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Page 1
Elevating Hope, Empowering the Nation
  Mengusung Cita, Membangun Bangsa

        Laporan Keberlanjutan   2025 Sustainability Report
Page 2

          
Page 3
                                                                                                                                            1




  Disclaimer and
  Limitation of Liability
The 2025 Fiscal Year Sustainability Report of PT AKR Corporindo Tbk presents the Company’s economic, social, environmental
and governance performance. Published alongside the Annual Report as part of the Company’s commitment to transparency to
stakeholders.

This report includes forward-looking statements related to the Company’s financial, operational, policy, and strategic direction.
These statements are made based on assumptions about business conditions and management policies but may be affected
by risks and uncertainties that cause actual results to differ from expectations. The Company is not obliged to update these
statements if conditions change.

In this report, “Company” and “AKR” refer to PT AKR Corporindo Tbk and its subsidiaries engaged in trading, distribution, logistics,
manufacturing and industrial estates.




                                                                                                               Sustainability Report 2025
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2




       Theme
       Explanation

                 Elevating
                 ElevatingHope,
                           Hope,Empowering
                                Empoweringthe
                                           theN
                                              N
    Indonesia has reached a pivotal phase of development that      services, and industrial estate infrastructure, AKR aims to
    demands more than mere resilience. This is underscored         sustain economic activity while at the same time creating
    by the national agenda’s focus on industrial fortification,    opportunities for more inclusive growth.
    equitable growth, and the advancement of human capital.


                                 MengusungCita,
                                 Mengusung Cita,Membangun
                                                MembangunBang
                                                          Bang
    Achieving sustainable progress now requires a unified effort   Empowering the Nation is a confirmation of AKR’s commitment
    between the public and private sectors—anchored in trust       to being a development partner that supports national
    and capability—to foster an economic landscape that is both    economic capacity. By strengthening connectivity, advancing
    inclusive and globally competitive.                            industrialization and downstream development, and ensuring
                                                                   reliable energy and utility supply, AKR is helping to foster a
    In this context, national development hinges upon a robust     more productive business ecosystem through collaboration
    foundation of reliable energy, efficient logistics, and industrial
                                                                   with industry partners and stakeholders, while also creating


                                                                                      2025Sustainability Report
                                                                                     2025
    infrastructure capable of sustaining long-term economic        opportunities to enhance human capital capacity.
                                                      Laporan
                                                         sector playsKeberlanjutan
                                               Laporan Keberlanjutan
    activity. By providing these essentials, the private                                                    Sustainability Report
    a vital role in unlocking growth opportunities and bolstering      Through the theme Elevating Hope, Empowering the Nation
    Indonesia’s global industrial competitiveness.                     - Mengusung Cita, Membangun Bangsa, AKR repeats
                                                                       its commitment to continuously deliver added value to
    Elevating Hope reflects the belief that economic progress          both the economy and stakeholders, not only through
    is not driven solely by vision, but by consistency in creating     the development of physical infrastructure, but also by
    foundations that enable communities and industries to              strengthening trust, capabilities, and the implementation of
    move forward with confidence. Through the development of           sustainability principles as a solid foundation for long-term
    energy and basic chemical distribution networks, logistics         growth.




    20 Elevating Hope
    25 Empowering the Nation




    Sustainability Report 2025
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                    Collaboration with the Government
                    and Industry
Nation
Nation• Energy and industrial supply chain synergy
      • Support for the national biodiesel program

gsa
gsa

                    Energy Infrastructure
                    Supporting Economic Growth
      • 19 Sea and River Ports
      • 14 Vessel Units/SPOB
      • 176 Gas Stations by AKR & bp AKR
      • 50,000 Sq.m Warehouse Capacity
      • Approximately 250 Fuel & Chemical Tanker Trucks
      • 820,400 KL Storage Tank Terminal




                    Development of Integrated
                    Industrial Area
      • 3000 Ha JIIPE Industrial Area
      • 33 Strategic Tenants
      • +40,000 employment generated in Gresik over the past 5 years




                    Commitment to the Environment
                    and Society
      • Energy & emission management
      • CSR program for the community
      • Absorption of local workforce
      • TKDN in the national biodiesel program




                                                                       Sustainability Report 2025
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       Table of
       Content
     Disclaimer and Limitation of Liability                         1
                                                                         04             Human Capital as the                96
                                                                                        Foundation of Operational
     Theme Explanation                                              2
                                                                                        Excellence and Business
                                                                         Our People
     Table of Contents                                              3                   Resilience

     2025 Sustainability Performance Highlight                      4                   Employment Practices                97

                                                                                        Ocupational Health and Safety       100
                                                                                        (OHS)

     01                          About this Report                  6                   Diversity, Inclusion and            106
                                                                                        Employee Engagement
     About this
     Report                                                                             Non-Discrimination and Equal        113
                                                                                        Opportunity

                                                                                        Employee Training and               124
                                                                                        Development

     02                          Company Profile                    18

     Company                     Vision, Mission, and Corporate     22
     Profile                     Values                                  05             Sustainable Social Responsibility   132
                                                                                        & Community Development
                                 General Information and            30   Our
                                 Company Identity                        Communities    Engaging Local Suppliers            137

                                 Awards and Certifications          32

                                 Key Events of 2025                 36
                                                                                                                            154
                                 Board of Directors' Report         40
                                                                         06             Governance Structure and
                                                                                        Composition
                                                                         Our Conduct:
                                 Responsibility Statement of the    48   Governance,    Transparency and Accountabiity      159
                                 Board of Commissioners for the          Ethics, and
                                 Sustainability Report 2025 of PT                       Risk Management                     161
                                                                         Compliance
                                 AKR Corporindo Tbk
                                                                                        Business Ethics and Compliance      165
                                 Sustainability Commitment          50
                                                                                        Data Privacy and Cybersecurity      167



                                                                                        List of Disclosure Based on         170
     03                          Resilient and Sustainable          60                  POJK 51/POJK.03/2017
                                 Portfolio Foundation
     Our Business                                                                       GRI Content Index                   172
     Portfolio                   Climate Transition                 64
                                 and Business Adaptation
                                 Strategy

                                 Strong Financial Fundamentals      76

                                 Customer Satisfaction              81

                                 Operational Excellence and         82
                                 Technology Utilization

                                 Managing the Environmental         88
                                 Footprint




    Sustainability Report 2025
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                             5




Sustainability Report 2025
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6




       2025 Sustainability
       Performance Highlights
       [OJK B.1][OJK B.2][OJK B.3][OJK F.4]




                    Economy                         Environmental
                                                                                             Social Aspects
                    Aspects                            Aspects

       Rp46,018 Billion                        187,083 GJ                               2,474
       Total Sales and Revenue                 The Amount of Renewable Energy           Number of AKR Employees
                                               Used in AKR’s Operations




       Rp3,084 Billion                                                                  23%
        Operating Profit
                                               50,124 Ton CO e          2
                                                                                        Women in Middle and Up
                                               Emission Scope 1 and 2                   Management Positions




       Rp529.59 Billion                        19.47 Megaliter
       Income Tax, Final Tax, and Financial    Total volume of recycled water by
                                                                                        13.5 Million
       Income-related Final Tax                AKR, JTT, JIIPE-BKMS and ARUKI in        Total Safe Working Hours
                                               2025 as part of water conservation
                                               efforts




       Rp1,975 Billion
                                                                                        13.6 Million Km
       Dividend distribution to shareholders
                                               1,251.81 Megaliter                       Distance Traveled Without Accidents
                                                                                        (AKR Logistic)
       with a payout ratio of 88.77% for the   Total Water Withdrawal
       total 2024 dividend, and a dividend
       payment frequency of twice in 2025

                                                                                        Rp32.80 Billion
       (final 2024 dividend and interim 2025

                                               Rp9.1 Billion
       dividend).

                                                                                        Realization of CSR Funds in 2025
                                               Total Environmental Expenditures
                                               AKR



       Conduct


       100% Employees, Supplier and Vendor                         ZERO
       AKR has implemented an Integrity Pact and conducted         Significant cybersecurity incidents and data breaches
       Code of Conduct socialization, including a strong           throughout 2025
       commitment to anti-corruption practices.




    Sustainability Report 2025
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                                                                                                                                      7




AKR plays a strategic role in accelerating Indonesia's        Aligned with this direction, AKR continues to integrate
energy transition, delivering integrated solutions in         sustainability principles into its operations and business
energy distribution and logistics alongside its world-class   strategy. This approach is reflected in initiatives across
industrial estate development. Through collaboration with     environmental, social, and governance aspects to enhance
the government and key stakeholders, AKR contributes          operational efficiency, improve workplace safety, and
to strengthening national energy resilience, enhancing        create long-term stakeholder value.
industrial connectivity, and unlocking new investment
opportunities.                                                The following highlights summarize AKR’s key ESG
                                                              performance during the reporting year, reflecting the
The development of the Java Integrated Industrial             Company’s commitment to responsible and sustainable
and Port Estate (JIIPE) represents a key milestone in         growth.
advancing industrial growth and strengthening Indonesia’s
competitiveness.




              People
  Indicator                               Unit                              2025                 2024                    2023

 Number of Employees                      people                            2,474                2,452                   2,813
 Recruitment                              people                              464                 602                      485
 Average Training Hours per Employee      hour/employee                      9.34                10.58                   18.21
    Men                                   hour/employee                       9.41               12.86                   16.86
    Women                                 hour/employee                      8.83                 8.57                   25.91
 Number of Fatality                       incident                              0                    0                         0




              Portfolio
  Indicator                               Unit                              2025                 2024                    2023

 Energy Consumption in Organization       GJ                              710,368             729,409                 567,058
 Emission
    Scope 1                               Ton CO2 eq                       33,886               38,133                  26,887
    Scope 2                               Ton CO2 eq                        16,237              15,463                  10,784
    Scope 3                               Ton CO2 eq                       64,281               91,637                  54,575
                                          Ton CO2 eq/Rp1
    Emission Intensity                                                      0.012                0.015                     0.08
                                          Million
 Total Water Withdrawal                   m3                             1,251,806            656,657                 493,690
 Hazardous Waste                          tons                               2,331               1,064                      733
 Non-Hazardous Waste                      tons                               3,441               3,076                   1,817




              Community
  Indicator                               Unit                              2025                 2024                    2023

 Company CSR Fund                         Million Rupiah                32,796.01            10,308.38              24,197.28



                                                                                                         Sustainability Report 2025
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             01
About this
Report
Page 11

          
Page 12
10




                                                                      AKR continually integrates sustainability principles as
                                                                      part of its business strategy. By upholding transparency,
                                                                      accountability, and responsibility, AKR strives to create long-
                                                                      term value for stakeholders while contributing to Indonesia’s
                                                                      development and progress.




     PT AKR Corporindo Tbk has prepared its 2025 Sustainability                                 1 January to 31 December 2025. In this report, the terms “AKR”,
     Report, which presents the Company's economic, social, and                                 the “Company”, and “we/our” refer to PT AKR Corporindo
     environmental performance as part of our efforts to integrate                              Tbk. All financial and numerical data are presented in Rupiah
     sustainability and communicate it transparently to our                                     (IDR) and follow English number-formatting conventions.
     stakeholders. The report presents how the Company manages                                  The report has been prepared with reference to Financial
     economic, social, and environmental performance and serves                                 Services Authority Regulation No. 51/POJK.03/2017 on
     as the Company's official communication to stakeholders                                    the Implementation of Sustainable Finance and Financial
     on sustainability policies, programmes, and initiatives. It                                Services Authority Circular Letter No. 16/SEOJK.04/2021 on
     also reflects AKR’s contribution to the achievement of the                                 the Form and Content of the Annual Report of Issuers or Public
     Sustainable Development Goals (SDGs).                                                      Companies. It also adopts the Global Reporting Initiative
                                                                                                (GRI) Standards 2021 and is aligned with the Sustainable
     The information in this report covers the performance of PT                                Development Goals agenda. [GRI 2-2] [GRI 2-3]
     AKR Corporindo Tbk as the parent entity and all subsidiaries
     consolidated in the financial statements for the period from




         The following illustrates the scope of the AKR Sustainability Report:
                                                                                                       Operational Area/                                           Shareholding
                Business Line                     Company Name                    Abbreviation                                             Status
                                                                                                          Location                                                     (%)

       Trade & Distribution and                                                                       West Jakarta, DKI
                                          PT AKR Corporindo Tbk.                 AKR                                              Parent Company               -
       Storage                                                                                        Jakarta

                                          PT AKR Transportation                                       West Jakarta, DKI           Subsidiary, Direct
        Transportation                                                           ATI                                                                           99.99
                                          Indonesia                                                   Jakarta                     Ownership

                                                                                                      West Jakarta, DKI           Subsidiary, Direct
        Transportation                    PT AKR Sea Transport                   AST                                                                           99.99
                                                                                                      Jakarta                     Ownership

                                                                                                      North Jakarta, DKI          Subsidiary, Direct
       Storage Terminal                   PT Jakarta Tank Terminal               JTT                                                                           51.00
                                                                                                      Jakarta                     Ownership

                                          PT Berkah Kawasan Manyar                                                                                             60 (through
        JIIPE Industrial Estate                                                  (JIIPE-BKMS)         Gresik, East Java           Joint Venture
                                          Sejahtera                                                                                                            UEPN)

                                                                                                                                                               40 (through
        JIIPE Port Estate                 PT Berlian Manyar Sejahtera            (JIIPE-BMS)          Manyar, East Java           Joint Venture
                                                                                                                                                               UEPN)

                                                                                                                                  Subsidiary, Direct
       Other - Manufacturing              PT Arjuna Utama Kimia                  ARUKI                Surabaya, East Java                                      99.96
                                                                                                                                  Ownership

                                                                                                      Greater Jakarta,
       Other - JV Trading Retail                                                                                                                               50.10 (through
                                          PT Aneka Petroindo Raya                APR                  Bandung, and East           Joint Venture
       Petroleum                                                                                                                                               AKRIDA)
                                                                                                      Java

       Other - JV Trading Aviation                                                                    IMIP Morowali and                                        50.10 (through
                                          PT Dirgantara Petroindo Raya           DPR                                              Joint Venture
       Fuel                                                                                           Cibubur                                                  AKRIDA)

     *The information disclosure policies of entities other than those listed in the table above are in accordance with the policies applies at PT AKR Corporindo Tbk. (AKR)




     Sustainability Report 2025
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                                                                                                                                             11




                                                                                                                                             About this Report
   Restatement & Significant Changes [GRI 2-4]

AKR continuously enhances its Sustainability Report preparation process, including information presentation, measurement
methodologies, underlying assumptions, and data collection mechanisms, to ensure the accuracy, consistency, and reliability
of information provided to stakeholders. Any changes made are clearly disclosed, including an explanation of their scope and
impact on the information presented.

In the 2025 financial year, for the 2025 fiscal year, the 2024 data was restated to improve the quality and comparability of the
information, with the details presented in each table.




   Reporting Principles & Quality

AKR refers to GRI Standards 2021 as its primary reporting           AKR follows the eight GRI reporting principles as the basis
framework. This approach highlights four key elements,              for preparing the Company’s report, namely accuracy,
namely the impacts arising from business activities, relevant       balance, clarity, comparability, completeness, sustainability
material topics, stakeholder engagement, and the application        context, reliability, and timeliness, for the purpose of ensuring
of due diligence in sustainability management.                      that information presented provides a comprehensive,
                                                                    relevant, and useful picture for stakeholders in assessing the
                                                                    Company’s sustainability performance and commitments.




            Accuracy                         Balance                        Clarity                         Comparability



   Information is presented          Performance disclosures       Information is presented        Information is presented
   accurately and sufficiently       reflect both positive and     clearly, is easy to             consistently from period
   to enable stakeholders            negative aspects in a         understand, and is openly       to period, enabling
   to properly assess the            proportionate manner to       accessible to stakeholders.     stakeholders to evaluate
   Company’s performance.            provide an objective and                                      changes and performance
                                     comprehensive view.                                           trends over time.




                                             Sustainability
            Completeness                                                    Reliability                     Timeliness
                                             Context


   The report fully presents         Disclosures consider          Information and the             The report is issued on a
   significant activities, events,   the broader sustainable       reporting process are           regular basis to ensure
   and impacts that occurred         development context by        disclosed in a manner that      the availability of relevant
   during the reporting period.      referring to international    allows them to be traced        and timely information
                                     standards and frameworks      and that reflects the quality   for stakeholder decision-
                                     such as the OECD              and materiality of the          making.
                                     Guidelines, the Sustainable   information presented.
                                     Development Goals
                                     (SDGs), and the UN Guiding
                                     Principles on Business and
                                     Human Rights, and are
                                     aligned with the Company’s
                                     national and operational
                                     context.




                                                                                                                Sustainability Report 2025
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12




         Determining Material Topics [GRI 3-1]

     The determination of material topics for the 2025 Sustainability Report was conducted with reference to the Global Reporting
     Initiative (GRI) 2021 Standards through the AKR Materiality Framework, ensuring the topics are relevant to the Company’s
     sustainability impacts, risks, and opportunities.

     The stages of determining material topics are as follows:




                  1      Industry Benchmarking

                  AKR conducted benchmarking of sustainability practices and issues across peer companies and
                  comparable industries, including logistics and distribution, storage and transportation, industrial estates,
                  and other business lines. The mapping of material topics was based on the Sustainability Accounting
                  Standards Board (SASB) standards, aligned with the International Standard Industry Classification (ISIC).




                  2      In-depth Internal Discussions

                  The results of the benchmarking and SASB–ISIC mapping was discussed through in-depth internal
                  discussions involving the AKR ESG Task Force, which comprises representatives from all AKR subsidiaries.




                  3      Topic Prioritisation

                  Based on these discussions, the ESG Task Force prioritised sustainability topics that are considered to have
                  a significant impact on the continuity of the Company’s business, considering stakeholder expectations at
                  both subsidiary and parent-Company levels.




                  4      Validation by the ESG Committee

                  The prioritised topics were then validated in the ESG Committee forum, which involves AKR’s senior
                  management. At this stage, the material topics were aligned with the AKR Sustainability House as the main
                  strategic framework for all sustainability initiatives across the Company and its subsidiaries.




                  5      Approval by the Board of Directors

                  The final list of material topics for the 2025 Sustainability Report was subsequently approved by the AKR
                  Board of Directors prior to being disclosed in the report.




         Determining Material Topics [GRI 3-2][GRI 3-3]

     Material topics are defined as issues that have a significant impact on the sustainability of Company operations and performance,
     identified by considering the characteristics and key issues of each industry sector in which the Company operates.

     In determining these topics, AKR refers to the Sustainability Accounting Standards Board (SASB) standards as the basis for
     mapping relevant sustainability issues, which is then enriched by stakeholder input and expectations. The identification and
     assessment are carried out through internal engagement at both the parent-Company level and across individual subsidiaries.



     Sustainability Report 2025
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                                                                                                                                                                               13




                                                                                                                                                                               About this Report
                                                                                                                   Integrated
                                                    Trading & Distribution   Transportation & Storage           Industrial & Port            Other Businesses
                                                                                                                     Estate
Cat.                                Issues
                                                                                      Road          Marine     Industrial Port &     Adhesives    bp AKR Petrol Aviation
                                                    Chemicals Biofuels Storage
                                                                                 Transportation Transportation   Estate   Utilities Manufacturing   Stations      Fuel

                              GHG Emissions

                              Air Quality

                              Energy
                              Management
Environment




                              Water &
                              Wastewater
                              Management

                              Waste &
                              Hazardous
                              Material
                              Management

                              Ecological
                              Impacts

                              Human Rights
                              & Community
                              Relations

                              Customer Privacy

                              Data Security
Social Capital




                              Access &
                              Affordability

                              Product Quality &
                              Safety

                              Customer Welfare

                              Selling Practices &
                              Product Labeling

                              Labor Practice
Human Capital




                              Employee Health
                              & Safety

                              Employee
                              Engagement,
                              Diversity &
                              Inclusion

                              Product Design
                              & Lifecycle
                              Management
Business Model & Innovation




                              Business Model
                              Resilience

                              Supply Chain
                              Management

                              Materials Sourcing
                              & Efficiency

                              Physical Impacts
                              of Climate
                              Change

                              Business Ethics
Leadership & Governance




                              Competitive
                              Behavior

                              Management of
                              Legal & Regulatory
                              Environment

                              Critical Incident
                              Risk Management

                              Systemic Risk
                              Management




                                                                                                                                                  Sustainability Report 2025
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14




     The list of material topics and the materiality matrix, determined through the AKR Materiality Framework using a sector-based
     approach based on the International Standard Industry Classification (ISIC) and the Sustainability Accounting Standards Board
     (SASB) Materiality Map, for the 2025 Sustainability Report are presented as follows:


                                                                                                     CATEGORY 1: ENVIRONMENT
                                                                                                     1.   GHG Emission
                                                                                                     2.   Air Quality
                                                                                                     3.   Energy Management
                                                                                                 2   4.   Water & Wastewater Management
                                                                                             1       5.   Waste & Hazardous Material Management
                                                                             2                       6.   Ecological Impacts
                                                                                     2   3
                                                                     4       1
                                                                                         4           CATEGORY 2: SOCIAL CAPITAL
                                                                                 3   4               1.   Human Rights & Community Relations
      Importance for stakeholders




                                                                                                     2.   Customer Privacy & Data Security
                                                                                                     3.   Access & Affordability
                                                                 2                                   4.   Product Quality & Safety
                                                                                                     5.   Selling Practice & Product Labelling
                                                     5
                                                 3
                                                             5   1                                   CATEGORY 3: HUMAN CAPITAL
                                             1
                                                                                                     1. Labour Practice
                                                                                                     2. Employee Health & Safety
                                                             2                                       3. Employee Engagement, Diversity & Inclusion

                                                 6                       3
                                                                                                     CATEGORY 4: BUSINESS MODEL & INNOVATION
                                                                                                     1. Product Design & Lifecycle management
                                    3                                                                2. Business Model Resilience
                                                                                                     3. Supply Chain Management
                                                         1

                                                                                                     CATEGORY 5: LEADERSHIP & GOVERNANCE
                                                                                                     1.   Business Ethics
                                                                                                     2.   Competitive Behavior
                                                                                                     3.   Legal & Regulatory Compliance
                                        Importance for the organisation                              4.   Critical Incident Risk Management




     Sustainability Report 2025
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                                                                                                                                               15




                                                                                                                                               About this Report
   Ensuring Report Credibility [GRI 2-5][SEOJK G.1]

To enhance the credibility and reliability of disclosures, the Global Reporting Initiative (GRI) Standards and the Financial Services
Authority (OJK) regulations recommend external assurance by an independent party. AKR recognises the importance of external
verification as part of its efforts to ensure the quality and integrity of the information disclosed and is considering the adoption of
external assurance for future reports.

For the 2025 AKR Sustainability Report, all data and information disclosed has undergone a structured internal verification
process that involves data contributors, the relevant division or department heads, and the corporate secretary function, and
receives final approval from the Board of Directors, ensuring accurate and accountable information, prepared in accordance with
applicable standards and regulations.


   Response to Feedback on the Previous Report [SEOJK G.3]

As a follow-up to feedback provided by the Financial Services Authority (OJK), this Sustainability Report has been enhanced to
ensure full compliance with the disclosure requirements set out in OJK Circular Letter No. 16/SEOJK.04/2021 on the Form and
Content of the Annual Report of Issuers or Public Companies.


   Accessibility and Feedback [GRI 2-3][SEOJK G.2]

This Sustainability Report is available for download through the        Corporate Secretary PT AKR Corporindo Tbk
Company’s official website at www.akr.co.id. The Company
also invites stakeholders to submit feedback, questions,                AKR Tower Lantai
                                                                                     26th Floor,
                                                                                            26,
suggestions, and comments regarding this report through                 Jl. Panjang No.5 Kebon Jeruk,
the feedback form provided at the end of the report or via the          Jakarta Barat 11530, Indonesia,
following contact details:                                              Telp      : (021) 5311110,
                                                                        E-mail : corporate.secretary@akr.co.id.




                                                                                                                  Sustainability Report 2025
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          02
Company
Profile
Page 19

          
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18




         Company
         Profile
         [SEOJK C.2, C.1, C.3, C.5, C.4, C.6, F.1, GRI 2-1, 2-6, 414-1, 414-2, 2-28]



     Starting as a basic chemicals trading company, PT AKR                               petroleum retail, and aviation fuel. This partnership-driven
     Corporindo Tbk has evolved into one of Indonesia’s leading                          approach forms an important part of efforts to expand service
     businesses, focusing on the distribution of petroleum and                           coverage and to strengthen AKR’s position across its business
     basic chemicals. To support its expanding business scale, AKR                       segments.
     consistently strengthens operational efficiency by innovative
     information technology platforms. These systems enable                              AKR’s current operational capacity is supported by a logistics
     integrated monitoring of product movement, inventory                                infrastructure network spread across Indonesia, comprising
     management, and distribution planning from upstream to                              19 (nineteen) sea and river ports and 21 (twenty-one) storage
     downstream.                                                                         tank terminals that support smooth distribution and reliable
                                                                                         supply, and serves as a key foundation in maintaining service
     In terms of market development, AKR’s growth strategy                               continuity for customers.
     includes strategic partnerships with various parties that
     includes the development of integrated industrial and
     port areas such as the Java Integrated Industrial and Ports
     Estate (JIIPE), as well as cooperation in the chemical sector,




         Operational Locations [OJK C.3] [GRI 2-1][GRI 2-6]

                                                                    Tank Terminal Location
                                                                                                                     13 Branches
                                                                                                                     19 Sea and River Ports

                          Medan                  Pontianak
                                                                Buntok                                         Manado-Bitung




                                     Palembang

                                                                                Palaran

                                                                                                    Morowali
                                                                                Stagen
                                                Jakarta-Priok
                  Lampung                                                Banjarmasin
                         Ciwandan


                                  Bandung
                                      Semarang               Surabaya
                                                                         Bali




     Sumatera                               Java-Bali                                    Kalimantan                       Sulawesi
     46,100 KL                              584,200 KL                                   159,600 KL                       30,500 KL

     •   Medan Anggada                      • Banten Ciwandan                            •   Pontianak                    • Morowali
     •   Medan Gabion                       • Jakarta Tank Terminal (JTT)                •   Buntok Muara Teweh           • Bitung
     •   Palembang Andahanesa               • Tj Priok                                   •   Banjarmasin
     •   Lampung                            • Bandung                                    •   Stagen – Kalsel
                                            • Semarang Tj Emas                           •   Palaran
                                            • Surabaya Nilam Timur
                                            • Surabaya Nilam Utara
                                            • Manyar - KEK JIIPE
                                            • Anugrah Kreasi Pratama
                                              Indonesia (AKPI)
                                            • Terminal Nilam
                                              Utara (TNU)
                                            • Bali



     Sustainability Report 2025
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                                                                                                                                            19




   Company's Milestones




                                                                                                                                            Company Profile
AKR’s journey began in Surabaya in 1960, operating a basic         2010 AKR obtained authority from the Downstream Oil and
chemicals trading business under the name PT Aneka Kimia           Gas Regulatory Agency (BPH Migas) to distribute subsidized
Raya. Expansion during the 1970s saw the development of            petroleum in several regions of Indonesia.
storage tank and warehousing facilities at various major ports
across Indonesia, strengthening AKR’s position and leading         AKR’s strengthening role in industrial estate development saw
to its recognition as the largest chemical distributor in the      a strategic partnership with Pelindo in 2013, giving rise to an
country.                                                           integrated industrial estate with a deep-sea port - the Java
                                                                   Integrated Industrial and Ports Estate (JIIPE) project in Gresik,
The 1980s saw a need to support an increasingly larger             East Java. The development of JIIPE is managed by PT Berkah
business scale, prompting AKR to relocate its head office to       Kawasan Manyar Sejahtera (BKMS), while port operations are
Jakarta. This became an important foundation for the next          carried out by PT Berlian Manyar Sejahtera (BMS), an affiliated
milestone of listing shares on the Indonesia Stock Exchange.       entity. AKR indirectly holds 60% (sixty percent) of the shares
On 3 October 1994, AKR officially conducted its Initial Public     in PT BKMS through UEPN, while Pelindo holds 40% (forty
Offering (IPO) and began trading under the ticker code AKRA.       percent) through BJTI; the ownership structure in PT BMS
                                                                   applies in reverse.
A diversification strategy saw business development broaden
and a change of name to PT AKR Corporindo Tbk in 2004,             The strategic value of JIIPE was further strengthened with the
with the scope of business activities that included trading        Indonesian government designating it a Special Economic
in chemicals, petroleum, and gas, as well as the provision         Zone (SEZ) for Technology and Manufacturing through
of logistics, transportation, warehouse and tank rental,           Government Regulation Number 71 of 2021, issued on 28
expedition, and packaging services. In addition, workshops,        June 2021. This positions JIIPE as one of the most competitive
construction, and service activities (excluding legal services),   industrial estates in Indonesia, particularly for Java and
and acting as a partner and agent for various companies at         Eastern Indonesia. In addition to being part of a National
both the national and international levels were included.          Strategic Project, the area has also been designated for the
                                                                   development of the world’s largest copper smelter, which
AKR’s strategy in the energy sector became increasingly            commenced with a groundbreaking ceremony in August 2021
evident in 2005, when the Company became the first national        attended by the then President of the Republic of Indonesia.
private company to distribute non-subsidized petroleum.
Growing stakeholder trust led to further assignments, and in




                        PT AKR CORPORINDO Tbk                                              PT PELABUHAN INDONESIA

                 Public listed company, leading integrated                           A State owned ports in Central Java, East
                   logistic services, and bulk chemical &                              Java, Bali, South Kalimantan, Central
                      energy distribution in Indonesia                                   Kalimantan, and Nusa Tenggara




                                99,99%                                                              99,99%



                  PT USAHA EKA PRATAMA NUSANTARA                                    PT BERLIAN JASA TERMINAL INDONESIA

                         Logistic services provider                                         Logistic services provider




                             60%          40%                                                    40%          60%
                   PT Berkah Kawasan Manyar Sejahtera                                       PT Berlian Manyar Sejahtera



                                                                                                               Sustainability Report 2025
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20




        In 2010, AKR established the largest independent private-      Energy portfolio development continued in the gas
        sector oil storage terminal at the Port of Jakarta through a   distribution sector with the establishment of a joint venture
        joint venture with Royal Vopak, which was subsequently         with PT Bayu Buana Gemilang (BBG) on 4 August 2021.
        expanded to a capacity of 350,000 kiloliters. In 2017, AKR     Through its subsidiary, PT Berkah Buana Energi (BBE), AKR
        expanded within the energy retail sector via a strategic       manages and distributes natural gas in the JIIPE SEZ and
        partnership with bp for the distribution of petroleum          surrounding areas, while also exploring opportunities
        and lubricants. This collaboration also covered the            beyond the zone. Under this ownership structure, AKR
        supply of aviation fuel at several airports in Indonesia and   holds 65% (sixty-five percent) as the majority shareholder,
        further strengthened AKR’s market position through the         while BBG owns 35% (thirty-five percent). In early 2024,
        development of the bp AKR retail station network. Business     AKR further strengthened its energy services at Gresik
        diversification continued in 2020 with the establishment of    by establishing two new subsidiaries, namely PT Berkah
        a joint venture with PETRONAS Chemicals Group Berhad           Renewable Energi Nusantara (BREN), engaged in power
        for chemical distribution activities in Indonesia, becoming    plant operations and energy supply, and Terminal Energi
        effective in 2021.                                             Primer (TEPR), which operates in warehousing, storage, and
                                                                       energy support services at Gresik.




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                                                                                                                                                        21




Throughout 2024, AKR’s energy retail network continued to                         continued to grow and reached 176 (one hundred and
expand with the operation of 72 (seventy-two) bp-AKR retail                       seventy-six) outlets across various regions in Indonesia,




                                                                                                                                                        Company Profile
outlets across various regions of Indonesia. Supported by                         supported by cross-sector strategic partnerships
the implementation of an integrated technology system                             to expand market reach and the customer base. The
and in line with the expansion of AKR and bp-AKR retail                           collaboration between AKR and bp not only covers
networks reaching the Frontier, Outermost, and Least                              petroleum retail, but also the development of the
Developed areas (3T), trust in AKR as an Implementing                             lubricants market and the distribution of aviation fuel at
Business Entity for the Provision and Distribution of Certain                     new airports. As of 31 December 2025, the number of bp
Types of Petroleum (P3JBT) was further strengthened. To                           AKR retail stations in operation stood at 72 (seventy two)
broaden the customer base and business portfolio, AKR                             units, with network development continuing in a gradual
created strategic collaborations, including the signing of                        and sustainable manner.
a Joint Development Agreement with BP GAS & POWER
for the development of an LNG project at JIIPE, as well as                        In 2025, the Gresik JIIPE Special Economic Zone
the registration of share ownership in Chemical Petroleum                         was inaugurated as Indonesia’s Precious Metals
International Trading Pte. Ltd to strengthen chemical and                         Downstreaming Hub and further developed into an
petroleum trading activities.                                                     integrated industrial ecosystem, focusing on copper
                                                                                  processing, chemicals, and renewable energy. In the same
In 2025, expanding the distribution network stayed a                              year, AKRA was also recognized as an ASEAN Asset Class
key focus for AKR, alongside improving the Company’s                              Public Listed Company.
presence in urban areas. The bp AKR retail network



Note:
Further details on the Company’s milestones are available in the Annual Report.




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        Vision, Mission,
        and Company Values
        [SEOJK C.2]




          Vision                  Mission

          The leading             Optimizing our
                                  potential to build
          provider                sustainable
          of logistic             stakeholders' value.
          services and
          supply chain
          solutions for
          bulk chemical
          & energy
          distribution in
          Indonesia.




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                                                                                                                               23




                                                                                                                               Company Profile
Meaning
of the Company Logo




The Company’s logo is a representation of our vision       1. The Company’s logo is formed by placing the
to be the leading provider of logistics services and          letters “AKR” from the Company’s acronym as its
supply chain solutions for chemicals and energy in            central element.
Indonesia. This serves as a strategic direction, guiding   2. The acronym is positioned within a blue circle
AKR in building world-class performance through the           to signify that AKR is a business with a global
effective management of assets and resources. At              reputation.
the same time, the logo also reflects the Company’s        3. The red color on the letter “A” represents a light
commitment to establishing sustainable strategic              that symbolizes the Company’s sincerity and
partnerships that support business growth and                 integrity in conducting its business through sound
expand AKR’s business impact at both national and             and responsible business activities.
regional levels.                                           4. The white symbolizes a professional attitude
                                                              and the Company’s commitment to comply with
                                                              applicable business regulations and consistently
                                                              uphold fair and equal competition practices.




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         Business Activities [OJK C.4][GRI2-6]

     Over time, AKR has expanded its business scope across               Operationally, AKR’s business activities are grouped into two
     various strategic sectors, including industry, trading, and         main categories, namely core businesses and supporting
     transportation and warehousing, covering leasing and rental         businesses. The Company’s core businesses comprise four
     activities without option rights, manpower services, travel         segments: trading and distribution of Petroleum and basic
     agencies, and other supporting services. The Company is also        chemicals, logistics infrastructure, manufacturing activities,
     engaged in energy provision, including electricity, gas, steam,     and the management of integrated industrial estates and
     hot water, and cooling, as well as professional, scientific, and    ports. The supporting businesses include transportation
     technical activities, including construction services. These        and warehousing services, construction, and the provision
     adjustments were formalized through amendments to Article           of energy, including electricity, gas, steam, hot water, and
     3 of the Company’s Articles of Association, as approved at          cold air. This grouping reflects AKR’s strategy in developing a
     the Extraordinary General Meeting of Shareholders on April          focused business portfolio, expanding its operational reach,
     28, 2022.                                                           and strengthening the foundation for sustainable business
                                                                         growth across multiple sectors.




         Trading and Distribution

     In the trading and distribution segment, the Company focuses on developing its business in the 2 (two) main product lines of
     petroleum and basic chemicals.



        Industrial Petroleum Products and Industrial Lubricants


                           Biodiesel                       Marine Petroleum, IDO                               Lubricants




              Mining          Plantations     Power      Manufacturing     Vessels             Manufacturing     Vessels      Heavy
                                            Generation                                                                      Equipment




                    Vessels             Shipping




     1. Non-Subsidized Industrial Petroleum                                 In August 2018, the Company began distributing biodiesel
        Since 2005, AKR has played an active role in meeting                in line with government policies to reduce greenhouse
        the demand for non-subsidized industrial petroleum                  gas (GHG) emissions, strengthen national energy security,
        in Indonesia by strengthening a logistics network that              and support the achievement of the New and Renewable
        serves various strategic sectors, including mining, power           Energy (NRE) mix target of 23% (twenty-three percent) by
        generation, manufacturing, transportation, and bunker               2025, a reflection of AKR’s commitment to a clean energy
        services. To ensure supply reliability, the Company                 transition. By leveraging its broad industrial customer base,
        manages tank terminals with a total capacity of 820,400             AKR encourages the adoption of more environmentally
        KL (kiloliters) in major ports, enabling efficient and              friendly energy across various business sectors.
        dependable distribution.




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                                                                                                                                              25




  Retail Petroleum Products and Aviation Fuel Products




                                                                                                                                              Company Profile
                 Subsidized                             Non-Subsidized                                Aviation Fuel
                                               High-octane gasoline (RON 92 and RON
               Biodiesel (B40)                                                                     Aviation Turbine Fuel
                                                 95), premium-quality diesel, active
                                                   technology (CN 48 and CN 51)




        non commercial   Fishing Vessels                   Motor Vehicles                                 Aircraft
           vehicles




2. Non-Subsidized Retail Petroleum                                  3. Subsidized Retail Petroleum
   The partnership with bp was an April 2017 important step for        Government trust in AKR for the distribution of subsidized
   AKR in strengthening the non-subsidized retail petroleum            petroleum began in 2010, when the Company was
   business in Indonesia. The collaboration is conducted               appointed by the Downstream Oil and Gas Regulatory
   through PT Aneka Petroindo Raya under the bp AKR Fuels              Agency (BPH Migas) to distribute petroleum through the
   Retail brand, where the bp AKR retail station network meets         Automotive Fuel Filling Stations (SPBKB) and Fishermen
   consumer demand for high-quality fuel that complies with            Fuel Filling Stations (SPBN) networks across Indonesia. This
   Euro 4 standards, while also delivering added value through         distribution was carried out under the AKRA SOL brand,
   supporting facilities such as minimarkets and food outlets.         which later transitioned into biodiesel products in line with
                                                                       national energy policies.
   At the end of 2025, AKR operated 72 (seventy-two) retail
   stations bp AKR retail stations located across the Greater           With an extensive operational reach, AKR manages
   Jakarta area, Surabaya, Gresik, Malang, as well as several           SPBKB and SPBN networks across Sumatra, Java, Bali,
   rest areas along the Cipularang, and the Pasuruan–                   and Kalimantan through the continued mandate from BPH
   Probolinggo toll roads. In a dynamic energy industry, the            Migas, supporting the distribution of subsidized biodiesel,
   retail Petroleum segment is regarded as a strategic driver           while also playing an active role in the implementation of
   of the Company’s sustainable long-term growth.                       the One-Price Fuel program in the Frontier, Outermost,
                                                                        and Least Developed (3T) areas, to ensure more equitable
                                                                        access to energy for Indonesian communities.


                          Product Type                                                        Product

                                                                   • Biodiesel (B40)
 Non-Subsidized Industrial Petroleum                               • Industrial Diesel Oil (IDO)
                                                                   • Marine Fuel Oil
                                                                   • Gasoline RON 92 and RON 95
 Non-Subsidized Retail Petroleum
                                                                   • High Quality Diesel (CN 48 and CN 51)
 Subsidized Petroleum                                              Biodiesel (B40)




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     4. Basic Chemicals                                                          This business was established in the 1960s, when AKR
        In the basic chemicals supply chain, AKR is a strategic                  developed its first storage tank terminal in Indonesia. The
        partner of PT Asahimas Chemical, distributing a wide                     expansion of the logistics infrastructure has become an
        range of products, including chlor alkali, solvents, and                 important cornerstone in supporting national industrial
        various organic and inorganic compounds. Beyond                          growth, further strengthening the Company’s reputation as
        this partnership, the Company also conducts trading                      a reliable chemical distribution service provider.
        and distribution of basic chemicals sourced from both
        domestic and international suppliers to meet customer
        demand across multiple industrial sectors.


                              Basic Chemicals Products                                                Consumers

       •     Caustic Soda                                                    •   Household Products Manufacturers
       •     Sodium Hypochlorite                                             •   Textiles
       •     Hydrogen Peroxide                                               •   Glass
       •     PVC Resins                                                      •   Paper
       •     Soda Ash                                                        •   Fertilizers
       •     Sulphuric Acid                                                  •   Chemical and Pharmaceutical
       •     Hydrochloric Acid                                               •   Plastics
       •     Sodium Sulphate                                                 •   Food Additives
       •     Methanol                                                        •   Smelters

     5. Lubricants                                                              In developing the non-subsidized retail petroleum and
        To strengthen the downstream business portfolio, AKR’s                  aviation fuel businesses, AKR collaborates with bp Global
        lubricant business is conducted through PT Anugerah                     through the establishment of joint ventures, including
        Lubrindo Raya (ALR), established on 7 February 2019 as part             bp-AKR, which operates 72 (seventy-two) retail stations,
        of PT Anugerah Krida Retailindo, with a focus on trading and            and PT Dirgantara Petroindo Raya, which manages 2 (two)
        distributing lubricants.                                                aviation fuel depots. This strengthens AKR’s position
                                                                                in the energy supply chain, serving both land and air
        Through ALR, AKR distributes Castrol-branded lubricants                 transportation needs.
        for a wide range of needs, including industrial, maritime,           7. Gas
        and mining sectors, as well as commercial vehicles. ALR                 On 4 August 2021, AKR expanded its energy business
        supports the provision of reliable lubrication solutions                portfolio through a joint venture with PT Bayu Buana
        to customers across multiple sectors, while also                        Gemilang (BBG), namely PT Berkah Buana Energi (BBE), to
        expanding value creation within the energy and industrial               develop and manage a natural gas distribution network
        distribution chain.                                                     through pipelines connecting supply sources with industrial
     6. Aviation Turbine Fuel                                                   customers. The initial development focus is JIIPE in Gresik,
        AKR's expansion into the aviation fuel distribution business            East Java, in an effort to meet the energy needs of the
        began in November 2016 through a strategic partnership                  industrial area in a reliable and sustainable manner. Under
        with Air bp, which led to the establishment of the joint                this collaboration, AKR holds 65% (sixty-five percent) of
        venture PT Dirgantara Petroindo Raya (DPR).                             the shares, while BBG holds 35% (thirty-five percent).

           A key milestone was achieved in August 2019, when DPR
           operated its first aviation fuel depot at the dedicated
           industrial airport in the IMIP Morowali area, Central Sulawesi,
           making AKR the first national private company to distribute
           aviation fuel in Indonesia.




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                                                                                                                                           27




   Services




                                                                                                                                           Company Profile
AKR provides land transportation services through PT AKR            For storage, PT Jakarta Tank Terminal manages an independent
Transportasi Indonesia to support the smooth flow of the            tank terminal at Tanjung Priok Port with a capacity of 350,000
supply chain. In addition to the land fleet, the Company            cbm. This development forms part of AKR’s efforts to maintain
also operates large-capacity vessels for direct deliveries to       the reliability of large-scale product receiving, storage, and
customers, with maritime transportation partnerships through        transportation processes.
PT AKR Sea Transport.



                                                             Products

                                                    Bulk Cargo Handling Services
                                                    Container Handling Services
                                                    Land and Sea Transportation
                                                           Storage Tanks
                                                Vendor Managed Inventory (VMI)
                                                           Warehousing
                                       Port Services through affiliated company PT BMS




   Manufacturing

PT Arjuna Utama Kimia (Aruki), operating out of Surabaya, East Java, manages AKR’s contribution to the manufacturing segment.
Through Aruki, AKR produces high-quality wood adhesives that are supplied to various companies in the national wood and paper
industries.

