20231204_DOID_Laporan Informasi dan Fakta Material_31544696_lamp1.pdf

PRESS RELEASE                                                       For immediate distribution


BUMA Commences First Rupiah Bond Offering to Strengthen its Position
  as the Leading Mining Services Company in Indonesia and Australia

Jakarta, December 4, 2023 - PT. Bukit Makmur Mandiri Utama (BUMA), a subsidiary of PT.
Delta Dunia Makmur Tbk. (Delta Dunia Group/"DOID"), will, for the first time, offer BUMA 2023
Bond Offering I ("Bonds") with a maximum value of Rp1.5 trillion. The Book-building Period
begins on Monday, December 4, 2023, and will conclude on Friday, December 8, 2023. This
strategic initiative marks a historic milestone for BUMA in time with its 25th anniversary. BUMA's
inaugural entry into the Indonesian bonds market further strengthens its credibility as a leading
mining services company in Indonesia and Australia.

Indra Kanoena, President Director of BUMA, stated, "The BUMA 2023 Bond Offering I is a
testament to our commitment to continually deliver long-term value to all stakeholders. We
believe that this bond issuance will strengthen the confidence of domestic investors to support
sustainable mining industries."

The usage of these bond proceeds is intended to drive BUMA's growth, including increasing
capital for business development and strengthening operational efficiency strategies. The
BUMA 2023 Bond Offering I consists of three series: series A with a duration of 370 (three
hundred seventy) calendar days, series B with a duration of 3 (three) years, and series C with
a duration of 5 (five) years, starting from the issuance date. In this corporate action, BUMA has
appointed PT Mandiri Sekuritas and PT Sucor Sekuritas as the Lead Underwriters of the Bond
Issuance.

Silfanny Bahar, Director of BUMA, mentioned, "BUMA has a proven track record in robustly
managing the company's cash flow. Our future focus is to continue enhancing cash flows from
clients in Indonesia and Australia, managing costs through innovative technology utilization, and
expanding our business in line with our strategy. We are committed to maintaining solid financial
management, especially in upholding strong credit metrics and strengthening our dominant
position in the mining sector, both in Indonesia and Australia."

BUMA is the second in terms of market share in Indonesia's mining services sector and is
recognized as a respected tier 1 contractor in Australia. The company boasts a robust order
book, encompassing long-term partnerships and collaborations with leading mining companies
across various locations, commodities, and mining disciplines in Indonesia and Australia. With
a steadfast commitment to environmental, social, and governance (ESG) principles aiming for
net-zero emissions by 2050, BUMA has significantly contributed to the progress of Delta Dunia
Group, evident in the Group's achievement as the second-highest performer in the global coal
sub-industry, as per the Sustainalytics ESG Risk Rating assessment. Delta Dunia Group has
notably progressed in its ESG Risk Rating, improving from 42.4 in 2022 to 32.7 in July 2023,
marking a 10-point increase (or 25%).

BUMA's performance for the nine months in 2023 has set a record revenue of USD1.363 billion
with an EBITDA of USD308 million, resulting in a net profit of USD30 million. This performance
reflects excellent financial management and rapid company growth. During the same period,
BUMA demonstrated robust cash flow capabilities, with operational cash flow soaring to

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