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 Nomor Surat                           141/PGE500/2026-S0

 Nama Perusahaan                       PT Pertamina Geothermal Energy Tbk

 Kode Emiten                           PGEO

 Lampiran                              0
                                       PGE Eksekusi Proyek PLTP Lumut Balai Unit 4 Berkapasitas 55 MW, Dorong
 Perihal
                                       Percepatan Transisi Energi


Dengan ini kami untuk dan atas nama perusahaan menyampaikan Laporan Informasi atau Fakta Material sebagai
berikut:

 Nama Emiten atau Perusahaan Publik            PT Pertamina Geothermal Energy Tbk

 Bidang Usaha                                  Menyelenggarakan usaha bidang panas bumi dari hulu/hilir



 Telepon                                       +62 21 3983 3222

 Faksimili                                     +62 21 3983 3230

 Alamat Surat Elektronik (email)               datapge@pertamina.com


 Tanggal Kejadian                              17 April 2026
 Jenis Informasi atau Fakta Material           PGE Eksekusi Proyek PLTP Lumut Balai Unit 4 Berkapasitas
                                               55 MW, Dorong Percepatan Transisi Energi
Page 2
Uraian Informasi atau Fakta Material   PT Pertamina Geothermal Energy Tbk (PGE) (IDX: PGEO)
                                       terus memperkuat langkah strategis dalam mengoptimalkan
                                       potensi panas bumi nasional melalui Pembangkit Listrik
                                       Tenaga Panas Bumi (PLTP) Lumut Balai Unit 4 berkapasitas
                                       55 megawatt (MW). Proyek yang berlokasi di Wilayah Kerja
                                       Panas Bumi (WKP) Lumut Balai dan Margabayur, Sumatera
                                       Selatan, ini resmi dieksekusi melalui kick off meeting. Eksekusi
                                       proyek ini mengukuhkan rencana pengembangan jangka
                                       panjang Perseroan untuk mendukung percepatan transisi
                                       energi bersih nasional.

                                       Rangkaian pengembangan proyek dimulai dari pembangunan
                                       infrastruktur, pengeboran sumur eksplorasi, uji produksi,
                                       hingga penerbitan Notice of Resource Confirmation (NORC),
                                       dengan target penyelesaian pada Oktober 2027. Sebagai
                                       tahap awal, PGE akan melaksanakan pengeboran tiga sumur
                                       eksplorasi dengan estimasi investasi sebesar USD 32,21 juta.

                                       Direktur Utama PT Pertamina Geothermal Energy Tbk Ahmad
                                       Yani mengatakan, Melalui pengembangan Proyek PLTP
                                       Lumut Balai Unit 4, PGE tidak hanya berfokus pada
                                       penambahan potensi kapasitas terpasang, tetapi
                                       mencerminkan komitmen Perseroan dalam memastikan
                                       keberlanjutan pasokan energi bersih sekaligus meningkatkan
                                       keandalan portofolio panas bumi nasional. Lebih dari itu,
                                       proyek ini menjadi bagian penting dalam mendukung
                                       pencapaian target bauran energi nasional serta memperkuat
                                       kontribusi Indonesia dalam mewujudkan Net Zero Emissions.

                                       Dari sisi teknis, WKP Lumut Balai memiliki area sumber daya
                                       panas bumi yang luas, berkisar antara 22 hingga 66 km2.
                                       Hasil studi geosains serta simulasi reservoir terbaru
                                       menunjukkan bahwa cadangan eksisting mampu mendukung
                                       pengembangan tambahan kapasitas 55 MW pada Unit 4.
                                       Proyek PLTP Lumut Balai Unit 4 ini ditargetkan beroperasi
                                       secara penuh (commercial operation date/COD) pada 2032,
                                       menggenapkan total kapasitas PGE Area Lumut Balai
                                       mencapai 220 MW, dengan penambahan PLTP Lumut Balai
                                       Unit 3 di tahun 2030.

                                       Direktur Eksplorasi & Pengembangan PT Pertamina
                                       Geothermal Energy Tbk Edwil Suzandi menambahkan bahwa
                                       lokasi pengeboran berada di area yang sangat prospektif
                                       secara geologi.

                                       Area eksplorasi ini terletak di sekitar zona upflow utama
                                       dengan karakteristik permeabilitas tinggi yang telah
                                       terverifikasi melalui berbagai kajian geosains dan studi teknis
                                       secara komprehensif. Dengan dukungan data teknis tersebut,
                                       pengembangan PLTP Lumut Balai Unit 4 ke depan diharapkan
                                       dapat berjalan lebih terarah, efisien, dan memiliki tingkat
                                       keberhasilan yang lebih terukur, jelasnya.

