20260406_ELSA_Laporan Informasi dan Fakta Material_32067943_lamp2.pdf

Narahubung:
Jayanty Oktavia Maulina (Anty)
Manager of Corporate Communications
Graha Elnusa 16th Floor, Jl. TB Simatupang Kav. 1B, Jakarta 12560
Tel: (021) 7883 0850 | Fax: (021) 7883 0907 | Mob: +62813 1787 1717
E-mail: jayanty.maulina@elnusa.co.id


Press Release
          Elnusa Strengthens Transformation as a Low-Cost Operator,
                   Targets Up to 25% Operational Efficiency
Jakarta, April 5, 2026 — PT Elnusa Tbk (ELSA), an integrated energy services company, reaffirms its commitment to transforming into a world-
class low-cost operator in the upstream oil and gas sector, in response to the increasingly challenging dynamics of the oil and gas industry in
2026.

President Director of Elnusa, Litta Ariesca, stated that this strategy is focused on the development of marginal fields through a technology-
driven and innovation-based efficiency approach.

“Going forward, we will focus on becoming a low-cost operator to develop marginal fields. We are targeting operational efficiency
improvements of 15% to 20%, and even up to more than 25% compared to current oil and gas operations,” said Litta Ariesca.

This strategic move also serves as a response to global oil price volatility, geopolitical dynamics, and support for the government’s target to
achieve national production of 1 million barrels of oil per day (BOPD) and 12 billion standard cubic feet of gas per day (BSCFPD).

In line with this transformation direction, Elnusa has adopted its 2026 theme, “Rediscover Technology and Innovation Age,” emphasizing the
importance of adaptive technology utilization and strengthening an innovative mindset across all organizational lines. “This transformation is
not merely about introducing new technologies, but about building a working ecosystem where every Elnusa personnel is to think faster, safer,
and more efficiently in carrying out operations,” Litta added.

To support the implementation of this strategy, Elnusa continues to strengthen its upstream oil and gas service capabilities, encompassing an
integrated ecosystem ranging from geoscience, seismic surveys, drilling, to the optimization of existing fields. The Company is also actively
fostering synergy with Pertamina Group entities, including Pertamina Hulu Energi (PHE) and Pertamina Technology, Innovation & Infrastructure
(TI&I).

One of the innovations being developed is vibroseis technology for Enhanced Oil Recovery (EOR), as well as the utilization of Inline Inspection
(ILI) tools to ensure the reliability of the national oil and gas pipeline network spanning more than 21,000 km. “Through ILI technology, we are
able to perform early detection of pipeline conditions, enabling timely maintenance actions before potential leaks occur,” Litta explained.

In addition to strengthening its core business, Elnusa continues to drive business diversification, including the development of seismic survey
services for non-oil and gas sectors and expanding into international markets through the export of Oil Country Tubular Goods (OCTG),
including to Algeria.

“This achievement is the result of implementing operational excellence principles and end-to-end integration across all business lines. Moving
forward, we will continue to upgrade our technology to optimally contribute to national production targets while maintaining business
sustainability,” Litta concluded.

About Elnusa (IDX: ELSA)
Elnusa is a subsidiary of PT Pertamina Hulu Energi (PHE), which is part of the Pertamina Upstream Subholding, operating in the field of integrated energy services to provide total
solutions. Elnusa has a DNA of resilience and innovation for over 56 years in the energy industry, with core competencies in upstream oil and gas services, energy distribution and
logistics services, as well as support services. The upstream oil and gas services line includes Geoscience & Reservoir services (land, transition zone & marine, as well as data processing),
drilling & field maintenance services (drilling & workover), engineering, procurement, construction & operation maintenance (EPC-OM) services. The energy distribution and logistics
services line includes fuel transportation services, depot management, and chemical sales. The support services line includes marine support services, fabrication, and data management.
Elnusa is committed to implementing Corporate Governance in accordance with GCG principles to realize a highly competitive, continuously growing company and provide sustainability
for all stakeholders. For more information, please visit www.elnusa.co.id.