              Product Type                                     Brand                                   Application

 Urea-formaldehyde Resin                    Uloid                                       Plywood & wood lamination
 High Solid Urea-formaldehyde Resin         Uloid                                       Particle Board and MDF
 Melamine-formaldehyde Resin                Uloid                                       Plywood & wood lamination
 Planol-formaldehyde Resin                  Uloid                                       Plywood & wood lamination
 Two Component Vinyl Urethane                                                           Wood working, Furniture, Flooring &
                                            Struct Bond
 Adhesive                                                                               FJLB
                                                                                        High performance dry strength
 Polyacrylamide Monomer (PAM) Resin         HOFMANN
                                                                                        enhancement resin for paper
                                                                                        High performance dry strength
 Polyacrylamide Monomer (PAM) Resin         HOPELON
                                                                                        enhancement resin for paper
 Melamine Resin                             URAMIN                                      Paper wet strength improvement resin
 Poly Vinyl Acetate                         PVAc                                        Multipurpose glue for wood and paper




   Industrial Estate

Since partnering with Pelindo in 2013, AKR has been actively        and sixty-one) hectares for industrial areas, 406 (four hundred
developing JIIPE as an integrated industrial and port estate.       and six) hectares for the seaport, and approximately 800
Covering approximately 3,000 hectares, the estate is                (eight hundred) hectares for residential and commercial
designed to provide efficient logistics and energy solutions        development by an affiliate of AKR. The development of
for industrial players, with 1,761 (one thousand seven hundred      JIIPE forms part of AKR’s long-term strategy to strengthen an
                                                                    integrated and highly competitive industrial ecosystem.




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                                  Product Type                                                  Product

       Industrial Estate                                              Industrial Land
       Port and Port Services                                         Bulk Handling Services
                                                                      •   Power Plant
                                                                      •   Water Treatment Plant
                                                                      •   Waste Water Treatment Plant
       Utilities & Infrastructures
                                                                      •   Gas
                                                                      •   Fiber Optic
                                                                      •   Port Services




         Markets Served

     AKR serves the national market through a network of storage       In developing its non-subsidized retail petroleum and aviation
     tanks and terminals at 19 (nineteen) major ports in Indonesia,    fuel businesses, the Company has established strategic
     supported by a wide distribution logistics infrastructure.        partnerships with bp Global through joint ventures, including
     Distribution operations are conducted by dedicated vessel         bp AKR, which as of the end of December 2025 operated 72
     and truck fleets for petroleum and basic chemicals, enabling      (seventy-two) retail stations, and PT Dirgantara Petroindo
     the needs of thousands of customers across multiple               Raya (DPR), which manages 2 (two) aviation fuel depots in
     industrial sectors to be met. Products include biodiesel, fuel    Indonesia. In the subsidized retail segment, the Company
     oil, and Euro 4 standard fuels for commercial, mining, power      distributes biodiesel for motor vehicles and fishermen,
     generation, manufacturing, construction, fisheries, bunker,       reaching Java, Sumatra, Kalimantan, and Sulawesi. In addition
     and other industrial sectors.                                     to the bp AKR retail network, the Company also provides
                                                                       limited non-subsidized fuel retail sales through some of AKR
                                                                       fuel stations.




         Green Energy Products [GRI2-1] [SEOJK F.5]

     For sustainability, AKR is gradually strengthening its green      • The provision of biodiesel and EURO 4 standard gasoline
     energy portfolio to support a transition toward more                designed to be environmentally friendly.
     environmentally friendly energy through the development of        • The operation of natural gas and solar-based power plants
     supporting business activities aligned with industrial needs        implemented at JIIPE Gresik.
     and national energy policies, including:




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                             Company Profile




Sustainability Report 2025
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30




        General Information
        and Company Identity                                                      [GRI 2-1] [GRI 2-6]




                           PT AKR Corporindo Tbk                                              28 November 1977
     Company                                                                  Date of
     Name                                                                     Establishment
     [GRI 2-1]


     Legal Status          Public Limited Liability Company (Tbk)             Life of         •   Trading and Distribution
     [GRI 2-1]                                                                Business        •   Logistics Services
                                                                              [GRI 2-6]       •   Manufacturing
                                                                                              •   Industrial Estate


     Legal Basis of        Deed No. 46 dated 28 November 1977, drawn          Authorized
     Establishment         up before Sastra Kosasih, Notary in Surabaya,      Capital         Rp750,000,000,000
     [GRI 2-1]             and approved as a legal entity pursuant to         (Before Stock   divided into 37,500,000,000 shares, each share having a
                           the Decree of the Minister of Justice of the       Split)          nominal value of Rp20
                           Republic of Indonesia No. Y.A.5/161/7 dated
                           14 June 1978, and published in the State
                                                                              Paid-Up
                           Gazette of the Republic of Indonesia No. 101
                           dated 19 December 1978, Supplement No.             Capital         Rp401,469,492,000
                           741/1978                                           (Before Stock   consisting of 20,073,474,600 shares with a nominal
                                                                              Split)          value of Rp20 that have been issued and fully paid in the
                                                                                              Company




                                                                                              AKRA
                                                                              Stock
                                                                              Code
        Shareholders          2.15%            1.36%
        as of
        December 31,                                                          Stock Listing   Listed on the Indonesia Stock Exchange on 3
        2025                                                                  on the Stock    October 1994
                                                            32.78%            Exchange


                                                                              Number of
                                                                              Employees as
                                                                                              2,474 employees
                63.71%                                                        of December
                                                                              31, 2025



           PT Arthakencana Rayatama   Public   Management    Treasury Stock




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                                                                                                                                          31




                                                                                                                                          Company Profile
Head Office          AKR Tower 26th Floor                         Company              +62 21 5311110
Address              Jl. Panjang No.5 Kebon Jeruk                 Contact              corporate.secretary@akr.co.id
                     Jakarta Barat 11530, Indonesia
                                                                                       www.akr.co.id




   Association Memberships [GRI 2-28]
AKR is actively involved in various industry associations that are relevant to its lines of business, reflecting AKR’s commitment
to contributing to industry development, while strengthening the Company’s position through the exchange of perspectives,
collaboration, and engagement in strategic forums and initiatives with stakeholders. Through these memberships, AKR builds
synergies that support sustainable and responsible business practices.

                            Association Name                                                 Position

 Asosiasi Pengusaha Indonesia (APINDO)                                                                                   Member
 Kamar Dagang dan Industri Indonesia (KADIN)                                                                             Member
 Asosiasi Emiten Indonesia (AEI)                                                                                         Member
 Indonesia Corporate Secretary Association (ICSA)                                                                        Member
 Association of Indonesian Investor Relations                                                                    Vice Chairman


   Scale Of Operations [OJK C.3]

  Description                                Unit                       2025                     2024                        2023

 Total Employees                         Employees                      2,474                    2,452                        2,813
 Total Assets                           Billion Rupiah                 36,562                   33,109                     30,255

 Total Sales and Revenue                Billion Rupiah                 46,018                   38,729                     42,087


 Net Profit for the Year                Billion Rupiah                  2,473                    2,399                       3,078

 Total Equity                           Billion Rupiah                 15,609                   14,624                      14,043
 Total Liabilities                      Billion Rupiah                 20,952                   18,485                       16,212




                                                                                                             Sustainability Report 2025
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        Awards and
        Certifications
         Awards


     01       Oil and Gas Safety 2025:         02 The Best Execution            03 CSR Award
              • Patra Nirbhaya Karya                Winner in Distribution           Pemkab Gresik
                  Utama for AKR                     Industry
              • Patra Nirbhaya Karya                SPEX2 Award 2025
                  Utama for PT Aneka
                  Petroindo Raya
                  (bp AKR)
              • Patra Nirbhaya Karya
                  Madya for PT Jakarta
                  Tank Terminal (JTT)
              Ministry of Energy and Mineral   04 Castrol Global Award for      05 Indonesia Safety Culture
              Resources (ESDM) through the          Sustained                        Award (WISCA) for PT
              Directorate General of Oil and        Growth and Technical             Jakarta Tank Terminal (JTT)
              Gas                                   Excellence (ALR)                 Gold Medal 4 Star
                                                    Castrol Global Conference        Category
                                                                                     World Safety Organization (WSO)
                                         01




                                                         02

                                                                         03           04
                                                                                                       05




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                                                                                                            Company Profile
06 The Most Committed Corporate       07 Excellence in Investment
     to Economic and Community            Dominance and Strategic
     Empowerment; Infrastructure          Downstreaming
     and Environment; Sports, Arts,       Bisnis Indonesia
     and Culture; Education; Social
     and Religious Affairs
     Gresik Regency




08 ANUGERAH ESG 2025                  09 Synergy Award for Downstream
     Indonesia Stock Exchange              Oil and Gas Business Entities
                                           and the Downstream Oil and
                                           Gas Regulatory Agency (BPH
                                           Migas) for Disaster Response in
                                           the Sumatra Region
                                           Downstream Oil and Gas Regulatory
                                           Agency (BPH Migas)




                          07




                                                                08
                                                                                                    09
06




                                                                               Sustainability Report 2025
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           Certifications

      01       ISO 9001:2015 for scope Industrial Petroleum Trading
               &Distribution (Branch: Medan, Pontianak, Jakarta,
                                                                         06 ISO 9001:2015 PT Berkah Kawasan Manyar Sejahtera
                                                                            (BKMS) - The provision of utilities services for
               Lampung, Bandung)                                               industrial estate

               9 July 2023 - 8 July 2026                                       13 December 2025 – 13 December 2028
               LQRA                                                            MSC Global


      02 Safety Management System for Public
         TransportCompanies
                                                                         07 ISO 14001:2015 PT Berkah Kawasan Manyar Sejahtera
                                                                            (BKMS) - The provision of utilities services for
                                                                               industrial estate
               27 December 2024 - 27 December 2029
               Ministry of Transportation, Directorate General of Land         13 December 2025 – 13 December 2028
               Transportation                                                  MSC Global


      03 ISO 9001:2015 PT Arjuna Utama Kimia (ARUKI) -KAN                08 ISO 45001:2015 PT Berkah Kawasan Manyar
                                                                            Sejahtera (BKMS) - The provision of utilities services
               30 August 2025 – 30 August 2028                                 for industrial estate
               Bureau Veritas (BV)
                                                                               13 December 2025 – 13 December 2028
                                                                               MSC Global
      04 ISO 9001:2015 PT Arjuna Utama Kimia (ARUKI) -BVCH
         SAS UK Barnch

               30 August 2025 – 30 August 2028
                                                                         09 ISO 14001:2015 PT Berlian Manyar Sejahtera (BMS)
               Bureau Veritas (BV)                                             23 August 2023 - 23 August 2026
                                                                               SAI GLOBAL

      05 ISO 14001:2015 PT Arjuna Utama Kimia (ARUKI)
               4 December 2024 - 4 December 2027
                                                                         10    ISO 14001:2015, ISO 9001: 2015; ISO 45001:2018
                                                                               PT Jakarta Tank Terminal (JTT) - Provision of oil
               SGS                                                             storage terminal

                                                                               19 March 2024 - 18 March 2027
                                                                               LRQA

      01                           02                                                                                              05
                                                            03                                         04




     06                             07                      08
                                                                                    09                      10




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11        Occupational Health and Safety Management
          System Certification Award - PT Jakarta Tank
          Terminal




                                                                                                                          Company Profile
          6 August 2024 - 6 August 2027
          Minister of Manpower


12        International Sustainability and Carbon (ISCC) Plus
          Certification for Jakarta Tank Terminal - Vopak

          20 September 2024 - 19 September 2025
          Control Union


13        Organization's Quality Management System -
          PT Anugerah Lubrindo Raya
          •   ISO 45001:2018 Distribution of Castrol
              Lubricants (including Warehouse)
              22 January 2026 - 21 January 2029


                                                                 ESG Rating by International
          •   ISO 14001:2015 for scope Distribution of Castrol
              Lubricants (including Warehouse)
              23 January 2026 - 22 January 2029                         Institutions
          •   ISO 9001:2015 for scope Distribution of Castrol
              Lubricants (including Warehouse)
              23 January 2026 - 22 January 2029

          United Registrar of Systems




     11
                                  12




                                                                      Increased to 38, maintained
                                                                       above the industry average




                             13




                                                                                             Sustainability Report 2025
Page 38
36



        Key Events
        of 2025

                                     17 March 2025
                                  Inauguration of Precious Metal Refinery by President of the Republic of
                                  Indonesia, Prabowo Subianto

                                  Through JIIPE, AKR marked a strategic milestone with the inauguration
                                  of a Precious Metal Refinery facility in Gresik. This high-technology
                                  refining facility strengthens the implementation of Indonesia’s mineral
                                  downstreaming strategy by increasing the value-added of domestic
                                  resources. It also reinforces JIIPE’s position as an integrated precious
                                  metals industrial hub with global competitiveness.




                                     23 April 2025
                                  JIIPE SEZ Receives Industrial Investment Enabler Award

                                  JIIPE SEZ Gresik was awarded the Beritajatim.com Award in the
                                  industrial investment enabler category, recognizing its contribution
                                  to riving investment growth in East Java. Since its designation as a
                                  Special Economic Zone (SEZ) in 2021, JIIPE has attracted Rp52 trillion
                                  in investment, including strategic anchor tenants such as PT Freeport
                                  Indonesia’s smelter. Supported by integrated infrastructure and access
                                  to an international-standard deep-sea port, JIIPE is strengthening its role
                                  as a strategic industrial estate supporting sustainable national economic
                                  growth.




                                     25 April 2025
                                  JIIPE’s Global Expansion with GESC

                                  JIIPE reached a key milestone with the start of Golden Elephant Sincerity
                                  (GESC)’s investment, marked by the handover of over 20 hectares of
                                  land in Gresik, East Java. Valued at approximately USD 600 million, the
                                  project marks GESC’s first global expansion and establishes Indonesia
                                  as its regional development hub.




                                     28 April 2025
                                  Approval of the Dividend Distribution for the 2024 Fiscal Year

                                  The 2025 GMS approved the distribution of AKR’s dividends for the
                                  2024 fiscal year in amounts of Rp1.975 billion, or Rp100 per share, with
                                  a payout ratio of 88.77% of net income. This reflects the Company’s
                                  commitment to provide sustainable value to shareholders, in line with its
                                  solid financial performance.




     Sustainability Report 2025
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                                                                                       37




                                                                                       Company Profile
   19 May 2025
JIIPE Receives Award from the Regent of Gresik for Supporting
Literacy Development

AKR, through JIIPE–BKMS, received an award from the Gresik Regency
Government for its contribution to strengthening community literacy.
The award was presented by the Acting Regent of Gresik during the
inauguration of the Child-Friendly Digital Reading Room (RUBADIRA),
as part of efforts to enhance reading interest and improve human
capital development. This initiative demonstrates AKR’s commitment
to promoting inclusive social development and advancing sustainable
education in its operational areas.




   22 July 2025
Launch of the 70th Gas Station in the BSD Region

By launching its 70th gas station in BSD, South Tangerang, bp AKR
continues to consistently expand its retail fuel network. The opening of
this gas station also strengthens the Company’s position in supporting
mobility and high-quality energy-related services in the domestic
market.




   25 July 2025
AKR’s Milestones in ASEAN

The Company was recognized as an ASEAN Asset Class Public Listed
Company in the results of the 2024 ASEAN Corporate Governance
Scorecard (ACGS). This award was announced at the 2025 ASEAN
Corporate Governance Awards in Malaysia, placing the Company among
the top public companies in Southeast Asia in corporate governance
assessments. This recognition reflects consistency in transparency
practices, management effectiveness, and long-term stakeholder trust.




   20 September 2025
Strengthening Energy Infrastructure in the JIIPE Gresik Area

PLN officially launched a 40 MVA high-voltage power supply for BKMS
in the JIIPE Gresik area, strengthening the reliability of the area’s energy
supply.




                                                          Sustainability Report 2025
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38




                                     15 October 2025
                                  Gresik SEZ Pilots Customs Auto Gate System to Accelerate
                                  Logistics Flow

                                  Gresik Special Economic Zone (SEZ) has begun piloting a digital-based
                                  logistics system through the implementation of the Customs Auto Gate
                                  System within the customs area.




                                     11 November 2025
                                  Strategic Partnership with Metal SMEs in Sidoarjo

                                  AKR through PT AGA entered into a strategic partnership with metal
                                  SMEs from the Sidoarjo Metal SME Center through the signing of a
                                  Memorandum of Understanding (MoU) at the East Java Partnership
                                  Business Forum. This initiative is part of the Company’s commitment to
                                  strengthening the local supply chain and empowering SMEs to integrate
                                  into the industrial ecosystem, while enhancing their capacity, quality,
                                  and competitiveness, thereby contributing to inclusive and sustainable
                                  regional economic growth.




                                     12 November 2025
                                  Launch of ULITIK Immigration Services in the JIIPE Industrial Estate

                                  JIIPE SEZ launched ULITIK (immigration services) within the industrial
                                  estate to improve service convenience for businesses.




     Sustainability Report 2025
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                                                                                       39




   14 November 2025




                                                                                       Company Profile
Oil and Gas Safety Award of AKR Group

AKR Group received the Patra Nirbhaya Karya Utama and Patra Nirbhaya
Karya Madya awards from the Ministry of Energy and Mineral Resources
at the Oil and Gas Safety Awards ceremony. These awards were
presented in recognition of the success of AKR Group’s operational
units in maintaining outstanding workplace safety performance without
any accidents resulting in lost work hours. This achievement reflects the
disciplined and consistent implementation of occupational safety and
health systems across all operational activities.




   11 December 2025
National Recognition for the JIIPE Gresik SEZ

The JIIPE Gresik SEZ received an award at the BIG 40 Awards 2025 in
the category of Excellence in Investment Dominance and Strategic
Downstreaming, for its contribution to promoting investment and the
development of an integrated downstream industry. As an integrated
industrial and port zone, JIIPE plays a role in strengthening the industrial
value chain and enhancing the competitiveness of the national
manufacturing sector. This recognition aligns with the zone’s development
strategy, which focuses on creating added value, improving logistics
efficiency, and ensuring sustainable economic growth.




   30 December 2025
BPH Migas Appreciation 2025 for AKR Corporindo

PT AKR Corporindo Tbk received an award from BPH Migas at the
BPH Migas Appreciation 2025 in the category of “Synergy between
Downstream Oil and Gas Business Entities and BPH Migas in Disaster
Response in Sumatra.” This award reflects the Company’s active
contribution to disaster response through strong collaboration with BPH
Migas and This recognition underscores AKR’s commitment to ensuring
operational resilience and upholding social responsibility in emergency
situations.




                                                          Sustainability Report 2025
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40




        Board of Directors’
        Report
        [SEOJK D.1]




                             Over six decades, AKR has built energy
                             logistics infrastructure and integrated
                             industrial estates that form the backbone
                             of Indonesia’s distribution resilience and
                             industrial competitiveness. With strong
                             governance and long-term partnerships,
                             AKR remains committed to contributing
                             to Indonesia’s sustainable development.


     To Our Valued Shareholders and Stakeholders,                      Throughout the year, this network supported the
                                                                       implementation of the Government’s mandatory biodiesel
     AKR has been operating for more than six decades, and             program. The Board views the Company’s active participation
     one thing has not changed: this country needs energy that         in this program as a tangible contribution to reducing reliance
     reaches its destination on time, intact, to every corner of the   on energy imports and optimizing domestic resources, while
     archipelago. That is our purpose. And we take it seriously.       supporting long-term business sustainability.

     In 2025, under a new national leadership committed to             JIIPE: A Pillar of Industrial Growth
     accelerating economic growth, AKR reinforced our position
     as one of the key players that support national infrastructure.   Java Integrated Industrial and Port Estate (JIIPE) represents
     We are not merely an energy distribution business, but            AKR’s long-term Investment in industrial infrastructure
     a development partner whose assets, networks, and                 development. Spanning approximately 3,000 hectares and
     infrastructure can support Indonesia’s energy security and        holding Special Economic Zone status since 2021, JIIPE is
     industrial growth agenda.                                         designed to provide infrastructure and utility certainty for
                                                                       tenants from the early stages of operations.
     Infrastructure for National Energy Security
                                                                       In 2025, the Company recorded industrial land sales of
     In the context of Indonesia as an archipelagic nation, the        approximately 84 hectares. Several key tenants have
     Board of Directors views a reliable energy distribution network   commenced operations or entered the commissioning
     as a key prerequisite for equitable economic development.         phase, contributing to increased industrial activity within the
     Accordingly, AKR continues to manage and develop its              estate. The Board evaluates JIIPE’s performance not only
     logistics infrastructure in a disciplined and prudent manner.     in terms of land sales, but also through the development of
                                                                       an industrial ecosystem that generates recurring income,
     As of the end of 2025, the Company operated fuel and              creates employment, and strengthens national manufacturing
     chemical receiving terminals across 19 ports, integrated with     competitiveness.
     a national network of tanker vessels and tank trucks. The
     network is supported by an integrated digital system that
     enables real-time monitoring of inventory and distribution.
     This approach not only enhances operational efficiency, but
     also strengthens supply reliability for industrial customers
     nationwide.




     Sustainability Report 2025
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                                                  41




                                                  Company Profile
Haryanto
Adikoesoemo
President Director




                     Sustainability Report 2025
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42




     A Measured Approach to Energy Transition                            2025 Key Highlights

     The Board of Directors views the energy transition as a             The year 2025 reflects AKR’s continued ability to sustain
     long-term process that requires infrastructure readiness,           performance while strengthening the foundation for long-
     disciplined investment, and prudent operations. Solar power         term growth through disciplined operations, portfolio
     development at JIIPE commenced with an initial capacity             enhancement, and strategic investments.
     of 0.4 MWp in 2022. The Company is currently planning the
     first phase of development at 56 MWp, which remains under           From a financial perspective, the Company delivered
     feasibility study, with phased expansion targeted to reach          solid performance with net profit reaching Rp2,473 billion,
     approximately 148 MWp by 2032.                                      supported by revenue growth of 19% and a twenty year CAGR
                                                                         of 16.4%. This performance reflects the Company’s ability to
     In addition, the planned LNG terminal, targeted for operation       maintain earnings quality, optimise its distribution network,
     by 2029, is intended to provide a cleaner energy alternative        and sustain operational efficiency amid evolving market
     for the industrial sector. The Board emphasizes that each           conditions.
     energy transition initiative is evaluated based on business
     feasibility, market readiness, and its contribution to national     In safety and operations, AKR maintained a strong safety
     energy resilience, while remaining aligned with the Company’s       record with zero fatalities and zero major safety incidents
     financial sustainability principles.                                throughout 2025. Operational reliability was further
                                                                         demonstrated by cumulative safe driving distance of 13.5
     Technology and Disciplined Operational                              million km, underscoring the Company’s capability to ensure
                                                                         uninterrupted energy distribution across its operational
     Since 2010, AKR has been building an IT-based distribution          footprint.
     management system as the backbone of its logistics network.
     In 2025, the Company began deploying artificial intelligence        From a people perspective, the Company invested Rp 2.39
     in distribution planning, fleet management, and operational         billion in training to strengthen workforce capabilities, while
     scheduling.                                                         maintaining a local workforce composition of 62% at the
                                                                         parent company level. This approach supports organisational
     This has improved operational efficiency compared to the            readiness while contributing to local economic development.
     previous year. The Board views technology adoption not only         The Company’s participation in the national biodiesel
     as a driver of cost efficiency, but also as a means to strengthen   programme is reflected in a domestic content level of 60.81%.
     operational resilience, reduce disruption risks, and support
     cash flow sustainability amid external volatility. Going forward,   On the environmental front, AKR continued to manage our
     the Company will continue to enhance operational efficiency         operational impact through monitoring of greenhouse gas
     progressively through deeper system integration, including          emissions (Scope 1 and 2) at 50,123 tCO₂e, alongside the
     the use of weather forecast data to optimize distribution           development of renewable energy capacity at JIIPE, reaching
     planning and mitigate risks from extreme conditions.                0.4 MW. Active participation in the B40 biodiesel programme
                                                                         further demonstrates the Company’s role in supporting
     Governance As a Foundation for Long-Term Growth                     Indonesia’s energy transition.

     The Board recognizes that long-term growth must be                  Meanwhile, JIIPE continued to strengthen its position as a
     supported by strong corporate governance. AKR upholds               key. driver of industrial growth and the regional economy. As
     robust governance standards to protect shareholder trust and        of the end of 2025, total realized investment in JIIPE reached
     ensure the Company remains well positioned for sustainable          Rp111.5 trillion, with 33 industrial tenants either in operation or
     growth.                                                             under development across metals, chemicals, logistics, and
                                                                         other strategic downstream sectors. The development of the
     The Company’s governance practices are guided by                    estate has created more than 43,257 jobs and contributed
     principles of transparency, accountability, and prudent             significantly to the regional economy. During 2024–2025,
     risk management, with the Asian Corporate Governance                Gresik Regency recorded Gross Regional Domestic Product
     Scorecard serving as one of the reference frameworks.               (GRDP) of Rp202 trillion, with the industrial sector contributing
     Each strategic decision is evaluated with consideration of          approximately 52.58%. This impact is also reflected in
     business risks, regulatory compliance, and the protection of        improvements in the Human Development Index (HDI) to 79.69
     shareholder and stakeholder interests.                              and a decline in the unemployment rate to 5.47%.

     The Company’s commitment to social responsibility is                In line with increasing industrial activity and tenant operations,
     implemented in a structured and integrated manner alongside         the Company continues to advance strategic projects at JIIPE,
     its operations, through programs focused on improving               including the development of a 55 MW floating solar power
     education and healthcare in communities surrounding its             plant (Phase 1) and the planned operation of an LNG terminal
     operational areas. This approach supports the development of        by 2029, further strengthening the estate’s energy and utility
     sustainable, long-term relationships with local communities.        ecosystem.

                                                                         These achievements also reflect AKR’s ability to maintain
                                                                         sustainable performance, strengthen operational resilience,
                                                                         and capture growth opportunities in a disciplined manner
                                                                         amid an evolving energy and industrial landscape. The
                                                                         Company’s strategy is not only directed at ensuring sound
                                                                         financial and operational performance, but also at generating
                                                                         measurable economic and social impact, as part of its role in
                                                                         supporting inclusive and sustainable industrial development.




     Sustainability Report 2025
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                             43




                             Company Profile




Sustainability Report 2025
Page 46
44




     Looking Ahead                                                        Closing

     The Board of Directors views Indonesia as entering an                On behalf of the Board of Directors, we extend our
     accelerated development phase, marked by rising energy               appreciation to all AKR employees, customers, bankers
     demand, continued industrialization, and increasing demand           business partners, and shareholders for their continued
     for infrastructure reliability. In this context, AKR’s role as a     trust and support throughout 2025. The commitment and
     provider of energy distribution and industrial infrastructure is     collaboration of all stakeholders remain the foundation of the
     becoming increasingly relevant.                                      Company’s continued growth and resilience.

     Economic growth is expected to drive sustained demand                Supported by strong infrastructure, disciplined governance,
     for energy distribution. At the same time, the JIIPE industrial      and a focus on sustainability, AKR will continue to create
     estate is expected to continue attracting manufacturing              sustainable value, strengthen its contribution to the national
     investment and strengthening its contribution as a driver of         economy, and fulfill its role responsibly in supporting
     national industrial competitiveness. The development of              Indonesia’s future development.
     energy infrastructure, including LNG and solar power, is aimed
     at expanding the Company’s role in supporting the national
     energy transition in a gradual and measured manner.

     The Board recognizes that the business environment will
     continue to be shaped by global dynamics, energy price
     volatility, and policy changes. Accordingly, the Company’s
     growth strategy will be guided by a prudent approach,
     financial discipline, and strengthened operational reliability, to
     ensure sustainable performance and long-term value creation
     for shareholders.




                                                            Jakarta, 2 April 2026
                                                      On Behalf of the Board of Directors




                                                         Haryanto Adikoesoemo
                                                               President Director




     Sustainability Report 2025
Page 47
                                                        45




   Board of




                                                        Company Profile
   Commissioners




From left to right:

Fauzi Ichsan
Independent Commissioner

Soegiarto Adikoesomo
President Commissioner

Sofyan A. Djalil
Commissioner


                           Sustainability Report 2025
Page 48
46




        Board of
        Directors




     From left to right:

     Suresh Vembu
     Director

     Termurti Tiban
     Director

     Nery Polim
     Director

     Mery Sofi
     Director


     Sustainability Report 2025
Page 49
                                                           47




                                                           Company Profile




From left to right:

Bambang Soetiono Soedijanto
Director

Haryanto Adikoesoemo
President Director

Jimmy Tandyo
Director


                              Sustainability Report 2025
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48




     Responsibility Statement
     of the Board of Commissioners
     for the Sustainability Report 2025
     of PT AKR Corporindo Tbk
     [SEOJK E.1] [GRI 2-14]


     We, the undersigned, certify that the Sustainability Report of PT AKR Corporindo Tbk for the 2025 financial year has been prepared
     with reference to the Indonesia Financial Services Authority Regulation number 51/POJK.03/2017 regarding the Implementation
     of Sustainable Finance for Financial Services Institutions, Issuers and Public Companies, and Circular Letter of the Indonesia
     Financial Services Authority number 16/SEOJK.04/2021 concerning the Form and contents of Annual Reports of Issuers or Public
     Companies.

     All information in this Report has been prepared and presented in accordance to these regulations and we are fully responsible for
     the accuracy of the contents of the Company’s Sustainability Report.




                                                           Jakarta, April 2, 2026
                                                         Board of Commissioners




                                                       Soegiarto Adikoesomo
                                                         President Commissioner




                                  Sofyan A. Djalil                                             Fauzi Ichsan
                                   Commissioner                                          Independent Commissioner




     Sustainability Report 2025
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                                                                                                                                          49




Responsibility Statement




                                                                                                                                          Company Profile
of the Board of Directors
for the Sustainability Report 2025
of PT AKR Corporindo Tbk
[SEOJK E.1] [GRI 2-14]


We, the undersigned, certify that the Sustainability Report of PT AKR Corporindo Tbk for the 2025 financial year has been prepared
with reference to the Indonesia Financial Services Authority Regulation number 51/POJK.03/2017 regarding the Implementation
of Sustainable Finance for Financial Services Institutions, Issuers and Public Companies, and Circular Letter of the Indonesia
Financial Services Authority number 16/SEOJK.04/2021 concerning the Form and contents of Annual Reports of Issuers or Public
Companies.

All information in this Report has been prepared and presented in accordance to these regulations and we are fully responsible for
the accuracy of the contents of the Company’s Sustainability Report.




                                                      Jakarta, April 2, 2026
                                                       Board of Directors




                                                 Haryanto Adikoesoemo
                                                       President Director




            Jimmy Tandyo                     Bambang Soetiono Soedijanto                               Mery Sofi
                Director                                    Director                                     Director




           Suresh Vembu                                   Nery Polim                                Termurti Tiban
                Director                                    Director                                     Director




                                                                                                             Sustainability Report 2025
Page 52
50




                                                     AKR considers sustainability a strategy to safeguard
                                                     business continuity, focusing on creating long-term value
                                                     through the integrated management of Environmental,
                                                     Social, and Governance (ESG). This approach is intended to
                                                     ensure healthy and inclusive growth while delivering tangible
                                                     benefits to all stakeholders.




        Sustainability
        Commitment
        [SEOJK A.1][SEOJK E.5][GRI 2-22]



     For AKR, ethical responsibility and compliance with applicable   This commitment is implemented across all business
     laws and regulations are the primary foundation for every        lines, including logistics and distribution, industrial estate
     business decision, with sustainability a strategic priority      management, and the development of Special Economic
     aimed at maintaining a balance between the interests of          Zones (SEZs), each of which requires clearly defined goals,
     shareholders, the needs of society, and the preservation of      plans, and targets within its respective business segment.
     the environment in operational areas.
                                                                      AKR’s sustainability approach goes beyond business as
     Sustainability is built by strengthening a reliable and high-    usual. As a global corporate citizen, the Company strives to
     integrity business foundation, where the application of the      maintain a balance between business growth, environmental
     highest ethical standards forms part of daily practices, both    stewardship, and community empowerment. This direction is
     in production processes and in operations. Sustainability        aligned with global Sustainable Development Goals (SDGs)
     is an opportunity to deliver broader positive impacts for        and supports the Indonesian government’s sustainable
     stakeholders while supporting national economic growth.          development vision. In its implementation, AKR has identified
                                                                      SDG targets that are relevant to the nature and activities of the
     This is aligned with AKR’s mission to create sustainable added   Company’s business.
     value for stakeholders, reflecting the Company’s identity
     in driving positive economic, social, and environmental          Participating in the energy supply chain sector, AKR translates
     contributions, while reinforcing sustainability as an integral   its sustainability commitment into concrete and consistent
     part of its business strategy.                                   actions, pursued with optimism and a strong sense of
                                                                      responsibility believing that the decisions and strategies taken
     Sustainability represents a long-term ambition that is           today will generate long-term benefits for future generations.
     realised through measurable and well-directed strategies.
     Every AKR business activity is designed to deliver tangible
     benefits for both current stakeholders and future generations.




         Embedding Sustainability Across AKR’s Business Lines [GRI 2-23][GRI 2-24]

     At AKR, sustainability is implemented through governance that    ensures that these strategies are translated into concrete
     is structured and accountable. To ensure that the formulation    actions through the management and implementation of
     and execution of economic, environmental, and social             sustainability initiatives at the operational level, in line with
     aspects are aligned, the Company has established two key         industry standards and applicable regulations.
     bodies, the AKR ESG Committee and the AKR ESG Task Force,
     which act as the drivers and overseers of the sustainability     As a common foundation, AKR has developed the AKR
     agenda across all business lines.                                Sustainability House: PROGRESSING WITH PURPOSE, serving
                                                                      as a guide to the integration of the Company’s sustainability
     At a strategic level, the ESG Committee is responsible for       commitments, policies, and initiatives into four main pillars.
     overseeing the direction of the Company’s sustainability
     policies and strategies. Meanwhile, the AKR ESG Task Force




     Sustainability Report 2025
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                                                                                                                                                                             51




                                                                                                           SUSTAINABILITY HOUSE




                                                                                                                                                                             Company Profile
Commitment Statement




                                                  PROGRESSING WITH PURPOSE
Umbrella Sustainability

  and Elevator Pitch




                                                  As a strategic holding company, AKR Corporindo aims to growing and progressing sustainably, our business portfolio
                                                  spans from logistics and distribution, industrial estate, to the development and management of special economic
                                                  zone. Through our business we touch millions of people and stakeholders. Therefore, we must do what we do in a
                                                  sense that can benefit the economy, environment, people and society. This means we go beyond business-as-usual to
                                                  balancing ambition with wisdom, and business success with environment consciousness, and social progress. For us,
                                                  this is the meaning of sustainability – Progressing with Purpose.
              Pillars




                                                      OUR BUSINESS                                                OUR
                                                                                    OUR PEOPLE                                              OUR CONDUCT
                                                       PORTFOLIO                                               COMMUNITIES
              SDGs




                                                   Building strong, robust      Nurturing, developing,       Giving back to the          Operating responsibly
                                                   and resilient business       and safeguarding our         communities wherever        and upholding ethical
       Rationale of
        the Pillars




                                                   portfolio to support         people as our most           we operates.                behaviour and legal
                                                   the evolving need of         valuable assets.                                         compliance in everything
                                                   our customers and                                                                     that we do.
                                                   stakeholders.

                                                   1. Robust & Resilient        1. Labor & Employment        1. Community Relations      1. Good Corporate
              Action Areas/Strategic Priorities




                                                      Business Model               Practice                     & Development               Governance
                                                   2. Strong Financial          2. Health & Safety              Programs                 2. Business Ethics
                                                      Fundamentals              3. Employee                  2. Involving Local          3. Compliance to Law
                                                   3. Operational                  Engagement,                  Suppliers                   and Regulations
                                                      Excellence &                 Diversity & Inclusion     3. Providing
                                                      Utilization of            4. Learning &                   Opportunities for the
                                                      Technology                   Development                  Local Communities
                                                   4. Customer
                                                      Engagement &
                                                      Satisfaction
                                                   5. Management of
                                                      Environmental
                                                      Footprints




                                                                                                                                                Sustainability Report 2025
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52




            Pilar                            AKR Horizon 2030                                       Pencapaian 2025                          Status


                               Focused on investments and portfolios that       AKR directed its investments toward initiatives that
                               support sustainability and the transition to a   support the sustainability agenda, including the
                               low-carbon economy.                              development of LNG, biofuels, rooftop solar panels,
      OUR BUSINESS PORTFOLIO




                                                                                floating solar installations, and green industrial estates
                                                                                as part of the Company’s long-term strategy.
                               Adopting digital technologies to support         AKR adopted a real-time digital control tower and
                               operational effectiveness, efficiency, and       Artificial Intelligence (AI) to improve the quality of
                               the reduction of carbon emissions.               operational planning while reducing carbon emissions
                                                                                generated by the Company’s logistics activities.
                               Increasing the share of renewable energy         The use of renewable energy reached 26% of the
                               used in AKR’s operations to 30% by 2030.         Company’s total energy consumption.
                               No significant spills across all operations.     There were no significant spills across all Company
                                                                                operations.
                               Maintaining emission intensity at 0.02 tonnes    Emission intensity amounted to 0.012 tonnes of CO₂e
                               of CO₂e per Rp1 million of gross profit.         per Rp1 million of gross profit.

                               Zero fatalities across all AKR operations.       Zero fatalities across all AKR operations.
                               Zero major safety incidents across all AKR       Zero major safety incidents across all AKR operations.
      OUR PEOPLE




                               operations.
                               Zero human rights incidents across all AKR       • Developed, issued, and socialized the Human Rights
                               operations.                                        (HR) Policy.
                                                                                • No human rights violations were recorded throughout
                                                                                  2025.
                               Creating an inclusive workplace, with a target   Women held 23% of total middle to senior management
                               of 30% of middle and senior management           positions at AKR.
                               positions held by women.

                               Providing employment opportunities for           Local workforce recruitment at the AKR parent Company
                               local communities.                               reached 62%.
      OUR COMMUNITIES




                               Delivering positive impacts on the local         The Domestic Component Level (TKDN) for B40
                               economy through procurement practices.           products was recorded at 60,81% in 2025.
                               Contributing to local socio-economic             All (100%) AKR subsidiaries implemented community
                               development through social and community         development programmes, with total funds of Rp3.2
                               outreach programmes across all AKR               billion disbursed during 2025.
                               operations.

                               Maintaining zero corruption incidents.           There were no corruption incidents within AKR.
                               Communicating ESG progress transparently         The annual Sustainability Report is prepared in
      OUR CONDUCT




                               through the Sustainability Report and            accordance with POJK 51/2017, GRI Standards 2021, and
                               ensuring reporting practices are aligned with    SASB.
                               national and international standards.
                               Ensuring compliance with laws and                No violations of laws and regulations were recorded.
                               regulations.


     Business growth necessitates the continuous evaluation of environmental performance targets, ensuring that each remains
     relevant, realistic, and aligned with operational developments, while maintaining the commitment to sustainable environmental
     management.




     Sustainability Report 2025
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                                                                                                                                           53




   Our Business Portfolio [GRI 3-2][GRI 3-3][GRI 2-25]




                                                                                                                                           Company Profile
Operating in the logistics and supply chain industry, AKR          This approach focuses on supplying industrial products
places trust and stakeholder satisfaction, including customer      through an integrated logistics supply chain network, while
satisfaction, as a foundation of business sustainability.          also supporting the growth of the manufacturing sector
Beyond the role of distributing essential products for industry,   through the development of the JIIPE Special Economic Zone.
the Company consistently strengthens service quality, fosters
two-way communication, and builds mutually reinforcing             Creating sustainable value for stakeholders is a reference
relationships with stakeholders. This commitment underpins         point for AKR’s strategy. The Company seeks to fulfil this role
AKR’s efforts to build a resilient and sustainable business        by meeting industry needs, supporting suppliers, complying
portfolio.                                                         with regulations, and delivering balanced benefits to
                                                                   shareholders and employees. Environmental considerations
Amid increasingly dynamic and complex business                     are also a key element in managing the business portfolio
challenges, AKR recognises the importance of adaptability          where, through concrete measures, AKR ensures that its
in strengthening its financial footing while developing a          operations do not create adverse impacts on surrounding
resilient business model, realised through the enhancement         communities and the environment. This includes initiating
of operational excellence supported by technology, as well as      a transition toward cleaner energy, creating workplaces
the continuous adjustment of services to remain aligned with       free from air and noise pollution, minimising fire risks, and
the evolving needs of customers and stakeholders.                  contributing to climate change mitigation.




   Our People [GRI 3-2][GRI 3-3][GRI 2-25]

In AKR’s sustainability journey, employees are essential           strong focus on a zero-accident culture. This is implemented
in achieving corporate strategies and targets. Business            through a structured OHS management system, the provision
objectives can only be realised with the support of competent,     of health facilities, regular training, and the achievement of
high-integrity, and competitive human resources. On this           zero fatalities across all subsidiaries, strengthening workplace
basis, the Company prioritises the protection of labour rights,    safety while directly supporting productivity and operational
including the implementation of anti-forced labour policies,       sustainability.
respect for freedom of association, and the strengthening of
diversity, gender equality, and respect for human rights.          AKR regularly conducts training and development
                                                                   programmes to ensure that employee competencies remain
A safe and healthy working environment is a prerequisite           relevant to business needs, with all employees given equal
for sustained performance, and the Company applies                 opportunities to participate, fostering an inclusive workplace
Occupational Health and Safety (OHS) standards with a              that encourages each individual to realise their full potential.




   Our Communities [GRI 3-2][GRI 3-3][GRI 2-25]

AKR regards surrounding communities as strategic partners          The implementation of Corporate Social Responsibility (CSR)
in driving inclusive and sustainable growth, where the             is guided by relevance and community needs, and AKR actively
Company’s presence is expected to deliver tangible benefits        promotes open dialogue and two-way communication
for local communities, particularly in improving welfare. This     to identify priority issues that require attention. Based on
commitment is realised through the provision of employment         this process, the Company designs and develops CSR
opportunities for local residents, including opportunities         programmes that are adaptive, sustainable, and impactful,
to occupy managerial positions, as well as prioritising            and through continuous innovation, AKR seeks to ensure
local suppliers in the procurement of goods and services.          that each initiative delivers solutions that support long-term
This also supports the increase of Domestic Component              community welfare.
Levels (TKDN) and strengthens the economic foundation of
operational areas.




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         Our Conduct [GRI 3-2][GRI 3-3][GRI 2-25]

     AKR places Good Corporate Governance (GCG) at the core               Operationally, ethical conduct and compliance with laws
     of its sustainable business operations, with the principles of       and regulations are embedded as part of the corporate
     transparency, accountability, responsibility, independence,          culture. Each organisational function operates with clear
     and fairness applied consistently across all business units to       roles and responsibilities, supported by the ESG Committee,
     ensure professional and trustworthy corporate management.            which is responsible for formulating strategy, providing
     Openness in decision-making processes and the disclosure             recommendations, monitoring implementation, and reporting
     of relevant information to stakeholders are essential to             on the progress of ESG initiatives. Through this approach, AKR
     maintaining trust and integrity.                                     ensures that business ethics and regulatory compliance are
                                                                          embedded in daily activities across the Company.




         Stakeholder Voices [SEOJK E.4][GRI 2-29]

     With stakeholders at the heart of AKR’s decision-making              Through open and continuous two-way communication, AKR
     processes, the Company has identified stakeholder                    builds mutually supportive relationships with its stakeholders,
     groups and designed engagement methods tailored to                   actively listening to aspirations, needs, feedback, and
     the characteristics of each, considering local wisdom in             criticism as the basis for improving performance and
     every operational area. This enables all parties to contribute       strengthening its sustainability practices. This engagement
     constructively to the achievement of shared goals.                   process forms the foundation for identifying AKR’s key
                                                                          stakeholders, as presented in the following section.


                    Principle of Inclusiveness       Principle of Materiality                Principle of Responsiveness
        No       Stakeholder         Basis for      Topics from Engagement
                                                                                   Level, Methods, and Frequency of Engagement
                    Group          Identification     and Communication

         1      Shareholders      D, R, I, P        Accountability for the      Information Disclosure and Engagement
                                                    Company’s economic,         • Regular disclosure of information through official
                                                    environmental, and social      publications, including the annual report, quarterly
                                                    performance                    financial statements, quarterly exploration reports,
                                                                                   and the Company’s website.
                                                                                • Organization of multi-stakeholder forums,
                                                                                   including the Annual General Meeting of
                                                                                   Shareholders (AGMS), held at least once a year.
         2      Employees         D, R, T, I, P     1. Occupational Health      Information Disclosure, Consultation, Negotiation,
                                                       and Safety (OHS)         and Engagement
                                                       performance              • Provision of information through various channels,
                                                    2. Employee welfare            including corporate newsletters, business unit
                                                                                   bulletins, e-mail, intranet, website, social media,
                                                                                   and instant messaging.
                                                                                • Conduct of employee engagement surveys
                                                                                   covering workplace culture, satisfaction levels,
                                                                                   perceptions, and understanding of the Collective
                                                                                   Labor Agreement (CLA) and other labor-
                                                                                   related issues.
                                                                                • Preparation and establishment of the CLA for a
                                                                                   two-year period, together with implementing
                                                                                   regulations governing the rights and obligations
                                                                                   of the Company and all employees in accordance
                                                                                   with their respective employment relationships.
                                                                                • Organization of Bipartite Cooperation Institution
                                                                                   (LKS Bipartit) meetings and quarterly meetings
                                                                                   between AKR and labour unions as a platform for
                                                                                   dialogue and communication.




