32. Penerapan 5R di Tempat Kerja                                     Implementation of 5S in the Workplace                              29
 33. Pengenalan Divisi                                                Introduction to Divisions                                          29
 34. Pengendalian Informasi Terdokumentasi                            Documented Information Control                                        1
 35. Pengetahuan dan Pengoperasian Mesin Perkakas Manual              Knowledge and Operation of Manual Machine Tools                       1
 36. Penjelasan Penggunaan GreatDay                                   Explanation of Great Day Use                                       12
 37. Penilaian Resiko & Identifikasi Potensi Bahaya Di Tempat          Risk Assessment & Identification of Potential Hazards in the        17
       Kerja (HIRA)                                                   Workplace (HIRA)
 38. Penjelasan PKB Perusahaan                                        Explanation of Company CLA                                         12
 39. Penjelasan Program Magang                                        Explanation of Internship Programs                                 17
 40. Penjelasan Program STDP (bagi peserta MT)                        STDP Program Explanation (for MT participants)                        8




          kinerja ekonomi              kinerja sosial                  kinerja lingkungan            indeks pojk & standar gri
                                                                  environmental performance                                             6       91
       economic performance         social performance                                               pojk & gri standard index
Page 100
                                     Strengthening                   Advancing
                                     FoundationS Progress                                                          2025 Sustainability Report


     Pelatihan Internal | Internal Training
      No.                                        Pelatihan Khusus / Inti | Core / Specialized Training                  Jumlah Peserta | No. of Participant

      41. Performance Leadership                                                    Performance Leadership                                                 32
      42. Process & Product Knowledge                                               Process & Product Knowledge                                            29
      43. Quality Management System ISO 9001:2015                                   Quality Management System ISO 9001:2015                                     1
      44. Risk Management                                                           Risk Management                                                             6
      45. Root Cause & Analysis Problem Solving                                     Root Cause Analysis & Problem Solving                                       1
      46. Safety Induction                                                          Safety Induction                                                       17
      47. SAP PM                                                                    SAP PM                                                                      2
      48. SAP PS                                                                    SAP PS                                                                      2
      49. SAP QM, MM, PS, PM                                                        SAP QM, MM, PS, PM                                                          1
      50. Sistem Manajemen K3 (OHSMS) ISO 45001 - 2018                              OHSMS ISO 45001-2018                                                   10
      51. Spesifikasi Pipa Perabot                                                   Furniture Pipe Specifications                                                3
      52. Spesifikasi Product ASTM A53:2018                                          ASTM A53:2018 Product Specifications                                         1
      53. Spesifikasi Product ASTM A795:2013                                         ASTM A795:2013 Product Specifications                                        1
      54. Spesifikasi Product SNI 0039:2013                                          SNI 0039:2013 Product Specifications                                         1
      55. Spesifikasi Product SNI 0068:2013                                          SNI 0068:2013 Product Specifications                                         1
      56. Spesifikasi Product SNI 07-0067 (Edisi terakhir)                           SNI 07-0067 Product Specifications (Latest Edition)                          1
      57. Spesifikasi Produk JIS G 3444:2010                                         JIS G 3444:2010 Product Specifications                                       1
      58. Spesifikasi Produk Pipa Konstruksi Mesin SNI 07-0067                       SNI Construction Pipe Product Specifications 07-0067                         2
                                                                                                                                         TOTAL            698




     Pelatihan Eksternal | External Training

      No.                                        Pelatihan Non Manajemen | Non Management Training                      Jumlah Peserta | No. of Participant

      01. Bimbingan Teknis OSS RBA & LKPM (PP 28 & PerBKPM                          Technical Guidance for OSS RBA & LKPM (PP 28 & PerBKPM                      1
            2025)                                                                   2025)
      02. Digital Marketing Accelerated Online Bootcamp                             Digital Marketing Accelerated Online Bootcamp                               2
      03. Free Workshop: Desain Lebih Cepat & Efisien. Tips dan Trik                 Free Workshop: Faster & More Efficient Design. Tips and Tricks               8
            menjadi Profesional CAD                                                 for Becoming a CAD Professional
      04. HR Strategy 4.0: Transforming Administrative HR into                      HR Strategy 4.0: Transforming Administrative HR into                        1
            Delivering Strategy                                                     Delivering Strategy
      05. K3 Ruang Terbatas                                                         K3 Confined Spaces                                                           2
      06. Operasional Pengolahan Air Limbah (OPPA)                                  Wastewater Treatment Operations (OPPA)                                      1
      07. Pelatihan & Sertifikasi Damkar Kelas D                                     Class D Firefighter Training & Certification                                  5
      08. Pelatihan & Sertifikasi Inspector Galvanize                                Galvanizing Inspector Training & Certification                               1
      09. Pelatihan & Sertifikasi Operasional Instalasi Pengendalian                 Air Pollution Control Installation Operations Training &                    2
            Pencemaran Udara (POIPPU)                                               Certification (POIPPU)
      10. Pelatihan & Sertifikasi Operasional Pengolahan Air Limbah                  Wastewater Treatment Operations Training & Certification                     2
            (POPAL)                                                                 (POPAL)
      11. Pelatihan & Sertifikasi Operator Pengolahan Limbah Bahan                   Hazardous and Toxic Waste Treatment Operator Training &                     2
            Berbahaya dan Beracun (OPLB3)                                           Certification (OPLB3)
      12. Pelatihan & Sertifikasi P3K                                                First Aid Training & Certification                                           3
      13. Pelatihan & Sertifikasi SIO Crane Kelas 3                                  Class 3 Crane SIO Training & Certification                                   3
      14. Pelatihan dan Sertifikasi Damkar C                                         Class C Firefighter Training & Certification                                  2
      15. Pelatihan Hukum Nasional                                                  National Legal Training                                                     1



                                  TEntang kami            strategi keberlanjutan                   Profil Perusahaan                tata kelola keberlanjutan
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 No.                                    Pelatihan Non Manajemen | Non Management Training                 Jumlah Peserta | No. of Participant

 16. Pengadaan Tanah untuk Perusahaan: Menangani Aspek               Land Acquisition for Companies: Handling Legal Aspects,                    1
       Hukum, Risiko, dan Sengketanya                                Risks, and Disputes
 17. PT MT Level II                                                  PT MT Level II                                                             1
 18. Resertifikasi Ahli K3 Kebakaran                                  Fire Safety and Health Expert Recertification                               1
 19. Resertifikasi Ahli K3 Umum                                       General Safety and Health Expert Recertification                            1
 20. Resertifikasi AK3 Umum                                           General Safety and Health Expert Recertification                            1
 21. Resertifikasi Operasional Pengolahan Limbah B3 (OPLB3)           Hazardous and Hazardous Waste Processing Operational                       2
 22. Resertifikasi Operasional Pengolahan Air Limbah (OPPA)           Recertification (OPLB3)                                                     2
 23. Resertifikasi Operasional Instalasi Pengendalian Pencemaran Wastewater Processing Operational Recertification (OPPA)                         2
       Udara (OPPU)                                                  Air Pollution Control Installation Operational Recertification (OPPU)
 24. Resertifikasi P3K                                                First Aid Recertification                                                   1
 25. Resertifikasi UT Level II                                        UT Level II Recertification                                                 4
 26. Resertifikasi Welding Inspector                                  Welding Inspector Recertification                                           1
 27. Saving Energy, Improving Flow and Boosting Productivity         Saving Energy, Improving Flow, and Boosting Productivity                   2
 28. Seminar Talent Spark Showcase                                   Talent Spark Showcase Seminar                                              4
 29. Sertifikasi UT Level II                                          UT Level II Certification                                                   2
 30. Siapa Dibalik Korporasi? Mencermati Transparansi Beneficial      Who's Behind the Corporation? Examining Beneficial                          2
       Ownership dan Pengaturannya di Indonesia                      Ownership Transparency and Its Regulations in Indonesia                    2
 31. Technical Performance MT                                        Technical Performance MT
 32. Technical Performance PT                                        Technical Performance PT                                                   2
 33. Technical Performance UT                                        Technical Performance UT                                                   5
 34. Technical Performance NDE Level II MT                           Technical Performance NDE Level II MT                                      2
 35. Technical Performance NDE Level II PT                           Technical Performance NDE Level II PT                                      2
 36. Technical Performance NDE Level II UT                           Technical Performance NDE Level II UT                                      3
       Psikologi dan Komunikasi Dalam Audit (PSIKOM)                 Psychology and Communication in Auditing (PSIKOM)                          5
 37. Tren Terkini dalam Pengelasan & Aplikasinya di Tahun 2025       Current Trends in Welding and Their Applications in 2025                   1
 38. Pelatihan dan Sertifikasi Ahli K3 Kebakaran Kelas A              Class A Fire Safety and Health Expert Training & Certification              2
 39. Sosialisasi Awareness Bahaya Pinjaman Online                    Dissemination of Awareness of the Dangers of Online Loans               30
                                                                                                                           TOTAL            117


Pelatihan Eksternal | External Training

 No.                                    Pelatihan Manajemen | Management Training                         Jumlah Peserta | No. of Participant

 01. Advance TQM (A-TQM) for High Performance Culture and            Advance TQM (A-TQM) for a High-Performance Culture and                     8
       Operational Excellence                                        Operational Excellence
 02. Energy Efficiency, GHG Emissions Footprint Calculation, and      Energy Efficiency, GHG Emissions Footprint Calculation, and                 3
       ESG Financing Solution                                        ESG Financing Solution
 03. How to Achieve Sustainability for the Future Resilience         How to Achieve Sustainability for the Future Resilience through            1
       through Digital Technology                                    Digital Technology
 04. HR Strategy 4.0: Transforming Administrative HR into            HR Strategy 4.0: Transforming Administrative HR into Delivering            1
       Delivering Strategy                                           Strategy
 05. Leadership Game Plan                                            Leadership Game Plan                                                       9
 06. Maintenance Management                                          Maintenance Management                                                     1
 07. Pelatihan & Sertifikasi Damkar Kelas D                           Class D Firefighter Training & Certification                                 2
 08. Pelatihan & Sertifikasi Inspector Galvanize                      Galvanizer Inspector Training & Certification                               1




          kinerja ekonomi              kinerja sosial                  kinerja lingkungan            indeks pojk & standar gri
                                                                  environmental performance                                                 6       93
       economic performance         social performance                                               pojk & gri standard index
Page 102
                                     Strengthening                   Advancing
                                     FoundationS Progress                                                          2025 Sustainability Report

     Pelatihan Eksternal | External Training

      No.                                        Pelatihan Manajemen | Management Training                               Jumlah Peserta | No. of Participant

      09. Pelatihan & Sertifikasi Penanggung Jawab Pengendalian                      Water Pollution Control Personnel Training & Certification                  3
             Pencemaran Air (PPPA)                                                  (PPPA)
      10. Pelatihan & Sertifikasi Penanggung Jawab Pengendalian                      Air Pollution Control Personnel Training & Certification (PPPU)             3
             Pencemaran Udara (PPPU)
      11. Pelatihan & Sertifikasi Pengawasan Pengolahan Limbah B3                    B3 Waste Management and B3 Waste Management                                3
             dan Pengolahan Limbah B3 (PPLB3)                                       Supervision Training & Certification (PPLB3)
      12. Pelatihan dan Sertifikasi Damkar C                                         C-Level Firefighter Training & Certification                                 1
      13. Penanggung Jawab Pengendalian Pencemaran Air (PPPA)                       Water Pollution Control Personnel Training (PPPA)                          1
      14. Psikologi dan Komunikasi Dalam Audit (PSIKOM)                             Psychology and Communication in Auditing (PSIKOM)                          4
      15. Recruitment Summit: Recruitment & Acquisition Strategy in                 Recruitment Summit: Recruitment & Acquisition Strategy in the              2
             The Age of Talent War                                                  Age of Talent War
      16. Resertifikasi AK3 Umum                                                     AK3 Recertification General                                                 2
      17. Resertifikasi Manajer Pengendalian Pencemaran Udara                        Air Pollution Control Manager Recertification (MPPU)                        1
             (MPPU)
      18. Resertifikasi Manajer Pengolahan Limbah B3 (MPLB3)                         B3 Waste Management Manager Recertification (MPLB3)                         1
      19. Resertifikasi Penanggung Jawab Pengendalian Pencemaran                     Water Pollution Control Person Recertification (PPPA)                       1
             Air (PPPA)
      20. Seminar Transformasi Strategi & Restruk Keuangan untuk                    Strategy Transformation & Financial Restructuring Seminar for              1
             Scale Up 10x Lipat                                                     10x Scale-Up
      21. Sertifikasi Ahli K3 Listrik                                                Electrical Safety and Health Expert Certification                           1
      22. Technical Performance UT                                                  UT Technical Performance                                                   1
      23. Training Certified People Analytics                                        Certified People Analytics Training                                         1
      24. Tren Terkini dalam Pengelasan dan Aplikasinya di Tahun                    Latest Trends in Welding and Its Applications in 2025                      2
             2025
      25. UC Signature Partner's Day                                                UC Signature Partner's Day                                                 2
      26. Finance for Non Finance                                                   Finance for Non-Finance                                               24
      27. Pelatihan dan Sertifikasi Ahli K3 Kebakaran Kelas A                        Class A Fire Safety Expert Training and Certification                       1
      28. Ring of Sales                                                             Sales Ring                                                            50
      29. Workshop IPMS                                                             IPMS Workshop                                                        126
      30. Sosialisasi Awareness Bahaya Pinjaman Online                              Online Loan Dangers Awareness Campaign                                46
                                                                                                                                        TOTAL            303



      No.                                        Pelatihan Direksi | Board of Directors Training                         Jumlah Peserta | No. of Participant

      01. Spindo Executive Sharing Session: Inspiring The Next                      Spindo Executive Sharing Session: Inspiring The Next                  71
             Corporate Generation                                                   Corporate Generation
      02. Strengthening Foundations, Advancing Progress                             Strengthening Foundations, Advancing Progress                        135
      03. Transformational Directorship: Purpose, Practice,                         Transformational Directorship: Purpose, Practice,                          1
             Performance, Progress                                                  Performance, Progress
                                                                                                                                        TOTAL            206

     Sepanjang tahun 2025, telah dilakukan 58 pelatihan internal yang                 Throughout 2025, 58 internal training sessions were conducted, with
     diikuti oleh 698 peserta. Perseroan juga melakukan 69 pelatihan                  698 participants. The company also held 77 external training
     eksternal yang diikuti oleh 420 peserta, yang terbagi menjadi 39                 sessions with 543 participants, divided into 41 Non-Management
     Pelatihan Non-Manajemen dan 30 Pelatihan Manajemen.                              and 36 Management training sessions.


     Pelatihan Eksternal bagi Direksi dilakukan sebanyak 3 pelatihan yang             External training for the Board of Directors was conducted in 3
     diikuti oleh 206 peserta.                                                        sessions, with 206 participants.

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Tujuan Program Pelatihan dan Pengembangan di Tahun 2025                Training and Development Program Objectives for 2025
1. Peningkatan kompetensi karyawan melalui pembelajaran                1.   Enhance Employee Competency through continuous learning by
    berkelanjutan. Pengembangan program pelatihan yang lebih                developing more structured and ongoing training programs to
    terstruktur dan berkelanjutan akan meningkatkan kompetensi              improve employees' skills in performing their tasks effectively.
    karyawan dalam menjalankan tugas-tugas karyawan.                   2.   Provide Career Development Opportunities to offer broader
2. Memberi fasilitas pengembangan karir individu untuk                      opportunities for employees to learn and grow through clear
    meningkatkan kesempatan yang lebih luas bagi karyawan untuk             career paths and coaching or mentoring programs.
    belajar dan berkembang, melalui jalur karir yang jelas serta       3.   Increase Employee Loyalty by introducing more targeted training
    program coaching atau mentoring.                                        programs based on individual career paths.
3. Meningkatkan loyalitas karyawan dengan memperkenalkan               4.   Encourage Innovation and Creativity through project-based
    program-program pelatihan yang lebih spesifik berdasarkan jalur          learning focused on cross-departmental collaboration to foster
    karir individu.                                                         creativity and innovation.
4. Mendorong inovasi dan kreativitas melalui pembelajaran              5.   Boost the Company’s Competitiveness by creating training
    berbasis proyek yang ber fokus pada kolaborasi lintas                   programs that focus on skill development relevant to the latest
    departemen untuk mendorong kreativitas dan inovasi.                     industry needs, ensuring the company remains competitive in the
5. Meningkatkan daya saing perusahaan dengan menciptakan                    market.
    program pelatihan yang berfokus pada pengembangan                  6.   Enhance the Company’s Ability to Adapt to rapid changes in the
    keterampilan yang relevan dengan kebutuhan industri terbaru             business environment by providing training on the latest
    akan membantu perusahaan tetap kompetitif di pasar.                     technologies, regulatory changes, and emerging market trends.
6. Meningkatkan kemampuan perusahaan untuk beradaptasi
    dengan perubahan lingkungan bisnis yang cepat dengan
    memberikan pelatihan terkait teknologi terbaru, perubahan
    regulasi, dan tren pasar yang berkembang.




Jam & Biaya Pengembangan Kompetensi Karyawan | Employee Competency Development Hours & Costs [404-1]


                                                                     2025                        2024                           2023


  Biaya [Rp]
  Costs [IDR]
                                                            636.236.000                 870.869.100                   378.725.192


  Jumlah [Jam]
  Total [Hours]                                                 1.416                         6.734                         8.795

Jam pelatihan selama 2025 menurun karena lebih banyak dilakukan        The training hours in 2025 decreased due to a higher emphasis on
sertifikasi untuk memenuhi regulasi yang berlaku. Sehubungan            certification to comply with applicable regulations. Consequently, the
dengan hal tersebut biaya pelatihan dan pengembangan kompetensi        cost of employee training and competency development in 2025
karyawan tahun 2025 meningkat pesat dibandingkan dengan tahun          increased significantly compared to the previous year, primarily due
sebelumnya, karena banyaknya kebutuhan perusahaan dalam                to the company's need to meet regulations through certification
memenuhi regulasi dengan melakukan ser tifikasi seper ti                programs, such as Firefighter Training and Certification or other
pelaksanaan Pelatihan dan Sertifikasi Petugas Pemadam Kebakaran         certifications related to Occupational Health and Safety (K3)
atau sertifikasi yang terkait dengan kebutuhan K3 lainnya.              requirements.


Selain itu perusahaan juga memiliki fokus pengembangan di level        Additionally, the company also focused on development at the
direksi atau manajemen yaitu berupa pengembangan soft skill yang       executive and management levels, particularly in soft skills
membutuhkan nilai investasi lebih besar.                               development, which required a larger investment.


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                                                                environmental performance                                                 6    95
    economic performance             social performance                                             pojk & gri standard index
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     Penghargaan Karyawan Teladan PT SPINDO Tbk Tahun 2025 |
     PT SPINDO Tbk Exemplary Employee Awards 2025

     Filosofi atau Latar Belakang Pelaksanaan Program                              Program Implementation Philosophy or Background
     Sebagai bentuk apresiasi terhadap dedikasi dan kontribusi karyawan,          As a form of appreciation for employee dedication and contributions,
     PT SPINDO Tbk secara rutin menyelenggarakan program Pemilihan                PT SPINDO Tbk regularly conducts the Exemplary Employee
     Karyawan Teladan di tingkat Plant dan nasional. Program ini                  Selection Program at both Plant and national levels. This program
     bertujuan untuk meningkatkan motivasi kerja, menumbuhkan rasa                aims to enhance employee motivation, strengthen the sense of
     memiliki terhadap perusahaan, serta mendorong terciptanya budaya             belonging to the company, and promote a positive and competitive
     kerja yang positif dan kompetitif.                                           work culture.


     Pelaksanaan kegiatan ini didasarkan pada:                                    The implementation of this program is based on the following
     Ÿ   Memorandum Nomor 461/Int/Dir-HRD&GA/XI/2024 tentang                      documents:
         mekanisme program Karyawan Teladan.                                      Ÿ   Memorandum No. 461/Int/Dir-HRD&GA/XI/2024 regarding the
     Ÿ   SK Penetapan Karyawan Teladan 2025 No. 358/SK/Dir/X/2025                     mechanism of the Exemplary Employee Program.
         yang menetapkan para karyawan teladan terpilih di tingkat Plant          Ÿ   Decree No. 358/SK/Dir/X/2025 on the Determination of
         dan nasional.                                                                Exemplary Employees for 2025, which stipulates the selected
                                                                                      exemplary employees at the Plant and national levels.
     SPINDO memberikan penghargaan berupa logam mulia dan
     sertifikat kepada karyawan teladan sebagai bentuk penghargaan                 As a form of recognition for their performance and loyalty, SPINDO
     atas kinerja dan loyalitas mereka.                                           awards exemplary employees with precious metals and certificates.


     Pengumuman resmi mengenai program Pemilihan Karyawan                         The official announcement of the 2025 Exemplary Employee Selection
     Teladan 2025 telah disampaikan kepada seluruh Plant pada bulan               Program was communicated to all Plants in September 2025. The
     September 2025. Proses seleksi dilakukan melalui penilaian kinerja,          selection process involved evaluations of employee performance,
     dedikasi, kontribusi, serta penilaian atasan langsung dan rekan kerja.       dedication, and contributions, as well as assessments from direct
     Setelah melalui tahap verifikasi dan evaluasi oleh tim HRD,                   supervisors and coworkers. Following verification and evaluation by the
     ditetapkanlah 7 karyawan teladan tingkat Plant dan 2 karyawan                HR team, seven exemplary employees at the Plant level and two
     teladan tingkat nasional.                                                    exemplary employees at the national level were selected.


     Adapun daftar penerima penghargaan Karyawan Teladan 2025                     The list of recipients of the 2025 Exemplary Employee Awards is as
     adalah sebagai berikut:                                                      follows:




                                                    Plant               11                                                       Plant               2
                                                Ahmad Syahril Huda                                                      Alvian Rizki Mahesruri




                                                    Plant               3                                                        Plant              4
                                                       Jupri Santoso                                                         M. Afandi Saifullah




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                                                 Plant         5                                                         Plant             6
                                                Nata S. Permana                                               Budiman A. Klistiyanto




                                                                                          KP        KP
                                                                                      Frans A. Ardi




Adapun untuk kategori Karyawan Teladan Nasional, proses seleksi         For the National Exemplary Employee category, the selection process
dilakukan secara lebih lanjut terhadap para kandidat dengan             included an additional stage in which shortlisted candidates delivered
melakukan presentasi langsung di hadapan jajaran Board of Directors     presentations directly to the Board of Directors (BOD). These
(BOD). Presentasi tersebut bertujuan untuk memaparkan kinerja,          presentations highlighted each candidate’s per formance,
kontribusi, serta nilai-nilai keteladanan yang telah diterapkan oleh    contributions, and the exemplary values demonstrated in carrying out
masing-masing kandidat selama menjalankan peran dan tanggung            their roles and responsibilities within the company.
jawabnya di perusahaan.


Melalui tahapan seleksi tambahan ini, perusahaan memastikan             Through this additional evaluation stage, the company ensured that
bahwa karyawan yang terpilih sebagai Karyawan Teladan Nasional          employees selected as National Exemplary Employees met the
memenuhi standar keteladanan dan mampu merepresentasikan                highest standards of excellence and were capable of representing the
nilai-nilai perusahaan di tingkat yang lebih luas.                      company’s values at a broader, national level.