                                       Sementara itu, Direktur Operasi PT Pertamina Geothermal
                                       Energy Tbk Andi Joko Nugroho menegaskan bahwa proyek ini
                                       juga akan berkontribusi pada optimalisasi pengelolaan wilayah
                                       kerja panas bumi secara keseluruhan.

                                       Proyek PLTP Lumut Balai Unit 4 menjadi langkah strategis
                                       untuk meningkatkan cadangan terbukti sekaligus memastikan
                                       keberlanjutan pengembangan WKP Lumut Balai. Eksplorasi ini
                                       berperan penting dalam mendorong realisasi target
                                       pengembangan 1 gigawatt (GW) sebagai bagian dari strategi
Page 3
                                           ekspansi PGE, ungkapnya.

                                           Proyek Lumut Balai Unit 4 telah tercantum dalam Rencana
                                           Usaha Penyediaan Tenaga Listrik (RUPTL) 2025 - 2034.
                                           Secara komersial, proyek ini memiliki prospek yang kuat
                                           dengan tersedianya Power Purchase Agreement (PPA)
                                           ditambah skema eskalasi. Selain itu, pertumbuhan kebutuhan
                                           listrik di Provinsi Sumatera Selatan yang diproyeksikan
                                           mencapai 6,072 persen per tahun turut menjadi faktor
                                           pendukung utama bagi pengembangan proyek ini.

                                           Melalui kombinasi kesiapan teknis, prospek komersial yang
                                           kuat, serta dukungan kebijakan nasional, PGE optimistis
                                           pengembangan Lumut Balai Unit 4 akan memberikan
                                           kontribusi signifikan dalam memperkuat ketahanan energi
                                           nasional berbasis energi bersih yang andal dan berkelanjutan.
Dampak kejadian, informasi atau fakta
material tersebut terhadap kegiatan
operasional, hukum, kondisi keuangan,
atau kelangsungan usaha Emiten atau
Perusahaan Publik



Demikian untuk diketahui.


Hormat Kami,
PT Pertamina Geothermal Energy Tbk




Kitty Andhora

Corporate Secretary




PT Pertamina Geothermal Energy Tbk
Grha Pertamina - Tower Pertamax Lt.7
Telepon : +62 21 3983 3222, Fax : +62 21 3983 3230, https://www.pge.pertamina.



Nama Pengirim                     Kitty Andhora

Jabatan                           Corporate Secretary
Tanggal dan Waktu                 17-04-2026 17:42




   Dokumen ini merupakan dokumen resmi PT Pertamina Geothermal Energy Tbk yang tidak memerlukan tanda
tangan karena dihasilkan secara elektronik oleh sistem pelaporan elektronik. PT Pertamina Geothermal Energy Tbk
                   bertanggung jawab penuh atas informasi yang tertera didalam dokumen ini.
Page 4
Go To Indonesian Page

 Letter / Announcement No.           141/PGE500/2026-S0

 Issuer Name                         PT Pertamina Geothermal Energy Tbk

 Issuer Code                         PGEO

 Attachment                          0

 Subject                             PGE Commences Construction of the 55 MW Lumut Balai Unit 4 Geothermal
                                     Power Plant Project, Driving the Acceleration of the Energy Transition

The company hereby announce the Material Information or Facts Report as follows

 Name of Issuer or Public Company            PT Pertamina Geothermal Energy Tbk

 Business Activities                         Menyelenggarakan usaha bidang panas bumi dari hulu/hilir


 Telephone                                   +62 21 3983 3222

 Faximile                                    +62 21 3983 3230

 Email Address                               datapge@pertamina.com


 Date of Event                               17 April 2026

                                             PGE Commences Construction of the 55 MW Lumut Balai Unit
 Type of Material Information or Facts       4 Geothermal Power Plant Project, Driving the Acceleration of
                                             the Energy Transition
Page 5
Description of Material Information or   PT Pertamina Geothermal Energy Tbk (PGE) (IDX: PGEO)
Facts                                    continues to strengthen its strategic efforts to optimize the
                                         nations geothermal potential through the 55-megawatt (MW)
                                         Lumut Balai Unit 4 Geothermal Power Plant (PLTP). The
                                         project, located in the Lumut Balai and Margabayur
                                         Geothermal Working Areas (GWAs) in South Sumatra, was
                                         officially launched through a kick-off meeting. The projects
                                         execution solidifies the Companys long-term development plan
                                         to support the acceleration of the national clean energy
                                         transition.