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                Principle of Inclusiveness                   Principle of Materiality                              Principle of Responsiveness
   No




                                                                                                                                                                              Company Profile
            Stakeholder               Basis for             Topics from Engagement
                                                                                                      Level, Methods, and Frequency of Engagement
               Group                Identification            and Communication

    3      Government             D, R, T, I, DP, P        • Community                            Stakeholder Relationship Management
                                                             empowerment through                  • Provision of input to the Government on various
                                                             CSR programmes                          policies and regulations.
                                                           • Payment of taxes and                 • Regular reporting (including AMDAL, RKTTL, post-
                                                             statutory obligations to                mining plans, quarterly reports to the Financial
                                                             the State                               Services Authority (OJK), and others) and website
                                                                                                     disclosures.
                                                                                                  • Consultations with ministries/agencies and
                                                                                                     local government offices, as well as public
                                                                                                     consultations.
                                                                                                  • Participation     in     Development      Planning
                                                                                                     Consultations    (Musrenbang)     with    regional
                                                                                                     governments, and payment of taxes, non-tax state
                                                                                                     revenues (PNBP), and other statutory obligations
                                                                                                     to the State.
    4      Suppliers              D, R, T, P               • Transparency in the                  Information Disclosure and Collaboration
                                                             procurement of goods                 • Implementation of regular, open, and transparent
                                                             and services                            tender processes for contracts, with contractual
                                                           • Economic, social,                       documents requiring compliance with applicable
                                                             and environmental                       laws and regulations, including provisions related
                                                             performance                             to human rights, occupational health and safety,
                                                                                                     and environmental protection.
    5      Customers              D, R, I, P               Product and service                    Information Disclosure and Consultation
                                                           quality                                • Preparation of commercial sales contracts with
                                                                                                     assurances on product quality, supply continuity,
                                                                                                     and delivery timeliness, as required.
                                                                                                  • Regular meetings with customers and customer
                                                                                                     satisfaction surveys conducted at least once a
                                                                                                     year.
    6      Communities            D, R, T, I, DP, P        • Communication and                    Information Disclosure, Transactions, Consultation,
                                                             disbursement of CSR/                 Negotiation, Engagement, Collaboration, and
                                                             TJSL programme funds                 Empowerment
                                                           • Community assistance                 • Socialization of AMDAL, regular meetings with
                                                             and empowerment                         local communities, reporting, website disclosures,
                                                           • Management of                           and the implementation of CSR/TJSL programs.
                                                             economic, social, and                • Receipt of community input during the AMDAL
                                                             environmental impacts                   process.
                                                                                                  • Community involvement in the planning,
                                                                                                     implementation, monitoring, and evaluation of
                                                                                                     CSR/TJSL and community development programs.
                                                                                                  • Cooperation         in   various  multi-stakeholder
                                                                                                     initiatives involving local communities, universities,
                                                                                                     regional governments, and partnerships with
                                                                                                     various institutions.

Notes: The stakeholder identification process refers to the AA1000, 2018 Stakeholder Engagement Process:
• Dependency (D): AKR has a dependency on an individual or an organization, or vice versa.
• Responsibility (R): AKR has legal, commercial, or ethical responsibilities toward an individual or an organization.
• Tension (T): An individual or organization has influence over AKR regarding specific economic, social, or environmental issues.
• Diverse Perspective (DP): An individual or an organization has influence over AKR or over the strategies and policies of other stakeholders.
• Proximity (P): An individual or organization has geographical and operational proximity to AKR.
• Influence (I): An individual or organization has influence over AKR or over the strategies and policies of other stakeholders.




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         Strategic Sustainability Priorities and SDG Target Mapping

     To strengthen its sustainability strategy, AKR has targets       AKR ensures that business growth also delivers measurable
     based on four main pillars and coordinated through the AKR       contributions to society and the environment, a foundation
     ESG Committee and ESG Task Force designed to ensure              for the Company in creating long-term, inclusive value with
     a clear linkage between the Company’s business strategy          tangible impacts for all stakeholders, from customers and
     and the 17 Sustainable Development Goals (SDGs), ensuring        business partners to local communities in its operational areas.
     operational activities remain aligned with the sustainable       The following section presents AKR’s sustainability target
     development agenda.                                              mapping, structured under four main pillars, together with their
                                                                      linkages to the achievement of the Sustainable Development
                                                                      Goals (SDGs). [GRI 2-22] [GRI 3-2][GRI 3-3]


              AKR's Sustainability Pillars                                        SDGs Goals

       Our business portfolio                • Engaging in climate change mitigation strategies through the mandatory use of
                                               biodiesel as a transition energy source, and through the reduction of industrial
                                               emissions via Special Economic Zones.
                                             • Promoting technological development to achieve operational excellence in
                                               biodiesel distribution.
                                             • Investing in infrastructure through various projects, including the Java Integrated
                                               and Industrial Port Estate (JIIPE) Special Economic Zone, to support inclusive and
                                               sustainable industrialisation, increase job creation and gross domestic product,
                                               and drive industrial growth.
                                             • Providing access to cleaner and/or renewable energy for industries through the
                                               JIIPE Special Economic Zone.
                                             • Establishing partnerships to provide access to lower-emission fuels for
                                               communities through bp AKR service stations.
       Our people                            •   Ensuring occupational health and safety and supporting employee well-being.
                                             •   Ensuring that employees receive inclusive and high-quality training and education.
                                             •   Promoting gender equality across the Company’s workplace.
                                             •   Supporting inclusive and sustainable economic growth within the workplace.




       Our communities                       • Reducing poverty through various social responsibility and community
                                               empowerment programmes in areas surrounding the Company’s operations.
                                             • Promoting healthy lives and supporting the well-being of surrounding
                                               communities.
                                             • Ensuring access to inclusive and quality education for local communities.
                                             • Promoting the principles of gender equality.
                                             • Supporting inclusive and sustainable economic growth to enhance the
                                               independence and well-being of surrounding communities.




       Our conduct                           • Supporting peaceful and inclusive societies for sustainable development.
                                             • Strengthening the means of implementation and revitalising global partnerships
                                               for sustainable development.




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                             Company Profile




Sustainability Report 2025
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            03
Our
Business
Portfolio
Page 61

          
Page 62
60




                                                      AKR’s integrated and diversified business structure supports
                                                      stable performance, disciplined business expansion, and
                                                      responsible environmental management, aligned with long-
                                                      term value creation for stakeholders.




     Operational sustainability is supported by a diversified business portfolio that remains relevant to industry dynamics and
     designed to maintain performance stability while creating long-term value for stakeholders. Through strengthening its role in the
     logistics sector and the provision of chemical and energy solutions, and by taking economic, social, and environmental aspects
     into consideration, AKR continues to develop its business in a measured manner.




        Resilient and Sustainable
        Portfolio Foundation
     The business portfolio, the primary foundation for maintaining     Supported by business diversification, supply chain resilience,
     the sustainability of AKR’s business, is disciplined yet remains   business continuity planning, and the utilisation of technology,
     adaptive to industry dynamics, with periodic adjustments           AKR’s portfolio is designed to maintain operational reliability
     strengthening operational resilience and stable long-term          while creating sustainable value for stakeholders.
     performance.




         AKR Business Transformation and Journey

     Established in the 1960s in Surabaya as a basic chemicals          Today, AKR is recognized as a leading logistics and supply
     trader, business transformation has been driven by a spirit        chain service provider for petroleum fuels and basic
     of growth and innovation, the portfolio gradually expanding        chemicals, as well as the developer and manager of the Java
     from trading and distribution activities to strengthening a        Integrated Industrial and Ports Estate (JIIPE) Special Economic
     competitive advantage in logistics and the supply chain of         Zone in Gresik, East Java. AKR also became the first national
     petroleum fuels (BBM) and basic chemicals, and continuing          private company to distribute non-subsidised petroleum fuels
     with the development of an integrated industrial estate now        in 2005 and subsidised petroleum fuels in 2010, including
     designated a Special Economic Zone (SEZ).                          permits to build and operate Motor Vehicle Fuel Filling Stations
                                                                        (SPBKB) and Fishermen Fuel Filling Stations (SPBN).




         Portfolio Strengthening and Sustainable Growth

     In 2013, AKR with PT Pelabuhan Indonesia (Pelindo) launched        Since opening its first fuel station in 2018, bp-AKR has grown
     JIIPE, the industrial estate integrated with a deep-sea port in    into a network of 72 stations across Greater Jakarta, West Java,
     Gresik. The estate was subsequently designated a National          and East Java, supporting energy access and local economic
     Strategic Project and inaugurated as a Special Economic            activity.
     Zone (SEZ) for the technology and manufacturing sectors.
                                                                        AKR continues to make adjustments across various
     Strategic partnerships have also strengthened the business         operational aspects, including work processes, human
     portfolio. In 2017, AKR partnered with British Petroleum (bp)      resource management, and the development of information
     to establish a joint venture in the fuel retail sector to meet     technology to improve efficiency. The Company has
     the demand for premium-quality fuel in Indonesia. In 2025,         also focused its growth strategy on domestic business
     through the joint venture entity PT Aneka Petroindo Raya           development by divesting several port subsidiaries in China
     (bp-AKR), the Company continued to expand its national             and reinvesting the proceeds to strengthen its businesses in
     retail energy network by inaugurating the 70th BP fuel station     Indonesia.
     located in Asterra West BSD City, South Tangerang.




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This has delivered positive results, reflected in a 16.4%            logistics infrastructure, strategic partnership with bp, and
compound annual growth rate (CAGR) in net profit since 2005,         the development of recurring revenue from the JIIPE Special
and supported by portfolio reconsolidation, expansion of             Economic Zone.




                                                                                                                                               Our Business Portfolio
   Clean Energy Initiatives and the Future of the Business

In line with its sustainability commitment, AKR has actively         AKR is strengthening transition energy infrastructure through
begun exploring opportunities in clean and renewable                 a subsidiary, PT Berkah Buana Energi (BBE). In 2024, the
energy as part of its long-term growth strategy. In 2021, AKR        Company began supplying natural gas to several key tenants
with PT Bayu Buana Gemilang established PT Berkah Buana              at Gresik, marking the opening of a new business stream that
Energi to support the distribution of natural gas to JIIPE and       supports AKR’s overall growth.
its surrounding areas, contributing to the transition toward
cleaner energy.                                                      BBE was established to ensure the reliable availability
                                                                     of natural gas for tenants investing in the Gresik Special
In 2022, the Company advanced its renewable energy                   Economic Zone. Together with PT Berlian Manyar Sejahtera
portfolio in the JIIPE Special Economic Zone through the             (BKMS), the developer and operator of the SEZ, BBE has
development of a solar power plant, with plans for phased            developed and operates an integrated natural gas distribution
capacity expansion. Subsequently, in 2023, AKR strengthened          infrastructure within SEZ JIIPE.
industrial facilities in the area, including signing a Joint
Development Agreement with BP Gas & Power Investments                The utilization of natural gas in the industrial estate is expected
Limited for an LNG project and regasification facility, also         to improve the operational energy efficiency of tenants while
at JIIPE.                                                            reducing dependence on fossil-based energy sources with
                                                                     higher emission intensity. As a transition energy solution,
Several AKR business entities support the business                   natural gas not only provides cost efficiency but also
ecosystem in Gresik, including PT Anugerah Kreasi Pratama            contributes to reducing the carbon footprint of industrial
Indonesia (AKPI), which operates in warehousing and storage          activities.
services, and PT Berkah Bunker Service (BBS), which provides
port services. In early 2024, the Company established PT             As an integrated industrial estate combining manufacturing
Berkah Renewable Energi Nusantara (BREN) to focus on                 facilities with a deep-sea port, JIIPE requires a reliable and
the operation of power plants and the provision of new and           sustainable energy system. The development of natural gas
renewable energy.                                                    distribution infrastructure by BBE further strengthens JIIPE’s
                                                                     readiness to operate as an international-standard industrial
BREN has obtained government approval to explore the                 estate that supports sustainable business practices.
development of an offshore solar farm or floating solar power
plant at Special Economic Zone (SEZ) Gresik representing             Going forward, AKR will continue to strengthen synergy across
a strategic step in responding to the increasing demand for          its business lines through the optimisation of integrated
clean energy, particularly from industrial customers operating       logistics and supply chain networks. The infrastructure and
in the area.                                                         strategic assets developed over several decades serve as an
                                                                     important foundation for maintaining energy supply resilience
Through the development of floating solar power plants,              and supporting industrial activities in a sustainable manner.
AKR optimizes the use of water surfaces without impacting            Through disciplined and long-term oriented management, the
land utilization. Beyond contributing to carbon emission             Company seeks to ensure that these assets remain relevant,
reduction, this initiative supports the national energy transition   productive, and capable of contributing to the enhancement
agenda and enhances the attractiveness of the Gresik                 of national industrial competitiveness.
Special Economic Zone for industrial investors with strong
commitments to environmental stewardship and sustainable
business practices.




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                                                          AKR’s Sustainable Transformation


               AKR’s business portfolio evolves in line with the dynamics of industrial and energy needs in order to create
                                         sustainable value for communities and stakeholders.



                                  19                        176 Fuel Stations                    820,400 KL
                       Sea and River Ports                    Operated by AKR & bp AKR          Storage Tank Terminal Capacity



                         14 Units                           50,000 Sq.M                                ±250 Unit
                          Vessels/SPOB                            Warehouse Capacity             Fuel & Chemical Tank Trucks




     Business Model

     Efficient Logistics Solutions to Support Industry in Indonesia



                                                                                                Integrated Industrial Estate and
                             Logistic and Supply Chain
                                                                                                        Deep-Sea Port

                                                                                                            Land Sales



              Basic Chemicals                       Petroleum                                            Industrial Estate


                                                                                                        Recurring Revenue



                                                                                                                               Clean &
                  Industrial                 Industrial                 Retail
                                                                                                Port         Utilities        Renewable
                                                                                                                                Energy


                                                                               Non-
                                                             Subsidized
                                                                             Subsidized




       Economic Impact Across AKR’s Supply Chain

       Contributes to Driving Various Industrial Sectors in Indonesia
                                                                                                Petroleum                Basic Chemical
                                                                                                Consumers:               Consumers
                                                                                                • Fertilizer Mining      • Textiles
                          Refineries as                                                         • Marine Bunker             & Apparel
                          suppliers of
                                                                                                • Plantations            • Smelter
                          petroleum
                          products                                                              • Manufacturers          • Chemical
                                                                                                • Retail                 • Food Industry
                                                                                                                         • Household &
                          Basic chemical          Storage Tanks              Truck and Vessel                               Personal Care
                          producers as            and Shipping                                                              Products
                          suppliers




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                             Our Business Portfolio




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        Climate Transition
        and Business Adaptation Strategy
        [SEOJK F.3][GRI 201-2]



     Climate change presents growing risks and opportunities             efficiency and environmental management across its
     for AKR. These include physical risks, such as the increasing       business lines. These efforts support national priorities while
     frequency and intensity of extreme weather events that may          maintaining competitiveness in an evolving energy and
     disrupt terminal operations, logistics, and distribution, as well   regulatory landscape.
     as transition risks related to policy changes, energy market
     dynamics, and shifting customer and market preferences              To strengthen operational resilience, AKR enhances
     toward low-carbon solutions. If not effectively managed,            preparedness for physical climate risks through improved
     these risks may impact operational performance, cost                infrastructure reliability, robust risk management, and
     structure, supply chain reliability, and long-term value.           practices that ensure service continuity. This approach
                                                                         minimizes potential disruptions and supports business
     In response, AKR integrates climate considerations into             continuity across various risk scenarios, including extreme
     its business and sustainability strategies through the “Our         weather events.
     Business Portfolio” strategy pillar. This approach ensures that
     climate-related risks and opportunities are embedded in             AKR’s climate resilience strategy is anchored in three core
     strategic decision-making, including portfolio development,         principles: business sustainability, responsible operations,
     asset management, and operational planning.                         and environmental stewardship, supporting resilience and
                                                                         long-term value creation for stakeholders.
     Amid the transition toward a low-carbon economy, AKR
     actively explores and develops opportunities aligned                AKR’s climate resilience approach encompasses the following
     with decarbonization trends, while improving operational            key strategies and performance indicators:




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                                                                                                                                    Our Business Portfolio
         Climate-Related
                                               AKR Strategic Actions                       Business Implications
 Risk and Opportunity Categories
Transition Risk & Opportunity      Portfolio          Expanding the business        Revenue diversification and stronger
                                   Strengthening &    portfolio to support the      competitiveness amid the global
                                   Diversification    low-carbon transition,        energy transition.
                                                      including LNG, biofuel,
                                                      and green industrial estate
                                                      (JIIPE).


Capital Allocation                 Investment in      Capital directed toward       Supports long-term growth.
                                   Low-Carbon         alternative energy            Mitigates both transition and
                                   Initiatives        infrastructure, operational   operational risk.
                                                      efficiency, and climate-
                                                      resilient assets.


Operational Efficiency             Technology         Deploying technology          Lower operating costs. Higher
                                   Deployment         including AI and digital      service reliability.
                                   & Operational      monitoring for energy
                                   Optimization       efficiency, logistics
                                                      performance, and
                                                      emissions control.
Physical Risk Management           Climate-           Logistics and industrial      Reduces operational disruption and
                                   Resilient          infrastructure including      financial loss from climate events.
                                   Infrastructure     JIIPE, engineered to
                                                      withstand flooding, tidal
                                                      inundation, and extreme
                                                      weather.
Resilience & Business Continuity   Operational &      Climate risk management       Maintains service continuity and
                                   Supply Chain       embedded in operations,       distribution stability under extreme
                                   Resilience         covering logistics routing    conditions.
                                                      and weather disruption
                                                      preparedness.


Resource                           Water              Water management              Reduces water scarcity risk and
Management (Adaptation)            Management         practices, including reuse,   water-related operating costs.
                                                      harvesting, and the zero
                                                      water runoff concept
                                                      applied at JIIPE.
Market Opportunity                 Alternative        Expanding biofuel             Opens new business opportunities.
                                   Energy & Clean     and LNG distribution.         Strengthens position in the future
                                   Technology         Advancing EV ecosystem        energy ecosystem.
                                                      and clean technology
                                                      initiatives.




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     Java Integrated Industrial
     and Port Estate (JIIPE)
          Climate-Resilient Industrial Ecosystem
     As an integrated industrial and port estate on the East Java coastline, JIIPE faces a range of climate risks, including extreme
     rainfall, waterlogging, and sea-level rise.

     To sustain operations and protect tenant activities, JIIPE has embedded the principle of climate resilience into its master
     planning, infrastructure design, and operational management systems.


     Climate-Integrated Master Planning                                  Integrated Flood Control System

     The estate master plan developed by Nippon Koei Japan,              JIIPE operates a retention-based flood control system.
     incorporates climate change projections over the next               Retention ponds are designed to store and regulate
     100 years. This approach ensures robust protection against          stormwater before it is discharged outside the estate.
     flooding and sea-level rise.




         Planning                   Resilience                              Infrastructure               Capacity
         Element                    Approach

                                    >3.5 metres above sea                   Main Water Pond             22 Ha
        Site elevation
                                    level
                                                                            Minipond                    3 Ha
                                    100-year resilience
        Design projection                                                   Green Zone Pond             Available
                                    standard

                                    Seawall along the
        Coastal protection
                                    coastline

        Nature-based solution       Mangrove planting

                                    Minimum 10% green
        Green infrastructure
                                    open space



     Drainage & Coastal Protection

     The estate is also sheltered by Madura Island, which naturally
     reduces exposure to high sea waves. Furthermore, the
     estate drainage system has been designed as an integrated
     network.




         Infrastructure             Function

        Long storage drainage       Temporary water storage

        Coastal bund                Tidal flood protection
                                    Drainage network
        Drainage network
                                    integration


     The estate is also sheltered by Madura Island, which naturally
     reduces exposure to high sea waves.




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Operational Readiness                                           Climate-Ready Industrial Infrastructure

JIIPE maintains dedicated operational procedures for            JIIPE provides utility infrastructure that supports tenant
extreme weather events. Operational decisions are               environmental management. All tenant liquid waste is




                                                                                                                                          Our Business Portfolio
coordinated by the Operations Director and President            centrally managed at the estate WWTP.
Director.

Key measures in place include:
• Real-time weather monitoring via BMKG                            Environmental
                                                                                                Function
• Routine estate infrastructure inspections                        Infrastructure
• Post-extreme weather event inspections.
                                                                   SWRO                         Raw water supply

Emergency Response System                                          WWTP                         Wastewater treatment

                                                                   Power plant                  Power supply
To safeguard estate operations and tenant continuity, JIIPE
operates an Emergency Response Plan (ERP) built for rapid,         Estate drainage              Flood control
coordinated, and effective response. Identified scenarios
that may affect estate operations include:                         Green area                   Rainwater absorption

• Major Flooding
  Risk of inundation from extreme rainfall or surface runoff.
• Storms and Extreme Weather                                    Climate Adaptation Outlook
  High winds and severe conditions that may compromise
                                                                To build a climate-resilient and sustainable industrial estate
  operational safety.
                                                                for investors and tenants, JIIPE will continue strengthening
• Estate Utility Disruption
                                                                its resilience through:
  Disruptions to power, water, or other operational support
                                                                • Expanding water pond capacity
  systems.
                                                                • Reinforcing the estate drainage system
                                                                • Upgrading weather monitoring and early warning
   All these scenarios are covered in the Emergency
                                                                    systems.
   Response Plan (ERP) which serves as the operational
   guide for managing emergency situations.




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     Jakarta Tank
     Terminal (JTT)
          Climate-Resilient Industrial Ecosystem
     As an energy storage and distribution facility within a port area, Java Tank Terminal (JTT) integrates
     the principle of climate resilience into facility design, operational systems, and emergency
     response mechanisms. This ensures the terminal remains safe and reliable under extreme weather
     disruptions.


     Climate Risk Exposure

     JTT has identified key climate risks that may affect terminal operations.



                                        Potential
       Climate Risk                                                       Mitigation
                                        Operational Impact

       Extreme rainfall                 Terminal area flooding           Bund wall & drainage system

       High winds                       Jetty activity disruption        Operational threshold

       High waves                       Vessel operation risk            Shutdown protocol

       Coastal flooding                 Storage facility risk            Facility elevation




     Climate-Resilient Engineering Design

     Terminal facilities are designed to protect against waterlogging and extreme weather events.



      Infrastructure                  Resilience
      Component                       Approach

                                      Tank and building foundations sit above the maximum
       Facility elevation
                                      historical flood level

       Bund wall                      Serves as both spill containment and flood protection

       Environmental system           Oil-water separator to prevent contamination

       Design standards               Aligned with API, NFPA, and SNI standards




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Digital Weather Monitoring                                 Emergency Response & Business Continuity

Operational decisions are supported by real-time weather   JTT maintains an integrated emergency response system to
monitoring.                                                ensure operational safety. Emergency drills are conducted
                                                           regularly to keep personnel prepared.




                                                                                                                                      Our Business Portfolio
Operational data sources
• BMKG
• Automatic Weather Station (AWS)
• Tidal data from port authorities
                                                             Risk                       Response
Critical operational decisions rest with the Terminal
Manager.
                                                             Flooding                  Backup submersible pumps

Operational Safety Threshold                                 Storm / high waves        Emergency unberthing

                                                             Utility disruption        Automatic backup generator

 Weather Parameter           Operational Policy
                                                           Climate Adaptation Outlook
  Wind >20 knots         Jetty activities suspended
                                                           Going forward, JTT will continue strengthening operational
  Extreme rainfall       Operations slowed
                                                           resilience to ensure long-term energy distribution reliability
  High risk              Full operational shutdown         through:
                                                           • Digitizing the weather monitoring system
                                                           • Strengthening the early warning system
All these parameters are documented in the Work            • Enhancing jetty infrastructure resilience against sea-
Instruction Operation.                                        level rise.




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     Realizing ESG Principles in the Development of the East Java Industrial Estate SEZ
     JIIPE [OJK F.26]

     AKR’s Environmental, Social, and Governance (ESG) principles         JIIPE generates a significant multiplier effect on both regional
     are comprehensively established in the development of                and national economies, particularly through the creation of
     JIIPE as a model for a future industrial estate that is efficient,   direct and indirect employment opportunities. The presence
     modern, and environmentally and socially responsible.                of anchor tenants also encourages the development of
                                                                          downstream industrial ecosystems that strengthen the
     The implementation of ESG principles at JIIPE is reflected           national supply chain. In addition, the concept of an integrated
     in efforts to integrate environmentally friendly approaches          industrial estate that combines manufacturing areas with a
     into all stages of infrastructure development and estate             deep-sea port within a single location provides significant
     operations. As an integrated industrial estate that supports         logistic efficiencies, thereby enhancing the operational
     green economic growth while creating harmony between                 competitiveness of tenants. Overall, JIIPE plays an important
     industrial activities, the environment, and the surrounding          role in strengthening the position of national industry in the
     community, the approach at JIIPE reflects AKR’s commitment           global market.
     to encouraging industrial transformation toward a more
     sustainable and inclusive development model.


     Strengthening Clean Energy Infrastructure Investment to Support a Low-Carbon
     Economy and Climate Resilience [SEOJK F.3]

     As part of efforts to strengthen infrastructure investment that      sector customers. In line with this, AKR through PT Berkah
     supports a low-carbon economy and climate resilience, PT             Buana Energi (BBE) has signed Gas Sales Agreements (GSA)
     Berkah Renewable Energi Nusantara (BREN), AKR’s newest               with several companies located in the JIIPE Special Economic
     subsidiary, has obtained government approval to develop an           Zone.
     offshore solar farm in Indonesia. This reflects a strategic step
     in expanding AKR’s clean energy portfolio while addressing
     the growing demand for sustainable energy among industrial




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                                                                                                                                    Our Business Portfolio
                        Social                                                   Environment

Community Economic and Social Development at JIIPE         Advanced Technology Wastewater Treatment System
                                                           [GRI 306-2]
In line with a commitment to support economic
growth and social development, JIIPE contributes to        Advanced technology in the wastewater treatment
job creation and community empowerment through             system at JIIPE includes a Waste Water Treatment Plant
various sustainable programmes that aim to enhance         (WWTP) with a capacity of 2,500 m³/day equipped with
the independence and competitiveness of local              a Membrane Bio Reactor to ensure that liquid waste
communities.                                               meets the required standards. Wastewater is recycled
                                                           through Ultra Filtration and Reverse Osmosis processes,
                                                           producing clean water for tenants while reducing the use
100%                                                       of natural water resources.
The target for workforce absorption in the JIIPE Special
Economic Zone was achieved in 2025.                        Zero Water Runoff with a Water Treatment Plant
                                                           [GRI 306-1]

                                                           A Water Treatment Plant equipped with Sea Water
                                                           Reverse Osmosis with a capacity of 2,400 m³/day and a
                                                           42-hectare rainwater retention pond to meet industrial
                                                           needs manages JIIPE’s clean water.

                                                           Gas-Fired Power        Plant   as   the   Main      Energy
                                                           Source [GRI 305-5]

                                                           JIIPE holds a licence to supply 515 MW of electricity for
                                                           industrial tenants, with gas-fired power plants serving as
                                                           the primary energy source and the gradual development
                                                           of solar panels.

                                                           Ecological Aspects of the JIIPE Industrial Estate

                                                           Located near the Madura Strait, JIIPE has a unique
                                                           ecosystem that supports biodiversity. To preserve this,
                                                           the estate implements green infrastructure, such as green
                                                           roofs and green walls, as well as green open spaces.


                                                                                 Governance


                                                           The JIIPE Special Economic Zone received the Best
                                                           SEZ Award

                                                           From the Coordinating Ministry for Economic Affairs of
                                                           the Republic of Indonesia.

                                                           The JIIPE Special Economic Zone contributes to the
                                                           global supply chain

                                                           Through copper downstream processing with the
                                                           operation of PT Freeport Indonesia.




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     JIIPE: Engine of Industrial
     and Economic Growth in Gresik
     As the Gresik Special Economic Zone (SEZ), JIIPE serves as an industrial development hub supporting downstream processing
     and national supply chain integration. The estate has attracted large-scale investment, created tens of thousands of jobs, and
     driven economic activity across Gresik Regency and East Java Province. This impact is reflected in rising human development
     quality and declining unemployment in surrounding areas.



         Investment and Industrial Development




                 111.5 Trillion                             33 Tenants
                                                                                                           Industrial Clusters at JIIPE

          Rp                                                                                        • Metal Industry
                                                                 (16 PMA | 17 PMDN)
                                                                                                    • Chemical and Petrochemical
                 Total Estate Investment                  Number of Industrial Tenants                Industry
                                                                                                    • Energy and Technology Industry
                                                                                                    • Electronics Industry
                                                                                                    • Supporting      Industries  and
                                                                                                      Logistics


         Job Creation                                                          Social Impact for Communities




                     43,257 People                                                                79.69
                                  Total Workforce                                      Gresik Human Development Index (HDI)



               The estate makes a significant contribution to                   Reflects improvement in:
                   employment across Gresik Regency                             • Education
                          and surrounding areas.                                • Health
                                                                                • Purchasing power




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                                                                                                                                         Our Business Portfolio
Contribution to Regional Economy




         Rp    202 Trillion                                                  52.58%
               Gresik Regency GDP                                     Industry Contribution to Gresik GDP




                 Industry is the largest economic sector underpinning regional economic activity.




Declining Unemployment Rate




                 5.47%
                                                                  8.00%


                                                                             7.84%


                                                                                       6.82%
            Open Unemployment Rate


                                                                                                    6.45%


                                                                                                                 5.47%
This decline reflects expanding job opportunities as
       industrial activity in the estate grows.




                                                                  2021      2022       2023         2024         2025

                                                                            Open Unemployment Rate




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                Digitalisation of the Customs System
                to Support Logistics Efficiency

           Through digital technology JIIPE continues to promote         enables the release of goods to be processed
           greater logistics efficiency, including the piloting of the   automatically through digital data verification, where
           Customs Auto Gate System within the customs area. This        the gate opens after the container receives approval
           was officially launched on 15 October 2025 as a result of     from the Customs system. Through this mechanism, the
           collaboration between Gresik Customs, the Business            customs clearance process can be carried out more
           Entity for the Development and Management (BUPP) of           quickly, waiting time (dwelling time) can be reduced, and
           the Gresik Special Economic Zone, PT Berkah Kawasan           transparency and accountability in monitoring the flow of
           Manyar Sejahtera (BKMS), and the Administrator of the         goods can be improved.
           Gresik Special Economic Zone.
                                                                         The system provides greater service certainty for
           The Auto Gate System aims to accelerate the movement          business actors and contributes to reducing national
           of goods in and out of the area, improve the efficiency       logistics costs, reflecting JIIPE’s commitment to building
           of customs services, and support a more conducive             an efficient, transparent, and sustainable industrial
           investment climate in the industrial estate. The system       ecosystem through the utilisation of digital technology.




                Indonesia’s Precious Metals
                Downstream Processing Hub

           In 2025, JIIPE recorded an important milestone with           facility is expected to increase the added value of mineral
           the inauguration of the Precious Metal Refinery (PMR),        resources that were previously exported in raw form, in
           owned by PT Freeport Indonesia (PTFI), by the President       line with government policy direction to optimise the
           of the Republic of Indonesia, Prabowo Subianto. The           utilisation of natural resources domestically.
           inauguration marked a strategic step in advancing the
           national mineral downstreaming programme while                With the commencement of operations of the PTFI PMR,
           strengthening the value chain of the mining industry and      JIIPE has now developed into the only industrial estate in
           supporting Indonesia’s economic self-reliance.                Indonesia that possesses an integrated precious metals
                                                                         downstream ecosystem. The strengthening of this
           The PTFI PMR facility is designed to process anode sludge     ecosystem is further supported by PT Aneka Tambang Tbk
           using large-scale hydrometallurgical technology, and is       (ANTAM) as part of collaborative efforts to reinforce the
           among the largest in the world. Through this process, the     national precious metals industry supply chain and create
           PMR produces precious metals such as gold and silver          sustainable long-term economic value.
           with purity levels that meet international standards. The




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    Attracting Investment of More than
    Rp111 Trillion




                                                                                                                                    Our Business Portfolio
Cumulative realized investment at SEZ JIIPE has exceeded
Rp111 trillion, underscoring its strategic role as a centre for
industrial and logistics growth in East Java.

As a technology and manufacturing-based special
economic zone covering approximately 3,000 hectares,
SEZ JIIPE is supported by integrated infrastructure,
including a deep-sea port, 16 LWS berths, direct access
to toll roads, and railway connectivity. This positions it
as a strategic logistics hub that strengthens industrial
competitiveness, improves supply chain efficiency, and
supports smooth national and international distribution.

Large-scale investments in the estate have generated
broad economic impacts, including the creation of
thousands of jobs, strengthened participation of local
businesses in the industrial supply chain, and the creation
of significant multiplier effects for the East Java economy
while contributing to national economic growth.                   SEZ JIIPE also received the BIG Conference Bisnis
                                                                  Indonesia Group (BIG) 40 Awards 2025 in the category
 In recognition of these achievements, SEZ JIIPE received         of Excellence in Investment Dominance and Strategic
Second Place in the 2025 Investment Award for the                 Downstreaming, in recognition of its contribution
Domestic Investment (PMDN) category at the Jatim Fest             to encouraging investment inflows and industrial
event organised by the East Java Provincial Government            downstream development.
further reinforcing the commitment to develop a modern,
globally competitive, and sustainable industrial estate,
in line with East Java’s vision as one of the key drivers of
Indonesia’s economy.




    Strategic Collaboration with BPH
    Migas to Strengthen National
    Energy Distribution
AKR held an audience with the Downstream Oil and Gas
Regulatory Authority (BPH Migas) to strengthen alignment
with the regulator and support reliable, targeted national
energy distribution governance. During the meeting,
AKR presented its retail fuel business performance,
operational digitalization systems, and efforts to improve
transparency and accountability in subsidized fuel
distribution.

AKR also reaffirmed its role in supporting the One-Price
Fuel (BBM Satu Harga) program, particularly in remote,
frontier, and outermost (3T) regions to broaden energy
access. Discussions with BPH Migas covered field-
level operational challenges and the policy support
needed to ensure smooth energy distribution, ultimately
contributing to national energy supply stability and
economic growth.




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        Strong Financial
        Fundamentals
         Summary of Financial Performance

     Amid various challenges and increasingly complex                        As a provider of logistics and supply chain services for
     industry dynamics in 2025, AKR maintained a solid financial             petroleum fuels and basic chemicals, AKR applies a formula-
     performance recording net profit of Rp2.473 trillion, remaining         based pricing business model that enables price adjustments
     above Rp2 trillion. This reaffirms AKR’s resilience, with an            to customers while emphasising the principle of net open
     average annual growth rate (Compound Annual Growth Rate/                position. With a solid business model and well-managed risk
     CAGR) of 16.4% over the past five years.                                management practices, the Company is able to maintain
                                                                             stable performance and deliver sustainable growth.
     Growth was primarily supported by the consistency of the
     core business segments, namely trading, distribution, and               In accordance with the resolution of the Annual General
     logistics, as well as increasing contributions from the industrial      Meeting of Shareholders (AGMS) held on 28 April 2025,
     estate segment. Through adaptive and sustainability-oriented            approval was given for the distribution of dividends amounting
     business strategies, AKR continues to strengthen its position           to 88.77% of profit for the year attributable to owners of the
     as one of the leading players in the logistics and energy               parent entity, totalling Rp1,650 billion. Accordingly, dividends
     distribution sectors in Indonesia.                                      for Financial Year 2024 were determined at Rp1,975 billion
                                                                             or Rp100 per share, based on a total of 19,752,819,600
     In 2025, the Company recorded revenue of Rp46,018 billion,              outstanding shares.
     an increase of 19% compared with the previous year of
     Rp38,729 billion that was mainly driven by stable performance
     in the trading and distribution segment, as well as strong
     growth in the industrial estate segment, particularly from land
     sales and higher utility revenue contributions to total revenue.




     Sales and                                                               Operating
                                                       46,018




                                                                                                        3,561




     Revenue                                                                 Profit
     [SEOJK F.2]                                                             [SEOJK F.2]
                                  42,087




                                                                                                                             3,083



     (Rp Billion)                                                            (Rp Billion)
                                            38,729




                                                                                                                  2,578




                                  2023     2024       2025                                             2023       2024       2025




         Economic Value Generated and Distributed Directly (in thousand Rupiah) [GRI 201-1]


       Economic Value by Year                                                2025                      2024                          2023

       Economic Value Generated

       Sales & Revenue                                           46,018,468,072              38,729,493,298               42,086,952,436

       Gain on Sale/Disposal of Fixed Assets – Net                        2,679,292                3,733,007                     14,657,761

       Foreign Exchange Gain (Loss) – Net                             14,824,560                  13,689,654                     6,248,958




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Economic Value by Year                                           2025                       2024                           2023

Other Operating Income                                      39,712,781                38,790,304                    48,961,005
Finance Income                                            290,778,124                352,599,086                   196,567,492




                                                                                                                                        Our Business Portfolio
Share of Profit of Associates                              52,199,723                 46,467,083                    34,534,891
Other Comprehensive Income (Loss) for the
                                                           43,497,850                 52,899,335                  (30,143,953)
Year, Net of Tax
Total Economic Value Generated                        46,462,160,402               39,237,671,767            42,357,778,590

Economic Value Distributed

Operating Expenses:

Cost of Sales and Revenue                             -41,920,479,417          -35,220,457,367               -37,613,487,899

Operating Expenses                                     -1,059,297,668                -974,591,857                -974,870,563

Other Operating Expenses                                   -12,106,041                 -12,191,957                   -7,927,557

Payments to Providers of Capital:

Finance Costs                                             -73,767,925                 -84,909,111                 -68,489,236
Dividend Payments (parent entity)                      -1,977,629,460              -1,973,716,960             -2,467,146,200

Payments to Government

Final Tax on Finance Income                               -45,491,265                 -53,714,989                 -35,675,352

Final Tax                                                 -25,458,432                -26,556,061                   -19,813,545
Net Income Tax                                           -458,645,797               -412,883,578                 -589,188,690
Total Economic Value Distributed                    -45,572,876,005           -38,759,021,880               -41,776,599,042
Economic Value Retained                                  889,284,397                478,649,887                    581,179,548




 Rp529.59 billion                              Rp1,975 billion                                       16.4%
AKR’s contribution to state revenue         Dividend distribution to                    Average annual growth rate
in the form of Income Tax, Final Tax,       shareholders with a payout ratio of         (Compound Annual Growth Rate/
and Final Tax related to Finance            88.77% for total dividends for 2024,        CAGR) of net profit over the past
Income in 2025                              with dividend payments made twice           twenty years
                                            during 2025 (the 2024 final dividend
                                            and the 2025 interim dividend)




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                AKR Included in the Fortune
                Southeast Asia 500 in 2025

           AKR achieved a significant milestone by being included      Development of the bp-AKR service station network
           in the Fortune Southeast Asia 500 (2025), reflecting the
           Company’s solid financial performance and consistent        Through its strategic partnership with BP, AKR continues
           execution of its long-term business strategy. Over the      to develop the bp-AKR service station network that
           past five years, AKR has delivered sustained net profit     provides cleaner-quality fuel products supported by high
           growth, supported by a focused expansion across             service and safety standards. This initiative reflects the
           infrastructure, energy, and industrial estate sectors.      Company’s commitment to providing more responsible
                                                                       energy solutions for the community.
           This recognition is supported by the expansion of
           operational capacity, improvements to supply chain          Development of the Special Economic Zone (SEZ) Java
           efficiency, and strengthening of the Company’s              Integrated Industrial and Ports Estate (JIIPE)
           contribution to national economic development. Several
           key initiatives include:                                    As the main developer of SEZ JIIPE, AKR has successfully
                                                                       attracted both domestic and foreign investment to drive
           Expansion of infrastructure and logistics network           the growth of the manufacturing and logistics industries.
                                                                       The Company has also invested in digital transformation
           AKR continues to expand its fuel and chemical logistics     to improve operational efficiency and enhance the
           network across various strategic regions, including         competitiveness of the estate, while strengthening AKR’s
           Sulawesi and Eastern Indonesia. The strengthening           role as part of the national logistics network that supports
           supports more reliable and efficient product distribution   industrial development and economic connectivity
           for customers in the mining and industrial sectors, and     across Indonesia.
           national logistics connectivity.




                Recognition in Fortune
                Indonesia 100 – Energy Sector

           AKR received external recognition for its contribution to
           the national energy sector through the Fortune Indonesia
           100 – Energy Sector award at the FORTUNE Indonesia 100
           Gala 2025 organized by Fortune Magazine. This award
           is presented to companies considered to have played
           a significant role in supporting Indonesia’s economic
           growth through consistent and impactful business
           performance.




         Service Reach, Service Quality, Safety, and Responsibility to Customers [SEOJK F.27]

     A key strength is AKR’s ability to provide integrated logistics   terminals located several strategic ports across various
     services and supply chain solutions for energy and chemicals      regions in Indonesia, providing high flexibility while expanding
     across Indonesia. The Company is supported by an extensive        the distribution reach of energy products and chemicals.
     and connected national distribution network, as well as the
     utilization of advanced technology that enables operations        AKR also manages a complete logistics fleet, including marine
     to be managed reliably, safely, and efficiently, maintaining      vessels and trucks for transporting fuel and basic chemicals,
     service quality as well as building customer trust and            supporting thousands of companies and industrial customers
     satisfaction across all operational areas.                        across Indonesia. The Company expanded its fleet of vessels
                                                                       and land transportation vehicles to anticipate increasing
     To support operational sustainability, AKR operates               demand, particularly in Eastern Indonesia, as part of AKR’s
     comprehensive logistics infrastructure equipped with              commitment to maintaining supply reliability.
     reliable information technology-based monitoring systems.
     The Company owns storage tank facilities and distribution



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In its business activities, AKR distributes non-subsidized fuel    the Air bp-AKR joint venture for aviation fuel operations. These
to various industrial sectors, including the commercial sector,    initiatives align with AKR’s strategy to strengthen its business
smelters, power generation, manufacturing, plantations,            portfolio in responding to the increasingly diverse energy
fisheries, and bunker services, while also serving the retail      needs in Indonesia. [SEOJK F.26]




                                                                                                                                           Our Business Portfolio
segment through its available outlet network. For subsidized
retail fuel, the Company also acts as a distribution partner for   As part of its long-term growth strategy, AKR is gradually
subsidized diesel and high-quality gasoline for motor vehicles     expanding the distribution network into regions with growing
and fishermen in Java, Sumatra, Kalimantan, and Sulawesi.          market potential, including areas connected through river
                                                                   port infrastructure supporting operational expansion and
In addition, AKR continues to develop its non-subsidized           broadening access to energy and logistics. This then has
retail fuel and aviation fuel businesses through strategic         an encouraging effect on local economic activity and
partnerships. The Company has established a joint venture          strengthens the business ecosystem. [SEOJK F.29] [GRI 203-1]
with BP Global for retail fuel distribution, as well as forming




         B40 Implementation Monitoring and Evaluation
         to Ensure Quality and Service Reliability

    As part of its commitment to service quality, safety, and      Field verification, technical discussions, and quick tests
    customer accountability, AKR received a B40 Monitoring         on key parameters, including density, FAME content,
    and Evaluation Team from the Palm Oil Fund Management          water content, temperature, and color, all confirmed
    Agency (BPDP) and the Directorate General of Oil and           compliance with specification standards. This reflects
    Gas at Tanjung Emas Terminal, Semarang. The visit aimed        AKR's consistency in maintaining product quality, ensuring
    to verify compliance of the B40 biodiesel program              operational safety, and delivering reliable service across
    and strengthen oversight of product quality and fuel           its entire distribution network.
    distribution reliability.