Berdasarkan rangkaian seleksi tersebut, diperoleh Karyawan Teladan      Based on this selection process, the 2025 National Exemplary
Nasional 2025 yaitu:                                                    Employees are as follows:



       Best                                                                                                                         Best
    Employee                                                                                                                      Employee
       2025                                                                                                                         2025




                                           Frans A. Ardi                 Nata S. Permana
                                                       PLANT 5           KP




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                                                                  environmental performance                                                6     97
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     Keselamatan & Kesehatan Kerja (K3)[F2] [403]
     Occupational Safety & Health (OSH)

     SPINDO selalu berkomitmen untuk menyediakan tempat kerja dan                  SPINDO is committed to providing a safe and comfortable workplace
     fasilitas yang aman dan nyaman bagi karyawan agar dapat bekerja               and facilities that enable employees to perform their duties
     dengan baik, selalu menjaga keselamatan dan terhindar dari kejadian           effectively, while maintaining safety and preventing hazardous
     berbahaya. K3 [Keselamatan & Kesehatan Kerja] merupakan kunci                 incidents. Occupational Safety and Health [OSH|K3] is a key pillar
     keberlanjutan Perusahaan. Tanpa adanya K3 akan berdampak pada                 o f t h e Co m p a n y ’s s u st a i n a b i l i t y. W i t h o u t e f fe c t i ve K 3
     banyak hal. Mulai dari sumber daya manusia yang hilang, produksi              implementation, companies may face significant impacts, including
     yang gagal, biaya yang tinggi, hingga dicabutnya izin operasi.                the loss of human resources, production disruptions, high costs, and
                                                                                   even the revocation of operating permits.
     Atas dasar hal tersebut, K3 telah diterapkan secara maksimal di
     seluruh area operasional sehingga diharapkan dapat mencegah                   Based on this commitment, K3 has been optimally implemented
     terjadinya kecelakaan maupun kerugian akibat insiden yang terjadi.            across all operational areas to prevent workplace accidents and
     Rendahnya kecelakaan kerja dan tingkat ketidakhadiran umumnya                 minimize losses resulting from incidents. Low rates of workplace
     dihubungkan dengan tren positif dalam semangat dan produktivitas.             accidents and absenteeism are generally associated with positive
                                                                                   trends in employee morale and productivity.
     Penerapan K3 di lingkungan perusahaan mengacu pada:
     1. Undang-undang No. 1 Tahun 1970 tentang Keselamatan Kerja;                  The description of the policy is as follows:
     2. Undang-undang No. 23 tahun 1992 tentang Kesehatan;                         1. Law No. 1 of 1970 concerning Occupational Safety
     3. Undang-undang No.13 Tahun 2003 tentang Ketenagakerjaan.                    2. Law No. 23 of 1992 concerning Health
                                                                                   3. Law No. 13 of 2003 concerning Manpower
     Penjabaran kebijakan tersebut adalah sebagai berikut: [403-7]
     1. Perseroan menyediakan alat pelindung diri secara cuma–cuma                 Explanation/Elaboration of the policy is as follows: [403-7]
        dan menjamin semua karyawan diwajibkan menggunakan alat                    1. The Company provides free self-protective gear and guarantees
        pelindung diri sesuai dengan jenis pekerjaan yang menjadi                      all employees are obligated to wear them according to their
        tanggung jawabnya karyawan.                                                    respective occupations.
     2. Perseroan melaksanakan pengawasan dan pemeriksaan seluruh                  2. The Company conducts supervision and inspection in all work
        lokasi kerja sebelum karyawan melaksanakan pekerjaan yang                      locations before employees begin to perform their tasks and
        menjadi tugas dan tanggung jawab dari karyawan tersebut.                       duties so that employees will be able to work comfortably and
        Sehingga seluruh karyawan dapat bekerja dengan aman, nyaman,                   free from risk of injuries.
        dan bebas dari risiko cedera.                                              3. The company facilitates employees to carry out periodic health
     3. Perseroan memfasilitasi karyawan untuk melakukan pengecekan                    checks and employees are required to take part in the program.[403-6]
        kesehatan secara berkala dan karyawan wajib mengikuti program              4. The Company always committed to reducing the risk of property
        tersebut.[403-6]                                                               damage through Safety Health and Environment (SHE)
     4. Perseroan selalu berupaya mengurangi kerusakan harta benda                     Training, which mandates all supervisors to conduct safety
        melalui pelatihan Kesehatan, Keselamatan, Keamanan dan                         accountability, routine inspection on all vehicle units and
        Lingkungan Hidup (K3LH), mewajibkan seluruh pengawas untuk                     equipment, and to accommodate emergency response
        melaksanakan safety accountability, melakukan inspeksi terhadap                equipment and to form an emergency response team.
        unit kendaraan dan peralatan secara berkala, serta menyediakan
        peralatan tanggap darurat dan membentuk tim tanggap darurat.




     Komite Keselamatan & Kesehatan Kerja (K3) | Occupational Safety & Health Committee
                                                                                                                                                [403-4]



     Perseroan menetapkan struktur P2K3 [Panitia Pembina                           The Company has established a P2K3 [Occupational Safety and
     Keselamatan dan Kesehatan Kerja] sebagai salah satu upaya dalam               Health Committee] structure as one of the efforts to prevent
     pencegahan gangguan keselamatan dan kesehatan tenaga kerja.                   disruption to the safety and health of the workforce.



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Komite P2K3 dijadikan sebagai wadah kerjasama antara manajemen               The P2K3 Committee is applied as a forum for cooperation between
dan pekerja untuk mengembangkan kerjasama saling pengertian dan              management and workers to develop mutual understanding and
partisipasi efektif dalam penerapan sistem manajemen Keselamatan             effective participation in the implementation of the Occupational
dan Kesehatan Kerja.                                                         Safety and Health management system.




Kinerja Keselamatan & Kesehatan Kerja (K3) | Occupational Safety & Health Performance [403-2]

Perseroan secara berkala melakukan pengukuran untuk performa                 The Company regularly conducts an assessment of OHS
kinerja K3. Dalam melakukan pengukuran tersebut, tingkat                     performance. In this assessment process, the Company classifies the
kecelakaan kerja dikategorikan sebagai berikut:                              level of work accidents as follows:
1.   Berpotensi Celaka: Kejadian tak terduga/tak terencana yang              1. Near miss / Potential Accident: An unexpected/unplanned event
     tidak menimbulkan cidera pada manusia ataupun kerusakan                     that does not cause injury to people or damage to equipment, but
     pada alat, tetapi berpotensi terhadap dampak yang lebih serius.             has the potential to have a more serious impact.
2.   Kecelakaan Ringan: Kecelakaan yang menyebabkan cedera                   2. Minor Accident: An accident that causes injury to the worker so
     pada pekerja sehingga pekerja tidak mampu bekerja selama                    that the worker is unable to work for less than 48 hours.
     kurang dari 48 jam.                                                     3. Moderate Accident: An accident that causes injury to the worker
3.   Kecelakaan Sedang: Kecelakaan yang menyebabkan cedera                       so that he is unable to work more than 48 hours and less than 7
     pada pekerja sehingga tidak mampu bekerja lebih dari 48 jam                 (seven) days.
     dan kurang dari 7 (tujuh) hari.                                         4. Serious Accident: An accident that causes injury to workers that
4.   Kecelakaan Berat: Kecelakaan yang menyebabkan cedera pada                   causes disability or loss of body function, so that they are unable
     pekerja yang menyebabkan cacat atau kehilangan fungsi tubuh,                to work for more than 7 (seven) days.
     sehingga tidak mampu bekerja lebih dari 7 (tujuh) hari.                 5. Fatality: An accident resulting in death or the death of the worker.
5.   Fatalitas: Kecelakaan yang berakibat kematian atau pekerja              6. Property Damage: Accident that results in damage on
     meninggal dunia.                                                            equipment or unit but does not involve injury to the worker.
6.   Kerusakan Properti: Kecelakaan yang berakibat kerusakan
     peralatan atau unit tetapi tidak disertai cedera pada manusia.


Selama tahun 2025, Perseroan mencatat ada beberapa insiden yang              In 2025, the Company recorded a number of incidents involving
dialami karyawan dan pekerja lain. Total jumlah peristiwa kecelakaan         employees and other workers. Total work incidents that occurred are 27
kerja adalah 27 kasus dengan “zero fatality”.                                cases, nevertheless, the Company managed to obtain “Zero Fatality”.


                                                            2023                               2024                                   2025

          Kategori Kecelakaan                     Kantor           Pabrik            Kantor         Pabrik                Kantor         Pabrik
               Category                           Office            Plant             Office          Plant                 Office          Plant

 Berpotensi Celaka | Potentially Accident              -               -                   -             -                     -              -

 Ringan | Minor Injury                                 -              57                   -            53                     -             21

 Sedang | Moderate Injury                              -              11                   -            14                     -              4

 Berat | Major Injury                                  -               6                   -             7                     -              2

 Kematian | Fatality                                   -               -                   -             -                     -              -

 Kerusakan Properti | Property Damage                  -               -                   -             -                     -              -

 Jumlah | Total                                        -              74                   -            74                     -             27



        kinerja ekonomi                   kinerja sosial                    kinerja lingkungan            indeks pojk & standar gri
                                                                       environmental performance                                                  6    99
     economic performance              social performance                                                 pojk & gri standard index
Page 108
                                      Strengthening                   Advancing
                                      FoundationS Progress                                                       2025 Sustainability Report



      Resiko Dalam Bekerja | Occupational Risks [403-9]


      SPINDO dalam operasionalnya memiliki jenis pekerjaan yang                       SPINDO in its operations has a type of work that is classified as
      tergolong memiliki risiko tinggi terhadap K3. Jenis pekerjaan tersebut         having a high risk of OHS. The types of work are:
      adalah:
      1. Pekerjaan di ketinggian                                                     1. Work at height
      2. Pekerjaan panas                                                             2. Work with heat exposure
      3. Pekerjaan dengan bahaya listrik tegangan tinggi                             3. Work with high voltage
      4. Pekerjaan di ruang terbatas                                                 4. Work in confined spaces
      5. Pekerjaan dengan bahaya radiasi                                             5. Work with radiation hazards



              Tingkat dan Jumlah Kecelakaan Kerja Karyawan 2025 | Rate and Number of Employee Accidents in 2025

       Uraian | Description                         Unit 1                Unit 2             Unit 3          Unit 4            Unit 5             Unit 6

       Jumlah Jam Kerja | Total Man-hours             999669              1283043             553373           624205          1426955              566294

       Jumlah Kecelakan Kerja | Total Accidents               11                     0                8                2                 1                   5

       Jumlah Hari Hilang | Total Loss Workdays               10                     0                25               9                 0                   17

       Accident Frequency Rate (AFR)                    11,00                   0,00            14,46                3,20            0,70               8,83

       Accident Severity Rate (ASR)                     10,00                   0,00            45,18             14,42              0,00             30,02

       Near Miss                                               0                     0                 0               0                 0                    0




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Sertifikasi Kompetensi Personil Kebakaran | Firefighting Personnel Competency Certification [403-02,03,04,05]


Sertifikasi Kompetensi Personil Kebakaran Kelas A, B, C, dan D              The Firefighting Personnel Competency Certification for Classes A, B,
adalah program pelatihan yang dirancang untuk meningkatkan                 C, and D is a training program designed to enhance the skills and
kemampuan dan pengetahuan personil kebakaran dalam mengatasi               knowledge of firefighting personnel in addressing fire risks in various
risiko kebakaran di berbagai jenis lingkungan kerja. Sertifikasi ini        work environments. This certification aims to ensure that personnel
bertujuan untuk memastikan bahwa personil yang terlibat dalam              involved in fire suppression have the competencies in line with
penanggulangan kebakaran memiliki kompetensi yang sesuai                   established standards and can perform their duties effectively and
dengan standar yang ditetapkan, serta dapat melaksanakan                   efficiently.
tugasnya dengan efektif dan efisien.


                              Aktivitas                                                     Waktu Pelaksanaan                   Jumlah Peserta
 No.
                              Activity                                                     Implementation Time                 No. of Participant

 1. Sertifikasi Kebakaran Kelas D | Class D Firefighting Role Certification              17 - 19 Februari | February 2025                        6
 2. Sertifikasi Kebakaran Kelas C | Class C Firefighting Team Certification              5 - 10 Mei | May 2025                                   2

Tujuan Sertifikasi                                                          Certification Objectives
Ÿ Meningkatkan Keamanan dan Keselamatan: Memastikan personil               Ÿ Enhancing Security and Safety: Ensuring fire personnel are
 kebakaran terlatih dan siap dalam menghadapi situasi darurat               properly trained and prepared to respond to fire emergencies,
 kebakaran, sehingga dapat mengurangi risiko kerugian dan                   thereby minimizing potential losses and maintaining workplace
 memastikan keselamatan di lingkungan kerja.                                safety.
Ÿ Memenuhi Persyaratan Regulasi: Menjamin perusahaan memenuhi              Ÿ Meeting Regulatory Requirements: Ensuring compliance with
 standar keselamatan kerja yang ditetapkan oleh otoritas terkait.           occupational safety and fire protection standards established by
Ÿ Peningkatan Kualitas Penanggulangan Kebakaran: Meningkatkan               relevant authorities.
 kualitas tim kebakaran dalam menangani kebakaran sesuai dengan            Ÿ Improving Firefighting Quality: Strengthening the capability of fire
 prosedur yang tepat, baik itu dengan menggunakan alat pemadam              response teams to handle fire incidents in accordance with
 api, teknik evakuasi, maupun koordinasi tim.                               established procedures, including the use of fire extinguishers,
Ÿ Pengembangan Kompetensi Berkelanjutan: Menyediakan                        evacuation techniques, and effective team coordination.
 kesempatan bagi personil untuk meningkatkan keterampilan dan              Ÿ Continuous Competency Development: Providing ongoing
 pengetahuan mereka terkait dengan perkembangan teknologi dan               opportunities for personnel to enhance their skills and knowledge
 prosedur penanggulangan kebakaran terbaru.                                 in line with the latest developments in firefighting technology and
                                                                            procedures.
Target Sertifikasi
Ÿ Personil Kebakaran yang bertanggung jawab atas pengendalian              Certification Targets
 kebakaran di Perseroan.                                                   Ÿ Fire personnel responsible for fire prevention and control within the
Ÿ Manajer Keselamatan dan Kesehatan Kerja (K3) perlu memastikan             Company.
 sistem penanggulangan kebakaran berjalan dengan baik.                     Ÿ Occupational Health and Safety (OHS) Managers responsible for
Ÿ Perseroan yang ingin meningkatkan sistem manajemen risiko                 ensuring the effective operation of firefighting systems.
 kebakaran dan memenuhi standar keselamatan yang berlaku.                  Ÿ Companies aiming to strengthen fire risk management systems
                                                                            and comply with applicable safety standards.
Proses Sertifikasi
Proses sertifikasi mencakup pelatihan teori dan praktik, ujian              Certification Process
kompetensi, serta evaluasi langsung terhadap kemampuan personil            The certification process consists of both theoretical and practical
dalam mengaplikasikan prosedur kebakaran secara efektif. Sertifikasi        training, followed by competency assessments and direct evaluations
ini juga mencakup pemahaman tentang penggunaan alat pemadam                of personnel’s ability to apply fire response procedures effectively.
api, prosedur evakuasi, serta penanganan kebakaran sesuai dengan           The program also covers the proper use of fire extinguishers,
skala dan jenis kebakaran.                                                 evacuation procedures, and fire handling techniques based on the
                                                                           scale and type of fire.



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      Dengan sertifikasi ini, Perseroan dapat memastikan bahwa personil        This certification enables the Company to ensure that fire personnel
      kebakaran memiliki pengetahuan dan keterampilan yang dibutuhkan         are competent and professionally equipped to handle fire
      untuk menangani kebakaran secara profesional, serta dapat               emergencies, thereby strengthening the Company’s safety standards
      meningkatkan standar keselamatan dan kinerja Perseroan dalam            and performance in providing a safe working environment.
      menjaga lingkungan kerja yang aman.




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Program Peningkatan Kualitas Kesehatan Karyawan | Promotion of Worker Health Program [403-6]




 SPINDO CUP 2025
SPINDO Cup 2025 merupakan program kegiatan olahraga internal             The SPINDO Cup 2025 is an internal sports program organized by PT
yang diselenggarakan oleh PT SPINDO Tbk sebagai sarana untuk             SPINDO Tbk to strengthen relationships among employees and
mempererat hubungan antar karyawan serta meningkatkan rasa               foster a sense of togetherness and solidarity in the workplace. This
kebersamaan dan solidaritas di lingkungan kerja. Kegiatan ini            initiative forms part of the company’s efforts to build harmonious
dirancang sebagai bagian dari upaya perusahaan dalam membangun           industrial relations and create a healthy, collaborative work
hubungan industrial yang harmonis serta menciptakan suasana kerja        environment.
yang sehat dan kolaboratif.


Program ini berangkat dari kebutuhan akan wadah kebersamaan              The program was initiated in response to the need for a platform that
lintas unit yang tidak hanya bersifat formal, tetapi juga mampu          promotes cross-unit interaction in a setting that is not only formal, but
mendorong interaksi positif antar karyawan. Melalui SPINDO Cup           also encourages positive and engaging connections among employees.
2025, perusahaan berharap nilai sportivitas, kerja sama tim, dan         Through the SPINDO Cup 2025, the company aims to cultivate the
semangat kebersamaan dapat tumbuh dan berdampak positif                  values of sportsmanship, teamwork, and unity, which are expected to
terhadap produktivitas serta loyalitas karyawan.                         have a positive impact on employee productivity and loyalty.




Pelaksanaan SPINDO Cup 2025 diawali dengan penyusunan                    The implementation of the SPINDO Cup 2025 began with the
perencanaan kegiatan sebagaimana tercantum dalam proposal yang           preparation of an activity plan as outlined in the proposal submitted to
telah diajukan dan disetujui oleh manajemen. Panitia pelaksana           and approved by management. An organizing committee was then
dibentuk dengan melibatkan perwakilan dari berbagai unit kerja untuk     formed, consisting of representatives from various work units, to
memastikan kegiatan dapat berjalan secara terkoordinasi dan optimal.     ensure that all activities were carried out smoothly and effectively.


Setelah perencanaan matang, panitia melakukan sosialisasi kepada         Following the planning phase, the committee conducted outreach to
seluruh unit kerja terkait rangkaian kegiatan dan cabang olahraga        all work units regarding the series of events and sports to be
yang akan dipertandingkan. Cabang olahraga dalam SPINDO Cup              contested. The sports included in the SPINDO Cup 2025 were futsal,
2025 meliputi futsal, voli, badminton, e-sports, dan tenis meja yang     volleyball, badminton, e -spor ts, and table tennis, with
diikuti oleh perwakilan dari masing-masing unit sesuai dengan            representatives from each unit participating in accordance with the
ketentuan yang telah ditetapkan.                                         established rules and regulations.


Opening ceremony dilaksanakan pada 26 Oktober 2025, bertepatan           The opening ceremony was held on October 26, 2025, coinciding
dengan pertandingan futsal, dan secara resmi dibuka oleh Bapak           with the futsal matches, and was officially opened by Mr. Tedja
Tedja Sukmana. Pertandingan voli dilaksanakan pada 2 November,           Sukmana. Volleyball matches took place on November 2, badminton
Badminton pada 9 November, E-Sport 16 dan 23 November, serta             on November 9, e-sports on November 16 and 23, and table tennis
tenis meja pada 30 November 2025.                                        on November 30, 2025.



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      Rangkaian pertandingan dilaksanakan sesuai jadwal yang telah              The series of matches was conducted in accordance with the
      direncanakan dalam proposal. Seluruh kegiatan berlangsung dengan          schedule outlined in the proposal. All activities ran smoothly and
      tertib dan menjunjung tinggi nilai sportivitas. Antusiasme peserta        upheld the principles of sportsmanship. The participants’ enthusiasm
      terlihat sejak awal pelaksanaan hingga berakhirnya seluruh                was evident from the beginning to the end of the tournament,
      rangkaian pertandingan, mencerminkan tingginya partisipasi dan            reflecting a high level of employee participation and strong support
      dukungan karyawan terhadap program ini.                                   for the program.


      Adapun daftar pemenang SPINDO Cup 2025 adalah sebagai berikut:            The list of SPINDO Cup 2025 winners is as follows:

      Pemenang Grup SPINDO Cup 2025 | SPINDO Cup 2025 Group Winners

       Pertandingan | Competition                      Juara 1 | 1st Winner               Juara 2 | 2nd Winner           Juara 3 | 3rd Winner

       Futsal | Futsal                             Kantor Pusat | Head Office                       Plant 4                      Plant 5

       Voli | Volleyball                                       Plant 5                             Plant 6                      Plant 2

       Badminton Putra | Men’s Badminton                       Plant1                              Plant 4                      Plant 1

       Badminton Putri | Women’s Badminton           SPINDO Jakarta Office                          Plant 5            Kantor Pusat | Head Office

       E-sports                                    Kantor Pusat | Head Office                       Plant 5                      Plant 6

       Tenis Meja                                              Plant 1                             Plant 4              SPINDO Jakarta Office




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Pengembangan Masyarakat [F.23, F25][202, 204, 413]
Community Development


Masyarakat adalah salah satu elemen penting dalam mendukung              The community is one of the key elements in supporting the
kesinambungan dan kelancaran operasi. Hal ini tidak lepas dari           continuity and smooth operation of the company. This is inseparable
dampak yang mungkin timbul akibat aktivitas Perusahaan, baik             from the potential impacts that may arise from the company’s
dampak lingkungan, ekonomi, maupun sosial budaya. Tanpa                  activities, whether environmental, economic, or socio-cultural.
dukungan dari masyarakat, kami akan menghadapi banyak kendala            Without the support of the community, we would face many
dalam mencapai tujuan.                                                   obstacles in achieving our objectives.


SPINDO melakukan upaya pengelolaan hubungan kemasyarakatan               SPINDO manages community relations by conducting social
dengan cara melakukan pemetaan sosial. Dalam tahap ini, kami             mapping. In this phase, we collaborate with local leaders and
bekerjasama dengan pimpinan dan tokoh masyarakat setempat di             community figures around the operational areas. Subsequently, we
sekitar wilayah operasional. Selanjutnya, pendekatan program             implement a program approach with the aim of maximizing
dilakukan dengan tujuan pelibatan maksimal masyarakat sekitar            community involvement to support smooth operations.
guna mendukung kelancaran operasional.


Pelibatan aktif masyarakat dalam mendukung operasional dilakukan         Active community involvement in supporting operations is carried out
dengan berbagai bentuk, diantaranya adalah menjadikan masyarakat         in various forms, including hiring local community members as
sekitar sebagai karyawan serta menjadikannya sebagai mitra kerja         employees and engaging them as supporting business partners,
pendukung, seperti kontraktor dan vendor. [F.23]                         such as contractors and vendors.[F.23]


Upaya penilaian dampak operasi terhadap kondisi lingkungan dan           The effort to assess the impact of operations on the environment and
sosial masyarakat lokal dijalankan secara simultan oleh Perusahaan       local social conditions is conducted simultaneously by the company in
sesuai dengan regulasi. Efektifitas penanganan dampak operasi             accordance with regulations. The effectiveness of handling
terhadap masyarakat dilakukan secara periodik untuk mendapatkan          operational impacts on the community is carried out periodically to
hasil pengukuran yang akurat dan netral.  [F.25]
                                                                         obtain accurate and neutral measurement results. [F.25]


Operasional Perseroan mengacu dan mematuhi baku mutu yang                The company’s operations refer to and comply with the established
telah ditetapkan. Pengukuran dampak operasional ini dilakukan            quality standards. The measurement of operational impacts is
secara berkala agar dampak operasional dapat terus terukur dan           conducted regularly to ensure that the impacts remain measurable
terkendali. Upaya ini dilakukan guna meminimalisir dampak terhadap       and controllable. This effort is aimed at minimizing the impact on the
lingkungan dan masyarakat. [F.25]                                        environment and the community. [F.25]




Pelaksanaan Inisiatif Pengembangan Sosial dan Kemasyarakatan |
Implementation of Social and Community Development Initiatives Initiatives [F.23][202-2,204-1]

1.   Penggunaan Tenaga Kerja Lokal [202-2]                               1. Use of Local Workforce [202-2]
     Setiap pelaksanaan pengembangan sosial dan kemasyarakatan,              In the implementation of social and societal development, the
     Perseroan senantiasa mengupayakan memilliki peran dan                   Company always seeks to acquire the role and contribution from
     kontribusi dari para pekerja lokal yang direkrut oleh Perseroan.        the local workers recruited by the Company. This program is
     Program ini dinilai memberikan dampak positif guna mendukung            considered will give a positive impact that will render support to




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            program Pemerintah dalam mengurangi angka pengangguran.                     the Government’s program to reduce unemployment rate. The
            Perseroan memberi kesempatan kepada para pekerja lokal untuk                Company provides opportunities for local workers to develop
            mengembangkan kemampuannya dan menduduki jabatan                            their capabilities and occupy important positions without
            penting tanpa diskriminasi, hal ini telah dijelaskan pada halaman           discrimination, this has been explained on page 84, this chapter.
            84, bab ini.


      2.    Pemasok Lokal [204-1]                                                   2. Local Supplier [204-1]
            SPINDO memiliki banyak lokasi produksi Perusahaan yang                      SPINDO has multiple production locations spread across various
            tersebar di sejumlah wilayah di Indonesia. Wilayah operasional              regions in Indonesia. SPINDO's operational areas include
            SPINDO mencakup Surabaya [Jawa Timur], Cikupa-Tangerang                     Surabaya [East Java], Cikupa-Tangerang Banten, Cilegon-
            Banten, Cilegon-Banten, DKI Jakarta, Bandung [Jawa Barat],                  Banten, DKI Jakarta, Bandung [West Java], Makassar [South
            Makasar [Sulawesi Selatan] dan Samarinda [Kalimantan Timur].                Sulawesi], and Samarinda [East Kalimantan]. In its operations,
            Dalam operasionalnya, SPINDO selalu mengoptimalkan dan                      SPINDO always optimizes and prioritizes local suppliers to
            mengutamakan pemasok lokal guna mendukung jalannya                          support the running of operations, especially suppliers that are
            operasi, khususnya pemasok yang memang sudah tersedia di                    already available in the operational areas.
            lokasi tempat operasional berlangsung.




