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20231109_ELSA_Laporan Informasi dan Fakta Material_31507285_lamp1.pdf

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

SIARAN PERS
           ELNUSA Continues to Increase Business Capacity
            through Investment and Capital Expenditures
Jakarta, 7 November 2023, PT Elnusa Tbk (ELNUSA, IDX: ELSA) continues to increase business capacity through
investment spending from capital expenditure. By increasing equipment capacity, it is hoped that the Company will
be able to provide effective solutions. The capex realization so far as of September 2023 has been absorbed at around
57% of the company's capital expenditure plan of IDR 500 billion. This is a positive signal for business prospects in the
coming year.

Based on the absorption of capital expenditure, Top Cash Out Realization year-to-date September 2023 was
contributed by 27% to the Upstream business line which includes Cementing Unit, Equipment Slickline, and Electric
Wireline (EWL) Onshore. 25% on Energy Distribution & Logistics Services for Regular Tank Car Fleet replacement
needs. Meanwhile, 43% is for supporting services needs including Offshore Work Barge Accommodation &
Operational Barge needs and 5% is for non-project use.

Elnusa Corporate Communication Manager, Jayanty Oktavia Maulina said "Until the end of 2023 the Company is still
targeting to make selective and targeted investments and continue efficient operational performance. "This is done
to support sustainable business growth and continue to encourage strengthening operational excellence, increasing
capacity and business development," said Jayanty.

Jayanty added, "The Company will continue to focus on strengthening and developing the Company's three core
businesses in Upstream Oil and Gas Services, Energy Distribution and Logistics Services and Oil and Gas Support
Services which are able to support the Company's performance with each other. "In addition, the Company also
supports the Government's program to carry out energy conversion and is currently exploring the development of
new businesses in the new renewable energy industry." Close Jayanty.

About Elnusa (IDX: ELSA)
Elnusa is a subsidiary of PT Pertamina Hulu Energi (PHE) incorporated in Subholding Upstream Pertamina. As a total energy services
solution company, Elnusa has core competencies in upstream oil and gas services, supporting services, and energy distribution and
logistics services. The upstream oil and gas service line includes Geoscience & Reservoir services (land, transition zone & marine,
and data processing), oil and gas field drilling & maintenance services (drilling & workover), engineering, procurement, construction
& operation maintenance (EPC-OM) services. Supporting service lines include marine support services, fabrication, to data
management. The energy distribution and logistics service line includes fuel transportation services, depot management, and
chemical sales. Currently, Elnusa serves national and international oil and gas companies, including Pertamina Group, British
Petroleum, Conoco Phillips, Soco Exploration (Vietnam) Ltd, etc. Elnusa is listed on the Indonesia Stock Exchange with the issuer
code 'ELSA' and has five subsidiaries that support its competence. Detail information can be accessed at www.elnusa.co.id.

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