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         Supply Chain [GRI 2-6]

     AKR builds strategic partnerships with a wide range of                with environmental, occupational health and safety standards,
     suppliers, both large and small, direct and indirect. These           and to understand and support the Company’s sustainability
     form an integral part of the value chain and range from large         policies. Going forward, AKR will conduct periodic supplier
     corporations, agents, and cooperatives to small business              evaluations based on the sustainable procurement policy to
     actors that contribute to the provision of raw materials and          ensure alignment with the objective of building a sustainable
     finished goods.                                                       supply chain. [GRI 308-1]

     The Company is committed to creating shared value for                 AKR supports suppliers that align with the Company’s vision
     all parties within the supply chain ecosystem, including              in developing a sustainable supply chain, including through
     sustainable income opportunities for suppliers and port               collaboration with palm oil farmers in the B40 biodiesel
     authorities, as well as expanded opportunities for products           program, supporting the government’s program to promote
     and services provided by small enterprises required in office         the use of more environmentally friendly biofuels, containing
     operations and those that grow alongside the industrial               40% Fatty Acid Methyl Ester (FAME) derived from palm oil.
     ecosystem at JIIPE, supporting local economic growth                  [SEOJK F.5]
     through job creation and business opportunities.
                                                                           In 2024, AKR successfully obtained Authorized Economic
     To ensure the implementation of good governance in the                Operator (AEO) certification following an inspection process
     procurement process, a sustainable procurement policy                 conducted by the Directorate General of Customs and Excise,
     has been in effect since early 2024, aiming to maintain the           Ministry of Finance of the Republic of Indonesia. The AEO
     integrity of procurement activities while preventing unethical        certification, developed by the World Customs Organization
     practices.                                                            (WCO), plays an important role in enhancing the efficiency and
                                                                           security of the Company’s export and import supply chains.
     The Company recognizes the potential environmental
     and social risks that may arise from operational activities,          Several AKR units to have obtained AEO status include
     whether conducted directly or by third parties. Therefore,            AKR Head Office, AKR Medan (Tank Terminal Anggada and
     periodic monitoring and continuous socialization regarding            Gabion), Lampung, Jakarta, Semarang, Surabaya, Pontianak,
     Environmental and Social impacts are ongoing. [SEOJK F.28]            and Bitung. The program has also been socialized to
                                                                           employees at the head office to strengthen understanding
     To minimize potential negative impacts, requirements ensure           and implementation of AEO standards in daily operational
     suppliers meet technical, financial, administrative, and legal        activities.
     criteria, including ensuring that supply sources do not originate
     from illegal activities. Suppliers are also required to comply




                Strengthening a Sustainable Supply
                Chain at Vopak Terminal Jakarta
                and Merak
           As part of its commitment to implementing a sustainable
           supply chain, Vopak Terminal Jakarta, a joint venture
           between AKR and Royal Vopak operating through PT
           Jakarta Tank Terminal (JTT) and the Merak facility, has
           successfully renewed its ISCC PLUS and ISCC EU
           certifications. This confirms that the storage facilities
           meet international standards related to feedstock
           traceability, supply chain integrity, and responsible
           environmental impact management.

           In addition, Vopak’s certification portfolio also includes
           ISCC CORSIA, a global certification standard specifically
           designed to support the use of Sustainable Aviation Fuel
           (SAF). This ensures that aviation fuel stored and managed
           at Vopak facilities complies with sustainability criteria and
           emission thresholds established by the International Civil
           Aviation Organization (ICAO) under the Carbon Offsetting
           and Reduction Scheme for International Aviation
           (CORSIA).




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   Customer
   Satisfaction




                                                                                                                                             Our Business Portfolio
   [SEOJK F.30]

AKR serves a wide range of customers across various strategic         AKR prioritizes a customer-centric approach across its
industry sectors, including the supply of non-subsidized fuel         operations, ensuring it is consistently embedded in all
to commercial entities, smelters, power plants, manufacturing         operational activities. The Company maintains two-way
facilities, plantations, fisheries, bunkering activities, and other   communication with customers to understand their needs,
essential sectors. Downstream, AKR distributes fuel to the            expectations, and feedback regarding the services provided.
public through its network of AKR-branded and bp-AKR fuel             Feedback forms the basis for continuous improvement,
stations. In addition, through strategic collaboration with           enabling AKR to further enhance service quality. To deliver
the government, the Company plays a role in distributing              effective solutions and achieve service excellence, the
subsidized diesel fuel to support transportation and fisheries        Company also utilizes supporting technologies and provides
needs, including in remote regions.                                   reliable after-sales support.

                                                                      No product recalls related to fuel or basic chemical products
                                                                      that had a significant impact on customer satisfaction were
                                                                      recorded in 2025. [SEOJK F.29] [GRI 416-2]




         Optimizing Service to Enhance
         Customer Satisfaction

     JTT maintains intensive communication and conducts               As part of this commitment, JTT organizes Operational
     regular meetings with customers to identify What is              Review Meetings (ORM) with a frequency adjusted to
     Important To You (WITY). This approach aims to ensure a          the scale and operational complexity of each customer,
     comprehensive understanding of customer needs, while             ranging from 2 to 12 times per year. In 2025, JTT recorded
     enabling accurate anticipation of demand to conduct              a customer satisfaction index of 96 out of 100, with 3 out
     operations in accordance with agreed procedures and              of 3 customer complaints successfully resolved.
     timelines.




                                                               96
                                                      Customer Satisfaction Index




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         Customer Complaint Handling [GRI 416-1]

     Customer input is a valuable source of learning, improving the quality of services and products. Therefore, AKR provides
     accessible, structured, and effective channels for submitting complaints, feedback, and suggestions via an integrated digital
     system, M-Files, which functions as a platform for recording, monitoring, and resolving customer complaints. The system is
     designed to be user-friendly, simple, and informative, thereby supporting responsive and transparent complaint handling
     processes.

     The workflow of AKR’s customer complaint handling system is as follows:



                                                                CRO Input to
                                                                                                   Assignment
                                                                The System


                                              Customer
                                             Relationship       Notification        System         Notification          PIC
          Complaints
                                              Complaints                            M-Files                           per Topics
                                             Officer (CRO)


     Each complaint submitted by customers, whether through email, telephone, or direct communication, is recorded by the
     Customer Relationship Officer (CRO) in the M-Files system according to the branch receiving the complaint. The complaint is then
     followed up by the relevant Person in Charge (PIC) to ensure appropriate handling and to update the resolution status. Once the
     handling process has been completed, the CRO receives a notification to ensure that the customer complaint has been resolved
     thoroughly and adequately.




                 Customer
                 Complaint Management

           Throughout 2025, APR recorded 1,052 customer complaints, all of which were followed up and resolved (closed).
           Complaints were managed through a structured and responsive mechanism. This aligns with a high customer satisfaction
           index of 4.6 out of 5, reflecting the Company's ongoing commitment to service quality and continuous improvement.




        Operational Excellence
        and Technology Utilization
        [SEOJK F.30]




         Superior Operational Performance

     Operational excellence is a fundamental foundation for             automation and digitalization, adopting more streamlined
     maintaining competitiveness and business sustainability,           management systems, and prioritizing safety and customer
     implemented through the adoption of targeted strategies            satisfaction, AKR strengthens its position as a Company that
     aimed at improving efficiency, ensuring occupational               implements operational excellence practices.
     safety, and supporting sustainable performance across all
     operational lines.                                                 Throughout 2025, operational excellence in the logistics
                                                                        supply chain remained a key focus to ensure reliability and
     Various AKR initiatives have contributed to optimizing             operational effectiveness, including: [SEOJK F.26]
     operational activities across business sectors, reducing
     costs, and improving overall efficiency. By integrating process




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                                                                                                                                                   83




Fuel Tank and Pump       Tank inspections are conducted in accordance with API 653 standards to ensure asset integrity and
   Maintenance           operational reliability. Pump performance is monitored regularly to maintain flow stability and loading-
                         unloading efficiency.




                                                                                                                                                   Our Business Portfolio
                         Throughout 2025, strong pump reliability contributed to:
                         • Smooth distribution,
                         • Reduced operational disruptions, and
                         • Improved logistics efficiency.

                         Business impact:
                         • Reduced operational downtime
                         • Maintained quality of distribution services to customers


 Control Tower and       The Company operates a Control Tower to monitor fleet activities in real time, including driving behavior,
  Safety of Land         routes, and travel time, to improve efficiency and safety.
  Transportation
                         Safety programs include Driver of the Month, medical check-ups, road hazard mapping, and defensive
                         driving training.

                         Throughout 2025, these initiatives contributed to:
                         • Reduced transportation incidents,
                         • Improved fleet utilization efficiency, and
                         • Enhanced driver productivity.

                         Business impact:
                         • Reduced potential losses from accidents
                         • Improved delivery reliability


AI for Risk Monitoring   The Company leverages Artificial Intelligence (AI) to enhance operational monitoring, including detection
     & Mitigation        of driver fatigue and potential leakage during distribution. The system is integrated with GPS and vehicle
                         sensors for real-time monitoring.

                         Throughout 2025, AI implementation contributed to:
                         • Earlier risk detection,
                         • Reduced potential product losses, and
                         • Faster incident response.

                         Business impact:
                         • Reducing potential financial losses from leakage/fraud
                         • Enhancing distribution security


Transport Efficiency     AKR-AST menerapkan standar operasional terukur dalam pengelolaan armada laut, mencakup manajemen
and Reliability Vessel   penggunaan bahan bakar, pengaturan rute pelayaran, serta pengelolaan muatan untuk memastikan efisiensi
                         operasional dan keandalan distribusi. Pemanfaatan teknologi pendukung memungkinkan pemantauan
                         operasional kapal dan pengelolaan risiko secara real-time.

                         As part of emission control and energy efficiency efforts, AST strictly enforces vessel fuel consumption
                         controls, including a multi-tiered approval process up to the top management level. By 2025, two AST
                         vessels, namely AKRA 103 and AKRA 105, have met compliance requirements for emissions reporting through
                         the Ship Fuel Consumption Data Collection System (DCS) managed by the Ministry of Transportation of the
                         Republic of Indonesia for international voyages.

                         From an environmental compliance perspective, AST ensures that the entire fleet meets applicable ship
                         certification requirements, including the National Pollution Prevention Certificate (SNPP), International Air
                         Pollution Prevention (IAPP), International Oil Pollution Prevention (IOPP), International Sewage Pollution
                         Prevention (ISPP), as well as ship energy efficiency requirements through the Energy Efficiency Design
                         Index (EEDI) for ships built after 2010 and the Energy Efficiency Existing Index (EEXI) for ships built prior to
                         that. Additionally, Ballast Water Management (BWM) is implemented to prevent negative impacts on marine
                         ecosystems.

                         Throughout 2025, these initiatives will contribute to:
                         • Improved fuel efficiency,
                         • Control of fleet operational emissions,
                         • Reduction of shipping disruptions, and
                         • Increased maritime fleet productivity.

                         Impact on business:
                         • Optimization of operational costs
                         • Improved supply chain reliability




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         Environmentally          AKR-AST deploys operational waste management technologies including oil-water separator, incinerator,
      Responsible Operations      and sewage tank, ensuring compliance with national regulations and international standards, including Ballast
          & Compliance            Water Management (BWM).

                                  Throughout 2025, this contributed to:
                                  • More effective and controlled operational waste management,
                                  • Higher environmental compliance standards across the entire fleet, and
                                  • Stronger operational reliability through pollution and disruption risk prevention.

                                  Business impact:
                                  • Minimizing operational disruption from environmental incidents,
                                  • Sustaining operational continuity and customer trust, and
                                  • Reducing exposure to compliance risk and potential sanctions.


        Fuel Consumption          AKR-ATI runs a Fuel Consumption Monitoring to optimize non-renewable fuel consumption. The program
         Optimization &           monitors and controls fuel consumption ratios per truck unit by customer cluster and operational location
       Operational Efficiency     enabling more efficient and measurable energy use.

                                  Throughout 2025, this program contributed to:
                                  • More consistent and optimal fuel consumption control,
                                  • Improved fleet operational efficiency through data-driven monitoring, and
                                  • Stronger monitoring system to support more precise operational decision-making.

                                  Business impact:
                                  • Reducing fuel consumption intensity and operating costs,
                                  • IImproving fleet efficiency and productivity, and
                                  • Supporting reduced environmental impact through more controlled energy use.




                 AKR Achieves Recognition
                 at the SPEx2® Award 2025

          AKR once again reaffirmed its strategic capability and           The three awards were the Triple Excellence Platinum
          disciplined business execution through an outstanding            Award, recognizing the Company’s success in consistently
          achievement at the SPEx2® Award 2025 (Strategy-                  executing its strategy for three consecutive years (2023–
          into-Performance Execution Excellence). The award                2025), Best Execution in All Industries, reaffirming AKR’s
          is organized by GML Performance Consulting in                    position as the company with the best strategy execution
          collaboration with Kontan, recognising companies                 performance across all industry sectors, and Best Execution
          that successfully translate strategy into effective and          in Distribution Industry, recognizing the Company’s
          sustainable performance.                                         excellence in executing strategy within the distribution and
                                                                           logistics sector.
          The SPEx2® Award 2025, where AKR received three
          major awards, carried the theme “Business Model
          Innovation in Uncertain Times,” and highlighted the
          importance of strategic resilience and execution
          excellence amid dynamic and uncertain business
          environments.




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                                                                                                                                              85




   Continuous Improvement & Business Continuity Plan

Amid increasingly complex and competitive industry                     practices, where the adoption of the latest technologies and




                                                                                                                                              Our Business Portfolio
dynamics, Continuous Improvement is a core strategy                    innovations, supported by training programs for employees,
across the Company and its subsidiaries, designed to ensure            forms an integral part of efforts to strengthen organizational
sustained performance enhancement while maintaining long-              capabilities.
term business resilience.
                                                                       As the main framework, the Plan–Do–Check–Act (PDCA)
The commitment to Continuous Improvement is realized                   approach is applied across all Continuous Improvement
through the refinement of business processes, operational              initiatives. Through this approach, AKR and its subsidiaries
systems, and corporate culture, with the objective of                  can improve product and service quality, reduce costs, and
improving efficiency, effectiveness, and overall quality.              strengthen operational efficiency.
AKR regularly evaluates and enhances its management
systems and work processes by referring to industry best




            Plan                                Do                                Check                            Act
    Planning stage (Plan),           Implementation stage,                Evaluation stage, focused          Follow-up stage,
  where AKR identifies areas        where planned actions are             on assessing performance        focusing on continuous
    for improvement and                    executed.                      against defined indicators.      improvement actions
  defines action plans along                                                                              and defining next-step
    with key performance                                                                                         iterations.
          indicators.




                                                                 Plan
                                                                 (Plan)




                                              Act                                      Do
                                            (Improve)                               (Perform)




                                                               Check
                                                                (Monitor)




To maintain operational resilience, a Business Continuity Plan         To ensure effectiveness, the BCP is regularly tested through
(BCP) mitigates potential operational disruptions. The BCP is          simulations and internal reviews and updated to reflect
tested and updated periodically to ensure its readiness and            evolving operational risks and external conditions, including
effectiveness under various scenarios, including those caused          shifting weather patterns and increasing extreme event
by extreme weather events and supply chain disruptions.                frequency.

The BCP covers a range of disruption scenarios — including             This approach enables AKR to:
logistics distribution failures, storage facility disruptions, and     • Maintain operational continuity under disruption,
land and sea transport breakdowns. Implementation includes             • Minimize potential financial impact from operational
emergency response procedures, operational priority                       disruptions, and
protocols, and cross-functional coordination mechanisms to             • Sustain service reliability for customers.
ensure service continuity.




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         Adoption of Information Technology and Latest Technologies

     In responding to changes and challenges in the digital era,      Through strategic investments in the development of
     continuous transformation and adaptation are necessary           information technology systems and the digitalization of
     to remain competitive. Technology is a key enabler in            business processes, AKR has successfully driven significant
     strengthening operational excellence while supporting AKR’s      improvements in operational efficiency. The development
     commitment to sustainability.                                    of IT systems within AKR is designed to generate measurable
                                                                      added value for operations and decision-making, based
                                                                      on four key values that form the foundation for technology
                                                                      implementation within the Company:




                                                                         Collaboration                     Automation
                                                                       Developing productivity           Streamlining workflows
                                  Collaboration                           across business                    and shortening
                                                                             processes.                   completion timelines.




                                   Assurance

                                                                         Simplification                     Assurance

                 Automation                 Simplification              Simplifying processes              Ensuring availability,
                                                                       to eliminate non-value-          traceability, and security,
                                                                      added and unnecessary or               while maintaining
                                                                           redundant tasks.               alignment with overall
                                                                                                           business objectives.




         Information System Transformation and AKR IT Roadmap

     AKR has gradually developed an integrated information            The Company allocates adequate budgets for IT development,
     system to improve operational efficiency and reliability. This   alongside enhancing human resource capabilities through
     strategic program is focused on four main pillars, namely        training and certification programs, ensuring that each
     Collaboration, Automation, Simplification, and Assurance         investment delivers positive and sustainable impacts on the
     & Governance, implemented as part of the Company’s               Company’s operational performance and business growth. In
     commitment to building a strong and sustainable digital          2024, AKR’s information technology policy included several
     foundation.                                                      strategic initiatives designed to strengthen IT system support
                                                                      for business and operational needs.




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                                                    Network Infrastructure
          System Integration                                                                   Information System Security
                                                       Strengthening

  • IT integrates various applications         • IT combines multiple network               • Digital security is strenthrened




                                                                                                                                            Our Business Portfolio
    and systems to create                        providers, including satellite               through system monitoring,
    connected and efficient end-to-              technology, to ensure reliable               the implementation of multi-
    end business processes.                      connectivity across all                      factor authentication, and data
  • Systems such as CRM, ERP,                    operational locations.                       encryption.
    Displan, and SCADA are                     • This network enhancement                   • In addition to technical
    interconnected to accelerate                 supports the smooth operation                protection measures, regular
    processes, reduce human error,               of systems in remote areas and               security awareness programs
    and lower the risk of fraud.                 transportation facilities in a               are conducted to enhance
  • This initiative forms part of                cost-efficient manner.                       employee awareness of cyber
    continuous improvement efforts                                                            risks.
    to enhance process efficiency
    and accuracy.



Since 2024 AKR has been developing an IT roadmap that serves as a strategic framework for optimizing the use of technology and
digitalization across operationals, designed to enhance efficiency, strengthen information security, and promote comprehensive
system integration, that enables technology to serve as a key driver of competitiveness and long-term growth.




       Short-Term Objectives

       In the short term, AKR prioritizes the development of a reliable digital foundation through the standardization of
       IT systems and the enhancement of supporting applications and infrastructure. Implementation of digital twin
       technology, upgrades to data centers, servers, and networks, as well as the strengthening of cybersecurity through
       passwordless authentication, multi-factor authentication (MFA), and more reliable data backup solutions are the main
       focus. In addition, the Company has begun integrating generative AI and CoPilot to support helpdesk services, aimed
       at improving the efficiency and responsiveness of IT operations.




       Medium-Term Objectives

       Here, AKR’s IT strategy is developing a more integrated and adaptive digital workplace environment where initiatives
       focus on increasing process automation, optimizing operational efficiency, and leveraging AI technology in daily
       business activities. This includes the implementation of AI agents for various business functions, including sales and
       inventory management, the upgrade of core business applications, and the adoption of a mobile-first approach so
       that all business devices and applications can be accessed more flexibly and effectively.




       Long-Term Objectives

       For longer term plans, AKR is aiming for a comprehensive digital transformation through initiatives such as ONE Ops
       (One Operation), AI Ops based on artificial intelligence, and the development of AI agents. The Company also plans
       to integrate computer vision technology and the Industrial Internet of Things (IIoT) to minimize the potential for human
       error and optimize end-to-end business processes. Through the consolidation of various digital tools and platforms
       and the optimal utilization of AI technology, AKR aims to establish a fully integrated, digital, and efficient operational
       ecosystem.




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        Managing
        The Environmental Footprint
        [SEOJK F.30]



     With a business portfolio covering the trading and distribution       increasing climate change challenges, the Company also
     of fuel and basic chemicals, logistics services, manufacturing,       strengthens its adaptation and mitigation efforts through the
     and integrated industrial estate development, AKR monitors            implementation of environmentally responsible operational
     and mitigates environmental risks across its value chain.             practices. Initiatives are implemented in an integrated
                                                                           manner, and include biodiversity conservation, improved
     AKR manages environmental aspects responsibly, prioritizing           energy efficiency, the utilization of renewable energy, carbon
     the prevention and control of potential air, water, and noise         emission reduction, water conservation, and responsible
     pollution, as well as other environmental risks. In line with         waste management.




         Energy Management

     Amid increasing global attention to climate change, AKR               In calculating energy consumption, AKR applies a
     manages energy efficiently, protecting the environment                methodology based on fuel purchase data and electricity
     while strengthening operational resilience. Throughout, AKR           usage records obtained from utility bills and metering
     recorded total energy consumption of 710,368 Gigajoules               systems across all Company entities. Energy conversion
     (GJ) in 2025.                                                         factors refer to the IPCC Guidelines for National Greenhouse
                                                                           Gas Inventories (2006), as well as guidance from the World
     Energy consumption intensity was recorded at 0.17 GJ per Rp1          Resources Institute (WRI) and the World Business Council for
     million of gross profit, decreasing by 0.21 GJ per Rp1 million of     Sustainable Development (WBCSD).
     gross profit compared to the previous, driven by optimized
     fuel consumption and an increase in the Company’s gross               As part of its commitment to energy efficiency, AKR conducts
     profit in 2025. The utilization of renewable energy, however,         various energy-saving programs and initiatives, including:
     showed a positive trend, contributing 26% of the Company’s
     total internal energy consumption. AKR will continue to
     increase the share of renewable energy in supporting the
     operations of the Company and its subsidiaries.




                 AKR Receives Banjarmasin
                 Environmental Awards 2025

         AKR received recognition for its commitment and                 The award was presented during an official ceremony
         performance in environmental management with                    attended by the Deputy Mayor of Banjarmasin, Hj. Ananda,
         an award from the Banjarmasin government at the                 who emphasized the importance of consistency, innovation,
         Banjarmasin Environmental Awards (BEA) 2025.                    and cross-sector participation in maintaining environmental
         This annual event represents the highest form of                sustainability, particularly amid the challenges of climate
         appreciation for individuals, communities, and                  change and urban waste management. The Banjarmasin
         institutions considered to have actively contributed to         government also highlighted that the success of
         environmental preservation and the management of                environmental programs requires the involvement of all
         urban environmental issues.                                     stakeholders, ranging from households to the industrial
                                                                         sector, as well as the active participation of younger
                                                                         generations to ensure the sustainability of these efforts.




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                                                                                                                                                                          89




                           Use of LED Lighting                                                                 Installation of Solar Sensors


                         To date, LED lighting has been                                                           Solar sensors have been installed for
                         implemented across AKR offices, the                                                      lighting systems at the JTT site.




                                                                                                                                                                          Our Business Portfolio
                         SEZ JIIPE Gresik marketing office, bp-
                         AKR service stations, office buildings,
                         and terminals.


              Use of Inverters for Production Motors                                                             Utilization of Solar Panels


                         The use of inverters has been                                                            Solar panels are utilized at various
                         implemented for large-capacity                                                           locations to increase the share
                         production motors at ARUKI, among                                                        of renewable energy used in the
                         others.                                                                                  operations of AKR, SEZ JIIPE-BKMS, and
                                                                                                                  others.




    Total Energy Consumption and Energy Intensity
    [SEOJK F.6][SEOJK F.7][GRI 302-1][GRI 302-2][GRI 302-3]


  Energy Consumption                                                             2025                                    2024                      2023

  Non-Renewable Energy Consumption (GJ)

  Non-                    Fuel                                                414,489                                   474,617                  336,015
  Renewable
                          Gas                                                  38,366                                   31,337                    26,454
  Energy
  Sources                 Electricity                                         70,430                                    66,897                     48,276
  Total Non-Renewable Energy                                                 523,285                                 572,852                    410,746

  Renewable Energy Consumption (GJ)

  Renewable               Biofuel                                             185,367                                 154,637                     154,431
  Energy
  Sources                 Solar Panels                                            1,717                                   1,919                       1,881

  Total Renewable Energy                                                     187,083                                 156,557                    156,312
  Total Energy Consumption within
                                                                             710,368                                 729,409                    567,058
  the Organization
  Gross Profit (Rp million)                                             4,097,988.7                          3,509,035.93                   4,473,464.50
  Energy Intensity (GJ/Rp million)                                                 0.17                                    0.21                       0.13
Note: Renewable energy consumption figures have been revised to reflect additional solar panel installations in 2024.



Proportion of AKR’s Internal Energy Consumption                                         Energy Consumption Outside the Organization
in 2025 by Type of Energy Source
                                                                                           Type of Energy (GJ)                      2025      2024            2023

                                                                                           Electricity                            293,274   420,097       249,795
                                                                                        Note: Electricity sold to JIIPE tenants
                                                                  74%


     26%                                                                                    In line with these efforts, ARUKI has also improved
                                                                                            energy efficiency through the utilization of steam
                                                                                            generated from the off-gas of the Formalin Plant to
                                                                                            support Powder Plant operations since December
                                                                                            2023. This has enabled a significant reduction in diesel
                                                                                            fuel consumption while supporting more efficient and
                                                                                            environmentally responsible operations.
            Renewable energy                 Non-renewable energy




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                 JTT: Promoting
                 the Use of Clean Energy [GRI 302-4] [GRI 305-5]

          In 2025, JTT increased its utilization of Renewable          JTT’s participation in the REC program also reflects
          Energy Certificates (RECs) from PT PLN (Persero), with       its commitment to reducing carbon emissions and
          total electricity consumption reaching 2,275 MWh,            strengthening responsible energy practices. In 2025, REC
          up significantly from 757 MWh in 2024. This initiative       utilization contributed to emissions reductions of 1,750 MT
          ensures that electricity consumption is sourced from         CO₂e per year. This performance was maintained alongside
          renewable energy, supporting the transition toward           increased operational activity, demonstrating JTT’s ability to
          cleaner and more sustainable energy.                         manage environmental impact in line with business growth.




                 ARUKI: Optimizing Energy
                 Consumption through VAM Chillers

          ARUKI has implemented VAM (Vapor Absorption                  energy intensity. The implementation is being carried out in
          Machine) chillers that utilize thermal energy (steam) from   phases, with full replacement of electric chillers targeted
          formalin plant operations as a cooling source, replacing     by the end of 2025. This initiative reflects the Company’s
          conventional electric chillers. This approach improves       commitment to enhancing operational efficiency and
          energy efficiency by leveraging waste heat, reducing         advancing sustainability.
          electricity consumption and lowering operational




         Emission Control

     Greenhouse Gas (GHG) emission management is essential               Company manages other sources of air emissions arising from
     in climate change mitigation efforts, and AKR continues to          fuel usage in operational vehicles, generators, and business
     promote energy efficiency while advancing the process               transportation activities, including distribution using truck and
     of establishing an emissions baseline that will serve as the        vessel fleets.
     foundation for the Company’s net-zero strategy in the
     coming years.                                                       Emission calculations are based on internationally recognized
                                                                         methodologies and emission factors, including the IPCC
     GHG emissions calculated by AKR originate from fuel                 Guidelines for National Greenhouse Gas Inventories (2006),
     consumption and electricity usage, where fuel generates             Biograce, JEC Database, and Ecoinvent, to ensure the
     direct emissions (Scope 1), and electricity contributes to          reliability and consistency of reported data.
     indirect emissions (Scope 2 and Scope 3). In addition, the




          In line with national policy direction, AKR is committed
          to supporting the Government of Indonesia’s efforts to
          achieve the target of




          Net-Zero
          Emission
          By 2060




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    GHG Emission [SEOJK F.11] [GRI 305-1] [GRI 305-2] [GRI 305-3] [GRI 305-4]

  Subsidiaries                                       2025 (Ton CO2e)             2024 (Ton CO2e)                 2023 (Ton CO2e)                      Difference




                                                                                                                                                                          Our Business Portfolio
  SCOPE 1

  AKR                                                               90.22                     238.43                           615.95                        -62%
  ATI                                                            8,313.32                    8,313.71                        7,751.06                           0%
  AST                                                          22,979.83                   27,169.58                        16,031.85                         -15%
  JTT                                                                24.42                      22.08                             7.29                          11%
  BKMS                                                          2,326.86                    1,954.85                         1,633.42                          19%
  BMS                                                               46.38                      217.84                          257.76                         -79%
  APR                                                                  5.74                       4.54                                1.42                     26%
  DPR                                                                  5.10                       5.34                            2.28                         -4%
  ARUKI                                                              94.52                    206.64                           586.36                        -54%
  TOTAL SCOPE 1                                               33,886.40                   38,133.01                       26,887.40                           -11%

  SCOPE 2

  AKR                                                             7,330.11                   6,892.16                        6,231.87                           6%
  JTT                                                                      -                   797.21                           651.27                      -100%
  BMS                                                               391.18                     163.57                                   0                     139%
  APR                                                            5,469.19                    4,120.13                          865.88                          33%
  DPR                                                                39.58                      46.06                            44.91                        -14%
  ARUKI                                                         3,007.08                    3,443.42                         2,990.14                         -13%
  TOTAL SCOPE 2                                                 16,237.13                 15,462.55                       10,784.07                             5%
  SCOPE 3
  BKMS                                                         64,281.37                   91,637.34                       54,574.62                         -30%
  TOTAL SCOPE 3                                                64,281.37                  91,637.34                       54,574.62                          -30%
  TOTAL EMISSION                                             114,404.90                  145,232.91                       92,246.09                          -21%

Note: Emission factors use the KESDM 2021 standard, IPCC AR 5, and the GHG Grid Emission Factor for the Electricity System in 2019.




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         Emission Intensity [SEOJK F.11] [GRI 305-1] [GRI 305-2] [GRI 305-3] [GRI 305-4]

       Type of Emissions                                                              2025                                    2024                      2023

       Scope 1 Emissions (Ton CO2e)                                                 33,886                                   38,133                   26,887
       Scope 2 Emissions (Ton CO2e)                                                  16,237                                  15,463                    10,784
       Total Emissions Within the
       Organization                                                                 50,123                                  53,596                     37,671
       (Ton CO2e)
       Gross Profit
                                                                               4,097,989                               3,509,036                    4,473,464
       (Rp. Juta)
       Emission Intensity
       (Ton CO2e / Rp1 Million Gross                                                 0,012                                   0,015                     0,008
       Profit)
     Note: Emission factors use the KESDM 2021 standard, IPCC AR 5, and the GHG Grid Emission Factor (FW) for the Electricity System in 2019.



       Type of Emissions                                                              2025                                    2024                      2023

       Scope 3 Emissions (Ton CO2e)                                                 64,281                                   91,637                   54,575
     Note: Scope 3 emissions originate from electricity usage by tenants at SEZ JIIPE-BKMS.




               Carbon Emissions Proportion in 2025




                                                                  30%
                                                                                                            50,123 tonCO e                      2

                                                                                                         Total Emissions within the Organization
                                                                                                         (Scope 1 and Scope 2 GHG Emissions)




       56%                                                          14%
                                                                                                                       0.012
                                                                                                       tonCO2e/Rp1 Million Gross Profit
                                                                                                          GHG Emissions Intensity (Scope 1 & 2)
                 Scope 1            Scope 2           Scope 3


     In 2025, AKR recorded an emission intensity of 0.012 tons                                The decrease in energy consumption and emissions on the
     CO₂e per Rp1 million of gross profit. The decrease was                                   reporting year was primarily driven by lower natural gas use at
     influenced by optimized fuel consumption and the increase of                             BKMS power plants. This reflects shifting energy consumption
     gross profit during the reporting period. [SEOJK F.11]                                   patterns, as several JIIPE tenants transitioned to electricity
                                                                                              supplied by PLN to support their operations.




         Energy Transition and Emission Reduction Strategy

     As part of long-term emission control efforts, JIIPE-BKMS                                In addition to large-scale solar power development, JIIPE-
     is committed to gradually developing Solar Power Plants                                  BKMS also plans to install rooftop solar power systems
     (PLTS) through 2032. In 2022, the Company completed the                                  and floating solar farms to optimize the utilization of solar
     initial phase of construction with a capacity of 0.4 MWp. The                            energy. These initiatives not only contribute to reducing
     first phase of development is planned to have a capacity of                              carbon emissions but also improve energy efficiency within
     56 MWp, for which a feasibility study (FS) is currently being                            the industrial estate. Through the adoption of renewable
     prepared, and will be implemented in phases until a total                                energy technologies, JIIPE-BKMS supports national green
     capacity of 148 MWp is reached by 2032. This initiative aims to                          energy policies while advancing the development of a more
     support the transition to clean energy while reducing reliance                           environmentally responsible industrial estate.
     on fossil fuel sources in the industrial area.



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                                                                                                                                  93




      Emissions Reduction through




                                                                                                                                  Our Business Portfolio
      Fuel Consumption Optimization

  AKR-ATI implemented a Fuel Consumption Monitoring       Throughout 2025, the program delivered more consistent
  program to reduce greenhouse gas emissions from         fuel consumption control, improved fleet efficiency through
  non-renewable fuel use. The program focuses on          data-driven monitoring, and strengthened monitoring
  monitoring and controlling fuel consumption ratios      systems to support more energy-efficient and emission-
  across truck units, based on customer clusters and      focused decision-making.
  operational locations, enabling more efficient energy
  use and lower operational emissions.




 AKR’s Approach to Achieving Optimal Emission Intensity [SEOJK F.12]


            Scope 1                                   Scope 2                                   Scope 3
        Direct emissions                         Indirect emissions                        Indirect emissions

• The Company’s delivery fleet           • Use of more energy-efficient            Use of Dual Fuel technology at the
  is a primary focus in emission           LED lighting across several             JIIPE Power Plant, combining the
  control. GPS and Artificial              business units.                         use of natural gas and MFO.
  Intelligence (AI) technologies         • Provision of energy from solar
  are applied in route planning            panels at SEZ JIIPE Gresik.
  and scheduling to ensure fuel          • JTT participates in the
  efficiency.                              Renewable Energy Certificate
• The Company is also committed            (REC) program from PLN.
  to using biodiesel across all          • Electricity-saving campaigns
  land transportation fleets,              within the Company form part of
  in accordance with the                   internal policies implemented
  government policy implemented            across all employees and
  since 1 September 2018.                  operational areas.
• Use of Biodiesel B40
• Strict, tiered monitoring of fuel
  usage




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94




     AKR has identified that approximately 56.2% of the                   and Net Zero Emission targets, while also accelerating the
     Company’s total emissions originate from Scope 3 emissions,          transition toward a cleaner and lower-carbon energy system.
     which are associated with the electricity generated and sold         [SEOJK F.12]
     to tenants at JIIPE. Recognizing the significant contribution of
     these indirect emissions, AKR actively directs its mitigation        On the operational side, JTT has a nitrogen consumption
     strategy through continuous investment in new and renewable          reduction program at the Mogas Pit 2 Tank to improve
     energy infrastructure within the industrial estate.                  efficiency while reducing environmental impact. The program
                                                                          focuses on optimizing nitrogen usage, which was previously
     Various initiatives under development include the installation       required in large quantities to maintain tank stability and
     of rooftop solar panels, the development of floating solar           safety. Through the implementation of more precise control
     panels, and the Liquefied Natural Gas (LNG) project at JIIPE. All    and monitoring systems, JTT has successfully reduced
     forming part of support for the achievement of the Indonesian        nitrogen consumption without compromising operational
     government’s Nationally Determined Contribution (NDC)                safety standards.


         Carbon Monoxide (CO) and Nitrogen Oxides (NOx) Emissions [GRI 305-7]

     Logistics, transportation, and distribution activities generate      routine emission testing for all land transportation fleets,
     Carbon Monoxide (CO) and Nitrogen Oxides (NOx) emissions,            and compliance with applicable emission standards. These
     primarily from vehicles powered by internal combustion               inspections enable the Company to detect and address
     engines.                                                             potential emission issues early, while supporting continuous
                                                                          efforts to reduce air pollution.
     To mitigate the impact of air pollution, AKR has a series of
     control measures, including periodic vehicle maintenance
     programs to maintain combustion efficiency, mandatory




         Water Withdrawal and Conservation

     Water and effluent management form an integral part of the           megaliters, increasing in line with the growth of tenants in
     Company’s sustainability framework. AKR applies measured             the SEZ JIIPE Special Economic Zone and the expansion of
     water use controls and ensures wastewater is treated in              bp-AKR outlets. As of the end of the reporting period, no
     accordance with applicable standards across all operations,          water sources experienced significant disruption due to the
     minimizing environmental impact and safeguarding resource            Company’s water withdrawal or discharge activities.
     sustainability.
                                                                          As part of conservation efforts, AKR continues to develop
     Water usage is carefully recorded through various data               innovations and technology in water management
     sources, including PDAM meters, groundwater flow meters,             technology, including rainwater harvesting, water reuse, and
     and records of water volumes transported by trucks, before           the implementation of more efficient wastewater treatment
     the data is separated between operational and office                 technologies. This commitment is also reflected in the
     needs. In 2025, AKR recorded total water withdrawal of 1,252         application of the zero water runoff concept within SEZ JIIPE.




         Total Water Withdrawal [SEOJK F.8] [GRI 303-3]

       Source of Water Withdrawal (m³)                                   2025                       2024                        2023

       Groundwater                                                       11,258                        621                      4,002
       Surface water                                                     2,942                           -                     22,978
       Produced water                                                    3,659                       2,178                           -
       Water sourced from third parties                              1,233,947                   653,858                       466,711
       Total water withdrawal (m3)                                  1,251,806                    656,657                     493,690
     Note: 1 Megaliter = 1.000 m  3




     Sustainability Report 2025
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                                                                                                                                           95




 19,468.95 m                                               3




                                                                                                                                           Our Business Portfolio
 Recycled water
 Used by AKR, JTT, JIIPE-BKMS and ARUKI throughout 2025
 for operational activities.




AKR: Water Reuse and Rainwater Utilization for Operations

AKR applies sustainable water use through recycled water utilization across several operational sites, including Pontianak
and Bandung, by treating domestic wastewater for reuse. In Bitung, operations also utilize harvested rainwater stored in
tanks to support specific needs, including hydrant systems.

Water from facility activities such as prayer rooms, pantries, and toilets is further treated and reused for non-potable
purposes, including area irrigation and truck washing. This approach reflects the Company’s commitment to improving
water efficiency and optimizing resource use in a sustainable manner.




Rainwater Utilization for Operations at JTT

JTT operates a Rainwater Harvesting Facility in the workshop area to process rainwater into clean water that can be reused.
This system enables the collection, filtration, and storage of rainwater, thereby reducing dependence on conventional
water sources and supporting sustainable water-use efficiency.




JIIPE-BKMS: Optimization of Rainwater Management

JIIPE-BKMS has developed a 42-hectare rainwater retention pond to effectively manage rainwater runoff. This facility
functions to prevent flooding, maintain operational stability within the industrial estate, and provide water reserves that can
be reused for various industrial needs.




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                 BKMS: Optimizing Water Management through
                 Wastewater Treatment and SWRO Systems

          BKMS continues to strengthen water resource               The integrated system also enables the reuse of treated
          management through the operation of wastewater            water, supporting the implementation of circular economy
          treatment plants and seawater reverse osmosis (SWRO)      principles. In 2025, recycled water usage reached 8,109.0
          systems. These facilities ensure water quality meets      m³, primarily supporting non-production operational needs.
          applicable standards while supporting overall water       This initiative reduces dependence on raw water sources
          efficiency across operations.                             while helping preserve regional water sustainability.




         Wastewater Management [SEOJK F.13]

     AKR ensures that all wastewater management activities           covers chemical, biological, and physical parameters of
     comply with applicable government regulations and               water and wastewater, ensuring compliance with applicable
     industry standards. All operational facilities are equipped     environmental quality standards.
     with wastewater plant (WWTP) treatment systems (IPAL) to
     minimize potential impacts on aquatic environments. The         Wastewater monitoring at AKR includes the collection,
     Company also conducts routine inspections of pipelines          treatment, and verification of wastewater quality prior to
     and drainage systems to detect and promptly address any         discharge into water bodies. Routine monitoring is conducted
     potential leaks.                                                to ensure that wastewater meets environmental quality
                                                                     standards established by the government, in accordance with
     Wastewater quality is monitored regularly to ensure effluent    the industrial sectors in which AKR and its subsidiaries operate.
     discharge remains within established thresholds and does        All wastewater discharged into public water bodies complies
     not adversely impact surrounding water bodies. The program      with applicable environmental standards and is not reused by
                                                                     other parties. [GRI 303-1][GRI 303-2]




              APR
                                               ARUKI                             JTT                        JIIPE-BKMS
        (Retail bp-AKR)
       Wastewater is treated           Wastewater is treated          Wastewater is discharged          Wastewater is treated at
       using a bio septic tank         at the Company’s               to the industrial WWTP            an internal WWTP before
       and meets the quality           wastewater treatment           (TPI) and complies with           being discharged to the
       standards stipulated in         plant (WWTP) and               quality standards in              SIER WWTP, with plans to
       Minister of Environment         subsequently discharged        accordance with the               develop recycling through
       and Forestry Regulation         to the WWTP of PT SIER,        permit issued by the              Brackish Reverse Osmosis
       No. 68/2016. The                with quality standards         Ministry of Environment           (BWRO) technology.
       wastewater volume               in accordance with SIER        and Forestry (KLHK). After        Wastewater quality
       is measured using a             requirements. Wastewater       being processed by TPI            standards refer to East
       flowmeter installed at the      volume is calculated           and meeting the required          Java Governor Regulation
       bio tank outlet.                based on pollution load        quality standards, the            No. 72 of 2013.
                                       and the total monthly          wastewater is discharged
                                       water volume.                  into the environment.




                                                                            JIIPE-BKMS: Implementation of
           Sludge Drying Efficiency at ARUKI
                                                                            the Zero Liquid Waste Concept
         ARUKI improves sludge treatment efficiency by                   JIIPE-BKMS applies a zero liquid waste concept by
         replacing the solar-based drying method with a                  recycling all liquid waste into clean water that meets
         drying bed system. This method enables more optimal             quality standards for reuse. The recycled water is
         water separation, accelerates the drying process,               utilized for industrial processes, cooling systems, and
         and enhances circulation and oxygen levels within the           irrigation of green open spaces, thereby reducing
         WWTP.                                                           dependence on conventional water sources
                                                                         and minimizing liquid waste discharge into the
                                                                         environment.




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   Spill Management [SEOJK F.15]

All operational activities, including subsidiaries, are supported by comprehensive operational standards to prevent, mitigate, and




                                                                                                                                             Our Business Portfolio
respond to potential spills that may occur.