           Jumlah Pemasok Lokal Berdasarkan Lokasi [2025] | Total Local Suppliers based on Location [2025]

       Wilayah Operasional | Area of Operation             Jumlah Pemasok | Total Supplier                      Layanan | Services


       Surabaya, Jawa Timur | Surabaya, East Java                           189        Jasa | Services
       Surabaya, Jawa Timur | Surabaya, East Java                           199        Barang | Goods
       Surabaya, Jawa Timur | Surabaya, East Java                            18        Barang & Jasa | Goods & Services
       Samarinda, Kalimantan Timur | Samarinda, East Kalimantan               2        Barang, Jasa, Barang & Jasa | Goods, Services, Goods & Services
       Makassar, Sulawesi Selatan | Makassar, South Sulawesi                  2        Barang, Jasa, Barang & Jasa | Goods, Services, Goods & Services
       Jakarta & Jawa Barat | Jakarta & West Java                            80        Barang, Jasa, Barang & Jasa | Goods, Services, Goods & Services




      Kegiatan Tanggung Jawab Sosial Perusahaan (CSR) |
      Corporate Social Responsibility (CSR) Activities [102-42, 102-43, 413-1, 413-2]

      Kegiatan Tanggung Jawab Sosial Perusahaan (CSR) Perseroan                     The Company's Corporate Social Responsibility (CSR) activities are
      terbagi menjadi “Iuran Rutin Dana Kemasyarakatan” dan “Dana                   divided into “Regular Community Contributions Fees” and
      Program Pengembangan Masyarakat”. Perseroan mengelompokkan                    “Community Development Program Funds”. The Company classifies
      masyarakat pemangku kepentingan sesuai dengan intensitas                      the community of stakeholders according to the intensity of the
      terdampaknya.                                                                 impact.




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Program Dana Pengembangan Masyarakat disalurkan dalam 4                    The Community Development Fund Program is channeled into 4
(empat) bidang utama, yaitu :                                              (four) main areas, such as:
1. Kontribusi kepada komunitas                                             1. Contribution to the Community
2. Amal / Santunan                                                         2. Donations / Charity
3. Sponsorship                                                             3. Grant
4. Pembangunan infrastruktur.                                              4. Infrastructure Development
Keempat bidang ini diasumsikan dapat memenuhi kebutuhan                    These four areas are assumed to be able to meet the needs of the
masyarakat sekitar wilayah operasional, sesuai dengan                      surrounding communities according to the classification of
pengelompokan pemangku kepentingan yang telah dilakukan                    stakeholders.
sebelumnya.


Metode ini diharapkan dapat menjawab tantangan di masa depan               This method is expected to be able to answer the challenges in the
tentang proses transformasi masyarakat menjadi mandiri sesuai              future of transforming the Community to become independent in line
dengan Tujuan Pembangunan Berkelanjutan (Sustainable                       with the Sustainable Development Goals (SDGs).
Development Goals / SDGs).




 Dana CSR per bulan | CSR funds per month                                          2025                         2024                        2023

 Januari | January                                                             Rp 2.906.353              Rp 106.939.074               Rp 82.399.440
 Februari | February                                                          Rp 26.973.153               Rp 35.428.235                 Rp 647.500
 Maret | March                                                               Rp 113.517.249               Rp 29.162.900                Rp 3.480.000
 April | April                                                                Rp 16.500.000              Rp 124.605.460               Rp 88.640.900
 Mei | May                                                                    Rp 47.856.699              Rp 184.319.156               Rp 33.307.595
 Juni | June                                                                 Rp 148.422.975               Rp 29.600.023               Rp 27.373.860
 Juli | July                                                                  Rp 49.103.547               Rp 17.162.900               Rp 95.738.962
 Agustus | August                                                             Rp 20.128.673               Rp 83.107.974               Rp 11.116.000
 September | September                                                         Rp 2.292.388               Rp 41.948.105               Rp 17.095.720
 Oktober | October                                                             Rp 9.783.982               Rp 30.648.390               Rp 26.264.160
 November | November                                                             Rp 500.000               Rp 19.558.736                Rp 6.668.000
 Desember | December                                                         Rp 162.510.544               Rp 37.238.770                 Rp 500.000
 TOTAL                                                                      Rp 600.495.563               Rp 739.719.723           Rp 393.232.137



 Iuran Dana Kemasyarakatan | Community Contribution                                2025                         2024                        2023

 Iuran rutin yang dilakukan setiap bulan dari dana kantor & pabrik             285.810.504                  205.954.800                180.300.000
 Routine contributions made every month from office & factory funds



 Total dana CSR | CSR Total                                                        2025                         2024                        2023

                                                                               886.306.067                  599.186.973                573.532.137




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      Tanggung Jawab Sosial Perusahaan tahun 2025 | Corporate Social Responsibility (CSR) Programs in 2025

                                    Pemberdayaan /              Kontribusi Kepada             Amal /                                   Pembangunan
      CSR per bulan            Pengembangan Masyarakat             Komunitas                Santunan             Sponsorship            Infrastruktur
      CSRper month             Community Empowerment /           Contribution to            Donations /             Grant               Infrastructure
                                     Development                   Community                 Charity                                    Development

      Januari | January                           -                 Rp 1.000.000                          -                 -          Rp 1.906.353
      Februari | February                         -                               -                       -                 -         Rp 26.973.153
      Maret | March                               -              Rp 111.201.600               Rp 500.000                    -          Rp 1.815.649
      April | April                               -                               -       Rp 16.500.000                     -                          -
      Mei | May                                   -               Rp 44.500.000                           -                 -          Rp 3.356.699
      Juni | June                                 -                               -                       -                 -       Rp 148.422.975
      Juli | July                                 -                 Rp 2.000.000                          -                 -         Rp 47.103.547
      Agustus | August                            -                 Rp 2.800.000                          -      Rp 500.000           Rp 16.828.673
      September | September                       -                               -                       -                 -          Rp 2.292.388
      Oktober | October                           -                               -                       -                 -          Rp 9.783.982
      November | November                         -                   Rp 500.000                          -                 -                          -
      Desember | December               Rp 816.727                    Rp 300.000                          -                 -       Rp 161.393.817
      TOTAL                             Rp 816.727               Rp162.301.600            Rp 17.000.000          Rp 500.000         Rp 419.877.236



      Total Dana Program Pengembangan Masyarakat (CSR) tahun 2025 |                                                                 Rp 600.495.563
      Total Community Development Program (CSR) Funds in 2025
      Total Iuran Rutin Dana Kemasyarakatan per bulan | Total Monthly Contribution to Community                                     Rp 285.810.504
                                                                                                                                    Rp 886.306.067
      TOTAL


      Sepanjang tahun 2025, Perseroan telah melakukan serangkaian               Throughout 2025, the Company has implemented corporate social
      kegiatan tanggung jawab sosial perusahaan (CSR) yang sejalan              responsibility (CSR) activities that are in line with the Sustainable
      dengan Tujuan Pembangunan Berkelanjutan (Sustainable                      Development Goals / SDGs) in Indonesia. This was taken as part of
      Development Goals / SDGs) di Indonesia. Hal tersebut dilakukan            the Company’s care and positive contribution to the communities
      sebagai bentuk kepedulian dan kontribusi positif Perseroan kepada         around its operational areas.
      masyarakat di sekitar wilayah operasionalnya.




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                                         SPINDO
            Pembangunan Infrastruktur Air Bersih di Desa Bulu, Gunungkidul
            Clean Water Infrastructure Development Program in Bulu Village, Gunungkidul Regency

Pada Juni 2025, SPINDO kembali mengadakan program CSR                   In June 2025, SPINDO once again implemented the “SPINDO Peduli”
Tematik “SPINDO Peduli”. Pemilihan lokasi pelaksanaan program           thematic CSR program. This year, Padukahan Bulu in Karangmojo
CSR di Padukahan Bulu, Kecamatan Karangmojo, Kabupaten                  District, Gunungkidul Regency, was selected as the program location.
Gunungkidul karena wilayah ini selalu mengalami kekeringan pada         The area regularly experiences drought during the dry season,
musim kemarau sehingga tidak adanya akses air bersih yang               resulting in limited access to clean water for the local community.The
memadai. Pemilihan Padukahan Bulu didasarkan atas pertimbangan          selection of Padukahan Bulu was based on the community’s urgent
kebutuhan nyata masyarakat akan infrastruktur air bersih serta          need for clean water infrastructure, as well as coordination with the
koordinasi dengan Dinas SDA PUPR Kabupaten Gunungkidul yang             Gunungkidul Regency Water Resources and Public Works Agency
menyatakan lokasi ini sebagai salah satu prioritas pembangunan.         (PUPR), which has designated the area as a development priority.




Pembangunan Infrastruktur Air Bersih di Desa Bulu, Gunungkidul
Clean Water Infrastructure Development Program in Bulu Village, Gunungkidul Regency
Proyek CSR ini berupa pembangunan saluran pipa air bersih               This CSR project involved the construction of an almost 1-kilometer
sepanjang hampir 1 kilometer yang menghubungkan sumber air dari         clean water pipeline, connecting a drilled well to the local residential
sumur bor ke area permukiman warga. SPINDO mendukung penuh              area. SPINDO fully supported the initiative by donating 1.5-inch and
proyek ini dengan menyumbangkan pipa baja SNI 0039 galvanis             2-inch diameter thin-grade galvanized steel pipes (SNI 0039)
kelas tipis/LGH berdiameter 1.5 inci dan 2 inci dengan panjang          measuring 6 meters in length, along with necessary accessories, two
masing-masing 6 meter, serta aksesori pelengkap, dua unit toren air     5,500-liter water towers, and a two-phase, 60-pound head pump. All
berkapasitas 5.500 liter, dan satu unit pompa 1-phase 2PK Head 60.      materials provided were SPINDO’s premium products, compliant
Seluruh material menggunakan produk unggulan SPINDO yang telah          with Indonesian National Standards (SNI), ensuring the durability and
sesuai dengan Standar Nasional Indonesia (SNI), memastikan              quality of the water infrastructure.
ketahanan dan kualitas infrastruktur air yang dibangun.


Pekerjaan infrastruktur ini dilaksanakan sepanjang bulan Mei 2025       The construction took place throughout May 2025, culminating in the
dengan peresmian diadakan pada 11 Juni 2025. Proses                     official inauguration on June 11, 2025. The project was executed
pembangunan dilakukan melalui kolaborasi antara tim eksternal           through a collaborative effort involving SPINDO’s external team, the
SPINDO, Dinas PUPR Kabupaten Gunungkidul, dan Aparat Desa,              Gunungkidul Regency Public Works and Public Housing Agency,
serta masyarakat secara gotong royong.                                  village officials, and local community members.

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      Program ini merupakan wujud nyata dari visi SPINDO dalam                     This program is a tangible expression of SPINDO’s vision to improve
      mendukung peningkatan kualitas hidup masyarakat melalui                      the quality of life in the community by providing access to essential
      penyediaan akses terhadap fasilitas dasar yang layak, dalam hal ini          basic facilities, in this case, clean water. It aligns with the United
      adalah air bersih. Hal ini sejalan dengan Tujuan Pembangunan                 Nations Sustainable Development Goal (SDG) 6: Clean Water and
      Keberlanjutan (SDG) nomor 6 oleh Perserikatan Bangsa-Bangsa                  Sanitation. Adequate access to clean water is expected to have a
      yaitu Air Bersih dan Sanitasi yang Layak. Ketersediaan air bersih yang       direct positive impact on the health, productivity, and overall well-
      memadai diharapkan dapat berdampak langsung pada kesehatan,                  being of the residents of Padukahan Bulu.“The company remains
      produktivitas, dan kesejahteraan warga Padukahan Bulu.                       committed to implementing thematic CSR initiatives. As a steel pipe
      "Perusahaan terus berkomitmen melakukan CSR yang bersifat                    manufacturer, we will continue to seek opportunities where our
      tematik. Sebagai produsen pipa baja kami akan terus mencari potensi          products can enhance the lives of communities, in line with the
      di mana produk kami dapat membantu kehidupan masyarakat,                     Company’s vision and mission,” said Nico Gunawan, SPINDO’s
      sejalan dengan visi misi Perusahaan" ujar Nico Gunawan selaku                Operational Director.
      Direktur Operasional SPINDO.




                    Pipanisasi Air Bersih di Dusun Undakan, Kabupaten Wonosobo
                    Clean Water Pipeline Infrastructure in Undakan Hamlet, Wonosobo Regency




      Pipanisasi Air Bersih di Dusun Undakan, Kabupaten Wonosobo Diresmikan oleh Bupati Kabupaten Wonosobo
      Clean Water Pipeline in Dusun Undakan , Wonosobo Regency, Inaugurated by the Regent of Wonosobo Regency
      SPINDO menyelenggarakan program Tanggung Jawab Sosial                        SPINDO implemented a thematic Corporate Social Responsibility
      Perusahaan (CSR) tematik bertajuk “SPINDO Peduli”, yang                      (CSR) program entitled “SPINDO Cares,” which was inaugurated by
      diresmikan oleh Bupati Kabupaten Wonosobo, Bapak Afif                         the Regent of Wonosobo Regency, Mr. Afif Nurhidayat. The program
      Nurhidayat. Program ini berlokasi di Dusun Undakan, Desa                     was carried out in Undakan Hamlet, Tempurejo Village, Kalibawang
      Tempurejo, Kecamatan Kalibawang, Kabupaten Wonosobo, Jawa                    District, Wonosobo Regency, Central Java, and involved the
      Tengah dengan wujud pembangunan reservoir penampungan air                    construction of a water reservoir and a clean water pipeline network.
      dan jaringan perpipaan air bersih.


      Dusun Undakan sebelumnya telah memiliki sumur bor, namun belum               Previously, the community relied on a drilled well, which could not be
      dapat dimanfaatkan secara optimal karena kualitas air yang keruh,            fully utilized due to poor water quality, sulfur content, and low flow. A
      mengandung belerang, serta memiliki debit air yang rendah. Di sisi           natural spring located approximately 850 meters from the residential
      lain, terdapat sumber mata air alami yang berjarak sekitar 850 meter         area remained unused due to an ineffective distribution system.
      dari permukiman warga, namun tidak lagi digunakan akibat sistem
      penyaluran yang tidak efektif.




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Bupati Kabupaten Wonosobo, Bapak Afif Nurhidayat (kanan), bersama Komisaris Utama SPINDO, Bapak Makmur
Widjaja (kiri) pada peresmian program CSR SPINDO Peduli di Dusun Undakan, Kabupaten Wonosobo, Jawa Tengah.
The Regent of Wonosobo Regency, Mr. Afif Nurhidayat (right), with SPINDO’s President Commissioner, Mr. Makmur Widjaja,
(left) during the inauguration of the SPINDO Peduli CSR program in Undakan Hamlet, Wonosobo Regency, Central Java.

Melalui kerja sama dengan masyarakat setempat, pemerintah desa,           In collaboration with the local community, the village government,
serta Dinas Pekerjaan Umum dan Perumahan Rakyat Kabupaten                 and the Wonosobo Regency Public Works and Housing Agency,
Wonosobo, SPINDO membangun kembali sistem penyaluran air bersih           SPINDO rehabilitated the clean water distribution system sourced
dari sumber mata air alami tersebut. Air kemudian dipompa ke reservoir    from the natural spring. Water is now pumped into the reservoir and
penampungan untuk selanjutnya didistribusikan ke rumah-rumah              distributed to residents’ homes, ensuring reliable access to clean and
warga. Dalam program ini, SPINDO menyalurkan bantuan berupa pipa          safe water. In this program, SPINDO provided assistance in the form
air sepanjang kurang lebih 850 hingga 1.050 meter, reservoir              of approximately 850 to 1,050 meters of water pipes, a water storage
penampungan air, serta material pendukung lainnya. Seluruh material       reservoir, and other supporting materials. All materials used were
yang digunakan merupakan produk unggulan SPINDO yang telah                SPINDO’s flagship products that comply with the Indonesian
memenuhi Standar Nasional Indonesia (SNI), sehingga menjamin              National Standard (SNI), ensuring the durability and quality of the
ketahanan dan kualitas infrastruktur air yang dibangun.                   water infrastructure constructed.


Pekerjaan infrastruktur ini dilaksanakan pada periode November            The infrastructure development was carried out from November to
hingga Desember 2025. Peresmian fasilitas dilakukan oleh                  December 2025. The facility was officially inaugurated by the
Pemerintah Kabupaten Wonosobo dan dihadiri oleh warga Dusun               Wonosobo Regency Government and attended by residents of
Undakan, Kepala Desa, serta jajaran manajemen SPINDO.                     Dusun Undakan, the Village Head, and members of SPINDO’s
                                                                          management.
Program ini merupakan wujud nyata komitmen SPINDO dalam
mendukung peningkatan kualitas hidup masyarakat melalui                   This program represents SPINDO’s tangible commitment to
penyediaan akses terhadap fasilitas dasar yang layak, khususnya air       improving community quality of life by providing access to essential
bersih. Inisiatif ini sejalan dengan Tujuan Pembangunan                   facilities, particularly clean water. The initiative aligns with the United
Berkelanjutan (Sustainable Development Goals/SDGs) nomor 6 yang           Nations’ Sustainable Development Goals (SDGs), specifically Goal 6:
dicanangkan oleh Perserikatan Bangsa-Bangsa, yaitu Air Bersih dan         Clean Water and Sanitation. Adequate access to clean water is
Sanitasi Layak. Ketersediaan air bersih yang memadai diharapkan           expected to have a positive impact on public health, productivity, and
dapat memberikan dampak positif terhadap kesehatan,                       overall community well-being.
produktivitas, dan kesejahteraan masyarakat.



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Program Vokasi Industri untuk Peningkatan Ketrampilan bagi Pelajar / Mahasiswa |
Industrial Vocational Programs for Skills Improvement for Students [404-2]

Sebagai langkah berkontribusi terhadap masyarakat, SPINDO                     As part of its commitment to contributing to society, SPINDO runs an
menjalankan program Vokasi Industri dengan tujuan mendukung                   Industrial Vocational Program aimed at helping the community
masyarakat mempersiapkan diri dalam menghadapi dunia kerja                    prepare for the real world of work. The program is implemented in two
sesungguhnya. Penerapan program vokasi industri di SPINDO                     forms: Internships and Industrial Work Practice (Prakerin).
terbagi menjadi dua, yaitu Pemagangan Kerja dan Praktik Kerja
Industri (Prakerin).


Tujuan dan Manfaat                                                            Objectives and Benefits
1.    Bagi Industri:                                                          1.   For Industry:
      n   Mendapatkan tenaga kerja yang kompeten dan sesuai                        n   Access to a competent workforce that meets industry
          dengan kebutuhan.                                                            requirements.
      n   Efisiensi biaya dan waktu dalam merekrut SDM, terutama di                 n   Greater efficiency in terms of time and cost in recruiting
          daerah terpencil.                                                            human resources, particularly in remote areas.
2.    Bagi Sekolah:                                                           2.   For Schools:
      n   Kurikulum yang lebih relevan dengan kebutuhan industri.                  n   A curriculum more aligned with industry needs.Stronger
      n   Terjalinnya hubungan yang baik antara sekolah dan industri.                  collaboration and relationships between schools and industry.
3.    Bagi Siswa:                                                             3.   For Students:
      n   Peluang kerja yang sesuai dengan minat dan bakat.                        n   Job opportunities that match their interests and talents.
      n   Penguasaan teori dan praktik yang dapat langsung                         n   Hands-on experience and mastery of both theory and
          diterapkan di dunia kerja.                                                   practice that can be directly applied in the workplace.


Pentingnya Program Vokasi Industri                                            Importance of the Industrial Vocational Program
Ÿ    Bonus Demografi; Indonesia diprediksi akan mengalami bonus                Ÿ    Demographic Bonus; Indonesia is expected to experience a
     demografi dalam 10 tahun ke depan, di mana jumlah penduduk                     demographic bonus in the next ten years, with a growing
     usia produktif akan meningkat. Program ini ber tujuan                         productive-age population. This program seeks to seize this
     memanfaatkan peluang ini dengan mempersiapkan generasi siap                   opportunity by preparing a generation that is ready for the
     kerja.                                                                        workforce.
Ÿ    Pengurangan Pengangguran; Program ini diharapkan dapat                   Ÿ    Reducing Unemployment; The program is designed to reduce
     mengurangi angka pengangguran, khususnya di kalangan                          unemployment, especially among vocational high school
     lulusan SMK, dengan menyediakan SDM yang siap bersaing di                     graduates, by providing human resources equipped to compete in
     pasar global.                                                                 the global labor market.


Program Magang ditujukan bagi fresh graduate atau pencari kerja               The Internship Program targets fresh graduates or job seekers who
yang belum memiliki pengalaman kerja, dengan syarat sudah lulus               lack work experience, provided they have completed their education.
dari pendidikan. Program ini diatur berdasarkan Peraturan Menteri             The program is governed by Minister of Manpower Regulation No. 6
Ketenagakerjaan Nomor 6 Tahun 2020 tentang Penyelenggaraan                    of 2020 on the Implementation of Internships, under the supervision
Pemagangan oleh Kementerian Ketenagakerjaan (Kemnaker)                        of the Ministry of Manpower (Kemnaker).To effectively support the
sebagai lembaga yang bertanggung jawab atas program ini. Untuk                internship program, participating companies must have a structured
mendukung berlangsungnya program pemagangan perusahaan                        scheme to guide interns. This scheme is developed with reference to
setidaknya perlu memiliki skema yang dapat dijadikan panduan bagi             the Indonesian National Work Competency Standards (SKKNI),
para peserta magang. Skema tersebut disusun mengacu pada                      Special Work Competency Standards (SKKK), and International Work
Standar Kompetensi Kerja Nasional Indonesia (SKKNI), Standar                  Competency Standards (SKKI), while being tailored to the specific
Kompetensi Kerja Khusus (SKKK), Standar Kompetensi Kerja                      needs of the industry.Additionally, the internship program requires a
Internasional (SKKI), dan disesuaikan dengan kebutuhan industri.              formal agreement between the company and the intern. The contents
Selain itu, pelaksanaan ini melibatkan perjanjian antara perusahaan           of this internship agreement are also regulated under Minister of
dengan peserta magang. Hal-hal yang harus dimuat dalam perjanjian             Manpower Regulation No. 6 of 2020.
magang telah diatur dalam Permenaker Nomor 6 Tahun 2020.

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      SPINDO secara resmi telah mendaftarkan kegiatan pemagangan kerja kepada           SPINDO has officially registered its Internship Program with the
      Kemnaker. Nomor Izin Pemagangan yang dikeluarkan oleh Kementerian                 Ministry of Manpower. The Internship Permit issued by the Ministry
      Ketenagakerjaan (Kemnaker) adalah B-2/3650/LP.03.00/IX/2021, dengan               (Kemnaker) is B-2/3650/LP.03.00/IX/2021, dated September 8,
      tanggal izin yang diterbitkan pada 8 September 2011. Izin ini mencakup            2011. This permit covers several internship positions recognized by
      beberapajabatanpemaganganyangdiakuiolehKemnaker,antaralain:                       the Ministry, including:
      1.         Operator Produksi,                                                     Production Operator
      2.         Operator Pemeliharaan,                                                 Maintenance Operator
      3.         Operator Pengelasan,                                                   Welding Operator
      4.         Operator Quality Control, dan                                          Quality Control Operator
      5.         Operator Gudang.                                                       Warehouse Operator


      Durasi pelaksanaan program magang yaitu maksimal selama 12                        The maximum duration of the internship program is 12 months.
      bulan. Peserta magang akan menerima uang saku yang besarnya                       Interns receive a stipend, which is adjusted according to their
      disesuaikan dengan kebijakan perusahaan berdasarkan jenjang                       educational level. For high school or vocational school graduates, the
      pendidikan. Untuk lulusan SMA/SMK, uang saku yang diberikan                       stipend is 60% of the Regency/City Minimum Wage (UMK) per
      adalah 60% dari Upah Minimum Kabupaten/Kota (UMK) per bulan,                      month, while for D3/D4/S1 graduates, it is 65% of the UMK per
      sedangkan untuk lulusan D3/D4/S1, uang sakunya adalah 65% dari                    month.Internship participants are also covered by social security
      UMK per bulan. Peserta magang juga mendapatkan jaminan sosial                     through the Social Security Agency for Employment (BPJS
      melalui BPJS Ketenagakerjaan, yang mencakup Jaminan Kecelakaan                    Ketenagakerjaan), including Work Accident Insurance (JKK) and
      Kerja (JKK) dan Jaminan Kematian (JKM). Setelah menyelesaikan                     Death Insurance (JKM). Upon completion of the program, participants
      program, peserta akan menerima dua jenis sertifikasi: Sertifikat                    receive two types of certification:Internship Certificate – proof of
      Magang sebagai bukti partisipasi dalam program, dan Sertifikasi                    participation in the programCompetency Certification – issued by the
      Kompetensi dari Badan Nasional Sertifikasi Profesi (BNSP) sebagai                  National Professional Certification Agency (BNSP) to recognize the
      pengakuan atas kompetensi yang telah dicapai.                                     competencies achieved.


