20260406_MEDC_Laporan Informasi dan Fakta Material_32067685_lamp2.pdf

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PT Medco Energi Internasional Tbk                      Tel +62-21 2995 3000
The Energy 53rd Fl., SCBD Area Lot 11 A                Fax +62-21 2995 3001
Jl. Jend. Sudirman, Jakarta 12190                      www.medcoenergi.com
Indonesia




                                   MedcoEnergi Signs Cendramas PSC Offshore Malaysia

Jakarta, 2 April 2026 – PT Medco Energi Internasional Tbk (“MedcoEnergi” or the “Company”) announces that its
wholly-owned subsidiary, Medco Asia Pacific Limited, has signed the Cendramas Production Sharing Contract
(“Cendramas PSC”) with Petroliam Nasional Berhad (“PETRONAS”) on 31 March 2026, with the PSC being effective
from 23 September 2026. Medco Asia Pacific Limited will hold a 50% participating interest in the PSC and act as
Operator, with joint venture partners DIALOG Resources Sdn. Bhd. and EnQuest Petroleum Production Malaysia
Ltd, each holding a 25% participating interest in the PSC. The Cendramas PSC is located within a reasonable vicinity
of MedcoEnergi’s South Natuna Sea Block B operations and shares similar geology and technical characteristics,
enabling technical synergies and leveraging existing expertise.

Hilmi Panigoro, President Director, stated, “We appreciate PETRONAS’ trust in MedcoEnergi as Operator of the
Cendramas PSC and look forward to working with our partners to deliver safe, reliable, and efficient operations.” The
Cendramas PSC supports MedcoEnergi’s strategy to expand its regional portfolio through disciplined execution and
a continued focus on long-term value creation. (***)

PT Medco Energi Internasional Tbk (“MedcoEnergi”) is a leading Southeast Asian energy and natural resources company listed on the
Indonesia Stock Exchange (MEDC-IDX). MedcoEnergi has three key business segments, Oil & Gas, Power and Copper & Gold Mining.
MedcoEnergi explores for and produces oil and gas primarily in Indonesia. The Group operates gas, PV, geothermal and hydro power plants
in Indonesia through PT Medco Power Indonesia and has a non-consolidated interest in PT Amman Mineral Internasional Tbk which operates
a large copper and gold mine in Indonesia.

This document may contain projections, plans, strategies, policies and objectives of MedcoEnergi which should be treated as f orward looking
statements within the meaning of applicable law. Forward looking statements, by their nature, involve risks and uncertainties that could cause
actual results to differ materially from those expressed or implied in these statements. The Company does not guarantee that any action
taken in reliance on this document will bring specific results.

                                                     For further information please call:
                         Corporate Secretary | Investor Relations | Tel: (62-21) 2995 3000, Fax: (62-21) 2995 3001
                          Email: corporate.secretary@medcoenergi.com | investor.relations@medcoenergi.com
                                                     Website: www.medcoenergi.com