                  JTT                                           AST                                        ARUKI

  Effluent spill handling is carried out        Spill control efforts are                    Spill response is conducted
  in accordance with the provisions             implemented based on the                     promptly and responsively using
  of INA-VTJ-SHEP-019 Emergency                 Shipboard Oil Pollution Emergency            absorbent materials such as
  Preparedness and Response                     Plan (SOPEP). The Company                    sand and sawdust. In addition
  Plan. The implementation of this              consistently conducts strict                 to these corrective actions,
  procedure is supported by a series            monitoring of bunker activities              ARUKI continuously strengthens
  of preventive measures, including             and cargo loading operations.                preventive measures through the
  routine equipment inspections,                This oversight aims to ensure                implementation of strict standard
  monitoring of operational                     that all waste generated from                operating procedures, regular
  systems, as well as the readiness             vessels is properly controlled and           infrastructure maintenance, and
  of spill response equipment                   not discharged directly into the             routine inspections of piping
  and mechanisms to minimize                    sea, thereby protecting marine               installations and other supporting
  environmental impacts.                        conservation areas.                          facilities. [SEOJK F.14] [SEOJK F.15]



Based on the implementation of these various control and mitigation measures, throughout 2025 there were no significant spills
recorded across all AKR operational units. [SEOJK F.15]


   Solid Waste Management

In the management of both non-hazardous and hazardous               In addition to domestic waste, AKR also generates waste
waste (B3), AKR adopts the 3R (reduce, reuse, recycle)              categorized as hazardous waste, including used hazardous
principle and complies with applicable laws and regulations,        material packaging, used drums, used fluorescent lamps,
including Government Regulation No. 101 of 2014 concerning          used batteries and accumulators, used lubricating oil,
Hazardous Waste Management. This policy is aimed at                 contaminated wiping cloths, oily water, oil sludge, and used
preventing environmental pollution and protecting public            absorbent materials. All hazardous waste is managed in
health from the potential negative impacts of waste.                cooperation with officially licensed third parties, with a portion
                                                                    of the waste directed to processing facilities or final disposal
Waste includes domestic waste, rainwater runoff that passes         sites in accordance with applicable regulations.
through oil catchers in the filling station area, bund walls, and
workshops, as well as other operational waste classified            Waste collection and data recording are conducted through
as hazardous and non-hazardous waste. The Company’s                 the calculation of waste stored in the Temporary Storage
awareness of the potential environmental impacts arising            Facility (TSF) for hazardous waste, as well as based on manifest
from these activities has driven the implementation of a            documents from third parties as a form of waste control and
structured, effective, and responsible waste management             traceability.
system. [GRI 306-1]
                                                                    Throughout 2025, the total hazardous waste generated by
For domestic waste originating from water use, AKR ensures          AKR amounted to 2,331 tons, while non-hazardous waste
that the waste is first treated through a biotank before            reached 3.441,4 tons. The increase in waste volume compared
being discharged into water bodies. In its management, the          to the previous year was in line with the Company’s business
Company collaborates with licensed third parties to conduct         expansion, the addition of operational fleet units, and the
periodic waste collection and treatment in accordance with          growing number of tenants in the SEZ JIIPE industrial estate.
the agreed contractual provisions. [GRI 306-2]




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         Solid Waste Generated Based on Disposal Method
         [SEOJK F.13] [GRI 306-1] [GRI 306-3] [GRI 306-4] [GRI 306-5]


       Hazardous Waste (Ton)                                                2025                         2024                        2023

       Final Disposal Site                                                       -                           -                        83.2
       On-site Storage                                                       510.5                       137.5                            -
       Disposal and Management of Hazardous
                                                                           1,820.5                       926.2                       649.9
       Waste by Third Parties
       Total (ton)                                                         2,331.0                     1,063.7                       733.0




       Disposal Method
                                                                            2025                         2024                        2023
       Weight of Non-Hazardous Waste

       Reuse                                                                     -                           -                          1.0
       Recycling                                                               1.5                         2.5                          0.9
       Composting                                                                -                         0.1                         3.0
       Final Disposal Site                                                 3,393.3                    3,072.9                       1,536.3
       On-site Storage                                                           -                           -                         0.5
       Others (specify): Collected by PT SIER                                 46.6                           -                       275.3
       Total                                                               3,441.4                    3,075.5                       1,816.9

     As part of its commitment to responsible waste management,               Through this initiative, potential environmental impacts
     JTT has implemented an electronic waste (e-waste)                        arising from electronic waste are minimized while supporting
     management program in collaboration with the DKI Jakarta                 sustainable recycling practices. The e-waste program also
     Environmental Agency that focuses on collecting electronic               forms part of efforts to enhance employee awareness
     waste generated by employees to ensure that e-waste                      regarding the importance of waste management based on
     is managed properly and in accordance with applicable                    sustainability principles.
     regulations.


         Biodiversity [SEOJK F.9] [SEOJK F.10][GRI 304-1]

     AKR integrates the management of environmental                           In responding to the challenges of climate change, nature-
     aspects, including biodiversity protection, into the                     based solutions represent one of the relevant, adaptive, and
     Company’s operational systems. Through a structured                      impactful approaches. The utilization of natural ecosystems,
     and compliance-based approach, AKR implements                            particularly mangroves, serves as one manifestation of AKR’s
     initiatives aimed at maintaining ecosystem balance while                 commitment to integrating environmental considerations into
     minimizing environmental impacts in areas surrounding its                its business strategy. In addition to playing an important role
     operational sites.                                                       in protecting coastal ecosystems, mangroves also contribute
                                                                              to carbon absorption and storage, thereby holding potential
     AKR carries out tree planting programs at several operational            as a supporting pillar of the Company’s decarbonization
     locations, including JIIPE, JTT, ARUKI, as well as bp-AKR service        strategy. Going forward, these ecosystems may also open
     stations. In addition to contributing to carbon absorption,              opportunities for the development of blue carbon schemes as
     these activities also aim to increase oxygen production,                 part of long-term emission reduction efforts.
     prevent erosion, maintain soil fertility, and reduce air pollution.
                                                                              In line with this, AKR continuously implements coastal greening
     As of the end of 2025, none of AKR’s operational locations are           programs across various operational areas and subsidiaries
     located within or directly adjacent to protected areas or areas          through the planting of mangroves and other vegetation with
     with high biodiversity value outside protected forest areas.             high carbon absorption capacity. This initiative forms part of
                                                                              the Company’s efforts to explore and optimize the potential
                                                                              of nature-based solutions to support environmental resilience
                                                                              while fostering AKR’s sustainable business growth in the
                                                                              future.




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                                                                                                                                        99




        Planting of 1,000 Mangroves




                                                                                                                                        Our Business Portfolio
        in Commemoration of World Environment Day 2025

    In commemoration of World Environment Day 2025,              Through this initiative, AKR contributes to efforts to
    AKR Stagen collaborated with PT Pelindo Kotabaru to          rehabilitate coastal areas and enhance the ecological
    carry out the planting of 1,000 mangrove seedlings           functions of mangroves, while also encouraging greater
    in the jetty area of PT AKR Corporindo – Stagen. This        awareness and participation among younger generations
    activity adopted the theme “Beat Plastic Pollution”          regarding environmental issues. This activity forms part
    and formed part of the Company’s commitment to               of the Company’s ongoing efforts to create a positive
    supporting coastal ecosystem conservation as well as         environmental impact and support the sustainability
    climate change mitigation efforts.                           of ecosystems and the quality of life of communities in
                                                                 the future.
    The mangrove planting program was implemented
    with the involvement of various stakeholders, including
    students from SMK Negeri II Kotabaru and SMADA
    Kotabaru, students from Politeknik Kotabaru, as well
    as representatives from the Environmental Agency of
    Kotabaru Regency. In total, the activity was attended
    by approximately 200 participants, reflecting a spirit
    of cross-sector and intergenerational collaboration in
    maintaining environmental sustainability.




        JTT: Biodiversity Training
        in Operational Areas

    JTT conducted biodiversity management training across
    its terminal operations in collaboration with Biodiversity
    Consultant Service (BCS), reinforcing its commitment to
    environmental stewardship. The program strengthens
    employee awareness of biodiversity protection
    and builds capacity for responsible environmental
    management.

    Participants   gained  practical   knowledge     on
    monitoring approaches and a clear understanding
    of potential environmental impacts if management
    is not properly implemented. The initiative supports
    more environmentally responsible operations while
    safeguarding surrounding ecosystems over the long
    term.




   Environmental Compliance [SEOJK F.16] [GRI 2-27]

AKR ensures that all operational activities are carried           The Company actively monitors and adapts to any changes
out in accordance with applicable environmental laws              in environmental regulations that may affect its business
and regulations. Such compliance is supported by the              activities. Throughout 2025, AKR successfully conducted all
implementation of standardized and measurable operational         operational activities without being subject to any sanctions
practices to maintain accountability and business                 or fines related to environmental violations.
sustainability.



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          Environmental Management Funds [SEOJK F.4]

      AKR’s environmental management funds support various activities, including environmental permitting, environmental quality
      monitoring, environmental campaigns, waste management, as well as employee training related to environmental aspects. All of
      these activities form an integral part of efforts to support sustainable operations.

      In 2025, AKR allocated and realized environmental management funds totaling Rp9,089 billion.




        Category of Environmental Management Funds                                                                         2025 (Rp)

        Permits                                                                                                    4,083,290,500
        Monitoring                                                                                                   2,179,081,265
        Environmental Campaigns                                                                                       64,600,000
        Waste Management                                                                                             1,012,838,640
        Training                                                                                                          341,473,296
        Others                                                                                                      1,408,290,644
        Total                                                                                                       9,089,574,345




                           15%

                                                                                                Monitoring
                4%
                                                                                                Permits

             11%                                                                45%             Others

                                                                                                Training

                                                                                                Waste Management
              1%
                                                                                                Environmental Campaigns


                   24%




      Sustainability Report 2025
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                             101




                             Our Business Portfolio




Sustainability Report 2025
Page 104
             04
Our People
Page 105

          
Page 106
104




                                                       AKR manages its human capital through a structured
                                                       approach, with a focus on competency development and
                                                       the implementation of occupational safety standards.
                                                       This approach ensures workforce readiness to consistently
                                                       support operational needs, while maintaining a professional,
                                                       inclusive, and productive working environment.




         Human Capital
         as the Foundation of Operational
         Excellence and Business Resilience
      Human capital is a critical driver of operational excellence,      challenges, human capital aspects are integrated into the
      maintaining safety standards, and creating long-term value at      enterprise risk management process, enabling risks to be
      AKR. As a company operating in logistics, energy distribution,     identified, monitored, and mitigated in alignment line with
      and industrial estates, AKR recognizes that its workforce          business priorities.
      serves not only as operational executors, but also as a critical
      element in ensuring business resilience.                           AKR’s human capital management approach focuses on
                                                                         three key areas: strengthening safety culture, enhancing
      AKR’s operations involve safety-critical activities, complex       capabilities through continuous learning and development,
      logistics networks, and assets spread across multiple              and reinforcing organizational resilience through structured
      regions. In this context, workforce capability, safety             policies and governance. This includes the implementation
      awareness, and operational discipline have a direct impact         of occupational health and safety management systems,
      on service reliability, incident prevention, and the continuity    training and certification programs, as well as initiatives
      of operations. Accordingly, human capital management is            aimed at increasing employee awareness, engagement, and
      positioned as a strategic priority and is integrated into the      accountability. [GRI 3-3]
      Company’s risk management and sustainability framework.
                                                                         In addition, the Company continues to strengthen workforce
      From a risk management, AKR acknowledges that workforce-           governance practices, including policies related to
      related factors can affect operational continuity and financial    diversity and equal opportunity, employee well-being, and
      performance. These risks include occupational safety               performance management. These efforts aim to build a
      incidents, challenges in talent acquisition and retention,         workforce that is productive, inclusive, and resilient, while
      as well as competency gaps in operational and technical            aligning with AKR’s long-term growth strategy.
      functions, particularly amid increasing digitalization and
      evolving regulatory requirements. To address these                 Through this integrated approach, AKR seeks to ensure that
                                                                         its people remain competent, adaptive, and ready to support
                                                                         sustainable growth, while upholding high safety standards,
                                                                         operational excellence, and service reliability.




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                                  The Role of Human Capital
                                  in Business Sustainability
                            Human capital is a key factor in maintaining operational performance, safety standards,




                                                                                                                                                              Our People
                                                   and the creation of AKR’s long-term value.


                                                                      Key Human Capital Risks

                                                                      •    Workplace safety incidents
                                                                      •    Talent retention and availability
                                                                      •    Competency gaps

                                                                      Managed through:
                                                                      • Safety systems
                                                                      • Continuous training
                                                                      • Human capital governance




                                                                                                          Human Capital Governance &
   Operational Safety & Discipline                    Workforce Capability & Readiness
                                                                                                          Sustainability

   •   Workforce management in high-risk              •   Technical and digital competency                •    Diversity and equal opportunity
       activities                                         programs                                        •    Employee well-being
   •   Incident prevention and risk control           •   Leadership development                          •    Compliance with laws and regulations
   •   Compliance with operational
       standards


                                                                                                               Impact: Sustaining organizational
                               Impact: Sustaining operational continuity
                                                                                                                          resilience
Aligned with: GRI | SASB | IFRS:S1 | SDGS




    Employment                                                                                                        2,474
    Practices                                                                                                  Total AKR employees in 2025



AKR implements responsible employment practices to                             As of 31 December 2025, the Company and its subsidiaries
create a safe, fair, and productive working environment                        employed 2,474 employees, consisting of 2,137 permanent
through policies that are applied transparently. The Company                   and 337 temporary. To date, the Company does not
manages employment matters based on strategies and                             implement part-time employment schemes, as all AKR
policies aligned with applicable laws and labor principles.                    employees work under full-time arrangements, in line with the
Through this approach, AKR ensures that all employees have                     operational characteristics of the business, which require high
equal rights and opportunities, without discrimination.                        presence and responsiveness in the field. Details of employee
                                                                               composition by gender, education level, age, and job position
AKR also strives to maintain harmonious industrial relations                   are presented in the AKR Annual Report on page 156. [GRI 2-7]
to support business stability and continuity. The Company’s
industrial relations framework is built on mutual respect,                     The proportion of outsourced workers at AKR in 2025 was
openness, and compliance with labor regulations. AKR                           recorded at 21.6% of the total workforce. These workers
prioritizes two-way communication and continuous                               are strategically allocated to support operational functions
engagement with employees, particularly in addressing                          in the field, including the management of bp AKR fuel retail
workplace issues. This dialogue is expected to foster a                        outlets. This approach enables the Company to maintain
conducive and supportive work environment aligned with the                     operational flexibility, while ensuring that core and strategic
Company’s sustainability objectives.                                           functions remain managed by permanent AKR employees,
                                                                               in line with responsible workforce governance practices. All
                                                                               human resources practices are also designed to comply with
                                                                               applicable laws and regulations. [GRI 2-8]




                                                                                                                                 Sustainability Report 2025
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106




      Total AKR Employees by Employment Status and Gender [SEOJK C.3][GRI 2-7]

                                                         2025                                         2024                                  2023
               Description
                                             Male                 Female                  Male               Female                Male             Female

        Permanent                                 1,853                    284               1,809                    291              1,902                 274

        Temporary                                   325                      12                  344                   8                   492               145

        Total                                     2,178                    296               2,153                299                 2,394                  419




      Total Number of Employees by Employment Contract (Permanent and Temporary), by Region [GRI 2-7]

            AKR and                                      2025                                         2024                                  2023
          Subsidiaries
         Operational Area              Permanent              Temporary              Permanent           Temporary              Permanent        Temporary

        Java                                    1,399                       124             1,381                 152                1355                  625

        Sumatra                                   153                         4              157                       4              161                      3

        Kalimantan                                356                        14              365                       9              385                      4

        Bali                                        24                        2                  24                    2               27                      1

        Sulawesi                                  201                         6              169                       3               77                      2

        Ship Crew                                    4                      187                   4               182                 171                      2

        Total                                   2,137                      337             2,100                  352               2,176                  637




      Total Employees by Employment Level and Age in 2025

                                     Entry-level                   Mid-level                Senior-level          Executive-level            Total Employees
          Age in 2025
                                   Male        Female           Male        Female        Male         Female     Male           Female      Male       Female

        18-25                           75            13             16              4            1           -             -          -           92        17
        25-35                         569             60           181             40             4           2             -          -         754       102
        35-45                         569             38           219             56            22          13             6         1          816       108
        45-55                         261             13           121             33            34          10         16            2          432         56
        >55                             30               2           26              6           12           1         16            4          84          13
      Details:
      •     Executive-level: BoD (Board of Directors), Dir (Director)
      •     Senior-level: GM (General Manager), SM (Senior Manager)
      •     Mid-level: MA (Manager Assistant), AM (Assistant Manager), SPV (Supervisor)
      •     Entry-level: Staff, Operative



      Equal opportunities are provided for all employees to develop                        in the role. This is to ensure that the selected candidate is
      their careers based on their capabilities and performance,                           suitable and capable of successfully carrying out their duties
      facilitated both vertically (through advancement to higher job                       in the future.
      levels) and horizontally (through expanded responsibilities,
      such as transfers from smaller to larger branches). Fit and                          The career development process is carried out transparently
      proper tests, with senior management serving as assessors.                           and objectively through Performance Evaluation, which
                                                                                           focuses on the achievement of each individual’s Key
      To fill the vacant position, selection is conducted                                  Performance Indicator (KPI) targets ensuring all employees
      through presentations by the candidates regarding their                              continue developing to attain higher positions based on their
      understanding of the duties and responsibilities of the                              competencies and contributions.
      targeted position, as well as their work plans to succeed




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   Implementing Corporate Values

AKR ensures that corporate values serve as the primary               In 2025, AKR focused on communicating corporate
guideline for all employees in carrying out operational and          values through newsletters, employee activities, and
business activities. Through the consistent implementation           training programs. Operational training to build a zero-




                                                                                                                                             Our People
of these values, the Company aims to build a work                    tolerance culture—reducing safety risks and creating a
environment and culture that are aligned, collaborative, and         work environment free from intimidation, harassment, and
performance-driven.                                                  bullying—remained a top priority.




   Anti-Forced Labour Policy [SEOJK F.19] [GRI 409-1]

AKR implements an anti-forced labor policy as part of                labor. Employment relationships between the Company and
its commitment to upholding human rights in workforce                its employees are governed by mutually agreed contracts,
management. The policy is guided by Law No. 13 of 2003 on            implemented in a fair and transparent manner. Through this
Manpower and the ILO Convention of 1957 on the Abolition of          policy, AKR aims to create a safe, trustworthy, and sustainable
Forced Labor. The Company ensures that all employees work            working environment.
voluntarily, without coercion, threats, or any form of forced




   Respect for Human Rights [SEOJK F.18] [GRI 406-1]

Human rights values are a core standard in the Company’s             4. All employees are treated fairly, and equal opportunities
operational activities and business decision-making, where              and treatment are ensured. A strict and consistent non-
policies and strategies are implemented with reference to               discrimination principle (covering gender, age, ethnicity,
applicable legal requirements and recognised human rights               race, religion, social group, marital status, disability, and
principles.                                                             social class or position) is applied in recruitment and human
                                                                        resource management processes.
Rules and policies are based on:                                     5. Underage employment, forced labour, and human
1. The Universal Declaration of Human Rights of the United              trafficking are prohibited, and safe and healthy working
   Nations;                                                             conditions are ensured.
2. The Fundamental Principles and Rights at Work as set out          6. No differentiation in wages is made based on gender.
   in the eight core conventions of the International Labour         7. Opportunities are provided for high-performing
   Organization (ILO);                                                  employees to be rotated to other functions or promoted to
3. Law No. 39 of 1999 concerning Human Rights; and                      higher positions.
4. The United Nations Guiding Principles on Business and             8. A workplace free from harassment, intimidation, inhumane
   Human Rights (UNGP) and the United Nations Global                    treatment, or other legally protected forms of misconduct
   Compact (UNGC).                                                      is fostered and maintained.
                                                                     9. The rights of communities surrounding the Company’s
The policies are applied comprehensively across AKR,                    operational areas that may be affected by business
including its subsidiaries, to ensure that all business activities      activities are respected, including recognition of
consistently prioritise human rights principles.                        community identity, cultural diversity, differing needs and
                                                                        aspirations, and distinct social customs and practices.
A strict non-discrimination principle has been implemented
in human resource management, reflected in the following             Responsibility for addressing human rights issues is shared
practices:                                                           across all levels of the AKR organisation. At the same time,
1. Freedom is provided for all employees to express opinions         cooperation is undertaken with stakeholders to implement
   and suggestions, both individually and collectively.              this policy in operational activities and to advance appropriate
2. Channels are provided for submitting complaints related to        standards that support positive improvements in human rights
   violations or incidents in the workplace.                         practices.
3. Business operations are conducted with respect for human
   rights and human dignity in accordance with applicable
   legal requirements.




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108




          Ensuring Freedom of Association [GRI 2-30]

      AKR recognizes freedom of association as an essential              Meanwhile, for business units that do not yet have labor
      element of sustainable workforce management. The                   unions, the Company provides various internal mechanisms,
      Company ensures an inclusive, transparent, and fair                communication channels, and engagement activities that
      working environment through clearly defined employment             enable employees to openly express their views, aspirations,
      arrangements. AKR’s commitment is implemented through              and feedback. This approach ensures that all employees have
      regulatory compliance mechanisms under applicable law.             access to constructive and responsible dialogue.
      For subsidiaries that have a labour union, a Collective Labour
      Agreement (CLA) is established. For subsidiaries without a         In 2025, there were no reports or incidents related to freedom
      labour union, employee rights and obligations are governed         of association and expression recorded within the Company.
      by Company Regulations (PP). This framework supports stable
      industrial relations and minimizes long-term labour risks.




          Occupational Health
          and Safety (OHS)
          [SEOJK F.21]



      Occupational Health and Safety (OHS) is fundamental in             3. Performance measurement, periodic reviews, and
      maintaining operational sustainability and business reliability,      continuous improvements are conducted in occupational
      where a safe and healthy work environment contributes                 safety and health, operational safety, and environmental
      directly to productivity and business continuity. Based on            management.
      this understanding, OHS is managed to minimise workplace           4. Responsible and sustainable waste management is
      risks while generating tangible benefits for employees and            prioritised in accordance with applicable regulations.
      operations.                                                        5. Efforts are undertaken to reduce greenhouse gas
                                                                            emissions and improve energy efficiency across all
      The Company’s commitment to sustainable OHS management                operational aspects.
      is demonstrated through systems and procedures that refer          6. Innovation and research are encouraged in the
      to applicable regulations and internal standards, through             development of more environmentally friendly products,
      risk identification, hazard control, provision of safe working        services, and processes.
      facilities, and enhancement of employee awareness and              7. Open and transparent communication and consultation
      compliance. Periodic monitoring and evaluation ensure                 regarding environmental policies are carried out with
      proper implementation and effectiveness.                              stakeholders, including regulators, employees, customers,
                                                                            business partners, and other relevant parties.
      Standards of Safety, Health, and Environment (SHE) are
      actively strengthened, ensuring that safety and health remain      This policy applies to all employees and entities of the
      top priorities, with continuous improvements from the              Company and constitutes a shared responsibility among
      following efforts:                                                 stakeholders. Implementation is coordinated, reviewed, and
      1. Compliance is maintained with all applicable regulations        evaluated by the ESG Committee and reported to the Board
          related to occupational safety and health, operational         of Directors, the Board of Commissioners, and stakeholders
          safety, and environmental management relevant to the           through the AKR Sustainability Report.
          Company’s business, with proactive measures taken to
          exceed minimum requirements.                                   The highest standards in OHS are pursued, with the long-term
      2. Environmental risks associated with operations are              objective of achieving zero fatalities, and a strong OHS culture
          identified, evaluated, and managed, and comprehensive          enhances productivity, performance, and overall business
          emergency response plans are prepared to control               success.
          and prevent incidents or accidents involving hazardous
          materials.




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                                                                                                                                       109




An optimal work environment supports employees and               OHS programmes and strategies are implemented in
business partners in performing their duties safely and          accordance with applicable laws and are incorporated into
comfortably, and all Company facilities, including tank          nationally and internationally recognised OHS management
terminals, ports, jetties, trucks, tankers, barges, and          systems guided, among others, by the following regulations:
manufacturing facilities, comply with government safety          [GRI 403-1]
standards and environmental regulations. [GRI 3-3]               1. Law No. 1 of 1970 concerning Work Safety




                                                                                                                                       Our People
                                                                 2. Law No. 23 of 1992 concerning Health
                                                                 3. Law No. 13 of 2003 concerning Manpower




   Occupational Health and Safety Management System [GRI 403-1]

To create a sustainable, safe, healthy, and accident-free        SMK3 covers various operational aspects, including
working environment, the Company’s Occupational Health           transportation and travel activities and applies to all
and Safety Management System (SMK3) is the primary               individuals, from employees to contractor personnel.
framework for the management of workplace risks, enabling        The Company is also responsible for contractor activities
the prevention of various potential workplace accidents.         conducted outside its operational areas.

The system is based on workplace risk identification and is      Compliance with OHS standards involves periodic audits
periodically reviewed and audited to ensure compliance with      involving all employees, including contractors. Audits
standards and best practices at both national and global         are conducted both internally and externally on contract
levels, consisting of a hierarchy of policies, plans, Standard   workers and contractors who fall within the scope of the OHS
Operating Procedures (SOPs), and various programs,               management system.
all of which are designed and implemented through the
Hazard Identification, Risk Assessment, and Risk Control         To measure and achieve the success, a “Six Zeroes” target
(HIRADC) method.                                                 policy has been established for OHS across the Company, as
                                                                 follows:
SMK3 is implemented in accordance with applicable laws and
regulations, namely:
• Law No. 13 of 2003 concerning Manpower;
• Government Regulation No. 50 of 2012 concerning
   the Occupational Health and Safety Management
   System (SMK3);
• Standards and criteria from various environmental health
   and safety certification bodies, including ISO 14001 and
   ISO 45001.




  Zero Fatality                               Zero Lost Time Injury                     Zero Cross Over

  Preventing accidents that result in         Preventing workplace accidents            Preventing customer orders from
  loss of life.                               that result in lost time.                 being exchanged or mixed.




  Zero Product Quality Problems               Zero Spillage                             Zero Potential Fatality Accident

  Preventing issues that cause a              Preventing product spillage during        Preventing potential fatal
  decline in product quality.                 loading and unloading.                    workplace accidents in the field.




                                                                                                          Sustainability Report 2025
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110




          Occupational Hazard Risk Assessment [GRI 403-2]

      A systematic approach identifies and manages OHS risks,          the development of work programs and standards, and
      with risk assessments carried out in accordance with SOPs        is incorporated into the monitoring and evaluation of the
      aligned with ISO 45001 standards, which serve as the primary     Company’s progress and performance.
      reference for occupational safety implementation and are
      periodically reviewed to ensure their continued relevance        HIRADC documents are reviewed again in the event of
      to operational conditions. The implementation of and             organizational changes, incidents, or specific emergency
      compliance with OHS SOPs are shared responsibilities of all      conditions. Successfully identified hazard risks constituted
      stakeholders.                                                    the main focus of the 2025 OHS program, including:
                                                                       1. Electric shocks;
      In conducting risk assessments, the Company applies the          2. Contact with machinery during maintenance;
      Hazard Identification, Risk Assessment and Determining           3. Falls from working at height or slipping;
      Controls (HIRADC) method, as well as the Job Safety Analysis     4. Chemical spills and splashes;
      (JSA) process. The steps undertaken include:                     5. Burns;
      • Identifying activities and associated risks;                   6. Accidents during the delivery of materials and products;
      • Defining and categorizing hazards;                             7. Cuts;
      • Assessing risks;                                               8. Heat stroke;
      • Developing risk controls;                                      9. Traffic accidents.
      • Measuring risk levels after controls have been
         implemented.                                                  A Zero Tolerance principle is applied by AKR in all aspects of
                                                                       OHS practices, with five aspects embedded, namely:
      OHS risk assessments are conducted by supervisors in each        1. Enforcement of discipline;
      respective work area. These supervisors have undergone           2. Developing personal improvement plans;
      HIRADC training and are therefore familiar with applicable       3. Thorough understanding of SOPs;
      standards. The OHS risk assessment process is supported by       4. Consistent pursuit of targets;
      the HSE Department, which possesses expertise in OHS and         5. Continuous willingness to learn.
      its risk management.
                                                                       Through the implementation of the Zero Tolerance policy, it
      The results of AKR’s OHS risk assessments (HIRADC) are           is ensured that every individual within the workplace bears
      reviewed and subsequently approved by top management             responsibility for complying with rules and maintaining
      at each subsidiary or business unit. HIRADC documentation        collective safety.
      forms the basis for identifying OHS control actions, including




          Health Service Facilities [GRI 403-3]

      Adequate occupational health services are part of efforts to safeguard employee safety and well-being. For example, clinic
      facilities are provided in each operational area and are supported by competent healthcare personnel, and regular medical
      check-ups are conducted to monitor employee fitness and occupational health conditions. These services contribute to the
      prevention of workplace accidents and the mitigation of risks related to occupational diseases.




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   Person-in-Charge for Occupational Health and Safety [GRI 403-4]

Departments or designated persons-in-charge (PICs)                   Each AKR employee is expected to escalate to their
are assigned by AKR in each operational area to supervise            supervisor any activities or conditions that may pose safety
and ensure that OHS is implemented consistently and in               risks. At the branch level, the SHE team evaluates risks




                                                                                                                                                 Our People
accordance with applicable regulations.                              arising from violations of SOPs and Work Instructions (WI)
                                                                     and determines the necessary control measures based on
Within the JTT and ARUKI subsidiaries, formal Occupational           HIRADC. Risk reduction efforts are carried out systematically
Health and Safety Committees (P2K3) have been established            until an acceptable level of risk is achieved through the
in compliance with prevailing laws and regulations. In other         implementation of the following five levels of the hierarchy of
AKR subsidiaries, dedicated SHE or OHS departments are in            risk controls:
place, with the PIC responsible for ensuring that all employees
and contractors working within operational areas are
protected under the OHS management system.


                                          5 Hierarchies of OHS Risk Control

                                                         Elimination
                                                    Elimination of Hazard Sources



                                                        Substitution
                                                     Substitution of Equipment/
                                                        Machinery/Materials


                                                  Engineering Controls
                                                    Modification/Design of Safer
                                                     Equipment, Machinery, or
                                                            Workplaces

                                                       Administration
                                                  Procedures, Rules, Training, Work
                                                  Duration, Hazard Signs, Signage,


                                                                                                       Protection
                       Reliability




                                                          Posters, Labels



                                                               APD




   Occupational Health and Safety Training [GRI 403-5]

Structured OHS training programs equip employees with                In 2025, AKR conducted the following OHS training programs:
the knowledge and capabilities required to identify and              • Chemical hazard management
prevent potential hazards within the work environment. This          • OHS awareness programs
capacity building is designed to safeguard each individual           • Workplace environmental health
while supporting the Company’s long-term operational                 • Chemical safety officer training
sustainability.                                                      • PPE usage and hazardous waste handling
                                                                     • Fire drills
OHS training implementation at AKR involves competent                • Emergency response simulations
internal and external experts. Training programs are divided         • Oil spill response drills
into several categories, including general safety training that
is mandatory for all employees and specialized safety training
tailored to specific occupational hazards and job-related
risks. For certification purposes, the Company collaborates
with accredited external institutions and trainers, and all OHS
training programs are continuously evaluated and developed
by professional teams to enhance effectiveness and working
standards.




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112




          Promoting a Healthy Lifestyle [GRI 403-6]

      A commitment is maintained by AKR to promote a healthy lifestyle among employees in order to enhance health and work
      productivity through various programs and facilities.

      Activities implemented in 2025 include:
      • Periodic health examinations or medical check-ups (MCU);
      • Healthy Talk sessions.




                                                         Rp    902               Million


                                                The Company’s investment in medical check-ups
                                                         (MCU) for employee health




                 Promoting                                                 minimum of 5 km per week in 2025. This adjustment is
                                                                           intended to improve consistency, support sustainable
                 a Healthy Lifestyle                                       exercise habits, and better integrate physical activity into
                                                                           daily routines.
            The Company promotes a healthy lifestyle through the bp
            AKR Healthy program, integrated with digital platforms
            such as STRAVA. The program encourages employees
            to stay active, track physical activity, and build a culture
            of health and well-being in the workplace. This initiative
            supports employee well-being while reinforcing
            sustainable productivity.

            As part of its implementation, the Company sets
            measurable activity targets: a minimum of 10 km every
            two weeks for the 2023-2024 period, adjusted to a




                 Medical Check-Up (MCU) Program:
                 Maintaining Employee Health and Productivity

            As part of its commitment to employee well-being, ARUKI        The MCU serves as a preventive measure to identify
            conducted a Medical Check-Up (MCU) program for all             potential health risks at an early stage, enabling timely
            employees on December 16-17, 2025. The program is              and appropriate follow-up actions. This initiative supports
            designed to monitor employee health on a regular basis.        the Company’s commitment to maintaining a healthy and
                                                                           safe working environment.




          Prevention and Mitigation of Occupational Health and Safety Impacts [GRI 403-7]
      AKR’s structured prevention strategy controls and minimizes impacts related to OHS, with periodic assessments of potential
      hazards and risks reducing the likelihood of workplace accidents and operational incidents. All subsidiaries conduct OHS incident
      monitoring, covering information on incident occurrences, root causes, corrective actions, and follow-ups on corrective actions.




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      The Heart and Mind Program:
      Strengthening Employee Care and Engagement

As part of its commitment to fostering a supportive and




                                                                                                                                                               Our People
inclusive work culture, AKR regularly conducts the Heart
and Mind program across its operational branches. The
program is implemented through direct engagement with
employees—including operators, drivers, and support
staff—as a form of care, connection, and relationship
building between the Company, employees, and their
families.

Through a more personal approach, these activities extend
beyond communication and camaraderie. They serve to
provide moral support, reinforce awareness of occupational
health and safety, and encourage family involvement
in supporting employee performance. Consistent
implementation across regions such as Pontianak,
Lampung, Semarang, Surabaya, and Banjarmasin reflects
AKR’s commitment to building a caring, harmonious, and
sustainable work environment.




    Workers Covered by the Occupational Health and Safety Management System
    [GRI 403-8]

The implementation of AKR’s Occupational Health and Safety Management System applies to all personnel within the Company’s
operational environment, including permanent employees, contract employees, and third parties involved in the Company’s
operations. All individuals are provided with equal standards of occupational health and safety protection. Contractors are also
required to implement safe work practices, comply with applicable OHS regulations, and report any potential safety hazards or
unsafe working conditions.


    Occupational Health and Safety Performance [GRI 403-9]

Effective implementation of the OHS management system resulted in strong performance achievements in 2025. With a focus on
preventing workplace accidents and occupational diseases, AKR recorded the following performance:




    Zero Fatalities                                        0.22                                 -86%                              4.31%
 Employees and Contractors                        TRIR (Employees)                             Incidents                Total Employee Work Hours
  for two consecutive years                      Decreased from 2024                     Employee Fatal Incidents       from 10.6 million to 11 million
        (2024–2025)                                                                           from 15 to 2                         hours


  Indicators                                                                      2025                                        2024

                                                                Employees                 Contractors          Employees             Contractors

  Fatality Rate (FR)**                                                           0                      0                    0                          *
  TRIR (Second Degree Fatality)**                                              0.22                  0.36                 0.28                          *
  Fatal Incidents                                                                0                      0                     0                         *
  Major Incidents                                                                2                      0                   15                          *
  Total Work Hours                                                    11,030,130                1,653,034           10,574,041                          *
Note:
*Fatality Rate is defined as the number of fatalities per 200,000 work hours
**TRIR is defined as the number of cases per 200,000 work hours




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            AKR Receives National Recognition
            for OHS Performance from the Ministry
            of Energy and Mineral Resources

      In 2025, AKR together with two of its subsidiaries, BP-AKR
      and JTT, received three Oil and Gas Safety Awards, namely
      the “Patra Nirbhaya Karya Utama” and “Patra Nirbhaya Karya
      Madya,” presented by the Ministry of Energy and Mineral
      Resources.

      AKR received the Patra Nirbhaya Karya Utama award
      for successfully maintaining operational performance                These awards reflect AKR’s commitment to the effective
      without any lost working hours due to accidents (zero lost          and consistent implementation of its Occupational
      time injuries) during the period from 1 January 2018 to 30          Health and Safety management system, as well as the
      April 2025. BP-AKR, AKR’s subsidiary operating in energy            safety culture applied across all operational lines. This
      distribution and terminal services, obtained a similar award,       achievement also demonstrates that the Company’s
      while JTT received the Patra Nirbhaya Karya Madya award             workforce management practices not only comply with
      for the implementation of an excellent, consistent, and             technical regulations but also deliver positive impacts on
      sustainable safety management system.                               employee protection and overall operational reliability.




          Occupational Diseases [GRI 403-10]

      AKR is committed to implementing comprehensive                      •   Cephalgia/Vertigo;
      occupational health and safety standards to prevent work-           •   Hypertension;
      related illnesses. Throughout 2025, the Company recorded            •   Gastroenteritis;
      zero cases of occupational diseases.                                •   Myalgia;
                                                                          •   Pneumonia/Pulmonary diseases;
      AKR has identified the primary occupational diseases (ODs) of       •   Contact dermatitis;
      concern to the Company, namely:                                     •   Musculoskeletal disorders.




         Diversity, Inclusion
         and Employee Engagement
      A working environment that upholds the value of diversity           for differences in gender, background, and perspectives is
      forms the foundation for an inclusive culture and supports          promoted in order to strengthen both individual and team
      the Company’s sustainable performance. An open working              performance, with the commitment to inclusiveness reflected
      environment is fostered that values diversity as an integral part   in policies that encourage diversity in composition based on
      of corporate culture. Where all employees are provided with         gender, educational background, and age group. [SEOJK F.18]
      equal opportunities to participate, express their views, and
      contribute to the Company’s development. Mutual respect




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    JTT : Strengthening Human Capital
    Through Diversity and Inclusion




                                                                                                                                            Our People
On March 8, 2025, (JTT) marked International Women’s Day
as part of its commitment to strengthening diversity and
inclusion across its operations. The initiative highlights the
contributions of women across various functions while
reinforcing JTT’s role in advancing women’s empowerment,
both within the organization and in the surrounding
community.

Through access to skills development, capacity building,
and career opportunities, JTT supports the development
of a more diverse and adaptable workforce aligned with
industry needs. As part of its sustainability strategy, JTT
recognizes diversity as a key driver of stronger decision-
making and long-term performance. The Company
continues to foster an inclusive work environment while
expanding its efforts to support women’s empowerment in
the energy and logistics sectors, where female participation
has traditionally been limited.




    APR : Promoting Gender Equality
    for Sustainable Performance

APR continues to advance gender equality by ensuring equal
access to career development and economic opportunities
for all employees. This approach strengthens workforce
engagement and productivity, while supporting long-term
operational stability through a more resilient human capital
base. By providing equal opportunities for women to grow
and contribute, APR fosters a more adaptive and innovative
work environment, aligned with investor expectations for
sustainable human capital management.

“The bp gas station has become a second home to me.
The team is supportive, close-knit, and feels like family.
Together, we are able to deliver the best service to our
customers.”

Nanda Gustika Putri
Supervisor, bp Antasari and TB Simatupang Gas Stations




   Work-life Balance [OJK F.21]

Employee well-being is an essential aspect of Human                  • Religious celebrations, such as communal iftar and
Resources management. Accordingly, a working environment               Christmas celebrations;
and conditions are fostered to enable employees to perform           • Strengthening national pride and camaraderie through
their roles while maintaining a balance with their personal lives.     Independence Day celebrations;
                                                                     • Activities in commemoration of the Company’s anniversary;
AKR organizes various activities to build solidarity, strengthen     • Sports activities, including futsal, badminton, and cycling;
corporate culture, and create a more inclusive and productive        • Recognition of outstanding employee performance
working environment, including:                                        through scholarships for high-achieving employees’
                                                                       children.



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               Healthy & Happy Employees

         As part of its commitment to a healthy and sustainable work environment, AKR promotes work–life balance through initiatives
         that support both physical and mental well-being. The Company believes that “a happy soul brings a healthy body,” and that
         a balanced work–life dynamic is essential to strengthening productivity, engagement, and overall quality of life.




             APR CSR Program                                                 Employee
             – Sharing is Caring                                             Sports Activities

         As part of its social responsibility commitment, APR            AKR actively promotes a healthy lifestyle through various
         implements the “Sharing is Caring” CSR program through          group sports activities. These initiatives aim to improve
         initiatives that provide support and assistance to              physical fitness, strengthen relationships among
         employees.                                                      employees, and foster a collaborative and positive work
                                                                         environment.




             Christmas Celebration                                           2025 Iftar Gathering
             at AKR’s Jakarta Head Office                                    – Jakarta Head Office

         AKR held its 2025 Christmas celebration at the Jakarta          AKR hosted an iftar gathering on March 13, 2025, at its
         Head Office on December 19, 2025, attended by the               Jakarta Head Office to strengthen camaraderie and
         Board of Directors and employees. The event served as           foster spiritual values in the workplace. The event featured
         a moment of togetherness, strengthening relationships           remarks from the Board of Directors, followed by a
         among colleagues in a warm and joyful atmosphere.               recitation of the Holy Qur’an, a brief religious talk, and a
                                                                         collective prayer.
         Under the theme “Being a Channel of Blessings,” the
         celebration reflected a spirit of togetherness, gratitude,
         and commitment to continually deliver the best
         contributions to the Company and one another.




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    Employee & Family Gathering:
    Strengthening Employee Bonding




                                                                                                                                      Our People
ARUKI hosted an Employee & Family Gathering at Taman           Through various recreational and interactive activities,
Safari Indonesia, Prigen, Pasuruan, East Java, on July 5–6,    participants were able to build closer connections
2025, attended by employees and their families. The            beyond the formal work environment. The gathering also
event provided an opportunity to strengthen interpersonal      reinforced a sense of belonging and enhanced employee
relationships in a relaxed and inclusive setting.              engagement.




    AKR’s 65th
    Anniversary Celebration

AKR Corporindo celebrated its 65th anniversary on
November 28, 2025, marking a significant milestone in
the Company’s journey of growth and development. The
celebration was held simultaneously at the Head Office
and across all branches, with active employee participation
reflecting a shared sense of unity and appreciation for the
achievements attained.

The event series began with a joint prayer attended by
the Board of Directors, followed by a tumpeng-cutting
ceremony as a symbol of gratitude, along with various
team-building activities. Beyond strengthening internal
relationships, the celebration reinforced collaboration
and the collective commitment of all AKR employees to
supporting the Company’s sustainable growth.




    2025 Independence Day                                      In other regions, AKR Stagen (August 22, 2025) hosted
                                                               badminton matches and traditional games involving
    Celebrations Across All AKR Units                          employees across departments, while AKR Banjarmasin
                                                               (August 29, 2025) organized various competitions with
To commemorate the 80th Independence Day of the                strong employee participation. In addition, Joint Venture
Republic of Indonesia, AKR organized a series of activities    entities (APR, DPR, and AKI) in Jakarta (August 15, 2025)
across its Head Office and operational branches, aimed at      participated in a badminton tournament to strengthen
strengthening camaraderie, employee engagement, and            synergy among the entities. Overall, this series of
a spirit of nationalism in the workplace. In Jakarta (August   activities reflects the Company’s commitment to
7–15, 2025), activities included various competitions—         fostering a collaborative, inclusive, and sustainable work
such as Uno Stacko, table tennis, badminton, and mini          culture across all operational areas.
soccer—bringing together employees across functions and
fostering closer collaboration and interaction.

Similar initiatives were carried out across operational
regions. AKR Medan (August 10, 2025) organized an
inter-department mini soccer tournament to strengthen
teamwork. AKR Manado (August 17, 2025) held a mini
soccer tournament involving personnel from AKR, ATI, and
Security, along with other competitions. Meanwhile, AKR
Palembang (August 17, 2025) engaged the local community
in Independence Day celebrations, creating inclusive
activities and strengthening community relations.