      Program Praktek Kerja Industri (Prakerin) ditujukan bagi pelajar atau             The Industrial Internship Program (Prakerin) is intended for
      mahasiswa yang belum lulus. Program ini diselenggarakan berdasarkan               students who have not yet graduated. This program is organized
      Keputusan Menteri Pendidikan dan Kebudayaan Nomor 323/U/1997 tentang              under Decree of the Minister of Education and Culture Number
      penyelenggaraan Prakerin. Lembaga yang bertanggung jawab atas program ini         323/U/1997 concerning the implementation of Prakerin, with the
      adalah Kementerian Pendidikan dan Kebudayaan (Kemendikbud). Prakerin              Ministry of Education and Culture (Kemendikbud) as the responsible
      dirancang agar selaras dengan Kurikulum Pendidikan Nasional, sehingga             institution.Prakerin is designed to align with the National Education
      peserta mendapatkan pengalaman yangrelevan dengan standar kompetensi              Curriculum, providing students with practical experience relevant to
      atau skema vokasi yang berlaku. Pelaksanaan Prakerin melibatkan perjanjian        vocational competency standards or schemes. The program involves
      kerjasama antara perusahaan dengan sekolah atau universitas melalui perjanjian    a formal agreement between the company and the school or
      resmi. Durasi program prakerin umumnya berlangsung antara 3 hingga 6 bulan        university, and the duration typically ranges from 3 to 6 months per
      per semester, menyesuaikan dengan kebijakan antara institusi pendidikan dan       semester, depending on the policies of both the educational
      perusahaan tempat pelaksanaan program. Peserta Prakerin akan menerima             institution and the host company.Participants in the Prakerin program
      uangsakuyangbesarnyadisesuaikandenganjenjangpendidikanmereka.                     receive a stipend based on their education level:
      Ÿ    Untuk siswa SMA/SMK, uang saku yang diberikan adalah Rp. 40.000,- per        Ÿ   High school/vocational high school students: Rp. 40,000 per
           kehadiran                                                                        attendance.
      Ÿ    UntuklulusanD3/D4/S1,uangsakunyaadalahRp.55.000,-perkehadiran.               Ÿ   D3/D4/S1 students: Rp. 55,000 per attendance.




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Namun, karena status peserta masih sebagai siswa atau mahasiswa,                       Since participants are still students, social security (BPJS) is not
mereka tidak mendapatkan jaminan sosial (BPJS). Setelah                                provided. Upon completion, participants receive a Prakerin Certificate
menyelesaikan program, peserta akan menerima Surat Keterangan                          from the company, recognizing their participation and achievements.
Prakerin dari perusahaan sebagai bentuk sertifikasi atas partisipasi                    This certificate adds value for students entering the workforce and
dan pencapaian mereka selama mengikuti program ini. Sertifikat                          supports their professional career development.
tersebut akan dapat menjadi nilai tambah bagi peserta prakerin
dalam dunia kerja dan membantu peserta dalam membangun karier
profesional di masa depan.


Program Pendidikan Vokasi Industri adalah inisiatif yang                               The Industrial Vocational Education Program is an initiative
diluncurkan oleh Kementerian Perindustrian Indonesia untuk                             launched by the Indonesian Ministry of Industry to prepare qualified
mempersiapkan sumber daya manusia (SDM) yang berkualitas dan                           and competent human resources for the Industry 4.0 era. The
kompeten dalam menghadapi era industri 4.0. Program ini bertujuan                      program aims to align the needs of industry with education in
untuk menciptakan keselarasan antara kebutuhan industri dan                            Vocational High Schools (SMK) through a link and match approach.
pendidikan di Sekolah Menengah Kejuruan (SMK) melalui konsep link
and match.


Konsep Link and Match                                                                  Link and Match Concept
Ÿ     Kerja Sama Industri dan SMK: Program ini memfasilitasi kerja                     Ÿ    Industr y and SMK Cooperation: This program fosters
      sama antara industri dan SMK di seluruh Indonesia, di mana satu                       collaboration between industries and vocational high schools
      SMK dapat menjalin hubungan dengan beberapa industri yang                             across Indonesia. Each SMK can establish partnerships with
      relevan dengan bidang keahliannya.                                                    multiple industries relevant to its areas of expertise.
Ÿ     Penyelarasan Kurikulum: Kurikulum SMK disesuaikan dengan                         Ÿ    Curriculum Alignment: The SMK curriculum is tailored to meet
      kebutuhan industri, dengan 34 program keahlian yang                                   industry requirements, with 34 skill programs implemented to
      diimplementasikan untuk memastikan siswa memiliki kompetensi                          ensure that students acquire the competencies demanded by the
      yang dibutuhkan oleh pasar kerja.                                                     job market.
Ÿ     Pelatihan Pendidik: Kemenperin juga menyediakan pelatihan                        Ÿ    Educator Training: The Ministry of Industry provides specialized
      khusus bagi para pendidik untuk mendukung keberhasilan                                training for educators to ensure the success of this program.
      program ini.


Dalam penyesuaian konsep link and match dengan SMK, PT Spindo                          In applying the link and match concept to vocational high schools, PT
menyesuaikan dengan skema pemagangan yang ada dan disusun                              SPINDO aligns with the existing apprenticeship scheme, which is structured
berdasarkan SKKNI dan SKKK. Skema pemagangan tersebut                                  according to the National Competency Standards (SKKNI) and the Special
diantaranya yaitu:                                                                     Work Competency Standards (SKKK). The apprenticeship scheme includes:


    No.                           Skema | Scheme                                           No.                              Skema | Scheme

    01. Operator Mesin Circle Otomatis         Automatic Circle Machine Operator           12. Operator Marking & Packing          Marking & Packing Operator
    02. Operator Mesin Circle Manual           Manual Circle Machine Operator              13. Pengoperasian Mesin Bubut           Lathe Machine Operation
    03. Operator Mesin Circle Semi Auto        Semi-Automatic Circle MachineOperator       14. Pemeliharaan Listrik Dasar          Basic Electrical Maintenance
    04. Operator Mesin Cut Press Brushing      Cut Press Brushing Machine Operator         15. Pemeliharaan Sistem Hidrolik        Hydraulic System Maintenance
    05. Operator Mesin Cut Press Champer       Cut Press Champer Machine Operator          16. Pemeliharaan Sistem Pneumatik       Pneumatic System Maintenance

    06. Operator Mesin Deburing Hidrolik       Hydraulic Deburring Machine Operator        17. Pengoperasian Mesin Frais           Milling Machine Operation

    07. Operator Mesin Deburing Pneumatik      Pneumatic Deburring Machine Operator        18. Pengoperasian Mesin Bor             Drilling Machine Operation

    08. Operator Mesin End Brushing Otomatis Automatic End Brushing Machine Operator       19. Pemeliharaan Otomotif               Automotive Maintenance

    09. Operator Mesin End Brushing Manual     Manual End Brushing Machine Operator        20. Perbaikan Cacat Pengelasan          Weld Defect Repair on Pipe

    10. Operator Mesin Heles                   Heles Machine Operator                            pada Pipa

    11. Operator Mesin Piercing                Piercing Machine Operator                   21. Pembuatan Aksesoris Pipa            Pipe Accessory Manufacturing




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       No.                              Skema | Scheme                                       No.                            Skema | Scheme

          22. Pembuatan Spesimen Uji               Test Specimen Manufacturing               25. Proses Pergudangan                Warehouse Process
          23. Pemeriksaan Akhir Pipa Bare Pipe     Bare Pipe Final Inspection                26. Administrasi Pergudangan          Warehouse Administration
          24. Pemeriksaan Muatan Pipa              Pipe Loading Inspection                   27. Pengelasan SMAW Dasar             Basic SMAW Welding



      Melalui skema di atas maka dapat dilakukan link and match dengan                   Through the above scheme, a link and match can be established with
      kurikulum pendidikan di sekolah dan universitas sesuai dengan                      the educational curriculum in schools and universities, in accordance
      kebutuhan industri di SPINDO sebagai berikut:                                      with the industrial needs at SPINDO as follows:

       No.                                                                                         Skema | Scheme

      1. Teknik Permesinan                                               Operator Mesin Circle Otomatis               Automatic Circle Machine Operator
            Mechanical Engineering                                       Operator Mesin Circle Manual                 Manual Circle Machine Operator
                                                                         Operator Mesin Circle Semi Auto              Semi-Automatic Circle Machine Operator
                                                                         Operator Mesin Cut Press Brushing            Cut Press Brushing Machine Operator
                                                                         Operator Mesin Cut Press Champer             Cut Press Champer Machine Operator
                                                                         Operator Mesin Deburing Hidrolik             Hydraulic Deburring Machine Operator
                                                                         Operator Mesin Deburing Pneumatik            Pneumatic Deburring Machine Operator
                                                                         Operator Mesin End Brushing Otomatis Automatic End Brushing Machine Operator
                                                                         Operator Mesin End Brushing Manual           Manual End Brushing Machine Operator
                                                                         Pengoperasian Mesin Bubut                    Lathe Machine Operation
                                                                         Pengoperasian Mesin Frais                    Milling Machine Operation
                                                                         Pembuatan Spesimen Uji                       Test Specimen Manufacturing
                                                                         Pemeriksaan Akhir Pipa Barepipe              Barepipe Final Inspection
      2     Teknik Kendaraan Ringan                                      Operator Mesin Circle Otomatis               Automatic Circle Machine Operator
            Light Vehicle Engineering                                    Operator Mesin Circle Manual                 Manual Circle Machine Operator
                                                                         Operator Mesin Circle Semi Auto              Semi-Automatic Circle Machine Operator
                                                                         Operator Mesin Cut Press Brushing            Cut Press Brushing Machine Operator
                                                                         Operator Mesin Cut Press Champer             Cut Press Champer Machine Operator
                                                                         Operator Mesin Deburing Hidrolik             Hydraulic Deburring Machine Operator
                                                                         Operator Mesin Deburing Pneumatik            Pneumatic Deburring Machine Operator
                                                                         Operator Mesin End Brushing Otomatis Automatic End Brushing Machine Operator
                                                                         Operator Mesin End Brushing Manual           Manual End Brushing Machine Operator
                                                                         Operator Mesin Heles                         Heles Machine Operator
                                                                         Operator Mesin Piercing                      Piercing Machine Operator
                                                                         Operator Marking & Packing                   Marking & Packing Operator
                                                                         Pemeliharaan Otomotif                        Automotive Maintenance
      3. Teknik Instalasi Tenaga Listrik                                 Pemeliharaan Listrik Dasar                   Basic Electrical Maintenance
            Electrical Power Installation Engineering                    Pemeliharaan Sistem Hidrolik                 Hydraulic System Maintenance
                                                                         Pemeliharaan Sistem Pneumatik                Pneumatic System Maintenance
                                                                         Perbaikan Cacat Pengelasan pada Pipa Weld Defect Repair on Pipe
      4. Teknik Bodi Kendaraan Ringan                                    Perbaikan Cacat Pengelasan pada Pipa Weld Defect Repair on Pipe
            Light Vehicle Body Engineering                               Pembuatan Aksesoris Pipa                     Pipe Accessory Manufacturing
                                                                         Pengelasan SMAW Dasar                        Basic SMAW Welding
      5. Teknik Ototronik | Autotronics Engineering                      Pemeliharaan Sistem Hidrolik                 Hydraulic System Maintenance
                                                                         Pemeliharaan Sistem Pneumatik                Pneumatic System Maintenance
      6. Teknik Sepeda Motor | Motorcycle Engineering                    Pemeliharaan Otomotif                        Automotive Maintenance
      7. Teknik Komputer dan Jaringan                                    ICT                                          ICT
            Computer and Network Engineering                             ICT                                          ICT
      8. Desain Komunikasi Visual                                        Digital Marketing                            Digital Marketing
            Visual Communication Design
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Pusat Pelatihan SPINDO | SPINDO Training Center
                                                                             [404-2]




Untuk mendukung keberlangsungan program vokasi industri, baik                   To support the sustainability of the industrial vocational program,
dalam pelaksanaan magang kerja maupun praktik kerja industri,                   both in the implementation of internships and industrial work
Perseroan menunjukkan komitmen yang kuat untuk meningkatkan                     practices, the company demonstrates a strong commitment to
kualitas program tersebut. Salah satu upaya yang dilakukan adalah               improving the quality of these programs. One of the efforts made is by
dengan menyediakan fasilitas berupa Training Center atau Pusat                  providing a facility in the form of a Training Center, designed to offer
Pelatihan yang dirancang untuk memberikan pengalaman praktik                    hands-on experience alongside Subject Matter Experts.
langsung bersama para Subject Matter Expert.


Pusat pelatihan ini berlokasi di SPINDO Unit 6, Jalan Raya                      This Training Center is located at SPINDO Unit 6, Jalan Raya
Cemengkalang No. 10, Sidoarjo. Sebagai bagian dari komitmen ini,                Cemengkalang No. 10, Sidoarjo. As part of this commitment, trainers
para pelatih menyelenggarakan pelatihan teknis setiap bulan sekali.             conduct technical training sessions once a month. Participants not
Peserta tidak hanya mendapatkan penjelasan teoritis tetapi juga                 only receive theoretical explanations but also have the opportunity to
kesempatan untuk mempraktikkan langsung pengetahuan mereka                      directly apply their knowledge using specialized equipment available
dengan menggunakan peralatan khusus yang tersedia di Training                   at the Training Center. The aim is to ensure that participants gain a
Center. Hal ini bertujuan untuk memastikan bahwa peserta                        comprehensive understanding and valuable hands-on experience in
mendapatkan pemahaman yang komprehensif dan pengalaman                          the industrial field.
langsung yang berharga dalam bidang industri.




Pelatihan Teknis 2025 di Pusat Pelatihan SPINDO Unit 6 | 2025 Technical Training at SPINDO Unit 6 Training Center

 No.                  Judul Pelatihan                                          Pelatih                    Tanggal Pelaksanaan            Jumlah Peserta
                      Type of Training                                         Trainer                    Implementation Date            No. of Participant

 01.     Pemeriksaan Akhir Pipa ERW | Final Inspection of ERW Pipes        Ahmad Najih                 23 Januari | January 2025                   13
 02.     Merawat, Mendiagnosa, dan Memperbaiki Sistem Pneumatik |          Rozi Sanjiwanata                                                        31
         Maintaining, Diagnosing, and Repairing Pneumatic Systems                                      6 Maret | March 2025
 03.     Kualitas & Jenis Cacat Hasil Pengelasan | Weld Quality & Types    Moh Saiful Huda             30 April | April 2025                       22
         of Weld Defects
 04.     Persiapan Pengerjaan Specimen | Preparation of Specimen           Bagus Sarwoaji              28 Mei | May 2025                            8
         Work
 05.     Autonomous Maintenance                                            Susilo                      26 Juni | June 2025                         13
 06.     Pemeliharaan Komponen & Sistem Hidrolik | Maintenance of          Samsul Laili                23 September | September 2025               23
         Hydraulic Components & Systems
 07.     Pengelasan SMAW | SMAW Welding                                    Anas Dwi P.                 19 September | September 2025               16




          kinerja ekonomi                   kinerja sosial                     kinerja lingkungan                indeks pojk & standar gri
                                                                          environmental performance                                                     6     117
       economic performance              social performance                                                      pojk & gri standard index
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      Proses Pengaduan Keluhan Masyarakat Lokal Secara Formal |
      Process of Formally Complaining from Local Communities
                                                             [F.24][413-1]



      Masyarakat dapat melaporkan dan mengadukan keluhan secara                       The public may file a formal report and complaint related to the
      formal terkait operasional secara langsung melalui kantor di masing-            Company’s operations directly to the following office addresses:
      masing wilayah, yakni:


              Kantor SPINDO                            Fasilitas Produksi                                           Depo SPINDO
                   SPINDO Office                         Production Facilities                                          SPINDO Depot

      SPINDO HEAD OFFICE                            Plant 1 - Surabaya                                Jakarta
      Jl. Kalibutuh No. 189 -191,                   Jl. Rungkut Industri I No. 28 - 32,               Kawasan Pergudangan Semanan Megah
      Surabaya 60173, East Java, Indonesia
                                                    Surabaya 60292, East Java, Indonesia              Kav. 7 Blok B No. 1, Jl. Daan Mogot Km 18,
      p : +6231 532 0921, 531 6921,
          +6231 532 0320, 535 3290,                                                                   Kalideres, West Jakarta, Indonesia
      f : +6231 531 0712, 532 0290,                 Plant 2 - Surabaya                                p : +6221 2252 3485, 2252 3486
      e : marketing@spindo.co.id                    Jl. Rungkut Industri II No. 10,                   f : +6221 2252 0635
                                                    Surabaya 60292, East Java, Indonesia              e : depo.jakarta@spindo.co.id
      SPINDO JAKARTA OFFICE
      Gedung Baja, Lt. 7,
      Jl. Pangeran Jayakarta No. 55,                Plant 3 - Surabaya                                Bandung
      Jakarta 10730, Indonesia                      Ds. Warugunung - Kec. Karangpilang,               Bizpark Commercial Estate
      p : +6221 6231 3502                           Surabaya 60221, East Java, Indonesia              Jl. Kopo 455 Blok B1 No. 26A,
      f : +6221 624 0313
                                                                                                      West Java, Indonesia
      e : marketing.sjo@spindo.co.id
                                                    Plant 4 - Pasuruan                                p : +6222 5441 3737
      SPINDO KARAWANG (SKF)                         Jl. Kabupaten, Ds. Cangkringmalang,               f : +6222 5441 3735
      Kawasan Industri Mitrakarawang (KIM),         Kec. Beji, Pasuruan, East Java, Indonesia         e : depo.bandung@spindo.co.id
      Jl. Mitra Raya No. II Blok F2,
      Karawang 41363, Indonesia
                                                    Plant 5 - Karawang                                Pasuruan
      p : +6221 8911 5085, +62267 440 823
      f : +62267 440 587                            Kawasan Industri Mitrakarawang                    Jl. Kabupaten, Ds. Cangkringmalang, Beji,
                                                    Jl. Mitra Raya 2 Blok F2, Desa                    Pasuruan, East Java, Indonesia
      SPINDO SEMARANG                               Parungmulya, Karawang 41361,
      Representative Office
                                                    West Java, Indonesia.                             Gresik
      Genius Idea @ Dafam Space Menara Suara
      Merdeka, Lt 11 - R9, Jl. Pandanaran No. 30,                                                     Jl. Raya Daendels Km 49, Desa Wadeng,
      Pekunden, Kec. Semarang Tengah,               Plant 6 - Sidoarjo                                Gresik, East Java, Indonesia.
      Semarang, Jawa Tengah 50134, Indonesia        Jl. Pahlawan No. 10, Cemengkalang,
                                                    Sidoarjo, East Java, Indonesia                    Sidoarjo
      SPINDO PEKANBARU
      Representative Office                                                                           Jl. Pahlawan No. 10,
      Graha Pena Riau Lt. 7 - R705,                 Plant 7 - Gresik                                  Sidoarjo, East Java, Indonesia.
      Jalan HR. Soebrantas Panam Km. 10,5           Jl. Raya Daendels Km. 49, Desa Wadeng,
      Sidomulyo Barat, Tuah Karya, Kec. Tampan,     Gresik, East Java, Indonesia                      Samarinda
      Pekanbaru, Riau 28294, Indonesia
                                                                                                      Mangkupalas Business Center
      SPINDO MEDAN                                                                                    Pergudangan E10-11, F9-10,
      Representative Office                                                                           Samarinda, East Kalimantan, Indonesia
      Sinar Mas Land Plaza, GoWork Jl. Pangeran
      Diponegoro No.18 10th Floor, Madras Hulu,
                                                                                                      Makassar
      Kec. Medan Polonia, Kota Medan,
      Sumatera Utara 20152, Indonesia                                                                 Jl. Ir. Sutami,
      p : +62811 8112 1009                                                                            Makassar, South Sulawesi, Indonesia




      Pengaduan Masyarakat Terhadap Operasional Perusahaan |
      Public Complaint Against to Company Operations [F.23][413-2]
      Sampai dengan 2025, masyarakat sekitar tidak melakukan komplain                 As of 2025, the surrounding community has not raised any
      atau penolakan terhadap operasional kami. Ini menunjukkan apa                   complaints or objections regarding our operations. This indicates that
      yang telah dilakukan SPINDO terhadap pendekatan sosial dan                      SPINDO's approach to social engagement and the implementation of
      penerapan program pemberdayaan cukup berjalan baik.     [413-2]
                                                                                      empowerment programs have been running well. [413-2]


                                  TEntang kami         strategi keberlanjutan                     Profil Perusahaan                   tata kelola keberlanjutan
118       6                         about us           sustainability strategy                    Corporate Profile                     corporate governance
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          kinerja
          lingkungan
          environmental performance
                                                         7



                                                             7   119
Page 128
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      Manufaktur Berkelanjutan [F.4][301]
      Sustainable Manufacturing

      Praktik manufaktur berkelanjutan kami dapat meningkatkan reputasi            Our sustainable manufacturing practices can enhance a factory's
      pabrik untuk memperluas basis pelanggan, menurunkan limbah, dan              reputation to expand its customer base, lower waste and cut costs to
      memangkas biaya untuk meningkatkan margin keuntungan. Kami                   increase profit margins. We also pay attention to good management
      juga memperhatikan pengelolaan yang baik bagi sumber daya alam,              of natural, environmental and social resources. Our activities remain
      lingkungan dan sosial. Aktivitas kami tetap berpedoman pada aturan           guided by applicable regulations, both national regulations and
      yang berlaku, baik peraturan nasional dan peraturan daerah.                  regional regulations.


      SPINDO dalam operasionalnya sangat membutuhkan sumber energi                 SPINDO in its operations really needs sources of energy and water.
      dan air. Sumber energi yang digunakan untuk operasional Perseroan            The energy sources used for the Company's operations are gas, fuel
      adalah gas, bahan bakar minyak (BBM) dan listrik. Perseroan                  oil (BBM) and electricity. The Company seeks periodic management
      mengupayakan pengelolaan secara periodik terhadap peralatan                  of operational equipment by revamping/updating machines related to
      operasional dengan pembenahan / pembaharuan mesin terkait                    gas and fuel efficiency. For electricity that has been provided by PLN
      dengan efisiensi gas dan BBM. Untuk energi listrik yang selama ini            (State Electricity Company), the Company has sought alternative
      disediakan oleh PLN (Perusahaan Listrik Negara), Perseroan telah             sources of electrical energy from solar cells.
      mengupayakan alternatif sumber energi listrik dari sel surya.


      Pengelolaan air dilakukan agar tidak memberi dampak negatif                  Water management is carried out so as not to have a negative impact
      terhadap lingkungan sekitar operasional Perseroan. Perseroan juga            on the environment around the Company's operations. The company
      telah memiliki water treatment untuk daur ulang air.                         also has a water treatment for water recycling.



      Kinerja Lingkungan Tahun 2025 | Environmental Performance in 2025



                     Biaya Pengelolaan
                     Dampak Lingkungan
                     Cost of Environmental                                         Rp 6.067.876.669
                     Impact Management


      Kontribusi Kami kepada Lingkungan | Our Contribution to the Environment


         Efisiensi Konsumsi Energi                                                     Efisiensi Konsumsi Air
         Efficiency of Energy Use                                                      Efficiency of Water Use



                                           1,8%                                                                          4,9%
                                TEntang kami             strategi keberlanjutan                 Profil Perusahaan                   tata kelola keberlanjutan
120       7                       about us               sustainability strategy                Corporate Profile                     corporate governance
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   Peningkatan Kapasitas Sel                                                Laporan Dampak Lingkungan
   Surya Tahun 2024-2025                                                    Dari Masyarakat
   Solar Cell Capacity Increase                                             Environmental Impact Reports
   in 2024-2025                                                             from The Community



                                           5%                                                                   [ZERO REPORT]
                                                                                                                              0
   Laporan Pencapaian Obligasi Terkait Keberlanjutan
   Sustainability-Linked Bond Achievement Report
   Kinerja yang sangat baik oleh SDGs Hub Universitas Indonesia    Excellent performance by the University of Indonesia's SDGs Hub
   sebagai Ahli Keberlanjutan untuk melakukan reviu atas Laporan   as Sustainability Experts to review the 2025 Sustainability-Linked
   Pencapaian Sustainability-Linked Bond (SLB) Tahun 2025,         Bond (SLB) Achievement Report.




   Sertifikasi Lingkungan Tahun 2025
   2025 Environmental Certification

                                PROPER                               ISO 14001                                  INDUSTRI
                                 Plant 1, 3, 5, 6 dengan             2015                                       HJAU
                                 Peringkat “BIRU”
                                 Plant 1, 3, 5, 6 with               Plant 3 & 4 SAI GLOBAL
                                 “BLUE” Rating                       Plant 3 & 4 SAI GLOBAL                     Plant 3



Kami juga menyadari bahwa setiap operasional memiliki dampak             We also realize that every operation indeed produces an impact on
yang ditimbulkan. Komitmen Manajemen terhadap pemenuhan                  the environment. Management’s commitment to remain compliant
kepatuhan terhadap Peraturan tersebut diterjemahkan ke dalam             with the prevailing regulations is translated into policies and SOP.
kebijakan serta SOP.


Seluruh upaya Perseroan dalam mengukur dan menjaga dampak                All impact assessment and containment efforts conducted by the
operasional sesuai dengan regulasi yang berlaku merupakan                Company to remain aligned with the prevailing regulation is our
komitmen guna mencapai keberlanjutan SPINDO. Manajemen                   commitment to achieve sustainability. The Management believes that
SPINDO meyakini bahwa dengan meminimalisir dampak dan                    minimizing the impact and remaining compliant with the applicable
mengikuti ketentuan yang berlaku menjadi syarat mutlak                   provision are absolute conditions to attain sustainability.
keberlanjutan Perusahaan.