                                         The project development process begins with infrastructure
                                         construction, exploratory well drilling, production testing, and
                                         the issuance of a Notice of Resource Confirmation (NORC),
                                         with a target completion date of October 2027. As an initial
                                         step, PGE will drill three exploratory wells with an estimated
                                         investment of USD 32.21 million.

                                         President Director of PT Pertamina Geothermal Energy Tbk
                                         Ahmad Yani stated, Through the development of the Lumut
                                         Balai Unit 4 Geothermal Power Plant Project, PGE is not only
                                         focused on increasing installed capacity potential but also
                                         reflects the Companys commitment to ensuring the
                                         sustainability of clean energy supply while enhancing the
                                         reliability of the national geothermal portfolio. Furthermore, this
                                         project plays a crucial role in supporting the achievement of
                                         national energy mix targets and strengthening Indonesias
                                         contribution to realizing Net Zero Emissions.

                                         From a technical standpoint, the Lumut Balai Geothermal
                                         Working Area (WKP) encompasses a vast geothermal
                                         resource area ranging from 22 to 66 km2. Recent geoscience
                                         studies and reservoir simulations indicate that existing
                                         reserves can support the development of an additional 55 MW
                                         of capacity at Unit 4. The Lumut Balai Unit 4 geothermal power
                                         plant project is targeted to reach full commercial operation
                                         (COD) in 2032, bringing the total capacity of the Lumut Balai
                                         Area to 220 MW, with the addition of the Lumut Balai Unit 3
                                         geothermal power plant in 2030.

                                         Meanwhile, Andi Joko Nugroho, Director of Operations at PT
                                         Pertamina Geothermal Energy Tbk, emphasized that this
                                         project will also contribute to the optimization of the overall
                                         management of the Lumut Balai geothermal working area.


                                         The Lumut Balai Unit 4 Geothermal Power Plant project is a
                                         strategic step toward increasing proven reserves while
                                         ensuring the sustainable development of the Lumut Balai
                                         Geothermal Working Area. This exploration plays a crucial role
                                         in driving the realization of the 1-gigawatt (GW) development
                                         target as part of PGEs expansion strategy, he said.

                                         The Lumut Balai Unit 4 project has been included in the 2025 -
                                         2034 Electricity Supply Business Plan (RUPTL). Commercially,
                                         this project holds strong prospects with the availability of a
                                         Power Purchase Agreement (PPA) coupled with an escalation
                                         scheme. Additionally, the projected annual growth in electricity
                                         demand in South Sumatra Province, estimated at 6.072
                                         percent, serves as a key supporting factor for the development
                                         of this project.

                                         Through a combination of technical readiness, strong
Page 6
                                              commercial prospects, and national policy support, PGE is
                                              optimistic that the development of Lumut Balai Unit 4 will make
                                              a significant contribution to strengthening national energy
                                              resilience based on reliable and sustainable clean energy.

                                              Edwil Suzandi, Director of Exploration & Development at PT
                                              Pertamina Geothermal Energy Tbk, added that the drilling site
                                              is located in an area that is highly geologically prospective.

                                              This exploration area is situated near the main upflow zone,
                                              characterized by high permeability, which has been verified
                                              through various comprehensive geoscience assessments and
                                              technical studies. With the support of this technical data, the
                                              future development of the Lumut Balai Geothermal Power
                                              Plant Unit 4 is expected to proceed in a more focused, efficient
                                              manner and achieve a more measurable success rate, he
                                              explained.
 Impact of event, material information or
 facts towards Issuers or Public
 Company’s operational activities, legal,
 financial condition, or going concern




Thus to be informed accordingly.


Respectfully,
PT Pertamina Geothermal Energy Tbk




Kitty Andhora

Corporate Secretary




PT Pertamina Geothermal Energy Tbk
Grha Pertamina - Tower Pertamax Lt.7
Phone : +62 21 3983 3222, Fax : +62 21 3983 3230, https://www.pge.pertamina.com



Sender Name                          Kitty Andhora

Function                             Corporate Secretary

Date and Time                        17-04-2026 17:42




   This is an official document of PT Pertamina Geothermal Energy Tbk that does not require a signature as it was
      generated electronically by the electronic reporting system. PT Pertamina Geothermal Energy Tbk is fully
                            responsible for the information contained within this document.

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linked person Andi Joko Nugroho p.2 ×2
unresolved person Kitty Andhora · Corporate Secretary p.3 ×2

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