                                                                                                         Sustainability Report 2025
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          Employee Recruitment and Turnover [GRI 401-1]

      Human Resources quality is prioritized by AKR as a key factor   without discrimination based on gender, ethnicity, race, or
      in supporting the achievement of business objectives and        religion, provided that they meet the established competency
      the Company’s sustainability. Accordingly, the recruitment      requirements.
      process is conducted in a structured manner to acquire
      talent with relevant competencies that are aligned with the     In line with technological developments in the workplace, a
      Company’s culture and values. Employees are expected            digital-based recruitment system has been implemented by
      to consistently apply the Company’s values in their daily       AKR since 2020. The process begins with candidate sourcing
      professional activities.                                        through various digital platforms (e-sourcing), including social
                                                                      media channels such as LinkedIn and Instagram, as well as the
      The fulfillment of vacant positions is prioritized through      Company’s official career portal. [SEOJK F.18]
      internal candidates using an objective evaluation process,
      including a Fit and Proper Test. In 2025, more than 28.7% of    In 2025, AKR hired 464 new employees as part of efforts to
      vacant positions at supervisor level and above were filled by   strengthen operational capacity in the energy distribution,
      internal talent.                                                logistics, and industrial park sectors, reflecting the company’s
                                                                      sustained business growth momentum. Of the total hires, 436
      If no internal candidates meet the required competency          were men and 28 were women, in line with the field-based
      standards, external recruitment is conducted in an open         operational requirements that dominated this year’s hiring.
      and transparent manner. All applicants are treated equally


      New Employee Recruitment by Gender [GRI 401-1]

        Description                        2025               %           2024                 %             2023                 %

        Male                                436             94%             569              95%               412             85%
        Female                                28              6%              33              5%                73             15%
        Total                               464            100%             602            100%                485            100%




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New Employee Recruitment by Age Group [GRI 401-1]

 Description                          2025          %            2024            %             2023                   %

 Under 30 years old                     197      42%              278           46%             249                51%

 30–50 years old                        245      53%              288           48%             212                44%




                                                                                                                              Our People
 Above 50 years old                      22         5%             36            6%              24                 5%

 Total                                  464      100%             602       100%                485              100%



New Employee Recruitment by Region [GRI 401-1]

 Company                     Region                  2025           %    2024              %     2023                %
                           Java                           74     15.9%     115        19.1%           53         10.9%
 AKR                       Sumatra                        15      3.2%     13         2.2%            18          3.7%
                           Bali                            2     0.4%       4         0.7%             0         0.0%
                           Kalimantan                     46      9.9%     85         14.1%           82         16.9%
                           Sulawesi                      105     22.6%    120         19.9%           29          6.0%
                           Ship Crew                     169     36.4%    180         29.9%       152            31.3%
 JTT                       Java                            3     0.6%       8          1.3%            4          0.8%
 JIIPE - BKMS              Java                           29      6.3%     20         3.3%            22          4.5%
 JIIPE-BMS                 Java                            6      1.3%     45          7.5%            7           1.4%
 APR                       Java                            3     0.6%       5         0.8%            111       22.9%
 DPR                       Java                            4     0.9%       0         0.0%             2          0.4%
 ARUKI                     Java                            8      1.7%      7          1.2%            5          1.0%
 Total                                                   464     100%     602     100.0%          485         100.0%


Employee Turnover [GRI 401-1]

 Description                                             2025                    2024                            2023

 Resigned at Own Request                                   119                       137                            110
 Turnover Rate                                           4.8%                    5.6%                            3.9%




                                                                                                 Sustainability Report 2025
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120




          Employee Benefits [SEOJK F.18] [GRI 401-2]
      The various benefits and facilities provided by the Company to both permanent and non-permanent (contract) employees are as
      follows.

      Benefit Provisions for Permanent and Non-Permanent Employees at AKR

                                                                                                             Non-Permanent
          No.                      Benefit Components                 Permanent Employees
                                                                                                          (Contract) Employees


           1.      Religious holiday allowance


                   Health allowance, provided based on
           2.      each employee’s level and length of
                   service

                   Pension allowance, provided to
                   employees who have worked for 15 years
           3.                                                                                                         -
                   or more and have reached retirement age
                   (55 years)

                   Contract compensation in accordance
           4.                                                                    -
                   with applicable laws and regulations



                   Official vehicles for sales roles requiring
           5.
                   high mobility
                                                                 Provided in the form of a vehicle       Provided in the form of an
                                                                       ownership program                    operational vehicle


                   Housing allowance, provided for
           6.      employees assigned outside their home
                   city and for expatriate workers                  For employees assigned               For employees assigned
                                                                 outside their hiring point and for   outside their hiring point and for
                                                                       expatriate workers                   expatriate workers


                   Meal and transportation allowances,
           7.
                   provided up to supervisor level
                                                                       For certain job titles               For certain job titles

                   Communication device and corporate
           8.      credit card allowances for certain
                   divisions
                                                                    For certain types of work            For certain types of work

                   12 working days of annual leave
           9.      (increasing with length of service, up to a
                   maximum of 20 working days)
                                                                 After 12 months of employment        After 12 months of employment

                   Maternity leave of 3 months for female
          10.      employees
                   *Leave is not considered a benefit


                   Special leave for events such as
                   bereavement, circumcision, baptism,
           11.     graduation, childbirth, and similar
                   occasions
                   *Leave is not considered a benefit

                   Membership in BPJS Employment
          12.
                   (formerly Jamsostek)
                   Old Age Security Program provided by
          13.
                   BPJS Employment (formerly Jamsostek)




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                                                                                                                                         121




   Paternity Leave [GRI 401-3]

Paternity leave is in accordance with provisions established     In 2025, a total of 21 employees utilized parental leave (10
under Manpower Law and regulated in the Company                  maternity, 11 paternity/accompanying leave). All returned to
Regulations. They include three months maternity leave for       work and remained employed for up to 12 months after the




                                                                                                                                         Our People
female employees and three days leave for male employees         end of their leave period, resulting in a 100% retention rate.
to accompany their spouses during childbirth.




   Employment Management and Industrial Relations [GRI 402-1]

Through clear and continuous communication with all              A commitment is upheld by AKR to inform employees prior to
employees in the course of operational activities, the           the implementation of operational business changes that may
Company maintains fair and transparent employment                have a significant impact. This is aligned with applicable labor
relationships. This supports harmonious industrial relations     laws and regulations and is stipulated in the Collective Labor
and encourages a conducive and sustainable working               Agreement or the Company Regulations.
environment.




   Monthly Communication Media with the Theme of Company Values

AKR uses various internal communication channels to              and Company newsletter are used by the Human Resources
communicate and reinforce the Company’s values to                Department as communication tools to ensure that the
employees, delivered through a monthly newsletter and            Company’s values are understood and applied in daily work
internal communication media managed by the Digital              activities.
Business and Communication Division under the Human
Resources Department. In addition, e-mail, HRIS application,




  Non-Discrimination
  and Equal Opportunity
  [SEOJK F.18]



The principles and values of equality are upheld by AKR as a foundation of its human resources management, ensuring that every
individual is treated fairly and provided with equal opportunities within the working environment.




   Employee Salary Ratio to the Minimum Wage Standard [OJK F.20][GRI 202-1]

AKR employee wage policies are fair manner and in accordance with applicable regulations. Employee wages, including entry-
level positions and without distinction based on gender, are set at a minimum level equivalent to the regional minimum wage
in each operational area. Wage determination also takes into account inflation developments as well as prevailing laws and
regulations. Through this approach, AKR supports employee welfare while maintaining harmonious and sustainable employment
relationships.




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          Equal Opportunity and Access [SEOJK F.18][GRI 405-1]

      The principle of equality is applied by AKR in its human             has historically contributed to a higher proportion of male
      resources management, ensuring that all employees                    employees in operational roles. This condition also influences
      are treated fairly, and without discrimination based on              the overall gender composition across the organization.
      ethnicity, religion, race, social background, gender, or
      physical condition, as well as equal opportunities for               At the highest leadership level, AKR demonstrates a strong
      career development, competency enhancement, and                      commitment to gender diversity. As of 31 December
      performance evaluation being provided based on capability            2025, women represent 43% of the Company’s Board of
      and contribution. Implementing this principle supports an            Directors. This reflects the application of equal opportunity
      inclusive working environment and aligns with the Company’s          principles in the appointment of strategic positions based
      sustainability commitment.                                           on competence, experience, and performance, while
                                                                           also strengthening the quality of decision-making at the
      In 2025, the gender composition at each management level             corporate level.
      consisted of 77% men and 23% women. Meanwhile, at the
      lower management to non-managerial level, the proportion of          AKR continues to ensure that all positions, including
      female employees was recorded at 18%.                                leadership roles, remain open to individuals with appropriate
                                                                           qualifications, in line with business needs and merit-based
      The nature of AKR’s business in logistics and supply chain—          principles, as reflected in the employee and management
      covering terminal operations, distribution fleets, and activities    composition table below. [GRI 202–2]
      with high physical demands and safety requirements—


      Gender Diversity by Position Level

                                              2025                                2024                                2023
               Position
                                    Male             Female               Male           Female             Male             Female

        Board of
                                              3                 -                  3                -                 3                -
        Commissioners
        Board of Directors                    4                 3                 4                3                  4                3
        Commissioner-
                                              8                 -                 5                 -                 7                -
        Level Executives
        Director-Level
                                             21                 3                 19               4                 20                5
        Executives
        General Manager-
                                             54                18                 57               15                50                9
        Senior Manager
        Manager                              99               32                 103              27                102               35
        Assistant Manager                   121               34                 122              36                109               39
        Supervisor – Staf                   651               176                633              170               995            294
        Operator                           1,217              30             1,207                44               1,103              35




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                                                                                                                                         123




Age Group Diversity by Position / Level

                                2025                               2024                                2023
     Position
                     <30        30-50        >50       <30         30-50        >50        <30        30-50          >50

 Board of




                                                                                                                                         Our People
                           -            -          3          -            -          3          -            -              3
 Commissioners
 Board of
                           -            -          7          -            -           7         -            -              7
 Directors
 Commissioner-
 Level                     -            4          4          -            1          3          -            3              4
 Executives
 Director-Level
                           -            4      20             -           9           17         -          10              15
 Executives
 General
 Manager-                  1           39      32             -         40          30           -         29              26
 Senior Manager
 Manager                   2           93      36             4         94            32         -         118             23
 Assistant
                           9         128        18            15        123         20           9         121              18
 Manager                               77%
 Supervisor –
                         178         594       55         194          564          48        633          614             42
 Staf
 Operator               288          843       116        284          845          119       242         775              121


                        Percentage of Women in Middle and Senior Management Positions in 2025




                                                                                             23%



                               77%




                                                       Men         Women




    APR: Promoting Inclusion, Equality,
    and Empowerment for Sustainable
    Growth

Through APR, AKR continued to strengthen its commitment            In parallel, the Company is developing empowerment
to an inclusive and sustainable work environment throughout        programs for persons with disabilities by fostering
2025. The initiative focuses on expanding employment               an adaptive and inclusive work environment, and
opportunities for local communities, empowering persons            ensuring equal access to skills development and
with disabilities, and advancing gender equality in career         career advancement. In terms of gender equality, AKR
development. Through a local hiring approach, AKR                  continues to promote women’s participation across
prioritizes recruitment from surrounding communities,              various functions and ensures competency-based career
including across the bp-AKR retail network. This approach          development, free from gender bias. These efforts align
broadens economic access while supporting operational              with the Company’s sustainability commitments and the
efficiency and reducing the environmental impact of                Sustainable Development Goals (SDGs), supporting a fair,
workforce mobility.                                                inclusive, and competitive workplace.



                                                                                                            Sustainability Report 2025
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            JTT: Empowering the Deaf                                      refreshments, and coffee workshops in collaboration with
                                                                          SUNYI Academy. Through this initiative, JTT strengthens
            Community through Collaboration                               social inclusion while empowering the deaf community to
            with SUNYI                                                    actively participate in economic activities and contribute
                                                                          to a more inclusive workplace.

      JTT supports the expansion of inclusive employment
      opportunities for persons with hearing disabilities through
      collaboration with the SUNYI community. The initiative
      began with awareness-building efforts, including the
      participation of SUNYI Market in office bazaars, providing
      a platform for the community to showcase products and
      expand market access. This marks an initial step in fostering
      broader understanding and acceptance of diversity in the
      workplace.

      As part of its implementation, JTT also conducts educational
      and empowerment programs, including sign language
      learning sessions (covering basic letters and conversations),
      the introduction of the SUNYI Café concept for meeting




          Remuneration Ratio by Gender [GRI 405-2]

      In determining remuneration, the principle of equality is applied by AKR and its subsidiaries without distinction based on
      gender, with an equal and fair ratio of 1:1. The level of remuneration is determined through a structured process that considers
      competencies, experience, performance achievements, and any responsibilities assigned.




          Incidents of Discrimination and Corrective Actions Taken [GRI 406-1]

      AKR fosters a professional and non-discriminatory                   All reports are handled independently, with the confidentiality
      working environment through the implementation of a                 of the whistleblower strictly maintained, and are processed
      structured reporting mechanism. The Company provides a              in accordance with internal procedures and applicable
      Whistleblowing System as an official channel to report alleged      regulations to ensure accountability and organizational
      violations, fraud, or actions that are inconsistent with the code   integrity. Throughout 2025, AKR recorded no incidents of
      of conduct and company policies.                                    discrimination in the workplace and remains committed to
                                                                          upholding principles of fairness and inclusivity.




         Employee Training
         and Development
         [OJK F.22]



      Employee competencies align with business needs and                    1. Ensuring a balance between productivity and
      industry dynamics through the management of structured                    investment in human capital development.
      training and development programs that have been                       2. Prioritizing opportunities for internal employees to grow
      systematically designed to enable employees to enhance                    and assume higher positions without regard to gender,
      their capabilities and performance. An equitable, inclusive,              origin, race, ethnicity, or religion.
      and talent-focused working environment is fostered by AKR,             3. Complying with all applicable labor regulations,
      supporting the strengthening of internal capabilities and                 including competency certification and mandatory
      equal opportunities to participate in training and development            training requirements.
      provided to all employees.                                             4. Preparing succession to support the Company’s long-
                                                                                term sustainability.
      The policies implemented by AKR to promote human                       5. Building a positive working environment.
      resources development include:




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                                                                                                                                                               125




     AKR’s Participation                                                               downstream oil and gas transformation, workforce
                                                                                       upskilling, and the strengthening of Safety, Health, and
     in the Human Capital Summit 2025                                                  Environment (SHE) culture.

AKR participated in the Human Capital Summit (HCS)




                                                                                                                                                               Our People
2025, held on June 3–4, 2025, at the Jakarta International
Convention Center (JICC). The event, themed “Accelerating
Workforce Transformation for Downstream Growth and
Energy Security towards Energy Transition in Indonesia,”
brought together more than 4,000 participants from
government, the energy industry, academia, and
international partners.

Through this participation, AKR reaffirmed its commitment
to developing a workforce that is adaptive to the evolving
needs of the energy sector, particularly in supporting the
transition toward Net Zero Emissions (NZE) 2060. AKR also
took part in exhibitions and panel discussions covering




    Total Training Hours

Regular training programs are conducted by AKR to enhance employee competencies and support career development. These
training initiatives are also intended to strengthen motivation, loyalty, and performance over time. In 2025, the total training hours
delivered amounted to 23,014.5 hours, as detailed in the following table:

Total Training Hours by Gender [SEOJK F.22][GRI 404-1]

                                             2025                                           2024                                 2023
     Description
                              Male          Female           Total             Male        Female       Total        Male        Female         Total

  Total Training
                           20,400.5             2,614      23,014.5            23,285         2,561     25,846     40,355.9     10,855.3       51,211.2
  Hours


Average Training Hours by Gender

  Description                                                                  2025                             2024                               2023

  Male                                                                          9.41                            10.69                               16.82
  Female                                                                        8.83                             8.57                              25.89


Average Training Hours by Position Level

                                                                                                                              Average Training Hours
  Description                                             Total Training Hours                Number of Employees
                                                                                                                                             in 2025

  President Director – Director                                                   59                                31                               1.90
  General Manager - Senior
                                                                                 150                               72                               2.08
  Manager
  Manager                                                                      2,684                               131                             20.49
  Asst Manager                                                            2,596.5                                  155                              16.78
  Supervisor                                                                   5,501                              409                              13.45
  Staff - Senior Staff                                                         1,870                              418                                4.47
  Operative                                                                    10,154                            1,247                               8.14
  Total                                                                  23,014.5                                2,463                               9.34
Note: excluding the Board of Commissioners and commissioner-level positions.


Throughout 2025, efforts to accelerate digitalization across various aspects of work continued through communication,
education, socialization, and the implementation of various internal initiatives and events.



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            AKR Training Programs [GRI 404-2]

      AKR training programs focus on enhancing employee                   In 2025, several core Learning & Development programs
      competencies and aligned with business needs, designed              supported the development of competent employees in their
      to strengthen effective and efficient work capabilities while       duties and responsibilities.
      supporting sustained improvements in productivity and
      organizational maturity.                                            Training programs implemented within the Company can be
                                                                          classified into the following categories:




            Onboarding Program
            The onboarding program is designed as an initial              This approach ensures that new employees gain a clear
            orientation for all new employees joining the Company.        understanding of business processes, workflows,
            It aims to provide comprehensive insights into AKR’s          Standard Operating Procedures (SOP), and Working
            Company Profile, Vision and Mission, the 5K concept,          Instructions, allowing them to contribute optimally to the
            Corporate Values, as well as key employment policies          organization.
            and administrative procedures. Through this program,
            employees are expected to understand and comply with          Throughout the probation period, the Recruitment
            applicable regulations while being equipped to identify       and Learning & Development Departments conduct
            and mitigate potential work-related risks.                    monthly reviews to monitor employees’ learning progress
                                                                          against established targets. This process serves to
            New employees also participate in an On-the-Job               validate both learning achievements and performance
            Training (OJT) program, which consists of a structured        outcomes based on the defined timeline. Where gaps or
            three-month learning period. This program is intended         deviations are identified, corrective actions are promptly
            to prepare employees to effectively understand their          implemented to ensure alignment with the planned
            roles and responsibilities, while enabling them to achieve    objectives.
            the defined KPIs and key targets. The OJT focuses
            on essential materials relevant to each role, learning        At the end of the probation period, employees are
            milestones during the probation period, and expected          required to submit a Probation Report, which is evaluated
            performance outcomes.                                         by their direct supervisor and management. Together
                                                                          with the assessment from the Human Resources Division,
            The learning targets within the onboarding program are        the evaluation results serve as the basis for confirming
            systematically designed through mandatory technical           employees as permanent staff.
            training aligned with the training matrix of each position.



        '


            Non Technical Training Program
            Soft skills training programs support the development         2. Business Skills Training
            of fundamental competencies required by individuals in           This training is intended for employees at the middle
            performing their roles. These soft skills training programs      management level and aims to equip participants with
            can be classified into several categories, including:            the knowledge and skills required to support their roles
            1. Transferable Training                                         and functions at work. Requirements for business skills
               This program is designed for employees at the                 training are determined through People Development
               middle and lower management levels. Its objective             Committee meetings.
               is to support individual development plans that
               are specifically aligned with employees’ roles                Specific training programs included in this category
               and responsibilities. The soft skills training covers         consist of business acumen, risk management, project
               areas such as leadership, problem solving and                 management, and financial modelling for feasibility
               decision making, business presentation skills, time           studies.
               management, communication, and building effective
               interpersonal skills.




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                                                                                                                                            127




  '


      Technical Training Program
      This program consists of mandatory technical training for     and Determining Control, and Incident Investigation.




                                                                                                                                            Our People
      employees working in operational functions. The list of       In addition, land transportation modules, including
      training programs is set out in a Training Matrix developed   Truck Knowledge, Material Safety Data Sheet, Loading
      from a Training Needs Analysis for each job role within the   Unloading, and Defensive Driving Course, form part of the
      Company.                                                      technical training curriculum for Land Transport personnel.
                                                                    The training program is updated every one to two years
      The objective of this technical training is to equip          with current and relevant content to ensure employees
      participants with operational technical knowledge and         are aligned with Standard Operating Procedures (SOP)
      skills in areas such as tank terminal operations, warehouse   and Working Instructions.
      management, land transport, retail operations,
      distribution planning, and Safety, Health and Environment     Within the technical training program, the Company also
      (SHE). The training is delivered by competent internal        collaborates with training institutions and Professional
      instructors with relevant expertise.                          Certification Bodies (LSP) to deliver training and
                                                                    certification programs. Certificates obtained from
      Technical training included in the training matrix includes   external training are issued by authorized institutions,
      Safety & Operational Tank Terminal, Safety & Operational      including the Ministry of Transportation (land and
      Warehouse, Retail Operations, Permit to Work, Lock            maritime) and the National Professional Certification
      Out Tag Out, Hazard Identification Risk Assessment            Agency (BNSP). These certifications ensure personnel
                                                                    meet nationally recognized competency standards.



Through a comprehensive and continuous training program, the Company ensures that employees develop capabilities aligned
with business needs and evolving industry demands. This commitment is implemented through the development of technical
competencies, enhancement of non-technical skills, and strengthening of leadership




                                                                      Training




                                                                                                                            2.39
                                                                      investment for
                                                                      AKR Holding

                     2.39                                             employees
                                                                                                               1.62
                                                                                                    1.45


               Rp                          Billion                    (in billions of rupiah)

         Investment in education and training programs
            during 2025 at the AKR parent company



                                                                                                    2023      2024          2025




The Company and its subsidiaries implement structured               ensuring alignment with competency development priorities.
training policies for both executives and employees. Training       AKR and its subsidiaries deliver training through both external
programs are designed to enhance technical (hard skills) and        providers and in-house programs, including fire safety, HSSE,
behavioral technical skill. Programs are tailored based on          site training, Mandarin, and other relevant areas.
performance evaluation outcomes and organizational needs,




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          Employee Performance Evaluation [GRI 404-3]

      AKR implements a structured performance appraisal system         monitoring by supervisors, assessing the achievement of
      as part of its transparent, performance-based human capital      defined work targets. Employees under probation, contract
      management. Evaluations are conducted periodically based         arrangements, or temporary assignments are also subject
      on established Key Performance Indicators (KPIs), with results   to regular evaluations. At the directorate level, performance
      serving as the basis for performance-based compensation,         reviews are carried out based on overall business performance
      competency development, succession planning, and                 across respective divisions and departments.
      retention. This process is applied consistently across all
      employees of the Company and its subsidiaries. Performance       The following outlines the Employee Performance Evaluation
      evaluations are conducted twice a year through scheduled         process implemented within the Company:




                      Determination of                         Performance                               Performance
                      Work Targets (KPI)                       Monitoring                                Evaluation

         All employees are required                  Supervisors monitor subordinate            These assessments form the
         to understand their Individual              performance on a regular basis             basis for employee performance
         Performance Targets, covering               to assess achievement against              evaluation and subsequent
         performance, competencies, and              established KPIs.                          processing by HR.
         other assigned priorities.




      Percentage of Employees Receiving Regular Performance and Career Development Reviews by Gender
      [GRI F.22][GRI 404-3]


         Description                                                    2025                      2024                       2023

         Male                                                           100%                      100%                      100%
         Female                                                         100%                      100%                      100%



      Percentage of Employees Receiving Regular Performance and Career Development Reviews by Position Level
      [GRI 404-3]


         Description                                                    2025                      2024                       2023

         Director                                                       100%                      100%                      100%
         General Manager                                                100%                      100%                      100%
         Senior Manager                                                 100%                      100%                      100%
         Manager                                                        100%                      100%                      100%
         Assistant Manager                                              100%                      100%                      100%
         Supervisor                                                     100%                      100%                      100%
         Staff                                                          100%                      100%                      100%
         Operative                                                      100%                      100%                      100%




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                             129




                             Our People




Sustainability Report 2025
Page 132
         05
Our
Communities
Page 133

          
Page 134
132




                                                             AKR integrates business growth with social responsibility
                                                             as part of its long-term strategy. This approach enables the
                                                             creation of balanced value for shareholders, society, and the
                                                             environment in a holistic and sustainable manner.




         Sustainable Social Responsibility
         & Community Development
      AKR integrates social responsibility into its sustainability                    and program design, ensuring the relevance, effectiveness,
      strategy, aligned with the Sustainable Development Goals                        and sustainability of initiatives across AKR’s operational areas.
      (SDGs). This approach ensures that business growth                              [GRI 413-2]
      progresses alongside the creation of measurable and
      sustainable social value for surrounding communities,                           Furthermore, AKR is committed to empowering communities
      delivered through programs that build long-term capacity and                    surrounding its operational areas through various welfare
      self-reliance.                                                                  improvement programs, building harmonious relationships
                                                                                      and forging productive partnerships with local communities
      In its implementation, the Company applies a structured                         to deliver more effective, efficient, and sustainable social
      approach to identify, mitigate, and manage potential social                     programs, while engaging stakeholders in a transparent and
      impacts arising from its operations. Communities are actively                   participatory manner.
      engaged in Social Impact Assessments, AMDAL processes,




                                     Proactive Support for the Needs of Communities in Operational Areas




                                                                                                                   13 Branches
                                                                                                                   19 Sea and River Ports


                           Medan              Pontianak
                                                             Buntok                                          Manado-Bitung




                                      Palembang

                                                                             Palaran

                                                                                                 Morowali
                                                                             Stagen
                                             Jakarta-Priok
                   Lampung                                            Banjarmasin
                          Ciwandan


                                   Bandung
                                       Semarang           Surabaya
                                                                      Bali




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                                                                                                                                             133




   Creating a Multiplier Effect through Our Operations and Business [GRI 203-2]

As part of its long-term commitment, AKR focuses on creating        the energy and logistics sectors, while upholding principles
sustainable value for stakeholders through integrated               of governance and business certainty that strengthen
operations that are aligned with the policies of the Indonesian     sustainable economic contributions while maintaining long-
government. The Company's role as a strategic partner is            term business stability and resilience.
reflected in its support for national programs relevant to




                                                                                                                                             Our Communities
  Multiplier Effect Sosial dari Bisnis AKR




       Improvement in            Increase in direct        The presence of           The existence             Enhancement
    regional and national           and indirect           anchor tenants          of an integrated             of industrial
      economic growth              employment            supports the growth       industrial estate        competitiveness in
                                                           of downstream          (industrial estate         the global market
                                                              industrial          and port within a
                                                             ecosystems             single location)
                                                                                      contributes
                                                                                     to significant
                                                                                     reductions in
                                                                                    logistics costs




                                           Cumulative Achievements until 2025



                            Investment                                                        Workforce




              Rp    111.5                 Trillion                              43,257                          People



                                                       Achievements in 2025

                                             Socio-Economic Impact of Gresik Regency




        79.69                              5.47%                               5 year                   KEK Gresik
     Human Development                     Unemployment                   Improvements in              An emerging industrial hub
      Index (HDI) – 2025                    Rate – 2025                  education quality,             supporting downstream
                                                                         healthcare access,                  development,
                                                from 8.00%                 and community                   strengthening the
              from 77.30                                                                               national supply chain, and
                                                over the past            purchasing power
                in 2021                                                                                  creating employment
                                                  five years
                                                                                                             opportunities.



                                                                                                                Sustainability Report 2025
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134




           JIIPE Receives the 2025 Investment                         recorded realized investment exceeding Rp 87 trillion as
                                                                      of the first quarter of 2025, including foreign investment
           Award in the Domestic Investment                           commitments amounting to Rp 10 trillion.
           (PMDN) Category
                                                                      JIIPE serves as a strategic logistics hub that strengthens
                                                                      the industrial competitiveness of East Java, and substantial
      The East Java Provincial Government presented the               investments have created thousands of jobs, strengthened
      Investment Award 2025 to business actors demonstrating          local supply chains, and generated a significant multiplier
      outstanding achievements in investment. In the Domestic         effect on the economy of East Java along with national
      Investment (PMDN) category, PT Berkah Kawasan Manyar            economic contributions.
      Sejahtera (JIIPE SEZ) was awarded second place. As a
      Technology and Manufacturing Special Economic Zone
      (SEZ) covering approximately 3,000 hectares, JIIPE has




          Investing in Industrial Development Facilities for Indonesia’s Economic Progress
          [GRI 203-1]


      To strengthen national industrial competitiveness, industrial     JIIPE development aligns with the government’s policy
      estate and port facilities have been designed to support          direction to enhance industrial competitiveness and
      logistics efficiency and create employment on a significant       strengthen the national logistics structure. The integration
      scale. AKR, through its subsidiary PT Usaha Era Pratama           of the industrial estate and port within a single ecosystem
      Nusantara, collaborates with PT Berlian Jasa Terminal             provides cost advantages and supply reliability, while also
      Indonesia, a subsidiary of PELINDO, in developing the Java        strengthening Indonesia’s position within regional and global
      Integrated Industrial and Port Estate Special Economic Zone       supply chains in a sustainable manner.
      in Manyar, Gresik, East Java.




           JIIPE: : A Hub for Indonesia’s Precious                    As part of a National Strategic Project (PSN), the PMR
                                                                      adopts environmentally friendly technologies, supports the
           Metal Downstreaming Industry                               transition toward green energy, and opens opportunities
                                                                      for global investment, with JIIPE projected to become
      The President of the Republic of Indonesia, Prabowo             the largest precious metals industrial hub in Southeast
      Subianto, inaugurated JIIPE’s Precious Metal Refinery (PMR)     Asia, strengthening Indonesia’s competitiveness in the
      of PT Freeport Indonesia, marking a strategic milestone         international market.
      in the national mineral downstreaming program that
      strengthens the mining industry value chain and supports        This inauguration marks a historic occasion in the
      Indonesia’s economic self-reliance.                             management      of     Indonesia’s     natural    resources,
                                                                      demonstrating the synergy between the government,
      The facility utilizes the world’s largest hydrometallurgy       PTFI, ANTAM, and JIIPE in contributing to national economic
      technology and is capable of processing anode slime             growth and community welfare.
      into internationally certified gold and silver. The refinery
      significantly increases the value of minerals that were
      previously exported in raw form.

      Involving PT Aneka Tambang Tbk (ANTAM) as a strategic
      partner, JIIPE has become the only industrial estate
      in Indonesia with an integrated precious metals
      downstreaming ecosystem. Positive impacts include
      increased mineral value added through domestic
      processing, thousands of jobs for local communities,
      improved Regional Original Revenue (PAD) for the Gresik
      Regency, and the development of downstream industries
      based on precious metals for both domestic and export
      markets.




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    JIIPE’s Role in Supporting Local                                  Through synergy between the regional government, estate
                                                                      management, and business actors, JIIPE aims to ensure that
    Workforce Absorption in Gresik                                    it provides tangible benefits for the welfare of the people of
                                                                      Gresik while also contributing to local workforce absorption




                                                                                                                                                    Our Communities
                                                                      within the estate.
Aligned with efforts to foster inclusive and sustainable
economic growth for surrounding communities, JIIPE
continues to demonstrate its commitment to supporting
the Gresik Regency government’s policy to promote the
employment of local workers within the industrial estate.

During the launch of the inaugural export of PT Xinyi Glass
Indonesia on Tuesday, 18 March 2025, the Vice Regent
of Gresik, Asluchul Alif, emphasized the important role
of industries within JIIPE in optimizing the absorption of
local labor.




   Creating Employment Opportunities and Promoting Local Recruitment [GRI 202-2]

AKR’s recruitment policy ensures equal opportunities for                This supports the sustainability of social relations, strengthens
qualified candidates without discrimination with selection              operational stability, promotes the creation of an inclusive
conducted objectively and based on competence to ensure                 and diverse work environment, and is expected to contribute
alignment with business needs and integrity standards.                  meaningfully to regional development, improve community
                                                                        welfare, and support the sustainability of the Company's
For social responsibility approach and the strengthening of             business.    Recruiting    employees         from     surrounding
relationships with local stakeholders, the Company focuses              communities also brings several added values, including:
on candidates from the primary operational areas (Ring-1),
provided that they meet the established requirements.


  Understanding of Local Culture                                           Cost Efficiency

  Employees from local communities have a better                           Local recruitment can be more cost-efficient
  understanding of local culture, customs, and                             compared to recruiting from outside the community.
  traditions. They can help the Company navigate the                       Transportation and accommodation costs during
  local business environment, build relationships with                     the recruitment process can be eliminated. As a
  local stakeholders, and communicate effectively                          result, recruitment and relocation expenses can be
  with local customers.                                                    significantly reduced.




  Strong Retention                                                         Increased Diversity and Inclusion

  Employees from local communities are more likely to                      Local recruitment can help AKR create a more diverse
  remain with the Company for the long term because                        and inclusive workforce, enabling the Company
  they have strong ties to the community. In turn,                         to gain perspectives and understanding of local
  employee turnover rates tend to be lower.                                wisdom, which can lead to greater innovation and
                                                                           creativity.



                                       Positive Impact on the Local Economy

                                       Local recruitment can have a positive impact on the
                                       local economy. It creates employment opportunities
                                       for individuals in the community, helping to reduce
                                       unemployment and encourage regional economic
                                       growth.




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           AKR Holding: Local Talent as a Driver                         This approach contributes to long-term value creation,
                                                                         both from business and social perspectives. Local
           of Operational Performance                                    workforce participation supports operational stability,
                                                                         reduces potential social risks, and strengthens the
                                                                         Company’s social license to operate.
      AKR Holding recorded that 62% of its workforce consists of
      local residents from areas surrounding its core operations. This                    Local Hires - AKR only
      reflects the Company’s commitment to strengthening human
      capital by empowering local talent as part of a sustainable
      workforce strategy. By prioritizing local recruitment within
      key operational entities, the Company enhances operational                                                       62%
      effectiveness through a stronger understanding of local social
      and geographical dynamics, while reinforcing relationships                      38%
      with surrounding communities.
                                                                                             Local hires   Non-Local hires




           APR: Hiring Local Talent to Support
           Operations

      As part of its energy retail network expansion, APR contributed    This contribution creates meaningful value for
      to job creation by employing 637 local residents to support        stakeholders, particularly by strengthening the social
      gas station operations. The involvement of local workers,          impact of business expansion. Local hiring helps mitigate
      including through operational partnership schemes, ensures         social risks, increase community acceptance, and
      smooth service delivery across locations while strengthening       support operational sustainability at the community level.
      ties with surrounding communities. This approach supports          It also contributes to workforce capability development
      consistent service standards and enhances operational              in the energy retail sector, reinforcing the foundation for
      efficiency through a workforce that understands the local          APR’s long-term growth.
      context.




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   Engaging
   Local Suppliers
   [GRI 204-1]




                                                                                                                                Our Communities
Suppliers are integral to the Company's business structure and
operational sustainability. Therefore, supplier partnerships
must meet the defined standards of quality, compliance, and
reliability.                                                                    60.81%
AKR defines local suppliers as business partners domiciled in      Average TKDN value of B40 products in 2025,
Indonesia, particularly in areas surrounding the Company's                 exceeding the TKDN target.
operational locations. Use of local suppliers strengthens the
supply chain and supports the Domestic Component Level
(TKDN), contributing to economic activity in operational areas.

By engaging local suppliers, AKR reinforces its sustainability
commitment through the utilization of domestic products and
services, while also creating positive economic impacts for
surrounding communities. As part of its sustainability strategy,
AKR aims to achieve a minimum of 30% TKDN in B40 products,
supporting national industry, strengthening domestic
supply chains, and promoting the welfare of communities
surrounding its operational areas.




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          Operational Impacts on Local Communities [SEOJK F.23] [SEOJK F.24] [GRI 413-1] [GRI 413-2]

      AKR maintains safe and controlled operational standards              To maintain constructive relationships with communities, AKR
      to minimize potential impacts on surrounding communities             provides direct communication channels to receive reports,
      and the environment, controlling risks related to air pollution,     feedback, and complaints. With none received in 2025, this
      noise, fire, and other potential operational hazards through         highlights the effectiveness of AKR’s approach in sustainably
      structured procedures and monitoring systems.                        managing social and environmental impacts.

      Each project and operational activity is preceded by a
      comprehensive impact assessment to identify and mitigate
      risks at an early stage with relevant activities supported by
      Environmental Impact Assessment (AMDAL) documents for
      regulatory compliance and AKR’s commitment to responsibly
      managing environmental and social aspects.




            Greening the Earth: AKR Plants
            Mangrove Trees on World
            Environment Day
      Mangroves play a crucial role in protecting coastlines
      against abrasion, absorb carbon emissions, and are habitats
      for various marine species, making their presence highly
      strategic for maintaining coastal environmental balance.

      As a tangible commitment to preserving these coastal
      ecosystems and strengthening environmental resilience
      within operational areas, in commemoration of World
      Environment Day 2025, AKR, together with Pelindo, the
      Indonesian Navy (TNI AL), the Pulau Laut Baru Police Sector,
      SMKN 2 Kotabaru, SMAN 2 Kotabaru, and Poltek Kotabaru,
      planted 1,000 mangrove seedlings at the jetty area of AKR
      – Stagen on 17 June 2025.

      Attended by 200 participants, AKR reaffirmed its
      commitment to fostering environmental awareness,
      strengthening synergy with communities, and building a
      more sustainable future for the next generation with an
      activity that included employees, students, university
      students, and other stakeholders, and preceded by an
      Occupational Health, Safety, and Environment (OHSE)
      competition.




            AKR Distributes 1,000
            Compost Bags in Banjarmasin
      In response to the waste management situation requiring            help the community manage domestic waste while also
      an immediate solution in the City of Banjarmasin and as            supporting waste sorting education programs implemented
      part of its commitment to environmental stewardship, AKR           by the Environmental Agency.
      distributed 1,000 compost bags to the Banjarmasin City
      government on Thursday, 15 May 2025.                               The Mayor of Banjarmasin expressed appreciation to AKR
                                                                         for its environmental concern and hoped that CSR initiatives
      The handover ceremony was attended by the Head of                  such as this would serve as an example for other companies.
      Branch of AKR Banjarmasin together with the Mayor
      of Banjarmasin and the Head of the Banjarmasin City
      Environmental Agency. The assistance is expected to




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   CSR Program Management [GRI 3-3]

In operational areas, CSR programs are part of a commitment         To ensure that program benefits can be measured, periodic
to social sustainability where they are based on needs and          evaluations cover the planning stage, implementation,
involve local communities from identification through to            achievement of targets, and the long-term impacts
implementation to ensure relevance, effectiveness, and a            experienced by the community.
measurable impact.




                                                                                                                                            Our Communities
A direct field-based approach when planning ensures an
objective understanding of the priority needs. The Company
then works together with the community to determine
programs in a focused manner so that resource allocation can
deliver the most significant and sustainable benefits.



   AKR CSR Pillars [SEOJK F.25]

AKR focuses its CSR programs on three main pillars:                 Improving community quality of life while expanding the
1. Education                                                        positive impact of sustainability in operational areas, AKR also
2. Health                                                           conducts other CSR initiatives covering social and religious
3. Community Development                                            activities, as well as support for the development of public
                                                                    facilities and infrastructure.




  Education                                     Health                                     Community
  Pillar:                                       Pillar:                                    Development:
  One of the most important efforts             AKR is committed to supporting             Supporting the Improvement
  in improving community welfare is             improvements in access to and the          of Welfare for Surrounding
  through education. However, not               quality of healthcare services for         Communities
  all regions have adequate, quality            surrounding communities. Through
  educational standards. Therefore,             sustainable health programs, the           Community        development       and
  AKR is committed to supporting                Company provides basic health              empowerment           programs       in
  improvements in education quality,            services, conducts health education        operational       locations     create
  particularly in operational areas             initiatives, and implements disease        positive social impacts, build a more
  located in remote regions.                    prevention programs to increase            empowered community ecosystem,
                                                awareness of healthy lifestyles.           and    support      the    sustainable
  In collaboration with schools to                                                         improvement of community welfare.
  ensure that the assistance is well            AKR also strengthens local health
  targeted, AKR provides scholarship            infrastructure     through   various
  programs        for     high-achieving        initiatives that have sustainable
  students      from    underprivileged         impacts on community welfare and
  families. In addition, for employees’         inclusive social development.
  children who achieve top academic
  rankings, namely ranks 1 (one) to 5
  (five), AKR provides an education
  scholarship for 1 (one) year to
  encourage continued learning.




   Implementation of Corporate Social Responsibility Programs [SEOJK F.25] [GRI 413-2]

Designed as reciprocal relationships that provide tangible          Various annual CSR programs have become part of the
benefits to communities, particularly in the fields of education,   Company's agenda, including:
health, environment, and social welfare, AKR innovations in
CSR programs deliver solutions that are more effective and
sustainable.




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      1. Education scholarships for employees’ children                 In addition to ongoing CSR commitments, several new
      2. Donation of sacrificial animals during the religious           programs for AKR and its subsidiaries have also been initiated,
         celebration of Eid al-Adha                                     some of which are in response to urgent community needs.
      3. Collaboration with local governments in environmental          The following CSR programs were implemented 2025:
         conservation efforts
      4. Financial support for social community activities
      5. Basic food assistance for communities affected by natural
         disasters and economically disadvantaged communities
      6. Support for the development of community facilities
      7. Blood donation activities




        Education

      AKR continued its annual scholarship program for high-          Reflecting AKR’s commitment to supporting the development
      achieving employees’ children in 2025 as part of its support    of youth competencies while strengthening its contribution to
      for improving education quality. In addition, the Safety Goes   social development, at BKMS, CSR initiatives in the education
      to School program provided Defensive Driving education to       sector support the SNB Industrial Literacy Team in preparing
      students in Kotabaru, aiming to instill safety awareness from   students from Islamic boarding schools to meet the needs of
      an early age.                                                   the industrial sector.




           Building a Brighter Future:
           AKR Scholarship Program for Employees’ Children
      While it serves as a tangible demonstration of the              increased by nearly 18% compared to 2024. Nationally, a total
      Company's commitment to supporting the education of the         of 278 children of AKR employees and 22 children from AKR
      next generation, the AKR Scholarship Program has become         Land successfully passed the selection process.
      one of the most anticipated benefits for employees. Each
      year, hundreds of high-achieving children benefit from the      Beyond the numbers, this increase highlights that AKR not
      program and this year, the number of scholarship recipients     only focuses on business growth but also upholds its social
                                                                      responsibility in building a brighter future for the extended
                                                                      AKR family.




      Mr. Eko, father of Shanum Zunaira           Mr. Julian, father of Maleeka Hanna,        Mr. Sandi Saputra, father of Azzam
      Anjani, a first-time recipient of the       a three-time recipient of the AKR           Praditya, a two-time recipient of the
      AKR Scholarship.                            Scholarship.                                AKR Scholarship.

      “This scholarship serves as motivation      “This scholarship greatly helps             “Azzam has received the scholarship
      for our child to continue achieving.        ease education costs, especially            twice. Alhamdulillah, the support
      The funds that were previously              with the annual increase in tuition         from AKR has been very beneficial
      allocated for tuition fees can now          fees. It is hoped that my child will        in supporting educational needs,
      be used to support extracurricular          continue to achieve strong academic         particularly for the purchase of school
      activities and tutoring. Currently, my      performance so the scholarship can          supplies. Thank you to AKR for the
      child enjoys painting, and we have          be maintained through university.”          support.”
      enrolled them in art lessons to help
      develop their talent.”



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  Health

In 2025, AKR continued its blood donation program as part        services in surrounding communities. Meanwhile, at BMS,
of its commitment to public health and served as a sponsor       the Company participated as a sponsor in the 2025 National
in the organization of a sports week, aimed at encouraging       Occupational Safety and Health Month (Bulan K3) activities




                                                                                                                                        Our Communities
healthy lifestyles and strengthening togetherness.               organized by DK3P East Java, as a form of support for the
                                                                 implementation of occupational safety and health standards.
At JTT, CSR activities focused on the implementation of
community health post (posyandu) programs for toddlers
and the elderly as an effort to improve basic healthcare




    Supporting the Indonesian Red
    Cross (PMI), AKR Holds Another
    Blood Donation Program

Held at the Jakarta Head Office on Thursday, 13 March
2025, with employees ranging from staff to management,
AKR once again organized a Blood Donation Program in
collaboration with the Indonesian Red Cross (PMI). The
donation process was conducted through strict screening
by PMI to ensure the quality and safety of the donated
blood, with 44 individuals meeting the requirements.

Through this activity, AKR reaffirms its commitment to
supporting public health while also strengthening solidarity
within the workplace.



    Caring for Others:
    AKR Holds Another Blood Donation
    Program with PMI

AKR collaborated once more with the Indonesian Red Cross
(PMI) to organize a blood donation activity at the Head Office
in September 2025. Of the 75 employees who registered
as volunteers, after undergoing health screening including
blood pressure and Haemoglobin (HB) level checks, a total
of 51 individuals were declared eligible to donate blood.




    AKR Holds Blood Donation
    Activity at Tank Terminal Bitung

The blood donation at the Tank Terminal Bitung in Manado, in
collaboration with the Indonesian Red Cross (PMI) of Bitung
City, was attended by employees and security personnel.




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           JTT Cares
           for the Health of Toddlers and the Elderly




      Elderly Posyandu:                                              Toddler Posyandu:
      Blood Measurement Cartridge                                    Supplementary Feeding (PMT)

      JTT initiated a Pos Pelayanan Terpadu (Posyandu) program       JTT Posyandu activities for toddlers support children’s
      four times within the year, from February to September         health from an early age. In 2024, the program ran three
      2025, specifically for the elderly to include Blood            times, focusing on stunting prevention through health
      Measurement Cartridge activities as part of preventive         monitoring and ensuring adequate nutritional intake.
      health services.
                                                                     JTT distributed Supplementary Feeding (PMT) to help meet
                                                                     nutritional needs, with the initiative expected to increase
                                                                     community awareness of the importance of balanced
                                                                     nutrition for children’s growth.




      Inclusive Early Childhood Education (PAUD)
      – Kids Club Priok: Monthly Cleaning Service

      JTT provided support to PAUD Inklusi – Kids Club Priok
      through a monthly cleaning service program that ran in
      October, November, and December 2025, as part of the
      Company's commitment to creating a clean, healthy, and
      comfortable learning environment for children.