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                                                                   environmental performance                                                7   121
    economic performance              social performance                                               pojk & gri standard index
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      Material yang Digunakan Untuk
      Proses Manufaktur [F.5][301]
      Material Used for Manufacturing Process


      Pelaksanaan manufaktur pipa baja dan produk lainnya sangat              Manufacturing steel pipes and other products relies heavily on
      mengandalkan bahan baku mineral yang secara alami tidak                 mineral raw materials which are naturally non-renewable.
      terbarukan. Meskipun demikian, pemanfaatan bahan baku utama             Nonetheless, very effective and efficient utilization of the primary raw
      yang sangat efektif dan efisien diperlukan untuk memastikan              materials is required to ensure maximum sustainability. Furthermore,
      keberlanjutan maksimal. Selanjutnya kami juga menggunakan bahan         we also utilize used material which then melted back to be used.
      baku bekas pakai yang kemudian dilebur kembali untuk
      dimanfaatkan.


      Penggunaan bahan baku produksi selama 2025 dapat adalah                 The use of production raw materials in 2025 can be viewed as
      sebagai berikut:                                                        follows:




                         Dampak                       Kuantitas [301-2]       Jenis Material [301-1]                 Strategi Penanganan
                          Impact                        Quantity               Type of Materials                      Treatment Strategy

       Material Mentah | Raw Materials
       Coil/Strip                                     17.875.689 Kg             Coating                Bahan baku utama pipa, plat, dan slitter
                                                                                                       Main raw materials for pipes, plates & slitter’s
       Coil/Strip                                     25.807.756 Kg             CRC                    Bahan baku utama pipa, plat, dan slitter
                                                                                                       Main raw materials for pipes, plates & slitter’s
       Coil/Strip                                    156.662.491 Kg             HRC                    Bahan baku utama pipa, plat, dan slitter
                                                                                                       Main raw materials for pipes, plates & slitter’s
       Coil/Strip                                      1.721.188 Kg             SS-CRC                 Bahan baku utama pipa, plat, dan slitter
                                                                                                       Main raw materials for pipes, plates & slitter’s
       Coil/Strip                                      7.040.740 Kg             SS-HRC                 Bahan baku utama pipa, plat, dan slitter
                                                                                                       Main raw materials for pipes, plates & slitter’s
       Material Untuk Proses yang Terkait | Associated Process Materials
       Asam Klorida (HCL) ± 32% Up                        609.590 Kg            Raw                    Pembersihan pipa yang akan digalvanis
       Chloride Acid (HCL) ± 32% Up                                                                    Cleaning the pipes that will be galvanized
       Asam Fluorida / HF 60-70%                             8.575 Kg           Raw                    Pembersihan pipa stainless industri
       Fluoridic Acid / HF 60-70%                                                                      Cleaning industrial steel pipes
       Asam Nitrit (Hn03)                                  57.050 Kg            Raw                    Pembersihan pipa stainless industri
       Nitric Acid (Hn03)                                                                              Cleaning industrial steel pipes
       Oli Anticorit DFO 6301                                  417 L            -                      Celup Pipa & Proses
       Anticorit Oil DFO 6301                                                                          Dipping Pipe & Process
       Minyak Solar                                        12.902 L             -                      Celup Pipa & Proses
       Solar Oil                                                                                       Dipping Pipe & Process
       Thinner for Epoxy - 05 FD                           10.700 L             Raw                    Pelapisan pipa karoseri
                                                                                                       Bus frame pipe coating
       Thinner WTC01                                       15.700 L             Raw                    Pelapisan pipa karoseri
                                                                                                       Bus frame pipe coating




                                TEntang kami        strategi keberlanjutan                 Profil Perusahaan                tata kelola keberlanjutan
122       7                       about us          sustainability strategy                Corporate Profile                  corporate governance
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                 Dampak                            Kuantitas [301-2]      Jenis Material [301-1]             Strategi Penanganan
                  Impact                             Quantity              Type of Materials                  Treatment Strategy

Barang atau Suku Cadang Semi-Manufaktur | Semi-Manufactured Goods or Parts
Cat Meny Chasis RED SPD 02                               14.500    Kg            Raw                Pelapisan tiang listrik
                                                                                                    Coating of power poles
Epoxy Filler Grey SPINDO                                  5.190    L             Raw                Pelapisan pipa karoseri
                                                                                                    Bus frame pipe coating
Epoxy Primer Dark Grey EPX-05 FD                         49.660    L             Raw                Pelapisan pipa karoseri
                                                                                                    Bus frame pipe coating
Kawat BWG-16                                             12.270    Kg            Raw                Engsel
Wire BWG-16
Varnish Black Doff RFU (NF11)                            10.080    L             Raw                Proteksi Coating Sementara
                                                                                                    Temporary coating protection
Varnish BLACK 01/9028                                   222.840    L             Raw                Proteksi Coating Sementara
                                                                                                    Temporary coating protection
Zinc Ammonium Chloride ± 46% Up                          83.307    Kg            Raw                Galva


Zinc Ingot SHG                                      2.740.306      Kg            Raw                Galva


Zinc Ingot PWG                                                 -   Kg            Raw                Galva


Zinc Nickel 0,5%                                               -   Kg            Raw                Galva


Zinc Wire Ø 1,2 mm                                       28.730    Kg            Raw                Pelapisan area welding pipa GI
                                                                                                    GI pipe welding area coating




Material untuk Tujuan Pengemasan | Materials for Packaging Purposes
Thinner A SPINDO                                        448.569    L             Raw                Marking & Packing
                                                                                                    Marking & Packing
Thinner B Special                                        16.980    L             Raw                Marking & Packing
                                                                                                    Marking & Packing
ThinnerWTC 01                                            15.700    L             Raw                Marking & Packing
                                                                                                    Marking & Packing
Dop Plastik                                              39.986    Kg            Raw                Marking & Packing
                                                          2.594    pcs                              Marking & Packing
Bandyzer Plat 1 ⁄ ”                                     237.714    Kg            Raw                Marking & Packing
                                                                                                    Marking & Packing
Bandyzer Plat 19 mm ( ⁄ ”)                                2.900    Kg            Raw                Marking & Packing
                                                                                                    Marking & Packing
Power Pack Strapping PWP 2510                                98    roll          Raw                Marking & Packing
                                                                                                    Marking & Packing

      kinerja ekonomi                 kinerja sosial                    kinerja lingkungan         indeks pojk & standar gri
                                                                   environmental performance                                         7   123
   economic performance            social performance                                              pojk & gri standard index
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      Konsumsi Energi Dalam Manufaktur [F.6][302]
      Energy Consumption in Manufacturing


      Kegiatan operasional kami menggunakan beberapa jenis energi                  A variety of energy sources are used in our operating activities, such
      antara lain listrik, bahan bakar minyak (BBM), dan gas. Pasokan              as gas, fuel oil (BBM), and electricity. Our primary energy supply still
      energi primer kami masih mengandalkan dari energi listrik yang               relies on electrical energy supplied from the State-Owned Power
      dipasok dari Perusahaan Listrik Negara[302-1]. Penggunaan energi kami        Utility Company[302-1]. Our energy use consists of the use of energy in
      terdiri dari penggunaan energi pada pabrik, kantor, gudang. Berikut          plant, office, and warehouse. The following the detail of our energy
      adalah rincian pemakaian energi kami dalam 3 (tiga) tahun terakhir:          use in the last 3 (three) years:




                     Sumber Energi | Energy Source                                          Jumlah Pemakaian | Total Usage

                                                                             2025                               2024                           2023

                                                                 Energi Gas | Gas Energy (MMBtu)

       Plant 1                                                                    36.960                             38.469                       35.341
       Plant 3                                                                    38.057                             37.070                       38.134
       Plant 4                                                                          -                                 -                         2.654
       Total (MMBtu)                                                              75.017                             75.539                       76.129
       Total (GJ)                                                                 79.118                             79.668                       80.291

                                                               Energi BBM | Fuel Energy (KiloLitre)

       Plant 1                                                                      89,1                              116,3                            71
       Plant 2                                                                          -                                 -                                 4
       Plant 3                                                                      20,8                               20,4                            23
       Plant 4                                                                      57,9                               82,5                            98
       Plant 5                                                                      10,5                               18,0                            35
       Plant 6                                                                       2,5                                3,3                           105
       Total (KiloLiter)                                                            181                                240                            337
       Total (GJ)                                                             6.994,12                           9.301,1                        13.019,6

                                                              Energi Listrik | Electricity Energy (kWh)

       Plant 1                                                               4.373.496                        4.587.593                       4.550.781
       Plant 2                                                               5.276.574                        5.561.598                       4.935.840
       Plant 3                                                               5.430.032                        5.961.889                       5.447.980
       Plant 4                                                               3.726.256                        4.402.664                       4.126.010
       Plant 5                                                               8.926.695                        8.824.976                       9.068.760
       Plant 6                                                               4.358.113                        3.011.087                       2.904.014
       Total (KiloLiter)                                                    32.091.166                       32.349.807                      31.033.385
       Total (GJ)                                                           115.528,20                        116.459,3                       111.720,2
       Total Penggunaan Energi   [302-1]
                                           (GJ)                             201.640,22                        205.428,6                       205.030,7
       Total Energy Use (GJ)
       Total Output Hasil Produksi (Ton)                                    294.890,70                        313.968,0                       310.896,0
       Total Production Output (Ton)




                               TEntang kami             strategi keberlanjutan                   Profil Perusahaan              tata kelola keberlanjutan
124       7                      about us               sustainability strategy                  Corporate Profile                corporate governance
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                Sumber Energi | Energy Source                                          Jumlah Pemakaian | Total Usage

                                                                            2025                             2024                             2023

                                                                             0,68                            0,65                             0.66




                                                                             3%




Tahun 2025, total penggunaan energi untuk produksi sebesar                       Total energy consumption for production in 2025 is estimated at
201.640,22 GJ. Dibandingkan dengan tahun 2024, penggunaan energi                 201,640.22 GJ, marking a reduction of 1.8%, or 3,788.4 GJ, compared
untuk produksi mengalami penurunan sebesar 1,8% atau sebesar                     to 2024.
3.788,4 GJ.



                                    Tabel Intensitas Energi Tahun 2025[302-3] | Table of Energy Intensity in 2025

 Area Pabrik | Plant Area              Hasil Produksi | Production Result             Energi | Energy             Intensitas Energi | Energy Intensity

                                                     Penggunaan Gas Alam | Natural Gas Use (MMBtu)

 Plant 1                                             23.664          ton               36.960     MMBtu                         1,56      MMBtu/ton
 Plant 3                                             19.477          ton               38.057     MMBtu                         1,95      MMBtu/ton
 Total                                               43.141      ton                   75.017     MMBtu                         3,52 MMBtu/ton
 Plant 4                                                    -                                 -                                     -


                                                         Penggunaan Listrik | Electricity Use (kWh)

 Plant 1                                         48.612,31           ton            4.373.496          kWh                    89,97        kWh/ton
 Plant 2                                         15.301,57           ton            5.276.574          kWh                   344,84        kWh/ton
 Plant 3                                         57.551,56           ton            5.430.032          kWh                    94,35        kWh/ton
 Plant 4                                         66.866,50           ton            3.726.256          kWh                    55,73        kWh/ton
 Plant 5                                         56.773,38           ton            8.926.695          kWh                   157,23        kWh/ton
 Plant 6                                         42.347,87           ton            4.358.113          kWh                   102,91        kWh/ton
 Total                                         287.453,18        ton           32.091.166,00           kWh                  845,03         kWh/ton




Intensitas energi tahun 2025 tercatat sebesar 0,68 GJ/ton. [302-3]               The energy intensity for 2025 was 0.68 GJ/ton. [302-3]




        kinerja ekonomi                     kinerja sosial                      kinerja lingkungan            indeks pojk & standar gri
                                                                           environmental performance                                                  7   125
     economic performance                social performance                                                   pojk & gri standard index
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                                                  FoundationS Progress                                                                                   2025 Sustainability Report


                                                            Tabel Penggunaan Energi Tahun 2025 | Table of Energy Use in 2025

                                                                                                                        BBM | Fuel                                   Listrik | Electricity
        Area Pabrik | Plant Area
                                                                                                           KiloLitre                   Giga Joule (GJ)         kWh                 Giga Joule (GJ)

        Plant 1                                                                                                  89                              2,22        4.373.496                 15.744,59
        Plant 2                                                                                                     -                               -        5.276.574                 18.995,67
        Plant 3                                                                                                  21                              0,52        5.430.032                 19.548,12
        Plant 4                                                                                                  58                              1,44        3.726.256                 13.414,52
        Plant 5                                                                                                  11                              0,26        8.926.695                 32.136,10
        Plant 6                                                                                                    2                             0,06        4.358.113                 15.689,21

      Catatan | Note:
      Penggunaan BBM dari liter dan listrik dari kWh dikonversi ke Giga Joules (GJ) dengan menggunakan The Greenhouse Gas Protocol Initiative, 2004.
      The use of Fuel from litre and Electricity from kWh converted to Giga Joules (GJ) by using The Greenhouse Gas Protocol Initiative, 2004.




      Upaya Efisiensi Energi | Energy Efficiency Efforts
                                                                                                             [F.7][302-4]



      Untuk mengurangi pemakaian energi saat ini dan tahun-tahun                                                        To minimize fuel and electricity consumption, both today and in the
      mendatang, baik BBM maupun listrik, beberapa upaya-upaya                                                          future, we have implemented a series of energy efficiency initiatives,
      penghematan dilakukan sebagai berikut:                                                                            including:
      1. Meningkatkan efektivitas operasional dengan merawat mesin                                                      1. Enhance effectiveness of operations by maintaining machines
           dan peralatan produksi;                                                                                          and production equipment;
      2. Perawatan kendaraan dan alat operasional sesuai prosedur;                                                      2. Vehicle and operation tools maintenance according to procedure;
      3. Penggunaan solar cell sebagai energi listrik alternatif;                                                       3. The utilization of solar cells as alternative electric energy.;
      4. Mengganti lampu dengan yang lebih hemat energi;                                                                4. Replace the use of lamps with ones that conserves energy;
      5. Sosialisasi penghematan energi terhadap karyawan.                                                              5. Socialization of energy conservation to employees.



                          PLANT
                                                   1
                          PLANT
                                                   2

                          PLANT
                                                   3

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                                                             Strengthening                        Advancing

LAPORAN keberlanjutan 2025
                                                             FoundationS Progress

                       Program Rencana Efisiensi Energi Tahun 2025 | Energy Efficiency Plan Program in 2025

  Program         Plant                     Kapasitas                                                          Penjelasan
  Program         Plants                    Capacities                                                         Explanation

  Solar Cell         Plant 4   310 kWp                                  Selama tahun 2025, solar cell di Plant 4 dapat menghasilkan energi listrik sebesar
                               (Daya PLN terpasang 3465 kVa)            405.595 kWh atau setara dengan pengurangan emisi karbon sebesar 352,87 Ton eq.
                               310 kWp                                  By 2025, the solar panel in Plant 4 will be able to produce 405,595 kWh of electrical
                               (Installed PLN power 3465 kVa)           energy, equivalent to a carbon emission reduction of 352.87 tons of carbon equivalent.
                     Plant 6   650 kWp                                  Selama tahun 2025, solar cell di Plant 6 dapat menghasilkan energi listrik sebesar
                               (Daya PLN terpasang 2180 kVa)            529.937 kWh atau setara dengan pengurangan emisi karbon sebesar 461,04 Ton eq.
                               650 kWp                                  By 2025, the solar panel in Plant 4 will be able to produce 529,937 kWh of electrical
                               (Installed PLN power 2180 kVa)           energy, equivalent to a carbon emission reduction of 461.04 tons of carbon equivalent.
                     Plant 5   1030 kWp                                 Pada bulan Juli 2025, solar cell di Plant 5 telah resmi beroperasi. Pada periode Juli -
                               (Daya PLN terpasang 5100 kVa)            Desember 2025, solar cell di Plant 5 dapat menghasilkan energi listrik sebesar 625.477
                               1030 kWp                                 kWh atau setara dengan pengurangan emisi karbon sebesar 544,16 Ton eq.
                               (Installed PLN power 5100 kVa)           In July 2025, the solar panels of Plant 5 will be officially put into operation. During the
                                                                        period from July to December 2025, the solar panels of Plant 5 can produce 625,477 kWh
                                                                        of electricity, equivalent to a carbon emission reduction       of 544.16 tons of carbon
                     Plant 1   651,75 kWp                               equivalent.
                               (Daya PLN terpasang 2180 kVa             Pada bulan November 2025, solar cell di Plant 1 telah resmi beroperasi. Dengan
                               dan 147 kVa)                             terpasangnya solar cell ini bisa mengurangi emisi karbon sebesar 816 Ton CO2 eq.
                               651,75 kWp                               In November 2025, the solar panels of Plant 1 will be officially put into operation. By
                               (Installed PLN power 2180 kVa and        installing this solar cell, carbon emissions can be reduced by 816 tons of CO2 eq.
                               147 kVa)
                     Plant 2   759 kWp
                               (Daya PLN terpasang 2180 kVa)            Pada Bulan November 2025, solar cell di Plant 2 telah resmi beroperasi. Dengan
                               759 kWp                                  terpasangnya solar cell ini bisa mengurangi emisi karbon sebesar 950 Ton CO2 eq.
                               (Installed PLN power 2180 kVa)           In November 2025, the solar panels of Plant 2 will be officially put into operation. By
                     Plant 3   715 kWp                                  installing this solar cell, carbon emissions can be reduced by 950 tons of CO2 eq.
                               (Daya PLN terpasang 2180 kVa             Pada Bulan September 2025, solar cell di Plant 3 telah resmi beroperasi. Dengan
                               dan 2180 kVa)                            terpasangnya solar cell ini bisa mengurangi emisi karbon sebesar 895 Ton CO2 eq.
                               715 kWp                                  In September 2025, the solar panels of Plant 3 will be officially put into operation. By
                               (Installed PLN power 2180 kVa and        installing this solar cell, carbon emissions can be reduced by 895 tons of CO2 eq.
                               2180 kVa)



       Program            Plant                                                              Penjelasan
       Program            Plants                                                             Explanation

Penggunaan Mini            Plant 1   Mini cooling tower ini bisa mengurangi konsumsi motor listrik dari sistem open loop ke close loop (efisiensi 61,76 kW)

Cooling Tower                        This mini cooling tower can reduce electric motor consumption from an open loop system to a closed loop (efficiency 61.76 kW)

sebagai alternatif
efisiensi energi           Plant 2    Mini cooling tower ini bisa mengurangi konsumsi motor listrik dari sistem open loop ke close loop (efisiensi 48,58kW)

listrik & air                        This mini cooling tower can reduce electric motor consumption from an open loop system to a closed loop (efficiency 45.58 kW)

Using mini cooling
towers as an              Plant 3    Mini cooling tower ini bisa mengurangi konsumsi motor listrik dari sistem open loop ke close loop (efisiensi 3113,6 kWh/bulan)

alternative for                      This mini cooling tower can reduce electric motor consumption from an open loop system to a closed loop system (efficiency

energy and water                     3113.6 kWh/month)

efficiency
                          Plant 6    Mini cooling tower ini bisa mengurangi konsumsi motor listrik dari sistem open loop ke close loop (efisiensi 48,58kW)
                                     This mini cooling tower can reduce electric motor consumption from an open loop system to a closed loop (efficiency 45.58 kW)



         kinerja ekonomi                      kinerja sosial                      kinerja lingkungan                 indeks pojk & standar gri
                                                                             environmental performance                                                        7      127
      economic performance                 social performance                                                        pojk & gri standard index
Page 136
                                    Strengthening                           Advancing
                                    FoundationS Progress                                                                2025 Sustainability Report



      Laporan Pencapaian Obligasi Terkait Keberlanjutan | Sustainability-Linked Bond Achievement Report
      SPINDO telah menyusun Laporan Pencapaian Sustainability-Linked                    SPINDO has prepared the 2025 Sustainability-Linked Bond (SLB)
      Bond (SLB) Tahun 2025 secara internal dan eksternal sebagai                       Achievement Report through both internal and external processes, as
      berikut:                                                                          outlined below:




      Reviu Internal | Internal Review
      Laporan ini disusun untuk menyajikan informasi mengenai pencapaian                This report has been prepared to provide information on the
      Indikator Kinerja Utama (IKU) yang terkait dengan Obligasi Terkait                achievement of Key Performance Indicators (KPIs) related to the
      Keberlanjutan (Sustainability-Linked Bond/SLB) yang diterbitkan oleh              Sustainability Linked Bond (SLB) issued by PT Steel Pipe Industry of
      PT Industri Pipa Baja Indonesia Tbk (selanjutnya disebut “SPINDO”).               Indonesia Tbk (hereinafter referred to as SPINDO). The SLB aims to
      Penerbitan SLB bertujuan untuk mendorong pencapaian target                        encourage the company to meet predefined sustainability targets
      keberlanjutan yang telah ditetapkan oleh Perseroan, sekaligus                     while making a positive environmental impact.
      memberikan dampak positif bagi lingkungan.


      SPINDO telah menetapkan target atas IKU terpilih yang mencerminkan                SPINDO has set targets related to the selected IKU, reflecting the
      komitmen Perseroan dalam meningkatkan bauran energi terbarukan                    company’s commitment to increasing the renewable energy mix.
      sebagai bagian dari strategi keberlanjutan jangka panjang.




                                                            Data Peningkatan Kapasitas Sel Surya yang Direncanakan 2023 – 2025:
                                                                    Planned Solar Cell Capacity Increase Data 2023 – 2025:
       Dasar Penetapan
                                                                                                                                  Pengurangan Emisi Karbon
       Indikator Kinerja                                                                                                          Carbon Emission Reduction
                                Tahun | Year       Kapasitas | Capacities      Persentase Peningkatan | Percentage Increase
       Utama (IKU) dan                                                                                                                   (kgCO2eq)
       Target Kinerja                                   650 kWp
                                    2023                                                            -                                    814.320
       Keberlanjutan (TKK)
                                    2024              682,5 kWp                                   5%                                     855.036
       Basis for Determining
                                    2025                715 kWp                                   5%                                     895.752
       Key Performance
                                *Peningkatan 5% dari 650 kWp, yang tetap konstan | 5% increase from 650 kWp, which remains constant
       Indicators (KPI) and
                                Catatan | Note :
       Sustainability
                                Ÿ   1 kWp menghasilkan 4 kWh Listrik setiap hari | 1 kWp produce 4 kWh Electricity daily
       Performance Targets
                                Ÿ   Faktor emisi sebesar 0,87 kg CO2eq sesuai dengan Faktor Emisi GRK Sistem Ketenagalistrikan 2019 dari
       (SPT)
                                    Kementerian Energi dan Sumber Daya Mineral | The emission factor of 0.87 kg CO2eq is in accordance with the
                                    2019 Electricity System GHG Emission Factor of the Ministry of Energy and Mineral Resources




      Strategi utama Perseroan dalam mencapai Indikator Kinerja Utama                   Our primary strategy for achieving IKU (Key Performance Indicators)
      (IKU) dan Target Kinerja Karyawan (TKK) adalah melalui pemasangan                 and TKK (Employee Performance Targets) is through the installation
      dan/atau perluasan kapasitas sistem energi surya pada enam Plant                  and/or capacity expansion of solar energy systems across six
      produksi.                                                                         production Plants.


      Pada tahun pertama dan kedua (2024 - 2025), Perseroan berfokus                    First and second years (2024 - 2025): Increase Solar Cell capacity at
      pada peningkatan kapasitas sistem sel surya di Plant 6 SPINDO serta               SPINDO Plant 6 and install Solar Cells at SPINDO Plant 5.
      pemasangan sistem sel surya di Plant 5 SPINDO.


                                TEntang kami                 strategi keberlanjutan                     Profil Perusahaan          tata kelola keberlanjutan
128       7                       about us                   sustainability strategy                    Corporate Profile            corporate governance
Page 137
                                                              Strengthening                   Advancing

LAPORAN keberlanjutan 2025
                                                              FoundationS Progress

                                                          :
Reviu Eksternal | External Review
SPINDO telah melakukan               reviu atas Laporan Pencapaian                SPINDO has conducted a review of the 2025 Sustainability-Linked
Sustainability-Linked Bond (SLB) Tahun 2025 dengan penugasan                      Bond (SLB) Achievement Report, appointing the SDGs Hub of the
SDGs Hub Universitas Indonesia sebagai Ahli Keberlanjutan dengan                  University of Indonesia as the Sustainability Expert under
nomor 11/00172/EKS/SDGs Hub/LST FMIPA/UI/II/2026. Hasil Reviu                     Assignment Number 11/00172/EKS/SDGs Hub/LST
Eksternal (External Review) yang akan digunakan sebagai bagian dari               FMIPA/UI/II/2026. The results of the External Review will be utilized
dokumen pelaporan Perseroan.                                                      as part of the Company’s reporting documentation.