      Through this initiative, a thorough cleaning was carried
      out in classrooms, on floors, windows, and learning
      equipment to ensure that educational facilities remain
                                                                     Community Facility Support:
      well-maintained. In addition, JTT provided support through
                                                                     Provision of Iron Cabinet (ex Project P2A)
      additional sensory tools for children with special needs, to
      facilitate a more inclusive and adaptive learning process.     In December 2025, JTT provided an iron cabinet for
      This initiative is expected to support a more optimal          documentation needs related to ex Project P2A, forming
      learning process and create a safe, hygienic, and child-       part of the Company’s contribution to administrative
      friendly educational environment.                              facilities and document storage for the community.




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  Community Development

In supporting social and economic growth, various             AKR also developed several programs for urgent needs,
community empowerment programs in 2025 focused on             particularly in emergency situations such as natural disasters
enhancing the skills and capacities of local communities to   reflecting a commitment to be a responsible partner




                                                                                                                                       Our Communities
become more independent and competitive.                      that actively contributes to the welfare of surrounding
                                                              communities.




    AKR’s Commitment to Communities
    Surrounding Its Operational Areas




AKR Provides Assistance to Flood-Affected                        Appreciation for Sanitation Workers: AKR Distributes
Communities in Pekalongan                                        100 Basic Food Packages

AKR’s CSR program for residents affected by flooding in          Reaffirms a commitment to supporting community welfare
Panjang District, Bandar Lampung saw 500 basic food              and strengthening the important role of sanitation workers,
packages distributed, each containing five kilograms             AKR’s CSR program distributed 100 basic food packages
of rice, five cartons of instant noodles, and one can of         to Kotabaru Regency Environmental Agency (DLH)
sardines. Reaffirming a commitment to supporting social          sanitation workers as a form of appreciation for serving on
sustainability and easing the burden of communities within       the frontline maintaining environmental cleanliness.
operational areas, the handover ceremony was attended
by the Head of Panjang District, the Heads of Panjang
Utara and Pidada Subdistricts, neighborhood leaders,
local RT representatives, Babinsa officers, and community
representatives.




Solidarity in Times of Disaster: AKR Supports Employees          Driver Safety Education for Young Drivers
Affected by Flooding
                                                                 As part of its commitment to road safety and traffic
In supporting the welfare of employees and communities           discipline, AKR Stagen, in collaboration with Pelindo and
surrounding its operational areas, Head of Retail                Kotabaru Polytechnic, conducted a driving safety seminar
Operations Semarang, Mr. Kiswantoro, handed over AKR             at Kotabaru Polytechnic.
food assistance to employees of Mitra SPBN Jambean
who were affected by flooding following the collapse of          The initiative aims to equip young drivers with the
the Sengkarang River embankment in Pekalongan due to             knowledge and awareness to drive safely, responsibly,
heavy rainfall and increased river water levels.                 and in compliance with traffic regulations. Through
                                                                 this collaboration, the Company reinforces its role in
                                                                 promoting transportation safety while strengthening
                                                                 awareness among the younger generation on the
                                                                 importance of disciplined driving practices.




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      Sharing for Humanity and Social Responsibility

      Through its AKR DPR program, AKR provides humanitarian support to disaster-affected communities and frontline public
      service personnel. Assistance includes aid for communities in Sumatra, as well as support for firefighters and rescue teams,
      along with regular food distribution for communities around operational areas. This reflects the Company’s commitment to
      delivering meaningful and sustained social impact.




      Social and Community Activities and Commemorative                 Community Skills Development: Fish Farming Training
      Events
                                                                        AKR conducted a youth-focused fish farming training
      AKR actively supports community-based social and                  program in Banjarmasin in collaboration with the
      religious activities as part of its commitment to social          Department of Food Security, Agriculture, and Fisheries
      cohesion. Throughout 2025, the Company contributed                (DKP3). The program aims to strengthen technical skills
      to religious events such as Isra Miraj, supported religious       while encouraging the development of fisheries-based
      institutions, and renovated places of worship in West             businesses. It also creates new economic opportunities
      Bandung. AKR also participated in community events,               for local communities, particularly youth, supporting long-
      including Independence Day celebrations and other local           term well-being and economic self-reliance.
      initiatives. On major religious holidays, the Company
      distributed Eid al-Fitr food packages in Pontianak and
      Mempawah, as well as sacrificial animals across various
      operational regions for Eid al-Adha.




      Community-Based Waste Management Through                          Coastal Ecosystem Conservation Through Mangrove
      Compost Bag Distribution                                          Planting

      AKR works with local communities in Banjarmasin to                To mark World Environment Day, AKR conducted a
      distribute compost bags as part of its environmental              mangrove planting initiative in Kotabaru in collaboration
      sustainability efforts. The initiative encourages households      with various stakeholders. The program supports coastal
      to manage organic waste independently through simple              conservation efforts, enhancing biodiversity and helping
      composting practices. Beyond reducing household                   protect against coastal erosion. The initiative also engages
      waste, the program also promotes greater awareness and            employees and local communities, strengthening
      participation in maintaining a clean environment, while           awareness of the importance of preserving coastal
      creating value from organic waste.                                ecosystems in a sustainable manner.




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Community Economic Empowerment through
Entrepreneurship Training

AKR conducted an entrepreneurship training program for
productive low-income residents in Sungai Taib Village,
Kotabaru, on October 6, 2025, as part of its commitment to
community economic empowerment.




                                                                                                                                        Our Communities
The program focuses on building practical business skills,
equipping participants with a basic understanding of
entrepreneurship and the motivation to start and grow their
own businesses. This initiative supports increased productivity
and contributes to long-term economic improvement.




    JTT: Promoting the Circular Economy
    through the WeConnect 2.0 Program
As part of its sustainability commitment, AKR, through            Through this program, participants gain not only technical
JTT, continues the WeConnect 2.0 Program: Community               skills in plastic shredding but also an understanding of
Empowerment Through Plastic Recycling for Economic                recycling business models and market opportunities.
Independence in 2025. The program covers a full cycle of          This approach supports economic self-reliance while
activities, from launch, training, and hands-on sessions with     contributing to plastic waste reduction and environmental
professional facilitators, to learning visits to the Kertabumi    sustainability.
Recycling Center and Lazuardi Global Utama.

During the implementation phase, plastic shredding and
production activities are ongoing through early 2026, with
progress reaching 53% by the end of 2025. Production
output reached 32 kg in October 2025 (training phase), 50
kg in November 2025, and 22.65 kg in December 2025.
Monitoring and evaluation are conducted continuously,
with overall progress reaching 61% for the October 2025 to
February 2026 period.




    AKR Provides Assistance for Flood Disasters
    in Aceh, North Sumatra, and West Sumatra
Together with the Ministry of Energy and Mineral Resources
(ESDM) through the National Disaster Management Agency
(BNPB), AKR, distributed assistance to communities affected
by natural disasters in Aceh, North Sumatra, and West
Sumatra. The handover took place at the BNPB National
Logistics Cluster Command Post at Halim Perdanakusuma
Air Force Base, Jakarta and consisted of 15 tons of rice, 2,200
blankets, 2,200 sarongs, and 850 mats. All assistance was
received directly by BNPB for immediate distribution to the
affected areas.

AKR also helped in Tanjung Pura District, Langkat Regency,
North Sumatra five days after the peak of flooding on 28
November 2025 had inundated around 80% of residents’
homes by distributing 44 food packages containing rice,
mineral water, and instant noodles. The assistance was
immediately distributed to residents gathered at the location
and became one of the first forms of aid received directly by
the affected community.

This reflects AKR’s empathy and concern for disaster victims,
while also demonstrating the Company’s commitment to
supporting national disaster response efforts.


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           Series of Idul Adha Qurban
           Activities 1446 H
      In collaboration with various institutions and community
      groups to commemorate Idul Adha 1446 H, AKR distributed
      qurban animals to communities in operational areas across
      Indonesia, including:
      • Cianjur, in collaboration with the Ministry of Trade
      • Tanjung Priok, handed over to Pelindo
      • Banjarmasin, together with KPLP Trisakti Port
      • Bitung, with the City Government to be distributed
         through the Tasmir Board
      • Palaran, to Handil Bakti Subdistrict and Nur
         A-Sunnah Mosque
      • Stagen, through the local Village Head
      • Palembang, together with the local neighborhood head
         (RT) and surrounding community

      The distribution took place from 4 to 8 June 2025, with the
      hope of bringing blessings and strengthening relationships
      among all members of the community and reflects AKR’s
      CSR commitment in its operational areas.




           AKR Assists Communities
           Affected by Fire
      As a demonstration of concern, AKR’s CSR initiative in Kapuk
      Muara saw food packages and mineral water distributed
      to residents affected by a fire near the AKR site in Kampung
      Sawah, RT 17 RW 04, Penjaringan, North Jakarta.

      The handover took place on Thursday, 12 June 2025, and was
      attended by representatives of the local community as AKR
      continued to demonstrate its commitment to CSR programs
      while expressing genuine empathy for communities
      surrounding its operational areas.




           BMS: Growing Together,
           Empowering Surrounding Communities
      BMS recognizes that communities surrounding operational
      areas require continuous attention and support. Fishermen
      operating in the waters of the JIIPE Port are encouraged to
      enhance their capacity through training programs and the
      provision of larger boats, enabling them to sail further toward
      the strait estuary. In addition, residents of surrounding
      villages also receive capital assistance and training to help
      them develop independent businesses.

      In 2025, BMS distributed assistance, including business
      capital support, funding for the renovation of the fishermen’s
      hall, basic food packages, and financial support for mosque
      renovation.




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Training Program for the Fishermen’s        Support for Communities in the          Assistance for the Renovation of
Association of Mengare Kramat               Three Manyar Villages                   Public Facilities
Village

The Fishermen’s Association of              The Company ensures that the            BMS provides financial assistance
Mengare Kramat Village consists             presence of the JIIPE Port delivers     for the renovation of various public
of approximately 190 fishermen. To          both direct and indirect benefits to    facilities to support community
support the development of the JIIPE        communities in the three villages of    welfare. In 2025, several were




                                                                                                                                    Our Communities
Port, BMS provides training programs        Manyarejo, Manyarsidomukti, and         completed including funding for
and support initiatives to help             Manyarsidorukun, collectively known     the renovation of Hidayaturrohman
fishermen and their families adapt to       as the Three Manyar Villages.           Mosque in Banyuwangi Village,
the changing conditions.                                                            Manyar.
                                            As part of its social responsibility,
The      program     includes      skills   BMS implemented various support
training    to   open      employment       programs aimed at improving the
opportunities in the construction           welfare of local residents, including
sector and within companies, as             the creation of employment.
well as entrepreneurship training to
develop independent businesses as
alternative sources of livelihood.
As an additional form of support, BMS
also provides larger boats that enable
fishermen to sail further toward
the strait estuary, allowing them to
continue their profession with a wider
operational range.




    BKMS: Promoting Economic Self-Reliance
    and Strengthening Local Communities
BKMS is committed to advancing local economic
development in areas surrounding the Gresik Special
Economic Zone (KEK). The focus includes strengthening
business capacity, enhancing human capital quality, and
providing infrastructure that supports community well-
being. Through various initiatives, BKMS enables local
businesses and communities to participate in the industrial
ecosystem and capture sustainable economic value.

In 2025, BKMS continues to implement programs focused on
SME development, improving community service quality, and
expanding economic support facilities across its operational
areas.




                                                                                                       Sustainability Report 2025
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148




           MSME Business Matching and
           Establishment of a Metal Industry Hub
      BKMS facilitates metal craft MSMEs (iron, steel, and copper)
      to improve product standards and workforce capabilities,
      enabling them to become suppliers for tenants within the
      Gresik Special Economic Zone. The program is delivered
      through business matching initiatives, focused group
      discussions (FGDs) involving tenants, business operators,
      and relevant agencies, as well as on-site mentoring by
      experts from the Ministry of Industry.

      The program involves 32 MSMEs and employs more than
      40 local workers, while supporting the establishment of a
      metal industry hub in Menganti Subdistrict, Gresik Regency.
      Key outcomes include improved product quality, enhanced
      workforce skills, and increased business investment in
      production equipment and machinery.




           Construction of the Manyarejo Village
           Government and Service Building
      BKMS supports the improvement of the Manyarejo Village
      Government and Service Building as part of its efforts to
      enhance public service quality in the Ring-1 area of the Gresik
      Special Economic Zone (KEK). The initiative aims to support
      sustainable village development while creating a more
      representative and comfortable environment for community
      services.

      Through this program, BKMS contributes to improving service
      quality and enhancing community access to public services.




           Community Housing
           Management Grant
      BKMS supports the provision of community housing for              The program provides decent and affordable housing for
      workers in the Gresik–JIIPE Special Economic Zone through         workers while generating economic value for the local
      the construction of 12 housing units, with management             community through BUMDes-led management. In addition,
      subsequently entrusted to the Manyar Sidorukun Village-           the presence of communal housing supports local economic
      Owned Enterprise (BUMDes).                                        activity by meeting the daily needs of residents.




      Sustainability Report 2025
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                                                             • Professional Certification: In collaboration with BNSP
    JIIPE CARES 2025: Empowering                               and KADIN, equipping local workers with nationally
    Communities, Building the Future                           recognized competencies
                                                             • Support for Local Artisans: Bag-making training with the




                                                                                                                                     Our Communities
                                                               Gresik Regency Regional National Crafts Council, and
                                                               quality enhancement for copper MSMEs in collaboration
2025 marked a pivotal year in strengthening resilient and      with the Gresik Regency Cooperative, Industry, and
empowered communities. This commitment is delivered            Trade Office and the Ministry of Industry
through the JIIPE CARES Five-Pillar CSR framework:           • Technical Skills Development: Sewing and air
1. Health                                                      conditioning (AC) technician training with the Ministry
2. Education, Social, and Religious Affairs                    of Industry’s Industrial Training Center, supported by
3. Community-Based Economy and Entrepreneurship                the distribution of sewing machines and AC servicing
4. Infrastructure                                              equipment to residents and village-owned enterprises
5. Sustainable Environment                                     (BUMDes)

In the health pillar, the Company expanded access to         To support environmental sustainability and circular
essential services through the provision of ambulances       economy initiatives, the Company also provided pickup
and clean water tanks for surrounding villages, supporting   trucks for waste transportation. This enables BUMDes
improved healthcare access and basic living standards.       to manage household waste with economic value,
                                                             creating additional income opportunities while reducing
In infrastructure, the Company developed a new village       environmental impact.
office in Mangunrejo to enhance public service quality.
In Manyarsidorukun Village, a community-managed              These integrated initiatives were recognized with an award
boarding facility was established, creating new economic     in the “Excellence in Investment Dominance and Strategic
opportunities driven by and for local residents.             Downstreaming” category at the Bisnis Indonesia Group
                                                             (BIG) 40 Awards 2025.
Beyond physical infrastructure, the Company strengthens
community-based economic development through                 For us, sustainable industrial growth must create shared
targeted capability-building programs:                       prosperity. JIIPE CARES continuously moving forward to
                                                             empower communities, strengthen local resilience, and
                                                             build a more sustainable future together.




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150




          Realization of Community Development Funds

                         CSR program realization in 2025                            AKR Trading gross profit allocated to CSR




                    Rp     32.80                       Billion                                      0.8%
                 Representing a significant increase (>200%)                         Increased from 0.3% in 2024, reflecting
                       compared to the previous year                                       stronger social investment



                                             Graphics of 2025 CSR Program Realization by Category


                                   12%

                                                                          21%           Community Facility Development
                             7%
                                                                                        Education Support

                                                                                        Healthcare Support
                           11%
                                                                                        MSME Support

                                                                                        Social, Cultural, and Religious Support
                             2%                                           46%
                                                                                        Sponsorship and Others




      Throughout 2025, AKR allocated Rp32.80 billion to CSR                Allocation was directed toward initiatives with long-term
      programs, a significant increase from Rp10.3 billion in 2024.        impact, with a focus on education and human capital
      This reflects a more structured and strategic approach to            development, community infrastructure and facility
      social investment, aligned with business priorities, particularly    enhancement, and economic empowerment through support
      in strengthening stakeholder relationships and supporting            for local SMEs. The Company also expanded contributions to
      operational sustainability in key regions.                           social, cultural, and religious programs, as well as community
                                                                           partnerships through strategic sponsorships.




      Company CSR Funds

                                              2025                                    2024                                              2023

                                   Rp32,796,009,694                       Rp 10,308,383,881                                  Rp24,197,277,383



      CSR Funds of AKR Parent Company

                                              2025                                    2024                                             2023

                                    Rp23,319,641,399                       Rp 7,877,606,178                                  Rp11,337,010,470




      Sustainability Report 2025
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                             151




                             Our Communities




Sustainability Report 2025
Page 154
          06
Our
Conduct:
Governance,
Ethics
& Compliance
Page 155

          
Page 156
154




                                                        Corporate governance serves as a fundamental pillar in
                                                        ensuring regulatory compliance, accountability in decision-
                                                        making, and operational integrity. A well-structured
                                                        governance framework supports transparency and
                                                        ethical business practices, while safeguarding business
                                                        sustainability and driving long-term value creation for
                                                        stakeholders.




         Governance Structure
         and Composition
          [GRI 2-9]



      The consistent implementation of Good Corporate                     6. Indonesian Corporate Governance General Guidelines
      Governance (GCG) allows AKR to maintain operational                    (PUGKI) 2021 issued by the National Committee on
      discipline, service quality, and stable business performance.          Governance Policy (KNKG);
      A clear governance structure and composition support                7. ASEAN Corporate Governance Scorecard (ACGS) issued
      effective and measurable decision-making processes                     by the ASEAN Capital Market Forum (ACMF); and
      that strengthen stakeholder trust and the creation of               8. Indonesian Corporate Governance Roadmap issued by the
      sustainable value.                                                     Financial Services Authority.

      AKR’s governance practices are based on the following               In accordance with the prevailing provisions, the Company's
      regulations and guidelines:                                         governance structure consists of the main organs, namely
      1. Law of the Republic of Indonesia No. 40 of 2007                  the General Meeting of Shareholders (GMS), the Board of
         concerning Limited Liability Companies;                          Commissioners, and the Board of Directors, with the Board
      2. Law of the Republic of Indonesia No. 8 of 1995 concerning        of Commissioners and the Board of Directors supported
         the Capital Market;                                              by supporting organs, each with clearly defined roles and
      3. Financial Services Authority (OJK) Regulation No. 21/            responsibilities in accordance with their respective functions.
         POJK.04/2015 concerning the Implementation of
         Corporate Governance Guidelines for Public Companies;            All governance structures and mechanisms at AKR are
      4. OJK Regulation No. 32/POJK.04/2014 concerning the                based on the principles of ethical behavior, accountability,
         Planning and Implementation of General Meetings of               transparency, and sustainability. AKR’s commitment to
         Shareholders of Public Companies (POJK 32/2014);                 these governance practices serves a guiding framework for
      5. OJK Regulation No. 33/POJK.04/2014 concerning the                operational activities in maintaining performance, supporting
         Board of Directors and Board of Commissioners of Issuers         sustainable growth, and creating value for stakeholders. More
         and Public Companies;                                            detailed information regarding AKR’s governance structure is
                                                                          presented in the Corporate Governance chapter of the 2025
                                                                          Annual Report


          Selection and Nomination Process for Governance Bodies [GRI 2-10]

      The selection and nomination process for governance bodies          competencies, and compliance with POJK provisions, which
      is based on strict and objective requirements, grounded in          are then submitted as recommendations to be decided
      the principles of equality and fairness, and ensures that each      through the GMS. Members of the Board of Commissioners
      selected individual possesses the required competence,              and the Board of Directors are appointed based on
      integrity, and role suitability, enabling governance functions to   qualifications that meet the requirements stipulated in POJK
      be carried out effectively in accordance with their respective      Regulation No. 33/POJK.04/2014 concerning the Board of
      responsibilities.                                                   Directors and Board of Commissioners of Issuers or Public
                                                                          Companies.
      Shareholders hold full authority to determine the composition
      of the Board of Commissioners and the Board of Directors            Strict controls prevent conflicts of interest within the
      through the General Meeting of Shareholders (GMS) and in            Company, such as the limitation and prohibition of affiliation
      accordance with the prevailing laws and regulations.                relationships among the Board of Directors, the Board of
                                                                          Commissioners, and Controlling Shareholders to maintain
      The Nomination and Remuneration Committee (NRC) under               governance integrity.
      the Board of Commissioners subsequently conducts
      the selection of candidates based on qualifications,




      Sustainability Report 2025
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                                                                                                                                                155




   Chair of the Highest Governing Body [GRI 2-11]

AKR’s governance structure refers to Law No. 40 of 2007             • Board of Directors
concerning Limited Liability Companies, which consists of the         The Board of Directors is responsible for managing the
following organs:                                                     Company and is supported by the Internal Audit Unit, the
• General Meeting of Shareholders (GMS)                               Corporate Secretary, and Investor Relations.
    As the highest governance organ, the GMS holds ultimate
    decision‑making authority, through which shareholders           AKR’s governance structure comprises the Board of
    exercise their rights and authority over the management of      Directors and the Board of Commissioners. The Board of
    the Company.                                                    Directors serves as the executive body, while the Board of




                                                                                                                                                Our Conduct: Tata Kelola, Etika & Kepatuhan
• Board of Commissioners                                            Commissioners acts as the supervisory organ responsible for
    The Board of Commissioners is responsible for supervising       overseeing the performance of the Board of Directors. The
    the Board of Directors in managing the Company and              highest governing body of the Company is chaired by the
    is supported by two Committees, namely the Audit                President Commissioner, who holds a nonexecutive role, while
    Committee and the Nomination and Remuneration                   the President Director carries out the executive function.
    Committee, in the execution of its supervisory functions


                                                         GCG Structure



                                                General Meeting of Shareholders

                                                                                                       Nomination and Remuneration
                                                                                                               Committee

                                                    Board of Commissioners

          ESG Committee                                                                                     Audit Committee

                                                        Board of Directors




          Investor Relation                           Corporate Secretary                                     Internal Audit




   AKR ESG Committe

The ESG (Environmental, Social, and Governance) Committee is led by and reports directly to the President Director, a
commitment reflecting the Company’s commitment to managing and integrating sustainability aspects into all business
activities. The Committee is responsible for determining strategy, providing recommendations, coordinating, reporting, and
monitoring the Company’s ESG initiatives. [SEOJK E1]



                                                             BOD-BOC




                                                          ESG Committee




                                                           ESG Task Force




                                 AKR Logistics and Supply Chain                                                 bp Joint Ventures,
                                                                      JIIPE Industrial Estate Ports,
   AKR Trading & Distribution    Operations, ATI, AST, Including                                              Manufacturing and New
                                                                         Utilities and Operations
                                   Network & Operations, JTT                                                        Initiatives



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      The ESG Committee and the Management of Sustainability               In 2025, as part of efforts to integrate ESG and sustainability
      at AKR [GRI 2-12][SEOJK E1]                                          considerations into AKR’s operations, the Corporate
                                                                           Secretary took the lead in driving the following key initiatives:
      The ESG Committee serves as the primary steering and                 • Ensuring compliance with capital market regulations
      oversight body for the implementation of sustainability                  through timely reporting and disclosures, while
      principles covering economic, environmental, and social                  strengthening transparency of ESG-related information.
      aspects. All Committee roles and directions are aligned with         • Providing updates on ESG standards and sustainability
      the Company’s objectives, values, mission, policies, and                 reporting developments, including readiness for the
      sustainability strategies and targets.                                   implementation of standards such as PSPK 1 and PSPK 2.
                                                                           • Coordinating cross-functional ESG implementation
      Sustainability initiatives are integrated according to each              through the ESG Task Force and aligning sustainability
      division’s respective roles and responsibilities, with each              strategies with the Company’s business direction.
      division’s Director responsible for ensuring effective               • Conducting internal training, outreach, and discussions on
      implementation. The ESG Committee periodically conducts                  ESG and sustainability reporting.
      coordination and evaluation with designated division                 • Supporting the preparation of the Annual Report and
      representatives to monitor the achievement of sustainability             Sustainability Report, while enhancing the quality of ESG
      performance.                                                             disclosures.
                                                                           • Strengthening internal and external coordination
      Delegation of Authority of the AKR ESG Committee                         in sustainability program implementation and ESG
      [GRI 2-13]                                                               communication with stakeholders.

      The ESG Committee oversees the ESG Task Force, which                 Throughout 2025, the ESG Committee actively performed its
      consists of Senior Employees from each division, with the            oversight role through periodic updates and cross-functional
      Committee having the following authorities:                          coordination supported by the Corporate Secretary. This
      1. Access data, documents, and other information regarding           approach enabled effective, adaptive, and responsive
         the Company’s resources required for the implementation           monitoring of ESG implementation in line with operational
         of the Sustainability Action Plan.                                dynamics and regulatory developments. The Committee’s
      2. Communicate directly with employees, including the                oversight focused on four (4) key priority areas, including:
         Board of Directors and the ESG Task Force, in relation to its     1. Oversight of ESG Implementation and Disclosure Quality
         duties and responsibilities.                                         The Committee oversees the preparation of the Company’s
      3. With the approval of the Board of Commissioners,                     Sustainability Report, ensuring accuracy, consistency,
         involve independent parties outside the ESG Committee                and strategic relevance across all ESG disclosures. It also
         members, if required, to assist in the execution of its duties.      ensures that the sustainability narrative reflects actual
      4. Exercise other authorities granted by the Board of                   program implementation on the ground in practice and
         Commissioners.                                                       aligns with the Company’s long-term strategic direction
                                                                              under AKR Horizon 2030.
      In greater detail, the ESG Committee will:                           2. Readiness for Regulatory Developments and Reporting
      1. Review business processes and identify as well as manage             Standards
          the impacts of AKR’s operations on environmental, social,           Amid rising regulatory and investor expectations on
          and governance aspects.                                             regarding the quality of sustainability disclosures, including
      2. Observe and review regulations and developments in                   developments in PSPK / IFRS Sustainability Standards,
          Indonesian and international sustainability standards,              the Committee monitors the Company’s readiness to
          determine material topics relevant to AKR, and provide              respond to these changes. Regular updates are provided
          recommendations to the highest level of the ESG Task                on regarding relevant ESG regulatory developments,
          Force in formulating appropriate sustainability strategies,         including insights from the Company’s participation in
          policies, targets, and guidelines for AKR.                          external ESG forums and seminars, ensuring preparedness
      3. Periodically review AKR’s sustainability strategies, policies,       to adapt reporting practices going forward.
          targets, and guidelines.                                         3. Strengthening Cross-Functional ESG Governance
      4. Periodically review AKR’s sustainability performance                 The Committee supports the establishment and
          across all aspects of AKR’s Sustainability Commitment.              coordination of a cross-functional ESG Task Force to
      5. Review the effectiveness of communication in                         integrate sustainability into day-to-day decision-making.
          disseminating AKR’s sustainability policies to internal and         This includes facilitating internal ESG awareness initiatives,
          external stakeholders.                                              encouraging early identification of material sustainability
      6. Participate in the development of public policies related to         risks, and overseeing the development of ESG data
          climate change and environmental impacts.                           infrastructure to support reliable and consistent reporting.

      Corporate Secretary Continues to Play an Active Role in
      Ensuring the Integration of Sustainability Principles within
      AKR and Supporting for the Board of Directors and the
      Board of Commissioners [GRI 2-13]

      The Company’s Corporate Secretary ensures that the ESG
      Committee and the ESG Task Force remain aligned with
      evolving ESG dynamics, regulatory developments, and
      emerging best practices.




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4. Monitoring of External ESG Assessments and Recognition              maintain and enhance the credibility of the Company’s
   The Committee monitors the Company’s positioning                    sustainability disclosures in the eyes of investors and
   across various external ESG indices and assessments, and            stakeholders, while also serving as constructive input for
   evaluates independent reviews of the quality of the Annual          the continuous improvement of reporting quality.
   Report and Sustainability Report. This monitoring aims to




   Sustainability Competency Development [GRI 2-17][SEOJK E.2]




                                                                                                                                          Our Conduct: Tata Kelola, Etika & Kepatuhan
AKR consistently facilitates the enhancement of sustainability      • Sustainability regulations and governance policies (POJK
competencies for members of the Board of Directors                    and SEOJK).
and the Board of Commissioners through the provision                • Sustainability reporting standards (IFRS S1–S2, GRI,
of various learning materials and development programs.               and ISSB).
Participation by Company representatives in these programs          • Sustainable finance and the integration of ESG into
is aimed at strengthening understanding of the integration of         business strategy.
sustainability aspects into business strategy and governance,       • Corporate governance (GCG) and ESG risk management.
while supporting decision-making aligned with ESG principles.       • Sustainability reporting for industrial sector companies.
The programs implemented include short courses, workshops           • Corporate reputation, corporate communication, and
and seminars, as well as involvement in sustainability-related        digital trust.
projects.                                                           • Technology integration and cybersecurity in governance.
                                                                    • Capital market developments and information disclosure.
In 2025, sustainability-related seminars were attended
by Company representatives to enhance environmental                 Meanwhile, sustainability competency development in the
awareness and sustainability practices among AKR personnel,         form of dedicated training programs for members of the
and to encourage sustainability leadership at the senior            Board of Directors conducted throughout 2025 is presented
management level. The workshops and training programs               as follows:
undertaken throughout 2025 covered, among others, the
following topics:


    No.                     Training Title                       Training Date         Training Venue             Organizer

  Suresh Vembu

              Navigating ESG Challenges through
      1.      Strengthening Good Corporate                18 March 2025             Zoom                   ICSA
              Governance Policies
              The Role of Public Companies in
     2.       Sustainable Finance: Understanding TKBI     13 March 2025             Zoom                   ICSA
              Version 2
              Cybersecurity Integration in GCG:
     3.       The Important Role of the Corporate         29 October 2025           Zoom                   ICSA
              Secretary
     4.       OJK Year-End Dialogue                       5 December 2025           Jakarta                OJK

  Termuti Tiban

      1.      PPL – PSAK Update (IAI Jakarta)             23-24 January 2025        Jakarta                IAI
              Webinar Asia – Assessing the Impact of
     2.                                                   10 April 2025             Jakarta                Standard Chartered
              US Tariffs
              IAI Webinar – Comprehensive Review of
     3.       Tax Audits in the Coretax Era Based on      3 July 2025               Jakarta                IAI
              PMK No. 15 of 2025
              IDX–GRI–AEI Seminar: GRI 102 & GRI
     4.       103 Climate Change and Energy Topic         3 September 2025          Jakarta                IDX
              Standards Confirmation




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                  AKR Enhances Readiness for IFRS S1 & S2
                  Implementation

           AKR, through its Corporate Secretary and Finance &            Through IFRS S1 & S2, the Company aims to strengthen
           Accounting functions, conducted a hybrid session on           transparency, accountability, and investor confidence,
           IFRS S1 & S2 in collaboration with EY Indonesia. The          aligned with its commitment to delivering sustainable value
           session involved Management, Investor Relations, and          for shareholders and stakeholders.
           representatives from subsidiaries and joint ventures,
           as part of efforts to strengthen readiness for global
           sustainability standards.

           This initiative has established a solid foundation for IFRS
           S1 & S2 adoption. Core elements such as governance,
           strategy, risk management, and metrics & targets are
           already embedded in the Sustainability Report. The
           Company continues to enhance climate risk analysis
           and its integration into business strategy, recognizing
           both potential impacts on operations, regulation, and
           reputation, as well as opportunities arising from the
           energy transition and the development of the JIIPE
           green industrial zone.




                  Collaboration to Strengthen
                  Safety Culture in the Oil and Gas Industry

           As part of its commitment to strengthening safety             The discussion highlighted the role of leadership, digital
           culture in the oil and gas industry, AKR participated in a    monitoring systems, and crosssector collaboration in
           CEO Safety Talk facilitated by the Ministry of Energy and     building an adaptive, technology driven safety culture.
           Mineral Resources. The session featured AKR’s Head of         Through this participation, AKR reinforced its commitment
           Operations & Network, Joseph Pangilinan, alongside            to advancing industry safety standards while promoting
           other national industry leaders.                              stakeholder collaboration to create a safer and more
                                                                         sustainable working environment.




          Performance Evaluation of Governance Bodies [GRI 2-18]

      A remuneration policy designed to encourage the overall              are also considered reflecting the Company’s commitment to
      performance of the Board of Commissioners and the Board              responsible business practices and sound governance as key
      of Directors has strengthened the implementation of Good             pillars for long-term success.
      Corporate Governance (GCG) at AKR, by considering not
      only shortterm financial achievements but also sustainable           The annual performance evaluation of the Board of Directors
      long-term performance. For the Annual General Meeting                is conducted as follows: the President Director evaluates
      of Shareholders (AGMS), the Company also periodically                the performance of each Director, while the performance
      evaluates its governing bodies with reference to GCG                 of the President Director is assessed by the Nomination
      principles, as well as followup actions on the results of            and Remuneration Committee (NRC). The evaluation covers
      previous evaluations.                                                financial achievements and ESG aspects, with the results
                                                                           serving as the basis for determining the remuneration of the
      The performance evaluation of the Board of Commissioners             Board of Directors and for formulating improvement measures
      and the Board of Directors is based on the achievement of Key        based on self-assessment outcomes.
      Performance Indicators (KPIs) established in accordance with
      the Company’s strategy and work plan, including sustainability       The performance evaluations of the Board of Commissioners
      targets. In determining remuneration, nonfinancial aspects—          and the Board of Directors are conducted through the
      such as operational performance, environmental and social            mechanism of the General Meeting of Shareholders (GMS)
      performance, and compliance with governance principles—              and are based on the achievement of financial, operational,
                                                                           environmental, social, and governance performance targets.




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   Transparency
   And Accountability
Transparency and accountability are key principles supporting      each governing body, ensuring that Company management
the Company’s sustainability and growth, reinforced through        is measurable, efficient, and consistently aligned with GCG
their consistent application across business and operational       practices.
activities, and strengthening AKR’s position as a trusted




                                                                                                                                          Our Conduct: Tata Kelola, Etika & Kepatuhan
company focused on sustainability and positive stakeholder         In 2025, AKR’s commitment to transparency and
impact.                                                            accountability, particularly in sustainability performance,
                                                                   was demonstrated through various achievements and
Transparency in Corporate Governance forms the foundation          recognitions from external parties. These recognitions
for decision-making processes and the disclosure of material       reflect the Company’s efforts in implementing sustainability
information to stakeholders. Meanwhile, the principle of           principles and sound governance practices, while creating
accountability clearly defines the roles and responsibilities of   added value for stakeholders.




   The Role of Governance Bodies in the Preparation of the Sustainability
   Report [GRI 2-14]

The preparation of the Sustainability Report is directly           accountant. The Nomination and Remuneration Committee
supported by AKR’s governance bodies. The Board of                 (NRC), which operates independently and without affiliation
Directors is responsible for leading and controlling operational   to the Board of Commissioners, the Board of Directors, or the
activities to ensure alignment with the Company’s strategic        Company’s controlling shareholders, also supports the Board
direction. Under the leadership of the President Director,         of Commissioners in carrying out its governance functions.
the Board of Directors ensures that the sustainability vision
and mission—covering environmental, social, and economic           The formulation and strengthening of AKR’s sustainability
aspects—are implemented consistently in line with GCG              strategy are undertaken by the ESG Committee in
principles.                                                        collaboration with the Board of Directors. The strategy is
                                                                   designed within the framework of the AKR Sustainability House
The supervisory role is carried out by the Board of                and implemented through flagship programs under each
Commissioners. The Audit Committee assists the Board of            strategic pillar across business units. Progress is monitored
Commissioners in ensuring the implementation of GCG, the           through AKR Horizon 2030, which serves as the Company’s
effectiveness of internal control systems, the enhancement         sustainability progress tracker. In the preparation of the
of transparency (including financial reporting), and the           Sustainability Report, the ESG Committee is involved from the
review of the independence and objectivity of the public           early stages, encouraging cross-functional workshops and
                                                                   providing approval for the determination of material topics
                                                                   disclosed in this report.

   Code of Conduct

The Code of Conduct is a behavioral guideline for all employees in carrying out their duties and responsibilities, upholding
integrity, professionalism, and compliance with applicable regulations. The Company regularly conducts socialization activities to
reaffirm the role of stakeholders in monitoring and reporting indications of violations through the whistleblowing system, thereby
strengthening awareness and understanding of the importance of honesty, integrity, and accountability as integral elements of
AKR’s business culture.




   Remuneration Policy [GRI 2-19]

AKR’s remuneration policy stipulates that members of the Board of Commissioners receive monthly honoraria, while members of
the Board of Directors are provided with compensation comprising base salary, performance-based bonuses, benefits, various
allowances, and management stock options. In addition, all Commissioners and Directors are covered by insurance.




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          Remuneration Determination Process [GRI 2-20]

      Remuneration for members of the Board of Commissioners and the Board of Directors is determined by shareholders at the
      General Meeting of Shareholders (GMS), based on recommendations from the Nomination and Remuneration Committee (NRC),
      which considers the results of performance evaluations. The Company does not engage external consultants to determine the
      remuneration of either the Board of Commissioners or the Board of Directors.




          Annual Total Compensation Ratio [GRI 2-21]

      Taking into consideration data confidentiality, AKR is unable to disclose in this Sustainability Report detailed information on the
      annual compensation ratio of the highest‑paid individual compared with the average annual total compensation of all employees,
      as well as the percentage increase in the annual compensation ratio. Information regarding the total remuneration received by the
      Company’s Board of Directors and Board of Commissioners for 2025 is disclosed in the Corporate Governance chapter of the
      Company’s Annual Report.




          Whistleblowing Mechanism [GRI 2-26][GRI 2-16]

      AKR’s violation reporting mechanism, the Whistleblowing                Communication with the reporter is conducted confidentially
      System (WBS), serves as a channel for reporting alleged                by the Whistleblower Protection Officer when additional
      violations of ethics, policies, or laws related to the Company’s       information or clarification is required to support the
      activities. This mechanism may be used by employees,                   investigation process.
      thirdparty vendors, suppliers, and other stakeholders to
      submit reports in a secure and confidential manner.                    In 2025, AKR implemented several initiatives to strengthen the
                                                                             violation disclosure mechanism, as follows:
      Through this mechanism, AKR receives reports regarding                 • Monitoring the implementation of policies aimed at
      indications of violations, including fraud, corrupt practices,             maintaining sound corporate governance.
      breaches of the Code of Conduct, and violations of                     • Disseminates information on new regulations and
      applicable laws and regulations. Each report is received by the            guidelines related to governance and sustainability
      President Director and subsequently followed up through an                 principles.
      investigation process conducted by the Internal Audit Unit in          • Maintains communication with internal and external
      an objective and comprehensive manner, in accordance with                  stakeholders to support transparency.
      applicable laws and regulations and the Company’s internal             • Participates in seminars and briefings on new
      policies.                                                                  governance‑related regulations and guidelines.




                           As of 2025, the reporting channels available within the Company include: [SEOJK F.24] [GRI 2-26]




         Website-based reporting system/              E-mail addressed to:                         WhatsApp number at:
         online form available at:                    lapor.haryanto.adikoesoemo@akr.co.id         +62 811-1321-911
         https://wbs.akr.co.id



      Through these reporting channels, AKR optimizes the reporting process for critical matters within the Company, including those
      related to economic, social, and environmental aspects, to ensure appropriate attention and followup. In submitting a report, the
      whistleblower is required to provide accountable initial indications of the alleged fraud or violation, supported by relevant data or
      evidence (where available), including, among others:




      Sustainability Report 2025
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       WHAT                       WHO                       WHEN                    WHERE                        HOW
     The reported             Parties involved         Time of occurrence        Place/location of          How the incident
    action/violation                                                                occurrence                 occurred




The reporter is entitled to receive protection from the           5. Protection also applies to parties conducting




                                                                                                                                          Our Conduct: Tata Kelola, Etika & Kepatuhan
Company, including:                                                  investigations and those providing information related to
1. Assurance of confidentiality of the reporter’s identity and       the report ,
   the contents of the report, except where disclosure is         6. If the reporter experiences retaliation in the form of
   required by law enforcement authorities,                          pressure, threats, or other retaliatory actions, the reporter
2. Protection against any detrimental treatment toward the           may submit a complaint to the President Director. If
   reporter, such as:                                                the issue cannot be resolved internally, the reporter is
   a. unfair dismissal;                                              guaranteed the right to bring the matter to an independent
   b. demotion or reduction in rank; and                             external institution.
   c. harassment or discrimination in any form;
3. Prohibition of unfavorable records being placed in the         As of 31 December 2025, AKR had received one (1) report
   reporter’s personal file,                                      through the Whistleblowing System. All reports received
4. Assurance of protection from threats, intimidation, criminal   were followed up and resolved in accordance with applicable
   or civil legal sanctions, or any other form of retaliatory     regulations and internal procedures.
   action by the reported party,




  Risk
  Management
  [SEOJK E.3][GRI 2-23]



Risk management is an integral component of governance            of promoting sustainable growth and a long-term business
and business planning, designed to anticipate economic            orientation. Long-term growth is believed to be founded
dynamics, changes in the business climate, and increasingly       on responsible financial planning and risk management,
complex competitive landscapes. The risk management               with a focus on reducing environmental impact, enhancing
framework has been integrated into strategic and operational      social contributions, and complying with high governance
planning processes and is supported by adequate resources         standards.
to ensure consistent and effective implementation.
                                                                  Based on the above, an annual review of the Company’s
In line with business growth and development, AKR                 capital and debt structure is conducted by the Board of
continuously refines its procedures and risk mitigation           Directors, while carefully assessing alignment with the
methodologies to remain relevant and adaptive. This enables       Company’s strategic objectives and risk profile, including risks
the Company to conduct comprehensive risk identification          related to sustainability issues and climate change challenges.
and evaluation, while also providing assurance and confidence
to stakeholders regarding the sustainability and resilience of    In making strategic decisions, AKR integrates risk assessment
AKR’s business.                                                   into a broader and more comprehensive risk management
                                                                  framework. This approach not only emphasizes financial
In accordance with the framework of the ASEAN Corporate           health and performance but also systematically incorporates
Governance Scorecard (ACGS), AKR strengthens the                  ESG aspects as a foundation for capital allocation planning
integration of sustainability within corporate governance and     and debt management, ensuring that the value generated by
strategic planning. AKR recognizes recognizes the importance      the Company delivers sustainable benefits to shareholders
                                                                  and all stakeholders.




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          Risk Management and Internal Control System [GRI 2-24]

      AKR manages risk through a combination of top-down                        developments may affect both global and domestic
      and bottom-up approaches to ensure comprehensive risk                     economic conditions, including inflation, growth, and
      assessment coverage. The Board of Directors evaluates key                 the stability of Indonesia’s energy sector.
      risks at the corporate level, while Heads of Departments,
      Branches, and Subsidiaries are responsible for identifying                As an oil and gas distribution operator, AKR identifies
      and assessing risks specific to their respective units or                 these developments as material sustainability risks
      business lines.                                                           in the short to medium term, particularly related to in
                                                                                relation to price volatility and potential supply chain
      All risk management processes are coordinated in an                       disruptions. The Company addresses these risks
      integrated manner with the Enterprise Risk Management                     through an integrated risk management approach,
      (ERM) Department at the Head Office, which consolidates,                  including active monitoring of market and regulatory
      monitors, and manages identified risks across working units.              developments, prudent credit analysis, and disciplined
      This approach ensures that risk management implementation                 investment decisions, supporting thereby supporting
      within AKR is structured, consistent, and reinforces                      operational resilience and sustainable performance.
      accountability.
                                                                                The Company continues to assess the evolving
      In detail, the roles and responsibilities of the Company’s ERM            impact of geopolitical dynamics on its operations
      Department are as follows: [GRI 2-24]                                     and sustainability strategy. Any material impact will
      1. Developing and proposing risk management concepts                      be reflected in the financial performance of the next
          and frameworks, including risk appetite, risk philosophy,             reporting period.
          risk tolerance, policies, procedures, and governance
          structures, for implementation by the President Director in        b. Risk of Changes in Government Policy
          alignment with the Company’s vision and mission.                      The Company is exposed to risks arising from changes
      2. Implementing and communicating risk management                         in government policies that may affect its domestic
          policies and procedures in a continuous and consistent                operations. Policy shifts covering taxation, currency
          manner.                                                               controls, interest rates, import-export regulations,
      3. Ensuring that all key and significant risks are identified,            subsidized fuel schemes, labor, licensing, and
          measured, and adequately mitigated.                                   investment may influence overall performance. Most
      4. Submitting priority risks requiring immediate management               fuel products and certain basic chemicals traded
          attention based on the existing risk profile, taking into             and distributed by the Company are sourced from
          account impact and likelihood after evaluating the                    imports. Changes such as import restrictions, quotas,
          effectiveness of existing internal controls.                          duties, or tariffs could disrupt supply or increase costs,
      5. Ensuring and continuously monitoring the implementation                potentially affecting business performance. The award
          of approved risk mitigation plans in accordance with                  of subsidized fuel distribution contracts in subsequent
          established timelines.                                                years, being subject to the Government’s tender
      6. Reviewing and providing input to Branch, Division,                     process and the continuation of deregulation policies,
          Department, and Subsidiary management regarding risk                  also depends on the Company’s ability to meet various
          mitigation plans, including in response to new issues arising         eligibility criteria.
          during implementation.
      7. Conducting validation and verification, particularly for key     2. Industry Risk
          risks, of existing risk controls and implementation progress       Industry demand and supply remain key drivers of AKR’s
          of mitigation and action plans through direct field visits to      performance. The trading and distribution segment
          operational units.                                                 is closely linked to demand for basic chemicals and
      8. Conducting ongoing initiatives to build a culture of risk           petroleum products, which tracks national and regional
          awareness, ownership, and vigilance, emphasizing that risk         economic activity. The logistics segment is also exposed to
          management is the responsibility of all AKR personnel.             demand cycles, as it provides infrastructure and services to
      9. Preparing and periodically submitting the Consolidated              third parties. Economic slowdowns in both domestic and
          Risk Management Report to the President Director and               global markets may reduce trade flows, shipping activity,
          relevant Directors.                                                and demand for logistics services.

      The risks faced by the Company and the corresponding risk              The Company also faces competitive pressures from
      management efforts are as follows:                                     peers in similar businesses, as well as structural shifts in
      1. Country Risk                                                        the energy and chemical markets, including the transition
         Indonesia’s macroeconomic conditions, political situation,          to cleaner energy, changing customer preferences,
         and government regulations influence AKR and other                  and concentration in certain sectors and customers.
         companies operating in Indonesia.                                   In response, the Company continues to strengthen
         a. Economic and Geopolitical Risk                                   its logistics infrastructure, maintain reliable supplier
            Economic and geopolitical risks remain a key concern,            relationships, and enhance service quality.
            particularly amid escalating tensions in the Middle East
            since late February 2026. The conflict involving the             Global supply chain disruptions and rapid technological
            United States, Israel, and Iran, including the closure           change present additional risks. Delays in adopting digital
            of the Strait of Hormuz, a critical global energy route          systems, automation, and supply chain technologies may
            has driven higher oil prices and logistics costs, while          affect efficiency, service reliability, and competitiveness.
            increasing uncertainty in global energy supply. These




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3. Operational Risk                                                  risk), and liquidity risk. Regarding credit risk, the Company
   Operational risk arises when the Company fails to comply          implements strict monitoring in granting credit to
   with standard operating procedures, when employee                 customers.
   management is ineffective, when systems experience
   disruptions, or due to external events such as weather            To address commodity price volatility and foreign
   changes, natural disasters, or supply chain disruptions.          exchange risk, the Company applies a stable business
   These risks relate to the Company’s day‑to‑day                    model using price-based formulas, with foreign exchange
   operations.                                                       exposure managed through hedging strategies. The
                                                                     Company’s financial risk management practices are
   Accordingly, standard operating procedures are                    described in detail in the consolidated financial statements
   continuously updated and refined to reduce potential              audited by the Public Accounting Firm Purwanto Susanti




                                                                                                                                          Our Conduct: Tata Kelola, Etika & Kepatuhan
   risks and ensure alignment with business requirements and         dan Surja (member firm of Ernst & Young).
   technological developments. The Company also develops
   backup technologies and operational systems in the             In its internal control framework, AKR refers to the
   event that the primary system fails. A centralized IT system   internationally recognized framework of the Committee
   supports monitoring of product storage and distribution.       of Sponsoring Organizations of the Treadway Commission
   Employees responsible for these systems receive regular        (COSO). COSO defines internal control as a process involving
   training to enhance expertise and operational vigilance.       the Board of Commissioners, the Board of Directors, and other
                                                                  personnel. This definition aligns with AKR’s internal control
   To ensure effective and sustainable operational risk           system, which emphasizes organization-wide responsibility.
   management, the Three Lines of Defense approach
   is applied, namely: (a) business units managing daily          The Company believes that its internal control system provides
   operational risks as preventive controls; (b) Risk             reasonable assurance with respect to the achievement of the
   Management as detective controls; and (c) Quality              following objectives:
   Assurance as corrective controls.                              1. Effectiveness and efficiency of operations
                                                                  2. Reliability of financial reporting
4. Safety, Health, and Environment Risk                           3. Compliance with applicable laws and regulations
   AKR may encounter Safety, Health, and Environment
   (SHE) risks given that the Company operates in the             AKR views internal control as an integrated series of actions
   basic chemicals, fuel distribution, manufacturing, and         embedded throughout its core management processes,
   logistics sectors. These risks include fire, product spills,   namely planning, execution, and monitoring. The components
   improper waste handling, equipment malfunction, system         of the internal control system include:
   failures, and other incidents. SHE risks not only affect the   1. Control environment, encompassing integrity, ethical
   Company but may also impact communities surrounding                values, competence, management philosophy, operating
   operational areas.                                                 style, and assignment of authority and responsibility.
                                                                  2. Risk assessment, aimed at identifying, analyzing, and
   To mitigate these risks, strict occupational safety                managing risks across business activities.
   procedures and targeted employee training for handling         3. Control activities, including policies and procedures
   emergency and non‑routine situations are implemented.              established by management to support achievement of
   SHE procedures are continuously updated in accordance              objectives.
   with government regulations, organizational standards,         4. Information and communication, enabling relevant
   and applicable certifications across regions of operation.         information exchange to support operations and control.
                                                                  5. Monitoring, conducted through ongoing activities,
5. Financial Risk                                                     separate evaluations, or a combination of both.
   The main risks faced by the Company in financial
   instruments are credit risk, market risk (including interest   More detailed information regarding AKR’s Risk Management
   rate risk, foreign exchange risk, and commodity price          and Internal Control System is presented in the Corporate
                                                                  Governance chapter of the Company’s 2025 Annual Report.




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          Evaluation of Risk Management Implementation [GRI 2-26]

      AKR continues to strengthen its risk management framework           Through a structured risk management system, AKR is
      and integrated internal control system to ensure the                able to identify and manage risks more systematically,
      Company’s readiness to address various potential risks.             enabling strategic and informed decision-making related
      The framework is designed to provide early warning signals          to the management of the Company’s operations and its
      of potential risks that may affect business performance             subsidiaries.
      and sustainability, enabling mitigation measures to be
      implemented in a timely and measurable manner.                      As part of AKR’s efforts to strengthen a risk-aware culture
                                                                          across all operational areas, the Company implemented a
      The implementation of risk management provides positive             series of initiatives throughout 2025, including:
      contributions in supporting planning processes, decision-           1. Conducting refresher sessions on risk management and its
      making, and reinforcing GCG practices at AKR. The risk                 implementation for branch-level risk owners.
      management system helps reduce both the likelihood and              2. Providing risk management awareness sessions for new
      impact of risks through effective mitigation plans with respect        employees.
      to quality, accuracy, and timeliness.                               3. Conducting surveys to assess employee understanding of
                                                                             the Company’s risk awareness culture.




                  Strengthening GRC in Response
                  to the New Criminal Law Regime

           Following the enactment of Indonesia’s new criminal          In parallel, the Company continues to reinforce the
           law regime through the Criminal Code (KUHP, Law No.          implementation of GRC through the refinement of internal
           1 of 2023) and the Criminal Procedure Code (KUHAP,           policies, enhancement of control systems, and the
           Law No. 20 of 2025), the Company has taken proactive         strengthening of a compliance-oriented culture across all
           measures through internal awareness programs                 levels of the organization. These efforts include reinforcing
           and the strengthening of its Governance, Risk, and           the Code of Conduct, strengthening the whistleblowing
           Compliance (GRC) framework. These initiatives are            system, and enhancing capabilities in identifying and
           focused on enhancing management and employee                 mitigating legal risks. This approach forms an integral part
           understanding of the implications of the new legal           of maintaining operational resilience and ensuring that the
           framework, particularly with regard to the expanded          Company remains adaptive to regulatory changes while
           scope of corporate criminal liability. Through structured    minimizing legal risk exposure in the future.
           internal communications and socialization programs,
           the Company ensures that all functions recognize
           the importance of regulatory compliance, effective
           oversight, and well-documented decision-making
           processes.




          Financial Implications and Other Risks Due to Climate Change [GRI 201-2]

      AKR has identified climate change as a risk factor that             fuel for both B2B and retail segments. Over time, AKR has
      may affect the sustainability of operations and long-term           continued to evolve and now plays an active role in supporting
      performance. Accordingly, the Company conducts structured           Indonesia’s manufacturing sector through the JIIPE Special
      assessments of climate-related risks and opportunities across       Economic Zone (SEZ).
      all business units as part of its integrated risk management
      framework.                                                          As part of efforts to support the Government’s climate
                                                                          change agenda, since 2022, the Company, through its ESG
      The results are used as a basis for formulating policies and        Committee, has established a commitment to support the
      making strategic decisions, including expansion planning and        achievement of the net zero emission (NZE) target by 2060
      business portfolio management. This approach is intended            through operational efficiency, participation in the biodiesel
      to maintain business resilience while limiting exposure to          energy transition programs, and innovation in new energy
      potential financial and operational impacts arising from            sources. This long-term commitment is a key focus of AKR’s
      climate change.                                                     ESG Committee and will be implemented through a roadmap
                                                                          with measurable targets. As part of the Action Areas within the
      Over more than six decades of its business journey, AKR’s           AKR Sustainability House, this effort includes a comprehensive
      resilience has been consistently demonstrated. This is              evaluation of business and operational activities to monitor
      reflected in the development of various business lines, which       the Company’s contribution to achieving Indonesia’s NZE
      began in the logistics and supply chain sector, with core           target.
      competencies in the distribution of basic chemicals and



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  Business Ethics
  and Compliance
  [GRI 2-27]



Business ethics and compliance are key to building sound            AKR is committed to complying with all applicable laws
and sustainable corporate governance. These principles              and regulations, including those related to environmental




                                                                                                                                           Our Conduct: Tata Kelola, Etika & Kepatuhan
are applied across all operational activities to ensure that        protection, social and economic responsibilities, product
business is conducted responsibly, transparently, and in            quality, customer protection, respect for human rights,
accordance with applicable legal and ethical standards, as          labor practices, prevention of corruption and gratuities, tax
part of the Company’s commitment to safeguarding long-              compliance, and other relevant areas. The implementation of
term business sustainability.                                       business ethics and compliance forms an essential part of the
                                                                    Company’s social and economic responsibilities, as well as its
In practice, the principles of ethics and compliance apply to       efforts to build trust with communities, the environment, and
all AKR personnel at every level of the organization without        all stakeholders.
exception. Implementation begins from the time employees
join the Company through the signing of the Code of                 AKR also periodically conducts Legal Due Diligence to
Conduct, which serves as a mandatory guideline in carrying          ensure full compliance with applicable regulations, including
out daily duties and activities. The Company also strengthens       regulatory developments aligned with the ASEAN Corporate
understanding of the Code of Conduct through internal               Governance Scorecard (ACGS).
awareness programs and enforces disciplinary measures
for any violations, ranging from administrative sanctions to        As of the end of the reporting year, there were no sanctions,
termination of employment.                                          either monetary or nonmonetary, related to noncompliance
                                                                    with applicable laws and regulations.




   Sustainability Policy Foundation

To ensure integrated and measurable business sustainability, AKR has various policies that serve as the foundation for
implementing ESG principles across operational lines. These policies include, among others, the Sustainable Procurement Policy,
Human Rights Policy, and Environmental and HSSE Policy, which are designed to ensure that business practices are conducted
responsibly, comply with regulations, and align with applicable sustainability standards.

Through this policy framework, AKR reaffirms its commitment to managing risks, maintaining operational integrity, and creating
long-term value for all stakeholders.


      Sustainable Procurement Policy                     Human Rights Policy                      Environmental Policy

 Since 2023, AKR has implemented a               The Company is committed to              The Company is committed to
 Sustainable Procurement Policy designed         respecting and protecting human          conducting    operations    that   are
 to regulate procurement processes               rights through the implementation        safe, secure, and environmentally
 across the Company. This policy                 of nondiscrimination and equality        responsible as a foundation for
 integrates sustainability principles into       principles across all human resource     long-term business stability. This
 all stages of the procurement process,          management         processes.     This   commitment is realized realized
 including supplier selection, risk evaluation   policy prohibits forced labor, child     through compliance with occupational
 assessment, and performance monitoring.         labour, and all forms of harassment,     health and safety and environmental
 Through this policy, AKR is committed to        while ensuring the availability of       regulations, risk management and
 ensuring that every stage of its supply         reporting mechanisms and safe            emergency preparedness, emission
 chain considers environmental, social,          and healthy working conditions. The      reduction and improved energy
 and economic aspects, while promoting           Company also respects the rights         efficiency,     responsible      waste
 responsible and sustainable business            of communities surrounding its           management, as well as continuous
 practices.                                      operational areas. This policy applies   evaluation and improvement of HSSE
                                                 to all employees and related entities    performance. The Company also
 This policy can be accessed on the              within the Company.                      promotes environmentally friendly
 Company’s website:                                                                       innovation and maintains open and
 https://www.akr.co.id/esg/esg-                  This policy can be accessed on the       transparent communication with all
 overview/sustainable-procurement-               Company’s website:                       stakeholders.
 policy.                                         https://www.akr.co.id/esg/esg-
                                                 overview/human-rights-policy             This policy can be accessed on the
                                                                                          Company’s website:
                                                                                          https://www.akr.co.id/esg/esg-
                                                                                          overview/hsse-policy



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          Conflict of Interest [GRI 2-15]

      AKR recognizes the potential risk of conflicts of interest         2. The Board of Directors must avoid any activities that may
      and is committed to complying with all applicable laws                affect its independence in carrying out oversight of the
      and regulations, particularly POJK No. 42/POJK.04/2019                Company.
      concerning Affiliated Transactions and Conflicts of Interest.      3. The Board of Directors is required to complete a Special
      This commitment is realized through preventive measures to            Register containing information on the share ownership of
      protect the interests of stakeholders from potential adverse          Directors and/or their immediate family members in other
      impacts that may arise.                                               companies.
                                                                         4. If a conflict of interest occurs, it must be disclosed, and the
      As part of its internal control framework, AKR establishes            relevant Director must not be involved in the Company’s
      specific principles and procedures that serve as guidelines for       decision-making process related to such matter.
      the Board of Directors, including the following:                   5. The Board of Directors is required to submit a declaration
      1. The Board of Directors is required to avoid conflicts of           regarding conflicts of interest related to matters contained
         interest in carrying out its duties. The Board of Directors        in the Company’s Work Plan and Budget.
         does not use its position for personal interests or for the
         interests of related persons or parties.




          Anti-Corruption Commitment [GRI 205-1] [GRI 205-2][GRI 205-3]

      A zero-tolerance policy toward corruption, gratuities, and all     on the Eradication of Corruption, to ensure transparency,
      forms of fraud is part of strengthening integrity and corporate    accountability, and ethical business practices across all
      governance. This commitment is implemented through                 operations.
      the AKR Horizon 2030 framework, which prioritises clean
      and responsible business practices as a key foundation for         AKR requires all Company personnel to sign an Integrity Pact
      supporting the Company’s long-term sustainability.                 as a declaration of commitment to avoid corruption, collusion,
                                                                         and nepotism (KKN). This is applied to partners and suppliers to
      As part of prevention and early detection efforts, AKR             ensure that all business processes, including the procurement
      provides a violation reporting mechanism through the               of goods and services, are conducted honestly, transparently,
      Whistleblowing System (WBS), which can be accessed                 and accountably throughout the Company’s value chain.
      securely and confidentially by employees as well as other
      stakeholders. The Company also complies with all applicable
      anti-corruption laws and regulations, particularly Law No.
      20 of 2001 concerning Amendments to Law No. 31 of 1999




                        100%           of employees                                  100%                of supplier & vendor
          have signed the Integrity Pact and received internal              have signed the Integrity Pact and received
          awareness training on the Company’s Code                          awareness and communication on the AntiCorruption
          of Conduct, which includes its AntiCorruption                     commitment.
          commitment.


      AKR adopts a firm stance against any violations of the Integrity   The enforcement of the anti-corruption commitment
      Pact as part of its efforts to maintain a clean, professional,     also applies to business partners, including suppliers and
      and integrity-driven working environment. Any employee             vendors. AKR does not tolerate the involvement of third
      proven to have committed a violation will be subject to            parties in corruption or gratuity practices and will impose
      sanctions applied progressively according to the severity of       strict sanctions in the form of unilateral contract termination
      the violation, ranging from moral and administrative sanctions     without compensation, as well as any necessary legal actions,
      to civil or criminal legal proceedings, and may be required to     in accordance with applicable laws and regulations.
      resign without entitlement to compensation.
                                                                         In 2025, there were no reports related to violations of
                                                                         regulations concerning corruption and gratuities involving the
                                                                         Company.




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   Participation in Public Policy Development

AKR engages with various stakeholders, including government          contributes to long-term sustainability and positive economic
institutions, in public policy development by providing              impact. AKR also actively participates in industryrelated
constructive input to support a healthy business climate and         business associations to collectively convey perspectives,
encourage sustainable economic growth. This engagement               insights, and policy recommendations.




                                                                                                                                             Our Conduct: Tata Kelola, Etika & Kepatuhan
   Political Involvement Policy

AKR maintains a neutral and independent stance by not                The Company does not engage in political contributions,
providing support to, or aligning with, any political party or       including funding to political parties or political groups, and
political interest. This ensures that business activities and        prohibits the use of Company assets and facilities for political
operations are conducted objectively, transparently, and             activities. Employees who choose to run for political office are
free from political influence that could give rise to conflicts of   required to resign from their positions at AKR to preserve the
interest.                                                            integrity and independence of the Company. [GRI 415-1]




  Data Privacy
  and Cybersecurity
  [GRI 418-1]




As AKR views the rapid development of digital technology             Security systems are enhanced through endpoint protection,
as a factor that increases exposure to data protection               real-time threat monitoring using Security Information and
and cybersecurity risks, the Company has progressively               Event Management (SIEM), and intrusion detection and
strengthened, since 2021, information security controls as           prevention systems (IDS/IPS). Employees participate in
part of its ongoing risk management efforts.                         cybersecurity training programs and awareness initiatives,
                                                                     and AKR continues to adopt advanced technologies,
These enhancements are supported by structured                       including next-generation firewalls and artificial intelligence,
cybersecurity policies and procedures aimed at safeguarding          to enable rapid threat response and maintain the reliability of
data confidentiality, system integrity, and the continuity of the    the Company’s digital operations.
Company’s operations.
                                                                     AKR’s Information Technology (IT) governance follows
Such efforts are carried out on an ongoing basis to protect the      an organizational structure aligned with functional
confidentiality, integrity, and availability of information, while   responsibilities to ensure the effectiveness, efficiency, and
strengthening operational resilience against evolving cyber          security of digital operations. Each function carries strategic
threats.                                                             responsibilities, including data center management, network
                                                                     operations, application development, technical support, and
AKR’s policies, governance frameworks, and standard                  cybersecurity monitoring. In addition, AKR provides IT services
procedures related to data privacy and cybersecurity are             at branch offices to ensure comprehensive support for
outlined in, among others:                                           business operations, reflecting a commitment to integrated
• ITE-SCO-SCO-POL-001 – IT Security Policy                           and responsive IT governance.
• ITE-SCO-SCO-PRO-001 – Cyber Security Incident
   Response                                                          In 2024, AKR conducted internal dissemination and awareness
                                                                     activities related to its Privacy Notice as part of efforts to
To ensure the security and confidentiality of personal and           strengthen data protection and established a dedicated task
consumer data, various technologies are employed, including          force responsible for managing and monitoring data privacy
data encryption, multifactor authentication (MFA), data              matters.
masking, and tokenization, to ensure that only authorized
parties can access critical information and to minimize the risk     In 2025, there were no incidents involving personal data
of data breaches.                                                    breaches. The Company continues to safeguard data security
                                                                     and confidentiality through systems, policies, and ongoing
                                                                     oversight.




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                             AKR Cybersecurity
                             & Data Privacy Framework
      Amid accelerating digitalization, AKR continues to strengthen cybersecurity resilience and data protection as part of its
      risk mitigation and business sustainability strategy. Key risks addressed include operational disruption, data breaches,
      and regulatory compliance.




                Security                  Data Protection &                  Awareness &                  Risk Management &
              Enhancement                   Governance                     Capacity Building               Incident Response

        • Multi-Factor                  • Data classification:           • Regular cybersecurity          •  Email security
          Authentication (MFA)            Public | Internal |              training (bi-monthly)            monitoring (spam filters,
          & passwordless                  Confidential                   • Phishing simulations             quarantine)
          authentication                • Strengthened access            • Quiz-based evaluation          • Incident response and
        • Endpoint protection             controls and data                with continuous                  mitigation procedures
          and centralized                 security policies                improvement                    • Integration with
          monitoring                    • Internal and external                                             Business Continuity
        • System standardization          audits (Ernst & Young)         Tujuan:                            Plan (BCP)
          and enhanced data                                              Reduce human error and
          analytics                     Tujuan:                          strengthen organizational        Tujuan:
                                        Ensure robust and reliable       readiness                        Minimize downtime and
        Tujuan:                         data governance                                                   maintain service reliability
        Reduce the risk of data
        breaches and cyber threats




                   Cybersecurity Performance 2025                               Awareness Training Program 2025

        • ZERO material cyber incidents and data breaches                • Bi-monthly webinars via Microsoft Teams (starting
          throughout 2025                                                  April 2025)
        • Implementation of MFA and passwordless                         • Phishing simulation-based training
          authentication to strengthen access controls                   • Quiz-based evaluation, with mandatory retakes for
        • Enhanced system monitoring and operational security              participants who do not meet the required standard




      Sustainability
      Laporan Keberlanjutan
                     Report 2025
                              2025
Page 171
                                                                                                                                          169




         Strengthening Cybersecurity
         Capabilities through Digital Trust Insights 2026

    As part of its ongoing efforts to enhance cybersecurity        Participation in this forum strengthens the Company’s
    resilience, AKR’s IT team participated in the “Digital Trust   capability to anticipate relevant cyber risks and respond
    Insights 2026: Cybersecurity in an Era of Uncertainty”         to emerging threats. Key insights are integrated into
    forum organized by PwC Indonesia. The forum provided           AKR’s cybersecurity strategy, particularly to enhance risk




                                                                                                                                          Our Conduct: Tata Kelola, Etika & Kepatuhan
    insights into evolving global cyber risks, including           management practices, strengthen data protection, and
    increasing threat complexity, expanding attack surfaces,       ensure reliable operational continuity.
    and the growing emphasis on proactive, resiliencebased
    approaches.




   AKR Customer Relationship Management (CRM) System [SEOJK F.17]
Managing customer relationships plays a critical role in           The integration of this digital system enables the delivery
maintaining operational reliability and service quality and is     of fuel and basic chemicals to be executed on time, in
supported by a Customer Relationship Management (CRM)              accordance with specifications, and through efficient
system that enables demand planning, purchase history              distribution management.
analysis, and structured projections of customer needs.


  CRM Services                                 Digitalization, Automation & Simplification

  • New Customer Outreach                      From:                                    Becomes:
  • Reminders and Appointments                 • Paper-Based Submission                 • Paperless
  • Integration with Attendance                • Approval via Email                     • System-Based Approval
    Applications                               • Separate System                        • Integrated System (All-in-One)
  • AKR News                                   • Not Integrated                         • Fully Integrated System
  • Planning and Forecasting                   • Manual Mapping                         • Geo-Tagging Technology
  • Customer Discount Simulation               • Web based                              • Mobile and Web-Based
  • Customer Offers                                                                       Application


In more detail, the functions of this IT-based CRM are as          To support operational continuity and business sustainability,
follows:                                                           the Company leverages integrated information systems
• Display New Customers                                            to enhance distribution and service management. These
    Sales representatives can enter prospective customers          systems enable real-time monitoring of product status and
    into the system.                                               fleet movements, ensuring that availability, quantity, and
• Planning and Forecasting                                         quality remain aligned with customer requirements.
    Sales representatives can prepare sales plans for each
    customer for the next 1 month.                                 Customer feedback is collected and evaluated on a
• Appointment Reminders                                            regular basis to capture service experiences and identify
    The system provides reminders for all appointments             improvement opportunities. Insights gained from this process
    scheduled by sales representatives.                            support continuous service enhancement and stronger
• Customer Discount Simulation                                     customer engagement.
    Sales representatives can calculate margin contributions
    before providing price quotations to customers in a            After-sales   support    is provided    through    branch
    PDF file.                                                      representatives, sales teams, and Customer Relationship
• Integration with the Absence Application (Outside                Officers (CROs). All customer complaints are managed
    the Office)                                                    through the MFiles system to ensure timely, traceable, and
    Sales representatives can perform check-in and check-          accurate resolution.
    out at customer locations without having to come to the
    office, as AKR has implemented geo-tagging technology          Through the use of integrated technology, structured
    in this system.                                                feedback management, and responsive after-sales service,
• AKR News                                                         the Company maintains consistent levels of customer
    Sales representatives can receive updates from the AKR         satisfaction.
    team related to products, pricing, and other relevant
    information.
• Flexible Ordering System
    Sales representatives can create Sales Orders using their
    mobile phones or laptops anytime and anywhere.
• Provides        Useful     Reporting   and     Dashboard
    Provide reliable information to support performance
    monitoring and decision-making.



                                                                                                             Sustainability Report 2025
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170




         List of Disclosure Based on
         POJK 51/POJK.03/2017
         [SEOJK G.4]




         No. Index                                                 Index Name                                    Page

        Sustainability Strategy
              A.1          Explanation on Sustainability Strategies                                               50
        Overview of Sustainability Aspects Performance
              B.1          Economy Aspects                                                                        6-7
             B.2           Environmental Aspects                                                                  6-7
             B.3           Social Aspects                                                                         6-7
        Company Profile
              C.1          Vision, Mission, Sustainable Values                                                   18, 22
             C.2           Company Address                                                                       18, 31
                           Business Scale:
                           a. Total assets or assets capitalization and total liabilities;
             C.3           b. Total employee based on gender, position, age, education and employment status;    18, 31
                           c. Percentage of share ownership; and
                           d. Operational area.
             C.4           Product, Service and Business Activities                                              18, 24
             C.5           Member Association                                                                     18
             C.6           Significant Changes                                                                    18
        Director Explanation
              D.1          Director Explanation                                                                  40-47
        Sustainable Corporate Governance
              E.1          Person in Charge Responsibility for Sustainable Finance                               48, 49
              E.2          Sustainable Finance Competency Development                                             157
              E.3          Sustainable Finance Risk Assessment Implementation                                     161
              E.4          Stakeholders Relations                                                                 54
              E.5          Sustainable Finance Implementation Problems                                            50
        Sustainable Performance
              F.1          The Activities of Building a Culture of Sustainability                                  18
        Economic Performance
                           Comparison of Production Targets and Performance, Portfolio, Financial Targets, or
              F.2                                                                                                 76
                           Investment, Revenue and Profit
                           Comparison of Portfolio Targets and Performance, Financing Targets, or Investments
              F.3          in Financial Instruments or Projects in Line With the Implementation of Sustainable   64, 70
                           Finance
        Environmental Performance
              F.4          Environment Cost Incurred                                                             6, 100
        Material Aspect
              F.5          Use of Environmentally Friendly Materials                                             28, 80
        Energy Aspect
              F.6          The Amount and Intensity of Energy Used                                                89
                           Efforts and Achievement of Energy Efficiency Including Use of Renewable Energy
              F.7                                                                                                 89
                           Sources




      Sustainability Report 2025
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                                                                                                                                  171




No. Index                                         Index Name                                               Page

Water Aspect
   F.8      Water Used                                                                                       94
Biodiversity Aspect
            Impacts from Operational Areas Close to or in Conservation Areas or Having
   F.9                                                                                                       98
            Biodiversity
   F.10     Biodiversity Conservation Efforts                                                                98




                                                                                                                                  Our Conduct: Tata Kelola, Etika & Kepatuhan
Emission Aspect
   F.11     The Amount and Intensity of Emissions Produced by Type                                          91,92
   F.12     Efforts and Achievement Emission Reduction Carried Out                                         93,94
Waste and Effluent Aspect
   F.13     The Amount of Waste and Effluent Produced by Type                                              96,98
   F.14     Mechanism of Waste and Effluent Management                                                       97
   F.15     Spills that Occur (if any)                                                                       97
Environmental Complaint Aspect
   F.16     The Amount and Material of Environmental Complaints Received and Resolved                        99
Social Aspect
            Commitment to Provide Services for Equivalent Products and/or Services to
   F.17                                                                                                      169
            Consumers
Employment Aspect
                                                                                                   107, 114, 118, 120, 121,
   F.18     Equality of Employment Opportunities
                                                                                                             122
   F.19     Child Labor and Forced Labor                                                                     107
   F.20     The Regional Minimum Wage                                                                        121
   F.21     Decent and Safe Working Environment                                                           108,115
   F.22     Training and Capacity Building of Employees                                                 124,125,128
Society Aspect
   F.23     Operational Impacts to the Surrounding Community                                                 138
   F.24     Public Complaints                                                                             138, 160
   F.25     Environmental and Social Responsibility Activities                                               139
Responsibilities for Developing Sustainable Products/Services
   F.26     Innovation and Development of Sustainable Financial Products and/or Services                 70, 79, 82
   F.27     Products/Services that have been Evaluated for Safety for Customers                              78
   F.28     Products/Service Impacts                                                                         80
   F.29     Number of Products Recalled                                                                    79, 81
   F.30     Customer Satisfaction Survey of Sustainable Finance and/or Services                          81, 82, 88
Others
   G.1      Written Verification from an Independent Party (if any)                                           15
   G.2      Feedback Form                                                                                     15
   G.3      Feedback on Previous Year’s Sustainability Report                                                 15
            Disclosure List Based on POJK No.51/POJK.03/2017 regarding the Implementation of
   G.4      Sustainable Finance for Financial Services Institutions, Listed Companies and Public             170
            Companies




                                                                                                     Sustainability Report 2025
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172




      GRI Content
      Index
                                   PT AKR Corporindo Tbk (AKR) has reported the information cited in this GRI content index for the
           Statement of use
                                   period 01 January – 31 December 2025 with reference to the GRI Standards.

                    GRI 1          GRI 1: Foundation 2021




        GRI Standard                                              Disclosure                                       Location

        GRI 2: General             2-1 Organizational details                                                         18
        Disclosures 2021
                                   2-2 Entities included in the organization’s sustainability reporting               10
                                   2-3 Reporting period, frequency and contact point                                 10,15
                                   2-4 Restatements of information                                                     11
                                   2-5 External assurance                                                             15
                                   2-6 Activities, value chain and other business relationships                    18,30,80
                                   2-7 Employees                                                                   105,106
                                   2-8 Workers who are not employees                                                  105
                                   2-9 Governance structure and composition                                           154
                                   2-10 Nomination and selection of the highest governance body                       154
                                   2-11 Chair of the highest governance body                                          155
                                   2-12 Role of the highest governance body in overseeing the
                                                                                                                      156
                                   management of impacts
                                   2-13 Delegation of responsibility for managing impacts                             156
                                   2-14 Role of the highest governance body in sustainability reporting           48-49, 159
                                   2-15 Conflicts of interest                                                         166
                                   2-16 Communication of critical concerns                                            160
                                   2-17 Collective knowledge of the highest governance body                           157
                                   2-18 Evaluation of the performance of the highest governance body                  158
                                   2-19 Remuneration policies                                                         159
                                   2-20 Process to determine remuneration                                             160
                                   2-21 Annual total compensation ratio                                               160
                                   2-22 Statement on sustainable development strategy                               50, 56
                                   2-23 Policy commitments                                                          50, 161
                                   2-24 Embedding policy commitments                                                50, 162
                                   2-25 Processes to remediate negative impacts                                     53, 54
                                   2-26 Mechanisms for seeking advice and raising concerns                         160,1 64
                                   2-27 Compliance with laws and regulations                                        99, 165
                                   2-28 Membership associations                                                      18, 31
                                   2-29 Approach to stakeholder engagement                                            54
                                   2-30 Collective bargaining agreements                                              108
        GRI 3: Material Topics     3-1 Process to determine material topics                                           12
        2021
                                   3-2 List of material topics                                                   12, 53-54, 56
                                   3-3 Management of material topics                                      12, 53-54, 56, 104, 109, 139




      Sustainability Report 2025
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                                                                                                                                      173




GRI Standard                                          Disclosure                                           Location

GRI 201: Economic       3-3 Management of material topics                                         12, 53-54, 56, 104, 109, 139
Performance 2016
                        201-1 Direct economic value generated and distributed                                 121
                        201-2 Financial implications and other risks and opportunities due to
                                                                                                          64-72, 164
                        climate change
GRI 202: Market         3-3 Management of material topics                                         12, 53-54, 56, 104, 109, 139
Presence 2016
                        202-1 Ratios of standard entry level wage by gender compared to
                                                                                                              121
                        local minimum wage




                                                                                                                                      Our Conduct: Tata Kelola, Etika & Kepatuhan
                        202-2 Proportion of senior management hired from the local
                                                                                                           122, 135
                        community
GRI 203: Indirect       3-3 Management of material topics                                         12, 53-54, 56, 104, 109, 139
Economic Impacts 2016
                        203-1 Infrastructure investments and services supported                             79, 134
                        203-2 Significant indirect economic impacts                                           133
GRI 204: Procurement    3-3 Management of material topics                                         12, 53-54, 56, 104, 109, 139
Practices 2016
                        204-1 Proportion of spending on local suppliers                                       137
GRI 205: Anti-          3-3 Management of material topics                                         12, 53-54, 56, 104, 109, 139
corruption 2016
                        205-1 Operations assessed for risks related to corruption                             166
                        205-2 Communication and training about anti-corruption policies
                                                                                                              166
                        and procedures
                        205-3 Confirmed incidents of corruption and actions taken                             166
GRI 302: Energy 2016    3-3 Management of material topics                                         12, 53-54, 56, 104, 109, 139
                        302-1 Energy Consumption Within the Organization                                      89
                        302-2 Energy consumption outside of the organization                                  89
                        302-3 Energy Intensity                                                                89
                        302-4 Reduction of energy consumption                                                 90
GRI 303: Water and      3-3 Management of material topics                                         12, 53-54, 56, 104, 109, 139
Effluents 2018
                        303-1 Interactions With Water As A Shared Resource                                     96
                        303-2 Management of Water Discharge-Related Impacts                                    96
                        303-3 Water Withdrawal                                                                94
GRI 304: Biodiversity   3-3 Management of material topics                                         12, 53-54, 56, 104, 109, 139
2016
                        304-1 Operational Sites Owned, Leased, Managed In, or Adjacent
                        To, Protected Areas and Areas of High Biodiversity Value Outside                      98
                        Protected Areas
GRI 305: Emissions      3-3 Management of material topics                                         12, 53-54, 56, 104, 109, 139
2016
                        305-1 Direct (Scope1) GHG Emissions                                                  91,92
                        305-2 Energy indirect (Scope 2) GHG emissions                                        91,92
                        305-3 Other indirect (Scope 3) GHG emissions                                         91,92
                        305-4 GHG emissions intensity                                                        91,92
                        305-5 Reduction of GHG emissions                                                     71,90
                        305-7 Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant
                                                                                                              94
                        air emissions
GRI 306: Waste 2020     3-3 Management of material topics                                         12, 53-54, 56, 104, 109, 139
                        306-1 Waste generation and significant waste-related impacts                       71,97,98
                        306-2 Management of significant waste-related impacts                                71,97
                        306-3 Waste generated                                                                 98
                        306-4 Waste diverted from disposal                                                    98
                        306-5 Waste directed to disposal                                                      98




                                                                                                         Sustainability Report 2025
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174




        GRI Standard                                               Disclosure                                      Location

        GRI 308: Supplier          3-3 Management of material topics                                      12, 53-54, 56, 104, 109, 139
        Environmental
        Assessment 2016            308-1 New suppliers that were screened using environmental criteria                80

        GRI 401: Employment        3-3 Management of material topics                                      12, 53-54, 56, 104, 109, 139
        2016
                                   401-1 New employee hires and employee turnover                                   118,119
                                   401-2 Benefits provided to full-time employees that are not provided
                                                                                                                      120
                                   to temporary or part-time employees
                                   401-3 Parental leave                                                               121
        GRI 402: Labor/            3-3 Management of material topics                                      12, 53-54, 56, 104, 109, 139
        Management Relations
        2016                       402-1 Minimum notice periods regarding operational changes                         121

        GRI 403: Occupational      3-3 Management of material topics                                      12, 53-54, 56, 104, 109, 139
        Health and Safety 2018
                                   403-1 Occupational health and safety management system                             109
                                   403-2 Hazard identification, risk assessment, and incident
                                                                                                                      110
                                   investigation
                                   403-3 Occupational health services                                                 110
                                   403-4 Worker participation, consultation, and communication on
                                                                                                                      111
                                   occupational health and safety
                                   403-5 Worker training on occupational health and safety                            111
                                   403-6 Promotion of worker health                                                   112
                                   403-7 Prevention and mitigation of occupational health and safety
                                                                                                                      112
                                   impacts directly linked by business relationships
                                   403-8 Workers covered by an occupational health and safety
                                                                                                                      113
                                   management system
                                   403-9 Work-related injuries                                                        113
                                   403-10 Work-related ill health                                                     114
        GRI 404: Training and      3-3 Management of material topics                                      12, 53-54, 56, 104, 109, 139
        Education 2016
                                   404-1 Average hours of training per year per employee                              125
                                   404-2 Programs for upgrading employee skills and transition
                                                                                                                      126
                                   assistance programs
                                   404-3 Percentage of employees receiving regular performance and
                                                                                                                      128
                                   career development reviews
        GRI 405: Diversity and     3-3 Management of material topics                                      12, 53-54, 56, 104, 109, 139
        Equal Opportunity 2016
                                   405-1 Diversity of governance bodies and employees                                 122
                                   405-2 Ratio of basic salary and remuneration of women to men                       124
        GRI 406: Non-              3-3 Management of material topics                                      12, 53-54, 56, 104, 109, 139
        discrimination 2016
                                   406-1 Incidents of discrimination and corrective actions taken                   107,124
        GRI 409: Forced or         3-3 Management of material topics                                      12, 53-54, 56, 104, 109, 139
        Compulsory Labor 2016
                                   409-1 Operations and suppliers at significant risk for incidents of
                                                                                                                      107
                                   forced or compulsory labor
        GRI 413: Local             3-3 Management of material topics                                      12, 53-54, 56, 104, 109, 139
        Communities 2016
                                   413-1 Operations with local community engagement, impact
                                                                                                                      138
                                   assessments, and development programs
                                   413-2 Operations with significant actual and potential negative
                                                                                                                  132,138,139
                                   impacts on local communities
        GRI 415: Public Policy     3-3Management of material topics                                       12, 53-54, 56, 104, 109, 139
        2016
                                   415-1 Political contributions                                                      167




      Sustainability Report 2025
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                                                                                                                                  175




GRI Standard                                          Disclosure                                       Location

GRI 416: Customer        3-3 Management of material topics                                    12, 53-54, 56, 104, 109, 139
Health and Safety 2016
                         416-1 Assessment of the health and safety impacts of product and
                                                                                                           82
                         service categories
                         416-2 Incidents of non-compliance concerning the health and safety
                                                                                                            81
                         impacts of products and services
GRI 418: Customer        3-3 Management of material topics                                    12, 53-54, 56, 104, 109, 139
Privacy 2016




                                                                                                                                  Our Conduct: Tata Kelola, Etika & Kepatuhan
                         418-1 Substantiated complaints concerning breaches of customer
                                                                                                           167
                         privacy and losses of customer data




                                                                                                     Sustainability Report 2025
Page 178

          
Page 179
2025
Sustainability Report




PT AKR Corporindo Tbk

AKR Tower 26th Floor
JL. Panjang No. 5 Kebon Jeruk
Jakarta Barat 11530, Indonesia

   (021) 5311110
   www.akr.co.id

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Names mentioned 71 people and organisations named in the text · linked when the evidence is strong

linked org AKR Corporindo Tbk p.3 ×51
linked org Bayu Buana p.22 ×3
linked person Haryanto Adikoesoemo p.43 ×4
linked person Suresh Vembu p.48 ×2
linked person Termurti Tiban p.48 ×2
linked person Nery Polim p.48 ×2
linked person Mery Sofi p.48 ×2
linked person Jimmy Tandyo p.49 ×2
linked org Aneka Tambang Tbk p.76 ×2
linked org Fortune Indonesia p.80 ×3
possible org PT Anugerah p.28
possible org PT Arthakencana Rayatama p.32
possible person Sofyan A. Djalil p.47 ×2
unresolved org Compliance AKR Corporindo Tbk p.6
unresolved org PT AKR Transportation p.12
unresolved org PT AKR Sea Transport p.12
unresolved org PT Jakarta Tank Terminal p.12 ×5
unresolved org PT Berkah Kawasan Manyar p.12
unresolved org PT Berlian Manyar Sejahtera p.12 ×4
unresolved org PT Arjuna Utama Kimia p.12 ×5
unresolved org PT Aneka Petroindo Raya p.12 ×4
unresolved org PT Dirgantara Petroindo Raya p.12 ×3
unresolved org Financial Services Authority p.17 ×6
unresolved org PT AKR p.20 ×2
unresolved org Corporindo Tbk p.20
unresolved org PT Aneka Kimia p.21
unresolved org PT Berkah p.21 ×3
unresolved org Indonesia Stock Exchange p.21 ×3
unresolved org PT BKMS p.21
unresolved org PT BMS p.21
unresolved org PT USAHA EKA PRATAMA NUSANTARA p.21
unresolved org PT BERLIAN JASA TERMINAL INDONESIA Logistic p.21
unresolved org PT Berkah Kawasan Manyar Sejahtera p.21 ×4
unresolved org PT Berlian Manyar Sejahtera Sustainability p.21
unresolved org PT Bayu Buana Gemilang p.22 ×2
unresolved org PT Berkah Buana Energi p.22 ×3
unresolved org Indonesia’s Precious Metals International Trading Pte. Ltd p.23
unresolved org PT Asahimas Chemical p.28
unresolved org PT Anugerah Krida Retailindo p.28
unresolved org PT AKR Sea Transport. Products Bulk Cargo Handling p.29
unresolved org PT BMS Manufacturing p.29
unresolved org PT Dirgantara Petroindo p.30
unresolved person Sastra Kosasih · Notaris p.32
unresolved org Minister of Justice p.32
unresolved — Split) p.32
unresolved org Ministry of Energy and Mineral p.34
unresolved org PT Directorate General p.34
unresolved org Directorate General of Oil p.34 ×2
unresolved org Ministry of Transportation p.36 ×2
unresolved org Directorate General of Land p.36
unresolved org PT Jakarta Tank Terminal Company Profile p.37
unresolved org Minister of Manpower p.37
unresolved org PT Anugerah Lubrindo Raya p.37
unresolved org PT Freeport Indonesia’s p.38
unresolved org PT AGA p.40
unresolved org Ministry of Energy and Mineral Resources p.41
unresolved org PT Berkah Buana p.63
unresolved org PT Anugerah Kreasi Pratama p.63
unresolved org PT Berkah Bunker Service p.63
unresolved org PT Freeport Indonesia. Sustainability p.73
unresolved org PT Berkah Kawasan p.76
unresolved org PT Freeport Indonesia p.76
unresolved org Directorate General of Customs and Excise p.82
unresolved org Ministry of Finance p.82
unresolved person Hj. Ananda p.90
unresolved org PT PLN (Persero) p.92
unresolved org Minister of Environment p.98
unresolved org PT SIER p.98 ×2
unresolved org Ministry of Environment p.98
unresolved org PT Pelindo Kotabaru p.101
unresolved org Ministry of Energy and Mineral Resources. AKR p.116

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