Reviu dilaksanakan dengan mengacu pada Kerangka Kebijakan                         The review was conducted with reference to the Company’s
Sustainability-Linked Bond perusahaan, prinsip-prinsip keuangan                   Sustainability-Linked Bond Policy Framework, sustainable finance
berkelanjutan, serta ketentuan yang berlaku, termasuk POJK Nomor 18               principles, and applicable regulations, including POJK Number 18 of
Tahun 2023. Proses reviu mencakup antara lain penilaian kesesuaian                2023. The review process included, among other aspects, an
antara komitmen dalam kerangka kebijakan dengan realisasi kinerja                 assessment of the alignment between the commitments outlined in
keberlanjutan, evaluasi pencapaian Indikator Kinerja Utama (IKU) dan              the Policy Framework and the actual realization of sustainability
Target Kinerja Keberlanjutan (TKK), metode perhitungan pengurangan                performance. It also encompassed an evaluation of the achievement
emisi berbasis IPCC 2006, serta mekanisme verifikasi dan pelaporan                 of Key Performance Indicators (KPIs) and Sustainability Performance
yang transparan.                                                                  Targets (SPTs), a review of the emission-reduction calculation
                                                                                  methodology based on the IPCC 2006 Guidelines, as well as an
                                                                                  assessment of the transparency of the verification and reporting
                                                                                  mechanisms.




Laporan Reviu Ahli Keberlanjutan | Review Report by Sustainability Expert
SDGs Hub Universitas Indonesia, selaku lembaga penyedia Ahli                      The SDGs Hub of the University of Indonesia, as the institution
Keberlanjutan, dipilih untuk melakukan reviu Laporan Pencapaian                   providing the Sustainability Expert, was selected to review the
Sustainability-Linked Bond PT Steel Pipe Industry of Indonesia Tbk (PT            Sustainability-Linked Bond Achievement Report of PT Steel Pipe
SPINDO). Hasil reviu kami mencakup beberapa data pendukung terkait                Industry of Indonesia Tbk (PT SPINDO). Our review includes several
penerbitan Sustainability-Linked Bond (SLB) Report 2025 PT                        supporting data related to the publication of PT SPINDO's
SPINDO. Ahli Keberlanjutan SDGs HUB UI memiliki kompetensi                        Sustainability-Linked Bond Report 2025. The SDGs Hub UI
pengalaman dan berijazah yang relevan dalam kegiatan keberlanjutan                Sustainability Expert has relevant experience and certifications in
(Lampiran I).                                                                     sustainability activities (Attachment I).


Tanggung Jawab Manajemen PT SPINDO Tbk | PT SPINDO Tbk's Management Responsibilities
Manajemen PT SPINDO Tbk bertanggung jawab penuh atas                              The management of PT SPINDO Tbk is fully responsible for the
penyusunan dan penyajian Laporan Pencapaian SLB 2025 yang                         preparation and presentation of the 2025 SLB Achievement Report,
sesuai dengan Kerangka Kebijakan SLB perusahaan dan memenuhi                      which complies with the company's SLB Policy Framework and
persyaratan yang relevan. Kerangka Kebijakan SLB juga telah disusun               meets relevant requirements. The SLB Policy Framework has also
sebagai panduan u n t u k m e n g i m p l e m e n t a s i k a n k o m i t m e n   been developed as a guide for implementing the company's
keberlanjutan perusahaan, selaras dengan tujuan pembangunan                       sustainability commitments, in line with national sustainable
berkelanjutan (SDGs) nasional.                                                    development goals (SDGs).

Tanggung Jawab Ahli Keberlanjutan | Responsibilities of Sustainability Experts
Tanggung jawab ahli keberlanjutan adalah melakukan reviu atas                     The sustainability expert's responsibility is to review the 2025 SLB
Laporan Pencapaian SLB 2025 dan Kerangka Kebijakan SLB                            Achievement Report and the SLB Policy Framework based on
berdasarkan prinsip-prinsip keuangan berkelanjutan dan POJK 18                    sustainable finance principles and POJK 18 of 2023. This review
tahun 2023. Reviu ini mencakup:                                                   includes:


        kinerja ekonomi                     kinerja sosial                      kinerja lingkungan              indeks pojk & standar gri
                                                                           environmental performance                                             7        129
     economic performance                social performance                                                     pojk & gri standard index
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                                     Strengthening                     Advancing
                                     FoundationS Progress                                                          2025 Sustainability Report




      1.   Kesesuaian antara komitmen dalam kerangka kebijakan dengan                 1.    Alignment between commitments in the policy framework and
           pencapaian yang dilaporkan.                                                      reported achievements.
      2.   Pencapaian Indikator Kinerja Utama (IKU) dan Target Kinerja                2.    Achievement of established Key Performance Indicators (IKU)
           Keberlanjutan (TKK) yang telah ditetapkan.                                       and Sustainability Performance Targets (TKK).
      3.   Metode penghitungan pengurangan emisi (kgCO2eq)                            3.    Method for calculating emission reductions (kgCO2eq) based
           berdasarkan IPCC 2006.                                                           on the IPCC 2006.
      4.   Mekanisme verifikasi dan pelaporan yang transparan.                         4.    Transparent verification and reporting mechanisms.
      5.   Kesesuaian dengan regulasi yang berlaku, khususnya POJK                    5.    Compliance with applicable regulations, particularly POJK No.
           Nomor 18 Tahun 2023.                                                             18 of 2023.
      6.   Kesesuaian     dengan capaian Sustainable Development Goals                6.    Compliance with the achievements of the National Sustainable
           (SDGs) Nasional.                                                                 Development Goals (SDGs).


      Hasil Reviu | Review Results
      Hasil reviu atas Sustainability-Linked Bond Report 2025 PT SPINDO               The results of the review of PT SPINDO's 2025 Sustainability Linked
      atas pencapaian terhadap IKU dan TKK, berdasarkan Laporan                       Bond Report on the achievements of the IKU and TKK, based on the
      Pencapaian SLB periode Januari-Desember 2025, rincian                           SLB Achievement Report for the January-December 2025 period, the
      pencapaiannya adalah sebagai berikut:                                           details of the achievements are as follows:


      1.   Strategi pencapaian IKU dan TKK pada tahun kedua yaitu                     1.    The strategy for achieving IKU and TKK in the second year is
           pemasangan solar cell kapasitas (kWp) sesuai target 2025                         the installation of Solar Cell capacity (kWp) according to the
           (Tahun ke-2) adalah 715 kWp pada Kerangka Kebijakan SLB PT                       2025 target (Year 2) of 715 kWp in the PT SPINDO Tbk SLB
           SPINDO Tbk, realisasi (Jan-Des 2025) sebesar 4.122,37 kWp.                       Policy Framework, realization (Jan-Dec 2025) of 4,122.37
      2.   Target pengurangan emisi karbon (kgCO2eq) tahun kedua                            kWp.
           (tahun ke-2) adalah 895.752 kgCO2eq, realisasi Jan-Des 2025                2.    The target for reducing carbon emissions (kgCO2eq) for the
           adalah 3.706.193,74 kgCO2eq yang tertulis di laporan tahunan                     second year (year 2) is 895,752 kg CO2eq, the realization for
           halaman 5, hasil reviu menunjukkan bahwa dengan realisasi                        Jan-Dec 2025 is 3.706.193,74 kgCO2eq as written in the
           4.122,37 kWp maka perhitungan emisi dengan faktor emisi 0,87                     annual report on page 5, the review results show that with the
           menghasilkan 3.706.193,74 kgCO2eq per tahun, atau                                realization of 4,122.37kWp, the emission calculation with an
           mengalami peningkatan sebesar 313,75% dari target tahun                          emission factor of 0.87 produces 3,706,193.74 kgCO2eq per
           kedua, yang tertulis sebesar 476% (Halaman 5 Laporan                             year, or an increase of 313.75% from the second year target,
           Tahunan).                                                                        which is written at 476% (Page 5 of the Annual Report).
      3.   Pencapaian IKU dan TKK pada tahun kedua tersebut                           3.    The achievement of IKU and TKK in the second year is based on
           berdasarkan tindakan yang dilakukan untuk pencapaian melalui                     the actions taken to achieve this through the installation of solar
           pemasangan kapasitas solar cell di unit 3 dari kapasitas 715 kWp                 cell capacity in unit 3 with a capacity of 715 kWp in September
           pada September 2025 dan pemasangan solar cell di unit 1 dan 2                    2025 and the installation of solar cells in units 1 and 2 with a
           dengan kapasitas 615,75 kWp dan 759kWp pada November                             capacity of 615.75 kWp and 759 kWp in November 2025. The
           2025. Target lokasi pemasangan untuk penambahan kapasitas                        target installation location for additional solar cell capacity in
           solar cell di unit 1, 2, dan unit 3 telah sesuai dengan target Lokasi            units 1, 2, and 3 is in accordance with the installation location
           pemasangan dalam Kerangka Kebijakan SLB PT SPINDO tbk.                           target in the PT SPINDO tbk SLB Policy Framework.
      4.   Pencapaian yang melebihi target IKU tahun kedua mendukung                  4.    Achievements that exceed the second year's IKU target
           capaian SDGs nomor 4, 5, 6, 7, 8, 9, 11, 12, dan 13. PLTS juga                   support the achievement of SDGs numbers 4, 5, 6, 7, 8, 9, 11,
           berkontribusi untuk capaian SDG 17 dimana penerapan PLTS                         12, and 13. PLTS also contributes to the achievement of SDG
           secara luas memerlukan sinkronisasi aturan antara penyedia                       17 where the widespread implementation of PLTS requires
           energi nasional (seperti PLN), regulator (Pemerintah), dan pihak                 synchronization of regulations between national energy
           swasta.                                                                          providers (such as PLN), regulators (Government), and the
                                                                                            private sector.




                                  TEntang kami              strategi keberlanjutan                 Profil Perusahaan                tata kelola keberlanjutan
130        7                        about us                sustainability strategy                Corporate Profile                  corporate governance
Page 139
                                                               Strengthening                       Advancing

LAPORAN keberlanjutan 2025
                                                               FoundationS Progress


Secara keseluruhan, PT SPINDO Tbk telah menunjukkan kinerja yang                      Overall, PT SPINDO Tbk has demonstrated excellent performance in
sangat baik dalam memenuhi komitmen SLB-nya. Keberhasilan                             meeting its SLB commitments. The company's success in exceeding
perusahaan dalam melampaui target IKU dan Target Kinerja                              its ambitious IKU and Sustainability Performance Targets (TKK)
Keberlanjutan yang ambisius membuktikan bahwa strategi                                proves that the sustainability strategy implemented is effective and
keberlanjutan yang diterapkan efektif dan selaras dengan tujuan bisnis                aligned with the company's business objectives.
perusahaan.

                                                                    Jakarta, 20 Februari 2026
                                                                  Jakarta, February 20th, 2026




                             Dr. Triarko Nurlambang, MA                                                        Dr. Sri Mariati




Ringkasan Pencapaian Indikator Kinerja Utama | KPI (Key Performance Indicators) Achievement Summary
              Target 2025 | 2025 Target             Pencapaian 2025 | 2025 Achievement               Peningkatan                            Tindakan
                                                                                                      Kapasitas                               Action
 Kapasitas       Perkiraan Pengurangan         Kapasitas | Capacities      Perkiraan Pengurangan       Increase                               Taken
 Capacities   Emisi Karbon | Estimate Carbon          [kWp]             Emisi Karbon | Estimate Carbon Capacities
  [kWp]       Emission Reduction [kg CO₂ eq]                            Emission Reduction [kg CO₂eq]

   715                 895.752                      4.122,37                  5.164.505,14               476        Ÿ    Penambahan kapasitas solar cell Plant 6 dari
                                                                                                                         340 kWp menjadi 650 kWp per Oktober 2024
                                                                                                                    Ÿ    Pemasangan solar cell di Plant 5 dengan
                                                                                                                         kapasitas 1.030 kWp per Juli 2024.
                                                                                                                    Ÿ    Pemasangan solar cell di Plant 3 dengan
                                                                                                                         kapasitas 715 kWp per September 2025.
                                                                                                                    Ÿ    Pemasangan solar cell di Plant 1 dan 2 dengan
                                                                                                                         kapasitas 615,75 kWp dan 759 kWp per
                                                                                                                         November 2025.
                                                                                                                    Ÿ    Addition of solar cell capacity Plant 6 from
                                                                                                                         340 kWp to 650 kWp as of October 2024.
                                                                                                                    Ÿ    Installation of solar cells in Plant 5 with a
                                                                                                                         capacity of 1.030 kWp as of July 2024.
                                                                                                                    Ÿ    Installation of solar cells in Plant 3 with a
                                                                                                                         capacity of 715 kWp as of September 2025.
                                                                                                                    Ÿ    Installation of solar cells in Plant 1 and 2 with a
                                                                                                                         capacity of 615,75 kWp and 759 kWp as of
                                                                                                                         November 2025.


Dengan capaian yang melampaui target yang telah ditetapkan,                           By exceeding its targets, the Company has not only fulfilled its
Perseroan tidak hanya memenuhi kewajiban SLB, tetapi juga                             Sustainability-Linked Bond (SLB) commitments but has also
menegaskan dedikasinya dalam mewujudkan masa depan yang lebih                         reaffirmed its dedication to advancing a greener and more
hijau dan berkelanjutan. Komitmen kuat ini menunjukkan kontribusi                     sustainable future. This achievement reflects the Company’s strong
positif Perseroan terhadap upaya mitigasi perubahan iklim serta                       commitment and positive contribution to climate change mitigation
pengelolaan sumber daya secara bertanggung jawab.                                     efforts and responsible resource management.




        kinerja ekonomi                      kinerja sosial                         kinerja lingkungan                  indeks pojk & standar gri
                                                                               environmental performance                                                            7          131
     economic performance                 social performance                                                            pojk & gri standard index
Page 140
                                      Strengthening                       Advancing
                                      FoundationS Progress                                                             2025 Sustainability Report




      Pemanfaatan Air [F.8][303]
      Water Utilization


      Perusahaan membutuhkan air, baik untuk proses produksi maupun                      The company requires water for its manufacturing processes as well
      untuk aktivitas dan kebutuhan operasional lainnya. Perseroan                       as for various operational necessities. The company sources water
      memanfaatkan air berupa air tanah, air permukaan dan juga air dari                 from groundwater, surface water, and the local drinking water
      perusahaan daerah air minum (PDAM)                     . Pada tahun 2025,          company (PDAM) [303-1]. In 2025, the company reported a total water
                                                   [303-1]



      Perseroan mencatatkan penggunaan air sebanyak                  129.748 m3,         consumption of 129.748 m3, which reflects a 4.9% decrease from
      menurun 4,9% dibandingkan dengan tahun 2024 yang tercatat                          2024's usage of 136,386 m3 [303-3].
      sebesar 136.386 m3 [303-3].




                        Area Pabrik | Plant Area                                                        Jumlah Pemakaian | Total Usage

                                                                                         2025                             2024                       2023

       Air Permukaan (DAS, sungai, danau, dan laut)[303-3] | Surface Water (DAS, river, lake, and sea) [m3]

              Plant 3                                                                      22.529                          41.674                     45.194
              Plant 4                                                                      41.473                          22.029                     24.409
                                                                                                                                                              .
       Sumber Air Lainnya (Contoh: Pembelian dari pihak ketiga)[303-3] | Other Water Sources (Example: Purchase from third party) [m3]

              Plant 1                                                                      24.417                          31.040                     33.417
              Plant 2                                                                      13.944                          16.434                     10.118
              Plant 5                                                                      12.875                          13.550                     14.929
              Plant 6                                                                      14.510                          11.659                       8.660
              Total                                                                      129.748                          136.386                    136.727




      Efisiensi Pemakaian Air | Water Usage Efficiency [303-4, 303-5]

      Keseluruhan pemanfaatan, baik pengambilan maupun penggunaan,                       The overall utilization, both for retrieval and usage, has followed all
      telah mengikuti segala ketentuan dan aturan yang berlaku.                          the applicable provisions and regulations. We constantly make sure
      Pemanfaatan air dilakukan seefisien mungkin dengan tetap                            that the use of water is as efficient as possible while continuing to
      melakukan berbagai upaya penghematan. Upaya-upaya yang kami                        carry out other conservation efforts. We continue
      lakukan untuk mengoptimalkan dan mengurangi penggunaan air                         to optimize and reduce water usage by:
      adalah:                                                                            1. Utilizing used-water to water roadway and park (green zone).
      1. Pemanfaatan air bekas pakai untuk penyiraman jalan dan taman                    2. Utilizing rain water as primary water source.
          (area hijau).                                                                  3. Constructing infiltration well and bio pore infiltration pore in the
      2. Pemanfaatan air hujan untuk sumber air baku.                                       office and factory areas.
      3. Pembuatan sumur resapan dan lubang biopori di perkantoran                       4. Installation of measuring instruments for water usage in all
          dan pabrik.                                                                       facilities of the Company.
      4. Pemasangan alat pengukur penggunaan air di seluruh fasilitas                    5. Installation of Water Treatment Plant to process water recycle.
          Perseroan.
      5. Instalasi Water Treatment Plant untuk proses daur ulang air.




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Emisi dan Gas Buang [F.11][305]
Emission and Exhaust Gasses


Emisi Gas Rumah Kaca (GRK) adalah kontributor utama bagi                     Greenhouse Gasses (GHG) emissions are a major contributor to
perubahan iklim dan diatur oleh 'Konvensi Kerangka Kerja Perubahan           climate change and are governed by the United Nations (UN)
Iklim' Perserikatan Bangsa-Bangsa (PBB) dan 'Protokol Kyoto' PBB.            ‘Framework Convention on Climate Change’ and the subsequent UN
Emisi GRK adalah sebagai berikut:                                            ‘Kyoto Protocol’. GHG emissions are as follows:[305-6]
                                    [305-6]



Ÿ Karbon dioksida (Co2)                                                      Ÿ Carbon dioxide (Co2)
Ÿ Metana (Ch4)                                                               Ÿ Methane (Ch4)
Ÿ Dinitrogen oksida (N2O)                                                    Ÿ Nitrous oxide (N2O)
Ÿ Hidrofluorokarbon (HFC)                                                     Ÿ Hydrofluorocarbons (HFCs)
Ÿ Perfluorokarbon (PFC)                                                       Ÿ Perfluorocarbons (PFCs)
Ÿ Sulfur heksafluorida (Sf6)                                                  Ÿ Sulphur hexafluoride (Sf6)
Ÿ Nitrogen trifluorida (Nf3)                                                  Ÿ Nitrogen trifluoride (Nf3)


Beberapa GRK, termasuk metana, juga merupakan polutan udara                  Some GHGs, including methane, are also air pollutants that have
yang memiliki dampak negatif signifikan terhadap ekosistem, kualitas          significant adverse impacts on ecosystems, air quality, agriculture,
udara, pertanian, serta kesehatan manusia dan hewan. [305-6]                 and human and animal health. [305-6]


Polutan seperti Nitrogen Oksida (NOX) dan sulfur oxides (SOX) memiliki       Pollutants such as Nitrogen Oksida (NOX) and sulfur oxides (SOX) have
efek buruk pada iklim, ekosistem, kualitas udara, habitat, pertanian,        adverse effects on climate, ecosystems, air quality, habitats,
serta kesehatan manusia dan hewan. Penurunan kualitas udara,                 agriculture, and human and animal health. Deterioration of air quality,
peningkatan keasaman, degradasi hutan dan masalah kesehatan                  acidification, forest degradation and public health concerns have led
masyarakat telah menuntun pada adanya peraturan lokal dan                    to local and international regulations to control emissions of these
internasional untuk mengontrol emisi-emisi polutan tersebut. [305-7]         pollutants. [305-7]


Penurunan dalam emisi polutan yang diregulasi menyebabkan                    Reductions in the emission of regulated pollutants lead to improved
adanya kondisi kesehatan yang lebih baik bagi pekerja dan                    health conditions for workers and local communities and can enhance
masyarakat lokal serta dapat meningkatkan hubungan dengan para               relations with affected stakeholders. In regions with emission caps,
pemangku kepentingan yang terkena dampak. Di daerah-daerah                   the volume of emissions also has direct cost implications.
yang memiliki batasan emisi, volume emisi juga memiliki implikasi
langsung pada biaya.


Emisi udara yang signifikan lainnya mencakup, misalnya, polutan               Other significant air emissions include, for example, persistent
organik yang persisten atau materi partikulat, serta emisi udara yang        organic pollutants or particulate matter, as well as air emissions that
diatur dalam konvensi internasional dan/atau undang-undang atau              are regulated under international conventions and/or national laws or
peraturan nasional.                                                          regulations.


Emisi yang diukur dibagi menjadi dua kategori, yakni emisi tidak             Emission sources we measure is divided into two categories,
bergerak yang mayoritas berasal dari penggunaan aktivitas pabrik,            immobile emission sources mostly coming from factory activities and
dan emisi bergerak yang berasal dari aktivitas kendaraan                     mobile emission source from the activity of transportation vehicles
pengangkut, serta peralatan bergerak lainnya. Apabila ditemukan              and other mobile equipment. In the event of a discrepancy against the
ketidaksesuaian dengan parameter ideal, maka fungsi terkait akan             ideal parameters then the related function will make a correction with
mengoreksinya dengan NCR (Non-conformity report) atau RTP                    NCR (Non-Conformity report) or Corrective Action Plan (CPA). NCR
(Rencana Tindakan Perbaikan). NCR digunakan ketika ada hasil                 is used when a finding emerges during the audit process, while CAP
temuan pada saat dilakukan proses audit, sedangkan RTP digunakan             is used for incidental findings or conjecture.
untuk temuan insidentil dan atau masih dalam tahap dugaan.




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                                    Tabel Pengukuran Emisi Tahun 2025 | Table of Emission Measurement in 2025

       Sumber Emisi | Emission Sources        Nitrogen Oxides,NOx Sulphur Dioxide,SO2 Carbon Monoxide,CO Dust, Particulate Opacity [%]
                                                    [mg/Nm3]           [mg/Nm3]            [mg/Nm3]         [mg/Nm3]

       Emisi Sumber Tidak Bergerak | Immobile Source Emission

       Cerobong Boiler 301                            76                          24                      -                    -                 -
       Boiler Smokestack 301
       Cerobong Boiler 302                            59                          16                      -                    -                 -
       Boiler Smokestack 302
       Cerobong Galvanizing 302                      110                          28                      -                    -                 -
       Galvanizing Smokestack 302
       Emisi Genset U4                               1364                         3                       -                    -                 -
       Generator emission U4

       Emisi Sumber Bergerak | Mobile Source Emission

       Forklift U3                                     -                          -                       -                    -               36,8
       Truck/Trailer U4                                -                          -                       -                    -               35,3




      Upaya Pengurangan Emisi | Efforts to Reduce Emission [F.12][305-5]

      SPINDO telah melakukan upaya pengurangan emisi di seluruh                    SPINDO has implemented emission-reduction initiatives across its
      lingkungan kerja yang meliputi wilayah kantor, wilayah produksi, dan         work environment, including office areas, production facilities, and
      wilayah warehouse.                                                           warehouses.

      1. Penambahan penggunaan solar cell di Plant 1, 2 dan 3 | Additional installation of solar cells was carried out in Plant 1, 2, and 3.




                                    PLANT 1                                            PLANT 2                                       PLANT 3

      2. Program penghijauan dengan penanaman pohon-pohon di lingkungan perusahaan sebagai upaya mengurangi emisi karbon yang
         dihasilkan karena aktivitas produksi perusahaan | A reforestation program involving tree planting within the company’s premises to help
         reduce carbon emissions generated by production activities.




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Membangun Keterlibatan Karyawan SPINDO Dalam Menjaga Lingkungan
Enhancing Employee Engagement at SPINDO in Environmental Sustainability


   5R AWARD 2025
Dalam rangka menciptakan lingkungan kerja yang aman, nyaman,            To create a safe, comfortable, and productive work environment, PT
dan produktif, PT Steel Pipe Industry of Indonesia Tbk secara           Steel Pipe Industry of Indonesia Tbk consistently implements the 5R
berkelanjutan menerapkan budaya kerja 5R (Ringkas, Rapi, Resik,         work culture—Ringkas, Rapi, Resik, Rawat, and Rajin—across all
Rawat, dan Rajin) di seluruh Plant kerja. Budaya 5R merupakan           work Plants. The 5R culture serves as a fundamental foundation for
fondasi penting yang mendukung efisiensi operasional, kualitas kerja,    enhancing operational efficiency, work quality, and occupational
serta keselamatan dan kesehatan kerja di lingkungan perusahaan.         health and safety within the company.


Sebagai perusahaan manufaktur pipa baja, SPINDO menyadari               As a steel pipe manufacturing company, SPINDO recognizes that a
bahwa lingkungan kerja yang bersih, tertata, dan terstandarisasi        clean, well-organized, and standardized work environment is
merupakan faktor penting dalam menghadapi tantangan operasional         essential to addressing increasingly complex operational challenges.
yang semakin kompleks. Oleh karena itu, diperlukan upaya bersama        Therefore, strong collaboration is required to ensure that all work
untuk memastikan bahwa seluruh Plant kerja menerapkan prinsip 5R        Plants consistently and sustainably apply the 5R principles.
secara konsisten dan berkelanjutan.


Sebagai bentuk evaluasi, apresiasi, dan pembinaan terhadap              As a form of evaluation, recognition, and coaching for the
implementasi budaya kerja tersebut, perusahaan menyelenggarakan         implementation of this work culture, the Company organized the
Lomba 5R Tahun 2025. Kegiatan ini diharapkan dapat meningkatkan         2025 5R Competition. This initiative aimed to increase collective
kesadaran kolektif karyawan, menumbuhkan semangat berinovasi,           employee awareness, encourage innovation, and strengthen a sense
serta memperkuat rasa memiliki terhadap lingkungan kerja di seluruh     of ownership of the work environment at all levels of the organization.
level organisasi.


Pelaksanaan Lomba 5R Tahun 2025 diawali dengan penyusunan               The implementation of the 2025 5R Competition began with the
perencanaan kegiatan yang meliputi penentuan ruang lingkup              preparation of a comprehensive activity plan, which included defining
penilaian, pembentukan panitia pelaksana, serta penyusunan              the assessment scope, establishing an organizing committee, and
anggaran dan jadwal kegiatan. Panitia lomba dibentuk dengan             developing the budget and activity schedule. The competition
melibatkan perwakilan dari berbagai Plant kerja agar kegiatan dapat     committee was formed with representatives from various work
berjalan secara objektif dan terkoordinasi.                             Plants to ensure the activities were carried out objectively and in a
                                                                        well-coordinated manner.



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                                                                  environmental performance                                               7       135
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      Ruang lingkup penilaian Lomba 5R mencakup area kantor, produksi,                The assessment scope covered office, production, and warehouse
      serta warehouse yang meliputi berbagai fasilitas pendukung                      areas, including various operational support facilities. Each work
      operasional perusahaan. Setiap Plant kerja dinilai berdasarkan                  Plant was evaluated based on its implementation of the 5R
      penerapan prinsip Ringkas, Rapi, Resik, Rawat, dan Rajin sesuai                 principles—Tidy, Neat, Clean, Maintain, and Diligent—in accordance
      dengan standar yang telah ditetapkan.                                           with established standards.


      Selama pelaksanaan lomba yang diadakan pada bulan Juli hingga                   During the competition period, which ran from July to November 2025,
      November 2025, tim penilai melakukan observasi dan evaluasi secara              the assessment team conducted direct observations and evaluations of
      langsung terhadap kondisi lingkungan kerja di masing-masing Plant.              work environment conditions in each Plant. The assessment process
      Proses penilaian berlangsung secara tertib dan transparan dengan                was carried out in an orderly and transparent manner to provide a clear
      tujuan memberikan gambaran nyata mengenai tingkat penerapan                     overview of the level of 5R culture implementation across the SPINDO
      budaya 5R di lingkungan kerja SPINDO. Seluruh rangkaian kegiatan                workplace. The successful execution of the 2025 5R Competition was
      Lomba 5R Tahun 2025 dapat terlaksana dengan baik berkat dukungan                made possible through strong management support and the active
      manajemen serta partisipasi aktif dari seluruh Plant kerja.                     participation of all work Plants.




                          Pemenang Lomba 5R tahun 2025 | Winners of the 2025 5R Competition

                 Peringkat                         Wilayah Kantor                          Wilayah Produksi                   Wilayah Warehouse
                  Impact                            Office Area                            Production Area                     Warehouse Area

                      1                                 Plant 5                                  Plant 5                              Plant 5

                      2                     [SJO] SPINDO Jakarta Office                           Plant 6                              Plant 7

                      3                                 Plant 4                                  Plant 2                              Plant 6




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Keanekaragaman Hayati [F.9, F.10][304]
Biodiversities

Seluruh lokasi operasi yang dimiliki oleh Perseroan berada di               All operating locations owned by the Company are located in
kawasan pengembangan industri dan lahan yang diatur berdasarkan             industrial development areas and land which are regulated based on
Rencana Tata Ruang Wilayah, sehingga telah dipastikan tidak                 the Regional Spatial Plan, so that it is certain that they will not have an
berdampak terhadap kerusakan lingkungan, dan hal ini telah sesuai           impact on environmental damage, and this is in accordance with the
ketentuan peraturan dan perundang-undangan pemerintah                       provisions of the laws and regulations of the Indonesian government
Indonesia                  .                                                           .
            [F.9][304-1]                                                    [F.9][304-1]




Upaya untuk menjaga ekosistem di lingkungan pabrik dilakukan                Efforts to maintain the ecosystem in the factory environment are
dengan memberikan Ruang Terbuka Hijau sebesar 30% sesuai                    carried out by providing Green Open Space of 30% in accordance
ketentuan peraturan dan perundang-undangan pemerintah. Selain itu,          with government regulations and laws. In addition, to provide a
untuk memberikan kenyamanan lingkungan bagi seluruh karyawan                comfortable environment for all employees and workers, a greening
dan pekerja dilakukan program penghijauan dengan penanaman                  program was carried out by planting trees and plants around the
pohon dan tanaman di sekitar wilayah operasional               .
                                                   [F.10][304-2]
                                                                            operational area [F.10][304-2].




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                                                                     environmental performance                                                   7        137
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      Pengelolaan Limbah Berbahaya [F.13, F.14][306]
      Disposal Method of Hazardous Waste


      Dampak Operasional Terhadap Lingkungan | Operational Impact to Environment
                                                                                                                                       [F.9][306-1]




      Dalam menjalankan kegiatan operasionalnya, Perseroan telah                         In carrying out its operational activities, the Company has complied
      mematuhi peraturan dan perundang-undangan pemerintah                               with the laws and regulations of the Indonesian government. Until the
      Indonesia. Hingga akhir tahun 2025, tidak terdapat laporan tentang                 end of 2025, there were no reports of negative environmental
      dampak negatif lingkungan dari masyarakat sekitar wilayah operasi                  impacts from the communities around the Company's operational
      Perseroan. Berikut identifikasi dampak operasional terhadap                         areas. The following identifies operational impacts on the
      lingkungan:                                                                        environment:

                         Dampak operasional terhadap lingkungan tahun 2025 | Operational impacts on the environment in 2025

                       Dampak                                                 Sumber Dampak                                          Strategi Penanganan
                        Impact                                                 Impact Source                                          Treatment Strategy

       Penurunan kualitas udara, berupa peningkatan Operasional pabrik                                     Ÿ   Merawat mesin dan alat produksi agar berfungsi optimal.
       kadar debu dan polusi pada udara ambien             Plant Operations                                Ÿ   Maintaining machine and production equipment to
       Decrease in air quality, in the form of increased                                                       function optimally.
       level of dust and pollution in ambient air                                                          Ÿ   Mengukur emisi yang dihasilkan secara berkala.
                                                                                                           Ÿ   Measure the emission produced regularly.


       Peningkatan kebisingan, berupa perubahan Operasional pabrik                                         Ÿ   Melakukan aktivitas bisnis yang berpotensi menimbulkan
       tingkat kebisingan                                  Plant Operations                                    kebisingan hanya sepanjang jam operasional normal.
       Increased noise, in the form of changes in level                                                    Ÿ   Conduct business activities that have the potential to
       of noise                                                                                                cause noise only during normal operating hours.


       Pertambahan jumlah penduduk di sekitar area Kebutuhan sumber daya manusia untuk Ÿ                       Mengoptimalkan penggunaan sumber daya manusia
       operasi                                             operasional                                         lokal.
       Population growth around the operating area         The need for human resources for operations     Ÿ   Optimizing the use of local human resources.




      Limbah yang Dialihkan dari / Dikirimkan ke Pembuangan Akhir |
      Waste Diverted from / Directed to Disposal
                                                 [306-4, 306-5]]



      Kegiatan pengelolaan limbah B3 di SPINDO telah sesuai dengan                       B3 waste management activities at SPINDO comply with the
      peraturan perundangan yang berlaku.                                                applicable laws and regulations.


      Perseroan sebagai pihak penghasil limbah B3 wajib melakukan                        The company as the party producing the B3 waste is required to
      pengelolaan limbah B3 dengan melakukan penyimpanan sementara                       manage the B3 waste by temporarily storing the B3 waste. In the B3
      limbah B3. Dalam kegiatan penyimpanan limbah B3, Perseroan telah                   waste storage activities, the Company has complied with the
      memenuhi standar atau rincian teknis limbah B3. dan telah memiliki                 standards or technical details of the B3 waste, and has a permit for
      ijin penyimpanan TPS B3 yang dikeluarkan oleh instansi yang                        the storage of B3 TPS issued by the competent authority.
      berwenang.


      Selanjutnya limbah B3 tersebut dikelola ke pihak ketiga (Pemanfaat /               Then the B3 waste is managed by a licensed third party (User /
      Pengumpul, / Pengolah Limbah B3) yang berijin melalui pihak                        Collector / B3 Waste Processor) through a licensed transporter.
      pengangkutan yang berijin.



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Pengelolaan Dampak yang Signifikan Terkait Limbah |
Management of Significant Waste-Related Impact
                                              [306-2, 306-3]




Jumlah dan Pengelolaan Limbah Kegiatan operasi produksi                Total and Disposal Method of Waste Production activities involve
melibatkan bahan baku kimia yang menghasilkan limbah. Yang             chemical material that produces waste which if improperly managed
apabila tidak dikelola dapat berpotensi mencemari lingkungan.          could potentially contaminate the environment. SPINDO prioritizes
SPINDO mengedepankan kepatuhan terhadap ketentuan hukum                compliance with the prevailing legal provision in managing and
yang berlaku dalam mengelola dan mengolah limbah.                      process wastes.


                     Kategori Limbah Berdasarkan Bentuk [Ton] [306-2, 306-3] | Waste Category Based on Form [Tonnage]


 Kategori                         Jenis                             Pengelolaan [306-2]                         Jumlah [306-3] | Total
 Category                         Type                                 Handling
                                                                                                      2025           2024                2023

Limbah Cair      HCL cair | Liquid HCL                         Dikelola oleh pihak ketiga.            893,5          953,04          742,08
Liquid Waste                                                   Managed by third party.
                 Asam bekas, pickling |                        Dikelola oleh pihak ketiga.            585,1          552,82          374,42
                 Waste Acid, pickling                          Managed by third party.
                 H2SO4 cair | Liquid H2SO4                     Dikelola oleh pihak ketiga.            516,6          509,62          564,65
                                                               Managed by third party.


Limbah Padat     Accu/baterai Bekas |                          Dikelola oleh pihak ketiga.              2,0           1,21               0,76
Solid Waste      Waste Accu/Battery                            Managed by third party.
                 Kemasan bekas, terkontaminasi B3              Dikelola oleh pihak ketiga.            36,1           40,72           33,11
                 Used packaging, contaminated with B3          Managed by third party.
                 Majun bekas / Sarung tangan bekas             Dikelola oleh pihak ketiga.           100,2          108,35           91,12
                 Used rag / Used Gloves                        Managed by third party.
                 Elektronik bekas (Lampu TL, Lampu LED,        Dikelola oleh pihak ketiga.              0,6           1,42               2,87
                 Bohlam, PCB, MCB)                             Managed by third party.
                 Used electronics material (TL lamp, LED
                 Bulb, PCB, MCB
                 Sludge Carbon                                 Dikelola oleh pihak ketiga.           259,0          233,12           274,70
                                                               Managed by third party.




Tumpahan | Spill
                       [F.15]



Pada tahun 2025, tidak terdapat laporan tentang tumpahan bahan         In 2025, there were no reports of spills of chemicalsmaterial and other
kimia dan bahan berbahaya lainnya yang dapat berpotensi                hazardous materials that might influence the land, water, air,
mempengaruhi tanah, air, udara, keanekaragaman hayati, dan             biodiversity and human health.
kesehatan manusia.




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      Ketidakpatuhan Terhadap Undang-Undang
      dan Peraturan Lingkungan Hidup [F.16][307-1]
      Non-Compliance With Environmental Laws and Regulations


      Dalam menjaga kinerja keberlanjutan, Manajemen selalu terbuka                      In maintaining sustainability performance, management remains
      dalam setiap usulan dan masukan yang membangun. Termasuk                           open to any constructive suggestions and feedback. This includes
      pengaduan terhadap adanya indikasi ketidaksesuaian antara aturan                   complaints regarding any indication of non-compliance between
      dan tindakan di dalam operasional yang berkaitan dengan                            regulations and actions within operations related to environmental
      lingkungan. Saran, masukan, dan laporan dapat disampaikan                          matters. Suggestions, feedback, and reports can be submitted either
      langsung ataupun melalui alamat resmi yang tercantum dalam                         directly or through the official address provided in this report.
      laporan ini.


      Sepanjang 2025, SPINDO tidak pernah menerima laporan dan                           Throughout 2025, SPINDO has not received any reports or
      pengaduan dari masyarakat maupun pihak berwenang terkait                           complaints from the public or authorities concerning disruptions to
      gangguan keanekaragaman hayati dan habitat di dalam badan air                      biodiversity and habitats in water bodies, or other issues related to
      maupun hal-hal yang terkait dengan pengelolaan lingkungan lainnya              .   environmental management [F.16].
                                                                                [F.16]




      Upaya Perseroan terkait kepatuhan terhadap Undang-Undang dan                       The Company's efforts in ensuring compliance with environmental
      Peraturan Lingkungan Hidup telah mendapat apresiasi dari pemerintah                laws and regulations have been acknowledged by the government
      dengan memperoleh sertifikasi sebagai berikut :                                     through the receipt of the following certifications:



       No.              Sertifikasi                                Plant                                                  Keterangan
                       Certification                               Plants                                                 Description
      1.       PROPER                             Plant 1,                                   memperoleh PROGRAM PENILAIAN PERINGKAT KINERJA
                                                  Rungkut, Surabaya, Jawa Timur;             PERUSAHAAN DALAM PENGELOLAAN LINGKUNGAN
                                                  Plant 3,                                   HIDUP dengan predikat peringkat “BIRU” dari Kementerian
                                                  Warugunung, Surabaya, Jawa Timur;          Lingkungan Hidup & Kehutanan Republik Indonesia.
                                                  Plant 5,                                   Obtained the “Corporate Performance Rating Assessment
                                                  Karawang, Jawa Barat;                      Program in Environmental Management” with a "BLUE" rating
                                                  Plant 6,                                   from the Ministry of Environment & Forestry of the Republic of
                                                  Sidoarjo, Jawa Timur.                      Indonesia.


      2.       ISO 14001:2015                     Plant 3,                                   Sertifikasi Penerapan Sistem Manajemen Lingkungan yang
                                                  Warugunung, Surabaya, Jawa Timur;          diberikan oleh SAI GLOBAL.
                                                  Plant 4,                                   Certification for the implementation of an Environmental
                                                  Pasuruan, Jawa Timur.                      Management System is offered by SAI GLOBAL.


      3.       Industri Hijau - Industri Pipa     Plant 3,                                   Sertifikasi Industri Hijau yang diterbitkan oleh Lembaga
               Baja Elektric Resistence           Warugunung, Surabaya, Jawa Timur           Sertifikasi Industri Hijau Balai Standarisasi & Pelayanan Jasa
               Welding Non Otomotif                                                          Industri Surabaya, Kementrian Perindustrian.
               Green Industry - Non-                                                         Green Industry Certification issued by the Green Industry
               Automotive Electric                                                           Certification Institute, Surabaya Industrial Standardization &
               Resistance Welding Steel                                                      Service Center, Ministry of Industry.
               Pipe Industry




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          indeks pojk &
          standar gri
          pojk & gri standard index
                                                         8



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      Indeks POJK [G.4]
      POJK Index

      Daftar Indeks Isi Laporan dengan Peraturan Otoritas Jasa Keuangan              Disclosure List based on POJK No. 51/POJK.03/2017 regarding the
      (POJK) No.51/POJK.03/2017 tentang Penerapan Keuangan                           Implementation of Sustainable Finance for Financial Services
      Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten dan Perusahaan                Institutions, Listed Companies and Public Companies in accordance
      Publik sesuai dengan kriteria pada Surat Edaran Otoritas Jasa                  with the criteria in the Circular Letter of the Financial Services Authority
      Keuangan (SEOJK) No.16/SEOJK.04/2021 tentang Bentuk dan Isi                    (SEOJK) No.16/SEOJK.04/2021 concerning the Form and Contents of
      Laporan Tahunan Emiten atau Perusahaan Publik.                                 the Annual Report of Listed Companies or Public Companies.


       No. Indeks                                                         Nama Indeks                                                                   Halaman
       Nr of Index                                                        Name of Index                                                                  Pages

       A       Strategi Keberlanjutan | Sustainability Strategy                                                                                                   9

       A.1 Penjelasan Strategi Keberlanjutan                                          Sustainability Strategy Explanation                                 2, 10-16

       B       Ikhtisar Kinerja Aspek Keberlanjutan                                   Overview of Sustainability Aspects Performance                              3

       B.1 Aspek Ekonomi                                                              Economic Aspects                                                            3

       B.2 Aspek Sosial                                                               Social Aspects                                                              4

       B.3 Aspek Lingkungan                                                           Environmental Aspects                                                       6

       C       Profil Perusahaan | Company Profile                                                                                                               17

       C.1 Visi, Misi, dan Nilai Keberlanjutan                                        Vision, Mission, and Sustainability Values                            36, 37

       C.2 Alamat Perusahaan                                                          Company’s Address                                                     18, 19

       C.3 Skala Usaha:                                                               Scale enterprises:                                                       30

               a. Total aset atau kapitalisasi dan total kewajiban;                   a. Total assets or assets capitalization and total liabilities;          30

               b. Jumlah karyawan menurut jenis kelamin, jabatan, usia,               b. Total employee based on gender, position,                             30

                  pendidikan, dan status ketenagakerjaan;                                   age, education and employment status;

               c. Nama pemegang saham dan persentase kepemilikan saham; dan c. Percentage of share ownership; and                                           20-23

               d. Wilayah operasional                                                 d. Operational area.                                                  38-43

       C.4 Produk, Layanan, dan Kegiatan Usaha yang Dijalankan                        Products, Services and Business Activities Conducted               18, 24-29

       C.5 Keanggotaan Asosiasi                                                       Association Member                                                       46

       C.6 Perubahan Emiten dan Perusahaan Publik yang Bersifat Signifikan             Significant Changes in Issuers and Public Companies                       31

       D       Penjelasan Direksi | Director Explanation                                                                                                          9

       D.1 Penjelasan Direksi                                                         Directors’ Explanation                                                10-16

       E       Tata Kelola Keberlanjutan | Sustainable Corporate Governance                                                                                    47

       E.1 Penanggung Jawab Penerapan Keuangan Berkelanjutan                          Responsible for the Implementation of Sustainable Finance             52-54

       E.2 Pengembangan Kompetensi Terkait Keuangan Berkelanjutan                     Competency Development related to Sustainable Finance                    55

       E.3 Penilaian Risiko atas Penerapan Keuangan Berkelanjutan                     Risk Assessment on the Implementation of Sustainable Finance          56-58

       E.4 Hubungan dengan Pemangku Kepentingan                                       Stakeholders Relations                                                   60

       E.5 Permasalahan terhadap Penerapan Keuangan Berkelanjutan                     Sustainable Finance Implementation Problems                              60

       F       Kinerja Keberlanjutan | Sustainable Performance                                                                                                 66

       F.1     Kegiatan Membangun Budaya Keberlanjutan                                Activities to Build a Culture of Sustainability                       67-68

               Kinerja Ekonomi | Economic Performance                                                                                                          65

       F.2     Perbandingan Target dan Kinerja Produksi, Portofolio, Target Comparison of Production Target and Performance,                                67, 68

               Pembiayaan, atau Investasi, Pendapatan dan Laba Rugi                   Portfolio, Financing Target, or Investment, Income and

                                                                                      Profit and Loss

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          No. Indeks                                                   Nama Indeks                                                         Halaman
          Nr of Index                                                  Name of Index                                                        Pages

          F.3     Perbandingan Target dan Kinerja Portofolio, Target Pembiayaan, atau Comparison of Portfolio Targets and Performance,                68

                  Investasi pada Instrumen Keuangan atau Proyek yang Sejalan dengan Financing Targets, or Investments in Financial Instruments

                  Keuangan Berkelanjutan                                              or Projects Compatible with Sustainable Finance

                  Kinerja Lingkungan Hidup | Environmental Performance                                                                               119

                  Aspek Umum                                                          General Aspect

          F.4     Biaya Lingkungan Hidup                                              Environmental Cost                                             120

                  Aspek Material                                                      Material Aspect

          F.5     Penggunaan Material yang Ramah Lingkungan                           Use of Environmentally Friendly Materials             122, 123

                  Aspek Energi | Energy Aspect

          F.6     Jumlah dan Intensitas Energi yang Digunakan                         Amount and Intensity of Energy Used                   124-126

          F.7     Upaya dan Pencapaian Efisiensi Energi dan Penggunaan Energi Efforts and Achievements of Energy Efficiency and Use 126-131

                  Terbarukan                                                          of Renewable Energy

                  Aspek Air | Water Aspect

          F.8     Penggunaan Air                                                      Water usage                                                    132

                  Aspek Keanekaragaman Hayati | Aspects of Biodiversity

          F.9     Dampak dari Wilayah Operasional yang Dekat atau Berada di Daerah Impact of Operational Areas Near or Located                       137

                  Konservasi atau Memiliki Keanekaragaman Hayati                      in Conservation Areas or Areas with Biodiversity

          F.10    Usaha Konservasi Keanekaragaman Hayati                              Biodiversity Conservation Effort                      134-136

                  Aspek Emisi | Emission Aspect

          F.11    Jumlah dan Intensitas Emisi yang Dihasilkan Berdasarkan Jenisnya    Amount and Intensity of Emissions Produced by Type    133-134

          F.12    Upaya dan Pencapaian Pengurangan Emisi yang Dilakukan               Emission Reduction Efforts and Achievements                    134

                  Aspek Limbah dan Efluen | Waste and Effluent Aspects

          F.13    Jumlah Limbah dan Efluen yang Dihasilkan Berdasarkan Jenis           Amount of Waste and Effluent Produced by Type                   139

          F.14    Mekanisme Pengelolaan Limbah dan Efluen                              Waste and Effluent Management Mechanism                138, 139

          F.15    Tumpahan yang Terjadi ( jika ada)                                   Spills that Occur (if any)                                     139

                  Aspek Pengaduan Terkait Lingkungan Hidup |                          Aspects of Complaints Related to the Environment

          F.16    Jumlah dan Materi Pengaduan Lingkungan Hidup yang Diterima dan Number and material of environmental complaints                     140

                  Diselesaikan                                                        received and resolved

                  Kinerja Sosial | Social Performance

          F.17    Komitmen untuk Memberikan Layanan atas Produk dan/atau Jasa Commitment to Providing Services for Equal Products 73-76

                  yang Setara kepada Konsumen                                         and/or Services to Consumers

                  Aspek Ketenagakerjaan | Employment Aspect

          F.18    Kesetaraan Kesempatan Bekerja                                       Equal Employment Opportunity                               88, 89

          F.19    Tenaga Kerja Anak dan Tenaga Kerja Paksa                            Child Labor and Forced Labor                                    86

          F.20    Upah Minimum Regional                                               Regional minimum wage                                           86

          F.21    Lingkungan Bekerja yang Layak dan Aman                              Decent and Safe Working Environment                             87

          F.22    Pelatihan dan Pengembangan Kemampuan Pegawai                        Employee Capabilities Training and Development             90-95




     kinerja ekonomi                    kinerja sosial                    kinerja lingkungan                indeks pojk & standar gri
                                                                     environmental performance                                                   8         143
  economic performance               social performance                                                     pojk & gri standard index
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       No. Indeks                                                      Nama Indeks                                                             Halaman
       Nr of Index                                                     Name of Index                                                            Pages

                Aspek Masyarakat | Community Aspect

      F.23 Dampak Operasi Terhadap Masyarakat Sekitar                             Operational Impact on Surrounding Communities                 103-104

      F.24 Pengaduan Masyarakat                                                   Public Complaints                                                  118

      F.25 Kegiatan Tanggung Jawab Sosial Lingkungan (TJSL)                       Environmental Social Responsibility Activities                104-110

                Tanggung Jawab Pengembangan Produk/Jasa Berkelanjutan |           Responsibility for Sustainable Product/Service Development

      F.26 Inovasi dan Pengembangan Produk/Jasa Keuangan Berkelanjutan            Innovation and Development of Sustainable Financial                 70

      F.27 Produk/Jasa yang Sudah Dievaluasi Keamanannya bagi Pelanggan           Products/Services Evaluated for Safety for Customers            73, 74

      F.28 Dampak Produk/Jasa                                                     Product/Service Impact                                              73

      F.29 Jumlah Produk yang Ditarik Kembali                                     Number of Withdrawn Products                                        76

      F.30 Survei Kepuasan Pelanggan Terhadap Produk dan/atau Jasa Customer Satisfaction Survey on Sustainable Financial                              76

                Keuangan Berkelanjutan                                            Products and/or Services

      G         Lain-Lain: | Etc

      G.1       Verifikasi Tertulis dari Pihak Independen                          Written Verification from an Independent Party                 129-131

                Ÿ SDGs Hub Universitas Indonesia                                  Ÿ SDGs Hub, University of Indonesia

      G.2       Lembar Umpan Balik                                                Feedback Sheet                                                     151

      G.3       Tanggapan Terhadap Umpan Balik Laporan Keberlanjutan Tahun Feedback on Previous Year’s Sustainability Report                       63-64

                Sebelumnya                                                        Feedback

      G.4       Daftar Pengungkapan Sesuai Peraturan Otoritas Jasa Keuangan List of Disclosures According to Financial Services Authority       142-144

                Nomor 51/POJK.03/2017 tentang Penerapan Keuangan Regulation Number 51/POJK.03/2017 concerning the

                Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten, dan Implementation of Sustainable Finance for Financial

                Perusahaan Publik.                                                Services Institutions, Issuers, and Public Companies.




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144         8                           about us               sustainability strategy                  Corporate Profile                   corporate governance
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         Indeks Isi Standar GRI [102-55]
         GRI Standard Content Index

                                        Indicator                                                  Uraian                                  Halaman
                                        Indicator                                                Description                                Page



         Pengungkapan Umum | General Disclosure

         102                          102-1         Nama Organisasi                                                                                18
         Profil Organisasi                           Name of the Organisation
         Organisational Profile        102-2         Kegiatan, Merek, Produk, dan Jasa                                                              18
                                                    Activities, Brands, Products, and Services
                                      102-3         Lokasi Kantor Pusat                                                                            18
                                                    Location of Headquarters
                                      102-4         Lokasi Operasi                                                                                 18
                                                    Location of Operations
                                      102-5         Kepemilikan dan Bentuk Hukum                                                                   19
                                                    Ownership and Legal Form
                                      102-6         Pasar yang Dilayani                                                                    18, 24-29
                                                    Markets Served                                                                            38-43
                                      102-7         Skala Organisasi                                                                               30
                                                    Scale of the Organisation
                                      102-8         Informasi Mengenai Karyawan dan Pekerja Lainnya                                           78, 79
                                                    Information on Employees and Other Workers
                                      102-9         Rantai Pasokan                                                                            30-31
                                                    Supply Chain
                                      102-10        Perubahan Signifikan Pada Organisasi dan Rantai Pasokannya                                 30-31
                                                    Significant Changes to the Organisation and Its Supply Chain
                                      102-11        Pendekatan atau Prinsip Pencegahan                                                        49-51
                                                    Precautionary Principle or Approach
                                      102-12        Inisiatif Eksternal                                                                       44-45
                                                    External Initiatives
                                      102-13        Keanggotaan Asosiasi                                                                           46
                                                    Membership of Associations
         102                          102-14        Pernyataan dari Pembuat Keputusan Senior                                                  10-16
         Strategi                                   Statement from Senior Decision-Maker
         Strategy                     102-15        Dampak Penting, Risiko, dan Peluang                                                       10-16
                                                    Key Impacts, Risks, and Opportunities
         102                          102-16        Nilai, Prinsip, Standar, dan Norma Perilaku                                                    49
         Ethics and Integrity                       Values, Principles, Standards, and Norms of Behaviour
         Etika dan Integritas         102-17        Mekanisme untuk Saran dan Masalah Etika                                                   49-51
                                                    Mechanisms for Advice and Concerns About Ethics
         102                          102-18        Struktur Tata Kelola                                                                           52
         Governance                                 Governance Structure
         Tata Kelola                  102-19        Pendelegasian Wewenang                                                                    52-53
                                                    Delegating Authority
                                      102-20        Tanggung Jawab Tingkat Eksekutif untuk Topik Ekonomi, Lingkungan, dan Sosial              54, 55
                                                    Executive-Level Responsibility for Economic, Environmental, and Social Topics
                                      102-21        Konsultasi dengan Para Pemangku Kepentingan Mengenai Topik-Topik Ekonomi,                      60
                                                    Lingkungan, dan Sosial
                                                    Consulting Stakeholders on Economic, Environmental, and Social Topics

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                                                                      environmental performance                                               8         145
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                                      Indicator                                           Uraian                             Halaman
                                      Indicator                                         Description                            Page

                                      102-22      Komposisi Badan Tata Kelola Tertinggi dan Komitenya                                 54
                                                  Composition of the Highest Governance Body and Its Committees
                                      102-23      Ketua Badan Tata Kelola Tertinggi                                                   54
                                                  Chairman of the Highest Governance Body
                                      102-24      Menominasikan dan Memilih Badan Tata Kelola Tertinggi                               54
                                                  Nominating and Selecting the Highest Governance Body
                                      102-25      Konflik Kepentingan                                                                  55
                                                  Conflict of Interest
                                      102-27      Pengetahuan Kolektif Badan Tata Kelola Tertinggi                                    56
                                                  Collective Knowledge of the Highest Governance Body
                                      102-28      Mengevaluasi Kinerja Badan Tata Kelola Tertinggi                                    56
                                                  Evaluating the Highest Governance Body’s Performance
                                      102-30      Efektivitas Proses Manajemen Risiko                                                 56
                                                  Effectiveness of Risk Management Processes
                                      102-35      Kebijakan Remunerasi                                                                59
                                                  Remuneration Policies
      102                             102-40      Daftar Kelompok Pemangku Kepentingan                                                60
      Keterlibatan Pemangku                       List of Stakeholder Groups
      Kepentingan                     102-43      Pendekatan untuk Keterlibatan Pemangku Kepentingan                                  60
      Stakeholder Engagement                      Approach to Stakeholder Engagement
                                      102-44      Topik Utama dan Hal-Hal yang Diajukan                                               60
                                                  Key Topics and Concerns Raised
      102                             102-45      Entitas yang Termasuk dalam Keuangan Konsolidasi                                    60
      Praktik Pelaporan                           Entities Included in the Consolidated Financial Statements
      Reporting Practice              102-46      Menetapkan Isi Laporan dan Batasan Topik                                       61, 62
                                                  Defining Report Content and Topic Boundaries
                                      102-47      Daftar Topik Material                                                          63, 64
                                                  List of Material Topics
                                      102-48      Penyajian Kembali Informasi                                                         61
                                                  Restatements of Information
                                      102-49      Perubahan dalam Pelaporan                                                           61
                                                  Changes in Reporting
                                      102-50      Periode Pelaporan                                                                   63
                                                  Reporting Period
                                      102-51      Tanggal Laporan Terbaru                                                             63
                                                  Date of Most Recent Report
                                      102-52      Siklus Pelaporan                                                                    63
                                                  Reporting Cycle
                                      102-53      Titik Kontak untuk Pertanyaan Mengenai Laporan                                      b, c
                                                  Contact Point for Questions Regarding the Report
                                      102-54      Mengklaim Pelaporan Sesuai dengan Standar GRI                                       b, c
                                                  Claims of Reporting in Accordance With the GRI Standards
                                      102-55      Indeks Isi GRI                                                                    b, c,
                                                  GRI Content Index                                                            139-144
                                      102-56      Assurance oleh Pihak Eksternal                                               129-131
                                                  External Assurance




                               TEntang kami              strategi keberlanjutan                 Profil Perusahaan        tata kelola keberlanjutan
146         8                    about us                sustainability strategy                Corporate Profile          corporate governance
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                                           Indicator                                               Uraian                                  Halaman
                                           Indicator                                            Description                                 Page

         103                               103-1         Penjelasan topik material dan batasannya                                             63, 64
         Pendekatan Manajemen                            Explanation of the material topic and its boundary
         Management Approach               103-2         Pendekatan manajemen dan komponennya                                                 63, 64
                                                         The management approach and its components
                                           103-3         Evaluasi pendekatan manajemen                                                        63, 64
                                                         Evaluation of the management approach


         Topik Ekonomi | Economic Topic

         201                               201-1         Nilai ekonomi langsung yang dihasilkan dan didistribusikan                                66
         Kinerja Ekonomi                                 Direct economic value generated and distributed
         Economic Performance              201-2         Implikasi Finansial serta Risiko dan Peluang Lain Akibat dari Perubahan Iklim             69
                                                         Financial implications and other risks and opportunities due to climate change
         202                               202-1         Rasio standar upah karyawan entry-level berdasarkan jenis kelamin terhadap                85
         Keberadaan Pasar                                upah minimum regional
         Market Presence                                 Ratios of standard entry level wage by gender compared to local minimum wage
                                           202-2         Proporsi manajemen senior yang berasal dari masyarakat lokal                             104
                                                         Proportion of senior management hired from the local community
         203                               203-1         Investasi infrastruktur dan dukungan layanan                                              68
         Dampak Ekonomi Tidak                            Infrastructure investments and services supported
         Langsung                          203-2         Dampak ekonomi tidak langsung yang signifikan                                              68
         Indirect Economic Impact                        Significant indirect economic impacts
         204                               204-1         Proporsi pengeluaran untuk pemasok lokal                                                 104
         Praktek Pengadaan                               Proportion of spending on local suppliers
         Procurement Practice
         205                               205-1         Operasi-operasi yang dinilai memiliki risiko terkait korupsi                         57, 58
         Anti-Korupsi                                    Operations assessed for risks related to corruption
         Anti-Corruption                   205-3         Insiden korupsi yang terbukti dan tindakan yang diambil                                   51
                                                         Confirmed incidents of corruption and actions taken


         Topik Lingkungan | Environmental Topic
         301                               301-1         Material yang digunakan berdasarkan berat atau volume                              122, 123
         Material                                        Materials used by weight or volume
         Material                          302-2         Material input dari daur ulang yang digunakan                                      122, 123
                                                         Recycled input materials us
                                           302-3         Produk reclaimed dan material kemasannya                                           120, 121
                                                         Reclaimed products and their packaging materials
         302                               302-1         Konsumsi energi dalam organisasi                                                   124, 125
         Energi                                          Energy consumption within the organization
         Energy                            302-3         Intensitas energi                                                                        125
                                                         Energy intensity
                                           302-4         Pengurangan konsumsi energi                                                        125, 127
                                                         Reduction of energy consumption
         303                               303-1         Interaksi dengan air sebagai sumber daya bersama                                         132
         Air & Efluen                                     Interactions with water as a shared resources
         Water & Efluent                    303-3         Pengambilan air                                                                          132
                                                         Water withdrawal




     kinerja ekonomi                   kinerja sosial                      kinerja lingkungan                  indeks pojk & standar gri
                                                                      environmental performance                                               8         147
  economic performance              social performance                                                         pojk & gri standard index
Page 156
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                                        Indicator                                              Uraian                                         Halaman
                                        Indicator                                           Description                                        Page

                                        303-4       Pembuangan air                                                                             128, 139
                                                    Water discharge
                                        303-5       Konsumsi air                                                                                    128
                                                    Water consumption
      304                               304-1       Lokasi operasi yang dimiliki, disewa, dikelola, atau berdekatan dengan, kawasan lindung         137
      Keanekaragaman Hayati                         dan kawasan dengan nilai keanekaragaman hayati tinggi di luar kawasan lindung
      Biodiversity                                  Operational sites owned, leased, managed in, or adjacent to, protected areas and
                                                    areas of high biodiversity value outside protected areas
                                        304-2       Dampak signifikan dari kegiatan, produk, dan jasa pada keanekaragaman hayati                     137
                                                    Significant impacts of activities, products, and services on biodiversity
      305                               305-1       Emisi GRK (Cakupan 1) langsung                                                                  133
      Emisi                                         Direct (Scope 1) GHG emissions
      Emission                          305-4       Intensitas emisi GRK                                                                            133
                                                    GHG emissions intensity
                                        305-5       Pengurangan emisi GRK                                                                           134
                                                    Reduction of GHG emissions
                                        305-6       Emisi zat perusak ozon (ODS)                                                                    133
                                                    Emissions of ozone-depleting substances (ODS)
                                        305-7       Nitrogen oksida (NOX), sulfur oksida (SOX), dan emisi udara yang signifikan lainnya              133
                                                    Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emission
      306                               306-1       Timbulan limbah dan dampak signifikan terkait limbah                                             138
      Limbah                                        Waste generation and significant waste-related impacts
      Waste                             306-2       Pengelolaan dampak yang signifikan terkait limbah                                                139
                                                    Management of significant waste-related impacts
                                        306-3       Timbulan limbah                                                                                 138
                                                    Waste generated
                                        306-4       Limbah yang dialihkan ke pembuangan akhir                                                  138, 139
                                                    Waste diverted from disposal
                                        306-5       Limbah yang dikirimkan ke pembuangan akhir                                                      138
      307                                           Waste directed to disposal
      Kepatuhan Lingkungan              307-1       Ketidakpatuhan terhadap undang-undang & peraturan tentang lingkungan hidup                      140
      Environmental Complience                      Non-compliance with environmental laws & regulations



      Topik Sosial | Social Topic

      401                               401-1       Perekrutan Karyawan Baru dan Pergantian Karyawan                                            88 - 90
      Employment                                    New Employee Hires and Employee Turnover
      Kepegawaian                       401-2       Tunjangan yang Diberikan Kepada Karyawan Tetap yang Tidak Diberikan Kepada                        87
                                                    Karyawan Sementara atau Paruh Waktu
                                                    Benefits Provided to Full-Time Employees that are Not Provided to Temporary or
                                                    Part-Time Employees
      403                               403-1       Sistem Manajemen Kesehatan dan Keselamatan Kerja                                                  98
      Kesehatan & Keselamatan                       Occupational Health and Safety Management System
      Kerja                             403-2       Identifikasi Bahaya, Penilaian Risiko, dan Investigasi Insiden                                     99
      Occupational Health & Safety                  Hazard Identification, Risk Assessment, and Incident Investigation




                                 TEntang kami              strategi keberlanjutan                    Profil Perusahaan                   tata kelola keberlanjutan
148         8                      about us                sustainability strategy                   Corporate Profile                     corporate governance
Page 157
                                                       Strengthening                       Advancing

LAPORAN keberlanjutan 2025
                                                       FoundationS Progress


                                           Indicator                                               Uraian                                    Halaman
                                           Indicator                                            Description                                   Page


                                           403-3         Pelayanan Kesehatan Kerja                                                                   96,
                                                         Occupational Health Services                                                         101-102
                                           403-4         Partisipasi, Konsultasi, dan Komunikasi Pekerja Tentang Kesehatan dan
                                                         Keselamatan Kerja                                                                      80, 81
                                                         Worker Participation, Consultation, and Communication on Occupational Health         101, 103
                                                         and Safety
                                           403-5         Pelatihan Pekerja Tentang Kesehatan dan Keselamatan Kerja                              91-93,
                                                         Worker Training on Occupational Health and Safety                                     99-100
                                           403-6         Peningkatan kualitas kesehatan pekerja                                               101-102
                                                         Promotion of worker health
                                           403-7         Pencegahan dan Mitigasi Dampak Kesehatan dan Keselamatan Kerja yang Terkait            90-95
                                                         Langsung dengan Hubungan Bisnis
                                                         Prevention and Mitigation of Occupational Health and Safety Impacts Directly
                                                         Linked by Business Relationships
                                           403-9         Cedera Terkait Pekerjaan                                                               97, 98
                                                         Work-Related Injuries
                                           404-1         Rata-rata jam pelatihan per tahun per karyawan                                              95
                                                         Average hours of training per year per employee
         404                               404-2         Program untuk meningkatkan keterampilan karyawan dan program bantuan                   90-95,
         Pelatihan dan Pendidikan                        peralihan                                                                            113-116
         Training and Education                          Programs for upgrading employee skills and transition assistance programs
                                           404-3         Persentase karyawan yang menerima tinjauan rutin terhadap kinerja dan                       85
                                                         pengembangan karier
                                                         Percentage of employees receiving regular performance and career development
                                                         reviews
         405                               405-2         Rasio Gaji Pokok dan Remunerasi Perempuan Dibandingkan Laki-Laki                       86, 87,
         Diversity and Equal                             Ratio of Basic Salary and Remuneration of Women to Men                                      89
         Opportunity
         Keanekaragaman dan
         Kesempatan Setara
         408                               408-1         Operasi dan pemasok yang berisiko signifikan terhadap insiden pekerja anak
         Pekerja anak                                    Operations and suppliers at significant risk for incidents of child labor                    86
         Child Labor
         409                               409-1         Operasi dan pemasok yang berisiko signifikan terhadap insiden kerja paksa atau
         Kerja Paksa atau Wajib Kerja                    wajib kerja                                                                                 86
         Forced or Compulsory Labor                      Operations and suppliers at significant risk for incidents of forced or compulsory
                                                         labor
         412                               412-1         Operasi yang Telah Menjalani Tinjauan Hak Asasi Manusia atau Penilaian Dampak
         Penilaian Hak Asasi Manusia                     Operations that Have Been Subject to Human Rights Reviews or Impact                         89
         Human Rights Assessment                         Assessments
                                           412-2         Pelatihan Karyawan Tentang Kebijakan atau Prosedur Hak Asasi Manusia
                                                         Employee Training on Human Rights Policies or Procedures                                    90,
                                                                                                                                               91 - 94




     kinerja ekonomi                   kinerja sosial                       kinerja lingkungan                indeks pojk & standar gri
                                                                       environmental performance                                                 8         149
  economic performance              social performance                                                        pojk & gri standard index
Page 158
                                   Strengthening                     Advancing
                                   FoundationS Progress                                                          2025 Sustainability Report




                                       Indicator                                           Uraian                                      Halaman
                                       Indicator                                         Description                                     Page

      413                              413-1       Operasi dengan keterlibatan masyarakat lokal, penilaian dampak, dan program           103-106
      Masyarakat Lokal                             pengembangan
      Local Communities                            Operations with local community engagement, impact assessments, and
                                                   development programs
                                       413-2       Operasi yang secara aktual dan yang berpotensi memiliki dampak negatif                     116
                                                   signifikan terhadap masyarakat lokal
                                                   Operations with significant actual and potential negative impacts on local
                                                   communities
      416                              416-1       Penilaian dampak kesehatan dan keselamatan dari berbagai kategori produk dan                 71
      Kesehatan dan Keselamatan                    jasa
      Pelanggan                                    Assessment of the health and safety impacts of product and service categories
      Customer Health and Safety       416-2       Insiden ketidakpatuhan sehubungan dengan dampak kesehatan dan keselamatan                    75
                                                   dari produk dan jasa
                                                   Incidents of non-compliance concerning the health and safety impacts of products
                                                   and services
      417                              417-1       Persyaratan untuk pelabelan dan informasi produk dan jasa                               73, 74
      Pemasaran dan Pelabelan                      Requirements for product and service information and labeling
      Marketing and Labeling           417-2       Insiden ketidakpatuhan terkait pelabelan dan informasi produk dan jasa                       74
                                                   Incidents of non-compliance concerning product and service information and
                                                   labeling
                                       417-3       Insiden ketidakpatuhan terkait komunikasi pemasaran                                          74
                                                   Incidents of non-compliance concerning marketing communications




                                TEntang kami              strategi keberlanjutan                 Profil Perusahaan                 tata kelola keberlanjutan
150         8                     about us                sustainability strategy                Corporate Profile                   corporate governance
Page 159
                                                                Strengthening                           Advancing

LAPORAN keberlanjutan 2025
                                                                FoundationS Progress

Formulir Umpan Balik [G.2]
Feedback Form


Untuk meningkatkan kualitas dan memenuhi harapan kedepan, kami berharap               To improve quality and meet future expectations, we expect to get your
mendapatkan masukan. Respons saudara sangat berarti bagi kami, oleh                   feedbacks. Your responds are valuable for us; therefore, allow us ask a few
karenanya izinkan kami menanyakan beberapa hal terkait laporan ini.                   questions regarding this report.

Mohon berikan tanda centang pada bagian [ ] | Please check on this box [ ]

No. Pertanyaan | Question                                                                                                 Ya | Yes                Tidak | No

1.   Laporan ini memberi informasi yang bermanfaat | This report provides useful information                                 [       ]             [            ]

2.   Laporan ini mudah dimengerti | This report is easy to understand                                                        [       ]             [            ]

3.   Laporan ini telah mendorong saudara untuk berkontribusi dalam keberlanjutan |                                           [       ]             [            ]

     This report has encouraged you to contribute towards sustainability

4.   Seberapa penting/menarik kinerja di bawah ini: |                                       Skala 1 - 5 (sangat tidak penting - sangat penting)

     How important/attractive is the following performance:                                 Scale 1 - 5 (not at all important - very important)

     a. Kinerja Ekonomi | Economic Performance                                         1[       ]             2[   ]   3[        ]       4[   ]            5[       ]

     b, Kinerja Sosial | Social Performance                                            1[       ]             2[   ]   3[        ]       4[   ]            5[       ]

     c. Kinerja Lingkungan | Environment Performance                                   1[       ]             2[   ]   3[        ]       4[   ]            5[       ]

5.   Materi apa yang dirasa perlu ditambahkan: | What material needs to be added:




6.   Kontribusi apa yang perlu ditingkatkan Perseroan: | What contribution needs to be improved by the Company:




7.   Saran lain: | Other advice:




8.   Profil Pemangku Kepentingan | Stakeholder Profile
              [   ] Pemegang Saham/Investor                 [      ] Karyawan               [       ] Pelanggan          [       ] Masyarakat Lokal
                    Shareholder/Investor                             Employee                         Customer                     Local Communities

              [   ] Mitra Bisnis                            [      ] Pemerintah             [       ] Media              [       ] LSM                 [    ] Lainnya
                    Business Partner                                 Government                       Media                        NGO                        Others
              Nama | Name                 :                                           Jenis kelamin | Gender : Pria | Male [             ] Wanita | Female [ ]

              Pekerjaan | Occupation :


                                   Kami sangat menghargai masukan Anda. Kirimkan formulir umpan balik ini ke:
                                      We really appreciate your feedback. Please send this feedback form to:

                                                                      Investor Relations
                                                                      PT Steel Pipe Industry of Indonesia Tbk
                                                                      Gedung Baja Lt 7,
                                                                      Jl. Pangeran Jayakarta No 55, Jakarta Pusat
                                                                      email: corsec@spindo.co.id

        kinerja ekonomi                          kinerja sosial                      kinerja lingkungan                  indeks pojk & standar gri
                                                                                environmental performance                                                               8   151
     economic performance                     social performance                                                         pojk & gri standard index
Page 160
             Strengthening              Advancing
             FoundationS Progress                                      2025 Sustainability Report




                         Halaman ini sengaja dikosongkan
                         This page is intentionally left blank




          TEntang kami       strategi keberlanjutan    Profil Perusahaan        tata kelola keberlanjutan
152   8     about us         sustainability strategy   Corporate Profile          corporate governance
Page 161

          
Page 162

          

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Names mentioned 57 people and organisations named in the text · linked when the evidence is strong

linked person Ibnu Susanto p.24 ×4
linked org Sinar Mas p.27 ×3
linked org Dana Pensiun p.29
linked org DBS Bank Ltd S/A p.30
linked person Makmur Widjaja p.40
linked person Entario Widjaja Susanto p.40
linked person Tedja Sukmana Hudianto p.40
linked person Soediarto Soerjoprahono p.40
linked person Yoshinori Nishimoto p.41
linked person Nico Gunawan p.41 ×2
linked person The, Hanny Purnomo p.41
linked org Itochu Corporation p.42 ×3
possible org Otoritas Jasa Keuangan p.19 ×2
possible org PT Cakra Bhakti Para Putra p.28 ×8
possible org DBS Bank Ltd p.30
possible person Dwi Santoso p.41
unresolved org Indonesia Tbk p.3 ×10
unresolved org SPINDO Tbk p.3 ×7
unresolved org Steel Pipe Industry Tbk p.3 ×11
unresolved org PT Chandra Nugerahcipta TEntang p.16
unresolved org Financial Services Authority p.19 ×2
unresolved org PT Cakra Bhakti Para Putra Saham Treasury Treasury p.28
unresolved org Tetap Khusus Non Tax p.29
unresolved org Foreign Corporation p.29
unresolved — Tax Treaty p.29
unresolved org PT Cakra Bhakti p.30 ×2
unresolved org PT Sanko Steel Engineering p.30
unresolved org PT Poses Indonesia Industry p.30
unresolved org Pemberton Asia Opportunities Fund p.30
unresolved org PT SPINDO ENGINEERING INDUSTRY p.31
unresolved org PT SANKO STEEL INDONESIA p.31
unresolved org PT POSES p.31
unresolved org Pty. Ltd. p.39
unresolved person H. Poernomosidi Independent Commissioner Welly Tantono p.40 ×3
unresolved org PT Radjin p.42 ×4
unresolved org Kawasaki Steel Corporation p.42 ×2
unresolved org PT Steel Pipe p.42 ×2
unresolved org JFE Steel Corp. p.42
unresolved org Marubeni-Itochu Inc. p.42
unresolved org Benxi Steel Group Co. Ltd. p.42 ×2
unresolved org Indonesia Stock Exchange p.42
unresolved org Steel Group Co. Ltd. p.42 ×2
unresolved org UL LLC p.52
unresolved org Telekomunikasi Indonesia Tbk p.52 ×8
unresolved org PT IAPMO Group Indonesia SPPT SNI p.52
unresolved person Organ Pendukung · Komisaris p.62 ×2
unresolved person Formal · Anggota p.63
unresolved — Mitra Bisnis/Pemasok/ p.68
unresolved — Suppliers/Vendors p.68
unresolved — Medias p.68
unresolved — Masyarakat/LSM p.68
unresolved — Public/NGO p.68
unresolved org PT Steel Pipe Industr p.79
unresolved org Departemen Terkait p.83
unresolved org PT Steel p.92
unresolved org PT Steel Pipe Industry Pipe Industry p.92

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